Comments by "Aaron Okeanos" (@AaronOkeanos) on "Our Economy Is Rigged u0026 YOU Are Paying The Price" video.

  1. This is the ultimate goal of pure capitalism owning all and everything to corner the market and squeeze as much as you can. And the less regulations limiting what you can do then the better.
    7
  2. Regarding Rent - In the 70ties the rent was roughly 5% of your monthy income at average. How much is it these days? 50-70%. It's unsustainable. And at the same time housing has become unaffordable. It's a downward spiral for society which is unsustainable. Society will choke itself with this.
    5
  3. I think about all these topics for over a decade. The wisdom I ended up with is: "The more you share the more you be plentiful." I know it looks harmless ... and rather simple ... and maybe even taken from a TV series ... but it's still true. Although it's counter-intuitive and I laughted about it probably like you right now and pushed it aside as naive. Well keep it in your head ... I'm sure one day you will come back to it when you realize the wisdom.
    2
  4.  @aprescoup  Regulation = Rules, Limits exactly this thing they not want to ensure it's not unfair and predatory greedy.
    1
  5. "You can only have more if others have less." ... please please let's have debate about that, because this is one of the core misconcepts in American economy and it's used to justify another concept they not want to talk about called "Keep them Poor." If you are interested keep reading otherwise thanks for reading this far. Let's simplify this a little. Let's imagine all of the wealth available would be a cake. In this analogy it's a question of how large your piece of the cake is and how to make the one of others smaller. Eventually the piece of the others is so small that you cannot make it smaller so you start looking for new cake and conquer neighbouring countries to take their cake. Humans done that for 12,000 years. Stealing cake from your neighbours and try to make your piece larger. Result: Crusades, Wars, Deaths, Poverty, Epidemics ... for centuries. Than we did reach the 20th century and things changed. Humans began to debate on how to cut the cake. Capitalism, Communism, Socialism, Marxism, etc. but all of these models basically worked on the same assumption: How can you make your piece larger and who gets what. And who is allowed to hold the knife. But something else happened at the same time. The cake got larger over time. If it were otherwise we would still live in caves and fight over how much meat you get. Human developments. Technological developments and more humans. Agriculture, Animal Husbandry, Medicin, Fertilizer, etc. The cake got larger and larger over time and everyone got a little more and the overall living standard got better. Although the stuff above still happened and once in a while ruined everything. Some clever people saw this debakle in the 20th century and before and thought: Well the world is divided up now, no empty spots. We cannot continue with the "make cake larger by conquering your neighbour strategy" or "try to make your neighbours piece smaller". And did come up with a new solution called "Egoistic Altruism" in short - make the cake bigger faster and make more cake. And the EU build on the ruins of two world wars looked for something to prevent a 3rd and picked up "Egoistic Altruism" as their core principle: Stop with taking someone elses cake and instead just make the cake larger ... and more cakes. This is why the EU seen an unprecedented growth in 60 years to the largest and richest market on the planet ... without trying to take someone elses cake. The goal of the EU is to avoid conflict by economical interdependency and by growing the own market with regional development = Making the the cake larger for everyone a little more. And it works and it's the only sustainable model without relying on military and conquest. I know it was long. But I think this is very important especially if I look at Putin trying to do the old thing with taking someone elses cakes again ... same as China who wants to take Taiwans cake. Unfortunatly America still not have learned this lesson and uses very eloborate ways to still steal other peoples cake instead of trying the make the cake bigger! Please pick up some lessons from the EU it's the only way to coexist peacefully AND grow. Thanks for reading. EDIT: There is also a fantastic short 10 min video about the concept of "Egoistic Altruism" from "Kurzgesagt" I highly recommend ... if you don't mind the animated format.
    1
  6.  @rickb3650  I never said the cake is endless. But it's probably better instead of stealing your neighbours cake to try to make the cake for all as big as the planet allows. And who knows ... being so advanced at this point that we can start exploiting the solarsystem to find more cake.
    1
  7.  @rickb3650  Cool down and take your pills. And stop being so pessimistic not all is bad.
    1