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Russell Brand.........



pastafarian

Well-known member
Sep 4, 2011
11,902
Sussex
I know Russell Brand wants an end to capitalism in all its forms but can someone please explain to me what economic system Russell Brand has put forward as a replacement for capitalism.

cheers!
 




rogersix

Well-known member
Jan 18, 2014
7,904
I know Russell Brand wants an end to capitalism in all its forms but can someone please explain to me what economic system Russell Brand has put forward as a replacement for capitalism.

cheers!

i can't speak for mr. brand, but how about regulating capitalism :eek: as a start point,
like they used to in the old days :thumbsup:
 


aolstudios

Well-known member
Nov 30, 2011
4,530
brighton
i can't speak for mr. brand, but how about regulating capitalism :eek: as a start point,
like they used to in the old days :thumbsup:

Good point. Financial deregulation is very new, in the scheme of things & for almost all of us has been absolutely f***ing disastrous
 








vegster

Sanity Clause
May 5, 2008
27,897
The latest wheeze is to identify trades as they are made and using even faster connections to arbitrage them before they are completed to make very small gains, which are multiplied millions of times. Ker-ching

Yes heard about this a couple of years back, very clever.
 


El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
39,713
Pattknull med Haksprut
According to Brand the proceeds "will go to creating social enterprises that are not for profit" and that "represent an alternative to some of the systems that we currently labour under".

Make of that what you will.

He's got a book to publicise and is giving the proceeds to worthy causes?
 








Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
59,632
The Fatherland


Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
59,632
The Fatherland
He's got a book to publicise and is giving the proceeds to worthy causes?

Oh come on. I expect a bit better from you. I do not like world hunger but this does not mean I have to hand over the contents of my fridge.
 




cunning fergus

Well-known member
Jan 18, 2009
4,747
its not bankers per se, that is the issue but the environment and culture that banks operate in, i.e a rich powerful very small section of society that acts in ways that only benefit themselves at the expense of the vast majority of others.

So in that regard politicians are largely helpless, they rely on the backing of this section, without it they aren't going anywhere. If you attack that as obviously as Brand you get the full smear and FUD campaign.


Interesting view you have there.........

So, just to recap.

Gordon Brown advocated light touch regulation, and in 2007 (in his Mansion House speech) he stated that he resisted regulatory crackdowns following financial failures in the US.

In the parliamentary report into the failure of RBS it states.......

"This acknowledgement of the culpability of senior FSA management is mitigated, however, by the argument that a good deal of blame for the failure of regulation should be put at the door of the prevailing global regulatory framework, ideological assumptions about the efficiency of markets, and political pressures placed on the FSA.

The Report argues that FSA senior management and the Board that oversaw them “made decisions within the context of a widely held, but erroneous, view about the inherent stability of the global financial system, and of political pressure to maintain a ‘light touch’ regulatory regime to support the competitiveness of the UK financial sector.”

http://www.publications.parliament.uk/pa/cm201213/cmselect/cmtreasy/640/640.pdf

Note the references to "political pressures" placed on the FCA generally and to maintain a light touch regulatory regime.

Do you think it might be possible that Sir Fred Goodwin had a line into the Treasury (or to Gordon himself) when he wanted RBS to (say) take over ABN AMRO without having taken sufficient due diligence?

http://www.dailyrecord.co.uk/news/politics/revealed-gordon-brown-entertained-shamed-1031168

Your view is also contrary to Labour's own admissions of failure of course......

http://www.bbc.co.uk/news/uk-politics-14888933

I agree with your point about a small powerful group of people who are in control, however that includes the politicians.

Brand is missing this point, and it's even more relevant to how decisions are made by the EU.

Missing this dynamic means Brand is not very anti establishment at all...........he's a patsy.
 


El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
39,713
Pattknull med Haksprut
Oh come on. I expect a bit better from you. I do not like world hunger but this does not mean I have to hand over the contents of my fridge.

Neither does he. I think this project is for 'charidee' and his stand up and other work is for him.

The big question is does he have any redcurrant jus in his fridge?
 


El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
39,713
Pattknull med Haksprut
Interesting view you have there.........

So, just to recap.

Gordon Brown advocated light touch regulation, and in 2007 (in his Mansion House speech) he stated that he resisted regulatory crackdowns following financial failures in the US.

In the parliamentary report into the failure of RBS it states.......

"This acknowledgement of the culpability of senior FSA management is mitigated, however, by the argument that a good deal of blame for the failure of regulation should be put at the door of the prevailing global regulatory framework, ideological assumptions about the efficiency of markets, and political pressures placed on the FSA.

