Capitalism vs Socialism: Which System Really Works?

Capitalism and socialism both aim to improve living conditions and society as a whole, but they differ significantly in how they seek to achieve this. In this video, we’ll break down the theories behind each system and examine real-world data to uncover which approach delivers the best results in terms of wealth creation, happiness, and equality.

RAW DATA

Economic Freedom:
https://www.heritage.org/index/pages/all-country-scores

Happiness Score:
https://worldhappiness.report/data/

GDP per capita from the World Bank Organization: https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD

GDP per capita from the International Monetary Fund: https://www.imf.org/external/datamapper/PPPPC@WEO/WEOWORLD

Gini Index from World Bank Organization and CIA:
https://data.worldbank.org/indicator/SI.POV.GINI?end=2023&start=2000&view=chart
https://www.cia.gov/the-world-factbook/field/gini-index-coefficient-distribution-of-family-income/country-comparison/

1,000 THANKS to our patrons and members who made this video possible: 🙏
Adam Berry, Alfred Holzheu, Angela Flores, ArkiTechy, azad bel, Badrah, Bradley Klimovitch, Carmina Marinca, Cedric.Wang, Christoph Becker, Constanza, Cory McAbee, Delandric Webb, Digital INnov8ors, Dr. Matthias Müller-Mellin, Duane Bemister, Elias Reuss, Eva Marie Koblin, F J V Souza Fh, genieb60, George TY, Gerardo Enrique Nieto, Granson, Heart of Texas Play Therapy, LLC, Hugo Palma, Izzy, Jeffrey Cassianna, Jim Pilgrim, Jing Wu, Joanne Doyle, Jose Manuel Rodrigues, jun omar ebdane, Karen Byrne, Kevin Deasy, Kristina Potočnik, Leonel, Liam Dalling, Linda Kinkead, Linus Linderoth, Lorena, Lucia Simone Winston, M. Allen, Marcel, Markus Fischbacher, Marwa Atteya, Mathias Hemetsberger, Meo Chan, Mezes.Macko, Michael Paradis, Naftali Rabinovich, Nixie, Oweeda Newton, Pantea Fard, Rafael Tobar (SRAT), Raymond Fujioka, sameerr M, scripz, Sigrid, Solongo Ganbat, Stefan Gros, Taka Kondo, Takashi HIROSE, Tammy Frazier, Thomas Aschan, Tracey, Veronica Powell, PhD, Warren Huang, Yassine Hamza, Yvonne Clapham, 헤롱 헤롱 and all the others.Thank you! To join them visit www.patreon.com/sprouts

COLLABORATORS
Script: Jonas Koblin and Ludovico Saint Amour di Chanaz, PhD
Cartoon artist: Pascal Gaggelli
Infographics: Victor Muñoz
Producer: Selina Bador
Voice artist: Matt Abbott
Coloring: Nalin
Editing: Peera Lertsukittipongsa
Sound Design: Miguel Ojeda
Publishing: Vijyada Songrienchai

SOUNDTRACKS
Badly Behaved - Shaun Frearson
Animated World - Crescent Music
Toys Are Alive - Studio Le Bus

On http://sproutsschools.com, you will also find:
- Links to all our sources
- Ideas for a classroom projects for each video
- The full script, core graphics and additional resources
- The video without background music (good for divergent minds)

CHAPTER
00:00 Capitalism
00:34 Socialism
01:09 Capitalism utopia
02:00 Socialism utopia
02:52 Their similarities
03:42 Economic freedom around the world
04:54 Mixed market economies
05:51 GDP per capita
06:47 Happiness around the world
07:49 Inequality around the world
08:40 Which one do you prefer?
09:09 Unschooler’s dictionary promo
09:40 Ending
09:59 Patrons credits

#politics #economics #capitalism #socialism #republican #democrat