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The Rich Have You BRAINWASHED: Capitalism is a Zero-sum Game, They WIN, YOU LOSE 

Prof. Sam Vaknin
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I misspoke at 25:30. I meant to say the RICH, not the poor.
The elites - especially the rich - want you to believe that capitalism is not a zero sum game. This is the false hope that fuels the American dream.
The fact is that social mobility is lower in the USA than it is in socialist industrialized countries such as Scandinavia, France, and Germany.
WATCH We are Rich People's Slaves, Neo-feudalism (Euro College, North Macedonia) • We are Rich People's S...
Most wealth in the West is not made - but is inherited (Piketty). Ironically, new fortunes are generated in quasi-capitalistic places like China, Russia, and Vietnam or India.
Economy not zero sum game (growth pie all around, for consumers and producers), but capitalism is. Marx was right about this (and only this).
Like Communism, Fascism, or Socialism, Capitalism is a method to allocate resources, means of production, and surplus. Capitalism uses the price signal in a free market (as opposed to central planning).
Proof that is zero sum: taking from the rich to give to the poor (taxation as progressive distributive justice) and taking from the poor to give back to the rich (regressive inflation, taxation, and asset bubbles).
But why, in an environment of growth is the game zero sum? Because of scarcity. The rich cannot reinvest all their income and so it is taken out of circulation to the poor (though it is still available to the businesses of the rich via the banking system). Another reason: depletion of natural resources.
These shortages are camouflaged by fiat money, debt, and the symbolic economy. But these are Ponzi schemes and they crumble periodically in cycles of boom and bust.
Find and Buy MOST of my BOOKS and eBOOKS in my Amazon Store: www.amazon.com/stores/page/60...

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24 апр 2024

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Комментарии : 1,1 тыс.   
@samvaknin
@samvaknin Месяц назад
I misspoke at 25:30. I meant to say the RICH, not the poor. Also, unless you are brain-dead, it is clear that I am talking about UPWARD social mobility in this video.
@user-qx9bt9tr6t
@user-qx9bt9tr6t Месяц назад
I agree with your points on capitalism completely. New subscriber here, from India. This is the first time I came across a channel from North Macedonia. Great stuff on this channel.
@melwoods-ml7nc
@melwoods-ml7nc Месяц назад
we knew what you meant. haha
@ROImediaGuy
@ROImediaGuy Месяц назад
So what are you suggesting the poor do about it?
@ROImediaGuy
@ROImediaGuy Месяц назад
Bitcoin solves this problem
@AniishAu
@AniishAu Месяц назад
You similarly misspeak at 24:34
@dakotaridgek9
@dakotaridgek9 2 месяца назад
Laws are for The Poor, loopholes are for the rich
@ivanleelivingston4902
@ivanleelivingston4902 2 месяца назад
In Canada I spotted the greatest scam called the RRSP. It must have been the rich convincing people of power to make a retirement cash cow for the rich and upper class. For example my brother made harlequin movies for 400 K a year and he would buy 100 K of RRSP every year and get 50 K of free money from the middle and poor. 30 years = 1.5 million plus free interest for money in the RRSP fund.
@danieldoucet9121
@danieldoucet9121 Месяц назад
@@ivanleelivingston4902 That wasn't "free money" that he got every year. That was a tax refund. He still paid an enormous amount of tax if he was making 400K a year. If he was not self employed the max he could contribute is 30K per year. You don't have to be rich to contribute to an RRSP account. It's a way for Canadians to have a decent retirement, if they start early, and not solely rely on CPP which is a pathetic amount. The real scam is CPP, which everyone is forced to contribute to and have 0 control over how it's invested.
@donmacquarrie9161
@donmacquarrie9161 Месяц назад
eggzacly
@lesslycarthan956
@lesslycarthan956 Месяц назад
It's in the picture of the signing of the declaration of independence a bunch of wealthy white men signing into laws a list to secure wealth
@arlaban22
@arlaban22 Месяц назад
CAPITALISIM IS SHIT AND SO IS COMMUNISIM. WE MAKE SHIT. YOU CAN HAVE YOUR UTOPIA WITH 100 PEOPLE BUT NOT 1000000, THE PSYCHOPATHS RUIN IN FOR EVERYONE.
@johnmckenna1776
@johnmckenna1776 Месяц назад
“Earth provides enough to satisfy every man's needs, but not every man's greed.” ― Mahatma Gandhi
@gamingcollection4448
@gamingcollection4448 Месяц назад
I love his quotes; such a unique individual in history. I just posted / Ill delete it and post it here. I am glad I enjoy history; sad to watch it repeat ... "When I despair, I remember that all through history the way of truth and love has always won. There have been tyrants and murderers and for a time they seem invincible, but in the end, they always fall - think of it, always." What I love about Ghandis quote; which ever perspective you look at it from , its relevant. But mainly "TRUTH AND LOVE ALWAYS WON" ... I see no reason his salt march should ever be forgot.
@BLUERAVENWANDERER
@BLUERAVENWANDERER Месяц назад
😂😂😂😂😂😂
@JamesJohnson-yy3wv
@JamesJohnson-yy3wv Месяц назад
Damn racist
@JoseJBronze
@JoseJBronze Месяц назад
This must be his reason to be willing to serve under British colonial rule with the last system so he and his British masters could take from lower kasts. The west loves this devil that saw Europeans create apartheid and wished the colonizers ruled his country like that. White supremacy was never a thing. The game is to point out a group and make the whole world accept that group as lower so that the majority can live with being robbed (but not as much as the lowest ‘kast’. In general that would be the darker skin or even features you have, the more people will support keeping you under. Organized narcissism.
@ianhoward4246
@ianhoward4246 Месяц назад
Too true... sadly 😞
@DerekSpeareDSD
@DerekSpeareDSD 2 месяца назад
John D Rockerfeller: "We must never let the masses believe they can revolt." George Carlin: "they call it the american dream because you have to be asleep to believe it."
@xochitl7489
@xochitl7489 2 месяца назад
😂 Very good
@freeman37
@freeman37 2 месяца назад
Man was a genius, and not just of comedy.
@TaylorVac
@TaylorVac 2 месяца назад
@@freeman37 Psychopaths are never geniuses. Don't let them brainwashed you. He just read the right books and associated in the right circles. Apart from that it isn't exactly a genius statement. He just knew what was going on. You need higher standards. Furthermore, that statement is no longer valid, as all people are cognitively no longer capable to do so. Humans have been extinct at around 2001. With a very few exceptions. Only human beings left. All terror, as wars, systematic/institutionalized gr. ape, racism, drugs etc are/were a dehumanization process to implement AI. Hence, we live in a mental disease era which are all man made. . And that is why we are being bombarded with these subjects on (Social) media. Especially narcissism. Only about a handful of people (those who are still human) have escaped it.
@TaylorVac
@TaylorVac 2 месяца назад
@@freeman37 Psychopaths are never geniuses. Don't let them brainwashed you. He just read the right books and associated in the right circles. Apart from that it isn't exactly a genius statement. He just knew what was going on. You need higher standards. Furthermore, that statement is no longer valid, as all people are cognitively no longer capable to do so. Humans have been extinct at around 2001. With a very few exceptions. Only human beings left. All terror, as wars, systematic/institutionalized gr. ape, racism, drugs etc are/were a dehumanization process to implement AI. Hence, we live in a mental disease era which are all man made. . And that is why we are being drowned on (Social) media with this subject. Especially narcissism. Only about a handful of people (those who are still human) have excaped it.
@TaylorVac
@TaylorVac 2 месяца назад
@@freeman37 Psychopaths are never geniuses. Don't let them brainwashed you. He just read the right books and associated in the right circles. Apart from that it isn't exactly a genius statement. He just knew what was going on. You need higher standards. Furthermore, that statement is no longer valid, as all people are cognitively no longer capable to do so. Humans have been extinct at around 2001. With a very few exceptions. Only human beings left. All terror, as wars, systematic/institutionalized gr. ape, racism, drugs etc are/were a de .......... humanization process to implement AI. Hence, we live in a mental disease era which are all man made. . And that is why we are being drowned on (Social) media with this subject. Especially narcissism. Only about a handful of people (those who are still human) have excaped it.
