Just imagine, if everybody stopped using Facebook etc. It would bring them down quickly. Start using just text and calls only. Keep your life private, where it should be. How many people would do it???
So glad that documents like these exists,cause matters like these must be talked and it is very important to create awareness among people. Great work DW.
Rutger Bregman courage to call rich people out and telling them to stop pretending they cared about equality and fairness while avoiding paying taxes deserves a standing ovation. DW congrats for another great documentary. You always deliver 👏🏼👏🏼👏🏼
Meh. You dont fix the problem by intentionally paying tax. Change only comes through policy and legislative change. Start by outlawing donations into politics. Change will come from there
@@bjrnstorhaug8673 Agree 100% "Donations" to politicians have gotten so far out of control that they have corrupted the entire system. The biggest problem in correcting this is that the ones in charge of fixing it are the same ones benefitting directly from these "Donations" .....Broken System.
Lol we shouldn’t even be paying taxes, it’s a government scam and form of control. Humans are the only species on the planet that has to pay to live here and people actually defend that statement now days from the centuries of brainwashing.
If everything is catered to the rich, where are all the average workers supposed to live? We need them more than big tech.. who's going to take you to the hospital, put your fire out, fix your house teach your kids etc
This is NOT a new problem in "silicon valley". I remember hearing stories of workers sleeping on overnight city buses because they couldn't afford rent 15+ years ago
Exactly right. That man living in the van was claiming to be paying well over $2,000 for rent before the hike. That is already obscene. Tech didn't create a housing shortage, US zoning laws did.
I was a software engr when dot.bomb happened by 2000 and the startup I worked for went under. I had seen the writing and had a couple jobs lined up, but, literally, within days, hiring freeze Valley wide. I went from a potential stock option millionaire to losing my investment and job in 24hrs (my company had been in it's last step before going public). Some municipalities even set up drive-in theaters for the laid off to live in their cars. I could have perhaps worked in basic IT at half pay. But I decided to move back to my hometown, since I would have family for a housing safety net and much cheaper cost of living here. Plus no way I could even begin to live on unemployment in Calif (studio apt!), esp with the cost of living being so high. Moving home seemed the best solution at the time. Debateable if it was, esp as I hate my hometown, and I went though the loss thing again after 9/11 (and Enron). But it was Silicon Valley that literally ruined my life; not the Mecca I thought it was. But, I now can't see my having worked there long term, as a woman developer. Much better here. SV was a nightmare and it hasn't improved, 20yrs later. I will say that they laid off the women, Asian, and Indian developers first, regardless of contribution. There were basically no Blacks and very few other POC working in tech, unless they could "pass" for white. Yet tech is SO inclusive. Riiight... It was back to the 50s out there. For comparison, I was one of about 3 women in the world in another, completely male dominated profession in the 70s, and treated *really* well and highly respected. Silicon Valley is like a bad time machine to the 1950s.
This kind of documentaries deserves a big award on big screens especially in this kind of industry. I find it very informative and I think this is something that people should watch for them to be able to make a good change for what they believed in to have a positive impact in their respective community. God Bless and more power DW!
As someone who has lived in Silicon Valley for a decade, I saw crumbled local communities and gentrification as a result of the expansion of big techs. Thank you so much for telling the true story with this revealing documentary.
In all honesty, not unlike the oil markets blaming supply and demand economics - The Landlords spin the same fallacy to justify egregious rent prices. It's one of those things where the adage should be said; Just because you can do something doesn't mean that you should. It's ridiculously insane that many Tech workers in SF/Bay Area that make low 6 figures are actually considered to be poor or low income due to the absurd HCOL. High income areas should not be used as an excuse to effectively price gouge the housing market.
@@timothyharshaw2347 The city I live in is seriously overdeveloped during COVID, with 5 new apartment buildings (3K-4K monthly rent) surrounding the old one I lived for a decade. The houseless and those living in cars started to gather in my neighborhood. Now I'm planning to move away from Silicon Valley.
What is this....some sort of a communist dictatorship where there is no freedom for corporations and people decide what they want the politicians to do!? It is a democracy for god's sake! Where corporations are people and people are robots and robots (zuck, i am looking at you) are billionaires!
Lobbying... indeed. I'm not even sure why this kind of job field is still exists. It's like nepotism with extra steps (if I can explain it in nutshell lol).
It is really short sighted for a company like Amazon to pay workers low wages. Henry Ford paid the highest wages in the auto industry and made each of him workers customers, because they could afford to buy his cars.
Terry Prachett said that a poor man will spend ten dollars on a pair of shoes that will last one year while a rich man can spend 50 dollars on shoes that will last for ten years. In ten years that person will have spent twice as much on shoes than the rich person. Amazon short-sighted? Maybe, but having an poor employee spend twice as much on a product than a employee who is making a livable wage would seems pretty intentional.
When Amazon first came out it was the main highway of the internet. He let sellers on the site. But they get a pice of the cut and if your a seller you pretty much got no choice but to be on there and act like mob bosses with sellers and distributors. You don't get to the top by playing by the rules.
@@macrick You are completely incorrect. It was capitalism that enabled Ford to operate. It was efficiencies gained by innovations in mass production, plus a demand in the market Ford saw an opportunity to fill, he created a product and decided what to charge for it, and what to pay employees. That is ALL CAPITALISM. Capitalism has nothing to do with greed, or employees paying bad wages, or the pursuit of profit at the cost of everything else. Capitalism is purely the system which enables you to choose how you want to operate. Be it owning a business that produces a product or provides a service, or being an employee. If a company like amazon pays bad wages, its because that is the motivation of THAT company, and they can get away with it because the people that work there are easily replaced. You do not see this kind of structure in industries that require skilled workers, and yet they are still operating under capitalism. Does amazon NEED to operate this way? probably not, however this is the motivation of this specific company, driven by the demands placed on the board of directors. Essentially, the company has a bad culture. Ultimately, the people working there are not held at gunpoint. They chose to take the job, if for nothing else than lack of other opportunities. I worked at an unskilled job where the managers wanted to extract blood from a stone. I saw the writing on the wall, changed jobs and invested 4 years of my life studying nights, working 3 jobs and gaining experience. Now i earn 6+ fig, and have skills which are in demand. If i were to quit, my company would struggle to replace me, hence i can justify a higher wage. This is capitalism. An agreement to exchange my labour for a salary and conditions i and my employer agree to. None of that would be possible under communism or socialism, and neither would have been Fords success.
The government of every country allows certain big companies to grow bigger and bigger to such a point that these companies start shaping and dictating government policies to their own advantage. They say they pay millions of amount of taxes, virtually all the taxes are already factored in their selling price. Thanks DW for this master piece :)
So sick of over generalizations. We started with the Pandemic globally in late 2019. Companies like these grow so fast; most govt entities are way behind in movement to keep up with fast-growing espec Tech companies. So many layers to why things got out of hand real fast. We have so much corruption now at all levels of our Govt. We only have ONE PARTY that actually cares about making LIFE BETTER for the regular tax paying citizen. THE OTHER IS A PAWN OF THE DARK MONEYS THAT WANT TO DESTROY DEMOCRACY AND MOVE US TO AUTOCRACY ASAP. LOOK AROUND. THAT IS WHAT ROE VS WADE IS ABOUT. ITS ABOUT SUPPRESSING WOMEN'S POWER. EVERYONE HERE IS WHINING LIKE WE HAVE ONLY THIS ONE ISSUE IN THS TERRIBLY CORRUPT NATION RIGHT NOW. GREED, SELFISHNESS, NO LOYALTY TO OUR COUNTRY AND USING PATHOLOGICAL LYING AS A CONVENIENT TOOL HAS ALTERED OUR NATION.
This should be contrasted against the Trading Companies of the 1600's.. as in the Dutch East India Company, the Hudson Bay Company as seen in Frontier (Jason Momoa - Netflix), the Virginia Company, Bombay Burmah Trading Corporation etc.. these Companies rivaled the wealth of Kings and Crowns and their Nations and ultimately threatening the stability of regions and Nations. The US War of Independence should be noted that it was more about these Companies refusing to pay Taxes, something Americans are conditioned to celebrate.. but the reality is these Companies and their dignitaries hijacked a land mass. Im not sure why American see the refusal to pay Taxes as a good thing because common people didnt pay Taxes, only Land Holders and Business Operators paid Tax.. the Taxation of a Mans Wage/Salary was seen as barbaric, but today we are conditioned to see it as normal when in reality it is the act of these massive Corporations wanting to pay less and less Tax and transferring the weight of Taxes onto the shoulders of common people. Its the general premise of the book 'Atlas Shrugged' by Ayn Rand, that the Wealth Creators as they call themselves feel they shouldnt be Taxed and feel victimized. It was the problem of Kings in the 1600's but they ultimately failed in reigning in these massive Multi National Trading Companies who have been bending Nations to their will ever since
Chinese corporations are far worse than any of the examples put forward here. But DW has acted with extreme cowardice for not making special accounting for slave labor and industrial theft and manipulation from Chinese companies.. it's ridiculous beyond compare... The biggest manipulation comes from TikTok, Bytedance 50 Cent and the Chinese government !! So where is all the outcry here?
I don’t understand why these companies were allowed to buy so many other companies - it’s pretty obvious that they’d end up being monopolies. Why aren’t there rules in place to stop so many acquisitions?
Facebook would rather "donate" money to a small town than pay income or wealth tax: the amounts they give to the town are voluntary and far smaller than what a tax bill would demand.
Like seriously and these policians how do accept Facebook to give donations and give tax breaks to multi billion dollar companies the taxes they would have paid it would have catered for all those things that they are donating to and there wouldn't need for donating...
