David Harvey Talks about the Crimes of Capitalism

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  • Опубликовано: 7 сен 2024

Комментарии • 435

  • @TomRivieremusic
    @TomRivieremusic 4 года назад +219

    “There is a cult of ignorance in the United States, and there always has been. The strain of anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that 'my ignorance is just as good as your knowledge.'”

    • @dcbernman
      @dcbernman 4 года назад +4

      Issac Asimov?

    • @ArchitectOfSound01
      @ArchitectOfSound01 4 года назад +4

      Exactly! One problem with US culture is some think there's 87 genders, and you can just make it up depending on what your feelings are, and is you dare to disagree with these people, you must be unpersoned forever.

    • @antediluvianatheist5262
      @antediluvianatheist5262 4 года назад +29

      @@ArchitectOfSound01 That would be the ignorance they were talking about.
      Thank you for the demonstration.
      Ever wonder that what they told you when you were 6, might not be a complete picture?

    • @ArchitectOfSound01
      @ArchitectOfSound01 4 года назад +8

      @@antediluvianatheist5262 Sorry, I wasn't introduced to transgenderism or other types of sodomy when I was 6. My childhood was untainted by your social justice crap.

    • @Tapin4pardude
      @Tapin4pardude 4 года назад +6

      @Tom Riviere you've accurately described the GOP and Trump. When lies become truths and truth becomes lies that the uninformed follow are the reason for the rampant corruption that is ignored because a large segement of our population has been brainwashed. Brainwashing is easy when your reality isn't actually founded in facts.

  • @AcmePotatoPackingPocatello
    @AcmePotatoPackingPocatello 4 года назад +25

    As a kid entering the workforce 1971. The physically demanding jobs ALL were UNION. Manufacturing large companies, manufacturing small companies, had negotiated wages, benefits.
    In my blue collar rural neighborhood Doctors, Lawyers, Dentists etcetera, lived next to each other. Houses, property, yards, were prideful in appearance.
    Now, sadly USA 'exceptionalism' has reflected the wage deflation as unionism was crushed during REAGANISM.
    I was duped. We all were.
    My generation has failed miserably, we have a collective memory block on the way it was.
    Now we brownose for the Billionaires Propaganda.

    • @Tessali666
      @Tessali666 4 года назад

      This surge in wages had its cost.

    • @Tessali666
      @Tessali666 4 года назад

      This steady surge in wages jad its costs.

  • @punkleruckus
    @punkleruckus 4 года назад +63

    Control the revolutionary idealism of the youth with student debt. Brilliant.

    • @psuedopbsbinderdondat1514
      @psuedopbsbinderdondat1514 4 года назад +6

      Search Noam Chomsky and student debt

    • @CyberspacedLoner
      @CyberspacedLoner 4 года назад +8

      student debt is a economic and ideological weapon just like the so called gig economy Apps

    • @uttaradit2
      @uttaradit2 3 года назад +1

      debt that must be repaid and can never be let go......

    • @joea363
      @joea363 3 года назад

      Creates a neo-feudal society.

  • @itzenormous
    @itzenormous 4 года назад +32

    Prof Harvey!! Thumbs Up!!

  • @MultiSmartass1
    @MultiSmartass1 4 года назад +29

    "What competition?" Absolutely right. At best it's one corporate empire vs another empire funded partly at least by public finance.

  • @mabus8678
    @mabus8678 4 года назад +25

    Jeremy fabricated Bernie's position on Iraq: Bernie voted against the IWR in 2002 and has repeatedly distinguished his position from Biden, including his position that we should withdraw from Iraq. He went further in the last debate and said his vote for invading Afghanistan was a mistake. So characterizing Bernie as an interventionist is doctrinaire revisionism. The Intercept does incredibly valuable reporting, but their characterizations about Bernie are sometimes mendacious.

    • @GladysAlicea
      @GladysAlicea 4 года назад +3

      Characterizations...sadly bought and paid for by the left and right. Speaking of noms, no one one dare mentions that Joe's state, Delaware, is a tax haven for rich people...uh, excuse me, rich people corporations? It's where companies go to abuse all reasonable laws and avoid appropriate taxes. The Delaware loophole states that Delaware doesn't tax intangible assets. This tax law is so effective it's estimated that every year the government loses $9.5 billion due to the Delaware loophole. That's a lotta dough, Joe! No excuses, @JoeBiden, you've had decades to fix this problem. You're not the solution and are not entitled to anything, much less the presidency. Politics. What a racket!

    • @muslimmetalman
      @muslimmetalman 4 года назад

      he supported the 1998 insurgency attempt.

    • @coltonhammond6167
      @coltonhammond6167 4 года назад +1

      saying it was a mistake does not justify it

    • @Amshatelia88
      @Amshatelia88 3 года назад

      I'm finally getting around to listening to this inn 2021, after Glenn Greenwald was run out of The Intercept. We know for sure now that The Intercept is compromised by capital.

    • @TheGodFr0mTheMachine
      @TheGodFr0mTheMachine 3 года назад

      @@Amshatelia88 generous interpretation of Glenns publicity stunt because he was tired of having an editor. Now hes free to post whatever dumbass reactionary take he wants while being buddy buddy with Tucker Carlson and sending his sycophants to harass female journalists.

  • @banksofbarcelona3893
    @banksofbarcelona3893 4 года назад +18

    78% of workers living pay check to pay check is a time bomb. Two or three months without pay and they'd hit the street and spark a long needed revolution. Hopefully an incentive will happen soon

    • @grb1969
      @grb1969 4 года назад +1

      Or they’ll be looking for those lucrative jobs an civil enforcement agents who will be paid for their contributions in identifying threats to the dominant fundamentalist ideologies. The CCCP’s crypto Social Credit (currency) is an example of distributed social management under centralized control.
      Whether it’s an American style of self-alienation or Asian style of mutual alienation, your alienation and atomization of social contribution will enable closed loop social and economic accountability for the peasantry and rentier profiteering (debt-peonage bonds) for the leisure class. Capitalism’s fundamentalist drift co-evolves with the technological evolution of monetized social management whose intent is to bring back a form of neo-slavery maximizes labor utilization while externalizing social losses.
      And, as David Harvey points out, a social movement of the masses is unable to alter this totalitarian control system through protest or solidarity with the global underclasses, which indicates the need for a decentralized non-violent systemic revolution. I have not yet seen such a system and suggest that Gar Alperovitz has the kernel of an idea with Mutual Pluralism but lacks the monetized elements of social feedback that are currently intermediated by the politics of oligarchic dominance.