@DLG24
@DLG24 Месяц назад
My dad never went to University, I did. He started a small trucking business in the 90's, bought a house, a 4x4 and a motorcycle. Today, he recently retired early, has money. But I'm unemployed, not married and no real assets. Society is broken.
@ericknudtson1956
@ericknudtson1956 Месяц назад
The left broke it.
@brushstroke3733
@brushstroke3733 Месяц назад
​@@ericknudtson1956May I ask how old you are? The left is awful now, but initially that was in response to awful the right used to be. The right used to be super intolerant, teetotaling, fundamentalist Bible thumpers. They've come a long way since the Clinton years.
@UniDeathRaven
@UniDeathRaven Месяц назад
@@ericknudtson1956 You are brainwashed mongol. The capitalists rich broke it, the leftists and communism will fix everything.
@jackfaber7710
@jackfaber7710 Месяц назад
why lameass like you can't be a currier in ny? take a bike and go to the job!
@southsideschooloffinancial4059
@southsideschooloffinancial4059 Месяц назад
Capitalism is the accumulation of wealth from the means of production, which is the conversion of natural resources, electricity (power), agriculture, and land. It is the wealthy that gets the accumulation, it is the poor who does the conversion, and thus Capitalism distributes from the poor to the wealthy and is eventually a zero-sum game. You and yours may be lucky enough to be in that long line of distribution and live an ok life before the end.
@hongolloyd8728
@hongolloyd8728 Месяц назад
The golden rule, whoever has the gold rules.
@Francis_UD
@Francis_UD Месяц назад
110/100 👍🏻🤜🏻🤜🏻
@bricehutchison
@bricehutchison Месяц назад
Up until gold dematerialised hence those with gold turning the world on each other
@Gospel_of_John_3.16
@Gospel_of_John_3.16 Месяц назад
whoever has the gold makes the rules
@OghamTheBold
@OghamTheBold Месяц назад
Gold isn't money (heavy soft virtually useless science calls the shiny fascinator) ASDA Tesco Lord Sainsbury's … refuse it - LOL they even refuse £20 coins from King Charles' royal mint
@Keepreal83
@Keepreal83 Месяц назад
Well the Africans have the gold and the suffering over there is dire
@augustusomega4708
@augustusomega4708 Месяц назад
We have honored and obeyed successful criminals, The system itself is anti human
@julieannmyers8714
@julieannmyers8714 Месяц назад
This system values NO LIFE FORMS whatsoever. It only destroys everything in order to create more & more inanimate objects at an accelerating pace. It will take the only planet we know of upon which Life exists & turn it into a dead rock.
@KevHarkins1
@KevHarkins1 Месяц назад
5 days of serious dental pain because no funds to pay £350 to dentist, made me more than willing to sign up for a class war
@user-sy2jy1si8f
@user-sy2jy1si8f Месяц назад
Step 1 - make zero savings Step 2 - blame everyone else when emergency money are needed but you have none
@SnakeNbake
@SnakeNbake Месяц назад
You're lying
@maxinozka
@maxinozka Месяц назад
£350 wasted there is not dentists in the UK maybe if you pay £3500! otherwise you will wait 2 months in pain for something which is done in almost every normal country (with normal doctors not like UK spoiled useless university educated heartless cheaters) within couple of days and mostly at half price
@Naturalmedicineprescription
@Naturalmedicineprescription Месяц назад
lets go
@Ty-qo3lj
@Ty-qo3lj 23 дня назад
Who's lying? The guy who made the video?
@briankelly85
@briankelly85 Месяц назад
“We cannot solve our problems with the same level of thinking that created them” ― Albert Einstein
@sturmman100
@sturmman100 Месяц назад
🧠...stein,berg,witz...🍄
@troywalkertheprogressivean8433
@troywalkertheprogressivean8433 Месяц назад
The level of thinking, being right wing
@brucebooker8346
@brucebooker8346 Месяц назад
It's like Jim Morrison told a crowd, "you are all slaves".
@rocketmanzimm
@rocketmanzimm Месяц назад
​@@funnylikeatree3559 What does that have to do with what Morrison said? He obviously followed his own path in spite of his father. Jim Morrison's father George was a high-ranking naval officer who played a role in escalating the Vietnam War, disapproved of his son's unconventional music career initially, and had a difficult relationship with Jim due to their contrasting lifestyles.
@jefesalsero
@jefesalsero Месяц назад
This is The End - my only friend, The End.
@sickboy8682
@sickboy8682 Месяц назад
Morrison was a CIA plant.
@DanielDiaz-en2ux
@DanielDiaz-en2ux Месяц назад
​@@jefesalseroSuena preocupante... Pero si sabes bailar salsa la vida puede ser mucho mejor. (No puedo garantizarlo )
@sandrashane677
@sandrashane677 Месяц назад
@@rocketmanzimm Jim worked for the CIA
@KriswiththeK7
@KriswiththeK7 2 месяца назад
The reason people dont understand what you're saying is because they think a Plumber's son having to become an Engineer is social mobility. If social mobility was a reality in America the Plumbers son would be fine as a Plumber, he wouldnt need more education and experience than his father to make a little bit more money
@TheMazinoz
@TheMazinoz 2 месяца назад
God in Australia plumbers charge X 2 what a medical specialist does!
@evm6177
@evm6177 Месяц назад
Rightly so in the past when the 'pie' was considered for everyone, and thats exactly what those Harvard and Princeton educated elites want to challenge. They are selfish and hate to share the pie anymore it's day light robbery same as the stock market.. ain't nothing noone gonna do about it..NOTHING NO REVOLUTION GONNA HAPPEN! All we really do is vote more of these maniacs like Trump / rich elite criminals year after year for their families benifit.
@Nowicki222
@Nowicki222 Месяц назад
Most blumbers make great money.
@tammielisa
@tammielisa Месяц назад
Never thought about it like that but it’s an interesting point.
@ronaldmitchell3665
@ronaldmitchell3665 Месяц назад
This plumber made more working hard on the field of development while one’s father had a contract one-off job that made him fat and happy, then useless and unhealthy to work, etc…
@valuetraveler2026
@valuetraveler2026 2 месяца назад
Next time explain how the poor (or the not rich) can take steps to exit the system, or maybe find a fairer system outside the West where this algorithm seems to be most firmly in effect
@evaferrante243
@evaferrante243 2 месяца назад
The cards are stacked fairer in a socialist system, as he mentioned.
@coquitah
@coquitah 2 месяца назад
Males need to understand their nature is not to lead, and look to woman for this. We can start from there.
@energyfitness5116
@energyfitness5116 Месяц назад
You build yourself up like any other animal to survive better in the environment. The poor suffer from apathy and risk aversion just as the rich suffer from hubris and ennui. Poor immigrants come over to the US with nothing and pool family resources to build businesses. Others settle for the government teat. How come some people start with nothing and improve their situation while others can't?
@livinglifetothefullest22
@livinglifetothefullest22 Месяц назад
Why do you again ask another to give you the solutions????? Why do you NOT USE YOUR OWN BRAINS???
@3Torts
@3Torts Месяц назад
@@pawelhyzopski6456 ..it's crazy to me how many domesticated people can't understand the realities of the system leaving them unprepared for reality.
@brendawarner5415
@brendawarner5415 2 месяца назад
I think the rich do know what they do to the environment, and to people. I think they are working hard on A.I. to protect themselves from the rage that is building in all the hard working, frustrated,struggling people. They have no empathy because they dont know what its like to be poor. Also,it doesn't suit them to care. Then,as decent human beings,they would have to do the right thing, and pay their fair share of taxes.
