Alright y'all, let's get everyone, Nick Smith is back, welcome to a new rebuild. Today we're gonna be rebuilding my favorite team, the Miami Heat. And we're going back to my old style or my style, we're not doing agent style, that was just a one-time thing. You know, where we face up against each other and make a, it was just, he invited me to do that. So yeah, from now on my rebuilds are just gonna be my normal rebuild and we've got Chris Bosch in this. So a little bit different to real life and you know, Chris Bosch really wants to come back to the Miami Heat to help us possibly win a championship or at least get close. So he's saying that you know, he really wants to help us, he just wants to come back. And the Miami Heat, we're saying, you know, don't come back, don't come back. I've got to think about the future because if we don't win the, like, I'm gonna definitely try to win a championship this season. But if we don't win a championship this season, we have to trade Gaunt Drudgic on draft night in order to re-sign Hasan White's side. Because we literally have no cash space. Because we got, we got Bosch on a four-year, 98 million dollar contract and Duane Wade on a one-year, 20 million dollar contract, which we also want to re-sign Duane Wade. I don't want to lose Duane Wade. So I will take a backup center like Joffrey Laverne, but I don't know if I really want Joffrey Laverne. Corey Joseph, Monty Eunice and Terrence Jones, which is actually not that bad. That's not even that bad. I might take that. I'll take that trade. I will take that trade. Monty Eunice is, they're both power forwards, but they're cheaper than McRovards. And they're not all that bad. They're decent players. And I mean, we can see what they're worth on the block, even though we just got them. We can see and take a look and see what they're worth, but like Jeremy Lam and Jeremy, I might take that trade actually. I'll take this trade instead.  He was one of the reasons why Charlotte was doing well up against us, you know, in the first round. Charlotte v. Miami, but he's a good backup just in case, just in case, you know, we trade Drogic on Draft Day in order to re-sign Hassan White side. But Drogic, Wade, Deng, Bosch, and on the bench, Lin, Joe Johnson, Winslow, Richardson, Jones. We might have to get a center. No, do we? We got Amari. Nah, I think we're good. Because we got Terence Jones now to play power forwards. Let's just simulate up until the All-Star break. See how well we do. We aren't at the greatest team chemistry right now, but hopefully we can win some games. And yeah, I'll see you guys at the All-Star break. You know what I want to do actually? I want to get a Washington Wizards first round pick. See what I can get, because these guys always do terrible. Oh, man. Do I do this and I can get a center? Do you have a center? You've got JJ Higson, but... I'll do this trade. I'll do this trade.  You just offered me that. Okay, I'll do this trade. So we lose Amari, but if we can trade Garrett Temple for a center, that would be huge. Get it? Because there's a center? No? Okay. Or we can just do this trade, which is not that bad at all. Which I'm going to do, because why not? And then we can trade Jordan Clarkson probably for an even better center than Amari Sunamaya. And if not, I'll just keep Jordan Clarkson. Or I can sign someone in free agency, actually. Let's get rid of... Let's release you to free agency. Free agents, Larry Sanders, perfect center. And he accepted the offer, so that's awesome. We have a lot of point guards, but it's okay because we might trade Goran Drachik. So I'm happy with that. Let's not simulate all the way there. Let's just simulate to the All-Star break. So at the All-Star break, we're third in our conference, which isn't that bad. It's pretty good. We could be doing a lot better, but we're only a few games behind. We're only like four games behind, so that's pretty good. If we were in the West, though, we'd pretty much be doing as good as San Antonio. So I'll take that, to be honest. I think this can be a championship team. I think it can be a championship team. It just depends on injuries and... Yeah, just injuries on other teams, I guess. But there's no real trades that I want to make. Maybe Brand and Bass. Maybe we can look to get something else if anything's available. But Julia's Randall, though. But look how... That pick is really good. So I don't know if I want to give up that pick, though. Because that pick, that looks good. Yeah, the pick's doing well. The team's doing well. Let's simulate it to the end of the season and see how many wins we can rack up. Alright, so we're third. We finished third, I think. Tied for third. Or actually, no. Tied for second, I think it was, in the East. But MVP goes to Kevin Durant. DeAndre Russell wins rookie of the year. Joking wins sixth, man. Davis wins defensive play of the year. C.J. McKellen wins most improved. And coach of the year to Billy Donovan. But we didn't get anyone, I think, for anything. So that's not great, but it's okay. Because we got the third seed in the East. And I'm pretty sure, if I'm not mistaken, we tied. We tied, yeah, we tied with the Raptors. That's not that bad. That's pretty good. And yeah, which is eight games behind the first seed. But you never know what could happen. And this is pretty similar to real life. Miami's facing up against Charlotte. The only difference is, Chicago made it. And then the fourth seed, the Bucks made it. But like, I don't know, it's actually not that similar at all. It's just Miami versus Charlotte. Yeah, but let's simulate game one. We win game one. We win game two. Win game three. And we sweep the... Oh, hornets already. So that's a great start to these playoffs. Now we're up against Toronto, which is exactly like real life. And Toronto, you know, they've got a... Toronto's got a pretty good team. Toronto's got a pretty good team, man. They've got Larry, who's a 90 overall. Derosen, Valentunus. They picked up Wilson-Chan like Corey Joseph. This team is not that bad. It's not that bad at all. So yeah, this will be an exciting series. Let's simulate game one. We lose game one. Let's simulate with Simcast. Simulate with Simcast. Can we take game number three? We win it by six, which is awesome. Game got injured though.  That's annoying. That's pretty annoying. We got some decent small forward depth because we got Winslow, but he's a rookie. So can't really count on him, but... Yeah, tied up the series. Let's simulate with Simcast once again. Um... I'll just do that. All right. Simulate with Simcast right here. Let's take a win. I mean, we've got to win away. So yeah, they also got to win away. And yeah, we lost at home, which is annoying. Let's do a 3-0 series over here. Experts say it's OKC tied 1-1. The Clippers are betting the Golden State Warriors, but the Golden State Warriors are probably going to come back. And let's just not go down 3-1. Because that would be really... Well, we had a shocking first quarter. And I might hope in the... No, I won't hope in the game because we're going to lose this. We lost it. But we're down 3-1. And the Clippers are... That'd be crazy. But let's simulate with Simcast. Game 5, simulate with Simcast. And... We just made it. Wow, that was crazy. Boss job 25, Joe Johnson's job 23. All right. Can we come back right here? Simulate, game 6. How do you have concussion? And you're out for the entire season. That makes no sense. That plays a tie, man. That is not good. That is not good. That is really not very good. All right. Simulate with Simcast. Up against the Raptors. Dang is fully healed, so that's good. And actually, you know what? We're going to put Dang in the lineup. Oh, we already had Dang in the lineup. That's all good. Simulate with Simcast. Game 6, let's do this. Do not be eliminated right now. I might even have to hop in this game, but I think we're going to come out with a win. And we do. Boss is killing it, man. And we force this to a game number 7. Simulate with Simcast. Game 7. Here we are. Let's get this win. Yeah. We started off pretty well. Very, very, very well. And somehow, we advance to the next round. And we are facing up against the Mimey Heat. I mean, yeah, the Mimey Heat. We're facing up against the Cleveland Cavaliers. The Golden State Warriors lost to the Clippers and they're facing up against the Oklahoma City Thunder. Simulate Game 1. Do the Cache have any injuries? Please tell me they do. They don't. But they did trade. They traded Kevin Love. Wow. They traded Kevin Love for 30 years young. So pretty much it's... Okay. Simulate Game 2. We lose Game 2. We win Game 3. Lose Game 4. No. Leave rotation. Okay. Okay. Here it is. Game 6. Don't lose. Right now. Let's do this. That will be very, very annoying. And it's really... I might have to hop in this game. I might have to hop in this game. I really want to hop in this game. And I will. 1 point game. 38 seconds left. Let's get this win. All right. We have the ball. Which is good. So let's just inbound it. And let's get a pick and rock with... Okay. That's not what I want it to do. The post. And they're leaving the South-White side wide open. Come on. Don't... He's going to miss. Man. I knew he was going to miss as well.  Where? Pick up a man. What is going on? We should probably fail, right? There's like a 2 second difference. Oh wow. He just put the sham down on me. Why did you fail like that? We're going to lose this game. Kari hits the first one. And we are probably going to lose this game. Okay. We don't even have a time-out. We don't even have a time-out. We don't even have a time-out. We don't even have a time-out. But we have a 3-4 on Josh.  Perfect freaking look.  You were not even... That's a decent look. That's a decent look.  And you got to miss that shot right there. Man. That's annoying right there. That's annoying. We lost. Let's quit this game. Do you know I'm annoying that as well? He had such a good look. And of course he had to miss that. Caps are advancing which is annoying but... What can...  