The Revolution guaranteed inflation - BankWars: Weimar Hyperinflation Episode 2

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  • Опубліковано 25 сер 2024

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  • @TheImperatorKnight
    @TheImperatorKnight  2 роки тому +277

    Is it a coincidence that the ideologues who despise ‘money’ and want to abolish it were also the people who set up the conditions for the Weimar hyperinflation to happen?
    Unlike many of the books on the Weimar hyperinflation, I think it’s a mistake to skip or skim over what was one of the most important factors regarding the Weimar hyperinflation - the 1918 Revolution and the people who came to power in its aftermath. This Revolution founded the Weimar Republic, and put the ‘money-haters’ in charge.
    So, while this video focuses on the politics rather than the economics, it’s important to know what was happening on the political scene so that we have context to why the financial situation turned so sour. I think this will end-up being the most politics-focused video in the series, so we will return to the economics next time.
    Note: just because they hate ‘money’ doesn’t mean they hate ‘currency’.

    • @calumdeighton
      @calumdeighton 2 роки тому +15

      You have my attention TIK.
      Let's see what these big brain Enlightenment thinkers have.

    • @QuizmasterLaw
      @QuizmasterLaw 2 роки тому +11

      This looks really well done, thank you for your works.

    • @baskoning9896
      @baskoning9896 2 роки тому +1

      Sorry to bother you with it, but why is your right eye (left on the screen) always half closed?

    • @TheCruxy
      @TheCruxy 2 роки тому +3

      I think it has a great deal to do with what Chestertons fence seeks to comment on, if you don’t understand something, your thoughts on its necessity will be greatly inaccurate

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +23

      @@baskoning9896 It's just a lazy eyelid. Had it for years.

  • @deusvultpictures6550
    @deusvultpictures6550 2 роки тому +484

    I get the impression TIK doesn't like the state, commies and central banks. Glad to see this episode

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +238

      I just don't like liars. Politicians always lie - that's their job. Yet people stupidly just accept them at their word. Wake up people!

    • @warbrain1053
      @warbrain1053 2 роки тому +39

      @@TheImperatorKnight businessmen lie too. We live in a world where lying is part of staying at your seat sadly

    • @jimsackmanbusinesscoaching1344
      @jimsackmanbusinesscoaching1344 2 роки тому +46

      @@TheImperatorKnight I would argue that politician's job is to get re-elected. One of the easier ways to get re-elected is to lie.

    • @alexhurlbut
      @alexhurlbut 2 роки тому +35

      Federal Reserve is basically our Central Bank in USA and look at how badly it handled the inflation in the past year!

    • @juliantheapostate8295
      @juliantheapostate8295 2 роки тому +24

      @@jimsackmanbusinesscoaching1344 What the electorate wants is impossible, politicians have to lie.
      People want free stuff but they also don't want to work more hours

  • @endcensorship874
    @endcensorship874 2 роки тому +411

    That part about Luxembourg never having a job. And, although was in favor of Central Planning, was opposed to "planning"... Chef's Kiss level of perfection.

    • @remainselusive1
      @remainselusive1 2 роки тому +29

      She was Jewish.

    • @jamesbeeching4341
      @jamesbeeching4341 2 роки тому +92

      A lot (if not all) full time revolutionaries have never had jobs...Those that have usually work in "soft" jobs like being academics...They have very little concept of real workers..

    • @romulus3345
      @romulus3345 2 роки тому +42

      Most Marxist maggots never had a job.

    • @felixfiedler4982
      @felixfiedler4982 2 роки тому +14

      What a "suprising" fact. But prior to WW1 almost no woman had a "job"

    • @juanpaz5124
      @juanpaz5124 2 роки тому +7

      Another loser just like daddy Marx

  • @peterg76yt
    @peterg76yt 2 роки тому +193

    Funny how people who say they dislike money really seem to just dislike the people who have any.

    • @CB-vt3mx
      @CB-vt3mx 2 роки тому +28

      More precisely, they hate that any other people have any. They are more than happy to have all of the money themselves and live the lives of the former nobility. Marxism, at its heart, is an ideology of theft.

    • @pattthepriest
      @pattthepriest 2 роки тому +9

      Currency*

    • @dpstrial
      @dpstrial 2 роки тому +14

      The basis of communism is envy.

    • @samsonsoturian6013
      @samsonsoturian6013 2 роки тому +12

      It's thinly veiled greed.

    • @user-iz4nm7oi2t
      @user-iz4nm7oi2t 2 роки тому +1

      Communists do not like those who have an indecent amount of money, this money could change the life of society for the better. And in this the communists are absolutely right ..

  • @Reathety
    @Reathety 2 роки тому +199

    You're really killing it with these economic videos.

    • @TheDunestyler
      @TheDunestyler 2 роки тому +7

      yeah. I also absolutely love them.

    • @YlL-ji2sl
      @YlL-ji2sl Рік тому +1

      He is portraying his ideology. That's it.

    • @flameofudun4238
      @flameofudun4238 Рік тому +2

      @@YlL-ji2sl so did you just now, great job

    • @YlL-ji2sl
      @YlL-ji2sl Рік тому +1

      @@flameofudun4238 By making a statement?
      Austrian school economics is an ideology just like marxist, neoclassical or keynsian economics won't you agree?

    • @flameofudun4238
      @flameofudun4238 Рік тому +1

      @@YlL-ji2sl and what a powerful statement it was🤞🏻

  • @monophthalmos9633
    @monophthalmos9633 2 роки тому +53

    It's worth noticing that Ludendorff had a nervous breakdown in late September 1918 and switched from promising victory to claiming that the war was lost and that the front might collapse within 48 hours. Since this incident, all decisions up until the armistice were conducted in a rush and full blown panic mode.

  • @TonyLS9A
    @TonyLS9A 2 роки тому +153

    Another amazingly well-researched and documented exposition. Bravo. In school I remember being confused by the missing details about the Weimar Republic and Hitler’s reaction to it. Now it does make logical sense. Thanks.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +24

      Awesome! I'm glad I could clarify it for you!

    • @ouss
      @ouss 2 роки тому

      @@TheImperatorKnight Tik I see that you use Mises and Rothbard as money economists, but they were wrong with their theories ie the quantity theory of money. Antal fekete explain money better and the current crises that we are living: they print money but inflation doesn't follow

    • @TheDunestyler
      @TheDunestyler 2 роки тому +11

      @@ouss first, your use of "inflation" is incorrect. "inflation" is the inflation of the money supply.
      Second, price rises are following. Just not always immediately.

    • @ouss
      @ouss 2 роки тому

      @@TheDunestyler Exactly what i was saying. Mises and Rothbard were wrong bcoz they believe in the Qtm were inflation is always and everywhere a monetary phenomena. Antal Fekete posit that falling interest rates causes falling CPI prices even when printing tons of currency which is happening right now is since 2020 M2 nearly doubled but prices didn’t go up as much.

    • @TheDunestyler
      @TheDunestyler 2 роки тому +3

      @@ouss but it IS a monetary phenomenon.
      and the price rises lag a bit. nothing else.

  • @bitterironing7505
    @bitterironing7505 2 роки тому +93

    Magnificent! Never could understand why the history on post-WW 1 Germany always seemed so confused and lacked any kind of logical narrative. Turns out the cause of the problem is not that unusual - the information has always been filtered and processed through an academia saturated with Marxist dialectic. Something we experience constantly in today's Woke world. The excised quotes are classic examples of deliberate misinformation embedded in current sources! And the exhortations to advancing the cause like a religious fervor amongst the masses... absolute gold! Bravo.

    • @tylerbozinovski427
      @tylerbozinovski427 2 роки тому +7

      We refer to deliberate misinformation as "disinformation".

    • @YlL-ji2sl
      @YlL-ji2sl Рік тому +1

      How lucky we are that we have the self proclaimed expert who understands basic economics (which of course makes him superior to Keynes) who is wading through the ideological swamps of the austrian school over and over again claiming it to be the absolute truth. I really enjoy his historical videos but the economic videos are just incredibly one sided.

