Yea capitalism never fails.. not like there’s millions of starving and homeless people right here in the US, and also don’t forget that if you break a bone in the US, you have to worry about whether or not you’ll be in medical debt because you went to the hospital.

@Cineva7997

Жыл бұрын

In communism EVERYONE was equally poor.

@conductingintomfoolery9163

Жыл бұрын

The ussr was richer then modern day Russia, North Korea was richer then the south until the 80s, when the ussr collapsed. Due to ethnic reasons.

@Cineva7997

Жыл бұрын

@@conductingintomfoolery9163 But what were the people doing? Oh yes , being opressed , working in bad conditions , scarce food and the list can continue. I lived in communist Romania and believe me , it was hell on earth

@conductingintomfoolery9163

Жыл бұрын

@@Cineva7997 Yeh, i'm not saying communism its good. It's worst, but capitalism is still shit along side capitalism.

@tempejkl

Жыл бұрын

@@Cineva7997Did you really live there? Or did you live whenever capitalism was introduced

"capitalism NEVER fails". I think 12 million poor children in the US would disagree

@ledzeppelin1212

2 жыл бұрын

Imagine how much more it would be under Socialism!

@Ignatiusussy

10 ай бұрын

​@@ledzeppelin1212 Close to none. There is no reason except greed for Bezos&co not to end problems like world hunger or unemployment. Let's see, There are more bank-owned empty homes than there are homeless in the US. Greed. Kids are getting fed actual shit in school cafeterias when just a few decades ago (before Reagan) the meals were actually edible. Greed. Around 26 million Americans are kept unemployed (obviously not individually but as a valuable group) and in severe poverty to scare the working class into working even harder through threat of replacement. Greed It is impossible to buy even a flat with today's average income, while if the workers were to own the means of production (aka socialism), even pizza place staff would be earning 75$ per hour simply because that is the actual value of their labor (this was a successful experiment done by a pizza place owner), pretty much guaranteeing a good life. And it should, because some of the lowest paying jobs also happen to be ones required for society to function, there is no reason except greed to keep these people in poverty when they provide essential services we take for granted.

@LukasMatejka-du5hb

8 ай бұрын

more than 60 mil. DEAD from socialism would also disagree with YOU mate

@Ignatiusussy

8 ай бұрын

@@LukasMatejka-du5hb Totalitarian regime, not socialism. Just because the most famous examples of socialism (quite poorly implemented btw) also happen to be the most insane dictatorships doesn't mean all were. There's also plenty of examples of capitalist totalitarian regimes doing awful shit, like the Nazis.

@lynxuvae

8 ай бұрын

​@@Ignatiusussyno way u just said that the Nazi Party, the Nationalist Socialist Party, was capitalist 💀

"Capitalism does not fail" failure doesn't mean your country disappears, failure means you're unable to provide the needs and wellbeing of the people. If it weren't for socialist ideas we would still have children getting sucked into factory spindles and Congolese will still be missing their hands to the belgium as trophies. Countless famines including the potato famine could have been prevented completely if countries cared about people more than a "free economy." Oh and socialism and communism didn't fail, it was defeated, there's a huge difference.

@hueyte8702

6 ай бұрын

Huge cope LOL "Oh and socialism and communism didn't fail, it was defeated, there's a huge difference." literally every country in the world uses the capitalist system, and notice how nowadays countries with communist/socialist economic systems are horrible to live in? China, Venezuela, North Korea, go live in them if they are such good countries with "prospering" economies, also very ironic to say how famines could have been "prevented" if they cared about people more than a free economy, 60 million died because of hunger in China alone. Have you also not seen how China went from a hellhole to a less big of a hellhole after capitalist policies?

@tudytudy3316

5 ай бұрын

@@hueyte8702 funny how people are so keen on communism nowadays. They really need to read any book about stories from people who were on the shit side of Berlin when it was split in two. Americans have never experienced anything close to communism so they think it was a noble system that just loved the average person.

@eges72

5 ай бұрын

The Western Bourgeoisie was and is desperate to the core of destroying existence of Socialism for eternity. During World War 2, The CEOs of Ford, Chrysler, GM, Coca Cola, United Fruit, Standard Oil, and IT&T lobbied and funded millions of dollars in home and abroad respectively for Nazi Germany and other fascist dictatorships, making their labor power and stock markets exploding in seconds, surpassing the US and UK combined, in spite of the second world war and the ongoing genocide. After WW2, They hired Nazi engineers, scientists, biological scientists, and thinkers in order to fight the USSR and amp their tyranny against the proletariat. Project MK-Ultra was made by CIA in cooperation of Nazi psychiatrists, with victims overwhelmingly being Communists.

@parjanyashukla176

5 ай бұрын

​@@hueyte8702 China's economic collapse was triggered by Opium wars under the British Empire based in Calcutta, India at that time. The savagery in India by the British is well known as well. It was consciously orchestrated - it just didn't happen "on its own".

@hueyte8702

5 ай бұрын

@@parjanyashukla176 So like what does any of that have to do with communism?

This 18 year old has it all figured out. He just hasn't figured out that what he has figured out doesn't work.

@kskip4242

2 жыл бұрын

Well obviously capitalism doesn't work very well either just look at the state of our country..

@indigenoussober407

2 жыл бұрын

“The problem with our Liberal Friends isn’t that they’re stupid, it’s just they know so much that isn’t so.”

@johnkidd1226

2 жыл бұрын

He's old enough to think he knows everything but too young to know that he knows nothing. That makes him arrogant and ignorant at the same time.

@johnkidd1226

2 жыл бұрын

@@kskip4242 What socialist country would you prefer to live in, maybe we can make a trade for someone who wants to come here?

@imout671

2 жыл бұрын

@@kskip4242 its because socialist minded politicians keep trying to regulate it to control people, print money, provide services for votes. Hell 75% of the county wants or gets a check from the government in some way. None of that is capitalism. If we'd go back to capitalism our country would improve

In a capitalist country, you are free to practice socialism by choice (companies, communes, etc.). Try being a capitalist in a socialist country? It depends on total control of the people and the economy.

@wulf67

2 жыл бұрын

Now imagine living in a country with a capitalist market economy and a democratically-elected government to enforce regulations that ensure transparency and equality of opportunity, prosecute corruption, ensure environmental sustainability, provide for the common defense and provide a basic social safety net for people who fall through the cracks. Either one without the other would be disastrous. Capitalism vs Socialism is a false dichotomy to keep the middle and working classes fighting over political idealism instead of coming together to find realistic solutions to problems created by the entities that contribute to and control BOTH parties. The political divide in this country is not an accident. They intentionally keep us fighting among ourselves about abortion and transgender athletics (and this stupid capitalism/socialism false dichotomy) so we don't pay attention to how we're being exploited by federal monetary policy and the military/industrial (and prison/global banking & finance) complex.

@mustang607

2 жыл бұрын

I work a job I mostly enjoy and get paid well for it. Businesses competed to give me the type of job I wanted due to my good, honest and intelligent work history. It took over twenty years to get here.

@chasl3645

2 жыл бұрын

@@wulf67 And the granddaddy. The educational complex.

@kylecasey7890

2 жыл бұрын

@@wulf67 🛎 🛎 🛎

@oxybenzol9254

2 жыл бұрын

Absolute socialism leads to dictatorship. That's why you can be capitalist in this system. Absolute capitalism leads to feudalism. Sure socialism still exists cos families exist. But being a serf isn't any better as to live in a dictatorship.

So, how did the student learn capitalism never fails? All I heard was the instructor saying, "no, no, no" and that it never fails.

@dalton8281

23 күн бұрын

This is a short. In the actual video he gives a full detailed explanation.

Yes yes we’re not failing! Forget about the world burning and sea levels eating out coastlines. Forget about deforestation and mass extinctions of species. LOOK at our profit margins! This is the best quarter yet!

@rotcaka

Жыл бұрын

I think the professor says the problem is "state-ism" ... Did anyone else catch that last part?? I agree with your sentiment, and also wonder if the professor might as well ...

@alondvorkin2762

Жыл бұрын

@@rotcaka And, huh... who lobbies and controls those states like puppets on a string? Could it be the private CAPITALIST companies?

@louisthewetpussy8748

Жыл бұрын

Bro comunists singlehandedly in just 20 years caused the vast aral sea to dry out. You don't have a point exploitation is a human feature and communists are especially not exempt in participating in it.

@Xcvbn3355

Жыл бұрын

Bro these all got caused due to government involvement! The prof already told uts the Stateism!!

@alondvorkin2762

Жыл бұрын

@@Xcvbn3355 Too bad he's lying and it's actually the mega-corporations, as is clear to anyone who is intellectually honest

What this kid should have said was How can the capitalist model work on a planet with Finite resources ?

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

@hobomike6935

Жыл бұрын

Really well… for the guys on top of the heap

@shootingshitaustralia4036

11 ай бұрын

The universe itself is finite nothing lasts forever. Capitalism will end when the universe dies.

@Commissar_4735

11 ай бұрын

Well socialism can fixed easy just the introduction of long lasting products

@MP-ut6eb

10 ай бұрын

​@@hobomike6935yeah and since it's a pyramid...the people on the lowest floors are 3 th world countries where the uncle sem goes corrupts or put it's man to steal stuff

He right about capitalism. China didn’t take off until it accepted capitalist ideas in its market!

