what a bullshit explanation pal. in capitalism system you have responsibility for your own business. government should not take responsibility to help people for business, in fact they have to regulate and make some law for them. all your product also made from capitalist, sure they after profit, but remember people will go for your product if you make a good product them self. if you make bad exploit, people will less to buy your product. and market always compete each other. (so be careful when opening a business. people like CEO, Manager always have big responsibility. thats why they have bigger paycheck). you call capitalist a tyrant are short sighted, a lot of great people are capitalist, they create jobs and elevate living condition. and you refuse to say Soviet and China a communist are beyond stupidity. they implement communism them self, and if you think otherwise remember that human are not a machine / ants. communism always take people free will to live, they make them as a robot because they cant compete. innovation blocked (dont take consideration for will power, not every human want to innovate. but when money comes, they will do everything to innovate.) last note : you hate capitalism, then stay away from our product in first place. i hate hypocrite.
Hello from Brasil! Dont be fooled!! Communism is an estelionate: All Marxian theoretical discourse only serves to divert attention from what communism really is: a satanic handbook of lies, deception, betrayal, domination, dehumanization, enslavement, the only way for the disqualified of the worst kind to gain absolute power. . Socialist parties are criminal organizations indoctrinated with collective hysteria, their members having removed from them all scruples, values and moral limits. Socialism exists only because it is a powerful tool of domination and perpetuation in power, requiring only psychopathy as a prerequisite, exactly what all Communist leaders are, absolutely unscrupulous people. Socialism caused the death of over 120 million innocent people between 1917/2004 *, they are founding partners of drug trafficking in Latin America **, just stuffing pockets and briefs, drugging our young people, molesting our children! Socialists are funded by globalists, supported by NGOs, international foundations such as the "Open Society", devilish men like David Rockeffeler, george soros, to fund and implement puppet governments, imposters whose goal is to steal countries from their peoples, as we see today in venezuela, yet another genocide by hunger and encouraged crime. And the worst bourgeois is the communist bourgeois, gets rich without ever producing anything, even worse: taking and leaving the porridge who produced ... the communist is the worst of the bad guys! The communists throw THE PEOPLE into communism, for them the people are cattle, they will NOT live abroad with the mafia that finances them, in luxury, they are the "left caviar", then they will put their children and co-workers at the key points of the power and perpetuate themselves at the expense of the misery and suffering of the people! the communist is the worst of the bad guys, and why are they as they are? They are the sons of Lucifer, the first revolutionary. * BLACK BOOK OF COMMUNISM ** RED COCAINE
Communism is an estelionate: All Marxian theoretical discourse only serves to divert attention from what communism really is: a satanic handbook of lies, deception, betrayal, domination, dehumanization, enslavement, the only way for the disqualified of the worst kind to gain absolute power. . Socialist parties are criminal organizations indoctrinated with collective hysteria, their members having removed from them all scruples, values and moral limits. Socialism exists only because it is a powerful tool of domination and perpetuation in power, requiring only psychopathy as a prerequisite, exactly what all Communist leaders are, absolutely unscrupulous people. Socialism caused the death of over 120 million innocent people between 1917/2004 *, they are founding partners of drug trafficking in Latin America **, just stuffing pockets and briefs, drugging our young people, molesting our children! Socialists are funded by globalists, supported by NGOs, international foundations such as the "Open Society", devilish men like David Rockeffeler, george soros, to fund and implement puppet governments, imposters whose goal is to steal countries from their peoples, as we see today in venezuela, yet another genocide by hunger and encouraged crime. And the worst bourgeois is the communist bourgeois, gets rich without ever producing anything, even worse: taking and leaving the porridge who produced ... the communist is the worst of the bad guys! The communists throw THE PEOPLE into communism, for them the people are cattle, they will NOT live abroad with the mafia that finances them, in luxury, they are the "left caviar", then they will put their children and co-workers at the key points of the power and perpetuate themselves at the expense of the misery and suffering of the people! the communist is the worst of the bad guys, and why are they as they are? They are the sons of Lucifer, the first revolutionary. * BLACK BOOK OF COMMUNISM ** RED COCAINE
In Australia we have one of the largest gas reserves and because of market competition now we are short of gas .. And the word state capitalism is forgotten in this video.. and yes state capitalism is being practices in the soviet union... You see my friend.. competition between nations we never have but competition between wealthy capitalists we do.. And yes in Australia 🇦🇺 we have many gas companies but the world stock market setting the value and yeah that sense of competition is diminished.. The other word is competition between corporations is a myth.
So, which is is better and which should we opt for? Awesome video and explanation by the way, but I left curious with your thoughts on which works better for society and their counterproductive results. Thanks.
+Blahidontcare11 communism will work really well later on. once we all have 3d printers and we start living in space. in face communism is inevitable. we going need a state anymore :)
+thekcty my android misspelled a lot of words there. we don't need a state anymore, and we don't need corporations. we can all become producers for ourselves
Communism is impossible, it only work well when people are not greedy. Cause when the government take the right to distribute profit to everyone equally, they should be fair, no greedy, no selfish. But you know, communists don't believe in God or religion so they are always greedy, lie, selfish....If communism work well, the society shouldn't have gap between rich and poor. Actually, in realiaty, see what happended in The North of Korea, Vietnam, Cuba.... ???? When the government have power, they take all money, they corrupt and turn out... the communism countries cannot develop, people are poor, only Government takes benefit .... => Communism is shit, even you dont have any free to speak, to say what you think abt Government. ... Should think about the NOrth of Korea, VietNAm, China, Cuba to take example abt communism. I think dont have to explain more, you'd better decide which one is good by yourself
Huong Trinh Communism is based on the concept of equality and people being equal. Any system that installs an authoritarian elite fails to be communism, that is fascism. We've never had a true communist country, just a lot of countries that have been exploited when they are vulnerable.
I really enjoyed this video, it was one of the easier ones on these topics to understand. I only wish you could make a follow up video or something of an extension to discuss the problems with both. Thank you!
How? In capitalism the means of production are owned by the rich capitalist class and in communism the means of production are owned by the workers. Thats the first big difference you need to understand
Best way to think about it is this: Capitalism allows anyone to individually (or with help from others) open up a business (given they are successful) EARN wealth and become rich. Via physical products (selling cars) or services (fixing cars). This is done on the ‘individual’ basis. A tested byproduct of this is UNEQUAL amounts of monies to people. Also monopolies form! If not regulated. Socialism is this: The public (aka government) ‘owns’ means of production therefore government makes and sells the cars to the public. The problem with this is that Governments are inefficient and ineffective and they struggle to meet the demands of the people. Small-Medium sized businesses do this beautifully. Furthermore, in THEORY! Socialism perfectly meets the needs of the people and perfectly redistributes wealth. In PRACTICE! Socialism/communism has contributed to the deaths of millions of people via Famine and the politically powerful imposing their will on the ‘Equal Class’. In US society! Capitalism is like a Starbucks, Summit Racing, Tesla creating a product for the public (if they successful) and making monies and competing with other companies to make better products. A few government/socialist... industry are like Social Security, FHA Loans, Utilities like Water and Electricity. Mandatory Medical/health insurance is another Socialist Industry. The US has multiple socialist industries that have slowly grown over time, however, as we all know whom have participated in these socialist programs. They are a pain, long, inefficient, ineffective, create unnecessary debt, and sometimes don’t even deliver. Also they cost lots of money. Capitalism has also been around for ages. The Silk Road or the Indian Ocean Trade are good examples of purely Capitalistic/Free Trade Networks that gave birth to vast amounts of innovations and ingenuity. Example, the Indians, like before Issac Newton, came up with RUDIMENTARY Laws of Gravity and ‘clunky’ Calculus. Issac Newton literally just refined these discoveries. Examples of Socialist/Communism are the Soviet Union, Cuba, Today’s Venezuela, North Korea, Singapore ( but their complicated), and I believe Mao Zedongs Communist China. Lots of info friend, hope it helps! Thanks
difference between capitalism and communism is that one works and the other doesn't. Communism is idealistic utopia that can't exist, there have been multiple countries that tried this experiment but they all failed miserably and ended up with much worse living standard and total collapse of economy. Russia still haven't fully recovered from their communism even though it's been 30 years
"Education must be free for everybody." Doesn't mean that education is equal. The problem with communism is that talent has to be noticed by the central planning committee, whereas in capitalism, the most talented are naturally sorted out. Of course, not all talent in capitalism will have opportunity, however, survival of the fittest is much more efficient than the guesswork of a central planning committee.
