I think in theory it may work. But what I know is Capitalism has contradictions, it may be a free market, but in reality for the existence of these really really rich people, there has to be poor people. And I'm not a positive enough to think that one day it will totally work, I mean work for EVERYONE. I am as sure that Communism won't do it either. It's just not fair how freaking wealthy some people are, I don't care how much "charity" they do. Capitalism allows that. I pray for a new system.
@marythekook But people get all that money as a reward for working hard and contributing to the free market. I admit there are cases where it is unfair and it does need regulating but I do think that capitalism is the best system we are likely to develop
Help? My tribe is trying to gain Federal Recognition and I would appreciate if you could go onto the website* and sign the petition It ends DECEMBER 1ST !
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"Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." - Keynes.
I don't hate capitalism: it is the most dynamic economic system of all history. Nonetheless, it's a system in which capital dominates just about everything. I hope that one day it will be superseded by something better.
The difference between loaning money to a friend or through kiva.org and a bank loaning money is that a bank doesn't need an actual $10,000 to loan $10,000 out, a bank can potentially loan out more than 10 times it's actual worth, it creates money that didn't exist before when it needs to float a loan
Willy is so cute that I only heard "WAH WAH WUH WUH WMMM HRRR RRHHM WHRHHH" in the background while I was watching a very cute dog. And very randomly, I heard "Which is why heroine is illegal" and realized it was because there was no more cute dog and so I was paying attention again.
@tunawrangler1 A nerdfighter actually asked John if he would rather have an elephant-sized puppy, or a puppy-sized elephant. He answers in a "Question Tuesday" video that he would rather have a puppy-sized elephant.This was in January 2008, so it was just after Brotherhood 2.0.
i didn't listen to a thing john said until the thing about getting rich on puppy sized elephant costumes and something about heroin because i was distracted by the puppy elephant
kiva.org is such a great thing!! It is absolutely my favourite charity because instead of say giving water or something to a village it helps improve the economy of 3rd world countries which is after all what needs to be changed in order for the decrease of their suck! (run-on enthusiasm)
@2Bforsaken a nerdfighter is a person that instead of being made out of bones, and organs, and tissue, they're made entirely out of awesome. Go watch the rest of the vlogbrothers videos; you'll catch on.
This video is actually one of the resources used for teaching capiralism to Grade 10 Social Studies students at my high school. It was the first time I ever saw a Vlogbrothers video. All of the teachers show it. :)
Unfortunately the free capitalistic economies become run by corporations and then the economy suddenly isn't so free. It can still seem like it's free because of all the different brands, but they are all owned by one corporation creating fake competition. And don't even get me started on government subsidies.
We're learning economy in social right now, and I can FINALLY understand this video! Poor Nerdfighter!....poor as in lame as in unable to understand economics ahead of my time
While organizations like kiva.org do good by providing capital for poor entrepreneurs, the way that they go about it is unacceptable. What you have not mentioned so far in any of these videos about it is the astronomical interest rates included with such loans. They say that since the loans are so small they need to have a high percentage of interest, but why must they profit? All money is provided by site users, plus they take donations. The interest rates thus are exploitative of those in need
@LegendShark You ask, "Why must they profit".... You don't understand what John is talking about here do you? Heck you don't seem to understand how the free market works at all. Interest rates are what make the process possible. If they just took Johns money and made nothing on it then the incentive to do it would not be there. They would also have no money to pay for the management of the company.
@stormlifter Wait, do the donors make money back from their investments? If so, then I'm not brutally irate.
And they would have money to pay for the management of the company: When you donate money to a budding capitalist you are encouraged to donate to help the site run..
But it's charity... the incentive is to help others. You're just feeding into the capitalist money grubbing system that forces you to believe that the only reason that people do anything is to make money. That's disgusting.
@LegendShark There's a lot of evidence to support the fact that lending developing countries money is more effective than giving them money, but that can be a whole different discussion.
Kiva donors don't make money. What you're not accounting for is all of the people facilitating these loans. You can't expect someone to manage these loan groups 365 days a year without getting paid. Money Kiva makes above and beyond that is used to expand their efforts, allowing them to reach more people.
okay, because i'm a grammar nerdfighter: heroine ≠ heroin. "heroine" = female hero, like buffy. "heroin" = illegal highly addictive drug that a bunch of rock stars have problems with. buffy is not a rock-star-killing drug. hence, i say again, heroines are not heroin. and i'll stop now.
This video doesn't really address any of the problems with capitalism that I worry about, like exploitation of workers, corporate wastefulness and pollution, or the free market's failure to prevent "tragedy of the commons" events (see: fisheries). I'd like to see a video about that someday!
Oh, and yes, the super partisan, left and right does like to call anyone who disagrees with them a "left wing socialist," or a "right wing fascist." Our country is so divided it is sad.
this is a great video but this is an argument for a market economy,which not necessarily an argument for capitalism. there have beeen and still are lots of market economies that are not exactly capitalist(social democratic market economy, economy of compeating workers co-ops ect ect), and also arguably lots of economies that had capitalists but no real market compitition (facism and if i wanted to be mean the modern american banking system). capitalisim and a market economy arnt the same thing
I found out about Kiva a long long time ago from you guys, and I've lent to two people (one fully paid back, the other almost) and I got my mom Kiva gift certificates for Christmas so she's lent to two people, and I agree that it's a really really awesome website!
P.S. What is aplomb? (from the end of the doobly-do?)
John, if you promise to come to Columbus, Ohio on my birthday (October 20th) for the 3rd year in a row, I will be the happiest turning-17-year-old-Nerdfighter in Nerdfighteria that day.
John: It's a balance between the communist extreme and the capitalist extreme. The fact that we have any regulation at all shows this. So you've argued the point for the free market side of things, and there are great arguments for the socialist side. The question is, which is the best balance? Having lots of experience of America vs Europe, my view is that America is far too extreme in the capitalist direction. You'll never have complete freedom or social fairness... you have to choose a mix.
