Go to sponsr.is/cs_asianometry and use code ASIANOMETRY to save 25% off today. Thanks to Curiosity Stream for sponsoring today’s video.

@hugod2000

10 ай бұрын

Brilliant video. Thanks for posting.

@nomadhgnis9425

10 ай бұрын

I find it interesting that most capitalist countries moved off the gold standard towards fiat currency. They build their value on debt. There is a limit to debt. I find it ironic that the very russia is backing their currency by gold which has actual value. Backing a currency by gold has always made a nation strong. Lets see how all of this plays out.

@nomadhgnis9425

10 ай бұрын

universal basic income is the socialist dream. That is coming after the destroy capitalism.

@erikue832

10 ай бұрын

Great job getting a sponsorship!

@2tothe253

10 ай бұрын

3':51 Something wrong with the time here that I don't think you mean June but August. WWI did not really start until August (Yes, Austria-Hungary declared war on Serbia on July 28th, Russia mobilization on 30th but the rest of the belligerent European powers were not at war at the end of July).

When I was in school in the USSR (in the 70s) every time we'd get a new teacher it was traditional that one of the kids would ask "If we're Communist, why do we still use money?" And it was traditional that the teacher would respond "We're still in Socialism right now, when we achieve Communism we won't need money. Now sit down" LOL

@muha0644

10 ай бұрын

After Stalin, the idea of communism was abandoned. Khrushchev and all the goons after him didn't care anymore about constructing communism. Brezhnev's constitution was perhaps the last thing that sealed the fate of the USSR (probably not, though) There were still people that wanted communism (still today, even) but the ruling party didn't care anymore. It was about survival.

@toddmarshall7573

10 ай бұрын

When I was in school in the USA (in the 50's) they said communism was the best system. It just hadn't been done right yet. They also said it could only work if the whole world was communist. Care to know who "they" were? We are far more communist now than the communists were then.

@java4653

10 ай бұрын

​@@muha0644 Sure, that happened.

@jonnyd9351

10 ай бұрын

@@muha0644 Of course it was abandoned, the whole country had lived through the Party’s attempts and no amount of propaganda could wipe those memories.

@muha0644

10 ай бұрын

@@jonnyd9351 So how do you explain that the people did not like the revisionism? Your source is "i made it up"

Old Soviet joke: “We pretend to work and they pretend to pay us”

@omidnamadi9262

8 ай бұрын

😂😂

@charlesduncan2051

7 ай бұрын

I'm sure that joke went a thousand different ways. They pretend to cook, we pretend to eat.

@domesticcat1725

7 ай бұрын

и сејчас имајемо тож саму анекдоту у западу 💀

@brandonmorel2658

7 ай бұрын

This sounds straight out of the greasy mouth of Sizek. He always tells old soviet jokes like this on his public appearances.

@kyttraus

7 ай бұрын

It wasn't a joke

"It's not money, it's a Ruble." "Well can I have some bread then?" "That will cost you 200 Rubles..."

@huwpatt3817

10 ай бұрын

Careful - might happen 2 US$

@tomlxyz

10 ай бұрын

​@@huwpatt3817you seem to not understood what the comment was about

@DrCruel

10 ай бұрын

@@tomlxyz He knows exactly what the comment was about. He also knows what the woke are up to.

@ibot2157

10 ай бұрын

​@@huwpatt3817Well anything "might" happen

@elio7610

10 ай бұрын

Lamp oil, rope, bombs. You want it? It's yours my friend, as long as you have enough rubies. Sorry Link, I can't give credits. Come back when you're a little, MMMMMMMMMMM richer.

Communism: Free the working class from the oppressive bourgeoisie Also Communism: The government is your new boss that gives you work tokens instead of money (More like under new management)

@mattm7798

5 ай бұрын

LOL right, now you don't HAVE to work for money, you GET to work for the state with even less incentive to excel than before...sounds like a utopia for innovation.

That is the most fitting video length on the thumbnail for a video about the USSR

@SOFTWAREMASTER

10 ай бұрын

Ikrrr lmao. I was thinking the same.

@recca12

10 ай бұрын

Lol 1917

@himanshusingh5214

10 ай бұрын

Ooops

@twilightcitystudios

10 ай бұрын

Lol

@Thot_Patrol_USA

10 ай бұрын

“b-b-but it says 19:16”

"We need another unit of accounting" Oh you mean something people can trade in exchange for products and services? Something used specifically for exchanges as to not confuse people with its value? That would be nice to have. Hope they find it

@histoking6632

9 ай бұрын

How about we give people a token for the goods we buy, which they will give to the next person who will sell them goods. The token will be useful as people will give goods in exchange of that token and will give the token to get their desired goods.

@ideologybot4592

9 ай бұрын

Guys, guys, guys... the point isn't to replace money with money. The thing about money is, it can be traded among people of their own volition, which could make economics decentralized and give institutions outside the government actual power. The point is, create a unit of account that only the government can use, something that reflects scarcity for internal accounting and capital allocation, but can't be traded with anyone but the government and thus doesn't give anyone the ability to use it for their own self-interest. See? So much better.

@revwarnut

8 ай бұрын

@@ideologybot4592 Of course.. for total control of the populace.. Except for those in power of course. They are exempt from any of that..

@tunasandwich8049

7 ай бұрын

That sounds like a good idea! It should be like a piece of paper where it has a number identifying the value it represents!

@CRneu

7 ай бұрын

@@Ba_shar bitcoin is just a way to scam people out of real money. "Use our fake money but plz give us real money in the mean time. Oh, oops! Our fake money is valueless now but I cashed out before it tanked." Bitcoin(and pretty much all cryptocurrencies) is a scam.

Imagine you're the relative of some guy who was politically cleansed because he objected to nonsensical policies like that only to, a few years later, have the government admit that they were wrong ...

@fss1704

10 ай бұрын

now imagine the one child policy going to three child policy going to four child policy with single son people having to take care of two elderly per person.

@vugiabao5025

10 ай бұрын

@@fss1704you also enjoy all the resource the parents had. Biggest downside is not having siblings support

@gwho

10 ай бұрын

The woke may do exactly the same thing if we I dulge them too much, and let them grab power

@fss1704

10 ай бұрын

@@vugiabao5025 in a country in wich most of the population is already indebited and you inherit your parents debts, good try 50¢ army guy, but your comment only makes things way worse.

@toddgunther8272

10 ай бұрын

Tell me you've been asleep for the last three years without telling me you've been asleep for the last three years...

“Print more money!” - the final cry of the creators of bad ideas.

@ranjittyagi9354

10 ай бұрын

Print less money! 🤴

@JudasBenPesach

10 ай бұрын

Money cannot be printed!

@laststand6420

10 ай бұрын

​@@GarnilatorThat line of thinking is why we are in a recession and about to enter a depression due to every government on earth living above their means.

@GetJesse

10 ай бұрын

@@laststand6420agreed

@elizabethtamp1537

10 ай бұрын

Follow the Fed! QE is ...?

The Soviet Union eventually had two forms of currency - cash and non-cash rubles. People were paid in cash, paid for goods in cash. But within most of the rest of the economy, activity was denominated in non-cash rubles. Prices within one industry could and did bear zero relation to how they were denominated in another industry. Inside the non-cash economy, rubles were just a way of keeping score. The system was set up to rigorously ensure that you could never cash-out non-cash rubles. One of the steps that Gorbachev took that undermined the whole edifice was allowing the leakage of non-cash to cash. It's unclear whether he (and those around him) understood what he was doing at the time. The people who figured out how to game the system (by cashing out non-cash rubles) were among some of the first oligarchs. I think Khodorkovsky was one such.

@miyavizim

10 ай бұрын

What's non-cash rubles? Can't seem to find references of it.

@NaderNabilart

10 ай бұрын

Very intresting details, thanks! Was there any way non-cash rubles can be used as debt? For example after spending all my non-cash rubles, could I take a non-cash loan? Same rates as cash loans? Repaid by regular cash rubles or there was other options?

@BorisBelomor

10 ай бұрын

​@@miyavizimNon-cash rubles we were used for payments between government enterprises like factories and service industries. Prices were established by government and were updated yearly.

@cv990a4

10 ай бұрын

@@NaderNabilart No, there was a strict separation between the two. Also, you're talking about concepts (consumer finance) that essentially didn't exist in the Soviet Union.

@user-wd1pd7dd3p

10 ай бұрын

​@@miyavizim there was several types of Soviet rubles. You can read basics in Wikipedia, seriously. Basically, there was rubles for foreign trade, rubles for internal use, rubles for "big enterprises". Those types weren't the same.

I was in college in 1986, and this was before the Chernobyl disaster. I was a history major and one of my professors gave extra credit for attending a lecture by a visiting speaker. I had no idea what was it about but I went. The lady professor (I don’t recall her name) was an economist, and the gist of her speech was communists countries may reject economic laws but they are still subject to those laws. Communist countries may need to be adjusted when measurements are taken, but they can still be measured. Her conclusion was the USSR was a failing economy and could not survive. She predicted the nation would collapse within ten years. She turned out to be right, and she predicted it based solely on the math. I wish I could remember her name and work so I could cite her better, but that lecture left a lasting impression.

@analyticalhabitrails9857

9 ай бұрын

Well I think she can agree with the following statement: Gold is the money of kings, silver is the money of gentlemen, bartering is the money of peasants - BUT THE BANKS Digitized currencies is the money of slaves.

@lcdream4213

6 ай бұрын

Do you still remember at which college you heard this lecture?

@Longjohnsilver58

6 ай бұрын

@@lcdream4213 Eastern Kentucky University. It was around 1986. Possibly 87. But she was not a professor there. She was just visiting.

@lcdream4213

6 ай бұрын

@@Longjohnsilver58 man im even gonna try to find out her name, i feel like it’d be beyond impossible

@mattm7798

5 ай бұрын

The interesting thing is if Gorbechev would have come to power in the 60s or 70s, his loosening the state control on the economy may have allowed the USSR to transition into a Chinese style communism, where some private business is acceptable. Not to mention the better relationship with the west which could have spurred on the economic improvements.

Decides to eliminate money. Orders people to trade in goods and services instead. Galaxy brain right there.

@georgecisneros5281

10 ай бұрын

Galaxy brained mass murderous homicidal mania dressed as “benevolent revolution”…yes.😂

@voicelessglottalfricative6567

9 ай бұрын

would've made more sense if pricing directly related to value of a good/service and not surplus value. people would actually make the value they worked for lol

@fubar12345

9 ай бұрын

Ended up paying for everything in peasant blood anyway.

@henrylicious

7 ай бұрын

​@@voicelessglottalfricative6567Not really. The valuation of any product is dynamic and relative to who needs it.

@ShadowSumac

6 ай бұрын

Commies in a nutshell...

USSR:" Our inflation is too high!" Zimbabwe:"Hold my beer."

@VeganKebabDoRuky

10 ай бұрын

Venezuela: "Pff, amateurs..."

@hello-cn5nh

10 ай бұрын

Lenin: " we are Soviets, we don't believe in god, we've no need for god. There is NO god." Also Lenin: 11:26 "For Goddsakes bring us grain, grain, griain! For the love of God!"

@I-AM-EL-ZOZO

10 ай бұрын

How bad was Zimbabwe?

@timdolinger1352

10 ай бұрын

Billions of Zimbabwean dollars could buy you, like, a loaf of bread or something like that. I dunno if that's true now, but yeah, Zimbabwe had billion and trillion dollar bills.

@I-AM-EL-ZOZO

10 ай бұрын

@@timdolinger1352 so pretty the same as Germany after ww1

I never thought the numbers used in this video would EVER need to be used in history.

@mackinblack

10 ай бұрын

What?

@bill6687

10 ай бұрын

@@mackinblack he probably means quintillion. Numbers that large do come up in nature but they should never come up in accounting XD

@Daikini0

10 ай бұрын

With quintillions in your pockets you may be the poorest being in Hungary in June 1946

@Bialy_1

10 ай бұрын

@@Daikini0 Superior power of communism strikes again in 1946 Hungary😅?

@cristhianramirez6939

10 ай бұрын

Zimbabwean man walks in:

“Life has shown how wrong we were.” That pretty much sums it up.

@healord51

10 ай бұрын

"Oooops, sorry about those milions of deaths due to starvation"

@BobDenny

10 ай бұрын

Seductive fairy tale. We’re right back here now.

@saturationstation1446

10 ай бұрын

@@healord51 more people die from starvation every 8 months in america. three times that much die from starvation in countries colonized by eurocentric powers every 8 months as well. there is this strange barrier in logic when discussing starvation causes where eurocentrics seem to be completely unable to acknowledge things that have happened solely from their influence. FFS more people were starved to death in india alone during ww2 than the total number of european/american/russian people who died in ww2. there are so many disastrously harmful incidents that are somehow completely outside the reality of well off people in eurocentric countries.. wonder why that is lol

@Steelrat1994

10 ай бұрын

@@saturationstation1446 while that's true, that doens't negate his point. Lenin tried a drastic paradigm shift in a completely ridiculous way. They did it in a typical russian fashion: don't plan, just go with it and hope it will work(there is a special word/expression for this approach in russian). Surprise, surprise, it turned out horrible and their negligence in governing cost millions of lives.

@amrastrasartir8079

10 ай бұрын

@@saturationstation1446 Give me figures, comrade! Dont be shy! How many people die every 8 months from starvation in US? Or american continent? Where are sources of this figures? Just made up, or made up by your fellow comrade? Strong claims need strong evidence. Ever heard this? Other way you are just ideology driven LIAR.

It's funny how everyone in history who tries to eliminate the idea of money only seems to come up with a more complicated system that basically only manages to rename money into something else but is essentially a fiat currency through credit systems. "Oh, no, we don't use money. Those are 'work credits', not money."

@IsmaelSantos-xv9qf

10 ай бұрын

Because every single idiot who tried to eliminate money was economically illiterate and didn't know, nor cared to learn, what money is, how it works and most importantly WHY it exists in the first place.

@stoptrudeau42

10 ай бұрын

Digital id cbdcs comibg. Mark of the beast communism 2.0 . Wef agenda 2030

@Trancymind

10 ай бұрын

How about we trade for my 2 pounds of flour with your axe? Or 5 pounds of iron with your 3 pairs of your new shoes?

