If unregulated, free market economics is so great, then why did the Gilded Age happen?

If unregulated, free market economics is so great, then why did the Gilded Age happen?

America was still a melting pot at this point, 'progressive' leftism didn't exist yet, and the holohoax had not yet been memed into existence, so screaming "THE JEWS" is not an argument.

Other urls found in this thread:

youtube.com/watch?v=0qezLhypA0Y
orionsarm.com/fm_store/OrbitalRings-I.pdf
orionsarm.com/fm_store/OrbitalRings-II.pdf)
twitter.com/AnonBabble

Jews have boon controlling the economy since the Renaissance

the jew

It is not great, only fair.

Rockefeller didn't come from money and he had no connections. He was born in the slums of New York, which is why I used his picture in the OP.

You're going to have to try a little harder than that.

I have never heard a rational argument against antitrust laws like those that dismantled US Oil.

Less regulation != no regulation

Trump is pro-tariff (Forcing businesses to stay in the US to be profitable is a regulation in everything but name)

Jews have been traditional bankers and moneylenders since literally Rome.

Progressive leftism didn't exist yet?

Are you retarded son?

what's the problem? the gilded age was a prosperous and just era. only commie faggots hate it because it was better than their epoch.

Pretty much every monopoly that existed was losing market share to its smaller and more innovative competitors when the government broke them up.

Generally speaking, monopolies are a self correcting problem, if they're even a problem.

A lot of the "robber" barons of the era were basically in a race to see how much money they could give away to public works. Destroying them to create a welfare state doesn't really make much sense, unless you're a mentally ill progressive, I guess.

The gilded age ended before Wilson became president. Try another picture.

>The term for this period came into use in the 1920s and 1930s and was derived from writer Mark Twain's 1873 novel The Gilded Age: A Tale of Today, which satirized an era of serious social problems masked by a thin gold gilding.

Literally what?

Unregulated capitalism sounds to me like I can point a gun at stuff and demand money

Sounds like a good way to get shot.

>were basically in a race to see how much money they could give away to public works

Why were unions such as the IWW created and sustained in the first place, if the robber barons were giving away so much?

jews where jewing everyone from times immemorial.
why do you think mein fuhrer rounded them up?

Same reason they are now.

People want money for nothing.

>you mean I'm actually expected to do the job I agreed to if I want to get paid

Ok then, id get some bros, brew some homemade ether and stalk a place, figure out the security protocol, go at night with at least 5 other guys, throw my sleeping gas granades into the central AC system of the place, then cut the power off and simply wait. Then enter with gas-masks and then pursue some unregulated capitalism.

>Pretty much every monopoly that existed was losing market share to its smaller and more innovative competitors when the government broke them up.
You don't know shit.

Supermarkets love to dump shit in some areas where they don't have monopoly yet until they wreck their competition. Sure they will lose money in short term but they can afford it. Unlike "smaller and more innovative competitors".

triangle shirtwaist factory fire, 1911
that's what unions are for

do it
you won't

You forgot the dirt bikes.

Gta 5 was pretty fun, I liked that heist too.

Does a small market have the variety or competitive prices of a super market? No? Then the consumer will decide who is more worthy. The small business will innovate to carry items the supermarket does, figure out pricing, or else they will fail. A supermarket coming to an area cuts down costs of ordering a common good since they will be ordering it, the transportation wont have to make special little trips out to bum fuck nowhere

The Gilded Age was the largest economic growth in human history, and you're complaining about it?

You pretty much know dick about shit. GTFO my Sup Forums and go to college or something.

>liberal logic

Capitalism is the only moral system.
Youtube Yaron Brook.
1800s USA was an economic Miracle.
How did a 3rd rate colony become the mightiest country in History?
FREEDOM!
Imagine the lazzie faire paradise if we deregualted?
Thorium atomic power.
Mass housing cheaper each year like desktop pc.
Medical innovation and competition making prices low.
Single moms not paid ot have kid.
No jail for stupid domestic violence bullshit or drugs.

Democrats are fascists/communists/nazis.
A liberal is a person for freedom, aka a capitalist.

>If unregulated, free market economics is so great, then why did the Gilded Age happen?

