The circular flow
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- Опубліковано 4 гру 2024
- Selected for the Pariscience Festival on June 8, 2013 in Paris
Follow the flow, sometimes unexpected, of the money spent by Miss Pink to buy a can of peas in a supermarket! From Miss Pink to Mr. Gino, through the company Orditop, from the company to the State to the employees, the bank, shareholders, etc.: a seemingly complex flow explained in a simple and humorous way.
Source: Banque de France - Cité de l'Économie et de la Monnaie, in partnership with Universcience (This film was presented in 2013 at the exhibition "All you need to know about economics" At the Cité des sciences).
ive been using this video for 3yrs as an example. thanks sir :) probably my class is among the top viewers of this video
It aint
LOVED this video :) I always relate to the creative rather than the mundane - Thank you for helping the circular flow become visually appealing and conceptually understood!
The entire model is a lie.
==========< There is the owner and the employee.>==========
Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself.
The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'.
The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula.
(Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties')
Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws.
Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
Sounds like the voice from "The Stanley Parable."
Explained a concept that takes half an hour at school in less than 5 mins......Amazing
this video is just the best video ive seen
This video is too good. Thumbs up
Thank you so much,, now I understood about circular income flow very well ❤️
this is like Neil DeGrasse Tyson narrating economics in a Morgan Freeman voice
Loved this, helped me understand!
But the voiceover sounds a lot like the Narrator from TSP and I just love that.
But what about a diagram for this? I have seen one but didnt quite understand it.
Ez to understand, fantastic video
The money you spend at the supermarket goes to the supermarket, not the supplier. The supermarket pays the supplier for merchandise beforehand.
your voice is so..idk.. it just makes me want to learn..i wish u were my teacher
You are awesome
Thank you for your video it's help me a lot ❤❤❤
Mr. Flannery sent us
the understanding was clear, but a diagram could've helped.
Thanks a lot though.
The entire model is a lie.
==========< There is the owner and the employee.>==========
Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself.
The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'.
The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula.
(Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties')
Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws.
Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
@@reasonerenlightened2456 Yeah well capitalism is a lie as well
Lmao
thanks
That was excellent.
Great job
summerization on point!
I just found this. Now, the world made sense!!! We are living in a simulator!
Now I know how to bring down the system. Lol!
The entire model is a lie.
==========< There is the owner and the employee.>==========
Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself.
The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'.
The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula.
(Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties')
Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws.
Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
@@reasonerenlightened2456 The Owner EARNS the profit for investing in the bussines, in the machines to make that product possible, in you as a worker and besides these, for the risk that he took for this bussines. If you would be able to make that product home for a less price then it would be fine for your consumption but a bussines company helps also the state/economy growing by paying taxes besides the product price.
@@cimpo327
Ultimately a business is a thing designed to extract profit from the human lifeforce.
this video is fire
My teacher send the link of this video to our class 🌝🌝
omg i'm learning about this is hass and now I know the answers to my upcoming test :O
التدفق الدائري للدخل
Nice
tHANKS, tomorrow is my economics exam
Did you pass the exam?
@@sara69xd I guess we will neber know
Amazing
yep
Thx, now im going to pass my exam
You’re using colors for surnames?!
Haha! I didn't even notice until you pointed that out.
Reply to this comment if your teacher made you watch this!
Teacher want me to say what i understood from this video, tell me what can i say if u know !?
Me too
I really want to like it but there's too much "sound" for me it's jarring :/ I know, I'm sensitive, sorry. But I'll upvote for the good visuals!
bruh why mrs N’zi make me watch this🤷🏼♂️
Im dead 🤣🤣🤣🤣🤣
This video is poes kak🤣🤣
nice vid
wow
forced to watch this ins school. Not terrible.
This guys voice sounds like the narrator from Peppa Pig
Too busy.
LOL GREAT !
Looks like an child’s cartoon
circl'
GDP GDP GDP ALL THE WAY
CPI CPI CPI
a
Ha kaso hooo 12c valo comment karena :-)
Time barbaad kar rahe ho jaaake padho
good nive okay -_-
📣 dANk 😱👌 🐸 mEmES 🐸 oMG xDD📣
Funny 😜
Ez
Anybody else here for school
Me
The entire model is a lie.
==========< There is the owner and the employee.>==========
Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself.
The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'.
The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula.
(Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties')
Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws.
Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
Got the logic after a while