Socialism: Explained with Willy Wonka

hello today we’re going to be getting at
the truth of socialism me and my pal Bernie here we’re going to be looking
exactly at what socialism is what the policies entail and we’re gonna be using
Willy Wonka and the Chocolate Factory to do so so all of my chocolate loving fans
out there this one’s for you hi I’m Adam and this is jackwagon and
today we’re gonna be looking at socialism so I know last time I said
that socialism is like a pretty straightforward and easy thing to define
maybe not the case realistically going through the muck and the mire that is
socialist philosophy is actually quite an undertaking and going through all of
it is honestly making my head hurt at this current moment I mean it’s just
there’s so much to it and the problem is there’s so many different parts that are
defined and redefined but realistically there is a common definition that I
think you can kind of glean when you actually look at the arc of socialistic
theory and socialistic philosophy essentially this very simple definition
is just simply the collective ownership of the means of production distribution
and exchange now those other two sometimes they’re added on sometimes
they’re subtracted depending on socialism what kind of socialism you’re talking about
specifically in Das Kapital Karl Marx when he talks about it is just simply
the collective ownership of the means of production though he does go on to
explain the means of production that maybe incorporate some of these other
aspects so let’s break this down really quick to do that we’re going to be using
Willy Wonka in the chocolate factory and we’re gonna use that to kind of get down
to the Nitty Gritty of what exactly socialism entails so what exactly is
collective ownership collective ownership is just simply people who own
something how they own that thing and how they choose to determine what to do
with that thing is really up to them and there’s you know obviously plenty of
different ways to go about doing that which is one of the reasons why there’s
so many different kinds of socialism like democratic socialism which
basically just determines that the thing being owned is going to it’s going to be
used according to you know the democracy of the people so semuc rat ik socialism
really is not that different from other forms of socialism other than just
simply you just have a democracy determining what to do with the exact
thing owned now the means of production this is the most important part of the
whole definition the means of production in the example of Willy Wonka and the
Chocolate Factory is going to be the Chocolate Factory it’s going to be that
thing which allows them to take all of the raw ingredients and turn it into
a river of chocolate and to make the land of pure imagination so how do you
collectively own Willy Wonka’s factory well the first way that you could do it
is simply just divide the property in all of its profits to the Oompa Loompas
who are the laborers the other way you could do it is it would just be
nationally owned by all of the people who live in that nation or at least in
the city all of the peasants outside another way that you could do it is you
would have all of those people maybe partake from the profits but then you
would have a particular manager who oversees the actual factory and Divis
out the profits and also determines how the inner workings you know go from day
to day so what about the means of distribution so the means of
distribution are pretty simple basically they would just be the trucks that bring
the Wonka bars out to all the little kiddies if you remember that scene where
basically they’re loading all the trucks with the candy bars that potentially
have the golden ticket in it those are going to be the means of distribution
now arguably that could also mean the roads and there is some debate about
this and sometimes that’s something socialists will use when they say well
we already have socialism in the United States because you know we have roads it
basically depends and that’s not entirely a settled thing I don’t know I
mean I guess I’ll give that to you but whatever also included in the means of
distribution would be the store where Charlie after he finds a little bit of
money goes and buys the Wonka bar now this is debatable depending on what kind
of socialism you subscribe to but essentially the means of distribution is
any way that you get the goods from the factory itself from the means of
production and you get it to the people who are actually going to be consuming
the goods when looking at the means of exchange that could either incorporate
depending on what kind of philosophy of socialism you’re looking at it could
either be the money that Charlie finds on the ground or it could be you know
parts of the store where he’s able to actually go and trade you know for the
chocolate bar some types of socialism don’t actually include money and so
there’s different complicated methods where you would exchange goods without
that money and basically by doing so kind of remove some of the profit that
you know can be exploited from that particular exchange under the socialist
model what’s essentially going to happen is Willy Wonka is not going to invest as
time and as into the factory because he’s not
actually going to be owning it raising the capital to start a new factory to
build a new factory and bring it into production to acquire the raw materials
in the inventory that you’re going to actually be turning into valuable goods
all of that is going to have to be raised by the individual workers
themselves since they’re going to be the ones who are actually owning the factory
as opposed to some other person or shareholders who put the initial of
investment into the company to begin with now basically the problem is what
you’re gonna run into with socialism is there’s a hundred different little knobs
and dials that you can kind of turn and you know to change just slightly right
like whether or not you know money would be considered as something that’s
socially owned whether or not the stores would be socially owned but what at
least is a common factor is minimally the means of production are collectively
owned the factories and anything that basically allows the labourer to turn
their labor into goods that they can be you know exchanged for other things okay
so if we’re going to look at specific policy applications to Willy Wonka’s
factory my buddy Bernie here would basically be looking at instead of Willy
