Naomi Klein knows what she is talking about - failing capitalism - as well as Stanley Aronowitz, Chris Hedges, Emmanuel Saez, Noam Chomsky, Richard Wilkinson, Robert Reich, Joseph Stiglitz, Paul Mason, Richard Wolff, David Harvey, Gar Alperovitz, Ernest Callenbach etc. We ougt to bay attention!!
A simple but completely radical distinction to be made in the conversation about capitalism is between earned and unearned income. Economists call unearned income "economic rent" and all forms of such unearned income starting with the income from ownership of land and natural resources which is the largest component of unearned income are estimated to be 40+% of GDP mostly owned by economic elites (the 1%) and the historical root cause of the disparity wealth. Since there are now no non-radical solutions left to address climate change the idea of shifting taxation off of earned incomes from labor wages and the profit of real unmonopolized capital invested in the real economy where real goods and services are produced onto economic rent/unearned income is a radical idea worth considering. There are no unintended negative consequences of taxing economic rent/unearned income and the potential fund available to take for public use is more than adequate all by itself to fund all levels of government and environmental remediation as long as need be. The good news is that taxing unearned income especially from ownership of land and natural resources removes the incentive for exploiting the earth (especially fossil fuels sources). This would speed up the incentive to move away from fossil fuels into renewables which is a major part of the result to be hoped for from any solutions to climate change radical or not. I assert that fossil fuels will only be abandoned when the unearned profit to made from exploiting them is removed and the only way to do that in a democracy is to tax those profits away as close 100% as possible. By the way economic rent is the flaw in capitalism that doesn't really belong to capitalism but is a hang over from feudalism. Capitalism might work really well once the free lunch of unearned incomes is dealt with.
How brilliant! this lady has done her homework and is willing to have the courage to speak the truth!!!! what an opportunity she is offering us - if only we'll take it!
I love her ideas and how she is putting capitalism in it's proper place, but there is no way we are steering away from the coming disaster. I hate to be a doomsdayer, but our exponential growth will only lead to a collapse. Nothing in nature grows exponentially without a collapse. That is the beautiful tragedy of capitalism. Grow Grow Grow. It is impossible to sustain. Keep up the hope Naomi, as for me the path is clear, none of us will change until we "hit bottom" with our addiction to dense energy. Fossil fuels are amazing, but an industrialized society is not compatible with planet earth. AND, holy cow people in the audience...how hard is it to ask a damn question?!!!
+aaronmizzou I feel sad to say this, but I agree that simply because of exponential grow and fiat money monetary system, the world is heading to catastrophe and climate change is unavoidable
i think what that guy said about that we have to get in front of the consumers participation in fossil fuels is the way to go. the consumer is the fuel and i think that's where the change (through education of better systems to be implemented) has to start for the current systems to change led by one giant growing movement organization fuelled by more and more people. and the changes need to always be made with the reminding of the current goal of the whole model of the nation in relation with the globe so as to be cognisant of where we are at and where we are going which assists a collective in strengthening it's succinctness and establishing transparency so we are on the same page and discussion and processes move that much more fluid. if we participate and fuel companies that don't desire abundance for all even if it means shared profits, resources and technology, then that's what we will get. if we believe i'm just one person, there's no point in buying an electric vehicle, reducing purchases from destructive corporations and explore an alternate way of life, identity, joy, sustenance, in researching and supporting and advocating alternate sustainable and renewable materials and practices, then we will continue to fuel destruction until we look for something that is generative and are embracing to create joy and live that way.
This changes everything...except intellectuals insisting on monetizing their IP. Make your book & movie free-99 if their purpose is to spread the message. Some good ideas though
release those raw data and let others "run the numbers" instead of just obfuscating and hiding those data. if those data are true, then release them raw. Or one could just hide them and say "trust me".
We have work to do. People need to move uphill and retrain. For my part, I will work on the retraining. I am developing a source for free online retraining courses for Engineers. . I have listened to the first part of this speech but I'm not too impressed. . Naomi is good at getting people to jump on the Bandwagon but I am more concerned with steering the wagon in the proper direction. . I recommend that people go back to school. Consider this fact : China is now the biggest polluting country in the world and China is a Communist Dictatorship. Don't waste your energy attacking the wrong boogey man. . We must throw away our old sacred words, like : "The Economy" and "Growth." We need leaders who will stop giving the power to the Establishment Economists. These people and their paradigm/model are the problem. So far I haven't used the words 'Capitalism' or 'Socialism.' These concepts are no longer relevant.
Well big Oil and big energy ain't going to change. You have missed the point. The big problem is we have unelected folks who run the corporations who exclude the rest us in the decisions on life and death. We have failed because we need to do away with the old business structures that have exclusions on how the profits are shared. We need democratic worker co-operatives as the main business structure. No more slave and master system.
Johnny bizaro You seem to assume workers will be open to environmental issues. There are an awful lot of Conservatives and Don't-give-a-damns employed out there.
