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Revolutionary Human-Centric Future: Socialism vs. Capitalism

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Revolutionary Human-Centric Future: Socialism vs. Capitalism

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Revolutionary Human-Centric Future: Socialism vs. Capitalism
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

30 comments

  1. What do you think about this? Responding to the best comments.

    • capitalism runs on a pyramid / hierarchy, which is an unnatural social construct to put more people at the bottom to work as servants to enrich the few higher up.

      all natural hierarchies of competence are this shape () with few at the top and bottom and the majority around the middle, as is proved by the IQ bell curve and every other academic or sporting metric.

      a pyramid hierarchy / is not meritocratic by definition, so capitalism cannot ever be meritocratic.

      / unnatural, () natural.

    • I think we're going to get an up close and personal look at the mutual destruction of the contending classes if we don't sort things out.

    • @ernestmallais5601

      The question is whether you value freedom or unity.

    • @@ernestmallais5601 freedom isn't a real thing.

    • I think we can probably nut out a utopian vision for society in the YouTube comments section if we just put our heads together and give it a good honest try.

  2. @ernestmallais5601

    Has never ever worked ever in society.

  3. socialism only treats the revolutionary leadership that controls the flow of resources and propoganda better, and their chosen toadies. just as capitalism rewards the rich for putting down competition, so to does socialism, they just use political action instead of economic action to do so. Marx was a lazy fuck who never worked an honest day in his life and Lennon murdered his oposition and allies, and was later killed by his more ambitious allies to advance their positions. you cant regulate away human nature no matter how great your ideals are and people acting out if self interest break down a system that needs total unlimited power to reside in a handful of individuals.

  4. AI and robots will concentrate wealth into destabilizing the world, and we get a dystopia of people waging war on the machines of the wealthy, OR it frees humans, we provide redistribution of wealth, and it is more like a Star Trek utopia. Capitalism will move to a mixed economy, which starts to look more and more socialist until it takes a stronger central government that is ultimately authoritarian to bring about the change to something that is closer to communism.

  5. He let his children die rather than work. That is your idol.

    Soycialism has resulted in somewhere north of 300 million deaths in the 20th century alone.

  6. @williamwalter4992

    Seeing how socialism emphasizes the collective over the individual… how does socialisms not make most people just cogs in a machine run by bureaucrats?

    • whats wrong with being a cog ?
      at least under communism you are a valued cog rather than a low paid servant cog under capitalism.

    • @ernestmallais5601

      @@Kee485How much more do people get paid in communist countries? Do you mean like China? Or Cuba? Or Venezuela? Do you think they make more money there?

    • Na thats communism not socialism there is a massive difference like you said the bureaucrats hold the power that is not collective choice working towards the benefit of all human beings one systems literally is hindered is hobbled my morality it literally gets in the way of reduces profits the other system no one is above anyone else decision are made democratically everyone votes on what we want to achieve the most votes decides the goal because its genuinely democratic Turkeys dont vote for Christmas meaning no one will vote disadvantage themselves leaving the options which are positive & beneficial for all no ruling class no bureaucrats it defeats the purpose it goes against its core principles

    • @@ernestmallais5601 they are not true communist systems.
      venezuela has been systematically sabotaged by america for decades.
      in true communism there is no monetary system at all, everyone works for free, and all goods and services are free.

  7. How'd that work out for ya?

  8. @deplorableaussie6749

    sicialism has come about, were now on ths fast track the global communism , with dystopian being the end game .
    Fk these people.

    POPULISM IS NOT DONE WITH YET .

  9. The most dangerous man is an old communist, because he never learns from his mistakes

  10. It should come about with one simple measure/argument capitalism argues for even with enough resources its ok if not desirable for people to be homeless & you should step over them blame them & you can't help everyone for some to have much some have to have little or nothing. Socialism allows for collective working towards common goals for the wellbeing of all. Even most capitalist don't openly wish for people to be homeless they argue its impossible to do anything about like we have no choice over the system we live within & work to support thats possible but basic humanity & decency are impossible problems to solve if you dont wish people to be homeless to stave to be denied health care then you dont support capitalism a lack of imagination keeps you prisoners to it. If capitalism is immoral morality literally gets in the way of profit one pill curing a illness is less profitable than pills every day of life managing the effects of an illness a immoral system compromises individuals robbing their morality Socialism objective is to benefit the species personally I don't even see why anyone would want or argue for immorality

  11. @jeffreytroublefield4265

    And yet the world is still looking for that one time it works.

  12. Isn't it weird how people debate this shit but every country in the world has rich and poor

  13. Seeing how when everyone gets a piece of the pie even when they don’t work leads to a society of bums. Unless there is forced labor, socialism doesn’t work. It leads to a homeless drug epidemic

  14. But Marx was stupid racist too so… 😂

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