Why You Should Be A Socialist In 2024

Second Thought
29 Dec 202319:01

Summary

TLDRThis video explores the issues caused by capitalism, emphasizing how wealth inequality has worsened, particularly during the pandemic. It argues that capitalism, driven by profit, leads to monopolies, overworked laborers, and a concentration of wealth among the rich. The video advocates for socialism as a better system, proposing a society where basic needs like housing, healthcare, and education are guaranteed, and workplaces are democratically controlled. It also addresses misconceptions about socialism, urging viewers to consider alternatives to profit-driven economies.

Takeaways

  • 💰 Capitalism leads to extreme inequality, with the richest 1% accumulating most of the world's wealth, while the majority struggle.
  • 📉 Capitalism works by accumulating capital, but at the cost of worsening living conditions for the majority of people.
  • 🔄 Socialism is presented as a logical next step after capitalism, as societies evolve and systems change over time.
  • 🏦 Capitalism concentrates wealth and power in the hands of a few, with mega-corporations dominating various industries.
  • 💼 The profit motive in capitalism drives inequality and creates a system where the rich get richer, and the poor get poorer.
  • ⚖️ Socialists advocate for a society where basic needs like housing, food, healthcare, and education are universally guaranteed.
  • 👩‍💼 Socialists argue for democratic control of the means of production, where workers have more say in how workplaces and resources are managed.
  • 📊 Inequality under capitalism is worsening, with CEOs making exponentially more than their workers, while wages stagnate.
  • 🌱 A socialist economy focuses on human needs and environmental sustainability, rather than profit-driven motives.
  • 📚 Socialism supports individual freedom and creativity by ensuring a baseline standard of living for all, enabling people to pursue passions beyond survival.

Q & A

  • What is the main argument presented in the video regarding capitalism?

    -The video argues that capitalism is inherently flawed, as it prioritizes profit over human well-being, resulting in massive wealth inequality and worsening social conditions for the majority. The speaker believes capitalism has run its course and should be replaced by socialism.

  • How does the video explain the accumulation of wealth by the top 1% during the COVID-19 pandemic?

    -According to the video, the wealthiest 1% accumulated nearly 2/3 of all new wealth generated since 2020, with the top 10 billionaires gaining over $1.5 trillion in wealth. This was largely due to the structure of capitalism, which allowed the ultra-rich to profit from the suffering of others during the pandemic.

  • Why does the speaker claim capitalism is not evil, but flawed?

    -The speaker explains that capitalism is not inherently evil but is designed to prioritize profit above all else. As a result, the system leads to wealth concentration and exploitation because that is how it functions. It follows its own 'profit motive,' which results in negative outcomes for most people.

  • What does the video suggest is the 'logical next step' after capitalism?

    -The video argues that socialism is the logical next step in human development after capitalism. Just as society moved from feudalism to capitalism, the speaker believes it will progress from capitalism to socialism as a means to create a more equitable society.

  • How does the speaker address the misconception that socialism enforces uniformity and limits personal freedom?

    -The speaker clarifies that socialism does not aim to enforce uniformity or restrict personal freedom. Instead, it seeks to ensure everyone has access to basic needs, such as housing, healthcare, and education, which would allow people to pursue personal goals and creativity more freely.

  • What is the speaker's view on workplace democracy under socialism?

    -The speaker advocates for workplace democracy, where workers have control over the means of production and decision-making within their workplaces. They argue that workers often know best how to perform their jobs and that workplace democracy would lead to higher efficiency, morale, and less waste.

  • How does the video contrast capitalism and socialism in terms of addressing societal needs?

    -The video argues that capitalism follows the logic of profit, which leads to societal harm, while socialism is focused on meeting societal needs. In a socialist system, resources would be distributed based on people's needs rather than on the profitability of industries.

  • What does the speaker say about the relationship between capitalism and political power?

    -The speaker argues that under capitalism, political power is heavily influenced by the wealthy and powerful, such as large corporations and lobbying groups. This leads to policies that benefit the capitalist class rather than the general public, reinforcing inequality.

  • What examples does the speaker provide of capitalist systems consolidating power among a few corporations?

    -The speaker cites companies like Google, Amazon, and Disney as examples of how capitalism leads to monopolies. They argue that under capitalism, more and more of the economy becomes concentrated in the hands of a few mega-corporations, which harms competition and consumers.

  • Why does the speaker believe socialism is more aligned with addressing climate change than capitalism?

