The way the media rush to personal attacks instead of asking intelligent questions is an own goal. The question about being a Marxist was really cringeworthy. I applaud Mick's confident composure.
Here here. I think one of the things we really need to demand of our media is that it plays the ball not the person and that we call out that kind of destructive contribution to the national debate.
Contact the advertisers on those channels and tell them you're boycotting their products until the TV show gets someone intelligent in asking intelligent questions so that Britain can improve.
I agree, mainstream media these days is quite pathetic. One of their tactics, though, is the old trick of "throw enough mud at the wall and some of it will stick" - the Tories effectively get millions in free advertising from their 'friends' in the media - except it isn't actually free, it's paid for on the "you scratch my back and i'll scratch yours" principle, the media owners get their tax loopholes left in place, are awarded profitable contracts etc etc
“I didn’t tell you you were working class I don’t even know your name “ - pure gold in its simplicity to highlight and dismantle attempt to label him a bully and them the victim , whilst also highlighting their idiocy 😂
I think it is important to add, that not only do Mick Lynch know his stuff. But perhaps even more crucial, he know how to explain it in a calm and easy to understand way. Without letting the wind bags derail him from his points
No matter how much the mainstream media try to discredit him, Mick Lynch is my hero for standing up to them so effectively! To my mind, it's not even about the lack of knowledge of most of the media presenters because there are some who do have knowledge; it's about their beliefs, which seem oddly to coincide with the beliefs of the millionaires and billionaires who are making the rest of us even poorer than we already are while they get even richer off our backs.
Could not agree more Gary. Im in the medical field and the amount of nonsense that is sprouted in the media about this sector is insane. It scares me because clearly I wont recognise the nonsense sprouted in other fields!
It's only when you hear them talking about an area you know well that you realise they know the square root of fuck all. Most media commentators are only fit to discuss the PR industry
This is why I don't watch or listen to the media anymore, outside of carefully picked RUclips channels and Private Eye. I'd rather be uninformed than misinformed in some areas.
After years of having difficulties making headway with positive change in my professional occupation, I eventually came to the same conclusion as Gary. So many people in so many walks of life who really don't understand the basic principles of their supposed area of expertise. It takes a bit of effort to study and to learn how to be analytical, so most people don't bother, and so fake their way through their working lives. When they come across an expert like Mick Lynch they all join forces to bully them and shout them down. What a strong, intelligent, composed, principled and articulate leader he is. If only our politicians had his capabilities to carry out their responsibilities for their portfolios.
Full credit to Mick Lynch and his members. They don't want to be put in this position but have to stand up for themselves. This is happening more and more this year, and will get bigger, as the cost of living crisis grows. Our government tries to tackle it but taxing the working class harder while allowing the rich to get richer!! Wait until the Autumn when the next price cap comes into play, we all spend more then on energy and have had another 3 or 4 months of rising food inflation too 😩
It's telling how the media have not invited him back on. The establishment saw someone that could rock the boat and our system's built-in reaction is to protect the status quo to ensure Mick or anyone else can't highlight or change how good those at the top have it.
Thanks for the channel Gary, i to got directed here from your piece with the Guardian. Great to hear your putting the information out there, you've got a incredible battle on your hands. I hope you don't get cancelled/deplatformed but part of your biggest struggle aswell is that population don't want to hear it. Looking forward to watching all your content over the next week 👍
I came here via a Guardian piece about this guy. I already watched a lot of videos on the Mick Lynch phenomenon but this is a great take from an economic perspective. Consider me subscribed.
@@virtualunreality8326 I genuinely get that, but it’s this culture of snark, snobbery, disdain and bubbles that’s stopping anything constructive from getting done.
Watching an actual expert school people on the news is incredibly satisfying. If you want to see an absolute master class in how to handle the mainstream watch Akala school Piers Morgan on knife crime. The guy is a force of nature.
I first heard your story on Saturday Live on Radio 4 and have been Sharing your videos and articles and generally just talking about what you’re saying as much as I can since. Keep going!
I think the reason Mick Lynch is successful is because he knows his subject inside out and is so sure of that that he cannot be intimidated. He is also a very experienced negotiator so dealing with hard heads is his bread and butter and the likes of Richard Madeley are anything but that.
Only 23,000 views???. This video and others like should be getting millions of views. there needs to be a major grass roots working class revolt against what’s happening but it is unfortunately only limited to various low paid workers strikes fronted by their respective trade unions. When you think back to the strikes of the 1980s the trade unions were much more powerful but they still lost….I see the same happening again…its a real shame. Oh yeah and this Channel is fantastic and I hope it grows into a sensation because there is no motive apart from making people aware of what the government with the help of the media are doing to the country.
If you cannot beat them then join them. Gary needs more mainstream tv exposure e.g. Question Time, Preston, Sunday shows etc to explain the problem. No one else is talking up inequality and the real reasons for this crisis.
