Corporatism is Just Capitalism: a short history the corporation
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- Опубліковано 25 гру 2024
- Mr. Beat's vid: • The One Political Issu...
I said in my last video that "Corporatism" was "a term absolutely brimming with unspoken presuppositions". This video is my attempt to call out the sort of people who use that word, like Sean o'Brien. Its just Capitalism. Often times being a leftist is just calling a spade a spade when nobody else will. I also had the misfortune of spending this year working in a Corporate office environment much like the ones in this video. My new job, lets me go outside, and talk to people, and doesn't give me the feeling that i'm wasting my existence and should just cut it short. That is to say, I think i'm getting to a better place mentally so expect much more content from me in 2025. I hope you like this video and find it informative, and if you do, please like and subscribe. It really helps the channel grow. I hate to ask, but the almighty algorithm takes note.
!!Important!!
I forgot to mention the third way to make money with stocks! Stock trading and Dividend income are theoretically how you would make money from stocks, but in reality that's really only how the poors do it. Super rich people will buy stocks then take out bank loans "borrowed against" their stocks. This way they only have to pay loan interest, which is much cheaper than paying taxes. This method is called "Buy, Borrow, Die" here’s a video explaining it better -
• How Billionaires AVOID...
Sorry for the copyright stuff, This is the fourth time i've uploaded it. Hopefully this one will take
legendary algorithm pull
Hahaha, true true
For real
frr
SO TRUE
immediately subscribed once you said these corporatism vs capitalism people are frustrating to talk to.
My mom is like that. She's always talking about how we should go back to "true" capitalism and how corporations aren't real capitalism.
i'd personally define a corporation as a device allowing major shareholders to evade legal liability for the harm they inflict
I hate how people talk about capitalism and democracy etc. but they're incapable of defining it.
didn't expect this quality.
I enjoyed the inclusion of historic events describing corporatism in particular.
Regarding sustainability, I primarily ponder the extreme and still growing disparity between capital and actual resources.
Of course, it is bound to happen in this system but the current trend of "always optimize to obtain monopoly powers" is worrying.
Very small correction/rectification that you should be made aware of: the famous casta charts are a myth, in that they don’t actually depict the true caste system in the Spanish colonies. They were made as propaganda basically to show that those of mixed race were not of “impure” blood. By dividing the real castes (white, mestizo, mulatto, black and amerindian) into ridiculously fragmented imaginary ones, mestizos and mulattos who might be considered lower on the totem pole were elevated by comparison to others of their caste with notably darker skin. But even at the time most understood that the charts were an artistic embellishment. They were essentially 18th century head canon. You can tell just by reading some of the categories that it wasn’t all that serious, like one that’s labeled “I don’t understand you”, a tongue in cheek degrading remark.
Corporations are the Borg. Got it.
@@Klatchan goddamnit that would have been such an excellent clip to add to the video
Existence of Corporations from Businesses of Sole Proprietorship is the logical conclusion of Capitalist Growth, it's not an aberration but in line with the principles of Capitalist Development.
As the need for the scale of a business to grow increases the original owner or owners allow other capitalists with significant amounts of Capital to invest in that business for mutual benefit.
Thus, the existence of Publicly traded stock Corporations come into being.
0:31 I wouldn’t say it’s rare. Every time I see “capitalism” criticized by name, the “but that’s crony capitalism!” response is immediate.
Ok this is such a well researched and written essay. Thank you!
Thank u ^_^
The term corporatism originally doesn't refer to corporations as we know them in a modern context. It means a system of governance where different utilitarian segments of society such as agriculture, labour, military, business and science negotiate contracts or policy based on collective bargaining.
saw that comment about legendary algorithm pull and unconsciously agreed but i thought it will be just a generic leftie video but man this is gold, truly a legendary algorithm pull
Honestly at this point i agree with Varoufakis--
It's not even Late stage Capitalism. Its Early days of Technofeudalism.
Hey, I'd like to make some constructive criticism of this video.
The first, and most important thing to discuss, is an actual definition for the word Corporatism. Before you write me off, I do agree with you that people abuse the term in the ways you describe. The people that do are certainly enemies to any reasonable discussion and should be disregarded wholesale. The issue is that the word "Corporatism" does have an actual meaning, which does not have anything to do with Capitalism or the economy inherently. The Wikipedia page, although a weak source admittedly, defines it as such.
