CAPITAL does not circulate, MONEY and MONEY SUBSTITUTES Circulate.
LEGAL TENDER, BANKNOTES, and CREDIT are Money Substitutes.
The banks don't circulate capital, they circulat
The Federal Reserve is NOT part of the US Government. It is a "not for profit" CORPORATION. Five People, chosen by the CORPORATION, nominated by the president and confirmed by the senate, are not even CLOSE to the real power of the Federal Reserve.
e.g. When someone takes out a loan/mortgage to buy a house and then works (produces value/gives his/her time) but only manages to pay-off 50% of the loan and the bank comes in and confiscates the house, it is actually stealing all that labor(time/life energy) from the living breathing man since it (the bank) did not actually loan anything of value, and technically it was not even a loan. So house foreclosures by banks (the State) = theft.
And ye, a bank since it is a fiction can not create any value therefore it can not loan any, it (actually the people behind the legal mask) can however steal value. Banks/Corporations/The State do that on a daily basis.
the FEd is privately owned but the head of the FED is appointed by the government and it works with the government on creating monetary policy. It is basically a collective agent of the banking faction of the capitalist class. In this way it is sort of like a mini-state unto-itself.
I'm still watching your videos, I think they are very good, and the fog is clearing (a little) on economic matters, I'd like to recommend to you two youtube sites one is Beingism(if you check My playlists I have them all on one playlist) and the other is Dr. John Breeding on psychetruth channel, An activist for psychiatric rights, I myself am a member of mindfreedom international so I'll give a little plug for them too, Thanks, hope I'm not getting too annoying!
But who did David Harvey read, how did he know. Thats the question i would ask, in the pub. Dont worry i don't expect an answer as its a big subject. whos truth is true.
David Harvey iis an academic economic geographer and a professor; so he would have acquired most of his knowledge through his academic profession. Harvey would have read various academic books, attended lectures, attended academic conferences on political economy and developed contacts with other academic political economists.
If you want to be like Harvey, you should start by getting an undergraduate degree in political economy.
I actually did study Marx as an undergrad- but...are you saying one can't read books or make vids on economics w/o an academic background? Do you think it's impossible to educate oneself on political economy outside of academia? And where would you suggest one goes to study radical pol-econ? Are you aware that almost no departments in the US offer degrees in marxist economic theory? And who said anything about wanting to be like Harvey?
I think you completely misunderstand that I just wrote. The reply was not directed at you, but at the person that asked where David Harvey got his information from.
I think you are reading too far into what I posted. I never said that a person can not make videos or educate oneself outside academia, I just made a suggestion that it could be a good idea to look into studying at economics at university.
This leads me to a question I have been thinking about for awhile. Although it is not impossible to educate oneself in economics outside academia, do you think it is difficult to do so?
Imagine doing 50+ hours of work and still having to go home and write papers on economics?
I work part time in a grocery store and I am doing my masters studies in history. I really do not have time to study political economy in the same depth as a professional economist.
I think that we need a layer of people in-between academia and lay audiences- a strata of thinkers who seek to translate these ideas into accessible forms. I hope that my videos can help serve this purpose to some modest extent.
Making a radical political theory a living, collective project is something that the structure of academia excludes. But I think that having an active strata of people working in theory at this "street-level" could have a positive effect on the academy.
looks to me that, those great and the good highly educated economists, didn't learn anything or we wouldn't be in the crap now ! with all those people losing their homes and jobs. makes me think i could run it better.
I only have to worry about providing for my kids food and working for their own flawed education. ( Thats a micro economy in its self )
So true. You can study aspects of Marxist political economy in most Universities, but never the whole thing. Most business faculties have gone shifted so far right-wing that even Keynesian thinking is considered 'leftist'.
You don't need a degree to understand the world. I know people who have completed majors in economics without being able to form a detailed analysis about the global economy.
brilliant I am also curious how you get the cartoons to match your discourse. Do yo make thaem as well. You are an amazing guy your productivity is awesome. I can mot express how much I find your vids so educational in many ways. PLEASE keep these things goimg look forward top your next vids.
The most interesting of your videos to date and timely. I look forward to your developing critique of libertarian capitalism and its attack on finance capital and its failure to understand the contradictions in productive capital.
Would the current cost of Gasoline be considered a 'Speculative Bubble' created by Commodities traders?
LOLitsJono 9 months ago
MONEY is not CAPITAL.
CAPITAL does not circulate, MONEY and MONEY SUBSTITUTES Circulate.
LEGAL TENDER, BANKNOTES, and CREDIT are Money Substitutes.
The banks don't circulate capital, they circulat
The Federal Reserve is NOT part of the US Government. It is a "not for profit" CORPORATION. Five People, chosen by the CORPORATION, nominated by the president and confirmed by the senate, are not even CLOSE to the real power of the Federal Reserve.
tuberesponder 2 years ago
e.g. When someone takes out a loan/mortgage to buy a house and then works (produces value/gives his/her time) but only manages to pay-off 50% of the loan and the bank comes in and confiscates the house, it is actually stealing all that labor(time/life energy) from the living breathing man since it (the bank) did not actually loan anything of value, and technically it was not even a loan. So house foreclosures by banks (the State) = theft.
bergweg 2 years ago
And ye, a bank since it is a fiction can not create any value therefore it can not loan any, it (actually the people behind the legal mask) can however steal value. Banks/Corporations/The State do that on a daily basis.
bergweg 2 years ago
I've heard Russo and Alex Jones say that the FED is a private bank. What's your take on this? Is it true?
