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@sha9543

9 ай бұрын

why is fudso pronounced fud zee

Well, he never made it to the fishing, did he?

@quiktripman123

6 жыл бұрын

Capitalism destoryed

@zereimu

3 жыл бұрын

@Tsumuro You mean irresponsible industrialization, not Capitalism.

@zereimu

3 жыл бұрын

@Tsumuro The premise you are making seems to be that Capitalism, which brings prosperity and growth to humanity is wrong due to the costs of growth on the environment, that's kind a a messed up statement, specially considering you cannot fix everything with economy alone, people need to want to clean the environment, and what system of voluntary transactions and right to property encourages the mutual fulfilling of both parties involved in monetary transaction? Capitalism. Capitalism is the reason we have made innovations towards renewable energy and taken superior technological steps towards protecting the environment. Even places like China and India, the greatest polluters with rising demand for environmental care have companies making ingenious working solutions to cleaning their rivers and the air, solar power is becoming cheaper as demand rises and is met with competition, more efficient and less pollutant batteries are being made by companies to store said power at far greater capacity and output, some day we will be extracting materials from asteroids, in the more immediate future in about 20 years we would have replaced oil as power source, we will have to work on synthesizing it for it's many other purposes for when we truly can't find any more still.

@zereimu

3 жыл бұрын

​@Tsumuro I think those are two different issues, but atleast innovation will always be propelled forward aslong as Capitalism exists, it simply meets the needs and competes with innovation to fill those needs, if we don't care about our environment then Capitalism wont either, if we do they will as we have seen. Like I said Economy cannot fix everything, it's a matter of education I think to be honest, so we can make the right choices and vote with our dollars so to speak, Capitalism may be the best economy but to have the best possible society you need a virtuous people, can't really solve everything with Capitalism alone I think.

@zereimu

3 жыл бұрын

​@Tsumuro Greed and selfishness are found everywhere, which is why every system in humanity has been exploited, this is not a Capitalism exclusive problem, nor even one that Capitalism even excels at, this is why we set regulations, because humans aren't perfect. The difference is that even with imperfect humans Capitalism has worked better than all other even more easily exploitable systems which have caused millions of deaths by being easily exploited, specially if said systems involve surrendering certain basic liberties. Changing Capitalism to another system won't get rid of these problems that actually have nothing to do with Capitalism. About starting your own company and exploiting others to survive that's objectively not true, atleast not in the first world Capitalist countries, much less in the U.S. where holding down a job, graduating from high school and not having children out of wedlock is statistically proven to almost absolutely get you to middle class unless something terrible happens to you. Starting your own company is also not the only way to be successful.

I love the part when the cop stops the guy from stealing the apple and then the cop steals the apple

@andrewabbott9496

3 жыл бұрын

Jesus fuck thank you cause that made me pause the video and I'll be damned but that's the first comment I see.. cop stealing the stolen apple.....

@deltasquad8817

3 жыл бұрын

Nigga it's just an apple 😂😂😂

@user-zl1fi8se3h

3 жыл бұрын

That sounds like a metaphor of taxation

@taxevader7613

3 жыл бұрын

@@user-zl1fi8se3h which is theft

@Bruh-fc7ik

3 жыл бұрын

@@taxevader7613 based

5:45 Sudso and fudso then team up and beat the tiny competitor out of the market after sending thugs to break his knees, stopping him from competing with them

@mr.ocelotguy8995

Жыл бұрын

Sending thugs to break people's knees is very much illegal, monopoly laws or no

@nandohenriques2975

Жыл бұрын

@@mr.ocelotguy8995 Who's gonna stop me? The police whose chief I bribed? (the police was operating under the profit motive)

@johncaccioppo1142

4 ай бұрын

@@mr.ocelotguy8995 It's only illegal if you get caught and only a hinderance if you can't afford the fines.

@flyingspinners1

Ай бұрын

@@mr.ocelotguy8995they use other means to crush the competitor

This story ironically shows how incredibly meaningless the pursuit of wealth is: Fudsy wants an easier way of making soap for the sake of having more time to fish, but ends up having his whole life revolve around the accumulation of wealth without ever getting the chance to do so.

@noobpro9759

Жыл бұрын

I mean it kind of simplifies the personal life aspect of it a lot but usually this kind of behavior includes going out now and then and meeting people. You can’t be a complete recluse like it’s depicted here.

@girlykyuu1185

Жыл бұрын

Exactly what i was thinking! When in those years of hard work did he ever accomplish his goal of fun?

@arcanondrum6543

Жыл бұрын

"I said money, money changes everything. It's all in the past now, money changes everything." - Cyndi Lauper

@tygonmaster

Жыл бұрын

@@girlykyuu1185 There in lies the irony of money making. You can have all the money in the world, but money is useless unless you use it for something.

@lamper2

Жыл бұрын

@@arcanondrum6543 The Brains wrote this song

So, his wife married him because he was a successful businessman. Sounds healthy.

@ronnickels5193

3 жыл бұрын

Money makes everything better.

@AdanyKai

3 жыл бұрын

@@ronnickels5193 but not your happiness.

@oswaldrabbit1409

3 жыл бұрын

Marriage doesn't have to be built on love, just mutual respect.

@hakimdiwan5101

3 жыл бұрын

Looks real life scenario to me.

@thomaskristensen4679

3 жыл бұрын

Actually he imported one from Slovenia!

Aah, the naive optimism that government will always prevent monopolies...

@Zhou454

3 жыл бұрын

The truth is that it is the government itself that creates monopolies.

@afgor1088

3 жыл бұрын

@@Zhou454 [citation needed]

@adonisparts1343

3 жыл бұрын

@@afgor1088 US healthcare, look up CON laws

@afgor1088

3 жыл бұрын

@@adonisparts1343 1. Already know about them, I reallllly don't think you know what they do 2. Now explain standard oil, Google, Amazon, shipping and air freight

@adonisparts1343

3 жыл бұрын

@@afgor1088 Lmao what do they do then?

The funny part about this cartoon is that it insinuates that these companies who fix prices can be beat out by a competitor rather than just buy the competitor and monopolize... you know... like real life.

