Is Capitalism Anti-Black?

The U.S. is a capitalist society - but does it need to be? The COVID-19 pandemic has exposed inequalities in the system, with Black and brown populations in the country more vulnerable to both the health and economic fallout. For example, unemployment due to COVID hit Black Americans harder than white, and Black people are more likely to be hospitalized than their white counterparts.
In this explainer, we look at the complicated relationship between capitalism, labor, exploitation and race - and whether the pandemic has inspired people to dream of a reality beyond capitalism.
#Capitalism #Socialism #BlackHistoryMonth
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[@ajplus]

Watch: MLK To BLM - Inside America’s New Civil Rights Movement kzbin.info/www/bejne/nZnMoGt3pd57idU

[@grabithard2534]

Dont divide anyone, capitalism only works for the greed. If you want to get rich off your ideas and tools you can. People dont want to make thier own things and food therefore you have government.

[@RJ-jr6yu]

@@grabithard2534 No. Capitalism is a service or product provided, that you find suitable for the payment requested. Controlled by *YOU* and not the *State* . You are free to find a better deal, or do it yourself. Not forced by the State or Government.

[@arunavaghatak8614]

This channel should be deleted. Seriously, you idealize socialism? Capitalism is the reason computers were developed in America's private sector and not in the USSR. People were starting their own companies to provide new and innovative IT services so that they can get rich. If the motivation to start your own company was not there and you could become wealthy by just joining someone else's company, then why would people risk their money and valuable time to start new industries? That's why only the business owner should own the means of production (and not the workers).

[@RJ-jr6yu]

@@arunavaghatak8614 100%

[@RJ-jr6yu]

@@EdiMeanG 100%. It's by design. Same as msm. Fool proof business plan that brings in fools.

[@DC-wg1cr]

Black capitalism? The Black 1% owns 90% of Black wealth, in the white community the white 1% owns 70% of white wealth. Dr. Cornel West shared this in his interview with Joe Rogan.

[@MK_ULTRA420]

You're right but black people don't want to hear about that.

[@DC-wg1cr]

@@MK_ULTRA420 99% do

[@MK_ULTRA420]

@@DC-wg1cr No they don't they'd rather hear rap.

[@DC-wg1cr]

@@MK_ULTRA420 most rappers have class conscious messages, racist.

[@MK_ULTRA420]

@@DC-wg1cr Most rappers brag about killing and having more wealth and sex than other people. What class conscious message are you talking about, racist?

[@J0hnzie]

This is a ridiculous propaganda piece. You should be ashamed of yourselves for publishing this nonsense.

[@Apollo536]

They quote Stokely Carmichael, a guy who also said that Hitler was the greatest white to ever live... I think the concept of "shame" is completely foreign to these people.

[@obannon5226]

Bro saw Capitalism and Anti-Black and Immediately got mad. That spoke volumes.

[@MolecularArts]

Few videos are as rooted in economic ignorance as this.

[@derp8575]

Next video: Economics is racist

[@voltex12345]

oooh they know, they are just lying

[@derp8575]

@Bonus Malus Explain your "kinda leftist" economic theory.

[@voltex12345]

@@mikhael636 already doing it

[@jasminethompson1187]

Agree.

[@Shaktig39]

Cringe.

[@attatatatatayatyaayyatatay9855]

You can cringe but you have no facts

[@mementomori1749]

@@attatatatatayatyaayyatatay9855 Capitalism literally isn't against ones skin color.

[@subifyouhatetiktokandreddit234]

This is one of the stupidest Titles I've ever seen. And I'm black

[@tryxoso2015]

Not according to communists lol

[@panicatthedisconnect]

The top socialist countries are definitely better than the US in terms of human rights, aren't they?

[@Boudicaisback]

@Hawra Ahmed honey slavery was around for 1000's of years before America even existed you forget America was THE FIRST nation to outlaw slavery !!!

[@realtalk7547]

@Hawra Ahmed Actually slavery is literally the enemy of free market capitalism. Slavery is when an authoritarian person steals the labor of another to give to the person or program of their own choice. Likewise socialism is the use of authority taking your labor to go to projects of their choice. I really can’t see how people don’t understand that. Slavery= redistribution of labor. Socialism = redistribution of labor.

[@realtalk7547]

@@panicatthedisconnect The simple answer to your question is no. My question is, who are the top socialist countries? Most that are viewed as socialist here in the USA do not claim to be socialist, but merely have a generous welfare system.

[@KingAram99]

I just want a public option for healthcare

[@matthewfrost3677]

It is never an option!

[@KingAram99]

@@VentureHolly instead of identity politics we should focus on issues that affect all Americans

[@pinklefoo]

@@KingAram99 that's not identity politics

[@pinklefoo]

@@KingAram99 what are the benefits of a public option over m4all?

[@KingAram99]

@@pinklefoo cause a lot of people like their private options

[@ashonlewis9353]

Yes it is Dr King talked about it a lot in his speeches

[@seismic6435]

Shhhh, the yt people who love to quote MLK don't know about that

[@ashonlewis9353]

@@seismic6435 yeah I know

[@everyman1]

@@seismic6435 it is possible to not agree with EVERYTHING someone says you know. No one is right about everything.

[@derp8575]

If MLK said the moon was made of cheese, would that make him correct?

[@derp8575]

@Karl Marx It doesn't matter. If MLK said it, then it must be true, yes?

[@derp8575]

Please tell me this is a video from The Onion?

[@kitfisto6345]

I'm sorry sir, but it's time for you to go now

[@derp8575]

@@kitfisto6345 It's because of my lips, right? Well it's not my fault. I got herpes on my lip from a terlit seat.

[@kitfisto6345]

@@derp8575 yes

[@ronkirk5099]

Unregulated capitalism is a threat to and exploitation of everyone. I think the systemic racism is a problem in this country in general and causes much of the economic inequality. The social democratic model of some European and Scandinavian countries is probably the best governing system and results in less income inequality and a better, healthier life for nearly all their citizens. Every quantifiable metric supports this conclusion.

