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Capitalism and Socialism: Crash Course World History #33 

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In which John Green teaches you about capitalism and socialism in a way that is sure to please commenters from both sides of the debate. Learn how capitalism arose from the industrial revolution, and then gave rise to socialism. Learn about how we got from the British East India Company to iPhones and consumer culture in just a couple of hundred years. Stops along the way include the rise of industrial capitalism, mass production, disgruntled workers, Karl Marx, and the Socialist Beard. The socialist reactions to the ills of capitalism are covered as well, and John discusses some of the ideas of Karl Marx, and how they've been implemented or ignored in various socialist states. Plus, there are robots!
Chapters:
Introduction: Capitalism 00:00
What is Industrial Capitalism? 0:59
How did Industrial Capitalism begin? 3:04
Capitalism Increased Productivity 4:51
Capitalism as a Cultural System 5:41
Criticisms of Capitalism 7:12
Socialism 7:59
An Open Letter to Karl Marx's Beard 9:12
Karl Marx's Ideology 10:23
Socialism vs. Industrial Capitalism Today 12:14
Credits 13:14
Resources:
The Relentless Revolution by Joyce Appelby: bit.ly/3OlIBPV
The Marx-Engels Reader: bit.ly/3M8o4fL
Crash Course is on Patreon! You can support us directly by signing up at / crashcourse
Want to find Crash Course elsewhere on the internet?
Facebook - / youtubecrashcourse
Twitter - / thecrashcourse
Instagram - / thecrashcourse
CC Kids: / crashcoursekids

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13 май 2024

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Комментарии : 29 тыс.   
@abygailb6023
@abygailb6023 4 года назад
You can tell he’s so stoked to talk about this. But I am watching this because I want to, not as an assignment
@historyarmyproductions
@historyarmyproductions 4 года назад
I'm watching it cuz my history teacher said I had to xD
@sage5361
@sage5361 4 года назад
Same, I just want to learn lol
@skindonnatello2468
@skindonnatello2468 4 года назад
Gay
@kingfreak8548
@kingfreak8548 4 года назад
yup
@BigBangAttack-mt6pz
@BigBangAttack-mt6pz 3 года назад
@@sage5361 I'm trying to find unbiased information and explanation of Socialism
@Ram-lr6ud
@Ram-lr6ud 5 лет назад
"We don't have a lot of time to explain the whole thing" **Proceeds to play with robot-toys, the globe, and talks about Marx's beard, and plays with the Mario-flowers**
@8bitmagic
@8bitmagic 5 лет назад
The important things
@dianakingclarke2248
@dianakingclarke2248 4 года назад
Lol
@sarahhe.5455
@sarahhe.5455 4 года назад
@@8bitmagic ahahahahaha
@andrewfrison9382
@andrewfrison9382 4 года назад
this made me abnormally mad.
@swastiksahu6889
@swastiksahu6889 4 года назад
Because he is trying to make education fun like it should be.
@nanishanelli985
@nanishanelli985 4 года назад
Clovers add nitrogen to the soil... Wow I learned something new today!
@thecurrentmoment
@thecurrentmoment 4 года назад
But not about capitalism/socialism, it seems
@danilove8820
@danilove8820 4 года назад
Dale Redpath thats.. the joke
@tigerbomb508
@tigerbomb508 3 года назад
If you go back and view the Islam video he did, he tells you that Islam that migrated into Spain taught them that.
@tigerbomb508
@tigerbomb508 3 года назад
fynes leigh you sound like your proud to be inbred
@tigerbomb508
@tigerbomb508 3 года назад
fynes leigh you would not know that if it wasn’t for Islam. Europeans had no clue.
@joshuatraffanstedt2695
@joshuatraffanstedt2695 4 года назад
"Bad if you're a sailor because you lost your life, but worse for stock merchants because you lost all your money." - America
@vpshastry
@vpshastry 4 года назад
Underrated! You go up and up.
@AndrewVanLare
@AndrewVanLare 4 года назад
I am America and I do not approve your statement
@aaraviii
@aaraviii 4 года назад
@@AndrewVanLare Then you are not America!
@views-kb6sv
@views-kb6sv 4 года назад
goverment*
@whitespacemarines4308
@whitespacemarines4308 4 года назад
I caught on to that also. But that is HIS view. This does not necessarily apply to anyone else. But I think it DOES give us a hint to where his mind is at.
@AlyssaTaylor9
@AlyssaTaylor9 8 лет назад
Pure capitalism and pure socialism would be absolutely disastrous. Neither system is perfect, in fact a perfect system (utopia) can't exist because frankly human beings aren't perfect and we'd always fuck something up. Too much capitalism and you have people starving in the streets with nothing being done. Too much socialism and... yeah you still have people starving in the streets with nothing being done. We need to strike a balance between the two and try our best to incorporate the best elements of each. Sure, there will be some inconvenient trade offs and people argue about those trade offs all the time, but that's the only thing that can possibly work.
@DeathToTheDictators
@DeathToTheDictators 8 лет назад
+Alyssa Schiffman "Too much capitalism and you have people starving in the streets with nothing being done" - no, what you have is a very small minority getting most/all the wealth, and masses of people taking any job they can find (no matter how low the pay), because they don't want to starve to death. Look at today's third world countries...look at 'the west' during the birth of modern capitalism, the Industrial Revolution (where factory owners made huge profit, while those lucky enough to work in the factory were paid next to nothing)! PLENTY OF WORK is/was being done...but the generated wealth just funneled to the rich minority. Many people say this (ie. "We need to strike a balance between the two..."), but it's very clear that one system is much MUCH more logical and fair than the other. Remember, humanity lived in tribal 'communes' for the first 90% of our species existence...we're mentally hard wired to be social and work together.
@parnelijones5462
@parnelijones5462 8 лет назад
+DeathToTheDictators Tribal communes? That worked out? What a moron.
@DeathToTheDictators
@DeathToTheDictators 8 лет назад
Parneli Jones "That worked out?" - lol yes, very well actually...we survived 2 ice ages and went on to invent civilization and everything. And I'M the moron?
@parnelijones5462
@parnelijones5462 8 лет назад
DeathToTheDictators "We"? Tribes? How old are you? 30,000?
@marcomeme4875
@marcomeme4875 8 лет назад
+DeathToTheDictators ''no, what you have is a very small minority getting most/all the wealth, and masses of people taking any job they can find (no matter how low the pay)'' true, but with all the remaining choices we have, we would have 99 % of the population working in ghoulish factories under a state that can take your life like nothing. '' Look at today's third world countries'' which suffer alot because foreign states mandate their market and force their states to regulate their market. Note: STATES. Other nations can invade you if you don't give them what they want. Third world countries are struggling for a million reasons, but their only way to becoming saved is to become democracies free of corruption. Here, the united states is a massive hypocrite, because we don't allow all nations to produce and export to whoever they please. ''the Industrial Revolution (where factory owners made huge profit, while those lucky enough to work in the factory were paid next to nothing)'' which can't be done anymore, because work has been so redefined that people can choose who they should work for and employers putting their employees in those conditions would make for bankrupcy. '' PLENTY OF WORK is/was being done...but the generated wealth just funneled to the rich minority.'' yes, because there wasn't any education or technology to speak of those days that gave people options. Those options would be scratched instantly if you lived in Soviet. ''Go back to the factory and work comrade, or we'll torture you for hours''. As for the employers not working as much: back in those days, it was naturally unfair since most of them inherited their wealth. But as of today, most of the corporate giants started very humbly and made it far. You won't see the CEO of Mcdonalds run to every single restaurant in the world to make burgers for literally everyone to generate his cash, because he simply can't. Naturally, it is wise to question their decisions to pay their workers the way do, the product they sell and whatever. Thing is, you have to actively protest, otherwise they won't go away. Take your money elsewhere and open your own hamburger joint. Expect to have to work your ass of in the beginning. ''Remember, humanity lived in tribal 'communes' for the first 90% of our species existence...we're mentally hard wired to be social and work together.'' we did. And it was a time when the chieftain ruled with an iron fist. Breaking codes resulted in excommunication or execution. The life expectancy was significantly lower and almost every other child died in childbirth. Not to mention the likelyhood of starving to death or being killed by another tribe. There are simply too many people for us to live in separated communities. Eventually, these communities would need new ways to get new goods, or die in the process.
@quintensaari7553
@quintensaari7553 5 лет назад
In America is RU-vid In soviet Russia is Ourtube
@ScareSans
@ScareSans 5 лет назад
in Soviet Russia, videos watch you!
@kimobrien.
@kimobrien. 4 года назад
@@ScareSans Maybe you should count the cameras watching you starting in the parking lot at WalMart in and though you shopping experience and back out again.
@ScareSans
@ScareSans 4 года назад
@@kimobrien. i rather appreciate those cameras, as they are kinda the main thing that helps solve crimes, such as abduction, when the criminal can be identified.
@kimobrien.
@kimobrien. 4 года назад
@@ScareSans You have a surveillance state mind. We've all heard that if your doing nothing wrong why do you object to being watched 24/7? So then who will watch the watchers? Even Stain and Hitler didn't have these capabilities. More and more aspects of our lives will be placed under these controls. Don't complain or get mad because we are watching you. We know all and any mistakes will be severely punished like stealing extra flimsy shopping bags. Walmart is already introducing the double checkout to determine if your checkout was done right the first time.
@ScareSans
@ScareSans 4 года назад
@@kimobrien. let me guess... You're also a flat earther...
@mr.coffee6242
@mr.coffee6242 4 года назад
You can argue that Marxism doesn’t work, but Marxism as an idea isn’t evil. Blaming Marx for Stalin and Mao is like blaming Jesus for the crusades.
@sajivsatyal7507
@sajivsatyal7507 4 года назад
Vooryjoni Spion The popes who organized the Crusades probably read the Bible. Does that mean Christianity is evil?
@mr.coffee6242
@mr.coffee6242 4 года назад
Marx wrote the communist manifesto almost 80 years before the Russian revolution. Marx was dead for almost 50 years when russia became communist. Hence why he has nothing to do with Stalinism. Stalin was 10 when Marx died. His theories and how people twisted them decades later to rob the masses are a distinction that needs to be made. Hence my analogy with Christianity and the crusades.
@sajivsatyal7507
@sajivsatyal7507 4 года назад
Mr. Coffee Its also worth mentioning that all theories can be twisted to allow people to seize power. For example, during the French Revolution, Robespierre twisted Enlightenment values to make himself a dictator. Yet those same values are what guided the way the US government and many other Republics in the western world were founded.
@anupamchakraborty5467
@anupamchakraborty5467 4 года назад
@@doggo5577 please read about MARXISM then post ur comment...and I think u know nothing about war history ....
@TotalConcentration0
@TotalConcentration0 4 года назад
Mr. Coffee Way to incompetently make a bogus comparison. Sure Marxism “had” good intentions, but guess what, so did the Bible. Unfortunately the only things that sprout out from the two are corrupted. Thing is, at least the Bible and religion has significantly done much more good than Marxism ever will, which I believe hasn’t done one yet. Also pathetic how it seems you all only look for the proponents for Marxism, perspectives that will only and obviously praise it, rather than study the reasons why many are against it. What good is an unrivaled belief besides indoctrination? Maybe you should do some research on countries, such as Venezuela, where some people, despite waiting overnight to be first on the breadline every week, are told they can go only after government affiliates ransack the place first. Maybe their warnings, literally saying that socialist promises are lies, might convince you. PragerU actually has a good video not of some right-wing white male talking, because I know how that may offend some of you, but interviewing residence of Venezuela. This might be your first dose of a red pill, but if you all want to continue living the lie, you do you.
@leapfrogger2198
@leapfrogger2198 4 года назад
Crash Course World History is what I imagine the internal dialogue looks like for every history teacher I've ever had.
