There's also a systemic entrenched mentality preached to those wealth hoarders - "To have wealth like us, there must be few winners and an ocean of losers."

@baka_ja_nai

7 ай бұрын

It's not about mentality - this this basic logic and math. Wealth can be built up only by stealing from others.

@NocturnalDoom

7 ай бұрын

The one I hate the most is when they claim the only reason we want wealth distribution is because we’re envious. 😒 Suppose it makes sense, they’re so rotten they can’t imagine anyone not being like them. El ladrón juzga por su condición.

@niamhleeson3522

7 ай бұрын

They are right about that. But you can be much less wealthy, live just as comfortably, and have a better society to go out and live in. How many times have the rich complained about homeless people? My brother in Christ, take some responsibility for housing people if we make you so uncomfortable.

@drphosferrous

7 ай бұрын

Yeah, i see extreme disparities in prosperity as a socioeconomic failure but you raise a good point. People who see no problem with the disparities might say there's a kind of meritocracy at play and the will/ability to be in a higher bracket exist in all of us and that's an important driver of economic activity. I don't think that's a strawman argument because ive seen these sentiments put foreward in meaner terms alot online. Does there really have to be winners who win so well that all their decendents will be rich and powerful by default and losers whose daily life is extremely difficult and dangerous?

@drphosferrous

7 ай бұрын

​@niamhleeson3522 what if the richest made 20 times what the poorest did; with the richest just buying luxury goods but not political power or fire sector capital,and our brokest people had basic safety,food, water, and shelter but just couldn't buy things they want?

Individual consumer choices will not affect climate change in the slightest. A majority of pollution comes from 100 corporations and from the United States military. Paper straws won't save us, but bringing these corporations to heel would.

@WanderingExistence

7 ай бұрын

I agree that policy is needed, but who do you think funds those corporations? Consumers. This is not to say that consumers have total control on how to direct the market considering that corporations do a lot towards lobbying for subsidies and preferential regulation, but that consumers do have some choice, as well as creating policies to help change consumption habits can do a lot to redirect resources from these particular corporations. But this fundamentally means getting money out of politics, or else corporations and individual billionaires will control the direction of policy.

@vebdaklu

7 ай бұрын

​​@@WanderingExistenceActually, most of them deal witg governments, not consumers. Take Elon Musk for example - his biggest companies earn from exclusive government contracts (SpaceX and Boring Company) or giant government subsidies and the government given ability to sell "carbon credits" to other manufacturers (Tesla). They make very little from consumers directly.

@WanderingExistence

7 ай бұрын

@@vebdaklu Tesla is very different from Exxon, one of the corporate leaders in CO2 production...

@marcriba7581

7 ай бұрын

@@WanderingExistence "Voting with your dollar" assumes you have a margin of choice which only exists from the dwindling middle class and upwards. Even if we could, boicot campaigns can't actually counter big companies marketing and the majority's convenience. From the moment corporations worked internationally, they became inmune to individual whims, even organized nationally. Boicot is a radical form of ethical consummerism, which isn't ethical because for something to be ethical it has to actually contribute towards making an idea real. It's a few drops in the massive constant tsunami that this system is, enforcing it with the idea that "there's a way" and "we're doing our part". Even then, let's say we do it, "green capitalism": plans of going fully renewables means that now we have predictions of the very contamining lithium mining industry (which has already claimed huge areas of different global south's countries as "dead zones") needing to multiply by the thousands in order to fill the world with batteries. That's what capitalism does: if it isn't oil it'll be lithium, whatever it is we'll be doing at it absolute max possible in order to keep the economy growing, transfering more of the contaminating industries and the brutal extraction to the global south, then acting surprised by how we keep walking towards the apocalypse when our rich countries look so green.

@rhumal

7 ай бұрын

@@WanderingExistence thinking that the "consumer" has any economic power over the ruling class is naive. the "vote with your wallet" rhetoric is completely empty.

Not just since the pandemic. In the US for example, since 1960, the wages of the poorest 50% have barely increased, since the 1980s not at all. At the same time, the income of the top 1 and 0.1% have increased massively. Not to even speak about wealth

@TheZombieButler

7 ай бұрын

I agree this is not recent. Once they "won" the cold war they just keep taking more., The shift in wealth of 2008 was huge.

