In an ideal society, people would form voluntary associations in order to create groups to create goods and services that others need.
They would obviously need to be compensated for their time, so they could establish a common group treasury and then pay themselves out of the profits.
The best ones would get so much employment and grow so big they could even take on employees.
Can you imagine how productive and prosperous such a world would be!
Yes. And when such a group grows quite large, it becomes a power unto itself.
It's no longer necessarily a voluntary association anymore.
Yes in the beginning this is prosperous and gives people what they need. In the end though, these groups left unchecked become bloated monstrosities which in order to survive must convince people of what they want and need even if they don't want or need that thing, whether it be a new car every year, cigarettes, or even guns.
They become too bloated to fail because a failure could be catastrophic. Failure puts people out of jobs and all that nice prosperity disappears. So then they must practically BEG YOU ON THEIR KNEES to buy their goods and when that doesn't work, they resort to brainwashing and planned obsolescence.
They have to intentionally make things that will break much earlier than they reasonably should so that you must buy new. They have to fight to maintain a rapid development curve and stay ahead of it to get you to always buy the slightly newer and slightly better thing, because if they don't, it means disaster.
Your interpretation of the video is wrong though. It's not criticizing capitalism, it's criticizing the faux-capitalism we've slipped into because of government intervention. The government created the Fed, the government created the corporate welfare that's kept all those failed banks and failed companies that were "too big to fail" in business, the government needs to back the fuck out of the system so the market can put these banks and corporations in their fucking places.
If it were a truly free market and they tried to pull this shit, they'd be dead companies in a week. Just look at what happened when Bank of America and other banks tried to put in a debit card and electronic payment fee. They're still reeling from that. They lost a major chunk of their customers, their stocks plummeted... THAT'S capitalism, where the consumer has the power to fuck a business over for screwing with them. All of the problems with capitalism we're seeing are because of government intervention, which is a shifting away from a truly capitalist economy.
"Not knowing how near the truth is, we seek it far away." -Ekaku Hakuin
5w4 . IEI . Chaotic Good Right-Libertarian Minarchist