So what went wrong in the Socialist Utopia of Venezuela ?

Rob Roy

Rob Roy

Well-Known Member
UncleBuck said:
what kind of moron pretends there's an "invisible hand" but decries the existence of a "social contract"?

oh, right.

it's the penny collecting, poverty stricken, trailer dwelling cuck who is raising some other redneck's kid.
Click to expand...

The "invisible hand" includes the cumulative actions and results of a myriad of individual choices etc.

The effect of it is apparent, to anybody with the ability to extrapolate information. However, because it isn't wielded like a club by centralized authority / control freak(s), who people like you give regular analingus to, it is often not recognized, understood or even "seen" by the economically illiterate.

An "invisible hand" is a figure of speech, that relates to correlation and causation . A mythical "social contract" is a rationalization that refers to a fraud and is in reality a euphemism to attempt to cleanse the use of force as an acceptable systemic process.

Now go clap the erasers dunce.
 
SneekyNinja

SneekyNinja

Well-Known Member
Rob Roy said:
The "invisible hand" includes the cumulative actions and results of a myriad of individual choices etc.

The effect of it is apparent, to anybody with the ability to extrapolate information. However, because it isn't wielded like a club by centralized authority / control freak(s), who people like you give regular analingus to, it is often not recognized, understood or even "seen" by the economically illiterate.

An "invisible hand" is a figure of speech, that relates to correlation and causation . A mythical "social contract" is a rationalization that refers to a fraud and is in reality a euphemism to attempt to cleanse the use of force as an acceptable systemic process.

Now go clap the erasers dunce.
Click to expand...
The "invisible hand" is a theory put forward by Smith in "The Wealth of Nations" in 1776 that an economy can balance itself if left with sufficient freedom.

However monopolies, lobbying and preferential treatment for the rich at the expense of the poor disrupt said invisible hand.

Pure lassaire faire capitalism like you regularly propose has no mechanism to prevent the above.

Why present an argument that goes against your core beliefs or do you just choose to ignore one part of the thesis because it doesn't suit you (like the religious do)?
 
twostrokenut

twostrokenut

Well-Known Member
Venezuelans are using bitcoin miners to capture non-governmental currency off the electrical subsidies and using the bitcoins to actually import food, medicine ect.........

Interesting.
 
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