Peter S. Goodman - "How the World Ran Out of Everything" | The Daily Show

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@erinmac4750
@erinmac4750 7 ай бұрын
This is an economy lesson everyone in this country needs to hear. It helps that Mr. Goodman keeps it simple. Thanks for having on these people that bring us knowledge as well as entertainment.
@speedrunner9907
@speedrunner9907 7 ай бұрын
name should be mr badman
@peterstafford4426
@peterstafford4426 7 ай бұрын
The guy seems to think the we must be able to make glow-in-the-dark toys and pop-up books in the US. This man is a joke.
@lilfella7415
@lilfella7415 7 ай бұрын
@@peterstafford4426 This was not what he said. Understanding finances requires a bit of intelligence, but he explained it in a way that even a child can understand
@peterstafford4426
@peterstafford4426 7 ай бұрын
@@lilfella7415 It was perfect for children. For example, the two products that he used that he said will never be made in the USA are glow-in-the-dark toys and popup-books. Oh the horror. You'd think he'd have examples of products that were much more strategic than glow-in-the-dark toys or pop-up books. The man is a joke. Im sick of interview shows that are nothing but fre commercials for books.
@ImmuneToTrollHate
@ImmuneToTrollHate 7 ай бұрын
He briefly touched on the biggest problem with American style capitalism The idea that if I don't behave unethically my competition will and I'll be at a major disadvantage So I might as well be unethical in business
@trowawayacc
@trowawayacc 7 ай бұрын
Exactly. Its not just greengos china is the same. Greed is a desese and capitalism has enable it to conquer the world.
@jenniferinman6403
@jenniferinman6403 7 ай бұрын
I've been thinking about this a lot since this pandemic and all the "jokes" everyone made about buying things online. Where is that stuff four years later? Buy buy buy, try to be better than your friends. Everyone was saving during the pandemic, now everyone is in debt again. Amazon LOVES the American people 😢😢😢, so greedy for things we don't need and not mindful of what Amazon does to get the products we buy 😢
@mh-pz6ds
@mh-pz6ds 7 ай бұрын
Tragedy of the commons
@2525foreverever
@2525foreverever 6 ай бұрын
EXACTLY
@GrrliinaK
@GrrliinaK 7 ай бұрын
Glad I clicked on this. More of this guy, please.
@roaddawg3217
@roaddawg3217 7 ай бұрын
Yes! I heard him on NPR earlier this week
@echollis123
@echollis123 7 ай бұрын
An excellent interview that shows The Daily Show is able to cover important information while being funny. Bravo.
@tangpau93
@tangpau93 5 ай бұрын
Great interview. Going to get the book this week.
@virginiamiller4890
@virginiamiller4890 7 ай бұрын
Great interview and the author knows his sh_t!!! I wanna read that book! Thanks for having him on - always learning new things with your show
@teachoc9482
@teachoc9482 7 ай бұрын
Besides the Henry Ford in 2014 (bwahaha), this Goodman guy was the most clear and easy to understand guy I've ever heard!! Given a hugely complex question, he gives answers in 5 seconds on something other people would need pages to explain. Wow. I definitely want to read his info....
@AnBreadanFeasa
@AnBreadanFeasa 7 ай бұрын
As you've figured out, he meant 1914. Ford raised wages to $5 per day, which was unheard of at the time. Not only did he improve labour relations, he saw an improvement in production quality followed by an increase in sales volumes as workers could afford his cars. He was a deeply problematic man but possibly single-handedly created the American working/middle class.
@SEAZNDragon
@SEAZNDragon 7 ай бұрын
@@AnBreadanFeasa Plenty to curse Ford about but not the 8 hour work day. Especially when the standard during Ford's time was 10-12 hours 5-6 days a week.
@VictorianDad
@VictorianDad 7 ай бұрын
​@@AnBreadanFeasaThis is such an important point. If lawmakers cared about their constituents AND the economy, they would raise the minimum wage. This would boost the economy overnight.
@daemenoth
@daemenoth 7 ай бұрын
The people who are making all the money from outsourcing jobs are the same ones who have the money to lobby the governments and pay off supreme court justices. The entire UD government system runs on the rich paying the politicians to make the system work in a way that helps the corporations the most money.
