SamuKata
secondthought
secondthought

patreon


EARLY ACCESS: "The Economy" Isn't What You Think

It's that time again! We hear the term "the economy" thrown around a lot...but what does it actually mean? Turns out it's been weaponized to mean exactly what the ruling class needs it to. Hope you enjoy the episode!

(also apologies for the delay, we just brought on a new editor and had to bring them up to speed)

EARLY ACCESS: "The Economy" Isn't What You Think

Comments

Trickle Down The idea behind trickle-down economics was that the wealthy were job creators, and that by reducing taxes on the affluent, more jobs would be created, resulting in prosperity for all. Trickle-down economics was christened with an official name, supply side economics, and sold to the American people with a slogan; a rising tide lifts all boats. However, you can’t put lipstick on a pig: the system is called capitalism and it is killing people and the environment. We now know trickle-down economics was a lie, a fraudulent scheme to redistribute money from the many to a few, and a theft of the nation’s wealth. Rather than a rising tide, thirty plus years of trickle-down economics has brought us the loss of tens of millions of jobs through outsourcing, the devastation of entire cities, the financial collapse of 2008 and an ever widening income disparity and inequality between the so called job creators and the other 99% of the population. Rather than use tax breaks to create jobs and spread prosperity, the so called job creators have used tax breaks to horde money and then use this ill-gotten wealth to corrupt the government, wage imperialist wars, gain more tax benefits and spend their ill-gotten gain abroad. These so called job creators make their money through various predatory schemes such as for profit colleges, for profit prisons and the privatization of public resources, inflicting misery on millions in the process. This is the financial capitalism. They have used their illicit wealth to wage war upon the low income by influencing government and public policy to promote cuts to social security, unemployment benefits, food stamps, education and public pensions. They have decimated the public commons. They do this using the government, which they own while at the same time frothing at the lips while claiming government is bad! Trickle-down economics has resulted in the creation of new class economic predators that have used their wealth to wreak havoc on nations and inflict suffering on millions. Each time they get caught breaking the law, they buy their way out of prosecution. Their behavior by definition is sociopathic. The New Sociopathic Class While the mainstream media lauds the mega wealthy as celebrities, their wealth is not the result of being smarter or working harder, it is a result of conduct that is often malevolent, unethical and criminal. The net result of trickle-down economics has not been a rising tide which has lifted all boats. It has been the creation of a new class of sociopaths emboldened by massive amounts of money they use to wreak misery and destruction. A few examples include: https://rinf.com/alt-news/breaking-news/trickle-economics-rise-new-sociopathic-class/#google_vignette

Monsoon

Sound familiar? “The national government will maintain and defend the foundations on which the power of our nation rests. It will offer strong protection to Christianity as the very basis of our collective morality. Today Christians stand at the head of our country. We want to fill our culture again with the Christian spirit. We want to burn out all the recent immoral developments in literature, in the theatre, and in the press — in short, we want to burn out the poison of immorality which has entered into our whole life and culture as a result of LIBERAL excess during the past years.” — Adolph Hitler - Taken from The Speeches of Adolph Hitler, 1922-1939, Vol. 1, Michael Hakeem, Ph.D. (London, Oxford University Press, 1942), pp. 871-872.

Monsoon

I put the Six Important Tenets of Neoliberalism from Mirowski's 2017 book in a doc: https://docs.google.com/document/d/1Jc1FJqJsS6-wSBut6QheU8pcNWOaVa3ktjPCBIE6RlY/edit?usp=sharing

Doug Greer

I'm impressed by your research into economics... I really went down the rabbit-hole into the history of economic thought and the history of the Neoliberal Thought Collective. Have you read Philip Mirowski's work? Quinn Slobodian is one of his collaborators and I highly recommend his work. Mirowski provides the base research into Neoliberalism as a thought collective and a political project...

Doug Greer

Go join your local communist party, either PSL or CPUSA

Christopher Licameli

I joked at court that what we each produce is shit, water and carbon dioxide. Plants take these and priduce edible fruits, riits, seeds, and vegetables by combining sunlight in photosynthesis. The net result should ideally be zero. All we humans and other animals produce is consumed by plants again. Bhutan changed to measure happiness of her citizens. We could try that too. https://youtu.be/JzA-PcBUQNU?si=mLeKXR20wJ-lbMQM

Tuomas Kaikkonen

I'm hoping to engage in some organized action against the current oligarchic coup. Is this a good place to find people interested in doing so?

Eric Carlson

Excellent video, great work. 💖 Also, I really liked the slight formatting change of a personal aside for the Patreon and call to action near the beginning, then ending strong on a takeaway point and cut to black. Very affecting and memorable 💪

Kaylee Christine

Brilliant.

Suren Perera

You and me both! 😅

Andrew Bols

You good fam! 💪🏾 This Black women says take your time!

Marie Moltime

Love this! I hope I'm not the only one feeling silly that I never even thought to ask myself that question 😅 Thank you!

Rosie Matley

He's back! When I saw there was a delay, I thought there was another FBI knock on your door! Glad it's all good ❤️

Daniel C


More Creators