CEO of Whole Foods Defends Capitalism, Talks Socialism

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w/John Mackey:

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  1. Anneke Ruben
    Anneke Ruben
    4 ժամ առաջ

    There is no such a thing as a perfect system. Nobody even has a perfect life, that they themselves control. The better system is capitalism. It's also not prefect. Improving capitalism is to remove all contraints on it.

  2. Stephanie Janiczek’s Smuggler’s Cantina
    Stephanie Janiczek’s Smuggler’s Cantina
    Օր առաջ

    Late to this: biggest polluter in the world is China. That is a fact. And they don’t get any penalties for any of the garbage that they leave in their wake.

  3. voaneves
    voaneves
    2 օր առաջ

    Most people still can't realize that AI is going to completely change how we work and who's necessary and who's not. Capitalism will change a lot and will require a lot less workes, which will be more specialized. Have a look at industries nowadays and you'll see how far automation (0 AI mostly) has come

  4. Synth Bagel
    Synth Bagel
    3 օր առաջ

    Turns out running a grocery store does not make someone intelligent.

  5. Zane Black
    Zane Black
    3 օր առաջ

    Bezos owns whole foods now right?

  6. Allen Hooper
    Allen Hooper
    5 օր առաջ

    My brother and I have worked for Whole foods. (supervisor/supporting role). It's funny to listen to these ideals. The stores do not live up to this mans vision. But most of this "conscious-leadership" is for the executive level leadership for store management the story unfolds differently.

  7. Steve
    Steve
    6 օր առաջ

    It’s kinda ironic Joe is arguing against capitalism when he’s literally a multi millionaire. All thanks to capitalism

  8. xxmdogxx1ify1
    xxmdogxx1ify1
    6 օր առաջ

    Capitalism is a religion nothing more, this guy is deep in it

  9. xxmdogxx1ify1
    xxmdogxx1ify1
    6 օր առաջ

    intellectuals vs business... you're talking peace versus war... the only problem is that we don't have enough intellectuals

  10. Boy Howdy
    Boy Howdy
    7 օր առաջ

    Find a ‘win/win’? Tell that to your workers, Mr. Whole Foods/Amazon guy...

  11. Boy Howdy
    Boy Howdy
    7 օր առաջ

    The problem with arguing any system is that it is done from a theoretical place of being applied evenly. Capitalism has no intrinsic badness. It’s the rigged version we have to deal with in current Capitalistic societies. Insider trading, fraudulent banking, etc. Our system is RIGGED.

    1. Hunterchuck
      Hunterchuck
      17 ժամ առաջ

      The problem is that you have to put a lot of trust in the ones who rule over others. Human civilization has been struggling with this for thousands of years already, right? You hope the dictator will be fair and just but it rarely turns out that way in reality.

    2. James Patterson
      James Patterson
      5 օր առաջ

      Boy, very true. Capitalism is like any powerful object (a car, the internet): it could be used for good or bad purposes.

  12. Azerbaijan is a terror state
    Azerbaijan is a terror state
    7 օր առաջ

    This guy is delusional, he thinks intellectuals and professors are "anti-business" because they are jealous of the status of CEOs? Lol what a buffoon. Professors and researchers are exactly the type of people who aren't seeking status or money. What nonsense coming out of this man who is double my age.

  13. zRexx
    zRexx
    10 օր առաջ

    This guy seems extremely, extremely ignorant when it comes to politics. Instead of reading books and educating yourself on another ideology, and actually having an open conversation about it, he has to resort to lame strawmans and stereotypes. He's literally hand-waving off everyone who disagrees with him by saying they're consumed by ego or some shit. As if no one can just think their way to a different conclusion than he has. He has to attack something about their personality or their life experiences just to avoid even talking about the ideology. Those are the signs of someone who you shouldn't go to for information about politics.

  14. New Soul
    New Soul
    10 օր առաջ

    yes give them cigarettes, deny them education and make actual healthcare unattainable. perfect fucking society. idiot

  15. New Soul
    New Soul
    10 օր առաջ

    whenever someone brings out the "perfect" argument, I'm out. we are not a capitalist society we have created predatory capitalism. if we fix that, truly, with legislation and shit, us socialists will shut the hell up bc CEOs wont make 300 x their employees they'll go back to 30 x, and monopolies won't exist, and people will make a living wage with benefits and actually be a part of the businesses they work for, and people will be happy and can afford to have kids and own homes and fucking survive

  16. Schismatic
    Schismatic
    12 օր առաջ

    While I agree with most of what he said I think we need to discuss the harmful effects of corporatism in the west. If loss of productivity is the fatal flaw of socialism, corporatism is the fatal flaw of capitalism, IMO, and the governments have no interest in limiting monopolistic behavior because their bread is buttered by the giant corporations. Alphabet is an example of a holding company that has far too much power and influence allowing them to become a quasi-government themselves. The dominance of corporate media.

    1. Hunterchuck
      Hunterchuck
      11 օր առաջ

      Corporatism can be as much of a problem in a Socialist economy as well i think, although we have never seen a socialist economy yet to determine if that would truly be a problem on par with capitalism. But i'm not sure where you got the "loss of productivity" from with socialism. All metadata analysis on worker cooperatives so far have shown them to be more productive than privately owned businesses. Can you point me to where you got that info from so i can have a look at it?

  17. Kevin Kwan
    Kevin Kwan
    12 օր առաջ

    Comparing socialism to capitalism is just comparing big government to big corporate. Who do we trust less?

