Economic Update: The Myth of Black Buying Power

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Democracy At Work

Democracy At Work

Ай бұрын

[EU S14 E14] The Myth of Black Buying Power
This week’s Economic Update Professor Richard Wolff discusses how the capitalist political economy can explain the Baltimore bridge disaster, we explain why raising minimum wages helps big vs small businesses. We highlight the recent court rulings in New York and how cities can lower rents for their citizens as Kingston, NY just did, (if tenants mobilize to do so). Finally an Interview with Professor Jared A. Ball on the myths of black buying power and black capitalism and the role such myths play in supporting capitalism
Jared A. Ball is a Professor of Communication and Africana Studies at Morgan State University in Baltimore, MD. and author of The Myth and Propaganda of Black Buying Power. Ball is also host of the podcast “iMiXWHATiLiKE!”, co-founder of Black Power Media
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Пікірлер: 345
@tynettaballinger7530
@tynettaballinger7530 Ай бұрын
Racism in America is insidious. By saying a social program will help a minority group, the majority will allow politicians to eliminate the program but in Europe, they understand the program benefits them mostly and will not allow politicians to get away with it. If the 90% in this country could unite, we could have one of the greatest countries in history.
@authenticallysuperficial9874
@authenticallysuperficial9874 Ай бұрын
Your 90% don't have the right to murder, thieve, and enslave the 10%.
@jaymarcase9737
@jaymarcase9737 Ай бұрын
Unite to do what? Continue the exploitative foreign policy of the USA. That chapter is ending.
@crescentprincekronos2518
@crescentprincekronos2518 Ай бұрын
​@@jaymarcase9737 You'll have to forgive his lack of knowledge about how exactly we get our standard of living. He probably believes somewhat in American exceptionalism rather than the truth of American economic and military coercion.
@jaymarcase9737
@jaymarcase9737 Ай бұрын
@@crescentprincekronos2518 facts.
@snapshotsreviews4967
@snapshotsreviews4967 Ай бұрын
News flash America is a cartoon and nothing makes sense
@cheri238
@cheri238 Ай бұрын
Thank you Professor Richard Wolff and Professor Jared A. Ball.
@rogerdorsey7823
@rogerdorsey7823 Ай бұрын
GREED DOES NOT AND IS NOT WILLING TO FACE REALITY AND RESPONSABILITY.
@jordonbriggs1
@jordonbriggs1 Ай бұрын
I’m glad I can feel like I’m not alone in my thinking that the myth of buying power for black people is not a path to equality. The media messaging is everywhere and it’s heavy. Thank you Dr Ball and Richard Wolff
@Kinghercules
@Kinghercules Ай бұрын
Complete BS! This is one of the reasons I stopped listen to that MF. So we can't use our money to support our ppl but the Asians and Latinos can!!! That's complete BS!!! How many Black grocery stores in your city compared to the Latinos and Asian grocery stores???
@onceagain6184
@onceagain6184 Ай бұрын
"Equality " is a very vague concept! Black buying power can be used the same way it was used during the Civil Rights era!
@paulomilan515
@paulomilan515 Ай бұрын
I am so tired of hearing my people say we can keep our money in the community without critically examining why it's not happening.
@paulomilan515
@paulomilan515 Ай бұрын
​@@onceagain6184no it can't because the same conditions do not exist now. The 60's economy is long gone.
@Kinghercules
@Kinghercules Ай бұрын
@@paulomilan515 We know why its happening. Thats why Amos Wilson wrote Blue Print for Black Power and Black on Black Violence. Combind those with Wade Nobles Island of Memes and apply the ideology and shit will get solved. But the main reason is that too many of us are worried about how white ppl feel and what they think.
@mrmopbisminnesota9036
@mrmopbisminnesota9036 29 күн бұрын
200 years of free SLAVE labor is not free market Capitalism.
