FA Hayek - How Unions Cause Unemployment

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Professor Hayek shares a subtle and sophisticated understanding on the real world dynamics of labor unions. www.LibertyPen.com
Video Rating: 4 / 5

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  • ShinEmperor

    There’s a lot of hate on unions and I respect that some people think they are a problem. However, some social activists (Noam Chomsky) have pointed out, correctly btw, that unions have often been a driving force for social change and equality. It’s something to consider when we debate “the economy” people tend to get caught up in the numbers.. and completely forget the people. Right or wrong, Chomsky makes a valid point…. and it’s something we should keep in mind.

  • WhyMeMoFo

    @TheSWTORMMO Uh oh, I got it now. I’m having a conversation with a 19 year old. Move out of your parents house shit head and live a little. I have t-shirts with more experience ion life than you do.

  • WhyMeMoFo

    @TheSWTORMMO Just intolerant of people like you. Yes, 100% intolerant. You are vermin.

  • TheSWTORMMO

    @WhyMeMoFo The last statement you made shows how ignorant people like you really are.

  • WhyMeMoFo

    @TheSWTORMMO His ENTIRE methodology is fraudulent. He makes up a statement about his theory. He calls it a truism. Then he examines his decree against evidence. When the evidence indicates that his made up statement is non-viable, he discounts the evidence and relies upon his made-up statement.
    Yup, 100% PURE and unmitiaged bullshit. You are nothing but a total scum bag asshole to buy into it. You self serving pig. Now go kill yourself like Hayek should have….

  • TheSWTORMMO

    @WhyMeMoFo So that somehow proves he’s deceitful and dishonest fraudulently, as in, purposefully? You’re a sad joke.

  • WhyMeMoFo

    @TheSWTORMMO Are you asking me to prove his fraud? Want to rethink that? Hayek’s entire fantasy is built upon deductive logic, which can be useful but is not a key tool in the search for answers. Hayek made a statement and then said, Everything that does nto meet my theory is outside it and only those things that confrom are correct. This is quite different than inductive reasoning which true scientists utilize. You know, the ‘Scientific Process’….lol

  • TheSWTORMMO

    @WhyMeMoFo You haven’t given one reason why he was a “fraud” or “dishonest.” You just throw these insults out but there’s nothing supporting them. Grow up and start reading more. Get educated on things you know nothing about.

  • WhyMeMoFo

    @TheSWTORMMO Perhaps a touch of hyperbole, but my point is the same. Hayek was a charlatan and a fraud. Nothing more. Only the lowest denominator of sleaze bag subscribes to his voodoo bullshit. You stand on the side of idiots and scum bags…congrats.

  • TheSWTORMMO

    @WhyMeMoFo Stop saying these things to get a reaction. No one is that stupid and ignorant, cut the trolling out.

  • WhyMeMoFo

    @TheSWTORMMO Hayek was a deceitful and dishonest fraud. He should have been dragged out into the street and executed like the animal he was.

  • WhyMeMoFo

    @TheSWTORMMO Without any doubt, whatsoever, I have more education in my finger than you can claim for your entire life. If you believe in this mystic bullshit, you’re even dumber than your comment. You should fear Hayek’s predictions (they are nothing more) because you would be my slave.

    Educate that asshole…

  • TheSWTORMMO

    @WhyMeMoFo It doesn’t get much more typical than that. You’ll come around one day and become educated on topics you aren’t grasping now.

  • WhyMeMoFo

    @TheSWTORMMO Suck my nut sack after your wife finishes up. YUMMY!

  • TheSWTORMMO

    Hayek was a genius. We need more geniuses like him.

  • TheSWTORMMO

    @WhyMeMoFo You’re a typical ignorant fool. Get out.

  • WhyMeMoFo

    @fzqlcs Truth? Are you totally deranged? One would have to be to ever think that economics is anything but pure contrivance. And the unmitigated gall to call it a ‘science’ is only the first of the many lies expounded in poorly run economics departments today.
    That is the only truth here young lady.

  • fzqlcs

    @WhyMeMoFo poor baby, the truth must have hurt. btw, didn’t Nazis want to kill those they disagreed with? gee, who does that sound like?

  • WhyMeMoFo

    @jbpnw “Unions will be the death of the American economy while ‘political correctness’ continues to undermine the whole of free speech.”
    1) Atre you just another dumb white man?
    2) You don’t have a right to free speech, wake up.

  • WhyMeMoFo

    Someone should have executed this Nazi scum bag!

  • 1969lincolnosiris

    @Boredpersons55
    I DID read “Road to Serfdom.” That is how I knew that Hayek’s views were fundamentally flawed.

    I worked for a collectively owned company, where every worker was rewarded with a share of the profits.

    We grew the company from a worth of $14 Million to $155 Million in ten years. There was actually an incentive to work hard, instead of a pathetic IMPOSED, FALSE labor value, like a privately owned company.

    Every employee walked away wealthy, because of collective incentive.

  • Boredpersons55

    @1969lincolnosiris

    NLRB? Is that not a central planning of a sort?

  • Boredpersons55

    @Boredpersons55

    And that’s all, he is for limited government intervention.

  • Boredpersons55

    @1969lincolnosiris

    You obviously don’t know Hayek. If you actually read “The Road to Serfdom,” you can see that he does not argue from a strict laissez faire attitude, and, in fact, encourages government intervention in wages and working conditions.

  • Loomr

    @1969lincolnosiris You are absolutely free to not work in a job that you don’t like. You can change your job today.

    Unions on the other hand use government backed up coercion. (the right to not work, and still get paid - a strike, they have taken the employers right to not pay for a worker who doesnt do any work. Im sure you wouldn’t pay someone who didn’t do his job, why should you?). This is the only reason they can “negotiate” their deals, although I prefer the word “coerce”.