to start you have brought the corners
of the lips
although I ‘m going to ask you for the curves 6
so well in a g in this rite bush
because I’m going to talk about economics
ok I’m going to talk about economics and we’re
suffering an attack of pessimism
economic we have been told that the huge
economic progress and we live in the
last century the increase of the
level of life that we have experienced goes
to start to slow down especially in
our country and that the next decade
a fall of prosperity is a lot
more likely than your increase
Well, I want to tell you that this
diagnosis seems to me tremendously
wrong
we are suffering but not from a
chronic disease
we are suffering the pain that accompanies
the rapid changes the pain of
adjust from an economic period to
other
it is true that the standard of living could
have gone up too fast
It is also true that the increase in
technical efficiency has been so
great that the job market has been
unable to assimilate and it is true
also that the financial system and
monetary policy has been preventing
that interests will fall at the rate
balance required depression
globally the enormous anomaly of the
unemployment a world full of needs
and the disastrous mistakes that we have
committed prevent us from seeing what is
happening under the surface of
things
the trend of things that I say that
two of the pessimistic errors that both
noise are making in the world
Contemporary will be shown wrong
in our own time
1 the pessimism of the revolutionaries
who think that everything is so bad that
Only violent change can save us
and 2
the pessimism of the conservatives who
they think that the economic balance and
social is so precarious that we can not
risk us with experiments but not
I want to talk about the present not even
of the near future
I want to leave behind thoughts of
you look short and project thinking open the
mind towards the future
what can we expect from the standard of living
economic within 100 years
what are the possibilities
of our grandchildren
since we have registered for
two thousand years before Christ until the
beginning of the modern era
there really has not been a big change in
in the civilized centers for
men who lived in the centers
civilized from the earth because then because
two main reasons
one because of the lack of progress
important technologies and the other by
the lack of capital accumulation
the absence of technical advances
important is really remarkable
most of what was important and
known at the beginning of the modern era
He was already known by our parents in
the prehistory of language
the fire the wheat the barley the same
pets that we have today in
day the leather the thread the tissues the
wine and olive the brick the
ceramics metals gold silver
tin copper copper iron bronze
all that was already good banking care
that leaves the state
mathematical astronomy
religion we do not have a record
of when do we possess those things for
first time
the modern era began in the century
16 with the accumulation of capital
fruit of the benefits and the
price increase and in turn it is fruit
treasure of gold and silver that
Spanish brought from the new to the
the old world
since then through what is called
compound interest the accumulation of
nation and took strength we enjoy
of a growth in the 18th century that was
the century of great advances
technological and from the 19th century
we went at full speed the coal the
steam electricity oil
rubber machinery production in
telecommunications series
newton darwin einstein could be
talking about technological advances
a long time but probably
I would end up stretching something but which
it is the conclusion
what is the conclusion that despite the
dramatic increase in the population to
the one that we had to provide
housing and machinery the standard of living
has risen has gone up in Europe and in
united states and the accumulation of
capital has been so brutal that now
same is a hundred times greater than in
any other time known then
it is true that these changes are so fast
of the last centuries we are
generating problems and some difficult
resolving
we are facing an illness
example of which has not been seen and heard
speak but of which today days talk about
a lot in the future
technological unemployment is the
unemployment produced by our way
to economize work much easier
that our way of finding new
uses for that job but you’re a phase
transient
I’m sure we can solve the
economic problem of the human race and
predicted that a hundred years
we can have a standard of living four u
eight times greater than the current
and that only taking into account the
current knowledge I want to say that no
It would be very strange if he were even older
but to be able to continue with my argument
let’s think only eight times
higher
you will tell me the needs of the
man are endless and well to be right
but we can divide them into two types of
needs
some the absolute needs that are
those that we need to solve or
attend
whatever the state of the people
that surround us and others the needs
on which are those not you
they go that make us feel superior in
our environment
the relative needs
indeed they are insatiable because
the higher the general level
more difficult is to overcome them but this does not
it happens with the absolute needs
may arrive a moment may arrive a
moment and much earlier than we think
in which these absolute needs
are satisfied in the sense that
let’s decide to devote our energies
for non-economic purposes
what does this mean, this means
that the problem of the needs
economic should not be the problem
principal of the human race and I predict
that in 100 years we could be in that
situation
that is, we could have solved the
problem of economic needs
or if we have not solved it
we will be with the solution within reach of
hand
this is because it’s so amazing because
always look forward
we look back we see that the
problem of economic needs
has been the first and most pressing of
the problems of the human race from its
beginning and not only of the human race but
of the biological kingdom as a whole
from the most primitive forms the
struggle for life has always been that