    • @brandonjohnston1795
      @brandonjohnston1795 4 года назад

      Most of those people living paycheck to paycheck have an annual salary of over $100k a year in America btw

    • @crosstraffic187
      @crosstraffic187 4 года назад +5

      @Brandon Johnston. I've just read that 44% of the American people are earning 18000 $ or less.

    • @42Mrgreenman
      @42Mrgreenman 4 года назад +3

      @@brandonjohnston1795 The average worker makes $30K a year, do you know what paycheck to paycheck means? It means you have just enough money to cover basic living expenses and you're breaking even or worse every week. If you live in New York City or LA, 100k a year is not that much....

    • @user-mx9ue9ly6c
      @user-mx9ue9ly6c 4 года назад +1

      @@crosstraffic187 www.aei.org/carpe-diem/yes-the-us-middle-class-is-shrinking-but-its-because-americans-are-moving-up-and-no-americans-are-not-struggling-to-afford-a-home/

  • @superpacemaker444
    @superpacemaker444 4 года назад +9

    "those who can make you believe absurdities can make you commit atrocities."- Voltaire

  • @joeows6537
    @joeows6537 4 года назад +45

    This is why, I Occupied! #OccupyWallStreet #MniWiconi

    • @tigerstyle4505
      @tigerstyle4505 4 года назад +4

      The problem is that for a lot of first timers who just got involved around the occupy movement didn't keep that pressure applied. Too many just walked away disillusioned instead of staying active and finding new ways to revolt and effect change after it was brutally suppressed. That's what we have to do better with. Glad ya took part though! Solidarity! ✊👊✌♥A///E

    • @joeows6537
      @joeows6537 4 года назад +3

      @@tigerstyle4505 Perhaps... then again the #MarchAgainstMonsanto got revved-up, now it is in nearly every country and on every continent Opening eyes worldwide. From there, I helped put on several Occupy National Gatherings... I also supported the Native Americans.. and the Algonquin Nation with the #DeColonizeWallStreet and ended up at Standing Rock NoDapl movement half a decade later! Many of us are still around, we just have different names. When I see Bernie and what he has done, (15 dollar minimum wage, Medicare for all and such), I know that the Occupy movement is finally being understood. I think we came a long way in such a short period. Both Obama and Trump should be held responsible for Crimes Against Humanity for what they did and did not do, during both Occupy and Standing Rock. The Patriot act was recently passed again... makes me sick... I traveled a lot in the WikiV… (WikiLeaks R.V.) for a few years after... it is now parked in Pueblo Colorado...

    • @robertshuping5449
      @robertshuping5449 4 года назад

      Bernie's inbred, shekel-grubbing tribe runs Wall Street.

    • @cerin59
      @cerin59 4 года назад

      @@tigerstyle4505 I disagree. Look what we're up against! *I* as well as most of the Occupy Houston folks I came to know may have gone off the radar in some ways (some have not at all), but nearly ALL those folks have taken the impetus and inertia of the movement INTO their local lives and practices; spreading Power to the People ideals quite effectively...I'd argue
      Also, I'd point out that what you accuse is basically the same as criticizing someone else's form of protest or expression when, WHY, what are YOU doing? // there is no point to poopoo others' efforts unless in the same statement you are proposing a better way. these things take time. I guess you're one of the people who also think the 60s 'failed' when the reality is much of that spirit and development fuels undercurrents of freedom tides today. COME ON NOW. chin up

  • @bobramsay4355
    @bobramsay4355 4 года назад +30

    My time is worth more, than your money !

    • @quinndawsonosgood5261
      @quinndawsonosgood5261 4 года назад +11

      Ironically in modern economics, your time is their money.

    • @flash_flood_area
      @flash_flood_area 4 года назад +7

      @@quinndawsonosgood5261 So true, so true.

    • @flash_flood_area
      @flash_flood_area 4 года назад +1

      It's insane that we've allowed our society to devalue our time like this. We appear to agree to it.

    • @konstantinov
      @konstantinov 4 года назад +1

      This is why you shouldn't believe the top line Employment statistics. There are plenty of ways to make $12 / hour that don't involve shuffling off to the Amazon warehouse every morning

    • @needlessoptions
      @needlessoptions 3 года назад

      @@konstantinov Like what 👀

  • @GladysAlicea
    @GladysAlicea 4 года назад +14

    "The dollar should be worth whatever it will buy," yet we've 40M homeless, plus those below or at the poverty level; middle class has slimmed with labor union decimation and those left are hanging on by their fingernails, many helping further enrich greedy high-tech nerds. "Debt peonage" is the order of the day," but not for the military, on which we spend more than all nations combined, and we've become an extremely greedy country that was founded on two wars, and that thinking's grown greater with sophisticated WMDs, proxy wars and manufactured terrorism.
    Scholars like Noam Chomsky tell us the truth. Journalist Bill Moyers did a tv piece in 80's about how US govt spends its money; probably the last time a reporter told it like it really is. Mike Wallace interviewed Aldous Huxley, who predicted what's happening now, and Wallace was skeptical, at best; today, MSM is also a monopoly and complicit in hiding, glorifying and spinning the truth. It's no wonder we don't know whether we're coming or going, and it's heartbreaking. Having a close-knit friends group and using the Internet in a specific way, (archive.org), can lead us to true and meaningful knowledge. Knowledge will always be power. God bless.
    ruclips.net/video/VX5zoNvL0fY/видео.html
    ruclips.net/video/alasBxZsb40/видео.html

    • @user-mx9ue9ly6c
      @user-mx9ue9ly6c 4 года назад

      www.aei.org/carpe-diem/yes-the-us-middle-class-is-shrinking-but-its-because-americans-are-moving-up-and-no-americans-are-not-struggling-to-afford-a-home/

    • @user-mx9ue9ly6c
      @user-mx9ue9ly6c 4 года назад

      Poverty has also decreased and labor unions are largely obsolete in today's economy. America has problems but capitalism isn't one of them. I live a better, more educated, healthier, easier life than my parents did. Stop spinning things to suit your narrative.

    • @DiscipleOfHeavyMeta1
      @DiscipleOfHeavyMeta1 4 года назад

      The middle class is a class contradiction that was doomed from its very inception. Everything depends on the working class now.

    • @user-mx9ue9ly6c
      @user-mx9ue9ly6c 4 года назад

      @@DiscipleOfHeavyMeta1 Not really. The working class has dramatically shrunk in America as we transitioned from an industrial economy to a service economy.
      The majority of people in my town aren't part of the working class but the middle.
      America is a nation of entrepreneur s not of proletariat. Frick off you commie.

