Capitalism vs. socialism Town Hall | Part 3
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- Опубліковано 18 жов 2024
- FOX Business’ Kennedy, The New Voice CEO Herman Cain, Bianca Cunningham of NYC Democratic Socialists of America, “Capitalism’s Crisis Deepens” author Richard Wolff answer questions from a live studio audience about capitalist and socialist policies.
Watch Part 1 here: • Capitalism vs. Sociali...
Watch Part 2 here: • Capitalism vs. Sociali...
Watch Part 4 here: • Capitalism vs. sociali...
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Wow, they invite Richard Wolff on and they are terrified to hear him talk, they are terrified to engage with him.
They cut him off as fast as they can
The "Kennedy" chick was the worst too, wouldn't let him talk at all.
Ain't nobody terrified of this socialist fool
@@TheMattMercy She's noisy because she's an empty vessel. Deep down, she's very shallow.
@@alexharrison9340 Right? Name should have been Reagan, woulda been more appropriate.
This could do without the smug children in the background. And more Richard Wolff with less of him getting interrupted by less intelligent individuals.
That ( so called ) moderator keeps interrupting Dr. Wolff ! ! ! Gee....I wonder why...not. I'd like to see him interrupt JUST ONE of the FAR RIGHT guests he has on....JUST ONCE! ! !
Richard Wolff was too intelligent to be a part of this segment
Hahahahaha
True
Richard is a socialist fool and so is the lady that is head of the democratic socialist party. THE WORKERS DONT CREATE THE WEALTH . IT IS THE BOARD OF DIRECTORS WHO DO THE DAILY PLANNING OF WHO TO SELL TO AND SET UP THE ADVERTISING AND WHERE AND HOW TO DISTRIBUTE THE PRODUCT. THE WORKER DIDN'T INVEST ANY MONEY TO GET THE COMPANY GOIN . IF THE COMPANY GOES BANKRUPT, THE INVESTORS PAY THE ENORMOUS DOWNSIDE TO THEIR CREDITORS . THE WORKER GETS TO WALK AWAY WITH NO OBLIGATION TO PAY ANYTHING. THE WORKERS WANT TO SHARE THE WEALTH AND NOT TAKE ANY RESPONSIBILITY IF THE COMPANY GOES UNDER.
Like a god amongst mortals
The kennedy chick added literally nothing of substance to this convo.
She showed a libertarian side and she showed what reality is. She showed what socialism is. Forcing people into something.
Boris D from a historical point of view, socialist countries led totalitarians governments. With capitalism (it has flaws) but in us and canada you arent force into a job. You can quit whenever you want. You can also argue that you work for other people a lot more under a socialist country.
@@borisd4397 This is basic argument. You don't need socialism ever. The guy who hired you invested in his company. If it goes bankrupt you just leave. He has risk while you don't have any. You are also nothing without the materials provided by them. This is absurd to work for someone else. Under socialist law you also work for people who spends hours at the hospital for no reason. Thats also why canada and some european countries have 12 hours of wait in hospitals.
What you need is liberals to come in with liberalism when things get out of hands. You don't need socialism, ever.
@@borisd4397 Also i wouldnt undermine initial investments and risks when you start a company. There's also a lot of investments after the start.
@@borisd4397 Ok so you like totalitarian government ? I most certainly don't and that's what the west discovered that we're based on the individuals not a government.
A philosophy major shouting over an ivy league educated master in economics ... sigh. Wolff has some ideas worth LISTENING to.
Kennedy, aka, LOOK AT ME!!! LOOK AT ME!!!
She champions 'freedom' and a free exchange of ideas, but can't stop shouting down people she disagrees with and stifling debate. HI-larious.
Why did this debate invite Richard to attend when you didn't want him to speak?
This show the biased of the host toward Mr. Richard or his socialism ideology.
I don't agree with Wolf, but I appreciate his reasonable presentation style of stating his points. He's someone I would love to debate with, and I'll honestly consider his points on future interviews. Kennedy was very rude interrupting him, and should STFU IMO.
She's a libertarian. It's her freedom to be a biased hack and advocate for less freedom for others. Hence why libertarianism is a dangerous ideal
"IMO" LOL opinions are like buttholes...
@@bellwatchdog337 Yes but some are less foul than others 😉
Her facts are incorrect, too. People aren't living as long as they used to for instance.
Ryan S yeah by like .6 of a year and that’s mainly because we are overly feed in the US. Obesity greatly affects the life of a person. Look it up. Also she butted in because he wouldn’t stop side stepping the question and she wanted to make it clear what the question was and what the only logical answer can be. No one is going to willingly give up a majority of their wealth so that everyone can be “equal”, More like equally poor. Equity is better than equality when it comes to the economy because some people are just plain better than others in the workplace.
They interrupt Richard Wolff all the time
@@bamboozled1618 u cant quote something someone didnt say lol
u socialists love to put words in other ppls mouths and invent ur own definitions
"Feudal lords (and their holdovers) took land by force and then forced people to work for a wage."
lol the feudal era was centuries before capitalism and didnt exist in the US
"It was readily accepted in the beginning, but the labor theory of value was too much for the capitalist to swallow, so they shifted the narrative to "free markets" and "utility" theory of value."
lol u have no idea about history
free market economies came long before capitalism
"They are not interested in well researched debate."
well researched like urself? lol
richard
Richard tells us how to get people to accept socialism but not apply it. And the US has to catch up with the socialist countries? Give me a break. And yes both Kennedy and Wolff are rude people.
