Renowned Marxist Economist Prabhat Patnaik: Capitalism Cannot Exist without Imperialism

[@bigmeany214]

Rania is doing some of the smartest, most educational, must-watch interviews. Thanks.

[@platosbeard4449]

Agreed 👍🏼

[@barbh1]

Yes, she is. Katie Halper, too.

[@joepaluka9031]

But not a single critical question!

[@edwinsubijano263]

@@joepaluka9031 Give an example of a critical question, please.

[@seanieg4gaza]

The Patanaiks are amazing!!! Theory of Imperialism changed my life. Thank you Rania, you’re the best!

[@jesan733]

In what way did it change your life?

[@horatioguderian4694]

The absolutely insane idea of constructing a major military defense along all of your OWN borders to keep your people IN was something that began with Communism. Only the left has to kill its people to keep millions of them from running away as soon as they possibly can.

[@edwinsubijano263]

@@jesan733 He simply found out that imperialism is nothing but theft and robbery of the poor nations by imperialist powers !!!

[@knopeace]

Thanks!

[@pratikmishra8857]

Just want to thank Rania for asking great questions, and letting Prof Patnaik speak in sufficient detail

[@horatioguderian4694]

When Lenin’s Bolsheviks took over Russia, they did exactly the same basic thing as the cargo culters in New Guinea: they set up offices and sent people out to redistribute the cargo, which we call production. And they were astonished to find that there wasn’t any production.

[@Roxrox2023]

Wow! From 🇨🇦! .. I’m speechless. Now, I get it. Everything we have, from free healthcare, to cheap items etc …. We’re still practicing imperialism . Ive known for a little while, 2 years 🤦‍♀️, but I didn’t truly understand it, until now. Haiti and 🇨🇦, make more sense now. Just bought his book and I’m excited. Thnxxxxx. 🤯🤯🤯🤯🤯

[@horatioguderian4694]

As far as Marxists can tell, things are produced and they just need to distribute it. This is insane. It is insane but it is also Marxism. The Marxism system collapsed because it never learned to produce anything.

[@dwmorris67]

I assumed this would be informative, but it was far more enlightening than I expected and in ways I hadn't anticipated. Great interview! The Patnaiks' book moved up to the top of my must-get list.

[@saptarsimondal7653]

It's absolutely mindblowing how Prof. Patnaik explains such complex things into this much clarity. David Hervey should listen to this chat to understand better what imperialism actually means rather than only reading Marx without actually extrapolating it. Prof. Richard Wolff should invite Prabhat and Utsa Patnaik for 2 hour-long discussions to let the western audience know how this imperialism actually works in the real world!

[@iracture]

that is past. done and dusted.. Now in this whole free trade thingy how to be more effective. This country to country handshake is not working well given the wars etc going on..I think hub and spoke is better option than individual country to county hand shake for trade. moreover usa has a say on how India purchases oil from Russia. Pak PM Imran apparently was outset just because he went and met Russians I think on the day war was declared on ukraine. we need more dialogues on innovative ways to trade..

[@horatioguderian4694]

The acid test of a country is whether people want to live there. Communist countries all had to have walls and millions of men to keep their people IN. America needs walls to keep people OUT.

[@dhruvgolani7608]

Best crossover of all time

[@avanish9261]

found you 🤧

[@dhruvgolani7608]

@@avanish9261 uwu

[@zainulabdin33]

1st one watching from Pakistan. Laal Salam Comrades. Brilliant work.

[@dhruvgolani7608]

Lal salaam comrade. Faiz ka mission hum karenge pura ✊

[@priyanbhattacharya15]

Revolutionary greetings Comrade

[@rasheed2091]

Lal salam from Kerala ✊🏽

[@asmaburney2028]

Lal salaam from British Columbia, Canada

[@zainulabdin33]

Laal Salam to all of you Comrades. Long Live Resistance!

[@theswordofkings7549]

First time that I've heard of Professor Pataik. Fantastic guest.👍

[@norvillerodgersspeaks]

Look up Utsa Patnaik on trade on KZbin. Also a genius.

