1:00:22 You can ignore politics, but you can't ignore political economics. Economics deals with private rational individual behavior. Political economics deals with public rational bureacratic behavior. That's what we mean by "democracy," a rational-bureaucratic political society that operates in rational-bureacratic ways using the political franchise (i.e. the vote) as a political "price mechanism" to allocate political capital. Politicians are political entrepreneurs in the free market of the political franchise, but democracy is not supposed to be the rule of politicians. The politicians in democratic theory are executives of a rational-bureacratic civil society. This is not what we have in America. The rational-bureacratic democratic institutions were dismantled by Reagan and the neoliberals of the 1990s, which was a bipartisan project. In the 1970s they destroyed the trade unions. In the 1980s they deregulated Wall Street and Silicon Valley i.e. venture capital. In the 1990s they demolished rational-bureacratic democracy and turned America into an irrational-oligarchic free market, not dedicated to democratic organization but rather to public choice emgineering. So if you want to ignore politics good, but why not bring some political economists on your show? You could start with Professor Wolfgang Streeck from the University of Wisconsin.
@RonnieSportz
2 ай бұрын
I miss Tom K. … AMH is insufferable at times. Sorry but she needs to go. JF, Bramo, love you guys
@sakcee
2 ай бұрын
shut up, she is fine
@AerialPenn
2 ай бұрын
Got to watch Two shows if you want Tom, Jon and Lisas take.
@turbofanlover
2 ай бұрын
She's easy on the eyes. That's about it, though.
@rich8304
2 ай бұрын
She doesn't have a chance.
@jamesberryhill9445
2 ай бұрын
trump trump trump 2024
@willungs541
2 ай бұрын
I guarantee TK is voting for Trump
@English_Dawn
2 ай бұрын
Should be shoe-in for Trump. However Harris could push abortion, perhaps as the most crucial thing to attract a particular demographic, lefty, studenty, shouty, women.
@minhdooi
2 ай бұрын
U mean MURDER
@sissi1520
2 ай бұрын
most people around me aren't very excited about Kamala.
@JoseEnriqueAguirreGonzalez
2 ай бұрын
Long live Adam Smith! He foresaw that the subjective theory of value would not stand the limitless consumption it calls for due to environmental concerns , that is why he stuck with the objective theory of value, and in this manner, by making every man produce what it's labor would allow him, and consume what little it could, in the words of Locke, waste would be averted.
@cjchen3492
2 ай бұрын
Is Harris considered democratically elected candidate?
@RonnieSportz
2 ай бұрын
sure, if you put air quotes around the word, democratically
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