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Video title:

Falling Rate Of Profit/"Late Stage Capitalism" DEBUNKED (Collab w/Esoteric Entity)

Upload date:

October 10 2017

Uploaded by:

My_2_Cents

Video description:

I'm joined by my friend Esoteric Entity in this video. Tovarishch Endymion thinks that Marx proved that profits inevitably fall and therefore Capitalism was doomed from the start. However, market economies still thrive while socialist visions like the USSR have collapsed. Was Marx right? Even if he was, he certainly didn't prove that Capitalism is doomed or that Socialism is superior. Subscribe to Esoteric Entity: https://www.youtube.com/channel/UCd4qlr7fHZxUsN2LJK8DLCw Original Video: https://www.youtube.com/watch?v=Sk1jorh5wh0 Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for -fair use- for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. HARASSMENT NOTICE It is not my intention to cause the original video creator to receive any kind of harassment or abuse. While I do use sarcasm and satire, my intention is to provide a counter argument to claims they have made. While I have no control over the feedback you choose to provide, I ask that you avoid any forms of harassment or abuse. To become a patron and help me keep producing more, better quality videos: https://www.patreon.com/my_2_cents Patreon Rewards: https://www.youtube.com/watch?v=5rOp07TPLL4 "Social Justice Warrior" Preview: https://youtu.be/r9F2L-1BEmQ If you'd like to make a one time donation through PayPal: https://www.paypal.me/My2CentsVideos Start your own Minds account: /redirect?q=https%3A%2F%2Fwww.minds.com%2Fregister%3Breferrer%3DMy2Centz&redir_token=lthmBt8N18YHGGZbq2QBt8EWe2h8MTUwOTQwNDUwOUAxNTA5MzE4MTA5&v=yWmhPR60ftQ&event=video_description Academic Sources: Cockshott, P. (2013). Is the Theory of a Falling Rate of Profit Valid? World Review of Political Economy, 4(3), 323-340. Sowell, T. (2014). Basic Economics. New York: Basic Books. How Government Regulations Made Healthcare So Expensive. (2017, May 09). Mises Institute. Retrieved from /redirect?q=https%3A%2F%2Fmises.org%2Fblog%2Fhow-government-regulations-made-healthcare-so-expensive&redir_token=lthmBt8N18YHGGZbq2QBt8EWe2h8MTUwOTQwNDUwOUAxNTA5MzE4MTA5&v=yWmhPR60ftQ&event=video_description To follow me elsewhere: Twitter: https://twitter.com/_My2_Cents_ Minds: https://www.minds.com/My2Centz Vid.Me: https://vid.me/My_2_Cents WordPress: https://my2centsvideos.com iTunes: /redirect?q=https%3A%2F%2Fitunes.apple.com%2Fus%2Fpodcast%2Fmy-2-cents%2Fid1300365679%3Fmt%3D2&redir_token=lthmBt8N18YHGGZbq2QBt8EWe2h8MTUwOTQwNDUwOUAxNTA5MzE4MTA5&v=yWmhPR60ftQ&event=video_description

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