    -The speaker believes socialism is better suited to address climate change because it prioritizes the needs of society over profit. In contrast, under capitalism, any solutions to climate change are filtered through the lens of profitability, which often leads to insufficient or harmful actions.

Outlines

00:00

🎥 Introduction and Call to Action

The video begins with a message thanking patrons on Patreon for their support and encouraging viewers to become patrons for early access to content. It briefly touches on structural issues in society and introduces the core argument that capitalism is responsible for many modern problems. The speaker suggests that socialism offers solutions to these issues, emphasizing that capitalism is not the only viable system for human progress.

05:00

💸 Wealth Inequality and Capitalism's Impact

The paragraph highlights the extreme wealth disparity exacerbated by the COVID-19 pandemic. It cites data from Oxfam showing that the richest 1% accumulated two-thirds of new wealth created since 2020, with 10 billionaires amassing $1.5 trillion during that period. The narrative critiques capitalism for enabling a system where the ultra-wealthy profit off widespread suffering, arguing that capitalism inherently leads to inequality due to its profit-driven nature.

10:01

📉 Worsening Economic Inequality

The paragraph discusses how capitalism, over time, leads to a disproportionate accumulation of wealth among the rich while reducing the living standards of the majority. It mentions how wages have stagnated, with half of all new wealth going to the top 1%, and describes how most Americans live paycheck to paycheck with little or no access to paid vacation or parental leave. The author argues that capitalism thrives on inequality and that the system's design is to favor the wealthy over the working class.

15:03

⚖️ The Employer-Employee Power Imbalance

This section delves into the fundamental relationship between employers and employees under capitalism, explaining how businesses inherently prioritize profit over worker welfare. It argues that wages are always less than the value workers bring to companies and that capitalism creates an unequal dynamic, favoring employers through mechanisms like high unemployment and stagnant minimum wages. The narrative claims that this dynamic forces workers into compliance out of fear of poverty.

🛠️ Socialism vs. Capitalism: Different Philosophies

The paragraph contrasts the philosophies of capitalism and socialism. While capitalists believe free markets lead to societal good, socialists argue that markets prioritize profit over the collective well-being. The text emphasizes that capitalism concentrates power and wealth in the hands of a few, while socialism advocates for a more equitable distribution of resources and decision-making power. It clarifies that socialists do not seek to eliminate individuality but rather to ensure a baseline standard of living for all.

🏡 A Socialist Vision of a Just Society

This section outlines the socialist vision for a society where everyone has access to basic needs like housing, education, food, water, and healthcare. It criticizes capitalism for forcing people into undesirable jobs due to fear of eviction or starvation, while socialism promises a system where people can pursue passions and contribute to society without the constant threat of poverty. It also emphasizes the idea of democratic control over production, where workplaces operate with the collective interests of workers in mind.

🏢 Democracy in the Workplace

The paragraph elaborates on the concept of democratizing the workplace, arguing that workers often know how to manage their jobs better than management. It gives an example from the speaker's personal experience working in retail, where workers performed better when left to make their own decisions, compared to when profit-driven corporate policies were imposed. The argument is that workplace democracy increases efficiency, morale, and reduces waste.

🌍 National-Level Democracy and Capitalist Influence

This section critiques the current state of democracy in capitalist societies, arguing that governments are often controlled by wealthy elites and corporations rather than representing the will of the people. It refers to the influence of lobbying groups and industries, particularly fossil fuels and the military-industrial complex, which dominate policymaking. Socialism, by contrast, offers the possibility of true democratic decision-making that prioritizes the needs of the people over profit.

🛑 The Limits of Capitalist Democracy

The paragraph quotes Lenin and others to argue that capitalism only offers democracy to the wealthy, leaving the working majority disenfranchised. It mentions how capitalist societies funnel resources towards military spending and subsidies for harmful industries, rather than addressing urgent issues like climate change. The speaker suggests that socialism offers a more sustainable, democratic solution that empowers citizens to make decisions that benefit society as a whole, rather than prioritizing corporate profits.

📢 Closing Thoughts and Call to Action for Socialism

The video concludes by reinforcing the idea that socialism offers a more just and equitable future. It acknowledges the challenges of overcoming capitalist propaganda but encourages viewers to question the status quo and explore socialist ideas. The speaker also touches on their personal decision to leave Nebula over a disagreement regarding the Israel-Palestine issue, urging viewers to support the channel through Patreon to maintain independence. They invite viewers to join the community and engage in discussions about socialism.