Thank You, Gray, I have been watching your podcasts to understand the situation of why we have the situation we have now. Keep up the good work. It's much appreciated.
Great points on the media and the real experts such as Mick Lynch and many many others who never get on our TVs. We ae fed such s**t normally. Really enjoy your channel. Thanks .
Love what your doing, I'm poor ignorant of finance but not stupid and I figured out a long time ago that giving money to the already rich was a bad idea because they just stick in a bank/taxhaven where it benefits nobody, whereas a poor person given that same money will spend it benefiting the economy.
Good stuff, Gary. I also come from a discretionary trading background, mostly around energy and global freight. My son was 14 at the time of the 2008 crash of Lehmans, and he was fully conscious of how the events of those times had affected mine, and thus, his and his younger sisters' lives. A few years later he went off to Uni and studied Economics and Politics, He wound up joining an academic group called the "Post Crash Economics Society" that had its origins at manchester University. Their premis was simple. Why are we being taught the same economic dogma which has demonstrably failed time after time, when we have a case study right here, in real time, and yet it is barely discussed at all. We talked about this, and concluded that there was no way that the traditional economics establishment would do this because to do so would be an admission that everything that the faculties had been teaching for the past 40 odd years is bollocks, and would therefore be an admission by these same academics that they had wasted their academic lives.
Late comment here: You could see this happening within a couple of years of the ‘08/‘09 crash when the whole mess was rebranded as a “sovereign debt crisis” as if everyone had forgotten (or at least were ignoring) where those public funds had been spent. That’s when you had things like the (in)famous Reinhart-Rogoff paper (it even got its own Wikipedia page, “Growth in a Time of Depot”), which changed the conversation from one about systemic change in the light of ‘too big to fail” etc. to one about the “Big Gub’mint spending too much money” and hence the “turn to austerity”. The late Chalmers S. Johnson noted this tendency back in 2000 in his “Blowback: The Cost and Consequences of American Empire” when he pointed out that “mainstream economics” was increasingly beginning to resemble the kind of doctrinaire thinking that once characterised the USSR where everything had to fit the official version of Marxism-Leninism: “Economics split from the social sciences and took up a new position somewhere close to mathematics. Economists were now endlessly called upon by governmental bodies to testify that the American economy was unmatchable, even if it sometimes behaved badly because of overspending liberals, pork-barrel politics, or greedy monopolists. Alternatives to it were understood to be either converging with it or destined to fail. Economics no longer studied the economy; it spoke ex cathedra about what was orthodox and what was heresy. Meanwhile, empirical research on economic phenomena migrated to business schools, commercial think tanks, and the other social sciences.”
I think the media wanted to get him on..for one thing..to discredit and ridicule him…!! I have seen no interviews that actually want to focus on details of the strike and his wider criticisms of what’s happening with wages and workers rights.. ! They’ve scored an own goal for sure…! Gary. Keep on doing what you’re doing.. since watching your channel I’m much more inclined to challenge conversations I hear that just think the economy works like the money in our own bank account! The economy is not like an ordinary persons bank account! I’ve found out that there IS A MAGIC MONEY tree..that ..actually the economy is just political will at the end of the day… thanks for your talks.
Union action is the only reason rail workers get a decent income. Gary, you a right about needing to take money from the people who have gained massively during covid-19 and somehow circulate it to the people who have had a real decline in their income.
It's like with drug addict's. Britain has to hit rock bottom before they acknowledge what the problem is and turn around. Sadly, that means a lot of suffering and not everyone will make it.
The problem is the majority of politicians have in the past 40 years taken to the trickle-down mythology and libertarian capitalist thinking around the world. If you look closely you will see they all take backhanders in the for of political donations and advisory jobs after political life. The world economy is being run for the privileged by the minion politicians all but owned by those same privileged members of the community.
Would you be able to do a video on basic economics and how money should be divided. Or something to that effect. Something that highlights to the laman how the economy should work compared to how it is currently working. Your description on levelling up was good and broke it down to simple terms
he doesn't need to, any economy will fail that is not sustainable, and all the modern economies are based on - well crap. The trinity is just doomed to fail. The simple principle of economics is pure bullshit because it is doomed to fail. The trouble is economics is just a by product of social engineering
I have struggled to understand my own frustration with the media and I think you may have nailed it! Topical experts are not involved in the presentation or the debate. It’s crazy.
Nailed it regarding commentators in the media. Its funny/horrifying when you are the expert in a field and you hear the Minister or a media commentator discussing it and realise they are just winging it. But they have the platform to mis-lead people or simplify for a 30second sound bite.
I said this in another video, if you and Mick team up, then you'd both be nigh unstoppable to expose the corruption and discrepancies to the public, and likely get the strikes to succeed quicker. Also, you know when a person starts getting defensive or argues with personal attacks to someone's character, then their argument and credibility are now lost.
