Any economic model is subject to flaws and corruption. Corruption, that is people, is the main problem with any economic model. However, it is clear that some are more inherently resistant to corruption than others. So many things depend on the people behaving in a fair and just manner.

thank you! -other's YT videos on this subject were just all over the place & not usable. THIS video is helpful. 🙏

Excited to see you still making content, keep up the good work!

I feel like every single concept, notion, practice, ideal, program, and really everything, has busts and booms.

Really loving your videos and I am getting myself more into them. While watching this video about Capitalism I was also writing some details that have been stated from this video and it has gave me some well informative stuff about this economic ideology. Thank you and I will be looking forward for more excellent content from you in the future.

Never stop putting out cool videos like this!

Great content. Thanks for the video! The best social format ever. Attention, I didn't write the perfect one but the best one between those social formats that exist until 2024.

Loved it❤ you’re so hardworking

Outstanding 🔥🔥🔥

Well illustrated

Nice ! 👍

excelent video!!

this taught me better than my school

very good video, clear explanation

something that I find interesting is that the Boom and Bust Cycle is usually caused by more and more government interference in the market. Every time the government interferes in the market, it creates a bubble like the recent housing markets and the ones in the 2010s that eventually burst causing instability. The same can be said for the great depression where the government kept subsidizing the banking industry and promoting the early stock exchange.

Id like to see a video about WHY each part of kapitalism is - the reasoning for each topic of it

Grade 9 in Saskatoon says we like the drawings! It was very quick, but it stuck. The drawings made the information easier to understand. Bravo!😍🤩🤪😶‍🌫

Great video!

An addition is that our economy has slowly become less capitalistic one law and policy at a time ever since the gold standard was removed. If you don't like todays system then you have and issue with something like "techno feudalistic corporatism" that's slowly eating the capitalism base its sitting on. Really though the fact that its takin this long (few lifetimes) for corruption to drive it down and the fact that politicians had to erode at it to do this is a real testament to good a system it was while we had it.

Wow , amezing presentation 😊....

There is a large misunderstanding about capitalism where it is confused with corporatism. Capitalism is in fact an absence of system/control. The individuals have a natural right to have ownership/sovereignity/authority/power over their own life, works/trade/business, and property. Any violation of this right is the very definition of what a crime actually is and also what slavery means. Under capitalism the individuals has the right to decide for themselves who they will associate with, interact with, do business with, and decide on what terms and conditions that should happen on. And its the natural Law that will be enforced by a free market of competent professionals with a high level of integrity who will enforce the Law by protecting the individuals Natural Right. What we are under today is corporatism which is a collective form of thinking.

The most important aspect is not violating people's rights.

Nice work man

New sub❤

Can't forget about things like the reserve army of labor - which actively prevents job creation; outdated ip laws - which incentive gatekeeping research and innovation forcing redundant labor; things like discrimination being reinforced and reinforcing the system - which strangles innovation; the fact that nothing profitable ever gets done unless done by government or small communities/organizations - for example the government made the smart phone and the internet; the fact that not everything good is profitable and not everything profitable is good - such as discrimination, workers rights violations, ignoring externalities such as food waste, union busting, climate denial - to be non-profitable is to be non-competitive, and to be non-competitive makes you an at-risk company, so when most companies make extra profit by paying their non-white workers less, the company that isn't is no longer competitive and has to pick up the slack, potentially needed to compromise their morals or risk going out of business. You see capitalism doesn't give anybody great freedoms, rather it binds all of us to obey the intricate system of Capital, business owners act in their best interests to keep their businesses running, and workers act in their best interest to pay rent, and all of this means the majority of people are going to suffer to give a minority extreme economic and political power. Also although Capitalism is supposed to work based off the successful reinvesting their wealth into the economy, those people don't have to, and can even choose not to - which is called a capital strike - and is useful for when the government does stuff those rich people don't like - displaying how even without paying money to government officials, the rich can still effectively control legislation and other political decisions.