Mindmap

Keywords

💡Capitalism

Capitalism is an economic system where private individuals or corporations own and control the means of production with the aim of generating profit. In the video, it is presented as a system that benefits the wealthy minority at the expense of the majority, driving inequality. The script highlights the flaws of capitalism, such as wealth disparity, the concentration of power in mega-corporations, and the exploitation of workers, with examples like the richest 1% accumulating two-thirds of new wealth created since 2020.

💡Socialism

Socialism is an economic and political system where the means of production are owned and controlled by the public or the state, with the goal of creating a more equal society. In the video, socialism is proposed as a solution to the problems caused by capitalism, such as extreme inequality. The narrator argues that socialism would ensure basic needs like housing, healthcare, and education are guaranteed for all, and advocates for democratic control over the economy to benefit the majority, rather than focusing on profits.

💡Wealth Inequality

Wealth inequality refers to the unequal distribution of assets and wealth across a population. The video emphasizes the extreme level of wealth inequality under capitalism, providing statistics like the richest 1% accumulating 26 trillion dollars of new wealth during the COVID-19 pandemic, while most of the world struggled financially. This imbalance is depicted as a fundamental flaw of capitalism, contributing to societal problems.

💡Profit Motive

The profit motive is the driving force behind capitalism, where the primary goal of businesses and corporations is to maximize profits. In the script, the profit motive is criticized for leading to harmful outcomes, such as corporations exploiting workers, reducing wages, and prioritizing profits over human well-being. The narrator argues that this system leads to increased inequality, consolidating wealth in the hands of a few at the expense of the majority.

💡Means of Production

The means of production refer to the facilities, tools, resources, and labor used to produce goods and services. In capitalist systems, these are owned privately by capitalists, whereas socialists advocate for democratic or public control over the means of production. The video emphasizes that under socialism, the means of production would be controlled democratically by workers, aiming to meet societal needs rather than generate profit for a small elite.

💡Class Divide

Class divide refers to the separation between different socioeconomic groups, particularly between those who own wealth and those who sell their labor. In the video, this concept is central to the critique of capitalism, where society is divided into the wealthy capitalist class (the 1%) and the working class (the 99%). The narrator argues that capitalism sustains and exacerbates this divide, with the wealthy accumulating more resources at the expense of the working majority.

💡Oligarchy

Oligarchy is a form of power structure where a small group of wealthy individuals holds a disproportionate amount of political and economic power. The video uses the term to describe how the richest 1%, or the 'oligarchs,' control the vast majority of global wealth. This concentration of wealth and power is framed as a symptom of capitalism’s failings, where decisions that affect the masses are made by a select few who prioritize profit over public welfare.

💡Democracy in the Workplace

Democracy in the workplace refers to a system where workers have a say in how their workplace is run, including decision-making powers and control over working conditions. The video advocates for this as part of a socialist vision, contrasting it with the current capitalist model where unelected managers or CEOs hold all the power. By giving workers control, the video suggests that productivity, morale, and fairness would increase, using the example of a camera department in retail where workers performed better when self-managed.

💡Surplus Value

Surplus value is the difference between the value of what workers produce and what they are paid, with the excess being kept as profit by the employer. The video uses this concept to explain how capitalism inherently exploits workers by paying them less than the value they generate. This surplus value is then transferred to shareholders or company owners, rather than being reinvested into workers’ benefits or wages.

💡Climate Change

Climate change is the long-term alteration of temperature and typical weather patterns in a place, largely due to human activities like burning fossil fuels. The video argues that under capitalism, decisions related to climate change are filtered through a profit-driven lens, leading to insufficient or harmful responses. It posits that under socialism, with a focus on collective good over profit, society would be better equipped to tackle climate change because decisions would prioritize environmental sustainability over corporate profits.

Highlights

The episode emphasizes how capitalism contributes to economic inequality, citing examples of wealth transfer during the COVID-19 pandemic.

It mentions the richest 1% accumulated nearly two-thirds of all new wealth generated globally during the last two years, according to an Oxfam report.

The 10 richest individuals accumulated $1.5 trillion, which is about the same amount of wealth lost by the rest of the world’s population.

The video argues that capitalism works as intended – to accumulate capital – but that its inherent logic produces extreme inequality and societal harm.

