Hello, this is Dr. Harriet Fraad on
Capitalism Hits Home, an interpersonal update. This is a show about the intersection of capitalism,
class, and our personal lives. Today’s podcast on Capitalism Hits Home is
about what is class? What is a class revolution? What does it mean when we talk about feudalism,
capitalism, state capitalism, socialism, and communism? These are words bandied about, but we don’t
really know what they mean, and we don’t learn about these revolutions in school. So it’s important to learn about them now. However, before I begin today’s podcast, I
want to tell you about some developments that have very important ramifications for our
personal lives. First, an update on Epstein, who I’ve covered
in previous podcasts. That’s particularly relevant because the way
Epstein and his cohort of billionaires and powerful men treated young women affects everyone’s
personal life. Epstein’s death has been declared a suicide,
which is widely accepted even though there’s ample evidence to make us question. There was a treasure trove of videos of powerful
men raping young girls that Epstein provided. These videos were blackmail opportunities
for Epstein to make money. A treasure trove of such videos was found
when the FBI invaded the locks on Epstein’s New York mansion, now worth about $100 million,
opened the safe and found all these files. What has happened to these files incriminating
billionaires and presidents? No one seems to know. How interesting. They seem to have disappeared, and there’s
radio silence on their contents. Similarly, the flight logs from the Lolita
Express, on which Trump, and Clinton, and many powerful men flew in order to land on
“slave island” and rape young women – who were drugged, and if they tried to escape,
were forcibly brought back – those flight logs have similarly disappeared. How interesting. In addition, there’s interesting facts around
Epstein’s quote “suicide.” Epstein was in the metropolitan prison system,
which is controlled by Barr, Trump’s – one of Trump’s – most enthusiastic apologists. In that facility, it is mandated by law that
there are cameras posted outside the cell of anyone who has attempted suicide, as Epstein
did. Interestingly enough, both of those cameras
outside Epstein’s cell were broken. Another rule not to be broken is that when
an inmate has tried to commit suicide, that inmate needs a fellow inmate in his cell at
all times. Somehow the head warden, under the supervision
of Barr, allowed Epstein’s cellmate to be taken out of the cell. So he was alone. The marks on Epstein’s neck, according to
the autopsy of the government, indicated suicide. According to the autopsy of Epstein’s lawyer,
the broken hyoid bone – which all autopsies agree is usually associated with strangulation,
not suicide – the marks on his neck were similar. The guards that were supposed to check on
Epstein every half an hour – one was recruited from a different job for this job, which isn’t
her job. The other was on a second part, a second shift,
and tired. How interesting is that? Those two guards are the only ones being prosecuted. How interesting. The head warden, who is responsible for this,
under the supervision of Barr, has not been penalized. He was merely transferred, with the same,
in the same position, with the same salary, to a different prison. These things are not being questioned. Across the United States, people refer to
Epstein’s suicide. How interesting. That’s certainly questionable. And so here again, in terms of capitalism
hitting home, you have wealthy, powerful men who are allowed to regard women as sexual
snacks, and rape them, and assault them – whether they’re Alan Dershowitz, famous lawyer; or
Prince Andrew, monarch’s son; or Jes Staley, president of Barclays Bank; or any of the
many others. No one is asking questions. If you don’t – money talks in this society,
and it seems to speak very loudly. And many voices here are silenced. In addition, I want to call attention to two
other developments which vastly affect personal life in America. One is that the recent mortality statistics
show that Americans are dying younger than they used to. That’s interesting, but what’s more interesting
is which Americans are dying younger. And this has been reported by The Economist
magazine as well as a study by MIT. The bottom one percent – the one percent
that earns the least – die, if they’re men, on an average of 14 years earlier than the
top one percent. The lowest percent of women die on the average
of 10 years before the highest, or the middle, of American men and women. So you have mortality depending on income. Life itself is 10 to 14 years shorter if you
don’t have money than if you have quite a bit of money. That’s certainly relevant when we look at
how capitalism hits home: who’s dead and who’s allowed to live. A third development which really affects how
capitalism hits home is the new figure that now couples live together more frequently
than they marry. We already know that the mass of 18- to 35-year-olds
don’t marry, and that the latest development among married couples is married couples without
children. But in the latest studies of cohabitation,
the reasons people give for not marrying – which certainly affects their personal lives – are
that they don’t have the security to plan for the future, and they certainly don’t have