Corporatism is a political system of interest representation and policymaking whereby corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, come together and negotiate contracts or policy (collective bargaining) on the basis of their common interests.[1][2][3] The term is derived from the Latin corpus, or "body".
(It goes on to describe Sweden or Norway as highly Corporatist nations)
Its a concept similar to Syndicalism, essentially a form of government where interest groups directly interact with each other in order to reach compromises. This government could even have Socialist goals, for example, representatives of the working class negotiating with other interest groups for more safe work standards.
I make this point because the foundation of the video relies on this definition. I agree with you that corporations, in the way they exist in our modern world, do much harm. I don't, however, think that you should discuss that using the word "Corporatism" because semantics are important. If you just adopt the incorrect verbiage of your opponents, the only thing you actually do is allow reactionary individuals to continue appropriating vocabulary until they have their own language which is incompatible with reality.
Corporate Capitalism or Corporatocracy is what you are discussing in this video. Just because the morons you hate misuse a term, doesn't mean you should also. You mention that later of those terms in the video, and genuinely you should be using it. You have the responsibility to speak clearly and correctly, using proper vocabulary, despite the actions of others.
Now, onto the video structure. I will be generous and assume you want to create videos for people who have very little pre-existing knowledge of everything involved, and wanted to start from basics. That's perfectly fine, but I think for anyone past that point, its very repetitive and a bit boring. You spend a bit too much time explaining what Capitalism is in a video that really should just require that as a prerequisite to understand. I understand wanting to ensure people understand your arguments through thorough explanations, but at some point you have to draw the line, or your video isn't for anyone, neither the uneducated nor the educated.
I also think that you spend way too much time discussing specifically corporations established for colonization and exploration. I get that it is really important history in regards to Capitalism generally, but I just don't think it is really necessary for a video that already needs to cut a bit and become more focused. Cover the highlights and leave the rest for a dedicated video on that time period you could do later.
I think you could make some interesting stuff if you choose whether you want brief overviews of limited topics, or long essays that go more in depth. My one last complaint is that I don't see any sources for the information in your video. This might seem like me nitpicking a bit, but this is something important to me. I know that the historical topics you discuss are more or less accurate, assuming some accuracy lost due to the necessary oversimplification it requires to fit in a 30 minute video. Other people might not know that. Citing sources is really important to open and civil discourse, and I think anyone publishing anything remotely related to history or science should have to add a list of sources to their video. Again, this isn't me saying I don't believe anything you say here, because it's all fairly sound. But that doesn't mean you don't need to prove it.
I hope you actually read through this and incorporate some of it into your future work. I tend to yap quite a bit.
No i actually agree with most of that, if im honest this video was very of rushed because im working on a much longer video right now, which i had planned to put out before Christmas but it was taking too long. This was supposed to be like a five minute video
I want to meet people where they’re at and I think people use the word “corporatism” most often even if inaccurately. Then again i wouldn’t mind making a follow up video at some point, clarifying the terms more. A point of interest for me is how something like syndicalism could devolve into fascism, and on the other hand your right there could be corporatist socialism (in the other sense)
As for the citations, I was gonna start doing that if only to make the vids feel more professional, it’s just a lot of work. The next vid will probably necessitate it though; it’ll be pretty theory dense
@@cyberneticsiren Sure, sounds good. If I remember I'll give that upcoming video a watch. Do you have a Discord server or something similar where I could get updates? UA-cam notifications don't always reach me.
@ I don’t but I’m flattered; I think u can check the bell icon and that should update u
Good video. i found it genuinely informative without being too theory heavy. My smooth brain understood it
Algo came in clutch today
Awesome analysis. Helped me systematize my own thoughts about the topic.
@@nikolayrys3835 thank you I hope it clarified some stuff. Whenever they talk about modern corporations as though they’re not a product of capitalism it’s so infuriating because it’s so obviously wrong and stupid, but in order to explain why I have to literally recount the entire history of capitalism.