    • @DiscipleOfHeavyMeta1
      @DiscipleOfHeavyMeta1 4 года назад +1

      @@user-mx9ue9ly6c You're right. Which is why everything mostly depends on the Global South/Third World, and not in imperialist centers like Gringoland.
      They will take back what belongs to them and there is nothing you can do to stop them. It's the end of your world. Deal with it.

  • @stephenlove2378
    @stephenlove2378 4 года назад +8

    Americans and American entities own more US debt than any other country. Foreign holders account for about 29%.

  • @PheneticsCo
    @PheneticsCo 4 года назад +10

    that's the point! slaves aren't needed to think

  • @m4line
    @m4line 4 года назад +3

    Anyone else here pro-capitalist but hates most billionaires?

    • @CyberspacedLoner
      @CyberspacedLoner 4 года назад

      oxymoron

    • @m4line
      @m4line 4 года назад +1

      CyberspacedLoner Nah I believe in a society where anyone can succeed if they put their mind to it and small businesses can thrive

    • @jeffcard1A
      @jeffcard1A 4 года назад

      @@m4line nice idea. hopefully one day america will actually live up to it.

    • @hazadus3
      @hazadus3 4 года назад

      Central banks pumping trillions into the stockmarkets turns millionaires into billionaires. Not capitalism.

  • @yumeriagirl1231
    @yumeriagirl1231 4 года назад +9

    Unfettered Capitalism or Equality??
    You choose!

    • @ApexRevolution
      @ApexRevolution 4 года назад +3

      I choose libertarian socialism.

    • @honour123
      @honour123 4 года назад +4

      Equality of outcome or of individual justice. Does a janitor deserve the same pay as a medical doctor? That is the problem with COMMUNISM! The bodies are deep and high Christy!!! You know nothing of history do you? Time for you to move to North Korea!

    • @zanitzeuken
      @zanitzeuken 4 года назад +2

      unfettered capitalism is closer equality than anything else we've come up with as a race. you're asking for equity or "equality of outcomes". that's not equality.

    • @brianmoran1196
      @brianmoran1196 4 года назад

      A bit like Singapore or Venezuela. ( And Singapore had far less resources than Venezuela)

    • @jeffcard1A
      @jeffcard1A 4 года назад +1

      @@honour123 such a stale and unimaginative strawman. get some new material.

  • @dogeyes7261
    @dogeyes7261 4 года назад +13

    C'mon, Harvey, ya dropped the ball
    When you were asked what would an American socialism look like, instead of saying some nonsense about anarchism (which we've known hasn't worked since the first international and the Paris Commune, hence the disagreements between us and anarchists), you could have said we've had the productive capacity to meet all our needs since world War 2.
    While we Marxists aren't in the business of making crystal ball predictions, you could have said, "We already have experience with representative democracy in the US, so extending that from politics to industry is an easy enough concept for people to understand, that's socialism."
    And I don't know what makes him shy away from the issue of armed revolution. The pre-9/11 Counter Insurgency manual for the US admits Marxist guerrillas are so good at winning popular support, it takes mass bombing and propaganda campaigns to even begin to have a chance against us, and those typically backfire. Even modern counter insurgency has been a 20 year long failure in Afghanistan and the surrounding region, not even Predator drones or occupations have worked.
    The fact that guns are distributed so heavily in the American working class is something Marx would consider a plus, specifically because, like Harvey says, our movements always get crushed.
    That's exactly why Marx concluded armed revolution is necessary. Power isn't relinquished without a fight. I mean, it even took the viable threat of revolution to make social democratic concessions possible, and it's the distinct lack of a revolutionary, militant left that let neoliberalism reign supreme

    • @o8o8das
      @o8o8das 4 года назад +2

      GL1TT3R _666 - yea he kind of lost it for me when he didn’t challenge the interviewer on firearms. The interviewer who turned suddenly very aggressive and condescending about the subject too, doesn’t seem to know much about firearms and doesn’t seem to blame the spike in mass murdering to anything other than ‘there’s just violent people out there’, very conservative mindset to blame individuals and not be able to perhaps correlate this phenomena with what Harvey himself pointed out in the beginning with a rise of alienation comes irrational outbursts of all sorts - desperately voting in a Trump, shooting up some people out of desperation, no correlation I’m sure it’s just evil doers... cmon this was just after they talked about Neoliberalism socializing risk and privatizing rewards they can’t make a link to the violence that’s happening on the streets? I tell you one thing the 1% isn’t getting rid of their armed bodyguards anytime soon
      I personally think the left needs to learn to shoot and arm themselves, I don’t know how gun ownership has been hijacked away from the left and found primary ownership by conservatives and the state, the two most dangerous entities to have such a monopoly...

    • @arieraaphorst1998
      @arieraaphorst1998 4 года назад

      GL1TT3R _666 I think you demonstrated how dangerous marxist/communist ideology is.

    • @o8o8das
      @o8o8das 4 года назад +1

      Arie Raaphorst - yes because capitalist ideology is so innocuous. One only needs to look up the history of the United fruit company or any other large third phase company to find coercion, oppression, and violence somewhere in its operation...

    • @ApexRevolution
      @ApexRevolution 4 года назад

      What problem do you have with anarchists? Do you have problems with libertarian socialists?

    • @zanitzeuken
      @zanitzeuken 4 года назад

      jesus did he? i was right to stop around 12 min in.

  • @Troy_KC-2-PH
    @Troy_KC-2-PH 4 года назад +6

    How does China and Russia own our debt? How does a country that makes its own dollars have NEED to borrow from other countries?

    • @markbrownner6565
      @markbrownner6565 4 года назад +1

      it seems that someone got the bright idea to let them buy our treasury bonds.....

    • @drszot
      @drszot 4 года назад +1

      You have just expressed the first principle of Modern Monetary Theory. Listen to some podcasts on the subject and you will know more about this updated version of monetary theories than either Biden or Pelosi or Schumer are capable of understanding. At least that is what they claim. They just want the old corruptions to continue.

  • @peterfranzen7353
    @peterfranzen7353 4 года назад +4

    Great information

  • @CyberspacedLoner
    @CyberspacedLoner 4 года назад +2

    the economy is dominated by oligopolies, a few large sellers, not a single monopoly.

  • @nikkkis90
    @nikkkis90 4 года назад +2

    The Dow may be up but the average person is not benefitting from it. Our pension hasn't gone up, our 401K is only maintaining. Who believes Trump when he says these things???

