How To Get FILTHY RICH In 2024 | Communists vs Capitalists 

The communists sounded and looked exactly as you would expect. I really wish they would’ve forced that guy to answer the question about how the government would set prices.

They should debate topics that are not directly related to economics. It would truly test their ethical basis

I find it funny that they had the Capitalists on the *far left*

Guy doesn’t understand that “bourgeois” *does not mean rich*; it is a word to describe “of the middle class”

Could you make content where you explore economics of Europe? Nordics, Germanu, UK, Baltics? 👀

There's low citizen on citizen crime in communist countries but HIGH government violence against citizen and their civil/human rights.

I love capitalism.

so far EVERYONE I heard talk about welfare usually paint a broad brush and are almost ALWAYS on the outside looking in. i get you'll look at broad numbers and be done but it honestly is dependant on the state and the municipality. welfare isn't a cookie cutter program across the country, so unless people are going to get into the nitty gritty, they need to do a LOT more research. because usually they're missing a LOT of information.

Thankfully my parents and I left the Soviet Union as a baby. So I think that communism has compelling ideas on paper, but it does not work with actual people because people do what is in their best interest. I agree that communism is good for certain professions like artists, writers and athletes because these people get paid a salary for sitting and painting all day (assuming they don't try to create art against the government)

I’m a capitalist, but I do agree that government and banks have over capitalized. There needs to be more work of redefining and restructuring capitalism rather than giving up on it by saying communism is the next best thing. Communism sounds good in text, but it will never work here in America. Plus, every society needs a leader and nobody is going to do it for free.

Bro is speaking about “The Congo” being capitalist! I’m not sure where he learned that, but you can’t really categorize it as Capitalist if you consider how the government is using the country’s ressources! The Congo is one of the wealthiest country on earth, yet one of the poorest but that’s not due to capitalism… Just saying🚶🏽‍♀️

Tai Lopez actually left his garage.

That Asian girl claimed that a "lot of people" move to China and never want to come back. Why is she still here? What a BS of a claim.

I promise that these "communists" had privileged upbringings

brub where did the pink shirt get his cauliflower ears? Fighting da' capitalisms

The primary problem with communism or socialism is that no person, or even small group of people, is smart enough nor honest enough to regulate a complex system such as everyone's prosperity. The reason communism and socialism don't work is because the people in charge do not have all the answers, and everyone suffers when they make a mistake (or are dishonest). Freedom to choose is the benefit of capitalism. As many people trying as many different alternatives as possible, with no imperfect being or body overseeing and directing each person's actions. The best ideas are emphazi which leads to prosperity for the most people. Thus, those calling for regulation are wrong. Free markets provide more effective self regulation than any person or small body could

Merry Christmas!

The entitled streamer 😂😂😂

Sad to see popularity behind pro communism and anti capitalism rising. Our great grandparents are rolling in their graves

Sad, but true. Staying poor is how I am able to get lots of services for my disabled child.

Capitalism is far from perfect and needs to be pretty heavily regulated for it to work. But for communism to work even a little, you need absolute authoritarian government... otherwise, the system will just never work as long as humans are part of the workforce because you need an incentive. "Social good" isn't good enough for human nature, it has to be self interest, or in the case of communism since that is removed from the equation, it has to be forceful government control. So I'll take the problems of capitalism any day. It wouldn't even work any other way if you want to maintain our liberal constitutional rights.

Capitalists need low income workers who don't get sick, don't complain, don't deserve families and maternity / paternity leave, free higher education. This current system relies on poverty or volunteering to provide free labor. Imagine if all these institutions had to pay all the volunteers, the whole system is broken. Volunteers provide free services at the cost of neglecting their own families. The best system is a HYBRID. capitalism combined with socialism that provides for the sick, chronically ill, families, and retirees.

There was only one person in this debate who was actually good and that was Eddie

All the people touting communism have never actually EXPERIENCED communism. Elon Musk is lazy? What an idiot.

Thai Lopez looks so different.And he didn't say much for being a seminar speaker.

Ive got one. Its called your smartphone. You are most definitely benefiting from capitalism

Man this is no competition.

Specific case of slovenia ... Our president used to run the energy market before he got into politics. Instead of lowering the cost of energy during his presidency he only makes it more expensive. Thats how ineficient governments are.

Everyone forgets infrastructure. You love the roads, hate the potholes.

Whoever you are that’s fighting for communism here in the US. Please I implore you to move to Cuba or my country in Vietnam (which is actually a communism country with capitalism friendly ideology, which is why they are one of the fastest growing markets in Southeast Asia today) to live there and make a living working jobs that many locals work. Many of them make less than $10 a day. Until you’ve lived it, you’re view of communism while living here in the state is just entitlement and respectfully, you’re a spoiled child of the USA’s flourishing economy and opportunities that available to immigrants like my family and I who have came here to reach the American dream. I’m never heard someone from America say to me they are pursuing the Vietnamese dream before. 🤷‍♂️ So please I implore my communist friends that’s reading this to be opened minded and to question your own believes on what someone from somewhere told you vs from people like myself that have lived it.

im suprised so many people are suportive of comunism and wish we reinstated it after all the death and crises it caused, also its super interesting that only people that are super against comunism are the ones that lived in it

Happy New Year, Graham.

