How Capitalism Makes You LESS Free | Grace Blakeley Meets Aaron Bastani

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Novara Media

Novara Media

Күн бұрын

Common sense tells us that free-market economies maximise freedom and that planned economies, typically found under socialist governments, curtail it. But what if this is completely the wrong way around?
On this episode of Downstream Aaron is joined by economist and author Grace Blakeley to discuss Henry Ford, Boeing and the nature of democracy.
You can buy Grace’s latest book ‘Vulture Capitalism’ here:
www.bloomsbury.com/uk/vulture...
00:00 Intro
03:43 Why I Wrote ‘Vulture Capitalism’
07:47 Myths About the State and Where They Come From
15.48 The Problem With Monopolies & Boeing
25:53 Henry Ford
38:36 Innovation Myths, Workers & Hierarchy
55:06 How do you Build a Democratic Society?
1:01:03 What Is ‘Unfreedom’?
Novara Live broadcasts every weekday from 6PM on KZfaq and Twitch.
Episodes of Downstream are released Sundays at 3PM on KZfaq.
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Пікірлер: 757
@DeltaV-sayno2CCP
@DeltaV-sayno2CCP 16 күн бұрын
They want you broke, fearful, helpless, fighting, dumb and ignorant. The system takes from hard working people and gives to the greedy, corrupt liars. Stand up, find your voice and fight back.
@coopsnz1
@coopsnz1 16 күн бұрын
gives to lazy people or poltical class steal it for there own intrest taxes is theft
@stevenredpath9332
@stevenredpath9332 16 күн бұрын
You left out isolated. That is the key aspect to it all.
@garethatkinson2549
@garethatkinson2549 16 күн бұрын
@stevenredpath9332 that was exactly what I was going to say...
@begoode2385
@begoode2385 16 күн бұрын
Now you know what Black people have been dealing with. How does it feel?
@JamesWalker-ky5yr
@JamesWalker-ky5yr 16 күн бұрын
'the system' is the key. Free market capitalism is a system. Marxist critique is philosophy. The UK has a vestige of feudalism. How does a system come about and what system will displace capitalism in an era of climate catastrophe, mass migration, AI and robotics. The concept of the working class will likely disappear. What are we if we aren't slave, serf or employee?
@theredboneking
@theredboneking 16 күн бұрын
Mark Twain - 'If voting made any difference they wouldn't let us do it.'
@coreyc1685
@coreyc1685 16 күн бұрын
While I agree democracy isn't perfect I would reverse that statement and say if voting didn't have the potential to make a difference authoritarians wouldn't work so hard to take it away from us. The right to vote wasn't handed down to us by benevolent elites. It's not something they 'let' us do. Mass movements fought for it over centuries, opposed every step of the way by wealthy conservative interests.
@EmaryTegan
@EmaryTegan 16 күн бұрын
“If voting changed anything, they’d make it illegal,” is a famous quote by Emma Goldman, a Russian-born US political activist, anarchist and writer (1869-1940).
@gregprocter765
@gregprocter765 16 күн бұрын
@@coreyc1685 just because people fought for a scenario where they get a imagined democracy doesn't change the reality of it being a placebo.
@Stoddardian
@Stoddardian 16 күн бұрын
Cool it with the anti-Semitic remarks.
@autumngraves4322
@autumngraves4322 16 күн бұрын
@@Stoddardiando you get paid to troll or is this something you do as an individualist in your free time?
@purplecrown505
@purplecrown505 16 күн бұрын
Privatise the gains, socialise the losses: Capitalism in a nutshell.
@Stoddardian
@Stoddardian 16 күн бұрын
It's brilliant though. All you can do about it is whine like a resentful peasant.
@MattAngiono
@MattAngiono 16 күн бұрын
​@Stoddardian this is techno feudalism, so they let the peasants be keyboard warriors... Nonetheless, our power to stop this is nonexistent if we can't work together
@colorpg152
@colorpg152 16 күн бұрын
@@Stoddardian not any more brilliant than a robber its just immoral
@SuperZorgus
@SuperZorgus 16 күн бұрын
Isn’t that corporatism really?
@MattAngiono
@MattAngiono 16 күн бұрын
@@SuperZorgus capitalism is pretty much set to become corporatism and imperialism. And apparently, leading back into feudalism, which is essentially where we're at
@user-vn5sd9ug5y
@user-vn5sd9ug5y 16 күн бұрын
I work in healthcare and Grace is CORRECT about the feedback loop from the ground up. So much of the highest management is disconnected from the realities on the ground and horrible decisions are made as a consequence.
@misscogito9865
@misscogito9865 15 күн бұрын
I work in finance and this is also the case.
@nasreenakhtar8521
@nasreenakhtar8521 14 күн бұрын
It worked during covid when front line took over planning and implementation of covid jab rollout.
@misscogito9865
@misscogito9865 14 күн бұрын
@@nasreenakhtar8521 excellent point
@decadentanciennebourgeoisie
@decadentanciennebourgeoisie 10 күн бұрын
@@misscogito9865cooperative decentralized economy is better and more humane than centralized capitalist economy where BlackRock and VanGuard have 10$ trillion in assets under management worldwide, which gives them enormous control over every aspect of life , and turns us into modern day slaves.
@rsimpson69
@rsimpson69 7 күн бұрын
You work in captured industries. They are poor analogs for free market capitalistic effort.