[@664theneighbor5]

No. The social Democratic system is Scandinavian countries still relies on the exploitation of those in the global south. Plus, the means of production are still privately owned & workers are being exploited. We need to abolish capitalism entirely.

[@zachheisen5022]

@@664theneighbor5 Buffoonery, you can exploit or be exploited, your fantasy is as absurd as a blue sky that is purple.

[@NhanNguyen-pp6yw]

I think the socialism like China or Vietnam is the best model that western countries can practice

[@april_showers97]

watch the documentary “Why Poverty/ Stealing Africa.” These European and Scandinavian countries fund their welfare-capitalist economies through neo-colonial imperialism.

[@jacqueslee2592]

@@NhanNguyen-pp6yw The reason why communism is Asiatic due to the historical models of government and the culture in Asia. Western nations cannot practice Communism because it is essentially not part of their historical group identity. Westerners value individuality, Asians value community or nation above self. Moreover, Westerners value excess for materialism and stealing from others. This is why they do not like communism because CCP and Vietnamese Communist Party prevented Westerners to steal from China and Vietnam.

[@littlepumpkinpiehair-cutte519]

1973 FBI raid on AIM in Wounded Knee, South Dakota

[@nanoaged1]

Black Capitalism is a Capitalism.

[@EuDouArteHipHopArtCulture21]

Yes .

[@mementomori1749]

Marxists leninists are clowns.

[@asdg199]

Slavery could have helped to "jump start" capitalism in America but by no means is it a necessity as can be seen by the hundreds of other countries which use this system and which are not America.

[@bigelowtech]

And countries that have had slavery at a much bigger scale and for a longer period of time but are still nothing compared to the US

[@davruck1]

They said racism not just slavery. Capitalism needs a hierarchy to work. So yes it’s racist.

[@psikeyhackr6914]

@@bigelowtech What countries had slavery on a bigger scale than the US South as a percentage of the population between 1800 and 1860? And where else could England have gotten enough cotton. But Black Americans haven't been insisting that accounting/finance be mandatory for Black kids or created a recommended reading list for them. Read Catcher in the Rye with the dumb white kids. Black Man's Burden by Mack Reynolds In Project Gutenberg. LOL

[@JoeyAfrika]

​@bigelowtech like which countries?

[@aidanc9838]

There is a Latin American scholar out there who’s also posited this, pointing to the origins of capitalism as being founded in the type of labor that was enforced upon Indigenous populations and later captive native Africans. These things began in 1492, and it’s not just North America, but the Americas that were born on this system. I can’t recall their name, if it’s Gustavo Verdesio, or another but it’s an idea to take seriously for sure.

[@derp8575]

Indigenous people were enslaving and stealing resources before 1492. They weren't sitting around smoking the peace pipe. Now the world has electricity, radio, telephones, cars, airplanes, etc. Where were those things invented?

[@aidanc9838]

@@derp8575 Get out. You still don’t know what you’re talking about, and your what-about-isms surely aren’t enough

[@kenstar3692]

Its not capitalism. Its the people who are in charge. Capitalism is only a tool. Kind of like a hammer. It has its good and bad uses. I can also use it to help people or hurt people. It all depends on who is using the hammer and how they're using it.

[@PerkpopperDotcom-qu3hk]

Capatilism incentives inequality

[@sebastienholmes548]

0:27 do there voices hold more weight then people like thomas sowell or Walter e Williams?

[@whitehavencpu6813]

It certainly doesn't. Thomas Sowell is my favorite economist, these people are stupid.

[@BLS2134]

Next up on aj+ we will tell you how doors are racist and locks perpetuate racism

[@heathersmith7820]

Look what it says right under the video above. AJ+ comes to you from Qatari which is an Arab country and is not the USA, it spreads propaganda throughout. So they find someone gullible enough to do their dirty work for the narrative they have edited into this video. They spread misinformation, cause havoc, and divided people in many places instead of bringing people together with understanding and respect for one another. There is only one way to be successful in life and that is through education. Beware of the racism they are spreading.

[@sheilacabrera4603]

Proof we (people, period) never learn.

[@shanedoherty623]

I would ask any any African American to visit Africa, in particular Nigeria, which is a very capitalist country, one of the leading economies in Africa, and ask ask them they're opinion. Obviously it is different in the US with the history of slavery and racism against black people. But this is is ultimately a class issue and not a race issue.

[@sebastienholmes548]

How is Nigeria capitalist?

[@DiegoCardenas-bc3pt]

Nigeria is not a capitalist country

[@twotimes8395]

@@DiegoCardenas-bc3ptIts gonna be

[@bigelowtech]

The northern states and industries without slavery stood for over 80% of the US economy. There is a social economic system in Scandinavia, and the same is true for minorities there as the US. So point is? Why don't we try to find a legit reason for the difference?

[@heathersmith7820]

Look what it says right under the video above. AJ+ comes to you from Qatari which is an Arab country and is not the USA, it spreads propaganda throughout. So they find someone gullible enough to do their dirty work for the narrative they have edited into this video. They spread misinformation, cause havoc, and divided people in many places instead of bringing people together with understanding and respect for one another. There is only one way to be successful in life and that is through education. Beware of the racism they are spreading.

[@nightbird7075]

Ask the Ethiopians how good life was under the communist regime of mass murderer Mengistu in the 1980,s. 1.200.000 Black Ethiopians died under starvation in that period. Communism is synonymous for corruption, death and destruction.

[@ArthurWuYeah211]

You don't think Capitalism is just a western thing, right?

[@DonaldLilTrump]

What's the ideology of black panther party? take a guess

[@brenixxx33]

Power to the people

[@DonaldLilTrump]

@@brenixxx33 not actually, it's communism, Huey went to China in 1971

[@derp8575]

The party of slavery. These fools don't realize they're being used by people who don't want to help black people, but depopulate instead.

[@asher6657]

@@DonaldLilTrump are you really that ignorant? so if you went to the Vatican that means you want to become a priest?

