Watching "basic economics" lessons for socialists (And having a laugh at them)

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  • เผยแพร่เมื่อ 10 พ.ย. 2024

ความคิดเห็น • 912

  • @hmmm-p1g
    @hmmm-p1g 4 ปีที่แล้ว +472

    i now will never be able to unhear "Bench Appearo"

    • @DanT10
      @DanT10 4 ปีที่แล้ว +16

      I need a place to sit...Now I know.

    • @Defenestration_of_Prague
      @Defenestration_of_Prague 4 ปีที่แล้ว +5

      This literally killed me. I’m dead now. Brilliant

    • @Raw774
      @Raw774 3 ปีที่แล้ว +2

      @Hungry Microwave I enjoyed that a lot

    • @veejayroth
      @veejayroth 3 ปีที่แล้ว +1

      Viky made my day.

    • @goutamboppana961
      @goutamboppana961 2 ปีที่แล้ว

      @@Viki1999 hahaha you roasted him pretty badly viki

  • @anrileorn1500
    @anrileorn1500 4 ปีที่แล้ว +1217

    It's strange that "socialism is a communism, and communism is bad" is literally how deep most people's understanding of socialism is.

    • @luxuryvagrant6496
      @luxuryvagrant6496 4 ปีที่แล้ว +26

      I know. I have a concrete blocking point when proselytising socialism: Finance! If only workers are allowed to set up a company, where does Das Kapital come from to set up the means of production? I want to set up a factory with my buddies without stealing the machines from our old boss... what do we do?

    • @dwc1964
      @dwc1964 4 ปีที่แล้ว +18

      @@Viki1999 credit unions could be used for the same purpose as well ... in fact those could be interwoven into the fabric of a cooperative network, as reservoirs of investment resources within the network

    • @luxuryvagrant6496
      @luxuryvagrant6496 4 ปีที่แล้ว +12

      @@Viki1999 Thanks for your feedback, I appreciate it.
      You may be better off recommending me a book now because I still have loooooads of questions:
      Right, loans solve the "acquisition" or "Constitution" stage of production.
      I wonder how things could work if I want to change jobs at any point, would I be "bought out"?
      How does one acquire a job in an existing factory if he cannot "buy" his way into part-ownership?
      What about inheritence? Can I have some of what my parents have accumulated when they die?
      What can be done about genuinely lazy individuals who would rather spend more energy NOT being productive than pulling at least their own weight in society?

    • @luxuryvagrant6496
      @luxuryvagrant6496 4 ปีที่แล้ว +8

      @@Viki1999 The only discord that I have been on up to today is youtube's "TLDR" discord. Too much going off topic or "debate" for the sake of it and I quickly realised that it was more of an "entergagement" ploy than anything else. Could you recommend me a place in particular?

    • @jacobwhitley1820
      @jacobwhitley1820 4 ปีที่แล้ว

      @@luxuryvagrant6496
      Thought Slime reference. Noice

  • @potstoepotstoe5410
    @potstoepotstoe5410 4 ปีที่แล้ว +265

    "Which sadly isn't a real socialist, but one of those american ones who want healthcare"
    HAHAHHAHAA

    • @Cadian045
      @Cadian045 2 ปีที่แล้ว +3

      Hahaha oh this country is so screwed

  • @rjlolatte1
    @rjlolatte1 4 ปีที่แล้ว +172

    7:49 as a full blooded american, I can explain why everyone uses the term "socialism" incorrectly in out country. I comes down to that for decades right wing media calls everything they disagree with socialism and no one really corrected them so eventually the american population accepted it as a fact.

    • @caramel7050
      @caramel7050 4 ปีที่แล้ว +24

      don't worry my guy, i think its just a trend with right wingers in general to not know what socialism is at all. my ultraconservative dad also thinks that socialism is when government does stuff and communism is when government does lots of stuff

    • @KarlMarxFanClub
      @KarlMarxFanClub ปีที่แล้ว

      Don’t forget about the “red scare.”

  • @DiThi
    @DiThi 4 ปีที่แล้ว +228

    7:50 Bernie never even denied his staff of $15/hr. Everything has been media manipulation. When they said they were working more than expected Bernie offered to pay more to reach that $15/hr but the union rejected it, to negotiate better conditions instead. So Bernie said "don't work more until an agreement is reached" and that got filtered and spinned as "Bernie won't pay so he cuts hours" or something.
    The negotiations ended up with much better conditions than just raising the salary.

    • @legalfictionnaturalfact3969
      @legalfictionnaturalfact3969 3 ปีที่แล้ว +3

      so bernie's working conditions needed improvement.

    • @DiThi
      @DiThi 3 ปีที่แล้ว +13

      @@legalfictionnaturalfact3969 They had the first ever unionized presidential campaign, what more do you want?

    • @legalfictionnaturalfact3969
      @legalfictionnaturalfact3969 3 ปีที่แล้ว +1

      @@DiThi oh, this is about what i want, not about bernie having shitty working conditions? lol. i want no government, because adults govern themselves.

    • @Shmibpeb
      @Shmibpeb 3 ปีที่แล้ว +2

      That’s cool! So maybe Walmart can just keep paying people $8/hr as long as they have a really dope coffee machine in the staff room and hour long lunch breaks.

    • @DiThi
      @DiThi 3 ปีที่แล้ว +7

      @@legalfictionnaturalfact3969 What do you think unions are for?

  • @timothyinnocent3311
    @timothyinnocent3311 4 ปีที่แล้ว +99

    I genuinely got really amused the moment a liberal went, "oh you socialists don't understand that there aren't infinite stuff."
    This.... this showcase of comprehension so mindblowingly rudimentary it wouldn't even get one through one of the most basic courses in economics is... fucking amazing.

    • @frostymarbles2655
      @frostymarbles2655 4 ปีที่แล้ว +3

      Lmao. The first thing in economy class you learn is to recognize which resource is finite and which isn't and to understand how to deal with these. These "red-pilled' people is denying everything that has nothing to do with their agenda.

    • @bt3743
      @bt3743 3 ปีที่แล้ว +1

      And yet they think theirs an infinite amount of money to spend bombing the middle east

    • @davidwuhrer6704
      @davidwuhrer6704 3 ปีที่แล้ว

      You mean Scotty was serious? I was sure it's a parody or a satire. Poe's law.

