*Insert original comment here* I can't think of anything witty or interesting to put here
@demonicturtlegang25336 жыл бұрын
REEEE NOTICE ME
@codyhernandez7916 жыл бұрын
Senpai Cody
@TheStellaSkeleton6 жыл бұрын
KnowledgeHub Boom bada boom baby
@monkofdarktimes6 жыл бұрын
Hi Cody and Tyler
@EmperorTigerstar6 жыл бұрын
And now they do the same things but make sure the labor is in other poor countries so we don’t have to look at it.
@scruffyea40626 жыл бұрын
Lucas Well if the Europeans hadn't interfered in Africa and Asia and set up shitty governments then they wouldn't have that problem.
@michaelmoore40436 жыл бұрын
👏
@Randomguy-wd5lw6 жыл бұрын
governement that were controls by corporation and monopoly
@kady59916 жыл бұрын
And while it's there it's especially tolerable for us as consumers, as long as we get our decently priced consumer goods at the cost of horrible mining practices in Africa and horrible production lines in China. EDIT: "The Ones Who Walk Away From Omelas" is fantastic reading relating to this subject; Prosperity at the expense of suffering of a few.
@Leo-vr3bg6 жыл бұрын
Therefore we implement tariffs securing domestic industry and help workers by actually implementing government restrictions.
@ishouldfindagoodname24165 жыл бұрын
Guy: Sir, the president was shot by an anarchist. Industry titan: Oh my! And who’s the president now? Guy: *Begins to sweat nervously* Industry titan: “Who’s the president?” Guy: *looks at the floor* Industry titan: “WHO IS HE!?!?!?” Teddy Roosevelt breaks into the room and begins beating the shit out of the industry titan
@FrancescoDondi5 жыл бұрын
The fun part is they had no idea he would be in any way remarkable as president. Isn't it even better?
@petrusandersen1985 жыл бұрын
The vice president.
@Oldskoolguitar5 жыл бұрын
With a stick
@ishouldfindagoodname24165 жыл бұрын
BogusMojo No. He uses his fists like a man.
@connork97455 жыл бұрын
@@ishouldfindagoodname2416 His fists are sticks! Giant meaty sticks of muscle!
@midnmusic22176 жыл бұрын
"The gentle laborer shall no longer suffer under the greed of Mr. Krabs" -Squidward, communist revolutionary, 1917
@lilyg87346 жыл бұрын
MidN Music I like this
@Dennis-E926 жыл бұрын
colorized
@magnusm46 жыл бұрын
Right from the greed of a capitalist who doesn't care for health. To the greed of a communist who holds your family hostage and either kills you for treachery and your family or imprison you and your family for terrorist actions against the communism by not meeting inhuman insane standards and goals
@parthiancapitalist27336 жыл бұрын
magnusm4 OMG IKR, my dad for some reason supports communism, and says capitalism leads to state collapse lmao
@zackakai51736 жыл бұрын
When conservatives get so triggered they start arguing with Sponebob quotes. Then again these people also supported bombing the fictional country from Aladdin just because it had a vaguely Arabic-sounding name, so maybe they're not too bright.
@JacF67343 жыл бұрын
The only difference between the Robber Barons of the past and the Robber Barons of today is that the Robber Barons of the past were at least honest about their unethical business practices.
@Khajiidaro2 жыл бұрын
And they didn't try to hide their blatant bigotry behind social justice.
@Ttegegg2 жыл бұрын
Sounds normal
@horsepowermultimedia2 жыл бұрын
The robber barons of today are Bill Gates(Microsoft), Jeff Bezos(Amazon), Tim Cook(Apple), Mark Zuckerberg(Facebook), Sundar Pichai(Google), and Elon Musk(Tesla).
@BlueTyphoon20172 жыл бұрын
@@Khajiidaro wtf does that have anything to do with this? The hell you talking about?
@christosgiannopoulos8282 жыл бұрын
And cared about the quality of their products
@martianemperor51376 жыл бұрын
Does video on the evils of communism : labeled capitalist propaganda Does a video on the evils of capitalism : labeled communist propaganda
@historicalman18176 жыл бұрын
You know you done good when both sides hate you
@savagesandwich97426 жыл бұрын
Go back to your shit movie.
@theforcedmeme6 жыл бұрын
the ole catch 22
@Chaosdwarft6 жыл бұрын
Because most people learned their political science from 10 min video on KZbin. They are too lazy to read the classics, just join a "side" that they think is cool like the sheep people they are. Also don't forget all those conspiracy theorists that think they hold the key to understanding the universe.
@espurr40436 жыл бұрын
smh at people that still think communism or laissez faire capitalism is still relevant in today's world. Why do we even still have these debates?
@solinvictus87696 жыл бұрын
How people dealt with workers going on strike in the 19th century: 'Sir! The workers are rioting again' 'Bloody hell... call in the mercenaries.'
@OCinneide6 жыл бұрын
The US military actually bombed miners who were striking, they brought in bombers and fecking bombed them! en.wikipedia.org/wiki/West_Virginia_coal_wars
@WolfclawTheGreatwolf6 жыл бұрын
They still did that in the 1920-30s when Henry Ford basically hired the mob to fuck up his workers protesting his horrific working conditions
@ericblack22526 жыл бұрын
Is anyone entitled to a job? Could they just no go work elsewhere? Do you understand where benefits came from? It was the LACK of finding working.. No longer was "money" something people cared about.. but days off.. healthcare.. retirement.. that was something they could offer AND keep wages down. It would of be GREAT if we didn't allow bankruptcy from businesses. Now you have to government trying to force benefits and high wages.. In what world does that seem right? If you don't feel like working for what is offered.. Don't take the job.. if others DO take that job, don't cry because you wanted it.. just at a higher rate. EDIT TO ADD.. THIS is why bringing in immigrants into the US is bad. No longer are citizens able to "not work" at low paying jobs.. because immigrants come in and do that job for less because it was more than they could of made back in their own country. It's so epic to see the left's position in all of this because they are truly harming the causes they speak for by caring about EVERYTHING.. this is TIED to each other.. You can't have both unless you truly want socialism.. but no SOCIALIST nation would EVER let in immigrants.. because they would could a negative effect on the market.. WONDER WHY OUR MIDDLE CLASS IS SHRINKING!?
@aleksandaratanasovic88356 жыл бұрын
@@ericblack2252 You do know there are laws regulating that? Immigrant can't work for less if there's a treshhold. Your country woudn't exist without immigrants be grateful we still want to come.
@thatoneguy331986 жыл бұрын
+VHSAlien You idiot. You don't have to work for him. Sounds like you would have rather just whined about it while your children starved, instead of actually working.
@methatis30135 жыл бұрын
And all just cause one dude had a boat
@goofygrandlouis62964 жыл бұрын
lol
@fuzzyhair3214 жыл бұрын
@@No-hf5xb not free at all, look at the current captains of industry. Look no further than Disney
@alisona.41664 жыл бұрын
And it ended with another dude losing a big ass boat.
@cmarley3144 жыл бұрын
@@fuzzyhair321 Doesn't "free" mean "without govt interference" in this context? Disney is a product of beating competition given no big restrictions.
@fuzzyhair3214 жыл бұрын
@@cmarley314 oh yeah support monopolies. We all played the game
@DissociatedWomenIncorporated4 жыл бұрын
"Then militias are brought out to ease tensions" is about as hilariously inappropriate as "then clowns and strippers are brought out to make the funeral more dignified and solemn".
@MadMax223 жыл бұрын
Shoulda just said Sending in the clowns but it might’ve gone over some peoples head. And yet the song Send in the clowns is dignified and solemn lol.
