Squid Game is Wrong About Capitalism

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Foundation for Economic Education
Published at : 19 Nov 2021
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Netflix’s smash hit “Squid Game” quickly became the platform’s most watched show of all time, but for good reason?

Many admirers praised the show for its anti-capitalism smackdown. However, it’s not the scathing critique many think it is… Ultimately, “Squid Game” demonstrates that poor economic circumstances can be a result of individual choice, not systematic failure. In essence, the show is about characters who choose not to take responsibility for their actions, and end up as victims of their own greed. We break it down on this short edition of Out of Frame.
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CREDITS:
Written by Sean W. Malone & Jen Maffessanti
Produced by Sean W. Malone
Edited by Michael Ozias
Asst. Edited by Jason Reinhardt
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LINKS:
– Understanding Capitalism –
https://www.imf.org/external/pubs/ft/fandd/2015/06/basics.htm
https://www.investopedia.com/terms/c/capitalgoods.asp
https://www.investopedia.com/articles/investing/102914/main-characteristics-capitalist-economies.asp
https://www.investopedia.com/ask/answers/040715/what-are-most-important-aspects-capitalist-system.asp
https://www.scu.edu/government-ethics/resources/what-is-government-ethics/favoritism-cronyism-and-nepotism/
https://www.cato.org/policy-report/julyaugust-2013/why-capitalism-awesome
https://www.contractingbusiness.com/residential-hvac/article/20868486/ten-reasons-why-capitalism-is-morally-superior
https://austrian-institute.org/en/subjects/religion-and-politics/christian-social-teaching/capitalism-is-good-for-the-poor-and-for-the-environment/
https://www.heritage.org/conservatism/commentary/the-case-capitalism

– Squid Game Popularity –
https://www.bloomberg.com/news/articles/2021-10-17/squid-game-season-2-series-worth-900-million-to-netflix-so-far?srnd=premium
https://usatribunemedia.com/news/tech/squid-game-shakes-up-how-netflix-measures-success-for-its-tv-shows/

– Squid Game & Capitalism –
https://www.msn.com/en-us/money/other/squid-game-the-rise-of-anti-capitalist-entertainment/ar-AAPaOHG
https://voxatl.org/squid-game-is-a-lesson-on-the-dangers-of-capitalism/
https://www.jacobinmag.com/2021/10/squid-game-capitalism-south-korea-parasite-inequality-netflix
https://www.newuniversity.org/2021/10/12/netflixs-squid-game-plays-with-capitalisms-dystopian-reality/
https://www.denofgeek.com/tv/squid-games-scathing-critique-of-capitalism/
https://www.theguardian.com/commentisfree/2021/oct/20/netflix-squid-game-savagely-satirises-our-money-obsessed-society-but-capitalism-is-the-real-winner
https://www.buzzfeednews.com/article/elaminabdelmahmoud/squid-game-netflix-review-lupin-international
https://www.youthareawesome.com/squid-game-a-mirror-to-capitalism/
https://www.msn.com/en-us/news/technology/squid-game-proves-capitalism-doesn-t-work-says-north-korea/ar-AAPuYwE

– North Korea & South Korea Wealth Disparity –
https://www.libertyinnorthkorea.org/blog/north-korea-history
https://en.wikipedia.org/wiki/List_of_countries_by_total_wealth#Total_wealth_by_country
https://preview.redd.it/vpk7hputd7231.jpg?auto=webp&s=35633c2a355965e55395e4edcbf6700c056cf41e
https://english.hani.co.kr/arti/english_edition/e_national/1013419.html
https://www.nknews.org/2020/12/north-koreans-earn-just-4-of-the-average-south-koreans-income-new-report-says/
https://www.statista.com/statistics/745687/south-korea-gdp-growth-rate-in-comparison-to-north-korea/

– Perils of Over-Regulation –
https://www.uschamber.com/small-business/how-regulations-every-level-hold-back-small-business
https://www.cato.org/policy-analysis/entrepreneurs-regulations-removing-state-local-barriers-new-businesses

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