The reason why ultra-rich people escape taxes: their earnings don't come in the form that regular rich and regular people do. So they can design their own systems within our tax and legal systems. They, ultra wealthy individuals and organizations, can barter with each other. Ultra wealthy people can structure their finances in the same way a business does. They can make a significant part of their net worth tied to a trust, a private equity firm, a partnership, etc. They structure their finances like a business organization because they can afford the professionals to support this, and there are all sorts of sneaky (non-taxed) wealth transfers that can happen. It's really complex. This is stuff that people worth "only" $50-100m are doing. A regular rich person is what you get if you work 30-40 years and keep your head down and don't live beyond your means (still can live a life that many consider ultimate luxury _already_ , just ask many economic migrants why they love the USA, Germany, UK, etc. These countries have opportunity, but that often gets used as a "see, no issues with wealth inequality, tax avoidance, toxic growth mindset here!" The evidence of maybe 10% living quite comfortably is evidence that the system works. I'm often reminded of "mercantilism" when I think about modern billionaires and the growth at all costs mindset. They may be legalistically or even philosophically correct in defending their acquisition and wielding of wealth and influence, at least in the framework of their contemporary society. We're still living in the past in many regards. Many of us do not feel like the world should be a playground for the few. I am hopeful that the young generations will be better prepared to deal with this than the outgoing generations' most influential people.
Is what the UK government have been doing for years, its actually pretty easy to setup a company (or least was, is being cracked down on now though apparently) doesnt even have to have any finance documents with something called companies house, then bam you get access to banks etc, was least literally that easy!
@Ralph Buchwitz If you're working legally in the United States, there's automatically money withheld from your checks. If you are MFJ and make less than $24,400 (? 2020 std deduction) in AGI , you won't owe federal income taxes. You will usually bear responsibility for half the FICA tax, 3.750% iirc. Youll also owe state and local municipal taxes on income , depending. You might think your tax return indicates no tax burden, after all, theyre sending you back money that was withheld from your paychecks automatically most likely. Iirc there's a minimum but you may elect to have more withheld (usually a bad deal because of the TVM, but it can be useful or recommended in some cases. If you're itemizing when filing taxes, you are likely paying taxes to the federal government. Even if you're a McDonald's fry cook, the IRS will withhold some of your paycheck! They may give it all back if you make
I will repeat on every platform I watch your content: thank you for being such a high quality state media. This morning I clicked on your "Documentary" playlist and was shocked by the amount of topics and angles you cover. I knew you had many, but not so many! I hope you maintain your solid position worldwide. We need high quality food for our mind.
The basis of this video should be implemented in highschool and college academics. This matter of this issue is so necessary and very eye opening thanks to the editors/narration for making this video as comprehensive as it is, well done. 👌🏾
I lost my job in SF during the shut down while clearly the wealthy class went on partying and making record profits. Some people seemed to think they were "chosen ones" who "deserved" the ability to keep making money during the shutdown by being important and other people were just lazy/uninspired
Chosen by other wealthy people. The people in charge only shut down things that wouldnt make their business interests grow. I am so sorry. I feel lucky to already have been disabled during this. The inflation is really killing us here though. Were taking out 450 dollars in loans a month to survive. There are people like me out there that know youre not "lazy" its almost impossible to get ahead and survive right now. Im just glad we still are. Huge hugs💙💙💙💙💙💙💙
The problem that no one is really discussing is that for much of the last few decades, there has been almost zero regulations regarding commercial interests and personal privacy or any serious repercussion when the public trust is violated by these companies who start projects that attempt to predict consumer actions based on data that doesn't even matter if it's anonymized. If the data is held by someone and they're willing to exchange or sell it to another party, you're no longer anonymized. We cannot even trust the USPS to do this and that was known for over 50 years now (change of address database updates can be subscribed to for a price). While Safe Harbor and other laws were passed at the time of everyone going "online", the fact is that we still have laws that restrict sales of radio scanners on 800 MHz when it was an analog service like a baby monitor without any encryption or obfuscation. Just because Newt Gingrich got caught by a hot microphone due to their ignorance of the technology and potential still hasn't made consumer or citizens a priority to the shifting business whims as we're a very "progressive business-first capitalistic" republic. Mind you the laws in place now are mostly good, they shouldn't not be abridged for the sake of commerce but for the protection of the consumer and the citizen. Which is why the US needs their own EU style GDPR or even California's own Data Protection laws.... mind you that if you don't live in California, it doesn't protect you!
Hi! Could you please tell me what your profession is or which academic field you graduated from? Actually I am impressed by your essay, it seems like an article written by a skilled author.
someone had to do that, donate to the town. because the government did not. it's like doing the government's job for them. THAT is worthy of a deduction.
@@theCosmicQueen Yeah but in return they pay what? not even 1% in tax? These giants are essentially creating work-orders for basic infrastructure that are then promptly executed with tax payers money but in return they don't pay taxes which would force the branches of government to raise taxes on everyone but these Giants, it's making everyone poorer except them.
They had to create the infostructure to function on the level they needed to function on so its not really for the town. The town has gotten screwed royal.
Lobbying might include holidays, tickets for concerts, sexual favours, straight bribery. or blackmail. Lobbying involves big business persuading or coercing or cajoling or enticing legislators to give them something, or prevent something which will benefit their shareholders. Dancing on the head of a pin regarding definitions is prissy. It's corruption is what it is. If lobbying is conjoined in the public imagination with bribery they're not far off the mark.
@@jimmycricket7385 This also showed that people elected in office does not know better than the average joe...Most of them work the very least amount but still got a 6 figures salary (WHITOUT counting the donation they got under the table) I wish Netflix made a documentary exposing the luxury life of politicians/senators/etc so more people will actually want to be in office and not let the same guy get re-re-re-re-elected!!
@@aznosu not at all. it's lobbying, and used to be done without monetary reward, just interested citizens. Now they let them take rewards , and that part is probably already illegal, but not enforced. Bribery.
Those who believe that they are living the democratic American Dream... well clearly, it is a dream, and you'd have to be asleep to believe it. Goes for most of the rest of the global system as well... it's a big club, and you and I ain't in it. Thanks George Carlin. Live simply, and live well. And never stop thinking for yourself. 🖖
An outstanding quality documentary 👌👍 This is an exact reason why I am subscribed to DW Documentary Channel and always tried to watch every single video they uploaded 🙂
No not in everything u can follow them. U have the responsiblety to use your mind and think in all what u receve..don't let anyone think insted of u..cuz not everyone responseble about your life.
Noam Chomsky writes: "When you look at a corporation, just like when you look at a slave owner, you want to distinguish between the insitution and the individual. So slavery, for example, or other forms of tyranny, are inherently monstrous, but the individuals participating in them may be the nicest guys you could imagine. Benevolent, friendly, nice to their children, even nice to their slaves, caring about other people. I mean, as individuals they may be anything. In their institutional role they're monsters because the institution is monstrous. The same is true here. So an individual CEO, let's say, may really care about the environment and, in fact, since they have such extraordinary resources, they can even devote some of their resources to that without violating their responsibility to be totally inhuman"
The platforms were created by CIA/DARPA and set up as front corporations which earn trillions for the elite while establishing means to surveil and manipulate the thoughts/behavior of citizens.
Shahid Buttar puts it best "It really precludes us having a meaningful democracy when some people in our community not only have their basic needs assured but also every object of opulence and other people can't even survive.."
@@Weekbrownies they "can" technically. But realistically the system makes it very, very difficult for them to do so without a permanent residence. How do you register to vote in a precinct without a valid address? How do you get informed about who to vote for without access to information? Because of their situation and struggle, I can't even imagine being concerned with trying to figure out who to vote for next if I don't know how I'm going to feed myself or my family today, tomorrow, and the rest of the week. Why is it always a poor person's fault, when the system keeps them poor and doesn't provide them with adequate opportunities to escape poverty?
yes but why the focus on taxes when the obvious problem is that the salaries are too law? I don't see the places where the taxes are the highest having the best standards of living.
I’m not even paying German taxes for this German public broadcast service; yet, I am getting so much enrichment from it. I wish I’d discovered DW earlier! And this is coming from an employee of one of the three corporations focused on in this video!
Free?Don't most people pay for either cellphone or internet each month? I remember when TV was free . Before cable. When cable sold as there will be no commercials . Well, that was a he pitch, no commercials. Last time I watched that it sure had plenty of commercials. Regular TV use to be free originally, once you bought a TV.
All of this was easily foreseeable. Governments let it happen, seeing the benefits for themselves, but then they got more than they bargained for and started imposing regulations on them, something they should've done years before to protect people's health, but when it was just people's health being harmed it didn't matter.
Yep the politicians do their bidding and when their terms are up they suddenly land a cushy job with the companies, making six figures a year. Hell a lot of times they just become lobbyists.
So...if you look back at where we were. Trump took over in what 2017. Did he do anything to reign in private enterprise? Of course not. It takes years of a balanced dedicated Congress to work on regulations. "Blaming the Govt" is such a friken cop out. Who has the magic wand? Who do you think should have magically worked on this while ignoring everything else? Everyone here wants to blame only the politicians. THE PEOPLE HAVE TO GET OFF THEIR ASSES AND PAY ATTENTION TO WHO THEY ELECT AND HOLD THEM ACCOUNTABLE. STOP OVERSIMPLIFYING. Sure, money talks. But much of this is so new in how it grew exponentially. REGULATION is really hard work to achieve. Lobbyists are part of the ugly problem. Blaming the "govt" is like blaming the auto for the Car accident. Wake up Americans. Our enemy today are global anti democracy gangsters that want little to no regulation, suppressing average people so that they have permanent RICH WHITE MALE CONTROL OF THE PLANET. Blaming the GOVT IS absurdly simplistic.
@@Devilishlybenevolent And that has to stop. i don't care if it's after thier term, it's still a form of bribery. Maybe make it so they have to wait 10 years after they leave office. before they can work for the company that's lobbying them. By then they won't be an insider any more.
I'm afraid of falling into this homeless category not realizing I already belong into this category as I don't own my own place, I pay rent. I could be without a roof any moment now. Uncertainty is a horrible feeling.
Discrimination in the west is surrounding objectivity. The politicians play the people over subjectivity only, merely a device so they turn on each other. It's really the homeless who don't have equality and then objectively: no food, no shelter, no clothing etc.