@jerrellhoggard6599
@jerrellhoggard6599 Ай бұрын
Black wealth is one half of one percent
@teastrainer3604
@teastrainer3604 Ай бұрын
Almost every television commercial targets the poorest segment of society. It's virtue signaling by advertisers and nothing else.
@Rusyn1910
@Rusyn1910 Ай бұрын
@@teastrainer3604in the last 15 years it’s to make: Black and brown bodies seen. Give resources (paycheck) to black and brown bodies. Diversity. Inclusion. Equity. BLM and their Intersectional Allies put pressure on advertising companies to do so. So all those black and brown bodies you see on commercials was in large part them.
@Egalitarianism_Secularism
@Egalitarianism_Secularism Ай бұрын
With 13% of the population??? What’s wrong with yall??? What’s the problem???? You live in modernity. No one else gets 12 years to DECIDE what they’d like to do with life. School is a luxury. Unstressed kids are a luxury.
@DrJaylenPayne
@DrJaylenPayne Ай бұрын
That's cause white folk had a BIG HEADSTART and other races get grants to open businesses in our black communities while we get denied business loans and other capital. I ain't mad, my ancestors were slaves so I feel like we doin good for ourselves considering most people hate black people 😂Is what it is 🤷🏿‍♂️somebody had to be the last in this Race stuff. I do often wonder what would have happened if my slave ancestors had gotten their promised 40 acres and a mile from the Govt
@MsTy2908
@MsTy2908 Ай бұрын
​@@Egalitarianism_Secularism13 percent not including the malotos, and other black "subcategories " ? Right😂 most people are checking other,.. so I wouldn't be surprised if the real diaspora isn't accounting 10% now
@jackdolphy8965
@jackdolphy8965 Ай бұрын
Fabulous to see Jared Ball here!!! Thank you Professor Wolf for hosting him. Definitely have him back soon. 🙏🏼
@normadenemurphy7454
@normadenemurphy7454 Ай бұрын
Good to hear and see Dr Ball on your show. Thanks
@Chengtan-rx9po
@Chengtan-rx9po Ай бұрын
Thanks for the live broadcast prof Wolff & Dr Ball
@Marxist2
@Marxist2 Ай бұрын
As usual, Prof. Wolff I'm glad you tackled with such an important issue & I thank you for having such an amazing guest as Professor Jared A. Ball.
@merovingian688
@merovingian688 Ай бұрын
Buy power? Having to spend your money instead of saving and investing is power?
@jonathanwallace6667
@jonathanwallace6667 Ай бұрын
It's not power
@AnActualDinosaur
@AnActualDinosaur Ай бұрын
Loved the conversation with Dr. Ball. Short, but full of intesting ideas.
@shawniquamcadams
@shawniquamcadams Ай бұрын
Please bring Dr. Ball ❤❤❤❤
@nholth
@nholth Ай бұрын
I work to preserve historic bridges and encourage maintainance of existing bridges and what you say makes perfect sense because time and time again we see bridges being left to rot and then be demolished and replaced when they can and should have been maintained for a longer service life or in the case of historic bridges preserveing their cultural value. Capitalism is as such now helping to destroy the transportation heritage that had enabled this country to prosper under capitalism. Its sad.
@erikaarnold4780
@erikaarnold4780 Ай бұрын
Wow. Your job sounds very frustrating, but somebody has got to do something. Now if only there we like 20,000 of you….we might get somewhere! Thank you for your work👍🏾
@willrouse82
@willrouse82 Ай бұрын
Dr. Ball!
@mpilonkambule6013
@mpilonkambule6013 Ай бұрын
Very happy to see Dr. Ball joining Prof. Wolf. I hope this symbiosis will continue. You both are doing great work educating us!
@leroitiaks
@leroitiaks Ай бұрын
Jared! Excellent guess, Sir!
