Support me on Patreon: www.patreon.com/ComradeHakim Twitter: @YaBoiHakim Hello! Apologies for disappearing for a few weeks, there will be a bit more of that sadly. Work has been pretty heavy these past few weeks. If you've DM'd me and haven't gotten a response, that's why. Please do bare with me
Capitalism always leads to imperialism. Even if your a ''Corprtism, not Capitalism'' idiot. The mercenary army will always work without the government, like the Honduras coup of 1910.
@@gaagarin5976 But that is exactly what sometimes happens ironically enough. If there is profit in it capitalism even markets ideas that seek it's destruction as a product.
The ruling elites love having their brainwashed minions to defend them blindly. Goes to show how important more videos like these are. We need more conversation about this topic daily, and hopefully gets to discussion and action about how to change the system to something sustainable and healthy.
@@willjapheth23789 Ok, so you are anti-ruling class? Well sure, so am I and a lot of other people. But truth of the matter, most people don't want to realize, is that monetary-market economics is unsustainable. Market capitalism has a ruling class and that's unhealthy and environmentally unsustainable. So we can't continue using it as a major economic system or things will just continue to get worse. We don't have to go back to previous systems either like socialism or communism - they still had historically operated with money and some markets (at least globally, to some degree) and are also subject to ruling classes. The issue is ruling classes are "Man's Law" they are influenced by those with the most money and power and don't scientifically ensure all people's basic needs are met in a sustainable way. That's the ultimate issue if we want to have a somewhat healthy future - sustainability and basic needs for all. That can be done by a Natural Law system. Create self-sufficient communities with as much local goods and services. No ruling class needed.
@@coolioso808 I think ruling classes or hierarchies in general are unavoidable for any community larger than we can name individually. So any nation will have rulers and it'll just change hands. I don't hate it, but I'd prefer a pretty flat trapezoid hierarchy. I don't trust socialists to achieve that. A small sustainable tribe does seem like the best way to maintain an equitable society. I don't know if that'll be possible at this time. And some small communities can be very hierarchical and cultish, so it's not a guaranteed solution, but I'm alot more open to that then all these maoists around here. There would also need to be a method to prevent these communities from becoming empires again like 5000 years ago.
@@willjapheth23789 Ruling classes I do not think are unavoidable. I certainly hope to avoid them as they are a very destabilizing part of a society. Hierarchies, of some sorts, are unavoidable. Like, if we have a hospital we will have lower level nurses, head nurse, lower level doctors, higher up surgeons and top doctor and hospital administrators - those kind of managing and monitoring hierarchies are logical, even when they can be trimmed and streamlined. With our technology today, it's not just small communities that are the only ones that could be organized sustainably. Yes, some mega cities are very unsustainable and would need to thin out. But there are a lot of small to medium-sized cities that could be mostly local, self-sustaining if we had a system that was based on scientifically and mathematically meeting needs in a sustainable way. Most stores do it internally like having a detailed inventory of resources, then tracking and monitoring and improving technology to make it the most efficient for producing and distributing those resources. Problem is, for many stores or corporations, they don't factor in true environmental sustainability. That's why we see so much waste and it is incentivized by money and market economics. That's what we should transition away from. We can live a high quality life if we allowed the mechanized potential to come to fruition, but it won't happen if money rules the world.
about part 5. As a Disabled Person I find it important to also look at "who" defines "what" merit is. Historically the capitalist definition of merit has often lead to disenfranchisement and alienation to those who can met these definitions. This has also played into the hands of Fascists which furthered both groups goals and leads to immerse suffering. Even outside of Fascisms it forces millions to experience physical and metal struggles, causes lifelong self-worth issues and empowers groups seeking harm instead of solidarity.
@@lazar14 It can be argued that if the system is designed so that it heavily incentivises doing so (through social pressure, costs of living, etc.) it's not exactly willingly.
@@LyricalDJ Success however is not obligatory. The system forces nobody to succeed - you can opt out of the "rat race" and settle for a mediocre job. You will not be considered a "success", but you will get by.
@@thomash226 Even under the more socialist restrictions on our economy today, the "average" American worker is more prosperous than in any socialist country.
And this isn’t even talking about the moral arguments. As a Christian, I view a system that promotes and rewards greed, lust, and selfishness to be fundamentally evil
Do you prefer a system that rewards altruistic sacrifice for the collective, or for an ideal? And who gets to decide what that ideal is? I prefer selfishness to the instrumentalization of people.
Whereas socialism is based on it. If you want to be assigned a better house, job, or even car by the state under socialism - you better know somebody high up in the party. And of course, you better be pretty high up yourself. Profit-seeking may not be perfect, and it may come with externalities, but surely it is better than a system based purely on rent-seeking.
@@lazar14 In Cuba, the Comunist Party holds no such power or status. Cuba bans political parties from campaigning, and voters consult a canadidates' biography. See the video by AzureScapegoat. Also, political corruption isn't exclusive to socialist countries, as can be observed. Corruption is simply a lack of transparency to the people, isn't it? Regardless, it's hard to measure because it's hard to define what actions it constitutes and obviously the transactions are illicit. Importantly, corruption is most commonly measured through perception surveys. So this makes it very subjective. As an aside, most third world people are hesitant to trust any intenational index, as these are always made by neoliberal institutions, and as such are heavily biased toward countries with greater desire for capital accumulation, and greater imperialist ambitions, and they fail to consider the singularity of a given country's social, political, and economic system, or of the people's material conditions.
“The problems of racial injustice and economic injustice cannot be solved without a radical redistribution of political and economic power.” MLK JR In a letter to his future wife: “I imagine you already know that I am much more socialistic in my economic theory than capitalistic.”
5:47 "They don't do this because they are particularly evil or scheming, but because the nature of the system demands it" This is such a great point that I see so many people miss. Capitalism itself is the problem not the people in power
Unless every single person in power is fair, capitalism still dosen't work. If you're plaiyng fair you'll get crapped on by the competition so capitalism is still flawed.
The system in and of itself has a tendency to invite the success of unscrupulous characters. The "people in power" are usually intelligent narcissists, nihilists, sociopaths, etc. The people willing to play to the evilness of the system tend to lack a conscience.
are you sure that not the people in power are the problem? Capitalism is straight business and it is a competition, that is a fact I admit. But in the first place it is not about harming people since harming people is at the same time bad for capitalism which brings me to the point that people in power within the government might be the cause since mindless taxes, laws, regulations and the attempt to influence economy might lead to the interruptions within capitalism. It is like an alien part getting into a body: It will cause sickness before white blood cells can help in time and bring back order...
Just a normal guy on youtube We are facing extinction but at least we have super expensive iphones that are manufactured to break themselves just in time to buy newer expensive iphones.
Not quite, it has some merits (like allowing for the rapid expansion of production, distribution and organizational systems not seen since the classical days, whether it actually makes full use of them is another matter entirely), but it clearly has outlived its usefulness (cause , you know, at this point it's us as a species or capitalism that has to end).
You could say that the individualism inherent with capitalistic ideology also accidentaly created a number of free spirited and concsious people willing to reject dogma and learn by themselves, I'm compting on that to see some change during our lifetime =)
They always talk about the body count under communism and socialism but they get real quiet when you talk about the body count under capitalism not to mention it's two twin allies western colonialism and imperialism.
They like to blame those deaths on the people themselves. Its never imperialisms, colonialisms or capitalism's fault, but somehow communism killed the dinosaurs.
@@tejasbharadwaj7830 thats a conspiracy theory I haven't heard before. "Stalin killed the aliens" how you may ask? He told their governments to call themselves socialist and all their crops instantly withered because as you know, it is divine law/laws of physics that if the government calls itself socialist the crops will immediately wither.
@Hussein The Barbara Pit Enthusiast democracy and capitalism are both valued by liberalism and so people that grow up in a liberal society tend to conflate them. It's one of those things that seems right until you start questioning it.
@kaustabh no it is not haram in Islam. Hakim, as an example, is a Muslim and a Marxist. There are Muslim communists like there are Christian communists and the list goes on
@kaustabh it’s complicated. Most negative perspectives from Muslims can come from the portrayal of the Uighur population’s oppression in China, which spurs anti-Communist tendencies. It’s the same with the general history of communism being anti-religious that came from the 20th century, and the complicated involvement of the Soviet Union in the Middle East (like in Afghanistan for instance). However, that isn’t to say that Islam and communism is totally antithetical. For instance, in Islamic scriptures, a strong sense of liberation theology can be gauged from it, and which can inspire Muslim communists to seek to implement socialism in their own states. That’s similar to how it was in Latin America with the Jesuits in the 20th century. If you look hard enough, certain interpretations of scripture can justify socialism as a system. It’s all interpretation actually, and Islam is flexible enough to justify pretty much any system of governance, even secularism if you have the right arguments. BTW this is coming from a person of Muslim background.