@lukemimnagh41852 жыл бұрын
This is a surprisingly accurate and yet awkward simile
@richardprice59782 жыл бұрын
the pinkerton's were turned into the government and FBI so there still around in 2022 ( probably continued control by some 🧢's but that's speculation and not facts that i can back up ) yep there back in 2022 🧢 capitalism untrained is great isn't as history repeats itself again 😑🤑 and next is NGO's run by these people so they control the narrative instead of worker's compensation and rights and government-representing
@richardprice59782 жыл бұрын
@FWD: 7 been done before as well as the FBI parts of the reason i still wondering and rumours about the FBI being used as a corporate/elite-class tool to some extent inappropriately and not a justice department/tool only
@afterdinnercreations9362 жыл бұрын
I could see paying for clowns and strippers for a funeral. Give something to cheer people up, especially if its at the behest of the deceased.
@enchantingdan34494 жыл бұрын
Standard Oil: *has 90% market share* Google: *has 87% market share* Yeeeaaah, honestly not much has changed
@leonsjoseph71074 жыл бұрын
This is a poor argument you have the choice, but nobody uses bing because it's terrrible
@kagsly66214 жыл бұрын
@@leonsjoseph7107 So we don't really have a choice then do we?
@comrat98054 жыл бұрын
Leons Joseph people had the choice back then too, they just used the monopoly because they could have prices unbelievably low
@lostbutfreesoul4 жыл бұрын
@@comrat9805 , It is only while the monopoly is being constructed that the prices are low. Soon as the monopoly is in place, those prices will rise to recoup the losses that went in creating the monopoly....
@lostbutfreesoul4 жыл бұрын
@@kagsly6621 , Seems the quality of choices do not seem to matter to some. I concur though: A bad choice is no choice at all!
@naorpoled31155 жыл бұрын
>When your neighbour cuts his grass and a blade falls on your lawn, thus violating the NAP, so you get in your A-10 Warthog and strafe his house, killing his entire family.
@JoseJimenez-sh1yi5 жыл бұрын
Naorpoled STONKS
@joelholmes12605 жыл бұрын
No, that is how GOVERNMENT police & military operate.
@joelholmes12605 жыл бұрын
Isn't this just like the US "invading" Northern Syria & Iraq, in order to "avenge" the Kurds (a group most Americans CANNOT even identify, much less identify with)?
@savedsinner4875 жыл бұрын
@@joelholmes1260 No, Clinton wasn't elected... Go back and listen to Putin's words right before the 2016 US presidential election (or, you might be exactly correct).
@nielsdevries54494 жыл бұрын
#relatable
@noahsherwood24455 жыл бұрын
Fun fact: the Pinkertons still exist and they didn't like how they were portrayed in RDR2.
@neroblack27044 жыл бұрын
What are they gonna do, send in mercenaries?
@nicanornunez97874 жыл бұрын
They would like the way rockstar make work the shit out of those nerds to make the game.
@killergoose76434 жыл бұрын
They also sued Weezer for using the name Pinkerton, lol
@ytcorporate92374 жыл бұрын
Wow, it's as if it's a game! Next you're going tell me that movies are not completely accurate too!
@watermelonhead80544 жыл бұрын
@@nicanornunez9787 lmao
@alanr69534 жыл бұрын
That moment when you believe corporations have too much power, so you give them more power because they promised they wouldn't abuse it this time.
@MrMarinus183 жыл бұрын
Well actually it's usually giving companies responsibility.
@johnmccrossan9376 Жыл бұрын
I mean they did pinky swear this time, you can't argue with that
@pleb36616 жыл бұрын
UH OH BOYS THIS COMMENT SECTION IS GOING TO BE GOOD
@Idontuploadhereanymore6 жыл бұрын
Pleb Grab your popcorn and enjoy the show
@darnit19446 жыл бұрын
Bring your hazmat suits to shield against the worst toxic materials. And when i say hazmat suits, i mean your safe space
@bkr18956 жыл бұрын
It is getting sloppy up in these comments
@darnit19446 жыл бұрын
@@bkr1895 Freddy, my boy, didnt i tell you to stay away from those Übermensch things?
@somebodythatyouveusedtokno96045 жыл бұрын
Here comes the communist fans
@owenbenson80825 жыл бұрын
“Power concentrated is power abused” -George Washington
@sethramirez60085 жыл бұрын
"I find your lack in faith disturbing" - Darth Vader
@sergiowinter53835 жыл бұрын
George Washington had concentrated power being the president
@huntermckee30935 жыл бұрын
Sergio Winter the perfect man to explain it then isn’t it?
@TBFSJjunior5 жыл бұрын
@@sergiowinter5383 And chose to give it up by not running for president again, which he would have won easily! Some are of the opinion that he could have become a king if he would have chosen so.
@sergiowinter53835 жыл бұрын
@@TBFSJjunior He was a mix of Roosevelt chadism with a greek philosopher mentality then
@Alex06CoSonic5 жыл бұрын
1:08 "But let's not get ahead of ourselves" *is literally a head of himself*
@dejandejan60035 жыл бұрын
Underrated
@abandonedchannel729295 жыл бұрын
Ha ha ha h-no
@我恨我自己4 жыл бұрын
Dejan Dejan Underrated, just like you
@downbad_gamerz51362 жыл бұрын
lol nice one
@kuhataparunks5 жыл бұрын
You narrated literally the entire curriculum of some college history classes,thank you so much
@fatpotatoe60394 жыл бұрын
That is sad
@ESDecaf04 жыл бұрын
@@fatpotatoe6039 US Colleges are garbage, the entire value of an education is the piece of paper you get at the end.
@friedlemons52014 жыл бұрын
This is so sad. Alexa, play Despacito
@Cnut_the_grape4 жыл бұрын
@@ESDecaf0 in this case it's not just the US. Schools around the world tend to be rather slow. Not every nation can be like Finland or Australia.
@joshuajoe14194 жыл бұрын
Yeah but he was mostly glossing over things as this is a summary. This is for fun but never use this for official research.
@sammorris95406 жыл бұрын
I mean the East India company had a private army twice the size of the british army at the start of the 19th century and controlled around 70% of the world's trade as well as essentially ruling over the whole of India
@georgeharrison57536 жыл бұрын
THANK YOU! Every libertarian says if the government didn't exist, nothing like this would happen and totally forgets that no government just means private armies.
@atm19476 жыл бұрын
@The Media Norman you got sources for that, buddy?
@jtr73776 жыл бұрын
It did not help that their main competition was the VOC, which had a similar business model.
@fabio118266 жыл бұрын
I'd rather live under the East India Trading Company than most governments today.
@germancarranza2366 жыл бұрын
@@georgeharrison5753 Most libertarians aren't anarchists lol
@afreeman56606 жыл бұрын
“The Senate will decide your fate” -Sherman Anti-Trust Law “I am the Senate” -The Capitalist
@matitigamez52856 жыл бұрын
*Croney Capitalist
@thefool82246 жыл бұрын
"i bought the senate"
@kinga63476 жыл бұрын
Not. Yet.
@origionalwinja6 жыл бұрын
in other words the people own the means of production and the government in a capitalist economy
@jonny64796 жыл бұрын
It's treason then.
@pathosofmine5 жыл бұрын
The ancaps have prepared their recreational nukes
@emilygordbort73005 жыл бұрын
i was thinking the exact same
@hyper43065 жыл бұрын
When someone trespasses your property so you hit them with a recreational McNuke and enslave their children
@commendedzuez09445 жыл бұрын
@@hyper4306 Not an Ancap but that's a huge strawman.
