How America Built Big Tobacco

  Рет қаралды 29,224

Epic Economics

Epic Economics

Күн бұрын

Everyone thinks big tobacco and the U.S. government are at odds with one another....and sometimes they are. But the history between the U.S. government and Big Tobacco is actually one of collaboration, progress, and a lot of money being made for America..

Пікірлер: 93
@badluck5647
@badluck5647 7 ай бұрын
Altria, the owner of Marlboro, is writing the anti-nicotine laws. They put into the bills a price minimum to push out low-end competitors. If prices were the same, would you buy a low quantity product or a high end brand?
@rzpogi
@rzpogi 6 ай бұрын
Almost all of the tobacco brands in the world is just owned by 5 companies. Philip Morris International, British American Tobacco, Imperial Brands, Japan Tobacco International, and China National Tobacco Company. Also, Philip Morris - Fortune Tobacco Inc of the Philippines has a 90% control of the Philippine tobacco market. They have products from cheap ass Fortune cigarettes(worst smelling cigarette) to the expensive Marlboro Blue.
@badluck5647
@badluck5647 6 ай бұрын
@@rzpogi n the US, Altria has 44%, RJ has 26%, and Imperial has 10%. That leaves a bunch of smaller brands fighting for the rest as the top two players are trying to use regulation and market dominance to push competitors out.
@rzpogi
@rzpogi 6 ай бұрын
@@badluck5647 They're doing the same shit here. They reported Mighty Corporation(another local Philippine tobacco company) for tax evasion despite Mighty using a tax loophole. They're pushing for laws to regulate ecigs from China and usage of ecigs so people will buy only ecigs from them.
@badluck5647
@badluck5647 6 ай бұрын
@@rzpogi To be fair, nobody knows what is in the Chinese ecigs. I wouldn't be surprised if it is the same Chinese companies that sell chemicals to the Mexican cartels to make fentanyl.
@joseph-mariopelerin7028
@joseph-mariopelerin7028 6 ай бұрын
Imagine running out! Half the country tweaking agressively like zombies...
@gilberttello08
@gilberttello08 6 ай бұрын
Hello from Philippines
@eriklee1794
@eriklee1794 6 ай бұрын
Big tobacco big pharma big food.....big government....they are all big.....we as a person are small....
@BIGDOGLOBAL
@BIGDOGLOBAL 6 ай бұрын
There are more of us than there is of them, though…The problem is, at least in my opinion, unionizing and taking action. Most people won’t move a finger unless it affects them personally.
@eriklee1794
@eriklee1794 6 ай бұрын
@@BIGDOGLOBAL this is true.....my issue is I would have no issue marching up the steps of the white house with 1000s of my fellow Americans but I ,Along with my wife work 6 days a week and we are barely getting by....something needs to be done about this cluster Fug.....I miss my old country 😢
@vladtheimpalerofd1rtypajee316
@vladtheimpalerofd1rtypajee316 6 ай бұрын
Honestly speaking, I don't get impressed when some poor country hits the headlines as being the fastest growing economy and such. This is because, most of this so called growth is just paper growth with little to no real improvement in an average person's average income and standard of living. Despite reporting high gdp growth, several of these poor countries don't have any improvement in basic amenities and infrastructure, don't have any major reforms Implemented, can't stop brain drain, sees worsening social order, sees increasing corruption, sees increasing income inequality, poor social security and don't have any plans for sustaining the high growth. Average incomes of the people may increase, but the costs increase faster resulting in negligible improvement in purchasing power or savings. Increase in unexpected costs and weakening currency add further fuel to the fire. There is no improvement in the quality and variety of products and services, education, healthcare and human capital development either. Hence, before getting overhyped about a poor country being the world's fastest growing economy, dig deeper and find out whether these underlying issues are getting solved or not. Mere GDP growth does not make a country developed. It involves solving the underlying problems mentioned above as well. For an example, people who lived in the US in the 50s or the UAE in the 80s and 90s know what real growth and development is. This real development is not experienced by people who live in these so called fast growing economies.