@@bamboozled1618 "And, who said anything about free markets?"
"It was readily accepted in the beginning, but the labor theory of value was too much for the capitalist to swallow, so they shifted the narrative to "free markets" and "utility" theory of value." this is me quoting u again
cuz somehow u missed it in my first comment lol?
"Capitalism has been around for a few hundred, and I didn't specify the US, I was referring more to Europe where capitalism was first born."
so then the problem is u conflating the problems with agrarian capitalism with modern capitalism
by claiming that modern capitalism is about force
"Kennedy won't STFU...typical libertarian..."taxes are theft, government is force, blah, blah, blah. She might want to take a look at how capitalism began...by force."
there are vast differences between agrarian capitalism, mercantilism, industrial capitalism, and our modern version
"What, are you expecting citations in a UA-cam comment section?"
yes i am
i have to do it cuz ppl tend to ignore not only what i said but what they said
@@bamboozled1618 "I'm sorry you can't seem to comprehend what I wrote."
no i comprehended just fine
u attempted to conflate agrarian capitalism with modern day capitalism
by claiming that feudal lords and the rich are the same
but ur problem is the rich are not who govern us
those are the ppl we vote for
" I never said it hasn't, but the roots of where it came from is clear. "
from the word capital?
which has nothing to do with feudal lords or classes
How many people do they need to combat Richard Wolff who has one hand tied behind his back ! ! ! ?
One quip derailed him completely. "By force." She's right that's there's no way to do it otherwise, which is why all the socialists dodged the question of how it is implemented. Richard Wolff should have explained why the arguments against socialism were wrong rather than give us a substanceless history lesson about capitalist opinions on socialism.
@@grawss Rofl by force? Explain why force is needed to ensure that workers are compensated fairly for their work, to ensure that schools don't put people into massive debt and to help people have access to healthcare?
@@theconqueror1111 You're using the "begging the question" fallacy. Force is needed to do it YOUR way because nobody wants it. If socialism works, do it voluntarily.
@@grawss You need to do more research. M4A is supported by the people 70% 49% by republicans. Net support for single-payer health care rose 9 points between February and March...That's from your...Nobody wants it message. Now to pass it, Is a easy question, You elect people who support it...Look up on justice democrats they support it. Almost every major country have M4A we don't have it because the government from both parties are owned by big drug companies.
@@Dm-lx1jt Those numbers are not considering any actual bill. When asked when people support universal healthcare, people say they like it because it sounds good. But then when you ask them about the specific bill, nobody wants it. Free candy for life sounds good until you realize what you have to sacrifice.
Plus it costs way more money. None of those countries actually reduced their costs from prior to universal healthcare, so there's no evidence we would reduce costs either.
Wish this was longer. Maybe next time it can be a 2 hour debate, so that ideas can fully be talked about.
Right wing talking point script doesn't go that long.
just search on Richard Wolff. he has a lot of talks and debates talking about these diferences
That Kennedy chick is so irritating!!
Anoop B
Most libertarians are. They are utopian and interrupt facts with their ideology.
This is an extraordinary opportunity to listen and learn. But to be really effective, this should have been done long-form.
Audre, I agree with you! This topic is about as polarizing as it gets, but I can't imagine a subject more in need of a national discussion. And, I like the choice of Charles Payne as moderator. He did not inject himself and his bias into the picture. I admit that I wanted him to advance my perspective. The fact that he didn't side with either point of view, however, made the debate credible. We're not used to journalism these days. Any frustration with Charles Payne, in my opinion, is due to our desire for him to be biased toward a particular point of view. He wasn't. He showed integrity. If only we had more "Journalists" today.
this is a terrible opportunity to listen and learn. Neither side has enough time to lay out why they think their side is better because they jump from one person to another. When someone finally speaks they realize they don't have much time to speak so it just comes down to generalized assumptions, personal attacks and mud slinging.
It's really not that big of a deal
@@rosalynkaplan8756 Not sure which system you prefer, but whether we agree on that or not, Charles Payne showed incredible bias and is absolutely not a journalist
These debates are pointless because they don’t give enough time for nuanced answers to nuanced questions. When Richard wolf began to explain in-depth his positions they cut him off and moved on. Where as people can get off quick sound bites that fit the Fox News framework where viewers won’t go and actually look into what is said just sound bites.
Bring back Professor Richard Wolff!
You can really tell fox is actually terrified, Professor Wolfe got completely overtalked in the middle of his speaking all program long
exactly. and they call that democracy. lol.
If that was true, why would they invite him to begin with
The girl in red always changes the subject and will not answer the questions.
Because it's not about facts and science , they are all about sympathy inducing , virtue signalling.
But it's always " Do as I say , not as I do"
They can't motivate people for their cause unless they are slandering, villifying , and putting out lying propaganda against people who simply are capable and work hard. Lol
max welner AMEN!
Libertarians always gush about freedom and liberty while saying to gut government and allow free market to reign.
However, when they say less government, they mean less democracy. Less one person, one vote.
When they say free markets, they mean money power, which is not as equal as one person, one vote. It puts power in the hands of money. Oligarchic power. This is why when the ussr became Russia, it went from the second world to the third world, right back to where it was 100 years ago, with oligarchs.
