All language subtitles for English (auto-generated)_en_0_Game Theory _6_ The World_s Bank(1080P_60FPS)

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:00,480 --> 00:00:06,640 Today I want to examine 2 00:00:03,360 --> 00:00:10,160 why you Chinese students behave the way 3 00:00:06,640 --> 00:00:13,120 you do. Okay. So believe it or not, but 4 00:00:10,160 --> 00:00:15,040 the way that you behave, the game that 5 00:00:13,120 --> 00:00:18,160 you are playing, 6 00:00:15,040 --> 00:00:21,039 it's strange. It's weird. So I'll point 7 00:00:18,160 --> 00:00:23,279 out three things that you do that don't 8 00:00:21,039 --> 00:00:25,519 really make any sense. 9 00:00:23,279 --> 00:00:30,760 The first thing that you do is you spend 10 00:00:25,519 --> 00:00:30,760 a lot of your time learning English. 11 00:00:30,960 --> 00:00:35,360 In fact, you probably spend more time 12 00:00:32,399 --> 00:00:36,880 learning English than you do learning 13 00:00:35,360 --> 00:00:38,399 Chinese. 14 00:00:36,880 --> 00:00:41,520 That's weird. And I've asked Chinese 15 00:00:38,399 --> 00:00:43,600 students before why 16 00:00:41,520 --> 00:00:45,920 they are so focused on learning English. 17 00:00:43,600 --> 00:00:48,719 And their answers usually are, I want to 18 00:00:45,920 --> 00:00:50,399 learn knowledge. I want to go abroad. I 19 00:00:48,719 --> 00:00:52,879 want to communicate. I want to use the 20 00:00:50,399 --> 00:00:54,559 internet. That's not really a good 21 00:00:52,879 --> 00:00:56,640 explanation. Okay. So, that's one thing 22 00:00:54,559 --> 00:00:58,320 that's weird. Second thing that's weird 23 00:00:56,640 --> 00:01:00,960 is 24 00:00:58,320 --> 00:01:04,799 you're obsessed with making money, 25 00:01:00,960 --> 00:01:06,400 especially US dollars. 26 00:01:04,799 --> 00:01:09,680 Okay. And the third thing that's weird 27 00:01:06,400 --> 00:01:12,880 is that your goal in life is to 28 00:01:09,680 --> 00:01:14,400 immigrate to a western country, uh, 29 00:01:12,880 --> 00:01:15,600 specifically United States, right? You 30 00:01:14,400 --> 00:01:17,680 all want to go United States for 31 00:01:15,600 --> 00:01:20,000 college, get a degree, and hopefully 32 00:01:17,680 --> 00:01:23,920 stay there, get a good job. But as we 33 00:01:20,000 --> 00:01:26,640 discussed before, that's strange because 34 00:01:23,920 --> 00:01:28,960 you are much higher status in China. 35 00:01:26,640 --> 00:01:31,520 You're much more likely to get a good 36 00:01:28,960 --> 00:01:33,680 job. You're much more likely to marry a 37 00:01:31,520 --> 00:01:36,560 bit of a woman than you are United 38 00:01:33,680 --> 00:01:39,439 States where the game is rigged against 39 00:01:36,560 --> 00:01:41,360 you. Okay? So, this sort of behavior is 40 00:01:39,439 --> 00:01:43,119 weird. If you think about it, what you 41 00:01:41,360 --> 00:01:46,479 should be really trying to do is master 42 00:01:43,119 --> 00:01:48,399 Chinese. Because once you master Chinese 43 00:01:46,479 --> 00:01:51,119 and given your family background, given 44 00:01:48,399 --> 00:01:53,360 the fact that your family is often 45 00:01:51,119 --> 00:01:55,840 wealthy and well connected in China, you 46 00:01:53,360 --> 00:01:58,240 can climb up pretty high in China. Okay? 47 00:01:55,840 --> 00:02:00,159 So if you want if you learn Chinese, 48 00:01:58,240 --> 00:02:04,159 you're far better able to communicate 49 00:02:00,159 --> 00:02:07,680 yourself. You're far more uh likely to 50 00:02:04,159 --> 00:02:10,479 gain respect and status in China. Okay? 51 00:02:07,680 --> 00:02:12,560 But instead you learn English. Um US 52 00:02:10,479 --> 00:02:14,959 dollars doesn't make any sense. What you 53 00:02:12,560 --> 00:02:16,720 really want is status, 54 00:02:14,959 --> 00:02:19,280 right? What you really want is to be 55 00:02:16,720 --> 00:02:21,200 well respected. You want a prestigious 56 00:02:19,280 --> 00:02:22,640 job. You want to marry a beautiful 57 00:02:21,200 --> 00:02:24,640 woman. You want to have lots and lots of 58 00:02:22,640 --> 00:02:26,879 children. That's what you really want. 59 00:02:24,640 --> 00:02:28,879 But instead, you're really focused on 60 00:02:26,879 --> 00:02:31,200 obtaining US dollars. That's kind of 61 00:02:28,879 --> 00:02:36,080 strange. Now, the last thing we said was 62 00:02:31,200 --> 00:02:37,680 immigration. You if you go to um United 63 00:02:36,080 --> 00:02:39,840 States, it's really a rigged game 64 00:02:37,680 --> 00:02:42,080 against you, right? 