Capitalism creates poverty for more people at a faster than it does wealth for few. This is a fundamental contradiction of capitalism and precisely why capitalism must be abolished everywhere and replaced with communism. I do not agree that "progressive capitalism" is the answer. Perhaps as a bridge to socialism it could be the right choice, but the future does not support capitalism being part of it. Capitalism is unsustainable. I support a worldwide Communist Revolution instead of making capitalism "nicer". We have no time for that, and expecting capitalism to produce good ends is like the frog expecting the scorpion not to sting her in Aesop's fable. You acknowledge this in your critique. Keep up the great work!
Absolutely!! For this to succeed, though, we must have harsh social punishments for selfishness, or desires to have more than others. Equality is the enemy of hierarchy.
Why would you want to replace capitalism with a garbage system like communism? If capitalism is bad communism is abysmal. Even feudalism is better than communism.
LOL that book is horrible. His example of traffic lights takes away freedom not gives freedom. It the classic order vs. freedom conflict where people prefer order over freedom. Its actually, a basic principle in civics. Stiglitz is to lazy to even read an introductory civics book.
Clearly a false dichotomy you’re making here. An organized way of driving gives you freedom from some idiot T boning you and the freedom to safely drive. Saying having literally any rules means “order over freedom” is the most reductive definition of freedom imaginable, I think you just like the idea of saying people prefer order over freedom so you can extrapolate a silly example like this onto a situation that isn’t analogous. I genuinely don’t care what your civics professor said unless they have a vastly better argument than you just made but I suspect from your comment they don’t.
Excellent clip Vlad! That table you posted mid-clip had writing that's too small for most screens IMHO.
The table is also on my Substack. See the link in description.
Don't know why TH-cam put you on my feed but this is an awesome video.
Thx.
Capitalism creates poverty for more people at a faster than it does wealth for few. This is a fundamental contradiction of capitalism and precisely why capitalism must be abolished everywhere and replaced with communism. I do not agree that "progressive capitalism" is the answer. Perhaps as a bridge to socialism it could be the right choice, but the future does not support capitalism being part of it. Capitalism is unsustainable. I support a worldwide Communist Revolution instead of making capitalism "nicer". We have no time for that, and expecting capitalism to produce good ends is like the frog expecting the scorpion not to sting her in Aesop's fable. You acknowledge this in your critique. Keep up the great work!
Yes! Also, no such thing as "progressive capitalism".
Absolutely!! For this to succeed, though, we must have harsh social punishments for selfishness, or desires to have more than others. Equality is the enemy of hierarchy.
Not supported by evidence
Why would you want to replace capitalism with a garbage system like communism? If capitalism is bad communism is abysmal. Even feudalism is better than communism.
Capitalism is great, if you're the one with the capital.
LOL that book is horrible. His example of traffic lights takes away freedom not gives freedom. It the classic order vs. freedom conflict where people prefer order over freedom. Its actually, a basic principle in civics. Stiglitz is to lazy to even read an introductory civics book.
See (Janda, 2017) The Challenge of Democracy 14e Chapter 1: Freedom, Order, or Equality?
Clearly a false dichotomy you’re making here. An organized way of driving gives you freedom from some idiot T boning you and the freedom to safely drive. Saying having literally any rules means “order over freedom” is the most reductive definition of freedom imaginable, I think you just like the idea of saying people prefer order over freedom so you can extrapolate a silly example like this onto a situation that isn’t analogous. I genuinely don’t care what your civics professor said unless they have a vastly better argument than you just made but I suspect from your comment they don’t.
@@Nosirrbro Didnt graduate high school kid?