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Capitalism vs. Socialism: Which Works Better? [Deep Dive into Public Data Analysis]

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/... Happiness Score: https://worldhappiness.report/data/ GDP per capita from the World Bank Organization: https://data.worldbank.org/indicator/... GDP per capita from the International Monetary Fund: https://www.imf.org/external/datamapp... Gini Index from World Bank Organization and CIA: https://data.worldbank.org/indicator/... https://www.cia.gov/the-world-factboo... 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 Capitalist utopia 02:00 Socialist utopia 02:52 Their similarities 03:42 Economic freedom around the world 04:54 Mixed 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