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From: TheRealNews
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  • "Don't forget donate button up here or down there. Because we don't have neoliberal model and we can't survive without your donation." LOL!!!!!!

  • What the Far Left likes to call "Neoliberalism" is actually centrism. Liberalism is about freedom and equality for all. That everyone should have a shot at being successful in life. Its not Democratic Socialism what the Far Left believes in.

  • To all individuals who have commented,

    Those of you who have given a response in a defensive, incoherent, ignorant, egocentric manner, pick up a book!!! come up with a relevant and educated response!! this is the exact reason you are irrelevant in societies all over the world!

  • Excellent Interview.

  • The problem is that the very people who need the change will fight the hardest to keep it off. Just look at all the ignorant right-wingers in America screaming against anyone who promotes change as "socialists". The elites have been able to manipulate these poor morons to fight in their favor. These idiots keep the system alive while holding the vague and empty hope that they might someday be able to join the wealthy elites, as if the club has an open membership policy... a selfish system

  • If the working classes are to fight and win against global capitalism they need a fighting creed to believe in. Socialism has to be reborn for the 21st Century and people need to realize that socialism is not about leeching off the government as the right-wing propagandists would have you believe - it is about working people fighting for a just society and putting themselves in harms way for a better future for everyone.

  • @blackiron60 exactamundo! Although what you call "socialism" I call "regulated capitalism with economic democracy". In any case, I think we may be talking about the same animal :) now just to make it happen :(

  • I agree with Duménil vis-a-vis labour costs and the 'protectionism boogeyman', but I get Jay's point. In the end, neither economic liberalism nor nationalist protectionism serves the interests of workers.

  • Its Clear now that the American loveaffair with positive thinking has jaded the Liberal Community, now it's way too easy to write poor people off as having bad additudes.

    Bankers got sucked in too, not wanting to be seen as negative they ignored the nagging doubts in the back out their heads. We where all nobbled by our own Motivational Speakers.

  • When the people or 'consumers' realise their power and start spending their hard earned $ ethically; when we decide not to buy sweat shop clothes. We are complicit in the raping. It's like the war on drugs- it'll never work until you reduce demand. The best arguement not to use illegal drugs is that you are literally paying for a cycle of violence and corruption (not in all cases- cocaine especially). Boycott the parasites!

  • I feel it before he said it, I even paused the video and make a bet with a familiar, it had to be Argentina. We are always the bad example of the region.

    Suerte!

  • Completely off-topic, but I must say, that watching this video with YouTube's "Text" mode is pretty trippy! =D

  • I'm glad professor Dumenil is advocating for a new system that will replace neo liberalism. Unfortunately the majority of liberals still operate under the framework of neo liberalism and think that the other altneratives such as socialism or anarchism are too "utopian". I happen to think that socialist and anarchist are the realist when it comes to analyzing the problems with capitalism. Whereas, the true utopians are the people who believe that true change can come about in this system.

  • The system of profit is the mother of all inequity

    There are 6 billion of us surely someone else can devise a more FUNCTIONAL system to work on and put an end to this focus on materialism at the expense of HUMANITY right?

  • Perhaps the learned professor alludes to the comparative advantage of countries like Haiti, an impoverished and oppressed workforce that would happily be trained to produce anything, rich North Americans or Europeans would consume. Of course, to maintain that comparative advantage, Haiti must be kept poor and exports must be regulated so as not to compete with western corporations. The simple answer is corporate colonization, which lies at the heart of the neoliberal agenda.

  • I hate this new layout I can't read the comments as easily

  • In Ireland the people are being forced to pump 30 billion euros into a single zombie bank , the total cost of the bailouts for banks could top 70 billion euros , all the while schools hospitals and every other public service are being cut , just to keep the rich from the breadline !

    Neoliberalism is a form of TERRORISM

  • His arguments are great for an economically influential state like France. It allows them to stay competitive with labor in other countries without improving productivity. I would have liked to hear him explain what sort of framework you would use for negotiating fair agreements between states without resorting to trade wars.

    I think the criticism that he's an economic nationalist would be blunted if he looked at how the framework would help Romanian workers.

  • His answer is subsidies and protectionism- Frances answer for everything. If every country acted in this way, the third world would never grow their economies and it would destort the global economy. France takes the bulk of EU farm subsidies, you see over- production in, for example, wine, with good wine being turned into ethanol, grain mountains, etc. He is right that financial regulation is needed though.

