It's Them vs. Us | Pt. 01
- Michael Folk
- Jul 14
- 30 min read
Bismallah Ar-Rahman Ar-Raheem - All Praises and All Thanks be to Allah Most High - -
Tuesday 12.12.23 ---------------------
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people about certain things one of the
0:15
things that I think I'm strong at is the
0:18
signs of the end of times and that's why
0:20
I never said this is the end of times
0:21
theal is almost there this and that but
0:24
I had some of my Scholars asking me do
0:26
you think this is the moment well it's
0:27
the moment and the moment can take 100
0:30
years or less what we are seeing now you
0:33
are in the midst of the FNA you are in
0:35
the midst of what the prophet sallallahu
0:37
alaihi wasallam said would happen you
0:39
are in it but you just don't see
0:41
it w this is the beginning of beginnings
0:44
and the end of the
0:45
beginning W I swear to Allah I'm not
0:49
saying the is there I'm not saying the m
0:51
is there I'm not saying it will happen
0:53
tomorrow but the the end of times they
0:57
gradually grow what you are seeing now
1:01
this is what is happening now there and
1:03
then it's the
1:05
beginning of the end of times that was
1:08
mentioned by the prophet
1:10
Muhammad how long that will be extended
1:12
for nobody
1:15
knows it is there now masks have
1:19
fallen sides have been chosen and taken
Masks have fallen
1:23
positions have been
1:24
taken and the atrocities the vulgarity
1:28
the enmity was never as clearly
1:32
expressed as it is today the absence of
1:36
Mercy the absence of even or the of
1:41
Integrity the absence of human values
1:45
are
1:45
gone at least within the political realm
1:49
they're
1:50
gone humans that live under their reign
1:55
under these authorities they still have
1:57
a lot of humanity also World watches and
2:00
organizations they have spoken their
2:02
minds the UN have spoken their minds
2:04
UNICEF has spoken their many
2:06
organizations but it's OB obvious that
2:09
the rupture between the people and what
2:11
they
2:12
want and the Pol polit polit politicians
2:16
and what they do has never been as as
2:18
big as today as severe as
2:22
today y politicians should execute what
2:25
the people want because they have been
2:26
chosen by the people and the people have
2:29
not been listened to
2:31
so you know that when you choose you
2:33
choose for
2:35
nothing politicians should be an
2:37
extension in a democratic world of the
2:40
people if millions of people demand the
2:43
ceasefire not hatred they're not
2:45
demanding for Israel not to exist
2:49
they're demanding for peace they're
2:52
saying stop killing because too many
2:54
children and women are being killed
2:57
according to Israel
2:58
86% it's according to Israel 80% 86% of
3:03
the victims are
3:07
civilians now that's let us say 8 and a
3:09
half out of
3:11
10 8 and a half out of 10 that is what
3:14
they say not what I say so these people
3:17
are dignified people that walk down the
3:19
streets and tell their politicians
3:20
please give us just a ceasefire we're
3:22
not asking for something special we're
3:24
asking please bring some medicine to
3:26
these
3:28
people legs are being
3:30
amputated in in
3:32
arms and operations are being
3:35
performed without any even without even
3:38
a painkiller we're not even talking
3:39
about necessity no
3:41
painkillers without that that's what
3:43
we're asking we're not asking give them
3:45
gold we're not asking give them silver
3:47
we're just saying give them back some
3:48
electricity and water allow them give
3:51
them time to bury their dead to mourn
3:53
them to grieve them to heal the wounded
3:57
nothing and then there is that b bias
4:00
within n the world of broadcasters that
4:05
is so ugly it's despicable the way that
4:09
they speak we speak of hostages
Wake up
5:13
there's no time to sleep there is no
5:15
time to waste there is no time to to if
5:19
you if you are not investing invested in
5:23
making this world a better world either
5:25
through yourself or taking people or or
5:28
taking people on a journey
5:30
where
5:31
they where they will contribute to the
5:33
betterment of the world and the people
5:35
living in the world regardless of their
5:37
faith then you have to start
5:40
now the bird is already flying it's very
5:43
difficult to catch it now but if you're
5:45
not a part of it w then you're a
5:47
loser W then you're a loser if you do
5:51
not contribute now and that can be at a
5:53
very very low level I'm not telling you
5:55
to change the world change yourself to
5:57
start with let me change myself my
6:00
behavior my my connection with Allah