Good stuff

I read somewhere that Adam Smith said the capitalism would fail if there isn’t discipline which I fear that is happening in the U.S. I haven’t read his book so I’m not sure if it’s really written anywhere.

Vive La Bourse !!!

Marx's philosophy is a little bit misrepresented here. He didn't argue that workers would revolt against the system, he argued that its demise was inevitable due to its very design.

You see before capitalism, most laborers owned and controlled their own labor or were part of a guild that each laborer owned and controlled. Now all the ownership and control is in the hands of the investors, leaving each laborer pracically slaves to Investors.

Two things can be true at once. Capitalism causes economic growth. Capitalism also exploits the poor and causes inequality. It apprears that the Governments role if using the laissez-faire approach is to ensure low cost means of production. Eg, ensures that the working class societies remain destabilized.

Thank youu

No matter what it’s just people exploiting other people

good job bro

Are you able to do one about Distributism? I like the way you explain things

I wish you were my school teacher. I would have paid attention more. 👍

The positive and negative about the capitalistic system we play in without thinking. I heard on the news about a female who just out of a Uber car because they was going the wrong way, that the driver refuse to answer her, when she told the person they not going the right way. If we look at the direction capitalistic lifestyles are going, that the majority setting around watching it, and not saying anything. Every wrong turn they can see, every pot hole they can feel, and every accident they are in, but still set around like nothing is going on. What is a capitalistic system? Some think it is the way we see it, in how it designed us to play, in the irresponsible way. Ignoring all the things that brings a negative reaction on the economy we watching every day. Where the greedy takes the lead to bring forth our day in how we all should play. Ignoring how it bring forth setback to the economy, we call inflations, recessions ways. See it so easy to see when a person moving in the opposite way from the negative economy way. Who trying to seek out for a better way, but it is also so easy to force them to change direction, and for them to go back in the negative way. That just the capitalistic way to buy them off from going the opposite way. See a good capitalistic system educate the people to move forward together towards the future. The bad capitalistic system shows the people how to be like crabs, working together to hold each other down. That we see all kinds of groups love working with the negative capitalistic system to fill their pockets up. Who mind only can see nothing but one kind, is why we never see a change into anything they put down, just a lot of sounds. No one really want to get out of the place they complain all the time about. Just think about the decades, and centuries they been passing on the same things to the next generation. Not a solution, but just a complaint. If every nation we see that have rose to greatness, we know it were not from complaints, or setting on our ass praying to our Creator for a better day. All the things we do that some think is right, add up to fall in line with the negative way, by seeing how it set the country back as we fall in the recession way every time, and still have nothing to say.

Give me power and ill fix everything

Please do a video on Distributism.

Capitalism is the best system we have.

Capitalism is internally contradictory because different groups & classes in capitalist societies have conflicting selfish goals & interests.

Can you make a video about conservatism?

"welfare capitalism" is just another term for mixed economy. Pure capitalism is at its core Laissez-faire. This is why it is incorrect to refer to the U.S. as a capitalist economy, as laissez-faire does not exist except for in some very small areas of society. It's important for people to understand that blaming "capitalism" for problems they see in current society is by definition false blame.

Exactamente

1:50

Well, I've realized that whether the economic system is,there will always be poverty and inequality between people,even despite the fact how good socialism is.

I love Capitalism ❤❤

The drawings / visuals in the beginning were useless. You basically read a text book definition of capitalism and drew some figures that took longer to understand than the speed of the video. Anyway good job, I don't think I could make a better video.

She sells seashells on the seashore

The things people describe as cons of capitalism are actually the result of government intervention for the most part.

Free to own property mean mean they don't have to follow government rules about business and don't have to pay tax????? Please do aswer Any example of company formed beacuse of capilitilsm...