@Rustea314
@Rustea314 7 ай бұрын
Congress needs to overturn Citizens United decision.
@traviscutler9912
@traviscutler9912 7 ай бұрын
Yup, the system works!
@arturorivera6173
@arturorivera6173 7 ай бұрын
CONGRESS WAS BOUGHT​@@Rustea314
@katiepinner4997
@katiepinner4997 7 ай бұрын
This was such a great interview. Another book to add to my reading list. Continue with the thoughtful questions that viewers want to hear.
@lalah9481
@lalah9481 7 ай бұрын
Greed kills. It has killed: Industry Unions Wages Safety Regulation The middle class Healthcare Prescriptions Small businesses Our futures…
@eshglass
@eshglass 7 ай бұрын
Education
@lilfella7415
@lilfella7415 7 ай бұрын
@@eshglass#1.
@echollis123
@echollis123 7 ай бұрын
Teddy Roosevelt knew it. Where's the next Teddy?
@twestgard2
@twestgard2 7 ай бұрын
Democracy…
@obijuan3004
@obijuan3004 7 ай бұрын
It’s not really greed as much as it is competition. Once a company is in the stock market they must publicly report their successes and failures. They must list revenues, cash flow, margins and net profits. In order to have the best report AND GET INVESTOR SUPPORT, they must sell more, have higher margins, have more cash, or they will have to cut jobs and wages to meet those goals. Jobs and wages are the easiest thing to eliminate with the quickest result. Or they will lose investor support, the stock will decline and the company could go out of business.
@cammieg4381
@cammieg4381 7 ай бұрын
Excellent interview! 👍Trade commerce makes a whole lot more sense now.
@templarknight456
@templarknight456 7 ай бұрын
Trains could save us in all honesty but the automotive industry lobbys that idea and will ask their puppets to deregulate safety measures to show that trains are bad. Meanwhile not too long boats were like "we made metal plates to catch the wind to save on gas" and the public was like "that's called a sail you idiots". Oh and they blocked the only route for trade for weeks which is still mind boggling that we are like "well we got 4 feet of clearance on each side so nothing can go wrong" and gave it thumbs up.
@Joe-Dead
@Joe-Dead 7 ай бұрын
trains couldn't 'save us all' they don't go everywhere nor was it the auto manufacturers that stuffed trains as transport through any intentional act BEYOND making cars. secondly the safety deregulation was lobbied for by the TRAIN CONCERNS THEMSELVES. the rest of your little diatribe makes little sense without reference. what SINGULAR trade route? where does this '4 foot of clearence' even apply? the panama canal? go talk to panama about it...and how much it would cost to widen it, same with rail, how much do you think it would cost, not just in laying rail but in buying up all the land NEEDED to put that rail and other infrastructure, passenger terminals, transport to and from terminals...you're showing yourself to be someone who doesn't actually think through your 'bright' ideas.
@agilemind6241
@agilemind6241 7 ай бұрын
@@Joe-Dead Car manufacturers are absolutely responsible for the decline in trains regulation just indirectly. Car manufacturers bought up street car networks and ripped them up to make Americans dependent on cars to get around their cities and towns (this was eventually declared illegal collusion but not till after they had done it). Car manufacturers also lobbied like crazy to build a toll-free interstate network and to keep gas tax ridiculously low in the USA which has the effect of making the American tax payer subsidize the trucking industry to the tune of billions of dollars a year. This subsidy to trucking is what made freight trains uncompetitive because the government did not subsidize railroads to match their subsidy of asphalt roads. Thus the freight train companies demanded deregulation so they could remain competitive by cutting labour costs and safety standards so not the American resident "subsidizes" the train industry with their lives and well being.
@templarknight456
@templarknight456 7 ай бұрын
@@Joe-Dead Your reading comprehension is abysmal because no where did I say to do any of those things. You jump on that because your bird brain is regurgitating car propaganda. I didn't have to say which canal because those that care would already know. If you think funding for trains is expensive think of how many cars and semis that have been on the road since they were made till now. Compared to a single locomotive that could last decades to centuries. Look at pretty much all of Europe and Asia they invested in trains because they know their value. Also the canal doesn't have to be a thing and we could just drop it off one side and then transport it to the other side with... Trains.
