socialism

What Happened to Jamaica? Democratic Socialism in Jamaica and A Tale of Two Islands

October 17th, 2019|

What Happened to Jamaica? Democratic Socialism and A Tale of Two Islands Did you know that in 1971, the United States to Jamaica currency exchange rate was $1 USD to $0.77 JMD, nine years after Jamaica's independence from Britain? In 1992 it was $1 USD to $22 JMD. In 2019 it's $1 USD to $136 JMD. (S [...]

JTOL0042 Reasoning With A Radical Leftist

January 28th, 2018|

Meet my friend, a radical leftist. Please see the timestamps. The first part of this discussion is about the differences in mindset between people who support different economic systems. The second is about socialism and communism and my friend’s thesis about why they haven’t been successful. PART 1 [...]

JTOL0037 The Effects Socialism in Jamaica

January 28th, 2018|

00:00 Intro. 01:55 Fiscal conservatism vs social justice 03:14 Economic programs to solve social issues are EXPENSIVE 05:40 Another approach to looking at the situation, blaming neocolonialism. 10:42 Our inability to learn from history, and shunning of responsibility. 12:03 Thoughts about democracy [...]

JTOL0019 A Fascinating Read of Thomas Sowell Intellectuals and Society

January 28th, 2018|

Thinking of purchasing the book? http://amzn.to/2fVed2Z 00:00 Intro (bla bla bla) 00:44 Lefties are Idiots. And Righties are Mean 02:15 A strategic alliance 02:46 What do those who study the social sciences and humanities have in common? 03:08 Specialised knowledge vs. distributed knowledge 04:46 Ph [...]