    1. Hunterchuck
      Hunterchuck
      11 օր առաջ

      Well if you have just blindly believed media narrative of socialism, then yes, socialism is big government. But if you actually do a little research into what socialism actually means, then you know that socialism vs capitalism is just private vs public business operations. A command economy is the economic definition of government control of the economy. History has shown us that this way of organizing the economy is very bad for the people. Right now we are realizing that Capitalism is actually not much different when businesses become large enough to the point where they control the government. So we currently have to figure out the propaganda around the capitalism vs socialism conversation and understand what we should do better about how we organize our economy so that it works for the most amount of people possible.

  18. IGT
    IGT
    14 օր առաջ

    What's bad about capitalism, has been exposed under COVID. 2010-2019: Companies wanted to pay only $10-$15. 2020: Companies magically come up with thousand dollar sign-on bonuses and start at $20 with huge supply chain issues. Corporations did this to themselves, not COVID. And now they want to be the good guy, and offer an above and beyond amount of cash to people? Where was this 10 years ago? We have been nothing but pawns to companies and corporations.

  19. Ania
    Ania
    14 օր առաջ

    In fairness of intellectuals, businesspeople tend to always be extremely deceptive and duplicitous... that's what puts me off of business. But I'm in favour of both capitalism and socialism depending on what we're talking about. That's the main problem, is that people don't understand that they can and do already coexist.

    1. Hunterchuck
      Hunterchuck
      11 օր առաջ

      @Ania If you understand the definition of socialism then i'm confused about your verbiage on the term "socialism". What you are talking about is public funding and robust welfare systems. I personally wouldn't call that "socialist" because the funding of those policies is not anywhere close to being directly controlled or dictated by the people.

    2. Ania
      Ania
      11 օր առաջ

      @Hunterchuck Nope. I know the Marxist definition of socialism. I'm talking about things that function in a capitalist society, which is the most fair and successful system we have, like socialized healthcare in developed countries. They don't have to be mutually exclusive and the people who push against socialist policies seem to have a complete ignorance of how it can and is successfully implemented.

    3. Hunterchuck
      Hunterchuck
      11 օր առաջ

      You are right that capitalism and socialism already exists together in the same economy. What you probably didn't realize is that socialism is workers owning the means of production or what many would call "worker cooperatives". The main issue that people have with capitalism is that it functions exactly like a dictatorship. And as we all should know from history, the majority of the people suffer under dictatorships. That's the main reason why capitalism has been under so much scrutiny and continues to come under more and more criticism as people start to realize that capitalism is not a very sustainable system.

  20. João Rodrigues
    João Rodrigues
    14 օր առաջ

    This man is delusional. Humans are greedy about what others have that they don't. Capitalism creates this inequalities, the reasons to be greedy. If this man wants humans to be faithful to their nature why do we have prisons and police? It's so people are not faithful to their nature or consequences will be implemented. It's not human nature to seek advantage over others using natural strength? That's what the creators of capitalism fear, nature itself. In a system where people are equal, in rights and freedoms, there's no need to be greedy, America, just look outside and see those european countries almost without jails.

  21. Tim Howell
    Tim Howell
    14 օր առաջ

    Yep I totally agree with Mackey. Humanity is not perfect-able, capitalism is still the best market strategy available but it does need to be tempered against those who would exploit others.

  22. urghertable
    urghertable
    15 օր առաջ

    The mistake he makes is that while everyone "wins", one group wins a dollar, one group wins a mortgage and one group wins a fortune. Most socialists aren't asking for a total egalitarian distribution of income. In places where Socialism exists and functions incredibly well (Scandanavia) there are still wealth differences. Business can exist morally and ethically.

  23. Valued Customer
    Valued Customer
    15 օր առաջ

    Tiananmen Square Massacre 1989, Never Forget. Chinese Communist Party must resign and stand trial for crimes against humanity

  24. Andrew Romero
    Andrew Romero
    16 օր առաջ

    "business has an incentive to innovate". I sort of agree with that. What about pharmaceutical companies though? They don't have an incentive to innovate because they have the patents for drugs and don't have to spend too much on innovation. If they don't have to spend too much on innovation, they end up spending that money on massive marketing budgets and exec bonuses/dividends.

  25. Atom Miller
    Atom Miller
    17 օր առաջ

    If you really wanna know the truth about the beginning of whole foods, the cult in Summerville Tennessee (Steve gaston) kids hanging themselves from tree @ bus stop cuz they didn't fit in. My mother is a Texas folk Legend not John Mackey. Hit me up 325-473-1503

  26. langra man
    langra man
    18 օր առաջ

    Elon Musk Jeff Bazos Bill Gates etc all intellectuals

  27. Triston Connor
    Triston Connor
    19 օր առաջ

    The commies aint gonna like this

  28. Cherry Pitt
    Cherry Pitt
    20 օր առաջ

    Mackey sold out his employees. He could care less about their welfare.

    1. Just some guy
      Just some guy
      4 ժամ առաջ

      @Null Null (Soren11112) He sold Whole Foods to Amazon

    2. Null Null (Soren11112)
      Null Null (Soren11112)
      10 օր առաջ

      How did he?

  29. Breakman Radio
    Breakman Radio
    20 օր առաջ

    12:36 That is crony capitalism, not capitalism Joe. When corporations get in bed with big government, that is not a free market.