@cristofjulun1265

2 жыл бұрын

You will agree China took off by adopting capitalistic practices that suited them while still remaining an authoritarian government that practices de facto enslavement of workers, yes?

@dirtpower6714

2 жыл бұрын

@@cristofjulun1265 wanna hear a juicy conspiracy?

@cristofjulun1265

2 жыл бұрын

@@dirtpower6714 no thank you. I avoid conspiracies, even the ones that are true. But thank you for responding to my post. Have a good day and life.

@andyc3012

2 жыл бұрын

@@cristofjulun1265 US has "slave workers" too. 400,000 was the number. Remember the forrest fire fighters getting $1?

@cristofjulun1265

2 жыл бұрын

@@andyc3012 I agree with you. The present penal system we have in the US is a loophole for enslavement as written in the 13th amendment. It’s why there are so many people incarcerated in the US, because we are still a nation that enslaves people. But “yay capitalism”…

Capitalism never fails, then why cant I buy a house?

@_PanchoVilla

10 ай бұрын

Because you will own nothing and be happy. Now eat ze bugs.

@Rukiman_no16

26 күн бұрын

Because you have no money? Where does capitalism enter the picture? You being broke has something to do with the system? Or you want a house for free? Or you either think you deserve a house, which I don't know who told you that, but was lying.

@bappadapdapper185

25 күн бұрын

@@Rukiman_no16 bro shut yo stupid ass up, hard-working people ain't making living wages cuz of greedy capitalists.

@dalton8281

23 күн бұрын

Because we live in the least capitalist period of the past 3 centuries

@bappadapdapper185

23 күн бұрын

@dalton8281 money can buy politics, so maybe you're right, capitalism has leveled up into feudalism

But boom bust cycles... Exist... As a result of capitalism.

there is no evidence capitalism fails , except 30 trillion dollar debt were in right now 🤣

@bluelunarmonkeytarot8533

2 жыл бұрын

cause we dont really have capitalism right now. all that debt due to socialist policies and the democrat socialists spending billions of dollars everytime they turn around!

@tempejkl

Жыл бұрын

@@bluelunarmonkeytarot8533Democrats are capitalist. Anyway, more republican governments have deficits than democrat ones.

In order for Capitalism to work, you have to work

@YouHaveAnApeHead

Жыл бұрын

No, it's get exploited and live in poverty or die. No other choice now.

@hobomike6935

Жыл бұрын

@@YouHaveAnApeHeadnot _or_ die, _and_ die. You work all waking hours of the day until you die. To make someone _else_ rich. Someone you will never even meet. This holds true for both systems. only difference between capitalism and communism is in capitalism, you get to choose the rich person you work for, while in communism everyone works to make the communist party that is controlling the government rich. …in the end, death and taxes are the only 2 certainties in life, and death is the only escape. The wealthy have tried for years to circumvent death or extend the life of humans to extract more wealth out of them for longer, and have succeeded; instead of living until your 30s or 40s, people now live until their 60s and 70s (except in undeveloped countries) and must work for far, far longer; instead of working from 8-10 years old until you die, you now work from 15-16 years old until you die around 70 or 80; you *might* be able to retire if you’re lucky, but the economy is such now that this is no longer really an option and you’ll still die in poverty if you try.

@toaster2428

10 ай бұрын

No one works under capitalism it’s only toiling

@whodarboilebamnames3990

7 ай бұрын

​@@YouHaveAnApeHeadYes? What do you think happens if nobody works in any system? Everybody dies.

@YouHaveAnApeHead

7 ай бұрын

@@whodarboilebamnames3990 You miss the point. People with masters degrees are forced to work a 9-5 job to put food on the table and pay rent. Other people have to choose between medication or food every week. If any of these people try to " make it big " they will simply starve on the streets. You do not make one billion dollars, you do not make even 10 million. That position is a very privileged one, and is basically decided from when you are born. Capitalism only works for the privileged few, we need to abolish this system of exploitation and replace it with a system that benefits everyone.

My issue with capitalism is that once people and companies succeed in the system they use their wealth to fund governments to pass laws to crush competition to ensure they can never be dethroned. Capitalism leads to socialism. If we could stop human corruption of governments then capitalism is the best form of society. But idk how to stop politics being influenced by money

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

@somerandomboibackup6086

Жыл бұрын

we have anti trust policies for reasons. Not perfect but better than nothing

@taserface5655

10 ай бұрын

That’s Cronyism, not Capitalism. Cronyism is a corrupt offshoot of Capitalism and only happens when governments and markets mix. I’m not very sure of a foolproof solution to keeping the two separate other than just straight up anarchy which, personally, I’m not a big fan of.

@Ignatiusussy

10 ай бұрын

@taserface5655​ Cronyism's when the market runs the government. A mix of state and market is just Protectionism and is what allowed the rich countries to get rich. No country in the world got rich with the free market. None. All the world's supereconomies relied on restricted import, subsidies, bail-outs, etc. to mature and grow, before adopting the free market. Those same countries that got rich with protectionism are now forcing currently developing countries to adopt the free market, which almost halted their growth since the 60s and 70s.

“Sir…sir…sir, with all due respect. Socialism will work this time if we just look at history.” 🤣🤣🤣

@alexandercane7332

2 жыл бұрын

Amazing how a persons faith is strong enough to deny the reality of things

@Diseaseisreversible

2 жыл бұрын

@@alexandercane7332 if you believe it you can achieve it. Anything is possible to the one who believes. Pray and it will be given to you

@alexandercane7332

2 жыл бұрын

@@Diseaseisreversible wasn’t meaning toward the reality of things being of total impotence of the human will, just that the absolute belief your right is sufficient for them to deny the implausibility of socialism at the scale of a country in any period of history

@Diseaseisreversible

2 жыл бұрын

@@alexandercane7332 you're right. Some people just believe that anything is possible as long as you believe it is in all I'm saying. And I believe that too. Socialism will not work unless we all work together. That means tweakers included. With our state of homelessness, people abusing the system, taxpayers dollars being wasted on pointless agendas, and just the lack of working class people in general makes it very difficult for this utopian society to be achieved. Once everyone works together and lives to love one another, then maybe we can make this a better world and achieve a true utopian system that can work.

@Diseaseisreversible

2 жыл бұрын

@@alexandercane7332 how long before that is possible? God only knows. Time will tell and His will be done on earth, as it is in heaven🙏

If it wasn't for capitalism I wouldn't have what I need and what I make my living off which is all thrown away by someone else and refurbished by me. It also allows me to donate to people in need like the 56 window ACs last summer or the 7 snowblowers so far this winter. As long as my few bills are covered I really don't care about money as it's becoming more and more worthless by the day. Skills is something that can never be taken but entitled people that think they're owed something can't grasp that. Be homeless for a few years and get back to me. No latest iPhone or seven dollar lattes there.

@RoyArrowood

2 жыл бұрын

If you're really giving people window ACs then that's awesome dude. Good for you for helping people out. That said don't be afraid to make money too. Sounds like you could be being a little too generous. Store up some nuts for the winter for yourself. You sound like a good dude though. Keep up the good work

@gadgetsage

2 жыл бұрын

@Nicholas Time how old are you?

@mdredheadguy1979

2 жыл бұрын

Well said and well done my friend!

@joey-bk1sr

2 жыл бұрын

lmao this exact same thing would be possible under socialism except you wouldn’t be able to donate those ac units or snowblowers because the people who needed them in the first place would already have them

@tihspidtherekciltilc5469

2 жыл бұрын

@@joey-bk1sr Young huh?

⭐️ The challenge we face today is the bad guys have the microphone, and so lies are spread , and truth is censored.

@stevesutton5498

2 жыл бұрын

Obviously, colleges,and nutty professors!

Capitalism has lifted hundreds of millions of people out of poverty in the past 20 years. The more, the better.

@talongreenlee7704

2 жыл бұрын

Capitalism has lifted more people out of poverty in the past 15 years than have been lifted out of poverty in the entirety of the rest of human existence. I think that puts it into proper perspective.

@kskip4242

2 жыл бұрын

You sure about that? Then why do we have so much poverty still in this so called great capitalistic country? I mean we've lived by this system so many years now but just look at how much inequality we still have. And don't give me that s*** that everybody has equal opportunity cuz that's a crock of s*** I will prove you wrong if you want to try to start that crap. I'll be waiting for your brainwashed answer..

@durnhand9524

2 жыл бұрын

@@kskip4242 i find it funny that you started talking about poverty, then switched to inequality...they are not the same thing you dolt!

@FeelMetalMan

2 жыл бұрын

@@kskip4242 why does Ireland have a gini coefficient of 31 with a 80k $ gdp per capita being far more capitalistic than the USA? Some questions have a lot more to do with statism than capitalism

@anirprasadd

2 жыл бұрын

@@kskip4242 Alright. Can you please tell us which country you live in?? I can try to give you a fair explanation. Do you by any chance live in the US?

A trip to Cuba will change their minds for good.

@ryanleggett8973

2 жыл бұрын

You mean the country where 9 in 10 people approve of socialism? Yeahhhh…that’ll show em!

