Talk to Al Jazeera - Jeffrey Sachs: 'That's not a free market, that's a game'

KillerWhaleSFl Says:

Dec 10, 2011 - Smart guy, I can see why hes not too popular with the ruling class

theindiekidable Says:

Dec 10, 2011 - Shouldn't it be the failure of the financial system, and the collapse of the government? Because it was the financial industry who failed, and then expected everyone else to pay for their profligacy. Unless, as some have suggested, that the financial industry are using this depression to force governments to privatise, cut regulation and taxes and force down wages so they can make even more money and completely and utterly dominate 'democratic' institutions. Whatever else: Fuck the bankers.

theindiekidable Says:

Dec 10, 2011 - The dumbest thing somebody can say is that taxes on the rich discourage entrepreneurs- most entrepreneurs are poor and just want their businesses/inventions to be successes for much as pride as an increase in earning. The Scandinavians have no shortage on entrepreneurs - it's usually mono/dualistic corporations that prevent the best ideas from being the success they should be. And if you look a lot entrepreneurs - their biggest problem is getting loans to support small- and medium-businesses

Louielounge Says:

Dec 10, 2011 - More thoughts on Sachs. Sachs is performing an ideological function, which is to say, he is providing a schema of historical perception from which we are supposed to discern contemporary problems and his proposed solutions. While there is some reason to look at today's problems as rooted in 30 years of this-and-that, such a perspective OVERLOOKS the Bush Administrations war-making, phony and deadly, and how that war-making was built INTO the oil-banking system, which collapsed in 2008.

tbohman1331 Says:

Dec 10, 2011 - This guy is fake... He is related to goldman dont be fooled!

WilhelmDrake Says:

Dec 10, 2011 - Sachs is a vile opportunist who should be shunned by all.Do NOT listen to him.

Emelec18 Says:

Dec 10, 2011 - Sachs is a boss.

JuanVoyce Says:

Dec 10, 2011 - Sachs for President.

Icix1 Says:

Dec 10, 2011 - IMF is part of the problem. Their money is used to buy out land and property for the large corporations. The real problem is that every single political institution is corrupted by the banking industry. There's not a country that isn't enslaved to the banking industry.

rgoodwinau Says:

Dec 10, 2011 - Talking more sense that most politicians who are making the big decisions.It seems to me that the financial system has been made increasingly unstable by the series of short-term band-aid solutions for over 30 years.

allgoo19 Says:

Dec 10, 2011 - "we just need a "cut spending" or "tax breaks" slogan type of solution. That is what our dummied down populace will understand...."You forgot to add "End the Fed" argument.

TripleSpeak Says:

Dec 10, 2011 - Al Jazeera & The Real News are the best out there for in-depth interviews. Thanks much.

rootcause123 Says:

Dec 11, 2011 - Yes, look what happened to Tesla's work. He devised clean free energy but his funder pulled the rug out from under him because he wanted to go on charging the rest of us for electricity. There is a group now working on getting Tesla's work released from the hands of the government.

FreiheitKampfer Says:

Dec 11, 2011 - Please promote critical, intelligent dialogue. This interview is a series of strawmen arguments which are not relevant.

allgoo19 Says:

Dec 11, 2011 - "Please promote critical, intelligent dialogue. This interview is a series of strawmen arguments which are not relevant..'===Which part was "Strawmen" argument?

allgoo19 Says:

Dec 12, 2011 - "Please promote critical, intelligent dialogue."Hello?No reply?You can't make an intelligent dialogue yourself?

radiationtest Says:

Dec 12, 2011 - interesting

ferfolster Says:

Dec 13, 2011 - My only problem with him is his thinking that this system can work and be stable. It's weird him bringing up a solution which already proved to be a failure, social-democracy.

theindiekidable Says:

Dec 14, 2011 - Just like free-market capitalism, the bankers and their nomenklature have perverted social democracy to their own ends. If we had a genuine free market we would not be in this problem, if we had a genuine social democracy, we would not be in this problem. What we have is a bunch of crooks gambling away money in highly-profitable, but highly risky financial products. They win, they take the profits. They lose they bankrupt countries because they expect to be bailed out.

cabeeno Says:

Dec 14, 2011 - I hardly think that its the dumbest thing somebody can say! The potential to earn profit influences entrepreneurship. fact. I'm sure if you asked most business people why they get out of bed in the morning, very few would say "pride"! I don't discount some of what you're saying but, I'm sorry, its all about the cash!

yanikv Says:

Dec 14, 2011 - this guys heart is in the right place but he is speaking nonsense. he states that the earnings of the median male worker or "man in the middle of the income distribution" have stalled because their education and skills havent been adequate. What a load of "common sensical" crap! I know plenty of college educated people of many disciplines (engineering, business, biology, and chemistry) who are either unemployed and looking for a decent job or underemployed.

theindiekidable Says:

Dec 16, 2011 - Only sociopaths and psychopaths value life in dollars.

cheesemule Says:

Jan 10, 2012 - It hasn't proved to be a failure. Just look at OECD reports on happiest countries - the one's at the top of the list are always social democracies like Sweden, Denmark, Finland and Norway. Australia is up there a lot also. These countries all have lower unemployment than America, not as much - and they have free health care.The U.S on the other hand, ranks highest in childhood obesity and very high, among developed countries, in childhood poverty.

cheesemule Says:

Jan 10, 2012 - I'm not saying social democracy is the best system. But it's just not true that it has proven to be a failure.