  • @CB-pb7wv
    @CB-pb7wv 4 года назад +6

    Yay David Harvey 🙌🏾. How about some David Graeber too? Ain't nothing like a woke anthropologist.

    • @jeffcard1A
      @jeffcard1A 4 года назад +2

      @left-wingers-are-terrorists "divisiveness and general ignorance" - the modus operandi of the republican party and conservatism for the last several decades.

  • @AprilMartinChartrandMS
    @AprilMartinChartrandMS 3 года назад +1

    Thank you for posting this intelligent discussion that has facts that we can do our own due diligence around. Great praxis.

  • @LordKorgyab
    @LordKorgyab 3 года назад

    Excellent conversation.

  • @davidcanatella4279
    @davidcanatella4279 4 года назад +6

    The national debt is the interest on every penny that is borrowed by the U.S. government from the private central Federal Reserve bank which is every penny.

    • @aminuabdulmanaf4434
      @aminuabdulmanaf4434 4 года назад

      Why then are you leftist asking for more government spending?

    • @davidcanatella4279
      @davidcanatella4279 4 года назад +2

      @@aminuabdulmanaf4434 Government spending is fine just not government( borrowing) from a private bank instead of printing its own money interest free. Also ever increasing spending on the military is still spending and the right never objects to those increases or increases of government welfare for corporations and banks .Right leaders never have a problem with that.

  • @Apodeipnon
    @Apodeipnon 3 года назад +2

    Weird hearing him endorse anarchist methods simply because he's pessimistic about mass movements. Doesn't make anarchism more desirable.

  • @jenniferspurlock4953
    @jenniferspurlock4953 4 года назад +2

    China, Japan and etc. are holders of bonds. We are a currency creater. Debt doesn't matter as long as there is room through resources to spend. Debt fearmongering is merely a tool used against funding social programs.

    • @hazadus3
      @hazadus3 4 года назад

      Yeah whats a few trillion here and there.

  • @bicyclemanNL
    @bicyclemanNL 4 года назад +1

    Society tells us what we are, solitude tells us what we should be

    • @bicyclemanNL
      @bicyclemanNL 4 года назад +1

      it should be the other way round, but there needs to be social conditioning taken into account, re-engineering people to prevent fighting back, accept responsibiity and too alte we realise it's just snakes and ladders - the board is laughing and the dice can't loose beaiuse it's going to pick a winner eventually

  • @antiallhypocrite9834
    @antiallhypocrite9834 4 года назад +1

    If Harvey came to us in the east EU, people would consider him a comedian.
    There are many things wrong with today’s capitalism that need to be fixed but not with Marxism.
    Communism is not the solution.

    • @bigbillhaywood1415
      @bigbillhaywood1415 2 года назад

      They can't be fixed. They're built in. Everything going on today has been called out years ago, by strangely enough, Marxist thinkers. Weird, huh?

  • @phaedrussmith1949
    @phaedrussmith1949 3 года назад

    "The revolutionary of the future will be the person who thinks "
    -John Trudell

  • @TheDoomWizard
    @TheDoomWizard 4 года назад +5

    I also did a monologue on late stage capitalism on my channel.

  • @tigerstyle4505
    @tigerstyle4505 4 года назад +2

    Thank you, David, for your kind words and honesty about our tradition. I see why so many of my ML/M homies like ya. I'd love to hear another long ass conversation between David Graeber and David Harvey 👍
    ✊👊✌ ♥A///E

  • @V21IC
    @V21IC 4 года назад +1

    It is said that in Russia and China, the State subsidizes, owns and receives the profit of the corporations (ideally). Many have cried out against that system.
    Many have preferred that the State or Government to take a back seat. So the corporations got larger and larger(profits) and more powerful. Their wealth is not distributed.
    Now, why does the State should subsidize capital, the corporations and yet is not the owner of these corporations nor receives its profits?
    People decide what economy do you want - capitalism or communism? Or would it be themarriage "capitalunism" or "communalism"

    • @fridge6668
      @fridge6668 4 года назад

      There is a mistake in your statement. In Russia the state subsidizes and owns industries (with oil and gas bucks got from export), but never receives profit. All their state enterprises are totally , disastrously unprofitable, they are just money pits.

  • @carystough3745
    @carystough3745 4 года назад +2

    Hobo Johnson sent me here. couldn't be happier

  • @jesusblaster435
    @jesusblaster435 3 года назад

    Wow I am impressed by such wise and solid points this man brings up. I would love to know more of his work.

  • @itapyouout9506
    @itapyouout9506 4 года назад +8

    Perpetual deficit spending driven by limitless currency creation through central banking and a fractional reserve system is not capitalism.

    • @aminuabdulmanaf4434
      @aminuabdulmanaf4434 4 года назад

      You would think libtards are not too stupid to know this distinction. I feel like throwing up reading through the comments. Socialism doesn't work, history is full of examples but they never learn.

    • @ApexRevolution
      @ApexRevolution 4 года назад +4

      @@aminuabdulmanaf4434 lol calling these people libtards shows how ignorant you are. None of these people are liberals, they're not even close to liberals you stupid bastard, they're anti capitalists, how the fuck could they be liberal? You have no idea what you're talking about. Capitalism hasnt worked, just look at the state of the world.

    • @zanitzeuken
      @zanitzeuken 4 года назад

      @tiglath pileser a key feature of capitalism is competition. centralization is not. your argument is invalid.

    • @zanitzeuken
      @zanitzeuken 4 года назад

      succinct and to the point. i'm envious.

    • @zanitzeuken
      @zanitzeuken 4 года назад

      ​@tiglath pileser Capitalism definition is - an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.

  • @allypoum
    @allypoum 4 года назад

    Love David Harvey - he's brilliant. Inspired me to join a Capital reading group and tackle the big book...

  • @Robustacap
    @Robustacap 4 года назад +7

    Social democrat is the word we use in 'Finland as opposed to capitalis "democrat"

  • @AvangionQ
    @AvangionQ 4 года назад +2

    Someone needs to write up a list of every Trump scandal, just so we can look at them as a whole ... take stock of how far we've allowed ourselves to fall to.

  • @JayFortran
    @JayFortran 4 года назад +1

    Bernie Sanders voted AGAINST the Iraq War. Saying he supported "regime change" may be true, but he's not a hawk, so I think the smear against him is disingenuous. The Intercept should retract this. That being said, this was a fascinating interview.

  • @tomjohn8733
    @tomjohn8733 4 года назад

    Good discussion, thank you!!