@Ledabot

10 ай бұрын

Or you just... Take what you need.

@Strideo1

10 ай бұрын

@@Ledabot Some will take more than they need if there's no cost to themselves.

Trying to get rid of money in order to eliminate greed is much like trying to get rid of fire in order to prevent burns.

@vorcanvorcan9032

7 ай бұрын

Are you're insinuating that money is as natural a part of reality as fire is? Or did you get that fire part backwards? 🤔

@fahadalghamdi9316

7 ай бұрын

@@vorcanvorcan9032 yes, I am insinuating just that. Social creatures (not just humans mind you) interact with exchange of resources at any and every level. Money is just the standardization of that process. Besides, all human behavior is as "natural" as beavers building a dam. Or ants building a hive.

@vorcanvorcan9032

7 ай бұрын

@@fahadalghamdi9316 Technicalities like those don't really mean much to the big picture though. While other animals are pretty comparable to each other, the same cannot be said when you compare every other lifeform on earth to human beings. The norm of that [natural] doesn't fit as it used to. Our existence is both physical and mental. And the mental side of our existence, the side that birthed monetary value, is not even close to comparable to other lifeforms on Earth. Even those that come closest to us still appear to be missing very important, extremely vital aspects of what we've become. But before anything else, how do you feel about [responsibility]? If animals are natural but cannot sensibly be held accountable for their actions, can we be? Do you think humanity ought to mature? Or do you think it doesn't matter? Do you think monetary value is a good or bad thing? Do you think it is something we want to keep around indefinitely, or do you think we need to outgrow the need for it at some point?

@fahadalghamdi9316

7 ай бұрын

@@vorcanvorcan9032 it seems we are running on completely different sets of assumptions. I fundamentally believe that the physical and evolutionary and psychological elements are inseparable and innate. Of course there are possibilities to change behavioral attributes, or even societal attributes as evolution demands. But I don't think humans have as much control over these as you'd like to think they do. (Most attempts to do that have been catastrophic at best) The human evolutionary process is pretty organic and rarely intentionally self-directed. Unless you believe in some kind of progressive Providence (a belief that you can't prove or disprove)It seems that this conversation will ultimately be fruitless as it's going to be difficult to communicate with our assumptions being as fundamentally different as they are. I wish you a good day. Edit: correcting typos and errors. It's good to have a stimulating conversation all the best to you

@vorcanvorcan9032

7 ай бұрын

@@fahadalghamdi9316 I agree with you on that. That is why I had so much trouble responding, although you wouldn't know that. 😅 Whether a conversation would be fruitless or not, I can't say I feel the same way. I think that between individuals who want to figure out [the truth], other people's assumptions shouldn't matter in that way. But for what it's worth, I can understand your decision. I would like to reverse-uno what you said though; You could potentially be underestimating our potential. Don't forget, we are inherently ignorant and haven't even started to walk yet. Perhaps it is easier than you think to [have control] as long as you've figured out the right things. I also think your assessment of self-directed evolution is a bit too hasty. Humanity has never been in a situation in which it could efficiently attempt to do such a thing, let alone actually do it. We are less than amateurs at it at this point. What we have mostly done in our collective existence, is to make changes and additions to [the game called society]. And we've sort of come to believe that those changes are changes to humanity itself. Instead, what appears to be happening is that humanity "naturally" changes to accommodate itself to these things we've created and changed about society. You might feel like calling that [self-directed], or maybe you wouldn't. I don't know for sure unless we talk more. But I basically think that such a method is actually detrimental to our evolution. Like how we've become [dependent] on things like money to the extent that we can collectively be called [addicted to the system], the same thing would likely happen with the manipulation. Instead of learning how to be in control of ourselves in a "natural" way, we would instead grow accustomed to the idea that humanity can only be moved through manipulation of the self. (I have reasons to believe that such a thing is unhealthy in the long term.) Most of what we've done doesn't even come close to what I believe [directed evolution] would actually look like in terms of the collective species. But I agree with you that, although rarely, it has been done on the individual level. Anyways, you have a nice day as well. 🖖

This mirrors so strongly with Chavez's attempts to socialize the Venezuelan economy, and also in Cuba as well. You cannot rush the transition, and people are not fungible. If you remove incentives and also the people who know how to run things, your economy will turn to shreds. I'm amazed this lesson keeps being re-learnt every 50 years or so.

@kamolhengkiatisak1527

10 ай бұрын

This also mirrors Mao's Great Leap Forward that results in vast famine causing millions of deaths.

@Greg-yu4ij

10 ай бұрын

Rush the transition? Maybe don’t. Just don’t. Never again, again, again, again. Would you hold a gun to your son’s head to make him work? Then why do that to anyone else’s son? Capitalism can suck but it’s the best we have.

@marcfruchtman9473

10 ай бұрын

It is the unfortunately condition of our humanity, that we forget the lessons of the past because those that learned those lessons are no longer around. The only real way to remember is to hang on to their experiential history and try to incorporate that experience indirectly, but it is hard to do since with each generation the experience is further diluted.

@hurrdurrmurrgurr

10 ай бұрын

Socialism is based on there not being an incentive to be corrupted and commodified. Socialists will always fall into the same hole because their system relies on the donkey to work with stick alone.

@teagueman100

10 ай бұрын

Yeah your right a transition needs to be just that, a transition. I my view the transition still requires a market that eventually disappears as post-scarcity removes the incentive. Besides anarcho-communism believes in free association of people and producer's so it has room for a market to exist.

A documentary on the Nazi German economy after the hyperinflation in Weimar Germany would be interesting.

@metagen77

10 ай бұрын

its socialist policies and chaos there too. more (some) individualism and racism tho

@Hideyoshi1991

10 ай бұрын

slave labour and a rapid decline that could only be fixed by adding more slave labour as well as mass murder.

@M33f3r

10 ай бұрын

In 6 months the government created 6 million jobs and the standard of living massively increased for everyone. National Socialism is the most anti communist system ever without falling into the pitfalls of hyper speculative capitalism.

@wtice4632

10 ай бұрын

TIK history has some great videos on that topic

@jaggmeeler2039

10 ай бұрын

‘Socialism is when the government does things’ - tik history

They did not try to eliminate money. It was a “special monetary operation.”

@cwg9238

9 ай бұрын

if the end result is the same it doesnt matter what you called it on the way there.

@hattorihanzo562

8 ай бұрын

@@cwg9238you missed the joke

@el_guero0958

8 ай бұрын

Lol

@A_Simple_Neurose

8 ай бұрын

@@hattorihanzo562 This joke is so tired though... I really hope we get another one by the end of the war. Just to stop people from kicking the dead horse. Maybe Prigojhin's plane crash being a stupid ruse like that plane scene in Nolan's Batman? They expect one of us in the wreckage, bratan...

@Henry-yf2np

7 ай бұрын

Theirs a difference between the Soviet Union and the Russian Federation. A HUGE difference.

Don’t forget comrade! There is no money when the money is worthless!

@elio7610

10 ай бұрын

Yeah there is, it is just worth less.

@brianjones7660

10 ай бұрын

They pretend to pay us…..we pretend to work ❤

@analyticalhabitrails9857

9 ай бұрын

Lolol, heres one better. Share it while we still have any liberty left. Gold is the money of kings, silver is the money of gentlemen, bartering is the money of peasants - BUT THE BANKS digital currencies is the money of slaves.

