/liberty/ - Austro-Libertarianism

that theory puts the elite as the victim. I have another theory, they support socialist causes, because that way they can make all humankind poor so they can be the only rich people

>>287 (OP) 
>The current rich elite are highly anticapitalist because they inherited their wealth from their parents without any work of their own.
The current rich elite control the money printers, they literally print dollars and give it to themselves. I agree with your basic premise though that the 1% hates the free market because that's not how they got their wealth.

Talking points about inheritance and inter-generational wealth is just a cope for marxists who get all their economic information from a guy who died 30 years before the federal reserve and pretend the 20th century simply didn't happen.

>This self destructive behavior is the reason that trust fund babies are supporting socialist causes which undermine their own interests and the interests of others.
Socialism doesn't really undermine the interests of the rich elites though. Giving up all your freedom and wealth to the government is the same as giving up all your freedom and wealth to the rich elites who own the government.

>>288
>>289
But they won't even be rich themselves.  C.f. the Russian revolution.
>>289
>Talking points about inheritance and inter-generational wealth is just a cope for marxists who get all their economic information from a guy who died 30 years before the federal reserve and pretend the 20th century simply didn't happen.
I apologize for doing the whole, "It's different this time," but I really do think something is different about the latest generation.  If you've ever interacted with some of these trust fund babies, there's this despair and nihilism to an extent that I've never seen with their parents, and wouldn't expect from kids with silver spoon in their mouths.

In the past, they'd blow their parents' money on cults and illicit drugs; but now it's depressing international conferences and psychotropic drugs--O.K., those are basically the same thing, but accepting that I'm trying to be humorous here, do you get what I mean?  Before, when meeting with clients, there was almost this indignant, arrogant "I pulled myself up by my bootstraps" attitude regardless of whether they actually did.  Now, there's this patronizing, arrogant "I don't deserve any of this" attitude regardless of whether they actually do.

My counter-point: socialism has always been bourgeoise. Marx and Engels were both university educated academics, and of course socialism had, and has continued to have, significant support among the aristocrat elite, and academia. Academia itself being an extension of the Church, the Church being an institution of the Holy Roman Empire, that is to say the nobility or aristocracy. Not to mention, historical materialism is simply secularized repackaged Christianity. So, Socialism originated from a subset of the European nobility, in reaction to the rise of liberalism after the American and French revolution. It is a senile attempt to sell a reformed Feudalism to the proles as a compromise between the church, the state, and liberal reformers, while allowing the disenfranchised nobility to reclaim power, turning the aristocracy into bureaucracy. This is why socialism is a plague among entitled yuppies, many of whom inherited their wealth from parents of well off, well-connected European families of lesser nobility, OR are simply surrounded by these kinds of people, who find socialism uniquely appealing, as by design.

Source: My ass.

>>297
Source:  The Anticapitalist Mentality, p.8

>>296
>But they won't even be rich themselves.  C.f. the Russian revolution.
What do you mean? Stalin was the richest man who ever lived.

>>296
>I really do think something is different about the latest generation
Ok but why does it matter. Several generations of parents worked hard and made sacrifices to build up this intergenerational wealth and now some degenerate douchebag  is wasting it. It's none of my business. It's none of your business. It is BLM style propaganda. It is a tiny insignificant occurrence that they rub in your face because they know it will trigger you because muh injustice or whatever. The simple fact is that your wealth is your property and you can give it to whoever you want including your douchebag kids.

>>297
>My counter-point: socialism has always been bourgeoise. 
Thomas Sowell has a good quote about exactly this
>The Marxist constituency has remained as narrow as the conception behind it. The Communist Manifesto, written by two bright and articulate young men without responsibility even for their own livelihoods—much less for the social consequences of their vision—has had a special appeal for successive generations of the same kinds of people. The offspring of privilege have dominated the leadership of Marxist movements from the days of Marx and Engels through Lenin, Mao, Castro, Ho Chi Minh, and their lesser counterparts around the world and down through history. The sheer reiteration of the "working class" theme in Marxism has drowned out this plain fact.
Marxism: Philosophy and Economics (1985)

>>306
>Ok but why does it matter. 
Because:
1 - These guys are my enemies, and I'm trying to develop a psychological profile to know them better so I can deal with them better.
2 - I don't want my kids to end up like this.

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>>311
>1 - These guys are my enemies,
The main enemy is the money printers and those that physically protect them. Everyone else is a pawn.

>2 - I don't want my kids to end up like this.
I would make it clear from the start that your shit is not automatically their shit. Teach them that they have to work for what they want. My dad was also very clear that I am out of the house when I turn 18 whether I'm ready for it or not.

You have to teach them how money and markets work as well though. The big trap for entitled middle class brats is that they will get high grades in school and then go to college and get a masters degree and then they graduate and don't magically get a high paying job. "But I did everything right why am I working at starbucks capitalism has failed". You have to teach them that they need to give value to get value. Show them how an electrician and a plumber with no higher education makes more than a phd astrophysicist simply because the work they do is more valuable to society and the market (when it is not too fucked up by government interventions) will reward that.