[@DonaldLilTrump]

@@asher6657 u r the ignorant one, black panther party was already a socialist group before they went to China, go check out the wikipedia about black panther party and the movie judas and black messiah

[@peter8488]

We need a true economy not a pyramid scheme as we have now.

[@sebastienholmes548]

That true economy is capitalism.

[@eugenelubbock5478]

@@sebastienholmes548 that does not make grammatical sense. Capitalism is an economic system if oppression that most people will fail at.

[@sebastienholmes548]

@@eugenelubbock5478 sure, keep telling yourself that.

[@eugenelubbock5478]

@@sebastienholmes548 your comment literally didn't make grammatical sense mate.

[@njm543]

Can you do one but with blacks on the African continent like how countries in Africa that have and have not embraced capitalism compare to each other. I would love to see that. The Caribbean could work too

[@nakedwzrd]

sputnik

[@DC-wg1cr]

Wages must be pegged to productivity increases, not just inflation.

[@realtalk7547]

Does that include productivity based on technological advancements by the owners themselves as well or just to the increased sweat and toil of a motivated worker. Raise wages too high in relation to the profit margin and humans are replaced by machines. It’s a tricky proposition.

[@scottwatson4584]

@@realtalk7547 The company will replace you anyway if it can. Just as soon as machines are an option.

[@realtalk7547]

@@scottwatson4584 thanks for the reply. Since I am not a mind reader I can only agree with you to the extent that once again this is all economically driven. When there was no more need for wheelwrights in mass they lost their jobs and perhaps made rubber tires. In turn when they have to pay $15 for a burger flipper and burgers cost $16 dollars in part due to that change, it will drive customers to other meals to a degree. Machines will be used more often to keep prices down and to control the profit margins. Mom and pop restaurants have very small margins. As an ex low level manager in a grocery store and being involve in these inside decisions we just loathed to take these types of actions. In a small community even McDonalds was hurt by the negative press. We sought to work a justification for keeping all that we could. Big business I agree are more apt to pursue such measures because if their sheer economic power and relationships with government. Corporations for example are railed about by us and politicians but the fact is they are tax collectors for the federal government and they contribute so much to the campaigns of even people like Bernie and AOC. Actually more on balance then republicans which was a shocker when I looked at the real numbers. So I don’t have to tell you that you are correct that companies are ever in pursuit of less costly innovations and machines where possible to make themselves more competitive and economically viable, but mostly it is "not" to say how can we screw the workers today and most likely even you or I would consider the bottom line or our average investor and business would suffer. Again, I have real world experience in this area.

[@ArthurWuYeah211]

The wage-productivity gap is a myth www.piie.com/blogs/realtime-economic-issues-watch/growing-gap-between-real-wages-and-labor-productivity

[@donaldblackmon36]

KZbin allowed this message interruption with commercial less than 1 minute in. I then closed it, will not get remainder of message from this sight

[@aerialcombat]

Another huge factor in the racial wealth disparity in the United States is the legacy of homesteading, specifically the Oregon Land Donation Act, of which a significant portion of the population are benefactors

[@aaron___6014]

The act from 1850 that allowed certain white and mixed blood Indians, and certain existing settlers land to help establish Oregon as a productive state? The same act that required these people to stay on the land (not sell it) and cultivate it for 4 years? You do realize that means they had to prep the land for farming, right? And how does this still impact racial welath disparity almost 200 years later? Are blacks and Indians wanting to start farms? Do you realize it's an extremely unprofitable way to make a living but that there are lots of free handouts? What about this Act of 1850 limits blacks today?

[@aaron___6014]

You also realize that the majority of homesteaded properties across the United States have been sold because it is no longer profitable to be a small farm. How do you not know this?

[@aaron___6014]

Any race can own land and a home in Oregon and claim a homestead exemption. But it is a limited amount of land and a dollar figure, not the 160-640 acres allowed by the 1850 Act.

[@aaron___6014]

Another thing you might want to know, African Americans were eligible for the homestead act of 1860 after 1866. So again how is this all adding to racial wealth disparity?

[@Touhou2006]

“Is Capitalism Anti Black?” I don’t think Adam Smith intended an economic system to be racist

[@mrfinance234]

lmao I'm pretty sure he wasn't planning on the non-whites, the "savages", enslaved peoples, etc benefiting from the spoils of capitalism.

[@atlbfan4216]

Capitalism is not anti-black. There have not been enough efforts to bring capitalism to the black community. There needs to be an effort to help black people get good jobs. If black people had good jobs they could spend more of their money in black communities and at black owned businesses. Black people owning businesses is beneficial to the black community because, even if the money is not held by the community, black people can be hired and then that money can be spread around the community.

[@RobertTempleton64]

Capitalism is anti-people. Were you not educated in the Robber Baron era during the late 1800's? Capitalism, unfettered, is a dystopic nightmare. Bringing Capitalism anywhere is a recipe for inequality and dystopia...

[@its_mil_4816]

@@RobertTempleton64 Capitalism is not unfettered in any nation around the world, nor should it be. of course, reducing govt intervention in places is desirable, but definitely not to the extent of Ancap. The current alternatives to Capitalistic systems are inherently flawed

[@bigsmoke7381]

@@RobertTempleton64 i would rather get what I’m worth then be equally poor

[@pepesylvia848]

We need public college and healthcare for Americans. Everything else should be raw capitalism.

[@Slacker28]

You should study the Baltic nations Bernie Sanders uses

[@pepesylvia848]

@@Slacker28 aww, my comment got deleted.

[@yeetinggoddess2113]

Yes

[@nikhilpande819]

true

[@esonon5210]

Capitalism is not racism, it's racist people and institutions that held black people back from gaining wealth through capitalism.

[@IzaakCha7]

There are many nations in Africa that tried to throw away capitalism. Every single time, they ended up much worse off.

[@NoahBodze]

They aren't "throwing off capitalism." You can't "throw off capitalism." Capitalism is not about the presense of anything, it about the absense of monopoly control over commerce. Capitalism is freedom, and freedom comes from not being tied to a state. It's a "negative liberty, not a "positive" liberty.

