Capitalist Theory of Fours: Capitalism is the system of economic production and finance whereby producers are paid 1/4 of what they're worth, and then charged 4 times the worth of what they buy. The 16X difference goes straight to the top 4% who tell the workers they are just lazy and need to work 4X as hard.
@@juniorgod321 This is completely fake, as the employees cover their salary with just a couple of days, the rest is purely the extraction of wealth the boss/owner takes.
I am a non-practicing capitalist because I have empathy for people. If I didn't have empathy I would treat everyone as a number or statistic and use many underhanded tactics such as racism and pulling the strings of the heart to get that dollar from your pocket to mine. I purposely play the game to a minimum to stay humble and still care for all around me. Capitalism leads to one logical outcome. And I will not be at fault for that.
I hear you. To make a clear headed decision to fore go "success" as defined by society (success doesn't necessarily=bad people) toughen up baby, they will mock/judge. My needs are met, wants are few. I got my own pot to p*ss in 😉 & my moral superiority to comfort me 😅 Seriously I do hear you. ❤
What built the modern western world is liberal democracies, free international trade and capitalism. Compared to the rest of human history, the world is much kinder, richer, safer and people can enjoy more freedoms than anytime before. In the capitalist West, even the poorest among us still get access to healthcare and nutrition that only the elites had access to in the past.
Don’t oil and gas companies get billions in subsidies? What if you just stopped giving subsidies to oil and gas and let them compete fairly with renewables? I support every policy far further to the left of this but maybe we don’t even need that to usher in a meaningful transition.
Man’s life is the standard of morality, but your own life is its purpose . If existence on earth is your goal, you must choose your actions and values by the standard of that which is proper to man-for the purpose of preserving, fulfilling and enjoying the irreplaceable value which is your life.
If “workers” should run the world…than they would already…the individual invents..the individual innovates,the individual has the idea…when will you knuckleheads get that?
Worker run cooperatives can be just as greedy and profit driven as any private company or LLC. Venezuela, which had over 30,000 cooperatives in 2007, proved this to be a fact when most of the cooperatives chose to sell their goods to foreign buyers who could pay more instead of supporting their local community, or the state run distribution network Mercel. Hugo Chavez realized how bad and counterproductive they were, even to socialism, as he said in a 2007 interview; "The model of cooperatives does not guarantee socialism because cooperative is collective private property; that is, if we are 20 in a cooperative, we are going to work for the benefit of us 20, and that is merely capitalism. Cooperatives need to be impelled towards socialism"
@@theywouldnthavetocensormei9231 Nobody is stopping you, but there sure aren't a whole lot of people helping. Contrast that to the subsidies and loans that making a standard business can get you and then spout your BS about that crap. The US, including the banks that give out loans, incentivizes private ownership while not doing the same for worker cooperatives. Banks specifically MAKE IT HARDER to start a cooperative than a private business by often refusing to loan to people who want to try. It's as not profitable to them. Add that to the fact that wages are dictated by the boss in a private business, so "work harder" is a BS argument; wages are not tied to productivity. Add that to the fact that wages for most workers are not very high while the costs of just living are going up even as wages do not, so "stop wasting money on crap you don't need" and "save more" are BS arguments; people can't save what they don't make on top of real living costs. You people need to come up with better arguments. You've got nothing that hasn't been discredited countless times, yet you still cling to the rhetoric like your life depends on it. Or rather, so that other people can't have a reasonable standard of living by reducing how much people like you can actually fleece them and say it's not your fault but theirs. The only way people like you and @juniorgod321 can maintain your narrative is by constantly lying to people about reality and trying to push your anti-human/pro-avarice-at-all-costs values onto them. You may think you "earned" what you have, but you only earned some of it; the rest was given to you. You are just too dishonest to see what and how.
I love how our entire energy transition is effectively set up in such a way where we throw pretty much infinite money at companies in a hope that guaranteed profits will make their interests, if briefly, line up with our own - provided they don't just pocket the money instead, of course. Adding insult to injury, we then ascribe any and all minuscule success by this approach, wholly pushed by states across the world, to the "free market" and some kind of plucky entrepreneurial spirit.
And yet North Sea oil and gas rigs no longer generate their own power from diesel / gas generators, they use wind power while their owners fund thinktanks that deny climate change and refute the efficacy of renewable energy. While you have private utilities they will push the most expensive because 1% of profits bonus from oil and gas is a bigger pay check from a more expensive fuel.