@mikhanch1228
@mikhanch1228 7 ай бұрын
Hey, man, I’m a truck driver and it’s pretty sweet. Just my dog and I on the road.
@DrakonErythros
@DrakonErythros 7 ай бұрын
For whatever it’s worth from some random dude on the internet, thanks for what you do. Truckers are the lifeblood of this country, and that fact seems lost on many.
@Arulane
@Arulane 7 ай бұрын
Interesting piece, thank you!
@ElmannRules
@ElmannRules 7 ай бұрын
It's also about the habit of buying local made products. Clients are used to buy cheaper products that are made in China. Can you judge them for this ? But once this was a way for some companies it was the only way to survive for all companies. I think it is a rare case that your company can survive local.
@thepeopleunderthetrees6318
@thepeopleunderthetrees6318 7 ай бұрын
The mere concept of corporations making less money is likened to reverting to hunter gathers.
@brucebennett5338
@brucebennett5338 7 ай бұрын
nice. well spoken, peter
@TheMissnola
@TheMissnola 7 ай бұрын
Him telling Costa he needs to shop somewhere else made me laugh. Hahaha.
@bradleybarnes3587
@bradleybarnes3587 7 ай бұрын
add Peter Goodman to my Audible reads, and listen to authors over pundits.
@BSinNYC
@BSinNYC 7 ай бұрын
Look up the definition of pundit; it doesn't mean what you think it means. This guy, in fact, is a pundit.
@2525foreverever
@2525foreverever 6 ай бұрын
THIS IS WHAT I’M TALKING ABOUT, THANK YOU
@vivid_oblivion
@vivid_oblivion 7 ай бұрын
Let's add a tariff to outsourced software development. Like anything else, if it's being built overseas and sold in the US the companies should pay a premium for removing American jobs for profit.
@sammymarcy6029
@sammymarcy6029 7 ай бұрын
Many American companies have stopped warehousing stock to save money on warehouse space and only restock as little as possible to operate. Lumber manufacturing businesses have also quit using drying warehouses to properly dry out sawmill lumber before milling it to its finished size causing it to warp and bow and shrink after it is used causing homes to be of less quality than we once had.
@kpkp2563
@kpkp2563 2 ай бұрын
Very nice show 💙🙏😇🤗
@patriciadean1649
@patriciadean1649 7 ай бұрын
Great conversation-thanks for the expanded understanding
@squatch545
@squatch545 7 ай бұрын
In other words, it IS about capitalism.
@WanderingExistence
@WanderingExistence 7 ай бұрын
Lol, he talks about how the problem is incorporate board meeting... And then fails to realize those board meetings are being held for the benefit of capital owners. Then he goes off on saying that the problem isn't actually capitalism. Quite comical, prefect DailyShow material.
@countryoverpartyamericaphu1673
@countryoverpartyamericaphu1673 7 ай бұрын
Didn't know Henry Ford was still alive in 2014.
@FlyingElvis1000
@FlyingElvis1000 7 ай бұрын
just noticed that one.
@tmsjones4004
@tmsjones4004 7 ай бұрын
It's hard to say 1914 when talking about today. I'll give him a pass. I really enjoyed that interview. 😂
@eric_a_
@eric_a_ 7 ай бұрын
But the wealthy can't be allowed to simply raise prices every time there are advances by the workers
@Washougalite1
@Washougalite1 7 ай бұрын
Well, they are. But it needs to be stopped
@robogramps
@robogramps 7 ай бұрын
The way things are going, pretty soon everyone will end up growing their own food.
@glitchsister
@glitchsister 7 ай бұрын
everyone with the land already is, the only people who ain't live in cities, which is where 90% of the population lives so its a catch 22
@Washougalite1
@Washougalite1 7 ай бұрын
I have a black thumb and rely on my 22 year old daughter for the garden.
@MagicNash89
@MagicNash89 7 ай бұрын
@@joehigashi3584 Many are growing FOOD, bust most nowhere near "growing THEIR OWN", not nearly enough to live on neither in terms of quantity or quality (nutrition).
