Comments by "Piccalilli Pit" (@piccalillipit9211) on "" video.

VILLAGE FULL OF RICH a-holes who can afford £500k houses in rural areas tend NOT to produce a lot of veg pickers and chicken packers... For some reason, rich people don't go for that type of work.
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Cascading Systems Failure - everything is broken and everything you need to fix it is broken. Its what brings down every empire and civilisation, they might get there in different ways - but in the end its cascading systems failure that finishes them off. feedback looks of collapse.
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@joansparky4439 - Yeah the problem is you are talking rubbish. There is no such THING as a "free market", they all have an inherent bias that ultimately causes their collapse. OR to be accurate - any fee market left to its own devices quickly collapses. I gave you one example, I could give you hundreds more but you will just spew more BS cos you are programmed to reject anything even tangentially connected to Marx and by extension anything I say. Im pretty sure you have never read Das kapital so how can you say " Marx is not for me, his theories are broken" if you have never read them??? Cos the reason Marx is so reviled is cos his critique of capitalism is so incredibly accurate - it literally describes every event we are witnessing... And people like you don't like that - so they vilify him. It's the unreasonable accuracy of his predictions that scares people. If he were wrong - no one would care... He predicted that share prices, land prices, rent and house prices would skyrocket in the late stage of capitalism. He predicted that everything would be worthless and manufactures in China. He predicted the gig economy. He predicted women being given "equality" which really meant they would have to work to help pay the rent. And hundreds more spot on predictions... If he were wrong - no one would care... The fact he was right is why people hate him.
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@joansparky4439 - If you want your answer read MARX, Capital and the madness of economic reason by David Harvey. "free markets" are simply not free. It is an illusion, one heavily promoted by the beneficiaries. EG. Profit is not shared by who put in the work or who had the idea but by who put in how much capital to finance the venture. This means that its easier to make money by investing than by actually bothering to make something. Ergo - people stop making things and share prices eventually have no relation to the real value of the companies. Houses are 10's of X a salary. Markets have built-in biases that only really manifest in the end stages of capitalism - i.e. now.
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@joansparky4439 , Of course, I have heard of Keynes - the GDP obsessed idiot. Do some simple maths. take 100 and add 3% then take that and add 3% and tell me how many times it is till you get to 200... AND THAT is the length of time in years it takes for the global economy to DOUBLE in size - and we are currently at 135% of sustainable global capacity and you want to take it to 270% by 2050???? ARE YOU SERIOUS...??? Half of the USA is on FIRE and the other half under FLOODA and you want to DOUBLE the size of the global economy by 2050...??? Keynes was not that far wrong for thinking in the 1940's but for 2021 - idiotic. Countries are DROPPING GDP as a measure cos it is no longer valid - Iceland, New Zealand, Scotland have dropped GDP as a measure this year...
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@joansparky4439 - OK. No1 - Im not a Marxist, His critique of capitalism is astonishingly accurate, his solution not so good. But - what you just said here - I quote you... "Why do companies need to provide (economic) profit all the time? They could very well exist on revenue ~ implicit cost + explicit cost. Have you ever thought about what happens to revenue of a commodity on a free market, where competition is able to supply similar product? Have you ever thought about what happens to the profit in such an environment? Are you aware that only unfree markets can provide perpetual profits? Are you aware what market participant is extorting all others to provide it profits? And are you aware of why that participant group can do that? What they use to do that? No? I tell you. Currency with a flaw that has been around since the dawn of time. All major religions tried to counter that problem.. no success so far." I basically a summary of Das Kapital - that is almost exactly what Marx was saying. NO free market can provide perpetual profits. The market Has to be manipulated to provide this AND that is NOT a desirable thing cos the earth can not sustain it. We seem to be getting hung up on names and labels but basically agreeing on the fundamentals here...
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@joansparky4439 - I have to go out now - I will read your reply later... OK
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@joansparky4439 "So why didn't Marx identify currency as (one of) the problem(s) then?" HE DID..!!! I have to work - I have to go out and do stuff - so Il will reply to all this tomorrow. Funnily enough I am just RE READING the bit on currency and it being a p[problem cos I did not quite understand it first time
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THE REASON THE GOVT NEVER COME UP with a plan to solve anything is they are literally bereft of even the concept that THAT IS THEIR JOB... This bunch or Etonian toss pots have never had to ACTUALLY produce a result in their life - the CONCEPT of doing something to help is literally missing from their psychological makeup.
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