    • @ikiyuz4344
      @ikiyuz4344 Рік тому

      @@YlL-ji2sl cause there is one economic structure that works and the other one enslaves people or brings ruin to the economy

    • @DanielGarcia-kw4ep
      @DanielGarcia-kw4ep Рік тому

      I wish it was so true that the Marxists controlled academia, it is infested with liberal bias lol

  • @michaelk19thcfan10
    @michaelk19thcfan10 2 роки тому +195

    I shake my head at how Red Rosa Luxemburg has been portrayed as a martyr. She is portrayed as a compassionate fighter for justice. If she acquired power, she would have no qualms running up the body count as Lenin did during the Red Terror.

    • @flyboyben8384
      @flyboyben8384 2 роки тому

      Would she have murdered the Jews?

    • @franzjoseph1837
      @franzjoseph1837 2 роки тому +1

      Lolo yeah cause the indutstrialist oligarchs, Junkers, invesment bankers who drove Germany into WW1 in the first place were clearly not "driving up the body count".....like these are the same people who collaborated with the nazis cause profits were more important than people. Rosa should of been leader and drove those people into the sea. Maybe we wouldn't of had a second world war and the disease of nazism and cooperate fascism if she succeeded. Rosa was a martyr for a better world not ruled by sociopathic racist elites who see people as tools to enrich themselves.

    • @dusk6159
      @dusk6159 2 роки тому

      Imagine the ridicolousness and the disappointment of living in places where criminals and genociders of that kind and of that political ideology even get shools named after them.
      Absolutely backwards and delusional.
      Will we ever learn for good? Maybe after this yet another russian invasion in Europe?

    • @jonathanwilliams1065
      @jonathanwilliams1065 2 роки тому +14

      And her organization is still causing problems in Germany and America
      In fact one of their leaders, who was also involved in the SED, runs organizations that fund Antifa and the Democrats
      The Epoch times had a special on him but I can’t remember his name at the moment

    • @franzjoseph1837
      @franzjoseph1837 2 роки тому

      @@jonathanwilliams1065 lolo yes cause that's what's driving climate change, the insane wealth gap, and the endless conflicts across the globe. You people are slaves to your national news syndicates funded by billionaires who steal your wages and taxes.

  • @q0w1e2r3t4y5
    @q0w1e2r3t4y5 2 роки тому +54

    This is one of your most important videos ever, Lewis. Probably in the top 3. Incredible revelations! And very grave ones at that.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +15

      I'm glad you think so! I did put a lot of work into this one, so I'm happy to hear you think highly of it

    • @dusk6159
      @dusk6159 2 роки тому

      No doubt, TIK is doing uniquely rare and uniquely fundamental and needed information, although it's nothing new.
      But with the videos related to the socialists/to the mythologized totalitarian buddy of the extreme right wing he is especially doing god's work (figuratively, here there's no cultist and religious like the socialists and the communists :) ).
      He's divulging the history and obscure causes and processes that went down in those explosive years in Europe, Germany and elsewhere too.

    • @NoReprensentationWithoutTax
      @NoReprensentationWithoutTax Рік тому

      Its bullshit like all his politics videos. Libertarian ideology damaged his perception ability. Its interresting though because it reveals how libertarian see the world.

  • @Jie_Da197
    @Jie_Da197 2 роки тому +33

    Just discovered this channel by accident on my recommendations, I’m glad to say this was one of the best accidents to have ever occurred in my life. Especially the video that explains why Hitler is a socialist, I couldn’t fathom how on earth is this channel is free to watch, don’t stop making content bro. Thank you so much for this. 👏

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +7

      Well, I'm certainly glad you've found the channel. Welcome aboard!

  • @HistoryHustle
    @HistoryHustle 2 роки тому +42

    There are very interesting photos about this uprising. Thanks for sharing this, TIK. Especially the action photo on 33:38 is incredible to see.

  • @Ushakov_Mykyta
    @Ushakov_Mykyta 2 роки тому +90

    Rosa Luxemburg is literally the meme about leftists' memes being just sheets of text.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +50

      I haven't heard about the meme, but I can certainly see why. Leftist authors seem to compete with each other to write as much purple prose as possible in order to overwhelm the reader with boring nonsense. Then, about 500 pages in, they actually get to the point. And yet, people call them "intellectuals". No, they need to go back to school and learn to write properly.

    • @juliantheapostate8295
      @juliantheapostate8295 2 роки тому +32

      Yep. People who fail to keep it brief usually are trying to obfuscate.
      By way of contrast, see how von Mises or Sowell put their points across. It's as if they're being charged by the word

    • @zejdland
      @zejdland 2 роки тому +13

      @@TheImperatorKnight leftists have a lot of logical problems. funny how the left hates the rich corporations,,, yet they are completely supported both financially and ideologically by them.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +19

      @@juliantheapostate8295 I must admit, some of Mises's works (more the early ones, like his "Socialism", which is a great book) aren't particularly easy to read. He was targeting other economic intellectuals, not the common man, so it sort of makes sense. But his middle and later works (e.g. Omnipotent Government) are easier to get into.
      Sowell, of course, is a great read.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +20

      @@zejdland "leftists have a lot of logical problems. funny how the left hates the rich corporations,,, yet they are completely supported both financially and ideologically by them."
      I've had this argument numerous times with people, yet they seem blind to the obvious truth. There's a guy in the comments now ("John Lenin") calling me a "corporate stooge". They have no idea. Socialists are the ones calling for the policies that create and then setup corporate monopolies, yet they're blaming the free market for it.

  • @picklejarmonsterfanboy9367
    @picklejarmonsterfanboy9367 2 роки тому +78

    Rosa Luxembourg, a socialist, had never held a job and came from a wealthy family
    many such cases

    • @samsonsoturian6013
      @samsonsoturian6013 2 роки тому +12

      That's generally the case with economic rebels.

    • @remainselusive1
      @remainselusive1 2 роки тому +13

      She was Jewish.

    • @gagamba9198
      @gagamba9198 2 роки тому +17

      Never ending teenaged rebellion. 'Daddy, notice me. Daddy, love me.'

    • @samsonsoturian6013
      @samsonsoturian6013 2 роки тому +3

      @@remainselusive1 relevance?

    • @picklejarmonsterfanboy9367
      @picklejarmonsterfanboy9367 2 роки тому +13

      @@remainselusive1 i am convinced Jewish socialists are a product of self-hating unsuccessful Jews being jealous of their productive cousins

  • @gimzod76
    @gimzod76 2 роки тому +48

    Had never heard of the communist Holy book original title. Makes my joke of calling my Vbcw communist forces political officer a communist preacher even more true.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +19

      Yes, Engels was the one who asked Marx to change the name from the "Communist Confession of Faith" to the "Communist Manifesto".

    • @janu2997
      @janu2997 2 роки тому +3

      If you like this check out James Lindsay's New Discourses. He really digs deep into the roots of the current strands of neomarxism and produces a religious geneaology back from today's authors to most notably - Marcuse, Marx, Hegel, Rousseau; and essentially thinks this whole strand of thinking has its origins in Gnosticism. (Lindsay is an atheist btw)

  • @pulgadog9590
    @pulgadog9590 2 роки тому +46

    This part of my high school education never made sense to me. Your explanation of socialism, communism and the socialist nationalists all coming from similar idealogical roots makes far more sense. Thank you.

    • @TheDunestyler
      @TheDunestyler 2 роки тому +3

      pretty much the same roots, in fact^^

    • @allangibson2408
      @allangibson2408 2 роки тому +5

      And then you need look at the other side with the same level of detail - dictatorship of those with money (unbalanced capitalism) is equally repugnant.

    • @aussenseitermagazin
      @aussenseitermagazin 2 роки тому +1

      @@allangibson2408 🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️

    • @destubae3271
      @destubae3271 2 роки тому +1

      @@allangibson2408 "Other side" I disagree. I think heavy corporatism is a product of socialism as well. That's why they call it champagne socialism

    • @allangibson2408
      @allangibson2408 2 роки тому

      @@destubae3271 You are confusing feudalism - where the monarch owns everything and loans it out to his favourites ie Russia until 1918 and from 1922 onwards… (Russia never actually did “communism”).
      Democratic principles require restraint on pure capitalist societies to function - otherwise those with money own the government and they can act above the law ie United States until 1963 and from 2009 onwards.
      A balance is required for a truely “civil” society. The function of a truely honest democratic government is to maintain that balance and provide a “levelish” playing field (including in the political field) - and that is very hard.

