Yanis Varoufakis on Jeff Bezos and Amazon

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DiEM25

DiEM25

Жыл бұрын

"200bn dollars cannot be explained by innovation, it's a kind of techno-feudalism."
DiEM25 co-founder Yanis Varoufakis on how Amazon reshapes the world to exploit workers, consumers and communities.
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#amazon #jeffbezos #capitalism

Пікірлер: 195
@ninja12lawbreaker
@ninja12lawbreaker Жыл бұрын
I have not spent a penny on amazon for 3 years and am very happy. I definitely noticed when I was on facebook years ago that subliminal advertising would take me from facebook to amazon quite often. Ditched both, very happy
@gilgamecha
@gilgamecha Жыл бұрын
That's great. But if you buy anything from any retailer you're part of the same.system. Unless you grow your own food and barter, or live in a commune.
@orwellsgoatatemyradishes4358
@orwellsgoatatemyradishes4358 Жыл бұрын
Good on you, Ninja.
@brynleytalbot778
@brynleytalbot778 Жыл бұрын
Amazon made a smart move away from retail where storing unsold inventory for minor selling items cost them money to MarketPlace where a multitude of sellers filled this inefficient use of warehouse space to Prime Delivery where they cream off the delivery charge and storage charge thereby avoiding the expense of holding their own inventory on slow moving less profitable products. Sellers are at the mercy of buyers and Amazon if they fail to meet often ridiculously high standards Amazon itself doesn’t apply on its own practices. They then motivate buyers to click Prime Delivery sellers to feed more profit into their operation. They’ve improved their buying offers by telling customers there may be cheaper providers on the MarketPlace listing behind the main page but won’t have reduced their product listings to one product instead allowing their catalog to expand with multiple listings per actual product giving vast price variability which sees buyers paying over the odds, increasing Amazon’s commissions. I once mentioned this to a rather overpaid egotist who said it was worth paying for the convenience of not physically shopping basically saying they’re paid too much and are far too important to actually go out and shop. This attitude has grown as narcissism and individualism dominate making social time more important to impress on others how great you are. No wonder the high street falters and Amazon grows. Look at all of those home delivery vans for groceries to see how lazy the socially important have become and how their number has increased. And how Amazon entered another market competing with Ocado, another fulfilment service. You’re quite right about advertising, too. Facebook admit that it’s objective is to foster discontent on its platforms pushing constant engagement thereby increasing views which have advertising. Someone famously said, in the fifties, that a successful advert made the viewer feel insufficient without purchasing the product it pushed. Multiply this feeling of insignificance a thousand times and you’ll see why society is far more depressed after the advent and proliferation of social media and its Influencers pushing lifestyles to make others feel insecure without emulating them. Social media has an intentionally dark motivation to subliminally plant inadequacy in its viewers to promote products to alleviate it, which as the more attuned know, doesn’t cure unhappiness, it merely provides a fleeting high. Social media is a conditioned dopamine hit to the notification bell of a new message. It’s the most addictive thing we’ve ever seen and wouldn’t get approved if it were a drug for general consumption, like an aspirin. That these companies power is so great and it’s applied to shift political wins shows that they have total control over our Western world. Power corrupts. Absolute power corrupts absolutely.
@gilgamecha
@gilgamecha Жыл бұрын
@@brynleytalbot778 excellent points
@joeldwest
@joeldwest Жыл бұрын
Literally billionaires of dollars of mind-manipulation research has been conducted starting in the 1980's with the neo-con transformation of American politics and business. Such research went from a few dozen at most to filling rooms with the quantity.
@IrfanAli-qp1gm
@IrfanAli-qp1gm Жыл бұрын
It's worse than paying no tax - Amazon claims tax credits to offset the 'losses' they made during lockdown. Yes, you read that right, the hapless company is unprofitable. In a way, they can be characterised as being on welfare or Universal Credit.
@breft3416
@breft3416 Жыл бұрын
More people need to hear Yanis on these matters. In the United States, the recourse would normally be government. However, the government is the biggest representative of the monied elite.
@brynleytalbot778
@brynleytalbot778 Жыл бұрын
Obama utilised this new technology to access an otherwise disenfranchised group to secure power. Trump, the Twitter King, used it to win the Presidency. Johnson, with his aide Cummings masterminding the campaign, used it to swing a Brexit ‘majority’. Johnson then employed single issue campaigning, “Get Brexit Done”, which had secured a Brexit win through social media engagement, to win a majority and become the PM. Why would politicians, in love with the sound of their own voices, silence their biggest platform to the public, and the ability to cut out the middle man, the traditional media? They’ve chosen a new Devil to work with.
