The Surprising History Behind Monopoly | Doha Debates

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  • Опубліковано 5 жов 2024

КОМЕНТАРІ • 109

  • @nthperson
    @nthperson 3 роки тому +35

    Lizzie Magie was not anti-capitalist; she opposed monopoly privilege. Nor was Henry George anti-capitalist. He believed in the private ownership of tangible, capital goods but argued the case for the community ownership of land.

    • @coolioso808
      @coolioso808 Рік тому

      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?

    • @nthperson
      @nthperson Рік тому +2

      @@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 UA-cam channel if you are interested.
      Edward Dodson

    • @VANRICKELEN
      @VANRICKELEN Рік тому

      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

    • @nthperson
      @nthperson Рік тому

      @@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.

  • @gustavusnicolaus6750
    @gustavusnicolaus6750 4 роки тому +36

    It was not about showing the pitfalls of capitalism. It was about showing the detriments of monopolies, especially on land (or natural resources in general). Henry George, who was the original inspiration for Elizabeth Magie, wanted to show how landlords monopolising rent were detrimental both to the productive power of labour AND capital. For him labour and capital were in symbiosis, while the real "dog in the manger" was the landlord monopolist who withheld (or held for ransom) a vital means of production (land) and provided nothing of benefit to society in return. The failure of modern progressives to understand this is mostly because the importance of land (natural resources) in production has been forgotten - partly through the efforts of those interested in defending the institution of landed property.

    • @insertyourfeelingshere8106
      @insertyourfeelingshere8106 4 роки тому +9

      *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

    • @roro-mm7cc
      @roro-mm7cc 2 роки тому +4

      Monopolies are the result of unregulated free market capitalism.

  • @willreasoner4472
    @willreasoner4472 Рік тому +5

    People who watched this video still all missed the point and they’re just like “Oh, I love monopoly! Charles Darrow was definitely the man who invented that”
    Can the world please just end already

    • @mclohan
      @mclohan Рік тому

      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

  • @eggdescrambler
    @eggdescrambler 3 роки тому +11

    "Laissez-failre capitalism" LOL Yah right. Railroad barrons were getting a big help from the govt. It certainly was not laissez-faire

    • @coolioso808
      @coolioso808 Рік тому

      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.

  • @BrasspineappleProductions
    @BrasspineappleProductions 4 роки тому +42

    The monicle!

    • @BruddaOsasOfTheBoosh
      @BruddaOsasOfTheBoosh 4 роки тому +4

      It bothers me

    • @abztrakt7071
      @abztrakt7071 3 роки тому +5

      @@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 😉

    • @ThatOneReligiousCatholicPerson
      @ThatOneReligiousCatholicPerson 2 роки тому +1

      It does not exist

    • @aussierose9015
      @aussierose9015 2 роки тому

      Yees he always had a monocle I swear

    • @derkonig3035
      @derkonig3035 2 роки тому

      @@ThatOneReligiousCatholicPerson comrade i remember him wearing one 🤔

  • @carissakaisen5264
    @carissakaisen5264 3 роки тому +18

    SO WHATS WITH THE MONICLE?
    HMM

    • @CallmeaFool
      @CallmeaFool 3 роки тому

      It prob wasn’t made at the time.

    • @abztrakt7071
      @abztrakt7071 3 роки тому +1

      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

    • @jewelznmore
      @jewelznmore 2 роки тому

      @@abztrakt7071 YESS and there’s more!

    • @victorabdelmalek7530
      @victorabdelmalek7530 Рік тому

      Mandela effect

  • @mclohan
    @mclohan Рік тому +3

    Sooo……..
    The monopoly man definitely had a monocle?? 😂

  • @mypointofblue5260
    @mypointofblue5260 Рік тому +4

    Very interesting history! Thanks for sharing!

  • @bivicbc
    @bivicbc 3 роки тому +5

    Henry George idea was to give all citizens a share from Land Value Tax. Mentioned by Guy Standing in his book Basic Income and How to Make it Happen.

  • @johnsnow5534
    @johnsnow5534 3 роки тому +15

    She was an anti-monopolist, not an anti-capitalist.

    • @alexanderjavier5237
      @alexanderjavier5237 3 роки тому +4

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

    • @aestheticbeatz5700
      @aestheticbeatz5700 3 роки тому +3

      Capitalism is monopoly.

    • @aestheticbeatz5700
      @aestheticbeatz5700 3 роки тому +1

      @@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.

    • @johnsnow5534
      @johnsnow5534 3 роки тому +2

      @@aestheticbeatz5700 false

    • @alexanderjavier5237
      @alexanderjavier5237 3 роки тому +1

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

  • @IngridGamedev
    @IngridGamedev 3 місяці тому +1

    Amazing video and explanation! More people needs to know about thre truth!

  • @athenaa23
    @athenaa23 Рік тому +3

    they monopolized monopoly :(

  • @zoomed66
    @zoomed66 3 роки тому +4

    The best players are always the greedy ones.

  • @xavierarredondo5489
    @xavierarredondo5489 Рік тому +1

    Dang it Marty you changed the time-line. We need to go back to 1955!

  • @anthonyperno1348
    @anthonyperno1348 5 місяців тому +3

    No monocle!

  • @Sejes89
    @Sejes89 3 роки тому +14

    Why do they make unfettered capitalism and greed sound like it's a thing of the past? Lol

    • @paulberaud-sudreau513
      @paulberaud-sudreau513 3 роки тому

      Help me please

    • @coolioso808
      @coolioso808 Рік тому

      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.

  • @he-pu5rr
    @he-pu5rr 3 роки тому +9

    Amazing video, well done!!!!

