Capitalism has led to the most wealth creation in the history of the world. As any student of History will tell you, there has never been more prosperity in the history of humanity than there is right now, and this is due to capitalism. Conversely, socialism and communism have led to more oppression, death, and starvation than any other economic system.
@@hellocrappy that is right! And prosperity for almost all. Not just those at the top but for just about everyone who chooses to participate can achieve prosperity to a degree. The Robert Reiches of the world would have you believe there is the ultra rich and everyone else is dirt poor. It's not true. But, it would be true if they get their way.
Anti-capitalists aren't smart enough to understand that under socialism, you don't get Tesla's, you get Trabant's! My economics prof used to say "if socialists understood economics, they wouldn't be socialists".
You are 💯 percent correct. I can't believe some Americans, Hollywood actors, and Democrats, usually those who are very wealthy, talk bad about Capitalism. The same system that has made them very rich.
@@bobwilson3980 Actually he didn't even write the book (Das Kapital). He stopped writing after volume one and spent Engels' money just getting drunk and likely still having sex wiuth his housekeeper. The latter two volumes were compiled by Engels from Marx's earlier essays.
And Marx was related with the Rothschild family (the richest on Earth), that financed his subversive work. People don't understand that Marxism wasn't to benefit the poor and the workers, but to USE them to establish an ethnic dictatorship over the gentiles. Rabbi Harry Waton: “It is not an accident that Judaism gave birth to Marxism, and it is not an accident that the Jews readily took up Marxism; all this was in perfect accord with the progress of Judaism and the Jews”. Waton, H. (1939). A Program for the Jews and Humanity; An Answer to all Anti-Semites. Published by: Committee for the Preservation of the Jews (New York). p.148. Sever Plocker (Jewish journalist): “Genrikh Yagoda, the greatest Jewish murderer of the 20th Century... Yagoda diligently implemented Stalin's collectivization orders and is responsible for the deaths of at least 10 million people. His Jewish deputies established and managed the Gulag system...”. (2006, 21st December) "Stalin's Jews". Ynetnews (Israel).
High school. - 1991-1994. Small town Boyle, Alberta, Canada. Gr 10-12 social studies 30 Not only studies on the World Wars, but also about Marxism, Stalin & Lenin. Capitalism, Socialism, Democracy Everyday, current events-newspaper clippings were to be brought to class-local, provincial, Canadian, & worldwide articles- so class discussions could be held.
The problem is if you take power from companies, which produce wealth, and give it to the government which does not create wealth. You get an over spending inflation creating corrupt government, were government officials get rich while every one else becomes equally poor.
It's the goal of EVERY regime. This is exactly why the Founding Fathers of the U.S. tried so hard to design a system that would never allow absolute power.
When someone opens a business, his initial success is dependent on his own potential, but no business or industry grows without taking care of the workers. Quality of life only exists in a capitalist society.
'Although markets have changed over time, they haven't led to the prevalence of monopolies.' Yes they have. A handful of giant corporations produce and distribute most of the world's food. And a handful of tech titans effectively control everything now - including, most importantly and drastically, our minds.
Yeah...I take that back. That statement in the video is not correct (in my opinion, but I haven’t looked into the statistics to back it up what defines a “prevalence of monopolies)
A monopoly is impossible without a government force violating the free market. Otherwise, how do you explain apple not making every phone on earth, despite being the ones who created the smart phone? How do you explain Blackberrys death? Kodak's? Sega? How do you explain the American auto makers going from dominant to garbage to forever playing catch up? By your logic, this would all be impossible. Anyone who achieved a monopoly should rule its own world, and it is not the case. The free markets are, without a doubt, the best economy system possible. Marxism is invariably flawed in every aspect, the mantra of envy and resent. Nothing good ever came from it.
@@IllustratetoEducateit's great that you acknowledge the mistake, but you really should correct the video as well. Otherwise, this mistake lives on forever to provide misinformation to people looking to learn and make their own decisions about what Marxism is.
To fully understand communism you must fully understand capitalism. To me, capitalism is what exists in a free society. Free markets mean freedom to me. Sadly, Marx's vision leads to authoritarian dictatorial governance. If communism is good and capitalism is bad, why does the Soviet Union not exist anymore and the United States has the biggest economy in the world?
Uh.....China? China and Communism are playing chess. The U.S. and capitalism are playing corn hole. What do you think the odds are at who's going to be around in 100 years? Ha, 50 years....
It also leads to the thinning of diverse ideas and processes for the manifestation of production, thereby virtually eliminating innovation and ultimately, survival, in an ever changing world.
@@reesevirgin2105 The idea that the only way to get innovation is through monetary incentive is the antithesis to the entire field of science and all fields even vaguely related to it
Name me ONE country that defines their country as a Marxist society! Also, back up your words on a today's spectrum. Not a decade or more affiliation. The rich will always oppress the poor! That's why Jesus said it would be easier for a camel to entire the eye of a needle, than for a rich man to enter the kingdom of heaven.
There have only been two real world experiments where a single society was split into a more socialist half and a more capitalist half. Those are East/West Germany and North/South Korea. Both experiments resulted in economic and humanitarian disaster for the unfortunate souls who found themselves on the socialist side.
@@bladefeather2293 to each according to his need absolute dependence is what marxism is, its a bondsman society the very thing it swore to destroy... people should seek welfare capitalism aka what the nordic countries have
@@FoxenWulf trying to implement a Nordic model on countries that aren't doing that great isn't a good idea entirely cuz people can become dependent on that welfare , examples would be Argentina and Philippines having forms of welfare but due to economic stagnation and other factors have become burdens
I think Marx made some good points, however he instead of a revolution (un-)intentionally made a neo-religion of severely dangerous people like Stalin, Mao and Castro, who ended up killing more than two world wars combined.
Marx would have been more successful if he would have said that God told him to write the Kapital, and that everyone who fights for communism and gets kicked, will go to paradise
@@jalalal-dinmalik5597 Even "Marxist Intellectuals" (the term is a self- contradiction) including the CCP, concede that economic Marxism is nonsense. The next 70 years will see the minds of the young poisoned by "Cultural" Marxism.
A federal minimum wage sounds pretty socialist to me, I think you should go protest in favour of abolishing a minimum wage to give more freedom to corporations
Many people in this thread don't understand what monopoly means. To be in monopoly a company must control more than 80% of the market. That's nearly impossible in a global economy. The only monopolies are the ones that are closely intertwined with government. Marx predicted the end of Capitalism within his lifetime. After Marx died economic growth went through the roof. The best 150 years have been incredible with massive new technologies and huge improvements in child mortality rates. We live in the best time of all human history and people want to whine about it on the internet on their $1,000 iPhone.
@@no89lan3 when my dad was a kid he is in his lower 70s and others older then him were younger it seemed many people struggled just to feed there families and they didn't have TV internet cellphone. I'm they lived bare minimum and still barley got by. My view is things in the last 70 years has improved.
I can't thank you enough for the great videos. As a visual learner, so far, this has been the best video I've ever watched. I learned so much from your way of explaining it. Please cover more economic lessons in your next videos.
The first two criticisms of what Marx predicted are completely true though lmao. Capitalism as it has matured has become increasingly consolidated in monopolies and the largest firms have more power than ever. His prediction of boom and bust cycles and depressions was also completely accurate. We're about to go through another recession right now and despite being told they were rare occurrences or would diminish in frequency, this will mark the 5th global economic crisis in just the 21st century. If anything Marx's ideas are more relevant in today's world than they were when he wrote it, because then the working class was not the majority and capitalism was not global. Also of course societies without money, private property, and competition have existed. Capitalism is the only time in history where markets are the central mechanism of production. They existed before in some societies, but it wasn't the foundation of the economy. That makes capitalism historically contingent, and it'd be odd to say the features of a capitalist economy are permanent. Was Rome or Egypt permanent? Was the divine right of kings permanent? Why would today be any different?
Monopolies were formed thanks to the government intervention in the market, lobbying and regulations are the most responsible for ruining the competition. Capitalism is the most compatible with humankind even despite it's flaws and as Rome and Egypt weren't permanent we are still referencing to those times and looking for inspiration from them, also fact is that true capitalism never meant state control over the stability of the market and this is something that currently is being supported by the biggest tycoons. Current system is the closest you can get to mix of socialism and capitalism. Wtf? Back in times there was no middle class.
@@bowwak5366 You forget it is the communists themselves that help the capitalists. Why? Because big corporations are needed to control/oppress citizens/consumers. Communism was never about equal share but all about control. Over everyone. They needed to sell the lie with lies about equality.
Yes, there is a big difference. We have some capitalism and some socialism (including corporatism,). Fortunately, we are less socialist than much of the world to our material benefit.
let's work this in reverse, which political system has led to the most deaths and malfunctioning economies? there is no need to ponder over this question, the result are out!
