Socialist Countries are Outpacing the US in GDP and IQ

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  • เผยแพร่เมื่อ 5 ต.ค. 2024
  • Socialist nations are surpassing the United States in various metrics, from economic growth to intelligence quotient. This video explores how countries with socialist policies are outperforming the U.S. in key areas like GDP, education, and overall quality of life. We'll examine data comparing socialist and capitalist economies, debunk common misconceptions, and analyze the factors contributing to these surprising trends. Join us as we delve into the complex relationship between economic systems and national success, challenging long-held beliefs about socialism and capitalism. Whether you're interested in global economics, political systems, or social development, this video offers thought-provoking insights into the changing dynamics of world powers.
    How Socialist Countries are Outpacing the U.S. in Everything from GDP to IQ
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ความคิดเห็น • 277

  • @HomelessRomantic
    @HomelessRomantic  หลายเดือนก่อน +10

    How Socialist Countries are Outpacing the U.S. in Everything from GDP to IQ
    medium.com/collapsenews/how-socialist-countries-are-outpacing-the-u-s-in-everything-from-gdp-to-iq-98a657fd9612

    • @shaundudley4576
      @shaundudley4576 หลายเดือนก่อน +2

      How does this address my query?

    • @lamrof
      @lamrof หลายเดือนก่อน

      wokism has destroyed the west. The family unit is being destroyed right now.

    • @ASpyNamedJames
      @ASpyNamedJames หลายเดือนก่อน

      Socialism doesn't even really exist anymore. Capitalism won, the only socialist countries left are liberalizing.

  • @horridohobbies
    @horridohobbies หลายเดือนก่อน +60

    According to WIPO in 2021, China was granted more patents than the USA and Japan combined!

    • @Luming-di9rf
      @Luming-di9rf หลายเดือนก่อน +11

      And still China-bashers refer to old numbers from way back when.

  • @supa3ek
    @supa3ek หลายเดือนก่อน +80

    Socialism and capitalism is just a word !!!
    What is important is that the government realise that the people are the backbone of the country, NOT corporations !
    Socialism is about the people, capitalism is about the corporations !!!

    • @yaoliang1580
      @yaoliang1580 หลายเดือนก่อน +13

      @@supa3ek capitalism is also about the plunder of other countries resources

    • @ABO-Destiny
      @ABO-Destiny หลายเดือนก่อน +4

      @@supa3ek
      Exactly,cannot agree more.

    • @willeisinga2089
      @willeisinga2089 หลายเดือนก่อน +4

      True, full True.👍🌹🌹🌹

    • @bdliaw3230
      @bdliaw3230 หลายเดือนก่อน

      ...and today's China is a socialist in name only. It is more like traditional Confucianism in Han's dynasty !

    • @bdliaw3230
      @bdliaw3230 หลายเดือนก่อน +4

      well said !

  • @horridohobbies
    @horridohobbies หลายเดือนก่อน +63

    According to the IMF, China's PPP is $35.291 trillion and USA's PPP is $28.781 trillion. China's PPP is $6.510 trillion, or 22.6% bigger. [2024 data.]

    • @JCSY1
      @JCSY1 หลายเดือนก่อน +7

      @@horridohobbies Yes. China is already the most important trade partner for more than 160 countries. More important than the US since a while back.

    • @TacticalMayo
      @TacticalMayo หลายเดือนก่อน

      @@horridohobbies ppp doesn't matter

    • @TacticalMayo
      @TacticalMayo หลายเดือนก่อน +2

      ​@@JCSY1nonsense

    • @horridohobbies
      @horridohobbies หลายเดือนก่อน +4

      @@TacticalMayo Only because it challenges your bigotry and hatefulness about China.

    • @JCSY1
      @JCSY1 หลายเดือนก่อน +1

      @@TacticalMayo Nonsense for US supporters but not to the rest of the world. How many times or things that people actually bought or need essential or important items from the US or the west vs China?
      Most countries if not all trade and sell with China more than the US and the west. Most if not all countries considered China to be a very critical essential part of their progress, development and even survival.
      Actions speak louder than words. Besides a small handful of hardcore US allies, how many leaders actually go to Washington to sign big or huge economic win-win deals VS they visiting Beijing and sign billions and billions of trade deals and co-operation.
      Only delusional people living in caves disconnected from true reality will ignore these real true facts. People can ignore but eventually it will hit them even harder and faster. It is what it is.

  • @Rubicon365
    @Rubicon365 หลายเดือนก่อน +38

    When you have politicians and leaders that do popular things and not the right thing, this happened.