@eclipse2126

2 жыл бұрын

but the video mentions government is to act as failsafe, preventing monopolies

@BJ52091

2 жыл бұрын

Companies can't fix prices and get away with it without interference from the government, via special privileges (e.g. franchises, subsidies, regulations) or legislative actions forbidding the use and/or sale of goods and services from competitors. Without government assistance, it would be impossible for a would-be monopolist to set and maintain his prices and production policies independent of the rest of the economy. If he attempted to set his prices and production at a level that would yield profits to new entrants significantly above those available in other fields, competitors would be sure to invade his industry and he would be certain to go broke.

@NoNo-st9bb

Жыл бұрын

@@BJ52091 How do you think governments came into power in the first place?

@abdolpix4581

Жыл бұрын

At the time industries were highly regulated and monopolization was unlikely. We are in the age of accumulative deregulation. That's why monopolization happens.

@SatanRomps

Жыл бұрын

Whaaaaat? But governments will step in like rhe cartoon says! No way something like Disney owns most of everything! /s

I love how the devil in this is evil more because he didn't turn a profit long term

@nominatorchris5591

Жыл бұрын

he is, should've followed supply side jesus's way and made a stable profit over many years

Except once the two big corporations decide on price fixing, a small fry business would never be able to afford to sell their soap at a lower price. Imagine a startup trying to undercut Amazon. Itd either never get off the ground due to impossible overhead, or be bough instantaneously

@thehmc

2 жыл бұрын

Because of the government. It's government regulations that crush the little guys and benefit the big guys.

@BJ52091

2 жыл бұрын

Not the corporations' faults. Price fixing without government backing is a self-destructive practice.

@jankoleon3785

Жыл бұрын

I mean, there aren't just stores like Amazon and Walmart though. There is Target, Costco, Kohl's, Best Buy, Big Lots, etc. Just because major corporations are in a different league than small businesses, doesn't mean there isn't still competition within those major corporations

@sabin97

Жыл бұрын

@@BJ52091 please explain. there's no government regulations. apple and samsung decide to both sell their phones at the same price. how exactly is that self-destructuve? competition is the antithesis of profits.

@DeusExDraconian

Жыл бұрын

@@sabin97 My preferred example of how the government ruins competition is septic tank installation. What does a guy need to sell and install a septic tank for a client? A shovel, a prefab septic tank and a wrench. What the government says he needs: a yearly training course. Registering an LLC for taxes and an address separate from his home. A business license, wherein your big business competition sits on the board, thousands upon thousands in insurance liability, environmental compliance training, health and unemployment insurance, certification in any machinery you are expected to use, insurance for that backhoe, a truck to transport said backhoe. A permit for EVERY installation. Inspections of your installation before and after which turns a 1 day job into a 3 day job. A large business can eat these costs easily while the little guy trying to muscle his way into it gets crushed. Thanks to big government and big business tag teaming the guy.

Lol when the lower prince soap comes along the monopolist will just buy them off. Just as Facebook did to Whatsapp and Instagram.

@randallwalkerdiaz1002

4 жыл бұрын

They can't buy out all the competitors when they jack up the price.

@SusCalvin

3 жыл бұрын

It varies with industry. There's industries where it's not possible for a bloke to start from nothing at the moment. Investing in something like a luxury cruiser requires that you can already put up capital and manage some risk.

@hakimdiwan5101

3 жыл бұрын

You are saying like FB put gun on head of Insta and WA. Those apps sold themselves willingly to FB.

@robmckay5700

3 жыл бұрын

So the owners of Instagram sold the business for more than it cost them to start it... 👍🏻

@thomasbh5223

3 жыл бұрын

it would be too expensive to buy a monopoly

I like the part where Freddy pays his taxes

@the8626

Жыл бұрын

yeah, it was the funniest joke in the video

"the government steps in to prevent monopolistic attempts" Uh huh...yeeeah. These days they just issue huge amounts of new debt to bail out lenders on the shoulders of the taxpayers and give the corporations tax CUTS. Taxes on the top 2% were 80% when this film was made. Oh, the irony.

@Zhou454

3 жыл бұрын

Yes the tax was 80% but no one has ever really paid that much.

@darkroom3116

3 жыл бұрын

Zzz GOD zzZ that’s right, they actually invested it in wage growth and jobs instead of stock returns....which was the entire point.

@AryanSingh-ru8lg

3 жыл бұрын

what do high personal income tax rates have to do with corporate taxes?

@melvinklark4088

3 жыл бұрын

People didn't pay anywhere near the full 80%

@darkroom3116

3 жыл бұрын

@@melvinklark4088 right, so where did they invest it? There were no “safe-space, no-risk, Fed-backed” stocks back then like there are now. They used it. Now they don’t. They let it sit instead of putting it to work. That’s how we ended up reliant on China to provide what we no longer produce to keep wages low and it backfired with a massive wage gap.

Freddie just looks progressively more tired and miserable

@beaconhousepechsfilm-makin8187

2 жыл бұрын

Greed

@henri7571

2 жыл бұрын

Thats called getting older

@michaeljosephjackson2364

Жыл бұрын

Because working too much affects the health He did all in his youth

Dammit, Baby Boomers. WHERE'S MY JET PACK??

@raccoonmcbandit1692

6 жыл бұрын

jgwest1 they spent it into medicare

@scooprussell930

5 жыл бұрын

Jet packs are outdated, we are in on quantum bit technology now. No need for a jet when you can teleport

@gussstavo

3 жыл бұрын

You can buy one you just have to work to pay it you lazy bum

@blankblank5409

3 жыл бұрын

@@scooprussell930 ZOOOOOOOOM

@lordalpharius5928

3 жыл бұрын

@@scooprussell930 the only thing that teleporting is my income. Why do I want a jet pack? To sore in the air without gliding in mountains. Also teleportation is the thing that will kill the airline industry, regulating planes to the same treatment as trains.

And the moral of the story is that Fudsy only wanted to go fishing but his great idea grew into such a monstrosity that fed off of his greed that he spent his entire life chasing that Almighty dollar and never really did get to go fishing.... All that money and no happiness...

@beaconhousepechsfilm-makin8187

2 жыл бұрын

Whats the point of money if u cant spend it

@BJ52091

2 жыл бұрын

It's a producer thing. You wouldn't get it.

