Latest / Yaron Brook Show / Live From Lisbon--Debate: ๐๐๐ ๐๐ค๐ง๐๐ก๐๐ฉ๐ฎ ๐ค๐ ๐พ๐๐ฅ๐๐ฉ๐๐ก๐๐จ๐ข W/ Miguel Morgado, Carlos Guimarรฃes Pinto, & Yaron
Transcript
- 0:03Speaker 1: Hello, everyone, Thank you so much for being here and supporting.
- 0:09Speaker 1: My name is Miguel Almela. I am part of the
- 0:11Speaker 1: Objectivism Portugal group. In conjunction with the Atlas Campus, we
- 0:15Speaker 1: have organized these conferences. We organized one in Portal last
- 0:20Speaker 1: Tuesday and we are organizing this one now in Lisbon today.
- 0:24Speaker 1: The conference will be about the morality of capitalism and
- 0:29Speaker 1: we want to answer the following question, if capitalism is moral,
- 0:33Speaker 1: why this isn't the right defended properly? And to do
- 0:38Speaker 1: that we are going to count with the help of
- 0:40Speaker 1: these three gentlemen. The first person I will introduce to
- 0:44Speaker 1: you is the chairman of the Iron ran Institute. He
- 0:49Speaker 1: is the author of Equalism, Unfair, Free Market Revolution and
- 0:54Speaker 1: in Pursuit of Wealth. He also hosts his own podcast.
- 0:58Speaker 1: It's called The Iron Broods Show, and if you like
- 1:01Speaker 1: what you hear today, you can just check it out.
- 1:04Speaker 1: And so please just put your hands together for your
- 1:08Speaker 1: on Brook. Thank you so much for being here. The
- 1:18Speaker 1: next person I'm introducing here today is someone that I
- 1:23Speaker 1: could stay here for the whole night talking about his accomplishments,
- 1:27Speaker 1: but I'll just say this he is He has a
- 1:30Speaker 1: PhD in economics, he's He's done a lot of things.
- 1:36Speaker 1: He is someone that we all Portuguese society, we all
- 1:42Speaker 1: should be very grateful for him pushing liberal ideas in
- 1:46Speaker 1: the European sense in Portugal. And he's just published another
- 1:49Speaker 1: book called Sorry, leave it a Lil mumund and please
- 1:58Speaker 1: just put your hands together for calls I spins. And
- 2:08Speaker 1: the next person I'm going to introduce here today is
- 2:12Speaker 1: someone that you all know for sure. He has a
- 2:17Speaker 1: pH d in political science. He's a professor, he's a
- 2:20Speaker 1: political commentator and analyst on Primetime TV. He's someone that
- 2:26Speaker 1: I admire for his bravery and intellectual capability. And he
- 2:32Speaker 1: just published his book on He's written many books, but
- 2:37Speaker 1: he just published his last book called in Troutsell, I
- 2:41Speaker 1: leave a lesion and please put chance together for you
- 2:52Speaker 1: and to help us moderate this discussion we have here today,
- 2:57Speaker 1: someone that at a very young age has already done
- 3:00Speaker 1: a lot. So I'm very proud to introduce someone that
- 3:05Speaker 1: is an investigator at E I at E E P
- 3:08Speaker 1: I E P sorry for in political science and basically
- 3:16Speaker 1: has written a book already. It was published in twenty
- 3:18Speaker 1: twenty three. It's called Mikhaelbachov, findwin Pert and she's a
- 3:27Speaker 1: writer at Espresso and a commentator and analyst at Now's
- 3:33Speaker 1: New and Observador for International Politics. So put yours together
- 3:38Speaker 1: for Daniel Lenunz.
- 3:39Speaker 2: Thank you so much, and the floor is yours.
- 3:41Speaker 3: Thank you, thank you, thank you. Miel can you can
- 3:48Speaker 3: you hear me? Is that fine? Okay? Good evening everyone.
- 3:52Speaker 3: Just before we start, I have prepared some welcoming words
- 3:56Speaker 3: to you, so welcome to our conference on the Morality
- 4:01Speaker 3: of Capitalism here at the beautiful tivoli of Nita Deliverdad.
- 4:07Speaker 3: It's really a pleasure to me to see such a
- 4:10Speaker 3: full room full of people who feel couriers, thoughtful and
- 4:16Speaker 3: probably ready to engage in new ideas and ideas that
- 4:22Speaker 3: truly matter for all of us. As you probably know,
- 4:26Speaker 3: tonight's event is actually part of the Road to Iron
- 4:31Speaker 3: Rent Conference twenty twenty six, bringing some of today's leading
- 4:36Speaker 3: voices on individual liberty and capitalism closer to audiences here
- 4:41Speaker 3: in Portugal. And our goal is actually very very simple.
- 4:47Speaker 3: It's to spark meaningful discussion, to challenge assumptions, and to
- 4:53Speaker 3: leave each of us with something to think about right
- 5:00Speaker 3: after this session. So thank you all for being here.
- 5:04Speaker 3: Whether you're a long time admirer of iron Rain's ideas
- 5:09Speaker 3: or just curious to hear new perspectives. You're in the
- 5:12Speaker 3: right place either way, so thank you very much, Miguel.
- 5:16Speaker 3: You have already done part of the job. So let
- 5:20Speaker 3: me just say that we're very fortunate to have such
- 5:25Speaker 3: a distinguished panel of speakers with us. The first one,
- 5:30Speaker 3: of course, Yarren Brooke, who is an economist and chairman
- 5:33Speaker 3: of the Iron Rain Institute. As you already know most
- 5:37Speaker 3: is one of the most well known advocates for capitalism
- 5:40Speaker 3: as a moral system and not just as an efficient one,
- 5:45Speaker 3: and his talks challenges to rethink the principles that underline freedom,
- 5:52Speaker 3: success and also human flourishing. And joining him we have
- 5:58Speaker 3: another two well known Portuguese voices in political and economic thought,
- 6:01Speaker 3: Migel Morgad and karg Shpintu. As you know as well,
- 6:06Speaker 3: Miguel Morgad was a member of the Portuguese Parliament from
- 6:08Speaker 3: twenty to fifteen to twenty nineteen and served as senior
- 6:11Speaker 3: political Advisor to the Prime Minister from twenty eleven to
- 6:15Speaker 3: twenty fifteen. He's also a senior fellow at the Institute
- 6:19Speaker 3: for Political Studies, from where I came from as well
- 6:23Speaker 3: and from where he holds a PhD in political science too,
- 6:26Speaker 3: as well as a familiar face to all those who
- 6:28Speaker 3: watch sign tes Kasgieve Shpintu is a member of the
- 6:33Speaker 3: Portuguese Parliament. He's He has served as president of Innicity
- 6:37Speaker 3: of Liberal from twenty eighteen to twenty nineteen, as well
- 6:40Speaker 3: as executive director of Institute to Much Liberdad. He is
- 6:44Speaker 3: also aldo also a PhD in economics from UNIFADU Portu.
- 6:49Speaker 3: So please join me in welcoming our guests. Thank you
- 6:53Speaker 3: very much.
- 6:55Speaker 4: Where the last yeas one of the.
- 7:01Speaker 3: Well we're going to get started in. My first question
- 7:05Speaker 3: goes right to Miguel, and it's actually a very simple one.
- 7:09Speaker 3: So Miguel, in a sentence, and please in the sentence,
- 7:13Speaker 3: what is capitalism.
- 7:17Speaker 4: It's a novel way of organizing production and consumption of goods.
- 7:21Speaker 4: It's the modern economic form par excellence, without any historical precedent.
- 7:29Speaker 3: Okay, Carus, anything to add to this definition.
- 7:34Speaker 2: No, I disagree completely with this definition. I don't think
- 7:38Speaker 2: it's a novel way whatsoever. I think it's the way
- 7:41Speaker 2: that people have lived for centuries and millennials. We just
- 7:45Speaker 2: decided in the nineteenth century to call reality capitalism. But
- 7:50Speaker 2: I cannot explain that in one sentence. If I have
- 7:52Speaker 2: more time, i'll do it after Why Why I think
- 7:55Speaker 2: capitalism just normal life and we just decided to that recently.
- 8:01Speaker 3: Okay, you're on. You definitely have something to add.
- 8:04Speaker 5: Yes, I'll disagree with both of you. I think capitalism
- 8:09Speaker 5: is an innovation. It's an innovation that is a consequence
- 8:12Speaker 5: of the discovery of the concept of individual rights. It
- 8:15Speaker 5: is the system political, social economic system that recognizes individual
- 8:20Speaker 5: rights and where the government's sole responsibility only responsibility is
- 8:24Speaker 5: the protection of those rights, and where all property is
- 8:27Speaker 5: privately owned.
- 8:28Speaker 6: It's an unknown ideal.
- 8:31Speaker 3: Okay, so you in a few words you have mentioned
- 8:37Speaker 3: individual responsibility, property rights, and I'd like to ask you
- 8:45Speaker 3: why is that such a crucial fundamental part of your
- 8:49Speaker 3: definition of capitalism. Why does it matter that much?
- 8:54Speaker 5: Well, I think something changed in the beginning of the
- 8:58Speaker 5: nineteenth century, something fundamentally changed there. You know, people call
- 9:02Speaker 5: it the industrial evolution, or it's more than that, because
- 9:04Speaker 5: it was political, it was social, it was cultural. And
- 9:07Speaker 5: since then we've seen this hockey stick phenomena. We've seen
- 9:10Speaker 5: wealth grow exponentially at a rate and in a way
- 9:15Speaker 5: that we haven't experienced in you know, one hundred thousand
- 9:18Speaker 5: years or more of human history.
- 9:20Speaker 6: So something unique changed.
- 9:23Speaker 5: And if you look at what that is, it is
- 9:26Speaker 5: it really, I think is symbolized by the founding of America.
- 9:30Speaker 5: It's symbolized by this idea that individuals ends in themselves
- 9:35Speaker 5: they have rights. The government should stay out of their
- 9:38Speaker 5: lives other than to protect those rights. And property is
- 9:42Speaker 5: essential for life, the fundamental right. There's only one right really,
- 9:46Speaker 5: of all the rights, there's only one, and that is
- 9:48Speaker 5: the right to life. And the property is a manifestation
- 9:51Speaker 5: of that right. You can't have a right to life
- 9:53Speaker 5: if you don't have a right to the stuff that
- 9:55Speaker 5: you create, that you make. So you observe that that
- 10:00Speaker 5: this recognition of rights happens, people are left free for
- 10:03Speaker 5: the first time in human history. They're left free to
- 10:06Speaker 5: pursue their own lives. There's a recognition that you know,
- 10:12Speaker 5: reason is is efficacious and powerful and and oh wow,
- 10:17Speaker 5: all right, unexpected, you know, all right, yeah, I guess,
- 10:35Speaker 5: I guess.
- 10:35Speaker 6: So the size of a group. Yeah, absolutely, they didn't.
- 10:38Speaker 2: Throw paint that you you should consider yourself lucky. They
- 10:41Speaker 2: didn't throw anything at you.
- 10:42Speaker 6: Oh, no, I had a lot worse, believe me, a
- 10:45Speaker 6: lot worse.
- 10:47Speaker 5: She didn't have her face covered and she didn't stage,
- 10:49Speaker 5: so we didn't get antea for here.
- 10:53Speaker 3: Oh sorry, it's not time for questions from the audience. Okay, please,
- 11:02Speaker 3: it's not the time for questions from the audience. It's
- 11:07Speaker 3: not the time for questions from the audience.
- 11:13Speaker 6: Oh so there we go. Okay, So keeping you, there's
- 11:26Speaker 6: going to be more.
- 11:27Speaker 5: I think, all right, we'll see all right, So say
- 11:31Speaker 5: individual rates people are liberated, the free. They have an
- 11:36Speaker 5: opportunity to pursue their own values, their own goals, free
- 11:39Speaker 5: of cosion, free of force. Suddenly in the early part
- 11:42Speaker 5: of the of the nineteenth century, late part of the
- 11:44Speaker 5: eighteenth century in some parts of Europe and the United States.
- 11:47Speaker 5: And what you get is the manifestation of this freedom
- 11:50Speaker 5: is a boost of entrepreneurial activity, business activity, wealth creation,
- 11:55Speaker 5: and we call that capitalism. Marks looked around, I mean marks,
- 11:59Speaker 5: the large sent help define this Tom. But he looked
- 12:02Speaker 5: around at what he saw was real, and he actually
- 12:04Speaker 5: describes it pretty well. I mean to Marxist credit, you know,
- 12:08Speaker 5: which is different than a lot of the Marxists today.
- 12:10Speaker 5: He recognized what's going on around him, and he sees
- 12:13Speaker 5: the wealth being created in the rising stand of living.
- 12:16Speaker 5: He mistook it to it and he believes it's gonna
- 12:19Speaker 5: lead to all these hollers. But he sees something real
- 12:22Speaker 5: and he called it capitalism. Okay, we you know, quite
- 12:24Speaker 5: happy to take that term. Capital comes from head, which
- 12:29Speaker 5: means mine think from Latin. Uh And if not a
- 12:32Speaker 5: bad not a bad term. So capitalism is the term
- 12:35Speaker 5: describing this phenomena explosion of productivity as a consequence of freedom.
- 12:40Speaker 3: Okay, thank you.
- 12:41Speaker 1: So I presume we.
- 12:46Speaker 6: The door is over there. I'm not gonna respond. Not
- 12:52Speaker 6: the topic another time, another place. H m hmmm.
- 13:39Speaker 3: Shall we keep going?
- 13:41Speaker 6: Okay?
- 13:42Speaker 2: Uh?
- 13:42Speaker 3: As I was saying, I presume we need to state
- 13:47Speaker 3: first of all, to exist and then to develop some
- 13:49Speaker 3: part of the work. So, miguel, what work or in
- 13:54Speaker 3: what sectors should the government be involved when it comes
- 13:59Speaker 3: to a capitalist society in your view?
- 14:02Speaker 4: Of course, capitalism has been evolving for a long time
- 14:05Speaker 4: and adjusting to different social needs. I mean, there's this
- 14:09Speaker 4: big argument since the late nineteenth century among liberals about
- 14:14Speaker 4: what the states should do in order to make effective
- 14:20Speaker 4: the protection of human rights, of individual rights and some
- 14:24Speaker 4: of the liberals actually came to the conclusion that the
- 14:27Speaker 4: state had a lot of things to do, had a
- 14:30Speaker 4: lot of responsibilities that it had to take, for instance,
- 14:33Speaker 4: to make sure that no one is miserably poor, make
- 14:37Speaker 4: sure that no one works for a miserable wage, make
- 14:42Speaker 4: sure that people have access to healthcare or to education.
- 14:47Speaker 4: So you know, I disagreed deeply with your own because
- 14:52Speaker 4: it makes capitalism and social system, while in fact it
- 14:55Speaker 4: is not. Capitalism only makes sense since that moment in
- 15:00Speaker 4: time when in Western consciousness we started to think that
- 15:04Speaker 4: we live in different dimensions political dimension on one side
- 15:08Speaker 4: and social demenson on the other side, but an economic
- 15:11Speaker 4: dimension on the other. It's all a fiction. As we
- 15:13Speaker 4: all know, we are not economic beings or political beings.
- 15:16Speaker 4: We are total beings. But anyway, we started to think
- 15:18Speaker 4: of ourselves as parttaking of all these dimensions, and capitalism
- 15:24Speaker 4: describes one way, one historical novel, absolutely novel without precedent
- 15:31Speaker 4: in history, of organizing our so called economic life. But
- 15:36Speaker 4: then again, what sort of economic life is adjusted to
- 15:41Speaker 4: the liberal ideal, which is that everyone is free. That
- 15:47Speaker 4: leaves a kind of freedom in which equality is an ingredient.
- 15:51Speaker 4: So at the end of the nineteenth century beginning of
- 15:54Speaker 4: the twentieth century, a lot of people started to think, well,
- 15:56Speaker 4: liberalism is supposedly about the emancipation of every single individual,
- 16:02Speaker 4: and for that task we need the power of the state.
- 16:07Speaker 4: We need to tax the rich, get a lot of
- 16:09Speaker 4: fiscal resources, and distribute wealth. And even if some sort
- 16:16Speaker 4: of goods, of economic goods are not available in the
- 16:21Speaker 4: amount that we want, then the state should assume that
- 16:25Speaker 4: responsibility as well, and so on and so forth. So
- 16:29Speaker 4: even in the family of liberals from the nineteenth century onwards,
- 16:36Speaker 4: there's this big route, this big discussion, this big argument,
- 16:41Speaker 4: even a fracture within the liberal family. That's perhaps some
- 16:47Speaker 4: of the liberal slash capitalist tenets, that is, the sanctity
- 16:52Speaker 4: of the right of property, the sanctity of freedom of
- 16:55Speaker 4: contract should actually be conditioned were limited, And that's why
- 17:03Speaker 4: we have the current state of politics in the West.
- 17:06Speaker 4: We are all, in one sense or the other liberals,
- 17:09Speaker 4: because we all want society in which everyone is free.
- 17:14Speaker 4: So in that sense, liberalism one. But there's this division
- 17:18Speaker 4: between the left and right because the liberals have themselves
- 17:22Speaker 4: divided around this question. Is it true that only the
- 17:28Speaker 4: freedom to act as economic being without any political or
- 17:32Speaker 4: state restraints lead to this emancipation of each individual, or
- 17:38Speaker 4: on the contrary, we need the state to emancipate each
- 17:42Speaker 4: and every one of us, at least the poorest of us,
- 17:46Speaker 4: the most vulnerable of us in society. So this is
- 17:49Speaker 4: an argument around within the liberal family.
- 17:54Speaker 3: Can you tell us, then, what's the difference between the
- 17:59Speaker 3: capitalists society that Miguel was describing and a socialist society.
- 18:06Speaker 2: Fart by saying why I was teasing earlier on about capitalism,
- 18:11Speaker 2: I think it's important to speak about this. I think
- 18:15Speaker 2: capitalism is in the human nature itself. We always wanted
- 18:19Speaker 2: to work, we always wanted to save, we always wanted
- 18:24Speaker 2: to trade, So that was always part of the human being.