@Chez8922-kf6cy
@Chez8922-kf6cy 2 месяца назад
Is it that the only people who can be ultra weathly are like malignant narcissists or psycopaths because to exploit others with no concern of the harm it causes one has to have a lack of empathy?
@ISureDont
@ISureDont Месяц назад
@@Thewonderingmindsmaking it bold doesn’t make it any clearer bud
@bambbambboyguy123
@bambbambboyguy123 Месяц назад
They have no empathy because many were poor and they worked hard to get what they have I know from experience and then people like you make excuses and complain and watch losers like this so why should we feel sorry for you
@bambbambboyguy123
@bambbambboyguy123 Месяц назад
@@Chez8922-kf6cyyes but we’re talking billionaires
@Chez8922-kf6cy
@Chez8922-kf6cy Месяц назад
Anybody in the 1% just about. The vast majority of them are business owners or executives of corporations. Those are the people who have made it their occupation, their identity to take as much from society and give back as little as possible.
@realhet
@realhet 2 месяца назад
What's worse than capitalism: Lottery. It's a below zero sum game but people are still loving it. The company takes 1/3 as income. The state takes another 1/3 as tax. And the investors will get the remaining 1/3. The trick is that they create an enormous disproportionality when they pay back the winners. This is the transformation of the symbols people are paying for 2/3 of their investments. People are unable to count with this loss, they only see the big prizes, they don't see the much lower chances...
@brianadlich4406
@brianadlich4406 Месяц назад
capitalism is a lottery. career lottery. athlete lottery. acting lottery. musician lottery. financial investing lottery. there's plenty of winners numerically to give the illusion so many are making it to the bigtime, but in percentages most people are without.
@gwynedd1
@gwynedd1 Месяц назад
its not "capitalism". Capital as defined by human labor resulting in goods and services and converted into savings is market capitalism .That was the 3rd estate. What the aristocracy does is swindle the public into conflating economic rents with products of human labor. Economic rents are edicts from a government that are bought and sold as if they were capital.
@ty194
@ty194 Месяц назад
How do you know seeing as you've never lived in a capitalist country.
@billstrasburg384
@billstrasburg384 Месяц назад
Everything is worse than Capitalism. There is no other economic system which has ever come close to increasing the standard of living of every person in a society all along the wealth spectrum, and no other system is anywhere near as good for spreading the wealth and diminishing the differences between the most and least wealthy. No one living in reality can make any legitimate argument to the contrary. People who hate Capitalism also hate humanity and want to see others suffer.
@theboyisnotright6312
@theboyisnotright6312 Месяц назад
Lottery gives dirt poor people hope. You certainly won't get anywhere working hard. I buy a ticket every week. It's the only gambling I do, I know the math, but it's fun to dream and what's 2 bucks
@user-qd3hz5bw5x
@user-qd3hz5bw5x Месяц назад
Im taking care of both my parents this system has beaten them to the ground I will not have it. Im 35 and im determine to show them I will live a more prosperous life by showing them its ok they brought me into this world today.i don't want them to leave this planet without knowing I can handle the trails.
@Liberty-hw9dh
@Liberty-hw9dh Месяц назад
FIAT can be easily PRINTED by THEM
@Pertemba40
@Pertemba40 Месяц назад
"Give me control of a nation's money supply ( now the World!) and I care not who makes its laws." - Amsel Mayer Rothschild.
@markrobby7136
@markrobby7136 Месяц назад
Yes, this how that money is controlling American and the European laws and policies
@michaelhart1597
@michaelhart1597 Месяц назад
Never in history have so many people consciously volunteer for a form of slavery imposed on them. People today are in love with and simultaneously bamboozled by capitalism. And his henchmen known as consumer debt. A creed, where everybody strive to be rich, at others people's very costly, and devastatingly so, expense.
@josho5860
@josho5860 Месяц назад
Entrepreneurialism has become a religion in the US. The reality of economic life (how power and thus resources are distributed) is overshadowed by mythology.
@ty194
@ty194 Месяц назад
And where on earth are people living under a capitalist system?
@chrishart8548
@chrishart8548 Месяц назад
​​@@ty194 under bridges in tents living with parents. In cars sleeping at work without anyone knowing I shop doorways. Sheds in people's gardens
@ty194
@ty194 Месяц назад
@@chrishart8548 Is that in the same place where there's a massive welfare state, high taxes, high minimum wage, government subsidies for multi billion dollar corporations and banks amongst many other things? Because if it is, that doesn't sound like any capitalist system I've ever heard of.
@chrishart8548
@chrishart8548 Месяц назад
@@ty194 high minimum wage means nothing if you can't get a job.
@kayb947
@kayb947 2 месяца назад
Thank you Professor . Rich and Narcissistic seem to go together. Would you speak on Socialism ?
@shawnregina9110
@shawnregina9110 2 месяца назад
Most communist leaders are worshipped as pseudo gods. I think there’s much more to delve into on the socialist side.
@livinglifetothefullest22
@livinglifetothefullest22 Месяц назад
Only a narcissist want a job with power and will have no limits to get there! It is because they have reptillian brains!!
@zarbins
@zarbins 11 дней назад
I'll summarize Socialism for you. Replace Rich with Poor and Narcissistic with Authoritarianism. The results tend to be catastrophic.
@Kevinspizza
@Kevinspizza Месяц назад
Exit their game when possible , cancel all contracts , reduce service plans of all types , buy used and never new vehicles , never buy a house and be exploited on a 30y deal . Leave the country when possible .
@manflynil9751
@manflynil9751 Месяц назад
Very good advice.
@luxboss2388
@luxboss2388 Месяц назад
Facts this is the advice that really makes sense
@edism
@edism Месяц назад
​@@jonarauzohave you done the maths or just saying this without any thought?
@shirairyu9806
@shirairyu9806 Месяц назад
​@@edism The government forces the cost of cars greatly with inefficient regulated systems like EGR, evaporative emissions, & tire pressure sensors. We would be better served requiring all gas motor vehicles to have filters to filter the air as they are already in motion, old tech, cheap, effective at removing pollutants from the air. Less MPG, due to wind resistance, less air pollution, everything is a tradeoff Not viable, as it does not serve the primary purpose of climate regulation, kickbacks, monopolies, forced adaptation of patented tech, picking winners & losers. Cars were, & should be cheaper, the less expensive materials used.......cars are no longer designed by car designers, rather dictated through regulation.
@3Torts
@3Torts Месяц назад
...great ways to get out of the Socialist trap.
@agate360
@agate360 Месяц назад
I enjoyed this video very much! I live in Canada, and in my experience many do not understand the seemingly complex nature of the social hierarchy of capitalism; I am a 65 year old artist who has often heard the terms 'deserving' or 'undeserving' in reference to the idea of success. Hard work or work ethic as we know it does not equate to automatic financial success. That's a fool's idea. I have often thought it must be a wide array of abilities one must have to succeed and perhaps being in the right place at the right time, or as they say, who one knows in life. I've heard people say, 'In comparison with the other systems, Capitalism isn't perfect but is the best of what's out there. I am trying to learn what is out there that works well for the people, perhaps a new structured kind of system. No one should have to live without a roof over their head or without food, or in constant fear of losing what sustains them in terms of basic needs. Thank you for your clarity and insights.
@SapienSpace
@SapienSpace Месяц назад
You are describing monetary slavery, it is the premise of the song "Bittersweet Symphony" by the Verve.
@ajstclair
@ajstclair Месяц назад
I'm a fairly educated person, we live our lives but intuitively we sense changes in the world around us - social changes, economic shifts, political dysfunction - and then someone gives voice to thoughts and our awareness is raised. Excellent.
@galinakondratenko5400
@galinakondratenko5400 Месяц назад
To become rich or poor not important. Life is not aboit becoming rich. It aboit becoming happy and it dont depend on money.
@briaf3370
@briaf3370 Месяц назад
It's not a binary
@Ziegfried82
@Ziegfried82 Месяц назад
Maybe for some people being broke is fine, for me it was miserable. I'm a lot happier now that I have money.