@edguitarstanleyeisen6179

2 жыл бұрын

@@ryanleggett8973 2 million exiled out of a population of 11 millions, a quarter million lost at sea trying to escape and millions more wanting to leave but not having the means, yeah your math seems logic. I lived there for 35 years btw, si I hope u come up with something real and not just propaganda

@ryanleggett8973

2 жыл бұрын

@@edguitarstanleyeisen6179 it’s actually one million and it’s been happening over 60 years now so a million people isn’t that much. America is to blame for so many of the hardships of the Cubans. By crushing them with restrictions and sanctions while infiltrating and trying to overthrow their government. That’s after they already seized and sold much of their resources themselves. Most of your reply I can’t really make sense of but I can tell you the fact that you lived there makes you no more an authority on Cuba than any American on the USA. There are literally thousands of differing opinions, leading to tens of millions of people who are just wrong.

@edguitarstanleyeisen6179

2 жыл бұрын

@@ryanleggett8973 Socialism does not work, and blaming US sanctions for their failures is a poor excuse. I never saw a marine there preventing the soil to produce, yet they haven't figured out, in a tropical island how to bring a single fruit to the mouth of the people, 62 years and counting. A huge sland that can't provide fish, lol. You are one of those millions wrong; u haven't lived there so shut up.

@aaronyepez6148

2 жыл бұрын

@@ryanleggett8973 here’s a joke for you Person not living in socialism: “so how’s socialism?” Person living in socialism: “oh you know, I can’t complain.”

SOCIALISM DOES’T WORK BECAUSE PEOPLE LIKE TO OWN THINGS. ~Frank Zappa

@rollinginthedeep6900

2 жыл бұрын

I hate when people use the excuse that they can, for example, teach a class of kindergarteners to "stage a socialist revolution" as proof that socialism is "natural." .............you know what else children naturally do?????? fight over toys, hit each other, call each other names, etc etc etc. cooperation is as natural as is dissent, and capitalism is a system that much much much more broadly allows for dissent. I agree with what the professor says here is the reason why so many economies become so unwieldy is not because if capitalism, but because of politicians who try to use capitalism or crises in capitalism in order to get elected (thomas sowell has an amazing book on how progressives caused the financial crisis in 2008)

@andyc3012

2 жыл бұрын

@@rollinginthedeep6900 children are conditioned. -.-

@denverlilly3669

2 жыл бұрын

@@rollinginthedeep6900 How did progressives cause that???

@denverlilly3669

2 жыл бұрын

People do own things in socialism.

@lm5085

2 жыл бұрын

@Denver Lilly not much. Taxes and prices are very high. Example is Denmark where your tax is 55% of your income. They say in Denmark if you can afford to buy a car the taxes are so high that when you buy a car your taxed so much that the government buys 2 cars. Taxation is the root cause. Tax people to death and they can not afford luxury items or if they do it either taxed heavy or black marketed.

Now that, ladies and gentlemen, is irony

@slimwagz946

2 жыл бұрын

The definition of Irony is a statist calling an anarchist a threat lol

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

I think it is so important to always question what we are doing. Just because it is all we have ever known doesn’t necessarily mean that it is the best way. I applaud this young man for at least questioning the system and continue to critically think about what is going on. Capitalism works. For some. Not all. Keep looking for a better way. It may not be socialism but some new way that will be revealed by a critical thinker.

@sasho_b.

Жыл бұрын

Capitalism works when unions dont. Ask yourself where the cobalt for overpriced iphones comes from and compare how cheap it is to how expensive products 1st world countries export. Learn about capitalism, what it is in the fundamental - the works of adam smith, father of capitalism; what communism is straight form the horse's mouth - the communist manifesto by marx. Compare. If you dont like either, make a composite or something else entirely, but define it well or else its useless. One of the systems above has starved millions without need, now the question is which?

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

@R.P.McMurphy

8 ай бұрын

Not to be disrespectful but to me this is like when somebody makes an awful movie, for example, and then pat themselves on the back because "not anyone can make a movie". Yes, most people don't even attempt to think critically, but the dumb teen who just does the attempt alone and becomes an idealist, I think does more harm to society than the dumb tik-tok kid who doesn't even try. To be fair, if I had to applaud him for something is having the balls to speak out his opinion and confront the teacher.

This isn’t WHY capitalism supposedly never fails. This is just someone making a claim that capitalism repeatedly fails, and someone else making a claim that capitalism doesn’t fail. Although they claim that they can demonstrate this with evidence by looking at historical crises, they do not do this. This isn’t showing anything, it’s just making claims. I understand that there isn’t really room to go into all of the details in a short, but I think a full video discussing the video would be beneficial to the discussion. Currently, this video just serves to reinforce people’s opinions rather than generating meaningful discussion. Socialists will see this video and think “That guy doesn’t know what he’s talking about, capitalism clearly causes crises”. Capitalists will see this video and think “That student is too naive and doesn’t know why socialism never works”. This video doesn’t really accomplish anything.

Yeah you are so correct Those kids in Africa slaved away by Nestle aren't working hard enough. Capitalism never fails 1929😆

@somerandomboibackup6086

Жыл бұрын

hardship ain't failing

@Ignatiusussy

10 ай бұрын

@@somerandomboibackup6086 30 years of slavery in a cobalt mine while your boss has more money than your continent is really a great success of the capitalist system. 10/10 would recommend

@somerandomboibackup6086

10 ай бұрын

@@Ignatiusussy are you stuck in the 1900s? That era was awful I admit

@Ignatiusussy

10 ай бұрын

@@somerandomboibackup6086 No brother, this is today. As well as the Arabs luring Hindus with good work contracts before taking away their passports and forcing them to work for cents. Sometimes you have to look outside of your bubble of prosperity.

@somerandomboibackup6086

10 ай бұрын

@@Ignatiusussy thanks for revealing you're Indian or pro-Indian buddy. You could have just said "Arabs luring Indian" but you chose to say "Arabs luring Hindus" proving you're Indian. And what does that have to do with anything? Literally everyone is condemning those Qatari contractors lmao. "Sometimes you have to look outside of your bubble of prosperity." Hard to say that when you're not prosperous, yet. Have a nice day

Yes, capitalism never fails. It continues to keep the rich very rich, and the poor very poor. That is the goal. Every once in a while, someone from the bottom (upper middle class) rises to the top ( tesla guy, amazon guy, microsoft guy) to keep the illusion of mobility alive, while keeping the working class down and dreaming. It works wonderfully, and almost flawlessly.

@bobinthewest8559

2 жыл бұрын

The problem is... we (USA) are not actually operating by way of capitalism. What we have here is crony capitalism. Big difference...

@dcrenshaw42

2 жыл бұрын

@@bobinthewest8559 either way you look at it, the system needs some changes, but never will because those in control benefit from the current system. Right, left, politicians and busnessmen, no matter who you vote for they don't really have the best interests of the people on their minds. But whats our options? Vote for the most educated poor people we can find? They just get drowned in the money from the candidate supported by the system. Its a never ending cycle. Then they say " but the poor people here have it better than poor people in other nations", which isnt 100% true, but its just close enough to sway enough poor voters to continue to support the current system. They keep the hope alive. "OBEY" "CONSUME". Ignorance is freedom.

“Socialism vs capitalism” is the most historically inaccurate battle ever devised. Please quit wasting y’all’s time with this shit and read Adam smith and Marx. “ Socialism” was never achieved by the soviets because a Stalinist dictatorship reigned rather than actually providing workers with a democratic society, while Adam smiths “capitalism” model had no monopolies and no rentier class; the complete opposite of today. Most people don’t discern between industrial or financial capitalism, and also ignore the totalitarian tendencies of the corporate owned state department. People also often ignore the 18th century classical economists and don’t even bother looking at the arguments made. Quit defending centralized bureaucratic systems and look for what would best work in a democracy. You’ll see what I’m talking about…

@tomster7574

2 жыл бұрын

Basic capitalism is the only thing that works because people are basic. For the most part. And the extreme selfish greedy tyrants always forever ruin it for the rest. Even in capitalism. No theory could ever compensate for that. They all fail. There will never be a utopia. Because human condition will always get in the way. By design.

@paytonirby4904

2 жыл бұрын

@@tomster7574 what form of capitalism are we talking about? Currently we’re in financial capitalism and have outsourced most of our labor and industry we gained during our industrial phase. Now we print money and send it it the 1% to buy and inflate FIRE sector assets rather than waste time creating industry and jobs.

Remember when college actually meant educated?? Seems so long ago.

@joeconklin9804

2 жыл бұрын

Education just means agreeing with your viewpoint?

@martinsoukup562

2 жыл бұрын

@@joeconklin9804 No

@bjtucker5

2 жыл бұрын

@@joeconklin9804 if it agrees with empirical data, yes

@gregorythompson5334

2 жыл бұрын

@@bjtucker5 then its not your viewpoint

@akirafelix3865

2 жыл бұрын

@@joeconklin9804 it means agreeing with reality.

I find it funny at the same time really annoying when you get young people who haven’t even finished ‘education’ telling adults with a vast amount of life experience how they should think. Surely if there’s a system in place, there must be a reason why it hasn’t been supplanted

@andyc3012

2 жыл бұрын

He isnt telling him -.- He is asking in a form of an accusation.

