Thank you Stewart Lansley... 'Everybody Knows'

needs broader distribution

Interesting talk. Particularly interesting that Stewart didn't mention Marx once... "pauperism (poverty) forms the condition of capitalist production and of the capitalist development of wealth... in proportion as capital accumulates, the situation of the worker, be his payment high or low, must grow worse" Doesn't this seem relevant?

@lincolnpork9357

Жыл бұрын

Perhaps not as relevant, but interesting to me jcoprario, is did Conway Hall makes some *ethical* decision to make your and my Comments only visible to those who sign in with a youtube account ? { ; ¬ ]

@jcoprario967

Жыл бұрын

@@lincolnpork9357 good question. I think there are various levels of auto-censorship built into youtube

Care is needed when attributing events as "cycles". Specific,discrete, in the past, trigger events which have no biological or physical Laws governing them( like menstruation, planetary motion) , may show similar 'patterns', but this does not mean that they are cyclical. *Long before* this mistakenly named 'WAVE 1' 200-year long Income/Poverty cycle, humans who had gained power - by whatever means - was the precursor to Income/Poverty cycles. Cultural hegemony, the process within possibly all societies, by which the ruling classes create particular norms, values, and stigmas, amounting to a culture in which their continued dominance is considered beneficial, is but *one* tool that the multigenerational rich, the very rich, and those that are rich and intend always remaining rich(and passing it down) , have at their purchasing power.

As Marx said the reserve pool of unemployed labour puts pressure on the rights of workers but now AI and automation is also displacing human labour and the rich elites are highly invested in AI and the likes of Silicon Valley. The conditions of labour are increasingly precarious and people struggle with rent and bills and live marginal and cruelly inhuman lives. The rights of the poor must become centre stage like in the 60s and 70s.

Yes, you are right, this is not a natural cycle. But it is not an anomaly either. Wave 2 would have and should have continued past 1979 and morphed the UK into a low I/P society like Denmark today. Unfortunately, a State can not have low I/P universal welfare and open borders to immigration at the same time. No local population will accept this. But, tragically, the UK had a global empire which opened it up to post-WW2 mass immigration. The UK population could only accept this situation for so long before they voted to end it by voting in the Tories for over a decade in 1979. The Tories did what the people wanted - stop generous welfare to immigrants even though it also meant ending it for the local population too. And that is where we still are today. The UK will not free itself from the low I/P policies until mass immigration is stopped. So, we have a real tension for the Left in that it supports low I/P policies and mass immigration policies - which is politically impossible to reconcile.

If Britain "failed" the poor, which country did best at helping them?

@fburton8

Жыл бұрын

Probably some hellhole like Norway or Finland.

@jtu100

Жыл бұрын

@@fburton8 coming third is called a bronze medal not "failing" 😛

@portalarizona

Жыл бұрын

China

@fburton8

Жыл бұрын

@@portalarizona I think you're right. China lifted 800 million people above the World Bank's International Poverty Line over the last 40 years.

@portalarizona

Жыл бұрын

@@jtu100 No medal. Britain did not come in third. Not even close.