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From: LibertyPen
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  • I'm 26, an tired of trying to explain capitalism to people. Some folks refuse to see that its OK to make a profit if your supplying people with goods they want or need. If it was'nt the best deal around, you'd go elsewhere..and BAM, competitions born. Now, i'm just a high school graduate with no enormous college debt or sense of entitlement..but w/out capitalism,technology would stop. Would you invent the Iphone for a pat on the back? Like big macs?..NO ONE will make them just to see you smile

  • Nice to see how easy it is to form opinion... wander how the toughs about that message are today . Also how often that happen to the current analysis and perceptions. 

  • @Jazzper79 They are trading my mutual *parasitism*. Capitalism is the absence of morals and trading by the synthetic means of commerce. Where we analyze how beneficial it will be ME[very narcissistic too], with complete disregard to the status of all other universal factors. If we cease that state of mind we will not benefit from the system and we are not participating in the system.

  • You get away With lies And corruption when youre in economics!!!long side with Capitalism,wich allows some to get richer and richer and giving the sense of competition to the market...its only a word,cause on real life,only some get rich with this system !!!

  • @MrPutokontact As opposed to socialistic nations in Europe that are flat broke and nobody is rich and they have to go begging to their neighbors to bail them out every couple of months? At least capitalism gives you a shot. Capitalism at it's core is impossible to corrupt because it is only motivated by profit and if people don't want you're product they won't buy from you. The corruption comes entierly from government interferance and corrupt politicians using taxpayer money for their own gains

  • @Wilsontheterrible

    they call themselves socialists but they have capitalist ways,its all about profit just like u said,and its also about debt,and taking others of the market and economy ...like saying,its all about competition,when they erase all competition...its plain to see...im from portugal....and we bankrupt for 2 reasons:1-the international economics(laws etc) and because of corrupt governments and CORPORATION bosses..just like almost everywhere around...

  • @MrPutokontact Your examples only show how prone government and socialism is to failure. Greece is burning and the rest of PIIGS is going south in a hurry and they all had heavy government intervention in public life and economics. Hong Kong and other free market nations, on the other hand, are doing phenomenal. In true capitalism the only way to get rid of a competitor is to do a job better and cheaper than them which means that everybody wins because the best possible person is making the item

  • Uggggghhh... "He agreed to make another trip... a take a lot of the kids out to the picnic..." LOL What a creep. 2:23

  • @tocardx Yeah i laughed at that a bit as well lol

  • @lockdown260 but America chose not to be weak and closed minded and allowed just about EVERYONE to benefit from it. As we do now. Don't let this old age anticommunist propaganda fool you

  • @lockdown260 before they said autocracy was the only way. And that some people might have won/lost. They said democracy wouldn't work. It didn't work in Rome (like socialism in Russia)

  • @lockdown260 the difference between economy and sports is that when you lose in sports you don't lose your life (at least not anymore haha)

  • Elanore really wanted Mr. Brown's weenie.

  • The only thing that dooms Capitalism and Democracy is the fact that people realize that they can "VOTE" themselves benefits from the country's treasury..Then its DOOMED!!

  • dont forget rules and regulations :) free enterprise? think again!

  • Capitalism is parasitism.for someone must lose for another to gain in this market. 20th century propaganda video makes me laugh.

  • @radix756 You are a bit misinformed. When making transactions in the market everyone tends to win (if that are a smart shopper) because the store got what they valued more(money) and the customer got what they valued more(food/misc. stuff).

    As for competition, yes some people lose some win. It's the same way with sports & other games. Are all those "parasitic" as well? Capitalism is the only economic system that works. That's why people use it.

  • @radix756 Actually capitalism is the only system that makes it a win/win situation. Competition makes prices fall and goods and service are better. People are trading by mutual consent.

  • Comment removed

  • All the so called lefties today avoid the competition issue. They think that by regulating businesses into the ground won't effect competition. On the contrary, what they support is exactly what the corporations support too. They think they are hurting corporations, but they are actually giving the corporations just what they want - government protectionism.

  • Now we get our weiners from Congressmen. (ahem)

  • I wish someone had contridicted the "government garentees property" bit. It excudes the government as a agent that taxs property withouty compitition. You can have capitalism without government protectioin or money. Infact without government all you have is captialism. Property is garenteed by force, and the government is simply an entity with a monopoly on force.

  • Too bad this type of education doesn't go well with Union Liberal Teachers ideas.

  • I wonder what this would have looked like in 1911 youtube.

  • That greedy bastard sought profit. Off with his head! Well sell it on EBay at a loss.