@dzanderallison

8 ай бұрын

to the contrary, when the money is worthless everybody is a millionaire!

@fastestdino2

8 ай бұрын

@@dzanderallison If we're all poor then no one is poor!

"They owned nothing and they were not happy."

@Pgr-pt5ep

6 ай бұрын

But they did "eat bugs".

@Youtuber69428

6 ай бұрын

At least they were able to own their homes

@MA_KA_PA_TIE

6 ай бұрын

​@lucasjensen841 so long as you pay property tax nobody owns their home. Paying 10K to 20K a year to prevent your house from.being sold at a tax sale isn't ownership, it's renting.

@Youtuber69428

6 ай бұрын

@@MA_KA_PA_TIE the soviet's payed 10-20k a year in tax?

@michaelpelzek8882

6 ай бұрын

​@@KZreadr69428but they didnt own the homes though..

Seems like the Bolsheviks fell into the same pattern of behavior regarding farmers as medieval monarchies had regarding peasants. They are quick to say peasants are lazy, duplicitous, and always hoarding food without realizing that peasants and farmers live on the thinnest of margins between starvation and living through winter to start the cycle anew, and this is just dealing with the unpredictability of nature. Add in the demands of taxes and national governments, local feudal lords, and outlaws outright taking their produce for one reason or another, it’s no wonder they would be given to hoarding food and hiding it away whenever possible!

This is the first time I've seen a curiosity sponsor without nebula. I was waiting for it the whole time

@jamalgibson8139

7 ай бұрын

Until this comment, I literally thought it was nebula sponsorship, lol. I'm so used to them being bundled that I didn't realize it was different. 😅

love how you keep churning out these, ty!

Really appreciate the efforts you put into your videos man. Thank you for being a gem on the internet.

This is like Adam Curtis documentaries - "they wanted this thing, but in the process the other thing surfaced"...

@Jonpoo1

10 ай бұрын

Just needs a bit of stock footage over eerie slow rock.

First time watching one of your videos. Thoroughly enjoyed it and learned something. Subscribed

“Money was a lie to remove wealth from the worker” - that’s why they’ve printed so much of it!

It turns out people dont want to work for free.

@martinpalm5

10 ай бұрын

also. Anyone that has worked a job knows slackers will take advantage of the hardest workers to get by with the least work.

@Seth9809

10 ай бұрын

@@martinpalm5 Anyone who has worked understands that most employers want everyone to be the hardest 25% of workers, but get paid like they're the laziest 25% of workers. In many places, working harder and showing up early just results in someone else getting promoted.

@dieglhix

10 ай бұрын

​@@martinpalm5 same as universal basic income bs

@vin2620

10 ай бұрын

not how compensation under communism works but ok

@PolishBehemoth

10 ай бұрын

​@@Seth9809you have no idea wtf youre talking about.

Always happy to see a new doco from you, thank you for the hard work 👍

No Logistics No Production No Organization No Money Truly one of the ideas of all time

we need money because high quality products costs more to produce than low quality products

Inflation doesn't just hurt purchasing power. It disincentivizes production.

@toddmarshall7573

10 ай бұрын

"Inflation doesn't just hurt purchasing power.": Oh really? Put a dollar under a rock for 20 years. Then bring it out and see what it trades for. And the good ole USA claims to target 2%/yr inflation...and delivers 4%. Makes a 1913 dollar worth about 4 cents today. If you think you know what money is and where it comes from, tell me.

@GameFuMaster

10 ай бұрын

which isn't really true. You're saying that if you buy a dozen loaves of bread today and leave them on the counter, they should still be good 5 years from now.

@toddmarshall7573

10 ай бұрын

@@GameFuMaster Oh really? I'm saying that? You may find it interesting to know if five years ago you chose cement blocks rather than gold to store wealth, you would have done better.

@GameFuMaster

10 ай бұрын

@@toddmarshall7573 well I wasn't replying to you in the first place. And your first comment pretty much aligns with the OP's comment, so I'm not sure what you're trying to comment on.

@Expllosaoriginal

10 ай бұрын

@@toddmarshall7573 My dude, you really should learn how to interpret texts. English is not my first language but even I understood what Chase said better than you...

This video teached me in 19 minutes more about relevant history than all my primary school years, thank you.

@thorbrennergostasson8556

7 ай бұрын

Time to learn you a book

@Dispo030

7 ай бұрын

It would’ve surprised me if economic policy of the early USSR was a topic in primary school lol

@FGP_Pro

6 ай бұрын

And, in one minute a comment "teached" you that taught is the past-tense of teach.

@youtubesadhominem9118

6 ай бұрын

ignorant statement from a privileged position to assume the originator of the comment primary language of choice happens to be English

@FGP_Pro

6 ай бұрын

Not ignorant, nothing assumed, no insult intended, just some pithy pedagogy. Lighten-up.

Now they ate trying to abolish money again globally.

Trying to get rid of money is getting rid of a basic technology, and going straight back to barter or even worse, no exchange at all...

@090giver090

10 ай бұрын

And humanity got rid of the straight barter as the main exchange practice thousands of years ago *for a reason* 🤣

@Itsmespiv4192

10 ай бұрын

The myth of barter is still going strong 😂

@Baamthe25th

10 ай бұрын

@@Itsmespiv4192 It's not a myth, even if left-wing pseudo economists like to call it one. There's not much evidence for it, simply because without a transaction medium (like a metal coin), we can't find much in the archeological records beside the product themselves. And there, we've got plenty of evidence of prehistoric trade routes, long before any state rose. For example, evidence for a 2000km trade route in siberia dating back at least 8.000 years has been found. There are plenty of studies and article on the subject Tbh, the only reason you midwits say it's a "myth" is because adam smith and others economist deduced that before money, there could only be barter. Ie, they used their brains, which is something lefties are apparently incapable of That you say that just demonstrates how dumb you are

@techpriest4787

10 ай бұрын

True. Because it is a scoring system. There is no better way to manage a complex economy without it. It weighs the importance of things. Hence its need and therefore priority. I fail to see how one could think any different.

@user-uh8fu3mb9l

10 ай бұрын

However, money is already struggling to accommodate modern, digitized economy. It is still largely essential for everyday purchase, but various bonds, credits, and scores are already replacing it, especially when large non-state platforms are concerned. On the other hand, the decade-old proliferation of foreign currency exchange after the collapse of Bretton Woods system kind of defeats money's purpose of circulating currency itself. One may even argue that money is a relic of state authority, and as sovereign states decline in importance relative to international corporations, so too will fiat money fall.

An incredibly timely video.

me: but without money, people won't be motivated to work. idealistic friend: That's not true, they will work the jobs they enjoy.

@mattm7798

5 ай бұрын

Haha, yeah and when those quickly reach max density....

@ProfAzimov

4 ай бұрын

Who is interested in cleaning the sewers?

@user-lz1yw4fl2e

3 ай бұрын

@@ProfAzimov If it is in your private property area, then you.

@ProfAzimov

3 ай бұрын

@@user-lz1yw4fl2e No private property under communism

@shauncameron8390

12 күн бұрын

Too bad society will just crumble.

