This has been a great series of videos, thanks alot.
@kmarinas86
13 жыл бұрын
Corporations with billions, not billionaires, are the cause of this problem.
@QuatFax
13 жыл бұрын
I really think TRN needs to do a segment on alternatives to state capitalism. They need to explore things like Mondragon, Emilia-Romagna, the Zapatistas, the Fabricas Recuperadas, and all other attempts to empower workers. They also need to look at third-way economic theories, such as Mutualism, Distributism, Gandhism, and Economic Democracy.
@sinekonata
13 жыл бұрын
I like the theme of the next thing to discuss ^^
@egolayer13
13 жыл бұрын
The way Ha-Joon Chang says, "ya?" at the end of all his points has a strange charm to it. You would think it would be severely irritating, but it's actually kind of fun, ya?
@dangerouslytalented
13 жыл бұрын
When the rich people concentrate too much of the wealth, they no longer invest it in the general economy, they instead invest it in inflating the prices of commodities and dirivitives, because THAT is where the money is. The resultant bubbles destroy the total amount of net wealth.
@sirolo1
13 жыл бұрын
Why don't we stop taxing people when they earn money and start taxing them when they spend their money?
@sirellyn
13 жыл бұрын
@CheeezMaster The real estate bubble was created by the Fed and the government, not public sector workers. We have laws on the books to handle "liars loans" as well as derivatives. They are called fraud and bankruptcy laws. The funny thing is the government either doesn't actually enforce those laws, or have other laws that superscede them written. So why in the world would you ask for more laws if the existing ones aren't enforced?
@dangerouslytalented
13 жыл бұрын
@sirellyn It is simple: Well defined powers. They should have cut and pasted the legislation from Australia, for example, where the healthcare costs (public, private and corporate combined) are less than HALF those of America. Campaign finance reform is necessary. The whole American system needs reform.
@catgumart
13 жыл бұрын
The Pie theory- In my mind the pie cant grow infinitely unless we find a really good efficient way to tap into the energy of the universe-I think the pie grows shrinks on a regular basis--there is only so much energy we can harness at one time--poorer people may go above a certain line when the pie gets bigger then they seem to recede back below a "certain" line with their small % of pie-while the rich seem to keep hording more of the wealth through every cycle. Do I understand this correctly?
@deathbyzza420
11 жыл бұрын
Human cooperation has been lead by free trade and capitalism. Governments intervene and cause war and massive deaths. The market doesn't want economic sanctions, that is bad for the consumers. The only reason we would have monopolies is through the power brokers greasy hands. If you have a job and pay taxes you understand quite well.
@Ex0dus111
13 жыл бұрын
@AugustusOctavianus Capital - ism, the idea that the market should be centered around the investors first, the CAPITAL.
@dangerouslytalented
13 жыл бұрын
@biggaflex2gs actually, not EXACTLY true... It is the reverse. Mean people get rich, because people who have no morals, who do not care who they hurt, don't care who they rip off, THEY have an advantage over the rest of us, and this allows them to get rich... It is much harder to get rich while sticking to the rules, by NOT ripping people off.
@dangerouslytalented
13 жыл бұрын
@lordblazer ... As long as they make it out with all the stuff, they don't care whether they leave devastation. They are the burglar who sets fire to the house in order to get in.
@sirellyn
13 жыл бұрын
@dangerouslytalented That still doesn't explain why you'd want to give the government more power (through regulation/management etc) Especially if you suggest erosion on checks and balances. And as I stated before any recent evidence to give them more power has only resulted in more corruption/abusive laws. Obama care was a backlash from hating how the insurance companies treated patients. Who turned out to be the biggest advocates of it? Insurance companies. Financial reform = same.
@SufferahsmusicHD
13 жыл бұрын
@dangerouslytalented i do agree with you...amnd thats teh sad part...that we are suppose to believe rich people are on the up and up...then were to believe theyre gonna allow theyre wealth to trickle down to poor people...yeah fat chance
@Skeptic87
13 жыл бұрын
@sirolo1 That's insane trickle up policy, there won't be enough revenue for public spending.