But to sell that to Americans, you drape that in talk of freedom and liberty. This is why within one sentence, libertarians are talking.... freedom and liberty.
Richard Wolff's wheel house is how to transition to worker owned co-ops so of course they didn't let him speak on it!
He had the opportunity at the end and should have taken it! Very disappointing that he did not.
Richard Wolff is the only economist here. Let him speak!
“...mAnY pEoPLe aRe sTaRVinG...”
Why not start distributing contents of your fridge instead of eating them all by yourself?
She steals their lunch then blames capitalism lol
"Haha, I don't understand these issues so I just make fun of whoever is saying the bad stuff".
Pathetic.
Conservatives are so terrified of letting people ponder the idea of socialism😂. They are scared that the ruling class will lose its power. They wouldn’t let Richard get a single word in without interruption.
They always skip the questions "How do you pay for it."
Didn't you know? You tax the top 1%. That's always the answer to any question. It doesn't matter, if you tax them at 100% and you still can't pay for it. It sounds good to those who are lazy and/or stupid.
Severely cut the defense budget, and all social programs and huge increases in infrastructure payments can be affordable again. We don't need a permanent War Economy.
Michael Bartus The social programs are more costly than the defense budget already. The problem with socialism is there is never enough money to afford all the programs socialists want. This is why socialism always fails. There are too many on the wagon and not enough people pulling the wagon. Socialism incentives people to stop pulling and get up and ride. Socialism is a horrible idea.
how do you pay for all the wars?
John Doe Tax the top 1%?
That woman with the glasses really needs to learn some manners.
Does it bother you that she is more intelligent than the Socialist?
@@timglover8328 the one with the glasses is not a socialist the stupid one in red is.
That’s a classic right winger tactic ....talk LOUD & over the other person as much as possible....
@@donpatesel7868 It bothers me that she's rude. She needs a smack!
@@annabelablue I see you suffer from psychological transference.
Capitalism and stupidity killed Herman Cain.
I wish Herman Cain was in the administration.
Ken Perenyi me too!!!!!!
You remember his sick chicken ad in the 2008 campaign.
Exactly, I think these responses are from ignorance and they either don't know or forgot about that clown....
He was nominated to be a governor on the board of the Federal Reserve but he got shut down
Idk who that loud woman was who was interrupting, but she needed to STFU
Forcing the strong to carry the lazy.....got it...
That's capitalism in action.
@@RuneForumwalker No in capitalism the lazy can be fired and have been. The problem is government/union intervention. Sometimes a legitimate review is due but more often NOT. Under socialism if you don't have a job you get money for existing. UBI .Some disabled deserve assistance and those displaced by economic conditions deserve compensation.
Nope. Under capitalism the value created by your labor is stolen by the lazy class that doesn't work (those who own the business or any type of property).
Muuro what are you smoking??...
@Steve Austin, The people who work the agricultural fields are not lazy and they are poor. The Capitalist system is corrupt that's why we are a Debt Slave Society. This is why we pay $1500 dollars for a pill that cost 5 dollars to make, that's good old Capitalism.
This is just a horrible one sided debate ON FOX BUSINESS! What a surprise it goes that way
You can tell they’re scared to challenge Richard lol
Three episodes in and it's clear the professor is being avoided probably because he makes more sense and presents the better arguments.
Yes $150/hour so I can pay $5000 for a salad at McDonald’s.
No.. what she means is you can work for McDonald's and make 8 an hour OR you can get a better job and make $150 an hour. Its a choice. Walmart and McDonald's is never going to be a high price job.. If you want better, go get a better job!
mary jane Aren’t they talking about minimum wage? Left is saying raise to $15/hour. Right is saying why stop at $15 ? Go all the way to $150 and see what happens to businesses.
Good logic, i gues gona make sandwiche my self then
kai89tracid I don’t have a solid solution but raising minimum wage doesn’t seem to do anything but raise prices of goods and services faster than inflation alone.
@@yagotta1 They will buy a robot to accomplish the job, as they have been doing in Washington state.
The format of this "debate" is just awful, no wonder podcasts and other long form talking shows have become so popular, this format is awful, all you get is sound bites, incomplete answers etc..
Capitalism you have a dog for a pet. Socialism you eat your dog for food.
Andy Minter I agree. That was one of AOC’s” because Americans walk their pets. Not eat them.
They make less than 30k because they dont work to their full potential. Then they could afford an emergency hospital bill. And half the work force doesn't encompass those who are at the height of their careers. Also affordable emergency arguments can be due to careless spending behaviors not income inequality
@@Johnsuccess17 yes.
@Matthew Sanders Are we going to ignore those peoples poor decisions that put them in the place they are? Personal Accountability and Responsibility for your choices, AKA freedom.
@Andy Minter South Korea is a Capitalist country that eats dogs. Checkmate.