@CodexOfXol
@CodexOfXol 6 лет назад
This really should have been split into two separate videos. There's a lot to talk about and I don't feel that either topic was adequately expanded on.
@commandermynas
@commandermynas 6 лет назад
Xoltan Your feedback is not important to john green. This video was made in 2012. He has definitely improved.
@tommynguyen5240
@tommynguyen5240 6 лет назад
He should remaster some videos.
@WoWisMagic
@WoWisMagic 6 лет назад
Now that's an idea! ^
@jerichogonzales1290
@jerichogonzales1290 6 лет назад
I view the two as bearing a similar relation to that between general relativity and quantum mechanics. In as much as one is more suited to explaining the workings of the finer detail of reality, and the other as better used in defining the nature of reality on a grander scale. Socialism is, in this manner, a superior prescription as to how a system is better managed at the local level. After all the social nature of the species dictates our one to one interactions with our peers. Capitalism, however, excels at prescribing successful navigation through the greater system. Our social nature breaks down with the advent of strangers and the fewer people in the system we know the greater tendency we have to view the population as a series of pawns, predictable, and therefor manipulable in their behavior. Much like each individual violin loses its distinction in a section of strings so to do persons within their societies. It is capitalism that dictates how best the individual engage with such complexity. Therefor it is my recommendation that if we as a society are to have socialism let such a system rest in our town halls. Let our nations relinquish their hands from this responsibility. Socialism is about the responsibility of man to his fellow man not of a government to the individual. Capitalism is about the relation of a citizenry to its civilization. In this respect both systems, the high and the low, by means of mutual indebtedness, are forever bound in a state of reciprocity in their respective relations.
@ralphbki
@ralphbki 6 лет назад
@Jericho Gonzales Great points well said. I would like to subscribe to your newsletter
@deim0s243
@deim0s243 8 лет назад
With Capitalism, today there are 80 persons as rich as half of the world. Not much else to say.
@marcomeme4875
@marcomeme4875 8 лет назад
+Deimos with communism everybody would be dirt poor instead. It isn't perfect, but it is the best we have. Economic systems has to be designed in a better way.
@deim0s243
@deim0s243 8 лет назад
Pastor Bush If you don't know the difference between Socialism and Communism I have nothing to answer to you.
@marcomeme4875
@marcomeme4875 8 лет назад
Deimos Socialism provide the same results. Socialdemocracy is a different thing and can indeed work.
@deim0s243
@deim0s243 8 лет назад
Pastor Bush The people in power want everyone to think capitalism works, but it doesn't. I hope people will wake up before it's too late. We're today the only problem in the planet, we can't even live in peace in our own species. Fighting over liquid decomposed shit found underground and other stupid stuff.
@marcomeme4875
@marcomeme4875 8 лет назад
Deimos It doesn't truly work to make the world perfect, but it makes the world better than the current alternatives.
@emannemongoc3156
@emannemongoc3156 4 года назад
“...shortcomings of industrial capitalism: child labor, working conditions were awful, days were long, arduous and monotonous, workers lived in abject poverty...” lol no big deal
@endlessxaura
@endlessxaura 4 года назад
@Leathley Capitalism does that every day - and not accidentally.
@endlessxaura
@endlessxaura 4 года назад
@Leathley So, grocery store workers provide nothing to society? How about delivery drivers? Mail-men? These are people often too poor to afford medical charges, and yet, coronavirus has proved their need. There is a pervasive myth of meritocracy, where people who succeed or fail do so only on their own merits. All of the data point to the contrary. Economic mobility is low in America compared to other developed nations, productivity does *not* correlate with wages, and many jobs are outright frivolous and unnecessary. Tell me: how much do you think the CEOs of airliners actually benefit their companies? What about their shareholders who divert 90+ percent of their companies' revenues to stock buybacks? Do you think they contribute orders of magnitudes more to society than your septic worker? I doubt it.
@alhassani626
@alhassani626 4 года назад
The most important piece of information in this video is that clovers add nitrogen to the soil.
@FrasierCraft
@FrasierCraft 9 лет назад
For those of you that says socialism is for those who are lazy, please get your lazy asses up from that couch and do some reasearch. We can take Indonesia, India and a bunch of other countries that are capitalists as an example. India and Indonesia have probably one of the most hard working people I've ever seen, and still they barley have money enough for neither food or roof. Capitalism favours those who are lucky, rich and/or embrace innovative change with an open mind (pluss a little luck). Tell me, when did those NBA players work harder than those poor factory workers, working up to 18 hours a day, in the American capitalist country USA? Socialism is by no doubt for the better good, as the richer people pays a higher percentage of their income in taxes, still they are remarkably richer than the poorest tax payers, even though they pay a lower percentage. This still let's the rich be rich, and the poor be poor, but leaving the poor with the most vital things such as health care, food, roof and work. For instance, let's say that we have a person that has a annual income of 1 000 000 USD. In USA he pays 14 %, which is 140 000 USD, leaving him with 860 000 USD, but in Norway, Sweden or Denmark he pays 35 %, which is 350 000, leaving him with 650 000 USD. He pays a lot more in taxes yes, but he still has a considerable amount of money, still making him classified as rich.
@missmargarita5505
@missmargarita5505 9 лет назад
Well-said, FrasierCraft. I'll add that those who have capital beyond what is needed to survive are able to use that capital to make more money without actually working for it.
@FrasierCraft
@FrasierCraft 9 лет назад
Kellie Nicholson Thank you for those kind words!
@FrasierCraft
@FrasierCraft 9 лет назад
luvcheney1 Another fact is that Norway has the most efficent oil production, also considered the safest. Still Norway runned with a socialist policy.
@missmargarita5505
@missmargarita5505 9 лет назад
luvcheney1 Capitalism doesn't work without a social safety net and strict regulation. Another flaw our version of capitalism has is permitting inheritances, which is just a stacked casino game and not really about skill, talent or merit.
@missmargarita5505
@missmargarita5505 9 лет назад
***** Just a thought... if you can't explain yourself in your own words, then perhaps you don't really understand what you're saying. Another thought... if you aren't aware of all other theories related to the topic, then perhaps you should read more. Now I must ask... What gives you the right to say that any of the earth's resources are yours? What gives you the right to lay claim to any property once you're dead? What makes you think that anyone has the right to land ownership? Are you aware that our fore fathers discussed that the land belonged to ALL of us, so they wanted to impose a tax on all land owners as rent to be paid to those who don't own any land? The examples of capitalism failing: every country that has tanked its economy when corruption settled into the faulty system. If you really want to get into a discussion, it would take a lot longer than I have, but I'll make a few points. Rather than try to discount my ideas, why not give them thought, as this isn't about you and I, this is about creating a better system for future generations. Throughout all of history we have improved on the way we do things, so why on earth would anyone think that we have reached the point that this is the best we can do? 1. Any economic system requires participation of all members, or corruption will seep in. That is not a failure on the part of Capitalism, but of the people of the nations that employ it. The choice to watch mindless television over having a political or philosophical discussion is how the corporate world has brain-washed the masses into believing that Capitalism is the best we can do. 2. The reason the people must participate in the regulation (this could mean organizing unions or boycotting corrupt companies, etc.) of a Capitalistic society is because capitalism breeds corruption, as the main goal is profits, rather than happiness. 3. People who get caught up in the numbers game tend to become vacant souls. EX: Many wealthy people send their children away to boarding school or hire nannies for others to raise them, thinking that leaving their heirs money is more important than making them a sandwich or holding a cold compress on their forehead when they're sick. They use the excuse that it's for their children, but it's really to satisfy their own egos. Those parents fail to realize that they have neglected their children in ways that will affect their self-esteem their whole lives. 4. If we created a society that focused less on competition and more on curiosity, we would have a more balanced and more evolved civilization. Competition uses the ego to pit people against each other, while curiosity is a personal exploration that encourages out-of-the-box thinking, which leads to new inventions and improved systems. 5. If we regulated Capitalism to be more fair, there wouldn't be such a need for hand-outs and charitable organizations, as everyone would have a fair chance in the game. Poor children never get a chance to enter the game, because Capitalism requires a surplus of capital. Even the game of Monopoly gives everyone a bank to start out in the game. Poor children get nothing: no down-payment on a home, no college education, no seed money to begin a business, no Ivy League connections. They spend their lives living from paycheck-to-paycheck, unless they get lucky. Those success stories are meant to cause ridicule for anyone who doesn't make it and to insinuate that anyone who works hard can make it. That is a fallacy. 6. Inheritances should not be permitted, as once you're dead, you no longer have a vote or a say. Once you're dead your heirs should have already been blessed with your knowledge to survive on their own without a hand-out from the parents. Read up on what Thomas Paine thought about inheritances. He proposed that estates of the deceased be put into a fund to be dispersed in equal amounts among the youth of the nation at a determined age to begin their lives. Everyone would start at the same place, rather than relying on the lottery of birth. It's my opinion that this would create a more mentally healthy society. The defense of Capitalism is in itself clearly a symptom of sickness and brain-washing. 7. It is nothing more than hypocrisy to support Capitalism, but then also argue that inheritances are fair. If you don't think your brats can make it playing on a level playing field with everyone else, then perhaps you didn't do a very good job of parenting. Oh, if you think your brats deserve to be ahead of everyone else in the game, then you're just a selfish a**hole and that is a matter of character. No argument there. 8. Society is no more than a game with rules established by the participants. There is a consensus reached to define the values and then the rules are supposed to support and encourage those values. Let's be clear that unregulated Capitalism rewards cut-throat, selfish behavior. I think we can do better. 9. How can we improve? Co-operative businesses, abolish inheritances (estates go to all the youth of the nation equally), ban monopolies and ownership of all enterprise (including businesses, inventions, medical research, utilities, etc.) that was initiated with public money should remain in the hands of the public to reap any profits or to pay for use at cost, thus eliminating profits. I'm not trying to win an argument, I'm trying to make people think. Those who claim that Capitalism is the most successful economic system in history are not thinking critically and obviously have not read much history. Let's look in the mirror and figure that out, then get on the internet and do some research - not to support your claims (as you already know that), but to learn something new. You don't know everything and until you do, you shouldn't stop listening to what others have to say.
@koreyhoss9523
@koreyhoss9523 4 года назад
this was the most chaotic crash course episode i've ever seen and i support it
@yuki-pj5vv
@yuki-pj5vv 4 года назад
“Do not go to Alaska with a girl you just met.” Looking For Alaska? 🧐😂
@duskpede5146
@duskpede5146 4 года назад
no its a real thing he did
@wagnergauer9133
@wagnergauer9133 4 года назад
You probably didn't read the book
@kelseysmith3818
@kelseysmith3818 4 года назад
His hyperactivity gives me anxiety
@jonahladish-orlich7287
@jonahladish-orlich7287 8 лет назад
Watching this in 2016 sorta makes me reflect; now we have Bernie Sanders to talk about socialism, and I guess I'm happy about that. Why? Because it's about time that the people of America realize that corporatism (the result of capitalism after large business entities convert their "economic freedom" into "personal freedom") is purely disastrous, and ultimately incompatible with a democratic society.
@a.karyakin5979
@a.karyakin5979 8 лет назад
+LegoGuy87 He said democratic society, not democratic State. So he's right. The Nation is built upon a democratic foundation, the State is a Republic.
@a.karyakin5979
@a.karyakin5979 8 лет назад
+LegoGuy87 He's referring to the social structure of the country, not the legal political system of the government. In the US, people vote for their representatives, then their representatives vote for their needs. Voting is a basic democratic principle. So while the State is indeed defined as a Republic, it is a Republic via Democratic means. He said society too, which doesn't mean State.