  • @Dubwise78 I'm confused by the notion that our (America/other first world) form of globalism is ever going to do anything aside from exploit and oppress the third world for it's resources.

    not disagreeing with your assessment of France however.(don't know enough about it to comment.)

  • @Dubwise78 Blame France - England's answer for everything, nevermind the UK is also a important recipient of CAP funds. Well, at least France still produces good wine, good fois gras, good aeronautical technology.

  • People also have this ridiculous concept that wages shouldn't go down. They can always go up, because we like that of course.

    If wages are falling for some reason we have to prevent this. Yet you wouldn't ask the government to restrict your wages going up would you?

    You aren't supposed to *like* wages going down, but you should expect if you take out the possibility of bad (for yourself), you are also taking out the possibility of good (for everyone).

  • Wages should be adjusted annually to account for inflation or deflation. The problem however is that we have had continuous inflation yet wages have continued to fall.

  • @ArcticSlicer First, you can't peg wages to true inflation as the government numbers don't record the same basket of goods over time. Second, wages vary on worker supply and demand too. 25 years ago you were paid top dollar to be a computer network manager. But things got easier and tons more people learned how to do it.

    A job you have can change and need less skilled workers over time.

  • That shouldn't matter. Just because there are more people who are capable of doing a specific job doesn't mean a job should pay less. Trying to say it should is to justify the increasing discrepancies between wages and profits. People still have families to support and if a deregulated capitalist system is ignoring the needs of the people it's time to change it.

  • I would like things to stay the same, but thats not reality. A couple people stranded on an island get used to the limited food on the island. A few more people wind up there, you would let them starve because you don't want to reduce your share? That mentality causes war, strife.

    You share. You have enough farmers so some people support farmers, become tool makers etc. Over time you all end up producing more.

    If you think I can only work in my one job you screw yourself and others.

  • People are getting suckered by debt over and over again.

    In south America, they encouraged Keynesian capitalism. Deficits are good. The IMF lends money out like loan sharks, and when it's time to repay they demand laws, natural resources and openings for foreign business.

    People see this and blame this on trade and capitalism when they see foreign interests steal their oil and land.

    Now we have to "free the credit markets" up here. Freeing them would continue to encourage debt.

  • This guy is Inspector Strangelove!

  • Excellent interview. 5*. Completely agree that what needs to be done is to resist. Resist at all levels at every opportunity.

    Believing that some politicians will save the day will not help. There is no real difference between the parties and they do not represent the citizens. Period. The politicians are beholden to those that got the big pay outs. All else are lies.

    Great comment about the propaganda from the government. Ever wonder to venture a guess to the percentage?

  • "cant have free trade between unequal countries"

    best part

  • ya this guy IS cool but i'm surprised not to see any comments about his french accent lol this means one of two things, either our people are becoming more mature and not making fun of everyone just because their government didn't do what our government wanted them to do or the type of people who listen to therealnews are just more mature than the average american... i would guess the latter

  • after seeing the previous comment, i can only think of what thom hartmann said once; the corporate propoganda machine in the u.s. has succeeded in convincing most of the american people that government help is bad for them while corporate exploitation is to their best advantage... it will be very difficult

    to over turn these beliefs but it is doable with honest work and reporting like what paul jay is doing here

  • "the corporate propoganda machine in the u.s. has succeeded in convincing most of the american people that government help is bad for them while corporate exploitation is to their best advantage..."

    No, this isn't true! Take time to look closely at opinion polls, you have to look them up by yourself cos the interesting parts don't get reported in the MSM, and you will see that all the talk about how social democracy can't work in America because Americans are an essentially conservative ...

  • people and whatever is total non-sense. The VAST majority of Americans (70-80%) support socialized universal healthcare, more regulations on corporations, more taxes on the rich, etc etc. And also Americans are committed pacifists and internationalists. All in all, the average American is a good notch to the left of the Democratic Party- but you ain't supposed to know about it.

  • i totally agree... i actually listen to noam chomsky who i think ,based on the way you're talking, you listen to as well, and he talks all about how the average american is socialist minded and wants the good for everyone, but the problem is that we have been taught to be allergic to certain words which are frequently used to bash anything remotely good for the people especially in the so called conservative media... in reality they are nothing resembling real conservatism

  • Well Written! I've often believed that my American friends and family were not really represented by either of the two current parties, who by most of the standards of Western democracies, are both well to the right on the political spectrum.

  • marvelous statement, and spot on. too bad.

  • The capitalist radicals and the warmongers are only a small minority in USA, the proablem is that they're extremely noisy and that most of the government and media people are drawn from that minority, lol.