You have the best goofy analogies for serious topics. Also, I'm so sad I couldn't see you in Columbus. I've been in Ecuador since the beginning of October and now that I'm home I'm watching all the VlogBrothers videos I missed...and now I'm sad that I missed seeing you. Come back soon!!!
thank you for defending capitolism. people are starting to scare me with their anti-capitolism attitudes. over time in a socialist economy everone is equal, but everone is equally poor, and over time the country's economy goes down. with capitolism there are dips and booms, but on average the economy goes up
"Which is basically why heroin is illegal, but that's another story." So, you don't really believe in capitalism, just a free market for those things you agree with. Hmmm... A really free market would include a free market for property use; for example, I could build an adult bookstore right next to that nice yard you and Bubbles are running around in. What? That would infringe in your use of your property? But what about the free market? Can't I use my property as I want?
Capitalism dosnt work because for an economy to keep growing there has to be continueous demand and recources for products.people dont need an infinite number of things and there only a limited amount of recources in the world.
Without growth and profit there is no incentive for business to continue on the market.
Which means that when your one product is down, then you would need to make a new one to keep it growing. Using the Elephant idea: When people stop buying elephant costumes because they already have one, the person making elephant costumes would need to think of a new idea to keep their business growing, such as lion costumes. In the real world, this creates new inventions and a growth in technology.
True, but that will only bring a limited growth to consumer products, not, for example healthcare, where developement is vital. This also leads to people spending more money on consumer products, which leads to inflation and insreased personal borrowing, which then leads into a downturn when prices become too high and many people are unwilling to spend because of their debt.
Well. then people have to be smart with their money. If someone is borrowing so much that they can't pay it back, then that person has a problem. Though, if people start unwilling to spend their money on a product, then the product will drop in price until people are willing to buy it.
There is a problem if banks are allowed to give out 120% mortgages, sometimes to risky customers.
But when product prices drop, the company who makes/sells this product cuts expenses through wage reductions or redundancies, leading more people into the bad debt from a mortgage, for example. This leads into a spiral of banks losing money and not providing loans for businesses which leads to less products being made and less liquidity in the economy.
That's the problem with the bank. Would you lend your money to someone you know unresponsible? There is a problem with banks giving out that much on risky custormers, I agree to you on that. That's why our country is in this kind of mess.
Honestly John, do you really think I want to pay 99 cents to get your video? I mean, a puppy in a puppy-sized-elephant costume is cute and all..but no 99-cents cute.
Hey that's one cute Westie Pup. And he's not even bothered by that elephant outfit. I agree free market and inventiveness works as opposed to waiting around parking lots for a hand out. Nothing is EVER free, much to the chagrin of those that disagree with Capitalism. Hang in there, drain the swamp and get back to those puppy outfits. Thanks for a cute post.
OMG!!! I MADE THAT COSTUME!!!! I haven't had internet at my apartment so this was the first time I could watch new videos in a months so I just noticed today. I'm so happy it (sorta) fits Willy. Thanks John for keeping it and showing us what Willy looks like in it!
I checked out the kiva website that like independant lending for poorer class of people much like the american banking system in united states does but independant, So what if there buisness folds and and can't pay back the investers, with interest. I guess that's why you need to read there profile lol, I guess if people want to take a 25 dollar gamble. If it worked it would be nice to see that payback.
Cute costume. Butt i think it would be funnier if you left space in the elephant's trunk so it would fit on the tail of the puppy!! Notice that it is about the same size...
Labor is what creates the products and services...working on my masters degree in finance I would like to think I know a little something about money and capitalism
Nah. What you tried to do what oversimplify and wrap up your definition of the economy into a idealistic sound byte. Honestly, what you said didn't really mean anything. I'm not even sure what your aim was. Exploitation of labor? I'm sure you were going somewhere with that, just not quite sure where.
Incidentally, you don't have to give me your resume. If you're really the expert you think you are, your words will reflect it. Congrats on pursuing your masters, though.
John, combining puppies with anything is awesome, but this especially is. I swear, your videos are some of the most educational videos ever. I really wish you were my teacher.
Kiva is great idea. But you are forgetting one very important thing. People are giant cheater cheater pumpkin eaters. Capitalism only works well as long as:
1. Information is true and pervasive
2. Workers/Companies compete equally with each other to keep wages/prices at reasonable levels
Unfortunately, when people have an interest in cheating the system they usually do. Whether that's by forming monopolies or by pretending that chopping up risk and dispersing it is safe. We need Regulation
we dont need regulation, that is not the governments job. There job is to protect our god given rights(not govenrment given) and to enforce the law to protect people. You are forgetting something as well.
1) Absolute power corrupts absolutely
2) the government can not be trusted with that sort of power
3) Similar regulations were enforced by the nazi parrty in facist germany.
I dont want to compare our government to nazi germany but there politics are dangerously close
Who regulates then? If a company builds a factory that releases toxic chemicals into the river, causing millions in health care costs and potentially killing hundreds of people, who makes them pay for it? Not the government? Who?
If the three major producers of product X decide to get together and fix a prices at a certain level to maintain high profits for everyone, who tells them that they can't? Not the government?
All power in every form can corrupt. But some will hold power. Who?