@@talkingeco3734 As a Muslim, I have to say this is a perfect comment though I would emphasize that the portrayal of the Uighur population is incorrect.
i was always way too lazy to read theory but with your videos i: 1. understand more about marxism 2. i get motivated to read thank you so much comrade hakim! you really help us alot!!!
Let’s be honest here, even if you did the find the motivation to read theory and shit, I think most people (including myself) would get bored to death.
Marxism is generally a flawed idea but I can see the appeal for people who have different experiences in life. I think we could borrow some ideas from socialism but never actually adopt the whole process.
It's like a form of Stockholm Syndrome isn't it? Our society keeps getting abused by the booms, busts and overall unsustainability of market capitalism and we keep coming back to use it as our major economic system worldwide. The reason, of course, is pretty obvious: they have basically tied our survival to capitalism, even as weak as it is for most people, there seems to be little alternatives that people can get behind. Well, I used to feel that way, but then I realized there ARE viable alternatives, clearly there must be because capitalism isn't the only way we've ever organized as species. We actually spent 90% of our human history without money or markets, so we've been very successful in a more egalitarian kind of society. The key is to do that in the modern context. Those who are interested, I suggest checking out a Resource Based Economy, that would make poverty, money, politics and war obsolete. And a way to get there? I'm sure there are a few, but the leading one, right now, IMO, is a movement for a global UBI to ensure everybody's basic needs are met as a human right (even based on UN principles) and a fast-track method to transform our systems to address climate change by freeing people from unnecessary or harmful work and being able to refocus efforts on actually meaningful endeavours.
@@MaxxieJim Good! Any economics teacher worth a damn would always start their lesson with "Capitalism is unsustainable and should be abolished. Now, let's begin learning about how nearly every problem in the world is related to monetary-market economics. Once we've done that, we will talk about alternative systems that are viable and sustainable, like an RBE."
@@Austinj72builderding ding ding, the only person who seems to understand the actual issue at play, the issue is not capitalism because the exact same damn thing happens in communist countries literally just look at china right now and north korea The actual issue is the bankers and the central banks and the federal reserve, if you understand the history of the money changers you realize they cause the booms and busts not capitalism
I, a libertarian high schooler who has never touched a single fucking book about anthropology, possess the secrets of human nature and can assure you that communism would never work because of human greed!!1!
Yeah it is best system, just need good regulation by government. Or you can live in Venezuela, Cuba, even China is capitalist with high regulation by highly corrupted government. America with businessmen in government😑.
Competition between producers means lower prices, but competition between employers means higher wages and better working conditions. What would the incentive of an all-powerful state who is the sole employer of labor be to improve wages/working conditions?
Capitalists: lol vuvuzela no iphone bottom text, that's "not real socialism" right leftie? also capitalists: USA isn't real capitalism, it's corporatism!!!1one1!
Thumbnail taken from the recent Hadas Thier's "A People's Guide to Capitalism, an introduction to marxist economics" published by Haymarket books if anybody is interested.
@@puppet1-170 Trotsky had some mild differences with Lenin, but about 90% of his theory is rooted in Leninism. Honestly, I feel that Trotskyism is really Bolshevism in its most correct form imo.
@@puppet1-170 Trotskyism was called "ultraleftist" by Stalin. Trotsky formed the "Left Opposition". Trotskyism is Marxist-Leninism with an emphasis on internationalism and trade unionism. It bridges the gap between MLs and anarchists for the sole reason of it being more left winged than traditional Marxist-Leninism. There's absolutely nothing centrist or Menschevik about it
Hakim my brother! This is a great video for Socialist-curious people, really well explained! I might send it to a few friends who like the idea of something different from capitalism but think the incorrect things about what socialism is. Keep up the top content. Sending appreciation for your work from the UK.
A very powerfull point you can add for your friends: democracy ends once inside the workplace, authoritarism is the norm and the law; why do we accept this?
@@Dinofaustivoro I agree!! I am trying to start my own independent business atm and one of them said the other day. Aren't you a capitalist now?? I tried to explain no, I have no intention of owning labour and controlling in authoritarian way. I work for myself and if I ever employ I will look to work with someone who I can collectivise with. Labour is exploitation and capitalism economic authoritarianism. Govern the economy like we aspire to govern our countries, using democracy!
The craziest realization about capitalism I had was when we were briefly introduced to Marxist terms in my college history class. My professor explained that capitalism is, by definition, exploitative, because in order for there to be profits a worker must be paid less than the actual work of their labor - so, the “owning class” exploits the “working class” by definition. Being from the grand ol’ USA, probably the country most blind to the problems of capitalism in the world, this was incredibly eye-opening. For once, I can thank the UA-cam algorithm for knowing the inner workings of my life and showing me more perspectives (especially on socialism). I’m eager to learn more, but very skeptical because with the amount of capitalist propaganda, communist propaganda, and counter-propaganda from both parties, I feel like it is very difficult to know where the true merits (and failures) of each system lie. I do have to say though that socialism sounds a hell of a lot better than capitalism atm - especially when I consider that I was unknowingly supporting socialist solutions to problems without knowing they were socialist.
Good story about your realization of the flaws of capitalism at a young age. I had perhaps a similar realization as a school-aged boy, asking my father the question "What is money? Why do we need it?" and I don't recall his answer exactly, but it didn't answer my question really. So I started to look deeper. I found The Zeitgeist Films which were eye-opening. Money and markets are debt-based, they require others to be some form of slaves to others. The reason that society has improved has not been due to money or markets, it was due to the invention of a faster, better means of production - AKA the Industrial Revolution some 200 years ago. That's when we were able to do more and more with less. That's where the problem of capitalism got out of hand. The owners vs the workers. The class war that we are still fighting today. We need a way out of this mess and we do have it. But it needs to remove the toxic nature of money-market relations to our basic survival. A Natural Law Resource Based Economy stands out as a viable system. We have the technology today to ensure basic needs are met for all people - food, water, shelter, clothing, etc. - without money and without labor-for-income - if we allow for it with a collaborative, localized system.
I can’t believe I used to make fun of my grandma and grandpa for being communist like I’m genuinely ashamed and embarrassed. Back in the 70s and 80s they would be in communication with Russia and China communist all the way in Peru. Luckily they are both alive and we have a great relationship because I’m no longer an arrogant, indoctrinated kid. I have a lot to learn but my goodness am I glad I’m no longer the same girl who wanted to join the army to “fight for democracy” 😭. It’s literally so embarrassing I’m having a hard time trying to get over that cringe part of my life. Anyways just wanted to to put this out there so people don’t lose hope the truth will always come out!
Very important topic, Hakim doesn't disappoint! I'll say one thing about regulations. Regulations can sometimes minimize some negative aspects of capitalism and limit profits, this is why capitalists oppose most regulations. However, trying to regulate capitalism is like building a castle on top of sinking quick sand. As long as capitalists are in power money rules society and capitalists can always use their influence to reverse and undo any regulations. If the masses ever let up for a second, or are weak for a second, regulations will be reversed -- sometimes slowly, but always surely. Its an impossible system to regulate, its like trying to jump to escape gravity.
Well, you likely will. Capitalism is unsustainable. Things will only get worse worldwide if capitalism stays at the dominant economic system. We'll see a living dystopian novel if we stay with capitalism. So, at some point, enough people should rise up and demand and end to this madness and a transition towards a more sustainable system, perhaps an RBE and using a global demand for a UBI as a catalyst.
@@Damn-Sandwich -The entire thing. It’s all editorialized, he provides no data on any subject, simply the conclusions he believes, and more importantly, wants everyone to believe.
Idk, even though he's a bit more right wing and a lot more liberal than me it seems fairly unbaised, at least compared to other political UA-cam channels.
@@creature2479 - The UA-camr who you think is unbiased has a picture of Lenin for his profile pic. THAT is how biased he is. Again, he has provided no evidence of any of his claims, he provides the conclusions he wants everyone to believe. He even does his video with a soft music bed, gentle voice and shocking images- they are the same brainwashing techniques that people whom make flat earth videos use (invented by the CIA) including not providing any evidence only the conclusions they want you to come to.
I’m in high school and my economics textbook literally have like 2 advantages to socialism and 7 disadvantages and complained about the Soviet Union and Vuvuzuela. Then it talked about capitalism and give 1 disadvantage of capitalism and 7 advantages. Bias? 🧐
@@YaBoiHakim I greatly value your content, your analysis is so informative not only do I learn from it but I also learn how to better argue/discuss these topics with right wingers and centrists. Thank YOU. Hope you had a good one too!
Don't be too self-critical. Take a moment to breath, and know that everything eventually ends up being just fine. When I was stressed out of my mind when I first got into medschool, I always asked myself, "will this matter in a week? A month? A year?" That helped put things into perspective, and calmed me down. I hope it helps you too. Best of luck with all of it habibi.
