John Kenneth Galbraith : The Economy after the Cold War (1989) - the fifth estate
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- Опубликовано: 10 июл 2024
- From 1989 Bob McKeown in a feature interview with economist John Kenneth Galbraith as the Soviet Republics began to collapse with the Cold War all but over. Professor Galbraith highlights what he sees as the dangers of what Eastern Europe faced post-communism: that the vacuum left between and old system and a new one could lead to a period of chaos.
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Galbraith's fears regarding a post-Cold War world -- "..some of the old antagonisms, the ethnic antipathies, language antipathies, a spirit of extreme nationalism, will spoil that picture."
Incredibly apropos for our time.
Good anatomy of power
Fascinating to see this time capsule from that time, when the Soviet Union was just collapsing. Alas, the Cold War did not go away, merely changed form but while the proponents have not changed much (now it's Nato vs Russian Federation) the theatre and nature of conflict has. In the end, Poland did get back on its feet, a long but remarkable recovery, not without trouble even today in 2016.
Why ? The reaction was in the period after The Errand-boy, 1987, soviet movie. Though, without any positive result due to the poliitical and structural economic mistakes since 1970.
The interviewer is Todd Krakow
Basically he was a prophet?
Foolish loans should not be repaid but we bailed them out anyway.
The interviewer comes off as smug.
ya... most cbc interviewers are... canada's bbc does not do the good journalism that the actual bbc does. Chris Hedges walked out on the cbc once.
@@ttrendxyz Actually, when you examine the facial expressions of Bob McKeown in may other 5th Estate interviews you can see he has an unfortunate, inherited, facial-muscular underpinning that produces the " archetypal smugness".
one word: cyclicality
huh?
Where is his evidence for this crazy statement at 1:19?
Lol are you asking where an 80 year old world renowned economist got evidence for a statement? Read his books for citations!
You should look up the battle at blair mountain for some evidence of this sentiment.
Comments like this rely on ignorance. Nothing personal, but what you say is the standard view of so many Americans: capitalism is universal land of milk and honey, the purer, the better. It simply doesn't stack up outside a very narrow slice of the Western middle class, in a specific period, a class now under siege.
Galbraith lived in the Depression, wrote the classic book on it that is specifically relevant to crashes today (such as 2008- even the same banks making the same mistakes), played a pivotal role in the success of the US wartime economy, and laughed at the endless claims by US capitalists after 1945 that over-regulation and over-taxation would destroy progress. Instead, this regime saw the greatest economic boom in history.
To give a real answer, I would start by reading up on the Progressive Era in the United States and go from there. "How the Other Half Lives" is a pretty famous piece of photojournalism from this time which will give you a good 'feel' for the issues of this time and place. It was published in 1890 and is now public domain.
No al riarmo
This man strikes me as someone who has helped propogate the tenants of globocapitalism but now has deep regrets
You don't know much about Galbraith. Certainly a proponent of international trade and cooperation, but always a voice for restraint and regulation of Corporations since the 1930's. Watch "The Age of Uncertainty " series. At one point Galbraith advocated that shares in Corporations be owned by the Government who would then sit on the Board of Directors to ensure social responsibility.
Galbraith was Bernie Sanders before there was a Bernie Sanders.
Strikes me that you never learned the word "tenets" so I can ignore your ignorant opinions.
Offer help to the Soviets, John? Glad we didn't fall all over ourselves to help prop up that phony business.