I swear to God the caps just advanced but... I'll just simulate. We actually win... Okay simulate. Wades out for the season which is just great. That's exactly what we needed yeah? And we got eliminated anyway so... Kazmos OKC NBA Finals Probably going to be OKC and they win it all. No he's not getting traded because he missed the open shot. He's just getting traded because Because we want to re-sign on some white side. But draft a lot of... We have a good pick as well. We have a really good pick. And it's project... What? It's not even that good man. It's the 7th? That pick was rated so high that wizards must have started to do well. Do we go there? We do so we get the 7th overall pick. Alright so the first thing we got to do is just see what Goron Jarjig is worth. Derek Rose Uh... Nope. No. No. 7th pick and Goron Jarjig. Nothing crazy. Nothing that I was expecting. Indiana There it is. The 5th pick for Goron Jarjig And CJ Miles Do I want to see CJ Miles? Do I really want to see CJ Miles? I guess I'll take him. I guess I'll... I mean... Yeah why not. We'll just take him. So now we got CJ Miles and the 5th pick. Let's try and trade up with that. I don't want to get up Windsor. That's so dumb. I'll just keep the 5th pick. We'll be able to get somebody good with that pick. I'm sure we can get somebody good with that pick. Let's see where Ben Simmons is probably going to go right here to the Devon Nuggets. We'll see if he does. Probably him or Brandon Ingram and it's Ben Simmons right there. So Ben Simmons goes number one overall. Brandon Ingram is definitely heading to the 76ers. There he is. And who's going to go here? Probably Scowl or Buddy Hill or something like that. Buddy Hill goes there. I'm on fire with this. I got the knowledge. I don't know who's going to go here. Dragonbender. He goes there. And now we're up on the block. So I guess we're going to be looking at a point guard because we just traded. I might come back to that trade actually. That's not that bad. That is not that bad at all. Chris down on Buddy Hill. I want Buddy Hill. Buddy Hill can play point guard for me. Buddy Hill can play point guard for me. Brandon Ingram? Nah. Nah. Ben Simmons? Nah. You're coming on this team. Yeah. We will take Ben Simmons. Okay. I will take that. And you got to go man. To Costa Cufos. You got to go for Two second repics. Seems good. Seems fair. I like it. And we will sim to the end of the draft. So that was a pretty successful draft. Thank God I traded for that Washington Wizards pick earlier because that helped us get Ben Simmons. We traded Druggage. Pretty much the trade was Ben Simmons for Goron Druggage and the seventh overall pick. We get the first overall pick so I will take that. I will take Ben Simmons. Brandon Ingram is rated higher than Ben Simmons so maybe I should have gone after Brandon Ingram probably should have gone after Brandon Ingram but that doesn't really matter. Ben Simmons is from Australia so I will take Ben Simmons. Joe Green you want to re... Wait. We want to re-sign you 1 million, 21 million. Yeah. All good. All good. All G. Free agency. Wade and Lynn re-sign with us. That's dope. And now... Imagine if we got LeBron James back. I'm just saying. That would be pretty cool. That would be pretty cool. Can I do that? Would it work? LeBron you want to come back? We can do it. We can actually do it. No trade clause. I don't want to offer him heaps but I do want to get him back on the mind of heaps. That's what I'm saying. White side. We will definitely offer you a contract though. Just in case Dwight Howard will offer you a contract just in case. Boba Marzanovic. We will definitely offer you... But I will go after Jordan Clarkson because this dude wants nothing. Give me Clarkson if he wants to re-sign with us. If he just wants to re-sign with us. JR Smith.  And we will also try to get Sean Livingston because you know you are a pretty good player for the Warriors. So that's... We offered all these guys contracts. Let's see who's... White side. LeBron accepted another offer so we can't get LeBron. But just imagine that team. That would be crazy. But yeah, we will re-sign Hassan White side. He goes to the Lakers and he goes to the Dallas Mavericks and you go to Memphis. Okay. Okay. We literally don't have much Casper's doing at all. So we... Um... And now it's just up to who do I want. Who do I want? I'm going to take Jordan Clarkson. Oh! Alright. That's fine. Sweet. Play progression it is. Going into play progression I'm happy with who we re-sign and who we sign. We got White. We got White side. We got Bosch. We got Wade. Winslow, Clarkson, Simmons, Lim, Richardson. Davis joins you, Giannis. And yeah. Let's see how we do going into the All-Star break and see how many wins we can get. Yeah. So at the All-Star break the Miami Heat are leading the East. And yeah, we have the best record which is good. But if you go to the West we would be like fifth. So it's actually not that good. But in our conference I guess it is. And luckily I didn't go after that Wizards Peak because they're actually doing pretty good. But yeah. No need to really make any trades. And if we're just looking around the league at some teams, Ronda goes to the Knicks LeBron obviously went to the Lakers Dwight goes back to the Magic which is actually something that could happen in real life. Let me know if you guys want me to make a what if Dwight Howard video on the Magic. What if you didn't go to Los Angeles and stay with the Magic? That'd be kind of cool. I don't know man. If you guys want to see that let me know. You know this dude led his team to the NBA fight. He wasn't he almost won the MVP a couple not a couple but when he was decent. When he was good I should say. When he was good he almost won the MVP. I like Dwight Howard. I think he cups a lot of criticism but he he's not as good as he is now. But sorry as he was. But he's that bad. Like he's I think he just needs to go into a good system and once he fits into a better system then I think he'll do a lot better. But the system that he's in right now with Houston. I don't think it's that great anyway. But first so we're going to simulate to the end of the season. Alright so heading into the last game of the season simulate it and we lost but I still think we were the best team in these. Anyway Westwood wins the MVP Ben Simmons good pick up. Good pick up. Wins NBA 2017 key of the year. Shout out to Ben Simmons from Australia on the Miami Heat. I would love that. I would love that to happen in real life. I don't think it's ever going to happen. Six man goes to the Joachim Noah. Davis goes and was defense player of the year. And Archie Goodwin wins most improved. LeBron I imagine if he returns what if but yeah what if doesn't make any sense. White side makes the all NBA second team and Ben Simmons obviously makes the all NBA all rookie first team. And yeah that's that. We are the first seed so let's simulate the whole entire round because if we lose then that's embarrassing. And we beat the Hawks let's simulate game one up against the Celtics. Game two game three game four oh no you better please no way don't tell me we're about to lose in the second round to the Boston Celtics we're actually doing like we're not doing really well actually if this game is close I might hop in this game if it's close I'm hopping in this game we're up six five all right we're going to win this game we just beat the Celtics that shouldn't have gone Ben Simmons played really well that should not have gone to a game seven it did now we're going to beat the Bucks okay I don't care I'm not hoping in any game we're beating the freaking Bucks simulate game simulate game there we are NBA Finals up against the Oklahoma City freaking Thunder they always get the Andre Jordan how do you always get the how how do they always get the Andre Jordan man game number four simulate with Simcast and we're about to get swept in the NBA finals wow that's annoying man that is so annoying we get swept in the NBA finals yeah I'll sign Andrew Bogat I'll sign Andrew Bogat welcome to the Miami Heat from now we've got two guys from the show we've got Ben Simmons and Andrew Bogat White Side Bosch Wade went down but Ben Simmons and also both went up so that's good he doesn't do anything he just stays at the same overall so maybe we get rid of him and two first round picks this is a decent trade only for the fact that we get Ubre the same but nah there's not really that many great trades maybe this one though maybe this but I don't know George Richardson is pretty good he's actually alright but Clarkson though like there's nothing Darren Williams but he's a little older he's less overall as well George Hill Jeremy Wynn Jeremy Wynn man do I take this I would Al Jefferson well um in real life I wouldn't take this trade but in 2K these two are both higher overalls well he's the same but 3 so I'm going to make that trade right there we might as well just try to improve this team a little bit getting Derek Rose now that is a starting point guard that is a good that is a good starting point guard now this team has got Rose, Wade, Simmons, Bosch White side we cannot shoot at all both of us can't really shoot Wade can't shoot only Bosch he can White side can't shoot Winston can't shoot Bobby Porter can't shoot Richardson can, Jones kind of not really so let's see let's see how many wins we can get so I just got offered this trade right here Bradley Bill and Kelly Ubre for Ben Simmons and Andrew Bogut I love Ben Simmons he's from Australia I love Bogut he's from Australia but I think in order to win a championship I'm going to have to take that trade now let's take a look at this and see if this helps us out Kelly Ubre at the one I don't even have a point guard on the hold up I don't even have a point guard on the this dude nah nah nah nah nah nah I've got to get a point guard for the bench what do I do what do I do I'll take this trade right here I'll take that trade but he's only a 71 overall so I will take this dude right get him on the team and now we've got point guard in Rose and Trimble which is actually pretty good because Trimble is only 23 years old Bill and Wade and this dude and Josh Richardson small four okay we might have to get rid of we might have to get a small forward actually Andre Iguodala and Czech Diallo welcome to the team that's exactly what I wanted I'll take that so we're the four seed facing up against Chicago simulate game one we lose to we lose she okay whatever we lose to who does Chicago even have Butler and Powell wow this team actually isn't that bad this team isn't that bad at all Butler's an 89 but they still got power we traded them these two they got Joe Kim they brought back Deng they still got Miratich and they brought Michael Carter to the team now we might even get beat in the first round alright simulate game two we lose okay simulate with Simcast please don't lose in this game alright okay okay no way are you serious we're down 3 0 man let's just simulate with Simcast right now simulate with Simcast don't lose this if we lose this game we have to go on a massive comeback alright okay very nice start we were down 3 0 can we come back in this series let's see what happens simulate game right here please do not lose this game I will hop into it if you need but I think we've got that game as well Winslow played really well 2 3 simulate once again game 6 don't lose this game okay okay okay there we go there we go forcing to I knew this