@terryconley5580
@terryconley5580 Ай бұрын
Thank you Prof. Wolff and Dr.Ball #StopCopNation ‼️
@pipster1891
@pipster1891 Ай бұрын
I find that the people who own small businesses tend to support the conservative policies that help big business. In old parlance, the petit bourgeoisie, the most reactionary of classes.
@mikolowiskamikolowiska4993
@mikolowiskamikolowiska4993 Ай бұрын
You don't find that ppl who own nothing prefer liberal policies that help no one
@erikaarnold4780
@erikaarnold4780 Ай бұрын
Facts. I see a lot of that with the business owning class. They speak and vote as if they are Amazon. They can also be very cynical about sustainability and corporate regulation. Voting against their own best interests=cognitive dissonance
@kidadel8
@kidadel8 Ай бұрын
Dr. Ball, thank you for your work in critiquing and dispelling these bourgeois notions of freedom that has taken over our thinking around Black liberation. I fight against these ideas everyday as an organizer.
@abelayele3130
@abelayele3130 Ай бұрын
Very happy to see this collaboration. This is wonderful
@loisk6186
@loisk6186 Ай бұрын
“Counter insurgency propaganda” - yes. important ideas. Great guest. Great interview.
@treeztop
@treeztop Ай бұрын
Ball and Wolff together. This is beautiful.
@RochusMr
@RochusMr Ай бұрын
Dr. Ball drops the truth on something very important
@mattesparza2072
@mattesparza2072 Ай бұрын
Damn Dr.Ball really got a fucking roll there, dude’s spitting fire 🔥🔥 The idea of media as a weapon of counter insurgency, as physiological waefare, is something many of us understand intuitively. Dr.Ball just put it perfectly, as Professor Wolf perfectly described the state of doom at the conditions of the declining US empire.
@MelissaHobbs-qm8wi
@MelissaHobbs-qm8wi Ай бұрын
The cost of living seems to be increasing every year, making it harder to keep up.
@LeahLewis-ny9iu
@LeahLewis-ny9iu Ай бұрын
Indeed, it's becoming quite challenging to manage expenses.
@WhitneyRoss-dj4rf
@WhitneyRoss-dj4rf Ай бұрын
I've actually managed to stay ahead of the curve. I'm even contemplating early retirement
@ChloeCarter-kd7gz
@ChloeCarter-kd7gz Ай бұрын
@@WhitneyRoss-dj4rf Impressive! How did you achieve that?
@WhitneyRoss-dj4rf
@WhitneyRoss-dj4rf Ай бұрын
@@ChloeCarter-kd7gz That's where experts like Wendy Joyce Woods come in. Her predictions and guidance have been instrumental for many speculator during these turbulent times.
@EricaWaters-lr6zw
@EricaWaters-lr6zw Ай бұрын
Wendy Joyce Woods? I've heard her insight and calls across forex, stocks, and crypto have been the best in the last five years.
@eugene9446
@eugene9446 Ай бұрын
Great content. Insightful guest!
@suzanneharris8339
@suzanneharris8339 Ай бұрын
The segment on the bridge/infrastruction problems really struck home for me. For almost a decade, the board of directors in my condo refused to raise association fees because too many owners claimed they were living on fixed incomes & couldn't afford an increase. "Deferred maintenence" on the 3 story, 90 unit structure was the way forward. Enough deterioration during that 10 years caused so many problems, we nearly lost our insurance overage. The solution was to raise owner's fees drastically & borrow several hundred thousand dollars. Capitalism at its finest. 👇 😡 👊
@greenvelvet
@greenvelvet Ай бұрын
Professor wolf please talk about the insane overreaction by businesses in California about the $20 minimum wage. They're claiming that they're going to have to raise prices on customers cut staff and close business
@mikolowiskamikolowiska4993
@mikolowiskamikolowiska4993 Ай бұрын
Do you have a business?
@Lanceswizzle
@Lanceswizzle 29 күн бұрын
That's what is happening. When the cost of doing business rises, the cost of the product or service rise. What don't you people understand about basic math?
