COVID Pandemic Capitalism: Capitalism is NOT Corporatism Part 1

Out of this COVID pandemic we have had a lot of ignorance floating around not only trying to blame capitalism for the current crisis, but for the global economic crisis even on the leadup to the COVID pandemic. Capitalism is NOT corporatism.Show more

As I illustrate, MOST people do NOT understand what capitalism is. The sad part is, there have been numerous socialists who have ignorantly conceded to the fact capitalism is an individualist system. Even one woman of Aljazeera concedes what a capitalist system is about with prices self-regulating in a market. Individualism defines the free market, as I address, the definition is very clear, as follows:

_"A doctrine advocating freedom from government regulation in the pursuit of a person's economic goals."_

Therefore, to blame capitalism for what caused the boom and bust cycle is not only ignorance of fundamental basic economics, it is ignorance of history. Blaming capitalism for socialist government subsidies and central banks having control and power of counterfeit money, meanwhile, having stripped us of our free market money and using fractional reserve banking, as well as artificially reducing interest rates, it is crazy for anyone to claim that this is not only the fault of capitalism, but that we live under a capitalist system.

It is remarkable how many ignorant folk there are out there who not only purposely ignore the fact we live under a mixed economy and the presence of the public sector, but to contradict themselves to say they acknowledge that capitalism is individualist or that capitalism is about the market self-regulating. It's as ignorant as the erroneous claims we have heard in the past, the same lies claimed that the private sector is someone _"unfettered"_ and that the banking crisis was caused by deregulation, nothing could be farther from the truth.

Individualism is NOT about forcing society into a collective group to strip them of their individual rights and liberty, therefore, this is against everything a capitalist system stands for. These people deep down know this, the reason for why they will never admit to it is because they have an agenda to try and make capitalism look the fault so they can further their agenda of their erroneous evil ideology that has caused nothing but pain and suffering on the humanity of the past century and more.

Ask these ignoramuses how wars occur, how they start, you'll even find foolish people correlating the East India Trade Company with that of capitalism which illustrates the level of ignorance there is out there when it comes to the subject of economics. This should come of no real surprise, these are the same people who think they can control prices above or below market value and think it's about raising the minimum wage to keep up with inflation rather than trying to tackle the inflationary problem to begin with.

I have long argued, there is NO subject in world history that faces up to a greater deal of ignorance than that of the subject of economics. If people were serious about tackling such problems today and are genuine about it, they will acknowledge the fact we live under cronyism, again, capitalism is NOT corporatism and it is NOT the early stages of corporatism.

Intro: (0:00)
Disaster Capitalism: (03:44)
Socialist Agenda: (04:55)
A Concession: (07:03)
Globalist Agenda: (07:40)
Today's Economy: (08:44)
Fractional Reserve Banking: (10:15)
Healthcare Costs: (12:06)
Profits: (12:33)
Subsidisation: (16:15)
Call for Socialism: (17:24)
Solidarity Tax: (21:14)
Climate Agenda: (22:10)

MY SOCIAL MEDIA:
• Facebook: https://www.facebook.com/LibertarianViewsScottyM
• Parler: https://parler.com/#/user/LibertarianViewsScottyM
• Gab: https://gab.com/LibertarianScot
• Minds: https://www.minds.com/LibertarianScot/
• MeWe: https://mewe.com/i/scottmckelvie
• LBRY/Odysee: https://odysee.com/@LibertarianViewsScottyM:6
• Rumble: https://rumble.com/c/c-390494
• BitChute: https://www.bitchute.com/channel/egfCIS1DbaBM/