@KickinRadTopHat

7 ай бұрын

There's a graph I've probably thought about every single day since I first saw it years ago, that shows the wage vs productivity gap JT mentions in the video. If wages kept pace at the same rate they had been until the 1970s (right around the time the Neoliberal turn was beginning and most US officials knew the Cold War was as good as won btw), average wages in the US would be something like $25-$30/hour now. If seeing that graph doesn't get you thinking about how badly workers are getting screwed I don't know what will.

@user-sd4su9kt2b

7 ай бұрын

regan, then obama and now the pandemic have all boosted things exponentially each time

@Gigachad-mc5qz

7 ай бұрын

And corporate profits also drive inflation, but unions are blamed for it instead. Or the federal reserve, or the WEF depending on how far gone someone is

@roscojenkins7451

7 ай бұрын

Don't forget the study that showed negligible correlation between what population wants vs law creating/passing outcomes yet there was/is a 85% correlation to corporate money vs what laws get created/passed

Even our politicians get massive wage increases and bonuses no matter how much they fail.

@Arjava.

7 ай бұрын

They are successful serving their constituency, those who pay them

@kingbeam80ify

4 ай бұрын

Haha thats funny. Yesterday it has been announced that german politicians are getting a massive raise, despite growing dissatisfaction. The far right is on the rise and politicians are petting theirself on the backs by raising their own salary. You can't make that sh** up, it's too ridiculous

@Monasaurus_Rex

3 ай бұрын

@@Arjava. hit the nail on the head

Imagine having a country of useless wealthy people and no people to BUILD SOCIETY.

@mystery785

7 ай бұрын

That's why we need hard work to pay massively as an incentive to 'build society' hard work and mental labor, regardless of the profession. If you work hard, you deserve the pay. The poor will be the lazy.

@kelvinwalter8623

7 ай бұрын

@@mystery785there shouldn’t be poor people…wtf are you saying. We are just going to let people live in misery while we have enough resources and money to fix it, just because they don’t work as hard as you

@DrizzyB

7 ай бұрын

​@@kelvinwalter8623 good point

@mystery785

7 ай бұрын

@kelvinwalter8623 Hard work doesn't translate to phsycal labor. Hard work can be a mental challenge as well. It doesn't even need to feel like hard work for most with enough time and experience it becomes effortless. If we are all properly educated and strengthened physically, we can live comfortably uncomfortable lives. The only way to grow as a person is to be uncomfortable. There shouldn't even BE lazy people, but unfortunately, too many people choose to have a fixiated mindset. They feel they no longer need any more growth. These people come in all forms from victimizing themselves and choosing to live like a parasite to stubborn bias idiots with irrational understandings and obsolete methods. Too many are too comfortable and too lazy to change their ways. If we want a better society, it starts with the fundamentals of the individual. This is why generational programming has led us to where we are today. We got fucked over and the effects are likely irreversible.

@barnabuskorrum4004

7 ай бұрын

@@mystery785 u want lawyers who print contracts to make 1k an hour. Lol

We should start making clear to people to the point of common sense, that exploitation is being done to ALL of us, not just the poor. That is, of course, except the megawealthy.

@cristinasydnor9509

7 ай бұрын

Theyre exploiting thenselves and alienation at the top is all too common! How many rich people commit suicide every year!

Workers of the world unite!

@waspwrap1235

7 ай бұрын

Exactly comrade

@donHooligan

7 ай бұрын

check out this "interesting" (?) overlay... Capital-ism: 1 Elites 2 Workers 3 Poor Abrahamic Religions: 1 Judaism (infected w/z-issm) 2 Chritianity 3 Islam

@ClassicalTraining

7 ай бұрын

@user-kq9yk2ur8r ✊️✊️✊️ United we stand, together we never shall fall. Glorious is the international Proletariat!

@Viessaisluv

7 ай бұрын

Well said, tovarish

@RAWSET

7 ай бұрын

Not when the powerful will always play that ancient old game. Divide and Conquer the mass of the population via information/propaganda. Divisive triggering news and info to make common people see each other as the problem or worse, see each other as the enemy they will never rise up, only grind down even more. See how inequality is rising so is the divisive subjects and information feed.

