Unemployment on gaming please

I mean I didn't consider the band to be employment because I wasn't really earning any money. I had to teach/tutor all the while and was broke as a joke. But it's still the dream!

@@ProfessorDaveExplains Right on. Dream big!

"certain past Presidents"? Maybe more like damn near every politician we've ever had.

is it just me and was this easy to understand or was it Prof. Dave who made it easy to understand?

Good luck on your exam!

It's called capitalism. And it's cancer.

Hardcore unemployment

Sounds like somethin out of kapital

@@Mae_Dastardly It has nothing to do with any ideology. It's pure reality, unfortunately.

Your explanation talks about why it's not recommended or isn't happening, not impossible. The structural unemployment slides speak to me the most, so I'll use that type for an example. Say everyone is employed. Some people's jobs are to make other human tasks more efficient, and as technology advances, the human is removed from that task. If someone's aim was to stop technology from removing humans from their tasks, one way to do that would be stopping the people that advance this technology from doing their jobs. If those people are not needed, their position would become obsolete, and they would be affected by structural unemployment. Preserving the labor force of one industry in this example would mean putting the humans in the other out of work, since there will be less tasks than people available to do them no matter which way the scale tips. Either employers take on advancements to increase their employees' efficiency, eventually eliminating one or two employees at a time, or inventors are driven out of work. Someone could say that these employees could work alongside the technology, but the only way to keep all of the employees would be to expand the business, and space for expansion is finite. Even if all employees work from home, some of technology's next advancements would be to make the human side of even their work-from-home tasks more efficient, and eventually, fully automated. There won't be room for everyone.

Exactly. It's the reserve army of labour, as Marx correctly noted.

This was correctly noted by Marx in the concept of the reserve army of labor.

Same!! My SST teacher also discussed this in Economics.

Just expanding the breadth of the channel. I still have plenty more science to cover.

@@ProfessorDaveExplains if you were a bettor or a gambler I would love your feedback on the difference. Your explanations make it easy for someone like me to follow. And I learn something along the way.

Not in Europe. They just use fans when it gets hot and put on sweaters when it gets cold. They don't get America's obsession with heating and A/C.

@@BJ-xm6bi Fans and sweaters totally explains the fast growing 7.5 billion euro a year HVAC market in the EU, not even counting refrigeration!🤪

Unless we redesign housing and homes, plumbing and hvac will be some of the last jobs to automat for sure! Especially since people are so opposed to change and entrenched in the idea of “it’s always been this way so it will always be this way”. As foolish as this is, it’s super prevalent and detrimental to us all. As much as things have changed in modern times, so many things really do remain the same, such as our homes, being built on sight with old materials. Plus the way contractors work, which is to build or repair homes in a way that makes future repairs very hard to do, it’s actuality a mentally of “i won’t be the person to do the next repair, so let’s do this the easiest way even if it’s going to fail and require repair in the future, as long as I get paid and the owner thinks it works then it’s a job well done. If you’re in hvac then I’m not telling you about the concept of “F-- the next guy and the homeowner” I’m sure you encounter it daily! I’m a novice but I often terrible repairs that even I can do better with my minimal skills and knowledge… things like exposed coolant lines or ductwork that hang down and take a route that’s longer than needed, poorly sealed plenum. My home should have atleast 1 more return air vent to help distribution… usually I’m told I need to add more vents to pump out more cold air to the warm rooms. 🙄

Professor Dave should teach us sociology. Especially Bourdieu and the habitus is important. I also like Luhmann, but it's not easy.

@@wasanderesalsihrseid He should. Good idea. I would very much like to see more of this. What's your fav books and textbooks?

