How capitalism enslaved us all | Grace Blakeley interview
2024 ж. 6 Нау.
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Grace Blakeley is a writer, commentator and economist whose new book Vulture Capitalism: Corporate Crimes, Backdoor Bailouts and the Death of Freedom is out on the 14th March.
She came by JOE Towers to chat to us about neoliberal capitalism, the destruction of working-class power and how our brains have been rewired to accept mediocrity.
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“When the rich steal from the poor it’s called business, when the poor resist it’s called violence”. Mark Twain
Mark Twain wrote and propagated calumny on Palestine on his "travels" there. a racist and an orientalist.
the governmet steal from tax payers
You rock!
When you believe that's the way it should be it's called eugenics.
I love the sentiment, but Twain never said this.
My God, I was talking about the insidious transition from the language of "citizen" to the language of "consumer" 30 years ago. It was truly heartening to hear her explicitly make this important (yet seemingly minor) point. Thanks for this.
me too brother
About the same time we became a human resource
I'm looking forward when we transition just 'human being', no other label is really necessary.
@@JohnnyMotel99me too 😞
@@JohnnyMotel99 Well said. But, in response to the original poster, I would like to comment. I am architect/urban designer originally from Ireland, who has been living in the United States for many years. It has been alarming to me to see the RAPID increase over the last 25 years or so, of the United Kingdom wittingly or unwittingly, blindly picking up certain terms from the United States' "Corporatization Dictionary" When I lived in Ireland, up until 1980, I NEVER heard anybody in Britain or Ireland referred to as simply "A CONSUMER". It is an insidious, reductionist term, which most definitely originated here in the United States as a CATCHALL phrase to include everybody. Grace CANNOT be expected to know all the answers. But, she is one of a GROWING number of people trying to articulate, for OUR benefit, the many ways in which, to quote Noam Chomsky, "we have been turned into WAGE SLAVES", and some suggestions of how we combat this soul crushing state of affairs. And as for online criticisms of her comments: If "the left" keeps forever shooting itself in the foot looking for UTOPIA, there will NEVER be social justice in the world, just endless, circular, bitter complaining. This, of course, is EXACTLY what global Oligarchs, Corporations, Banks and corrupt, sold out Governments LOVE to see.
The pervading and rampant culture of individualism. Absolutely nailed it. The cause of so much despair, division, hopelessness and suffering in western societies.
GenZ is in crisis because this individualism has poisoned society so much that they cannot even bear to look upon one another without the pain of endless competitive nihilism.
The ultimate divide and conquer!
@pottero6 & @pooheadlou. Thanks for the valuable input! Y'll be quoted on the above lines! Cheers
It started with thatcher and Reagan and imo it has ruined society and our culture. People qho bought into it have a tendency to selfishness and also they gained from it despite the losses to others. Argue a case and they'll call you a communist! 😧
I'm not sure you did the 90's, individualism was huge, as was community. You've got the wrong target. What's happened has happened since then. Mainly 30years of putin thinking he ruled the internet and brainwashing the youth with his troll teams. And he used eugenicists in the uk and USA to enable it. Tories worked in tandem with the Republicans and putin to create his invading nazis. He really wanted to be invaded. It was his excuse. He got denied. Trump got denied, we still have to clean up our mess. Streets of London are paved in rubles.
This was extraordinarily good. The way this flowed was really impressive. Talking for nearly an hour, barely pausing and with no repetition and being completely engaging throughout too.
lol,
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I just have to say, Politics Joe is such a WONDERFUL interviewer. Listens well, allows her to speak, engaging responses, knowledgeable, he did his homework and this is a wonderful conversation
I feel I've been banging this drum for 20 years. Blakeley puts it all so succinctly - really important to do the history lesson first as well, as so many think what we have now is just the "default setting". Just pre-ordered the book. If it's anywhere near as good as the interview, it'll be 15 quid well spent.
Why are you buying private property? I thought capitalism was slavery.
I ordered it as well.
@@emperorstevee I bet you were so proud of this post and how clever you think you're being
Not really, it's just a KZhead comment section.@@Mackerdaymia
so selling communism eh? how socialist of her ffs you people are beyond gullible. Todays modern socialist is literally SELLING the idea onto the gullible, they are about as revolutionary as garden gnome
I was 19 when Thatcher came to power and I can confirm everything stated here. It was all a calculated con. The problem was, organised Labour had made itself an easy target for divide-and-conquer politics. Unions appeared to be driven by selfish acquisition for their membership and the aggrandisement of their leaders. The general public did not take much persuading with a few cheap bribes like utility privatisations and social housing sell-offs. What we have come to now is an obscene caricature of a political “system”, dominated by lies, corruption and greed. First, we need to cut out the diseased tissue at the next election and then get to work improving what is remaining. There is hope, but it will be a very long haul.
