I had the privilege of meeting the humble Paul Collier on a bus in Oxford earlier this year. We spoke for a few minutes - mainly about Michael Sandel. I've just finished reading "The Left Behind", and loved the key philosophical principles underpinning the book - the emphasis on the importance of community cohesion and collective well-being, the moral obligation of both governments and the more prosperous to help those left behind, and the limits of democracy to ensure an inclusive state. A very important book for anybody interested in addressing the problems of marginalised communities across both the Global North and the Global South❤
Thanks so much for the thoughtful and thought provoking input Adhilmarahjh5697. Share with anyone you feel could benefit from hearing Paul's fascinating perspectives and idea's, your input is much appreciated, lets get this book in front of as many people as possible, and thanks once again x Conor
@@Conor-Ryan I'm already well into incessantly recommending this insightful book to everyone I know who reads - especially forcefully to those that I convinced to read Michael Sandels' two great books on similar topics- "What Money Can't Buy: The Moral Limits of Markets" and "The Tyranny of Merit: What's Become the Common Good?"❤
I think you both hit a nerve with the situation of the working and struggling classes.. without going hard right, it’s possible to bring back the old cause of class, of which all of the other minority causes are a subset, that’s why socialists were socially liberal. The decline of socialism has fragmented the excluded minority, making them battle each other in the streets, instead of the real opposition, what one economist has called “the insiders”.
This conversation with Paul has me contemplating W.B Yeats and "The Second Coming" Matt, in particular the following lines: "Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, ................................................................. The best lack all conviction, while the worst Are full of passionate intensity. .......................................................................... And what rough beast, its hour come round at last, Slouches towards Bethlehem to be born? "
@@Conor-Ryan That is not true. Anarchy has never been a thing. Otherwise, we would have ANCAP societies. Which are free market and no state. In the past warlords ruled over areas and would steal.
Groups can uplift themselves by changing their deep culture. Rwanda was the poorest country in the world in 1994. Now Rwanda is the fastest growing economy in the world and improving rapidly. And will soon have 5 times the per capita income as neighboring Burundi. Versus having 2/3rds Burundi's per capita income in 1994. Rwanda achieved this stunning success by cultural transformation and hard work.
Paul descibes the Rwanda story in "Left Behind" - inspiring to see and read! Thanks for the input and feel free to share the video with anyone you feel could benefit from hearing the idea's Thanks for the support :)
Most of man's recent and not so recent past, is characterised by random events which throw best laid plans of kings, or paupers asunder. 😊We like to think of ourselves in control of events around us. Life teaches us different 😮
Understand the impacts of 1.5°C global warming above pre-industrial levels and related global emission pathways in the context of strengthening the response to the threat of climate change, sustainable development and efforts to eradicate poverty.
Interesting perpsective Socialcreditmanager, thanks for the input - feel free to share with anyone you feel could benefit from hearing Paul's idea's or even those who disagree completely. I welcome a healthy robust debate and exchange of idea's Thanks again for the input Conor
Humans are social and collaborative. Isn't this why freedom of action with neutral arbiters (capitalism) generally works. In the east, this school of thought was called the school of Venus. Capitalism inflected by some societal and governmental intervention also works. [The eastern school of thought of capitalism + mass free education = school of Jupiter. There were other ancient eastern schools of thought on economics involved other types of societal and governmental intervention.] To my mind, a deep culture that facilitates self-actualization, perfection, excellence leads to high socio-economic outcomes.
No, it isn't. As of 2024, the countries with the highest levels of income inequality, as measured by their Gini coefficients, are:South Africa - Gini Coefficient: 63.0Namibia - Gini Coefficient: 59.1Suriname - Gini Coefficient: 57.9Zambia - Gini Coefficient: 57.1Sao Tome and Principe - Gini Coefficient: 56.3Central African Republic - Gini Coefficient: 56.2Eswatini (Swaziland) - Gini Coefficient: 54.6Mozambique - Gini Coefficient: 54.0Brazil - Gini Coefficient: 53.4Botswana - Gini Coefficient: 53.3
12:47 it wasn't that the market knows best it's that individuals know best. You are so dishonest. Individuals could make decisions rather than a centralized command economy. That Ludwig Von mises debunks.