@andyc3012

2 жыл бұрын

This is a college setting, it is how the dicussion portion works.. And their is surely a reason, because we leave states to do their own thing.. we cannot just implements New York laws onto the whole country.. We do not all live in the same capitalist society.. we have different laws in different states.. Europe states has their own laws and history with capitalism too

@trubrewman

2 жыл бұрын

Those who think don't get annoyed.

@trubrewman

2 жыл бұрын

@Driftwood&Sagebrush worry about the slavery that still exists... Mostly in non capitalist countries...

@mdredheadguy1979

2 жыл бұрын

@Driftwood&Sagebrush Perhaps you should be more worried about the modern human slave trade that exist in EVERY COUNTRY AROUND THE WORLD, instead of getting your panties in a twist over something that happened more then two hundred years ago.

This professor is absolutely awesome. The idea that this student thinks that socialism is based on reason is a huge failure of the education system

@wobblyeye493

2 жыл бұрын

Those ideologies are not how countries are run. They are run through philosophies of usually a man ie Marxism ect. We are social people and we care about our communities and we all work for capital to afford things.

@jacobkemp7050

2 жыл бұрын

@Danny Armstrong So instead of fixing it you want to turn to socialism, which never works? Also don't use a European country as proof socialism works because if the US stopped pumping resources into Europe through the central banks and stopped loaning our military out to Europe their system would collapse. It's easy to be a socialist country when you get bailed out, don't have to worry about military spending, are the size of a small US state, and are homogenous.

@Thaco69

2 жыл бұрын

The idea that you think Yaarin Brooks is anything beyond a blind ideologue indicates a huge failure of the education system. The kid is young and naive, he'll grow out of it. The professor doesn't have the same excuse for his inane blind faith in the absurd idea of the invisible hand of the market

@beefsupreme4671

2 жыл бұрын

@@Thaco69 the fact that you made that argument on a phone means you are completely ignorant. To think someone could argue against Adam Smiths invisible hand is hilarious. Man you need to do a lot more reading

@bluelunarmonkeytarot8533

2 жыл бұрын

@Danny Armstrong lmfao so instead of just getting rid of the corrupt corporations and politicians and their sh*tty policies/regulations/laws lets just dismantle the whole system and start over with something that has failed time and time again!? no thanks!

The problem isn’t that capitalism hasn’t created wealth, joy or happiness…it definitively has. However it has also poisoned the world, since the industrial revolution, and that this can be the end of mankind as we know it. This is largely because capitalism doesn’t take into account the consequences of its actions, it takes input and output as the primary motivators; costs bs gains. It takes into account peoples greed rather than cooperation and mutualism, and the idea that people will suddenly work together when the world is dying when capitalism has extolled and engendered competition is laughable. Since climate change isn’t an enemy we can see and the only value is survival, people may choose making as much money until the end times over living longer but a little less rich.

@bobinthewest8559

2 жыл бұрын

Capitalism hasn’t “poisoned the world”. Capitalism is an economic system, nothing more... and when you keep “crony capitalism” out of the mix, and maintain a truly free market economy... everyone has equal opportunity for success. The problems you speak of... are more the results of the combination of: corruption within the legislative process, the lobbyists, etc... who allow corporations with enough money to throw around in the “right” places... to “relabel” the problems they cause as “externalities”, just so their bottom line looks better to their shareholders... instead of holding the corporations accountable for their messes, etc... This, combined with the fact that the majority of people... are “good little consumers”... spineless, mindless, barely sentient drones that only LOOK like human beings... content to believe what the television tells them to believe, to “think” what they are told they should think... and to rush out to buy whatever they are told they “simply must have”. The majority of people today most likely have never even heard, let alone understood, terms such as, “vote with your feet”, or, “vote with your dollar”. In a society populated by free, free thinking, critically thinking, conscientious and CONSCIOUS individuals... corporations who “poison the world”, would NEVER be able to remain in business... because when you discover that “corporation A” uses practices that are “bad for the world” in some way... you STOP BUYING THEIR PRODUCTS. The trouble is... this accomplishes nothing if 90 million other people continue to buy from that company (like the mindless zombies that they are). How many times have you heard something to the effect of, “Times are tough. I lost my job at the mom and pop business where I worked for 20 years... thank goodness I can at least buy crap for cheap at the Walmart.” ???

@jhinckle90

2 жыл бұрын

@@bobinthewest8559 are you going to ignore how many of these people who built the industrial complex also bribed and threatened and bullied their way into maintain and sustaining power. Your fee market capitalism doesn’t mean people will choose right. No, and you also mistake my point and think to speak about what my meaning and perspective is and define what im saying without engaging seriously in my point. We are animals and the reality is capitalism gives into our base instincts of wealth creation, taking by force or sheer will. And the goal of accruing wealth in this system isn’t about ethical consumption but on acquiring resources at all costs. You really on the charitable good will and even egocentric giving and the will of the people, and you will have people who do good and evil but don’t think of abstracts and things they feel don’t affect them in the short term

@jhinckle90

2 жыл бұрын

@@bobinthewest8559 you also act as if there hasn’t been a conflagration and conglomeration of products housed and sold by a lessening amount of those who warehouse and then distribute these goods like Amazon. Your solutions aren’t solutions because you are speaking on the ideal and im speaking on the real. Once you recognize that what we want and what we have our different maybe you’ll actually that brain of yours to actual see the world for what it is. People seeing is as 1s and 0s and outputs only in revenue, with everything else being secondary or tertiary

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

America used to practice capitalism until capitalism started practicing government, the 2008 bailouts and the 2020 pandemic relief is socialism for the poor and capitalism for the rich. Capitalism hasn't been practiced since before the 1970s.

@ryanleggett8973

2 жыл бұрын

You were so close…so close. The 2008 bailouts widely benefitted the rich by bailing out the banks so that they could repeat the cycle all over again which is part of what is happening to our housing markets today. When a poor person has no money they are homeless. When big corporations and banks have no money, they get bailed out big time. The socialism in this country is for the rich, the poor people are just considered consumers pawns for capitalism.

@ethanmoore9306

2 жыл бұрын

@@ryanleggett8973 socialized losses, privatized profits.

@ryanleggett8973

2 жыл бұрын

@@ethanmoore9306 fair enough but they caused the losses and we picked up the tab.

This comment section is a echo chamber

Ahh! The young minds with all the answers and none of the forethought.

@wjdyr6261

2 жыл бұрын

Or afterthought

@tomster7574

2 жыл бұрын

You got to give them the leeway that their entire lives have been only a socialist existence up until the moment they leave the nest and venture out on your own do they start understanding and appreciating capitalism. Mommy and daddy took care of them. And if Mommy and daddy took care of them properly they learn how to take care of themselves. But mommy and daddy only babysat them they only see the benefits of having everything handed to them without learning how those things got to them through mommy and daddy’s own capitalist ventures.

@wjdyr6261

2 жыл бұрын

@@tomster7574 I tell people and my kids that we're born into a microcosm of socialism called the family and from there we mature and learn to be self sufficient/reliant

@MichaelSHartman

2 жыл бұрын

Life experiences. Student Uppercrust has probably spent his entire protected life having things done, and bought for him. All he knows is what instructors have told him. He thinks he is smarter than everyone else, and knows more about what they need than they do. He believes when the time comes he will be at the top of the pyramid. Someone in his family will probably get him a nice job for him without merit, or effort by him. He doesn't accept the idea that people are self-interested, and greedy. The smarter the person, the more that person will gather resources, and power. Power brings abuse. Sending money through the government means an added bureaucratic cost. sorry I ramble.

@blackrifle3932

2 жыл бұрын

@@MichaelSHartman your rambling makes more sense than the demonrats lol Ramble on and maybe someone on the left will learn something. 🤙🏼

Neither system works when the people in charge are as corrupt as they are. Defenders of both systems always seem to overlook the massive corruption and greed by the “leaders.”

@mikolowiskamikolowiska4993

2 жыл бұрын

Can't be corrupt in a capitalist system

@guciowitomski3825

2 жыл бұрын

A system isn’t flawed, because humans are flawed. Your Logic is flawed though

@reedwright301

2 жыл бұрын

@@guciowitomski3825 I disagree, but would love to hear an explanation of your point.

@gadgetsage

2 жыл бұрын

Difference is, in communism you put the state in charge of EVERYTHING, and in that system it's just a matter of time (usually from the very beginning because communism was a Sham to begin with) before some greedy charismatic psychopathic asshole comes along and grabs power. So communism is doomed to fail, and my analysis is proven by history and communisms responsibility for over 100 million deaths.

@reedwright301

2 жыл бұрын

@@gadgetsage Hey, you don’t have to convince me that communism sucks. I believe it does. My point is that both systems of governance really suck. Corruption is part of being human therefore can never be eliminated. A government should be altruistic. It’s only goal should be the care of, protection for and tolerance to its citizens. Neither capitalism or communism achieves these goals. Capitalism has killed just as many souls as communism. It just kills more other people rather than it’s own people. Both systems are deadly because MAN is deadly.