Partially correct. But a number of Unions were taking the piss. They actually found a "sleeping room" in British Leyland. A number of Unions refused to any changes. You may have forgotten, but in the 1970s we had blackouts due to strikes.
@@albertbrammer9263 agreed, the thrill of homework by candlelight soon wore off
I tiurned 18 in 1979 and was just and just too young to vote against her. Everything since has been the protection and consolidation of the wicked system she (re)introduced.
Unions have been captured, like every institution as been. This is the problem we are facing.
@@gavincutler8889 and now it's all privatized we can't afford the electricity when it's there 😂 candles are still the option for many. (I have been there, they were cheaper to run than an incandescent), by now it has to be vastly cheaper. But regardless it's all because the Tories ran off with the money. Again and again, and again. We can afford a healthy normal life quite easily, with all the perks. We just can't afford to sustain the rich who don't give back. The personal profiteers. Leeches, we're covered in em.
Utterly brilliant, accurate, incisive and reaffirming truth, thanks a million Grace and Oli.
why dont grace and oli live under socialism? because it doesnt work.
The guy who ran the Lucas Plan and went to work for the GLC was Prof Michael Cooley. A truly remarkable man and an original thinker. Born in Ireland in 1935, he passed away in 2020. President Michael D Higgins termed him a delinquent genius. He was the founding editor of AI & Society and is regarded as one of the fathers of CAD. He was nominated for a Nobel Prize and received the 'alternative' Nobel prize in the early 1980s. A school friend of famed Irish Playwright Tom Murphy, he started his career as a trainee machine master in Tuam Sugar Factory.
We need many more like him, there is so much to do to repair the destruction of industry brought about by financialization and neo-liberalism
Thanks for the info.
And another, thank you. I will educate myself about this man.
I was on the periphery of support for the Lucas Aerospace Plan when I was a student in Birmingham, 50 years ago. I have banged on about its importance for, ooh, fifty years. What a delight to discover that it hadn’t just vanished from scrutiny… Sadly - and it is a point Grace Blakeley didn’t make in the podcast - much of the traditional left did not support the Lucas Plan at the time; it challenged their ossified structures just as much as did those of the capitalist state.
Grace articulated here what so many of us understand but can't necessarily express, better than almost every other current commentator. Thanks to both. A double-act with Nick Abbot is urgently needed.
I have to be honest, I really didn't find many of her arguments all that compelling, and I say this as a leftist.
@@nmk5003 there wasn't a lot of argument to be fair, just lots of facts.
@nonfictionone I have no criticism of her factual points, but she offers multiple analyses of the facts throughout the discussion, which I disagree with. Of course, she is a smart lady and a compelling speaker, so that goes a long way for me .
@@nmk5003 If only you could actually come up with a concrete point to show how her "arguments" were lacking for you...that would actually give your critique some validity
@@upendasana7857 to be fair (and honest, and balanced), nmk didnt say she had a reason why, she just stated a fact about her own mind. But yeah, it would be great to have some actual critique
We need to stop dancing around the fact that capitalism is economic authoritarianism
Whats your alternative comrade, communism?
I think Rush Limbaugh said, "I have the most difficult time defending Capitalism when all I can point at is "Crony-Capitalism". The problem is not the system, it's the individual character problem, right ?
@@keithcommins workplace direct democracy (and direct democracy at the political level).
@@michaelregis1015 what does that mean in reality? Who owns the means of production?
@@keithcommins it would mean that all workers within an establishment own the means of production and that the workers themselves get to dictate how the business is operated through a referendum within the workplace. You can even have something like a worker council for different sects of positions within the workplace who would be the delegates who represent the workers of said positions; who come together to make decision at the behest of said workers. So, the delegates are elected and their positions can be revoked at anytime if the workers so please. This system would be such that the workers have a lot more say in the business that they contribute their labour towards.
It blows my mind people can't understand the collusion that goes on between big buisness and government.. And that you can't pull down one without pulling down the other.. Keep handing out the message! Appreciate it guys!