6:02
being inspiration to people to the
6:05
people around me being inspiration teach
6:08
people take them by the hand even what
6:09
our friend is doing yeah taking the
6:12
children to the scouts that's a very
6:13
beautiful thing teach them things
6:15
because the leaders will only be as good
6:17
as their morals their standards and
6:19
their values so if you grow up where you
6:22
not have not been taught what it means
6:24
to want to become a politician to serve
6:27
the people you will serve yourself and
6:29
your friends so what we are seeing now
6:32
is the wrong people why because they
6:34
have not been educated morally they have
6:37
no spirituality they have no human
6:39
values otherwise you're not like that
6:41
regardless like if this would happen to
6:43
non-muslims we would say the same thing
6:45
I hope we would if that would happen to
6:47
nonp Palestinians we should speak our
6:49
minds as well we we have no bias in our
6:53
thinking that is when you're a human
6:54
being you look at facts you don't look
6:57
at what your ideology is telling yeah we
7:00
can allow this we can't allow that two
7:02
standards ukrainians were killed
7:04
everybody stands up people can go and
7:06
just help them take up your gun and help
7:09
the ukrainians they say but if now you
7:11
just say a word on behalf of the
7:14
Palestinians not saying go there and
7:16
fight nobody's saying that just speaking
7:18
Seas fire and from the river to the sea
7:20
is already problematic more problematic
7:23
than the thousands of children that have
7:24
died died they say
7:27
killed that's another word they use
7:30
they were killed but they died is that
7:33
dying not 120 people
7:36
died how did they die in their
7:40
sleep they were killed they were
7:42
massacred so if you're going to have a
7:44
look at it these are the end of times
7:47
where the Prophet Sall said the LIE will
7:49
be
7:50
believed and the truth will be
7:53
denied scales will be
7:56
corrupted and look at this one via
8:00
and this
8:01
is and there will come a time where the
8:04
Muslims listen to this one cannot drink
8:08
water without the permission of the one
8:12
that rules
8:14
them this was said like 1,400 years ago
8:18
there will come a time where the Muslim
8:20
can no longer drink water without the
8:21
permission of the one that rules him
8:24
look no water and everybody thinks this
8:27
is okay this is collective punishment
8:29
everybody knows this to get a few guys
8:32
in in a in a space now you're going to
8:35
cut water cut food cut
8:37
everything why should these people
8:40
suffer oh because they all they are all
8:43
agree with what the other ones have done
8:45
who told you so Collective punishment
8:48
normal no and the prophet said look and
8:51
then blood will flow flow through the
8:54
streets and everybody in the world will
8:56
see it the scholars before they didn't
9:00
know how to explain this like how can
9:01
everybody see
9:02
it only those who are close to it can
9:04
see it so how is that even possible
9:06
everybody now has seen it and they will
9:08
not change
9:11
it now like everybody in the world sees
9:15
it everybody there is not a house where
9:19
the blood of the victims has not been
9:24
shown but
Nobody seems to care
9:26
nobody nobody seems to care I mean from
9:29
those who can change something those who
9:32
can change something it's very obvious
9:35
now you have to look watch the interview
9:37
that I spoke about yesterday um what was
9:40
the name again do you
9:42
remember Mass assassination
9:45
Factory go to the Democracy Now go look
9:49
and look at the interview with a a
9:52
courageous Jewish Journal journalist in
9:54
in Jerusalem he spoke to the
9:56
intelligence service of Israel and the
9:58
Army and so forth and he was allowed to
10:00
share what he shared because that is
10:01
that is that is even the most horrifying
10:04
thing they can now say
10:07
things that clearly make it a genocide
10:11
they say it they speak it outwardly it's
10:14
out there and they just don't care
10:16
because they know that nobody will
10:17
change
10:19
anything and then they silence people
10:21
who speak the truth that's also one of
10:22
the signs of the end of times because
10:26
words are strong do you you know what
10:29
the problem is now people become afraid
10:30
to
10:31
speak and when you become afraid to
10:33
speak you make it dangerous for others
10:35
to speak but if millions of people
10:38
speak it's like one voice but now the
10:40
voices are going back I'm afraid Habibi
10:44
what are you saying are you calling to
10:45
violence you're not are you calling to
