Yaron Debates: at Yale - Is Inequality Fair or Unfair?

A debate on inequality hosted by the Federalist Society at Yale Law School.
This debate was streamed live on Sep 27, 2017 by the Federalist Society at Yale Law School's Levinson Auditorium. The Yale Federalist Society presents "Is Inequality Fair?" -- a live streamed panel discussion and Q&A.
We’re told that the gap between the poor and the rich has widened. Many decry the “injustice” of income and wealth inequality. But is it actually a problem and are the proposed remedies truly just? What is a fair “distribution” of income and wealth?
Yaron Brook, executive chairman of the Ayn Rand Institute, argues that a genuinely laissez-faire capitalist society is, in fact, the only system of fairness, that is, justice. Distinguished Yale Law School Professor Daniel Markovits will join this discussion, which will then be opened up to questions from the audience.
Yaron Brook, Radical for Capitalism, discusses news, culture and politics from the principled perspective of Ayn Rand's philosophy, Objectivism. Yaron is the executive chairman of the Ayn Rand Institute. He is the coauthor of the national best-seller Free Market Revolution: How Ayn Rand’s Ideas Can End Big Government and Equal is Unfair: America's Misguided Fight Against Income Inequality. He is also a contributing author to both Neoconservatism: An Obituary for an Idea and Winning the Unwinnable War: America’s Self-Crippled Response to Islamic Totalitarianism. He speaks around the world on a variety of topics including the morality of capitalism, Ayn Rand and her philosophy, finance and economics, and the value of inequality.
Got Questions or hot topics you want to hear Yaron address? Email Yaron at AskYaron@YaronBrookShow.com. Continue the discussions anywhere on line using #YaronBrookShow. Connect with Yaron via Tweet @YaronBrook or follow him on Facebook @ybrook and KZread (/YaronBrook) where the Facebook Live videos of the BTR shows are now available for your viewing pleasure.
Want more? Tune in to the Yaron Brook Show on Blaze Radio at www.theblaze.com/radio-shows/t..., go to BlogTalkRadio (www.blogtalkradio.com/yaronbrook) or KZread ( / ybrook ) for on-demand shows.
Like what you hear? Support us at ari.aynrand.org/donate.

Пікірлер: 878

  • @cyou4638
    @cyou46386 жыл бұрын

    Coming from China and growing up in the 70th, I had a very good idea of how collectivism works, and how capitalism dramatically improved lives. Dr. Brook's words are just common sense to me, while Dr. Markovitz's words truly had chill run down my spines. People who have money should not be allowed to spending the money they earned on their children? Elite private schools should be forced by government to double their size and accepting children from lower income families? Students at the top schools are there by pure prestige regardless of their own intelligence and hard work? It is striking how those professors who lived whoely comfortably in their "academic" life, dwell seriously about those "moral" questions, but never started a business thus have no idea how difficult and risky it is to start and run a business, are so detached from reality. Professor is usually a word that illicit respect, but I'm now afraid to send my child to a school where professors like Dr. Markovitz teach.

  • @vam2276

    @vam2276

    6 жыл бұрын

    c you Totally agree with you.

  • @filyin

    @filyin

    5 жыл бұрын

    I could say the same out of my experience of living in the USSR - another country of so-called social security.

  • @michellec1866

    @michellec1866

    5 жыл бұрын

    c you same experience here, totally agree. Equality is driven by envy.

  • @hoohawateva6789

    @hoohawateva6789

    3 жыл бұрын

    Fedor Ilyin as someone who lived in the ussr, what do you think of 1. Life quality(food, healthcare) 2. Freedom of speech and criticism I lived in syria being ruled by one party “al Baath socialist party” and it was a living hell even before the war. But some socialists/communist tell me that all the bad things being told about ussr by western or “imperialist” media are lies. Even though they’re wildly consistent with the problems we had in syria prior to the war.

  • @legalfictionnaturalfact3969

    @legalfictionnaturalfact3969

    2 жыл бұрын

    brook is common sense until he says govt is necessary for freedom. what a fucking clown. XD

  • @djdedeo0
    @djdedeo06 жыл бұрын

    Yaron is the type of person we need out there speaking to the young adults. He's able to explain the benefits of capitalism in very simple terms. He's more concerned about getting the facts out in plain speak whereas this leftist Tale types seem more concerned about looking smart and appealing to emotion.

  • @VaShthestampede2

    @VaShthestampede2

    6 жыл бұрын

    Yaron and Jordan Peterson would be a power-duo.

  • @Soothsayer-rs5nb
    @Soothsayer-rs5nb6 жыл бұрын

    Markovitz is the definition of someone living in an ivory tower

  • @capoman1
    @capoman16 жыл бұрын

    Lol look at Yaron patiently biting his tongue and shaking his head while Markowitz spews common liberal claptrap.

  • @theresehammond6624

    @theresehammond6624

    3 жыл бұрын

    this is called lack of diplomacy and lack of good manners to respect another's opinion

  • @capoman1

    @capoman1

    3 жыл бұрын

    @@theresehammond6624 Well. Some opinions transcend this comment. For instance, if you are making a case that rape is ethical, I don't "respect that opinion," whatever it means to respect opinions that make illogical or unethical claims.

  • @theresehammond6624

    @theresehammond6624

    3 жыл бұрын

    @@capoman1 oh for goodness' sake... grow up

  • @capoman1

    @capoman1

    3 жыл бұрын

    @@theresehammond6624 ^You just added what to this conversation? Coulda said "grow a pair," literally When your interlocutor is straight full of shit and spouting all kinds of shit that goes against or ignores plain ethics, yeah the proper response is to be appalled. Ethics are to a leftist what gravity is to a flat earther.

  • @ddstar

    @ddstar

    3 жыл бұрын

    @@theresehammond6624 you got owned. shut your mouth. your philosophy on life sucks. you grow up.

  • @Nextlevel1100
    @Nextlevel11006 жыл бұрын

    "A society that values equality over freedom will end of with neither" - Milton Friedman. Marxovitz is just wrong.

  • @Soothsayer-rs5nb

    @Soothsayer-rs5nb

    6 жыл бұрын

    Ron Peterson Milton Friedman would mop the floor markovitz

  • @whitehorsemilitia

    @whitehorsemilitia

    6 жыл бұрын

    I like Franklin's Speech: "Any society that would give up a little liberty to gain a little security will deserve neither and lose both."

  • @Senecamarcus

    @Senecamarcus

    5 жыл бұрын

    Ron Peterson he has a video where he talks in depth about equality. Milton was godlike!

  • @lukenewt1683

    @lukenewt1683

    5 жыл бұрын

    I absolutely love Milton Friedman his mind is sorely missed.

  • @TheTektronik

    @TheTektronik

    4 жыл бұрын

    A society that puts freedom before equality will get a high degree of both.

  • @tomatobrush3283
    @tomatobrush32836 жыл бұрын

    Parents working hard to give their children a better life is not privilege. Privilege is when some authority gives a person an advantage over another.

  • @shinzanagi1149

    @shinzanagi1149

    5 жыл бұрын

    @@Undurkhaan "Taking care of" doesn't mean spoiling, it means doing what is best for your child. Spoiling is giving in to your child's every need. If parents want to spend their hard worked money on a $243 000 car then who are you to stop them? It's their money so yea there is no problem with it.

  • @s.l.george7348

    @s.l.george7348

    3 жыл бұрын

    EXACTLY! Perfectly said!!!

  • @TheSBhatty

    @TheSBhatty

    2 жыл бұрын

    I suppose the privilege in this regard is how you can essentially buy your way into top elite universities and colleges which is something the average joe cannot afford to do. A rich billionaire can decide to 'donate' an entire library to a college so their kids get into that university. That is privilege. Ever heard of Operation Varisty Blues? that was privilege at its finest.

  • @jackthebasenji1
    @jackthebasenji16 жыл бұрын

    We the middle are struggling because of this Yale Professor's, "Fairness". Just stop stealing my money and let me decide what to do with it.