The rise of mega-corporations raises critical questions about our society and democracy. This documentary's exploration of their influence is a much-needed wake-up call. Thank you for shedding light on this important issue.
When you give these companies a tax free playground you give them all the control. Which is absolutely terrible. It shows that the people running things have no integrity and no patience. You should tax the hell out of business. AND make each business responsible for the road maintenance of the road it sits on.
lobbying is supposed to be done for free and without any compensation to t he politician. when they brought in lucrative rewards, that's bribery.Ban the rewards. Not the Lobbying, that is just you or me making a habit of calling and writing to our legislators about an issue. THAT is real lobbying.
u cant they will rename it in to something legal or not illegal yet from lobbyist in something else for example "company consultants" or advisers its fun how easy high politic bypass legal-illegal calling corruption "bad/good word" lobbying
In europe, this thing 'lobby' is called corruption and punished with prison between 3 and 7 years. I dont understand how you americans can swallow all this "lobby" shit.
Love how microsoft has a larger market cap than Google but rarely ever gets mentions in pieces like this. Microsoft has done a great job of keeping a low profile. Stay under the radar, avoid media spotlights and grow
Microsoft has kept a 'low profile' only by making poor decisions on the consumer market, but cementing themselves as the major player in enterprise, which is a more lucrative and stable market than the consumer. Many organisations now live and breathe through Microsoft, from Teams for in-house chat and project management to Azure for data storage and management (increasingly providing advanced analytics capabilities), along with the near-total monopoly on operating systems and day-to-day capabilities for word processing, spreadsheets, presentations, etc. through MS office.
@@kenny95-32 You've nailed it. My professional life is completely housed within the Microsoft ecosystem and honestly, I'm a fan. Need to buy more stock lol
@@Imperatorius45 it's interesting that 'traditional' bad press surrounding things like their failed attempt at rivalling android has kept them on that respectable low profile. Turns out all you need to do in modern tech is not get caught doing excessively creepy stuff with people's data, which shouldn't be such a high bar.
I think because it's a corporate that serves other corporates who have their own teams of lawyers and experts that can fight their own battles. This video targeted Amazon, Google, Apple, Facebook because all are consumer companies and its the Govts job to protect consumers in a democracy.
@@valentineisraelshabangu4069 They could be destroyed by stop using their platform. Educate people. They not the only social media ,or create your own . Use your brain
But if Facebook doesn't pay taxes, the people can't have a say in how their city expands and "leans". Wouldn't it be better if they paid their 20% taxes and let the city decide where they will "donate" their tax dollars?
@@lorainestjames4181 but you can vote elected officials out of office. You can't force the CEO of a company to resign because you don't like his/her vision for your city or municipality.
@@100americanmade that vision has to be ok'd by the city council etc. so yes it does take thier decisions on it and yes they are accountable to the citizenry.
This documentary is really helping me in my academic work - which focuses on the corrosive influence of mega-corporations on the democratic system. I will definitely reference the page. Thanks a lot to the team. Keep informing us!!! By the way who are your funders??😂😂😂👊🏾
Hello, thanks for watching and taking the time to comment. DW is funded by the German government. The work of DW is regulated by the Deutsche Welle Act: p.dw.com/p/17MtP, meaning content is always independent. Further information can be found on our website: www.dw.com/en/about-dw/s-30688.
Corruption in advanced economies is manifested through sugar-coated terms like lobbyists. What do you refer to a situation where a company finances an incoming President?
it could be called bribery, and includes any large donations even private person. But we DO get to see who paid them what amounts. And we can vote accordingly. That's why Trump refused any corporate donations or bigwig rich guy donations to his campaign. He was showing his voters that he stood with them, and couldn't be bought like the swamp creatures who got rich from bribery so to speak.
I lived in Prineville, OR in the early 80's as a young child. It was a cute little place, and a wonderful spot to be a kid. Up where the Facebook data center is, was nothing but sagebrush and the town dump, where my dad would take me to shoot guns. Right across the street from the beautiful courthouse is a little diner called the Tastee-Treat. From 12 to 1 you could get the 'Noon Special' which was a little hamburger in a basket of hand-cut fries, a soda or coffee with free refills, and a single hand-dipped hard ice cream cone; for $1.50. The old men would sit around the u-shaped coffee counter and lie all day. The fire station would hit the siren at noon every day, and could be heard for miles. I had the fastest dog on the planet, and peed on a tree in my backyard so many times that it died. My Dad was a public school teacher, working in every school in the district except the High School, and he retired from teaching there. Economic decline and poor city planning had dealt Prineville a rough hand, long before data centers were a thing. First it was the dissolution of Cinnabar mining, then cattle ranching and timber issues. It remains to be seen if they will be a victim of Facebook, but Prineville has been the victim of the times, every time.
I'm so greatful to all of the people who have shared detailed reminiscences of their lives on this Earth randomly in the YT comments, apropos of whatever the content happened to be. I think it's a basically priceless element of the TH-cam stimulated human conversation; especially in these earliest years where there's a few generations who grew up pre-internet. I believe I've driven through Prineville! I'm in Puyallup, WA which was mostly beautiful farmland in the 80s and now is mostly strip malls and warehouses and cookie cutter housing sprawls. All these anecdotes illustrate a historical perspective, that modern times happened very recently; which is hard to teach or understand because it's so abstract relative to personal experience... As well as poetic microcosms of human experience! I'm sorry for the shrub I pee'd to death, but that's children studying cause and effect I gues!!? Can't make up these details...🙈😂 I miss target practice at the dump, off the back porch, so many places; it was fun, and yet tools not toys- practice for hunting or heaven forbid self defense. Rigorous safety was built into the culture, and mutual respect..::: How it's all changed is so much bigger than me I only catch glimpses of it in other peoples stories. So thank you all for sharing!! It fosters my hope of a future with a functional global democracy..:::❤🌎🤳 ☁️☁️☁️☁️⛅🌱🍀🌿 (( that has somehow cleverly sidestepped the (at least) two-faced fascist political good ol' persons club and the blandishments of big business puppeted by Mammon n' friends; and the gender, and race, and astrology wars; also (un)organized crime, as well as the legion of lone psychopaths working on super viruses and autonomous guerilla death drone swarms, it'll be fine!)) 🙈🤦♂️🤦♀️🌎💣
I can't understand how governments are so concerned about the big tech companies behaviour on one hand but are giving them almost unbelievable tax breaks on the other hand. It's almost like they must be working together on some issues.
Another excellent documentary, seriously, I appreciate the way you come at issues from other angles that are not so obvious, but suddenly become extremely important. And you add solutions at the end with a glimmer of hope. I like the 3 points at the end: 1. I agree with the lawyer guy, even if you break them up, it will come back again, 2. As the intelligent lady said, the only way to prevent this is to make the business model of 'trading in people' illegal, as it already is, although not in this current digital and en masse behavioural way. and, 3.as the last guy said, tax has to be much higher the more you earn, especially above any reasonable level where you'd actually ever need it . No one person can spend 1 billion in their lifetime on anything meaningful to their life, yet billions of people are struggling to make ends meet and many more suffering due to not having the basics. There has to be much more even distribution of wealth, not the celebration/league table of who has the most money that they don't need.
2.5% is what we as muslims have to pay on annual savings as mandatory charity. Imagine of that's followed globally by the rich, there would be great amount of poverty issues addressed.
I sure as hell can spend 1 billion meaningfully - i want to buy a 300 mil private ranch,private jet,invest in space tourism,buy my own Da Vinci painting etc etc . Now having 50 billion is too much,but 1 or 5 billion is not .
I'm so fed up with companies and billionaires not paying their shares and politicians licking the balls of their paid supporters like lapdogs instead of doing their jobs for the people. Grow some spines in Washington.
DW Documentaries are awesome! Detailed, Impartial, Unbiased! I hope DW Documentary continues to grow like this as its subscribers' count has been growing over the past few months!
@Road Hobbit That's correct. The most effective way to fight back against the corporations is to not have kids. Less kids means less people to buy and use their products in the future, and it also means there will be less people to serve as wage slaves for them. This will cause them to lose money and eventually bankrupt them. No matter how you look at it, having kids will only donate money to the wealthy elites.
No American people should be proud their tech industry has conquered the planet. Look at Europe, they don't have any tech company at that scale. They and their 50% tax slabs. Jeez
Best time to invest? thats funny though because in the last four months I have lost more than $47,900 in stock market which is the biggest I have loss since I ventured into stock investment.
you could be right or wrong depends on your expertise, I once made such loss when i invested thinking i have gathered enough trading skills from youtube videos
now its a different ball game for me because I was lucky to have met TERESA JENSEN WHITE, a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions.
Really? people are cashing in from the stock market and frankly speaking its comforting seeing someone admit to the fact that they actually seek help from professionals. please how can i reach TERESA ?
Facebook makes donations rather than pay taxes...and I'm sure they're writing those donations off every year, collecting a refund from the federal government. They're essentially a federal subsidies broker for the town.
The problem is not companies that are billionaires "not paying their taxes" in fact they get tax breaks for good reasons.... The real problem is how the government is spending the money that they do have....
How can we pay our taxes and if we try to get away from it, we get jail - but when you're SUPER mega rich - you can get away with effective tax rate below 1% ? How is that even possible? It is a huge crime !
It's like maybe 🤔 corporations and governments can bail out the people for once... Just once and not with crumbs. But no, we have to bail out companies n governments only to have those entities enslave, discriminate and regulate us... What a sham!!!
Maintaining Shareholders wealth is not sustainable and is destroying everything that is truly valuable. Those in power continue to rinse and repeat catastrophic failures while expecting different results without recognizing the insanity of it all. We have enough historical data to recognize societies collapse when they fail to upgrade accordingly. The entire system is not capable of scaling up. We have to seek a true alternative, like something Jacque Frescoe proposed. Those in power and control have to be the ones to want to change or it will continue the rinse and repeat throughout time.
As if the wildfires weren’t enough, the homelessness problem in California just keeps getting worse. If we aren’t careful, we could up in an “Eggers Circle” future where businesses will be more governing than actual governments.
