He Made a WILD Claim About Who Invented Cars — You Won't Believe What Happened
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Summary
In this episode, we talk about the history of socialism and communism, and how socialism has failed 40 times across the world, and why it s a scam. We also talk about why capitalism is better than socialism, and the benefits of capitalism.
Transcript
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You're counting socialism as a scam because it was tried once and they failed.
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Okay, you can invent things and earn money in socialism as well.
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So, socialism has been tried like 40 times across the world,
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See they've walked back their socialist policies
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okay so and i guess it was after world war ii that china really went communist slash socialist
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and they decided that they want what they wanted to make all the property in in china collectively
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owned and make everyone collectivist and force them to live communally so they tried to force
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this on everyone and it was the biggest failure of any policy ever more people died under mao
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that the failure of any system is a scam make the whole point is a scam so well i think it's
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bad in theory too but if if the claim is that it's good in theory and that that it could be
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properly implemented then why has it not been properly implemented in the past right because
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we've tried 40 times in different measures different ways like you could say that sweden
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tried really hard to make themselves socialist but they had an immense economic crash in the 90s
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I mean, yes, but they also are a smaller country.
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Right now, we are saying that we are paying higher taxes
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because right now we are in Canada or at U.S. or anywhere.
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We are paying higher taxes or even lower than them,
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But still, we don't have a special thing about our medical care system.
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Okay. All right. So capitalism, inherently it is the freedom of choice, right? So you have the
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freedom to choose which person you're going to purchase. Let's say we're going to, let's just
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have a hypothetical example. Let's say we want to go buy lunch and we have 30 different vendors
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that we want to, we could, we could consider buying lunch from, but one has really good food.
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One's really expensive. One's really cheap. And based on which one that we want, we choose that
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vendor that we're going to buy for that is capitalism right and with our hard-earned money
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we reward that vendor for their hard work and if they did not do a good job we're going to tell
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people about it right so we're going to write them a review we're going to tell other people
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standing in line like this is horrible right but if they do good then we're going to tell people
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right so that is capitalism in a nutshell when there's competition it really excels
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By the way, socialism, by the way, you can invent things and earn money in socialism as well, okay?
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Who started curse and when it was the biggest thing in the world at any time?
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It was between 19th century, I guess, and 20th century.
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And right now we are saying that, okay, you're going to win,
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Because you're saying they were invented in the era of socialism, but where?
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I can't remember well, but I could search for this.
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I would ask you to search because I'm pretty sure it was the United States and Canada
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and then it grew widespread across Europe in places that weren't socialist.
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uh just a minute because they are calling you yeah sorry
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okay so you're right i was wrong yeah so some socialists like they may have they may have
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implemented the use of vehicles but they didn't invent them because what happens when someone
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wants to invent something you want to incentivize them to do so right and the best incentive is to
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reward them for their good work which is capitalism but i want to ask you a question because here
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counting socialism as a scam because it was tried once and they failed 40 times okay right now
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Finland, for example, they are applying Western Socialism, right?
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It's capitalist welfare because their tax system is very much keyed towards the lower and middle classes, right?
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Right now you say that Socialism is a scam because they failed a lot.
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And right now we are saying capitalism is better.
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okay so you count what happened in 2008 not as not a failure right see no that
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was an economic crash and that was due to market uncertainty and I haven't done
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a lot of research on 2008 but when you say that was the reason of this that's
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something I actually don't know and you're inspiring me to do more research
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which is good right um but see socialism has been tried 40 times and we've seen it in various
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different ways but always failing i think i think we're saying sorry for interrupting you but i
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think we are saying right now socialism is a scam because the largest country right now is u.s so
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they are implementing their rules if for example uh any other country that did the most thing in
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World War II. Maybe right now we could say that capitalism is a scam and socialism or even
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communism is better because the crash that happened in the Soviet Union, it happened
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mainly because not the communism or the communist part, but it happened because of the failure
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of the whole system and for the dictatorships that happened there, not for the economic
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I think my friends are leaving, so I need to go for them.