    1. Hunterchuck
      Hunterchuck
      20 օր առաջ

      Free market isn't a capitalism specific thing. Capitalism is the economy controlled by one or a few people. This 'crony' capitalism of business owners paying politicians to give them a free pass and less regulation will always exist by the very nature of private ownership. It's a mutually beneficial agreement between the few who have control over the economy and peoples lives. That's why socialism became a popular concept in the first place and it's because intelligent thinkers can see that you can't fix the underlining problem with capitalism with wishy washy utopian ideas like "conscious capitalism". You need to democratize the workplace so that the powers of business and government are limited and the people as a whole have better opportunities for success in a more dynamic economy.

  30. ROY FR
    ROY FR
    22 օր առաջ

    I have never been around a business that truely appreciated or cared for its employees..... a manger that wasn't motivated by ego and status, or a busness owner who cared more about welfare than porfit. It may take a little time to identify it, but its always there.

  31. Bryan Rodriguez
    Bryan Rodriguez
    22 օր առաջ

    How can capitalism continue to house innovation when we’re now at a point where 3 conglomerates control the entirety of the market? Makes no sense.

  32. JZ Gringo
    JZ Gringo
    23 օր առաջ

    Capitalism has flaws though, this might sound very left but I feel like there should a cap on how much capital you can have

    1. Hunterchuck
      Hunterchuck
      22 օր առաջ

      @JZ Gringo i don't see how putting a cap on wealth is a solution to people's problem with capitalism. Have you only been hearing capitalism conversations from conservative spaces and Joe Rogan? It's not necessarily how rich a person is that people have a problem with but more with how they obtain it. Billionaires are not good for the economy but billionaires aren't the main problem with capitalism economically.

    2. JZ Gringo
      JZ Gringo
      22 օր առաջ

      @Hunterchuck Im not suggesting communism, just editing capitalism for a more ideal version that is more ideal for me because it’s my opinion

    3. Hunterchuck
      Hunterchuck
      22 օր առաջ

      @JZ Gringo Your logic is very flawed. Take some time to think about the fact that you want to give a lot of power to single individuals over everyone else just so they can be successful. Government already has absolute power as well and government and rich business people go hand and hand. That's where a lot of government corruption comes from. Also human nature is like yin and yang; You have people who have a tendency for greed and you have people who have a tendency for generosity. To say something along the lines of catering to the worst characteristics of humans and the worst kinds of people seems like you are shooting for the worst kind of society to live in. Whatever floats your boat though 🤷‍♂️

    4. JZ Gringo
      JZ Gringo
      22 օր առաջ

      @Hunterchuck if we give the government power they will monopolize everything as how big corporations operate, there will never be a perfect solution because it’s just human nature, just as like insane people will exist

    5. JZ Gringo
      JZ Gringo
      22 օր առաջ

      @Hunterchuck well it should be that way, people should be able to be successful especially bosses but there should be a cap on how much capital a boss can have, I don’t think billionaires should be able to exist financially, I’m not saying they should be dead

  33. Colin Fitzgerald
    Colin Fitzgerald
    23 օր առաջ

    Don't ever listen to Joe Rogan on Spotify! It's like three fucking hours of commercials before you hear a single thing.

  34. David Holt-Smith
    David Holt-Smith
    24 օր առաջ

    This dude is a fucking tool. Whole food plant based diet. How many millions does this guy have that was made off the backs on an Chinese forced labor?

  35. Aram Rajabpour
    Aram Rajabpour
    25 օր առաջ

    The only ancient people whos work still has a place in modern society were intellectuals. You can run whole foods as successfully as you want but your achievements won’t matter in 200 years time

  36. Michael Ferguson
    Michael Ferguson
    25 օր առաջ

    I bet if you were to average out the bank accounts of the 22K people that liked this video, against the 4.9K people that disliked this video, it'll tell you something.

  37. Michael Jiggs
    Michael Jiggs
    26 օր առաջ

    This guy is just a elitist tool. He talks about how things are as if its natural but in reality things are the way they are because of intentional stomping on anyone outside of his social class. He calls it unfair but helps keep it that way. Idiot

  38. Jorge Perez
    Jorge Perez
    26 օր առաջ

    It's totally amazing how this guy who's supposed to be super smart knows nothing about capitalism and the negative impacts of it, they just get to get in those positions because they're greedy, they douchebags glorify and worship capitalism, and I'm for capitalism but with boundaries, intellectuals criticize capitalism and rightfully so because of its vices, stop beating the capitalism drum and start paying your fair share of taxes so we can all get on board with a healthy form of capitalism , stop paying politicians to screw up our laws and stop buying a 12th yacht that you don't need, that's not too much to ask.

  39. andre Dayton
    andre Dayton
    26 օր առաջ

    If you introduce greed to communism/ socialism, you get lazy citizens who don’t work and benefit, utterly destroying motivation to work. With capitalism and greed, society still goes on but at the same time you get very powerful individuals who influence at ease. Socialism requires a perfect human nature that goes against instinct while capitalism just works either way.

    1. Hunterchuck
      Hunterchuck
      22 օր առաջ

      I don't understand how greed works in a stateless, moneyless, and classless society (Communism). I also don't understand how greed in socialism would make people lazy either. You say that Socialism requires a perfect human but people who work in cooperatives aren't gods among men or anything. You do know that Socialism is just worker cooperatives, right? 🤷‍♂️

  40. Joefest99
    Joefest99
    27 օր առաջ

    He ABSOLUTELY hit it on the head!!!