  • @briancattani5109
    @briancattani5109 4 года назад

    So predictive now in April of 2020! Anyone could have seen it coming but few ever wanted to!

  • @Matamick
    @Matamick 4 года назад

    The role of debt peonage is keeping workers passive. labor productivity has increased by about 83 percent. Yet real wages have stagnated. You're a payday away from disaster and the state knows it. Absolute power, the philosopher Thomas Hobbes wrote, depends on fear and passivity.

  • @zanitzeuken
    @zanitzeuken 4 года назад +2

    what could possibly be criminal about private ownership of the means of production and selling the best product at the lowest price? incentivising innovation? i guess i'll have to watch and see....

    • @zanitzeuken
      @zanitzeuken 4 года назад

      2:43 David Harvey understands that people feel alienated, but blames cell phones? What about miners being kicked out of the coal mines for green energy? Raise taxes? Ban things such as speech? What about back in 2016, people showing up at Trump rallies and assaulting people, smashing police cars, and blocking highways? They're alienated all right.
      4:38 Stock market is one of the big things we look at for growth, growth means new facilities and more people needed... more jobs. Creating opportunity is about all we can do. It's on the individual to improve their lot.
      5:39 Harvey believes all this money is from central banks? But they've been artificially raising rates for years, essentially creating an illusion of wealth. I'd be interested in hearing why the trade deals aren't benefiting us, such as renegotiation NAFTA, getting lumber deals off Canada, sticking tariffs on EU for their tariffs on us, us paying more into NATO, and of course the thing with China. Does Harvey believe no actual value is being added and this is purely rate manipulation?
      6:01 'No improvement of the lives of regular people', odd considering wages the median income has increased under Trump, got rid of the mandate for having no health insurance (we had to pay penalties being in between jobs for that one), and the company I now work for just created my position, so growth, growth improved my situation, Mr. Harvey.
      6:19 the last tax cut worked for most people working. I got family in medical, nurses and what have you, they kept more of their paychecks. You know what they do with that money? Go shopping, buy stuff, saved up for Food and Wine Fest in Epcot. I guess Harvey may consider a nurse in the top 1%? Never mind the debt they accumulated and time they spent struggling with retail jobs in the interim. They're doing better and now the elections come again and Dems want to pay people who don't want to work. You know how many Dems in my family are voting Red this next round based on that alone? At least 2 that I know of.
      6:27 We want bonds to be good. US Bonds are THE most stable investment in the world. Are we really complaining about stability?!
      6:57 "Capitalism is very good at making commodities that don't work", people won't buy your stuff if it doesn't work. Consumers want the best quality at the lowest price. Options for premium quality and substandard quality exist, because people understand this principle. You're not forced to buy the trash product. This is why we see people in Section 8 Housing with nice weaves and watches. Capitalism provides choices and if you're working and making money, you can save and buy the things you want, even more now with the advent of GoFundMe and other CAPITALIST ventures.
      7:11 capitalism incentivises innovation. There will always be new products people want that need to be made. There other items that are only one use, such as toilet paper or consumables. Tools and machines do wear out, but you have options. I don't buy the cheap Chinese can openers because they literally fall apart. We got a TV from 1987 that still works great, but boobtube style monitors are like that - they don't have HDMI slots though... and flat screens are more fragile at the benefit of being lighter and easier to maintain. Sorry grandpa, things do change, you can still find good forks and knives - the existence of crappy items doesn't remove the good ones.
      7:27 capitalism is very rational - your argument is not. Best quality at lowest price is the sweet zone we aim for. We pay more for better quality, we pay less for less quality. It's understood how and why.
      7:33 then why are people flooding in here? Why are people motivated to work like my family and I? We expect a return on our investments in schooling and licensing. We put in the time, money, effort, why shouldn't we be able to collect a return on that? Why are our lives improving then? We no longer have to rely on food stamps or grants, we actually make enough now to splurge at Whole Foods, no more coupon clipping as necessity for the Piggly Wiggly.
      7:55 BULLSHIT. Like I've already posted, we invested in our futures, we took on those debts and we are paying off those debts with the opportunities that arise in a good economy. No one handed us anything, we earned it, it was there, we just had to make the moves once we figured out what we needed to do. That's where family comes into play and I get many people don't have that, but you cannot say their future is "foreclosed", it's really undiscovered. They can be shown, educated, they can improve their lots and it does happen all the time, more so now, and we can prove it by looking at the median wage. It will take time and STABILITY, the thing you were complaining about earlier!
      9:06 dude, I was a soldier, then a contractor, then ended up scrubbing toilets. Tell me how alienating that is. I sucked it up and got my license that I paid for and managed to get a job well and beyond that. At the time, I really needed that money and they could have paid me to stare at a wall. Alienating work - shit, as long as my bills were getting paid and I was moving forward, I didn't care and many people I worked with would say exactly the same thing. No one forced us to be there and any one of us had the potential to rise above it. I sure as hell did. Even other guys were just doing it part time to make more money to pay off a house. Without that job, they would've come up short.
      9:23 Harvey is attributing to capitalism what is more to socialism. We lost industry because you socialists want to tax the hell out of companies to pay for pipedreams. You drove them out. The US can't force people to stay here, so they went where labor was cheaper. They kept prices about the same and they're bastards for that, but you started it. You created this shit river we're all floating in and you want me to be mad at the guy selling boats? I can tell you right now, Green Energy is the current pipedream. You're using gov't to force laws on power companies to use solar panels, have green grid or face penalties. How does the company react? Charge us to buy, install, and maintain the damn panels. All excess energy our homes collect - at our expense - goes to the grid for you to charge other consumers. Solar is at peak at noon - when no one is home as they work or are sleeping for night shift. What's the point here? Your meddling is always well-intended, but always results in this kind of shit. Sure the companies are bastards, but you're the one that gave the fucking bastards the goddamned keys to our backdoor! Oh then there's all the taxing, taxing people who don't want to personally subsidize companies green scam. In FL, they made living off the grid illegal after all. That is gov't. Not capitalism. Capitalism doesn't enforce the law, nor does it create it, but socialists do.
      9:34 competition drives costs down. Quality will vary with the cost, but the cost will be relative to the competition. Get gov't out of the way with their big company lobbyists and let competition flourish again.
      9:39 I actually agree with Harvey here.
      10:22 lost me here - NO - NO we do not need to give money to corporations. Let them keep what the earn. Gov't does NOT create wealth - it only takes it. Let the companies compete on their own, if they fail - others will replace it. The stimulus was the OPPOSITE of capitalism and precisely a socialist blunder. The Marxist is critiquing capitalism for a function of socialism. This again keeps costs up, the failing company doesn't have to address why it is failing. You're keeping a dead limb attached to the body! It needs to come off - contrary to human biology, a new one will grow in its place. People will still need things and they'll need new staff to make and sell it.
      IF THE PUBLIC IS SUPPORTING CORPORATIONS VIA GOVT BAIL OUTS, THAT IS SOCIALISM, NOT CAPITALISM. LET THEM FAIL AND ALLOW THEIR COMPETITION TO FLOURISH. DON'T REWARD FAILURE.
      10:39 You can't maintain your monopoly if you are failing. Gov't intervening on their behalf is the problem. Get gov't out of business. A gov't backed monopoly, again, is an aspect of socialism. This is not capitalism.
      11:16 Again I find myself agreeing with Harvey. I really think he's conflating capitalism with this unholy alliance of some corps with most gov't. We need to get big money out of politics and we certainly don't need to give the gov't more money and power.
      11:26 I thought this was about Capitalism, but we're talking about Trump an awful lot. People in the Far East do politics differently than us in the West. There's a lot of posturing that goes on. We responded to NK and have improved our relations. It's been a bumpy ride for sure for both nations, but Trump had the balls to go over there to NK and meet with Kim Jong Un, unlike any before. That's not really a prelude to nuclear war. Recall, the threats came FIRST, the meeting after.
      11:44 Hillary wanted a war with Iran. She stirred the pot against Russia, an actual nuclear power we have history with, calling for a no fly zone over Syria. Verbally crossing swords with NK is like a meme at this point - declaring you want a no fly zone in Russia was a game of chicken I can't believe Harvey wanted to play.... if nuclear war was an actual concern of his.
      I'm done. This guy is smart enough to see what's going on, but is blaming all the wrong people for reasons I cannot comprehend. I wanted to talk capitalism, not Trump, and here you got me typing about Trump.

