https://tankie.tube/videos/watch/8cf3cdce-c2a9-400e-884c-f4d54d22a3fa Support me on Patreon: https://www.patreon.com/ComradeHakim Twitter: @YaBoiHakim Be sure to check out the previous video, here: https://www.youtube.com/watch?v=vk2yCePYs90 A video discussing what, why and how Socialism is better than Capitalism. Sources and recommended books in the pinned comment as always. 00:00 Introduction 00:42 What Is Socialism? 02:18 Socialism Objectively Provides a Higher Living Standard 04:19 Serving The Class Interests of The Majority 05:17 Rational Allocation and Economic Planning 08:23 Humanity Over Profit 12:12 Economic Democracy 13:56 The Elimination of Boom and Bust Cycles 14:27 Maximizing Life Quality For As Many As Possible 15:58 Conclusion Wed, 08 Apr 2026 13:28:55 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/8cf3cdce-c2a9-400e-884c-f4d54d22a3fa All rights reserved, unless otherwise specified in the terms specified at https://tankie.tube/about and potential licenses granted by each content's rightholder.