[@horatioguderian4694]

Chernobyl occurred in Mommy Professor’s heaven.

[@jackmeoff7456]

Exploitation is a fundamental basis of capitalism.

[@brandonmiles8174]

Well, IS the foundation, essentially

[@orecreeper2128]

Not just capitalism, my guy. Exploitation is a fundamental basis of humanity. It's a part of human nature, always has been, and like it or not, will always be.

[@jackmeoff7456]

@@orecreeper2128 no, you are dead wrong there, we're social animals, we never could have got where we are if it wasn't for our capacity of empathy and cooperation. Exploitation is an anti social capitalism thing, right up there with feudalism and slavery, it's a way for the few to control the many.

[@jesan733]

Voluntary exchange on a large scale is the fundamental basis of capitalism. And we've seen that large-scale alternatives are always more coercive and exploitative.

[@kongvinter33]

you know nothing about Capitalism, you are brainwashed by the Marxist who will take your last potato and watch you starve. who is doing better? south Korea or north Korea.

[@commentariat]

Love this interview, Rania. Great job-this is public service.

[@bz7901]

Re🎉r🎉🎉really 8🎉🎉

[@eomguel9017]

Extraordinary analysis. I have studies in environmental science, but over time I have focused my attention on economics and the functioning of the global economy because I really don't see a way in which we as humanity could stop the imminent climate catastrophe that is already underway without pushing a radical shift in the whole world economic system. All the environmental initiatives popping up here and there seem like applying band aids on a patient with 3rd degree burns. It is daunting task to even try to comprehend, let alone fix the current system, because I'm afraid it is resilient AF, very much operating in auto-pilot! Most people have grown up in this self-replicating system, with trends and aspirations rooted in our collective consciousness that are very hard to stir in a different direction. I honestly don't know how or where to begin untangling this mess we're in!

[@henrirauhala4335]

All social systems are on auto-pilot to certain extent, but that's also why they inevitably must change at some point. If growing up in a feudal society meant that people couldn't quite imagine another kind of society, it didn't stop feudalism from collapsing. However, you make a good point about the economy and the environment. I recommend you to check out the latest addition in my blog (you'll find the link in my profile). That probably gives you a clearer view on the issue.

[@raymar091]

Ready for the Meteor

[@Eric-is1jt]

Miguel has it right where will it all end. It's been a nice journey the last few centuries,but something biiigggg is going to happen in the next few decades or less.

[@jesan733]

The climate disaster is due to leftists and greens refusing nuclear power. If the climate matters so much, perhaps start by fixing that? Sadly, lots of leftists just want to use the climate as a battering ram against the miracle that is democratic-capitalist institutions and their wealth generation. They don't really want to fix anything, just tear down.

[@jesan733]

@@Eric-is1jt people said that a few decades ago too.

[@indonesiamenggugat8795]

thanks , rania. best wishes from indonesia for Mr Prabhat, man of enlightenment

[@gregario888]

It all boils down to get your hands on whatever you can -- from wherever you can -- never mind how you go about it!

[@1o1s1s1i1e]

Outstanding interview! When talking about cotton and growing crops I was reminded of Winona LaDuke's discussion about growing textile hemp, and why after WWII the U.S. did away with hemp. She had to go to China for equipment to process the hemp she is growing in Minnesota.

[@samielkhayri9272]

The Netherlands had colonies all over the place. Indonesia comes to mind. Also, New York used to be New Amsterdam before the British defeated the Dutch and took over the city.

[@UnrecycleRubdish]

Netherlands is not Scandinavian

[@siddharthb2633]

This blew my mind. Didn't know this.

[@hcpunkrockhxxx9247]

I'm descendent of the Dutch Imperialistic Apartheid colonialists. They say the first multi national was the Dutch VOC (EastIndiaCompany). They were really state pirates in Indonesia/Maluku Islands/Papoea. Also Surinam (SouthAmerica) was until the late 1970s Dutch colony (slave plantations - bauxiet), The Dutch Antilles: Curacao, Aruba Bonaire they have until special status under the Kingdom of the Netherlands 🤮 The Dutch were also in SouthAfrica (APARTHEID is a Dutch word) en de Boere (Euro coloniser and Apartheid regime creators) and ofcourse NewYork (being swapped for Suriname). The Dutch were AND STILL ARE VERY POWERFUL (also in geo politics). The creators of the BILDERBERG meetings. The Dutch king and his wife are the speaking tube for UN & WEF (world economic forum aka Whealthy Demonic fascists😉).