Yeah, that was probably one of the few un-communistic things in the Soviet Union along with Soviet soldiers exchanging post-shaving lotion for socks. The Sputnik project required CONCENTRATING enough wealth and resources in the hands of some scientists and engineers in order to develop the first artificial satellite. They were COMPETING against the U.S. which later beat the Soviets by being the first country to land in the moon with the Apollo 11 project. Hmm...initiation of free enterprise, wealth concentration and competition, that sounds very capitalistic to me. The Soviet Union might have won the first part of the space race but it was not because of communism but despite it, and they managed to cause the death of at least 20 millions of its own people through man-made famines and military strikes against civilians and other military bodies. Communist policies detroyed people´s abilities to acquire enough wealth to be able to help others and made everyone EQUALLY empoverished and starving to death, except for government officials and the state, what a surprise. ´´Imagine all the brilliant minds that got wasted because they were born in empovered environments and had no way to florish.´´ -You
José María Gil Flores Communism is equal outcome, not equal opportunity. I agree that education should be free, but welfare capitalism can also provide that. Capitalism with free education will provide the biggest opportunity for the great minds to shine, because under communism, everything has to be decided under a central committee, but under capitalism they can decide for themselves. Autonomy foster creativity. Also, even though Russia was the first country to enter space, it wasn't the first country to land on the moon.
José María Gil Flores I agree that there should be free healthcare and education provided by the state, but having some privatisation of it wouldn't hurt, as long as the public education and healthcare is adequate enough. Denmark is a good example of this. Over here, the government provides adequate education and healthcare to it's citizens for free, but some of the schools and hospitals are private and has to be paid for. Some people over here prefer to use the private hospitals and education instead. You also seem to mistake capitalism for corporatism. Corporatism is were the bigger corporations and the government work hand in hand to stifle competition. Under free market capitalism, you will still get a chance if you start your own business.
There's also a third economic system, and it's the one we have in the United States and Europe, Corporatism. Corporatism or corporate Cronyism is an economic system in which the state essentially picks winners and losers through endless regulations, licensing laws, etc, usually lobbied for by big box businesses, and in which the free market is severely limited.
And the state benefits from capitalists, for they can be financed by capitalists, which is why both capitalists and the state can go hand in hand. Minimising the state is fine by me, but without minimising capitalism, it just gives monopolies more and more power to do what they want, typically at the detriment of most people. You only have to see the third world for this
Free market don't exist nor it ever existed,because in order to be able to have a funcioning market,money,industry and private property rights in the first place,you need to have a state which will invest in infrastructure and set up a rules for the game and laws that all people can follow..you cant separate politics from economics,that is just reality,that is why any extreme ideology whether it is laissez faire capitalism or anarcho capitalism or anarcho communism never worked,because it delusion to begin with..
Theres no such thing as corporatism big business will always work with the government to secure market dominance theres no such thing as genuine competition when capital reinforces itself
Here's my question about communism; Everybody gets the same amount of wealth, right? Wouldn't rocket scientists be a little annoyed that they don't get any more in return for their work than daycare teachers? Am I missing something?
Yes you are. A rocket scientist will become one for their passion of learning rocket science not for money. In a Communist society money is not the driving factor
"In communism, you work and contribute as much as you can and you take whatever you need or want" This is the problem. Everyone starts to contribute less, while their needs increase. Also not all people contribute the same so those who contribute more are basicly exploited by the -lazy- less productive ones. There is no incentive to contribute more then the bare minimum. That is why communism needs a tyrannical state, so commissars can force people to work at gunpoint.
"Also, if you want to talk about forcing people to work at gunpoint; that is a capitalism in a nutshell.." What world are you fucking living in? No one is forcing you at gunpoint to get a job, unlike in socialism where jobless people were considered "dangerous freeloaders" and the police came for them... If communism is anarchic then the term communism is redundant, just call it anarchy, because there is only one type of it (yes, ancaps and ancoms are stupid for arguing over the brand of anarcy when there is only one). Nothing works in anarchy, it's not a stable state of affairs, it always leads to the formation of a hyerarchy. The problem of communism and equality is that people are not equal by default and over time inequality grows. Only way communism could work if humans were physically and mentaly the same.
@Peter Rakowski Every "wage laborer" enters into a consensual business relationship with the capitalist. Some capitalists have only five employees. They have the talent to run a business. Not everyone does. Not everyone wants to take the risk of running a business. That risk is rewarded by making more money. Innovation happens in Capitalism, not in Socialism or Communism because there must be an incentive. Finally, individuals follow their natural instincts to take care of themselves first, and must do so by providing products and services to others to exchange for other products and services. That's the genius of capitalism and why its done more raise people out of poverty than any other economic tool. Socialism and Communism have produced death and poverty.
Karl Marx did not say that "society should be organized differently"... Karl Marx explains that the Capitalist system produces an abundance of goods and technological progress to the point where production becomes so cheap, that the market crashes. Because technology advances, the proletarians will have the means to wage class warfare against their exploiters. Eventually, the proletarians will bring down the bourgeois, just like the burghers of the feudal society brought down the nobility. Karl Marx explains that Capitalism is a revolutionary force, which transforms society and economy, and its consequence is Communism. Society and economy are already transitioning to a Communist system. Here's a couple examples or communist businesses that are transforming the capitalist economy into a communist economy: 1. UA-cam - you are watching youtube videos for free. Because technology makes stuff so cheap, you can set up your own Tv Channel on UA-cam for very little money. 10 or 20 or 50 years ago, you would've had to pay good money to get access to news and entertainment on television, now you get it for free. 2. Skype, chat, email and data storage - you are communicating on Whatsapp through email, chat, voice and video for free. Gone are the days when you had to pay big bucks so you can call your partners on the other side of the country to send you more supplies, or just say happy birthday to your grandma. 3. Wikipedia, and education in general - you are using Google Search to learn a lot about a lot of stuff, for free. Gone are the days when you had to get a pirated copy of Microsoft Encarta, or spend big buck on a Britannica Encyclopedia, or travel the city for hours to get to a library and read about Communism and Karl Marx, cuz you don't have money to pay for books. Today you just go on google, and educate yourself for free. The future is in Communism, whether you like it or not. A business won't be able to make a profit without having a Community around its product. Nike, Apple, Star Wars, taught us that lesson. You need a Community who is loyal to your product, or your business dies.
