This was a good video for 1949. From the 1940's to roughly 1980 wages of workers kept pace with productivity gains. As workers produced more they received more, gains were shared between workers and owners/investors. Starting around 1980 the productivity gains continued but worker salaries stagnated while profits to investors increased at an increasingly rapid pace. The middle class spent their savings then borrowed as prices kept rising and salaries didn't.
Labor costs heres a solution for that educate yourself and do it yourself two birds with one stone there education & accomplishment thats how I got into the bodywork field I decided paying for others to do what I can with some training would be silly also why people should stop being so lazy & not let their jobs be taken over by illegals
@Gmister2 fucker i was born in communism that shit sucked we didnt have a bathroom in our house untill communism fell and my family finally found jobs made profits of our crops and we had enough money to build a bathroom, if communism was still around we'd still be using an outhouse and the government have us on a bathroom waiting list.
I just couldn't imagine living in a place where there is no incentive to do anything except play chess and get drunk. Kennedy, a Democrat, once said: The USA is by no means perfect, but we never had to put up a wall to keep our people in!
Where I work I run the charity drives every year. When I give, I give to groups that help dogs, greyhounds/watch/service etc. The way most people eat/drink/smoke/drive/spend etc, they bring their problems onto themselves.
@juliaisafilmbuff123 free free free god forbid anyone have to work for anything put your hands to use for work instead of putting them out asking for a hand out
@juliaisafilmbuff123 free free free god forbid anyone have to work for anything put your hands to use for work instead of putting them out asking for a hand out
These days, much of the cost of many goods comes from Research and Development, Advertising, and... CEO greed. Labor is still the biggest single cost, though.
Marxism and Communism fails. You cannont have a Society where the government makes all decisions and provides all ends and means. Free Markets Revolutionized mankind and created everything around us. The main idea of Capitalism is to earn your money through hard work and willingness, in Communism this does not exist, as no matter how hard you work, you are always rewarded the same as your collegue who does little or no work compared to you.
That's the over-simplified third grade definition of Communism. I work in an office with people who are paid more and do less work than I do but have been here longer. Way to go, free market!
@shaggylocks its probably because they heired during a time when the supply of workers was low and they were well qualified so your boss offered them a higher pay to attract them to work for him. Or they may have negotiated their pay to be higher, or they might perform some tasks for the company you may not know of.
@ChickenMagic2 You are a total fucking retard. "The main idea of Capitalism is to earn your money through hard work and willingness" No you jackass, the main idea of capitalism is to get OTHER PEOPLE to work hard for you i.e. employing them for a wage and taking the product of their labor through the collective enforcement of property rights. Read a fucking book...
@Pi11z3ury What? wait so if my neighbor who ad alot of moey wans to pay me $150 to dig a ditch in 2 weeks, and i have 10 shovels but i dont really want t dig the ditch so i hire 10 guys let them use my shovel they dig he ditch in one day i pay them $10 which the have agreed to work for, and i keep 50 for myself. Thats wrong?
@ChickenMagic2 Actually, before the Soviet Union fell (the premier socialist trading partner), the government of Cuba had the resources to provide for every single one of their citizens. Nearly 100% of Cuba is literate at an 8th grade level and no one is starving on the streets. Contrary to popular belief, Cuba is not a dictatorship and there exist organizational schemes in which people vote democratically and address grievances.
@TKainZero From international scholarly studies regarding Cuba. If you learned your history from the US, you should seek out different resources and you might be surprised about what is going on in the world.
@temp229009 Well, I have spoken personaly with people who fled Cuba to Florida, from the time of the Revolution, to fleeing in the 80's.
But then again, I guess they were not very sympathetic to those who came and destroyed their village...
Outside of Oliver Stone, and a few other Dictator loving propagandists, everyone is aware of the disatrious conditions in Cuba, which is one of the worst off nations in the entire western hemisphere.
@TKainZero People die in the streets in the U.S. every day but all anyone can talk about is the supposedly horrendous conditions of a poor tiny island. Who's to say that Cuba wouldnt have become another Haiti had they succumbed to capitalism? At least now they have some dignity.
Cuba is having a very rough time of it now that many of their trading partners have died off. Think about it: how can a tiny tropical island produce everything that its citizens need without a robust trade program?
The workers are perfectly capable of coming up with innovations themselves (as the video shows) and don't need the leeches increasing the costs of goods and services (and depressing their real wages).
