Channel: Second Thought

Category: Education

Tags: educationfree market efficientis capitalism efficientthings you didn’t knowfacts you didn’t knowsecond thought capitalismsocialismlearningsecond thought channelfacts aboutis capitalism goodsecond thoughtis capitalismeducational videosis capitalism badcapitalismis capitalism actually efficient

Description: Get free access to Nebula with your CuriosityStream subscription! Visit curiositystream.com/secondthought How many times have you heard the claim that capitalism is the most efficient system for the production and allocation of goods and services? It's a very common talking point in the "western world," especially in the United States. In this week's video, we'll deconstruct that myth and discuss what capitalist "efficiency" actually means. Is Capitalism Actually Efficient? – Second Thought SUBSCRIBE HERE: bit.ly/2nFsvTS New video every Friday! Capitalism and markets: rdwolff.com/capitalism_is_not_the_market_system Capitalist perspective on dangers of short-term thinking: nytimes.com/2019/12/21/opinion/sunday/capitalism-sanders-warren.html Marx on class structure under capitalism: uregina.ca/~gingrich/s28f99.htm Imperialism: marxists.org/archive/lenin/works/1916/imp-hsc Amazon destroying products: itv.com/news/2021-06-21/amazon-destroying-millions-of-items-of-unsold-stock-in-one-of-its-uk-warehouses-every-year-itv-news-investigation-finds Dunkin Donuts worker fired: dailydot.com/irl/dunkin-employee-who-exposed-waste-policy-fired Dairy farmers dumping milk: cnn.com/2020/06/08/perspectives/cabot-dairy-farmers-pandemic/index.html Potato farmers abandoning crops: businessinsider.com/potato-farmers-destroy-potatoes-covid19-even-in-a-food-shortage-2020-6 Grocery store waste: nrdc.org/sites/default/files/wasted-food-IP.pdf Texas electrical grid problems: nytimes.com/2021/02/21/us/texas-electricity-ercot-blackouts.html utilitydive.com/news/the-real-problem-in-texas-deregulation/595564 Champlain Towers collapse: nytimes.com/2021/06/26/us/miami-building-collapse-investigation.html nytimes.com/2021/07/06/us/florida-condos-insurance.html youtube.com/watch?v=seZHbB4Nijs cnn.com/2021/07/08/us/miami-dade-building-collapse-thursday/index.html Follow and Support Second Thought! Twitter: twitter.com/_SecondThought Patreon: patreon.com/secondthought BuyMeACoffee: buymeacoffee.com/secondthought CashApp: $JTChapman Watch More Second Thought: Latest Uploads: youtube.com/playlist?list=PL6SJktA-ecJR_Fq2hhYVEFS11cf1YzG27 Spaaaaaace!: youtube.com/playlist?list=PL6SJktA-ecJQRpqT-hMTTFx8A6VVH3m6v What If...: youtube.com/playlist?list=PL6SJktA-ecJRI7VrWf_-mT0z6lrN--Cvi Popular Videos: youtube.com/playlist?list=PL6SJktA-ecJRx7ZaO9J04Kbob_u5baHxN About Second Thought: Second Thought is a channel devoted to education and analysis of current events from a Leftist perspective. Welcome! Business Email: secondthoughtchannel@gmail.com