@@chadliampearcy Well, I didn't read that much yet, though I own the main work of Pierre Bourdieu and Niklas Luhmann(those are difficult to read and also much to read). But I'm thinking very much about the concepts in my head, especially habitus concept and system theory. Habitus is pretty important for things like social inequality between gender, race, class and sociology of knowledge and science. What I don't like are socialbiologists who actually think the social differences of races and gender in our society are a natural order. Which is called biologism(an ideology actually) and some evolutionare biologists tend to such views, which is totally idiotic to think if you know the sociological perspective. Sociology can explain society so much better than biology. The latter is just a whole fallacy.

@@wasanderesalsihrseid Thanks for the recommendations. I will check them out or at least add them to my library. I'm unsure where I stand on the question of which 'social differences' are natural and which are while, 'social'. The most important thing to me is that humans and other animals are not regarded as that different. I take issue with any theory that makes a huge differentiation between us and other animals. Yes, there are things that make us uniquely human, but we are like other animals all the same. Of course I am of belief that 'human races' are fundamentally the same, the social differences are cultural if anything, while the biological differences are things like skin tone and hair and maybe things like disease resistance. We're not very different. I don't believe there would be enough selection pressure for 'real differences'. A 'german' family may be 'smarter' than another 'german' family but somewhere else there would be a 'slav' family just as 'smart'. There are more differences within a race than between races. If Neanderthals were still around I might've begged to differ, but they're all dead. If there were social differences of genders across different societies in humans that would be a social or cultural difference. But if it were among species, it would be quite the question. I tend to think that what may be 'common' may be 'the natural order' allowing for some discrepancies. It may not be just the same. If there are differences in something there's probably not a 'natural order' to it. I think the question is a rather fundamental one in the field of research and we should study a topic with both hypothesizes in mind.

@@chadliampearcy My comment gets deleted the whole time.

Collecting money from rental properties is a legitimate job. Dealing in the black market could be considered employment as well.

@@VitalVampyr What if I'm getting money just from having wealthy parents? Is "unemployed" only a person who doesn't have a job and is actively looking for one?

@@elzbietakowalska6432 The official U.S. definition is "people who are jobless, actively seeking work, and available to take a job". There are plenty of people from the FIRE community (Financial Independence, Retire Early) who retire in their 30s . They do not count as unemployed because they have saved a crap-ton of money and live off interest, dividends, etc...

He seems like someone who has fallen for the global warming hoax (though I hope I'm wrong). If anything, we're headed for another ice age, not a warmer planet.

When you say lies about global warming, do you mean the lies from the oil/coal industry that say global warming is a hoax?

@@BJ-xm6bi I means the lies that claim that humans are responsible for the earth warming, when there isn’t even enough evidence to back it up.

I made an S-corporation for myself so I am self-employed.

The guy is the quintessential know-it-all. Can't stand his type. Master of arrogance.

@@BJ-xm6bi he is sharing what he knows to help others no need to be bitter about that

For disability it's called residual unemployment

@@fatimohishaq2615 Thank Your Soo Much

People don't want work, they want a livable wage.

Life goals

Practically every economic downturn ever has been the result of some kind of disaster (like a plague or war) or from poorly regulated markets overleveraging assets.

The 2008 crash was caused by a de-regulated housing market.

@@Fanon1916 2008 was literally caused by lending laws which forced banks to lend to people with poorer credit on the basis of race, and those bad loans caused market inflation, and ended up being bundled into toxic asset swaps. It's the direct fault of government regulation producing a perverse incentive in the market and then subsequently giving those unscrupulous lenders free money to bail them out of their poo poo kaka mess. It was directly the fault of the government all the way down. Them literally not touching the housing market would've prevented 2008 from occurring, you economically illiterate sheep.

Is there supposed to be a joke in there somewhere?

@@ProfessorDaveExplains cmon Dave…it’s a joke. Not everyone is a Dave Chapelle

Under appreciated and mostly correct

There has to be truth in a joke for it to be funny.

@@ProfessorDaveExplains dude…it’s a common joke that millennials don’t want to work. Just as it’s gen x that live in basements. Hope you are not taking things too seriously. It made me deathly ill and helped form my tolerance of bad humor…after all, it’s the internet