*Forgive my paragraph structuring or lack there of:* Monopolies are the pitfall of capitalism Magie tried to showcase. Inevitable result of unregulated capitalism is monopolies forming within markets, these monopolies hypothetically would buy each other eventually leading to the collapse of capitalism. Post industrial capitalism is founded upon the idea that competition will lead to innovation, monopolies and monopoly like entities like oligopolies break this system by controlling the majority of a market allows them to profit through undercutting emerging competition as opposed to innovating more than their competitors. Example would be the candy bar industry, the dozens supposedly competing companies are all owned by the 1 or 2 companies, predictably there has been little innovation throughout the candy bar industry and prices have been steadily rising while manufacturing costs have been lowering Regulations on capitalism such "Monopoly Busters" (where companies that control 2% or greater of their respective market are broken into unrelated competing companies) exist to ensure companies are rewarded for innovating as that is the ideal capitalism is founded upon. 2% is an apparent guideline as companies like amazon controls 80% of the eCommerce market

Monopolies are the result of unregulated free market capitalism.

Ok, what about Albert Einstein, Hellen Keller, Dr. Martin Luther King Jr., Jacque Fresco, R. Buckminster Fuller, Eugene Debs, and the list goes on? Were the anti-capitalist or not? And what if they were anti-capitalist, they have rational, logical reasons to be anti-capitalist since structurally capitalism is unjust, unhealthy and unsustainable. Are we not supposed to expose and criticized flawed systems and expect better?

@@coolioso808 How Lizzie or Henry George would respond is that what was described by Marx and other writers as "capitalism" was in reality a system of socio-political arrangements and institutions brought into being by those who held power in order to protect their monopoly privileges. The agrarian landlordism of the pre-industrial era was never replaced; landlordism was extended as agricultural became commercial, as production of goods became the province of large and growing monopolistic enterprises, and as the financial sector similarly evolved. Monopoly is, from this perspective, the primary systemic problem to be eliminated. As access to nature is the birthright of all persons equally, the ideal means of granting individuals access to and control over nature is not by government mandate (i.e. under state socialism) but by competitive bidding for a leasehold interest (i.e., under market forces). So, yes, there is much that needs to be changed if we are to have truly just societies, with just laws justly enforced. What is interesting about most of the critics of the status quo you list above is that they were to some extent influenced by their reading of Henry George's works. Einstein's correspondence indicates that he read George and agreed with many of George's observations and conclusions. King quoted Henry George in his final book. Last year I gave a series of lectures on the history of the exchanges between proponents of Henry George's analysis and those of Marx and other socialists. The lectures are recorded and available on my personal KZfaq channel if you are interested. Edward Dodson

You didn't actually watch the video. It says. She was a "staunch" anti Californinist....wait... I mean anti capitalist. ( sorry my bad, typo). This lady was a very left communist,(like most them are) her whole goal was to show the " bad ways of capitalism " .... but in which showed the best ways of capitalism by cooperation, free trade, individual negotiations between parties, exempt from tyrannical leftist communist governments. Excessive taxation, and all the other pitfalls of natzi leftist communist people's. Freedom for you from government, Freedom for me from government

@@VANRICKELEN Lizzie was an anti-monopolist. The system she opposed was the system that resulted in the redistribution of wealth from its producers to monopolists and other privileged individuals.

It bothers me

@@BruddaOsasOfTheBoosh You saying you never remember him with a monocle?????? Coz to me he always had one, this is a Mandela effect hahaha you and me are from 2 different parallel universes 😉

It does not exist

Yees he always had a monocle I swear

@@ThatOneReligiousCatholicPerson comrade i remember him wearing one 🤔

I learned something new! But yea people will believe whatever they want unfortunately. Anyway I just came to see if her version had a monocle because there’s been a bunch of people arguing over whether he ever had one or not! Like parallel universe/timelines conspiracies

It prob wasn’t made at the time.

Carissa many many ppl VIVIDLY remember him always having a monocle, I remember even as a kid he has a monocle, I woke up on the 16th June 2016 and suddenly history says he never had one, depaite I remember he did. NOT misremembering, it's a mandela effect

@@abztrakt7071 YESS and there’s more!

Mandela effect

That damn government always getting in the way of businesses trying to freely maximize their profit through competitive advantage over others in a near zero sum game of assured poverty, slavery, war and destruction of life support systems on Earth.

Best players are always Capitalist mentally 🇺🇸

Exactly I think that’s what people confuse all the time I agree with free market capitalism not monopolies

Capitalism is monopoly.

@@alexanderjavier5237 what the fuck do you think happens in a free market?...monopolies are apart of free market capitalism dumb shit. Don't be stupid. It's reality its already happened, it's been getting worse for years. Bro you are on the wrong side, if you're anti-monopoly.

@@aestheticbeatz5700 false

@@aestheticbeatz5700 false and also brush up on the language low life you’re not looking to smart aside from being wrong already.

Help me please

Maybe they falsely hoped we had learned our lessons from that past, accepted that market capitalism was a structurally unsustainable and violent system and we had the technology to create abundance and freely ensure people's basic needs are met without labor-for-income exploitation and oppression - but we didn't.

My TV watchesme lol it’s a monocle..

Yeah but u can still look out if it duh

MR PAINT did u get my message

They change him

How do you play Monopoly by your self?

Greyhound216 Durbauree It is possible I used to do it

It was prob removed but added back or it wasn’t made at the time

He Never did, and you can't prove he did.

@CryptMan oh god its this person

@@jcblocka7477 real one didn't. Knock offs did. Confusion comes from that, since knockoffs were as popular as og.

I used to get the monopoly guy and the pringle guy mixed up

Because he used to have one, in the early 90s I played monopoly every wednesday at a friends' house (little tournaments of different board games), and he did have a monocle. Probably just the aliens who are doing stuff on this planet that makes our reality change 🤣 Same with britney spears having that clip in red suit wearing a microphone and earpiece, but when you look it up now you won't find any mic or earpiece in that clip, or the fact she wore a braid skirt in her first clip (baby hit me one more time) but if you look it up now it's a black skirt which doesnt even make sense in a school back then.

I didnt like it and you wouldnt too if you grow up

Capitalism always wins in the end. It rewards value creation.

@@justing1810 truly

Capitalism is slavery on steroids. 1. It forces you to work for food, water and shelter (basic human needs). Tell your kids they can not get food, water or shelter until they get a job and they will lock you up. (Physical Slavery and Mental Slavery) 2. Capitalism also mines you for your creativity then calls it their own. It's called business. Work 50 years for a drug company to cure cancer... Guess what, that's the drug companies cure not yours! (Creative/Mental Slavery) But since you and the rest of us are born into this system we are indoctrinated, programmed. groomed to believe that this is the how life is, this is the best we can do. (Chattel Slavery - Your parents were indoctrinated into the system then you were automatically born a slave by default) So you being happy that "capitalism wins again" is an enslaved human being not realizing that they are enslaved. But that is the point of capitalism. So... yes capitalism wins again

@@justing1810this is irony

she said patent nor patient.

It’s patent stop trying to sound smart

Socialism is when no board games

@@elliott257 And Communism is when evil Stalin doesn't let you play😎

Success for everyone but the creator. Good Capitalism!

Lol they all so always stupid