10:47
hatred you're not are you calling
10:50
towards anti-Semitism you're
10:53
not the the proof that it is a lie is
10:56
when you go to these marches the Jews
10:58
are walking with
11:01
us with their flags do you see any
11:04
Muslim being aggressive towards it no
11:07
they just walk all together they don't
11:08
have a problem Muslims W he don't have
11:10
problems with Jews they have problems
11:12
with people in
11:14
Israel who are not even allowed to have
11:16
a DNA
11:18
test because they would find out that
11:20
many of their do you know the Arabs are
11:23
semites how can you be an anti that
11:25
means that you're also against you're
11:26
also against Arabs then but a lot of
11:29
these people come from Ukraine from
11:30
Poland from
11:32
Morocco Poland Russia
11:34
bellarus Romania the ones that are in
11:37
charge there Canada so how how Semite
11:40
are you all you who are in power so it
11:43
has nothing to do with this and that's
11:45
the first thing I said remember that
11:46
video first they will tell you that
11:50
being anti-zionist is being
11:53
anti-semitic and that's not true at all
11:57
so now to come back this is the end of
11:59
times where the Prophet sallallahu
12:01
alaihi wasallam said when the hour is
12:03
near people will have intercourse in
12:07
public oh you say where is that internet
12:11
that it's even more public than the
12:13
street it's it's more public than the
12:15
street isn't it the street how many
12:17
people see you 100 on internet how many
12:19
see you
12:21
Millions
----------- ...
Everything is soaring
12:42
it has never been this expensive or
12:44
almost it's it's it's terrible you go to
12:47
ALDI if you go to ALDI or I don't know
12:49
where you go coop apparently they don't
12:51
invest in settlements and they don't buy
12:52
from them so if you just have one CH one
12:55
thing you used to go for £5 now if it's
12:58
full it's like £7,500 or more it
13:01
everything became expensive like a
13:03
coffee 3 years ago it was like 2.10 1.80
13:07
now in some places a coffee in London 44
13:10
10 for a coffee I buy a bag with that so
13:15
everything I I remember had I had my
13:17
little um croissant with with Jam I had
13:21
it for 165 now it is
13:23
250 so everything is soaring now that's
13:27
one of the end of times the prophet s
13:29
said of the end of times is that time
13:31
will go very fast at the end of times he
13:34
said the economy will be a global
13:37
economy now this is the the finances are
13:40
one now and soon you you will have no
13:42
cash Habi soon there is no Cas there's
13:45
no money anymore you you are owned
13:48
entirely you go to a shop you say can I
13:51
pay oh no cash we don't accept cash
13:54
why why it's safer they say they will
sallallah
18:27
said
18:31
the one that revives myah my way of life
18:34
my thinking the Islam the dean not just
18:36
Sunnah like some people would understand
18:38
it the dean the one who revives the dean
18:41
in times of corruption has the a of Shah
18:44
has the a of a
18:47
m and then the prophet sallallahu alaihi
18:49
wasallam said in another he said he will
18:52
have the a of 50
18:53
people they
18:57
said are 80 the AG of 50 of our likes
19:01
Allah or of their likes instead of your
Things to hold on to
19:06
likes he will have the a of
19:10
50ah so if you if you look at these
19:12
things they're not easy so that's why if
19:15
you live in times of fan there are three
19:16
things that you need to hold on to
19:18
always the prophet sallallahu alai was
19:21
was asked by
19:23
the what do you advise us then in these
19:26
times he said
19:32
remain in your
19:37
house and keep your mouth
19:42
closed and weep over your mistakes and
19:44
faults and flaws three
19:47
things and watch out and do not speak
19:51
about public matters and
19:53
Affairs because W even the news that we
19:56
get is but a portion of what is
20:00
happening so judging is very difficult
20:02
in these times because we judge through
20:05
one
20:07
lens the News broadcasting if it
Judging
20:10
wouldn't have been for for people in
20:12
Palestine sharing with us we wouldn't
20:13
have known if you wouldn't have had
20:16
these courageous journalists of who more
20:18
than 60 have been killed we would have
20:21
thought that nothing was
20:22
happening look at the news nothing is
20:24
happening I
20:26
nothing so
20:29
he
20:30
said stay in your house what does it
20:32
mean stay in your house it means also
20:35
don't look at Fan don't look at
20:38
F because today it's very easy to have
20:41
FNA in your house images that you
20:44
shouldn't be having words that you hear