@hyper43065 жыл бұрын
@@commendedzuez0944 the point of the comment was to be a strawman
@thechicken59395 жыл бұрын
AlletoBall Tactical mcnuke
@matthewjanney23995 жыл бұрын
"creating the crisis that ruins the competition just to buy the competition"...soooo amazon?
@SlapstickGenius233 жыл бұрын
Possibly yes..
@Yixdy3 жыл бұрын
@@SlapstickGenius23 no, 100% yes lol. Amazon does a lot of evil shit
@MrSuperbeast926 жыл бұрын
Capitalism has leveled up. Capitalism has learned *Monopoly*. Capitalism is Evolving. Congratulations. Capitalism has become Corporatism.
@saeedbaig42496 жыл бұрын
Fuck go back
@amandag.61866 жыл бұрын
@@saeedbaig4249 no keep going
@joy_gantic6 жыл бұрын
It's still capitalism
@p.a.52546 жыл бұрын
You realise corporatism is organising the entire economy into industrial bodies right?
@maritzaroman31476 жыл бұрын
Is okay to seize all means of production if a monopoly is doing it.
@colemangreen68955 жыл бұрын
Fun fact, the anarchist who shot Frick wasn't just some anarchist. He was teenaged Alexander Berkman, who became one of the leading figures of Anarcho-Communsim later in his life. He wrote the 'ABC of Anarchism'
@rachelslur87295 жыл бұрын
Communists are authoritarian. That's not anarchy.
@mastermarcon83115 жыл бұрын
Read some books sometime my dude. Anarchism is the original socialism. Look up Kropotkin, Proudhon, or Bookchin. Voluntary communalism.
@davidespanti5 жыл бұрын
@@rachelslur8729 Stalinist communism it's authoritarian, but it exists also the ideology of anarcho-communisms. Marx himself stated that the final form of communism it's the dissolution of the state. The political spectrum it's way larger than you think
@rachelslur87295 жыл бұрын
@@davidespanti If communism/socialism/ancom in best, then failining governments would be adopting parts of it out of necessity. What we observe instead is Venezuela, USSR, North Korea, Cuba adopt parts capitalism out of necessity.
@davidespanti5 жыл бұрын
@@rachelslur8729 ok, so, two major things: 1. I never said communism is the best ideology 2. You know that politics and economic theories are a broad spectrum on things that collide into each other? It's ALWAYS a mixture of things. When it isn't, it collapses (aka Soviet Union, for example). In the majority of civilised world we have something like free health care, but even in the USA there are unions, a progressive taxation and the general concept of "paying taxes to receive services". This is thanks to a kind of politic that it's not socialism, but it's influenced by it. In fact, in the majority of civilised world there are social democratic parties or social liberist parties that works with a mixture of capitalistic economy and socialism (and they do a great job, just look at Sweden for example). There are a lot more economic theories too, like Keynesianism or Monetarism. It's stupid to classify all range of politics just to capitalism and socialism. Try searching on Google "Political compass" and you'll see
@BrandonCuringtonOfficial5 жыл бұрын
*PragerU would like to know your location.*
@seamoose90395 жыл бұрын
REEEEEE Leftists
@nicholasleclerc15835 жыл бұрын
moose 1477 Eh, these KZbinrs dislike Google as much as the next guy
@Dennis-nc3vw5 жыл бұрын
The only reason capitalism became oppressive was because there were no anti-trust laws. As long as there is competition everything else works itself out.
@GrowtopiahackersPro5 жыл бұрын
Fuck you!
@liamsmith3315 жыл бұрын
@@Dennis-nc3vw that is at the very least a vast oversimplification. There is no nation with a capitalist economy that thinks allowing for real competition will just sort out fire protection or food safety for example. For some things a profit motive and genuine competition is best for the consumer but some things are incompatible with a profit motive. Private prisons come to mind or the misuse of civilians in the Iraq War. This isnt an ideological debate I'm trying to have. It's very practical, in some cases there are clear obvious conflicts of interest.
@josecolon72674 жыл бұрын
Those who don't learn from History are doomed to... ugh, too late :(
@michaeljohnangel63594 жыл бұрын
Those who DO learn from history are doomed to suffer from the actions of those who don't learn from history.
@Nahduriebbewksjdj3 жыл бұрын
@Martin Casinillo ecp
@GnosticLucifer3 жыл бұрын
Wdym? Knowledgehub ended video saying things are better now, we have learned from history and you gotta be pretty dumb to not realize that, no offense. It's like saying colonialism is coming back... But it isn't, it'll never, cause we have learned.
@benayasdebela11643 жыл бұрын
@@GnosticLucifer 🤨big tech, banking, universities, and big pharma all have massive influence and power over government, which they use to make policies that benefit them and screw us over. Things are better now, but if action isn't taken, they will get much much worse
@GnosticLucifer3 жыл бұрын
@@benayasdebela1164 True, but you're looking at it the wrong way. They have influence and power over gov because gov has influence and power over people, gov can indirectly decide what product you use specially above mentioned big tech, banking, universities and pharma. THEY SHOULDN'T HAVE THAT. The idea that capitalism leads to monopoly is a myth, literally every monopoly ever is one way or another supported by the gov. Capitalism isn't the problem, the influence gov which can easily be corrupted by money due to their dependence on money to win elections and govern is. We must take action to lower gov influence on these products and services. We should specially eradicate IP cause the creators of idea barely get any benefit, most of them are long dead while big companies are profiting off their ideas cause gov won't let anyone else use those ideas.
@agentwash15 жыл бұрын
Teddy Roosevelt looming over the monopolies: Bully
@victorviereck41175 жыл бұрын
@Vernon Roche Now where do I put the stuffed head of a winsdor.
@albert453able5 жыл бұрын
He bullied bullies of the workers.
@klevishida7405 жыл бұрын
@@victorviereck4117 im into fitness digging ditches through an isthmus.
@victorviereck41175 жыл бұрын
@@klevishida740 Rough riding down through cuba like WHATS UP BITCHES!!!
@jeffthevomitguy11785 жыл бұрын
Dapper Enderman why does every comment rhyme, you guys must be very good musiciians
@Warbird-fm9po6 жыл бұрын
-oil- *_lamp juice_*
@christhedrinkerofbleach.8226 жыл бұрын
Finally, first comment ive found here that I can agree with.
@pingu42386 жыл бұрын
*darkn't maker fuel
@baconbitz79376 жыл бұрын
Lämp?
@cpufreak1016 жыл бұрын
Car Drink
@hermeticdruid6 жыл бұрын
*moth salivates*
@Morgan423Z6 жыл бұрын
"But it's fun to look back now, isn't it?" No, actually it's quite horrifying.
@thechicken59395 жыл бұрын
Morgan423Z And how eerily similar it is to now
@naturegirl19995 жыл бұрын
I wonder if it can be fixed. Or is it too far gone. Do we need a reset? How do we prevent version 2 from having the same problems?
@martoncross36065 жыл бұрын
Yeah, now it’s big tech companies.
@thomastakesatollforthedark22315 жыл бұрын
Morgan423Z I say it’s beautiful
@dorkfish12755 жыл бұрын
Let's just get a bunch of roosevelts in power
@Crazywaffle51504 жыл бұрын
Every industry needs a union.
@ErikPT2 жыл бұрын
No, only certain industries. In today’s world HR is adopting a principal begotten by stakeholders theory but private enterprise is a different story
@markgrehan37262 жыл бұрын
It's a shame when some Unions become an industry though.
@nikolaievans2432 Жыл бұрын
In my state the beer unions were disbanded because they attacked and hurt the companies along with the economy
@stratinolampino Жыл бұрын
lol every union needs a union
@thundageon5962 Жыл бұрын
The video game industry is the easiest for unionizations because they want quality games
@michaelfowler27595 жыл бұрын
Me and my buddy Dutch killed so many Pinkertons, so so many Pinkertons.
