Why Capitalism Is Great

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#shorts #short #valuetainment #patrickbetdavid
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Freedom to fail should include banks. Freedom to fail and pay the consequences.

miketammaro
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All the banks got bailed out in 2008. Is that capitalism?

anon
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This is so profound. No company should indeed be 'too big to fail'.

davidakanmu
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The freedom to buy and sell whatever you want legally? Tell that to all the people who got thrown in prison for selling plants, chemicals and herbs.

dantheman
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*the people who have gone into debt due to medical bills have joined the chat*

cohengamertv
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Of course these mfs would say that. The problem is Monopolisation, creating a bigger divide between wage classes. That's why you need the government that comes in with a smart way to tax the rich to build great foundations for society. People should drive for a good society, whereas without proper systems in place, it's a game of who can accumulate the most money.

Cian-_-
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After the last 20 years of boom and bust, what Patrick said is no longer an academic theory. These companies that mismanage themselves need to fail. Otherwise we are simply dragging out the inevitable while undermining our financial system.

poodlescone
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5: the freedom to opress the workforce.
6: the freedom to pay less taxes per dollar earned, if any at all.
7: get large enough and get kickbacks
8: become essential enough and you get a military

guitary
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"The freedom to try anything you want legally"

The homeless:

LucieCpt
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I like how capitalist fans forget the competitive environment as a key part of capitalism. It id super important part of it.

azzy
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Capitalism is great for the state and for those who earn a lot of money. But not so for those who are poor, because capitalism keeps them poor. And the poor ones in this world are actually the majority of people...

markbrix
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Capitalism is great if you have the capital lmao

lilspoon
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I never heard politicians failing with their own freedom

Berk-jd
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He's definitely talking about the IDEA of capitalism.. not the reality of it and how it's actually being put into practice currently. Unfortunately, everything sounds good on paper until the bottomless pit of human greed comes into the picture.

dante
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Failure shapes industries and innovation.

davidnorman
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"Money money money money money money money money money money money money money money money"

seanisnotjohn
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The best investing strategy is to engage in an investment that gives you time to go about your other plans, of which we can term that an advanced investment. I am currently involved in one where I earn 4 figures every 8 days

JulieAmerica
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General Motors should have been divided up into Four Companies and competing automakers around the world. Now it’s mediocre at best and a danger to its customers at its worst

tommytube
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And that the keyword ' legally ' meaning watch out for government interference with your business.

rithahhear
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Do you not see how what you just said is a contradiction?!?!?! If you have the freedom to buy what you want legally then that means you can buy politicians to create legislation to prevent you from failing(his last point about being too big to fail). Capitalist logic is the epitome of surface level realization. Once you peel back the surface layer of every capitalist talking point you’ll find a contradiction.

ehubb