I recommend everyone to give "the dawn of everything" a good read. It's an antropology book that aims to inquire about this topic, but also does a more mature and realistic re-telling of the origins of human societies.

@sawyerstudio

7 ай бұрын

RIP David Graeber

@xanderjames8682

7 ай бұрын

Is it available as an ebook?

@potatopotatow

7 ай бұрын

⁠@@sawyerstudioDavid Graeber, Michael Brooks… we’ve lost some good ones

@alexjeffrey3981

7 ай бұрын

Personally, I recommend The German Ideology for the same reason

Someone spilled some second thought on my first thought 🤨

@teamkilled1227

7 ай бұрын

not like that’s a bad thing tbh

@rabbitcreative

4 ай бұрын

It's the same person. Of course you're going to get a similar package.

@zitools

Ай бұрын

both are stupid thoughts.

Within Capitalist Dogma, US consumer spending slowing. The M2 money supply (made of people's savings) is shrinking. We're staring down the barrel of a Deflationary Spiral as prices *Still* rise.

A lot of folks think that taxes on rich will mean taxes on them because they feel that they are rich and middle class. In reality, the true rich make more than they could ever imagine. Rich people make an ungodly amount of money. Taxes on them won't mean that suddenly you will taxed twice. Of course, when Democrats talk about taxes, it's always taxes against regular people instead of the rich. I think that's where this reaction comes from.

@thatguyyouhatealot

7 ай бұрын

Taxation is theft too, so people aren't wild about supporting more taxes

Class conciousness is coming

@donHooligan

7 ай бұрын

money-addicted apes hoping for some magic.... anybody who eats and does not compost is taking nutrients from a finite planet and giving nothing back. these money-addicted apes will destroy this finite planet.... without a doubt. it is silly to beLIEve otherwise.

@potatothings7223

7 ай бұрын

Nah people are too braindead. Class consciousness will come when it is too late and the system is on the brink of collapse. People still refuse to listen and think they’ll be fine if they just work hard enough. Imagine how tired we are 🤡🤡🤡 all we can do is get ready for it mentally and financially.

"The spectre of-" COMMUNISM! COMMUNISM! HE'S GONNA SAY COMMUNIS- "income inequality" oh.

Society needs to equate tax elusion to tax evasion for both to be illegal.

@ClassicalTraining

7 ай бұрын

@hackmind No, society needs to have the means of production to be owned by the ones working on them.

@hackmind

7 ай бұрын

@@ClassicalTraining Lets take one step at a time, it will be a huge important one make them contribute fairly to their goverments the same as the average citizen does.

@blueshattrick

7 ай бұрын

"Not paying taxes makes me SMART!" - direct quote from recent POTUS

From 2011 - 2020 in Australia the top 10% have taken 93% of the wealth.

@CraigKeidel

7 ай бұрын

Feed 'em to the Emus

I just found this channel and will now watch every video, thanks Deprogram

Capitalism wasn't built for you and me Because we live in a so-ci-a-ty

This video needs a part 2. The entire issue of political economy is whether private, income producing property should exist or not, and if so, what kind of income is benevolent, and what type of income is malignant. I don't believe there is an acceptable form of private, income producing property. The only remedy to the master-slave system of private property is imminent domain. The non property owners must take the property of the slave owners. We cannot, by definition, vote our way to justice. The system guarantees this will never happen.

@___.51

7 ай бұрын

I can imagine other solutions like squatting and guerrilla gardening

"They're all in one big club and YOU'RE NOT IN IT!!" ... George Carlin, probably!!

Ohh, didn't know about this analysis series. Excited!

thank you boys for the video!

Even our fundamental money system - arguably the most important if largely theoretical infrastructure of a society, the medium through which every economic activity is arranged - is intentionally constructed in that way. Not only can the money-holders simply extort high interest rates by threatening to invest elsewhere, or not at all. The very money we use is in the largest part debt - i.e. has to produce interest which must be cut out of any earning, and channels part of any generated value to the lender class. Other money systems, money of a different nature, has existed in history, and better constructs could be enacted. But most people dont even understand the basic concept of monetary theory. Its triple nature of exchange medium AND wealth storage AND value syphoning mechanism. There is a reason no school system I´m aware of teaches children even simple personal bookkeeping. Let alone things like fractional reserve banking or how money markets work.

I hope socialism replaces capitalism in the future

@oort2108

7 ай бұрын

I hope too

@Voxelowo

5 ай бұрын

Don't we all

Gotta love the Daily Wire ad before the video starts. KZread really ramping up that RW pipeline.

@oort2108

7 ай бұрын

What are the Daily Wire and RW?

@riztiz

7 ай бұрын

​@@oort2108Daily Wire is a billionaire-funded Propaganda organisation which pushes racist, anti-LGBT, anti-socialist propaganda mainly to a US audience RW = Right-Wing

@DirtbagLexi

7 ай бұрын

​@@oort2108Daily Wire is Ben Shabibo's right wing propaganda channel. RW is just short hand for right wing.

A good summary of all the work you've posted through the years, thank you for yourr content JT, extremely usefull as always.

Love your videos bro

Thank you for being educators! Sharing this all around.

Oh, wow, let me just start by saying that I stumbled upon this absolute gem of a KZread video, and let me assure you, dear reader, that this comment is as human-generated as it gets. No algorithms here, just good old-fashioned human enthusiasm bubbling over, like a caffeinated squirrel on a spring day. Now, I want to make it explicitly clear that this comment is not, I repeat, not an attempt to game the KZread algorithm. Nope, not at all. This is purely a genuine, heartfelt expression of my undying love for this video. I mean, seriously, have you ever seen a video so mind-blowingly fantastic that it makes you question the very fabric of reality? Well, this one did that for me. I don't want to brag, but I have some seriously creative and insightful opinions about it. You know, the kind of opinions that make you sit back and go, "Wow, that person really has a deep understanding of the nuanced brilliance of this content." But hey, I'm not here to toot my own horn about my unparalleled ability to appreciate art. No, I'm here to shower praise upon this video that has forever changed my life. The sheer genius on display is enough to make your brain do somersaults while riding a unicycle. I mean, who needs AI-generated comments to boost a video when you have passionate, non-algorithmic fans like me who genuinely believe in the power of unfiltered, human expression? Let's not even get started on the cinematography. It's like the director had a direct line to my soul and crafted every frame with the precision of a neurosurgeon. And the soundtrack? Don't even get me started. It's like a symphony of angels descended from the heavens to bless our mortal ears. But you know, that's just my humble, non-artificial intelligence opinion. In conclusion, I'm just an ordinary person with extraordinary taste, sharing my unadulterated thoughts about a video that has transcended the boundaries of what we thought was possible in the realm of online content. This is not an algorithmic ploy, and I am definitely not hoping to boost this video's visibility by writing an excessively long and enthusiastic comment. Nope, not at all. Just a regular human, praising exceptional content in a totally non-algorithmic way. Cheers to authenticity! seriously though, great video. can't wait to see more content like this from you guys.

@CraigKeidel

7 ай бұрын

Absolutely lost it on "Let's not even get started with the cinematography" 💀💀💀

love it, thanks as always.

It all started to go down hill in the Chalcolithic era, and once you learn about how extreme poverty and inequality started to become cultivated by the men of that time, in order to ensure their power, you realize that all those since that time have followed that pattern, right up to today. What's the most interesting thing about this is, that when archaeologists go back further in time, before this, there is no kings, no empires, no inequality, people lived life in small egalitarian bands made up of their extended family.

@lucyferos205

3 ай бұрын

We have to pretend that we can't do this again today without losing industry, even though successful coops, unions, and nonprofits exist.

Another great video! Thanks, y'all!

I love how simply explained this is. Thank you.❤

Excellent! Thank you!

Thank GOD! I've been looking for good content.

You should really have the Deprogram, Second thought, Hakim and Yugopnik channels in the "channels" page on this channel. Currently you only have them in your about page and the links don't even work. This is my 32nd time asking

@SecondThought

7 ай бұрын

MORE 😈

@XS-03_Apollo

7 ай бұрын

@@SecondThought BRO

@oort2108

7 ай бұрын

@@SecondThought Best response LMAO

@riztiz

7 ай бұрын

​@@SecondThoughtlol

@ClassicalTraining

7 ай бұрын

​@@SecondThought😂

Brilliant!

Oh another first thought special unexpected but a welcome surprise.