[@IzaakCha7]

@@NoahBodze I agree, and appreciate your replies. Just seems like AJ+ wants less capitalism and more intervention, if not an even more socialist experiment

[@ryantrent8912]

They dont work because capitalist nations sabotage their progress.

[@NoahBodze]

@@ryantrent8912 "capitalism nation." Next time, just say "I don't know anything about economics." Its shorter and more succinct than your objectively stupid comment and it spares us all the cringe of how little you know and how boisterously you don't know it. Next time.

[@NoahBodze]

@Karl Marx What's right about it, stupid? When you say "capitalist nation," you show me you don't understand economics. Capitalism is at war with the state, stupid. THe entire reason for its existence is to take the state power out of the economy. But youre stupid, so you think capitalism is "having and using capital."

[@kiwikiwi2483]

A someone who's literally a liberal-minded black, I respectfully disagree....

[@kiwikiwi2483]

@@piku5637 Who's wrong? You? I agree

[@sillyloser8302]

@@piku5637 Omg shut the hell up...

[@SCHRODINGERS_WHORE]

You ain't black. STFU

[@goofymode8205]

Better death than red

[@nntflow7058]

So suicide?

[@venture2323]

Still here aye??

[@learningagain4094]

@@nntflow7058 No. In a Communistic society, those who still wish to own property are killed by Commie scum anyway, so the phrase is simply saying, I'll fight til I die than become a commie.

[@_robustus_]

Capitalism isn’t anti-black.....when it wants black people’s money.

[@Curtis006]

Capitalism can make way more money exploiting black people

[@joshuareed2455]

@@Curtis006 no people exploit capitalism, capitalism is like a tool to gain wealth.

[@Curtis006]

@@joshuareed2455 a tool to gain wealth by legally owning the means of production and exploiting the laborers, yea. Capitalist pursuit will always attempt to exploit to the best of its ability, because that’s where most of the wealth is generated.

[@RJ-jr6yu]

@@Curtis006 Sure buddy. It also makes us Blacks way more money.

[@RJ-jr6yu]

@@joshuareed2455 Correct. And it's open to anyone that's actually smart enough to capitalize. And you don't have to be that smart to do so. This channel is hilariously incompetent.

[@existo_mas_nao_penso]

For me is simple to know if Capitalism is the either the best or the worst economical system. We just have to ask one simple question: "How much progress did Capitalism made compared to other systems?" And if we make an honest study about the subject, we will discover that Capitalism was the system wich gave us the largest economical, social and tecnological development. Capitalism Rocks

[@derp8575]

Absolutely. We just have to end crony capitalism in my opinion.

[@tp1267]

I don’t understand economics so it’s racist the video

[@j.g.s.b9994]

Ah yes, the "that wasn't real socialism" argument

[@smashingthreeplates2171]

I know, it’s crazy!

[@kitfisto6345]

Don't worry it worked in a small colony with only 3 people in it on a small island out in the Pacific. It must work in america defentily

[@jackrayner1310]

at videos like this i wonder what liberty prime would say

[@rodb66]

How exactly is wealth created for the collective? We now have billionaires and people are still being paid wages that are not consistent with the cost of living.

[@Apollo536]

No it isn't, but you are AJ+.

[@eugenelubbock5478]

In what way? Is this deflection?

[@respectknuckles428]

We’re getting Harriet on the back of the 20 dollar bill though which that will never happen 😂😂

[@Peanut-sam-tha-nut]

Its like giving a cat a new toy. Its just a distraction. Now if they wanted to do something for the black community for reparations that would be different. Blacks are the only disenfranchised people that have never received reparations in America. Affirmative action in the 1900s is not reparations, its just people being allowed to work for money. The jews got it, the Native Americans got it; and both groups deserved it but the largest group of people (black) never got a dime from a country that they were forced to build up. These are truths

[@xakdish4169]

Can u guys just stop. Im black and i support capitalism. Black people are not a monolith.

[@SHAHIDKC]

Segregation is anti capitalist not serving people of color lowers the profit margin.

[@IzaakCha7]

I think videos and channels like this inspire much more racial division than they could ever prevent.

[@actnow3]

There's a lot of power in knowledge, and that's what scares you

[@derekziebarth]

Black people need to hear from people like SB Fuller

[@derekziebarth]

That's why black people are tearing this country apart they push for communism like capitalism is where freedom is

[@t-4579]

Misses whole point of video. Hey Blackies, listen to this guy who perpetuates our values, the same values which genocided native americans, enslaved africans, killed millions of iraqis.

[@realtalk7547]

Smart people saying silly things. If you drive 100% of all white people out of the country it would still be a wonderful thing for 40.2 million people to deal freely with one another and prosper together according to their talents and services to their customers. Capitalism is as we speak lifting Africa out of poverty. The key word in any country engaging in capitalism is GO engage. However let’s never confuse “crony” capitalism with “free market” capitalism.

[@ReichX1000]

These uncultured people haven't heard of Thomas sowell

[@blackhorsered]

She actually pronounced: Du Bois😂😂

[@AmbivalentDreams]

That's how he preferred his name to be said, he didn't care for the French pronunciation~

[@blackhorsered]

@@AmbivalentDreams how you know that?

[@bl00dhoney]

@@blackhorsered it's well documented. “My name is pronounced in the clear English fashion: Du, with u as in Sue; Bois, as in oi in voice. The accent is on the second syllable.” W.E.B. Du Bois, 1939

[@Xavier-kq9hp]

@@redfigs42 nah i’m black and i was bout say the same thing. You’re just stupid.

[@pepesylvia848]

@@redfigs42 Comment notifications aren't shared between accounts. It's easier to just learn a system of pronunciation and apply it to all names using that spelling than to learn the individual pronunciation of every name ever written. Most races understand this. Not just white people. If your name appears French, people will default to the French pronunciation.

