the funny thing is the reason the prices in these "monopolies/robber barons" dropped is because not only are they able to now mass produce them at a massive level but also find ways to make them cheaper and more affordable, and the cheaper the product gets the more money they make because now there's more people to afford the product, even though they were claimed as "monopolies/robber barons" they were able to help the living conditions despite being a monopoly and even the monopolies got beaten at some point like you mentioned. great lessens as usual.
@Barskor13 жыл бұрын
Economies of scale are amazing!
@robertortiz-wilson15883 жыл бұрын
@@Barskor1 Yes indeed
@tylerwhaley48723 жыл бұрын
a problem would be that these monopolies could accumulate massive political power and corruption would run rampant, like it did back in the 19th century. A core tenant of free market capitalism, along with keeping the government out of business, is keeping business out of the government. If businesses are always competing with each other, sure, consumers may be slightly worse off, but the businesses will likely keep their hands out of the government.
@crystallynne75073 жыл бұрын
If thats the case, why aren't nikes, which are made at a cost of like....47 cents by little slave kids a little more affordable?
@chucklesdeclown88193 жыл бұрын
@@crystallynne7507 but Nike isn't a monopoly, there are hundreds of shoe brands that you can go with and long story short there's a lot more to it then just the manufacturing, there's the designer/s you have to pay, theres the advertisement, your also paying for brand recognition like the classic Nike checkmark, your paying for materials(so just because it takes little money to manufacturer the shoe the materials may not be so cheap), there's a lot that goes into the price tag of a product. If we're just talking shoes, well shoes are always gonna be in high demand, footwear has been around I'd recon since the dawn of time and people are willing to pay more for something that they know is gonna be comfortable, I think when people say "ohh it costs less to manufacture then the price of the product" but what else is that company paying for for that product to reach you?
@davidvkimball3 жыл бұрын
Fun video. Tom Woods and Michael Malice make a great duo.
@1krani3 жыл бұрын
Kinda surprised they didn't talk about Roosevelt's Square Deal or the formation of the FDA in response to bad conditions in meat plants. Would've loved to hear their thoughts on those. Can we maybe just get an episode about Teddy Roosevelt in general?
@augustblock39813 жыл бұрын
Lol bad conditions. Having a roof to butcher under is a huge improvement over the processes used for most of human history
@1krani3 жыл бұрын
@@augustblock3981 Most of human history did not involve dumping rats, chemicals, and occasionally other human beings in the meat, then dyeing it so it looked clean and leaving the masses none the wiser, now did it? Just because old problems were solved does not mean there weren't any problems.
@augustblock39813 жыл бұрын
@@1krani oh please
@1krani3 жыл бұрын
@@augustblock3981 What, you think Upton Sinclair's "The Jungle" was all a pack of lies? I mean, it was on the ideological side, but the hygiene side? You know something I don't? I'm all ears.
@augustblock39813 жыл бұрын
@@1krani Never read it, just think it's a little bit daft to think of hygiene in a business where dismembering animals full of shit and blood is the main thing 10 hours a day. I would hazard a guess that the FDA's involvement in food mainly made it more difficult for the poor to afford protein in their diets
@jackcarraway47073 жыл бұрын
Fitting this is getting released on Labor Day.
@Barskor13 жыл бұрын
Commie day.
@loona_mew3 жыл бұрын
@@Barskor1 nooooooo the working class can't have a day off my bourgeois doesn't get Profit that day
@chiefslinginbeef36413 жыл бұрын
Enjoyed seeing the steamboat paddles going the wrong way.
@thelegoyousteppedon11 ай бұрын
Ah the pain of steamboat knowledge
@markcrawford581011 ай бұрын
Temporary comment 5:40
@kahwigulum3 жыл бұрын
"Friedrich Hayek COMMA the Nobel-winning economist"
@SynerG4ce3 жыл бұрын
Now for the hard-hitting fan Q&A segment: do either or both Malice & Woods own top hats? If not, why not?
@Barskor13 жыл бұрын
It must be a beaver skin or silk top hat!
@ginagrant13 жыл бұрын
If top hats, why not spats.
@josephshepard29623 жыл бұрын
"No, Pepsi is NOT ok!" HAHAHAHAHAHA!!!!!!
@maxamumadventure77613 жыл бұрын
202 was solid lmaooooo
@TPIR_Fan_19723 жыл бұрын
These videos are just excellent. Great work, gentlemen!