  • @bigbrother787
    @bigbrother787 4 ปีที่แล้ว +902

    Capitalists when poor people are starving: "Just learn to code bro"
    Capitalists when they might not make a profit: *Money printer go BBRRRRR*

    • @luxuryvagrant6496
      @luxuryvagrant6496 4 ปีที่แล้ว +7

      You are MY big brother!

    • @RedSkyYT64
      @RedSkyYT64 4 ปีที่แล้ว +33

      Not even not make a profit, just make less profit than last quarter or something

    • @Jonathan-os5eo
      @Jonathan-os5eo 4 ปีที่แล้ว +7

      Real capitalists wouldnt print money. This the problem with socialists, they dont even know what a free market is

    • @maximusstirnimus5210
      @maximusstirnimus5210 4 ปีที่แล้ว +40

      @@Jonathan-os5eo
      No true scotsman fallacy. Which are the realer capitalists? The richest billionaire ceo's and investors, or you? Capitalism requires capital accumulation, private property, trade, wage labour, and commodity production(generally). Few economists see the free market as the most important part of capitalism.

    • @dexterjettster8875
      @dexterjettster8875 4 ปีที่แล้ว +1

      This is proof that you don't understand capitalism.

  • @somewhat-blue
    @somewhat-blue 4 ปีที่แล้ว +57

    I have to tell you, “the man whose name sounds like a magic spell that generated park benches” made me cry with laughter. This was a ridiculously fun video to watch.

    • @evanorizam5388
      @evanorizam5388 2 ปีที่แล้ว +4

      Same. Now, any mention of Ben Shapiro will make me think about park benches

    • @ssjbears
      @ssjbears ปีที่แล้ว

      I'm sobbing, that part was so funny

  • @amykortland6349
    @amykortland6349 4 ปีที่แล้ว +1018

    Capitalists: basic economics
    Socialists: A D V A N C E D economics

    • @Dorian_sapiens
      @Dorian_sapiens 4 ปีที่แล้ว +101

      Exactly! They always pull out "basic economics" because that's their level of comprehension.

    • @timk6181
      @timk6181 4 ปีที่แล้ว +31

      Yeah, if I have another one of these morons explain to me what a free market is as if its going to blow my mind I may actually blow my mind.

    • @luxuryvagrant6496
      @luxuryvagrant6496 4 ปีที่แล้ว +15

      @@timk6181 Don't do that, just blow their brains, simple.

    • @Libertarianach_na_h-Alba
      @Libertarianach_na_h-Alba 4 ปีที่แล้ว +16

      That advanced you can't show one place on planet earth where your socialism ever worked.

    • @timk6181
      @timk6181 4 ปีที่แล้ว +32

      @@Libertarianach_na_h-Alba Oh look its Scotty! Oh bless x

  • @nsalegit9482
    @nsalegit9482 4 ปีที่แล้ว +69

    That joke about the american who wants healthcare had me in stitches. Thanks.

    • @LordXain
      @LordXain 4 ปีที่แล้ว +4

      Hit too close to home for me to laugh ;-)

  • @KeganTheTowel
    @KeganTheTowel 4 ปีที่แล้ว +74

    "Nothing screams open mind like putting your ideology in your username"
    *DemocraticSocialist01 has entered the chat*

    • @dexterjettster8875
      @dexterjettster8875 4 ปีที่แล้ว +2

      There is literally no such thing as democratic socialism.

    • @squarek123
      @squarek123 4 ปีที่แล้ว +17

      @@dexterjettster8875 en.m.wikipedia.org/wiki/Democratic_socialism

    • @dexterjettster8875
      @dexterjettster8875 4 ปีที่แล้ว

      @@squarek123 Just because there is a wiki page explaining what it is it doesn't mean that it works. A country which is socialist will not remain democratic for very long.

    • @dexterjettster8875
      @dexterjettster8875 4 ปีที่แล้ว

      @Morgan K. it doesn't work for most things

    • @antediluvianatheist5262
      @antediluvianatheist5262 4 ปีที่แล้ว +25

      @@dexterjettster8875 sorry no.
      Existing socialist countries are more democratic than the US.

  • @aethey3342
    @aethey3342 4 ปีที่แล้ว +132

    Your videos are becoming better and better

    • @karlmags4022
      @karlmags4022 4 ปีที่แล้ว +5

      I love Viki's videos because Q U A L I T Y :)hmmmm :).

  • @austinfernando8406
    @austinfernando8406 4 ปีที่แล้ว +41

    that 'libertarian views' guy could actually do a complete 180 without changing his name, libertarian socialism is about 100 years older as a term than the (right wing use of) "libertarianism" from 1970s

    • @hyperion3145
      @hyperion3145 4 ปีที่แล้ว +1

      What even is a right wing libertarianism? It's used differently every time I see it

    • @burnoutcollectivist4660
      @burnoutcollectivist4660 3 ปีที่แล้ว +3

      @@hyperion3145 Usually it means privatize everything in the economy and completely defund all welfare programs, or at least making steps towards that direction. The only thing somewhat based about it is that they usually believe in decriminalizing/legalizing certain drugs, but they probably wouldn't support/decently fund proper rehabilitation programs for people who suffer from addiction.

  • @glugenash9669
    @glugenash9669 4 ปีที่แล้ว +124

    We must never forget Bench Appearo, the right-wing political commentator.

    • @Matheus_Braz
      @Matheus_Braz 4 ปีที่แล้ว +6

      Did you know his wife is a doctor!?!?!?!?

  • @TheJovian16
    @TheJovian16 4 ปีที่แล้ว +110

    As someone who spent two years studying "basic" economics in college I am 100% certain that I know more about economics than 98% of all AnCaps (with the other 2% being the Chicago Boys and other right-libertarian economists).

    • @Libertarianach_na_h-Alba
      @Libertarianach_na_h-Alba 4 ปีที่แล้ว +1

      What's the economic calculation problem?

    • @TheJovian16
      @TheJovian16 4 ปีที่แล้ว +22

      @@Libertarianach_na_h-Alba One of Mises and Hayek's unsupported by evidence assertions.

    • @52flyingbicycles
      @52flyingbicycles 4 ปีที่แล้ว +8

      I took AP microeconomics, taught by 2 libertarians. Microeconomics is actually somewhat scientific, and despite my teachers’ ideology, that class was a key informer of my modern socialist ideology.

