Why You Love Capitalism | 5 Minute Video
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- Опубліковано 14 чер 2017
- Do you use an iPhone? Watch Netflix? Listen to Spotify? Then you love capitalism and can't stand big government. How do we know? Jared Meyer of the Foundation for Government Accountability explains.
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Script:
You love capitalism. Really - you do.
And you can't stand big government. Really - you can't.
Don't believe me? Then I'll just have to prove it to you.
Do you use an iPhone? Android? Macbook? PC?
Read on a Kindle?
Watch TV and movies on Netflix? Videos on UA-cam?
Shop on Amazon?
Listen to Spotify?
Search on Google?
Send money on Venmo?
Grab a ride with Uber?
Drive with Waze?
Book a room with Airbnb?
Are you on Facebook? Or Instagram? Or Snapchat?
You probably use many, if not all, of these things, and, if you're like me, you love them. In today's world, they're practically necessities.
Where do you think they came from?
From entrepreneurs with great ideas and the freedom to test them in the marketplace. That is what is known as . . . capitalism.
Now consider some other things you probably use:
Have you been to the DMV?
Gone through airport security?
Mailed a package at the Post Office?
Called the IRS customer service line?
Or called any government office, for that matter?
What's different?
Why is going to the Apple Store so fun, but going to the DMV so painful? Because one has nothing to do with the government, and one is the government. One needs to satisfy its customers to survive and grow. One doesn't.
The purpose of government is not to create products. And we don't expect it to. But if you thought about it for a few moments, you'd realize you don't want the government involved in just about anything private business can do. That's because profit-motivated individuals have to work to please their customers. You. Government agencies don't have to please anyone.
Call that IRS service line, if you doubt me.
Can you imagine if Steve Jobs had to seek government approval for every new design of the iPhone? We'd have been lucky to get to iPhone 3G.
Look at Uber. Just a few years ago, summoning a private driver in a few minutes who would take you where you wanted to go was truly a service available only to the wealthiest people. But now, thanks to capitalism, private rides are an affordable option for ordinary people all over the world. Until Uber came around, if it started to rain in, say, Manhattan and you wanted a grab a cab, good luck. Too many rain-drenched people and too few cabs. Uber had a better idea. Rain falls. Demand for rides spikes. Raise prices to incentivize more Uber drivers to hit the road. Ride-in-the-rain problem solved.
For the complete script, visit www.prageru.com/videos/why-yo...
There are only two gend...wrong video.
General Patton That'll do, Patton, that'll do.
Its never the wrong video to point out forgotten knowledge. So simple yet how could we be so blind. Its like the lost art of home cooking or the ancient tales of something called sandwiches which are said to have been made in kitchens; how this could possibly be and who would make such things are still questions that elude us.
Darken De la Espada yay big words ... jk but I like your comparison
General Patton you shouldn't have won the wa... wrong video
+General Patton, not even true on the simple physical level. There are XY women, and XX men. Some people have both sets off genitals, some have ambiguous.
I can't comprehend how can some people say they don't like capitalism, all things considered.
I love capitalism.
Yup, I do love my capitalism
Automation is the new boogeyman concept of the Left, since Global Warming is failing. --
anon, whatever it is you're describing, it's not capitalism. With capitalism, the rich get richer, *and so does everyone else.*
Charles: With capitalism, the *"rich"* also run the same risk of crashing and burning as any first time start up entrepreneur. Wealth has little to do with capitalism other than to slow the rate of fall. Bill Gates started with nothing other than a good idea and a lot of determination. Wealth had nothing to do with his success. Capitalism is about making a trade. I will give you one of my MS DOS CDs for one of your $5.00 bills. We will both be happy at the end.
Ocean: I am trying to grasp your argument. I am having some problems though. Inflation is distributed to all parties proportionally. How can you measure the significance in damage done to a large company with hundreds of employees against the damage to a small mom and pop shop? While one may require massive lay offs to compensate, the other may, in the same time frame, have to shut its doors forever. This; I think, would only validate my theory that wealth will only slow the ultimate decline to the bottom. .
+Charles Finley , I'm assuming you're being serious, but that is simply not how money works. If we have a set amount of money in a given economy, it just trades hands. It can never create more of itself. Therefore, if someone (rich or poor) is getting richer, someone else is getting poorer. Now, if you introduce more money into the system and give everybody some, then they all get "richer" but due to the inflation all the money is worth less and everybody has the same amount of purchasing power and is therefore the same amount of rich as they were before new money was introduced.
why re-upload?