@noyourethebestokay3 жыл бұрын
It is difficult to get a man to understand something when his salary depends upon his not understanding it. - Upton Sinclair
@maxpruger8373 жыл бұрын
That quote applies to every single employee who works for a useless and counterproductive government administration and program, which is nearly all of them.
@noyourethebestokay3 жыл бұрын
@@maxpruger837 It applies to employers and not giving a crap about working conditions, or I don't know... climate change.
@maxpruger8373 жыл бұрын
@@noyourethebestokay Oh geez, Gov't is the biggest polluter in the world but sure let's tax air and give the money to politicians and bureaucrats and they'll fix everything. In a Capitalist society no one is forcing you to go work for an employer who doesn't give a crap about working conditions and yet, most employees work in air conditioned offices, with their own spaces, safety equipment, etc. I was born in a Communist country, you want to talk about poor working conditions, happy to have that discussion. You finally did make one factual statement, "I don't know". That pretty much sums up your entire understanding of business, economics and how the world works.
@noyourethebestokay3 жыл бұрын
@@maxpruger837 Employees are just cogs in the machine, employers on the other hand...
@maxpruger8373 жыл бұрын
@@noyourethebestokay spoken like someone who has never started a business and had to hire, train and retain employees.
@Ben-fm1tp3 жыл бұрын
Can you please do one of these on healthcare/health insurance
@paulc7283 жыл бұрын
“What about ayn rand” lmfao
@annbush18263 жыл бұрын
As the recipient of a total immersion in a museum dedicated to collecting, displaying and interpreting the tools that built America, you have failed to give sufficient emphasis to the almost total number of men and children (both boys and girls) working in the 18th century. While Paul Revere was a silversmith, the vast numbers of pewterers, brass workers and tinsmiths created the parts of carriages, the cookware and tableware, lighting and bathing equipment. Leather workers, wood carvers, wheelwrights, glass blowers, millers, weavers and their apprentices, as well were the force which brought prosperity to create spare time for the inventions which followed. Since our first American legal assembly ordered fines for idleness, this has been part of our spirit! Best wishes, Ann Bush
@TheCruxy3 жыл бұрын
Michael mentioning fancy jeans, classic
@blurglide3 жыл бұрын
Maybe I'm OCD, but it drives me nuts that the paddle wheels on the steam boats are going the wrong way at 12:30
@Texas.T3 жыл бұрын
This needs to be played in schools around the world
@FourOf920003 жыл бұрын
7:03 you ever try to campaign for an 8-hour day but accidentally campaign for higher wages instead?
@conk65703 жыл бұрын
THE UNABOMBER WANTS TO KNOW YOUR LOCATION
@onlineapprentice85993 жыл бұрын
Love these videos. Keep em coming.
@AT-yn9dm3 жыл бұрын
The drawings are so cute!
@kritiogidygya80613 жыл бұрын
Glad you enjoy the brain numbing of cuteness to masquerade the shame of false narrator. Really puts the feels in feel good dosnt it... 🙃🔫
@AT-yn9dm3 жыл бұрын
@@kritiogidygya8061 The video isn't false, the only thing that's false is the leftist propaganda that's been told to us.
@chudthug3 жыл бұрын
Looks like boomer comics
@kritiogidygya80613 жыл бұрын
@@chudthug . Because it is
@chudthug3 жыл бұрын
@@kritiogidygya8061 It isn't and i wasn't talking to you
@arminabdi3 жыл бұрын
As always, great video
@hopelessromanticpify3 жыл бұрын
Amazing, I am going to watch it again to soak up some information
@ADAMREES-GRITGYM3 жыл бұрын
This is phenomenal. Thanks guys
@capnstewy553 жыл бұрын
To quote Simon Whistler "The past was the worst."
@Camdenrt3 жыл бұрын
What causes #poverty? Nothing. It's the original state, the default and starting point. The real question is, What causes #prosperity? -Per Bylund
@andygetz73433 жыл бұрын
Keep em coming. I'd like to see one on anti-trust laws. Damned if you do, damned if you don't.
@stevesmithy56443 жыл бұрын
lmao it's always funny hearing michael play devil's advocate with such a straight face
@celebrationsbridal3 жыл бұрын
Please make the next one about how some of the same robber barons backed the passage of the Federal Reserve Act and got us into WWI. * American Heroes indeed.*
@lamontpearce1703 жыл бұрын
All wars are bankers wars.