team could come back man I knew this team could come back down 3 0 now it's 3 3 game 7 simulate game 7 right here on our home court as well let's do this let's do this come on don't tell me we're going to come back in a crazy effort okay we do we win it Rose has played really well up against his former team as well which is awesome and we advance facing up against the 8C Detroit Pistons the Pistons have a 91 overall drumming Reggie Jackson Rudy Gay they've got some depth but I think we can beat them I think we'll see what happens simulate game we lose game 1 we win game 2 okay let's simulate with simcast we always do better when we simulate with simcast so yeah let's just type the series alright alright okay we're killing them in this game we're killing them in this game Dee Rose is balling in drama drop 20 rebounds but Dee Rose has been balling in these playoffs again with simcast I should say and yeah let's do it I will hop into a game if we need and I think this okay we we have the lead we don't have the lead we don't have the lead we have a tied game we don't have the lead I'll hop in this game also let me know down in the comment section below do you want me to make these rebuilds shorter because I feel like sometimes they're a little too long they're like 30 minute 20 minute videos let me know down in the comment section do you want me to make these videos shorter for you guys 10 to 15 minutes give me a time rage and I can try to make it happen but as of now they're going to be quite long so let me know if you guys like it this long or you guys want me to dramatically no drastically there we go there we go drastically drastically make these videos shorter let me know down in the comment section below but as of now we're down to so I would like to get a steal and okay oh no okay if drumming gets the ball I might foul come on but oh my god you just got dunked on there is no way we're winning this game right now unless Bill decides to go clutch mode oh my god he reached he reached he was reaching and I was teaching oh my god please miss a free free throw right here man I'll spin it everywhere spin lamp oh my god he did he missed a free throw 5 seconds left as my phone goes off I hope he makes this one I don't know because we don't really have that okay he does make it we don't really have much time oh my god okay who's there Bill, Bill he's wide open as well YES YES that was so sucked by Bradley Bill oh my goodness we're going into overtime because I hope this doesn't go into double overtime man that'll be annoying oh my god it might not it might not it might not oh my god stop playing that winso is kind of open though he's kind of that's too easy oh my god how how do you miss that shot how do you freaking miss that shot right there how do you miss that shot um what we lost by a point are you freaking kidding me right now but the eight seed are about to make it no I'm not letting that happen let's simulate the simcast and get this win alright game six right here let's get this win deep breath please do not lose this game right here simulate with simcast I just want to make it once again to the NBA finals alright what a game great game bill drop 19 drama drop 21 it's game seven right here simulate with simcast to advance to the eastern conference finals let's do this to advance please don't lose this game please don't lose this game if it's close I'll hop in alright we're not even five points man one point we have to lead oh my god we actually won bill drop 25 drama drop 22 but I will take that and we're advancing to face off against the 76ers the freaking 76 nah nah they got depth alright simulate game one we lose game okay I'm going back to my simulation with simcast we always do a lot better when I simulate with simcast so yeah we're just going to stick to that D rose drop 23 I'll take that simulate once again with simcast we took a game away which is good so we bet okay let's simulate wow see when I just simulate 2k hates me when I simulate with simcast 2k still hates me still hates me god damn if we lose this game we're eliminated so I'm not losing this game okay if it's close I'll hop into the game but we're on our home court right now we are on our home court yeah boy finally we win it and now we're in game okay ok see advance and they're in the NBA finals so for back to back years if we win now we're going to face up against ok see but um we've got to make sure we beat the 70 76ers first really the 76ers man whatever let's let's let's win this game 76ers you're not going to beat us let's be honest oh my god you actually might okay no you're not we win D Wade 15 that's our high score of 15 points whatever we're facing up against the oklahoma city thunder I hate facing these guys I hate facing the oklahoma city thunder we're going to lose they've almost swept the entire playoffs they swept the Portland Jar Blazers they swept the Utah Jazz they lost one game and now we're going to we're going to lose let's be honest alright let's simulate game one we win game one we lose game two lose game three let's simulate with simcast please don't lose this game right here we're at home as well home court advantage we win it tie the series up Wade dropped 26 and 11 I'll take that simulate do I do it okay I will man I why do I do that I should never do that I always lose when I simulate we're back here again simulate with simcast what is this game number game number six yeah six alright let's do this let's get this win alright if it's close I'm hopping in this game it's pretty close right now we have the lead we don't have the lead okay hopping in hopping in gotta hit a three please have the ball please have the ball alright so we have the ball so uh I'm gonna go okay alright it's all good it's all good D Rose there we go okay now he's gonna play D just gotta play D just gotta play D just gotta play D just gotta play D down that's all we gotta do well he's just holding on to him okay you and Bosch you and Bosch Beal is a beast oh my fucking fowl yes we fouled D'Andre we fouled D'Andre we fouled D'Andre there we go that's the perfect please don't hit this though if he hits I'ma be like it's D'Andre there we go there we go there we go feed Josh Richardson you gotta be clutch you gotta be clutch you gotta be clutch yes there we go J Rich there we okay no foul he won't hit he better not hit this oh my god that was so close that was so close I'm playing this overtime I'll see you at two minutes into this overtime alright two minutes left into this overtime I'll see you there screen white side screen white side roll right side dunk right side and one I'll take the layup I forgot this is like a 38 year old my way that was dumb oh my god okay okay so two minutes turned into 47 seconds actually because it's a tide game it's a freaking tide game this is where it counts man oh my god somebody it's Bosch, Bosch gotta be wide open oh we got him in the air we got him in the air oh my god I thought he was gonna get blocked right there it's going to the line please don't miss this made one made two we have a two point lead we just gotta play that defense alright it's good we got Iggy in the game Iggy in the game on Kevin Durant Iggy's a great defender oh my god that was terrible but it's alright it's alright it's alright oh man I shouldn't have given it to Iggy he's not a great free throw shooter we are tying this series three games to three and we are going into a game number seven I'll see you guys there so here it is game seven if we win this game we win the championship what year is it 2018 I'd appreciate if we could win the championship in 2018 but these guys got Westbrook Durant, Ibaka, Deondre I mean this team is freaking amazing and we have Wade, Bosch, Mille, Wislow we have a pretty good team like it's not that bad actually but let's just simulate the game I don't care let's just do it let's just get this win alright if it's close I'm gonna hop in this game if it's not close then oh my god it's pretty close it's really close four points we have the lead we have the lead we have the lead we don't okay alright okay okay I'm hopping in I think we've done it I'm not gonna get ahead of myself 34 seconds left for an NBA championship leave a like on this video right now if you guys are enjoying it subscribe to this channel if you guys want to see more rebuilds and more videos just like this more what ifs I'm preparing a pretty funny what if all I'm gonna say is your hands are too small he cannot catch the ball that's about it yeah comment down below if you can guess which kind of what if I'm talking about but I don't know what the hand gestures are but anyway we're doing this right now we're about to win an NBA championship against the Oklahoma City Thunder if we can play some good defense obviously because yeah we don't even have the ball so yeah probably should focus on actually playing the defense that might help right yeah no great defense no my god that was almost an M1 it's all good one second left they can't come back they cannot come back so yeah and this is the free throw so it's over so I hope you guys enjoyed the video please right now hit that subscribe button hit that like button and comment down below how long it took you to win an NBA championship with the Miami Heat and yeah comment down below if you guys could guess the what if I'm talking about for my next one and it's over your Miami Heat of the 2018 NBA Champions I'll end it from here peace