"It blows my mind people can't understand the collusion that goes on between big business and government." Then read "War is a Racket" (1935) by Maj Gen Smedley D Butler USMC, ret'd. It's not a long read, is available as a free PDF download, and precedes Michael Moore's similar observations by many decades... A quote from him- “I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914... There's a lot more...
right, each party only blames only one, so that the uniparty as a whole can keep colluding!
same.... people are by and large -desparate -poorly schooled on such topics -too busy to look into it Then you have other forces against developing an understanding with terms like 'conspiracy theorist' which exist to add to the pile of de-incentivising factors leaning against self education on and speaking openly about such things as you risk becoming a best unpopular at worst laughed at and insulted. there's a hell of a mess to clear up.
Seems like world is dominated by “big”… big government, big business, big unions. The problem instead any one of these things it is that they are “big” Anything “Big” seeks to acquire and consolidate power. The left right dichotomy and the establishment vs non-establishment are framing the discussion to avoid dealing with “big”
Funny how those who advocate for complete state control are saying that there is a critical set of problems with capitalism BECAUSE of COMPLETE state control.
She is well spoken and highly intelligent. An absolute treasure to listen to. Thank you for sharing this.
she is dumb, her solution is socialism/communism, an idea so wrong on so many level even "communists" do not adhere to the core principle. Even the CCP embraced markets ffs. She has not ONE original concept, she is an idiot
lol, she is a simpleton who does not know how the world works.
she
is a
simpl
techno feudalism is the era we are in
That’s just the end state of capitalism
Tech is the means it actually corporate feudalism .
Corprocratic Feudalism?
exactly its the corporations that own the tech same as it always was @@sterlingarcher5698
Yes that's the understanding that Yanis Varoufakis has. Having had an inside seat as Finance Minister in the Greek government at the time of their most severe crisis, he is remarkably realistic too.
These are the kinds of conversations we need to be having, very important and very insightful.
Yes, not just these conversations more, but also conversations that lead to community action in solidarity with a system change movement to move beyond capitalism. Sources suggested: Zeitgeist films with Peter Joseph (new one called "Requiem" is out soon, trailer online to see!), Moneyless Society, World Beyond Capitalism, Second Thought, Our Changing Climate, Michael Tellinger with One Small Town Contributionism.
where in the world is socialism successful? why doesn't Grace live in a socialist country? because she's a coward.
insightful? a socialist woman that surrounds her life with capitalism? LOL. what hypocrisy.
Wow....what a smart woman....great to listen to....thanks a lot for this informative interview
This woman is sound as fuck, more interviews like this
Many people would like to, 100%, true
I only wish these people could give Lenin the credit he deserves, he wrote the book on imperialism: the highest stage of capitalism. Sadly, v1nd1ct1ve l1berals censor communists and completely slander Lenin because he beat them
I only wish people like this would give Lenin the credit he deserves. He wrote the book on imperialism: the highest stage of capitalism. But vindictive liberals censor Communists and slander and throw all kinds of dirt on Lenin since it was Marxist ideas that won the hearts and minds of the masses
"how tools enslaved us all" isnt a sound headliner
Excellent comment - love it 😀
To be fair, this was a stellar interview. All areas on topics covered and found the commentary very coherent and on point. Great 👍
What is so refreshing about this channel (I'm not always on board with the opinions of the hosts, so this is definitely not just being a fanboy) and the likes of Novara (again, I'm indifferent to most of the presenters) is that they just have a good faith conversation on the terms of the interviewee and generally just give them space to talk. They will challenge something they don't agree with, but it's seldom hostile, never anti intellectual or disingenuous, and they will talk to anyone from across the political spectrum who comes in good faith with a reasonable argument. Compare this to the hostility of the BBC or the lumpen rhetoric of Sky News. Or worse: KZhead keeps pushing Telegraph nonsense on me and it's staggering: their version of the "intellectual" conversation interview seems so dull, incurious and superficial. Who could stand it?
@johnbehan1526 Well, certainly agreed on that!.. the likes of the BBC including the legions of dishonrable others is totally unbearable at times..this was very refreshing although like yourself I'm not a politics Joe groupee but I'd say more from where this intervuew came from all day.. thanks
name one country in the entire world where her ideas make people free or rich? why doesn't she live under socialism? because she's a coward.
@@johnbehan1526 Sky news runs circles around the BBC in terms of truth dude. nice try. and Grace> that coward is a socialist that chooses to live under capitalism.
