Capitalism vs. Socialism | 5 Minute Video 

I love how this has so many views and likes, and people don't realize PragerU was founded by two fossil fuel industry oligarchs. Not biased at all.

you say socialism yet you cant have socialism because you own an iphone - peter kropotkin

@@kalleranta2260 refute the content of his arguments, not the content of his background

@@elqyanoesquia6877 PragerU made a pro-slavery video not long ago, which they deleted. If you can't see anything wrong with that, then you're just dilusional. Always check the background of a source. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-GmNstJNZr0E.html

“Wait yall took me seriously, these iPhones are awesome” -Marx

Thing is our countries and cultures are indescribably different

@@i_like_chomp6382 yeah, norway for example is very rich because of their oil... *oh wait*

@@zwiebelface185 yeah america doesnt sell its own oil. They rely on other countries for some reason. I'm talking about population, density, politics, etc etc which are completely different smartass.

@@jyankyleardillomangubat9842 ok i was wrong but honestly there are many other reasons why America doesnt have universal Healthcare. Itll take a lot of time to explain

@@i_like_chomp6382 High Taxes A considerable portion of the US' GDP Food Regulations And American Consumerism

Lmfao

"I lost an argument so I make memes about the winner to seem relevant"

@@Thomas-ok9ot You can always book privately, if you can pay for it. That's the whole point of free healthcare, to attend people who can't spend money on doctors.

@@drissbjj free health isn't free. It's just more taxes for people. Pay for your own medicine, it's not my problem to pay for yours.

@@LSK2K So will you let people with no funds get sick and die?

"The main reason the Ukraine and Chinese famine happened was because me and Stalin ate all the food." - Lmao Zedont

Makes no sense but okay

@@anarchosyndicalism4449 its a joke

@@andrewthegoat9383 My bad

@@andrewthegoat9383 I mean consumer products could have been implemented alot more in socialist countries if capitalist countries wouldn't invade those countries and cause them to invest everything into their military. I can't believe the USSR only collapsed because of economic ties to the west and getting backstabbed just so Russia can have a mcdonalds

"Kill everyone and blow up the moon" - mao stalin ding dong

I'd love to defecate on Marx's grave.

@@ChasingDragons420 at least buy him dinner first, pervert

@@tylerchristensen5067 Wouldn't waste my money on trash.

@@ChasingDragons420 Let me guess, never read Marx? Just listened to right wing sources to tell you what a left wing source is instead of reading it yourself? Your intellectualism is stunning

XD

I was getting ready to post the same thing LOL

Yeah being a well educated businessman who knows a thing or two about money certainly isn’t qualified to talk about the benefits of capitalism.

@@thomasreger8621 it's biased because communism doesn't satisfy his greed but capitalism does

@@nuklearboysymbiote your greedy too were all greedy we all want stuff for ourselves

True! 😆👍

Another Communist victory.

@@levvy3006 Based and redpilled, comrade!

For furries maybr

It is. Based on the philosophy that no one should be able to be happy, and everyone should starve to death.

Where was there no toilet paper? If you are talking about the USSR, then this is a liberal myth. In the 1960s, MASS production of ROLLED toilet paper began in the USSR. Prior to this, toilet paper was quietly produced. Why does the wrapped toilet paper in England not bother you, and why does the wrapped toilet paper in the USSR bother you? I do not understand how you can believe in this absolutely stupid myth. The country has launched a man into space, but cannot produce toilet paper - bravo, you are a 'genius' (no).

@@a...b...c...d...e...f...g...0 Dude it was just a meme lol

@@loree8764 So be it. You must understand that this channel is a trash heap. The canal is driving debris into people's heads. And with your "jokes" or "memes" you support disinformation.

@@a...b...c...d...e...f...g...0 It's cleary an ironic joke. sheesh

@@dalfokane It doesn't matter if it was obvious or not. Above, I replied that with your jokes under this RU-vid garbage, you are promoting disinformation. This comment seems like an obvious meme to you and me, but the thousands of people subscribed to this channel, rest assured, took it for granted.

Reggae Marx

mark carlson

The only thing is that human is bad at caring while good at being greedy.

Karl*

@@epicgamergames9855 *clark kent

More like a parasite lol

@Compiler Revolt - That's a great line. I guess some need to brush up on their 7 deadly sins.

Per Homer Simpson, I think what you mean is envy. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Tmx1jpqv3RA.html

'I want to be a poor minority so I can have everything' mentality.

"Why do I have to work when Bill Gates can fund my welfare checks? Literal slavery! Why do I have to get up and go to work when Amazon can fund my food stamps! This is coercion! They force me to work or I'll starve!"

You mean reality isn't your thing?

@@ameatballsandwich8060 Reality and facts cannot be 'debunked' no matter how much arse pain they give you.

@ameatballsandwich8060 if you can't explain why facts are "wrong" but just say they are that just means you got hurt feelings because your ideology is ignorant, champ.

@@willnitschke Dude literally just look up "PragerU response" or "PragerU debunks" and there's countless ones for a reason. Watch literally just 1 and you see the problems plaguing most of them.

@@ameatballsandwich8060 Champ, if your only response is some version of "google it' then you're just telling us (AGAIN) that you're a dumbarse with hurt feels. You've just making yourself look repeatedly retarded. Yes, you're not the only idiot with hurt feelings. The planet is overrun with people like you. Please stop.

Socialism is when people die of starvation.

Socialism MUST be eliminated in order for society to advance.

Just cause Lenin said it doesn’t mean it’s true. All civilized societies have some of both.

@@safir2241 You Sir, don't know how communism works.

Joseph Stalin I haven’t even said anything about communism

@@safir2241 Socialism leads to communism. Think about it. Socialism gives the government full control and the people are living under it's rule. The reason for socialism? It's to ease the people in that country into believing that the government will provide for them. Until the government comes under dictatorship, which is why every socialist nation collapses quicker than non-socialist. The reason is because the wealth is equally distributed into the working class. Which leads to that country going bankrupt. The later problem with socialism is that without the change to pure communism, there will be no government.

I'm from America and want a wall with spikes like Vlad the Impaler

Tepes Obrejac it’s mostly cause of the fact that eastern and central Europe have lived in socialism for decades and don’t want it to happen again

@@bsdnmd Yeah just like the Walls and Security that surround the Elite Housing Subdivisions of the Politicians voting against the very same type of protection for OUR NATION, Hypocrite much? Were's the OPEN BORDERS when it comes to THEIR personal housing? Yet those living near the southern border aren't deserving of the SAME, if not, Stronger protection? More 2 Faced Politics from the Left, we live in Walled Safety while you... get to eat cake!

@@fikan1998 In France our socialist system is destroying us. We pay the most weight taxes of the world and our country is more and more poor, our government let millions of strangers invade us with a massive immigration wich cause enormous problems of criminality and poverty. The french people is litteraly enslaved to pay for djihadists muslim to live and prosper in our country. Most of our aged people haven't even the minimum for their old age after a life of hard work, with the "best" health care system in theory one french on tree doesn't cure themselves because they are too poor for that. And the worst, the leftist propaganda is so hard that most of the french people believe we are a liberal economy. Seriously? Our entreprises prefer quit France for German or Britain because they pay 50% taxes in less than here. 70% of the PIB producted by a French worker pass in the pocket of the government in taxes. No other country taxes as high as French governement.

@@Fradth Jesus! It's cheaper to live in the Netherlands! Still crowded with entitled strangers leeching from the pockets of everyone else.

Brb imma ask my friend thinks of his game

Well... thats the idea of personal opinion. but of course, you the leftists don't recognize it

@@user-sn6zz6iu5b yeah totally ask one of the people who benefit most off of a system about the system. ridiculous. like asking a slave owner what he thinks about slavery

@@james__anna_burns4885 Again, my friend, this is a personal opinion, backed up by facts. Of course, there are always other opinions, so what is relevant here is treatment for what he claims. I agree the title of the video sounds like an objective discussion of two positions, but hey, it's Prager channel...

@@user-sn6zz6iu5b bruh what facts

Pro-capitalism people in a nutshell.

@@victuz Ok,lest adopt their free-market economy. Let's cut regulations,cut minimum wage and cut taxes in big corporations.

Norway,Denmark and Sweden have more economic freedom than USA.

@@Jorginhoflu1000 that’s true and it’s awesome but that comes with education and healthcare. As far as i know Swedish folks don’t complain about their taxes since what they get back is worth it.