    It is very important for us progressives and leftists to keep that in mind: we already have most of the population on our side, the problem is that people are kept in great confusion by corporate/government propaganda and seldom get the occasion to hear our perspective formulated clearly.

  • about the Neo-liberals and the warmongers, as you said they are very loud and persistent..progressives and liberals in nature are docile and lack the aggressiveness which is precisely necessary to handle our american public.. i guess it is human nature or something but an authority figure to a person who lacks critical thinking skills needs to be stern and loud lol sad to say

  • There are tons of people FOR capitalism, yet not the corporate crony capitalism that's been going on. They believe paying close attention to finances.

    They are NOT for the war. NOT terribly religious. NOT for reductions on rights, and many of them hated Bush and wanted him impeached.

    You have a bigger problem separating those who think government can solve all their problems, vs those who believe they inadvertently cause most problems. And should be tightly restrained in power and size.

  • I'd say banks are the socialists, what with wanting daddy State to bail them out and all... I'll go a step further and call them selective socialists: they want the big state to help them when they go bust but they don't want taxes and regulation while they are making money!

  • Socialism for the rich, capitalism for the poor..... They call it 'free entreprise'

  • lool well ofcoarse! can't you see?! you are free to choose what form of oppression you want to be under... that is true democracy my friend haha

  • That's what Karl Marx said a 150 years ago.

    "The oppressed are allowed once every few years to decide which particular representatives of the oppressing class are to represent and repress them. "  -- Karl Marx

  • @DonVoghano They are more like spoiled little children, who want to go and play in the traffic, but expect Daddy to rescue them when the cars are going to hit them.

  • @dangerouslytalented Hahaha it's true I guess, but Daddy answered the call and sent an army of free citizens to act as human shields! :D

  • @DonVoghano define socialism.... banks are clearly private. p.s. it isnt daddy state, the state is the offspring of business and it acts accordingly.

  • @DonVoghano "banks are socialists"..thats a very stupid thing to say..Stop talking in stupid cold war propaganda slogans (calling everything negative socialism), and read something about socialism..Then talk about it. socio=society..The society has the power. US is now a Plutarchy (Oligarchy+Plutocracy).Plutocr­acy is rule by the wealthy, or power provided by wealth. Oligarchy means the rule of the few.

  • @seezarorest I know bro, I was being sarcastic.

  • @DonVoghano Privatize profits & Socialize losses

  • @DonVoghano which is why they have nothing to do with socialism... what a weir idea of yours...

  • @DonVoghano No, that's your picture of socialism, not socialism itself. I had that picture too, until i was assigned some socialist literature in school. I learned then, that socialism, like every other human-loving ideology, want to promote equality. A bail out isn't socialist, unless the state also takes over the company, in which case it might be called fabian-socialist.

  • @freedomthrough It was sort of satirical, actually. I understand that a bailout is not socialistic, it's simply powerful people robbing powerless peons, which is what our system has been getting to be for the past 40 years. I'm not fond of -isms, I'm fond of history and stuff that works.

  • @DonVoghano Okay mate :). Yeah, i agree to that. The whole reason that socialism exists is that powerful people were continuously robbing powerless peons. That said, i agree many parties calling themselves socialist have done horrendous things to powerless peons in the past and to some extent also in the present. The problem is that the current system works very well. Not economically, not socially, but to keep power in the hands of a few. They don't like it when people challenge that.

  • @freedomthrough Well when the second "dip" of the recession comes they either have to pick up their social-democracy handbooks or start looking at shiny new models of guillotine...

  • @DonVoghano Agreed. Unless the social democractic parties find their way back to "change", we might as well throw them out tbh. They're pointless like they are today. I can't believe what's happening in Greece, Portugal and Spain, for example. Why aren't they doing anything?

  • @freedomthrough Those countries are already on the brink of revolt, and it might take the whole EU down if it happens. In times like these what usually happens is that the people of a state revolt and the elites in other states get scared, somehow remember that they can't just brush the masses off as a nuisance and start making concessions again. To get there it usually takes a major economic break-down and war. Sadly this is what we should be expecting atm.

  • @DonVoghano Yeah... It's sad. And yet the elites keep pursuing policies that will inevitably lead to the same outcome. The exception was in the post-WW2 economy.

  • If you are really one of the super rich, I doubt you will have time to comment on YouTube. So you are one of those sheeps who are too stupid to see what's in your OWN best interest.

  • @mengwise36 The plural of sheep is sheep; no 's'.