Perseus commies mass reported the video
capitalism
So free market works.
supply/demand .... it was in high demand
I'm pretty sure they were asked to take it down by one of the many companies they mentioned or face a lawsuit
1.5k socialists disliked this from their iPhones
iPhones which couldn't have been invented if it wasn't for the government creating the internet. In my opinion this video isn't trying to make you love capitalism. It's trying to make you want Anarchism because it's clearly trying to make you hate all forms of government and love the idea of companies running everything and not having to answer to anyone. And if you read the other comments here you would see that almost nobody who disliked this video is a socialist and instead are smart Capitalist who understand that a healthy society needs a strong government to provide us with certain things that businesses can't be trusted to provide us with.
ua-cam.com/video/8jTCBirELDU/v-deo.html
Or anarchists....
@@kaic1649 The internet was created at a university
@@kaic1649 thats a lie, its some people at the university 1969. And goverment not own a lot becuase people who work in the goverment doesnt need to care a shit about what they are doing becuase they earn the same
My history teacher played this in class!!!
...she then explained how it is biased and misleading. top kek
like all prageru videos
Especially the anti government and anti atheist ones.
Care to tell us what she explained?
Your teacher it’s trapped in a union system that is super left leaning. She has to indoctrinate you for a living instead of teaching you. The Left leaning media, big tech companies and the public education system do a wonderful job at confusing young minds. Thank God for Prager U.
Pura Vida Sequeira your sentence makes no grammatical sense and its telling that you assumed the teacher was a male
edit: also this comment is a year old lol
*Some 300 years ago*
*Peasant:* I don't like feudalism
*Land Lord:* Your food and shoes are made under feudalism. Check mate.
@DUDAH Factual example
Venezuela is waiting for you sir.
Soviet AI people aren’t starving because of capitalism
@@hanzgetzeflammenwefer1049 except uhh yes they are. Famines under capitalist states are just as common if not more so. States propped up by the West cannot feed their people, and also caloric intake was higher in the USSR from the 50's to the 80s.
"We should improve society somewhat"
I love capitalism, but I hate corporatism.
Gotta Go Fast socialism is corporatism
Thanks, Papa Bless.
Corporatism is the result of socialist-capitalism
Muh krony kapitalist korruption
That's basically fascist economics. It exists because we've given government too much power. If that power weren't available, it wouldn't be for sale
"You love capitalism"
I do. I searched for a collectible figure for my friend and went to eBay for the cheaper purchase where amazon had the same thing for more money. Now that eBay seller has a repeat customer.
ua-cam.com/video/8jTCBirELDU/v-deo.html
Now try that same stunt with buying a house
this video just said if youre a human being, youre a capatalist
Exactly thats why socialism is against basic human nature
@@juanpablobonet1341 it’s against individuality and seeks to boil everyone down into collectivist groups. Sounds familiar...
@@yrok244 socialism is really bad cuz you can't just force people to be alike
I’m not a capitalist...
Oh yeah? So, what about those tribes who use exchange, that is not capitalism. Or those who don't let a person take power over the rest? Are those societies capitalistic? The problem is this Pragerfu, tend to work with absolutes. Which doesn't work very well
A: Do you like Roads?
B: Yes
A: than you must love the government because it provides the roads
Jannis Höntscher where I live the roads suck
actually goverments often seek private companies to do construction work for them such as building roads or building for them.
@@TheHairlessKoala ...and new corporations seek Government help to start...
where I live, the gov't had good roads ruined when election time comes around so they can show the people they're "having things done"
@@TheHairlessKoala no wonder building the city is more expensive in England some schools and land where build privately for public use and just changing a light bulb costed the government 500 pounds. Just like hospitals bill like $2000 for stitches and shots for a cut. It's ridiculous that private sector.
Why was this re-uploaded?
Because you love capitalism.
you're not wrong
hell yeah
Because the original had too many likes for youtube's preference of suppressing conservative thought.
Got taken down unfairly
Do you love tetris? If you do by that logic you love communism because it was made in communist Russia. All of those services you listed are great, but just because they were made in a capitalist world in which you dont have much choice than to chase profit doesn't mean it wouldn't work in a different system. There is a airbnb-like site called couch surfing that is free and not ruled by the supply demand profit driven system you glorify. It could exist outside capitalism, but it was made in a capital system like everything these days.
Counterpoint: do you hate samey pop music thats aggressively promoted and overplayed on the radio? Thats also a thing that capitalism made. If you hate it then you hate capitalism by proxy.
Thats a over simplistic way of thinking, isn't it? But this is the argument you're making.
There is no “Russian dream”, “Chinese dream”, or “Portugal Dream”, there is only “The American Dream”. An as someone born in a socialist country, I can tell you that migrating to America was the best thing that could’ve ever happened to me and my loved ones. I’m sorry, but a man with an experience is never a the mercy of a man with a theory.
