https://tankie.tube/videos/watch/1dee1498-cc7e-4c29-a3ae-b59336e76498 Grab Atlas VPN for just $1.83/mo + 3 months extra before the BIG DEAL deal expires: https://get.atlasvpn.com/Hakim Support me on Patreon: https://www.patreon.com/ComradeHakim Twitter: @YaBoiHakim A more polished version of a much older video, with proper sourcing in the video itself. Trying to up the quality of the channel overall. 00:00 Introduction, Definitions 01:48 Poverty and Their Reasons 02:28 Classic Comparison, USSR 05:01 Modern Comparison, China 05:25 Other Examples 07:32 Social/Political/Diplomatic Influence 08:12 Ceasing to exist? 08:42 Human toll 10:00 Failure? 12:19 Capitalism and its Logical Conclusions, Final Thoughts Socialism always fails, apparently. That's why the US spent billions year after year trying to destabilize it. That's honestly the only argument you need. Note: The wage-labour definition is so-so, my editor picked it and there wasn't enough time to change it. Regardless it works for now. Sources: https://www.researchgate.net/publication/328641434_Measuring_extractive_institutions_colonial_trade_and_price_gaps_in_French_Africa https://www.ohchr.org/sites/default/files/documents/issues/ucm/cfis/secondary-sanctions/2022-09-14/submission-secondary-sanctions-HRC-51-our-vietnam.pdf https://www.sciencedirect.com/science/article/pii/S095937802200005X https://web.archive.org/web/20211206105010/https://thenextrecession.wordpress.com/2021/11/11/kornai-on-capitalism-and-socialism/ https://www.jstor.org/stable/25060589 https://www.americanforeignrelations.com/E-N/Embargoes-and-Sanctions-Cold-war-sanctions.html https://la.utexas.edu/users/hcleaver/357L/357Lsum_s4_Paarlberg_FA80.html https://www.jstor.org/stable/2118666 https://www.princeton.edu/~ota/disk3/1979/7918/791810.PDF https://www.nber.org/papers/w21397 https://www.chinausfocus.com/society-culture/why-chinese-people-support-their-government https://www.oecd.org/economy/decoupling-of-wages-from-productivity/ https://www.fool.com/the-ascent/personal-finance/articles/47-of-americans-cant-handle-a-500-emergency-without-worry/ https://educationdata.org/student-loan-debt-statistics https://www.cnbc.com/2021/07/14/full-time-minimum-wage-workers-cant-afford-rent-anywhere-in-the-us.html https://www.theguardian.com/society/2021/aug/12/housing-renter-affordable-data-map https://www.businessinsider.com/more-millennials-planning-to-rent-forever-cant-afford-housing-2019-11?r=US&IR=T https://www.npr.org/2021/03/03/973054080/potholes-grid-failures-aging-tunnels-and-bridges-nations-infrastructure-gets-a-c https://www.theguardian.com/global-development/2020/jan/22/wealth-gap-widening-for-more-than-70-per-cent-of-global-population-researchers-find https://news.un.org/en/story/2022/10/1129912 https://truthout.org/articles/us-provides-military-assistance-to-73-percent-of-world-s-dictatorships/ http://pnhp.org/news/cuba-has-better-medical-care-than-the-u-s/ https://pubmed.ncbi.nlm.nih.gov/2315760/ https://pubmed.ncbi.nlm.nih.gov/12159270/ https://www.mdpi.com/2071-1050/12/22/9373 https://www.tandfonline.com/doi/full/10.1080/02692171.2022.2112858 https://www.scientificamerican.com/article/the-world-will-likely-miss-1-5-degrees-c-why-isnt-anyone-saying-so/ https://www.eff.org/nsa-spying, https://www.brennancenter.org/our-work/analysis-opinion/how-cia-acting-outside-law-spy-americans Wed, 08 Apr 2026 18:53:58 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://tankie.tube https://tankie.tube/lazy-static/avatars/3ba3ff73-a8b6-49c9-add8-9653ef090c7f.webp https://tankie.tube/videos/watch/1dee1498-cc7e-4c29-a3ae-b59336e76498 All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.