@Jeff Only if this were voluntary cause I don't want any of these "benefits".

Socialist types confuse the terms on purpose. The only way they can pretend that Socialism has ever worked is to rebrand a Capitalist system as Socialist... stupid, I know.

Agreed. I'm a big fan of social democracy.

Well well well if it isn't young stalin

@Emperor Ssraeshza Scary shit... but like he said; "careful what you ask for - you may just get it!". Seems to me there is a majority of younger generation tertiary educated dropouts who are all pinning for the "all-wonderful" socialist government of U.S.of A. I'm praying that God's placement of Trump will overshadow that "fall-out" of society and give America a further Trump-term enabling him to do a good clean-out. What people understandably fail to observe is that America is the final bastion for the worlds freedom. If America falls - we all fall! And that won't be pretty!

@Emperor Ssraeshza Just an old man with tears in his eyes for a beautiful world with beautiful people being destroyed by the greedy.

And really, I am king. Luckily I am lazy and mildly benevolent so you may carry on with what you were doing.

In monarcy king is the king lol

@@patukka3336 Dude you know what I mean

@@rorymcleod2088 Yes agreed that giant corporations give a lot of tax owned money to the governments, and so they should. But as what this video is explaining the difference between capitalism and socialism, in business companies have the freedom of market, where as in socialism, the governments control what businesses should do.

@Crazyirish _ Venezuela put all their eggs in one basket. They shut down all industry and relied their economy to run solely on oil, and the economy collapsed. If there were other free trade industries apart from the oil, who knows Venezuela would have been in a different situation today. I stay in South Africa, I can see my country disintegrating to the incompetence of government controlling State owned enterprise. We only have one electrical department, and it is state owned. If it were privatized there would be free reign for other electrical companies to open, to create competition. Its like we only have one option of Cola, we only have 'State owned Cola' and it tastes bitter, whereas in a free capitalized country you have choice between Coca Cola, Pepsi Cola, and if you want State owned Cola. Here in a Socialist country where everything is state owned, we only have one option.

100 million killed by Socialism. Socialists make jokes about it. Why is nobody surprised?

@@willnitschke And where does this number arise from? The Black Book of Communism adds Nazi German deaths, unborn people, and a famine that was caused by poor harvests in the late 30's early 40's. The authors ahve even admitted that they fabricated the number.

@@andrewthegoat9383 Ah, another holocaust denier apologizing for mass murder and ignoring all the historical academic literature. Pathetic. Somehow if psychopaths of your variety ever gained power, it would be very clear history would repeat.

@@willnitschke capitalism killed 240 million people

@@ojiiq The claim that capitalism killed anyone is pulled out of the magical arseholes of Socialists. There is no historical academic literature to support this claim, you muppet.

"Capitalism is when the government does stuff!" -you, probably

@@qk7x god damn, your brain is rotten to its core

@@qk7x Capitalism is when rich people make the government do stuff

True: Capitalism AND Socialism is when government does stuff. How much stuff is it doing depends of the country and not ideology.

@@qk7x No, not exactly

Interesting then that when someone proposes the exact same policies of Scandinavian countries, PragerU-type of people will instantly scream socialism.

The_Blazer The confusion is because of people like Bernie Sanders who keep saying Scandinavian countries like Denmark are socialist and are proof that socialism works. Neither is true. As shown here the PM of Denmark refuted and corrected that stating they are a market economy. Socialism doesn’t work anywhere and has no place in America.

Trucker_Pete then why shouldn’t the US adopt those market economy policies that have lead to the Scandinavian counties being the best places to live in the world?

@@ozzymandias8137 1. If those are the best places in the world then how come everyone wants to live here? 2. Adopting a policy from a country with a fraction of our population doesn't work the same here. 3. The next paycheck you get, deduct half of it to pay for those policies and see how much left you have to pay for your rent, home or family. How does half your income affect your life? How about paying twice as much for a car because of the inflated tax? High taxing also kills many businesses and jobs for people. 4. How would you like to pay for people who are in the country illegally and for those who are lazy and just don't want to work? They get the benefit from your labor and you get half a paycheck because of them. 5. Telling people about free Medicare and free school is a lie. The people selling this are refusing to tell America what I just told you. Ask any of them where the money comes from and you'll never get a straight answer. 6. Give government total control and power over program like this and you'll probably never get it back even if it goes horribly wrong. 7. Look at Venezuela. It was once the richest country and South America and now is in ruins because of socialist policies. Poverty and poor health care are what they got for those promises of free stuff.

Trucker_Pete Bernie sanders sometimes words things in a bad way but the actual policies he wants implemented are exactly the same as a social democracy like the Scandinavian countries. The Scandinavian countries have higher social mobility than the US, their markets also rank as more free than the US market. Being a social democracy doesn't mean you throw away the good things about capitalism. You can have a strong social safety net, universal education, medicare for all and still have a market economy. One thing doesn't take out the other which is exactly why America should elect Bernie Sanders as their next president. Anyone that screams "SOCIALISM" at bernie Sanders is a complete idiot with zero knowledge of what they are talking about. Sadly most Americans are complete idiots which is why the US is the ONLY modern country that doesn't provide healthcare to all it's citizens.

[Generic comment about this person being a Russian bot or something]

@@whoareyou1034 ahah, thumbs up man

Waiting for your fall

(Russian national anthem plays in the background)

one thing this guy isn't mentioning: soviet reality didn't teach people to be greedy, like today's does

Luck that has never happened in a capitalist society right

the difference is that with capitalism, you can become one of the elites, under socialism, you can't.

@@elqyanoesquia6877 because you are already part of them

@@yerdasellsavon9232 my man im 14, but im loading up on books about business and investing, and I have several simulated stock portfolios. I decided, instead of complaining about by class, il learn how to use this system to get wealthier

@@yerdasellsavon9232 read Rich dad Poor dad

Nah, it's one of the most disgusting things in the history of the world.

@@arpitabrahmachari7649 Maybe if you support capitalist pigs instead of the majority of people.

@@Sendittothemoon oh stfu

@@arpitabrahmachari7649 yes, giving people healthcare has to be one of the worst things humanity has done

@@arpitabrahmachari7649 boo, taxing rich people.

No, because thanks to Capitalism there is plenty again. In Socialist countries... hold on let me check... still none. ;-)

Toilet paper shortage doc: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-rX_FTiRB5QI.html contrast of economic levels IRL : ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-3ubo0nyKsL0.html

@Tool Dry Boon Another Socialist "own goal" LOL.

@@willnitschke not only that..it didnt take up to a week

Toilet paper in my local area has been back up and stocked for weeks now. If it was socialism we probably would have been out of toilet paper for years.

The only kind of socialism that works is the national kind.

Norht Korea ...

@@declannewton2556 No not really like all other forms of socialism it only worked for a few years.

@@pabloswagboy3381 Only because of its militaristic ambitions that eventually brought it into conflict with other countries whobtgen toppled it. If the Germany was isolationist during that period, it would have lasted mych longer, even to today maybe.

@@declannewton2556 That's not really true,the economic boom after the Nazis took power only lasted until 1937,without the Austrian gold reserves that they got in 1938 and the heavier persecution of wealthy jews,the regime even would have faced bigger debt than they already had in our timeline and would have collapsed in the following year. The Nazis needed to expand and enslave other people to work for them,otherwise they wouldn't have had a chance to survive as a political power.

@Solitaire Right, so you've got a magical system and if we all adopt it life won't require struggle, right? So magical, so incredible, so stupid.... LOL.

@@willnitschke how's your wife's new boyfriend?

@@mxdungeon7312 Odd how Socialist half wits want to destroy society and rebuild it based on their brain farts, but when questioned, only have angry arse pained insults, LOL.

Yeah we need some broke loser without a job to tell us how to be successful... LMAFO!

With the exception of Richard Wolff every modern big name economist today is a supporter of a free market economy. The benefits of a free market economy is usually the first thing you learn in an intro to microeconomics course at the university level. You will have a hard time finding any economist support the Marxist economics field. They are usually all political activists.