+Sprin Draconis look no further than UA-cam. You get entertainment for free. The corporations have to pay UA-cam for advertising their products. But you - the worker, do not have to pay for UA-cam. On Steam, games like Dota 2 are free2play. They offer the basic game free of charge, in hopes that some dudes will buy advanced services. Observe how Skype, Whatsapp, e-mail, Google Drive, Google Search Engine, Linux, Blender, Wikipedia, Games, Books, and so many computer services and apps, are free of charge. That's because the computer technology forces the market to evolve faster in the way Marx explained in his theory of the capital. Goods like food and clothes, are under a tight monopoly of the corporations, so they can regulate the market, and prevent the consequences of Capitalist development, described by Marx. Unfortunately, once you control the market, you are no longer in Capitalism.
criztu i bought youtube red, reason the majority of vids are free is because they are paid through advertising. Dota keeps its main game free selling astetics Skype has some extra dodads. Wikipedia relys on willing donations. This is capitalism, there aint nothin in this world for free. Everything requires work, and that work is compensated one way or another. Niether UA-cam Dota skype or wikipedia were made for lols, they were made for profit. Marx was wrong, communism is not natrul.
+Sprin Draconis The point is that the Proletarian doesn't have to pay to have access to UA-cam. It is the Bourgeois who has to pay, to have access to the Proletarian, through UA-cam. This is a completely different mode of production than the system in which the Proletarian had to pay to use mail, had to pay to listen to music, watch movies or documentaries, had to pay to play a game, had to pay to use a phone. Today you can use Skype to talk for free, use e-mail to send letters to your grandma, for free, you can listen to music, watch movies and documentaries for free, play games for free, use all kinds of applications - like Blender, for free. But it's fine if you don't want to see reality. It's not like reality will be any different, if you refuse to see it as it is.
criztu I feel your not seeing reality, food clothing medicine doesn't operate on the same prossess as digital distribution of entertainment and comunication. The reason advertisements work on youtube is cause we're pretty much ment to buy lets say a five hour energy, if five hour energy comercials on youtube then they wouldn't make the add and youtube would need another form of revenu. No comunism.
I would choose the one motivated by medicine, because I know for a fact that he studied medicine to heal people's lives, instead of making a quick profit. I can trust him, in fact, communism is built on trust, the people whom work for you and provide you services are doing it because they have the choice of doing that, and they chose it for the betterment of society. In capitalism, you can't have that trust, because for all you know, they could be doing everything slightly above the legal line in order to make an easy profit
Stealth Gamer Vn they’re greedy when they realize they can scam people off. Communism seeks to remove shortcuts that create unfair and unjust loopholes in the economy. If there’s no extra money to look forward to, there’s nothing to win by cheating. In communism, the state of the economy is partially determined by health, so if a doctor wants to get any more comfortable than he is, he has to make sure everyone is in shape. Or you could take the alternative route and make all medicine automated
Listen, the reason Communism can not and will not work is because humans are not robots. Humans are diverse creatures: We are angry, we are sad, we are strong, we are weak, proactive, lazy, assertive, passive.... those differences are also the root of our success or failure. Those differences are what cause particular provoked emotions that, again, are different with each person and that will cause them to be either more or less productive and that will effect their quality of life. If we were all robots, or at least robot like, communism would be great... but we're not. We're animals of greed that aspire for the stars. We want more and more... communism does not provide that option We are not creatures that can function on communism. Communism should never be an option if you treasure your freedom.
basically. the human race doesnt care about millions of deaths as long as they can get more and more and more. we are basically living in a system were we let poverty exist because we only ourselves to have a good life. so were all just a bunch of bastards
Capitalism: Owners make most of the money, Private individuals own the companies or partners, Higher competition which results in better products and more variety of products. Communism: Society as a whole make equal amount of money. Government own the businesses, no competition which results in poor or same quality of products.
RethinkingLife Not a single country in this world is using these economic systems in their original form there's no Communist/Capitalist Country government intervene in capitalism same for communism private business do take part so all of these systems are for books only the world(mostly) is running under mixed economy.
You are a moron. Capitalism doesn't drive scientific and technological innovations. Capitalism or no capitalism, scientific breakthroughs will take place.
EXACTLY. Humans naturally want to discover, to get better, do advance, to do things more efficiently for the better of all people, to travel to the stars. Humans don't need Capitalism/money/power as motivation to do that. Scientists get paid crap yet go to school the most, they do it because of their love and passion. Most scientists never gave a crap about money, the best example ever being Nikola Tesla.
I see communism as a fucked up system. People like china badly wants CAPITALISM because they know that CAPITALISM is the way to do things and they agree. China is slowly and gradually turning towards CAPITALISM.
Communism will fuck you after you will know how they can brainwash you in to believing that you will have a happy life. when in fact everything this guy is telling you is only 5% of what is good about communism. The only happy life that happened in communism is the fall of communism in 1989.
Megalodon64 Communism is the perfect system, yet it can very quickly lead to authoritarianism, as history has shown. Only if that tendency towards authoritarianism can be eradicated, by further theorising of marxist thought, communism will work, and it will be great.
What's not fair about capitalism? Unequal distribution to its workers? The CEOs/Entrepreneurs who started the company worked very hard, spent lots of money to even open a company in the first place and probably started in a low-wage job, while a janitor who just sweeps the floor at a company earns a wage according to his/her labor. Sweeping floors isn't as tough as starting companies and If he or she doesn't like the pay, then he or she has the right to look for a new job ... keeping in mind that that janitor also has the opportunity to start his or her company and becoming the next CEO/Entrepreneur.
Attack Helicopter So do you believe the CEOs of say McDonald's should be getting paid as much as they do now, while their workers get paid below the poverty line?
there will always be faults and corruption in both my question is how is communism the big enemy I used to hear that it was when I was a little kid man they hated them more then murderers and drug dealers combined and treated them like terroist in the 80s some people still do who cares if they belive communism works
I like to see a hardworking employee of Walmart with $7.50/hr save up enough money to open up a store to complete with Walmart. No it doesn't work that way. If you are a minimum waged employee, you are most like to be poor for forever.
Exactly I support socialism because it provides a fair and safe economic system while the capitalists keep the dictatorial oligarchy far wealthier than the people who live in poverty.
Marcelo Palacios unlimited opportunities for 0.01 percent of public. Other 99.99 percent suffers. Capitalism is good system to waste natural resources and great way to generate unsocial modern slaves. No, having more junk that you don't need won't improve your life. It is like a race of junk ownership.
The main problem is that most societies will use both communism and capitalism to better themselves and try to limit the power of the people. For example:Lets say you worked hard and did open a really successful business. Now what? You have to pay high taxes and while your paying those tax you'll have to pay people to do your taxes because your tax is so time wasting and complicated. Then you would have the government all over your business because your so successful and now you can't get a break because everything is being put to leech off of you.
You don't need either book to explain this. Capitalism let's people (theoretically) succeed or fail on their own. Some people will do well and be happy and others will fail and be sad. Communism will hold a gun to your head and force you to accept a way of life whether you like it or not and accept what they give you. (for free) Again, some people will be happy and others will be sad, but nobody will really succeed or fail. In the end, both will have happy and sad people. One will have some successful people, the other will not have successful people and everybody will be equally poor. This one also requires force to get to the same result. I like that one. It's cool.
That's the fucking problem with capitalism, it works so well that the capital is gathered in the hands of a handful rich people in a matter of years. Also, communism works good on paper but in practice it is destroyed by a CIA financed coup d'etat. There are countries that had communism, but they were crushed by imperialist or fascist forces(Chile, Catalunya etc).