Wonka owning the factory it would be potentially the belugas who work there
or the people who live in the town or potentially even all of the residents of
the United States making it the United States of America’s chocolate factory
and that maybe doesn’t have as great of a ring to it if you’re trying to make a
kid’s movie so Bernie is not exactly made himself clear which option he
particularly is for he just generally talks about the people of the nation
Bernie does talk about Amazon a lot and because it’s a national company
assumably he wants to take the money from Amazon all the profits and actually
distribute it just across the entire nation instead of to the likes of Jeff
Bezos who founded Amazon and worked for a long time without a you know profit
from Amazon and all of the other shareholders who have bought into it and
have invested in it and allowed it to come up with capital to grow now if you
ask me that’s not a great idea but nobody did so one important note I think
on the tail end here is just essentially that sometimes when you’re arguing about
things like this one of the things that you know people might assume is that you
capitalism is just the natural state of things and I don’t necessarily think
that’s the case I also don’t think it’s the case that if you don’t have
capitalism you automatically fall under socialism essentially because socialism
largely has to be defined in respect to capitalism it has to be you know the
proletariat moving away from the capitalistic tendencies historically
really you didn’t ever have capitalism or socialism you generally had different
kinds of mixed economies where you might have a particular you know ruler or head
of state who control certain aspects of the economy whether they’re granting
certain privileges to you know cheese makers or wine makers who would be the
king’s cheese makers and the king’s wine makers or the king’s chocolate makers
basically you’re looking at these different things and and there’s going
to be certain interactions between those in charge of the country or the city
state or the tribe or what have you into the actual exchange of different people
I think compelling evidence for this is presented in Jonah Goldberg suicide of
the West which I personally think is a good book that you know you should
probably go out and read even if you don’t agree with him politically I think
he still does a good job of demonstrating that basically the idea of
you know having personal individual freedom is not really the norm and also
looking at how you know throughout time different kings and monarchs and tribal
leaders and whatever else how they tend to interfere with the economy and you
never really have just simple laissez-faire exchange between
individuals nor do you necessarily have a socialist collective ownership of the
means of production because a long time ago there was not necessarily a means of
production so to speak if say you have a foraging village you know in the plains
of Africa so basically summing everything there’s a lot of little
things here and there that you know in some philosophies are included in some
philosophies they’re left out the main aspect of socialism it’s still that
collective ownership of the means of production and whatever that means of
production is if it’s a factory or if it’s something that basically makes
somebody’s labor and raw resources into into an actual marketable good basically
that chocolate factory making that chocolate is going to be collectively
owned by people and I think if we can at least get over that
misunderstanding then we can actually get into the more interesting discussion
of whether or not we should implement socialism so if we have a chocolate
factory that chocolate factory under socialism is going to be taken from
Willy Wonka and it’s going to be given its whole ownership over to the Oompa
Loompas or to the town’s folk and those people then are going to take the
profits generated by the Chocolate Factory and they’re going to have them
for themselves anyways I think there’s a lot of different problems with socialism
specifically because you’re essentially removing any kind of sense of
responsibility from somebody who perhaps does have the actual means to build a
factory like that if you pool all the resources of the workers it’s going to
be a lot harder to come up with enough money to actually build a new factory as
opposed to if you just have one particular person who can foot the bill
and potentially take the risk of the factory going under so I hope you
enjoyed that and you know I foes accidentally informative and that’s good
maybe leave a like below if I got anything wrong or you just think I’m an
idiot then you know go ahead and leave a comment and tell me you know how stupid
I am if I did actually leave something out I am actually genuinely curious to
see what it is because there’s so many different you know little details in the
minutiae of whether something counts as the means of production or how exactly
you implement collective ownership if I did miss anything then I you know I
would be willing to see it if you thought that I wasn’t harsh on socialism
or was too harsh whatever I mean I’ll get to torching socialism and other
videos later on but I think it’s at least important just to start out to
have some common reference point while we’re talking about these things even if
you disagree what I’ve laid out here at least having this as a common reference
point to start a conversation I think might be helpful and it’ll allow us to
have a more useful conversation when talking about why we should or should
not and we shouldn’t implement socialism into our economy so next week we’re
going to be looking at different kinds of conservatism we’re going to be
looking at classical conservatism where I fall into we’re gonna be looking at
the more Reagan Thatcher conservatism that has you know largely popped up and
kind of taken over parts of the Republican Party and then in addition
we’re going to be looking at conservative populism which at the
current moment is really where a lot of the Republican
Party is with the likes of Donald Trump and Tucker Carlson so I stay tuned for
next week then oh hi I hope you enjoyed that content if
you did like it then go ahead and leave a like below if you hate me or you think
I’m stupid or I got something factually incorrect go ahead leave a comment below
I probably don’t care no I actually go through and read it if it’s substantial
anyways if you did love it though go ahead jump on the bandwagon subscribe to
Jack wagon and join our tea party today

