Added: 2 years ago
From: MindofaJedi
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  • @Enyatea72 If you actually watch the video I never once say Capitalism is better or worse than Socialism.

  • you're very reasonable. i applaud you for your reasoning.

  • Capitalism is Unconstitutional. Capitalism's core ideology and only ideology is: Profits before people". Money is more important than a human life. The is not following what Democratic Socialism proposes, which is; "We the People".

  • If you want to merge Socialism with Capitalism, we need to get rid of CEOs, bosses, etc. Every company should be controlled by the employees. Employees vote on what direction the company should go, rules, regulations, and manage the profits and loses as one for all. Everyone makes the same since profits are split equally among every employee.

  • That requires people be educated about more than sports, sex, and iphones though, how ever will we succeed with so many distractions and no belief in ideas?

  • @TheJoker7682 The desire to succeed. Look at Japan before it was introduced to Western Cultures. They took pride in everything they did, to fail was a huge dishonor not only to them selves but to their families. Western culture mediocre is acceptable, and people are not held responsible or to higher standards. Corporations sacrifice safety and quality to make a profit at the expense of their customers and the tax payers.

  • HAHA! A mixture of socialism and capitalism? That makes no sense. You're standing there with a cross behind your head trying to make us think you're rational.

  • We do live in a mixture fo the two.

  • Contradict? THEY EITHER DO OR DON'T. Problems this country has now, partly, because of the socialistic programs that were instituted into the fabric of our government. There's difference in what democracy and capitolism stands for, and socialism. The way our country was set up (by our forefathers) is was what has made us one of the most powerful and influential country in the world. Tampering with it has eroded it away. We must return to our first love. She is who will keep us She always has.

  • @imaginarythings Our country was most prosperous under " liberal socialist " monetary system . Capitalism as we know it in America began in the early 1910s and our government quicikly payed the price and learned their lesson . By the 1940s we understood the importance of preventing monopolies , until Reagan derugulated virtually every industry in the 1980s then 20 years later history repeated itself . All our infrastructure was set in place in the 1800s under liberal socialist banking systems .

  • If you remove the debt-based money and tax'n'spend aspect of credit, then you could do these things without stealing from other people's pockets or borrowing debt to finance a welfare state. Using credit wold work, but it would have to be for specific purposes. It would work for health care and we could issue a dividend to each household to recapitalize the economy.

  • @TheJoker7682 ~There are many possibilities on what can and can't work BUT the Government was not ever meant to and is unable to handle these kinds of things. It ALWAYS ends up the same. FLAT BROKE!!! History is our best teacher here. Socialism is a system of failure and goes thru the same cycle of failure. It prospers at first and then goes broke. Socialism and the unions are out greatest enemies. They are contrary to our way.

  • 0:14 "Why can't we live in a society that is a mixture of the best elements of both systems? Because both are greatly flawed..."

    -You're asking why we can't use that mixed system, you didn't say we are using it now.

    Democracy doesn't aim to promote the welfare of the entire group, only the majority, and it doesn't respect the rights of groups, only the decision of the majority. Democracy isn't freedom, it's tyranny of the majority. You're confusing Democracy for Liberal Democracy

  • What we (the U.S.) have now isn't Capitalism at all, it has aspects of capitalism, but it's not capitalist. (It also has aspects of socialism).

    Your point on Haliburton is completely useless when talking about Capitalism because that's not Capitalism, it's Corporatism.

    This whole video is based on a misunderstanding of what Capitalism is, what the U.S. economy is now, and how a "darwinian" economic system ties into christian morality.

  • @breakinthebend Apparently you did not understand the video , because I stated our society is based on both Capitalist and Socialist idealogy . I stated that more than once in fact . Also , your point about Corporatism vs. Capitalisim is moot as they do not exist with out each other . Corporatism is the end result of Capitalism not a seperate entity . Coporations arise and dominate the market by any means necessary until a few or one corporation is left (ieWal-Mart ) your stuck on economics 101

  • @MindofaJedi You mention it again at 3:09 but all you say is we haven't be doing it well, you don't say we are it now.

    Corporatism is having big business work with the government bureaucrats to guarantee the corporation a monopoly, or an influence over the market that it would not otherwise have without the help of the government. It's not capitalism and it's not an end result of capitalism. It is a wholly different system that exists through private ownership with large government regulation.

  • @MindofaJedi Corporations only exist in a capitalist society when a business offers a good that the society see as beneficial. Why does Wal-Mart exist? Because it provides goods at a quality and price that the consumer is willing to buy. Only after time, and repeated success do businesses grow into something like Wal-Mart.

    I'm stuck in economics 101? I don't think you've taken an economics 101 class, because for one, "food to eat, medicine, shelter" Those are goods, not rights.

