It was not about showing the pitfalls of capitalism. It was about showing the detriments of monopolies, especially on land (or natural resources in general). Henry George, who was the original inspiration for Elizabeth Magie, wanted to show how landlords monopolising rent were detrimental both to the productive power of labour AND capital. For him labour and capital were in symbiosis, while the real "dog in the manger" was the landlord monopolist who withheld (or held for ransom) a vital means of production (land) and provided nothing of benefit to society in return. The failure of modern progressives to understand this is mostly because the importance of land (natural resources) in production has been forgotten - partly through the efforts of those interested in defending the institution of landed property.
*Forgive my paragraph structuring or lack there of:* Monopolies are the pitfall of capitalism Magie tried to showcase. Inevitable result of unregulated capitalism is monopolies forming within markets, these monopolies hypothetically would buy each other eventually leading to the collapse of capitalism. Post industrial capitalism is founded upon the idea that competition will lead to innovation, monopolies and monopoly like entities like oligopolies break this system by controlling the majority of a market allows them to profit through undercutting emerging competition as opposed to innovating more than their competitors. Example would be the candy bar industry, the dozens supposedly competing companies are all owned by the 1 or 2 companies, predictably there has been little innovation throughout the candy bar industry and prices have been steadily rising while manufacturing costs have been lowering Regulations on capitalism such "Monopoly Busters" (where companies that control 2% or greater of their respective market are broken into unrelated competing companies) exist to ensure companies are rewarded for innovating as that is the ideal capitalism is founded upon. 2% is an apparent guideline as companies like amazon controls 80% of the eCommerce market
Lizzie Magie was not anti-capitalist; she opposed monopoly privilege. Nor was Henry George anti-capitalist. He believed in the private ownership of tangible, capital goods but argued the case for the community ownership of land.
Ok, what about Albert Einstein, Hellen Keller, Dr. Martin Luther King Jr., Jacque Fresco, R. Buckminster Fuller, Eugene Debs, and the list goes on? Were the anti-capitalist or not? And what if they were anti-capitalist, they have rational, logical reasons to be anti-capitalist since structurally capitalism is unjust, unhealthy and unsustainable. Are we not supposed to expose and criticized flawed systems and expect better?
@@coolioso808 How Lizzie or Henry George would respond is that what was described by Marx and other writers as "capitalism" was in reality a system of socio-political arrangements and institutions brought into being by those who held power in order to protect their monopoly privileges. The agrarian landlordism of the pre-industrial era was never replaced; landlordism was extended as agricultural became commercial, as production of goods became the province of large and growing monopolistic enterprises, and as the financial sector similarly evolved. Monopoly is, from this perspective, the primary systemic problem to be eliminated. As access to nature is the birthright of all persons equally, the ideal means of granting individuals access to and control over nature is not by government mandate (i.e. under state socialism) but by competitive bidding for a leasehold interest (i.e., under market forces). So, yes, there is much that needs to be changed if we are to have truly just societies, with just laws justly enforced. What is interesting about most of the critics of the status quo you list above is that they were to some extent influenced by their reading of Henry George's works. Einstein's correspondence indicates that he read George and agreed with many of George's observations and conclusions. King quoted Henry George in his final book. Last year I gave a series of lectures on the history of the exchanges between proponents of Henry George's analysis and those of Marx and other socialists. The lectures are recorded and available on my personal TH-cam channel if you are interested. Edward Dodson
You didn't actually watch the video. It says. She was a "staunch" anti Californinist....wait... I mean anti capitalist. ( sorry my bad, typo). This lady was a very left communist,(like most them are) her whole goal was to show the " bad ways of capitalism " .... but in which showed the best ways of capitalism by cooperation, free trade, individual negotiations between parties, exempt from tyrannical leftist communist governments. Excessive taxation, and all the other pitfalls of natzi leftist communist people's. Freedom for you from government, Freedom for me from government
@@VANRICKELEN Lizzie was an anti-monopolist. The system she opposed was the system that resulted in the redistribution of wealth from its producers to monopolists and other privileged individuals.
@@BruddaOsasOfTheBoosh You saying you never remember him with a monocle?????? Coz to me he always had one, this is a Mandela effect hahaha you and me are from 2 different parallel universes 😉
People who watched this video still all missed the point and they’re just like “Oh, I love monopoly! Charles Darrow was definitely the man who invented that” Can the world please just end already
I learned something new! But yea people will believe whatever they want unfortunately. Anyway I just came to see if her version had a monocle because there’s been a bunch of people arguing over whether he ever had one or not! Like parallel universe/timelines conspiracies
That damn government always getting in the way of businesses trying to freely maximize their profit through competitive advantage over others in a near zero sum game of assured poverty, slavery, war and destruction of life support systems on Earth.