We got a feisty bunch in here today All right Okay, so we'll go ahead and get started here. I got two o'clock on my clock There's a lot of material Let me just clarify because I know a lot of people watch all the stuff on me and misses you that the lectures that are made publicly available So what I'm covering here normally it misses you for the last several years I've given this talk called the market for security and in that talk I first cover private law like how could in a free society How could there be courts and police and judicial services? What would prisons look like if anything in a genuinely free society of the type that we're talking about here It misses you and then like in the last 15 minutes or so I would try to cover the private production of military defense and I thought okay. I'm being too cocky I need to take at least 45 minutes to explain how could a free society possibly provide military services So that's what we're doing here So the little bit of this if you've seen the other talks I've given on the market for security is a bit redundant But you'll see here. I elaborate So this is the first time that I've given the standalone talk here. It misses you and of course just to clarify was again What we're doing here is I want to say in a society without a coercive state How how could you how could it defend itself? How could those people defend themselves? Wouldn't they be sitting ducks for some neighboring state for example, and that's one of the standard objections people might say Okay, yeah, sure you guys could build roads I could even possibly see you know police and so forth but come on some neighboring state comes in with its Modern military and you guys would be sitting ducks and so that's the kind of thing I want to address right now Let me let the cat out of the bag. I think that's a huge misconception even many committed anti-state You know libertarians they still you know will sometimes they give these throwaway lines like oh Yeah, the government can't get anything right except killing people and and I get where they're coming from But actually no the government's not even very good at killing people all right And so what I mean is compared to if private business had the right incentives to do that So normally that doesn't come up because private business isn't legally allowed and blah blah blah But you'll see what I'm saying when I go through here Just like you wouldn't say oh well I mean if the apparatus of the state really threw itself behind wheat production, you know Then the USSR would have really outproduced a capitalist society in terms of just you know tonnage or or bushels of wheat And no in general that's that's not true it just because the government really sets itself to some aim That doesn't mean it actually satisfies it better than a private sector alternative would if it made economic sense to do so Okay, so that's what I'm gonna say here I'm gonna try to get you to see that this presumption even on the part of many libertarians that oh Yeah, the state the one area where they're really good as organizing militaries and you know blown up other countries and think that the only reason you think that is because Right now it's states that dominate the production of military services. We don't really have something to compare it to Okay, let me alleviate any I don't know what you guys are laughing at this is a very serious post So a lot of you may know that I personally call myself a pacifist And in fact Tom Woods and I recently had a debate on the contra cruise where we were debating pacifist I'm not gonna be Sort of cheeky and tell you who won that debate I will say however that I didn't lose all right and so And let me just tie that so so what I'm doing in this talk. I wanted this to be one for a more general audience So it's true. I personally would not contribute funds if we're in a free society I would not patronize businesses that you know used missiles and thinking we're trying to actually end the lives of foreign soldiers Trying to invade that's just against my personal preferences But what I'm talking about here is I know most people don't share those preferences And so here I'm giving as an economist a libertarian economist My vision of how the market for military defense would operate in a society that it was Composed of people who were largely like we are in so-called Western countries today Except that everybody believes we can't initiate aggression. All right And so this thing take the cultural Norms the way they are and how people feel about okay if somebody invades us We certainly are morally justified in hitting back that sort of thing and just saying how would that play out? With those people in a society though where there's no institution that can take money from people against their will because that's what taxation is and Also the the agencies providing military defense. They can't for example Conscript labor all right because that would be slavery. You're not allowed to do that period Even if you're doing it for a noble cause like repelling a foreign invader. Okay, so that's what I'm doing here It's an analogy. I personally don't use heroin and yet as an economist if you say okay What would happen if we legalize drugs tomorrow? I can sit there and walk through the market for heroin even though I personally You know wouldn't engage in it and don't want my kid to likewise here I happen to be a pacifist personally, but that's not really relevant for this lecture So in this lecture, I'm gonna just talk about a hypothetical libertarian society and how they would I think handle issues Like what of some neighboring state is massing its troops on the border and getting ready to invade us What would we do that's the kind of thing I'm talking about Last bit of housekeeping let me just mention even though for a lot of people and some of you came up here just before this lecture to tell me and Saying that yeah, this is the most difficult question as far as the advocate of a free society to explain military defense in terms I mean I get why that seems like the most pressing because you get invaded by some foreign country and that you know that's that's kind of a bummer but You know as opposed to like the under provision of education or something like that You know like if the literacy rates a little bit lower than what it ought to be That's one thing but you get conquered by some neighboring state. That's pretty much a deal breaker for a lot of people So I get why that's the case, but in terms of conceptually actually as you'll see as I go through I think this is actually pretty Straightforward the real issue. I think that the conceptual hurdle for explaining how could a genuinely free society work is When it comes to well, how could there be the rule of law like that's tricky And that's why like some of the iron rand even thought no you can't have Anarcho-capitalism that doesn't make any sense She thought because if you're gonna have the rule of law you got to have one agency in charge of promulgating or at least codifying what The law is otherwise you'd have competing, you know So that's the kind of thing that I handle if you want to know more about that That's the the market for security. I talk about that question But once you have the legal framework in place so for this talk now going forward Let's just stipulate for the sake of argument in this free society Everybody knows what the property rights are and then now the issue was just okay What do we do about the possibility that some foreign army might come in or some you know air force might start bombing us? That's the kind of thing we're gonna talk about a Lot of what I'm covering in this lecture if you want to learn more about that and read more about it look up my article The journals called libertarian papers so it came out in 2017 the titles libertarian law and military defense So that's where I elaborate and a lot of stuff. I'm gonna touch on for this talk Okay, so before we get into the real fun stuff about anarcho-capitalism. Let me just bring you up to speed even in terms of conventional Government militaries going to war with each other even on those terms It's still the case that the less government intervention you have the better off your country will be and the better you will be In a military capacity So this is a quote from Mises this comes from human action and I had to abbreviate this though, you know the Block quotes that are the paragraphs that I grabbed this from the whole thing is great But I didn't want to get bogged down here in too long of a quotation Well, let me just read you this from Mises. He says capitalism is essentially a scheme for peaceful nations But this is not mean that a nation which is forced to repel foreign aggressors must substitute government control for private enterprise If it were to do this it would deprive itself of the most efficient means of defense Okay, so let me just give you some examples of the kind of thing Mises has in mind here. So number one for some reason even people who Nominally understand the benefits of free enterprise think that when it comes to war Oh, wait, that's the one situation where you definitely need the government to come in and Nationalize industry like you need the government in charge of the steel because you can't have too much steel going to frivolous Uses when we got to be cranking out battleships and bombers and things like that And you certainly you know, you don't want there to be nylon stockings being made when there's a war on right? So that's that's the mentality even among people who are typically, you know, not authoritarian They think that oh, yeah when it comes to a life-and-death issue such as World War two Then you needed the government and they think that the Roosevelt administration in the United States did the right thing by You know wartime planning. All right, and so that's what Mises is rebelling against here So Mises was a minarchist and our language he would have just called himself a liberal in the classical, you know 19th century sense of that term But so so Mises did think that you needed the state To tax and then spend money on military defense But he thought that that was it that if the government needs to spend a hundred billion dollars Building tanks and bombers and getting troops and equipping them and so forth Then go ahead and tax the public and do it that way or he can borrow the money and do it that way He didn't want them to run the printing press because he thought that was undemocratic Mises argued that if the public wouldn't tolerate the amount of taxes and or borrowing that was necessary to finance the war effort Then that just shows the war was too costly and that you know the government so if instead they finance the war by running the printing press Mises thought that was like a sneaky way of Funding something that the public really wasn't prepared to shoulder the burden of as far as the actual military effort though Mises's point was Nationalizing industries and having central planners dictate. Okay, this much steel is gonna go here. It's gonna go here that That's sabotaging the beauty of the market economy And so yes, it's true going into a major war like the US going into World War two what needed to happen clearly Fewer automobiles for personal use had to be produced because you got to start making tanks and Fewer luxury cruise liners needed to be made because you got to make battleships and aircraft carriers But Mises point was you don't need central planners to micromanage that just like if the public all of a sudden Decides they don't like cigarettes anymore You don't need central planners to tell the farmers stop planning tobacco You just let the market price system and profit and loss signals Guide all that and do it in the most efficient way possible to deal with the new situation So likewise if you're in peacetime everything's great The economy is correctly calibrated to you know using the resources given Technological know-how to what consumer preferences are and now all of a sudden there's