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Debate: What To Do About Poverty | Learn Liberty 

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"Debate: What To Do About Poverty" by @LearnLiberty
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This Learn Liberty debate presents arguments for and against more government assistance to help the poor in the United States. Prof. Steven Horwitz argues that the government has created too many problems and that lifting government-imposed barriers to the poor will go a long way toward solving the problems of inequality in the United States. Prof. Jeffrey Reiman takes the view that government, while not perfect, will have a key role to play in creating better programs to help the poor. What do you think?
* This debate was filmed in front of a live audience at the 2013 International Students for Liberty Conference in Washington, DC
► Learn More
bleedingheartlibertarians.com/... [article]: Steve Horwitz breaks down the economic condition of the poor and whether markets work to benefit the least advantaged
www.washingtonpost.com/wp-dyn/... [article]: Stephen Rose of the Washington Post presents a variety of evidence to show that the declining numbers of middle class Americans is mostly due to many of them getting richer
www.fee.org/the_freeman/detail... [article]: Walter E. Williams of The Foundation for Economic Education explains what poverty is and why there is poverty in the first place
mises.org/daily/2526 [article]: Henry Hazlitt questions whether the government can truly reduce poverty
www.ted.com/playlists/67/the_q... [video]: TED combines eight of their videos on different ideas of how to end poverty
www.economist.com/news/leaders...
out-extreme-poverty-20-years-world-should-aim [article]: Jon Berkeley of The Economist explains that we are towards the end of poverty and explains what factors played out in this reduction
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21 янв 2014

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Комментарии : 232   
@capoman1
@capoman1 10 лет назад
At 9:00 they touch on "charity vs welfare." And the professor says with charity "you give what you see fit," with welfare "you GIVE WHAT YOU OWE." And that welfare "allows the recipient to have more dignity..." There is a lot to say on this issue. Let me say just a couple of things. Let's consider charity, and the mindset of the recipient; we will use the Will Smith character, just call him Will. Will ends up poor, for whatever reasons. Will seeks help from his family or community; a local church ends up giving him money for the month. Will IS VERY GRATEFUL to the church, and feels that because these are his good neighbors that are helping, the people he actually sees around him in town, WILL OWES IT TO HIS NEIGHBORS to live up to the donation that they gave him. Will would be disgracing his neighbors and the church IF HE WERE TO TAKE ADVANTAGE OF the charity, and not look for work, or to just abuse the money that was given to him by buying drugs or alcohol or partying. So in the case of charity THE RECIPIENT OWES something, not the donator! And the recipient MAY ACTUALLY FEEL THAT HE NEEDS TO PAY BACK EVERY DIME that he borrows! ---- Whereas with welfare, IT IS THE DONATOR THAT OWES SOMETHING. And the recipient does not feel ANY RESPONSIBILITY directly to the donator to repay or not to abuse the donation or the situation, nor does the recipient feel responsible to repay the donations; THE RECIPIENT FEELS THAT THE DONATOR OWES HIM THAT MONEY SOMEHOW. ---- So the notion of CHARITY VS WELFARE are antithetical in nature. In welfare: The poor person feels "you guys OWE ME something." And the donator feels "I OWE it" to pay to the poor. In charity: The poor person feels "I OWE IT TO YOU" the donator to live up to or even repay this contribution. And the donator feels "I DON'T OWE YOU A DIME," but I wanted to help, so make it count. ---- Complete opposites! ---- In both cases, the poor get help. The question is WHICH of these two ALIGN WITH OUR NATURAL RIGHTS? And WHICH OF THESE RESULTS IN GREATER PROSPERITY?
@JH-ji6cj
@JH-ji6cj 5 лет назад
👏👏👏👏
@jayromeo9631
@jayromeo9631 4 года назад
Late to this video but I have the exact same thoughts. The basis of everything is values. Charity imbues the recipient with responsibility which will cause them the be better and to improve. Whereas welfare imbues the person with entitlement. They are not able to feel responsible to improve because he doesnt feel the debt to improve.
@calebskinner5317
@calebskinner5317 4 года назад
Absolutely right! I'd point out, just to make it clear, that charity deals with people. Real, physical, living people that care about you and your life. Whereas welfare deals with organizations. Non-present, unaffected bureaucrats that don't care about you. From a moral perspective, charity stands a tip-toe in face of welfare.
@chrisknorr1326
@chrisknorr1326 3 года назад
Right. Well said. I had to stop the video before he even finished his thought, because the implications are so perverse. He used the word justice... His conception of justice is that people deserve the unearned -- a complete negation of what is actually just.
@MrMJpilot
@MrMJpilot 3 года назад
I agree completely.
@brigbjones
@brigbjones 10 лет назад
the second i hear anyone say "think of the children" i instantly switch off. having emotions is fine and necessary but making real decisions based solely upon them is ludicrous.
@michaelpaliden6660
@michaelpaliden6660 6 лет назад
the second i hear anyone say "think of the children" i instantly-think of a simpsons cartoon chareter.
@ravenswood118
@ravenswood118 4 года назад
....You’re a monster. Just let the children rot. Got it.
@Ischesmann
@Ischesmann 4 года назад
You just want people to die!!!1!
@sungod9797
@sungod9797 3 года назад
The problem is that “think of the children” becomes a shield against any and all criticism. That kind of emotional appeal is often an instant win in political scenarios, which is the danger since it stifles any actual debate about the merits of the policy in question. The issue is not that people care emotionally about children and their plight, but rather that the children are used as mere political pawns (after the fact) to further the speaker’s preexisting agenda.
@sungod9797
@sungod9797 3 года назад
The problem with the “think of the children” argument is that it becomes a nearly ubiquitously applicable shield against any and all criticism. That kind of emotional appeal is often an instant win in political scenarios, which is the danger since it stifles any actual debate about the merits of the policy in question. The issue is not that people care emotionally about children and their plight, but rather that the children are used as mere political pawns (after the fact) to further the speaker’s preexisting agenda.
@EmberwildeProductions
@EmberwildeProductions 10 лет назад
Too often these videos are billed as "Person A vs. Person B" and we are told they "duke it out." In reality, Horwitz and Reiman agree on about 70% of everything discussed here and have somewhat differing views about the remaining 30%. They are having a discussion, not an adversarial contest.
@blinddog58
@blinddog58 5 лет назад
Emberwilde Productions this is advertised as a debate. Very few debates are really debates. In a real debate a single proposition is made. One side argues for the affirmative, one side the negative.
@LearnLiberty
@LearnLiberty 10 лет назад
Profs. Steve Horwitz and Jeffrey Reiman duke it out over an essential social question: what is the best to eliminate poverty while caring for the impoverished? Tell us what you think after watching this week's NEW release!
@MikeNoyes
@MikeNoyes 10 лет назад
h/t Steve Horwitz
@jonkelly2003
@jonkelly2003 10 лет назад
***** Here.Here.
@TickleMeElmo55
@TickleMeElmo55 8 лет назад
True. But it does take time, though maybe not two hours, to discuss what is a right and what we mean by morality and why a certain viewpoint of morality should dominate.
@dibelgelo
@dibelgelo 5 лет назад
"eliminate" sounds scary. I don't want to be eliminated, I'm dirt poor in comparison to Buffet or Bezos, thought.
@nelsma292
@nelsma292 10 лет назад
1/2 of my government education was daycare, 1/4 was obedience(part of that was good as social interaction), and 1/4 was actually applied knowledge(that includes art and critical thinking). Maybe that was just me, but I could have been tossed a book, taken a test for 1 hour per week,spent a few hours at the park, and learned as much as I did in school.
@catvisiontv855
@catvisiontv855 Год назад
We need the UBI tied to the GDP get a petition in every city started. A dividend.