65 00:02:39,840 --> 00:02:45,040 The most that you can hope to obtain is 66 00:02:42,080 --> 00:02:46,800 maybe become an engineer or professor if 67 00:02:45,040 --> 00:02:49,120 you're really really smart, but you're 68 00:02:46,800 --> 00:02:51,280 not going to achieve political power. 69 00:02:49,120 --> 00:02:53,920 You're not going to become a CEO of a 70 00:02:51,280 --> 00:02:57,280 major company. All right? So, the 71 00:02:53,920 --> 00:03:00,239 situation as it is, it's really weird 72 00:02:57,280 --> 00:03:02,560 where the best in Brighton China, they 73 00:03:00,239 --> 00:03:05,680 just want to be common people in the 74 00:03:02,560 --> 00:03:08,239 United States or Britain or Canada. So, 75 00:03:05,680 --> 00:03:10,159 it's a really weird game. And so the 76 00:03:08,239 --> 00:03:13,440 question we want I want to look at today 77 00:03:10,159 --> 00:03:15,920 is how was this game constructed? Why do 78 00:03:13,440 --> 00:03:20,000 we play this game? And the answer I will 79 00:03:15,920 --> 00:03:22,959 show you is because of the British. 80 00:03:20,000 --> 00:03:24,480 Okay. The British 81 00:03:22,959 --> 00:03:27,120 Empire 82 00:03:24,480 --> 00:03:29,360 create this game that ultimately the 83 00:03:27,120 --> 00:03:32,720 Americans inherit and which the entire 84 00:03:29,360 --> 00:03:36,879 world world's played today because 85 00:03:32,720 --> 00:03:39,040 America is the global superpower. Um, 86 00:03:36,879 --> 00:03:40,799 okay. Does that make sense? All right. 87 00:03:39,040 --> 00:03:45,440 So, first I want to go into some history 88 00:03:40,799 --> 00:03:48,319 and explain to you how we got to where 89 00:03:45,440 --> 00:03:51,360 we are. So, this is the map of the 90 00:03:48,319 --> 00:03:53,599 Spanish Empire at the height of its 91 00:03:51,360 --> 00:03:57,280 power. As you can see, the Spanish 92 00:03:53,599 --> 00:04:02,080 Empire cover the entire globe. Okay, so 93 00:03:57,280 --> 00:04:04,640 this is a spa small nation in Spain and 94 00:04:02,080 --> 00:04:08,640 it was able to really cover the entire 95 00:04:04,640 --> 00:04:10,159 world. So how was this accomplished? 96 00:04:08,640 --> 00:04:11,920 Okay, so the first thing you need to 97 00:04:10,159 --> 00:04:15,840 understand is that for most of its 98 00:04:11,920 --> 00:04:18,400 history, Europe was a very poor place 99 00:04:15,840 --> 00:04:20,239 and in order for it to obtain wealth, it 100 00:04:18,400 --> 00:04:23,440 had to trade with the world. 101 00:04:20,239 --> 00:04:25,360 Specifically, it wanted spices from what 102 00:04:23,440 --> 00:04:28,000 what they call the East Indies, okay, 103 00:04:25,360 --> 00:04:31,440 Southeast Asia. Um, at this time in 104 00:04:28,000 --> 00:04:35,040 history, the main power were the Muslims 105 00:04:31,440 --> 00:04:37,440 who are here, okay? And if you if you 106 00:04:35,040 --> 00:04:39,759 want to trade with um East Asia, you 107 00:04:37,440 --> 00:04:42,479 have to go through the Muslims. 108 00:04:39,759 --> 00:04:44,880 And at this point in history, uh Spain 109 00:04:42,479 --> 00:04:48,400 is Muslim. It's it's a it's a place 110 00:04:44,880 --> 00:04:51,440 called uh Andu Lassa. But then the 111 00:04:48,400 --> 00:04:53,520 Christians were able to reconquer Spain. 