Відео

2:37 Start

Always some privileged Western academic who’s defending Marxism

What more proof do you need than Venezuela that socialism never works and ultimately results in dictatorship

Ever heard of Adam Smith? LOL Wealth of Nations is free on the Internet. Been there since 2001. Search it for "read, write" and you will find multiple instances of "read, write and account". Wasn't accounting mandatory at your high school? I don't even know if mine had the course. But consumers did not buy automobiles and air conditioners in 1776. Don't professional economists know this? They don't tell anybody. Now if you search Karl Marx's major work for 'depreciation' you will find that he used the word 35 times in the first two volumes. Thomas Sowell does not use the word a single time in his book, *Basic Economics.* How much do American consumers lose on the depreciation of automobiles each year? How much each year since Sputnik? Ask any economist anywhere about planned obsolescence. When I went to college for Electrical Engineering the term e-waste did not even exist. Every country claiming to be Capitalist could have made accounting/finance mandatory in the schools since Sputnik. Even the Socialists cannot suggest something that simple. What is NDP, Net Domestic Product? *The Waste Makers* (1960) by Vance Packard *The Screwing of the Average Man* (1974) by David Hapgood Noticed the Great American Repo Crisis yet?

Excellent lecture Jason! Thanks for sharing this and this is one reason I treasure the social media, because I could access this powerful knowledge. To Jason......very true... ...but then capitalist are everywhere, even in developing countries who have captured the State or run the state by crony capitalism serving themselves and the Global North. Leaders or elites in developing countries are not angels (Public choice theory) and one proof is poor spending in human capital (Sen's capability approach) from their budget, which IMF and World Bank are not stopping, at least now. So, how to deal this? Even for effective social mobilisation or revolution to happen we need basic mass education and health. If these are not provided people will be forced to buy them and supply votes just to live. Why not a new structural adjustment movement in North for development or investment in human capital in south?

A story well told We need story tellers like Jason that have the ability to get new ideas and ideologies into the mainstream

End rent increases

I have a hunch that inequality in China vs. north has mainly decreased in Hong Kong...

This is the best analysis of capitalism that I’ve seen. It affirms my own intuitive understanding.

Sharing will save the world.

*"with an emphasis on economic sovereignty and socialist policy in the global South. Such transformation will require an anti-colonial movement"* Socialism has never worked anywhere in the world, at any time in history, under anybody's management. The term "The global south" is Leftist dogma and anti white hatred. All of your destructive policies are a scourge on humanity.

How about the Global South increasing education in the trades such as welding, pipe fitting, electrical, carpentry, roofing, and road building along with engineering and business skills so that a more skilled workforce could build the infrastructure and businesses with skilled jobs? Transporting over paved roads with trucks instead of muddy roads with bicycles would save a lot of labor. Also ignored is the massive build-up of coal-fired electrical plants in China severely polluting even Japanese air at times.

I am wondering if those that think the climate or weather is possible to be managed by humans consider what caused the ice age and if humans caused it

Hi Jason, I was wondering why you have not offered a critique of Jordon Peterson and Bjorg Lomborg's claims about how best to address climate change and the plight of the languishing nations. It sure would be a worthy project--given the amount of air time their ideas are getting.

ideas requiring consideration to be sure - and in so many ways the south takes advantage or can we say exploits the north - the north provides technology medical no how no way global rule of law entertainment reserve currency a test bed for capitalism a test bed for democracy a haven for refuge a test bed for multiculturalism a test bed for mingling of religious people - this is the glory of oceans - the geographic structure we have been endowed with was hypothesized to be slightly less helpful prior to columbus how little we all knew - but now in so many ways the oceans have shrunk and borders are being erased and we are more cognizant and respectful of people all over the world - that we have arrived to such a crossroads is cause for celebration - it was not foregone it was perhaps nigh onto impossible much worse could have occurred - turn your attention to the means that have allowed this - the means being the oceans the availability of language opposable thumbs fortuitous timing et cetera and so on - what can any buddy say - caveat emptor buyer beware when you want to find a better future for yourself and for the species - people have had an opportunity and have taken advantage of freedom - in that i can rejoice and grieve - best of times worst of times - that is the only way no matter what - you cannot stop the trying the carrot the stick - the only way to learn is to generate consequences - mankind has no other la la la la lot - here is one thing the north has not succeeded in doing - the north has not provided protection from the asteroid - the pandemic exposed numerous conflicts and extreme ideas good and bad in the holders of power - it is doubtful that any extreme change without a simple thought chain to consequences is particularly right - if there are forces of corruption then change is the most welcome event because turmoil causes higher levels of vulnerability than ever - tan nasty a fall - have you heard of that be four ? ? ? ??? ????? ? ? ??? ? - maybe you should be reminded - there ain't no such thing as a free lunch - it is painful that the rich do little to improve the life of the poor - we can take solace in the law of diminishing returns - as the north makes further gains it becomes much harder to make gains and hence more brains are required to push the envelope - this is the opportunity for the south to acquire a better life - of course once we have applied both the north and the south we will be at the mercy of the law of diminishing returns and the laws of thermodynamics - its all about finding the monkey for your lunch