The culture war isn't Left vs Right it's Top vs Bottom.
But the Left have embraced hypa Liberalism and the open borders Globalisation project. They didn't need to
Yeah and these people in this video are the top 🤣
Yea mate, they’re clearly billionaires
@@Sam-dc8du no but they are part of the wealthy, private educated ruling class
EXACTLY
Great interview. Grace Berkeley is spot on.
why doesnt she live in a socialist country? LOL
"Toxic individualism". Right.
yes. what a ridiculous statement.
Masculinity is now toxic. Hope she doesn't need a Fire "person" to save her. Maybe she can wait for a female plumber 😂
This is the best and most encouraging thing I’ve heard all year. Maybe longer than that. Thank you so much. ❤️💪
People have lost belief in organising. But the elite are always organising. Always at it, devising strategies, tactics, the ways & means to control people. Greed, the driving force.
Well, can't blame them really, it must be nice to organize at a fancy resort or on a yacht.
@@mk1st Greed is a motivating sin.
I remember laughing out loud in a HMRC meeting in the 80s being told taxpayers are now customers. Ludicrous then and now and I have always known thisxwas when it started to change under Thatcher and Reagan. Both dead but still causing misery from the grave. This young woman is great . I shall read her book. Thanks for another great interview, Joe.
Taxation is theft
Am I the only one that had to change the playback speed to .75 in order to follow and understand. It was well worth the listen.
Fantastic interview, happy to see young intelligent people not buying into the oligarchy we live under today.
❤Thank you
Great Vid Joe, really interesting look at what an alternative future could look like. Grace explains her ideas in such a clear and understandable way. This sort of stuff should be on the BBC.👍
They would NEVER allow it. BBC is totally captured, just a mouthpiece for the status quo.
The fundamental problem is that everybody works within a business to produce a surplus. A small group of people within that entity then decide what to do with that surplus. It's really no surprise that they choose to use that surplus to enrich themselves by voting for larger shareholder dividends and increased pay for board members while hundreds or thousands of other members of the organisation get almost nothing or literally nothing despite being the largest group that contributed to the surplus that was created. The solution here is to democratise the workplace. Trading shares should be made illegal. When a person joins a company they get a single share which grants them a single vote in all company affairs. When you leave you surrender that share. Then Monday to Thursday everyone works like normal. Friday is voting day where everybody votes on all company decisions. Who to hire, where to move production to, how much to produce, who you want to lead your department, how much to sell things for, who to sell it to and what do the with the surplus. Under this model, how many companies would vote to outsource work to the other side of the world? How many would vote to dump toxic waste into local rivers where the employees live? During a cost of living crisis shouldn't the workers be able to vote to use the surplus to ease their suffering?
You are describing what is called 'stakeholder' corporate governance. The UK uses 'shareholder' corporate governance. Germany uses stakeholder corporate governance rather well.
That's Stakeholder capitalism. It's what the WEF are advocating for. Suffice to say I'm hard against it.
@@cfalvl2380 it's not describing stakeholder governance, it's describing socialism. stakeholder governance is still capitalism because anyone can own shares in the company if they buy them on the capital markets. the stakeholder model is superior to the shareholder model regarding worker rights, but you're missing the point. who owns the means of production is key
I would say that it is not the workers of the factory that decide whether to dump the toxic waste in the river but the people who live downstream of that factory. If the employees live there then that's the same of course, but if the employees live upstream of the factory then it's not fair to those downstream of the factory.
Would this not also be cooperative businesses?
Grace is so lovely, intelligent and empathetic. Just wow. I saw and felt that cultural shift within the 60/70's to the beginnings of this mess that had taken full hold by the 80's. If I'd had a daughter I'd have been proud as hell for her to be like grace👏👏👏
‘Stolen’ the first book really hit home with me how the Thatcher years I lived through were the formative years of changing society forever. Living through it. You could feel something really wrong was happening. So looking fwd to getting my hands on Vulture Capitalism ❤✊
The 70s paved the way for her. We need to understand that
Thatcher and Reagan. Two peas in a pod.
name one country in the entire world where her ideas make people free or rich? why doesn't she live under socialism? because she's a coward.
Blakeley is amazing! She is so interesting and explains some hard to grasp concepts in a way that is easy to understand. Looking forward to reading her book.
why does grace not have the courage to live in a socialist country then? what a coward
Phenomenal. Ordered the book, can't wait to read. It's refreshing to hear someone talking as Grace does about not just what is wrong with the current system, but crucially what we could do to make better systems and live better lives. That messaging is the only thing that will get people to take notice.