One thing i like about gary is hes an accomplished and rich person who knows what hes talking about and is letting everyone know what fools the people in charge, in the media and academia are and it sounds a lot better than when it comes from a pompous inflated windbag like myself
Would love to see you break down the lies and inaccuracies clip by clip. Kind of like a react video but with a whiteboard so smth. A bit like Novaro media do, but with your insights.
A lack of expertise isn't just a phenonmenon that is unique to the UK media. DW New in Germany (admittedly an underfunded state media outlet) reported that the Chinese economy grew 18% in Q1 2021 and everyone lost their minds about how great the Chinese had managed their response to COVID and controlled the economy, etc, I had to point out that the Chinese don't give out quarterly growth figures, but they compare them annually, so they were comparing regular 2021 growth figures with the negative growth from Jan 2020 when the country was effectively shut down. Zero actual analysis, and just underpaid hacks salivating over Impressive Big Numbers. The second thing is that there is there is a distinct lack of working class voices in the media. What has backfired most is that people like Richard Madely (who comments on GMB that the government "seem to have gotten away with it" when talking about the mistakes they made in the early days of the pandemic) and Kate Burley (suspended for 6 months from Sky News for breaking COVID rules that the rest of us were following in 2020) are trying to ride a wave of middle class outrage that just doesn't exist and they end up sounding more out of touch than the trade unions.
State media outlets are never underfunded they are the propaganda wing manipulating public opinion , and don’t think sky news or itv are any different. 2020 & 2021 proved it , not one mainstream outlet allowed a doctor or scientist on any program to voice an alternative opinion on covid .
I would definitely vote for Mick and Gary in the next election if they were to stand. We need politicians who actually know what they are talking about and could actually make our lives and our country better.
Thanks for the video(s) Gary. Any books that you'd recommend to help us understand the things you talk about better? Would appreciate something more general, rather than specific.
The govt give money to the rich during covid and the poor pay it back in taxes. The govt gives money to the poor during the current energy crises and the poor will still have to pay it back in taxes. Outrageous and unethical. I love listening to Mick Lynch and Gary, both very clever and honest 👍🏼
Like me, this guy studied at Oxford. He is my true Oxford student (we are b.t.w. legion), and not the David Camerons of our world. Cameron studied at Oxford, and then on graduation promptly forgot everything he'd learnt in favour of his own personal career. What I know, because I was there, is that students' "personal careers" are not something that in Oxford gets facultatively and therefore rigorously researched. Rather, the university serves involuntarily as a career dating agency. That is not its historic brief according to King Alfred the Great. The Camerons and Johnsons are only giving Oxford a bad name. They are not representative of the rest of us.
The power the billionaire establishment has is setting the frame - the unstated assumptions of what is acceptable. The main thing Mick Lynch does is refuse to accept the framing of the interviewer.
Hi Gary, hope you’re well. I’ve been watching your content for a while now, keep up the good work. I read your interview in the guardian yesterday and wondered whether you could share how you go about learning languages. Is there a particular company, resource etc that you recommend? I’d like to learn French and Spanish.
Well, this is an unexpected question, so I will take it! I lived in Japan 2012-2014 and I studied Japanese a lot when I was there, first with a teacher and then just from textbooks. Since I was living there I was using it a lot and I learnt through a natural combination of study and immersion/conversation. Learning a language in your own country is a bit harder, because you lack the immersion. Spanish and Italian are both languages that I have learnt since covid, largely using an app called Duolingo. A lot of people don't like Duolingo as a method, and I also think that it has a lot of weaknesses and doesn't work for a lot of people. What I would say about Duolingo, is that it is a very nice and easy way to introduce yourself to a new language, but that often some people need a bit more support than Duolingo offers for learning new/unfamiliar grammar structures. When I started using it (initially for Spanish), I had already studied a lot of French and a bit of Spanish at high school, so I already had a basic understanding of the grammar worked, and I had also learnt Japanese, which meant I was more familiar with learning new grammatical concepts. If you are not confident with grammar, you may need more support, for example from a textbook, a formal teacher, or a friend. The other weakness with Duolingo is that of course it gives you no conversation practice. In both Spanish and Italian I got to levels where I was very comfortable reading, but not comfortable in conversation. I spent a lot of time in Spain, Colombia and Italy and forced myself to use it (which was hard), and developed my conversation that way. But the jump from reading to actual conversation using Duolingo is very hard. Overall, I would say that, with learning a language, the first thing to recognise is that it is a long term project and it will take quite a bit of time and work to get to anything even approaching a conversational level. Once you accept that and are willing to take the time commitment, I honestly think that the most important thing is simply to find a method that you enjoy. That could be apps like Duolingo, textbooks, formal study with a teacher or an official course, watching netflix, listening to music, or talking with friends. Whatever method you choose though, you will have to do a lot of thinking and studying and research around your method to fill in gaps with grammar understanding, and, eventually, you will have to take the dive and try throwing yourself into conversations. If you don't have any friends you can talk to, there are often language meetups in big cities. If you find those nervewracking, you can use websites like "italki" to pay a small fee for conversation practice sessions online. Overall, learning a language is a big project, and it requires time and commitment, but it can be very rewarding. Pick a method that you enjoy and stick to it and you will get there in the end. Good luck!