  41. Johnny Something
    Johnny Something
    Ամիս առաջ

    As a physics student who did well at school and is planning to get a PhD in physics, I don’t give a flying fuck if any of my old classmates get better payment than me. All I care for is that one kid who had to work extra hours after school to support his family while I had the privilege of studying and then resting in my bedroom watching AMget videos.

    1. M
      M
      19 օր առաջ

      @Joefest99 god you people are insufferable.

    2. Johnny Something
      Johnny Something
      26 օր առաջ

      @Joefest99 what do you mean? Are you asking why a high school student with studies and a social life didn’t sacrifice them for another person he barely knew? What’s the point of this question? The burden shouldn’t fall on high schoolers to help poor people you dimwit. There should be government funding for that.

    3. Joefest99
      Joefest99
      27 օր առաջ

      Then why didn’t you help him instead of watching AMget, if you care so much for him?

  42. Gobi singh
    Gobi singh
    Ամիս առաջ

    LA air doesn't get cleaner by regulations, it happened cause factories were shipped elsewhere places like China Delhi.

  43. Delbert Grady
    Delbert Grady
    Ամիս առաջ

    “I’m trynna go out like I’m John Gotti”

  44. Megan
    Megan
    Ամիս առաջ

    This guy sounds like he's trying to convince himself first and foremost.

  45. Jack Jingleheimer
    Jack Jingleheimer
    Ամիս առաջ

    This comment section is cancer...

  46. B McGrath
    B McGrath
    Ամիս առաջ

    Intellectuals produce nothing. Their career exists to further itself

  47. Ethan Jenkins
    Ethan Jenkins
    Ամիս առաջ

    Win win win - Michael Scott THE OFFICE

  48. Sea Hag π
    Sea Hag π
    Ամիս առաջ

    You can't compare Apple & Oranges & any credible statiscian or collegiate education can tell you the same when you compare 1917 to 2020. #greed !!!

  49. Anthony Mauro
    Anthony Mauro
    Ամիս առաջ

    Someone tell Joe to stay out of politics. For fucks sake

  50. Sh Hu
    Sh Hu
    Ամիս առաջ

    One of the pitfalls of Capitalism is the idea that as long as you earn money it doesnt matter HOW you earned the money. It is a distortion of the system caused by too much greed and lack of accountability, ie bailouts.

  51. Anthony James
    Anthony James
    Ամիս առաջ

    "The beauty of Capitalisms is that it's a win..win..win game" WOW. Yep, I see it all around me. Everyone's winning! NOT. He forgot the most obvious problem. PEOPLE! Insert people and you get instantaneous greed, fear, power, dominance, subjugation e.t.c..e.t.c...e.t.c...THAT'S NATURAL John.

  52. Andrew Rivers
    Andrew Rivers
    Ամիս առաջ

    If we acknowledge were not perfect with perfect systems. We just have principles on the ability to change when it's in our ability. We have flaws, the inability to flex the mind with what can be done to bring about possibilities, just as it important to know when what we're doing is right or wrong. Habitual system programmed ideology has always a detrimental effect on conscious thought. Winners and losers are both subject to the context of the terms of the game. Terms are not made often by the players or rarely people who have even had to "play". Not that Adam Smith or Karl Marx are alive anymore to offer a perspective on life anymore. So just dead perspectives no longer looking at the actual world.

  53. cxvd7
    cxvd7
    Ամիս առաջ

    Joe-capitalism has made the government corrupt Joe-I know what will fix it, give the government more control

  54. Dam1an
    Dam1an
    Ամիս առաջ

    Socialism sucks. 99% of people in comment section don't know how people live in socialist countries, so they believe that socialism can work...

    1. Dam1an
      Dam1an
      Ամիս առաջ

      @Hunterchuck "Try to settle down young whipper snapper. You seem much more excited to call me an idiot than actually engaging in concepts that you don't have any understanding on. Let's walk you through it one at a time so i'll only respond to one point you made. I don't want to overwhelm you" I wrote already about your dunning-kruger effect, you think that you are wise but the truth is that you are total uneducated fool. You even don't know what is socialism. You are typical naive ignorant from western who don't know how looks life in socialist countries and talk rubbish about this ideology. Put off this foli from your head. BUT iT wAsN'T ReAl sOciALisM !!!1! UGA BUGA SoCiAliSm WoRkS FiNe !!! XD "It should be easy to understand that someone like Bill Gates would never want to restructure his business to become more democratically operated" LOL if democratically operated of companies is better and much effective, so he should change system in his companies to this because he has to maximilize profit. If he doesn't do this, then it mean that workers cooperative aren't effective and are worse than private companies. "This is the same reason why you have never seen any dictator just decide to change their dictatorship into a democracy" Pinochet "And if you are wondering why you don't see worker cooperatives popping up all over the place, well that is an easy answer as well" Because worker cooperatives aren't such effective as private companies. In my country exist some worker cooperatives in agriculture and they are less effective than private farms. This is one of the reasons why in socialist countries economy is much worse than is capitalisst countries. "It's actually near impossible to compete with large corporations that our corrupt government caters to and gives special treatment to" This situation is more similar to socialism than to capitalism.