PacificCircle1 That is right. The folks who are conservative types can stay as slaves. The folks who want to be better paid can run their own democratic worker cooperatives.
PacificCircle1 I disagree because if the Co-op is successful and the people become better off the alternative then they will push for higher standards.
Johnny bizaro Diamond Foods used to be a grower co-operative, here in my city, yet I never heard them speak up for anything progressive. They fought unionization tooth and nail. If profits are the problem, then nor-for-profit would be a better way to go.
+Mike Woz But they don't need to silence her as long as they prevent people like Elizabeth May in Canada from taking part in meaningful political debates, or the talk in the media is focused on non-issues such as whether women should be allowed to wear a hijab or a niqab during a citizenship ceremony, or defeating "terror" wherever it may lurk. People will vote against their own self-interest time and again when simple, emotion-wrought wedge issues are created to inflame the hearts and minds of otherwise rational, thinking people.
+Mike Woz trillions at stake today pale in comparison with the trillions capital yet to be invested in either clean or dirty energy systems and the quads that will be generated by a new, lower economic price floor when clean wins: that's the opportunity defeating global warming represents, so let's get started. Consider a price on carbon as promoted by climate scientist James E. Hansen and peoplesclimate.org: "The way to phase down fossil emissions rapidly is via a rising carbon fee collected at domestic mines and ports of entry. Each nation can choose how to use the funds, but in most nations the funds had better be distributed to all legal residents. The carbon fee can be made near-global, because border duties would be collected on products from non-participating nations, a huge incentive for all nations to join."
I agree that clean energy systems need to be on an equal playing field. It's those in power that are giving subsidies too the dirty energy companies who fund their political platforms. Such a shift scares people from not having the disposable life they have created and we depend on. I really love her books!
+Mike Woz then someone will take her place, there is no need to reinforce defeat by believing and expressing destructive prophecy, laying the compulsion to do so to rest will serve everyone.
Naomi Klein knows what she is talking about - failing capitalism - as well as Stanley Aronowitz, Chris Hedges, Emmanuel Saez, Noam Chomsky, Richard Wilkinson, Robert Reich, Joseph Stiglitz, Paul Mason, Richard Wolff, David Harvey, Gar Alperovitz, Ernest Callenbach etc. We ougt to bay attention!!
A simple but completely radical distinction to be made in the conversation about capitalism is between earned and unearned income. Economists call unearned income "economic rent" and all forms of such unearned income starting with the income from ownership of land and natural resources which is the largest component of unearned income are estimated to be 40+% of GDP mostly owned by economic elites (the 1%) and the historical root cause of the disparity wealth. Since there are now no non-radical solutions left to address climate change the idea of shifting taxation off of earned incomes from labor wages and the profit of real unmonopolized capital invested in the real economy where real goods and services are produced onto economic rent/unearned income is a radical idea worth considering. There are no unintended negative consequences of taxing economic rent/unearned income and the potential fund available to take for public use is more than adequate all by itself to fund all levels of government and environmental remediation as long as need be. The good news is that taxing unearned income especially from ownership of land and natural resources removes the incentive for exploiting the earth (especially fossil fuels sources). This would speed up the incentive to move away from fossil fuels into renewables which is a major part of the result to be hoped for from any solutions to climate change radical or not. I assert that fossil fuels will only be abandoned when the unearned profit to made from exploiting them is removed and the only way to do that in a democracy is to tax those profits away as close 100% as possible. By the way economic rent is the flaw in capitalism that doesn't really belong to capitalism but is a hang over from feudalism. Capitalism might work really well once the free lunch of unearned incomes is dealt with.
How brilliant! this lady has done her homework and is willing to have the courage to speak the truth!!!! what an opportunity she is offering us - if only we'll take it!
I love her ideas and how she is putting capitalism in it's proper place, but there is no way we are steering away from the coming disaster. I hate to be a doomsdayer, but our exponential growth will only lead to a collapse. Nothing in nature grows exponentially without a collapse. That is the beautiful tragedy of capitalism. Grow Grow Grow. It is impossible to sustain. Keep up the hope Naomi, as for me the path is clear, none of us will change until we "hit bottom" with our addiction to dense energy. Fossil fuels are amazing, but an industrialized society is not compatible with planet earth. AND, holy cow people in the audience...how hard is it to ask a damn question?!!!
+aaronmizzou I feel sad to say this, but I agree that simply because of exponential grow and fiat money monetary system, the world is heading to catastrophe and climate change is unavoidable
Naomi is gold.
thank you Barbara
PROUT is what you need as an alternative socio-economic system.
