for - quote - American surplus monetary flows kept capitalism alive til now - Yanis Varoufakis

quote - American surplus monetary flows kept capitalism alive til now - Yanis Varoufakis - (see below) - Between 1944 and 1971 the Americans had a surplus - The money that they were making from the Surplus they were giving to Europe and Japan that was what's happening until up until 1971 -After that, the Americans had a deficit, - which they used to suck into the United States the surplus: - of Germany - of France - of Japan and then - of China - This is what kept capitalism alive

for - capitalism is dead - permanent decline of American capitalism - have no more capacity - hollowed out and only good at capital accumulation - Yanis Varoufakis

the title of the book implies an ownership of poverty (by America)... there's also an implication of authorial voice as if America is a "creator", but specifically a creator of poverty as much as it is a creator of wealth

In the framing of toxic capitalism, it's almost as if one of the things America is good at manufacturing is poverty.

If we've outsourced most of our manufacturing sector, why not also include poverty?!?

see also: Barnouw, Erik (1993), Documentary a History of the Non-fiction Film (PDF), New York and Oxford: Oxford University Press, pp. 241–242, retrieved March 30, 2020

West Wing S7 E 11 "Internal Displacement"<br /> http://www.westwingtranscripts.com/search.php?flag=getTranscript&id=145<br /> written by Aaron Sorkin & Bradley Whitford

A powerful quote about what really matters in America

Did it help that America was broadly formed during the start of the Industrial Revolution and at a time in which social mobility was dramatically different than the period of history which proceeded it?

And how much of this difference is split with the idea of the rise of (toxic) capitalism and the switch to "keeping up with the Jonses" which also tends to drive class distinctions?

Sounds like his philosophy fit may have fit in with the broader prosperity gospel space, Napoleon Hill, Billy Graham, Norman Vincent Peale, et al. Potentially worth looking into. Also related to the self-help movements and the New Thought philosophies.

fascinating that he wrote a book Copywriting and Direct Marketing. This may also tie him into the theses of Kevin Phillips' American Theocracy?

Link to: https://hyp.is/E4I_qgvCEe2rQO9iXvaTgA/www.goodreads.com/author/show/257221.Robert_Collier

The Uncomfortable Truth is the Difficult and Unpopular Decisions are Now Unavoidable.

Topic is relevant across a span of global issues. Natural resources are Finite.....period! Timely decisions are critical to insure intelligent use of resources. DENIAL is the enemy and 800lb gorilla in the room. Neoliberisim and social dysfunction feed on any cognitive dissonance and poop it out as "crap". True believers of American Capitalism (yes there is a difference) have become "cult-like" and drink the fluid of the cult to the very end, human consequence is of no concern.

Point being: Reality is always elusive within a cult controlled (authoritative) mindset. Cult members are weak sheep, incapable of individual logic/reason. Authority can not be challenged. -- Denial, a human defense mechanism has been and is the common denominator in all personal and global conflict. Denial can be traced throughout modern history and rears its ugly head whenever the stakes are high.

Defend this argument in 2021 America.<br> Refute this argument in 2021 America.<br> Contemplate the genesis behind this argument Share opinion regarding this argument.

What kind of capitalism are we talking about?

We are starting to see critical thinking and discussion around "hard" but necessary truths. These truths center around complicated concepts, controlled by politicians, MSM and others who would rather not have this discussion. America's general population seems lost, gorging on the dumb-down need to know culture (those that have and can dictate what the rest need to know) and group think, herd mentality.

I know the book American Amnesia talks about the value built up by a strong government working in conjunction with a capitalist machine over the past century or so. I wonder if the later half of the book gets into how to shift things back in this manner?