The capitalist Thomas Midgley Jr. Is responsible for more deaths alone, than the entirety of what communism is blamed for, even though the big black book of communism which boasts a 100 million death count, counts Nazis, people who stubbed their toes under a communist regime, and counted unborn births from population decline due to World war 2 in Russia as deaths
@@ryanmclaughlin2678 I've heard that North Korea has had it's issues. Then there's Mao's cultural revolution (at last count 40 million dead), and Stalin and Lenin weren't exactly nice guys. And BTW, Cuba's food under Castro's regime totally sucks.
Socialism and communism will never work. We have seen it over and over again. For example, all the countries that have implemented socialism and communism have failed miserably. Starting with USSR, Cuba, and most recently, Venezuela. In paper and theory socialism looks great. No big companies or rich owners who will take advantage of the lower classes. What they forgot to tell you is that there are not going to be different social classes because there are going to be only one. Those in charge, the government must likely dictatorship, who owns everything, and the rest of the population starving and dirt poor. Any time you hear the words "Big Government," run for your life.
@@gretchengraef3012lol go to any college campus or follow damn near any celebrity on social media, go listen to your vice fkn president and understand what a marxist talking point is for fks sake. But whatever you do don't ever listen to Yuri Bezmenov talking about Ideological Subversion because your brain would explode unable to process what's actually been going on. Go back to sleep sorry I tried to wake you from your slumber.
@@gretchengraef3012 Gee, Skippy, I dunno. Can't really think of anyone insisting that companies and investors make too much, that price controls are a viable option, that "price gouging" is a real thing, that class warfare and wealth distribution is appropriate, that capitalists don't pay their "fair share"... You're absolutely right! Absolutely no politician or political party embraces any of these tenets of Marxism. No one ever....
The beauty of a capitalist society is that if you don't want to labor in someone else's business you can start your own. If you cannot start your own, then maybe you should accept that it's why the person who did start a business and was able to provide jobs for others gets paid more than you do.
I mean should an ordinary peasant thank and accept the monarch who gives them employment in let's say the army? Or should a slave accept that the slaveowner makes more than them? A large part of Marx's work was trying to juxtapose capitalism with societies of the past, and as all previous societies had transitioned at some point, predict that capitalism will also do so.
@@positivelysimful1283 and the reality of your statement about starting one’s own business if they don’t want to work for someone else can only be realized in capitalistic society. For those who would argue that opinion, name one entrepreneur who lives in a socialist country. You will be hard pressed to find one. We have more entrepreneurs than any other country in the world. That will all come to end if our young people don’t stop drinking the socialist/ Marxist koolaid. I work with teens and I ask them what they are learning in government and economics classes in high school. It certainly isn’t the Constitution or what made this country great.
A lot of the things that people call monopolies really aren't, but in that there actually are monopolies they are the result of government intervention: the granting of special privilege.
@@Nanofuture87 No, it's government intervention that prevents monopolies. You say they "grant special privilege" but that just means that they don't regulate those particular companies the same way they regulate other ones. The free market always leads to monopolies on its own, that's just basic economics.
@@AllHaiLKINGTIsHeRe3 I'm sorry, but that's simply false. The free market does not result in monopolies in any conceptually meaningful sense of that term. Monopolies in the real world are the result of the granting of special government privilege.
@@Nanofuture87 Are you gonna provide evidence for this, or just assert it? Let's just think about it conceptually. You have a few businesses competing on the market, one of them is more successful than the others, giving that company an advantage of resources over other competitors who will come later, and that special advantage that they have perpetuates itself until some other circumstance breaks up the monopoly. Why do you think monopolies have vastly increased in the US since antitrust regulations have been weakened? Just a coincidence?
Your explanation was so simple I actually understood the difference for the first time. I’ve subscribed in the hopes that I will see your work again. I believe that communism will never take hold in the United States because the “ruling class” of wealthy individuals has worked long and hard to separate blacks and whites, city and country people, and obviously, the rich and poor. Therefore we are hopelessly divided amongst each other. They keep us thus in order to assure that we can never unite to effectively create a majority to overwhelm their divided system. Unless we unite, we can never become the majority that we undoubtedly are with enough power to replace the current government, of whichever party. But, I still believe communism is not something the American people will accept. We are rugged individuals; we have been built by hard work for just wages. As a majority block, we can creat a more just society where work will earn you a living wage, but we are deep down against those who expect the same without the hard work. Now fascism is something else entirely. It has been creeping up on us for over 8 years now. We are closer than ever for the final triumph of fascism in this 2024 election cycle. It is up to each individual voter to decide between outright fascism and the continuation of the status quo. It will be within the status quo that we may someday unite to even the scales. I love the way you stimulate my mind. Please keep it coming.
I disagree. The "class divide" is significantly closer together now than ever before. Almost everybody today has the opportunity to create wealth due to technological advances, whereas in previous generations it was impossible. We as a generation are far better off than our grandparents, or previous generations. Communism will lead to corruption like in China, North Korea and Soviet Russia. Not nice places to live, stripped of all hope, ambition, quality of life and opportunity. Capitalism is true power to the people as individuals have opportunity. Communism is power to the government where it will inevitably be corrupted and the people will suffer.
Because Marxists and people Marxists have fooled constantly bombard you with nonsense about how horrible capitalist societies are to make you mad at companies when it’s politicians and Marxists causing all the bs.
@griver007able interesting that you would request this as it is a niche related to clinical psychology. There is a neuropsychological compendium text book that you can buy that offers almost every single assessment you are looking for. UA-cam is NOT a great resource for such a topic especially since this is not a professional platform and can that kind of information can be misused by the general public. I recommend studying at the doctoral level to understand more about psychology assessment or find a just as a psychometrist.
Very good distillation of complex concepts into visual blocks (icons) representing the various elements for purposes of this brief yet powerful discussion. DEFINITELY BOOKMARKABLE!!
It is not wholly factual. Marx never said capitalism would be “led by enlightened leaders of the proletariat”. That is Leninist nonsense. Marx and Engels said it would be the working class themselves, united to achieve what’s in their best interests, who would overthrow capitalism and replace it with socialism/communism which were exactly the same thing for Marx and Engels. Socialism and communism are NOT different stages. That is also a Leninist distortion of Marxism. Also, a boom-bust cycle IS an inherent feature of capitalism.
The definitive document of Marxism wasn't the Communist Manifesto, it was Das Kapital. I think you can be a Marxist without being a Communist, that just means you agree with the description of the problem, but not necessarily the prescription being offered. You can also be a Socialist without being either a Communist or Marxist. Socialism preexisted Marx (it produced Marx), and is an anti Capitalist movement born in capitalist UK. Here I'm using a more specific, academic definition of Marxism, as a perspective in political economy. It's difficult to understand anti Capitalism without understanding the history of Socialism in the UK and USA - it was there before Marx, after Marx and without Marx. I'm not sure exactly why we still find this political economist from 19th century imperial UK so fascinating, must have been something he said...
@@jerrycoggin9434 The way I read history, the Pilgrims pre exist both Socialism and Communism. At that time, their ideology was better described by their religious denomination. Capitalism had already been formed, under Monarchy, but was still in its infancy. The irreligious social movements that formed in opposition to Capitalism under the banners of Socialism and Communism hadn't developed yet. At this time, denominations took different approaches to the power struggle between capital, the Monarch, and the clergy. In the English civil war, religion and capital overthrew the Monarch! Many Pilgrims that were fleeing religious persecution, were effectively exiled for their stance towards the Monarchy.
The West is no longer Capitalist, it's essentially Socialist (despite the effort of socialist governments, a tiny few accrue super wealth.) Productive, conscientious individuals are heavily Taxed, while vast numbers of non Productive (working-age) individuals are paid very generous welfare.
@ywtcc The idea of socialism and communism had not been described by any economist, Marx or Engals had not been born. But when they arrived in the new world and established a colony their economic model for the colony closely resembled what much later on became known as communism. The new colony functioned like a commune. Everybody pitching in for the good of the collective. Sounds great but functioned poorly.
I'm pretty sure Marxism was a updated form of Lutheranism which was an updated form of Intergentalism (Interracialism or Blackism). One is Occidentalism and the other is Orientalism
In the fascism video you talked about the killings and authoritarianism, but in this video you make no mention of genocides or the authoritarianism that came with marxist ideology.
@@Angel_559_ You can blanket anything with any term but what actually happened, is what actually happened. This can be said about fascism as well. So why was it not mentioned in this video that there was also mass killings of people; let alone it be that there were millions upon millions MORE killed under Marxist ideologic rulings.
It seems big government leads to less competition where the large corporations keep getting bigger thus making it harder for small businesses to prosper. In essence, government regulations have the opposite effect it claims it is seeking to achieve.
With Capitalism a person can start poor and uneducated and become wealthy, furthermore a person of wealth can lose their wealth. With Communism/Socialism the poor have no opportunity to become wealthy, legally that is.
@@Potte-w7f Good advice. But since he's not a socialist and understands its real world implications, he is not the one suffering from that particular problem.
I always thought it was cool when companies had profit sharing for their employees. It would encourage the employees to work harder and better and more efficiently, in my inexperienced opinion. It would also encourage the employees, as CONSUMERS, to purchase the products they helped make. Is this a good way to solve conflict between the 'classes'?