@speedrunner9907
@speedrunner9907 7 ай бұрын
“Growing your own oranges is bad, california, that’s why we moved global orange grove growth largely to a little country in the middle east. Don’t hate ya hater.”
@sukn7091
@sukn7091 7 ай бұрын
Problem is local small business can’t compete with corporations.
@Porpentein
@Porpentein 7 ай бұрын
We never got out of the era of labor abuse or evironmental pollution. We just moved it to countries like China. As we look back on slavery, future generations will look back on our current system and wonder how we could stomach it.
@almostfamous791
@almostfamous791 7 ай бұрын
Its amazing what we can actually do without
@speedrunner9907
@speedrunner9907 7 ай бұрын
leadership who thinks we can’t be america self sufficient, we have to depend on these supply chains so we have to pay virtual taxes to these corporate overlords, and be under their thumbs (oh you want to protest, maybe we’ll cut back your food rations, and you don’t grow your own food)…no democracy only serfdom. your other choice is the absurdities of russia. 😂
@jenniferinman6403
@jenniferinman6403 7 ай бұрын
I've been thinking about this a lot since the pandemic and all the "jokes" everyone made about buying things online. Where is that stuff four years later? Buy buy buy, try to be better than your friends. Everyone was saving during the pandemic, now everyone is in debt again. Amazon LOVES the American people 😢😢😢, so greedy for things we don't need and not mindful of what Amazon does to get the products we buy 😢😢
@kickzip
@kickzip 7 ай бұрын
For me the really amazing thing is the effectiveness of marketing to convince American consumers that they don't need to do without anything.
@cmr053
@cmr053 7 ай бұрын
Absolutely agree! All this junk we have is not necessary.
@coreymills444
@coreymills444 7 ай бұрын
"I don't wanna try to feed my family through my own labor." I get what he's saying, but wow. I think he may have just stated the entire problem right there.
@dnpjj
@dnpjj 7 ай бұрын
Yup, it'd be like starving in Eden because you're too lazy to grab a berry or something.
@tamraprice09
@tamraprice09 7 ай бұрын
I mean, Peter broke it down so well. I was rapt!
@ramireznoy
@ramireznoy 7 ай бұрын
"I don't think it is Capitalism..." Of course it is! Maximizing profit is the holy grail of Capitalism. Anything else is just circunstantial.
@susanfrancis5471
@susanfrancis5471 7 ай бұрын
Baskin Robbins is my Favorite Ice Cream, bc I like ice cream in my ice cream.😎
@brucybabyy7355
@brucybabyy7355 7 ай бұрын
The only kind
@daviddavid5880
@daviddavid5880 7 ай бұрын
I hate management's obsession with being "lean" and "just in time". What rot. The slightest knock and the house of cards collapses. Huge risk, small gains, and the boss ain't working those overtime weekends to fix it...
@twestgard2
@twestgard2 7 ай бұрын
Growing your own food is a punchline now? JFC this country has degenerated. The quality of food you get from your own garden is so much better than what you get from the grocery that people find it hard to understand, and then hard to believe, but when they eat it, it speaks for itself.
@jenniferinman6403
@jenniferinman6403 7 ай бұрын
What if you don't have a place for a garden? Few if any living areas offer dirt for a garden. My friend who does live in a cool housing development down the street has a plot in the community garden (again, very cool), but people are always trampling her plants. She just plants herbs now after her first year of trying tomatoes and squash. There is little infrastructure for people in the US to grow their own food.😢
@AlbertGuilmont
@AlbertGuilmont 7 ай бұрын
The food that regular Americans eat is among the worst food on the planet.
@RTXBRINGER
@RTXBRINGER 7 ай бұрын
As long as american workers pay is capped on corporations greed we will never have full supply houses. I work in one! We are still waiting for a full staff.
@kcguy8864
@kcguy8864 7 ай бұрын
How th did neither one of them catch that he said 2014 instead of 1914 😆🤦‍♂️
@leward7788
@leward7788 7 ай бұрын
I always try/tried to buy American, it's become harder & harder and online buying has nearly killed the ability to find the option. It's not because I don't like other countries or whatever, but to keep people employed here and have less impact on the environment. all these dying towns could be made viable again, which means tax revenue as well. you'd think the gov't would rather that.