This is the most rediculous claim- "we dont need regulation". Haven't you seen what has happened due to a lack of regulation, how the banks have ruined every right-wing country in the world due to a lack of regulation? Another point aswell, apart from Nazi Germany's horrid rascism and expansionism, they managed to bring the country back from when it was practically a third world country, in debt over £6.6 billion (worth around £500 billion today) and with over 6 million people unemployed.
but at what price did the come out of there depession they lost a lot of freedom. What you are basically saying is that you wouldnt mind the government having the power to take away are freedom. That is ridicolous in itself. Also there was already regulation before hand just not as much. The government played a heavy role in the state the economy is in right now. did you know that he only time the country was not in debt was when andrew jackson was president there was regulation back then
You just dont get it, I LOVE FREEDOM!!! Everyone does, but the point i am making is that if you are poor in a left-wing country, you have more freedom and a better standard of living than if you are poor in a Caplitalist country. It is obvious that your country, your society, has poisoned you against left-wing politics, which is sad :( Try looking at left-wing politics from an informed, non-biased view and you might see that it has some good ideals
That's simply not true. The poor in left-wing countries are not better off because they lack the incentive to better themselves and bring the standard of living down for everyone else through redistribution of wealth. Bringing everyone down rather than permitting someone to lift themselves up is not a "better standard of living". It's an economic slight of hand where everyone is worse off.
And, to prove the incorrectness of your assumption, look at the most left-wing countries that have existed, i.e. the USSR, China, North Korea, and Vietnam. The poor in these communist countries hardly live better than the poor in capitalist countries. These were/are the penultimate left-wing countries that have not only failed, but have reduced their middle class and poor to absolute poverty.
you are excluding Sweden, a Socialist country which tops the polls every time for high standards of living and they also have huge amounts of freedom. You Capitalists tend to 'forget' countries like this when you make sweeping statements of how u think ur system is better
Actually, let's talk about Sweden. The UN reports which rank Sweden as having a high standard of living use factors many Americans, and capitalists, don't consider factors at all, i.e. the availability of universal healthcare, availability of welfare, etc. Of course the US doesn't have the same standard of living because, under our values, the majority don't believe in such programs. You socialists ignore your "leading" countries and try to focus on the "good" ones.
You say that things like universal healthcare and availability of welfare don't contribute to high standard of living, yet Sweden has a higher Average life expectancy than the US, so it is your own stupidity that stops you from thinking that they are not important factors
And there is the typical liberal insult. 1.) it's point of view. I, and most Americans, do not want the government telling us what medical care we can get or should get. Notwithstanding, Americans have longer 5 year survival rates than Europeans from major diseases such as cancer and heart disease, which shows how our system works. We don't live as long, not because of our medical care, but because Americans have different lifestyles (eat worse for the most part, watch more tv, etc.).
To be honest, i dont really care anymore, you have obviously closed your mind to any possibility of reviewing Socialism with an unbiased opinion, so why should I even try to help someone who supports a system that is so self-defeating that it has brought the world to its knees with its mistakes
false i educated myself in these matters and it is the other way around the left wing is piosoning the ignorant. How would you even no you dont even live here so how can you judge. I have looked at these veiws and i have studied them and they are wrong. You see socialism doesnt work. It has been proven in history that it fails. Not only does it fail but it also takes peoples freedoms away. Les look at soviet Russia they did have more freedom or a Good standard for living even in there best days.
You say Socialism doesnt work, even though the biggest Socialist country in the world, China, is not in recession, while the biggest Capitalist country in the worle, the USA, is. Ergo, capitalism doesnt work
your ignoring the fact that China only started to succeed when the country adopted a semi capitalist system to go along with there socialist. You are also ignoring the fact that millions of people have suffered in China due to there lack of freedom and opression. Socialism fails. im sorry you do not see it
Further, European countries have, historically, had much higher unemployment rates than the US. Why? It's a direct result of socialist policies. With regard to China, they're socially communist, not economically communist. Further, your logic is circular. Under your logic, Europe's economies failed to grow at any significant rates while having high unemployment from the 1990's through the most recent recession. Therefore, under your logic, socialism doesn't work.
Actually, the unemployment rate for September 2009 is 9.8% in the USA but Europe has a 9.2% unemployment rate, so your point is false. Secondly, you imply that all countries in Europe are Socialist, which is wrong. The funny thing is, it is the right-wing countries that are a substantial amount of those unemployed. Let me give you an example of this: Ireland (my native country) has a right-wing government and is getting poorer by the day, while countries like Sweden are beginning to recover
First and foremost, your measurement is current as opposed over the past 10 years. The US has routinely and consistently had lower unemployment rates for 25 years than Europe, and the 9.2% number you rely upon is inaccurate because it doesn't include, by the UN's own admission, those who no longer with to work in Europe.
Second, Ireland has the largest amount of capital investment in Europe. Eastern Europe is booming and moving away from left-wing ideologies.
Thank you for that. So many political platforms seem based on ignorance of the capitalist system and concept of money supply. I'm starting to think they should teach macroeconomics in grade school bcs so many ppl don't know -- perhaps Schoolhouse Rock shoulda made a video ...
WHYYYY wasn't I a nerdfighter when you were in LaGrange... :(
StaleMilk12 4 days ago
AWWWW he so freaking cute
thewolffromhell66666 2 weeks ago
I think in theory it may work. But what I know is Capitalism has contradictions, it may be a free market, but in reality for the existence of these really really rich people, there has to be poor people. And I'm not a positive enough to think that one day it will totally work, I mean work for EVERYONE. I am as sure that Communism won't do it either. It's just not fair how freaking wealthy some people are, I don't care how much "charity" they do. Capitalism allows that. I pray for a new system.
marythekook 3 weeks ago
@marythekook But people get all that money as a reward for working hard and contributing to the free market. I admit there are cases where it is unfair and it does need regulating but I do think that capitalism is the best system we are likely to develop
IDontTrustSheep 1 week ago
That was the most adorable thing I have ever seen in my entire life.
9499295 4 weeks ago
Puppy Elephant Defends Capitalism? PREVIOUSLY UNSAID SENTENCES.
SaawkRaawk 1 month ago
i successfully took non of that in his little dig Willie is so cute its hard to listen
Shabeckful 1 month ago
Oh, I'm sorry, John were you speaking? I was too busy looking at the puppy-sized elephant
kickassyo16 1 month ago 34
Sarah was roughly six months pregnant in this video; I feel tricked.