Cool argument.

It shouldn't be unregulated, the only thing worse than AnCaps are commies

Honest answer?

It's always been a balancing act between regulation and free markets.

A totally unregulated economy will be brutal on the losers and great for the winners; it will also encourage massive speculation and lead to huge swings upward and downward. A highly regulated economy will see few people in abject poverty, but will also be stagnant and provide no real opportunity to get ahead for anyone, which means no incentive for hard work or innovation.

The trick is to create a robust economy with opportunity and incentives but is also relatively stable and doesn't leave people in the street just because they had a run of bad luck. There's frankly no easy answer.

Conservatives have arrived at a general consensus that fewer regulations are generally better overall, but zero regulation is unrealistic and foolish.

Liberals are too scared to risk anything and just want mommy and daddy to take care of them forever, so they want a highly regulated economy so they can continue to be children forever and ever.

TL;DR, this shit is complicated. If it were easy, we'd have achieved utopia by now.

>muh freedom

This is not actually how it happened though.

The US Government gave a monopoly on mail service to the USPS. The fees charged by USPS, above what private competition attempted to provide, were used to pay for roads. The government banned competition in the postal domain.

The government instituted a national bank and embarked on the largest infrastructure projects ever like the Cumberland pass and Erie canal.

These projects were kicked into higher gear with the transcontinental railway and eventually mass highway construction, hydroelectric power, rural electrification, and so on that gave birth to the first majority middle class.

If you know how this happened, you are most of the way to making it happen again. Empty slogans like "muh freedumbz" didn't do it - rational, thoughtful, and epic scale productive infrastructure investments did.

Can we repeat this process today?

Yes, we can repeat the process.

Is it possible to build a space elevator today?

Yes:

youtube.com/watch?v=0qezLhypA0Y

The key idea is the Orbital Ring version of the space elevator, not the geosynchronous tether concept you are familiar with.

See, for example, Paul Birch's writings:

orionsarm.com/fm_store/OrbitalRings-I.pdf

The orbital ring only requires tethers about 300 kilometers long which is technically feasible with common material like steel, but ridiculously straightforward with better and already available material like kevlar.

There are some important questions. First, how much would it cost to do something like this?

We need to send about 160 million kilograms of material into space (See Birch's boot strap estimates in part 2: orionsarm.com/fm_store/OrbitalRings-II.pdf)

We have rockets available at $2000/kg costs to LEO today in "mass production" mode, which is only about 10-20 launches per year. Compared with the couple thousand launches necessary for a space elevator, $2000 is an unreasonably high upper bound for launch costs.

We also need to include the cost of materials. A space elevator is about 98% steel and aluminum, 1% kevlar, and 1% other such as superconducting magnets. Most of the mass (98%) cost around $1/kg, with an average cost per kilogram of no more than about $10 per kilogram.

Summing the above up, we get about $430 billion in launch costs plus another $1-2 billion in material costs.

In other words, we can have a space elevator for less than $450 billion - significantly less than one year worth of DoD spending, one bank bailout, many times less than a variety of pointless wars, etc. This is well within our reach financially in other words.

What do we get in return for this $450 billion investment?

Virtually unlimited value. For example, with a space elevator we can reliably launch our nuclear waste into the sun. We've spent $100 billion building a waste repository in Nevada, but it was ultimately decided not to even use it. Now it costs only a dollar or two per kilogram to get rid of all of the nuclear waste in the world.

Second, we have immediate access to viable asteroid mining industry. Because the cost of delivering payloads to LEO drops to about $1/kilogram, we can not retrieve asteroids with trillions of dollars worth of minerals for mere tens millions of dollars in addition to having an easy viable way of returning those resources back to the surface.

We acquire the ability to deploy profitable solar power in orbit above cloud cover and with the ability to return said power back to the surface with near zero loss by running power transmission cables down the elevator.

Just how profitable?

With increased luminosity in space, enhanced exposure time, and the ability to deliver base loads, solar panels pay for themselves in only 1-2 years while having a 20 year life time.

In other words, if you put $5 trillion of solar panels into space, you get your $5 trillion back by the end of year two and a $5 trillion income stream each year thereafter.