@shandhi53915 жыл бұрын
Which film?
@festethephule75534 жыл бұрын
@@shandhi5391 Red Dead Redemption 2.
@atomisedman62354 жыл бұрын
@@shandhi5391 Game btw
@GandalfGreyhame6 жыл бұрын
No mention of how a British company was powerful enough to colonize the entire Indian subcontinent?
@tedarcher91206 жыл бұрын
Yeah, it was so powerful that it turned into a country
@rafaelcanovas39216 жыл бұрын
The Joker British Raj
@1lobster6 жыл бұрын
Back when Britain was cool! you know back before they're busy playing second banana to, Canada and fourth banana to the United states! poor pathetic Britain, your little more than a lapdog at this point! However the United States neglecting you has led to you catching a bad case of the migrants, cough I mean fleas
@alexturlais85586 жыл бұрын
Yeah it's a shame how its not mentioned very often. Hopefully he'll make a full video on the British East India Company.
@cornn90376 жыл бұрын
Just like the VOC in the Dutch east Indies.
@obitwokenobi98085 жыл бұрын
Complains about communism. Complains about capitalism. Perfectly balanced. As all things should be.
@raptorfromthe6ix8335 жыл бұрын
nah feudalism is pretty lit
@TheTheThe_5 жыл бұрын
@@raptorfromthe6ix833 We figured this out hundreds of years ago. No.
@raptorfromthe6ix8335 жыл бұрын
@@TheTheThe_ nah africa and other feudal countries were hyped af before european came
@lookbruhiaintgonnalielastw22825 жыл бұрын
RaptorFromThe6IX yes yes africa was paradise 💯💯
@SimplifiedFinanceSiFi5 жыл бұрын
Super Smash Revan So a social democrat?
@msoldate4 жыл бұрын
It’s more of an Oligarchy now, where companies get as big as possible for profit and investors but just barely out of reach from being labeled a monopoly.
@TheNoodlyAppendage5 жыл бұрын
Moral of the story, too much power in too few hands reduces profits.
@oneofmanyparadoxfans54475 жыл бұрын
The best way to make a profit? Competition. Brand loyalty will help, but competition can really drive up profits.
@TheNoodlyAppendage5 жыл бұрын
@@oneofmanyparadoxfans5447 That isn't true, cooperation is more profitable than competition. But only if cooperation is by all parties involved. when a subset of the parties cooperate to compete against the rest of the group, it drives profits down. When I say profits I am talking the increase in wealth (real profits), not the rate of transfer of cash from one party to another (false profits)..
@ryangriffiths35525 жыл бұрын
Revenue or utility makes more sense than profits here
@caviaporcellus72535 жыл бұрын
TheNoodlyAppendage I mean no one was complaining about Microsoft’s prices before they were split up
@angeloskoulas21575 жыл бұрын
@@TheNoodlyAppendageusually competition is better for the society and cooperation either can't be a long term equilibrium or will be in the form of a cartel or something so however profitable for the cooperating agents it usually is not profitable for the society as a whole
@dylancarroll46236 жыл бұрын
Ruining businesses just to buy them out, reminded me of a story I was told about a rich family or brothers that owned a large bus company and when they started up in a new place, to get rid of the local comparation they would sell their tickets for cheaper price than the smaller companies just too ruin them. Then once they were gone, they would increase the price to make a profit as they had another money to lose some profit so long as the comparation when bankrupt.
@0110-q6n6 жыл бұрын
That's not just a story. That's a real thing that has happened and continues to happen.
@Stand_By_For_Mind_Control6 жыл бұрын
Yeah how do you think Walmart ended up the megastore in every single town in the country? They have more small business blood on their hands than anyone ever.
@andrewj44266 жыл бұрын
Uber undercuts cab companies. In Miami Uber pool was cheaper than taking the bus. Recently they began rasing prices.
@rudaguimaraes96 жыл бұрын
it is not that good of a business model, they don't profit as much because they have to cover for the losses during the time they were running on low prices. You see, most monopolies and oligopolies in history were created by government intervention, for example the steel industry, which was helped by import tariffs.
@Stand_By_For_Mind_Control6 жыл бұрын
It's called a 'runway', queijo. And it's a pretty low-risk method of becoming a successful brood parasite.
@xvladdy59286 жыл бұрын
But hey! Capitalism has given birth to the most vital thing without which humanity would be dead right now: *ARTILLERY ONLY*
@HumeanPiano6 жыл бұрын
*ARTILLERY ONLY TIMELAPSE BEGINS*
@theethicalpirate18496 жыл бұрын
The only thing I hear is artillery blazing all over the iron curtain
@boxman90336 жыл бұрын
YES
@joshbrown58426 жыл бұрын
YES 👏👏👏👏👏👏👏👏👏👏👏👏
@darnit19446 жыл бұрын
In age of empires, Artilleries are the best.
@JesterAzazel5 жыл бұрын
What bugs me is how even market competition is bastardized and exploited. In fair competition, multiple entities compete over the same customers. In our current system, customers are divided up between companies. We see it in the gaming, and streaming industry (not to mention ISPs) with exclusives, companies are buying exclusive rights so they basically have a mini-monopoly on it, forcing customers to pay for several steaming services or gaming consoles in order to get a wider array of content. I think these companies should be competing based on innovation of the service. If Netflix, Hulu, and Amazon all have the same content, then we'll end up choosing based on the work the actual company puts into their website.
@20thcentury_toy4 жыл бұрын
All of that thanks to "Intelectual property"
@hectorvega6214 жыл бұрын
@@20thcentury_toy which was made worse by Disney.
@ehtresih9540 Жыл бұрын
The eradication of intelectual property laws is the first step to a better world
@xBruceLee88x5 жыл бұрын
That part about long shifts, little pay, and only 1 day a week off... That's my job
@dustinalbers81604 жыл бұрын
Mine as well. New America. Great country. God bless the usa.
@GenerationX19843 жыл бұрын
As a general rule, if you work more than 40 hours a week and your job pays less than $20 an hour you can pretend to work harder than you do. If you finish things too quickly the boss man just gives an unrealistic work load anyway with no raise, so working hard is pointless.
@fatfish20663 жыл бұрын
Your looking real sussy over there
@stephenjenkins79712 жыл бұрын
@@dustinalbers8160 Such a great country that people across the world would literally kill you to get your passport. Grow up. Improve things, but don't be a tool.
@stephenjenkins79712 жыл бұрын
@@shinryusaiha Which is why the US suffers by losing citizens to other developed nations, right? Oh wait, that's not the case. In fact it's the opposite. This in conjunction with a relative HDI kinda points to you being too brainwashed to take seriously. I ain't even saying the US is the best by any margin; just that it's pretty decent.
@Idontuploadhereanymore6 жыл бұрын
What if Capitalism used Artillery Only?
@skepticpunk_6 жыл бұрын
I believe we call that "diplomacy".
@sidneywoolf-hoyle31026 жыл бұрын
What is this, a crossover episode?
@benroberts84676 жыл бұрын
Genius! But what if Capitalism was ASMR?
@steelfist13056 жыл бұрын
The real questions are being asked!
@historialman6 жыл бұрын
Stop that’s a dead meme
@Hidfors5 жыл бұрын
Well, thank god we got that all sorted out! [Insert awkward silence here]
@thechicken59395 жыл бұрын
Victor Hyde Glances at Latin America and Africa on fire* Yup... all sorted out
@thomastakesatollforthedark22315 жыл бұрын
Victor Hyde we did.... except America whom now has Amazon and its issues
@stephenjenkins79712 жыл бұрын
@@thechicken5939 Latin America and Africa actually experienced the highest improvements in all of their histories, with absolute poverty, conflict, and violence decreasing drastically. If its on fire now, then it was a a giant dead crater littered with the remains of babies before.