20:46
in your house that you could have
20:47
prevented from being heard so stay in
20:50
your house literally means y only leave
20:52
your house when necessary when you go to
20:55
a class when you go to your job uh you
20:57
want to work work out you go to the park
20:59
with your children you want to do some
21:01
groceries and you want to shop but apart
21:04
from that don't stay
21:05
outside and then he said keep your mouth
21:08
closed and don't talk in times of FNA
21:11
the only ones who have to talk are
21:13
experts experts in their field whatever
21:16
that field may be and then he
21:19
said and weep over your mistakes
21:22
why because when it's you can be you can
21:27
die at any given time
21:29
and soon when the FNA becomes more
21:33
severe you will have no time to repent
21:35
anymore because the only thing that you
21:37
will be doing is mourning your dead and
21:40
saving your
21:41
skin and then yeah you don't have time
No time to repent
21:44
to
21:45
repent we're still in a big we can still
21:49
repent we don't have to mourn our Dead
21:51
all the time and we don't have to save
21:52
our skin at least not here literally so
21:55
that's why he said means repent
22:08
so you you repent you repent you repent
22:12
and that are the three things and then
22:13
he said don't speak about public matters
22:15
and Affairs because your judgment may be
22:18
wrong because you don't have all the
22:20
information you need to have a correct
22:22
judgment then you speak very quickly but
22:25
based on
22:26
what based on what even the things that
22:29
are being
22:31
said have shown to be untrue or
22:34
partially true partially untrue so how
22:36
are you even going to form a judgment
22:37
based on
22:39
misinformation people ask you to to give
22:41
an opinion about something but how how
22:43
can I give an opinion about something
22:45
that keeps on
22:47
changing so even that how are you going
22:49
to do this so that are the things and
22:51
that's why the prophet s
22:54
said the of a
22:56
person
23:00
and he will take place in his
23:01
possessions in his family in his
23:05
wealth that what takes it away these
23:17
F when you are tested in these things
23:20
when you are trialed in the end of times
23:22
then there are things that expiate it
23:24
that drive it away that make it melt
23:27
like snow for the burning
23:29
Sun and that
23:35
is
23:36
and recommending good and preventing
23:40
evil in word and In Deed so these things
23:44
they Safeguard you they're your Lifeline
23:47
in times of
23:48
fan so one should when fan arise
Dua and Salah
23:51
increase in these things he should or
23:54
she should increase in doing these four
23:56
matters also Dua
24:00
and and Dua like the prophet Sall
24:04
wasallam
24:12
said Allah
24:14
will G give Victory to this
24:17
um through her
24:21
weaker shackles through the week by
24:24
means of their their Dua and their Salah
24:28
so these
24:29
are your strongholds in times of
24:41
FNA they
24:44
are they are the pillars of
24:48
Escaping The Fan they are the pillars of
24:52
changing a situation and then also the
24:55
absence of the love for money the
24:58
prophet sallallah alai wasallam
25:07
said he said sallallah
25:10
alai he said the prosperity of the first
25:13
generation of this um was thanks to her
25:16
and extension of the D and her certitude
25:20
of Allah's
25:21
Know and do
26:59
gave us everything like everything you
27:01
need the problem is now knowing and not
27:04
doing is
27:06
foolishness so if you know you do so
27:10
these 10 things should now be in a part
27:13
an integral part of your
27:16
life because they will not only save you
27:20
or Safeguard you or protect you but also
27:22
the ones you
27:24
love because Allah says in the Quran
27:32
ordain command your family to pray and
27:38
be and practice patience therein we will
27:42
not ask you risk what does it even
27:44
mean it means that when you occupy
27:47
yourself in
27:48
doing and praying together with your
27:50
family we will take care of your RIS
27:56
problems
Allah will protect you
27:58
so this is why when you when you turn
28:01
your house as good as you can into a
28:03
place of worship then Allah will turn
28:05
your house into a blessed house where
28:06
risk keeps on coming and seeping through
28:09
like water into your life from where you
28:10
least expect
participant I'm not just observing the
28:43
fan oh f f before you know the f is
28:45
right in front of your door and what
28:47
will you do then you know the people in
28:49
Palestine they were educated spiritually
28:51
and they're very strong so even the