the financial security to plan for children. Before the 1970s, people loved one another,
got together, decided to marry, to raise children, counted on the fact that they’d always get
a job and make a living. Now that’s no longer the case. Both people have to work, and if both people
are working and we have scant or no paid maternity leaves and paternity leaves, then what are
people going to do? Day care, on average – which isn’t the finest
day care, but decent day care – costs about the same cost as a community-college tuition:
about $10,000 a year. Not that many couples can afford that. And already 85 percent of America’s kids are
in substandard day care, crowded in front of televisions in wet diapers. So this is not a tenable future. So that people live together, but they don’t
marry because they don’t have the security. Now I want to launch into the topic for today. What is class? What is feudalism? capitalism? state capitalism? socialism? communism? What do these words really mean? Well, they all affect personal life because
personal life is very different in these different systems. And we have to understand that no system that’s
human is pure. There’s always variety, as there always is
amongst us. So, for example, the New Deal was in many
ways in the United States a socialist period in the United States, although it was never
declared that way. Taxes were levied on the highest incomes. The taxes were 98.6 percent on the highest
incomes. But now, the highest-income people don’t pay
their taxes. They get good tax lawyers, and put their money
offshore. Romney bragged that he paid 13 percent on
his taxes – more than his employees, of course. Trump brags that he paid no taxes at all,
and also that he’s very rich. But that was a socialistic period in the United
States, where the top incomes were taxed heavily in order to finance Social Security, Medicare,
unemployment insurance in a depression. And the reason that was agreed to is the capitalist
system had broken down. And capitalists at the top agreed with their
wealthy capitalist president, Delano Roosevelt, that in order for the capitalist system to
continue, they better be taxed to pay for these programs. Because at the time, the communist and socialist
parties organized hundreds of thousands of marchers in the streets of New York and other
cities. And the farms, had to do something about farmers,
because the Iowa militias were killing judges that condemned family farms. And there were pitched battles in the streets. And so the people at the top felt threatened
enough to be taxed. Now, they obviously don’t. So there’s always a mix of some kind, according
to the circumstances. And we have to understand that a system is
called feudal, or capitalist, or socialist, or state capitalist, or communist because
of the dominant system. Now what system is this? In order to define class we can ask three
basic questions: Who produces the goods and services in a society? Who gets to receive the fruits of those goods
and services – the profits? And who gets to decide where to distribute
those goods and services? So you can look, let’s say, at a big company
we all know about which is – well, I hope this is all over the country; I think it is
– which is McDonald’s. The workers who produce the burgers, and the
people who produce the frozen burgers they use, and the frozen french fries, are given
a salary. They’re employees, because capitalism is a
system of employers and employees. They create the profits that McDonald’s appropriates. And then the board of directors, representing
the owners of McDonald’s, decides what to do with those profits: whether to mechanize
further and therefore be able to lay off people, whether to expand their menu, whether to expand
their stores – whatever it is they want to do. The people who do the work don’t have a say. They may go on strike, as many are for $15
an hour, but they’re still – so they have an impact, but the basic decisions are made
by the employers, the board of directors of McDonald’s, in the capitalist system. In feudalism, serfs produce the wealth of
the society. Serfs created the agricultural produce and
gave a certain portion to themselves so that they could reproduce and survive – not an
elegant portion but a portion – and the rest was appropriated by the lord of the manor
to use for whatever he decided: whether it was to expand his lands by invading a neighbor,
whether it was inviting more courtiers to live at the palace, or whatever. And that system was justified by the Catholic
Church’s ideology that determined that the serfs were required by God himself to work
for the lord who appropriated their wealth. Parenthetically and interestingly, the church
itself was a huge feudal lord, owning many feudal estates. That was feudalism. So if we ask these questions: who produces
the goods and services, who appropriates the profit from them, and who makes the decisions
about what they’re used for, we can see what kind of a class society we have. I talked a little bit about feudalism, in
which the lord of the manor appropriated and distributed the wealth created by his serfs,
and that system was destroyed through history and also through the yearnings of the mass
of people for something else besides a life of serfdom. They rebelled; they yearned for better lives. The slogan in the French Revolution, which