a big change in the data Namely that the you know Japanese bomb Pearl Harbor and the US wants to get ready for the war How do you get all the businesses to switch over and start operating in light of this new information? Well, Mises point was you rely on the market system profit and loss test the one Caveat there though is that the buyer of the military hardware is going to be the US government And they're going to get that purchasing power through taxes and or borrowing is the way Mises thought it you know Ideally would happen So there you know the government spends a lot more on tanks and bombers That pushes up the price of steel and the other inputs and those necessary for those things And so that makes private automobiles really expensive because now the inputs that you would go into a car are a lot more Expensive because of the government buying and that's how you know automatically people would ration the use of Think you know frivolous things are resources going into so-called frivolous purposes Civilian uses would be curtailed an expansion of the wartime industries would happen automatically as it were okay so that's where Mises is coming from and to do things like putting in place a Wartime profits tax for example. Yeah, that's something that's very typical that Western nations would have done You know going into the world wars that just cripples the ability of private enterprise to respond to the new situation right so Mises point is What is it that profits mean it means those Entrepreneurs correctly anticipated the change in the data and they adjusted their production decisions Better than their peers did and so in a situation where it's your country's survival is literally on the line You need to switch over industry as quickly as possible and later the new situation You want you want entrepreneurs who are making profits because that shows they anticipated the change better than other people did So you want them to be rewarded you don't want to cripple that mechanism Which is what a wartime profits tax would do all right same thing too with Like meatless Tuesdays and stuff like that if you if you're familiar with US history Where they would ration? Consumer goods and so in addition to having money they also had price controls and then out explicit rationing with coupons Again, that just cripples the economy's normal ability to ration things. We have a rationing system It's it's called money and prices and so if the government is buying up meat to put in you know Packages for the troops that pushes up the price of meat and people naturally economize on that It doesn't mean the whole country just stops eating meat though Maybe some people really want it in which case you can still get it right you just have to pay the market price for it So that's how the price system works in general and Mises point was that's what you want to have happen here now beyond just these sort of abstract Economistic remarks Mises also has a lot of history So he has a few remarks in human action some of his other works where he says things along the lines of No capitalist country has ever lost a war all right and he's saying even the despite the much touted war socialism of Germany Let us not forget that it lost both world wars and he even argues that Germany would have easily defeated the Russians Except that they were aided by Len Lies and you know other US Support, okay, so I've talked to military historians who think maybe Mises is stretching there But the point being Mises does go through and try to supplement these Theoretical remarks with with history and Mises was in the first world war also So I mean he saw some of this with his own eyes so in any event if you haven't read that stuff It's pretty interesting to see Mises as a military historian just commenting on some of these things but his point being that It's it's not correct to say. Oh, yeah The one area where explicit government intervention in central planning works is when it comes to Fending off a military invasion. No, he says that that's exactly where you want it people to be nimble You need to be able to adapt quickly in a situation Where events are changing daily or even hourly and so how do you do that? How do you maximize the adaptability of your society if you want to think in those terms? It's certainly not but not by Channeling it and turning it into a system where just a few people at the top make all the decisions and everybody else Just waits for orders to trickle down That's the last thing you want to do in a situation like that If you wouldn't rely on that kind of a system to make TVs or radios, why would you do it? You know, why would you rely on that kind of a system to defend your nation from being conquered? Okay, so that's the baseline for just even a regular, you know Two states going at it and just saying okay given that the state's gonna Fund the military defense and it's illegal for private companies to do it without the state's permission You know, Mises is showing you still would want to limit it just to that okay in terms of the classic Functions of government night watchman state you wouldn't have the government do a bunch of other stuff on the side to try to supplement the war Effort that would be counterproductive, but now let's move into Okay, the real thorny question. Well, suppose you have a totally free society. There is no state apparatus Now, how would they defend themselves from a military attack? So here and I outlined this again the paper that I pointed you to also my booklet chaos theory if you've seen that And this is an elaboration Rothbard talks about it and for new liberty I know Hapa has an essay on the private production of defense so The the consensus seems to be that at least in a modern Let's call it Western society of the types most of us are familiar with if those group of people all of a sudden turned Ancap how would they defend themselves? It would probably the the primary funding mechanism would probably come from the insurance sector So just imagine a city like New York City, okay, so there's all these skyscrapers There's hundreds of billions if not trillions of dollars worth of property in a small area And so just like well gee, what if there's a fire? How would a free society protect itself in case there's a fire? Well, there's fire insurance Okay, and that's the way you spread the possibility of that loss among the whole population That sort of thing likewise I think there would be insurance contracts that would indemnify the owners of major pieces of property in the case of War damage or you know being conquered from some outside army. So you've got major life insurance or sorry major insurance companies Putting out these policies collecting premiums on them And now instead of just sitting back and saying well, let's hope we don't get invaded or just running the probabilities and charging a really high premium The insurance companies would realize we can lower the probability of a successful foreign invasion or this property being destroyed by bombers or tanks If we engage in defense Just like you know, this isn't sci-fi stuff right now fire insurance companies if you have a large building They'll give you lower premiums if you do things like show them that you have You know sprinklers set up and you have fire extinguishers and strategic location You have smoke alarms stuff like that so that the fire insurance company knows the chance of this particular Property being destroyed by fire and then us the insurance company having to indemnify the owner That probability goes down if they have things in place like smoke alarms and sprinkler systems And if we have a deal with the local fire department so that you know if our sensors go off We can have a truck there in 30 seconds or whatever you get the idea So and they'll pass those premium savings along to the customer to induce them to be willing to to fund those sorts of things Okay, so something real obvious like putting in a sprinkler system for a huge skyscraper You're not going to need government fire codes or building codes to ensure that happens It's not that people in a free society don't know how fire works Okay, and something that's obvious like spending whatever it is a couple of thousand dollars to put in a sprinkler system For a multi-million dollar apartment complex You don't need government codes to force private owners to spend a few thousand dollars for something that might avoid them millions of dollars in fire damage Right, and so that so I'm saying in practice the way that kind of outcome would happen Absent government coercive fire codes is something like the fire insurance company Just you know having in their contracts built in things saying you do the x y and z and we send inspectors periodically Right because the private owner might just say oh, yeah I we have a sprinkler system go ahead and give us a lower premium But maybe they really don't or maybe they installed it, but they're not staying on top of keeping it up You know maintenance and so forth. So maybe the fire insurance company also has inspectors that just show up Unannounced and do routine checks and that's part of the contract. They have the right to do that and so forth So a lot of this stuff that happens under the guys of government Building regulations with fire codes and things like that You could have analogs of that in a free society. I think the insurance sector would provide a lot of that so likewise here If there is a chance that some other country is going to send bombers and cause a billion dollars worth of property damage The first people that are going to suffer that would be the insurance companies And so now they have the incentive to say okay instead of us just sitting here as sitting ducks What if we instead paid some money to firms to set up surface-to-air missiles? Okay, and they could knock down incoming bombers That greatly reduces the probability that these skyscrapers are going to be taken out by foreign bombers if we have samsites Set up at strategic locations. All right, so The first hurdle to understand how could a free society exist without a political state Engaging in large-scale taxation and then expenditures on military defense Is I think the insurance sector would step up and they would be the ones Who would have the incentive and the ability because they're taking premiums from all the property owners Or at least all the large property owners in the community To make payments to private firms that engage in what we would call military defense. Okay, so that's the um the first thing i'll say here and then You know, so you can imagine things like this. I don't think there would be large standing armies All right, just in terms of just picturing it because if for one