Stephan Kinsella joins me to continue our discussion about the book "A Theory of Socialism and Capitalism: Economics, Politics, and Ethics" by Hans-Hermann Hoppe. We discuss the impact of incentive schemes on productivity, the fake communism of the USSR, modern-day slavery, and why Bitcoin is the ultimate solution to centralization. Stephan Kinsella is an American intellectual property lawyer, author, and deontological anarcho-capitalist.// GUEST // Twitter: https://twitter.com/NSKinsella/ Website: https://www.stephankinsella.com/ Book: https://www.amazon.com/Theory-Socialism-Capitalism-Economics-Politics/dp/0898382793// SPONSORS // In Wolf's Clothing: https://wolfnyc.com/iCoin Hardware Wallet (use discount code BITCOIN23): https://www.icointechnology.com/CrowdHealth: https://www.joincrowdhealth.com/breedloveWasabi Wallet: https://wasabiwallet.io/Join Me At Bitcoin 2023 in Miami (use discount code BREEDLOVE): https://b.tc/conference/Casa (use discount code BREEDLOVE): https://keys.casa/Bitcoin Apparel (use discount code BREEDLOVE): https://thebitcoinclothingcompany.com/ Feel Free Tonics (use discount code BREEDLOVE): https://botanictonics.comCarnivore Bar (use discount code BREEDLOVE): https://carnivorebar.com/// OUTLINE // 00:00:00 - Coming up 00:01:25 - Intro 00:02:59 - Helping Lightning Startups with In Wolf's Clothing 00:03:45 - A Theory of Socialism and Capitalism by Hans-Hermann Hoppe 00:03:59 - Historical Examples of Capitalist vs. Socialist Incentives 00:08:05 - The Fake Communism of the USSR 00:09:56 - The Impact of Incentive Schemes on Productivity 00:15:33 - Property Rights are the Key Incentives of a Productive Economy 00:19:42 - How Political Risk Influences Investments and Productivity 00:22:57 - Pros and Cons of International Treaties 00:26:02 - Bitcoin as a Neutral International Settlement Layer 00:28:13 - The Importance of Treaty Obligations and International Law 00:30:32 - Secure Your Bitcoin Stash with The iCoin Hardware Wallet 00:31:27 - Take Control of Your Healthcare with CrowdHealth 00:32:29 - A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet 00:33:22 - Public vs. Private Means of Production 00:36:04 - Private Slavery vs. Public Slavery 00:38:48 - Modern-Day Slavery 00:44:03 - How to Remove the Shackles of Slavery 00:48:47 - The Natural Law vs. The Fake Law 00:51:46 - Every Law Should Have an Expiration Date 00:53:48 - A Chance to Win Discounted Tickets to the Bitcoin 2023 Conference and 10M SATS 00:54:43 - Hold Bitcoin in the Most Secure Custody Model with Casa 00:55:31 - Can We Return to the Common Law? 00:57:51 - The Case Against Democracy 00:58:54 - How did the U.S. Shift from a Constitutional Republic to a Democracy 01:06:56 - A Movement towards Centralization and Back to Decentralization 01:12:00 - The Case of The Abortion Law in the U.S. 01:13:40 - The Role of the Federal Reserve in Centralization 01:20:22 - Where to Find Stephan's Work // PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast...Spotify: https://open.spotify.com/show/25LPvm8...RSS Feed: https://feeds.simplecast.com/MLdpYXYI// SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101// WRITTEN WORK // Medium: https://breedlove22.medium.com/ Substack: https://breedlove22.substack.com/ // SOCIAL // Breedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22All My Current Work: https://vida.page/breedlove22