It claims that capitalism’s profit motive drives companies to prioritize profits over people's well-being, which results in wealth disparity and societal problems.

The speaker asserts that capitalism will eventually give way to socialism, comparing it to the historical shift from feudalism to capitalism.

It critiques the notion that capitalism is the best system humanity has found, arguing that something better, such as socialism, is possible.

Capitalism, according to the video, consolidates wealth and power into the hands of a few, leading to monopolies and mega-corporations like Google, Amazon, and Disney.

Socialism, the video argues, offers a more equitable future, focused on providing a guaranteed baseline standard of living for all, including universal access to housing, healthcare, education, food, and water.

It also promotes the idea of democratic control over the means of production, where workplaces are run collectively or democratically by workers.

The video explains that the employee-employer relationship is inherently unequal under capitalism because employers must make a profit from the worker’s labor.

The speaker believes that under socialism, workers would have more say in how workplaces are run, which would improve efficiency and morale.

The episode highlights how democracy under capitalism is compromised by the influence of wealth and lobbying groups, making government policies favor the rich.

It argues that socialism offers a solution to climate change, as decisions under a democratic economy would prioritize the planet over profit.

The speaker concludes that socialism is both moral and common sense, advocating for the democratization of power and an end to capitalism’s outdated profit-driven solutions.

Transcripts

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this episode and others like it are made

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possible by the generous support of my

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patrons on patreon if you'd like to help

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support the channel join the Discord and

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to get early access to every video

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consider becoming a patron at

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patreon.com/crashcourse and I figured

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it'd be fun to revisit the topic a lot

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of structural issues remain unchanged so

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if some of this sounds familiar don't be

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surprised so let's get straight to the

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heart of the matter many of the problems

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in your life are either caused or

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worsened by capitalism the good news is

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we have the means to solve these

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problems when we socialists say a better

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world is possible it's because it's true

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capitalism has only really been around

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for a few hundred years it's a little

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bit silly to assume that we just

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magically found the perfect system and

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this is how humans are supposed to to

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live it's not utopian to think that

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maybe something better can come after

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and it's not being bitter or envious to

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criticize the status quo things are bad

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we know why and we know how to fix them

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every system eventually comes to an end

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just as Humanity progress from feudalism

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to capitalism so too will capitalism

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give way to socialism it's The Logical

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next step in human development if you

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strip away all the extra stuff the core

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purpose of our species the only thing

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that really matters is leaving a better

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life for our children we can no longer

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do that under capitalism so let's take a

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look at some of the problems capitalism

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creates and why it's time to move

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[Music]

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on the example I used in last year's

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video was the massive transfer of wealth

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during the co pandemic now that the dust

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has mostly settled we have better data

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on just how extreme it really was

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according to a report by Oxfam the

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richest 1% of people accumulated nearly

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2/3 of all New Wealth generated in the

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last 2 years I'll say that again of the

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$42 trillion of wealth created since

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2020 the richest 1% of people 1%

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siphoned off 26 trillion of it put

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another way for every $1 of wealth

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earned by someone in the bottom 90% The

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Upper Crust amassed $1.7 million during

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the first two years of the pandemic

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specifically the 10 richest people on

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Earth accumulated over 1.5 trillion

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of wealth which coincidentally is

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roughly the amount of wealth lost by

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everyone else these 10 people already so

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rich they'd make the pharaoh's blush

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raked in money at a rate of $1.3 billion

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every single day for 2 years together

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these oligarchs hold more wealth than

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the world's poorest 4 billion people

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that is staggering inequality in a time

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when 99% of humanity was struggling to

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make ends meet when companies were

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sacrificing their workers on the altar

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of profit when Millions lost their jobs

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and had to survive on two tiny emergency

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checks over the span of 2 years the

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ultra Rich were safe isolated and

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profiting massively off the suffering of

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their fellow human beings one staggering

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statistic that really puts this wealth

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disparity into perspective is that if

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these 10 multi-billionaires lost

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99.99% of their wealth right now they'd

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still be richer than 99% of the

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population it's hard to even

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conceptualize that kind of inequality

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but this is what capitalism produces

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it's not that capitalism is evil it's

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that it is beholden to its own inherent

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Logic the logic of the profit motive if

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the profit motive says a million people

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need to Die to Save the economy then the

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only possible outcome under a capitalist

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system is that a million people will die

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I said last year that this is not a

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system that works but I want to amend

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that statement capitalism does work it

