Lemonade Stand Economics - Greed or Envy?

Does capitalism promote greed or are its critics envious? A lesson at this lemonade stand helps a critic see things differently. Tell us your opinion and watch the other Lemonade Stand Economics videos at http://www.bit.ly/VirtuesOfCapitalism. To learn more: Read The Virtues of Capitalism by Scott Rae and Austin Hill

Category:

News & Politics

Tags:

• socialism definition
• capitalism a love story
• capitalism vs socialism
• greedy
• greed corp
• Capitalism
• economics
• free enterprise
• tea party
• sean hannity
• glenn beck
• austin hill
• greed
• generosity

[Donnelly525]

I learned more in this video than in a full semester of Mr. Jarrett's econ class.

[VirtuesOfCapitalism]

@Donnelly525 LOL Good for you. Not so good for Mr. Jarrett.

[riseingstardust]

Pretty lame example girls--The creation of artificial scarcity is a common capitolism tool--In short it is make as much as you can exploit from people--the crap has to go--Put up an example of reality versus some dream of it

[DionAFields]

Put it this way if Missy has the only lemonade in town. Then SCREW LUCY if she won't pay someone else will. So if the system works like illustrated? How come diamonds are still worth money? Oh one person owns the majority of them. Thats fair you buy crap at extorted prices. SO if this principle works what happened with diamonds? Greed rules and ya know it. Don't sell this lie you evil bastards. Its evil to lie about the free market and call it good when its based on greed.

[DionAFields]

Oh that works IF ONCE AGAIN.  You didn't buy up all the other lemonade stands in town pass laws to make it so no one else can produce lemonade. Then send your gang of thugs out either Mafia or Police to make sure no one else made lemonade stands. People have to drink something though? I guess if they ain't willing to drink water all the time with your monopoly or oligopoly they will pay your extortion. extortion is the ultimate goal of every capitalist. GREED.

[summercures2]

HaHa I love this. Capitalism is simple and logical. It's also very natural.

[MrConservative608]

I happened to have a capitalist economics teacher in college and one of the first things I learned was customers set prices (i.e. if Walmart had 25,000 Snoopy clocks and was selling them for $75/each and 6 months later they had 24,998 Snoopy clocks in inventory, they would lower the price). This video captured that concept beautifully.

[xxVanillateaxxx]

She took you're cup. xD

[amper0003]

@RustyTBone69 I'll tell you what, dear Mr. Professor:

A less than a midiocre astrophysicist can EASYLY turn himself into a political "scientist"

Yet even the Shiniest Star of the Galaxy of "Political".. "science".. (like you for instance) will NEVER.. ever - have a chance to crawl up to the level of an undergrad astrophysicist..

p.s. A short "politico-astrophysical" question for you, Your Excellence:

Global Warmings at Jupiter, Saturn.. are these aslo "antropogenic" events?

Спасибо!

[amper0003]

@RustyTBone69 The Vladimir Lenin's famous coin "the useful idiots" should be very familiar to you, Mr. Professor.

A question for you: Who did he call (and righteously so) the "useful idiots", and why?

The bonus question for you as an expert in the murky fields of noble science of politology:

What, dear Mr. Professor, happened to the bulk majority of the "useful idiots" brethren of yours, after the Glorious Great October Socialist Revolution of 1917 took place?