The Age When Capitalism Went Too Far

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Shared September 8, 2018

People think companies have too much power today, but there was an age in the 19th century that things were even worse. So let's talk about that, shall we?

Music:
Money Loving- Niklas Ahlstrom
Money Job- Merlean
The Swing- Merlean
Rock the Casino 6 T60- Merlean
Rock the Casino 9 TSO- Merlean
Rock the Casino 3- Merlean
Rock the Casino 4- Merlean
The Target- Merlean
Jiving- Niklas Ahlstrom
Keep Moving- Merlean
Do Tell- Niklhas Ahlstrom
What Lies Ahead- Merlean


KnowledgeHub

Boom baby.

5 months ago | [YT] | 2,296

EmperorTigerstar

And now they do the same things but make sure the labor is in other poor countries so we don’t have to look at it.

5 months ago | [YT] | 4,564

I_Am_Dragoon

Capitalism has leveled up. Capitalism has learned *Monopoly*. Capitalism is Evolving. Congratulations. Capitalism has become Corporatism.

4 months ago | [YT] | 508

Bazzralic

Anti-trust for Disney, Google, Amazon, Tencent when?

5 months ago | [YT] | 256

Caoimhin O

Wait the pinkertons were real I thought they were fictional gang in Red Dead Redemption 2

2 months ago | [YT] | 87

Magicoffee

Both the far right and the far left are Utopian ideals, impossible in the real world. So we need a little bit of both, can't have a free market without pro-consumer laws and cant have welfare without regulations on who gets it.

5 months ago | [YT] | 309

Sam Morris

I mean the East India company had a private army twice the size of the british army at the start of the 19th century and controlled around 70% of the world's trade as well as essentially ruling over the whole of India

5 months ago | [YT] | 872

jasonlb136

You’re conveniently omitting the fact that all of this was enabled by the government from the very beginning. Vanderbilt and Rockafeller bribed government officials to look the other way as they committed violence against their competition. You briefly touched on the idea that unions were illegal, but failed to mention how that happened because the government accepted bribes to make unions illegal. You kind of threw this general idea in at the end, but then tried to paint the government as the victims for taking bribes. The government is rarely the savior it pretends to be in these type of situations. It’s usually the greatest perpetrator. These monopolies happened BEACAUSE government wanted them, as usual.

5 months ago | [YT] | 318

Shaun House

Give me a moment to read the 'minds' of AnCaps ~~~ "that's not capitalism, that's corporatism"

5 months ago | [YT] | 137

Muad Dib

Capitalism always goes too far. Hence regulations are needed, libertarianism doesn't work.

5 months ago | [YT] | 111

Captain Japan

"When Capitalism Went Too Far", oh, you mean everytime capitalism does anything?

4 months ago | [YT] | 70

сука алди

Why do americans defend capitalism even though the 1% does not care about you they love money more then welfare of the people

1 months ago | [YT] | 18

David AC

Interesting fact: Income inequality is now greater than it was during the guilded age. Also Anderson Cooper from CNN is a direct decendant of Valderbuilt..but yeah we are not an oligarchy, we are a democracy !

5 months ago | [YT] | 101

ThatKoolAides Disease

Capitalism too far? Nah son, that's commie talk.

5 months ago | [YT] | 96

Edgar Larios

I am a conservative who believes in the free market and capitalism, and this video is 100% correct. We must never forget that a complete and total lack of regulation brings cronie capitalism. Accountability must be kept, because people are selfish cheaters and thieves. I never knew about the mrecs though, that's disturbing.

5 months ago | [YT] | 35

MidN Music

"The gentle laborer shall no longer suffer under the greed of Mr. Krabs" -Squidward, communist revolutionary, 1917

5 months ago | [YT] | 1,466

Zuriel 883

And I guarantee back then defenders of capitalism give the excuse "at least we're not as bad as the century before" just like you. So did the feudal overlords before them, and even the slavers before them. And so on, and so forth.

5 months ago | [YT] | 9

Joseph Stoner

When people claim a unregulated market is the solution, show them this.

4 months ago | [YT] | 22

mrpalaces

I make $2.6 an hour and work at least 55 hours a week. And I'm an engineer in a junior management position. Yay 3rd world capitalism!

4 months ago | [YT] | 9

Henry Warwick

The difference is that in the 1890s, there was only about 1.6B people on earth. Now there is 7.5B people, and the biosphere is dying in the face of human toxic pollution and climate change. So, actually, there's a big difference - back then near term (<500 years) extinction wasn't on the table, now it is becoming a greater probability bordering on certainty. So, yeah. Things are much worse today.

6 days ago | [YT] | 5