[1035] The Truth About Markets – London – 30 May 2009

May 30th, 2009 by stacyherbert

Stacy Summary: We are on the Edirol at the cafe. Topics of conversation: French socialist reaction to ketchup spills; MPs expenses and tax avoidance; Adam Curtis; cars driving past; and we play part of our interview with Michael Hudson.

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Other download options here at Archive dot org

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64 responses so far ↓

  • Adam Curtis has some good points, but as with Chomsky and Bill Maher, he is yet another lackey of the oligarchs posing as the brainiac sage for the people, then does the oligarchs’ bidding when he insists Muslims perpetrated 9/11 and 7/7 despite the mountain of evidence proving otherwise. In this way he is more insidious than Fox News, because average Joes think he’s of good will.

    Here’s an interview of Curtis where he complains of the dirty masses and their “new democracy” called the Internet:

    http://www.theregister.co.uk/2007/11/20/adam_curtis_interview/

    Hey, if Peter Schiff can get himself on Glen Beck, why can’t you?
    Maybe you can make him cry or whimper or something.
    It would be cool.

  • Many people don’t even have a tribe but a small fragment of one instead. The problems are with large powerful tribes that have global footprints. It isn’t reasonable to expect people who were weak enough to be dumbed-down and isolated to take information and form a tribe that is strong and intelligent enough to fight back effectively.

    They’re trained to be selfish infantilized cowards that raise their hands to ask for permission before emptying their bladders. They would need permission to revolt. They’d need ads in magazines and on tv showing how you’re not a real man or woman unless you’re revolting, and see? the latest hypersexual child-woman or ape-male celebrity is wearing a Revolt Wardrobe. Paris Hilton could endorse a pink beret if she still looked 12 but now she’s surely too old.

    Someone would have to make it sexy to get brain-damaged by police or prison guards, raped in prison, or tortured… for nothing. Then a few cows would finally start jumping the fence. Unfortunately, they’d still be stupid cows.

  • Hi. Just arrived here. Isn’t 40MB for an mp3 file huge ? What gives ?

  • Question:
    - If I say something, do I have to mind whether I repeat a copyrighted sentence?
    - Equally, If I open my mouth, is what I say copyrighted?
    - Is a transcript of me talking copyrighted in my name or the writer?
    -What is the smallest copyrighted sentence?

    @Max, you might like Manara bande dessinees (the early works), he has great stories, one in which a machine creates all books..

    The trap talks about freedom, which is the primary reward in our nervous system (deeming your behaviour, whatever it is, adequate). It is a non specific term that achors ‘reward’ given by us to ourselves. The operative part in ‘I want you to be free’ is ‘I want’. Freedom can not be granted by a power that remains present.

    The problem with weird sience is that it usually takes going into a trance to grasp its concepts, which eliminates a lot of practical objections (like the simple empirical test iamongst the secretaries) and fosters acceptance only in its scientific context.

    Hitler is said to have wanted his supportes to march in file and stand in nice rows and columns because he was scared of masses of unorganized individuals. Social theories do the same. They may or may not be correct, but they externalize responsibility and simplify choices.

  • Painting the tape = Deus ex machina = pinnochio’s nose
    = Uncle Sam’s Band of Bangsters.

    What happens when Uncle Sam’s woody gets cut off?

  • This may be of interest to some people. The top mercury polluters in the USA are predominantly the gold mining companies according to this link. And I thought it was the coal power plants… nope. In 2006 the cost to mine 1 ounce was $250. I wonder what it would cost them per ounce to not pollute…

    http://tinyurl.com/top100mercury

  • Susan Boyle only got second place on ‘britains got talent’,these kind of stories usually end badly,lets hope it gets better….?

  • Wow nearly 60 comments already. I remember the days when I used to feel shy to write a comment, cos there was no one else here ! :)

  • One may either submit personal power to environmental forces or take control of one’s own life. It doesn’t matter how oppressive the situation may be (take Victor Frankl…)

    The highest form of revolution is revolution of the self.
    I see no need to *join* any mob or uprising. Rather, I may choose to collaborate creatively with people who I see are doing interesting and worthwhile things. The world turns.
    Thanks for your efforts, Max and Stacey, I enjoy the show.
    (grin)

  • FYI… ” Gold Battle…Thrilla In Manilla! ”

    http://www.gold-eagle.com/editorials_08/thomsons052909.html

    Talks about the Bond market , and Gold.

    PS: ….
    when “everybody” says Buy …. be careful of course !

  • It never ceases to amaze me the sheer amount of rabid right-wing shock jocks / pundits in the US. I mean, Hannity and O’Reilly on Fox News are bad enough, bullying and shouting down guests who have the temerity to challenge their views but then you have the likes of Savage who brings it to an even higher level of fascist, hate filled diatribe. This guy called for 100 million Muslims to be eradicated just so as to reduce their number down from a billion. Even if it was just an off the cuff remark, I’m sure all of his supporters were applauding. When millions of Americans hold similar views, it cant be long before a gang even more violent and repulsive than the Bush regime takes power in the States.

  • I felt I had to point out the logical inconsistency’s when you suggested govt as the best way to bring projects together and make things happen. Describing the free market as only capable of such things, to a limited extent.

    You said, (29.30) ‘large scale projects that need cooperation over huge distances are totally better off being managed by a centralised govt’, such as the postal service and public transportation.

    Now, whilst listening to this I was waiting for a public bus for some 40 minutes to take me to work, that supposedly runs every 8 minutes. So in fairness, my coffee spat out of my mouth at your suggestion.

    My question is, since when has govt been about cooperation? In every case it uses force, mainly law of course. But if they ever need to get anything off the ground large scale, they go to the private sector and they pay around 400% more than any private individual or company would pay for the same thing.

    Sure you could try and get a bereaucrat to do it, but can you imagine a civil servant organising the Olympic games?

    Come on Max.. I agree that the oligarchs are indeed parasites that use the free market to their own aims, but whom enabled them? The free market is just a simple buy and sell transaction between two people. People will vote with their wealth. But who controls the wealth? Certainly not JP Morgan, as they just suck richly off of the states tit, enabled by corrupt politicians. I couldnt help but point this out to you.. Peace to both you and Stacy..

  • Fine and funny stuff, and pretty amazing for being fully off-the-cuff, but if you state that “Marxism” is not an -ism, because Marx was only a critic of capitalism, then call something “Marxist” about a minute later, then I’m confused.