WEBVTT 00:00:05.723 --> 00:00:08.532 Have you even wondered why seems like 00:00:08.532 --> 00:00:13.862 no matter how much civilization progresses you may never seen poverty 00:00:13.862 --> 00:00:17.355 there is a reason, and it is probably uncounted 00:00:17.355 --> 00:00:20.324 many of the greatest minds in history may not even existed 00:00:20.324 --> 00:00:23.636 but it were malfunctionally faded from public illness 00:00:25.102 --> 00:00:27.535 we can imagine we are all in a small planet 00:00:27.535 --> 00:00:29.869 the guy in green represents the average workers 00:00:29.869 --> 00:00:32.788 who were so poor they must venture for new land. 00:00:32.788 --> 00:00:34.746 Land that they did not have to pay rent, 00:00:34.761 --> 00:00:37.981 or they can have a chance to make a better life for themselves, 00:00:37.981 --> 00:00:40.831 much like the pioneers from the nineteenth century. 00:00:40.831 --> 00:00:42.665 The number that both of these guys head 00:00:42.665 --> 00:00:43.861 represents their rages. 00:00:43.861 --> 00:00:47.804 The average rage of people continuously venturing to unknown land. 00:00:47.804 --> 00:00:50.461 Note that there are some gold coins that he was shovel out 00:00:50.461 --> 00:00:53.442 showing that whatever he were working before ???? him wages 00:00:54.027 --> 00:00:56.471 if you were a farmer, his wages will be 00:00:56.471 --> 00:00:59.393 by selling trading, eating the crops he harvests, 00:00:59.393 --> 00:01:01.282 When talking about him, 00:01:01.282 --> 00:01:02.724 as if you were a single farmer, 00:01:02.724 --> 00:01:06.888 keep in mind that he represents the average of all the poor farmers. 00:01:06.904 --> 00:01:09.685 And in the top left corner of this screen 00:01:09.685 --> 00:01:12.789 we see Mr. Monopoly flying in a 00:01:12.789 --> 00:01:14.539 of the most fertile land from himself 00:01:14.539 --> 00:01:16.499 he does nothing for his land, 00:01:16.499 --> 00:01:18.933 he just falls in a sleep. 00:01:18.949 --> 00:01:21.937 Meanwhile people move in around it 00:01:21.937 --> 00:01:23.893 they wage parts from themselves 00:01:23.893 --> 00:01:26.517 but these people are not less lazy than mr. Monopoly 00:01:26.517 --> 00:01:28.852 they make productive use of their land 00:01:28.852 --> 00:01:32.919 some of farmers, some ???, some doctors, some lawyers 00:01:32.919 --> 00:01:35.122 so on and so forth. 00:01:35.122 --> 00:01:37.739 Their land were inproved thru the activity 00:01:37.739 --> 00:01:41.079 and their land becomes more desirable as result. 00:01:41.079 --> 00:01:42.925 Through the creation of a community, 00:01:42.925 --> 00:01:44.740 the demand for land increases. 00:01:44.764 --> 00:01:46.156 As people move in, 00:01:46.156 --> 00:01:49.210 but diverse skills, ??? and services beign traded, 00:01:49.210 --> 00:01:51.452 the community becomes a nicer place to live. 00:01:51.483 --> 00:01:54.104 The collaboration between the residents 00:01:54.104 --> 00:01:56.815 makes everyones labour that much more productive 00:01:56.815 --> 00:02:00.285 does everybody wants to live near the center of the growing community. 00:02:01.747 --> 00:02:04.890 All of these causes the land rise in value, 00:02:04.890 --> 00:02:06.607 and this increases rent. 00:02:06.607 --> 00:02:11.335 Does the poor farmer who is barely able to ??? in his family 00:02:11.335 --> 00:02:12.800 before than the increase in rent. 00:02:12.800 --> 00:02:15.455 It is now pushed into further away from the community, 00:02:15.455 --> 00:02:17.774 and becomes even poor than before. 00:02:19.067 --> 00:02:20.934 The increased land values represent 00:02:20.934 --> 00:02:25.045 a monopoly lands by the money that flies over his land. 00:02:25.045 --> 00:02:28.193 He still has yet make yet one single improvement 00:02:28.193 --> 00:02:31.973 in fact, whatever one else were working harder on building bigger and better structures, 00:02:31.973 --> 00:02:34.918 mr. Monopoly has beeing sleeping it his whole time. 00:02:34.918 --> 00:02:37.622 He is growing richer everyday. 00:02:37.622 --> 00:02:40.875 Now, this entire part of this planet farmer above his head 00:02:40.875 --> 00:02:43.887 thet become lower and lower as he moves further away from the community 00:02:43.887 --> 00:02:48.022 and then, he farms every poor soil 00:02:48.022 --> 00:02:51.668 Now, his entire part of this soil has beign claimed ??? people. 00:02:51.668 --> 00:02:54.954 Therefore, the poor, like their farming 00:02:54.954 --> 00:02:57.951 became pioneers inside of their planet. 