Dmitriy Mikhailovich Yeah, of course! IMO there are two ways, how a communist country can exist: 1.Fall back into the stone age and live in many tiny little groups, which are relatively close to you so you can emphasize with them. +we reached true communism! Woohoo! -progress cannot take place, because knowledge and Innovations would destroy those little groups and lead to a break down of communism, so we would literally be forced to live like cavemen (and women). 2.we have Robots and other machines that do all the work, therefore nobody wants to be poorer than others for no reason and at the end everyone is equal. +We reached communism! Hooray! -Damn! Who Controls these robots? Who knows, how they are built? What do we do, when their Systems crash? Whats the point in Life when you dont have to do anything anymore?
@Marco Well I mean if you flip burgers every day, you should expect to get paid shit wages. In comparison, a doctor whose dedicated an extra 10 years of schooling and years of debt, its only natural to be paid more handsomely.
+Josh Latham Central planning is done by people without the secret sauce for the success of business. Capitalism harnesses the evolutionary principles where the strong and strategic survive. What's happening now though is that the most powerful and large corporations are buying influence in government to crush capitalism and move it into a more oligarchical system to week out competition. See examples of how the biggest telcom companies are trying to squash municipalities from developing their own highspeed internet or legally barring Google into their Market to maintain monopolies. Government is suppose to breakup monopolies to protect capitalism.
Everybody in a communistic society makes the same amount of money no matter what you do. Would you rather go to school for 8 years and be a doctor or work as a janitor and make the same amount of money. There's a third option, you can be an unregistered cab driver and make stupid amounts of money because you're not paying taxes to the government. Also in a communist society, you gotta have a state which enforces all of communisms rules. Meaning that in a world where everyone is equal, you end up with a group of people that are "more equal than others. While everyone else is making 4$ a day (not an exact number just an example) you have a group of people living in giant homes because they are making sure that everyone else is equal. BOOM! you're back where you started.
I believe competition is always a good thing , no matter how brutal it sound , if there would be unlimited seat for a good university and whatever marks you get will ensure admission , no on will try hard and become better than others
I like that the people all own the businesses and get to keep all the money. What are some examples of great wealth generating companies that have been started by the government? I wanna move there.
Could you do a similar video including Fascism or National Socialism? or just a video of those ideologies alone. a lot of people don't understand them at all.
What would you call an economic system where all the principles of capitalism, like free market, competition, citizens running businesses, etc. was mixed with the communist idea that wealth earned by the company must be shared with the workers. Does such a system exist/ have a name?
+Stephanie Wells well... you should have thrown "private property" in there with the capitalism stuff... capitalism revolves around private property because its just people freely exchanging their property. Apples for oranges, labor for money, apples for money, whatever. So a system where the wealth earned by individuals or corps (corps are just individuals pooling their assets for purposes of production) is "shared" (forcefully I presume since people are obv able to freely donate to charity) would be antithetical to the idea of private property. To get the benefits of capitalism you need private property, so confiscating and re-distributing wealth messes up the incentive process. I believe the system that combines the two can be accurately called "interventionism" and it is inherently unstable. It either leads further down the road to socialism or you can forget the whole thing and return to free markets.
it sounds like with communism there is no diversity in technology or goods. is that how it worked? do brands exist within communism. Im still confused on the subject I guess
Wealth inequality isn't the only contra point to capitalism. Other points include that innovation gets halted by trade secrecy, decision power is heald by few instead of by many (which goes against American principles of freedom and democracy), anything monetarily viable gets encouraged, which often hurts workers and even customers, think microtransactions or the digital advertisement industry and several more.
very helpful.
You are the man, Sarmad!
what a bullshit explanation pal.
in capitalism system you have responsibility for your own business. government should not take responsibility to help people for business, in fact they have to regulate and make some law for them.
all your product also made from capitalist, sure they after profit, but remember people will go for your product if you make a good product them self. if you make bad exploit, people will less to buy your product. and market always compete each other. (so be careful when opening a business. people like CEO, Manager always have big responsibility. thats why they have bigger paycheck).
you call capitalist a tyrant are short sighted, a lot of great people are capitalist, they create jobs and elevate living condition. and you refuse to say Soviet and China a communist are beyond stupidity. they implement communism them self, and if you think otherwise remember that human are not a machine / ants.
communism always take people free will to live, they make them as a robot because they cant compete. innovation blocked (dont take consideration for will power, not every human want to innovate. but when money comes, they will do everything to innovate.)
last note : you hate capitalism, then stay away from our product in first place. i hate hypocrite.
hellatze you’re fat lol
Yep
@@hellatze loser 😂😂😂
Thank you for the explanation. I have been hearing these words for so many years, today I understood them, thanks to you.
Hello from Brasil! Dont be fooled!! Communism is an estelionate: All Marxian theoretical discourse only serves to divert attention from what communism really is: a satanic handbook of lies, deception, betrayal, domination, dehumanization, enslavement, the only way for the disqualified of the worst kind to gain absolute power. .
Socialist parties are criminal organizations indoctrinated with collective hysteria, their members having removed from them all scruples, values and moral limits.
Socialism exists only because it is a powerful tool of domination and perpetuation in power, requiring only psychopathy as a prerequisite, exactly what all Communist leaders are, absolutely unscrupulous people.
Socialism caused the death of over 120 million innocent people between 1917/2004 *, they are founding partners of drug trafficking in Latin America **, just stuffing pockets and briefs, drugging our young people, molesting our children!
Socialists are funded by globalists, supported by NGOs, international foundations such as the "Open Society", devilish men like David Rockeffeler, george soros, to fund and implement puppet governments, imposters whose goal is to steal countries from their peoples, as we see today in venezuela, yet another genocide by hunger and encouraged crime.
And the worst bourgeois is the communist bourgeois, gets rich without ever producing anything, even worse: taking and leaving the porridge who produced ... the communist is the worst of the bad guys!
The communists throw THE PEOPLE into communism, for them the people are cattle, they will NOT live abroad with the mafia that finances them, in luxury, they are the "left caviar", then they will put their children and co-workers at the key points of the power and perpetuate themselves at the expense of the misery and suffering of the people! the communist is the worst of the bad guys, and why are they as they are? They are the sons of Lucifer, the first revolutionary. * BLACK BOOK OF COMMUNISM ** RED COCAINE
Communism is an estelionate: All Marxian theoretical discourse only serves to divert attention from what communism really is: a satanic handbook of lies, deception, betrayal, domination, dehumanization, enslavement, the only way for the disqualified of the worst kind to gain absolute power. .
Socialist parties are criminal organizations indoctrinated with collective hysteria, their members having removed from them all scruples, values and moral limits.
Socialism exists only because it is a powerful tool of domination and perpetuation in power, requiring only psychopathy as a prerequisite, exactly what all Communist leaders are, absolutely unscrupulous people.
Socialism caused the death of over 120 million innocent people between 1917/2004 *, they are founding partners of drug trafficking in Latin America **, just stuffing pockets and briefs, drugging our young people, molesting our children!
Socialists are funded by globalists, supported by NGOs, international foundations such as the "Open Society", devilish men like David Rockeffeler, george soros, to fund and implement puppet governments, imposters whose goal is to steal countries from their peoples, as we see today in venezuela, yet another genocide by hunger and encouraged crime.
And the worst bourgeois is the communist bourgeois, gets rich without ever producing anything, even worse: taking and leaving the porridge who produced ... the communist is the worst of the bad guys!