I'm not an American, by the way.
jumpnjza2 2 years ago
the FEd is privately owned but the head of the FED is appointed by the government and it works with the government on creating monetary policy. It is basically a collective agent of the banking faction of the capitalist class. In this way it is sort of like a mini-state unto-itself.
brendanmcooney 2 years ago
Is there a movement to change this?
jumpnjza2 2 years ago
Productive capitalist are the businesses and the Money capitialist are the banks, right?
1studentoftruth 2 years ago
yes.
brendanmcooney 2 years ago
I'm still watching your videos, I think they are very good, and the fog is clearing (a little) on economic matters, I'd like to recommend to you two youtube sites one is Beingism(if you check My playlists I have them all on one playlist) and the other is Dr. John Breeding on psychetruth channel, An activist for psychiatric rights, I myself am a member of mindfreedom international so I'll give a little plug for them too, Thanks, hope I'm not getting too annoying!
catgumart 2 years ago
I actually learn something from watching these videos. I have a vague idea beforehand but this and other videos by the author clear up any ambiguity
hume12345 3 years ago 4
fine addition to my economic playlist,
MorganAnsons 3 years ago
dude your so clever how did you learn all this stuff..?
goodagofilms 3 years ago
I read a lot of books, especially David Harvey.
brendanmcooney 3 years ago
"He that read's shall know" Shakespear i think.
But who did David Harvey read, how did he know. Thats the question i would ask, in the pub. Dont worry i don't expect an answer as its a big subject. whos truth is true.
goodagofilms 3 years ago
Karl Marx?
Debord1 3 years ago
David Harvey iis an academic economic geographer and a professor; so he would have acquired most of his knowledge through his academic profession. Harvey would have read various academic books, attended lectures, attended academic conferences on political economy and developed contacts with other academic political economists.
If you want to be like Harvey, you should start by getting an undergraduate degree in political economy.
Catholicboy4life 2 years ago
I actually did study Marx as an undergrad- but...are you saying one can't read books or make vids on economics w/o an academic background? Do you think it's impossible to educate oneself on political economy outside of academia? And where would you suggest one goes to study radical pol-econ? Are you aware that almost no departments in the US offer degrees in marxist economic theory? And who said anything about wanting to be like Harvey?
brendanmcooney 2 years ago
Brendan.
I think you completely misunderstand that I just wrote. The reply was not directed at you, but at the person that asked where David Harvey got his information from.
I think you are reading too far into what I posted. I never said that a person can not make videos or educate oneself outside academia, I just made a suggestion that it could be a good idea to look into studying at economics at university.
Catholicboy4life 2 years ago
oh- ok. nevermind.
brendanmcooney 2 years ago
This leads me to a question I have been thinking about for awhile. Although it is not impossible to educate oneself in economics outside academia, do you think it is difficult to do so?
Imagine doing 50+ hours of work and still having to go home and write papers on economics?
I work part time in a grocery store and I am doing my masters studies in history. I really do not have time to study political economy in the same depth as a professional economist.
What is your take on this?
Catholicboy4life 2 years ago
I think that we need a layer of people in-between academia and lay audiences- a strata of thinkers who seek to translate these ideas into accessible forms. I hope that my videos can help serve this purpose to some modest extent.
Making a radical political theory a living, collective project is something that the structure of academia excludes. But I think that having an active strata of people working in theory at this "street-level" could have a positive effect on the academy.
brendanmcooney 2 years ago
looks to me that, those great and the good highly educated economists, didn't learn anything or we wouldn't be in the crap now ! with all those people losing their homes and jobs. makes me think i could run it better.
I only have to worry about providing for my kids food and working for their own flawed education. ( Thats a micro economy in its self )
goodagofilms 2 years ago
So true. You can study aspects of Marxist political economy in most Universities, but never the whole thing. Most business faculties have gone shifted so far right-wing that even Keynesian thinking is considered 'leftist'.
jumpnjza2 2 years ago
You don't need a degree to understand the world. I know people who have completed majors in economics without being able to form a detailed analysis about the global economy.
jumpnjza2 2 years ago
bravo
Bigmartinno1 3 years ago
VERY GOOD JOB I LOVE IT!
fentagin1917 3 years ago
very good videos... keep them coming
vunet 3 years ago 2
brilliant I am also curious how you get the cartoons to match your discourse. Do yo make thaem as well. You are an amazing guy your productivity is awesome. I can mot express how much I find your vids so educational in many ways. PLEASE keep these things goimg look forward top your next vids.
my best wishes to you
nbm34 3 years ago 2
You play the piano?
Also, where do you find the cartoons for these videos? (Excluding the great Superman episode)
topicalone 3 years ago
Quality
geraboldy 3 years ago
Why Brendan, where did that fabulous background music come from?
milt0nics 3 years ago
my piano.
it needs tuning though.
brendanmcooney 3 years ago
just a little piece of advice if you allow me:
the piano is ok but maybe a little too loud sometimes. Overall you're doing a great job.
Thanks
lexvalesa 3 years ago
The most interesting of your videos to date and timely. I look forward to your developing critique of libertarian capitalism and its attack on finance capital and its failure to understand the contradictions in productive capital.
I applaud the clarity of your presentation
nickglais 3 years ago