    • @yu-jd5jg
      @yu-jd5jg หลายเดือนก่อน

      China has time-proven Leaders in a Socialist System with Chinese Characters. Whereas the US has boasting and self-interest Politicians in a Plutocracy masquerading as a Generic Democracy System

    • @bdliaw3230
      @bdliaw3230 หลายเดือนก่อน

      ... and the dog-and-pony shows every 2 or 4 years in the name of democratic elections !

    • @bdliaw3230
      @bdliaw3230 หลายเดือนก่อน

      What do you expect from these idiots and morons to know what is right thing ?

    • @TakeThis-z7v
      @TakeThis-z7v หลายเดือนก่อน +1

      Not even popular but pandering and cowing down to the lobbyists.

  • @johnwright9372
    @johnwright9372 หลายเดือนก่อน +34

    China and Russia are not Communist states. They are market economies with a high degree of centralised government control.

    • @thinknow1
      @thinknow1 หลายเดือนก่อน

      @@johnwright9372 rt otherwise foreign corporations would take over government just like seems to be the case in western countries

    • @keffinsg
      @keffinsg หลายเดือนก่อน +7

      So is Singapore

    • @normankoo6159
      @normankoo6159 หลายเดือนก่อน +8

      But by accusing them to be a communist regime, it gives the US an excuse to give more money to their weapons manufacturers.

    • @anti-genocide
      @anti-genocide หลายเดือนก่อน

      That's socialism : a market economy controlled by the state lol

    • @dlf4298
      @dlf4298 หลายเดือนก่อน

      but communist

  • @Azathoth2980
    @Azathoth2980 หลายเดือนก่อน +29

    China is not socialist, China abandoned left a long time ago. China is state managed capitalism, US is shareholder managed capitalism.

    • @bdliaw3230
      @bdliaw3230 หลายเดือนก่อน +7

      Shareholders ? No way ! It is special interests managed !

    • @normankoo6159
      @normankoo6159 หลายเดือนก่อน +3

      Like AIPAC. 🤭😂🤣😂

    • @bdliaw3230
      @bdliaw3230 หลายเดือนก่อน +3

      not even shareholders managed ! Special interests managed !

    • @lulc4694
      @lulc4694 29 วันที่ผ่านมา +1

      @@Azathoth2980 it’s literally socialism with capitalistic characteristics. The profits are reinvested back to public infrastructure for the benefit of the people.

  • @rabuanmantine8522
    @rabuanmantine8522 หลายเดือนก่อน +56

    US also socialist to the corporate (with bailouts) and capitalist to the rest (retrenchment)

    • @chagoriver7159
      @chagoriver7159 หลายเดือนก่อน +2

      You just described how neoliberalism operates not socialism. Discard that ridiculous analogy

    • @cryptorenegade1406
      @cryptorenegade1406 หลายเดือนก่อน

      There's no difference, social welfare for the wealthy or social welfare for the working poor you can call it anything you like it's just a term bailout is social welfare or socialism for the wealthy, it's the intent not the term that matters, that is what they'd like us to believe to buy into that pathetic term called "neoliberalism" Ronald reagan & Margaret Thatcher both currently deceased

    • @cryptorenegade1406
      @cryptorenegade1406 หลายเดือนก่อน

      Well y'all There's no difference, social welfare for the wealthy or social welfare for the working poor you can call it anything you like it's just a term bailout is social welfare or socialism for the wealthy, it's the intent not the term that matters, that is what they'd like us to believe to buy into that pathetic term called "neoliberalism" Ronald reagan & Margaret Thatcher both currently deceased

    • @cryptorenegade1406
      @cryptorenegade1406 หลายเดือนก่อน

      Bailouts, welfare there's no difference, social welfare for the wealthy or social welfare for the working poor you can call it anything you like it's just a term bailout is social welfare or socialism for the wealthy, it's the intent not the term that matters, that is what they'd like us to believe to buy into that pathetic term called "neoliberalism" Ronald reagan & Margaret Thatcher both currently deceased

    • @cryptorenegade1406
      @cryptorenegade1406 หลายเดือนก่อน

      There's no difference, social welfare for the wealthy or social welfare for the working poor you can call it anything you like it's just a term bailout is social welfare or socialism for the wealthy, it's the intent not the term that matters, that is what they'd like us to believe to buy into that pathetic term called "neoliberalism" Ronald reagan & Margaret Thatcher both currently deceased

  • @alko_xo
    @alko_xo หลายเดือนก่อน +16

    7:23 But US companies Apple, Google and Facebook regularly release packs of innovative emoji!

  • @normankoo6159
    @normankoo6159 หลายเดือนก่อน +13

    If the US can accept a zombie as its president, what more can you expect??