I think this was a good interview but it really missed an important problem. Removing the legal block on fossil fuel companies getting sued for damages from Global Warming. This is a large ongoing indirect subsidy to fossil fuel companies. Maybe such lawsuits would prod the energy industry into moving away from fossil fuels and maybe not, it is worth trying and at least the bill for damages areas such as when a wildfire burns through or when a subway system is flooded would be taken care of in the mean time.
2023 set a new all time high for carbon emissions. Renewables only added to the total amount of energy we used, having no effect whatsoever on reducing fossil fuel use. The problem is the amount of energy we are using, not necessarily the source, as we can't even build renewables without burning tons of fossils. Less energy, less people, and a degrowth of the economy are the real solutions that no one wants to hear.
The scary thing is you were the only person of 30 comments that said this. That suggest under 7% grasp the problems of our planet and economy even as thing rapidly spiral down.
@Jeremy-WC And on other left leaning channels, I get mouth breathers that try to mock and throw poo 💩 at me usually 😅. I guess we are in the 1% that's not in denial. I like this show for their political humor but they like all other leftist channels are totally lost on this issue. They frequently deny overpopulation is even a problem for example.
If it wasn't for capitalism/profit motive, we probably wouldn't have smartphones today because Apple was the company that pioneered smartphones with the first iPhones. Now certainly the iPhone was a team effort thanks to some of the most brilliant engineers Apple had to offer. But it came about because Steve Jobs not only saw its potential, but also dollar signs when he came up with the concept, put a team together and invested a lot of company resources and time into it. So yes, profit does lead to progress. Otherwise we would not have smartphones.
@@barbiqueareaif he really wanted profit over everything he would’ve priced his products so high that only the 1% could afford them Not saying they’re not expensive as it is though
@@barbiqueareanow imagine if he could’ve done all that AND MORE because he wasn’t shackled by the restraints of capital, and he could simply share the schematics with the world, and, with their own means of producing the products, everyone could just have their own smart phones Free market capitalism is the antithesis of true freedom.
@@B.Whittaker "capitalism doesn’t drive innovation, people do" Did you know that in 1986, the Soviet Union had about 10,000 computers while the United States had over 1.3 million? Not only that but at that point in time, their computers were outdated and were a pale shadow compared to the the processing power of computers made by western firms such as IBM. Yet funny enough, the Soviets were actually the ones that were ahead of the West in terms of computing technology, as they pioneered vacuum tube technology that was better than anything the US had at the time. And yet by the time Gorbachev had opened up the Soviet Union to the world with Perestroika, the West had outpaced and outmatched the Communist Bloc to the point where the Soviets began sending spies to steal computing secrets from the US and West Germany, while also virtually abandoning their home grown computer industry that was run and funded by their government.
Do these people ever consider writing their questions down before going into the interview. I can't stand listening to Emma and Sam stumbling through their questions. I'm done with long winded speeches really. The disjointed incoherent stuttering that comes out of their months is just boring.
I don't think any economic professor ever has thought that capitalism would save the planet. Capitalism was a way to brake away from the class structure of the nobility. Lords and serfs. To give individual civilians economic freedom.
As long as we measure our survival in monetary terms, we cannot afford to survive.
Everyone Forgets the Fossil Fuel Grids/Power Plants/Infrastructure eg: Roads were all Built by Taxpayers then the companies Vampired on that.
Capitalist Theory of Fours: Capitalism is the system of economic production and finance whereby producers are paid 1/4 of what they're worth, and then charged 4 times the worth of what they buy. The 16X difference goes straight to the top 4% who tell the workers they are just lazy and need to work 4X as hard.
@@juniorgod321 Really? Name 4 of them clown.
@@juniorgod321 you're a joke and a clown. I asked you to name 4 and you deflected back to me, because you just MAGA'd the whole thing up.
@@juniorgod321 Name 4 loser. what cant cuz they dont exist? yeah, they dont.
@@juniorgod321 lets see your list of 4. ooops!
@@juniorgod321 This is completely fake, as the employees cover their salary with just a couple of days, the rest is purely the extraction of wealth the boss/owner takes.
I am a non-practicing capitalist because I have empathy for people. If I didn't have empathy I would treat everyone as a number or statistic and use many underhanded tactics such as racism and pulling the strings of the heart to get that dollar from your pocket to mine. I purposely play the game to a minimum to stay humble and still care for all around me. Capitalism leads to one logical outcome. And I will not be at fault for that.