@tony538
@tony538 Ай бұрын
I'm a trucking company owner, i been every where in a america, i would give the infrastructure in america an F, from louisiana to mississippi to indiana and on and on, tolls are very expensive for example 76 from pittsburgh to philadelphia is 375$, indiana i80 it's 90 ml for 54$ it's total peace of garbage hwy but it's revenue for the state, indiana needs to start over with their hwys, 59 hwy in texas is third world hwy and it's a major hwy my advice never drive on it, every one is after the working man, i got pulled over being in the wrong st in brooklyn, 2300$ tickets and 750 $ attorney to protect my license, I'm trying to sale my business and move out of america, you can have it
@luizamorim1626
@luizamorim1626 Ай бұрын
Prof Jared A. Ball reminds me a little of the great Malcolm X. He's got the charisma!
@wilmars9146
@wilmars9146 Ай бұрын
MALCOLM X was much more than " charisma ".
@bukikkimuzzas254
@bukikkimuzzas254 Ай бұрын
Wow finally !
@airaliteextinct5458
@airaliteextinct5458 Ай бұрын
Very productive 👍🏿 👍🏿
@kipwonder2233
@kipwonder2233 Ай бұрын
Fascinating discussion. Professor Ball is spot on with the concept of an ideological counterinsurgency via messaging. We see this in the consistent description of Russia's war in Ukraine as being "unprovoked". We see this in the constant framing of Xi Jinping as "authoritarian". We see this in the requirement that every discussion of Israel/Palestine start with an interrogation "Do you denounce the horrible acts of Hamas???" The messaging is coordinated globally. It is all pervasive. It is...creepy...honestly. Reminds me of the George Orwell quote from 1984: "The past was alterable. The past never had been altered. Oceania was at war with Eastasia. Oceania had always been at war with Eastasia."
@Dorian_sapiens
@Dorian_sapiens Ай бұрын
I love the points you're making, and I agree that Dr. Ball's insights into the propaganda war being waged against us are some of the most important things he brings to the table. I just have to point out the irony of using George Orwell to make the point, since Orwell was an active participant in that war. Knowing what we know about Orwell, it's hard not to read his work as a sly confession that he believed no one would ever notice.
@bertbaker7067
@bertbaker7067 Ай бұрын
Well said.
@kipwonder2233
@kipwonder2233 Ай бұрын
​@@Dorian_sapiens Well...I know Orwell fought in the Spanish Civil War. Much of his writing was a thinly veiled critique of the propaganda associated with...that war specifically but also...war in general. Although, I don't believe that's the point you're making.
@Dorian_sapiens
@Dorian_sapiens Ай бұрын
@@kipwonder2233 Orwell collaborated with the Information Research Department, which wikipedia describes as "a secret propaganda organisation of the British state under the Foreign Office." One of the things he did for that organization was give them a list of communists and suspected communists. One of the names on his list was Paul Robeson, whom he described as "very anti-white". You can read about this in the wikipedia article called "Orwell's List". Another thing I highly recommend reading is fellow science fiction author Isaac Asimov's review of _1984._ It gives some great insights into the social and political context around the writing of both _1984_ and _Animal Farm._
@Dorian_sapiens
@Dorian_sapiens Ай бұрын
@@kipwonder2233 Orwell collaborated with the Information Research Department, which wikipedia describes as "a secret propaganda organisation of the British state under the Foreign Office." One of the things he did for that organization was give them a list of communists and suspected communists. You can read about this in the wikipedia article called "Orwell's List". One of the names on his list was Paul Robeson, and I'll leave it to you to go and see the quite racist way Orwell described him. Another thing I highly recommend reading is fellow science fiction author Isaac Asimov's review of _1984._ It gives some great insights into the propagandistic function of both _1984_ and _Animal Farm,_ in light of the social and political contexts in which they were published.
@geraldmantel4955
@geraldmantel4955 Ай бұрын
"Kick the Bridge Down the Road," even though the can is easier ....