was characteristic of the capitalist revolution that followed feudalism, was “liberté, égalité,
fraternité.” Liberty, equality among people, and brotherhood
among people. And because it was a capitalist revolution,
the society was divided between employers and employees. The employees worked to create the wealth
of the employer, who appropriated that wealth and decided how to spend the profits. Workers have no control in a capitalist system. They don’t have control over what they’re
producing, whether they get fired or not (unless they have a strong union), what they produce,
whether they get new machinery, whether they get laid off because things are automated. They don’t have control of that, and the employer
has control over that. They get a salary, a wage as employees, and
the employer or his board of directors makes the decisions. Socialism grew out of the feeling, and the
reality, that capitalism didn’t bring liberty because of financial enslavement or financial
poverty. It didn’t bring equality, because capitalist
societies are noted for their inequality. The United States now, which has the fewest
socialistic measures, has the greatest inequality of all the 30 developed countries in the world. Even though in 1970 we were the most equal,
now we’re the least equal. And so socialism is becoming more interesting
with the democratic-socialist alliances and people like Bernie Sanders and Ocasio-Cortez. State capitalism is more typical of what happened
in the Soviet Union and its satellite nations. In state capitalism, bureaucrats decide what’s
produced, how it’s produced, and how it’s appropriated and distributed. That’s also a capitalism of employers and
employees, and the bureaucrats decide how to distribute the goods, how to distribute
the money – not the people who produce the wealth. Communism is a rare system enacted in the
world. In the world today, it’s practiced in a community
called Mondragon, which is a city of about 110,000 people, all working in collectives,
communes, cooperatives. No person in that cooperative, or representing
that in their governing body, is allowed to make more than six times what the average
worker makes. Imagine what the CEOs would do if they couldn’t
make more than six times what the average workers in their corporation make – like
the McDonald’s Corporation, or at Amazon, where Jeff Bezos has $150 billion and is about
the richest man in the world. What would happen to him if he could only
get six times more than the poor pay that his workers get? At any rate, in Mondragon, the way things
are organized is that every cooperative makes decisions cooperatively. Everybody has to participate; participation
is mandatory. And they elect representatives to a larger
body that makes the bigger decisions for the wider collective. When I was visiting Mondragon, I went to see
their biggest co-op, the Fagor Industrial, which makes household appliances: refrigerators,
stoves, dishwashers. Every two hours a buzzer went off. And when I asked what that was about, they
said that the workers in this cooperative decided that any more than two hours at a
given production job was bad for the person on the job. And so they switched to a different job. They had big decisions they had to make because
Mondragon is in Spain, and during the recession there were fewer people buying second homes,
fewer household appliances were bought, and their orders were down. And in this cooperative they had to decide
what to do about it: whether some people would be fired and they would save money that way,
or they would each get less money and work five days a week, or they’d get less money
and work fewer days a week. They all decided together to get less money
but work only four days a week. But that was a joint decision of how to distribute
the income that came in. And it was a decision made by the workers,
who then appoint people, elect people, to the council that decides what to do overall:
how to invest in, whether to invest in, the universities (they have two universities there),
in technological innovation centers, in health care, and other things. So that’s really a communist society. And we have to look and see what our goals
are. If their goals are, if our goals are, equality
between people so no one has economic power over anyone else, in addition to equality
of power we need to look – because we want a society that’s fair and equal among people,
that no one has economic or social power over anyone else – we can look at societies and
different class societies in terms of whether there’s equality, whether they create kindness
between people, whether they create the well-being of most people. So we have to look at each class system and
decide from a personal, kind of homey, point of view which creates the greatest relationships
of equality, and kindness, and well-being. We have to evaluate the societies by looking
at the way people are treated in them – especially those who have the least economic and political
power, who are children, and women, and often ethnic or racial minorities. Some class revolutions and the changes they
made are things we will study. They’re all changes that, sadly enough, we
don’t learn about in school. Thank you for listening. This episode has been brought to you by Democracy
at Work. Please support our work. Visit our website at democracyatwork.info.