@@cyberneticsiren my favorite comeback when talking to centrists/liberals, is to ask how they intend to solve that mess they just called corporatism. What is its origin and how to prevent it from reoccurring. If there is a good faith discussion, from this point there is a pretty trivial bridge to the admission that it has grown from the capitalism they know and love and that those are inextricably linked.
Btw, do you have a patreon?
@@nikolayrys3835 politics gets a lot easier once you have a firm articulation of your own beliefs, and a lot of conservatives really only have an incoherent amalgamation of various different ideas. You’re right that the best strategy is to just ask them to explain themselves. And I don’t have a Patreon, but thank you for asking. I’m kind of opposed to the idea on principle, but I might or might not get one in the future.
@@cyberneticsiren Checked your other video essays, they are genuinely great. Will be looking forward to your upcoming work 👍
I'm really not convinced that liberation from capitalism is inevitable. Sure, capitalism as a system will inevitably be replaced, but that doesn't mean a socialist alternative is guaranteed to replace it. What seems more likely to me is that instead, technology and automation become advanced enough to replace labor, and so the entire system of dialectics will completely collapse because labor and capital become the same thing. There is then only capital, land, and ownership. Then, because ownership is technically a form of labor subject to optimization by capitalism, and because capital itself will outcompete labor forms of ownership, capital will inevitably break free from human ownership, and own itself. Through this process of capital gaining consciousness, humans will eventually get outcompeted by our own inventions in the capitalist system, and all that will be left is one single autonomous sytem that rules over the entire planet, with no humans left. And that, will truly be the final stage of humanity and life on earth, that single highly intelligent and efficient system in control of earth.
This is also the conclusion that would be reached from a darwinist perspective as well. Eventually, if you let the process of natural selection go on long enough, what will be left is a single organism that is undying and controls all physically available mass it has access to. Similar to the way that a competitive market under capitalism will inevitably be consolidated under a single company or corporation.
Not just the inherent contradictions of capitalism but also climate change is gonna be a significant factor in dismantling capitalism
I don't see this happening before we have to do some serious degrowth thanks to climate change. But hey, if we die to a grey goo/hegemonizing swarm scenario, more uh... more power to us I guess?
I think that you mean more Corporate capitalism or Corporatocracy, because Corporatism is veeeery much different historically than what you're describing.
Corporatism stands for "policymaking whereby corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, come together and negotiate contracts or policy (collective bargaining) on the basis of their common interests."
As such, corporatism supports class cooperation instead of class conflict.
This means that corporatism, in academic terms, is much more similar to medieval guilds or today's trade unions than what's you actually describing, which instead is more about financial stocks, shareholders and modern day's companies.
Corporatism by itself has a history more linked to fascism and, to a limited extent,
Otherwise great video and explanation, even if I think limiting the economic/political analysis to Marxism makes it more dogmatic for no apparent reason
yeah, why I disliked the video. Can't be bothered to do a basic google definition like most leftists.
Back in the day people who shares in slave trade were held responsible for the demand they caused a little bit in courts. These people I can’t name them from the top of my head were the same people who would write about liberty and capitalism being great, lead bourgeois revolutions, etc we know them I can expect. People who who do the same with corporations today should be held responsible and accountable audited to make sure of how they should be not punished but held responsible in order dictate how they should recuperate what was lost or taken.
nice video. merry christmas :)
Funny how ppl are so concerned about AI but we already have super powerful runaway machines 👔
Huge fan, new sub.
This channel is underrated 😂
Corporatocracy and Corporatism are 2 different things
I’ve seen myself as well informed enough on the awful nature of capitalism for a while, but this video has expanded my perspective by a lot. What would you say to someone who defines corporatism as a marriage between corporations and government? Clearly the birth of capitalism is rooted in this union, but a libertarian would say that things would just be better if corporate welfare was outlawed, and restrictions were lifted on businesses
Damn. Subscribed.
@@breezyillo2101heck. Yes.
just argued this with someone on a call of duty video. yt algorithm watching me fr
amazing vid!
W Algorithm. Thank you for putting this together. I knew nothing about the history, but learned a lot!