LOL - "hey guys it is these total greedy businesses that are to blame, here BUY my book so I can PROFIT off you poor people who moan about the system I have the answers trust me, it is TOTALLY not some dead idiot who hates the world with failed theories TRUST me guys"
@@James_36 "You dislike capitalism and yet you take part in it. You are a hypocrite. I am so smart" that's your argument here basically and it's thick as mince. Also... I'm not poor, you don't have to be poor to believe the system is unfair or not working well, or indeed to care if the system is not working for the poorest. Cope harder mate, I'm sure you sticking up for corruption in business and government will convince them to be nicer to you.
@@ovilord so other businesses cannot make a profit and keep their money but Grace can? she is selling her book for profit? so she is okay to play the game at the same time as moaning about the game she is getting richer from? demanding other business cannot do but she can play it also? LOL how lost you are
@@James_36 who said businesses cannot profit? She certainly didn't and neither did I. The issue is a corruption of the market and of public life such that some people and companies get preferential treatment and can take the system for a ride whilst others have to play by the rules, that's wrong. You need to learn some reading and listening comprehension.
@@ovilord first off, she claims to be a socialist.. socialists are anti- private business hello?? like i said, you are totally fckin lost. what legitimate business is not playing by the rules? they are all playing by the rules.
To Grace Blakeley: I got 35 second into this interview and clicked off and reserved a copy of your book "Vulture Capitalism". It was two points that did it for me, firstly your description of the population as "consumers" and secondly, your usage of the term "toxic individualism". The book is reserved for me at Blackwells Book Store. ( I will watch the interview after I have read the book).
That was a fascinating talk. Thank you xxx 😀
Fascinating. She makes some very eye-opening points.
name one country in the entire world where her ideas make people free or rich? why doesn't she live under socialism? because she's a coward.
Love Grace, she’s bloody excellent. Would be good to see her on Mainstream channels again too as it’s been a while and she’s long overdue. ✊✊✊✊🙏
why doesn't grace live under socialism then -- you know -- if its so fair and perfect? because she's a coward.
That is the finest dissertation of political and economic circumstances I have ever heard. Cogent and intelligent. This girl should be in parliament - if it wasn’t so corrupting. Thank you for that précis of the situation everyone faces. This was a joy to listen to.
name one country in the entire world where her ideas make people free or rich? why doesn't she live under socialism? because she's a coward.
I was pleasantly shocked to hear her recapitulate Marx so clearly. We Marxists don’t do it half so well. How does she know all this stuff? Well it shows how old I am, I guess. Grace is over 30 years old.
"'Rugged individualism' has meant all the 'individualism' for the masters, while the people are regimented into a slave caste to serve a handful of self-seeking 'supermen.' America is perhaps the best representative of this kind of individualism, in whose name political tyranny and social oppression are defended and held up as virtues; while every aspiration and attempt of man to gain freedom and social opportunity to live is denounced as 'un-American' and evil in the name of that same individuality." ~ Emma Goldman
Love Grace! We need more ideas like hers in the mainstream to show everybody there are peaceful alternatives to our current failing system!
why doesn't grace live under socialism then -- you know -- if its so fair and perfect? because she's a coward.
Looking forward to reading the book. She's saying things I've always intuited, & I've always been looking for answers to this mess, & open to new ideas. Thanks.
name one country in the entire world where her ideas make people free or rich? why doesn't she live under socialism? because she's a coward.
answer to what mess? freedom under capitalism? move to North Korea -- then lets see if anything Grace Blakeley says "intrigues you" LOL. my god you sad people that believe this shit
OMG 😲 Someone who can give us a sense of reality. She is so correct in her evaluation and perception of the obstacles that we allow to overwhelm us. How did she get here, with her ability to see clearly 😳 ❤
Another great interview with Grace. What she was saying about how'oh, that's not real capitalism/socialism' is that people confuse the ideology which is a utopian model of how things should be that usually ignores crucial aspects of how things actually are, so the implementation of those ideas never resembles the ideology because it's just a set of ideas that most people don't even agree with or accept grudgingly due to their lowly position in the power structure. Additionally, they often create perverse incentives eg I remember an Adam Curtis documentary where Russian taxi drivers would drive around pointlessly just to fulfil their fuel quotas.
Very intelligent woman.