Biologists say we've grossly misunderstood the concept of 'fittest,' and it's hurting our lives and livelihoods. “Fitness" is just your ability to reproduce,the rate of output among a class of genetic variants. Darwin criticized the 'survival of the fittest' argument often, presenting instead a hypothesis for human evolution that centered sympathy. While the phrase "survival of the fittest" is often used to mean "natural selection", it is avoided by modern biologists, cause the phrase can be misleading. Another problem is that the word "fit" is frequently confused with a state of physical fitness. Also, "the survival of the fittest" was interpreted by 19th century capitalists (Herbert Spencer especially) as "economic competition" and "social Darwinism" to justify laissez-faire economics, war etc. “It is not the strongest of the species that survives, nor the most intelligent; it is the one most adaptable to change.” - C. Darwin And, it's not needed to study pages to see these all..
I seriously got a commercial for a business guru that will "make me rich in no time with limited effort"... Good try UA-cam, but you need to do much better to get me.
8:49 from here on out I will pronounce Jeff Bezos’s Name exclusively as “Bee-Zos” and any picture I have of him will be edited out to be a Bee Movie esque look alike.
A brilliant video, thank you! I hope that as many people as possible see this; this kind of content is what the Red Wing (I hate the false left-right dichotomy that means nothing at this point) needs in order to prosper online: not just memes or theatrics, but the presentation of facts that cannot be ignored that easily. Expecting your sister video about socialism with bated breath, since I'm curious to hear about the superiority of socialism compared to capitalism - I have little time for economic self-education these days, so your input would be most welcome.
Indeed! Capitalism replaced by some form of a Natural Law resource based economy would be great. How invigorating would it be to live in sustainable self-sufficient communities where automation is our friend, not a looming job loss fear, and food, water, clothing and basic needs are produced and distributed locally? Where you wake up with a sense of joy: what do I get to do today? Instead of what do I have to do today to keep the lights on and feed myself and/or family? We have the answers to our problems, if we just create the system that fosters those solutions to the fast track.
12:52 "giving away sandwiches in a turn for a vote" This is so fucking true for ALL political parties in my third-world country Mexico. Maybe people think things are so screwed up and will never change, so they instead do whatever with their vote, not knowing politicians will do terrible things like benefiting a few rich people in exchange for bribes. I have literally seen politicians openly buying votes or persuading people by giving away groceries and money. 08:01 "state institutions scrambling to build luxury condos for rich tourists" In my country, not only this happens, but there's also some tendency (at least in the big cities in middle and upper-class areas) to give preference to foreigners (mostly white and Asian) over some citizens of my country. It can be noticed by looking at some phenomena like the attitude of some landlords towards brown-colored people and their preference for foreigners, restaurants, and other businesses being racist or classist by denying entrance to poor-looking people or even segregating customers by skin color or social status.
Hakim, I love your work, it is truly informative and easy to digest information. I have one small issue with your videos though, and it may seem silly. The very quiet woman singing in the background is making my paranoid anxiety go crazy, and again I know it's silly, but could I ask you to perhaps use lyricless music? I, and my very anxious brain would endlessly appreciate it.
Sacrificing a little part of myself to the algorithm. Hey you! Yes you, the AI over at youtube. This is an important video. Suggest this video to more people. Thanks.
Greetings from Russia, friend. With your simple and understandable logic and factology, we will be able to promote the ideas of socialism all over the world. Proletarians of all countries, unite!
You always make the most amazing videos. I've saved so many of your videos as reference sources. Marx and Engels perfectly described capitalism in the 1800's yet people today still don't see it. It's just sad that people aren't seeing it and think the solution to environmental problems is ecofascism because they don't want to let go of capitalism.
Is it okay that I do not consider myself as a socialist (precisely because I grew up in the Sowiet Union), not only did the vanguardists and state capitalists destroyed trust in socialism, the american domineering right wing hate of socialism makes a discussion as a socialist basically impossible. Is it okay to call myself as an anti capitalist? At this point I believe the only way to reform this is bottom up worker coopts and workers guaranteed shares in a company.
Late response, but it sounds like you might be a syndicalist, or at least, not a Marxist Leninist. The vanguard party is, I think, a predominantly Marxist-Leninist idea, not a uniquely socialist one. On the other hand (there are a lot of other hands, in fairness, and plenty of people have alternatives to the vanguard party) syndicalism wants to advance workers rights through unions, labor strikes, and the banding together of workers for themselves. Consider checking out syndicalism and anarcho syndicalism, or maybe just anarchist literature in general. You might agree with it.
I agree that the word 'socialist' or 'socialism' is so corrupted today that we can't even have rational conversations because it'll result in all these half-truth historical reactions like "it's never worked!" or "millions dead!" , etc, etc. So, what I have found is that there is an underlying problem that not many people are talking about - probably - because it is somewhat uncomfortable. Money and market economics are unsustainable. That means we can't keep up with a system that has incentive for monetary inequality and expect things to get better. We don't live in the Stone Age anymore, we can do better. We know people have basic needs, we know we have advanced computers that can inventory and calculate equations. We can put those together and create a system that is actually sustainable. A "Natural Law" instead of "Man's Law". It can be done locally and create self-sufficient communities where money, markets, poverty, politics are all obsolete. This isn't science-fiction this is all possible now and will be increasingly possible as technology advances - unless of course we destroy ourselves by continuing to let "the market" decide how to exploit our resources in very unsustainable ways.
Stalin, what's wrong with someone owning their workers? Sure they do the hard labor and create the products but why should that matter? The capitalists own the business and they seem smarter than a worker
@@lysistrata6948 The workers don't need a capitalist to exist. In fact, workers are much smarter than the capitalist, since the worker is directly related to productivity. The worker knows his best interests related to economy much better than the capitalist, that follows their own capitalist interests.
@@lysistrata6948 as we all know, no capitalist has ever been a worker before, they just descend from the heavens. So no worker is smart enough to become an owner and surely not all the workers in the business combined are as smart as the handful of capitalists in charge. workers just want to get told what to do and get paid peanuts and should be grateful for the opportunity. They wouldn’t be able to do anything and society wouldn’t be able to function without capitalists
Dope vid, will watch again. Every time I feel like there's no hope for the installment of a better system, I remember the story of Lenin explaining that he didn't believe the Russian Revolution would happen in his lifetime... only to lead it within the next couple years. Sure the conditions were starkly different, but it gives some perspective on how quickly things can change. Let's hope that the "weeks where decades happen" are on their way soon.
I like retail work, but I can't do it myself bc my PTSD makes me too overwhelmed by the jobs I've had whenever I had bad experiences with an abusive customer. But I genuinely enjoy the idea of helping people in a store if they're not being nasty, sexist, and weird. But my experience is that with capitalism, you're supposed to put up with customers being nasty, sexist, and weird to you all the time without worry, that's an essential function of your job. Which kind of makes it feel like emotional prostitution. Would non-capitalist society have protections for retail workers or something more they could do about the really creepy and disgusting customers? The reason I'm unemployed is not bc I don't like to work but bc capitalist companies cannot and do not do anything to protect their workers from mental and emotional harm. I can't keep driving into that grinder. I like pet sitting and food delivery, but what I'd really like is to feel like I was helping people more, so I think I want to be a psychologist. But even with that you have to deal with how sad it is that so many people who need therapy don't really need therapy but they need better opportunities or better lives which might be possible if we brought down capitalism.
I think with socialism customer service work wouldn’t be so needed to begin with because over consumption wouldn’t be so much of problem so there is less need for customer service. And because money wouldn’t be concern for people they would be more easily banning people from entry if they have bad behavior.
It'd be cool to live in a world where disrespect of workers wasn't tolerated! You're not royalty because you walk into a shoe store. There's people even now who I think resist automation and remote service work because they want to boss someone around in person. How much of it is even selling products and not selling the emotional labor and humiliation of employees?
There must be (or should be) a name for the moment of realization that all the chaos and crises we, as the labour class, endure our entire lives, is actually completely explained and predicted by marxist theory.
I'm a new subscriber and found this video really interesting! I'd love a follow-up, detailing the benefits of socialism over capitalism and how socialism overcomes the problems of capitalism. Thanks for the thought-provoking videos!
I'm 42. I've spent my entire life in the southern states in America. I rejected capitalism from a young age. Needless to say, my adult years in this shithole country has been miserable. I've never been able to afford healthcare in this system. I've never been able to go see a doctor when my body tells me to. I use to hate our corrupt government but not the American people. Well trump has taught me that the people suck just as much as our corrupt system. I feel like a prisoner in my own country. And I have no hope for the future of America. I hate this place, I really do.
The system of monetary-market economics, which includes capitalism, is full of negative incentives for aggression, division, extreme inequality, oppression and corruption. People are forced by the system to compete for their survival even though technically speaking, there is no longer a need for people to compete for basic survival. If we had a system that was designed to meet basic needs in self-sustaining communities - which we can do - then we would see a much higher level of public and natural health. I advocate for transition to a Natural Law Resource Based Economy that makes poverty, politics, war and money obsolete. And a possible means of getting there being a mass movement for a global UBI as a human right.