I mean social security, credit scores for loans, medicaid medicare? Isn't that all socialism? I think in a democracy you have to have a decent mix of socialist programs and capitalism. You can vote your way into socialism but you gotta shoot your way out of it. Nothing is stopping you from taking a risk and getting an LLC or something and opening up a business. What you need to do is develop a marketable skill you enjoy and PERFECT it or nearly so enough to be able to take that skill to the market and perform. Look at the s&p 500, how many companies in the top 500 are still there? I think it's like 86 out of the 500 largest US companies are still there at the end of the year. Those 414 companies that fell off have been replaced with new ones on the list and the numbers will repeat time and time again. You have to try to succeed and in order to succeed you have to fail you have to fail to fix your problems in order to figure out how to succeed.

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

@tempejkl

Жыл бұрын

that’s not socialism, that’s social democracy

Capitalism: JuSt PuLl YoUrSeLf uP bY yOuR bOoTsTrApS 🥴

@Ignatiusussy

10 ай бұрын

@anonymoususer3402 If pointless statements like that are "self-improvement advice" then that fish should've really never gotten out of that ocean.

Isn't there supposed to be no interference from the state in capitalism?

@calysagora3615

2 жыл бұрын

Yep. As Yaron said, what we have predominantly is statism.

@AhrkFinTey

2 жыл бұрын

Capitalism is when people are able to own the labor of others on a large scale, via workers relinquishing control over their own labor in exchange to access to the means of production. We are indeed capitalist

@TheSageDad

2 жыл бұрын

@@AhrkFinTey Wrong. Nice try.

@AhrkFinTey

2 жыл бұрын

@@TheSageDad what do you mean. when socialists say that we oppose capitalism, it is specifically this mechanism which is being opposed. it is the defining feature of capitalism

@TheSageDad

2 жыл бұрын

@@AhrkFinTey Maybe I'm misreading you. But in capitalism, nobody "owns someone else's labor." Individuals voluntarily exchange their labor, in trade, for compensation that they agree is of what they value it to be. That's the defining feature of capitalism. Labor is not exchanged for "access to the means of production." Investors provide means of production to voluntary labor for use in generation of value.

it's really annoying how these little children think they have the knowledge and wisdom to tell an actual, experienced expert that he's wrong. capitalism hasn't failed, but academia has

@ryanleggett8973

2 жыл бұрын

Yeah what a little 💩, wanting a system that benefits people equally 🤦‍♂️ the audacity!!!

@robertcooney1938

2 жыл бұрын

However, open dialogue in a respectful way is a good thing. This is how people learn. You just have to be willing to admit you're wrong when you're wrong. Today's youth have become very narcissistic and many can't admit they are wrong. This system isn't perfect, but it is better than Socialism. You NEVER will see an American fleeing on raft or walking hundreds of miles to escape Capitalism but thousands, well including the 20th century, millions of people fleeing countries with Marxist regimes to free market capitalist countries.

@sirloin9348

2 жыл бұрын

@@robertcooney1938 100%! productive dialogue is likely the most effective. modern academia has failed to draw the distinction between productive and counter-productive conversation. Admitting that and having awareness of being wrong is a fundamental component of learning. College should be a place where one enters with the expectation of having their ideas challenged and even destroyed, ideally leaving the truth as a remainder. We are so blessed to live in a place and time that is so safe, comfortable, and free. Our system has its flaws, but socialism itself is a flaw. if only these kids could realize how good they have it and seek to augment society instead of uprooting it or trying to make an impossible shift toward socialism. narcissism is a plague in the West. we've become too comfortable and now the historic cycle of tearing that away has begun. "The Life Cycle of an Empire and Nations" does a really good job of outlining the phases all major societies have gone through since the Akkadians. It's kind of scary how all of them follow the same pattern, rising and falling in a formulaic fashion. We're currently in the gray area between the penultimate and final stage. Rampant narcissism, decadence, and sexual dysphoria are some of the most prominent red flags that signal the downfall. The apostle Paul also succinctly lists all the red flags of downfall in the last part of Romans 1

@sirloin9348

2 жыл бұрын

@@ryanleggett8973 I certainly hope you're trolling. open up a world history book and see how beneficial socialism is

@ryanleggett8973

2 жыл бұрын

@@sirloin9348 first off, what are your main issues with socialism? Did you know the vast majority of people in socialist countries approve of the system? Do you know about America’s influence in foreign countries such as Cuba which directly led them to socialism? If not, you should really look into it.

i'm wondering..do they even think what they are going to say about capitalism or socialism?

@hyperreal

2 жыл бұрын

Its the result of public education. Most are no longer taught how to think, but what to think.

@DoktorTeeth

2 жыл бұрын

@Solitaire that was a dying monarchy not true capitalism in any sense of the word. use your brain and think before you say that under any form of a monarchy could it be called capitalism

@wulf67

2 жыл бұрын

@@hyperreal Yes, a population of uneducated people left to their own superstitions and conspiracy theories is definitely the answer!

@QuoteFarm

2 жыл бұрын

@Solitaire the only true capitalism in history is the one that emerged in 1776. It created the biggest superpower the world has ever known.

@QuoteFarm

2 жыл бұрын

@Solitaire that was the government and this is nothing unusual. Governments are know for committing atrocities. With more power through socialism/communism we'll see more atrocities. That's why socialism/communism is always terrible.

Literally every single socialist revolution disproves the idea that capitalism never fails, even the failed revolutions. Why would people revolt if there is no reason to do so, if the system never fails?

@bruhtnt4258

2 күн бұрын

Why can’t we create an ideology by combining the good points of both socialism and capitalism?

He’s absolutely correct. Capitalism never fails those it’s designed to benefit. The secret is knowing who those people are, but more importantly,,,, who those people aren’t. Most don’t win because most aren’t supposed to by design.

Does he simply not believe in market failure?

We literally have Thanksgiving the celebration of the end of Socialism in America that claimed so many lives.

Capitalism never fails!……………….because we only judge failure based on the economy and not the human suffering it can cause………..

@LukasMatejka-du5hb

8 ай бұрын

yeah, but socialism provided its people with BOTH suffering and shitty economy..... if it wasn't so, why would every socialist regime fall apart historically ?

@bruhtnt4258

2 күн бұрын

@@LukasMatejka-du5hb Because socialism in theory is great👍. But it goes against how society works. Society is built upon the fact people have personal belongings. But in socialism people don’t, everything is shared by everyone, that’s why socialism won’t work. Socialism though great in theory, creates too many problems because it goes against how society works. And then it creates too many problems. It’s an awesome and great concept but unfortunately can’t be achieved.

I believe, get a damn job and take care of yourself. DON'T expect others to take care of you. STOP being jealous of others who have more.

@denverlilly3669

2 жыл бұрын

I'm not jealous, I only desire what I need and the little amount I want. I just expect those with the means to benefit mankind, to do so.

@lm5085

2 жыл бұрын

Jealous of what others have is actually a good thing. In capitalism, it means you will want to purchase or own something the other guy has that you want. And having repeat customers for a product is a good thing as well. It gives the citizen also freedoms to choose. Example would be a cellphone. In the US we have a wide choice to purchase and various price ranges. In other markets you get less choices of manufacturers and less choice of various models and not a government owned cell system or phones. In other words capitalism give the people more choices, a greater variety, and a chance to profit more so than any other form of economy. And it gives you buying power and sense of actual ownership.

@supremecaffeine2633

2 жыл бұрын

@Nicholas Time Capitalism is when the citizens control the markets. Almost no government intervention is needed.

@marihanderkhan5663

2 жыл бұрын

Everyone who works a full time job SHOULD be able to afford a place to live, 3 meals a day and some luxeries like internet, a phone and clothing without having to live in debt

@jovialdemonn

Жыл бұрын

Also you're the type of person to blame a homeless person for being "lazy" rather than blaming this corrupt system that oppresses all of us

I lifted myself out of poverty with capitalism. My siblings still live in poverty with their socialism. Cant tell stubborn people anything.

@YouHaveAnApeHead

Жыл бұрын

Capitalism is the reason they live in poverty.

@dreambig7081

Жыл бұрын

@@YouHaveAnApeHead that's a lie. The poorest countries in the world have no capitalism at all. The government controls everything and is the sole reason the people are poor. You've already given up and are doomed for failure.

@YouHaveAnApeHead

Жыл бұрын

@@dreambig7081 🤦‍♂️ When you don't read the comment.

@dreambig7081

Жыл бұрын

@@YouHaveAnApeHead you sound like one of my relatives..

They all think they’ll be the organizers rather than the organized.

"Giving up on human reason". If we did what this student wanted we would he living just like Apes. That is especially what Apes do. No mattsr which way you look at it. We will start out living life Apes, or we will eventually end up living like apes. It's not just a step back, it is litterally life starting over from scratch which means all the progress we've made will go down the shittet.

It depends on what type of capitalism we're talkin about as well as what kind of socialism

@officialzelensky

Жыл бұрын

we don’t even live in capitalism right now

@tempejkl

Жыл бұрын

@@officialzelenskywe literally do

@officialzelensky

Жыл бұрын

@@tempejkl define capitalism

@tempejkl

Жыл бұрын

@@officialzelensky When the means of productions are owned privately by the bourgeois class.