[@bromack3]

Here is my opinion on the debate of capitalism vs communism. Capitalism and free markets are not the "perfect" system. It never has been and nobody has ever said such a thing. But its a helluva lot better than anything else. And the only other alternative is communism/socialism or government controlled societies. Its been proven time and again that free markets advances societies much faster than any type of collectivist behavior. Just look at how fast we have improved cell phones from being lunky 12,000 devices to a 10 dollar phone anyone can obtain. So you probably wanna argue the point of wealth disparities. Its like this, in a mixed economy of free markets and collectivism, wealth disparities are going to happen. No one can ever expect to obtain real wealth because of welfare. Your annual income is controlled by the government.

[@kimomgaming5778]

If I was an African American it would be an hounor to leave and go to Africa. They think it would be bad or boring but it’s twice as fun

[@midnighteye2737]

🤡

[@Aria-Invictus]

Diversity in Capitalism just mean you have exploiters who have different colors. As if that helps a community. Also since resources are limited, by implication, anyone who gets wealthy in the system means someone is getting poorer. For every action there is an equal and opposite reaction.

[@Curtis006]

Resources are artificially limited. Because it’s profitable to keep them limited. We destroy surplus food all the time to raise the cost.

[@Aria-Invictus]

@@Curtis006 There is a natural limitation to all resources, but Capitalists further limit those resources artificially.

[@Curtis006]

@@Aria-Invictus I mean, theoretically, but right now the much bigger problem is just inefficiency and waste, not that we’re actually hitting a cap on resources, at least not the necessity ones

[@Aria-Invictus]

@@Curtis006 There is no "theoretically" a limit on natural resources. It exists as a fact. There is only so much ore a manufacture can get and use at one time. Not just by buying the material - a limit on money, but mining it also. You need man power, and places to dig etc. This can be any resource except maybe solar power and wind but even then you will have cloudy and windless days. It takes time even for natural resources to develop also.

[@its_mil_4816]

@@Curtis006 scarcity is innate. one cannot escape that

[@grams5861]

According to The Associated Press, a lawmaker in Nevada is suggesting we allow big corporations to create their own towns with the right to create their own laws. 🎼 I owe my soul to the company store.🎶 Capitalism at its worst.

[@grams5861]

@KZbin Moderator 😂My family has lived in the Chicago area for 150 years. Several of my relatives worked in the railroad industry. I own a vintage train depot ticket booth full of vintage tickets and old schedules. I am fully aware of the history. There is more to learn than what the Pullman Museum has to say.

[@derp8575]

I'm fine with that except for the laws. Company rules are fine.

[@docwolfe77]

Quite the mental gymnastics to advocate this nonsense.

[@darnellpowell6212]

Insanity, without capitalism my grandparents would have never made it out of the south

[@ErutaniaRose]

Capitalist ideals of property and farming that lead to the choice to create and continue slavery are why they were in the south in the first place. Was slavery a necessary choice for capitalism? Not the way it was done, but yes. Slavery is still very alive and well today with the prison industrial complex. Government officials in Texas have openly admitted that without unpaid or low-paid labor from prisoners that their economy would literally collapse. It's still happening, it's just more sneaky.

[@holstonmatt]

that most likely because of the civil war and not the system tho

[@VentureHolly]

“Without feudalism, my peasants ancestors wouldn’t have met and I wouldn’t be here! We should totally bring back feudalism!”

[@arcajeth626]

We havent had capitalism in a long time, this is a corporatist economy.. Corporatism basically holds the ankles of the poor and shakes them for all their worth and given the structure of our society outside the economy, this does affect POC at a lot larger percentage. We shouldnt be arguing that all races should be shit on in the same manner, we should be arguing for no shit on any race.. Careful not to leave allies out of the fight by denying the problem is only race deep..

[@SuperJK-Man]

There needs to be a balance of Socialism and Capitalism, and it’s called a Social-Capitalist. It can be done, but when extremes of each side are not willing to sit and break bread together, we can not achieve peace and harmony. Just open your mind !!!

[@NhanNguyen-pp6yw]

I think the socialism like China or Vietnam is the best model that western countries can practice

[@SuperJK-Man]

@Christoffer Aguilar after researching Social Democracy, it’s very similar to Social Capitalist. The reason Social Capitalist would be better is because capitalism encourage people to create growth (inventing/Start Up) which why America has been a leader in many sectors like technology.

[@berniethekiwidragon4382]

@@NhanNguyen-pp6yw Unfortunately, it comes hand-in-hand with authoritarianism. Theirs is more really socialism. The objective is not sustainability, but control, especially in China's case.

[@derp8575]

The problem is you can't really balance it. Eventually the state grows and your liberty withers away.

[@derp8575]

@Ojama Yellow Those discussions aren't allowed.

[@mattmccullough1093]

All innocent and unarmed Black lives matter.

[@markchase4513]

I thought everything is racist. We shouldn't even be discussing it because it racist. Only thing not racist are racists.

[@rafaelc.s3326]

Saying capitalism is inherintely racist, sounds quite ignorant to me. Just because some people make use of it in a bad way, It doesn't necessarily mean it's bad. Capitalism is an economic system that enables every person to have success by creating value for society while making a profit. Even socialists, who hate big bosses, could be one.

[@emmanuelhtrevino]

Literally everyone cannot be a boss. That's not how the system works. Capitalism needs by definition a larger pool of workers that owners. Thereby accumulating most of the wealth in the hands of the few

[@IzaakCha7]

A few shitty rap songs and twerks and you can be a multi-millionaire in the US under capitalism. Don't let your dreams be dreams.

[@NoahBodze]

The US is not capitalism. Central banking, graduated income taxes, minimum wages and prices, state control, excessive regulations, coerced government relationships, etc. That's not capitalism. America hasn't been capitalist for about 100 years, at least. We have more open markets than others, but we are not capitalist.

[@_Amarin]

@@NoahBodze What are we then? This gotta be good🤣

[@NoahBodze]

@@_Amarin You’re going to show me you don’t understand economics, aren’t you, stupid? You probably say “state capitalism” unironically, don’t you, stupid? Some idiot once told you “capitalism = opportunism” and you weren’t smart enough to challenge the premise or go to the source.