@theyoutubenomad.30353 жыл бұрын
@@lamontpearce170 80% of wars
@scawarren3 жыл бұрын
Great video, Guys! I greatly appreciate you both.
@tonyhorton1523 жыл бұрын
I wish these were longer!!!!
@SaulOhio3 жыл бұрын
I did not need to see Michael Malice in butt floss.
@IvorMektin17013 жыл бұрын
Sheath™ didn't sponsor this video
@joanl.75433 жыл бұрын
This may not be any sort of final word on the extreme social and economic transformation that takes place with industrialism, but I really appreciate the history and the great points. I'd like to see more debate between people who are not afflicted by leftism/Communism or hatred for the natural law, who can discuss how these vast changes might have affected us, and whether they are good or bad. A productive conversation between these people and advocates for GK Chesterton's views would be really interesting for instance.
@tagmata18723 жыл бұрын
That would be true if they actually acknowledged all of the terrible shut that happened during this time period but they just straight up ignore how terribly most workers were treated
@truanarchy63153 жыл бұрын
I’m searching for Kaczynski references harder than indiana jones searched for the ark of the covenant
@yoba60373 жыл бұрын
BUT WHAT ABOUT AYN RAND? :D
@geothepoly3 жыл бұрын
I can't wait to hear their thoughts on the industrial revolution and it's consequences
@DeadEarthTheory3 жыл бұрын
The title is actually Industrial Society and it's Future. "The industrial revolution and it's consequences have been a disaster for the human race." Is the opening line.
@thebamboozlerette18243 жыл бұрын
My poor history teacher has been wearing blinders for most of her teaching years without even knowing it. She trusts too easily in the honesty of the curriculum she uses. She needs to watch this, if only to get another POV.
@northatlanticcommonwealth11883 жыл бұрын
Imagine how dumb you have to be to think that some “educational” video by a think tank is better than than your school curriculum
@Impeach_the_queen3 жыл бұрын
@@northatlanticcommonwealth1188 What a great segue into their next video on the school system😂
@Shadowfanification3 жыл бұрын
I wish that they actuall explained what the issues where in Engels book rather than just say it has issues and where they are.
@bmichel20023 жыл бұрын
Agreed, if I tried to do lackluster quotes like that in poly Sci class. I would fail the course
@qwertyuiopqwerty1123 жыл бұрын
You wouldn't have even know this if they didn't point it out because the textbooks sold you the brainwashing narrative. Now you know where to start, which is a lot better than before you writing this comment
@bmichel20023 жыл бұрын
@@qwertyuiopqwerty112 well maybe you could clarify what each of the pages mentioned were about with quotations and markers indicating the paragraph on the page. Along with sources and outside analysis to support your claim. Also please feel free to put in any academic textbooks that support Marxism and quotes that exhibit Marxist undertones. Thank you for your time.
@joethepagan32973 жыл бұрын
Friedrich Engels was a rich brat who got his mill from his father. Engels got tired of supporting Marx (who was very bad with money and almost always in debt). He at one point threatened Marx that he would have him arrested and put in debtors prison if he did not start paying him back. A compromise was reached where Marx put Engels' name on some of his books so he could collect some of the royalty checks.
@noyourethebestokay3 жыл бұрын
Engels did not write our history books. These are fear tactics used to keep people from thinking critically about our history, specifically May day and the Haymarket affair.
@joethepagan32973 жыл бұрын
@@noyourethebestokay I never brought up history books. Here is a bit of history for you. Marx did not invent socialism. He plagiarized earlier socialist. Look up places like Fruitlands, New Harmony and Plymouth colony before William Bradford.
@noyourethebestokay3 жыл бұрын
@@joethepagan3297 The video talks about history books and claims that Engels is responsible for them and by slandering Engels, says that our history books are worthless basically without confronting, what you call facts, like the labor movement and why it happened. I never said Marx invented socialism, not sure what that has to do with anything. Marx invented Marxism.
@noyourethebestokay3 жыл бұрын
Americans do not know the history of May Day. Why does the rest of the world celebrate, while it is for an event that happened here?
@Baamthe25th3 жыл бұрын
People talking about Kids in factories tend to forget kids worked the farms too. Making enough money on one salary to feed a whole family, send multiples kids to school, etc. That's something only afforded by the higher productivity that the industrial revolution and capitalism allowed.
@noyourethebestokay3 жыл бұрын
Working in a sausage factory and working on a family farm are not the same. See Upton Sinclair's "The Jungle".
