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The central political conflict of our time, neatly explained in a comedy rap video

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The central political conflict of our time, neatly explained in a comedy rap video

Old 12-04-13, 09:31 AM
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The central political conflict of our time, neatly explained in a comedy rap video

<iframe width="560" height="315" src="//www.youtube.com/embed/GTQnarzmTOc" frameborder="0" allowfullscreen></iframe>

That is just terrific.
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Old 12-04-13, 10:41 AM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Forgive me if, as a Libertarian, I thought Hayek won, not Keynes.

That video evidently had a budget. I wonder who funded it.

Last edited by Ash Ketchum; 12-05-13 at 03:35 PM.
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Old 12-04-13, 10:55 AM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by Hiro11 View Post
comedy rap video
You are worse than Hitler.
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Old 12-04-13, 04:58 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

I bailed about halfway through. I can only listen to so many logical fallacies in one day.

And given the opening sequence, there's little doubt this was funded by a right wing group.
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Old 12-05-13, 01:38 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by Jason View Post
I bailed about halfway through. I can only listen to so many logical fallacies in one day.
... such as? Both sides are presented.

And given the opening sequence, there's little doubt this was funded by a right wing group.
Yes, those dastardly Nazis at George Mason University.
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Old 12-05-13, 01:40 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by groucho View Post
you are worse than hitler.
wtf?
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Old 12-05-13, 02:31 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by Hiro11 View Post
wtf?
http://en.wikipedia.org/wiki/Hitler
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Old 12-05-13, 02:43 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by Hiro11 View Post
Yes, those dastardly Nazis at George Mason University.
George Mason is well known for its conservative/libertarian slant. Lots of Koch funding, connections with Cato, etc. I think they have a Department of Global Warming Denial there. If you want to find an economics department where Hayek is still taken seriously, this may be your best bet.
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Old 12-05-13, 02:51 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by dork View Post
George Mason is well known for its conservative/libertarian slant. Lots of Koch funding, connections with Cato, etc. I think they have a Department of Global Warming Denial there. If you want to find an economics department where Hayek is still taken seriously, this may be your best bet.
Ah, OK. Now we're getting somewhere. Ad hominem, "no true Scotsman", loaded questions, "consider the source" and appeal to authority all in one post!
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Old 12-05-13, 02:53 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Wait, that sounds like we're not actually getting anywhere.
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Old 12-05-13, 02:58 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by Groucho View Post
A trolling Mod?
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Old 12-05-13, 03:09 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Groucho using sarcasm? Never thought I'd see the day..
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Old 12-05-13, 06:08 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

So between Keynes and Hayek, which one said the following:

There is no reason why in a society which has reached the general level of wealth which ours has attained the first kind of security should not be guaranteed to all without endangering general freedom. .... [T]here can be no doubt that some minimum of food, shelter, and clothing, sufficient to preserve health and the capacity to work, can be assured to everybody. ... Nor is there any reason why the state should not assist the individual in providing for those common hazards of life against which, because of their uncertainty, few individuals can make adequate provision.

Where, as in the case of sickness and accident, neither the desire to avoid such calamities nor the efforts to overcome their consequences are as a rule weakened by the provision of assistance – where, in short, we deal with genuinely insurable risks – the case for the state’s helping to organize a comprehensive system of social insurance is very strong. There are many points of detail where those wishing to preserve the competitive system and those wishing to super-cede it by something different will disagree on the details of such schemes; and it is possible under the name of social insurance to introduce measures which tend to make competition more or less ineffective. But there is no incompatability in principle between the state’s providing greater security in this way and the preservation of individual freedom.

To the same category belongs also the increase of security through the state’s rendering assistance to the victims of such ‘acts of God’ as earthquakes and floods. Wherever communal action can mitigate disasters against which the individual can neither attempt to guard himself nor make provision for the consequences, such communal action should undoubtedly be taken.