Carissa many many ppl VIVIDLY remember him always having a monocle, I remember even as a kid he has a monocle, I woke up on the 16th June 2016 and suddenly history says he never had one, depaite I remember he did. NOT misremembering, it's a mandela effect
.......if you pass go don't expect 200 pounds 🥊🥊🥊 via le treasury department of The Ministry Of Mayhem aka Coalition of Chaos. CEO Minka Co Sign MATT🚔👖🔪
@@alexanderjavier5237 what the fuck do you think happens in a free market?...monopolies are apart of free market capitalism dumb shit. Don't be stupid. It's reality its already happened, it's been getting worse for years. Bro you are on the wrong side, if you're anti-monopoly.
I didn't know the history of the game until today know wonder I loved the game I used to play it by myself when I was little. It was invented by a woman.
Maybe they falsely hoped we had learned our lessons from that past, accepted that market capitalism was a structurally unsustainable and violent system and we had the technology to create abundance and freely ensure people's basic needs are met without labor-for-income exploitation and oppression - but we didn't.
Nice video but you really should have picked horror music instead. Because the second rule set just puts a twist on taxes in capitalism that would prevent booms and busts and the evergrowing suffering caused by them. Read about Henry George and why his economics book (!) sold millions (!) in 1879 (!). Read about the 18.6 year cycle and you will understand why "The Landlords Game / Monopoly" becoming a symbol for Predatory Capitalism is one of the biggest ironic jokes in human history. It is hidden in plain sight.
Capitalism is slavery on steroids. 1. It forces you to work for food, water and shelter (basic human needs). Tell your kids they can not get food, water or shelter until they get a job and they will lock you up. (Physical Slavery and Mental Slavery) 2. Capitalism also mines you for your creativity then calls it their own. It's called business. Work 50 years for a drug company to cure cancer... Guess what, that's the drug companies cure not yours! (Creative/Mental Slavery) But since you and the rest of us are born into this system we are indoctrinated, programmed. groomed to believe that this is the how life is, this is the best we can do. (Chattel Slavery - Your parents were indoctrinated into the system then you were automatically born a slave by default) So you being happy that "capitalism wins again" is an enslaved human being not realizing that they are enslaved. But that is the point of capitalism. So... yes capitalism wins again
Because he used to have one, in the early 90s I played monopoly every wednesday at a friends' house (little tournaments of different board games), and he did have a monocle. Probably just the aliens who are doing stuff on this planet that makes our reality change 🤣 Same with britney spears having that clip in red suit wearing a microphone and earpiece, but when you look it up now you won't find any mic or earpiece in that clip, or the fact she wore a braid skirt in her first clip (baby hit me one more time) but if you look it up now it's a black skirt which doesnt even make sense in a school back then.
I love free markets and capitalism. Let the people be free, we will always take care of the old, the feeble, the poor, the children, the minorities, the immigrates, and support the people who make their own way. Capitalism is the fairest, most just, most equate system ever invented. Glory to the people who make their own way and provide for others.
It was not about showing the pitfalls of capitalism. It was about showing the detriments of monopolies, especially on land (or natural resources in general). Henry George, who was the original inspiration for Elizabeth Magie, wanted to show how landlords monopolising rent were detrimental both to the productive power of labour AND capital. For him labour and capital were in symbiosis, while the real "dog in the manger" was the landlord monopolist who withheld (or held for ransom) a vital means of production (land) and provided nothing of benefit to society in return. The failure of modern progressives to understand this is mostly because the importance of land (natural resources) in production has been forgotten - partly through the efforts of those interested in defending the institution of landed property.
*Forgive my paragraph structuring or lack there of:*
Monopolies are the pitfall of capitalism Magie tried to showcase. Inevitable result of unregulated capitalism is monopolies forming within markets, these monopolies hypothetically would buy each other eventually leading to the collapse of capitalism.
Post industrial capitalism is founded upon the idea that competition will lead to innovation, monopolies and monopoly like entities like oligopolies break this system by controlling the majority of a market allows them to profit through undercutting emerging competition as opposed to innovating more than their competitors.
Example would be the candy bar industry, the dozens supposedly competing companies are all owned by the 1 or 2 companies, predictably there has been little innovation throughout the candy bar industry and prices have been steadily rising while manufacturing costs have been lowering
Regulations on capitalism such "Monopoly Busters" (where companies that control 2% or greater of their respective market are broken into unrelated competing companies) exist to ensure companies are rewarded for innovating as that is the ideal capitalism is founded upon. 2% is an apparent guideline as companies like amazon controls 80% of the eCommerce market
Monopolies are the result of unregulated free market capitalism.
Lizzie Magie was not anti-capitalist; she opposed monopoly privilege. Nor was Henry George anti-capitalist. He believed in the private ownership of tangible, capital goods but argued the case for the community ownership of land.