@@garyseconomics Thanks for the in depth response, Gary, appreciate it! Let me try to reciprocate with something I could help you. I sense you are a bit frustrated that you have developed your RUclips channel, social media and general media output but you haven't managed to create a big campaign which puts pressure on politicians to implement the policies you wish to see implemented. Think of things you do and wish to do in your life via the OST framework. Objective, Strategy, Tactics. Right now I assume your Objective is a wealth tax implemented by the UK Chancellor and if possible across the G7. Your tactics are media appearances, Guardian article, podcasts, LBC, Twitter etc. But what you are lacking is a strategy. Check out, Winners by Alastair Campbell - its a book. I think you might find it useful. Keep up the good work and thanks again for the reply!
There are professional, highly-trained economists-even many economists with far more knowledge than Gary-that disagree with him, though. I agree with Gary, but he sometimes makes it seem like everyone who "knows what they're talking about" agrees with him, and that's not necessarily the case.
These professional, highly trained economists have been wrong year after year while gary made millions betting against their nonsense. Gary has credibility
Well done Gary for letting the people know how the Tories are screwing the working class all working people have a right to have a decent wage to live on to heat their homes and put food on the table
Because he cuts through the bullshit that is sold to the public by the corporate press? And because of his position as a union leader, they have to have him on.
Welcome back to Little Pickles Economics a Comments podcast where I piggy back on Garys work and shed some light on how the other third live. I was talking to my new friend Kyle on the Nile ( he sleeps on a urine soaked mattress ) in beautiful downtown St. Pete. , South Carolina and I says to Kyle " Kyle I says how do you get by on $4.46 a month" and he lets me in on a little secret, put your cans out at night and let the cars run over and flatten them giving you more room in your shopping cart, Brilliant I says.. Well thanks for listening God Bless and may your Aluminum be gold.
finally, are we going to start talking about the fairer distribution of capital. the media has been resisting this stuff for years chomsky was right years ago with "manufacturing consent' btw - a large part of the inflation problem stems from price gouging by med to large companies under the cover of stimulus spending
What strikes me (pun intended) is that the media always take the side of the company and government and never the side of the workers. It is utterly biased and Mick destroys them every time.
Would you use your platform to raise awareness about the main reason behind a lot of what is going on in the world, ie being the collapse of our Fiat Currency?
The way the media rush to personal attacks instead of asking intelligent questions is an own goal. The question about being a Marxist was really cringeworthy. I applaud Mick's confident composure.
Here here. I think one of the things we really need to demand of our media is that it plays the ball not the person and that we call out that kind of destructive contribution to the national debate.
Contact the advertisers on those channels and tell them you're boycotting their products until the TV show gets someone intelligent in asking intelligent questions so that Britain can improve.
I agree, mainstream media these days is quite pathetic. One of their tactics, though, is the old trick of "throw enough mud at the wall and some of it will stick" - the Tories effectively get millions in free advertising from their 'friends' in the media - except it isn't actually free, it's paid for on the "you scratch my back and i'll scratch yours" principle, the media owners get their tax loopholes left in place, are awarded profitable contracts etc etc
“I didn’t tell you you were working class I don’t even know your name “ - pure gold in its simplicity to highlight and dismantle attempt to label him a bully and them the victim , whilst also highlighting their idiocy 😂
This man should be the economic advisor on every news outlet
Do you know who owns the news outlets?
@@markbright662 yes trillionaires
I think it is important to add, that not only do Mick Lynch know his stuff. But perhaps even more crucial, he know how to explain it in a calm and easy to understand way. Without letting the wind bags derail him from his points
Mick Lynch is great. He knows his stuff and hits them with facts calmly. 👍😀
No matter how much the mainstream media try to discredit him, Mick Lynch is my hero for standing up to them so effectively!
To my mind, it's not even about the lack of knowledge of most of the media presenters because there are some who do have knowledge; it's about their beliefs, which seem oddly to coincide with the beliefs of the millionaires and billionaires who are making the rest of us even poorer than we already are while they get even richer off our backs.
Beliefs = Ideological orthodoxy and class solidity
Could not agree more Gary. Im in the medical field and the amount of nonsense that is sprouted in the media about this sector is insane. It scares me because clearly I wont recognise the nonsense sprouted in other fields!
Well I can't speak for other fields, but stick around here for economics and I will try my best to not lead you wrong!