I'm all about making my money becoming wealthy and helping others who need it. Hopefully some of them will learn to build wealth or just help others too I think we can have both but yes it won't be perfect

Why is communism talked about so much in America nowadays? It will never happen. What could be beneficial is looking at how some other countries handle inequality-related issues, but that has nothing to do with communism. The whole focus on "communism" feels almost artificially created.

European and western capitalist came into the congo and divided the people via their made up classifications years ago and thru everything into disarray in order to steal those resources while they infight. College and other western institutions, like health systems, set arbitrary prices linked to getting capitalists rich. Capitalism should be allowed, but only with strict taxes the higher u go. Im not speaking on ppl that make 1,200k.. I mean 1mil and up. Once you hit that, we need to go into FDR territory taxwise to bring back the middle class. And force companies to pay their share. Amazon makes a bil, that's $490m in taxes. Also, capitalist turn a blind eye to things because of interconnected interests. The prison industrial complex thrives off this notion

With Capitalism, some will be rich and some will be poor. With Communism, it's guaranteed everyone will be equally poor.

Its very simple - left economics is about representation of the workers within their workplaces. This means, fundamentally, that ownership over how goods are produced (think factories) is not something controlled by one dude or a small group of shareholders. The workers who generate the actual value are the ones who own the company collectively. Capitalism breeds contempt because the owner class wants to pay the workers as little as possible for the most amount of productivity possible, while the workers want to be paid as much as possible for as little work as possible. These goals are in direct conflict and can never be resolved unless the workers are the ones who own the company collectively. The problem with allowing capitalism to run rampant is that there is NO LIMIT to the expectations for constant growth held by the wealthy shareholders. They expect constant improvement and ever-increasing profit margins. This can only be done by tightening the vise of the workers they employ, whether it be from layoffs or stagnating wages, etc. The only logical conclusion of capitalism is the ones in power keep the workers as oppressed as possible without actually sparking them to revolt. None of this is even remotely controversial amongst economists, by the way

Great video as always Graham!!

The medical care as a “communist” argument is ludicrous. It’s the “human” argument, really. Dyed in the wool capitalist here, but everyone deserves free healthcare at the point of need - particularly in a country so wealthy as the USA.

The capitalists sound exactly like they say communists sound “that’s not real capitalism “

Great video. I wish we could see capitalists vs hybrid capitalists/socialists instead as they are closer than communism and capitalism. Additionally, while I’m not a communist, I’m absolutely aware that the rich class DOES run the economy and our government. They can lobby and buy out politicians. That’s just how it is under unfettered capitalism. I’m more of a hybrid economic system kinda gal (which is difficult to balance and poses other issues of course). That said, thanks for the content, Graham. I always appreciate your perspective and openness to other perspectives. I wish you and yours a wonderful new year. Cheers! 😊

There are plenty of capitalist countries with good health care. When it comes to government setting prices its normally an advisory body made up of people in that industry. You know the cost of living the education required for that job and give an appropriate profit margin based on the difficulty of the job.

I’m realllly feel like they should have chosen, “capitalism vs socialism” this comparison is ridiculous

Great video

Spot on Graham, the Congo problem is not capitalism it's corruptions

I think it's funny how the black guy stopped the white girl from interrupting the Asian girl, saying "Hold up, let her finish!" then proceeds to interrupt the most out of everyone throughout the entire video.

this capitalist vs communist debate is too skewed. Would rather see a capitalist v hybrid-capitalist slash socialist debate instead.

First SBF, now Tai Lopez? Wow.

I wish you actually watched the whole video instead of commenting on things that makes capitalism sound good and skipping the things that makes it sound bad

I would never trade living in the USA versus China. ❤

We will never have a fully capitalist or communist system because the government will involve itself into the system. In the same way some people argue "we never had a communist system," we've also never had a capitalist system before either. Our current economic system is not capitalist, but rather capitalist-like or -adjacent.

I would love a middle ground episode of American capitalists vs. Scandinavian capitalists, that would be super interesting to watch. I’m a huge capitalist but i simultaneously love welfare, I’m very progressive and I want the capitalism that Netherlands, Sweden, Denmark etc have.

Listen to Slavoj Zizek if you want to learn about communism. Not some college students without any depth.

As a Software Dev, I strongly oppose the first girls take...

Graham is based 😎

Never met a smart communist

The lady in “Capitalist” is far too shouty. She completely undermines her own arguments by just shouting about things.

I'm surprised Second Thought wasn't on there

The only thing I didn't like is it seemed like they got Capitalists that were all speakers and people who seem to have heavily researched their stance. And then the other side looks like a bunch of RU-vidrs, twitch streamers, and tic tokers who obviously know some talking points but were speaking more on feelings than anything of substance. Although I prefer capitalism I am sure there were better arguments to be had than were made.