  • @Stardusk

    I stand corrected.

  • Why??

  • @bbburton

    How many millions do you have on your bank account? If you don't have any then you are a sheeple. Just another uneducated, no history knowing American that thinks that those with the money care about you. You will get your lesson in history sooner or later.

  • @leninstreet Typical socialist response. It's lemmings like you that think everyone should follow the leader. Grow a spine, and quit blaming your shortcomings on those of us who believe in liberty and freedom, and take responsibility for our own lives. Apparently you're the one who has failed to learn anything from the past. Grow up, pay attention, or continue to jump into the abyss like the lemming you now resemble.

  • @bbburton

    Go ahead and take responsibility for being raped in the a** by big banking. It's all your fault buddy, blame yourself for the shit that you have. With all that freedom you after all choose what you got. Me and the rest of the lemming will continue to suffer here in Sweden with our current account surplus and rising living standards.

  • @leninstreet Typical response from a socialist who wouldn't know how to take care of himself without the aid of his nanny state. Your ignorance is only surpassed by your blind adherence to state dogma. I'd rather stand for all the good associated with freedom than endure all the evils associated with the chains of big government.

  • @bbburton

    You claim to have intimate information on my survival abilities. I have been working since my university studies(paid for by the government) and have since paid far more taxes then I have received services back. I don't mind paying for someone eases medical expenses because I know if I get into problems that I cannot afford someone else will also help me out. I would mind paying some private company who then denies me care. If that makes me a socialist then I am one.

  • @leninstreet The only claim I make is that I would rather live free than have a socialist telling me how to live. Your entire argument is based upon how well the nanny state takes care of you, and you don't mind. Well, I do mind. And if you don't like it, that's skin off of my me, because you don't live in the U.S. and I don't have to live in your nanny state.

  • @bbburton Lol. The nanny state is you! Paid by you!!! He's not living off anyone! he gets some services like health care and education for which he pays for with his taxes. Look around you for creations of socialism, like the roads in your town, or the universities. Move away from ideology and employ logic sometimes. It's cool, trust me.

  • @da0217 UYA! If logic were easy, every fool would be just like you; smarter than they think they are. For instance: 'he gets some services like health care and education for which he pays for with his taxes.' Logic: if he only gets what he pays for with his taxes, then he is not entitled to what others pay for with their taxes. Your logic; if he gets what he pays for with his taxes, then he's entitled to what others pay for with their taxes. You're an idiot, trust me.

  • In that case no one, with the exception if millionars, can afford healthcare at given a time, because not many people have 100000 stashed away fro a surgery. Paying for your heathcare with taxes is much like buying it from a private provider. Lets say you need 100000 dollars worth of care and insurance pays for it, do you think that's how much you paid in premuims lets say that year? NO. Read on...

  • @bbburton Insurance is socialism! That is, a bunch of people pitching in and bailing your ass, once you're fixed and well you keep paying your premium and bail someone else's ass. That's what this guy get's with his government healthcare. Except he doesn't have some insurance company skimming cash off the top for profit. You let someone profit from you being sick. You're an idiot trust me.

  • @da0217 Words of wisdom from a mental midget. Insurance is nothing less than a gamble; you're betting you're going to get sick, hurt, die, and the insurance company is betting you're not. That's why young , healthy, and those with a good family history get lower rates and those who are old, unhealthy, or with a poor family history pay higher rates. Keep posting so everyone can observe up close how stupid you are.

  • @bbburton Lol. And? Can you please counter this point with something relevant: When you buy insurance, no matter at what rate, and go in for a costly treatment of say $100000, do you not rely on other people's premium payments to cover the cost of your treatment? If the answer is yes than according to what you said earlier you are getting something someone else paid for which makes you a socialist. Lol. You're a socialist by your own definition and don't even know it? Lol.

  • @da0217 When you buy insurance - that is the key. If you don't buy insurance, you're not betting anything, not risking anything, and not sharing any risk with anyone else. It's called freedom of choice. Why in the world would a healthy person buy any insurance in which a lot of unhealthy people are participating? You're an idiot, and don't even know it! Lol.

  • @bbburton Lol.! Most pathetic comment in the history of youtube. You are so weak that you didn't even attempt to respond to my point instead you tried to change subject, but thats cool i'll play with you. You dumb fuck if you don't have any healthy people in an insurance pool and got only unhealthy people YOU DON'T HAVE INSURANCE!!! How does a company stay in business if all they got is unhealthy people who keep filling claims? You are truly dumb you know that.

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