  • Eleanor, such a bore.

  • It is basically free enterprise for a profit, but the profit is what you desire to gain from the exchange--it could be money, materials, knowledge, etc. That's why barter systems are capitalistic. Regulation per se is not mutually exclusive with capitalism, because by exchanging, people agree to terms which are de facto regulatory, and they are assumed to be followed, or else the contract is broken. Also, American did NOT start capitalism. That is absurd. Sounds like Cold War propaganda to me.

  • Capitalism is when the government forces everyone to buy health insurance and you get nothing out of it.

  • @cybrotius Government forcing you to participate in commerce = Capitalism?

    Oh boy we're in trouble.

  • Capitalism is the purest democracy ever created and the one with the most power over every aspect of society. Everyone uses their dollars to vote and decide how to utilize resources, how valuable those resources are, and who ultimately gets the products produced. Even the size of your voting power is determined by "the democracy" of the market. You can have as many votes as you want on any given decision, just keep in mind you only have a limit on the total number of votes you can cast.

  • @scrappmutt2 You do know we (US) are NOT a democracy, right?

    Democracy is mob rule.

  • @th86stone Mises and Hayek both used to use the term democracy to apply to markets...think about it...

  • @Audiofalcon7 I understand your point, just not comfortable with the word. Maybe consumer demand, marketplace or better yet consumerism.

    Democracy is one of the things that brought down Rome.

  • @th86stone Everyone who shops at a Walmart votes to keep that Walmart open for another day when they pay at the register. The democracy of the market is not a political one, it's an invisible and natural one. Best part about this form of democracy is it is not based on majority rule, it's based on a persons ability to get more votes for what they produce than the amount of votes they put in to producing it. In other words, profit.

  • @scrappmutt2 Well said! It's also why classical economists referred to their discipline as "Political Economy" for those same reasons you spoke of.

  • You guys are mixing healthy mom and pops honest capitalism with multi national predatory capitalism - corporations .

  • Let's not forget. "Profit" doesn't always mean "Money".

    It may be; knowledge, materials, establishing relationships, a good feeling, ....

    I sometimes do work that looses money but allows me to gain knowledge or establish a relationship. I still profit. Fortunately, we don't have to pay taxes on that... yet. :(

  • I alway's wonder why young woman back in that time look older.

  • Notice this whole discussion revolved around small business owners and private property, it is when large, insensitive to community, reduced competition, corporations get involved that the system gets perverted and corrupt.

  • @th86stone Large corps employ more people, make more money and provide more goods. The help the economy more than anyone else. Reduced competition only happens when 1) the government blocks entry into markets (corporatism) or 2) when a company is naturally better than its competition (ex. walmart).

  • @lockdown260 respectful disagree, corp state has decimated small bus. & local economies. A company has a responsibility to its customers & areas they serve, instead of the bottom line. These errors in disposable employees with inadequate wages & import product(exported jobs)are just now coming back to these tactics. Their customer base is so eroded now, the US is losing its consumer power. Which will spiral out of control, then who will buy all china's junk? This is why the push 4 gobalization.

  • @th86stone Your respect is appreciated & reciprocated. "corp state has decimated small bus" Not as much as you might think. SBs still constitute that vast majority of Bus. in the US.

    "A company... responsibility ...customers ... instead of the bottom line." Well yes & no. While serving customers well is something a bus. is supposed to do, a Bus.'s main purpose is to make money.

    "exported jobs" Factually speaking Bus. who export jobs also employ more americans than Bus's who don't.

  • @lockdown260 "a Bus.'s main purpose is to make money."

    WRONG! The purpose of a business is to produce goods or services. If it does not produce something, it ~earns~ no money. Your perspective in this matter is irrational.

    To sum up:

    Purpose ---> Production ---> Earnings ---> Expenses ---> Profit.

    Don't go putting the horse before the carriage...

  • @DOHC2L No you have it wrong. I have not seen one business (wo)man who's end goal was production for production's sake. If a business is only breaking even(not in an economic since but in a dollar to dollar since) then I doubt (s)he'll want to stay in business to much longer.

    This is why all businesses (that stay in business w/o help) act in their bottom line's best interest.

    Profit is the end game all business not production. That's economics 101 man.

  • Take a look to the right side of your screen...

    Do you see videos "suggested" that include TYT and Zeitgeist???

    How are those crummy channels in anyway related to the awesomeness of Liberty Pen????!

  • CHA-CHING!

    

  • Profit is good. Someone tell Obama.