@TimedTim
@TimedTim Ай бұрын
10k views and 100 likes? Push that button people!
@empowerman1
@empowerman1 Ай бұрын
Great guest and discussion of an overlooked issue that if not resolved will further degrade US. Kudos for you having Dr. Ball, a brilliant and unsung scholar like many other Africans in America.
@BryanHagerla
@BryanHagerla Ай бұрын
hit a home run with this one - great to meet Prof Ball
@vivalaleta
@vivalaleta Ай бұрын
Love this guest. A very valuable conversation. Thanks.
@smurfmama2020
@smurfmama2020 Ай бұрын
No one ever mentions that capitalism actually gives people PTSD. Erich Fromm eluded to capitalism/ mental illness authoritarianism and or capitalism. One must groom and prime their children to participate and conform to a capitalist economy. Especially middle class progressives who once rebelled as hippies decided to participate in commodifying their children by sending them to universities and competing for slots in those schools. There’s little to no room for self expression, self exploration, time to relax and thrive. This is a highly abhorrent system. There’s no community to fall back on. Not to mention it encourages very toxic people like narcissists and sociopaths to show their true colors with no shame. Which makes any hope of community, family, extended family absolutely impossible.
@yahyaraz4617
@yahyaraz4617 27 күн бұрын
Well said!
@mudpiemudpie785
@mudpiemudpie785 Ай бұрын
The politicians seem fine with taxing the middle class.
@AdventuresnTyland
@AdventuresnTyland 29 күн бұрын
We can do group economics and politics…. They go hand in hand
@vivalaleta
@vivalaleta Ай бұрын
I think the system sees a police state coming.
@greendesertgoddess
@greendesertgoddess 11 күн бұрын
Great listening!
@theresapelham1918
@theresapelham1918 Ай бұрын
Phenomenal .....
@denyce2288
@denyce2288 Ай бұрын
Great show!
@abelayele3130
@abelayele3130 Ай бұрын
Go Prof Wolf 7 Prof Ball/BPM
@courtlaw1
@courtlaw1 Ай бұрын
Thanks!
@bungkusi2432
@bungkusi2432 Ай бұрын
London bridge is faalii down, faalii down. Wait, this is not London
@garyz92
@garyz92 Ай бұрын
Professor Wolf Tukwila is pronounced - Tuck Will Ah I live in Seattle, Tukwila is a very interesting ,and ethnically diverse city. Good to hear the minimum wage has set a record as highest in the country.
@poppysunsettlingstories
@poppysunsettlingstories Ай бұрын
Excellent. So good to see Dr Ball getting to speak here. Serendipity baby!
@OneLovePeace
@OneLovePeace Ай бұрын
Thank you!
@vivalaleta
@vivalaleta Ай бұрын
Copy City singular? I've seen a map showing plans or current builds for them in almost every state. There's three planned in mine.
@howardfox6660
@howardfox6660 Ай бұрын
Great. Thank you
@jonathanwallace6667
@jonathanwallace6667 Ай бұрын
Sir, since we know that wealth isn't gonna be redistributed or trickle down we need to live on written budgets, save and invest our money, start our own businesses and stop buying their (S) and start buying shares of ownership (stocks) in these companies. Yes, it is smarter to go to the discount house. Why pay more than u have to?
@BryanHagerla
@BryanHagerla Ай бұрын
IRRATIONALITY of market-based capitalism; love it!
@mikolowiskamikolowiska4993
@mikolowiskamikolowiska4993 Ай бұрын
Where had socialism ever worked
@StevenPhelps-sr8co
@StevenPhelps-sr8co Ай бұрын
Very few podcast networks like this one on open dialogue, without Deflecting and avoidance not hurting it's sponsorships . Hearing a different topics from the wealthy to consumers diversity based on the economy is explicable contents. Awesome!
@JG-dy2hk
@JG-dy2hk Ай бұрын
This was a terrific dialogue!