In other words, the US could cut everyone's taxes, both personal and business, income, capital, death, or otherwise, all to 0%, not even cut any benefits or current spending, and pay off the national debt within a decade.

It should already be obvious that the entirety of the political debate spectrum is cointelpro.

Are taxes too high or too low? Irrelevant, we don't actually need taxes.

Is social spending bankrupting us? Irrelevant, we can retire the national debt without cutting spending all while having no tax whatsoever.

What does this have to do with taking the red pill?

We've had the technological ability to undertake such a project for decades.

That means all the squabbling you have heard your entire life, money, debt, spending, taxes, scarcity, whatever, is all bullshit. Not only is it bullshit, anyone with rudimentary knowledge of the world has known that it is all bullshit for all of this time.

In other words, once you come to understand the such a project is and has been technically feasible for decades, you have to reevaluate many things.

Why is there nothing of this in the conspiracy media? They are not really trying to expose or solve any problems. One hundred percent of it is cointelpro. From the Young Turks to Infowars or whatever, they are all completely full of shit because solutions to our problems not only exist, are easy to carry out, but this has been the case for a very long time.

Similarly, you now know that 20%+ annual GDP growth is possible. If Trump gives you 3-4% instead of Obama's 2%, he is simply working with the establishment to try to placate and subvert a rising tide. If we see the easily achievable 20%+ growth rates, it is at least possible that he isn't a subversive. Anything less and you know he is a fraud.

>why did the Gilded Age happen?

as someone who genuinely used to be a piece of shit and do security for heroin dealers, hookers and so on - no, you wouldn't. real life ain't as easy as the movies, huekid

>Can we repeat this process today?

Not without the cheap energy and massive resource subsidies that we burned through to make all that in the first place. I honestly can't take these debates about free market vs capitalism vs government regulation vs dem/rep etc. because, the bottom line is, we've burned through the great majority of cheap, accessible energy that allowed us the capability and surplus to even build up to those ideologies, markets, and standards of living. Eventually something will cave and then the "free market" becomes whomever gathers and protects his stash of canned foods against his neighbors long enough to survive the collapse and subsist on what little resources remaining (with alliances of surviving family, friends, and neighbors).

sounds like a good way to get shot

>the us government

well there's the problem, dingus. capitalism, money and labor are all tools - nothing more. just because some nefarious group of people like those involved with the government get their hands on it doesn't mean that those tools are the problem. use your fuckin' head a bit.

>so screaming "THE JEWS" is not an argument.
Yes it is an argument

fuck you leaf

how many shootings did you survive?

I survived 3
fuckers decided to build a lab next to the fucking favela and now I gotta deal with this shit

The supermarket is, for the consumer, superior to the small market. The small markets simply cannot compete, it is a question a wether we allow supermarkets to drivd out the small buisinesses or use regulation to protect them. The only way to give supermarkets competition to make them innovate is to have othet supermarkets to conpete with them.

So is he a fraud? What exactly would he risk "making it happen again"?

Hold on now. Let's remember where you are. You're actually expecting 12 year olds and people with double-digit IQs to even know what the fuck the gilded age even is?

Bate

>monopolies are a self correcting problem, if they're even a problem.
How many commercial operating systems are there for the desktop PC architecture?

Hold up are you the old space elevator circa 2013-2014?

Dude, the maintenance of such a project would quickly exceed any inferred gains. Do you know how much shit is actually flying around our planet? Well, here's a hint: stuffin(dot)space. Not to mention the meters and debris that only become visible mere hours or just plane after the fact that they pass us. The moment just one of those fuckers strike, there goes your $5 trillion.

Space is sort of a last minute dream for immortality people are having because they instinctively know life on Earth is fucked sooner rather than later. The bottom line is that energy reserves as we knew them are near depletion, country after country doubled down on debt growth, technology, and human ingenuity to pull us through, all the while taking no precautions (except feel-good, lazy shit like solar panels) to prepare for any collapse of infrastructure. Blame it on the jews when your starving.

>gilded age
>unregulated
Here's your first mistake

>Violating NAP

>import millions of poor
>hehe see the supermarket is winning, people don't actually want quality stuff