  • @magusworks

    @magusworks

    6 жыл бұрын

    jackthebasenjicooks the problem is making it fair by giving financial aid to the ones that can't afford college are increasing the cost overall of tuition since the institutions are seeing uncle Sam's handout via FAFSA they will increase the cost because they know it will be paid regardless whether or not the graduate can pay for it afterwards

  • @magusworks

    @magusworks

    6 жыл бұрын

    And also the government programs snap utility assistance electric gas oil it takes the taxes out of the middle class and then it goes to the companies the companies win the poverty loses but benefits for having food heat and electric looking why welfare is horrible. Alot of times it does help people but alot of it is abuse because ur too dam lazy to get off ur ass pull ur pants up get the boots to go get a job. Because of the free income they are getting

  • @generaLRager

    @generaLRager

    6 жыл бұрын

    I'm making 15k a year, I'm on minimum wage, I don't have benefits, I have no debt, no dependencies and i own my own home. A nice 3 Bedroom House, and i have free money at the end of each money to spend or save as i choose. Remind me again where the struggle is? Most people in the UK can get a job that's Minimum Wage, and they too can have the above just like me. The difference? .. choices. I've made good choices, I've not made bad ones, in terms of financial choices. People need to learn the value of money, i know my limits, i don't spend what i don't have. If i want higher education i would pay for it, because it will make me a better employment option for companies and would mean i get paid more than Minimum Wage. No one owes me anything, no one owes anyone anything. You owe yourself.

  • @AcidicMentality

    @AcidicMentality

    6 жыл бұрын

    +generaLRager Congrats dude! You worked hard, you made smart choices, and you deserve everything you made for yourself.

  • @brettm7162

    @brettm7162

    6 жыл бұрын

    General you are so right, I think the issue is ignorance! We have ability but we are blind to the opportunities in front of us, and we make the worst choices that affect our financial future. Congrats on your acomplishments! i hope to do the same very soon

  • @Shozb0t
    @Shozb0t6 жыл бұрын

    "I believe that education is training for citizenship." That set off a huge alarm bell in my head. I got a chill down my spine when he said that. Super creepy.

  • @capoman1

    @capoman1

    6 жыл бұрын

    I disagree with Markowitz's ideology. But the basic idea of education is to make a person a productive person within society; aka create a productive citizen that can thrive and contribute to society.

  • @Shozb0t

    @Shozb0t

    6 жыл бұрын

    capoman1, I disagree. The purpose of education is not to create productive citizens. The primary purpose is to teach children how to think. If a school teaches students how to be productive, then they will be productive -- in exactly the way that you present it. You should teach about the history of production and industry, but make it clear that the methods and ideas of the past aren't set in stone. If you want people to be more innovative, then leave the particulars of productivity to the job market. Teachers can't teach us the future, only the past and present. And please don't consider the purpose of a citizen to "contribute to society." A person's purpose is to be happy. Contributing to society (by creating products and services that people want) is just a means that people use to achieve that end. Achievement is a wonderful thing, especially for the achiever.

  • @capoman1

    @capoman1

    6 жыл бұрын

    +Shozbot: _The primary purpose is to teach children how to think._ I am with you. I agree that education is to teach people to think. *But to what end?* Obviously the public was interested in improving society; not just a goal-less endeavor to create people with critical thinking skills; there must be some end in mind. Just as the goal of lifting weights is to be stronger and more fit, and when the police force mandates that all police officers lift weights, it is not with the individual officer's fitness in mind, they want a stronger and more able police force. Society wants a more mentally fit and able populace; aka contributions to society; that is the end goal IMO. Also, if education is just for critical thinking, then logic would be a course of US schools; it is not. The Greeks taught logic, but the US does not. And if critical thinking is the goal, why all the teaching of history and facts? Facts do not require thought, only memory. It is because people want others to be knowledgeable of the past and to have a well rounded set of knowledge that lets them fit in and have discussions with others in society. So even the basic curriculum disagrees with "merely for critical thinking skills, to serve the individual not society." Furthermore, *YOU AND I WANT critical thinking to be the goal of education,* but it is evident that it is hardly so and that few schools or curriculums actually pursue or achieve critical thinking objectives for the kids. The US education system is modeled after the Prussian system of education; we even kept the name that Prussians used. The Prussian model was not to create geniuses, it was to create loyal citizens that could perform well in the workplace. You can research this if you don't believe me. John Dewey was a huge advocate of the Prussian model of education. _And please don't consider the purpose of a citizen to "contribute to society..._ Don't worry, I don't. I am an anarcho capitalist; I don't believe in collectivism or society. I think that there are individuals, and the individual is the most important thing; society be damned. I also don't believe there is a purpose of life. Your purpose is for you to decide. I agree that happiness is the ultimate end for every individual, and there is no higher goal than happiness, and that happiness is the rock bottom of all human purposes. If you ask me why I lift weights, I'll tell you that it is to look good, to be strong, and to feel good. If you ask me why I want those things, I will answer that it is because these things make me happy. If you ask me why I want to be happy, there are no more answers, happiness is the end of the line of questioning. So I agree with you that happiness is the ultimate objective of most all individuals and that happiness requires no philosophical justification.

  • @zippy8055

    @zippy8055

    6 жыл бұрын

    What if you fail the training?

  • @Shozb0t

    @Shozb0t

    6 жыл бұрын

    "I agree that education is to teach people to think. But to what end?" I am referring to an ideal educational system which doesn't exist yet. But that is the end--of education. What a person does after they receive an education is anybody's guess. "And if critical thinking is the goal, why all the teaching of history and facts?" It would be very difficult to teach children to think without the use of history and facts. A is A. You say you are an anarchocapitalist. That is a reactionary perspective. "The government which governs best is the one that governs least, and the one that governs least is the one that governs not at all." The reason you believe that is because you haven't been exposed to a feasible alternative. Just read Ayn Rand and you'll be back on track, eventually. I've read L. Neil Smith (very interesting stuff), I know what you're thinking. "and that happiness requires no philosophical justification." But happiness definitely requires philosophical examination.

  • @WillKriski
    @WillKriski6 жыл бұрын

    Scary the envy from Markovitz, and who would decide what is meaningful work. I guess that would be 'society' or what's best for the common good decided by perhaps a dictator, yikes.

  • @pollp1337

    @pollp1337

    6 жыл бұрын

    Couldn't stop to wonder how you make work meaningful when it's created with the sole intention of being meaningful work. Like, you can't create a need for work out of pure will. And if there's no need for labour there's no meaning to doing the labour. Fixing a road that no one ever uses just because some one have decided that "you deserve meningful work" isn't meaningful to anyone.

  • @lokinya

    @lokinya

    6 жыл бұрын

    "Meaningful work" pff.. I make interior for yachts and furniture for people with amounts of money on their bank accounts that I will never have... pure luxury for people who may be smarter or lazy bastards with a knack of rigging the system. I don't care who the customer is, but in the end I can afford to buy some luxury of my own. It's what I love and take pride in and would not ever change. Without rich people to use my services I would be without a job. Is it meaningful? I don't think so, maybe only for me and my customer, but I can afford to enjoy relaxing in front of my new 60" tv in the evening. You want equality? Let's imagine that. I'll be hammering some nails in plywood for "equal" people to sit their asses on at their tasteless melamine soviet dinner table. Day in and day out doing the same damn factory job, since there is no one to buy unique bespoke furniture. At the end of the day I'd come home to my concrete box, watch some black and white propaganda, eat some basic food and prepare for the the next day to drive in my Lada or Trabant to my braincell killing job. Happy days. -_-

  • @DaveWard-xc7vd

    @DaveWard-xc7vd

    6 жыл бұрын

    Will Kriski Your employer defines meaningful work as to it's contribution to his or her bottom line. No employer should be forced to pay more for your efforts than they expect to receive as a benefit from those efforts. Abolishing the minimum wage would open up the labor markets to low or no skilled workers.

  • @whitehorsemilitia

    @whitehorsemilitia

    6 жыл бұрын

    I don't like terms such as "Common Good" and "Collective Good" because that to me signifies that an individual has no rights to decide for themselves because the Collective has the power to control you. Such terms terrify me more than some Business Monopoly controlling one sector of a market.

  • @bobpeckham2213

    @bobpeckham2213

    5 жыл бұрын

    Absolutely correct Will! Governments of the Socialist kind always fail and always turn the populance into serfs condemned to a life a state servitude and usually a lingering hopeless usually alcoholic death! It always fails is failing today and will always fail!

  • @dan18lynch
    @dan18lynch6 жыл бұрын

    To quote Ben Shapiro - "You have to be highly educated to be this stupid." Markovits comes off smug and it would appear he is the type of person that, while driving, doesn't roll the window down and turns up the heat when he passes gas.

  • @mikeashe9859
    @mikeashe98596 жыл бұрын

    Markovits starts off talking about a pot of gold that is found or a going and picking up a pot of gold yourself... those are the same thing. Neither addresses who made the pot, who obtained the gold, who put it in the pot, who put the pot there. A view of wealth as found rather than made is the problem. From a fundamentally faulty premise only faulty conclusions will be found. ...He just said reducing the teacher student ratio improves educational outcomes leveling the playing field by doing what private schools do then less than 30 seconds later advocated "requiring" class sizes in private institutions to double their class sizes. He is literally advocating bringing everyone down to make them equal instead of trying to raise them up.

