Comments by "No One" (@joermundgand) on "Owen Jones meets Rebecca Long-Bailey: 'Neoliberalism has fallen to pieces'" video.

  1. Tiny problem, supply and demand vis-a-vis labour, more people means more labour, if you import more people these investments will not cause demand for labour to rise because there will be a surplus supply, that means wages won't go up. But it is pointless to even write this...
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  2. Guinness. I did answer it, you apparently lack the capacity to understand what national sovereignty entails.
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  3. Guinness. Certainly that will happen if you subscribe to the idea of fettered market access, which would make you a neoliberal in your approach to economics, unfortunately your vision is merely a continuation of the policies that has led to the destruction of manufacturing in the 1st world and the subsequent economic inequality and political turmoil created by the religious followers of the concept of a supernational market state. This vision however only functions if all states subscribes to this idea, which hasn't happened and never will happen. The reality is the agro corporations such as unilever and nestle has successfully sold you the idea of the market being a deity that must be obeyed without question, I think it is time that states reassert themselves and show such entities that states embued with legitimacy and the accoutrements of power can easily challenge them and facilitate a greater velocity of wealth within their populations.
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  4. Guinness. Does this answer the questions.
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  5. Guinness. I did, supply of labour, an abundance of supply means the cost of labour decreases, the labour is paid less and their purchasing power decreases, scarcity of labour means the wages go up, their purchasing power increases and so they can afford to buy more expensive fruit and veg. In turn the manufacturer can then pay higher wages to labour, this in turn increases the velocity of wealth and distributes more wealth to the general population.
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