@avatarius1000
@avatarius1000 10 лет назад
Libertarians. The ideologues of libertarianism do more thinking about the effects of economics on the poor then every single ultra-lefty and ultra-righty in the country, combined.
@davidlewis6728
@davidlewis6728 5 лет назад
it's easy to surpass 0.
@thetayterminator1436
@thetayterminator1436 5 лет назад
I would think more libertarians are concerned with the effects of legalized cannabis on the economy and the effects of the "War on Drugs" on society. Things that have to do with the Government finally realizing that it can and it should let adults make their own decisions and that doing so won't result in total chaos. If there's one group of people that I would think discuss the hardships of the poor and the ideas and policies that could alleviate them, it would be the actual poor themselves. Because its a daily experience to them, I say "them" but I should say "us". Maybe these ideologues should actually ask the people that they love talking about what would really help them
@bigz5262
@bigz5262 3 года назад
@@thetayterminator1436 I mean no offense, but if a person has been poor all they’re life, maybe they’re not the best person to ask how to bring poor people out of poverty
@stayswervin554
@stayswervin554 3 года назад
BIG z is spot on here. Stop listening to poor people on what they want when they don’t even know how to get out of poverty. Stop adding minimum wage, and all those other things. People like to say oh he has rich parents so ofc your rich but refuse to accept that rich kids can fumble the ball they can lose it in 1 generation. If the rich dad doesn’t teach their kids how money works how to make money. That rich kid who had a better start can and could be financially irresponsible and go broke and be poor in years after his dads passing. Poverty is taught Wealth is taught If Donald’s trumps dad haven’t taught Donald trump the game he’d be broke 40 years ago nor would his kids be rich
@Liberty4Ever
@Liberty4Ever 10 лет назад
It is a fact that we just had the 50th anniversary of the federal government's War On Poverty, and after spending TRILLIONS of tax dollars over the last 50 years, purportedly to end poverty, we have more poverty in the US than before the War On Poverty was waged. Professor Reiman argues that charity, the voluntary giving from one person or group to another, in some way diminishes the recipient, while the social justice principle that forces us to give "our fair share" to the government that then redistributes our wealth is better. Not even close. Charity is a moral decision that is somewhat analogous to the free market. Both parties are bettered by their participation, or they would abstain. With charity, there is a genuine exchange. Both parties are improved. The giver sees the benefit of their gift in another person's life. The recipient sees a real human who cares about their plight and wants to help. There is a personal connection and a personal relationship that is much more likely to give someone a hand up. With government "assistance", at most they get a hand out. They're made to feel entitled and dependent which leads to generational welfare. We shouldn't be surprised by the immoral results, because government initiates the process by stealing, and it only goes downhill from there. Government programs have no incentive to end a problem, and every incentive to cozy up to a problem and increase the problem to justify more government funding to grow the agency. The federal welfare program is less than 50% efficient, so less than 50 cents of every tax dollar goes to the poor, and more than 50 cents of every tax dollar goes to administer the program. What could be more demeaning and soul crushing than to tell a person that they are unable to provide for their most basic needs and they'd starve to death if not for their government handout? Professor Reiman also seems to believe the big government marketing lie that government helps end racial discrimination. Society demanded these reforms and governments were dragged kicking and screaming to this new reality. The US Congress passed fugitive slave laws and the US Supreme Court upheld them, while US citizens in juries across the country refused to convict people who aided runaway slaves. Dred Scott. Jim Crow. Please do your homework before claiming that government was needed to end discrimination. Even today, the federal government has programs that perpetuate discrimination, often under the guise of helping disadvantaged minorities. Sometimes, the easiest way to enslave someone is to "help" them.
@moguhoki
@moguhoki 10 лет назад
I just looked at the numbers & we have less poverty than when the War On Poverty started. Overall it isn't that big of a change, but the children & mostly the elderly have seen huge gains. As well those trillions of $'s were not a waste because they went to feeding & sheltering people. There could be seen as a waste, but people were, & are helped. Just thought I'd mention this because I had to look it up.
@gabrielgonzalez6456
@gabrielgonzalez6456 2 года назад
@@moguhoki I agree that we have less poverty then 50 years ago… I believe the government has been very inefficient with the trillions collected. The intent to help the poor is on both sides, I believe. But the difference comes in how should we. Throwing money at the problem is only a part.
@GeoFry3
@GeoFry3 6 лет назад
As soon as you throw in the "think of the children" they dont deserve poverty the roll of gov't becomes unlimited. The child shouldn't even be an option if a person can't support them.
@DaveWard-xc7vd
@DaveWard-xc7vd 5 лет назад
Simple. Stop the government from helping people stay poor. End minimum wage. End affirmative action. End quota systems. End all race and gender based government discrimination.
@DaveWard-xc7vd
@DaveWard-xc7vd 3 года назад
@trufiend138 No. The majority is not racist. But even if they were we should support their freedom of association.
@DaveWard-xc7vd
@DaveWard-xc7vd 3 года назад
@trufiend138 It is possible that certain outcomes in society - number of minorities in STEM - can emerge without anyone doing anything to deliberately manipulate those outcomes. Simply calling attention to an outcome and screaming that the reason is racism is not proof of racism. Systemic this, systemic that, but no people, places or dates. Therefore no racism.
@FindingFreediom
@FindingFreediom 10 лет назад
You know what's funny. The solution to will smiths poverty in that character was a business that relied on free market. Yes we was poor but at the end he became rich. Not because of government welfare but because of hard work and free market opportunities.
@satanicsupersoldier
@satanicsupersoldier 10 лет назад
That professor flipped the script when nobody was looking . He changed the argument to make it about just rights . It isn't a matter of justice to take my stuff without my consent . People aren't owed 40 acres and a mule by right of birth .
@jrizaac
@jrizaac 2 года назад
So how do we fund the military, police department, fire department, courts, ect. without violating your rights?
@epsilon3821
@epsilon3821 2 года назад
@@jrizaac The same way the most essential of human life: food, is funded. By consensual means of choice in what food you pay for. Literally england had private fire departments during the 1700s without a need for government. Hell, the victorian era saw one of the lowest government spending for Britain while it had the greatest rise in the standard of living ever seen. Turn off the bias and use your head to actually see the alternatives you are blind to are doing. There's even a video made by Learn Liberty called charity vs taxation. Watch it. Use your resources and especially your independent thinking.
@jrizaac
@jrizaac 2 года назад
@@epsilon3821 you realize that if we privatize the fire department, they would only put out fires for those who pay for fire insurance. Those who don't have it will either be hit with a massive bill, or would just let their house burn down (which would unfairly endanger the other adjacent homes cause the fire could spread if it is not put out). Also by having the insurance system become an unnecessary middle man between you and the fire company, you end up paying more for the final product than compared to the current system where there is no middle man to take a cut for themselves.
@epsilon3821
@epsilon3821 2 года назад
@@jrizaac Very easy and very much the same stage 1 thinking arguments. Number 1, it's a choice for those who WANT to save money and take the risk of a massive bill. The point is to give them that choice. Say a man is deep in bills and needs to spare money. He can choose not to pay for the firemen to fill his stomach just for that period, then go back again. You have no choice in this current system where government taxes increase all over the board now. Second, you say insurance is a middle man. So is government. Any bureaucracy is a middleman. The difference is government has a monopoly and therefore is incentivized to be inefficient. Insurance companies compete and by the way last time I checked the greatest invention in the prevention of fire is the fire alarm, made by private entities and in no part by government institutions by any means. If you would like to actually gain knowledge to remove your obvious bias and build some critical thinking, I suggest you start with Thomas Sowell's Basic Economics. He also has many clips now on youtube should you have a hard time focusing. Otherwise, continuing this argument is unproductive.