@tazanddo
@tazanddo 2 месяца назад
Thank you professor Sam Vaknin. Once again you have stunned me with your astute observation of the truth that's hiding in plain site.
@Bibichnya
@Bibichnya 2 месяца назад
Sight
@patriotasylum
@patriotasylum 2 месяца назад
Oh man. I want the Vaknin vs Peterson debate on this. I would also like to hear Thomas Sowell weigh in on it.
@north_mesa
@north_mesa 2 месяца назад
The Internet is not ripe enough for such a discussion.
@AmritBirdi
@AmritBirdi 2 месяца назад
Literally, this thought crossed my mind at least 5 times. I’d love to see that.
@saschaD02
@saschaD02 2 месяца назад
....and a little Shapiro for extra self-righteousness..;)
@Love_Daisys
@Love_Daisys 2 месяца назад
No Sir, misogynists don't have any say any longer and they are about to lose their jobs and homes. No one wants misogynistic men and women anymore 🎉
@Love_Daisys
@Love_Daisys 2 месяца назад
It's not misogynistic enough you must mean? 😂
@aquariusstar7248
@aquariusstar7248 Месяц назад
The poor ppl who said it wasn't true that the poor voted for Trump, didn't know they were considered poor.
@hanselito2416
@hanselito2416 Месяц назад
People realized minimum wage laws make it illegal to be poor but required to be reliant on the government.
@thefonzies6895
@thefonzies6895 Месяц назад
I'm a 40 year old black man I said the same thing you got money to put government programs and military recruitment in poor neighborhoods you could use that same money and give us low interest business loans or give us 5 years tax Free like you give arabs to sell my people alcohol tobacco and bad food. My ancestors built the country for free we can't get those tax breaks and we don't have the generational wealth. I figured it out the design is to keep us modern day slaves that depend on government programs. Sad
@hanselito2416
@hanselito2416 Месяц назад
@@thefonzies6895 yeah our ancestors as americans. Stop acting like your skin color makes your opinion more valid than anyone else's and people will stop invalidating themselves
@LaJoBa1
@LaJoBa1 Месяц назад
I remember Ronald Reagan on TV with a dollar bill on his hand talking about trickle-down economics, have yet to see any trickle.
@mikem683
@mikem683 Месяц назад
It worked as planned. The flow of money to workers slowed to a trickle
@terrorbilly1
@terrorbilly1 Месяц назад
Oh, it's working alright. Don't you just love the rich trickle down on you? 🙄
@melwoods-ml7nc
@melwoods-ml7nc Месяц назад
trickle up is better.
@thetaxgawd
@thetaxgawd Месяц назад
Trickle-down isn't toxic IF the government can run a balanced budget, but Bush, Obama, Trump, and Biden have had no interest in such a concept. It's only gotten worse each year and the covid insanity destroyed reality. What I don't get about Sam is that he was wrong and is now pretending that capitalism is the problem? Some of us pointed out that lockdowns and fake medicine campaigns (cough cough Pharma corps wanting to make money) were a grift, but he called us conspiracy theorists. NO. Capitalism WORKS if you don't print trillions of dollars and stuff it into the economy and fake jobs, government systems, etc. We predicted this inflationary disaster four years ago and got called conspiracy theorists....let me run the damn country and I will show you how easy it is to make capitalism work. We are a society run by losers, grifters, and sociopaths.
@subcitizen2012
@subcitizen2012 2 месяца назад
You've struck oil Sam. Keep it coming. The world needs to hear this, especially places line the US.
@livinglifetothefullest22
@livinglifetothefullest22 Месяц назад
Shhhhhhtt🤫🤫🤫 the Americans are living the "American Dream" don't wake them up!!
@3Torts
@3Torts Месяц назад
@@livinglifetothefullest22 lol 🤡
@ralphneptune9881
@ralphneptune9881 2 месяца назад
Very interesting lecture. I couldn't help but visualize the curent situation in my home country Haiti. My country of origin never been rich but use to be in much better shape then right now. The state had multiple sources of income from public electricity, to distribution of waters etc. The money made by the state was partially misused but a fair amount of it was use for the good of the population. In the 80's the capital had electricity 24/7 murder rate was relatively low. At some point the super rich in the country, mostly maid of outsiders influence the government and they privatise public services. All the money of the state end up in their pocket. They didn't use the money for a fair redistribution of wealth like building road and school etc Instead just as Sam say the money was kept in vault and even worse they spend the money to buy extravagant good and homes in the Northern countries So not only as parasite they sucked the blood of the country but all their money is used to build fancy houses outside of Haiti or is kept in the banking system of already rich countries. The government of Haiti got poorer and poorer, no source of income also mean a considerably reduce capacity to influence the country and help the population. And the work and wealth produce by the population end so far away from his place of origins. At the very least those rich could build great hotels and palace and encourage tourism but they point out insecurity and violence as reason to avoid constructive investment. The insecurity itself is the product of an empoverish government wich in the absence of ressources can't educate his population, can't have a strong police force neither an army. And the empoverishment of the government is the direct impact of the overtake of the country by the super rich. If my coutry would've kept his door close to malevolent outsider who happens to be billionaire. We would be in a much better place. How sad.
@TheMazinoz
@TheMazinoz 2 месяца назад
In Australia now this government is taking on large corporations but letting them off very lightly eg wage and leave theft, food prices. But better than nothing. Also stopping privatisation. Privatisation of employment services really made people less than slaves.
@ralphneptune9881
@ralphneptune9881 2 месяца назад
True !
@joannbrown2842
@joannbrown2842 2 месяца назад
Interesting 👍
@duancoviero9759
@duancoviero9759 Месяц назад
The story of Haiti really crushes my heart as a black man. To hear their courageous story of breaking off the shackles of slavery only to still fall victim to their old masters.
@user-ci2fd8vc2f
@user-ci2fd8vc2f Месяц назад
@@duancoviero9759 Old masters? Not even. Its literally just random syrian guys trying to make a buck.
@shaw99livecouk
@shaw99livecouk Месяц назад
Life is a zero sum game. You come with nothing and leave with nothing.
@khanaliqasim1757
@khanaliqasim1757 Месяц назад
There are things you leave behind, whether it is knowledge,love or experience or even art.
@Jamhael1
@Jamhael1 Месяц назад
​@@khanaliqasim1757 but you take those things WITH YOU when you die?
@khanaliqasim1757
@khanaliqasim1757 Месяц назад
I mean how you influenced others will stay in their memory or you will be a topic of discussion
@MarnieKhaw
@MarnieKhaw Месяц назад
It is idiomatic to say that capitalism is a zero sum game. Capitalism is not just an algorithm. It is a set of incentives, and when the government does not get in the way, the poor are also greedy, and will strive to better themselves.
@Jamhael1
@Jamhael1 Месяц назад
@@khanaliqasim1757 and yet, you will not be there to reap or witness the results.
@davidmende4438
@davidmende4438 Месяц назад
Live for free when you start out. Parents, or in your car. Work hard, save all pay. Buy small house, or build one yourself, for cash. Work hard, save money. Buy better house, cash. Avoid debt. Don't use whores. Keep biblical morals. Marry smartly, not for looks. Finally send me 10% for this advice. You're welcome.
@bunrisl
@bunrisl Месяц назад
Somewhere around 27;43 you mention the fiat debt based monetary system. This 300 year old system has been in place allowing the 1% to flourish, putting the debt on the backs of the working poor. The American constitution itself demands in one of the articles that the currency system should be gold only. This article of constitutional law has been ignored by the central banks/federal reserve and congressional law markers for many many many years instead they introduced the fiat debt based system. Both capitalism and socialism have ridden on the rails of this "money printing" system. Currently the only escape ramp out of this system for individuals , countries and companies is bitcoin which is a digital commodity currency totally decentralized. It removes the control of the monetary system from gov'ts, central bankers , Federal reserves. Gold .silver and other similar currencies function in a similar manner to bitcoin but lacks the portability and three ledger accounting system that bitcoin has.Thank you Vakim for your important discussion on this matter which is affecting our world community .