It's only when you hear them talking about an area you know well that you realise they know the square root of fuck all. Most media commentators are only fit to discuss the PR industry
This is why I don't watch or listen to the media anymore, outside of carefully picked RUclips channels and Private Eye. I'd rather be uninformed than misinformed in some areas.
After years of having difficulties making headway with positive change in my professional occupation, I eventually came to the same conclusion as Gary. So many people in so many walks of life who really don't understand the basic principles of their supposed area of expertise. It takes a bit of effort to study and to learn how to be analytical, so most people don't bother, and so fake their way through their working lives. When they come across an expert like Mick Lynch they all join forces to bully them and shout them down. What a strong, intelligent, composed, principled and articulate leader he is. If only our politicians had his capabilities to carry out their responsibilities for their portfolios.
I'd love to see you have a talk with Mick Lynch, talking about what people can do. 🤞
Mick knows his stuff, however he explains it in a way, people can understand. That is the reason Mick is so successful.
Full credit to Mick Lynch and his members. They don't want to be put in this position but have to stand up for themselves.
This is happening more and more this year, and will get bigger, as the cost of living crisis grows. Our government tries to tackle it but taxing the working class harder while allowing the rich to get richer!!
Wait until the Autumn when the next price cap comes into play, we all spend more then on energy and have had another 3 or 4 months of rising food inflation too 😩
He’s brilliant.
He has a laser like focus on what the issue is and won’t be deviated from it.
It's telling how the media have not invited him back on.
The establishment saw someone that could rock the boat and our system's built-in reaction is to protect the status quo to ensure Mick or anyone else can't highlight or change how good those at the top have it.
They're pretending he doesn't exist, ha ha - Mick who? Never heard of him!
Great work Gary don't give up the people need heroes like yourself that are prepared to stand and talk for the people with no voice 😎👍
Thanks for the channel Gary, i to got directed here from your piece with the Guardian. Great to hear your putting the information out there, you've got a incredible battle on your hands. I hope you don't get cancelled/deplatformed but part of your biggest struggle aswell is that population don't want to hear it. Looking forward to watching all your content over the next week 👍
I came here via a Guardian piece about this guy. I already watched a lot of videos on the Mick Lynch phenomenon but this is a great take from an economic perspective. Consider me subscribed.
@@virtualunreality8326 Well you’re here too.
@@virtualunreality8326 I genuinely get that, but it’s this culture of snark, snobbery, disdain and bubbles that’s stopping anything constructive from getting done.
Because mick lynch speaks sense and comes across as been sincere which is prepared to answer back to the establishment, good on him I say
Thank you Gary
Power to you brother.
Mick holds them is up to 💡 light and it’s so laugh out loud and heartening
Watching an actual expert school people on the news is incredibly satisfying. If you want to see an absolute master class in how to handle the mainstream watch Akala school Piers Morgan on knife crime. The guy is a force of nature.
I first heard your story on Saturday Live on Radio 4 and have been Sharing your videos and articles and generally just talking about what you’re saying as much as I can since. Keep going!
I think the reason Mick Lynch is successful is because he knows his subject inside out and is so sure of that that he cannot be intimidated. He is also a very experienced negotiator so dealing with hard heads is his bread and butter and the likes of Richard Madeley are anything but that.
Mick is fast becoming a legend
Only 23,000 views???. This video and others like should be getting millions of views. there needs to be a major grass roots working class revolt against what’s happening but it is unfortunately only limited to various low paid workers strikes fronted by their respective trade unions. When you think back to the strikes of the 1980s the trade unions were much more powerful but they still lost….I see the same happening again…its a real shame.
Oh yeah and this Channel is fantastic and I hope it grows into a sensation because there is no motive apart from making people aware of what the government with the help of the media are doing to the country.
Mick is a hero to the working class
I love Mick Lynch and you Gary. Heroes, please keep it up!!!
i think Gary should have a sit down and conversation with ML . I think that would be a amazing vid.
If you cannot beat them then join them. Gary needs more mainstream tv exposure e.g. Question Time, Preston, Sunday shows etc to explain the problem. No one else is talking up inequality and the real reasons for this crisis.
Thanks Gary. I started watching your channel yesterday and already I have learned so much!
Being a huge fan of Mick and working in the main stream media, lots of the comments you made are so true.
Thank You, Gray, I have been watching your podcasts to understand the situation of why we have the situation we have now.
Keep up the good work. It's much appreciated.
Found you today. Great work and thanks.
Great points on the media and the real experts such as Mick Lynch and many many others who never get on our TVs. We ae fed such s**t normally. Really enjoy your channel. Thanks .
Shame we don't have people like you on main stream media. Then people would be more clued up instead of believing the lies.
Keep up the great videos
Mick Lynch is a legend
Your voice is so important to ordinary people
Love what your doing, I'm poor ignorant of finance but not stupid and I figured out a long time ago that giving money to the already rich was a bad idea because they just stick in a bank/taxhaven where it benefits nobody, whereas a poor person given that same money will spend it benefiting the economy.
