Benefits don't need pegging back to growth, money doesn't solve problems, and create programs and opportunities for people. Don't put benefits up too much and scale back disability benefits, I think there are more people than you would expect receiving "Personal Independant Payments" that have plenty of capacity to work. Some people, given the option, would happily be unproductive and stare at their screens until they pass. Indeed, people from lower-income backgrounds don't have the same passion to learn but I don't think it's from a lack of benefits in line with growth. I think it is a lack of programmes opportunities and inspiration as in their surroundings the only role models they have that seem to be succeeding are criminals.

This guy is an absolute blinkomatic

I have never seen a person blink this much Jesus Christ

Your videos are very good. But there are some missing for which views & subscriptions are not getting much

So inevitably a net importer of goods and only export is professional services. Even if the UK can increase their advanced manufacturing they are beholden to raw goods from other countries. Leaving the only option: Becoming Japan? Am I understanding that right? Giving up the senior position as a partner in the EU seems like it will only hasten the inevitability that you'll need to live in a city to have a good life (if you aren't already wealthy). Though, UK could always adopt the strategy of its island possessions and just become a tax haven for the rich. That seems infinitely more likely than actually developing advanced manufacturing and distributing the wealth from being professional services providers. That said, I'm on the other side of the Atlantic, what do I know? [ The captions were appreciated but even more appreciated would be $80 on mics and 10 minutes setting up lav mics before recording ]

We were tied to the sinking ship. European demographics tell us that now and far into the future it will be abysmal. Germany as the economic juggernaut we know will collapse and it -is- was not only the EU's engine of growth, it was the country that subsidised a lot. That's over. The loss of cheap Russian inputs, in particular fuel, has sealed much of the EU's fate, but 50+ years of below replacement fertility already established the greater problem and that can't be wound back. Net zero is fool's gold, and the EU has wasted decades of investment on it. The inputs - lithium, cobalt, nickel, etc - don't exist in the amounts needed and Europe is anti-mining. In the future we'll have reduced emissions but not zero emissions. Accept reality for what it is. Some countries could frack their way to energy stability, but Europe is anti-fracking as well. Once wind turbines reach 1km in height that attains continuous generation (tallest pylons now are 750 m), but we can't store months of that electricity generated. (Let's ignore what happens when a 1km tall pylon topples.) Reliable generation is a problem, but storage is the far greater one. We need to store _at least_ four months. This can't be achieved. And with so many retiring in the EU, the cost of capital will be much more expensive. This means R&D and econ reconfig become prohibitively expensive. Britain needs to link itself to an economic sphere that will thrive as global trade falters - the post-WWII golden age of trade is over. South and SE Asia is one option, but they aren't economically integrated to the extent of either EU or NAFTA. Many of the countries are prickly about imports; India really isn't on board with open trade and is enchanted by the mercantilist export-oriented strategy used by Japan, Korea, and China. That only existed because the US tolerated it, and that's ending. Quickly. Further, they are very far away and global logistics as we know it now will no longer exist. It'll be regional. The other option is NAFTA plus Colombia, Chile, and Japan - let's call it NAFTA+. Korea will likely jump in as it has FTAs with the NAFTA+ states, invests heavily in Mexico and US, and China crashes. Australia and New Zealand will hitch their carts to that engine. Best of all, NAFTA+ is an economic relationship and not a political one, so fewer tensions about sovereignty. No NAFTA parliament. Very good demographics with Mexico, decent with US (just over 2.0 during the '90s and '00s), and for 30 years Canada has been importing skilled people (mostly from Asia) to stave off its demographic collapse. Same too for Australia and New Zealand. Dismal demographics in Japan and Korea and they are both food, natural resource, and energy insecure, though both have excellent nuclear technology and manufacturing know-how. We have close ties to both Canada and US. Shorter and a much safer logistics channel than South-SE Asia. If Norway and Sweden are smart, they'll jump out of the EU as well. Norway more likely of the two to do so, especially when a starved-for-capital EU starts probing for ways to capture Norway's sovereign wealth fund - France likes seizing wealth, and the EU will be run by Paris alone w/ Germany now diminished. Our financial, biz services, and IP strengths will do well in NAFTA+ because a younger workforce favours a growth strategy over pensioners who want the safety of gov't bonds. EU and Britain have many more pensioners and fewer young workers. That's not changing. Even if the fertility rate were to double or treble this year (it won't), it's still decades before they enter their income maximising stage. The US has at least a 300-year supply of natural gas, and that's the feedstock for almost _everything_ - even our food. Australia has at least 50 years in reserve, and as China unwinds Australia's exports to it will decline (it's China's largest source of LNG), making more available to NAFTA+ and those outside the economic sphere like India. Moreover, for skilled workers we are wage competitive vis-a-vis the US. In this arrangement our food, fuel, and natural resources are covered (only our food security was covered in the EU, and now the EU is wrecking its own farmers) and we'll have a growing market (not the EU's falling one) for services and those goods we still produce. For those who fret about the NHS, Canada has a national health service that has continued to operate in NAFTA. 'But chlorinated chicken!' Yes, it exists. But it doesn't solely exist in NAFTA. Consumer options abound. In the UK, it is estimated that only about 3.5% of meat chickens are reared in free-range systems and less than 1% in organic systems, so most Britons eat industrial chicken. But, domestic free-range and organic chickens are available for those who prefer it. That won't go away.

