TED-Ed: Is capitalism actually broken? | TED-Ed

The video explores how economies convert inputs into value and the role of capitalism, socialism, and communism. It discusses the three dials that define economic systems: ownership, government control, and market use. Historical context is provided, highlighting the need for regulation. Contemporary issues like climate change and inequality are examined, questioning if capitalism can address these challenges. The video concludes by analyzing capitalism's benefits and drawbacks, pondering if adjustments or a new system are needed.

Discuss the relationship between capitalism and rising inequality in various countries.

What are the potential consequences of a capitalist system that prioritizes profit over social responsibility?

What are the implications of having a de facto aristocracy in a capitalist society?