Russell Brand.........

[pastafarian]

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]

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 as a start point,
like they used to in the old days

 

[aolstudios]

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

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

 

[pastafarian]

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

Ok, but i would prefer to know what Brand is advocating as a replacement to capitalism.

 

[rogersix]

Ok, but i would prefer to know what Brand is advocating as a replacement to capitalism.

just cos e's famous

 

[vegster]

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]

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?

 

[pastafarian]

From what I gather he supports anarcho-syndicalism and a resource based economy.

That makes an interesting read,totally hatstand but interesting anyway.

http://en.wikipedia.org/wiki/Anarcho-syndicalism

if this is Russell Brands great revolution plan with an end goal of abolishing the wage system i am out........not that i was ever in really.

 

[Hastings gull]

From what I gather he supports anarcho-syndicalism and a resource based economy.

Now we know. This is all crystal clear.(you are the messenger, Mustafa, I know)

 

[Herr Tubthumper]

That makes an interesting read,totally hatstand but interesting anyway.

http://en.wikipedia.org/wiki/Anarcho-syndicalism

if this is Russell Brands great revolution plan with an end goal of abolishing the wage system i am out........not that i was ever in really.

He sounds like a better looking and richer Atilla

 

[Herr Tubthumper]

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]

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]

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]

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]

so your point is financial regulation = socialism

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]

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]

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]

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]

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?

 

[Seagull on the wing]

Russell Brand ought to be charged with the breach of the Trade Description Act....Comedian....Don't make me laugh...