If this isn't a joke then it's him

This is a joke right lol

This is an interesting topic but the person in the audiience who keeps coughing is very annoying!

if 70% of jobs pay min wage then how is the avg salary 34k it's a smoke and mirrors way of working out the average wage the average uk wage is 20k

1:01:55

Answer: no-where 😂

Liz Truss is a complete idiot. If she is elected prime minister, it will be a disgrace to England!

Rare to see someone talk about something from the perspective of what's the best for all and our responsibilities to others as members of society. "We're better parents than we are citizens". Unfortunately this appears to be true. It is also disappointing that so many of the complaints many have is about the very lowest common denominator that their lack of performance , as a citizen, in turn, perpetuates.

I read his book excellent

"I'm trying to get ahead of the curve before we have real anger amongst the younger generation" It's too late for that.

Sir ap se baat ho skti he

Splendid dialogue.

Lisa Nancy red hot absolutely gorgeous sexy woman. Superb nylon clad legs, I want those tights she is wearing

Well, Vlieghe, go forth and multiply. Sociopathic politics that impoverish the majority is not good for us all.

Thanks ... great webinar.

Hi Amber etc. I really enjoyed your video on fiscal stimulus in response to the corona virus. It was really nice to see people from the labour and Conservative parties get a long much better. I would love to see more cross party cooperation. It is a shame that Labour and conversvative parties are so tongue in cheek different because it makes it hard for the country to plan in a way that would benefit us in the long term.

Creepy embezzling business owners. Not wanting to shell out what they rightfully should because they're too busy keeping their own greedy pockets full.

UC = third rate citizans and im sick of being spoken too like im a 11yr old at shcool, by my UC adviser who 20yrs younger than me who never struggled in life.. UC makes you feel low and your treated lower and not a human.. the problem with everything is the economy is more important then well-being. if i choose not to work thats my choice.. this life is mine, mine to live how i want the way i want.. life is not a tool for the top 10% to control..... i wasnt born and told my liife is a tool.. i am i will i can i must i shall do as i wish how i wish to live how i want... life regreats out weigh any goverment!!!!!!

starts at10:35

As with all scams, follow the money! The Bill and Melinda Gates Foundation gave the Imperial College, the university that employs Professor Neil Ferguson who convinced the world to lock us all down, the sum of $79 million! kzfaq.info/get/bejne/oZekpd2V0t22YoE.html Since Bill is the second richest person on the planet, everyone sue him for the losses caused by the world lock down!

haha! flanders...

I wouldn’t worry too much about where the government is going to get the money. In times of war, there was always money to buy guns, bullets and bombs.

