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"Capitalism" - The misconceptions [I'm guilty of the wrong definition] 

Most people think of Capitalism as the misconception and Yes I'm guilty thinking it's the corporatism type...

And do correct me also as I refine it a bit more in this post.

But Capitalism is usually considered by most people what Larken Rose says at the beginning of his video as the incorrect type which is:

"a corporatism type of using the violence of the state to get preferential treatment and enrich themselves and steal resources from other countries and stuff like that"

Video: invidious.private.coffee/watch

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So more and comments
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"You are rich because other people way richer..."

"..and have the screen and electricity... because of them and someone who invested lots of money"

BUT...
"They didn't do it out of altruism..."

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MY COMMENTS
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Time ⌚ 8.07
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"Thank people richer than you, because they're the reason those things exist"

"Now- They didn't do it out of altruism..."

***THIS*** is what people don't like and confuses everyone because
a) people should grateful for capitalism ***whatever*** definition it is (assuming all definitions are bad / or we could have had half-speed capitalism (call it the Caring-Capitalism flavour).

So although they get the definition wrong, still they are not happy the way people make products (YES they like the products NO they don't want resources and people's lands DEPLETED or SUCKED dry as much as we have it now with "infinite level of Capitalism" attempted.

It's like being grateful at some stage for buy oxygen... no we need nature (it almost has got to that stage in China they pay for pure oxygen as the smoke is so bad!)
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Time ⌚ 09.34
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"This idea that wealth comes from somebody else.. "

1/ Well how it's created from Banks is the biggest problem as debt banks can re-loan many times (that is an error and false accounting / scam). Bank don't have the 'Capital' for Capitalists so rich people are part of this original sin / lie / scam and perpetuate it using the earth and it's people.

2/ Don't forget nature being ues and destroyed... although we do have to use it up - we don't thank people for the ways, the speed and "Native people's" lands (or out land) for all that wood animals could still be living in...

3/ Bank CHOOSE who they lend to so this already political or bias, beyond just trying to get more money back

and then 9.51 "Now, when there are rich people who got their wealth by government coercion yeah they suck - that deserves condemnation

10.15 "But the idea that wealth should be resented or hated is just stupid".... "what you do have is the direct result of people with more than you seeing a way to make and sell something that you would want to buy voluntarily..."

SO HERE IS WHERE I THINK HE'S WRONG BASED ON MY POINTS ABOVE (How banks make money and how people are chosen to get it).

Also it forgets governments give people public money through grants or subsidy so there is a whole shiesty birth of projects and work usually for government control or various types of fascism/domination/control which would be full on Nazism if people didn't die so fast or work wasn't more efficient this way.

Money is not right in itself.

10.51 "And so I'm constantly grateful" and yes at most levels of cruelty or destruction I think we could still say we're "I'm grateful" but it depends on if you value the how for money and wealth (extreme extraction in the coldest forms, often death to those that come between it or nature demolished for just another road by-pass to the existing by-passes.... just a sick cancer of logic basically that in perhaps 100 years seemed nice but quickly it's like NO THIS IS ALL BAD - WE SEE IT NOW! From bank to extraction for products...

I think the video assumes we couldn't make light bulbs any other way OR make light bulbs but just not make then die after 2000hrs deliberately just to keep making money on them.... We could make a lot of stuff and rotate what we already have enough of to the next thing... not make things worst to sell more of them.

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SUMMARY
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How Capitalists (or whatever) do things to get there I think is missed (he mentions the Ferrari and "people don't steal a Ferrari from the poor to give a Ferrari to you" BUT THEY DO TAKE OVER LAND AND MINE THERE AND WAR OVER METAL, OIL, WATER RESOURCES, ANYTHING!! MINERALS ETC... WHICH BELONG TO THE POOR (OR THE GENERAL REGION OF PEOPLE which gets extracted OUT)... so the extraction is not victimless, it's just so general you can't show how it's stolen from their lands, their people but it has when you see a foreign company in another country - that's basically what they do - A company is on behalf of the state and gets special privileges to go and work / extract for it and pay % back on everything (almost none going to people but individuals instead).

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I COULD BE WRONG SO TAKE A BREAK TO THINK ABOUT THAT!
Do correct me!
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💬 OTHER COMMENTS FROM VIDEO.... 💬

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💬 I keep telling everyone that LANGUAGE MATTERS. When words are corrupted, misconceptions flourish.
- @kensurrency2564 - 2 days ago

💬 Me too, or free trade, free exchange ("libero scambio" in italian) 🤷‍♂
- @lucar.923 - 1 day ago

💬 English has the most definitions of deception than any other language
- @kensurrency2564

💬 I do a variety of things, I’m a handyman. I’ve never been hired to do anything by a poor person almost all my clients are much wealthier than me.
- @cameronpresley5771

💬 Should one argue against capitalism, that one either argues for charity or for theft.
- @Green.Country.Agroforestry

💬 That's why i don't call it capitalism, it's basically a very emotionally charged word that means so much to so many people. So i just don't use the word.
- @antyrak7905

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