Economics and Social Democracy

The Friedrich Ebert Stiftung’s Academy for Social Democracy explains the economic policy of social democracy.

[@harmonicpsyche8313]

Omg, it’s Kurz Gesagt! Bless. Also, Social Democracy gave Scandinavians the highest quality of life in the world, showing that it is empirically the best policy to improve human life. So, we should have Social Democracy everywhere

[@johnd2058]

...Those countries have a reliance on fossil fuels exports, or patriarchal ethnostates, or universal peacetime conscription, or a CoVId-19 policy which keeps their economy open by way of sending large numbers of "palliative" lethal injections to nursing homes with instructions to administer them in lieu of transferring their residents to the hospital... Sen. Paul of Kentucky, an anarcho-capitalist Putinpuppet, loves that last one especially. Linking SocDem to "The Scandinavian Model" is a losing proposition, at least in my country.

[@jonasp.b.1188]

@@johnd2058 Social Democracy does not have to rely on fossil fuels, and Scandinavia dosen't have ethnostates lol

[@gunn-brittslagochetik2863]

just because it works over here doesnt mean it will work evereywhere. It worked for scandinavia but it might not work for a country like the USA, Russia or India

[@hoopoverthehill]

In essence social democracy is the start of what democratic socialism starts out as. where they differ is the outcome. Democratic socialists want to transfer from capitalism to socialism by the means of democratic process and legislation, while social democracy doesn't want to do away with capitalism but to rather to humanise it and fix the issues of wealth disparity that is caused by unregulated capitalism.

[@coopsnz1]

Wrong ! There is to many regulations on business today not less watch Peter Schiff 1% video and Europe has less far middle class than Usa and millionaires

[@sheikhheisen]

@@coopsnz1 Your reply is a word pasta.

[@danielholta5721]

@@coopsnz1 Usa is 13th place for $ millionares per million capita. Norway is number one on that list.

[@aidanmango1731]

Capitalism needs to go

[@morgan619able]

@@aidanmango1731 Naw, I like this mix of capitalism and socialism better, seems to address everyone's concerns/wishes

[@SB-tp2jv]

Social Democracy , Social Justice and Public Welfare must live long 🌹

[@olican101]

I like this, instead of businesses/state being able to run rampant, they help eachother.

[@MrOrange121]

+Oli Cansdale This video uses several fallacies , notably one where it promotes the idea of relationship between STATE and MARKET as being more important than State and People as a whole.

[@aidanrosier47]

+Oli Cansdale Exactly!

[@olican101]

josh alaniz The state and government working together leads to happier people. Just compare ISPs in the US vs the US.

[@DarkAngelEU]

As it should be. I keep wondering why Germany is perhaps the only country to get it right while the rest of Europe just runs oddly out of pace.

[@bobrolander4344]

This is what Bernie Sanders, Jeremy Corbyn and Sarah Wagenknecht are re-inventing. _Real_ Social Democracy, not the pseudo neoliberal BS of Tony Blair, Bill Clinton & Gerhard Schroeder.

[@derekperry1745]

"Free markets" without regulation is not a true free market. A true free market needs regulations to protect workers, the environment, and the poor. Social Democracy is what is need throughout the world. I don't care whom disagrees with me. I'm used to dissent-- I'm an American. Mock me if you will as I m also used to that solely because of where I was born. Hahahah.

[@magnusorn7313]

finally, an american who gets it, monopolies and corrupt markets is a form of oppression and tyranny as it removes economic freedoms from the citizens of the country

[@morgan619able]

@@bobafett5399 Nationalism isn't an economic system, it's a worldview

[@kerriekupar6466]

@@bobafett5399 India has socialism in it's Constitution.

[@vivekpandit2190]

@@kerriekupar6466 we in India have neo liberalism since 1990s and before that we had pure socialism

[@hainleysimpson1507]

Switzerand is a social Democracy as are many European nation.

[@donelion6459]

It's the kuzgesagt guy ! Hay , what's up ?

[@vernivijayarajah9830]

Brief and brisk explanation, thank you

[@Desertfox18]

As a Sri Lankan I should say, our constitution states that Sri Lanka is a Democratic Socialist Republic, but actually it's a Social Democratic Republic.

[@Jamsheed1991]

Thanks for these videos! Helpful.

[@magnusorn7313]

@Vlad Xavier actually its quite accurate to the ideology that takes place in denmark

[@Da_spacecowboy]

@Vlad Xavier okay little man whatever you say

[@niallwoods1724]

in a nutshell?

[@Who-vt9oh]

I question whether growth can be sustainable. It seems that, at some point, on a planet with finite resources, the level of production and consumption must at least level off. I don't see how infinite growth is sustainable indefinitely.