  • @linuxman7777
    @linuxman7777 หลายเดือนก่อน +11

    Modern China is far from socialist and hasn't been since Deng Xiaoping. China is corporatist and brutally capitalistic.

    • @lulc4694
      @lulc4694 29 วันที่ผ่านมา +1

      Wrong. It’s Chinese socialism with capitalistic characteristics. The profits are reinvested into public infrastructure for the good of the people.

  • @Clawbytes987
    @Clawbytes987 หลายเดือนก่อน +17

    Americans are so obsessed with branding and labeling but not realizing at the end of the day, quality of life is the most important.

    • @patricialongo5870
      @patricialongo5870 หลายเดือนก่อน

      @@Clawbytes987 maybe they actually understand that lower quality lives means they'll work harder. Maybe it's supposed to be better for business.

    • @DreamWave69
      @DreamWave69 29 วันที่ผ่านมา +1

      @Physical_Elf They understand that too well, that is why they need keep everyone poor in order to control, and no space to think of other stuff, just work get money n paid huge tax. More or less same as medieval time

    • @patricialongo5870
      @patricialongo5870 29 วันที่ผ่านมา

      @@Clawbytes987 siding with quality of life and efficiency, with health and science - socialism. When you are ready to require socialism of everyone, you can have peace and civilization. Lol. Nevah.

  • @jenniferkoch7141
    @jenniferkoch7141 หลายเดือนก่อน +23

    I CAN'T EVEN BE SURPRISED!

  • @冥王星来客
    @冥王星来客 หลายเดือนก่อน +14

    China is currently a mixture of socialism and capitalism. Powerful state-owned enterprises hand over nearly one trillion US dollars in profits every year (excluding taxes), so there is room for tax relief in the private sector;
    In the future, the competition among countries around the world will not be the competition of the private sector, but the competition between countries. Countries without state-owned enterprises will be eliminated;
    State-owned enterprises can also control the prices of people's livelihood products so that people's living standards will not be affected by sudden inflation;

    • @bdliaw3230
      @bdliaw3230 หลายเดือนก่อน +1

      Yes, you already saw what happened to textile industry, furniture making, auto half way and even ship building and aircraft .... Just go ahead to look at the compositions of the Dow Jones 30 Industry now and 60 years ago !

  • @medialcanthus9681
    @medialcanthus9681 หลายเดือนก่อน +13

    "We're just jerks" .😂

    • @riojoe5156
      @riojoe5156 หลายเดือนก่อน +1

      No, we have 800 military buses around the world.

  • @dlf4298
    @dlf4298 หลายเดือนก่อน +15

    As a chinese person lives in the US for half decade, i can see drastic decline on society and affordability, in just 5 years. The quality of life is better in China now than the US. I'm planning to move back to China next year with my wife. (She is American from Tennessee. ). Welcome Americans who wants to do something different to your life than stay in the boring suburb wasting your life and budgeting trying to pay your mortgage off, move to China!

    • @randygraham926
      @randygraham926 หลายเดือนก่อน +2

      Good luck and thank you for the interesting comment. If I could speak Mandarin then I might consider China as a destination. I'm impressed by China's accomplishments and U.S. is in serious decline ... we are an oligarchy rapidly turning into an idiocracy.

    • @robertbrandywine
      @robertbrandywine หลายเดือนก่อน +1

      Who to believe? I had a poster on a different video tell me that life in China was not good and that that was why people are still leaving China to come to the U.S.

  • @zhan9207
    @zhan9207 หลายเดือนก่อน +37

    Imagine how the US and the world will improve if half of the US defence budget was used in where it should be.

    • @Charles-Darwin
      @Charles-Darwin หลายเดือนก่อน +6

      @@zhan9207 and if the other half didn't disappear every audit. Dec 2023 audit of $$$ Congress allocated to MIC/defense, $1.9 of $4-Trillion gone, no where to be found!
      For context that alone would have paid for all student debt with enough left over to absorb a lot of medical debt or greatly benefit public schools/paying teachers what they deserve.
      It's nutty. It happens every yr.

    • @gamingtideX
      @gamingtideX หลายเดือนก่อน

      It will never do that. It's corrupted to the core.

    • @TacticalMayo
      @TacticalMayo หลายเดือนก่อน

      But because the United States was challenged by China, now they're going to ramp it up by a trillion times

    • @Aendavenau
      @Aendavenau 27 วันที่ผ่านมา

      Like lining the pockets of the ultra rich?