The thing with Tetris is that it was developed in the USSR, but it didn't have publishers and the only way for it to be published was with capitalism. And the thing with samey pop music on the radio, yes it was made because of capitalism, but the thing about that, as terrible as the music is, it's what people want. Luckily we have the internet to find music that we do like and so on. Capitalism gives you options.
I ❤️ capitalism but unfortunately I live in a socialist country, Brazil. 😭😭😭
Bruno Oliveira Social Captialism?
Bruno Oliveira come to America dude
Ahhh Brazil
Where the delivery of some simple product through the official post service is a thrilling odyssey
Bruno Oliveira Brazil went from a prosperous nation and the U.S. of South America to a giant shitsmear on the world map
Bruno Oliveira well u should at least try if you can, we'd love to have more people like you here!
Some of this video is very iffy. AirBNB has to be regulated because you have people who are kicking out the people who are renting their places, putting it up on AirBNB for a lot more, and the previous renter gets screwed over from the landlord lying or kicking them out only to put it on AirBNB.
Uber has their own problems with their drivers.
I think if both companies follow the rules provided or pushed for changes in given areas. I think both companies can be very much useful. But the problem is it's being abused left and right, and there is real world problems that come out of it.
That Hyena Bloke the owner has all the right to do it. but it causes a nasty ripple in the comunity. if airbnb hadn’t existed maybe that family that got kicked from the landlord, might have had a prosper life there.
it’s just a nasty secondary effect that makes ripples in local communities.
airbnb is cool but there needs to be balance
kurikuraconkuritas is it wrong to seek the most benefit? If you take a coffee from someone who paid 10 dollars to get it and give it to someone willing to pay at most 90 cents is it something efficient to do? Or even moral? Of course not. Do you find unfair that someone has other priorities and is willing to pay accordingly to his priorities? When you charge more you are really distributing efficiently escarce resources to the individuals who value it the most, which is in all accounts the fairer option, the other methods you have are purely arbitrary, rely on luck or just to whomever came first. Which is by all definitions stupid methods while not being fair to the priority of the person. If i am willing to pay 1.000.000 dollars for a home but there is another bid for 2.000.000 then its only fair for the other person to get the house.
And above all that families being evicted will find another house eventually if they are willing to pay something whatsoever. But even if they are not willing to pay a dime, that family one has what it wants, and you cant morally deny them their right to be happily homeless.
Yes, but capitalism must be regulated. We - consumers - are always after something that we NEED or get PLEASURE from. For example, we like to eat chips. Is it a necessity to eat chips??
No, we eat it for pleasure. If there are no regulations, you can put any chemical in your product for a better taste, which will make us sick after 10 years. We consumers will buy chips, because we love the taste. We will not know, that there is any problem with it.
Another example - you have a country-side. Not many people live there. Not many consumers for internet. Companies are not interested to provide internet there (cheap enough to efford it). These areas will become depopulated, because quality of life will be worse there (not only because of internet).
Sometimes we need government subsidies, in order to stimulate economic growth.
Ha, ha! You really think the government stops that! Hilarious! First read all the crap in things such as Doritos! Second, read the ingredients of Cumedin which was used as rat poison during the war! Third government does NOT stimulate the economy! It steals from me to give to you..I work very hard for what I have and ask only that I not be economically attacked! That is Socialism!
You are kinda right.
The government should be like a referee
again?
נצליח לתקן?
כן כן כן!
0:58 "that's what's called capitalism" .... no, it's called a market economy. Even the Soviet Union had a market based system despite being communist. You know this guy is definitely not an economist. I came here cause the video title sounded interesting and I figured he would make a case that our brains are hard-wired to love consumption and making money... But his arguments and logic are just poor. There have been technological inventions long before we had a word for capitalism.
Yeah you can be Socialist and Market Economy-supportive too.
That's called Market Socialism.
And there probably would be some if we weren't capitalism now. However, there wouldn't be very many, and most would never do much or innovate. Also, the USSR wasn't market based until right at its end. Previous to that, supply was governed by the government and prices deliberately kept at certain levels.
Soviet union wad not market economy.in market economy prices of any good was determine by demand and supply.in the ussr prices was determine by gosplan.
Capitalism gave us all the good stuff. God Bless Capitalism!
i was leftist before prager university and now i think capitalism is the best for human kind
You brainwashed fool.
Ariel Santomauro How are they brainwashed? They’re right
PragerU: *Makes an AirBnb and Uber ad*
Hey look how cool capitalism is!