@otisacre1654
@otisacre1654 Месяц назад
Hold precious metals. Grow food. Learn self-defence, construction, and natural medicine, and generate your own energy.
@JesterMax24
@JesterMax24 Месяц назад
"Produce Energy"
@danielimmortuos666
@danielimmortuos666 Месяц назад
Humans are not actually autonomous, we’re a social species. What we need to do is to stop feeding the machine that’s enslaving and killing us. We need to stop having children and listening to governments and corporations, and we need to rise up
@otisacre1654
@otisacre1654 Месяц назад
@@JesterMax24 fair call 🫡😄
@kurtaikido2889
@kurtaikido2889 Месяц назад
If you hoard 1 billion dollar bills in crates it takes giant warehouses and you’re a fire hazard… fire marshal will close down your warehouse, if you hoard blips on a computer screen the possibilities are endless!
@brydkw
@brydkw Месяц назад
I always hated working. I attributed it to me being lazy. Growing up, I was taught to work hard and to pull my own weight in order to be successful. I always felt a certain level of guilt for not working hard enough and, at the same time, feeling overburdened and weighed down and constantly failing at life.
@CentralisLiberale
@CentralisLiberale Месяц назад
Great video. One thing to add - the rich don't pay tax. Not really. Due to monetary expansion, their asset growth far outstrips their tax bill every year. It looks like the rich are paying most of the tax, but it's an illusion. All the tax they pay (and more) is surreptitiously handed back to them each year via government-mandated increases in the money supply, blasting the value of their assets up to Valhalla. Tax is only paid by the aspirational poor. The aspirational poor pay for the other half of the poor. The rich pay nothing at all. And nobody seems to notice. It's morally perverse of course, but you have to admire the dark, twisted genius of it all.
@zarbins
@zarbins 11 дней назад
The top 10 percent pay over 60% of all taxes (ball park). The bottom 10-15% pay almost nothing in taxes.
@niveajones6400
@niveajones6400 2 месяца назад
Please do a follow up video on WHY we are “dumb enough to believe them."
@samvaknin
@samvaknin 2 месяца назад
Search the channel for "stupid" and for "success".
@germank7924
@germank7924 Месяц назад
@@samvaknin let me guess, stupid getting stupider? IQ is zero sum?
@livinglifetothefullest22
@livinglifetothefullest22 Месяц назад
​@@samvakninisn't it unbelieveble how 'they' keep asking others to think and find solutions for them hey???
@michaelhart1597
@michaelhart1597 Месяц назад
Simple answer, paganism. Worshiping those who are economically well off. And since they'll never be that, they opted out trying to be a local celebrity, and pay dearly for it.
@gamingcollection4448
@gamingcollection4448 Месяц назад
What do you mean those people? 🤣🤣🤣
@missme3916
@missme3916 Месяц назад
I agree with most of your presentation except that global goods are 'for the poor'. These goods are a cost of the rich used to placate and distract the poor. To create a neverending preoccupation and cycle of consumption. While it may seem as if it is for the benefit of the poor, it is actually of benefit to the rich.
@mvito39
@mvito39 Месяц назад
Democrats push hard to impose/enforce the tax code on the working class, which the rich often navigate around. My and other's income tax was at its lowest when Trump was in office, wages were high, gas & food prices were reasonable, and unemployment was low. You're talking out your butt on this one 😂
@ssunkite1
@ssunkite1 Месяц назад
Have you heard of covid, which put a never seen strain on supply chains? How about Fed's money supply? It's not because of Trump inflation was low, was because the fiat system was not stressed. Once covid hit there was a systemic failure of the capitalist economy. Why do you think the stock market over decades keeps making higher highs and higher lows?
@duancoviero9759
@duancoviero9759 Месяц назад
Yeah ok, you sound like one of those uneducated whites he was talking about because everything you just said was false.
@deeandrews7051
@deeandrews7051 Месяц назад
Lets hope he gets back into office. TRUMP 2024!!!!
@lecorbusier3827
@lecorbusier3827 Месяц назад
that’s why we need a wealth tax for the superrich, not an income tax!!
@mvito39
@mvito39 Месяц назад
@@lecorbusier3827 that won't work.
@mrcheerful9544
@mrcheerful9544 Месяц назад
I have to say that this is a quirky take on the economic system but essentially I would tend to ignore economic theory and concentrate on elite theory. After all, elites make the rules and laws including how the financial system works. I can recommend reading the mercifully short book analysing elite theory called 'The Populist Delusion' by Neema Parvini.
@jamiesaulter2263
@jamiesaulter2263 2 месяца назад
Sam, I am absolutely smitten with most of your lectures. This one in particular is absolute truth and as it is, people will try and reject it to save themselves from reality. I appreciate you taking the time to bring this to us all.
@zane62135
@zane62135 Месяц назад
Another example of this is investing. Even if you put your money into a standard index fund, the wealthy are doing, at the very least, the exact same thing. They will always have more than you because they are starting with more. Anything you do helps yourself, but it naturally helps them even more, keeping them ahead indefinitely. There is no way to catch up except for starting a business, but this is much more difficult as time goes on because you are competing with mega corporations with near infinite resources and reach. Imagine it as a busy ecosystem with no spots left to fill.
@jeedwards1981
@jeedwards1981 Месяц назад
Well said, and mostly the government isnt for small businesses ever, regardelss of what they say. Its easier to have mega corporations in their back pocket .
@SurpriseMeJT
@SurpriseMeJT Месяц назад
Yes, any new idea can be bought or stolen by large corporations with more money to spend on lawyers to destroy you if you fight them. The legal system is for lawyers and corporations to profit. That's why I suggest people do what I did. Invest as much as possible in an index fund, then leave to a country with a lower cost of living or better benefits and where life is less stressful.
@Dainja
@Dainja Месяц назад
I like the idea of running a business to earn profits. The problem that I have with US capitalism is that profits are more important than morals and ethics over here. We need to put people over profits, not profits over people.
@magicroundabout5081
@magicroundabout5081 Месяц назад
Nothing is free, there is always a counter or balancing effect to everything. If you are offered something for free (or discounted), you are being lied to. Why would you want to do business with someone, or some entity, which starts off with dishonesty?
@DiscipleOfHeavyMeta1
@DiscipleOfHeavyMeta1 2 месяца назад
Based Sam Vaknin strikes again.
@3Torts
@3Torts Месяц назад
...says the indoctrinated.
@JohnHarthomstowCEO
@JohnHarthomstowCEO Месяц назад
I've lost all my beliefs and have no idea what the right 'system' is now I was a socialist when I was young, became a pretty strong libertarian for a while, then started to see the benefits of a moral balanced liberal democracy. But then it seems there's failures happening there too now. Is China going the right way? Some people seem to think they have all the answers, and sure they're progressing in some ways, but I don't know, they seem to have some serious problems too. Quite disillusioned trying to imagine how we govern ourselves in a fair way. Perhaps we just have to focus on our own lives
@SurpriseMeJT
@SurpriseMeJT Месяц назад
China is a far older civilization and might even last longer than the West. Does that make them "right"? Good question.
@nortonkelly8460
@nortonkelly8460 Месяц назад
We don''t have capitalism, how is the centralization of economy capitalism,
@ritariverbass8593
@ritariverbass8593 2 месяца назад
I'm 25 and I've shared your video with a friend of my age. We already had a very similar opinion about capitalism, but it feels hopeful to have someone from another generation talking more openly about it. As a young generation we feel like there's lack of guidance on how to act when facing these issues. I'm very grateful I found your video and channel. Thank you for sharing your knowledge with us.
@3Torts
@3Torts Месяц назад
LOL... domesticated dorks.
