Author Topic: Interesting videos  (Read 8610 times)

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Offline Michael Hardner

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Re: Interesting videos
« Reply #225 on: January 13, 2020, 10:06:22 am »
This is over 5 years old but an alarm bell for all of us, especially the 'fellow plutocrats' the billionaire calls out

https://www.ted.com/talks/nick_hanauer_beware_fellow_plutocrats_the_pitchforks_are_coming?language=en


Offline Michael Hardner

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Re: Interesting videos
« Reply #226 on: January 13, 2020, 10:07:02 am »
This is a must-see IMO.  When capitalism is failing on arguments from billionaires that aren't even MORAL arguments then it's done.

Offline wilber

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Re: Interesting videos
« Reply #227 on: January 13, 2020, 01:01:32 pm »
This is a must-see IMO.  When capitalism is failing on arguments from billionaires that aren't even MORAL arguments then it's done.

I disagree with him on one point. He is a very smart guy.

Rising income inequality, nationalism, antisemitism etc. Have we learned anything from history other than we don't learn anything from history? Have we even learned that much?

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Offline Queefer Sutherland

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Re: Interesting videos
« Reply #228 on: January 13, 2020, 02:52:47 pm »
I don't think raising minimum wage will fix the issue of inequality, it largely creates inflation too.  I think you need to tax the very wealthy.
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Offline Michael Hardner

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Re: Interesting videos
« Reply #229 on: January 13, 2020, 03:02:07 pm »
I don't think raising minimum wage will fix the issue of inequality, it largely creates inflation too.  I think you need to tax the very wealthy.

Yes but he makes the point.  And Ontario did the same thing with almost no impact right ?

Offline Michael Hardner

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Re: Interesting videos
« Reply #230 on: January 13, 2020, 03:02:46 pm »
I disagree with him on one point. He is a very smart guy.

Rising income inequality, nationalism, antisemitism etc. Have we learned anything from history other than we don't learn anything from history? Have we even learned that much?

I don't get your point.  Which point do you disagree on ?

Offline wilber

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Re: Interesting videos
« Reply #231 on: January 13, 2020, 05:17:27 pm »
I don't get your point.  Which point do you disagree on ?

The statement that he is not the smartest guy. Sounds pretty insightful to me.
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Offline wilber

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Re: Interesting videos
« Reply #232 on: January 13, 2020, 05:21:21 pm »
Yes but he makes the point.  And Ontario did the same thing with almost no impact right ?

As is BC but too early to tell.
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Offline Queefer Sutherland

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Re: Interesting videos
« Reply #233 on: January 13, 2020, 06:21:16 pm »
Yes but he makes the point.  And Ontario did the same thing with almost no impact right ?

I've seen no comprehensive studies on the impact of the ON wage increase, good or bad.  They also went to $14, not $15.

It could be a small part in helping the issue, but it won't solve it.

His assertion that there will be pitchforks is alarmist nonsense IMO.  We live in a democracy.  When people get fed up they will elect populist leaders on the left and right to solve this issue, which is what people are starting to do now.  The elitist politicians on the right and left who kiss the butts of the plutocrats need to be voted out.
« Last Edit: January 13, 2020, 06:25:45 pm by Ghost of Graham »
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Offline Michael Hardner

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Re: Interesting videos
« Reply #234 on: January 13, 2020, 07:11:54 pm »
1. I've seen no comprehensive studies on the impact of the ON wage increase, good or bad.  They also went to $14, not $15.

2. His assertion that there will be pitchforks is alarmist nonsense IMO. 

3. We live in a democracy. 

4. When people get fed up they will elect populist leaders on the left and right to solve this issue, which is what people are starting to do now.  The elitist politicians on the right and left who kiss the butts of the plutocrats need to be voted out.

1. Sure but... pretty clearly there hasn't been a disaster.  And our minimum wage was less too, taking CDN$
2. I took it to be figurative but...
3. His point is that you're undercutting civility by constantly making it harder to get ahead.  "We live in a democracy." would have been said just before the Bolsheviks too, so it's a meaningless statement in the face of whatever point he makes.
4. And yet, yes, you are right here...