- 18:29Speaker 2: What we call the emergence of capitalism in the nineteenth century,
- 18:34Speaker 2: it's basically the creation of the institutional setting that allowed
- 18:38Speaker 2: human beings that already were capitalistic in the sense that
- 18:42Speaker 2: they wanted to work, they wanted to trade, they wanted
- 18:44Speaker 2: to invest. That that has always always happened. I have
- 18:48Speaker 2: a friend that is somewhere there that is telling me
- 18:51Speaker 2: that that capitalism was the world that was actually created
- 18:56Speaker 2: in nineteenth center by anti capitalists. To describe the world
- 19:00Speaker 2: as it is. So they found out because there's always
- 19:04Speaker 2: problems with the world, they identified a few issues that
- 19:08Speaker 2: the world had because it will it had, it will
- 19:11Speaker 2: always have, and they decided to call it capitalism. So
- 19:14Speaker 2: they called a capitalism to reality as it was. What
- 19:18Speaker 2: I think, this hockeyistic development that we saw from the
- 19:24Speaker 2: nineteenth century was not the creation of capitalism, because capitalism
- 19:28Speaker 2: was already there. It was the creation of the institutional
- 19:33Speaker 2: setting that allowed capitalism to thrive, that allowed for people
- 19:39Speaker 2: to have equal rights, that allowed people to save, to
- 19:42Speaker 2: have property rights that was essential to be able to
- 19:45Speaker 2: save in the long term, to do proper training, et cetera.
- 19:49Speaker 2: And that, yes, that the creation of that institutional setting,
- 19:54Speaker 2: with all the liberal revolutions allowed, with all the rights
- 19:59Speaker 2: that came from these revolutions, allowed them for this huge
- 20:03Speaker 2: development that we have seen. And we must not forget
- 20:08Speaker 2: how huge this development was. If we think about how
- 20:13Speaker 2: a peasant lived in the eighteenth nineteenth century, and it
- 20:18Speaker 2: was not very different from a peasant lived two thousand
- 20:22Speaker 2: years before. There was not there were small technological developments,
- 20:26Speaker 2: But if we compare that and how a regular person
- 20:32Speaker 2: living in the beginning of the eighteenth century or in
- 20:34Speaker 2: the middle of the eighteenth century compared with anyone two
- 20:38Speaker 2: thousand years earlier, there was no big difference. They had
- 20:42Speaker 2: to work from day to night to eat their children.
- 20:46Speaker 2: Half of the children would die. They would die before
- 20:49Speaker 2: they would turn forty. And if we compare the what
- 20:55Speaker 2: even the poorest of the people today in developed society
- 20:59Speaker 2: is leave. There was a huge jump in the quality
- 21:03Speaker 2: of life. And that was what that institutional setting meaning
- 21:08Speaker 2: letting capitalism actually work to the good of people, brought
- 21:12Speaker 2: to us. And I think that's the biggest, the biggest
- 21:14Speaker 2: change of that we've faced in the last three hundred years.
- 21:19Speaker 3: Okay, I understood. So let's deepen our conversation into the
- 21:24Speaker 3: topic that we want to understand, which is why capitalism
- 21:29Speaker 3: is a moral social system. So roon, let me ask
- 21:34Speaker 3: you what is morality from your point of view and
- 21:39Speaker 3: how can we integrate that idea of morality in this
- 21:45Speaker 3: debate on capitalist societies and capitalism itself.
- 21:50Speaker 5: Well, I think a moral system or morality is a
- 21:54Speaker 5: code of values by which human beings can live their lives.
- 21:59Speaker 6: The distinguish between what is pro they lives, what is.
- 22:03Speaker 5: Good for them, and what is bad for them. That
- 22:05Speaker 5: it is a guide to living life well. It is
- 22:08Speaker 5: a guide to human flourishing. And I think one of
- 22:13Speaker 5: the things that human beings need in order to live
- 22:17Speaker 5: a moral life and to achieve their flourishing, to achieve happiness,
- 22:20Speaker 5: to achieve prosperity, is they need freedom.
- 22:25Speaker 6: But we need to be careful about the word freedom.
- 22:27Speaker 5: Freedom is a wood, and I think will probably disagree
- 22:30Speaker 5: about even what freedom means, right, because I mean, you
- 22:33Speaker 5: can go in front of any group of people and
- 22:36Speaker 5: ask them do you believe in freedom, and everybody, a
- 22:40Speaker 5: group of communists, a group of fascists, everybody will say yes,
- 22:44Speaker 5: because they're all.
- 22:45Speaker 6: Defining it very, very differently.
- 22:48Speaker 5: I believe freedom is the absence of collusion, the absence
- 22:55Speaker 5: of force, the ability to live your life based on
- 22:58Speaker 5: your own values, your own thought, reasons, your own reason
- 23:03Speaker 5: in pursuit of your own happiness, with nobody inflicting violence
- 23:09Speaker 5: and force and causion, and an authority to tell you
- 23:11Speaker 5: what you can and cannot do. So I you know, so,
- 23:14Speaker 5: so I think morally, I reject the idea that we
- 23:18Speaker 5: can tax some people because we want to give it
- 23:20Speaker 5: to somebody else, because they're suffering right now, and these
- 23:23Speaker 5: people are doing better than those people, so we should
- 23:25Speaker 5: tax them and give it to them. I mean, we
- 23:28Speaker 5: used to call that theft, and and you know now
- 23:31Speaker 5: we've created state institutions to kind of facilitate that, and
- 23:35Speaker 5: it's no longer theft.
- 23:36Speaker 6: Fine, but the reality is that that is them.
- 23:40Speaker 5: We've taken freedom away from some in order not to
- 23:43Speaker 5: enhance the freedom of others, but to make them dependent.
- 23:46Speaker 5: So I think it's destructive. I think it's anti freedom.
- 23:49Speaker 5: You're not liberating anybody. So a moral system is that
- 23:54Speaker 5: which leaves individuals free, free of coursion, free of force.
- 23:57Speaker 5: It's not a system that facilitates. It's not freedom is
- 24:01Speaker 5: not It's a positive in terms.
- 24:03Speaker 6: Of it allows people to do stuff.
- 24:05Speaker 5: It's not a positive in terms of it gives people
- 24:08Speaker 5: or provides them with values.
- 24:10Speaker 3: Okay, So basically uron is kind of titing that what
- 24:15Speaker 3: Miguel and Carlous just said about capitalism just a while
- 24:20Speaker 3: ago is not really capitalism but some kind of mixed economy.
- 24:25Speaker 5: Yes, I would define what we have today in the world,
- 24:29Speaker 5: and really we've always had to some extent is a
- 24:31Speaker 5: mixture of capitalism and elements of statism, whether you call
- 24:34Speaker 5: it socialism or other form of statism, the elements of
- 24:37Speaker 5: both private.
- 24:38Speaker 6: Property, some freedom you can or to them all.
- 24:40Speaker 5: You can buy pretty much what you wanted, though we're
- 24:42Speaker 5: going to be taxed in between, with a vat or
- 24:44Speaker 5: a sales tax. So there's the state force is always there,
- 24:48Speaker 5: but it's a mixture of some freedom and a lot
- 24:51Speaker 5: of controls. And different countries have different levels of a
- 24:55Speaker 5: little bit more freedom, a little bit less freedom. But
- 24:58Speaker 5: we have these mixtures, and we usually a debating kind
- 25:02Speaker 5: of different little variations right, a little shift this way,
- 25:05Speaker 5: or you know, left or right, or whatever you want
- 25:07Speaker 5: to describe it. And what I'm arguing is there is
- 25:10Speaker 5: a system called capitalism that's out here. It's an ideal.
- 25:14Speaker 5: It purifies it from all the statism. The state is
- 25:17Speaker 5: necessary for very few things. You asked before, what should
- 25:21Speaker 5: the state?
- 25:21Speaker 4: Do you know?
- 25:22Speaker 5: For exactly what the state is built for. It's it's
- 25:26Speaker 5: there to protect our rights. To do that, you need
- 25:28Speaker 5: a military or police force and a judiciary. Other than that,
- 25:32Speaker 5: you need nothing. It needs to be able to arbitrate
- 25:34Speaker 5: issues of individual rights. It needs to protect us from
- 25:38Speaker 5: the use of force, from coersion, from people stealing our stuff,
- 25:42Speaker 5: taking our stuff, or silencing us. Like some people try
- 25:46Speaker 5: to do here. That is the role, that is the
- 25:49Speaker 5: role of the state. Other than that, the state has
- 25:52Speaker 5: no role. Any other role it takes on is by
- 25:55Speaker 5: definition of violation of rights. And therefore, and move away from.
- 25:59Speaker 6: Freedom, then.
- 26:02Speaker 3: Why then should governments do more than just protect individual
- 26:08Speaker 3: and property rights, Just like Iran was mentioning, why I.
- 26:14Speaker 2: Understand that having this internally coherent vision of the world,
- 26:19Speaker 2: that and any type of of of taxation is some
- 26:24Speaker 2: sort of of of cohercion, and so there shouldn't be
- 26:28Speaker 2: any there. And that departs from a standpoint that I
- 26:33Speaker 2: do not have, which is a fully individualistic standpoint that
- 26:37Speaker 2: we there's no values, that we don't have values as
- 26:41Speaker 2: the community. And I do believe that we do have
- 26:45Speaker 2: some values as a community, and we do have responsibilities
- 26:49Speaker 2: towards each other, and and they should be assured by
- 26:52Speaker 2: by by taxation, by some level of taxation. Of course,
- 26:57Speaker 2: as we were speaking yesterday, there's there are certain degrees
- 27:01Speaker 2: of this. Yesterday we were speaking about on one extreme
- 27:05Speaker 2: full capitalism, which I don't like to call it full capitalism,
- 27:08Speaker 2: but full individualism, I would say, and on the other
- 27:12Speaker 2: extreme full communism. And neither of these has ever been tried.
- 27:17Speaker 2: So we ask anyone has has this ever been tried?
- 27:22Speaker 2: And no one can give one one full example. And
- 27:25Speaker 2: you aren't told me, which is true, that it's true
- 27:28Speaker 2: that we haven't tried any of these extremes. But the
- 27:31Speaker 2: more we get close to one of the extremes communism,
- 27:34Speaker 2: the more misery we create, the more we get closer
- 27:37Speaker 2: to the other, and the more development we have and
- 27:41Speaker 2: so on, which is which is true. But there's also
- 27:44Speaker 2: probably a reason why we do not get so close
- 27:47Speaker 2: to that extreme and and societies tend, even developed societies
- 27:53Speaker 2: that have that provides a lot of well being to
- 27:57Speaker 2: their members, do not get even close to this level,
- 28:01Speaker 2: this extreme level. And it's because there's there is a
- 28:04Speaker 2: sense of community. We have the sense that our children
- 28:08Speaker 2: cannot go without the education, so we need to ensure
- 28:12Speaker 2: that we have the sense that we cannot leave anyone
- 28:17Speaker 2: to die of hunger. And yes, it's true, I know
- 28:20Speaker 2: that there would be voluntary ways to uh to provide
- 28:24Speaker 2: the education to children, to provide to provide health care.
- 28:28Speaker 2: But then but then we would have another problem that
- 28:30Speaker 2: everyone would wait for everyone else to do that. So
- 28:35Speaker 2: we would benefit from the social cohesion all of us
- 28:38Speaker 2: would benefit from it, but then we would wait for
- 28:42Speaker 2: anyone else. And that's the reason why, why why we
- 28:45Speaker 2: need government to ensure this, this base level of of
- 28:50Speaker 2: of welfare, to ensure that no children goes without the education,
- 28:54Speaker 2: that anyone that falls into uh a severe health problem
- 28:59Speaker 2: has a type of support that no one dies of
- 29:02Speaker 2: hungary in elderly age. And I do believe there's a
- 29:05Speaker 2: there's a role for that, and yes, we we will
- 29:08Speaker 2: need some cohercion in order to do that. And that
- 29:11Speaker 2: does not destroy my my belief in in capitalism much less.
- 29:15Speaker 2: I think these these are pillars that we we need
- 29:19Speaker 2: for capitalism to work and h and to have democratic
- 29:25Speaker 2: alision to the capitalist values.
- 29:28Speaker 3: Miguel I, I presume you kind of agree with with Carlush,
- 29:31Speaker 3: But tell if tell us if you if you do,
- 29:35Speaker 3: And concerning taxation, tell us, is it moral for a
- 29:40Speaker 3: government to collect taxes from the people, of course, to
- 29:45Speaker 3: to perform some kind of activities in in societies and
- 29:53Speaker 3: which ones and why?
- 29:55Speaker 4: Well, let me start by saying why I disagree with
- 29:58Speaker 4: your own when as if society needs government besides providing
- 30:06Speaker 4: the you know, the judiciary function, security function, defense function.
- 30:12Speaker 4: My short answer would be such a society wouldn't be
- 30:18Speaker 4: would not be a free society. And I'll give you
- 30:22Speaker 4: a reason. There's many reasons why I say this, I'll do.
- 30:25Speaker 4: Let me just give you an example, just for the
- 30:27Speaker 4: sake of argument. Human beings, contrariwise to the revolutionary liberal motto,
- 30:38Speaker 4: are not born free. Every one of us knows that
- 30:43Speaker 4: we are not born free. We are born every one
- 30:47Speaker 4: of us was born in an absolute state of subjection.
- 30:52Speaker 4: What is a baby just born, just thrown out in
- 30:57Speaker 4: the world. There's no example in the world of nature
- 31:01Speaker 4: of such a state of subjection and total dependence than
- 31:05Speaker 4: a human being just born. Why is it important? Why
- 31:09Speaker 4: does it matter? Because it the survival of the human
- 31:13Speaker 4: race requires authority, the presence, the existence, the functioning of
- 31:20Speaker 4: authority from day one of our individual existence, and that
- 31:25Speaker 4: has a whole universe of consequences even after we are born.
- 31:32Speaker 4: So we are not born free, but we are born
- 31:38Speaker 4: to freedom. That's a very different thing. So we need
- 31:42Speaker 4: to be prepared to be free beings in our own future.
- 31:46Speaker 4: So we need authority to guide us. You can call
- 31:49Speaker 4: it religion, you can call it parental authority, you can
- 31:52Speaker 4: call it whatever you want. But you cannot dispense with authority.
- 31:57Speaker 4: That was one of the big mistakes of you know,
- 32:00Speaker 4: the second and third wave of liberalism since the nineteenth
- 32:04Speaker 4: century onwards. Although first generation liberals in the seventeenth century
- 32:09Speaker 4: they all understood that, but then it was forgotten for many,
- 32:14Speaker 4: many reasons. So on top of that, you have to
- 32:19Speaker 4: say that freedom, like Urin was saying, everyone wants freedom.
- 32:26Speaker 4: Why is it so? Because freedom has moral value. That's
- 32:31Speaker 4: the reason why we think freedom is a good. Even
- 32:35Speaker 4: when we say that freedom is that particular good that
- 32:37Speaker 4: allows for the fruition of every other remaining good, it's
- 32:42Speaker 4: a good. It has a moral value. So if freedom
- 32:46Speaker 4: is valued because it has moral value, it's because freedom
- 32:52Speaker 4: allows us not to live according to radical contingency, That
- 32:57Speaker 4: is to say, we don't value life that is hostage
- 33:04Speaker 4: to arbitrariness. Arbitrariness has no moral value. So we organize
- 33:14Speaker 4: ourselves in societies. In full functioning societies, there are human
- 33:21Speaker 4: communities in order to be stable, need to be organized
- 33:26Speaker 4: around the principle of governance. Again, the principle of authority,
- 33:30Speaker 4: and that implies that freedom is not limitless. This human
- 33:36Speaker 4: community needs to be governed. So now we say, well,
- 33:41Speaker 4: we want to be free, because everyone has the right
- 33:45Speaker 4: to do whatever they want, just to respond to corlige
- 33:49Speaker 4: given and spins. One of the reasons that it cannot
- 33:51Speaker 4: say that capitalism is just the name that the enemies
- 33:55Speaker 4: of capitalism came up with to describe what we were
- 34:00Speaker 4: doing as mankind for millennium. And here Jaron and I
- 34:05Speaker 4: are in agreement, of course, that this is an absolute
- 34:07Speaker 4: novelty is for the simple reason that no one, no
- 34:13Speaker 4: group of people anywhere in the south, in the north,
- 34:17Speaker 4: in the east, in the west of the world, before say,
- 34:22Speaker 4: the nineteenth century, every thought that as a pside could
- 34:26Speaker 4: be ruled and lived in which each individual would make
- 34:31Speaker 4: up his own mind about what is supremely good for himself.
- 34:35Speaker 4: There's no such an example in the past and the
- 34:38Speaker 4: history of mankind. It's as simple as that, either we
- 34:41Speaker 4: ask the gods to let us know what it was good,
- 34:45Speaker 4: or some priests or some ruler, or some you know,
- 34:50Speaker 4: old man wiser than we were. We never lived according
- 34:54Speaker 4: to this moral notion that we can only agree to
- 35:00Speaker 4: what is evil, but not we cannot agree. We cannot
- 35:05Speaker 4: come up to an agreement concerning what is good to
- 35:09Speaker 4: everyone of us that is new, and without that moral outlook,
- 35:15Speaker 4: there's no capitalism. Capitalism depends on this new moral framework
- 35:21Speaker 4: that Urine can call it freedom. It's a good name
- 35:25Speaker 4: as anyone else, as anything else, but it's a different
- 35:30Speaker 4: moral outlook, a different moral horizon, and it's new. It's
- 35:34Speaker 4: radically new, and it came not from the spontaneous action
- 35:39Speaker 4: of human individuals. It came from the mind of a
- 35:43Speaker 4: very few number of thinkers actually in Europe, in the West,
- 35:50Speaker 4: not outside the West, in the West. So it's everything
- 35:54Speaker 4: but old, everything but spontaneous. So what should I mean taxation?
- 35:59Speaker 5: Is?
- 36:00Speaker 7: Is it.
- 36:01Speaker 6: Legitimate?