Good stuff, Gary. I also come from a discretionary trading background, mostly around energy and global freight. My son was 14 at the time of the 2008 crash of Lehmans, and he was fully conscious of how the events of those times had affected mine, and thus, his and his younger sisters' lives. A few years later he went off to Uni and studied Economics and Politics, He wound up joining an academic group called the "Post Crash Economics Society" that had its origins at manchester University. Their premis was simple. Why are we being taught the same economic dogma which has demonstrably failed time after time, when we have a case study right here, in real time, and yet it is barely discussed at all. We talked about this, and concluded that there was no way that the traditional economics establishment would do this because to do so would be an admission that everything that the faculties had been teaching for the past 40 odd years is bollocks, and would therefore be an admission by these same academics that they had wasted their academic lives.
Late comment here: You could see this happening within a couple of years of the ‘08/‘09 crash when the whole mess was rebranded as a “sovereign debt crisis” as if everyone had forgotten (or at least were ignoring) where those public funds had been spent.
That’s when you had things like the (in)famous Reinhart-Rogoff paper (it even got its own Wikipedia page, “Growth in a Time of Depot”), which changed the conversation from one about systemic change in the light of ‘too big to fail” etc. to one about the “Big Gub’mint spending too much money” and hence the “turn to austerity”.
The late Chalmers S. Johnson noted this tendency back in 2000 in his “Blowback: The Cost and Consequences of American Empire” when he pointed out that “mainstream economics” was increasingly beginning to resemble the kind of doctrinaire thinking that once characterised the USSR where everything had to fit the official version of Marxism-Leninism:
“Economics split from the social sciences and took up a new position somewhere close to mathematics.
Economists were now endlessly called upon by governmental bodies to testify that the American economy was unmatchable, even if it sometimes behaved badly because of overspending liberals, pork-barrel politics, or greedy monopolists. Alternatives to it were understood to be either converging with it or destined to fail.
Economics no longer studied the economy; it spoke ex cathedra about what was orthodox and what was heresy.
Meanwhile, empirical research on economic phenomena migrated to business schools, commercial think tanks, and the other social sciences.”
I think the media wanted to get him on..for one thing..to discredit and ridicule him…!! I have seen no interviews that actually want to focus on details of the strike and his wider criticisms of what’s happening with wages and workers rights.. ! They’ve scored an own goal for sure…! Gary. Keep on doing what you’re doing.. since watching your channel I’m much more inclined to challenge conversations I hear that just think the economy works like the money in our own bank account! The economy is not like an ordinary persons bank account! I’ve found out that there IS A MAGIC MONEY tree..that ..actually the economy is just political will at the end of the day… thanks for your talks.
Union action is the only reason rail workers get a decent income.
Gary, you a right about needing to take money from the people who have gained massively during covid-19 and somehow circulate it to the people who have had a real decline in their income.
Love listening to this guy I am sharing his videos
It's like with drug addict's. Britain has to hit rock bottom before they acknowledge what the problem is and turn around. Sadly, that means a lot of suffering and not everyone will make it.
The problem is the majority of politicians have in the past 40 years taken to the trickle-down mythology and libertarian capitalist thinking around the world. If you look closely you will see they all take backhanders in the for of political donations and advisory jobs after political life. The world economy is being run for the privileged by the minion politicians all but owned by those same privileged members of the community.
@@kristyanafinch9789 That's what I call Corruption.
Gary watching his dad dropping that daily heat!
Enjoyed this video very much 👌.
Like the 3rd person perspective / format. Good comments on media interviews too.
Great as always man!
Would you be able to do a video on basic economics and how money should be divided. Or something to that effect. Something that highlights to the laman how the economy should work compared to how it is currently working. Your description on levelling up was good and broke it down to simple terms
he doesn't need to, any economy will fail that is not sustainable, and all the modern economies are based on - well crap. The trinity is just doomed to fail. The simple principle of economics is pure bullshit because it is doomed to fail. The trouble is economics is just a by product of social engineering
I have struggled to understand my own frustration with the media and I think you may have nailed it! Topical experts are not involved in the presentation or the debate. It’s crazy.
Mick Lynch is different gravy, wipes the floor with greedy MPs and bias media
I look forward to every Mick Lynch instalment on the TV 😂
Keep going, Garry and thank you!
Nailed it regarding commentators in the media. Its funny/horrifying when you are the expert in a field and you hear the Minister or a media commentator discussing it and realise they are just winging it. But they have the platform to mis-lead people or simplify for a 30second sound bite.
This video has a beautiful vibe and editing, very well done!!! 🔥🤙
I said this in another video, if you and Mick team up, then you'd both be nigh unstoppable to expose the corruption and discrepancies to the public, and likely get the strikes to succeed quicker.
Also, you know when a person starts getting defensive or argues with personal attacks to someone's character, then their argument and credibility are now lost.