  • @TheJohmac

    @TheJohmac

    6 жыл бұрын

    Mike Ashe I think he wants the government to lead him to someone else's pot of gold.

  • @rajbaj

    @rajbaj

    6 жыл бұрын

    That is the fundamental thought of Marxist, aka Communists, aka Socialists. They strive to achieve this unnatural concept of income equality not by making the poor richer, but instead by making the rich poorer. So now everyone is miserable and living in relative poverty. They don't like the poor, they simply hate the rich. Big difference.

  • @borisreitman

    @borisreitman

    6 жыл бұрын

    If someone led you to a pot of gold, and let you pick it up, it means it was in his interest to do so, and he, by doing that, achieved something of an equal or greater value to himself. This is the model of Kickstarter.

  • @skaruts

    @skaruts

    6 жыл бұрын

    To be fair, and I can't remember the timeframe where he said that so I can't confirm, but as I remember having understood it, he was differentiating between you going and finding the pot of gold yourself, or being led to the pot of gold by someone else.

  • @borisreitman

    @borisreitman

    6 жыл бұрын

    And the implication is that in the second case, the found gold is not deserved. And the metaphor is to reference "you didn't build that" -- that if you achieve something good, but did not start from scratch, then it has no value and you don't deserve it. That's just wrong. Continuing the work of others, "standing on the shoulders of giants", is the only way in which civilization advances. And those who advance it, deserve praise.

  • @TheNameIwantedWasTkn
    @TheNameIwantedWasTkn6 жыл бұрын

    everything about Markovits just screams "i've read books on this but i've never actually applied what they say in the real world".

  • @lockerius4208

    @lockerius4208

    3 жыл бұрын

    Well he's an ivy league professor, so you'd be right.

  • @capoman1
    @capoman16 жыл бұрын

    21:50 _The person that finds the pot of gold deserves it, the person that is led to the pot of gold and merely picks it up does not deserve it..._ This makes no sense. If I groom my child to become a doctor, teach him anatomy and biology all his life, *Markowitz is saying that my actions as a father make my son UNDESERVING of his position or pay as a doctor.* Or if my grandfather worked his butt off to create wealth for his children, and now I can afford to send my son to med school, then my son does not deserve, and is less deserving than another child that has to pay his own way through med school. Markowitz's "he doesn't deserve it" ideology has so many strange implications. Does a good looking guy deserve the women he attracts? Does a tall man deserve the fame he achieves because he can dunk a basketball? Does the beautiful woman deserve her pay as a model? *Markowitz FIRST ASSUMES THAT COLLECTIVISM IS LEGITIMATE and that others can declare you undeserving.* I disagree. IMO the market is the only variable in determining my pay, not outsider's opinion on "how deserving I am." I don't consider whether people "deserve" what they get. For example, you may think that a football player is overpayed and undeserving and that school teachers deserve his pay more than he does. I instead just consider a market. People value things, and that determines prices, for instance the price of labor for a starting quarterback in the NFL. "Deserving" does not enter the picture in this model.

  • @liamcoau

    @liamcoau

    6 жыл бұрын

    capoman1 I think this is pretty spot on. I was also thinking in the vein of "just because your parents paid for good education doesn't mean you aren't producing the same value for society". I was a bit disappointed that Yaron's response didn't seem very strong after that and I think it was a missed opportunity. Heading into the Q&A portion now, it feels like Markowitz 'won' the first portion

  • @joe2125

    @joe2125

    6 жыл бұрын

    the market is the only way to determine who deserves what because it does not care what color, sex, ethnicity you are, or class you come from. It only cares about what you provide to the rest of the market. its a super computer. it factors in the entire societies beliefs and nature and is a result of agreement and not coercion. Id rather a supercomputer that factors in all 300 million americans needs and desires as a society dictating who deserves what rather than an old bald dude who unnecessarily brings a briefcase on stage to make himself appear more intelligent. its the core element that these collectivists dont grasp. in order to install their policies they need a small group of people making decisions for everyone else. the market organically makes these decisions based on the input of every person in the society

  • @rajbaj

    @rajbaj

    6 жыл бұрын

    Couldn't have said it better myself.

  • @cparksaffluent

    @cparksaffluent

    6 жыл бұрын

    Good shit 👍🏾

  • @MrMJpilot
    @MrMJpilot4 жыл бұрын

    Beware of people who talk of the “public good”.

  • @ericguynga

    @ericguynga

    3 жыл бұрын

    Right. They claim to care about the "public" while every policy they propose requires a government gun to be pointed at the "public". The cognitive dissonance would be hilarious if it weren't so sad.

  • @TeaParty1776

    @TeaParty1776

    2 жыл бұрын

    @@ericguynga The public is everyone except you.

  • @leighharwood916

    @leighharwood916

    2 жыл бұрын

    Precisely, there is no public good in reality. There are only people with opinions.

  • @Storabrost
    @Storabrost6 жыл бұрын

    I command you Yaron for your politeness and patience when Markovits spoke. I bet what he was saying was very offending and triggering for you :)

  • @Soothsayer-rs5nb
    @Soothsayer-rs5nb6 жыл бұрын

    I saw professor markovitz riding a unicorn on a rainbow yesterday. He looked so happy

  • @mwesigeJoramfreedom
    @mwesigeJoramfreedom2 жыл бұрын

    From Africa, uganda I learn the great work of Brook, amazing!! Libertarian we go!!

  • @FutureSapien
    @FutureSapien6 жыл бұрын

    Markovits appears to be very resentful of wealthy people, regardless of the facts. I'm not sure he realises that he's condemning the moral intent of providing for one's children; a frightening thought.

  • @ragnardanneskjold7259

    @ragnardanneskjold7259

    6 жыл бұрын

    Regan Brewer Agreed. If you leave money for your children to inherit then you've just ensured they don't start out in poverty. Isn't that the goal? To elevate people out of poverty?

  • @TRUTHandLIGHT4809

    @TRUTHandLIGHT4809

    6 жыл бұрын

    Markovitz--hates freedom. He says it is not fair when a family works hard and then has children, then gives them all they can. SOMEHOW, that is not fair? This is why we can't let these crazy people force SOCIALISM.

  • @YaronBrook

    @YaronBrook

    5 жыл бұрын

    Appreciate you watching the video Regan!

  • @cherryandivy

    @cherryandivy

    5 жыл бұрын

    Amazing that he resents wealthy people. A Harvard professor receives a pretty hefty salary.

  • @mrman3176
    @mrman31766 жыл бұрын

    Yaron: Examples grounded in reality. Cue Ball: The rich are bad! Fuck your kids. Seriously. Meritocracy is the only way. I wonder if cue ball ever had an actual laborious job...

  • @BuyTheDip627

    @BuyTheDip627

    6 жыл бұрын

    Loool i doubt it. He's constantly pushing class warfare and racial polarization. Yaron, on the other hand, articulates his points very well.

  • @Nelapidae
    @Nelapidae6 жыл бұрын

    What an awesome opening argument by Yaron Brook!

  • @Zorn101
    @Zorn1016 жыл бұрын

    I am not a Yale professor like Daniel Markovits. So to make things fair he should give me his job and pay for a few years. He is not a fair man!

  • @jomgelborn
    @jomgelborn6 жыл бұрын

    Yaron crushes his opponent once again.

  • @BuyTheDip627

    @BuyTheDip627

    6 жыл бұрын

    Precisely

  • @Andrew4Handel

    @Andrew4Handel

    5 жыл бұрын

    No he did not. How deluded can you people be?

  • @pottingsoil

    @pottingsoil

    5 жыл бұрын

    Andrew4Handel What was Dr. Brooks wrong about that his opponent bested him on?

  • @christianhinojosa848

    @christianhinojosa848

    4 жыл бұрын

    @@Andrew4Handel make an argument

  • @stevied3400

    @stevied3400

    3 жыл бұрын

    @Mixed Economy “More people succeeding” is not a good reason to violate rights.

  • @kobalt63
    @kobalt636 жыл бұрын

    “Human beings are born with different capacities. If they are free, they are not equal. And if they are equal, they are not free.” ― Aleksandr Solzhenitsyn

  • @TheActionj864
    @TheActionj8646 жыл бұрын

    "A thoughtfully managed mixed economy that serves the common good." Gee where have I heard something like this before???

