Title | : | Is Capitalism Moral? |
Lasting | : | 5.22 |
Date of publication | : | |
Views | : | 1,3 jt |
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This example is not about capitalism but about trading as such, trading between individuals which existed long before capitalism was invented by adam smith and john lockeCapitalism is a system were greed is a normative behaviourTraders allways have been around the society since ancient times, but their ethics never influenced the political and economical lifeThe greeks believed that people who seek profit are doomed by the godsThe country was ruled by warrriors and philosophers, not brokers and bankers Comment from : michal agapitov |
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I can understand if somebody doesn't understand the morality of Free Market Capitalism because it feels a little counter intuitive, but once it's explained I hope everyone is honest enough to agree with the results Comment from : John Pavlick |
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Мне понравилась идея, что государство отбирает у простых людей право влиять на компании своим долларом, когда оно начинает спасать эти компании от банкротства Экономические кризисы необходимы, чтобы отчищать рынок от неэффективных агентов Comment from : Иван Звягин |
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Again pager university preys on the stupid Capitalism is neither moral nor immortal It's a toolbrbrSecond America is a combination of socialism and capitalism A social safety net used predominantly by poor Republicans! The governments job is to walk the fine line of providing for the starving and suffering, old and disabled and youth, but giving people the freedom to become extraordinarily wealthy brbrThird, socialism is the term for a broad degree of economics While communism is the physical implementation of extreme socialism You can have mild socialism brbrRussia is Communist allies during the war, Nazis is fascism which is the extreme version of conservatism brbrGet your facts straight and stop manipulating the stupid Comment from : philip J Dry |
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I really like your videobrYour way better than other peoplebrPushing for socialism Comment from : Brian White |
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Education, police, justice, health and infrastructure, should not be private Comment from : Dimitris Tripakis |
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All true, except that the fed gov has grown FAR beyond it's proper Constitutional boundaries enumerated in Article I, Section 8 due to an irrational interpretation of the Constitution that emerged from a New Deal SCOTUS case in 1936 Comment from : Paul M |
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There is no such thing as a corporation without government so blaming it on government is ignorant when the corporations polling power is the direct cause of big bailouts and political bribery Comment from : Jacob Prater |
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No mention of crap wages? Comment from : HiPoint40Cal |
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Wowowowowow how simplistic Comment from : YesReneau |
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welfare state helps to keep social peace, and prevents riots So I guess it's not a zero-sum game at allAll the society gain from welfare state Comment from : Leopoldo Fregoli |
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if everyone was equally talented and hard working, everything would be exactly as it is now
brcapitalism can only function if it excludes and rarefies, there is by definition few at the top and many at the bottom, regardless of ability Comment from : The Day |
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What about economic compulsion in the 'free market'?brThere is literally no where a person can go, and have food, water, clothing, shelter, and enrichment, unless they sell themselves to a slave driving capitalist brYou're pirates You support the hand that feeds you You seek to be like those you're taught to admire; a parasitic rentier class, creating passive income at the expense of the impoverished who try to gain a foothold on the Normandy Beach that is your Shining City On the Gated Community brYou hide your Teslas in glass garages, and complain about your ADT billbrPathetic Weak Comfortable Rich Fatcat Comment from : Rob Boots |
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I'm not socialist, let alone communist, but a big issue with capitalism is that it eventually leads to monopolies, as some corporations hord all assets from a market and buy/kill competition This eventually lead to monopolies controlling governments and abusing their power For example, Google, Amazon, etc brPrivate banks are also a big problem as they have been given the power to create money out of thin air The workers need to actually build things, and banks which create nothing concrete and delivers no real services benefit from these things like parasites, and also control governments Comment from : Arthur Montalto |
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Made it through 3:18 of it lol, you can tell this is from 7yrs ago They still want to pay you $20, but $20 wont even buy ONE steak now And, consumers don't have the power to control cooperations anymore with their purchase power because a few corporations own all the stores, so THEY control the prices Great educational video to watch though, it shows how we were lied to and how propaganda like this was used to gain the power they have now Comment from : Michael Madden |
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It's not the system that's good or bad, but how the individual participants within that system use or abuse their power Systems are much less dynamic than individuals, and the latter will always find loopholes to exploit the former for their own benefit It's not capitalism but people that are the real problem, and there is no viable solution for that Comment from : Farsheed Bamboat |