Ok, what about Albert Einstein, Hellen Keller, Dr. Martin Luther King Jr., Jacque Fresco, R. Buckminster Fuller, Eugene Debs, and the list goes on? Were the anti-capitalist or not? And what if they were anti-capitalist, they have rational, logical reasons to be anti-capitalist since structurally capitalism is unjust, unhealthy and unsustainable. Are we not supposed to expose and criticized flawed systems and expect better?
@@coolioso808 How Lizzie or Henry George would respond is that what was described by Marx and other writers as "capitalism" was in reality a system of socio-political arrangements and institutions brought into being by those who held power in order to protect their monopoly privileges. The agrarian landlordism of the pre-industrial era was never replaced; landlordism was extended as agricultural became commercial, as production of goods became the province of large and growing monopolistic enterprises, and as the financial sector similarly evolved. Monopoly is, from this perspective, the primary systemic problem to be eliminated. As access to nature is the birthright of all persons equally, the ideal means of granting individuals access to and control over nature is not by government mandate (i.e. under state socialism) but by competitive bidding for a leasehold interest (i.e., under market forces).
So, yes, there is much that needs to be changed if we are to have truly just societies, with just laws justly enforced.
What is interesting about most of the critics of the status quo you list above is that they were to some extent influenced by their reading of Henry George's works. Einstein's correspondence indicates that he read George and agreed with many of George's observations and conclusions. King quoted Henry George in his final book.
Last year I gave a series of lectures on the history of the exchanges between proponents of Henry George's analysis and those of Marx and other socialists. The lectures are recorded and available on my personal TH-cam channel if you are interested.
Edward Dodson
You didn't actually watch the video. It says. She was a "staunch" anti Californinist....wait... I mean anti capitalist. ( sorry my bad, typo). This lady was a very left communist,(like most them are) her whole goal was to show the " bad ways of capitalism " .... but in which showed the best ways of capitalism by cooperation, free trade, individual negotiations between parties, exempt from tyrannical leftist communist governments. Excessive taxation, and all the other pitfalls of natzi leftist communist people's. Freedom for you from government, Freedom for me from government
@@VANRICKELEN Lizzie was an anti-monopolist. The system she opposed was the system that resulted in the redistribution of wealth from its producers to monopolists and other privileged individuals.
The monicle!
It bothers me
@@BruddaOsasOfTheBoosh You saying you never remember him with a monocle?????? Coz to me he always had one, this is a Mandela effect hahaha you and me are from 2 different parallel universes 😉
It does not exist
Yees he always had a monocle I swear
@@ThatOneReligiousCatholicPerson comrade i remember him wearing one 🤔
Sooo……..
The monopoly man definitely had a monocle?? 😂
People who watched this video still all missed the point and they’re just like “Oh, I love monopoly! Charles Darrow was definitely the man who invented that”
Can the world please just end already
I learned something new! But yea people will believe whatever they want unfortunately.
Anyway I just came to see if her version had a monocle because there’s been a bunch of people arguing over whether he ever had one or not! Like parallel universe/timelines conspiracies
Very interesting history! Thanks for sharing!
"Laissez-failre capitalism" LOL Yah right. Railroad barrons were getting a big help from the govt. It certainly was not laissez-faire
That damn government always getting in the way of businesses trying to freely maximize their profit through competitive advantage over others in a near zero sum game of assured poverty, slavery, war and destruction of life support systems on Earth.
Henry George idea was to give all citizens a share from Land Value Tax. Mentioned by Guy Standing in his book Basic Income and How to Make it Happen.
Amazing video and explanation! More people needs to know about thre truth!
SO WHATS WITH THE MONICLE?
HMM
It prob wasn’t made at the time.
Carissa many many ppl VIVIDLY remember him always having a monocle, I remember even as a kid he has a monocle, I woke up on the 16th June 2016 and suddenly history says he never had one, depaite I remember he did. NOT misremembering, it's a mandela effect
@@abztrakt7071 YESS and there’s more!
Mandela effect
No monocle!
Very informative 💎💎💎
.......if you pass go don't expect 200 pounds 🥊🥊🥊 via le treasury department of The Ministry Of Mayhem aka Coalition of Chaos.
CEO
Minka
Co Sign
MATT🚔👖🔪
She was an anti-monopolist, not an anti-capitalist.
Exactly I think that’s what people confuse all the time I agree with free market capitalism not monopolies
Capitalism is monopoly.
@@alexanderjavier5237 what the fuck do you think happens in a free market?...monopolies are apart of free market capitalism dumb shit. Don't be stupid. It's reality its already happened, it's been getting worse for years. Bro you are on the wrong side, if you're anti-monopoly.
@@aestheticbeatz5700 false
@@aestheticbeatz5700 false and also brush up on the language low life you’re not looking to smart aside from being wrong already.