  • @myhipsi

    @myhipsi

    6 жыл бұрын

    Yeah, right after he said he doesn't believe in central planning! "Thoughtfully managed" is the very definition of central planning.

  • @dominic150

    @dominic150

    6 жыл бұрын

    myhipsi You just pointed out the central Hypocrisy of these people. They are “too smart” to understand that they don’t know what they’re talking about

  • @opinionatedape5895

    @opinionatedape5895

    5 жыл бұрын

    Whoa whoa no one's talking about communism. I'm talking about a managed mixed economy with redistribution for the common good. We don't want the means of production just the outcomes of production.

  • @quixoticindiscipline9524

    @quixoticindiscipline9524

    4 жыл бұрын

    In the term Social Democracy perhaps? You know, the system that's used by the Nordic countries, who rank top 3 in best places to live in.

  • @Vallaque

    @Vallaque

    4 жыл бұрын

    @@quixoticindiscipline9524, The Nordic countries have about the same level of economic freedom as the United States. They are among the freest economies in the world. www.heritage.org/index/ranking

  • @spiral9316
    @spiral93166 жыл бұрын

    wow yaron, you are getting even better. thank-you

  • @jpbbta
    @jpbbta6 жыл бұрын

    It was a pleasure to listen to a thoughtful discussion on a college campus without the interruptions we so often see.

  • @opinionatedape5895
    @opinionatedape58955 жыл бұрын

    To paraphrase, "If I were dictator I could build a better society."

  • @lockerius4208

    @lockerius4208

    3 жыл бұрын

    It wasn't a REAL dictatorship!

  • @TeaParty1776

    @TeaParty1776

    2 жыл бұрын

    @@lockerius4208 And when many powerlusters want to be dictator?

  • @WillKriski
    @WillKriski6 жыл бұрын

    You don't have to go to Yale to be successful. My parents and siblings didn't go to university. I got into University of Waterloo and Calgary from my academic record. But anyone can learn to code online for free and have a great career. Some people whine about others and some focus on their own efforts.

  • @nipnipnip7508

    @nipnipnip7508

    6 жыл бұрын

    juscurious but if one was interested in helping the poor then the focus would be on providing the education that would teach them the skills to earn a good living. if ones focus was unhappiness that some people are doing really well then the focus might be on where the top judges went to school or where the top 1% of the top 1% acquired their welth. On what are we focusing? What is it that really motivates us? Are we really acting from a place of concern for the poor or just a sense of unhappiness that we are not at the top? If your focus is on the top 1% for any length of time you can be sure you're not interested in helping the poor.

  • @DiabeticDawg

    @DiabeticDawg

    3 жыл бұрын

    Ayeee Calgary, good man!

  • @smashedhulk8492
    @smashedhulk84926 жыл бұрын

    Had to just skip Markovits after his first statement period. But you can tell the crowds lean on his ideaology with their applause. Standard fare.

  • @pixelbath2131

    @pixelbath2131

    6 жыл бұрын

    cos u didnt understand his arguments i guage? hyperbole and false dichotomies do sound like better arguments to those who know none of the nuance

  • @pho954
    @pho9546 жыл бұрын

    Education needs to be enforced at home. Parents need to get involved and emphasize the importance of education.

  • @vam2276

    @vam2276

    6 жыл бұрын

    Paul Ho Yes!!!!

  • @HarjapUppalled
    @HarjapUppalled6 жыл бұрын

    "You don't deserve it, it's true you worked for it but you don't deserve it" ........ this guy

  • @Raelspark
    @Raelspark5 жыл бұрын

    The bald guy actually said the people do not Deserve what they Create...

  • @lockerius4208

    @lockerius4208

    3 жыл бұрын

    "YOU DIDN'T BUILD THAT!" - some really awful former president

  • @joalri24
    @joalri245 жыл бұрын

    wow, at first I thought Yaron was unnecesarly rude when he didn't shake the other guy's hand, but after hearing "people don't deserve what they have created" I wouldn't want to touch that parasite either.

  • @CptChandler
    @CptChandler6 жыл бұрын

    Maybe I’m biased, but Markovits just sounded really smug to me.

  • @SuperKpill

    @SuperKpill

    3 жыл бұрын

    He’s very smug. He was on Sam Harris’s podcast not too long ago and sounded just as arrogant.

  • @capoman1
    @capoman16 жыл бұрын

    51:30 Markowitz _Education is really hard, the reason it's so expensive to do education well is because education is intensive..._ Yet Yaron *just gave the example* of Chicago students paying $15k per year and getting garbage education. That is enough money to provide education for 10 students in a free market education system. Get govt out of education, remove the legal barriers to education that prevent innovation and competition and thus price decreases; we will then see education models on an innovation scale of that of the iPhone. Who of you imagined the iPhone prior to its existence? How many of you think that we could task the govt with creating a product equivalent to the iPhone? How many of you think that the govt has ever created something so innovative that your jaw dropped?

  • @Strange9952
    @Strange99526 жыл бұрын

    I grew up an only child, and constantly had things taken away from me, rather than spoiled, my parents didn't tell me I was special, but acted as if I was any other person, and that success comes from doing and taking personal responsibility. I imagine people who believe in equality of outcome are those who are jealous of those who have something and don't see that they can get it if they try, because as children, they were spoiled and given everything and not taught the value of personal responsibility.

  • @Howtragicforyou
    @Howtragicforyou3 жыл бұрын

    I love how his solution is the same as every other top down economic solution except this time HIS is the right one. I hate to break it to Markovits but we’ve heard his tune before. Namely from the people who put us in this mess in the first place

  • @romanp2520
    @romanp25206 жыл бұрын

    "The middle class was created intentionally by government policy..." Did they also create the lower and upper classes, Professor Markovitz?

  • @xXJeReMiAhXx99

    @xXJeReMiAhXx99

    6 жыл бұрын

    no, governments create only the good stuff through wise government policy.

  • @Orf

    @Orf

    5 жыл бұрын

    Actually unions and government did create a middle class. I recommend studying some American labor history. Businesses would still be using child labor and paying you 2 cents an hour if not for the labor movement.

  • @douglaspage2398
    @douglaspage23986 жыл бұрын

    "Nobody is talking about central planning....collective ownership of key industries, I'm talking about a thoughtfully managed mixed economy." So who is "thoughtfully managing" it ? "Government," a government agency? a selected bureaucracy of "experts"? Uh, that is the very definition of central planning, just given a dressed up name that means exactly the same thing, and if it is mixed, then that has to contain both privately owned, and collectively owned key industries, So that too, yes, you are talking about collective control of key industries, and by your own admission, just not every industry. Your contradictory statement is what used to be called speaking with a forked tongue. And is indicative of the character of the creature that voiced it. Also, there are numerous studies, I mean study after study that show a negative correlation between increased classroom hours and school performance, as well as increased homework and performance, and of course, the leftist wants the schools to be political, ans insists that it will only work if they adopt the political social model of post modern neo-marxism. In other words, it willonly work if everyone is forced to participate. That is not freedom, nor is it democracy, that is authoritarian tyranny. which means more time on indoctrination, and less on education, which is exactly what is killing our education system at this very moment. Furthermore, doubling class size is not reducing the student teacher ratio, it is increasing it. so you cannot do both. this again is double talk then there is subsidizing education education for the middle class, and wage subsidies for middle class workers, That is not equal treatment under the law. By the very definition, you have divided society into classes, not eliminated them, and in doing so, have created at least two different legal standards by which to deal them. This is how Nazi Germany, Fascisti Italy, The Soviet Union, and every murderous regime granted rights to some, while denying them to others, an history has shown the inevitable conclusion of that strategy. As for the lefty's assertion, that a free market is the method of keeping the poor in poverty. Compare te soviet Union to the US. How many Soviet citizens could afford a car? even if the government could provide enough, and grant them for permission to own one (that's right, the Soviet government decided if you needed a car), then take a look at the cars that were available. How often do you heard of any Soviet car being a sought after commodity? Even in Russia, how many people do you see aspiring to own a Russian car, instead of a Mercedes, or a BMW, or even a Hyindai or Kia? the Ladas, Volgas, Moskvichs and Zazs are always the last choice. This lefty is a complete authoritarian Marxist. Had enough , couldn't sit through another minute of Markovits' ignorance. Shut it off after Brooks' final statement. Markovits' is absolutely clueless about even the very basic economic principles. I may not be rich, or have a PhD, but I worked my way up from nothing, not even a high school education (I quit school when my father was disabled to provide for my family). and still rose up through the ranks, to exactly where I wanted to be, happy and comfortable, and without help from a nanny state. If fact, It was more despite the efforts government to decide what was best for me. I rose higher than many of my friends who spent tens of thousands of dollars getting educated by empty suits who preach Marxism and the injustice of the income gap, while collecting massive salaries themselves, not only that, but I went back to school, and for 3 years, held a 4.0 GPA, and despite a stroke in my last year, still finished with a 3.95. Even so, at entry, was intelligent enough to literally stump and befuddle these neo-marxists by simply considering their dogma, finding the flaw in their logic, or the falsehoods in their assertions, and asking the questions that lead them to it. /that is not bragging about my ability, it is pointing out their level of ignorance, that an uneducated working stiff entering their classroom with only a 10th grade education can destroy their logic, and have the whole class laughing at them. I can tell you from both personal experience, and from intensive study, that the assertions that Markowitz is regurgitating, are nothing more than binary, us vs them, socialist authoritarian dogma, with no basis in historical fact, scientific research, or reality.