This Pr. Richard Wolff is the example of why our young people are brainwashed about socialism at the universities. He misrepresents it, intentionally or sincerely, but he does not understand what true socialism is. Neither does he understand what capitalism is. I came from the most socialist country Soviet Russia. I know how it feels to live in the socialist system. God forbid! Unfortunately, with all due respect to Charles Paine he made big mistake by not formulating the basic differences between Capitalism and Socialism. As a result, the ensuing discussion has no benchmark and it is pointless. He should have explained that Socialism cancels ALL private property, nationalises all means of production that belong now to nobody from now on, but to the nameless government of appointed bureaucrats who appropriate the industrial profit. Then in order to defend this theft of national wealth this government makes the legal system depended on its whim. No more independent justice. Further, in order to defend this injustice ALL dissenters in Media, in Press, in Art are suppressed and persecuted. No more freedom of expression. Only arrests, prisons, dictatorship of few over the nation. Then, shortage of food, medicine, of everything. Again, the ruling nomenclatura unleashes lies about the real crisis. After that, the dictators start an aggressive foreign policy: wars.. Is that what American Socialists want? Also, Scandinavian countries are NOT Socialists. They are capitalist countries with general social programs and huge taxes in order to support these programs.
The town hall forum was not the right way.
The answer is definitely by force. people like me will never submit to the tyranny of socialism which leads to Communism or fascism. Because I refuse to submit, force will be required. End of story.
And then theres reality
Socialism is always brought about by popular movements 100% of the time. It is brought down by force.
If you want to share the wealth of the company you work for then buy shares. If you want a company that’s shares all if profits with it workers, then start that company yourself in a capitalist society you are free to do these things there is nothing to stopping you
Except for when the company goes under because of capitalism and greed and they call on socialism to come bail them out.....
MY capitalism is my socialism . When I reach out and hire others to share the fruits of our labor. I am sharing my wealth.
RIGHT! And the people you hire didn't take the risks you take, you are legally required to pay them regardless if you have to take a loss to do it, and you are ultimately responsible for whatever happens. Yet, socialists want the rewards of being the boss without the responsibility.
@@juanitadudley4788 AMEN !!
My definition of hiring some one is sharing. I think you should EARN your share, Instead of you standing around doing nothing while watching others labor.Then expecting to get a share for nothing ??? absolutely no logic . Then "EXPECTING your ENTITLED" is arrogance . My Idea of sharing is giving some one the opportunity, with that opportunity to do whatever their hearts desire .EX: In the stock market you can BUY Shares. So what if some one becomes wealthy and betters them self . They have every right to enjoy the fruits of their labor. If they want to donate to a charity with their fruit that is their choice. Demanding that others should pay for your burdens is none sense.It promotes laziness. If you want that standard then live where it is promoted. My extreme example of socialism is, If the total population depended on another's wealth and NO body works ,who's fruit are you receiving ??? Those are the fruits of my thoughts ,and I will gladly share them with you.
raditian2 wrong!
@@RedmiNote-vs1fz you work for profit, a worker works for profit an employer works for profit. If someone is not willing to be employed and seeks for total self profiting, capitalism is your friend.
Kennedy is so smart. You sacrifice liberty every time you give more to government. Also the young lady who is a Democratic Socialist should have been corrected out of the gate. We do not have a democracy so any argument coming from the fallacy that we are is not valid under our form of government
Don't worry. Other people's money never runs out
@mld that was the point. It's sarcasm.
@Matthew Sanders that's weird. I didn't know you worked at my bank. Not sure why being rich would have much to do with my comment anyway
Yeah, you can always steal more from your employees.
@mld It's called labor theory of value in which a class of people (property owners) gain value just from owning a resource. The one person brings upon many people, has them convert the resource into a more valuable resource to the trade, the worker gets paid a percentage of the value he creates, while the owner pockets the rest as profit. The owner is also free, at any time, to get rid of the worker to bring in another that they could give a lesser "wage" to.
A more equitable system would allow the worker ownership of the "means of production" ie partial ownership of the business.
This works as well for landlords that get income just from owning a property.
Both taxes and roperty are theft. Now one shouldn't confuse *private* property with personal property. It's liberal propaganda that had often conflated the two to make people not understand these concepts.
@mld lol
This should be titled "Republican mouthpieces defending the system that made them rich"
He has undoubtedly benefited greatly from going to Ivy League schools, a direct consequence of Capitalism. He chose to attend these private Ivy league schools, not the state run and directed schools.
And he readily admits that fact and the irony it presents. He's offered details into his experience in other interviews.
Brilliant!
@Steve Mahoney ~ Not everyone can be a stable genus ~ genus.
@@trexx63 How far you go in school? No irony , except to the non thinking perhaps. Not everyone does well in school.....( see McNamara's Morons ) draftees for Vietnam! Good students didn't go to Vietnam if they didn't want to. The other exceptions were for the rich bastards.
They are not a direct consequence of capitalism. Wtf are you even talking about lol? Those institutions were not established to make profit. They were established to train preachers and funded by the communities of New England in which they were founded.
Capitalism just works
These debates were terrible. Anybody know a real good cap vs soc. Debate long form with some real intellectuals. This was kind of stupid. I am a capitalist 100% but have yet to hear a good argument for socialism where they dont side step questions.
Yes. Yes, please.
The only side stepping I saw was from the mob of Fox hosts, using every other opportunity to fear monger and sing the praises of America the beautiful before questioning the socialist on capitalism, daring them to say America isn't great
If youve never heard a good argument from a socialist, that might be a consequence of how suppressed socialist thought is. Even the ideologies I hate most have some good ideas imho. If we cannot realize the good ideas of our adversaries, then we are surely intellectually doomed.
Many of the benefits of Capitalism that we know of today were openly supported by Karl Marx himself.
If you're interested, I can definitely give you some good arguments for socialism. They're very simple, easy and I won't sidestep your questions.