@jankoleon3785

Жыл бұрын

Congratulations, you completely missed the point of the video

@Richardzmaxdragway

Жыл бұрын

@@jankoleon3785 and you completely missed the entire point of the sarcasm

@abbbbbbb4482

Жыл бұрын

How do you know he isn't happy?

They forgot the part where Fudsy broke up strikers looking for decent wages and workman's comp. Plus there's a hilarious amount of oligarchies in US business it's ridiculous.

@TOFKAS01

Жыл бұрын

Its also funny to see that they never mention unions or worker-organisations in these series of cartoons.

@seanemery1917

Жыл бұрын

@@TOFKAS01 That's the idea. Unions and Worker-Organisations are part of the Commies

@jankoleon3785

Жыл бұрын

Or, they can work there way up to a higher position with better pay instead of expecting more money right off the bat. And the only oligarchy is the U.S. government.

@jankoleon3785

Жыл бұрын

@@TOFKAS01 Or, they can work there way up to a higher position with better pay instead of expecting more money right off the bat. And the only oligarchy is the U.S. government.

@TOFKAS01

Жыл бұрын

@@jankoleon3785 How naiv... No wonder that quiet quitting is a thing today. You can work your ass of today and never get a raise or a promotion today.

Freddie became a Capitalist to escape Capitalism.

@m.michael9998

3 жыл бұрын

So, wanting to have fun = wanting to escape Capitalism? Interesting

@Nonamearisto

3 жыл бұрын

He had to buy the fishing rod and if he wanted to sell the fish, he probably could.

@chickenflavor9880

3 жыл бұрын

That makes no sense

@sorzin2289

3 жыл бұрын

That's a sick joke if there ever was one.

@firaxolegirein9816

3 жыл бұрын

@@chickenflavor9880 , it makes perfect sense

it seems especially funny today, when whole market belong to three companies

@abbbbbbb4482

Жыл бұрын

Which three would that be?

@vimax3858

Жыл бұрын

Nestle, Apple and Amazon. Nestle itself owns more than 50% of all fresh food production companies in the world.

@mr.ocelotguy8995

Жыл бұрын

@@vimax3858 switzerland moment

@donttreadonme123

Ай бұрын

@@vimax3858switzerland moment

Poor dude, all he wanted was to hang out and do fun things with his time and he ends up wasting his life making soap, the one thing he wanted to escape so he could enjoy his free time. Now he's locked into a life time of unending responsibilities and liabilities when he could have just gone fishing and enjoyed his free time. The most depressing part is where he takes 10 years wasting his youth to make a slightly more marketable form of soap.

@randallwalkerdiaz1002

4 жыл бұрын

Lol! There were better entertainment options when he had the choice.

@Rokiotop900

4 жыл бұрын

And balding, iugh

@brad349miller

3 жыл бұрын

Someone has to produce the food you’ll want to shove down your throat and I’m not going to be forced to do it by ANYONE so you can just hang out and do fun things for ten years.

@matthewbittenbender9191

3 жыл бұрын

I love how these old propos give the whitewashed idealistic version of capitalism. The average person after WWII didn't understand anything more than the "American way" but didn't realize that corporations have always tried to skirt paying the taxes that build communities around them. When they're powerful enough they just buy the politicians that allow them to stifle new competition that would grow the economy, drive innovation, reduce costs and create newer jobs by forcing newer and costlyregulations while lobbying for subsides and recided taxes to that "they aren't forced to move to a cheaper zip code or country to stay competitive."

@m.michael9998

3 жыл бұрын

He made everyone around him better off and helped create wealth so other people can go and have fun... If thats wasting your life then I believe everyone should do their best to waste as much of their lives as they can.

0:28 And that's when Freddy decided to become a cryptobro. He went on to promote his own meme coin on social media and, 20 years later, his net worth rose to -$178

if only life was a cartoon where evil was always punished and decency triumphed but alas people suck

@firaxolegirein9816

3 жыл бұрын

"Evil" Is barely clear It was not clear back then Not clear now

@sakmadik69420

2 жыл бұрын

Well fictional stories doesn't always have a good ending so......

@BJ52091

2 жыл бұрын

True. If only the laws were as objective, as clear, or as consistently enforced for businessmen as they are for criminals. As it stands, businessmen don't get any kind of justice in a mixed economy. Make the laws objective, separate state and economics entirely, watch justice prevail.

@tup4443

Жыл бұрын

I mean, evil wouldn't exist if it didn't have a benefit

@johncaccioppo1142

4 ай бұрын

And corporations paid taxes

this video: you cant have a monopoly because the free market will bring a new competitor. monopolies: i buy my competition

@BJ52091

2 жыл бұрын

monopolies: can't wait to set my prices and production policies independent of the market, with immunity from competition, flouting the law of supply and demand! monopolies: wait, where's the government to fund me to buy out my competitors? government: ... monopolies: shit, guess I have to earn my monopoly on merit, by providing a better product at a competitive price in a free market.

@emiliouchila

2 жыл бұрын

@@BJ52091 the competition: we are selling a good quality commodities. Monopolies: I can make the same product and sell it at a loss because I have the capital that the government gives me every time I need a bailout and soon we will run you of the competition. Competition: that’s ok we will demonstrate that our product is superior. Monopolies: no you won’t I already launched an aggressive campaign of ads against your product and I also own the market where is sold and the ones I don’t own I have exclusivity in exchange for a small amount of the profits. The average consumers: this is very anti-consumer it should be disbanded and it should be punished. The government: I hear you but we need to tax you more to subsidize the monopolies. Idiots: monopolies are not real it’s all merit.

@BJ52091

2 жыл бұрын

@@emiliouchila Thanks for elaborating on (and, I think, inadvertently proving) my point. As long as the government meddles in economic affairs, companies can rise and fall due to government coercion rather than due to the law of supply and demand. History supports us both on this. The solution is more capitalism, not more socialism. Separate the state from economics, coercive monopolies disappear. On a related note, I suggest refraining from calling anyone idiots when you want them to consider what you have to say. If you're serious about ideas, let's hash them out, not fling verbal poo.

