Jimmy Dore: Economist Explains Brexit, Trump and Why the World-Wide Economy is Screwed

Jimmy discusses a video of political scientist/economist Mark Blyth, Brown University, who accurately predicted Brexit and Trump explains in clear language how globalization and capitalism are failing people throughout the world and why that means more Brexits and Trumps are on the way. You will NOT need an economics degree to understand him.

Lots of signals from Europe (France, Germany, Italy, Greece...) that turbulence is ahead for the US. It's a rather jaw dropping in its facts and conclusions.

The Mark Blyth talk is the first 7 mins 30 secs. The remaining part of the video is Jimmy and his panel discussion.

Length: 16:53

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divineorder's picture

to do our usual self guided Africa budget camping thang next year. So much uncertainty....

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A truth of the nuclear age/climate change: we can no longer have endless war and survive on this planet. Oh sh*t.

Citizen Of Earth's picture

South Africa is probably fine (guessing). I'm sure the elephants and giraffes don't care who is running the world. Wink

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

divineorder's picture

One of the highest crime rates in the world, a President who took a shower after having sex with a woman with HIV and said it's all good, nah, South Africa is not fine, climate change driven drought is epic in some areas as is unemployment and inequality, but it is in better shape then many others. We also camp in Malawi and Zambia and both are having major challenges with more to follow as climate change starves millions. Question is can we sneak in one more time before here and there all go to shit.

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A truth of the nuclear age/climate change: we can no longer have endless war and survive on this planet. Oh sh*t.

I prefer calling the vultures.

Mark Blyth is spot on

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Citizen Of Earth's picture

I didn't realize the right wing nationalists were on the rise. And that sure seems to be what Trump means for the US.

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

a few days ago.

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Citizen Of Earth's picture

Freakin world is coming apart at the seams.

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

WindDancer13's picture

They may keep teachers' wages from falling through the floor, but that is about it. There is quite a furor still over the major teachers' unions endorsing HRC. One of the listservs for teachers at the college level that I read fairly regularly talks about how bad the unions currently are, particularly in regard to adjunct/contingent teachers. Those unions tend to protect the administration and those who have managed to get full-time tenure.

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We are what we repeatedly do. Excellence, then, is not an act, but a habit.--Aristotle
If there is no struggle there is no progress.--Frederick Douglass

They've lost wages, health care, pensions, tenure, control over class size and curriculum. MI stuck even more right wing jerks on the State Board of Ed and the DeVos family sent them a memo saying the lame duck in MI needs to finish the schools off. Now Trump is talking about making Betty DeVos Sec. of Education. She believes in charters and vouchers..... and the MEA and AFT is endorsing Clinton. Stupid ass people.

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"Religion is what keeps the poor from murdering the rich."--Napoleon

Lookout's picture

so far anyway. Blyth hits the nail on the head and speaks truth to power.

another powerful piece from a couple of weeks ago from richard wolff

How the oil economy helped create the 1%. Richard Wolff
https://www.youtube.com/watch?v=2ChsQAx2j6Q (19 min)

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“Until justice rolls down like water and righteousness like a mighty stream.”

Citizen Of Earth's picture

Blyth does nails it. It's got to be frustrating to smart guys like Blyth that all this is happening but the masses just have a vague feeling that something is wrong but they don't know what it is.

Thanks for that Wolff video. That answered a lot of nagging questions for me. So then we are not really bombing the shit out of the ME to 'spread democracy'.

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

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"Religion is what keeps the poor from murdering the rich."--Napoleon

gulfgal98's picture

They double down on maintaining the same leadership and same philosophy that has served their donors so well. Dash 1

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Do I hear the sound of guillotines being constructed?

“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy