Peter Schiff explains socialism, fascism, and communism.
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Peter Schiff explains socialism, fascism, and communism.
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Socialism is the first level. Always evolve to comunism. Always. At the end everybody ends poor.
This guy knows nothing abt socialism, fascism, or capitalism
5:07 what?? I’m a capitalist but this makes absolutely no sense.
This is a year before he had Bernie on lol. I wish Joe would make up his mind on his beliefs
Exactly. Fulfilling a need. It doesn’t matter when I spend 200 bucks at Whole Foods if Mackey has good intentions, they are still fulfilling a need and making me happy. Mackey most certainly had good capitalistic intentions when he ran Whole Foods and now Amazon owns them, and they most certainly only care about the bottom line… does that mean my Japanese green tea, samosas, and Amy’s enchiladas taste different? Naw. Solve problems for people. Capitalism utilizes human greed to create jobs, create goods and services, and allow for people to decide what works and what doesn’t with their informed opinions and patronage. That’s the invisible hand of the free market supplying the people’s needs.
Some folks will never get it. Even China embraced a form of capitalism. Socialism lost. It’s less productive and more murderous. Doesn’t mean our system is perfect, it’s just better