I would like to elaborate on the falling rate of profit. While price do decrease, there are more commodities. So output is the same. However, less labour is used in making the product, so the cost of maintaining it rises, ergo falling profits. From simple stuff like more expensive machinery and raw materials, to the fact that more factories need to be build to accommodate the same amount of labour (same output, more expense) Also, I've been saying "now it's socialism or extinction" for years! Loved it in the video!
I love your videos, tho I think you should put your sources as a link in the description. Especially those you use to get the graphs and statistics, this in order to provide further reading for those interested like me. Amazing video!
Coach Cinnamon T is right, my sources are always in the pinned comment. The links appear in the order of the claims made. Otherwise, the direct citation is also in the video if a graph/head-line is shown.
Man.. so many video essays I’ve watched over the years about capitalism. But this one may be the most thorough and comprehensive vid on the subject I’ve seen yet. Very thorough and kept relatively short too. Well done, Hakim! I think this may be your best work yet. Now I have a An-Cap video I can refer people to whenever I need to explain the basics of capitalism to them and why it’s slowly killing us. Keep up the good the work, comrade.
Most supporters of capitalism would counter argue with "all of these things are because of the government". The problem is that you literally can't have capitalism without a state, because it's necessary in order to protect private property. Even if we suppose no government in a theoretical anarcho-capitalist society - with every capitalist defending privately their own means of production, they would eventually create one single security company because it would cut costs. Thus, a state is created.
Also, as an American, our country went through capitalism that was not regulated by the state. It was awful. You had millionaires in lavish mansions on the coast and their workers in filthy, overcrowded tenement houses struggling to put food on the table when everyone in their family, _even the children,_ worked. We do not want to go back to that time. Defenders of laissez faire love to say "well material conditions and living conditions improved during that time for everyone!" Of course they did! Didn't lift the workers out of extreme poverty! Material and living conditions improve as technology improves. That's just how it is! They improved for even the peasants under feudalism over time as technology advanced, and I haven't been seeing anyone say "feudalism is the greatest economic system EVER!" Because the peasants were still in extreme poverty while the lords lived in relatively lavish conditions. This happens with any class-based system or system that contains classes. The poorest of the poor break their backs in relative poverty to keep the rich who do nothing but sit on their ass in lavish living conditions.
Thank you for being one of a handful of youtubers not infected with the liberal brainrot. I've found numerous "leftist" channels where I enjoyed their witty takedowns of fascists, only to later find out they don't actually want to dismantle capitalism. It's very frustrating.
Its always crazy to me that things Marx, Engels, lenin, and more to be sure, wrote Still hold up today. Sometimes, more rather then less in fact, sounding like they could have been written yesterday.
True. I suppose it's like how the things Newton, Darwin, Tesla etc said still hold up today. Knowledge of science may adapt, but the science itself stays the same. And that applies to political/economic sciences too.
Hakim id give you my left kidney if you make a video on how you envision socialism to work (in more detail would be nice) who votes, when, how the regions within a country are set up etc. or maybe a book recommendation?
a minor critique, Keynes rhymes with pains. Still majorly impressed with your ability to speak English as a second language with little to no accent, and obviously with your insight and analysis.
![Global Capitalism: A Marxist Critique of Capitalism for 2024 [May 2024]](/img/n.gif)
Support me on Patreon: www.patreon.com/ComradeHakim
Twitter: @YaBoiHakim
Hello! Apologies for disappearing for a few weeks, there will be a bit more of that sadly. Work has been pretty heavy these past few weeks. If you've DM'd me and haven't gotten a response, that's why. Please do bare with me
these books recommended can be found at barnes and noble right?
Capitalism always leads to imperialism. Even if your a ''Corprtism, not Capitalism'' idiot. The mercenary army will always work without the government, like the Honduras coup of 1910.
@@maxs1910 thank you stuff!
@@RWQFSFASXC284 why are you here
@Nicolau Dyakov-Tinoco he’s said before that he’s a devout muslim
"Trickle down economics", also known as "golden shower".
Trickled on economics.
@Hussein The Barbara Pit Enthusiast - Exactly.
I want have golden shower from cute babes on my mouth!!!
Trickle down economics isn’t an actual theory used by economists.
@@kenseitakesi1662 uh based
Please algorithm, understand that this video is important, interesting and should be shown to more people
bwahahahahaha... capitalist algoritm should understad what going to kill it's master? you're a good joker :)
@@gaagarin5976 But that is exactly what sometimes happens ironically enough. If there is profit in it capitalism even markets ideas that seek it's destruction as a product.
Ok commie
That's how I got here
Same for me 😂
Always does my head in when people without capital defend capitalism.
The ruling elites love having their brainwashed minions to defend them blindly.
Goes to show how important more videos like these are. We need more conversation about this topic daily, and hopefully gets to discussion and action about how to change the system to something sustainable and healthy.
It's amazing when people outside the ranks of the communist party defend communism. You just replace one ruling class for another.
@@willjapheth23789 Ok, so you are anti-ruling class? Well sure, so am I and a lot of other people. But truth of the matter, most people don't want to realize, is that monetary-market economics is unsustainable. Market capitalism has a ruling class and that's unhealthy and environmentally unsustainable. So we can't continue using it as a major economic system or things will just continue to get worse. We don't have to go back to previous systems either like socialism or communism - they still had historically operated with money and some markets (at least globally, to some degree) and are also subject to ruling classes.
The issue is ruling classes are "Man's Law" they are influenced by those with the most money and power and don't scientifically ensure all people's basic needs are met in a sustainable way. That's the ultimate issue if we want to have a somewhat healthy future - sustainability and basic needs for all.
That can be done by a Natural Law system. Create self-sufficient communities with as much local goods and services. No ruling class needed.
@@coolioso808 I think ruling classes or hierarchies in general are unavoidable for any community larger than we can name individually. So any nation will have rulers and it'll just change hands. I don't hate it, but I'd prefer a pretty flat trapezoid hierarchy. I don't trust socialists to achieve that.
A small sustainable tribe does seem like the best way to maintain an equitable society. I don't know if that'll be possible at this time. And some small communities can be very hierarchical and cultish, so it's not a guaranteed solution, but I'm alot more open to that then all these maoists around here. There would also need to be a method to prevent these communities from becoming empires again like 5000 years ago.
@@willjapheth23789 Ruling classes I do not think are unavoidable. I certainly hope to avoid them as they are a very destabilizing part of a society. Hierarchies, of some sorts, are unavoidable. Like, if we have a hospital we will have lower level nurses, head nurse, lower level doctors, higher up surgeons and top doctor and hospital administrators - those kind of managing and monitoring hierarchies are logical, even when they can be trimmed and streamlined.
With our technology today, it's not just small communities that are the only ones that could be organized sustainably. Yes, some mega cities are very unsustainable and would need to thin out. But there are a lot of small to medium-sized cities that could be mostly local, self-sustaining if we had a system that was based on scientifically and mathematically meeting needs in a sustainable way. Most stores do it internally like having a detailed inventory of resources, then tracking and monitoring and improving technology to make it the most efficient for producing and distributing those resources. Problem is, for many stores or corporations, they don't factor in true environmental sustainability. That's why we see so much waste and it is incentivized by money and market economics. That's what we should transition away from.
We can live a high quality life if we allowed the mechanized potential to come to fruition, but it won't happen if money rules the world.
about part 5. As a Disabled Person I find it important to also look at "who" defines "what" merit is. Historically the capitalist definition of merit has often lead to disenfranchisement and alienation to those who can met these definitions. This has also played into the hands of Fascists which furthered both groups goals and leads to immerse suffering. Even outside of Fascisms it forces millions to experience physical and metal struggles, causes lifelong self-worth issues and empowers groups seeking harm instead of solidarity.
I wish Hakim would add closed captions
People are willing to destroy their bodies and their minds for a chance at "success"
@@TheButterMinecart1 As long as they do so willingly.
@@lazar14 It can be argued that if the system is designed so that it heavily incentivises doing so (through social pressure, costs of living, etc.) it's not exactly willingly.
@@LyricalDJ Success however is not obligatory. The system forces nobody to succeed - you can opt out of the "rat race" and settle for a mediocre job. You will not be considered a "success", but you will get by.
X: As a capitalist...
Y: Supporter
X: Sorry?
Y: "As a supporter of capitalism"
*bootlicker
“As a supporter of unfettered markets being the end of history”
In Italy we say "liberist" or "neoliberal", not "capitalist"
@@FrancisMetal tbf I still hear capitalist as well, just maybe not as much.
My two chromosomes arguing.
The long, awaited sequel to your "Capitalism Sucks" video. Adding this to my playlist.
Yo we have the same pfp
@@joemed02 Mine is brighter, though. Thank you for replying. I was hoping Hakim would reply since I was early (20 min. after posting).
@410 BT Prosper? If you consider the average working class American to be “prosperous” you must have never imagined any alternatives.
I love ur pfp
@@thomash226
Even under the more socialist restrictions on our economy today, the "average" American worker is more prosperous than in any socialist country.