00:02:57.951 --> 00:03:01.425 Unfortunatelly, this side is soon enough claimed by new land owners, 00:03:01.425 --> 00:03:03.286 just like the other side was. 00:03:03.286 --> 00:03:06.090 Mr. Monopoly awakes fom his slumber, 00:03:06.090 --> 00:03:10.325 and becames one of the people who claim the land from the new side. 00:03:10.325 --> 00:03:15.010 This means there is no free land that the farmer can go to live and work, 00:03:15.018 --> 00:03:17.025 without paying rent. 00:03:17.025 --> 00:03:21.664 Does he has no other choice but to pay whatever ammount Mr. Monopoly charges. 00:03:21.664 --> 00:03:24.502 The rent that he must pay for his survival will be very high, 00:03:24.502 --> 00:03:28.029 because it depends for his survival, 00:03:28.029 --> 00:03:31.464 and he can't go nowhere else planet rent free. 00:03:31.464 --> 00:03:34.441 Therefore, every time he harvests his crops, 00:03:34.441 --> 00:03:37.522 mr. Monopoly uses his vacuum to suck must of these farmers earnings. 00:03:37.522 --> 00:03:40.353 Because the rent is so high, 00:03:40.353 --> 00:03:43.531 our farmer has very little money for himself 00:03:43.531 --> 00:03:46.912 wage ??? one ??? barely 00:03:46.912 --> 00:03:51.477 he close gets ??? and becomes more poor and unhappy. 00:03:51.477 --> 00:03:56.164 The farmer in green, who again represents all the poor farmers in this area, 00:03:56.164 --> 00:03:58.325 gets an idea, he thinks 00:03:58.325 --> 00:04:03.283 maybe if he works harder, he can keep more from himself, after this rent was paid. 00:04:03.283 --> 00:04:05.231 Look at the number above his head 00:04:05.231 --> 00:04:06.597 it reaches seven! 00:04:06.597 --> 00:04:08.447 Yet as its more people work harder 00:04:08.447 --> 00:04:12.057 Mr. Monopoly will experiment when charging extra more rent 00:04:12.057 --> 00:04:14.318 So, each extra money farmers make 00:04:14.318 --> 00:04:18.333 will be sucked up in rent by Mr. Monopoly. 00:04:18.333 --> 00:04:20.683 Even if a new farmer equipment was invented, 00:04:20.683 --> 00:04:22.798 And wages climb higher 00:04:22.798 --> 00:04:24.914 Mr. Monopoly will know this 00:04:24.914 --> 00:04:27.175 He was able to raise the rent almost immediatelly he sees the bigger harvests. 00:04:27.175 --> 00:04:30.175 The more money the farmer have, 00:04:30.175 --> 00:04:32.590 the more the rental rises. 00:04:32.590 --> 00:04:35.528 The farmers wages down to one 00:04:35.528 --> 00:04:39.757 Discouragingly, even if ???? income of the poor farmer to rise, 00:04:39.757 --> 00:04:43.341 the rent will also rise for the same reason. 00:04:43.341 --> 00:04:45.132 If our poor farmer ??? for money, 00:04:45.132 --> 00:04:46.924 Mr. Monopoly will simply demand more rent. 00:04:46.924 --> 00:04:51.629 There are no other options for surviving than paying the rent. 00:04:51.629 --> 00:04:54.975 Even when people see what is happening ??? something nice, 00:04:54.990 --> 00:04:59.166 such as community center in order to keep ??? nicer live 00:04:59.166 --> 00:05:01.750 This only causes the land values to go up 00:05:01.750 --> 00:05:04.021 and causes these rents to rise in response. 00:05:04.021 --> 00:05:06.996 Just as occured on the other side of the planet. 00:05:06.996 --> 00:05:08.647 Here is a question for you. 00:05:08.647 --> 00:05:09.580 Think about it carefully. 00:05:09.580 --> 00:05:12.206 If I owned all the land on earth 00:05:12.206 --> 00:05:14.236 and you had all the money 00:05:14.236 --> 00:05:16.120 how much do you think i would charge you 00:05:16.120 --> 00:05:17.912 for the first night's rent? 00:05:17.912 --> 00:05:20.535 Well, i'll charge as much as i could 00:05:20.535 --> 00:05:21.619 And there will be a reason why 00:05:21.619 --> 00:05:23.695 no matter of ??? civilization 00:05:23.695 --> 00:05:25.033 Always seems to be enough 00:05:25.033 --> 00:05:26.171 to erradicate poverty. 00:05:26.171 --> 00:05:28.047 But, what can we do about this? 00:05:28.047 --> 00:05:29.924 is there a remedy? 00:05:29.924 --> 00:05:31.716 Well, sure is 00:05:31.716 --> 00:05:34.569 Just collect all the money taken by land owners just like Mr. Monopoly 00:05:34.569 --> 00:05:37.091 money that is no other 00:05:37.091 --> 00:05:40.674 and use that for public revenue 00:05:40.674 --> 00:05:44.257 that means there will be more farmers rise 00:05:44.257 --> 00:05:46.049 not these kids 00:05:46.049 --> 00:05:48.979 as a bonus, ??? need for all taxes 00:05:48.979 --> 00:05:54.209 Stating ???? part two ??? more detail ??? effects of this remedy.