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🗓️ 2 December 2025
⏱️ 66 minutes
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| 0:00.0 | There are very weird things going on in the world that I think you have a unique lens on. |
| 0:03.8 | So over your shoulder, I see Anne Rand. |
| 0:06.4 | Yeah. |
| 0:06.9 | And we just had a socialist get elected as the mayor of New York City. |
| 0:11.9 | So as a sovereignty guy, as somebody who thinks about money and wealth from cause and effect ground up, how do you feel about that? |
| 0:20.2 | Oh, yeah. Well, first of all, I don't |
| 0:22.8 | follow politics closely. I have heard of this individual being elected. I found it very concerning. |
| 0:29.8 | People were reposting him tweeting Marx's infamous line from each according to their ability to each |
| 0:36.1 | according to their need. |
| 0:44.2 | And like if you've been a student of history, you will know that those words have, you know, |
| 0:47.7 | underpinned the murder of millions, hundreds of millions potentially. |
| 0:53.8 | This idea that we can just come together in brotherly love and organize an economy. |
| 0:55.9 | Like it doesn't work, right? People move based on incentives. And so, you know, as Mises proved in his crowning achievement of |
| 1:02.8 | the Austrian business cycle theory, like socialism slash communism does not produce prices. |
| 1:08.9 | Therefore, there is not data propagating throughout the market space. |
| 1:13.2 | So you end up with just the government being the arbiter of all goods and services. You end up with a lot of |
| 1:17.9 | shortages, a lot of surpluses, and a lot of coercion and confiscation, basically. So it's like it may |
| 1:26.2 | sound, you know, benign. Oh, this idea of all, all of us coming together and ignoring money and ignoring market incentives and ignoring economics and we'll just, you know, from each according to their ability to each according to their need has such a romantic tone to it. But the reality couldn't be further opposite almost. Like it is an actual |
| 1:46.8 | murderous ideology. So to see it coming back, I think is very concerning. Now, my deeper |
| 1:53.4 | conspiracy theorist hat thinks, because this guy is, he's Iranian. Is that right? Middle Eastern? |
| 2:01.1 | He's from Uganda. |
| 2:02.9 | Uganda. |
... |
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