- 36:03Speaker 4: We must agree that, of course it is, according to
- 36:07Speaker 4: which principle is taxation legitimate? According to the liberal principle consent?
- 36:13Speaker 4: If people consent to being taxed, well it becomes legitimate.
- 36:18Speaker 4: I mean, I'm just repeating what liberals have been saying
- 36:21Speaker 4: for centuries.
- 36:23Speaker 8: Now.
- 36:23Speaker 4: Taxation with no consent, all right, that should that is illegitimate,
- 36:30Speaker 4: should be disobeyed, should be immoral. But once it's consented to, well,
- 36:36Speaker 4: taxation is legitimate. Now we must ask the question to
- 36:40Speaker 4: what degree should taxation go to to what kinds, to
- 36:44Speaker 4: what kind of objects should state taxation be directed to
- 36:49Speaker 4: which is more efficient, which one is less efficient. But
- 36:54Speaker 4: that's a different kind of conversation.
- 36:58Speaker 3: I would say, Uh, I want to say something. Just
- 37:03Speaker 3: just let me just let me ask you concerning what
- 37:07Speaker 3: Miguel just said, and Cardles as well. I cannot resist
- 37:12Speaker 3: asking you, and I know you have something else to say.
- 37:16Speaker 3: But shouldn't governments provide at least I don't know, roads, healthcare, education,
- 37:29Speaker 3: or if not provide, shouldn't governments pay the private sector
- 37:34Speaker 3: to do it?
- 37:37Speaker 6: Yeah, so there's a lot to say that.
- 37:40Speaker 5: That was pretty dense and a lot of a lot
- 37:42Speaker 5: of interesting contents, some of which I agree, so most
- 37:45Speaker 5: of which I don't. Let me let me just let
- 37:49Speaker 5: me comment on this idea that we're born dependent, and
- 37:52Speaker 5: we certainly are born dependent, there's no question we're completely
- 37:54Speaker 5: dependent on the authority.
- 37:56Speaker 4: Of the parent.
- 37:57Speaker 5: To extrapolate from our state as children to our state
- 38:01Speaker 5: as adults. Is I think a big mistake. We are
- 38:04Speaker 5: born without the capacity to reason, we are born without
- 38:07Speaker 5: the capacity to think, We're born without the capacity to
- 38:11Speaker 5: be rash.
- 38:11Speaker 6: We have that potential and.
- 38:12Speaker 5: We develop it through childhood, and the whole point of
- 38:15Speaker 5: parenting at the end of the day is not to
- 38:17Speaker 5: inflict some authority on the child, but to guide the
- 38:22Speaker 5: child towards independence, That is, to guide the child towards
- 38:26Speaker 5: being able to use his own mind in pursuit of
- 38:28Speaker 5: his own values, in pursuit of his own life. We
- 38:32Speaker 5: guide the child to be an independent human being who
- 38:34Speaker 5: can think and take care of himself. And indeed, I
- 38:37Speaker 5: think the biggest revolution that makes capitalism possible if you
- 38:41Speaker 5: think about the eighteenth century, and we talked about the
- 38:43Speaker 5: few people that make it possible, and I think it
- 38:45Speaker 5: is a few people. Maybe the most important person is
- 38:50Speaker 5: somebody like Newton, right, not a political philosopher, but a
- 38:54Speaker 5: scientist who shows us the capacity of reason to understand
- 38:58Speaker 5: the world, the efficacy of science, that we no longer
- 39:03Speaker 5: have to depend on authority of the past, whether those
- 39:06Speaker 5: authority is of religion or whether those authorities are ancient philosophies.
- 39:10Speaker 5: The philosophers who are the Scholastics and others took verbatim
- 39:16Speaker 5: right as the word of God. In a sense, but
- 39:19Speaker 5: we can think for ourselves. Everybody has the capacity to
- 39:22Speaker 5: reason and therefore think for himself, and therefore to be
- 39:25Speaker 5: an independent agent.
- 39:27Speaker 6: And that doesn't mean to be on a desert island.
- 39:30Speaker 5: That means they interact with other people as an independent
- 39:33Speaker 5: agent in trading relationships. So I, I you know, the
- 39:37Speaker 5: whole point is adulthood is when you don't need authority anymore.
- 39:42Speaker 5: You need values, You need a philosophy to guide your life.
- 39:45Speaker 5: You need experts to tell you you know, you know,
- 39:50Speaker 5: to diagnose your disease and to help you in a
- 39:52Speaker 5: hospital or something like that. You need experts, but you
- 39:54Speaker 5: don't need authorities in the sense of somebody who courses you,
- 39:58Speaker 5: or somebody who forces their ideas on your throat, or
- 40:01Speaker 5: a government that.
- 40:01Speaker 6: Tells you to what you what you should live for.
- 40:05Speaker 6: So I think the idea.
- 40:07Speaker 5: The idea is that as adults who are capable of reasoning,
- 40:11Speaker 5: capable of rationality, capable of discovering their own values, capable
- 40:15Speaker 5: of using that reason to discover those values, you know,
- 40:18Speaker 5: authority needs to be out authority at least that can
- 40:21Speaker 5: inflict violence if.
- 40:23Speaker 6: We disagree with it. And and government, of course is
- 40:26Speaker 6: such an authority that can inflict violence on us.
- 40:29Speaker 4: So I can show up to you right there. Well,
- 40:33Speaker 4: I just wanted to add something. Well, as you may say,
- 40:35Speaker 4: as it may expect me to say, now, is that
- 40:39Speaker 4: you're going to make made the argument that I was
- 40:41Speaker 4: making about authority. You have authority right there. So freedom
- 40:46Speaker 4: is not spontaneous. Freedom is created, and it's created by authority,
- 40:50Speaker 4: an authority that is there to leave us in a
- 40:54Speaker 4: position of guidance once we are endowed with freedom. That's excellent.
- 40:59Speaker 4: That's that. That was my point precisely. But since he
- 41:02Speaker 4: mentioned Newton, and I think Newton is very relevant here,
- 41:06Speaker 4: let me just add someone one generation older than Newton
- 41:10Speaker 4: that is even to my mind, even more important to
- 41:12Speaker 4: the creation of the capitalist mentality. Another in englishman, another
- 41:17Speaker 4: in English scientist Francis Bacon. Francis Bacon by himself created
- 41:25Speaker 4: the whole moral outlook of what we call capitalism today.
- 41:30Speaker 4: He came up with these thoughts, very simple thoughts, like
- 41:35Speaker 4: Carlos was saying, we have as mankind experiencing this mirrorable,
- 41:40Speaker 4: miserable state of absolute poverty since ever, since ever an
- 41:47Speaker 4: ex expectation of living of what's say, thirty years of age,
- 41:51Speaker 4: you know, spending your whole day with being hungry. You know,
- 41:58Speaker 4: that's the experience of mankind. Bacon thoughts, for the first
- 42:02Speaker 4: time in.
- 42:03Speaker 6: Our history that it was not supposed to be this way.
- 42:08Speaker 4: But we have the ability to completely transform the world
- 42:13Speaker 4: only if we understand that what we have been given,
- 42:18Speaker 4: the world that we have been given, is not enough,
- 42:22Speaker 4: and we should not be thankful for the poor world
- 42:26Speaker 4: that we've been thrown into to get a living. So
- 42:30Speaker 4: that's what Bacon is saying, be demanding, be demanding about
- 42:35Speaker 4: God's God has not given us enough, So it's up
- 42:40Speaker 4: to us to completely transform the world and make it plentiful.
- 42:45Speaker 4: It's not God that's going to make the world plentiful
- 42:48Speaker 4: for us. It's going to be us. But we have
- 42:51Speaker 4: to scientifically organize. For the first time in the history
- 42:56Speaker 4: of mankind, we have to scientifically organize the way we
- 42:59Speaker 4: work because spontaneously we have not been doing things with
- 43:04Speaker 4: a purpose of productivity like we would say today. Productivity
- 43:08Speaker 4: was never an objective in the history of mankind, neither
- 43:12Speaker 4: in China, neither in ancient Greece, neither in the tribes
- 43:15Speaker 4: in Gaul, in Roman gol never. Bacon said, only if
- 43:20Speaker 4: we organize ourselves to actually state goals productivity, goals in science,
- 43:27Speaker 4: in our economic life, will we be able to transform
- 43:30Speaker 4: the world. And that's exactly what happened. Let me just
- 43:33Speaker 4: finish with giving this example. Carlos has been saying, well,
- 43:36Speaker 4: we have this institutional setting that allowed us to make
- 43:40Speaker 4: capitalism what it was, natural and spontaneous universal. Actually, capitalism
- 43:45Speaker 4: depends on one specific institution that was not created by
- 43:50Speaker 4: no philosopher or politician. But it's absolutely central and it's
- 43:55Speaker 4: very new. It's the enterprise. It's the company. Existed before,
- 44:02Speaker 4: but once in the sixteenth century seventeenth century, we see
- 44:05Speaker 4: these little human communities designed to scientifically work for a purpose,
- 44:11Speaker 4: to get more money, to get more products, to get innovation.
- 44:15Speaker 4: It never happened before. So actually bacon is very important
- 44:18Speaker 4: to Here'm sorry, so sorry, sorry for.
- 44:19Speaker 5: An Interructionability agree about bacon and I disagree about the corporation.
- 44:23Speaker 6: I think I think business corporation.
- 44:25Speaker 5: Yeah, business ultimately is the corporation is ultimately a product
- 44:30Speaker 5: of freedom, and the first corporations in the sixteenth seventeenth,
- 44:33Speaker 5: eighteenth century we indeed unfree right monopoli is King granted
- 44:38Speaker 5: a monopoly and it's only with the breaking of that
- 44:40Speaker 5: in the nineteenth century under freedom. But the fundamental concept
- 44:44Speaker 5: that makes capitalism capitalism is not the corporation. It's the
- 44:47Speaker 5: Because of the corporation, what makes the corporation possible, which
- 44:51Speaker 5: is property rights, which, of course property rights depend on
- 44:54Speaker 5: the concept of individual rights, and that's John Locke. So
- 44:57Speaker 5: if we're gonna if we're gonna attribute it to a philosophy,
- 45:00Speaker 5: you know, John Locke is here crucial because he's defining
- 45:03Speaker 5: what property rights are.
- 45:04Speaker 6: He's defining what rights are.
- 45:06Speaker 5: You can disagree with his definition, but the idea of
- 45:08Speaker 5: the fundamental idea comes from there, and it's only the
- 45:12Speaker 5: application of that that ultimately leads the breakup of these monopolies. Really,
- 45:16Speaker 5: you know, real property rights and that is it comes
- 45:19Speaker 5: about in them. But except the text in the nineteenth century,
- 45:21Speaker 5: except taxation.
- 45:23Speaker 4: If taxation is consented, then it's legitimate.
- 45:25Speaker 5: Well, but this is the problem with Let's talk about
- 45:28Speaker 5: consent for a minute. What does consent actually mean. Right,
- 45:31Speaker 5: Consent means democracy. Consent means we vote a majority, but
- 45:35Speaker 5: there's a minority that is not consenting, a minority that
- 45:37Speaker 5: voted against.
- 45:38Speaker 6: A particular proposition.
- 45:40Speaker 5: So, you know, as as I think the founders of
- 45:42Speaker 5: American and I think many thinkers have discovered, the problem
- 45:45Speaker 5: with any kind of democracy is that it oppresses the minority.
- 45:50Speaker 5: It's two wolves and a sheep deciding what's for dinner. Right,
- 45:54Speaker 5: we know how that goes, and we know how it's
- 45:55Speaker 5: always going to go. So what about those who don't consent?
- 45:59Speaker 5: In every demo, See, there are plenty of people who
- 46:01Speaker 5: don't consent to be taxed. I don't consent to be taxed,
- 46:03Speaker 5: and yet I'm going to be taxed anyway, and I'm
- 46:05Speaker 5: going to be caused. Of course, we consent all kinds
- 46:09Speaker 5: of things that you probably disagree with, that majorities, you know,
- 46:12Speaker 5: vote for that violate our rights. And this is the
- 46:15Speaker 5: this is the the innovation that is I think the
- 46:18Speaker 5: American Constitution in its original form and its original intent,
- 46:22Speaker 5: and that is the idea that individual rights are beyond voting,
- 46:27Speaker 5: beyond this majoritarian idea of consent. And then the question
- 46:32Speaker 5: is what are those rights? As For example, in America,
- 46:34Speaker 5: a majority can decide we don't want to hear your
- 46:37Speaker 5: on speak anymore, we don't like his ideas, we're going
- 46:40Speaker 5: to silence it. And yet the Constitution protects your right
- 46:43Speaker 5: to speak. And if the Constitution better protected your right
- 46:47Speaker 5: to property, then a majority maybe couldn't vote to take
- 46:50Speaker 5: some of your property away.
- 46:52Speaker 6: And give it to other people.
- 46:53Speaker 5: So so I reject the idea that majorities determine consent
- 46:57Speaker 5: because individuals don't consent to everything a major already decides
- 47:01Speaker 5: for them, and the smallest minority, always, the smallest minority
- 47:05Speaker 5: in any society, is the individual. And the individual doesn't
- 47:09Speaker 5: consent to most things that the government does today, which
- 47:12Speaker 5: is the problem of government today. So many of us
- 47:16Speaker 5: don't like what it's doing and yet have no ability
- 47:18Speaker 5: to actually change it.
- 47:20Speaker 3: So the question was what about the roads. That's all
- 47:24Speaker 3: very interesting, I know, but what about the roads healthcare? Education?
- 47:29Speaker 4: And at one more point, can I just make a
- 47:32Speaker 4: comment other question of consent?
- 47:33Speaker 6: Something you said just before you leave the question of consent?
- 47:36Speaker 4: Can I do your mind your mine? There's this this,
- 47:40Speaker 4: this very old problem in liberal discussion about the majority principle.
- 47:46Speaker 4: So there is this nice guy version of why we
- 47:50Speaker 4: accept majority principle, and there's this, you know, rug guy
- 47:56Speaker 4: version of why liberals accept the majority of in principle.
- 48:00Speaker 4: So let's begin with the nice guy. The nice guy
- 48:03Speaker 4: says that we have to accept decisions by the majority
- 48:08Speaker 4: because it's very difficult to get to an nanimous response,
- 48:11Speaker 4: of course, about all sorts of issues. So we have
- 48:13Speaker 4: to decide anyway, So why the majority, Well, because we
- 48:16Speaker 4: accept that we are all politically and morally equal. If
- 48:20Speaker 4: we don't accept majority decisions, then we are allowing to.
- 48:25Speaker 5: Give equality, rejecting equality because we're saying that those in
- 48:30Speaker 5: the majority are more equal than.
- 48:33Speaker 4: We just say that majorities are contingent. This is the
- 48:36Speaker 4: nice guy's version. A majority is contingent. Uh, So we
- 48:42Speaker 4: have to make up decisions. We have to get a
- 48:45Speaker 4: decision about taxation or any other issue. So what is
- 48:51Speaker 4: the most proper criteria? According to liberal equality, we would say,
- 48:55Speaker 4: if we don't accept the majority, we are in fact
- 48:58Speaker 4: giving a feed to a minority, and in one extreme situation,
- 49:04Speaker 4: to a single individual, that would be the most un
- 49:07Speaker 4: unequal solution we can think of. So this is the
- 49:10Speaker 4: most moral version. The less moral version comes from someone
- 49:13Speaker 4: that you're unus quoted, this big you know, liberal hero
- 49:18Speaker 4: called John Locke, this Englishman of the late seventeenth century.
- 49:21Speaker 4: He actually gives a ground for accepting majority decisions, a
- 49:26Speaker 4: very different ground. He says, it's all a question of force,
- 49:31Speaker 4: a force.
- 49:33Speaker 6: So we are adding not votes, but force.
- 49:36Speaker 4: The majority is stronger than the minority. And why does
- 49:40Speaker 4: Locke accept such an immoral argument because it says that
- 49:45Speaker 4: societies have their own inner movement, and that inner movement
- 49:49Speaker 4: is given precisely by the stronger party. Now, why are
- 49:55Speaker 4: we as liberals. Well, I'm actually not a liberal, as
- 49:58Speaker 4: you may have guessed. But anyway, liberals in this larger sense,
- 50:03Speaker 4: why do we accept that Uran doesn't accept this principle,
- 50:06Speaker 4: but the majority of us do that if you're richer,
- 50:10Speaker 4: you should pay more taxes for one very single simple reason,
- 50:14Speaker 4: because if you are already rich. Notice this, I'm not
- 50:19Speaker 4: texting you because you are white or because you are black. No,
- 50:24Speaker 4: it's because you are richer.
- 50:26Speaker 6: Than the average.
- 50:27Speaker 4: So you got more from the society you live in
- 50:32Speaker 4: than I did as a poor guy.
- 50:34Speaker 2: Let me just kiss this.
- 50:36Speaker 4: So we are trading goods.
- 50:37Speaker 6: We are trading goods.
- 50:39Speaker 4: Get you got more from us, not because you exploited it,
- 50:43Speaker 4: but because you live here. Right, try to be rich
- 50:47Speaker 4: as Zelene Musk living in Burkino Fasu it may be
- 50:50Speaker 4: more difficult than living in America. So living in America
- 50:54Speaker 4: as a whole, as a society makes it easier for
- 50:57Speaker 4: you to get rich. And you did. You got rich.
- 51:01Speaker 4: Now give it something back to the others who for
- 51:05Speaker 4: no for arbitrary reasons. Uh, didn't God as rich as
- 51:11Speaker 4: you and need that money because you know, we need
- 51:14Speaker 4: free schools, or you need free healthcare.
- 51:17Speaker 6: Or you need to security.
- 51:18Speaker 4: Complete perversion of of of how people, complete perversion of
- 51:23Speaker 4: liberalism has been written.
- 51:25Speaker 5: No, I know, I disagree with liberalism as obviously. You know,
- 51:29Speaker 5: rich people create the wealth that we all benefit from.
- 51:33Speaker 5: They're the massive beneficiaries of mankind.
- 51:35Speaker 6: They're not takers.