    • @52flyingbicycles
      @52flyingbicycles 4 ปีที่แล้ว +25

      Libertarian Views Scotty M the economic calculation problem states that only market pressures can inform supply chains - thus planned economies will never be efficient.
      Record-keeping and technology informs supply chains, not profit motive. Everywhere from grocery stores to factories work using “just in time” delivery where they predict how much stuff they will need based on past usage and order new stock to arrive “just in time” as they need them to refill. You can do that with or without the profit motive.
      The point of Hayek and Mises’ argument was that planned economies are to slow to respond to market pressure, but in reality, modern industrial society can only exist due to heavily planned supply chains. Planned by profit-oriented people, but planned all the same.
      So, actually, our economy is heavily planned and calculated right now. In fact, if transactions weren’t planned out months or even years in advance, we’d create a lot more inefficiencies (notably: more warehouse requirements and spoiled goods). Instead of planning the economy to benefit small owner class, we should plan the economy to benefit everyone. That’s just a matter of tinkering with algorithms, it is technically quite simple.
      Additionally, socialist and other planned economies have routinely proven that they are quite efficient. Maybe not as efficient at producing profit for the owner class, but efficient at improving people’s quality of life. For example, when Thomas Sankara took over Burkina Faso, he transferred land control from Neo-feudal lords to collective peasant ownership. Burkina Faso previously required heavy food import to feed its population, but under Sankara they produced enough to export. After a coup killed Sankara and reinstated capitalist policy, Burkina Faso has been one of the poorest and most corrupt nations on Earth.
      So bam. Economic planning is necessary for modern life and when planned correctly, beneficial to regular people.

    • @Libertarianach_na_h-Alba
      @Libertarianach_na_h-Alba 4 ปีที่แล้ว

      @@TheJovian16 For any stupid person to sit and say it is backed by no evidence despite seeing it everywhere is not only saying you don't understand the economic calculation problem, it proves you know nothing about history. The NHS is rancid with the economic calculation problem, to say that's not evidence is just unreal. Your baseless claims are backed by nothing compared to the real world of history and economics.

  • @kevincrady2831
    @kevincrady2831 4 ปีที่แล้ว +28

    9:44 - Sorry Ben, if you wish to make a BLT from scratch, you must first invent the Universe.

  • @bruhmomentmaker4979
    @bruhmomentmaker4979 4 ปีที่แล้ว +132

    The best part of this is that Marx WAS an economist

    • @dwc1964
      @dwc1964 4 ปีที่แล้ว +40

      ... and a lot of the things galaxy-brains love to refute about Marx wasn't even his invention - such as the labor theory of value, which he took from Smith and Ricardo, and then explained how if you run the algorithm _they_ describe you get instability and crisis, poverty and misery, and all that bad stuff.

    • @dexterjettster8875
      @dexterjettster8875 4 ปีที่แล้ว

      But marx lived in the mid 1800's. In no way is he at all relevant.

    • @samriddhoghosh.5162
      @samriddhoghosh.5162 4 ปีที่แล้ว +33

      @@dexterjettster8875 i hope you're doing a bit rn

    • @jackharold8379
      @jackharold8379 4 ปีที่แล้ว +46

      @@dexterjettster8875 But adam smith lived in the 18th century, no way he's relevant.

    • @calebjacobs9789
      @calebjacobs9789 4 ปีที่แล้ว +10

      @@dwc1964 Kropotkin made that connection as well between Smith, Ricardo, and Marx in the bread book

  • @marxie1999
    @marxie1999 4 ปีที่แล้ว +77

    False, Swedes also think it’s socialism when the goberment does stuff

    • @luxuryvagrant6496
      @luxuryvagrant6496 4 ปีที่แล้ว

      False! Your sentence just irritated me.

    • @Libertarianach_na_h-Alba
      @Libertarianach_na_h-Alba 4 ปีที่แล้ว +1

      Well, that shows you the Swedes must have more intelligence than that of yourself, because what is capitalism? It's the free market; the separation of the economy from government control or intervention in the economy. That is capitalism. The reason you don't like that is that socialism has to have a presence in the mixed economy and that's precisely what pertains to socialism.
      I mean, it's not my fault people like yourself lack intelligence.

    • @themaniac2448
      @themaniac2448 4 ปีที่แล้ว +16

      @@Libertarianach_na_h-Alba so its fine to let people be poor while the rich get everything? I think u lack intelligence.

    • @Matheus_Braz
      @Matheus_Braz 4 ปีที่แล้ว +7

      @@Libertarianach_na_h-Alba look whos here

    • @wojteks7553
      @wojteks7553 4 ปีที่แล้ว +7

      on the second thought, you're libertarian. why am I so naive to expect basic understanding of social sciences and research deeper than facebook groups from you

  • @danarchist74
    @danarchist74 4 ปีที่แล้ว +40

    Great video and you should definitely do a video on inflation.

    • @davidwuhrer6704
      @davidwuhrer6704 3 ปีที่แล้ว

      @@elmascapo6588 But then why was there a deflation when the money was printed more than ever?

    • @davidwuhrer6704
      @davidwuhrer6704 3 ปีที่แล้ว

      @@elmascapo6588 Down where?

  • @comradeviper4054
    @comradeviper4054 4 ปีที่แล้ว +92

    Ben Shapiro: "the reason a BLT doesn't cost $1600 is Becuase of free trade and private ownership"
    Economists:"no the reason it doesn't cost that much per BLT is Becuase of economies of scale where you can drive down the costs of certain aspects of production through mass production and choosing where to produce things (weight gaining vs weight loosing products)... This has nothing to do with political ideology as this is will be true wether you're in the United States or Soviet Russia..."

    • @DiscipleOfHeavyMeta1
      @DiscipleOfHeavyMeta1 4 ปีที่แล้ว +2

      REEEEEEEEEEEEEE! GET OFF MY PANEL COMMIE!!!!!!!!!!!! REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!

    • @comradeviper4054
      @comradeviper4054 4 ปีที่แล้ว +8

      @CWW I mean what do we know? We're only leftists afterall, it's not like theese phenomena have been studied by actual economists in order to drive down costs and make shit easier for everyone and will hold true regardless of political ideology...