[@jaytsecan]

Wow, what a phenomal and interesting discussion! Thank you so much!

[@norvillerodgersspeaks]

I love the Patnaiks!! Can you get Utsa to do a history of India under British rule next?

[@horatioguderian4694]

Indians would come here to study when Indian per capita income was $70 and people were dropping dead in the streets. And they had two topics of conversation: one is how superior India is as a civilization, and the other topic is how they can keep from having to go back.

[@rahelbekafa6912]

Great interview very informative thank you 🙏 I’m from Ethiopia 🇪🇹 they are destroying my country

[@brandonmiles8174]

Solidarity from the working class of the US.

[@acerrome9672]

To loot all your natural resources. meanwhile, Black people are being slaughtered in every street of usa and europe.

[@noize2sound]

*When socialists will come, they will do the same.*

[@milkiyastsegaye3047]

During the Ethiopian civil war the involvement of the imperialist powers was evident.i will go as far as saying that it was the conspiring of the imperialist west with the Arab fanatics that made the most populous nation in east Africa a landlocked nation

[@jesan733]

but worse.@@noize2sound

[@ayohilary7744]

Brilliant presentation, great questions. The professor explains complicated concepts in crystal clear language. Capitalism is vile and holds humanity back. I wish this information was more widely available to people.

[@jesan733]

Perhaps go to Venezuela, Cuba or North Korea and experience not being held back?

[@kongvinter33]

capitalism is the only thing that gives the poor a chance. but go with Marxism and stay in poverty.

[@loganlowe3731]

@@kongvinter33 Capitalism has run its course. It was always meant to be superseded by a form of Socialism (just go back and read some of the classical political economists). The neoliberal-era was a reaction from the western elite and enacted in order to discipline labor in light of all the gains received in the post-war economy (particularly collective-bargaining power). Hence the rise of global finance capital and the offshoring of industrial capital. Now the West is in a continual economic recession/spiral as a result of neoliberal policy and hegemony. Along with growing levels of inequality and absolutely bankrupt political institutions.

[@kongvinter33]

@@loganlowe3731 yeah...go and tell that to Africa and Asia, tell them they have to live in perpetual poverty, because that is what happens when poor countries adopt socialism. it can only work (socialism) if the country is rich, has resources and few people, like Norway. Uganda on the other hand, no chance. But that is what people like you do isnt it, sell socialism to the poor, like a preacher selling a cure to the sick. Capitalism is the only way out of poverty.

[@horatioguderian4694]

The entire economy of the Soviet Union, more than three hundred million white people, never produced ONE SINGLE consumer good anybody outside the USSR could put on the market! Like all leftism, Communism is just silly. No Communist state has ever survived without constant & massive help from non-Communist countries.

[@safanamakhdoomable]

Love this wise couple: Dr Utsa and Dr Prabhat - thank you so much for sharing your wealth of knowledge

[@passat135]

Just to be clear, the Scandinavian countries were also knee deep in Transatlantic slavery and did also have colonies in Africa and the Americas.

[@raymar091]

They also sold arms to almost all African right wing sponsored revolutions and coup détats

[@dumupad3-da241]

That's exaggerated, I think. The colonies were very few and small and of negligible economic importance. They did participate in the slave trade, but again, it was hardly enough to affect their economic development significantly.

[@VARMOT123]

@@dumupad3-da241 through selling minerals ?

[@jesan733]

@@dumupad3-da241exaggerations are what grievance-generating leftists live for.

[@jesan733]

@@raymar091how can you sell arms to revolutions and coup détats? Those are usually sudden and use what's available, presumably bought by the pre-existing leftists regimes then, if the revolutionary events were right-wing.