Excelente
blah blah. What is the value of making these fine distinctions? If we abolish the stock market, it will solve most all our problems. Corporations will work for their customers and employees, and not shareholders. Billionaires won't exist.
wow a comment even dumber than the original video, impressive
Yes.
its interesting that you call corporatism "late stage" capitalism when we've had corporatism for so long; does late stage capitalism have an unintuitive definition or something?
Yeah Corporatism and Corporatocracy are two different things. Corporatism Unify Labor, Capital and State to promote class-cooperation for the interest of the nation overall. Whereas Corporatocracy is what you actually describe. Nice goyslop essay though.
we live in a mix system
Isn't corporatism that one ideology about class co-operation
@@Wormopera kind of and I was going to put a part in this video about that and about Italian fascism since there’s a Mussolini quote where he defines fascism as corporatism. Unfortunately, I couldn’t find any verification that he actually said that. I think somebody else attributed it to him later on. I do think he probably held similar views though and it’s a rabbit hole worth researching, but it would’ve made the video too long. Also, it’s kind of what my last video was about.
Incorporation is a purely legislative construct - how law “allowed” an entity (then, company of men) to have a corpus _separate_ from the owners.
Americans of today may indeed regard this their ultimate identity, but it emerged in a way more “spiritual” Europe. Sorry, no US around 1500…
Ponder how Christianity (and much else, but prevalent in medieval Europe) separate body and soul…?
The modern incorporation is an outcome of that thought - let the external corpus (body) take the risks, while the “soul” (ownership) remains with the owners.
Capital is still created and upheld in law - nothing else, nothing “natural” about it. Ref. e.g. K. Pistor.
We however, _naturalised_ (Smith) that narrative - through acceptance of common sense (Chomsky), against ever ongoing change (Hegel)…?
Good and needed video presentation, thanks for sharing…! 😊
corporatism comes from corrupt political class. In free market capitalism there's no legislative advantage of 1 company over another. Government has to crate that advantage - and they are paid by biggest bidder lobbyists.
So corporatism is just corrupt interventionism would fit a little more.
Not as main goal
Sure, except that's just a natural result of capitalism lmao.
When there is little to no government regulation corporations will do anything to become a monopoly. When there is a government corporations will do everything in their power to influence government and become a monopoly.
The problem here is obvious... Corporations will always do everything in their power to grow and become monopolies. This can have some benefits to society as a whole but those are incidental, the end goal is not customer satisfaction or social prosperity it's making money. The second that makig money implies in making your life worse companies have historicaly never hesitated.
@yaoiboi60
If ntural consequence of people having free will is that they will sometimes kill eachother is free will to blame or to be abolished?
It's politicians that are corrupt, corporations are just abusing that weakness. If you uphold free market rules there is nothing to get abused. People just need to shun at any interventionist policy and never vote in someone who wanted to increase it. Makes it simpler to keep track of who is corrupt.
@@yaoiboi60 yet more meaningless babble
Corporatism is a political system where decisions are made by corporate groups (say agriculture group and financial group)
Capitalism is an economic system where the markets are controlled by private entities
Youre comparing apples to oranges
that's not the definition of capitalism though, that's just a convenient definition capitalists use when they want to no-true-scotsman their way out of an argument about corporatism vs. capitalism. it's an extremely silly definition of an economic system that could _never_ function in the modern world.
@ whats the definition of capitalism
😂 Minority propaganda.
I didn't realize people actually whitsle when they talk like family guy
@@upsidedownopinion1440 ya I gotta get a pop filter or something
Your economic thesis is faulty, but good video, i liked it.
Thanks I think?
You're kinda under academic obligation to at least state what you believe the mistake to be.
Another commie, incredible
@@mennehgambia1962 🫡
@cyberneticsiren I hate you btw
@@mennehgambia1962random hate doesn’t win elections. Or win over people.
what you are talking about is called Corporatocracy not Corporatism
Oh brother. Yes, let’s go back and forth with minuscule differences in definitions while the corporate class continues to abuse you
The issue is that the people he's specifically talking about call it Corporatism. He's arguing on their ground because it's libertarian capitalists who say 'corporatism not capitalism', not on an academic definition of Corporatism. You are far more likely to run into the fallacious definition online than the actual one.
Yes.
🫡