  • @seanb9292
    @seanb9292 2 роки тому +49

    Enlightening as usual TIK. Appreciate the detail and 'clarification' of the edited commentaries used to sell the socialist and communist arguments. Too often we are taught and told they are different.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +17

      Yes, and it's actually quite common on Wikipedia. I was surprised to see Sewell do it, since he said he had nothing to hide. But apparently he does. The worst part is, the reviewers of his book on Amazon are not only singing his praises, but are "more determined" to fight fo Socialism after reading it. Terrible.

    • @edwarde9024
      @edwarde9024 2 роки тому +2

      @@TheImperatorKnight TIK what are your thoughts on the “uprising” that took place on January 6th 2021 at the Us capital. The people on the left claim that this was fascist endeavor yet they praise social democracy from a leftist perspective

  • @Arkantos117
    @Arkantos117 2 роки тому +25

    Imagine how much more damage governments/banks could do if we didn't have cash and only used digital currency.

    • @Sizt
      @Sizt 2 роки тому

      How?

    • @nampot1191
      @nampot1191 2 роки тому

      @@Sizt Because then interest rates could theoretically go below 0, and the bank could charge you to keep your money with them. If I'm understanding this right: ua-cam.com/video/X3L0_pjRdcs/v-deo.html

    • @Sizt
      @Sizt 2 роки тому +1

      @@nampot1191 interest rates below 0 is catastrophic for economy. You can look at Bitcoin. In this case money become more valuable than product. So noone have to produce anything, just to keep money.
      Although for a short time it is possible. It may even increase production after crisis.

    • @bobhabib7662
      @bobhabib7662 2 роки тому +3

      Which is exactly why they are pushing digital currency down your throat.

    • @joaodorjmanolo
      @joaodorjmanolo 2 роки тому +1

      CBDCs

  • @michaelstanton7904
    @michaelstanton7904 2 роки тому +75

    Thanks TIK, I really need to learn a lot more about economics. Keep up the great work.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +25

      I always recommend three books to start:
      1. "Economics in One Lesson" by Henry Hazlitt
      2. "Basic Economics" by Thomas Sowell
      3. "America's Great Depression" by Murray Rothbard. (You can find this one online for free)
      Then you can pretty much follow them up with whatever you like. I do think Mises' "Socialism" is a good read for any Socialist who still thinks Socialism is a good idea. And you can find this one online for free too.

    • @sonnyjim5268
      @sonnyjim5268 2 роки тому +3

      I would add ‘The Dying of Money’ by Jens Parrson to round out Tik’s list. It provides an excellent understanding of inflation and incidentally it uses the Weimar Republic as an example (in addition to the US) so you’ll be in a better position to understand as Tik’s narrative unfolds.

    • @johnmanole4779
      @johnmanole4779 2 роки тому +3

      @@TheImperatorKnight Tik do you ever plan to write a book 📖 based on all these information that you have offered us? I sure would buy them!

  • @Dilley_G45
    @Dilley_G45 2 роки тому +8

    One of my ancestors fought for the Freikorps. I'm very happy he helped smashing communism in Germany

    • @occidentadvocate.9759
      @occidentadvocate.9759 2 роки тому

      He must be a great man. Salute. ✋

    • @TheKumarImpressions
      @TheKumarImpressions 2 роки тому +1

      Salute to your ancestors

    • @Dilley_G45
      @Dilley_G45 2 роки тому +3

      @@TheKumarImpressions just to add. ... he was not a Nazi. He got in trouble with the nazis. He was staunchly anti communist and a Conservative Christian. Persecuted by reds and browns and forgotten after ww2

    • @faresrizk7725
      @faresrizk7725 4 дні тому

      ​@@Dilley_G45 God bless those, like your grandfather, the often neglected double-resisters of both Red & Brown Plagues.

  • @antonijostojanovic3602
    @antonijostojanovic3602 2 роки тому +33

    Sorry but I couldn't stop laughing when TIK said Rosa Luxemburg never had job. Fun fact, major of capital of Croatia Tomislav Tomasevic who is leftist also never had a job before.

    • @AK-hi7mg
      @AK-hi7mg 2 роки тому

      Do you call him tom tom then ?

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +31

      There are loads of Socialists who never had a job. Marx barely worked (can't remember but I'm fairly sure he never had a job as well, or just a quick one), and it was Engels that supported him. He begged off his mother, and Engels, and his other friends, yet had a wife and kids to support, as well as a maid, whom he cheated on his wife with and had a kid with. Her's one quote about Marx's notes on Volume 3 of Das Kapital:
      “Not only did the notes need to be turned into finished prose, but the statistics were all wrong. For all his work in economics, Marx, it turns out, was as inept with math in general as with his household finances.” - Muravchik, “Heaven on Earth,” Kindle p88.

    • @antonijostojanovic3602
      @antonijostojanovic3602 2 роки тому +5

      @@AK-hi7mg Unfortunately people here are so polarised in clash of left vs right that they missed this incredible opportunity to call him tomtom

    • @antonijostojanovic3602
      @antonijostojanovic3602 2 роки тому

      @@TheImperatorKnight Today I learned, its incredible how you interest someone in your topics and as you said this definetly sheds light on why people did not like j**s( I dont want this comment to be censored just because of one word) then, cant wait for next episode and wish you all the best

    • @hermitoldguy6312
      @hermitoldguy6312 2 роки тому +6

      Stalin never had a job. He went from student priest to bank robber.

  • @GendoIkari
    @GendoIkari 2 роки тому +45

    The problem here is that you are merging two different things. I'm not defending the marxists position, I'm just explaining what they believed.
    You are mixing in your references and in your summary of Marx position two different levels. Two levels that were extremely separated and well defined in the marxist doctrine: structure and super-structure, aka economic structure and political/cultural structure.
    In marxist theory the real deal, the real essence of the society is the economic structure. The super-structure is just determined by the underline economic structure. (Again I'm not defending this view here, I'm just describing the point).
    When you talk in the video about "democracy and freedom", accusing Marx to lie about that, you are just missing the context of the Marx doctrine. Marxists socialists/communists didn't believe you could have a "democracy" if the underline economic structure was a capitalistic structure. This is what they call "dictatorship of the bourgeoisie". Yes of course you can vote, and you can have a limited amount of freedom, but this is just an illusion. Under the "dictatorship of the bourgeoisie" you will never have a real democracy and a real freedom, because the economic structure is not changed. And the economic structure is all that matters.
    This two levels cannot be mixed.
    Did Marx want a dictatorship, as you insinuate in the video? To answer that you have to clarify first what is the level you are considering. The economic structure? Than yes. Marx clearly and plainly said that the worker class should conquer the political power to change the economic structure to enforce a "dictatorship of the proletariat".
    Are you instead talking about the political level? Than the answer is: your question has no meaning for a marxist.
    Because the political level is determined by the economic structure. You cannot have an economic system where the worker is in power, and at the same time a super-structure where the worker is oppressed. And vice-versa. (Again I'm not defending this position, I'm just reporting it).
    So for a marxist if you change the society, remove the class system, changing the economic structure of the society, you will necessary have a society where the workers will have the power in the super-structure too. Is not an option.
    About the role of the State, this problem occupy a lot of space in the marxist literature, with many different ideas. The core concept however is that the State exists only to handle the class struggle, to protect the dominant class. If there are no classes, there's no need for a State. The end goal of the communist is to reach a classless society where there's no State.
    At the core of Marx ideas there's infact anarchism, like Bakunin (the famous anarchist). The problem is what to do during the transition.
    The very next day after the revolution, the working class is in power, do we still have class conflict? For Marx the answer is yes. We still have the class struggle, because the bourgeoisie lost its power but it's still there. So the State (in the hands of the working class) has to protect the revolution.
    All the concepts of "totalitarian states", "democracy", and so on, are meaningless for a marxist. There's no lying, everything is explained in plain sight. If the working class has the power (inside the STRUCTURE!) than necessary they will have the power in the super-structure, therefore the State will be used by the working class to protect themselves. The State is just a tool for the working class, in the same way as during the "dictatorship of the bourgeoisie".
    Why social reforms are bad?
    They are bad if they are used to preserve the capitalistic economic structure. That's the entire point. Because, as we said, for a marxist is the economic underline structure that matters. If you give something to the working class to keep them slaves, that's bad, even if the little something you are giving them is locally good.
    The king can keep all the power for himself and, at the same time, be generous granting something to the peasants. Is it bad giving something to the peasants? No it's not. But the structure as a whole, the society as a whole is terrible, the slave system is not abolished, and the king is still the king.
    What makes the king a king, for a marxist? The economic structure.
    Again, everything is written in plain sight. For marxist the "capitalistic democracy" is just slightly better than the "capitalistic dictatorship" (super-structure concept), because the real deal, the economic system (structure) is the same in both systems.
    If the working class wants to be really free has to change the structure.
    All of this may be very wrong, but this is not a totalitarian idea masked as "democracy". Marxists don't want a democracy at super-structure level. Marxists simply don't value the political system (super-structure) as much as the economic system. If you want to understand them you cannot mix these two things.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +31