@joeldwest
@joeldwest Жыл бұрын
It's also our only hope to restrain the rich.
@TheNewMediaoftheDawn
@TheNewMediaoftheDawn Жыл бұрын
Bought and paid for!
@dhu1919
@dhu1919 Жыл бұрын
Why We The People need to take back our government.
@joeldwest
@joeldwest Жыл бұрын
The government is our only tool to keep the monies elite in check. The libertarian crap will never work. We need to take the government back. Minimal government is not the answer intil all those ultra wealthy paedo-island raping bastards are gone
@davidjackson1634
@davidjackson1634 Жыл бұрын
Never shopped at Amazon and never will.
@shazamshazamshazam696
@shazamshazamshazam696 Жыл бұрын
Funny how almost no one mentions the wage suppression that enabled the concentration of wealth into so few hands. Beneath each individual fortune lies a mountain of people who were abused as employees and stayed poor and died early without health care.
@campbellpaul
@campbellpaul Жыл бұрын
Ending worlwide foreign child-slavery should be a common Western goal, as should be right-minded taxation and government spending. These are the main cracks in our ironic political culture-system.
@castorpollux3389
@castorpollux3389 Жыл бұрын
Well said.
@joeldwest
@joeldwest Жыл бұрын
You are entirely correct and those bastards should lose their ill-gotten gains.
@joeldwest
@joeldwest Жыл бұрын
@@campbellpaul Psychopaths know no shame. They do recognize a big stick however.
@davidwuhrer6704
@davidwuhrer6704 Жыл бұрын
The wage suppression is not a necessary prerequisite of the concentration if wealth. It is rather a consequence.
@DV-dt9sq
@DV-dt9sq Жыл бұрын
And then capitalists have face to say that communism or socialism are centralized!
@Ryan-xq3kl
@Ryan-xq3kl Жыл бұрын
true capitalism has never been tried
@petrosstefanidis6396
@petrosstefanidis6396 Жыл бұрын
As mentioned in Another Now, we now have the technology to predict demand. It's up to the controller of the technology to used it to serve people or to enslave them.
@gilgamecha
@gilgamecha Жыл бұрын
@@Ryan-xq3kl what?! Is that sarcasm? If so, it's pretty good. 😁
@ltmund
@ltmund Жыл бұрын
Great point. Interesting how centralised control/power is the undoing of ideology.
@PrivarisYT
@PrivarisYT Жыл бұрын
@@gilgamecha Don't blame them. This is exactly what our capitalist overlords want from their mindless followers. That's what the propaganda is for.
@ssvemuri
@ssvemuri Жыл бұрын
Well said. The fundamental problem is policy making and spending at federal level in America is completely out of hands of citizens. Yes, they are informed via cable news and twitter and news, but consume it like entertainment, with little to no say in influencing its direction. Concentration of corporate power goes on and politicians pocket money from lobbies, citizens are no where in this equation. Another glaring example is they are spending close to 100 B dollars on fighting phantoms in Ukraine, but can spare only 33 M to repair 9 bridges out of a total of 42000 damaged bridges all over the country
@ilmatanela1816
@ilmatanela1816 Жыл бұрын
Plenty of respect and esteem from Italy, Yanıs.
@MaartenFlikweert
@MaartenFlikweert Жыл бұрын
the modern economy is a prison
@fisherfriendman
@fisherfriendman Жыл бұрын
Well, as long as you have needs, you will become a willing participant in any circle that imprisons you...
@joeldwest
@joeldwest Жыл бұрын
@@fisherfriendman But at least we could demand decent living/working conditions
@fisherfriendman
@fisherfriendman Жыл бұрын
@@joeldwest I agree, and we should, but we are stuck on the hamster wheel, and continue to be until we rid ourselves of our wants and needs...
@joeldwest
@joeldwest Жыл бұрын
@@fisherfriendman Having a body means needs
@guidobrunner4819
@guidobrunner4819 Жыл бұрын
Spot on and there is a way out
@chuckbiscuits7569
@chuckbiscuits7569 Жыл бұрын
Our appetites are fed out of "fulfilment centers", that's downright Orwellian.
@davesmith826
@davesmith826 Жыл бұрын
When you add Facebook ('most fast and break things' - like democracy) and Google ('don't be evil' - except when you're harvesting people's data and selling it off to the highest bidder) to the picture, you get a very Orwellian world indeed.
