capitalism

[VIDEO] Who Pays for Capitalism?

https://youtu.be/oiIanTrgXu0

People who are against socialism, or even just skeptical, often ask the question: Who pays for socialism?

Many believe it’s those with higher levels of income or wealth who pay for socialism. Not only is this a false conclusion, it’s based on a false understanding of socialism.

Rarely is capitalism interrogated with the same question. When it is, the answer from bourgeois economists is that capitalists pay for capitalism by funding production. It’s an answer, however, that leaves out more than it tells.

So who really pays for socialism? And who pays for capitalism? This video addresses both questions.

1971-2021: 50 Years Since the USA Reneged on Bretton Woods

For the CWO, and indeed the entire political tendency to which we belong, it is axiomatic that we are living through capitalism’s third global economic crisis. For over a century the economic system (mode of production) which was once progressive for humanity, in that it created the material possibility of a prosperous world community without national borders or class divisions, has represented a barrier to human progress when it is not a direct threat to human existence itself.

[VIDEO] OK Boomer: Class War Not Generation War

https://youtu.be/CY4pNGK7ccI

Boomers get a lot of hate. The boomer generation is blamed for the awful state of the world, ruining the housing market, job market, and environment. Millennials and Gen Z are framed as their victims.

This discourse promotes a confused misunderstanding of power dynamics in capitalism. It stifles class consciousness and diverts attention from the systemic causes of our environmental and economic woes.

This video will discuss the Top 5 Reasons why this discourse is inaccurate and counterproductive.

[VIDEO] Tax the Rich? New questions

https://youtu.be/5q6j4Kh8LEA

• Is it justified that high-salary workers pay a high portion of the tax revenue? If so, what is that justification?

• Does paying a high portion of taxes mean they contribute more to society than other workers?

• Does the high market value of their labor, as reflected by their high salary, mean their labor contributes more social value to society?

• Higher tax for the rich is the progressive liberal solution to address inequality and provide better funding for public goods and services. But what is the socialist solution? (Note that I use the word socialist to refer to a stateless and classless society.)

[VIDEO] Tax the Rich? Why More Is Not Enough

A critique of both the conservative and liberal perspectives on taxing the rich.
Link: https://youtu.be/SJaoDBJC8M0

PragerU and The Daily Wire misrepresent the facts to exaggerate how much tax the rich pay. However, a large portion of tax revenue is indeed paid by the rich. The argument that liberal progressives make to justify this is: Those who can afford more should pay more. But this accepts the belief that the rich subsidize and support the rest of us.

The opposite is true, at least when it comes to rich capitalists, i.e. the majority of the rich. It’s the working-class who support and subsidize the rich by producing their wealth.

Janji Palsu Vietnam

“Revolusi Tikus” oleh Diều Hâu.

A translation of our piece “The Broken Promises of Vietnam” into Bahasa Indonesia. Translated by Ameyuri Ringo.

Die gebrochenen Versprechen Vietnams

“A Rats’ Revolution” von Diều Hâu.

Eine Kritik vietnamesischer Anarchist*innen am sogenannten „Sozialismus“ in Vietnam.
A translation of our piece “The Broken Promises of Vietnam” into German. Translated by die plattform.

Việt Nam: Những Lời Hứa Bỏ Ngỏ

"Cách mạng của chuột" - Diều Hâu

Người vô trị Việt Nam phê phán cái được gọi là “chủ nghĩa xã hội” ở Việt Nam. Xem bản video từ veritas et caritas tại đây.
Also available in Spanish, French, Greek and English.

[VIDEO] The Capitalist Propaganda of Multi-Millionaire Andy Puzder: A Response

Link: https://youtu.be/41_6RGrZA5o
Video length: 17:28

A response to two propaganda videos by multimillionaire CEO and author Andy Puzder where he argues that capitalism caters to human needs and empowers the masses as a form of economic democracy.

This response video debunks Puzder’s claims while also presenting a broader critique of capitalism more generally.

[VIDEO] Why Capitalism Doesn’t Work: A response to the video “Why Capitalism Works” by Prager University

https://youtu.be/CG_lcbTpR3s

Debunking the video “Why Capitalism Works” by PragerU, aka Prager University, and having a few laughs along the way.

The problems with capitalism are due to inherent flaws and failings within the system. It's not that individual capitalists are greedy. Greed can be an aggravating factor, but even well intentioned capitalists must make profit the priority.

The result is an economic system which sacrifices people’s lives and wellbeing and which threatens the future survival of human civilization and even the survival of our species, all for the sake of profit.

All this is discussed in more detail throughout the video.