@KASASpace
@KASASpace 8 лет назад
+loneevergreen Capitalism inevitably fails when technology runs rampant. Why? Because then it's no longer everyone taking advantage of everyone else, it's a few taking advantage of everyone else.
@KASASpace
@KASASpace 8 лет назад
+LegoGuy87 It's democratic in that citizens can participate in the political process. You can run for a position. You can talk about it, and try to change someone's mind. It's like a kind of democratic republic.
@Grort
@Grort 8 лет назад
+loneevergreen It's good you have Sanders. Up till now, you've only had the right and the centre. Now you can actually explore some socialist policies that are successful in Europe, Oceania and even just north of your order, or at least discuss them. Ultimately, a mixture of socialism and capitalism, aka Social Democracy, would be the best route, as it gives the people the necessary safety net in the case of financial failure in a competitive market. It also keeps a healthier workforce, which again is necessary to compete in a competitive market.
@Ryangombocz
@Ryangombocz 5 лет назад
Rename this episode to John Green does coke
@pretzel502
@pretzel502 5 лет назад
replace does coke with is bias.
@ScareSans
@ScareSans 5 лет назад
@That guy Bacon at this point, we might as well change it to John Green is actually secretly Elvis, who used time travel to look younger and plastic surgery to make himself look like someone else. because he isn't biased.
@tylerdurden4392
@tylerdurden4392 5 лет назад
@@ScareSans Of course he is biased! He describes George Washington like he's Genghis Khan and Genghis Khan like he's George Washington.
@ScareSans
@ScareSans 5 лет назад
@@tylerdurden4392 to be fair, lots of stories about Khan and Washington are probably farse, or stretched out of proportion. I doubt he's biased, and if he is, he keeps it from creeping into his videos perfectly.
@tylerdurden4392
@tylerdurden4392 5 лет назад
@@ScareSans In one of his videos he says "let's face it, all white men (or people or whatever) in the Americas (at a certain time) were racist" ...I'm paraphrasing, but it's 98% accurate and it gives NO credit to abolitionists or anything that came before efforts to fight slavery. There are also many mentions of "the Mongols" when it comes to positive things even though Genghis Khan raped so many women that many would kill themselves to avoid the serial rapist--he changed the gene pool of entire communities! Not only that, Genghis Khan was an illiterate monster that couldn't get through his teen years without killing his own brother. Even Attila the Hun would shy away from such a savage, yet American leaders were the bad guys of history?
@ryanjameson8959
@ryanjameson8959 3 года назад
Oooohhhhh God I'm going into the comments section Wish me luck
@khalidbinhareb4324
@khalidbinhareb4324 4 года назад
Man i came with good intentions to learn about capitalism and left youtube with a headache. Hence, i never comment in youtube
@samdrew4183
@samdrew4183 7 лет назад
All I want for Christmas is to seize the means of production
@roosejo728
@roosejo728 7 лет назад
andrew carrera Mkon
@jacoblrfa
@jacoblrfa 6 лет назад
*memes
@raosprid
@raosprid 6 лет назад
That's easy start your own business and do all the work yourself.
@raosprid
@raosprid 6 лет назад
No it's not; you still have to sell what you create in socialism. They aren't "taking back" anything at all. It's stealing the land, building, machines, savings, etc. The owner bought them and risked a considerable amount of cash (typically life savings, considerable loans with the house as collateral) to create the business. If the business fails the owner may be ruined. Without him the jobs would not exist in the first place. The workers are trading their labor for a wage, and unlike the owner they will be paid even when the company is losing money. And the workers are free to pool their resources and take the risk of starting their own business. But they don't want to take that risk. Why should one reap the rewards without taking the risk?
@Anactualfungus
@Anactualfungus 6 лет назад
Why do you assume workers can't own a business? "Without capitalists jobs would not exist" says who? Do you really think benevolent landlords and CEOs create trade and business? Do you think we'd run out of food if Monsanto let the workers own the land? Or we'd run out of oil or coal if tycoons weren't profiting off of them? "unlike the owner they will be paid even when the company is losing money" lmao, really? Is that why capitalists claim that raising the minimum wage will get people laid off? No, if they company loses money it'll cut corners wherever it can. Jeff Bezos could double all of his 340000 employees' salaries just by docking his own pay, and he'd still be in the top 1%. It's pretty clear that capitalists are hoarding as much wealth as possible. And there's very little risk for the capitalists in the modern systems because a) the amount of wealth accumulated through dynasties and inheritance ("A small loan of a million dollars), b) banks are much more willing to lend to the already wealthy for startups, and almost never to co-ops because bankers are looking for profit too, and c) capitalists have worked with the state for decades on things like NAFTA and other neoliberal trade agreements, in order to ensure they can squeeze as much value from the laborers as possible, even if it means outsourcing, slavery, and death squads, such as the child slaves in the Congo who work in mines for 2$ a day for Apple, inc.
@simaofilipe8682
@simaofilipe8682 5 лет назад
12:42 Sweden is very pro free markets I don't get why everyone keeps saying they are a socialist example to follow. They are indeed an example to follow in MANY areas but they are definitely not socialist
@howtocossackdance
@howtocossackdance 5 лет назад
Boi the SFRY had a free market and they were full blown COMMUNIST...
@pretzel502
@pretzel502 5 лет назад
@@howtocossackdance free market does not mean capitalist
@user-yh6tt2nu4p
@user-yh6tt2nu4p 5 лет назад
@@pretzel502 A free market is a market controlled by individuals. If other workers control the market then it is no long free.
@dionakgamer7769
@dionakgamer7769 5 лет назад
The Crazy Cossack Hahahahaha Why you just said is dead person can be alive 🤣🤣🤣
@user-yh6tt2nu4p
@user-yh6tt2nu4p 5 лет назад
@@pretzel502 You cannot advocate free trade unless you are a capitalist. Capitalists believe in free trade while non-Capitalists believe in fair trade. Fair-trade does not advocate free trade because if your freedom is exchanged for fairness.
@dillanhawkins6501
@dillanhawkins6501 4 года назад
I’m binge watching the entire series for fun. Not for school. For fun
@AnantJain-es5xj
@AnantJain-es5xj 4 года назад
11:03 So we're not gonna talk about the guy banging his head and money spewing out of it?
@spencer7815
@spencer7815 6 лет назад
Capitalism is an imperfect system. But it’s the best system we have. It accounts for human need and nature. However we do need some government intervention. Worker protection, child labor laws, and anti trust laws are required to help maintain the free market. It’s also the most democratic.
@danielchapman547
@danielchapman547 6 лет назад
Spencer Wines Agreed, and it shouldn’t be hard to achieve. International trade has prevented wars and improved the GDP of a number of countries. By interfering to prevent monopolized business and enforcing agreed upon social policies working conditions and standards of living, almost anyone can prosper in a capitalist system.
@spencer7815
@spencer7815 6 лет назад
Daniel Chapman a mixed economy exactly.
@JoseRojas-ns1dp
@JoseRojas-ns1dp 6 лет назад
Capitalism is but not Neoliberalism. Neoliberalism is the system we are increasingly heading towards.
@spencer7815
@spencer7815 6 лет назад
Jose Rojas I don’t follow. Can you explain.
@JoseRojas-ns1dp
@JoseRojas-ns1dp 6 лет назад
Spencer Wines, Since the 80's there is a new form of capitalism that is increasingly taking over and that is destroying our societies, neoliberalism. People often associate the "system" we live in today with capitalism but it is more than ever a neoliberal system and it is only getting worse.
@TheJRSvideos
@TheJRSvideos 8 лет назад
Pure socialism or communism and pure capitalism are both disastrous in different ways. The struggle we still face today is how to balance the two, or how much of each side we should embrace.
@ratelslangen
@ratelslangen 8 лет назад
+RyHerbs Pure socialism and especially pure communism have not existed. Not even close.
@ElOchentero
@ElOchentero 8 лет назад
+RyHerbs totally agree
@TheJRSvideos
@TheJRSvideos 8 лет назад
+ratelslangen pure forms of those systems haven't yet existed because the societies which attempted to achieve them fell apart before they ever got there. With this in mind, and by analyzing the nature of those systems themselves, we can conclude they simply wouldn't work in the real world.
@milascave2
@milascave2 8 лет назад
+Ben Graham North Korea? That totalitarian theocratic monarchy? Hardly.
@CellLord01
@CellLord01 8 лет назад
+RyHerbs Why, whats wrong with pure capitalism? What we have now is a mixed economy, and its getting crushed by debt, the fed's money mismanagement, and corruption.
@maxonmendel5757
@maxonmendel5757 Год назад
this needs a revisit after the events of 2020
@seneris
@seneris 3 года назад
"Capitalism is all about efficiency" *laughs in 2020*
@darthvader7888
@darthvader7888 8 лет назад
"Capitalists are so selfish and greedy! They won't let me decide how their money is spent!"
@DeathToTheDictators
@DeathToTheDictators 8 лет назад
+Darth Vader holy f%ck are you ignorant.
@maestro2368
@maestro2368 8 лет назад
+DeathToTheDictators Yea man! You showed him! The points you just made were clearly well thought out and educated! I could clearly tell what you were trying to express and you totally proved that you know what you're talking about! Good for you Mr. Socialist!
@DeathToTheDictators
@DeathToTheDictators 8 лет назад
maestro23 lol ok smart guy, let's start with point number one....how exactly is the money a 'capitalist' business owner gets from his business 'his money', when it's actually his workers that are doing all the actual work for this money? It's THEIR labor, is it not their right to get the fruits of said labor?
@DeathToTheDictators
@DeathToTheDictators 8 лет назад
Puglous "The workers profit" - 'profit'? They get to not starve, hardly 'profit'. If they were getting a wage more proportionate to the income they generate for their company, THEN they'd be getting 'profit'. "and combined they only get to take home 3% of the business' revenues. That's fucking finger nail clipping" - only a fucking moron would call 12 billion 'finger nail clippings'. "why the fuck hasn't ANYONE done it!?" - there ARE many successful companies that offer decent wages, and profit sharing, employee stocks/shares, etc. Costco for one.
@DeathToTheDictators
@DeathToTheDictators 8 лет назад
Puglous "Who the fuck are you say workers aren't paid proportionate to the income they generate!?" - the workers to whom i've almost exclusively referred to (ie. Mcds walmart etc workers) are NOT getting a wage proportionate to the income they generate. I never said ALL workers, you strawman piece of shit. "How could they not be paying workers proportionately to their productivity when their revenues are almost equal the money that goes to workers (97%)?" - lol name me these companies that list 'employee compensation' as 100% of their 'cost', idiot. "get rid of the rich "parasites", and you'd add a measely three fucking percent to your paycheck" - which adds approx $7,000/year to a full time walmart employee. Which is like a 50% raise. "How much additional revenue do you think Cashier #8, who ensures that you will have a 1 minute shorter wait in line when the store is busy, really brings in!" - lol considering the store can't sell ANYTHING unless there's people working the til, i'd say quite a bit.
@annimovmov164
@annimovmov164 7 лет назад
When the enclosures of the commons took place in England, i think that the changing of people's mindsets towards a capitalist one was essentially a forceful assimilation in order to survive. The commons were lands that anyone could use to take their cattle to graze upon, pick berries or herbs (whatever may have grown - not sure if would just be wild or if people would plant stuff there too), chop wood for fire, (and particularly for women, the commons was an important social space of meeting and working together), helping each other out etc. The enclosures of the commons privatised that land, removed all the social and economic activity that was a part of the commons, and forced those people, who were mostly peasants (not meant derogatorily), to survive by making money (or more of it than before). With the commons taken away, i think pretty much the only way for most peasants or lower-class people to survive was to go and work in the new, industrial factories (or mines/other industrial labour) - in order to make a wage, this wage being now the only way that people could live.I'm not the first to argue that this change of culture was a violent process, as it removed people from the land - though i'm not saying that everything about peasant life is good of course. But it took away people's ability to be more self-sustaining, and forced them to work for most hours of the day doing repetitive, draining, often dangerous forms of labour (as mentioned in the video), that brought them very little fulfilment (beyond being paid and just surviving on that payment, but I wouldn't call that fulfilling) and, I would argue, made them much more oppressed by their new employers.