@brynleytalbot778
@brynleytalbot778 Жыл бұрын
Think of Winston changing the narrative to fit Big Brother and how fact checkers perform that role but also maintain a narrative of allegiance to whoever deems the fact a fact or fallacy.
@shahlabadel8628
@shahlabadel8628 Жыл бұрын
well-said.
@Martinit0
@Martinit0 Жыл бұрын
Amazon hasn't even the cheapest offer most of the time. People need to step out and do the work and compare offers (or be smart and use price comparison sites).
@edvanders6705
@edvanders6705 Жыл бұрын
DiEM25 needs to make more KZbin Shorts.
@joeldwest
@joeldwest Жыл бұрын
I like both the longer and shorts
@rohlay00
@rohlay00 Жыл бұрын
​@@joeldwest yes but unfortunately the attention span of the masses is 7 seconds, so it would be a wise move for greater reach
@flymakena
@flymakena Жыл бұрын
We gotta rise up,enough already!
@campbellpaul
@campbellpaul Жыл бұрын
As far as corporate taxation goes, Amazon can't be singled out... Nor can the monopolies of Big Tech be reduced to private sales alone for physical product when data collecting by algorithms not only intrudes into private lives but also physically manages every single person by *legally acquired governance* as people have lost access to petition such control.
@cgas7344
@cgas7344 Жыл бұрын
I will share a true story with all, My daughter was born early april 2022..day 3 of our miracle childs birth i had a package delivered via courier to our home from Amazon addressed to my daughter with the correct spelling...i opened the package and there was a discount gift card in it!!! I or my wife have never ever used Amazon in our lives as we will not subcribe to them....confronted the hosiptal about weather Amazon have links to their birth records and they denied this at point blank! This will always be a mystery to us but i can only think they over reach there boundries and are down right invasive to all man kind
@z4n045
@z4n045 Жыл бұрын
This seems very strange, are you sure it was amazon who sent that?
@cgas7344
@cgas7344 Жыл бұрын
@@z4n045 100% sure
@rammrras9683
@rammrras9683 Жыл бұрын
People can send gift cards via Amazon, was maybe one of your friends ?
@z4n045
@z4n045 Жыл бұрын
@@rammrras9683 i thought that too
@fredcarson2791
@fredcarson2791 Жыл бұрын
Yes, these giant dinosaur corporations need to be broken up.
@kittykatja5961
@kittykatja5961 11 ай бұрын
I am guilty of buying from Amazon. But found that they were no cheaper than anywhere else, and in some cases much dearer, then you have to take in delivery charges. Only found two occasions when item was as described, sizes on the whole are a nightmare. I don't just think it's Amazon, any online shopping has its pros and cons. I have recently decided to actually get off my a--e and go to shop in stores, although I now only buy when its needed.
@nataanda2486
@nataanda2486 Жыл бұрын
please tell us how we can mob amazon
@johanngm6846
@johanngm6846 Жыл бұрын
When too much is not enough
@dimitrimoliavko-visotzky381
@dimitrimoliavko-visotzky381 Жыл бұрын
Nobody gives a hoot about him being smart. He is a king that owns everything and people are stupid because they let it happen.
@maximme
@maximme Жыл бұрын
and we complain about Russia Oligarch as if its a Russian creation....
@djtan3313
@djtan3313 Жыл бұрын
It’s become a mathematical trap of numbers. Strong as gravity. As inevitable. But manmade.
@JorgePetraglia2009
@JorgePetraglia2009 Жыл бұрын
The main reason because Bezos can have so much money and power is clearly because he sells ANYTHING that we consume these days (wouldn't be surprised that Amazon is selling groceries and deliver them as well). It is a good idea, considering the COVID thing we all had to endure, since most of us have to stay home . The big deal is : who prepares and deliver these products?. Didn't these people have to isolate themselves as anybody else, or are they immune to that bug?. That brings us to the primary question ; are some of us so disposable, as much as slaves in the past and sadly in the present ?. In the end is all about making money,and getting political power taking advantage of the "less fortunate". Nothing new about this crap, we all need a new kind of system and I don't envy the coming generations, they have a huge task ahead, if we don't blow up us all soon, that is. Yanis, you are good amigo. Greetings from Toronto.
@jackierogers566
@jackierogers566 3 күн бұрын
Greetings from Greece
@johank1061
@johank1061 Жыл бұрын
Multinationals pay almost no taxes also. Ridge people pay no tax in Monaco, kayman Island, Andorra.