@CrankyYellow they are able to figure out way to decrees labor cost and increase effincy but most people lack the recourses to intact those changes which is where capitalism comes in, people with capitol invest their money or recourses to the persons idea and since the risked their money they expect to get a high return. They are not leeching they are facilitating.
Marxism says that yes, that's a good idea plus you should get rid of the capitalists who are skimming off the top and contributing nothing to production (which will also decrease the price, increase worker participation control (and thus productivity) and create a society where everyone is taken care of regardless of price fluctuations.
What's funny is that this video is actually teaching basic Marxist economics. Except, of course, the conclusions are different.
The video says that labor is the basis of the cost and worth of goods and therefor the workers must work harder and allow machinery to be introduced to increase their productivity which allows them to reduce the price of goods and their wages.
wtf 2.00$ wtf i can buy and pound of candy for half of a penny wtf is this its realy cheap r they poor or cheap wtf
rebalacion7 1 year ago
@rebalacion7
$2.00 was a lot of money back in the 40's though.
YesForHope 1 year ago
This was a good video for 1949. From the 1940's to roughly 1980 wages of workers kept pace with productivity gains. As workers produced more they received more, gains were shared between workers and owners/investors. Starting around 1980 the productivity gains continued but worker salaries stagnated while profits to investors increased at an increasingly rapid pace. The middle class spent their savings then borrowed as prices kept rising and salaries didn't.
scotths 1 year ago
6:55 classic
mitchellalien 1 year ago
Thank you shaggylocks for sharing this! You have made this one capitalist happy!
Wejer3 1 year ago
Labor costs heres a solution for that educate yourself and do it yourself two birds with one stone there education & accomplishment thats how I got into the bodywork field I decided paying for others to do what I can with some training would be silly also why people should stop being so lazy & not let their jobs be taken over by illegals
Belk1488 1 year ago
GOD bless the USA, communism is slavery. glad communism is dead!
Smileydanger 1 year ago
look pal, communism will NEVER DIE! besides, have you even read the communist manifesto? 'cause you need to!
Gmister2 1 year ago
@Gmister2 fucker i was born in communism that shit sucked we didnt have a bathroom in our house untill communism fell and my family finally found jobs made profits of our crops and we had enough money to build a bathroom, if communism was still around we'd still be using an outhouse and the government have us on a bathroom waiting list.
kubaniski 1 year ago
If you don't want capitalism, then go live in a country without it for a while and see what it's like!
borzoi1964 2 years ago
Dude, I'd love to live in Cuba. Free health care, free education, everyone has a house and food. Why can't the USA be like that?
juliaisafilmbuff123 2 years ago
I just couldn't imagine living in a place where there is no incentive to do anything except play chess and get drunk. Kennedy, a Democrat, once said: The USA is by no means perfect, but we never had to put up a wall to keep our people in!
borzoi1964 2 years ago
Have you ever heard of "working for the community" as opposed to "working for profit"?
juliaisafilmbuff123 2 years ago
Where I work I run the charity drives every year. When I give, I give to groups that help dogs, greyhounds/watch/service etc. The way most people eat/drink/smoke/drive/spend etc, they bring their problems onto themselves.
borzoi1964 2 years ago
@juliaisafilmbuff123 : If you don't want to work for profit, the only alternative is to work as a slave. Is that what you prefer?
Wejer3 1 year ago
@juliaisafilmbuff123
Would your next choice be Zimbabwe?
Nigralurker 2 years ago
@juliaisafilmbuff123 free free free god forbid anyone have to work for anything put your hands to use for work instead of putting them out asking for a hand out
Belk1488 1 year ago
@juliaisafilmbuff123 free free free god forbid anyone have to work for anything put your hands to use for work instead of putting them out asking for a hand out
Belk1488 1 year ago
More capitalist bullshit. Sad...
juliaisafilmbuff123 2 years ago
Comment removed
buffer545 2 years ago
These days, much of the cost of many goods comes from Research and Development, Advertising, and... CEO greed. Labor is still the biggest single cost, though.
Nonamearisto 3 years ago
Wasn't that banker making soap in another one of these cartoons?
Nonamearisto 3 years ago
Marxism and Communism fails. You cannont have a Society where the government makes all decisions and provides all ends and means. Free Markets Revolutionized mankind and created everything around us. The main idea of Capitalism is to earn your money through hard work and willingness, in Communism this does not exist, as no matter how hard you work, you are always rewarded the same as your collegue who does little or no work compared to you.