As a former Marxist back in the 60s&70s, I lay the defect of Marxism -Leninism on 1) The nature of Dialectical & Historical Materialism (the theoretical core). 2) The concept of Democratic Centralism that is actually anti-democratic.
I think a breakdown of Marxism should, by default, include the "features" said ideology comes with. Socialism requires the creation of an all-powerful bureaucrat state. One that can at will remove everything from its people, backed by the threat of violence. It also requires this new party to somehow be kind and incorruptible so as not to abuse its absolute power(lol). All Marxist movements have led to enormous misery, loss of rights, loss of culture, and caused the greatest genocides we have knowledge of in history. Far more useful facts to include than the 3 "critiques" you detailed in the video. When you live in the abstract world of a classroom, theories and critiques are all you have, but when history has already provided you with real-life experiments, that's what you should focus on.
What is missing in these discussions is morality. One of the reasons Capitalism in America did well is because of America’s fundamental belief in fairness and charity. I know several companies were ruthless but that was usually towards other companies and buying off politicians is as old as time itself. But we prospered as a nation because capitalism and free markets, married to a fundamental sense of honor baked into our foundation, allowed for us to thrive and to develop social safety nets to help the poor and disenfranchised, bring about significant social changes, and to make the entire country have the “American dream”. The belief that you can go as far as your talents and work ethic will take you. As we have grown over the decades, our country has lost its soul. We are much more greedy and all the conversations revolve around power structures, wealth, and injustices. This is a very damaging Marxist influence on our culture that pits people against each other and destroys our foundations of “we’re all in this together” and working to make things better for all. We are now obsessed with money and status and righting imagined wrongs just because some activist screams loudly and some politician pounds a podium and demands change. This adversarial landscape is destroying us. We are no longer united and all you have to do is listen to our leaders speak. It won’t be hard to determine who’s bringing us down and who’s trying to bring us together. THAT is the real threat of Marxism. The destruction of morality and the disunion of people who not that long ago were brothers and sisters striving for a better life together.
@@AvaSession7Ex there are many enemies of America and they have competing ideologies. But the one that seems to have its hooks into the most institutions and influences our politicians, media, and culture the most is Marxism (and varying other flavors of socialism/communism/Maoism).
@@matteobtch2690Eh I’d argue that people were greedy, immoral and power hungry even before capitalism existed. I think those characteristics are flaws in humans that we must battle.
@@phoenixhoneybee thank you!! You definitely understand where I am coming from! Yes, if people would just keep themselves in check then a lot would actually be better. Whether it be capitalism, family issues at home, politics, environmental care, etc.
As a son of Cuban parents I have knowledge in regards to the horrors of communism. Please go to Cuba for a month and come back and tell me if you still think communism can work.
You left out some of the more salient aspects of Marxism, like the violence needed to separate the people from their property, the inevitable starvation of millions of people because communal farming is always an abject failure, the need to force people to work at the point of a gun because people are not inherently altruistic and willing to work for the benefit of others, etc.
I grow up in socialist country. All employees are company owners. If company has 20% les job load, nobody gets fired. You get 80% of your regular wage.
EXCELLENT video, it was very infomative, concise and easy to understand. You earned a new subscriber +1 👍🏽 I hope your channel blows up, you deserve way more views for the amount of effort/research you put into your videos. 😎
Marx disapproved of Engels having a mistress not because having a mistress was "bourgeois" but because the one Engels chose was common. Also, the widely misinterpreted "Religion is the opium of the people" doesn't mean that the poor got some kind of "buzz" from faithvbut rather the use of opium at the time was for simple pain relief. A modern version might include "paracetamol" for opium. Excellent video, by the way- very illuminating. Thanks for posting.
Capitalism is not monarchism. The principle good of capitalism is labor and all those who give their labor have a right to property of equal value. The other economic structures insist that only those with access to power or precious metals can own property. The communist failure is that nobody has a right to property and so nobody has incentive to work. As John Locke said government exists to protect property and each of us has a property that is our own. Our body and minds are inherently ours.
@Max basically that the state owns the means of productions in socialism. While in capitalism is private property. You are against private property in favor of the state owns and run your life?
@Max I disagree. Capitalism does not have a class system is not stagnant anyone can succeed, you can be in the 1% while people that are the 1% can lose their place, etc. Socialism is a dictatorship becuase the Government has to control the means of production . Slavery and feudalism don't go together with capitalism.
A few counter points. "Lowest possible wages" is misleading. Competition between industries and market demand determine wages. Those companies who offer the best wages will attract the best skills, which lead to productivity gains over their competition. It's a cost-benefit calculation. And another factor overlooked, turnover is expensive. Onboarding and training are expensive and time consuming, and it's a wise employer who seeks to retain employees by financial incentives. Bottom line, Marx didn't understand the free market, he was wrong about competition, and never got to see the prosperity that capitalism would create.
This video doesn't represent Marxism well at all. Marx was a historian not an economist. His spent his life identifying a pattern throughout human progress, he did not criticize capitalism in favor of socialism and communism. He saw that capitalism leads to its own demise and predicted that socialism and communism were to arise when the working class and business class clashed. Marx stated an over abundance of resources was necessary for socialism to take hold, he stated that capitalism would be incredibly wasteful with their production and that is true, look at how many useless things are sold that people buy. The only thing that has saved capitalism in the early 1900's was monopoly busting. Consolidation of wealth will inevitably lead to socialism.
I guess the only thing that is becoming more of an issue with the criticism is the fact that some of it just not true anymore. Monopolies are in fact becoming more and more of an issue, and without the state intervening it would been a massive problem. And the state intervening is in fact a socialist approach not a capitalist approach. So saying that Marxism is wrong because it did not appear is both wrong, as well as the examples not being relevant to the capitalism it was referring to for its time.
@@theropesofrenovation9352 Point to a couple instances then where socialism failed solely because of its own internal difficulties, with _no whatsoever_ interference by western nations. I'll wait. Maybe you'll review some history while I'm waiting
Nonsense, Amazon competes with eBay and other Market places, Time Warner compete with Sony & Disney, Google compete with Microsoft and may be displaced by a new AI start-up in a few years. In Marxist economies State-owned monopolies lead to stagnation and very poor quality goods.
There are monopolies, and competition has been steadily disappearing, or actually being bought out. One world provider of all goods and services....here we come.
Imagine worshipping a man so lazy he allowed his children to starve and die rather than simply work. A man so economically unintelligent he spent multiple inheritances that could have lasted years in months. 😂😂😂
Marx's Foundational Tautology Marx writes (Chapter 24, first paragraph, Capital, 1867), "Hitherto we have investigated how surplus-value emanates from capital; we have now to see how capital arises from surplus-value." See the tautology? How did this tautology get past the initial reviews? How did this tautology survive the intervening 157 years without being discovered, except for this political scientist? This again illustrates the magnitude of the Marxist co-option of our institutions. Let's analyze the sentence's tautology... Surplus value is generated by capital, but capital is created by surplus value!
Good vid, but for those who want to get to the point, it's in the very final sentence of the video..."history shows it's an unworkable concept." Have a nice day.
Workers have the same opportunities as business owners. When the business owners started with little resources, many were just workers, too. It's called Free Enterprise!
What? Communists are more like "The nature of capitalism and the relationship between capitalists and the working class is fundamentally exploitative, and the capitalist mode of production leads to profit being prioritized over the common good of people which entails the destruction and pollution of our environment, massive wealth inequality, and monopolies. It is a flawed system for many reasons and should be replaced."
Capitalism isn't a perfect system. We're human beings- we're imperfect beings, we don't invent perfect systems. With that said, what Marx and Engels drastically underestimated is how capitalists would create incredible economies of scale, allowing all of the human race to be lifted up economically over the past 150 years. Child/infant mortality is the lowest its ever been in the history of the world. The total wealth created in the past 150 years was unheard of at any point in the world's history. Obesity is prevalent among low income households in the USA. Let that sink in. The majority of "impoverished" citizens in this country have air conditioning, big screen TV's, cell phones, running water and access to "free" food. While there is certainly an income disparity between the poorest and richest people in the world, to think that the economies created haven't benefitted the masses is utterly insane. In a capitalist society, with the exception of inheritance (which is fairly rare) the ONLY way to become enormously rich is to have a massive number of MUTUALLY BENEFICIAL transactions with a large portion of the population.
Marx used the word 'depreciation' 35 times in the first two volumes of his major work. He never made any mention of Planned Obsolescence. He never saw automobiles or refrigerators. The concept of GNP/GDP was developed in the late 1930s. Economists do not mention NNP/NDP very much. Almost never in fact. They only subtract the depreciation of Capital Goods like industrial robots and 18-wheel. The depreciation of durable consumer goods which may be subject to Planned Obsolescence is not worthy of their notice. Socialists do not seem to be able to figure out that we are running the planet on defective algebra. Where is the data on the annual depreciation of automobiles since Sputnik?