Dang it Marty you changed the time-line. We need to go back to 1955!
Amazing video, well done!!!!
they monopolized monopoly :(
The best players are always the greedy ones.
Best players are always Capitalist mentally 🇺🇸
0:53 false everyone was getting richer. Which led to increase in population because they weren't starving on the farms.
Yeah and many of the ”robber barons” of the gilded age actually caused the prices of their respective products to fall significantly.
Great history! Tks!
Did anyone notice he had one looking Glass eye piece.
My TV watchesme lol it’s a monocle..
Yeah but u can still look out if it duh
MR PAINT did u get my message
They change him
I didn't know the history of the game until today know wonder I loved the game I used to play it by myself when I was little. It was invented by a woman.
How do you play Monopoly by your self?
Greyhound216 Durbauree It is possible I used to do it
I wanna know the other half of the game
Why do they make unfettered capitalism and greed sound like it's a thing of the past? Lol
Help me please
Maybe they falsely hoped we had learned our lessons from that past, accepted that market capitalism was a structurally unsustainable and violent system and we had the technology to create abundance and freely ensure people's basic needs are met without labor-for-income exploitation and oppression - but we didn't.
Nice video but you really should have picked horror music instead. Because the second rule set just puts a twist on taxes in capitalism that would prevent booms and busts and the evergrowing suffering caused by them.
Read about Henry George and why his economics book (!) sold millions (!) in 1879 (!). Read about the 18.6 year cycle and you will understand why "The Landlords Game / Monopoly" becoming a symbol for Predatory Capitalism is one of the biggest ironic jokes in human history.
It is hidden in plain sight.
I like how capitalism wins again
I didnt like it and you wouldnt too if you grow up
Capitalism always wins in the end. It rewards value creation.
@@justing1810 truly
Capitalism is slavery on steroids.
1. It forces you to work for food, water and shelter (basic human needs).
Tell your kids they can not get food, water or shelter until they get a job and they will lock you up. (Physical Slavery and Mental Slavery)
2. Capitalism also mines you for your creativity then calls it their own.
It's called business. Work 50 years for a drug company to cure cancer... Guess what, that's the drug companies cure not yours! (Creative/Mental Slavery)
But since you and the rest of us are born into this system we are indoctrinated, programmed. groomed to believe that this is the how life is, this is the best we can do.
(Chattel Slavery - Your parents were indoctrinated into the system then you were automatically born a slave by default)
So you being happy that "capitalism wins again" is an enslaved human being not realizing that they are enslaved. But that is the point of capitalism. So... yes capitalism wins again
@@justing1810this is irony
I KNOW somebody has time traveled cuz I know for a FACT that the monopoly guy had a monicle
It was prob removed but added back or it wasn’t made at the time
He Never did, and you can't prove he did.
@CryptMan oh god its this person
@@jcblocka7477 real one didn't. Knock offs did. Confusion comes from that, since knockoffs were as popular as og.
I used to get the monopoly guy and the pringle guy mixed up
your accent is better than Sherlock Holmes :)
I always win at monopoly
That one dude has been dethroned
Why does your animated Monopoly Man have a monocle?
Because he used to have one, in the early 90s I played monopoly every wednesday at a friends' house (little tournaments of different board games), and he did have a monocle. Probably just the aliens who are doing stuff on this planet that makes our reality change 🤣 Same with britney spears having that clip in red suit wearing a microphone and earpiece, but when you look it up now you won't find any mic or earpiece in that clip, or the fact she wore a braid skirt in her first clip (baby hit me one more time) but if you look it up now it's a black skirt which doesnt even make sense in a school back then.
I love free markets and capitalism. Let the people be free, we will always take care of the old, the feeble, the poor, the children, the minorities, the immigrates, and support the people who make their own way. Capitalism is the fairest, most just, most equate system ever invented. Glory to the people who make their own way and provide for others.
Tx :)
Of course it was a woman the invented the game but credit was stolen from her!!!
Lol they all so always stupid
That's not how you pronounce "patient".
she said
patent
nor patient.
It’s patent stop trying to sound smart
Elizabeth Magie, the inventor who inspired by Henry George, 1903
Charles Darrow, reinventor and seller to
Parker Brothers 1932-1935
This game’s success highlights the beauty of capitalism
Socialism is when no board games
@@elliott257 And Communism is when evil Stalin doesn't let you play😎
Success for everyone but the creator. Good Capitalism!
She sounds like she wasn’t very good at her own game, or at the game of capitalism. She could have been rich.
I'm the only one who commented.
Help please
Not to be funny but she literally went against her own beliefs by selling out and allowing herself to be monopolized
So Lizzie was a Communist
Pitfalls of capitalism. What a nonsense..
Every bit of this is ironic. Anti capitalist creates monopoly. Then sold it for $500. The buyer then millions, 😂