It's stupid allowing China SM tech into the US, when China does NOT allow any SM West tech in China. China will have influence over the US people with this data.
I think the purpose of documentaries like this one is to send the RESISTANCE IS FUTILE message. This could explain why the criticism presented in this film is tolerated and not removed.
This should be contrasted against the Trading Companies of the 1600's.. as in the Dutch East India Company, the Hudson Bay Company as seen in Frontier (Jason Momoa - Netflix), the Virginia Company, Bombay Burmah Trading Corporation etc.. these Companies rivaled the wealth of Kings and Crowns and their Nations and ultimately threatening the stability of regions and Nations. The US War of Independence should be noted that it was more about these Companies refusing to pay Taxes, something Americans are conditioned to celebrate.. but the reality is these Companies and their dignitaries hijacked a land mass. Im not sure why American see the refusal to pay Taxes as a good thing because common people didnt pay Taxes, only Land Holders and Business Operators paid Tax.. the Taxation of a Mans Wage/Salary was seen as barbaric, but today we are conditioned to see it as normal when in reality it is the act of these massive Corporations wanting to pay less and less Tax and transferring the weight of Taxes onto the shoulders of common people. Its the general premise of the book 'Atlas Shrugged' by Ayn Rand, that the Wealth Creators as they call themselves feel they shouldnt be Taxed and feel victimized. It was the problem of Kings in the 1600's but they ultimately failed in reigning in these massive Multi National Trading Companies who have been bending Nations to their will ever since
Just a little unsettling to think of how the tables have been turned. The regulated is, in many ways, controlling the regulators instead of the reverse.
Wealth creators: "plumbers, teachers, nurses, care workers..." It is obligatory to recognize their worth but I doubt if these groups have issued many patents. In Sweden the income gap is very small but the wealth gap is very large because Sweden understands that to fund all their generous social programs requires a vibrant capitalistic system.
Further proof of Microsoft having perfected their cloaking device. Depending on the day they are generally the 2nd most valuable company on the planet. Current value on 5/19/2022 is 1.89 Trillion.
Lmao no. The most valuable company is Jay z because in his own words "I'm not a businessman I'm a business, man!" The second is the company who owns pornhub and all the other porn sites. The third is yeah and Microsoft is probably 69th.
People wonder why inflation is rising and the people's needs are still not met, while the richest people are siphoning the money from the rest to themselves, right in front of our eyes. There is only so much money in the world, and most of it will never end up in the right hands.
I like it how DW is openly ideological, makes it more interesting. I'm not on social media and I don't follow it - born in 1979 - because I don't enjoy it and I think those platforms basically make the world a worse place, but WhatsApp, TH-cam (so much great stuff like this to see) and Google have certainly been very much positive things in my life - and I even like to buy stuff from Amazon as it's fast and reliable.
I don't buy from Amazon. Never have. I understand why we need our local small business. Rethink your position - if you don't want to become like China, with ESG scores that determine your buying power.
@@seahorse2 The reason Amazon wins is pretty simple, they are a better product You can just stay in your home and order on your laptop, which is a lot of times far more convenient than going out and buying You can do it within minutes The reason Amazon wins is that it is a better product, it's that simple. Whatever negative stuff exists about amazon like tax evasion etc, is simply not enough to negate the fact that they provide an amazing service for a very reasonable price. As long as the local small businesses do nothing other than complaining, they're going to lose You wanna beat your competitor? Try to be better than your competitor, instead of shamlesly complaining that the europeans do. In usa, we like to get thigs done instead of complaining
17:50 that professor called it "surveillance capitalism", the thing is, capitalism envolves the voluntary supply of products or services in exchange for money (capital). The problem is that the data extraction is not consensual or agreed and in many cases the "user" does not even understand or know that their informations are being collected/stolen to generate profits for the tech company. The "user " is not the client, the user is the data-mine. Forceful/ not agreed extraction of products or services is not called capitalism, there are other names for that.
That's just ridiculous. Every single time you use these companies' products, they explicitly and clearly states that your data will be stored and used. So crying about them using your data is just ridiculous if you agreed to it. It's not their fault that you signed to those terms and conditions without even reading the subheadings (because subheadings usually are written in such a way that you could understand most of the policies). Also, they are using these data for showing advertisements not to kill you or publicly disclose your private moments.
i consider myself lucky - got my own home, transportation, a small farm, a fallout shelter, firearms, a 100 KL underground water tank. I don't buy cereals and veggies from the supermarket.
Hats off DW ! With regards to the fast growing power turned in to monopoly of big tech companies is going to carry on. And it's frightening how to some degrees governments are being trapped, imprisoned for they have lost control of the whole situation.
There's something very ironic about watching this on TH-cam.
We’re captured. We can run but…..
Very true lol 😂
This😂
Lmfaooooo
@@sararichardson737 .... can't get rid of it
DW Documentary seriously NEVER disappoints. You guys seriously make the best documentaries.
Dont you find their insistance on incessant bgmusic gets annoying, fatiguing?
Agree!
Seriously.
Agreed!!!
for a socialist with a twisted mind, sure why not?
"When the product is free, you are the product".
Mark Z looks like he has been using too much of his own product....he has stopped looking human and turned into an AI. .. !!!
@@David-og7di he is a lizard
You're actually just the source material they use to construct their products
@@enriqueali The M Zuckerberg AI became self aware at 2.45 EST, haha like Terminator
Just imagine, if everybody stopped using Facebook etc. It would bring them down quickly. Start using just text and calls only. Keep your life private, where it should be. How many people would do it???
Form of taken back control! Well versed suggestion!
Me ✋🏼
Me too!
I quit Facebook in 2016, Instagram in 2018. I’ve not regretted either decision.
Text and calls aren't private
So glad that documents like these exists,cause matters like these must be talked and it is very important to create awareness among people. Great work DW.
Rutger Bregman courage to call rich people out and telling them to stop pretending they cared about equality and fairness while avoiding paying taxes deserves a standing ovation. DW congrats for another great documentary. You always deliver 👏🏼👏🏼👏🏼
Meh. You dont fix the problem by intentionally paying tax. Change only comes through policy and legislative change.
Start by outlawing donations into politics. Change will come from there
@@bjrnstorhaug8673 Agree 100% "Donations" to politicians have gotten so far out of control that they have corrupted the entire system. The biggest problem in correcting this is that the ones in charge of fixing it are the same ones benefitting directly from these "Donations" .....Broken System.
Agree about DW. They are awesome.
@@bjrnstorhaug8673 Unfortunately the people who can change the laws will never do that.
Lol we shouldn’t even be paying taxes, it’s a government scam and form of control. Humans are the only species on the planet that has to pay to live here and people actually defend that statement now days from the centuries of brainwashing.
If everything is catered to the rich, where are all the average workers supposed to live? We need them more than big tech.. who's going to take you to the hospital, put your fire out, fix your house teach your kids etc
This is NOT a new problem in "silicon valley". I remember hearing stories of workers sleeping on overnight city buses because they couldn't afford rent 15+ years ago
Exactly right. That man living in the van was claiming to be paying well over $2,000 for rent before the hike. That is already obscene. Tech didn't create a housing shortage, US zoning laws did.
I was a software engr when dot.bomb happened by 2000 and the startup I worked for went under. I had seen the writing and had a couple jobs lined up, but, literally, within days, hiring freeze Valley wide. I went from a potential stock option millionaire to losing my investment and job in 24hrs (my company had been in it's last step before going public). Some municipalities even set up drive-in theaters for the laid off to live in their cars. I could have perhaps worked in basic IT at half pay. But I decided to move back to my hometown, since I would have family for a housing safety net and much cheaper cost of living here. Plus no way I could even begin to live on unemployment in Calif (studio apt!), esp with the cost of living being so high. Moving home seemed the best solution at the time. Debateable if it was, esp as I hate my hometown, and I went though the loss thing again after 9/11 (and Enron). But it was Silicon Valley that literally ruined my life; not the Mecca I thought it was.
But, I now can't see my having worked there long term, as a woman developer. Much better here. SV was a nightmare and it hasn't improved, 20yrs later. I will say that they laid off the women, Asian, and Indian developers first, regardless of contribution. There were basically no Blacks and very few other POC working in tech, unless they could "pass" for white. Yet tech is SO inclusive. Riiight... It was back to the 50s out there. For comparison, I was one of about 3 women in the world in another, completely male dominated profession in the 70s, and treated *really* well and highly respected. Silicon Valley is like a bad time machine to the 1950s.
I'm living in my car too...
@@LemonLadyRecords wow...
@@theselfmadecollective7876 yea i read it too& am blown away
This kind of documentaries deserves a big award on big screens especially in this kind of industry. I find it very informative and I think this is something that people should watch for them to be able to make a good change for what they believed in to have a positive impact in their respective community. God Bless and more power DW!
Surely, our thoughts are same!
As someone who has lived in Silicon Valley for a decade, I saw crumbled local communities and gentrification as a result of the expansion of big techs. Thank you so much for telling the true story with this revealing documentary.
Thank you so much for watching and taking the time to comment, Kaia!
In all honesty, not unlike the oil markets blaming supply and demand economics - The Landlords spin the same fallacy to justify egregious rent prices. It's one of those things where the adage should be said; Just because you can do something doesn't mean that you should. It's ridiculously insane that many Tech workers in SF/Bay Area that make low 6 figures are actually considered to be poor or low income due to the absurd HCOL. High income areas should not be used as an excuse to effectively price gouge the housing market.
Kind of funny that it must come from a German TV Ch
@@timothyharshaw2347 The city I live in is seriously overdeveloped during COVID, with 5 new apartment buildings (3K-4K monthly rent) surrounding the old one I lived for a decade. The houseless and those living in cars started to gather in my neighborhood. Now I'm planning to move away from Silicon Valley.
Is that a good
Thing
Lobbying should be curtailed, money to politicians from business should be disallowed.
What is this....some sort of a communist dictatorship where there is no freedom for corporations and people decide what they want the politicians to do!?