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Speaking on the tax portion, the only "fair" income tax is a shared tax % accross the board (the reason I say fair in "" is because income shouldn't be taxed at all)

@5:25 What a lie about "access to basic health insurance". Simply take an ACA plan and even a couple making up to $120,000 per year combined will get a small subsidy. Make a HH income of only $60,000 per year? Then, at least in my state, you will get enough subsidy from ACA that your net premium for health insurance will be as low as $4.00 per month. Health insurance access is a lie. Make much under $60K with only a married couple, no kids, and you pay $0 for health insurance, less you are going after some Cadillac plan that is gold level with all kinds of added benefits that you will never use (sales tools most of the time for the insurance company).

"Here in my garage"???

That saw that whole debate and came down to whatever ever china does that is good it’s because of capitalism whatever is bad about America is because is communist which is not a real argument. You can win any argument if your logic is that everything I like is good and everything you like is bad.They don’t really argue capitalism or communism, the best explanation I’ve seen is by professor Richard Wolff highly recommend.

Wouldn't it be interesting to divide a country into half communism and half capitalism.... Then we let them develop and then in like 75 years we check what happened? Oh wait... that's Korea for you :)

The end of the video makes a great debate on why universities should be nationalized lmfao

I see no capitalism only corporatism.

The prenuptial guy thinks he can find anything he likes in communism. 😂

The problem with communism is that it takes too long. With just those on top in charge by the time society gets on board and starts making progress, the people at top are gonna be over burdened with all the questions and problems they have to solve. With capitalism, each person/ company is responsible and figuresout the problems themselves, and they work together and make progress much faster than communism would. Plus, the whole thing those who worked more reap a better reward that's obviously better.

Love how the legt has 0 idea how businesses work... couldnt even answer how the state set prices.. so weak minded..

A lot of tilted “temporarily” embarrassed millionaires in the comments.

im just trying to figure out when im going to get some of these benefits im paying for like if im paying the government 800 a month they need to do something for us

I want to know what grahams networth target is

Should of did socialism

Still liking!

If you want communism just go to a communistic country and see how it is. Capitalism has it's flaws but it's the best system we have thus far

Elon musk is lazy 😂😂😂 socialists are so delusional

The truth is that capitalism is a net good for society. Yes it played a huge role in slavery and in ending slavery. I have a job, a home, food, etcetera because of capitalism. I also get mailers every day for 30% interest credit cards. Thats capitalism encouraging me to get into crippling debt. By the way, i have no debt.

Bro… you pay out of pocket?😂😅

The "benefit programs can be lost if you make to much, therefor benefits are bad" idea is a broken argument. That just means that the method of cutting off those benefits is bad, not the benefit program itself... I'm not saying that providing those programs is good or bad, just that the argument she used is kind of dumb...

If you like communism just move to one of the many communist countries. I’m sure they’d love to have you.

i hate the idea of nationalising healthy pharma companies. there are so many pharma co that go out of business that could taken by the gov instead of taking successful companies away.

Not a good video… they are not the people I would gather to have this conversation. They gathered stereotypical individuals, not people that have the knowledge to have a deep conversation from where you could have some good insights

You're strawmanning a bad explenation of communism.

Both suck

Maybe 8th?

Only the rich benefit from capitalism. Then he contradicts himself by calling them the job creators. Lol

Communists have a point at times :)

Please do a video about SMR nuclear reactors specifically BWRX 300. I think it's super interesting.

Well said Graham. Wanting communism or socialism means insanity. I always dream of society where pharmaceutical and housing price are not regulated or capped by state. Really hate it when people blame capitalism instead of their lack in skills or talent. Happy new years, hopes the world in 2024 will be more capitalist and see downfall of socialism! 🎉🎉🎉

You can’t grab a 20 year old communist and have her debate a 40 year old capitalist. Have professor Richard Wolff come and argue about it with another economist who prefers capitalism. Two educated economists, not random people.

The future democrat party on the right

Capitalists make some of the really stupid talking points. Crapitalist logic : A moderately prsoperous Socialist country with a strong government control of capital and central economic planning, shouldn't be called Socialist, if it is part of globalized market. The credit should be given to Capitalism. Eg : China But the failure of a Capitalist country without much regulations, and without strong government intervention and without any central economic planning, shouldn't be called Capitalist, and also failure should be blamed on Socialism. Eg : Almost all the third world countries.

Pink shirt says pharmaceutical companies should be nationalized, but one of the biggest problems with the medical system is so much of it’s already regulated by the government. Over time it is become much more expensive and much less accessible, mostly due to government over regulation. Nationalization would make it far worse. Just look at all the empty hospitals in Cuba, or more recently, the UK not allowing its citizens to go elsewhere for care.

Which group of people would you prefer to have as neighbors ?

This is why you go to college. Graham, you are very ignorant on what Capitalism and Communism is. There is no such thing as pure capitalism, except in Congo and Somalia at one point. The whole western world is part capitalist part socialist, some more than others but pure capitalism doesn't exist in the developed world.

as the saying goes: " If Socialists knew at the first thing about economics, they wouldn't be Socialists".....

Cybertruck

Tai Lopez is a scammer 😂😂 why is he on this show