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.

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