It is a democracy for god's sake! Where corporations are people and people are robots and robots (zuck, i am looking at you) are billionaires!
Good luck
Lobbying... indeed. I'm not even sure why this kind of job field is still exists. It's like nepotism with extra steps (if I can explain it in nutshell lol).
Wish everyone would not vote to see what numbers they come up with
@@RX7MAN27 that's a good idea
It is really short sighted for a company like Amazon to pay workers low wages. Henry Ford paid the highest wages in the auto industry and made each of him workers customers, because they could afford to buy his cars.
That's how Amazon gets rich by paying 💩 wages.
You have to be aware that's before the age of capitalism. These days, anywhere where capitalism hits wages goes to shit
Terry Prachett said that a poor man will spend ten dollars on a pair of shoes that will last one year while a rich man can spend 50 dollars on shoes that will last for ten years. In ten years that person will have spent twice as much on shoes than the rich person. Amazon short-sighted? Maybe, but having an poor employee spend twice as much on a product than a employee who is making a livable wage would seems pretty intentional.
When Amazon first came out it was the main highway of the internet. He let sellers on the site. But they get a pice of the cut and if your a seller you pretty much got no choice but to be on there and act like mob bosses with sellers and distributors. You don't get to the top by playing by the rules.
@@macrick You are completely incorrect. It was capitalism that enabled Ford to operate. It was efficiencies gained by innovations in mass production, plus a demand in the market Ford saw an opportunity to fill, he created a product and decided what to charge for it, and what to pay employees. That is ALL CAPITALISM.
Capitalism has nothing to do with greed, or employees paying bad wages, or the pursuit of profit at the cost of everything else. Capitalism is purely the system which enables you to choose how you want to operate. Be it owning a business that produces a product or provides a service, or being an employee.
If a company like amazon pays bad wages, its because that is the motivation of THAT company, and they can get away with it because the people that work there are easily replaced. You do not see this kind of structure in industries that require skilled workers, and yet they are still operating under capitalism.
Does amazon NEED to operate this way? probably not, however this is the motivation of this specific company, driven by the demands placed on the board of directors. Essentially, the company has a bad culture. Ultimately, the people working there are not held at gunpoint. They chose to take the job, if for nothing else than lack of other opportunities.
I worked at an unskilled job where the managers wanted to extract blood from a stone. I saw the writing on the wall, changed jobs and invested 4 years of my life studying nights, working 3 jobs and gaining experience. Now i earn 6+ fig, and have skills which are in demand. If i were to quit, my company would struggle to replace me, hence i can justify a higher wage. This is capitalism. An agreement to exchange my labour for a salary and conditions i and my employer agree to. None of that would be possible under communism or socialism, and neither would have been Fords success.
The government of every country allows certain big companies to grow bigger and bigger to such a point that these companies start shaping and dictating government policies to their own advantage. They say they pay millions of amount of taxes, virtually all the taxes are already factored in their selling price. Thanks DW for this master piece :)
So sick of over generalizations. We started with the Pandemic globally in late 2019. Companies like these grow so fast; most govt entities are way behind in movement to keep up with fast-growing espec Tech companies. So many layers to why things got out of hand real fast. We have so much corruption now at all levels of our Govt. We only have ONE PARTY that actually cares about making LIFE BETTER for the regular tax paying citizen. THE OTHER IS A PAWN OF THE DARK MONEYS THAT WANT TO DESTROY DEMOCRACY AND MOVE US TO AUTOCRACY ASAP. LOOK AROUND. THAT IS WHAT ROE VS WADE IS ABOUT. ITS ABOUT SUPPRESSING WOMEN'S POWER. EVERYONE HERE IS WHINING LIKE WE HAVE ONLY THIS ONE ISSUE IN THS TERRIBLY CORRUPT NATION RIGHT NOW. GREED, SELFISHNESS, NO LOYALTY TO OUR COUNTRY AND USING PATHOLOGICAL LYING AS A CONVENIENT TOOL HAS ALTERED OUR NATION.
This should be contrasted against the Trading Companies of the 1600's.. as in the Dutch East India Company, the Hudson Bay Company as seen in Frontier (Jason Momoa - Netflix), the Virginia Company, Bombay Burmah Trading Corporation etc.. these Companies rivaled the wealth of Kings and Crowns and their Nations and ultimately threatening the stability of regions and Nations. The US War of Independence should be noted that it was more about these Companies refusing to pay Taxes, something Americans are conditioned to celebrate.. but the reality is these Companies and their dignitaries hijacked a land mass. Im not sure why American see the refusal to pay Taxes as a good thing because common people didnt pay Taxes, only Land Holders and Business Operators paid Tax.. the Taxation of a Mans Wage/Salary was seen as barbaric, but today we are conditioned to see it as normal when in reality it is the act of these massive Corporations wanting to pay less and less Tax and transferring the weight of Taxes onto the shoulders of common people. Its the general premise of the book 'Atlas Shrugged' by Ayn Rand, that the Wealth Creators as they call themselves feel they shouldnt be Taxed and feel victimized. It was the problem of Kings in the 1600's but they ultimately failed in reigning in these massive Multi National Trading Companies who have been bending Nations to their will ever since
Why don't public are acting more legitimately in rules and regulations..Only things to do we are acting like wise people in state
lobbyists in the USA
Chinese corporations are far worse than any of the examples put forward here. But DW has acted with extreme cowardice for not making special accounting for slave labor and industrial theft and manipulation from Chinese companies.. it's ridiculous beyond compare... The biggest manipulation comes from TikTok, Bytedance 50 Cent and the Chinese government !! So where is all the outcry here?
I don’t understand why these companies were allowed to buy so many other companies - it’s pretty obvious that they’d end up being monopolies. Why aren’t there rules in place to stop so many acquisitions?
Facebook would rather "donate" money to a small town than pay income or wealth tax: the amounts they give to the town are voluntary and far smaller than what a tax bill would demand.
I don't know why idiots like you demand more taxes. Basic crab mentality. You should be demanding less taxes and less government control.
Funny, these same companies claim to be so liberal.
Like seriously and these policians how do accept Facebook to give donations and give tax breaks to multi billion dollar companies the taxes they would have paid it would have catered for all those things that they are donating to and there wouldn't need for donating...
Facebook has generated billions of tax dollars indirectly.
The reason why ultra-rich people escape taxes: their earnings don't come in the form that regular rich and regular people do. So they can design their own systems within our tax and legal systems. They, ultra wealthy individuals and organizations, can barter with each other. Ultra wealthy people can structure their finances in the same way a business does. They can make a significant part of their net worth tied to a trust, a private equity firm, a partnership, etc. They structure their finances like a business organization because they can afford the professionals to support this, and there are all sorts of sneaky (non-taxed) wealth transfers that can happen. It's really complex. This is stuff that people worth "only" $50-100m are doing. A regular rich person is what you get if you work 30-40 years and keep your head down and don't live beyond your means (still can live a life that many consider ultimate luxury _already_ , just ask many economic migrants why they love the USA, Germany, UK, etc. These countries have opportunity, but that often gets used as a "see, no issues with wealth inequality, tax avoidance, toxic growth mindset here!" The evidence of maybe 10% living quite comfortably is evidence that the system works.
I'm often reminded of "mercantilism" when I think about modern billionaires and the growth at all costs mindset. They may be legalistically or even philosophically correct in defending their acquisition and wielding of wealth and influence, at least in the framework of their contemporary society. We're still living in the past in many regards. Many of us do not feel like the world should be a playground for the few. I am hopeful that the young generations will be better prepared to deal with this than the outgoing generations' most influential people.
Hearing this from Robert Kiyosaki's interview
Is what the UK government have been doing for years, its actually pretty easy to setup a company (or least was, is being cracked down on now though apparently) doesnt even have to have any finance documents with something called companies house, then bam you get access to banks etc, was least literally that easy!
the reason Bezos pays so little taxes is most of his wealth is only on paper . Amazon stock has never payed dividends
tax the Rich + % etc,,
@Ralph Buchwitz If you're working legally in the United States, there's automatically money withheld from your checks. If you are MFJ and make less than $24,400 (? 2020 std deduction) in AGI , you won't owe federal income taxes. You will usually bear responsibility for half the FICA tax, 3.750% iirc. Youll also owe state and local municipal taxes on income , depending.
You might think your tax return indicates no tax burden, after all, theyre sending you back money that was withheld from your paychecks automatically most likely. Iirc there's a minimum but you may elect to have more withheld (usually a bad deal because of the TVM, but it can be useful or recommended in some cases.
If you're itemizing when filing taxes, you are likely paying taxes to the federal government. Even if you're a McDonald's fry cook, the IRS will withhold some of your paycheck! They may give it all back if you make
I will repeat on every platform I watch your content: thank you for being such a high quality state media.
This morning I clicked on your "Documentary" playlist and was shocked by the amount of topics and angles you cover. I knew you had many, but not so many!
I hope you maintain your solid position worldwide. We need high quality food for our mind.
Thank you for watching and taking the time to comment! We're glad you like our content.
The basis of this video should be implemented in highschool and college academics. This matter of this issue is so necessary and very eye opening thanks to the editors/narration for making this video as comprehensive as it is, well done. 👌🏾
DW Documentary is awesome. They do great stuff
I lost my job in SF during the shut down while clearly the wealthy class went on partying and making record profits. Some people seemed to think they were "chosen ones" who "deserved" the ability to keep making money during the shutdown by being important and other people were just lazy/uninspired
Chosen by other wealthy people. The people in charge only shut down things that wouldnt make their business interests grow. I am so sorry. I feel lucky to already have been disabled during this. The inflation is really killing us here though. Were taking out 450 dollars in loans a month to survive. There are people like me out there that know youre not "lazy" its almost impossible to get ahead and survive right now. Im just glad we still are. Huge hugs💙💙💙💙💙💙💙
The problem that no one is really discussing is that for much of the last few decades, there has been almost zero regulations regarding commercial interests and personal privacy or any serious repercussion when the public trust is violated by these companies who start projects that attempt to predict consumer actions based on data that doesn't even matter if it's anonymized. If the data is held by someone and they're willing to exchange or sell it to another party, you're no longer anonymized. We cannot even trust the USPS to do this and that was known for over 50 years now (change of address database updates can be subscribed to for a price).