@Pecisk
@Pecisk 7 ай бұрын
It is hard to recognize that capitalism can't adapt or change to this, that it will choke themselves and economy if it will have to be political change. But it is encouraging people slowly putting one plus one together.
@ParadoxalDream
@ParadoxalDream 6 ай бұрын
8:18 Henry Ford raised wages in 2014? Wow he must've been as old as Biden! /s
@fowlwinds
@fowlwinds 7 ай бұрын
Did we really run out of toilet paper or did people hoard it?
@olorin4317
@olorin4317 7 ай бұрын
We’ve allowed ourselves to be enslaved by consumerism and corporate greed. Pushed on us using psychological manipulation in advertising. Now everyone is too distracted by social media to do much about it. Our attention spans literally shrinking.
@Freerob13
@Freerob13 7 ай бұрын
Wish this story was getting more coverage.
@dougrodriguez4977
@dougrodriguez4977 7 ай бұрын
Adelante la reunificacion, viva la hispanidad, viva la madre patria, viva Puerto Rico.
@michaelmccawley7281
@michaelmccawley7281 7 ай бұрын
China's exploitation of work we begged them to do does not make them an enemy, only a competitor.
@bjdefilippo447
@bjdefilippo447 7 ай бұрын
Buying local helps, but it's often more expensive, at least in terms of the costs we see. It's unfortunate that the true costs aren't easier for the consumer to see.
@speedrunner9907
@speedrunner9907 7 ай бұрын
Consumer is just gonna buy whatever is the cheapest and hiding information from them is partly the only way this works
@malteschaper3782
@malteschaper3782 7 ай бұрын
This guy would be considered a conservative social democrat in Germany. In the USA I can imagine he is widely seen as a socialist in sheep clothing...
@CybershamanX
@CybershamanX 7 ай бұрын
I LOVE having John Stewart back, but I think it's going to backfire for the show long term. Don't get me wrong, the other hosts are stellar. It's just that they all get blown away by the person who made this show legendary in the first place. 😕
@speedrunner9907
@speedrunner9907 7 ай бұрын
John just had a sit down with two women who were pro-Russia in the Ukraine slaughter and the Ukraine genocide. Putin used to serve a certain religious faction on Saturdays. I can’t help but see this. Too many not-sees running around allowing these neo-soviets to try to communize europe.
@SailingSeignior
@SailingSeignior 7 ай бұрын
Yeah
@Superbajt
@Superbajt 7 ай бұрын
Henry Ford was still alive in 2014? I guess adrenochrone really works!
@ericperez7115
@ericperez7115 7 ай бұрын
Costa sounding like Trump using foul language and not knowing grocery prices😢
@JDLeeArt
@JDLeeArt 3 ай бұрын
Globalism is important, but so is self sufficiency. We need a better balance. At the very least essential emergency items should be produced in the U.S.
@Aptster1939
@Aptster1939 7 ай бұрын
It's the shareholders the shareholders the shareholders they must have their gold. It's the law they have to do a profit.
@MattTactacan
@MattTactacan 7 ай бұрын
this guy would look great with a mustache
@enid0mom
@enid0mom 7 ай бұрын
I listened to his interview on Motley Fool.
@speedrunner9907
@speedrunner9907 7 ай бұрын
Seems an appropriate name for this neo Soviet insanity
@WanderingExistence
@WanderingExistence 7 ай бұрын
​@@speedrunner9907 🤦🤦 It's an investment (capitalist) media outlet.
@stephenharper6638
@stephenharper6638 7 ай бұрын
Is there a list or grading system of companies/products that are better? Best meaning for the long run, people and environment.
@chuathianpoh3849
@chuathianpoh3849 7 ай бұрын
… it is called comparative advantage… in international trade… to allow countries with lowest cost of production… to supply intermediate products (ie component parts)… to manufacturing companies… in order to keep cost of manufacturing low… and subsequently the final products CHEAPER … and people will buy more of these products… and more profits for the companies and their investors!
@RTXBRINGER
@RTXBRINGER 7 ай бұрын
They also can't afford their employees, when we are all publicly traded...
