Name: Communism
Uploaded: 2014-05-10T07:20:05.000Z
Duration: 15 min 4 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

Transition words & phrases

just because I've been talking about it a bunch in the history

videos, and I haven't given you a good definition of what

it means, or a good understanding of what it means.

And this is really just going to be an overview.

People can do a whole PhD thesis on this type of thing.

Capitalism, and then I'll get a little bit more--

in the 1800s, who, in his Communist Manifesto and other

writings, kind of created the philosophical underpinnings

And Vladimir Lenin, who led the Bolshevik Revolution

in the-- and created, essentially, the Soviet Union--

he's the first person to make some of Karl Marx's ideas

But first, let's talk about the philosophical differences

between these things, and how you would move.

So what he saw in capitalism-- and at least this part

have private property, private ownership of land.

And this is the world that most of us live in today.

have private property, the people who start accumulating

some capital-- and when we talk about capital,

we could be talking about any type of natural resources--

so the people who start getting a little bit of them--

So let's say someone has a little bit of capital.

And that capital could be a factory, or it could be land.

So let's say someone starts to own a little bit of land.

So then you just have a bunch of other people

But they need, essentially-- and since this guy

owns all the land, they've got to work on this guy's land.

And from Karl Marx's point of view, he said, look,

you have all of these laborers who don't have as much capital.

from this arrangement, the owner of the capital

Because these laborers won't be able to get

Because there's so much competition for them

to work on this guy's farm or to work on this guy's land.

He really didn't think too much about, well,

maybe the competition could go the other way.

Maybe you could have a reality eventually where

you have a bunch of people with reasonable amounts of capital,

And the bunch of people would compete for the laborers,

and maybe the laborers could make their wages go up,

and they could eventually accumulate their own capital.

They could eventually start their own small businesses.

So he really didn't think about this reality

to get in the habit of defending Karl Marx too

was happening in the late 1800s, especially--

have kind of-- Mark Twain called it the Gilded Age.

They really did have a lot of the leverage

if the guy with all the capital has all the leverage,

and this whole arrangement makes some profits,

he's going to be able to keep the profits.

Because he can keep all of these dudes' wages low.

And so what's going to happen is that the guy with the capital

is just going to end up with more capital.

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Communism

people

state

kind

current