While Safe Harbor and other laws were passed at the time of everyone going "online", the fact is that we still have laws that restrict sales of radio scanners on 800 MHz when it was an analog service like a baby monitor without any encryption or obfuscation. Just because Newt Gingrich got caught by a hot microphone due to their ignorance of the technology and potential still hasn't made consumer or citizens a priority to the shifting business whims as we're a very "progressive business-first capitalistic" republic. Mind you the laws in place now are mostly good, they shouldn't not be abridged for the sake of commerce but for the protection of the consumer and the citizen.
Which is why the US needs their own EU style GDPR or even California's own Data Protection laws.... mind you that if you don't live in California, it doesn't protect you!
Hi!
Could you please tell me what your profession is or which academic field you graduated from? Actually I am impressed by your essay, it seems like an article written by a skilled author.
Donating to the town's infrastructure becomes a 100% tax deduction,... so it didn't cost the corporate giant anything.
someone had to do that, donate to the town. because the government did not. it's like doing the government's job for them. THAT is worthy of a deduction.
@@theCosmicQueen I agree but they are placating thier hosts.. very often, contributing to charities are serving their own interests
@@theCosmicQueen Yeah but in return they pay what? not even 1% in tax?
These giants are essentially creating work-orders for basic infrastructure that are then promptly executed with tax payers money but in return they don't pay taxes which would force the branches of government to raise taxes on everyone but these Giants, it's making everyone poorer except them.
@@theCosmicQueen towns funds come from taxes. Where did you think they came from?
They had to create the infostructure to function on the level they needed to function on so its not really for the town. The town has gotten screwed royal.
"Bribery and lobbying are often conjoined in the public mind: Critics of lobbying suggest that it's bribery in a suit" - Investopedia
Lobbying might include holidays, tickets for concerts, sexual favours, straight bribery. or blackmail. Lobbying involves big business persuading or coercing or cajoling or enticing legislators to give them something, or prevent something which will benefit their shareholders. Dancing on the head of a pin regarding definitions is prissy. It's corruption is what it is. If lobbying is conjoined in the public imagination with bribery they're not far off the mark.
@@jimmycricket7385 This also showed that people elected in office does not know better than the average joe...Most of them work the very least amount but still got a 6 figures salary (WHITOUT counting the donation they got under the table)
I wish Netflix made a documentary exposing the luxury life of politicians/senators/etc so more people will actually want to be in office and not let the same guy get re-re-re-re-elected!!
They call it democracy in the US lol...
@@aznosu not at all. it's lobbying, and used to be done without monetary reward, just interested citizens. Now they let them take rewards , and that part is probably already illegal, but not enforced. Bribery.
"Democracy"... Oh, sure, you can have your "democracy", just as long as it doesn't actually effect the great oligarchy controlled policies.
Those who believe that they are living the democratic American Dream... well clearly, it is a dream, and you'd have to be asleep to believe it. Goes for most of the rest of the global system as well... it's a big club, and you and I ain't in it.
Thanks George Carlin.
Live simply, and live well. And never stop thinking for yourself. 🖖
@@scofab no different in Europe at all you don't have democracy you have a unelected club that you bow to .
An outstanding quality documentary 👌👍
This is an exact reason why I am subscribed to DW Documentary Channel and always tried to watch every single video they uploaded 🙂
You're so brainwashed, please let me help you, turn off the Internet for five days is my advice.
No not in everything u can follow them.
U have the responsiblety to use your mind and think in all what u receve..don't let anyone think insted of u..cuz not everyone responseble about your life.
@@وئامالسيد-ش9ص I am talking about documentaries, not about my life, Mr Philosophy! 😅😅
I respect you .
Thank you DW, you are helping people around the world through those information.
Noam Chomsky writes:
"When you look at a corporation, just like when you look at a slave owner, you want to distinguish between the insitution and the individual. So slavery, for example, or other forms of tyranny, are inherently monstrous, but the individuals participating in them may be the nicest guys you could imagine. Benevolent, friendly, nice to their children, even nice to their slaves, caring about other people. I mean, as individuals they may be anything. In their institutional role they're monsters because the institution is monstrous. The same is true here. So an individual CEO, let's say, may really care about the environment and, in fact, since they have such extraordinary resources, they can even devote some of their resources to that without violating their responsibility to be totally inhuman"
nobody cares what that old commie skum thinks
Noam Chomsky is an Anti-American ideolog
The platforms were created by CIA/DARPA and set up as front corporations which earn trillions for the elite while establishing means to surveil and manipulate the thoughts/behavior of citizens.
Love this
This topic has to be a series honestly.
Shahid Buttar puts it best "It really precludes us having a meaningful democracy when some people in our community not only have their basic needs assured but also every object of opulence and other people can't even survive.."
Those people that are without can still vote ey?
@@Weekbrownies they "can" technically. But realistically the system makes it very, very difficult for them to do so without a permanent residence. How do you register to vote in a precinct without a valid address? How do you get informed about who to vote for without access to information?
Because of their situation and struggle, I can't even imagine being concerned with trying to figure out who to vote for next if I don't know how I'm going to feed myself or my family today, tomorrow, and the rest of the week.
Why is it always a poor person's fault, when the system keeps them poor and doesn't provide them with adequate opportunities to escape poverty?
this is an area that votes democrat virtually exclusively. you dont vote against your self interest.
@@fila6243 exactly, that's all we can do is vote, unless in a position to run for office, and if you get elected don't sell out
yes but why the focus on taxes when the obvious problem is that the salaries are too law? I don't see the places where the taxes are the highest having the best standards of living.
Enjoy so much, DW 💛💙and the "Key Moments" in the show notes is a perfect index to your expansive journalism.
Thanks for your time with us my friend I truly enjoyed hanging out with you and learning about things that are out there💯
Let's all spend a moment to appreciate the fact that we can watch content like this one for free.
I’m not even paying German taxes for this German public broadcast service; yet, I am getting so much enrichment from it. I wish I’d discovered DW earlier! And this is coming from an employee of one of the three corporations focused on in this video!
@@vincent67239 you don't pay your taxes? You dare be disloyal to the Reich!
@@alexcisneros2980 I’m a U.S. citizen and pay U.S. taxes. I’ve only visited Germany once for vacation.
Free?
Who really benefits?
We pay with our data
Free?Don't most people pay for either cellphone or internet each month? I remember when TV was free . Before cable. When cable sold as there will be no commercials . Well, that was a he pitch, no commercials. Last time I watched that it sure had plenty of commercials. Regular TV use to be free originally, once you bought a TV.
DW Makes the best documentaries on any topic.
All of this was easily foreseeable. Governments let it happen, seeing the benefits for themselves, but then they got more than they bargained for and started imposing regulations on them, something they should've done years before to protect people's health, but when it was just people's health being harmed it didn't matter.
Yep the politicians do their bidding and when their terms are up they suddenly land a cushy job with the companies, making six figures a year. Hell a lot of times they just become lobbyists.
So...if you look back at where we were. Trump took over in what 2017. Did he do anything to reign in private enterprise? Of course not. It takes years of a balanced dedicated Congress to work on regulations. "Blaming the Govt" is such a friken cop out. Who has the magic wand? Who do you think should have magically worked on this while ignoring everything else? Everyone here wants to blame only the politicians. THE PEOPLE HAVE TO GET OFF THEIR ASSES AND PAY ATTENTION TO WHO THEY ELECT AND HOLD THEM ACCOUNTABLE. STOP OVERSIMPLIFYING. Sure, money talks. But much of this is so new in how it grew exponentially. REGULATION is really hard work to achieve. Lobbyists are part of the ugly problem. Blaming the "govt" is like blaming the auto for the Car accident. Wake up Americans. Our enemy today are global anti democracy gangsters that want little to no regulation, suppressing average people so that they have permanent RICH WHITE MALE CONTROL OF THE PLANET. Blaming the GOVT IS absurdly simplistic.
we need a law that says that government is the boss of business. ram it through so business cannot object.
@@Devilishlybenevolent And that has to stop. i don't care if it's after thier term, it's still a form of bribery. Maybe make it so they have to wait 10 years after they leave office. before they can work for the company that's lobbying them. By then they won't be an insider any more.
@@SamSitar That's what China did
“When you reach the highest mountain anything looks tiny including competition and the law.“
DW makes good documentaries. Two thumbs up. Keep it up
I'm afraid of falling into this homeless category not realizing I already belong into this category as I don't own my own place, I pay rent. I could be without a roof any moment now. Uncertainty is a horrible feeling.
Discrimination in the west is surrounding objectivity. The politicians play the people over subjectivity only, merely a device so they turn on each other. It's really the homeless who don't have equality and then objectively: no food, no shelter, no clothing etc.
Too many lobbyists and lawyers behind the curtain running the show imo?
*Zuboff gives some hope.
Excellent documentary as usual. Thank you DW!
There a-lot of politics going on behind the scense big tech controls the government
Another great documentary, DW, frightening but still great. This video should be required viewing in the U.S.
The rise of mega-corporations raises critical questions about our society and democracy. This documentary's exploration of their influence is a much-needed wake-up call. Thank you for shedding light on this important issue.
When you give these companies a tax free playground you give them all the control. Which is absolutely terrible. It shows that the people running things have no integrity and no patience. You should tax the hell out of business. AND make each business responsible for the road maintenance of the road it sits on.
Why? Is it not easier to buy politicians with donations?
Can't we just ban lobbyists and lobbying?
Thanks DW, always producing excellent documentaries!!
but then, how about the freedom of the rich?
lobbying is supposed to be done for free and without any compensation to t he politician. when they brought in lucrative rewards, that's bribery.Ban the rewards. Not the Lobbying, that is just you or me making a habit of calling and writing to our legislators about an issue. THAT is real lobbying.
u cant they will rename it in to something legal or not illegal yet from lobbyist in something else for example "company consultants" or advisers its fun how easy high politic bypass legal-illegal calling corruption "bad/good word" lobbying
then we can also ban voting ... because if we ban lobbying,they will just up their astro-turfing and social engineering of average voters .
