Editor’s Note: At 4:25, the video mentions Standard Oil and American Tobacco as examples for commodity monopolies that kept prices high. In reality, Standard Oil maintained its monopoly by artificially keeping price low to stifle out competition.
Standard Oil did not maintain its monopoly by artificially keeping prices low to stifle out competition. It had lower prices due to vertical integration. mises.org/library/truth-about-robber-barons
You should've added this at the very beginning, because otherwise people like me or MlgLegacy806 will come to the comment section to call you out long before/if we reach the end of the video.
LOL I actually wrote the comment, "You need to give Peter Thiel a citation" then deleted it after seeing this comment chain. Love your vids regardless.
whoknowsyoubetter And then people will come to your comments to call you out on making premature claims and not even hearing the whole thing out before making your judgment.
Well, I did quite learn something from this and I’ve been getting questions like “how can I grow the money I have to make more”? not many people know who a fiduciary is and his services which should be the first knowledge for financial freedom. Quote me wrong...... it’s a dare
Big Cap 🧢 It is having financial knowledge first then a financial analyst/advisor comes in next to guide you through and manage your assets for a commission.
@@wallstreetdreams6284 Both saying same thing, a fiduciary is as important as having the financial knowledge because he guides you through secured investment plans and channels while managing your portfolio for a commission. Helps a lot both for newbies and experienced investors
@@americandreamer828 I don’t know a lot of them just Nicolas Benford, been working with him for quite some time..... my mentor in the financial market.
Yep! There's no way we wouldn't pay homage to Grey; his style (and Rules for Rulers, specifically) was a huge inspiration for us and a guiding force for what we were aiming for in terms of quality.
Fantastic job with this video, this was an improvement of an order of magnitude over (your already good) "company histories". I would love to see you produce some of these more "company tutorial" kind of videos in the future, overall fantastic work. Also, the "rules for rulers" teaching voice fit the style perfectly, 10/10 would monopolise again.
@@randomyoutubeuser2154 he revolutionized and influenced the technology that we used to this very day, the most successful electric car company in history is named in his honor, and we are all sitting here still talking about him almost a hundred years after his passing.. If that's a "nobody" then I would hate to die as a somebody.
Successful monopolies either come up with something entirely new or make an existing product accessible to the masses to the extent that it seems like something new. The company that monopolizes the flying car may not build the first one. They will build the first affordable mass produced flying vehicle.
Politics is a business to Politicians. Never forget that. Monopolies exist mainly because of Government especially in the US. It's not what they know it's who they know.
1:09 My goal is to build an actual flying car one day: no wings, propellers, or external tracks. I felt like you were talking to me, so thank you. Btw if you ever hear about float circuit technology enabling flying cars one day, that's me. -\Float (pseudonym).
that’s why fashion monopolies are so hard to build, the fashion industry innovates slowly, so the only thing that fashion businesses can do is change their aesthetic and styles, but in doing so you lose what everyone loved about your clothing originally.
Side fumibling had already been negated for the turbo encabulator, I think you are barking up the wrong tree there. Also you are use the TE for time travel? it isn't going to get you far seeing as it only generates power and does not actually have any compentents that might distort time and space, yes, even the Rockwell automation parts.
The best part about this video is the end. It's the guy who wrote the book on monopolies and the importance of distribution that tries to make you try is product for free through audible. The guy is one step ahead. You think you are independent thinker but the guy is selling you his book, this video is the sells pitch
Claim your free copy of Peter Thiel’s “Zero to One” from Audible, in addition to a free 30-day trial! 👉 amzn.to/2PV77el (note: as an Amazon Associate, we earn from qualifying purchases).
That's it, I'm sold. Two videos in and I'm a subscriber. I especially loved the shoutout to Mitch Hedberg with the "3 easy and 2 hard payments" part (if indeed that's what that was. In any case, it was funny). Though, I wonder how many monopolies were paid out in wampum...
hard to use amd vs intel as a good example of competition when intel has had a monopoly on chips for the past several years and hasn't needed to innovate until ryzen launched.
To be fair, IBM still owns the mainframe market. These mainframes are still important in certain computing tasks that supercomputers are not as optimized for. Mainframes are actually very widely deployed in the commercial retail and airline industries as examples.
Inventing flying cars is literally vertical progress haha
How
@@ilebillybobjoe it flies vertically
Swagheel
Fool you fallen right into my trap
@@ilebillybobjoe thunder cross split attack!!
