Quote:
Originally Posted by William_the_Bloody
That's fine. I'm not opposed to classical liberalism (Hayek, Friedman) on ideological grounds, but rather because it's making people in North America poorer, in comparison to the post war period of say the 1950's to the mid 1980's, where wages were high and the cost of living was low.
If someone could sit me down and convince me that free trade, the decline of unions, (and yes!) the acceleration of the free movement of labour were beneficial to the wages of the working class I would be for it.
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Not exactly a term that applies to economic policies, but classical liberalism is obviously swell.
I have watched quite a few
Stefan Molyneux videos and he's quite good at presenting a case either against Communism/Socialism or pro Capitalism/Anarcho-Capitalism. But the problem with Anarcho-Capitalism is that it hasn't actually been implemented anywhere before (that I know of) so it's hard to say it would work. Whereas Communism, Socialism and, to a lesser extent, capitalism have all failed repeatedly.