      Thank you very much for laying that all out! I agree with your assessment and explanation, even if I disagree with the Marxist world-view.
      As you said, Marx wanted an economic system where the worker was in power, calling that "democracy". But it isn't democracy. Yes, in their mind, the Soviet dictatorship is a democracy, but in the real world it isn't. So what I'm calling out is the Hegelian emotionalism (I refuse to call it "logic") that allows them to lie. In Marx's idea of how the economic super-structure would work, that would be totalitarianism, because the workers being in control of the means of production is totalitarian, and the reason why is that the politics is required to dictate the economics. You cannot get to worker control without the political structure.
      So yes, in their mind, they don't see it that way. But in reality, that is how it is. Socialism = totalitarianism.

    • @GendoIkari
      @GendoIkari 2 роки тому +16

      @@TheImperatorKnight thank you for the answer. I have an extremely high regard for your videos and your opinions, and I fundamentally agree with you even with this video.
      However I would say something different here.
      The problem with Marxist doctrine is they extremely simplified their model of society. They removed the individual as a valuable part of the equation.
      When Marx is talking about classes, he genuinely believe that all workers share the same goals, roughly speaking.
      If what is good for me is good for all the workers at the same time as well, the liberal system of rights lose its value. It doesn't matter as long as we, as a class, are in power.
      Be careful however that this doesn't necessary mean totalitarianism.
      Totalitarianism (as Anna Harendt conceived the term) is about concentration of power.
      Marx is not saying that the power should be concentrated in one single institution. That's a level of detail that is debatable.
      You could have a decentralized State where every factory, every farm, every town has a council of workers with the power.
      That wouldn't be a totalitarian State, but it would still be a "dictatorship of the proletariat" situation.
      If the working class has the power to control its own work, inside the economic system, it is the ruling class.
      If you have a central committee, or 10.000 local committees, it's still communism.
      Again, they are two separate different levels.
      On the economic level, a class can rule when the economic roles make it rule.
      On the super-structure level, it can be pretty much anything you want. General elections? Local elections? Workers councils? Workers committees? These are just details.
      And Marx really believed that the working class would have eventually found its own road to power. The face of this imagined configuration "dictatorship of the proletariat" would have been determined, based on the specific historical context of the revolution, by the working class itself.
      Again, underestimating the individual.
      History is above individuals. History is about classes and economic systems.
      Honestly I don't see any of this as "lies" or "totalitarianism".
      It's a oversimplification based on economic misconceptions, that will eventually be the poisonous root that killed all the tree, and everything it touched.

    • @aasphaltmueller5178
      @aasphaltmueller5178 2 роки тому +3

      @@GendoIkari thank you for your effort; a pet theory of mine here is, that Marx overlooked - or did not see befor his death - that the "working class" was fractring, and a lot of workers, especialy the better traine d and paid ones, became actually "petit bourgois" and as such counterrevolutionary in Marxist terms. Also he lived in england, with it's more rigid class system - in Austria, for example, one of the best Generals of WWI, Böhm - Ermolli, was the son of a cobbler. In this sense viewing this video and reading your post, I come to think that a "social democrat" would not belive in the class system in a marxian sense and as such could also not belive in the revolution.

    • @oisnowy5368
      @oisnowy5368 2 роки тому +1

      @@TheImperatorKnight Amen. Hopefully it can be shown to many people and hopefully they will learn to form their own conclusions. Or perhaps they are better off being stuck to tanks. /Sarcasm.

    • @januslast2003
      @januslast2003 2 роки тому +3

      @@TheImperatorKnight I think Marx reacted to the economics of the day and did not develop a workable political or economic system. And then he died. So the freshly-in-power communists had to use their imagination to develop an economic and political system - while fighting civil war, and WW2. A complete mess, of course. It is relevant for a History of Ideas course, but in practical terms, I'm sure everyone agrees that it was all just a big mess. And each variation was bounded by time and place so wide conclusions cannot be drawn.
      Perhaps the Chinese Communist Party has come up with "communism" that works: "laissez faire" economics at the micro level, state planning/control at the macro level, and the CCP holding sole political power. Whether it will work in the long term or in any other country, is of course, unknown.

  • @EdAtoZ
    @EdAtoZ 2 роки тому +16

    TIK, I do think your getting better at the organization and presentation of these political video. Bravo !

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +6

      Oh wow, thank you! I'm certainly trying to improve my videos as best I can

    • @EdAtoZ
      @EdAtoZ 2 роки тому

      @@TheImperatorKnight I know what I am about to say is an Americanism but I would like to see someone do this approach to the "Bi-metalism" economic and political question that ran as a hot issue starting in the 1880's and was still a back ground issue in the 1930's to 1971. too bad it will not happen.

  • @PockyFiend
    @PockyFiend Рік тому +4

    And remember, they said "dictatorship OF the proletariat," not "dictatorship BY the proletariat."

  • @Swellington_
    @Swellington_ 2 роки тому +27

    I had to listen to the part about the attack on the barracks and then couldn't figure out why the military didn't wanna join em, twice,if it wasn't for people getting hurt and killed,it would almost be called slapstick comedy,I mean what the hell? These people clearly had no idea what they were doing 🤣😂🤡

    • @arnonymius
      @arnonymius 2 роки тому

      If you are a true fanatic and would die for your believes you can't understand people that aren't, regardless of what you do to them. Rationality only works until its confronted with ideology.

    • @whisped8145
      @whisped8145 2 роки тому

      The CHAZ of a hundred years ago.
      Same level of brain capacity.

  •  2 роки тому +8

    Another great episode! I like this series on "BankWars". Good analysis of political and economic issues. One can or not agree with you but you certainly provide useful information for everyone to make up their own minds...great work and cheers from Peru!

  • @oscaromana17
    @oscaromana17 2 роки тому +40

    Well, with this BankWars episode and the past one, I already gattered enough arguments to tell my university professor that Marxism is not sustainable development of the environment., I don't know where he got that idea from. Thanks TIK!

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +30

      I wouldn't challenge your professors. Play the game, nod and agree with them, tell them what they want to hear and get the grade. Once you've got the grade, then you can start challenging others if you want to.

    • @oscaromana17
      @oscaromana17 2 роки тому +5

      @@TheImperatorKnight As you say, one just played along at the moment to avoid problems or repercusions., Although ironically, they are the ones that ask for different opinions to comment on them, but if they hear something contrary to the words of the all-powerful Marx, they impose their authority. Also having to read Marx in every semester is something unfortunate and common in social sciences, that limit the knowlegde of other theoretical schools.

    • @tonyromano6220
      @tonyromano6220 2 роки тому +1

      They believe all sorts of silly shit.

    • @tonyromano6220
      @tonyromano6220 2 роки тому +4

      @@TheImperatorKnight won’t be a game left to play if young people don’t rebel.

    • @omarbradley6807
      @omarbradley6807 2 роки тому +2

      @@oscaromana17 I will recomend you to better influence your classmates, rather than go against the proffesor beliefs, However it is also important to acknowledge the Marxist influence over the left wing, is not the origin neither the continuation of the Left Wing movements in history.

  • @oslier3633
    @oslier3633 2 роки тому +23

    Will socialists ever agree on what socialism is?

    • @gimzod76
      @gimzod76 2 роки тому +17

      Around the same time as the heat death of the universe

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +30

      I must say, I do like it when two socialists who disagree with me on the definition of Socialism get into a heated debate with each other in the comments of my videos over the 'true' definition. It quickly devolves into a swear-word competition, and obviously both of them accuse each other of being 'fascists' and members of the 'far-right'.