[@NoahBodze]

@@_Amarin Tell you what, stupid - Google “Fabian socialists.” Check out what they wanted in 1900 and compare it to what we have now. THAT ought to be good, stupid.

[@whoami4558]

@@NoahBodze we are number 12 on most capitalist countries..are you saying we are a mix capitalism and socialism? Im just trying to learn and understand

[@ILaunchNukes]

**USSR ANTHEM PLAYS**

[@NiteStorm324]

True

[@willk8687]

It is a class issue as opposed to a racial one.

[@amalsinkarina447]

i agree with you to a certain point, however, the unfortunate truth is, due to inherent biases, most white socialists are more likely (even in small amounts) to prefer fighting for the white worker than the black worker, because the black worker has more stacked against them, and the white socialist identifies more with the white worker

[@Curtis006]

@@amalsinkarina447 true, and this is why we need active socialists of every color to resolve these conflicts and advocate for their community. A socialism for just the white working class is incomplete, to say the least. If needs be, it must be interrupted and unified with racial justice.

[@genieglasslamp5028]

It can and is both. Prime example the black panther party had free lunch and breakfast for all poor kids. Hoover hated the fact that they were doing good in their communities. One of our primary aims in counterintelligence as it concerns the [Black Panther Party] is to keep this group isolated from the moderate black and white community which may support it," Hoover wrote on May 27, 1969. "This is most emphatically pointed out in their Breakfast for Children Program, where they are actively soliciting and receiving support from uninformed whites and moderate blacks." By November, the Panthers reported that the program had spread to 23 cities. Between 1969 and 1970, the party claimed to have distributed free breakfast to 20,000 kids.

[@kidofflint8812]

Fred Hampton warned us about this and the panthers and du bois

[@kitfisto6345]

"Its not a system of opression just cause your bad at it" -wise words from ancap

[@eugenelubbock5478]

People should not be forced to play a game that most of them will fail.

[@kitfisto6345]

@@eugenelubbock5478 just get good at the game. There is an insane amount of ways you can earn money if you get creative and start thinking outside of just "go to university, get job, get better job, get house, get married, get kids, retire, die" . Trust me it's a system that rewards being "smart". You have a phone don't you? A computer maybe? Just take something your good at and run with it no matter how much push back you get.

[@eugenelubbock5478]

@@kitfisto6345 again, most will either end up not moving from their economic class, or moving down. Most either fail or don't get anywhere. And also, it is clear that capitalism is one of the last things between us and stopping the climate crisis as multimillion dollar corporations are desperate to keep extracting oil, keep selling plastics and keep overfishing and using vast amounts of land for relatively few livestock.

[@eugenelubbock5478]

@@kitfisto6345 nice name tho

[@ThenDarknessFalls]

I noticed you missed Mr. Carmichael's most famous quote. By the way, aren't you funded by a country that... Ohhh. That's right. Makes sense now.

[@saikatbag3961]

Capitalism is the reason US won cold war. Capitalism is the reason US is the richest nation on the planet. You should rectify capitalism not abolish it and by the way you can't.

[@johncaze757]

Too much capitalism is just as bad as full blown socialism/communism.

[@JohnComeOnMan]

This is a ridiculous video. Get rid of capitalism and replace it with what? Socialism? That doesn't seem very wise to entrust all responsibility to an even smaller cadre of people. It doesn't appear you guys have thought this through.

[@scorpiusjones5436]

Props for even having this conversation, it can be very tricky to talk about.

[@nauidiver227]

Very hard to not sound like a victim collecting welfare. Yes I agree it's a hard topic for some

[@callumager537]

Watch Volitaire’s Ghost for a marvellous breakdown of why this isn’t the case.

[@louisgalfilla8427]

Capitalism means different things to different people. I personally accept we have different opinions why would i waste my time trying to convince people who havent got a clue about true values. I know there is no where for black people to be free of persecution i need to go to Africa so i can watch a football and feel welcomed and a part of whats is happening even though some fans are nice but i know where i dont fit in with their football traditions.

[@agad9783]

So what's the alternative solution to capitalism?

[@TheRealFollower]

Capitalism is simply choice. Anyone who tells you otherwise has no idea what they are talking about.

[@RavenStorm332]

no it's not

[@candidob8683]

This video is just fantastic. To pack so much economic ignorance into a 10 minute video is pure talent.... Capitalism is the free market economic system based on the work ethic, private ownership, innovation and entrepreneurship. The investment of capital, and production, distribution, income, and prices are determined not by government (as in socialism) but through the operation of a competitive market where decisions are voluntary and private rather than regulated and mandated by government (see, e.g., the law of supply and demand).

[@lenamaniork2383]

Prout is alternative to capitalism and communism

[@LEEboneisDaMan]

"I am a revolutionary. I am a proletariat. I am the people. I am not the pig. You got to make a distinction. And the people are going to have to attack the pigs. The people are going to have to stand up against the pigs." - Chairman Fred Hampton

[@davidbarber3821]

I hate that dude is playing him I'm this upcoming movie

[@HairFollicle]

I love how the human mind needs problems to solve other wise its existence is delegitimized and if humans are caught in a position where they solve all major problems the mind starts to create problems so it can solve them. Just shows how fragile we are and how we arent any better off than animals.

[@Xavier-kq9hp]

You’re one of them « everything is fine » people huh. That mind set is a privilege too many people can’t afford. ( socialism or capitalism aside )

[@HairFollicle]

@@Xavier-kq9hp very true

[@grammaticalchainsaw7318]

Im sorry where is everything "solved" and "fine"😂

[@aaron___6014]

Isn't it crazy? That's why people like the Amish are generally happier. We're definitely better off than animals.

[@HairFollicle]

@@aaron___6014 holy shit its been 2 years since i made that comment

[@losplus1050]

Work bro. You have two hands. You have a brain.

[@ismaelfreytes1106]

usa is not socialism or pure capitalism, usa is a mix economy system

[@saraa.4295]

No capitalism is not racist. But capitalism has no morals or fairness. The goal justifies the means. In capitalism everyone tries to extract as much from the system as they can whatever the means. Since it is a game played over generations, the disparity natutalky grows.