When I tell people I'm a Marxist, they look at me like I'm crazy when in the end, it helps the average person and breaks their chains from the owner class. It's not a bad theory to support. People think because Communism and socialism failed in the past (albeit it was because of capitalist intervention) it makes it bad, when Feudalism was the main economic system, capitalism failed left and right and look where we're at now. We just have to give socialism that chance like we did with capitalism.
Regardless of what you think the intent is, Marxism is fundamentally false. Marx actually lived to see his economic theory become obsolete as marginal utility and the subjective theory of value were developed and replaced the older labor theory of value that was effectively the basis of his own thoughts. Marx was practically forgotten in academic circles until the Russian Revolution.
When Communism is so fragile that Capitalist intervention ruins it but Capitalism is so strong that Communism has never been able to establish itself anywhere due to its own internal failings. bUt ThAt WaSn'T rEaL cOmMuNiSm
Genocide and famine are features of communism and socialism. What you just said is fundamentally and morally false, and a complete re-writing of history.
@@FoxThief26Actually communism is what it is today MAINLY do to capitalist and imperialist intervention in return it created Communist china, Created North Vietnam, Created USSR and lastly created Cuba all caused again by capitalism, imperialism and dictators that capitalist supported. And even so not to mention US has its own brutally suppress of any form of socialist ideals example unlawfully arresting US communist and socialist because of the red scare, invading democratic nations to create bananas republics due to fear to communism and socialism in favor for meso-south American fruit monopolies that are from in the US. Lastly the red scare created fascism which was souly to crush communism and yes HITLER before killing the Jews he killed socialist, liberals and even communist but speaking of the Jews he targeted them because of his ideal that Judeo-Bolshevist backstab the germen empire. So collusion *The suppression of communism-socialist created the modern communist-socialist where capitalist purposely set communist-socialist countries to fail* .
Especially when you have the US coup govenrments and illegally and immorally impose coercive economic sanctions that don't allow it to prosper. China is the closest that any country has achieved. They used capitalism to develop quickly but also have state control of important industries like utilities and others.
Good video, just one thing is missing. You presented the "theory" of Marxism which is closely related to communism. But in practice, it isd no different than those holding political power are the "haves" of society, and everyone else has not. The Soviet Union even had two types of currency: rubbles for the have nots, and a seperate currency for those in power. Furthermore, where each currency could be spent was again at different stores, restaurants, and places. No place in the Soviet Union took both currencies. It was seperate, and not equal. Which is the basis for Marxism, is everyone has the same regardless of skill or education.This never happens in reality. So to me, Marxism is only a theory and never something we would see in the real world. Mankind is just too selfish and evil.
"Liberty or Tyranny? That is the question. Whether 'tis nobler to reap the rewards of thy labor or to watch them stolen by ill intentioned do-gooders..thou decidest."
Native Americans and multiple tribes around the world lived in communes where they shared everything. Also, nowhere in Marxism says that there can't be competition.
No one says that something like so-called primitive communism is impossible. That just isn't how most people want to live. Most people want the higher standards of living made possible by the wealth creation that occurs with capitalism.
Give me one example where Marxism, socialism, or communism benefited the working class. One example.
I hope you have a lot of time to wait😊
Ain't gonna happen. 😅😅😅
@@lourdesmartino1703 LOLs!
China, Russia, North Korea. They are the best Marxist communist examples.
It works!!
@@lourdesmartino1703 I'm sure the working class appreciated eating trash because they can't afford food
Capitalism has led to the most wealth creation in the history of the world. As any student of History will tell you, there has never been more prosperity in the history of humanity than there is right now, and this is due to capitalism.
Conversely, socialism and communism have led to more oppression, death, and starvation than any other economic system.
@@hellocrappy that is right! And prosperity for almost all. Not just those at the top but for just about everyone who chooses to participate can achieve prosperity to a degree. The Robert Reiches of the world would have you believe there is the ultra rich and everyone else is dirt poor. It's not true. But, it would be true if they get their way.
My opinion is Socialism leads to Fascism that leads to Communism. Yet all forms require an Authoritarian Oversight (Enforcer) to control it.
Anti-capitalists aren't smart enough to understand that under socialism, you don't get Tesla's, you get Trabant's! My economics prof used to say "if socialists understood economics, they wouldn't be socialists".
The ONLY creation of wealth and freedom !
You are 💯 percent correct. I can't believe some Americans, Hollywood actors, and Democrats, usually those who are very wealthy, talk bad about Capitalism. The same system that has made them very rich.
In fact, Marx did not fight for workers but for power
Marx never did anything, he wrote book.
@@bobwilson3980 He wrote the book "Manifesto of the Communist Party", it was the party program. Today, this title is particularly distorted.
@@krzysztofnowak5253also gay sex novels too
Exactly. Same with Lenin/Stalin. And that is why you have over 100 billionaires in CCP.
@@bobwilson3980 Actually he didn't even write the book (Das Kapital). He stopped writing after volume one and spent Engels' money just getting drunk and likely still having sex wiuth his housekeeper. The latter two volumes were compiled by Engels from Marx's earlier essays.
"The problem with Socialism is that you eventually run out of other people's money"
--Margaret Thatcher
She was right. Best example are the Nordic countries.
Don't you ever ask yourself on how billionaires exist.
@@jamesandjelic7807 GB has had big issue ever seen she was elected. Just like American after Trump was elected.
@@bobwilson3980
Oh really; how so?
@@jamesandjelic7807 the world is not a better place by them ever having power.
Thatcher ruined the north. She has no right to speak
Engels was the son of an industrialist. Marx lived off of Engels generostity
And Marx was related with the Rothschild family (the richest on Earth), that financed his subversive work. People don't understand that Marxism wasn't to benefit the poor and the workers, but to USE them to establish an ethnic dictatorship over the gentiles.
Rabbi Harry Waton: “It is not an accident that Judaism gave birth to Marxism, and it is not an accident that the Jews readily took up Marxism; all this was in perfect accord with the progress of Judaism and the Jews”. Waton, H. (1939). A Program for the Jews and Humanity; An Answer to all Anti-Semites. Published by: Committee for the Preservation of the Jews (New York). p.148.
Sever Plocker (Jewish journalist): “Genrikh Yagoda, the greatest Jewish murderer of the 20th Century... Yagoda diligently implemented Stalin's collectivization orders and is responsible for the deaths of at least 10 million people. His Jewish deputies established and managed the Gulag system...”. (2006, 21st December) "Stalin's Jews". Ynetnews (Israel).
This is exactly how high school should be taught. This way of teaching keeps your focus on the subject. With so many
People with ADHD and all other things
It's literally teaching an ideology as deadly as nazism in a positive light. You are either evil or ignorant
High school. - 1991-1994.
Small town Boyle, Alberta, Canada.
Gr 10-12 social studies 30
Not only studies on the World Wars, but also about Marxism, Stalin & Lenin. Capitalism, Socialism, Democracy
Everyday, current events-newspaper clippings were to be brought to class-local, provincial, Canadian, & worldwide articles- so class discussions could be held.
@@MelanieWitney I was in small town Falher Alberta. If I hadn't dropped out I would have graduated in 1993.
The problem is if you take power from companies, which produce wealth, and give it to the government which does not create wealth. You get an over spending inflation creating corrupt government, were government officials get rich while every one else becomes equally poor.
Exactly
Definitely well said!
Yeah like Trump
@@ruknme8225No Commie. You mean more Like Kamala Harris who was raised by a Communist father and is clearly an a Communist.
@@ruknme8225 You probably have a masters degree in finance.
The goal of the current regime. So obvious. 😮
failed everywhere
It's the goal of EVERY regime. This is exactly why the Founding Fathers of the U.S. tried so hard to design a system that would never allow absolute power.
If there is no businesses then there is no jobs and its causes > companies to collapse the economy that may leads towards depression!??
Not so obvious to half the population.
Securing things like social security does not make you socialist, communist or Marxist.
When someone opens a business, his initial success is dependent on his own potential, but no business or industry grows without taking care of the workers. Quality of life only exists in a capitalist society.
'Although markets have changed over time, they haven't led to the prevalence of monopolies.' Yes they have. A handful of giant corporations produce and distribute most of the world's food. And a handful of tech titans effectively control everything now - including, most importantly and drastically, our minds.
You're right, I don't get how someone can say monopolies are not prevalent.
Yeah...I take that back. That statement in the video is not correct (in my opinion, but I haven’t looked into the statistics to back it up what defines a “prevalence of monopolies)
@@IllustratetoEducate It's great that you acknowledged it. I would strongly recommend you learn more about the reality of capitalism.
A monopoly is impossible without a government force violating the free market.
Otherwise, how do you explain apple not making every phone on earth, despite being the ones who created the smart phone?
How do you explain Blackberrys death? Kodak's? Sega?
How do you explain the American auto makers going from dominant to garbage to forever playing catch up?
By your logic, this would all be impossible. Anyone who achieved a monopoly should rule its own world, and it is not the case.
The free markets are, without a doubt, the best economy system possible. Marxism is invariably flawed in every aspect, the mantra of envy and resent. Nothing good ever came from it.