  • @breakinthebend Nope Wal-Mart thrives because they use slave labor , child labor ,and bribes to carry out their business at a lower bottom line than legitimate businesses . Not to mention union breaking , fraud , hiring illegal aliens , not paying overtime , cutting benifits for employees etc . Whether a consumer is willing to by something has nothing to do with the point . People buy crack and underage prostitutes daily , are you arguing these are good things because there is a market ?

  • @MindofaJedi Is it good? Whether it is good or not is not the point. In a free society, people should be free to do as they please if they ar willing to bear the costs, so yes, people should be able to have prostitutes and drugs.

    Nobody is forcing those people to work for Wal-Mart, once they leave, they don't have to return to work. And if they are forced to, that's the failure of the government to protect their citizens, not the market.

  • @breakinthebend Capitalism , and your limited understanding of it , is your religion . This is why you make non-points that follow no logic . Like Bible literalists you are blinded by your own propoganda . You have the ability to see these things logically , but are choosing not to see it . There is less evidence that a self-regulating market exists than there is that alien abduction exists . One day you may be able to see the truth , but you aren't ready yet .

  • @MindofaJedi Haha, I'm not the one stating economic liberalism is the cause of the United State's prosperity, then claiming it wasn't laissez-faire capitalism. Here's a clue genius, economic liberalism is laissez-faire capitalism.

    Hong Kong has been one of the most propserious areas in the world up until 1997, when it was given to the PRC. What did Hong Kong have? That's right, laissez-faire capitalism.

  • @MindofaJedi And my limited understanding of it? You mean the correct understanding of it.

    Your whole video is idiotic. For one, if you declare food a right, then you're claiming it should be free. But food is a good, it must be produced by the labor of individuals. Therefore if you are claiming it is a right, then you are claiming a right to my labor. But my labor belongs only to me and those I freely give it to. Therefore food, shelther, healthcare can't be made rights in a free society.

  • @MindofaJedi Viva Comunismo Companero!

  • "food to eat, medicine, shelter" No, they aren't rights, but men fight for the right to obtain those things. They form governments and build businesses and schools and arm themselves. However, when they let someone else control their money, bad things happen no matter how hard they try, they end up being owned, consumed by debt, all because they wouldn't self-govern with each other in mind and for the future.

  • @TheJoker7682 That's a problem created by an individual. Anyways, that problem is worse in socialism because the government controls everyone's money by controlling goods and how people can and cannot spend their money.  The difference is that the government has a monopoly use on legitimized violent force, and a bank does not.

  • When Hallie Berton gets the contract that sort of thing is a breech of protocol. You don't seem to understand capitalism very well. Please go check out ShaneDK's channel. He covers all sorts of points about capitalism that you mention.

  • Then by default those resources will have to be re-distributed to a sector of the economy that can more efficiently use the labor.

  • great video

  • ok talking about sacrificeing food for charity to forgen country in order to give it to the starving is bull roughles 90% of the corn grown in america is used as anamal feed,unneeded food aditivs and now moastley fermented for biofuel because you guys are not competent enough to support healthy electric fuel for cars man if Canada had 300 000 000 people something tells me wed make you guys look like our idiot cousins once removed from the mother country...oh wait a second ;P

  • Good video. Couple comments for you however. How might you go about paying for these social services? If we give food to everyone here in America, how much will we give to third world countries? One could also assume that vast amounts of people will be taking advantage of the programs, i.e. welfare. (Supply and demand) if there is no "price" for these amenities people will no doubt take advantage. Correct?

  • A good question indeed. I have two thoughts on that.

    1. Why do we have to give food away without at least asking something in return? I believe every person has something they can contribute.

    2. People rarely mention the waste that capitalism brings. How many times have you bought something worthless because an advertisement or salesperson made it sound good in the moment?

    Couldn't you have spent that money on something charitable instead?

  • I agree Capitalism can be very wasteful , people have been driving the same cars in Cuba for 50 years and keeping them running . I agree people should be able to contrbute , but the whole "pull yourself up by your bootstraps" mentality is played out . The previous poster asked "won't people take advantage of these amenities " . Food is not an amenity . This argument implies a disbelief in Capitalism in the first place as Capitalism should cause people to work for more and more goods .

  • @aceinyoface100

    I think we need to take care care of just ourselves and not other people in other countries.

    I believe that care-taking,charity starts at home.

  • @fomalhauto I agree mostly , but foreign aid is 1 out ofe every 200 dollars we collect in tax . The military is 50% of our budget . I doubt the help we send Africa for example makes a real dent in our pocket . Obama just approved 400 new fighter jets at 270 millio a piece to be built and increased the military budget 10% over the highest Bush ever had it . We are going bankrupt from expenses like this in my opinion .

  • good video. couple couples for you. How would you go about paying for these social service, higher taxes? If we give these services out freely won't there be vast amounts of people taking advantage of these social services i.e. supply and demand?

  • Yes, good word. I think its necessary to change this world for moral reasons.

    We cant say this world is reasonable, when some have nothing to the point of starvation, due to no fault of their own.

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