Quintinia 1 month ago 4
Comment removed
harrypotterrocks1762 1 month ago in playlist More videos from vlogbrothers
@Quintinia you can almost tell at 2:15 ish with her shadow. it's hard though. also, willie is a westie, right?
harrypotterrocks1762 1 month ago in playlist More videos from vlogbrothers
@harrypotterrocks1762 Indeed.
Quintinia 1 month ago
@Quintinia thank you :D
harrypotterrocks1762 1 month ago
The birthplace of the dooblydoo.
Finally.
All Nerdfighting inside jokes have been uncovered.
ChelsieOliviaa 2 months ago
@ChelsieOliviaa Are they all in the 23 essential nerdfighter videos?
venkat2212 1 month ago
@venkat2212 I have no clue.
ChelsieOliviaa 1 month ago
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OMEAMC 2 months ago
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Hey everybody! If you've gone some time when you're done here, you should come stop by my channel!
You'll find Trock songs, challenge videos, and vlogs there.
Feel free to leave me a challenge or two if you go :)
DFTBA
":)8
(matt smith smiley!)
TheJollynerd 2 months ago
I HAVE A WESTIE TOO, but no elephant costume....must find
irunin2firehydrants 3 months ago 2
dont hear that much...puppy elaphant defends capitalisim...
Muskicks 3 months ago
"Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." - Keynes.
I don't hate capitalism: it is the most dynamic economic system of all history. Nonetheless, it's a system in which capital dominates just about everything. I hope that one day it will be superseded by something better.
MomSaysImCool 3 months ago 5
@MrAlienlovechild Bravo!
MomSaysImCool 3 months ago
Aaaaw soooo adorable!! :I -3
Iyellatrocks 3 months ago
'because it's a loan and they repay me it actually doesn't cost me anything' and it doesn't cost them their dignity either.
Truthless101 4 months ago in playlist More videos from vlogbrothers
YESSSSSS!
He said Doobly doo.
WHEEZYYYY WAIIIITER! *ding*
icywynd 4 months ago in playlist More videos from vlogbrothers
I'm sorry, what were you saying?
*continues to stare at Willy*
Twefrence 4 months ago 2
this video made me happy:) i mean the dog.. i didnt pay a lot of attention to his talking this time XD
smileyskippy13 4 months ago in playlist More videos from vlogbrothers
Henry age 12 brings a friend home...
Friend: why is your dog wearing an elephant costume
Henry: nah my dad must just be in a bad mood
Friend: ??
Talliwa123 4 months ago 6
French the Llama! Look at those puff levels!
unicrazyperson 4 months ago in playlist More videos from vlogbrothers
The difference between loaning money to a friend or through kiva.org and a bank loaning money is that a bank doesn't need an actual $10,000 to loan $10,000 out, a bank can potentially loan out more than 10 times it's actual worth, it creates money that didn't exist before when it needs to float a loan
messyhair42 5 months ago
I've been watching you for hours.
So much so that my first instinct by means of comment is extremely creepy.
I'm writing this pre-watching the video.
I'm sick and tired and you're addicting and I'm Run-On-Sentencey.
Just this once, PFTBA!
The P stands for Please.
sirdoctoroftardis12 5 months ago in playlist More videos from vlogbrothers
@sirdoctoroftardis12 You have dishonoured yourself. *tuts*
KungfuCow5 4 months ago
@KungfuCow5 That comment was made about two hours before I stopped watching.
sirdoctoroftardis12 4 months ago
awww hes so cute
dftbawolf 5 months ago in playlist More videos from vlogbrothers
It's amazing how you only have to mention a charity such as Kiva and then the nerdfighters flock to it. I love nerdfighteria.
ginnyisdacoolest 5 months ago
Willy is so cute that I only heard "WAH WAH WUH WUH WMMM HRRR RRHHM WHRHHH" in the background while I was watching a very cute dog. And very randomly, I heard "Which is why heroine is illegal" and realized it was because there was no more cute dog and so I was paying attention again.
ProgressiveBoink 5 months ago
It seems like you based Alaska off of Sarah.
That is probably the cutest thing I can think of besides....well. Willy.
Or Henry.
zoladzish 5 months ago
that's a lot of yeti
oddrey52 6 months ago
@tunawrangler1 A nerdfighter actually asked John if he would rather have an elephant-sized puppy, or a puppy-sized elephant. He answers in a "Question Tuesday" video that he would rather have a puppy-sized elephant.This was in January 2008, so it was just after Brotherhood 2.0.
MadeofAwesome4ever 6 months ago
i didn't listen to a thing john said until the thing about getting rich on puppy sized elephant costumes and something about heroin because i was distracted by the puppy elephant
funnypets456 6 months ago
kiva.org is such a great thing!! It is absolutely my favourite charity because instead of say giving water or something to a village it helps improve the economy of 3rd world countries which is after all what needs to be changed in order for the decrease of their suck! (run-on enthusiasm)
devonriley415 6 months ago
I needed to look away the second time I watched this...
I kept getting distracted by Willy.
But, the best part is, what he says makes sense!
Aeropop11 6 months ago
@2Bforsaken a nerdfighter is a person that instead of being made out of bones, and organs, and tissue, they're made entirely out of awesome. Go watch the rest of the vlogbrothers videos; you'll catch on.
Vw3216 6 months ago 3
willy got a tailrection!!
thatonekid2013 7 months ago
Can someone please tell me what a nerd fighter is? Thank you
2Bforsaken 7 months ago
I SAW THE YETI!!!
TheRedBeard82 7 months ago
This video is actually one of the resources used for teaching capiralism to Grade 10 Social Studies students at my high school. It was the first time I ever saw a Vlogbrothers video. All of the teachers show it. :)
rainmillr 7 months ago
Puppy sized elephant costumes transfix from leaving homes to work
Heroin transfixes from leaving homes to work
Therefor puppy sized elephants are heroin
GregTess 7 months ago
Does this count as a puppy sized elephant?
bunnysrool 8 months ago
i wish i had seen this yesterday when i had to write an essay explaining capitalism
DrSuckow 8 months ago 4
Can't...not...resist...liking...video!
SuperWho32 8 months ago 2
COMMUNISM ALL THE WAY YAAAAA :)
maluse227 9 months ago 4
Unfortunately the free capitalistic economies become run by corporations and then the economy suddenly isn't so free. It can still seem like it's free because of all the different brands, but they are all owned by one corporation creating fake competition. And don't even get me started on government subsidies.
CentaurusOfLight 9 months ago 3
I FOUND A PICTURE OF THE YETI ONLINE!!!! YAAAAAYYY!!!
pokemonmanic400 9 months ago 26
@pokemonmanic400 Really? Where?
darknight10000 1 month ago 4
@darknight10000 Just google "John Green Sarah Green" ^_^
fantastifical 4 days ago in playlist More videos from vlogbrothers
This comment has received too many negative votes show
Fuck you
DylannnF 10 months ago
We're learning economy in social right now, and I can FINALLY understand this video! Poor Nerdfighter!....poor as in lame as in unable to understand economics ahead of my time
OMGTHERERNONAMESAAGH 11 months ago
Gah Willy was so distracting, I'm sorry John I hardly heard a word you said =P PUPPY SIZED ELEPHANT COSTUMES #FTW ! =D
Twefrence 11 months ago
I also have a Westie. His name is Maxx (after Looking For Alaska) and I am now sewing him a puppysized elephant costume.
MegaBacktalk 11 months ago 3
While organizations like kiva.org do good by providing capital for poor entrepreneurs, the way that they go about it is unacceptable. What you have not mentioned so far in any of these videos about it is the astronomical interest rates included with such loans. They say that since the loans are so small they need to have a high percentage of interest, but why must they profit? All money is provided by site users, plus they take donations. The interest rates thus are exploitative of those in need
LegendShark 1 year ago
@LegendShark You ask, "Why must they profit".... You don't understand what John is talking about here do you? Heck you don't seem to understand how the free market works at all. Interest rates are what make the process possible. If they just took Johns money and made nothing on it then the incentive to do it would not be there. They would also have no money to pay for the management of the company.
stormlifter 10 months ago
@stormlifter Wait, do the donors make money back from their investments? If so, then I'm not brutally irate.
And they would have money to pay for the management of the company: When you donate money to a budding capitalist you are encouraged to donate to help the site run..
But it's charity... the incentive is to help others. You're just feeding into the capitalist money grubbing system that forces you to believe that the only reason that people do anything is to make money. That's disgusting.
LegendShark 10 months ago
@LegendShark There's a lot of evidence to support the fact that lending developing countries money is more effective than giving them money, but that can be a whole different discussion.
Kiva donors don't make money. What you're not accounting for is all of the people facilitating these loans. You can't expect someone to manage these loan groups 365 days a year without getting paid. Money Kiva makes above and beyond that is used to expand their efforts, allowing them to reach more people.
diva9371 10 months ago 2
IT'S THE YETI!
poprocksxxcoke 1 year ago
@poprocksxxcoke The Yeti isn't in this. That's his wife. If you're referring to the puppy, his name is Willy.
mmmmmheyyyy 1 year ago
@mmmmmheyyyy Yes, but it is the Yeti feeding Willy throughout the video. :3 Usually you don't see her this much.
poprocksxxcoke 1 year ago
okay, because i'm a grammar nerdfighter: heroine ≠ heroin. "heroine" = female hero, like buffy. "heroin" = illegal highly addictive drug that a bunch of rock stars have problems with. buffy is not a rock-star-killing drug. hence, i say again, heroines are not heroin. and i'll stop now.
inkblackRose 1 year ago
cute puppy costume= heroine
pbgandie 1 year ago
I have a westie too :) I need to get him a small elephant suit!
JamesGamesMusic 1 year ago
Thats basically why heroine is illegal! hahah also apparently it feels like your naked in a hot tub of puppies!
jack16895 1 year ago
I want a ellephant cosyume for my chiwawa
makaylamoo2222 1 year ago
Oh dear... I really was trying to pay attention! I tried really... awww WILLY!
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gugeyjefanit 1 year ago
Awww he's so adorable! Wait, what were you talking about John?
graybutcolorful 1 year ago
Huzzah for the first vlogbrothers use of Dooblydoo!
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moransylvia 1 year ago
This video doesn't really address any of the problems with capitalism that I worry about, like exploitation of workers, corporate wastefulness and pollution, or the free market's failure to prevent "tragedy of the commons" events (see: fisheries). I'd like to see a video about that someday!
OlleLindestad 1 year ago 3
@OlleLindestad That's why we have governments - to step in and legislate where the market fails.
SirTeeGeeEss 1 year ago
Elephant puppy kills with cuteness!!!!!!
AdamPascalFan1 1 year ago 162
Oh, and yes, the super partisan, left and right does like to call anyone who disagrees with them a "left wing socialist," or a "right wing fascist." Our country is so divided it is sad.
natedaug1 1 year ago
The dog is really cute, and I do think the free market works, it just needs regulation.
natedaug1 1 year ago
I actually had to watch this a few times to get the gist of what John was saying because I kept drifting off and just paying attention to Willy.
transfixing? yes, very.
iheartap72 1 year ago 205
I just put it on mute and watched the puppy!!
beckerbabe95 1 year ago
hey john willy's tail is not limp anymore!?
amatsuki 1 year ago
COME BACK TO COLUMBUS.
occlumencymaster 1 year ago
this is a great video but this is an argument for a market economy,which not necessarily an argument for capitalism. there have beeen and still are lots of market economies that are not exactly capitalist(social democratic market economy, economy of compeating workers co-ops ect ect), and also arguably lots of economies that had capitalists but no real market compitition (facism and if i wanted to be mean the modern american banking system). capitalisim and a market economy arnt the same thing
ultang42 1 year ago 2
I see the Yeti !!!!!