  • @Are1i
    @Are1i6 жыл бұрын

    Markovits has a slimy way of debating. These are complicated issues, but still I think Markovits was evading more than Yaron (of course I am leaning to Yaron's side on this). Markovits didn't go head in for the arguments that was presented, but just kind of told some preliminaries around the subjects. It was hard to grasp what was the exact points he was trying to make were. Comparing to Yaron who was crystal clear with his arguments (although maybe I am familiarity biased here as well).

  • @stealingfire5036

    @stealingfire5036

    6 жыл бұрын

    My thoughts exactly.

  • @BuyTheDip627

    @BuyTheDip627

    6 жыл бұрын

    These are not convoluted issues! And, I am infuriated when I keep hearing this clown reiterating that they are. I really like Yaron. He's very lucid with this arguments.

  • @DaveWard-xc7vd
    @DaveWard-xc7vd6 жыл бұрын

    THIS IS THE 21ST CENTURY! EDUCATION HAS NEVER BEEN EASIER. EDUCATION HAS NEVER BEEN CHEAPER. What is needed is a restructuring of education. Privatize education. No more government schools. Privatised education could take the form of stick and brick institutions or it could be delivered over the internet. Testing should be made available that would measure a persons life knowledge and allow them to receive a proficiency rating. Example. I'm not a plumber. I go take a test to assess my knowledge of plumbing and I receive an assessment of my knowledge of plumbing. I might score as a knowledgeable homeowner. I might score at an apprentice level. The point is that I could then take that test result and apply for a job as a plumber's helper. The plumber would have some idea of my skill level. People should be paid to the level of their productivity.

  • @charltonblake9967

    @charltonblake9967

    6 жыл бұрын

    Furrowed Brow I love your comment

  • @glanemann
    @glanemann6 жыл бұрын

    Lie lie lie on poverty level, if you look at poverty, it was decreasing way before the war on poverty started in the 60's. If it flat lined, then that means they are delaying the decline of poverty.

  • @andrewf4623
    @andrewf46234 жыл бұрын

    it’s nice to hear a civilised right vs left debate and actually get to listen closely to both sets of ideas.

  • @googletaqiyya184
    @googletaqiyya1846 жыл бұрын

    The current gap is vastly the fault of the government being manipulated immorally, not the free market. The government is not the solution, it is the problem.

  • @FriendlyNeighborhoodSnyderMan
    @FriendlyNeighborhoodSnyderMan6 жыл бұрын

    Markovitz really has a way of telling people just to not shoot for the stars, but that they are bad for wanting to and should strive fr mediocrity...F that guy

  • @jpcolorado6593
    @jpcolorado65935 жыл бұрын

    Great debate! Love when two brilliant minds can come together and have a rational intellectual conversation. What a polarity between individualism and collectivism here.

  • @sherlockholmes4769
    @sherlockholmes47692 жыл бұрын

    "Free markets are the technique of coercion that the government is using." I guess he could have said, freedom is the technique the government uses to ensure it keeps getting support from the people who are benefiting from said freedom....

  • @BlackFaceTrudeau
    @BlackFaceTrudeau3 жыл бұрын

    It will always be next to impossible to debate someone who’s "morally right". Morality as no boundaries, no frontiers, where as reason is somewhat contained in the realm of logic. For some people (too many) Markovitz’s arguments seem to be more attractive, of course, but Dr. Brook’s arguments are really what would be best for the greater good although harder to achieve in the society we live in.

  • @garrettgarcia2592
    @garrettgarcia25926 жыл бұрын

    Someday they'll get your name right

  • @winmine0327

    @winmine0327

    6 жыл бұрын

    The same day YB gets JK Rowling's name right XD

  • @ThePointintheheart

    @ThePointintheheart

    6 жыл бұрын

    ירון ברוק‎‎

  • @bma051000

    @bma051000

    6 жыл бұрын

    Someday they'll get Rand's name right.

  • @skaruts
    @skaruts6 жыл бұрын

    Funny to hear that guy Markovits saying _"the question... is a hard question"_ right after listening to Yaron steamrolling the questions in like two minutes.

  • @billmelater6470
    @billmelater64705 жыл бұрын

    "I believe government has a very powerful role in education, for 2 reasons. One is ideological . . . I believe that education is training for citizenship, not just for private life, and government provides that." - Daniel Markovits Wow. This gets into very dangerous territory and is completely and utterly antithetical to individual liberty. He and others that say this do so with the assumption that the State is and will be how THEY see it and that they have the moral responsibility to force that view on others for "their own good". What I think those that think this way ignore is that government is not devoid of ideology anymore than it is some immanently caring and empathetic entity, and you are not always in control of that ideology. You may refer to the 20th century for examples (as a start).

  • @MrRonV
    @MrRonV6 жыл бұрын

    Regarding those closing remarks: As a (half) German, we do have a fading middle class and our companies tend to hire more and more specialists. The reason we had a lot of "middle class" jobs is that our labour market is structured differently than in most other countries. As an addition to universities (Bachelor's & Master's degrees) and unskilled or shortly trained jobs (half a year or less), we also have apprenticeships. Professions can be learned during the 2 - 3,5 years of an apprenticeship, which are a kind of middle ground between no further education and a Bachelor's degree. Up until a few years ago we didn't have the Bachelor/Master system at unis, we had a diploma taking 4,5 to 6 years to complete. Nowadays unis have become way more accessible, a bachelor's degree takes as much time as an apprenticeship - therefore more people study and our middle class fades. In Germany we speak of a "pair of scissors" regarding rich and poor people and that gap has been increasing for years. So those closing remarks of Prof. Markovits are not quite correct. I could go on about our education system and more, but I'm not sure anybody's still reading this. On a more general note, thank you for uploading this video, it was thought-provoking and interesting on many levels.

  • @ael3377

    @ael3377

    6 жыл бұрын

    I am German and I can confirm the previous statement. Also in Germany people complain about the increasing social gap and a fading middle class. We have a huge low wage sector thanks to the reforms of the labour government (SPD) in the early 2000s which led to the fantastic economic growth, however, the working class does not really benefit from it.

  • @LiftingHard1989
    @LiftingHard19896 жыл бұрын

    Bizarre how parents and grandparents having made good life choices and decisions which lead to their children having a easier time to also make these good decisions and follow in their wise footsteps is looked down upon and demonized as undeserved privilege and used as a weapon by those who themselves haven't made good decisions to make sure their offspring is given every opportunity in the world.

  • @mitchstacey34
    @mitchstacey343 жыл бұрын

    This was like watching Hulk Hogan repeatedly beat a quadriplegic over the head with a steel chair.

  • @skaruts
    @skaruts6 жыл бұрын

    I'd like to add to Yaron's final thoughts, two notions: the value of things is intrinsically related to the amount of effort we put into achieving them, and the more difficult a challenge, the more satisfying it is to overcome it. With those two notions in mind, when you're given things on a golden plate, they won't ever have more than a trivial momentary value to you, while if you earn them through your own effort and merit, they'll become your own achievements and victories (big and small), that you'll remember (and maybe be remembered for), and your life will be all the more satisfying and fulfilling to live. Also, no one was ever successful without a lot of effort either, and success is not measured in money.