Very interesting insight .
Excellent ❤
Great video mate
Thanks Andy
I love Mick Lynch!
One thing i like about gary is hes an accomplished and rich person who knows what hes talking about and is letting everyone know what fools the people in charge, in the media and academia are and it sounds a lot better than when it comes from a pompous inflated windbag like myself
😂 This was exactly my morning routine during lockdown watching Piers Morgan
Would love to see you break down the lies and inaccuracies clip by clip. Kind of like a react video but with a whiteboard so smth. A bit like Novaro media do, but with your insights.
Richard did a very good impression of Alan Partridge
A lack of expertise isn't just a phenonmenon that is unique to the UK media. DW New in Germany (admittedly an underfunded state media outlet) reported that the Chinese economy grew 18% in Q1 2021 and everyone lost their minds about how great the Chinese had managed their response to COVID and controlled the economy, etc, I had to point out that the Chinese don't give out quarterly growth figures, but they compare them annually, so they were comparing regular 2021 growth figures with the negative growth from Jan 2020 when the country was effectively shut down. Zero actual analysis, and just underpaid hacks salivating over Impressive Big Numbers.
The second thing is that there is there is a distinct lack of working class voices in the media. What has backfired most is that people like Richard Madely (who comments on GMB that the government "seem to have gotten away with it" when talking about the mistakes they made in the early days of the pandemic) and Kate Burley (suspended for 6 months from Sky News for breaking COVID rules that the rest of us were following in 2020) are trying to ride a wave of middle class outrage that just doesn't exist and they end up sounding more out of touch than the trade unions.
State media outlets are never underfunded they are the propaganda wing manipulating public opinion , and don’t think sky news or itv are any different.
2020 & 2021 proved it , not one mainstream outlet allowed a doctor or scientist on any program to voice an alternative opinion on covid .
I’d be interested to see some videos where you take a specific snippet of economic coverage and technically debunk their twaddle?
Yes please.
"I'm all in favour of celebrity drivel, escapist fiction and media handouts in a general sense, but why call it news?"
- John Clarke
I would definitely vote for Mick and Gary in the next election if they were to stand. We need politicians who actually know what they are talking about and could actually make our lives and our country better.
Terrific, good job innovating delivery of content
Another great insight Gary 👍
The £450 billion. Was it for covid contracts or to energy companies? I dont doubt Gary at all I just need.ny facts straight when debating!
Thanks for the video(s) Gary. Any books that you'd recommend to help us understand the things you talk about better? Would appreciate something more general, rather than specific.
The govt give money to the rich during covid and the poor pay it back in taxes. The govt gives money to the poor during the current energy crises and the poor will still have to pay it back in taxes. Outrageous and unethical. I love listening to Mick Lynch and Gary, both very clever and honest 👍🏼
Middle class & upper class pay it
Team up
Like me, this guy studied at Oxford. He is my true Oxford student (we are b.t.w. legion), and not the David Camerons of our world. Cameron studied at Oxford, and then on graduation promptly forgot everything he'd learnt in favour of his own personal career. What I know, because I was there, is that students' "personal careers" are not something that in Oxford gets facultatively and therefore rigorously researched. Rather, the university serves involuntarily as a career dating agency. That is not its historic brief according to King Alfred the Great. The Camerons and Johnsons are only giving Oxford a bad name. They are not representative of the rest of us.
Who watches or reads our media any more, there is nothing to be gained
The power the billionaire establishment has is setting the frame - the unstated assumptions of what is acceptable. The main thing Mick Lynch does is refuse to accept the framing of the interviewer.
Spot on. Exactly right. They set the story too.
I wish we had a Mick here in the U.S., although, we do have Chris Smalls, so perhaps we do. Oh, wouldn't that be a fun get together. 😉
really like your stuff could be cool to do some slightly more complex stuff about the reality of the stock market
I would vote for you.
Hi Gary, hope you’re well. I’ve been watching your content for a while now, keep up the good work. I read your interview in the guardian yesterday and wondered whether you could share how you go about learning languages. Is there a particular company, resource etc that you recommend? I’d like to learn French and Spanish.
Well, this is an unexpected question, so I will take it! I lived in Japan 2012-2014 and I studied Japanese a lot when I was there, first with a teacher and then just from textbooks. Since I was living there I was using it a lot and I learnt through a natural combination of study and immersion/conversation.
Learning a language in your own country is a bit harder, because you lack the immersion. Spanish and Italian are both languages that I have learnt since covid, largely using an app called Duolingo. A lot of people don't like Duolingo as a method, and I also think that it has a lot of weaknesses and doesn't work for a lot of people.