The communists throw THE PEOPLE into communism, for them the people are cattle, they will NOT live abroad with the mafia that finances them, in luxury, they are the "left caviar", then they will put their children and co-workers at the key points of the power and perpetuate themselves at the expense of the misery and suffering of the people! the communist is the worst of the bad guys, and why are they as they are? They are the sons of Lucifer, the first revolutionary. * BLACK BOOK OF COMMUNISM ** RED COCAINE
In Australia we have one of the largest gas reserves and because of market competition now we are short of gas ..
And the word state capitalism is forgotten in this video.. and yes state capitalism is being practices in the soviet union...
You see my friend.. competition between nations we never have but competition between wealthy capitalists we do..
And yes in Australia 🇦🇺 we have many gas companies but the world stock market setting the value and yeah that sense of competition is diminished..
The other word is competition between corporations is a myth.
, Lots of help in understanding the contrast ! Thanks ill do great on my test about it tomorrow
So, which is is better and which should we opt for? Awesome video and explanation by the way, but I left curious with your thoughts on which works better for society and their counterproductive results. Thanks.
+FernandoP1 - Art Zone Productions Rather than using one or the other we should just use systems adjusted to produce the best outcome from both.
+Blahidontcare11 communism will work really well later on. once we all have 3d printers and we start living in space. in face communism is inevitable. we going need a state anymore :)
+thekcty my android misspelled a lot of words there. we don't need a state anymore, and we don't need corporations. we can all become producers for ourselves
Communism is impossible, it only work well when people are not greedy. Cause when the government take the right to distribute profit to everyone equally, they should be fair, no greedy, no selfish. But you know, communists don't believe in God or religion so they are always greedy, lie, selfish....If communism work well, the society shouldn't have gap between rich and poor. Actually, in realiaty, see what happended in The North of Korea, Vietnam, Cuba.... ???? When the government have power, they take all money, they corrupt and turn out... the communism countries cannot develop, people are poor, only Government takes benefit .... => Communism is shit, even you dont have any free to speak, to say what you think abt Government. ... Should think about the NOrth of Korea, VietNAm, China, Cuba to take example abt communism. I think dont have to explain more, you'd better decide which one is good by yourself
Huong Trinh Communism is based on the concept of equality and people being equal. Any system that installs an authoritarian elite fails to be communism, that is fascism. We've never had a true communist country, just a lot of countries that have been exploited when they are vulnerable.
I really enjoyed this video, it was one of the easier ones on these topics to understand. I only wish you could make a follow up video or something of an extension to discuss the problems with both. Thank you!
I still can't tell the difference. Jesus, this is harder than when I was learning the difference between liberal and conservative..
How? In capitalism the means of production are owned by the rich capitalist class and in communism the means of production are owned by the workers. Thats the first big difference you need to understand
Best way to think about it is this:
Capitalism allows anyone to individually (or with help from others) open up a business (given they are successful) EARN wealth and become rich. Via physical products (selling cars) or services (fixing cars). This is done on the ‘individual’ basis. A tested byproduct of this is UNEQUAL amounts of monies to people. Also monopolies form! If not regulated.
Socialism is this: The public (aka government) ‘owns’ means of production therefore government makes and sells the cars to the public. The problem with this is that Governments are inefficient and ineffective and they struggle to meet the demands of the people. Small-Medium sized businesses do this beautifully. Furthermore, in THEORY! Socialism perfectly meets the needs of the people and perfectly redistributes wealth. In PRACTICE! Socialism/communism has contributed to the deaths of millions of people via Famine and the politically powerful imposing their will on the ‘Equal Class’.
In US society! Capitalism is like a Starbucks, Summit Racing, Tesla creating a product for the public (if they successful) and making monies and competing with other companies to make better products. A few government/socialist... industry are like Social Security, FHA Loans, Utilities like Water and Electricity. Mandatory Medical/health insurance is another Socialist Industry. The US has multiple socialist industries that have slowly grown over time, however, as we all know whom have participated in these socialist programs. They are a pain, long, inefficient, ineffective, create unnecessary debt, and sometimes don’t even deliver. Also they cost lots of money.
Capitalism has also been around for ages. The Silk Road or the Indian Ocean Trade are good examples of purely Capitalistic/Free Trade Networks that gave birth to vast amounts of innovations and ingenuity. Example, the Indians, like before Issac Newton, came up with RUDIMENTARY Laws of Gravity and ‘clunky’ Calculus. Issac Newton literally just refined these discoveries. Examples of Socialist/Communism are the Soviet Union, Cuba, Today’s Venezuela, North Korea, Singapore ( but their complicated), and I believe Mao Zedongs Communist China.
Lots of info friend, hope it helps!
Thanks
difference between capitalism and communism is that one works and the other doesn't. Communism is idealistic utopia that can't exist, there have been multiple countries that tried this experiment but they all failed miserably and ended up with much worse living standard and total collapse of economy. Russia still haven't fully recovered from their communism even though it's been 30 years
Well said! Many of the videos I have seen have been unhelpful and don't break it down very well. This explanation on the other hand is perfect.
can you give me an idea about the history of capitalism and socialism , when and where did capitalism and socialism begin ?
Capitalism: unequal income distribution, but opportunity to advance.
Communism: equal income distribution, but no opportunity to advance.
^This.
"Education must be free for everybody." Doesn't mean that education is equal.
The problem with communism is that talent has to be noticed by the central planning committee, whereas in capitalism, the most talented are naturally sorted out. Of course, not all talent in capitalism will have opportunity, however, survival of the fittest is much more efficient than the guesswork of a central planning committee.
Yeah, that was probably one of the few un-communistic things in the Soviet Union along with Soviet soldiers exchanging post-shaving lotion for socks. The Sputnik project required CONCENTRATING enough wealth and resources in the hands of some scientists and engineers in order to develop the first artificial satellite. They were COMPETING against the U.S. which later beat the Soviets by being the first country to land in the moon with the Apollo 11 project. Hmm...initiation of free enterprise, wealth concentration and competition, that sounds very capitalistic to me. The Soviet Union might have won the first part of the space race but it was not because of communism but despite it, and they managed to cause the death of at least 20 millions of its own people through man-made famines and military strikes against civilians and other military bodies. Communist policies detroyed people´s abilities to acquire enough wealth to be able to help others and made everyone EQUALLY empoverished and starving to death, except for government officials and the state, what a surprise. ´´Imagine all the brilliant minds that got wasted because they were born in empovered environments and had no way to florish.´´ -You
José María Gil Flores
Communism is equal outcome, not equal opportunity. I agree that education should be free, but welfare capitalism can also provide that. Capitalism with free education will provide the biggest opportunity for the great minds to shine, because under communism, everything has to be decided under a central committee, but under capitalism they can decide for themselves. Autonomy foster creativity.
Also, even though Russia was the first country to enter space, it wasn't the first country to land on the moon.
José María Gil Flores
I agree that there should be free healthcare and education provided by the state, but having some privatisation of it wouldn't hurt, as long as the public education and healthcare is adequate enough. Denmark is a good example of this. Over here, the government provides adequate education and healthcare to it's citizens for free, but some of the schools and hospitals are private and has to be paid for. Some people over here prefer to use the private hospitals and education instead.
You also seem to mistake capitalism for corporatism. Corporatism is were the bigger corporations and the government work hand in hand to stifle competition. Under free market capitalism, you will still get a chance if you start your own business.
inb4 this whole thing is a walmart ad
The best video I've watched about Capitalism vs Communism. Thank you
good video sir..easily digestible . thanks
"Worker's unions have replaced socialism!"