Greatest sike ever
still less confusing than the Monopoly videogame
pour cold water to burned area
lol
Editor’s Note: At 4:25, the video mentions Standard Oil and American Tobacco as examples for commodity monopolies that kept prices high. In reality, Standard Oil maintained its monopoly by artificially keeping price low to stifle out competition.
Business Casual OwO
Business Casual you forgot STEAM
Standard Oil did not maintain its monopoly by artificially keeping prices low to stifle out competition. It had lower prices due to vertical integration. mises.org/library/truth-about-robber-barons
Rockefeller
Dumping as it finnest.
This is basically Zero to One by Peter Thiel in a animated video.
Yep! You'll notice at the end that we do mention that's the primary source of the video.
You should've added this at the very beginning, because otherwise people like me or MlgLegacy806 will come to the comment section to call you out long before/if we reach the end of the video.
Fair point! In hindsight, that would've been the smarter way to do things.
LOL I actually wrote the comment, "You need to give Peter Thiel a citation" then deleted it after seeing this comment chain. Love your vids regardless.
whoknowsyoubetter And then people will come to your comments to call you out on making premature claims and not even hearing the whole thing out before making your judgment.
1:58 The gate number on this made up boarding pass is 69D and the time is 420...... business casual is a low key savage
Thomas Riley 420?
J. Kaimori you are too young
Theres also Holla Holla Get Dolla in the american eagle symbol thingy in the video.
Flight #1337 as well
Passenger name: a Cat "girl" from an anime
Well, I did quite learn something from this and I’ve been getting questions like “how can I grow the money I have to make more”? not many people know who a fiduciary is and his services which should be the first knowledge for financial freedom.
Quote me wrong...... it’s a dare
Big Cap 🧢
It is having financial knowledge first then a financial analyst/advisor comes in next to guide you through and manage your assets for a commission.
@@wallstreetdreams6284 Both saying same thing, a fiduciary is as important as having the financial knowledge because he guides you through secured investment plans and channels while managing your portfolio for a commission. Helps a lot both for newbies and experienced investors
How can I go about getting a fiduciary, I intend to view various investment options to spread across growing assets?
@@americandreamer828 I don’t know a lot of them just Nicolas Benford, been working with him for quite some time..... my mentor in the financial market.
Nicolasbenford@gmailcom
Beautifully crafted, unique, well scripted, vivid graphics and a joy to watch! Loved it!! thanks team!
"eye of Sauron"
"Evil monopoly corp"
"OwO"
Everything seems about right
SparkStop and cgp gray cup
And "Holla holla get dolla"
4:29-4:30 you can also see an OWO formed by the stars and at 6:33 at the denominator of the fraction
OwO what's this?
OwO
It's been 4 years since I am watching this video, I never get bored but I always get motivated to build something big.
“If I had asked what the customers had wanted, they wouldve told me a faster horse.”
Is that a cpg grey cup!??? At 9:05!?
Yep! There's no way we wouldn't pay homage to Grey; his style (and Rules for Rulers, specifically) was a huge inspiration for us and a guiding force for what we were aiming for in terms of quality.
Thank you for not also adopting CGP's bad habit of talking so fast one can't keep up ;)
Oh...I mean, you have his mug next to a sketchy-looking business developer, it has an implication that goes with his logo, does it not?
CGagnon5 no we're such loyal fans that watching his vids are normal to us in his speed while for the noobs is like hearing a guy talking at mach 1
CGagnon5 Trollers gonna troll yo
Fantastic job with this video, this was an improvement of an order of magnitude over (your already good) "company histories". I would love to see you produce some of these more "company tutorial" kind of videos in the future, overall fantastic work. Also, the "rules for rulers" teaching voice fit the style perfectly, 10/10 would monopolise again.
East India Trading Company next
Or Dutch east indies :)
Lol
Lol i got it😂
Or both.
ok yeah monopolies are hard, but where do I get me a turbo encabulator?
4:48 Creative Monopoly
7:50 Mark Zuckerberg developed Facebook for Harvard students not for all mankind
9:50 Zero to One book
1:58 business causal confirmed weeb
you can also see felix behind the ticket as it's falling down. he's been a few of his videos.
well, Felix is the best girl
also confirmed stoner
"Without the prospect of great wealth, nobody would innovate"
Counter example: Nikola Tesla
And he died a nobody given his brilliance
The point is personal gain. Tesla's personal gain would probably have been his own satisfaction of helping humanity.
@@randomyoutubeuser2154 Yet, here you are, watching a video about that nobody.
@@mishalzee4659 That's the point in your mind.