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does the thing it's supposed to do which

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is accumulate capital

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but because of how capitalism Works

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we're left with a society in which the

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extreme wealth of the few is a direct

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result of the suffering of the many and

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that tiny handful of multi-billionaires

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will only get smaller over time an

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economic system constructed to produce

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winners and losers will always end in

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Monopoly look at Google look at Amazon

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look at Disney every facet of our

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society is being Consolidated under ever

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growing Mega corporations and that's not

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going to stop it can't and a system that

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creates Godlike wealth for a handful

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while actively preventing the vast

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majority from living a decent life needs

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to be done away with more and more

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people are waking up to this fact as

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things continue to get

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[Music]

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worse but okay come on capitalism is an

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improvement over feudalism right we

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can't just throw away the best thing we

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have you're right it was an improvement

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we went from from a system where there

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was no chance of upward Mobility to one

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where some lucky few could rise out of

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poverty that's great but the thing we

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have to realize is that something which

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could have been seen as Progressive 400

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years ago might not be so great today

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things change and in capitalism's case

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not for the better again due to the

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inherent logic of the profit motive the

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ruling class must always take measures

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to reduce costs and maximize profits and

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over time you start to run out of fat to

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trim today

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50% of all New Wealth created goes

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directly to the top 1% of the population

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CEOs of large corporations make over 350

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times what their workers do while

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employee wages are lower than they were

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50 years ago when you account for

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inflation but I could almost forgive

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that if half of all Americans didn't

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live paycheck to paycheck or if a $50

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trillion transfer of wealth hadn't gone

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from the bottom 90% of society to the

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top 1% since

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1975 but they do and it has and it's not

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just wages it's everything else too 28

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million Americans don't get any paid

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vacation or paid holidays so they hardly

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take any time off and who can blame them

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when wages don't even keep up with

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inflation and most people can't cover a

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surprise $400 expense it's simply not

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possible to take time off and that's

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hardly surprising for a country that

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also has no federal guaranteed paid

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parental leave whatsoever it's not just

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that we're getting paid less getting a

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smaller share of the wealth we produce

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and enriching a single percent of the

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population despite living in the most

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productive time in human history we're

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working more for less and please don't

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think I'm cherry-picking data here all

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of these statistics are from Western

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capitalist funded sources they're all

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Linked In the description if you want to

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check anyway again all of these

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statistics are perfectly in line with

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the prime directive of our current

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economic model the accumulation of

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profit for the capitalist class they're

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all Justified by the fact that in some

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way they've allowed for a small minority

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of the population incredibly powerful

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and Wealthy by virtue of ownership of

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the means of production to squeeze more

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out of their workers for themselves in

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the last century we've seen the gradual

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destruction of unions a federal

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tolerance of permanent high unemployment

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and a series of changes to the tax

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system that allow more and more wealth

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to accumulate at the top wealth is more

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concentrated we're more overworked and

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rampant inequality persists because this

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economic system has no mechanism to fix

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these problems on the contrary it

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thrives on their existence what

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capitalism demands above all else is

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profit and in order for the system to be

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profitable somebody needs to get screwed

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over and it certainly won't be those

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with the executive power to set the

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rules think of it like this no boss out

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there however compassionate or

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kind-hearted they are will ever pay

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their employee an equal or greater

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amount than they bring to the company it

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wouldn't make sense what would be the

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the point of hiring an extra person if

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all the money they generate goes right

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back in their pocket in other words no

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matter what your pay is even if it seems

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incredibly generous it's less than what

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you're actually Worth to the company and

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the money taken off the top your Surplus

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value isn't going to a company fund or

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R&D or a collective pension scheme

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nothing that benefits you or your

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co-workers even indirectly no it's going

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to the shareholders otherwise there'd be

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no profit only expenses and income this

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this is the fundamental truth of

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capitalism the employee employer

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relationship is always always in favor

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of the employer because when it isn't

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companies aren't profitable and that's a

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big no no under capitalism and the rest

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of the economy is there to facilitate

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that a consistent natural unemployment

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and a minimum wage that hasn't budged in

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15 years together gives your boss the

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ability to replace you at any time it

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keeps you compliant to their power under

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threat of poverty and it gives them

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leverage to steadily increase the gap

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between how much much money you make for

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the company and how much you get

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[Music]

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paid okay I understand that last section

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may have been a little frustrating if

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this is the first time you're hearing