@fastsavannah7684
@fastsavannah7684 Жыл бұрын
What are your thoughts on the mega pharmaceutical crimes (both for our health and trust in our governments)? If I may ask.
@joeldwest
@joeldwest Жыл бұрын
Many of such bad actors need to spend many years in prison.
@fastsavannah7684
@fastsavannah7684 Жыл бұрын
@@joeldwest That's what I think, but I'm not in a position to even ask for that.
@marcosolegariobaezlopez6615
@marcosolegariobaezlopez6615 11 ай бұрын
WHAT IF Amazon, Google, Microsoft didn't exist? Would the world be better?
@catherinecasey9716
@catherinecasey9716 Жыл бұрын
What would he be without the comprehensive postal system to sell his books in the first place. We are all owed.
@davidwuhrer6704
@davidwuhrer6704 Жыл бұрын
The postal system is not a private monopoly.
@farrider3339
@farrider3339 Жыл бұрын
Absolutely right Mr.Varoufakis, I claim ! How to bring Bezos to the negotiation-table ? That's the question ! ONLY WAY - 7 days total global boycott on AMAZON goods. Sorry, I don't chave time now to develop dezz further ~
@GhostOnTheHalfShell
@GhostOnTheHalfShell Жыл бұрын
I think of more precisely as manorialism. A complete, self sufficient, or complete estate. Feudalism addressed military defense and managerial delegation, manorialism more the entirely of economic self sufficiency. We’re sandwiched in a layer cake of them. Food, media, healthcare, online, and of course financial peonage no one can escape from.
@codyvandal2860
@codyvandal2860 11 ай бұрын
well said
@cristianhugomunozcampos3450
@cristianhugomunozcampos3450 Жыл бұрын
👏 Bravo 👏
@LionPaw.Rastafan
@LionPaw.Rastafan Жыл бұрын
Shouldnt our elected representatives be the ones acting on behalf of the people to govern and regulate these corporations? Have i got that back to front? Facilitate and promote them you say?
@fisherfriendman
@fisherfriendman Жыл бұрын
Many of our elected representatives benefit as owners/ shareholders of corporations that need regulation. It's hard to regulate their own income stream, isn't it?
@breft3416
@breft3416 Жыл бұрын
The question is who does our government represent? And it isn't the bottom 95%, no matter how well off you are financially. The gap between millionaire and those approaching billionaire status and up is enormous. Our government represents the ultra wealthy.
@missflorafactory
@missflorafactory 4 күн бұрын
Noble ideas like enough and sufficient need to be valued again. Extra greed needs to be limited Democratically.
@mickbrown8249
@mickbrown8249 Жыл бұрын
Yanis 😊
@derblindesanchez7250
@derblindesanchez7250 Жыл бұрын
Thank you for this statement.
@rutrem09
@rutrem09 Жыл бұрын
I can proudly say, never bought a single thing thing over Amazon.
@jesselivermore4318
@jesselivermore4318 Жыл бұрын
great.
@selfiekroos1777
@selfiekroos1777 Жыл бұрын
I still go to the store
@stephens1950
@stephens1950 Жыл бұрын
The USA dealt with this before with Oil and the Railroads. We should not accept this concentration of tech.
@kevinguyan522
@kevinguyan522 Жыл бұрын
The GHG’s of Amazon are actually LESS than traditional retail, as the # of useless Retail Square footage has a HUGE cost that Amazon has eradicated…..not that I love Amazon, but everyones anger is misguided.
@gilgamecha
@gilgamecha Жыл бұрын
Concentration of capital is not new. Exploitation is not a necessary consequence either - Bezos could afford to provide better working conditions. There are other factors that need looking at. Globalised consumerism and the role of China. These are more the root causes. The cost-minimising pressure of global consumerism is what created the Bezos-China axis and that in turn created the runaway concentration of capital. We have not seen global capitalism reaching into everything like this before. The closest parallels are the Pax Brittanica and the Pax Americana. But digital velocity and digital permeation, digital ubiquity, mean this is a step change. Who will step forward to deal with these new global "trusts"? There is a brief window of time where they are mostly confined to America and a rogue American president (Trump? Sanders?) could tame them, with sufficient will. But they will very soon escape entirely from any national jurisdiction. Then there will be just global capital in alliance with global buisness, to the detriment of all workers (and that means anyone making less than half a million dollars a year, not just the old proletariat). I think the best parallel is the Opium Wars. Except not just China but the whole world has been hooked on this drug of consumption, consumerism, and not just the British Empire but a trans-national, non-national global "trust" of capital and business is coming into being to maximally exploit the consumer-workers. Maybe 200 years later than Marx predicted, we are approaching his predicted global end point of capitalism, an end point that was delayed two centuries by the interjection of nationalist wars and ideological wars between the capitalist and (later) state-capitalist nations.