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Thank you Dr Williams Comment from : SJhikes |
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No Comment from : Cursed cat |
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Capitalism is very moral because the people decide what happens with companies big and small Case in point, look at what's happening with Anheuser Busch, more specifically Bud Light The people have spoken Comment from : E Wayne |
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In Capitalism profit is kingthat's it Comment from : Carboardpickaxe6 |
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I agree with most of everything you say, what I don’t agree with the the corporations go and lobby our government to get sweetheart deals which save them even more money So who is at fault the government or the corporations Comment from : dmh1981 |
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This doesn’t work The free market always ends in consolidation and monopoly Nobody wants a free market, especially those who win Comment from : Bunker Squirrel |
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Excellent, concise, and true on every principlebrbrHowever, nowadays the consumers are not just "We the People" It's every person in every country And other countries often engage in unfair trade brbrIn the 80s, it was the entire country of Japan competing against GM and Chrysler We couldn't just let them fail because Japan would've just taken over our entire auto industry Japan's cars were heavily subsidized, so we had to do so in kind in order to compete brbrThe BETTER way to deal with unfair trade is to have TARIFFS because that preserves domestic Free Market brbrI know this is a very elementary video, but SOMETIMES exterior foreign forces do justify government assistance Comment from : John Dodson |
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RIP Dr Williams Comment from : MonkeyStank |
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Poker is not zero sum Comment from : Timothy Morrison |
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Is capitalism moral Comment from : Chakra Qi |
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No it's not Comment from : Justin Ratcliffe |
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As a person living in Europe, I must say that capitalism IS moral I don't even know how much I have because I can travel, speak, live,and do what I want without some dictator telling me what to do We don't even know what great thing freedom is That is today in Ukraine also People are fighting against Russian tyranny Capitalism is a great thing Comment from : Vuk Stevovic |
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Because of capitalism you are now able to have an electronic device (cell phone, laptop, desktop, ipad, tablet) where you can watch youtube and be able to inform yourself and make comments Comment from : bthebest |
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Capitalism is moral when you have decent people who are non woke CEOS running the company Comment from : Bob Davis |
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I am PRO Capitalism Anti Crony(communist) capitolism Pro freedom, anti Trump, Biden, Democrats and RINOS If you don't like it, too bad Comment from : Bob Davis |
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True capitalism is a voluntary exchange between free individuals in a free market It's absolutely moralbrbrIt's collectivism that is absolutely 125 immoral Comment from : Alan Roehrich |
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Pragerfu is full of propaganda! Sweet Baby Satan!!!brThis guy's analogy proves he doesn't know how much is the meat You won't get 4 pounds for $20brHe claims capitalism is a free market and nobody is coerced But, what happens when you can't pay because the same companies decide how much is your income and prices keep going up? Do you still have a house? Nope, the bank will make sure you won't That, my little misinformative friend, is coercion In capitalism it is not about doing things for your fellow citizen It is about being slave to the banks, services, and employers How many need two or three jobs to simply survive? That is not nature if it's the excuse brCapitalism is immoral because creates a larger gap of what we call poor and rich The rich doesn't want to work, so have to make up a series of videos in order to maintain in power Capitalism is based on infinite production, in a limited planet This means, it is paradoxical brI don't even have a degree to see through the lies and bad arguments Comment from : Ivan Silva |
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Can you explain the free market argument to maintaining the Cuban Embargo? Comment from : Mason Taylor |
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How funny! First of all Prager University is a scam Inveented by a talk show host Dennis Prager and funded by billionaires who finance fracking It is nothing but a front for right-wing capitalists Now to answer the question No capitalism isn't moralit's immoral in every way and it has outlasted its usefulness to society, and is now in a late stage death spiral Of course they're going to say the capitalism is great and socialism is evil Don't buy it! Most people know nothing about socialism except what they were taught in school by capitalist propaganda for the past 80 years! Prager U is capitalist propaganda! Comment from : OyGuttnhimmel |
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Perfect Comment from : Jim Bressler |
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There is righteous republican free market Christian capitalism vs leftwing democratic socialism crony capitalism This is how Democrats keep their corrupt colleges and perverted media operating Comment from : Dustin Koellhoffer |