28:53
children when it happened they're
28:54
traumatized but they knew it was coming
28:58
so and they have a way of thinking even
28:59
when they're traumatized they have a way
29:01
of thinking we don't have a way of
29:03
thinking because we observe fan but we
29:06
were never really trialed at a
29:08
collective level we are trial at an
29:10
individual one but here we are
29:12
apparently we we survived so if you do
29:15
not have the ingredients for that
29:18
survival Dish N then you will have
29:22
nothing to eat so you you need you need
29:25
these ingredients to turn your life into
29:28
um into a safe Zone and if you don't
29:31
have these ingredients you will not it's
29:34
impossible that's why listen to your
29:36
prophet and take these keys to open the
29:39
door to
29:43
um safety
29:46
subhana
-------
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I don't care what ideology or ideologies you have about economics this channel has good information and ideas (good thinking) :
Second Thought
533K views
Are We Living Through The End Of An Empire? – Second Thought SUBSCRIBE HERE: http://bit.ly/2nFsvTS New video every other Friday! Follow and Support Second Thought! Twitter: https://twitter.com/...
the British Empire and her dominance of
0:31
the Seven Seas Radio Shack all of these
0:35
and more have become the stuff of Legend
0:37
each with their own stories of success
0:39
expansion and ultimately collapse unable
0:42
to Bear the weight of their inherent
0:44
contradictions but are all Empires
0:46
destined to meet this fate and the
0:48
question on everyone's mind probably
0:50
because it's the title of this video are
0:52
we living through the end of an Empire
0:55
in this episode we'll take a look at the
0:57
precarious position of the United States
0:59
and consider some historic parallels to
1:01
assess whether the US is really in
1:04
[Music]
1:10
Decline
ah Rome the Empire all other
1:27
Empires aspire to be from the
1:30
breathtaking architecture to their
1:31
lavish feasts to their penchant for
1:33
feeding people they don't like to wild
1:35
animals Rome is truly the shining
1:37
example of what other nations can only
1:38
hope to accomplish we can't really talk
1:41
about Empires or empires in Decline
1:43
without talking about the Roman one and
1:45
it just so happens that Americans from
1:47
politicians to far-right history
1:49
YouTubers love to compare the US to Rome
1:53
so is there something to this comparison
1:55
is the US the new
1:57
Rome in a lovely bit of cosmic irony the
2:01
first book of Edward gibbons's ambitious
2:03
six volume work the history of the
2:04
decline and fall of the Roman Empire was
2:06
published in
2:08
1776 on the eve of the birth of a new
2:10
Empire one that would go on to become
2:13
arguably the most powerful in history in
2:16
some ways the United States and the
2:17
Roman Empire do have a lot in common
2:20
behold their
2:22
pus my new Ro an insatiable desire for
2:25
expansion extreme inequality a globe
2:28
spanning network of influence a penchant
2:30
for chatt slavery military dominance and
2:32
decadent displays of
2:34
wealth there have been countless books
2:37
essays political diatribes and social
2:39
media posts earnestly comparing the
2:41
United States to Rome and often for good
2:44
reason both Empires were bogged down in
2:46
Endless Wars both displayed a shocking
2:49
level of wealth inequality both suffered
2:51
economic crises that commentators in
2:53
both eras were certain would spell the
2:54
final end of the golden age of
2:56
civilization and if we're being honest
2:58
both had about the same response to
3:00
disease outbreaks which is to say those
3:02
in power let a whole lot of people die
3:04
and isolated themselves as best they
3:06
could but we should also note that a lot
3:09
of the people making these comparisons
3:10
are only doing it because they have this
3:12
weird thing about mythologizing the
3:13
United States it's a very young country
3:16
comparatively speaking so what better
3:18
way to afford it a little extra Grandeur
3:20
than giving ourselves the title of the
3:21
new Rome The Shining City on a Hill the
3:24
Glorious Republic that commands the
3:26
world itself that fits very nicely into
3:29
the whole man Destiny American
3:31
exceptionalism thing we'll get back to
3:33
that towards the end of the video but
3:35
first we need to address what the end of
3:37
an Empire actually looks like
of the scale we're talking about when
5:48
looking at the process of decline it's
5:50
not a quick and dramatic
5:52
collapse these things take decades or
5:55
even centuries but the cracks are