problem
what would happen if they solve it
that humanity would lose its objective
traditional that is because we have been
acts
so we have been designed
evolutionarily to face that
problem to the needs problem
economic if it solved moss
It would be great and yet I would not
I can but look with fear
that moment because it will require
us that we throw away a lot of
habits and a lot of customs that
we have been accused from time
immemorial immemorial
think for example of people who
can now be exemplify this
situation the rich 3 that the rich have
solved this problem
if we look at the rich to the rich class
and their behavior and day
panorama is depressing but they are
they are our vanguard they are
those who have gone ahead have lean
to the promised land for all of us
they have put their camp there and without
However, they have failed miserably
resoundingly in the problem that
has been raised
I’m sure with a little bit of
experience
we will make a better use of the gift
rediscovered from nature and
find a way to live very
different from yours
of course this does not mean
let’s go to work we’re going to need
work for a while is still
important that we start thinking about two
things one that people better
prepared for this time of
abundance will be the people who live
life intensely those who dedicate themselves
to cultivate the traditional ways of
life in a pure and simple way
these people will be the best
be prepared then we should
start doing more things for us
but we will also have to
distribute the work the bread on the
butter in the most uniform way
possible is to say the work that has
we must repeat it
in the most uniform way possible
days of three hours of work
daily or 15-hour work days
they will be able to solve the problem during
some time but look when this
happen when we are on the edge of
solve our economic problem
We can judge the value of money by
what is for what is what will happen
so then there are probably changes
in moral codes and we can
get rid of a lot of pseudo
principles that have tormented the
centuries but we can also get rid of
on top of social practices and
we have practiced
also a long century and that affect the
distribution of wealth and we can
end the system of sanctions and
economic rewards that today
we keep for very fair and unpleasant
that may be because they constitute a
very large contribution to the
capital accumulation
what will happen then when all this
it has happened then that the rich but
of course there will be people who follow
perceiving wealth for the majority
of us will have become a
kind of disgusting filial in a
psychopathic tendency or why
chase the money for the money but
there will be people who believe that the one who will have
to do what you will and until
find a substitute
well the good thing will be that these rich who
they will continue to pursue wealth and and
accumulation of power and money will be
wonderful he will be able to follow
doing it but we will not be
forced to encourage them to talk about
agreement we will not have to do the
ball that will already be a benefit but
I also want you to think that in
what will then be the problem more
great of the human race from the
beginning of its creation
the man will face his
real permanent problem that is
what to do with your freedom and do with
your freedom when you have covers
financial needs
what to do with your leisure when the
capital accumulation and science you
have released the needs
economic to think about all these people the
most of us who thinks about having
a purpose in life we have to
inquire about this idea because many
Sometimes this idea makes us project towards
the future instead of thinking about quality
of our actions and in their
immediate effect in our environment
people with purpose are looking for
a spurious immortality and project their
actions towards the future does not love its
data
loves the children of his arms not to
the children of their data to the children of
the children of your data and so on until the
end of the animal kingdom
we must begin to value again the
end above the means and the good
above the last we support
the people who can teach us to
live the day and time in a way
virtuous and we should enjoy the
simple people who simply pass
for life enjoying the lilies of
field that produce me or feel this
it will happen in 100 years
careful until then we have to
convince ourselves and all
around us that the good is bad
and that the bad is good I hope with
joy the moment can be very
closer than we think in that
there is a change never known in the
material environment of human beings
as a whole it will not happen from de
Suddenly it will happen in a gradual manner
and in fact it is already happening to happen to
that increasingly larger groups of
people and entire classes realize
that every
are less linked to the needs
economic and critical difference the
we will notice when those groups are so
great that the way we
behave with our neighbor there
changed in a natural way I say that
this will happen in a hundred years but
Meanwhile I invite you to experience
with the arts of life and with
activities with purpose
while we wait for that to arrive
moment
[Applause]
good i am javier tiff i am an actor and
what you have heard clearly
Of course not me has happened to me is
It has happened to an economist
British named John Bennet
thames and it’s part of a conference that
He delivered to you in this city in madrid
in the student residence in 1930
john maine arcais lived to see
the second world war
the one that said that to be succeeded
these changes it was paramount that
there would be a huge increase in
population nor major wars lived
to see the world war but not
lived to see how they recover their
theories at the beginning of this century
when it started to appear again
Ghost of the global crisis
good because we hails from the
scenario of the story and the one that is
famous for saying if the facts change
I change my thinking about them not
and yet here to make
listen to a speech that shows that
the ideas that were once
interesting can remain
Interesting
thank you very much
[Applause]
”
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