6 million dead was just a little mishap for Lenin and his enthusiasm. Imagine the guy and his 'ideas' are being glorified today, instead of standing in one line with Adolf's

NEP is another great story... And then the Industrialization... I want to suggest one specific and very interesting topic inside all of this - education in early soviet union. It was very different from itself every few years, of course, but there is a lot to explore. The most widely known situation with homeless orphans just after war, another situation with schools in cities, another with schools in countryside, another about teaching professional skills, another about preparing teachers, and the greatest by overall amount of dedication both of teachers and students story of high school of engineering in 20s and 30s Maybe it will be interesting for you to dig into that and relationship between education, soviet society and soviet industry. There is a lot of great stuff. I personally will be very interested in your representation of asian education of XX century. Starting even from broad view on already well known (compared to others about asian education) topics like education of nucleus of chinese communist party. I hope there will be some unobvious insights even in there. And I sincerely hope and wait for more local themes. Thanks! 🥰

@ianweniger6620

10 ай бұрын

Long live Vygotsky!

@nvelsen1975

10 ай бұрын

Funny trivia: In Dutch 'nep' means fake.

@artemplatov1982

10 ай бұрын

@@nvelsen1975 Another funny trivia: Dutch language is a joke

@2hotflavored666

10 ай бұрын

@@artemplatov1982 😂Based and very true

@wtice4632

10 ай бұрын

@@artemplatov1982 its a drunk guy trying to speak english and german at the same time

Call it dollars, credits, or labor units, if you have a medium of exchange, that quantifies commodities or labor, its at least fiat money, or what we just call money. Economics 101.

@GordonFreemayne

10 ай бұрын

@@farfromreal The video doesn't really do a good job of it but Marx does. The craftsman who sells the chair can charge however much they want, but they don't necessarily need money in exchange. What they need are food, clothing, shelter, self fulfillment, etc. They make a profit because they're allowed to (see also: military contractor price gouging), but the point is the craftsman is alienated from his labor because he's being exploited by his landlord, the power company, the sewage company, etc etc.

@MrNpc81

10 ай бұрын

​@@GordonFreemayne "exploited" 😂

@Grak70

10 ай бұрын

@@GordonFreemayneor maybe all the people standing up are being exploited by Big Chair.

@justovision

10 ай бұрын

@@MrNpc81 You feel like society is equal in the distribution of talent and effort?

@williemherbert1456

10 ай бұрын

@@GordonFreemayne Money is convenient medium as means of exchange to get food, clothes, shelter, and self-fulfillment to some extent, you can't just ration what the compensation for labor given by workers to be called other than money, a money can be anything even with salt or grain. This is how money idea being implemented, so you can't run away from the concept of money as long as resources are finite or hardly crude to be needed further processing to wanted form. Kinda weird to generalize energy, sewage, and water company as always be privately-owned, many others that not from USA usually owned and managed by the state directly, even so they can't be stay at loss when its tax money to close off the gap in bearing brunt of this consequences to overlook cost-profit view in running those company. But doesn't mean it justifies the method of running vital sector businesses in same methodology and viewpoint of ethic as neo-liberals are having by now in USA and UK as prime example, it's just ensure the cost of running those vital business sector shouldn't be allowed being inefficient to some extend, especially inner-structure corruption.

The Soviet Union is like trying to build a house without building the foundation first

@gaoxiaen1

9 ай бұрын

Just like the Millenium Tower in San Francisco.

@gwho

8 ай бұрын

communism is like trying to build a space elevator without knowing about gravity.

@gwho

8 ай бұрын

@@BrendanRaymondKoroKoro my point is if you don't account for something as critical and significant such as gravity when attempting to build a m ega-scale project, shit might, just might not work out

@gwho

8 ай бұрын

@@BrendanRaymondKoroKoro nah that's some commy assumption that capitalism is doomed to fail. Marx was wrong about that and about socialism being the transition to communism, and about the labor theory of value, and about himself not being the word exploiter of hisaid and children.

@alecmagill5337

8 ай бұрын

@@BrendanRaymondKoroKoro the issue with the Soviet Union, as in the US with the “great experiment” of democracy, it had never really been tried before. Communism as a concept has been around for thousands of years, but attempting to transform the Soviet Union overnight is like trying to take an aircraft carrier through a drive through; they would’ve had to have slowly change their policy and approach to governing very slowly over 50+ years to actually achieve what they wanted in the first place. At least with the US it was already semi democratic so it wasn’t a massive leap to go from self governing colonies to a collection of semi self governing states in a confederation (under the articles of confederation), to a federation.

This channel is underrated.. keep it up!

no money or bad money, gets replaced by informal privileges. not being able to have regular things because you don't know the right people (or, better yet, having to curry favor with service sector workers) is triggering over and above simply not having the money

@GameFuMaster

10 ай бұрын

nah, no money eventually just gets replaced by something crappier that just doesn't use the word "money". i.e. "work effort". The only other method of trading is just bartering, but we've moved on from that obviously because of how difficult it is in a large scale economy.

@Seth9809

10 ай бұрын

@@GameFuMaster You're so wrong, it's insane. Money didn't exist for most of the history of mankind, and it was barely a thing for most of the history of civilization. Bartering also has almost never been documented or recorded on a widespread scale, even among native tribes or faraway peoples.

@wojciechciagaa7723

10 ай бұрын

@@Seth9809 every time I hear the story about how humans traded shoes for potatoes until they FINALLY discovered that money is so cool and convenient I want to tear my hair out

@wojciechciagaa7723

10 ай бұрын

@@GameFuMaster barter is a myth

@naitnait00

10 ай бұрын

​@@Seth9809 Gold, silver, copper, bronze, other metal (coins) and seashells were money, because it was used as money.

Money will always exist, it simply exists in one form or another. “I want a piece of bread” “Okay I’ll have 5 tomatoes, or 8 potatoes or 2 big pieces of meat” Technically, all of these things are money just also commodities. Money is not a commodity without its nominal value. But it’s legally given tender through its affiliation to currency. Anything can be money but money has been agreed to retain value. It’s all human nature

@rharris22222

8 ай бұрын

Yeah, and so is "Credit." Long before fiat currency, a bank's, or even a wealthy person's, letter of credit, or backing could be money. The main difference for what we now call money is threat of violence. Government: "Only our notes are legal tender." Freeman: "Other things have real value." Government: "Only our notes can be used to pay taxes." Freeman: "You know, I don't really care for taxes anyway." Government: "And how much do you care to be arrested at gunpoint, handcuffed, and thrown into prison?" Not-so-Freeman: "How do I get me some of those notes?"

This is the kind of sponsor that feels ok on this channel! Yay Curiosity Stream!

@asianometry this is a fantastic episode. Do you have reference sources for this info? It's really fascinating and I'd like to dive into it a bit more.

15:30 Damn, if only there was a means of measuring the value of someone's labor over a period of time. Like, if they do X job for me, I'd give them a token with monetary value for each hour they spend working... Someone should definitely invent that.

@Dulc3B00kbyBrant0n

7 ай бұрын

fascist

@darktimesatrockymountainhi4046

7 ай бұрын

😂

Cambodia abolished money under pol pot in the 70s. I think we all know how bad that regime went

Thank you for all of your videos, they help me so much to understand the world!