    • @weebiron
      @weebiron 4 ปีที่แล้ว +6

      nonono you have to buy a pig every single time you want bacon and youre only allowed one sandwich per pig
      you are required to waste the other 95% of the pig every time or Big Pig will go under and die

    • @davidwuhrer6704
      @davidwuhrer6704 3 ปีที่แล้ว

      The funniest thing is that he attributed 5$ sandwiches not to free trade and private ownership, but to global trade and "freedom of income."

  • @Alex-cw3rz
    @Alex-cw3rz 4 ปีที่แล้ว +72

    Even in capitalism no one bases need off of prices 🤦‍♂️😂
    That Scottish guy doesn't even understand the difference between want (demand and supply curve) vs need.

    • @luxuryvagrant6496
      @luxuryvagrant6496 4 ปีที่แล้ว +2

      ...difference between want (demand and supply curve) vs need (Life and death, basic economics yo).

    • @Libertarianach_na_h-Alba
      @Libertarianach_na_h-Alba 4 ปีที่แล้ว

      What on earth are you actually banging off about? Yes, I do actually understand the difference between wants and needs, that isn't going to hide or change the very fact that once you destroy the information of price signals you are screwed and you can forget about your needs and wants being met after that.
      Not that someone as clueless as yourself who doesn't understand economics would comprehend why that is.

    • @keldencowan
      @keldencowan 4 ปีที่แล้ว +14

      @@Libertarianach_na_h-Alba if prices accurately encoded all the information we would need, we would have what William F Sharpe calls an efficient market. In an efficient market there is no arbitrage, and no excess returns. It's like playing a game of poker with all the hands visible all the time. But this is clearly not the world we live in. Prices vary widely, you can find bargains and make profits, you can speculate on the stock market. There are so many reasons that price is not an accurate measure of value, Nitzen and Bichler made a tome about it.
      But there are way more valuable sources of information than price! Hypothetically, if everything was the same price would you be able to choose between a hamburger and a b.l.t? Sure you would. Would you buy the correct amount to satisfy your hunger? Definitely.
      Prices are not required for efficient planning. Do you charge your wife money when you make her a sandwich? No, you collectively buy food and distribute it based on need within your household. In fact planned economies are arguably more efficient than market economies because if you only make as many sandwiches as you need, rather than what you think you can sell, less sandwiches go to waste. This is the difference between need and want (demand).

    • @Libertarianach_na_h-Alba
      @Libertarianach_na_h-Alba 4 ปีที่แล้ว +1

      @@keldencowan Value is solely determined by that of the individual, not because of price. Whilst something of higher value may create higher demand which could push price up, businesses can set prices to what consumers are willing to spend, therefore, value is merely something subjective, like a $1,000 pizza, someone has to value it in order for the business to sell it.
      Prices do accurately encode the information, it's precisely why wherever you find prices left to fluctuate in the marketplace the shop shelves are filled, whereas under socialism the same cannot be said. By leaving consumers to dictate what they want and don't want, resources are allocated to the correct parts of the market. There is no incentive for producers to produce what is not selling. All of that information is gathered through prices driven by consumer demand.
      No, there isn't more valuable information than price, nothing in the study of economics is of greater importance than the information on prices. If anyone says otherwise they're utterly clueless about economics. It's not like we don't have the evidence of this, we do, we've got mountains of evidence stacked strongly against you.
      Your question is irrational, it cries out: "I don't understand prices." That's what your question on the choice between the hamburger and B.L.T says. And no, it's an irrational question because it's impossible for everything to have the same price because price is determined through the laws of supply and demand what people are willing to pay for something.
      The way you make prices sound like is almost as if to claim businesses can set whatever price they like and consumers don't have a choice. That's what you just said there.
      *_"Prices are not required for efficient planning."_*
      Yes, they are, because PROFITS tell the market; what to produce more of, what resources to use, where to allocate the scarce resources, what to invest more in and how much to produce and how the resources are transported. Prices are signals, if you don't hold the information of profits and losses, you don't hold that information of what to produce and stop producing. It's price information signals that tell the market what resources are in abundance and what is not. It enables efficiency in many ways.
      Take for example Thomas Sowell's example on prices with cheese, yoghurt and ice cream; if demand drives up for ice cream during the summer period over that of yoghurt and cheese, the price naturally drives up for ice cream. That price signal is telling the market what is in greater demand over the other. Without the price driving up there's no information in the market to tell you in a vast economy what is in greater demand.
      You don't seem to comprehend the fact you're picturing in your head someone standing watching large scale demand of people buying ice cream, but what if you're not there, what if you're sitting in an office building and you're in the government, what do you know about who is buying what and what most of? You don't.
      So how then without that information do you know where to allocate the resource milk?
      Another example; if the resource of milk runs scarce, price of goods reliant upon it drives up, again, market signals. If you get rid of price signals, how do you know what is running scarce or not? You don't, because you don't hold the information of prices to tell you that information.
      That's why your socialist regimes overproduced and created surplus waste producing what was not in demand and wasting valuable scarce resources misallocating into the wrong parts of the market.
      *_"Do you charge your wife money when you make her a sandwich? No, you collectively buy food and distribute it based on need within your household."_*
      This is off-topic and a complete misunderstanding of prices.
      *_"In fact planned economies are arguably more efficient than market economies because if you only make as many sandwiches as you need, rather than what you think you can sell, less sandwiches go to waste."_*
      There is no bullshit greater in size than a person who says planned economies are more efficient than free markets. You could NOT point to a single planned economy that even comes REMOTELY close to the economic efficiency Hong Kong proved between 1948 to 1997. Not only did they lift the masses out of poverty where the average household income was less than $200 per year in 1948 to more than $6,000+ by 1977 and much higher by the early 2000s, but the fact they achieved that with practically NO natural resources.
      You couldn't say the same thing for ANY planned economy. The prime example of your planned economies were the likes of the Soviet Union, China and even Venezuela who were all disastrous failures who not only used up large quantity of natural resources but remained in extreme poverty as a result of it.
      What? Wanting and needing is off-topic, what's that got to do with what was being discussed? You honestly haven't got a clue what you're on about.

    • @qualcunoesuasorella
      @qualcunoesuasorella 4 ปีที่แล้ว +11

      @@Libertarianach_na_h-Alba Demand is not evidence for the subjectivity of value, you fucktard. When prices rise, people don't pay more for something because they want to, hence "giving" extra value to the product, but because they have to. As stated before, you don't understand the basic difference between wants and needs. Also, your whole argument presupposes that prices will totally be abolished under socialism, which is simply not true. Prices will still exist, but instead of fluctuating according to supply and demand they will be set according to each specific product's cost of production, since the economy will be planned according to people's direct suggestions, as shown in the video.