3:10

Under said defintion, capitalism would be synonym of anarcho-capitalism :T

We are broken😮

Max was right now we have 1%

It is not selfish you have to think of and create something ppl want so it is not about just your own interests that is false

Both Adam Smith and Karl Marx are correct about capitalism, it can be either. Capitalism left to it's own devices eventually falls into monopolies and tyranny, the full restriction of capitalism stops growth, freedom, quality of life, and de-incentivizes progress. Like a nuclear reactor, capitalism is incredibly powerful and efficient, but naturally unstable without proper guidance and infrastructure. We're currently heading towards a melt down because of poor guidance.

I think I like capitalism than socialism becoz it promote hard work if only there will be agencies that will properly regulate the activities of a capitalist from having an economic instability

So, in other words, it's a different word for entrepreneurship 😂

Mixedism❤❤❤❤❤❤

How come the people who work are poor, and those who own businesses are allowed to buy politicians?

The best economic system, it's even better when the goveement doesn't have their hand in the game.

What if private companies cut jobs using ai

Capitalism is psychological .... very few know that.

Capitalism limits productivity because it requires certain levels of profitability (usually through productiveness) from every employee. This blocks inefficient proletarians from capital, leading to empty storefronts and uncultivated land.

capitalism and inequality. capitalism in its truest form, grants the individual the greatest number of opportunities - simply by way of expanding enterprises. a non-capitalist society has no expanding enterprise(s), because everything/everyone is owned by the state - like serfs. you see the latter in Russia, in particular, and now China, under Xi. capitalism and monopoly. when monopolies form in a capitalist society, inefficiency tends to creep in, high-bureaucratic-staff costs, (such as those found in federal government, which is public, but same concept applies here - entitlements aplenty) and prices rise - which encourages outside competition to take a slice of the profit margin by entering the market. capitalism and environmental impact. this is true of a material-wealth driven society. and human-kind's ignorance and selfishness. capitalism might find a way to convert that pollution into meaningful product. an example might be synthetic hydro-carbons, recycled plastics, recycled cardboard... capitalism and financial crisis. boom & bust. this is a product of government getting greedy with taxation and spending, more than the economy can carry; high interest rates and high government spending occur simultaneously. lower government spending, lower interest rates, lower taxes is the solution. social safety net. in a capitalist society, which prizes the skill of its labor-force, private enterprise may offer pensions and health insurance...as a means to keep its most talented/skilled laborers. as opposed to public safety net that pay for everyone, and tax only those in the private sector (since the private sector is really where the nation's wealth originates)...raising the costs for everyone, via taxes/inflation. capitalism and commodification. when healthcare is for profit, the unscrupulous will price-gouge the individual...same can be true where there is a limited talent pool in any private occupation. demand overwhelms supply. reduce barriers to entry for supply. allow for an open grading system - it can be private. but here, i believe the individual should be allowed to sue for price-gouging. we live in a pacifist nation...that's got to change.

Karl Marx is set to become right with his prediction. 🇺🇸

Income inequality exists everywhere. Kim Jong Un is 1,000,000x richer than the 2nd richest person in NK. The issue with saying youre exploited is, youre agreeing to work there. You can get paid 50 an hour and say youre exploited.

Most comment sections have right wing people saying that there has been a lot of deaths under socialism, but this comment section has figured out about the uno reverse card.

Capitalism leaves people behind in favor of profit

Capitalism is good on paper but it depends on the leader to much

3:00-4:00 was the most factual & relatable part . All the rest is already availaible on the internet or agenda driven organizations.

Everything is capitalism....

Everyone cannot own businesses and therefore, poverty will increase

There is no such thing as the "perfect economic system" but at least Capitalism has been shown to lift more people out of poverty than any other, whereas all forms of Collectivism result in subjugation of the masses to an all powerful government.

Capitalism is invented by the Dutch Calvinists in the 17th century. They said that your place in heaven in granted by God and you can not earn it, it is given. So you don't have to take care of your fellow humans, but praise and thank God. The others have to take of themselves. That is the base of American capitalism, take care of yourself.