Do they help people with no jobs?
Yup it doesnt replace socialism
Communism / socialism only works for maybe 10 years then it fails and everyone is out of a job poor and living in a third world country.
Communism is so great people literally run from it to prosperous capitalist nations.
Darren G this same comment on Reddit would be -100
Mexico is communist? Lmao failllll dont be generic folks
very helpful and I dont know how could I appreciate your help . I got no words
Very good description you did.
There's also a third economic system, and it's the one we have in the United States and Europe, Corporatism. Corporatism or corporate Cronyism is an economic system in which the state essentially picks winners and losers through endless regulations, licensing laws, etc, usually lobbied for by big box businesses, and in which the free market is severely limited.
And the state benefits from capitalists, for they can be financed by capitalists, which is why both capitalists and the state can go hand in hand. Minimising the state is fine by me, but without minimising capitalism, it just gives monopolies more and more power to do what they want, typically at the detriment of most people. You only have to see the third world for this
thats why we need to make lobbying illegal
Free market don't exist nor it ever existed,because in order to be able to have a funcioning market,money,industry and private property rights in the first place,you need to have a state which will invest in infrastructure and set up a rules for the game and laws that all people can follow..you cant separate politics from economics,that is just reality,that is why any extreme ideology whether it is laissez faire capitalism or anarcho capitalism or anarcho communism never worked,because it delusion to begin with..
Theres no such thing as corporatism big business will always work with the government to secure market dominance theres no such thing as genuine competition when capital reinforces itself
Here's my question about communism; Everybody gets the same amount of wealth, right?
Wouldn't rocket scientists be a little annoyed that they don't get any more in return for their work than daycare teachers? Am I missing something?
Yes you are. A rocket scientist will become one for their passion of learning rocket science not for money. In a Communist society money is not the driving factor
Sparks that’s no reason a communist system have to work like that.
"In communism, you work and contribute as much as you can and you take whatever you need or want"
This is the problem. Everyone starts to contribute less, while their needs increase. Also not all people contribute the same so those who contribute more are basicly exploited by the -lazy- less productive ones. There is no incentive to contribute more then the bare minimum. That is why communism needs a tyrannical state, so commissars can force people to work at gunpoint.
"Also, if you want to talk about forcing people to work at gunpoint; that is a capitalism in a nutshell.." What world are you fucking living in? No one is forcing you at gunpoint to get a job, unlike in socialism where jobless people were considered "dangerous freeloaders" and the police came for them...
If communism is anarchic then the term communism is redundant, just call it anarchy, because there is only one type of it (yes, ancaps and ancoms are stupid for arguing over the brand of anarcy when there is only one). Nothing works in anarchy, it's not a stable state of affairs, it always leads to the formation of a hyerarchy.
The problem of communism and equality is that people are not equal by default and over time inequality grows. Only way communism could work if humans were physically and mentaly the same.
@Peter Rakowski Every "wage laborer" enters into a consensual business relationship with the capitalist. Some capitalists have only five employees. They have the talent to run a business. Not everyone does. Not everyone wants to take the risk of running a business. That risk is rewarded by making more money. Innovation happens in Capitalism, not in Socialism or Communism because there must be an incentive. Finally, individuals follow their natural instincts to take care of themselves first, and must do so by providing products and services to others to exchange for other products and services. That's the genius of capitalism and why its done more raise people out of poverty than any other economic tool. Socialism and Communism have produced death and poverty.
Thanks! I found this video very helpful for my class
ty ms lucadamo for makin me watch this :D
Yes, at the end of the day I got to side with Capitalism since I got bills to pay..Ha,ha,ha.
Karl Marx did not say that "society should be organized differently"...
Karl Marx explains that the Capitalist system produces an abundance of goods and technological progress to the point where production becomes so cheap, that the market crashes. Because technology advances, the proletarians will have the means to wage class warfare against their exploiters. Eventually, the proletarians will bring down the bourgeois, just like the burghers of the feudal society brought down the nobility.
Karl Marx explains that Capitalism is a revolutionary force, which transforms society and economy, and its consequence is Communism. Society and economy are already transitioning to a Communist system. Here's a couple examples or communist businesses that are transforming the capitalist economy into a communist economy:
1. UA-cam - you are watching youtube videos for free. Because technology makes stuff so cheap, you can set up your own Tv Channel on UA-cam for very little money. 10 or 20 or 50 years ago, you would've had to pay good money to get access to news and entertainment on television, now you get it for free.
2. Skype, chat, email and data storage - you are communicating on Whatsapp through email, chat, voice and video for free. Gone are the days when you had to pay big bucks so you can call your partners on the other side of the country to send you more supplies, or just say happy birthday to your grandma.
3. Wikipedia, and education in general - you are using Google Search to learn a lot about a lot of stuff, for free. Gone are the days when you had to get a pirated copy of Microsoft Encarta, or spend big buck on a Britannica Encyclopedia, or travel the city for hours to get to a library and read about Communism and Karl Marx, cuz you don't have money to pay for books. Today you just go on google, and educate yourself for free.
The future is in Communism, whether you like it or not. A business won't be able to make a profit without having a Community around its product. Nike, Apple, Star Wars, taught us that lesson. You need a Community who is loyal to your product, or your business dies.
Steam makes money competing aginst free downloads. people still buy stuff even if they can get it for free.
+Sprin Draconis look no further than UA-cam. You get entertainment for free. The corporations have to pay UA-cam for advertising their products. But you - the worker, do not have to pay for UA-cam.
On Steam, games like Dota 2 are free2play. They offer the basic game free of charge, in hopes that some dudes will buy advanced services.
Observe how Skype, Whatsapp, e-mail, Google Drive, Google Search Engine, Linux, Blender, Wikipedia, Games, Books, and so many computer services and apps, are free of charge.
That's because the computer technology forces the market to evolve faster in the way Marx explained in his theory of the capital.
Goods like food and clothes, are under a tight monopoly of the corporations, so they can regulate the market, and prevent the consequences of Capitalist development, described by Marx.
Unfortunately, once you control the market, you are no longer in Capitalism.
criztu i bought youtube red, reason the majority of vids are free is because they are paid through advertising.
Dota keeps its main game free selling astetics
Skype has some extra dodads.
Wikipedia relys on willing donations.
This is capitalism, there aint nothin in this world for free. Everything requires work, and that work is compensated one way or another. Niether UA-cam Dota skype or wikipedia were made for lols, they were made for profit.
Marx was wrong, communism is not natrul.
+Sprin Draconis The point is that the Proletarian doesn't have to pay to have access to UA-cam. It is the Bourgeois who has to pay, to have access to the Proletarian, through UA-cam.
This is a completely different mode of production than the system in which the Proletarian had to pay to use mail, had to pay to listen to music, watch movies or documentaries, had to pay to play a game, had to pay to use a phone.
Today you can use Skype to talk for free, use e-mail to send letters to your grandma, for free, you can listen to music, watch movies and documentaries for free, play games for free, use all kinds of applications - like Blender, for free.
But it's fine if you don't want to see reality. It's not like reality will be any different, if you refuse to see it as it is.
criztu I feel your not seeing reality, food clothing medicine doesn't operate on the same prossess as digital distribution of entertainment and comunication. The reason advertisements work on youtube is cause we're pretty much ment to buy lets say a five hour energy, if five hour energy comercials on youtube then they wouldn't make the add and youtube would need another form of revenu. No comunism.