Jesus Christ I love capitalism now
People who disliked this video disliked it from a phone or a computer.... oh the irony
These computers weren't made in the great capitalist nation of the USA. !THE IRONY!
Because of the socialist who scared off the business man by their votes.
@Marius Wegner They were most likely designed in USA and the parts were largely made in USA. They were only assembled in China.
I have an objection, the smart phone was not an invention that can be attributed to free market capitalism, this is because the vast majority of technology used in them was originally developed by the government for use in the military. These technologies include; touch screen technology, voice recognition software, lcd displays, gps, microprocessors signal compression, lithium ion batteries, cellular technology in general and even the internet. If it werent for the government we would not have these inventions, and since the internet was also a government project, all the subsequent services (uber, airbnb ect.) also would not exist if it wasnt for government interference in the marketplace
callum valo Shhhhh, they dont like it when people use logic
Such a good-looking boy!
I largely agree with this, capitalism is the way to go, so long as it's not crony capitalism. However, I do believe there are some areas where government regulation is necessary. Most especially when it comes to safeguarding the environment and worker's rights. Big business would piss of both of these in a heartbeat if they did not have any form of regulation. Don't believes me, look at China, where corruption is rife and regulations in both these domains are hardly enforced.
SolarDragon1000 ^^^
SolarDragon1000 if you work in a business where workers right are ignored, you might as well go where they aren't, that's capitalism, satisfy a worker and a costumer
if a worker is unhappy, stop working there. if a customer sees corruption stop shopping there.
thats why he said _big_ government, of course we need at least _some_ government
Worker's rights would be safe guarded by a free market. The workers would quit and get a different job if they are mistreated. All these worker's rights regulation is why everything says 'Made in China' on it.
0:03 They already know the inner functions of my mind.
I love my capitalism but I must say that this video reminded me of 1984 in a way. Almost as if he was asking me "Do you love Big Brother? Of course you do."
2:05 Bruh It''s called a Taxi
> Implying taxis were that high quality
Why do government agencies exist?
Oh right, because the customers of those businesses created them because not every business has pro-consumer policies. Businesses are profit driven, they will nickel and dime you every chance they can get.
Government is capable is doing bad things and good things.
What's up with the seemingly anarcho-capitalist theme in this video?
Why do I love capitalism? Because nothing held me back from opening up a web/app development business and making $30/hr at 16 years old. Providing people value = money in your pocket + food on your table
"i can't be a slave, look at all this stuff i have"...
@DUDAH Imagine being ignorant enough to call people communists just because they question the system they live in.
How are you a slave? If you live in the US you can decide what to do with your life, if your job seems like slavery just look for a better one or create a business
@@philippe5947 It's not a unfair assumption. Capitalism isn't perfect by any means, but it's the most compassionate system out there.
what would you rather have? opportunity to exploit yourself to the fullest capabilities? or would you rather suffer equally with taxed to death policies? Because that's really what it comes down to. Capitalism with limited government means lower taxes because the free market is allowed to thrive creating competition. With socialism, taxes skyrocket for basic necessities like water, gas, food, appliances, homes & vehicles because of government subsidies.
If you ask me, I'd rather work hard for my earnings than let the government take care of me for such a crappy exchange.
We are slaves because of the government, not capitalism.
@@taxslave5906 i like the government
Adam Smith, often described as a supporter of capitalism, described the desire for governments to ensure freedoms of a market. I don't remember all of them but basically the freedoms are what allows any person to have a chance to succeed. While I agree that some government agencies strive away from this goal, many that are criticized as "Big Government" are attempting to secure your freedom to participate in a free market system. Private organizations don't necessarily have the same goal because they were never meant to.
The [US] government has given us internet. So... We no longer need the government?
he didnt say all the things from the government are useless, he said that a private company is likely to do a better job. Have you ever delt with an ISP?
but... but.... TRUE SOCIALISM... has never.... uhhhh
Ew why is this video in my recommendation.
because you love capitalism
No the reason people don't like going to places like the DMV is because they are long,unappealing,and boring tasks as for going to the Apple Store or buying something online is that people like to buy things and the services listed were made to be appealing or else they wouldn't be a business in the first place and the government owned things are not made to be fun or appealing,they are made to get things done
Need to play this on a loop in Times Square and in university's across the country.
Ever since my DMV got privatized, it's been a blast going there. In / out in an hour. Capitalism, baby.
Honestly, the video is so manipulative. You could just as easily say
"You love Big Government. Really - you do.
And you can't stand Capitalism. Really - you can't.
Don't believe me? Then I'll just have to prove it to you.
Do you use Medicare? Social Security? Medicaid? Unemployment?
Do you like roads?