  • @mrzack888
    @mrzack888 หลายเดือนก่อน +6

    Chinese govt owns and oversees over major industries such as energy, rail, steel, telecommunications.

  • @flyrodmike
    @flyrodmike หลายเดือนก่อน +6

    Great to see someone telling the truth. I had not seen your site before but am now subscribed. We need more people awakened in the US if we are ever going to get this country on a better path forward. I hope people like you will help make that happen, but many Americans don't want, or refuse, to see the truth.

    • @HomelessRomantic
      @HomelessRomantic  หลายเดือนก่อน +1

      Welcome aboard!

    • @TacticalMayo
      @TacticalMayo หลายเดือนก่อน

      Nah just tanky crap.

    • @TacticalMayo
      @TacticalMayo หลายเดือนก่อน +1

      You still actually believe the United States will accept number two 🤣🤣🤣🤣🤣🤣

  • @truthaboveall7988
    @truthaboveall7988 หลายเดือนก่อน +22

    & life expectancy & happiness

  • @teogeorge2203
    @teogeorge2203 หลายเดือนก่อน +7

    It's not China incredible progression but US lost of direction. Her mistake is stop progression of competitors through ban, boycott, sanction and tariff instead of cooperative progression.

  • @fredfrond6148
    @fredfrond6148 หลายเดือนก่อน +20

    For the record China is a capitalist society with Chinese characteristics. For example battery electric vehicles. President Xi says we need to make electric automobiles. So he tells the governors of provinces and mayors of really big cities I want EVs to be made in China. The banks in the provinces and big cities (like Shanghai ). All the banks loan money to entrepreneurs in their part of country. The bank managers obviously do not want to make bad bets but they know that a lot of companies will go out of business. Once they loan the money out it becomes the hunger games these companies fight like cats and dogs to make the best product. Eventually a few winners emerge BYD. CATL (batteries), Geeley, Shanghai automotive, Xpeng, nio……. The rest fall by the wayside but these companies all survived the cauldron. They also invite the best in the world in Apple in Shenzen, or tesla in Pudong (Shanghai) and say to the boys fighting it out that is the world class standard to meet.
    In the US Joe Biden says I want EVs so he goes to GM and gives them billions and billions. Tells GM catch the Chinese because for godsakes you’re American. Mary Bara takes $6 billion USD and does a share buyback. The shares go up Mary Bara gets a 10 million raise and no battery is developed, no car is designed and no car is built. The iron rice bowl is alive and well in the US corpratocracy.

    • @ShawnWeeded510
      @ShawnWeeded510 หลายเดือนก่อน +3

      @fredfrond6148 socialist or communist leaning doesn't mean their economy is socialist or communist. A socialist country can still economically be capitalist. Same goes for Russia being communist but still being capitalist.

    • @troutstalker7855
      @troutstalker7855 หลายเดือนก่อน +2

      @@ShawnWeeded510 you got it..!!

    • @enhancedutility266
      @enhancedutility266 หลายเดือนก่อน +3

      ​@@ShawnWeeded510Russia is not communist they are state capitalist where the state has a say on critical functions of the economy or defense

    • @dyrectory_com
      @dyrectory_com หลายเดือนก่อน +4

      aka Socialism with Chinese Characteristics which is basically a blend of both capitalism & socialism. 💡

    • @brianliew5901
      @brianliew5901 หลายเดือนก่อน +3

      The system is not as important as the people who're running the show; competency is essential for every successful endeavor. 🤑

  • @pedromartinez5478
    @pedromartinez5478 หลายเดือนก่อน +15

    To much knowledge, to be socialist, not at this level USA.😂

    • @bdliaw3230
      @bdliaw3230 หลายเดือนก่อน

      What do you expect from those idiots & morons who got "elected " from the " dog-and-pony shows " every 2 or 4 years ? The levels of knowledge are not comparable !

  • @panzergrenadier90
    @panzergrenadier90 หลายเดือนก่อน +9

    THAT'S A LOT TO TAKE IN, GENTLEMEN. HAHAHAHA

    • @HomelessRomantic
      @HomelessRomantic  หลายเดือนก่อน

      That's what she said

    • @TacticalMayo
      @TacticalMayo หลายเดือนก่อน

      Tankie 🤣​@@HomelessRomantic

  • @linglee7677
    @linglee7677 หลายเดือนก่อน +3

    Please you guys don't read or what, Taiwan is not a country, does your country have diplomatic relation with Taiwan? I am sure not.