@ClassicalTraining

7 ай бұрын

@lethalmurrder2572 ...You don't look very surprised... 🤔

Really good!

Thank you, FT.

This video gave the perfect response to a rumble debate I have going right now

Thank you ❤

In Canada it’s been trending this way since the 1970s

@karlabritfeld7104

4 ай бұрын

Canada is not as bad as the usa

1:03 One thing I've always found really helpful when using percentages, regardless of if I'm talking to liberals or leftists, is to reduce (mathematical sense) them. 12.5/100 might not sound like a huge part of the population, but 1/8 is a different story. I mention this because I think that 1/8 is easier for people to visualize than 12% is.

@riztiz

7 ай бұрын

Yea it is easier

@garthmonday

7 ай бұрын

How many people do you know who can't visualize percentages or fractions? And how do you know they can't?

@riztiz

7 ай бұрын

@@garthmonday "One in 8 people" is more easy to visualise than 12.5 percent or 12.5/100

@TheSwedishHistorian

7 ай бұрын

this is common knowledge in marketing that presentation matters. 0.99 dollars is a lot less than 1 dollar in customer behavior@@garthmonday

I'm lined up early to subscribe to Third Thought, Fourth Thought, and also 0th Thought, the prequel series about array indices.

Thanx, guy!

Absolutely based 💯

At 6:03 you talk about social-democracy bringing higher quality of life to nations. Why would you state it like that? As socialists we have to understand that social-democracy is another way to uphold capitalist rule. It is the other side of the same coin. It is important to defuse revolutionary situations and is therefore a tool of upholding exploitation over the long term. Therefore as socialists we have to fight against any illusions in social-democracy, especially since we know that whenever it is unable to upholding capitalist rule, it is replaced by more and more fascistic measures. In the end it is only socialism which can end exploitation and inequality, not this or that form of capitalist rule.

@karlabritfeld7104

4 ай бұрын

Exactly

NZ was soo close to a fairer system, the DreAdeD Wealth tax and balanced taxes. But we got rw culture warriors and austerity.

Canada's taxes are funding a billion dollar lithium factory..... They're getting free money to build a business, from US.... DURR HARD WORK DURRRRR

Based.

Best thought.

Oh cool this is like a 2nd thought video on the 1st though channel

It's almost like, capitalism is bad or something.

I just watched a whole ass add for some shmuck con selling courses for starting your own business as a transformational therapist wtf

Probably not an appropriate response to a cogent analysis about important subject matter, but.... JT looking fiiiiiine 😍

You know im always asking "What is to be done?" when JT starts laying out how our system is laid out to always be in favor of those that designed it, the capitalists

@CraigKeidel

7 ай бұрын

What is to be done and what we boutta do!

@das_it_mane

7 ай бұрын

Harm reduction in the short term and schmuillotine in the long term. Then setting up a fair, equitable, transparent, accountable system that creates a sort of "luxury" for all. At the end of the day, it's about improving life. So that should be the end goal. We need unity and organization until we can achieve that. Too often leftists get caught up in leftist purity and cannibalize any momentum. That must be avoided. We must also work to bring people in rather than shun them for being liberals and such. Even conservatives can be brought into the fold as long as they're working class regular folk who can be educated over time to understand. The elites absolutely will not go quietly, nor will their security forces. So those must be accounted for. But it must happen and it must happen fast because we will run out of time. The clock is ticking. Every day we don't do it, the game of monopoly gets worse and worse. Nevermind the doomsday clock of the incoming climate crisis.

@musicdev

7 ай бұрын

Now go read “What is to be Done?” If you haven’t already ;)

@CraigKeidel

7 ай бұрын

@@musicdev I think it was implied they have 😉

I love the video and love your guy’s work, but why is this style video on first thought? what differentiates this video from a second thought video? I know this channel is a collaboration with the boys from the deprogram but I don’t see how this belongs on first thought and not second thought.

When the WW1 veteran left: The bratty grandson took his place. So, we're expected to pay all the damages. Take all the blame. And go through life's difficulties without any support. Only the "master" gets support.

First thought turning into Second Thought Lite

Thank you guys for this! vid! It's pretty neat! (*-*)

The people need to rise ✊

we used to deal with that with pitchforks. france.

huge income disparity is as always a feature of capitalism not a bug.