TheJourney34 1 year ago
WOW! At 2:38 you actually updated the new dooblydoo to the current format
Tattas999 1 year ago
it's really difficult to focus on silly issues like capitalism when there are puppies in elephant costumes scampering around.
saimawesome 1 year ago
I did not hear one word that man said. Puppy Elephant is too cute. Win!
Cherrysakura5 1 year ago
Oh my god that kiva website is amazing.
From now on most of the gifts i give people will be gift certificates from that site.
rabbitwho 1 year ago
Terriers are such awesome dogs.
casw265 1 year ago
Willy is adorable, and he seems to be okay with the costume. He has the sweetest face too.
feitocomfruta 1 year ago
Willy is SO cute!!
I found out about Kiva a long long time ago from you guys, and I've lent to two people (one fully paid back, the other almost) and I got my mom Kiva gift certificates for Christmas so she's lent to two people, and I agree that it's a really really awesome website!
P.S. What is aplomb? (from the end of the doobly-do?)
Gaugaukkistonnian 1 year ago
funny thers a dungeons & dragons ad under u and willy :3
dango989 1 year ago
oh right, the renovations are for the baby room.. I just realize it
pete275 2 years ago
This is my favorite video ever!
pippus17 2 years ago
I really can't pay attention to what he's saying with that adorable puppy in an elephant costume!
TheRyanShane 2 years ago
i love your dog so much <3
sharkbait231 2 years ago
John, if you promise to come to Columbus, Ohio on my birthday (October 20th) for the 3rd year in a row, I will be the happiest turning-17-year-old-Nerdfighter in Nerdfighteria that day.
mrslovett78 2 years ago
Gah...meant 2nd year in a row...year knowing fail.
mrslovett78 2 years ago
John: It's a balance between the communist extreme and the capitalist extreme. The fact that we have any regulation at all shows this. So you've argued the point for the free market side of things, and there are great arguments for the socialist side. The question is, which is the best balance? Having lots of experience of America vs Europe, my view is that America is far too extreme in the capitalist direction. You'll never have complete freedom or social fairness... you have to choose a mix.
dwood2001 2 years ago
@dwood2001 Agreed it is a balance between the two extremes.
natedaug1 1 year ago
Ah, capitalism.
Sorry about your basement, but the benefit is that Willy is adorable in his elephant costume.
And yeah, as soon as I have money to loan I'm signing up for Kiva.
regularguy5mb 2 years ago
Dear John,
You have the best goofy analogies for serious topics. Also, I'm so sad I couldn't see you in Columbus. I've been in Ecuador since the beginning of October and now that I'm home I'm watching all the VlogBrothers videos I missed...and now I'm sad that I missed seeing you. Come back soon!!!
twinkletoes121 2 years ago
puppy sized elephnets FTW
ihearttheplanet 2 years ago
I love puppy-elephants
megahappypinkskitty 2 years ago
thank you for defending capitolism. people are starting to scare me with their anti-capitolism attitudes. over time in a socialist economy everone is equal, but everone is equally poor, and over time the country's economy goes down. with capitolism there are dips and booms, but on average the economy goes up
newenglandchick95 2 years ago
"Which is basically why heroin is illegal, but that's another story." So, you don't really believe in capitalism, just a free market for those things you agree with. Hmmm... A really free market would include a free market for property use; for example, I could build an adult bookstore right next to that nice yard you and Bubbles are running around in. What? That would infringe in your use of your property? But what about the free market? Can't I use my property as I want?
kdiabloj1 2 years ago
Front page of YouTube!!!
nymphadora396 2 years ago
This comment has received too many negative votes show
*Cough* capitalist delusion *cough*
Ectoplasm64 2 years ago
Upper middle class white male defending capitalism color me shocked.
xterms123 2 years ago
Capitalism dosnt work because for an economy to keep growing there has to be continueous demand and recources for products.people dont need an infinite number of things and there only a limited amount of recources in the world.
Without growth and profit there is no incentive for business to continue on the market.
RobMcL00 2 years ago
Which means that when your one product is down, then you would need to make a new one to keep it growing. Using the Elephant idea: When people stop buying elephant costumes because they already have one, the person making elephant costumes would need to think of a new idea to keep their business growing, such as lion costumes. In the real world, this creates new inventions and a growth in technology.
baglervb 2 years ago
True, but that will only bring a limited growth to consumer products, not, for example healthcare, where developement is vital. This also leads to people spending more money on consumer products, which leads to inflation and insreased personal borrowing, which then leads into a downturn when prices become too high and many people are unwilling to spend because of their debt.
RobMcL00 2 years ago
Well. then people have to be smart with their money. If someone is borrowing so much that they can't pay it back, then that person has a problem. Though, if people start unwilling to spend their money on a product, then the product will drop in price until people are willing to buy it.
baglervb 2 years ago
There is a problem if banks are allowed to give out 120% mortgages, sometimes to risky customers.
But when product prices drop, the company who makes/sells this product cuts expenses through wage reductions or redundancies, leading more people into the bad debt from a mortgage, for example. This leads into a spiral of banks losing money and not providing loans for businesses which leads to less products being made and less liquidity in the economy.