5:57
already there and every once once in a
5:59
while a pillar
6:01
buckles the Great Depression the red
6:04
scares and mccarus pgrs 911 the 2008
6:08
financial crash and Great Recession
6:10
covid and now the handful of crises that
6:12
have been simmering for decades and are
6:14
coming to aead the climate crisis and
6:16
the collapse of us Imperial control of
6:18
the periphery we are losing ground
6:20
economically militarily and
6:22
geopolitically to China the US regime's
6:25
steadfast support for the genocide of
6:27
the Palestinian people has ensured no no
6:29
country in the third world will ever
6:31
believe our rhetoric about
6:32
self-determination and freedom again
6:34
just like that an entire generation of
6:37
Americans disabused of the myth that
6:39
we're the good guys and this is where
6:41
the usual Western analysis begins to
6:44
fail a lot of people make the mistake of
6:46
attributing crises of Empire to the
6:48
failures or excesses of individual
6:50
leaders or people or groups with
6:51
influence it's always the other team
6:54
that's making things go wrong it's Trump
6:56
on immigration and LGBT rights it's
6:59
Biden on funding endless proxy wars
7:02
while megalomaniacs or scile old
7:04
warmongers can certainly make things
7:05
worse the underlying logic of the system
7:08
in which they operate is the determining
7:10
factor in how the crises they lead us
7:12
through are handled take covid for
7:15
example I know that we will achieve
7:17
Victory and quickly return to the path
7:19
of exceptional health safety and
7:21
prosperity for all of our
7:23
citizens uh we have to get back to work
7:25
our people want to work they want to go
7:27
back they have to go back
7:30
because the United States follows a
7:32
capitalist economic philosophy the key
7:34
consideration during the pandemic was
7:36
keeping the gears of the market turning
7:38
regardless of the human toll the prime
7:40
directive of capitalism is the
7:42
accumulation of capital and if that
7:43
means we have to sacrifice low paid
7:45
workers on the altar of profit so be it
7:48
there was no meaningful difference
7:50
between Trump and Biden on this issue
7:52
despite the two leaders being
7:54
characterized as Polar Opposites by the
7:55
media class if you look beneath the
7:58
aesthetic differences between the the
7:59
two major parties if you ignore the
8:01
bombastic rhetoric and empty postering
8:03
on social issues and look strictly at
8:05
the economic base of the system we live
8:06
under it's clear that every single great
8:09
man one could point to is beholden to
8:11
the same interests and is therefore more
8:14
of a byproduct of the system than a
8:16
leader that changes
8:19
it okay so if it's not the leaders then
8:22
what makes the difference between
8:24
Empires that endure and Empires that
8:26
fall every nation and Empire in history
8:29
has faced challenges nothing exists in a
8:31
vacuum so what sets apart an Empire that
8:34
meets these challenges and one that's on
8:36
the way out in a nutshell resilience the
8:39
ability of the system to react to adapt
8:42
to and overcome the challenges they're
8:44
presented with rebuilding key
8:46
infrastructure after a natural disaster
8:48
reassessing the system after an economic
8:50
crisis to make sure it doesn't happen
8:51
again taking Swift action to protect
8:54
people from a major disease outbreak you
8:56
can probably see where I'm going with
8:57
all this take inform
8:59
infrastructure Flint Michigan still has
9:02
undrinkable water despite the government
9:04
finally promising to replace the water
9:06
lines much of New Orleans is still
9:08
destroyed or underwater 18 years after
9:10
Hurricane Katrina we have trains going
9:13
off the rails at a rate of 4.8
9:15
derailments per day many of those trains
9:17
carrying toxic chemicals as we saw
9:20
firsthand when we went to East Palestine
9:21
Ohio earlier this year the United States
9:24
is notorious for letting its
9:26
infrastructure fail and never repairing
9:28
it when it comes economic disasters
9:30
things aren't any better in the wake of
9:32
the ' 0708 financial crash and the
9:34
recession that followed nearly 10
9:36
million Americans lost their homes those
9:39
homes were snatched up by institutional
9:41
investors like Black Rock and most of
9:43
them are still held hostage on the
9:45
rental market today did the government
9:47
do anything about the conditions that
9:48
led up to this crisis not really they
9:51
gave a couple people a slap on the wrist
9:53
but the vast majority of the criminal
9:55
Executives that profited from the real
9:56