@Baamthe25th3 жыл бұрын
@@noyourethebestokay It doesn't affect my point. And you're not proving anything with a piece of fiction. Especially when it's admitted socialist propaganda
@noyourethebestokay3 жыл бұрын
@@Baamthe25th Why were the kids being sent to the factories if everything could be afforded on one salary?
@noyourethebestokay3 жыл бұрын
I don't think you're talking about life during the early days of the industrial revolution, when capitalism was full throttle and people were living in slums and sewage was running in the streets.
@noyourethebestokay3 жыл бұрын
@@Baamthe25th Did the Haymarket affair happen? Why does the entire world except the USA celebrate May Day?
@mimikyoo3 жыл бұрын
"what about 202?" "202 was solid."
@j0n2753 жыл бұрын
Wow what an amazing joke..
@robertortiz-wilson15883 жыл бұрын
Good stuff, truly, thank you for your work!
@michaelmccarty13273 жыл бұрын
Why did Tom tear pages out for each page number when the book obviously had print on both sides of the pages? 5:14 EDIT: timestamp
@parrismd3 жыл бұрын
Consumer brand "monopolies" are not monopolies. Coke and Pepsi are competitors. Subway competes with cardboard companies. Bad examples. It would've been helpful to cover utility monopolies, and a local newspaper company buying up all the other newspapers in town.
@randus70533 жыл бұрын
Subway competes with Jersey Mike's to some extent though the style is quite different. They also compete with local sub shops.
@SynerG4ce3 жыл бұрын
Arguably Subway competes with McDonald's. They've convinced consumers their footlong industrial cardboard carb-bombs (with all the diet coke and bagged chips you can wedge in to) is the health-conscious choice. They outnumber McDonald's locations to be America and the world's #1 restaurant by store number.
@generationnow17183 жыл бұрын
So they way to win is by building parallel institutions. Some rothbard is always good.
@christophersnedeker20653 жыл бұрын
8:19 that's probably an indication that they are rather poor.
@duanewirth2733 жыл бұрын
Can you do a show on Vanguard, Blackrock and their influence on virtually every single thing we buy or experience! International Investment firms which fun every competitor (Coke AND Pepsi, for example).
@chubbyninja8423 жыл бұрын
No! Pepsi is not okay!
@neithanhador88413 жыл бұрын
"202 Was Solid!"
@noyourethebestokay3 жыл бұрын
"The American landscape is one of fear, violence, suicides, mass shootings AND GREAT SAVINGS! Here at Walmart our employees have to apply for food stamps while we accumulate obscene money! That’s the American Way! We lower our prices by using overseas labor that isn’t regulated!" -Eddie Pepitone
@Homedepotorange Жыл бұрын
I think if a child (were talji g like 13 years old) wants to work and can find someone willing to pay I see no issue
@piproductions73953 жыл бұрын
Excellent! Thx 🙏🏼
@hopeyouaredoingwell47053 жыл бұрын
I like this history class
@Eaglechoff3 жыл бұрын
this is my first vidieo and ive already subscribed
@huntertuggle26673 жыл бұрын
Pg. 202 was solid.
@collinblatchford3 жыл бұрын
Hello fellow men of culture.
@Cheka__3 жыл бұрын
Great voice acting, Mike
@TheCruxy3 жыл бұрын
Cool to see Doctors Ben Powell and Thomas DiLorenzo their due
@helpfulsysops35933 жыл бұрын
And now, you see the people Lost. Life Expectancy is dropping, reproduction is failing, injections are mandated, and education restricted. The society was run on horses and people. The machines replaced the horses, but people were still needed to run the machines. Now computers replaced the people, and people still work some jobs. But now robots replace those people too, so just like horses, soon, there will be far fewer people.
@LabelsAreMeaningless3 жыл бұрын
The welfare state actually slowed the rise of people from poverty. Suddenly working to get ahead wasn't necessary, when some could instead just sit back and say 'it's too hard, give me money'
@ronaldfrechette20453 жыл бұрын
202 was solid 😁
@josephsekavec3 жыл бұрын
The steam boats paddle wheels were spinning the wrong way and it drove me nuts
@Vahktang3 жыл бұрын
14:11 if Carnegie wanted a literate America why did he not donate any books?
@deathtiki3 жыл бұрын
The public library I learned to read in was a Carnegie library so he did
@Vahktang3 жыл бұрын
@@deathtiki No. Your county or city paid for the books. Carnegie only paid for the building.