And this isn’t even talking about the moral arguments. As a Christian, I view a system that promotes and rewards greed, lust, and selfishness to be fundamentally evil
Do you prefer a system that rewards altruistic sacrifice for the collective, or for an ideal? And who gets to decide what that ideal is? I prefer selfishness to the instrumentalization of people.
Laz Ar dont use a strawman argument to advocate for a flawed system that is inherently flawed and bad
@@ocularveins7024 It may be flawed, but its far better than the alternatives.
You don't need to be a christian to share this view.
@@lazar14 its deeply flawed. If it wasnt regulated by law there would still be active child labor. Or 6-7 day workweeks. Stop being a dunce.
“Capitalism rewards corruption”
Only if you're better at producing bribes than your competitors.
@@vylbird8014 lol 😂
@L slavery remastered and disguised 😂
Whereas socialism is based on it. If you want to be assigned a better house, job, or even car by the state under socialism - you better know somebody high up in the party. And of course, you better be pretty high up yourself. Profit-seeking may not be perfect, and it may come with externalities, but surely it is better than a system based purely on rent-seeking.
@@lazar14 In Cuba, the Comunist Party holds no such power or status. Cuba bans political parties from campaigning, and voters consult a canadidates' biography. See the video by AzureScapegoat. Also, political corruption isn't exclusive to socialist countries, as can be observed. Corruption is simply a lack of transparency to the people, isn't it? Regardless, it's hard to measure because it's hard to define what actions it constitutes and obviously the transactions are illicit. Importantly, corruption is most commonly measured through perception surveys. So this makes it very subjective. As an aside, most third world people are hesitant to trust any intenational index, as these are always made by neoliberal institutions, and as such are heavily biased toward countries with greater desire for capital accumulation, and greater imperialist ambitions, and they fail to consider the singularity of a given country's social, political, and economic system, or of the people's material conditions.
“Capitalism has outlived its usefulness” Martin Luther King Jr.
Lest we forget MLK was a comrade
ua-cam.com/video/NS29ppULSZE/v-deo.html
“The problems of racial injustice and economic injustice cannot be solved without a radical redistribution of political and economic power.” MLK JR
In a letter to his future wife: “I imagine you already know that I am much more socialistic in my economic theory than capitalistic.”
Sad to see that his legacy has been whitewashed by neoliberals
😍 😍 😍
5:47 "They don't do this because they are particularly evil or scheming, but because the nature of the system demands it"
This is such a great point that I see so many people miss. Capitalism itself is the problem not the people in power
Yes, I bring it up when someone says 'make your own 'ethical' business' you will be bought out by someone more ruthless
Yup. Capitalism is, by design, a dog eat dog system.
Unless every single person in power is fair, capitalism still dosen't work. If you're plaiyng fair you'll get crapped on by the competition so capitalism is still flawed.
The system in and of itself has a tendency to invite the success of unscrupulous characters. The "people in power" are usually intelligent narcissists, nihilists, sociopaths, etc. The people willing to play to the evilness of the system tend to lack a conscience.
are you sure that not the people in power are the problem? Capitalism is straight business and it is a competition, that is a fact I admit. But in the first place it is not about harming people since harming people is at the same time bad for capitalism which brings me to the point that people in power within the government might be the cause since mindless taxes, laws, regulations and the attempt to influence economy might lead to the interruptions within capitalism. It is like an alien part getting into a body: It will cause sickness before white blood cells can help in time and bring back order...
maybe im exagerating but everything sucks about capitalism
Ur not exaggerating
but... Iphone
Just a normal guy on youtube
We are facing extinction but at least we have super expensive iphones that are manufactured to break themselves just in time to buy newer expensive iphones.
Not quite, it has some merits (like allowing for the rapid expansion of production, distribution and organizational systems not seen since the classical days, whether it actually makes full use of them is another matter entirely), but it clearly has outlived its usefulness (cause , you know, at this point it's us as a species or capitalism that has to end).
You could say that the individualism inherent with capitalistic ideology also accidentaly created a number of free spirited and concsious people willing to reject dogma and learn by themselves, I'm compting on that to see some change during our lifetime =)
They always talk about the body count under communism and socialism but they get real quiet when you talk about the body count under capitalism not to mention it's two twin allies western colonialism and imperialism.
They like to blame those deaths on the people themselves. Its never imperialisms, colonialisms or capitalism's fault, but somehow communism killed the dinosaurs.
Its true tho, didn't you know that stalin kills all human populations twice ?
@@tejasbharadwaj7830 thats a conspiracy theory I haven't heard before. "Stalin killed the aliens" how you may ask? He told their governments to call themselves socialist and all their crops instantly withered because as you know, it is divine law/laws of physics that if the government calls itself socialist the crops will immediately wither.
@@tejasbharadwaj7830 forgetting that Yeltsin the Anticommunist picked him.
There's no pleasing them.
@Hussein The Barbara Pit Enthusiast democracy and capitalism are both valued by liberalism and so people that grow up in a liberal society tend to conflate them. It's one of those things that seems right until you start questioning it.
Mashallah daddy Hakim has uploaded.
Mashallah daddy Naheed has commented.
@@skore9975 mashallah daddy Sam korth has replied.
@kaustabh no it is not haram in Islam. Hakim, as an example, is a Muslim and a Marxist. There are Muslim communists like there are Christian communists and the list goes on
@kaustabh it’s complicated. Most negative perspectives from Muslims can come from the portrayal of the Uighur population’s oppression in China, which spurs anti-Communist tendencies. It’s the same with the general history of communism being anti-religious that came from the 20th century, and the complicated involvement of the Soviet Union in the Middle East (like in Afghanistan for instance). However, that isn’t to say that Islam and communism is totally antithetical. For instance, in Islamic scriptures, a strong sense of liberation theology can be gauged from it, and which can inspire Muslim communists to seek to implement socialism in their own states. That’s similar to how it was in Latin America with the Jesuits in the 20th century. If you look hard enough, certain interpretations of scripture can justify socialism as a system. It’s all interpretation actually, and Islam is flexible enough to justify pretty much any system of governance, even secularism if you have the right arguments. BTW this is coming from a person of Muslim background.
@@talkingeco3734 As a Muslim, I have to say this is a perfect comment though I would emphasize that the portrayal of the Uighur population is incorrect.
i was always way too lazy to read theory but with your videos i:
1. understand more about marxism
2. i get motivated to read
thank you so much comrade hakim! you really help us alot!!!
Let’s be honest here, even if you did the find the motivation to read theory and shit, I think most people (including myself) would get bored to death.
@@will.2155 Yes! But it's cuz I've got ADHD, I have a hard time paying attention and get bored easily lol
Marxism is generally a flawed idea but I can see the appeal for people who have different experiences in life. I think we could borrow some ideas from socialism but never actually adopt the whole process.
@@fupoflapo2386 How tho?
@@randomstranger623 fire the neo conservative and far left cronys trying to start wars, and end individual freedoms
Capitalism has been trying to tell us this whole time just how bankrupt and unsustainable it is.
It's like a form of Stockholm Syndrome isn't it? Our society keeps getting abused by the booms, busts and overall unsustainability of market capitalism and we keep coming back to use it as our major economic system worldwide.
The reason, of course, is pretty obvious: they have basically tied our survival to capitalism, even as weak as it is for most people, there seems to be little alternatives that people can get behind.
Well, I used to feel that way, but then I realized there ARE viable alternatives, clearly there must be because capitalism isn't the only way we've ever organized as species. We actually spent 90% of our human history without money or markets, so we've been very successful in a more egalitarian kind of society.
The key is to do that in the modern context. Those who are interested, I suggest checking out a Resource Based Economy, that would make poverty, money, politics and war obsolete. And a way to get there? I'm sure there are a few, but the leading one, right now, IMO, is a movement for a global UBI to ensure everybody's basic needs are met as a human right (even based on UN principles) and a fast-track method to transform our systems to address climate change by freeing people from unnecessary or harmful work and being able to refocus efforts on actually meaningful endeavours.
I had a macroeconomics teacher that told us the very first day of class: “our global economy is basically a giant bomb being held by duct tape” 🤡
@@MaxxieJim Good! Any economics teacher worth a damn would always start their lesson with "Capitalism is unsustainable and should be abolished. Now, let's begin learning about how nearly every problem in the world is related to monetary-market economics. Once we've done that, we will talk about alternative systems that are viable and sustainable, like an RBE."
we could also easily blame this on central banks.
@@Austinj72builderding ding ding, the only person who seems to understand the actual issue at play,
the issue is not capitalism because the exact same damn thing happens in communist countries literally just look at china right now and north korea
The actual issue is the bankers and the central banks and the federal reserve, if you understand the history of the money changers you realize they cause the booms and busts not capitalism
Capitalists never admit their mistakes.
[Edit: Holy Shit i have started a war.]
based username
@@lgbtqiarights Where’s the H
@@shrektheintelllectual3615 not here, that’s for sure
They admit mistakes a few seconds before pulling the cords on their golden parachutes and gliding comfortably to their next C-Suite position.
@Old Luke Ignorant. You smooth brains keep saying that as if it were ever implemented.