@Roma Rose It's very simple. In order to produce value you need labor. You can buy factories and materials as much as you want, you can't increase the value of those materials without labor. Therefore, it is the workers who add value to the products a company sells. The profits a company makes (mostly) come from that added value. Which means if the workers got paid the full amount of their value, the company wouldn't make a profit. The question then becomes why do the workers not have a right to that profit? Why does the person who owns the factory get to decide what to do with the profits? There two big answers to this that I know of, both not entirely correct:
1. "Because they entered into a voluntary contract". This isn't really the case because employees don't have another option. All companies are capitalist and won't ever offer you the full value of your labor. You need to work to survive and most workers lack the funds to start their own business, so it's hard to say this is a voluntary choice.
2. "Because the employer took all of the risk". Well, not only do employees run a risk too (losing their income at almost any time) but the employer gets to make all of the decisions. The employee can be fired at any time for "restructuring", which he has no control over, while the owner has a large degree of control over going bankrupt.
Socialism, for the most part, is a response to this unfairness. Instead of one capitalist owning a factory, the factory is owned and operated by the workers. This doesn't mean all workers are exactly equal. You can still have managers for example, but all workers own some share of the factory and therefore can vote on what happens to profits, elect the managers and the CEO and decide company policy. This is what is meant by "workers own the means of production". Companies will then not only operate in function of one single person, but rather in function of everyone working there and by extension the community around the factory. The workers will get more money, more responsibilities and more motivation to go to work. As someone who'd like to maximize happiness in the world, I see this as an absolute positive.
Richard Wolff's point about life expectancy's having dropped in the USA is true, and it's largely because 6,000 a month are dying from opiate overdoses. I hardly think this is the fault of capitalism.
Béla Scialoja gig jobs that can’t pay asset bubble rents and running a hamster wheel for the shareholders is exactly why people give up and go to heroin.
jesus christ , the fcking nerve on that viper... Have to applaud Richard on this one.
Herman Cain is VERY SMART
I just watched all 3 and they should of just keep the first guy and made it 3 parts. He was the realist one
Who, the smug British sociopath?
@@saskk2290 yeah, the guy who invested the money from someone's labor into countless other enterprises of labor-exploitation, then claimed that his wealth was of his own creation and not in any way the product of others, as if he were a wizard, that one.
@@krackatar Lol couldn't say it better myself. He seemed quite triggered at the mention of his hypocrisy
Think u for letting me know about the 4th part I am definitely watching it after work
What qualifications does this Bianca chick have? Other than being a democratic socialists what does she bring to the table.
Mike Foster she’s a Verizon employee... lmao. She deserves just as much as the people or person who invested time, capital, hard work, stress into starting and growing a successful company... wtf?? Entitled snowflake.
never heard a student give him an argument for why socialism is good.... because it isn't.
lmao im dying hahaha
Now you know why there is so much poverty in South and Central America.
BUILD THE WALL
Pure Socialism is an equaliser i.e. everyone equally poor !
As the popular meme goes: Democracy is two wolves and a lamb voting on what is for dinner. Liberty is a well armed lamb contesting the vote.
America is NOT a democracy.
Preach!!
Ok Kennedy ive never seen someone look so awkward while getting introduced
she looked like she didnt know which mask to put on first, pfft..
The producers told the lady in the red before she came on "ok, that wolff guy is making some good points, interrupt him so he can't talk or else we'll all get fired
Lol true
5:45 “people are living longer” -actually US white male lifespan is decreasing
That’s exactly what I was saying
Jesus Christ this woman sounds like some 16 year old that gets their world view from Libertarian internet memes.
Kennedy is annoying. Can’t she let anyone talk instead of running her big mouth trying to shut everyone down?
Kennedy is the typical Fox style.
She's very arrogant, just watching her "debate" I can tell she is one of those people who has to have the last word (proof being her remark before the end of the clip "Enter WW2"). From my own personal experience, she's the type who will simply not listen to reasoning or facts / data, therefore debating with someone like her is in vain.
@@MitchellMcLean1992 To be frank sh isnt wrong
Well, you must admit she killed big girl's argument lol.
@Carramena W....it wasn’t like the socialists had anything bright to say. The professor is in his own little world and the woman beside him doesn’t know what she’s talking about.
And you talk about inserting ideas into the marketplace but what about all the patents and copyrights with vague definitions?
Bianca has yet to answer a single question.
Your mind must have been shutting off everytime she spoke, if you say that.
@@Keriks If you actually think that she answered any questions then you probably not understanding the questions in the first place. Please don't defend stupidity you're embarrassing yourself
5:00 - American has prioritized capitalism over democracy. But, of course you just ignore that, or didn't bother watching it.
@@draken6536 There was maybe 1 or 2 questions that she did not gave answer too, she responded well on most of them. I bet you didn't have problem to first question in part 1 and black rich guy giving his non answer. Or here in part 3 dude says that No socialist ever describes how we gonna pay for it, when Bernie and all other true progressives answer that question every day on the media. Your party network is FOX my dude, you have 0 ground to stand when it comes to avoid questions lol. If are Republican u either millioner or idiot, so that last sentence was really cute, 😘
justgivemethetruth Democracy is a ridiculous, terrible idea.
I love Richard Wolff. its interesting how the hosts seem to cut off and jump in every time Richard Wolff tries to interject or really start to get speaking. They know his ideas are dangerous. Democratize the workplace, democratize the economy.
