It's pretty obvious he is to anyone paying attention. He might not realize it but the elite will use him to buy up assets at a cheap price. It's a model for foreigners to pillage domestic assets. Nothing he said is wrong from a pure theoretical perspective but one inherent flaw of ancapitalism is that not all humans are equal and freedom of capital movement given not free movement of labor means pure free market is NOT the best system for most people. The elite in charge don't need an economics lesson. They know how it works. They're purposely using their money to assume more wealth and power.
Well it's true, but the purpose of government is to ensure a fair playing field. While buying up assets might seem nefarious - under a well maintained libertarian system - any business that doesn't work to compete to provide goods and services will fail.
What he will find happens, if he is successful at what he does, is that a lot of businesses won't do business there, because their success hinges on getting sweet deals with the government.
Why was Amazon successful? The government exempts all its tax as a US-headquartered company. Why was AT&T successful? The government literally signed a contract mandating it as a monopoly. Why was any crown or state-owned enterprise successful? Because they get the government to regulate their competition away.
He will discover that the worlds biggest players can't succeed there, if he does his job correctly, and none of them will want to play ball. They'll send their lobbyists to fight for sweet deals and tax breaks - and when they get none, they'll simply go to a country that does give them one.
Nowadays, the biggest world players are all cheating - the most successful ones are the ones who are best at it.
While buying up assets might seem nefarious - under a well maintained libertarian system - any business that doesn't work to compete to provide goods and services will fail.
What does that have to do with global reality? We live in a manipulated economic system where foreign powers can just print currency to give to their BlackRocks to buy out whatever country they need to influence.
The fact he is a platformed speaker at the WEF is proof enough that he's a plant.
It's pretty obvious he is to anyone paying attention. He might not realize it but the elite will use him to buy up assets at a cheap price. It's a model for foreigners to pillage domestic assets. Nothing he said is wrong from a pure theoretical perspective but one inherent flaw of ancapitalism is that not all humans are equal and freedom of capital movement given not free movement of labor means pure free market is NOT the best system for most people. The elite in charge don't need an economics lesson. They know how it works. They're purposely using their money to assume more wealth and power.
Well it's true, but the purpose of government is to ensure a fair playing field. While buying up assets might seem nefarious - under a well maintained libertarian system - any business that doesn't work to compete to provide goods and services will fail.
What he will find happens, if he is successful at what he does, is that a lot of businesses won't do business there, because their success hinges on getting sweet deals with the government.
Why was Amazon successful? The government exempts all its tax as a US-headquartered company. Why was AT&T successful? The government literally signed a contract mandating it as a monopoly. Why was any crown or state-owned enterprise successful? Because they get the government to regulate their competition away.
He will discover that the worlds biggest players can't succeed there, if he does his job correctly, and none of them will want to play ball. They'll send their lobbyists to fight for sweet deals and tax breaks - and when they get none, they'll simply go to a country that does give them one.
Nowadays, the biggest world players are all cheating - the most successful ones are the ones who are best at it.
What does that have to do with global reality? We live in a manipulated economic system where foreign powers can just print currency to give to their BlackRocks to buy out whatever country they need to influence.
It doesn't because there are no such systems. I never claimed so.