[@dawna1214]

Thank you for this conversation. I learned so much. ❤

[@iamasickman]

Such a refreshing thing to watch amidst all the current Ana Kasparian vs Aaron Mate vs Cenk Uygur vs Jimmy Dore vs Sam Seder vs etc, etc, etc, endlessly until there's no left left drama. Just a conversation actually trying to understand the world, about actual, real things.

[@dumupad3-da241]

The Syrian war, the Douma event and the subsequent bombing were very much part of the world and an actual, real thing, as was the McCarthyist smearing of people who have a different attitude to these things than the Western establishment one. Professor Patnaik is an anti-imperialist. So is Aaron Mate. Kasparian, Uygur and Seder are not.

[@horatioguderian4694]

I want you to end up with a world view that has nothing to say about Communism except that every Red State had - and has - to keep its people prisoners

[@dumupad3-da241]

Very intellectually stimulating. Professor Patnaik explains complex issues in clear and concise way, and his kind and calm manner is winning. Some further questions that come to mind as a result of this interview: How does he envision the place of the global North in a future non-imperialist world, given its dearth of resources? And how does he view the former northern socialist countries, given that they were operating under the same climatic restrictions as the capitalist West? In general, is there place for a *fair* global division of labour and what would it look like? Should the goal for leftists in the Global South be autarchy? Some recommendations to those of the West would have been useful - what agenda should they pursue and how can they avoid making the pro-people policies that they are pushing for in their own countries rely on anti-people policies in the South? Perhaps his answers can be found in longer interviews and/or in his writings. Finally, as of now, the idea of a major left/social-democratic turn by Biden doesn't seem as plausible as it may have seemed four months ago.

[@real_comrade_jb]

No offense to Soapbox but this is soooo much better! Great job Rania!

[@aliciaczechowski3281]

Capitalism takes from the poor and gives to the rich. Imperialism is how capitalism extends and enlarges itself.

[@johndavies1336]

Thanks Rania! Your questions are pedagogical, and help illuminate the mechanisms of Imperialism and Capitalism. If You live in Lebanon at the moment perhaps Your should make a program about the Israeli rogue State?

[@onlypatel8297]

Lal Salaam from India 🇮🇳 ♥️

[@mirzaalam9844]

Wow this interview was especially good. Also I've been listening to what mostly boils down to smart white people (like Wolff) talk to each other or to a camera to get an understanding of socialism and capitalism for years. This was maybe the first eye opening interview where both parties are non white and non Western and it certainly imbues it with a different angle.

[@dumupad3-da241]

I agree it was very refreshing to hear a smart leftist from the Global South, we need more of this. However, I'd say that this is a matter of nationality, not 'race'. An 'Indian American', while having the exact same physical features as Professor Patnaik, wouldn't have his perspectives and insights. Conversely, a leftist from Eastern Europe, while physically 'white', could have a perspective that is no less different from the Western one. Not that even nationality guarantees that the individual hasn't copied too many stereotypical Western perspectives! As for Rania Khalek, my impression is that her outlook in these interviews is primarily that of a Western anti-imperialist leftist (nothing especially 'non-white' about it), although she does maintain a strong connection to the her country of origin and its politics. Even in terms of physical 'whiteness', I am not proficient in the weird US race classificatory system, but I'm fairly sure that, like many people from the Levant, she could easily pass for a Greek, Italian or Spanish woman. I certainly can't imagine her being viewed as anything other than white in South-Eastern Europe.

[@celestecanyon]

​@@dumupad3-da241Doesn't the Levant have some people that can look south east European or southern spanish but aren't they much darker on the whole? Most wouldn't have been considered "white" in redneck country of "america". I believe places like the Levant and Syria were considered white countries by the American government during its whites only immigration policy though. I suppose there have been links to the rest of Europe because of its sheer proximity

[@jesan733]

Isn't it more like pseudo-intellectual white people trick pseudo-intellectual non-white people into becoming marxists and start dabbling in nonsense theories that hold them back and perpetuate poverty in their home countries? The road to prosperity is embracing and honing capitalist institutions, not making up conspiracy theory nonsense to be able to refuse them altogether.