@allisonkniech56804 жыл бұрын
Gilded age fits perfectly, if you lack at the economy as a whole and the richest 1%, it seems awesome (gold) but it's just a covering over the horrible reality.
@benayasdebela11646 жыл бұрын
Do a video about how Teddy Roosevelt took a bullet to the chest as he was about to give a speech, tells the audience about the wound, shakes it off, and continues to declare his speech for an hour! As he is bleeding!
@carlosbaba42165 жыл бұрын
Disney has definitely felt as if it were becoming a monopoly
@derorje20356 жыл бұрын
You mentioned the founding of Canadian unions and the labour day but one of the most important dates for the international workers movement you did not mentioned. Early May 1886 killed the police dozens of striking workers in Chicago (Haymarket riots). That's why the labour day is in the most countries on the first of May.
@MidlifeCrisisJoe6 жыл бұрын
That's not exactly correct. The first of May has been a spring holiday in most of Europe for a very, very, long time. Far before it ever got associated with labour or socialism. The most common tradition for a lot of these places was dancing around a May pole. And that is who associated May 1st with a labour day - Communists and Socialists. It was decided as the 2nd Workers International to co-opt the already existing spring festivals and add on a labor day with the express purpose of making it a Socialist/Communist holiday, not just a worker's holiday. Tellingly, the places that adopted May Day as a labor holiday (mostly in Europe and South America) are much more friendly to Socialist and Communist parties in general, while in the US, where Labor Day is in August, they aren't.
@CommonCider5 жыл бұрын
We make it seem so bad, that the corporations weren’t taking care of their employees, employees would work long and dreadful hours to make a decent living, etc. we tend to forget that’s still happening... and although working conditions are better- pay haven’t changed much
@tylermoore3975 жыл бұрын
Why do you wish to curse yourself by reading these comments?
@joemiller9475 жыл бұрын
I must cleanse my anger
@3bydacreekside5 жыл бұрын
I need a reason for genocide
@pathogen-hivemindthana40865 жыл бұрын
I think people are generally less maniacally evil than they're given credit for.
@vienlacrose5 жыл бұрын
I'm searching for my faith in humanity.
@sapphireblanche78235 жыл бұрын
@@DunmeriDrain Look to professionals and academics for knowledge, not KZbin comments lol.
@mateok87895 жыл бұрын
The saddest part is that people believe the abuses of capitalism have ended.
@hopp21845 жыл бұрын
Chase Cook Barely. Tell me what operating system your phone and computer have. It’s either IOS, Android for smartphone and macOS, windows or Linux for computer. Basically an oligopoly
@mateok87895 жыл бұрын
Chase Cook all that exploitation and abuse has simply moved from where it previously existed. What occurred in the gilded age now exists in other nations that are ruthlessly exploited.
@naturegirl19995 жыл бұрын
Brennus of Gaul thinking capitalism is bad doesn’t mean we think communism is good.
@Plasmon195 жыл бұрын
@@chasecook6994 That's not true, China's society follows the central power's "China model" which relies heavily on allowing private entities to essentially lease government assets for temporary usage. There's no real private property in china and this makes the society fundamentally communist since the Chinese govt can cease assets from individuals and groups without any real judicial process. This is part of the reason why china steals patents and gives them to their favored dummy corporations that effectively function as branches of the central government.
@napoleonbonaparteempereurd46765 жыл бұрын
@@chasecook6994 Not true. Many workers are still paid very little for long hours work, whilst the Boss makes the most profit. Many workers still feel unfulfilled in their work, knowing how expendable they are. Due to relatively high unemployment, some forms of labor are cheap, so workers can be done away and replaced easily.
@forshin53654 жыл бұрын
"Makes monopolies illegal" Wait but ive played monopoly
@bloodyraptor62514 жыл бұрын
@Stooven McStoovenson get out of jail free card
@ryanmcsharry94053 жыл бұрын
@Stooven McStoovenson --Bribe the jury--
@darnchacha16326 жыл бұрын
Triggered people on the left Triggered people on the right And here I am, triggered in the middle with you
@1lobster6 жыл бұрын
"Well of course you're just in the middle you're a furry, Ferrys are notoriously moderate!" I'm just being sarcastic there as ex furry, I know that curries are notoriously left-leaning that's why left the fandom there are too many dum-bass liberal snowflakes! That and all the weird disturbing fetish crap gave me nightmares! #BurnYourFurr
@Andrew-ri5vs6 жыл бұрын
When you own the libtards by saying “both sides” and nothing else.
@darnchacha16326 жыл бұрын
There is no left right or center, We're all just one big triggered whole.
@Mjkhh6 жыл бұрын
#1 lobster It’s a song he was referencing.
@Mjkhh6 жыл бұрын
Relevant Relevancy Who’s going to do it? Definitely not you.
@MrMarinus186 жыл бұрын
2:20 Well that is not strictly true. The technology that developed rail also went into developing steam powered ships. Which were not only several times faster than sail boats but also far more reliable. A sail boat could take between 1,5 to 3 months while a steam ship took just under 21 days no matter what the wind was. For a business predictability is important. Another big thing is that a steam ship requires a smaller crew which makes them cheaper to run. (Of course compared to today's ships the crew was still very large.) For the US though a big factor was that the Panama canal was not yet build. So with the west rapidly developing and the center of the US largely empty trains were the only way to bring goods from the East and Europe to the West. The building of the Panama canal greatly weakened the influence of the railroad companies.
@Zorro91296 жыл бұрын
You deserve a hundred times the number of likes.
@kjl30803 жыл бұрын
To build the panama canal we liberated a bunch Of people from a dictatorship, establishing a “democracy” then used… military force to threaten them into letting the construction began, yellow fever killing thousands of workers and damaging international relations
@MrMarinus183 жыл бұрын
@@kjl3080 Actually the US put a tremendous amount of effort into fighting yellow fever. It was what killed the French attempt a few decades prior as yellow fewer and other tropical diseases killed workers faster than they could be brought in. The Panama canal though was largely in the middle of nowhere so the militairy didn't really 'threaten' them into it. Most of the natives and settlers just left the Americans to it. I don't know of any relationships that were damaged though. Europe was the only area at the time worth caring about and none of them were hurt by the canal. Almost all trade between Europe and America remained the same and Europe's trade with Asia went through Suez like it always did. The panama canal really only majorly impacted the America's and most of the south-American nations were also happy with it. Even the people of Panama were happy as it was a major boost and made Panama the richest country in central America.
@kjl30803 жыл бұрын
@@MrMarinus18 Okay, I’m sorry for saying durr America bad, but I still think their method of building the canal was questionable at best
@SaraBearRawr03126 жыл бұрын
I think a good follow up to this would be how the players from this episode also met secretly to form the framework of the modern US banking system with the Federal Reserve which meant that they would ensure for the next 100 years that the banks, investors, and super wealthy still control, rather directly or indirectly, the direct state of the US and World economy through inflation and bank loans.
@johnblanchard53955 жыл бұрын
It's worth noting that there's a miniseries on the history channel talking about this stuff. The Men Who Built America is a 6 part series showing off the typical stuff: dramatic reenactments, portraits, references, ect. Jumps around from all of the people mentioned in this vid to others such as Edison and Ford. It's been out for several years at this point, and personally I love it. Would recommend
@Anonarchist6 жыл бұрын
The last job I worked was 12 hours a day 7 days a week. No days off, no holidays, no sick days, "salaried" that equaled less than minimum wage, so I quit and went to college. We currently live in a new gilded age.