[@supergamergrill7734]

We have a solution called: Asteroids. Just mine them for precious minerals and use the mineral like sand and other more precious material more conservatively and not waste it on extravagant things

[@justinfung4351]

@@supergamergrill7734 That is beyond optimistic. Do you know the cost of space travel?

[@ihazplawe2503]

We can recycle and reuse these finite resources to allow technology to develop so we can new ways

[@zephlodwick1009]

But there are ways that an economy can grow without consuming more resources. For example, if we had better trains, trams, and cycling routes, we would consume less fuel. Another example would be more recycling. Using uranium power would require less mining than coal and would produce more energy. If we used greenhouses, we could grow enough food using less land and water.

[@mzach9018]

Is this actually Kurzgesagt???

[@mrblackmamba117]

Yeah he is.

[@MrDecentlife]

very helpful!

[@JustinChiodini]

Yeah but how would you regulate private industry and the free market? Obviously far left socialism as well as far right capitalism both prove to be inadequate, So would that mean higher taxes for the rich while also give a UBI? or is there just a cap limit for how much individual corporations can make before having to turn it over to the state? I like the idea of a UBI for sure but I feel but the excessive free market is ever distorting the economy an widening the gap between the rich and the poor. What I am asking is, yes you gave a great general idea about how social democracy works, but how would you actually implement it in the way of gaining a little more control over the free marketers?

[@coopsnz1]

Out come is less middle class when you have social democracy like Australia and Europe

[@magnusorn7313]

@@coopsnz1 we have more middle class than the US

[@anthonytom-duyquang3558]

@@magnusorn7313 Not to mention the middle class in the US was at its peak when the top marginal tax rate is the highest lol.

[@hainleysimpson1507]

@@anthonytom-duyquang3558 Exactly more taxes means more money for maintenance of public infrastructure and upgrading projects.

[@christiangennari]

Look at how Sweden has done it. It's a good start.

[@noob13589]

Infinite growth and sustainability cannot coexist.Pick one.

[@Meowykitchen]

They didn't say infinite growth, sustainable growth is growth that attempts to balance economic, environmental and social factors so that there is a net zero.

[@jocois]

You realize that you can't have infinite growth if you choose one. It actually makes more sense to have infinite growth if you're sustainable...

[@olliecherpuzi5045]

@@Meowykitchen This, and when the growth stops or slows, consistent income can bring stability.

[@lamasatmeena3968]

hello please i need the script cause i will translate it to my own language and i cant really understand the way it reads

[@federalbureauofinvestigati5588]

Kinda a good in-between neither business nor state become too powerful

[@portman8909]

It still requires the nation to have wealth beforehand for the state to work correctly. I.E there may be periods where we revert to low taxation to generate wealth.

[@GFMkidsComedy]

Beautiful

[@brianpace7866]

Thanks for the info! 👍🇺🇸

[@ateisme3752]

POV: 2022 where the government is doing nothing, and businesses fail after two years of lockdowns.

[@sandroshanidze6060]

How come you the Fordian model wan't mentioned?

[@dionsigua4292]

The solution to the capitalism vs socialism debate

[@josphatkirui6785]

Educative

[@hmmm9658]

Does social democracy support high taxes for the rich and low for the poor (progressive tax's)

[@alessandromecca2036]

Yes

[@goodgirlkay]

No. Everyone pays high taxes. That is the only way it will actually work.

[@eruno_]

Progressive taxation is one of the main ideas that defines Social Democracy.

[@magnusorn7313]

@@goodgirlkay in denmark danes typically pay only 38-39% income tax which is not all that high its only up to 59% for money that is made above half a million KR i dont know how much that is i US currency

[@OhSanjiBoi]

@@magnusorn7313 So it varies between countries?

[@federalbureauofinvestigati5588]

Kurzgesagt

[@eyobmohammed7518]

very nice where I get full document for social democracy

[@dolapoviceroy]

Life saver

[@ViscountDI]

I know you can't really address much in a short video, but the idea that wealth should be redistributed for the good of the "whole of society" is a fanciful idea. The reality is that government is made up of human beings with limited knowledge and an inclination towards self-interest. Social Democracy system is, in reality, the gifting of power to a elite group of people based on their ability to win a popularity contest, then hoping they keep their promises and they have the knowledge and intellect to redistribute wealth in a way that is going to end up helping the general welfare (of not only this generation, but future generations) instead of harming it. To truly work as advertised, in a Social Democracy you would need political leaders who are all extremely intelligent and at the same time completely altruistic, to be chosen through the democratic process. Call me a cynic, but this is an impossibility.