@corybosma9341
@corybosma9341 5 лет назад
"You didn't know about Stalin" I'm dying
@josephstalin2138
@josephstalin2138 3 года назад
Cory Bosma wow
@huiba1
@huiba1 3 года назад
Blyat
@pixelpeoplewarrior4221
@pixelpeoplewarrior4221 4 года назад
Santa: Favorite color is red, forces the population under his rule to work with little to no pay, gives out stuff for free, bushy mustache Stalin: Favorite color is red, forces the population under his rule to work with little to no pay, gives out stuff for free, bushy mustache
@SuperLigad
@SuperLigad 8 лет назад
"In the United States Socialism has become something of a dirty word" Yeah, tell that to comrade Sanders and his followers.
@haloljt
@haloljt 8 лет назад
+Stannis Baratheon Sanders has followers because his policies are good. He is not bought off by corporate america like the rest of the candidates are, either.
@SuperLigad
@SuperLigad 8 лет назад
Benjamin Ljunggren Socalism is not "good", and Rand Paul was an amazing candidate who wasn't "bought".
@haloljt
@haloljt 8 лет назад
"Socialism is bad" Oh, I have never heard this before. Paul was my favourite republican candidate, but he is still VERY questionable on climate change policies (like basically all republicans) and he is pro-life which I can't find myself to support at all.
@SuperLigad
@SuperLigad 8 лет назад
Benjamin Ljunggren You heard it before? From every logical person ever? And Rand is educated on climate change and knows human activities have little change on it and killing complete industries is insane.
@haloljt
@haloljt 8 лет назад
Stannis Baratheon I've heard it from every american that still believes in the anti-communism propaganda that Reagan and others were spewing out during the cold war. The scientific consensus is that human activity has a significant impact on our climate. To not accept this is nothing but pure scientific illiteracy. But I wouldn't expect much more from a republican.
@pvtspartan
@pvtspartan 8 лет назад
You forgot to mention that Marx never worked a day in his life and lived a life of luxury in his friend's Capitalist Father's house.
@ironpill2012
@ironpill2012 8 лет назад
He lived true to his philosophy
@robbob6028
@robbob6028 8 лет назад
Apparently Capital just materialized out of thin air and published itself under his name. without him writing a word of it. Or you don't consider writing work,
@TheUnit270890
@TheUnit270890 8 лет назад
Lmao yes he did. He had several jobs.
@krank23
@krank23 8 лет назад
And this, ladies and gentlemen, is what is called an Ad Hominem.
@vingerhoedskruid1
@vingerhoedskruid1 8 лет назад
Indeed, Marx sponsor was an uncle of his, the Dutch trader in tabaco, mr Philips, indeed a relative of the Philips who founded Philips Electronics. Das Kapital founded by the capitalists.
@michaelcrenshaw6398
@michaelcrenshaw6398 4 года назад
“Although it’s bad if you’re a sailor because you lose your life, it’s really bad if your a merchant because you lost all your money.” 1:54 Am I the only one who thinks that there is something wrong with that statement
@communism_is_based
@communism_is_based 4 года назад
ppl < money. Capitalism in a nutshell
@InsertCleverNameHere0
@InsertCleverNameHere0 4 года назад
That's the joke
@kimobrien.
@kimobrien. 4 года назад
T'is is the thinking of those who worship the Federal Reserve Note.
@kimobrien.
@kimobrien. 4 года назад
Ya we get we are disposable but somehow for the capitalists going bankrupt is a fate worse than death. This is why he becomes to fat and needs a bailout.
@robertperlman5150
@robertperlman5150 4 года назад
Maria Catarina Bolena ok socialist
@llisagomez5706
@llisagomez5706 4 года назад
“Very hard to take off a shirt dramatically” perfect lol
@AyeshaKhan-nw6ke
@AyeshaKhan-nw6ke 7 лет назад
Saving history grades since God knows when :')
@ezekielmartin4323
@ezekielmartin4323 6 лет назад
May 19th, 2006!
@hoodylinksburg3208
@hoodylinksburg3208 6 лет назад
K Monster
@SaidAvriley
@SaidAvriley 6 лет назад
Adam Soli goodness, I'm an engineer and I got like 4 history classes. Architecture program study though…
@btdpro752
@btdpro752 6 лет назад
K Monster ever heard of studying
@KeithMakank3
@KeithMakank3 6 лет назад
The test of life grades you much much harsher. I think you are studying for the wrong tests noobs.
@7FlyingPenguin
@7FlyingPenguin 9 лет назад
Capitalism serves simply to maintain the economic/class divisions in society and to produce profit for businessmen. People might say capitalism works, what they mean by that is that it is the only economic system that has been able to sustain itself on a large scale over a long period of time. Governments and businesses have been very successful in manipulating the population to conform to the capitalist system, when in reality they are just promoting it because capitalism and the current status quo helps them to maintain their power.
@alexpeh3363
@alexpeh3363 9 лет назад
Capitalism works because it rewards success. Do you honestly think a factory worker and a Doctor should be making the same amount of money?
@7FlyingPenguin
@7FlyingPenguin 9 лет назад
Yes they should have the same or at least similar wage. Making money and profit from health care is immoral in my eyes anyway.
@OfficialRapMV
@OfficialRapMV 9 лет назад
what is immoral for you? Is selling food at a profit seem immoral for you?
@alexpeh3363
@alexpeh3363 9 лет назад
***** Who gets to define what is moral and what is not? You're an idiot. So if uneducated factory workers are going to get paid the same as Doctors. Do you honestly think people would push through medical school if they know they will not get anything out of it?
@7FlyingPenguin
@7FlyingPenguin 9 лет назад
Yet Cuba has the 2nd most doctors per capita, while USA is 52nd.
@GuardiansCreed
@GuardiansCreed 4 года назад
I know his character makes the show, but I would love people to end the sideshows that take place during these. "to keep people interested" I saw the title and clicked. Im interested.
@johnortiz6129
@johnortiz6129 4 года назад
0:47 so that's his inspiration for "looking for alaska"
@sierrafarnum9689
@sierrafarnum9689 5 лет назад
For those of you that think he was being bias - one of the motifs of this series is going against stereotypes/common beliefs that are wrong. It's in almost every video. Most people in America love capitalism and hate socialism. He was simply trying to put them on equal playing fields by addressing the misplaced fear of socialism in a broader sense. I am not talking about whether one of them is better than the other or anything. Simply stating that his point of the series is making people more open minded and addressing false stereotypes, and that is what he seems to be doing in this video.
@mrannunaki6852
@mrannunaki6852 5 лет назад
was socialism even explained here???
@nijobot
@nijobot 5 лет назад
Nope
@captainmanacles
@captainmanacles 5 лет назад
That really struck me. He didn't really get into the core criticism of capitalism, and his emphatic pronouncement that people are better off under a capitalist system ignores a number of things like, that our economy is driven by overseas slaves, or that our standard of living has only improved as we've gotten more socialist, and democratic countries more socialist than us are generally better off. It all seems very "8th grade social studies" view of communism, that China and Stalin are the best examples of how Communism turns out. Communist uprisings in China having to be suppressed by the government should tell you all you need to know about how communist China really is.
@mrannunaki6852
@mrannunaki6852 5 лет назад
@@captainmanacles Well... I don't think socialism is the answer.. no one but the man incharge people in his or her favour can be free to get rich.. Their should be a happy medium.. Britain is a good example of a mix of the two.
@captainmanacles
@captainmanacles 5 лет назад
@@mrannunaki6852 In democratic socialism there is no single "man in charge". On the other hand, under capitalism the richest people in the country generally run everything. Britain is pretty right wing and has a pretty screwed up economy. A good example would be Denmark, which is pretty close to pure socialism and has the happiest population on the planet.
@jpjustinjpc
@jpjustinjpc 5 лет назад
idk did it say it was bad? if so then yes
@EmmaRuiz-ic8lr
@EmmaRuiz-ic8lr Год назад
I love his lessons as a student in the 7th grade i find myself watching his videos for hours. He got me to laugh and learn give him a prize for his teaching ways
@shalonanwar6882
@shalonanwar6882 3 года назад
Oof this comment section is a garbage fire.
@VulpeculaJoy
@VulpeculaJoy 8 лет назад
And now let's talk about the Red Fear which made it impossible in the United States to talk about socialism unpejudiced.
@jaredlangley6924
@jaredlangley6924 8 лет назад
You mean the red scare? You sound like you like socialism...
@DeathToTheDictators
@DeathToTheDictators 8 лет назад
"You sound like you like socialism" - you sound like you like unfairly funneling most wealth to a small minority
@VulpeculaJoy
@VulpeculaJoy 8 лет назад
DeathToTheDictators Exactly!
@jaredlangley6924
@jaredlangley6924 8 лет назад
DeathToTheDictators No one is funneling anything to anyone. You know everyone in the top "1 percent," is anyone who makes 150,000 or more. They already pay around half the taxes in the U.S. I think they pay more than their "fair share!" If someone is strong willed enough to go start and business and have the intelligence to do so then they deserve the benefits. If it wasn't for these wealthy CEO's there'd be way less jobs.
@DeathToTheDictators
@DeathToTheDictators 8 лет назад
+Jared Langley look sir...did John Walton somehow perform the millions of man-hours it took to make his billions? No, his low paid workers did. Like i said, unfairly funnels most wealth (that's actually earned and created by the low/middle class majority) to a small (rich) minority....that's capitalism in a nutshell.
@stephen_lilly_0495
@stephen_lilly_0495 5 лет назад
My favorite history show John! Please bring it back with singular episodes on certain topics
@dqh2966
@dqh2966 4 года назад
People often do not realize that most nations are a very large mix , especially in nations in the EU and North America. People like to call the scandinavians all socialist when they actually tend to be very socialist in welfare projects and benefits and tend to be more capitalism when it comes to the economy. There's a lot of cross over even within those categories
@cash_burner
@cash_burner 4 года назад
Capitalism isnt about efficiency in helping people, it's about efficiency in earning profits
@Dayglodaydreams
@Dayglodaydreams 5 лет назад
I have questions now. I haven't been formally educated in economics at all. How are (or were) Capitalism and unemployment tied? How did child labor become abolished in the US (and in the U.K. and Germany)? This cultural shift is really complex. Also this bit about Utopian Socialism and Auguste Blanqui is fascinating (I don't think I've encountered Blanqui outside of this video). Would CC consider a future course on Labor History or a History of Economic Thought course? That would be awesome! John would be a good teacher for manyl of these. Maybe do another video on Capitalism as Culture or Capitalism as Cultural Revolution hosted by Mike Rugnetta (If he's interested and doesn't have other projects in mind)?
@trugangsta4real
@trugangsta4real 5 лет назад
The point is that a culture that priorities material comfort comes with its costs. Mental , spiritual, and social health are all suffering greatly.
@ShunyamNiketana
@ShunyamNiketana 4 года назад
But material comfort frees one to explore these other domains.
@FrankCunhaIII
@FrankCunhaIII 4 года назад
@3:10 Florida was not counted as one of the original 13 colonies. This was primarily because of the fact that it was a prize of war rather than one settled by English colonists. The British took possession of Florida in 1763 as the result of the Seven Years War.
