Top 5 Interesting Capitalism Facts
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In this installment we’re counting down the five most interesting and revealing facts that we could find about capitalism, the economic system set in place by most developed nations today.
Special thanks to our users EmJay and MikeMJPMUNCH for submitting the idea using our interactive suggestion tool at
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Pure capitalism is an exercise in Darwinian mortality. Laisez-faire style capitalism just doesn't work, at least not yet. Just like in nature, rapidly changing conditions tend to kill off a lot of different species. Market forces are constantly changing, much like our own planet in its earlier periods. Over time, the market will evolve to become more stable, however that is something that could take just as long as our own evolution. Keynesianism serves to solve that problem. Think of the market as nature and economic intervention as God. That is what Keynesianism is supposed to accomplish. Sure, you can say it's cronyism, but if done correctly, all businesses will reap some kind of share. It's not communism, it's just a different approach to capitalism.
the middle way is always the best way.
FFUUUUUUUUUUCCCCCCCCKKKKKKKKKKKKKKKKK capitalism.
democratic socialism is capitalism
You guys commenting are a bunch of idiots. It's not as easy as: "Capitalism the best, Capitalism > Socialism, Socialism > Capitalism" or whatever. Is not that simple. The best outcome is combining the best of two worlds. Keeping a strong economy with capitalism and free market, and keeping social justice and equal opportunity with some sort of socialism. We should have capitalism to avoid socialism take over and become communist and we should have socialism to avoid capitalism to become in a society where few have all the resources and most can't even pay healthcare and education.
You should be able to see your current system and see its flaws and if the solution to such flaws are present in another system you should be able to adopt them (without leaving the good things about your system). Not doing so was the demise of the soviet union, and can be the demise of the U.S.A.
The boom and bust cycles are caused by monitary currency not capitalism.
Socialism is the economic system in which welder is paid as much as a doctor.
There are not kinds of "different capitalisms" there's Capitalism and there's NOT Capitalism, because Capitalism is the TOTAL LACK of government and absolute free_market dominance.
Yep, boom and bust is caused by capitalism… but the reason theyre so big and unstable is because of government. For example, the govt aided the big banks in the years before 2008 crash, with this "insurance" the banks went for riskier money making schemes…until…the government wasn't there to save them. Maybe it couldn't have been avoided, but it could have been less impactful.
Lol at the comments. People love to say capitalism is the best when they're only thinking of countries like the US,but there are PLENTY of countries where people suffer due to capitalism. Some countries you have to pay to attend school and if you can't afford it you don't get an education,that's due to CAPITALISM. Having to pay like basic necessities like water and health care when people can't afford it is due to CAPITALISM. Now don't get me wrong communism in practice never works because humans are greedy.
Mmm, tasty capitalism, better dead than red 🙂
Capitalism is pure muc
Capitalism isn't the problem. Government is the problem
Just gonna leave this here
It is amazing that even with the internet and all this information people still do not realise that the Communist Atheist Jews caused the "Allies" to gang up on and defeat Hitler, then after taking out the only white nation that dared to stand against the Jew, the winners (Jewish Banking Elite) gave Russia the colours of every good Jewish controlled country (Red, White & Blue)
and set them (USA & Russia) against each other, killing two birds with one stone. These parasites created and take credit for both Capitalism and Communism. They then set them to work in two different yet equally powerful continents and will now make them fight to destroy us all!
Capitalism doesn't have bust cycles, it has deflationary/inflationary cycles. The busts are created when government manipulates the markets too much, leading to malinvestments like in '08 or the great depression. :/
Normally it's all smooth, but not thanks to central banking and other governmental policies.
How do you avoid boom and bust cycles, just dont be an idiot
America is crony capitalist
FCK capitalism
There is no class system in capitalism. Not really. There is a lot of upward mobility. Bill Gates started out of a garage and now is one of the richest men in the world. That is the big difference in capitalism. You are not resigned to one economic strata. In communism, a true class system exists because people are appointed to positions, and the higher authority will only appoint persons whom they know. It is in fact an aristocracy led by intellectuals with very little skill except manipulation of the masses. This is more akin to a class system. Except for the rank and file in the communist system, whom are equal. Equally miserable that is. Boom and busts are natural occurrences in the capitalist system, but when the socialist/communist system collapses it truly collapses. Venezuela is a prime example. They were dependent on one market to hold up their economy, the government abolished private property, told farmers not to grow food; now look at it. Watchmojo should be ashamed of itself. It seemed so much more positive in their communist video, though it is the capitalist system that allows them their success.