Great Job! Just found your channel & will be following with interest!

Lenin said "for the love of God"? Odd

@gikigill788

10 ай бұрын

Lenin was more complex that most people would know. He himself said that religion exploits but also provides comfort to the exploited.

@nomobobby

10 ай бұрын

IDK, Lenin definitely did not pray but he was probably pushing people who were. So probably unusual but understandable given the situation.

@Hereford1642

10 ай бұрын

People often quote Marx as saying that religion is the 'opium of the people' in a purely disparaging way, but the full quote is rather more nuanced - ' "Religion is the sigh of the oppressed creature, the heart of a heartless world, and the soul of soulless conditions. It is the opium of the people."'

@tech477

10 ай бұрын

The situation was that dare...

We bust our collective ass and live in near poverty, So great leader can have a deluxe apartment and live in luxury of course!

Gonna cross the big half million I see. I've been watching since less than 100k. Congratulations.

This was such a great documentary. Thanks a lot!

It's incredible how much confusion there is in governments who do not micro-plan and micro-test their plans out before pushing their confusion onto the masses! What I mean by micro-planning and micro-testing is to try out their new economic and social ideas on a very small segment of the population as a prototype model to observe and learn from it in order to decide whether to go forward with it or not! While at the same time having experts changing and modifying it until it reaches a near perfect model. Then, the changes and transitions will be at lot smoother and less violent!

@brag0001

10 ай бұрын

Depending on the policies you want to role out, this doesn't work. UBI is a great example of this. You can't really do small scale experiments, because those don't have the economic effects large scale introduction would have. So with UBI small scale experiments can help you see how some people would react to it if they essentially got free money. But you can't really test how rent, basic necessity prices, etc. would evolve once UBI was introduced universally. Nor is it possible to study long term effects on people's motivation to do unpleasant work. And it's even harder to study next generation effects, as even if people were to keep doing what they were already doing, the real question is how people raised from childhood with UBI would respond to the needs of society to have certain work done ... And it's even less possible to study the long term effects of a country introducing UBI and comparing how it then fares compared to other countries who don't. Will they stagnate like Argentina in the 19th century relatively to the rest of the world? Or will they flourish to an untold extend?

@NickSteffen

10 ай бұрын

No amount of testing or planning could make this much change in such a short time work. Almost anytime you throw away the existing system wholesale you are going to make things worse even if you might have been right about some things in principle. You need to make small changes over a longer time period. This decreases the damage of failures and allows for course correction. This is in effect how most countries have operated successfully for the entirety of human existence. When you put ideologues with no administrative experience in charge of things this is what happens.

@teeletsetse445

10 ай бұрын

Socialists would refer to that as 'incrementalism'. And they dislike it very much.

@Sever3dHead

10 ай бұрын

The ideology in question has no place for testing, not even talking about micro-testing. They believe the system they want to achieve works, they will not stop at reality's lessons.

@mikolasstrajt3874

10 ай бұрын

I think that idea of micro planning and escpecially micro testing was not well established in this time. They simply wanted full on revolution either for ideology reasons or as quest to get personal power. But micro testing and micro planning was implemented afterwards. This is all the "special economic zones" etc and it's what enabled china somewhat smooth transition to state capitalism or whatever they are doing.

printing money to errode trust in money to get to a moneyless society is smart

@LNVACVAC

10 ай бұрын

What did you expect from a society based in a neognostic religious movement?

@toughgamma

10 ай бұрын

Stop noticing things.

@ydid687

10 ай бұрын

it can work, if its others who have to pay for your mistake like 2008

@RyuuOujiXS

10 ай бұрын

Ya, it worked out really well...

@hawoaliahmed6996

10 ай бұрын

Wait a moment

We tried that once. It was called the Neolithic . That era has passed ....

I was speaking about this topic the other day. Thanks for the video.

Asianometry has THE BEST commentary on the Soviet Union. I LOVE the soviet episodes! So informative, and i always learn something.

@ihl0700677525

10 ай бұрын

True. Objective, quite comprehensive, and politically neutral.

@4grammaton

6 ай бұрын

@@ihl0700677525 yes, I remember that very "objective" and "politically neutral" statement in a video of his where he said that the USSR had no concept of quality control, because there was no incentive for Soviet workers to work hard. What a joke of a channel.

@ihl0700677525

6 ай бұрын

@@4grammaton 1. Soviet Union was corrupt authoritarian state. No matter how hard you work, you can never climb the ladder if you don't know some influential people in the govt. Ofc there were exceptions to this, but the story about how Stalin purged the party (e.g. Trotsky's demise) and the military (demoting and executing more than half of Red Army senior commanders), and how Soviet car and electronic industry failed, really show that USSR was not a meritocracy. Loyalty to the party and to the leader (e.g. Stalin) was more important than your actual skill and contributions. 2. Saying that there's problem with Marxist/Socialist system (or with Capitalism or any other ideology/system), does not mean it is not neutral or against Marxism/Socialism. IIRC this video did not advocate for nor against Marxism, therefore it is IMO neutral. 3. As for lack of objectivity, show me any factual mistake in this video, and I'll consider changing my mind about it. Otherwise I think this video is quite objective in explaining Soviet attempt to revolutionize its economy by abolishing money.

Capitalsim isnt perfect. But its a hell of alot better then delusional idiologys based on what should be instead of what actually is

Id love to have an Asianometry style video about mexico history, the fall of internstional harvester, small minicomputer and mainframe manufactures, so many things. Love the content.

@basillah7650

9 ай бұрын

Mexico not Asian

@thomashenebry8269

7 ай бұрын

Note the word Asianomentry. Outside of Asia, Forget it!

Technically you could live life without money, but you would have to be really good at trading and have to plan months in advance because not everyone is going to want what you have to trade. It would make life complicated, but you could use a system of currency for less of a headache 😅 Currency was very important in the creation of civilizations... This is all basic history... Money(currecy) is one of the important building blocks of creating an advanced society.

@neilreynolds3858

10 ай бұрын

Or you could do what I did and steal what you needed. That removes the complications.

@shauncameron8390

8 ай бұрын

@@neilreynolds3858 And risk jail time.

@BlisaBLisa

7 ай бұрын

@@neilreynolds3858 this is the way

Can you do a video on the rise of Turkish military industry?

Hey, can you cite your sources? It would be useful, for watchers who want to do research into this stuff themselves. Also: what font did you use? I recognize it, but I don't know what it is.

Lenin: “life has shown how wrong we were!” The millions dead and in poverty:

Bold choice of a topic. Well done

Words cannot describe how much I love this channel. I wish this guy was my best mate in real life. With our autistic-level nerdiness combined, we could conquer the globe.

@gengar1187

10 ай бұрын

Fantasy fajjit

@befeleme

10 ай бұрын

More likely you would end up at each other's throat arguing which version of socialism is more appropriate for your conquest.

@lashlarue7924

10 ай бұрын

I feel the same way.

@guerrerohr5500

10 ай бұрын

para social relationship

What? No insensitive to work when there is no money or you don't get anything else either? Especially for the government. Who would have known that? 😅😅

Basically every government today: *”Write that down, write that down!”*

@jonathanwilliams1065

10 ай бұрын

What the hell is going on?