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66 thoughts on “Capitalism Hits Home: Capitalism, Socialism and Communism – Part 1”

  1. Show the rates of divorce . What kind of stabil relashionship do you want to have without a stable income ? Who suffer most ? Children !

  2. Capitalism is the only system of government that can work living in a multicultural, multiracial society. There is currently zero trust between white people and other races in America today for very understandable reasons from both perspectives in many ways going way back in history or in the current moment. There is no possibility whatsoever at all that everyone will be made equal. Government involvement into identity politics only increases the conflict potential. Capitalism rewards people who earn what they have legitimately. Any other system of distribution will become more ridden by tribalism, and abuse of power. Any other bringing everybody together ideas will inevitably lead to maximum conflict and potentially genocide.

  3. This is spot on, and what I have been trying to explain these things, which are extremely important to understand as it shapes the whole society, to people who are brainwashed by capitalist propaganda.

  4. I-ve lived in communism my first ten years . Never ever heard discutions at home because money, jobs were stable, people were much closer and nicer one to another . The current president said he wants to destry communism, that-s impossible, you can-t destroy it, because most of those who lived in it are telling that the system was better, overall speaking .
    I was stoped on the street and asked wich system is better ? Communism or capitalism ? Hell yes ! Communism was much better in many ways for the average people .

  5. Epstein did not kill himself he was killed to keep him quiet.. the signs are all around us if we listen and look.. he was killed to keep him quiet because of the prince Andrew in England is guilty as hell and others like him…

  6. Prince Andrew of England gave in to view the other day and said he never went to the house.. yet they are scores and scores of proof and pictures of him with women holding hands and in the house so obviously he's lying. The clintons was there also and countless other powerful man but they have the power to make you disappear like the government does..

  7. Here this may help, I use it on children to help them understand in simple terms the memtal illness that is statism.
    Communism= you take care of them the government takes the milk.
    Socialism= the government takes them and sells you the milk.
    Democracy=your neighbour decides what you do with them.
    Libertarian=it's up to you they are your cows.

  8. When people. Will acknowledge Talmudism which 1% of particular race want enslave 99% of humanity. Capitalism and colonialism clearing the path for Talmudism. Just connect the dots and be decent enough to name all evils when you identify them.

  9. When people. Will acknowledge Talmudism which 1% of particular race want enslave 99% of humanity. Capitalism and colonialism clearing the path for Talmudism. Just connect the dots and be decent enough to name all evils when you identify them.

  10. When people. Will acknowledge Talmudism which 1% of particular race want enslave 99% of humanity. Capitalism and colonialism clearing the path for Talmudism. Just connect the dots and be decent enough to name all evils when you identify them.

  11. When people. Will acknowledge Talmudism which 1% of particular race want enslave 99% of humanity. Capitalism and colonialism clearing the path for Talmudism. Just connect the dots and be decent enough to name all evils when you identify them.

  12. When people Will acknowledge Talmudism which 1% of particular race want enslave 99% of humanity. Capitalism and colonialism clearing the path for Talmudism. Just connect the dots and be decent enough to name all evils when you identify them.

  13. We've come to the point in which buying and selling people is considered immoral. How long will it take for us to consider renting people immoral too?

  14. Don't worry, "nothing will fundamentally change" & none of the elites will EVER be held to account.
    And the peasants will continue to believe their lies and blame immigrants.
    All is as the lord gawd market wills it.

  15. Harriet your awsome. But my I add That what you described in Spain is not communism but a more pure democracy When everyone has a say in the decisions. The main problems in the world is greed and corruption and almost everyone in America is Complicit. Last general election cycle as well as this one I put out a Clarion call for the presidential candidates to promise to give their presidential salary While in office to a worthy cause that they are in this fight to benefit all humanity instead of enriching themselves but as you can see none of them can say it. But oddly enough Frumpy did say it last election and guess who won.