- 51:36Speaker 5: They give us and they're rich and and they're rich
- 51:39Speaker 5: there because they've given, right, but you agree they've traded,
- 51:42Speaker 5: but you agree.
- 51:43Speaker 4: That being rich is better than being poor, of course, right,
- 51:45Speaker 4: So they get that benefit. They are benefits, but they
- 51:49Speaker 4: created that benefit.
- 51:50Speaker 5: It is attributed to them, and everybody else has already
- 51:52Speaker 5: benefited from the fact that they become rich. When when
- 51:55Speaker 5: when when when you know, Steve Jobs becomes rich by
- 52:00Speaker 5: producing the iPhone, we all benefit because we get iPhones
- 52:03Speaker 5: and he's become rich, so he doesn't have to give
- 52:05Speaker 5: back anything, and if anything, we should say thank you
- 52:08Speaker 5: to Jobs above and beyond the billions that he's already made.
- 52:11Speaker 6: So it's it's exactly upside. How does it so?
- 52:15Speaker 4: In my view?
- 52:15Speaker 5: In my view, the rich have given so much to
- 52:18Speaker 5: all of us, they should be text less than everybody else.
- 52:21Speaker 5: I mean, if you if you're gonna, if you're gonna go,
- 52:23Speaker 5: based on how much you've contributed, they should be text
- 52:25Speaker 5: less than everybody else because they've contributed to human life
- 52:28Speaker 5: so much more.
- 52:29Speaker 6: You're poor. You haven't contributed anything to the rest of man.
- 52:34Speaker 5: Maybe maybe maybe yes, we don't know why somebody is poor,
- 52:40Speaker 5: why somebody, But the fact is to.
- 52:41Speaker 6: Become rich in a free society, you have to produce,
- 52:44Speaker 6: you have to do something.
- 52:46Speaker 4: How do you use that argument? A universal argument about
- 52:49Speaker 4: tax session all the rich to those guys who inherit
- 52:52Speaker 4: their wealth, who have done nothing for men.
- 52:55Speaker 6: All I'm saying, well, but the people you need the
- 52:58Speaker 6: money got to choose what to do with it.
- 53:00Speaker 5: Sure, you could have bound it. Sure, and they had
- 53:02Speaker 5: a right to do that. Your father is your father,
- 53:05Speaker 5: you are, you are a rich you.
- 53:06Speaker 4: Never did anything for men kind of sure then you know,
- 53:08Speaker 4: putting coke in your nose.
- 53:10Speaker 5: Or whatever, you know, And in the capitalist society you're
- 53:14Speaker 5: not an infector to anyone. I mean, there was a
- 53:16Speaker 5: phrase in the nineteen per century, your property is sure,
- 53:19Speaker 5: but you know phrase in the nineteenth century, from short
- 53:23Speaker 5: sleeve to short sleeve in three generations. You know, those
- 53:27Speaker 5: who don't make the money, who really live the it's
- 53:31Speaker 5: not theirs, lose it very quickly. So so yes, okay.
- 53:35Speaker 5: So some people are rich because they inherited it, because
- 53:38Speaker 5: the person who gave them money has the property rite
- 53:40Speaker 5: over it. They created it, they get to do whatever
- 53:42Speaker 5: they want with it. But most people, at least in
- 53:46Speaker 5: the United States, and the more capitalists you become.
- 53:48Speaker 6: The more this is true.
- 53:49Speaker 5: Most people who are rich create that wealth. They're not
- 53:52Speaker 5: rich because of an inheritance, the rich because of the creation.
- 53:55Speaker 6: And you can see that.
- 53:56Speaker 5: Take the take the Fortune five hundred list of the
- 53:59Speaker 5: richest people in America, and you will see that an
- 54:01Speaker 5: overwhelming majority of that list of people who created the
- 54:05Speaker 5: wealth themselves. You know, just look at the top ten.
- 54:08Speaker 5: Most of them are tech entrepreneurs. They're very few families
- 54:11Speaker 5: in that top ten.
- 54:13Speaker 6: You're quite oh. One more thing I want.
- 54:15Speaker 5: To say before the question, one more thing, because it
- 54:18Speaker 5: was brought up about the morality, right, because this is
- 54:20Speaker 5: a discussion about reality. It's not that I believe that
- 54:23Speaker 5: freedom is equal to morality. I don't think freedom is
- 54:27Speaker 5: a moral concept. I think freedom is a political concept,
- 54:31Speaker 5: and morality is about your ability to pursue your own
- 54:36Speaker 5: self interest. It's about the ability to pursue your own
- 54:39Speaker 5: rational values. That's what morality is. And what freedom allows
- 54:44Speaker 5: is you to be moral. It allows you to go
- 54:46Speaker 5: out and pursue those values. It allows you to pursue
- 54:50Speaker 5: yourself for interest. And so capitalism is a moral system
- 54:53Speaker 5: because it gives individuals the freedom to choose their values,
- 54:59Speaker 5: to rationally figure out what makes sense for them to
- 55:03Speaker 5: go and pursue, and it leaves them free to do so.
- 55:06Speaker 5: It leaves them uncoorsed, unforced to do exactly that. So
- 55:10Speaker 5: that's what makes it all. Now why roads and everything else? Look,
- 55:13Speaker 5: you know, we could have a whole session on roads, right,
- 55:16Speaker 5: but there's zero reason, there's just zero reason why roads, healthcare,
- 55:20Speaker 5: education cannot be provided by the private sector, indeed much better.
- 55:24Speaker 6: I mean, I've driven on the roads here in lisbon I.
- 55:27Speaker 5: I you know, I come from Puerto Rico, where the
- 55:29Speaker 5: roads are even worse than here, much worse than here.
- 55:33Speaker 5: I know how good government roads are. I mean just
- 55:36Speaker 5: sending traffic over there. And you know, in any any
- 55:39Speaker 5: city in the world, and you see that I think
- 55:41Speaker 5: we could do better. Now, we could have a whole
- 55:43Speaker 5: discussion and how government could, how private sector we deal
- 55:45Speaker 5: with roads, But that's.
- 55:46Speaker 6: For another time.
- 55:48Speaker 5: Healthcare, God, I mean, you know, we are so retarded
- 55:53Speaker 5: in terms of healthcare because it's all bureaucratized and all
- 55:56Speaker 5: run by government, and we don't have the the you know,
- 56:01Speaker 5: market incentives that drive costs down and and.
- 56:05Speaker 6: And you know, a quality up that we have in
- 56:08Speaker 6: every other sector.
- 56:09Speaker 5: Why in this so crucial sector to all of human life,
- 56:12Speaker 5: do we relying on socialism to provide us with the
- 56:16Speaker 5: goods instead of relying on capitalism. I mean, one can
- 56:20Speaker 5: only imagine what a capitalist system applied to health care.
- 56:23Speaker 5: And don't tell me the United States is capitalists when
- 56:25Speaker 5: it comes to health care, because it is not. But
- 56:27Speaker 5: if only we applied the principle of capitalism to health care, wow,
- 56:31Speaker 5: we would live so long, we would live such healthy lives.
- 56:35Speaker 5: It would all be completely different. And the same with education,
- 56:38Speaker 5: I mean public education. Government education sucks. It's really really bad,
- 56:43Speaker 5: at least in the United States. And by the way,
- 56:45Speaker 5: the poorer you are, the worst education you get. That
- 56:49Speaker 5: is the worst education in the United States today is
- 56:52Speaker 5: provided in the in the in the slums, in the
- 56:56Speaker 5: you know, in the neighborhoods and minorities where people are really,
- 56:59Speaker 5: really poor. That's the worst place, the worst education you
- 57:01Speaker 5: can get. Surely entrepreneurs could do better than that. Surely
- 57:06Speaker 5: you can.
- 57:06Speaker 6: Figure out a way to improve that.
- 57:10Speaker 5: You know, the incentives that the government creates distort the
- 57:14Speaker 5: provisioning of any services, whether it's healthcare or whether it's education.
- 57:19Speaker 6: So a market, a market driven.
- 57:22Speaker 5: Education market or a healthcare market would surely do a
- 57:26Speaker 5: much better job than what we have today.
- 57:28Speaker 3: So Carls, what should we do? And after this fiery discussion,
- 57:39Speaker 3: what should we do to someone in front of the
- 57:42Speaker 3: emergency services at the hospital with no means to pay
- 57:48Speaker 3: for their healthcare? And then to to MiG out another example,
- 57:54Speaker 3: what should we do to the key that can't go
- 57:57Speaker 3: to school because of money reasons?
- 58:00Speaker 2: But now it's come I think the question was answer.
- 58:03Speaker 2: First of all, I must I must admire your restrain
- 58:06Speaker 2: of not saying you roll a bunch of socialisms.
- 58:08Speaker 6: Just live in the room like you know it would be.
- 58:13Speaker 2: Although although I I must say that I tend to
- 58:17Speaker 2: agree with Maria ne Mortago here. I think she's quite
- 58:22Speaker 2: you don't know who Maria Ne Mortago is Alex fainyway no,
- 58:26Speaker 2: but it was a really interesting discussion. And to pull down,
- 58:30Speaker 2: to pull down a bit of discussion, I like to
- 58:32Speaker 2: call some steps back and go back to the nature
- 58:34Speaker 2: of capitalism, because I don't I do think it's it's
- 58:38Speaker 2: it's something that is quite important to to understand how
- 58:42Speaker 2: how capitalism was always part of of human nature and
- 58:47Speaker 2: it was described like that. Actually, the word capitalism started
- 58:50Speaker 2: being used by anti capitalists to define the world as
- 58:54Speaker 2: it was, and Miguel said something before that I completely
- 58:59Speaker 2: disagree that that productivity was never a goal of human beings.
- 59:05Speaker 2: It was always the goal of human beings. I mean
- 59:09Speaker 2: from the moment that we invented the first tools. Why
- 59:13Speaker 2: did we invent the first tools because we were worried
- 59:15Speaker 2: about productivity, our own productivity. Why did we build the
- 59:20Speaker 2: first boats because we were worried about And that was
- 59:23Speaker 2: way before, way before the nineteenth century, way before the
- 59:27Speaker 2: eighteenth century. So this need to trade, to invest, to start. Actually,
- 59:32Speaker 2: the first cities appeared because human beings were able to store,
- 59:38Speaker 2: to start storing food for next winternets and so on,
- 59:42Speaker 2: and that's why cities came up. The farming itself was
- 59:47Speaker 2: a way of investing, so we could be recollectors and
- 59:51Speaker 2: go and pick up fruits and spend our days doing
- 59:55Speaker 2: like that. At some point we thought, as human beings,
- 59:58Speaker 2: well if we plant some seeds now, so we do
- 1:00:02Speaker 2: an effort that will not lead to us eating right now,
- 1:00:07Speaker 2: we will plant seeds. That This is investment. That's the
- 1:00:11Speaker 2: definition of investment. To do an effort, to do some work,
- 1:00:15Speaker 2: to put some of our work in order to collect
- 1:00:17Speaker 2: something in the future. This is investment. And this is
- 1:00:21Speaker 2: in the nature of human beings. Investing, trading, working, increasing
- 1:00:27Speaker 2: our own productivity was always in the human nature is
- 1:00:32Speaker 2: part of the human development. We just got an institution,
- 1:00:37Speaker 2: a different institutional setting that was based on equality, on
- 1:00:41Speaker 2: on opportunities, on property rights. I'm sure that on enterprise
- 1:00:47Speaker 2: all or enterprise was there a bit before that allowed
- 1:00:52Speaker 2: what was already in the human nature, what was already
- 1:00:55Speaker 2: within us. This needs to be more productive. This one
- 1:00:59Speaker 2: to say this the need for us to be better
- 1:01:04Speaker 2: and to be safer, including economically safer. That allowed it
- 1:01:09Speaker 2: to to bring us to the point where we are today.
- 1:01:13Speaker 2: And that's why I said earlier on that I do
- 1:01:16Speaker 2: not believe that capitalism in the way that it was
- 1:01:19Speaker 2: defined initially by anti capitalist by the French philosophers on
- 1:01:24Speaker 2: that was that used to say not that property was theft.
- 1:01:29Speaker 2: It was one of the first philosophers to use the
- 1:01:31Speaker 2: word capitalism because it was strongly anti anti capitalists. The
- 1:01:36Speaker 2: way that it was used used originally was was something
- 1:01:41Speaker 2: that already was in the in the human beings. And
- 1:01:45Speaker 2: there's one reason I I'm I'm I'm a pragmatist, so
- 1:01:49Speaker 2: I'm not as an expert in in philosophy as my
- 1:01:54Speaker 2: two colleagues here. I'm a pragmatist and I look at
- 1:02:00Speaker 2: world around me and I don't understand it fully. I
- 1:02:04Speaker 2: don't have the capacity to process and storage all the
- 1:02:07Speaker 2: knowledge like no one has. But I look at the reality.
- 1:02:11Speaker 2: And there's probably one reason why there are so many
- 1:02:14Speaker 2: experiences in the world of political organization and none of
- 1:02:19Speaker 2: those is what you're on defense. There's probably one reason
- 1:02:25Speaker 2: for that. And the reason for that is probably the
- 1:02:28Speaker 2: same that there was never real communism, is that it
- 1:02:32Speaker 2: would be impossible to actually work. Although I admire the
- 1:02:37Speaker 2: coherence of the thought of the the way that you
- 1:02:43Speaker 2: just avoid coersion at all costs, and that's very coherent.
- 1:02:48Speaker 2: But then the reality the world is made of nuances,
- 1:02:51Speaker 2: and those nuances probably some nuances that we don't understand
- 1:02:55Speaker 2: because we don't have capacity to fully understand. It's the
- 1:02:58Speaker 2: reason why when I that have come is neither we
- 1:03:01Speaker 2: have the world that you'd like to us to live
- 1:03:03Speaker 2: in Two quick comments.
- 1:03:06Speaker 5: One is I agree with most of what you said
- 1:03:08Speaker 5: in terms of human nature, right. I think we do
- 1:03:10Speaker 5: strive to succeed, to invest, the bill to create when
- 1:03:14Speaker 5: we're left free. I think one of the reasons. So
- 1:03:17Speaker 5: all of that is true. I just wouldn't call it capitalism.
- 1:03:19Speaker 5: I think that's part of human nature. Capitalism is when
- 1:03:22Speaker 5: this idea of individual rights is identified and then institutions
- 1:03:27Speaker 5: are created to protect it, and that's the form.
- 1:03:29Speaker 2: I think our difference is more about the definition of
- 1:03:32Speaker 2: capitaliity than any comment.
- 1:03:34Speaker 5: But I want to integrate this with Francis Macon because
- 1:03:37Speaker 5: there is a sense in which vice is making is
- 1:03:39Speaker 5: innovative in you in a sense of progress, but that
- 1:03:42Speaker 5: is in the context of his time and the context
- 1:03:45Speaker 5: of his place. Because it is true also that you
- 1:03:48Speaker 5: can convince human beings through ideas and philosophy not.
- 1:03:53Speaker 6: To strive, not to improve not to perfect, and that's
- 1:03:58Speaker 6: why you get dark.
- 1:03:59Speaker 5: Ages, that's why you get declines in civilization, when you
- 1:04:02Speaker 5: get periods in which people stop making those investments, people
- 1:04:05Speaker 5: stop trading, people stop looking at this world. There's importance
- 1:04:10Speaker 5: and maybe you know, strive towards another world as the
- 1:04:15Speaker 5: primary rather.
- 1:04:16Speaker 6: Than improving a lot in this world.
- 1:04:17Speaker 5: And it's important that Francis Bacon comes at a time, right,
- 1:04:20Speaker 5: a renaissance, a rebirth of Western civilization after a period
- 1:04:26Speaker 5: of decline, of lack of investment, of lack of trade,
- 1:04:29Speaker 5: of lack of innovation, and it says, hey, we can
- 1:04:31Speaker 5: indeed progress, we can improve. Knowledge is useful for humankind
- 1:04:38Speaker 5: to improve its lot. So I'll say something even more
- 1:04:42Speaker 5: controversial and what I've said up until now, I really
- 1:04:45Speaker 5: do think that that Western civilization was retarded for about
- 1:04:49Speaker 5: a thousand years because of religion that deemphasized this world
- 1:04:54Speaker 5: and emphasized another world. And in need of Francis Bacon
- 1:04:58Speaker 5: and a bunch of other thinkers to bring this world
- 1:05:01Speaker 5: back into focus so that we could trade, innovate, invest
- 1:05:05Speaker 5: and do all those things. And you know, there's a
- 1:05:07Speaker 5: reason it's called the Renaissance. And then an enlightenment because
- 1:05:10Speaker 5: first we had a resurrect kind of Greek ideas that
- 1:05:14Speaker 5: were very focused on this world, and then we had
- 1:05:16Speaker 5: a a you know, discover reason, rediscover reason and apply
- 1:05:22Speaker 5: it to human life, which I think ultimately leads to capitalism.
- 1:05:26Speaker 3: Just let me go back to catch please and concerning
- 1:05:30Speaker 3: societies or government's responsibility on helping others, whether it's about
- 1:05:39Speaker 3: healthcare or education, what kind of thoughts do you have
- 1:05:44Speaker 3: about that? The question I think was what should we
- 1:05:50Speaker 3: do in front when someone is in front of a
- 1:05:55Speaker 3: at the hospital with no means to pay for their healthcare,
- 1:05:59Speaker 3: or or if a kids cannot go to school because
- 1:06:03Speaker 3: of money reasons? How should governments and societies act when
- 1:06:10Speaker 3: it comes to the lack of capabilities money capabilities?
- 1:06:15Speaker 2: I think government should should be But but I said
- 1:06:24Speaker 2: that I agree with you, right, I was close to you.
- 1:06:28Speaker 2: You will never forgive me for this onother No, No,
- 1:06:32Speaker 2: of course, I I do believe that that that government
- 1:06:36Speaker 2: should ensure access to it, to healthcare, vacation. I said
- 1:06:40Speaker 2: it earlier. I do believe that we are part of
- 1:06:43Speaker 2: the community and that's also triggering our our freedoms that
- 1:06:46Speaker 2: although it does require some level of cohercion, individual level.