estate bubble and swindled the American
9:58
people got off scottf free and now
10:01
experts are saying it kind of looks like
10:02
there's another bubble Brewing most
10:04
Americans are worse off now than they
10:06
were in 2007 they haven't recovered and
10:09
if there is another crash things will
10:11
get even worse for even more people then
opposite waxing poetic about the
10:31
importance of the market and how valued
10:33
our Frontline workers are and then they
10:35
moved on over a million people died so
10:37
the line wouldn't go down for a bit yet
10:40
another failure of the American
10:42
Empire the United States relies on a
10:45
system that is not and can never be
10:47
resilient capitalism demands running the
10:50
leanest operation possible no safety
10:52
nets no guard rails everything delivered
10:55
at the last possible moment in the bare
10:57
minimum amount Corners cut at all levels
10:59
of Enterprise when all the reasonable
11:01
Cuts have been made then they come for
11:03
the nickels and dimes that means
11:05
stripping benefits no more pensions no
11:07
more health care no more vacation time
11:09
or parental leave it means moving from
11:11
employment to Gig work full-time hours
11:13
to peace meal contracts and all of this
11:15
is just on the domestic front those in
11:17
power don't care if they have a
11:19
pissed-off Workforce they know we have
11:21
to accept whatever job we can get or we
11:23
starve there's no choice there what they
11:25
do care about is maintaining their
11:26
geopolitical interest abroad but once
11:29
again because of the logic of capitalism
11:31
the Empire's grip is slipping when we're
11:34
the only game in town we can give
11:35
developing countries loans with
11:37
obscenely exploitative conditions we can
11:39
force them to privatize to sell off
11:41
their industry to American investors to
11:43
buy back the goods that their own
11:44
resources produced at exorbitant rates
11:47
of course the rest of the world hates us
11:49
but we don't care we're the dominant
11:51
world
11:52
power so in our arrogance we Outsource
11:54
all our manufacturing to China to cut
11:56
costs meanwhile China has been taking
11:59
The Long View thinking 5 years ahead 10
12:01
years ahead following common sense
12:03
development plans raising the standard
12:05
of living of their people building
12:06
high-tech modern cities that blow our
12:08
infrastructure and productive capacity
12:10
out of the water and then eventually
12:13
while we were busy bombing a dozen
12:15
countries at once and making enemies
12:16
around the world China extends their
12:18
hand in collaboration now there's a
12:21
second economic superpower in the mix
12:23
one that offers development Aid without
12:25
the ridiculous requirements one that
12:26
benefits all involved parties the that
12:29
looks ahead to a more connected
12:30
collaborative future and not one of
12:32
imperialist domination it's no wonder
12:34
the US is losing trade deals and
12:36
borrowers left and right there's simply
12:38
a better alternative and when a country
12:41
that has become entirely dependent on
12:43
extracting wealth from the third world
12:44
loses the ability to do so what happens
12:48
they lash out they get more violent they
12:50
start proxy wars in geostrategic
12:52
locations to try to regain the upper
12:54
hand when a more lucrative or more
12:56
strategic option becomes available they
12:58
dump their previous Lackey and leave
12:59
them to implode and be carved up by
13:01
Foreign investors there's a reason we're
13:03
looking at war with Russia over Ukraine
13:05
war with China over Taiwan and war with
13:07
the entire Arab world over Israel it's
13:10
because war is the last chance the US
13:13
Empire has to give itself a shot in the
13:15
arm and limp along for another few
13:17
decades as the dominant power will it
13:20
work we'll
13:22
see but here's the thing we really need
13:25
to internalize we now live in a time
13:27
where there is no longer anyone alive
13:29
who remembers a time before American
13:31
global dominance since World War II and
13:34
certainly since the illegal(?) dissolution
13:35
of the Soviet Union the US has had very
13:37
nearly uncontested control of the world
13:40
this has led to a perception among
-------------------
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Geopolitical Economy Report
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Political economists Radhika Desai and Michael Hudson discuss neoliberalism, and the premature predictions about its demise. You can watch other episodes of their program Geopolitical Economy...