@theearnmoreyouagainmoreres82503 жыл бұрын
The VISUAL AUDIO BOOK LOOKING WATCHING SEEING AND HEARING SOUNDS MAKE READING BETTER PICTURES MAKING READING SPECTACULAR AND LEARNING MAKES LIFE WONDERFUL THE POWER OF AUDIO AND VIDEO AND THE POWER OF THE RECIPIENT OF THEM ALL READING WRITING AND Arithmetic and the medium between them all
@WedgeKahr3 жыл бұрын
(In old timey voice) "capital research, center"
@darkironsides3 жыл бұрын
11:29 Pepsi is never okay
@organicmusicspace3 жыл бұрын
The bread I buy costs $6 per loaf. I get paid $14 an hour. How many minutes does my bread cost?
@Texas.T3 жыл бұрын
25.3 minutes. Still beats the 3 hours of the past
@MrMcKey-sb6wn3 жыл бұрын
So I’m a high school teacher and currently covering the Industrial Revolution. I can’t post this video because of the last scene. I suppose I can show this to my students and cut it off before that but I also want the video posted to my class for access to go back and review. Not sure what to do because this information is very important and pertinent to our discussion. I’m a big Woods and Malice fan btw and I don’t mean to be a prude but I’m thinking of what parents will say to my boss if their child tells them or catches them seeing that scene. I’m also thinking of other teachers who could be hesitant of sharing something like this and turn to a competitor CrashCourse, which we know carries a simple bias. (I thought it was funny though)
@juanfelipe84843 жыл бұрын
Here’s what you do. Download an mp4 of this video. Go into iMovie and clip it so it cuts off the last part. Then you download the edited one and share that to the class.
@jcrass23613 жыл бұрын
Sad you’re going to show this to teach children. What a joke of a video. No one denies that the capitalists made their money, but all you have to do is read the sources from the late 19th century to realize that the gilded age, “the robber barons” of the era were using their machine politics and creating an oligarchy. You can go to India today and see this being played out in their industrial sector. Just to point out one example from this banal and empty video. He said that many wanted to move to the factory to have a better life, but this doesn’t include laws that literally ripped people off their lands and “enclosed the commons”. Lol I like how he tries to discount Engels work on the English working class. It’s a book that tackles most of the falsehoods said in this video. Pretty disgusting they try to discount it by said Engels got some factory records wrong, but if you read it, it’s also heavily written to show how the people lived during this time. Many lived in abject poverty, some literally had their hands shriveling off from the acid used in the production of certain chairs or linen. This video is terrible, and not historically accurate. Again, saddens me that you teach at a high school level to lie to these kids.
@grambo44363 жыл бұрын
So government programs, Central planning and the financial planning by the banking system, the fed etc. Have all been the soul reasons why our means of earning and keeping our wealth, quality of life and standard of living etc. Turned to shit.
@donnycooper53853 жыл бұрын
Best one yet!
@benbozeman74073 жыл бұрын
This is gonna be gooood
@dirtybird993 жыл бұрын
Oh! More Malice (algorithm) for me to feed!!!
@McMeatBag3 жыл бұрын
15:00 Michael always trying to plug his sheath underwear I see
@gregorywebb4883 жыл бұрын
Really excellent!
@lukebaker51353 жыл бұрын
I agree
@bmichel20023 жыл бұрын
Can I have some sources? I get this is propaganda but some sources would be nice.
@kitty101413 жыл бұрын
202 was solid
@starfed643 жыл бұрын
I was looking for the first 10 books printed by the Gutenberg printing press… Somehow I Landed on this and thought… Is this the new understated Hana tea in chromes? And I thought and I forget it they look like on his story inns So why not ask them if you know so much about the industrial revolution in about the causes and affects Walker TRs of history minus the token can you also tell me who printed the first 10 books on Gutenberg PP? I’m just a dweeb looking for a nerd. Great job though very insightful love the video I am a subscriber now you got a new fan and I’m gonna talk smack too…. Well… cause look like Beavis and Butthead After the Lutherans got to them.
@joshuatijerina57313 жыл бұрын
Subway cannot be a monopoly…..jimmy johns or Jersey Mike’s all the way
@dungeoneering19743 жыл бұрын
I really wish they hadn't done that stupid gag at the end. Now I can't show this to my daughters.
@Impeach_the_queen3 жыл бұрын
There is a thing called ending the video before that.
@christophersnedeker20653 жыл бұрын
Citation, Citation, Citation, Citation
@joshlibner6513 жыл бұрын
Quick correction, someone making $10 hr has to work 15+ minutes NOWADAYS for a loaf of bread….. LETS GO BRANDON!!!!!!