- 1:06:51Speaker 2: It's also a trigger of of liberty and freedom to
- 1:06:56Speaker 2: ensure to ensure that that no one gets into misery
- 1:07:01Speaker 2: or dies because he has no financial means, and that
- 1:07:04Speaker 2: no children is kept without education because their parents wouldn't
- 1:07:10Speaker 2: wouldn't allow and there will be I think we can
- 1:07:12Speaker 2: have a topic vision of the world in which that
- 1:07:16Speaker 2: would never happen, that under voluntary agreements, that that would
- 1:07:23Speaker 2: be provided for. And we know we know that's not
- 1:07:27Speaker 2: the case. We know that wouldn't be, that wouldn't always
- 1:07:30Speaker 2: live be the case. I lived in a very next
- 1:07:36Speaker 2: met there was an area where people were were quite poor,
- 1:07:40Speaker 2: and at that time, the state didn't provided with a
- 1:07:43Speaker 2: pre preschool education, pre preschool care, and I saw kids
- 1:07:50Speaker 2: of four or five year old that were just stuck
- 1:07:52Speaker 2: at home for for the whole day, that didn't develop
- 1:07:56Speaker 2: language until they were five because they didn't at the
- 1:08:00Speaker 2: proper care from their parents' either because they couldn't or
- 1:08:03Speaker 2: because they were alcoholic or whatever. So I do not
- 1:08:08Speaker 2: think we should live in the world where these basic
- 1:08:15Speaker 2: things are not offered. And I think we as the community,
- 1:08:18Speaker 2: and once again, there is a reason why in the
- 1:08:22Speaker 2: developed world, why in the developed world that had this
- 1:08:26Speaker 2: progress in the last two three hundred years. Those things
- 1:08:30Speaker 2: are provided for. It's because as a community we agree
- 1:08:34Speaker 2: that there is no example in the world, as there
- 1:08:37Speaker 2: is no example of communism working. There is no example
- 1:08:40Speaker 2: in the developed world where children don't have access to
- 1:08:46Speaker 2: education provided by the state, where elderly people don't have
- 1:08:49Speaker 2: access to healthcare provided by the state. And there's a reason.
- 1:08:53Speaker 2: And you can always say, but elder people, if they
- 1:08:56Speaker 2: chose not to have an insurance, then they should just
- 1:08:59Speaker 2: take the responsibility for that. Yes, but then you are,
- 1:09:02Speaker 2: you are seventy, and you regret, and what can you do.
- 1:09:05Speaker 2: You cannot go back and be thirty again and take different,
- 1:09:08Speaker 2: different choices in your life. And as a community, it
- 1:09:13Speaker 2: would be extremely hard for us to accept that people
- 1:09:16Speaker 2: would live under the under those under those conditions. So, yes,
- 1:09:20Speaker 2: we're both Marianna Mortagos here, but compared to jar and.
- 1:09:24Speaker 6: Of course, but two one, there's a slippy slope, It's
- 1:09:28Speaker 6: obvious there is. We see it. We see it every way.
- 1:09:31Speaker 5: And and second, the fact that you regret not buying
- 1:09:34Speaker 5: insurance when you're seventy that somehow gives you a right
- 1:09:37Speaker 5: to take my stuff.
- 1:09:39Speaker 6: It does, I mean and and not to.
- 1:09:41Speaker 5: Come and ask me, not to voluntarily ask people to
- 1:09:44Speaker 5: help you. But it gives you a right, literally to
- 1:09:46Speaker 5: use coursion against those who were responsible. So the system
- 1:09:50Speaker 5: we have today is one that rewards irresponsibility. It benefits irresponsible,
- 1:09:56Speaker 5: its expensive the responsible, and it courses the responsible to
- 1:10:00Speaker 5: take care of the irresponsible.
- 1:10:01Speaker 6: And it's something you know, morally offensive about that.
- 1:10:05Speaker 3: Okay, just just let me make a brief situation I
- 1:10:10Speaker 3: can I for the seconds. Please.
- 1:10:12Speaker 4: Well, there's a lot of injustice and suffering and evil
- 1:10:15Speaker 4: in the world. That's why we cannot leave everything to
- 1:10:19Speaker 4: the arbitrariness of our best choices. So I would say
- 1:10:22Speaker 4: that our moral standing is not well. If you didn't
- 1:10:26Speaker 4: take if you didn't make the right choices before, you
- 1:10:29Speaker 4: cannot coerce me in order to help me helping you. Now,
- 1:10:33Speaker 4: it's actually the other way around. I because I'm a
- 1:10:37Speaker 4: member of the same community that you are, I will
- 1:10:40Speaker 4: take care as long as everyone else of you that
- 1:10:44Speaker 4: are suffering. And because you are a three year olds
- 1:10:46Speaker 4: and you have an alcoholic parent that hits.
- 1:10:48Speaker 6: You, nobody is objecting to voluntary help. No, no, no,
- 1:10:51Speaker 6: I mean I mean you just you just said I
- 1:10:53Speaker 6: want to help.
- 1:10:53Speaker 4: But that is.
- 1:10:55Speaker 6: I'm talking about, But you're talking about coursing people.
- 1:10:58Speaker 4: I'm talking about a moral political that makes sense to
- 1:11:01Speaker 4: a political community, and that has to be translated into
- 1:11:04Speaker 4: a political position and an apparatus of state apparatus to
- 1:11:09Speaker 4: make sure that that position is actual policy. Let me
- 1:11:13Speaker 4: just give you Let me just say something about the
- 1:11:16Speaker 4: naivetatd that you know, in my opinion, is being is
- 1:11:22Speaker 4: haunting us while talking about human nature. So there's this
- 1:11:26Speaker 4: idea that we all been as human beings in the past,
- 1:11:31Speaker 4: wanting to strive and to prosper Who doesn't look around,
- 1:11:35Speaker 4: everyone wants to prosper. So people two thousand years ago,
- 1:11:38Speaker 4: four thousand years ago didn't. My answer is yes, they didn't.
- 1:11:43Speaker 4: They did not. Let me give you an example, two examples. Actually,
- 1:11:48Speaker 4: why we have two twenty five hundred years of Western literature.
- 1:11:54Speaker 4: There's not one single instance of someone saying that man
- 1:11:58Speaker 4: as man, wants to strive, wants to be prosperous, wants
- 1:12:04Speaker 4: to be better tomorrow than is today materially speaking. Only
- 1:12:10Speaker 4: beginning in the eighteenth well seventeenth century do we start
- 1:12:14Speaker 4: to have people say that. Never before and in the
- 1:12:18Speaker 4: seventeenth century actually, one of these guys, one of these
- 1:12:21Speaker 4: big and Uvedas, said the following, You all agree that
- 1:12:24Speaker 4: human beings want to live, right, not being prosperous, want
- 1:12:28Speaker 4: to live. It's better than being dead. Right, everyone agrees
- 1:12:32Speaker 4: on that. There Surely there's no more common sensical proposition
- 1:12:39Speaker 4: about human nature than this one. We want to live
- 1:12:43Speaker 4: rather than die. Well, actually, this guy was cleverer than
- 1:12:48Speaker 4: we are because we were saying, well, actually, I know
- 1:12:50Speaker 4: a lot of people who prefer death to being alive.
- 1:12:55Speaker 4: And he gave two examples. One, the nobleman, the great Warrior.
- 1:13:01Speaker 4: He prefers to die rather than live in shame. Yeah,
- 1:13:06Speaker 4: people actually prefer to die than to live in shame.
- 1:13:09Speaker 4: Not in this room, of course, but in other places
- 1:13:12Speaker 4: and in the past. Second example he gave us the
- 1:13:15Speaker 4: religious martyr. You're on, the religious martyr. He rather prefers
- 1:13:20Speaker 4: to die and go to heaven, then say alive and
- 1:13:23Speaker 4: live in life of a fidelity to God. Actually, this
- 1:13:27Speaker 4: was the majority of the Western population until two hundred
- 1:13:30Speaker 4: years ago. Right, but now we don't longer believe in God.
- 1:13:34Speaker 4: We think that our forefathers lived like we live before
- 1:13:37Speaker 4: we live now. Wrong, it's just wrong. So this guy
- 1:13:41Speaker 4: called Thomas Hams said, it would be excellent if everyone
- 1:13:47Speaker 4: believed that, according to human nature, it is better to
- 1:13:51Speaker 4: live than to die. But since human nature is not
- 1:13:54Speaker 4: as constant as that, let us follow the following procedure.
- 1:13:59Speaker 4: Let us make shameful to be a religious martyr. Let
- 1:14:03Speaker 4: us make shameful to be a great noble warrior. Once
- 1:14:10Speaker 4: we have that, once we get rid of the religious martyr,
- 1:14:14Speaker 4: once we get rid of the achilles of the great
- 1:14:17Speaker 4: noble warrior, then we can say human nature is all
- 1:14:23Speaker 4: about wanting to live in, getting prosperous and better our
- 1:14:27Speaker 4: own condition.
- 1:14:28Speaker 1: Like Adam Smith said, we're.
- 1:14:29Speaker 3: Actually coming to an end. Do we have time for
- 1:14:33Speaker 3: a last question? Miguel, do we okay? This last question
- 1:14:37Speaker 3: is actually the same for the three of you. Why
- 1:14:41Speaker 3: does not the right, meaning advocate for capitalism defend a
- 1:14:47Speaker 3: kind of complete Lazare capitalism. We can start with Uran
- 1:14:54Speaker 3: than Carlouge, than Michael.
- 1:14:58Speaker 4: Well.
- 1:14:59Speaker 6: I mean, the right is a.
- 1:15:03Speaker 4: Yeah, a bunch of.
- 1:15:05Speaker 5: I mean, the right is an interesting tone because I
- 1:15:07Speaker 5: mean there's somewhat arbitrariness in terms of left and right
- 1:15:10Speaker 5: and how we define this. I mean, I like a
- 1:15:12Speaker 5: political spectrum that goes from collectivism to individualism rather than.
- 1:15:16Speaker 6: From left to right, because you know, right and left merge.
- 1:15:20Speaker 5: And become one, as you're seeing in the world around
- 1:15:24Speaker 5: us in terms of their statism and in terms of
- 1:15:26Speaker 5: their rejection of capitalism. I think the main reason why
- 1:15:31Speaker 5: people generally reject capitalism is because they have a morality
- 1:15:36Speaker 5: that is inconsistent with capitalism. I mean, we've seen this, right,
- 1:15:40Speaker 5: I mean there's a real tug at the heartstrings of
- 1:15:43Speaker 5: what about that child, what about that one person that
- 1:15:47Speaker 5: gets left behind? What about those people? Shouldn't it be
- 1:15:50Speaker 5: okay to sacrifice some to others? Sacrifice, after all, is noble,
- 1:15:55Speaker 5: it's good we live. The conventional morality we all believe
- 1:15:59Speaker 5: in is a morality of sacrifice.
- 1:16:01Speaker 6: Sacrilge is a good thing.
- 1:16:03Speaker 5: Now, I think that is a very slippery slope, and
- 1:16:06Speaker 5: I think that's a morality of socialism. It's not a
- 1:16:08Speaker 5: morality of freedom. It's not a morality of capitalism. I
- 1:16:12Speaker 5: think what's lacking is a real morality of individualism. We
- 1:16:16Speaker 5: start with the individual. We start with the individual living
- 1:16:19Speaker 5: for himself, living a life in pursuit of his own values,
- 1:16:23Speaker 5: using his own reason, and that kind of morality is
- 1:16:27Speaker 5: lacking in the world, and it's you know, we can
- 1:16:30Speaker 5: have debates about economics that I think are relatively easy.
- 1:16:33Speaker 5: I think I can actually even these guys who are
- 1:16:36Speaker 5: a little skeptical, I can show them that one hundred
- 1:16:38Speaker 5: percent private healthcare would work a thousand times better than
- 1:16:42Speaker 5: the healthcare system we have today.
- 1:16:43Speaker 6: Economics is easy. The challenge is morality.
- 1:16:47Speaker 5: The challenge is to get really philosophical and get down
- 1:16:50Speaker 5: to individual morality, what you should live for. And I
- 1:16:54Speaker 5: think capitalism demands that we change on morality. It means
- 1:16:58Speaker 5: turning upside down the jude O Christian ethical code. It
- 1:17:02Speaker 5: means rejecting that and coming up with something new, something
- 1:17:05Speaker 5: that's focused on an individual well being, something that returns
- 1:17:08Speaker 5: to a more riskatilian a view of morality, something about
- 1:17:12Speaker 5: human flourishing as an individual, the individual flourishing. And if
- 1:17:15Speaker 5: we start there, I think, then what we realize is
- 1:17:19Speaker 5: cosion of force are the enemy of individual flourishing. Cousion
- 1:17:23Speaker 5: and force of the enemy of individual reason. In the
- 1:17:26Speaker 5: you know, cosion and force are the enemies of the
- 1:17:29Speaker 5: pursuit of happiness, and therefore the one thing we need
- 1:17:32Speaker 5: to extract from society, the one thing we cannot allow
- 1:17:35Speaker 5: in society is force and cousion.
- 1:17:38Speaker 6: And then once we get rid of those, we all
- 1:17:40Speaker 6: these other details.
- 1:17:41Speaker 5: What happens to kid in front of the emergency room,
- 1:17:44Speaker 5: all of that are details that can be worked out
- 1:17:47Speaker 5: fairly easily.
- 1:17:47Speaker 6: I mean, we've talked about people, you know, we've talked
- 1:17:51Speaker 6: about you know, people wanting to help. Well, okay, that's voluntary,
- 1:17:55Speaker 6: so hope.
- 1:17:55Speaker 5: And if the majority helps in a minority doesn't help,
- 1:17:58Speaker 5: that's fine because somebody's rights were violated. But if the
- 1:18:01Speaker 5: majority forces the minority to help, now you're using coursion.
- 1:18:05Speaker 5: Now you're using force, and now you're moving away from freedom,
- 1:18:08Speaker 5: away from capitalism, and you're actually applying an immoral standard.
- 1:18:13Speaker 5: You're forcing people to do things they don't believe in
- 1:18:15Speaker 5: because you've decided it's good. It's good to help the child,
- 1:18:18Speaker 5: it's good to help the seventy year old, by your standards.
- 1:18:23Speaker 6: But it's the individual that matters.
- 1:18:25Speaker 5: And so the reason the rights and the left and
- 1:18:29Speaker 5: pretty much everybody else doesn't believe in capitalism is because
- 1:18:33Speaker 5: they don't believe in an individualistic moral code.
- 1:18:36Speaker 6: And that's that's the that's the challenge, that's the struggle.
- 1:18:41Speaker 2: I think in the way I think the question there
- 1:18:44Speaker 2: or an extreme version that's probably neither the right or left,
- 1:18:48Speaker 2: and most people would not believe. But I think the
- 1:18:51Speaker 2: main question is why the right sometimes tends to escape
- 1:18:58Speaker 2: from a free mark uh thought, why they do not
- 1:19:03Speaker 2: defend more more free market than than they do well
- 1:19:07Speaker 2: well in democracy. It's very hard to do that. It's
- 1:19:10Speaker 2: very it's very hard to win elections by defending by
- 1:19:14Speaker 2: defending free markets or a path towards free markets. That's
- 1:19:18Speaker 2: that's that's really complicated. Plus, when there is this struggle
- 1:19:24Speaker 2: between left and and right, usually the answer every time
- 1:19:29Speaker 2: we see right emerging like we've seen right now is
- 1:19:33Speaker 2: true populist right so and and the populism and free
- 1:19:36Speaker 2: markets do not get along very well. Sometimes they they
- 1:19:39Speaker 2: do use it as a tool to as an initial
- 1:19:43Speaker 2: tool to differentiate themselves, but once in power, they will
- 1:19:50Speaker 2: never they will will never do that in this sexame version.
- 1:19:54Speaker 2: It's just because it's it's just not possible. I do believe,
- 1:20:00Speaker 2: I do believe that that that this is, as I
- 1:20:02Speaker 2: said before, internally coherent. Yes too, to avoid the cohersion
- 1:20:08Speaker 2: at at all costs. It just doesn't work in in
- 1:20:13Speaker 2: reality it's it doesn't it would be impossible to keep
- 1:20:18Speaker 2: the community united, knowing that that old people will be
- 1:20:24Speaker 2: without without health care, or unprotected, or children would be
- 1:20:28Speaker 2: And and the reason why why I say that it's
- 1:20:32Speaker 2: it's empirical. It's because it did not exist. It's the
- 1:20:35Speaker 2: same thing that we always ask to communists when we
- 1:20:38Speaker 2: have our debates, where has it worked? And they always say, well,
- 1:20:42Speaker 2: it has never been tested. This has never been tested.
- 1:20:45Speaker 2: And for a reason, because it would be impossible to
- 1:20:49Speaker 2: keep to keep a community working under this this political premises.
- 1:20:58Speaker 4: Yeah, well, in the person in the nineteenth century there
- 1:21:01Speaker 4: was a political right pretty much anti capitalism. But after
- 1:21:06Speaker 4: the Second World War, to a large extent in the
- 1:21:08Speaker 4: West at least, that political right has been defeated and
- 1:21:14Speaker 4: it's become marginal in every single country. So we should
- 1:21:18Speaker 4: not be you know, we should not make complaints about
- 1:21:21Speaker 4: the political right. It's not a binary thing, either complete
- 1:21:24Speaker 4: stalinism or the non ideal. It's you know, you have
- 1:21:29Speaker 4: a matrix of choices. And actually I think in the
- 1:21:34Speaker 4: last sixty years, the political right, beginning with in Portugal,
- 1:21:39Speaker 4: if it was not for the political rights, I mean,
- 1:21:41Speaker 4: the two main political parties before Chiga came along, and
- 1:21:46Speaker 4: before it's liberal came along. If it were not for
- 1:21:49Speaker 4: PSD and CDs, well we would be living in a
- 1:21:53Speaker 4: socialist country to Korch. So it was due to the
- 1:21:57Speaker 4: PSD mainly that we actually have a free market economy,
- 1:22:01Speaker 4: of course, with a lot of Stadism, a lot of
- 1:22:04Speaker 4: mixed economy like every like every other country in Europe.