I find your Channel Important. Thanks!

The Bolsheviks were the OG shock doctrinaires

@jaggmeeler2039

10 ай бұрын

History is like poetry, it rhymes

@volodymyrbilyk555

10 ай бұрын

OG genocidal dipshits

@TheRVSN

10 ай бұрын

There are only two subjects of global politics: global predictor (concept of fascism) and bolsheviks (concept of social justice). The rest (privileged and unprivileged mob) are marionettes of global predictor: state "elites", global "elites", clans, miscellaneous social groups...

What does a capitalist say every four to eight years? Print more money! I'm too big to fail

When one has a monopoly on rifles and bullets, who needs money?

Video starts at 2:00 Before, it's just an ad you've already seen 1000000000000000x.

@WanderingExistence

10 ай бұрын

Yes, but at least It's an ad for a good product at a reasonable price that helps support a good channel... just sayin'.

National Geographic and Eyewitness were also a part of my childhood

100 years later ROUND TWO

New subscriber..this video gave me a better understanding of what's happening in the west even though I had some understanding of Soviet and Russian history.

I had an idea like this once.We would all work for benefits instead of money.The government would give us a house and everything we need Including. Food vouchers..All I would have to do is go to work and come home and everything would be supplied to us. But it never knew how to implement it.Apparently it was already tried and failed.

17:07 That's a *_LOT_* of calories; similar to a US daily MRE ration for soldier in combat.. Even 2600 is a lot... (Shows how much manual labor they performed.)

@escgoogle3865

10 ай бұрын

Avg age at that time, high movement labor and light use of personal cars, I can believe that initial calorie intake number. Still, seems like a BIG number. 2600cal would be doable for me but not fun (ditched the car 4 years ago)

@bradleycooper5436

10 ай бұрын

That's not that much.. most American males eat more than that daily. Two big meals with a drink cover 2600

@RonJohn63

10 ай бұрын

@@bradleycooper5436 which is why we're fat. I'm dubious that there were many fat Russian peasants.

@rejvaik00

10 ай бұрын

Massive amounts of hard labor typically you want about 3200 calories

@RonJohn63

10 ай бұрын

@@rejvaik00 that is, of course, why I wrote "Shows how much manual labor they performed."

You should do an entire video on the American savior of Lenin's idiotic and suicidal "government"- Herbert Hoover and his team of skilled managers at the American Relief Association. After this imbecilic flirtation with famine, Lenin went head long into it in 1921 with crop requisition. By the end of the year 100,000 Russians were dying every week from starvation. Cannibalism was almost widespread throughout much of the country. You allude briefly to these conditions but I suppose it was beyond the scope of the video and its timeline but not by much. Hoover convinced a very reluctant Congress to support his relief effort and by the end of 1922 the ARA was feeding 11,000,000 Russians a day.

@jonnyd9351

10 ай бұрын

That part of history was actively ignored/ forgotten by later leftists, and the fact Lenin never thanked them and ended up saying the US was trying to spy on them is ridiculous. Also I remember reading how inefficient the Soviet’s were in transporting the food and while US leftists were criticising Hoover, claiming he was “exaggerating” the issues the soviets were causing. And then Hoover decided to not release evidence of the issues for purely moral reasons, giving more credence to the leftist politicians attack him. In the end it was the biggest famine relief effort in human history and it was shoved under the rug because it went against the ideals of half the world.

@AdamSmith-gs2dv

10 ай бұрын

Yet another thing to add on to the reasons why Hoover was a bad president. If we let them starve there is a good chance the Soviet Union would have collapsed

@deborahdean8867

10 ай бұрын

Lenin was simply a egotistical jew with nothing to do, like Marx. Even lenin liked the attention and importance he felt from having followers, and you don't get followers without an ideology. It's not hard to sell an ideology to serfs.

@user-lz1yw4fl2e

3 ай бұрын

The “Provisional Government” headed by Kerensky began to requisition the harvest even before the October Revolution. With each year of military conflict, this intensified even more, especially since at some point the army numbered 3 million (not counting other troops who also did not have their own food). And this was despite the fact that throughout the 19th century there was regular famine in Russia.

So we take money and power from the wealthy, and give it to a smaller, more insular group? We also remove choice in what people can have for their work? When does this start to make life better?

@AdamSmith-gs2dv

10 ай бұрын

It doesn't. Communism is IMPOSSIBLE because every living being on this planet is selfish

@madmonkeys88

10 ай бұрын

Welcome to every socialist/communist implementation that lasted longer than a year. I believe there have been a few actual implementations of "correct" socialism that doesn't turn it into a sort of oligarchy. However those always seem to get conquered by neighboring countries because the state itself is too weak to defend itself from aggressors. And if it were to try it would end up with centralized power again.

@neilreynolds3858

10 ай бұрын

It makes life better for the people in charge. I don't think there's an economic or governmental system that doesn't work that way.

And that is what happens when you unite the will of a lot of people that dont understand economics

@socalpumpballer

10 ай бұрын

It’s easy to convince the vast lazy low iq population that their neighbor is evil solely for being competent and hard working

@PolishBehemoth

10 ай бұрын

So youre saying unute the will of regular people then?

@neilreynolds3858

10 ай бұрын

How many people study economics? It's boring so they want to have it described in simple black and white terms. It looks like the people who do study it don't learn much that's useful either. At its heart, it's a chaotic system that can't be modeled and if it can't be modeled, then people want to pretend that they can control it.

@shauncameron8390

8 ай бұрын

@@socalpumpballer It figures why Pol Pot killed off anyone who looked the slightest bit educated and Cambodia is still dealing with the fallout as its current leader was once a card-carrying Khmer Rouge member.

Your channel is SO well produced and well researched, it is truly shameful that it isn't even more popular than it already is. Please keep on producing this stellar content, Sir. Perhaps I need to migrate on over to Curiosity Stream, since YT clearly isn't boosting your content as much as it should be. Shame on them!!

@Hereford1642

10 ай бұрын

Recommended to me today was 'I ate plain noodles for a whole day'. It had 10 million views.

This video is Gold! Thank you for sharing your research

Money is an evil but a necessary evil. For many, money is a source of security and a means of achieving their goals and aspirations. It can be used to pay for basic necessities, such as food, housing, and healthcare, as well as for luxuries, such as vacations and fancy cars. For others, money is a way to gain power, status, and respect in society. A key function of a currency is as a store of value which can be saved and retrieved in the future without a significant loss of purchasing power. Currency is the primary medium of exchange in the modern world, having long ago replaced bartering as a means of trading goods and services. In the Soviet’s foolish quest to rid of money and currency, they made a new form of currency in the form of the Ruble which ended up being used as money to buy things and participate in economy. Reminds me of a certain quote: “You could not live with your own failure. Where did that bring you? Back to me.” Despite this, there are many foolish enough to think that they could just abolish money altogether. A sentiment shared among many young but naive college students. Very sad.

The problem is philosophical infrastructure. We are locked into a win lose fear based ie scarcity based way of thinking because for many thousands of years we as a species struggled against famine. Everything Economic that we do as a species is actually predicated on How many countless times we've collectively had to deal with famine.