Go to public school? Can't afford private school?
Have police officers protect you?
Firefighters rescue you?
Enjoy safe and regulated food?
Clean Water?
Are you kept safe by our soldiers and our military?
You probably use many, if not all, of these things, especially if you're poor, and, if you're like me, you love them. In today's world, they're practically necessities.
Where do you think they came from?
From regulators with great ideas and the ability to create these programs. That is what is known as . . . Government.
Now consider some other things
Have you been denied health insurance?
Do you like big corporations crashing the economy?
Do you like monopolies?
Called the Walmart customer service line?
Or called any company service line, for that matter?
What's different?
Why is social security so helpful, but dealing with private health insurance so painful? Because one has nothing to do with the government, and one is the government. One is only motivated by greed. One isn't
The purpose of capitalism is not to help people. And we don't expect it to. But if you thought about it for a few moments, you'd realize you don't want the market involved in just about anything we absolutely need. That's because Government agencies and politicians have to appease the voter. You. Private companies don't have to help anyone.
Compare the the CEO and the secretary, if you doubt me.
Can you imagine if private businesses were responsible for regulating themselves? We would be lucky to get safe and inspected food.
Look at Roads. Just a hundred years ago, traveling across the country could only be done by train, even then it was reserved for the wealthy. But thanks to Government people could use all the public roads to get where they were going"
Don't take what I said as an endorsement of socialism. Understand that a lot of what i wrote was tongue and cheek. The point was that the video just cherry picks examples and I wanted to demonstrate how that would look coming from the other side, in order show that this is a poorly structured argument.
Agreed.
Good points. 'TV Man tells me what to love? I Love it :)' type thing. This video also assumes that human goodness must have money to back it, as if these things cannot be achieved naturally in a communal fashion.
Hey, do you think you guys could leave links to your sources in the description from now on? Thanks!
This is such a sneaky argument. There's a point here; Markets are often better at providing goods and services than bureaucratised government agencies. However, that point is used to support capitalism using a false dichotomy; Capitalism is conflated with any market economy, while non-capitalism is conflated with a command economy. In reality, capitalism is just a kind of market economy where businesses are predominantly owned by private interests, and non-capitalist markets economies are quite possible. Also, economies and either market or command; There's a spectrum, and most exist somewhere in the middle. But of course, most people's understanding of economics is limited to this false dichotomy, so this kind of argument argument ends up being quite effective.
Stockholm syndrome?
almost certainly
Lmaooo
This is a message that needs to be shown to high school and college students. It could change their worldview, away from the lies they've been taught or heard all their lives.
The lies they get told in school is capitalism
We need government. We also need to realize that the government is supposed to serve us; not the other way around.
everything in the iphone that makes it smart came from 'big' government r&d
Yupp
Thank you 1%, where can I donate
buy an iphone.
repeat that action every year.
News update 2019: 26 individuals own as much wealth as 3.8 billion people. That does not sound right.
Why not? They worked hard to build themselves up or to keep what they inherited. Besides the alternative is for someone to come take that money away and if they can do that to them what stops them from doing it to you?
98 commies disliked this video.
I love democracy, I love the republic
There may not be any true capitalism or communism, but leaning on capitalist ideals lets us enjoy so much freedom and gives anyone the wriggle room to change their lives on their own merit. Spiraling toward communism leaves your society stagnant with no innovation as merit gives way to doing just enough to get your quota and keep you treading water in the collective. You do not want to live tied to a collective....
You love capitalism. Don't believe me? Let me proove it to you.
*walks you to room 101*
joke joke :D
I love capitalism too dont get triggered
whats with the reupload
But you know what kills capitalims that you love so much? Monopolies. When you have an monopoly you don't have to care for your customers cause they are the only one who controls a certain product or service.
Skiie like government agencies. :)
Nathaniel Bixby it's a truly valid concern. That s why there are laws against collusion and price fixing. Problem is these days with such huge government overreach the misuse of power is often found with companies currying favor of elected representatives. The irony is, it is so often big business that asks for or at least benefits from more onerous regulations. After all, they have the resources like legal teams to work through the morass. Small businesses are at a huge disadvantage. I see that as a more pressing concern today.
And they are also illegal, which is why the government bailed out GM and Chrysler a few years ago when Ford dominated the market.
NOT FREE MARKET CAPITALISM! NO TO CORPORATISM!!
Skiie That's CORPORATISM, not capitalism, the most understood word in history :(
why was the original video deleted?
A good balance is always the best. Government regulations are necessary so that companies don't exploit their workers and customers.
I agree. Example is AirBNB, and how renters got kicked out for no reason so it can become an AirBNB property. Which BTW is against the law.