[@knokkelknekker]

Prabhat Patnaik is totally out of his mind when he talks about vaccines. For four years, the leading experts in the world have risked their careers to warn against the mRNA vaccines, and only now is it starting to seep into the MSM, and the debates about the excess mortality, which is enormous, have both been up in the EU parliament and in, for example, the parliament in UK! A Norwegian meta-study showed that the more vaccinated there are in the individual countries, the greater the number of deaths, but all studies that go against the narrative are censored. Prabhat Patnaik and the presenter have obviously not realized that Big Pharma has infiltrated the regulatory authorities and that there is a revolving door, where even a Pfizer boss said in front of a hidden camera that those who are supposed to regulate them know that they get a top job with us afterwards, so they are not so hard on us. Disappointing that economist and the presenter have not realized that we have been exposed to a campaign. Why did they get 60 to 75 years of secrecy, why did they lie about Hydroxychloroquine working, and why did they lie about Ivermectin being a horse drug, even though everyone should know it has been sold over the counter to humans for decades. They have had as many as six exercises and analyzes from 2005 to 2021, where the exercises have contained scenarios about a Corona virus originating in China, nevertheless, Bill Gates lied that they were on unplowed ground. When a Nobel laureate like Luc Montagnier (RIP) came out and warned against the vaccines, and when the inventor of the mRNA technology, Robert Malone came out and warned, it should set off a bell. Everyone should seek out John Campell, who started by believing the Covid narrative, but who gradually realized that this was a campaign started by Bill Gates, WEF and WHO, as well as a number of other actors such as Rockefeller and Global Business Network. Even though John Campbell annoyed me at the start for his naivety, I followed him until today because as a long-time teacher he is good at communicating, he is matter-of-fact, sober, and has many good people as guests. (He has admitted that he was taught to believe everything he was told and that he was shocked to see how corrupt the system actually is)

[@pookiecatblue]

Great post, knok. Very informative for those who are still in the dark.

[@SG-dq5pj]

This was fire …. Listening to it third time!

[@willyschwarz1730]

Intelligent, cogent questions/brilliant, clear answers! We need more of both.

[@nahumflores7182]

Thank you very much for such a great program and all the knowledge shared!

[@real_lostinthefogofwar]

Great interview

[@TarigBoshra]

that is a great avenue to thinking,understand what around here and there..thanks alot for the efforts

[@BeyondFunction1]

It's been so many years since I've heard the name Andre Gunder Frank even mentioned.

[@georgesais8687]

Sorry I spelled Imperialism with a 'e'. And to say thank you for this all the way from Australia. Keep strong.

[@horatioguderian4694]

The acid test of a country is whether people want to live there. Communist countries failed that test. Apartheid South Africa passed.

[@gotmilk91]

Interesting how Prabhab Pratnaik say economics is "very ideological" whereas Ben Norton says that it's "very practical" (about profits) from businessmen's and shareholders POV, but yes politicians certainly weaponize economics and it seems the "big scare" or "red scare" is how emerging powers emulate the weaponizating of economics behavior from the West... which will give the East/"global South" more political clout in world politics.

[@rasheed2091]

I wish more people watched this

[@rameshgill1444]

Good on you , young lady , for your words is what is required in these current times off despair .You are the future .

Excellent conversation

[@vrindaphadke2432]

Simply astounding and extraordinary.

[@EurekaRepublic89]

I will not allow anyone to say Prabhat Patnaik without the title 'Sheikh'.

[@death2colonialism]

Sheikh Prabhat Patnaik?

[@EurekaRepublic89]

@@death2colonialism yes.

[@pinangsungai2116]

Because of Imperialism India lost 465 trillions to Britain when it colonized India. It is time Britain pay back to India in this pendemic period.

[@SameerGuptacatchymango]

India’s non alignment also came to a screeching halt when in the late 80s/early 90s they had to airlift gold to the Bank of England to pay spiralling debts and ensure they could continue to purchase essential commodities. Britain is a scoundrel, gangster state.

[@jesan733]

India is vastly underperforming versus e.g. China due to India's failures and unwillingness to embrace openness and strong capitalist institutions, essentially because its sticking to leftist ideas. Work on that instead of nurturing historical grievances.