  • @nipnipnip7508
    @nipnipnip75086 жыл бұрын

    Have you noticed how every great economist/thinker/philosopher always brings it back to the individual and talks about the importance of freedom. And every shity thinking always talks about how other people (the collective, the group, society) SHOULD behave. Power vs Force

  • @atkgrl

    @atkgrl

    6 жыл бұрын

    Truth vs fantasy, work vs handout, self respect vs victimization, education vs ignorant

  • @craigdougan8484
    @craigdougan84846 жыл бұрын

    Where'd you get the ingredients for your pie? "If you wish to make an apple pie from scratch, you must first invent the universe." (Carl Sagan)

  • @Nextlevel1100
    @Nextlevel11006 жыл бұрын

    Great debate to reveal the essence of an important discussion for our time. Yaron is a large and visionary thinker and Markovitz's arguments are small and narrow. I could go into detail but I'm sure any reasonable viewer would agree. History is crystal clear about capitalism and it's benefits. Markovitz seems to believe we still live in a time of kings and peasants. And, what's up with these college kids?

  • @pattithompsett9540
    @pattithompsett95403 жыл бұрын

    reading the comments i am quite happy to see i am not alone in my support of brooks. i also wonder how these young people feel about someone telling them they will have to give up some of their hard work for others who dont want to work as hard

  • @timpeterson3131
    @timpeterson31316 жыл бұрын

    Yaron echos the greatest economist of our time, Thomas Sowell.

  • @firstlast9916

    @firstlast9916

    3 жыл бұрын

    Yaron and sowell disagree on immigration. Sowell buys into the identity politics when it comes to immigration. He thinks foreigners are a threat. Yaron is for open borders

  • @Storabrost
    @Storabrost6 жыл бұрын

    1:06:01 Markovits: "The middle class was created intentionally by government policy." 1:06:57 Markovits: "Money is a relation of constraint and freedom" Such profound misunderstandings about economics. "Wealth of Nations" taught me that money = labor.

  • @roshasii

    @roshasii

    6 жыл бұрын

    Money does not equals labor though. Money reasonably equals value. Think of the old and good example of the dig a hole then fill it labor and see it does not equal money

  • @Storabrost

    @Storabrost

    6 жыл бұрын

    If someone pays you to dig a hole and fill it, he pays you for the time and labor you put in. You can choose a different example of a productive activity that is not yielding money: you make a necklace and give it for free to your mom. Yes, money represents value - but where does this value come from? I'm not sure I'm not an economist. Perhaps the value of something comes from the labor of the people who produced it. But it's definitely not a "relation of constraint and freedom".

  • @roshasii

    @roshasii

    6 жыл бұрын

    I honestly stared at the screen with my eyes wide open for some good 10 seconds when he said the "relation of constraint and freedom" part. It was just...wow. In regards to the digging and filling up the hole, you are not being paid for your time and labor. You are being paid for the value the person who's paying you sees being generated by your time and labor. That's why the hole analogy is a good analogy. Your labor doesn't matter. Dig it up and fill it up all you like, if no one sees value in that, there's no money. That's why labor is not money, because labor does not necessarily creates value, and thus does not necessarily equals money. At last, about value coming from the labor of the people who produced the value. That depends. Is the value you're mentioning the value you see in the fruits of your labor or the value those around you see in it. If it is the value you see in the fruits of your labor, sure, could be, it's subjective to you, you'll probably feel that it values the time and labor you spent on it. If, however, you're talking about the value people see in the fruits of your labor, I cannot agree. The value people will see in the fruits of your labor will be higly subjective to them, usually dependending on how usefull are the results of your work to them. Admitting that money equals labor means to say that any kind of activity which could be considered "labor" should be paid, which isn't really true. If I spend my time creating something useless with no subjective value to anyone, no one will really pay me. Labor MAY be paid, and even then, it'll only be paid due to the value such labor creates. And value does not equal labor, for labor does not necessarily generates value to someone else. By the way, sorry for the bad english (you know, in case it's bad), not my first language.

  • @capoman1

    @capoman1

    6 жыл бұрын

    If your employer sees value in digging and then filling a hole, then you "produced value" in the eyes of your employer. It's not up to us to determine what is valuable, it is up to each individual. Some people for instance value homeopathic medicine, even though it contains only water, and most of us would say that it is without value.

  • @AnAZPatriot

    @AnAZPatriot

    6 жыл бұрын

    Markovits WAS correct in that Govt policy created middle class. Because before capitalist policy, there were only rich and poor. Middle didnt exist.

  • @dustycarrier4413
    @dustycarrier44136 жыл бұрын

    "If you look at the societies that are most effective in education, Finland and Singapore..." It's a bit odd he picked these two specific countries since the actual lists tend to show Japan, Hong Kong, and South Korea in the top 10 as well. Indeed, the US is 25th and 24th in Science and Reading respectively, but 40th in math. Not amazing, but out of 72, it's not awful. But, more importantly; Japan has private schooling beyond middle school. Additionally, Hong Kong's colleges are extremely exclusive. So much so that most Hong Kong college students study abroad. Korea is similar to Japan in that most schooling beyond middle school is private. Indeed, in nations like Japan, Korea, and China, the access to private education is very high, and it seems to have no negative impact. But even more to the point; just because an educational system shows high levels of success, does not mean it is without consequence. In many Asian nations, especially so Japan, the stresses imposed by these systems are so immense that they are often a major cause of suicide among teens. Similarly, the lives of these children is often consumed by the necessity to succeed in this environment, creating further stress. And these nations are trying desperately to solve it without scraping their admittedly good education systems.

  • @Bri_bees
    @Bri_bees5 жыл бұрын

    Change the word "privilege " to "work" and see how his points sound. "sitting atop a mountain of work by there parents and grandparents."

  • @Anonymous6225
    @Anonymous62255 жыл бұрын

    27:00 - It's fair to the parents. The parents work to make a good future for their kids. It's not just about the kids who are lucky, it's about the parents who worked hard for their genes to flourish.

  • @BarrieSchaef
    @BarrieSchaef6 жыл бұрын

    Thanks for posting this Yaron - I am capitalist to the core.

  • @TheBrunarr
    @TheBrunarr4 жыл бұрын

    "Free markets are the technique of coercion that the government is using" They wouldn't be "free" markets if they were used as techniques of coercion. This wouldn't happen in a free market scenario.

  • @lordgrishnakh1148

    @lordgrishnakh1148

    2 жыл бұрын

    Of course, the rebuttal would be that "the very institution of individualistic private property, and the necessary inequalities which stem therefrom, themselves create a situation of coercion against those with 'less'." And of course... they'd be wrong in saying such a thing.

  • @rick91443
    @rick914436 жыл бұрын

    Markovits is incredible in my book(and I'm reading, at 65,) Atlas Shrugged for the third time...Very good discussion. We need to look outside the box...Thank you Yale...rr

  • @rmp5s
    @rmp5s6 жыл бұрын

    Just came across Dr Brook. MAN, is he spot on. "We are responsible for our own lives." How's THAT for an idea... Keep spreading logic, sir! We NEED THIS these days!!

  • @patna4881
    @patna48814 жыл бұрын

    I see why Brook didn't shake Markovitz's hand. Markovitz didn't offer his hand after the show.

  • @bobw222
    @bobw2226 жыл бұрын

    54:15 in ... Let's make sure I understand Markovits premise: You can always replace one $2M a year person with 20 $100K a year people. Right.... So if that's true than I can replace 1 ball player making 35 million a year with 35 minor league players making $100K a year, and the results will be absolutely the same for the team... This guy shouldn't have been able to get a degree in basket weaving with logic like that. Have liberals ALWAYS been this stupid and we just didn't notice?

  • @joecoolmccall
    @joecoolmccall6 жыл бұрын

    Before I watched this, I said to myself "the second man will use a number of stories to express his position". I was proven right...

  • @stealingfire5036
    @stealingfire50366 жыл бұрын

    4:05 - Denied handshake? Ouch!

  • @ericguynga
    @ericguynga3 жыл бұрын

    "Requiring all private educational institutions to double their class sizes, and to take all of the new students from the bottom half of the distribution." Markovits is an insane person! This entire debate can be summed up like this -- Brook: It is immoral and unacceptable to force others to do what you think they should do with their property. Markovits: I'm unable to recognize the fact that government interventionism has destroyed everything it has touched throughout history, so I believe we need more government guns pointed at people. I want so bad for my summary of Markovits to be a straw-man, BUT IT ISN'T!

  • @drstrangelove09
    @drstrangelove096 жыл бұрын

    The order of statements and rebuttals and summing up favored Markovits.

  • @TheJohmac

    @TheJohmac

    6 жыл бұрын

    drstrangelove09 and yet he still looks like an idiot.

  • @drstrangelove09

    @drstrangelove09

    6 жыл бұрын

    Yaron is correct but I'm afraid that Markovits' spiel will convince many. :(

  • @mdtaylor67

    @mdtaylor67

    6 жыл бұрын

    John McElroy he is eloquent yet proves no real points, unless it was conceded... we need better education that a free market can provide! But he can’t admit...

