Episode 208: Does Capitalism Work?

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Valuetainment Episodes

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4.8 • 1.7K Ratings

🗓️ 12 November 2018

⏱️ 19 minutes

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Summary

Patrick Bet-David covers the voices and key points of Socialism, Communism and Capitalism, the forms of economy pendulum and the historic events and leaders that have ended up killing people. All of this leads us to the question, does Capitalism work?

Transcript

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0:00.0	30 seconds.
0:01.0	One time for the under down.
0:04.0	technician sequence star.
0:07.0	Let me see you put them up.
0:09.0	Reach the skies, touch the stars up above because it's one time for the underdaw. I'm Patrick Beady host of I team and and today I'm Patrick Beady host of I team and
0:18.9	today I'm going to talk to you about this concept called capitalism does it even work is it a good system is it a
0:25.0	broken system what is it we're gonna spend talking about capitalism today there's a big
0:29.1	heavy weight matchup between these two forms of economies. You got the socialism, communism,
0:35.0	side and you got the capitalism side, right? Now the flag carrier for
0:39.6	communism and socialism was a guy named Carl Marx.
0:42.6	By the way, I'm not going to do whole episode
0:44.8	about Carl Marx and this one.
0:45.8	I may do one in the future.
0:47.0	But go study Carl Marx.
0:48.3	Go study about the financial difficulty
0:50.6	he had about his kids, about how he was as a parent, about his philosophies, who he was.
0:55.3	Go study who he was as an individual.
0:57.8	He wrote a book called Communist Manifestor that became a Bible to a lot of people.
1:02.0	And then Leon Trotsky, Fidel Castro, Lenin,
1:04.8	the book on this side, another one could be The Revolution Betrayed.
1:07.6	And then I recommend you also reading The Naked Communist
1:09.8	by Cleon Scousin.
	...

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