The Simple Question Socialism Couldn't Answer [25:44]

YouTube ^ | August 7, 2026 | Maxinomics

[SunkenCiv]

Earth is 71% water, 29% land, and only a fraction of it is useful. Scarcity—and who owns what—drives every economic system humans have ever built. 

From Karl Marx writing Das Kapital in deep poverty to the 28-year natural experiment inside divided Berlin, we trace how socialism evolved from a radical economic theory into a system governing a third of the planet—and why central planning keeps running into the exact same problem. 

The Simple Question Socialism Couldn't Answer | 25:44 
Maxinomics | 596K subscribers | 890,206 views | August 7, 2026

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TOPICS: Business/Economy; Government; History
KEYWORDS: dsa; liberaltruth; maxinomics; nlz; socialism

[SunkenCiv]

*CHAPTERS* 
00:00 The Finite Land Problem 
01:10 From Feudal Lords to the Industrial Revolution 
04:11 The Enclosures & Factory Town Realities 
06:15 Karl Marx, Friedrich Engels, and Capital 
08:47 The Profit Debate: Reward vs. Exploitation 
09:36 How Prices Work: Bottom-Up vs. Top-Down 
11:33 The Berlin Natural Experiment: West vs. East 
16:25 Inside Soviet Central Planning: Politburo to Grocery Shelves 
19:45 The Trabant, Life Expectancy, and Economic Signals 
20:49 Are Nordic Countries Actually Socialist? 
21:51 Absolute Power: The Incentive Traps of Centralization

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YouTube transcript reformatted at textformatter.ai *may* follow.

[SunkenCiv]

The only agenda of socialists is the pursuit of unfettered power.

[Kriggerel]

but... but... but...

” ‘Real’ Communism has never been tried yet! How can everyone keep criticising it if they’ve never actually TRIED the genuine version?!” blah blah blah...

That’s been the go-to argument for well over a century now, and it never seems to wear out.

[Adder]

“Real” communism HAS been tried, usually in small settings such as Plymouth and Jamestown, the Oneida Community, hippie communes filled with folks who studied Marx and wanted it to work, KNEW it would work yet still failed and large countries like Russia and China where it was quickly realized that you had to enforce the wonders of communism with guns, prisons and death for non-believers.

So yeah...it fails every single time.

[sauropod]

Bkmk

[Cletus.D.Yokel]

Don’t leave out the Israeli kibbutz.