✊🏻 Why not SOCIALISM?

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NO to socialism? But why exactly?
Learn Austrian Economics in a fun way!
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Econ Clips is an economic blog. Our objective is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, inflation, money, investing, monetary systems, financial markets, financial institutions, cental banks, wealth, financial crises and business cycles. If you want to know how the economy works and understand why it works this way - join us on econclips.com and learn Austrian Economics in a fun way!

Опубликовано:

17 июл 2023

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Комментарии : 124

@warrenviegas2300

its a shame videos like this are not more popular---it would be a good response to videos like "second thought"--slickly produced and reliant on emotional appeal as opposed to facts

@caiociardelli

One more amazing video! I have been following this channel for almost five years and it's content has always been excellent. Keep doing the great job you are doing!

@idoko327

Thanks alot ., keep it up

@thebladex

Incredible videos! I'm binging all your stuff now

@105rogue

Please more videos!!! I use this in the education of my children!!!

@randomuser5609

Well, they are all faith based.

@Aman__Alam

I believe that the best way to promote the channel is to create a whole course based on books like "Human Action" and "Man Economy and State" with videos of comparable quality.

@okoriekingsley2530

This is exceptionally wonderful video and it would be good to spread this video

@MrJabbothehut

Because it removes any incentive to try harder the further along time you go. Most people barely pull their shit together in a capitalist society. In a socialist one you then have to compensate for all the shitters who don't contribute anything.

@macioluko9484

Great discussion.

@acem82

I love how simply following the logic where it takes you gets you to Austrian Economics. Or, more specifically, following the logic where it takes you

@skotnica93

Love to see the use of a Polish video, albeit an old one.

@aravndhanr7241

First view.... First like... First comment... ❤️ ❤️❤️

@arthursage9358 21 день назад

I agree

@freshavocadew

I'm curious who thought it was a good idea for this channel to use emojies in its titles and what was their reasoning

@uiyx4379

cool vid and all but botted sub count

@Labs51Research

Socialism in all forms have been tried and all have failed .. most lead to misery and death.. the rest lead to capitalism

@louislemar796

To give another example which is classic for economists to make. When arguing that to embrace central planning deprives “society” of the benefits that could be reaped from entrepreneurs like Steve Jobs or Henry Ford the video embraces a collectivist moral standard i.e. what’s good for society. But “society” isn’t an concrete particular entity, society is an abstraction. What exists are individual people, what is good or bad is good or bad for someone in particular. Values imply a valuer, and a purpose in which the value will be used.

@chaparmusic

All the points in this video are great, but it mixes definitions by calling socialism what is, in fact, communism.

@kimobrien.

Its assumes that socialism is just a bureaucratic version of capitalism and capitalism advantage is the smart petty bourgeois entrepreneur. In fact the petty bourgeois entrepreneur is continually driven out of business durring ever capitalist crisis of production. The real advantage to socialism comes from the working people organized as the producers such that the can move about into different industries and take what they learned in one to another. You can incentivise people with things other than money and if you get rid of the exploitative nature of capitalism you create a happier population. If you can draw in more people into working than you can reduce overall hours needed for production .