King 👑🚩
(inb4 anti-monarchist gang comes for me)
Stop it with the reactionary terminology bro, Leninists abolish kings.
Paul Morrin is Monbol gang
This post was made by Monbol gang
kings supporting kings 🤩
GANG GANG GANG
@@thechekist2044 Marxist abolished kings
I got a candy crush add halfway through the Rosa Luxembourg quote.
my ytb algorithm always pushes e toro on me >:( on every single commie video
Truly Socialism or Barbarism lol
@@YaBoiHakim * socialism or - buy candy crush now- barbarism
@@YaBoiHakim Socialism or capitalist fascism.
I see Comrade Hakim has uploaded, I click! Simple! 😄😁 Been having this topic on my mind a lot at work lately.....
Yeah, Hakim, I see your point. But have you considered h u m a n n a t u r e?
He doesn't even address Vuvuzuela!
And these commies killed my entire family with me! And commies killed 100000000000 Qwadrylion humans!!!
Oh shit I failed to consider human nature all of my theory is wrong
I, a libertarian high schooler who has never touched a single fucking book about anthropology, possess the secrets of human nature and can assure you that communism would never work because of human greed!!1!
Lmao. But yeah greed and compassion are both deeply ingrained in our DNA.
I think the word "meritocracy" was born of satire. It was never meant to be used literally, to my knowledge. And indeed it can't be.
Hakim is the sun that never sets, the great teacher of Marxism, sharing the wisdom of the ever-flowing rivers of Mesopotamia.
This man alongside azurescapegoat had a bigger impact on my life than any of my highschool teachers
Like a modern day Marx
who seeks for patrons!
@@jhkeum0124 So?
Looks like he doesn't need toilet paper 🤣
Last time I was this early, I still though that capitalism is the best system ever
im glad you recovered from that
Capitalist Propaganda constantly being fed to you while growing up really sucks doesn't it
I think that people are scared of communism and stuff like that because they are associated with terrible to live in countrys
@@eagleofbrittany7231 "elon musk is herdverking bhrata"
Yeah it is best system, just need good regulation by government.
Or you can live in Venezuela, Cuba, even China is capitalist with high regulation by highly corrupted government.
America with businessmen in government😑.
"competition means winners" is such a good, quick explanation. damn
and whenever there are winners there are also losers
it really is tbh
@@ayala0023 and if there is too much competition, there are many losers
Competition between producers means lower prices, but competition between employers means higher wages and better working conditions. What would the incentive of an all-powerful state who is the sole employer of labor be to improve wages/working conditions?
@@lazar14 but prices a lot of times do not reflect quality of the product or service for the consumer
Capitalists: lol vuvuzela no iphone bottom text, that's "not real socialism" right leftie?
also capitalists: USA isn't real capitalism, it's corporatism!!!1one1!
Lol but corporations are way to maximalise profits...
Yep, this video is getting sent round to my mates. Excellently explained and summed up as ever comrade! ✊🏻🚩
@Hussein The Barbara Pit Enthusiast ducks? Down with them!
"Capitalism rewards corruption"
Period
Thumbnail taken from the recent Hadas Thier's "A People's Guide to Capitalism, an introduction to marxist economics" published by Haymarket books if anybody is interested.
is it any good?
Seeing Hakim notifications are a great way to start the morning, keep up the great work Comrade
@@puppet1-170 Not every Hakim viewer is an ML. Seriously, I am not an ML but like SOME of his videos, such as this one.
@@inovakovsky I mean Trotskyism is a branch of Marxist-Leninism.
@@inovakovsky ML is a dumpster fire if youre in the west. anywhere else though..? eh its perfectly valid
@@puppet1-170 Trotsky had some mild differences with Lenin, but about 90% of his theory is rooted in Leninism. Honestly, I feel that Trotskyism is really Bolshevism in its most correct form imo.
@@puppet1-170 Trotskyism was called "ultraleftist" by Stalin. Trotsky formed the "Left Opposition". Trotskyism is Marxist-Leninism with an emphasis on internationalism and trade unionism. It bridges the gap between MLs and anarchists for the sole reason of it being more left winged than traditional Marxist-Leninism. There's absolutely nothing centrist or Menschevik about it
Hakim my brother! This is a great video for Socialist-curious people, really well explained! I might send it to a few friends who like the idea of something different from capitalism but think the incorrect things about what socialism is. Keep up the top content. Sending appreciation for your work from the UK.
A very powerfull point you can add for your friends: democracy ends once inside the workplace, authoritarism is the norm and the law; why do we accept this?
@@Dinofaustivoro I agree!! I am trying to start my own independent business atm and one of them said the other day. Aren't you a capitalist now?? I tried to explain no, I have no intention of owning labour and controlling in authoritarian way. I work for myself and if I ever employ I will look to work with someone who I can collectivise with. Labour is exploitation and capitalism economic authoritarianism. Govern the economy like we aspire to govern our countries, using democracy!
The craziest realization about capitalism I had was when we were briefly introduced to Marxist terms in my college history class. My professor explained that capitalism is, by definition, exploitative, because in order for there to be profits a worker must be paid less than the actual work of their labor - so, the “owning class” exploits the “working class” by definition.
Being from the grand ol’ USA, probably the country most blind to the problems of capitalism in the world, this was incredibly eye-opening. For once, I can thank the UA-cam algorithm for knowing the inner workings of my life and showing me more perspectives (especially on socialism).
I’m eager to learn more, but very skeptical because with the amount of capitalist propaganda, communist propaganda, and counter-propaganda from both parties, I feel like it is very difficult to know where the true merits (and failures) of each system lie. I do have to say though that socialism sounds a hell of a lot better than capitalism atm - especially when I consider that I was unknowingly supporting socialist solutions to problems without knowing they were socialist.
Good story about your realization of the flaws of capitalism at a young age. I had perhaps a similar realization as a school-aged boy, asking my father the question "What is money? Why do we need it?" and I don't recall his answer exactly, but it didn't answer my question really. So I started to look deeper. I found The Zeitgeist Films which were eye-opening. Money and markets are debt-based, they require others to be some form of slaves to others. The reason that society has improved has not been due to money or markets, it was due to the invention of a faster, better means of production - AKA the Industrial Revolution some 200 years ago. That's when we were able to do more and more with less.
That's where the problem of capitalism got out of hand. The owners vs the workers. The class war that we are still fighting today. We need a way out of this mess and we do have it. But it needs to remove the toxic nature of money-market relations to our basic survival.
A Natural Law Resource Based Economy stands out as a viable system. We have the technology today to ensure basic needs are met for all people - food, water, shelter, clothing, etc. - without money and without labor-for-income - if we allow for it with a collaborative, localized system.
That ubi video would be great, it’s all the rage with “progressive” people disenchanted with capitalism to a degree but still dismissive of socialism
What are you saying? You pro-UBI or against it? Are you for any sustainable socio-economic system like a Natural Law resource based economy?
Thank you for the shoutout, friend :) Excellent video as always!
I can’t believe I used to make fun of my grandma and grandpa for being communist like I’m genuinely ashamed and embarrassed. Back in the 70s and 80s they would be in communication with Russia and China communist all the way in Peru. Luckily they are both alive and we have a great relationship because I’m no longer an arrogant, indoctrinated kid. I have a lot to learn but my goodness am I glad I’m no longer the same girl who wanted to join the army to “fight for democracy” 😭. It’s literally so embarrassing I’m having a hard time trying to get over that cringe part of my life. Anyways just wanted to to put this out there so people don’t lose hope the truth will always come out!
I used to be a liberal myself so I know how it is, except I unfortunately have no communist relatives, I'm the only commie in my family.
Very important topic, Hakim doesn't disappoint! I'll say one thing about regulations. Regulations can sometimes minimize some negative aspects of capitalism and limit profits, this is why capitalists oppose most regulations. However, trying to regulate capitalism is like building a castle on top of sinking quick sand. As long as capitalists are in power money rules society and capitalists can always use their influence to reverse and undo any regulations. If the masses ever let up for a second, or are weak for a second, regulations will be reversed -- sometimes slowly, but always surely. Its an impossible system to regulate, its like trying to jump to escape gravity.
yo wassup, you should collab with hakim and make a masterpiece channel or something like that
@410 BT Capitalism was overthrown in many countries. Does that prove capitalism doesn't work?
I wish to see the downfall of the capitalist empire in my lifetime
Well, you likely will. Capitalism is unsustainable. Things will only get worse worldwide if capitalism stays at the dominant economic system. We'll see a living dystopian novel if we stay with capitalism.
So, at some point, enough people should rise up and demand and end to this madness and a transition towards a more sustainable system, perhaps an RBE and using a global demand for a UBI as a catalyst.
This is unbiased enough for even some of my more right-wing acquaintances to take seriously! Fantastic work.
It’s so bias and full of misinformation I spit my coffee out laughing at it.
@@electricchurchmedia1187 like?