@@IllustratetoEducateit's great that you acknowledge the mistake, but you really should correct the video as well. Otherwise, this mistake lives on forever to provide misinformation to people looking to learn and make their own decisions about what Marxism is.
To fully understand communism you must fully understand capitalism. To me, capitalism is what exists in a free society. Free markets mean freedom to me. Sadly, Marx's vision leads to authoritarian dictatorial governance. If communism is good and capitalism is bad, why does the Soviet Union not exist anymore and the United States has the biggest economy in the world?
Uh.....China?
China and Communism are playing chess. The U.S. and capitalism are playing corn hole. What do you think the odds are at who's going to be around in 100 years? Ha, 50 years....
The whole reason Harris wants to take America down, she wants to be in power while she still bathes in luxury paid by taxpayers
It also leads to the thinning of diverse ideas and processes for the manifestation of production, thereby virtually eliminating innovation and ultimately, survival, in an ever changing world.
@@jerrycoggin9434 and climate change is 95% America fault. No one else need apply.
@@reesevirgin2105 The idea that the only way to get innovation is through monetary incentive is the antithesis to the entire field of science and all fields even vaguely related to it
To everyone wanting Marxism, I suggests you move to a place that already has it.
Name me ONE country that defines their country as a Marxist society! Also, back up your words on a today's spectrum. Not a decade or more affiliation. The rich will always oppress the poor! That's why Jesus said it would be easier for a camel to entire the eye of a needle, than for a rich man to enter the kingdom of heaven.
Don't need to go anywhere....it's alive and well in the USA 😮
Agree. 👍
@@carvalone3076 Er it is not even close.
@@carvalone3076Only Republicans who don't know anything say that. 😂
I'd rather have big business, than big government. 😎
Well said.
Definitely..at least big business can't kick down your door and take everything you own
@@todddavis5433 surely they can
Yeah but the problem is we have f’king both
Government Politicians do not create jobs.
Businessmen/woman create jobs.
Growing government only consolidates even more wealth and never EVER benefits the working class, while driving down prosperity for all.
Very simply and nicely explained. Great effort has been put into making the video and it shows. Thanks a lot! This really helped.
Thank you so much! I’m really glad you found it to be high quality. I do spend a lot of time making these videos so I appreciate the compliment.
@@IllustratetoEducate I appreciated the effort to present the information in an unbiased manner.
@@bills5009 thank you so much 🙏🏼
There have only been two real world experiments where a single society was split into a more socialist half and a more capitalist half. Those are East/West Germany and North/South Korea. Both experiments resulted in economic and humanitarian disaster for the unfortunate souls who found themselves on the socialist side.
True but there are benefits
And what we want is to bring those benefits without the concern of the bad stuff it also brought upon.
Venezuela went Socialist look where there at! They use to be one of the riches countries!
@@bladefeather2293 to each according to his need absolute dependence is what marxism is, its a bondsman society the very thing it swore to destroy... people should seek welfare capitalism aka what the nordic countries have
@@FoxenWulf very much so mate
@@FoxenWulf trying to implement a Nordic model on countries that aren't doing that great isn't a good idea entirely cuz people can become dependent on that welfare , examples would be Argentina and Philippines having forms of welfare but due to economic stagnation and other factors have become burdens
I think Marx made some good points, however he instead of a revolution (un-)intentionally made a neo-religion of severely dangerous people like Stalin, Mao and Castro, who ended up killing more than two world wars combined.
No monopoly! One word! Amazon! "Capitalism will destroy itself."
Gandhi
@@jalalal-dinmalik5597when we turn capitalism into Marxism then we will be destroyed.
Marx would have been more successful if he would have said that God told him to write the Kapital, and that everyone who fights for communism and gets kicked, will go to paradise
@@jalalal-dinmalik5597 Even "Marxist Intellectuals" (the term is a self- contradiction) including the CCP, concede that economic Marxism is nonsense. The next 70 years will see the minds of the young poisoned by "Cultural" Marxism.
Every single person on the planet makes some good points at some time in their life.
I rather live in a free capitalistic country than a socialistic one.
You think capitalist countries are free? Wtf?
Yes I do.@@Potte-w7f
Capitalism depends on poverty.
A federal minimum wage sounds pretty socialist to me, I think you should go protest in favour of abolishing a minimum wage to give more freedom to corporations
@@ZombiecoHQThat balances itself out. Nobody is going to work a job for 3 cents. You need to actually pay people for them to work.
Simply because some find it difficult to compete doesn’t mean everyone needs Socialism.
People keep themselves from succeeding far more often than some external force.
Bread lines sound awesome
Many people in this thread don't understand what monopoly means. To be in monopoly a company must control more than 80% of the market. That's nearly impossible in a global economy. The only monopolies are the ones that are closely intertwined with government.
Marx predicted the end of Capitalism within his lifetime. After Marx died economic growth went through the roof. The best 150 years have been incredible with massive new technologies and huge improvements in child mortality rates. We live in the best time of all human history and people want to whine about it on the internet on their $1,000 iPhone.
I think you bring up excellent points about what a monopoly is. Thanks for your clarification that.
Economic growth for who? And how can you explain now that standards of living on the USA are now more expensive?
‘Economic growth for who?’.. Everyone, brah. Even our poor are fatasses.
@@no89lan3 when my dad was a kid he is in his lower 70s and others older then him were younger it seemed many people struggled just to feed there families and they didn't have TV internet cellphone. I'm they lived bare minimum and still barley got by. My view is things in the last 70 years has improved.
@@no89lan3 Tell you what. Go live in a workers paradise somewhere and then come back and tell us how wonderful it is.
I can't thank you enough for the great videos. As a visual learner, so far, this has been the best video I've ever watched. I learned so much from your way of explaining it. Please cover more economic lessons in your next videos.
You're very welcome!
The first two criticisms of what Marx predicted are completely true though lmao. Capitalism as it has matured has become increasingly consolidated in monopolies and the largest firms have more power than ever. His prediction of boom and bust cycles and depressions was also completely accurate. We're about to go through another recession right now and despite being told they were rare occurrences or would diminish in frequency, this will mark the 5th global economic crisis in just the 21st century. If anything Marx's ideas are more relevant in today's world than they were when he wrote it, because then the working class was not the majority and capitalism was not global. Also of course societies without money, private property, and competition have existed. Capitalism is the only time in history where markets are the central mechanism of production. They existed before in some societies, but it wasn't the foundation of the economy. That makes capitalism historically contingent, and it'd be odd to say the features of a capitalist economy are permanent. Was Rome or Egypt permanent? Was the divine right of kings permanent? Why would today be any different?
Monopolies were formed thanks to the government intervention in the market, lobbying and regulations are the most responsible for ruining the competition. Capitalism is the most compatible with humankind even despite it's flaws and as Rome and Egypt weren't permanent we are still referencing to those times and looking for inspiration from them, also fact is that true capitalism never meant state control over the stability of the market and this is something that currently is being supported by the biggest tycoons. Current system is the closest you can get to mix of socialism and capitalism.
Wtf? Back in times there was no middle class.
@Daniel Green statist businesses which operates within interventionist economic framework. For example, American system.
@Daniel Green because before government financed them and helped them instead of comforming to the rules of the market, no bailouts.
@@bowwak5366 You forget it is the communists themselves that help the capitalists. Why? Because big corporations are needed to control/oppress citizens/consumers. Communism was never about equal share but all about control. Over everyone. They needed to sell the lie with lies about equality.
@@bowwak5366 "monopolies were formed thanks to government intervention in the market"
We don't have capitalism, we have corporatism , big difference.
Yes, there is a big difference. We have some capitalism and some socialism (including corporatism,). Fortunately, we are less socialist than much of the world to our material benefit.
let's work this in reverse, which political system has led to the most deaths and malfunctioning economies? there is no need to ponder over this question, the result are out!
Capitalism by a mile
@@ryanmclaughlin2678 "climate change" tells us everything we need to know about marxism
The capitalist Thomas Midgley Jr. Is responsible for more deaths alone, than the entirety of what communism is blamed for, even though the big black book of communism which boasts a 100 million death count, counts Nazis, people who stubbed their toes under a communist regime, and counted unborn births from population decline due to World war 2 in Russia as deaths
@@ryanmclaughlin2678 I've heard that North Korea has had it's issues. Then there's Mao's cultural revolution (at last count 40 million dead), and Stalin and Lenin weren't exactly nice guys. And BTW, Cuba's food under Castro's regime totally sucks.
@@ryanmclaughlin2678Communist regimes have killed more people than every holy war combined. Which makes it even worse than religion.
Socialism and communism will never work. We have seen it over and over again. For example, all the countries that have implemented socialism and communism have failed miserably. Starting with USSR, Cuba, and most recently, Venezuela. In paper and theory socialism looks great. No big companies or rich owners who will take advantage of the lower classes. What they forgot to tell you is that there are not going to be different social classes because there are going to be only one. Those in charge, the government must likely dictatorship, who owns everything, and the rest of the population starving and dirt poor. Any time you hear the words "Big Government," run for your life.
Capitalism has to stay. We can't be tricked into marxism
Again, it seems that half the population can be tricked pretty easily.
