5 Myths of the Free Market

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Despite the visible failure of the global capitalist system and its associated free market principles, there are still many wide-spread myths about the free market. These myths are often accepted uncritically and without question, and are constantly circulated by the mainstream media and even taught as fact in academia.

In this video we will discuss the top 5 myths about the market system and why it’s not working.

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The day economic planning won't be necessary, whether it be centralized or decentralized, production will be fully automated and extremely efficient.

DiscipleOfHeavyMeta
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As the contradictions of capitalism become more and more apparent, defenders of the capitalist mode of production will adopt something that can best be described as pessimistic optimism, where the pro-capitalist acknowledges that capitalism and free market economics in general is heavily flawed, but will continue to hold onto the notion that this is the best humanity is capable of, therefore in doing so having a reactionary, metaphysical and cynical set of ideas concerning human nature and modern society.

anthonytarczynski
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Excellent video whose content will become more important as energy price rises bite Two more myths for you:

1. Wealth trickles down to benefit everyone

2. Nationalised industries fail because they are monoliths without competition.

theavenger
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Peolpe, especially the working class needs to hear this !
good job as always !

giannisvellichor
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the music is a bit too loud at some points

bighomie
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Amazing production! I hope more people sees this!

markjosephbantayan
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Stalin was a hero of the working class

tokarev
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Good video! Could do without the movie trailer music tho lol

ArnoldLayne
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Absolutely loved this, great work on this video! One thing I’d suggest however is dropping he dramatic music and letting the points speak for themselves, when trying to use vids such as this (and this is a really good one) to explain these concepts to people, a lot of viewers will tune out during these sections as they feel they’re being manipulated to think a certain way. Again this is a small point as I think you’ve done a really good job with this, just something to think about.

ToldYouSnowBenIsBest
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Intresting how Politsturm International mentions the benifits of the Soviet Union's economy while not mentioning the problem of revionism in the late soviet era. Reviononism caused the USSR to collapse, allowing capitalist restoration ever since the Chroesjev coup after stalins death.

comrademartinofrappuccino
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The intent of the Constitution of the US when it was drafted was to protect private property and look after the interests of wealthy landowners and slaveholders.

JohnT.
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“You know the library is a great place to concentrate & study, it’s quiet and peaceful...”

Politstrum: *blasting Inception/Batman soundtrack at full volume* What are you saying?

lazybones
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Great video! Don't have anything to add, but algorithm

enzogilchrist
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Interesting video but no need for that overly dramatic music in the background

drewstocky
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Is that "Gender" on the background? I mean the Winter Soldier trailer ost. Sweet. Great video!

teoramm
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I could make it to the end of the video because of the music

drewstocky
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I disagree with most of your points but not all. Mostly the fact that labourors are Forced to pick a capitalist to work for. Maybe you haven't considered this but the freedom of opportunity allows for every individual to be the capitalist themselves and build their own "dictatorship" by using the capitalist structure to climb up the levels until you can capitalize on your own value gained to create products, services and opportunities for others. This acts as a step on the ladder for others which allows us to thrive and grow as a society. That is the basis of capitalism in my opinion. The problem is not capitalism it is policymakers being for sale.  Feel free to DM or reply I'd love to hear your thoughts
P.S Lennon's quote was just a way of promoting equal struggle

bhdan
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I dont know anything about marxian economics, maybe acording to a marixst analysis, its was well done. However, you assume that our economy is free market. Any libertarian would point out to the central banks which cause the great depression, or the "regulations", whatever, and they'd mention that free market is the best because supply and demand determines the best allocation of resources, and they'd use that economic freedom index to prove their points. My thing is not on the marxism rebutal of capitalism, its with your arguments that would be refuted by any libertarian

socialismodemocracia