@DV-dt9sq
@DV-dt9sq Жыл бұрын
@gilgamecha: Exploitation is woven into the capitalism - it is its nature. Workers do not share profit with Bezos and alike! That is why capitalism is exploitative and a class system.
@gilgamecha
@gilgamecha Жыл бұрын
@@DV-dt9sq yeah in the technical Marxist definition of exploitation (which I think is one of the flimsiest arguments in Marxism, embarrassingly so). But not in the normal meaning as Yanis is using it in this video. In the normal meaning Bezos could easily afford more humane conditions for everyone in his supply chain, even the Chinese parts of it. The reason he can't is very simple: global consumers. That's *us*. Capitalists don't wear black top hats and twiddle their moustaches. The people driving the exploitation are consumers trying to save $0.25.
@davidwuhrer6704
@davidwuhrer6704 Жыл бұрын
It's nothing new, but as Varoufakis points out, something used to be done about it in the past. It was in the mid-seventies that the meme that governments should be run like businesses began to spread. By the early 1980s people began demanding that the government should get out of the business of government. There is no Amazon-China axis. The USA began to transform their economy in 1917, during WW2 it became centered around the military for maximum profit, and with the 1980s the manufacturing base was outsourced. The 1990s saw a brief growth of the USA's economy thanks to the internet, and Amazon was part of that. Amazon has nothing to do with manufacturing having been moved to China, and China has its own home-grown alternatives to Amazon, thus keeping Amazon out of their domestic market in which Amazon is not good enough to compete. That most consumer products are produced in China is not a result of global consumerism, it is a result of China having a solid and growing manufacturing base while the rest of the world is following the ideology of financialisation, of cutting costs at any price. The Opium Wars are not an apt analogy at all. They were also not about what you seem to think they were about.
@nohisocitutampoc2789
@nohisocitutampoc2789 Жыл бұрын
Amén.
@emmanuelboakye1124
@emmanuelboakye1124 Жыл бұрын
👍👍
@MaartenFlikweert
@MaartenFlikweert Жыл бұрын
they dont pay taxes
@Rubylove48
@Rubylove48 Жыл бұрын
I would laugh so hard if yanis dropped a skincare regime.
@joeldwest
@joeldwest Жыл бұрын
That's an American mind fuck.
@simonebrady05
@simonebrady05 Жыл бұрын
Fabulous skin
@stuarthdoblin
@stuarthdoblin Жыл бұрын
0045+ Video Edit? At that moment?
@claudermiller
@claudermiller Жыл бұрын
Amazon is the Sears Catalogue of the 21st century. Maybe we'll talk about Amazon one day like we talk about the Sears Tower.
@davidm0508
@davidm0508 Жыл бұрын
Damn it.
@nocommentnoname1111
@nocommentnoname1111 Жыл бұрын
This allegation that corporations pay no taxes is incorrect. Yes, they are entitled to a lot of write offs, but the shareholders pay taxes on dividends and also pay taxes on capital gains upon sale of their shares.
@Hazara26
@Hazara26 Жыл бұрын
That is the reason I don't invest in these companies stocks. Because the more people invest in these companies the more these companies become powerful and then buy their competitors and kill the competition. And then they have the power to control your life, job and food. But foolish people who want to make money invest their money in these companies for 5% to 10% return. Same goes for inflation. When you go to any stores and especially to grocery store and you see they increased the price then buy only what is selling less or eat only potatoes so their produce rot and and make them to loss. But again I say people are idiots.
@Max-ht9hf
@Max-ht9hf Жыл бұрын
"When the people shall have nothing more to eat, they will eat the rich." - Jean-Jacques Rousseau
@mariettestabel275
@mariettestabel275 10 ай бұрын
Hope this filosofer was not a cannibal 🤣
@stuarthdoblin
@stuarthdoblin Жыл бұрын
Let the global postal services supplant Amazon with their own public postal exchange website and out compete private -capital.
@davidwuhrer6704
@davidwuhrer6704 Жыл бұрын
Amazon is not in the shipping and delivery business, they outsource that to the global postal services. The only way I see to supplant Amazon is by becoming old-school and devising a decentralised network protocol for buying and selling, something like what FastTrack is or used to be for file sharing. Integrate that with GNU-Taler or the Chinese digital wallet where appropriate, and that should do it.