Who is trying? I don't know a single person that wants to overthrow Capitalism.
@@gretchengraef3012lol go to any college campus or follow damn near any celebrity on social media, go listen to your vice fkn president and understand what a marxist talking point is for fks sake.
But whatever you do don't ever listen to Yuri Bezmenov talking about Ideological Subversion because your brain would explode unable to process what's actually been going on.
Go back to sleep sorry I tried to wake you from your slumber.
guess what. might not be a popular opinion, but your social security card, makes you literally a card holding socialist.
@@gretchengraef3012 Gee, Skippy, I dunno. Can't really think of anyone insisting that companies and investors make too much, that price controls are a viable option, that "price gouging" is a real thing, that class warfare and wealth distribution is appropriate, that capitalists don't pay their "fair share"...
You're absolutely right! Absolutely no politician or political party embraces any of these tenets of Marxism. No one ever....
The beauty of a capitalist society is that if you don't want to labor in someone else's business you can start your own. If you cannot start your own, then maybe you should accept that it's why the person who did start a business and was able to provide jobs for others gets paid more than you do.
I mean should an ordinary peasant thank and accept the monarch who gives them employment in let's say the army? Or should a slave accept that the slaveowner makes more than them? A large part of Marx's work was trying to juxtapose capitalism with societies of the past, and as all previous societies had transitioned at some point, predict that capitalism will also do so.
Do you think of yourself as a peasant? That mindset will hold you down.
@@positivelysimful1283 and the reality of your statement about starting one’s own business if they don’t want to work for someone else can only be realized in capitalistic society. For those who would argue that opinion, name one entrepreneur who lives in a socialist country. You will be hard pressed to find one. We have more entrepreneurs than any other country in the world. That will all come to end if our young people don’t stop drinking the socialist/ Marxist koolaid. I work with teens and I ask them what they are learning in government and economics classes in high school. It certainly isn’t the Constitution or what made this country great.
"They have not led to monopolies."
Good joke as now more than ever there is an enormous high concentration in every possible industry.
A lot of the things that people call monopolies really aren't, but in that there actually are monopolies they are the result of government intervention: the granting of special privilege.
@@Nanofuture87 no you guys are just bootlickers
@@Nanofuture87 No, it's government intervention that prevents monopolies. You say they "grant special privilege" but that just means that they don't regulate those particular companies the same way they regulate other ones. The free market always leads to monopolies on its own, that's just basic economics.
@@AllHaiLKINGTIsHeRe3 I'm sorry, but that's simply false. The free market does not result in monopolies in any conceptually meaningful sense of that term. Monopolies in the real world are the result of the granting of special government privilege.
@@Nanofuture87 Are you gonna provide evidence for this, or just assert it? Let's just think about it conceptually. You have a few businesses competing on the market, one of them is more successful than the others, giving that company an advantage of resources over other competitors who will come later, and that special advantage that they have perpetuates itself until some other circumstance breaks up the monopoly. Why do you think monopolies have vastly increased in the US since antitrust regulations have been weakened? Just a coincidence?
Your explanation was so simple I actually understood the difference for the first time. I’ve subscribed in the hopes that I will see your work again.
I believe that communism will never take hold in the United States because the “ruling class” of wealthy individuals has worked long and hard to separate blacks and whites, city and country people, and obviously, the rich and poor. Therefore we are hopelessly divided amongst each other. They keep us thus in order to assure that we can never unite to effectively create a majority to overwhelm their divided system. Unless we unite, we can never become the majority that we undoubtedly are with enough power to replace the current government, of whichever party. But, I still believe communism is not something the American people will accept. We are rugged individuals; we have been built by hard work for just wages. As a majority block, we can creat a more just society where work will earn you a living wage, but we are deep down against those who expect the same without the hard work.
Now fascism is something else entirely. It has been creeping up on us for over 8 years now. We are closer than ever for the final triumph of fascism in this 2024 election cycle. It is up to each individual voter to decide between outright fascism and the continuation of the status quo.
It will be within the status quo that we may someday unite to even the scales.
I love the way you stimulate my mind. Please keep it coming.
Nice 👍🏼 I’m glad it helped you. Thanks for watching! 🙏🏼
My bet is that if the working class took over the ownership class they would then become the ownership class. Animal Farm at its best.
No Mike that is not what happens.
I'm a Polisci student. I really like your videos. Subscribed!
That’s awesome! I’m really glad to know the videos are helpful to political science students. :)
Wow. Nicely done. Not any easy topic to handle without getting one side or the other a little riled. Bravo. Keep up the good work!
I try my best! Thanks for watching! 🙏🏼
Because his take on marxism is common textbook bullshit.
I'm currently watching this video December 30th of 2023 and I think the what Marx predicted is extremely relevant in today's society.
I disagree. The "class divide" is significantly closer together now than ever before. Almost everybody today has the opportunity to create wealth due to technological advances, whereas in previous generations it was impossible. We as a generation are far better off than our grandparents, or previous generations.
Communism will lead to corruption like in China, North Korea and Soviet Russia. Not nice places to live, stripped of all hope, ambition, quality of life and opportunity.
Capitalism is true power to the people as individuals have opportunity. Communism is power to the government where it will inevitably be corrupted and the people will suffer.
You mean how Russia and China is proving the whole world wrong?
Because Marxists and people Marxists have fooled constantly bombard you with nonsense about how horrible capitalist societies are to make you mad at companies when it’s politicians and Marxists causing all the bs.
Great video. It takes extraordinary skill to communicate complex topic with brevity. I feel smarter because I watched it. Thank you
Thanks for including your sources, helps a lot.
Nicely done. Can you also cover Psychology topics? Especially, psychological assessment and testing. Thank you and more power.
Sure! Can you give me a couple examples of topics that would be helpful in the Psychology area?
@@IllustratetoEducate Human, Tree, House psychological test
@@IllustratetoEducate Psychometrics
@@IllustratetoEducate MSE or mental status exam.
@griver007able interesting that you would request this as it is a niche related to clinical psychology. There is a neuropsychological compendium text book that you can buy that offers almost every single assessment you are looking for. UA-cam is NOT a great resource for such a topic especially since this is not a professional platform and can that kind of information can be misused by the general public. I recommend studying at the doctoral level to understand more about psychology assessment or find a just as a psychometrist.
Very good distillation of complex concepts into visual blocks (icons) representing the various elements for purposes of this brief yet powerful discussion. DEFINITELY BOOKMARKABLE!!
4:56 Did you mean to say “Likely” or “Unlikely”? I can’t tell if you’re saying it’s a possible scenario or not.
Good catch. I meant to say it’s “likely and unworkable concept” but I did accidentally say “unlikely” in the video. My bad 😞
Replacing the ownership class with the government class creates more problems than it solves.
" What can be unburdened by what has been" , preface to the German 1st edition of "capital" , 1867
Is they where Kamala's handlers got it?
Thanks for sticking to the facts. This is something I can use in my class.
Glad it was helpful!
It is not wholly factual. Marx never said capitalism would be “led by enlightened leaders of the proletariat”. That is Leninist nonsense. Marx and Engels said it would be the working class themselves, united to achieve what’s in their best interests, who would overthrow capitalism and replace it with socialism/communism which were exactly the same thing for Marx and Engels. Socialism and communism are NOT different stages. That is also a Leninist distortion of Marxism. Also, a boom-bust cycle IS an inherent feature of capitalism.
"Unlikely and unworkable concept" is putting it nicely
The definitive document of Marxism wasn't the Communist Manifesto, it was Das Kapital.
I think you can be a Marxist without being a Communist, that just means you agree with the description of the problem, but not necessarily the prescription being offered.
You can also be a Socialist without being either a Communist or Marxist. Socialism preexisted Marx (it produced Marx), and is an anti Capitalist movement born in capitalist UK.
Here I'm using a more specific, academic definition of Marxism, as a perspective in political economy.
It's difficult to understand anti Capitalism without understanding the history of Socialism in the UK and USA - it was there before Marx, after Marx and without Marx.
I'm not sure exactly why we still find this political economist from 19th century imperial UK so fascinating, must have been something he said...
I think your wrong with your opinion. The goal is to become Communist of Marxism is done correctly.
Did the Pilgrams practice socialism or communism when they arrived in the new world and nearly starved to death?
@@jerrycoggin9434 The way I read history, the Pilgrims pre exist both Socialism and Communism.
At that time, their ideology was better described by their religious denomination.
Capitalism had already been formed, under Monarchy, but was still in its infancy.
The irreligious social movements that formed in opposition to Capitalism under the banners of Socialism and Communism hadn't developed yet.
At this time, denominations took different approaches to the power struggle between capital, the Monarch, and the clergy.
In the English civil war, religion and capital overthrew the Monarch!
Many Pilgrims that were fleeing religious persecution, were effectively exiled for their stance towards the Monarchy.
The West is no longer Capitalist, it's essentially Socialist (despite the effort of socialist governments, a tiny few accrue super wealth.) Productive, conscientious individuals are heavily Taxed, while vast numbers of non Productive (working-age) individuals are paid very generous welfare.