Move to venezuela lmk how it goes

@@finnesinhearts9411 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-OCKrWHBsyQU.html

Yeah we need a degenerate soyboy to explain how great Communism is

islam is best First of all, you cannot live without working - you can’t exactly get the necessities for life otherwise. Sure, you could use social security benefits, but at that point you’re just leeching off of others’ work. Second, socialism in its only current implementable form (communism) always makes people worse off than before in the long run. Look at the historical example of the USSR, as well as the present one of Venezuela. Communism fails as the state controls everything in order to maintain the state of socialism within the country - and since government elites are often corrupt they’ll use that power to hog most of the money for the state. Hence, how people were super poor in those countries. Also, slavery is morally repulsive no matter the economic system. We in America ditched slaves ~200 years ago for good reason - we only did it later than other countries as some morally bad people in the South decided to fight to keep them.

@@l1ghtd3m0n3 the islam dude's a troll; you see him around the comment section; people think he's sarcastic with the crazy things he says. It's like r/whoosh but in reverse :P

1. Abolition of private property and the application of all rent to public purpose. The using of a Federal Reserve (central bank) CREDIT (debt/IOUs) is NOT payment of debt at law, merely discharge in civil law: admiralty, UCC & equity. The voluntary choice to use & be dependent upon the Federal Reserve is via: 14th Amendment federal citizenship status (1868), House Joint Resolution 192; Senate Report 43: 73rd Congress 1st Session April 1933; Stanek v. White; Legal title to possession and use of property via discharge with Fed Res IOUs, which is a loss of real private ownership called Allodial title or Allodium, which is both legal (possession and use) and equitable (beneficial interest) titles combined. Various zoning, school & property taxes due to mere legal titles. Also the Bureau of Land Management, Land Use Fees. Zoning - Model ordinances proposed by Secretary of Commerce Herbert Hoover widely adopted. Supreme Court ruled "zoning" to be "constitutional" in 1921. Private legal title holders of property required to get permission from government relative to the use of their property. Federally owned lands are leased for grazing, mining, timber usages, the fees being paid into the U.S. Treasury. Quote below is excerpted from: 73D CONGRESS, 1st Session SENATE DOCUMENT No. 43 April. 1933 [after the US corporation declares bankruptcy] “The ultimate ownership of all property is in the State; individual so-called “ownership” is only by virtue of Government, i.e. law, amounting to mere user*; and use must be in accordance with law, and subordinate to the necessities of the State.” 2. A heavy progressive or graduated income tax. The 16th Amendment of the U.S. Constitution, 1913, The Social Security Act of 1936; Joint House Resolution 192 of 1933; Victory Tax Act of 1942 and various State "income" taxes. The US calls it "paying your fair share" which equates to the communist mantra: “from each according to his ability, to each according to their need”. 3. Abolition of all rights of inheritance In the US its called Federal & State estate Tax (1916); or reformed Probate Laws, and limited inheritance via arbitrary inheritance tax statutes. (not fully implemented, but close) 4. Confiscation of the property of all emigrants and rebels The US calls it: the 14th Amendment; government (IRS) seizures, tax liens, Public "law" 99-570 (1986); Executive order 11490, sections 1205, 2002 which gives private land to the Department of Urban Development; the imprisonment of "terrorists" and those who speak out or write against the "government" (1997 Crime/Terrorist Bill); or the IRS confiscation of property without due process. 5. Centralization of credit in the hands of the State, by means of a national bank with state capital and an exclusive monopoly. The US calls it the Federal Reserve System (a private corporation) which is a credit/debt system nationally organized by the Federal Reserve act of 1913. All local banks are members of the Fed system, and are regulated by the Federal Deposit Insurance Corporation (FDIC). House Joint Resolution 192; Senate Report 43, 73rd Congress 1st Session April 1933. 6. Centralization of the means of communication and transportation in the hands of the State The US calls it the Federal Communications Commission (FCC) and Department of Transportation (DOT) mandated through the ICC act of 1887, the Commissions Act of 1934, The Interstate Commerce Commission established in 1938, The Federal Aviation Administration, Federal Communications Commission, and Executive orders 11490, 10999, as well as State mandated driver's licenses and Department of Transportation regulations. There is also the postal monopoly, AMTRACK and CONRAIL 7. Extension of factories and instruments of production owned by the State, the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan. The US calls it corporate capacity, The Desert Entry Act and The Department of Agriculture. As well as the Department of Commerce and Labor, Department of Interior, the Environmental Protection Agency, Bureau of Land Management, Bureau of Reclamation, Bureau of Mines, National Park Service, and the IRS control of business through corporate regulations, title 26 USC. Public Business, Corporate Capacity, Commerce, mercantilism. 8. Equal liability of all to labor. Establishment of Industrial armies, especially for agriculture. The US calls it the Social Security Administration and The Department of Labor. The National debt and inflation caused by the communal bank has caused the need for a two "income" family. Woman in the workplace since the 1920's, the 19th amendment of the U.S. Constitution, the Civil Rights Act of 1964, assorted Socialist Unions, affirmative action, the Federal Public Works Program and of course Executive order 11000. And I almost forgot...various Equal Rights Acts; Corporate Capacity and commerce 9. Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country by a more equable distribution of the population over the country. The US calls it the Planning Reorganization act of 1949 , zoning (Title 17 1910-1990) and Super Corporate Farms, as well as Executive orders 11647, 11731 (ten regions) and Public "law" 89-136. Conagra, ADM, Cargill, Monsanto, Dupont, Corporate Capacity, Commerce 10. Free education for all children in government schools. Abolition of children's factory labor in its present form. Combination of education with industrial production People are being taxed to support what the US body politic calls 'public' schools, which train the young to work for the communal debt system. The US also calls it the Department of Education, the NEA, Outcome Based "Education" and Common Core.

@madwtube islam is a religion STOOPID

Capitalism fails when the government gets involved. #BigGovSucks

They don't know any better, and are too dumb to do their own research. They just believe talking points they've been told...

how are they not socialist? i’m intrigued

@@eclectic2327 look into their market economy. Then you should know lmao.

@@eclectic2327 They just have high taxes and a larger welfare system.

I V D you liked your own comment first of all, second of all yes they are actually regulated there corporations don’t own the nordic countries

Their logic is like "See if you can spot the difference"

laughing at your pfp

who controls toilet paper flow in capitalist states?

@@thehappyloaf the capitalists

@@shinybaldboy4384 not a few of them tho

Socialism is good for the elites.

youtubedude 459304 yeah, and that.

Tw1 WE are the memes

youtubedude 459304 and for the Cults and Freemasons too!

That’s literally the only thing the “elites” have stood against. Capitalism is socialism for the rich, so in some ways, that’s true, but campaigning against it for others is what’s good for them.

Nope, you're an idiot. Communism and socialism have never worked.

Okay then move to a socialist country right now. I know you socialists hate that argument but why? Just do it. Cuba’s right to the south and North Korea is across the pacific.

@@JamesMaximum Okay then you move to Somalia. They have a more free market than the US. Or India, or bangladesh?

@quinzerrak4975 That same channel makes claims such as “Freedom is a Left-Wing idea” when that’s clearly false (not even in an opinionated way, it’s just false)

@@JamesMaximum ok just move to south sudan then. they are more capitalist than any other country.

Venezuela in 2010 : "No, you hold my beer."

Vuvuzuela

@@lordfifth3885 we are too poor to buy beer

You are so beautiful. Can i get your insta

@@sreeshankar1201 Bruh you're simping hard like chill dude...

At least you have a chance in capitalism to make your life better through hard work. 👍 Socialism you don't move up,. Only down for bad work.

I'd rather be poor in Cuba after a hurricane than poor in Puerto Rico. Cuba lost 10 (maybe more but that's what Miami herald reported) and cleared things out in a week after Irma hit while PR lost about 3000 and was out of commission for months.

@@greenbrickbox3392 , cherry picking a specific anecdotal evidence that's a false equivalency comparison. Very creative way to dodge the truth. Kudos! Let Cuba get hit by the same type hurricane that PR was and let's see. ;) Hope it doesn't, but we'll see a quick and relevant comparison when/if it does.

@@markwest8960 this is empirical evidence which shows the difference in relief efforts between a poor socialist country and a debt-ridden capitalist US province which were *both* hit by category 5 hurricanes.

@@gamingmadesimple5510 And even if you don't work hard, under capitalism there's far more wealth in society one can mooch off of. Poor people in the US live better than Monarchs in the Middle Ages.

Val Mid I got a trump ad

More like I like Ike, Eisenhower 2020 baby!