@tonybarnes2473
@tonybarnes2473 Ай бұрын
Been watching Wolf for years Excellent content.
@rubennordberg8133
@rubennordberg8133 Ай бұрын
Great work Prof! Pleasure as always! ❤✊️
@idontlikesand1346
@idontlikesand1346 Ай бұрын
🔥🔥🔥
@moety2
@moety2 Ай бұрын
A somewhat interesting conversation. I would have liked to hear some statistics to go along the myth of black buying power.
@meanscene914
@meanscene914 2 күн бұрын
There is a book on this subject by the same Prof, Myth and Propaganda of Black Buying Power. The second edition was released last year i believe.
@moety2
@moety2 2 күн бұрын
@@meanscene914 thank you
@saul2007t
@saul2007t Ай бұрын
A great and enlightening interview. 👍
@gannibalof21st
@gannibalof21st Ай бұрын
Gotta love anecdotes and conspiracy theories as people's rebuttals. Murica right. Doesn't matter that the guest has whole list of sources and references in his book, but it's all about mi daddy and what mi daddy says says. By the way, Great guest and conversation.
@anneclarke1598
@anneclarke1598 Ай бұрын
Great Interview with Jared .Learned loads thank you for great show
@loisk6186
@loisk6186 Ай бұрын
I hate being called a consumer. Especially as related to healthcare. It’s demeaning. It is presumptuous. It makes you complicit in the abuse powerful corporate and political entities are perpetrating on you.
@eddiekulp1241
@eddiekulp1241 Ай бұрын
My rent tied to income on S.S , at least its controlled . Most peoples are not
@mikolowiskamikolowiska4993
@mikolowiskamikolowiska4993 Ай бұрын
Why did you depend on SS. You had 40yrs to figure out out
@jaiyabyrd4177
@jaiyabyrd4177 Ай бұрын
🔥 This is such an outstanding conversation. Thank You for pointing out the reality of this propaganda. Great Show
@c.a.6972
@c.a.6972 Ай бұрын
✊🏿✊🏿✊🏿 Word yo
@WarrenHolly
@WarrenHolly Ай бұрын
New Sub. Xcited to be here 🙏🏾
@andrefarmer7948
@andrefarmer7948 Ай бұрын
Hoorayyy!!
@allonesame6467
@allonesame6467 Ай бұрын
Thank you
@vanbraxton8422
@vanbraxton8422 Ай бұрын
Why,why Richard of all people you known the Answer, WAR, WAR, & More WAR. Thats where the money goes😮😢
@51isALL
@51isALL Ай бұрын
Antonio Moore or Yvette Carnell would be great to speak about the wealth position of ADOS people in America.
@lloydglyn6831
@lloydglyn6831 Ай бұрын
Thank you mr wolff i really enjoyed your study regarding china
@isaacashurov365
@isaacashurov365 Ай бұрын
Well a little correction politicians don't really need to raise taxes because they already way too high it just need to be reconsidered where they spend their tax money because we constantly in the war we have some other expenses that we should never have
@tminusmat
@tminusmat Ай бұрын
Taxes r not used for spending
@lisaflores8801
@lisaflores8801 Ай бұрын
Dr Ball!!!
@markbulmer5227
@markbulmer5227 Ай бұрын
I agree Professor Wolff, think the world is spinning towards a super nation, and empire is no longer that attractive ... physical distance is what created different people , the distance is no longer there, the synergistic outcome is going to be the better option.... the frictions to that combination will be resolved over time, I think there is a dormant intelligence in the species
@ithajean
@ithajean Ай бұрын
Mind blowing truism
@philipzaccheus8398
@philipzaccheus8398 Ай бұрын
Informative information for knowledge seekers listening is an important asset. Continue listening for the leading narratives noting whose interests these belong. Collecting information for better understanding knowledge learning TO OWNING OWN good knowledge for the better knowledge satisfying own knowledge lasting conclusions.