@emiliouchila

2 жыл бұрын

@@BJ52091 oh but is idiotic that I have to explain how capitalism creates monopolies. It’s literally on the word. The power is held by those who has the more capital. It should be called monopolism since that is the endgame. Another reason to call someone an idiot is when they confuse socialism with what capitalism does. You literally did the stupid people that don’t know about government or economics trope. “Socialism is when government does something” Let me guess you think that the free market is self regulated by nature? If that is the case that is a s much fiction as communism. I take absolute no pleasure in calling someone an idiot specially in an age where information is abundant and on your face all the time. It’s sad

@fakeorchestra4260

Жыл бұрын

@@emiliouchila "Socialism is when government does something" it's funny that you mention that because that's still a better definition of socialism than any socialist ever gave. You also have no right to mock that seeing that you still use the term of "Capitalism" which in itself comes from socialist strawman arguments (Fun fact, the word "Capitalism" was never actually used before socialist writers invented it) As for free market being self-regulating, yes it is, the problem is that a pure free market is just as unachievable as communism, though you can get far closer to that because "Free market" is actually a properly defined ideal unlike communism. I do agree some sort of interference to break up monopolies is necessary, as a system which does not centralise power is in short: impossible. But it's funny that you say that the self-regulation of free market is a complete and utter fiction when it has fared far better on the front of decentralisation of power, wealth and resources than any other system. The moment when socialist/communist systems were actually tried, they always devolved into monopolies of power, wealth and resources in the hand of the government. Also, calling people idiots just makes you look like a smug asshole too entrenched in his beliefs to consider that there are facts you might have missed or that your assumptions might be wrong.

2:41 , Police in Cyberpunk 2077 .

The whole fishing thing reminds me of the story of a Wall St executive vacationing in a small fishing town in Mexico. He talks to one of the locals and asks him what his day is like. "I go out, catch enough fish to sell at the market, have lunch with the wife and kids, have a siesta, then go into town and play music with my amigos." The executive said "If you stayed out just a little longer and caught a few more fish, you could buy a bigger boat and higher some people to help you." "And then What?" "You could take those profits and get a fleet of boats." "And then what?" "You could go public with an IPO, and then sell off you shares for a ton of money." "And then what?" "You could spend the rest of your days having lunch with the wife and kids, have a siesta, then go into town and play music with your amigos!"

@KrazySycoMuffin

Жыл бұрын

in american markets you'll only get attacked by predatory short selling hedgefunds who will make billions as you drown, and everyone with your business. which brings us to crony capitalism. welcome, it's hell

@Ash-dd3kx

Жыл бұрын

The executive then sent his thugs to create his own fishing company, over-fished the area to the moon and back then broke the knees of any of the fishers who protested. Then there was no music or fiestas. What an angel 😇

@TheEyeball37

Жыл бұрын

What about providing financial security for your kids and their kids and their kids down the line? You're forgetting that.

The stolen apple was "confiscated." 🤫

The flip-side of the profit motive: "If I don't make profit, I'll die". Is that really the best or only way to motivate people to work for a high-quality benefit to society? Utter fear of poverty and death is the ONLY motive we can come up with?

@fakeorchestra4260

Жыл бұрын

It's not us, existence itself pushes that motive onto us even if we don't want it. The universe is actually quite hostile to our existence and things used to befar, far worse. The fact that we can enjoy any sort of free time today is a luxury provided by society.

@URProductions

Жыл бұрын

Correction: If nobody produces, everybody dies. Free markets offer a system where you are rewarded directly for what you produce. And therefore more production gets done, and everybody benefits.

@URProductions

Жыл бұрын

@Russ Ingram There's a reason for that, and it has NOTHING to do with the Free Market. If you look closely at the charts, production, wages, and living standards all rose hand-in-hand right up until about 1970. What happened around 1970? First you had the expansion of the welfare state in the late '60s - and all its corresponding tax increases. You also had the expansion of military industrial complex with Vietnam. Finally, America (and correspondingly the rest of the world that uses the USD) went off the Gold Standard in 1971, freeing up Government to print as much money as they want, causing massive inflation. Between all of these things, you get exactly what you just said. A decline in living standards while worker productivity continues to increase.

@URProductions

Жыл бұрын

@Russ Ingram Inflation doesn't effect wages? That's an odd claim to make. Inflation is not prices going up. Inflation is the value of every dollar going down. It's like if you made a ruler with 15 inches, but it was still only a foot long. The only way that makes sense is if the inches are smaller. With inflation, you have the same amount of goods and services, but more dollars circulating in the system. The end result is it takes more dollars to buy the same stuff.

@URProductions

Жыл бұрын

@Russ Ingram Actually, that IS the point. The value of the dollar goes down, but your nominal wage remains the same. Ergo, you have less buying power. Comprende?

6:04 unless the government is either bribed or the companies that are monopolies are too big to fail because they are being dependent on by the government itself to remain stable in the economy

Tell that legal monopoly thing to Apple XD

@LLMood

4 жыл бұрын

Or Amazon or google or Facebook

@zereimu

3 жыл бұрын

@@LLMood But amazon works with many other companies to sell their products, they aren't the only store online, they just offer better costumer service and are better at it than others, they deserve the money they make. Google's success is entirely because people choose them over other search engines, again because they do it better, even if they put up with their political meddling, same thing with facebook, being successful and the best at something is not a bad thing. Apple also doesn't have monopoly in electronics, they get surpassed by other companies like Microsoft in almost every way sometimes, that's competition. There is nothing wrong with success, not that you suggest that, but the fact is that we had demands and they fulfilled them and the less people support small flexible innovative businesses the more they grow. And heck even then I compete with big businesses by doing delivery and doing installations with electronics at the moment for example, you'd have to wait for a week to get your xbox fixed with Microsoft, but I'll go to your house, meetup with you or you can come to my house and I'll even give you M&Ms while you wait if you have to at all. update: oh that was a 7 month old post, I necro'd lol

@Pixel5564

3 жыл бұрын

Apple has competitor

@usmanyounas5181

3 жыл бұрын

A single competitor doesnt it's not a monopoly and just because the Google pixel 2 exists doesnt make it a competitor

Now they sent all production to China. And if you buy a shorted stock they'll stop trading to individual investors.

