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Wonderful interview, thank you all!💗

This was a bit weird. Thom is a legend.

You should have better balanced the audio on this....as is, it is very difficult to listen to with Marks voice so faint....

Blyth is a national treasure. The ultra-rare combination of extreme intelligence, incredible wisdom and unimpeachable humbleness. You deprive yourself if you don't listen to this man.

I really appreciate this interview, thank you for doing it :) Sheikh Kabir is a hidden gem with depth of love and light present.

gods if i didnt have any scruples i could be soooo fucking rich lol

People like Mark Blyth and Ha-Joon Chang need to run the US economy, not hustlers like Larry Summers.

With respect, UBI is the motherlode of bad ideas. It would induce rampant, never ending inflation, it encourages irresponsible people to reproduce which leads to more irresponsible people on the planet. It would obliterate social cohesion since there would be no need to work and build relationships with others due to reliance on government; innovation would suffer a similar demise. The one sure way to destroy any hope of mindful wealth or better capitalism and ensure socialism (ie. early stage communism) is to implement UBI. I see virtually no parallels between the highly diverse US and the culturally, ethnically homogenous nation of Norway with 1/62 the population. I don't mean to be harsh, however it's a concept that needs thorough, stern rebuttal in my view.

Not all rich people have power, in fact most don't, its the wealthy CORPORATIONS that create the situations where populism becomes popular. If you remember people like Larry David writing op eds when Bush did his big tax cut, saying where he was going to spend all the new money that he now had but didn't need. I knew a guy who was the 'goto' guy for a billionaire family. It was his job to control the money flow because the guy admitted that most wealthy people are actually fairly decent people and like lottery winners, will often burn through a lot of their money, in one part simply by giving it away. So this guys job was essentially to keep his wealthy clients 'protected' from people who wanted to get money from them, whether charities or investors or anything, because MOST millionaires in the states now are INHERITORS of wealth, not creators of it. So they really don't have the financial acumen of who earned the money in the first place, and often have a fair bit of guilt about having so much money while knowing full well they did little to nothing to deserve it. Populism is a tricky word, but essentially people fall for populism when they are desperate. Here in Canada there is a groundswell for one of the conservative candidates, but he's a pretty onerous critter who has the most 'desperate' people buying a lot of hooey because they hate the current government so badly. I might add that thats exactly what got the CURRENT Prime Minister here elected about a decade ago, because of course populism is not restricted to one party. Obama most certianly was populist, the media doesn't like it because 'in general' to media the only people that fall for populism is stupid people or poor people, and certainly in the latter case, they don't even vote.

This is a wonderful discussion. A hurdle I struggle with in my own spiritual growth is how to reconcile my Earthly existence with my spiritual understandings. I believe in doing honest work, creating real value by providing goods and services that people are willing to pay for and at the same time aren't detrimental or addictive to the buyer. This is in opposition to earning an income by selling (or investing in) addictive substances, processed foods, rainforest lumber or cheap goods made oceans away where the people and environment are degraded in the process. Speculation and "shrewd" investing (including 401Ks) creates little to no real value and often serves to accelerate this degradation. It also makes me uneasy that I'm coerced to support a parasitic government (US) by paying taxes and following its edicts. My point is, it's hard to have enough free time and energy to really delve into spiritual practice when so much goes into doing _real_ work to earn an honest dollar while also trying to avoid contributing to the problems caused by cutthroat capitalism and bloated bureaucracy.

Good talk, this is something I think about often. To sum up my views on the subject: *Capitalism- Good *Materialism- Bad.

There is online petition for european universal basic income, need 1 million people end on 25 june

I definitely learnt something new, thank you. Very educational 👌

Bravo Terrie this so fantastic and so needed will join the next one .Inspiring at a critical moment

😔 P R O M O S M!!

There is no such a thing as populism. There is what normal people want and than there is what tiny leftist minority and elites want. We can than say the same thing about Biden. Is Biden populist? What determines what is populism and what isnt. Basically its whoever I dont like is a therefore a populist.

interview Guy Standing

I was reminded of part of this false concensus stuff last night reading an article about this finnish corona vaccine, taken via nose spray and highly promising, we could've gotten it inside 2020 if the government had taken over and allocated the resources. But no it has to be done privately, or the developers have to apply for business loans to develop the vaccine as a commercial product. Well it's 2022 and the vaccine still isn't here but under development and one paragraph just bluntly states "The state will never do this, nowhere in europe is this true, this is not for the state". Apparently it was a quote from someone in the government who oversaw the development. It's like a complete refusal to even try to break out of this box we've put ourselves into. It's easier to imagine the end of humanity than the end of capitalism, even this hyper shitty version of capitalism we got now.

Learn how to mix your audio, please.

1) Thanks for the timestamps! 2) No need to squander a citizens' wealth fund on paying student debt when an executive order could cancel it.

Please balance out the volume of each speaker.

9:15 except of course, "everyone" didn't get bailed out (in america). The rich even took most of the stimulus meant for the unemployed. 200,000+ small businesses closed permanently. And soon people will start losing their homes as the banks collect debt from the poor, that was incurred by the rich. Not an accident. All by design.