  • @TylerDurden42069
    @TylerDurden42069 3 роки тому +15

    I like how capitalism wins again

    • @Liam-pm5hp
      @Liam-pm5hp 2 роки тому +2

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

    • @justing1810
      @justing1810 2 роки тому +2

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

    • @TylerDurden42069
      @TylerDurden42069 2 роки тому +1

      @@justing1810 truly

    • @verZatile_bmotp
      @verZatile_bmotp Рік тому +1

      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

    • @tuneteenth
      @tuneteenth Рік тому

      @@justing1810this is irony

  • @mytvwatchesmelol7287
    @mytvwatchesmelol7287 4 роки тому +4

    Did anyone notice he had one looking Glass eye piece.

  • @JamieRoss-g1e
    @JamieRoss-g1e Місяць тому +1

    0:53 false everyone was getting richer. Which led to increase in population because they weren't starving on the farms.

    • @MrCrabguy
      @MrCrabguy 11 днів тому +1

      Yeah and many of the ”robber barons” of the gilded age actually caused the prices of their respective products to fall significantly.

  • @paulaewaski7507
    @paulaewaski7507 4 роки тому +7

    I didn't know the history of the game until today know wonder I loved the game I used to play it by myself when I was little. It was invented by a woman.

    • @216-i6p
      @216-i6p 4 роки тому +2

      How do you play Monopoly by your self?

    • @trumpeter8201
      @trumpeter8201 4 роки тому +2

      Greyhound216 Durbauree It is possible I used to do it

  • @zirconium2014
    @zirconium2014 3 роки тому +2

    I wanna know the other half of the game

  • @neinnein3972
    @neinnein3972 11 місяців тому +2

    Nice video but you really should have picked horror music instead. Because the second rule set just puts a twist on taxes in capitalism that would prevent booms and busts and the evergrowing suffering caused by them.
    Read about Henry George and why his economics book (!) sold millions (!) in 1879 (!). Read about the 18.6 year cycle and you will understand why "The Landlords Game / Monopoly" becoming a symbol for Predatory Capitalism is one of the biggest ironic jokes in human history.
    It is hidden in plain sight.

  • @Gilbertexbom21
    @Gilbertexbom21 2 роки тому +1

    Great history! Tks!

  • @mccauleywilson3062
    @mccauleywilson3062 3 роки тому +2

    I KNOW somebody has time traveled cuz I know for a FACT that the monopoly guy had a monicle

    • @CallmeaFool
      @CallmeaFool 3 роки тому

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

    • @jcblocka7477
      @jcblocka7477 3 роки тому

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

    • @miloiguessalt
      @miloiguessalt 2 роки тому

      @CryptMan oh god its this person

    • @majorbombas
      @majorbombas 2 роки тому

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

    • @emubird2008
      @emubird2008 2 роки тому +1

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

  • @VANRICKELEN
    @VANRICKELEN Рік тому +3

    I love free markets and capitalism. Let the people be free, we will always take care of the old, the feeble, the poor, the children, the minorities, the immigrates, and support the people who make their own way. Capitalism is the fairest, most just, most equate system ever invented. Glory to the people who make their own way and provide for others.

  • @alfali2320
    @alfali2320 4 роки тому +4

    I always win at monopoly

  • @Gods7000YearTimeline-space
    @Gods7000YearTimeline-space 9 місяців тому +4

    Why does your animated Monopoly Man have a monocle?

    • @KiffJRockka
      @KiffJRockka 8 місяців тому

      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.

  •  4 роки тому +1

    your accent is better than Sherlock Holmes :)

  • @guyonthenet2000
    @guyonthenet2000 4 роки тому

    That one dude has been dethroned

  • @monicaa6345
    @monicaa6345 2 роки тому +2

    Of course it was a woman the invented the game but credit was stolen from her!!!

  • @zacharyoliver5332
    @zacharyoliver5332 3 роки тому +1

    That's not how you pronounce "patient".

  • @scratch3406
    @scratch3406 4 роки тому +18

    This game’s success highlights the beauty of capitalism

    • @elliott257
      @elliott257 3 роки тому +5

      Socialism is when no board games

    • @diazkohen2149
      @diazkohen2149 3 роки тому +1

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

    • @tuneteenth
      @tuneteenth Рік тому

      Success for everyone but the creator. Good Capitalism!

  • @bobberkins2282
    @bobberkins2282 2 роки тому

    Tx :)

  • @islanddoggear
    @islanddoggear Рік тому +2

    She sounds like she wasn’t very good at her own game, or at the game of capitalism. She could have been rich.

  • @paulberaud-sudreau513
    @paulberaud-sudreau513 3 роки тому

    Help please

  • @mahmutcelalmert
    @mahmutcelalmert 2 роки тому

    Elizabeth Magie, the inventor who inspired by Henry George, 1903
    Charles Darrow, reinventor and seller to
    Parker Brothers 1932-1935

  • @dengeki2005
    @dengeki2005 4 роки тому

    I'm the only one who commented.

  • @novelenterprise
    @novelenterprise 2 роки тому +3

    Not to be funny but she literally went against her own beliefs by selling out and allowing herself to be monopolized

  • @Persona1996
    @Persona1996 Рік тому +1

    So Lizzie was a Communist

  • @mjekov
    @mjekov 4 роки тому +2

    Pitfalls of capitalism. What a nonsense..

  • @JB-fk5oq
    @JB-fk5oq 2 роки тому

    Every bit of this is ironic. Anti capitalist creates monopoly. Then sold it for $500. The buyer then millions, 😂

  • @flippydaflip5310
    @flippydaflip5310 Рік тому +3

    Capitalism doesn't have pitfalls - the disasterous situation the capitalists have dumped us into is a feature and not a flaw.