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David McCulloch
Richard J Murphy
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Comments by "David McCulloch" (@davidmcculloch8490) on "Richard J Murphy" channel.
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You insight also gives the path to growth and national prosperity. Government is in the pocket of corporate interests.
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If only votes mattered and counted equally in our elective dictatorship.
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Anyone failing to listen to (or read) his words and apply fact-checking and critical thinking needs to engage a brain.
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Do you listen regularly? Solutions are proposed regularly, as they were in this video.
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Labour willingly accept a straight jacket and chains under the pretence of no money. They are doing nothing except begging for investment from profiteering companies and cutting rules designed to protect us. Invest in the infrastructure and tax wealth. Grow some cajones.
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Unfortunately his "message" is articulating problems then offering no (or worse still fake) solutions. It's easier to be a disrupter; it chimes with the desperate and hard of thinking.
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@physiocrat7143 actually the exact opposite. Please learn how free trade works.
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Spoken like a true troll hiding behind a pseudonym account.
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@skyblazeeterno And government can abuse that thinking by making it a false assumption.
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So interested in your comment on neoliberalism. Time was always going to run out on the neat trick of getting the poor to vote for the rich to have more. An illusion can only last so long. Great video.
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@skyblazeeterno that's on income, not wealth, as explained in the video
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Just more government symbolism. Being seen to offer big projects to grab headlines. Why must our politicians be seen to do something? Rarely the right thing. Never enough. Why not go for rhe simple and obvious things and do them well?
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Perhaps employers are anticipating AI and treating new employees like robots. A good manager will accept that people are human and should not be expected to fit their stereotypes. Abilities are a separate matter but a mix of personality types is healthy in most organisations.
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Great quote and so poignant.
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I believe the key to be motivation. A good friend cooks amazing cuisine yet would not cook professionally because she would lose her passion. My approach to photography, as a retired hobbyist, allows the luxury of not equating time with money. Creativity requires freedom and self motivation. Financialisation constrains society for the greed of the few.
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Very little optimism over Labour's economic plans. We have gone from the sociopathic (Tories) to the clueless.
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The words "as ever" ignore the achievements of the last Labour government in health and education.
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@BAmalakas no answer from the racist then?
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That's an admission of defeat, as the market is rigged by financialisation
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Reclaiming the State by Mitchell and Fazi
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@metallitech If you mean mentally bloated through arrogance, I have to agree. I have only heard vacuous sh1te from any of said Tory ministers.
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Brilliant. That's real levelling up. Making this compulsive parliamentary viewing would call Johnson's bluff.
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@adenwellsmith6908 another of my replies failed to post. Are you against any form of state intervention after seeing the results of the last 14 years, the inevitable result of neoliberalism?
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As Lord Hailsham once said, we suffer an elective dictatorship. The status quo is preserved by government being seen to do something; rarely the right thing; never enough. Tinkering at the edges when we need reform, to stop Reform getting in.
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Then you have missed the point. World markets and inflation are always present and relevant
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Read Liam Byrne's The Inequality of Wealth. (Just a clue...) There other Labour MPs in parliament
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MPs are certainly paid enough imo. To the extent that second jobs should be banned. If they really do work for us, other sources of income or donations clearly risk a conflict of interest and should be banned. (With minor exceptions to maintain professional quakifications possibly allowed.)
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Great explanation: clear and concise. I've often thought that we could easily solve the offshore, intellectual property dodge by taxing companies registered outside the UK on traded turnover, as the EU threatened with large tech companies. Would be interested in your informed opinion. Thanks for what you do.
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Absolutely essential for real democracy, which, after all, means government by the people. Yes, that definition shows how far we are from actual democracy.
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Why not? Perhaps the repercussions from the most powerful asset owners who would resist bonds, along with the oligarch client media. Labour should grow sone cajones and work in the national interest. In short, the new government should listen to you, Richard, and a few others, like Gary Stevenson and the patriotic millionaires.
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Because most are tenants. Did you miss the point: landowners rather than farmers.
