Відео

I appreciate your separation of Marx’s critique of capitalism and communism in the beginning of the video. One might come about communism from the critique of capitalism but communism isn’t strictly the critique of capitalism. I do have to say you were very reductive in a lot of this video and although you are trying to teach the basics your explanations tend to lean away from the fact that these things Marx claims the capitalists do are very natural consequences of the capitalist mode of production.

Adam Smith's Wealth of Nations is in the public domain and can be downloaded from Project Gutenberg and searched. Smith used the word 'invisible' six times but only once as "invisible hand". It is really curious that we hear about 'invisible hand' so much. Smith used the word 'education' EIGHTY TIMES. We are not told that. Search for "and account" and you will find multiple instances of "read, write, and account", not "read, write and arithmetic". Double entry accounting was more than 300 years old when Smith wrote Wealth of Nations, but 50% of Brits were illiterate and public schools did not exist. The United States could have made accounting/finance mandatory in the schools since Sputnik. Wouldn't that have helped everyone best serve their own self interest? But we do not hear these people propagandizing us about the "invisible hand" advocating mandatory accounting because that makes their invisible rip-offs easier. Adam Smith never used the word 'depreciation'. He mentioned paper money being depreciated one time. Marx talked about 'depreciation' a number of times, sometimes regarding the depreciation of machines. Consumers did not buy automobiles and air conditioners and televisions before 1885. But it is OK! Our brilliant economists don't talk about the depreciation of under engineered consumer trash today either.

Marx was born 30 years after Smith died, and rose in response to serfdom, (corrupt mionorchs), where the only two classes were aristocracy and serfs, basically. One thing that's not commonly remembered, today, and something that I think is important to know, is that Marx was a fan of Adam Smith. Smith offered a very balanced, reasoned and equitable alternative to serfdom. it's the only example of Marx's opinions I can back btw.

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The only people who aren't actually workers are the unemployed or the benefit crew as I call them, I'm confused because most Marxists seem to always use them as the crux of the problem with capitalism, so he sets out his stall as workers Vs non workers and yet here we are in the 21st century with millions of non workers all created by capitalism?.

My first thought it is, we're all workers aren't we?.. I mean we all work even billionaires

Over productions create jobs. The problem the poor have is overspending

Awesome intro to Karl Marx 👏

Thank you for this. It seems like it would be a fair introduction to the outlines of Marx's work. Quite balanced and I thank you for that.

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Thanks you for your help

He was working as a Satan appointed and not a God appointed prophet under the guise of a philosopher. He was projecting into a future that was slipping out of his prediction thus the boom in middle class. Except a man is given wisdom of the future by God he has no clue what is to come, cell phones, internet, color television etc. I prophesy to you, that doctrine of the Jew which has haunted civilization and governments worldwide is about to be obliterated and burried by a chosen prophet. Matthew 12:42

THIS IS GREAT VEDIO PLZ NOT TO STOP MAKING THE VEDIOSWHEN SEE YOUR SUBSCRIBERS ITS GIVES ALOT OF INFORMATION T0 OTHER GOD BLESS YOU

you're amazing and i admire ur videos so much

This information is wrong. Smith never used the Invisible Hand metaphor to refer to the free market or competition.

"there are the ones you understand"

You said you were a teacher, you should know you can;t have "unlimited amounts of money."

THIS ISN'T EVEN MY FINAL FORM

good job!

All these views prob from CCH guys

Duh why would you not want to improve??? Of course you want more production and of course you want to thrive. No I don’t agree with reducing wages and upping prices, but I do agree with wanting to expand

thnq you

Thank you for the clear teaching

Very low volume

The overproduction/underconsumption problem isn’t relevant in today’s economy because the middle class has grown tremendously in past decades. If this wasn’t the case then it would be a problem (just like in the 1800s). If companies are “overproducing” then you either expand into new markets if there’s demand for your product. If there’s no demand for your product, then you halt production. There’s no such thing as overproduction because it clearly can’t go on forever.

I wana re update this video in nepal by uploading through my channel and i want your permission Cuz its ur effort and i dont want to ruin your effort

A lot of Marx's theory seems to hinge on the "Overproduction/under-consumption" mechanism, but this is cancelled out by capitalism because if there isn't a demand for the goods then the business owners will not want to make a loss by trying to supply it. Overproduction can be a small issue but it is more of an issue for the businesses than anybody else. This theory reeks of somebody who doesn't know how business works. Oh wait...

Thank you for your effort and great videos! Could you please link related videos to each other (i.e. the part I to this part) keep it up!

you made it so clear.. thank you

many thanks for this great video

Actually back in Marx's time period the wealthy were the the rich nobles/clergy men from feudal times, and the middle class were the Bourgeois private business owners.

thanks a lot

Awesome that you took time to do this. Thank you.

mkay..

Good channel . Informative . Well Done .

Evolution Economy A free open market that evolves thru time is the best working model. Martxism, Socialism or Communism didnt work they tried it and failed. Current world ecocnomy is gobalised its too complex and modern for Martx.

great video!