In europe, this thing 'lobby' is called corruption and punished with prison between 3 and 7 years. I dont understand how you americans can swallow all this "lobby" shit.
My number One channel DW documentary, your content it's so informative and one of the best in TH-cam, really appreciate your efforts..
Indeed! 🙏
This is an amazing piece of investigation journalism. Wow. This is so well put together. Great job DW. Great great job.
These tech companies really need to change and great video DW Documentary :]
Love how microsoft has a larger market cap than Google but rarely ever gets mentions in pieces like this. Microsoft has done a great job of keeping a low profile. Stay under the radar, avoid media spotlights and grow
Microsoft has kept a 'low profile' only by making poor decisions on the consumer market, but cementing themselves as the major player in enterprise, which is a more lucrative and stable market than the consumer. Many organisations now live and breathe through Microsoft, from Teams for in-house chat and project management to Azure for data storage and management (increasingly providing advanced analytics capabilities), along with the near-total monopoly on operating systems and day-to-day capabilities for word processing, spreadsheets, presentations, etc. through MS office.
@@kenny95-32 You've nailed it. My professional life is completely housed within the Microsoft ecosystem and honestly, I'm a fan. Need to buy more stock lol
@@Imperatorius45 it's interesting that 'traditional' bad press surrounding things like their failed attempt at rivalling android has kept them on that respectable low profile. Turns out all you need to do in modern tech is not get caught doing excessively creepy stuff with people's data, which shouldn't be such a high bar.
I think because it's a corporate that serves other corporates who have their own teams of lawyers and experts that can fight their own battles. This video targeted Amazon, Google, Apple, Facebook because all are consumer companies and its the Govts job to protect consumers in a democracy.
Great documentary. It just seems like it's a couple of years to late.
Big tech is already molding society
Japan has 2 suns
@@joeygouda use a high spf
@@vagrxncy499 🤣 I can't make this up
And Big Tech has blood on their hands. Much of the strife we see in the world was brought about by disinformation on SocMed.
@@joeygouda does it?
Now I kinda appreciate what China's concerns were regarding alibaba. Their method maybe was a little too in-your-face but I can now appreciate.
I get what you saying but it's too late these billionaires run the show.
i can understand that a little now. but both GOV and PR officials in multinationals need to be wary of
@@valentineisraelshabangu4069 They could be destroyed by stop using their platform. Educate people. They not the only social media ,or create your own . Use your brain
But if Facebook doesn't pay taxes, the people can't have a say in how their city expands and "leans". Wouldn't it be better if they paid their 20% taxes and let the city decide where they will "donate" their tax dollars?
agree but unfortunately municipalities seem to have the same problem with corruption around spending tax dollars and federal funds.
@@lorainestjames4181 but you can vote elected officials out of office. You can't force the CEO of a company to resign because you don't like his/her vision for your city or municipality.
@@100americanmade that vision has to be ok'd by the city council etc. so yes it does take thier decisions on it and yes they are accountable to the citizenry.
This documentary is really helping me in my academic work - which focuses on the corrosive influence of mega-corporations on the democratic system. I will definitely reference the page. Thanks a lot to the team. Keep informing us!!!
By the way who are your funders??😂😂😂👊🏾
Hello, thanks for watching and taking the time to comment. DW is funded by the German government. The work of DW is regulated by the Deutsche Welle Act: p.dw.com/p/17MtP, meaning content is always independent. Further information can be found on our website: www.dw.com/en/about-dw/s-30688.
My Friend, nothing is impossible if you proceed honestly, but I understand you perfectly, honesty was replaced by corruption a long time ago.
Corruption in advanced economies is manifested through sugar-coated terms like lobbyists. What do you refer to a situation where a company finances an incoming President?
Corruption.
the laws fail b/c the archivist refuses to file them.
it could be called bribery, and includes any large donations even private person. But we DO get to see who paid them what amounts. And we can vote accordingly. That's why Trump refused any corporate donations or bigwig rich guy donations to his campaign. He was showing his voters that he stood with them, and couldn't be bought like the swamp creatures who got rich from bribery so to speak.
@@SamSitar what are you talking about? where did that happen?
@@theCosmicQueen Watch the documentary to the end
I lived in Prineville, OR in the early 80's as a young child. It was a cute little place, and a wonderful spot to be a kid. Up where the Facebook data center is, was nothing but sagebrush and the town dump, where my dad would take me to shoot guns. Right across the street from the beautiful courthouse is a little diner called the Tastee-Treat. From 12 to 1 you could get the 'Noon Special' which was a little hamburger in a basket of hand-cut fries, a soda or coffee with free refills, and a single hand-dipped hard ice cream cone; for $1.50. The old men would sit around the u-shaped coffee counter and lie all day. The fire station would hit the siren at noon every day, and could be heard for miles. I had the fastest dog on the planet, and peed on a tree in my backyard so many times that it died. My Dad was a public school teacher, working in every school in the district except the High School, and he retired from teaching there.
Economic decline and poor city planning had dealt Prineville a rough hand, long before data centers were a thing. First it was the dissolution of Cinnabar mining, then cattle ranching and timber issues. It remains to be seen if they will be a victim of Facebook, but Prineville has been the victim of the times, every time.
I'm so greatful to all of the people who have shared detailed reminiscences of their lives on this Earth randomly in the YT comments, apropos of whatever the content happened to be.
I think it's a basically priceless element of the TH-cam stimulated human conversation; especially in these earliest years where there's a few generations who grew up pre-internet.
I believe I've driven through Prineville!
I'm in Puyallup, WA which was mostly beautiful farmland in the 80s and now is mostly strip malls and warehouses and cookie cutter housing sprawls.
All these anecdotes illustrate a historical perspective, that modern times happened very recently; which is hard to teach or understand because it's so abstract relative to personal experience...
As well as poetic microcosms of human experience!
I'm sorry for the shrub I pee'd to death, but that's children studying cause and effect I gues!!?
Can't make up these details...🙈😂
I miss target practice at the dump, off the back porch, so many places; it was fun, and yet tools not toys- practice for hunting or heaven forbid self defense.
Rigorous safety was built into the culture, and mutual respect..:::
How it's all changed is so much bigger than me I only catch glimpses of it in other peoples stories.
So thank you all for sharing!!
It fosters my hope of a future with a functional global democracy..:::❤🌎🤳
☁️☁️☁️☁️⛅🌱🍀🌿
(( that has somehow cleverly sidestepped the (at least) two-faced fascist political good ol' persons club and the blandishments of big business puppeted by Mammon n' friends; and the gender, and race, and astrology wars; also (un)organized crime, as well as the legion of lone psychopaths working on super viruses and autonomous guerilla death drone swarms, it'll be fine!))
🙈🤦♂️🤦♀️🌎💣
tell the editor to lower the music volume in future. Drowing out the interviewees
A very impartial documentary, it's good to know that DW always strives hard to get both sides of history.
How did it represent the interests and perspective of big tech? It only said negative things about it.
@@whoisthispianist194 I was being ironic.
@@dan7582 ah okay. So we actually thought the same thing!
A subscription well earned. Thanks for the great watch, the word does have to be spread and this is a very comprehensive production
Absolutely outstanding analysis, work, and production DW. Thank you for putting the thoughts of experts at the fore.
66
Dw is part of it
dw is illuminati state media
DW is jealous because no german company can ever achieve it lol!!
Why is it that DW failed to mention the Chinese government's role in manipulation of corporations and elections? They are the worst of all.
im addicted to DW documentaries
Brought to you by Big Tech
how much do they pay you guys to sell them on here?
Wish the impacts of these tech giants on the African economies can also be documented by DW. 🙏.
I can't understand how governments are so concerned about the big tech companies behaviour on one hand but are giving them almost unbelievable tax breaks on the other hand. It's almost like they must be working together on some issues.
Hats off to DW for such an informative documentary !
If it was truly informative, that video would not have stayed on youtube for that long.
To Everyone Watching This Video Hope all is Well on your side😎..
Be HAPPY 🤓....
You too
Hug from England 🙏
Just going to go from bad to worse with them in control!
Another excellent documentary, seriously, I appreciate the way you come at issues from other angles that are not so obvious, but suddenly become extremely important. And you add solutions at the end with a glimmer of hope. I like the 3 points at the end:
1. I agree with the lawyer guy, even if you break them up, it will come back again,
2. As the intelligent lady said, the only way to prevent this is to make the business model of 'trading in people' illegal, as it already is, although not in this current digital and en masse behavioural way. and,
3.as the last guy said, tax has to be much higher the more you earn, especially above any reasonable level where you'd actually ever need it . No one person can spend 1 billion in their lifetime on anything meaningful to their life, yet billions of people are struggling to make ends meet and many more suffering due to not having the basics. There has to be much more even distribution of wealth, not the celebration/league table of who has the most money that they don't need.
Great comment. This needs to win some sort of award.
2.5% is what we as muslims have to pay on annual savings as mandatory charity. Imagine of that's followed globally by the rich, there would be great amount of poverty issues addressed.
@Francis Mendoza it's called the american dream because you have to be sleeping to believe it!
Fa sho❗❗
I sure as hell can spend 1 billion meaningfully - i want to buy a 300 mil private ranch,private jet,invest in space tourism,buy my own Da Vinci painting etc etc . Now having 50 billion is too much,but 1 or 5 billion is not .
I'm so fed up with companies and billionaires not paying their shares and politicians licking the balls of their paid supporters like lapdogs instead of doing their jobs for the people. Grow some spines in Washington.
I dont think its spinelessness. Its corruption at its finest.
I second this emotion
They´re not doing their jobs because they´re Satanists... they want it this way.
Companies provide jobs how is it that you don’t see them paying their fair share
This is a must watch for any individual who understands the sovereignty of the people.