    • @jeffcard1A
      @jeffcard1A 4 года назад

      @@zanitzeuken "selling the best product at the lowest price? incentivising innovation?" - what fantasy world are you currently living in?

    • @zanitzeuken
      @zanitzeuken 4 года назад

      @@jeffcard1A if it was fantasy, it ought to be real easy to prove me wrong...

    • @jeffcard1A
      @jeffcard1A 4 года назад

      @@zanitzeuken it is. all i have to do is go into any store and look at all the overpriced crap that's for sale and innovation hasn't been part of america since long term investment and development went by the wayside in favor of short term profits. wow, that was really easy.

    • @zanitzeuken
      @zanitzeuken 4 года назад

      @@jeffcard1A in capitalism, that is your choice. you could also go to the store with lower prices, but being an idiot and blaming the world for your stupid choices is your prerogative.
      so landing reusable rockets isn't innovative enough?
      top kek hmu when you serious.

  • @dannywindham3295
    @dannywindham3295 4 года назад +2

    While Professor Harvey is a very intelligent man. He is mistaken about the national debt and the deficit. China does hold a large number of treasury bills. And perhaps Russia holds a large portion of treasury bills. They are not a debt like a household. The United States government does not borrow money. We create our own money to US dollar. Professor Stephanie Kelton Bernie Sanders Chief economist for god sakes learn mmt please

  • @bspearbach714
    @bspearbach714 4 года назад +4

    outstanding expose'/pod cast and thought process David. yes those in power know what they are doing. {"(misinformation overload) presented by authority figures", that attach themselves to ideas common people identify with}. How to change a democratic society? read the book "Propaganda, an influential book written by Edward L. Bernays in 1928, incorporated the literature from social science and psychological manipulation into an examination of the techniques of public communication."

  • @7_red24
    @7_red24 4 года назад +1

    Predation happens only at gunpoint. The state holds a legal monopoly of violence. Figure it out.

    • @jeffcard1A
      @jeffcard1A 4 года назад

      so white collar crime is a myth?

  • @19battlehill
    @19battlehill 4 года назад +6

    The Answer is NOT TO GIVE centralized system more power. We need a decentralized system. Communism is Totally Centralized which is as bad if not worse than what we have now.

    • @jordanallen3078
      @jordanallen3078 4 года назад +1

      It is about allocation of our pooled resources. We don't need to embrace communism to help the citizenry thrive ffs... Every single geopolitical ally we have uses socialism to keep peace and well-being within their borders. And everyone also uses capitalism, engages in trade. WITH or WITHOUT corporate trade deals. People who view economy as a black or white situation are looking at their economy with the eyes of a child.
      It is about where the emphasis is placed. Are the people able to thrive? Or are they being crushed? Are you spending the bulk of the peoples money to heal+uplift or are you using it to kill?
      Basic questions.
      Alarming answers.

    • @aminuabdulmanaf4434
      @aminuabdulmanaf4434 4 года назад

      @@jordanallen3078 I challenge you to give me an example of someone who has forcefully taken your money from you apart from the very same government you are asking for help. You seem to be one fo those socialist thiefs who want to steal other peoples money.

    • @jordanallen3078
      @jordanallen3078 4 года назад +2

      @@aminuabdulmanaf4434 Keep licking the boots of kings and princes, you stupid fuck. 👋

  • @dafinaglgrrrr8565
    @dafinaglgrrrr8565 3 года назад

    Not new- merely a new medium of capitalism- new venue

  • @mlake9
    @mlake9 4 года назад +1

    Russia has never owned a lot of US debt, China owns about $1.2T (the same amount as Japan roughly) but Russia has never owned more than $1.5B of US debt. This anecdote about Russia going to China and saying let's dump all our US debt is silly. Makes me doubt a lot of the other things that he says.

    • @lovely-mk4rt
      @lovely-mk4rt 4 года назад

      Mitch Lake Actually this was not the first time I heard this. About Two years ago in the Atlantic ( news magazine) an article was written on this subject. 🕊

    • @mlake9
      @mlake9 4 года назад

      @@lovely-mk4rt The Russians may have asked the Chinese to sell their American debt but it's silly to say that the Russians themselves have or ever had a significant portion of US debt.

    • @aminuabdulmanaf4434
      @aminuabdulmanaf4434 4 года назад

      Finnally a comment from an informed person. I really doubt the thinking capacity of liberals after reading through the comments. The guy in the podcast is as ignorant as David Woff.

  • @felicetanka
    @felicetanka 4 года назад +2

    Business govt. Is growing.