@Encryptsan

3 жыл бұрын

Production went to China because of the profit motive funnily enough. It's a market with a large supply of available labour which is purchasable at a much lower cost. That's why 80% of the US economy transitioned into a service-based economy, in which high-skilled or location-based jobs are the main drivers of job creation. An advanced economy shouldn't need to be slaving in a sweatshop to make money, the whole point of an economy is to offload physical labour to machines while human workers do more advanced or creative work.

@nolimit4117

3 жыл бұрын

Just like they did with GameStop

@mgabrysSF

3 жыл бұрын

@@Encryptsan then they started sending that service economy to India. Oh... that.

@Encryptsan

3 жыл бұрын

​@@mgabrysSF When I say "service economy" I'm not literally talking about customer service representatives. Remember, customer service representatives don't make money for a company, they just exist to address complaints, and are therefore a net drain on a company's bottom line. A "service based economy" means either highly trained experts providing services to businesses or individuals (either financial, technical, logistics, project management, software, IP, design, consulting, or, well, a buttload of other things), or it could also mean physical location-based services like cooking, building, maintenance, or anything that requires a worker to be in a specific location. Services make up 77% of the US economy, so it seems to be working out fairly well.

@mgabrysSF

3 жыл бұрын

@@Encryptsan Yes - software, website design and UI/UX has been outsourced to India - for decades in fact. What - you think I was only talking about call centers? Really?

I like the part where the protagonist says "It's soapin' time." and proceeds to soap all over his competitor.

@wewillwin24

Жыл бұрын

With great soap comes great responsibility

Economics 101 - free market works. Business only profits when it helps or pleases people in the society- the more it can please or help, the richer it gets. Capitalism Manifesto.

@Ash-dd3kx

Жыл бұрын

Because us consumers have oh so much power as is 😶 The fuck you smoking?

2020 and no kids with jetpacks.

@wewillwin24

Жыл бұрын

Still I know.. total bs

In the context of the current-day USA, it is funny to see, how this cartoon talks about the benefits of taxation, and the public services the government can provide for this money😏 I mean... For me, as a German, this is basically common sense, but for many contemporary US-Americans - not so much, as far, as I know...(( *I am not trying to insult US-Americans, or their national identity; just an interesting observation😇

@sonicmastersword8080

3 ай бұрын

We do not like taxes for a reason-the politicians are not honest anymore with what they actually will use them on. The alternative is to replace public services with private competition, which works remarkably well.

Thanks for uploading these. It's very interesting to get a look at the ideals of these time periods.

@vkgiotis

6 жыл бұрын

I don't think that the fundamentals have changed today. The most innovative products and services today are developed in this method. . For example the iPhone or the equivalent Samsung product are very innovative and their development and sales are driven by this philosophy of producing something great that people will voluntarily buy.

@spencerjames9417

5 жыл бұрын

@@vkgiotis lmao you are a sheep to propaganda. Your comment proves it

@vkgiotis

5 жыл бұрын

@@spencerjames9417 you are not making an argument nor do you make sense. What propaganda and what proof are you referring to?

@smilesface3741

3 жыл бұрын

@@vkgiotis that MF is a pro-lazy propaganda (a.k.a communist). You shouldn't talk about basic economy to them.

@sabin97

Жыл бұрын

what's even more interesting is that there are STILL people who hold those "values".....

That isn't how monopolies works.

@beaconhousepechsfilm-makin8187

2 жыл бұрын

Then how do they work ?

@jankoleon3785

Жыл бұрын

It really does

where is my cut

Sadly two or so big companies holding a majority rarely hurts them. Yes if you charge double the fair price with your monopoly it just takes one upstart to shake things up (assuming they can break that mold) but also people will just buy what they're familiar with. The real aim is to remove direct competition, your brand handles one territory or niche and theirs promises not to step on your toes. I agree people should be allowed to privately own and profit from their business to help it grow but there's got to be some oversight too.

@lmy2366

Жыл бұрын

Companies don't have complete pricing power. If a monopoly artificially raises prices, what stops a competitor from entering that market? Lets take the example of railways: a railroad to a remote town is owned by a large railway company. This company decides to raise transport rates because there is no other competitors. Our first problem appears: competition. Now that this particular railroad is very profitable, competitor railroad companies start buying up nearby land to perhaps open up a rival road (to capture this profit). This then forces our monopoly to lower rates, so as to make such an endeavour less appealing. Meantime, our second problem: decreasing demand. Consumers have now decided it more profitable to use some other service, namely; driving a car, or airplane travel, or boat travel, or whatever other means of transportation. There is now less demand for the railroad service and thus people are no longer using your service (less profit). There is also rationing, however this doesn't apply here. Thus monopolies in practise never work: there is always competition or diminished demand due to higher prices.

@PURENT

Жыл бұрын

@@lmy2366 Consumer centric business models completely destroy expected economic behaviors. So a new competitor can easily fail despite offering a better product for a better price. Some models lock the consumer into an service ecosystem that is too valuable to give up, some provide far greater convenience and versatility, some provide a plethora of additional services as benefits. Amazon is a key example. You start off with Prime just for free shipping, then they offer Prime Video, Prime Music, Prime Reading, etc. It's a hard pass to go from this to say Alibaba or Walmart online even if they were to offer cheaper goods and free shipping. Apple is a different example. Despite Windows/Android OS products being substantially cheaper and more versatile, Apple products still sell in large numbers at a significant premium. It owes it's original success to a marketing strategy, but it's continued success is because their OS is an ecosystem that connects seamlessly between each of their products, and if you were to switch to Windows or Android you pretty much have to start over. That intimidates consumers from making the switch even if making the switch has more economic value.

@lmy2366

Жыл бұрын

@@PURENT "some models lock the consumer into service ecosystems that are too valuable to give up" so you are saying such systems are more profitable to use for consumers? It's value analysis. If the long term costs of a service overwhelm the short term benefits relative to an alternative, then the consumer will switch services. In the case of Amazon, it still beats Walmart in terms of price and is still one of the cheapest online retailers. That lead is narrowing, however they could not have expanded and continue to expand their market share without offering the better deal, despite your claim of that being otherwise. In the case of Apple and their ecosystem: you will find in a detailed analysis of value that Apple products are simply superior for consumers prefering quality over price. Also, the fact that American consumers purchase a new phone every three years details very much that consumers wouldn't be unwilling to sacrifice short term benefits over longer term ones.