    2. Hunterchuck
      Hunterchuck
      Ամիս առաջ

      @Dam1an Try to settle down young whipper snapper. You seem much more excited to call me an idiot than actually engaging in concepts that you don't have any understanding on. Let's walk you through it one at a time so i'll only respond to one point you made. I don't want to overwhelm you. Point: "worker cooperatives perform better than private businesses, so why companies don't change their system to worker cooperative and most of companies are still private?" Answer: It should be easy to understand that someone like Bill Gates would never want to restructure his business to become more democratically operated. This is the same reason why you have never seen any dictator just decide to change their dictatorship into a democracy. There is always a conflict of interest in play with these things and the people who have the control would obviously not give it up willingly. And if you are wondering why you don't see worker cooperatives popping up all over the place, well that is an easy answer as well. For the same reason why most startup businesses fail. The markets are already very saturated and the large corporations already have a gigantic share of their industries. It's actually near impossible to compete with large corporations that our corrupt government caters to and gives special treatment to. This is one of the reasons why the American Small Business League has won so many lawsuits against the government for the special treatment it gives to large corporations and screwing over small business.

    3. Dam1an
      Dam1an
      Ամիս առաջ

      @Hunterchuck "Socialism doesn't suck and it works just fine. Worker cooperatives are all around the world and they statistically perform better than private businesses" XDDDDDDDDD What a uneducated leftard. You should read about economy and start use brain (if socialists have brain). If worker cooperatives perform better than private businesses, so why companies don't change their system to worker cooperative and most of companies are still private? Your stupid theory is destroyed by facts and logic, nothing new with socialist fools. And you don't even know what is socialism. Socialism isn't worker cooperative. Socialism is a public ownership of means of production. "By "socialist countries" you probably mean command economies which are government control of the economy" IT WaSn'T ReAl SoCiaLiSm!!!1!!1 And you again show how much uneducated ignorant you are. Public ownership of means of production can be make by collectivization, nationalization. So government control of the economy is socialism. Everyone economist agree with this fact. Just use your little brain. Why everywhere where introduced socialism, there was nationalization of private companies and economy was controled by government? "Anyone educated in economics would laugh at you for not understanding the difference" This is funny because anyone educated in economy laugh at socialists. Socialists are like flat earth fanatics in economy. None respected economist treat socialists seriously. "Luckily I pointed it out for you and you can save face in the future. You're welcome" hahaha dunning-kruger effect is typical between socialist ignorants like you. You should put off this foil from your head.

    4. Hunterchuck
      Hunterchuck
      Ամիս առաջ

      Socialism doesn't suck and it works just fine. Worker cooperatives are all around the world and they statistically perform better than private businesses. By "socialist countries" you probably mean command economies which are government control of the economy. Anyone educated in economics would laugh at you for not understanding the difference. Luckily I pointed it out for you and you can save face in the future. You're welcome.

  55. Spotless Mind
    Spotless Mind
    Ամիս առաջ

    capitalism is a zero sum equation, a pyramid scheme where the very few (0.7%) live off of the many rest (99.3%)

    1. Dam1an
      Dam1an
      Ամիս առաջ

      @Spotless Mind So you also should substantiate your bullshit. In socialism also small group of people exploit the rest of society. There is a lot of examples like USSR, North Korea, Cuba etc. But in socialism the rest of society is poorer than in capitalism becasue socialism is total uneffective economic system. I live in former socialist country so I know how life looked in socialism. As someone said: "Under capitalism, man oppresses man. Under socialism, it’s the other way around". "because you've been programmed to follow command" like all socialists...

    2. Spotless Mind
      Spotless Mind
      Ամիս առաջ

      @Dam1an the answer is probably NO, because you've been programmed to follow command.

    3. Spotless Mind
      Spotless Mind
      Ամիս առաջ

      @Dam1an what does that equation look like? do you even understand what I said?

    4. Spotless Mind
      Spotless Mind
      Ամիս առաջ

      @Dam1an care to substantiate?

    5. Dam1an
      Dam1an
      Ամիս առաջ

      Socialism is the same

  56. Matt Stockmal
    Matt Stockmal
    Ամիս առաջ

    This dude sucks

  57. Matt
    Matt
    Ամիս առաջ

    His points about college are generally true, but vary highly on where you went. Ironically at the higher rated schools it's all academia and professors teaching who never actually did it, where in some lower ranked schools you get more of an adjunct faculty who actually work or have worked in the field they teach you. Not saying this is everywhere but was my experience because I have attended schools I could afford rather than prestige schools.

    1. Hunterchuck
      Hunterchuck
      Ամիս առաջ

      The prestigious schools do actually have people who work in the field teaching. The problem is that these institutions of education are used for research and not actually for teaching. At least this is what i've heard from friends who studied at Harvard and A&M.

  58. richard carr
    richard carr
    Ամիս առաջ

    socialism sux period

    1. Hunterchuck
      Hunterchuck
      Ամիս առաջ

      Did you have a bad experience in a co-op?

  59. l8tapex
    l8tapex
    Ամիս առաջ

    academics will retort to real world issues with non relevant historical thinkers who never had to sign the front of a check. The disconnect to real life is what makes mixologist think they can solve world issues. Pseudo expertise derived from blissful wellness of personal belief derived of personal dissatisfaction of their personal life choice.... f...k em all. Your love is not gonna change the world outside of your own mind. Taliban will kill , Chinese will take your individualism away, Venezuela's current tyranny took its people freedoms away... so much for free love and hugs you doops. Representative Republic is why people DIE to come here.....

