ive been using this video for 3yrs as an example. thanks sir :) probably my class is among the top viewers of this video
@primejaydenwasop4911 Жыл бұрын
It aint
@yashtakle136910 ай бұрын
Explained a concept that takes half an hour at school in less than 5 mins......Amazing
@BeckyRehorn10 жыл бұрын
LOVED this video :) I always relate to the creative rather than the mundane - Thank you for helping the circular flow become visually appealing and conceptually understood!
@reasonerenlightened24563 жыл бұрын
The entire model is a lie. ==========< There is the owner and the employee.>========== Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself. The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'. The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula. (Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties') Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws. Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
@HeyitsCalifornia9 жыл бұрын
Sounds like the voice from "The Stanley Parable."
@freddiemercury20752 жыл бұрын
This video is too good. Thumbs up
@jameseldridge34452 жыл бұрын
The money you spend at the supermarket goes to the supermarket, not the supplier. The supermarket pays the supplier for merchandise beforehand.
@geraintrees50607 жыл бұрын
this video is just the best video ive seen
@glebkhachatryan2428 жыл бұрын
But what about a diagram for this? I have seen one but didnt quite understand it.
@RachadaJun24 күн бұрын
Ez to understand, fantastic video
@user-emilycrawforddd07 Жыл бұрын
Loved this, helped me understand! But the voiceover sounds a lot like the Narrator from TSP and I just love that.
@sumedikanishadi33882 жыл бұрын
Thank you so much,, now I understood about circular income flow very well ❤️
@utahbutimtaller128 жыл бұрын
this is like Neil DeGrasse Tyson narrating economics in a Morgan Freeman voice
@jennybui1125 жыл бұрын
your voice is so..idk.. it just makes me want to learn..i wish u were my teacher
@faithfortune53038 ай бұрын
summerization on point!
@krishnendubanerjee34318 жыл бұрын
the understanding was clear, but a diagram could've helped. Thanks a lot though.
@reasonerenlightened24563 жыл бұрын
The entire model is a lie. ==========< There is the owner and the employee.>========== Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself. The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'. The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula. (Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties') Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws. Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
@radicalraidz52683 жыл бұрын
@@reasonerenlightened2456 Yeah well capitalism is a lie as well
@JV-im8zy3 жыл бұрын
Lmao
@WijthaGayan4 жыл бұрын
Great job
@unixrel4194 жыл бұрын
Mr. Flannery sent us
@aaronvalerio198 жыл бұрын
Now I know how to bring down the system. Lol!
@reasonerenlightened24563 жыл бұрын
The entire model is a lie. ==========< There is the owner and the employee.>========== Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself. The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'. The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula. (Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties') Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws. Save the minimum purchasing power of the human citizens instead of saving businesses/firms.
@cimpo3273 жыл бұрын
@@reasonerenlightened2456 The Owner EARNS the profit for investing in the bussines, in the machines to make that product possible, in you as a worker and besides these, for the risk that he took for this bussines. If you would be able to make that product home for a less price then it would be fine for your consumption but a bussines company helps also the state/economy growing by paying taxes besides the product price.
@reasonerenlightened24563 жыл бұрын
@@cimpo327 Ultimately a business is a thing designed to extract profit from the human lifeforce.
@al-hanoufa.s39967 жыл бұрын
You are awesome Thank you for your video it's help me a lot ❤❤❤
@abhinavabhinav5795 Жыл бұрын
My teacher send the link of this video to our class 🌝🌝
@isaiesa2 жыл бұрын
thanks
@riles41052 жыл бұрын
this video is fire
@jugglingisgreat8 жыл бұрын
That was excellent.
@Radhapandey1285 ай бұрын
Nice
@misslove99802 жыл бұрын
omg i'm learning about this is hass and now I know the answers to my upcoming test :O
@drevil5306 жыл бұрын
I just found this. Now, the world made sense!!! We are living in a simulator!
@coor20013 жыл бұрын
التدفق الدائري للدخل
@memmara34896 жыл бұрын
Amazing
@l4auu_5 жыл бұрын
tHANKS, tomorrow is my economics exam
@sara69xd3 жыл бұрын
Did you pass the exam?
@nakenake272 жыл бұрын
@@sara69xd I guess we will neber know
@dmcmusiclover29954 жыл бұрын
You’re using colors for surnames?!
@aliciajolley5194 жыл бұрын
Haha! I didn't even notice until you pointed that out.
@vezzy2k6504 жыл бұрын
Reply to this comment if your teacher made you watch this!
@MOON-mk3by4 жыл бұрын
Teacher want me to say what i understood from this video, tell me what can i say if u know !?
@heem20004 жыл бұрын
Me too
@Ellie_373 жыл бұрын
I really want to like it but there's too much "sound" for me it's jarring :/ I know, I'm sensitive, sorry. But I'll upvote for the good visuals!
@JYEATES083 жыл бұрын
Thx, now im going to pass my exam
@zibuse3 жыл бұрын
yep
@11c-sagubanjohnmelrics.953 жыл бұрын
nice vid
@rylantronolone87262 жыл бұрын
bruh why mrs N’zi make me watch this🤷🏼♂️
@khayampeta68762 жыл бұрын
Im dead 🤣🤣🤣🤣🤣 This video is poes kak🤣🤣
@Tamaam.pk_official Жыл бұрын
wow
@Efmund7 ай бұрын
forced to watch this ins school. Not terrible.
@hawraa79323 жыл бұрын
This guys voice sounds like the narrator from Peppa Pig
@ddigwell8 жыл бұрын
Too busy.
@Gary-cc8oe7 жыл бұрын
LOL GREAT !
@carljohnson44733 жыл бұрын
Looks like an child’s cartoon
@Alcatrazz778 жыл бұрын
📣 dANk 😱👌 🐸 mEmES 🐸 oMG xDD📣
@anandthegamer41963 жыл бұрын
Ha kaso hooo 12c valo comment karena :-)
@anandthegamer41963 жыл бұрын
Time barbaad kar rahe ho jaaake padho
@RyanZ225_PC2 жыл бұрын
circl'
@danielagonzalez41993 жыл бұрын
a
@M4gicMark8 жыл бұрын
GDP GDP GDP ALL THE WAY CPI CPI CPI
@mimvines21225 жыл бұрын
good nive okay -_-
@saroona.swesra643410 жыл бұрын
Funny 😜
@Mysticfireblaze2 жыл бұрын
Ez
@jennyfertig67834 жыл бұрын
Anybody else here for school
@montserratestevezramirez8334 жыл бұрын
Me
@reasonerenlightened24563 жыл бұрын
The entire model is a lie. ==========< There is the owner and the employee.>========== Ultimately, the 'Employee' makes the products, takes those products to the market, sells the same products, he made, to himself and finally he pays a fee known as Profit to some 'Owner' for a permission to own the same products he made and sold to himself. The owner gets to collect profit for doing nothing.....and many call that 'earning' instead of 'taking'. The way forward to a better society is to increase and maintain a strong minimum purchasing power of the end-consumer using the magic formula. (Magic Formula: 'Your minimum Purchasing Power' = 'minimum wage' + 'Benefits payments' - 'Cost of dignified living from cradle to grave' - 'Taxes, fees, penalties') Firms are no more "legal entities" than your back-up power generator is a "legal entity", and it does not matter if it runs on fossil fuels or if a bunch of humans must run on treadmills all day. Firms are just property and should be treated as such by the laws. Save the minimum purchasing power of the human citizens instead of saving businesses/firms.