I got no ad haha! 😎

This_Drummer Me too

I have a premium 😎

Ronald Reagan is based

@@degamispoudegamis 😭

Ronald Regan is an Moron.

Ronald reagan are moons

I think you could learn a lot from Melania’s antibullying campaign

@@legendofman12 Prageru is a propaganda network from billionaires to get you to support political ideas that are against your own class interests so they can stay wealthy and powerful. I'm sure their comment making fun of this propaganda video with the nuaince and substance of a dry biscuit won't hurt the poor billionaires fee fees

​@@legendofman12 omg capitalists are feeling bullied wahwahhh someone call an ambulance they cant handle the free speech

@@lemortedbrian6070 That’s the neat part: they can’t call an ambulance.

@@janusztv742 🤣🤣🤣

I'm sure Dennis Prager appreciates your comment, My nuts are itchy Bottom text!

Norway was never a "free market economy", it is social democratic corporatism where the state owns over 70% of the economy (greater than Venezuela which is still majority private sector). Sweden also was social democratic corporatist until the 90s and now it's more of a mixed economy with a strong welfare state. Denmark is a market economy with 70% union membership and despite their differences all the Nordic model countries have universal healthcare which has been described as socialist by PragerU when attempting to implement it in the US.

Democrats want Social Democracy not socialism and that is what the nordic model is, social democracy.

@@greenbrickbox3392 PragerU cries every time someone brings up a valid successful system outside of America.

@@greenbrickbox3392 Exactly right.

We aren’t running out, people just be greedy

The running out of toilet paper, has to do with brainwashing and stupid people. Not capitalism itself.

@@gdante8258 That wasn't the point but ok

@@gdante8258 When it happens to Venezuela, it is "socialism" and not "people". When it happens to America, it is "people" and not "capitalism". Most of the hoarding of TPs were because people buy bulk and sell it for exorbitant money to make big profit. They thought about money even during crisis. Typical of "capitalism".

@@zachtrepp3686 Not greedy, but panicking

@Jordan Federico Its a joke, most joke comments for PragerU came from a YTP

@EmdFit Made my day

@EmdFit I don’t see anything

Venezuela isn’t socialist

@@russelljames5631 Whaaaaaat, are you stupid? ok... Jajajajajajajajjajaja

@@eliasforero3900 a majority of housing is privately owned a majority of the workers work for private entities as well as a majority of the corporations being privately owned and about half of the healthcare is private. That isn’t socialism. But go off.

@@russelljames5631 Men, there are some many things capitalists in Venezuela, but in General, the country is socialist, the president Maduro and Hugo Chavez accept that, men, if the country was capitalists, the toilet paper wouldn’t be a problem, so men, there are many things that are working on Venezuela like capitalists companies and other things, but they are companies that were created when Venezuela was a socialist country, look, before Hugo Chavez, there was 60 000 businesses in Venezuela, now, there is like 200 or 100

@@eliasforero3900 If Venezuela is socialist despite most industries being privately owned, then the Nordic countries are also socialist.

Economic democracy? Every workplace in capitalism is authoritarian. Not a democracy

Capitalism favours the elite... What are you talking about?

@@santouchesantouche2873 you say tomato i say toemato. I think you really dont know what your talking about. There is NO economic growth under Socialism. Socialism cant even exist without Capitalism. Nice try though. I guess you didn't understand the video...

@@GunDrone how is this a cou ter argument to what I said? Address what I said you coward

@@santouchesantouche2873 -- Every workplace is authoritarian, but the workers have the freedom to choose to work there or not. The consumer gets to choose to purchase the company's product or not. Workers are not slaves, the "authoritarians" must negotiate a satisfactory wage to attract talent. Of course the people running the business are authoritarian. Someone has to be in charge to provide direction to everyone else. Without structure and order, nothing gets done and everyone starves.

That was a beautiful example because it proved why Socialism can't work. Everyone grabs what they could leaving nothing for others. Capitalism rose to the challenge and now there is plenty again. Cuba and the rest of the Socialist sh*tholes, decades of rationing continue...

PragerU: Nordic Countries aren't socialist because they have private ownership of the means of production Young people: Okay then what countries are socialist? PragerU: Venezeula Young people: But Venezuela also has private ownership of the means of production PragerU: No you see my iq is 100000 so im right ur wrong vuvuzela bottom text 100000 billion dead by Lmao Zedong hahahahaa iphone gone

@@shinybaldboy4384 Not every Socialist type here is a Marxist extremist like you, champ. That's why you're confused. Only your version of your cult is the ONE TRUE cult.

@@shinybaldboy4384 laughed my ass off, thanks dude

Prager: Socialism is when big government. Young people: so Nazi germany, the Roman Empire, the United States, the EU, and most every bit government country are socialist? PragerU: WAIT HOLD ON A MINUTE NOW-

Yeah because the Socialist Party of Venezuela aren't "real socialists" right? What part of the political platform of the Socialist Party of Venezuela do you disagree with? Let me bet, nothing.

He wouldn't have to if people's memory went back further than 6 months. Venezuela is just the most recent example of Socialist failure, but there have been MANY over the past 100 yrs.

@@johnrobie9694 yeah exactly, that's why we need to shift towards social democracy

@@oskar1076 No. That's why we need to shift AWAY from concentrating power in government. Democracy is not some kind of magic pixie dust your sprinkle on collectivism that somehow solves its intrinsic flaws. You can put lipstick on a pig, and it's still a pig. The most moral, politically incorruptible, and economically sound system is the system the puts the individual above the collective.

@@johnrobie9694 soooo socialism. By definition it puts the power in the hands of the people.

Hmm, seems as tho you are that politician on top

This dude just opened the account to make that "joke" sad.

Doesn't Lenin having a more ostentatious tomb piss you off? He didn't kill nearly as many of your citizens as you did.

@@JuancoPRoFlow well I do make multiple other community comments tbh this is one of many

Juanco_"C.E.O." Bruh shut up. It’s perfectly fine to make a joke.

Would you go to that restaurant again? Or you choose another restaurant that was a competitor because it gives better service? If a business provides bad service, you can choose another place

@@grunklesmuff Now you've totally confused him. 🤣 (Sounds like the sort of nitwit who will keep going back and complain there is no Indian food on offer at the Chinese place.)

@@grunklesmuff How many choice you have when most businesses are are owned by a very small handful of companies. If competition solves everything, why are prices so expensive. Why doesn't competition lower prices? During the gilded age, all factories had unsafe working conditions and compeition didn't change anything.

@@michaelajustin3443 There are millions of small businesses in the US and the vast majority are owner operated. I'm sorry but where do you get these moronic talking points from? Is there is a leaflet circulated by Socialist Clown World where you can memorise these brain farts like parrots and type them here? *If competition solves everything, why are prices so expensive. Why doesn't competition lower prices?* So you're saying workers shouldn't receive good salaries. Instead they should be impoverished instead, so everything can be as cheap as possible for the convenience of dumbnuts like you?

Except we don't vote with dollars, one vote per voter, actually. What you're trying to point out in your confused way is that in a free society politicians can often be bought and sold. Which is certainly true. But you don't fix anything by adopting Socialism where the corruption becomes complete.

@@willnitschke no friend, no confusion from me. That's not what I'm referencing. In 1:13, when the CEO/ex CEO that's talking in the video sums up pretty well the fundation of a capitalist economy, he says we vote with our dollars through supply and demand. The thing is we can only do so much to influence businesses while capital owners have inmense decision power. Also I might point out if you're taking your whole understandingi of socialism from this video, which is my guess from that last sentence you wrote, you must know it's completely biased. I invite you to investigate further on your own, specially from actual informative sources

@@whoisgliese No you're actually even more confused than you first appeared, because now you're conflating corporate entities with liberal social democratic political processes, LOL. And sure, people get to vote with their wallet on the goods and services they desire. That is amazingly good. What's the alternative? Some half wit Supreme Leader telling us what we want??? Oh, and it's hilarious how every socialist half wit complains that I'm uneducated, don't understand stuff, blah blah blah. Basically just brainless insults because such people are literally too stupid to defend their quasi-religious belief system. ;-)

@@willnitschke you absolutely do vote with your money. When you buy an iPhone, you’ve voted in favor of Apple over Samsung by exchanging your resources with their product, a mutually beneficial transaction.