  • @randychurchill201
    @randychurchill201 หลายเดือนก่อน +2

    Socialism, Fascism, and Communism are pretty much the same thing. Who decides how they are different? People use these words but they mostly beg the question. Where is the sacred text that defines them in detail as to their specific differences and similarities? The thing they all have in common is that they empower the state to take capital from one class and redistribute to another class. In every case these revolutionary ideologies always give the state the power of the sword over those who don't want to volunteer to give away their labor and capital to someone else. In reality these ideologies are just a counterfeit charity scam. It is an assault on your property rights.

  • @pedromartinez5478
    @pedromartinez5478 หลายเดือนก่อน +12

    Carlin said the public sucks, agreed, half wits in charge, look at the election campaign!! 😂

  • @ikafmedia2007
    @ikafmedia2007 หลายเดือนก่อน +1

    👍👍👍 It's SURE a good story which analyses all the basics that we babbles abt with friends.
    I sub. to stay well informed. Thanks for the upload.

  • @mgreenester
    @mgreenester หลายเดือนก่อน +4

    Don't forget shipping. China builds the world's ships.

    • @spacetimemalleable7718
      @spacetimemalleable7718 หลายเดือนก่อน +1

      Also China leads in nuclear reactor technology. They are at least 10 yrs ahead of the U.S. and already has the first 4th Generation nuclear reactor in production and working on all 6 models of 4G nuclear reactors. Their goal is to have 150 new reactors in 15 years. The U.S. has no new reactors being built and most of our reactors are Gen2 - they're old.

  • @TalentedTenth
    @TalentedTenth หลายเดือนก่อน +2

    Sociailsm and communism only make progress due to capitalism. No invention has come from a socialist or communist country of any importance. From the automobile, flight, aeronautics, the internet, AI, robotics, mass production of food....none of those human achievements wouldve been possible without the profit motive and the ability to scale production with capital markets. Socialism has its strengths ...but innovation and decreasing poverty isnt one of them. Even Chinas greatest achievements have been via corporatons and state supervised/ private ownership of national resources.

    • @HomelessRomantic
      @HomelessRomantic  หลายเดือนก่อน

      Here are ten important inventions that originated from communist countries, particularly the Soviet Union:
      1. **AK-47**: Developed by Mikhail Kalashnikov in the Soviet Union, this assault rifle is one of the most widely used and recognized firearms globally[2].
      2. **Sputnik 1**: The first artificial Earth satellite, launched by the Soviet Union in 1957, marking the beginning of the space age[4].
      3. **Space Suit**: The Soviet Union developed advanced space suits for their cosmonauts, essential for space exploration missions[2][4].
      4. **Tokamak**: A device for confining a high-temperature plasma using magnetic fields, crucial for research in nuclear fusion[2].
      5. **Anthrax Vaccine**: Developed in the Soviet Union, this vaccine was an important advancement in medical science[2].
      6. **MIR Space Station**: The Soviet Union launched the first modular space station, which operated in low Earth orbit from 1986 to 2001[4].
      7. **Soyuz Rocket Family**: A series of spacecraft designed for human spaceflight, still in use today[4].
      8. **Ternary Computers**: The Soviet Union developed computers using ternary logic, which is different from the binary logic used in most computers[4].
      9. **GLONASS**: The Russian satellite navigation system, similar to the U.S. GPS, developed during the Soviet era[4].
      10. **Maksutov Telescope**: A type of catadioptric telescope invented by Dmitri Maksutov, widely used in astronomy[4].
      Citations:
      [1] en.wikipedia.org/wiki/History_of_communism
      [2] www.reddit.com/r/DebateCommunism/comments/5k5y51/what_innovations_or_inventions_have_communist/
      [3] www.encyclopedia.com/science/encyclopedias-almanacs-transcripts-and-maps/soviet-union-promotes-rapid-technological-development-communist-ideology
      [4] en.wikipedia.org/wiki/Category:Soviet_inventions
      [5] online.ucpress.edu/cpcs/article-abstract/57/1/130/196996/The-Invention-of-LegacyStrategic-Uses-of-a-Good?redirectedFrom=fulltext
      [6] history.state.gov/milestones/1953-1960/sputnik
      [7] cepr.org/voxeu/columns/shining-light-ppp-measurement
      [8] www.reddit.com/r/AskEconomics/comments/18r2fkv/if_gdp_ppp_is_more_accurate_than_nominal_gdp/

    • @TalentedTenth
      @TalentedTenth หลายเดือนก่อน +1

      @@HomelessRomantic so they made military innovations ( which America did as well btw). Nothing useful for every day life. Can you eat an AK47? I’ll give them satellites…but that’s it

  • @britonabrompton9912
    @britonabrompton9912 หลายเดือนก่อน +2

    I don’t feel you explained why you think Sweden (and it’s neighbours), who are all similar as regards politics and welfare systems are socialist. I guess when compared the USA they are, but to my mind it is the USA that is a right leaning outlier, rather than the Nordic and European countries, that are left leaning.

