https://twitter.com/ProjectLiberal/status/1729138596592935207
the video is basically describing supply chains and how complex it is. see: commodity fetishism labor makes everything. markets are not necessary.
When my parents grew up in the USSR they had to make their own pencils from the random piles of lead in the snow on the way to school.
Supply chains so complex! Capitalism is truly amazing! Socialism has no supply chains!
I was first exposed to the pencil thing, then I heard Marx’s critique of commodity fetishism and realized how much of economics is just blow-hards.
Adam Smith already wrote about the division of labour in the production of iron pins, it’s retreading the same ground but going “isn’t it great that we’re outsourcing to so many different places that it makes it harder to organize labour”
The pencil thing is retreading something from hundreds of years earlier and ignoring critique since then.
It is so frustrating to argue with libs who make arguments so old that literally Marx himself responded to them. I get the impression that Marxists already won the debate back in the 19th century and the liberal tactic has just been to pretend the debate has never happened, to continue repeating centuries-old arguments over and over again as if they’ve never been responded to, and to discourage anyone from looking into Marxism or reading Marx, Lenin, Mao, etc.
by aimixin
Milton Fraudman