[@alhassangangu4357]

Colonialism is apparent occupation and subjugation of a country. Dr. Kwame Nkrumah dubbed this current era as neo-colonialism. His book is Neocolonialism, the last stage of Imperialism. Must have

[@johnlund2036]

Great interview, I was surprised at the comments about the vaccine, etc. then I realized the video was 2 years old.

[@happyaxolotl3736]

Great interview.

[@goodwill3649]

Another quality informative program thank you again

[@kebeZmerkato]

Keep up the good work Rania.

[@antaghoreilly1806]

An an informative interview. Thank you.

[@elizabethsichinga5149]

Great interview, very informative and educative. An eye opener. Thanks

[@marjendemhare5892]

The Crusaders created the first banks and cheques. Prior to that it was Jerusalem tax system before the fall of the Temple System in 70 A.D. Then the Roman Empire acquiring the Roman Catholic (Universal) Church, taxes and tithes. Then the Dark Age, The Renaissance, Then came Industrial Revolution, and the individualism of the worker working for the industrialist.

[@gauravpawar7146]

Very informative thanks 🙏

[@Teshub]

Wonderful work, Rania!

[@Teshub]

There are bits of Marx and Lenin that need a bit of clean-up and resuscitation, Michael Perelman-style. This clip definitely hits that groove.

[@tashi1315]

Tania is a superb interviewer. Her questioning both supports and challenges her guest so that the listeners gain real depth and understanding. Rare skills. Prof Patnaik is, of course a superb guest - erudite, but accessible, clear, but never simplistic. 90 minutes of top quality brain food. Thank you so much.

[@jesan733]

@@tashi1315 perhaps challenge yourself and read Johan Norberg's: "The Capitalist Manifesto - Why the Global Free Market Will Save the World"?

[@UnrecycleRubdish]

India gets a lot of sh*t on leftist social media, but you gotta admit some of the best socialist minds come from there.

[@eshetemoges999]

Rania keep it up very important interview thanks

[@LeeeerrrroooyJennnnnkins]

Brilliant Would've been nice to included footage from the storming of the knesset, but likely too recent to make it in.. tremendous video and analysis, hoping together we shift the world towards justice and peace

[@gdeiselable]

Rania is my new hero

[@johnlund2036]

29:15 I read/listened to an article a few years back that the American internal war (1861 - 1865) was really a war between the capitalists in the north and the slave owners in the south. It wasn’t done to free the slaves, it was done to give the northern capitalists control of the south. The south at the time was very prosperous, dealt independently with foreign nations and was a source of income for the federal government.

[@pyrosardukar]

Excellent interview. You should try interviewing Ali Kadri. He's great.

[@OkennOloper]

I leave on the imperialism so one day i have planing to travel on vacation and i was on a plane to seeing every country of area in Pacific Island so very interesting because I believe i ever seen a little tiny island stay with his self i interested when i traveling in any place iin Pacific Ocean finally i see a blue light flashing from inside the water was very amazing and when i looking around every imperial country around it very interesting

[@janinetrue]

It would be great to have an update on these issues now that 2 years have passed and BRICS is rising.

[@zzzzz333-z5x]

wow what a coincidence, im halfway through their new book Capital and Imperialism!

[@taozheng4772]

Something is rotten in Denmark.

[@ashm3697]

Very good interview thanks

[@ronalddash7087]

Rania please have Michael Hudson next on your show

[@manuelmanuel9248]

Rania is eye candy

[@ZeeMann777]

well done again. & again

[@SUDHIRPARANJAPE]

Imperialist rivalry engendered two world wars; the second one with devastating consequences. Is Warfare as well as enormous waste in ever larger expenditure on armaments (investment in deaths and destruction) an inevitable component of present day imperialism?

[@jesan733]

Yes, but it's Russia and other authoritarian regimes that generates that, not democratic-capitalist countries.

[@scottdellrobinson]

Good talk

[@slammajamma5435]

Fully agree.

[@ajitokumar]

Ask Prabhat Patnaik: Where does he fit China in his Theory of Imperialism.