This is all very well but when I listen to well made arguments in discussions like these by individuals with insight like yourselves, I think to myself why weren’t you an MP in parliament or the lords speaking up about these issue when they occur, instead of barking from the sidelines after the dingy has capsized. Captain hindsight springs to mind. I don’t mean to be disparaging but we need level headed individuals like yourselves to be standing up and being counted and making a difference otherwise we are led by a bunch of donkies in the shape of Boris Johnson and Liz Truss plus most of the modern Tory party, either them or they are psychopaths like Suala Bravaman, Gavin Williamson, Jacob Reece Mog and Priti Patel
Thanks for the input Dawn Razor - I understand the frustration. W.B Yeats famously wrote" The best lack all conviction, while the worst Are full of passionate intensity." - The 2nd Coming Both myself and Paul really appreciate your input and are listening, I assure you. Feel free to share with anyone you think might benefit from hearing Paul's idea's Thanks again for the input Conor
11:17 Well we have Nobel prize winners too that say free market laissez-faire capitalism works. So your typical boomer response of appeal to authority doesn't work. F. A Hayek is also a noble prize winner so your argument is trash. And logical fallacy appeal to authority.
@@DJWESG1 Your question is vague. Under free market laissez-faire, the individualist works himself. Right now in the progressive (AKA socialists by another name) which our societies in the West are right now. We work for the government everyone is done by paying taxes. With the highest earners being charged the most. Since the lowest earners don't pay taxes and receive welfare/hospital care, State cronyism is the state working with businesses to choose its monopoly corporations. And yes Italian fascism called these corporations rather than syndicates like the USSR did. But they are the same.
@@DJWESG1 Tell me who works for who? Under socialism, you work for the elite. Under "democracy/republics" you work for the elite. I suggest you read books like Murray Rothbard of check out Mises Institute. Every country that exists is based on Plato's idea. Of the Top-down Hierarchy. Where as Aristotle. was against this he said the state should be at the bottom of the pyramid with the people at the top.
@@DJWESG1 Free market has no rulers. And since Laissez-faire means the government is separate from the economy. It means the state can't choose winners. When the state and Nationalized bank. Can pick winners and losers. The state rules. And every business needs to cosy up to the state for survival.
I had the privilege of meeting the humble Paul Collier on a bus in Oxford earlier this year. We spoke for a few minutes - mainly about Michael Sandel. I've just finished reading "The Left Behind", and loved the key philosophical principles underpinning the book - the emphasis on the importance of community cohesion and collective well-being, the moral obligation of both governments and the more prosperous to help those left behind, and the limits of democracy to ensure an inclusive state. A very important book for anybody interested in addressing the problems of marginalised communities across both the Global North and the Global South❤
Thanks so much for the thoughtful and thought provoking input Adhilmarahjh5697. Share with anyone you feel could benefit from hearing Paul's fascinating perspectives and idea's, your input is much appreciated, lets get this book in front of as many people as possible, and thanks once again x Conor
@@Conor-Ryan I'm already well into incessantly recommending this insightful book to everyone I know who reads - especially forcefully to those that I convinced to read Michael Sandels' two great books on similar topics- "What Money Can't Buy: The Moral Limits of Markets" and "The Tyranny of Merit: What's Become the Common Good?"❤
My eyes never were more widely open 👀
Thumbs Up 👍! Excellent Video!!!❤
Impressive & differentiated thinking. Thank you for this interview
Our pleasure! don't forget to share with anyone you feel could benefit from the idea's and thanks again for the support :)
You wouldn't mind paying tax if you could trust them not to squander it.
China appears to have learned a lot across systems.
I think you both hit a nerve with the situation of the working and struggling classes.. without going hard right, it’s possible to bring back the old cause of class, of which all of the other minority causes are a subset, that’s why socialists were socially liberal. The decline of socialism has fragmented the excluded minority, making them battle each other in the streets, instead of the real opposition, what one economist has called “the insiders”.
This conversation with Paul has me contemplating W.B Yeats and "The Second Coming" Matt, in particular the following lines:
"Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
.................................................................
The best lack all conviction, while the worst Are full of passionate intensity.
..........................................................................
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born? "
@@Conor-Ryan That is not true. Anarchy has never been a thing. Otherwise, we would have ANCAP societies. Which are free market and no state. In the past warlords ruled over areas and would steal.
Groups can uplift themselves by changing their deep culture.
Rwanda was the poorest country in the world in 1994. Now Rwanda is the fastest growing economy in the world and improving rapidly. And will soon have 5 times the per capita income as neighboring Burundi. Versus having 2/3rds Burundi's per capita income in 1994.
Rwanda achieved this stunning success by cultural transformation and hard work.
Paul descibes the Rwanda story in "Left Behind" - inspiring to see and read!
Thanks for the input and feel free to share the video with anyone you feel could benefit from hearing the idea's
Thanks for the support :)
Absolutely it is.
It has been that since the industrial revolution.
