wealth while the other 90% owns the rest.

財富，而其他90%的人擁有其餘的財富。

In fact, in the last 10 years, the number of billionaires has doubled with a new billionaire

事實上，在過去的10年裡，億萬富翁的數量已經翻了一番，新的億萬富翁的數量也在增加

created every 2 days.

每2天創建一次。

In 2018 alone, the wealth of world billionaires increased by 900 billion dollars.

僅2018年，世界億萬富翁的財富就增加了9000億美元。

When you take a look at such numbers, it seems like Capitalism has created the most unfair

當你看到這樣的數字時，似乎資本主義已經創造了最不公平的。

society in human history.

人類歷史上的社會。

These giant corporations care about nothing but to make money at the expense of others

這些大公司只關心賺錢，不關心別人的利益

and the environment.

和環境。

That might be true to a certain extent but believe or not, despite all of its weaknesses,

這在一定程度上可能是真的，但不管你信不信，儘管它有種種弱點。

capitalism is the best system that we have ever had.

資本主義是我們有史以來最好的系統。

for much of human history, the entire world was living in extreme poverty.

在人類歷史的大部分時間裡，整個世界都生活在極端貧困之中。

And for thousands of years, that didn't change.

而千百年來，這一點並沒有改變。

The entire world were farmers except for the king and the people around him and that was

除了國王和他身邊的人，整個世界都是農民，那就是

the case in every other country but with the industrial revolution and the rise of capitalism

其他國家都是如此，但隨著工業革命和資本主義的興起。

that began to change.

開始改變的。

And in the next couple of centuries, we have made more progress than in the last thousands

而在接下來的幾百年裡，我們取得的進步比過去幾千年的進步還要大。

of years.

年的。

In fact, According to the world bank, in 25 years from 1990 to 2015, over a billion people

事實上，根據世界銀行的數據，從1990年到2015年的25年間，有超過10億人

lifted themselves out of extreme poverty and the global poverty rate is now lower than

擺脫了極端貧困，全球貧困率現在低於

it has ever been in history.

它在歷史上曾經。

It's is one of the greatest human achievements of our time.

這是我們這個時代最偉大的人類成就之一。

And by 2030, the world is aiming to end extreme poverty for good.

而到2030年，世界的目標是徹底結束極端貧困。

And that's mostly due to capitalism.

而這主要是由於資本主義的原因。

Since the fall of the soviet union, more and more countries embraced free market and opened

自蘇聯解體後，越來越多的國家擁抱自由市場，開

themselves to the world which gave billions of people all around the world an opportunity

向世界展示自己，給全世界數十億人提供了一個機會。

to improve their lives

改善他們的生活

However, No matter how hard we try, there will always be wealth inequality as long as

但是，無論我們如何努力，只要我們的努力沒有白費，財富的不平等就會一直存在。

there is a free market because there will be competition.

有一個自由市場，因為會有競爭。

People are different, some are willing to work 40 hours a week while others 80 and some

人是不同的，有的人願意每週工作40小時，而有的人願意每週工作80小時，有的人願意

don't want to work and bing watch on Netflix.

不想工作，bing看Netflix。

Not everyone is smart enough to build a prosperous carrier.

並不是每個人都有足夠的智慧去打造一艘繁榮的航母。

Not everyone is ready to put the time and effort to become financial literature to make

並不是每個人都準備好投入時間和精力成為金融文學來做

the right investment.

正確的投資。

In fact, some people are simply careless and would easily get into debts that they will

其實，有些人根本就是粗心大意，很容易就會欠下債務，而他們將

be paying for the rest of their lives.

將支付他們的餘生。

On the other side, you might be born in a wealthy family and your path to success and

另一方面，你可能出生在一個富裕的家庭，你的成功之路和。

wealth will be much easier.

財富會輕鬆很多。

And that's why people hate capitalism.

這也是人們討厭資本主義的原因。

Freedom is great if you are disciplined, smart and wise because you will easily be ahead

如果你有紀律、聰明和智慧，自由是很好的，因為你會很容易地走在前面

of everyone else but if you are not, you probably will have a mediocre life.

的大家，但如果你不這樣做，你可能會有一個平凡的人生。

However, the only alternative option we have is socialism.

然而，我們唯一的選擇就是社會主義。

Which has proven to be a horrible idea.

事實證明，這是一個可怕的想法。

I mean, it sounds great and noble, that's probably why so many people find it appealing,

我的意思是，這聽起來很偉大，很高尚，這可能就是為什麼這麼多人覺得它很吸引人。

but in practice, it has always been a disaster.

但在實踐中，卻一直是個災難。

Whenever the government intervenes in the economy and tries to distribute the wealth

每當政府幹預經濟並試圖分配財富的時候。

fairly, it ends up hurting the very people it intends to help.

公平地，它最終會傷害到它打算幫助的人。

Even in the most Capitalistic country in the world, the united states.

即使在世界上最資本主義的國家，美國。

Once upon a time, education was very affordable in the United States.

曾幾何時，美國的教育是非常實惠的。

However, the government wanted to help more people to get educated so that they can get

然而，政府希望幫助更多的人接受教育，使他們能夠獲得。

a better job and have a prosperous life.

更好的工作，擁有富裕的生活。

So it started providing aid and student loans to everyone who wants to go to college.

於是，它開始為每一個想上大學的人提供資助和助學貸款。

That seems like a noble thing to do, just imagine how many people will be lifted out

這似乎是一件很高尚的事情，試想一下，會有多少人被解救出來？

of poverty, nonetheless, it ended up hurting the students and ordinary people.

的貧困，然而，它最終傷害了學生和普通人。

When colleges realized that government is helping these 18-year-old kids to pay for

當高校意識到政府正在幫助這些18歲的孩子支付

college, they started slowly raising their prices.

大學，他們開始慢慢提高價格。

In fact, they began to build fancy buildings, giant stadiums to attract more students which

事實上，他們開始建造花哨的建築，巨大的體育場館來吸引更多的學生，這

further increased tuition fees.

進一步增加學費。

But that didn't matter because the government was ready to pay for everything anyway.

但這並不重要，因為反正政府已經準備好為一切買單。

Fast forward to today, college is so expensive that most people who go to college end up

快步走到今天，大學的學費太貴了，大部分上大學的人最後都會被

becoming poorer because they will have to pay back their student debt for years to come.

變得更加貧窮，因為他們將不得不在未來幾年內償還學生債務。

Especially when you can't even default on it.

尤其是當你連默認都不能上的時候。

if you have enjoyed this video, make sure you give it a thumbs up.

如果你喜歡這個視頻，一定要給它豎起大拇指。

And if you want the next video to appear on your homepage, then subscribe and hit that

如果你想讓下一個視頻出現在你的主頁上，那就訂閱並點擊這個按鈕。

bell button.

鈴鐺按鈕。

Thanks for watching and I will see you guys in the next one.

謝謝大家的觀看，我們下期節目再見。