@liammelia6843
@liammelia6843 11 ай бұрын
Very good points actually and I was expecting to disagree
@iwwy1
@iwwy1 11 ай бұрын
Amazon is either in trouble or it is a scam. Twice I purchased something which didn't meet my expectations. Seller Chinese refunded me right away. But since I have shipped it late they kept the money. And they changed the refund window by one month after Christmas. So I stopped buying from them. And I hear their expansion was put on hold. Hopefully they will go out of business
@afpseb4582
@afpseb4582 3 ай бұрын
That's brave new world brazil total recall
@MaartenFlikweert
@MaartenFlikweert Жыл бұрын
panopticon
@Phantomselbst
@Phantomselbst Жыл бұрын
Varoufakis should rule the United Federation of Planets.
@qake2021
@qake2021 Жыл бұрын
👏👏👏😃😃😃😃😃👌👌👌
@maync1
@maync1 6 ай бұрын
Exploitation may be one thing, the other is that these and other people of that wealth have the power the influence politics greatly with their money. Where would Biden be without it? Where would Trump be without it? The same sort of people support either even though the individuals may be different. The question is are these people qualified to direct politics? Is that what the people at large want? Or are we all dumbed down to silence?
@alxx1378
@alxx1378 Жыл бұрын
Never bought anything from Amazon. I'm happy.
@djtan3313
@djtan3313 11 ай бұрын
Update: Now he’s even bought over nasa!
@AndyJWalsh
@AndyJWalsh Жыл бұрын
For a possible solution take a look at 'Gary's Economics.'
@blindstagehand
@blindstagehand Жыл бұрын
Always worthwhile, I reference Gary at the end of this: ~~ Capitalist Democracy! Voting with ballots is for suckers, voting with money is a much better idea. Don't fund the industry, fund the individual and the individuals will fund the industry, a demand driven economy. "The People are The Government" is a simple definition of Democracy; it is about equality and voice, it is a flat democracy because participants are equally funded and is achieved with Conditional Basic Income in a Congressional Crowd Fund. "The Economy is The Congress" is a truth; it is about diversity and opportunity, it is a parabolic democracy because wealth is distributed unevenly and is achieved with Unconditional Basic Income. All this is paid for by a 1% transaction tax on goods and services, that over time could render all other taxes obsolete. Money based democracy is a Political Filter that has many advantages over ballot based deomcracy; it is non-binary, dynamic, periodic, forgiving, altruistic, responsive, immediate, diverse and eliminates many causes of corruption. In it's simplest terms, all tax revenue in a period is divided equally into each Citizen's Crowd Fund Account, and Politicians run Campaigns in the Congressional Crowd Fund the citizens buy into. It is only democratic when everyone has an equal amount of money to vote with. Ballot based voting is a political filter that leads to strong leadership. Money based voting is a political filter that leads to democratic decision making. Together they make a powerful combination. Apart, they are not as powerful as together. The Congressional Crowd Fund politically adehers to three principles of Democracy; Everyone has an equal vote/amount of money, Participation is not obligitory, and the way that you vote is Private. If someone does not participate in a period, the value of the participants' vote is proportionally increased. Peoples privicy is theirs alone to make public, although in certain circumstances, greater transparency may be desired or required. The Congressional Crowd Fund could be introduced as a filter gradually by applying it to Foreign Aid. Foreign aid campaigns advertise in the Crowd Fund and the Citizens fund these campaigns on a monthly basis. Campaigns would be required to provide accountability through the Blog and Accounts section their campaign, they would need to maintain credibility because a Citizen can always change their mind next time round. When you vote with money, it becomes clear the Crowd Fund is a managed micro economy. This is why I say The Economy is The Congress. Dental care is arguably not covered by the NHS in England. It is far better in this case to fund the individual rather than the industry. When I was 7 I got a filling on the NHS, not because I needed one, but because that was how the dentist got paid,.. nuts! Much better give the individual some money so they can just pay the Dentist when they need to see the Dentist. Is the Dental industry in any trouble? No, because it's private. This is why UBI is parabolically democratic in a real economy. Emergency services such as A&E, Defence, Fire, Police and fundamental services like central banking, foreign affairs, civil service and justice do need to be managed at a national level with strong leadership and solid mandate. Issues such as infrastructure, rail, road, energy, big national projects that require alot of money, and some aspects of law, should be proposed and presented in a Congressional Crowd Fund, if not for full but partial funding. It's amazing how many propositions could be mitigated by simply saying "Start a campaign in the Crowd Fund, and see who buys into it?" for example: 'Give mothers £8k to stay home with children' (Telegraph 2022.10.23) I say decide that democratically in the Crowd Fund by seeing who buys into it. Being able to start a Congressional Crowd Fund Campaign is something any citizen can do. Issues such as bin collection, education, general health (seeing a doctor, physiotherapy, mental health, teeth etc), housing and nourishment, the need for a mobile phone, keeping yourself clothed, socialising, fitness, should be individual choices, funded by UBI in partenership with private enterprise. These are decisions individuals should make for themselves. If you want a Ferrari, you could theoretically start a campaign in the crowd fund, but I think you would soon see it was democratically unlikely, and you're going to have to do something about it yourself. However in reality... the Crowd Fund is essencially altruistic, has to have some benefit to the community, but above all Democratic through equal funding. The People are The Government. So, thankyou, that's my idea for a Capitalist Democracy, I would love to know your thoughts. * AI, Technological Unemployment & UBI kzbin.info/www/bejne/eYHVlmCtq6tpjq8 * Gary Stevenson: kzbin.info/www/bejne/aZLLfWt3l9utmKs * Sir Humphrey Politics, Sir Humphrey Economics, Sir Humphrey Democracy A Very British Democracy | Yes, Prime Minister | BBC Comedy Greats kzbin.info/www/bejne/rqvJf3h8Zcpgr5Y kzbin.info/www/bejne/gJ_Rm4xuZ5iYY9k * Tom Seeley: Honeybee Democracy: kzbin.info/www/bejne/gJ_Rm4xuZ5iYY9k * Harvard Professor Lawrence Lessig makes the case that our democracy has become corrupt with money, leading to inequality that means only 0.02% of the United States population actually determines who's in power. Lessig says that this fundamental breakdown of the democratic system must be fixed before we will ever be able to address major challenges like climate change, social security, and student debt. This is not the most important problem, it's just the first problem. kzbin.info/www/bejne/hnvcaamKqptpqqd6CC 2
@binsarm9026
@binsarm9026 7 ай бұрын
i think "techno-feudalism" is a bit of a reach, trying to oppose capitalism by giving it a different name won't change the effectiveness of the opposition. his comparison of Amazon being NOT a market doesn't really hold - yes, you "walk into a Walmart that owns everything that you see" - but there ARE options, granted Amazon has taken hold of the "market" like Microsoft did with Windows, but there are alternatives like e-Bay and globally many more too.
@JimMork
@JimMork 9 ай бұрын
His company emptied my retirement funds. I was so naive.
@mariettestabel275
@mariettestabel275 8 ай бұрын
Who do you mean? .
@jasbindersingh2441
@jasbindersingh2441 Жыл бұрын
^^^they pay zero pc corporate tax^^^ so what ?why does the rotten tax exist anyway ? At the end of the day . If bezos or any company director wants to personally benefit for the cash their company makes they have to pay somekind of tax _dividend / income etc....corporation tax is unnecessary
@davidwuhrer6704
@davidwuhrer6704 Жыл бұрын
Money is created by governments. Money has value because of governments. Taxes are what gives money its value.
@jge123
@jge123 Жыл бұрын
He looks to have come from the same planet as mr. Spock.
@stvn0378
@stvn0378 7 ай бұрын
Tyranny
@suzanneharris8339
@suzanneharris8339 Жыл бұрын
"The days of immunity & impunity are over." From your lips to God's ears & ours. 👆
@user-wl2xl5hm7k
@user-wl2xl5hm7k Жыл бұрын
Can all in left-YT please start educating everyone about both the: (1) difference between right-authoritarian vs. right-libertarian; & (2) difference between left-authoritarian vs left-libertarian? It’s long overdue. People aren’t cattle or sheep: They will understand if we educate them. Though we need to educate (& learn) about all the nuance.
@Rubylove48
@Rubylove48 Жыл бұрын
No.
@Ryan-xq3kl
@Ryan-xq3kl Жыл бұрын
can the left start educating? no they can indoctrinate though.
@user-wl2xl5hm7k
@user-wl2xl5hm7k Жыл бұрын
@@Ryan-xq3kl Hope it’s not that bad
@Alexed.w
@Alexed.w Жыл бұрын
Right libertarianism and left authoritarianism are right authoritarianism but with extra steps. Left libertarianism is the enlightenment+ 200 years of progress in social sciences, there you go.