@@randomyoutubeuser2154 he revolutionized and influenced the technology that we used to this very day, the most successful electric car company in history is named in his honor, and we are all sitting here still talking about him almost a hundred years after his passing.. If that's a "nobody" then I would hate to die as a somebody.
Audible, so kind for sponsoring this video
And building a monopoly themselves
"People who sell themselves are politicians"
Almost choked, you're getting a sub for that one.
9:25 "Holla Holla Get Dolla" instead of "E Pluribus Unum" had me rolling, dude.
Keep 'em coming. Makes ya laugh, makes ya think.
Successful monopolies either come up with something entirely new or make an existing product accessible to the masses to the extent that it seems like something new.
The company that monopolizes the flying car may not build the first one. They will build the first affordable mass produced flying vehicle.
Very true
Or obtain a government license that raises the barrier for other potential firms and individuals to compete. Like patents
3:10, I love the subtle references/eastereggs you put in there... brings back memories of my childhood.
I want a Turbo Encabulator so badly.
why we can only like this only once, i want to like it every time i watch this
Pretty happy he gave Thiel credit here. I was watching the entire video thinking, "This is Zero to One."
"And people who sell themselves are politicians." Not only is this obvious, when he said it I almost died laughing.
Politics is a business to Politicians. Never forget that. Monopolies exist mainly because of Government especially in the US. It's not what they know it's who they know.
9:14 Hmm, I wonder what that logo on that cup is all about...?
its CGP Gray Channel Logo , talked about the same thing in amazing way
Some RUclips dude who's selling his deluded techno fantasies...
I love how the tower at 4:09 is the AT&T tower in Nashville
4:09 AT&T took over the batman building in Nashville.
1:09 My goal is to build an actual flying car one day: no wings, propellers, or external tracks. I felt like you were talking to me, so thank you.
Btw if you ever hear about float circuit technology enabling flying cars one day, that's me.
-\Float (pseudonym).
The desire to monopolise drives innovation, the fear of competition drives improvement to innovations.
nictheperson History disagrees...look at the concept of planned obsolescence.
nictheperson Phoebus Cartel???
competition provides individual cartel members incentive to break the cartel; they rarely last
+Jarred Emanuel
And simply logic would disagree: History is written by THE victor not by the competitiors
1:02, is the moment, you check when was this video uploaded
Nice CGP Grey reference at 9:04. Maybe next time I can convince you to make a Wired Tombstone reference?
that’s why fashion monopolies are so hard to build, the fashion industry innovates slowly, so the only thing that fashion businesses can do is change their aesthetic and styles, but in doing so you lose what everyone loved about your clothing originally.
I'm physics major and never really had interest in business.. but this video was really informative. The more you know.
Peter Thiel is proud watching this
"People who sell themselves"
I thought that was prostitutes, not politicians.
But hey, what's the difference?
There's no e in politicians
that one Joe biden quote
Just letting you know that the quality of this video was amazing. Clearly a ton of effort was put into this. Well done!
Zero to one is an amazing book , even if you don't wan't to build a billion dollar company.
Forgot the most important rule:
Pay politician to pass laws to kill competition.
Your videos are awesome.
Which software do u use to make such videos?
One of the most underrated channels imo
I came for the game. I was so confused at the intro!🤣
Love the Dane Cook reference @ 9:27 !.. too funny -(the little fake pop-up banner ad, 3 easy 2 hard payments X ] clever call back)
longest standing monopoly: ACME Corporation
A great distillation of Zero to One concepts, here's a like.
Felix Argyle is the passenger, here's a sub.
Side fumibling had already been negated for the turbo encabulator, I think you are barking up the wrong tree there. Also you are use the TE for time travel? it isn't going to get you far seeing as it only generates power and does not actually have any compentents that might distort time and space, yes, even the Rockwell automation parts.
1:06 "Something's wrong I cab feel it..."
Except Nintendo.
Nintendo has been alive sense the 17th century.
You're kidding right?
CU Pranav they started out making card games I believe, then got into the video game market when the tech arrived
Video: Build a monopoly
US govt: hehe haha let's divide the stuff a lil bit
Me: thinks he means the game monoply
Him: I don’t mean the game of monopoly
Thx, I'll use this next time.
M-icrosoft
A-mazon
G-oogle
A-pple
Aw, poor Sauron. Don't make him cry.
I find it kind of odd hear the audible add at the end.
30 day free trial though! what a deal
+Eric Koester did they sponsor you
Eric Koester hey honey, guess what this lucky guy just got a steal of a deal on!
