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JBS Overview of America, Part 3 (of 4)

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Uploaded by on Jul 27, 2007

The definition of "capital" as a basic term in this tutorial. The difference between so-called "capitalist" societies and communist societies where people are considered capital (property) of the state in the latter. In Part 3, the discussion turns to these systems and frames them in terms of "Monopolistic, state-controlled" and "Competitive, Free Enterprise" means of production. Which one is compatible with which form of government? Which form of government and what type of economic system do we want to keep?

That decision is covered in Part 4.

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Uploader Comments (vedicwarrior)

  • it's this type of ridiculous propaganda that has everyone so misinformed right now. really sad.

  • @GingerbreadMan996 - Do you mean this video? To what "ridiculous propaganda" are you referring? What form of government did the founding fathers give us - so that we wouldn't continue with the British "mercantilist" fascism?

  • @vedicwarrior no your right the "founding fathers" had it all right. they never did anything wrong, they never said anything wrong, they never wrote anything wrong. so you have your god now, go worship accordingly.

  • @GingerbreadMan996 - I never said they were perfect, nor did I say that I worshipped them as Gods. If you're not going to say - specifically - what you have problem with, STFU. Don't pretend to be this wiser, more intelligent being when you can't state any specifics. I bet you've never read the Constitution, or having read it, couldn't "get your head around it". I love you guys who think you know better a better system than that outlined by our Constitution, which defines our legit govt.

Top Comments

  • Excellent video. All school children should see this, but our Federal Dept of Education would never allow it.

    Ron Paul is the answer. Vote Ron Paul in 2008!

  • Great video! Thank you!

    Ron Paul 2008!

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All Comments (47)

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  • @mycatsmama The Federal Department of Education is UNCONSTITUTIONAL. But most Americans don't know this as they are victims of public education. If Americans knew how the Constitution limits government, they would vote out the criminals who are destroying freedom.

    I agree, RON PAUL in 2012!

  • This guy is really good at explaining things!

  • @mycatsmama I show it to my students anyways...

  • @mikepalomino That's what it's all about man

  • I apologize then if I was needlessly contentious - to be honest I did lose track of just what it was we were discussing - I mean, because it is YouTube I expect to have a scrap or two here and there :)

  • Well, I'm not a Marxist or an expert on Karl Marx so I don't take issue with the video. I was never arguing that socialism and communism were the same. But they are subsets of each other. So there are certain aspects of both that intersect. Thats the only reason I use them somewhat interchangeably. Fair enough, they're not the same.

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