ToKCast

Ep 94: Wealth and the Conflict of Ideas


Listen Later

I recommend this episode be viewed in its video format here https://www.youtube.com/watch?v=TfuQI_LgDBE or here https://odysee.com/@BrettHall:c/wealth-and-the-conflict-of-ideas:1 as it's got lots of nice images and videos...some of which I constructed myself. That said, the actual "message" can be appreciated fully with audio only. 

 

Although I do not explicitly mention it, this entire episode was motivated by a Sam Harris “meme post” found here: https://www.instagram.com/p/B-sWqk5n1... The claim that appears there (which reads “The free market is not producing effective responses to our most important problems” is emblematic of an intellectual culture that now holds sway not only in the academy but broadly in public discourse and, of course, it is readily consumed by people hungry for simple solutions and perversely promoted by business people afraid of their left-leaning customers. In this episode I spend time on a very brief historic analysis of the motivation for such rejections of freedom and capitalism (which we must admit are relatively new creations when put beside ancient tribalism) and I look at some of the failures of central planning or rejection of the free market. I agree with those who say “there is no actual capitalism” there are merely degrees of socialism in existence. Where there is freedom in a socialist framework, to the degree there is freedom: wealth grows. And to the degree there are top down controls: poverty increases. I regard this as an opportunity cost to some extent. It should not be necessary to defend the fundamentals of economic systems that allow for wealth creation and problem solving. But we live in a time where, for various reasons, a neo-Marxist move is on the ascendency. On that: I also voice concerns I have about allies on the side of liberty turning on one another rather too often out of concern this or that “capitalist” is not sufficiently “capitalist”. I see this as a wonderful way for socialists to continue to gain ground in institutions at all levels of government. A partial script for this episode can be found here: https://www.bretthall.org/our-most-im... This video and ones like it take many days (sometimes weeks) of production from research and reading for the script through to filming and audio recording, searching libraries of stock videos and music, organising copyright issues and finally editing - because I work alone. If you would like to support this effort, you may donate at www.bretthall.org where there is a "Donate" button for one off or monthly donations. On the same page are links to my Patreon accounts where you can also support me. Thankyou :)

...more
View all episodesView all episodes
Download on the App Store

ToKCastBy Brett Hall

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

94 ratings


More shows like ToKCast

View all
The Knowledge Project by Shane Parrish

The Knowledge Project

2,699 Listeners

Making Sense with Sam Harris by Sam Harris

Making Sense with Sam Harris

26,354 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,093 Listeners

Into the Impossible With Brian Keating by Big Bang Productions Inc.

Into the Impossible With Brian Keating

1,066 Listeners

Hidden Forces by Demetri Kofinas

Hidden Forces

1,439 Listeners

The Michael Shermer Show by Michael Shermer

The Michael Shermer Show

938 Listeners

Naval by Naval

Naval

2,122 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,997 Listeners

The Saad Truth with Dr. Saad by thesaadtruthwithdrsaad

The Saad Truth with Dr. Saad

1,188 Listeners

Dwarkesh Podcast by Dwarkesh Patel

Dwarkesh Podcast

519 Listeners

Theories of Everything with Curt Jaimungal by Theories of Everything

Theories of Everything with Curt Jaimungal

26 Listeners

Patrick Boyle On Finance by Patrick Boyle

Patrick Boyle On Finance

185 Listeners

Joe Lonsdale: American Optimist by Joe Lonsdale

Joe Lonsdale: American Optimist

168 Listeners

The Poetry of Reality with Richard Dawkins by Richard Dawkins

The Poetry of Reality with Richard Dawkins

92 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

473 Listeners