@PURENT

Жыл бұрын

​@@lmy2366 Nope. I'm saying the expected behavior of participants in a market economy does not reflect actual behavior in reality. This is mainly because humans exhibit irrational and inconsistent behaviors: loyalty, emotional decision making, sunken cost and other fallacious thinking, and downright stupidity. I see you're already voicing your opinions about the companies but didn't really address the points I was making. It's not necessarily cost-better for consumers to use, it's merely convenient to have all your services tied to a single account. It may be cheaper to simply avoid Amazon prime and use alternative services that provide TV, music, and reading. But managing an account to various companies is more of a hassle than a single company. Apple products simply aren't better than other products, they are only perceived that way due to marketing strategy. Let me remind you that Apple is currently selling proprietary caster wheels for $700. Here's a final point for you. In the 1980s A&W created a 1/3 lb burger, larger than McDonald's 1/4 lb burger and sold it for the same price as McDonald's. Buyers go for the most value right? Well the A&W burger struggled to sell, focus group studies found that it was because the majority of participants believed the McDonald's burger was bigger due to poor mathematical literacy.

@lmy2366

Жыл бұрын

@@PURENT "humans exhibit irrational behavior" No one claims that consumers are all perfectly rational all the time, rather the claim is that individuals are in a better position to further their own self interest than anyone else. Would you trust the government to make decisions in your stead, to decide on your behalf what you purchase? Of course that is silly, so our imperfect system will have to do. Amazon is cheaper than competitors, and if it wasn't; it wouldn't get any business. You say the other services Amazon offers constrain rational decision making. But if such services had no economic benefit to the consumer, why would they purchase them? Your point isn't a point at all as you haven't actually proven scientifically that Amazon is more costly than competitors. Lets say you earn $5,000 of income a year and use an Apple product. Lets also say another person earns $50,000 and uses the same product: do you both derive the same utility from the usage of it? Why is it Apple caters to the higher end of the market? Because consumers whom earn a higher income derive more utility from their products, and so they can afford the dearer price (yet higher quality). "Build a better mousetrap, and the world will beat a path to your door" if only it were that simple. Companies still need to advertise their products to attract customers. No doubt the example you listed was poor communication with the customer. But just beat the path! If only first you knew how to find it.

Who's here for online school since the virus?

@alfaswim7273

4 жыл бұрын

me,university

@nahuelkid

4 жыл бұрын

Studying neoclassical econmics, wanted to see how it was protrayed.

@schnitzelberry

4 жыл бұрын

I am. But I'm here because I actually want to know. I'm a nerd lol

The guy flying around reminded me of today's wingsuit flyers. They can fly to any location they want.......as long as it is at the bottom of a mountain.

3:44 - 3:50 it's the opposite now. Everything cost more for less or the same. Small bottles of soda were $1.25 at one point. Now they're hitting $3. Nothing changed either, it's the same amount as before

@IncredibleMD

Жыл бұрын

The government printed more money.

@MannyKunV

2 ай бұрын

@@IncredibleMD im starting to understand that now. well i mean, ive heard and seen it but i think it took the conditions things are in now for people with a small brain like me to finally see the effects :\

@IncredibleMD

2 ай бұрын

@@MannyKunV Eh, realizing it at all has still put you leaps and bounds above the average person.

@MannyKunV

2 ай бұрын

@@IncredibleMD ehhh i feel lame doe. like i saw and knew it was happening but didnt think much of it till it got to where it is now. kind of like, when u dont go to the dentist for a routine. u know and see the happenings but when u finally work up the nerve to go. ur teeth are in worst condition than u thought despite brushing every day xD

@IncredibleMD

2 ай бұрын

@@MannyKunV I totally get what you mean, but it's easy to discount it when it happens super slowly. When this cartoon was made, 76 years ago, that bottle of soda would probably cost you ten cents, but here you are waxing nostalgic about a price twelve and a half times that. But that inflation happened over the course of 76 years. When I was in my freshman year of high school, a bottle of soda cost about a dollar. When I left high school, that'd same bottle would probably run me about... about a dollar. Even though four years had passed. Fast forward a decade latter, and someone who is a high school senior now is probably paying twice as much for a bottle of soda than they were as a freshman. It's easy to ignore a routine cleaning when everything seems fine, but some people are coughing out teeth and still saying they don't need to go to the dentist.

In actuality instead of prices continually being lowered because the manufacture of soap becoming cheaper and both companies lowering prices to get customers, Fudso decides to raise prices to match Supremo and then blame their price gouging on supply chain issues...

@vylbird8014

4 ай бұрын

More likely Supremo just acquires Fudsy while they are still a small startup, before they grow enough to be a threat.

"Increased taxes helps fund, street, parks, play grounds and water works..." Oh you poor simple fool.....

Except that one thing many economists missed in the past is consumers are not perfect logicians and won’t always make perfect decisions to pick the product with the best value offering.

The music in this feels straight out of a Walter Lantz cartoon at the time. I wonder if Darrell Calker created the score for this one.

This is somewhat accurate regarding a growth economy such as we had in 1948. No doubt some people thought it would last forever.

@thewingedhussar4188

2 жыл бұрын

Agreed, now those companies that got so large just buy the small competition or bully them into bankruptcy. An just buy out politicians. They deregulated everything so much that now we entered another gilded age for the ultra wealthy but leave everyone else in the dust. Minimum wage hasn't gone up at all since Obama. An that was after 30 years of stagnation. Cost of everything else has gone up all the while.

@mr.ocelotguy8995

Жыл бұрын

until the government decided to start interveneing

@jpineapple9495

Жыл бұрын

@@mr.ocelotguy8995 Do you mean things like Trump sending out billions in free covid checks to everyone? Or the intervention when Bush spent billions on war? Or the intervention when Reagan changed rich people taxes from 70% to 38%? What intervening do you mean?