@ywtcc The idea of socialism and communism had not been described by any economist, Marx or Engals had not been born. But when they arrived in the new world and established a colony their economic model for the colony closely resembled what much later on became known as communism. The new colony functioned like a commune. Everybody pitching in for the good of the collective. Sounds great but functioned poorly.
I'm pretty sure Marxism was a updated form of Lutheranism which was an updated form of Intergentalism (Interracialism or Blackism).
One is Occidentalism and the other is Orientalism
In the fascism video you talked about the killings and authoritarianism, but in this video you make no mention of genocides or the authoritarianism that came with marxist ideology.
ok, tell us about the genocides of marxist ideology, but please don't come with the The Black Book Of Communism
Because Marxism wasn't intended to do that
marxism results in fascism but its not part of the ideology
@@Angel_559_ You can blanket anything with any term but what actually happened, is what actually happened. This can be said about fascism as well. So why was it not mentioned in this video that there was also mass killings of people; let alone it be that there were millions upon millions MORE killed under Marxist ideologic rulings.
@@Angel_559_😂😂
Thank you very much! Loved this! short, enjoyable and very concise.
I am going to share this 👍
What is Marxism? Kamala Harris.
If you think any member of the Democrat party of the U.S. is a Marxist you are a deeply ignorant person. Please, PLEASE, don't breed. Or vote.
Very 👍🏻 good!
👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼
@@paulmysliborski4832 how?
Yes harris
It seems big government leads to less competition where the large corporations keep getting bigger thus making it harder for small businesses to prosper. In essence, government regulations have the opposite effect it claims it is seeking to achieve.
With Capitalism a person can start poor and uneducated and become wealthy, furthermore a person of wealth can lose their wealth. With Communism/Socialism the poor have no opportunity to become wealthy, legally that is.
Marxism has no legal system.
loooool. Stay away from propaganda kids. That show is over
@@Potte-w7f Good advice. But since he's not a socialist and understands its real world implications, he is not the one suffering from that particular problem.
I always thought it was cool when companies had profit sharing for their employees. It would encourage the employees to work harder and better and more efficiently, in my inexperienced opinion. It would also encourage the employees, as CONSUMERS, to purchase the products they helped make.
Is this a good way to solve conflict between the 'classes'?
I love these videos! They are simple to understand and they’re very straightforward, thanks!
As a former Marxist back in the 60s&70s, I lay the defect of Marxism -Leninism on 1) The nature of Dialectical & Historical Materialism (the theoretical core). 2) The concept of Democratic Centralism that is actually anti-democratic.
Great video you should do the difference of classical liberalism and libertarianism
I'm a visual learner, and your video helps a lot. Thank you!❤
it dont work.
thank you so much for actually illustrating instead of using the fake illustrating method
I think a breakdown of Marxism should, by default, include the "features" said ideology comes with.
Socialism requires the creation of an all-powerful bureaucrat state. One that can at will remove everything from its people, backed by the threat of violence.
It also requires this new party to somehow be kind and incorruptible so as not to abuse its absolute power(lol).
All Marxist movements have led to enormous misery, loss of rights, loss of culture, and caused the greatest genocides we have knowledge of in history.
Far more useful facts to include than the 3 "critiques" you detailed in the video.
When you live in the abstract world of a classroom, theories and critiques are all you have, but when history has already provided you with real-life experiments, that's what you should focus on.
What is missing in these discussions is morality. One of the reasons Capitalism in America did well is because of America’s fundamental belief in fairness and charity. I know several companies were ruthless but that was usually towards other companies and buying off politicians is as old as time itself. But we prospered as a nation because capitalism and free markets, married to a fundamental sense of honor baked into our foundation, allowed for us to thrive and to develop social safety nets to help the poor and disenfranchised, bring about significant social changes, and to make the entire country have the “American dream”. The belief that you can go as far as your talents and work ethic will take you.
As we have grown over the decades, our country has lost its soul. We are much more greedy and all the conversations revolve around power structures, wealth, and injustices. This is a very damaging Marxist influence on our culture that pits people against each other and destroys our foundations of “we’re all in this together” and working to make things better for all. We are now obsessed with money and status and righting imagined wrongs just because some activist screams loudly and some politician pounds a podium and demands change. This adversarial landscape is destroying us. We are no longer united and all you have to do is listen to our leaders speak. It won’t be hard to determine who’s bringing us down and who’s trying to bring us together. THAT is the real threat of Marxism. The destruction of morality and the disunion of people who not that long ago were brothers and sisters striving for a better life together.
😂😂😂You blame Marxism for the division in the U.S.?
@@AvaSession7Ex there are many enemies of America and they have competing ideologies. But the one that seems to have its hooks into the most institutions and influences our politicians, media, and culture the most is Marxism (and varying other flavors of socialism/communism/Maoism).
@@izgler 🤣🤣🤣🤣You sweet summer child.
The problem isn't capitalism. The solution most certainly isn't communism.
Corruption. Greed. Immorality. Those are the problems.
@@andyperez2742which capitalism allows power to be given to those things. It’s not a part of capitalism it is the effect of capitalism
@@matteobtch2690Eh I’d argue that people were greedy, immoral and power hungry even before capitalism existed. I think those characteristics are flaws in humans that we must battle.
@@phoenixhoneybee thank you!! You definitely understand where I am coming from! Yes, if people would just keep themselves in check then a lot would actually be better. Whether it be capitalism, family issues at home, politics, environmental care, etc.
Wrong.
As a son of Cuban parents I have knowledge in regards to the horrors of communism. Please go to Cuba for a month and come back and tell me if you still think communism can work.
You left out some of the more salient aspects of Marxism, like the violence needed to separate the people from their property, the inevitable starvation of millions of people because communal farming is always an abject failure, the need to force people to work at the point of a gun because people are not inherently altruistic and willing to work for the benefit of others, etc.
They always leave that part out.
Laying down those truth bombs
@@stevegraham2535well said
Like a lot of these arguments this comment is simplistic and blinkered in the extreme to the point of being retarded.
I grow up in socialist country. All employees are company owners. If company has 20% les job load, nobody gets fired. You get 80% of your regular wage.
I notice you don't tell the country. Communism left its mark on you; what are you afraid of?
EXCELLENT video, it was very infomative, concise and easy to understand. You earned a new subscriber +1 👍🏽
I hope your channel blows up, you deserve way more views for the amount of effort/research you put into your videos. 😎
Marx disapproved of Engels having a mistress not because having a mistress was "bourgeois" but because the one Engels chose was common. Also, the widely misinterpreted "Religion is the opium of the people" doesn't mean that the poor got some kind of "buzz" from faithvbut rather the use of opium at the time was for simple pain relief. A modern version might include "paracetamol" for opium. Excellent video, by the way- very illuminating. Thanks for posting.
Capitalism is not monarchism. The principle good of capitalism is labor and all those who give their labor have a right to property of equal value. The other economic structures insist that only those with access to power or precious metals can own property. The communist failure is that nobody has a right to property and so nobody has incentive to work. As John Locke said government exists to protect property and each of us has a property that is our own. Our body and minds are inherently ours.
What?
@@thomaswayneward I wrote that a long time ago. I fixed the typos without changing the meaning of the statement
Excellent Explanation through Illustrations...!💫
Excellent video. In my opinion Communism/socialism doesn't work. You should do a video about fascism.
Great idea! I’m always looking for more ideas! Good to hear from you! :)
@Max what do you mean they were allowed to work for most of the 20th century and in Venezuela has been since 1998. So what are you talking about?
@Max what is the definition of socialism?
@Max basically that the state owns the means of productions in socialism. While in capitalism is private property. You are against private property in favor of the state owns and run your life?
@Max I disagree. Capitalism does not have a class system is not stagnant anyone can succeed, you can be in the 1% while people that are the 1% can lose their place, etc. Socialism is a dictatorship becuase the Government has to control the means of production . Slavery and feudalism don't go together with capitalism.
A few counter points. "Lowest possible wages" is misleading. Competition between industries and market demand determine wages. Those companies who offer the best wages will attract the best skills, which lead to productivity gains over their competition. It's a cost-benefit calculation. And another factor overlooked, turnover is expensive. Onboarding and training are expensive and time consuming, and it's a wise employer who seeks to retain employees by financial incentives.
Bottom line, Marx didn't understand the free market, he was wrong about competition, and never got to see the prosperity that capitalism would create.
This video doesn't represent Marxism well at all. Marx was a historian not an economist. His spent his life identifying a pattern throughout human progress, he did not criticize capitalism in favor of socialism and communism. He saw that capitalism leads to its own demise and predicted that socialism and communism were to arise when the working class and business class clashed. Marx stated an over abundance of resources was necessary for socialism to take hold, he stated that capitalism would be incredibly wasteful with their production and that is true, look at how many useless things are sold that people buy. The only thing that has saved capitalism in the early 1900's was monopoly busting. Consolidation of wealth will inevitably lead to socialism.
