Keith Knight

speaker

370 appearances 1 recordings 1 series first heard Jul 2026 last heard 24 Jul

Keith Knight’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

newest first · ▶ plays the moment

Part Of The Problem · Against Socialism with Keith Knight · 24 Jul 2026 podcast

The best measure to use are time prices.

This would be the average amount of time a person has to work in order to access a product or service.

In short, the time prices of accessing products and services has drastically decreased in the last 100 years.

Now, that is a microscopic amount of time that the human race has been in existence.

And in the last hundred years, since 1926, there's no democratic socialist explanation outside of price controls, which obviously disincentivize production and lead to shortages, clearly.

So what we should see if the poor get poor, there is no increase in accessibility to the average person of anything that's privatized –

Tylenol, Dayquil, computers, LASIK eye surgery, water bottles, printers, paintings, books, televisions, all of these things should have been at 1% because only the 1%, only the bourgeoisie can afford such things.

In 1926, 1% of people had them.

In 1966, 1% of people had them.

And today, only the top 1% can afford these things because they are privatized.

So that's one way to measure wealth.

Another way, if you want to use dollars, is to look at the average earnings of a 16-year-old and then compare it to the average earnings of a 46-year-old.

By looking at these groups, we see that one group, even though the same minimum wage applies to them, one group earns a lot more than the other group.

That disparity alone disproves the idea that it's about greed or if you happen to have a nephew, it's all about nepotism or it's – well, because of white supremacy, other groups get paid different, of course.

Nigerian Americans, Japanese Americans, Chinese Americans all have higher incomes than white Americans.

So the fact that there is a disparity, the fact that when someone starts a job, they're getting paid a very small amount of money.

Each year they get on the job experience, the average person's wage tends to increase.

If the poor got poor, what we would see is the average person's income over time starts at a

spot and then decreases you start at you know ten dollars an hour and then after five years you go to 950 and then after five more years you go to nine dollars we see literally the exact opposite now say that there was the stagnating wages that paul krugman loves to lie about

If prices are drastically decreasing in the economy because there isn't a central bank and there's mass production and the producers are trying to appeal to mass consumption, that actually wouldn't be an issue because your purchasing power would be increasing.

Showing 121–140 of 370 · page 7 of 19