@JMoroccoMisterBoy
@JMoroccoMisterBoy Ай бұрын
Tks. much.
@rcmrcm3370
@rcmrcm3370 Ай бұрын
❤❤❤
@iondowman273
@iondowman273 Ай бұрын
c10:00 The United States (and the Anglophone West following suit) is run like a corporation - a corporation whose management is milking the plant that produces the goods. To increase profits short term, you skimp on maintenance, work the machinery until it busts. If you time it right, you will have moved on and up, and the poor schmuck who takes over will be saddled with the costs (a) of repairing the damage when the plant falls over, or (b) recreating the maintenance and preventive maintenance programmes, more than likely, from scratch. Just by the way, more than 40 years ago I worked for a US based international corporation. One thing that was very notable: its strict adherence to regular preventive maintenance and to that other oft neglected programme: internal training and professional development. In many respects, this was an outfit that commanded respect, and of which to this day, I have fond memories.
@timothytibbits7942
@timothytibbits7942 Ай бұрын
Corporations are very concerned about balancing their budget. Not only that but they are very concerned about being in the black. How can you say the government is run like a corporation?
@iondowman273
@iondowman273 Ай бұрын
@@timothytibbits7942 For a start, that governments should be run in a businesslike manner does NOT mean governments should be run like a business (or a corporation). In fact if a government is running a financial surplus (a profit), it is taking money out of the economy; if running a deficit, it is putting money into the economy. Of course, go too far either way you damage the economy. The 'balancing the budget' principle can cover all manner corporate virtues, sure. But it can also mask all manner of sins, such as what I have been describing. Some corporate top executives may simply be parasites, feeding off corporate largesse (salary, benefits and bonuses) by looking good (reducing expenditure, or increasing output), whilst actually damaging the corporate body (e.g. milking, or even thrashing, the capital assets). And I'm not even talking about predator businesses - corporate raiders and suchlike. It can be a 'small' thing. About 40 years ago in this country, a prominent manufacturing company lost a lucrative oversea account by short-weighting a major component of the product it was selling at the time. This saved money on raw materials, but when the customer (a hotel chain) eventually noticed, they at once terminated the business. If that customer chose to let others know of the fraud, and/or sought compensation, the net cost overall must have cost the manufacturer huge. Just for the sake of skimping a few bucks. This sort of nonsense happens ALL THE TIME.
@timothytibbits7942
@timothytibbits7942 Ай бұрын
You make some good points but your examples seem only vaguely applicable. There may be some negative results of running the country in a businesslike financially responsible way but my prediction is that running the country in the irresponsible way they do is going to crash the greenback and our descendants will end up being poor when they could have been affluent.
@iondowman273
@iondowman273 Ай бұрын
@@timothytibbits7942 From what I've been hearing, the examples I have given of corporate (mis-)behaviour are very applicable to the US 'body corporate'. Consider the nation's infrastructure as it's 'plant'. What has been happening to it? What HASN'T been happening to it? Donald Trump came up with an idea of tackling infrastructure breakdown by employing the jobless - not a bad notion, though, after being pilloried by media and political opponents, it never made it into policy. Instead, vast amounts of treasure - tax-revenue - is being poured into the military industrial complex and foreign military adventures, for no discernable national benefit, and some very discernable (even at this distance) national harm. I reckon 'milking the assets' is not so inapt a description of what is happening. Just ask the people of Michigan, Ohio, Baltimore, New York, California...
@iondowman273
@iondowman273 Ай бұрын
Reading back your comment and my reply, I think we are actually in broad agreement. By 'businesslike', I mean 'responsible', with due diligence for the health and well-being of a given enterprise - of a nation as well as a private corporation.
@batgirlp5561
@batgirlp5561 Ай бұрын
Tax the rich and make them pay their fair share, close their tax loopholes.