  • @richardmartinbishop
    @richardmartinbishop3 жыл бұрын

    Great talk, I could listen to these guys for hours on end

  • @linxtonyc
    @linxtonyc6 жыл бұрын

    How many times has socialism succeed? Hmmm..?

  • @ryanjames2673
    @ryanjames26736 жыл бұрын

    Just found you yaron... Love what you do! Subscribed and a fan! Thank you :)

  • @BuyTheDip627

    @BuyTheDip627

    6 жыл бұрын

    Keep spreading the knowledge. We don't want another civil war! We gotta educate people! Educate! Educate! Educate!

  • @VaShthestampede2

    @VaShthestampede2

    6 жыл бұрын

    Do you know of Milton Friedman? kzread.info/head/PLqOZUCO_1xY7CigFFwN8pEtmUitAseDG9

  • @drstrangelove09
    @drstrangelove096 жыл бұрын

    Hmmm... So, for the purpose of discussion, I'll assume that Markovits is correct. I'll take the case of, oh, a heart surgeon. Suppose the surgeon is a Harvard grad and a brilliant and very skilled heart surgeon. He works hard and does an excellent job and saves many, many people. Now we could have, instead, many lower paid and less skilled heart surgeons, and this somehow would be better...? And we are to be angry at the highly skilled heart surgeon? I also think that we are missing something when talking about, say, Apple... yes, Steve Jobs was able to do what he did even though he did not graduate from an elite school with major skills... yes... but this misses the fact that Apple employs many, many highly skilled engineers, many of which graduated from elite universities, like MIT. Without these engineers and their advanced skills IT WOULD NOT BE POSSIBLE for Apple to have done what they did. And Steve Jobs was clueless about HOW to do the things that were necessary. And, I am doubtful that replacing the elite engineers with a bunch of medium skill, medium knowledge, medium talent engineers would have produced the same result. (I say this as a digital design engineer.)

  • @drstrangelove09

    @drstrangelove09

    6 жыл бұрын

    I'm with you. :)

  • @joe2125

    @joe2125

    6 жыл бұрын

    in regards to Apple, it is true that it wouldnt be able to produce its product line without very highly skilled and likely ivy league educated employees. But, Apple would also not be able to do this without Steve Jobs in the first place. So there two factors in producing apple products; theres the thousands of employees and then theres Steve Jobs. Its not, but lets assume, this division was 50/50. Steve Jobs is responsible for 50% of Apples value and its thousands of employees are reaponsible for the other 50%. In that case, Steve Jobs still deserves billions considering hes 50% responsible for a multibillion dollar business. Employees of Apple were not coerced to work there, they chose to work there because they thought the compensation for their efforts was worth it. end of story. Steve Jobs is the more valuable part of the equation because without him there simply is no apple. there would still be an Apple without the exact, and ivy league educated, employees he chose to hire. in fact, he could have had somewhat similar results if he founded apple in 2017 instead and outsourced that work to dirt cheap eastern laborers. Thats how modern silicon valley companies operate. The point is; did highly educated people help creat apple? Yes, but they are no where near as valuable to apple as steve jobs. their labor could have been relatively replaced, his ideas could not

  • @drstrangelove09

    @drstrangelove09

    6 жыл бұрын

    Agreed.

  • @skaruts

    @skaruts

    6 жыл бұрын

    To be honest I don't quite understand what you're trying to say. Maybe I'm missing something and I'm not making a connection between what Markovits said and what you're trying to say.

  • @skaruts

    @skaruts

    6 жыл бұрын

    Although, specifically on steve jobs, I think they're both as valuable. The engies wouldn't be there if he hadn't had his ideas, but his ideas would never come to fruition without the engies either. Different engies might come up with different results, so I wouldn't say they were replaceable either.

  • @miragilbert9579
    @miragilbert95796 жыл бұрын

    If I don't deserve what I create, why would I create it? I'll just lay on the couch )

  • @BuyTheDip627
    @BuyTheDip6276 жыл бұрын

    Why can't you just leave us aloneeeeeeeeeeeeeeeeeeeeeeee

  • @johnkosowski3321
    @johnkosowski33213 жыл бұрын

    Yaron sunk Markovits' battleship.

  • @larribathory8640
    @larribathory86404 жыл бұрын

    Freedom is the right to inequality. Equality (if it is understood more broadly than purely formal legal term "equal rights") and freedom are incompatible things. By nature, people are not equal, equality can only be achieved through violence, which will always be an alignment to the lowest level. It is possible to equalize the poor with the rich, but only by taking away from the rich his wealth. It is possible to equalize the weak with the strong, but only by taking away from the strong his strength. It is possible to equalize the fool with the clever, but only by turning the wisdom from dignity into a blemish. The society of universal equality is a society of the poor, the weak and the foolish, based on violence.

  • @larribathory8640

    @larribathory8640

    4 жыл бұрын

    N Berdyaev , Russian philosopher

  • @michaelp1923
    @michaelp19236 жыл бұрын

    Great work Yaron really appreciate the content.

  • @GhostofFranky
    @GhostofFranky6 жыл бұрын

    43:28 "no one is talking about 'central planning' I'm talking about 'thoughtfully managed economies' that benefit the society." You could use those terms interchangeably and you would have the same result. Who is going to "thoughtfully manage" this economy? One entity two? Three? Anytime you talk about managing some portion of an economy you are talking about central planning. It's the same thing. Central planning is merely the means of achieving the "thoughtfully managed" economy. These professors think they are sly with their more educated language, but only fools are able to be dazzled by such sophistry. The man may be intelligent when it comes to practicing language but he doesn't possess the intellect that produces any value the overall society. In fact the only reason this charleton can exist is because of this wealthy economy that he criticizes. What he truly desires is a larger pie and lacking the ability to produce it, he would negotiate it by force through government and an army of fools, using his crafty language. Do not be fooled by these "elites", they care less for the poor than they do for their own refuse.

  • @TeaParty1776

    @TeaParty1776

    2 жыл бұрын

    For Markovitz, being thoughtful is being intellectually lost inside the contradictory chaos of altruism.

  • @DaveWard-xc7vd
    @DaveWard-xc7vd6 жыл бұрын

    It all comes down to three things. Opportunity Intelligence Choice. End all dysgenics.

  • @charltonblake9967
    @charltonblake99676 жыл бұрын

    That was a fantastic opener by Brook!

  • @HeavyK.
    @HeavyK.6 жыл бұрын

    This guy is a real pick and choose examples.

  • @SpideyNinety08
    @SpideyNinety083 жыл бұрын

    Based upon his closing statement, I can't help but see that Markovits is just full of resentment that people don't want what he wants to give them. That really sounds like his entire philosophy. The "system" is structured such that people can tell him that what *he* wants to do is not valuable to *them* instead of him getting to say that they must accept what he is willing to offer. It is disgusting. I cannot imagine a more individually and socially destructive philosophy.

  • @stevedoetsch

    @stevedoetsch

    2 жыл бұрын

    You just described the feminine psychology which views control as love; the masculine psychology intuitively understands that love sets people free, it does not control them. Leftism and Collectivism are the feminization of politics.

  • @jeviosoorishas181
    @jeviosoorishas1815 жыл бұрын

    I've always been amused at that inherent contradiction: 1. We know that the vast majority of the stock market is owned and dominated by institutional investors. 2. According to the Inequality people, we also know that about 90% of the wealth all over the world is owned by the 1%. These two facts seem unlikely to be true.

  • @s.l.george7348
    @s.l.george73483 жыл бұрын

    I am not being facetious when I state I would think that a graduate of Yale/Oxford in math/economics could come up with arguments that are not so sophomoric, not so lacking in substance, not so easy to refute. For example, the example he gave of the yacht seller not serving the middle class, but the upper class. Who does he think gets paid to make the yacht??? No other than the middle class AND the lower middle class! W/regard to finance, instead of being rigged for the rich, it's actually one of things that has changed in the last 50 years! More and more people in middle class and even lower middle class are investing in the stock market!!! It's the complete opposite of what he is claiming.