    • @endcensorship874
      @endcensorship874 2 роки тому +15

      They can't because that would give the game away: Totalitarianism.

    • @samsonsoturian6013
      @samsonsoturian6013 2 роки тому +5

      Of course they can't. They each will only be happy only if they are in charge.

    • @daveharrison4697
      @daveharrison4697 2 роки тому

      @@TheImperatorKnight that would be those far-right fascists that were an outgrowth of the Italian trade-union movement. God I love these modern middle-class socialists. Its like visiting Bedlam in the 19th century, except its free.

  • @viz12345
    @viz12345 2 роки тому +13

    And here we are... the history has came full circle. EU 2022 = Weimer Rep. 1922

  • @castlecircle7612
    @castlecircle7612 2 роки тому +3

    Watching 13 days after posting, was on vacation and i turn off all media during.
    Lewis, this is a service to humanity and liberty and i (my name is Pat) want to thank you personally for it. I am proud to support you on Patreon, its some of the best fiat currency i have ever spent.
    Thank You.

  • @morningstar9233
    @morningstar9233 2 роки тому +12

    44 minutes and 22 seconds of sheer brilliance. Thanks Tik for clarifying a complicated and often misrepresented period of history. This series really helps my broader understanding of how and why WWII happened. Indebted to you for all the hard work you do so viewers like me can just tune in and learn. You seemed really energised delivering this one.

  • @stein5763
    @stein5763 2 роки тому +7

    literally the best video ive ever watched at a party, thank you for the subtitles tik i couldnt hear you over the yelling and music but the subtitles came in clutch, unfortunately someone called me a nerd tho :

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +2

      Must have been a dull party!

    • @stein5763
      @stein5763 2 роки тому +1

      @@TheImperatorKnight i can assure you nothing could be dull with one of your videos!

  • @MrArthoz
    @MrArthoz 2 роки тому +5

    Thanks Tik for your teachings in economy...been watching your channel for a long time. I used to work as site engineer but now resigned and returned to my hometown to become a farmer. Started a vegetable farm in my orchard and would also grow some more fruit trees and sorghum just in case we'll be facing dangerous times ahead. I live in Malaysia and even in Indonesia people are starting to adopt sorghum as alternative to rice due to increasing food prices and scarcity of supply.
    Keep up the good work you are doing and all the best!✌

    • @neilreynolds3858
      @neilreynolds3858 7 місяців тому

      It's a year later now and they're starting to go after farmers. I hope they haven't gotten to Malaysia yet.

    • @MrArthoz
      @MrArthoz 7 місяців тому

      @@neilreynolds3858 in some ways they are making farmers difficult. In Malaysia there are government subsidies on food and law of minimum and ceiling prices for consumers.
      However there are no ceiling prices when farmers sell our produce. Also we have to buy fertilizers, chemicals and other farming stuff without subsidies and at open market prices.
      Food prices are increasing. Farmers don't really care anymore. If we can't make profits then we just grow cash crops instead. Late last year our government sent a minister to beg the Indian government not to limit rice export to our country.
      Malaysia has lost its food security...soon its independence too.

  • @TheDunestyler
    @TheDunestyler 2 роки тому +7

    It's really telling that I have to listen to each of your videos at least twice to have even a slight hope to catch all the most important information and be able to put it into a full picture.
    The information, especially if put into context, is so concentrated, it's basically impossible to catch everything on the first go.
    edit: I love that.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +3

      Is this a good or bad thing? I've been wondering if my videos are too detailed

    • @TheDunestyler
      @TheDunestyler 2 роки тому

      @@TheImperatorKnight no it's perfect.
      The fact that there is so much detail means that it all starts making sense, finally.
      Especially: not everyone has the time or can put in the effort that would be needed to research all of this ourselves.
      Your videos provide us with the opportunity to actually understand what went wrong in the 20th century.

    • @namenameson9065
      @namenameson9065 2 роки тому +2

      @@TheImperatorKnight It's a good thing! Your videos stand out because of the details. Those are details Marxists would prefer you gloss over!

    • @TheDunestyler
      @TheDunestyler 2 роки тому

      @@namenameson9065 exactly. more learning can never be a bad thing.

    • @TheDunestyler
      @TheDunestyler 2 роки тому

      @@TheImperatorKnight btw: Callum from the Lotuseaters has been saying he wanted to find a way to get a hold of you to have you on sometime.
      maybe you wanna consider it?
      He's been quoting your "Hitler's Socialism" video repeatedly^^

  • @SNOOPY_-
    @SNOOPY_- 2 роки тому +6

    im hanging on your lips with every sentence (well figure of speech ofcourse) you have no idea how well you educate people with your knowledge and research! thanks TIK,keep up the amazing work!

  • @KatyaAbc575
    @KatyaAbc575 2 роки тому +16

    Hello TIK, I have a request for future videos.Whenever you are quoting someone, could you please include the text in the original language, alongside English as well? As a native German speaker, I always wonder how much meaning is lost trough translations into English. Other channels, like "Military History visualised", do great jobs at this. Thank you.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +4

      It might not be practical to do it, but I will consider it. Thanks for the suggestion!

  • @jakman2179
    @jakman2179 2 роки тому +9

    Fantastic work and honestly a bit chilling when looking at current politics. History may not repeat itself, but it is seeming to rhyme as always.

    • @tonyromano6220
      @tonyromano6220 2 роки тому

      Everything the 🥔 and crew do has been demonstrated in history to always not work. It is amazing.

  • @TheKingOfJordan1
    @TheKingOfJordan1 2 роки тому +2

    This is a great series for someone like me who knows basically nothing about economics. It's very explainative without being condescending, and I really like that you show what sources you use at the bottom of the screen.

  • @paulkachevsky7915
    @paulkachevsky7915 2 роки тому +12

    Hi Tik,
    I am pretty sure I have seen every video you have made several times. Your research skills and knowledge base are truly amazing. I had originally drafted a huge comment.
    But after reading it several times I came to the realization that the banks and the socialist are working hand in hand to control governments around the world. Gold money stands in the way as it is in limited supply. Thus, everything we have seen since the late 1800 has been an effort by the banks to take gold out of the equation and substitute it with paper. Since banks control the paper, they in effect control the world.
    Thank you for helping me get there.
    Paul

  • @voiceofliberty
    @voiceofliberty 2 роки тому +10

    Wow another masterpiece of yours! Really impressive to see the amount of research and work you put into the Video.
    I am not a marxist and therefore not a believer of the labour theory of value, but in this case, I will make an exception.
    PS: I have one wish. Can you please make a video about the History of Austrian Economics, after this series?
    Libertarians of the world, unite!

  • @NJP9036
    @NJP9036 2 роки тому +8

    This is very relevent for today. Thank you.

  • @michaelfreiherr
    @michaelfreiherr 2 роки тому +2

    TIK, it is impressive how you keep on publishing videos on a regular basis while at the same time keeping the quality at an extraordinarily high level. I don’t know how to praise you enough.

  • @morphyox6453
    @morphyox6453 2 роки тому +3

    I've been waiting anxiously for this video, and shall be for every one to come in this series.

  • @craigsimmons6496
    @craigsimmons6496 2 роки тому +8

    I'm only at 13:55, and I so in loveeeeeeeeeeeeeeeeeee (!) with this vid. Our host is annihilating Socialism! Well done! Is there any way for me to LIKE this vid more??!!

  • @Lagassejames
    @Lagassejames 2 роки тому +4

    “The goal of Socialism is Communism.” - Vladimir Ilyich Lenin.

  • @robertsansone1680
    @robertsansone1680 2 роки тому +4

    It's refreshing to hear from a person that does his own research. Most college graduates that I know, "pray to their professors" before they go to bed. I quote Socrates to them, "When a man claims to be intelligent, question him". I also quote Mark Twain, "I've never let my schooling interfere with my education". I seriously doubt that I've gotten any of these robots to use their own brains. Thank You for an excellent documentary.

    • @robertsansone1680
      @robertsansone1680 2 роки тому +2

      @Ho Lee Fukk Yes Sir. When my niece, a college student, would disagree with me about a historical comment I would make, I would recommend that she research the subject to obtain the truth. I would also recommend that she research the claims of her professors. I told her that I would be proud of her for doing that. She never did. She had to much faith in her Marxists professors. To check on them would be blasphemy.