I guess the only thing that is becoming more of an issue with the criticism is the fact that some of it just not true anymore. Monopolies are in fact becoming more and more of an issue, and without the state intervening it would been a massive problem. And the state intervening is in fact a socialist approach not a capitalist approach. So saying that Marxism is wrong because it did not appear is both wrong, as well as the examples not being relevant to the capitalism it was referring to for its time.
And we are 100% seeing the disappearance of private property, being replaced by a rental and subscription economy
Think it works? Go review history. In theory, it's nice, but in real life it's not.
@@theropesofrenovation9352 Point to a couple instances then where socialism failed solely because of its own internal difficulties, with _no whatsoever_ interference by western nations. I'll wait. Maybe you'll review some history while I'm waiting
Nonsense, Amazon competes with eBay and other Market places, Time Warner compete with Sony & Disney, Google compete with Microsoft and may be displaced by a new AI start-up in a few years.
In Marxist economies State-owned monopolies lead to stagnation and very poor quality goods.
@@skengasaurus There's no private property under Marxism.
Thank you for sharing this. I found it interesting and I learned some things as well as some great questions to do my own research.
Nice Illustrated explanation!
I’m glad that you enjoyed it. Many hours went into it! 😅
Big business, for all its flaws, can't send you to the gulag for thought crime or draft you to fight in wars of ideology.
Bravo. Very well explained
Thank you so much. Glad you enjoyed it! 😊
Marx was a Satanist. Don't be deceiving.@@IllustratetoEducate
@@IllustratetoEducateyou sound like an effeminate dork.
Anytime I see anything about Marx, I flash back to the Monty Python skit with Marx, Lenin and Mao on a quiz show.
I’m here because Trump said Kamala was raised in the ideals of Marx. Per her political ideas and beliefs.
Welcome to the real world
There are monopolies, and competition has been steadily disappearing, or actually being bought out. One world provider of all goods and services....here we come.
This sorta sounds like what the Harris/Walz campaign is looking to achieve.
thank you so much I have an essay due soon and this was very easy to understand great video :)
Glad it was helpful! Best of luck on your essay!
Do you think you understood marxism ?
As a Marxist, this video is incredibly accurate, thank you!
Marx was a Satanist go read his poems he will tell you this. Don't be deceived.
Imagine worshipping a man so lazy he allowed his children to starve and die rather than simply work. A man so economically unintelligent he spent multiple inheritances that could have lasted years in months. 😂😂😂
Unless you've lived for many years under a communist regime then it's foolish in the extreme to describe yourself as a Marxist.
Marx's Foundational Tautology
Marx writes (Chapter 24, first paragraph, Capital, 1867), "Hitherto we have investigated how surplus-value emanates from capital; we have now to see how capital arises from surplus-value."
See the tautology? How did this tautology get past the initial reviews? How did this tautology survive the intervening 157 years without being discovered, except for this political scientist? This again illustrates the magnitude of the Marxist co-option of our institutions.
Let's analyze the sentence's tautology...
Surplus value is generated by capital, but capital is created by surplus value!
Is no-one else here gonna make a joke about Marx from Kirby Super Star/Super Star Ultra?
Good vid, but for those who want to get to the point, it's in the very final sentence of the video..."history shows it's an unworkable concept." Have a nice day.
😂
Workers have the same opportunities as business owners. When the business owners started with little resources, many were just workers, too. It's called Free Enterprise!
Bezos and Musk were workers? Can you name the underpaying megacorporations where they worked?
Communists Be Like: I fly all over the world but say you are pathetic for driving your car. Criticize me? You're a bigot!
You must be a Yank.
thats the green party and the "woke" party. it has linked ideologies, but it isnt part of the main ideas of communism (not defending just clarifying)
What? Communists are more like "The nature of capitalism and the relationship between capitalists and the working class is fundamentally exploitative, and the capitalist mode of production leads to profit being prioritized over the common good of people which entails the destruction and pollution of our environment, massive wealth inequality, and monopolies. It is a flawed system for many reasons and should be replaced."
Capitalism isn't a perfect system. We're human beings- we're imperfect beings, we don't invent perfect systems. With that said, what Marx and Engels drastically underestimated is how capitalists would create incredible economies of scale, allowing all of the human race to be lifted up economically over the past 150 years. Child/infant mortality is the lowest its ever been in the history of the world. The total wealth created in the past 150 years was unheard of at any point in the world's history. Obesity is prevalent among low income households in the USA. Let that sink in. The majority of "impoverished" citizens in this country have air conditioning, big screen TV's, cell phones, running water and access to "free" food. While there is certainly an income disparity between the poorest and richest people in the world, to think that the economies created haven't benefitted the masses is utterly insane. In a capitalist society, with the exception of inheritance (which is fairly rare) the ONLY way to become enormously rich is to have a massive number of MUTUALLY BENEFICIAL transactions with a large portion of the population.
Marxism is open to different forms of interpretation
It certainly is, because it is incoherent.
I didn’t know what Marxism was until I watched this video
Love getting this recommendation in the current societal climate. Doesn’t feel like conditioning at all… right?
Yes, it is an unworkable concept. There's no incentive to work and innovate.
Money is not the only spur that incites innovation
Marx used the word 'depreciation' 35 times in the first two volumes of his major work. He never made any mention of Planned Obsolescence. He never saw automobiles or refrigerators.
The concept of GNP/GDP was developed in the late 1930s. Economists do not mention NNP/NDP very much. Almost never in fact. They only subtract the depreciation of Capital Goods like industrial robots and 18-wheel. The depreciation of durable consumer goods which may be subject to Planned Obsolescence is not worthy of their notice.
Socialists do not seem to be able to figure out that we are running the planet on defective algebra. Where is the data on the annual depreciation of automobiles since Sputnik?
When I tell people I'm a Marxist, they look at me like I'm crazy when in the end, it helps the average person and breaks their chains from the owner class. It's not a bad theory to support. People think because Communism and socialism failed in the past (albeit it was because of capitalist intervention) it makes it bad, when Feudalism was the main economic system, capitalism failed left and right and look where we're at now. We just have to give socialism that chance like we did with capitalism.
Regardless of what you think the intent is, Marxism is fundamentally false. Marx actually lived to see his economic theory become obsolete as marginal utility and the subjective theory of value were developed and replaced the older labor theory of value that was effectively the basis of his own thoughts. Marx was practically forgotten in academic circles until the Russian Revolution.
When Communism is so fragile that Capitalist intervention ruins it but Capitalism is so strong that Communism has never been able to establish itself anywhere due to its own internal failings. bUt ThAt WaSn'T rEaL cOmMuNiSm
Genocide and famine are features of communism and socialism. What you just said is fundamentally and morally false, and a complete re-writing of history.
@@FoxThief26Actually communism is what it is today MAINLY do to capitalist and imperialist intervention in return it created Communist china, Created North Vietnam, Created USSR and lastly created Cuba all caused again by capitalism, imperialism and dictators that capitalist supported. And even so not to mention US has its own brutally suppress of any form of socialist ideals example unlawfully arresting US communist and socialist because of the red scare, invading democratic nations to create bananas republics due to fear to communism and socialism in favor for meso-south American fruit monopolies that are from in the US. Lastly the red scare created fascism which was souly to crush communism and yes HITLER before killing the Jews he killed socialist, liberals and even communist but speaking of the Jews he targeted them because of his ideal that Judeo-Bolshevist backstab the germen empire. So collusion *The suppression of communism-socialist created the modern communist-socialist where capitalist purposely set communist-socialist countries to fail* .
Especially when you have the US coup govenrments and illegally and immorally impose coercive economic sanctions that don't allow it to prosper.
China is the closest that any country has achieved. They used capitalism to develop quickly but also have state control of important industries like utilities and others.
Could someone please let me know which animation program is used, software, etc. for this video? Would appreciate it‼️
Good video, just one thing is missing. You presented the "theory" of Marxism which is closely related to communism. But in practice, it isd no different than those holding political power are the "haves" of society, and everyone else has not. The Soviet Union even had two types of currency: rubbles for the have nots, and a seperate currency for those in power. Furthermore, where each currency could be spent was again at different stores, restaurants, and places. No place in the Soviet Union took both currencies. It was seperate, and not equal. Which is the basis for Marxism, is everyone has the same regardless of skill or education.This never happens in reality. So to me, Marxism is only a theory and never something we would see in the real world. Mankind is just too selfish and evil.
"Liberty or Tyranny?
That is the question.
Whether 'tis nobler to reap the rewards of thy labor or to watch them stolen by ill intentioned do-gooders..thou decidest."
Native Americans and multiple tribes around the world lived in communes where they shared everything.
Also, nowhere in Marxism says that there can't be competition.
No one says that something like so-called primitive communism is impossible. That just isn't how most people want to live. Most people want the higher standards of living made possible by the wealth creation that occurs with capitalism.
You believe that a person doesn't have the right to own things?
If workers are good at running a business then why arent more of them starting a business?
It belongs into a museum!! Outdated and wrong anyway
"There is no capital without labor!" Labor is always first!"-Abraham Lincoln
Marxism Suc's, nice vid.