@user-ys4ff8cr2w
@user-ys4ff8cr2w 16 күн бұрын
"When injustice becomes law, Resistance becomes duty"
@begoode2385
@begoode2385 16 күн бұрын
This country was built on hypocrisy. It’s was never based on justice, only domination.
@CHIEF_420
@CHIEF_420 16 күн бұрын
🇺🇲⌚️
@sufmeister786
@sufmeister786 15 күн бұрын
💯 Free Free Free Palestine 🇵🇸
@benfisher1376
@benfisher1376 12 күн бұрын
Anymore clichés??😂
@tuckerbugeater
@tuckerbugeater 12 күн бұрын
@@sufmeister786 mind control
@waynekerr5645
@waynekerr5645 16 күн бұрын
‘Workers in a sector, that have expertise in that sector, do not need to be managed’. I completely agree. I started work at a large media organisation in the late ‘80s and had one person between me and director level. When I left there were seven people. Managers managing managers made no sense and made my job a ball ache.
@philsanders9625
@philsanders9625 14 күн бұрын
Interesting. See on my side in tech, project managers are priceless. They facilitate communication between vastly different teams and views. We've worked a lot with teams that have flat hierarchy structures, and it's a mess. No decision can be made without full attendance, there's never full attendance. Professionals are often placed on the same level as amateurs on a particular topic. It also breeds a very clique attitude to work, where politics are rife and mob rule becomes a huge issue. I truly beleive management is a true skill, but it's based on communication and empathy, rather than force and position. Think of leaders over bosses. What do you think about all this? Very different experiences.
@jamesregiste960
@jamesregiste960 13 күн бұрын
You just rattled off the usual excuses for hierarchical systems, "I believe," the same as John Locke, !😮😅😊
@adamhixon
@adamhixon 4 күн бұрын
In my current job I do have managers but they are very hands off with us. They have the attitude that it is their role to enable us to produce value and that's what they spend most of their time doing. I reach out and contact my manager probably two or three times more often than he contacts me. They only care about the quality and quantity of our productivity. We are judged solely on the job performance rather than on our ability to make ourselves look busy. We've gotten a couple employees over the years that did take advantage of this paradigm but they were pretty easy to spot and get rid of in their first 90 days. For most of us this has been very a effective way of cultivating a workforce that takes pride in their work.
@kitburns1665
@kitburns1665 16 күн бұрын
Boeing made $60 Billion in stock buy backs rather than develop safety, better pay, or a new plane. . . ..
@rsimpson69
@rsimpson69 7 күн бұрын
And you would be freer to choose other options if the regulators were not so captured by the industry, and vice versa.
@Mikeybhoy1979
@Mikeybhoy1979 6 күн бұрын
The ills of corporatism and financial deregulation.
@willboler830
@willboler830 16 күн бұрын
I've worked in engineering and research, and often times the projects I worked on were disrupted or sabotaged by management. Management was always the disruption in progress.
@CuriousCrow-mp4cx
@CuriousCrow-mp4cx 16 күн бұрын
OMG. Any innovation that disrupted the office political hierarchies were always deep sixed, sometimes by sabotage or by literally destroying people's reputations, health, and careers. And on a larger scale, corruption in government, Brexit, and things like the TTIP negotiations, where the US bribed EU Commission functionaries to try and push through a treaty which would have ripped off EU taxpayers (Which the Tories supported, because it would have driven through NHS privatisation). The timely failure off precipitate American oligarchs persuading British Oligarchs that Brexit was necessary, is Techno feudalism writ large on the Global system. Nevermind the absurdities they try to make us believe, so that they can perpetrate atrocities on us and others pursuit of profit. No wonder the global economy is like an overripe fruit, slowly rotting and breaking down as the capitalist global central planning is failing to keep ordinary people healthy, happy, and fed everywhere.
@jblazer2492
@jblazer2492 15 күн бұрын
Seagulls?
@scooble
@scooble 15 күн бұрын
Chess Playing Pigeons: They swoop in, knock over all the pieces, shit all over the board, then stomp about like they've won the game
@browncow7113
@browncow7113 14 күн бұрын
Interested to hear some examples, and WHY you think that happens - would it not be in the interests of management to have successful projects?
@thomaswikstrand8397
@thomaswikstrand8397 14 күн бұрын
​@@browncow7113only tangentially. Managers need credit for success, not actual success. Thus they obsess over statistics they can present as achievements. And above all, they need to shift the blame for any failures downwards, even if they theoretically get paid more to accept responsibility.
@user-ek9wq5uy6d
@user-ek9wq5uy6d 16 күн бұрын
Grace is brilliant. I agree in any working place the shop floor will always be the place where innovation and improvements can be found. But it is also true that a good manager is vital and extremely rare and is always recognised by the shop floor workers .
@browncow7113
@browncow7113 14 күн бұрын
This is an important point I think. You maybe box yourself into a bit of a corner if you try to get rid of managers and hierarchy. There are "collaborative" managers and there are dictatorial managers. Similarly there are cases where a hierarchy is just a necessary decision-making device, and other cases where it is a status game.
@markwelch3564
@markwelch3564 13 күн бұрын
​@browncow7113 the best management has support from below Bad management has to be imposed from above
@zoolghiest7454
@zoolghiest7454 3 күн бұрын
She really don't have a clue. Donald Trump is the working and middle classes only last hope in America. Back when that man was in office our groceries where affordable, housing was affordable, fuel was affordable, and we weren't involved in funding fools errand proxy wars/and west asian ethno states putting the world on the verge of ww3. He created Peace deals in the Middle east (Abraham accords)and withdrew or tried to withdraw troops out of Syria/Afghanistan. He did domestic Prison reform more than any Democrat ever did. And he had our economy BUMPING. BUT OOOH OH NOOO HE MADE MEAN TWEETS!!
