What is Capitalism?

[QuickEveryonePanic]

You just described how markets work. Not what capitalism is.

[yeosangspupil]

I almost believe this, but luckily many ppl in the comment sections said that is not capitalism, that is just about free market. If you don't know pls don't make video

[kimstockton]

This isn't capitalism, this is fremarket economics, Capitalism is about Capital: wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing) the hint is in the title. Capitalism is about using wealth to make more wealth, It involves property and ownership rights.

[weehoo]

This is irrelevant I only watched this for my English lesson lol

[tawfeeqmohammed]

You just explained marketing not capitalism. I still did not get it

[mr.eccentric]

*Another day, another English assignment video I have to watch*

[rikafurude]

>what is capitalism
>does not give a correct analysis of capitalism
>does not mention labour, surplus value, exchange value, utility value, price and etc
>does not even mention CAPITAL, what the system is NAMED AFTER

youve outdone yourself in poor performance

[sotis]

Working if you have a job 12 hours a day just to keep in a condition that you can be able to work for the other day!!

[AverageAlien]

Communism works so well, just look at all of the rich and successful communist- oh oops nevermind

[superdestrier]

I knew it would be useless to find a video *that people like* about capitalism on the internet.

[BigHeavyLove]

capitalism does not equal freedom. In a capitalist economy Money = Freedom. this video is extremely misleading.

[Ryanvlogssometimes]

Odd choice to fade out the audio at the end there, but thank you for the simple explanation!

[luddechamp]

Capitalism = Private ownership
Socialism = Cooperative ownership
Communism = State ownership

[wendystarita]

This is the perfect slight of hand video. Capitalism was neither defined or simply described. So, ....if you can't dazzle them with diamonds, , , , You baffle them with bullshit?

[vadon]

I feel like I'm one of the only ones who likes this video and the explanation lol

[JokinJoe]

Capitalism isn’t supply and demand. Capitalism isn’t freedom or choice. Capitalism is none of that. Markets existed well before Capitalism. It’s actually a pretty new way of organizing labor that’s not even 1000 years old. We used to have feudalism and slavery, which organized people into two main classes, one of which was compensated for less than they produced. People grew tired of those systems and out of that cane capitalism, which is basically a system in which you use capital to create your own business and can hire employees and pay them a wage. However, it’s a bad deal for the employee, because in order for the capitalist to make a profit, they have to pay the employees less than the value they produce. So we still have that dual class system as in slavery and feudalism.

[RobertoGinsburg]

In sinthesis: Capitalism let *who had more Money, executed or denied services, etc = The Power is the Money Not the requirements of the People* .

[doctorofletters]

This is a terrible description of capitalism . Freedom and choice??? Lmao.

[distortiontildeafness]

misleading video. Capitalism is a historical mode of production where our economic activity is primarily based on producing for profit/exchange as opposed to producing to truly meet the needs of people . Wgae labour, private property, production for exchange. That's the jist of capitalism .

[herzikkimolog]

The best is have them mixed. Free market economy AND strong social services for free/cheap. This inhibits both poverty and extreme wealthy. Called social democracy, it works.