    • @neilreynolds3858
      @neilreynolds3858 7 місяців тому

      @@robertsansone1680 Literally blasphemy... How do you stop a new religion after it's come to power? You don't. You try to find some way to live with it. People keep thinking that it's a political question but that isn't even looking at things correctly so we're not even to stage one in living with it.

  • @tlip3480
    @tlip3480 2 роки тому +5

    I love that old saying especially this day in age. A socialist is just a communist without a gun.

    • @allangibson2408
      @allangibson2408 2 роки тому

      And capitalist with a gun is just as bad…

  • @theowlfromduolingo7982
    @theowlfromduolingo7982 2 роки тому +4

    In times of relatively high inflation in Germany today and the politicians being unable to deal with it (again), thanks for this video

  • @jayjayson9613
    @jayjayson9613 2 роки тому +24

    Great series TIK, there are many reasons wars happen and there's often many layers. Really like videos like this and appreciate your attempt in examining this subject.
    At 29:45, so well said "Stupidity at its finest"

  • @craigsimmons6496
    @craigsimmons6496 2 роки тому +10

    I'm only 11 minutes into this vid, and LOVE IT!! Wish there was a second and a third thumbs up button. Like a great wine, I am savoring this condemnation of the vile ideology of socialism.

  • @orandor1
    @orandor1 2 роки тому +10

    This puts so much into perspective. Thanks TIK.

  • @whisped8145
    @whisped8145 2 роки тому +6

    History never made sense in school. I loved history school destroyed that with utter blandless and lacking detail and, let's face it, logic. It was just random bits and pieces when it got to the 19th and 20th century.
    I went to school in post-wall East Germany, all the Socialist teachers were still there, and are to this day, who got their positions for purity, not competence. We went over Nazi-times 3 times in my school years, but in the most superficial way possible that it all boiled down to this: Nazis bad, Hitler stole the power, some war happened (no details), 6 mio Jews holocausted (no mention of an additional 6 mio Slavs). No details. I learned more about the holocaust and Auschwitz from 20 year old BBC-documentary I recently found than in several years of school repeatedly going about the topic, including a schooltrip to Weimar, the holocaust museum as well as Buchenwald itself. How is that possible!? All we were told and shown was "Nazis bad and evil, be shocked of the death they brought". That is literally (in the literal sense) all. Then history ended in 1945. We did not even cover the Nuremberg Trials. Of course no history of East Germany, for noone wanted to admit to those atrocities, and nobody had any clue of what had gone on in West Germany, nor did our teachers care. Imagine being forced into an IQ-test later on, answering all the hard science knowledge questions (that should not even be in an IQ-test) but then missing one of the simple ones: "Who was the first German Chancellor (post war of course)?" I knew the name, but the associations weren't coupled in my head. Because we never even had that in school. In the 90ies and 00ies, we did not even learn the Chancellors of Germany post war. Can you even comprehend this? This is what Socialists do to you. There will be a day when they refuse to teach US-children the Presidents, for they despise them. They despise everything not Socialist, and everything not their brand of Socialist.
    Long story short: Public School does nothing but "misinform and disinform" as the Socialists like to complain about their adversaries these days. Socialists always seek control over the education system first, for they know they need to manipulate and brainwash the children of other people or they will not have new members in the future.
    Brainwashing is the simple act of filtering and warping information, and letting you only know anything from one, usually lying, angle - often coupled with the sentiment to never question said information/narrative and never even dare to consider talking with someone outside the belief, much less a critic, and not make your own investigations.

  • @whisped8145
    @whisped8145 2 роки тому +4

    33:33 "Freikorps" not "Friekorps"
    hint: "FREIheit" == Liberty/Freedom; "FRIEden" == Peace.
    It's not a peace-corps, but a free-corps

  • @MissingTheMark
    @MissingTheMark 2 роки тому +10

    This was a very interesting video, thank you. It's title was a bit misleading, though. "The German Revolution & Its Factions & like 30 seconds about hyper-inflation" would have been more accurate. :) I actually think that this video minus the roughly 30 seconds in which you mention hyper-inflation, with a different title, might be more widely viewed. It stands on its own and gives a lot of insight into National Socialism. Something like "The Origins of National Socialism in The Split of Democratic Socialism & Communism" is probably too wordy but would be a very accurate title. What's done is done, it's probably not worth the effort to change, and I hope that it gets as widely viewed as it should anyway. This really was very interesting.

  • @ShindlerReal
    @ShindlerReal 2 роки тому +2

    Best video series on YT right now. Can't wait for part 3.

  • @jonnaylor3154
    @jonnaylor3154 2 роки тому +26

    Communism and national socialism opposite cheeks on the same backside!

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +11

      That's an interesting way of butting it!

    • @jonnaylor3154
      @jonnaylor3154 2 роки тому +2

      The thing is try explaining what you know to be factually correct to uneducated morons, and they think your a far right nutjob😕😕

    • @johnnail532
      @johnnail532 2 роки тому

      Fjb

    • @janu2997
      @janu2997 2 роки тому

      @@jonnaylor3154 Try convincing and ardent vulgar marxist edjucated by the finest marxist/neomarxist philosophy department in the country. The thought has been excised as utmost heresy in their subconscious.

  • @felixmaximus9917
    @felixmaximus9917 2 роки тому +7

    Being a member of the SPD myself and also interested in history I really enjoyed the video (as always) and think that one can see the consequences made by my party. It is now staunchly democratic and thankfully criticizes both right AND left.

    • @GermanFreakvb21
      @GermanFreakvb21 2 роки тому

      Die JUSOS nennen sich immer noch explizit "JUngSOzialisten" und nicht "Junge Sozialdemokraten". Und von dem bisschen, was ich in deren Statements gelesen hab, passt das auch.
      Also komplett entfernt von Sozialismus ist die Partei nicht.
      Und sie ist definitiv noch links. Nicht Mitte.

    • @th232r6
      @th232r6 8 місяців тому +1

      Riiiigggghhhtttt

  • @bufordghoons9981
    @bufordghoons9981 2 роки тому +2

    Upon hearing "The Marxists lied and we believed them!" caused me to think of this:
    "And for this cause God shall send them strong delusion, that they should believe a lie:
    That they all might be damned who believed not the truth, but had pleasure in unrighteousness."
    --2 Thessalonians 2:11
    The common theme I see amongst Socialists/Communists/Marxists is Atheism. It is their common denominator, a disbelief in God and a hatred of Christianity.
    Rosa Luxemburg was a repugnant individual yet, there is a statue of her in Berlin to this day. She spoke "Freedom for all!" from one side of her mouth but "Off with their heads!" from the other side. These horrible people must never be elected to office and if exposed in office, thrown out forthwith.
    Great job Tik for producing this video. We cannot fully understand WWII without understanding the economic and political forces behind it. Well done! A+ Hyvä Tik!

  • @TheCruxy
    @TheCruxy 2 роки тому +12

    TIK showing that the general Austrian Economics understanding of the world not only is internally consistent but consistent to reality and applicable to historical understanding, a great addition to the movement and world

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +5

      Yes, it's by far the most accurate of the economic schools. I do like the Chicago School too though, although their ideas on Central Banking let them down.

    • @widehotep9257
      @widehotep9257 2 роки тому +3

      Austrians are wrong about money creation mechanics and wrong about how banks work. They believe the debunked Fractional Reserve model.

    • @ptkiller26
      @ptkiller26 2 роки тому +5

      @@TheImperatorKnight It's because they're Keynesians masquerading as capitalists

    • @12q8
      @12q8 2 роки тому +2

      @@widehotep9257 Adding "debunked" to your sentences doesn't really add weight to your point. Rather adds to its insubstantiality. A concise explanation would have sufficed.

    • @widehotep9257
      @widehotep9257 2 роки тому +1

      @@12q8 In 2014 Richard Werner proved empirically that fractional reserve banking doesn't exist. Werner proved that banks simply create new money when they lend with no need for prior deposits or reserves.

  • @cauyawolfe4724
    @cauyawolfe4724 2 роки тому +4

    TIK is producing these videos nonstop. He must've harnessed the power of wartime American manufacturing

  • @Glxblxt
    @Glxblxt 2 роки тому +3

    Somehow we seem to be at the exact same spot 100 years later and the same leftist hypocrisies are being praised.