kudos to Jason Hickel Degrowth in essence is eco-socialism. Some may see it as radical intervention and some as just an antonym of growth. For once, we can ignore the increase of GDP annually - boycott and divest the "holy sacraments" of policymakers, the dominant culture and economic pundits. Recognize the enemy we are fighting. It's not people and it's not the climate. It's the system and our parasitical relationship with the planet. We have to explore our own ontology in order to discover new directions, while abandoning certain old maxims. Otherwise we are part of the ecocide! That wealth and constant growth of capital cannot deliver the promise of happiness and a stable future.

This is a gem

One thing for certain, the climate change policies being promoted by wealthy counties will inhibit development in the developing world. The most fundamental resource is access to energy. If the wealthiest countries of the world were to lose their access to reliable energy, their "wealth" would plummet.

TAX THE RICH EAT THE RICH !!! The surplus motive is why they waste billions on space, they want as much surplus as possible but without that escape hatch, where the capitalist finally escapes with the bag of gold cannot happen, the internal dialogue of take everything falls over unless you have the big escape and the ultimate escape is another planet and I know it sounds crazy, we arent going anywhere for a looooong time, but space drives and legitimizes the urgent will to take it all. Space is the big boondoggle.

@41:00 critical mistake here. Governments do not _need_ foreign currency if they issue their own. They pay the price in the exchange rate, so they _must_ float the exchange rate and allow the pass-through price adjustments. Who then domestically "pays the price" can be fairly distributed so the workers don't get hit hardest. That requires governments being disciplined to force the pass-through inflation hit entirely upon people who already have the most savings. If they are disciplined that's a good thing, since inflation supported by keeping the lowest real wages on parity psychologically encourages savers to spend, which helps drive production. It's all about handling the inflation from forex pas-though well, you let inflation go through, but control it by boosting the minimum wage and tax off the top end of town, but using automatic taxes, no hikes, just a progressive rate. If you do it well, your country's rise out of import dependence is inevitable, provided no one attacks you in some economic or other warfare (UN Articles aught to prevent that, but ask the people of the Donbas... the UN is not doing that so well).

@23:50 rise of equity in the global south is not necessarily "inherently inflationary" for the global north. It depends on the currency monopoly (government) in the global north. They are price setter, not price taker. The dynamic is that of a relative price adjustment, the extracting industries go down, the domestic producers go up. If the extractors have more political power then the effect would be inflationary, which the exploiters fight to reverse through imperialist tendencies and economic warfare. If domestic producers have more power then the government can choose to support domestic workers wages and the real inflation from the loss of income + goods from the global south, which turns into a mere nominal inflation, a currency regauging, which does not hurt the poorest in the global north (the "consumer basket of goods" their incomes can purchase is unaltered). The relative prices then adjust "correctly" which is to say _morally_ in the proper direction.

@12:00 GDP is not a measure of "economic growth" in any sense I would think of growth (a positive thing). Blowing up bridges, ruining the ecology, and burning houses all _add_ to GDP. GDP is an expenditure measure, not a growth or health measure.

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Thanks for caring to share deep rooted management research knowledge based learning technology engineering industrialized social psychology mirroring political economy hidden legal policy Spheres Influencing both emotional / ecological Intelligences simultaneously shifting focused mindset spacing between timing and distancing beyond turning obstacles into opportunities missed lost collapsed TRUTHS TOWARDS TOTALITY TEARED TRUST Apart from Breaking Silence Overarching Variety of Injustices feeding Inequality flashing Identity Without MEMORY hacking Dream like God Philosophy Reflective SELF EDUCATION that unified fundamental split in the SPIRIT of Enquiry that Separates, Limits and Rejects Others Sides Effecting Selective Narrative framing whole moral sentiments damaging suppressed story obfuscating contra factual history distorted rhetorical reversed polarity, potency and primacy of purity beholding artistic beauty blinded scientific methodology, Body, Theory and Strategy Shadowing Wicked Problems Domains Masked, Mapped and Modelled Loops, Links, Layers and Locks Landing Keystone LIGHT Language Spotting the Presence, Significance, Essence and Confidence Keeping Faith Alive Worth While Via Finding Gaps for Building Bridge Bearing Nuts, Bolts and Knots Opening Brain Battlefield Hardened Belts.

okey mang okey

Such an inspiring talk! Thank you, Kalle for this.

Impressive discussion, thank you for putting this together. What can people, electeds, corporate executives do to participate, support and or coordinate with US institutions (educational, non-profits, etc). This collaborative approach and inclusive strategy gives me hope for young disadvantaged students. The Entrepreneurial Institute of Washington would love to learn more.

Dear BSRS team, I am very impressed by her presentation and glad to be part of the next course of action. I am really in need of getting the right information and updates from this university.

Fantastic presentation!