@Herculiz22
@Herculiz22 Месяц назад
@Chez8922-kf6cy
@Chez8922-kf6cy 2 месяца назад
"Yeah I know how that trickle down works. It's when you feed the horse oats and what comes out the back end and lands on the street is what's left for the sparrows." I live in a rural part of Northern MN. I've been trying to explain to anyone who will listen that politics in America is about wealth, who gets it, who keeps it, and that capitalism is a giant game of Monopoly. I have paid dearly for speaking of such things. I have torn into the belief systems of both Democrats and Republicans and wow does that make people hate you. The wealthy elite own both political parties because when you can buy both parties why buy only one? Most people don't understand that the wealthy elite and their corporations have so much money they can't even spend it all, they are literally hoarding it. The Republican party is entirely about protecting the interests of the wealthy elite but with the Democratic party there is a little bit of hope for the poor and middle class to not be completely robbed blind. Discussing the problems capitalism causes society is a taboo subject with even most Democrats. A fairly recent study on American politics showed that for the economic bottom 80% the likelihood of these people getting laws passed that they want is next to zero. The wealthy are calling the shots. They bought the lawmakers to protect their money. Problems galore. Take for example that in the 1950s the average working class guy could buy a house in America for 2.2 times his yearly salary. Now decades after the neoliberalism policies the rich got passed to extract more wealth from the peasants the average working man pays over ten times his yearly salary for a home. It is a zero sum game. The rich getting richer does not make the peasants richer. A rising tide does not raise all boats. Tax cuts for the wealthy do not improve the lives of the poor and middle class. The rich are taking more from the rest of us. I can give examples all day long. Even Billionaire Warren Buffet will tell you "There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning." And I really appreciate what Voltaire said about this issue: "The comfort of the rich depends on an ample supply of the poor." We peasants are like a heard for a cattle rancher. Have you fellow Americans ever considered the possibility that the Republicans opposing abortions are actually essentially the same as ranchers growing their heard? Is it just a coincidence that every policy a Republican supports benefits the wealthy? And that's just a taste of the economic pitfalls of capitalism. Just look at the psychological and social devastation of so many people living in poverty and the numbers are growing. It destroys people, families, relationships, integrity. When the wealth of a society is extracted by a few and the rest are left to fight for the remains things get ugly. Competition is not always good no matter how many times the rich tell you it is. Everybody is playing everyone else in one degree or another in a capitalist society. You can't trust anybody. Not your spouse, your friends, or even your family in many cases. "Competition is the law of the jungle but cooperation is the law of civilization." Adam Smith even said, and I'm paraphrasing, that unregulated capitalism always results in a monopoly. And who wants no regulations? The guy who is winning and wants everything everybody else has. Not surprising one of the core philosophies of the Republican party is elimination of regulations. These broke ass Trump supporters walk around regurgitating this shit that is absolutely toxic to them, their families, their community, their health. "Duh,, regulathins bad,, duh,,, drool. Murica." Hasn't anybody else noticed that we don't have free markets, competition among businesses in America? In each industry there are a handful of companies and they strategize with each other to raise their prices together in order to fleece the public. That's the result of lack of regulations. It's heartbreaking to see so many of my fellow Americans so misinformed and misled. To see them mindlessly repeat political talking points they don't fully understand and with absolute certainty. And that is the real danger, certainty. Mankind has been there before. I think of Brownowski outside of Auschwitz quoting Oliver Cromwell "I beseech you from the bowels of Christ think it that you might be mistaken." And now we have a Presidential candidate calling his political opponents "vermin," talking about arresting them, putting them all in internment camps like during the great war. And his fans love him for it. Holy fuck. These people have no idea where this is going. I'm not a believer but all I can think of saying is God help us. I don't know what economic system is the solution to capitalism. That's a discussion for economists and philosophers. I am neither. But I can tell you that we need to be having a discussion about the damage capitalism is doing. That discussion is not allowed on the national stage, in our corporate media, and especially with our elected leaders.
@Chez8922-kf6cy
@Chez8922-kf6cy 2 месяца назад
FYI Hitler called his scapegoats vermin too.
@Diotima0fMantinea
@Diotima0fMantinea 2 месяца назад
The masses are too subdued, delusional and distracted to do anything about it. With the acceleration of AI it will only get worse. The elites think they have got away with it and so are blatant with their Satanic, Zionist bs in all facets of society. Even the Satanists have more legal protection than other religious groups. In the US it doesn't matter who the new president will be as they all have shared interests, and will continue to take more from the poor. Have you noticed the Elites buying up land and brainwashing people to live in a tiny house, or how cool van living is? They don't want the peasants to own anything. And that is the whole point. Agenda 2030 - Own nothing and be happy. It's enslavement.
@TheMazinoz
@TheMazinoz 2 месяца назад
So true. The pendulum is swinging in Australia. We are starting to deal with these issues. Many here agree with you.
@Chez8922-kf6cy
@Chez8922-kf6cy 2 месяца назад
@TheMazinoz, it sounds like Canada is starting to follow the US as well.
@artmkrtch122
@artmkrtch122 2 месяца назад
The idea of fighting capitalism was one of the main drivers for Hitler’s acts.
@atrocitasinterfector
@atrocitasinterfector Месяц назад
what about compound interest, for those who need to borrow it snowballs their cost, for those with extra money it snowballs their wealth? also as a matter of principle, the pie does grow, even if it does not grow fast enough or there are other issues, the wealth pie is growing and those on the lower end of the economic spectrum are wealthier than the rich 100 years ago by a large margin despite population growth
@ahrimanic7
@ahrimanic7 Месяц назад
In some circles this is known as “house rules”. The real problem is that we cannot live on bread alone.
@jvaldez1896
@jvaldez1896 2 месяца назад
I think I got it. Contrary to what I believed that I was winning by receiving a product or service in exchange for currency, I am realistically a net loser in that exchange. The only way, therefore, that I see to win is to make way beyond my ability to spend, in other words upper middle class or rich.
@FinancialConsultdotcodotza
@FinancialConsultdotcodotza Месяц назад
If you didn't have to pay tax for 1 year, your life would change dramatically as you won't have to work the first half of the month to pay all the taxes. Taxes is just expropriation of assets.
@adcaptandumvulgus4252
@adcaptandumvulgus4252 Месяц назад
Yes but the question is will the people recover all that excess wealth the richest absconded with for years or will it just disappear never to be seen in our lifetime again?
@dagda825
@dagda825 Месяц назад
I don't know. I worked in security for many rich people; they seem to enjoy screwing each other as much as any other group. This man's argument is more against greed as any -ism. Conquer greed and scarcity and you'll solve most of society's problems.
@wolf-yw9wk
@wolf-yw9wk Месяц назад
“Capitalism refers to an economic system in which a society’s means of production are held by private individuals or organizations, not the government, and where products, prices, and the distribution of goods are determined mainly by competition in a free market.” why can’t we just enforce this? because the people we vote into power are not doing their jobs. we vote for people to technically police this to make sure there is no cheating in the “competition”and they don’t, so if they can’t police this, the idea is we give them more power and ownership to make sure it gets done?
@duinay3
@duinay3 Месяц назад
It's time to revolt
@trace-mark
@trace-mark Месяц назад
Spot on. Capitalism relies on continued gain in a finite environment. Greetings from a social democracy.
@zarbins
@zarbins 11 дней назад
Capitalism relies on continued innovation, an engaged citizenry, and an increase in competence. Your social democracy relies heavily on capital markets by the way.
@GiGiDollTV
@GiGiDollTV Месяц назад
What if we all exchanged our 💩 with the agricultural sector as fertiliser in return for food credits? This would be a much fairer system.
@ivanadias1210
@ivanadias1210 2 месяца назад
If you are born in a medium family and if you go no contact with them and stay single you can became poor, I live in Europe, we are expect to be high funcional single happy individuals.