[@sp-leaks7935]

Idiot

[@Beantastrophe]

Capitalism is for those that have a desire to succeed on their own. The people that don't like it are lazy people that expect others to fund their laziness.

[@saraa.4295]

That is the greatest illusion of all...that any one "makes it on their own" everything we do is built on the generations before us, and we all always profit from those around us.

[@Beantastrophe]

@@saraa.4295 You can be your own self and live the life you want if you put work into it, and correct mistakes rather than throw pity parties and give up. Capitalism works very well while communism and socialism have failed many. Even communist and socialist countries know they need some capitalism to have anything.

[@saraa.4295]

@@Beantastrophe the country you live in, the school you go to, the money you have for first investments..all those factors are built on the generations before you. And capitalism failed many too..ask the homeless, the people still living in slavery or people in sweat shops.... Or the environment for that matter... I'm not saying we should change to communism, but maybe add some balanci g forces, that would make starting chances better for everyonr

[@nanoaged1]

Obviously, history proves this!

[@Nunyabusiness40]

You need a history lesson in Cuba if you think racism and slavery disappears under communism. It’s the government policy, not the free market. What a psyop

[@kiwikiwi2483]

Cuba, you forgot about Cuba

[@Sinaeb]

@@Nunyabusiness40 There goes the red scare once again, oh no a self claimed communist country that's actually just an oligarchy dictatorship is enslaving people so big companies can have even cheaper labour.

[@Kakashi75]

@@Nunyabusiness40 it’s wild how do you think anything the US has taught you about Cuba is true when Cuba and the US are literally enemies. Wtf would ever be the incentive of the US to be honest about Cuba?

[@Sinaeb]

@@Kakashi75 To justify keeping the embargoes

[@Slm99]

I would love to hear liberalism being mentioned once, also capitalism and socialism are not one sided they are fluid economics and can work together. Now I completely understand the history that capitalism has in America and how it works better for white people then people of color, with that being said I do believe that capitalism can work for everyone because it originated from working class people who were not sufficient with feudalism.

[@JoeyAfrika]

Are socialist liberals?

[@danielberg7644]

Explain to me how the Alabama bus boycott would have worked under socialism? If government is controlling the bus service you can't effect it.

[@SPACEMONKEY288]

Socialism isn’t about government controlling things it’s about the people controlling things. government control is planned economics. Both capitalism and socialism can have these policy’s.

[@danielberg7644]

@@SPACEMONKEY288 who decides what is controlled and by whom? The government.

[@SPACEMONKEY288]

@@danielberg7644 socialism is just a social democracy. Workers own there workplace collectively, one person one vote. the members of the workplace decide who joins they decide who should be management and who shouldn’t be. It’s pure democracy over the workplace. the workers themselves collectively organize there companies. (Worker co-ops) As for public planning The communities themselves would elect public planners they like, and if the people wanna use a governing force to collect these taxes to pay for these things then they do. This is how it works with both capitalism or socialism. State entity is its own thing. Socialism is about the community and the people themselves democratically structuring society and the workplace.

[@SPACEMONKEY288]

@@danielberg7644 under capitalism the people with the most capital decide these things. Aka “the owner class” The people work for these owners and the owners by the structure of the system are usually the worst of humans. Selfish, greedy, predatory people who monopoly the market and buy out there competitors.

[@danielberg7644]

@@SPACEMONKEY288 it's about control under both. Who decides who gets what? The people or the government? In what countries is socialism working?

[@JoshuaBrown-fd9yw]

This video needs all the likes. Also it’s amazing to me how many idiots there are down in the comments section who not only don’t really know what socialism is but are the real ones focused on the wrong things, like gaslighting (about race baiting that just isn’t there), and giving anecdotal evidence that’s somehow supposed to mean that ‘because this one black person is fine with capitalism, all or most are fine with it or should be. Believe me because I’m black.’ 🙄🤦🏾‍♂️

[@autdf]

Great comment. I imagine if these people listened to the contents of this video and sought to understand it then their tune would quickly change.

[@analyticalmindset]

Yes people are dumb and it's endlessly frustrating

[@thegreatboi8357]

Whot

[@Filipios35376]

The google definition of capitalism is: "an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state."

[@ErutaniaRose]

Guess who the private owners are. White racists. (Who are also very sexist tbh) I say this as a white person btw.

[@jzk2020]

The best solution is a mix of both capitalism and socialism - i.e For profits co-ops, not state owned businesses.

[@jzk2020]

@Christoffer Aguilar Hmm... No, I said for profit co-ops. What you're talking about is more about how government is ran, nothing to do with economics.

[@paulomilan515]

That's why we need reparations

[@LaDeeDah]

Black men have created so many mixed babies, how will they even know who t.f to give it to

[@Infamous...Socialist]

Capitalism has to go first...

[@paulomilan515]

@@LaDeeDah That's true, it would defeat the purpose of reparations if it goes to the wrong half. However, you bring up a good point, like maybe the reparations should be concentrated on black women. Let's get the momentum going then we can better figure out how to do it later.

[@starrattmaster]

@@Infamous...Socialist then the country can be just like Zimbabwe. That went well didn’t it

[@electroskates2434]

🤡

[@Kakashi75]

It is inherently racist. It was built on the literarily bodies of our ancestors.

[@davidbarber3821]

SO TRUE AKH

[@AaronGuest]

No it's not, and everything you said is a lie.