@lizzieempey22203 жыл бұрын
Malice is the cop 😂
@Grimmlocked3 жыл бұрын
The Turks pay me a golden treasure, yet I am poor! Because *I* am a river to my people!
@izureaul3 жыл бұрын
"Pinkerton"
@augustblock39813 жыл бұрын
Lol and here I am planning to put my kids to work at 9
@stevesmithy56443 жыл бұрын
4:58 this whole segment just feels dumb. all you do is whine for a whole minute about how this dude was wrong without even bringing up what he said or addressing any arguments
@priestofthecraft53183 жыл бұрын
they moved to the factories. Because they were kicked off their land. Example number one the sheep industry. In the 14th century was growing at a rapid rate. to the point that he had to expand. Because the first industrialized nation. The English. At that time the 14th century . meet up The majority if it’s wealth. So they started the enclosure act’s . where the peasants we’re kicked off their land. That they had held in common four 3000 1/2 years. This led to masturbation and famine. When the enclosure act’s we’re at their Zenith. In the 16 and 1800s people had nowhere to go so they chose. To go to the factories. Where are you could be fired by breaking your leg. With no compensation or reference. Basically you were fired. Or if you worked in a matchbox factory. Your bones turn to gum. or in other words like a sponge.The only reason why you’re allowed. To have company benefits. It’s because of the government enslavement period of business. If businesses had their way. We will all still be living in slums. And our children working in factories.
@seansteele12693 жыл бұрын
8 hour work days? 40 hour weeks? That’s cute, it must be nice to work part time…
@1krani3 жыл бұрын
Can't wait for the socialists to descend on this one from Reddit.
@kitty101413 жыл бұрын
I visit that cesspool a couple times a week to remind myself I’m not that nuts
@jbcarseiii3 жыл бұрын
The 🍑 at the end! 🤣
@shane7273 жыл бұрын
I was promised Tom in a dress
@christophersnedeker20653 жыл бұрын
9:04 where they really? It's not like people before the industrial revolution where starving 100% of the time, sure there where famines but the human race couldn't have survived if it was like that 24/7.
@gekkobear16503 жыл бұрын
Yeah this video is bad. The Industrial Revolution was just throwing a bunch of fossil fuel accelerant on the already problem of overpopulation and resource drawdown.
@christophersnedeker20653 жыл бұрын
@@gekkobear1650 yeah but a lot of that probably is due to reasources being made unavailable by those in power.
@gekkobear16503 жыл бұрын
@@christophersnedeker2065 yes and also desiccation caused by agriculture/deforestation
@jamesotworth61573 жыл бұрын
Drawing parallels between the eight hour work day to free massages and a view of Niagara Falls…I’m noticing these gentlemen are also excluding where and when the rights of workers were established. Capitalism and the industrial revolution did/does improve the productivity of people in general, but it takes political agitation from the working class to actually improve material conditions for most people. There are rarely market or financial conditions that will make those who own capital treat workers in a humane fashion, and that’s where socialism comes into play. You need a balance between commerce and the commonwealth.
@a1b1c1843 жыл бұрын
Tom Woods may be a failed podcaster but he's a pretty good voice over actor.
@billvigus37193 жыл бұрын
Wait, what's wrong with Trump tower? :)
@user-rx2ur5el9p3 жыл бұрын
I like capitalism.
@billjones38683 жыл бұрын
Do you labor for a living?
@user-rx2ur5el9p3 жыл бұрын
@@billjones3868 Yes. It is very epic.
@monkeylicker6383 жыл бұрын
DANG MIKE IS THICK
@ranchdressing67773 жыл бұрын
So, about Carnegie, see the previous argument about Guatemalans, when they were asked which they would prefer, any random benefit (libraries, concert halls etc.) to more money. And the free market answer is always going to be "more money." Carnegie may have been a philanthropist, but he was entirely self serving in trying to raise the heathen up out of their uncultured squalor. It wasn't about the public, but rather about the rich.
@maxpruger8373 жыл бұрын
The free market answer is not always "more money". Once an individual has enough money to meet their needs then they begin trading that money for more leisure. Most US workers can work more hours but they enjoy a level of prosperity where they would rather have weekends off, air conditioned offices, etc. If you think the Guatemalan's will choose more money in perpetuity, regardless of their economic condition, you missed the whole point of that segment.