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these talking points I can hear you

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saying well yeah it sucks but how else

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would a business function it's just

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common sense that it has to be this way

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or the economy wouldn't work and that

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right there is the point it's not that

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the economy wouldn't work it's that a

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capitalist economy wouldn't work so what

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about socialism whereas capitalists and

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temporarily embarrassed millionaires

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believe that free markets inherently

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lead to the greatest societal good

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socialists have a different

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perspective in a nutshell proponents of

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capitalism believe that along with a

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free market a healthy Society is divided

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into two classes one that owns and

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controls the productive Enterprises and

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seeks profit and one that does not own

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this form of property and therefore

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needs to sell its labor for a wage in

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their opinion markets even when they're

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imperfect are better at making decisions

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than democracy is socialists disagree we

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understand that markets follow the money

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not the collective good and side note

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capitalists understand this too they

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just think the average person is

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gullible enough to believe their

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propaganda at its core the whole

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capitalist system is built on a small

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group of unelected people having more

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power than everybody else and using it

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to enrich themselves the Socialist

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conception of society does away with all

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that but before we talk about what

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socialists do want we should briefly

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touch on what we don't want because

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we've all been subjected to A Century of

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redscare propaganda at this point so

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it's probably worthwhile to clear up

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some

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misconceptions first we're not trying to

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make everyone work in the coal mines and

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wear all gray and have exactly the same

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number of State mandated Funko pops when

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Socialists use words like equality we're

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talking about making sure that everyone

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is has afforded the same Baseline

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standard of living that's it we're not

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trying to enforce uniformity across the

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board everyone has the same basic

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guarantee when it comes to quality of

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life you can go out and improve that

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it's not a cap on quality of life it's

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just a way of saying you are a human

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being and that means you deserve a modum

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of dignity and security no strings

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attached individuality personal

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expression the drive to do or become

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more none of that will change that's the

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best part of being human and socialists

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are all about it in fact pursuing goals

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taking up Hobbies creating art that's

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all far more possible under socialism

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where you've got a guaranteed Baseline

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standard of living than it is under

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capitalism where your options are work

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or starve okay we've said that a couple

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times now guaranteed standard of living

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What specifically does that mean

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universally free or at the very least

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universally accessible housing education

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food water and health care for all the

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right to a life of of dignity and basic

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security because those things are well

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within our power to provide there's too

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much food going to waste too many empty

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houses too much stuff being destroyed to

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artificially inflate its cost and too

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many people making a profit by hoarding

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our basic needs socialists are tired of

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people being pushed into grueling

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dangerous or demeaning jobs by being

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threatened with eviction and starvation

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why are we so intent on holding

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ourselves back by keeping the majority

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of the species poor and unable to pursue

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their path passions a society that

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invests in itself by allowing its people

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the ability to flourish has a far better

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chance at longevity and public support

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than one that withholds Necessities for

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the sake of Greater profit another thing

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socialists propose is democratic control

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over the means of production we use that

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word a lot what does it mean think large

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companies factories Farms literally the

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means by which capital is produced we

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advocate for an economy run

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democratically and not in the search of

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profit this can take many forms whether

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that's a cybernetically planned economy

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a network of autonomous communes or some

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other method what works in the US may be

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different from what works in other parts

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of the world what we can say for certain

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is that they would all work better than

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what we have now workplaces would be run

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either without a boss or with one

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elected by the workers and the products

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of this economy would be geared towards

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satisfying the needs and wants of

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society without having to be profitable

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to do so if you're having a hard time

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inag ining what a democratic workplace

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would look like just think about your

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current job I'll take retail as a common

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example so I used to work at besty as a

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camera expert my job on paper was to

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help customers pick out the camera that

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would best suit their needs in reality

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management just wanted me to upsell

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people on more expensive gear to make a

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long story short the camera department

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is kind of detached from Best Buy proper

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we technically reported to the

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respective Brands and we didn't have a

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brand manager there most of the time

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when left to our own devices the camera

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Department had the lowest rate of

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product returns in the store by far

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because we decided amongst ourselves how

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best to meet the customer needs when

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corporate started pressing us for higher

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profits and the GM started forcing us to

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upsell the return rate skyrocketed

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actual profit shrank and the department

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got all kinds of negative reviews in

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this scenario and countless others

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across the labor landscape the workers

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know best how to do their job and

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meddling from an unelected manager only

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makes things worse democracy in the