I really understood a lot thanks man .. Greetings from Algeria
I live in India, what kind of country is it?
would you choose a doctor who went to medical school motivated by money (capitalism) or a doctor motivated by the passion for medicine (communism)?
I would choose the one motivated by medicine, because I know for a fact that he studied medicine to heal people's lives, instead of making a quick profit. I can trust him, in fact, communism is built on trust, the people whom work for you and provide you services are doing it because they have the choice of doing that, and they chose it for the betterment of society. In capitalism, you can't have that trust, because for all you know, they could be doing everything slightly above the legal line in order to make an easy profit
Money and passion for helping are not mutually exclusive
@@vtron9832 no because humans are greedy
Stealth Gamer Vn they’re greedy when they realize they can scam people off. Communism seeks to remove shortcuts that create unfair and unjust loopholes in the economy. If there’s no extra money to look forward to, there’s nothing to win by cheating. In communism, the state of the economy is partially determined by health, so if a doctor wants to get any more comfortable than he is, he has to make sure everyone is in shape. Or you could take the alternative route and make all medicine automated
@@vtron9832 he have to work hard to get money and and if he doesnt do good or bad he 'll get nothing or even get sued
Listen, the reason Communism can not and will not work is because humans are not robots. Humans are diverse creatures: We are angry, we are sad, we are strong, we are weak, proactive, lazy, assertive, passive.... those differences are also the root of our success or failure.
Those differences are what cause particular provoked emotions that, again, are different with each person and that will cause them to be either more or less productive and that will effect their quality of life.
If we were all robots, or at least robot like, communism would be great... but we're not. We're animals of greed that aspire for the stars. We want more and more... communism does not provide that option
We are not creatures that can function on communism.
Communism should never be an option if you treasure your freedom.
however, when jobs are taken over by robots, then communism will work
Alex Turlais that's true.
feroxlara21 true
basically.
the human race doesnt care about millions of deaths as long as they can get more and more and more.
we are basically living in a system were we let poverty exist because we only ourselves to have a good life.
so were all just a bunch of bastards
Communism is a goal that humanity aspires to. It's not just a magical system where everything is flowers and unicorns.
Studying this right now. This was very helpful.
Thank you sir ....well explained ....
Capitalism: Owners make most of the money, Private individuals own the companies or partners, Higher competition which results in better products and more variety of products.
Communism: Society as a whole make equal amount of money. Government own the businesses, no competition which results in poor or same quality of products.
RethinkingLife Not a single country in this world is using these economic systems in their original form there's no Communist/Capitalist Country government intervene in capitalism same for communism private business do take part so all of these systems are for books only the world(mostly) is running under mixed economy.
You are a moron. Capitalism doesn't drive scientific and technological innovations. Capitalism or no capitalism, scientific breakthroughs will take place.
EXACTLY. Humans naturally want to discover, to get better, do advance, to do things more efficiently for the better of all people, to travel to the stars.
Humans don't need Capitalism/money/power as motivation to do that.
Scientists get paid crap yet go to school the most, they do it because of their love and passion.
Most scientists never gave a crap about money, the best example ever being Nikola Tesla.
@@Gabbargaamada And what exactly is the incentive for making these expensive and risky breakthroughs?
I no longer see Communism as a bad thing anymore. I now have a better understanding
I see communism as a fucked up system. People like china badly wants CAPITALISM because they know that CAPITALISM is the way to do things and they agree. China is slowly and gradually turning towards CAPITALISM.
Charlie 1983 So much ignorance in one post....
Charlie, go fuck yourself
Communism will fuck you after you will know how they can brainwash you in to believing that you will have a happy life. when in fact everything this guy is telling you is only 5% of what is good about communism. The only happy life that happened in communism is the fall of communism in 1989.
Megalodon64 Communism is the perfect system, yet it can very quickly lead to authoritarianism, as history has shown. Only if that tendency towards authoritarianism can be eradicated, by further theorising of marxist thought, communism will work, and it will be great.
Thank you. Great resource for students studying Animal Farm.
Very nyc explanation
What's not fair about capitalism? Unequal distribution to its workers? The CEOs/Entrepreneurs who started the company worked very hard, spent lots of money to even open a company in the first place and probably started in a low-wage job, while a janitor who just sweeps the floor at a company earns a wage according to his/her labor. Sweeping floors isn't as tough as starting companies and If he or she doesn't like the pay, then he or she has the right to look for a new job ... keeping in mind that that janitor also has the opportunity to start his or her company and becoming the next CEO/Entrepreneur.
Attack Helicopter Sounds nice in theory doesn't it, but in practical it doesn't work life that
Jbg bre - There are many stories of people who do this and I myself am on my way of starting my own company starting from a low wage paying job..
Attack Helicopter So do you believe the CEOs of say McDonald's should be getting paid as much as they do now, while their workers get paid below the poverty line?
there will always be faults and corruption in both my question is how is communism the big enemy I used to hear that it was when I was a little kid man they hated them more then murderers and drug dealers combined and treated them like terroist in the 80s some people still do who cares if they belive communism works
sorry I didn't mean to reply but just post a comment on vid don't want to troll or argue
I like to see a hardworking employee of Walmart with $7.50/hr save up enough money to open up a store to complete with Walmart. No it doesn't work that way. If you are a minimum waged employee, you are most like to be poor for forever.
Exactly I support socialism because it provides a fair and safe economic system while the capitalists keep the dictatorial oligarchy far wealthier than the people who live in poverty.
Marcelo Palacios unlimited opportunities for 0.01 percent of public. Other 99.99 percent suffers. Capitalism is good system to waste natural resources and great way to generate unsocial modern slaves. No, having more junk that you don't need won't improve your life. It is like a race of junk ownership.
The main problem is that most societies will use both communism and capitalism to better themselves and try to limit the power of the people.
For example:Lets say you worked hard and did open a really successful business. Now what? You have to pay high taxes and while your paying those tax you'll have to pay people to do your taxes because your tax is so time wasting and complicated.
Then you would have the government all over your business because your so successful and now you can't get a break because everything is being put to leech off of you.
Whats It To yah you got a good point there.
if you want to start a business you get a loan from the bank, you can be poor and get a loan from the bank
very well explained , wheres the rest tho?
Excellent video sir....words fail to express my gratitude....
2 different philosophies....... 2 sides of the same coin
You don't need either book to explain this. Capitalism let's people (theoretically) succeed or fail on their own. Some people will do well and be happy and others will fail and be sad. Communism will hold a gun to your head and force you to accept a way of life whether you like it or not and accept what they give you. (for free) Again, some people will be happy and others will be sad, but nobody will really succeed or fail. In the end, both will have happy and sad people. One will have some successful people, the other will not have successful people and everybody will be equally poor. This one also requires force to get to the same result. I like that one. It's cool.
simple yet understandable. im gonna copy this presentation. tnx mr. byrd.
Great video!!!! simply understood the stuff
actually we can build a new philosophy by bringing the advantages of the capitalism and communism
but wait....
will they let us?
most communist works continuously rail about how communism and capitalism are incompatible
Maybe if there was an advantage of communism that was practical in our world?
Communism be like let's give the person who works 14 hours a day and the person who sleeps 14 hours a day the amount of salary. Great !
This was a misrepresentation of communism
can you make a video on absolutism
really did help me better understand THANKS!!!!
communism sounds good on paper but sucks in practice.
capitalism not perfect but it works for the most part
That's the fucking problem with capitalism, it works so well that the capital is gathered in the hands of a handful rich people in a matter of years. Also, communism works good on paper but in practice it is destroyed by a CIA financed coup d'etat. There are countries that had communism, but they were crushed by imperialist or fascist forces(Chile, Catalunya etc).