An excellent logical lecture about the danger neo liberalism has put us allin
There is no central committee....scary
i think what that guy said about that we have to get in front of the consumers participation in fossil fuels is the way to go. the consumer is the fuel and i think that's where the change (through education of better systems to be implemented) has to start for the current systems to change led by one giant growing movement organization fuelled by more and more people. and the changes need to always be made with the reminding of the current goal of the whole model of the nation in relation with the globe so as to be cognisant of where we are at and where we are going which assists a collective in strengthening it's succinctness and establishing transparency so we are on the same page and discussion and processes move that much more fluid.
if we participate and fuel companies that don't desire abundance for all even if it means shared profits, resources and technology, then that's what we will get.
if we believe i'm just one person, there's no point in buying an electric vehicle, reducing purchases from destructive corporations and explore an alternate way of life, identity, joy, sustenance, in researching and supporting and advocating alternate sustainable and renewable materials and practices, then we will continue to fuel destruction until we look for something that is generative and are embracing to create joy and live that way.
This changes everything...except intellectuals insisting on monetizing their IP. Make your book & movie free-99 if their purpose is to spread the message. Some good ideas though
Mother Nature bats last but she has a firm grip on the bat and has a powerful swing.
Please investigate a resource based economy.
I can't imagine it's possible to have an economy that is not based on resources. As opposed to what, might I ask? An imagination based economy?
***** money is imaginary.
+Frank Flores You pwned the shit out of that guy^ ahaha
+Frank Flores But wow, what an imagination!
release those raw data and let others "run the numbers" instead of just obfuscating and hiding those data. if those data are true, then release them raw. Or one could just hide them and say "trust me".
We must eliminate every vehicle and house and start building only Tower cities connected to maglev Trains worldwide ASAP!
Why are all the audience members so incredibly bad at asking questions? I couldn't write more self-centered rants if I tried.
It looks like ONLY THE GREEN PARTY listened to what Naomi Klein was saying. Their platform was just unwittingly described here by Naomi.
We have work to do. People need to move uphill and retrain. For my part, I will work on the retraining. I am developing a source for free online retraining courses for Engineers. .
I have listened to the first part of this speech but I'm not too impressed. .
Naomi is good at getting people to jump on the Bandwagon but I am more concerned with steering the wagon in the proper direction.
. I recommend that people go back to school.
Consider this fact : China is now the biggest polluting country in the world and China is a Communist Dictatorship. Don't waste your energy attacking the wrong boogey man. .
We must throw away our old sacred words, like : "The Economy" and "Growth."
We need leaders who will stop giving the power to the Establishment Economists.
These people and their paradigm/model are the problem.
So far I haven't used the words 'Capitalism' or 'Socialism.' These concepts are no longer relevant.
Well big Oil and big energy ain't going to change. You have missed the point. The big problem is we have unelected folks who run the corporations who exclude the rest us in the decisions on life and death.
We have failed because we need to do away with the old business structures that have exclusions on how the profits are shared. We need democratic worker co-operatives as the main business structure.
No more slave and master system.
Johnny bizaro You seem to assume workers will be open to environmental issues. There are an awful lot of Conservatives and Don't-give-a-damns employed out there.
PacificCircle1 That is right. The folks who are conservative types can stay as slaves. The folks who want to be better paid can run their own democratic worker cooperatives.
Johnny bizaro Co-ops may improve management/labor issues, but environmental issues? No, co-op won't globally rewire individual's attitudes.
PacificCircle1
I disagree because if the Co-op is successful and the people become better off the alternative then they will push for higher standards.
Johnny bizaro Diamond Foods used to be a grower co-operative, here in my city, yet I never heard them speak up for anything progressive. They fought unionization tooth and nail.
If profits are the problem, then nor-for-profit would be a better way to go.
she is way too smart, i predict they will try to silence her, in what ever way they see fit. trillions of dollars are at stake.
+Mike Woz But they don't need to silence her as long as they prevent people like Elizabeth May in Canada from taking part in meaningful political debates, or the talk in the media is focused on non-issues such as whether women should be allowed to wear a hijab or a niqab during a citizenship ceremony, or defeating "terror" wherever it may lurk. People will vote against their own self-interest time and again when simple, emotion-wrought wedge issues are created to inflame the hearts and minds of otherwise rational, thinking people.
+Mike Woz trillions at stake today pale in comparison with the trillions capital yet to be invested in either clean or dirty energy systems and the quads that will be generated by a new, lower economic price floor when clean wins: that's the opportunity defeating global warming represents, so let's get started. Consider a price on carbon as promoted by climate scientist James E. Hansen and peoplesclimate.org: "The way to phase down fossil emissions rapidly is via a rising carbon fee collected at domestic mines and ports of entry. Each nation can choose how to use the funds, but in most nations the funds had better be distributed to all legal residents. The carbon fee can be made near-global, because border duties would be collected on products from non-participating nations, a huge incentive for all nations to join."
I agree that clean energy systems need to be on an equal playing field. It's those in power that are giving subsidies too the dirty energy companies who fund their political platforms. Such a shift scares people from not having the disposable life they have created and we depend on. I really love her books!
+Mike Woz then someone will take her place, there is no need to reinforce defeat by believing and expressing destructive prophecy, laying the compulsion to do so to rest will serve everyone.
How the hell does the world bank know what’s going to happen?...sorry, that statement just lost this viewer....can’t watch any more...