[@johnlund2036]

30:12 The Scandinavian countries plundered the countries below them for resources (Vikings) in the Middle Ages.

[@theresewalters1696]

Brilliant!

[@sauerkrautlanguage]

my actual life goal is to have a wife to co author a book on imperialism with 😭😭 what a legend

[@alexmc2725]

Love this! thank you comrades

[@mlynto]

This is what Marx claimed. I grew up in a communist country and had to take a Marxism classes. We were forced to learn stuff that has nothing to do with real life. Worker in that communist country made 100 times less than worker in a capitalist country for the same job. Workers were dirt poor in a socialist utopia and tried to escape to a capitalist country while we were taught that workers in a capitalist countries were suppressed and exploited, yet workers in my country hardly had anything to eat but they were not suppressed and exploited. Marxism is an idiotic ideology that only leads to misery, poverty, wars and death.

[@jesan733]

Best comment, no upvotes until mine. Says a lot.

[@iskandariacordoba]

Every single ideology is Imperialistic by default. Without exception. Every idea what's to spread.

[@philipganchev2306]

The role of unemployed people in the poor countries sounds the same as that of unemployed people in the rich countries. Namely, to lower the price of labor and coerce workers to work. I don’t see the difference.

[@IndranilFromIndia]

I dont agree with Prof Patnaik on many issues - imperialism and empires existed long before modern capitalism. It is in human nature. The three significant empires in the world today are - US, Russia and China, since these countries send troops outside their borders to another end of the world.

[@Diamat1917]

25:00 Reserve army of unemplyed and price takers concept

[@williamjackson1606]

Please distinguish colonialism from imperialism or neo colonialism.

[@SUDHIRPARANJAPE]

Great compèring!

[@yannkitson116]

Well some interesting points are brought up in relation to the Scandinavian countries and most are due to lack of knowledge misunderstood. Denmark did have colonies, and as in any other cases these colonies "belonged" to the ruling classes that also preyed on the Danish poorer classes. The lower classes in all countries has to this day no say in what their Government does and one of the best proofs of that is representational "democracy".

[@AnotherChampagneSocialist]

The whole world can live a lot better than Denmark if we move beyond capitalism. Case in point, look at China, they have high speed rails, they have a robust public housing system that keeps people off the streets, they have temporary housing that accounts for migrants who don't want to settle in one place for too long, they have state run healthcare, they have a public jobs program for people who can't find employment, they have a worker's congress in their major industries so that workers get to vote and take part in the decisions about how the companies are run. We could do all of that and we could do it better if we did away with the capitalist class and collectively ran things. Technology has come a long way since the October Revolution and we know to avoid the mistakes they made early on with Lysenkosim and other such failed policies. We can learn from what socialist nations got right and do a better job because we have the luxury of learning from history, everything isn't a new experiment this time we already know what works and what doesn't

[@johnlund2036]

1:24:32 It is my understanding that India could not get the vaccine because they refused to give the pharmaceutical companies immunity from prosecution for vaccine injury.

[@johnlund2036]

13:54 I don’t think actually answered the question of why did the northern countries actually became capitalist?

[@wftungsten]

I have a question for this old guy, and even the genius marxists in the comments. If the capitalist economy cannot function in a CLOSED system as in the temparate region (Britain) and needed resources (cotton) from third world countries (India). Would have marxism in Britain as in a CLOSED system [WITHOUT TRADE] initiated an industrial revolution comparable to contemporary history?

[@jesan733]

"Genius marxists" is an oxymoron. The premise is wrong. A capitalist economy can function in a closed temperate system. There's no reason to assume we're that dependent on tropical goods, nor cheap offshore labor. But the answer to your question is no. The reason the industrial revolution started in Europe and not e.g. China or India was capitalist institutions.

[@devil1000ish]

@@jesan733 give an example of an advanced capitalist system not involved in imperialism?

[@jesan733]

@@devil1000ishall advanced capitalist systems have been involved in charity. Thus advanced capitalist systems cannot work without charity. Is that your logic? Btw, can you list all "advanced capitalist systems", so you're clear what you're talking about?