@jrizaac
@jrizaac 2 года назад
​@@epsilon3821 Ok, then I'd like to have the CHOICE of all of us saving more money by a government-run fire department. You're the one who wants to take that choice away and force me to pay MORE for fire insurance, compared to the current system which is cheaper. You also failed on your middle man counter-argument. Calling the government fire officials a middle man for running the fire department is redundant cause the same can be said about the executives and staff of a hypothetical privately-run fire company. The difference is the first system doesn't require the creation of an entirely new fire insurance industry to stand in-between you and the fire department. Ironically, the establishment of such is the very creation of an unnecessary bureaucracy which requires extra money spent by consumers to finance and sustain. So even if I grant you that the city fire administration is less efficiently run than a private company, all of that is blown completely out of proportion by the creation of this unnecessary insurance bureaucracy. Not only do consumers have to spend extra money to sustain this bureaucracy, but this private bureaucracy also needs to make profit rather than break even, which takes even MORE money out of the consumer's pockets. This is the CHOICE you want consumers to be stuck with? The choice to pay MORE? Even the fire companies themselves would charge higher fees than the city fire department since private companies need to make a profit, unlike governments which are mostly in debt hahahah, they hardly ever take in more revenue from us than they spend. When was the last time you saw a government actually run a surplus? And lastly, calling someone out for their "obvious bias" is completely pointless when you yourself are also very biased. I would argue being biased is completely fine if your stance happens to be correct! Even from your point of view, I think you'd agree with that.
@hiddenstampede
@hiddenstampede 8 лет назад
Thank you so much for subtitle.
@ScottyNapaa
@ScottyNapaa 2 года назад
If I hit hard times, I'd feel much more dignified accepting money from someone willingly giving it to me than some gargantuan entity that coercively takes it from peaceful people.
@zlklein
@zlklein 10 лет назад
"The promotion of economic equality and the alleviation of poverty are distinct and often conflicting." - Peter Bauer
@5to22a
@5to22a 10 лет назад
He actually admitted gov. was a problem! How can you say that you need gov. as part of the solution when you admit they are a problem?
@andrew7955
@andrew7955 6 лет назад
There are different government sizes. A large government (authoritarian) is when the government controls regulations, people's freedoms, etc. A small government (libertarian) is when the government is decentralised, people control their lives, the market is free and open, and controls law enforcement, firefighting, etc. A libertarian wants a government. If there is no government there then there is lawlessness, factions, anarchy. We just want a small, decentralised government.
@QuelDroma366
@QuelDroma366 6 лет назад
The only thing you "deserve" is what you earn. Society doesn't owe you anything, except your freedom.
@chubbyninja842
@chubbyninja842 10 лет назад
The old man's argument completely falls apart when you try to reduce it to basic moral principles. He's opposed to charity, essentially, because he's concerned it will hurt the feelings of the recipients to receive it because it is "charity". So rather than respect the very real right to property everyone has to the fruits of their own labor, he would impose, by law, mandates to strip people's right to property so that the poor can enjoy an imagined right not to have their feelings hurt while they receive the same money under the title "welfare" instead. He wants them to feel like they are entitled to it, like they have the right to it, ignoring the fact that no one has the right to the fruit of another's labor. If they don't like getting charity, GOOD, that will be incentive to get a better job and work their way to a better financial situation. On the other hand, if they are "entitled" to other people's money, where is the incentive to work hard so they can stop taking it?
@gimzani
@gimzani 9 лет назад
Maybe he DOES need a prescription - if he can't tell the difference between Justice and Theft - might not be able to tell medicine from poison either.
@coryburns1905
@coryburns1905 5 лет назад
I'm surprised you're post only has 20 likes before mine
@dibelgelo
@dibelgelo 5 лет назад
Very good point, shows how much a "libertarian" he really is.
@anthonychurch1567
@anthonychurch1567 5 лет назад
Seriously "incentive to get a better job" you do realise how many wealthy people have gained it to the disadvantage of others and that is even before wealthy criminals... Then that leaves decent people not wanting charity without the support to better their situation...
@prissylovejoy702
@prissylovejoy702 5 лет назад
Anthony Church sooo anyone who’s wealthy has become so by stepping on poor people? Riiiiight. Tell me - who gives poor people jobs?
@Schuykov
@Schuykov 10 лет назад
The mixed answer is the best answer because it allows flexibility to work with different people in different countries with different cultures. Some people or cultures value safety, while others value independence, and the mixed answer allows us to work with both.
@iKhanKing
@iKhanKing 10 лет назад
Wow this is really interesting. I'm one of the few libertarians who don't necessarily think charity organizations are the solution to those in need. I don't think they have the far reach a government organization does. However, I feel like this should be handled at the state level with blank checks rather than social programs, leaving those in need with the responsibility to seek out help.
@dancingwithfools
@dancingwithfools 4 года назад
Government's should be the equivalent of a sports referee/umpire. And that is to make sure the playing field is as level as possible and that ALL are playing by the rules. After that it's up to the individual to do all the hard work and sacrifice that will get him/her 'points on the scoreboard'
@mjkeating
@mjkeating 10 лет назад
I don't find it more dignified or just for B to depend on government coercion to take from A simply because B is poorer and A is richer. Justice, imo, is for A to give willingly as all parties respect personal property and refuse engage in any sort of theft.
@nustada
@nustada 10 лет назад
Someone who receives charity is "diminished"? As opposed to being forced into a role of thief and murderer through welfare! I would rather be given a gift and given opportunities, than to go take someones wallet at the end of a gun (even if that violence is by proxy).
@rachelsarmientotack
@rachelsarmientotack 9 лет назад
I personally don't believe beggars can be choosers of how dignified they are treated. If they need help and someone is willing to meet their needs out of kindness rather than obligation, great. Be thankful. Get back on your feet as quick as possible. Pay that debt off or forward it to someone else in need if dignity is so important. People who feel dignified in their poverty stay in their poverty. People who feel icky about being a charity case want it to stop. Isn't the point to END poverty?
@tommitchell3970
@tommitchell3970 6 лет назад
Very well said.
@goinsvirginia
@goinsvirginia 5 лет назад
It's my opinion we all need Wisdom Knowledge an Understanding. If we could learn and teach investing. All education in world can't replace Wisdom.
@ScottDamery
@ScottDamery 10 лет назад
I believe in the island method, If you are alone on an island then you have all your rights. If you have the right to a home then it should be there, right to food then it should just be there...if on the other hand I have to build a shelter then maybe that is my real right, if i have to catch kill and cook food then that is my real right. On an island nothing is given to you but Life, Liberty and the pursuit of happiness.
@ScottDamery
@ScottDamery 10 лет назад
***** What? Are you saying the blind have the right to see? The deaf have the right to hear?
@ScottDamery
@ScottDamery 10 лет назад
***** This is about RIGHTS, science is not a right.
@ScottDamery
@ScottDamery 10 лет назад
***** I would consider that a pursuit of happiness....you can do it on an island all by yourself.
@stevemcgee99
@stevemcgee99 10 лет назад
How about this - let's make it not fail anymore.
@christophert8419
@christophert8419 4 года назад
Chris Gardner began with an internship and separated himself as having exceptional talent. Now imagine if his employer had to comply with minimum wage law.
@edwardoquendo211
@edwardoquendo211 8 лет назад
Sweet Deal!
@chriscone916
@chriscone916 2 года назад
minimum income ideas though sounding good, have huge negative impacts on the incentive to work...especially in current environment where people don't want to work min wage jobs if they can get by without working.
@omedolf
@omedolf 10 лет назад
Although I don't agree with most of what Jeffrey Reiman says, I still like him.