@mr.ocelotguy8995

Жыл бұрын

@@jpineapple9495 Yes I do indeed mean those things as well. The GOP is very much as guilty of socialist intervention as the DNC as both parties today are practically the same

It's 1948 and I can't think of any time capitalism has failed this country* *my memory only goes back ten years

"High wages" lmao ...at a soap-making plant??

@guyver441

Жыл бұрын

You can really "clean up" as a soap factory laborer!

>this is what Libertarians actually believe topkek

5:40 doesn't happen as easily anymore!

Simple industrial economies can work like this. Complex, service based economies plus globalization, where we don't have strong institutions to keep the devil off our desk, don't seem to as well. It's also amazing how much better capitalism worked for people when the owners were worried about their workers becoming socialists......

@strafniki1080

2 жыл бұрын

i am not anti capitalism but i care for workers rights

@jankoleon3785

Жыл бұрын

Well, the vast majority of young people identify as socialist now. But the difference is if you go out of your way to hate the people that are allowing you to make money in the first place, then they won't have much of a reason to care. Also, this is a cartoon that just gives you and introductory understanding to economics.

@jankoleon3785

Жыл бұрын

There are obviously other factors, but this isn't exactly an economics professor lecturing a class about capitalism.

@sirellyn

Жыл бұрын

The only thing stopping economies working like this is regulation, and (semi) sound money. It's literally happening right now in places like Dubai, which was poorer than it's neighbors less than 30 years ago. It's happened in Singapore, South Korea, early 2000's China, and parts of Africa like Botswana. The only thing that's amazing is how Communism can fail, and fall into hell in country wide experiments over 60 times in the last 100 years and people still cling to it. While the same simple formula for capitalism (low regulation/low gov ownership/low taxes/secure property rights/sound money) STILL WORKS in nearly every instance, and socialists can't fathom how it happened. I'm amazed how captured our education system has become.

@brymht

Жыл бұрын

@@sirellyn The "Low Regulation" part is tough. "Caveat Emptor" can be a real problem in low regulation environments. For instance, in the early 20th century, women used to paint Radium on watches and other objects; often licking their paint brushes for moisture. Even after the danger was known and people were dying in poverty the company tried to avoid all culpability. Less regulation absolutely encourage more economic development; but the side effects on people and the environment can sometimes be catastrophic. :( Adam Smith even said that Capitalism needed a moral compass to work in society.

2:21 - I love how he shuts the door while stuck to it.

Cooperation > competition. See Alfie Kohn's "No Contest". (Also, "capitalism" is an alias for "competition".)

What a mad lad.

Sad to see how people get less and less sceptical of government. Loved the cop that stole the Apple himself

I came here to confirm this was the source after being surprised to see 1:14 in an ad for this "cleancult" soap thing.

Do they have these cartoons on dvds?

high wages?! LOL!! Wow this IS old!

@wewillwin24

Жыл бұрын

You can thank China and an open border for the wages here.. Keep voting blue

I have consumed so much political and economic commentary from America without ever really understanding what built their ideology. Finally, I get it. This cartoon is stewing in the inner child of every Cato institute mouthpiece

Why didn't Fudsy just find a job that involves fishing?

2:13 mi parte favorita

If only the capitalism today is as optimistic as this short film because right now it's mostly crony capitalism i.e parler and the GameStop stocks incident but on the brighter side at least the internet levels the playing field for entrepreneurs unless it goes against big tech's interest *cough* *cough* Parler *cough *cough* Brave Browser.

@PURENT

Жыл бұрын

Parler failed because they were a Twitter clone meant for a very specific political audience. There's no incentive for anybody else to use Parler because it doesn't offer anything new or unique to them. It also sucked for any non-American and non-politically motivated user because all you could see on the platform is American conservative politics.

@PumpedAaron

Жыл бұрын

"crony" capitalism? i'd just call it capitalism

All this seems hilarious in the world of lessening paychecks, a whole generation of adults unable to have a retirement fund, being able to buy a house and start a family. As well as pay being so bad one needs to work overtime and/or multiple jobs just to pay rent. To where vacations seem like a fun fantasy.

What is this "Time off" of which you speak?

@TOFKAS01

Жыл бұрын

Some socialistic stuff you wouldnt want in your life...trust me.

Is it just me, or is this less pro Laissez-faire capitalism than some of our main stream politicians? Government intervention, profits being reinvested in growth instead of endless buybacks, the market not being infallible (99 times out of 100), taxes being used for the community being a good thing and most importantly a better way of life for the children of tomorrow.

@falloutvermont

11 ай бұрын

As Milton Friedman said, you need to work long and hard to make the politically impossible practical, but a few crisis on the way, effective re-education institutions (think tanks) an accepted best business practice in economic sociopathic profit making schemes (chicago school etc), and you can turn a dream into a nightmare for most. greed & enthusiastic selfishness > sense of community, fairness or empathy

Yeah but it took him years and years of non-stop work before he even had the chance to go fishing again. This is pretty weak propaganda

@saramcmurtrie3955

3 жыл бұрын

Any man a better life for himself no long run he became a successful business man and gave millions people jobs

@saramcmurtrie3955

3 жыл бұрын

Not way it shows the true beauty of capitalism he chose not to go fishing again

Well... until the profit was the only thing that mattered to the companies and businesses and they didn't care about making better products or services or being more efficient in what they do.

1:48 this kinda looks like a TF2 map.

@Zenssei

Жыл бұрын

Alert! The enemy has taken the intelligence

6:21

american dream that does not exist

This was meant to win people over?

@TheAllSeeingEye2468

3 жыл бұрын

It kinda worked

@wewillwin24

Жыл бұрын

Ya.. most ppl weren't commie POS, because they likely escaped it if they were here around WW2.. moral of the story, go be a commie somewhere else

3:55 factorio in a nutshell

short history of latin american: start 6:37 inmediately. jump to 7:02 and replace. the "depositis" for "debts for minimun rights that the companies dont give".

well this aged poorly

@jankoleon3785

Жыл бұрын

Not really.

"Taxes paid out of profits". Boy, how times have changed. Now, taxes are paid by the working class while profits are funneled overseas. It only took capitalism a few decades to fail. And fail miserably it did.

@chickenflavor9880

3 жыл бұрын

Bruh we are still here nothing has failed.