@lumam1562
@lumam1562 5 лет назад
Obrigada pela legenda em portugues (BT). Muito bom !
@Hagashager
@Hagashager 7 лет назад
Maybe I'm being dense here, but the answer to your ending question seems pretty obviois to me: Capitalism and Socialism are both unnatural on their own. Humans are BOTH competitive and Communal. Humans are BOTH greedy and generous Humans are BOTH innovative and prone to stagnation. pure Capitalism represents only one half of the human condition, and communism, yoo, only represents the other half of the human condition. Humans have always soight competition and, in turn, innovation to be more competitive. Otherwise, there never would've been an Egypt to compete with a Mesopotamia. Yet the very existence of families, tribes, empires, nations and social structures, by its nature, openly display's humanity's innate sense of community. So economically, we are always wirking to reconcile the two halves of our nature. At this time in human history, that reconciliation is rooted in thr middle-ground of capitalism and communism. None of what I've said seems all that high-minded or clever, so I'm curious as to why it's difficult to understand this.
@lostdarkside
@lostdarkside 7 лет назад
People just capitalize on the state ... Everything is capitalism ... From your relationships to any object you are willing to trade .. That's it ... People wanna argue whether a glass of water is half empty or half full ... That's not the point ... It's value is subjective to the individual and whatever transaction is taking place.
@Sh0cKwavE__
@Sh0cKwavE__ 7 лет назад
Capitalism isn't all greed. People don't have to be forced to to be generous. Appealing to the consumer helps all people get the best things producing a better economy
@thomase13
@thomase13 7 лет назад
This is the most brilliant and succinct way I've ever seen this issue worded! I think people are so saturated in their own culture that they can't or don't want to understand.
@superduperisaac
@superduperisaac 7 лет назад
That was brilliant! dude you put my emotions into words!!
@TheOsamaBahama
@TheOsamaBahama 7 лет назад
Unlike socialism, capitalism wasn't idealized by an intelectual. It was a system naturally developed by time. Communism only exists when it's enforced.
@HematomaFalafalPatrol
@HematomaFalafalPatrol 9 лет назад
The amount of blanket statements in the comments is smothering (eh?). I'm a capitalism-supporter, but it would be stupid of me to claim there were no benefits and detraction's to socialism and capitalism both. What's with all the one sided idiots?
@epiclysmart
@epiclysmart 9 лет назад
I know, right? People should keep an open mind.
@JunSian1001
@JunSian1001 9 лет назад
I totally agree with you. I think people like to label things as "good" or "bad" because it is easier, i.e. more simple to understand things that way. Like John often states in his lessons, there is no easy answer to any problems or issues. There is always benefits and costs for every single solution or system. We have to weigh the pros and cons (cost-benefit analysis) for each individual case to make the best decisions.
@jupiterrocks24
@jupiterrocks24 9 лет назад
+luvcheyney1 I don't think he means concrete things like stealing or lying so much as ideas and historical events. We have to acknowledge that not everything we come across can have a label slapped on it and we can go our merry ways. We need to see each side of the issue, and even then, a simple label won't cut it. Even stealing and lying should be distinguished between "bad" and "condemnable" acts. As in, we, as imperfect humans, have no right to condemn someone because of an act. Disciplinary actions can be taken, though, not saying there shouldn't be consequences for actions.
@jupiterrocks24
@jupiterrocks24 9 лет назад
Addressing the original commenter this time: I emphatically agree. In regards to this topic, I believe in using some socialist principles to structure free markets and capitalism. I value humanity over money, and while this can't really be communicated into law, I want regulation that supports this.
@TheClassicalSauce
@TheClassicalSauce 9 лет назад
luvcheney1 Because we've collectively decided that we don't want old people to die of treatable diseases. When we are old, we'll rely on our collective children to do the same for us. It's called community, and if you don't like it, go be a hermit.
@nadael-falou191
@nadael-falou191 3 года назад
Out of curiosity, is there an accessible/public place where you document your resources? Not only for this video, but in general
@headwyvern11
@headwyvern11 4 года назад
I would PAY GOOD MONEY to hear the audiobook of you reading the manifesto! Please someone make this happen!
@harmstrongg
@harmstrongg 4 года назад
You would "PAY GOOD MONEY" to hear someone read the COMMUNIST MANIFESTO? :thinking:
@nl7837
@nl7837 4 года назад
@@harmstrongg we live in a capitalist society dude. I dont get your problem.
@harmstrongg
@harmstrongg 4 года назад
@@nl7837 of course you don't lol
@covenawhite4855
@covenawhite4855 4 года назад
Google free communist manifesto audio book and you get a RU-vid video
@harmstrongg
@harmstrongg 4 года назад
@Air Get better lines, who doesn't have a job in this economy? Oh, right, communists.
@Gatzlocke
@Gatzlocke 10 лет назад
I don't really think it matters whether it's capitalism or socialism as long as we understand that anyone with power will try to keep that power. It's human nature, and to keep that power, they will always bend rules in their favor. Whether it's the government corrupting itself or corporations corrupting the government, power is something that instinctively protects itself. Both overly powerful governments or businesses will end up hurting someone.
@Cleopas82
@Cleopas82 9 лет назад
This is a great response! I would suggest that the way to keep power decentralized is a system where one has the direct incentive to serve it's "customers, people" keeps the power in check. Free Markets do that much more efficiently than other systems. Guess which side I'm on!
@MrDICKHEAD28
@MrDICKHEAD28 9 лет назад
Matthew Bellis your a liberal liberals are delusional and stupid free market only works if no one is greedy and have honest capitalist system LOL which Capitalism is not its about profit and greed live with that idea your liberal ideas are stupid and out of this world you will only find Free Market at your nearest yard sale
@jefflamica3284
@jefflamica3284 9 лет назад
MrDICKHEAD28 Ahhh yes, the ol' wildly generalize, and insult strategy. Matthew's comment sounds way more Libertarian than liberal, but whatever.
@cwdor
@cwdor 9 лет назад
you forgot religion.....christianity.
@williamshakespeare9320
@williamshakespeare9320 9 лет назад
This statement by Gatzlocke was so well worded. Profound to say the least. It comforts me greatly to witness even a small morsel of intelligence and common sense in a world filled with foolishness and willfully blind sheep.
@mackmaster100
@mackmaster100 10 лет назад
In Sweden there is truly a huge difference between the use of the word socialism and communism. Communism is here a really dirty word just as in USA, though socialism is not at all a dirty word and is associated with the swedish social democratic party, which is considered pretty far from communism.
@Markus9705
@Markus9705 10 лет назад
Well, Social Democrats aren't really Socialists. Social Democracy is a secession of Liberalism. Miljöpartiet and Vänsterpartiet is the only Socialistic parties we have, really. Then we have Social liberal parties, which all parties in Alliansen probably falls under, and then we have two (sort of) Conservative parties, KD and SD.
@mackmaster100
@mackmaster100 10 лет назад
Markus9705 Yeah I agree to an extent but I would not consider Miljöpartiet (The Environment party) a socialist party only Vänsterpartiet (The Left Party) fits in that category and Moderaterna (The Moderates) is mix between a social liberal party and a conservative party.
@Markus9705
@Markus9705 10 лет назад
MackMaster Miljöpartiet is definitely a Socialist party. They are aginast profits in the welfare, Swedish arms exports and surveillance on the Net. Instead, they want to pay tribute to people and whistle blowers who find fault in democracy. They want that our (Swedish) foreign policy priority to conflict prevention and non-military means to create and maintain peace and promote democracy and human rights, they want free school meals, free state health care, they fight for LGBT rights, they promote animal rights and so on. Miljöpartiet describes themslef as a feminist party, and as far as I konw they are for affirmative action. I would consider them as green Socialists, mainly because they are Socialists. :P The Left Party in Sweden have quite similar opinions as the Environment Party, which personally is a bit of a problem for me; I don't know what to vote for. :(
@Markus9705
@Markus9705 10 лет назад
MackMaster Moderaterna is Liberals, not Conservatives. Anyone who say that they're Conservative haven't simply read their Party Program.
@mackmaster100
@mackmaster100 10 лет назад
Markus9705 To be against surveillance on the internet is a liberal idea, it is built upon rights of freedom. You are doing what you want with your internet without anyone blocking you or affecting our privacy. LGBT rights is also built upon a liberal grund. Being able to marry who ever you want without the state interfering for example is very liberal. My personal viewpoint is a bit socialist but some parts of liberalism such as these two that I just mentioned are crucial in a great society. Therefore I would consider Miljöpartiet social-democratic environmental party, since social-democratic parties often have a little bit more liberal influences than socialist party's. All party programs are very subjective and promote their own politics in the way they want to present it to the public. Moderaterna originates from conservative routes and writes laws that pretty often stands especially positive to descendants of the old nobility.
@jonmorris2232
@jonmorris2232 5 лет назад
Oh how John has changed in 7 years
@NS-pj8dr
@NS-pj8dr 4 года назад
I think you left out the most fundamental aspect of Marx's economic analysis, which is that in industrial capitalism, the owner of a factory, say, takes home (nearly) all of the profits even though its the workers in the factory who did all the actual work producing those goods. Its a strange arrangement allowed by the concept of private property. Of course, the owner bought the factory with their money, so it is their right to take home the profits. Its all about perspective and values. If you have any sense of collective justice, it seems obvious that the workers have, in a certain sense, been stolen from. They do not get the majority of the fruits of their labor (profits) - they are paid a paltry wage and are kept needing to exchange their labor for wages because they cannot amass the capital to own or invest in their own enterprise. This is why one response to this arrangement is the cooperative - a situation where the workers collectively own their factory and share the profits. Theoretically there's nothing preventing this today, but practically its nearly impossible. This is due to many things preventing people from amassing savings and organizing such a space, but at least in part due to our capitalist culture - people see their livelihoods and careers as individual, like you mentioned, and don't often consider organizing with others around mutual interests. This is one of the most important lessons I gained from Marx.
@elrondhubbard7059
@elrondhubbard7059 3 года назад
_"Of course, the owner bought the factory"_ Yeah, like 8 generations back.
@NS-pj8dr
@NS-pj8dr 3 года назад
@@elrondhubbard7059 I'm not trying to excuse the issue of generational wealth. For sure, I'd agree, most wealth is passed on and maintained, I was just trying to balance the two perspectives on the owner/worker arrangement.
@elrondhubbard7059
@elrondhubbard7059 3 года назад
​@@NS-pj8dr Sorry, that was just what my brain said after I read that sentence I quoted. I actually agree completely with your comment. I wouldn't say I'm a _Marxist_ per se, I think a lot of what he wrote doesn't exactly apply to conditions in the 21st century, but I certainly did learn a lot from reading him and it certainly influenced my thinking in regards to labour and capital.
@NS-pj8dr
@NS-pj8dr 3 года назад
@@elrondhubbard7059 Yeah same, I think of some it still applies but not as strictly because work and classes are a lot more multifarious now, wealth and ownership takes a lot different forms as well. I'm very pro-cooperative, bottom up grassroots democracy, especially when it threatens powerful monopolies (corporations)
@michelmilaneh8963
@michelmilaneh8963 3 года назад
@@NS-pj8dr false most wealth is made
@duel2edge
@duel2edge 7 лет назад
That's not much facial hair for a couple weeks.