Most of man's recent and not so recent past, is characterised by random events which throw best laid plans of kings, or paupers asunder. 😊We like to think of ourselves in control of events around us. Life teaches us different 😮
U.K. is finished
Interesting
Thanks for the input Marlbankian and feel free to share the video with anyone you feel could benefit from hearing the idea's
@@Conor-Ryan I will share for sure. We all need to know how subtle has been the manipulation of the western minds .
Theodore Roosevelt did the same as Cole to get the USA out of the Great Depression.
London was, is and aways shall be the beating heart of England.
It's not even part of England.
It's actually the parasite of Britain
Many children and teenagers have wisdom, judgement and prudence. Why is this?
We've killed off common sense for feelings
Understand the impacts of 1.5°C global warming above pre-industrial levels and related global emission pathways in the context of strengthening the response to the threat of climate change, sustainable development and efforts to eradicate poverty.
Interesting perpsective Socialcreditmanager, thanks for the input - feel free to share with anyone you feel could benefit from hearing Paul's idea's or even those who disagree completely. I welcome a healthy robust debate and exchange of idea's
Thanks again for the input
Conor
11:04? examples? the UK has been socialist since before WW2, when the state took over all private industry. In 1946 labour socialism came in.
Humans are social and collaborative. Isn't this why freedom of action with neutral arbiters (capitalism) generally works. In the east, this school of thought was called the school of Venus.
Capitalism inflected by some societal and governmental intervention also works. [The eastern school of thought of capitalism + mass free education = school of Jupiter. There were other ancient eastern schools of thought on economics involved other types of societal and governmental intervention.]
To my mind, a deep culture that facilitates self-actualization, perfection, excellence leads to high socio-economic outcomes.
No, it isn't.
As of 2024, the countries with the highest levels of income inequality, as measured by their Gini coefficients, are:South Africa - Gini Coefficient: 63.0Namibia - Gini Coefficient: 59.1Suriname - Gini Coefficient: 57.9Zambia - Gini Coefficient: 57.1Sao Tome and Principe - Gini Coefficient: 56.3Central African Republic - Gini Coefficient: 56.2Eswatini (Swaziland) - Gini Coefficient: 54.6Mozambique - Gini Coefficient: 54.0Brazil - Gini Coefficient: 53.4Botswana - Gini Coefficient: 53.3
I think the title of the video is comparing the UK to high income countries. These are all low and middle income
12:47 it wasn't that the market knows best it's that individuals know best. You are so dishonest. Individuals could make decisions rather than a centralized command economy. That Ludwig Von mises debunks.
This is all very well but when I listen to well made arguments in discussions like these by individuals with insight like yourselves, I think to myself why weren’t you an MP in parliament or the lords speaking up about these issue when they occur, instead of barking from the sidelines after the dingy has capsized. Captain hindsight springs to mind. I don’t mean to be disparaging but we need level headed individuals like yourselves to be standing up and being counted and making a difference otherwise we are led by a bunch of donkies in the shape of Boris Johnson and Liz Truss plus most of the modern Tory party, either them or they are psychopaths like Suala Bravaman, Gavin Williamson, Jacob Reece Mog and Priti Patel
Thanks for the input Dawn Razor - I understand the frustration. W.B Yeats famously wrote" The best lack all conviction, while the worst Are full of passionate intensity." - The 2nd Coming
Both myself and Paul really appreciate your input and are listening, I assure you. Feel free to share with anyone you think might benefit from hearing Paul's idea's
Thanks again for the input
Conor
11:17 Well we have Nobel prize winners too that say free market laissez-faire capitalism works. So your typical boomer response of appeal to authority doesn't work. F. A Hayek is also a noble prize winner so your argument is trash. And logical fallacy appeal to authority.
Works for who?
@@DJWESG1 what under the free market libertarianism you work for yourself.
@@DJWESG1 Your question is vague. Under free market laissez-faire, the individualist works himself. Right now in the progressive (AKA socialists by another name) which our societies in the West are right now. We work for the government everyone is done by paying taxes. With the highest earners being charged the most. Since the lowest earners don't pay taxes and receive welfare/hospital care, State cronyism is the state working with businesses to choose its monopoly corporations. And yes Italian fascism called these corporations rather than syndicates like the USSR did. But they are the same.
@@DJWESG1 Tell me who works for who? Under socialism, you work for the elite. Under "democracy/republics" you work for the elite. I suggest you read books like Murray Rothbard of check out Mises Institute. Every country that exists is based on Plato's idea. Of the Top-down Hierarchy. Where as Aristotle. was against this he said the state should be at the bottom of the pyramid with the people at the top.
@@DJWESG1 Free market has no rulers. And since Laissez-faire means the government is separate from the economy. It means the state can't choose winners. When the state and Nationalized bank. Can pick winners and losers. The state rules. And every business needs to cosy up to the state for survival.