[@devil1000ish]

@@jesan733 what are you talking about? Charity? Are we talking about imperialism and capitalism? Do you have a basic idea about how these systems work? The US and Europe (the West) are advanced capitalist nations. None of them can consolidate their economic hegemony without cheap labour from the global south in order to increase profits. They reinvest these profits through better technology, better quality,cheaper products (obtained by cheap labour too) . They exploit the raw materials from poorer nations through finance capital and sell it back after making finished products. They actively get involved in financing corrupt rulers of poorer countries who make policies like reducing tariffs and other protectionist measures in order to destroy local markets. Thus keeping them poor and exploited

[@jullietmburu9672]

​@@jesan733so, why aren't they dependent on themselves? Why export capitalism through the barrel of a gun?? If capitalists are such charitable institutions, why do they profit off unfair "foreign policies"?? Why manipulate trade in a country, only to destroy a sector of economy in that foreign country?? Why sponsor a coup if the goal is fair and mutual trade?? Just like socialism, capitalism is also tragically flawed. Capitalists use politics to advance their goals. They also use propaganda quite well. They market themselves as the bastions of honesty and growth, buy their footprints leave anything but that! Btw, science isn't limited to a capitalist's brain. The industrial revolution was carried out mainly through slavery - of their own citizens, and imported "workers" when the citizens couldn't match the labour demand. The manufactured Bengal famine was created through a very socialist core - take the food from everyone and give it to the most deserving (British soldiers). Why couldn't Britain feed its own soldiers, that millions of people died for a problem they didn't create?? Why can't Britain grow its own tea and coffee?? And who will go into the mines to get the minerals their electronics need? And which mines anyway?? I admire your passion for capitalism, but currently, it is as flawed and a failure as socialism was. Insinuating that socialists are dumb is like saying capitalists are honest. Both are not

[@philipganchev2306]

Denmark wants to consume cocoa and cannot grow it, but that by itself does not require imperialism, colonialism or exploitation of other countries.

[@brehannegewo8212]

capitalism, imperialism, feudalism, monarchism exploited globalize human as slave. Thank you Panaik for knowledge.

[@acerrome9672]

Speak about british colonialism "bristish imperialism took goods from colonized countries Free..." Basically then who where the Beneficiary of "Free Hands Out?"

[@lumpialogic8053]

👏🏽👏🏽👏🏽

[@realcomedyperrycoalmon9407]

Read Maynard and look at the explanation of the direct relationship between employment and inflation. If employment goes up so does inflation. In other words we need to keep a low flow of goods and services, this ensures poverty and subsistence living for the many. Employment would not to be kept as low as possible for as long as possible and wages would also need to be kept low. A chronically low employment class fits capitalism that can be trapped and used at will to expand or contract with the economy. Try a model of capitalism in which the low employed can leave and see what happens.

[@jesan733]

I would like to say "interesting conspiracy theory", but really, it's not interesting.

[@jullietmburu9672]

​@@jesan733why "conspiracy theory"?

[@jesan733]

@@jullietmburu9672because he (and tons of other people on the left, including Patnaik) claim that the powers that be deliberately keeps people in poverty and unemployed to somehow serve capitalism's alleged need for armies of available low-wage workers. This contrasts with e.g. the Federal Reserve System's dual mandate-pursuing the economic goals of maximum employment and price stability. So the claim is essentially that politicians and economists have a conspiracy going where they deliberately shoot for high unemployment and poverty among a significant subsection of the population in order to serve the interests of capital owners, while they're publicly saying they shoot for the opposite. This is a conspiracy theory.

[@williams.1980]

👍

[@waltermesser9737]

Marxist? Nothing else to say!

[@barakmoss1691]

11:02 this is what happened in Eritrea

[@jhaduvala]

Small scale capitalism with government regulation is not unregulated Big Money Capitalism.

[@SUDHIRPARANJAPE]

Has China shown that the imperialist apple cart can be upturned?

[@jesan733]

China has shown, again, that leftist ideas hold people back. Relative openness and capitalist institutions create wealth. India sticking to leftist ideas remains weak.