  16. All the Debates by the notorious corrupt  DNC have been a shit show in a dumpster fire and the LA one will be no different. But yet most of the Dumbocrat candidates are clamoring to get back on the DNC stupid questions corporate media sound bit squabble show (debate).  Parade them all out and let America watch the pettiness. When the establishment puts up Roadblocks you go around them. May I suggest that Bernie and Tulsi boycott said feascio and have a shin,dig live music/rally opposit the LA Debates.  A little WOW factor creativity Jump out of the Box never hurts.  Invite all the common sense independent media. It will be fun. The people all over this world are Rising up against their authoritarian oligarch Governments. France at this very moment are mass protesting in the streets and it very well may come to this in America  If the wealthy establishment does not relent. When the people of this Earth come together as one we all can contribute no matter how small and make it better. Having several concerts, The  universal language of music for Peace, Love, Hope and  CHANGE  our "Earth in Crisis"  how unifying this would be for ALL people in every nation. Music is to the Spirit and Soul what words are to the mind. Peace and blessings to us all.   "We the people out of many one"  it's not that difficult Burnie & Tulsi VP then after 4 years Tulsi and Bernie as VP. Then they can switch  again this gives them 16 years in office to benefit all humanity. Please don't let our egos get in the way let common sense prevail. We are all Americans and every citizen of this planet Earth we call home are yearning to be free. Opportunity in the pursuit of happiness with Liberty and Justice for ALL.  For me there is only 2 choices in the primaries. Unless I can vote for the team of Bernie and Tulsi and it is made clear they will switch in 4 years,  I will be voting Representative Major Tulsi Gabbard. Aloha

     Babylon is falling!!!!   Under what circumstances and who said?  "Forbid it, Almighty God! I know not what course others may take; but as for me, give me liberty or give me death!”
    Y'all can stay shackled up but I got to be free.

  17. Firstly where you get the impression people are swallowing the narrative of "Epstein committed suicide" defies me, EVERYONE (a goodly slice) is, at minimum, cynical of the official story …..OOOOOOH, HE COMMITTED SUICIDE, CASE CLOSED, yea, too convenient! Further the story itself is patently ABSURD, and insulting too boot; from TWO "malfunctioning" CCTV camera's to TWO GUARDS BOTH "FALLING ASLEEP" to Jeffrey Epstein being deemed no longer a threat to his personal safety, being removed from "suicide watch" while having his "roommate" coincidentally being transferred the day prior …..oh and this WOMAN ARE VICTIMS BULLSHIT HAS GROWN TIRESOME AS WELL!

  18. It is sad that too few young people take the study of history seriously. The morality of the powerful has always been marginal or worse. This is true as soon as hierarchy appears in any society. It was true throughout the period of ancient empires. it was true under feudalism. It has been true under aristocracy and monarchy. it has been true under representative democracy and under state-socialism.


    Dershowitz? Sounds Jewish!
    Epstein? Sounds Jewish!!

  20. This was a good video with excellent content! However I’m very very interested in knowing why whites think they can live in a unequal racial cast system, and still maintain a democratic society with equality?? If your not extending democracy to all people in the society how can you claim to be democratic or live in democracy?? The real problem is that we have so many make believe systems we live under, where all you have to do is be white and the handouts keep coming. However the person that’s black or non white has to work harder, longer and at the worst paying jobs. Dr. Cress Welsing said that if you don’t understand white supremacy then everything in this system will confuse you. WS has effectively disabled this country from living and existing in a society that is fair and equal! Until you address that and remove white supremacy as the Operating System you will never have a just, fair and equal society!!

  21. They didn't pay their taxes back in those days either. They put their money off shore back then as well. Why are you assuming they didn't?

  22. since were gonna go extinct pretty soon we should at least torture and kill those who are responsible for the omnicide

  23. Hey Barr,s dad hired him at the prestigious private school in manhatten! Barr is a fixer! That why Trump put him in!!!

  24. Alles Bullshit, denn es stammt alles aus ein und der selben Quelle und verschleiert nur auf andere Weise die vorherrschenden Zustände. Wenn hier nicht jeder lernt das er einmal sterben wird und aus diesem Grund alles Gerede nur einem Zweck dient, braucht ihr hier nicht weiter machen und solltet das was euch eigentlich am Herzen liegen sollte, das Kinder kriegen ein stellen.

  25. I thinking these welfare cuts, are going to case major disruption! Because it's going to take it away from the low paid workers first? Which hopefully will create some pushback?

