Propaganda
👤 PersonAppearances Over Time
Podcast Appearances
Now, the idea of trading some sort of commerce for goods and services is as old as puka shells, is as old as when we moved from just bartering to, yeah, there is currency and the currency and I'm giving you this currency and you're going to return back to me a good and service.
Now, the idea of trading some sort of commerce for goods and services is as old as puka shells, is as old as when we moved from just bartering to, yeah, there is currency and the currency and I'm giving you this currency and you're going to return back to me a good and service.
Now, the idea of trading some sort of commerce for goods and services is as old as puka shells, is as old as when we moved from just bartering to, yeah, there is currency and the currency and I'm giving you this currency and you're going to return back to me a good and service.
The institution that we talk about that includes a supply chain where the product is being created in multiple different factories that's being cobbled together into one piece, the system that says, Each of these people that work in these factories is industrial revolution type situation that puts like if you're going to take a pencil, the eraser tip is made somewhere else.
The institution that we talk about that includes a supply chain where the product is being created in multiple different factories that's being cobbled together into one piece, the system that says, Each of these people that work in these factories is industrial revolution type situation that puts like if you're going to take a pencil, the eraser tip is made somewhere else.
The institution that we talk about that includes a supply chain where the product is being created in multiple different factories that's being cobbled together into one piece, the system that says, Each of these people that work in these factories is industrial revolution type situation that puts like if you're going to take a pencil, the eraser tip is made somewhere else.
But that place is really only getting raw materials from another place. And those raw materials are being sent there. And then the people carrying that stuff in the trans people that transfer it in the truck is a whole other company. who brings this raw materials to this place.
But that place is really only getting raw materials from another place. And those raw materials are being sent there. And then the people carrying that stuff in the trans people that transfer it in the truck is a whole other company. who brings this raw materials to this place.
But that place is really only getting raw materials from another place. And those raw materials are being sent there. And then the people carrying that stuff in the trans people that transfer it in the truck is a whole other company. who brings this raw materials to this place.
And then that place has to buy the equipment from a whole other company to makes the equipment for you to process this thing, to make the eraser tip. But still, if you're the pencil company, you have a contract with them, with a wood company, who's got a contract with a timber company, who's got a contract with a lead company or a graphite company. You just the people that put it all together.
And then that place has to buy the equipment from a whole other company to makes the equipment for you to process this thing, to make the eraser tip. But still, if you're the pencil company, you have a contract with them, with a wood company, who's got a contract with a timber company, who's got a contract with a lead company or a graphite company. You just the people that put it all together.
And then that place has to buy the equipment from a whole other company to makes the equipment for you to process this thing, to make the eraser tip. But still, if you're the pencil company, you have a contract with them, with a wood company, who's got a contract with a timber company, who's got a contract with a lead company or a graphite company. You just the people that put it all together.
And then it's a whole other marketing team that just was hired by the brand name of the pencil to put it all in one place. And then you got to hire a Shopify, right? A 3PL. And all of these people have employees and the price of that pencil is cobbled together in the way that makes sure or supposed to make sure that everybody, every company that was involved in this all got to pay their employees.
And then it's a whole other marketing team that just was hired by the brand name of the pencil to put it all in one place. And then you got to hire a Shopify, right? A 3PL. And all of these people have employees and the price of that pencil is cobbled together in the way that makes sure or supposed to make sure that everybody, every company that was involved in this all got to pay their employees.
And then it's a whole other marketing team that just was hired by the brand name of the pencil to put it all in one place. And then you got to hire a Shopify, right? A 3PL. And all of these people have employees and the price of that pencil is cobbled together in the way that makes sure or supposed to make sure that everybody, every company that was involved in this all got to pay their employees.
Bring that all together, get it on the shelf, and then they charge you $1.99 per pencil. Now, if you're making 1 million pencils, it may not have cost you the company. They selling it for $1.99. It cost the company, I don't know, hopefully, if they're doing it right, two cents. So the cost of the pencil, you hear all them companies all had to make their money.
Bring that all together, get it on the shelf, and then they charge you $1.99 per pencil. Now, if you're making 1 million pencils, it may not have cost you the company. They selling it for $1.99. It cost the company, I don't know, hopefully, if they're doing it right, two cents. So the cost of the pencil, you hear all them companies all had to make their money.
Bring that all together, get it on the shelf, and then they charge you $1.99 per pencil. Now, if you're making 1 million pencils, it may not have cost you the company. They selling it for $1.99. It cost the company, I don't know, hopefully, if they're doing it right, two cents. So the cost of the pencil, you hear all them companies all had to make their money.
But if you make enough of them, you can lower the cost that it takes to make the pencil so that when it gets to the consumer, you're only paying $2. And that $2, you know, multiplied by 100,000 consumers is supposed to be able to make sure that everybody's happy and And everybody wins. Now, the capitalism that we exist in is to say, okay, best product at the best price wins.
But if you make enough of them, you can lower the cost that it takes to make the pencil so that when it gets to the consumer, you're only paying $2. And that $2, you know, multiplied by 100,000 consumers is supposed to be able to make sure that everybody's happy and And everybody wins. Now, the capitalism that we exist in is to say, okay, best product at the best price wins.