@farinshore8900
@farinshore8900 16 күн бұрын
Belief that one is powerless makes one less free.
@szymonbaranowski8184
@szymonbaranowski8184 11 күн бұрын
it makes slave of own mind created limits
@zoo-xibbitjayne2081
@zoo-xibbitjayne2081 16 күн бұрын
Good someone else is finally saying this; ive been marginalized all my life as socially maladapted for voicing these realities.
@sophiejohere
@sophiejohere 16 күн бұрын
Grace always has an amazing view point
@tomasstride9590
@tomasstride9590 16 күн бұрын
Yes amazing, and totally daft;
@kongphooey7230
@kongphooey7230 15 күн бұрын
An 'Individual' and sees herself as one. Which is Ok IMO.
@wannabepolyglott8790
@wannabepolyglott8790 16 күн бұрын
Ah I love Grace. We’re so lucky to have this smart woman fighting for us 🫶🏻
@pbunting5143
@pbunting5143 16 күн бұрын
Grace Blakeley is my favorite guest, though Novara has many I enjoy
@Kestral1978
@Kestral1978 16 күн бұрын
Unfreedom... Good concept to capture contemporary illusory senses of freedom
@72rmboyd
@72rmboyd 16 күн бұрын
Ex workers will not fly on a Boeing plan. That's a staggering piece of information
@knuckles543
@knuckles543 15 күн бұрын
i mean that's down to capitalistic shortcuts in maintenance and upkeep, cutting corners and low priced parts any pilot; no matter how skilled, cannot fly a plane set up to break mid-flight it is gross negligence via economic greed, not ''DEI'' like some nutcases and swivel-eyed loons want to pretend it is; their way to defend that failing model of upkeep
@Midland_Wolf_71
@Midland_Wolf_71 16 күн бұрын
BIG fan of Grace, looking forward to this… Go on girl….
@dmwalker24
@dmwalker24 16 күн бұрын
There seemed to be this suggestion that a group of mechanical engineers would be more capable of running a company than Aaron, which might be true, but isn't even the point. A company wouldn't just be run by engineers. There are accounting, and operations, sales, marketing, quality control, and logistics people, etc. They pool their knowledge, and the result is exponentially better than any group of executives could ever hope to achieve.
@MattAngiono
@MattAngiono 16 күн бұрын
We need both specialization and generalization to be most effective. And we need to have philosophy to tell us what it is we want to value and to effect
@Stafus
@Stafus 15 күн бұрын
sales and marketing could easily be done by any tramp on the street.
@jbob34345
@jbob34345 15 күн бұрын
I think a company requires competent leadership, just as a ship needs a captain. The world's companies run by committees would be chaos, imo.
@knuckles543
@knuckles543 15 күн бұрын
@@Stafus incorrect, you have college degrees on target markets and sales and market economics, understanding that is key, something a random might not have also nice generalization, good to know how you think of the people you deem ''lesser'' than yourself and a prospective employee by your standards
@stevenredpath9332
@stevenredpath9332 16 күн бұрын
The UK has a top heavy government model with the office of the PM being at the top of the hierarchy. We need to take power from the establishment and into our communities.
@CuriousCrow-mp4cx
@CuriousCrow-mp4cx 16 күн бұрын
You need to do more than that. You need to stop believing absurdities before you stop the atrocities being carried out on you and others. You need to move from blame to accountability, and recognise that here is no free lunch. Unless you do, nothing will change.
@EmaryTegan
@EmaryTegan 16 күн бұрын
“If voting changed anything, they’d make it illegal,” is a famous quote by Emma Goldman, a Russian-born US political activist, anarchist and writer (1869-1940).
@pd1323
@pd1323 15 күн бұрын
Grace is refreshing on a Monday morning. Great interview.
@algfourty9185
@algfourty9185 14 күн бұрын
Not sure I've ever disagreed more with Aaron's points than I have during this episode. Chiefly on managers: my brother, you're giving managers far too much credit, particularly middle management if you think this isn't an easily replaced group; most of these people take a business course that detaches them from reality and fluffs their ego until they simply make bad decisions confidently. Agree wholeheartedly with Grace's final point: power and autonomy for everyone is in and of itself a positive for the individual and society.
@simonecasanova4545
@simonecasanova4545 14 күн бұрын
We need Grace Blakeley in Italy too
@juanc3delgado
@juanc3delgado 14 күн бұрын
Found this interview so inspirational. Self conscious how bad my individualism is covering my understanding of things
@kevinpaylor9573
@kevinpaylor9573 15 күн бұрын
another great adult discussion and conversation covering lots of issues. If only the world of politics could be like this.
@chriswills9437
@chriswills9437 12 күн бұрын
A debate between Grace and Liz Truss would be cruel. Grace´s perspective on history is illuminating. Great guest.
@aumioishaat8167
@aumioishaat8167 15 күн бұрын
Finished reading Vulture Capitalism not 10 minutes ago and this video drops! Moving forward with not just a clearer understanding of the world, but also how to change it!