  • @forfreedomssake4315
    @forfreedomssake4315 4 года назад

    Thank you

  • @SapoArdente
    @SapoArdente 3 года назад

    RIP David Harvey

  • @uttaradit2
    @uttaradit2 3 года назад

    Corporations are monopolies. Competiton is for the isolated wage slaves over crumbs.

  • @jamesmurphy2828
    @jamesmurphy2828 4 года назад +1

    Basically the Federal Bank has nothing to worry about !

  • @Americanoligarchy
    @Americanoligarchy 4 года назад +2

    Wow, I like this episode thia David Harvey guy is hella smart. Living in San Francisco and embracing a smug arrogant know-it-all attitude in order to conceal my lack of personality.

    • @craigbowers4016
      @craigbowers4016 4 года назад +3

      Check out David's Anti-Capitalist Chronicles! I love 'em: ruclips.net/video/8kMEL-ReZFc/видео.html

  • @roseorphee9008
    @roseorphee9008 4 года назад +1

    The paticipation rate is 62.9, and 44% make 18,000.00, or less
    (Marry christmas)

  • @KasirRham
    @KasirRham 4 года назад +1

    They do already have a camp or two, but they don't really need em.

  • @NoraGermain
    @NoraGermain 4 года назад +1

    Bernie voted against Iraq war? Not for?

  • @karfar8029
    @karfar8029 4 года назад +1

    I think that you have a fundamentally misinformed idea of what government debt is. If you have a dollar in your wallet, you are holding one dollar of US national debt. The national debt is just how much money was spent into the private sector that has not yet been taxed out.

  • @kowalityjesus
    @kowalityjesus 4 года назад

    Yes, the crimes of being able to use your money how you want to. Capitalism vis a vis the Free Market has done more for humanity than any paradigm since agriculture. Socialism i.e. state-sponsored theft of wealth is a pathetic expression of the beta and will only lead to servitude to the state. Let those who serve humanity by creating businesses enjoy the finest our society has to offer, and express their charity or lack thereof how they see fit. Bad actors be damned.

  • @AntonioGarmsci-cy5vt
    @AntonioGarmsci-cy5vt 4 года назад

    Jeremy Scahill, when it comes to 9/11, sucks at the government cock and believes their story. Marxists owe Mikhail Bakunin and all Anarchists an apology.

  • @paperballotsornothing8763
    @paperballotsornothing8763 4 года назад +2

    Tulsi?!?!!! Jeremy!

  • @uttaradit2
    @uttaradit2 3 года назад

    For real change It comes down to this - are you willing to face down the military on the streets?

  • @Joggly420
    @Joggly420 4 года назад

    Greed and narcissism human nature . It will be no different under any other system .

  • @unitylove8441
    @unitylove8441 4 года назад +3

    Bernie Sanders #46 stands for smarter (tuition free college) healthier (M4A) Americans and a Cleaner planet! Vote Bernie Sanders!

  • @IJ72
    @IJ72 4 года назад +1

    Rich ppl do you remember Franch revolution? Next will be 2.0, much better and faster.

    • @honour123
      @honour123 4 года назад +1

      So theft and murder are the answer? Sounds like typical communist to me. Pile those bodies up again.. Another 100 million in the 21st century this time? Stalin would love you.

    • @IJ72
      @IJ72 4 года назад

      @@honour123 be afraid, it's for free.

    • @honour123
      @honour123 4 года назад +1

      @@IJ72 Given that you own a computer and have a network connection that makes you RICH to the GDP of most of those on the globe today. Does that mean that YOU will be one of those thrown to the poor masses and killed in your WANTED communist revolution? North Korea calls you too! or are you a hypocrite too? OPPSS!

    • @IJ72
      @IJ72 4 года назад

      @@honour123 even hypocrite is human.

  • @dillmo28
    @dillmo28 4 года назад +2

    Oh-BAMr

  • @jalenjose3905
    @jalenjose3905 4 года назад

    For the intellectual ass there, who is bringing the Jobs, not the regular working man or woman, millionaire with companies, the lower class benefits from the rich and the very low class too. Go and write a book how important Trump is for the people.

  • @kevinpoole4323
    @kevinpoole4323 4 года назад

    Chaos is thy Name

  • @dagwoodsingleton6202
    @dagwoodsingleton6202 3 года назад

    Fannie Mae and Freddie Mac owned by China and Russia just great.

  • @niidanso
    @niidanso 4 года назад

    It's like David is endorsing Andrew Yang.

    • @jeffcard1A
      @jeffcard1A 4 года назад

      @left-wingers-are-terrorists trump supporters are communist?

    • @jeffcard1A
      @jeffcard1A 4 года назад

      @left-wingers-are-terrorists you just described trump and his supporters again

    • @jeffcard1A
      @jeffcard1A 4 года назад

      @left-wingers-are-terrorists with what? how am i wrong? i know you won't answer this cause you can't without lying.

    • @jeffcard1A
      @jeffcard1A 4 года назад

      @left-wingers-are-terrorists just like i predicted. thanks for proving me right.

  • @lorierobertson7447
    @lorierobertson7447 4 года назад +1

    Go by by

  • @larrysmith2636
    @larrysmith2636 4 года назад

    The sheeple are kept blown about like dry leaves in a gale wind.

  • @rishurajsharma9669
    @rishurajsharma9669 4 года назад +1

    I hate socialism and how it is implemented but i only one question to all the socialists in the comments, the man on podcast is complaining just fine BUT compared to what?

    • @IJ72
      @IJ72 4 года назад

      So you are from rich cast? Feel afraid. It is for free

    • @rishurajsharma9669
      @rishurajsharma9669 4 года назад

      @@IJ72 as attractive socialism is it will remain utopian because of the underlying fundamental flaw that man doesn't have the hunger of power thus capacity to exploit. As long as there is a figure of authority there will be exploitation.

  • @AdryNT
    @AdryNT 4 года назад

    "We're living in a world of debt peonage" [7:46] & [16:48]

  • @missyv8900
    @missyv8900 4 года назад

    Ff's sake all of the isms are dated, primitive and suck balz and are not conducive to optimization of human potential, mental and physical health or well being, bio-psycho-socio health, planetary health or optimal use of resources. Can we admit this or not?

  • @nickknott6521
    @nickknott6521 4 года назад

    🇬🇧🇬🇧🇬🇧🤔 President Trump is Suffering With Dimension this fact is so obvious , that is the root cause of his erratic behaviour , ! Sad ☹️ , 🇬🇧🤔🇬🇧🤔🇬🇧Stay Safe 🌹,

  • @brianmoran1196
    @brianmoran1196 4 года назад +1

    Decent talk, Ridiculous Title.

