The PROBLEM with Capitalism - Smarter Every Day 316
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I just thought the title/thumbnail was hilarious given the channel. I’ll get back to you on whether alabamaboy has gone commie (he hasn’t)

Edit: 5min in - sounds like the classic “Capitalism is good it just has to be regulated” or whatever

Edit2: Most of this is him talking about manufacturing something in the USA, but skip to 34:05 for his extremely simplistic attempt to articulate… some kind of point about capitalism and business.

  • bdonvrOPAEnglish
    12·
    5 days ago

    Skip to 34:05 for him trying to explain enshittification with profit/quality/exploitation with a fun physical model.

    It’s definitely super over-simplistic and ignores so much.

    I did watch the last video in this series and yeah he made some good points about the US/west losing manufacturing knowledge and capability, but with a huge dash of “China bad” to the point that when he decided he had no choice but to import a part he deliberately ordered from India even though it was mostly only available in China (because India is more okay than China for some reason?), then it turned out the Indian company just dropped shipped it from a Chinese manufacturer LMAO