I hear you. To make a clear headed decision to fore go "success" as defined by society (success doesn't necessarily=bad people) toughen up baby, they will mock/judge. My needs are met, wants are few. I got my own pot to p*ss in 😉 & my moral superiority to comfort me 😅 Seriously I do hear you. ❤
What built the modern western world is liberal democracies, free international trade and capitalism. Compared to the rest of human history, the world is much kinder, richer, safer and people can enjoy more freedoms than anytime before. In the capitalist West, even the poorest among us still get access to healthcare and nutrition that only the elites had access to in the past.
Don’t oil and gas companies get billions in subsidies? What if you just stopped giving subsidies to oil and gas and let them compete fairly with renewables?
I support every policy far further to the left of this but maybe we don’t even need that to usher in a meaningful transition.
There are a bunch of reasons why that probably won’t happen in our lifetimes, but, yeah, it sure does sound nice
Normalize worker cooperatives and labour unions. Workers make the world run, workers should run the world.🌹🍞Ⓐ
Man’s life is the standard of morality, but your own life is its purpose . If existence on earth is your goal, you must choose your actions and values by the standard of that which is proper to man-for the purpose of preserving, fulfilling and enjoying the irreplaceable value which is your life.
If “workers” should run the world…than they would already…the individual invents..the individual innovates,the individual has the idea…when will you knuckleheads get that?
Worker run cooperatives can be just as greedy and profit driven as any private company or LLC. Venezuela, which had over 30,000 cooperatives in 2007, proved this to be a fact when most of the cooperatives chose to sell their goods to foreign buyers who could pay more instead of supporting their local community, or the state run distribution network Mercel. Hugo Chavez realized how bad and counterproductive they were, even to socialism, as he said in a 2007 interview; "The model of cooperatives does not guarantee socialism because cooperative is collective private property; that is, if we are 20 in a cooperative, we are going to work for the benefit of us 20, and that is merely capitalism. Cooperatives need to be impelled towards socialism"
@@Saltybuherdo you have a point or do you just copy and paste stuff under comments that have nothing to do with said comment?
@@theywouldnthavetocensormei9231 Nobody is stopping you, but there sure aren't a whole lot of people helping. Contrast that to the subsidies and loans that making a standard business can get you and then spout your BS about that crap. The US, including the banks that give out loans, incentivizes private ownership while not doing the same for worker cooperatives. Banks specifically MAKE IT HARDER to start a cooperative than a private business by often refusing to loan to people who want to try. It's as not profitable to them.
Add that to the fact that wages are dictated by the boss in a private business, so "work harder" is a BS argument; wages are not tied to productivity.
Add that to the fact that wages for most workers are not very high while the costs of just living are going up even as wages do not, so "stop wasting money on crap you don't need" and "save more" are BS arguments; people can't save what they don't make on top of real living costs.
You people need to come up with better arguments. You've got nothing that hasn't been discredited countless times, yet you still cling to the rhetoric like your life depends on it. Or rather, so that other people can't have a reasonable standard of living by reducing how much people like you can actually fleece them and say it's not your fault but theirs.
The only way people like you and @juniorgod321 can maintain your narrative is by constantly lying to people about reality and trying to push your anti-human/pro-avarice-at-all-costs values onto them. You may think you "earned" what you have, but you only earned some of it; the rest was given to you. You are just too dishonest to see what and how.
I love how our entire energy transition is effectively set up in such a way where we throw pretty much infinite money at companies in a hope that guaranteed profits will make their interests, if briefly, line up with our own - provided they don't just pocket the money instead, of course. Adding insult to injury, we then ascribe any and all minuscule success by this approach, wholly pushed by states across the world, to the "free market" and some kind of plucky entrepreneurial spirit.
Thanks !Really in depth
And yet North Sea oil and gas rigs no longer generate their own power from diesel / gas generators, they use wind power while their owners fund thinktanks that deny climate change and refute the efficacy of renewable energy.
While you have private utilities they will push the most expensive because 1% of profits bonus from oil and gas is a bigger pay check from a more expensive fuel.
Another great interview, Emma. You keep finding people who really know their stuff.
This guy missed a real opportunity to write “bitch” really small right under Wrong. It’s right there man.