I don't think anyone is against democratizing the workplace. What people are against is the government forcing private companies to "democratize" especially when works don't bear any of the risk
@@kinocodner4307 Not necessary to force it if you allow such thing happen and promote it
@@luciernagas5661 it's allowed right now
@@kinocodner4307 Its allowed but not promoted in anyway.
@@luciernagas5661 thats not the governments job
This lady always reminds me of a Bob's Burgers character.
The best comedy Fox ever made.
Prof. Wolff got them hysterical very quickly -- once he started talking about the harsh reality of things and some thought-provoking ideas they started sweating 😓
When the fox news lady was saying "why stop at $15" I know she was being sarcastic but it was the only thing she said that made any sense
"Abortion on demand" girl in the background is hard to watch. Please pan camera away from her. thanks.
Craig Odem it needs to be removed, it’s face is incredibly irritating to look at.
Craig Odem she makes me sick. I thought I was the only who thought that. She has third wave feminism social justice warrior liberal indoctrinated eyes!
Her face was so distracting. Like im genuinely Noh trying to be rude but she looked not entertained by everything
So at one point she discusses separating Democrats and Republicans because it miss use the conversation, and then she says college and universities Are biased and lean left. So which one is it because you’re just talked out of both sides of your mouth. Therefore your argument holds no merit at all.
Mr Wolf that should tell you something! Capitalism has worked for 200+ years! If you work hard it pays off!
What made America economically strong? Slavery- free labor
revolutionche3 what the hell are you talking about? This country got passed slavery how many years ago but people like you and these race baiting people just can’t stop! Slavery has nothing to do with why our country is great! Just like everything else our history has bad and good! Slavery has nothing to do with our country’s success!
We had a labor shortage in this country until the until the 1950s. Anyone could come here, work hard and make something of themselves. The employer had to pay a competitive wage to his employees or they would move on to another company. Now we have no labor shortage, so companies can go as low as they want until they hit Federal/state minimum wages. A person born into poverty now has about a 30% chance of making it into the middle class.
anyone else notice they interrupt wolf every time the audience starts nodding and agreeing with him
Democracy - two wolfs and a sheep deciding on what's for dinner.
Man Imagine censoring your own guest!
Ever notice how those advocating socialism start their arguments with 'I feel like...', or 'It feels to me like...'?
I don't think Wolff ever uses those words. Nor would I ever have to use those words to defend socialism.
Better then feeling nothing for anyone but yourself !
@@TheMrMacintosh I don't think Wolff really knows how well he and Bianca have it now, 60 years ago, rotary phones, BW TV, Movie theaters, no Internet, PC, Amazon or anything else, this is the best time to be alive, you have such a wide variety of choices, if you don't like your job talk to your boss, or go and get a new job or start your own company, Try that in any Socialist Country and you wouldn't last, No, I enjoy living now, the ability to increase my wealth is so much greater today than 60 years ago, They should talk to my mother who is 102, she grew up when what we take for granted didn't even exist then. Go and take a vacation in a Socialist country and live like the locals do and than compare it to the US.
@@55Quirll Really depends on what kind of socialism you're talking about. Scandinavian/European social democracy works far better than our system.
@@phlumpers Social democracy doesn't exist, they are more free market economies. Read up on their economies/govt in the 1970's - 1980's higher taxes than now and not lasting. Now it is better and more sustainable since the govt has gotten out of private businesses.
Socialism and moral superiority come together and they are not shy to show it here.
Bianca obviously is not hungry, perhaps if she is worried about people without food, she could shuttle some of her groceries over to them.
vernon knapp
Hahahahahah yes
Nice to see some high level thinkers in the comment section for a change.
Just look from history socialism sounds good but never worked capitalism doesn't sound good but always works
because the greedy capitalists kept destroying it.
This girl doesn't realize we aren't a democracy. We are a constitutional representative republic. Big difference ! .
Robert Newby no it isn’t, even if it was, her whole point is that she loves democracy
@@yummydirtproductions , we are a constitutional representative republic. No where in the preamble or the constitution does it say we are a democracy. A democracy is mob rule and doesn't protect the individual . If you think we are a democracy. Then you wouldnt mind if a group of people coming to your house and using your stuff as long as they want .
Robert Newby how is a republic any different?
@@yummydirtproductions Well a democracy does not protect the individual a Republic specially our constitutional Republic was designed to protect the individual I suggest you read the Constitution before you even mention anything more
Robert Newby i have read and studied the constitution, how does a republic specifically protect individuals
Socialists always deny capitalists credit for the risk they undertake when building the institutions that provide jobs. Workers are NOT partners in the workplace with the owners. Workers take no risk. Owners take all the risk of failure. If the workplace produces a LOSS at the end of the year the workers still get paid by law. The owners have to cover the losses. The workers can leave and find other work. They are NOT left holding the bag if the business fails. The owners are on the hook. That is risk. That means on the other end of the spectrum if the workplace produces a profit, the owners are entitled to that profit. Workers assume no risk of loss and so assume no benefit of profit.
the risk was taken using public money that was put into banks. the interest on that money created fictitious money that was used to loan the business person for their alleged risk. now explain again how the workers are not partners?
Where did they find this Bianca girl!? She did not answer one question with her ripped jeans couldn’t even put on business casual attire!