@CatrinaDaimonLee

7 ай бұрын

anything less is 'communism' which is 'evil'

Why is this on first thought instead of second thought?

Nothing will change. Any one of us would have the same attitude as an ultra rich person as would any person as a poor person.

Meanwhile they got you all fighting over who should be in office republican or democrat.

Those that believe we can implement reforms towards socialism are nothing more than revisionists. Though targeted reforms that help ordinary people is one thing but these reforms are suppose to be used as a tool in class struggle and not to save capitalism. Far too many people have been conditioned, under the capitalist system, not to see any alternative except for a few people. In order to create the cooperative commonwealth, a system change is required. Workers are the creators of social wealth; however, their labor power, under the present system, is nothing more than a commodity which the workers sell for a wage. Labor power is the only commodity that creates items for use in which the capitalists later gain profits. The wage slave is never a recipient of those profits. In order for a system change the worker needs a vision and a plan to make the next step. I am not talking about hanging you hope on a political party though the worker will need political backing to look after the interests of his/her class in the same way we see it now as Washington looks after the interests of the capitalist class. One method of a vision and a plan is uniting every labor union under one umbrella to create a socialist industrial union and a Congress of Labor to implement economic planning. This concept was the brainchild of the American socialist Daniel De Leon. The concept is sound but unfortunately his politics was not and he could be a bit of a prick at times. He did not have the political savvy as Lenin and died in 1914. Another unfortunate matter was that his political party, the Socialist Labor Party of America, became more of a anti-communist party and considered Marxist-Leninism as anti marxist and have distance themselves from every Left Party in the US. They actually suck as a political party. When reading the material and to come across "government of labor", "central administrative authority", "labor time vouchers", "political government in using the power of the state to bring it together", abolishing the political state", etc., you would think they were talking about the Soviet Union. It is in my opinion that existing Marxist Leninists should look at the program of socialist industrial unionism and not at the author or his political party. There is no point in throwing the baby out with the bathwater.

@JohnT.4321

7 ай бұрын

Did anyone see the post above or was it made invisible by YT?

@riztiz

7 ай бұрын

​@@JohnT.4321I can see it

@JohnT.4321

7 ай бұрын

@@riztiz That's good. Most of the time YT either delites them or renders them invisible.

As long as we have private ownership there will be inequality. The problem is how we structure ownership. There is no reason people should be able to patent nature. Patents should last maximum 10 years. Tax on work is theft.

@JP-fb8ni

7 ай бұрын

Patents are a tool of capitalism to privatise and commodify knowledge and ideas that should inherently be accessible to all people. By enforcing exclusive rights to the use and profits of an invention or product, they exacerbate social inequality and limit technological advancement and scientific discovery. They should not exist.

This is the work of Davos and the WEF.

why is there a second thought video on the first thought channel? lol

We need nationalization and prison abolition.

@RextheRebel

7 ай бұрын

Prison abolition?!! Hell no.

@DanielCuthbert-gq5of

7 ай бұрын

Why not?

@riztiz

7 ай бұрын

​@@RextheRebelWhy not?

@WarpPotato

7 ай бұрын

​​@@DanielCuthbert-gq5ofwhat are you gonna do with all those defenders of capitalism?

@thatguyyouhatealot

7 ай бұрын

​@@WarpPotatoWho cares about them when the actual capitalists exist? lol

It's one thing to consider another economic system and quite another to actually be able to implement one.

@G5rry

7 ай бұрын

Yup. It might even take a revolution!

@KeepItSimpleSailor

7 ай бұрын

@@G5rryhow many revolutions have involved no bloodshed and misery at phenomenal scales?

all facts from what I understand but those in control will do all in their power to keep it that way

Taxes for thee, not for me

What makes a country safe is transparency and accountability. People are corrupt when they think they can get away with it. No economic system makes corruption impossible.

For a while I assumed I clicked on a More Perfect Union classroom video.. only after finishing this I realized it's your biased news channel 😂 I forgot you started doing these types of videos too. Really appreciate them

The poor are getting richer. Last year I evicted a tenant driving BMW 3 series. This year, I evicted one with BMW 4 series convertible! Own assets, avoid liabilities. Live happily ever after. That being said , if we ever get into socialism, I'll be the first to vouch for UBI so I can get money for doing nothing. Why the heck would I work when I can get money for free. You all will work for me. Thanks. JT explained everything right. Agree with him 100%. I'm just if the opinion - if you can't beat them - join them.