  • @robertroonok1701
    @robertroonok1701 2 роки тому +2

    Howdy Tik... We're kindred spirits in that debate is what truly matters, not screaming nonsense... I wish you all the best, and do enjoy your videos. I to have studied history for forty years, and learn something new every day... Take care, and hang in there friend.

  • @coblow1681
    @coblow1681 2 роки тому +10

    My favorite videos are the non WW2 combat ones

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +4

      You're probably in the minority there, but I do think the non-combat ones are more important for people to learn than the combat ones. This video, for example, has a load of lessons that help give context to a lot of what happened later and still impacts us today. The previous video gave lessons on currency vs money, and (hopefully) opened a few people's eyes. So while I get that people want me to "stick to tanks", I don't think the harsh criticism I get when I do non-combat videos is valid.

    • @Anacronian
      @Anacronian 2 роки тому +2

      @@TheImperatorKnight I think they are both important, Cause and effect can not be described without taking both cause and effect into consideration.

    • @coblow1681
      @coblow1681 2 роки тому

      @@TheImperatorKnight To me, understanding what underpins decision making is more important than studying the decisions made bc there is no point in just looking at what happened without knowing why it happened. Knowing why is what allows us to compare better, understand out own times better, and know more about human nature.

    • @Sizt
      @Sizt 2 роки тому

      Still TIK can`t in economics, but his war videos is really nice.

  • @HansLemurson
    @HansLemurson 2 роки тому +5

    13:03 I had always assumed that the "suppression of wage-labor" referred to undermining the *system* of "wage slavery", not the workers themselves.

    • @semhustej
      @semhustej 2 роки тому +2

      I agree, I think this is misunderstanding by TIK. It makes no sense for Marxist to have suppression of labor (workers) as goal, because in their theory everyone should be labor (worker).

    • @destubae3271
      @destubae3271 2 роки тому

      Yep, that seems to be what she meant. I'm assuming her alternative to what she deemed wage-slavery would've been nightmarish though

    • @wayotito9984
      @wayotito9984 Рік тому

      @@semhustej You are correct in saying that TIK misinterprets what Rosa says. But it is not true that Marx wanted everyone to be a worker.
      When he speaks of abolishing social classes he also speaks of abolishing the working class. This means that in the new form of social organization that he proposes people will not be obliged to dedicate themselves to a single activity to obtain their livelihood. You can find this idea of Marx developed in "The German Ideology". Look:
      "And finally, the division of labour offers us the first example of how, as long as man remains in natural society, that is, as long as a cleavage exists between the particular and the common interest, as long, therefore, as activity is not voluntarily, but naturally, divided, man's own deed becomes an alien power opposed to him, which enslaves him instead of being controlled by him. For as soon as the distribution of labour comes into being, each man has a particular, exclusive sphere of activity, which is forced upon him and from which he cannot escape. He is a hunter, a fisherman, a herdsman, or a critical critic, and must remain so if he does not want to lose his means of livelihood; while in communist society, where nobody has one exclusive sphere of activity but each can become accomplished in any branch he wishes, society regulates the general production and thus makes it possible for me to do one thing today and another tomorrow, to hunt in the morning, fish in the afternoon, rear cattle in the evening, criticise after dinner, just as I have a mind, without ever becoming hunter, fisherman, herdsman or critic."
      You can also find this idea in Engels "Anti-Dühring":
      "It is true that, to the mode of thought of the educated classes which Herr Dühring has inherited, it must seem monstrous that in time to come there will no longer be any professional porters or architects, and that the man who for half an hour gives instructions as an architect will also act as a porter for a period, until his activity as an architect is once again required. A fine sort of socialism that would be-perpetuating professional porters!"

  • @mighty1330
    @mighty1330 2 роки тому +14

    Please make more economics videos

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +5

      I certainly intend to do this series. Although this video is more focused on the politics, just because the politics influences the economics that followed

    • @thefrenchareharlequins2743
      @thefrenchareharlequins2743 2 роки тому +7

      @@TheImperatorKnight Stick to banks

    • @mighty1330
      @mighty1330 2 роки тому +6

      @@thefrenchareharlequins2743 he does a very good refuting leftists 👍

    • @bghyst
      @bghyst 2 роки тому +1

      TIK really needs two separate UA-cam channels: one for politics, one for military affairs.

    • @thefrenchareharlequins2743
      @thefrenchareharlequins2743 2 роки тому +3

      @@bghyst Why not both?

  • @needmorebrain
    @needmorebrain 2 місяці тому

    God, I wish there existed fully dubbed versions of your videos in German. Your stuff would be so valuable in German history lessons. Great video. Keep up the good work!

  • @CMY187
    @CMY187 2 роки тому +2

    Thank you for the video, TIK. Regardless of whether I personally agree or disagree with your views and statements, your videos are always good to watch and they at least make me aware of and more interested in certain topics and subjects.
    Said it before; I’m a cynical misanthrope who sees most factions to just be as bad as each other.
    It’s important to note that - far from being a one-of-a-kind evil monster - Hitler was hardly unique in his views and beliefs. Many people believed in the same things as he did, and went along with his crimes and policies.

  • @clauschrist2791
    @clauschrist2791 2 роки тому +12

    Hi TIK! Thanks again for your great work. I really enjoyed it!
    Regarding the split in the SPD: as far as I know there were in fact two consecutive splits: the first between MSPD and USPD (already somewhen in 1916/17; they disagreed over funding the war further). The second split was after the war when the "communists" (Spartakusbund) split off the USPD. It was somewhat a "holier than thou"-thing. As far as I know they disagreed whether to set up a parliamentary or a councilary (sowjet) system.
    Keep up the excellent work. I´m looking forward to seeing your next video.
    PS: Sorry for my bad English

    • @Hornwiesel
      @Hornwiesel 2 роки тому +1

      Your English is perfectly fine :D
      As long as you get your point across...

  • @rutessian
    @rutessian 2 роки тому +3

    Those peaceful protesters make me think of the fiery but peaceful protests of 2020.

  • @petriisoaho
    @petriisoaho 2 роки тому +2

    Thanks TIK! The best episode yet! Great Work! Love this!

  • @auraguard0212
    @auraguard0212 4 місяці тому +1

    KPD: "We should burn it all down."
    Rest of SPD: "Did you not just see what the heck happened in Russia?!"
    KPD: "Come again?"

  • @charlesjermyn5001
    @charlesjermyn5001 2 роки тому +32

    Finaly the part 2, I'm glad: some other history youtubers I love have sometimes this tendency of lacking rigor in the following of their series and some "ep1" remain orphans. In France, the schism happened at the Congress of Tours in 1920 and unlike what most believed, the majority of the Rad Socs deserted and join the new communist international: the Rad soc as a party of war lost the preference of the low-income peoples and the anarchists were dead or in jail, nature hates emptiness. I complete agree with what you say about leftists rethoric: if you are not with them you are a fachist, I have the same problem, for my university's friends, I'm a rightist nearly a nazi, for my more...concervative friends, I an awful leftist nearly a communist, there is nothing mature to get from politic partisans.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +23

      "some other history youtubers I love have sometimes this tendency of lacking rigor in the following of their series and some "ep1" remain orphans."
      Honestly, after the poor performance of the first video, I was considering whether to continue with it or not. However, I realized that I needed to publish the videos, even if they didn't perform well, simply so that I didn't waste all the research that went into them, and the fact that some people were enjoying the videos. Plus, I wanted to lay it all out as a way to fully understand what happened during the hyperinflation so that I could learn from it myself. Researching it is one thing, but putting it together into a script really brings the history alive for me. So to protect myself from inflation/hyperinflation, I needed to continue the series.
      -
      "if you are not with them you are a fachist, I have the same problem, for my university's friends, I'm a rightist nearly a nazi, for my more...concervative friends, I an awful leftist nearly a communist"
      Yep, join the club! Everybody is fascist if you're not Stalin, apparently... They're insane.

    • @ShindlerReal
      @ShindlerReal 2 роки тому +7

      @@TheImperatorKnight Please finish the series. It's incredible stuff.

    • @petervandyk7173
      @petervandyk7173 2 роки тому +1

      TIK: number of views can only go up. Hopefully your work will exist in some forum or other, many years from now, becoming part of history and the debate ("history lies in the heart of the debate" someone once said)
      Point being, your work is only wasted if you never publish it.