@gunnerysgthartman9263
@gunnerysgthartman9263 7 ай бұрын
It seems if several American corporations committed to producing their products in America and pay the employees a living wage, then the public would then purchase the products these companies produce in larger numbers because of job stability and higher wages. Americans love to shop 😂.The profits should be comparable to the money saved in foreign wages, tax exemptions, international shipping, and tariffs.
@gweejiahan9336
@gweejiahan9336 7 ай бұрын
its called margins. the company wants to make more profits, paying Americans' desired high wages to produce cheap goods like masks and gloves that you can't justify a higher MSRP eats into company profits. so many products just don't make economic sense to produce in the USA. even for goods that you can justify higher MSRPs you will hurt sales. Any manufacturing returning to USA is returning in the form of automated manufacturing which does not create as much jobs as they would if it weren't automated. its the only way the money math works out.
@erinmac4750
@erinmac4750 7 ай бұрын
​@@gweejiahan9336 Your points sound reasonable until one looks at CEO compensation. I can't think of one multinational or big industry that couldn't adapt to manufacturing here, it would just not be paying stupendous amounts of money to bloated executives, whose contributions to the process/product don't merit that, nor paying hefty dividends to shareholders. Stock buybacks to boost the company's value on Wall Street also wouldn't be a thing. Small businesses might still need some start-up help, but that could be figured in if it's a priority. Note how quickly Congress responded to assisting businesses during COVID when their own enterprises were affected. 🤔
@nathanh6439
@nathanh6439 7 ай бұрын
Most people don't even pay attention to where their products are made. They see the nearly identical $7 coffee cup and $10 coffee cup sitting next to each other. Then they save $3 by buying the PRC cup instead of the made in USA one as they don't want to spend an entire hour's pay on a coffee cup. And in many cases, there isn't even a US made version of products. We mostly do big ticket product assembly here anymore and then most of that is done by machines.
@speedrunner9907
@speedrunner9907 7 ай бұрын
except then they lose the machevellian / egyptian style control over the food rations of the populations. you control them easier when they are dependent on global supply chains. they want to control you.
@roaddawg3217
@roaddawg3217 7 ай бұрын
​@@speedrunner9907this...
@nomadicroadrat
@nomadicroadrat 7 ай бұрын
Apart from his ubiquitous ongoing "yeah" tag, Kosta's interview was surprisingly informative. Yes, low bar because of it coming from a comedian in a satirical cable show, still...
@christianstueve
@christianstueve 7 ай бұрын
This guy said capitalism isn't the problem then when on top say the people need to own the means of production.... C'mon now
@brianjennings7644
@brianjennings7644 7 ай бұрын
Sam Walton bragged about his "made in America " labels,..he was a U.S. Union Supporter..I bought the overalls.. ..when he died, his kids "maximized" their profits, by going overseas for everything. I watched them do it.
@dennisalbert6115
@dennisalbert6115 7 ай бұрын
The most important thing this man said the whole time was margins. The rest is entertainment
@jwatson9346
@jwatson9346 7 ай бұрын
Michael Kosta, I'm sure you won't read this..... but Can you please listen to how many times you say "Yeah"? You've found yourself in this surprising position where you're interviewing some very serious thinkers. Let them talk. Don't worry about filling space.
@vanjamatic3972
@vanjamatic3972 7 ай бұрын
"... rickety ..." ❤
@erickgomez7775
@erickgomez7775 7 ай бұрын
Make Things American Again... with well thought industrial policy
@AlbertGuilmont
@AlbertGuilmont 7 ай бұрын
There is no real competence left in America to do that. And people don't care, as long as there's enough s#it in some big store around the corner.
@RTXBRINGER
@RTXBRINGER 7 ай бұрын
A little off base when all we do is consume, and all we can expect is to consume more.
@patrickmuhwheeney6518
@patrickmuhwheeney6518 7 ай бұрын
I assume he meant 1914?
@dreamcoyote
@dreamcoyote 7 ай бұрын
2014 just feels like a hundred years ago..