There is, finally, the supremely important problem of combating general fluctuations of economic activity and the recurrent waves of large-scale unemployment which accompany them. This is, of course, one of the gravest and most pressing problems of our time. But, though its solution will require much planning in the good sense, it does not — or at least need not — require that special kind of planning which according to its advocates is to replace the market.
Spoiler alert: that seems pretty socialist to me.
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Old 12-10-13, 01:38 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by JasonF View Post
Spoiler alert: that seems pretty socialist to me.
Thanks for actually debating the content of the video.

I'd say that Hayek is proposing a very limited role for the government: a "minimum" support, disaster insurance, economic policies that assure the smooth functioning of markets. I don't think anyone would argue with any of that. It's hardly welfare state / FNMA / centralized markets he's talking about.
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Old 12-10-13, 01:55 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by Hiro11 View Post
I'd say that Hayek is proposing a very limited role for the government: a "minimum" support, disaster insurance, economic policies that assure the smooth functioning of markets. I don't think anyone would argue with any of that. It's hardly welfare state / FNMA / centralized markets he's talking about.
Which makes him sound like Karl Marx compared to the TEA Party and the like.
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Old 12-10-13, 02:14 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by Hiro11 View Post
Thanks for actually debating the content of the video.

I'd say that Hayek is proposing a very limited role for the government: a "minimum" support, disaster insurance, economic policies that assure the smooth functioning of markets. I don't think anyone would argue with any of that. It's hardly welfare state / FNMA / centralized markets he's talking about.
I think it puts Hayek decidedly to the left of a large portion of the modern Republican Party. Po-tay-to, po-tah-to.
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Old 12-10-13, 02:35 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by JasonF View Post
So between Keynes and Hayek, which one said the following:


Spoiler alert: that seems pretty socialist to me.
Well, then it couldn't have been Keynes, since he was far, far from being a socialist.
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Old 12-10-13, 03:14 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by wendersfan View Post
Well, then it couldn't have been Keynes, since he was far, far from being a socialist.
The way the terms are used in America today, I believe Hayek would be consdiered a socialist and Keynes would be considered a Marxist.
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Old 12-10-13, 03:33 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by JasonF View Post
I think it puts Hayek decidedly to the left of a large portion of the modern Republican Party. Po-tay-to, po-tah-to.
The large majority of the Republican party are morons who wouldn't know their ass from a hole in the ground. Most of them are big government "social conservatives" (read: intolerant jerks), the exact opposite of Hayek's classical liberalism. In truth no one in government is representing classical liberalism. Republicans have almost all lost their heads and lost their way. Don't get me started.

However, it's clear that Obama & Co are firmly in the Keynes camp. Note that this is extremely different from being a socialist. I'd argue that Keynes is incorrect and Obama's Keynesian policies have been a waste. I want a Hayek follower in government.
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Old 12-10-13, 03:34 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by JasonF View Post
The way the terms are used in America today, I believe Hayek would be consdiered a socialist and Keynes would be considered a Marxist.
That's because the people who use those terms are, for the most part, morons.

I might as well call Joseph Schumpeter a turnip and Thorstein Veblen a frontloading musket.
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Old 12-10-13, 03:40 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by wendersfan View Post
That's because the people who use those terms are, for the most part, morons.
Truff.
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Old 12-10-13, 03:45 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by wendersfan View Post
I might as well call Joseph Schumpeter a turnip and Thorstein Veblen a frontloading musket.
I would call this thread a "circlejerk"
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Old 12-10-13, 03:49 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by Tracer Bullet View Post
I would call this thread a "circlejerk"
The best kind of circlejerks are the ones where someone performs a nice Thorstein Veblen on my frontloading musket.

If they Schumpeter my turnip at the same time, I won't complain.
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Old 12-10-13, 03:53 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by majorjoe23 View Post
The best kind of circlejerks are the ones where someone performs a nice Thorstein Veblen on my frontloading musket.

If they Schumpeter my turnip at the same time, I won't complain.
Now that's a comedy rape video I'd watch!
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Old 12-10-13, 04:01 PM
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Re: The central political conflict of our time, neatly explained in a comedy rap vide

Originally Posted by dork View Post
Now that's a comedy rape video I'd watch!
Contract negotiations with Solid Snake have left the project in development hell.
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