I remember years back, mobile companies wanted to sue their own customers for modifying their phone that they paid for. The government stepped in and said they can't sue them for modifying something they own, but it can void the warranty.
wait, isnt the problem in the second one that companies use the law against the citizens?
Actually, the free market does this quite well on its own. If a company does terrible things then workers and costumers would seek other places to spend their money or work at, because the market would see what was happening and another company would pop up that didn't do all the exploitative things. At least this is how it works if people would get informed. With capitalism, all that is required is responsible consumers and if you're not, that's on you and thus you are at fault for contributing to the future exploits of a terrible company.
Vote with your wallet...
(That's why capitalism is awesome, we quite literally have the power. What we do with it however...)
What about cartels and stuff? I can see stuff like this popping up in a free market and sure as hell does no good for entry barriers.
Joakim D Government regulations makes it worse
Why do I feel that this video was lowkey sponsored by a few of the mentioned companies like AirBnB?
ikr
Title translation: Don't think for yourself.
But seriously right off the bat this video is largely misleading and inaccurate.
1) If you actually research the funding behind the products we commonly use today, most of it comes from public funding. The components that make up the iPhone, publicly funded.
2) You can't seriously expect someone to not participate in society just because they want to change it.
Kevin Doyle that second one is a good point. I don't like capitalism, but I do like being alive.
Yes good translation
You can’t just assume we all love capitalism, and hate big govt.
0:07 What's so bad about a Bigger Gov't?
Libertarian crybabies lol
Siberian Husky with a big government you have more restrictions on the citizen. This means that making businesses is more difficult if the government is involved. And people in the U.S.S.R. were restricted from making businesses which means people would die. So everything is wrong with big government, you socialist.
I heard Siberia's nice this time of year
Do you use an iPhone? (nope) Watch Netflix? (nope) Listen to Spotify? (nope). Wow. I must be a terrible, rotten, no-good human being. Why am I even allowed to live?
I saw the title and thought of a particular line from Beerfest.
This is the most beautiful advertisement I've seen in my entire life. My inner Ron Swanson is grinning. I am so glad this popped up on UA-cam.
A advertisement for misleading propaganda. They left out how the government created the internet and without it businesses couldn't have invented our phones and ofter cellular devices or how businesses can't and shouldn't be trusted with things that we need to survive like protection and deciding what we should and shouldn't eat.
@@kaic1649 and what about the rest? and does the united states government nowadays control the internet? nope.
Nicely done: peppy, cheerful, and with an energetic can-do tone.
Just one question:
Call capitalism what it really is: Free Enterprise.
Can't wait to get my medication from loot boxes.
I'm going to move to countries with different economic systems, just to compare. Wish me luck.
To all those guys that are putting a thumb-down:
GO TO VENEZUELA!!!
+Just A Man, I'm guessing it's an honest oversight on Prager's part, but the Internet was created by the government. No Internet, no Amazon. The GPS system was developed by the US government, and it owns and operates it. No Interenet, no GPS, no Uber. Not to mention the paved roads...
Capitalism is the motivation for success, Socialism is forcing people to succeed for them.
I get the same wait times with Telecom and other private services. Capitalism is good to the people so long as the companies want to sell stuff, it gets bad once the sale is complete. It is because of government policies and consumer services supported by the Government that keeps a check on capitalists trying to only make profit at the expense of the people. The government is BY the people and FOR the people, so there should be a balance between the Government policies and capitalism.
I really get annoyed when people lump the USPS with other government. for one reason, usps gets no government funding, so it has to budget correctly. it is true that it isn't allowed to create profit, but that is so it is always the cheapest way to ship, at least on the individual scale. however this means it can't make deals with larger shipments. so that is why when you order online, it is more likely going to be ups. oh and for people who like FedEx, they use the post office
Oh no, you just triggered the Bernie-bros!
because you can't save yourself.
Again.
Because we all love capitalism.
A lot of the rich took significant risks to make their families rich in the first place. Starting a business isn't something anyone can do. Maintaining the wealth is also difficult, especially when socialists try to chip it down for "equity". Hell, maintaining the wealth is even harder if you buy super expensive cars and live in really highly taxed areas.
The others were just very, very lucky. But they still had to keep it running or their luck would run out. The socialist types tend to act like they think a somewhat more upper class citizen (not me) is the exact same thing as a multi-trillionairre with many, many yachts.
Bernie Sanders is *NOT* a Socialist. And his supporters are *NOT* Revolutionaries.
OgniRod Good point.
But this is not capitalism... it's freedom of though and innovation
But capitalism also offers incentives for people to keep innovating and inventing.