Only the outcome is important in communism. There is no concept of "opportunity" like there is in capitalism.
Dmitriy Mikhailovich Yeah, of course! IMO there are two ways, how a communist country can exist:
1.Fall back into the stone age and live in many tiny little groups, which are relatively close to you so you can emphasize with them.
+we reached true communism! Woohoo!
-progress cannot take place, because knowledge and Innovations would destroy those little groups and lead to a break down of communism, so we would literally be forced to live like cavemen (and women).
2.we have Robots and other machines that do all the work, therefore nobody wants to be poorer than others for no reason and at the end everyone is equal.
+We reached communism! Hooray!
-Damn! Who Controls these robots? Who knows, how they are built? What do we do, when their Systems crash? Whats the point in Life when you dont have to do anything anymore?
Please go on repeating what your high school teacher told you. Don't bother to read a book.
@Marco Well I mean if you flip burgers every day, you should expect to get paid shit wages. In comparison, a doctor whose dedicated an extra 10 years of schooling and years of debt, its only natural to be paid more handsomely.
thats why capitalism is better
No communism is better
no
only thing of this, were do you prefer to live in Brazil a semi capitalist country or in russia a semi communist state,
Lowmomome russia is my answer, i dont like brazil
Lowmomome Russia today is anything but communist.
right now is center not lefty
Well presented Sir, thanks.
i wasnt this clear wth this concept before seeing this vdo....thank u so mch !
Socialism is great
Search up what "NAZI" stands for and tell me if you still think the same.
Cynthia Waterman Go read some political history and re think your question
Cynthia Waterman I'm no socialist, but even I know Nationalized socialism and socialism are different.
Owen Waterman Holy fuck just how dumb are you?
No no, it's terrible. It's like shitty communism. Socialism funds lazy people.
Just saying... communism sounds WAY better...
Just Sounds good but its hell
Just Sounds good but its hell
+Josh Latham Central planning is done by people without the secret sauce for the success of business. Capitalism harnesses the evolutionary principles where the strong and strategic survive. What's happening now though is that the most powerful and large corporations are buying influence in government to crush capitalism and move it into a more oligarchical system to week out competition. See examples of how the biggest telcom companies are trying to squash municipalities from developing their own highspeed internet or legally barring Google into their Market to maintain monopolies. Government is suppose to breakup monopolies to protect capitalism.
Everybody in a communistic society makes the same amount of money no matter what you do. Would you rather go to school for 8 years and be a doctor or work as a janitor and make the same amount of money. There's a third option, you can be an unregistered cab driver and make stupid amounts of money because you're not paying taxes to the government.
Also in a communist society, you gotta have a state which enforces all of communisms rules. Meaning that in a world where everyone is equal, you end up with a group of people that are "more equal than others. While everyone else is making 4$ a day (not an exact number just an example) you have a group of people living in giant homes because they are making sure that everyone else is equal. BOOM! you're back where you started.
Margaret thatcher always said Socialism/communism looks better on paper and always greats you with a smile.
*Me preparing those powerful af facts for the history debate*
Thanks, I needed this for a book
This is completely wrong.
Horrendous explanation.
+Daniel Zha Please provide correct explanations or links providing correct explanation!
+Rajat Agrawal yes please.
Also there are a lot of misconceptions of what marxism is than to what it originally was.
+tu nguyen such as?
Mickey784cr first of all i have to ask you what is your views of Marxism?
Why say this if you’re not going to explain. I️ need an exposition.
To me, communism seems better. Just sayin' :P
well it isnt
RRRED the Gamer That's your opinion, ours is different
@@Yair642002 -i- we like the use of "ours" fellow comrade
I couldn't emphasize more how simple understanding these concepts is with your channel. Truly truly appreciate that . Thank you so much
seen so many shitty videos about capitlism today, but this one is great. thank you for clearing up
why can't my teachers be this engaging?
Very nice and comprehensive
This is the best anyone has ever explained Communism and capitalism
Thank you so much for your helpful educational video!
Very helpful!! Thank you!!!
I believe competition is always a good thing , no matter how brutal it sound , if there would be unlimited seat for a good university and whatever marks you get will ensure admission , no on will try hard and become better than others
Thanks, this is a very interesting subject. This is only the basics differences.
Very interestink. Tanks.
do you work in pwcs?
I like that the people all own the businesses and get to keep all the money. What are some examples of great wealth generating companies that have been started by the government? I wanna move there.
Could you do a similar video including Fascism or National Socialism? or just a video of those ideologies alone. a lot of people don't understand them at all.
That's because communists have been trying to confuse people about fascism so their system doesn't seem so similar.
Really a very good explanation....thanks a ton
i see that the invisible hand of the free market working well
What would you call an economic system where all the principles of capitalism, like free market, competition, citizens running businesses, etc. was mixed with the communist idea that wealth earned by the company must be shared with the workers. Does such a system exist/ have a name?
+Stephanie Wells well... you should have thrown "private property" in there with the capitalism stuff... capitalism revolves around private property because its just people freely exchanging their property. Apples for oranges, labor for money, apples for money, whatever. So a system where the wealth earned by individuals or corps (corps are just individuals pooling their assets for purposes of production) is "shared" (forcefully I presume since people are obv able to freely donate to charity) would be antithetical to the idea of private property. To get the benefits of capitalism you need private property, so confiscating and re-distributing wealth messes up the incentive process. I believe the system that combines the two can be accurately called "interventionism" and it is inherently unstable. It either leads further down the road to socialism or you can forget the whole thing and return to free markets.
Thanks , for the clarification !
Do you have any videos on socialism?
+Charles Jones (ArcticfrostNK) You are very misinformed. Socialism is very different from communism.
+Dynamite Beats Do you actually know the difference?
Awesome video man thank u so much
its really helpful ...thank you
Thanks for the video..
I understand it better now..:-)
Thanks 4 video...
now i knew diff betn communism n capitalism
HEY, I'M LEARNIN HERE, I'M LEARNIN. LEAVE ME BE, I SAY.
Capitalism brought us google
Communism brought us gulag
That was really excellent explanation ,thank you
Thank you! I understood everything.
you a great teacher Sir.
Best Explanation THANK YOU!!!!
best explanation ever. and proves both sides are far from perfect
excellent this video was extremely helpful.
Great explanation
it sounds like with communism there is no diversity in technology or goods. is that how it worked? do brands exist within communism. Im still confused on the subject I guess
In your example, Communism, does Walmart Company need to distribute a part of their wealth to Starbucks Company as well?
Maybe I’m overtired but that hand scared the shit out of me
very impressive explanation.thank you
Very good
Thank you so much, i really understand better.
Now if Walmart has 300 customers in line, they will open another
thank-you for making this.. it's helpful.. :)
This video is cunt stain on the world
Thank you!
completely helpful . thankyou for making this video
very nicely explained, thanks
Will you teach me geometry
I found this very easy to understand. I've watched other videos and I got confused very quickly. Thank you for simplifying these two terms :-)
Wealth inequality isn't the only contra point to capitalism. Other points include that innovation gets halted by trade secrecy, decision power is heald by few instead of by many (which goes against American principles of freedom and democracy), anything monetarily viable gets encouraged, which often hurts workers and even customers, think microtransactions or the digital advertisement industry and several more.
amazing video for any entrepreneur!