@@prohibitions1571 I was referring to 'voting' in the context of a political act. If you use the word more broadly, then sure.

the difference is with capitalism you can become an elite.

@@elqyanoesquia6877 in socialism also you can become an elite buddy..

In real capitalism, the government don't mess with the economy, if the government can't mess with the economy, no lobbying is possible.

@Karl Marx funny coming from the likes of you..

@Karl Marx I’m not liberal..? Sure we’re not on the same side?

This is exactly what hard to answer. Maybe part of the answer that system already made like many circles are interested in how it's running now: doctors, insurance companies, banks.

It works for Denmark as they have low very homogeneous population.

​@@uttsk2381 How does that make any logical sense? Sounds like some racist bs but I'll humour it: What does homogeneity have to do with it? Look at Germany. Germany has a functioning social welfare system "despite" their large population and cultural and economic heterogeneity. Germany with it's 80 million people, consisted small independent kingdoms 150 years ago. People from the south have a different culture than the North. The German south is far richer than the east and pays solidarity tax. Over 20% of the German population has foreign born parents or is foreign born. The Germans have a free health care option and free university education.

West europe countries can be called socialist, inside (welfare), but they are capitalist out side (got capital in third worldcountry's-explotaing) socialism supposed to have worldwide karakter and no country would be poor and exploited.

This.

that was a problem for 1 month, just 1 month, the problem was fixed immediately, while Venezuelans don't have their basic needs even today

@@katk2172 venezuela is not even socialist

@@vicentesantosvasquez4408 sure, sizing of more than 1k enterprises, expropriating businesses if they raise prices to keep up with inflation, sizing all the oil production, taking over corporate boards, and firing executives. From 2000 to 2010, Venezuela was revered as a successful socialist country, leftist celebrities went there and gave Chavez good old hugs, and every time I mentioned how bad socialism is, socialists would say "but Venezuela" and those socialists did not shut up about Venezuela and socialism until 2012, and then Venezuela became non-socialist as its economy collapsed, wonderful. smh

@@katk2172 Yeah, they nationalized large corporations and stomped on smaller private companies and ended up seizing said private companies. That sounds like socialism or at least very strong government right there

@@katk2172 muh vuvuzuelaa

Same thing with Cuba, and in 1991 they lost their greatest ally

@@gnas1897 And Cuba STILL manages to have higher life expectancy, literacy rate, and lower unemployment rate than the glorious US of A.

Just watch Hakims response ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Ywf8Nndy1Vo.html

I know right?!

Wow y’all are delusional, you can like socialism but please face reality

Yeah the nordic and Scandinavian model is b.s most of those countries aren't even socialist

@@lindahoy782 theyre not exactly bs, but the only thing we follow, of the scandinavian/nordic model, is the tax and a lot of welfare. that and we pay a shit ton of tax, which i think should be lowered.

I hear somebody talking about me

Denmark sænk skatterne bby og fjern de forpulede registrerings afgifter

So then conservatives are wrong when they call me a socialist when I demand universal government healthcare.

Jesus Lives said the same thing

@@shmattice888 Except that toilet paper ran out in Australia. A capitalist economy under slight pressure

@@caim95able I couldn't find a single roll of Tp for a month.

Leeber Gruber, “fixed”? We’ve been almost 250 years ...

Cuz coronavirus.

Hey idiot, it's a utube video...

@@willnitschke yeah a shitty RU-vid video, no less

or if it says PragerU

@@Nadie47 Yeah because I believe the arse pain filled opinions of an anonymous idiot, over reason and logical arguments, LOL.

@@kurtklingbeil6900 Your arse pain doesn't make up for reason and logic, LOL. But then again you're a Socialist, so that's all you got. :-)

There is plenty of toilet paper now.

@@narimoto11 Still not enough (if any) in Socialist regimes.

The problem was fixed within a month, while Venezuela does not have anything even after years

Hey man just wondering how does Norway fund its entitlement programs without high tax rates? If ur corporate tax rate is lower than 15% and u guys are funding all that u must be doing something right.

@@joshuagoldglancz7144 cuz we tax consumption and income taxes very high. Everything has a VAT of between 10 and 25%. Petrol is taxed over 100%, making the taxes on fuel higher than the market price itself. Income is taxed progressively, meaning if you make over $100 000, suddenly you pay 53% of all income earned over that bracket. Then you have certain counties that have property tax. And we used to have an inheritance tax and wealth tax, but I'm not entirely sure if we still have those. Taxes are also included in everything we buy, and automatically paid before we get our salary, so we don't really have to "do" or "pay" the taxes the way Americans have to, we just check everything is right. And we can also chose to pay more or less taxes, and then get the money back or have to pay more back depending on the right amount. There's even an option to voluteerably send in more taxes than you're supposed to, without getting any paid back, but only morons do that lol. Then there are deductibles which reduces the tax or gets you more paid back when tht is due. So all in all it's a mixed economy where corporations have a lot of freedom to establish themselves and pay a decently low amount of taxes, but they have to pay high salaries, follow strict worker rights regulations and not pollute etc.

I like some idiots think nordic countries have socialism lol

Norway is capitalist & socialist.

people think in norway they just sit around and play video games while the government send them food and pay their rent. that's far from truth

Not that under a socialist regime this was different. The nomenclature and high-ranking officials would benefit from the most advanced medical treatment and services while leaving the happy proletariat to contend with dirty, poor and crowded hospitals. At least under capitalism, healthcare did improve even for the poor.

@@Kalimdor199Menegroth It was and it is. Just because counties that have had socialist revolutions tend to be poorer to begin with that does not mean that their healthcare or their quality of life in general hasn't improve faster than in capitalist countries with the same level of wealth. Furthermore while the elite is undoubtedly privileged in the services they are provided compared to everyone else the difference is waaaay smaller than between rich and poor under capitalism. Both system have problems but socialism is better for the majority and has the potential to be improved even further unlike capitalism.

@@user-qi7xx5ih6z Not all countries that became socialist were poor. Eastern Europe before USSR imposed the communist regime was not so underdeveloped in the 1930s compared to Western countries. The gap that we have now was much closer 80-90 years ago. Both Western Europe and Eastern Europe were equally affected by the war, however nobody can deny that Western Europe developed tremendously after the war, while Eastern Europe remained behind. As for the healthcare and quality of life, on average a socialist country had between 5-10 years less lifespan than people living in a capitalist country. The healthcare system in Western Europe is much better than that of Eastern Europe. This is a fact all residents in Eastern Europe can tell you. As for the wealth gap, the proletariat wasn't happy because most people were equally poor. The nomenclature was still being showered in riches and wealth because they ran the country and the supreme leader's authority derived, like in any dictatorship, from the support of the oligarchy surrounding him. As you see Kim Jong Un with expensive watches, eating Western top quality food, driving expensive cars and all that, the situation was the same with the leaders in other communist countries. They deprived the general population of wealth, but not themselves, nor their nomenclature.

@@Kalimdor199Menegroth Lol I am from Eastern Europe and I know how much things improved for the lower classes under socialism. Of course the begining was hard and not insignificant amount of people were hurt or killed for resisting collectivisation or indirectly damaged by the expropriation of their lands and resources, but the lives saved by that very system outnumber them greatly. Furthermore in Bulgaria most serous problems we faced were social not economical and had much more to do with the global state of politics than with collective ownership of the means of production. Still things like religious suppression and forced renamings are legitimate criticisms of the regime, but not the economic system itself. It can be criticised in more nuanced ways. Admittedly we had tremendous support from USSR but even accounting for that socialism improved our quality of life much faster than capitalism is trying to right now after crashing economically most countries in Easter Europe during the "democratization" that crippled our productive potential. The 5-10 years statistic you mentioned is either comparison of lifespans today between equally wealthy countries with and without socialist past or between socialist and capitalist countries with different level of GDP. I'm obviously not 100% sure what you are refering to but I know from personal experience what it means to have reliable free healthcare and what it means for the continuation your very life to be comodified and priced as a product.