  26. Do you have the courage to discuss how Feminism"–as opposed to equal rights for women which we strongly support–has fomented misandry in wives, encouraged divorce, and ruined countless marriages that were hitherto viable, and created two generations of fatherless boys and impoverished men over the past 50 years?

    Like most rational adults, we believe that nuclear war and climate damage are the most serious existential threats to humanity. However we think there’s another existential threat to society in the US that’s never discussed: the destruction of the nuclear family.

    In the US, the divorce rate is now over 60% and over 80% of divorces are initiated by women. Despite the fact that they were loved, respected, and well treated by their husbands, many of these women simply became bored after a few years of marriage or met someone else with more money, know there’s no longer any stigma attached to divorce, distance themselves from husbands who loved them and their children, and understand that if they left their husbands the "state" would immediately become "Mr. Right" and force their husbands to provide substantial financial support. Many of these marriages were perfectly viable.

    Husbands become bored too, but still love their wives and children and wish to keep their families intact. But to these women, there was no financial or social downside to divorce, whereas men suffer huge financial and social penalties. This phenomenon has had a devastating effect on children, husbands and on the traditional family.

    We strongly believe in equal rights for women, but to assert that fathers are “unnecessary” in a family, and that men are intellectually and emotionally inferior, love less deeply, and are less ethical than women is absurd, factually untrue, insulting, and blatant misandry.

    Two generations of boys have grown up in fatherless homes with all the well documented negative consequences that entails. They’re often told that men are brutish and insensitive–including their own fathers. The problem facing society isn’t "toxic masculinity”, it’s "toxic feminism" which is much more prevalent and pervasive. Over the past 50 years it has destroyed countless millions of families and placed tens of millions of men into poverty for the rest of their lives.

    The effects of this trend on the children of fatherless households-especially boys-is hard to overstate, yet never discussed. The corporate media knows that 80% of retail purchases are made by women and won’t discuss this subject lest they alienate their advertisers. In the US women have a greater net worth than men, over 60% of university students are female, and the majority of middle managers are women. Men have been demonized, marginalized, and impoverished during the past 50 years yet this issue is never discussed let alone acknowledged.

    Considering the odds of being divorced by their wives, and under the current legal and social circumstances, a man would have to be insane to get married, and even crazier to have children knowing that at any moment they could find themselves locked out of their homes, forbidden from seeing their own children, subject to a substantial loss of income, or even imprisoned at the whim of their wives. This is a major tragedy for the children and fathers involved. Does your broadcast have the courage to address this social and economic issue?

  27. Marxists, such as Dr. Fraud and her equally fraudulent husband, claim that the only work that counts in the production of goods and services is the physical labor. In reality, it takes three factors to produce the goods and services society needs. Those are land, labor and capital (peoples savings). In reality, of those three factors of production, the capital, and the segment of labor referrred to as entrepreneurial/managerial, are FAR AND AWAY more productive than is the physical (unskilled) portion ofthe labor factor. And in a competitive (market) economy, the most productive factors earn the highest income. Dr. Fraud thinks that is unfair, but most people disagree.

  28. You have proof that President Trump raped young girls? I am more than happy to see that proof, not hearsay, but real proof.

  29. "They were allowed to treat women as sexual snacks." No, Harriet, they were not WOMEN. And that's the point here, Harriet: legally, THEY WERE CHILDREN.

  30. The amount of corporate media mind control over the population has become so effective, there is little chance of regaining control without regaining control of the news media. and of course, get money out of politics

  31. We are in our 50's and 60's and would never have married if it hadn't been for taxes. There's simply no need for formalizing our relationship without religous purpose.

  32. On the city you mentioned wiki page a "poverty expert" called the town that is owned entirely by the residents who live there "a caring form of capitalism" lmao

  33. so in other words, shitstain was a underage girl pimp for the elite classes and the guy tried to blackmail the economic and ruling and even technological elite for money, man talk about being a piece of shit and a cocky fool at the same time, ok so now what are the names on those videos?

  34. It’s not widely accepted that Epstein committed suicide. Nobody I know believes that. It’s just another media black hole.

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