- 1:22:08Speaker 4: So I mean, for me, it's not such a big deal.
- 1:22:11Speaker 4: In the past. Yeah, in the nineteenth century there was
- 1:22:13Speaker 4: actually a romantic political right that was against capitalism. You know,
- 1:22:19Speaker 4: you have this writing even by Tolstoy, the great Russian novelist.
- 1:22:25Speaker 4: He himself assumes the responsibility that if we have to
- 1:22:28Speaker 4: get rid of trains, yeah, so be it. Thomas Carlyle,
- 1:22:33Speaker 4: Thomas Carlyle was a conservative, a romantic conservative. Perhaps he
- 1:22:38Speaker 4: was even more anti capitalism than Marx, and Marx learned
- 1:22:42Speaker 4: a lot from Thomas Carlyle. I mean, Marx is welcoming
- 1:22:46Speaker 4: the capitalist revolution. He's welcoming into the world. He wants
- 1:22:50Speaker 4: to make it strong and fast in order to overcome it.
- 1:22:54Speaker 4: But he's welcoming it. It's not you know, in the
- 1:22:57Speaker 4: least be nostalgic about what came before capitalism. Quite the contrary, actually,
- 1:23:03Speaker 4: Thomas Carlisle was he said, this is all bad news
- 1:23:07Speaker 4: in all front. Henny came from the right. You know,
- 1:23:10Speaker 4: the German Romantics were all anti capitalism and they were
- 1:23:14Speaker 4: all defeated. So I think we should be thankful. Just
- 1:23:17Speaker 4: let me give you a final word about what Joran
- 1:23:20Speaker 4: said that I think is a very serious, really serious
- 1:23:23Speaker 4: topic about the relationship between what it calls the culture
- 1:23:27Speaker 4: of individuality, of the morality of individualism on the one hand,
- 1:23:31Speaker 4: and Christianity on the water. I think he has a
- 1:23:34Speaker 4: point there. I mean, we are on different sides of
- 1:23:37Speaker 4: this discussion again, but I think he's right. I mean,
- 1:23:41Speaker 4: Christianity brought into the world this big revolution, the first
- 1:23:45Speaker 4: revolution of love, and it brought the politics into ethics,
- 1:23:50Speaker 4: the idea, the very strong idea of compassion for suffering.
- 1:23:54Speaker 4: And I think compassion for suffering coming from Christianity, even
- 1:23:57Speaker 4: though people no longer believe in God uh is actually
- 1:24:01Speaker 4: quite strong and explains a lot of our political attitudes today.
- 1:24:06Speaker 4: So I think even though we are on the other
- 1:24:08Speaker 4: on opposite sides on this specific topic, I think is right.
- 1:24:12Speaker 4: I mean, there's this incompatibility. I think I'm regretting the
- 1:24:16Speaker 4: loss of Christianity in our culture. Maybe he is clapping
- 1:24:19Speaker 4: his hands out, but I don't know. But you know,
- 1:24:21Speaker 4: I think it's a very very serious.
- 1:24:23Speaker 5: Point to Christianity's being secularized. Right, secular cultures adopted Christianity,
- 1:24:29Speaker 5: that's it. And so the struggle is still between christian
- 1:24:32Speaker 5: values and capitalism. I don't think they're compatible. And that's
- 1:24:35Speaker 5: why we don't get capitalism, because because the values of
- 1:24:39Speaker 5: Christianity are still strong in the culture, even in our
- 1:24:44Speaker 5: I would say thank God, I would say the opposite,
- 1:24:49Speaker 5: Thanks very much.
- 1:24:50Speaker 3: We're now going to open for debate. But before giving
- 1:24:55Speaker 3: the flaw to the audience, I think Miguel has something
- 1:24:59Speaker 3: to tell you.
- 1:24:59Speaker 1: Yes, yes, so thank you for being here. Please clap,
- 1:25:14Speaker 1: Thank you all so much onjin for being here. Before
- 1:25:16Speaker 1: we move to the questions period, let me just tell
- 1:25:19Speaker 1: you that on your seats you're going to find some flyers.
- 1:25:22Speaker 1: You might be wondering what they're for. We are hosting
- 1:25:25Speaker 1: next year in portso Iron Ran conference. It's going to
- 1:25:30Speaker 1: be from the seventeenth to the nineteenth of April. So
- 1:25:33Speaker 1: that you are code links you connects you to a
- 1:25:36Speaker 1: to a website, where you can sign up and even
- 1:25:39Speaker 1: apply for a scholarship and attend it for free. It's
- 1:25:41Speaker 1: going to be three days and if you want to
- 1:25:43Speaker 1: know more about objectivism and iron RAN's ideas, you can
- 1:25:46Speaker 1: apply for it.
- 1:25:47Speaker 6: Please do so.
- 1:25:48Speaker 1: For the ones that are watching online at the end
- 1:25:50Speaker 1: of this broadcast, you're gonna have an image as well
- 1:25:52Speaker 1: with it you are code. You can do the same
- 1:25:54Speaker 1: if you don't find any flyers on your seats when
- 1:25:57Speaker 1: you go down on the roll up, you have the
- 1:26:00Speaker 1: you are toad as well, and you can you can
- 1:26:02Speaker 1: can the CHR code. There another annuncement that I want
- 1:26:05Speaker 1: to make. Yes, sorry, just like confused because they're both
- 1:26:09Speaker 1: margad He won the essay contest, so I'll be round
- 1:26:13Speaker 1: of applause for him.
- 1:26:20Speaker 6: At the end.
- 1:26:21Speaker 1: Just come to the front and I'll deliver the prize
- 1:26:24Speaker 1: to you. Okay, So if anyone wants to ask questions,
- 1:26:27Speaker 1: I'm gonna ask you to make a line there on
- 1:26:29Speaker 1: that side and I'll hand you the mic. Please be
- 1:26:31Speaker 1: brief on the introduction of the questions and just one
- 1:26:34Speaker 1: question per person. Okay, thank you. If anyone wants to
- 1:26:39Speaker 1: ask them, Yeah.
- 1:26:41Speaker 6: There we go. Mm line is over there.
- 1:27:00Speaker 2: Okay, there's a line, Oh that's the first time.
- 1:27:06Speaker 1: Hello.
- 1:27:07Speaker 9: My name is Francis, and my question is I am
- 1:27:10Speaker 9: currently reading Atlas Shrugged, and there's this notion that a
- 1:27:14Speaker 9: lot of characters talk about about how it's basically the
- 1:27:17Speaker 9: fault of the capitalist that they let themselves be labeled
- 1:27:20Speaker 9: as immoral. You know, the very fact that we have
- 1:27:22Speaker 9: in a conversation about morality and capitalism shows this.
- 1:27:25Speaker 4: That there is this idea that the two are separate.
- 1:27:28Speaker 9: So even they mentioned the example of Robinhood, you know,
- 1:27:31Speaker 9: a very old title in which a thief, which is
- 1:27:33Speaker 9: the good guy, is the guy who steals from a
- 1:27:35Speaker 9: rich So my question to you is where does this
- 1:27:38Speaker 9: come from? Do you think it's intrinsic to the human
- 1:27:40Speaker 9: being to almost hate the rich and the owners of
- 1:27:44Speaker 9: companies or is there a knowledge into this Where do
- 1:27:47Speaker 9: you think it comes from?
- 1:27:49Speaker 6: Well, I mean I think it is.
- 1:27:50Speaker 5: It Certainly, it's very ancient in the sense that the understanding,
- 1:27:55Speaker 5: the understanding economics and how people get rich was based
- 1:28:01Speaker 5: on a zero sum mentality. That is, for most of
- 1:28:04Speaker 5: human history, people didn't understand the win win relationship of trade.
- 1:28:08Speaker 5: They didn't understand the value added a production and creation.
- 1:28:13Speaker 5: And indeed, most rich people, if you go to Europe, example,
- 1:28:18Speaker 5: five six hundred years ago, did not become rich because
- 1:28:21Speaker 5: they produced. They became rich because they stole right. They
- 1:28:25Speaker 5: were very good at cosion and force, and that's how
- 1:28:28Speaker 5: they got rich.
- 1:28:29Speaker 6: So and even if you go back to Aristotle and you.
- 1:28:32Speaker 5: Go to the Greeks, they had very little understanding of
- 1:28:34Speaker 5: the mechanisms of trade and the very essence of win wins.
- 1:28:38Speaker 5: So the idea that the rich are somehow you know,
- 1:28:42Speaker 5: confiscating their wealth comes from a historical experience and there
- 1:28:47Speaker 5: wasn't a shift it neither knowledge nor in morality. During
- 1:28:51Speaker 5: the nineteenth century, suddenly wealth was being created for the
- 1:28:55Speaker 5: first time in human history on scale.
- 1:28:57Speaker 6: Wealth was being.
- 1:28:58Speaker 5: Created rather than redistributed, rather than being confiscated, and we
- 1:29:03Speaker 5: didn't our knowledge system didn't adapt to the social and
- 1:29:08Speaker 5: economic realities of what was going on.
- 1:29:11Speaker 2: Just say one thing. I think it's very optimistic to
- 1:29:14Speaker 2: believe that most people already understand that that trade is
- 1:29:18Speaker 2: not a win win situation even today.
- 1:29:21Speaker 6: I agree with you, but it is.
- 1:29:23Speaker 5: And this is part of the big problem is most
- 1:29:26Speaker 5: people today still see the world of zero sum. You know,
- 1:29:30Speaker 5: you can you can see that in American politics story
- 1:29:32Speaker 5: now very very you know, really real sense.
- 1:29:36Speaker 6: So this is a real achievement.
- 1:29:37Speaker 5: I mean, it seems pretty straightforward the traders win win,
- 1:29:40Speaker 5: But that is a huge cognitive achievement to get to
- 1:29:43Speaker 5: that point.
- 1:29:44Speaker 2: That is, every day it's easier to.
- 1:29:46Speaker 4: Persuade people that an economic relationship can be a win
- 1:29:50Speaker 4: win situation when there is economic growth all around. If
- 1:29:55Speaker 4: there isn't, people actually start to make this rational you know,
- 1:29:59Speaker 4: conclude lusion into this rational conclusion that well, if this
- 1:30:03Speaker 4: is more or less the same wealth, you're in and
- 1:30:05Speaker 4: you're out. If one gets more then I get less.
- 1:30:08Speaker 4: It makes sense. It all ends with economic growth. That's
- 1:30:13Speaker 4: why there is this very important emancipating moral effect of
- 1:30:17Speaker 4: economic growth as such, such an important phenomenon.
- 1:30:25Speaker 10: Good afternoon to the guests and to the panel. I'm
- 1:30:28Speaker 10: theatergos Office bachelor student for EP. My question poses to
- 1:30:33Speaker 10: the economic boom that was mentioned in the nineteenth century,
- 1:30:39Speaker 10: mainly in the second part of the century. My question
- 1:30:42Speaker 10: is we know that that economic boom consequently gave us
- 1:30:48Speaker 10: political stability in Europe that can consequently gave us broad
- 1:30:53Speaker 10: social com in an era that were of extremists. But
- 1:30:59Speaker 10: when we enter that era, do don't do? Don't you
- 1:31:03Speaker 10: think that the social part, the social development and the
- 1:31:09Speaker 10: social worry about about the population that came with the
- 1:31:15Speaker 10: economic growth was the terd in the capitalism era. So
- 1:31:20Speaker 10: maybe it was a capitalism was a forum of economic development,
- 1:31:26Speaker 10: but two extremists to the point that it discards the
- 1:31:30Speaker 10: social part of uh, the that that era.
- 1:31:36Speaker 6: Yeah, I don't know exactly what you mean by a
- 1:31:38Speaker 6: social part, but no, I don't. I don't think that
- 1:31:42Speaker 6: that is that is true.
- 1:31:43Speaker 5: I think that if you look at societies that approach capitalism,
- 1:31:46Speaker 5: yes they never reached the ideal, but they approach capitalism
- 1:31:49Speaker 5: during the late part of the nineteenth century, I don't
- 1:31:52Speaker 5: think the societies there were necessarily unsocial or unhealthy in
- 1:31:57Speaker 5: that sense.
- 1:31:58Speaker 6: This is an error.
- 1:31:59Speaker 5: I mean, let's remember, capitalism did amazing things to mankind,
- 1:32:03Speaker 5: not only economic wellbeing, but political emancipation. Political imagination was
- 1:32:08Speaker 5: a feature of capitalism. The abolition of slavery was a
- 1:32:11Speaker 5: feature of capitalism. And I think that once you have
- 1:32:15Speaker 5: a society in which causion is extracted, not fully but
- 1:32:19Speaker 5: to a large extent, human relationships become healthier. Because I'm
- 1:32:24Speaker 5: not thinking constantly is this guy stealing my stuff? Is
- 1:32:27Speaker 5: he part of the majority that's trying.
- 1:32:28Speaker 4: To vote me?
- 1:32:30Speaker 5: You know, I think that the more you get a
- 1:32:32Speaker 5: society in which the majority is voting away rights of
- 1:32:35Speaker 5: people constantly, what you get is tribalism and tribal mentality
- 1:32:39Speaker 5: and people fighting each other.
- 1:32:41Speaker 6: So you get social strife.
- 1:32:43Speaker 5: Democracy leads to social strife because you want to form
- 1:32:46Speaker 5: majorities to protect yourself. You want to it rather than
- 1:32:49Speaker 5: win win relationships. Trade is a beautiful thing, and capitalism
- 1:32:53Speaker 5: emphasizes trade. It emphasizes win win, and I think you
- 1:32:56Speaker 5: get better societies, not worse societies.
- 1:33:03Speaker 2: It's a member of parliament is also a member of parliament.
- 1:33:06Speaker 4: A member of parliament, I mean, yeah.
- 1:33:07Speaker 6: We've got a prestigious, very prestigious audience.
- 1:33:12Speaker 4: Not as prestigious as parlous.
- 1:33:15Speaker 6: So I'm George.
- 1:33:16Speaker 11: Yes, I'm a member of Parliament, and I have a
- 1:33:18Speaker 11: question about you were talking about that pure capitalism or
- 1:33:24Speaker 11: truly unbridled markets have never been tried. Actually, I think
- 1:33:27Speaker 11: there was a very brief period transition history where you
- 1:33:30Speaker 11: were close to that, which was during the nineteenth century.
- 1:33:32Speaker 11: We were doing away with all the old structures and
- 1:33:35Speaker 11: you were putting in place all the institutionals set up
- 1:33:40Speaker 11: that allowed for capitalism, and for some reason, at the
- 1:33:42Speaker 11: same time you started seeing more concerns with welfare otherwise
- 1:33:47Speaker 11: as well. People started talking about unions, the rights of children,
- 1:33:50Speaker 11: for instance, and the rights of workers. And my intuition
- 1:33:55Speaker 11: is maybe that happened for a reason. Maybe people realized
- 1:33:58Speaker 11: at the time that you couldn't get a stable model
- 1:34:01Speaker 11: if you only had completely free markets without any of
- 1:34:06Speaker 11: the other things. I don't think Bismarck started implementing the
- 1:34:11Speaker 11: welfare state because he was concerned about poor people. I
- 1:34:14Speaker 11: don't think that was his perspective. So I would ask you,
- 1:34:17Speaker 11: do you think you could get that state of pure
- 1:34:21Speaker 11: free markets, you know, the government just doing the minor
- 1:34:24Speaker 11: kiss model, without the poor eating the rich.
- 1:34:28Speaker 6: That would be my question.
- 1:34:29Speaker 11: And then a side comment, I don't think you were
- 1:34:32Speaker 11: always comparing, you know, society and our capitalism versus before.
- 1:34:36Speaker 11: I don't think you explored the extent to which moving
- 1:34:39Speaker 11: from a society where wealth came mostly from owning land
- 1:34:43Speaker 11: to a society where you could produce way more and
- 1:34:46Speaker 11: get richer without owning word land, which was a key
- 1:34:49Speaker 11: factor in the in the transition.
- 1:34:51Speaker 5: But remember even even land ownership was land that was
- 1:34:55Speaker 5: taken by false I mean, it was always defended by fos.
- 1:34:57Speaker 5: But look, in my view, history is determined by ideas.
- 1:35:03Speaker 6: Ultimately, ideas shape history.
- 1:35:05Speaker 5: And the reality is that in the nineteenth century, while
- 1:35:08Speaker 5: the world was moving towards capitalism, there were no there
- 1:35:11Speaker 5: was no intellectual foundations for it.
- 1:35:13Speaker 6: The Enlightenment was dying.
- 1:35:15Speaker 5: As we said, German Romantics who were the dominant intellectuals.
- 1:35:19Speaker 6: In the nineteenth century.
- 1:35:20Speaker 5: If you look at you know, Kant, Hegel, Schopenhauer, Marx,
- 1:35:23Speaker 5: they dominated.
- 1:35:25Speaker 6: They were anti capitalists. All of them were anti capitalists.
- 1:35:28Speaker 5: And so you got a particular momentum out of the
- 1:35:33Speaker 5: Enlightenment that was moving in a particular direction, in direction
- 1:35:36Speaker 5: of capitalism. And at the same time you got an
- 1:35:38Speaker 5: intellectual backlash against the Enlightenment that elevated socialism or various
- 1:35:44Speaker 5: nationalisms or you know, the nationalist movement in the nineteenth
- 1:35:48Speaker 5: century was not pro capitalists, both on the left and
- 1:35:50Speaker 5: the right. So there was unanimity across the political spectrum
- 1:35:53Speaker 5: that this phenomenon of capitalism was not good, and some
- 1:35:56Speaker 5: of the liberals tried to defend it, and I think
- 1:35:58Speaker 5: did a pretty poor job of it. You know, whether
- 1:36:01Speaker 5: it's male or others, I think they sold out on
- 1:36:04Speaker 5: the principles of what is required for capitalism. So look,
- 1:36:08Speaker 5: the battle of ideas was won by the anti capitalists,
- 1:36:13Speaker 5: and what you got was a compromise. What you got
- 1:36:16Speaker 5: was the mixed economy, which is a compromise between the
- 1:36:19Speaker 5: force of freedom that the Enlightenment set off and the
- 1:36:23Speaker 5: anti capitalist voices of the nineteenth century, the philosophers.