    • @palmpalm5131
      @palmpalm5131 หลายเดือนก่อน +4

      At @9:29 he kind of explains it…Strong welfare state and emphasis on social equality. Being socialist is not so much about left or right. It’s about the people rather than catering to billionaire oligarchs. That means free or affordable healthcare, education, housing, transportation…life’s essentials. It means helping people help themselves by removing barriers to achieve. When life’s basic necessities like, food, shelter, healthcare and infrastructure are taken care of (by making it affordable), that coupled with an educated populace and hardworking attitude, then people are given the space to succeed and innovate.

    • @johnwright9372
      @johnwright9372 หลายเดือนก่อน

      Americans don't know what socialism is. They automatically equate it with Communism and the only thing they know about them is that they are "bad".

  • @kylejames418
    @kylejames418 หลายเดือนก่อน +3

    South Korea is not a socialist country in the slightest. At least in reality 😂

  • @noheroespublishing1907
    @noheroespublishing1907 29 วันที่ผ่านมา

    The problem with the United States is that their is a failure to recognize that Correlation doesn't equal Causation. Many people who point out the increase in Education, Life Expectancy, Housing, Quality of Life, and associate Capitalism with that, fail to understand that these things are not connected, most all of these things have more to do with the Labor Movement, not Capitalism, but because people are taught not to know this, they associate these things through Osmosis, as in Capitalism existing simply makes the other things happen by default.

  • @gusmotorsports
    @gusmotorsports หลายเดือนก่อน +1

    Good leadership works!

  • @lzl4226
    @lzl4226 หลายเดือนก่อน +1

    I think a lot of times naming and categorisation distracts from other nuances of reality. China obviously runs on a mixture of socialist and capitalist ideas, which btw I suspect is the case for all countries. But there's a lot more to this, for example, in whatever system we talk about, a lot of it comes from the history and culture of its location. China is run now, more or less similarly, to how China was run for a few thousand years. With modern ideas, but still similar. For example, China is governed by career bureaucrats, who are appointed, who rotates around different positions at different locations, and people are okay with this arrangement, because it's always been done this way. Comparing this to most western countries, people are governed by counts and dukes, whom we elect nowadays, and they hang out at the kings court, which we call the parliament nowadays, and some of them, let's just say, might not be experienced nor practical people. We are okay with a system like this, because it's always been done this way. But let's say, if we were to swap certain aspect of those systems, because we see positive aspects of the other system, people might not be okay with it, it will be difficult. It has little to do with socialism or capitalism, it might be justified in such a way, but it probably has more to do with how people settle into traditions and this takes a very long time to change.

  • @tobyradenbaugh8965
    @tobyradenbaugh8965 หลายเดือนก่อน +3

    Not to mention - in general - socialistic countries kicks capitalistic countries ASS
    in The HAPPINESS INDEX👌
    Which in the big picture
    - IS ALL THAT MATTERS

  • @gregorychristainsen
    @gregorychristainsen หลายเดือนก่อน +2

    The multivariate regression work on these topics finds that the most robust determinant of economic growth is backwardness. China has grown faster than everybody else in recent decades because it had been backward. The backwardness has been receding, but China has only recently caught up to Mexico in terms of average living standards. The multivariate work finds the degree of capitalism to have a positive, not a negative impact. China's growth was enhanced by the opening of its economy in the the late 1970s. The outlook going forward has dimmed insofar as China has re-centralized to some extent. As far as IQ is concerned, China received a boost, at least from 1988-2006 (Lynn and Wang 2018), as formal education and literacy advanced in the second half of the 20th century. Otherwise, the average IQ of countries varies by world regions corresponding to genetic clusters, with Northeast Asians scoring highest on average, and sub-Saharan Africans and unmixed Amerindians scoring lowest (not considering Australian aborigines or African Bushmen & Pygmies, who account for only a small percentage of the people in Australia and Africa, respectively).