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Can someone with the dislike extension tell me if there are more dislikes than likes Comment from : Coachman |
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What about fraudulent marketing campaigns of companies? Comment from : srinivasu upparapalli |
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Perfectly described , now please make this required curriculums in all schools 👏👏 Comment from : Mr Roaddog Wade |
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The argument against capitalism is like the one against guns Nothing is evil until someone decides to use it for evil Comment from : GCraay |
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Money should always be a certificate of performance When government prints trillions more than they should, is fails to be Comment from : Pathfinder767 |
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although the efforts are dignifying, giving honor to anyone who possesses $20, it's easy to see the flaw in this logic as a cornerstone for why capitalism is moral As we saw in later examples, capitalism has bailed out business to keep money, not services, moving in the "right" hands (which are the hands of the preferred powers that be) To call any system moral that only decides the way goods and services are manufactured, distributed, and consumed is flawed judgment and is the first correction required to a more moral state Comment from : Iroh |
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Glad to hear somebody finally called out big business Comment from : Earl L Simmins |
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Wow This is the worst take on free market capitalism that I've ever seen Talk about self serving in definition Comment from : Mark Bloxsom |
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I hate how people don’t understand that both communism and capitalism are bad and unfair The government just gives these options to you so you don’t realize there are better options such as an in between Comment from : Dylan Oneill |
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I'll save you the time: No, It's not Comment from : SylfixPlayz |
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the original captial always comes from the exploited… Comment from : Noah Dow |
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Damn thease facts are like my toilet after tacobell Pure unfiltered shit you fachist mutts Comment from : Nodeins |
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and why is the government interested in bailing out the inefficient companies & banks?brbrbecause the gov is used as a tool, by the wealthy capitalist shareholders of the company or bank, to continue collecting capital for their dynasty Comment from : Chetan Dhoundiyal |
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This put Capitalism in a false light It assumes upon "fairness" in transactions He did not mention that every part of the Capitalist market is trying to get as much as they can for as little as possible It's masked by believers as being shrewd, but that's just an excuse I don't think Democrats have figured out a good alternative, but even rich Republicans like Warren Buffet see it as a necessity to regulate Capitalsim If the dude had spent even a little time on the downside he would see the system fall apart This doesn't mean we have to be Socialist or Marxist, but it does mean that it's time to take all the principles from each system that can coexist Pure Capitalism is just as much a failure as pure Socialism We need something new or something in the middle of those systems The goal of Capitalsim is more for less It doesn't work since people are inherently selfish and will play the game by the Dog eat Dog rules of Capitalism I've not met one businessman in my life who would turn down a significant sum of money at a customers expense if it's inside the law Very cutthroat Comment from : John Loftin |
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Walter Williams, a brilliant man Rest in peace Walter Comment from : Terry Tracy |
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GM and Chrysler did NOT receive a bailout in the normal understanding of the word They did get huge LOANS, that they paid back along with HUGE rates of interest, so society DID win, people kept their jobs, and the government made some money (that they squandered right away in typical leftist fashion) Comment from : jesper dahl |
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Awesome video! Comment from : Kevin |
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It's the only system that works Comment from : Anthony Frias |
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Lmao such bs Comment from : ไมเคิล การหายใจ |
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No Thanks for watching Comment from : Gigachad |
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Not forget how anti-cronyism is free market system! Comment from : yy dd |
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Somehow every commenter PragerU pays looks like an individual yet they each speak with the same voice, inflection, pace, timber curious Comment from : Berry Blackwater |
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money does not mean Certificates of performance its the ability to exploit and the ability to purchase labour power Comment from : mr political guy! |
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He only compare capitalism with socialism , what the rubbish is this , you can't prove yourself moral by comparing with others Comment from : Anoop Saraf Classes |
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The answer to the title is no Comment from : Mildly Displeased |