thing just that's expensive to have a huge standing army Just sitting around in general. So I think that's expensive. And certainly they wouldn't have swastikas That would just that would be bad for pr, right? They wouldn't do that but in general, I don't I don't think it would make sense just um, you know in general to just like, uh cities in northern cities can be ready in case there's a bad snow storm And they don't have you know thousands of people just sitting around all year On the off chance that there might be a really bad snowstorm, right? They have people that are doing other stuff that yeah, they could call up perhaps Um, you know, maybe a lot of the equipment they have in reserve But they don't have people just sitting around for years on end on the off chance something happens So likewise to I just I don't think in practice large standing armies Wouldn't make sense just business wise and we'll see as we go through this Why I don't think they'd also be necessary for military purposes But to alleviate the concern because that's a standard thing to say, oh wouldn't these large You know these firms that are providing private defense why wouldn't they just turn into a state? Well, one reason I think is that they wouldn't have large standing armies It wouldn't be Millions of people in a given society that would be serving this function for one thing Okay, another thing I think we need to Recognize here and I and it's the and this is a strength So the private defense firms are not allowed to just Violate property rights and get away with it because hey, there's a war on And so I've talked to some people even those who are sympathetic to libertarianism And they think that this is a constraint, right? They think that oh, yeah a neighboring state that wants to go to war with our free society They have an advantage military wise Because they can just you know requisition property, you know if their armies want to Build a bridge or something, you know, they can just conscript local workers They can just grab the steel or the wood or whatever it is the nails they need They don't have to pay for it They can just do all sorts of things like that and that's supposed to be an advantage to them Whereas we're talking about private firms embedded in this voluntary framework of a free society Where there's no institutional violation of property rights. So it can't be that some firm systematically Commits crime or destroys things Violates property rights in general that that would be a criminal activity and they can't just say well We need to defend ourselves. So in particular The one where a lot of people Think this would be a constraint is when it comes to the draft Okay, so Foreign armies they would be allowed to draft You know, there are citizens into the army and they could have huge armies that way in the free society There would be no analog you could not private firms could not get people to work for them and defend You know the free society against their will because that would that would be slavery or kidnapping you can't do that And so what i'm trying to tell you here is that's a good thing You don't want them to be able to do that that historically It hurts those societies where they tolerate their government drafting people Okay, and so just think of it. I'll do like a sort of economic argument first and then i'll try to make it More practical and appeal to history So as far as the economics of it labor is a resource just like anything else and Especially as we get into more modern warfare It's not obvious that the best thing for every single human being to do Is to just go to the front lines and get shot at or shoot at somebody else Right, there's all sorts of roles that people play in the modern division of labor to supplement the war effort And so when you start thinking of it that way just all the standard problems of central planning Just like if you're saying hey, we want to maximize food production We've got millions of people at our disposal. How do we do it? You wouldn't want central planners just telling all the people where to go and say, okay, you guys over there You go work on farms you people work at a distribution center You people build 18 wheelers because we need to be able to transport the food around You guys work on refrigeration units You see i'm saying there's a lot that goes on as you get into a modern economy Even for something like just food production And the same holds for something like defend the the society from military tech It's not obvious for example How many people should be snipers? How many people should be working in demolition? How many people should be doing r&d making new weapons? How many people should be working in the factory that makes bullets? How many people should be working on making new types of body armor, right? There's all sorts of things going on and it's not at all obvious who should go into what occupation And so when you have a draft that just Sort of swamps all that information that the market process and signals were giving to to entrepreneurs And you got a few central planners who work for the military Just deciding this is how it's going to be So in any other area we would see that would be crazy and that would that would stifle and cripple the effort And there's nothing special or intrinsic to military Attack or defense that all of a sudden you know flips that on its head and all of a sudden central planning Is a really smart thing to do Okay, so so there's that element another way. Let me motivate with some historical examples So, uh, Jeffrey Rogers Hummel has a book called emancipating slaves and slaving free men And it's he's talking about the the u.s. War between the states or civil war and he has um, he quotes some historians who are saying that On the eve of the civil war in the united states A lot of military Historians and you know other experts thought that the south was going to be fine the confederate states would be fine because after all The us itself had defeated the greatest empire in the world You know when they they fought fought off the british during the war for american independence And so they thought okay if the if the south engages in the same type of warfare Right where they have you know guerrilla tactics. They're just hiding out in the woods And the if the north there aren't union armies come in and they just take potshots and run away and they know the terrain better because it's you know That's their it's their home They thought the the north's not going to be able to win All right, and yet the south did lose And let me just mention in the in the war for independence You know when the when the us colonies fought the british Part of what was happening there and you see the problem with conscription Is the the british troops they were famously wearing red coats So they'd be marching through the woods And sticking out like a sore thumb this guy's in these bright red coats marching through whereas The colonials they were you know dressed either You know green things or stuff that blended in they were being civilian clothes And they could take potshots and then run away into the town You wouldn't know who was who you wouldn't know who was a partisan or not And so you might wonder well, why didn't the british adopt similar tactics? Why didn't they have their troops dressed you know in civilian clothes? And one of the reasons was because then they might defect Okay, so because again those british troops were not there voluntarily at least a lot of them weren't they were conscripts They didn't want to be there getting shot at they might not have cared about keeping the colonies for the king And so if they're there part of the function of having those bright red uniforms was so that if they ran away The you know their commanders could find them and also the people in the town would know wait You're not one of us get out of here. You're you know, you're an enemy and it's soldier invader Okay, so that that was partly You know for the the discipline and just maintaining the ranks of the invasion invading force and so you can see in a situation like that. Whereas the Partisan colonials who were taking shots of them in the woods like snipers and running away They were defending their homeland. Nobody was forcing them to fight like that. They were just trying to repel invaders okay, so That it just gives you an example of how that works And so If some historians think if the south if the confederate states had adopted similar tactics They would have been able to withstand The invasion from the union forces, but that's not what the south did the south had a draft They got their troops in line. They gave them uniforms and what did they have them do just think about it They hit them line up in march right into union cannons and and you know rifle fire Okay, so it's it's perverse. It's like if the if the confederate government just sat around thinking How can we maximize how quickly our able-bodied men are slaughtered?  We'll use our police and say hey get over there get over there and get shot. What are you doing? Okay, and so just I mean so it's kind of perverse, but that's if you think through that's what happens with conscription Or especially if you read about the battles of world war one You know when it really got going and you'd have the different, uh, you know the trenches set up And some of those horrible killing fields where tens of thousands of casualties were happening Per day depending on which bail you're talking about Again that the only reason such mass slaughter was possible Was that both sides were conscripting their men and sending them into these killing fields? Okay, that if you had a free society they wouldn't have done that And so they wouldn't have lost one of their most valuable resources, you know so easily So that's partly What i'm getting at here is that when there's conscription what happens is among other ways of thinking about it besides the moral Horror of just millions of people, you know being taken against their will and Forced to be either kill or be killed Besides the moral problem just economically just think of it Dispassionately, you know as a as a robot or something Those are very valuable resources, right when you're getting invaded one of your most valuable resources is the people at your disposal And the last thing you want to do is have people in charge of them and their allocation Thinking they have virtually a zero price And yet that's what the infantry are to military commanders They're almost free and yeah, they're not just going to sacrifice tens of thousands of troops for no reason But they're not fully internalizing the cost of that and they're certainly not recognizing. Oh, wait a minute We just killed somebody