Capitalist Mises Institute defends child labor

[ilaughatrightwingers]

Run time: 11:16 https://www.youtube.com/watch?v=Mtlp4ib2oNc   Posted on YouTube: October 26, 2010 By YouTube Member: MaoistRebelNews2 Views on YouTube: 27   Posted on DU: October 26, 2010 By DU Member: ilaughatrightwingers Views on DU: 957

 
I kid you not.

[TrollBuster9090]

1. Llew Rockwell's flying monkey squad

What most of the people who live on the mises.org blog site don't realize is that they're being duped by corporate welfare plutocrats. One of the ideals of a perfect free market system is that buyers would have accurate and complete information about the products they're buying, so they can assess their true value and let the collective market determine the price. (ie-a baker can only sell a loaf of bread for a price that's above market if the buyer doesn't KNOW there's another baker selling the same loaf of bread for less a block away. Or that the baker with the lower price is putting sawdust in the dough to stretch it.) Corporate welfarists have make a killing all through human history by obscuring the true value of the products they're trying to sell people. The stupid derivatives market being the ultimate example of that.

Even Milton Freidman said that one of the few useful things govt. can do is to enforce contracts between buyers and sellers to prevent fraud and maintain an honest market. But somehow the modern corporate machine has managed to convince an entire generation of libertarian stooges that govt. making regulations requiring honest disclosure from sellers is bad for the market place. It's actually one of the BEST POSSIBLE THINGS the govt. can do for the market place. Just like most of them don't realize the benefits of the free market as we now know them were only made possible after govt. brought in the federal trade commission and ANTI-TRUST, ANTI-MONOPOLY laws around the turn of the century. Before that it wasn't uncommon for entire cities and states to be under the thumb of big companies that had cornered the market on one service or another. But the govt. stepped in and FORCED competition.

[ilaughatrightwingers]

3. A youtuber made a video on EXACTLY what you're saying

http://www.youtube.com/watch?v=sRrBn1MKlCI

Very, very informative stuff.

[diamondheart]

2. Coming soon ....

.. indentured servitude, debtors prisons, and slavery.

Thought we got rid of all those things? Fat chance. They've existed for most of human history and guess who wants to bring them back?

[ilaughatrightwingers]

4. Mises is a cult

No doubt.

[heliarc]

5. Crypto-Fascists... fo sho. nt

[dhpgetsit]

7. Mises rhymes with Jesus.

Just saying....

[ilaughatrightwingers]

8. Oh man

They ARE a cult.

Any group that claims Karl Marx was a texan, that Noam Chomsky is a Mossad agent, or that the Federal Reserve is run by reptillians who are putting fluoride in your water to sterilize you doesn't deserve much respect, much less a cultish following.

[heliarc]

6. The guys at Mises really need to read some Jonathan Swift.

http://art-bin.com/art/omodest.html