- 1:36:26Speaker 6: And the intellectuals. And we're still living through that.
- 1:36:28Speaker 5: We're still having this debate, we're still fighting this fight
- 1:36:32Speaker 5: between those different forces.
- 1:36:33Speaker 6: And reality is, how many intellectuals in the world are
- 1:36:36Speaker 6: really pro capitalism, very few. How many philosophers out there
- 1:36:40Speaker 6: in the world are pro capitalism very few? So we're
- 1:36:43Speaker 6: still losing.
- 1:36:44Speaker 2: Why do you think it's that?
- 1:36:46Speaker 5: Because I think that the morality of Christianity is so
- 1:36:50Speaker 5: deeply entrenched in the culture, both in the secular form
- 1:36:53Speaker 5: and in a religious form, that it's going to take
- 1:36:56Speaker 5: a long time to uproot it and to get rid
- 1:36:59Speaker 5: of it and replace should do something better. And until
- 1:37:01Speaker 5: that's done, right, until that's done, you will not get
- 1:37:05Speaker 5: lovely fake capitalism. You will not get a fully capitalist
- 1:37:09Speaker 5: fully capitalist world wealley is much more difficult to fight
- 1:37:12Speaker 5: over than as I said.
- 1:37:13Speaker 6: The Economics.
- 1:37:22Speaker 1: Monumentee in English.
- 1:37:24Speaker 12: My name is Andrea Andrea, and my question is cent
- 1:37:27Speaker 12: words on whether capitalism is the solution for the future
- 1:37:30Speaker 12: of human kind because we all know that we willn't
- 1:37:36Speaker 12: have enough planets if all of the Earth population had
- 1:37:40Speaker 12: the same consumption style as the United States of America.
- 1:37:43Speaker 12: And since that all of the capitalists want people to
- 1:37:46Speaker 12: consume more and more, how can we create a sustainable future?
- 1:37:52Speaker 5: I highly recommend reading an economist by any of Julian Simon,
- 1:37:57Speaker 5: who talked about the ultimate resource Any shows in his
- 1:38:00Speaker 5: work that there is no limit. There are no there's
- 1:38:03Speaker 5: no limited resources. Resources are unlimited. Indeed, the only limited
- 1:38:07Speaker 5: resources the human mind. We are innovative species. There is
- 1:38:13Speaker 5: I mean, think of any resources and there are substitutes
- 1:38:16Speaker 5: and their products, and we could be mining the asteroids.
- 1:38:19Speaker 5: There's just no limit to how many people can survive,
- 1:38:21Speaker 5: how many people could be on eatho the population.
- 1:38:23Speaker 6: Is shrinking, and how many resources we can get out there.
- 1:38:26Speaker 6: So I think the whole idea of limited.
- 1:38:28Speaker 5: Resources is false. We could all be living much better
- 1:38:32Speaker 5: than Americans eight billion people on planet Earth could be
- 1:38:35Speaker 5: living much better than Americans with the you know, with
- 1:38:39Speaker 5: the technological knowledge we have today. Never mind, the technological
- 1:38:42Speaker 5: knowledge will have been one hundred years.
- 1:38:44Speaker 1: No.
- 1:38:44Speaker 4: Franstans Bigham, the guy was telling you about in the
- 1:38:46Speaker 4: sixteenth century, said the Dutch have the best minds in
- 1:38:51Speaker 4: the world, but the Netherlands didn't have any minds. I
- 1:38:54Speaker 4: mean to get out an order. Not a single mind
- 1:38:57Speaker 4: there was in the Netherlands. So what war the minds
- 1:39:01Speaker 4: the Dutch themselves? Like I said, that's the ultimate economic
- 1:39:04Speaker 4: resource right there. That's why the Netherlands is the richest
- 1:39:07Speaker 4: country in the world at the end of sixteenth century.
- 1:39:10Speaker 2: Of course, absolutely, so good afternoon. My name is Andrea.
- 1:39:17Speaker 2: I'm a student of EPI.
- 1:39:19Speaker 13: I look, we would like to ask Aaron Broke about
- 1:39:23Speaker 13: the It's not probably about the morality of capitalism that
- 1:39:27Speaker 13: was mentioned here, but is related. I think it's a
- 1:39:29Speaker 13: relation between psychology and the capitalism. I believe in the
- 1:39:35Speaker 13: idea that the actual mental crisis that we have nowadays
- 1:39:38Speaker 13: in the twenty first century is caused by the capitalism
- 1:39:43Speaker 13: in many aspects. Because of capitalism until the until the
- 1:39:48Speaker 13: nineteenth century, I suppose we have the idea and the
- 1:39:52Speaker 13: idea that individuals should work to survive. Nowadays, you have
- 1:39:56Speaker 13: the thesis idea that you shoul work for that we
- 1:40:00Speaker 13: work for live for working. And I think that this idea,
- 1:40:04Speaker 13: in the psychological point of view, it's the main cause
- 1:40:08Speaker 13: of the mental health problems that individuals have nowadays, such
- 1:40:13Speaker 13: as anxiety depression. So I believe in this aspect, I
- 1:40:18Speaker 13: think the capitalism is the best best system that we
- 1:40:20Speaker 13: have in thecnomical point of view. But I think that
- 1:40:23Speaker 13: in the ethical philosophical point of viewmans, I think that's
- 1:40:27Speaker 13: a lot of these eventures in the spect that instrumentalized
- 1:40:31Speaker 13: as the individual as a part of a system which
- 1:40:34Speaker 13: the main purpose is just to produce and doesn't matter
- 1:40:38Speaker 13: the value. The doesn't matter in respect us values because
- 1:40:41Speaker 13: many because capitalism, in the moral point of view, is
- 1:40:45Speaker 13: just statistics and not values and aspirations.
- 1:40:48Speaker 2: So I think that the crisis the mental health crisis.
- 1:40:53Speaker 2: I think.
- 1:40:54Speaker 13: I know that you disagree, but what you think about
- 1:40:56Speaker 13: my idea.
- 1:40:57Speaker 4: The curious is my student, Okay, think it is, and
- 1:41:02Speaker 4: I think it is.
- 1:41:04Speaker 5: So I don't think capitalism is about statistics. I think
- 1:41:07Speaker 5: capitalism is about values. It's about trading values. It's about
- 1:41:12Speaker 5: offering values into the marketplace, and and people either value
- 1:41:15Speaker 5: or don't value what you're offering, and they either buy
- 1:41:18Speaker 5: it or don't buy it.
- 1:41:18Speaker 6: They either trade with you or they don't trade with you.
- 1:41:21Speaker 5: That's true in terms of employment, that's true in terms
- 1:41:23Speaker 5: of customers.
- 1:41:24Speaker 6: That's true of all the relationships.
- 1:41:26Speaker 5: I either trade value for value relationships or they walk away.
- 1:41:32Speaker 5: I don't think that that the that the psychological crisis
- 1:41:36Speaker 5: that we're living through has anything to do with capitalism.
- 1:41:39Speaker 5: I think it's quite the opposite. I mean, if only
- 1:41:42Speaker 5: we taught people about the virtue of capitalism and how
- 1:41:45Speaker 5: they should live, and the idea the work.
- 1:41:48Speaker 6: You shouldn't live to work. You should live to live.
- 1:41:50Speaker 6: You should work to live. You should work to be happy,
- 1:41:53Speaker 6: You should work to achieve your values. Work is a means, but.
- 1:41:56Speaker 5: It's also a psychological means. We gain most of our
- 1:41:59Speaker 5: self esteem from work. Most of our self esteem comes
- 1:42:02Speaker 5: from work, and it will always be that way. So
- 1:42:05Speaker 5: embrace a career that you love. Embrace something that you
- 1:42:11Speaker 5: are going to enjoy doing that you value that. Then
- 1:42:15Speaker 5: you can achieve things and you can gain pride from
- 1:42:18Speaker 5: which then leads to increased happiness. I don't think you
- 1:42:21Speaker 5: can be happy in life unless you do work that
- 1:42:24Speaker 5: you enjoy. Unless you do you gain value from your work.
- 1:42:27Speaker 5: It's not about the money, it's about the self esteem.
- 1:42:30Speaker 5: It's about the achievement of values. So if we live,
- 1:42:34Speaker 5: if there are people who live to work and work
- 1:42:37Speaker 5: as an end in itself somehow for them, then yeah,
- 1:42:40Speaker 5: they can have psychological problems. I agree, But that's not
- 1:42:42Speaker 5: the fault of capitalism. That's a fault of I don't
- 1:42:44Speaker 5: know the ideas that they're holding. And maybe our educational system,
- 1:42:48Speaker 5: by the way, which is run by the government, not
- 1:42:51Speaker 5: by the free market, it's the fault of educational system,
- 1:42:55Speaker 5: and it's the fault of the values that our society holds.
- 1:43:01Speaker 8: So hello, my name is Almy and I'm Marish. PhD masochists.
- 1:43:08Speaker 8: So I can pay less taxes.
- 1:43:11Speaker 6: Which PhD masochist I just wanted to get.
- 1:43:14Speaker 8: So I just can't pay less taxes according.
- 1:43:16Speaker 6: To you, I was a poor PhD.
- 1:43:19Speaker 8: No, I want to be considered resource less taxes. What
- 1:43:24Speaker 8: I would like an answer for mission is one of you.
- 1:43:29Speaker 8: What would you call a sociological system that liberates the
- 1:43:33Speaker 8: capability of individuals to trade.
- 1:43:35Speaker 2: Goods, call it anything. I think, just human nature, human
- 1:43:46Speaker 2: human beings. As I was saying before, I always wanted
- 1:43:49Speaker 2: to do that. I always wanted to trade. It's part
- 1:43:51Speaker 2: of of of of human nature. I know you probably
- 1:43:56Speaker 2: call it capitalism, I'll guess, and and and probably according
- 1:44:01Speaker 2: to that definition, yes, it's it's capitalism, and it has
- 1:44:04Speaker 2: been here for the last three centuries. But I do
- 1:44:07Speaker 2: believe that's that's part of human nature.
- 1:44:10Speaker 4: Would you call it capitalism or your.
- 1:44:14Speaker 8: I made a question because you were always arguing about
- 1:44:17Speaker 8: the definition, and I couldn't see your guys disagree with
- 1:44:22Speaker 8: this definition.
- 1:44:23Speaker 4: Oh all right, I get it.
- 1:44:25Speaker 5: So the capital it is a system that leaves you
- 1:44:28Speaker 5: free to do that and protects you protect your property
- 1:44:30Speaker 5: rights so that you can engage in that. So yeah,
- 1:44:34Speaker 5: but but but you need that protection, right because if
- 1:44:37Speaker 5: somebody can intervene as you're trading goods and take the
- 1:44:39Speaker 5: stuff away, then then you're you're.
- 1:44:43Speaker 6: Likely to trade less, you're likely to benefit less. So
- 1:44:47Speaker 6: you need that protection. That's what what a system of capitalism.
- 1:44:50Speaker 6: It's a system provides. But as a.
- 1:44:52Speaker 4: System, it also requires this concern with progress. I mean,
- 1:45:00Speaker 4: if we think about it the way we work in organize, production,
- 1:45:04Speaker 4: and investment. It's all about making more tomorrow than today.
- 1:45:12Speaker 4: If we remove that, we remove the whole capitalist capitalist arise.
- 1:45:17Speaker 4: And I think so there's yeah, we trade with each other,
- 1:45:22Speaker 4: we want to emancipate each other's capabilities, that's for sure.
- 1:45:27Speaker 4: But if we remove this progressive notion that we are
- 1:45:33Speaker 4: ever trying to change the future by what we do
- 1:45:37Speaker 4: in the present investing, studying, researching and all that, I
- 1:45:42Speaker 4: think we missed a central point about capitalist.
- 1:45:46Speaker 2: But people always wanted to be better than before. It's
- 1:45:49Speaker 2: it's the Bible. I mean, it's the Bible that people
- 1:45:54Speaker 2: wanted to start to get rich. There were rich people.
- 1:45:58Speaker 4: In the Bible, so yeah, But the Greek said, name
- 1:46:00Speaker 4: a specific name for advice of rich people. It was
- 1:46:04Speaker 4: called play on. Next, pat was a big name for
- 1:46:07Speaker 4: someone who wants to accumulate.
- 1:46:09Speaker 2: It was you know, so there was people who wanted
- 1:46:12Speaker 2: to accumulate exactly, but today's view negative.
- 1:46:18Speaker 1: No, no, no.
- 1:46:19Speaker 4: There were also people in ancient Greece who actually believed
- 1:46:22Speaker 4: in human sacrifices, and the Greek said, no, that's wrong. Yeah,
- 1:46:28Speaker 4: it's the same thing.
- 1:46:28Speaker 6: There were other people will.
- 1:46:30Speaker 4: Think about, well, I want to make a lot of
- 1:46:32Speaker 4: money until I can't even count my own money.
- 1:46:34Speaker 2: But people, accumulation is wrong. Some people say that today,
- 1:46:39Speaker 2: But that's what you call the socialist idea.
- 1:46:41Speaker 6: Real progress is a real intellectual achievement.
- 1:46:45Speaker 5: And again in the West, it didn't really exist until Bacon,
- 1:46:50Speaker 5: until until uh you know, you know, and that's part
- 1:46:54Speaker 5: of what made the West the West.
- 1:46:56Speaker 2: But if we started to believe that there, it's different.
- 1:47:00Speaker 2: Is it a thing that only started to happen recently,
- 1:47:03Speaker 2: in the last two or three centers because we still
- 1:47:05Speaker 2: we started having the institutional setting that allowed us to happen,
- 1:47:11Speaker 2: or people did not want that before, Because I don't
- 1:47:14Speaker 2: believe the second version. I don't believe that before before
- 1:47:19Speaker 2: the institutional setting was there, people did not want to
- 1:47:22Speaker 2: community did not want progress. I do believe that they
- 1:47:24Speaker 2: wanted they just didn't have institutional setting.
- 1:47:30Speaker 5: If you read the only early thinkers from the first
- 1:47:32Speaker 5: thousand years AD, they are constantly talking about the fact
- 1:47:38Speaker 5: that this world doesn't matter.
- 1:47:40Speaker 6: You know, a progress in this world is insignificant.
- 1:47:43Speaker 5: Now I'm not saying, you know, individuals out there probably
- 1:47:46Speaker 5: try to make the best they could, But there was
- 1:47:48Speaker 5: a whole intellectual tradition that advocated for Yeah, I forget
- 1:47:54Speaker 5: about progress.
- 1:47:55Speaker 6: Progress is impossible.
- 1:47:56Speaker 2: Electually, but we still have fingers that said that. No,
- 1:47:59Speaker 2: the and there's the difference between what thinkers were saying
- 1:48:02Speaker 2: and what people were striving for. And that's what all right, Okay,
- 1:48:08Speaker 2: So then at some point they had settings that allowed
- 1:48:11Speaker 2: us for people to achieve what they were striving.
- 1:48:14Speaker 4: This was the old I mean, there was this Carlos,
- 1:48:17Speaker 4: this idea that the elites were completely blind to what
- 1:48:20Speaker 4: was happening around them. That's a possibility, that's a possibility.
- 1:48:24Speaker 4: What's wrong with what it's saying is that you have
- 1:48:27Speaker 4: no vestige, You have no evidence of what happened in history.
- 1:48:32Speaker 2: You have no people wanted to progress and have a life.
- 1:48:36Speaker 6: They didn't leave, They didn't leave the village, the substance.
- 1:48:41Speaker 2: They build villages, just the move from being recollectors to
- 1:48:47Speaker 2: establish villages and cities. It showed that that they wanted
- 1:48:51Speaker 2: to progress, they wanted to be able to have a
- 1:48:54Speaker 2: better life, and that happened in people.
- 1:48:57Speaker 5: They were in history with people strive for a better life.
- 1:49:01Speaker 5: But there are long stretches of history where nothing happens,
- 1:49:05Speaker 5: nothing happens, and people are not striving. But and you
- 1:49:09Speaker 5: can see places in the world today where people are
- 1:49:11Speaker 5: quite satisfied with not advancing, not moving sure, not no progress,
- 1:49:15Speaker 5: not going anywhere, because for example, religious modelor them, religious
- 1:49:19Speaker 5: modelor them, you know, often dictates look at the Islamic
- 1:49:22Speaker 5: world often dictates stagnation and not polished, and they embrace
- 1:49:27Speaker 5: an individual embrace that in the name of the religion.
- 1:49:30Speaker 4: And you have to, I mean, Caddles is saying people
- 1:49:32Speaker 4: want to do better, all right. So if you're saying
- 1:49:35Speaker 4: that I'm being devoured by wild beasts because I live
- 1:49:40Speaker 4: in the woods by myself, and I want to protect
- 1:49:43Speaker 4: myself from the wild beasts, and I get a weapon
- 1:49:46Speaker 4: and I come up with this way of bringing fire
- 1:49:50Speaker 4: and that scares the beasts away. Caddles that you see
- 1:49:54Speaker 4: people want to strive. Well, I mean that's self.
- 1:49:56Speaker 2: Protection, of course, but that's what's more than that.
- 1:49:59Speaker 4: That was That's not what he's here under discussion about development,
- 1:50:05Speaker 4: about economic development, about the transformation of the world, about
- 1:50:10Speaker 4: concepts such as economic growth, concepts such as progress. There
- 1:50:15Speaker 4: was no such thing before and for thousands and thousands
- 1:50:18Speaker 4: of years. You have to give an account of that,
- 1:50:21Speaker 4: and they have to explain why is why the change
- 1:50:24Speaker 4: was so dramatic.
- 1:50:25Speaker 2: I agree there was no economic progress before that, but
- 1:50:28Speaker 2: the strive to have economic individual strive to.
- 1:50:34Speaker 6: Look at the movement today of the growth.