who was a great chemical engineer He might have been able if he had been out working in a lab somewhere He might have come up with a better bomb But instead we you know gave him a rifle and told him go take a hill and he got mowed down with machine gun fire And now we you know, not only is that guy dead But now we don't have the new bombs that he would have invented had he been placed somewhere else where he should have been Okay, so that's the kind of thing that in general market prices do is they ensure resources go to where they're most urgently needed And so in the kind of framework i'm talking about here again, it's those life insurance companies That would be paying bounties So just to talk a little bit more about that The insurance company might say you're you're faced with an incoming Invader they might say okay for every enemy helicopter you knock down will pay your firm ten thousand dollars For every infantry that you you know take out a commission whether you kill them or just you know Shoot their kneecap or something so that they're they're out for the fight will give you whatever eight hundred dollars They would set prices and they wouldn't be arbitrary They would run calculations just like actuaries can figure out if you're a smoker How much more does that cost us as a life insurance company and the premiums are adjusted Likewise you've got an incoming army they could figure out at least come up with some estimate is to say how valuable is it How much would we be willing to pay to take out one of those incoming bombers and they would give bounties accordingly? And so then the private firms hiring workers voluntarily Would figure out, you know, what's this person's marginal revenue product in terms of this particular occupation and this line, right? So that's the way you would have so-called rationality and economic calculation In something as esoteric as military defense So again a draft means the people running that operation Think that the workers are basically free when no they're very valuable and you want them to know what the opportunity cost is Likewise when it comes to something like blowing up Infrastructure inside your own society So this is a common technique that if you're retreating and the invaders are coming in you do stuff like blow up bridges Like just to hamper the enemy's ability to quickly cover terrain So they might do that the private firms, you know, especially if if it doesn't go well the first couple days in the outside states coming in and penetrating They might do stuff like blow up roads or In a free society who would blow up the roads the companies would the private companies that's who We've got that question handled too. All right, and so You know blow up bridges stuff like that that's fine, but they would have to pay the owners They couldn't just blow up stuff and say well, you know, we're defending from this foreign invasion They would have to pay for it Just like, you know regular right now if a plane's flying and crashes and takes out a house somewhere The the airline company or their insurers or somebody has to compensate the owner for that You can't just say well, we got to have air travel Occasionally some people's houses get blown up and that's not our fault, right? You know you pay for stuff It doesn't you don't ban air travel But the point is if your business operation entails The loss of other people's property you got to indemnify them in a free society So that would happen here and again, that's a good thing We don't want agencies that have the power to just go around blowing up property For all we know that bridge is more important So that the munitions being made in the factories can get brought to the front lines somewhere else, right? So maybe by blowing up that bridge that one firm thinking it was helping actually is Crippling the defense effort, right? And so how do you know market prices? That's how you know, right? So the other firm that's really relying on that bridge Maybe they're paying so much to the owner and the other firm comes along and says, you know I actually think you know, we'd be willing to pay you $800,000 to take this bridge out because we got these plans This operation we're doing to stop these invading tanks and your bridge is really a pain a thorn on our side Let's take it. We'll pay $800,000 But the other factory might say no we'll pay you $900,000 to keep that thing in operation, right? So that's the way the different firms that have different ideas for how can we defend That's how they compete and that's how it gets settled through the market price system Okay, and here's one that's even more esoteric even when it comes to blowing up the enemy Hardware or you know killing enemy troops It's not clear to me what the legal status would be there. So we've got a free society You know judges make rulings and it's clear cut in the boundaries Of the free society what the legal system is and who owns what but it's not as obvious to me What is the legal status in the Rothbardian courts? Of outside like us government assets, right? Like does the us government is it's its own corporation and it owns all of its tanks You know, it's not clear to me how that would be or is that like The taxpayers in the us own that and you know, you see what I'm saying? So it's not obvious to me exactly how that would play out But for sure what would happen if it is the case Like let's say that the invade the the defending forces Want to do a preemptive strike and so like the the let's say it's the british or the us For whatever reason are about to invade and they're saying, you know If we knocked out some of their spy satellites and some of their reconnaissance aircraft like the drones and whatever That would really help us when they when they pull the trigger and they really invade us If we have first neutralize some of that stuff, you know knock out their recon or whatever So maybe they have to You know take out some of that stuff before the war officially starts They would be able to do that, but they'd had to pay for it, right?  And we'll you know We'll give you two percent of the face value for that because you know you're not ever seeing that money And so maybe they would do it that way so that the private defense firms could load up with a lot of Claims against the invading forces just vis-a-vis their own taxpayers and that's how legally they could show Yeah, we caused six hundred million dollars of damage to them And here we go and this is how we compensate for because they've cost six hundred million dollars of damage to their own people that we've acquired For you know five million dollars payment and here you go So again that might seem like quibbling and oh my gosh, you're worried bob about violating the property rights of these invaders Yes, I am right and that's a good thing That's that's our strength is that we respect property rights And so even in a situation like this where the courts rule No, technically they didn't send a cruise missile over our border yet So you can't really knock out their surveillance satellite or else that's aggression. Well, we could compensate them for that All right, so that's the kind of thing I'm talking about Where that actually is our strength. That's why we would have such a potent military defense Is because we would be guided by profit and loss signals Okay, let me uh in the time I have left here just try to Deal with some objections people might have or ways to help clarify Thinking through this process because I know it's tricky when you first encounter it Okay, so one thing is just make sure you're always doing an apples to apples comparison So yes, if everybody in this room just reads Rothbard and then I took you back in time and it's you guys versus nazi germany I'm pretty sure nazi germany is going to beat us in this room. Okay but um Likewise nazi germany defeated france, right and they had a state military at their disposal Okay, so you can't just say I can dream up a scenario Where a private society of you know free individuals would lose to a state Therefore private defense doesn't work because likewise I can think of countless examples where state militaries failed to defend their country from an outside Invasion so therefore I guess state provision of defense doesn't work either Okay, so it's always an apples to apples the claim is Not that private defense makes you invulnerable But that other things equal it's the best way to defend yourself just like if you're saying Hey, we want to have the best automobiles or the best computers or the best food How do you do it? You don't say oh, let's put the state in charge of that because that's really important for our society So we want to have government running it. No, you'd say leave it to private enterprise That's the way given whatever our skill set is in our natural resources and so on That's the best way to maximize quality in that particular sector. So it's likewise here Um another way of just again seeing the advantage that the free society has There's no monopoly on the ideas right if some so the insurance companies for one thing are all there's multiple ones So maybe some of them have different ideas about the relative value Of foreign targets, so they might set different prices accordingly It's not just going to be a case of groupthink But also there's competition and so you wouldn't have all your eggs in one basket like in france famously in world war two, you know, they had to imagine a line and Hitler just went right around that okay, and so Here there since there's not just one group of people in charge of defending the society But there's competition so some people might try conventional methods So you know a lot of people might be ex-military from other countries But there might be some people that are totally new and they just come up with a brand new idea that We'll totally shock the you know the state militaries Also, by the way Let me see if I put it in here. Yeah, the ANCAP society is going to be fantastically wealthy.  