@flymakena
@flymakena Жыл бұрын
People don't care, blissfully unaware.
@Cinepobrefilmfestival
@Cinepobrefilmfestival Жыл бұрын
and Jeff will repent and mend his ways LOL
@FilippoBelacchi
@FilippoBelacchi Жыл бұрын
holw words lost in the wind that nobody cares about to hear or to understand.
@coheng1496
@coheng1496 Жыл бұрын
Shit he is the tennis olayer als3
@_Nyx_Raven_
@_Nyx_Raven_ Жыл бұрын
common varoufakis L, even tho I think his party is the best in parliament in Greece, he isn't any radical anti-capitalist. And this shows it here , he says "Jeff Bezos deserves to be rich but not 200 billion + dollars richer" why does he think Jeff Bezos deserves to even be rich let alone anyone deserving to be rich, because he is smart and innovative??? Is he pandering to centre-right and right wing viewers or am I missing something, who even says this at the centre-left space where he fits in
@lahabitaciondelatrapado4621
@lahabitaciondelatrapado4621 Жыл бұрын
They are substituting workers for machines. So soon he'll be so evik that he will even exploit the machines.... 🙄
@anti_hero321
@anti_hero321 Жыл бұрын
Jeff bezos ? U mean LEX Luthor...
@starnejme6902
@starnejme6902 Жыл бұрын
President Donald Trump had wanted to change things.
@CBT5777
@CBT5777 Жыл бұрын
He had 4 years.
@adaptercrash
@adaptercrash Жыл бұрын
Oddball stuff
@coheng1496
@coheng1496 Жыл бұрын
Smart greeks got out when they saw this guy coming
@davidwuhrer6704
@davidwuhrer6704 Жыл бұрын
What?
@mariettestabel275
@mariettestabel275 Жыл бұрын
?? That's not Smart . 🌍 I'm glad we have this brave honest Man. High IQ and EQ 👈
@mikedonnarumma5337
@mikedonnarumma5337 Жыл бұрын
Just a lot of talk, goes nowhere
@snarkyboojum
@snarkyboojum Жыл бұрын
And not even very accurate talk. Overly simplistic analysis and doesn’t propose a solution.
@globalcitizen6309
@globalcitizen6309 Жыл бұрын
It would if people would understand and act!
@frankslegers2522
@frankslegers2522 Жыл бұрын
M. Varoufakis, don't you think that it's time for politics of realism and necessity and quit the path of political ideology, like socialism, the left or capitalism, the right and switch over to political parties based on sectors of activity ? In my country, the Netherlands, we have a lady called Caroline Van der Plas, who founded the BBB which stands for Farmer Citizen Movement (translated from the dutch) and represents for me the political branche of the agricultural sector. Because of a different threat, automation, robotisation and, of course, artificial intelligence, we have to defend our only tool to have a life and that is maintaining a profession. It's stupid to be hypermodern but completely useless.
@zetsugp8192
@zetsugp8192 Жыл бұрын
evil (good) jeff bezos
@skinnymoonbob
@skinnymoonbob Жыл бұрын
What happened to the Greek cultivation of art and science as a distinguished culture? Look forward and set an example to the world. 🫶🏼
@davidwuhrer6704
@davidwuhrer6704 Жыл бұрын
Austerity happened.
@ThunderAppeal
@ThunderAppeal Жыл бұрын
'Techno fuedalism'. Indeed. Here in NYC many of the 'big' business' that have been around our area and the surrounding states are holding their own against the likes of amazon. But I have to admit that I use amazon often and reluctantly because often times it has what I'm looking for. Before there was amazon there was walmart which was notorious for decimating the small business landscape across america as well as giving big shopping malls a run for their money. When I start thinking about it trying to dissect it I try to put together some kind of functional alternative, or a what if scenario if amazon or walmart never existed and how could they have been prevented or at least marginalized. I often think that small business was the solution, but even small business' want to become big(or at least bigger). No but bezos and sam walton getting richer in their sleep, or more specifically exponentially richer in their sleep is indeed putting it nicely suspicious. Part of the reason amazons aws has made so much money is because the cia is one of their biggest customer, or more specifically the US federal gov is 50% of their business. So theres 50% of your answer right there. Amazons technology helps US gov expand its reach far more efficiently. So the next time anyone wonders why many gov around the world 'feel like they have been bought by the US', that should give you a little insight.
@balintg
@balintg Жыл бұрын
en.wikipedia.org/wiki/List_of_largest_employers
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