  • I'm guessing they didn't show this in Obama's muslim school in Indonesia.

  • we need more guys like that around today! great clip.

  • "micro"phones!!! LOL

  • Bloody hell, if only modern American kids were so pro-capitalist.

  • @WizardKing78 Lol they are capitalistic. All of my friends see money and profit as the main goal in life. They almost never focus on other things other than money.

  • @ImAznnn Really? That's a surprise considering the diet of socialist brainwashing they're having rammed down their throats by their leftie teachers and professors.

  • @WizardKing78 In Canada, majority of the students in high school are lured to the business sector.Teachers of here are a bit socialist but not as extreme as you impose them to be as they TRY to teach the students to be less materialistically selfish and contribute to society.

    At the end of the day why is this so wrong?People should be free to follow their own idealistic mindset and pursue their true goals in life as opposed to pursuing their "need" for money.

    Please explain the objectivist logic

  • @ImAznnn Teachers have no right trying to teach their values to students. That's the responsibility of parents. Teachers should teach non-partisan subjects such as maths, science, English.

  • @WizardKing78 I disagree. I think teachers and parents have the same job and that is to teach kids to be free beings because after all kids should be raised into individuals who listen to their own desires.

  • @ImAznnn Well, I disagree with you, simply because strangers should not have the right to teach moral values to a parent's child; morals are subjective and open to interpretation. Given that parents are forced to pay for their children's education, by the extraction of taxes from the wages, at the very least they should reserve the right to impart their own moral principles upon their own children. No stranger should have the right to do that!

  • @WizardKing78 In other word you think that children are properties of their parents? Do they not deserve to be free individuals who listen to themselves instead of others?

    Morals I would say are subjective but they aren't open to interpretation. The concept of what's right and what's wrong should be the same for everybody since everybody follows the same logic. Both parents and teachers should teach them that as well as the importance of listening to themselves.

  • @ImAznnn It's not a question of 'property'. It's simply about the rights of parents. Strangers should no more have the right to impart their own values and beliefs to children than they should to choose the aforementioned children's clothes or school. By the same token, no teacher should have the right to brainwash children with their own political bias.

  • @ImAznnn "Teachers ...TRY to teach the students to be less materialistically selfish..." You've presumed the business sector is amoral ("materialistically selfish").

    "People should be free to follow their own idealistic mindset and pursue their true goals in life..." If so, then why did you say "...as opposed to pursuing their "need" for money." ?

    With all due respect, you are incredibly biased. You mischaracterize people of the business community as insincere in their beliefs & intentions.

  • @DOHC2L Peoples true goals in life are not money based and right now the emphasis on money seems to be blocking people from this truth.

    The way I see it(and its quite evident)is that people in the business community would do anything to gain money nowadays because they see money as the ultimate goal in life.Instead of looking at others as friends they see them as enemies and thats really sad to me since they could be working together as a whole to help improve society rather than destroy it

  • 1948 - the year that everyone was ugly.

  • Now I'm hungry

  • This would never be allowed in school today, it would be considered “offensive” and “culturally biased.”

    Today you learn Socialism and “social justice” Marxism, corporatism and communism, Capitalism is BAD according to the “progressives” who run academia.

  • @espada9 Whenever a large country has outside and private control of it's currency is it capitalism, AT ALL?

    How could it be when the private parties can 1) take the enormous wealth from mortgages and tilt the economic playing field as they've done recently with gold and silver AND 2) bring down the economy, as needed, then use capital from 1) to buy depressed property/corporations?

    We have a PONZY scheme.

  • @espada9

    So , you against a corporations ? Corporations are not created by capitalism ? Do you even understand all systems you mentioned ?

  • @espada9  ugh...public schools have to go

  • @espada9 I just had the same thoughts.....

  • @espada9 They aren't progressive, they want to lead us into stagnation or worse.

  • @espada9 I agree, the Cultural Marxism in our "progressive society" is so sickening that it´s taking an groase ideological twist before fact and reality is even thought of. Sadly they are no brainchildren in the economic sector, only in the cultural one. Because in economics you deal with reality, in the cultural sector you can always get away with lies and childish idealism.

  • Gee golly!

  • great

  • This was kinda fun.

  • Nice find. Thanks

  • We needed Weenies - Mr Brown had Weenies!

  • @cyberlibertarian 1:53 We needed Weenies - Mr Brown had Weenies!

  • @LibertarianChristian We needed Weenies-Mr Brown had Weenies!

  • You know if Eddie Haskel was in this video he would be a socialist.lol.

  • this is awesome!

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