@maxwellw706 жыл бұрын
No, sounds like you just agreed to a shit contract.
@ShidaiTaino6 жыл бұрын
maxwellw70 no we live in a new guilded age.
@Nico-ig1mr4 жыл бұрын
Just a reminder guys, companies pay less in taxes now than when they did back then. Let that sink in for a moment. Right now, it's worse
@fatpotatoe60394 жыл бұрын
What utter bullshit give me evidence.
@fatpotatoe60394 жыл бұрын
@@Nico-ig1mr That is an insufficient answer. Everyone knows they avoid taxes. The question is do these companies pay lower total tax sums than in the 19th century. Sounds unlikely. Let me be kind to your position; can you give me evidence that companies (which is so broad a term it doesn't just include the Fortune 500 master-evaders, but any limited liability business) pay an effective tax rate that is lower than they did in the 1870s to 1890s? Sounds unlikely. Show me the evidence, if there is any. If you can't, you have to admit that your statement is false and ought to delete it if you respect truth. Simple. No argument required - just show me the facts or retract your statement.
@thenorseman89644 жыл бұрын
@@fatpotatoe6039 What, is Nico a fuckin' mind reader? YOU asked a vague question and, I think, received a satisfactory answer. Talk about disingenuous -- that's your follow-up post here. If you had asked the "actual question" that you meant in the first place, maybe your gripe would be legitimate. Amazon paid no federal taxes on a billion dollars of profits last year, according to the article. How about this itep.org/4-3-billion-in-rebates-zero-tax-bill-for-60-profitable-corps-directly-related-to-loopholes/ then? Not only did sixty of the Fortune 500 companies pay zero taxes, they even got tax money *back again*. How about YOU showing that companies in the 19th century were able to pull that off. Sounds unlikely. And this past month, it's even worse with the most recent corporate giveaway bill (the Corona Virus Heavenly Loving Gifting To Humanity Bill or whatever nonsense they call this shite): around 800 pages, hidden within are RETROACTIVE TAX CUTS going back five years. That's right. A good portion of the working class gets a measly $1,200 one time payment, but the banks and corporations are forgiven taxes paid years ago, paltry as those taxes are in the first place. Name me ONE thing even close to what the corporations in the 19th century could have gotten or had gotten that reaches that level of evilness. Sounds unlikely.
@Nico-ig1mr4 жыл бұрын
@@thenorseman8964 r/murderedbywords
@Nico-ig1mr4 жыл бұрын
@@fatpotatoe6039 "As of 2019, the Fortune 500 companies represent approximately two-thirds of the United States's Gross Domestic Product with approximately $13.7 trillion in revenue, $1.1 trillion in profits, and $22.6 trillion in total market value. These numbers also account for approximately 17% of the gross world product" en.m.wikipedia.org/wiki/Fortune_500#Influence. Even if the tax rate was lower back then for smaller companies, it's lower now with the major companies who pay little to nothing in taxes, using tax havens, lobbying ect. The majority of the GDP is represented by the major companies. After 5 seconds of googling I found this: In 2018, 91 of the top fortune 500 companies paid $0 in taxes. Many others paid a small amount. Congress is corrupt and bought out, and dear leader isint helping to drain the swamp like he promised. In fact he filled it, and we can see it paying off in the stimulus bill. Like the guy above me said, if you wanted to de validate my argument, I guess you could compare the tax rates of all the companies now to before. However this is kind of like the oh, your a _, name every _ (hopefully you have seen it, otherwise Google it) meme. It would be a huge waste of time to do it, but I could. However I'm not the type to put that much effort into arguing over the internet, as either A, the person is usually just looking to fight and won't change their beliefs, or B, they will probably forget about it in a day or two, and the subject was probably pretty trivial anyways.
@filipkajmakoski84644 жыл бұрын
It wasn't just america... it was everywhere! *shows globe with just america*
@KDH-br6hy3 жыл бұрын
Lol
@leontrotsky92685 жыл бұрын
sees title COMRADES THE GENTIL LABORER SHALL NO LONGER SUFFER RISE! THE WORKERS HAVE NOTHING TO LOSE BUT THEIR CHAINS
@somebodythatyouveusedtokno96045 жыл бұрын
How ironic talking about freedom in your ideology
@sapphireblanche78235 жыл бұрын
Don't upset the conservatives, you know how sensitive they are.
@512TheWolf5125 жыл бұрын
@@somebodythatyouveusedtokno9604 funny. Because communism never existed.
@shady80455 жыл бұрын
Bendy Tuber Gamer how ironic not being able to speak English correctly
@henryzelman45414 жыл бұрын
Bendy Tuber Gamer you really shouldn’t be making that point if you think capitalism = freedom lol.
@joshmaynard26575 жыл бұрын
12:54 Cleveland: "I'm about to do what's called a Pro-Worker move"
@GertrudesD Жыл бұрын
The first ferryboat that Cornelius Vanderbilt owned was one of the smallest operating at that time in NYC. I believe it was his mother that gave him money to buy his first ferry boat. The other ferry boat owners and operators pejoratively referred to him as commodore.
@joachimmacdonald27026 жыл бұрын
You can never have too many railways
@worsethanjoerogan80616 жыл бұрын
It's weird how in the same breath they criticize monopolies on railways as well as people building alternative additional railways. Pick one or the other lol
@johny11150 Жыл бұрын
So basically, we’re in Gilded Age 2.0.
@expendable10156 жыл бұрын
The unions should have used Artillery Only
@sylvali10466 жыл бұрын
Only comment that matters
@Bluebanana2121_6 жыл бұрын
This is so sad, can we reunite the Polish-Lithuanian Commonwealth?
@ArceusBowser2126 жыл бұрын
Alexa, can you revive Lenin?
@gregbaranszky5456 жыл бұрын
Isorrowproduction yes!
@bocholotthethird31596 жыл бұрын
ISP should have been a captain of industry
@RoryRose_6 жыл бұрын
"including Tom Scott." But he wasn't wearing a red shirt...
@evannibbe93755 жыл бұрын
Turtlee Underrated comment, so few people would watch this and get this reference, including me until you said it.
@jacobhinchliffe62375 жыл бұрын
@@evannibbe9375 no
@shrekonion83074 жыл бұрын
@@evannibbe9375 shut up you arent special
@codyhernandez7916 жыл бұрын
*ARTILLERY ONLY*
@allahstan41716 жыл бұрын
Stop it
@bootleganimepornmerchant54126 жыл бұрын
Stop believing in a death cult.
@---uf2zl6 жыл бұрын
*artillery monopoly*
@solaireofastora36 жыл бұрын
What does this mean?
@TEEFD6 жыл бұрын
You're on the wrong side of KZbin. Go back to ISP.
@jikihendrik42815 жыл бұрын
"We need to eat the rich" Taft:"Way ahead of you!"
@jacobhinchliffe62375 жыл бұрын
Taft got stuck in the bath't
@danielhyson60796 жыл бұрын
I've always thought that 'Captian of Industrys' and 'Robber Baron' sounded like a crappy super hero and villian respectively.
@minecraftminertime6 жыл бұрын
Industries*
@danielhyson60796 жыл бұрын
Yes, thank you!
@AJKam1kaz36 жыл бұрын
A compressed version of the history channel's "the men who built America"?
@brunor.11276 жыл бұрын
I guess
@omancool15 жыл бұрын
Which was a compressed version of actual history that actually happened
@damasterofskitsees5 жыл бұрын
We got to watch it during my Junior year of high school. Whenever I asked people the same grade as me if they watched it to, I'd always name it "The Men Who Destroyed America". I just found a minor title change that funny.