    • @docan5248
      @docan5248 4 года назад +1

      To the contrary, I think the evoking of capitalism’s ‘criminality’ is an apt and effective framing. Helps bring home the direness of the modern-day consequences of capitalism-enabled class/economic-warfare as conveyed in the talk. Reminiscent of Anand Giridharadas’ (“Winners Take All”) brand of gloves-off diagnosing and confronting of the greed-based problems at hand.

  • @robertshuping5449
    @robertshuping5449 4 года назад +1

    Personals Ad: "Starving socialist with spoon and fork wishes to meet productive capitalist with food and drink."

  • @dragonfly1929
    @dragonfly1929 4 года назад +1

    HOW DID WE GET 'TRUMP',A GOOD QUESTION.........not make sense at all !!!

  • @carolinaquanonne597
    @carolinaquanonne597 4 года назад +1

    Discover new world wagon train race every thing private property Donald John trump may flower canoe

  • @onecardshort2934
    @onecardshort2934 4 года назад +1

    Haha. "What a great moment to end on." Actually it was an ok boomer moment... Good talk, but the devices ain't going nowhere.

  • @woolyhighlander7280
    @woolyhighlander7280 4 года назад +1

    You would rather have Hillary ? Fill your boots ,I doubt Bill would mind ! Give your head a shake !

  • @Ludawig
    @Ludawig 4 года назад +1

    #Yang2020

  • @junkersintutus4282
    @junkersintutus4282 4 года назад

    Criticizes Social Democracy, proposes classic Bernstein reformism... self-owned!

  • @Reno_Slim
    @Reno_Slim 4 года назад +4

    "Marxist thinker" is an oxymoron.

    • @gurumac8992
      @gurumac8992 4 года назад +4

      It's not, it takes a high level of malevolent and original thinking to unstitch the fabric of a society using the principles that the capitalist society has been created with.
      Insurrection ain't easy.. 😉

    • @Reno_Slim
      @Reno_Slim 4 года назад

      @@gurumac8992
      We have a capitalist economic system. That doesn't equal "society".
      And an insurrection that would attempt to somehow install some kind of Marxist government would be an awesome opportunity for the streets to run red with the blood of Marxists. Bring it on.

    • @gurumac8992
      @gurumac8992 4 года назад

      @@Reno_Slim the Marxists don't want a govt, it's about the erosion of the system of control.
      It's psychological warfare, like identity politics, so the only time the streets will run red is when someone loons shoots up a neighbourhood, (like the other day in Jersey) thinking they're taking out an invisible enemy, yet only innocent blood is spilt!!
      The only way to destroy a bad idea is to shine a light on it until the truth defeats it...💯💪🏼😎

    • @Reno_Slim
      @Reno_Slim 4 года назад +3

      @@gurumac8992
      Only a handful of loons that don't understand economics or human nature would ever consider a Marxist form, or any form, of anarchy a viable alternative to capitalism. Capitalism isn't the problem, it's corporatism. That corporations are considered people under the law (they're clearly not) and that corporations are allowed to become (artificially) too big to fail is the heart of the menace. When the downside of capitalist economics is artificially manipulated or removed, the undergrowth becomes a tangle just like when wildfires are artificially suppressed, the next time it burns, the results tend to be much more catastrophic.

    • @gurumac8992
      @gurumac8992 4 года назад +2

      @@Reno_Slim "At the heart of the menace is corporatism." 💯
      Reaganism, drip-down economics, neoliberalism are all forms of western marxism that were utilised by the oligarchal pimpocracy that we're all controlled by and msm is the delivery mechanism.
      It's why govts are registered corporations and why our inalienable rights have been eroded.
      Until we build concensus between ourselves to the values and rights that matter most, we will never have the tools or the will to defeat our enemies.

  • @insurrectionnow4901
    @insurrectionnow4901 4 года назад

    I agree that in the US typical Marxism won't work. Insurrectionary anarchism is the way forward. Look into Alfredo Bonnano, Informal Anarchist Federation. Or for a current example Exarchia in Athens Greece right now

    • @Red-rj7sr
      @Red-rj7sr 4 года назад +1

      Lol no

    • @Red-rj7sr
      @Red-rj7sr 4 года назад

      @tiglath pileser Anarchism is utopian, it is useless ideology.

  • @mauibill7233
    @mauibill7233 4 года назад

    You'll learn more by reading Chomsky that this guy. In fact, Jimmy Dore is just a tad more on the ball than this guy. I learned nothing new by listening to this.
    Cheers,
    Maui Bill

  • @brucenassar9077
    @brucenassar9077 4 года назад +2

    we want to walk our dogs not eat them. go trump

  • @kevinnewville6490
    @kevinnewville6490 4 года назад +1

    Let us talk about the crimes of socialism as well. From Stalin to Hitler from Mao to Pol Pot. No system is perfect but Capitalism with all its flaws is by far the best.

    • @bfloralboy9127
      @bfloralboy9127 4 года назад +2

      Wtf

    • @fratertaciturnus4356
      @fratertaciturnus4356 4 года назад +3

      bootlicker

    • @kevinnewville6490
      @kevinnewville6490 4 года назад +1

      @@fratertaciturnus4356 Name calling, typical. The only reason people push Socialism in America is that they are historically illiterate.

    • @kevinnewville6490
      @kevinnewville6490 4 года назад +1

      This is why the commies knew to beat America was to take over its education system and dumb down its people.

    • @fratertaciturnus4356
      @fratertaciturnus4356 4 года назад +4

      I really don't think America needs help dumbing down it's education system (I'm not American by the way but I appreciate the effort). Thinking Hitler was a socialist is as historically illiterate as it gets

  • @V21IC
    @V21IC 4 года назад +1

    It is said that in Russia and China, the State subsidizes, owns and receives the profit of the corporations (ideally). Many have cried out against that system.
    Many have preferred that the State or Government to take a back seat. So the corporations got larger and larger(profits) and more powerful. Their wealth is not distributed.
    Now, why does the State should subsidize capital, the corporations and yet is not the owner of these corporations nor receives its profits?
    People decide what economy do you want - capitalism or communism? Or would it be themarriage "capitalunism" or "communalism"

  • @nikkkis90
    @nikkkis90 4 года назад +1

    The Dow may be up but the average person is not benefitting from it. Our pension hasn't gone up, our 401K is only maintaining. Who believes Trump when he says these things???