  60. Gregory Hughes
    Gregory Hughes
    Ամիս առաջ

    Daily reminder that Joe, while he is a decent guy, he’s also a dunce

  61. Stumpy 11
    Stumpy 11
    Ամիս առաջ

    look at Cuba. its messed up. everything must be equal. so if i am a cuban and and getting ready to grow up, i can go to school and make 5 pecos a day as a brain surgeon, or 5 pecos a day as a street sweeper with no schooling. that equation doesnt make sense to me and thats the problem with socialism

    1. Stumpy 11
      Stumpy 11
      Ամիս առաջ

      @Edan Flanagan it is though. most wages are very similar and heavily restricted. mandatory military enrollment for luke 2 years i believe is also a thing there

    2. Edan Flanagan
      Edan Flanagan
      Ամիս առաջ

      i don' think thats how it works

  62. Sean
    Sean
    Ամիս առաջ

    Jesus this guy is pretty next level ignorant on this subject.

  63. Jessiejam21 44
    Jessiejam21 44
    Ամիս առաջ

    This guy is trying to straddle both sides of the fucking fence thinking corporations will hold themselves accountable when they don’t just look at the disaster that just happened in Tampa Florida thanks big Corp.

  64. Jessiejam21 44
    Jessiejam21 44
    Ամիս առաջ

    Meanwhile the wealth to pour ratio grows exponentially as the world burns. Yes capitalism extract as much as you can suck it out until it’s all gone and or dead. And if you look at Communist China they’ve had the largest bottom up growth of any developed nation.

  65. sukhjit sandhu
    sukhjit sandhu
    Ամիս առաջ

    Whole foods will go bankrupt soon and that's why capitalism is great 😊 Consumer's don't want to physically travel to whole foods to get ripped off 😂

  66. TomtheBabe
    TomtheBabe
    Ամիս առաջ

    This man speaks the truth

  67. Wolf.
    Wolf.
    2 ամիս առաջ

    The early hatred againnst jews was not motivated by an anti-business sentiment. It was religiously motivated at first, and because of the restrictions put on them for certain jobs, they often ended up running businesses and banks. Then they became wealthy through that and became hated even more. A vicious cycle, so to speak.

  68. Matthew A
    Matthew A
    2 ամիս առաջ

    Wow, totally side with joe. This man is crazy!? You do well in school= profit. Make tons of relationships in college= destruction of the world. wtf is this logic . He has dementia just listen!? He does not have complete thoughts.

  69. dano elmucho
    dano elmucho
    2 ամիս առաջ

    It is amazing that we are alive in the time of Elon Musk.

  70. Andrew Caldwell
    Andrew Caldwell
    2 ամիս առաջ

    This guy has NO IDEA what Socialism is

    1. Dam1an
      Dam1an
      Ամիս առաջ

      @Andrew Caldwell Yeah, It wAsn'T rEal sOciAliSm!!!1!! If you think that there was no real socialism, then the real socialism is a utopia. The truth is that there was real socialism. But introduce all points of socialism was impossible. Same with capitalism, never exist country where was introduced all points of capitalism. But this don't mean that capitalism was never exist. So if we have introduced only half of points of socialism and this caused big poor and hunger, then I don't wanna know how evil will be system in which we will introduce all points of socialism.

    2. Andrew Caldwell
      Andrew Caldwell
      Ամիս առաջ

      @Dam1an Whatever "socialist" country you lived in, I'm sorry you had bad experiences. However I can assure you they may have called themselves socialist but they weren't. Socialism has never been able to be tried because if the country claims they're socialist, it is actually either a always totalitarian dictatorship/oligarchy or the USA comes in and props up a right wing military junta. Every time. There has never been a socialist country. It's cliche, I know, but it's cliche because it's true.

    3. Dam1an
      Dam1an
      Ամիս առաջ

      No, you just don't know what is socialism. I live in former socialist country and I can talk you that the real socialism is complete different from your imagination about socialism.

  71. Kuznetskii Bassein
    Kuznetskii Bassein
    2 ամիս առաջ

    Lumping all intellectuals together, philosophers and engineers and geologists, wtf. CEOs have bs perspectives and want every subsidy and tax cut for their 'free' market corporations. 'Conscious capitailsm ' is the same business as usual profiteering through externalizing costs onto rivals, taxpayers, the environment, with pretty PR. Wow, lots of issues here as I listen. There are so many abuses under caitalism, esp with deregulation! Show the examples of Denmark and Sweden, and not eastern Europe, with regard to environmental degradation. Joe pushes back effectively, esp the lobbying efforts of corporations to capture both political parties- successfully in last forty years, to undermine deregulation. Today's CEOs have so many blind spots; they need another FDR to save their own failing system. Socialism is just the economic body's individual cells demanding equality in the face of actual biological decline and death.

  72. Carlos Nells
    Carlos Nells
    2 ամիս առաջ

    Nowadays Jesus is pictured waving a sword.

  73. FrankFit
    FrankFit
    2 ամիս առաջ

    "Win win win ... game" is not exactly a fair game... my work is undervalued, my mony is getting devalued and I am not better off...

  74. Cap'n Grace
    Cap'n Grace
    2 ամիս առաջ

    What an arrogant prick. He's still using the logic that money is a direct measure of value and people are logical.

    1. Dam1an
      Dam1an
      Ամիս առաջ

      @Cap'n Grace No, socialists like you live in the tribes.

    2. Cap'n Grace
      Cap'n Grace
      Ամիս առաջ

      @Dam1an part of your tribe huh?

