Great video and much needed. Having been exposed to many a myth.....I think there is one more that I had to overcome before thinking clearly about the role of the state;
That the Fed and the Bank of England etc. are private institutions.
It is something that is constantly but subtly repeated in the mainstream media (at least here in the UK). Leading to many a false assertion about the nature of capitalism and the free market and the nature of money/price. Raj Patel's new book being a prime example.
The most common of which is that ‘capitalism’ is a global political system headed by ‘fat cat’ bankers and their (unelected) corporate parties. A political system - a mythical higher power - which trumps the poor old nation state because it controls the world money supply through a privatised Fed/banking system.
I would like to have seen the private Fed and BoE myth referenced in the video.