Hist of Capital 4: Polanyi - Foreword by Joseph Stiglitz
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- Опубліковано 5 лют 2025
- In the forward to Karl Polyani's book The Great Transformation, Joseph Stiglitz explains that the self-regulating economy is a myth that has caused enormous destruction, especially to the developing world.
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Thanks a lot for educating the nation Sir
I am economists and I read this article my undrducating course
Suggestion: Sir, please use solid background rather than library background. Solid background will help us concentrate on slides and you.
Excellent exposition of the myth of free market economy. A tragedy is that this myth has been propagated again and again since industrial capitalism took roots, despite repeated failures of market economics. This fact remains out of public notice thanks to self censorship in corporate media, which prevents this information from reaching the general public.
The part on IMF and debts were very interesting. I think David Graeber talks about it in Debt the first five thousand years.
Fine work
Sir you're doing a great job 💯👍make one video about that how America control the world is the world is multiple polar or not?wait for your response thank you sir
Keep bringing these topics 😍
Sir you are economist more than political scientist
I am Trotskyite sir! But you are doing a great job
Thanks. I was also a Trotskyist once. But as I read more, I realised it is standing on the wrong side of history.
@@Taimur_Laal
Was it Trotky's theory of constant revolution which helped you realise that he's standing on the wrong side of history?
I really enjoyed it
Boht hi maloomati vlogue hay. Kindly also make a program on " capitalism in 21st centuary" by thomas pickety.
sir please make a vedio on the current political situations in Gilgit Baltistan.
@taimur please make a lecture on how real estate investment in third world countries like Pakistan is hurting economy.
Good effort 👍👍👍
Sir, I am regular listener of your videos and learnt a lot. However, sometimes you add your commentary to that extent that it lost connection with original topic. If possible, narrate the original text and then add own commentary at the end or in separate video.
Why would IFIs lend to developing economies if they are allowed to default?
Great video.
Question: The internet and resultant easy flow of data will make the markets more complete? Your thoughts
Sir what is the way to become independent of these financial institutions?
What roadmap we should take for economic stability in Pakistan?
Kindly also put light on the flip side of the coin
Kash keh pakistan kay shihri aapkay lecture suntay or aatay kaylieyeh is qisam kay halat paida karnay walun kay khilaff istarah nikal aaain keh muassar soial nizam jo awam yani proltariya kaylieyeh mufid or istishali elit class ko lagam di jaay.
Where Gorbachev got Perestroika like measures from?
Sir you need to interview Ron Paul, Jumma Khan Sufi, Orya MJ. also interview Engr MA Mirza about Marxist view on God & religion.
Interviewing orya, a conspiracy theorist who's always crying about akhiruzzaman and mirza engineer, a hadith thumper salafi who's always bashing the great Sufi saints of this region is a waste of time. Being a communist, he doesn't care about religion and these preachers.
Sir, you have mentioned that states can't filed for bankruptcy but during the Barzil economic crisis in 2014, IMF give relaxations to Brazil in payment of debt. Other thing you mentioned that Russian inflation/crisis is because of capitalism and Pakistani govt should learn a lesson in this economic crisis but privatization have short term benefits which are because of competition in privatization which are beneficiary, creates more jobs opportunities and brings development. On the other hand, communist economic system don't have any competition which could be one of the major cause of economic crisis of Russia in Cold War period.
Economic crisis in Russia happened AFTER the Soviet Union was dissolved, or as you say, the "communist system" was dissolved. Not before it. Crisis erupted AFTER Privatization happened. The USSR had negligible (1% or so) unemployment and no inflation for 37 years. All macroeconomic indicators were very stable. As soon as price controls were lifted and rapid privatization was implemented, the GDP halved, inflation went above 1500%, there was enormous unemployment. Not before privatization, but after it.
The theory on privatization being beneficial to society depends on (1) perfect competition which can never exist, (2) perfect information which people never have, and (3) completely free trade which is also impractical. A theory that depends on impractical assumptions is impractical in itself. It has dubious assumptions about human behaviour.
You have to discuss islamic political system in detail so you can maximize your reach in other factions as well.
He's a communist and doesn't care about religion that's why his party will never be successful in a country like Pakistan where people are suffering from religious fever.
please make a video on mirza ibrahim baba e mehnatkashan
Could you please also make an English version of this lecture. I don't speak urdu.
learn urdu
🔥💞
Pls make a video of China president economy.
Capitalism ko impose kyun krna para
Multipolar world.....
Digital barrer money--- money creation from GST commission--- abolition of central bank
140th view