Top 10 Capitalist Arguments: Libertarian Socialist Rants Debunked

A long overdue video response that I was meaning to get around to, on the top 10 capitalist arguments having debunked Libertarian Socialist Rants ludicrous arguments. For those who have been subscribed long enough will remember my previous arguments with himself, a very foul mouthed young boy with no real concept of the study of economics.Show more

In this video I briefly take apart his argument on socialism showing why he doesn't even understand his own ideology, never let alone pointing out the flaws in his arguments in his video. For those of you who would like to see Libertarian Socialist Rants original video on the top 10 capitalist arguments, you can check that out below.

Top Ten Capitalist Arguments
https://www.youtube.com/watch?v=pI6a7WySFsU&t=80s

You could run through a whole host of deeply flawed arguments in his video in a long-winded rant, but I thought I would cover briefly over the main parts. As you will find in Libertarian Socialist Rants video he conflates capitalism with the corporatism we live under today. I have covered in this video debunking his arguments on the regulation and risks and many other things relative to economic development and efficiency.

Again, you can learn about the economic calculation in both parts I provided before that explains why socialism is so inefficient and why there is no alternative to capitalism below.

Economic Calculation Problem: Profits and Losses Part 1:
https://www.youtube.com/watch?v=mVbbFVKWdhI

Economic Calculation Problem: Variety of Options Part 2:
https://www.youtube.com/watch?v=bFoqXD_o6Wc

I also covered before in a response to Libertarian Socialist Rants explaining why Libertarian Socialism is an oxymoron.

Libertarian Socialism—Collectivism and Individualism:
https://www.youtube.com/watch?v=rPxYY-FpKYA