    • @keith6371
      @keith6371 หลายเดือนก่อน +1

      @@gregorychristainsen i have lived in Europe(France, Spain), Mexico, and China. I am a native of Los Angeles. The per capita number doesn’t really reflect ground truth. For example, I have a company in a tier 3/4 city in China, which is considered relatively backward, yet every household here has full AC, hot and cold running water, full bath rooms, full kitchen with many appliances , most families here own a pretty nice car. For all that, the total cost of all that is about 1/4 of Mexico, and maybe 1/6 of Spain/France. So the income in China buys much much more. I would say Chinese living standard is at least on par with Spain, much higher than Mexico. Remember, many French families don’t even own AC, even in Paris due to its high cost. Just some example, a microwave is about 15 to 20 dollars in China for the cheapest but functional ones, split AC is about 300 to 500 bucks installed

    • @onlyscams
      @onlyscams หลายเดือนก่อน +1

      @@gregorychristainsen Unmixed amerindians built some of the most impressive civilizations and structures in the ancient world. So I take that “genetic clustering” with a grain of salt

    • @normankoo6159
      @normankoo6159 หลายเดือนก่อน

      Your logic fails a bit on the backwardness explanation when you compare India’s development to China. Both countries had a large population at about the same level of backwardness, BUT China is now about 4 times richer.
      On the other hand, IQ being heavily influenced by the genetics is correct. Place in a dash of nutritional availability, and it all fits.

    • @randygraham926
      @randygraham926 หลายเดือนก่อน

      @@keith6371 Thanks for the intelligent analysis.

  • @Adnancorner
    @Adnancorner หลายเดือนก่อน +6

    So US is not socialist/communist ? ??
    What is
    "too big to fail"
    "bail out"
    or
    "made whole",
    "social security" ?
    please explain to me.
    Can we stop playing this "word play" game here ?

    • @deadbutmoving
      @deadbutmoving หลายเดือนก่อน +6

      I'll explain in a way that everyone can understand:
      In America, it's Socialism for Big Corporations and the Mega Rich, While Capitalism for the people. In China, it's Socialism for the people and Capitalism for the Big Corporations and the Mega Rich.

    • @jackyee7511
      @jackyee7511 หลายเดือนก่อน

      ​@@deadbutmovingvery well said 👏 👍

    • @randygraham926
      @randygraham926 หลายเดือนก่อน

      U.S. has socialism for the rich; dog eat dog capitalism for everyone else. As to social security ... people are forced to pay into it but have you tried to live on it? 😂 Social security is a rather weak attempt at socialism .... commendable on some level. It was passed in 1935 under Roosevelt when the poverty rate was 50% for seniors.
      It would probably be impossible to get Social Security passed through the U.S. Congress now unless they attached another trillion for Raytheon, war, and Issrael. 😂

  • @chankane
    @chankane หลายเดือนก่อน

    Bravo!

  • @MotokoOgawa
    @MotokoOgawa หลายเดือนก่อน +1

    More carbon emissions = more intelligence

  • @jonswap9097
    @jonswap9097 หลายเดือนก่อน +1

    Including going broke, and fake media.

  • @theatlantean8008
    @theatlantean8008 หลายเดือนก่อน +2

    The US is falling fast…

  • @trekpac2
    @trekpac2 หลายเดือนก่อน +6

    I am intrigued how Belarus makes it on this list. It must have a great educational system, like Russia does.
    Incidentally, Russia must be pretty high on this list, too. They are well-educated, lots of STEM graduates, are hard-working.

  • @teebone2157
    @teebone2157 หลายเดือนก่อน +1

    i am still wondrong how people consider china "socialist' with the largest banks, 2nd best GDP and huge market production

    • @lulc4694
      @lulc4694 29 วันที่ผ่านมา +1

      Bc it reinvests profits back into its public infrastructure and uplifting over 800 million out of poverty. Go to China, see how their standard of living has improved drastically over the decades and you will understand.

  • @thelammas8283
    @thelammas8283 หลายเดือนก่อน

    They might be centrally controlled, but they are free markets

  • @shackallison3084
    @shackallison3084 หลายเดือนก่อน +1

    Ummm. China isn't socialist.

  • @alko_xo
    @alko_xo หลายเดือนก่อน +4

    Guys, but your party conventions and reality tv (which has become the same thing lately) impress all of humanity!

  • @nancycole-auguste6614
    @nancycole-auguste6614 หลายเดือนก่อน

    Smarts and hearts attached to money become the root of all evil. What the world needs is consultation with hearts that still have wisdom because they still have love. Wisdom does not dwell in the brain only in the heart. "The love of money is the root of all evil." Only a gigantic calamity will either awaken them or wash them away.

  • @jparsit
    @jparsit 29 วันที่ผ่านมา

    What if US population is 1.4 b., can you imagine the chaotic.

  • @balozhende5727
    @balozhende5727 หลายเดือนก่อน +1

    In per capita terms, China ONLY has 1/3rd of the USA GDP. Per capita is important. I am an economist of 40 years.