I think this was a good interview but it really missed an important problem. Removing the legal block on fossil fuel companies getting sued for damages from Global Warming. This is a large ongoing indirect subsidy to fossil fuel companies. Maybe such lawsuits would prod the energy industry into moving away from fossil fuels and maybe not, it is worth trying and at least the bill for damages areas such as when a wildfire burns through or when a subway system is flooded would be taken care of in the mean time.
Profits Over Planet...
Prophets Over People...
I proffer you a bargain with the Devil !
so, a bargain with your imagination, or the collective imagination of others who liked that story idea? That's just other people.
2023 set a new all time high for carbon emissions. Renewables only added to the total amount of energy we used, having no effect whatsoever on reducing fossil fuel use. The problem is the amount of energy we are using, not necessarily the source, as we can't even build renewables without burning tons of fossils. Less energy, less people, and a degrowth of the economy are the real solutions that no one wants to hear.
The scary thing is you were the only person of 30 comments that said this. That suggest under 7% grasp the problems of our planet and economy even as thing rapidly spiral down.
@Jeremy-WC And on other left leaning channels, I get mouth breathers that try to mock and throw poo 💩 at me usually 😅. I guess we are in the 1% that's not in denial. I like this show for their political humor but they like all other leftist channels are totally lost on this issue. They frequently deny overpopulation is even a problem for example.
The Majority Report w/ Sam Seder, I really liked this video! I subscribed too!
OPEC is not price fixing 1/1000 as much as the USA is. They can't. Talking about all sorts of trade agreements and tariffs.
You really should invite Peter Joseph from the Zeitgeist series.
Yes, Emma, consultants do all kinds of work...some of them are even human beings.
it already has. We have an abundance of cheap food and it's pulled billions out of poverty. God bless capitalism.
Why we need leadership! Following profit doesn't lead to progress!
If it wasn't for capitalism/profit motive, we probably wouldn't have smartphones today because Apple was the company that pioneered smartphones with the first iPhones. Now certainly the iPhone was a team effort thanks to some of the most brilliant engineers Apple had to offer. But it came about because Steve Jobs not only saw its potential, but also dollar signs when he came up with the concept, put a team together and invested a lot of company resources and time into it. So yes, profit does lead to progress. Otherwise we would not have smartphones.
@@barbiqueareacapitalism doesn’t drive innovation, people do
@@barbiqueareaif he really wanted profit over everything he would’ve priced his products so high that only the 1% could afford them
Not saying they’re not expensive as it is though
@@barbiqueareanow imagine if he could’ve done all that AND MORE because he wasn’t shackled by the restraints of capital, and he could simply share the schematics with the world, and, with their own means of producing the products, everyone could just have their own smart phones
Free market capitalism is the antithesis of true freedom.
@@B.Whittaker "capitalism doesn’t drive innovation, people do"
Did you know that in 1986, the Soviet Union had about 10,000 computers while the United States had over 1.3 million? Not only that but at that point in time, their computers were outdated and were a pale shadow compared to the the processing power of computers made by western firms such as IBM. Yet funny enough, the Soviets were actually the ones that were ahead of the West in terms of computing technology, as they pioneered vacuum tube technology that was better than anything the US had at the time.
And yet by the time Gorbachev had opened up the Soviet Union to the world with Perestroika, the West had outpaced and outmatched the Communist Bloc to the point where the Soviets began sending spies to steal computing secrets from the US and West Germany, while also virtually abandoning their home grown computer industry that was run and funded by their government.
Ah nice I have a relative who works at Uppsala University, I’ve been there too
Left is best.
Can’t wait for Yaron to set to work on this.
Maybe the one framework that had any reasonable chance was the triple bottom line and Paul Hawken's ecology of commerce.
Goodness! Uppsala! How does one get to buy you a beer and annoy you for a bit? 😅
The like thombs are currently disabled again.
My 🥳✅👍goes to this video.
Bring on Bolshevism!
🙏🌎❤✊🏽
Do these people ever consider writing their questions down before going into the interview. I can't stand listening to Emma and Sam stumbling through their questions. I'm done with long winded speeches really. The disjointed incoherent stuttering that comes out of their months is just boring.
Emma is cute ☺️
👁👁
I don't think any economic professor ever has thought that capitalism would save the planet. Capitalism was a way to brake away from the class structure of the nobility. Lords and serfs. To give individual civilians economic freedom.
It was a way for the merchant class to usurp the landowning class. It had nothing to do with freedom for the people.