I remember back at the end of the 1980s as the IMF and World Bank
1:15
structural adjustment programs were inflicted upon third world country after third world country each followed in
1:21
short order by IMF riots against critical food and fuel subsidies being
1:27
reversed social spending being cut joblessness Rising thanks to the
1:32
recessions induced by these very programs and a world Bank report at the
1:38
end of this period essentially admitted that the neoliberal recipe was certainly not working in restoring productive
1:45
dynamism to any economy upon which it had been inflicted I also remember the death of
1:51
neoliberalism being announced after the 1997 98 East Asian financial crisis when
1:57
the so-called committee to save the world is time magazine called it a committees allegedly consisting of Alan
2:03
Greenspan Larry Summers and RAM Emanuel who were allegedly saving the world
2:08
economy from a neoliberalism induced meltdown after the 2008 financial crisis
2:15
practically everyone was talking about the return of GES the end of neoliberalism the return of the state
2:21
why Alan greenpan of was admitting before a congressional committee that he had been partially wrong about his free
2:29
market of approach to banking that the crisis had left him in a State of Shock disbelief he said I have found a flaw I
2:37
don't know how significant or permanent it is but I have been very distressed by
2:42
this fact and he said further I made a mistake in presuming that the self-interests of organizations
2:49
specifically Banks and others were such that they were best capable of protecting their own shareholders and
2:55
the equity in the firms however even after this massive uh
3:01
sort of uh Watershed event the real story that emerged from it was as the
3:07
title of one book about the subject had it the strange nonde of
3:13
neoliberalism and today we have biomics being hailed as the final Slayer of the
3:18
Dragon of neoliberalism Clinton's labor secretary Robert Reich for an instance
3:23
thinks that Biden is about to alter the structure of the US economy in ways that help the vast majority
3:30
and that voters will give Biden another term and reward Democrats with both houses of Congress because it will have
3:36
transformed the economy in favor of the 90% And of workers and unions and yet
3:43
other columnists are praising the same actions of the Biden Administration and the same legislative actions as the best
3:50
business opportunity ever so even after all these crisis neoliberalism seems to
3:56
be if not alive and kicking at least is leading a zombie existence and refuses
4:02
to die so today we want to talk about neoliberalism what it is where it came
4:08
from and why it seems not to die and what will happen if it dies uh how will
4:14
the what will happen if it if it dies and and other such questions so Michael
well uh you've just made the point that
4:25
neoliberalism wants to make itself invisible it's like the devil if there is than devil the devil wants to say he
4:31
doesn't exist neoliberalism says inequality doesn't exist exploitation
4:37
doesn't exist and everything is quite Fair uh and what it really wants to make
4:44
invisible or actually disappear in reality is the government uh neoliberalism Advocates an economy
4:51
without government regulation with no social protection against fraud or exploitation or predatory impoverishment
4:59
no Usery laws they're against consumer protection they're against the ability of debtors to use bankruptcy which is
5:07
why Biden made sure that students could not uh wipe out their student loans uh
5:13
through bankruptcy uh to free themselves from debt so neoliberalism basically
5:18
it's it's a dynamic of economic polarization neoliberalism is a a way in
5:24
which uh they can justify why the economy is getting more and more equal
5:30
as if this is a perfectly natural thing a survival of the fittest uh and is
5:36
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