A pinnacle of critical thnking, thank you.
critical thinking? with socialism as the conclusion? are you seriously that dumb?
Great interview and glad to know Grace now I'll certainly check out her book and she speaks the truth on many things especially in what we need to do to get out of this mess
Legend!
Yes you are@@grace.blakeley Listening to people like you gives me small hope maybe we can change things for the better.
so she is allowed to play the capitalist game is she but others are not? LOL this is absolutely beyond funny. I thought people were poor and cannot afford stuff anymore according to her? so why is she peddling a useless book that will provide ZERO economic benefit to the people who read it? LOL wow go get some thinking skills
anyone that supports socialism, is not speaking the truth. LOL
Great conversation.
Everyone should read: 'The Ragged-Trousered Philanthropists' by Robert Noonan (pen name Robert Tressell) and 'The Shock Doctrine: The Rise of Disaster Capitalism' by Naomi Klein and watch the documentary films, 'Sicko' and 'Capitalism: A Love Story', both made by Michael Moore (film maker) Those are a good place to start when looking into the mess we are in atm.
Funny how those who advocate for complete state control are saying that there is a critical set of problems with capitalism BECAUSE of COMPLETE state control.
This was not only informative but surprisingly uplifting! I may have to listen again.
Such an excellent interview. Can’t wait to read Grace’s book
Inspiring and brilliant. Tracking the book down. Amazing words, Grace. Well done, Joe. 💌
Thank you so much for this. Brilliant and oh so true❤
Well explained to us ordinary punters. Thanks for bringing Grace to teach us!
We need less Sunak’s and Gove’s in government and more like Grace.
Jeremy Corbyn tried, but the British public were too busy being in love with Boris Johnson 🙄
@@oldishandwoke-ish1181no one likes socialism, we’ve seen it fail time and time again. No one liked Jeremy, he’s an anti-Western, Britain hating socialist.
Brilliant analysis from Grace, fabulous interview. ❤
great conversation thanks Grace
Excellent, very engaging interview, loved listening throughout! "There is no such thing as a society, only individuals competing against each other"... Quite sad
John Kay’s “Obliquity” talks a fair bit about the problems with our current flavour of capitalism.
There are flavours? LOL!
its interesting how the poorest countries immigrants dont want to go to socialist countries do they? hmmmm
Fucking smart conversation that highlights precisely the issues and problems that face any modern democracy.
why doesn't grace live under socialism then -- you know -- if its so fair and perfect? because she's a coward.
This young lady has it extensively right!!!!
Bought the book, loving it. Great show
Great show, very interesting and revealing. Keep up the good work.
Thank you for exposing the truth Grace. Great interview Oli
truth? from grace the socialist? grace the socialist that uses capitalism -- not socialism to sell her books? how are you seriously this dumb?
In my view the effort to turn every person in an entrepreneur, every home in a business is far more sinister than just destroying the social structure, since under this system, 99% of wealth sooner or later will be owned by the 1%. We are all working non-stop to make them richer.
Reading through comments on videos like this makes me hopefull that there are intelligent people and who are aware of what is going on below the surface.
The complexity of the many crises that beset us so often leads to a sense of being overwhelmed and confused about how to diagnose the problems and where to start with solutions. Grace cuts through all this with a clarity that is so refreshing and - for me, at least - feels like she is describing a fundamental truth. I have a sense that the acceptance of democratisation starts with a sense of personal agency - not an expression of individualism but a sense that you give yourself permission to challenge the orthodoxy of our system and seek the support of others who have similarly freed themselves from the old straitjacket. Ironically, individualism may actually stifle personal agency for those who do not have the means or experience (or even the desire) to play the system. I suspect many have been sucked into Thatcher's so-called democratisation of capital ownership and felt the fear of the responsibility not to lose it all as they try to navigate an alien financial world whose rules are opaque and whose unpredictability is alarming. We just should not be handing the management of essential services to a casino-style market where the odds are rigged in favour of the house (for 'house' read corporations) and nor should such a fundamental safeguard as a roof over our heads be put at risk, whether it is owned or rented, through the fluctuation of property prices and the B of E's anti-social efforts to protect the financiers.
So refreshing to hear people like Grace, expand, develop and encourage more and more of us to wake up and smell the coffee. Fabulous interview, and ordering the book. Next?
My uni is hosting her to talk about her book I’m gassed 😂
What a great economist along Gary Stevens, Steve keene and jim rickards
Grace Blakeley is brilliant.
imagine the level of ignorance it takes to put brilliant and socialism in the same sentence. wow. welcome to the depths of stupidity of todays political left.