"Capitalism = the world economy" gosh I didn't realise there were so many pro-capitalist governments out there.

@Shozb0t

2 жыл бұрын

There aren’t, really. Many countries allow some capitalism but no country allows full capitalism. These countries have a mixed economy.

@mustang607

2 жыл бұрын

Yaron mentioned the "sluggish economy of the world", which is driven by statism.

@wasted828

2 жыл бұрын

capitalism requires a government to function, they are the weapon of the worlds elite. without the state to be the strong arm in negations between labourer and capital owners the labourers would seize all power. the us government has multiple times used military forces to break up strikes during the labour movement in the early 20th century (battle of blair mountain, the pullman strikes, Colorado Labor Wars , ect.) the US elite also buy out entire governments/fund coups/fund authoritarian+genocidal dictators/commits false flag attacks/engages in propaganda all to keep relatively cheap supply chains and resource access. we've done it as recent as 2019 in bolivia (for access to lithium that goes towards iphones and teslas), and as far back as the banana republics.

@AhrkFinTey

2 жыл бұрын

@@Shozb0t most countries allow and encourage a system by which the wealthy and powerful gain control of the labor of workers via the former's ownership of means of production. this system is in fact capitalism, no matter how many social programs they happen to throw into the mix

@Shozb0t

2 жыл бұрын

@@AhrkFinTey This is assuming that we have a market-based economy. How wealthy do you want the average worker to be? How wealthy do you want the business owner to be? Why is it important? How much freedom do you want the workers to have and how much freedom do you want the business owners to have? Why is it important?

Capitalism with a small "c" works. Capitalism as we have it is a global oligarchy. "The merchant has no country, his sole loyalty is to the source of his profit." Thomas Jefferson

Idk if people in the comments know the difference between communism and socialism and how America was whenever monopolies were legal

How about the booger eater in the back 🤔 🤣🤣🤣🤮

Yeah.. like an 18 yo who is JUST starting his life, is going to tell the rest of history that he has all the answers...

As long as there is money, capitalism will never fail. It's the whole society falling apart around it that worries me the most...

I think greed should not be allowed in capitalism.

The old man didn't prove anything! He just made assertions he can't back up with facts.

I've tried and tried to reason with folk like that and it becomes a total waste of time because no matter how often you try to explain to them what defines capitalism, of course, being individualism and the free market, they desperately try to correlate capitalism with the state. They never learn. To many of them, they have as much as a religious cultist support for socialism as they do of hating capitalism, emotionally driven and not by reason.

@marihanderkhan5663

2 жыл бұрын

How are they correlating capitalism with the state? Most common socialist criticism of capitalism lay in its nature and big companies. Without a state that regulares things, companies will just do whatever they want to increase their profits, no matter how unethical the means are. (As seen in candy production, child slaves picking the cocoa, or the neoslavery in africa in general, overthrowing governments in central america, child labour in asian factories, firing/threatening unionizing workers and replacing them with cheaper third world labour etc.)

@Libertarianach_na_h-Alba

2 жыл бұрын

@@marihanderkhan5663 "without a state that regulates things companies will do whatever they want." = Rubbish, you're illustrative of my point. How can businesses just do whatever they want in the face of business reputation and competition they are up against? You think you can just do whatever you want and pay out dirt poor wages when your competition will offer better? Not a chance. And the competition WILL offer better, in fact, we've got recorded history there to show for it, it's called: the competitive labour market where competition has to compete for skilled labour, and to back such evidence, wages of skilled labour drove up, not down. So this crap spouting that they can just do whatever they like is utter nonsense. What can they do whatever they like? Put out dangerous products and damage their reputation and their reputation being damaged is not going to harm their business, is it not, really? Honestly, the utter shite your kind come out with.

@marihanderkhan5663

2 жыл бұрын

@@Libertarianach_na_h-Alba I have already given enough examples. All the things I have mentioned actually happened or are still happening. Theres laws in place that prevent the biggest companies in an industry from setting prices and wages together, stop one company from becoming a monopoly, in theory stop companies from using slavery (even tho they basically do in some african nations like the before mentioned chocolate companies, or just literally do use slaves in middle eastern nations. Do you know Tui? They do cruises and vacations. And also used to produce poisonous gas for Libya officially against insects, but obviously it was used against people. What would stop a company from just selling nukes to whatever person bids the most? What would stop companies from just buying up everything in an industry and becoming all powerful? Even with the state trying to support small business, they are already getting destroyed. What would stop the big companies from just lowering the wages of their bottom line more and more? You think the small amount of competition, if that even still exists in a world where nothing stops a company from completely taking over an industy, will be able to hire up the entire bottom 50%? We already see with huge companies like amazon how poorly they can treat their workers, while being so rich and powerful that they can still just affort do be much cheaper than the competition and people just not caring enough to stop shopping there. Same with the chocolate slaves. Same with the wage slaves in east asia etc. Oh and What will stop companies from just censoring all the bad things that they do?there arent any notable social media platforms made by small companies already, in an unregulated world the companies could easily just censor everything bad they do and replace it with beautiful green washing ads they love to produce. Im sorry but this world youre wishing for is just as ideallistic and naive as you claim the communists are.

@Libertarianach_na_h-Alba

2 жыл бұрын

​@@marihanderkhan5663 It doesn't make sense, you aren't even living in a capitalist economy, so when you're going on about things happening right now, what do you expect? It is a mixed economy, therefore, a corporatist system. You don't get to play the wee game of trying to conflate the two as if they are the same thing. You're right, there are laws in place prohibiting the market freely determining wages and prices, that's why your economy is fucked. I sit and laugh at that, the shit state of the job market where jobs are few and far between and inflation through the roof, yeah, we can see government has restricted those areas. Ah, the famous old monopoly myth again, despite the fact 100% of all monopolies throughout history have all stemmed as a result of government intervention in the economy and not as a result of the market. Probably a believer of the myth of the Robber Barons. The reason such an argument is irrational is because the government regulation you claim protects you from monopolies, was directly RESPONSIBLE for the creation of monopolies. Right, this word again, the word slavery, where socialists bastardise and abuse the meaning of the word. No, you don't get to change the definition of slavery I'm afraid. Choosing through consent to contractually agree to work for another company is not slavery, no matter HOW HARD you try to redefine what slavery is, it is not slavery. You do realise that in order for you to redefine slavery, you'd be abusing those who were genuine slaves; they literally had balls and chains around their ankles and all sorts. Oh God, how on earth can you turn to the socialist anti-capitalist African continent, countries that are so far removed from capitalism it is not even funny. Not even South Africa is anywhere near close to a capitalist system. But the irrational will continue on to label Nazi Germany as a capitalist system, so that's no surprise why someone like you would. Oh, you mean TUI, a German travel company, from a country that is anti-capitalist, yeah, sure. I love how you socialists pass off mixed economies as a capitalist system. Your argument on nukes ignores the fact that it isn't a one-way street, a free market would mean people have the right to defend themselves and where ALL wars have stemmed from has been a result of governments, not because of free and open markets. But I guess such historical facts don't matter, instead, we'll stare blindly past the fact that governments socialist protectionist tariffs resulted in countless wars, including the American Revolutionary War and the American Civil War. This argument again, the buying up everything and becoming too powerful, by the time the company has even tried to, it's put itself into masses amount of debt as each one it attempts to buy over becomes that every bit more expensive and because there is no barrier to entry into a free market, competition would wipe them out. The state trying to help small businesses hahahahaha! Sorry, I had to laugh at that one thing, the government doesn't help anything, not even government giving special-interest favours. Why is it you have this woeful image that all big business = evil and all small business = good? You do realise the real fraudsters of the late 19th century in American history were the small business people who knew they could not compete with their larger competitors because their larger competitors were too smart for them and way too efficient for them, yes? Yes. However, what stops them is the competitive labour market, you have to compete for skilled labour and there is greater quantity in demand than there is of skilled labour available, which is what drives the wages up. History backed that evidence. You're making baseless claims, nothing stops a company? Name one example of where such a thing happened in a free market. Good luck with that, I guarantee you like the book that's been read a billion times over you'll woefully turn to the likes of Microsoft, a company formed in a corporatist system and attempt to call that a monopoly. For your information, they weren't even a monopoly besides that point. You can talk about Amazon as you freely wish, I'm not saying that you won't get companies like that in a capitalist system, you would, but as a result of the absence of a capitalist system, opportunity is few and far between and when there is limited options for employees, it's no wonder when they don't have much competition up against them. This also contradicts your initial point because the entire private sector is over-regulated by the government, so by your logic, government intervention would have fixed such problems, did it? No. What has being rich and powerful got to do with anything? Nothing. The reason people shop there is because they benefit from the company in exchange. You can't fault them for that. Here we go again with the slavery word, anyone who calls slavery as something where someone goes through a job interview process have not got a clue what actual slavery is. In fact, it is an INSULT to people who were slaves. To be a slave means you are held against your will and FORCED into doing something. Do not sit there and lie that someone applying for a job is slavery, it isn't. Companies can certainly attempt to censor bad things they do, the funny thing is, your over-regulated banks did just that in the face of all that government regulation, they stored everything in offshore accounts. See, the problem with you socialists is, you don't understand that your controls don't work. It's like building the Berlin Wall, or the most totalitarian regime that ever existed and was still faced with black markets and why did black markets exist in the Soviet Union? Because, people will ALWAYS find a way around tyranny. See, that's the thing you control freaks have never learned and you never will learn your lesson on that. No matter HOW HARD you try to control people, people will ALWAYS, and I mean ALWAYS find ways around it. Always. Nobody said you would have an economy with 0% corruption and exploitation, that will ALWAYS exist, but if you were to compare a capitalist system to that of the economy you're living in today, there is a massive difference. See, when people like you spread this following lie, it does my nut in, you said: *_"there arent any notable social media platforms made by small companies already, in an unregulated world"_* See people who go around spouting that disgusting lie that we live in some "unregulated market" they can go do one, because there is NO greater lie than that, NONE! It's THE biggest lie that a socialist has EVER made, no question about it, it is THE biggest lie. Yeah, they can adverise as they freely wish, but when consumers are harmed, they will take the company to court and that is what happened in history in the 19th century and companies like that in that example WERE punished for it. It's not like the history isn't there to speak for itself. See, your "what ifs" are just scenarios, not giving any real world examples. In the real world, those companies were dealt with. This last comment is ridiculous, you say: *_"Im sorry but this world youre wishing for is just as ideallistic and naive as you claim the communists are."_* Really? How are you liking your unsustainable economy today as a result of opposing the free market? After all, you are more than $220+ trillion in debt plunging towards hyperinflation. There is nothing more ignorant than a person who not only associates monopolies with a capitalist system, but one who attempts to even dare in the face of economic history say that what I stand for is idealism. Real world history is NOT idealism, I understand the economic history, YOU don't!