@undecidedmajor1664
@undecidedmajor1664 Месяц назад
If you are single in America you are considered non functional. The nuclear family is the smallest unit of human life. The most affordable apartments for a single person is priced for at least two incomes.
@patrickcarney9177
@patrickcarney9177 2 месяца назад
You've found your life's calling. Your unique background in finance and psychology positions you well to take a leadership role on the side of pro-social reform in the dire times ahead.
@3Torts
@3Torts Месяц назад
LOL.
@patrickcarney9177
@patrickcarney9177 Месяц назад
@@3Torts Nice contribution, boot licker.
@divinomato
@divinomato Месяц назад
People don't like to hear the truth. Especially those who swear they are right. Welcome to the modern world.
@FGF-om6nm
@FGF-om6nm Месяц назад
The economy is not growing, but the cost of living & debt won't stop growing. Many economists compare present time in the USA to the 1970s. Wishful thinking at best.
@hologramhouse729
@hologramhouse729 Месяц назад
Despite AAALLLLLLL my rage, I am still just a rat in a cage 🐀🏛
@cango5679
@cango5679 Месяц назад
free your mind and the rest will follow, as the song goes
@ianharrison1511
@ianharrison1511 Месяц назад
What a great song!
@zarbins
@zarbins 11 дней назад
Ahh, yes. The narcissism of Billy Corgan the tortured artist who identifies as Job despite all the wealth, success, beauty and opportunity manifested in his life.
@zarbins
@zarbins 11 дней назад
@@cango5679 "Be color blind, don't be so shallow." Of course, if you do that now you will be deemed a racist.
@lamia7891
@lamia7891 2 месяца назад
So, i should marry rich? Got it 🤣
@Chez8922-kf6cy
@Chez8922-kf6cy 2 месяца назад
My former father in law used to say "Real wealth is measured in billions."
@Chez8922-kf6cy
@Chez8922-kf6cy 2 месяца назад
Good luck finding a billionaire who you will ever be in contact with. It's possible but so rare. Anna Nicole Smith pulled it off. But look at how she ended up.
@greglee4897
@greglee4897 2 месяца назад
So what do we do to save our lives?
@benholler3611
@benholler3611 2 месяца назад
@@smokinonindobuy the thing created by the same people.. yeah that will work
@SpaghettiPerson
@SpaghettiPerson 2 месяца назад
save your soul first, body will follow
@saschaD02
@saschaD02 2 месяца назад
Regionalisation to heighten the visibility and responsibility of the people in power whilst minimizing the individual sphere of influence and capability of forming groups of interests(corruption).
@dianehunt695
@dianehunt695 Месяц назад
Find others in your area to get together with, work towards being able to work together (the system uses means to divide and conquer), work towards sharing of resources, find out about things such as permaculture, people like Vandana Shiva, Bill Mollison, David Holmgren, and put your monies together to buy land or failing that do guerilla gardening and create food landscapes, for planet and all life. There's no need for scarcity. If we care for the planet it is abundant, how it was meant to be but the rich make it not so in order to keep things as they are.
@greglee4897
@greglee4897 Месяц назад
I have no clue how to find such people around this city as all that goes on over here is buying and selling and the buddy system
@knobfieldfox
@knobfieldfox Месяц назад
But how can we deal with the looming techno-feudalism that appears to be destined to become our future reality? What policies should governments adopt to tame it, reduce inequality and increase social mobility…
@earthrooster1969
@earthrooster1969 Месяц назад
The Narrative 'American Dream' always gave me the idea of a ' Mirage' I had once traveled to the US on work. My US colleagues were busy talking new cars, new laptops, where to eat, where to play golf, where to buy what...during the times we were taking a break from work. Also gossiping about others in the workplace. Where I was staying, on TV, while watching the news ..three things took center stage. Gunshot fatalities, car pile ups and wild fires..( it was summer in California) That was my strange experience of the US during my short stay there.. But yes, the houses were cool, the greenery, the manicured landscapes.. And yes...the alarm of my colleagues when i thought of taking a short stroll! Never do that they warned...even if there is a perfectly made pretty lane for pedestrians.. nope.. They did not want to frighten me about getting shot....
@SurpriseMeJT
@SurpriseMeJT Месяц назад
This is why I left the US. People are brainwashed with fear, carnal desires and material consumption. If you don't adhere to their cult-like mindset, you're an outside and will be talked about at work. Where I worked, there were people who rose the ranks, but their belly's and weight also rose considerably. They have more money and stuff, but will likely die early or at the very least, have a very uneventful life working and managing their assets only the die before they can use the valuable time they have on earth to enjoy life. Yes, if you are walking, you are considered either poor. dangerous, stupid or all of the above. People don't trust you if you don't have the appearance of having money in America.
@nealbeard1
@nealbeard1 2 месяца назад
It would be great if Sam spoke on the Sam Harris podcast
@Chez8922-kf6cy
@Chez8922-kf6cy 2 месяца назад
I love Sam Harris. He's one of the Four Horsemen.
@nealbeard1
@nealbeard1 2 месяца назад
Interesting that the word Christianphobe doesn't exist
@Knight766
@Knight766 2 месяца назад
​@@Powderfinger07Fear of Islam is NOT irrational. Also the vaccines worked and have been a remarkable achievement.
@SurpriseMeJT
@SurpriseMeJT Месяц назад
@@Powderfinger07 I'm a fellow Islamophobe. Islam hates you if you are not a Muslim. Do you believe Mohammed was the best example of a man as Muslims do? Please review the story of Mohammed.
@jpex9
@jpex9 2 месяца назад
Is this not fractional reserve banking? I love your channel btw.
@samvaknin
@samvaknin 2 месяца назад
It is.
@jeffbottaro9882
@jeffbottaro9882 Месяц назад
Yes, exactly. Factional Deserve banking.
@kingmike40
@kingmike40 Месяц назад
I have seen people who started with very little and became wealthy. It takes work ethic, time, and discipline. Three qualities that most people lack. A good idea for a business is hard to come by and even harder to execute into a business. If you help society fix a problem you can become very wealthy. You won't get something for nothing.
@SurpriseMeJT
@SurpriseMeJT Месяц назад
Yes, but America has become this place where sure, you can be rich if you're working harder and smarter than everyone else, but anyone who isn't trying to do the same thing will fall behind and be misreble. If you're not fighting to get ahead, you simply get left behind. Everyone in the US wishes to be rich so they too can enslave those who are not rich, since this is the only way to stay rich - to have more than the rest.
@dr-ng8te
@dr-ng8te Месяц назад
The game is rigged, but a self sufficient can out maneuver the sheep and achieve his own Future as an individual in USA,by not buying the common societal. Illusions.!!!
@1594simonsays
@1594simonsays Месяц назад
The society isn't worth working hard for. Period
@trancendental5373
@trancendental5373 Месяц назад
Capitalism, you need capital to play.
@nicj5354
@nicj5354 Месяц назад
"No one can serve two masters. Either you will hate the one and love the other, or you will be devoted to the one and despise the other”.
@mycatisromeo
@mycatisromeo Месяц назад
As Joan Crawford said to Christina in the film Mommie Dearest, 'You have to compete AND win!' She's not wrong. The people who have all the wealth just so happen to write the rules in their favor so they always win. Isn't that what being a winner is all about? 'Its NOT FAIR' Christina said. .... 'Ah, but Tina, nobody said life was fair.' -Joan Crawford.
@donnyvu1220
@donnyvu1220 Месяц назад
Thank you. I could never put into words how I feel about the economy. I’m an Econ major and could resonate with how Bishop Fulton Sheen said about the capitalism of the old is not the same of the new. Now I understand.
@AndelinaPeric-yl9hn
@AndelinaPeric-yl9hn 2 месяца назад
One of the best videos iv'e ever seen! Well explained. Thank you.
@jillainenewman1358
@jillainenewman1358 2 месяца назад
Thank you, Sam. Thank you for always telling the truth, even when we don't want to hear it. I've come to trust your analyses.