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A clear and prescient analysis, as ever. The best description I read of Britain was a country that started on the road to democracy, went so far, then gave up. We live in an elective dictatorship, rather than a real democracy, and have ended up transitioning from the sociopathic to the manipulated incompetent. We desperately need PR.
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Great video. Not being overly materialistic after a fairly well-paid career, I feel pity for those who are so insecure that a car or clothes give them some kind of status. What does that say about confidence and self-belief? What does it say about priorities? To me, enjoyment starts by making the best of our abilities, and the most of our possessions. Why not strive to continuously develop the content of our personality, as the great Dr Martin Luther King said in a different context?
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Yes, we morphed from compassion to greed, heralded by Thatcher...there is no such thing as society. I see the stated aggression as control by the greediest and most sociopathic. Some such as President Moron, with his messiah complex, aspire to dictatorship.
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Sounds like the ultimate in ethical savings. Why not?
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Such a brilliant insight: well researched, thorough and poignant. Who would have thought that government defies accounting convention and regular maths for its own political ends? Who would have thought that government can't be bothered to keep its accounts up-to-date? Who would have expected such opacity and deliberate confusion to hide reality? We are led by charlatans. Being led by donkeys would be an improvement.
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Starmer seems to work for the string-pullers and donors. He has the right chancellor to do that and consequently ends up with the wrong policies for the country
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Yet he is in hock to Russian oligarchs. A bluffer with an oversized ego.
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@Jethro-q6uWow! Advice from a pseudonym account. Don't think I'll take it since no justification is offered.
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The words proof and pudding trash your argument, which is based on opposite dogma
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If we get growth through financialisation, we get even greater inequality. Perversely, inequality stifles growth. Whereas extra money in the pay packets of the majority spent in the local economy means the benefits are shared.
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That's the principle of blackmail. Who is leaving? And what are they taking with them? Just vague accusations and no answers. We can't tax the rich, blah, blah...pathetic!
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Time for a new reserve currency. Especially if President Moron wins this battle.
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Highly illuminating and interesting. In many respects financial capitalism supports neoliberalism, as rules have been abandoned to allow a free-for-all. Professor Bill Mitchell distinguishes between the Real Economy and.the financial markets that allow instruments such as futures and derivatives - the latter of which enabled the financial crash. In old economic textbooks money had three purposes: a means of exchange; a means of storing wealth; and a means of accounting. Financial capitalism gives money a life of its own and it becomes the ultimate instrument of control. We need regulation and control to reduce inequality. As you point out, the law enables this form of exploitation. Thanks for sharing your knowledge. Your videos are inspirational.
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Absolutely true. With politicians more intent on deflection and misdirection, using the minutiae of meaningless detail to achieve it. With an oligarch media manufacturing consent. With disengagement in politics, largely because of our elective dictatorship where votes are unequal. With corporate lobbyists and opaque think tanks pulling the strings of government while voters are placated or ignored. Our country regresses into a third world cesspit with despair winning over optimism. We need positive change.
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Fiat currency having backing and a reliable promise to pay. Spot the difference?
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Selling off water was nothing less than treason imo. Thatcher and her neoliberal agenda became a race to the bottom, as it persuaded the poor to vote for the rich to have more. Time to regain the state, but who is brave enough?
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First, we need real democracy, fit governance and accountability. Also stop corporate political funding. Then, yes, in economic management we need a larger state. The state being there to prop up corporate failures is socialism for the rich and capitalism for the poor. The "free market" is rigged in reality.
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The real threat imo is neoliberalism: the promise that the free market will fix everything. The neoliberals love to quote Adam Smith, who wrote his Wealth of Nations when economies were smaller and globalisation was a non-event. Most competition is now distorted (being unequal) and is further rigged by financialisation. The modern model exacerbates inequality with the lie of trickle-down. A means of persuading the poor to vote for the rich to have more. Richard does some great work and I enjoy his clarity of thought. A great video
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Perhaps we will see a second reserve currency to scupper America's exclusive advantage.
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