@marihanderkhan5663

2 жыл бұрын

@@Libertarianach_na_h-Alba my sentance may have been wrong, English isnt my first language so sorry for that. I wasnt saying we live in an unregulated market, I was trying to say that despite living in an regulated market, we already only have big companies running social media, as it is a very expensive task. In an unregulated world it would especially be the case. I said it just in case youd go on to say "the competition will make a new, uncensored social media platform then, if the consumer demands it!" I specified it with the term wage-slave. I think atleast. And the one time I did use the regular word slave was when I used an example for old fashioned slavery. In poor Countries where the government doesnt regulate how companies need to treat their workers, the poor will work and live in conditions extremely similair to that of slaves, hell even the roman slaves were treated better more often. You see huge families living in the smallest of rooms advertised as the companies "employee residents". Taking away their passports sometimes. But that may not even be necessary as if they dont work for these shit companies, they'll just straight up starve to death. Also african Countries being socialist? Lmao where did you get that from? Angola maybe? The rest is all good old capitalist globalist free market. Good old western companies own everything there and control everything in the government (to be fair tho, governments also do their fair share of that, but it would happen without government nontheless). Also not everything the government does is socialist lol. Youre one of those people, I see. I dont necessarily think small business is innocent, I just used them as an example as most people on the right usually love small business and I thought youd be a "small business, patriot, trump" in bio kind of guy, sorry if I got that wrong. The ressources big companies have make their potential for causing harm in the world much bigger. Im not even for authoritarianism. Theres socialism with markets, theres socialism without markets, theres democratic socialism etc. I never even stated I was a socialist to begin with, I could be a pro government regulation capitalist for all you know.

The free market delivers every time.

I don't think its right to say "capitalism does not fail". Even if you protect rights, things can go wrong and there is never any guarantee of producing anything.

Not a very powerful clip by itself, just two people making opposite claims, no real reason to be convinced by either side here

@wulf67

2 жыл бұрын

Especially since the truth is in the middle. Black-and-white thinking, and personal/political/national/ethnic identification with one of these extremes, is what ultimately causes this kind of stupid exchange. Capitalism is a great economic system for the allocation and valuation of resources. "Socialism" describes a general social, political, and economic PHILOSOPHY from which hundreds of wildly different social, political, and/or economic systems have been proposed and/or implemented. Socialism arose out of the harsh reality that the so-called (but not yet observed in nature) "free" market can't be relied upon to solve all of society's problems, and is in fact itself responsible for quite a few of them. Capitalism is a filthy baby, no-doubt, conceived out of rape and violence. It will grow up just like its father and produce more of the same if not watched carefully and taught respect and compassion by a firm hand. Anyone with any intelligence at all can see that when left unchecked, capitalism inevitably leads to a disproportionate distribution of wealth (and therefore power) which leads to corruption and injustice. Any intelligent person can also see that utopian "socialist" solutions are doomed to lead to oppression and injustice as well, if not to outright authoritarian totalitarianism. The problem with capitalism is not that it's not a fair and efficient economic system. The problem is that initial ownership of capital was acquired relatively recently in history by means of theft, slavery, conquest, and genocide. It was born from injustice, and passed down to heirs who have used that capital to politically and economically exploit the rest of humanity to increase their wealth and power so that today 8 men (yes just 8) own as much wealth as the poorest HALF of the global population. The problem isn't capitalism; it's human corruption. You have that same common denominator in all political systems, and especially at the EXTREMES. Capitalism unchecked leads to more and more corruption and less and less economic and political freedom. Socialism without free markets and private ownership strips away autonomy and freedom, and leaves some other corrupt or inefficient system to allocate resources and distribute stores of value. We need an economic system that is based on and driven by the free market, but guided by a political system that is accountable to the people to ensure transparency, promote fairness and equality ( of opportunity and application of law, not of outcomes), with a goal of meeting at least the BASIC needs of humanity, and we need economic oversight to prepare for and mitigate the inevitable failures and crises caused by the invisible hand. It's like a helicopter. You need both a main rotor and a tail rotor to fly. Lose one of those and you'll go somewhere you don't want to be, real fast. We need to wash baby Capitalism real good, and send it to school, but we don't need to throw it out with the dirty bathwater.

@Theviewerdude

2 жыл бұрын

@@wulf67 most of that was TLDR but I can immediately tell you have a fucked up idea of how capitalism is defined. This "truth in the middle" you speak of is how the world already works. The developed world already functions at this "middle point". That's what a mixed market is. Capitalism with varying degrees of regulations and control over the economy, with maybe even some industries that are full blown socialist, IE run by the government like Canadian healthcare, or public utility companies like energy. I'm willing to bet most or all of the issues you think are the fault of a free market are actually characteristics of a mixed market economy. You cannot even properly define capitalism so you're not really able to make such statements accurately. "We need a system based on the free market but with checks and balances to keep it fair". Yes, that is called a mixed market system. Which is exactly what every developed country is, to varying degrees. It's not working very well. Respectfully, you are too ignorant on this topic to have valuable input. What you allude to with the "booms and busts" that you say are the result of the "invisible hand", is actually what's referred to as the Austrian Business Cycle Theory. Government intervention in the market, in the forms of things such as central banks manipulating interest rates, leads to malinvestment, which eventually leads to a correction, which we experience as a recession. Why do these central banks exist? They say they are supposed to regulate the market, keep it fair, and prevent recessions. Yet they are the cause of them. This is a similar story to every single feature of a mixed market. But the proposed good intentions are often a ruse, when you look at the results of such policies and who becomes rich and powerful, it's clear what the true intentions are, as one group consistently wins as a result of these failed policies. It seems that while you are able to recognize some of the flaws with a centrally planned economy, you still listen to the anti-capitalist propaganda from the same groups. So you hold views that are contradicting, but not in a very obvious way. Your view on the topic hasn't been fully formed yet.

@Theviewerdude

2 жыл бұрын

@@wulf67 also your point how "capitalism was born from theft" is pointless. That's human history. Fuedal monarchies and empires were born from one faction conquering the other. Socialist countries like the USSR came about after a violent and bloody revolution. Show me a single civilization that came about as a result of everyone joining hands and singing kumbaya. It doesn't exist. Even primitive tribes war and fight over land. Including the native Americans. Which still isn't accurate as you're using a fucked up definition of capitalism. Capitalism is the default state of voluntary exchange. It existed long before anyone ever called it that. When two people trade without any force or extortion involved, that is capitalism. If anything, the adoption of capitalism, even by a mixed market version of it, is a big reason why we don't see big nations warring with each other as much. Monarchies and empires fought over resources because if it wasn't in their land they didn't have access to it. It was in their best interests to take it by force. Now, we share our resources worldwide and it costs a lot less to simply trade for those resources rather than try to take them by force. Back in the days of kings and empires, trade happened between kingdoms that were of comparable military power. Weaker civilizations were simply absorbed by the likes of groups like the Romans. Today, many smaller countries don't even have standing militaries.

@ramprasath3346

2 жыл бұрын

That is why they provide you with the link of the full lecture.

Is that Ramsey Bolton?

Crisis after crisis after crisis -> failure after failure after failure. Advertisement is against pure form of capitalism; government bailing out private companies is against capitalism. A lot of things that are currently holding the economy together is diametrically opposed to capitalism. So, what I feel is, in order to keep saving capitalism, we’re intervening more and more, thereby proving that capitalism almost doesn’t exist (at least what capitalism envisioned).