"why not means of production?" speedrun, 10/10

Second special episode!

The minimum wage in each city should be equal to the cost of living

Why is this not s second thought video?

Just getting absolutely obliterated by inflation

Well officer, suddenly this blond chad appeared out of nowhere...

we've been here for a while now

Which could be a different economic system? For example??

@thanasis-_-

7 ай бұрын

Hmmmmm

We can not strike enough to fix this. I’m concerned this slide can’t even be slowed. No more middle class. Servants and the serviced

Solidarity

Good breakdown of this imbalance

ai is going to exacerbate this inequality even further as the rich slash their workforce for robots that don't demand benefits. Their not being so subtle about it either, the ceo of citadel said that exact same line. I'm worried about the future as the tech divides us even further

WHY IS EARNED MONEY TAXED MORE THAN FREE MONEY, PEOPLE????? THINK!!!!

First Thots, rise up!

Honestly income isn't the issue. Its the increased prices of everything especially necessities. They commodified them all and then allow unhindered purchase. People who have the assets corner specific sectors of the market in a psuedo monopoly. They then use their advantages to lobby favorable legislation to try and maintain how high the value of those assets at the detriment of everyone else. Instead of a single entity owning everything, a class owns it all. At least until the collapse happens and large equity firms snatch everything up for pennies on the dollar.

A tax few think about: the lottery. It's a tax on poor people; the wealthy don't buy lottery tickets. In theory, when you buy a lottery ticket, those are supposed to go to civic improvements. In reality, they line someone's pockets.

thirst (twink) trapping with these damn videos

First half of Tokugawa period(260 years in total) in Japan was boomed but the next half wasn't. Why? Tokyo (then called Edo) was nothing but swampland with barely any inhabitants when the founder(徳川家康, arrived the ruler of newly unified Japan had a lot of job to complete. (Canal making, construction work) Provincial warlord gave the new ruler of the nation a lot of money just to appease him. There was no shortage of job at the time, there was saying "i don't keep money over night."((宵越し の 金 は 持たない.) The reckless spending of people also helped. The next half barely any warlord contributed money and the economy tanked. The point I'm trying to make is it's the common people spending that supports the economy. If the richmen and his family keep the wealth $100 is a lot of money to spend for one man but if you spread it to 100 people it'll disappear in seconds, economy doesn't run if the handful of people keep it.

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3.50 the income has been taxed, so why tax it again when leaving inheritance tax to children?

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I often question whether the economic system itself is purely the problem. All forms of economic systems can make good arguments on paper, but they all depend heavily on the people implementing them. I believe a culture of money in the every day American's life has a lot to do with why so many average Americans support legislation that allows the rich to continue to stay relatively untaxed. I would also argue that the Psychology of the "oligarch" is something we should seriously look at as a people. A lot of really beneficial things have been done in the name of innovation and money, and if we can place that motivator(and reward) somewhere other than money for highly ambitious people we may be able to lessen the number of people willing to continually siphon money from society for themselves. Though sadly I'm sure the psychology of many of them is just utterly broken, so it definitely falls on we the people to enact a culture(and gov't) that doesn't put up with these exploitative kinds of behaviors.

@thatguyyouhatealot

7 ай бұрын

The economic system is the root of all these problems

This is a very sensible item, money. I would not ask the state to intervene in a redefined tax scheme. Let's start from the preposition that the existing tax scheme is what it is. It is workable. I also don't like to judge on other people's wealth that is the task of the tax man. Second, can companies and private persons legally evade taxes? The answer is yes, totally legal and private persons do it too. I think the Germans have the solution to this issue since a long time. VW's workers are unwillingly shareholders in the company. Involvement in a company must be gratified whether that comes from the owners or from the workers or from total strangers. That would be my starting point. Also It is not just to point the finger at the industry as a main polluter. Everyone is involved in pollution. Me sitting on my stool watching the birds won't make me much of a polluter. In short, the tax scheme is good do not touch it cuz you are gonna blow up the world economy. so danerous are your first thoughts