@user-mr1ud3pk6n
@user-mr1ud3pk6n 7 лет назад
thatisthejoke.jpeg
@tictacsonthefloor1958
@tictacsonthefloor1958 6 лет назад
he was forced to share it with other people
@allahstan4171
@allahstan4171 5 лет назад
He worked in gulags
@matthewvillalba-mutis6545
@matthewvillalba-mutis6545 5 лет назад
come on John you didn't even play *...the soviet anthem*
@pretzel502
@pretzel502 5 лет назад
Союз нерушимый республик свободных Сплотила навеки Великая Русь. Да здравствует созданный волей народов Единый, могучий Советский Союз! Славься, Отечество наше свободное, Дружбы, народов надежный оплот! Знамя советское, знамя народное Пусть от победы, к победе ведет! Сквозь грозы сияло нам солнце свободы, И Ленин великий нам путь озарил. Нас вырастил Сталин - на верность народу На труд и на подвиги нас вдохновил. Славься, Отечество чаше свободное, Счастья народов надежный оплот! Знамя советское, знамя народное Пусть от победы к победе ведет! Мы армию нашу растили в сраженьях, Захватчиков подлых с дороги сметем! Мы в битвах решаем судьбу поколений, Мы к славе Отчизну свою поведем! Славься, Отечество наше свободное, Славы народов надежный оплот! Знамя советское, знамя народное Пусть от победы к победе ведет!
@michaelwells9970
@michaelwells9970 5 лет назад
Matthew Villalba - Mutis that’s communism
@pretzel502
@pretzel502 5 лет назад
@@michaelwells9970 haha
@bobross2362
@bobross2362 5 лет назад
@@pretzel502 Now make it E A R R A P E !
@pretzel502
@pretzel502 5 лет назад
@@bobross2362 *Союз* *нерушимый* *республик* *свободных* *Сплотила* *навеки* *Великая* *Русь.* *Да* *здравствует* *созданный* *волей* *народов* *Единый, могучий* *Советский* *Союз**!* *Славься, Отечество наше свободное, Дружбы, народов надежный оплот! * Знамя советское, знамя народное Пусть от победы, к победе ведет! Сквозь грозы сияло нам солнце свободы, И Ленин великий нам путь озарил. Нас вырастил Сталин - на верность народу На труд и на подвиги нас вдохновил. Славься, Отечество чаше свободное, Счастья народов надежный оплот! Знамя советское, знамя народное Пусть от победы к победе ведет! Мы армию нашу растили в сраженьях, Захватчиков подлых с дороги сметем! Мы в битвах решаем судьбу поколений, Мы к славе Отчизну свою поведем! Славься, Отечество наше свободное, Славы народов надежный оплот! Знамя советское, знамя народное Пусть от победы к победе ведет!
@eeveegaming4798
@eeveegaming4798 3 года назад
Idk man I’ve seen capitalist who wouldn’t have a conversation and just say “die commie” I mean it’s bad on both sides but isn’t a one sided thing
@user-pv1kt7qq8d
@user-pv1kt7qq8d 5 лет назад
Yes, John. France is totally what you call the border between Egypt and Lybia.
@Scammer_Steve
@Scammer_Steve 4 года назад
Former rightful French territory am I right
@prptheawesome4911
@prptheawesome4911 4 года назад
I think he meant the place his finger landed on was the border of Egypt and Libya. Then again, I wasn’t paying attention.
@bcnicholas123
@bcnicholas123 6 лет назад
Under socialism, everyone is equal...ly poor.
@JohnDoe-ef3nv
@JohnDoe-ef3nv 5 лет назад
That describes capitalism perfectly. Americans are becoming poorer every year with half the population under the poverty line, and there are billions of people in the world who live on less than 1 dollars a day.
@danielwillets2346
@danielwillets2346 5 лет назад
Hello there The world isn’t capitalist though.
@JohnDoe-ef3nv
@JohnDoe-ef3nv 5 лет назад
Most of the countries of the world are capitalist to some extent. And even those that aren't capitalist are many times negatively affected by capitalist policies which is all about maximizing profits for the wealthy.
@danielwillets2346
@danielwillets2346 5 лет назад
Hello there Lol, yeah, those capitalist countries have the lowest poverty rates. It makes whoever works hard and takes financial risk richer. Capitalism has pulled more people out of hunger and poverty than anything in the history of the world.
@JohnDoe-ef3nv
@JohnDoe-ef3nv 5 лет назад
What part of "billions of people live on a less than 2 dollars a day" don't you understand?
@Phalanges97
@Phalanges97 4 года назад
My ADD started acting up after 10 seconds of watching this ☹️
@karaklein360
@karaklein360 4 года назад
A.m 00000 dude me too I wanna slip this guy a Xanax
@yallneedjesus5465
@yallneedjesus5465 4 года назад
Don't worry. So did his
@Renegade_Melungeon
@Renegade_Melungeon 4 года назад
As always, I appreciate your humour and explanations.
@priyanks91
@priyanks91 6 лет назад
I am no expert, but I learn so much from your 10 minute pieces. Big fan. There's so much new perspective you throw on things, like in this case, i never thought of what businesses should be taken care by the govt and which ones by the individuals. My country is still figuring which ideas to choose. Also, was shocked to see that roots of socialism lied in french history. Very new to me. Much love from India.
@vidhead85
@vidhead85 8 лет назад
I am a Democratic Socialist much like Bernie Sanders, he hits on every point and I'm voting his side in 2016!
@GawdGFX
@GawdGFX 8 лет назад
vidhead85 Please look up Milton Friedman or Thomas Sowell. Don't just vote for Bernie because what he's saying sounds nice. Sowell and Friedman completely destroy any point Sanders makes and they are some of the most respected economist, authors, and professors ever
@vidhead85
@vidhead85 8 лет назад
GawdGFX I acknowledge your point, but I'm going Bernie all the way. He HAS ideas unlike many of the candidates running and the idea of universal healthcare, tuition free schooling, mandatory paid vacation (for workers apparently) and I believe paid maternity and paternity leave is a must for new parents What he's saying doesn't just SOUND good, it IS good for the mental health and well being of our country I respectfully disagree with you, and I've heard of these individuals before
@parnelijones5462
@parnelijones5462 8 лет назад
vidhead85 Free stuff means you like govt to go out and take other people`s money, and go buy shit for you. You are no different than a common thief. You just want to elect Bernie to do it for you.
@vidhead85
@vidhead85 8 лет назад
Parneli Jones A common thief doesn't work a job, pay his/her texes and expect that they be used to further society A common thief doesn't think about what will benefit others, only themselves, and the things I cited above like universal healthcare, childcare, education, mandatory 2 week vacation and paid time off. sick time actually HELP peoples' mental health NO one who works should work themselves to exhaustion and a bad state of mental health. That is all I need to say
@parnelijones5462
@parnelijones5462 8 лет назад
vidhead85 If you think free universal healthcare is great, that govt is giving us something and you have a right to it, you are a thief. Because in order for Govt to "give", it must TAKE. It takes from those with incomes, and gives to those without. Giving and taking money creates incentives. It rewards those who fail, and penalizes those that do not. This is a set of 2, opposite incentives, both making society as a poorer. It slows good behavior and actions, rewards failing ones. Thats like beating your kid when he does great in school, giving him a trip to Disneyland for failing. Only a fucking moron would think that makes sense.
@descentdoctor8214
@descentdoctor8214 4 года назад
Man, your presentation is incredible
@mirandarichardson2091
@mirandarichardson2091 4 года назад
When he said bourgeoisie I immediately thought.... “The birds your for the bourgeoisie”
@LutherBottrill
@LutherBottrill 4 года назад
Work
@Millsy383
@Millsy383 7 лет назад
Socialism is the best economic system there is, just look at all the great examples throughout the 20th century where countries have prospered as a result... 1. Yugoslavia - no longer exists 2. U.S.S.R - no longer exists 3. Democratic Kampuchea - no longer exists 4. East Germany - no loner exists 5. Laos - Widespread famine, poverty and political oppression 6. Vietnam - Widespread famine, poverty and political oppression 7. Venezuela - Worlds largest oil reserves, political oppression, economic recession, worlds largest murder rate per capita, food shortages... Now lets have a look at the countries which have been oppressed by the greedy bourgeoisie throughout the 20th/21st century as a result of capitalism... 1. U.S.A - worlds largest economy 2. Japan - worlds 3rd largest economy 3. Germany - worlds 4th largest economy 4. Britain - worlds 5th largest economy 5. Australia - Melbourne (2nd largest city in Australia) has been ranked the worlds most livable city for 5 years in a row with a total of 4 other cities in the top 10 each year). Last but not least, after embracing economic reforms in 1978, China has now surged to the worlds 2nd largest economy and largest exporter of consumable goods as a result of embracing.... yep, you guessed it...CAPITALISM.
@Millsy383
@Millsy383 7 лет назад
***** Those Scandinavian countries are capitalist, or have you swallowed the "democratic socialism" BS from Bernie too? The Nordic model they operate under is a capitalist economy with a welfare safety net. On the other hand, democratic socialism is where the state owns, regulates and distributes the means of production under a democratic political system... something which would be impossible in the US seeing as you guys are a REPUBLIC. It's kind of sad to see so many young Americans swallow Bernie's lies about something as destructive as democratic socialism because he spews buzzwords like "free college" and "wealth redistribution"... some things that can only be accomplished through government force might I add. All the problems Bernie talks about in the US have come about as a direct result of government interference. For example, US college fees are so high because the government created an artificial inflation on tuition by making available student loans to every citizen (might I highlight subprime loaning, which was a driving force behind the global financial crisis), which has devalued college degrees... the more there is of something the less it is worth, simple economics. There are more people going to college and getting degrees now so of course tuition is going to go up in price. College students are putting themselves in debt for a worthless piece of paper, where 20,000 other graduates will be fighting for a job opening which can only accept 1% of the applicants. Also with your China comment, China's population living in perpetual poverty halved in the first 7 years of implementing capitalism, from 1978-1975, and their average life expectancy has risen from 32 to 69 when moving from a socialist economy to capitalism. According to the world bank, China's poverty rates fell from 88% in 1981 to 6.5% in 2012... that's over 1 billion people.
@Millsy383
@Millsy383 7 лет назад
+`Dear maN` Bernie drawing examples from Nordic countries while simultaneously promoting Democratic Socialism is flat out lying because they were different economic systems. Nordic countries are more on the side of social democracy which is where my biggest issue with him lies (he intentionally manipulates uneducated millennials because many can't identify that social democracy and democratic socialism are literally opposite). I'm not American either.
@icaruswasalwayshere
@icaruswasalwayshere 7 лет назад
Democratic Kampuchea actually still exist, mind you
@Millsy383
@Millsy383 7 лет назад
Lorde Icarus No it doesn't. The Kingdom of Cambodia now exists on the same landmass as Democratic Kampuchea did after it's collapse.
@icaruswasalwayshere
@icaruswasalwayshere 7 лет назад
Adam Marks Ah yes, now dominant party and constitutional monarchy.
@mladenmilosavljevic6449
@mladenmilosavljevic6449 8 лет назад
every single critique of capitalism you make is destroyed by macbook next to you
@trollgod4911
@trollgod4911 8 лет назад
Please explain
@CuddlyTheMadElite
@CuddlyTheMadElite 8 лет назад
+Sir William Bowlerton, Esq. You have to be brainwashed by a college professor in liberal arts while being turned down higher paying jobs because of said liberal arts degree or have your new SJW propaganda game called "Sunset" to flop miserably in order to hate capitalism*
@MJW238
@MJW238 8 лет назад
How?
@Atilla_the_Fun
@Atilla_the_Fun 8 лет назад
+Mladen Milosavljevic every single critique of state ownership is destroyed by the government built road next to you. Your argument is horryfying. Want to argue Capitalism and Markets? Great, atleast don't resort to illogical arguments.
@mladenmilosavljevic6449
@mladenmilosavljevic6449 8 лет назад
+Sir William Bowlerton, Esq. Idk i was living in socialism and there ive seen starvstion... Not in capitalism... Maybe your world view is incorect.