2:56, 9:26 mpd, 17:59, 20:07, 20:25, 20:47, 22:17, 27:17, 33:41 mpd, 33:43
DW keep creating good documentaries and spread awareness!
I don't have a TV. Just watching DW docs on YT every day.
DW Documentaries are awesome!
Detailed, Impartial, Unbiased!
I hope DW Documentary continues to grow like this as its subscribers' count has been growing over the past few months!
lol pretty sure they have a cable channel here, and probably public channel in germany. these docs come from that. been around for many years.
They are super biased lmao!! They don't criticize any German company or their government and they are jealousof American innovation!! Lmao!!
Love you DW
From India 🇮🇳
Keep up to good and honored journalism DW I appreciate this awesome documentary.
Thanks for watching and for the positive feedback!
Every American consumer needs to be fully informed on this issue. It is affecting our lives and the lives of our children.
@Road Hobbit we already decided that and as such forced birthers want to ban abortion.
@Road Hobbit That's correct. The most effective way to fight back against the corporations is to not have kids. Less kids means less people to buy and use their products in the future, and it also means there will be less people to serve as wage slaves for them. This will cause them to lose money and eventually bankrupt them. No matter how you look at it, having kids will only donate money to the wealthy elites.
Very true tech revolution
It feels like we are at war against these companies.
No American people should be proud their tech industry has conquered the planet. Look at Europe, they don't have any tech company at that scale. They and their 50% tax slabs. Jeez
There might be an economical turmoil but there is no doubt that this is still the best time to invest.
Best time to invest? thats funny though because in the last four months I have lost more than $47,900 in stock market which is the biggest I have loss since I ventured into stock investment.
you could be right or wrong depends on your expertise, I once made such loss when i invested thinking i have gathered enough trading skills from youtube videos
now its a different ball game for me because I was lucky to have met TERESA JENSEN WHITE, a financial manager and stock expert, I have made more than $165,000 in 6 weeks under her supervisions.
Really? people are cashing in from the stock market and frankly speaking its comforting seeing someone admit to the fact that they actually seek help from professionals. please how can i reach TERESA ?
search her name on the internet to reach her
Facebook makes donations rather than pay taxes...and I'm sure they're writing those donations off every year, collecting a refund from the federal government. They're essentially a federal subsidies broker for the town.
refund? you mean deduction? that's not the same thing. if they get a refund it's because they overpaid before taxes were due.
@@theCosmicQueen donate enough money and you can negative gear your taxes, the government pays you.. or should I say the tax payers pay
The problem is not companies that are billionaires "not paying their taxes" in fact they get tax breaks for good reasons.... The real problem is how the government is spending the money that they do have....
" When the product is free , you are the product "
How can we pay our taxes and if we try to get away from it, we get jail - but when you're SUPER mega rich - you can get away with effective tax rate below 1% ? How is that even possible? It is a huge crime !
It’s because the corporate taxes allow them to expense everything and use complex rules to make the net tax owed zero.
It's like maybe 🤔 corporations and governments can bail out the people for once... Just once and not with crumbs.
But no, we have to bail out companies n governments only to have those entities enslave, discriminate and regulate us... What a sham!!!
Maintaining Shareholders wealth is not sustainable and is destroying everything that is truly valuable. Those in power continue to rinse and repeat catastrophic failures while expecting different results without recognizing the insanity of it all.
We have enough historical data to recognize societies collapse when they fail to upgrade accordingly. The entire system is not capable of scaling up. We have to seek a true alternative, like something Jacque Frescoe proposed.
Those in power and control have to be the ones to want to change or it will continue the rinse and repeat throughout time.
As if the wildfires weren’t enough, the homelessness problem in California just keeps getting worse. If we aren’t careful, we could up in an “Eggers Circle” future where businesses will be more governing than actual governments.
Spot on
Escape from LA and escape from New York
Will
End up as California’s reality if we arent to careful its not that far away
It's stupid allowing China SM tech into the US, when China does NOT allow any SM West tech in China. China will have influence over the US people with this data.
I think the purpose of documentaries like this one is to send the RESISTANCE IS FUTILE message. This could explain why the criticism presented in this film is tolerated and not removed.
It's interesting that the US government cracks down on tech companies but not oil companies.
They have before though.
This should be contrasted against the Trading Companies of the 1600's.. as in the Dutch East India Company, the Hudson Bay Company as seen in Frontier (Jason Momoa - Netflix), the Virginia Company, Bombay Burmah Trading Corporation etc.. these Companies rivaled the wealth of Kings and Crowns and their Nations and ultimately threatening the stability of regions and Nations. The US War of Independence should be noted that it was more about these Companies refusing to pay Taxes, something Americans are conditioned to celebrate.. but the reality is these Companies and their dignitaries hijacked a land mass. Im not sure why American see the refusal to pay Taxes as a good thing because common people didnt pay Taxes, only Land Holders and Business Operators paid Tax.. the Taxation of a Mans Wage/Salary was seen as barbaric, but today we are conditioned to see it as normal when in reality it is the act of these massive Corporations wanting to pay less and less Tax and transferring the weight of Taxes onto the shoulders of common people. Its the general premise of the book 'Atlas Shrugged' by Ayn Rand, that the Wealth Creators as they call themselves feel they shouldnt be Taxed and feel victimized. It was the problem of Kings in the 1600's but they ultimately failed in reigning in these massive Multi National Trading Companies who have been bending Nations to their will ever since
The U.S government hasn't done a thing to them. The dems are threatening them because they want silicon valley to censor their political opponents.
DW has always the best documentaries!! Thanks thanks! ❤️
I just love this channel, this is reporting to its finest! Seriously be proud for reporting facts DW Documentaries!
Just a little unsettling to think of how the tables have been turned. The regulated is, in many ways, controlling the regulators instead of the reverse.
Another *excellent* video by DW! PLEASE don't go anywhere the next 100+ years. It's vital you stick around!
Wealth creators: "plumbers, teachers, nurses, care workers..." It is obligatory to recognize their worth but I doubt if these groups have issued many patents. In Sweden the income gap is very small but the wealth gap is very large because Sweden understands that to fund all their generous social programs requires a vibrant capitalistic system.
Sweden has next to no social workers
Requires a vibrant market, not capitalistic system-
This is America's legacy and the Uber rich will never give a damn.
The States has gone from being the source of breaking down Old World aristocracy, to being the source of a new one. It's sad and pathetic.
Welcome to the world of where citizens of 3rd world nations have long lived with such a system.
@@pietrojenkins6901 there system
They have lived through Isnt capitalism more communism socialism and dictatorship
Problem is twofold. VEEP was an accurate comedy and self interest comes first. 2. Politicians have no idea what they are dealing with.
Thank you DW for excellent work
Thanks for watching and for your constructive feedback! :-)
Very thank you DW, gifting for beautiful documentary✨.
An excellent analysis 💯.
Thanks for watching and taking the time to comment. Be sure to check out our channel for more content.
Further proof of Microsoft having perfected their cloaking device. Depending on the day they are generally the 2nd most valuable company on the planet. Current value on 5/19/2022 is 1.89 Trillion.
Lmao no. The most valuable company is Jay z because in his own words "I'm not a businessman I'm a business, man!" The second is the company who owns pornhub and all the other porn sites. The third is yeah and Microsoft is probably 69th.
People wonder why inflation is rising and the people's needs are still not met, while the richest people are siphoning the money from the rest to themselves, right in front of our eyes. There is only so much money in the world, and most of it will never end up in the right hands.
Inflation happens because of supply issues.
Yeah blaming ruch formijflation XD
Please keep it DW we are proud of you we support you 🙌🏻
The rent and housing cost in san francisco is too expensive already ...
I like it how DW is openly ideological, makes it more interesting. I'm not on social media and I don't follow it - born in 1979 - because I don't enjoy it and I think those platforms basically make the world a worse place, but WhatsApp, TH-cam (so much great stuff like this to see) and Google have certainly been very much positive things in my life - and I even like to buy stuff from Amazon as it's fast and reliable.
I don't buy from Amazon. Never have. I understand why we need our local small business. Rethink your position - if you don't want to become like China, with ESG scores that determine your buying power.
@@seahorse2 The reason Amazon wins is pretty simple, they are a better product
You can just stay in your home and order on your laptop, which is a lot of times far more convenient than going out and buying
You can do it within minutes
The reason Amazon wins is that it is a better product, it's that simple.
Whatever negative stuff exists about amazon like tax evasion etc, is simply not enough to negate the fact that they provide an amazing service for a very reasonable price.
As long as the local small businesses do nothing other than complaining, they're going to lose
You wanna beat your competitor? Try to be better than your competitor, instead of shamlesly complaining that the europeans do.
In usa, we like to get thigs done instead of complaining
17:50 that professor called it "surveillance capitalism", the thing is, capitalism envolves the voluntary supply of products or services in exchange for money (capital). The problem is that the data extraction is not consensual or agreed and in many cases the "user" does not even understand or know that their informations are being collected/stolen to generate profits for the tech company. The "user " is not the client, the user is the data-mine. Forceful/ not agreed extraction of products or services is not called capitalism, there are other names for that.
That's just ridiculous.
Every single time you use these companies' products, they explicitly and clearly states that your data will be stored and used.
So crying about them using your data is just ridiculous if you agreed to it. It's not their fault that you signed to those terms and conditions without even reading the subheadings (because subheadings usually are written in such a way that you could understand most of the policies).
Also, they are using these data for showing advertisements not to kill you or publicly disclose your private moments.
Excellent work as always DW. Thank you!
i consider myself lucky - got my own home, transportation, a small farm, a fallout shelter, firearms, a 100 KL underground water tank.
I don't buy cereals and veggies from the supermarket.
But do you have a children?
@@Mr.BobsDog I am 28 and unmarried.
The trombone is drowning out the speaker.
Hats off DW !
With regards to the fast growing power turned in to monopoly of big tech companies is going to carry on. And it's frightening how to some degrees governments are being trapped, imprisoned for they have lost control of the whole situation.