What I would say about Duolingo, is that it is a very nice and easy way to introduce yourself to a new language, but that often some people need a bit more support than Duolingo offers for learning new/unfamiliar grammar structures. When I started using it (initially for Spanish), I had already studied a lot of French and a bit of Spanish at high school, so I already had a basic understanding of the grammar worked, and I had also learnt Japanese, which meant I was more familiar with learning new grammatical concepts. If you are not confident with grammar, you may need more support, for example from a textbook, a formal teacher, or a friend.
The other weakness with Duolingo is that of course it gives you no conversation practice. In both Spanish and Italian I got to levels where I was very comfortable reading, but not comfortable in conversation. I spent a lot of time in Spain, Colombia and Italy and forced myself to use it (which was hard), and developed my conversation that way. But the jump from reading to actual conversation using Duolingo is very hard.
Overall, I would say that, with learning a language, the first thing to recognise is that it is a long term project and it will take quite a bit of time and work to get to anything even approaching a conversational level. Once you accept that and are willing to take the time commitment, I honestly think that the most important thing is simply to find a method that you enjoy. That could be apps like Duolingo, textbooks, formal study with a teacher or an official course, watching netflix, listening to music, or talking with friends. Whatever method you choose though, you will have to do a lot of thinking and studying and research around your method to fill in gaps with grammar understanding, and, eventually, you will have to take the dive and try throwing yourself into conversations. If you don't have any friends you can talk to, there are often language meetups in big cities. If you find those nervewracking, you can use websites like "italki" to pay a small fee for conversation practice sessions online.
Overall, learning a language is a big project, and it requires time and commitment, but it can be very rewarding. Pick a method that you enjoy and stick to it and you will get there in the end. Good luck!
@@garyseconomics Thanks for the in depth response, Gary, appreciate it!
Let me try to reciprocate with something I could help you. I sense you are a bit frustrated that you have developed your RUclips channel, social media and general media output but you haven't managed to create a big campaign which puts pressure on politicians to implement the policies you wish to see implemented.
Think of things you do and wish to do in your life via the OST framework. Objective, Strategy, Tactics.
Right now I assume your Objective is a wealth tax implemented by the UK Chancellor and if possible across the G7. Your tactics are media appearances, Guardian article, podcasts, LBC, Twitter etc. But what you are lacking is a strategy.
Check out, Winners by Alastair Campbell - its a book. I think you might find it useful.
Keep up the good work and thanks again for the reply!
@@garyseconomics what an amazing answer.
It amazes me that large companies , mainly internet companies etc use 3.9% plus CPI to increase their prices.
Great vid. Love the voyeuristic breakfast! 🤦🏻♂️😂
Thanks for all you do, Gary
Mick Lynch for Priminister!!!
Can we get you and Mick to stand for labour somewhere. We need lots of people to hear what you're saying.
Gary promised me earlier that if anyone buys my mum’s house he’ll help me do in their car windows
There are professional, highly-trained economists-even many economists with far more knowledge than Gary-that disagree with him, though. I agree with Gary, but he sometimes makes it seem like everyone who "knows what they're talking about" agrees with him, and that's not necessarily the case.
These professional, highly trained economists have been wrong year after year while gary made millions betting against their nonsense. Gary has credibility
Well done Gary for letting the people know how the Tories are screwing the working class all working people have a right to have a decent wage to live on to heat their homes and put food on the table
Swear to you I watched all of them and absolute fire🔥
Common sense !!!
Because he cuts through the bullshit that is sold to the public by the corporate press? And because of his position as a union leader, they have to have him on.
When the establishment/msm axis play the man, you know the working class message is getting through
Good on you mate... I worked my whole life in media and it is just a show ... About as realistic as Boris.Jhonsons oven ready brexit
Gary, what are you cooking there? It looks interesting.
The media in this country is completely embarrassing
👍🍻 Gary
Welcome back to Little Pickles Economics a Comments podcast where I piggy back on Garys work and shed some light on how the other third live. I was talking to my new friend Kyle on the Nile ( he sleeps on a urine soaked mattress ) in beautiful downtown St. Pete. , South Carolina and I says to Kyle " Kyle I says how do you get by on $4.46 a month" and he lets me in on a little secret, put your cans out at night and let the cars run over and flatten them giving you more room in your shopping cart, Brilliant I says.. Well thanks for listening God Bless and may your Aluminum be gold.
finally, are we going to start talking about the fairer distribution of capital.
the media has been resisting this stuff for years
chomsky was right years ago with "manufacturing consent'
btw - a large part of the inflation problem stems from price gouging by med to large companies under the cover of stimulus spending
You should share a platform with Mick, Owen Jones, Ash Shakar and Aaron.
What strikes me (pun intended) is that the media always take the side of the company and government and never the side of the workers. It is utterly biased and Mick destroys them every time.
You mean the mainstream media !!
Never heard of mick lynch until this vid
Would you use your platform to raise awareness about the main reason behind a lot of what is going on in the world, ie being the collapse of our Fiat Currency?
Neoliberalism.
Mick Lynch is getting so much attention because he's right. Move on.