@@user-qi7xx5ih6z From Eastern Europe as well, and compared to the 1920s and 1930s, the situation worsened under the communist regime here. The lower classes, although they were not rich during pre-communist times, they fared still better as they were provided land after World War 1, land which was taken away by the communists, producing the 1950s famine. By taking away the land the peasants had, they not only pauperized the peasantry, forcing them to work in urban factories, they produced an urban supply chain issue which affected the country well into the 1960s. The less I speak about the 1980s deprivations and the default we escaped in 1979, the better. No lives were saved by the communist system, because no lives were endangered in the first place. They improved the lives of the few at the cost of the many. They made everyone equally miserable and the only period of relative economic stability was in the 1970s and that was due to loans. When the regime was no longer capable of paying back the loans during the oil crisis, it subjected the population to a period of starvation so that the leader can pay the country debt he himself took. I am speaking about Romania here. Bulgaria probably had a different path, but in general Bulgaria had it worse than Romania. And it emerged even poorer after communism than Romania. At least Romania opposed USSR plan of turning the economy into an agrarian one and focused some investments into the industry. Still, as things are today, they are WAY better than what happened during communism, by a long shot. Even the most poor people today live roughly the same lives as the middle class under communism.

Thank you.

And socialists always end up as violent theives... putin started out very good for russia, now hes a thug... say what u want about evil facebook, at least he doesnt own nuclear weapons

And now we have toilet paper. Venezuela still doesn't. Capitalism wins.

Chicken Bigmac Jeg er fuldstændig enig med dig :)

Jo tak 👌

With other peoples money

Chicken Bigmac you are legit a capitalist society. The socialist things you have are higher taxes lmao

sure, but now u get paid less for all your life because a lot of it goes to another people education through high taxes

You dont know what is scialism... . I am copy my comment to you. sure, but it is a lie, why most biggest companies tell to you what you need. What is the neuromarketing? Capitalism oriented to capital not to society, socialism orient to society and not to capital. I dont know what happens with idea of socialism in USA, but soialism it is not what you saw in video. Let me explain what I mean, when company can do it somthid fot more money, that company will do it, and dos't metter what happen with peoples. For example Johnsonʼs Baby Powder, that company didnt care of your needs, that company care of capital. 40 years of lie. Who knows how many companies still lie. Why thanks for MacDonalds and Coca Cola and others companys so many USA peolpe became so fat? They are dont care about your needs they are try play with your needs for their capital and dont care about cocial. And if they can they will be lie to you, like USA goverment when they need come to Iraq they did it with fake proof of chemical weapon in Iraq. So they play with your mind they spend for reserch your needs not for you, they do it for new better lie for increase their money. In socialism you cant do somthing bad for social, for example in USSR goverment cared about quality of goods and foodm because if soviet people will have problems with heals, then goverment must heal them. So in another words, goverment responsability of medicine and of food, and of goods, and this is reason why goverment dont did it somthing bad for soviet piople. In socialism, society more important than one human. And if 1 crazy person say "i think we have 4345 genders", society say to him "proof it or shut up". In socialism, the part of society cannot be more important than the whole society. I dont know what really happen with socialism idea in USA, you are do not know what is socialism. In Stalin economy, goverment control only inmportant companies (this is about 20% of all companies, but these companies produce more than 80% of the country's GDP) and make plan for them, and the other 80% companies can produce other products, making up their more current plans (such companies belonged to the workers and were called artels).More modern style Stalin economy using right now China, when government control only important, key companies. USSR losing Stalin economy when came Khrushchev, after Khrushchev we see not a socialism it is more look like idiotism (because thanks for Khrushchev our govement need makes plan for all goods, and that was time when no one have computers for calculates plans, so you can image how smart and corrects plans was be). PS sorry my english not well UPD: Venezuela, sure. Why USA bloks money of venezuela government, like a 30 billions dollars. And why your capitalism doesn't work in Mexico? And what happened in Livia. Sure because when you open your native market, big compynies kill your small native compynies. And China not open market for USA and China now stronger than USA. Gorbachev trust to USA and destroy USSR and after him comming El'cin and they are bilding new Russia with USA consalting. And After that criminals coming to russian streets and oligarchs coming to goverment. Capitalism can worked when we have not big USA trans national companies and banks, but after that you cant create new market. Avtor video, I know you think that was smart video, but it is not. Capitalism it is power of money and banks, socialism it is power of society. Capitalism it is dictatorship of Fed reserve system, banks and big companies, they are play with your mind. And that guy nothing say about china, nothing.

@@user-fe9mc2bb9f I know you must be someone that received benefits from Stalin and his successors. But the truth still remains that Capitalism is the only economic system that works in today's world. When you talk about Johnson Baby satisfying their needs, you are wrong. It is the people that want and buy Johnsons products. If the people decided that they do not want Johnson products, Johnson will make losses and shut down. But lets say Johnson was in the Soviet Union. Even if people did not want it, they would be forced to buy it and Johnson would be supported by the government. The other totally absurd point you made about McDonalds making Americans fat. It is so wrong that I wondered if you passed high school. McDonalds does not have a moral responsibility towards you. It is not their responsibility to say that you are fat and that you should lower your weight. It is your responsibility. If you are so concerned about becoming fat, go instead to the Vegetable Market instead of McDonalds. There is a word for this and it is called INDIVIDUAL FREEDOM. You are free to choose where you go, what you buy, which brand you buy and if you and a lot of people don't like something you have the power to not buy it and close down that company. I know free doctors, free school and free food is all that you want. But if your ambition is life is just to eat until food runs out, then please, Venezuela welcomes you. Until then, improve your English, and your knowledge.

@@guyfawkes7949 how is American mortality rates going? Average life expectancy are much like your wages... Stagnant or on a sharp decline... But mah capitalism is da best! Hahaha

@@santouchesantouche2873 that's fuel to personal choices. Under capitalism, we have something called personal responsibility. We take care of ourselves, rather than relying on the government

@@santouchesantouche2873 It seems to be very clear that you prefer starving to making choices. America gives people, including morons like you, the choice to do whatever they wish. And people wish to eat at McDonalds and read your comments, They don't ban McDonalds and You unlike a communist state. IT IS ALL ABOUT THE FREEDOM.

Yes.

And… tell me how Vladimir Lenin is a representative of the entire left.

@@emo_girlbymgk8181 Didn't he establish the first left country?

@@cek0792 that doesn’t make him a representative of the entire left

No, Socialism was, is, and will always be, ultimately eating out of garbage bins.

Who hurt you chud?

Was it from great courses plus???

KingMoe but PragerU always upload his time Monday.

PragerU is WatchingU

Among all the people that are watching me, and it's many, im cool if it's prageru.

@@wallstreetbetscom8821 right ha!

"Ever heard of a threadmill?", the Fascist asks the Capitalist. "What's a threadmill?", the fat, lazy Capitalist replied.

"OH!!! you mean tread mill! Yes, I do know of those. I may be fat, but I am still 100 times healthier than you." Says the Capitalist to the skin and bones Fascist. "I sure do wish that I could have at least 900 calories a day!" says the Fascist. "Ah well, sorry, no can do for you. I can only help you if you change your country`s economy. I cant make money where you live." says the Capitalist. "No can do sir, I would get killed or worse if I said anything about *Censored* stuff, or *Censored* economy." says the fascist. "Oh! you don`t have freedom of speech either. Well good luck then with the government hounds sent after you for saying words they don`t like!"

Don't you just love it when 12 year olds who make ROBLOX video's try to debate politics?

@@HighFlyingOwlOfMinerva You can't argue the subject so you resort to personal attack. Typical.

@@CrowderHatingConservative lol wait just a sec, I'm about to destroy this guy some more.

Inb4 everything is exploitation if you frame the argument properly, and would you really rather have people with no knowledge on owning a business be the ones that run your workplace? That happens and alot of those places go under real fast since the people in charge belonged in a factory not an office

"Of course it’s great if you own the means of production i.e. own a business. It ignores the inherent worker exploitation though..." 2 million Americans start new businesses each year... Yeah I know, it's not an option for the lazy or stupid. Life is so unfair!!! The government should fix this!!!

@@willnitschke Nobody cares about how many start new businesses. Its the big ones that own a large percentage of the means of production.

@@shinybaldboy4384 Well more accurately YOU don't care. Because it makes all your claims look utterly stupid. Because they are.

workers have more options than working government jobs. they dont have to work at any one place unless there is some policy thats making it hard like minimum wage or regulations.

So you're 120% Socialist now?

That’s cause they will use those larger amounts of dollars to buy more of the food they “ voted” for

But consumers acting together out-"vote" even the richest person. For example, Wal Mart and its $6 prescriptions is thriving even though it serves families on a budget. Oh wait, I was wrong. Wal Mart actually as $4 prescriptions.