[@magnusorn7313]

with transparency and a democratic process other than first past the post this becomes much closer to reality

[@Vocalence]

Establishing short term limits can help with this issue. "Career-Politicians" need to stop. It needs to be more of a volunteering position.

[@hainleysimpson1507]

Except Switzerland and a number of other European nations ave had this system in place for decades and are the best places to live.

[@jaydannyinterview]

Finding "balance" means taxing a percentage of the population upwards of 60% of their income.

[@magnusorn7313]

in denmark its only 59% of income in excess of around half a million KR

[@lewisgrice9379]

or ensuring corporations pay their full share of taxes?

[@anthonytom-duyquang3558]

It wasn't 60% tax on all of the income, but 60% on a part of your income above a certain threshold. kzbin.info/www/bejne/pp_SfXSDfdyZaKs&t

[@hainleysimpson1507]

@al rode I swear Americans and this in their influence are insane. They actually believe trickle down economics works.

[@SuperAmjadz]

wELL DESCRIBED

[@KeltorRochridge]

And then F. E. Hayek came along and tore every single one of Keynes' ideas apart, but we don't talk about him. We'd rather live peaceful utopian lies.

[@KeltorRochridge]

*F.A. Hayek

[@SoulRippster]

“Live”? Are you implying that we are currently living a utopian lie?

[@KeltorRochridge]

SoulRippster If you believe that using the violence of the state to interfere in the voluntary interactions of people is actually effective or in any way moral, then yes. You live a Utopian lie in which you ignore injustice and bad economics. The economy thrives IN SPITE of the state, not because of it.

[@SoulRippster]

+Keltor Rochridge Go tell that to the bankers that had to be bailed out in 2008 by that baddy government.

[@KeltorRochridge]

And you think that that helped the economy? Oh boy.

[@thogufree]

As German I can only say that social democracy means that half the year I have to work for the state as social democrats take 50% of the money I earn and gives the majority of it to other people so those people vote for them again and have to have all sorts of social insurances I don't want to but the state forces me to pay for them. And overall the state services grow and grow as of course majority figures out soon enough out that social democracy in the end means that the majorty can take away stuff from a better off minority and call it righteous

[@magnusorn7313]

whats your job?

[@ananthuajay6470]

Well that rich minority isn't rich on it's own. If you are a successful businessman, Good for you. U did great. You started and Managed a great business by your own. But, You ever able to do that because of good roads that we as a society paid for and you used to transport your goods on, because of skilled workforce that we as a society trained though a good educational system. Every human has both a collective and Individual responsibility. N it is social democracts who believe in we ought to perform both simultaneously side by side and not at the cost of one over the other.Unlike what American Conservatives or Soviet Communist believe.

[@RestingJudge]

@@ananthuajay6470 This is the basic economic idea known as spillover. A positive spillover from good education, good infrastructure, etc. Far outweighs the negative economic impact of not having these things in place. Say one owns a small bakery & is looking to hire a cook. If public funded education was not there he would not know the basic math or writing for the position of cook. If roads were not there he could not get to work, if public transportation was not available he could not commute to the job. Free marketers like to pretend they did everything alone, but they ignore the benefits that public funded institutions & programs have given them in terms of their workforce & even their own life. History has shown free market capitalism will not provide education, healthcare, etc. Because human beings are just cogs in the machine that can & will be replaced.

[@ananthuajay6470]

@@RestingJudge exactly.. Social Democracy is the only way to save our world.

[@coopsnz1]

Correct add high fuel tax , car taxes in Germany

[@JamesTindaleArt]

"When you are asked to love everybody indiscriminately - that is - to love people without any standard - to love them regardless of whether they have any valour or virtue, you are asked to love nobody" - Ayn Rand.

[@kaiserconquests1871]

Keynes was wrong, the government should not interfere in the economy

[@cantutmez8854]

How so?

[@hainleysimpson1507]

And yet Nordic nation's at prosperous and have up.yo date infrastructure and affordable health care.

[@johnpijano4786]

Who are you? Freedman?

[@Russell7]

Been tried and it’s failed.

[@hainleysimpson1507]

Nope Switzerland is a social Democracy.

[@hainleysimpson1507]

Capitalism is an even bigger failure.

[@fellinuxvi3541]

Where has it failed?

[@hej97]

It worked in the Nordic region

[@supergamergrill7734]

It’s been tried and it hasn’t failed? Socialism and communism failed

[@tadrips]

That kind of economy sucks.

[@magnusorn7313]

yea, denmak sure suucks

[@coopsnz1]

@@magnusorn7313 Sucks for middle class , how many Danes earn more than $70000usd salary

[@hainleysimpson1507]

@@coopsnz1 Why would.they need more than that? What are they buying a yacht?