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Mark Blyth

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  • #1

    Mark Blyth

    He released a new book last year, with another guy, called Angrynomics. I'll likely pick it up and there's a small chance i'll read it. I think his book about austerity is in the same Amazon package. I'll consider it a tip for youtube entertainment.

    Anyways this is what he's known for...

    https://www.youtube.com/watch?v=JQuHSQXxsjM

    ...it's once again becoming relevant. That's just the history of 2008 crash and how EU fucked over the PIGS (Portugal, Ireland, Greece, and Spain).

    He likes to be called MMT adjacent. I like the term to a degree. I don't know if it's true, but i hope so because it would make life simpler. MMT that is.

    Anyways he spent some time looking at why Trump became a thing and how it tied to global trends. All around populism saw an sizable uptick. Right or left didn't really matter. And then what caused it. Some of it might be in that video.

    He has semi regular podcast and few lectures online. I think this is the part where i should tell you he's Scottish, talks fast and assumes you know something about the subject.

    Here's the thing i would like to live in a world where economics didn't dictate 80% of a persons destiny. I don't really like economics. But i don't live in that world. To a degree that's a lie. In my world i can fuck around and get most things i want. That's Northern Europe for you. We don't need prosperity for survival. I can be broke as fuck and still be about 80% from the wealthiest person in the country regarding life expectancy.

    I don't really have point with any of this. Give me something.

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  • #2
    just decided how I will spend the next hour

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    • #3
      apologies because this isnt entirely related to your post but every so often i think about this video i watched of a rather famous british ex banker explaining why activists should focus on becoming appallingly wealthy.

      in a nutshell, you cant change a fucking thing, standing on the corner with your cardboard sign.

      but if youre extremely flush, you can basically make anything you want happen, like elon musk style or whatever.

      and i hate to admit how much that altered my perspective / trajectory but it really kinda did.

      but yeah when we rail against the very real grossness of living in an overtly economic age and society, i remember that guy with his fucking shitty gordon gecko hair casually explaining how if you want to change the world for the better, you better chip up.

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      • #4
        Originally posted by sonatine View Post
        apologies because this isnt entirely related to your post but every so often i think about this video i watched of a rather famous british ex banker explaining why activists should focus on becoming appallingly wealthy.

        in a nutshell, you cant change a fucking thing, standing on the corner with your cardboard sign.

        but if youre extremely flush, you can basically make anything you want happen, like elon musk style or whatever.

        and i hate to admit how much that altered my perspective / trajectory but it really kinda did.

        but yeah when we rail against the very real grossness of living in an overtly economic age and society, i remember that guy with his fucking shitty gordon gecko hair casually explaining how if you want to change the world for the better, you better chip up.
        To a degree we've always lived in an overtly economic world. Economy effects all human sciences. Bad economy creates shitty consequences. Lack of upward mobility is one of those.

        I think in the first 5 minutes he gives himself as an example. He's an orphan who was raised by the welfare state and he became an IVY League professor.

        Soros is likely the best example of traditional philanthropy for social change. The problem with the model of philanthropy is that there's more wealth that's interested in protecting their own position. So far "better" inequality hasn't worked out. In part because it's a hard line to draw when you stop playing the game. When it came to making money Soros or say Gates pulled out all the stops, but in their philanthropy they play with their hands behind their back. Their opponents on the other hand are willing to do anything to win.

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