    3. Dam1an
      Dam1an
      Ամիս առաջ

      LOL he is right, you fool

  75. Name Name
    Name Name
    2 ամիս առաջ

    Anyone notice how it's always the rich that tell you socialism is bad?

    1. Dam1an
      Dam1an
      Ամիս առաջ

      @‎ and is also bad for poor

    2. ‎
      2 ամիս առաջ

      socialism is bad for the rich that is why

  76. RecentR
    RecentR
    2 ամիս առաջ

    He's giving the standard libertarian textbook answer which has valid points, but does not explain the problems of an empire where the upper class is a kind of modern intermarried aristocracy and controls both the state and the top corporations. You vote left, the upper class wins. You vote right, the upper class wins. You either get exploited by the gov or the corporations. The main reason why people still fall for socialism is not the waffling of the intellectuals. It's the horrible wages, the long working hours and how bad you get treated by those companies. Families like the Kochs have bought up libertarianism and kept it very basic and stuck in the 1960s. And the more families like the Kochs put money into this libertarianism, the less likely it becomes that libertarians actually win elections.

  77. Alex Turner
    Alex Turner
    2 ամիս առաջ

    I think he was really on a good point but maybe 25 percent ego 25 less money than anyone else 25 be looked down upon after school 25 the government abusing educators

  78. Rough Habit
    Rough Habit
    2 ամիս առաջ

    This guy hit the nail on the head . If there’s corruption in government then it’s not capitalism’s fault . After all governments are socialist organs , and the bigger they get the more corrupt they become. “Socialism of any type or shade leads to the total destruction of the human spirit “ Shafarevich. One mans profit is another mans profit. Who cares how rich some people are? The names on those rich peoples lists change by 50% every few years. Under a Socialist regime the same people stay in power for ever . Envy is a sin . Let it go.

    1. Hunterchuck
      Hunterchuck
      2 ամիս առաջ

      What if Capitalism and Socialism isn't what you think it is? What if they have definitions like this: Capitalism: Means of production being controlled by private interest groups like CEO's and/or board of directors. Socialism: Means of production being controlled by workers like Worker Cooperatives. And what if people don't actually care how rich a person is, but instead care more about how they made it and how it impacts everyone else? There is a big difference between a person who worked hard for the money they gain and a person who scams people, right?

  79. The Bottle
    The Bottle
    2 ամիս առաջ

    Vietnam is a good example. Look into it. Its always failed in the past as the leaders are bad e.g. dictators. When you get a non corrupt government that makes decisions for what is best for people, everyone wins. Western governments take bribes and make decisions based on what will bring them votes. No party politics with just the best people for the job is the way forward. Right down the middle centrist politics. Logical, common sense politics. No screwing rich people, but protecting the needy. There is a middle ground and no party politics is the way forward and the way to end the silly left Vs right division we currently have.

    1. The Bottle
      The Bottle
      2 ամիս առաջ

      Almost no beggars and homeless in Vietnam. Their system has only been going for 50 years or so after the country was torn apart. No big government with bloated departments creating never ending red tape. Just decisive common sense rules with a very strong emphasis on nurturing community unity and happiness. Just because the ruling party has the word “communist” in the name, doesn’t mean it is a socialist or communist country (don't think of it as one Vs the other). They use some of the thoughts of people like Lenin, but the common good is protected. Only the price of a few things like rice are set. Otherwise it’s capitalism. There are some freedom restrictions (personal and media), but I am on the fence and possibly in favor of them, as those things made covid an irrelevant issue, only 35 deaths out of 95 million people. Small, fast acting government with the people’s best interests at heart meant they have easily killed off the outbreaks. Easily. While the west are endlessly debating and reacting to the past data, Vietnam acted proactively before there were any deaths. Because they have quality genuine people leading who do what should be done. It does have bad air quality but that’s coincidental because they don’t have the money to fix it yet, but they want to. It's definitely a country the world should be studying, especially for how to deal with covid. Its like a nice big safety bubble here. I inhaled thousands of droplets from people on a normal packed new years eve in Hanoi. It was shoulder to shoulder jam packed and I felt zero need to wear a mask. Not least because there were no cases at all in the city, if not the whole country at that time. Most cases seem to be from repatriation flights and everyone gets quarantined so it doesn't spread. We all have problems just following communist thinkers like Lenin and maybe Vietnam will. But right now it's awesome. IMO no need for left Vs right, socialism Vs capitalism. There is a perfectly logical middle ground where everyone gets human rights, the opportunity to have their own businesses and prosper. Small businesses are doing fine and most people have a small family business, they don't work like drones for greedy corporations. There are a thousand times more entrepreneurs here than in the west. Small local businesses thrive, pribably partly because the government doesn't give big corporations a free ride with tax and whatnot.

  80. Nikki Stixx
    Nikki Stixx
    2 ամիս առաջ

    All these “smart people” in business these days you’d think they could prevent market crashes, and Fortune 500 companies from closing. You could easily take someone without an education put them in an atmosphere where they are surrounded by Wall Street business and everything and they will learn and adapt. That’s what humans do.

  81. Nikki Stixx
    Nikki Stixx
    2 ամիս առաջ

    People who have a degree and think they are “smarter” than someone without a degree proves exactly why their college education DOESN’T make them any smarter lol..... just because you know everything about working on WallStreet, doesn’t mean you are more intelligent than someone who works at a clothing store or something. Everybody knows more about certain subjects than others. Degrees are simply a tool that is used when you are trying to make a career. It’s means absolutely nothing. I have a college degree and I’ll guarantee that I’m smarter than this guy in certain ways and he’s smarter than me in certain areas.