@clover14756 жыл бұрын
Wait the pinkertons were real I thought they were fictional gang in Red Dead Redemption 2
@themagalanium94916 жыл бұрын
Wow that's kinda sad really
@clover14756 жыл бұрын
wat's sad?
@rydernigga56756 жыл бұрын
They’re not a gang; they’re a private detective agency But ’pinkerton’ does sound made-up
@andrewmeador29535 жыл бұрын
Look up Matewan. They were a legal gang. They're about as much a "detective agency" as North Korea is a democratic people's republic.
@hombreg15 жыл бұрын
They used tk be a gang, became famous for mercenary "strong-arm" work, ended up becoming a detective agency/private security company
@bigdread38945 жыл бұрын
"Existed..." "Fun to look back..." "Something romantic about a time of unchecked capitalism..." *Looks around at total corporate domination of society at large, gutted labor laws, and, the heights of exploitation* History rhymes homie.
@reaganharder14804 жыл бұрын
Workers have it much better these days than they did then. Most businesses do concern themselves with not killing their employees by negligence. On pretty much every other front though... yeah, the business landscape is a little one sided these days...
@CountingStars3334 жыл бұрын
Except this time, people are against unions. Brainwashing at finest.
@CountingStars3334 жыл бұрын
@@reaganharder1480 Much better -> because of the past sacrifices that made better laws.
@SirSquireLP5 жыл бұрын
DAMN PINKERTONS
@braziliankaiser83045 жыл бұрын
WE JUST NEED MORE MONEY
@shandhi53915 жыл бұрын
Which film?
@nathen41714 жыл бұрын
Arthros Shandhi Darude Sandstorm
@lrdk31186 жыл бұрын
Was this by any chance inspired by an old documentary "the men who made America". I vaguely recall watching it in he history channel years ago and it was a very similar mini series
@saganaki_15 жыл бұрын
i remember it too!
@adl8055 жыл бұрын
It's all like the documentary
@JoGyatto6 жыл бұрын
Wait so why can we still play monopoly??? *_I NEED ANSWERS_*
@mrburke41946 жыл бұрын
No, Monopoly's wat's causing all them school shootin's; makin' families kill each other shures is a slippy slop.
@G33KST4R6 жыл бұрын
Power fantasy
@chrisfloyd73165 жыл бұрын
Economic libertarians would like to know your location
@averagejoe60314 жыл бұрын
inVISIbLE haND OF tHe FREe MarKET
@CEO_Of_Racism-fk3qv4 жыл бұрын
Joe H.S iD RaTHeR haVe A COMPANIES step on me
@ediodimacaroni4 жыл бұрын
"Bro its self regulating bro trust me bro."
@lukanelson31463 жыл бұрын
Unironically yes the government was upholding all of these monopolies not the market
@lukanelson31463 жыл бұрын
@Liberation why is the lenin pfp defending adam smith lmaooo
@unreborn6 жыл бұрын
This whole video summarized what I learned in the Gilded Age chapter in APUSH last year
@hirobeez5 жыл бұрын
"Here kids, here is a lot of money." "Where did you get it?" "From your dead parents."
@severdislike42226 жыл бұрын
It'd be nice for you to do an idiot's guide to unions, why they came to be, the changes they instigated, and how disposable workers were before them.
@sirellyn43916 жыл бұрын
It would be nice to show that most unions act far more ruthless and money hungry than businesses they claim to be protecting from.
@sirellyn43916 жыл бұрын
I don't like treating anyone poorly. But WHO really has proven they only a boon to the workforce? Who has carefully measured the productivity taken from the company? What that would have done for the company. What that would have done for the employees? What the newer products created would have done for the marketplace? Measured the value passed down to the populace. Please by all means, show me a report that does not fall into historicism.
@billheughan6376 жыл бұрын
You really don't provide any basis for your original claim in your first comment - I'd imagine that such a thesis is very difficult to prove with research. I'd be interested to hear where you got that claim from. As with many things in real life, unions have both upsides and downsides - unions increase unemployment in low-skilled positions, reduce overall GDP, but help to compress wages (which helps deal with inequality), and provide more job security (therefore contributing to overall economic stability if a significant fraction of the workforce is unionized). This is leaving aside the many worker benefits that unions have helped agitate for over the years. Here's a paper that goes through the positive claims: economics.mit.edu/files/6950 I'm sure you can find many studies on the negative claims - it's a popular research topic as it pays very well as an academic to illustrate the downsides of unions, for reasons I'm sure you can guess. :)
@FredrickTesla6 жыл бұрын
Bill Heughan How would you like a boss that instead of grading you on your performance at your job graded you on how good you made the BBQ at last weekends cookout? A boss that tells you he doesn't like the shade of your siding, and coincidentally they just kind of forgot you when it came to handing out raises? Or maybe a boss that needs you to find someone to babysit their kids and if you refuse, coincidentally of course, your union dues just went up by 20%? That's what you get with a union. Instead of having one tyrant controlling and judging you for 8 hours a day at work, you've got a handful of tyrants controlling and judging you for the rest of the 16 hours every day and even longer on weekends. Hope you like drinking, cause if you're not down at the bar rubbing elbows with the union heads at least twice a week, they're not going to remember your name when it comes negotiation time. Enjoy your life as one big popularity contest.
@maxwellw706 жыл бұрын
@@billheughan637 1. Inequality isn't a bad thing. 2. Detroit, you know, formally one of the richest places in America that unions destroyed the fabric of.
@JaelaOrdo4 жыл бұрын
Replace the robber barons with the CEOs of big tech companies and not much has changed today
@blackparadoxx96566 жыл бұрын
Alternate History: What if McKinley is not assassinated?
@aeriswf6 жыл бұрын
*Obligatory "more likes than views, youtube is drunk" comment*
@redhidinghood93376 жыл бұрын
I'm so bored of them smh
@cartermiller8536 жыл бұрын
Man I really love teddy Rosevelt!
@danieldossantos58686 жыл бұрын
+OZMX the parties never switched kzbin.info/www/bejne/hp-agnWDhN52lZI&list=PLJFalOOtddmn2I-boUV6kYfr64Hcfomnk
@p.chuckmoralesesquire39656 жыл бұрын
Where is this socialist boogie man you are screeching about my guy ?
@thevoiceofthelost6 жыл бұрын
OH NO, THE SOCIALISTS ARE COMIN TO TAKE MAH MOUNTAIN DEW AND TOOTHBRUSHES. RON PAUL SAVE US! ...Propagandized idiot.
@douglasbyrd29446 жыл бұрын
Some degree of socialist policy is necessary for a society to function. It's just not profitable to maintain roads, upgrade infrastructure, educate the masses, or employ an emergency response system, and so these and many other essential but unprofitable services would go either unfulfilled or would be maintained exclusively by those who see a new and interesting way to exploit those systems for their own benefit and to the detriment of everyone else. A society with no taxes is also society with effectively no means to enforce law, which means crime would go out of control in a heart beat and the only police force that would exist would be privatized mercenaries working for whoever has more money. A pure capitalist society is just as devastatingly horrible as a pure socialist, or pure communist society. The only difference is that you put absolute and easily abusable power into the hands of a different group of entirely corruptible people. Ideally, we need to have a balance of these systems which has the power and funding to maintain critical needs of the country, and to enforce it's laws, while also having checks in place to prevent abuse of that power.
@Ironwill9026 жыл бұрын
@@douglasbyrd2944 This.