@Ozbrithian
@Ozbrithian 10 лет назад
I always like seeing comments like this. So often people, even ones I agree with, have this idea in their head that if they disagree with someone then that other person must be stupid and or evil and or crazy. Of course putting such a label on someone is an easy way to get out of having to have a rational debate with them isn't it lol?
@emedel5772
@emedel5772 4 года назад
Our society owes everyone a 'fair opportunity' just like the Will Smith character got in the movie. It does not owe everyone a 'fair share'. You TAKING from others and giving it away rather than allowing people to decide what they want to give simply because you want the recipients to 'feel dignity' is not justice, its theft.
@Wilfred2003
@Wilfred2003 6 лет назад
Here is a formal response to Professor Reiman's emotional argument, "Think about the kid" at the 4:35 mark: Tell that to the parents. I sure won't 'think about the kid'. I did not cause that child to exist in this world, their parents did. They conceived the child, well knowing of whether they had put money aside to feed it, to nurture it and to educate it. If they instead chose to prioritize short sighted leisure or very risky ventures as the case is With Will Smith's character in 'Pursuit of happiness', but still conceive and give birth to a child, they have no moral right to require strangers to feed it, to nurture it, and to educate it. To entertain that idea is to excuse the irrational behaviour in bringing a child into the world With no plan to invest money into actually raising it.
@earlmorton6265
@earlmorton6265 6 лет назад
"Ignorance is a voluntary misfortune".
@Marcara081
@Marcara081 10 лет назад
"What to do about poverty" 1) Peaceful parenting to allow children to develop the necessary negotiation skills and stable personalities essential to a successful life and career 2) Abolish welfare and the government if we can. These are the 2 greater hindrances toward escaping poverty 3) Recognize the efficacy of the male parent in shaping a child's empathy and stigmatize any notion of single parenthood as a choice, especially single motherhood Do these 3 things, or even just 1 and 3 and we won't have much poverty left in the world. (2 will inevitable happen if 1 and 3 are met)
@mbevks
@mbevks 10 лет назад
Churches & Mutual Aid Societies can be more discerning which means they can tell people things the government can't. Maybe you turn in 3 job applications on a government program but everyone knows you really didn't try but nobody can do anything. But a Church can tell you that you are taking advantage and you'll have to make earnest effort to get help. It is this ability to discern on an individual basis that makes non-government solutions superior.
@EstFatum
@EstFatum 10 лет назад
At 6:11, the moderator looks like he's more interested in the transfiguration of his hand into a pillow.
@nustada
@nustada 10 лет назад
Minimum wage absolutely is damaging. price (wages of workers)=demand\supply First minimum wage reduces demand for workers, by increasing the risk (cost vs expected benefit) to hire. If someone with no or a bad record cannot prove he that he can produce more value than minimum wage, he simply will not be hired. However without minimum wage, a person accept low or no wages, in trade for job experience or a chance to (re)build their reputation, when their value to employers increases they can negotiate higher wages or find a better job elsewhere. At the point the employer can quantify their value (no risk) and determine how much they actually benefit the business. Minimum wages causes marginal workers to be unemployed and limits the ability for small businesses to grow. Also government oversight (aka goons with guns looking for free lunch) increases the cost of running the business and in turn increases the risk to hire. Second minimum wage lowers the wage of all workers by increasing the supply of the labor pool, for the reasons stated above. Third minimum wage drives up the cost of education because it increases the artificial demand in that field. Because if getting on the job experience is out of the question because they can't get a job, they must improve their value elsewhere. The higher prices then in turn, screw those who need it the most. I am sure there are most ways it causes problems. The bottom line is whenever voluntary exchange between two people is interrupted it costs society as a whole. If mimum wage is good, why stop at $7 an hour, why not $20, $100, $1,000,000/hr
@KromeDrone
@KromeDrone 10 лет назад
The minimum wage is only good for one thing; To stop employers from making a medium where they employe many part time workers as opposed to full time. Someone who /needs/ full time work is competing with people who don't need it (aka kids, elderly, disabled, ect ect) and thus, they lose out on a job because it would be economically stupid for them to hire the full time worker. This wouldn't be damaging if you needed to work full time to actually get by in this country. The minimum wage has many negatives, but it is literally the only line keeping from major corporations from dropping wages to a point where it's unlivable. You fear already currently day employee's wage's being dropped, where even at $10/$11/$12 it's still incredibly difficult to live on. This would be fixed, of course if we lived in an economical surplus where the threat of losing everything didn't rely on a single paycheck and if we lived in a country when corporations aren't greedy and selfish, caring little about their employee's anyhow. The thing is, what you're saying is more coordinated towards smaller business with fewer employee's. What you're saying doesn't correlate to big business's/chains like Wal-Mart, McDonalds, ect ect where their gross margin of sales is exponentially higher than what they spend for labor, land, utilities, and the such. If you could eliminate the big corporations greedy fingers in the politicians pockets, drops prices of goods and services down to a reasonable level, and alter these government assistance programs that spend more than they should, and do other various things to bring us into a surplus or plateau, then yes, I could see the minimum wage being discarded but for the time being, I cannot agree as that would be essentially fucking the common, low/middle class man over.
@jonathanschubert9052
@jonathanschubert9052 3 года назад
I need someone to prove that poverty is even solvable.
@retardationnation869
@retardationnation869 3 года назад
That hits different
@TvehX
@TvehX 10 лет назад
I'd really like to know when the last time this guy had to work on minimum wage was, to call for it to be abolished. Even if it were on the federal level, luckily the states would maintain it.
@TvehX
@TvehX 10 лет назад
Ah, good, he qualified it later. That's better.
@tompain2751
@tompain2751 2 года назад
People need to be taught, and believe, that individuals are responsible for their own survival. Equality, is a fallacy! you play the hand your dealt. If you complain, instead of learning the game, you will lose!
@broark88
@broark88 2 года назад
Horowitz raises an important point about considering the giver. In voluntary charity, charity organizations have limited resources and must appeal to their effectiveness to win donations. The incentives in play are to make the most of donations, which means contributing to genuine self-improvement to beneficiaries. When government can threaten and defraud a population into "giving" to the poor, the incentives are categorically different. If the state welfare system actually did solve all poverty, would they close up shop? No. It's in the political interests of transfer program departments that there always be a sellable cause "for the poor"; and unlike voluntary charities, they can use government power to see to it that they have their jobs forever. Higher up, politicians are well aware that cutting benefits loses their base, so by and large these programs are designed to expand and there's no direct price paid by the policy makers when these programs create perverse incentives that trap "beneficiaries" on them for generations. Indeed, it's not just a question of getting financial help to the poor, but of where the money is coming from and why.
@cheesegyoza
@cheesegyoza 3 года назад
There will always be poverty because man is flawed and limited. Even if you get rid of almost all of the social programs people will make their own choice to strive to become better or not strive.
@CabooseNor
@CabooseNor 10 лет назад
Jeffrey Reiman is a very smart man.
@joecooper8527
@joecooper8527 2 года назад
Economic mobility
@Floccini
@Floccini Год назад
No mention of NIMBY? NIMBY seems to be a big driver of poverty. Government preschool seems like a very, very inefficient thing to do.
@earlmorton6265
@earlmorton6265 6 лет назад
What could have happened that led these people into the hole they find themselves in? Were they already born there? If not,did they see the hole, avoided it by going around. If they still fell in,did they stop digging an try to get out while the hole was still shallow? If they were too ignorant and lazy to recognize a hole than...
@chriscone916
@chriscone916 2 года назад
not discussed --how over regulation is used as a tool to cut some businesses out of opportunity.
@MariaRaju
@MariaRaju 3 года назад
Charity is better than wastage on welfare/corrupt policies which waste money on Bureaucrats or Political swamp.
