The Downfall of Capitalism – Jeff Bezos Gains $24 Billion After 1 Month Lockdown | Peak Capitalism

In this clip from the Lowkey Podcast, I speak about how capitalism can be a great system, but also has major downfalls. For example, banks privatize the gains and socialize the losses!!!! Maybe we shouldn't hate the people at the top, but rather the system. Don't hate the playa, hate the game.
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This video articulates the gist of the following: The downfall of capitalism is in full effect. Especially congress members President Donald Trump, President of the Senate Mike Pence, President pro tempore Chuck Grassley, Senate Majority Leader Mitch McConnell, Speaker of the House Nancy Pelosi, and even runner ups like Joe Biden. Will our dollar value reach zero? Will capitalism fail in the end? People like Jeff Bezos and Amazon or Bill Gates and Microsoft get so many tax breaks, Amazon and Jeff Bezos pay no taxes! The rich get richer, the poor get poorer. Any Jeff Bezos interview or Bill Gates interview show that you shouldn't hate the player, but hate the game (which is capitalism). What is capitalism? Capitalism is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. People often use the terms free enterprise, free market, or capitalism to describe the economic system of the United States. A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition. Though capitalism seems like just plain common-sense nowadays, it is a theory of human society with a distinctive history and set of assumptions. Patrick Bet-David from Valuetainment is a great spokesperson to explain the pros and cons. A correlational video from CNBC which is about Bill Gates, Charlie Munger, Warren Buffett on the socialism versus capitalism debate really shows the possibilities of capitalism. In that video, Bill Gates, Charlie Munger and Warren Buffett sit down with CNBC's Becky Quick to give their opinion on the debate between capitalism and socialism. President Donald Trump is always making breaking news and headlines because he is always bailing out his own companies, while giving chump change to the lower class citizens of the United States. Today is the best time to become an entrepreneur, but also the worst time to be an entrepreneur. Money shouldnt only be made morally, it should be spent morally on the truly noble and beautiful things human needs.Karl Marx advocated for communism, but wrote a lot on capitalism more than anyone, there is no way you talk about capitalism without mentioning Karl Marx. Is socialism a better system? Are we currently in a socialist capitalist democracy? Should we be conservative or progressive? Banks privatize the gains and socialize the losses!!!! Banks were forced through regulations to lower their lending standards. Should we be awarded universal basic income (UBI) like Andrew yang says? Universal Basic Income (UBI) is gaining momentum through the world as an alternative to welfare. You can argue that the stimulus check that was given by the US treasury and President Donald Trump is a form of universal basic income (UBI). Universal Basic Income basically creates a ceiling it creates a floor. If we do get awarded Universal Basic Income that will make breaking news, but president Donald Trump must pass the law first. Yes we are witnessing the downfall of capitalism. Yes we are witnessing peak capitalism. And yes Jeff Bezos is a billionaire near trillionaire! Late stage capitalism is a popular phrase that targets the inequities of modern-day capitalism. It describes the hypocrisy and absurdities of capitalism as it digs its own grave. Reddit describes it as "the horrible things capitalism forces people to do to survive." #Capitalism #DownfallOfCapitalism #JeffBezos #BillGates #UniversalBasicIncome #UBI #PeakCapitalism #Millionare #Billionare #Wealthy #LowerClass #UpperClass #ElonMusk