@jtiller1223
@jtiller1223 7 ай бұрын
I feel like this is common knowledge as long as you were paying any attention during the suez Canal getting blocked. That's when you also learned we dont make baby formula in the US anymore. You'll hear people say thats why we need to bring it to America. But none of them want to do it for 3 to 5 dollars a hr. And same people dont want illegal immigrants who would do it in the country. All this to say china and india can keep these jobs.
@Radjammin
@Radjammin 7 ай бұрын
This sounds like the , there's no inflation argument from last year.
@bigcatproductions2789
@bigcatproductions2789 7 ай бұрын
Can't buy an American made baseball cap ! ?
@bridgetgear8621
@bridgetgear8621 7 ай бұрын
Bs a lot of countries in Europe have self sufficient food supplies
@jeffbingham7596
@jeffbingham7596 7 ай бұрын
During the pandemic the Evergiven ship ran aground in the Suez canal and messed up the supply chain globally for many many months.
@patrickbureau1402
@patrickbureau1402 7 ай бұрын
COUZINZ ~ For All OUR CHILDRENS FUTURE STOP - DROP & ROLL CHANGE NOW HOW YOU BUY~ PLEASE 🇨🇦
@psychotheoryx
@psychotheoryx 7 ай бұрын
"I don't want to feed my family through my own labor"? Does anyone see anything wrong with that statement?
@speedrunner9907
@speedrunner9907 7 ай бұрын
@@skystarlit3713you’re telling me the usa with the largest arible farmland in the world (basically) can’t feed itself because of…”specialization?” 😂
@SailingSeignior
@SailingSeignior 7 ай бұрын
Yes. Most people don’t want to own farmland with cows and chickens and crops. The amount of work involved with that is not how most Americans or how most people that live in industrialized countries want to spend their lives. Is that really mind boggling to you? If it is mind boggling to you then you should actually talk to farmers about the struggle of that type of living style. KZbin farmers aren’t showing you the true aspects of farming if you think farming is in any way an easy lifestyle choice.
@agilemind6241
@agilemind6241 7 ай бұрын
@@speedrunner9907 The USA can feed itself just fine in terms of calories of food per person. It just can't feed itself in terms of food diversity and availability that people are used to. The fact that someone in Wyoming can buy fresh Atlantic salmon, asparagus in November, and strawberries at Christmas at most super markets is quite absurd if you think about it.
@thomp9054
@thomp9054 7 ай бұрын
The system is working exactly as intended, How depressing
@DebraBrown-dc8vg
@DebraBrown-dc8vg 7 ай бұрын
Remember when the Panama Canal had a Blockage DUE TO EXTREME DRAUGHT ?!?! Was speaking to a Superviser at Wal-Mart 😮 Was looking for Popular Chocolates from the U.K.! But that was their response! A Blockage on the Supply Chain in the Panama Canal!?!? So She Simplify how and where Coca Beans Grow and where they were Harvest!?! I felt really IGNORANT for a Second. Then Grateful for the Lesson on Supply Chain Economics More 😉🙂
@wernerstapela4616
@wernerstapela4616 7 ай бұрын
I always miss the part of the narrative AFTER the big, bad corporations make this huge profits through exploitation (tip: they don't then burn the money). Those profits become the investments in new businesses and infrastructure, they get paid as dividends to shareholders, frequently pension funds (and thus back to consumers' pockets), they are taxed to fund government, etc. etc. It all STAYS in the economy one way or another.
@speedrunner9907
@speedrunner9907 7 ай бұрын
pension funds that get robbed, you mean? benefits that won’t be there for millennials after we paid into them? oh. corporate did nothing but sell dangerous drugs to the public (see purdue pharma).
@jonncockrell3606
@jonncockrell3606 7 ай бұрын
BS
@wernerstapela4616
@wernerstapela4616 7 ай бұрын
@@jonncockrell3606 Well reasoned!
@agilemind6241
@agilemind6241 7 ай бұрын
Nope it doesn't, not when it goes to rich executives who move it to the Bahamas to hide it from the tax authorities, or those big bad corporations use financial trickery to make 0 profit in the USA and instead have their profits occur in Ireland or another tax haven, or the rich fat cats use it to buy a vacation home in southern France. Money payed to poor people goes back into the economy, money payed to rich executives or investment brokers does not.