@wilfredpeake9987
@wilfredpeake9987 6 ай бұрын
Where is that video on how to grow a monopoly losing money
@dmdrosselmeyer
@dmdrosselmeyer 7 ай бұрын
This video might make you want to smoke a cigarette if you already do lol
@karlspencer2026
@karlspencer2026 6 ай бұрын
Tobacco, America 's original cash crop.
@MisterKristopher
@MisterKristopher 6 ай бұрын
Should grown sour sop
@johnnygoodman2003
@johnnygoodman2003 6 ай бұрын
1:18 disemboddied floating head love the rich satisfying taste of a good cigarette.
@i.03983
@i.03983 6 ай бұрын
U guys know that the us was built on tobacco
@holtshady
@holtshady 6 ай бұрын
They don't
@KatieTheDev
@KatieTheDev 6 ай бұрын
This feels like AI
@mypiebecamepizza9503
@mypiebecamepizza9503 6 ай бұрын
Might wanna turn off this American app
@ImKibitz
@ImKibitz 6 ай бұрын
Whoever's doing your thumbnails deserves a raise!
@BorjaVader
@BorjaVader 6 ай бұрын
True, those thumnbnails slap!
@ThereIsAlwaysaWay2
@ThereIsAlwaysaWay2 7 ай бұрын
What do you mean, governments killing it's own population What a shocker 🤣🤣🤣🤣
@mypiebecamepizza9503
@mypiebecamepizza9503 6 ай бұрын
They don't care about any world population
@snedler
@snedler 6 ай бұрын
Smoking have always been disgusting. Smells awful Wallpaper getting yellow in smokers home.. The hands smells🤢🤮 Cancer.. Well cmon Seriously, use your money in better ways
@marcharrison9847
@marcharrison9847 6 ай бұрын
Do the uk tobacco History next you make really good videos bro
@RichardBaran
@RichardBaran 6 ай бұрын
Where's the video you referred to early in this one?
@Eoin-B
@Eoin-B 6 ай бұрын
I assume it's next and they are just futureproofing the video.
@andrewjgrimm
@andrewjgrimm 6 ай бұрын
For those wanting a time stamp: 2:22
@Mrgunsngear
@Mrgunsngear 6 ай бұрын
🇺🇸
@c_o_r_y
@c_o_r_y 6 ай бұрын
Flash forward to today where there are more places to buy weed than cigarettes in my neighborhood.
@MasayaShida
@MasayaShida 7 ай бұрын
wish i can criticize my country gov like this
@mahdiadib9295
@mahdiadib9295 7 ай бұрын
this isn't criticism its history. if you wanna see what real criticism does look at snowden and assange.
@rafatymoniewicz7735
@rafatymoniewicz7735 7 ай бұрын
​@@mahdiadib9295history can very well be criticism and so talking about many historical topics is banned and dangerous in certain countries
@badluck5647
@badluck5647 7 ай бұрын
​@@mahdiadib9295Free Speech doesn't apply to stealing classified documents. This even applies to former presidents.
@ThereIsAlwaysaWay2
@ThereIsAlwaysaWay2 7 ай бұрын
@@badluck5647 He stole nothing, Assange accepted documents that was stolen by other people. Something journalists and judges (the respectful ones) does thousands of times every year. 90% of investigative journalism is done that way. And there is even a law protecting whistle blowers, but since US is not a democracy anymore, and don't respect it's own laws anymore, whistle blowing protection clause is not applied. Lastly, the treason charges makes no sense since Assange is an Australian citizen and not a US citizen. And you cannot commit treason against a country that's not yours (written in the definition)
@mahdiadib9295
@mahdiadib9295 7 ай бұрын
@@rafatymoniewicz7735 I agree with you however even in the united states there are many topics that have been banned in the past the united states is no exception.
@gilberttello08
@gilberttello08 6 ай бұрын
Enlightening! Watching this the second time around
@13231wmw
@13231wmw 6 ай бұрын
I would recommend watching Pinky and the Brain Inherit the Wheeze. It delivers the anti-smoking message on a very unconventional way.
@Novastar.SaberCombat
@Novastar.SaberCombat 6 ай бұрын
And Jeffrey Wigand ALMOST took it all down. Almost. But in the end, all Big T did was reinvest, rebrand, reassess, and resurface. Resurrection... in the form of rising from the dead... like a corpse.
@grottybt5006
@grottybt5006 6 ай бұрын
I've paid like $40,000 in tax and never had medical care as an adult. It's a tax swindle to pay for refugee healthcare and diversity projects
@northwestalternativemedia2125