@jgalt308
@jgalt308 13 күн бұрын
Interesting. Do you realize that the "capitalism" to which words are attached is no longer "capitalism"? Also whatever an economic system turns out to be it is determined by the FORCE of the government in POWER. Finally, in those systems where those in POWER use FORCE, if there is not an equally opposing FORCE that can counter-act it, those without POWER are by definition "powerless"! All else is distraction. IGNORANCE IS STRENGTH; it's just not the strength of the ignorant.
@EmmaSolomano
@EmmaSolomano 3 күн бұрын
Grace is so fantastic, I could listen to her all day. She speaks about complex topics in an understandable way and does a good job at joining separate concepts and logical arguments together. I've put her book on my reading list!
@TheCazzer28
@TheCazzer28 16 күн бұрын
We love you grace
@viviansutherland2169
@viviansutherland2169 15 күн бұрын
great commentary, thanks for always introducing us all to such brilliant new thinkers.
@facelessvaper
@facelessvaper 15 күн бұрын
Walk into any Jobcentre and you will instantly understand we are not free, I figured this moons ago.✌
@user-oc7jh3hw6e
@user-oc7jh3hw6e 11 күн бұрын
I've got an offer to study Engineering at Cambridge, and Grace's arguments about empowering workers make far more sense to me than any idea that Engineers are more intelligent than the average worker or trade union. Aaron's train signalling problems could be solved far more quickly by the RMT if they had the power to, than by BAE systems.
@Koba262
@Koba262 16 күн бұрын
Galbraith already wrote about the industrial state some 60 plus years ago.The symbiotic relationship between state power and capital is there from the beginning.
@mikecard7913
@mikecard7913 15 күн бұрын
Great information from Grace as per, I wish she spoke at the same rate as Norman Finkelstein. And give my brain time to take it all in.
@space_ghost2809
@space_ghost2809 8 күн бұрын
There are always going to be powerful and powerless. No matter the system. As people usually say "Democracy is not a perfect system but it's the best we have", capitalism is similar in this way. It is still the only way where there are some small paths in wich the powerless can have a chance. And the dynamic change of falling and raising powers happens. Other systems though, the cracks are waaay less and way harder to fight against for people to try to change something.
@colleenlally-ross7105
@colleenlally-ross7105 15 күн бұрын
Capitalism for the poor; socialism for the rich. Very sad but very true, unfortunately.
@decadentanciennebourgeoisie
@decadentanciennebourgeoisie 10 күн бұрын
She read Capital but not Republic by Plato, Politics by Aristotle , Wealth of Nations by Smith , Philosophy of Right by Hegel and Utopia by Thomas More.
@BartAnderson_writer
@BartAnderson_writer 15 күн бұрын
Just discovered Grace Blakely. Agree or disagree, one gains IQ points just by listening to her.
@odetocycling
@odetocycling 16 күн бұрын
Always a great guest and I have her book on my birthday wish list. Community Interest Groups (CIGs) are definitely a great way to take back some control at a local level. If you get a chance to join or support a CIG do so with both hands....and if you're lucky enough to be able to financially support CIGs that's a great move also. Loving the new geeky student look Grace!
@kongphooey7230
@kongphooey7230 16 күн бұрын
Fascism="Corporatism because it is a merger of state and corporate power” ― Benito Mussolini * We do not have Free Market Capitalism (we have big gov & big corps ... incl cloudalists). * UK GOV c52 % of GDP (China c36%)
@Stoddardian
@Stoddardian 16 күн бұрын
By corporate he meant guild, not corporation. Nice propaganda though.
@MattAngiono
@MattAngiono 16 күн бұрын
​@@Stoddardianthere's nothing wrong with propaganda inherently... It just means trying to convince someone of something. That can be good or bad
@Stoddardian
@Stoddardian 16 күн бұрын
@@MattAngiono Good and bad are subjective terms.
@MattAngiono
@MattAngiono 16 күн бұрын
@@Stoddardian yes, they are. What's your point? Literally everything about society and people within it is subjective. That's because WE are subjects. If you're going to get stuck at good vs bad because it's subjective, then why are you even bothering to speak at all?
@Stoddardian
@Stoddardian 15 күн бұрын
@@MattAngiono I'm not stuck at it.
@hens_ledan
@hens_ledan 14 күн бұрын
Wow. Grace Blakely is superb.
@user-wq9lb6vp2h
@user-wq9lb6vp2h 15 күн бұрын
I had a brief conversation with a green councillor recently about proportional representation. He was guardedly supportive citing the risk that it would let right wing representation in as well. I am a great believer in Grace's trust in people. Diversity of opinion is a strength. Testing that opinion in discussion with others is how we develop our thinking and achieve meaningful progress. In the end there is an innate goodness in people which if allowed to will direct their decision making. What gets in the way of this is poverty and being shut out of decision making. This is what gives fascism a voice.
@Holismleith
@Holismleith 16 күн бұрын
Grace fan here ☝️😎🏴󠁧󠁢󠁳󠁣󠁴󠁿🙏
@davidalderson4980
@davidalderson4980 16 күн бұрын
Thanks Grace and Aaron. Looking forward to reading the book. Sad that Novara attracts so many trolls in the comments.
@stephen_pfrimmer
@stephen_pfrimmer 6 күн бұрын
Management is not decision-making. Thank you for this Grace and Aaron.
