Comments by "Kim O\x27Brien" (@kimobrien.) on "The Truth About Why They Don’t Teach Money in School" video.

Of course because now you have others producing value for your business.
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@Believer292 The reason investments are well taught in school is capitalism tends toward monopoly and the boom and bust cycle results in further wealth concentration not its expansion. Most American's not have $500 for an emergency proves not that they lack investment knowledge but that they have nothing to invest.
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@sidology1.0 If you want to understand economics than you need to begin reading Karl Marx. Starting with wage labor and capital. Then price value and profit. Once you gone that far your ready to take up Das Kapital. Production in modern capitalism involves setting in motion working people and tools all over the world. A computer in production travels through an estimated 100 counties before it is ready for sale.
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@eujinlee9936 That too is the ideology of the capitalist "slave" society. That by becoming an owner you escape the society of slaves. If as you say that the schooling creates slaves in a slave society than the masters also need an education to be the masters of the society. The creation of the working class by the capitalist is great step forward for humanity not a step back into slavery but a step forward. If you come out of school with nothing more than the ability to read, write and basic math that gives you access to culture that people of the past feudal societies never had. It is our class that will become the new ruling class and thereby abolish all class distinctions.
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You may be an accountant but you don't understand economics. All you understand is mathematics as used by the capitalist class because if you actually understood economics you'd have to explain how the capitalist are going to get out of the problem of the natural tendency of profits to decline. You need to explain how the profit system can escape its own demise.
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@JennaLeeEquals3 If your a workers its deducted from your check before you can spend it. If your a contractor than your income is reported on a 1099 forms to the gov't. You need to do just about everything in cash which is difficult for most people. .
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@woldenracing7370 Karl Marx is the best teacher one can find when it comes to the workings of capitalism starting with wage labor and capital and the value price and profit. Das Kapital expands on all his ideas. When Marx brought it to the publisher he said never had someone with so little published so much on the subject of money.
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@RM-lk1so Truth is not easily hidden and the young are always the first to recognize injustice.
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Capitalism not providing the opportunity promised? I guess you really don't understand economics and propaganda.
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Teaching nevertheless is an honorable profession. Its is the wage laborers who will abolish capitalism and if capitalism did not create us how would we be able to abolish it?
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@ingevankeirsbilck9601 "Children used to grow up on family farms and turned out ok." Then along came capitalism which freed the slave and the serf circumnavigated the world and created giant industries like steel oil and electricity.
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@@abigmonkeyforme He hasn't got an explanation because they don't. Has nothing to do with North Korea either. Its a problem they have no solution to. The last time they were in this big an economic crisis was the great depression. The only way they were able to get out of that was to go to war and destroy most of the industrial capacity of the world and restart priitive accumulation. Now that the world has be rebuilt and industrialized they back into the same problems they had before WW1 and WW2. A crisis of overproduction. A crisis where they have too much capacity for production and not enough buyers. This why they are crying about China and talking about launching a new cold war to contain China and Russia despite their decision to adopt capitalism. They took the place of the British Empire and are in decline because of the natural tendency of profits to decline. .
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The natural way capitalism works is to concentrate wealth into the hands of a ruling class. The wage worker is paid to reproduce his labor power. While his labor power produces more wealth than he is paid to reproduce his labor power. The natural workings of capitalism have seen it take over the world and now enter into a period of decline as the ruling classes seek to defend their profit system which itself has entered into decline due to the natural tendency of the rate of industrial profits to decline. To try and fool the world and themselves the capitalist replaced a gold based monetary system with fiat currency.
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So have the "escaped" the dreaded "uncouth" and "deplorable" working class Hilary Clinton hated so much?
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@msparr01 So their rise in social status proves you have beat the system? They may be wise but will they survive dog eat dog capitalism?
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Each generation should be able to live better than the past because of the accumulation of a surplus of production not the enslavement of others. Slavery was a step forward only because it meant he development of agriculture over hunter gatherers who engaged in cannibalism when food was scarce. Better to be a slave than eaten. Becoming a renter is NOT a solution. Those Wall Street profits are unpaid wages.
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@1nsytegames42 The rules are written to defend the assets of the ruling class. The natural workings of capitalism tend towards monopoly and incumbency. The middle class is constantly being pushed into the working class while a few skyrocket into billionaires.
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So and it turns out exposure to "lucrative networks" like the rich kids at Harvard is important. Who would have guessed, "It's not what you know but who you know?"
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And now you the clear benefactor from a system you claimed to dislike!!! Just how many employees do you have working the longest hours for the lowest pay?
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And now you employ the products of the public school. Others now do the rat race for you.
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@ongoingawakening4257 Your not an entrepreneur in the same sense as Bill Gates or Steve Jobs. Capitalism in the United States long ago stopped create more independent producers rather it works in just the opposite manner. To crush and lower income and independence of the middle class to the level of the working class. Only those with a niche or special skill can escape from the natural workings of capitalism in a late capitalist society.
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In a liberal state like Massachusetts you can be home schooled and then sue the state for failure to provide an education.
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@tonispets6446 You need to understand how capitalism works and the best person to teach you is Karl Marx starting with wage labor and capital and then value price and profit. Once you done that your ready for Das Kapital.
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@sherisse10 You may not realize it but you statement proves homeschooling during lock down to be a colossal failure despite you own experience being extremely positive. If homeschooling was a true solution than the lockdown period should have resulted in a massive educational improvement.
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@donaldhill854 Karl Marx is the workers best teacher on the subject of money in wage labor and capital along with value price and profit. then Das Kapital.
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