@kevinmorris9362
@kevinmorris9362 4 года назад
I like how you left the questions open-ended. You didn't act like anyone knows the answer, but provided important context and explanation. Good video.
@bigmacdaddy_2517
@bigmacdaddy_2517 Год назад
A problem with capitalism is the fact that quality goes down. In theory competition should make quality go up, but there is no competition because all companies belong to a handful of people. This is called monopoly which is illegal, but since they understand how loopholes work they always get away with it.
@moi468
@moi468 5 лет назад
I wish everyone stopped using the Delacroix painting to represent the French Revolution since it depicts the bourgeois Orleanist uprising of 1830.
@johnlalrinchhana7563
@johnlalrinchhana7563 4 года назад
I wish people depicts human without hands because they are used to kill others
@clementaflowers4570
@clementaflowers4570 6 лет назад
I really appreciate your videos but I wish this would explain Capitalism as an economic system more clearly. But you are an amazing blogger and historian and my favorite author of all time. Thank you for creating characters that are brilliant and rebellious and obscure, characters I connect with. And thank you for your informational videos because being the nerd I am, I watch it not just for my classes but also for my own entertainment. You have helped me accept my role in this world as a deep thinker and proud history buff. Thank you
@prptheawesome4911
@prptheawesome4911 4 года назад
From now on I will be referring to mustaches as “face caterpillars”.
@alliewest3657
@alliewest3657 4 года назад
I love your videos! These are fantastic!
@alexbird2670
@alexbird2670 6 лет назад
Biggest problems with this video: 1. Socialism is never defined. There's a vague and incomplete history of Socialism, but its never stated what socialism actually is (the control of the means of production by the workers who use them), or what that means. Ideas that are critical to actually understanding socialism, like Marx's labor theory of value, aren't explained, and there's no discussion of what a socialist economy would actually look like, or that there are multiple distinct types (primarily: planned, market, or syndicalist). 2. It misrepresents what early capitalism looked like, and what the arguments of classical economists actually were. Free market advocates opposed monopolies created by government favoritism, not consumer and worker protection laws. In pre-industrial economies almost everyone was self employed as either merchant-craftsmen or farmers working on their own land or the commons. By breaking up state monopolies (primarily on land), writers like Adam Smith were advocating for MORE self employment. Today a position like that would be considered distributist or market socialist. 3. The idea is presented at the end that an economic system can be partly socialist and partly capitalist, and that things like government ownership and social programs are inherently socialist. This is simply untrue. For one thing, no socialist theorists prior to Lenin made a distinction between socialism and communism. Second of all, this is conflating socialism and social democracy, which does not advocate transfer of the means of production to workers. To quote the Marxist revolutionary James Connolly: "State ownership and control is not necessarily socialism. If it were then the army, the police, the judges, and the jailers would all be socialist functionaries... The ownership by the state of all the land and materials of labor combined with the cooperative control by the workers of such land and materials, would be socialism."
@KingWells123
@KingWells123 6 лет назад
"Crash Course" Though I liked the information in your comment
@uncleubi9008
@uncleubi9008 6 лет назад
Alleyup1994USA 2. No. The workers can run a business its called a cooperative. And lennisim is not communist due to it relying on a strict highirchy while in real communism their is no government. Hitler owned a capitalist society due to most industry belonging to private parties. And my knowlage of Mao is garbages so I won't talk about him
@Watashiwadeus
@Watashiwadeus 6 лет назад
Alleyup1994USA Hitler also invented privatization. So much for being Socialist. Speaking seriously though, he wasn't free market, he just supported big German companies.
@chrisanderson4387
@chrisanderson4387 6 лет назад
Labor theory of value is horribly flawed. 1. Labor isn't necessarily valuable - if a person digs and fills in a ditch repeatedly no value is added. Labor is used though. 2. Resources matter. The world ends if all the world's resources are destroyed. The entire environmentalism movement is effectively predicated on LVT being incomplete.
@gabesusman4592
@gabesusman4592 6 лет назад
I take it you're an avid socialist 😂
@louisiananlord17
@louisiananlord17 10 лет назад
Socialism and captialism have purposes. There must be a balance between the free-market and state-sponsored programs! :p
@mhe0815
@mhe0815 10 лет назад
As these two are often seen as a projected duality (like the age-old and stupid left vs right question), I'd suggest to read up on alternative strategies for social arrangement, perhaps think a bit about voluntarism and libertarianism. I highly recommend reading "the most dangerous superstition" by Larken Rose and go from there. Also "On Truth" and "Universally Preferrable Behaviour" by Stefan Molyneux, both available as free download e-books or even as an audiobook here on youtube. After reading / listening to these, look back at what you just wrote. I guarantee you that you will very much enjoy these intellectual exercises.
@louisiananlord17
@louisiananlord17 10 лет назад
I agree, I support libertarian communitarianism.
@nope2dat
@nope2dat 10 лет назад
of course you're right and how the balance should work is the defining question of our political discourse at the moment, theres no doubt that laissez faire capitolist economics lead to booming economies (such as in the 1920s or the early 2000s), in a way communism has not yet done yet however the profit doesn't trickle down as much as Ayn Rand and ronald reagan would have you believe. so to a certain extent we need a strong government to regulate business and use it to ensure equality through minimum wages and other social security policies. how much power to regulate and how much the state should put into these programs is what politicians and governments have argued over for a century now, and your stance defines whether you're right or left wing in the modern sense of those words, finding that balance is difficult though and no nation has found it perfectly yet so the political debate must go on
@mhe0815
@mhe0815 10 лет назад
The lack of regulation is not the problem per se, the states intervening at all is. Something like the financial crisis of 2008 would never have happened if the perps hadn't known beforehand that they will be bailed out by their buddies in the political arena. So in essence, government steals ("taxes") the shit out of the general population and use that money to bail out the banks who fucked the population (and each other) as well. Yet all the protesters went to wall street and nobody occupied the lawn in front of the white house, which is mind-boggling to me. It is said that you can't make sense of anything without the context that goes around it, therefore capitalism is not a problem in itself, politics is not necessarily a problem in itself, wannabe dictatorships and the interlinks between politics and finance are the problem. Just apply the rules you would have ordinary people follow to banks and governments and see where all the problems lie...
@nope2dat
@nope2dat 10 лет назад
So if the banks were reckless cos they knew their buddies in congress were gonna bail them out, then thats a problem of corrupt congressmen befriending banks, and the problem lies as is the case so often with politicians rather than politics itself.
@sran438
@sran438 4 года назад
5:15 repeat until satisfaction
@jacksonkoehler247
@jacksonkoehler247 3 года назад
This pops up in my recommended now?💀💀
@joshuabrown7815
@joshuabrown7815 6 лет назад
I love how factual and unbiased this channel is
@benjamindover1379
@benjamindover1379 9 лет назад
But don't worry america, although you feel socialism a bad word, we will just rename it, hope you don't notice, and implement it everywhere for everyone because enlarging state power throughout history is obviously the solution to all problems! - Progressives
@benjamindover1379
@benjamindover1379 9 лет назад
***** i don't understand, are you saying a free market is like a mafia? Or.. Maybe you are saying whenever there is a criticization of socialism it is capitalist propaganda and not credible
@HeistRaidz
@HeistRaidz 8 лет назад
Benjamin Dover It's already happening man. America has 50 states yet the central government has the true ultimate power, and ours is just a method of control. Make the people think they have real power and they'll be content. It's not good.
@graybeard4962
@graybeard4962 8 лет назад
Benjamin Dover Socialism =/= state power, it's a stateless egalitarian society where the means of production are under the control of the workers.
@parnelijones5462
@parnelijones5462 8 лет назад
Gray Beard And how do the workers come to own the corporation?
@graybeard4962
@graybeard4962 8 лет назад
Parneli Jones Many different ways, although in socialism there are worker groups rather than corporations because there is no a State to enforce that legal privilege of corporatism. Starting one together, collectively buying it from the previous owner, through a State mandate (which is only partially socialistic since it uses a State), or a revolution to overthrow the rulers (either peaceful or violent).
@SamRandolph
@SamRandolph 4 года назад
I particularly like how in this video, which is ostensibly about both capitalism and socialism, John never actually defines what socialism is, I assume because he expects the viewer to already be familiar with it. The closest he comes is by associating socialism with "the idea of protecting our collective interest," which is in the right ballpark but not specific enough to explain to the viewer what exactly socialism is beyond being opposed to capitalism. This gives the impression that socialism is ultimately a nebulous and totally theoretical system, unlike the battle-tested, ascendant capitalism (which he says has "ultimately won out" in the conflict between the two). He even says that the principles of socialism live on in the debates about how much regulation of the economy should be done under capitalism, which is sort of true but elides the fact that Nordic model social democracy is still fundamentally capitalist, not collective ownership of the means of production. So while the video tries to present itself as a neutral source on these two competing economic systems, it frames one side in a much better light and fails to bring up most of the serious arguments of the other side or suggest that they might have legitimate criticisms of our modern world. Just goes to show that it's not easy to recognize pro-capitalist bias when it's all you've ever known.
@wagnergauer9133
@wagnergauer9133 4 года назад
What are the technological innovations that the Nordic system has brought us?
@nikkimia2976
@nikkimia2976 4 года назад
oh damn u right 🤭
@bighomie6435
@bighomie6435 4 года назад
He also frames it as though investing, markets, and innovation are exclusive to capitalism-
@bighomie6435
@bighomie6435 4 года назад
@@wagnergauer9133 It hasn't been around for long, but theoretically there isn't anything that is preventing innovation.
@wagnergauer9133
@wagnergauer9133 4 года назад
@@bighomie6435 theoretically if there is no innovation there is something preventing it.
@sirnikkel6746
@sirnikkel6746 3 года назад
So, true capitalism/liberalism and true communism/socialism haven't been truly tried in big scale, but rather a weird mix of them both with a state in the middle?
@panzerwafflez7228
@panzerwafflez7228 7 лет назад
Wow, there are actually WAY less capitalist/socialist flame wars in the comments than i expected. Perhaps my faith in human intelligence will be restored...NAH!!!
@garetclaborn
@garetclaborn 6 лет назад
RAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAGE
@TrueScottsmen
@TrueScottsmen 6 лет назад
Right below this comment was a person starting a socialist vs communist argument
@SomeLad12
@SomeLad12 6 лет назад
Andy Su most people are idiots, don't put your faith in idiots.
@ethanbatman6623
@ethanbatman6623 6 лет назад
always have a low expectation to achieve happiness...KINDA LIKE SOCIALISM FLAME WAR STARTED
@josephmartinez7961
@josephmartinez7961 6 лет назад
Some Lad 2 much edge 4 me, bro
@Kimani_White
@Kimani_White 5 лет назад
Y'know, child labor was a ubiquitous thing since long before the industrial revolution. Ironically, it's the advances brought about by industrialization that eventually allowed more families to subsist without having to put their children to work. A little perspective goes a long way.
@JoeSnodgrassworks
@JoeSnodgrassworks 5 лет назад
Actually, it was political reform taking up a large portion of 19th century England that brought an end to child labor. This is important because production and industrialization don't actually have anything to do with child labor being stopped. Social reform, hastened by the pains industrialization brought upon people, is what actually caused the evolution of labor laws, including child labor.
@captainmanacles
@captainmanacles 5 лет назад
Yeah, no. Life got quite a lot worst for the average person after the industrial revolution. That's a pretty damning fact for capitalism if, under their system, automation and efficiency actually lowered people's standard of living. It may be true that before the industrial revolution it was common for children to help plant crops, gather eggs, milk cows, but after the industrial revolution it was pretty common for children to get arms and fingers ripped off, or just be killed outright by machines. "Child labor" as the horror we think of it as today didn't exist at all before the industrial revolution. The only thing that ended child labor was socialist policies, regulating businesses, labor unions. It's not like our standard of living has gotten higher and higher as we've deregulated more and more. As we've regulated more, put in more socialist policies, funding for science, free education, a safety net, progressive taxes, our society has advanced more. When we deregulated we got rivers so polluted they caught on fire, a lending crisis, monopolies, and an economy propped up by overseas slave labor.