Her clothes were definitely as sloppy as her answers.
This is why she needs socialism. To afford a new wardrobe.
BelleElle Worships - And what about Wolf, the guy is a battered Marxist zealot and adherent of the religion of the Left. His moral framework is impaired so much so he can't recognise the reason the socialists in America garnered votes in the early 1900s was that they lie about what they're about.
And he carries their banner today, typically ignoring the 3rd player in the equation-NATURE. The uneven distribution of wealth in a society (or any system) is a natural phenomenon called the _"Pareto Principle"_ or the _"80/20 Rule"._
To argue that it is somehow unfair that capitalism creates the disparity in wealth is to ignore the role that "natural laws" play. And ignores the fact that the empirical evidence doesn't support his assertion. Just see how the children of NoKo's and China's top officials flaunt their wealth jet-setting around the world. The guy is brainwashing young people at the university where he teaches Marxist crap.
@@thomaswoo7983 Richard Wolff is scheduled to debate Gene Epstein at THE SOHO FORUM in November. It will b a pleasure to see Epstein smash Wolff. www.thesohoforum.org/
Like Epstein did to Bhaskar Sunkara another leftist nutjob back I October. ua-cam.com/video/B2wgkp2CYYc/v-deo.html
We need a government of action, to fight for working families. ☭
Q: What is the viability of socialism ...
Bianca: To me, in mind, ...
Capitalism vs Socialism.
Social Democrats: This will be funny.
This guy believes all the other Nations are socialist and that's great. He believes America needs to catch up to Those countries.
1st America isn't the Only Capitalist Nation.
2nd since there are many socialist nations, why Change America?
Why doesn't he just move to a Socialist Nation of his choice?
And Leave Our Nation of Freedom Alone!!!!
I agree with you 100% and that goes for the rest of the Socialist guest on the show. Move.
capitalism only exists because socialism is there to back it up.
Both wield the power of distribution and transformation against others
There is more control on gov in capitalism
There is little control on gov in socialism
Constitution does not allow for socialism
This is one of the best programs I have ever had the opportunity to listen to. Great stuff keep it coming....I believe in Capitalism. It works, the USA has proved it for CENTURIES. I also like to hear the other side. These debates are what this country is all about. At least the socialists can’t get physical in this setting and take out their AK 47 and force us into their way of thinking 🤔, although I did hear the college student say he gets socially slammed in the university he attends for trying to understand capitalism since they try and cram socialism down his throat
as point out by Richard Wolff, socialists do not use force to get their way. Every socialist revolution has sprung up organically, or come from regular elections. It is capitalism that forces itself on everyone. Case in point: why don't we have a Communist party? They were directly targeted, jailed, and assassinated by the capitalists. Every time socialism "fails" in a country, the CIA is behind it, funding the opposition, and often directly assassinating wildly popular duly elected leaders.
So Kennedy had TWO broadcasting careers before she went to college, and got a scholarship at age 28. I would like to hear her story as not that many people followed that kind of life/career track.
Yeah connections is what gets you ONE broadcasting career before college
Speaking of living wage, Kennedy says, "Why would you stop at 15 dollars? Why not 25 dollars or 150 dollars?" Kennedy is contradicting herself as a capitalist because capitalists who own and operate companies would not allow themselves to pay their workers such wages. They don't even want to pay 15 dollars. Workers have been trying to get fair wages for a long time and the capitalists always oppose. Here's a personal example: I worked for Tortilla Jo's Restaurant in Downtown Disney for 7 months. I started as a dishwasher for $11.50 an hour. After 6 months I was "Promoted" (sarcasm emphasized) to a Preparation Cook position which came with more responsibilities. I asked for a raise and the Administration and the Executive Chef stated they would look into it. After another month I asked for a raise again and the answer was, "No. We are sorry but we cannot give you a raise at this time." I immediately resigned. This type of unfairness happens in all companies and businesses under Capitalism. Yes, there are always jobs and positions available, but there is also plenty of unwillingness to pay what is right and fair.
Ahem! The reason no one made an argument for socialism throughout your IV League education was because everyone was well aware that it didn’t. I know that it was touched because they clearly talked about communism duh 🙄
Fox and every mainstream media show needs to allow long form debates in the time frame of 3 to 5 hours. People can come back and watch it on their own time. While things are actually allowes to be hashed out.
Kennedy is a FREAKIN' ROCK STAR.
Maybe there are kids starving because Bianca is eating their lunch!
history proves capitalism works,and history proves socialism doesn't
Congo proves capitalism works, and Mondragon that socialism fails
Co-ops = change the corporate structure
OK, so let me get this straight. If I put my hard earned money into starting a company that employees 10 people, then we switch to a democratic socialist economy and suddenly my 10 employees, from the employee that dropped out of high school and works at the front desk, to the skilled technician that assembles the product that I designed gets an equal say in what we do with the company I started. Without me designing the product, and investing my money, those 10 individuals would not have a job, or would work somewhere else. Where is the incentive to start a business if the company will not be mine. I didn't see those 10 employees starting the business or taking the risk with their investment. Democratic socialism is a joke.
you can only start a business with a bank loan with money that was ill gotten in the first place. stop being so thick.
@Rhett Radcliffe ~ Dr. Wolff said ( if you were listening ) 2000 employees had 20 percent representation on the board....you big enough at 10 to have Corporate board meetings ? The only thing you got is your CULTURAL IDENTITY linked up with the Alt Right you SOB!
