Comments by "" (@thehumanity0) on "Investment Bank Says Capitalism Is COLLAPSING | The Kyle Kulinski Show" video.

@mohammadzaman1225 It's all Capitalism except when there's a financial crash, then it becomes Socialism for the rich to keep their investments safe while everyone else experiences the full brunt of the financial crash.
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@buddygrimfield7954 I recently tried to explain to a buddy of mine that the pre-collapse Soviet Union was a mixed bag and not just some poverty cult where everybody ate moldy bread in the gulags, but despite their lack of consumer goods and housing issues, they had aspects such as a vibrant theater, cinema, music and arts industry (primarily due to poor artists not having to worry about monetizing their art just to survive in a capitalist system such as what happened post-collapse) & he lost his damn mind and started ranting about how communism has killed millions of people & America is sunshine and rainbows by comparison. It's like the whole country is brainwashed to believe Soviet Union and China are evil 3rd world countries where all the citizens are slaves to an oppressive system (more so than America I guess), with no redeemable qualities at all, even though one was a giant empire for a reason and the other is one of the largest economic forces in the modern world. The truth is that every major country and system has their good and bad qualities. If you just assume all communist countries are as bad as North Korea, you might as well assume all capitalist countries are as bad as Saudi Arabia or UAE - the problem is the authoritarianism in all those examples.
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@grantklaassen2162 So you're saying if you had a country which had state-run public ownership of every single industry (healthcare, natural resources, transportation, housing, education, pharmaceuticals, etc) except for say consumer goods and restaurants, that's "full capitalism"? That doesn't seem like a rational label, even if you are or not technically correct in the definitions (which I'm not sure you are). That's logically a system that's more socialist than it is Capitalist at that point if you have a much larger percentage of the economy that is run by the state.
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@grantklaassen2162 Then I suppose the Soviet Union was really just state capitalism considering their state ownership was not governed by the people but by an authoritarian ruling class - that's not going to confuse people at all. Even if your terminologies are technically accurate, I don't see this as a beneficial way to describe the nuances of these economic ideologies. Your definitions are too academic and most normal people aren't going to understand it or even believe it. Even if social democracy is just state capitalism with a social safety net and vast administrative socialist policies, I think it makes more sense to just describe it as a mixed economy as a more updated way of describing it in modern politics, the same way politicians redefined Democratic Socialism. It's not ideal to work with technically incorrect labels, but when you're working with a bunch of dumb McCarthyist Americans, it's better to ease people into this stuff with a better flow of logic, not try to convince them the Soviet Union was actually state capitalism. I take your meaning though and based on my own knowledge, you're probably correct in your explanations & definitions. It's just not an effective way of explaining it to anyone else. Americans are too closed minded to even digest 1% of what you're saying.
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@grantklaassen2162 Administrative state socialism can be expanded to cover more industries though. Can you really call a system pure Capitalism when it's healthcare, education, public utilities, mining and drilling operations, or even housing is all run by state socialist policies, while there is additionally a free market for all other consumer goods & services. I'd say that's so far away from traditional Capitalism that it deserves its own label. Some would call that advocating for capitalism while countless others in America would call it advocating for Socialism. The truth is that it's a mixed system
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