Walter Block Destroys A Communist – Minimum Wage Laws

Before watching this video, you need to prepare yourself for the brutal carnage that is about to be unleashed.  I always find it difficult to watch someone get totally destroyed in front of an audience.  I could only imagine the humiliation this guy must feel at the hands of Block.

Dr. Block unleashes the full fury of Blockdom upon a communist insurgent who claims to be a capitalist.  The communist argues that we need minimum wage laws and labor unions in order to have “social justice” – which is a code word for robbing the rich to supposedly uplift the poor working class.

The communist actually acknowledges that minimum wage laws create unemployment because they prevent unskilled labor (which has a low marginal revenue) from getting a job.  But he then says we need welfare programs to make up for this induced unemployment.  - Block points out that having a low paying job and getting welfare would be better than having no job and getting welfare – utterly destroying his communist logic.

Block catches the communist making an unending amount of flip-flopping contradictory statements and finally crushes him with a ten ton hammer of logic.

This following video is brutal, cold, and violent.

Also, I need to warn you that the communist sounds like a smug arrogant SOB with a holier-than-thou attitude.  Listening to him speak for anything longer than 10 seconds may cause you to become angry and throw things.  Please do not break your monitor should you become enraged.  He’s not worth it.

  • David

    Just finished the video. Didn’t bother to watch the last 5 minutes. Why bother? LOL.

    This is the problem with socialized economics. They always lead to here. Trying to control society through the economy is the WHOLE problem. Bringing the welfare into the argument was a total ad hom, because bringing in another socialist enterprise to backstop the first economic control is just like treating a symptom of a disease. You are not attacking the underlying problem, the minimum wage. Now, I use to get in all kind of arguments with my Keynesian profs and I so wish I could go rub their nose in the economy. Thanks for the vid.

  • David

    Just finished the video. Didn’t bother to watch the last 5 minutes. Why bother? LOL.

    This is the problem with socialized economics. They always lead to here. Trying to control society through the economy is the WHOLE problem. Bringing the welfare into the argument was a total ad hom, because bringing in another socialist enterprise to backstop the first economic control is just like treating a symptom of a disease. You are not attacking the underlying problem, the minimum wage. Now, I use to get in all kind of arguments with my Keynesian profs and I so wish I could go rub their nose in the economy. Thanks for the vid.

  • David

    Just finished the video. Didn’t bother to watch the last 5 minutes. Why bother? LOL.

    This is the problem with socialized economics. They always lead to here. Trying to control society through the economy is the WHOLE problem. Bringing the welfare into the argument was a total ad hom, because bringing in another socialist enterprise to backstop the first economic control is just like treating a symptom of a disease. You are not attacking the underlying problem, the minimum wage. Now, I use to get in all kind of arguments with my Keynesian profs and I so wish I could go rub their nose in the economy. Thanks for the vid.

  • David

    Just finished the video. Didn’t bother to watch the last 5 minutes. Why bother? LOL.

    This is the problem with socialized economics. They always lead to here. Trying to control society through the economy is the WHOLE problem. Bringing the welfare into the argument was a total ad hom, because bringing in another socialist enterprise to backstop the first economic control is just like treating a symptom of a disease. You are not attacking the underlying problem, the minimum wage. Now, I use to get in all kind of arguments with my Keynesian profs and I so wish I could go rub their nose in the economy. Thanks for the vid.

  • David

    Just finished the video. Didn’t bother to watch the last 5 minutes. Why bother? LOL.

    This is the problem with socialized economics. They always lead to here. Trying to control society through the economy is the WHOLE problem. Bringing the welfare into the argument was a total ad hom, because bringing in another socialist enterprise to backstop the first economic control is just like treating a symptom of a disease. You are not attacking the underlying problem, the minimum wage. Now, I use to get in all kind of arguments with my Keynesian profs and I so wish I could go rub their nose in the economy. Thanks for the vid.

  • David

    Just finished the video. Didn’t bother to watch the last 5 minutes. Why bother? LOL.

    This is the problem with socialized economics. They always lead to here. Trying to control society through the economy is the WHOLE problem. Bringing the welfare into the argument was a total ad hom, because bringing in another socialist enterprise to backstop the first economic control is just like treating a symptom of a disease. You are not attacking the underlying problem, the minimum wage. Now, I use to get in all kind of arguments with my Keynesian profs and I so wish I could go rub their nose in the economy. Thanks for the vid.

  • David

    Just finished the video. Didn’t bother to watch the last 5 minutes. Why bother? LOL.

    This is the problem with socialized economics. They always lead to here. Trying to control society through the economy is the WHOLE problem. Bringing the welfare into the argument was a total ad hom, because bringing in another socialist enterprise to backstop the first economic control is just like treating a symptom of a disease. You are not attacking the underlying problem, the minimum wage. Now, I use to get in all kind of arguments with my Keynesian profs and I so wish I could go rub their nose in the economy. Thanks for the vid.

  • Michael Suede

    Arguing with Keynesians is like arguing with children.

  • Michael Suede

    Arguing with Keynesians is like arguing with children.

  • Michael Suede

    Arguing with Keynesians is like arguing with children.

  • Michael Suede

    Arguing with Keynesians is like arguing with children.

  • Michael Suede

    Arguing with Keynesians is like arguing with children.

  • Michael Suede

    Arguing with Keynesians is like arguing with children.

  • Michael Suede

    Arguing with Keynesians is like arguing with children.

  • Pingback: Minimum wage debate - Page 30