So just as an example I mean just probably if you had a firm and it had 10 years to do it and had 10 billion dollars to spend they could probably come up with a system where they could have a bunch of drones So some enemy comes in a bunch of drones get deployed They go and attach themselves like to the treads of tanks and just have minor explosions Not to blow the whole tank up but just to incapacitate it And little things that go and go on the necks of the invading infantry And so they can track them right little little things that they can so they know where they are And if they get near sensitive targets, you press a thing and it releases something their bloodstream just knocks them out Okay, so i'm not saying that's the whole thing, but that took me 15 minutes to think of right and so If you have a society, you know of a million people or more And it's not like and especially if it's like the us or something I mean they would have to First have a propaganda campaign before they could just start dropping bombs on some other, you know Society so people would know it was coming they would have time to prepare and again the funding would be there And they would be if if you don't think they would be fantastically wealthy compared to the other status controlled societies That I don't think you've understood the case for freedom right that you don't understand how much Even like in the united states, which is relatively free compared to a lot of places How poor we are because of what the state does Easily we'd be three times as wealthy in a few years. I think if you got rid of all the state apparatus, okay So with that much margin for error, I think there's it's clear it would be like The us versus vietnam with the technological roles reversed Okay, so it's distinctly a part of how it was hard for the u.s Forces to beat them was because the guerrilla warfare imagine that the vietcong In addition to having those tactics that made them tricky to to snuff out Also had technology that was way more advanced than what the us troops had that's the kind of way to think about it You can see that that the us probably would not have persisted in trying to to conquer them Okay, another thing too is I think A lot of people don't realize just how inefficient state militaries are and this kind of goes back to that earlier thing I see when sometimes libertarians and you get how they're trying to be funny when they'll say stuff like Oh, yeah, the government's awful and everything except blowing things up and killing people ha ha No, this is what i'm saying is no actually if it really came down to it The private sector could kill people way more efficiently, okay Now I actually don't think in practice they would like other things equal If you want to cripple an invading force you actually don't want to kill their infantry You just want to make it so they can't fight and just have a bunch of people there You know that they still have to take care of and feed and house and the other troops see them Like you know if you somehow could make it so they couldn't walk or whatever like that's actually More militarily effective than killing them and so that's i'm just showing you that the way Militaries think is is not correct in terms of this the overall strategy But just to give you an idea here Anyone know dan carlin the the hardcore history podcast? So if you I was listening to his thing on world war one and it was amazing That he was he was saying that up so that you know it starts in the summer of 1914 and up through late 1915 Most of the armies they were still issuing felt caps to their soldiers Okay, so something as little as that something is you know, the the governments they could have Instead of in drafting Let's say 10,000 of those troops and setting the front lines where many of them were slaughtered within weeks Instead having an extra 10,000 people just being back home Cranking out steel helmets that would have made much more sense just that little tweak in how they were running their operations So i'm saying just imagine that times a thousand over the especially if it's a long drawn out campaign Also, the more you Like something like world war one that was largely a logistical supply issue like which nations could outproduce the other ones That was it didn't come down to tactics. It came down to how much material could they produce? So again, just showing you in modern warfare This idea that a free society is a sitting duck with a bullseye to compare to a state is Is crazy. Okay, last point here. I'll make you know wrap up Uh the classic question people say wouldn't warlords take over All right, and so it's ironic that people say all right. I'm really worried about One of these these defense agencies getting so large that maybe they start taking money from their customers against their will And they start, uh, you know killing people that they shouldn't and so that's why we have a state Right that that's it's like saying You know the the worst thing that could happen is that one of these companies would turn into a state And therefore we should have a state.  All right So there's that element beyond that though to be a little bit fairer what they have in mind the person who makes this argument is to say Well, no If we have like a constitutional system and we agree ahead of time on the framework For these periodic elections and the role of the government that the kind of government we get under that Setting or in that setting is going to be more humane and controllable than one that emerges, you know From your ANCAP system sort of accidentally and there I would just say and I have an article with this title if you want to go look at it, but there I just make the point that The type of people who could contain a government so for which A constitutional limited government system would work the kind of people necessary to make that happen And thus far in history no such people have existed right because there there has been no government that's been contained But the kind of people that could make that work Also, if you had multiple competing defense agencies if one of them started getting aggressive They would just switch their business elsewhere Right, so if you're the kind of person that once you saw dictatorship emerging you would go vote for somebody else next election Well, then you can just switch your business too. So it's like if if limited government would work for a given set of people It would Preventing tyranny would work so much better if they were totally free in the Rothbardian sense. Okay. That's my time. Thanks everybody


Like I said, I don't lack in sex.  It was always new. I never treated her like my wife. She is my wife I love her to death. There's a reason that brings on her finger, but she's my lover She is she is a woman. I don't view her as my wife I did not get the girl. She is a woman and I've got to treat her accordingly Every day when my feet touch the floor I start gaming her.   It keeps that there if you're always available.  You're boring.  But what if you take a little bit of that away? What if you start inventing a side of yourself?  I'm gonna go do my thing.  She's a part of my mission. We do things together But I'm also trying to develop myself.  Yes, you know, because this is my mission This is my passion. This is why I write.  It's to put a governor on what it is I'm saying because if you've ever seen a periscope where I'm cruising to my Jeep, you know, I'm just cruising the Jeep I got my phone here and shoot out periscope, which is much easier than what we're doing right now like holy fuck. I Can go on and on and I start to lose myself to the emotion because I'm passionate, you know Somebody was talking about empathy the other day.   What do I do?


Victor, North Korea is in the midst of a transition in the wake of Kim Jong-il's death. Kim Jong-un, his son, has been put in charge, nominal at least. Who's guiding him during this transition period, because he's so young? Well, I think the speculation, Maria, has been that because his fellow is not even 30 years old yet and has no experience, they've surrounded him with a group of regents, if you will, including his uncle, Chang Seong-taek, his aunt, who is Kim Jong-il's younger sister, Kim Kyung-hee, and then some of a younger generation of generals, somewhere in their 60s, that have been promoted over the over recent years. So I think that's the group that surrounds him. The problem, of course, is the plan was it should take about 10 years, this transition, and clearly they don't have 10 years. So I think they're kind of making it up as they go right now. United States and China obviously have a huge vested interest in what happens over the next period. Are they working in concert? Are they cooperating, or do they have different agendas at the moment? Well, I think there's been a lot of high-level dialogue, I think, in the aftermath of the announcement of Kim Jong-il's death. At the highest levels there's been communication between the United States, the ROK, and China. But I think that the interesting period still is to come, which is after we're done with the funeral procession and ceremony for Kim Jong-il, and as we start hearing signs of what is going on in North Korea through press reports or intelligence or whatever it might be, you know, how the three countries that interpret that sort of information will be interesting to watch, because their interests do not necessarily coincide on the peninsula. China very clearly wants to support this transition and would like to keep the peninsula divided. I think for the United States and South Korea, while they certainly don't support the next leadership and they don't want to see a total collapse of North Korea, they would like to see things move in a better direction. And that may not necessarily be what China wants. China may be happy simply to have stability under a leadership that continues the policies of Kim Jong-il. You've recently published a report on the possibilities of a North-South reunification. Does the death of Kim Jong-il make it more likely reunification happens or more difficult? Well, I think it's really hard to deny that the sudden death of Kim Jong-il does not take us closer to unification. It certainly doesn't take us to unification. But, you know, no one expected this to happen. In many ways, this is the worst scenario. It is the nightmare scenario for the North Korean leadership to see Kim Jong-il die suddenly when they're not ready for a transition. So that does take us, at least in some fashion, closer to unification than we were before the death of Kim Jong-il. But, of course, we don't know. There's still a long way to go here. But I do believe that, contrary to a lot of the popular press speculation, I do believe that this is not going to be a smooth leadership transition. Anybody who believes that they had a clear succession and transition process all planned out before Kim Jong-il's death just is wrong, I think. Because in the North Korean system, there is no possible way that people could have sat down and said, let's have a plan for when the dear leader dies. That just doesn't happen in North Korea.  And the funeral procession and all the ceremony stuff is going fine right now because they've done this once before. They had to do it in 1994. So they have that playbook. What they don't have a playbook for is what comes after December 28th. And that'll be very interesting to watch. Great. Thank you very much, Victor. Thanks.