@mikeallen7566
@mikeallen7566 5 лет назад
Did will Smith's character put his son in that situation by having a child without the means to support one ?
@yamahantx7005
@yamahantx7005 5 лет назад
"Do we NEED government to solve those problems? I like to think we can do with the least government possible to solve those problems. And for ME, the more interesting question is, let's see what happen when we get government out of the way..." THIS! As a former SJW, I was taught to take down arbitrary barriers(a great lesson, but only emphasized when talking about access for the disabled). Welfare has become a barrier to prosperity. If you actually care, you'll care about the fact that welfare is incentive not to advance in life.
@makesumwake
@makesumwake 10 лет назад
the solution is all summed up by minute 3. lets see what the rest of the video is about.
@MathewThomasFET
@MathewThomasFET 5 лет назад
Less government always, except when private banks creates "financial products" which are nothing but ponzi scheme merchandize. Remember 2008? Profits are private, losses are for public to bear.
@AndrewDeFaria
@AndrewDeFaria Год назад
9:21 "If you say that this is charity, then you make the recipient - in a certain sense - is diminished. That person receives the free chartity of other people who are better off" - exact a fucking lotely! That is a 100% accurate description of what is going on. Anything lese is essentially a lie. 9:49 "Charity means I give freely what I have out of generosity" - again 100% right (well not 100% right in that some people give out of a sense of obligation (why I don't know) and not just pure generosity). 9:55 "Justice means I give what I owe, what people have a right to". Ok now here's where it call breaks apart. Justice doesn't mean I give what I owe as I owe no other man anything - period, end of story - unless I've entered into an agreement with considersation. Also, no, sorry but poor people have no right to my property - again, period, end of story.
@Chris-xc1vd
@Chris-xc1vd 6 лет назад
A life with God is a good life.
@MrJarth
@MrJarth 10 лет назад
Add another one. Fixing the currency It should not inflate at 3% Wages increases have never kept up with inflation, hence people are getting poorer. The minimum wage would unnecessary if the currency was not controlled and did not inflate.
@bsabruzzo
@bsabruzzo 10 лет назад
I like to think of it this way: - Money represents a person's time, skills and labor, basically his life. - The older guy doesn't care about the dignity of the person giving of his money (life) as payment to another person. - When one person is taking another person's life without regard for that other person's dignity, you basically have slavery. So, according to the progressive liberal on stage, slavery is okay in his mind.
@gimzani
@gimzani 9 лет назад
I'm glad you picked up on the "Dignity" point. That statement was unbelievable! If someone is insulted by "Charity" - then get a damn job. But the other side of the coin is, the use of the word "Justice", and I think the man let the cat out of the bag with that statement - if it's "Justice" to take from the people who have - then isn't he calling the "people who have" criminals? What about THEIR Dignity? Besides, I thought "Justice" was supposed to prevent theft - not take part in it. It is backward thinking like that that I am astounded to hear from an "educated man" who "shouldn't need a prescription" - if he can't tell the difference between Justice and Theft, then maybe he WILL eat poison. (Better to be silent and be thought a fool then open one's mouth and remove all doubt...)
@TickleMeElmo55
@TickleMeElmo55 8 лет назад
Yea, I don't know anyone who's insulted by charity that are need of food and shelter. They're just grateful for the help - I know I would be. It's awfully strange that the older professor says charity is stealing away someone's dignity as opposed to a law, as if the wealthy are dressed in high heels and wearing Armani suits while handing out bread & soup to the needy. And the "educated man" bit -- it was cringeworthy when he appealed to his PhD when he was insulted (see a pattern here?) by needing a prescription for medication.
@i9erek
@i9erek 3 года назад
There is no need to have a debate. We can look at the poor nations that lifted themselves from poverty and copy them. Why reinvent the wheel?
@catvisiontv855
@catvisiontv855 Год назад
We need the UBI tied to the GDP get a petition. A dividend.
@dibelgelo
@dibelgelo 5 лет назад
Poverty is not a problem, thus need no fixing. It's like ugly vs beautiful, stupid vs smart or cold vs hot. This things exist on a contrast only and relative. One group of smart people could seam stupid in comparison with a group of even smarter. And so on. Besides, some people like being poor and miserable.
@GENIUS4896
@GENIUS4896 10 лет назад
pursuit of happyness??? pls correct the spelling just sayin
@ng730
@ng730 10 лет назад
www.imdb.com/title/tt0454921/ It's actually the title of the movie. It makes sense when you watch it. :)
@GENIUS4896
@GENIUS4896 10 лет назад
oo i see thanks.
@poprockssuck87
@poprockssuck87 3 года назад
8:30 "... other things like discrimination are problems too, and government doesn't make that happen." I disagree. Government isn't the root cause of discrimination, as it's probably some overactive human adaptation. However, government almost certainly amplifies discrimination. Most historical discriminatory laws could only be enforced by government. And if substantive discrimination exists nowadays, then government would almost certainly be a primary cause, since it monopolizes power. Affirmative action, for example, is both discrimination on its surface, preferring one race over another (whatever the intent may be), and also has the effect of making some individuals have -- and perhaps act on -- the belief that its benefactors are potentially less competent than others with similar credentials.
@HettesKvek
@HettesKvek 10 лет назад
A poor person has no way of getting out of poverty if no one invests in him/her. So my question is, how should we invest in poor people? What programs should we have, public or private, that help poor people get out of poverty?
@thomasthetans
@thomasthetans 10 лет назад
What I don't hear from people is how long do the poor need help? I've just looked at a statistic that most people tend to be on welfare for more than 7 months. Most numbers are at 1 to 2 years. But really how long does a person who is poor need to be help?
@Liberty4Ever
@Liberty4Ever 10 лет назад
Forget welfare for a minute. In the US, unemployment benefits are now at 99 weeks, which is almost two years. There was a recent bill to extend unemployment benefits further but it didn't pass. At what point are unemployment benefits actually welfare? After two years of unemployment, how much will does someone have to find a job? What employer wants to hire someone who has been unemployed for two years? This is the main reason that government unemployment figures are going down as median incomes in the US continue to decrease. People are purged from the unemployment rolls when they cease to look for a job. When their unemployment turns into welfare, they are no longer counted as unemployed, and the media reports the decline in unemployment as a good thing. Maybe they should be more truthfully reporting employment rates. Those keep going down! More than one in seven Americans are now fed with food stamps, aka EBT cards. In my state the rate is more than one in five. The rate is increasing. This is scary.
@FormerRuling
@FormerRuling 10 лет назад
Liberty4Ever It is not an insignificant piece of data to note that most people on 'Food Stamps', or 'welfare' in general tend to be either the elderly or people that actually do have jobs. In this way we cannot find such an easy and direct link between employment rates and the percentage of people on assistance.
@conchitasofia
@conchitasofia 5 лет назад
It is not the Government's role to eradicate poverty. It is the person's responsibility to eradicate his/her own poverty. The Government's role is to not allow obstacles to this from themselves, big businesses, teacher's unions, and any other entity or special interest. Gvt's role is to defend the people from those who disallow him/her to get his own richness.
@karamlevi
@karamlevi 4 года назад
Allot of people will avoid wealth generation if they are forced to pay others by law for “justice”. We should also decriminalize theft and breaking a entering too... 🤓... for justice-
@Joemantler
@Joemantler 10 лет назад
Minimum Wage puts more money into the economy? There we have the philosopher's logic.
@GeoFry3
@GeoFry3 6 лет назад
A drug user or a welfare bum does not have "right" to anything that belongs to others.
@ravenswood118
@ravenswood118 4 года назад
GeoFry3 a drug addiction is a medical problem. A welfare recipient is not a “bum.” God, I wish everyone had hearts. So few people do.