The best part about this video is the end. It's the guy who wrote the book on monopolies and the importance of distribution that tries to make you try is product for free through audible. The guy is one step ahead. You think you are independent thinker but the guy is selling you his book, this video is the sells pitch
Great video, excellent animation, can I ask which software you use? Adobe CC?
Yep, Adobe CC and Blender for some 3d effects.
Adobe has their own Cookie Clicker??? :P
Those little jokes are great. The Comcast Swastika, the AE FML or the CGP Grey homage, keep it up.
Lol, the Turbo Encabulator.
Lol this the book Zero to One by Peter Thiel summarized in a single video, nice job.
1:04 you switched the Intel and AMD logos. It kinda looks better that way.
your channel is so underrated hopefully one day it will blow up...soon!
OwO What's this?
4:10 - 4:31 - 6:26 - 7:54 - 8:14 - 8:16
Maybe at first, but nowadays it's known for more sexual purposes. Especially those involving furries.
It's from a cancerous furry copypasta. I could post it here, if wanted.
Old world Order.
this is so high quality
I loved the /r/HailCorporate part
Claim your free copy of Peter Thiel’s “Zero to One” from Audible, in addition to a free 30-day trial!
👉 amzn.to/2PV77el (note: as an Amazon Associate, we earn from qualifying purchases).
As I thought! All the information seems familiar as I have read the book "Zero to One"...
@@vanshraj499 lol same
Congratulations
Turbo Encabulator. The meme on this video before memes were a thing. I'm impressed.
hey, great Informative content simply explained and kept short.
channel will blow up believe me
this is basically zero to one by peter thiel
9:08 OMG HE HAS A CGP GREY MUG
Instructions unclear
*Accidentally became a trillionaire*
"OwO what's this"
"Gate: 69D"
"Departure: 4:20"
nothing out of the ordinary here >u>
Felix Argyle
That roast on Comcast is much appreciated
My brother was a tailor...
He sewed my new blue jeans...
5 years later
ChatGBT destroys google
HAPPY 420 @ 1:58
business casual lowkey a stoner
paperman I was looking if someone commented this already
loved how he slipped that ad in the end.
Just buy the game: “monopoly”
that sneaky re:zero reference tho
Ask the God of monopoly yes u heard right!
Tim cook
"Holla Holla - Get Dolla" omfg
@6:33
OwO what's this?
it's the AT&T building in Nashville, Tennessee or more locally known as the "batman building"
It is the tallest building in the state.
Dmusk Music spotted another one @4:09 I think Business Insider has something to tell^^
It's a face
Old World Order.... I think
Whoever is making the illustrations is a furry.
That's it, I'm sold. Two videos in and I'm a subscriber. I especially loved the shoutout to Mitch Hedberg with the "3 easy and 2 hard payments" part (if indeed that's what that was. In any case, it was funny). Though, I wonder how many monopolies were paid out in wampum...
Successful Monopoly: American Cable Companies
Cable Television will be obsolete within the next decade.
you just keep gettin better and better
Competition isn't supposed to be good for innovation, it's supposed to be good for consumers.
Randall Stephens
Why not for innovation?
That was a smooth plug. Props to you.
hard to use amd vs intel as a good example of competition when intel has had a monopoly on chips for the past several years and hasn't needed to innovate until ryzen launched.
i love the ammount of easter eggs
To be fair, IBM still owns the mainframe market. These mainframes are still important in certain computing tasks that supercomputers are not as optimized for. Mainframes are actually very widely deployed in the commercial retail and airline industries as examples.
Ya, IBM are still operating, just not as big as they were. No more monopoly in a large scale.
Your closing paragraph was so good, it made me realize this whole video was pre-written...
Good nonetheless.
5:36 you(white box) and the other guy that your girlfriend told you to not worry about(biggest blackest box)
You don't have to reinvent the wheel. You just have to do it better.
9:06 @CGPGrey So you started consultancy ?
Why not? On his trip to the US he said he was up to something new
Nokia was the only monoploy that we all loved.
Building monopolies isn't an art, it's a business.
Business z boring!...Art z fun,Science z even more fun...!!...
@@constipatedbowels3473 Fuck science
“Holla Holla, Get Dolla”
Why did the cup have a CGP Grey logo on it?
I'm pondering this question myself too
Mechanova King he sells people
Monsanto has a lot of influence over agriculture basically holding a monopoly in the genetically modified foods section.
did we find behind the meme 2.0
Somebody call a doctor, Comcast is suffering from that burn!