@mattwuxx3888
@mattwuxx3888 5 лет назад
@captainmanacles I remember my first socialist indoctrination beer...
@captainmanacles
@captainmanacles 5 лет назад
​@Matheus Barcellos I know that automation increases production, I said that outright in my post. The problem is that the consequences of automation as you imagine it, do not happen, in practice, under a capitalist system. What ended up happening is you have this aristocracy, even when that is abolished, they still own all the land. When things started to automate, the land owners were the only ones able to build factories to increase production. They could produce more with less workers, which meant more people were out of work. They could lower wages as low as they wanted, make work as dangerous as they wanted. No one other than the land owners could save money. The more money they saved, the more absolute their control, the wider they could make the gap between themselves and the poor. This is just a fact of history. Most people worked in more dangerous conditions for less money after industrialization. It wasn't until minimum wage laws, mandated 8 hour work days, work safety laws, free education, progressive taxes, and other socialist policies, did the standard of living for most people start to rise.
@Asmaa-wc6xj
@Asmaa-wc6xj 5 лет назад
​@Matheus Barcellos The aristocracy/land owners/bosses didn't need the state to maintain their privileges ie. owning the land, machines (= the means of production) while the workers don't. So it's not necessarly corporativism. Automation does make people unemployed thus there are less workers, you seem to agree on that. But if i understand well, you say that it's actually good for the workers since they will each have more wealth/their wages increase because not only there's more wealth (thanks to production being faster and cheaper) but also there are less people to divide the wealth with, right ? But a true capitalist whose first goal is profit would keep the wealth to themself (either for consumtion or (more likely) for investment in more machines to have even less wages to distribute etc) so i think automation is a virtious cycle for the capitalist's profit (and a vicious cycle for the worker's employment and wages). (in response to your 4th paragraph) Automation can indeed be a good thing for workers when demand (of employers) > offer (of workers selling their labor) but that's only for a certain category of workers : the qualified ones whose labor can't be replaced by machines anyway and for who the capitalist compete by proposing the higher wages and best working conditions, as you said, and in that particular case, they can't follow their capitalist's goal i referred to earlier (which is profit) because this is qualified labour that capitalists need, that can't be replaced and that could be taken by their opponenent. That's why, in reality, we encourage young people to follow stem majors or medicine, less at risk to be replaced. But for the unqualified jobs the demand (of employers) < offer (of workers selling their labour), there's little demand since automation is a threath for workers and capitalist can play on that by making them compete endlessly and (leaving the theorical discourse here for bit) this is what is happening in our reality with big corporations buying cheap labour in third world countries. as for minimum wage and minorities, i don't understand the link between race and labour service cost, you can be black with a high labour cost and white with a low labour cost. Maybe that was a shortcut to say minorities in america are poorer thus have to propose cheaper labour service ? which is indeed true. But a minimum wage would not change this fact. If without minimum wage, Jason would cost 100$ and Joe 300$, with a minimum wage of let's say 200$, Jason would now cost 200$ and Joe still 300$. Jason still costs less than Joe. And if we actually get to the bigger picture does it really matter ? Cause we have Jason who costs 200$ in america but with capitalist globalization and the run for profit in our modern world there's still a Kevin who only costs 50$ in China ¯\_(ツ)_/¯
@Quijanos1
@Quijanos1 4 года назад
Great episode! Thoroughly enjoyed the sweet through capitalism and socialism. Created more questions than answers. What is the optimum balance between capitalism and socialism? ...
@marktomasetti8642
@marktomasetti8642 4 года назад
Carmelo Quijano - Wow, that is exactly the right question. Well done.
@aniqahtalks314
@aniqahtalks314 4 года назад
democratic socialism?
@Quijanos1
@Quijanos1 4 года назад
@@aniqahtalks314 yes and no. Percentage. Is 80% capitalism with 20% socialism sufficient or to much. We have social security, Medicare, and Medicaid. WIC for the impoverished. With the reality of super viruses, what works? What we thought was sufficient is a complete failure. Now the Fed is writing checks and printing money like mad... Proving our system is broke and incapable of preparing our protecting the populace. We already predicated a super viruses years and years ago and despite warnings, leadership out it's head in the ground hoping nothing would happen and pronounced what was happening in China was a hoax, it will disappear like magic, etc. Back to the original question: what it's the optimum capitalism to socialism percentage to optimize our society.
@marktomasetti8642
@marktomasetti8642 4 года назад
Carmelo Quijano - I don’t think it can be answered based on percentages. We have to consider our values and priorities and see what works best to meet them. It may be that the profit motive in healthcare causes behavior in that industry to thwart our goals; so we should at least mix in some socialism (well more socialism; the NIH does a ton of basic research already). For automobile manufacturing, the profit motive seems to be working. Socialist and capitalist industries will still need guardrails. It’s just not a black or white thing.
@Quijanos1
@Quijanos1 4 года назад
@@marktomasetti8642 true. Percentages with respect to socialism programs/total income. Income or the generation of wealth is via capitalism (i.e. generating capital for investment). Socialist programs are supposed to be and investment into society resulting in greater capital. If I need to be able to detect the potential for a novel virus, then I may have a National health care system with a structure to do that.
@tevzcrnic4456
@tevzcrnic4456 4 года назад
this comment section is so calm here. you should see the one in pragerU , its a battlefield.
@409raul
@409raul 6 лет назад
I think you didn't speak fast enough. You should try speaking much faster so that people would actually be able to understand you.
@gapoochigapoochi
@gapoochigapoochi 5 лет назад
You can actually slow down the video
@kefkapalazzo1
@kefkapalazzo1 5 лет назад
Lmao this is fast to you? Where are you from a swamp in Mississippi
@cindychung6592
@cindychung6592 4 года назад
...they’re joking..
@jamesreid8356
@jamesreid8356 8 лет назад
Can you do a series on British history and politics?
@Tide2375
@Tide2375 8 лет назад
world history is far easier
@kazooboi8001
@kazooboi8001 8 лет назад
+Ben Salis we just want a separate series like the one he did for US History but about European/ UK History
@connermiller7982
@connermiller7982 7 лет назад
+Ishwariya Gopal Seeing how the channel is based for education, especially to help high school students in the US, I see it unlikely that they do a UK history, however it would be amazing if they did
@kazooboi8001
@kazooboi8001 7 лет назад
+Rubik's Cube I mean, they are doing philosophy and games soooo
@connermiller7982
@connermiller7982 7 лет назад
+Ishwariya Gopal Philosophy is a class in some American high schools but you're right
@juniorfarias2325
@juniorfarias2325 5 лет назад
I'm more confused now than when I didn't know anything slow down green
@joshoptical
@joshoptical 4 года назад
This is excellent! Entertaining and helpful.
@hkboy1236
@hkboy1236 9 лет назад
I'm from Hong Kong! This city is one of the most capitalism and we have people suffering! Capitalism made the city unlivable because people have to work for 30-50 years for a house! Capitalist lovers are either rich or never live in the most capitalist cities ever!
@vincetang2198
@vincetang2198 8 лет назад
HKBoy123 You are wrong, working 30-50 years in HK can only buy you a cage which can barely fit in a bed and a desk. (Living in HK too)
@breadcanful5365
@breadcanful5365 8 лет назад
Capitalism is doing whatever maximizes profit. If exploiting poor people, keeping them strategically impoverished, polluting and destroying the environment, breaking laws, etc. makes money, it will be done.
@breadcanful5365
@breadcanful5365 8 лет назад
Puglous First of all, your comment doesn't actually make sense. I suspect you typed something wrong. Second, I never said it was a form of government. It is however, an economic game with a set of rules backed by government force. The prescription for success in capitalism is "maximize profits, consequences be damned".
@breadcanful5365
@breadcanful5365 8 лет назад
Puglous Totally wrong. Businesses themselves are merely operators in the capitalist economy. Its pointless to blame them directly, one has to look at the broader system. Capitalism *does* force people to submit to labor through a "gun to the head" scenario. You either find a way to sell yourself as a laborer or create a product, or to get to starve to death. This is particularly hanus given the fact that much of the labor within the economy is unnecessary for survival and is totally disconnected from human health or social functionality, and even more so because large amounts of the current labor force could be automated.
@breadcanful5365
@breadcanful5365 8 лет назад
Puglous Honestly it is so obvious you are an ideologue who doesn't want to listen to reason, and you seem to follow practically every comment I make on the subject, each response more time-wasting than the last. You don't seem capable of looking at things from a systems perspective. If I create a game in which you have to work or you die, then that is coercion. Its not businesses themselves, its the overall fucking system. The fucking system is coercive in nature. There are endless alternatives... but thats a long and complex subject that I doubt you are ready to handle.
@DavidWilliamsaz
@DavidWilliamsaz 8 лет назад
Lets not confuse socialism with capitalism + social welfare. Europe is just one large free trade zone. Europe is rich because of liberal capitalism. If you want to rank all of countries from most capitalist to least capitalist most of Europe would be in the top 20-30 out of 178 countries. With countries like Denmark and Switzerland be in 5 and 6th overall. Even the Denmark's ambassador to the US we are rich because of liberal market economics not state socialism. Europe has money to pay for all of the social welfare plans because of capitalism not in spite of it. In the end before wealth must be created before it's redistributed. Countries with liberal economic policies create more jobs at better wages and therefore have less of a need for welfare or the social safety net. The poorest states are the least capitalist including genuinely socialist Cuba North Korea are the ones that are desperately poor. Capitalism + social welfare is not socialism.
@Nomovies
@Nomovies 8 лет назад
+David Williams state planned and executed social welfare is in fact socialist. Its revisionist to claim otherwise. Or ignorant.
@DavidWilliamsaz
@DavidWilliamsaz 8 лет назад
Nomovies If it's state owned and operated then yes I would agree that is socialist. But the incentives of the welfare state work requirements etc vary widely. Also how the government provides the public goods can vary widely as well. In the US in K-12 we fund schools and in American Universities we fund students. American k-12 schools badly need of improvement. But American Universities are world class. Both are owned by the state so both could be consider "socialist" but the structure of how they provide the goods is competely different.
@DavidWilliamsaz
@DavidWilliamsaz 8 лет назад
Even if you count all of the teachers and health care workers policemen and government workers as socialist they still are a minority of the workforce and it's the taxpayers that pays their salary.
@Nomovies
@Nomovies 8 лет назад
+David Williams So you are now saying you agree that social welfare is socialist? I feel like you are saying something totally different now. American Universities are world class... if were only counting the ones that are world class. For every world class American university we have 1,000+ colleges and universities that are a total waste of time. The problem with K-12 isn't that its socialist... or... too socialist. The problems with K-12 come from Washington and ill intentioned politicians.
@DavidWilliamsaz
@DavidWilliamsaz 8 лет назад
i am saying that the market economy capitalism provides for the welfare state aka socialism. I am saying that before wealth can be redistributed through socialism it must be created through capitalism. The countries that are less free market or that are exclusively socialist are poorer and have less money to devote to health education or welfare.
@pillowwantan3226
@pillowwantan3226 4 года назад
Woah that's a lot of information all at once! Would it be possible to create content with less information? It's a little hard to follow along!
@justdamienhere1325
@justdamienhere1325 4 года назад
Home-schooling has me watching these way too often and I love it
@alexabourg
@alexabourg 7 лет назад
Thank you so much for the video, in my high school world history class the teachers rarely mention something about socialism.
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