Thank you for this essential video oh my goodness!!!!!!
It's great to hear that Grace Blakely has a new book coming out. Thank you!! She makes some great arguments. Give her a chance. Why are women always picked on?
Absolutely mind-blowing! I'd love to see a conversation between Grace and Noam Chomsky.
She's future PM material.
No chance. She has a brain.
in a post-revolution world, maybe
@@georgebath8209 good point!
People like this never get anywhere near power, because they know how it works, so are too much of a threat to the current system.
You can't speak freely when you have the responsibilities a PM has..
She is reliably excellent.
its interesting how the poorest countries immigrants dont want to go to socialist countries do they? hmmmm
Brilliant interview and explanation of so many of the problems that we face. Thanks
why doesn't grace live under socialism then -- you know -- if its so fair and perfect? because she's a coward.
its interesting how the poorest countries immigrants dont want to go to socialist countries do they? hmmmm
i guess you couldnt handle me calling out the truth huh?
I’m confused and dismayed at Grace’s repeated use of the term Anarchy. I realise there is a historical precedent for referí g to some economic systems as Anarchy. But imho it muddies the water between what the political ideology of Anarchism has achieved over hundreds of years. ( ie: bottom up structures - a dissolution of hierarchy ) and it continues the trope in people’s minds that Anarchy is Chaos. It’s really unfortunate but using the term chaotic or something would be much more helpful.
Obviously, she knows what it means, you know what it means and I know what it means. A descriptive definition would be useful for those scared of the word, but I doubt that they'd be the kind of person who watches this anyway
You could say that about most political terms. Every word is basically dog whistle, inuendo, obscuring bullshit. It's hard to talk to someone using a different set of definitions for the same words.
Anarchism has achieved nothing in the past few centuries
Or re invent the word anarchy, which at is spirit is the true spirit of democracy, giving back to people the ability for self government …demos cratos
Yes, I agree with you. I have read her 'corona crash' and it seems to me that she comes from a party-political view of society and the 'economy', at the expenses for the potentials for antagonism and revolt from below.
You Brits do have some great independent left wing media platforms
She not left 😂 she’s just a normal human being and a political sheep 🐑
If I only we didn’t have all the headbangers also!! 😂
These one to one interviews feel like old school PBS
under socialism, this platform would be banned. LOL
why doesn't grace live under socialism then -- you know -- if its so fair and perfect? because she's a coward.
Grace Blakeley is able to describe the sort of future may of us are hoping for but aren't able to describe, how wonderful it is to hear her speak, but Wow - I wish she would talk slower!
why doesn't grace live under socialism then -- you know -- if its so fair and perfect? because she's a coward.
I am both in love and inspired. Amazing interview.
its interesting how the poorest countries immigrants dont want to go to socialist countries do they? hmmmm
Sounds like she should get together with Gary Stevenson, and organise a movement to tackle the wealth gap.
I don't see that guy being a communist.
@@BenOwen-gf9bn and what has that got to do with anything
@@DrSomhairle because both are going to have a radically different solutions to the problem.
Fucking top idea.
yes 2 grifters working together to extract money from their "poor" audience peddling books for PROFIT 🤣🤣🤣 - I mean how socialistic of them to do so.
It's not capitalism. If it was another system, they would set it up the same way. When you print the money, you shape everything top down. We have a central bank problem, not a system(capitalism) of finance problem.
exactly
It is a capitalism issue. Central banking is symptom of capitalism. We need state banking rather than centralized
@@davidsparger3038 State is controlled by federal. We need decentralization at the individual level or representation that can not be compromised. Elites know all this. That is why they will never allow it.
She’s great. Excellent new find.
why doesn't grace live under socialism then -- you know -- if its so fair and perfect? because she's a coward.
I appreciate the clarity of Grace Blakeley's argument in favor of Marxism. Thank you for this interview! But I'd like to know why she is only a "social democrat", given what she knows. What deters her from embracing the state communism of the Soviet Union in the 1980s, or, even better, the free-market communism of Lenin's New Economic Policy era (NEP, 1922-28), implemented in China today? "Social democracy" seems like a halfway solution that leaves the means of production in the hands of the plutocrats.