@ProgressiveTruthSeekers
@ProgressiveTruthSeekers Месяц назад
It’s a DEBT BASED SYSTEM to place the common people, in economic slavery, to banks and corporations. The vast majority of people are in, medical debt, school debt, credit card debit, car loan debt or mortgage debt. Making enough money to purchase food for their families is a huge challenge, when you're living, pay check, to pay check.
@michaelfulcher2124
@michaelfulcher2124 Месяц назад
Damn the truth hurts, but it’s to painful for most people to accept it much easier to accept that they are middle class and not the working poor it make them better.
@magnusfreeborn
@magnusfreeborn Месяц назад
The problem isn’t “capitalism”… The problem is government. An anarchist society is the only logically and morally sound way to organize society.
@samvaknin
@samvaknin Месяц назад
samvak.tripod.com/anarchy.html
@nataliekhanyola5669
@nataliekhanyola5669 Месяц назад
An Anarchist society would by default exclude capitalism.
@magnusfreeborn
@magnusfreeborn Месяц назад
@@nataliekhanyola5669 Capitalism is simply a synonym for free trade and an anarchist society is a truly free society so, no, capitalism would still exist within it. What people really mean when they refer to capitalism is what’s known as crony capitalism or cronyism and it’s actually a result of government rather than the ability of individuals to trade freely, so quite the opposite, in fact.
@aces411
@aces411 Месяц назад
​@@magnusfreeborn I agree but the word "capitalism" like most ism's is forever tarnished. Perhaps just utilize "free market" within a self-governing society with meritocratic management.
@magnusfreeborn
@magnusfreeborn Месяц назад
@@aces411 No, people just need to stop blaming capitalism for all the things that are clearly the result of governments, because people think you can stop “capitalism” via governments, which only exacerbates the problems they wrongly attribute to capitalism. In fact people’s misunderstanding of capitalism is a HUGE reason the world is SO messed up, so, no, I can’t just let people be incorrect otherwise the problems will never be fixed which is exactly what the powers that shouldn’t be want.
@MichaeldeSousaCruz
@MichaeldeSousaCruz 2 месяца назад
Government money, eg the U.S. Dollar is a tax credit, and we can’t pay a tax liability until the government has given us its own tax credit, right? So the government has to spend its tax credits first before we can pay a tax, right? That would be “pre-distribution”, yes?
@samvaknin
@samvaknin 2 месяца назад
Governments can create deficits which far exceed any tax credits or liabilities.
@patrickday4206
@patrickday4206 Месяц назад
​@@samvakninyeah need more taxes cause inflation and you stole extra income especially when interest goes up and the money borrowed came from government
@peterjol
@peterjol Месяц назад
Nobody would be anyone's slave IF it was simply made financially worthwhile for people to SHARE the jobs we would democratically AGREE we NEED to have done and work much less. Everyone sharing in doing something they agree is doing something they need. No more primarily working FOR money but sharing in doing something we need and being paid for doing it is an entirely different thing. It would then no longer matter how rich you are, or how much money you have, you couldn't get anyone to be your SLAVE they wouldn't need YOUR jobs or YOUR money, You couldn't get anyone to build you a mansion or a yacht or to clean your house.
@StelleenBlack
@StelleenBlack Месяц назад
I have a college degree and middle class, but in my opinion, voting for either party is against our best interest. United, we stand. Divided, we fall. We are falling!
@Lifelikeproductions
@Lifelikeproductions 2 месяца назад
Well this guy would be a hell of an advisor
@moestietabarnak
@moestietabarnak Месяц назад
"but the poor in the USA have coffee-maker, a fridge and a TV" !
@JJDean976
@JJDean976 Месяц назад
lol
@FJMay-jx6hr
@FJMay-jx6hr Месяц назад
Globally they belong to the 1% club too.
@user-Max1980
@user-Max1980 Месяц назад
Like in any industrialized country. But in USA specially it was via other country's robbery
@screechingwind114
@screechingwind114 Месяц назад
In USA many, many Rich Politicians Take The Government Money Allocated for the Poor and Distribute among their Rich Friends...They Stay in Office. ? I Find that Disturbing.
@carolyn7691
@carolyn7691 Месяц назад
"Religion is what keeps the poor from murdering the rich" Napoleon Bonaparte
@mh0mz
@mh0mz Месяц назад
I hate this life :(
@gerhardvanderpoll7378
@gerhardvanderpoll7378 Месяц назад
Hating life is not going to make it any better for you or anybody else....
@BigDawg-by3ne
@BigDawg-by3ne Месяц назад
We need to unify and crash the system
@UniDeathRaven
@UniDeathRaven Месяц назад
because you were dumb enough to believe the lies. become socialist already.
@MyManinHavanna
@MyManinHavanna 2 месяца назад
This is excellent. Intelligent people are converging.
@davidjacobs6344
@davidjacobs6344 Месяц назад
The argument is very well set out here by Sam V. Many factors to consider. Many of these assertions undoubtedly hold water. How do we do it better one ponders. Dpj
@peternyc
@peternyc Месяц назад
I've been obsessed with political economy and social theory my entire life. After 2008, my understanding of everything changed. I watch and read a lot of supposed "left" media by Marxists, Anarchists, and Socialists. None of them speak directly to all of us and our truly shared economic reality as the working class as this video does. Excellent stuff.
@joecarey4356
@joecarey4356 Месяц назад
So what is the answer?
@Tronnixx
@Tronnixx Месяц назад
Capitalism needs to change. If inflation benefits the rich and the Federal Reserve prints more fiat dollars in the United States, then the opposite of inflation, deflation, would make all the prices of the goods fall. I think that would benefit the poor, and disadvantageous to the rich that they wouldn't want that happening to them. I agree that capitalism is a zero-sum game, no matter where the money flows, to the poor or rich. I think capitalism can be a fair system if there is a change in how the resources are being allocated by distributing them to the poor. What can cause a deflation in our monetary system? Has deflation ever happened in the United States' history? Great video to watch, the information is valuable to learn and to think about. There's another question that I have about economics relating to scarcity because scarcity affects our behavior with resources. If the planet has a finite resource, what could we try to do to preserve or rejuvenate the scarcity of our planet that would somehow stabilize the productivity of the economy that would benefit the poor, and check the greed of the rich?
@dianehunt695
@dianehunt695 Месяц назад
Systems like permaculture help planet and life, creating abundance while healing it. If one doesn't have access to land, often owned by the rich, then there's guerilla gardening including grafting fruit onto street trees plus organising people to care for these trees. Vandana Shiva, Bill Mollison. David Holmgren are worth checking out.
@Tronnixx
@Tronnixx Месяц назад
@@dianehunt695 That's an interesting idea.
@jeedwards1981
@jeedwards1981 Месяц назад
Look up many of the older federal reserve speeches. They feared deflation more than anything and made policies to try and reduce it happening. Wonder why...... connect the dots, its pretty simple.
@saschaD02
@saschaD02 2 месяца назад
That leaves us: Regionalisation to heighten the visibility and responsibility of the people in power whilst minimizing the individual sphere of influence and capability of forming groups of interests(corruption).
@user-eh1vp3ev3c
@user-eh1vp3ev3c Месяц назад
True enough, just wish they'd stop blaming the CEO's entirely. They shouldn't be paid as much as they are, but it's the shareholder system that's really screwing everyone, legally pushing corpos to do what's best for the shareholders at the expense of everything else. You could divy up the Ceo's salary and it would barely add $1000 per year to everyone's wages, compare that to the overall profits that go directly to the shareholders. The middle class just doesn't want to admit it because that's where most of their retirement savings are. They want us to blame the rich ceo's because it doesn't solve the problem and allows them to keep their investments.
@valuetraveler2026
@valuetraveler2026 2 месяца назад
Very cool your work is getting recognition.
@marcojansen9599
@marcojansen9599 Месяц назад
No, the poor are advising people how to become rich on YT... They can't.
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