  1. Economics, as an academic discipline, is mostly about individual decision making and how that affects the macroeconomy. Socialism, as the collectivization of the means of production, is the complete overhaul of the economic system by reworking the relationships of people to businesses and people to incentives. People act based on their incentives. If the incentives are reworked, then the people's actions will change. Socialism promotes the tragedy of the commons problem for working more than required and doing difficult or stressful work. It reduces the ability and desire to entrepreneur, innovate, and compete, all of which drives economic growth. It makes the economy into a bureaucratic structure that governs business decisions instead of allowing individuals to make precise situational decisions that maximize their own interest and promote the welfare of their business and the consumers of that business.
    It does all this to achieve some sort of equality of outcome. It destroys incentives that allow for society to grow and prosper. It will lead to the inevitable decline in the ability of the economy to keep up with consumer demands because of its inability to produce products that are demanded, like if someone wants Peach Jello, Jello won't produce it because they have no reason to it, the grocery store will have no reason to get it in other than stop the nagging. It won't stimulate the movement of workers to unemployed or needed areas by offering monetary incentives, a government entity may serve this function, but it is an added entity that will be inefficient. businesses won't respond to changes because it would be difficult and it offers no reward. The equality sought will not even be realized because of the impossibility of equalizing people with different abilities, capacities, and pursuits.
    To make it simple, socialism requires a profit-incentive for entrepreneurship, innovation, and competition.
    Any resolution to these creates an information problem because they require the government to step in and command of citizens to do some of these tasks, despite the lacking incentive. So, you require the government to direct massive amounts of people, massive amounts of businesses, and the production of those businesses. And to do these things they need the information, but this information must be gathered, worked into meaningful conclusions, and implemented, this all takes large amounts of time and the conditions that are being implemented on could change resulting in ineffective top-down policies. These resolutions create unnecessary inefficiency from making a bureaucracy where there were individual decisions. There are policymakers dedicated to making decisions for people instead of people making incentivized decisions for themselves, the policies are too broad to cover every instance so there will be people that will be adversely affected by policies that were unnecessary in a capitalist state.
    Getting around the information problem, which is impossible, leaves the fundamental flaw that because people have differing abilities, there will be unequal outcomes no matter the policy. So what is to be done if I spend my money appropriately and then get to enjoy a better life, or leave my children the money that they can live a better life, or use MY money that the state gave me that I spent frugally to launch a business to make more money? Is this banned, or will the state get my business, if so when, what if they fail where I would have succeeded? Why am I to be punished because I manage my money well? What right does the state or others have to my money, labor, sacrifices, and smart decisions?
    There are too many issues with socialism to try it. Think of the opportunity cost of trying the socialist experiment and removing incentives to grow. If it fails, then that is years, lives, and growth lost to a failed experiment that could have assisted the continued improvement of the poor's condition around the globe, bring new technologies for saving lives, and the globe's general welfare.

  2. He said, "You won't have self ownership and the government knows how to spend your money better than you do."

    Bernie is for low IQ, economically retarded college students who have been brainwashed by marxist professors. Its pretty simple yall

  3. I have spent 15 years helping desperate people escape from the socialist Armageddon in Venezuela. When I started I was a young man, now I am an old man. The nightmare never ends, the victims never end, and the horrors are beyond anything you could ever imagine. The government uses scarcity as a means of coercion and control. You don't know what you are talking about. Socialism is an express train to Hell. I hosted a mother who watched her 18 year old son die of an easily treatable medical condition. Her son was denied medical treatment because someone accused her of making a joke about Hugo Chavez in her elementary school class. You simply have no idea what you are talking about. Socialism leads to horrors without end, suffering beyond measure, and a river of blood that cheapens life to an extent that you cannot imagine.

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