@@Damn-Sandwich -The entire thing. It’s all editorialized, he provides no data on any subject, simply the conclusions he believes, and more importantly, wants everyone to believe.
Idk, even though he's a bit more right wing and a lot more liberal than me it seems fairly unbaised, at least compared to other political UA-cam channels.
@@creature2479 - The UA-camr who you think is unbiased has a picture of Lenin for his profile pic.
THAT is how biased he is.
Again, he has provided no evidence of any of his claims, he provides the conclusions he wants everyone to believe. He even does his video with a soft music bed, gentle voice and shocking images- they are the same brainwashing techniques that people whom make flat earth videos use (invented by the CIA) including not providing any evidence only the conclusions they want you to come to.
Please accept this sacrificial comment, weird algorithm deity person.
I’m in high school and my economics textbook literally have like 2 advantages to socialism and 7 disadvantages and complained about the Soviet Union and Vuvuzuela. Then it talked about capitalism and give 1 disadvantage of capitalism and 7 advantages. Bias? 🧐
yes, full of it
Literally woke up 5 minutes ago. You already made my day 🙏😩
Hope you had a good one :)
@@YaBoiHakim I greatly value your content, your analysis is so informative not only do I learn from it but I also learn how to better argue/discuss these topics with right wingers and centrists. Thank YOU. Hope you had a good one too!
Hakim, your videos never fail to enlighten me. Keep up the great work!
Capitalism is so spawnpoint rng based. The devs should change it to socialism.
Hakim upload my day just got way better
I really like how you put this into simple and practical terms.
Im failing classes, I sprained my wrist, and I just pulled an all-nighter to study for finals... but Hakim uploaded so it's a good day.
you'll pull through! you've already done a good job to push this far! good luck with your studies and don't be hard on yourself
@@judithkim4050 thank you. I will do my best.
Don't be too self-critical. Take a moment to breath, and know that everything eventually ends up being just fine.
When I was stressed out of my mind when I first got into medschool, I always asked myself, "will this matter in a week? A month? A year?" That helped put things into perspective, and calmed me down. I hope it helps you too.
Best of luck with all of it habibi.
Biologists say we've grossly misunderstood the concept of 'fittest,' and it's hurting our lives and livelihoods. “Fitness" is just your ability to reproduce,the rate of output among a class of genetic variants. Darwin criticized the 'survival of the fittest' argument often, presenting instead a hypothesis for human evolution that centered sympathy. While the phrase "survival of the fittest" is often used to mean "natural selection", it is avoided by modern biologists, cause the phrase can be misleading. Another problem is that the word "fit" is frequently confused with a state of physical fitness. Also, "the survival of the fittest" was interpreted by 19th century capitalists (Herbert Spencer especially) as "economic competition" and "social Darwinism" to justify laissez-faire economics, war etc.
“It is not the strongest of the species that survives, nor the most intelligent; it is the one most adaptable to change.” - C. Darwin
And, it's not needed to study pages to see these all..
Hi, I'm early and I wish for the downfall of capitalism.
I'm just gonna say this every time I walk into a room full of people idgaf if its a Starbucks or a Parent teacher conference
Ameen
Epic
You're also early to the downfall of capitalism. Unfortunately.
@@matthewmcneany We'll see.
I seriously got a commercial for a business guru that will "make me rich in no time with limited effort"...
Good try UA-cam, but you need to do much better to get me.
*Create a worker's paradise with this one weird trick!*
8:49 from here on out I will pronounce Jeff Bezos’s Name exclusively as “Bee-Zos” and any picture I have of him will be edited out to be a Bee Movie esque look alike.
A brilliant video, thank you! I hope that as many people as possible see this; this kind of content is what the Red Wing (I hate the false left-right dichotomy that means nothing at this point) needs in order to prosper online: not just memes or theatrics, but the presentation of facts that cannot be ignored that easily. Expecting your sister video about socialism with bated breath, since I'm curious to hear about the superiority of socialism compared to capitalism - I have little time for economic self-education these days, so your input would be most welcome.
Hear me out, we infiltrate the GOP by calling this red wing politics
@@firelights3675 eh, why not? Sounds fine; I see the triple-layered irony within this idea, so it fits current times pretty well.
Capitalism must go as soon as possible if we are to save the human race, great video comrade🚩✊🏼.
Indeed! Capitalism replaced by some form of a Natural Law resource based economy would be great. How invigorating would it be to live in sustainable self-sufficient communities where automation is our friend, not a looming job loss fear, and food, water, clothing and basic needs are produced and distributed locally? Where you wake up with a sense of joy: what do I get to do today? Instead of what do I have to do today to keep the lights on and feed myself and/or family? We have the answers to our problems, if we just create the system that fosters those solutions to the fast track.
"By giving away sandwiches" Ahh I see you've been to Argentina.
Or Tunisia or any country in that matter expect for the West .u just can’t expect a functional Democracy in country with poor quality of life
12:52
"giving away sandwiches in a turn for a vote"
This is so fucking true for ALL political parties in my third-world country Mexico. Maybe people think things are so screwed up and will never change, so they instead do whatever with their vote, not knowing politicians will do terrible things like benefiting a few rich people in exchange for bribes. I have literally seen politicians openly buying votes or persuading people by giving away groceries and money.
08:01
"state institutions scrambling to build luxury condos for rich tourists"
In my country, not only this happens, but there's also some tendency (at least in the big cities in middle and upper-class areas) to give preference to foreigners (mostly white and Asian) over some citizens of my country. It can be noticed by looking at some phenomena like the attitude of some landlords towards brown-colored people and their preference for foreigners, restaurants, and other businesses being racist or classist by denying entrance to poor-looking people or even segregating customers by skin color or social status.
How does giving people stuff for votes even work? Are votes public in your country?
@@danielcreatd872 They also bribe the electoral system to make voting more "transparent".
This channel is *SO UNDERRATED*
Absolutely love the video. Just a heads up, the standard English pronunciation, as far as I know, of Keynesian is “Keen-Zee-In” or “Kayn-zee-in”
Hakim, I love your work, it is truly informative and easy to digest information. I have one small issue with your videos though, and it may seem silly. The very quiet woman singing in the background is making my paranoid anxiety go crazy, and again I know it's silly, but could I ask you to perhaps use lyricless music? I, and my very anxious brain would endlessly appreciate it.
Oh? My apologies, I'll definitely try to figure something out with that
@@YaBoiHakim thank you so very much!! I truly appreciate that an awful lot comrade.
Hey! I was just wondering about the channel a few hours ago thinking about when will you release a new video. And then here we are. Thanks, comrade!
Sacrificing a little part of myself to the algorithm.
Hey you! Yes you, the AI over at youtube. This is an important video.
Suggest this video to more people. Thanks.
Nice to see comrade Hakim made another video!
Greetings from Russia, friend. With your simple and understandable logic and factology, we will be able to promote the ideas of socialism all over the world. Proletarians of all countries, unite!
You always make the most amazing videos. I've saved so many of your videos as reference sources. Marx and Engels perfectly described capitalism in the 1800's yet people today still don't see it. It's just sad that people aren't seeing it and think the solution to environmental problems is ecofascism because they don't want to let go of capitalism.
Hello algorithm, please let a liberal see this
Is it okay that I do not consider myself as a socialist (precisely because I grew up in the Sowiet Union), not only did the vanguardists and state capitalists destroyed trust in socialism, the american domineering right wing hate of socialism makes a discussion as a socialist basically impossible. Is it okay to call myself as an anti capitalist?
At this point I believe the only way to reform this is bottom up worker coopts and workers guaranteed shares in a company.
Late response, but it sounds like you might be a syndicalist, or at least, not a Marxist Leninist. The vanguard party is, I think, a predominantly Marxist-Leninist idea, not a uniquely socialist one. On the other hand (there are a lot of other hands, in fairness, and plenty of people have alternatives to the vanguard party) syndicalism wants to advance workers rights through unions, labor strikes, and the banding together of workers for themselves.
Consider checking out syndicalism and anarcho syndicalism, or maybe just anarchist literature in general. You might agree with it.
I agree that the word 'socialist' or 'socialism' is so corrupted today that we can't even have rational conversations because it'll result in all these half-truth historical reactions like "it's never worked!" or "millions dead!" , etc, etc.
So, what I have found is that there is an underlying problem that not many people are talking about - probably - because it is somewhat uncomfortable. Money and market economics are unsustainable. That means we can't keep up with a system that has incentive for monetary inequality and expect things to get better.
We don't live in the Stone Age anymore, we can do better. We know people have basic needs, we know we have advanced computers that can inventory and calculate equations. We can put those together and create a system that is actually sustainable. A "Natural Law" instead of "Man's Law". It can be done locally and create self-sufficient communities where money, markets, poverty, politics are all obsolete.
This isn't science-fiction this is all possible now and will be increasingly possible as technology advances - unless of course we destroy ourselves by continuing to let "the market" decide how to exploit our resources in very unsustainable ways.
Commenting 🍞 to appease the algorithm. Well made video comrade Hakim!
