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Reddit mentions of The Politically Incorrect Guide to Capitalism

Sentiment score: 3
Reddit mentions: 7

We found 7 Reddit mentions of The Politically Incorrect Guide to Capitalism. Here are the top ones.

The Politically Incorrect Guide to Capitalism
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Found 7 comments on The Politically Incorrect Guide to Capitalism:

u/mahkato · 17 pointsr/PoliticalDiscussion

> No HUD? I guess no black people are ever gonna vote for him anyway. Commerce. Well, it certainly hasn't helped economic growth over the past 100 years!

Paul follows the Austrian School of economics, which argues (among other things) that government intervention in the economy generally hurts those it purports to help. The Politically Incorrect Guide to Capitalism is a good primer on this.

> TSA abolished - theoretically I support this, but, is he changing the TSA or just abolishing it. I mean it's completely overboard, but some security for flying might be useful.

The TSA is security theatre. It does nothing to make you actually safer when you fly. See /r/OperationGrabAss.

> ending all foreign aid - Callous. One reason I don't like Libertarianism. Every man for himself.

Foreign aid sounds good in theory. In practice, it's money from the poor people of a rich nation being given to the rich people of a poor nation. It tends to keep poor countries poor and oppressed. If you are trying to sell your corn at a market in the middle of Africa, what's going to happen to your business when Uncle Sam opens a booth next to yours and gives corn away for free? Not much point in farming anymore.

> Keeping entitlement programs for all seniors and veterans - Where does this fit into the ideology? How much will this cost?

Our government has made many promises to millions of people. We should aim to keep as many of those promises as possible (while not completely bankrupting ourselves) and STOP making new promises to people.

> 10% reduction in federal workforce - Where? Why is it waste? Does this count people fired from the abolished departments? Guess this will raise unemployment.

Remember that government employees are paid by the taxes paid by private-sector employees. It may raise unemployment temporarily, but as services shift from the public sector back to the (more efficient) private sector, productivity will rise and unemployment will fall again.

> "slashes congressional pay and perks" - Yay! Only the independently wealthy shall rule!

I think the idea is that our public servants should be doing this as a public service. But I agree that lowering legislative pay too much can be counterproductive.

> elimination of all previously issued regulations implemented via Executive Order - Which are?

Good question.

> Full audit of Federal Reserve - Which will say end the fed?

The audit would further expose the shady dealings that have been uncovered by the partial audit, such as the transfer of hundreds of billions of dollars to foreign interests.

> legalize competing currencies - Guess its true to his promises.

This gives the U.S. Dollar some real competition, which forces its overseers not to abuse it. If inflation becomes a problem, people will flee to other currencies. Right now, there is no place to flee.

> cancel all US Government debt to Federal Reserve - I mean, I can't argue with the logic here. The US government holds US government debt. What were they thinking?! I guess they were thinking "suckeeers"

Not sure what you mean here, exactly, but the Federal Reserve isn't really part of our government. It's a quasi-public banking cartel.

> He picks and chooses the parts of libertarianism that he likes, but I don't see that he's a libertarian. Conservative maybe, Constitutionalist I guess.

He may not be a pure libertarian, however, this budget isn't a foolhardy attempt to totally dismantle the federal government as many libertarians may want; it's an attempt to balance the budget within one term.

> The budget really highlights how un-progressive he is though, and to me shows that he might be anti-war, but it's not for the same reasons as the left. I wouldn't ever vote for him or anyone like him.

Paul believes that the solutions to society's problems can be solved better through voluntary action and self-reliance than they can through the coercive action of government.

u/fieryseraph · 5 pointsr/Anarcho_Capitalism

These books opened my eyes - Economics in One Lesson by Henry Hazlitt. Also The Politically Incorrect Guide to Capitalism. Start checking out mises.org and lewrockwell.com, and look for every youtube video/podcast you can get your hands on by Tom Woods. :-D

u/aletoledo · 1 pointr/Anarcho_Capitalism

Tom Woods is a good author with a couple of books. You'll also find a bunch of good info at his website.

I think my best recommendation though would be the Politically Incorrect Guide Capitalism and the
The Politically Incorrect Guide to the Great Depression and the New Deal