Economist Who Predicted Brexit & Trump Brilliantly Explains Capitalism’s Collapse

Posted: December 20, 2016 in Uncategorized

Mark Blyth, who accurately predicted Brexit and Trump explains in clear language how globalization and capitalism are failing people throughout the world and why that means more Brexits and Trumps are on the way.

Source: Economist Who Predicted Brexit & Trump Brilliantly Explains Capitalism’s Collapse

Comments
  1. […] via Economist Who Predicted Brexit & Trump Brilliantly Explains Capitalism’s Collapse — The Most… […]

  2. rudolfalbert says:

    Reblogged this on rudolfwordpressblog.

  3. marblenecltr says:

    More than Smith’s free market capitalism failed, our Constitution has been made nearly worthless. Starting in the last century, the first major attack was the disputed establishment of the Federal Reserve Bank, an act that took place when but a very few but just enough lawmakers were left in WA D.C. then there was the attempted military coup against the but recently installed FDR. Next, the murder of the last president we had who was dedicated to our Constitution. Next floor down on the way to the basement, Reagan, handled by Bush. Enter sending our jobs to Japan, taking our nation from greatest creditor to greatest debtor nation in eight years, the beginning of our age of honoured greed and mockery of the poor, and so on. Then there was the fast track of NAFTA developed by NWO/UN promoter GHWB and then made into law by the Bush family adopted son, WJC, bye, bye, American pie. 911, Patriot Act, need I say more? There is much more to be said, but most reasonable people understand it. Follow up with the Globalists’ world citizen candidate, BHO, and here we are. At war ever since the murder of JFK, a fulfilment of DDE’s warning regarding the military industrial threat.

    • Very adept analysis, marblenecltr. I have just finished a really interesting book on the history of class in the US. The more I learn about the writing of the Constitution the more I wonder if it was deliberately written in such a way to deny Americans full equality.

      • marblenecltr says:

        Sorry to take so long to respond. Our Constitution was written in a world of inequality that was close to global slavery maintained by inheritance and brutality. Out of that world of darkness, people were introduced to advancement of a spirit of humanity through our Constitution, and the progress continues in spite of the efforts of Globalist “elites” who want to bring us back to serfdom. I don’t see equality in material wealth taking place. Rulership will be held by human beings, and we are all flawed. To attain as much fairness as possible, ridership must be held by local communities, not by a very few running the world through any system they put in place.

        • I agree that there’s more democracy in local/regional governance. I also agree with Richard Heinberg that the loss of access to cheap fossil fuels will end the age of giant national states – without energy it will be impossible to maintain control over larger areas at a distance. That will be just fine with me – I would be quite happy to live in a small self-governing region.

  4. marblenecltr says:

    Reblogged this on necltr and commented:
    Two points of similar view, one in the posting, the other as a comment.

  5. michelleclarke2015 says:

    Reblogged this on canisgallicus and commented:
    Capitalism race to the bottom
    Never considered the implications of the prison population becoming, if not already, a trapped workforce with no securities and paid little

  6. Norman Pilon says:

    Well, it’s predatory capitalism, alright. But there is no other kind as I think Jimmy and his guests seem to imply there might be. Union’s, if ALL working people could be part of a union, might help to mitigate the excesses of the exploitation, but the incentive to undermine them would remain. So the solution isn’t any kind of reform. The message that needs to be pushed is that this has to end. Period.

    • marblenecltr says:

      The destruction of Adam Smith-style true free market capitalism should be reversed. Those bringing about the destruction will not replace it with equality; beneficial, fair capitalism needs rules like the Sherman Antitrust rules and the Clayton Act need to be managed by honest, capable referees with the authority to apply the rules.

      • Norman Pilon says:

        “The destruction of Adam Smith-style true free market capitalism should be reversed.”

        What you are witnessing today is what capitalism has always been. It has never been benign. That is a fairy-tale for the gullible and historically uninformed.

        Stuart has a couple of really worthwhile documentaries by Scott Noble to which she has brought our attention and that, if you haven’t already, you should watch:

        &

        I also leave you with a short quote that was a footnote in Marx’s Capital: Volume One, “Chapter Thirty-One: Genesis of the Industrial Capitalist,” which you can find here and that is also well worth reading — so as to emphasize the incentives to brutal oppression that have always been inherent to the system of exploitation for which Adam Smith was ever an apologist:

        “Capital is said by a Quarterly Reviewer to fly turbulence and strife, and to be timid, which is very true; but this is very incompletely stating the question. Capital eschews no profit, or very small profit, just as Nature was formerly said to abhor a vacuum. With adequate profit, capital is very bold. A certain 10 per cent. will ensure its employment anywhere; 20 per cent. certain will produce eagerness; 50 per cent., positive audacity; 100 per cent. will make it ready to trample on all human laws; 300 per cent., and there is not a crime at which it will scruple, nor a risk it will not run, even to the chance of its owner being hanged. If turbulence and strife will bring a profit, it will freely encourage both. Smuggling and the slave-trade have amply proved all that is here stated.” (T. J. Dunning, l. c., pp. 35, 36.)

        Regards,

        –N

  7. I agree wholeheartedly with you on both counts, Norman. Reform won’t really help anything. There is no kinder, gentler capitalism. It’s gotta end period.

  8. […] via Economist Who Predicted Brexit & Trump Brilliantly Explains Capitalism’s Collapse — The Most… […]

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