In this video I talk about the 3 economic systems that appeared in Europe during the 19th Century. They are Capitalism, Socialism and Communism. These are th… Video Rating: 3 / 5
25 Responses to “Economics: Capitalism, Socialism & Communism Explained”
Okey… I’m confused. If communism would mean no need for a government, why
do many of the communist countries today like North Korea have tight
government control?
Socialism & Communism are better than Capitalism but unfortunately, those
leaders of those communist countries abuses them ….that means they are
not carrying out true socialism or communism. See how capitalism had done
to us today …. inequality … poor gets poorer and rich get richer …
only few people own large portion of the whole world’s money (eg.
resources) … so many suffer hunger and died while only a few hold up the
resource for themselves but not used (so finally wasted)… Capitalist
always deprive the workers (as can be seen there are many strikes and
protests on fighting against on the wages) ……The businessman (Bankers)
are ruling our government and us ….
The best is capitalism ,but socialism and communism is also good,in
theory,all can work,but each time, the interests of a particular group,is
in the front of these ideologies,look at Soviet Union,was not really a
communist state,look at US,this is state capitalism, theories of these
ideologies is very good,only some leaders not
I like this video,very good mister Abraham Darwish,you’re not a partisan of
capitalism,socialism or communism,you explained pretty good what each means
There is no need to argue with this guy, he defeats himself. He
simultaneously states that the US is failing because it is capitalistic,
but thriving because it socialistic.
It’s a wonder we’ve come so far in this society with out high school
students like yourself attempting to show us where we went wrong….on
youtube, invented by a capitalist.
Socialism is when the means of production are controlled by *the workers*.
NOT the government, for that would be State-Capitalism. Stop looking in
dictionaries for political definitions.
Look up: *Socialization* versus *Nationalization*. Socialization is what
happens in actual Socialism, hence the word *social*.
All factories/farms/businesses/restaurants etc. would be run using direct
democracy and without bosses.
Wealth is not “distributed equally” among all citizens. While you cannot be
obscenely rich, you also cannot be below the poverty line. Everyone has
their basic needs provided for (IF, and only IF they cannot provide for
themselves, if you have enough money to pay for everything you need, you
pay for it yourself).
All public services such as education (including post-secondary),
healthcare, transportation, etc. are paid for through taxes. This increases
the amount of skilled workers, the amount of scientists, the amount of
money people are spending, leading to better and better living conditions
and quality of life for everyone overall.
The economy is run by the workers, for the workers, with no private
property, and no bosses. The only thing the government does is collect tax
money to fund social services and infrastructure. The military is 100%
voluntary, and used only for defense.
Now, that’s State Socialism. You can also have Socialism without government
but that’s a story for another time. See: *Revolutionary Catalonia*.
This is directly opposite to Capitalism in which if you are born poor you
fucking stay poor because you are paid starvation wages. In the utopian
system of laissez faire capitalism, “Job Creators”, as a result of trying
to make a larger profit, pay their workers lower wages, and in turn end up
not making a larger profit because their workers can’t afford to buy the
products they are making, which leads to lower wages and less goods until
the entire society collapses because of the parasites feeding off of the
working class. Much like we’re seeing in the modern USA. (Which was pretty
darn socialist back in the 50/60′s. So, if you’re wondering why the USA is
going to shit, it’s because of lack of regulations on big business/wall
street. See: *Inequality For All* by *Robert Reich*.
Acquisition becomes an addiction and if you’re making 10 million dollars
annually you are very loathe to give it up, especially when you’ve been
taught that people are poor because they are weak and don’t deserve to
survive, when actually it’s you who is keeping them down by stealing
everything they earn.
The problem is the capitalist system where people waste over 10 years of
studying and then we cant remember half the stuff we learn other then basic
math(geography, reading and writting
Sure it helps to figure out what you want to become after the random
classes we must take, (science, history,, religion…) and we learn social
skills and make friends but do we really need 10 years when all you really
need is 2-3 years to learn different job skills, reading, writting and
basic math/geography then perhaps another 2-3 years university to learn in
depth whatever you want to become?
After when we get a job we waste another 50+ years to get paper and metal
objects (papper bills and coins) that someone said was worth something
because people dont want to offer services in exchange for other services
they need
If people would offer services for food then we would know the basics of
many things and the stupid people would die out
Im sorry but burgeousie is not the middle class lol It’s the ruling class
owning the means of production. And it’s not das Capital but Kapital do
your research before posting videos
I suggest a capitalist economy were the people have enough empathy to help
each other out voluntarily.
If socialism is reached through a democratic process, then why does the
wealth have to be forcefully transferred? If the majority wanted socialism,
they would donate money to the unemployed and charities that help those in
need of help.
dude your a dumb ass ! u cant even talk without staggering , not to mention
while looking at your notes
Defund Obama Care!
Okey… I’m confused. If communism would mean no need for a government, why
do many of the communist countries today like North Korea have tight
government control?
So wrong about this. Won’t waste any more of my time beyond typing
this….
Better Learn topic before u say something about… yours work is poor.
“1% while the other 90%” #juststop
Socialism & Communism are better than Capitalism but unfortunately, those
leaders of those communist countries abuses them ….that means they are
not carrying out true socialism or communism. See how capitalism had done
to us today …. inequality … poor gets poorer and rich get richer …
only few people own large portion of the whole world’s money (eg.
resources) … so many suffer hunger and died while only a few hold up the
resource for themselves but not used (so finally wasted)… Capitalist
always deprive the workers (as can be seen there are many strikes and
protests on fighting against on the wages) ……The businessman (Bankers)
are ruling our government and us ….
irritatating presentation as your accent is so poor that you irritate
The best is capitalism ,but socialism and communism is also good,in
theory,all can work,but each time, the interests of a particular group,is
in the front of these ideologies,look at Soviet Union,was not really a
communist state,look at US,this is state capitalism, theories of these
ideologies is very good,only some leaders not
I like this video,very good mister Abraham Darwish,you’re not a partisan of
capitalism,socialism or communism,you explained pretty good what each means
im guessing you do not (or did not) get taught in an american school
because you seem to know what your talking about on this subject, good
video
There is no need to argue with this guy, he defeats himself. He
simultaneously states that the US is failing because it is capitalistic,
but thriving because it socialistic.
you are a pathetic person, your english is so poor that you are unable to
make us understand the differece
You have no idea what you’re talking about.
It’s a wonder we’ve come so far in this society with out high school
students like yourself attempting to show us where we went wrong….on
youtube, invented by a capitalist.
Why cant they all be combined? Lol
waste of time
i think socialism just want the control of the taxes but not the control of
the means of production which it certain for the comunist philosophy.
This guy does not know what he is talking about.
What this guy doesn’t understand is in America we aren’t pure Capitalists
we have special care for the old and food stamps for the starving
Stupid american kid explaining things he obviously doesn’t get.
Socialism is when the means of production are controlled by *the workers*.
NOT the government, for that would be State-Capitalism. Stop looking in
dictionaries for political definitions.
Look up: *Socialization* versus *Nationalization*. Socialization is what
happens in actual Socialism, hence the word *social*.
All factories/farms/businesses/restaurants etc. would be run using direct
democracy and without bosses.
Wealth is not “distributed equally” among all citizens. While you cannot be
obscenely rich, you also cannot be below the poverty line. Everyone has
their basic needs provided for (IF, and only IF they cannot provide for
themselves, if you have enough money to pay for everything you need, you
pay for it yourself).
All public services such as education (including post-secondary),
healthcare, transportation, etc. are paid for through taxes. This increases
the amount of skilled workers, the amount of scientists, the amount of
money people are spending, leading to better and better living conditions
and quality of life for everyone overall.
The economy is run by the workers, for the workers, with no private
property, and no bosses. The only thing the government does is collect tax
money to fund social services and infrastructure. The military is 100%
voluntary, and used only for defense.
Now, that’s State Socialism. You can also have Socialism without government
but that’s a story for another time. See: *Revolutionary Catalonia*.
This is directly opposite to Capitalism in which if you are born poor you
fucking stay poor because you are paid starvation wages. In the utopian
system of laissez faire capitalism, “Job Creators”, as a result of trying
to make a larger profit, pay their workers lower wages, and in turn end up
not making a larger profit because their workers can’t afford to buy the
products they are making, which leads to lower wages and less goods until
the entire society collapses because of the parasites feeding off of the
working class. Much like we’re seeing in the modern USA. (Which was pretty
darn socialist back in the 50/60′s. So, if you’re wondering why the USA is
going to shit, it’s because of lack of regulations on big business/wall
street. See: *Inequality For All* by *Robert Reich*.
Acquisition becomes an addiction and if you’re making 10 million dollars
annually you are very loathe to give it up, especially when you’ve been
taught that people are poor because they are weak and don’t deserve to
survive, when actually it’s you who is keeping them down by stealing
everything they earn.
The problem is the capitalist system where people waste over 10 years of
studying and then we cant remember half the stuff we learn other then basic
math(geography, reading and writting
Sure it helps to figure out what you want to become after the random
classes we must take, (science, history,, religion…) and we learn social
skills and make friends but do we really need 10 years when all you really
need is 2-3 years to learn different job skills, reading, writting and
basic math/geography then perhaps another 2-3 years university to learn in
depth whatever you want to become?
After when we get a job we waste another 50+ years to get paper and metal
objects (papper bills and coins) that someone said was worth something
because people dont want to offer services in exchange for other services
they need
If people would offer services for food then we would know the basics of
many things and the stupid people would die out
Overpopulation solved
It’s okay
Im sorry but burgeousie is not the middle class lol It’s the ruling class
owning the means of production. And it’s not das Capital but Kapital do
your research before posting videos
I suggest a capitalist economy were the people have enough empathy to help
each other out voluntarily.
If socialism is reached through a democratic process, then why does the
wealth have to be forcefully transferred? If the majority wanted socialism,
they would donate money to the unemployed and charities that help those in
need of help.
gee….painful to listen to