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workplace increases efficiency and moral

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and reduces waste it's a

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no-brainer one final thing I'd like to

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talk about is democracy at the national

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level the ability to have a say in how

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your country is run in the United States

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we supposedly elect people who enact

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policies that reflect the will of the

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people it's pretty clear that this is

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not actually the case Studies have shown

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that what the average person wants has

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next to zero influence on policy while

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what lobbying groups want

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does because both both major political

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parties are in the pocket of capitalist

play15:01

industry particularly fossil fuels and

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the military-industrial complex we end

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up with representation for those with

play15:07

wealth and power this is something that

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socialists noticed over a hundred years

play15:11

ago for example in his book The State

play15:14

and Revolution lenon said in capitalist

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Society democracy is always hemmed in by

play15:20

the narrow limits set by capitalist

play15:21

exploitation and consequently always

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remains in effect a democracy for the

play15:26

minority only for the propertied classes

play15:29

only for the rich freedom in capitalist

play15:31

Society always remains about the same as

play15:34

it was in the ancient Greek republics

play15:36

freedom for the slave

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owners the average American doesn't want

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to send billions of tax dollars to fund

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genocides or proxy wars we don't want to

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subsidize industries that are making the

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planet less habitable for our children

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we want labor protections a better work

play15:50

life balance a Health Care system that

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won't bankrupt us I'm not saying that

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everything will be perfect in a

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socialist society I'm saying the these

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things are impossible in a capitalist

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one when we Face a problem today

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something important like climate change

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for example our Solutions not only need

play16:08

to be filtered by what will either be

play16:09

most profitable or at best hurt profits

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the least but also the actual Solutions

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we do adopt are made by Industries

play16:16

unaccountable to the public under

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capitalism no government no scientific

play16:21

board no body of citizens really has the

play16:23

power to step to the fossil fuel

play16:25

industry under socialism under a

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democratic economy a climate change

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level decision may still be incredibly

play16:32

hard to make but most people care more

play16:34

about still having a planet to live on

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than making the line go up every year

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and this way they'll actually have the

play16:40

power to make that decision a reality

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that is what socialists offer a more

play16:45

dignified life and the democratization

play16:47

of power and the only thing it will cost

play16:50

us is giving up on the outdated idea

play16:52

that there is always a profit-driven

play16:53

solution to our problems there isn't and

play16:57

we can do better so socialism is the way

play16:59

forward for Humanity it is moral it is

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just at this point it's Common Sense we

play17:06

have the data we just have a lot of work

play17:07

to do deprogramming ourselves from A

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Century of Red Scare

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propaganda anyway I hope that some of

play17:15

this video has resonated with you and

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that you'll start asking questions about

play17:18

socialism yourself if you do I've got a

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bunch of other videos to help you learn

play17:21

more we can do this we can build a

play17:24

better world so go on why not be a

play17:27

socialist

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I mentioned at the beginning of the

play17:32

episode that my content is only possible

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thanks to my patrons on patreon I

play17:36

recently made the decision to leave

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nebula so I'm back to being 100%

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independent it's exciting but also a

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little nerve-wracking since nebula

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handled all my sponsors because a lot of

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people have been asking and some Bad

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actors have been trying to start drama

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no I wasn't kicked off the platform I

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was asked to make a clarifying statement

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about my stance on Israel and Palestine

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and in the end it felt just a little too

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both sidy for for me in my opinion it's

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a very black and white issue so rather

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than compromise my principles I decided

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it was best for me to leave there's no

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bad blood there so please don't go

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harassing nebula for my sake but now

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that I'm independent again the best way

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to support the channel is on patreon if

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you enjoy the work we're doing here at

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second thought and you're able to chip

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in even a dollar a month I would greatly

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appreciate your support every Patron

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regardless of pledge amount gets Early

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Access to every video plus access to our

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patrons only Discord we've got

play18:25

everything from a recommended reading

play18:27

list to a book club and I try to do a

play18:29

live Q&A every month or so we've built a

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great community and we'd love for you to

play18:33

be a part of it we are a small team here

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we don't have institutional backing so

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we're entirely dependent on viewer

play18:39

support if you'd like to help keep this

play18:40

operation afloat visit

play18:42

patreon.com/crashcourse

play18:56

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Related Tags
capitalism critiquesocialismwealth inequalityeconomic systemsclass divideOxfam reporthuman developmentfuture economyworker rightsdemocracy