The circular flow
Рет қаралды 213,586
11 жыл бұрынSelected for the Pariscience Festival on June 8, 2013 in Paris
Follow the flow, sometimes unexpected, of the money spent by Miss Pink to buy a can of peas in a supermarket! From Miss Pink to Mr. Gino, through the company Orditop, from the company to the State to the employees, the bank, shareholders, etc.: a seemingly complex flow explained in a simple and humorous way.
Source: Banque de France - Cité de l'Économie et de la Monnaie, in partnership with Universcience (This film was presented in 2013 at the exhibition "All you need to know about economics" At the Cité des sciences).
@Fritz_GG 3 жыл бұрын
ive been using this video for 3yrs as an example. thanks sir :) probably my class is among the top viewers of this video
@primejaydenwasop4911 Жыл бұрын
It aint
@BeckyRehorn 9 жыл бұрын
LOVED this video :) I always relate to the creative rather than the mundane - Thank you for helping the circular flow become visually appealing and conceptually understood!
@reasonerenlightened2456 3 жыл бұрын
The entire model is a lie. ==========< There is the owner and the employee.>========== Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself. The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'. The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula. (Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties') Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws. Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
@HeyitsCalifornia 8 жыл бұрын
Sounds like the voice from "The Stanley Parable."
@xxxstubiguyxxx 6 жыл бұрын
This is an awsome explenation. Thank you so Much!!!
@freddiemercury2075 2 жыл бұрын
This video is too good. Thumbs up
@sumedikanishadi3388 Жыл бұрын
Thank you so much,, now I understood about circular income flow very well ❤️
@geraintrees5060 7 жыл бұрын
this video is just the best video ive seen
@jugglingisgreat 7 жыл бұрын
That was excellent.
@al-hanoufa.s3996 7 жыл бұрын
You are awesome Thank you for your video it's help me a lot ❤❤❤
@misslove9980 Жыл бұрын
omg i'm learning about this is hass and now I know the answers to my upcoming test :O
@WijthaGayan 3 жыл бұрын
Great job
@glebkhachatryan242 8 жыл бұрын
But what about a diagram for this? I have seen one but didnt quite understand it.
@utahbutimtaller12 7 жыл бұрын
this is like Neil DeGrasse Tyson narrating economics in a Morgan Freeman voice
@unixrel419 3 жыл бұрын
Mr. Flannery sent us
@user-FiveAlive Жыл бұрын
Loved this, helped me understand! But the voiceover sounds a lot like the Narrator from TSP and I just love that.
@memmara3489 5 жыл бұрын
Amazing
@faithfortune5303 3 ай бұрын
summerization on point!
@jennybui112 4 жыл бұрын
your voice is so..idk.. it just makes me want to learn..i wish u were my teacher
@jameseldridge3445 Жыл бұрын
The money you spend at the supermarket goes to the supermarket, not the supplier. The supermarket pays the supplier for merchandise beforehand.
@riles4105 Жыл бұрын
this video is fire
@yashtakle1369 4 ай бұрын
Explained a concept that takes half an hour at school in less than 5 mins......Amazing
@drevil530 5 жыл бұрын
I just found this. Now, the world made sense!!! We are living in a simulator!
@abhinavabhinav5795 Жыл бұрын
My teacher send the link of this video to our class 🌝🌝
@isaiesa 2 жыл бұрын
thanks
@krishnendubanerjee3431 7 жыл бұрын
the understanding was clear, but a diagram could've helped. Thanks a lot though.
@reasonerenlightened2456 3 жыл бұрын
The entire model is a lie. ==========< There is the owner and the employee.>========== Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself. The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'. The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula. (Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties') Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws. Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
@radicalraidz5268 3 жыл бұрын
@@reasonerenlightened2456 Yeah well capitalism is a lie as well
@JV-im8zy 3 жыл бұрын
Lmao
@surajpandey586 13 сағат бұрын
Nice
@aaronvalerio19 7 жыл бұрын
Now I know how to bring down the system. Lol!
@reasonerenlightened2456 3 жыл бұрын
The entire model is a lie. ==========< There is the owner and the employee.>========== Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself. The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'. The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula. (Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties') Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws. Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
@cimpo327 3 жыл бұрын
@@reasonerenlightened2456 The Owner EARNS the profit for investing in the bussines, in the machines to make that product possible, in you as a worker and besides these, for the risk that he took for this bussines. If you would be able to make that product home for a less price then it would be fine for your consumption but a bussines company helps also the state/economy growing by paying taxes besides the product price.
@reasonerenlightened2456 3 жыл бұрын
@@cimpo327 Ultimately a business is a thing designed to extract profit from the human lifeforce.
@sara69xd 2 жыл бұрын
Got the logic after a while
@zibu7446 3 жыл бұрын
yep
@11c-sagubanjohnmelrics.95 3 жыл бұрын
nice vid
@Gary-cc8oe 6 жыл бұрын
LOL GREAT !
@dmcmusiclover2995 3 жыл бұрын
You’re using colors for surnames?!
@aliciajolley519 3 жыл бұрын
Haha! I didn't even notice until you pointed that out.
@alibahimalik3007 Жыл бұрын
wow
@coor2001 2 жыл бұрын
التدفق الدائري للدخل
@l4auu_ 4 жыл бұрын
tHANKS, tomorrow is my economics exam
@sara69xd 2 жыл бұрын
Did you pass the exam?
@nakenake27 2 жыл бұрын
@@sara69xd I guess we will neber know
@JYEATES08 2 жыл бұрын
Thx, now im going to pass my exam
@Ellie_37 2 жыл бұрын
I really want to like it but there's too much "sound" for me it's jarring :/ I know, I'm sensitive, sorry. But I'll upvote for the good visuals!
@edthabeast2359 Ай бұрын
forced to watch this ins school. Not terrible.
@RyanZ225_PC Жыл бұрын
circl'
@saroona.swesra6434 9 жыл бұрын
Funny 😜
@Alcatrazz77 8 жыл бұрын
📣 dANk 😱👌 🐸 mEmES 🐸 oMG xDD📣
@rylantronolone8726 2 жыл бұрын
bruh why mrs N’zi make me watch this🤷🏼♂️
@khayampeta6876 2 жыл бұрын
Im dead 🤣🤣🤣🤣🤣 This video is poes kak🤣🤣
@hawraa7932 3 жыл бұрын
This guys voice sounds like the narrator from Peppa Pig
@mimvines2122 5 жыл бұрын
good nive okay -_-
@vezzy2k650 4 жыл бұрын
Reply to this comment if your teacher made you watch this!
@MOON-mk3by 3 жыл бұрын
Teacher want me to say what i understood from this video, tell me what can i say if u know !?
@heem2000 3 жыл бұрын
Me too
@danielagonzalez4199 2 жыл бұрын
a
@anandthegamer4196 3 жыл бұрын
Ha kaso hooo 12c valo comment karena :-)
@anandthegamer4196 3 жыл бұрын
Time barbaad kar rahe ho jaaake padho
@suvanmaheshwari3121 2 жыл бұрын
Ez
@M4gicMark 8 жыл бұрын
GDP GDP GDP ALL THE WAY CPI CPI CPI
@ddigwell 8 жыл бұрын
Too busy.
@carljohnson4473 3 жыл бұрын
Looks like an child’s cartoon
@jennyfertig6783 4 жыл бұрын
Anybody else here for school
@montserratestevezramirez833 4 жыл бұрын
Me
@reasonerenlightened2456 3 жыл бұрын
The entire model is a lie. ==========< There is the owner and the employee.>========== Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself. The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'. The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula. (Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties') Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws. Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
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