The Report argues that FSA senior management and the Board that oversaw them “made decisions within the context of a widely held, but erroneous, view about the inherent stability of the global financial system, and of political pressure to maintain a ‘light touch’ regulatory regime to support the competitiveness of the UK financial sector.”

http://www.publications.parliament.uk/pa/cm201213/cmselect/cmtreasy/640/640.pdf

Note the references to "political pressures" placed on the FCA generally and to maintain a light touch regulatory regime.

Do you think it might be possible that Sir Fred Goodwin had a line into the Treasury (or to Gordon himself) when he wanted RBS to (say) take over ABN AMRO without having taken sufficient due diligence?

http://www.dailyrecord.co.uk/news/politics/revealed-gordon-brown-entertained-shamed-1031168

Your view is also contrary to Labour's own admissions of failure of course......

http://www.bbc.co.uk/news/uk-politics-14888933

I agree with your point about a small powerful group of people who are in control, however that includes the politicians.

Brand is missing this point, and it's even more relevant to how decisions are made by the EU.

Missing this dynamic means Brand is not very anti establishment at all...........he's a patsy.

Wow, not like you to hijack a thread, spend loads of time cutting and pasting, and blaming everything on Brown and the EU [MENTION=12825]cunning fergus[/MENTION]. Still, first time for everything.....
 




Guinness Boy

Tofu eating wokerati
Helpful Moderator
NSC Patron
Jul 23, 2003
34,211
Up and Coming Sunny Portslade
so your point is financial regulation = socialism :facepalm:

No you're saying that. Another person who thinks they've got all the answers just so long as they can put their own interpretations on other people's words. The financial markets ARE regulated you tit. Originally by the FSA and now by the FCA as a direct response to the recession and banking crisis. Many of what went on, such as the LIBOR rigging was against those regulations. When regulated capatalism fails what's the next step genius? How about you answer a question for a change.

As it goes I'm no fan of Thatcher and voted Labour during her term. However, in hindsight the Big Bang was the best thing she did. Without it the UK would have gone even further in to recession than it did in the 90s. In fact, though it is thought of as deregulation it didn't allow for mass fraud. It mainly removed the distinction between stock jobbers and brokers and allowed electronic trading - something that was happening in the rest of the financial world anyway.

as you're au fait with these matters, a little advice please,
what is the minimum amount i need to blag to avoid any legal recourse?

Why don't you try it and find out.
 


El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
39,713
Pattknull med Haksprut
I'd love to be custard cousins with Russel Brand and sling one up Katy Perry.

Jemima Khan too? Then you could also be a custard cousin of Imran, without doubt the best bowler I've ever seen for Sussex. I faced him for four balls in the nets once, never saw it once, and was castled three times.
 


Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
59,632
The Fatherland
Jemima Khan too? Then you could also be a custard cousin of Imran, without doubt the best bowler I've ever seen for Sussex. I faced him for four balls in the nets once, never saw it once, and was castled three times.

You can begin to see why so many people take pot-shots at him. It's envy.
 


El Presidente

The ONLY Gay in Brighton
Helpful Moderator
Jul 5, 2003
39,713
Pattknull med Haksprut
You can begin to see why so many people take pot-shots at him. It's envy.

Yup, at least you can see what women see in him though, unlike Mick Hucknall. I have NEVER forgiven Steffi Graf, who I was stalking for years, to allow herself to be DEFILED by that ugly ginger ponce. It was worth getting the second restraining order and a tag to get my message across to Steffi. I'm hoping, in 2019, when the ruling runs out, that she will see sense and leave Andre Agassi too and move to a Manchester suburb, with an excellent take away just round the corner.
 




tinycowboy

Well-known member
Aug 9, 2008
4,002
Canterbury
Jemima Khan too? Then you could also be a custard cousin of Imran, without doubt the best bowler I've ever seen for Sussex. I faced him for four balls in the nets once, never saw it once, and was castled three times.

I was disappointed at a John Player league match once when Imran had overslept in London and failed to turn up. Adrian Jones was not such an inspiring replacement. I worked last year with one of the investment bankers that facilitated the RBS-ABN Amro takeover. He was posh, tall, tanned and seemed very content. But maybe he cries himself to sleep every night and feels great remorse for being a cog in a catastrophic wheel. I'd like to think he signed the petition objecting to the ejection of residents from the New Era Estate, and doing other good works behind the scenes. It's possible. Maybe he's slagging off Russell Brand for the hypocrisy of being a millionaire who is complaining about poverty and tax evasion. Who knows?
 




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