@Ryan-Fkrepublicnz
@Ryan-Fkrepublicnz 16 күн бұрын
No one talks about how our society has now entered CLASS MONOPOLY. As monopoly is exclusion of competitors based upon a competitive advantage yielded by scale or State. Now the entire CLASS of rentiers or Owners have placed all other classes into noncompetitive state through the direct control of capital itself... CLASS MONOPOLY
@vidzkid76
@vidzkid76 16 күн бұрын
One of the most fundamental points which was not discussed here, and I don't know if Grace addresses it in her book, is that believing in political agency comes from experiencing it. Experiencing it requires achieving it. Achieving it requires defeating and supplanting the current system of political agency in the form of the ruling class. That class will not tolerate even the slightest challenge and its power to suppress has gotten to the point where enormous violence will be required to overthrow it. Being willing to make mortal sacrifices in the class war requires a level of faith in the project and in such enormous numbers that is unimaginable. It seems like a chicken and egg problem.
@Stafus
@Stafus 15 күн бұрын
we are doomed, i'm just glad i'm old enough not to care any more.
@defaultpanic
@defaultpanic 14 күн бұрын
And anyway, in a multi-cultural society, there will never be consensus or solidarity. It's a fait accompli...
@garnhamr
@garnhamr 16 күн бұрын
it's like, why can't we buy a house that we live in for our entire lives? why we have to buy a 'starter house' and move and move again, and again. each time it costs 10k in fees and tax... Just another way we get ripped off. the way we live is so in-efficient, unless you're born into wealth though of course.
@MattAngiono
@MattAngiono 16 күн бұрын
And that's if you're even lucky enough to afford a house at all
@Stafus
@Stafus 15 күн бұрын
I remember in the 80's when I first heard the phrase property "ladder". imaging people talking about a relationship "ladder" !
@defaultpanic
@defaultpanic 14 күн бұрын
Their are certain communities in our society that have always circumvented this, getting relatively richer as a consequence
@chriswalker7632
@chriswalker7632 14 күн бұрын
Engineers vs Managers: I thought that Grace's response to Aaron's point about Managers was a good one, where she brought up 'Innovation' which she tied to her argument about Freedom. I could feel myself approaching the comments for feedback before she said that. I think that broadly she makes a very good response. Firstly, I haven't been employed for 20 years, but I did study Engineering at Uni. I think, from an Engineering perspective, the way I would frame it would be in terms of Manufacturing vs Products (which I think basically Grace does) rather than Engineers vs Managers the way Aaron posed the question. Or even Manufacturing vs Products like Parents vs Children (to relate it to the last interview with Galloway). For example, a company like Ford and the Managers working within it would place a lot more emphasis on Innovation in the Manufacturing process over Innovation of the Products (Cars) they make - a good example would be in reducing the amount of components they use to make their Cars. So here you could have a hugely 'Innovative' system of repression (as Grace describes) essentially in the way Ford controls the Manufacturing process, making a product that isn't very Innovative (maybe it doesn't push the boundaries of what is possible with Electric Vehicles for example). However, where this gets complicated is when the Technological Innovations in Manufacturing then start to be used in the Products themselves (on one level they'll be cheaper) - the ultimate example would be futuristic Food Replicators (with infinite menu possibilities) or Transporters where the Manufacture and the Product become one and the same entity. But I guess Grace would say here that, despite the infinite possibilities available, everyone would just end up eating Gruel, and maybe she would also say that when you get Transported and turned into a data stream you would actually be killed. Is the structure of our world an inevitable consequence of our connected world though? - to the extent it doesn't matter if we try to make it bottom up rather than top down, it won't change the structure itself? I've taken an interest in the coin flipping game 'winner takes it all' - its a very capitalist way of viewing the world, and the 'winner takes it all' only happens when you have an Authoritarian (knock out rounds) structure to the game where you're only allowed to play two people against each other at a time. Allow everyone to play at once and you'd never get 'winner takes it all' (purely due to probability). The world we have is where some people are allowed to play against more people than others - richer people can play against more people than poorer people can, and so poorer people have worse odds than richer people... So this is either rigged or extremely unlikely.
@Gibboncore
@Gibboncore 15 күн бұрын
It’s great that Aaron refences Anarcho Syndicalism at 51:50 when talking about the failings of some trade unions. However Anarcho Syndicalim is more than just member run trade unions: neither Grace or Aaron make reference to the fact that many of the topics they are discussing are actually the basic tenets of Anarcho Sydicalism. I have ordered the book on the strength of the interview and am looking to reading it.
@Catoo.
@Catoo. 3 күн бұрын
Thank you, Grace. Very interesting and informative.
@janlaag
@janlaag 16 күн бұрын
Capitalism is primarily based on distorted mindsets: it pathologises its own structural shortcomings as if they were isolated issues of the individual whilst distorting the meaning of individual differences until they're utilised to justify decontextualised and/or misplaced hierarchies. Seeing Grace explaining why those distortions are indeed distortions is always a pleasure, she's straight to the point, just let her talk you out of the mud and into actual adulthood.
@musiqtee
@musiqtee 16 күн бұрын
This first paragraph is philosophical ‘gold’. “Individualisation of Failure” & “Manufacture of Consent” well explained - Thanks…!
@janlaag
@janlaag 16 күн бұрын
@@musiqtee Please use it wherever and as much as you will then, just keep it as off from copyrights and distortions as the philosophy of the common good should be... This kind of paragraph is just as gold as it can stick to its purpose (:
@Stafus
@Stafus 15 күн бұрын
Financial profit is only derived from the deliberate and forceful creation of a large working class. Feudalism is to blame for that, then the capitalist took advantage of that ready made class system. without that foundational class system capitalism could not exist. The hierarchies of feudalism and capitalism are pyramid shaped, while every natural hierarchy of competence is a bell curve (IQ bell curve) with few at the top and bottom and the majority in the middle. Pyramid hierarchies are artificial and integral to capitalism/profit, there has to be a very large base of low paid workers in a capitalist hierarchy in order for profit to be generated. Financial profit is not possible in a natural (bell curve) hierarchy because there aren't enough people at the bottom to skim labor value from. Capitalism is not contrary to feudalism, capitalism is the lying thief that feudalism gave birth to.
