Is Capitalism Actually Efficient?

Capitalism extorts anything and everything in its WAKE Human life is no concern nor other species that are essential to life. When you look around the world EXON has polluted every area in the world. As an RN I am a means to an end patients are profit. We are at a horrible place I was raised GIVE a HOOT dont pollute. A time when CAPITALISM was not given free rein. Because Regan Bush Nixon southern strategy. War on drugs highest incarceration rate in the world for profit. Free Market is a lie we have COOPERATE WELFARE Socialism for the rich this needs to be said LOUDLY. We have the foxes watching the hen house. Wall Street panics they expect bailouts 0 % interest so they can make more Americans and the world indebted to them FREEDOM just another word for nothing to left lose. Richest country huh 45 inequality getting worse solutions anybody We need millions to March in Washington Voting rights Facisim on the rise Liberty huh. Noam Chomsky Howard Zin Chris Hedges are warning Timothy Snyder they need a push big one MASTERS of MANKIND think they are responsible no they shit on anything for profit. polluted water destruction of forests rain forests they know what they are doing do not care as they will take the water go to their gated communities and allow all to die.

This video was amazing. I'm new here and I'm almost embarrassed about how eye opening it was for me

Great video. As a child, I remember one example defying the free market that stuck with me more than any other example: Diamonds. Artificial supply creates artificial demand. Then South Park came along later in my life and made an episode on "Space Cash" that was absolutely priceless (think Baby Fark McGee Zax). These were ideas I learned outside of school, which is honestly a failure of public education. I personally feel that there should be an entire class on the "Great Depression" taught in public school. Everything you need to know about the fragility of capitalism can almost be captured in that one event. Yet, when I was raised, that was just one week of history that was parlayed with WW2.

Great video! I posted it on FB and sent it to my brothers.

Sad_Knight

I fear that society will collapse before neo-liberals abandon capitalism

The real estate market is plagued with the same profit driven inflation as the CEO Pay Machine, see book by that name, used to inflate salaries of the ruling elite. I am 73 yrs old and I have progressed through the acceptance to absolute distrust of capitalism. A new and balances view of enterprise is needed. People and our home planet first.

Over-production of "profitable" products and "what you must buy" propaganda on TV and all our communication devices guide us to propagate a wasteful and self destructive system.

I used to work for a grocery store, the food waste was unbearable for me to watch. Wtf can normal people even do at this point

Brickitect

That grocery store with guards blocking the discarded food made me sick to my stomach. I had no idea about that.

Nick OneTen

JT you are so based, my god. The video was fantastic. Without explicitly stating it, it showed me how the capitalist system is held up on artificial stilts, through the destruction of surplus resources.

big sinking energy

Wow. Nothing drives the point that the system has failed us quite like showing how much food and product is thrown out because it's more profitable to ensure everyone can't have what they need to survive. I think this is one of JT's most powerful videos yet. I'll be recommending that everyone I know see this video.

You mean....gasp!....forcing companies to be of benefit?!? That's sounding pretty socialistic to me 😁

Surplus destruction of goods to bring up demand is so horrid, which is why I wish companies would be forced to give the extra to people that can't afford it.

Along with that I have a few friends saying "Oh but why let go of 200 hundred years of improvement and efficiency of this country to get rid of Capitalistic ideas, and go for Socialistic ideas so that well will be back tracking years and years of no success under it?" Im just so appalled every single time I try to have people look at the negative ideas it has instilled on our society, still those same people make excuses about it and still say "there's much more pros than cons though." This kind of closed mindedness is what is going to be our greatest downfall.

I am sending this along to people who still can't let go of the idea of there being "good" capitalism, regardless of how out of balance it is here. Too many people here are just comfortable enough to not want to relinquish that selfishness and conditioning.

Word. The destruction of surplus food and drink during the pandemic is dystopian. The pouring of milk and dumping of potatoes hearkens to John Steinbeck's book 'The Grapes of Wrath' which was influenced by his experiences in California during the Great Depression in the 30s, in which farmers destroyed surplus citrus fruit by burning with gasolene while people in other parts of the country were starving to death. Vox has a video on how in USA the dairy industry wastefully overproduces because of government subsidies that have been in place since WWI. Here is the link: https://www.youtube.com/watch?v=XRCj8LVTRyA

Nathan Ngumi