- 1:50:37Speaker 5: You know, there's a there's a real movement today to
- 1:50:39Speaker 5: stop going to stagnate, which which is hard to imagine
- 1:50:43Speaker 5: anything worse than that.
- 1:50:45Speaker 6: You know, there are real people out there who don't
- 1:50:48Speaker 6: want me, really don't want to.
- 1:50:50Speaker 2: Let me give you this example, which doesn't mean that
- 1:50:52Speaker 2: most people still don't want it. They do want it,
- 1:50:55Speaker 2: even though there are some thinkers that want to. The
- 1:50:57Speaker 2: growth doesn't mean that. But the think is influential, and
- 1:51:01Speaker 2: the human nature did not change three hundred years ago.
- 1:51:03Speaker 5: But what I'm saying is that a thousand years ago
- 1:51:05Speaker 5: the thinkers were the growth thinkers in a sense, they
- 1:51:08Speaker 5: didn't have a concept of the growth, but the influence
- 1:51:11Speaker 5: was such that most people just accepted the way of
- 1:51:13Speaker 5: the world was. They couldn't imagine anything better. Of course,
- 1:51:16Speaker 5: they just couldn't imagine a future that was better than
- 1:51:18Speaker 5: the past. People because they'd always been the same.
- 1:51:20Speaker 4: People accepted that they were supposed to die and die
- 1:51:25Speaker 4: early rather than late.
- 1:51:28Speaker 6: Amazing, it's actually have better. We got two less questions
- 1:51:33Speaker 6: just this, uh.
- 1:51:35Speaker 4: What happened with Bacon again? The cart also is that
- 1:51:39Speaker 4: that they were starting to make the following reasoning with
- 1:51:43Speaker 4: the transformation of the world technologically applying our mental strength
- 1:51:48Speaker 4: to transform the world, we can't conquer mortality. And that's
- 1:51:53Speaker 4: what we've been doing so far. I mean, first thirty
- 1:51:56Speaker 4: years old, than forty and fifty, now ninety and perhaps
- 1:52:00Speaker 4: the next generation we are able to recompose our bodies
- 1:52:04Speaker 4: and never die. I mean, that's the whole different dream.
- 1:52:07Speaker 4: You didn't have that dream before, and you started to
- 1:52:10Speaker 4: have that dream beginning in the sixteenth and seventeenth century.
- 1:52:15Speaker 14: Sorry for interrupting, guys. I love your guys, banter. I
- 1:52:18Speaker 14: love you how you interact with each other, the clash
- 1:52:20Speaker 14: of personalities and beliefs. My name is Manuel, and I
- 1:52:24Speaker 14: also love how you are organized from left to right,
- 1:52:26Speaker 14: to the most radical to the least radical. In terms
- 1:52:30Speaker 14: of defense of capitalism. I don't know if it's not
- 1:52:32Speaker 14: intentional or not. My question is for your own book,
- 1:52:36Speaker 14: because you said that Christianity and Christian values are incompatible
- 1:52:41Speaker 14: with capitalism, and I was going to ask that if
- 1:52:45Speaker 14: that is the case, then why is it that in
- 1:52:47Speaker 14: the in the US and the United States. People who
- 1:52:50Speaker 14: tend to be more leftists and anti capitalists tend to
- 1:52:52Speaker 14: be atheist leftist socialists, and people who tend to be
- 1:52:55Speaker 14: more pro capitalism tend to be right wing Christian citizens.
- 1:52:59Speaker 6: Well, let's be.
- 1:53:01Speaker 5: Clear that, you know, the right wing Christians in the
- 1:53:04Speaker 5: United States and not pro capitalism in the sense of
- 1:53:08Speaker 5: what I mean by capitalism. But you know, it's a
- 1:53:11Speaker 5: good question because it's unique to America. It's not clear
- 1:53:14Speaker 5: that Christians elsewhere are proprey markets as much as Americans are.
- 1:53:18Speaker 5: They tend to be more left wing cuerdainly, the Catholic
- 1:53:20Speaker 5: churches tended to be more left and right economic terms,
- 1:53:24Speaker 5: with the exception maybe of a pope here are there.
- 1:53:28Speaker 5: You know, I tell my Christian friends in America that
- 1:53:32Speaker 5: many of them what happens is that they love America,
- 1:53:37Speaker 5: and they love the Constitution, and they love people like
- 1:53:39Speaker 5: Thomas Jefferson and so on. And then what they do
- 1:53:42Speaker 5: is they take their Christian values and they take the Bible,
- 1:53:44Speaker 5: and they morph them to adapt to their love of
- 1:53:48Speaker 5: America and their love of the Founding. So the primary
- 1:53:53Speaker 5: for them is their patriotism, and then they find what
- 1:53:59Speaker 5: they want which is, you know, the beauty of I
- 1:54:03Speaker 5: think religious writing is you can find what you want
- 1:54:06Speaker 5: in it, and people can find of all colors can.
- 1:54:09Speaker 6: Find it Americans. Americans.
- 1:54:12Speaker 5: Those Americans are particularly patriotic and particularly love America.
- 1:54:17Speaker 6: And before they find that in the Bible, they find
- 1:54:19Speaker 6: that in the reading of Christianity.
- 1:54:23Speaker 5: I don't think there's anything about specific about Christian values
- 1:54:26Speaker 5: that leads to America. You know, the founders of America
- 1:54:30Speaker 5: were not particularly Christian. Many of them were Deists, some
- 1:54:34Speaker 5: of the one conventional Christians or outside of the mainstream
- 1:54:37Speaker 5: of Christianity.
- 1:54:38Speaker 6: And I don't think the founding documents of.
- 1:54:41Speaker 5: America particularly Christian in spite of the fact that these
- 1:54:44Speaker 5: conservatives believe they are.
- 1:54:45Speaker 4: Can I just add something, there's a specifically American story
- 1:54:50Speaker 4: to tell about the flourishing of American Protestantism and the
- 1:54:55Speaker 4: way developed this affinity for free market economics, you know,
- 1:54:58Speaker 4: and you have the Max Favors story and all that,
- 1:55:00Speaker 4: the Max Weber and narrative, But I just wanted to
- 1:55:03Speaker 4: say that in Europe, maybe Christians have learned in the
- 1:55:06Speaker 4: last sixty years or so to appreciate free market economies
- 1:55:13Speaker 4: for the reason that Christians began for the first time
- 1:55:17Speaker 4: to be afraid of the intrusion of states and ideologically
- 1:55:22Speaker 4: driven policies that affects them as Christians. So even the
- 1:55:29Speaker 4: Catholic Church started to develop this great love for the
- 1:55:32Speaker 4: autonomy of civil society as a whole from state intrusion
- 1:55:37Speaker 4: in order for the Catholic Church to survive against the
- 1:55:41Speaker 4: attacks by the atheistic state. And also the Catholics and
- 1:55:47Speaker 4: Christians have a lot of other institutions schools or in
- 1:55:50Speaker 4: charities and hospitals that they want to preserve their independence
- 1:55:55Speaker 4: from the state. Again, so the free market economy gave
- 1:56:00Speaker 4: to Christians framework vision of society that actually not only
- 1:56:05Speaker 4: is more prosperous than socialis and so on and so forth,
- 1:56:07Speaker 4: but also brings protection to them as Christians because as
- 1:56:11Speaker 4: they have driven into this corner as a minority, they
- 1:56:14Speaker 4: began to be afraid of state intrusion intermission in their
- 1:56:17Speaker 4: own activities.
- 1:56:18Speaker 7: I would say, yeah, okay, my name is well Scouts,
- 1:56:25Speaker 7: and I would like to thank everyone for this great evening.
- 1:56:31Speaker 4: I have a question.
- 1:56:33Speaker 7: It can be for everyone, but in particular too Yarn.
- 1:56:37Speaker 7: First of all, I have to somewhat disagree with the
- 1:56:39Speaker 7: with the idea that neither Judaism nor Christianity has contributed
- 1:56:45Speaker 7: to the development of capitalism itself, as many Christians and
- 1:56:50Speaker 7: Jews in particular were incredibly how do I say, successful
- 1:56:55Speaker 7: in creating many popular and into prices out there. And
- 1:57:02Speaker 7: I remember watching your your your podcast on Zooka TV
- 1:57:06Speaker 7: and you said something really interesting which has to do
- 1:57:10Speaker 7: with a growing rise of anti Jew hatred even in
- 1:57:15Speaker 7: libertarian circles. And my question here and considering that this
- 1:57:20Speaker 7: kind of hatred I tend to see more in collectivist
- 1:57:24Speaker 7: circles like a national not socialism, fascism, and even communism,
- 1:57:29Speaker 7: as you could see here from these people that left
- 1:57:32Speaker 7: the room, do you believe there is a correlation which relates,
- 1:57:39Speaker 7: for example, of the to the capital sin of Christianity,
- 1:57:44Speaker 7: which is envy with them with there is a correlation
- 1:57:49Speaker 7: of this with collectivism and with the anti Jew hatred.
- 1:57:56Speaker 5: I mean I I so let me just say, I've
- 1:57:57Speaker 5: got a couple of talks online on YouTube if you
- 1:58:00Speaker 5: put in you on volcantic Semtism that kind of talk
- 1:58:03Speaker 5: about anti Semitism and anti capitalism, and the two are
- 1:58:05Speaker 5: definitely related. Marx was a real anti semit and to
- 1:58:11Speaker 5: to see this, uh, the first essay he got published.
- 1:58:15Speaker 6: The first essay Marx published was.
- 1:58:17Speaker 5: Called on the Jewish Question, which was a question in
- 1:58:20Speaker 5: Germany at the time about assimilating Jews into society, whether
- 1:58:24Speaker 5: to do it, whether or not to do it, and
- 1:58:25Speaker 5: how to do it. And you everybody should read necessay
- 1:58:29Speaker 5: because it goes to the heart of what Marx is
- 1:58:31Speaker 5: all about. Max is not a scientific economist. Marx is
- 1:58:35Speaker 5: a hater.
- 1:58:37Speaker 6: What does he hate?
- 1:58:39Speaker 5: He hates self interest, he hates individualism, and he associated
- 1:58:43Speaker 5: and he he literally says, the problem with the Jew
- 1:58:47Speaker 5: is he's self interested. The problem with the Jew is
- 1:58:50Speaker 5: he's capitalists, he's trying to make it. And the problem
- 1:58:52Speaker 5: with Christian society is it to become Jewish. He literally says,
- 1:58:57Speaker 5: you know, the Jewish question, the probably the way to
- 1:58:59Speaker 5: solve the Jews question is for Christians to stop being Jews.
- 1:59:02Speaker 5: Never mind the Jews, stop being Jews, everybody should stop
- 1:59:05Speaker 5: being Jews. So so so Marks really makes that link
- 1:59:09Speaker 5: between capitalism and the Jew and uh and condemns the
- 1:59:15Speaker 5: Jew because he manifests self interest in his behavior.
- 1:59:19Speaker 6: This is this is his argument.
- 1:59:20Speaker 5: So there's a deep relationship between the left and anti Semitism.
- 1:59:24Speaker 6: And always has been. And and Communism Inspitteter of the fact.
- 1:59:27Speaker 5: That some of its intellectuals were Jewish, was very antisemitic
- 1:59:30Speaker 5: throughout throughout most of its history. But you know, you
- 1:59:35Speaker 5: said something about Jews and Christians contributing to capitalism. Look,
- 1:59:38Speaker 5: I didn't say there was a conflict between Jews and
- 1:59:40Speaker 5: Christians and capitalism. I said there was a conflict between
- 1:59:43Speaker 5: the ideas of Christianity and Judaism and capitalism, which is
- 1:59:48Speaker 5: not the same thing. Of course, people as individuals, they
- 1:59:51Speaker 5: build businesses, They they even contributed ideologically. I mean John
- 1:59:54Speaker 5: Locke was a Christian, so obviously people who held beliefs
- 1:59:58Speaker 5: contributed enormously to the creation of of of a of
- 2:00:03Speaker 5: a capitalist society. You know, they anti Semitism is always
- 2:00:09Speaker 5: and you know, it's a sad way to end this,
- 2:00:11Speaker 5: but kind of the discussion. But it's it's it's always
- 2:00:14Speaker 5: a feature of tribalism and collectivism when it's your tribe
- 2:00:18Speaker 5: against the other tribe. When it really is when it
- 2:00:20Speaker 5: becomes when people have a sense that it's existential. Uh,
- 2:00:24Speaker 5: they're looking for scapegoes, they're looking for somebody to blame
- 2:00:27Speaker 5: the problems andto and to and to lash out at uh.
- 2:00:32Speaker 5: And and that is that is a feature that develops
- 2:00:34Speaker 5: on the left, and it's a feature that develops on
- 2:00:36Speaker 5: the right. And we're living in the United States right now.
- 2:00:39Speaker 5: It is truly scary as you're seeing anti semitism grow
- 2:00:42Speaker 5: in both the left and the right. I mean, there's
- 2:00:44Speaker 5: a big crisis now on the right with heritage and
- 2:00:47Speaker 5: Tucker Calson if you if you know this stuff. But
- 2:00:51Speaker 5: but it is a consequence of this what's called polarization
- 2:00:54Speaker 5: with this this really these these the division of society.
- 2:00:58Speaker 6: Into tribal mentality, into tribes.
- 2:01:00Speaker 5: And you know, so we need to form a coalition
- 2:01:03Speaker 5: on the right because everybody's welcome as long as they
- 2:01:06Speaker 5: anti left. The unifying factor is the hatred of the left,
- 2:01:10Speaker 5: and of course much of the left, the unifying factors
- 2:01:13Speaker 5: hatred of capitalism or hatred.
- 2:01:14Speaker 6: Of the right, or however they define it. So tribalism
- 2:01:17Speaker 6: and the enemy collectivism in that sense is the enemy. Uh.
- 2:01:20Speaker 5: And in individualistic societies, societies to treat people as individuals.
- 2:01:26Speaker 5: You know, by definition, I'm not going to be anti
- 2:01:28Speaker 5: semitic and are going to be racist. Uh, They're gonna
- 2:01:31Speaker 5: treat each person as individual I mean, I love modern
- 2:01:33Speaker 5: Luther King's statement about you know, look at people's character,
- 2:01:38Speaker 5: not the color of their skin, not not their ethnic
- 2:01:41Speaker 5: origen but but who are they? What is the what
- 2:01:43Speaker 5: are they qualities as individuals?
- 2:01:45Speaker 4: But the Christian added to the words inequalities, not to
- 2:01:51Speaker 4: mention other stuff. It's very, very complex. Let me give
- 2:01:54Speaker 4: you an example. So Christianity so the underdogs in society,
- 2:02:00Speaker 4: the poor, the slaves, even because the Christianity didn't when
- 2:02:03Speaker 4: Christianity emerged, it it didn't stand for the abolition of
- 2:02:07Speaker 4: slavery that was afterwards. So they told the poor and
- 2:02:13Speaker 4: the slave accept inequality, accept it, don't revolt against inequality.
- 2:02:19Speaker 4: You have your masters, you have your rich, accept them,
- 2:02:23Speaker 4: and use your position of inferiority as a sort of
- 2:02:27Speaker 4: training ground for humility that will bring you the favor
- 2:02:32Speaker 4: of God. That's one goal. The other goal was not
- 2:02:36Speaker 4: Christianity right directing itself to the poor and the slaves,
- 2:02:40Speaker 4: but to the rich and the powerful. The Church said,
- 2:02:46Speaker 4: I told those subordinate to you that they should accept
- 2:02:51Speaker 4: your position of privilege. But bear in mind that you
- 2:02:55Speaker 4: occupied that position of privilege with no merit of your own.
- 2:03:01Speaker 4: So Christianity, the legitimated positions of wealth, of superiority, of
- 2:03:07Speaker 4: social superiority, at the same time that it tried to
- 2:03:12Speaker 4: smooth the potential for envy and revolt among the poorest.
- 2:03:17Speaker 4: That's why Marx then said that Mark has this very
- 2:03:21Speaker 4: famous line that religion is the opium of the people,
- 2:03:25Speaker 4: and he was thinking mainly about Christianity, but everyone forgets
- 2:03:30Speaker 4: what it says afterwards about religion. He said, well, this
- 2:03:35Speaker 4: is a big insult to religion, right, because religion is
- 2:03:38Speaker 4: a sort of narcotic and you forget about the oppression
- 2:03:41Speaker 4: that you are subjected to. You are supposed to be
- 2:03:44Speaker 4: leading the revolution, you're not because you believe in false gods.
- 2:03:48Speaker 4: But afterwards Marx says in the same sentence that religion
- 2:03:52Speaker 4: is the only heart that is left in a heartless world.
- 2:03:58Speaker 4: So you see how complex Christians and it can be,
- 2:04:00Speaker 4: even for the formation of the socialist mentality as well
- 2:04:04Speaker 4: as for bringing about the capitalist world as we know
- 2:04:07Speaker 4: it today. It's really really compared to very subtle.
- 2:04:11Speaker 1: Wind wind. On a positive note, just to remind you
- 2:04:14Speaker 1: all that you have those flyers with you, you can
- 2:04:18Speaker 1: stand the QR code and access the link that allows
- 2:04:22Speaker 1: you to sign up or apply for a scholarship and
- 2:04:24Speaker 1: attend for free the conference next year. The ones watching
- 2:04:27Speaker 1: online now, at the end of the broadcast, you'll have
- 2:04:30Speaker 1: an image with that QR code as well. I just
- 2:04:32Speaker 1: want to know that when you're leaving the room, on
- 2:04:35Speaker 1: your right, you're going to have a table with some booklets.
- 2:04:39Speaker 1: Just choose the booklets that interest you the most and
- 2:04:42Speaker 1: take them. They're free to leave. Okay, once again, I
- 2:04:46Speaker 1: want to thank everyone on this panel. Please put your
- 2:04:48Speaker 1: hands together. I also want to thank Lola and SFL,
- 2:05:04Speaker 1: the partners of this event, and the Iron Ran Institute
- 2:05:07Speaker 1: for being the sponsor. And once again, let's hear it
- 2:05:09Speaker 1: for the Spanel. Thank you very much for being here.
- 2:05:12Speaker 2: It's great Africa.