Probably the channel is built more for high schoolers who do not have decent life experience.
If business are exploiting workers unfairly why not everyone just start their own business. Pretty much one argument to end the debate. Why not just earn 10-100 times as the average person underservingly?
The origin of socialism welfare was to have relief for soldiers who come back from war, or for families whose men didn’t come back. That’s why we say citizens have “rights” but also “obligation”. But modern day weapons are so advanced that most country only needs a small pool of professional army. The world is largely at peace. We don’t need that kind of old social contract anymore. Any form of excessive social welfare become rights without obligations and are fundamentally unsustainable.
That’s why when socialist policies lasted for long, eventually the government went broke and a more right leaning reformist (Reagan, Thatcher) come to power.
There can be very good argument for government role in the economy. But the creator is not perceptive enough to know them. A lot of research in science and technology have more than 20 years of cycles before you can see meaningful return. Private enterprise simply are not interested in that kind of research that don’t see any return in the next 3-5 years at most. Most of the technology breakthrough are actually passed over from military research to civilian use, internet for example.
Another case is institutions and regulation. How do you know that the food you eat is safe? How do you know that your money in the bank account is not misappropriated? There are industry standards and checks in place. Without the framework there is lack of trust for any proper market functioning.
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