[@Kakashi75]

@@AaronGuest 😂😂😂😂 head ass. You’re basically saying “I can’t trust that you accurately know what you’re talking about even though it’s your own experiences.” Man gtfo before I block you 😂😂😂😂😂

[@penguintaco9038]

Then abolish private property, private business, private education, private everything. Have everything controlled by the collective. That totally works long term 🤣

[@Kakashi75]

@@penguintaco9038 I’m glad you understand 😁

[@coolbasedgigachad6820]

true

[@chrisaguilera1564]

What does it say about victimization? If you are brought up to believe you are a victim than you become that victim which spreads out to the community. You can use capitalism instead of it using you. The people who feel powerless against a system that indoctrinates people of all colors to believe that they play the role of finding a job, stay there for 20 years and collect a pension. The lucky few who do this are mostly white people while people of color struggle more because those jobs are less accessible but capitalism is not comprised of one color, the whole world uses it based on their ambition and thirst of one day making it. Not everyone has this mindset because they are conditioned to believe in one way of life but there are examples all over business, entertainment and music industry of people of color who succeeded because they wanted it badly enough. If socialism is the answer than what will get is a bland grey society where hard work and ambition have no meaning.

[@EggEnjoyer]

“If socialism is the answer than what we’ll get is a bland grey society where hard work and ambition have no meaning”. I swear every critique of socialism is actually just a critique of capitalism. In capitalism, there exist almost no social mobility. The number 1 determining factor for success is the amount of wealth your born into. You can actually literally guess how success someone will be by looking at the zip code in which they were born in. Most poor people are born and die poor, rich are born and die rich. So it is under capitalism where hard work does not pay. As for boring and grey, again capitalism. Most industries are dominated by just a few companies. Small businesses aren’t even given room to exist because they can’t compete with large corporations. Entire towns have been killed off and malls are dying because they can’t compete with Walmart and Amazon. Our media is owned by like 3 or 4 different companies. It isn’t a victim complex. Just acknowledgement of reality. I guess you still refuse to see reality

[@zendragallhauser5056]

Many European countries have social market economies! Imagine a power sharing agreement between workers and corporations! Every year union leaders and industry executive meet and discuss wages and workers rights!

[@sandranosocialism1780]

I loathe European government

[@zendragallhauser5056]

@@sandranosocialism1780 that has nothing to do with the government 😂 Union leaders and business executives or business owners aren’t the government

[@Kakashi75]

They literally have policies that intentionally exclude North Africans from participating in economy and in education they are built on the exact same type of stuff our country is built on the only difference is it looks better because they’re at home situation is cleaner.

[@Kakashi75]

@@zendragallhauser5056 it does have to do with government because there are regulations that prevent those business owners from acting the same way business owners are here in America act.

[@zendragallhauser5056]

@@Kakashi75 ah I see your point now! Yes the real problem is, that those policies don’t go far enough and that they don’t benefit certain people enough!

[@tracyclark7560]

As Prof Angela Davis points out, Capitalism troubles many a society, and to me: that should be studied--on how and what happened to overthrow (it is apparent, by these conversations that somebody did)..(come clean, be honest) provide US with detailed information as it pertains to capitalism structures and outcomes, and desires to orchestrate, destabilize South American, south of the border--as any other opposite vision relates to U.S.A. Enquiring minds, like mine would want to know. Yay Angela Davis (I love her so much).

[@bromack3]

Yes but, Ms Davis is politically and economically a Marxist/Communist. She studied under an avowed marxist Herburt Marcuse at brandeis. Obviously, she stands on the side of Marxism. I would "never" expect Ms Davis to give an "objective" opinion on free markets or capitalism. Here is my opinion on the debate of capitalism vs communism. Capitalism and free markets are not the "perfect" system. It never has been and nobody has ever said such a thing. But its a helluva lot better than anything else. And the only other alternative is communism/socialism or government controlled societies. Its been proven time and again that free markets advances societies much faster than any type of collectivist behavior. Just look at how fast we have improved cell phones from being lunky 12,000 devices to a 10 dollar phone anyone can obtain. So you probably wanna argue the point of wealth disparities. Its like this, in a mixed economy of free markets and collectivism, wealth disparities are going to happen. No one can ever expect to obtain real wealth because of welfare. Your annual income is controlled by the government.

[@ChopinIsMyBestFriend]

@@bromack3These people need to hear this. Dear Lord it’s getting bad. I’m glad there are informed people like yourself.

[@GeorgWilde]

Corporation is intertwined with the state and it is presented as part of the "public good".

[@harshithsadhana7475]

in the 2018 movie BlacKkKlansman, john washington played a role of a undercover agent to attend the blackpanther meeting

[@AT-gu8by]

What has that got to do with anything?

[@derp8575]

@@AT-gu8by Well at least it's true. So you learned something. The only thing you'll learn from this KZbin video is....well...nothing.

[@n3ff848]

yeah, let's try Communism again! I bet it works THIS time!

[@LCliffhanger]

Exactly, Algeria, Burma, Cambodia, Cuba, Laos, Vietnam, Afghanistan, Albania, Angola, Belarus, Czechoslovakia, East Germany, Ethiopia, North Korea, Poland, Romania, Venezuela, China and the Soviet Union were just doing it all wrong, they never really understood Marx as well as we do!

[@atedinahalf6288]

@@LCliffhanger But ma feelings etc etc etc. Ya know?

[@kitfisto6345]

It hasn't been tried on a small space colony yet, maybe then it will work

[@scienceium5233]

No let's do right wing facism again ! Yaaah !

[@Infamous1892]

Yea the last hundred times don't count.

[@ObviousOfTheMaster]

For those of you that don't want Capitalism. Just compare South Korea and North Korea. Same People, Same Resources, Different Ideologies.

[@chibabambizi1838]

Capitalism or communism will not freedom black community black people needs independence from the western world and eastern and look forward building Africa to superpower economically and military power as United states of Africa

[@EclecticoIconoclasta]

The racial issue has its specifc features but after liberal anti-discrimination laws have showed they cannot fix the problem anymore that means that mostly economic redistribution is needed to help the black population in the US. The problem there of course being that the Democratic Party is commited to liberalism and so it cannot enact the redistributive measures needed such as medicare for all (something all the rest of the developed world has), free college, ending colege debt, massive infraestructure and community build up to create jobs and of course to finance that requires ending the military industrial complex. The two parties in the US agree againts those measures and so the measures needed now for the improvement of the quality of life of blacks and the rest of the working population are beyond the current bipartisan monopoly of politics in the US