@myjizzureye
@myjizzureye 15 күн бұрын
You talk an awful lot of bollocks.
@musiqtee
@musiqtee 15 күн бұрын
@@janlaag I “am” that dichotomy… 40 y in music industry, including hearings for copyright law. Being snubbed, snubbing others, getting sick from that and realising I’m fine - The sickness is capitalism, not me… Thanks, I’m mentally unable to carry the burden of furthering that distortion… :)
@AlexWilkinsonYYC
@AlexWilkinsonYYC 16 күн бұрын
The part about the Welsh city seems odd. I live in a small town, and I'd love to do projects, like say build a hydroelectric dam or massive solar farm. We have the tractors and know how to do it. The problem is, there is no way in hell we'd be allowed to do it. And even if you were, if you were forced to buy the land there is no way the cost to do the project would be feasible. How is that little Welsh city getting around the legal structures to actually be allowed to do things that serve their local community? Here in Canada the vast majority of that would be illegal. I agree that people should fix local problems, and it's not that we haven't thought of doing that... we're just not allowed to. 🤷‍♂️
@JamJam0189
@JamJam0189 16 күн бұрын
A hydroelectric project for I think it was in Wales it was cancelled I heard on the news an couple of years back
@antediluvianatheist5262
@antediluvianatheist5262 16 күн бұрын
If THEY can't make enough money off of it, it won't happen.
@AlexWilkinsonYYC
@AlexWilkinsonYYC 15 күн бұрын
@@antediluvianatheist5262 well that's what I mean... How did Wales do it? In my province in Canada the electric companies would be all over you for creating any sort of power station, it would be absolutely impossible
@theskankingpigeon965
@theskankingpigeon965 15 күн бұрын
@@AlexWilkinsonYYC The Welsh Govt. is actively promoting community hydro projects to help meet its net zero goals. It often provides grants or business rate relief to help these projects. I couldn't quite make it out but I think the town she referred to is Blaenau Ffestiniog. I've found a few articles online about various community initiatives there (e.g. on ITV News, WalesOnline), but none that mention hydro power. The Community Energy Wales website talks about various community driven renewable energy projects (e.g. YnNi Teg Cyfyngedig (Fair Energy ltd)) but those are all over North Wales. I couldn't find anything specific to Blaenau Ffestiniog. Hopefully that's a good starting point for your own research.
@jhegre
@jhegre 16 күн бұрын
I always found one of the ugliest lies peddled by the right, by the free market disciples is the so called "freedom of choice". This lie is meant to appeal to people's innate fear of losing out. Based on the inane assumption that the players in a free market are not first and foremost preoccupied with making money. Of course, as most people know, the fear of losing out is the key ingredience of aggressive marketing.
@jbob34345
@jbob34345 15 күн бұрын
That's a bit cynical, isn't the idea that society gets to vote on the products and services it prefers? It broadly works else we'd all be driving Ladas 🚗
@mattgilbert7347
@mattgilbert7347 15 күн бұрын
​@@jbob34345we don't have a say on what goes onto the shelf, we can only choose out of the products that are made available to us. There's no voting, not with the ""dollar", although libertarians and Neoliberals love to talk about that because they are terrified of letting people have meaningful choice at the ballot box
@jbob34345
@jbob34345 15 күн бұрын
@@mattgilbert7347 Well by voting with our dollars for the products we buy I think this does influence the products on the shelf - as if a product is crap the company goes bust and the product is gone.. Additionally everyone is free to bring their own product to market. For all its flaws, capitalism is very successful in this regard.
@Fishstickification
@Fishstickification 14 күн бұрын
Positive vs. Negative Freedom
@MrGalvinjohn
@MrGalvinjohn 15 күн бұрын
Brilliant interview
@defaultpanic
@defaultpanic 14 күн бұрын
Collectivism requires various things one of which is time, the most underrated asset, the asset which truly exemplifies freedom - which is increasingly being taken from us. For example our own admin which is ballooning, counter intuitively, with the increasing reliance on the internet. Business, or government, has moved their admin on to us under the guise of making things cheaper, or more empowering, when in reality is only making their profits greater and their control easier. In effect we are all now doing their admin for them for free, whilst at the same time giving away our freedom.
@NeuroPulse
@NeuroPulse 14 күн бұрын
When I come across channels like this I'm reminded that there is no limit to how far motivated reasoning can take us. High IQ people are no more immune, but simply travel the path they've chosen faster.
@petersz98
@petersz98 16 күн бұрын
Liked her giving the Blairite Lisa Nandy on Question Time a smack down for stealing Jeremy Corbyn's policy of taking the railways back in to public ownership!
@KevenHutchinson-gt1nn
@KevenHutchinson-gt1nn 14 күн бұрын
Thats more of an argument that favors Nandy. Grace said it was an empty manifesto. Nandy pointed out, taking rail back into public ownership, which was also in the 2019 manifesto.
