in part 1 of our interview with dr. john ralston saul he told us about the
ralston saul he told us about the
ralston saul he told us about the reasons behind the collapse of globalism
reasons behind the collapse of globalism
reasons behind the collapse of globalism hi I’m Rebecca Brayton and welcome to
hi I’m Rebecca Brayton and welcome to
hi I’m Rebecca Brayton and welcome to watchmojo.com and today in part two of
watchmojo.com and today in part two of
watchmojo.com and today in part two of our interview this world-renowned
our interview this world-renowned
our interview this world-renowned political philosopher tells us if there
political philosopher tells us if there
political philosopher tells us if there is in fact a solution to a global
is in fact a solution to a global
is in fact a solution to a global financial crisis when you’re in a
financial crisis when you’re in a
financial crisis when you’re in a difficult situation the right thing to
difficult situation the right thing to
difficult situation the right thing to do is to step back and try to understand
do is to step back and try to understand
do is to step back and try to understand the context what is the shape of the
the context what is the shape of the
the context what is the shape of the problem if you can get a handle on the
problem if you can get a handle on the
problem if you can get a handle on the real shape of the problem you can do
real shape of the problem you can do
real shape of the problem you can do something about it if you don’t step
something about it if you don’t step
something about it if you don’t step back and say okay how does trade
back and say okay how does trade
back and say okay how does trade actually work are there other ways of
actually work are there other ways of
actually work are there other ways of thinking about trade as opposed to free
thinking about trade as opposed to free
thinking about trade as opposed to free trade versus protection so maybe there
trade versus protection so maybe there
trade versus protection so maybe there are other options here maybe we have to
are other options here maybe we have to
are other options here maybe we have to think about production in a different
think about production in a different
think about production in a different way maybe actually maximizing production
way maybe actually maximizing production
way maybe actually maximizing production is not really a terribly useful thing in
is not really a terribly useful thing in
is not really a terribly useful thing in the current world system where we can
the current world system where we can
the current world system where we can create surpluses in three seconds you
create surpluses in three seconds you
create surpluses in three seconds you know Chinese can create a surplus
know Chinese can create a surplus
know Chinese can create a surplus production for anything you want so what
production for anything you want so what
production for anything you want so what is maximizing production mean we have to
is maximizing production mean we have to
is maximizing production mean we have to rethink all this stuff of course people
rethink all this stuff of course people
rethink all this stuff of course people are terrified to rethink things in the
are terrified to rethink things in the
are terrified to rethink things in the middle of a crisis but you know if you
middle of a crisis but you know if you
middle of a crisis but you know if you can’t do it in the crisis waiting to do
can’t do it in the crisis waiting to do
can’t do it in the crisis waiting to do it people who are calling for you know a
it people who are calling for you know a
it people who are calling for you know a regulated international manage money
regulated international manage money
regulated international manage money market our financial markets are right
market our financial markets are right
market our financial markets are right we need to do this we need to do this
we need to do this we need to do this
we need to do this we need to do this really fast before this we were headed
really fast before this we were headed
really fast before this we were headed for probably regionalism you’re there
for probably regionalism you’re there
for probably regionalism you’re there already all the signs of the returns of
already all the signs of the returns of
already all the signs of the returns of rather old-fashioned protectionism stuff
rather old-fashioned protectionism stuff
rather old-fashioned protectionism stuff either this crisis will actually
either this crisis will actually
either this crisis will actually accentuate the regionalism or it might
accentuate the regionalism or it might
accentuate the regionalism or it might actually lead to something different
actually lead to something different
actually lead to something different which there is the possibility of a new
which there is the possibility of a new
which there is the possibility of a new kind of internationalism some people who
kind of internationalism some people who
kind of internationalism some people who talk about global something they keep
talk about global something they keep
talk about global something they keep redefining themselves by the second
redefining themselves by the second
redefining themselves by the second globalism is a certain idea of
globalism is a certain idea of
globalism is a certain idea of deregulated international market places
deregulated international market places
deregulated international market places once you move away from that it’s no
once you move away from that it’s no
once you move away from that it’s no longer globalism it’s another form of
longer globalism it’s another form of
longer globalism it’s another form of internationalism or regionalism her
internationalism or regionalism her
internationalism or regionalism her nationalism or whatever and and you know
nationalism or whatever and and you know
nationalism or whatever and and you know we might if we were really lucky get a
we might if we were really lucky get a
we might if we were really lucky get a kind of interesting new form of
kind of interesting new form of
kind of interesting new form of internationalism because of the crisis
internationalism because of the crisis
internationalism because of the crisis the moment here where where people say
the moment here where where people say
the moment here where where people say what do you do in a crisis
what do you do in a crisis
what do you do in a crisis well some of the stuff you do is really
well some of the stuff you do is really
well some of the stuff you do is really old-fashioned you got to keep the
old-fashioned you got to keep the
old-fashioned you got to keep the economy going but that means you got to
economy going but that means you got to
economy going but that means you got to shove the money in to the places where
shove the money in to the places where
shove the money in to the places where people do things you don’t shove the
people do things you don’t shove the
people do things you don’t shove the money at the top I mean it is absolutely
money at the top I mean it is absolutely
money at the top I mean it is absolutely fascinating that people who for 30 years
fascinating that people who for 30 years
fascinating that people who for 30 years have said they represented individualism
have said they represented individualism
have said they represented individualism and competition now say the best thing
and competition now say the best thing
and competition now say the best thing to do is to shove billions of dollars in
to do is to shove billions of dollars in
to do is to shove billions of dollars in at the absolute top and hope it trickles
at the absolute top and hope it trickles
at the absolute top and hope it trickles down in other words what they’re making
down in other words what they’re making
down in other words what they’re making is the sort of 18th century aristocratic
is the sort of 18th century aristocratic
is the sort of 18th century aristocratic argument if we give money to the juice
argument if we give money to the juice
argument if we give money to the juice the Jukes will ensure that the peasants
the Jukes will ensure that the peasants
the Jukes will ensure that the peasants receive a percentage of it this is so
receive a percentage of it this is so
receive a percentage of it this is so out of it I mean so unmod earn it’s
out of it I mean so unmod earn it’s
out of it I mean so unmod earn it’s worth making fun of that to actually
worth making fun of that to actually
worth making fun of that to actually allow us to say self wait a minute why
allow us to say self wait a minute why
allow us to say self wait a minute why are we putting billions of dollars into
are we putting billions of dollars into
are we putting billions of dollars into the dot this makes no sense at all
”
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