

How We've Been Tricked: The Death of Economic Freedom | Grace Blakeley Exposes the Truth
6 snips Oct 5, 2024
Grace Blakeley, a renowned economist and author known for her critiques of capitalism, dives deep into the illusion of economic freedom. She exposes how narratives of meritocracy mask systemic inequalities, using Boeing as a stark example. Grace discusses the manipulation of crises by governments and the rise of individualism damaging community bonds. She highlights the psychological toll of debt and emphasizes the importance of community in fostering true economic freedom, advocating for a collective approach to reshape our financial systems.
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The Illusion of Freedom
- Capitalism's seductive narrative of freedom and meritocracy is often untrue.
- A small, powerful elite shapes the world and its rules, while the masses play their rigged game.
Boeing's Insulated Power
- Boeing's 737 MAX disasters exemplify how centralized planning and government support can coexist with a "free market."
- Despite crashes and safety concerns, Boeing received government bailouts and operated under self-regulation.
Neoliberalism's True Agenda
- Neoliberalism, despite promising individual freedom, prioritizes the freedom of the elite by constraining the collective power of others.
- This is achieved through crushing unions, dissolving community organizations, and manipulating regulations to favor big banks and corporations.