I especially like the part where she talks about computers, making herself out to seem rather ignorant about that which she means to use as an example.
Great video, but I don't know who told you this is capitalism. See the part where the fat cat is shaking hands with the politician? Yeah, that's not a free market.
Is that the dumb chick who thought the only difference between an old and new computer is the CPU? I don't know because this computer doesn't have flash...
Yes. She basically said that the CPU is the only notable component that is constantly being upgraded, and that to replace it you have to basically trash your old computer and buy a whole new one. There's really nothing accurate about her assertion in this case.
Yeah, I fail to see how socialism/communism/whatever would fix this. This video isn't really about problems with how our capitalistic economy is structured, it's about problems with societal and corporate waste, and the "big man" stepping on the "little man", and monopolies, and big oil, and corporate fat cats, and all the other cliche terms and labels out there. Xbox 360 = epitome of planned obsolescence.
Wow look, more sheep ganging up on the scapegoat. Never mind that this culture of consumerism in the US is brought on by an artificial credit market and a government that actually discourages savings.
Capitalism =/= free market. Capitalism is simply a market that has been, through state intervention, artificially slanted in favor of...*derp derp* capital! True free market principles would lead to something akin to what syndicalists and libertarian socialists/marxists propose. Massive concentrations of wealth are only possible through state intervention.
Yeah you're right. Nothing epitomizes free-market principles like a government monopoly on every business.
Socialism = opposition to concentrations of wealth, and therefore, ideally, should also oppose any form of government. State socialism is a contradiction.
Here's an article debunking the video in the OP that gets posted here every so often: The Story of Stuff - Sterling T. Terrell - Mises Daily
Most of the alarmism surrounding 'limited resources' and tragedy of the commons has been debunked. For example, all the hysteria about 'peak oil' has been summarily disproven. Many of the resources we consume are able to regenerate faster than we consume them. Only a small fraction of arable land is actually used for farmland, and currently the US is entirely self-sufficient on it's farmland to feed it's populace. Most of this shit is just alarmism to get you to buy into some stupid narrative that capitalism is evil, etc.
Not to mention that we are starting to find alternatives sources for various things. The legalization of hemp would go a long way towards ending deforestation since hemp is a totally renewable fiber source which could replace trees for making paper. But not just trees -- it has like 3,000 different applications. As food prices climb higher and as farm land loses productivity (due to poor farming practices) we are going to see a shift from large scale open air farming to large scale indoor hydroponic gardening. City farms are the wave of the future and high food prices will cause investors to put money into those projects.