    • @shadowdoc31
      @shadowdoc31 2 роки тому +2

      @@TheImperatorKnight Please continue... your videos may not be getting the #'s they deserve (yet), but this is an important story that needs to be told. And sadly, this is an economic story that I fear is going to be incredibly relevant before long (thinking about inflation of Western currencies, in particular, the U.S. dollar as we begin 2022).
      There are many details that are lost in the fog of history, but the fact that unionized German workers did well (*relatively) during the inflationary period - but then lost ground as hyperinflation as contained - is important to understand. And also, the fact that "inflation" of a currency almost always correlates with a "scarcity" of goods, somewhere in the supply chain...

    • @jaskarvinmakal9174
      @jaskarvinmakal9174 2 роки тому +2

      I wouldn't say this is normal, It comes from people who are entrenched in their ideology so deeply that they can't tell the difference anymore. Kind of like how when you go deeper into a hole the light becomes smaller and dimmer.

  • @vitanus
    @vitanus 2 роки тому +8

    Disregarding anything else, just for his quick reaction to this coup alone, Ebert deserves alot of praise.

  • @Rachotilko
    @Rachotilko 2 роки тому +2

    As a sidenote, Benito Mussolini was also a social democrat in his young years. Be too became "disillusioned" and added the nationalism to mix.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому

      He split with the Socialists in 1917 for similar reasons, and founded the Fascist Party, which was Socialist in all but name.

  • @plflaherty1
    @plflaherty1 2 роки тому +2

    Outstanding! Really starting to bringing the whole distorted picture into focus for me.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому

      Glad to hear it! Certainly more to come that will (hopefully) make things even more clearer

  • @amicus1766
    @amicus1766 2 роки тому +4

    Thank you, thank you for these outstanding videos. This is one of your best ever. For years the general standard secondary sources never made sense, but you and some other historians have done so much in the last few years to point these pieces together correctly, but you have the inside/outside perspective that so often allows someone to see history correctly. Bravo!

  • @bobi6623
    @bobi6623 2 роки тому +6

    i am starting to like banks more than tanks... interesting how good of a job you do

    • @Ciborium
      @Ciborium 2 роки тому +2

      IKR! Lots of "tanks" channels. Very few "banks" channels, at least ones that are well-researched and reasonable as TIK

  • @AverageAlien
    @AverageAlien 2 роки тому +1

    Was awaiting this one keenly

  • @craigamiclever7952
    @craigamiclever7952 2 роки тому +2

    The parallels to what’s happening today in the US are frightening.

  • @snagletoothscott3729
    @snagletoothscott3729 2 роки тому +3

    Every single conflict in the 20th century = hot socialist on socialist action!

  • @mikeltelleria1831
    @mikeltelleria1831 2 роки тому +4

    These clowns are remembered as heroes in Berlin these days.

  • @sifuhotman1300
    @sifuhotman1300 10 місяців тому +1

    Imagine a silly paranoid PTSD soldier with a funny moustache seeing this, coming to the wrong conclusions... And even worse solutions.
    Guy might start a world war or something.

  • @065Tim
    @065Tim Рік тому +1

    The more I learn about socialism, the less patience I have for red flags and Che Guevara T-shirts...
    I fell for the socialist lie.
    I guess the quote still holds:
    " If you are young and not a socialist, you have no heart. If you are old and still a socialist, you have no brain."
    Orwell got my head straight.

  • @cydad111
    @cydad111 2 роки тому +5

    Well Well done, TIK, unfortunately, economic and history books are rarely translated into Chinese. Plus my English is not good. At present, I rely on Google translation.

  • @samsonsoturian6013
    @samsonsoturian6013 2 роки тому +3

    War often causes inflation as economies are destroyed much faster than populations. Less stuff divided among same amount of people equals rising prices.
    Emergency government borrowing also dumps more currency into the economy. I.E. inflation.
    Economic suffering is the part of war that can persist after the immediate end of the war.

    • @samsonsoturian6013
      @samsonsoturian6013 2 роки тому

      @@truongdangmanh7471 TIK focuses on the airhead politicians in this video.

  • @_Dovar_
    @_Dovar_ 2 роки тому +2

    We need the separation of state and currency.

  • @jamesk370
    @jamesk370 2 роки тому +1

    I like listening to your shows while I work out. It gives me the chance to improve my mind and body at the same time.

  • @snax_4820
    @snax_4820 2 роки тому +4

    Another brilliant episode!

  • @Christian-sm9he
    @Christian-sm9he 2 роки тому +3

    By the time of the hyperinflation none of the socialist parties were a part of the governing coalition. While Ebert (SPD) was the president and the SPD at times supported the minority governing coalition in parliament, it still seems unfair to give them responsibility for a policy engineered mostly by a centre-right/"bourgois" coalition. The coalition that managed to stabilize the currency on the other hand did include the SPD. In general I think the connection you draw between the topic of the video, which is the attempt of the radical left wing in Germany to create a soviet style dictatorship in Germany in 1919 and the hyperinflation of 1921-1923 seems a bit tenuous to me.

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому

      The SPD set up the conditions that resulted in the hyperinflation in the immediate aftermath of the revolution and the founding of Weimar (1919 and 1920). Then they were in coalition with the Zentrum Party in 1921 and 1922. By this point, they had enacted several policies that practically guaranteed that inflation would continue into hyperinflation.

  • @f__kyoudegenerates
    @f__kyoudegenerates 2 роки тому

    It's rare to see people in media who actually understand economics and what socialism is. Thank you for speaking out and being a real historian.

  • @datboi7893
    @datboi7893 2 роки тому +2

    How to end Rosa Luxembourg's entire "career".
    2022 Colourised

  • @user-iz4nm7oi2t
    @user-iz4nm7oi2t 2 роки тому +3

    Amusing reasoning of capitalists without capital. Those who said that the poor of the capitalist countries see themselves as millionaires without 5 minutes are absolutely right ..

  • @oldfella3919
    @oldfella3919 2 роки тому +4

    Thank you TIK, much appreciated. A very interesting and thought provoking program (as was part 1). Looking forward to part 3

  • @brauchitsch82
    @brauchitsch82 2 роки тому +2

    Hi @TIKhistory i am loving these videos as much as the tank videos if not more. Keep them coming 😊

  • @theseustoo
    @theseustoo 8 місяців тому +1

    I wouldn't argue that they're NOT 'communist central banks'... just that they are ALSO capitalists! (Through their ownership of the 'means of production' via the corporations of which they are the majority owners...) And that the 'community' they seek to serve is NOT the 'wider community', but rather the community of their own, bankster class, while the ordinary people of the 'wider community' are regarded mainly as serfs or even slaves... there solely to be exploited. A kind of 'communism' for them, but capitalist exploitation for us...

  • @pattthepriest
    @pattthepriest 2 роки тому +4

    36:00 Wears glove to protect it and then just drops it lol

  • @antonditt1661
    @antonditt1661 2 роки тому +3

    "Wer hat uns verraten? Die Sozialdemokraten!"
    Who betrayed us? The social-democrats!
    In German it rhymes and it's still known today.

  • @georgewilliams8448
    @georgewilliams8448 2 роки тому +2

    Thank you for another informative and interesting and well presented video!

  • @johnvonachen1672
    @johnvonachen1672 3 місяці тому +1

    Peaceful and protest sounds like an oxymoron. Zinn points out in his book A People’s History of the United States, that protests which were strictly peaceful generally have never accomplished anything. Protests are a threat of violence. I don’t claim to have it all figured out. Just pointing out some things that seem to make sense to me. People called me out to join protests in Denver in 2020. I wasn’t going to even touch that one. One person throws a brick and suddenly your tied up and thrown in a paddy wagon, for what?

  • @yogat.5892
    @yogat.5892 2 роки тому +5

    Peaceful protesters 🤣

    • @TheImperatorKnight
      @TheImperatorKnight  2 роки тому +3

      Yes, where have we heard that one before? 😂

    • @samsonsoturian6013
      @samsonsoturian6013 2 роки тому

      Yeah, you wouldn't believe how many mobs melee assaults and arson attempts I've seen get labeled "peaceful protests" by Arab media. A lot of them openly don't care what their friends did, all they care about is blood revenge for what the other guy did.