@sirellyn
13 жыл бұрын
@dangerouslytalented For the third time, how does this relate to wanting to give the government more power? If you were to say the whole American system needs reform BEFORE we give it any more power, then yes. I'd completely agree. But given your suggestions I still don't see how you'd advocate giving it MORE power before reform, then I still haven't heard any substantive reason as why this would be logical. Also how are more laws thus more complex law structure = well defined?
@sgpquek
13 жыл бұрын
only 23% go to the top 1 percent? There room for growth then.
@lordblazer
13 жыл бұрын
@dangerouslytalented currently with no other world reserve currency. they're committing economic suicide, and the wealthy in other countries are noticing, and slowly but surely edging their way away from these people. Still the health of the global economy does matter in the scheme of how well the ultimate consumer economy does.
@sirellyn
13 жыл бұрын
@yo1dude1man Also I've already made a post about what "trickle-down" originally was and and what it's been perverted into. You facilitate those who create wealth. The more wealth that is created, the more excess there is for everyone. People who earn 10k a year can create wealth as much as someone who makes 1 billion. Wealth creation is what you make on your own w/o government subsidy or help. Its not simply giving rich people money. You can be a rich mooch as easily as a poor one.
@sirellyn
13 жыл бұрын
@yo1dude1man Aside from the bailouts which never should have happened, how is all the wealth being given to the upper class?
@sirellyn
13 жыл бұрын
You don't give the "rich" money so some can trickle down thats just ridiculous. You facilitate those who create wealth. The more wealth that is created, the more excess there is for everyone. That means you facilitate investing with positive returns (capital gains). Doesn't matter if the investor earns 10k a year or 10 billion. Being "rich" has nothing to do with it. Creating wealth has everything to do with it. And stop subsidizing/bailing out the rich, they don't need it.
@ShortOrderLectrician
13 жыл бұрын
@shazzbot007 Einstien never said that. Neither did Ben Frankiln. It from a book from the eighties. The 1980's. I don't even think it was a bestseller. Besides, Einstien would probably have said the definition is a good one for "Practice" or "Learning". It's a terrible definition for insanity.
@DavidByrne85
11 жыл бұрын
there is no market without governments and there is no modern government policy without the massive influence of 'the market', aka the most powerful private actors who shape markets. give up your childish dichotomies
@lordblazer
13 жыл бұрын
@dangerouslytalented so they simply begin to commit economic suicide. Figures. They're humans too. Just because someone is rich does not mean they are smart or have foresight let along hindsight of it after shit hits the fan.
@sirellyn
13 жыл бұрын
@yo1dude1man Hold on, right there you are taking a defacto stance that all money devoted to the highest tax rate (and even if it's raised w/o consent) is the governments property. Therefore it's a "gift" to not pay as much. It's only a gift if it was theirs to begin with. If you are saying some of the rich are allowed to pay less and the government takes more from the middle class then yes, you are right. But it's an important distinction. And military should be cut first by far.
@SufferahsmusicHD
13 жыл бұрын
sorrry ABOUT THE TYPOS
@sirellyn
13 жыл бұрын
@dangerouslytalented I'm still amazed you hate the idea of wealth being concentrated in only a few groups/people and yet be totally for giving the government more power. A single omnipresent power is better? Because we can vote them out? Because last time I checked we only have the choice between two parties, both which have similar policies. Maybe because a strong government opposes the other rich people? Have they done that or facilitated them? Who bailed out the big business again?
@mikem720
13 жыл бұрын
Most of this series is a just bunch of biased half-truths and nothing for balance.
@deathbyzza420
11 жыл бұрын
Stop lying to these people
@deathbyzza420
11 жыл бұрын
Logical fallacy. Appealing to tradition, shame on you. I thought you communists were a bit more refined.
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