@IsmaelSantos-xv9qf

10 ай бұрын

Socialism will never work. The only thing it is "good" at is destroying lives, economy and civilization. It's a parasitic cult that, if society worked properly, would be treated much like how cancer is treated: detect early, excise/burn ASAP before it grows into a tumor.

Do you know WHY the Bolsheviks abolished money? Because the monetary system was absolutely destroyed by the previous events and previous governments. Soon after, in 1922-1924, a monetary reform was carried out and in 1925 the Soviet rouble was officially listed on the stock exchanges of different countries.... I grew up in the Soviet Union and has never heard of any plans of practical abolishing of money. This might have been discussed in theory - well, but it happens throughout the world even now. And... who knows, the new idea of digital money - isn't it something that is even more worthy of discussion and .... more ambiguous because it is much closer to reality ?

Hi, @Asianometry, great video! I enjoyed it thoroughly. Just wanna ask if there's a source for the Lenin's quote at 18:27 time mark?

I wouldnt call anything that has killed hundreds of millions of people "fascinating". I would call it a crime against humanity. Which it was.

The irony never fails to amaze me: The USSR produced such brilliant ppl in such varied fields as science and mathematics and statistics………yet not one of them could figure out the simple fact that Communism is unworkable………..After all modern economics was taken forward by independent thinkers at different junctures like Adam Smith and Paul Samuelson. A whole body of economics evolved out of such independent thought and yet not one person in the USSR could figure it out themselves what with all their brilliant minds.

@deborahdean8867

10 ай бұрын

If they did figure it out, they couldnt talk about it. The power structure was dependent on the system standing. Bureaucracy perpetuating itself.

@shauncameron8390

8 ай бұрын

Hard to do that in a centralized power structure in which freedom including that of thought is suppressed.

@BlisaBLisa

7 ай бұрын

what are you talking about a lot of people in the ussr were obviously miserable, the idea that they were all just mysteriously too stupid to figure out that stuff wasnt working is so weird. they were living in a dictatorship its not like they could just vote these people out or even speak out about it. also probably worth mentioning some of these brilliant people were able to do what they did in large part because of the communist system they lived in, they could get funding to pursue seemingly unprofitable things because there wasnt a profit incentive. we have a lot of cool soviet art for example bc of this.

@user-gh8fs4uy9g

6 ай бұрын

don't be so sure you understand economics either

I haven’t read enough of Marx’s works to understand that he was somehow against “money”. No economic system can exist without money - even barter requires a a unit of value. A truly barter system can only work in very small communities where there is virtually no economy and everybody is more or less self-sufficient (growing their own food, making their own jam, building their houses, constructing their own tools or “machines”). It breaks down very quickly, the moment you involve outsiders or of the village grows to more than about 100 people. Money is a fundamental means of storage and exchange of value. Even “moneyless” societies still have a form of accounting, which is a monetary system. Surely, Marx would have understood this?

@System_X

7 ай бұрын

Marx was a certified idiot.

@SnakeHelah

5 ай бұрын

I don't think he was thinking this far. Marx is just one man, I have no clue why people treat his work as gospel. I guess there's just not enough thinkers trying to come up with a system that's better than capitalism. IMO if Marx was never born, someone else would've probably taken his place, or rather, Russia/USSR would have picked another silly ideology to push their evil forward. Who knows though? Honestly the only way I can see a moneyless/communist type of society working is some kind of space colony/space travelling society. Since everyone is dependent upon each other for literal basic needs (oxygen, water, safety of the environment etc.) people actually work as a collective and therefore money becomes redundant since you're at limited resources and labor anyways.

centrally planned is the biggest problem, if it was individually planned it could in theory work but since its not that means it will never work.

you can still find this idea floating around reddit, roughly between the ears and under the fedora.

bravo! Concise, important lessons. Its unbelievable how effective the process of erasing this from our collective memories has been. Numbers don't lie. You hit this one into the upper decks.

@M33f3r

10 ай бұрын

Because mass starvation is not an accident. It is intentional. The same people who murdered hundreds of millions in communism want to take over everything else and are well on their way.

@ZacharyBittner

10 ай бұрын

Here is something to think about, the Soviet Union trying to cause hyperinflation intentionally is not the worse case of hyper inflation. The right wing nationalist government of hungry caused the worse case of hyperinflation did.

@godfreypoon5148

10 ай бұрын

@@ZacharyBittner cool story bro

@Bialy_1

10 ай бұрын

@@ZacharyBittner This video is based on Soviet propaganda... they lost war with Poland in 1920 and here we are told the story about Red Army amazing success in that exact year when in reality they were anihilated in attempt to conquer Warsaw... Your version of the hiperinflationin Hungary is similar: "The Republic was proclaimed in the aftermath of the Soviet occupation of Hungary at the end of World War II in Europe and with the formal abolition of the Hungarian monarchy in February 1946, whose throne had been vacant since 1918. Initially the period was characterized by an uneasy coalition government between pro-democracy elements-primarily the Independent Smallholders' Party-and the Hungarian Communist Party. At Soviet insistence, the Communists had received key posts in the new cabinet, particularly the Interior Ministry: despite the Smallholders' Party's landslide victory in the 1945 elections. From that position the Communists were able to systematically eliminate their opponents segment by segment through political intrigue and fabricated conspiracy, a process that Communist leader Mátyás Rákosi called "salami tactics." " Right wing government? With Communists on key positions in the cabinet, particularly the Interior Ministry?!🤣

@earlysda

10 ай бұрын

aaaron, your joke about "collective" on a Communist video is exquisite!

Food under socialism is like Socialist humor, not everyone gets it

@danielhutchinson6604

5 ай бұрын

The Capitalist System appears to substitute Drugs for Food? The appearance of Homeless Humans in every town, proves my point.

@Novasfan100

5 ай бұрын

And yet they continue to feed their population more than any capitlist country, thats just a statistical fact!

@YourCapybaraAmigo_17yrsago

5 ай бұрын

Lolol. Well unfortunately in the US now the same could be about it (where I'm guessing we both live). Clearly there's still a lot of work to do before we find the perfect system that provides everyone with their minimum basic needs met on a daily basis, on an ongoing stable basis.

@danielhutchinson6604

5 ай бұрын

@@YourCapybaraAmigo_17yrsago There are plenty of houses, a few Rich Folks just own them. There is plenty to eat, Farmers never got rich anyway. When the money is worthless it will be simple to ignore it.

@TheLeftPath

4 ай бұрын

Fun fact: a cia document from the 80s (i think) found out that soviet citizens and us citizens had almost the same nutritional data.

GILLIAN: Don't' tell me they don't use money in the twenty-third century. KIRK: Well, they don't

You should make a video about the history of georgism and its implementation

Central planning never works well, and it's not just because the people not in power aren't "motivated". It's partly because the people in power are only good at grabbing power, rather than in running things. And it's mostly because the totality of ideas and wisdom of the millions is far greater than that of the few who hold power. Free market capitalism allows good ideas to thrive, while bad ideas die. While the rule of law is important to the success of an economy, total state control of everything works to its detriment.

@BlisaBLisa

7 ай бұрын

you had me until " Free market capitalism allows good ideas to thrive" lol

@BlisaBLisa

7 ай бұрын

so much of our scientific progress is dictated by what is profitable, if its not profitable it wont get funded. good ideas arent always profitable