@MUSTASCH1O
@MUSTASCH1O 4 года назад
Let's not perpetuate the rhetoric that anyone who uses welfare or has succumbed to drug abuse are bums or somehow not worthy of kindness and support. Vilifying the unfortunate and generalising the character of a poor person is ignorant and close-minded, and is therefore not liberal. I would say no true liberal should want to affiliate themselves with someone who looks down upon the poor in such a way.
@GeoFry3
@GeoFry3 4 года назад
@@MUSTASCH1O the welfare bums and drug users in my family are worthy of neither kindness nor support. They used all that up more than 10 years ago. In one case some 30 years ago. I would hazard a guess that they are pretty typical of those two classes of people. By all means do what every you want with your time and money, but leave me out of it. I've already literaly donated at home and the office and no longer see a reason to continue.
@GeoFry3
@GeoFry3 4 года назад
@jfsfrnd I don't much care what the courts say is true. They can rule any way they want. Up is still up, down is still down, water is wet, the sky is blue, and gov't enforced welfare (non-voluntary" is theft.
@GeoFry3
@GeoFry3 4 года назад
@jfsfrnd sorry I disagree. When I hear the same words coming out if the mouths of the homeless begging around Tampa that I've heard from my nephew and uncle, I appreciate the lesson that the more worthless members of my family have taught me.
@qaysar82
@qaysar82 5 лет назад
so the poor feels bad when receiving aid paid by another people voluntarily, but feels good when receiving aid paid by other people forcefully at gun point !! When receiving aid paid by people who may need it but forced to pay it ?!! Because this is the reality, He just wants to obscure it. Besides, if the poor understands this is charity paid by kind successful people, they will not feel hatred to the evil rich and want to destroy them. Do not the givers deserve a little bit of acknowledgment in return?!
@labortruthseeker7892
@labortruthseeker7892 10 лет назад
Real capitalism is still new to society. Shouldn't we have let the flower be and see if it was still blooming before authority decided what to do with it? Government put it's rear in a growing body of hands and minds and stunk everything up.
@parkershaw8529
@parkershaw8529 3 года назад
Sure, kid doesn't deserve it, I absolutely agree. The state should take over the kid and give the kids to the people who can raise them without sucking on tax payers.
@kentheengineer592
@kentheengineer592 Год назад
Being Broke Is Cruel The Solution Lies With One Way Giving Communities Based On Social Policies That Or Providing Stable Employment & Purchasing Power Decision Making PPL
@ivandate9972
@ivandate9972 10 лет назад
don't try to take an example from small size country like france and applied to big size country like america, china or even india ....
@baraka99
@baraka99 10 лет назад
There's not enough social engineering that will help poverty due to the population booming. Automation is on its way and the human worker (with all its flaws) will be considered an hindrance, not an asset. This is a loosing battle due to current capitalistic trend (value due to scarcity).
@jackv6477
@jackv6477 3 года назад
What to do about poverty is to make more than one video, on what to do about poverty and then actually have the right formula oh, I'm not just have one video that's put up 7 years ago period is very easy. Economic freedom and a sound monetary system. The absence of these two and what is produced is actually what we use to determine the misery index. Thus the true source of all human-generated misery stems directly from Monopoly over economy and monetary system. Solve that problem and you solve the misery problem. Simple as that
@jamesberlo4298
@jamesberlo4298 5 лет назад
Get rid of Unions too.
@nigelhanson12
@nigelhanson12 5 лет назад
The idea of universal pre-k sounds great, but is worthless when the facts are examined. Yes, students who attend preschool in the US today tend to have a higher quality of life and success later in life, but this has nothing to do with pre-k itself. By the time a child reaches fourth grade the differences between those who attended pre-k and those who didn't isn't discernible. The kids who attended pre-k are no smarter than their peers by the time they reach middle school. The difference between pre-k and non pre-k is family structure. While pre-k is not taxpayer funded, a family must have expendable resources to pay for it. Households with a stable two parent nuclear family are much more likely to have the needed resources than unstable or single parent households. In the long run students from stable households are educated in the value of family structure and are provided both the discipline and empathy needed to be a good citizen. Students without a parent tend to grow up with minimal discipline and structure which makes it extremely difficlt to be successful. If we want more children to succeed we need to strengthen the family. Throwing more taxpayer money at a building sounds like a nice thing to do on a campaign stop, but is entirely worthless in the long run.
@cnrspiller3549
@cnrspiller3549 Год назад
As far as I can see the more towards socialism a country moves, the worse things tend to become. Also, I agree with the libertarian in this debate; there is no dignity in government handouts. There is not much dignity in charity either, except the opportunity to say 'thank you'. Having said 'thank you', this humbling act will surely give the recipient the impetus to make changes to their life if they can, in order to restore their dignity. Government handouts just engender a culture of entitlement. The left always misunderstand human nature. As they are humans themselves, this strikes me as perverse.
@helenhood69
@helenhood69 4 года назад
Minimum wage if fine if it goes up with inflation but America hasn't done that so get RID of minimum wage and employees will be able to bargain for their employment.....
@labortruthseeker7892
@labortruthseeker7892 10 лет назад
Steven Horwitz needs to read some history books.
@broark88
@broark88 2 года назад
Rational conclusions in economics are no more dogma than principles of geometry. Some things are true by logical necessity, and where so, empirical examples have nothing to add. Case in point, minimum wage. What a price floor means is that any transaction that would have taken place below the price floor is illegal. To the extent it's obeyed, all other things equal, a price floor will necessarily cause more unemployment than would otherwise be and to the degree of the floor's encroachment on the market clearing price. Only by using the methodologically incorrect approach to this question - empiricism - could you conclude that outlawing jobs would have no effect on employment.
@ABC1232622
@ABC1232622 10 лет назад
I saw the movie that was cliped in the begining and he was poor because he had to pay taxs! I mean he was poor before that but the taxis is what made him homeless.
@lSomeRandomGuyl
@lSomeRandomGuyl 6 лет назад
Bad money magagement and bad investments made him poor. To summarize it as taxes being the main culprit is dishonest.
@dostthouevenlogicbrethren1739
@dostthouevenlogicbrethren1739 5 лет назад
"I'm not worried about the dignity of charity givers, I'm worried about the dignity of the poor" Translation: I value life differently. THAT is why government is NOT the answer.
@andykaufman7620
@andykaufman7620 2 года назад
Many College age people who don't have a J-O-B, and living in Hyper Expensive places like San Francisco or New York know Poverty, if that is they are a normal person who comes from a Middle Class family or a real impoverished family, yet, since there are Scholarships for Poor Students and Not for Middle Class the Poor Student has it better off.. If you are of a Wamen or 'Person of Color' you are also better off as there are many Race and Gender based programs and scholarships for you out there. You have a struggle by choice, whereas the white straight guy who can't claim the Struggle has the real struggle of not qualifying for all those programs and scholarships. We need that movie. Hire a broke White guy to play it, not some millionaire actor like Mathew Mcconaughey, the white equivalent to Will Smith. No, hire a no-name Actor. Who is BROKE, and trust me you can fine that guy. They exists, in spades. They know Poverty. So are you obligated to do something by hiring one to be a Working actor? The most privileged people are Wamen of Color because they are both People of Color + Wamen = Privileged Elite.
@andykaufman7620
@andykaufman7620 2 года назад
What to do about Poverty. First thing hire a Millionaire to play a Poor person and a Privileged Kid child actor who in reality has an extremely privileged position to play a Poor kid. Then make it seem like Race and Poverty are linked and that Black people are Impoverished and have The Struggle. A struggle which no one else experiences. Reality is you could swap out the Race, have a Broke White Man and the same story occurs, the same points can be made. You could do this with any other Race too obviously, but this story, the Rags to Riches story is a common think so since they put a Black Man into the roll they literally put a Black Face on it. This then is the Rags to Riches story with a Black Face on it. There is nothing unique about being poor and black.