RobMcL00 2 years ago
That's the problem with the bank. Would you lend your money to someone you know unresponsible? There is a problem with banks giving out that much on risky custormers, I agree to you on that. That's why our country is in this kind of mess.
baglervb 2 years ago
Definetly. Banks need to be properly regulated and its no good to anyone if they're in financial trouble
RobMcL00 2 years ago
Aww, poor doggy,
doglover5643 2 years ago
I'm sorry, I couldn't take you seriously while watching Willy in his puppy elephant costume. I don't think I understood anything you said. XD
xYuriBunny 2 years ago
Honestly John, do you really think I want to pay 99 cents to get your video? I mean, a puppy in a puppy-sized-elephant costume is cute and all..but no 99-cents cute.
theIchthysFish 2 years ago
thats just a new function that youtube is fazing into the site. Its not johns idea, they'll soon be everywhere
lposrggg 2 years ago
So...would the person who posted the video I'm paying for get some of that $.99?
theIchthysFish 2 years ago
If they are a partener. The vlogbrothers are, youtube already pays them. People who arent partenered will not be payed.
lposrggg 2 years ago
poor dog
7991Dude 2 years ago
Hey that's one cute Westie Pup. And he's not even bothered by that elephant outfit. I agree free market and inventiveness works as opposed to waiting around parking lots for a hand out. Nothing is EVER free, much to the chagrin of those that disagree with Capitalism. Hang in there, drain the swamp and get back to those puppy outfits. Thanks for a cute post.
Saltwatercatz 2 years ago
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HallOfFame41 2 years ago
Dude... I just noticed... Your voice gets higher and higher throughout the entire video... XD
Sasha101212 2 years ago
lmfao!!!!!!!
numbnutzz87 2 years ago
OMG!!! I MADE THAT COSTUME!!!! I haven't had internet at my apartment so this was the first time I could watch new videos in a months so I just noticed today. I'm so happy it (sorta) fits Willy. Thanks John for keeping it and showing us what Willy looks like in it!
misssarahgiles 2 years ago
I checked out the kiva website that like independant lending for poorer class of people much like the american banking system in united states does but independant, So what if there buisness folds and and can't pay back the investers, with interest. I guess that's why you need to read there profile lol, I guess if people want to take a 25 dollar gamble. If it worked it would be nice to see that payback.
9winDuDown9 2 years ago
You can only get loans if you got credit, that just minused me from the equation and about half of all american with debt or no credit.
9winDuDown9 2 years ago
God, does this freak realize that no one gives a shit bout what he says? just post videos for the cute puppy and shut the fuck up
remedy4x4 2 years ago
lol thats wat i said!!! i just want that damn dog..... i didnt pay attention to wat he said through out the whole video...
numbnutzz87 2 years ago
wow all i heard was blah blah blah i just saw the cute dog! hes soo cute!
MeggyPrincess101 2 years ago
West Highland white terrier
chickflick2000 2 years ago
Very educational, and hilarious, too.
Amarandh 2 years ago
Cute costume. Butt i think it would be funnier if you left space in the elephant's trunk so it would fit on the tail of the puppy!! Notice that it is about the same size...
KodiWoeDee 2 years ago
What kind is that puppy?
iCakie 2 years ago
OMG.
You're talking way to fast :(
pawzalina 2 years ago
can i buy one of ur puppy costumes? large plzz.i'll give u 15$ :) its so cute! Thnx!
-megablue1990
MegaBlue1990 2 years ago
Labor is what creates the products and services...working on my masters degree in finance I would like to think I know a little something about money and capitalism
punchosanto 2 years ago
Nah. What you tried to do what oversimplify and wrap up your definition of the economy into a idealistic sound byte. Honestly, what you said didn't really mean anything. I'm not even sure what your aim was. Exploitation of labor? I'm sure you were going somewhere with that, just not quite sure where.
Incidentally, you don't have to give me your resume. If you're really the expert you think you are, your words will reflect it. Congrats on pursuing your masters, though.
enderjsvl 2 years ago
tape your mouth to a foot and check regularly in the morning
mappoprimo 2 years ago
John, combining puppies with anything is awesome, but this especially is. I swear, your videos are some of the most educational videos ever. I really wish you were my teacher.
JustPlainAud 2 years ago 25
This comment has received too many negative votes show
shut the fuck up you damn idiot ughhhhhh i almost fell asleep but i couldnt because you were yelling and shit ahhhhhhhhhhhhhhhh
kool207 2 years ago
LOll, i love this =P
deziiwouah 2 years ago 2
Kiva is great idea. But you are forgetting one very important thing. People are giant cheater cheater pumpkin eaters. Capitalism only works well as long as:
1. Information is true and pervasive
2. Workers/Companies compete equally with each other to keep wages/prices at reasonable levels
Unfortunately, when people have an interest in cheating the system they usually do. Whether that's by forming monopolies or by pretending that chopping up risk and dispersing it is safe. We need Regulation
TacticusPrime 2 years ago 13
we dont need regulation, that is not the governments job. There job is to protect our god given rights(not govenrment given) and to enforce the law to protect people. You are forgetting something as well.
1) Absolute power corrupts absolutely
2) the government can not be trusted with that sort of power
3) Similar regulations were enforced by the nazi parrty in facist germany.
I dont want to compare our government to nazi germany but there politics are dangerously close
xXzummiesXx 2 years ago
Who regulates then? If a company builds a factory that releases toxic chemicals into the river, causing millions in health care costs and potentially killing hundreds of people, who makes them pay for it? Not the government? Who?
If the three major producers of product X decide to get together and fix a prices at a certain level to maintain high profits for everyone, who tells them that they can't? Not the government?
All power in every form can corrupt. But some will hold power. Who?