Commenting 🍚 to appease the algorithm.
Always happy to see Hakim uploading a new video!
Amazingly concise and compelling. Few channels could explore something so fundamental in such depth.
commenting for engagement pls youtube recommend this masterpiece.
This is great, thanks for the reading suggestions!
Anytime.
Excellent video, comrade.
You’re joking right?
Under capitalism, people who *own* hard-working people's labor, are wealthy. Meritocracy there.
Stalin, what's wrong with someone owning their workers? Sure they do the hard labor and create the products but why should that matter? The capitalists own the business and they seem smarter than a worker
@@lysistrata6948 The workers don't need a capitalist to exist. In fact, workers are much smarter than the capitalist, since the worker is directly related to productivity. The worker knows his best interests related to economy much better than the capitalist, that follows their own capitalist interests.
@@lysistrata6948 as we all know, no capitalist has ever been a worker before, they just descend from the heavens. So no worker is smart enough to become an owner and surely not all the workers in the business combined are as smart as the handful of capitalists in charge. workers just want to get told what to do and get paid peanuts and should be grateful for the opportunity. They wouldn’t be able to do anything and society wouldn’t be able to function without capitalists
Dope vid, will watch again. Every time I feel like there's no hope for the installment of a better system, I remember the story of Lenin explaining that he didn't believe the Russian Revolution would happen in his lifetime... only to lead it within the next couple years. Sure the conditions were starkly different, but it gives some perspective on how quickly things can change. Let's hope that the "weeks where decades happen" are on their way soon.
Destroying unused product, especially food, should be a crime. And a severe one.
Yeah, let people eat moldy food you goddamn millio-- I mean billio-- I mean trillionares!
@@pittraider1221? 😂
I like retail work, but I can't do it myself bc my PTSD makes me too overwhelmed by the jobs I've had whenever I had bad experiences with an abusive customer. But I genuinely enjoy the idea of helping people in a store if they're not being nasty, sexist, and weird. But my experience is that with capitalism, you're supposed to put up with customers being nasty, sexist, and weird to you all the time without worry, that's an essential function of your job. Which kind of makes it feel like emotional prostitution. Would non-capitalist society have protections for retail workers or something more they could do about the really creepy and disgusting customers? The reason I'm unemployed is not bc I don't like to work but bc capitalist companies cannot and do not do anything to protect their workers from mental and emotional harm. I can't keep driving into that grinder. I like pet sitting and food delivery, but what I'd really like is to feel like I was helping people more, so I think I want to be a psychologist. But even with that you have to deal with how sad it is that so many people who need therapy don't really need therapy but they need better opportunities or better lives which might be possible if we brought down capitalism.
I think with socialism customer service work wouldn’t be so needed to begin with because over consumption wouldn’t be so much of problem so there is less need for customer service. And because money wouldn’t be concern for people they would be more easily banning people from entry if they have bad behavior.
It'd be cool to live in a world where disrespect of workers wasn't tolerated! You're not royalty because you walk into a shoe store. There's people even now who I think resist automation and remote service work because they want to boss someone around in person. How much of it is even selling products and not selling the emotional labor and humiliation of employees?
There must be (or should be) a name for the moment of realization that all the chaos and crises we, as the labour class, endure our entire lives, is actually completely explained and predicted by marxist theory.
class conciousness
@@chrisgaming9567 touché.
Capitalism really sucks. But why?
*Ad Break*
Ah yes that's why
Jk love the vid
LMAO
I'm a new subscriber and found this video really interesting! I'd love a follow-up, detailing the benefits of socialism over capitalism and how socialism overcomes the problems of capitalism. Thanks for the thought-provoking videos!
Hakim has uploaded, pog
I'm 42. I've spent my entire life in the southern states in America. I rejected capitalism from a young age. Needless to say, my adult years in this shithole country has been miserable. I've never been able to afford healthcare in this system. I've never been able to go see a doctor when my body tells me to. I use to hate our corrupt government but not the American people. Well trump has taught me that the people suck just as much as our corrupt system. I feel like a prisoner in my own country. And I have no hope for the future of America. I hate this place, I really do.
As a millennial American, I felt this.
Me too my friend, me too. And I'm 25
The system of monetary-market economics, which includes capitalism, is full of negative incentives for aggression, division, extreme inequality, oppression and corruption. People are forced by the system to compete for their survival even though technically speaking, there is no longer a need for people to compete for basic survival. If we had a system that was designed to meet basic needs in self-sustaining communities - which we can do - then we would see a much higher level of public and natural health.
I advocate for transition to a Natural Law Resource Based Economy that makes poverty, politics, war and money obsolete. And a possible means of getting there being a mass movement for a global UBI as a human right.
Problem is that most people thing of Socialism more Dictatorian and Capitalism as more Democratic thing,which sadly isn't true
Most people thing
This is incredibly important!!!
🖤💜💙💚💙💜🖤
Love your Channel, thank you for making this, it is so necessary
i have never been this early in my life and im hyped.
Last time I was this early I was leading the October Revolution
Please recommend this youtube!!!
timestamsp are awesome. thanks for taking the time.
I would like to elaborate on the falling rate of profit. While price do decrease, there are more commodities. So output is the same. However, less labour is used in making the product, so the cost of maintaining it rises, ergo falling profits. From simple stuff like more expensive machinery and raw materials, to the fact that more factories need to be build to accommodate the same amount of labour (same output, more expense)
Also, I've been saying "now it's socialism or extinction" for years! Loved it in the video!
I love your videos, tho I think you should put your sources as a link in the description. Especially those you use to get the graphs and statistics, this in order to provide further reading for those interested like me. Amazing video!
The books he mentioned in the end are basically from where he gets it
The sources are in the first (pinned) comment. No specifics about which source relates to graphs, images or verbal content, though.
Coach Cinnamon T is right, my sources are always in the pinned comment. The links appear in the order of the claims made. Otherwise, the direct citation is also in the video if a graph/head-line is shown.
Man.. so many video essays I’ve watched over the years about capitalism. But this one may be the most thorough and comprehensive vid on the subject I’ve seen yet. Very thorough and kept relatively short too. Well done, Hakim! I think this may be your best work yet.
Now I have a An-Cap video I can refer people to whenever I need to explain the basics of capitalism to them and why it’s slowly killing us. Keep up the good the work, comrade.
@12:51 "Giving away sandwiches for votes"
*cries in Serbian*
Please educate more people on this. I’m tired of people supporting capitalism
Most supporters of capitalism would counter argue with "all of these things are because of the government". The problem is that you literally can't have capitalism without a state, because it's necessary in order to protect private property.
Even if we suppose no government in a theoretical anarcho-capitalist society - with every capitalist defending privately their own means of production, they would eventually create one single security company because it would cut costs. Thus, a state is created.
Also, as an American, our country went through capitalism that was not regulated by the state.
It was awful.
You had millionaires in lavish mansions on the coast and their workers in filthy, overcrowded tenement houses struggling to put food on the table when everyone in their family, _even the children,_ worked.
We do not want to go back to that time.
Defenders of laissez faire love to say "well material conditions and living conditions improved during that time for everyone!"
Of course they did! Didn't lift the workers out of extreme poverty! Material and living conditions improve as technology improves. That's just how it is! They improved for even the peasants under feudalism over time as technology advanced, and I haven't been seeing anyone say "feudalism is the greatest economic system EVER!" Because the peasants were still in extreme poverty while the lords lived in relatively lavish conditions. This happens with any class-based system or system that contains classes. The poorest of the poor break their backs in relative poverty to keep the rich who do nothing but sit on their ass in lavish living conditions.
Honey! Wake up! Hakim posted a new video
Thank you for being one of a handful of youtubers not infected with the liberal brainrot. I've found numerous "leftist" channels where I enjoyed their witty takedowns of fascists, only to later find out they don't actually want to dismantle capitalism. It's very frustrating.
Its always crazy to me that things Marx, Engels, lenin, and more to be sure, wrote Still hold up today. Sometimes, more rather then less in fact, sounding like they could have been written yesterday.
True. I suppose it's like how the things Newton, Darwin, Tesla etc said still hold up today. Knowledge of science may adapt, but the science itself stays the same. And that applies to political/economic sciences too.
Hakim id give you my left kidney if you make a video on how you envision socialism to work (in more detail would be nice) who votes, when, how the regions within a country are set up etc. or maybe a book recommendation?
Well hakim has a full playlist on book recommendations
Hey Hakim, would you perhaps sometime do a video about the Palestinian struggle? Love your work 😊
Thanks again, Hakim, for making content that is both engaging and informative!!!
I was a staunch capitalist before I saw this and now I think it’s not that perfect. This does need more scrutiny.
Very important video. Great job Hakim, you never miss.
a minor critique, Keynes rhymes with pains.
Still majorly impressed with your ability to speak English as a second language with little to no accent, and obviously with your insight and analysis.
My bad, thank you for the correction!
You sir/ma'm need more views! What are the tags needed for UA-cam algorithm to bump this video up?