So, our tax bill is socialistic but being a shareholder is capitalism. American's should be "shareholders" in our govt. On 4-15 we should be earning profit, having to pay or buying the privilege of being a so-called Capitalism is just wrong to me. There are plenty of ways govt services can be paid for by those it services. If we shareholders build a road it's up to those who aren't shareholders to pay for it, but NOT through taxes but rather user fees. Just my humble opinion and observation. Taxing is something the King used to do as well as socialistic nations do. Share's in the USA should be able to be earned. Serve in the military, get some share's. Participating in our govt either by voting or serving citizens earns some share's and so on....

"My object in life is to dethrone God and destroy Capitalism!" -Karl Marx

The biggest problem of Capitalism is wealth and power is falling into the hands of a small number of people who generally have little concern for the welfare of the mass of the people on the planet. Capitalism will solve world poverty does sound ridiculous. The Economist magazine ranks American democracy always in the late twenties of efficient world democratic governments. Consumerism, a vital aspect of Capitalism, has ruined the eco system of the planet. Making things that dont last and constantly want replacing. By advertising and marketing creating a need for a product that is not really needed, eg fashion; making unhealthy products attractive like smoking, sugar filled drinks etc; creating false and untrue and unfair criticisms of societies, say China, with a modified form of Capitalism which has been so successful for them. American style Capitalism has created an unhealthy obese violent poorly educated society which specialises in overthrowing governments not in favour of their style of Capitalism and similarly fighting wars on an enormous scale to try and totally inappropriately install their version of Capitalism on them. Could some aspects of Capitalism and Communism be combined and a superior system of government be established.

Crony Capitalism is when politicians get involved.

so after watching some ideology vids it feels more like it's corruption that's the problem

I believe that free markets can be great and capitalism is not. Those are not contradictory statements, for the record.

"Allah condemns exploitation, and He blesses charities. Allah does not love any disbelieving sinner." Quran 2:276 With Islam no inflation and no poverty

I would rather have a welfare capitalism if i could choose. I think South Africa, my country, has that in working. But the welfare amount that pays out is a joke.

too much capital comes with its own problems

Capitalism is the best economical system. If your skill is in demand, you’ll be wealthy. Get what you’re worth. On the other hand, I wouldn’t want to share the weight of my hard earned capital to someone who slow jerks in his mom’s basement

People who defend capitalism needs to be put in the streets like in downtown LA with all the homeless people.

So great video as usual. Political opinion below. In my opinion, Capitalism is bad. Capitalism only attracts progressivism. Also pure capitalism abuses workers. This is my opinion based off of my personal experience.

Is it really capitalism when some of the biggest and most profitable businesses require tax subsidies and giant tax breaks to make those profits?

Ignorance abounds.

Excess capitalism should be dismanteled

Capitalism aka the best all around economic system for all!

Italy Communism be like: Capitalism's wet dream of rich wealth

Well let's see the cons: - Income inequality: Not a problem really, poverty is a problem, inequality is not. Equality is a mathematical concept which makes no sense when applied to people, no two persons are equal. - Exploitation: the marxist idea of exploitation relies on objective value theories, and value is obviously not objective, so marxist exploitation doesn't exist. - Environmental impact: the search for profits motivates efficiency, efficiency motivates the use of as little energy and materials as possible, and this leads to less contamination per production unit. -Economic cycles: This is a complex theme, but many great economists like Mises and Hayek believe this cycles to be caused by artificially low interests for the credit of central banks, so it would be a con of government intervention, and not capitalism.

Capitalism>>>

Oh ! so I’m an anti capitalist 😅

I'm favoured $130k every 4 weeks! I now have a good house and can afford anything and also support my family

WWJC (which would Jesus choose )

😡😡😡😡😡😡😡😡😡

I've never heard a valid argument in favor of capitalism. Proponents of capitalism only every try to implement gaslighting and/or logical fallacies. Really. To really address modern American capitalism, we legit need to address the #NPD epedemic. But.. ******under the circumstances*****, im actually a bit a capitalist myself. But why the fuck can't we have a healthy conversation about those shitty circumstances for real???