That was honestly phenomenal! Thank you❤
Daring, powerful conversation
Everything she describes is not Capitalism, it's Corporate cronyism and Gov't clientelism. In a proper Capitalist economy, there wouldn't be any Federal Reserve, fiat money, bailouts, nationalisation, Gov'ts acting as quasi corporations, pork barrelling, welfare state, NHS, etc. That's not to say Capitalism is a perfect system: it isn't, but put the blame where it belongs.
There are quite a few in-depth arguments that say capitalism cannot exist or properly function without major state intervention to uphold its hegemony, bail it out when bad decisions are inevitably made, and allow it to achieve its final goal: monopoly. The idea of free markets cannot be achieved. Because the whole idea of capitalism is to gain as much market share, and therefore maximize profit getting closer to major market control. This will obviously create major barriers to entry to any real competition, and will eventually create a dystopian monopoly where these corporate entities will control the market. The capitalism you’re discussing is impossible, it will - by design - always devolve into corporate cronyism.
Capitalism - the voluntary exchange of goods and services Any relationship that isn't voluntary, usually very good
Fantastic interview! You're a wonderful interviewer: you keep the conversation going but you let your guest speak. It's so refreshing! You never dominate the discussion or interrupt the way too many interviewers do. This was profoundly educational.
can you tell me what is profoundly exceptional about socialism -- literally anywhere in the world?
I like how she makes the distinction between capitalism and the free market. Collectivism works in the mind. The problem is that everything is corruptable. Collectivism lends itself to a totalitarian state. Individualism and localized government is more accountable. Socialism can technically exist within a capitalist system. Socialism really is the transition from a capital based economy to a Collective based economy where money isn't required because everything is provided for free by the community or the communist utopia if you will. She makes this distinction but then goes on to attribute protectionism and aristocracy to capitalism. Greed and control is inherent... Socialism or Collectivism is a nice notion but we don't have the technology or psychology to allow it to work.
This is real, practical hope. The revolution may be quieter than imagined..
why doesn't grace live under socialism then -- you know -- if its so fair and perfect? because she's a coward.
Thank you Grace!
Oliver James covered the effects on Mental Health in the book, 'The Selfish Capitalist'. The erosion of the collective and the rise of manufactured self-blame was covered by Herbert Marcuse in 'The One Dimensional Man' in the early 1970's. Even so over the last fifty years, in particular, we have complied with becoming plutocratic, government of the people by the wealthy for the wealthy. All the best.
yet -- 90% of american millionaires are self made without inheritance causing their wealth. the top three professions of millionaire in the USA is engineer, Accountant and TEACHER -- yes those so underpaid teachers boo hoo. this information came out of the largest study of millionaires ever conducted in the USa for the 2018 book "everyday millionaire" so much for your liberal bullshit theory of only a government for the wealthy huh?
You can see the ragged edge of dying capitalism here in the US with private equity buying up trailer parks all over the country. These are assets that 20 years ago would have been laughed at by institutional investors but now they are being sought out, finding ones where older owners are eager to sell, doing minimal improvements, then jacking up the lot rents. The tenants own their homes but not the land they sit on so if they can't afford the new fees they can't stay, although they are "free" to have their homes moved (they are "mobile" after all). Once the older tenants have been flushed out, they can then move in a wealthier tenant (generally younger folks who have been priced out of a regular home) and then rake in the profits.
Our whole economic system is based on two illusions..Disunity and Insufficiency. We believe we are seperate from each other and that there is not enough to go around. A New Guiding principle must be put in place to guide our evolutionary process. Evolved beings understand that all things are One so this would guide the process.
I’m right wing so how come I agree with Grace on most points she raises in this interview? Hang on, agreeing with serious people on the left seems to happening a fair bit recently. Could it be that serious people no matter their politics have more in common because the divide promulgated in the media is false?
left or right...a toothache is a toothache.
Where fascism divides us, communism unites: Left and Right, Black and White. Communism ends the artificial horizontal divides and urges us to become aware of the vertical chasm between Top and Bottom.
Todays paradigm is mistakenly called "Communism" when in fact it is Government working hand in glove with Corporations, which is Fascism. As we can see, Fascism is pooling the wealth of labor at the top with the 1%. Great guest, just stumbled on to your show, will sub today, thank you.
We need this woman or others of her beliefs to get the political power to change things. I am 68 and can remember a fairer society. She is spot on about Thatcherism. Alas, Joe was also spot on when he said the current system has as one of its main weapons, the power and ability to minimalise and discredit all other alternatives.
Proper lady grace a real star ❤