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Transcripts For RT Going Underground 20240714

A man lets not make this under a civic and then you marry that man. What happens to g. D. P. Before it falls and if you pollute. The luxuries that we all in the river so all these mean the only shows or things that only the only things that we pay for get included just explain the pollution yeah so when we pollute g. D. P. Nothing happens to it only once we pay someone to clean up the pollution does it change and in this case it would rise or the example of the cleaner was if someone is doing something in your house and then they keep doing it even if youre no longer paying them perhaps because you married them and they still do that the g. D. P. Was is going down whereas other services in the house for example care 2 you know really important Care Services which we know are very valuable in the kind of a more colloquial sense simply because theyre not being paid for dont go into g. D. P. This by the way something that feminists economists have been arguing for a very long time environ

Transcripts For RT Going Underground 20240714

Business and i thought to myself how can it be that weve gotten to the point where even the labor party which is about work labor doesnt you know doesnt actually have a narrative a way to talk about values collectively created and they confuse the word Wealth Creation with business because in the book you talk about Lloyd Blankfein fully of Goldman Sachs saying that your productiveness comes from organizations like Goldman Sachs its like were always told this is he of londons a little wall street you know its creates value yeah but what do you know whats interesting is that up until the 1970 s. The Financial Sector wasnt even included in g. D. P. It was actually seen as just a transfer of the existing value from one place to another kind of like you wouldnt include Social Security payments its just a transfer and before that in fact the way we would talk about finance was also in terms of rent so the classical economist talked about in terms of unearned income it literally just moving

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