    • @JayTse-x7l
      @JayTse-x7l หลายเดือนก่อน +6

      You can live comfortably with $25k usd in China. Try to do that in the US, economist.

    • @balozhende5727
      @balozhende5727 หลายเดือนก่อน

      @@JayTse-x7l I was referring to real dollars not nominal ones. as in PPP. You should know all about that since you are an economist yourself. Glad to see another economist in the discussion. I was an economics professor in China and was at good universities and I did research of a broad type including a commissioned project with the UN. America should not be upset Chinese are no longer starving like they were under Mao. I love both countries. Why not? Have a great week. I was there 1999-2012, before Xi.

    • @PwningGerZ
      @PwningGerZ หลายเดือนก่อน

      You’re a 40 years neoliberal trained economist! Which is worthless. How’s your food prices doing?

    • @balozhende5727
      @balozhende5727 หลายเดือนก่อน

      @@PwningGerZ NO I am not! I favor no school of thought. All of them have some truth. believe everyone should talk politely at all times I have almost 1ooo refereed articles and books. Have you read them? You would not have the time. Neither you nor I control food prices. Have a great day! I wish you were in one of my PhD classes. We would have wonderful discussions, much better than through TH-cam comments. Stay healthy.

    • @PwningGerZ
      @PwningGerZ หลายเดือนก่อน +1

      @@balozhende5727 with all the articles and books you wrote, American citizens are suffering in debt, can’t afford healthcare, can’t afford to buy a house and choose not to have kids because “our” world is burning. But hey you have a PhD and I guess I’m just an uneducated peasant.
      America who have destabilized many countries so they can extract raw materials for cheap, then call the people of all those countries “illegal” immigrants then make them work as cheap slave labor for your corporations. Then complain losing your jobs because of the lower paid immigrants.
      America the greatest comedian of the world.

  • @roberthornack1692
    @roberthornack1692 หลายเดือนก่อน +1

    Well at least it's nice to know some people will be prosperous before the world ignites!

  • @flyrodmike
    @flyrodmike หลายเดือนก่อน +2

    Scared I guess.

  • @HarryHound
    @HarryHound หลายเดือนก่อน +1

    Government financed by government banx

  • @1reveur
    @1reveur หลายเดือนก่อน

    Us have to keep up.

  • @yaoliang1580
    @yaoliang1580 หลายเดือนก่อน +3

    Any political or economic system, whether it's democracy or communism, capitalism or socialism is only as good as those who are running the show. Any system have their strengths n weakness, so it depends on the leaders

  • @AntiwarObserver
    @AntiwarObserver หลายเดือนก่อน +1

    Taiwan (Country:China)

  • @wwbren
    @wwbren หลายเดือนก่อน +2

    The US is leading in proclivity towards underhanded means. That might be a strong factor to success.

  • @KonglengLee-t6l
    @KonglengLee-t6l 27 วันที่ผ่านมา

    Meanwhile Indias noise decibels and corrupted egos growing off the charts. Watch palki the china lover at 1stpost on what noise is all about😂

  • @rickducharme7429
    @rickducharme7429 หลายเดือนก่อน +1

    fact: the USSR had the fastest growing economy of the twentieth century

  • @TheMahayanist
    @TheMahayanist หลายเดือนก่อน +1

    What "socialist" countries?

  • @teebone2157
    @teebone2157 หลายเดือนก่อน +1

    the US govt priortizies everytihng OUTSIDE of the US except corporations

  • @TacticalMayo
    @TacticalMayo หลายเดือนก่อน

    Tankie nonsense

    • @HomelessRomantic
      @HomelessRomantic  หลายเดือนก่อน

      You're welcome

    • @TacticalMayo
      @TacticalMayo หลายเดือนก่อน

      @@HomelessRomantic thank you! ☺️

  • @aprilswill9204
    @aprilswill9204 หลายเดือนก่อน

    Because greedy capitalist are never satisfied.

    • @giorgiocooper9023
      @giorgiocooper9023 หลายเดือนก่อน +1

      Do u actually believe that the socialist dictators are less greedy ???? Humans are humans !

  • @pedrothewise2584
    @pedrothewise2584 หลายเดือนก่อน +1

    theres more iq in legoland.

  • @larryCatford
    @larryCatford หลายเดือนก่อน

    united states has bad ass 'Zombie Economy '
    | Streets of Philadelphia, Kensington Ave Documentary | youtube
    | Inside Philadelphia’s ‘Zombie City’ The Real-Life Horror of Kensington | youtube

  • @freeneasy5906
    @freeneasy5906 หลายเดือนก่อน +1

    🧱 wall street loaded with buck$$$$$$$