Mário Santos
...which is a result of capitalism
Yeah but other systems like anarchism can achieve the same?
Let's use spain 1936 as ad hoc, how did the anarchists prohibit freedom of thought?
.... lets summarize, capitalism has no intrinsic superiority when you compare the freedom of systems
Airbnb is largely responsible for insane rent price spikes in metropolitan areas that displace economically disadvantaged people. They also incentivize unscrupulous investors to lease large numbers of apartments and condos and run them as illegal hotels with no consumer protection or health and safety standards, and this in turn causes housing shortages. Without capitalism, there would be no reason for anyone to do this, and there would be no poor people to displace. This is just one of the many, many ways in which this video fails to the nth degree.
why i love capitalism? japanese music.. many thousands miles away and it still ends up on my front door.
Hahahahaha, the only thing I learned from this video is that basically everything you like is called "Capitalism", no matter how much it actually connected....
Only thing free in life is helicopter rides.
No commies, only lasagna
LegendLength The cocktails are made from your own sweat
they have free meals in the gulag, a brutal dish of clay from a coal heap.
You're still a disgusting oligarch, though
Basically no better than the capitalist shills or murderous communists.
dandelions are free
I'm never consciously thinking about that when I use those things tho.
I use youtube, Google and ebay only. No FB, Twitter, Instigram, or any of the other social apps. Still love capitalism. I build Guitars and basses. What incentive do I have to do so if not for profit?
"Government isn't the solution to our problem, Government is the problem". -Ronald Regan
Coming from the biggest state department ghoul
@@spicewilliam9786 He won the Cold War, so it was worth it. Unfortunately, the lunatic Left is bringing communism to America.
@@1pt21jigawatt he won nothing and lined his and his buddys' pockets with cash.
@@spicewilliam9786 The Left wouldn’t have brought the wall down. They love walls that keeps freedom out and tear down walls that let illegal immigrants and drugs in. Leftism is a mental disorder.
@@1pt21jigawatt the wall is a vanity project by a dumb orange man that would have kept no one out.
I saw this video in an ad and I was astounded. Am I a fifth grader who has never heard about the thing that every educator since middle-school has hammered into? I'm not? Then why are you insulting my intelligence. Also if you want me to be impressed with capitalism, you may not want to bring up two of the worst, most destructive companies you possibly could have. AirBNB is killing hotels, lowering the number of available apartments, and making traveling less safe (and using highly illegal practices). Uber is destroying the cab industry and replacing it with a service that can only deteriorate due to its high turnover rate.
TheLueii that’s the thing about Capitalism. Eventually things that then public doesn’t like fails
TheLueii but for now the public puts up with it so it will flourish
0:02
No
This is like saying that splitting a cookie in half is communism.
I too like when my son dies because I can’t afford a $30,000 surgery.
In Socialism both of you would have starved
no ethical consumption under late capitalism, have a great day
Is this a reupload?
anyway, yeah, love my exchange of goods and services.
The problem is, the fear of one idea failing and the creator then not havint enougy money to try it again also leads to things like music becoming extrenly repetitive and lacking inovation
Well the Government invented the Internet.
Dr.Jones No Tim berner lee did
*Serious question, what do people have against capitalism? I don't understand why it's so cool to go against that of all things.*
Durodes Duvo - well many times due to lack of regulation companies exploit their workers which is where this economic system seems to fail. Time and time again it has been observed that corporate entities cannot self regulate. Personally I think a healthy mix of capitalism and democratic socialism is best or what is known as a mixed economy like most countries in the world. Capitalism often leads to cronyism and Socialism often leads to a state run oligarchy, a balance is necessary.
Durodes Duvo there are many regulatory policies the government uses that works in favor of companies and the people for instance net neutrality and grants or subsidies that the government provides. This is coming from an economics student btw.
Either PragerU deletes lots of comments or rightwing-readers flag/report them a lot. I saw many good anti-neocon arguments just disappear ...
Karl Marx
Durodes Duvo I do not step shyly back from your property, but look upon it always as my property, in which I respect nothing.
Is that a Rolls Royce at 2:05?
We're just friends, sorry.
Of course as an ethnic citizen of the republic of Kekistan I love capitalism but the one thing that I hate just as much as normies is the government telling me what to do or to sum it up big government. Praise Kek and glory to the republic of Kekistan.
Note for this video: You love capitalism if you live in first world or own some means of productions.
斯大林主义者拉脱维亚 Of course. It may also be about opportunity and accessibility. Should be looking forward to improving about that.