TacticusPrime 2 years ago
This is the most rediculous claim- "we dont need regulation". Haven't you seen what has happened due to a lack of regulation, how the banks have ruined every right-wing country in the world due to a lack of regulation? Another point aswell, apart from Nazi Germany's horrid rascism and expansionism, they managed to bring the country back from when it was practically a third world country, in debt over £6.6 billion (worth around £500 billion today) and with over 6 million people unemployed.
sammymac1798 2 years ago
but at what price did the come out of there depession they lost a lot of freedom. What you are basically saying is that you wouldnt mind the government having the power to take away are freedom. That is ridicolous in itself. Also there was already regulation before hand just not as much. The government played a heavy role in the state the economy is in right now. did you know that he only time the country was not in debt was when andrew jackson was president there was regulation back then
xXzummiesXx 2 years ago
You just dont get it, I LOVE FREEDOM!!! Everyone does, but the point i am making is that if you are poor in a left-wing country, you have more freedom and a better standard of living than if you are poor in a Caplitalist country. It is obvious that your country, your society, has poisoned you against left-wing politics, which is sad :( Try looking at left-wing politics from an informed, non-biased view and you might see that it has some good ideals
sammymac1798 2 years ago
That's simply not true. The poor in left-wing countries are not better off because they lack the incentive to better themselves and bring the standard of living down for everyone else through redistribution of wealth. Bringing everyone down rather than permitting someone to lift themselves up is not a "better standard of living". It's an economic slight of hand where everyone is worse off.
del1000005 2 years ago
And, to prove the incorrectness of your assumption, look at the most left-wing countries that have existed, i.e. the USSR, China, North Korea, and Vietnam. The poor in these communist countries hardly live better than the poor in capitalist countries. These were/are the penultimate left-wing countries that have not only failed, but have reduced their middle class and poor to absolute poverty.
del1000005 2 years ago
you are excluding Sweden, a Socialist country which tops the polls every time for high standards of living and they also have huge amounts of freedom. You Capitalists tend to 'forget' countries like this when you make sweeping statements of how u think ur system is better
sammymac1798 2 years ago
Actually, let's talk about Sweden. The UN reports which rank Sweden as having a high standard of living use factors many Americans, and capitalists, don't consider factors at all, i.e. the availability of universal healthcare, availability of welfare, etc. Of course the US doesn't have the same standard of living because, under our values, the majority don't believe in such programs. You socialists ignore your "leading" countries and try to focus on the "good" ones.
del1000005 2 years ago
You say that things like universal healthcare and availability of welfare don't contribute to high standard of living, yet Sweden has a higher Average life expectancy than the US, so it is your own stupidity that stops you from thinking that they are not important factors
sammymac1798 2 years ago
And there is the typical liberal insult. 1.) it's point of view. I, and most Americans, do not want the government telling us what medical care we can get or should get. Notwithstanding, Americans have longer 5 year survival rates than Europeans from major diseases such as cancer and heart disease, which shows how our system works. We don't live as long, not because of our medical care, but because Americans have different lifestyles (eat worse for the most part, watch more tv, etc.).
del1000005 2 years ago
To be honest, i dont really care anymore, you have obviously closed your mind to any possibility of reviewing Socialism with an unbiased opinion, so why should I even try to help someone who supports a system that is so self-defeating that it has brought the world to its knees with its mistakes
sammymac1798 2 years ago
false i educated myself in these matters and it is the other way around the left wing is piosoning the ignorant. How would you even no you dont even live here so how can you judge. I have looked at these veiws and i have studied them and they are wrong. You see socialism doesnt work. It has been proven in history that it fails. Not only does it fail but it also takes peoples freedoms away. Les look at soviet Russia they did have more freedom or a Good standard for living even in there best days.
xXzummiesXx 2 years ago
You say Socialism doesnt work, even though the biggest Socialist country in the world, China, is not in recession, while the biggest Capitalist country in the worle, the USA, is. Ergo, capitalism doesnt work
sammymac1798 2 years ago
your ignoring the fact that China only started to succeed when the country adopted a semi capitalist system to go along with there socialist. You are also ignoring the fact that millions of people have suffered in China due to there lack of freedom and opression. Socialism fails. im sorry you do not see it
xXzummiesXx 2 years ago
Its funny you should mention that, as the US is only recovering from the recession after left-wing policies have been introduced
sammymac1798 2 years ago
Further, European countries have, historically, had much higher unemployment rates than the US. Why? It's a direct result of socialist policies. With regard to China, they're socially communist, not economically communist. Further, your logic is circular. Under your logic, Europe's economies failed to grow at any significant rates while having high unemployment from the 1990's through the most recent recession. Therefore, under your logic, socialism doesn't work.
del1000005 2 years ago
Actually, the unemployment rate for September 2009 is 9.8% in the USA but Europe has a 9.2% unemployment rate, so your point is false. Secondly, you imply that all countries in Europe are Socialist, which is wrong. The funny thing is, it is the right-wing countries that are a substantial amount of those unemployed. Let me give you an example of this: Ireland (my native country) has a right-wing government and is getting poorer by the day, while countries like Sweden are beginning to recover
sammymac1798 2 years ago
First and foremost, your measurement is current as opposed over the past 10 years. The US has routinely and consistently had lower unemployment rates for 25 years than Europe, and the 9.2% number you rely upon is inaccurate because it doesn't include, by the UN's own admission, those who no longer with to work in Europe.
Second, Ireland has the largest amount of capital investment in Europe. Eastern Europe is booming and moving away from left-wing ideologies.
del1000005 2 years ago
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U are SOOOOO retarded FU*CK u!
ellokote760 2 years ago
Thank you for that. So many political platforms seem based on ignorance of the capitalist system and concept of money supply. I'm starting to think they should teach macroeconomics in grade school bcs so many ppl don't know -- perhaps Schoolhouse Rock shoulda made a video ...
conzatorium 2 years ago 2
that would be awsome
xXzummiesXx 2 years ago
I <3 micro transactions. I recall a fine gentleman winning the Nobel Prize for Economics based on his contributions to micro loans in India.
cowie1337 2 years ago
aww!! Ish a westie!!
helloilikemen 2 years ago
Is he possibly loaning money to Columbians or people from Boliva because he talks so fast that they might be repaying him in coke
DAVIDALBERGO 2 years ago
i almost pet my screen
taken1069 2 years ago