ChickenMagic2 3 years ago 3
That's the over-simplified third grade definition of Communism. I work in an office with people who are paid more and do less work than I do but have been here longer. Way to go, free market!
shaggylocks 3 years ago
those workers can easily be fired - thats what capitalism is all about.
mariaRV2 3 years ago
@shaggylocks its probably because they heired during a time when the supply of workers was low and they were well qualified so your boss offered them a higher pay to attract them to work for him. Or they may have negotiated their pay to be higher, or they might perform some tasks for the company you may not know of.
kubaniski 1 year ago
@ChickenMagic2 You are a total fucking retard. "The main idea of Capitalism is to earn your money through hard work and willingness" No you jackass, the main idea of capitalism is to get OTHER PEOPLE to work hard for you i.e. employing them for a wage and taking the product of their labor through the collective enforcement of property rights. Read a fucking book...
Pi11z3ury 1 year ago
@Pi11z3ury ok that still seems fine, whats wrong with that?
kubaniski 1 year ago
@kubaniski Well there is absolutely nothing wrong with it if you have absolutely no ethical propensity towards the liberty of all people.
Pi11z3ury 1 year ago
@Pi11z3ury What? wait so if my neighbor who ad alot of moey wans to pay me $150 to dig a ditch in 2 weeks, and i have 10 shovels but i dont really want t dig the ditch so i hire 10 guys let them use my shovel they dig he ditch in one day i pay them $10 which the have agreed to work for, and i keep 50 for myself. Thats wrong?
kubaniski 1 year ago
@ChickenMagic2 Actually, before the Soviet Union fell (the premier socialist trading partner), the government of Cuba had the resources to provide for every single one of their citizens. Nearly 100% of Cuba is literate at an 8th grade level and no one is starving on the streets. Contrary to popular belief, Cuba is not a dictatorship and there exist organizational schemes in which people vote democratically and address grievances.
temp229009 1 year ago
@temp229009 We are screwed.
Where did you receive your brainwashing?
TKainZero 1 year ago
@TKainZero From international scholarly studies regarding Cuba. If you learned your history from the US, you should seek out different resources and you might be surprised about what is going on in the world.
temp229009 1 year ago
@temp229009 Well, I have spoken personaly with people who fled Cuba to Florida, from the time of the Revolution, to fleeing in the 80's.
But then again, I guess they were not very sympathetic to those who came and destroyed their village...
Outside of Oliver Stone, and a few other Dictator loving propagandists, everyone is aware of the disatrious conditions in Cuba, which is one of the worst off nations in the entire western hemisphere.
TKainZero 1 year ago
@TKainZero People die in the streets in the U.S. every day but all anyone can talk about is the supposedly horrendous conditions of a poor tiny island. Who's to say that Cuba wouldnt have become another Haiti had they succumbed to capitalism? At least now they have some dignity.
Cuba is having a very rough time of it now that many of their trading partners have died off. Think about it: how can a tiny tropical island produce everything that its citizens need without a robust trade program?
temp229009 1 year ago
The workers are perfectly capable of coming up with innovations themselves (as the video shows) and don't need the leeches increasing the costs of goods and services (and depressing their real wages).
CrankyYellow 4 years ago 7
@CrankyYellow they are able to figure out way to decrees labor cost and increase effincy but most people lack the recourses to intact those changes which is where capitalism comes in, people with capitol invest their money or recourses to the persons idea and since the risked their money they expect to get a high return. They are not leeching they are facilitating.
kubaniski 1 year ago
Marxism says that yes, that's a good idea plus you should get rid of the capitalists who are skimming off the top and contributing nothing to production (which will also decrease the price, increase worker participation control (and thus productivity) and create a society where everyone is taken care of regardless of price fluctuations.
CrankyYellow 4 years ago 2
What's funny is that this video is actually teaching basic Marxist economics. Except, of course, the conclusions are different.
The video says that labor is the basis of the cost and worth of goods and therefor the workers must work harder and allow machinery to be introduced to increase their productivity which allows them to reduce the price of goods and their wages.
CrankyYellow 4 years ago 4
ironic, since this was made in America during the conflict with Russia =)
maxleo34 3 years ago
THANK YOU. And fuck capitalism.
juliaisafilmbuff123 2 years ago