  • @titanotheres
    @titanotheres 4 ปีที่แล้ว +30

    The "the reason a BLT doesn't cost $1600 is because of capitalism" quote is really funny because economies of scale is one thing the Soviet Union did really well. It's a lot easier to produce say lots of affordable televisions if all factories use the same parts and produce the same range of models than if you have 10 brands each with different designs for models with more or less identical functionality, all of which use different parts

    • @Lewis-ss6tr
      @Lewis-ss6tr 3 ปีที่แล้ว +1

      😂😂 you literally have zero understanding of economics.

    • @oliverrowland8707
      @oliverrowland8707 3 ปีที่แล้ว

      You clearly do not understand economies of scale or horizontal integration . The soviet union did not use economies of scale correctly

    • @bt3743
      @bt3743 3 ปีที่แล้ว +1

      @@Lewis-ss6tr good to see you didn't watch the video

    • @davidwuhrer6704
      @davidwuhrer6704 3 ปีที่แล้ว +2

      Nazi Germany outsourced the production of military hardware to the private sector, which produced several different models of tanks, each suited for different terrain, all built to last, all using different parts, none of which were interchangeable, not even the scews.
      The USSR used one model of tank.
      The USSR won the war.

    • @shalyfemusic
      @shalyfemusic 3 ปีที่แล้ว

      @@Lewis-ss6tr ikr

  • @deadset15-hrvavik17
    @deadset15-hrvavik17 4 ปีที่แล้ว +23

    When Vikki starts ranting with that Austrian flavor, true content and truth at the same time.

  • @Alex-cw3rz
    @Alex-cw3rz 4 ปีที่แล้ว +18

    9:45 Ben is actually mocking innovation here and people making new businesses as well, rather than anything to do with inequality or socialism.

  • @brewcolthup7821
    @brewcolthup7821 4 ปีที่แล้ว +13

    I’m so glad you posted this video. Now I can stop being a Communist since I understand basic economics now!

  • @Idonotsa49
    @Idonotsa49 4 ปีที่แล้ว +98

    Capitalists understand basic economics, but socialists understand advanced economics

    • @Libertarianach_na_h-Alba
      @Libertarianach_na_h-Alba 4 ปีที่แล้ว +2

      Yeah, so advanced that if you don't have the private sector to finance your economy, your only option left is the printing press. How did that turn out throughout history?
      hahahaha

    • @Idonotsa49
      @Idonotsa49 4 ปีที่แล้ว +18

      Libertarian Views Scotty M lmao what are you even saying

    • @gregkahuna1
      @gregkahuna1 4 ปีที่แล้ว +1

      How can you understand advanced economics when you do not have a grasp on basic economics?

    • @Jonathan-os5eo
      @Jonathan-os5eo 4 ปีที่แล้ว +3

      xfritz5375 hes saying that without capitalism, socialism cannot work because there wouldn’t be enough capital circulating the economy. Russia under Lenin is a good example.

    • @caorusso4926
      @caorusso4926 4 ปีที่แล้ว +2

      So you understand ADVANCED economy? Tell me how a dry season in south america can affect the price of toyota car made in china for a russian buyer. Taking in consideration the exchange rate in dollar
      Take that liberal, now explain, why ukraine can be the victim of the 1930s starvation?

  • @browk2512
    @browk2512 4 ปีที่แล้ว +10

    "THE GUY WITH THE SUNGLASSES SAID THAT THERE WAS NO INFLATION WITH BITCOIN"

  • @thomaslichman5365
    @thomaslichman5365 3 ปีที่แล้ว +2

    Damn you...I'll never be able to unhear "Bench Appearo"

  • @bruhmomentmaker4979
    @bruhmomentmaker4979 4 ปีที่แล้ว +26

    Can you do a video on Venezuela because of it being the core anti-socialist arguments

    • @Adrian-qi5ii
      @Adrian-qi5ii 4 ปีที่แล้ว

      hahahahaha

    • @ernestoag4101
      @ernestoag4101 3 ปีที่แล้ว +6

      Venezuela was a result of government incompetence, they tied the Bolivar to oil prices in the 90’s, they overspent and didn’t save enough money to mitigate a disaster. There’s a of other information about the situation but in essence that is mainly the reason why.

    • @zyanego3170
      @zyanego3170 3 ปีที่แล้ว +1

      Vuvuzela

  • @abdullahj3103
    @abdullahj3103 4 ปีที่แล้ว +3

    I've been watching your videos for a while, and I have really seen an improvement in the way you present and talk about things. Keep it up ! :)

  • @glittermarsian5054
    @glittermarsian5054 4 ปีที่แล้ว +3

    "and it's a video about this.... very sympathetic man"

  • @jaybone23
    @jaybone23 4 ปีที่แล้ว +8

    Never trust anyone wearing a bucket hat indoors.

  • @superbleeder12
    @superbleeder12 4 ปีที่แล้ว +9

    I was not expecting the best ben shapiro name puns in this video. GOLD

  • @knightmareAlpha
    @knightmareAlpha 4 ปีที่แล้ว +6

    dang the editing was on point here. Keep it up!

  • @Dorian_sapiens
    @Dorian_sapiens 4 ปีที่แล้ว +17

    I have a feeling some of these rules aren't quite right.... 🤨

  • @TheLaziiness
    @TheLaziiness 4 ปีที่แล้ว +1

    yo my nigga said "bench appearo" LMAOOOOO my sides have officially left orbit. never subbed to someone so fast.

  • @babyblooddistilleriesinc3131
    @babyblooddistilleriesinc3131 4 ปีที่แล้ว +9

    8:18 Well that is exactly what we were taught here in Greece the single time capitalism was even brought up.

