The 3-Fold Definition of Capitalism and How You Can Use It to Understand the Economy

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 23

  • @DerekSpeareDSD
    @DerekSpeareDSD Місяць тому +12

    The choice is Capitalism or Democracy. You get one, not both.

    • @MattAngiono
      @MattAngiono Місяць тому

      And ironically, democrats chose capitalism every time

    • @vladserbu1117
      @vladserbu1117 Місяць тому +2

      Completely agree! And I'll take capitalism any day of the week! Democracy always devolves into two wolves and one sheep voting on what's for dinner.

    • @MattAngiono
      @MattAngiono Місяць тому

      @vladserbu1117 meanwhile.... Capitalism is one wolf in a pack of sheep deciding who's for dinner every night.
      This whole concept is a pretty dumb analogy because we're talking about billions of people.
      Democracy at least attempts to spread the power.
      Capitalism actively works to concentrate it.
      That's the whole point. It's in the name... capital!
      By definition, it's meant to exploit someone.

    • @MattAngiono
      @MattAngiono Місяць тому

      @vladserbu1117 that's a pretty poor analogy.
      When people feel part of a community, they are usually willing to compromise for the good of everyone.
      It's the brainwashing and division that makes us lose empathy and judge others so harshly.
      Most people believe in "live and let live"
      Democracy is only needed when there's things that come into conflict.
      And the only other option is to let the few make the choice for the many.
      That's certainly the case with capitalism.
      People with capital are free to exploit the rest of us.
      They control the government too.
      Not sure why you prefer this unless you are very rich... then it must be nice having more power to make decisions and exploit people

    • @CraftyF0X
      @CraftyF0X Місяць тому

      @@vladserbu1117 Meanwhile capitalism always end up fair and just, based on the principle of profit and growth seeking.... kek xD

  • @MattAngiono
    @MattAngiono Місяць тому +4

    Hierarchies even protect themselves through common language.
    An obvious feature of these structures is conspiracy, and yet people low in the hierarchy are perfectly brainwashed into calling honest criticism of the structure "conspiracy theory."
    This term gets pushed by the "elites" and the rest of us end up doing their work for them.
    We simply label things a theory and dismiss real relationships of power as theory, which in many people's minds has come to mean untrue.
    I appreciate your efforts in looking at these terms in new ways!
    The better we understand these structures and systems, the better we can start to dismantle them

  • @stevesmith7839
    @stevesmith7839 Місяць тому +3

    The idea that capitalism runs on "growth" means it runs on expansion, which is also one of the pillars of fascism.

  • @PaulCoelho-n2q
    @PaulCoelho-n2q 24 дні тому +1

    DonaldMusk "belongs" to a network. I quote "belongs" because it is the key word. He is not superhuman; entropy does not fall into his heart to disappear. He is a normal CEO; he is rich because his companies "chose" to make him that way. Shareholders are higher turnover than workers in the base of the corporate hierarchy. You can't fight collectives through collectivism. You have to cut fossil fuel workers loose, and delicense an oil major.

  • @davidwatson7604
    @davidwatson7604 Місяць тому +1

    A comment for Algo boost!

  • @ecoandrei328
    @ecoandrei328 Місяць тому +1

    Bună, Vlad. Cum crezi că ideile de degrowth ar putea să „crească” în condițiile în care, cel puțin aici în România, observ că mulți oameni devin din ce în ce mai individualiști? Poate că acest lucru are legătură cu perioada comunistă, dar se îmbracă într-o nuanță americană, unde transportul public este văzut ca un simbol al comunismului, iar politicienii abuzează de promisiuni, promițând din ce în ce mai multe drumuri și șosele. Nu cred că un politician care ar promite piste de biciclete ar avea șanse să câștige alegerile

    • @VladBunea
      @VladBunea  Місяць тому

      România este într-o situție paradoxală. Pe de o parte este mai aproape de ținte de degrowth (decreștere), pentru că amprenta materială este încă mai mică decât țările mai bogate, iar pe de altă parte mentalitatea este profund reacționară împotriva comunismului și este foarte pro-consumeristă. Degrowth în România se va întâmpla doar forțat de cauze externe, probabil pe linie de UE, poate crize energetice majore, sau crize serioase de forță de muncă. Nu văd cum România ar putea să se reformeze pe cale degrowth doar pe forțe proprii. Încă scriu la un video în limba română unde voi discuta aceste aspecte. Am creat canalul Economia Alternativă în acest scop. Când e gata anunț și aici și la mine pe Instagram.

  • @banurobymusic
    @banurobymusic Місяць тому +3

    what's your take on modern monetary theory

    • @VladBunea
      @VladBunea  Місяць тому +1

      I am for it. I did a video on it.

    • @banurobymusic
      @banurobymusic Місяць тому +1

      @@VladBunea thank you!

  • @bigbarry8343
    @bigbarry8343 Місяць тому

    not sure - these days money is made through cost of living arbitrage or immigration industry. maybe also property speculation and taking advantage of inflation by borrowing wast amount of money.

  • @banurobymusic
    @banurobymusic Місяць тому +1

    1:50 xD