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The free market doesn’t mean capitalism u can have a socialist free market 😂 Comment from : mamabear23 |
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poor people wish they were rich Comment from : james samuels |
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what's "voluntary" when we have no choice but to work, or starve overtime Comment from : gelloyangster yang |
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The title is "Is capitalism moral" but the content just repeats useless crap about the free market Since when are these two concepts the same? Comment from : Eric Zhang |
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No it's not Comment from : yourdedcat7597 |
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If money was such a big deal why are huemans the only species out of billions who need it? Comment from : Recluseau Hermitticus |
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I thought the government is a corporation and it's the only one where we can at least vote on because it is the people to some degree Why don't we demand companies have democracy in the workplace? Comment from : user |
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RIP Dr Walter E Williams Comment from : uberboiz |
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It is incredible! Thank you! Comment from : Stanislav Khakimullin |
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Free market is superior…that’s a very bold statement to make at the start of your video also the free market and capitalism are different Comment from : RapidRoha |
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Walter E Williams - gone but never forgotten ! 😍 Comment from : Alban Cal |
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Thank you Walter! Comment from : Tom Christian |
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My high school economics teacher showed us this video probably one of the most informative videos you will find on the internet Comment from : Drew Gladwell |
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Capitalism can only exist by use of deadly force and has thrown more people into poverty and misery than any other economic system Change my mind Comment from : Mehdi Hatami |
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Money isn't gained by "serving your fellow man"brbrAnd even if it was, some people require more money to lead a good life than others (eg diabetics), and some can't put in as much work as others (eg physically or mentally disabled people) "From each according to his ability, to each according to his needs" is the most 'moral' philosophy, though I dispute the use of morality as an argumentbrbrAnd "vote with your dollar" is a really bad idea, because some people have more dollars than other people And those people will protect their interests, and the interests of those around them Comment from : Red Mantis |
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Nope lol Comment from : Red Mantis |
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I Miss you Walter Williams Comment from : Maambo Mumba |
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I think that the world should be totally open, no gouvernements just one world a free world Comment from : Mohamed DZ |
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No Comment from : karlazeen |
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But market can be rigged Comment from : Kartick Shaw |
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Argument against capitalism is always because capitalism exploit workers and this video doesn't explain how capitalism doesn't exploit workers Comment from : Mahesh Hardasani |
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THERE ALL SELFISH RATS WHEN THEY ARE AGAINST THE POOR Comment from : THE DUELIST |
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Walter Williams, I just want to say I loved your presentation You not only showed how the Free Market system not only works but is the best, but you showed what happens when the government gets involved It may be that many people who say they are against capitalism these days are just upset with what the government has done to itespecially recently Comment from : Rock and Sand Apologetics |
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I just want yo ask one question : is free market controlled by law ?? Comment from : arnab kumar banerjee |
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Capitalism is neither moral or immoral, people are moral or immoral Comment from : ad victoriam |
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Is Capitalism moral?brShort answer:- NobrLong Answer:-Noooooooooo Comment from : Sonali |
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Whether an economic system is moral or immoral is irrelevant, since we will never know what is right and wrong We must consider the effectiveness If we put economics on a moral plan, every economic system would be moral, since the aim of the latter ones is to create wealth But not everything goes as we expect it, because economics is a human concept, and humans are not perfect; from imperfection you can not have perfection So, every economic system is flawed, but fixing what had gone wrong can make it less flawed If we think about it, economics is a form of philosophy (love for knowledge): we will never have the universal knowledge (since it’s not accessible to mankind) but we have a penchant for it, and so we do for the economy Comment from : Franklin D Roosevelt |
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Limited government? No government is the best way for the free market to thrive Comment from : ultrad27 |
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Thomas Sowell Comment from : Willard Yoder |
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