  • @dorothydepth000
    @dorothydepth000 3 ปีที่แล้ว +2

    I just found this video and it's amazing! Thank you, comrade Viki, you made my day.
    "Literally Stalinism" killed me dead, +1 to one million gazillions literally killed by Stalin himself!
    Also I love your voice. And your voice acting when you say "socialism" over and over with different intonations. That was hilarious! :D

  • @HongXiuquanDerPolderen
    @HongXiuquanDerPolderen 4 ปีที่แล้ว +16

    The people who disliked this video are counter-revolutionaries

    • @GrimdarkCrusader20th
      @GrimdarkCrusader20th 4 ปีที่แล้ว +3

      You're right I prefer law and order to wanton anarchy people shouldn't expect a government to provide them with everything the beauty of capitalism is choice you can choose to eat a salad or a candy bar the government doesn't tell you what you can eat; If you live in the US and have the proper licensing you can own a machine gun and even a rocket launcher; If you want to own something you can under capitalism vs. Socialism where the taxes are high, and you can't own what you want without government approval. capitalism allows for free thinking while socialism seeks to destroy the power of the individual.

    • @GrimdarkCrusader20th
      @GrimdarkCrusader20th 4 ปีที่แล้ว +2

      @Morgan K. Where did you get that from; I just feel like the Government should only cover things like roads and laws, but they shouldn't shepard us like sheep we are free thinkers and none is more important than another it's all based on circumstance and I personally hate rioters because they seek to destroy the businesses of people who believe in the free market, also consider that many small businesses will not reopen after the rioting subsides because many invested their whole life savings into their business. Also the riots are out of control mainly up north here they burnt down the oldest scifi bookstore because fuck people who read I guess

    • @fm56001
      @fm56001 ปีที่แล้ว

      @@GrimdarkCrusader20th why do people who have no idea what socialism is, talk so much about it?

  • @tarushdei
    @tarushdei 4 ปีที่แล้ว +3

    I almost died of laughter at the beginning of #5. That was AMAZING.

  • @athniemcmillan-comeaux2801
    @athniemcmillan-comeaux2801 4 ปีที่แล้ว +4

    "bench appearo" really made me crack up way more than it had any right to

  • @freerangepork9072
    @freerangepork9072 4 ปีที่แล้ว +5

    “The man who’s name sounds like a magic spell to summon park benches Ben Shapiro” made me laugh so hard

  • @ZachValkyrie
    @ZachValkyrie 4 ปีที่แล้ว +6

    _"Bench Appearo!"_
    *park bench appears*
    Well whaddya know?

  • @carlos_herrera
    @carlos_herrera 4 ปีที่แล้ว +2

    I watch this again every couple of weeks, it's great.

  • @shady8045
    @shady8045 4 ปีที่แล้ว +6

    omg dude you are so close to 10k i rememeber when you would get like 50 views dude congratz

  • @FrancisMetal
    @FrancisMetal 4 ปีที่แล้ว +1

    They believe that the ONLY theory is neoclassical or neoliberal.

  • @McHobotheBobo
    @McHobotheBobo 4 ปีที่แล้ว +5

    Glad to have found your channel, it is very engaging! You remind me of Koifish in your style

  • @deadlyduwang4879
    @deadlyduwang4879 4 ปีที่แล้ว +5

    Witty and informative, I love your content

  • @enjolraswaters7491
    @enjolraswaters7491 4 ปีที่แล้ว +4

    This is truly the pleasure we need in these dark times, Viki. You sound like you’re having a bit of fun here 💖

  • @NeoRipshaft
    @NeoRipshaft 4 ปีที่แล้ว +5

    Oh my god... I never considered that 'Ben'shapiro!' was the bench summoning spell - this makes so much more sense than a deeply insecure sadistic gremlin.

  • @thebiggestbruhmoments69
    @thebiggestbruhmoments69 4 ปีที่แล้ว +12

    Capitalists: socialism is bad economy
    Also capitalists: (remember 1928 and 2008) imma pretend i didn't see that

    • @Adrian-qi5ii
      @Adrian-qi5ii 4 ปีที่แล้ว

      1928? lol

    • @OBrasilo
      @OBrasilo 4 ปีที่แล้ว

      @@Adrian-qi5ii He means 1929, the beginning of the Great Depression.

    • @OBrasilo
      @OBrasilo 4 ปีที่แล้ว

      @@elmascapo6588 Keynesianism was abolished in 1979 in the UK by Thatcher and in 1980 in the US by Reagan, and then the rest of the world followed suit. So 2008 was actually caused by neoliberalism that, among other thing, included Bill Clinton repealing the Glass-Steagall Act that was passed during the Great Depression to prevent another 1929.
      Also, you may want to read up on the Kondratiev technological cycles - each time one bottoms out, there's a big crisis, and they happen around every 40 years. And there was one exactly on schedule in the 1970's, started by the collapse of Bretton Woods in 1968. That was what resulted in a global move to neoliberalism. The next one was predicted to happen around 2010, and 2007-08 was not that far from it.

    • @myra-yves
      @myra-yves 3 ปีที่แล้ว

      @@elmascapo6588 ??????

  • @trashpanda6885
    @trashpanda6885 4 ปีที่แล้ว +5

    Never change comrade. That perfect mix of outrage and incredulity is exactly the appropriate way to react to these dumb ass arguments.

  • @Idonotsa49
    @Idonotsa49 4 ปีที่แล้ว +16

    Capitalists understand basic economics, socialist understand advanced evonomics

    • @luxuryvagrant6496
      @luxuryvagrant6496 4 ปีที่แล้ว

      Brrrap, empty the entire fucking AK47 magazine into the air. As I celebrate the debiting of those BAAAAARRZ.

  • @yerdasellsavon9232
    @yerdasellsavon9232 3 ปีที่แล้ว +2

    I'm convinced the guy in the in third video was trolling

  • @maximusstirnimus5210
    @maximusstirnimus5210 4 ปีที่แล้ว +4

    Love the "this... very cool looking dude"

  • @maibaolinh1253
    @maibaolinh1253 4 ปีที่แล้ว +1

    I love the way you include our beloved Dr. Wolff. Amazing!!!!

  • @cab711
    @cab711 3 ปีที่แล้ว +3

    Omg im not a socialist but your videos are so funny i can't stop watching them.

  • @adamthebatmanwest
    @adamthebatmanwest 4 ปีที่แล้ว +3

    Your work story reminds me of when I cut my finger on a lawnmower. (I was fine a band aid patched my finger up) And my boss asked what happened and when I told him he asked how bad it was. I said 'not bad', he said 'good', 'I dont have to fire you then.' That was the day I learned what workmans compensation was.

