Capitalism vs. Socialism: The Bruenig-Caplan Debate

“Capitalism” and “socialism” – what do these words even mean?  You could just say that capitalism is the economic system of countries like the United States, and socialism is the economic system of countries like the former Soviet Union.  In that case, I’d say that capitalism is at least ok, while socialism is hell on earth.  Perhaps my opponent would even agree!  It’s more fruitful, though, to treat capitalism and socialism as positions on the ideal economic system.  Something like: the capitalist ideal is that government plays very little role in the economy – and the socialist ideal is that government plays the leading role in the economy.  In that case, I say that capitalism is awesome, and socialism is terrible.

Seasteading Thought Experiment

I find this scenario useful when considering any issue that involves being “captive” (more or less) to a geographic location. How much does this “captivity” allow others to control us or force us to make concessions to the will of others? For example, the issue of immigration, when considering this scenario, is seen as one of necessarily forcing fellow natives to live with either open borders or controlled borders.

Familial Obligations, Immigration, & Incestuous Relationships (32m) – Editor’s Break 056

Editor’s Break 056 has Skyler giving his commentary on the following topics: the obligations children have toward their elderly parents, his commitment and the importance of providing a multi-generational household for his children and grandchildren, the phenomenon of immigration and the crimes committed by immigrants and refugees, and whether or not incestuous relationships and their reproduction should be considered crimes.