OK, so let me get this straight. If I put my hard earned time into starting a monarchy that rules over 100,000 thousand people, then we switch to democracy and suddenly my 100,000 subordinates, from the drug addict, with no skills, to the philosopher with a college education get an equal say in what we do with the monarchy I started. Without me designing the laws, investing my time, those 100,000 people would not have bureaucracy, or would move somewhere else. Where is the incentive to start a monarchy if the power will not be mine? I didn't see those 100,000 people starting the monarchy or taking the risk with their time. Democracy is a joke.
P.S. You're not behind the world because the US came down on socialism 100 years ago. You are at least 100 years ahead, you silly old man!
Yes, US, the country with such a broken economic system that over half the population don't have 1000 USD saved is ahead of the rest of the world ... A UN report literally found that Mississippi's conditions are that of the 3rd World Country. Your economic system failed.
@@Kraisedion Well the only thing left is to try it. Migrate to an ex-communist country, see how they are doing there, then think about how capitalism failed. Im telling you because i live in one. At least capitalism doesn't prevent you from becoming rich enough to put food on the table and have a normal life. Socialism does. Besides, you live in a country with 300+ million people, its not the same as living in Norway or Denmark (which are not socialist by the way, and have populations of 5-6 million).
@Nild Malindi I am actually Norwegian, which is likely the country that got the closest to Socialism in the 20th century - no country ever finished the transition; and the public as a whole still hold the majority of wealth within the economy in common - a big part of which is thanks to our largely collectivized energy sector. Democratic Socialist ideas, such as collectivizing oil, lead to us now having a 1 Trillion USD oil fund.
Why would I move to a country even further away from my ideals?
I'm not a Democratic Socialism myself, I'm a Libertarian Socialist - which means I want a small government, and an economy consisting of co-operatives. Therefor I am not a big fan of Norway either (granted, some of our biggest brands are Co-operatives).
The important thing to understand is that socialism refers to an extremely wide school of different economic systems, from Mutualism, to Syndicalism, to Collectivism, to State Socialism to Communism and more.
Socialism refers to any economy where the workers, consumers and/or public as a whole own and control the means of production. None of these were the case in the USSR, nor in China, nor in any of the Communist countries, nor in Social Democracies - but at least the latter had a high degree of collective ownership under democratic control + co-determination (partial workplace democracy) which to me places them closer to the finish line - despite not being a fan of their State Managed finish line at all.
"In my mind"........ "I feel like".....way to use your beliefs and feelings to seperate yourself from being argued against
Yes, Capitalism has put us on top of the world. But we should change it because being on top is no good????
It's very hard to take an 18 yr old seriously in torn jeans and looking like she is headed to the mall....
I was born and lived poor. At 18 I left my small town with 10 dollars in my pocket (from my dad), sweated my way up, saved my pennies, and made my life happen by doing what I had to do. I am now 59, retired twice, and have yet to touch my Social Security. I have been to college but have no degree. I will be starting another business at the end of this year after taking a few months off for my grandchild. On a side note I am also a proud Native American and have never asked any one for a hand out or to pay my way. My dad had a bumper sticker on the back of his work truck "I Fight Poverty, I Work". I have remembered that all my life. Thank You Capitalism and Thank You America. Grow up children. If you want it, go get it yourself!
Kennedy is down there with Tomi Lahren at the bottom of the barrel.
It’s easy, each corporate board has a representative from each union with a member on the workforce and a representative elected from the non-unionized employees (making them a union). That puts two worker representatives on each board. Give each board member a veto that can only be overridden by a unanimous vote (excluding the vetoing member). Problem solved, in less than two years the income gap shrinks to 1950s size.
I love Kennedy she just tells it like it is.
...but she's clueless. Speaking loud and cutting people off does not sum up to being correct or intelligent.
@mld
She said force.....
She essentially spoke where a capitalist system BY ITSELF works,...
Today shows it doesn't...
....and just so you know, there is no such thing as a capitalist system by itself....
It there was, wouldn't the banks still be crying when they failed trying to be capitalist and begged for a socialism bail out?
@mld
Plenty of examples....
I suggest you start thinking for yourself and quit thinking corporations are people and that all private is and are good for the people. Again, please tell me how a capitalist system ALONE can work? I take it you done so well that when you retire you're not going to utilize social security, right? Because if you do, then aren't you being a tad bit hypocritical?
@mld
That's funny, I was just thinking the same thing about you. It would appear that we are at a standstill because you feel as though you're right, I know that I am, so I guess we'll just have to agree to disagree.
tee ain’t that the truth
🤔 lemme get this straight "i was broke af with broke af parents in ohio but went to harvard, stanford and yale"
David Triplett he’s a liar
Kennedy be Fine!!!
5:32 - the "Oh God" from the audience 😂
The young communist in the red shirt doesn't look like she's starving or living rough..just sayin also it's always funny to watch socialist enjoy their constitutional rights
Oh yes because you can't advocate for people less privileged then yourself lol
@@thome581 one day you children will we realize the difference between hard work and privileged
@@Cwright386 i mean, it's a fact that some people are born with more advantages man, and it's just silly to think that just because you befit from the system you can't help people who don't
Might the best question asked through this 3 part Q & A. When will you admit when things are actually getting better.