  • @roxef
    @roxef 4 ปีที่แล้ว +3

    I laughed at "bench appear-o" way more than I should have

  • @Alex-cw3rz
    @Alex-cw3rz 4 ปีที่แล้ว +5

    Obviously I will add you can do positive tax cuts but they should be for the poorest in society, as they will have much higher marginal propensity's to consume, they will spend 100% and even more (unlike rich who will just save the money) which will increase the circulation of money in society, creating jobs etc.

  • @errorite6653
    @errorite6653 4 ปีที่แล้ว +3

    I laughed way too hard at that park bench joke...

  • @Nihilistpink
    @Nihilistpink 3 ปีที่แล้ว +1

    Ben Shapiros anecdote about sandwiches was about economy of scale. Basically if you produce one can of monster energy it's more expensive per unit than producing 12. Now this is a bit daft because economy of scale actually benefits egalitarian societys. Let's say we produced food an a collectively owned kitchen we wouldn't have to suffer the additional costs of buying indervidial stoves, pans ect ect such as we do in an indervidialist society. Thus making the production per unit lower and food is cheaper under socialism. Fantastic own goal from everyone's least favourite auctioneer impressionist. (Hope this helps

  • @alrecks619
    @alrecks619 4 ปีที่แล้ว +3

    Hey, this is AL, and i'm commenting for ALGORITHM!

  • @niklasgravemann
    @niklasgravemann 3 ปีที่แล้ว +1

    Idk how often I already saw this but I still love it.

  • @Markus-rs5fk
    @Markus-rs5fk 4 ปีที่แล้ว +5

    Amazing video.

  • @skinnee
    @skinnee 4 ปีที่แล้ว +1

    Your sarcasm gives me a reason to live Hahahaha I fucking love it.

  • @deadinsider2024
    @deadinsider2024 4 ปีที่แล้ว +3

    this is hilarious. well done.

  • @auregamer5
    @auregamer5 4 ปีที่แล้ว +1

    SANDWICH TIME. The video shapiro refers to is called "Why Chicken Sandwiches Don't Cost $1500" by wendover productions.
    In the video the guy makes all components by himself. All that was to explain one thing, the thing that was in the videos THUMBNAIL.
    That was -- ECONOMICS OF SCALE.
    The tendency and various tricks that are used by big economies to make goods cheaper. In the video he has to ship sea water back home in order to make salt, which makes for very very expensive salt. However actual economy can produce salt on the spot and have cheaper shipping.
    Another example is juice. Small producer might just fill a truck with orange juice and ship it, however larger producer can cut shipping costs by evaporating water in the juice, shipping the concentrate and adding water where the juice is sold.
    These tricks apply to every economic system. Socialists would look at the orange juice production and decide on the same thing, concentrating juice takes less resources and fewer work hours. Even a viking could figure out you get more riches if you stuff your ships full.
    Yet he claims it is done by free market .. only.
    Funny, he does not understand the economics topic in the video he himself refers to.

  • @kazaddum2448
    @kazaddum2448 4 ปีที่แล้ว +3

    Austria? Viki is 'n Schluchtenscheißer? Noice!

  • @JustinMoralesTheComposer
    @JustinMoralesTheComposer 4 ปีที่แล้ว +2

    Bench appearo - this made me laugh for an unreasonable amount of time.

  • @bardisa055
    @bardisa055 4 ปีที่แล้ว +4

    It's obvious that you should sell eastern poland instead of signing the Molotov-Ribbentrop pact, It's basic economics!!

  • @dhirom1789
    @dhirom1789 4 ปีที่แล้ว +1

    Thank you, I needed this video

  • @dmanzawsome
    @dmanzawsome 4 ปีที่แล้ว +3

    I once made a bench apearo but my friend Andrew nieled on it and it broke!

  • @dialecticalveganegoist1721
    @dialecticalveganegoist1721 4 ปีที่แล้ว +1

    This was a great video Viki, loved it and lmfao!

  • @ThnbAnimatrll
    @ThnbAnimatrll 4 ปีที่แล้ว +10

    Can you make a video about inflation?

  • @shambosaha9727
    @shambosaha9727 3 ปีที่แล้ว +1

    Hilariously enough, the biggest employer on the planet is Indian Railways, which is, whaddya know, a socially owned service.

  • @moviedudexd5579
    @moviedudexd5579 4 ปีที่แล้ว +3

    Felix from Re:Zero destroys Right Wingers with Facts and Logic.

  • @veganarchistcommunist3051
    @veganarchistcommunist3051 3 ปีที่แล้ว +2

    When AOC started her "Trump Accountability Ptoject" some right wing pundit on Twitter said "This is literally communism."

  • @CyberDork34
    @CyberDork34 4 ปีที่แล้ว +4

    You're so smug I love it

  • @jonloc8535
    @jonloc8535 3 ปีที่แล้ว

    The origins of the legend of "Bench Appearo", I saw someone else use that then mentioned it somewhere else and was pointed here.

  • @imcheeze115
    @imcheeze115 4 ปีที่แล้ว +4

    it's not that the free market isn't effecient enough to provide food for everyone, the free market requires starvation and poverty

    • @imcheeze115
      @imcheeze115 4 ปีที่แล้ว

      @Jack McCabe a planned (central or decentral) economy that destributes food equally

    • @Jonathan-os5eo
      @Jonathan-os5eo 4 ปีที่แล้ว

      ImCheeze115 you mean a system that Lenin tried and caused countless Russians to starve?

    • @imcheeze115
      @imcheeze115 4 ปีที่แล้ว

      @@Jonathan-os5eo yes

    • @s1050
      @s1050 4 ปีที่แล้ว +1

      Jonathan Lenin absolutely DID NOT starve “countless” Russians. That’s completely false

    • @Jonathan-os5eo
      @Jonathan-os5eo 4 ปีที่แล้ว

      Arsenal123 millions of people died when the 1920s famine hit. The U.S had to feed the Russians instead. How was that not Lenin’s fault?