@robertwidecrantz6562
@robertwidecrantz6562 3 года назад
Absolutely morally correct! The difference between a believers thinking, and the thinking of a secular mind! Without God morality doesn't have a compass. How can you navigate this world without a compass. The secular compass is always changing meaning and direction!
@user-yn9mp4bt3q
@user-yn9mp4bt3q 3 года назад
End the fed Constitutional public owned banking only!
@user-yn9mp4bt3q
@user-yn9mp4bt3q 3 года назад
Want to know more? 🤔 this is a video about how Canadian banking was illegally changed to the same system America uses. There is a lesson for all Americans End the fed ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-coY-T11l2iI.html important topic effects everyone every day.
@user-yn9mp4bt3q
@user-yn9mp4bt3q 3 года назад
Or ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Bx5Sc3vWefE.html
@user-yn9mp4bt3q
@user-yn9mp4bt3q 3 года назад
Creating money out of thin air bankers are defacto slave masters. The fiat currency fraud is why poverty exists. Learn about debt money creation End the fed
@user-yn9mp4bt3q
@user-yn9mp4bt3q 3 года назад
Enslavement ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-s-pLJxqLiZc.html
@matthiasheinze1436
@matthiasheinze1436 5 лет назад
Occupational licensure laws are the curse of Western Civilizations. Wherever I go around the world, I find clear examples of their profound idiocy. I tried using Uber in Germany only to discover that an entrenched taxi owners cabal had made such thing impossible- the result are exorbitant fares and more relevant, the complete absence of service in small village rural Germany. Not only does that income opportunity not exist, in rural areas that don't have sufficient density for public transportation, the elderly, infirm and poor are effectively isolated as they were before the advent of the car. If it were not for the still existing social networks of family and friends the situation would be dire. But even that is changing with changing demographics. Driver licenses are also difficult and expensive to obtain with no benefit in the form of lower accident rates, in fact, the opposite is true.
@KromeDrone
@KromeDrone 10 лет назад
I disagree on the minimum wage mention. I firmly believe that that will give big corporations a gateway to gives less and less, since they can hire people who are willing to work at lower rates, which lowers the amount of LIVABLE jobs. Why hire Jerry, a full time worker, at $8 an hour for 40 hours, when you can hire Tom and Steve at, say $3 an hour for 20 hours a week? Sure, you have more people working but at lower rates and Jerry is out of a job that he needs. Especially in our market right now, where job's are scarce. I work a 40 hour a week job at $8 an hour and just make ends meet, and being paid less would mean I could not live. I think chains, franchises, and super stores should all have to enforce a minimum pay requirement, while I could see a small store pizza shop owner being able to bypass this but that would create a dispute between companies. To sum up: I really don't see how getting rid of the minimum wage would work in the current model economy we have now. Maybe if things change, we get to a comfortable level where inflation isn't running rampant, corporations DON'T have their hands in the pockets of the politicians, and we have an atmosphere that doesn't make the common person try to compete with another just to get a job at lower rates, I can see the minimum wage being gone but I think for the time being, removing it would cause a lot more harm than good.
@KromeDrone
@KromeDrone 10 лет назад
Furthermore, I'd like to say that we shouldn't have to be working two demanding jobs just to live a solitary life. Kids, spouses, and the such are different. As single person, you should be able to afford housing, food, transportation, and some money to save off a minimum wage job. I feel like if we live in an economy where you can't do that, then something is wrong.
@ZakKubin
@ZakKubin 10 лет назад
"Why hire Jerry, a full time worker, at $8 an hour for 40 hours, when you can hire Tom and Steve at, say $3 an hour for 20 hours a week? " Wages are primarily based on the productivity of the employee. To answer your question, Jerry at $8/hour has a higher productivity than Tom & Steve + the extra $2/hr he cost. To illustrate this point ask yourself, why do amazon, hospitals, law offices, etc pay workers wages far beyond the federal minimum wage when they could simply hire high school graduates at $7.25/hr? "Sure, you have more people working but at lower rates and Jerry is out of a job that he needs." From this clip it seemed the question was, how do we help the poor? By your own assessment you realize people willing to work for less with get jobs they otherwise wouldn't have. Who are these people willing to work for so little-disproportionately the poor, young, minorities. "I work a 40 hour a week job at $8 an hour and just make ends meet, and being paid less would mean I could not live." Imagine if we raised the minimum wage to $15/hr but your boss realized you only had a productivity of $10/hr. Your company would literally be $5/hr richer if they fired you. This is the thought process employers goes through when a unskilled worker ask for a job they aren't qualified for. You have to stop thinking about minimum wage law as a magically solution that creates wealth from no where. If this were the case third would nations need only to pass some legislation to fix their economies. Instead see it as it truly is, a barrier to employment and a restriction on individual liberty.
@FilosSofo
@FilosSofo 6 лет назад
hahaha, that is how these people think poverty looks like? hahahaha
@moguhoki
@moguhoki 10 лет назад
I was hoping for a what to do about poverty in the world & instead it just focused on here in the states. Making at least 12k a year in the world is considered rich. In the states it is considered poor (which all makes sense). Not saying that focusing on the states alone is bad, I was just hoping fort something more over arcing. The biggest thing I see with government intervention is that it has helped keep many people out of falling into poverty, & that the statistics shows that we have been growing out of it. Children are better off since before 1950's, & the elderly have seen the most improvements when it has come to getting out of poverty. So far I don't see anymore solutions than what has already been thought up for a long while now. Be happy you don't live on less than $900 a year like most of the population on earth.