@HistoritorJimaldus
@HistoritorJimaldus 14 күн бұрын
@@KevenHutchinson-gt1nnso the only thing they had was stolen - it’s empty of any content from Blairites
@Swanwillow
@Swanwillow 16 күн бұрын
FREE MARKET: Refer Hudson's " J is for JUNK ECONOMICS " is the opposite of FREE. But free to exploit your fellow countrymen with overpriced services because you control a vital resource which once was publically owned and provided at cost or even really free. But is now used for rent extraction by extraction of profit on top and shareholder dividends and is not reinvested in such as water services: A rentier economy.
@Swanwillow
@Swanwillow 16 күн бұрын
We once had the " mixed economy " and that worked really well. The essential services and goods for a healthy economy and society were controlled by the people the rest private economy could do as it wished governed by rules and regs.
@Swanwillow
@Swanwillow 16 күн бұрын
@darrylsugg7230 18 minutes ago How can we be free when wealth controls everything?
@MattAngiono
@MattAngiono 16 күн бұрын
I agree..... Wealth automatically prevents someone else's freedom to some extent. In techno feudalism, we have very little freedom. We are just wealth generating pawns for our overlords
@m.rebman7221
@m.rebman7221 15 күн бұрын
A relatively young person of great promise. A bit animated, but passion in these times is both good and needed.
@larryyank3566
@larryyank3566 10 күн бұрын
Sounds like Grace, Richard Wolff and Michael Hudson are traveling on the same 'Superhighway' ❣️ Regards, Viet vet/Ecologist VFP
@yeshua64
@yeshua64 16 күн бұрын
Viva la revolución 🇨🇺
@e.d.3729
@e.d.3729 16 күн бұрын
that was fantastic. thank you!
@davegubbins4428
@davegubbins4428 16 күн бұрын
1 more copy sold. engaging, clear explanation of what to expect.
@roders007
@roders007 15 күн бұрын
How is Grace not a model. She is stunning
@pavelm.gonzalez8608
@pavelm.gonzalez8608 14 күн бұрын
I'm gay (so I can't feel sexual attraction to women) but she's seems to be a pretty smart and sweetheart lady.
@HistoritorJimaldus
@HistoritorJimaldus 14 күн бұрын
🙄
@JohnnyFriendly
@JohnnyFriendly 13 күн бұрын
She has a first class degree from Oxford. Why would someone like that want to be a model?
@joeyrufo
@joeyrufo 13 күн бұрын
38:37 no true Marxist would deny that even demand itself is dynamic rather than static!
@BantuEconomicServices
@BantuEconomicServices 16 күн бұрын
i love this woman
@Richard-ki4nk
@Richard-ki4nk 5 күн бұрын
Good points about people being able to organize and have the responsibility to participate in the governing apparatus
@brianwheeldon4643
@brianwheeldon4643 15 күн бұрын
I bet the corporate/governmental administrative elites are really worried by conversations like this; yeah right! Students and liberal elites have been talk-festing just so for decade upon decade. As a commentator below in the youtube comments remarks "When injustice becomes law, Resistance becomes duty". The latter is the only right comment in the face of the uniparty regimes in the UK, USA, NZ.
@Stafus
@Stafus 15 күн бұрын
the feudal lords and the capitalists have been using violence to win for thousands of years..... they wont be beaten.
@kevinpaul4788
@kevinpaul4788 9 күн бұрын
I'm generaly on the right of politics, but this was a really good debate between both Grace & Aaron.
@erikdalna211
@erikdalna211 15 күн бұрын
Excellent genuine Marxist analysis, not distracted by form but rooted in the material substance of power.
@Saltatory_
@Saltatory_ 5 күн бұрын
Weird. I didn't think I would share so much common perspective with someone self described as coming from a Marxist context. I agree that government sponsored monopoly power is highly undesirable
@TakeyMcTaker
@TakeyMcTaker 11 күн бұрын
1:05:00 incidentally a good explanation of the US elections in 2016.
@tobytilsed5333
@tobytilsed5333 15 күн бұрын
To your point about Elon not wanting to serve the wider market with cheap sustainable cars...this is back to front. The reason he started off selling roadsters to his billionaire friends was SO THAT he could generate enough capital and IP to ramp up production and drive down end user cost...over the course of a decade...which is what we are seeing with the Model 3
@leerowland9621
@leerowland9621 10 күн бұрын
Grace for Prime Minister. Her book is excellent, and so is this talk. Thanks.
@riffraffrichard
@riffraffrichard 4 күн бұрын
I think he isn’t understanding her critique on the entrepreneur genius leader. Yes they can problem solve and innovate to create new material progress for people. However, they are often not interested in the quality of lives of their actual workers and what sacrifices they are making for their employee. In Kant words they are of the ‘end justifies the means’ philosophy, not caring how things get done, just that they meet the deadline. Capitalism often denies the Buddhism truism of all we have is now, if we are working in bad conditions we are being robbed of life. Humans aren’t lazy to want a life that is balanced. As a teacher I see how overworked parents are, meaning they spend less time with their family. There is much more to life that just work and work should have a sense of dignity and humanity not just a focus on efficiency.
@DwynAgGaire
@DwynAgGaire 14 күн бұрын
Enticing vision of a system that takes some of the best notions from both the capitalist and socialist ideologies. Love listening to (and looking at) Grace! Keep up the good work!
@scottstevens78
@scottstevens78 16 күн бұрын
Amazing stuff. I am really worried now that the much used analogy of Starmerite Labour and the Tories being " two cheeks of the same arse" is maybe quite accurate! Help! I really enjoyed this and thanks for presenting so much food for thought.