@wernerstapela4616
@wernerstapela4616 7 ай бұрын
@yourturn777 I think you're commenting under the wrong string, GENIUS, no one was discussing personal taxes here.
@jws9458
@jws9458 7 ай бұрын
"it's not capitalism" continues to describe capitalism. "This is how we fix it" describes communism.
@lyonellaverde3135
@lyonellaverde3135 7 ай бұрын
Goodman shows his neoliberal bias. The truth is the United States can well make a large portion of its needs. In fact, it is one of the few countries that can.
@alysonturcin-weller7443
@alysonturcin-weller7443 6 ай бұрын
How about a responsible supply chain?
@neiljeffers4746
@neiljeffers4746 7 ай бұрын
Crazy 😧
@waxipei3453
@waxipei3453 7 ай бұрын
Patience, it use to be a virtue but it has become a costly comodity. Covid required patience on the financial level
@moderatelyapathetic3280
@moderatelyapathetic3280 7 ай бұрын
He talks about regulation as a panacea but regulations were the reason why the US couldn’t get European formula into the country to ease the shortage. There needs to be regulations to protect public health and safety but there is such a thing as senseless regulation.
@croatan7984
@croatan7984 7 ай бұрын
Desi should host
@MoneyGist
@MoneyGist 7 ай бұрын
"The World" didn't run out of everything. The U.S. did.
@a.l.8618
@a.l.8618 7 ай бұрын
Who are you making rich today?
@speedrunner9907
@speedrunner9907 7 ай бұрын
Elon Musk, friends of the Russian and Chinese communist parties. I help make him rich because we don’t live in a democracy and I have no choice. hellworld. antitrust now. self governance now.
@aletamoore9983
@aletamoore9983 7 ай бұрын
The current supply chain cannot be interrupted until consumers are willing to pay $25 for flipflops from Walmart.
@RTXBRINGER
@RTXBRINGER 7 ай бұрын
cro·ny cap·i·tal·ism...some groups are winning from this, we need to find and stop them.
@needsmoretacos4807
@needsmoretacos4807 7 ай бұрын
No, it is capitalism it built into the system
@tomifost
@tomifost 7 ай бұрын
He totally avoided the question. We dont need a global trade network to feed your family. Thats the most BS argument ever.
@speedrunner9907
@speedrunner9907 7 ай бұрын
yup we all know the reality is global population control. at least the rulers and oligarchs could try to not lie so much, but then they wouldn’t be psychopaths anymore.
@justsaying14
@justsaying14 7 ай бұрын
Do you want to talk about more issues you didn't understand 🤭
@patriziacasagrande3833
@patriziacasagrande3833 7 ай бұрын
just not true, product quantiy production is controlled is order to maintain highest profits possible. its is simple to understand.
@tommcfadden5232
@tommcfadden5232 7 ай бұрын
He’s wrong. We don’t have enough long haul truck drivers because companies don’t pay long haul truck drivers enough to make the job worth doing. There’s plenty of research on this sector. Surprised he didn’t bother to read any of it.
@DarrenHwang
@DarrenHwang 7 ай бұрын
Why don't we make more here? 😂 Because... Imagine you working in a factory vs people in.. say Vietnam. Yea that's why
@MagicNash89
@MagicNash89 7 ай бұрын
Cringe when Costa said "capitalism always defeats" - so "did" socialism crush the small guy. Can't take these types of arguments seriously in 2024, we are not in 1914.
@speedrunner9907
@speedrunner9907 7 ай бұрын
can we have a new economic ism from the political simulators of our fake democracy? i’m bored with fake capitalism and fake communism.
@WanderingExistence
@WanderingExistence 7 ай бұрын
​@@speedrunner9907 I like cooperativism. Not private, not state.
@ExtremelyRadiant
@ExtremelyRadiant 7 ай бұрын
"When The World is running down, you make the BEST of what's STILL around." Sting 😊❤🌈🕊
@justincastillogayray
@justincastillogayray 7 ай бұрын
How much money does Donald make from licensing deals in China still?
@charazero
@charazero 7 ай бұрын
Watch castaway. We have fire. That is first
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