@@3sierra15 but no one forces people to work for Walmart... its risky, but anyone can start a company, or, barring that, look to work for someone you feel respected by. In any case, Walmart, like Amazon et al are paying billions of taxes into the system... welfare, education, medicine, roads etc...

Frey Faust Amazon paid zero taxes using loopholes

@@3sierra15 Wow, sounds like advocating the people to come together and act. I wonder who does this.

Damn,thats tuff, good luck my guy

But, you do have to PAY for things right? Capitalists do tout that socialism is "Free Stuff."

I will pray for you guy...

how did you still have an internet connection tho?? btw godspeed on finding something to wipe bro

@@athafaza2235 We dont have problems with the internet. The food, water, electricity and the ultra inflation are the problem.

Economy regulation is just as effective as socialism

So, what can you bring to this conversation?

RossTheBoss 101 So? It’s not socialism. Socialism is workplace democracy and distribution of wealth according to contribution, you can have free market socialism easily, it’s just that all the socialist economies that have been attempted are huge state and revolutionary. This Venezuela example up in the video is terrible too. Venezuela has a two thirds private economy, I’ve never considered it socialist. Leave this propoganda behind for Christ’s sake

I believe having a 100% free market is dangerous as that would mean the corporations can take full advantage of the society to profit and no one would say anything. However heavily regulated market is dangerous as well as that have a higher chance of leading to corruption and stuff. There has to be some form of balance

The people at PragerU have literally no idea about anything. They have a video promoting creationism on their channel - just so you know what we are dealing with here...

Based on debt?

@@azmi6053 no not really some business require £0 and some people work to get the money and dont borrow

@@azmi6053 pretty much every economy is based on debt, read Debt the first 5000 years by David Graeber to see what I mean

In capitalism, you can choose what corporation to buy for.

​@@AnimMouse not for long. The corporate consolidation will eventually leave you little choice in who you can buy from. Look at the ISP situation, most regions only have one or two providers they can choose from.

@@TheTrashMan193 Corporate consolidation will happen, but not for long. In a free market, someone will make a new ISP because he wants to serve the people plus to get a profit. Why is that not happening? Because of too much regulation by the government to install new lines of internet in the poles. Creating a new ISP is so hard because of these regulations.

@@TheTrashMan193 someones salty from "penn and teller's bullsh*t!"

@@AnimMouse if capitalism really had a free market we'd see new corporations almost all the time ruling the market going from down to up to down to up constantly. but no, we see mcdonalds ruling constantly

BS! US, inc. adopted all TEN PLANKS into its civil laws by the end of FDR's NEW DEAL era: 1. Abolition of private property and the application of all rent to public purpose. The using of a Federal Reserve (central bank) CREDIT (debt/IOUs) is NOT payment of debt at law, merely discharge in civil law: admiralty, UCC & equity. The voluntary choice to use & be dependent upon the Federal Reserve is via: 14th Amendment federal citizenship status (1868), House Joint Resolution 192; Senate Report 43: 73rd Congress 1st Session April 1933; Stanek v. White; Legal title to possession and use of property via discharge with Fed Res IOUs, which is a loss of real private ownership called Allodial title or Allodium, which is both legal (possession and use) and equitable (beneficial interest) titles combined. Various zoning, school & property taxes due to mere legal titles. Also the Bureau of Land Management, Land Use Fees. Zoning - Model ordinances proposed by Secretary of Commerce Herbert Hoover widely adopted. Supreme Court ruled "zoning" to be "constitutional" in 1921. Private legal title holders of property required to get permission from government relative to the use of their property. Federally owned lands are leased for grazing, mining, timber usages, the fees being paid into the U.S. Treasury. Quote below is excerpted from: 73D CONGRESS, 1st Session SENATE DOCUMENT No. 43 April. 1933 [after the US corporation declares bankruptcy] “The ultimate ownership of all property is in the State; individual so-called “ownership” is only by virtue of Government, i.e. law, amounting to mere user*; and use must be in accordance with law, and subordinate to the necessities of the State.” 2. A heavy progressive or graduated income tax. The 16th Amendment of the U.S. Constitution, 1913, The Social Security Act of 1936; Joint House Resolution 192 of 1933; Victory Tax Act of 1942 and various State "income" taxes. The US calls it "paying your fair share" which equates to the communist mantra: “from each according to his ability, to each according to their need”. 3. Abolition of all rights of inheritance In the US its called Federal & State estate Tax (1916); or reformed Probate Laws, and limited inheritance via arbitrary inheritance tax statutes. (not fully implemented, but close) 4. Confiscation of the property of all emigrants and rebels The US calls it: the 14th Amendment; government (IRS) seizures, tax liens, Public "law" 99-570 (1986); Executive order 11490, sections 1205, 2002 which gives private land to the Department of Urban Development; the imprisonment of "terrorists" and those who speak out or write against the "government" (1997 Crime/Terrorist Bill); or the IRS confiscation of property without due process. 5. Centralization of credit in the hands of the State, by means of a national bank with state capital and an exclusive monopoly. The US calls it the Federal Reserve System (a private corporation) which is a credit/debt system nationally organized by the Federal Reserve act of 1913. All local banks are members of the Fed system, and are regulated by the Federal Deposit Insurance Corporation (FDIC). House Joint Resolution 192; Senate Report 43, 73rd Congress 1st Session April 1933. 6. Centralization of the means of communication and transportation in the hands of the State The US calls it the Federal Communications Commission (FCC) and Department of Transportation (DOT) mandated through the ICC act of 1887, the Commissions Act of 1934, The Interstate Commerce Commission established in 1938, The Federal Aviation Administration, Federal Communications Commission, and Executive orders 11490, 10999, as well as State mandated driver's licenses and Department of Transportation regulations. There is also the postal monopoly, AMTRACK and CONRAIL 7. Extension of factories and instruments of production owned by the State, the bringing into cultivation of waste lands, and the improvement of the soil generally in accordance with a common plan. The US calls it corporate capacity, The Desert Entry Act and The Department of Agriculture. As well as the Department of Commerce and Labor, Department of Interior, the Environmental Protection Agency, Bureau of Land Management, Bureau of Reclamation, Bureau of Mines, National Park Service, and the IRS control of business through corporate regulations, title 26 USC. Public Business, Corporate Capacity, Commerce, mercantilism. 8. Equal liability of all to labor. Establishment of Industrial armies, especially for agriculture. The US calls it the Social Security Administration and The Department of Labor. The National debt and inflation caused by the communal bank has caused the need for a two "income" family. Woman in the workplace since the 1920's, the 19th amendment of the U.S. Constitution, the Civil Rights Act of 1964, assorted Socialist Unions, affirmative action, the Federal Public Works Program and of course Executive order 11000. And I almost forgot...various Equal Rights Acts; Corporate Capacity and commerce 9. Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country by a more equable distribution of the population over the country. The US calls it the Planning Reorganization act of 1949 , zoning (Title 17 1910-1990) and Super Corporate Farms, as well as Executive orders 11647, 11731 (ten regions) and Public "law" 89-136. Conagra, ADM, Cargill, Monsanto, Dupont, Corporate Capacity, Commerce 10. Free education for all children in government schools. Abolition of children's factory labor in its present form. Combination of education with industrial production People are being taxed to support what the US body politic calls 'public' schools, which train the young to work for the communal debt system. The US also calls it the Department of Education, the NEA, Outcome Based "Education" and Common Core.

America is actually a combination of capitalist and socialist policies. We should always remain more capitalist than socialist, but as it stands, public school, emergency services, road maintenance, etc. are all maintained under a socialist system. I stated this in my reply to the video; it’s about using each to its strengths. By far capitalism is better in most instances because it works on human instinct. Socialism should be applied to things that are basic human needs because that’s where it works most efficiently. I agree, I do think that America will remain majorly capitalist for the foreseeable future. It’s one of our countries greatest strengths.

Basing a social system on human instincts is conservative AND barbaric.

It will as long as we don't vote those nut buckets in

@History is Fake you are the most ignorant person I've seen on this video so far , and I can tell you didn't watch 1 second of it either

😂🤣🤣

Bad news. We're out of penicillin, and there's a line for it. You'll have to wait until 2021 until you can get the penicillin.

@@ryancroy Rip. Time to bern myself

@@connor6564 There's a shortage on all matches, lighters and firestarters as well.