The best system is a mix of some beliefs of socialism and capitalism such as free market and public health care

@CPCshill

Жыл бұрын

Public healthcare is not socialism and free markets are not exclusive to capitalism

@XS-03_Apollo

Жыл бұрын

Dengism is cringe

Keep the government at a minimum and people will thrive towards their dreams and personal goals that has benefited each generation.

@ryanleggett8973

2 жыл бұрын

Except for history has shown that deregulation just leads to businesses taking advantage of consumers and instead of reinvesting profits in the company, they put the excess profits into their salaries and stocks which only benefits them and their rich buddies.

@smudge1619

2 жыл бұрын

@@ryanleggett8973 Not true. Companies that still exist today that did back, say, in the 50's, have more than supported their fair share; they've literally raised generations of people providing them with middle-class livelihoods they might not have had otherwise. Regulation stifles innovation and growth. This isn't even debatable anymore watch Milton Freidman. The US exists as the wealthiest country on earth not because of its billionares...its because of our middle class having wages highest in the world despite the costs everyone complains about. Even our "poor" are filthy rich compared to allnothers on planet earth. It's getting tiring hearing envious statements about the rich hoarding "all the wealth". Without the intelligent, rich, and deregulated, we'd all still be banging two sticks together trying to make a fire to cook a dirt-smeared rat for dinner.

@ryanleggett8973

2 жыл бұрын

@@smudge1619 except it is true, for example the electric companies jacking up rates and billing people thousands after the Uri storm. This is just an example of the exploitation of large companies to regular citizens. How about the epi pen scandal or pharmaceutical companies in general where Americans have the highest prescription prices in the world. Maybe after you give some examples of how regulation stifles innovation and growth I can understand what you’re talking about.

@thereminpitchknob4059

2 жыл бұрын

Everyone complaining about "capitalism" on KZread can only do so because of capitalism. Without capitalism, social media would not exist.

@smudge1619

2 жыл бұрын

@@thereminpitchknob4059 That is a VERY good point. Great 10,000ft observation and so true. 👍

Is that Stewie all grown up arguing with the teacher

@elephantgrass631

2 жыл бұрын

Nope. Not grown up at all as per his point (or lack there of).

Capitalists the best always rises to the top socialists promotes the average Hah Hah Hah Hah Hah Hah Hah Hah Hah Hah Hah Hah Hah

Obesity levels in the US would prove a failing in capitalism aslo the health care the Americans use.

Capitalism only slows down when socialist's steps in.

@Commielover69

Жыл бұрын

Ah yes the economic recession of 2008 which was not cause by banks lending out money like it's candy?

It's funny watching 2 extremists argue

First you have to define socialism. In so many countries social democracy is democracy with a market economy and taxes which provide public services. Capitalism often fails ordinary people but never the rich.

People that think inequality has to do with capitalism can't explain why there was inequality before capitalism. People that think communism is better than capitalism understands neither.

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

@hbsupreme1499

Жыл бұрын

There was classism before

@HungryTacoBoy

Жыл бұрын

@@hbsupreme1499 Classist microorganisms.

What do you do when your dad is a socialist?

@generalsalami8875

2 жыл бұрын

You tell him to get an education

@TheActionj864

2 жыл бұрын

Tell him to give you his house

@solusgamer164

2 жыл бұрын

Get a job and tell your dad that money you've earned is evil capitalist money and that he shouldn't want any. Save up, invest, become a millionaire and then you can save your dad's ass when his socialism drives him to near starvation.

@thomass9997

2 жыл бұрын

He is very educated speaks 4 languages but is to empathetic I think.

@thomass9997

2 жыл бұрын

@@TheActionj864 hahahaha he is also cheap you know how those socialist be. They want to give away your money not there's

Well spoken lad, but I don't agree with him. Yaron, as usual, is on the money (oops, that sounds like a Capitalist comment...rrr).

Everytime capitalism has "failed" youll always find government responsible

Imagine in an alternate world where communism succeeds and propagandists would tell us how "Capitalism always fails, and Socialism always works, because Capitalism is the inevitable path towards one company dominating the entire world, where exploitation, starvation, and enslavement through wage cuts is absolutely normal and dominant" LMAOOOOOO

It's funny how ppl like this can only say these things in a capitalist country.

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

@tempejkl

Жыл бұрын

Yeah because no capitalist dictatorships have existed ever

I used to be a Communist... Then I grew up

The communist and socialist is the most narcissistic in any room

@sha9543

Жыл бұрын

if Capitalism is all that great, why is there a minimum wage, why are there rent controls, why are there Anti monopoly laws, why is there favoritism, why is there inequality, why is there discrimination? why are there government subsidies? why are there government bailouts? government bailout of banks is the most Anti capitalist thing a country can do, why are there stimulus checks why are there government programs like social security, why is there the concept of FDIC? Why is there overtime pay law why is there government housing and schooling and policing why are there public roads and transportation why are there interest rate controls why is the amount of money printed regulated controlling the amount of money a govt prints is the most xommunist thing a country can do

Thank you for the insight, C3-P0

@MetalDetroit

2 жыл бұрын

🤣

I wonder how he would feel if he didn't get a new Playstation or car when his Dad says " Sorry son I have to feed and clothe the neighbors kids."

@tempejkl

Жыл бұрын

that’s not socialism.

That accent sounds like a pretentious affectation. Do some Brits purposefully try to sound as snooty as possible the give false credibility to their lack of insight?

"capitalism never fails but crisis after crisis after crisis" lmao 😂

Reminds me of the south park where the know it all college hippies show up in town

That teacher is based af

Anyone else really surprised that it shows a professor not teaching socialism?

Why on Earth would a student tell his lecturer; "that's my accusation?"

You have to spent 1500$ for ambulance services while you got it for free

WHEN TAKE INCENTIVE TO WORK HARD ALL YOU GET IS WELFARE STATES. WELCOME TO AUSTRALIA

Of course capitalism never fails from an economic perspective , as this is it's exact goal. From a humanitarian perspective, though, it very often does. The mass exploitation of the poor in third world countries , the homeless people in our own western societies , the dehumanizing jobs many people have to work, in order to survive , the immense corruption, the huge amount of very poorly educated people and the massive inequalities are indisputable evidence of the failure of capitalism.

@LukasMatejka-du5hb

8 ай бұрын

go visit Cuba and when you come back, tell me how HUMANE that regime is to their people :D:D they drive 70 years old cars over there(and I don't mean some shiny veterans :D)

Capitalism and socialism are sides of the same coin and failing, sooner or later, the only way to survive is living onthe rim.

Statism? I would be interested to hear further. The us and their allies are moving closer to Chinese and Russian styled economics. Free market unless the state wants to interfere based on the wants of the ruling class aka too big to fail.

Life under Socialism I am worried because too many people, especially our youth, don't even have a clue as to what living under a socialism regime is like. The Socialist controlled everyone and everything. They couldn't even talked about Government You had to be careful of everything you said because if you said something against the government, you put your life at risk. Socialism control what you eat what you watch what you said! In some countries are so poor the people couldn't afford to drop any crumbs on the floor people didn't have enough to eat. Socialism control the hospital, they decide you live or die. They brainwashed the citizens with propaganda and changed the history of their country. Please Americans get educated first before you vote and damage your beloved country.

@bruhtnt4258

2 күн бұрын

Your beloved USA is already damaged without socialism

Ah the young socialist saying that if we just try this NEW socialism….sounds very familiar

for anyone interested in actually accurate points on socialism and why it "has always failed" check out hakim,he has tons of information and sources to explain why capitalism is an inherently flawed system, and why socialism has actually done what it promised given the circumstances.

Every socialist country was capitalist first. So capitalism has failed at least as often as socialism.

Capitalism is always going through some level of evolution. We can always do better. The state control of Communism failed in multiple countries. Socialism has mixed outcomes like Denmark vs. Venezuela.

@gadgetsage

2 жыл бұрын

I really don't get why people keep calling Venezuela socialist but since socialism is just the gateway drug to communism I guess it makes little difference.

@extremeresponsibility4325

2 жыл бұрын

@@gadgetsage Hello Gad. I agree. I have family and property in Venezuela. Since the late 90's the real story is how Chavez used democracy to consolidate power as a dictator. The social programs were essentially bribes and contributed to bankrupting the country.

@tempejkl

Жыл бұрын

Denmark isn’t socialist, and Venezuela failed due to oil crisis. Venezuela before the oil crisis tripled its wealth (because the oil profits were shared across the people)

Capitalism on a large national/global scale is the exploitation of resources which over the long term causes destruction on many different levels. Hence, the negative issues of global warming, wars, health care, and even domestic relations, all are directly or indirectly related to capitalism. Statism is because of nations who aren’t benefiting or are being exploited by larger capitalist nations want a larger share or presence or larger capitalist nations want to maintain the status quo and not allow other nations the ability to take more control of their capitalist destiny. Hence, wars are climbing higher and higher in the world. Not just physical wars, it’s ideology, it’s informational, it’s political, etc.

@mathieugervais501

2 жыл бұрын

I think u got i cover 😆

Capitalism has its roots in the Italian republics during the Renaissance. Capitalism and humanism created the modern world.

The only people who complain about the capatalism model are those that either cant or dont want to play the game Work hard get paid for it, sit on your ass.... starve, simple, effective and proven