Political power vs economic power — do you know the difference? #theproblem #power #realitycheck

What kind of power do billionaires like Bill Gates, Jeff Bezos and Elon Musk have? And what kind of power do politicians like Donald Trump, Joe Biden and Justin Trudeau have? Do you see the difference? In this video, Mark Pellegrino explains the difference between the power to persuade (economic power) and the power to compel (political power).

00:00 The Problem of Power
00:22 There are two types of power
00:39 The power to persuade
01:25 Economic power
01:42 The power to compel
02:08 Political power
03:00 Mixed economies

'No matter how badly Steve Jobs wanted to turn you against Microsoft, he couldn’t raid your house in the middle of the night, kidnap you, and hold you in confinement till you changed your mind. He can only persuade you by creating something that sways your preferences away from his competitor. Not so the politician who could pass a law against you that favors his constituency and handicaps yours or, if his political world lacks even the semblance of Republican checks and balances, kill or imprison you for the simple fact that you are the competition and he doesn’t like that.'

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Mark Pellegrino is a successful actor who appeared in Lost, Supernatural, Being Human, 13 Reasons Why, American Rust, The Closer, The Tomorrow People, Dexter, The Big Lebowski, Mulholland Drive, Capote and more. Mark teaches at Playhouse Paris, the acting school he and his wife founded in Paris. He is also a co-founder of the American Capitalist Party and a graduate of the Objectivist Academic Center.
IMDb: https://www.imdb.com/name/nm0671032/
Twitter: https://twitter.com/MarkRPellegrino
Instagram: https://www.instagram.com/markrosspelle

#politicalpower #economicpower #power #explained #philosophy #philosophyshorts #political #realitycheck