I enjoyed the panel's final remarks about people finding it hard to feed themselves in the USA & UK. I felt it really shone a light on their caring nature

Very poor presentation skills. Totally detracts from any message. Stopped watching.

amazing stuff

THX

astonishing MH adverts the male life expectancy for Blackpool is *53* wo pausing to reflect the Tories have been in power since 2010: not a flicker of contrition

We have NO poverty. We have poorer people. We do not have 10,000 people living in poverty. We are so arrogant and entitled. Someone in the bottom 100,000 lives a life of luxury unimaginable for someone at the 95th percentile 100 years ago. I was brought up in a single parent household due to dad dying whilst I and 2 brothers at primary school. We had to ration food (can still picture my brother getting bo**ocked for cooking chicken nuggets for lunch rather than a sandwich one day). I was the only person in my class that couldn't get the calculator we needed for maths. We were NOT in poverty. We were poorer than average. We had a dry roof, running water, inside toilet, enough calories, enough clothes.

"Anxiety as approach children leaving home as lose child benefit and child tax credits" So they think they should be subsidised / given forced charity because they USED to have children? So after the children have moved out / become adults.

this car crash needs to be scraped a s p .

Cooper dares talk about the "narrow hard left" and broadening appeal when she and the likes of Hillary Benn and Owen Smith and Angela Eagle walked out of the Shadow Cabinet! So of course after that Corbyn could only choose loyalists. What an absurd woman.

Immigration, immigration, immigration !!!

This was really interesting. Thank you. Except for Paul Mason's contributions. Banging on about the environment is a waste of oxygen (so bad for the environment!). Everyone says in polls they care about the environment but doesn't impact the voting behaviour of even 10% of people. A Tesco till worker doesn't care. A trainee bricklayer doesn't care. It's like believing people would happily pay higher tax for the NHS because they say so in a non-private poll.

I love this topic! In graduate school I read Pomeranz, Crafts, Landes, Acemoglu, and many others who have written about the causes of the Industrial Revolution. At about the mid-point of this video Stephenson and Hatcher discuss a lot of the classic causes of the IR: fortuitous access to coal in Great Britain, technology, demand for textiles in the New World, protection of patents and private property, etc. It is interesting that they explain how the data seem to overturn Pomeranz's thesis--that China was in a prime position to industrialize just like England--and also Eric Williams's contention that the Atlantic Slave trade contributed to growth. I once met Canadian scholar Paul Lovejoy at a conference and he argued that there IS, in fact, some compelling evidence to suggest that profits from the Atlantic Slave Trade helped facilitate some growth in England, but I know Eltis and others say otherwise. This discussion dovetails nicely with the controversies over the New History of Capitalism (NHC) personified by Baptist, Beckert, Walter Johnson, and some other edited volumes. Brad Hansen and Eric Hilt have brought forth some persuasive arguments about how Baptist ignored Alan Olmstead's data on cotton. The great pseudoerasmus has been at the forefront of these discussions.

Agree with Jagjit Chadha. If what you're trying to achieve is some re-balancing of wealth, there are plenty of efficient existing vehicles for this that are more transparent and have fewer side effects. Reducing taxes for low earners / the less wealthy or making benefit payments more generous achieves the same and avoids the slight propensity for "irresponsible" spending that one-off payments direct to people might encourage. Since a central bank is not democratically elected in the way our politicians are, this should not be within their mandate. QE has already been abused enough, I would rather see it avoided altogether. The central bank's responsibility shouldn't even extend to lender of last resort. Their responsibility is price stability, not growth.

This guy is a moron

Martin is a good speaker and very clear. The description of Populism as being anti-Elites is the most accurate, it comes as a pendulum and are nothing more than a response to the ultra urban elite driven aspect of modern politics. In Brazil it was the normalisation of crime and murder ( under Bolsonaro tens of thousands of Brazilians were able to survive 2019 ). In Britain was the focus on large cities which is also the cause of US populism.

35:31 is when the actual video starts

Great one Ben, Proud of you!

Nice one Ben

Ben

Mmm politicians setting the narrative so they can have your votes. Don’t be fooled.

I simply adore Stephanie! Such an intellectual genius.

perfect sense from Mr McDonnell