Here's your fallacy. This is simply and factually not true.
(I'll leave it to you to not put in the effort to research this as I couldn't even put in the effort to watch the video.)
Like I said: "people believe what they want to believe". You want to believe that welfarism works.
Please don't ignore the facts in order to bolster your opinion. Do some research before commenting. The truth doesn't hurt as much as you believe, but it does take some time to understand.
This is what the evidence overwhelmingly shows, as predicted by basic economy theory relating to the efficacy of the market over central economic planning at distributing capital.
But your delusions will not be dispelled anytime soon.
You would condemn hundreds of millions to a premature death out of your ignorance and smug self-righteousness. The tragedy is that you very likely have almost exactly the same pattern of thought that I had many years ago, when I too believed that the free market did not work. I believed that the ideology behind it was a con against the gullible American right by billionaire and corporate interests.
There is nothing a free market advocate could have said to me to cause me to even consider I was wrong.
>First, we know how welfare works and know how people suffered before welfare was put in place. Second, it there's profit to be made, someone will step in to make it.
I can't even begin to respond to something as unscientific and childish as this.
This is your argument? Really?
Just to summarize, you think the presence of suffering pre-welfare is proof that welfare works, and that the expected after-tax ROI on investing has no bearing on the proclivity to invest. Pure idiocy. Shame on you for being so reckless in your politics.
Please don't be stuck in your desires just to avoid having to shift mental models. I'm not saying it won't be hard. But I am saying it will be worth it.
And please please don't condemn generations to poverty and early death just because you want to believe that which reinforces your fantasy world view.