  • @נדבשמואל
    @נדבשמואל 3 ปีที่แล้ว +2

    Me watching socialist does not understand "basic economics" (And having a laugh at him)

  • @allypoum
    @allypoum 4 ปีที่แล้ว +7

    Lol “a whole new level of wrong”

  • @Holobrine
    @Holobrine 4 ปีที่แล้ว +1

    8:24 The government doesn’t do healthcare here in the US unfortunately :(
    8:39 Yay, Richard Wolff! :D

  • @bryce4894
    @bryce4894 4 ปีที่แล้ว +5

    I used to be a trump supporter, mistake

    • @jamiel6005
      @jamiel6005 4 ปีที่แล้ว +2

      glad you made it out 😂

  • @maxithewoowoo
    @maxithewoowoo 4 ปีที่แล้ว +1

    My problem with the idea of just "asking the consumer what they want" is it's incredibly inefficient when you have thousands of new products entering the market every month. Nobody wants to fill out a huge new survey about what they think the price of X product should be. So you'd have to have "specialists" of some sort, eg a group of phone specialist that decides the prices of phones. But how are they chosen? An election process for every type of specialist is equally cumbersome. The market process is a simple solution to this. Those who care about an item, just buy it, and the act of buying it justifies the price. If people don't buy it, they don't agree with the price. The market system is really just a voting system.

  • @johnmcvay4403
    @johnmcvay4403 4 ปีที่แล้ว +4

    Why is a former MTV veejay talking about business.

  • @starguy321
    @starguy321 4 ปีที่แล้ว +2

    Milton Friedman literally repudiated monetarism, which argues that the money supply directly causes inflation. It was known before the 80s by virtually everyone that wage rates and direct spending have an effect on inflation because money is actually being circulated. The reason inflation has been so low in the West recently because real wage rates have been cut and the rich have been looting real wages, with the rich hiding their wealth in their bank account
    The laffer curve was also drawn on the back of a napkin in a restaurant. Narrowing inequality and full employment were both achieved under high tax regimes

    • @skair5425
      @skair5425 4 ปีที่แล้ว +1

      The Laffer curve is theoretical, and in almost no situations has it ever actually been shown that cutting tax rates increases tax revenue. You'd have to have such absurdly high tax rates (without loopholes) for that to happen that it's basically not a problem.

  • @ruskibeaner5983
    @ruskibeaner5983 4 ปีที่แล้ว +3

    Also, my history teacher keeps saying that capitalism "reformed" itself after world war 2; what's your opinion on this?

    • @revanruler6404
      @revanruler6404 4 ปีที่แล้ว

      @@Viki1999 and today the capitalists feel (perhaps rightly so) that the workers have become stupid and complacent and will not revolt if you take away their rights.

    • @cruyffssoul2397
      @cruyffssoul2397 4 ปีที่แล้ว +1

      maximo beluatti You have WAY more rights
      Free education, free housing, free electricity, free water, etc.
      You are a human and the state should work for you and naturally you will work for them.

  • @soulplexis
    @soulplexis 3 ปีที่แล้ว

    4:13 lol "there arent enough resources except there are, and there is no other way to know what to produce except there is"

  • @kuroshashu
    @kuroshashu 4 ปีที่แล้ว +8

    That line about Sharpiro's name killed me.

  • @endTHEhegemony_Today
    @endTHEhegemony_Today 3 ปีที่แล้ว

    Thank you for putting this piece together
    🖤💜💙💚💙💜🖤
    That eye story was harrowing!
    Contrast that Response to my experience, yt person, working at a hardware store, passing out on the job due to my own lack of attention to my low blood sugar, and being forced by my boss to leave work to go to the hospital to check for a concussion and further being forced by my boss to open a workmans compensation claim despite the issue having nothing to do with work and my personal disinterest in claiming anything workmens comp. Then being treated suspiciously by my boss the remaining time I worked there because he was afraid I would make another claim or try to sue.
    That whole incident cost me $1200, plus work time lost, because I had health insurance at the time, but would have cost me nothing if I had just eaten some lunch, drank some water, and continued working that day.
    The hypocrisy, to force me into paying money so I could not come back at them with a lawsuit.
    America.
    and yet... acidic cleaner in eye *shrugs*

  • @triplev-th2kw
    @triplev-th2kw 4 ปีที่แล้ว +3

    friEND
    girlfriEND
    boyfriEND
    soviet uniON

  • @xyz1087
    @xyz1087 4 ปีที่แล้ว

    this is fucking AMAZING lmaooo
    ps love your accent omg

  • @Alekx445
    @Alekx445 4 ปีที่แล้ว +7

    Could you do a video on Yugoslav communism aka Titoism?

  • @robertstan298
    @robertstan298 4 ปีที่แล้ว +1

    Love you bro, keep up the good work! :)

    • @Nordkiinach
      @Nordkiinach 4 ปีที่แล้ว +3

      It's she, Viki is a Girl.

  • @onearmedbandit84
    @onearmedbandit84 4 ปีที่แล้ว +6

    Viki has really come into her own here, she sounds so much more confident now.

    • @enjolraswaters7491
      @enjolraswaters7491 4 ปีที่แล้ว +2

      her* (sorry it was probably a mistake just wanted to let u know)

    • @onearmedbandit84
      @onearmedbandit84 4 ปีที่แล้ว +2

      @@enjolraswaters7491 Thank you.

    • @onearmedbandit84
      @onearmedbandit84 4 ปีที่แล้ว +2

      @@pacifactor ...okay?

    • @Nordkiinach
      @Nordkiinach 4 ปีที่แล้ว +2

      @@pacifactor Are you Okay in your head mate?

  • @sammyclassicstarfoxfan9827
    @sammyclassicstarfoxfan9827 3 ปีที่แล้ว +1

    I see Ethoslab in your recommended, respect

  • @harkonnn1964
    @harkonnn1964 4 ปีที่แล้ว +3

    Hey where do i find the "socialism is when the government does stuff" video

    • @robertstan298
      @robertstan298 4 ปีที่แล้ว +3

      I don't think there is one of just that, but I think the video where it's from is called "Understanding Marxism: Q&A with Richard D. Wolff [June 2019]" off of Wolff's Democracy At Work YT channel.

    • @babyblooddistilleriesinc3131
      @babyblooddistilleriesinc3131 4 ปีที่แล้ว +6

      th-cam.com/video/CotUd5hSnv8/w-d-xo.html

    • @harkonnn1964
      @harkonnn1964 4 ปีที่แล้ว +2

      @@babyblooddistilleriesinc3131 thx

  • @morphingfaces
    @morphingfaces 4 ปีที่แล้ว +1

    I have similar work place horror stories splashing chemicals on my face and it being ignored, industrial sanitizer splashed in my eye when I went to mix a sanitizer bucket if I hadn't have closed my eye so fast it would have been much worse I could feel it burning my eyelashes