*VIVA BERNIE-ZUELA!*

looking at all the lefties in the comments lmao

@@joelbyjack yeah me dickhead

Yes because more government regulation, puts a strain on businesses and corporations.

G Dante G Dante It reduces CEOs personal profits. Republicans economic policies are based on Trickle down economics or/and free market. Trickle down: if the gov doesn’t tax or regulate corporations, the corporations will make more money, and CEOs will “bring down the wealth” into the workers. This is believing that CEO and corporations want to give their workers more money (the man in the video is Hardees CEO, and he is very much against raising the minimum wage) and not give them to themselves or their investors. Free Market: is based on the “invisible hand”, this states that the economy will self regulate, (didn’t work during the Great depression or Recession) Also they claim that the market self regulates, but give bailouts to corporations when they fail and declare bankrupt. Amazon CEO Jeff Bezos is the richest man in the world because they barely pay taxes, uses government resources and money, and they pay their workers the minimum. Even Trump has called out Amazon: www.cnbc.com/2020/04/07/trump-blames-internet-companies-like-amazon-for-postal-service-demise.html How is the wealth supposed to “Trickle Down” if CEOs won’t pay their workers more, and how is the Market supposed to less regulate when if a corporation fails the gov bails them out. (Tax breaks are paid by cutting social security. You take money and resources away from the poor to give them to the rich.)

@@serdirtbagoftheleft4045 That has to do with corrupt capitalism, where they passed bills. Making these changes, when the u.s was created it was not so. This ceo is talking about when the u.s was created, and talking about making u.s how it was. Not the corruption the nwo have made the u.s. Which is corony capitalism, that is corrupt capitalism. the founding fathers made the u.s how this ceo is talking about.

G Dante Still, he is still defending Free Market economies. I’m glad you recognize the corrupt system and crony capitalism that occurs in the US. But how do you think this corruption could be stop if not for government intervention. I get that a big gov can potentially be oppressive, this is why theres checks and balances, this is why we choose the leaders and why we voted. How can corporations be held accountable, specially when they bribe the gov and spend millions on Media Machines to spread their propaganda (Turning Point USA, PragerU, Daily Wire are funded by Republican Mega donors like Robert Mercer, Koch, and Detsy Vos)

Bernardo Jr. Miranda 1. Bezos is the richest man in the world because he owns stock in his own company and other people have decided that his stock is valuable. 2. They pay their employees double the minimum wage. 3. Trump has called out Amazon because he has a personal beef with Bezos.

So yes, free market breeds inequality, what's bad about this? The more you do to other people the more you get and vice versa. That's literally justice itself.

I don’t see a problem with some people being more valuable than others. Along as we are all treated equally under the law then I have no problem with a capitalist society with some sprinkles of socialism here and there to protect people from monopoly and oligopoly power. A dollar is not just a dollar and a vote is just not a vote. A dollar and a vote represent value in a person, place, or thing. It would not make sense to make people or resources equal in terms of value because everyone and everything has a different measure of output.

That means little Timmy sitting on his computer all day playing Minecraft is not as valuable as Mrs. Jackson who is a teacher that uses her time and energy to educate children to produce educated adults in the future. Clearly Timmy’s energy and resources are being spent in his own interest to service himself while Mrs. Jackson’s value come from her time and energy being focused on servicing others.

@@weelee4352 and yet little timmy is a trader who makes millions of dollar with his computer for himself while Mrs Jackson cannot save $400 while serving the community.

@B- Rizzle you get what you work for.

except to contrast them. Capitalism - beneficial Socialism - misery

Judith Smith i dont think you know what is socialisim

@squadronofficer 69"Socialism, noun - a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole." That was easy

@squadronofficer 69 I never said it was better than the free market? In fact, my comment was simply giving the definition of Socialism Because your comment was very snarky "enlighten me on what you think it means" like it's really a hard question to answer - literally just type "Socialism" into Google and there's the answer. Which is why it's so hilarious that PragerU can't ever seem to define Socialism properly Oh and for the record, Socialism was never thought of as a replacement of the free market, Socialism is the replacement of Capitalism. And yes, I think Socialism is better than Capitalism

@@DancingMonkey018 The community as a whole still has to vote for a treasurer a spokesman for the factory a chearman that motivates the workers to do better than other factorys. Communism actualy ore the russian version of it did not worked because it killed the workers ambition to be competitive. Yes in Europe we have more benefits we pay for it. In Russia the tax was 6% but they did not get wat they wanted. I can tell you allot but i doe not have time to explain

It's true, every socialist country has run out of things. That's what it does.

G Dante I think he’s talking about the Coronavirus stuff. But yeah, you’re still right.

@@Rainier214 The running out of toilet paper in the u.s, has nothing to do with capitalism. It has to do with brainwashing and stupid, retarded or, people that are stupid/retarded at the same time.

True... In Yugoslavia, we wiped our butts with book pages, newspapers and every home used to have Pavloviceva mast, a creme for butt, because you scratch it very badly.

Supply and demand. What happens when overnight the demand triples in size because the media tell people that 2 million people are going to die if they don’t lock themselves inside? Paranoia and hysteria would kill any economic platform.

No you don't get it. That dollar is to make our country not be like vuvuzelaaa and have 2583251324018329123801275qwiehr garillion ded ppl killed by Demokratiet Parti

It was, accept facts.

@@gdante8258 Opinion ≠ Fact

Everything he said was based on facts

@@superhotshot345 Some fact followed by huge leaps....at least he got in the generic Venezuela pop though 😂

@@seanmacd4274 why generic? Socialism is socialism, i live in Portugal we currently have a socialism biased government and its shit, highest tax load ever, the most expensive fuel and electricity taxes ever, the Healthcare system is "free" but awful, people die waiting for their surgery, yeah socialism is great.

@MyGodisYahweh they forgot the part that free market even benefits the minorities they so "defend"

@Blasian Babies or eat the fauna and zoo animals, and street animals like what happens in Venezuela,

@@nicolasceresoli9121 yeah right, and after all that, they can continue crying that capitalism has ruined their lives.

@@guyfawkes7949 that's exactly what the government wants them to believe.

Those who didn't watch it are too busy complaining about capitalism on their expensive cell phones given by their parents.

Socialism is -- the magical fantasy world in my head - every Socialist Simpleton on the planet.

@@willnitschke that’s why most of the plant has a social healthcare system lol

@@bentom3247 No, most of the planet DOES NOT have a social healthcare system. Capitalist economies do. Socialist sh*tholes merely pretend they do, assuming they even bother to do that, LOL.

@@willnitschke most of the advanced countries have the option of public hospitals...

@@JustMe-os6ts advanced countries are not socialist. Exactly

It's better to have arguments than simply moan and bitch that someone is wrong 'cause you've got arse pain, though. Right? ;-)

@@willnitschke haha you really love talking about moaning and arse pain don't cha ?

@@zenmachina6735 I'm just pointing out that's all morons can do... if attempts at arguments were presented, I'd debunk those. All I see are 10,000+ comments from simpletons with hurt feelings. You're a classic example. You been screeching your arse pain for at least a dozen replies now, LOL.

Valid criticism. Regulatory capture is a hindrance on us as citizens and consumers

Why should monopols be caused by goverment. Go study economy. Monopols sometimes happens. See Nvidea, Intel.

@@halleffect5439 I'm referring to where the local or state governments sign deals with Comcast or the like. I have studied Antitrust Law, and some monopolies are the result of government action or nepotism. Car dealerships are another example where an industry has lobbied to create barriers of entry to essentially gain a stranglehold on the market.

@@ZapDash some of that might be true. But this channel give a very small view. So im very critic.

Goverment 'granted' monopolies caused by capitalism.

Their probably the ones with the dislikes.

Being an elder millenial myself, I am ashamed. My generation has been severely brainwashed.

True

I can sense the boomer in the OP. Stop giving AOC attention, you're only making her stronger every time you'll sperg out.

Hey guys please inform yourself about the creation of money, privat banks create money out of thin air. They control the money and they own most of it, what a funny coincidance. The creation of money should be democratically controlled. This has nothing to do with socialism.

@your name you know this is a joke right?

@@militantleftist2587 Marx was a white supremacist who called other races "racial trash"

Every government policy is kind of socialist, but almost all government's economic policy is capitalist based.