    1. Nikki Stixx
      Nikki Stixx
      2 ամիս առաջ

      @Hunterchuck I agree with you. I was referring to what the guy talking to Joe said. His “ smart people” example was a ridiculous thing to say and even Joe didn’t think it was such a good idea to use as his example to explain his “point”....

    2. Hunterchuck
      Hunterchuck
      2 ամիս առաջ

      I'm pretty sure nobody goes to college to get a degree to become "Smarter". People go to college to get a degree because a lot of jobs that pay decently require college education. This is a ridiculous thing to rant about anyways because what is "Smart" anyways? There is too much information in this world for any single individual to obtain and retain. The most we can do is specialize in a specific field of expertise and focus on that for our short lives.

  82. Nikki Stixx
    Nikki Stixx
    2 ամիս առաջ

    If someone has a degree that doesn’t mean they are smarter than someone who doesn’t have a degree. I can say from people who I know that have degrees, they have ZERO common sense, or actual real life intelligence. They are book smart, told what to learn and someone who is out there in the world and in society everyday working, and surviving without a higher education can often times be way “smarter” than having a college degree. That was a terrible example.

  83. koen klinkhamer
    koen klinkhamer
    2 ամիս առաջ

    Perfect example of what is wrong with society. One cannot survive without the other. The world needs entrepeneurs, but they could not survive without scientist. We all need eachother and we all have different qualities but we need it all for it to function. Without darkness there can be no light. Respect and accept that we have different opinions and learn from it. Divide and conquer is the oldest war strategy that exist. Joe is a very knowledgeable guy.

  84. Carlo A. Vitulo
    Carlo A. Vitulo
    2 ամիս առաջ

    My good this is guy is very narrow minded.

  85. Cole
    Cole
    2 ամիս առաջ

    Socialism is resentment.

  86. Jake
    Jake
    2 ամիս առաջ

    Joe turns this guys a**hole inside out when he starts saying meat is the cause of heart disease, hilarious. This guy doesn't even know what a scientific theory is, thinks its a hypothesis pulled out of someones a**.

  87. goatsucker von sasquatch
    goatsucker von sasquatch
    2 ամիս առաջ

    The United States is a country that mixes capitalism and socialism why can't anyone own this

    1. ‎
      2 ամիս առաջ

      what

  88. New Ona
    New Ona
    2 ամիս առաջ

    Joe is such a loser. Literally moved to Texas to not pay taxes yet he’s the socialist moral code.

  89. Jake
    Jake
    2 ամիս առաջ

    god im so tired of hearing these political conversations.

  90. Duke Cally
    Duke Cally
    2 ամիս առաջ

    Whether capitalism or socialism the environment will still be impacted what difference does it make what label it has. Socialism would actually be worse because government has full control with absolutely no one to stop them. It’s simple af. Socialism does not work. These rich kids who feel so guilty need to appreciate they’re lives instead of being rediculous

  91. Duke Cally
    Duke Cally
    2 ամիս առաջ

    Whoever thinks socialism works is out of they’re brainwashed minds

  92. issaciams
    issaciams
    2 ամիս առաջ

    This guy sucks. Does he not realize how many social programs we have already? So democratic socialism can work by just expanding the programs we already have.

  93. Jesse Carrillo
    Jesse Carrillo
    2 ամիս առաջ

    Jesus is King

  94. Fiona Baker
    Fiona Baker
    2 ամիս առաջ

    ... the Soviet Union was communist not socialist. Communism and socialism are not the same thing. Many European countries (France, Germany, Sweden, Holland, etc) are socialist and they’re doing very well and aren’t anti business.

    1. Hunterchuck
      Hunterchuck
      2 ամիս առաջ

      Communism is not a command economy like the USSR, they are not the same thing. The European nations are not Socialist either. They are Capitalist. Socialism: Means of production being controlled by the workers (Worker cooperatives) Capitalism: Means of production being controlled by a private interest group (CEO and/or Board of Directors) Socialism is workplace democracy and Capitalism is workplace totalitarianism.

  95. Cesar Perez
    Cesar Perez
    2 ամիս առաջ

    His argument doesnt hold up to scrutiny

  96. Andrew Piccuilla
    Andrew Piccuilla
    2 ամիս առաջ

    This guy is so full of crap of course he is going to defend a sysrem that worked for him

  97. Creative Picture
    Creative Picture
    2 ամիս առաջ

    If Capitalism makes you greedy, Socialism will make you numb. -Michael Belay.

    1. Hunterchuck
      Hunterchuck
      2 ամիս առաջ

      Stupid remark by that guy but ok, and which sounds less harmful in that context? 🤦‍♂️

  98. Houssam Nekkaa
    Houssam Nekkaa
    2 ամիս առաջ

    The 2008 bailout was socialism At it's most extreme

  99. Tocket03
    Tocket03
    2 ամիս առաջ

    "intellectuals are the enemy of capitalism". So people who can critically think dislike capitalism. Huh, wonder why?

  100. TheBucketSkill
    TheBucketSkill
    3 ամիս առաջ

    The USSR is the perfect example, i'm glad he used it as one. It is literally the most successful socialist country ever.

    1. Hunterchuck
      Hunterchuck
      3 ամիս առաջ

      The USSR was not socialist. There is a difference between a command economy and Socialism.