I really want an episode where you play the bass and talk about the ones you have

Loved the true wealth segment of this conversation, millenials can relate a lot to this.

economics is what you study when politics is too scary. no ethical person would participate in usa politics, and revolutioning is dangerous and usually ill-paid as well. so you talk about the machinery of society, and leave motive power in the hands of sociopaths and idiots. and the occasional 'hero' like assange, manning and snowden.' somewhat like the 'schoolmen' of medieval times, although more useful than 'angels dancing on pinheads.' sometimes. yet there are economists who prospered by simply saying, 'get out of the way of the market.' you tell rich people what they want to hear, and you prosper. the vital questions of our times are population and environment, and they are not addressed by current elite-driven societies. if we don't get democracy, the zuckerbergs will kill us all.

The problem with Capitalism is Capitalists

There's only one type of wealth: Social Wealth. Meaning Society (which is us) makes sure no one is abandoned

Guess what? You can't have in increase in Standard of Living without Inflation. THAT'S WHAT AN INCREASE IN THE STANDARD OF LIVING MEANS. The key is that wages have to rise more.

"Inflation" - the last refuge of a moron.

It's not "politics" - it's Conservative propaganda

Great conversation! I have an uneducated response to the how to control or cater to capital. I think we will need a ubiquitous set Global Corporate Governance laws to reign in capitalism. So there's no where on earth you can exploit or leverage. Hard if not impossible today, especially with the NWO conspiracy. I think fundamentally globalization has made the nation state irrelevant and beholden to capital demands. Just look at our supply chain fiasco. How does the USA not have a single IC chip manufacturer? I can't wait to read Karen Ho's book. I read Transaction Man by Nicholas Lemann and it dovetails well with this conversation. Thanks!

Somebody needs to organize a 'conversation' with Blyth and Varoufakis...

Forget who it was that said once you earn $65,000 per-year more money doesn’t have an effect on your actual happiness.

Very interesting episode, but please, for the love of God, equalize your sound, I either have to get my ears destroyed by the hosts or miss most of what Mark is saying.

45:01 Nature what last?

I am sand to see only 256 views in a month for a video from a great man of your calibre. Perhaps next time you should stroke a white cat on your lab. RUclips algorithms will favours you. Your thoughts should be taught at school 🏫

The growth of populism is due to the failure of the elites and governments create a level playing field, economically, allowing the rich and corporations to get richer whilst in work poverty plus debt to spiral out of control for the working class. Add to this the Conservative nature of people to accept social change but having rammed down their throats rather than letting it happen generationally. When you no longer trust the news channels people resort to the Internet for their information much of which is ill informed or feeds to people's predjudices.

Mark really is an intuitive genius man. If the stages of capitalism are software then he has shown himself to be the expert white hat hacker trying to expose and fix the faults in the software.

"Serial entrepreneur" should be translated as 'successful economic parasite', aka a self-congratulating rentier.

Mindful wealth ? I hope the autographed jerseys make you feel better ? Jesus christ

I can't believe so many smart people don't understand that corporations pay zero tax, their customers pay 100% of whatever the government takes, period. And they get far far far more in return in social, general government, and military spending. The poor do not, never have gotten rich, and never will from redistribution, and if you haven't learned that from 2020, you will never understand. Government spending is the redistribution of wealth from the middle class to the rich.

damn blyth has such a way of explaining our financial world that is simple and down to earth it's too bad more politicians don;t take his approach to heart .. and yes once you've got $10 million what drives you to accumulate more & more .. and we all know the devastation of uncertainty in life ... great interview..

Please for the love of god turn down Terri’s mic! You all have interesting things to say so please balance your levels in post so we can hear them without sustaining industrial deafness.

Mark, always insightful….

We need to change congress. As it stands today congress is made up of mostly rich people who are mostly white old men and one of the reasons for this is , thanks to the U.S. Supreme Courts decision that money equals free speech, they are the people who get the money to run and win. The second reason is the seniority system in place in congress which rewards seniority instead of rewarding talent. It gives the state with the longest serving congress person undeserved power. The main reason that things don't get fixed is because congress people are not feeling the pain that is caused by the problems personally.

Bottom of the Dundee working class was the bottom of the British working class. They did jute and then nylon smashed the place.

All of this makes sense so why arr the decision makers listening and acting?

One wish only that the people who run the economic policies just think like Mark Blyth even if they screw up! Mother Consciences please enlighten me🙏

Proposed 'solutions' attempts to treat symptoms, leaving root cause in place. Clearly globalism is an utter failure, as it's built upon corruption, causing massive environment damage, political and social disruption, which leaves me wondering why it's being defended. I fail to see how The Fairness Doctrine was gov control over news, and how we benefit from it being rescinded, bringing on the various Rich Guys' channels, such as Murdock's Fox, Sen. Menendez's PBS, etc.

Nature Bats Last - is from Paul Erhlich (who wrote the Population Bomb)