@Deriv44 Жыл бұрын
One major factor of that period that was scary for the average work was the Pinkerton Detective agencies who where a private police and para military force bigger then the actual U.S. army at the time that could be bought by those Titans of industry to do their dirty work
@HistoryHouseProductions6 жыл бұрын
Real life monopoly
@celinak50626 жыл бұрын
The landlord game
@Nullsparta26 жыл бұрын
Real life free market too
@fancychipss6 жыл бұрын
Get out of jail free cards for all
@AvailableUsernameTed6 жыл бұрын
A board game usually won by the cranky and hyper 13 year old boy in the family. Yeah works IRL too.
@celinak50626 жыл бұрын
@Relevant Relevancy it was made to help students learn, how is that propaganda.
@WOSArchives6 жыл бұрын
Interesting video. However, I do feel like you've missed two other business titans from the later era of the Gilded Age: Gardiner Hubbard and Theodore Newton Vail, who lead the Bell Telephone Company to become an absolute monopoly using similar tactics to Carnegie and Rockefeller: Buying up smaller companies and strangling out the remaining independents by not allowing them to connect with Bell's long distance network. In fact, the latter believed that Bell should be the _only_ telephone company with his statement "one policy, one system, and universal service". It gotten so bad that the successor company to Bell Telephone, the American Telephone and Telegraph Company, needed to settle with the government before a lawsuit came after them with the Kingsbury Commitment, promising to not buy any more independents and allowing them to connect with the long distance network. And while that delayed their ultimate fate, they were indeed broken up like Standard Oil in 1984. It's a pretty interesting story and another great example of this turbulent era before WWI.
@chrisw4436 жыл бұрын
most people I know work 12 hour days 6 days a week and there dying mentally from it. So I dunno about this whole better thing. lol.
@bigbirb3406 жыл бұрын
Are they getting paid the least imaginable and suffering from unsafe work conditions?
@flowersstaringback92346 жыл бұрын
@@bigbirb340 that could be a possibility. Which will only make it worse
@none.8926 жыл бұрын
chrisw443 Lol, only working twelve hours a day.
@PitterPatter206 жыл бұрын
The average US citizen work week in 1830 was ~68 hours. According to Gallup in 2015 the average US citizen work week is 34 hours, wheras the average work week for full-time employees is 47 hours. Breaking down the full-time worker number further, 42% work 40 hour work weeks, 21% work 50-59 hours, and 18% work 60+ hours. In the early 1800s 68 hour work weeks were both normal and mandatory for the average US citizen; nowadays the number of people working 60 hours, let alone 68+ hours, are part of a vast minority, and not all within this group _have_ to work these many hours purely for the sake of survival. According to the National Bureau of Economic Research, "[b]y 2002, the best-paid 20 percent were twice as likely to work [50 or more] hours as the bottom 20 percent. In other words, the prosperous are more likely to be at work more than those earning little." So to sum up, yes, things are most certainly better than they used to be.
@PitterPatter206 жыл бұрын
@@jackwiessel2029 which hours do you mean by "hours close to those in the 1880s"? The average work week in the US in the 1880s was about 60 hours, so are you comparing the 1880s hours to 1830s hours, or modern hours, or some other hours?
@ZacharyRiggs6195 жыл бұрын
This video was an excellent summary and I loved how you linked together several topics to create one massive narrative. Your videos are awesome!!!
@awesomemangoes80726 жыл бұрын
I love your videos! Can you do a video on unrecognized states like Somaliland and Transnistria
@neptune35696 жыл бұрын
no lol
@jaketaylor81766 жыл бұрын
Nigga he's not talking to u
@neptune35696 жыл бұрын
im speaking in the name if Cody
@dawnhuszar43386 жыл бұрын
Neptune of
@theethicalpirate18496 жыл бұрын
Add in Palestine, oh wait it isn't even a state or country sorry.
@joejoemyo2 жыл бұрын
Good thing this could never possibly happen today
@1lobster6 жыл бұрын
We're in the 4th industrial revolution right now!
@gifyifhkhmcucyk68656 жыл бұрын
Nope. The first de-industrual revolution
@davehoffman46596 жыл бұрын
More like the holy sh*t this is the tenth iPhone in 5 years Revolution.
@1lobster6 жыл бұрын
Dave Hoffman, yees
@feartheghus6 жыл бұрын
Gifyifhk hmcucyk wtf do you me a de-industrial revolution? I don’t see any real lessening of industry.
@1lobster6 жыл бұрын
Bob Johnson, i believe he was referring to how factories are shutting down in the west, and America mostly produces food and other agricultural products nowadays.
@hereigoagain50504 жыл бұрын
Great video. "Free markets" do not mean companies can do whatever they want, just the opposite. In competitive free markets, nobody can make large profits because somebody else will undercut their price.
@justincoggins6945 жыл бұрын
When this video covers all your high school US History standards for like 2 chapters. 👍👍👍
@Jebbidan4 жыл бұрын
The title of this video should've been called: the age when capitalism went to anarcho-capitalism
@HollerScholar5 жыл бұрын
Men who built America but only in a few minutes... Hell Yes
@YuvrajSingh-qx1dx5 жыл бұрын
W L I loved the Men Who Built America!
@rileymiller77865 жыл бұрын
Great documentary
@frogmouth24 жыл бұрын
The next time someone complains about teddy being on Rushmore show them this. You could also include the fact he got shot in the middle of a speech and still finished it.
@videojokeremmie75356 жыл бұрын
Teddy: the government will decide your fate Carnegie: I AM THE GOVERNMENT!!!!
@dangingerich25596 жыл бұрын
Major thing not mentioned here: Vanderbilt got his fleet of ships and his control over rail lines because of government regulations. His ferry business grew because the local government said that only he could do that route, and that route was a major necessity for growing businesses in Manhattan. Later, when he started growing his railroad business, the local government only allowed his lines to go in and out of the city, so he had the power to just stop the trains and do damage to the economy. With a fully open market, competition would have prevented both from happening. Competition would have both decreased prices and increased capacity. It is ENTIRELY government regulations that caused this to happen. If the government didn't have the power to say "Only so and so can do that", then none of this would have happened. This just what I've noticed in the first three minutes of the video. I'll post more as I watch it. Note: the above strategy is EXACTLY the strategy used by Comcast and Time Warner Cable right now for internet providers in this country. If the Net Neutrality movement gets their way, this movement by Comcast and/or Time Warner (whichever is more politically connected at the time) could go entirely national, if not international. Be aware.
@dreamthyf3 жыл бұрын
As we reduce Petrol consumption, I hope the railways begin to reamerge. Europe and the East have proven that rail is superior to the automobile.
@catboynestormakhno26942 жыл бұрын
It wasn't even a question, it's so stupid to think that individual transport in huge machines that have 1 engine for 1-4 people could ever replace trains We need to take back our streets in the cities too, and only let service veichles use our roads to counter A the issue that cars are the highest producer of microplast in the world and it's not even close B the noise pollution creates mental issues for basically everyone except the person who drives around in the car C 90% of public spaces are only accessable if you own a veichle, shits weird and clearly we can make cities that don't need cars I mean after all cities are older than cars, we can use trams trains and literally anything else, it atomizes the population in cities to not have streets be walkable and the more walkable they are the less they will atomize people, cause you won't have a conversation with someone through your cars ever, but you might have a conversation with someone in the street or public transportation, meet an old friend or just talk with kind strangers
@koharumi1 Жыл бұрын
Love how America is slowly sliding back to this age again.
@ZZ-sb8os Жыл бұрын
Imagine all the good Elon Musk could have done with $44 billion instead of buying and then ruining Twitter...
@GeorgeVajagich6 жыл бұрын
Yay someone talking about the 19th century. 19th century best century (expect for 21st)