@MrDXRamirez
@MrDXRamirez Ай бұрын
Well, all I see is that in the past people never worked machines bearing value ( i.e., AI, EVs, Cell Phones, Video Gaming, Trucks, Cars, Ships, Bridges, Tunnels, Buildings, Cities, Land, Water, Air, etc.), people made value by working and whatever machines and tools they used were just that, tools. Tools and machines were not capital investments when modern infrastructure projects were built. Only when technology shrank them from the size of windmills to the size of a digital microchip processor did tools become investments for speculation. Everyone is divided as a manager or a worker not only because it was seen as better than being socially divided into masters and feudal slaves or serfs but more so because the technology and machinery was getting smaller in size and more specialized that it accommodated more people be involved in employment than a small limited population of slaves or serfs doing all the work. Now that technology and machinery has become smaller and more portable it made work lighter and less skilled. The smaller the technology the less skilled the workforce became to the point that nobody knows how to fix a door or a leak and only knows how to repeat a task and never go outside of the boundaries of their particular task never mind make a decision!
@LaLasta
@LaLasta Ай бұрын
YES! 🔥🙌🏽❤
@ernstthalmann4306
@ernstthalmann4306 Ай бұрын
It's always been psychological warfare against working folk. To make us give up. Never surrender!!!
@philipzaccheus8398
@philipzaccheus8398 Ай бұрын
Informative information for knowledge seekers listening is an important asset. Continue listening for better understanding knowledge for learning Owning Own better knowledge learned from collected informative narratives for lasting satisfying knowledge conclusions.
@crescentprincekronos2518
@crescentprincekronos2518 Ай бұрын
Like always with discussions, there are things i agree with and there are things i don't agree with. Overall, good discussion.
@joshuapouncey8111
@joshuapouncey8111 28 күн бұрын
I thought the worker's on the bridge that drowned were administering maintenance when it collapsed
@marthazziwa1273
@marthazziwa1273 Ай бұрын
When I can I’m gonna buy his book
@judyvaughn761
@judyvaughn761 26 күн бұрын
Thank you for explaining the deal with the rich because I kept saying why don't we TAX the rich and I could never get an answer for it and then people would say oh it's not the rich people's fault it is absolutely the rich and the government's fault
@b-rainwash410
@b-rainwash410 Ай бұрын
👨🏼‍🎓👩‍💻👨‍🏫
@Jasmin.M-hz5ty
@Jasmin.M-hz5ty Ай бұрын
Recently i have see on youtube video named,living from paycheck to paycheck.So i would like to ask few questions,1.What problems company and owner have if they keep employees on paycheck to paycheck.2.What it should be done to make bouth owner of company and his employees happy.
@vanbraxton8422
@vanbraxton8422 Ай бұрын
All the contractors who wins the Bid ( oooooyea bidless contracts) Will be very HAPPY 😅
@KandyGTV
@KandyGTV Ай бұрын
Interesting video, especially because Mr. Wolf has expressed in the past that he doesn't believe in reparations for ADOS 🤔
@meanscene914
@meanscene914 2 күн бұрын
None of this has to do with ADOS. Can you explain where you see the contradiction ?
@drb215
@drb215 Ай бұрын
call that black man by the title he earned....he is Dr. Ball!
@meanscene914
@meanscene914 2 күн бұрын
Professor = Doctor
@vps1948
@vps1948 Ай бұрын
You can tax all you want, it will be spent by politicians unwisely and bridges will continue to fail. Federal government borrows money so much why didn't they fox the bridges with that money?
@user-sg6ce3tx7s
@user-sg6ce3tx7s 6 күн бұрын
Black buying power meaning a customer,a indentured servant or a slave to material goods ..,Who makes these goods and materials,who profit from these pridcuts and materials the customer or the producer?????
@BryanHagerla
@BryanHagerla Ай бұрын
can you do something about high rents???? YES, you can!!!!
@googlemechuck4217
@googlemechuck4217 Ай бұрын
Tuk will ah
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