China is still communist, there economic growth is empty and very low at 1 percent. And the Chinese communist party controls china. They are communist. Real communism not what you idiots believe is communism.
Communist fucking inbred fish stick fuckers, if everything is owned by the government it is not capitalism,
"State Capitalism" as you've described in your video is precisely what a "Command Economy" is under Marxism/Socialism/Communism… in that it is 100% regulated by the state (government) and the gov. also determines what is manufactured, sets prices for commodities and labor/wage scales.
The "bust cycles" as is also mentioned in this video is true that it is the only unfortunate feature of truly free and unregulated free-form capitalism in that it is generally driven by the stock-markets, supply & demand, and also speculations or fears that are brought up by "sounding the alarms of panic" by those of whom want to make the market/trade climate unstable or uncomfortable, as people at large will lose confidence in trading; if they foresee a shortage in commodity or a good or service that is undersold and /or is in a very high demand without a stable supply. One example of a volatile market is that of oil; of which is heavily speculated and traded upon in "futures" of which sounds just as ridiculous in that ownership is declared for something that isn't yet in existence (or in the case of crude oil, isn't yet pumped out of the ground.)
As for raw currency- it is best to base it or to back it on something – like a GOLD-STANDARD…
Some horrific things happened with the U.S. Dollar in the mid-20th Century; First, the currency was debased (coins minted from metals other than silver & gold) in 1965 under Linden B. Johnson's administration; and Second, the monetary base was taken off of the GOLD-STANDARD in 1971 under Richard Nixon's administration. Dimes & Quarters minted before the year 1965 were minted of silver. Paper currency was also known as "Silver Certificates" denoting specifically that they are to be traded or "redeemable upon demand in lawful gold or silver."
Such language has some slight variances on larger denomination notes as "gold or silver" has been replaced with "lawful money."
The primary reason that it is important to distinguish the importance of a "GOLD-STANDARD" is that there is a definite limit or quantity of GOLD in CIRCULATION and that it s value can't be INFLATED or determined through INFLATION by merely PRINTING more PAPER CURRENCY… of which devalues the monetary unit or "the value of a DOLLAR."
It is also important to know and understand that the meaning or the intention for the use of money is actually as an economical or a financial instrument to assess VALUE for a GOOD or a SERVICE, also noted as a "COMMODITY" for which that GOOD or SERVICE has a DEFINITIVE VALUE that must be negotiated or traded; either through barter/trade as once done before the conception of currency and monetary units; whereas gold & silver has been transacted through the transaction/procurement of commodities for thousands of years. In fact, mentions of "Shekels of Silver" is mentioned numerous times in the Bible in such a manner.
Economic boom…made from banks…not capitalism. Banks and collectivist ideals like socialism and communism have one thing in common: They take from the producers and give it to consumers. The socialists and communists take away the earnings and redistribute them in the idea that this redistribution (welfare) will land in fertile soil (like investing in education and the poor, and in case of banks, on entrepreneurs) but the fact is that when people figure out that they can get the money and then still play the victim of not getting employed or any other excuse for not paying (like…being poor) then any system will come down. Banking is not so different from socialism or communism and because of this if a country deregulates the banks the so called "financial bubbles" will be inevitable.
the only fact you need to know about capitalism: IT FUCKIN WORKS
A socialist state is what is needed. Communism is good, but people are not. We need freedom, but we need structure. We need free health care and education, we need taxes. We should abolish class, but maybe keep some aspects of capitalism. It isn't one or the other, it has to be both. It can be both.
So the government owning the means of production is a form of Capitalism? LOL no. That's the definition of Socialism.
6. the head of capitalism doubles its debt every 8 years
#1 it's all about getting fucked. #2 it causes wars all the time
Communism is great, it's just that civilians got greedy and decided to ruin it.
Nember 1:All capitalist pigs should burn
I am accusing China for having capitalist principles. But capitalism is a greed ideology.
"LOL COMMIE RETARD COME TO VENEZUELA NORTH KOREA AND SEE HOW CAPITALISM IS HOLY AND THE BEST SYSTEM GIVEN BY GODS HAND AND THEN SEE HOW COMMUNISM IS REATAADED MURICAAAAH FUK YEAAAH"
Bitch please, go sit in a corner, read Marx and come back when you've changed your mind.
Let's see, Communism, in it's true form, has never been successfully implemented on a large scale even once. Capitalism, on the other hand, has. So, I think I'll stick with the proven system thank you very much.