@AmirSatt

2 жыл бұрын

Lol, then what is an alternative? Socialism? No. The reason why the purchasing power of american workers decreased was because of the hard labor competition

Soap... so it´s the beginning of P&G! I love that company and ofc their stock!

I like this!

Another corporate fairy tale

I wish capitalism really worked like this

@TacticalMetalhead

Жыл бұрын

It does. Don't mistaken Capitalism with Corporitism

@mr.ocelotguy8995

Жыл бұрын

@@TacticalMetalhead Not to sound too nerdy, but I believe the word you finding is corporatocracy. To explain the 3, capitalism is the private/individual control of the economy, corporatism is when the economy is controlled by corporations directly controlled by the state (see nazi germany, italy, PR china), and corporatocracy is when the corporations control or work with the government (see modern day USA)

@vylbird8014

4 ай бұрын

@@TacticalMetalhead But how does you stop capitalism turning into corporatism? You can try to tame it with a lot of regulation, but that's hard when the entities you are trying to regulate are obliged to fight against regulation to maximise their own profit. Politicians need donations to get elected.

Wow! So beatiful in the cartoon... 😔

Lovely picture.

lol A film about the profit motive that starts out by glorifying child labor classic

@beaconhousepechsfilm-makin8187

2 жыл бұрын

I was thinking the same thing. The least they couldve done was show him as a teenager

Fudso's employees all got paid so incredibly poorly, and/or tricked into uber-high-interest loans, and/or convinced to go on untenable finance on some item they didn't need, that a large portion had to go into deep debt, or poverty; Especially after that damning confusion where the insurance company gave HIM money for some reason. None of them had the opportunity, the money, nor the resources to start their own companies. The dream where price fixing didn't go amazingly well was quickly popped, as the price fixers realised it was incredibly easy to fix prices, and temporarily lower them just to push out any would-be competitors; while also paying off any governments who tried to intervene. The promise of increasing wages of course never materialised, as over the next decades the factor difference between employees and CEOs constantly broke its own records. The destruction of natural resources, and displacement of local businesses, ended with large amounts of corruption, both in corporations and the governments themselves, wherein the 'profit motive' only resulted in the biggest market of all 'lobbying'. It was at this point that poverty, unhappiness, and deaths from capitalism were plain, and increasing! But necessarily covered up, forrr profit! Goooo profit motive!

@d1ckstorm98

4 жыл бұрын

But at least we have cheap soap _Adjustes for inflation_ Dang it!

@MMoturi22

3 жыл бұрын

Nothing but facts were spoken here

@MMoturi22

3 жыл бұрын

@@MBasu-km8by The burden of proof is on you mate. Proof him wrong.

@MMoturi22

3 жыл бұрын

@@MBasu-km8by My parents lived in a time period where speaking ill on the president could get you arrested and tortured by intelligence agents if not outright killed. We've had people actually die from preventable famines because of a negligent government. Our country has identified as a capitalist state since independence if you're wondering🙃

@MMoturi22

3 жыл бұрын

@@MBasu-km8by Kenya. Why would you ask?

“The result is not what they expect” that’s because they didn’t lend money to the goverment and created their own monopoly which forced the smaller buisness to be bought by the monopoly to destroy the competition.

Create situations and needs, so that it is needed.

[Stand Master] False Portrayal of Capitalism [Stand Name] Unrealistic Combination of Benevolence and Wealth

...and then Ronald Reagan happened.

@GoogleGebruiker

6 жыл бұрын

He was an abomination

@Aegis---

3 жыл бұрын

@OutFoxingFoxysOrder lmao he deleted his comment

John Sutherland is the same guy who voiced bambi

The cop stealing the apple lmaoooo

“high wages” “hard work gives success” although the hardest worker gets paid less and the capitalists live in luxury

@LegacyCat386M

2 жыл бұрын

@King Pistachion ok gen z bad majority also i am gen z too but not dumb

@kylehankins5988

2 жыл бұрын

Wealthy people usually work a lot unless they have inherited their money, You can look at the data on hours worked and income

@jankoleon3785

Жыл бұрын

I mean, it depends on what you do and what skills you have though. A plumber, mechanic, or electrician or put in the time, money, and effort into going through and passing trade school is objectively going to make a lot more money then a fast food worker.

@joshwilson7736

Жыл бұрын

@@kylehankins5988 Wealthy people inherited their money, almost without exception. Nobody is getting rich through hard work. And you can't go by the hours people like Elon Musk report as having "worked." Every delusional billionaire describes themselves as a self-made, motivated hard worker who puts in 80 hr work weeks. In reality, their success has nothing to do with their work ethic and everything to do with the position they were born into a rigged system.

@sabin97

Жыл бұрын

@@kylehankins5988 that's a weird way of phrasing it. wealthy people usually work a lot less than poor people, specially if they have inherited money. you can look at the data in actual hours worked and income.

Even with the rose colored glasses, the film did mention some of the evils. The biggest monopoly is the government, let's see some competition there.

@rimfire8217

Жыл бұрын

Other Governments

@vylbird8014

4 ай бұрын

A government can't have competition - by definition, it has a monopoly on the use of force. The only way governments can compete is by by migration - if you don't like your government, you may be able to emigrate elsewhere. But not easily.

John Sutherland studios did a lot of these

Fudsy should have watched Citizen Kane.

I like how they casually introduce the idea of taxes, and then the cop, the product of taxes, just steals even more.

In real life they would have bought the cheap soap and raised the price up, or otherwise put him out of business

@mr.ocelotguy8995

Жыл бұрын

Once that cheaper soap gets bought, many more come in its place in the hopes that they can just get a bunch of easy money from being bought out which is a big drain on the money of the monopoly which forces the monopoly to either compete or go bankrupt

Lmao the factory worker has a savings account and PTO

In a quest to enjoy his youth, he lost it trying to perfect the soap

Better draw than soviets propoganders

These old videos are brilliant. It's too bad today's modern socialist generation are too fucking stunned to get it.

@wewillwin24

Жыл бұрын

The word is retarded, too fucking retarded

@MVA

Жыл бұрын

Bruh

@perfectplayingplaids

Жыл бұрын

So true. 😅 I’m fucked.

1:56 Should he be in his 70s?