export_ofoct.com
[00:00.17] So ... Capitalism. Capitalism is the most powerful prosperity-generating force ever known.
[00:10.53] Excuse me! Yes. Uh, sorry.
[00:12.65] I think you mean the most extractive force ever known.
[00:17.44] Oh, hello. Well, it's lifted billions of people out of poverty and expanded access to food and literacy.
[00:28.86] It basically birthed our modern world.
[00:31.51] Yeah, and in the process, it's wiped out hundreds of species and decimated countless cultures, extracting resources faster than anything that came before.
[00:41.87] OK. But the market is a genius at driving innovation, giving us the freedom to buy, sell, compete and create in ways that make society better.
[00:53.56] Yeah, but how can you call it freedom when the most affordable food is diabetes-inducing junk?
[01:00.99] How can it be genius, when life-saving drugs aren't fast-tracked because they don't generate enough profit?
[01:08.16] Oh, so you want to grow the pie?
[01:12.42] Well, then the name of the game is capitalism.
[01:15.34] The game of capitalism is rigged.
[01:18.52] I mean, who cares about the size of the pie if it's so unevenly distributed?
[01:23.04] Sweetheart, size always matters.
[01:27.02] And who would you have managing our food supply or setting drug prices? Do Venezuela or North Korea develop any life-saving drugs?
[01:35.79] Sure, capitalism has its problems, but it solves them through innovation.
[01:40.31] |Yeah, yeah, I'm all for innovation.
[01:42.17] But toward what end game?
[01:44.56] I mean, there's this paradox where innovations in energy efficiency often make us use more total energy, which is a problem if that energy isn't clean.
[01:54.14] Listen, the economic system in America today isn't even true capitalism.
[01:59.45] It's a crony perversion of capitalism.
[02:01.84] But even in its imperfect form, capitalism is still humanity's greatest champion.
[02:07.68] Try not to drop your hammer on his toe or gut him with your sickle.
[02:11.40] OK.
[02:13.79] See, criticizing capitalism does not mean pushing for socialism.
[02:19.10] It means recognizing the fatal flaw of capitalism.
[02:24.42] In its pursuit of profit, it fails to account fully for its costs.
[02:30.80] We are in the midst of an existential crisis when arms races are counted as economic growth.
[02:36.64] A tree is worth more dead than alive.
[02:39.29] And people are worth more outraged and addicted than they are conscious and free.
[02:46.74] I'm not saying that capitalism itself is the goal, OK?
[02:50.73] It's simply our best strategy for achieving the goal.
[02:54.19] Oh, so then what is the goal?
[02:56.84] That is a question for society, not capitalists to answer, you oligarch!
[03:01.09] Bring it, Pinko!
[03:02.42] Whoa, whoa, whoa, fellas.
[03:06.14] What!?
[03:06.67] What!?
[03:07.73] Oh, boy, OK.
[03:12.24] What if you're both partially right?