@magister343
@magister343 10 лет назад
I can agree with Steven Horwitz's suggestions, but they do not go far enough. A major underlying cause of poverty is that which was most famously noted by Henry George in "Progress and Poverty." The problem comes from rent seeking behavior, particularly by land owners who control other individuals' access to scarce natural resources which we all need in order to survive but which are not the products of human labor and thus not valid private property. (The problem is a whole lot worse where there are governments which use public funding to protect these private monopolies, but could still happen if landlords relied instead of private guards. In such a case, they could themselves be considered micro-states.) Despite the way it is often taught today, the Homesteading principle as proposed by John Locke explicitly did not grant ownership of Land. Only the improvements which are the fruits of labor could be considered property. The Land itself could never be owned, although possession of land could be justified when it was necessary in order to secure control of the valid property on it. Unilaterally exerting a monopoly control of a plot of land was considered acceptable only under the conditions of the Lockean Proviso, requiring that the landholder leave as much and as good of any other would be homesteaders. This law of equal liberty was the moral underpinning of homesteading. Being a "Non-Proviso Lockean" makes about as much sense as being a "Christian who rejects the commandments to love God and your neighbors." The Lockean Proviso is rarely met in the real world, at least in more densely populated parts of the world. We know that it is being violated whenever the landlord is able to convince tenants to pay him land rent (separate from the payment for the use of any buildings or other improvements on the land). This rent is a measure of how seriously the land holder is aggression against the rest of the community. It is thus fair that the landlord compensate the rest of society for the act of holding the land out of the commons. There may be many ways to do this, but a redistributory Land Value Tax may be the most feasible. Since as an economic term Land comprising all natural resources, not merely the ground, the category of Land Value Taxes could include more than merely taxing the market value of physical space. It could also include the exclusive use of waterways, specific parts of the EM spectrum, tolls charged to reduce road congestion, etc. The LVT should not be charged merely for using resources, but only for preventing others from doing likewise. There is no need for the government to interfere with non-rivalrous uses. Most taxes are inefficient, causing significant deadweight losses and leaving the economy weaker. This is because they are a disincentive for production. We should never tax any produced good (except perhaps when trying to reduce the level of production to prevent negative externalities suffered by innocent parties). Income taxes, payroll taxes, tariffs, sales taxes, etc, are completely unacceptable. Land is not being produced, so its production cannot be disincentivized. AN LVT has zero dead weight losses, and can actually make the economy function more efficiently. Charging those who are speculating in land rather than using it would tend to cause them to either develop things on top of their land, or sell it off cheap enough for someone else to develop it. An LVT encourages urban infill, discouraging urban sprawl and making cit life more pleasant and efficient. It drives down housing rents relative to income. The sort of social safety net programs that are used by most governments are very bad ones. Means testing causes perverse incentives, where the poor are afraid to risk taking a job that might not be worth losing their benefits. We would not have such perverse incentives with a simple Universal Basic Income. With this, the poor could keep their benefits no matter how much else they are earning. (The rich could collect such benefits too, but it would not be as significant a part of their income. If there was a public domain list of recipients, it shouldn't be too hard to shame those who don't need the help not to accept it.) Real world experiments with basic income show that its recipients do not work significantly less and often end up working more. In the Angola experiment it was often used as seed capital for founding family businesses. In the Manitoba experiment only 2 demographics worked even slightly less: teens who had previously needed to work to support their poor families but were then enabled to put more effort into schooling, and working mothers children who were able to stay home with their small children when they were sick or get home early to help their children with homework rather than leaving them unattended all afternoon. Those are things likely to reduce poverty in the next generation. A Basic Income funded by bad taxes still has the bad effects of those taxes. It would also allow landlords (and other sellers of things which are in particularly inelastic demand) to charge more unless the policy was paired with a means of keeping the rents down. The best approach is to provide a Citizens' Dividend, a Basic Income Guarantee funded exclusively through Land Value Taxes. Redistributing the LVT per capita after the minimum administrative costs of government are paid would also provide an incentive for the poor to vote against wasteful government expenditures. If the Citizens' Dividend is given to children too, then it would go a long way towards paying for childhood medical costs and allowing parents to afford to send their children to private schools or home school. Charity still has an important role, but it is much better able to handle unexpected emergency situations rather than recurring costs like rent.
@xxcrysad3000xx
@xxcrysad3000xx 7 лет назад
Great post. Very interesting. Do you still believe in/adhere to this line of reasoning or has your thought changed from the time you wrote it?
@gdemetruliasjr
@gdemetruliasjr 10 лет назад
Eliminate poverty? 2 things. 1: Reduce the barriers to entry to enter the job market. There was a time when people who didn't even know how to read and they could get work. Low skill fields (retail, food service, etc) were seen as "basic" jobs, not fulfillment jobs (as in support a family). Cure? Incentivize job training programs so companies can train employees to do what they need. Stop funding debt through education when education isn't as high a rung on the ladder lately. 2: Criminalization is a symptom of opportunistic capitalism. Why did Will Smith go broke? He was hustled and went broke and his wife left. Why criminalize drugs, poverty, terrorism, etc? There's a huge government contractor market that makes billions off of "wars" on things. It's opportunity through politics and politicians fund raise around that.
@DirkSayers
@DirkSayers 10 лет назад
Let me start by observing I believe both Professors Reiman & Horowitz are dead on with regard to the war on drugs. It's a miserable failure & disproportionately affects men & women of color & @ the lower ends of the economic continuum. Both, however make some unqualified statements unsupported by evidence in this clip. The evidence may exist but I'm always suspicious of snippets alluding to statistical evidence not identified & attributed. We can neither confirm nor refute statements like this, because we don't know their contextual framework or in the case of statistics cited, the statistical validity of the instrument(s) used. But by far the silliest statement in this clip with Professor Horowitz' concern for the "dignity" of the successful if government obliges them to give some of the fruits of their success to the less advantaged. We've tried the lower taxes for the wealthy & the hypothesized "trickle down" effect since Mr. Reagan's tenure as president. Conspicuously absent in this discussion is the role of stewardship of the successful for the rest of the society from whom they've taken so much. To whom much is given, of them much is expected. What have they done? They have hung onto it. But don't take my word for it. See my post at the link following. dirksayers.com/west-of-tomorrow-and-the-romney-rumble-class-warfare-and-robber-barons-2-0/ and pay particular attention to the charts therein. (They come from a source much more reliable than me personally.) The truth is, the wealthy are wealthy because they have both a knack for making money AND for keeping it, even when they have WAY more than they need. The disingenuous remarks of Dr. Horowitz notwithstanding, that's why government is and must be in the business of stamping out poverty. Case closed, IMHO.
@gdemetruliasjr
@gdemetruliasjr 10 лет назад
Just to say, your blog and this reply are very well written. I agree with you on your major points. The "knack for making money" I feel is predicated on having money to invest. How many celebrities have you seen blow all their money on parties and entourages and are left broke in the wake of their stardom? Tons! Take that same "knack" person and put them in a different part of the country making minimum wage in a rough neighborhood, taking away all previous resources, and see what happens. Frankly, I don't know. I'd like to find out. I agree that statistics are loaded numbers. It is assumed that the numbers are based on truth and based on population tallied. Which part of the population is telling the truth? Good question. I also agree with stewardship. Look at the homeless guy who learned coding. He now has apps in the marketplace that are doing well. There was a homeless makeover video where a salon took homeless people and showed a transformation from raggedy to regular. It was AWESOME! A few of those people got jobs! They say it was the confidence they lacked for so long that gave them the energy to succeed. People are entrepreneurial when they are faced with their passion. Many people, way too many, don't get that opportunity or don't see it when it's there or don't think they can do it. Many, myself included, fell trap to the "I need to pay my bills this month" rut that is cyclically demoralizing. Given the right catalyst, the "downtrodden" can prove to be surprisingly "knackful", like "Pursuit of Happyness", "Trading Places (1983)", and others.
@DirkSayers
@DirkSayers 10 лет назад
Amen, Bra ! Good hearing from you, Greg! D
@gdemetruliasjr
@gdemetruliasjr 10 лет назад
Thanks Dirk! We need coffee one of these days... or wine. Whatever gets poured first!
@nakosimpson7459
@nakosimpson7459 2 года назад
Broki
@johnadan3509
@johnadan3509 4 года назад
If we observe the creation of god, in that creation exists ecosystems, that are perfect and work!!!!! E got observe how the things works and try to replicate and all got a certain rule! To fight poverty, we need a money generator, on top of the pirâmide in those communities, in that part is where the government got to act🤝we need a strong one to lift the small ones, if in that area is low skilled workers, that areas require factories or business and industry that requires in majority low skill workers!!!!! I strongly believe that to fight poverty work is the answer when people work don’t think in commit crimes when people work feel responsibility, the education that everything in the life requires work is fundamental, not give way free stuff 👉
@Jackripster69
@Jackripster69 10 лет назад
Hmm Reiman sasys private industry cant supply quality education for the poor, but everything else from food, cars, phones, clothes it can? Also i wonder where his morals come from to remove the right of low skilled people to work (min wage) and build their employment history, likewise taking via force to give to others at the cost of opportunity. If we go that path taxation should be flat and in a NiT format with no min wage. Enough to feed the family, enough to school children....go out and earn the rest.
@catsmadera5196
@catsmadera5196 2 года назад
Reverend is not a libertarian rather a socialist.
@MrJasonworkman
@MrJasonworkman 4 года назад
You think discrimination is a problem? Get off the stage.
@luckyone7878
@luckyone7878 7 лет назад
min. wage should be... zero
@johnadan3509
@johnadan3509 4 года назад
Leave out the country I don’t think divorce or marriage is the solution LEAVE ME
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