  • @OnTheThirdDay
    @OnTheThirdDay6 жыл бұрын

    What bothered me was that he said: " Money is not a thing. It's a relation of constraint and freedom. If you had a series of sheets of paper and on the slips of paper it said a five-dollar sweater and if you went and you had the slip of paper and you got the sweater you could have the sweater and if you tried to get the sweater without the sheet of paper a man with the gun would come and put you in jail, nobody would say that the slip of paper is a thing they'd say it's an accounting mechanism for telling how the government uses force against the citizens. Now, money is just a sophisticated accounting mechanism for telling how the government uses force against its citizens. Moreover, because money is fiat money and central banks make it and when they set interest rates they set the price of money. Money is an overtly discretionary and political form of coercion. And in the last 30 years, if we had more time I could go through chapter and verse to illustrate how that form of coercion has been intentionally and self-consciously deployed by the government in ways that are known to enrich the elite and to make the middle class less well off. This is not a question of trying to get the government out of our lives. It's a question of acknowledging that the situation we're in is the con is the consequence of government policy and that free markets are the technique of coercion that the government is using. " I'm like, "Well, some of his ideas are not that bad. [As another person commented, don't we all hate cronyism.... well, at least don't we all say that we hate cronyism.] But this is pushing it." The crazy thing that I saw that I didn't see anyone point out was how he described the sweater. If I go to the store and want to buy a sweater without the sheet of paper, it is not true that "a man with the gun would come and put [me] in jail." (shoutout to B. Shpiro with the mental image.) What will happen is that I won't get a sweater.... if I then try to steal it, which breaks the store's right to its property,.... then the government comes and puts me away.... I don't see the "coercion." ... What about the analogy about what money is that people have always been taught: I want a sweater, but I don't have anything to offer the sweater-owner for them to give it to me. So, I go and work for someone else, they give me money, and I give the money to the sweater owner... instead of complicated bartering... I could follow many of his arguments, but this was way off the wall. I mean, I get that maybe fiat money is used evilly... (so of course the answer is to give the government more power if it promises to be good), but to say that a free market is the way that the government coerces people... that's a bit much. I'd get it if he said the common, "It is a way that the rich and powerful are free to manipulate and coerce people with no better options into doing their bidding...", but to say that by the government letting people have freedom it is secretly manipulating people.... It doesn't really make sense to me. I suppose it is just "internalized oppression"... Does anyone want to play Devil's advocate?

  • @WoodedAcres
    @WoodedAcres6 жыл бұрын

    After listening to this guy Markovits I only have to think back to last night when I watched Atlas Shrugged Parts 1, 2, and 3 and then I see the parallels right away. Now, I realize Atlas Shrugged is only a movie, but it is an appropriate movie based on a book that echoes two very different ways at looking at inequality. No one has to hit me over the head to figure out which one is better by a country mile. Yaron is great, btw.

  • @A_cuppa_tea
    @A_cuppa_tea6 жыл бұрын

    Markovitz must have been rejected "unfairly" somewhere along the line or had an overbearing kindergarten teacher. Life cannot be 'made' fair. Being forced to share your toys really doesn't help people. Scary conclusions based in Uber-Faulty premise. So much wrong here. PLEASE keep up the good work YARON!!

  • @choyayahyah
    @choyayahyah6 жыл бұрын

    Markovits is truly corrupt in his thought process. For 1) in his closing remarks he talks about his friends making $8.00/hour which is below minimum wage if I'm not mistaken, but furthermore I have a nanny for my baby because my wife and I both work and she is 21 and making $10.00/hour which is super cheap for nanny work and requires hardly any skill or work for that matter (she's at my wits end too lol). So the notion that people working hard for years only making $8.00/hour is just ludicrous. Furthermore, the only way to create the "income equality" is by means of force - socialism - communism - theft, which are all the same thing. I mean, if you take his arguments about the children of the wealthy, is he saying that we should reset each generation back to zero and confiscate the parents wealth?? It's a ridiculous, fascist, totalitarian viewpoint.

  • @choyayahyah

    @choyayahyah

    6 жыл бұрын

    Also, I started at $50K a year salary and have made close to $3M in a very short time because I worked my ads off. I'll admit I'm lucky but I haven't taken a vacation or downtime in the last few years either. My wife is actually upset about that so we are finally planning something but nevertheless it takes hard work and determination to achieve and I didn't have a daddy helping me either.

  • @donquixotedelamancha58
    @donquixotedelamancha584 жыл бұрын

    This was great! Yaron, I'm following you

  • @alexandrecharbonneau5707
    @alexandrecharbonneau57074 жыл бұрын

    If "rich" people have the ability to use/bribe/corrupt government to fullfill their own needs in the education system/any other field at the expense of the middle class and poor people? Who is dumb enough to ask for more goverment then?

  • @Entropy825
    @Entropy8256 жыл бұрын

    The problem with "fairness" is that it is subjective. What is "fair"? Who decides? Ultimately there is no limit to "fairness". If we met every single demand of people who claim that they're not being treated "fairly", they would just come up with more demands. Additionally, we shouldn't care one iota about "inequality", but rather prosperity. Who cares if one person has more than another person, if both people are more prosperous today than they were yesterday. In this debate Markovits speaks of "inequality" in the same tone one would expect him to use when discussing terminal cancer. "The system today produces massive inequality!" So what? We're all more prosperous than our ancestors were just two generations ago. The single biggest health problem among the poor in America today is obesity, and not because they can't afford gym memberships but because they have more food than they need. Imagine what the poor of 100 years ago or even 75 years ago would say to that. Inequality -- the simple fact that we're not all the same or we don't all have the same things -- is not a harm that requires solving. Genuine poverty is harmful, but inequality is not the same thing as poverty. It is possible for everyone to be prosperous and for there to still be great inequality.

  • @whitehorsemilitia

    @whitehorsemilitia

    6 жыл бұрын

    I get into these debates with my dad, he's a socialist and believes his Morality is supreme when I told him that his views on Morality is just as subjective as mine, yet he thinks objective and subjective is irrelevant, what's relevant is morality. But again that's subjective and as you say, who decides what is moral? There should not be any law that is subjective in nature, it is clear that physically harming someone or stealing from someone is not good but the double standard is that the government believe stealing is bad and no one should steal yet people like socialists believe that re-distribution of wealth isn't stealing? How would you re-distribute wealth if the wealthy refuse to pay more for the sake of the poor? They'll have to take it by force and that's stealing and a violation of Property Rights. Give the government the power to give anything to the people and you'll also give the government to take from you as well. I agree with you and I say similar things to my dad, the biggest problem he has (which is a common trait with Socialists) is he look at what others are earning instead of looking at what he is earning. If you compare yourself to others, that creates envy, envy can lead to resentment, resentment leads to hate and hate breeds Violence, I don't care what someone else is earning, as long as I am happy with what I am getting, why should someone else's earnings bother me? It clearly bothers him and this is why throughout his life, he's never appreciated any job he does.

  • @therealdamancy
    @therealdamancy6 жыл бұрын

    I love how Markovits denies whatever Yaron says, shakes his head and mumbles it's not true before letting Yaron finishes his sentence about some statistic.

  • @itamaradio
    @itamaradio6 жыл бұрын

    This Yale professor doesn't understand a few things: 1. The rich use GOVERNMENT to rig the system. Without buying out influence from regulators the rich can not rig anything. 2. Incentives are the most important players in the economy. When you give people incentives to do the good thing - in this case to find work and produce valuable goods and services - then you improve the lives of everyone in that economy. Once the incentives are skewed by the government and not by the market you get poverty, bubbles, stagnation and etc. Inequality is merely the result of the incentives a free market offers people. I would not have studied hard everyday for 5 years for an engineering degree if not for the chances to be in the top 5%. If everything was basically equal i would have enjoyed working in a much easier job that doesn't improve the economy like engineering does. 3. Education in tiny places like Finland and Singapore are not in any way implementable in the US public school system. Finish and Singapore people are very homogeneous and can create a government education system that is specifically fitting for their culture and mindset. But religious Christians/Jews/Muslims will never accept a common education method like Finish people would. Different cultures demand different education systems - and that is why America should privatize education. 4. Life will never be "fair". this is a dangerous illusion that produced the most evil ideologies. The free market is so far the best system in terms of effort-reward ratio. It is not perfect - but it is the realistically the optimal system. 5. Children are affected by their parents behavior- duh. But once you are 18 you enter the game of life with the hand you are dealt. Always suspect people who try to convince you that they have a system that changes the hand you are dealt. This will lead to government regulating parenting. I am terrified by that Professor and his illiberal values.

  • @pkarandi

    @pkarandi

    6 жыл бұрын

    Itamar Greenberg - "Always suspect people who try to convince you that they have a system that changes the hand that you are dealt." Very, VERY well said. Kudos to you my friend.

  • @wjluckett5026
    @wjluckett5026 Жыл бұрын

    The problem is that the Inequality of Rights have created economic, political, legal, and social Inequalities. Reparative justice must be served in order for this country to be a true Bastion of Freedom!

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