Philip is by far my favorite economist, many shortcoming that apply to most economists don't apply to him, but one of those that do is that the destiny of a nation and it's survival is largely due to factors larger than economics or even politics. ideas, beliefs, morals and cultures guide history. the history of the world is the history of religions and nations (or races) rising and falling apart largely by themselves. People might say they aren't having children due economic factors, but the truth is that it's due to a hollowness in their souls that no tax break will ever fill.
It's a sorry situation that this all needs to be explained to people. Mr. Pilkington has a real knack for articulating the truths that the vast majority of commentators and analysts fail to grasp. Highly recommend his journalism and his appearances on the Multipolarity podcast.
In other words: a focus on material goods can lead to excess materialism in any given culture. A frighteningly original take from Mr Karl Pilkington here!
"The early Irish Republic was quiet capitalistic...." Taxes were too high and protectionism was rampant for too long. In 1956, Whitaker was appointed Secretary of the Department of Finance, at the age of thirty-nine. His appointment took place at a time when Ireland's economy was in deep depression. Economic growth was non-existent, inflation apparently insoluble, unemployment rife, living standards low and emigration at a figure not far below the birth rate. Whitaker believed that free trade, with increased competition and the end of protectionism, would become inevitable and that jobs would have to be created by a shift from agriculture to industry and services. He formed a team of officials within the department which produced a detailed study of the economy, culminating in a plan recommending policies for improvement.
Now Ireland has Trans children, mass replacement migration and a financial ponzi scheme based on debt (that will implode one day) just like the rest of the Global American Empire.
Although I think capitalism is far better than other proposed alternatives (look at USSR, Eastern Europe and more recently Venusuela) it is rigged with unfortunates and negative nuances that is better to be addressed. Also how right-wingers have set up tax breaks for the richest is extremely unfair to those who need to pay their full dues. It can be addressed though, but it needs people with fortitude who are not under the heel of Wall Street, which in US most Democrats & Republicans are unfortunetely, using wherein congressman use most of their time fund-raising to get reelected; for this latter, refer to Dean Phillips.
@@RobPalmer454 personally, I think we’re heading off a cliff and we don’t know it yet. Population collapse is going to happen, and people would rather fill the country with migrants rather than do anything about it.
@@RobPalmer454suicide, depression, drug addiction, collapsing population, mass migration. We won’t make it another 50 years without extreme reform of the economic structure.
I thought this was rather pointless and silly. In Britain, post pandemic Britain, our big problem is the quantiy of people we have 'long-term' sick. These are people with mental health issues, back problems etc. Yes, the kind of illnesses that are almost impossible to verify. The suspected truth is that 2 years paid furlough has removed the desire to work, the necessity even, with the easy availability of benefits to the self- diagnosed sick. We know that the structure employment gives to peoples' lives is one of the best antidotes to depression, and also the workplace camaraderie is a great counter to the creeping scourge of modern day loneliness that afflicts men in particular. I also see nothing inherently wrong with a vibrant shopping culture, products support jobs and a town with shops and bustle is a thing to be encouraged rather than disencouraged. Excuses to get people out of the house and interacting are something we need more of, not less. So, people in work, working hard, making money, spending money in the community, seems to me something we need to promote. So much has changed in recent years, not for the better, we really need to go back to how things were. They evolved that way because they worked.
I think you missed the key point. You might like your shopping and social experiences but unless you had more than 2 kids you are part of the problem that will eventually destroy the system.
Philip is by far my favorite economist, many shortcoming that apply to most economists don't apply to him, but one of those that do is that the destiny of a nation and it's survival is largely due to factors larger than economics or even politics. ideas, beliefs, morals and cultures guide history. the history of the world is the history of religions and nations (or races) rising and falling apart largely by themselves.
People might say they aren't having children due economic factors, but the truth is that it's due to a hollowness in their souls that no tax break will ever fill.
It's a sorry situation that this all needs to be explained to people. Mr. Pilkington has a real knack for articulating the truths that the vast majority of commentators and analysts fail to grasp. Highly recommend his journalism and his appearances on the Multipolarity podcast.
Well said. Sadly as you can see no one seems interested.
In other words: a focus on material goods can lead to excess materialism in any given culture. A frighteningly original take from Mr Karl Pilkington here!
Good points well said.
"The early Irish Republic was quiet capitalistic...."
Taxes were too high and protectionism was rampant for too long.
In 1956, Whitaker was appointed Secretary of the Department of Finance, at the age of thirty-nine. His appointment took place at a time when Ireland's economy was in deep depression. Economic growth was non-existent, inflation apparently insoluble, unemployment rife, living standards low and emigration at a figure not far below the birth rate. Whitaker believed that free trade, with increased competition and the end of protectionism, would become inevitable and that jobs would have to be created by a shift from agriculture to industry and services. He formed a team of officials within the department which produced a detailed study of the economy, culminating in a plan recommending policies for improvement.
Now Ireland has Trans children, mass replacement migration and a financial ponzi scheme based on debt (that will implode one day) just like the rest of the Global American Empire.
capitalism: A game played by decentralised individuals in search of profit
This is a very important speech. Very important....
Brilliant, and much needed analysis!
Although I think capitalism is far better than other proposed alternatives (look at USSR, Eastern Europe and more recently Venusuela) it is rigged with unfortunates and negative nuances that is better to be addressed. Also how right-wingers have set up tax breaks for the richest is extremely unfair to those who need to pay their full dues. It can be addressed though, but it needs people with fortitude who are not under the heel of Wall Street, which in US most Democrats & Republicans are unfortunetely, using wherein congressman use most of their time fund-raising to get reelected; for this latter, refer to Dean Phillips.
Sounds like a criticism of the bugman meme.
Capitalism>Conservative socialism
Right because the west is doing so well
@@Cristofah Relatively speaking, yeah it is.
@@RobPalmer454 personally, I think we’re heading off a cliff and we don’t know it yet. Population collapse is going to happen, and people would rather fill the country with migrants rather than do anything about it.
@@RobPalmer454suicide, depression, drug addiction, collapsing population, mass migration. We won’t make it another 50 years without extreme reform of the economic structure.
I thought this was rather pointless and silly.
In Britain, post pandemic Britain, our big problem is the quantiy of people we have 'long-term' sick. These are people with mental health issues, back problems etc. Yes, the kind of illnesses that are almost impossible to verify. The suspected truth is that 2 years paid furlough has removed the desire to work, the necessity even, with the easy availability of benefits to the self- diagnosed sick.
We know that the structure employment gives to peoples' lives is one of the best antidotes to depression, and also the workplace camaraderie is a great counter to the creeping scourge of modern day loneliness that afflicts men in particular.
I also see nothing inherently wrong with a vibrant shopping culture, products support jobs and a town with shops and bustle is a thing to be encouraged rather than disencouraged. Excuses to get people out of the house and interacting are something we need more of, not less. So, people in work, working hard, making money, spending money in the community, seems to me something we need to promote. So much has changed in recent years, not for the better, we really need to go back to how things were. They evolved that way because they worked.
I think you missed the key point. You might like your shopping and social experiences but unless you had more than 2 kids you are part of the problem that will eventually destroy the system.