Offline wilber

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Re: Interesting videos
« Reply #235 on: January 13, 2020, 07:37:50 pm »
I've seen no comprehensive studies on the impact of the ON wage increase, good or bad.  They also went to $14, not $15.

It could be a small part in helping the issue, but it won't solve it.

His assertion that there will be pitchforks is alarmist nonsense IMO.  We live in a democracy.  When people get fed up they will elect populist leaders on the left and right to solve this issue, which is what people are starting to do now.  The elitist politicians on the right and left who kiss the butts of the plutocrats need to be voted out.

He’s American, they elected Trump and might again.
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Offline Queefer Sutherland

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Re: Interesting videos
« Reply #236 on: January 13, 2020, 07:47:34 pm »
The problem is far, far worse in the US.  They'll crack first, we'll learn their lessons and adapt hopefully.

MH lives in Toronto, there's a ton of inequality there too, but not as much in the rest of the country.

In a place like Toronto I don't see how you calm inequality.  You have people working downtown in the financial capital of the country, while also having the #1 destinations of dirt-poor refugees from developing countries.  Massive inequality in that case is inevitable.

In the US, you have uneducated slums plus masses of latin American migrants without much skills, plus a middle class whose unionized jobs have been exported overseas, within the wealthiest country in the world.
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Offline Michael Hardner

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Re: Interesting videos
« Reply #237 on: January 14, 2020, 04:51:52 am »
1. The problem is far, far worse in the US.  They'll crack first, we'll learn their lessons and adapt hopefully.

2. MH lives in Toronto, there's a ton of inequality there too, but not as much in the rest of the country.

3. In a place like Toronto I don't see how you calm inequality.  You have people working downtown in the financial capital of the country, while also having the #1 destinations of dirt-poor refugees from developing countries.  Massive inequality in that case is inevitable.

4. In the US, you have uneducated slums plus masses of latin American migrants without much skills, plus a middle class whose unionized jobs have been exported overseas, within the wealthiest country in the world.
1. I guess so.
2. Agreed.
3. Housing collapse, but that will also hit the aspiring middle class who are trying to rise up by speculating on land.
4. Agreed.

Offline Super Colin Blow

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Re: Interesting videos
« Reply #238 on: January 14, 2020, 07:04:15 am »
The problem is far, far worse in the US.  They'll crack first, we'll learn their lessons and adapt hopefully.

MH lives in Toronto, there's a ton of inequality there too, but not as much in the rest of the country.

In a place like Toronto I don't see how you calm inequality.  You have people working downtown in the financial capital of the country, while also having the #1 destinations of dirt-poor refugees from developing countries.  Massive inequality in that case is inevitable.

In the US, you have uneducated slums plus masses of latin American migrants without much skills, plus a middle class whose unionized jobs have been exported overseas, within the wealthiest country in the world.

Income Inequality: That isn't typically why regimes "crack". Look at some of the dictators which have survived for decades. Many died in their beds without having addressed inequality one iota. Many more passed from one dictator to another without addressing inequality one iota. And when the US government finally cracks, it won't be pitchfork-wielding peasants or "uneducated slums" as you put it overthrowing it, my dear Comrades. Oh, they'll be ON the barricades, all right....fighting the revolution for its real leaders, who are probably safe in their platinum-plated bunkers, sipping sherry and eating caviar.

Feel free to bring up Orwell, Louis XVI or Tsar Nicholas II... in the spirit of equality, I shall rebut  ;)
« Last Edit: January 14, 2020, 09:10:38 am by SuperColinBlow »
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Offline wilber

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Re: Interesting videos
« Reply #239 on: January 14, 2020, 09:22:55 am »
In a country with more privately owned guns than people, it won’t be pitchforks.
"Never trust a man without a single redeeming vice" WSC