I think these issues with governments are wholly an United States thing because in Australia we don't have those same issues and capitalism flourishes here and I wouldn't say our governments are any smaller.
lol at all the spooked people who think "crony capitalism" and "corporatism" isn't just the natural consequences of a system that naturally leads to consolidation of capital.
The government is annoying and just holds us down. Come at me haters
what is there to hate? obama care sucks!
J.D. Jessop why does it suck?
Look at the prices in arizona. also it is fascist to mandate an item or service. look it up on wikipedia, i learned it from somewhere else but they have it there too. I looked up fascist economics and found that. also this is one of many cases that show obama as a fascist. the others all have to do with black lives matter similar to the Third Reich or the inner group of hitlers regime.
i might have some of the history a little mixed up
J.D. Jessop - you do realize that Obamacare was initially a conservative policy the individual mandate system was very similar to what Mitt Romney did in his state of Massachusetts and a similar plan was also proposed by the conservative think tank 'The Heritage Foundation'.
I'm one of the many social liberals who agree with this entirely. (and love me some PragerU!) Anything that can be accomplished through the free market, should be. Not the government.
You sound like a libertarian to me, you should go check out Ron Paul.
that's why liberals are worse than nazis in this age
dude prageru is garbage far right propaganda
I can see how this works to some degree, but the idea of a profit oriented company owning, say the water system, is prety scary in my opinion.
Many of the current social / economic problems of the West have been caused by Capitalists institutions moving out of the West, in an incredibly poorly managed way. This Import / Export of cheap labour and re-location to the East, to drive down wages, has left the working classes with an uncertain future leading to resentment and dissolutionment.
While the movement has been planned, and not by the left I would like to add, the impact has not. This ongoing re-distribution of wealth away from ordinary people to the top 5% earners is seriously damaging for our society.
The existing Capitalist structures are not addressing the consequences and are doing little to mitigate the impact. Indeed, I believe the situation is likely to get much worse as the state of play continues unabated. We need positive action / change now.
Yes, but you need a healthy mix of capitalism and socialism. Everything in the video is only shows the good part of capitalism. The bad part is the anarcho-capitalist corporate side of this mess.
Imagine if we lived in a pure-capitalist nation where billionaires owned, the police, fire-fighters, infrastructure and the military. No social security or medicare, you know all the things that protects 50% of the nation from abject poverty. No environmental protection agency (EPA) or NASA. All the big government, socialist programs that overwhelmingly people love. It would be a horrifying condition to live in. Overlord class of 0.01% and 99.9% peasants. Every city in America would be like flint with poisonous water and massive poor population and tiny minority of billionaire who own everything. Capitalism eventually lead to oligarchy. Be careful what you wish for.
Conservatives believe in a government that protects the rights of people in general. That means a military, police force etc. Some regulations are necessary as well. No one owns the air, so you should control how much pollution companies are allowed to expel. We can do without NASA though.
Come on, you don't mean that. The innovation, exploration and straight up national pride that NASA brings for us is priceless. This random hate that NASA gets from the public is shameful. They have done nothing but making Americans proud. Can you imagine a living without GPS? Weather monitoring satellites. Hurricane tracking system; just to name a few. NASA saves lives as well as it makes lives easier.
Mobin Mahmoudi Yes Nasa has done a lot. But the problem is they spend billions to do it. I’d rather pay less taxes then find out more about space. Plus there are privatized space exploration business now
Mobin Mahmoudi you can’t say those are socialist regulations. They aren’t unless it is a socialist economy
You're referring to crony capitalism, which is not really capitalism at all. Kinda like how sea cucumbers arent cucumbers.
i love Capitalism and I'm a working person. I work in a factory as an assembler. The company I work for is growing and they pay us a Great wage. I have Great benefits and my employer treats us with resect. The people who sarted the company are entrepreneurs also. We don't need socialism in The United States we need more Capitalisms..
I 90% agree with the video, just one problem: It's stupid and totally ridiculous to pay more for a taxi, just because it's raining, it's their job to give us that service, Airplanes don't do it, why should a taxi do it? Taxi drivers don't stop because they don't want to bother, not because is particularly bad or hard. Plus, they son't raise they're price because of that, it's because they give other exclusive or luxuries than the normal taxis of the world for just a little more money, well, more or less.
There’s more to the free market than telecommunications services. You forget to mention that government employees are taxed on their own salaries to pay themselves, so in reality government is like a big tumor on the free markets prosperity. This prosperity comes with real labor in digging out, mining and manufacturing, shipping and logistics of raw materials into products, IN CONJUNCTION with sound fiscal policy such as trading in silver or gold. Historically, this has been what’s created prosperity, but then government like a tumor grows and like a leach sucks off the teet of this generated prosperity until one day it collapses in on itself.