@northwestalternativemedia2125 6 ай бұрын
Ganja b betta
@deepbluedivingexploration
@deepbluedivingexploration 7 ай бұрын
One more proof that the government is not acting in the best interest of the people it is governing. Same goes for the oil and military business.
@Ash_Wen-li
@Ash_Wen-li 7 ай бұрын
and zoning laws and automobile companies...and the grain industry
@41chemist19
@41chemist19 7 ай бұрын
It's almost like governments tend to have a negative effect on the population as a whole
@deepbluedivingexploration
@deepbluedivingexploration 7 ай бұрын
I guess the biggest mistake was to give people power without accountability.
@saturationstation1446
@saturationstation1446 6 ай бұрын
whats wild is that vaping is scientifically 99% less harmful (there's no true scientific proof of it having any harmful effects tbh, just a couple of purposefully faulty studies where they used devices in ways humans wouldnt be able or want to) and has the capacity to literally save hundreds of millions of human lives, but because it looks like smoking, 1d1ots like this channel will still demonize it. meanwhile, gen z smart phone addiction is MORE harmful than smoking a pack a day, and even causes severe mental ret4rd4tion + loss of coordination, but i bet this channel wont be doing any videos about that.
@saturationstation1446
@saturationstation1446 6 ай бұрын
@@41chemist19 only when they are run by minorites aka rich people. every government that wasnt a direct democracy has almost immediately turned into neo feudalism lol. now we're all technically owned by the british crown lmfao.
@brianmartinez7979
@brianmartinez7979 5 ай бұрын
😭 Promo-SM
@Funduk-i9w
@Funduk-i9w 6 ай бұрын
at 5:40 on the right side of the page - Color tv sets barred for public - what the hell is that supposed to mean?
@wyattnyfeler7270
@wyattnyfeler7270 6 ай бұрын
Just looked it up it and the answer is kinda complicated but it’s related to cbs being in competition with RCA for color tv and the Korean War
@Sebastian-gf2fk
@Sebastian-gf2fk 6 ай бұрын
Not coaching. Maybe training. Players and teams play in the way they train. In the NBA you can't train. Too much travel. Spurs historical use first half of the season as training. LeBron does the same. Yep, calling plays is important, calling rotation matters A LOT, but training is above everything else.
@om7303
@om7303 7 ай бұрын
The US gov built British American Tobacco, Imperial Brands, Japan Tobacco International, and China National Tobacco Company?
@EconomicsIsEpic
@EconomicsIsEpic 7 ай бұрын
Through pursuing the judicial dissolution of James Duke's American Tobacco Monopoly
@badluck5647
@badluck5647 7 ай бұрын
British American Tobacco bought RJ Reynolds which controls 26% of the US market, and Imperial Brands bought most of Lorillard which owns 10% of the US market.
@cristianromo2441
@cristianromo2441 6 ай бұрын
So cappin is now part of normal vocabulary? Damn I'm getting old
@SantiSomchay
@SantiSomchay 6 ай бұрын
How did they look so cool? 🚬😎 Like a camel 🐪
@TheSummoner
@TheSummoner 7 ай бұрын
2:05 where can I find it?
@Emmanuel-px9lk
@Emmanuel-px9lk 7 ай бұрын
Pending
@Chunga-maisha
@Chunga-maisha 6 ай бұрын
The good old days
@SantiSomchay
@SantiSomchay 6 ай бұрын
How did they look so cool? 🚬😎 Like a camel 🐪
@honeybee4316
@honeybee4316 6 ай бұрын
This should be titled "How big tobacco built the Government"
@kerwinbrown4180
@kerwinbrown4180 6 ай бұрын
The USA has a command economy that was established in the 1860's with the passage of the National Banking Act which ended the free banking era and so free market capitalism. Later on the Federal Reserve was established to manage the economy through the banking system. The federal government control banking for business and so give a way for government to control businesses. They continued to add other ways as time went on.
@makoka6250
@makoka6250 7 ай бұрын
I can't find the video about the monopoly
@Irvosmith
@Irvosmith 6 ай бұрын
Me either :(
@TrollBTD
@TrollBTD 7 ай бұрын
How I’m first
@sgm2463
@sgm2463 6 ай бұрын
No one noticed it was only when African countries took control of tobacco farming that the anti tobacco was pushed to the forefront.
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