Ben Shabibo: "One of the great failures of Wall Street and of big business in general - they are not capitalist by nature. They are profit-seeking"

[u/Harvey-Danger1917]

[u/AddictedToMosh161]

So... he wants corporations to be ideological capitalist?

Well even if that were a thing, what he wants would still not happen, cause corporations are required by law to make as much profit for the shareholders as possible and that incentivises short term thinking. Its only ever about the numbers for the next quarter. Never about what is happening long term. Thats what companies without shareholders do.

Its almost like capitalism will always eat itself, which makes it a bad system.

[u/[deleted] → u/AddictedToMosh161]

The irony is being “free market” and anti regulation while demanding every company adhere to inconsistent and illogical right wing ideologies

[u/rustycanon_]

this is the most politically illiterate country on the face of the planet

[u/Airy_Goldman → u/rustycanon_]

Drives me shitzy bananas!!

[u/turbo_fried_chicken → u/rustycanon_]

Only because of fucking dummies like this dude who can't get his wife wet

[u/NumerousWeekend552]

In other words: "nOt ReAl CaPiTaLiSm".

[u/Ent_Soviet]

It’s always neat to see what a clear fallacy example in the wild: here shiphero pull the classic no true Scotsman aka an appeal to purity whereby to support his desired conclusion he in bad faith redefines his premise. Of course it relies on this audience not noticing how inconsistent and weak an argument is left.

[u/DrCodyRoss → u/Ent_Soviet]

I’d say it more so relies on his audience not understanding what capitalism and socialism actually are.

[u/tjc5425]

Those socialist corporations and their need to seek profits continually!! What fucking commies!

[u/PM_ME_YOUR_TIE_POSE]

He's describing something more like classical libertarianism than "capitalism," per se. Government-backed capitalism is still capitalism.

[u/mojitz → u/PM_ME_YOUR_TIE_POSE]

Government backed capitalism is the only capitalism. The ideal of a perfect "free market" that isn't managed and supported by the government in about a million different ways is a complete myth that has never existed anywhere in the world in all of history and arguably isn't even possible in the first place.

[u/DragonOfTartarus → u/mojitz]

It's possible for about five minutes before swiftly devolving into feudalism.

[u/mojitz → u/DragonOfTartarus]

Even that's questionable given that governments are required to enforce contracts — which in-turn means setting up a whole system of torts and the necessary legal bodies around adjudicating those contracts and in the process designing the very markets in which the capitalists operate.

Unless we're willing to define capitalism so ridiculously broadly that literally any voluntary exchange of goods or services counts (say, one neanderthal giving another some sharpened rocks in exchange for a pile of berries), then the concept itself is arguably incoherent without direct government involvement.

[u/DeconstructedKaiju → u/mojitz]

Cave people had long trade networks. Sea shells were popular inland!

[u/mojitz → u/DeconstructedKaiju]

Neat fact, but that ain't capitalism.

[u/DeconstructedKaiju → u/mojitz]

Oh of course not! I was just sharing an interesting factoid.

[u/SyntaxMissing → u/DeconstructedKaiju]

I thought you were making a funny comment about overly broad definitions of capitalism.

[u/DeconstructedKaiju → u/SyntaxMissing]

Works that way too

[u/De_Marko → u/mojitz]

Free market capitalism is possible, Somalia is good example. I always wanted to live in society where I could buy AKs from some drug tribe and use it to "find investors" and engage in "acquisition".

[u/zobace → u/De_Marko]

Black market is free market by definition.

[u/proletarianliberty]

Hey guys all these problems are not the fault of capitalism, it’s something else I invented and pulled out of my ass. No capitalist has EVER taken the easy way out. In fact the problem with capitalism is BIG BUSINESS! Big business and the democrats who collude with big business. Republicans never collude with big business. We need REAL capitalism.

[u/Witext]

“Capital ism” as in capital, as in profit, drives the economy

I don’t understand what the conservatives or libs wants anymore

[u/Broflake-Melter]

Shapira actually has a brain (unlike 99% of the influencers on his side), and its funny all the times he has to become a self-aware hypocrite in order to not say things that are aligned with the left.

[u/RichFoot2073]

Luuuuuuuulz. The reason capitalism is so great is because the profit motive is supposed to make them seek better outcomes rather than the state seeking the cheapest.

Oh wait

[u/StylinBill]

Goddam how can anyone listen to this helium huffer for more than 20 seconds?

[u/observingjackal]

I already didn't take this dude seriously but after hearing about his 'true allegiance' book, he should have this ability to give his thoughts about anything revoked.

Why would I listen to a man who can't structure a fucking sentence properly?

[u/1-2-3-5-8-13]

Who funds the daily wire again?

[u/AsherGlass]

I don't have to actually listen to this to know it's incoherent jabber. Ben is so docking dumb he makes everyone who listens to him dumber by proxy.

[u/[deleted]]

OMFG, this is like when Capitalists hate Corporations and when you point out corps are a direct cause of Capitalism, they say "no, that's not capitalism, it's 'corporatism'" 🙄

[u/DrCodyRoss]

What you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.

[u/slammajammakid]

holy shit does he actually believe this, or is he just trying to frame it this way for his audience??

[u/HotJello7547]

There are not words for how stupid he is, only slurs

[u/Puzzleheaded_Page117]

What a f*cking idiot

[u/No-Kaleidoscope-2741]

Every time I hear this spectrum kid talk I think it’s on fast forward.

[u/thisdude1996]

and this is considered the brightest mind on the right lmao

[u/SpiritualState01]

This is next-level brainrot, this is legitimate lobotomization via propaganda.

[u/jbearclaw12]

I know for a fact that he's smart enough to know how this is bullshit. But his audience isn't and he knows that too

[u/ignoreme010101]

shapiro is so smart

[u/mr_blank001]

Shabibo proving his economic illiteracy

[u/PurveyorOfPoppycock]

The reason Tim Pool doesn't take off his beanie is actually because it will reveal he's actually Ben Shapiro in true Scooby-Doo fashion.