@petermanuel5043
@petermanuel5043 13 күн бұрын
So glad this wasn't a circle jerk and Aaron pushed back on ideas. If I could buy a budget EV Porsche with a 700 mile range, sounds good. I suppose that's why they're gonna stick 100% "free market" tariffs on them! 😅
@deemich1815
@deemich1815 5 күн бұрын
brilliant chat
@pensarfeo
@pensarfeo 5 күн бұрын
Just because some people are more able (better), than other it does not mean they have to be infinitely rewarded.
@vbdullahm
@vbdullahm 16 күн бұрын
Thank you
@jamisony
@jamisony 4 күн бұрын
The technology has changed, yet the political process has stayed the same.
@joeyrufo
@joeyrufo 13 күн бұрын
Grace has a mind like a diamond! 😁
@ahguitar1
@ahguitar1 14 күн бұрын
Aaron went down a really weird hole in the 2nd half of this. Essentially claiming that there are individuals so brilliant they have single handedly created their own billion dollar companies. But they haven't. The innovations within those companies, the manufacturing power, the systems and processes - they are all created by hundreds of people. The owner/ceo just had the money to pay to find those solutions. The owner/ceo doesn't have any of the intelligence or knowledge to do that. They're just the owner. They just have the money to pay someone else to be intelligent. Sure. Management is a thing. But it's no more skilled than a social worker. And CEO's/shareholders don't manage. They pay other people to manage. They pay other people to understand aspects of the company and to report their recommendations.
@benjaminmiller3075
@benjaminmiller3075 13 күн бұрын
Regarding innovation...a huge majority of American innovation was based on massive government intervention. From direct financing to funding research universities. Its public money for private profit
@ricardosharry8944
@ricardosharry8944 16 күн бұрын
More grace please ❤❤❤❤❤
@reinerz4591
@reinerz4591 16 күн бұрын
Good discussion - can not agree more !
@SeventhCircleID
@SeventhCircleID 15 күн бұрын
...this is like watching the same historic mistakes being made again and again, stuck in an endless loop. The debate is very simple, there are two interpretations of freedom, individual freedom based on personal agency (positive freedom), and collective freedom based on individual restraint (negative freedom). If you want more collective freedom (classical liberal position), you go back to Smith and Keynes, and you put restrictions on rent. That's it, it goes no further than that, no need for any more talking, it's that simple.
@theconversationalpainter2020
@theconversationalpainter2020 15 күн бұрын
Work or starve, there is no choice in capitalism.
@danmcqueen5295
@danmcqueen5295 11 күн бұрын
Great show, great guest!
@gabhanachdenogla8342
@gabhanachdenogla8342 16 күн бұрын
Laissez-faire was mentioned here in Ireland during the famine, the British limited government aid on the basis of those principles.
@stephen_pfrimmer
@stephen_pfrimmer 6 күн бұрын
Management companies, like accounting firms, are for for hire, and for fire, if they don't meet the needs of worker-owners and their customers/clients. The goal of every company should be operation in perpetuity. Perhaps worker-coop management companies and accounting and law firms. Keep the conversation open.
@Burbituate
@Burbituate 13 күн бұрын
All good, agree totally with Grace but I remember Co-ops, squats and communes, there's always at least one "you can't tell me what to do", always one "look it's my idea so I'm in charge" always one "I did that yesterday it's not my turn" and many, many arguments due to peoples ego's and self importance. I have been saying for years people equate freedom simplistically with choices, choices of breakfast cereal, toilet roll, of house, holiday destination and car. Forty years plus since Thatcher stepped into No.10, what was once public is now private and now you can't even swear and get angry without risk of prosecution.
@larrysherk
@larrysherk 8 күн бұрын
Glad to see this finally ! In capitalism, we are enslaved ultimately to money and its works.
@edwardscrase6136
@edwardscrase6136 10 күн бұрын
"You Keep Using That Word, I Do Not Think It Means What You Think It Means"
@silveriver9
@silveriver9 16 күн бұрын
The Chinese hybrid system is the only system that is getting real tangible results. State Capitalism.
@Stafus
@Stafus 15 күн бұрын
Financial profit is only derived from the deliberate and forceful creation of a large working class. Feudalism is to blame for that, then the capitalist took advantage of that ready made class system. without that foundational class system capitalism could not exist. The hierarchies of feudalism and capitalism are pyramid shaped, while every natural hierarchy of competence is a bell curve (IQ bell curve) with few at the top and bottom and the majority in the middle. Pyramid hierarchies are artificial and integral to capitalism/profit, there has to be a very large base of low paid workers in a capitalist hierarchy in order for profit to be generated. Financial profit is not possible in a natural (bell curve) hierarchy because there aren't enough people at the bottom to skim labor value from. Capitalism is not contrary to feudalism, capitalism is the lying thief that feudalism gave birth to.
@VintageSoloHarmony
@VintageSoloHarmony 14 күн бұрын
Regulated markets reduce negative freedom but increase other goods, tax funded public goods increase positive freedom. This is well known like math not politics.
@scottastell9415
@scottastell9415 Күн бұрын
Interesting stuff.
@mdav4525
@mdav4525 Күн бұрын
All governments are social constructs by nature. Communities come together to create them to take disseminate services to their mutual benefit. These government flavors occupy different places on the spectrum of whichever dimensional analysis you choose. We would be better served as a people to start here when discussing what we do want governments to do and not to do for them to be more effective.
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