112 00:04:51,440 --> 00:04:55,360 And so the Muslims decided that we'll 113 00:04:53,520 --> 00:04:57,440 just blockade you or if you want to 114 00:04:55,360 --> 00:05:01,280 trade with us, we will charge you a lot 115 00:04:57,440 --> 00:05:03,520 of levies. Okay? And so now the Spanish 116 00:05:01,280 --> 00:05:08,479 and the Portuguese are forced to look 117 00:05:03,520 --> 00:05:10,080 for new routes to these indies where the 118 00:05:08,479 --> 00:05:12,240 spices are. Remember at this time in 119 00:05:10,080 --> 00:05:13,680 history spices are the most valuable 120 00:05:12,240 --> 00:05:15,360 commodity. They're actually worth more 121 00:05:13,680 --> 00:05:17,680 than gold. Okay, I'm talking like 122 00:05:15,360 --> 00:05:19,919 cinnamon, nutmeg, pepperc corn. Okay, 123 00:05:17,680 --> 00:05:23,600 these spices are extremely valuable 124 00:05:19,919 --> 00:05:25,120 commodities. In fact, one ship um if you 125 00:05:23,600 --> 00:05:27,440 if you're able to bring bring one ship 126 00:05:25,120 --> 00:05:29,280 of these spices back to Europe, well, 127 00:05:27,440 --> 00:05:31,039 you had intergenerational wealth. Okay, 128 00:05:29,280 --> 00:05:32,880 you become one of the wealthiest people 129 00:05:31,039 --> 00:05:35,680 in Europe. That's how valuable these 130 00:05:32,880 --> 00:05:36,880 spices were. And [snorts] so now the the 131 00:05:35,680 --> 00:05:39,360 Spanish and the Portuguese have no 132 00:05:36,880 --> 00:05:42,720 choice but to discover new routes to 133 00:05:39,360 --> 00:05:46,000 these indies. So they went this way. And 134 00:05:42,720 --> 00:05:48,960 this is hard because 135 00:05:46,000 --> 00:05:51,840 um Africa is not really hospitable. 136 00:05:48,960 --> 00:05:53,759 There are a lot of viruses, diseases in 137 00:05:51,840 --> 00:05:54,960 Africa. So they they started to go so 138 00:05:53,759 --> 00:05:56,960 they start to explore all around the 139 00:05:54,960 --> 00:05:58,639 world and they went to North America and 140 00:05:56,960 --> 00:06:00,240 South America. And when they went to 141 00:05:58,639 --> 00:06:02,639 North and South America, they discovered 142 00:06:00,240 --> 00:06:05,199 that there were already peoples, the 143 00:06:02,639 --> 00:06:07,440 Aztecs, the Incas living there and they 144 00:06:05,199 --> 00:06:10,319 had a lot of wealth because these were 145 00:06:07,440 --> 00:06:13,039 empires and they could easily conquer. 146 00:06:10,319 --> 00:06:14,560 And so they set up these colonies all 147 00:06:13,039 --> 00:06:17,440 around 148 00:06:14,560 --> 00:06:19,759 um South America and a lot of silver was 149 00:06:17,440 --> 00:06:22,319 now being transported back to Spain. And 150 00:06:19,759 --> 00:06:25,280 so overnight, Spain became extremely 151 00:06:22,319 --> 00:06:26,800 wealthy. But as we discussed last class, 152 00:06:25,280 --> 00:06:30,000 if you become too wealthy and too 153 00:06:26,800 --> 00:06:31,840 powerful, you changed as a people. 154 00:06:30,000 --> 00:06:33,520 Before you were energetic, you were 155 00:06:31,840 --> 00:06:35,360 open. You were cohesive. That's what 156 00:06:33,520 --> 00:06:39,600 made you an empire. But now all this 157 00:06:35,360 --> 00:06:42,560 wealth, you become insular. You become 158 00:06:39,600 --> 00:06:45,600 arrogant and you become extremely 159 00:06:42,560 --> 00:06:48,639 closeminded. Okay? You become lazy. And 160 00:06:45,600 --> 00:06:50,400 so the Spanish, they had all this wealth 161 00:06:48,639 --> 00:06:52,720 and they decided that they really don't 162 00:06:50,400 --> 00:06:54,319 they want to work anymore. Okay? So, so 163 00:06:52,720 --> 00:06:58,560 what happened? Well, what happened was 164 00:06:54,319 --> 00:07:03,039 that [snorts] they start to subcontract 165 00:06:58,560 --> 00:07:06,880 um their labor to other places. Okay. 166 00:07:03,039 --> 00:07:09,840 So, um so now what's going to happen is 167 00:07:06,880 --> 00:07:14,880 you will have the rise of England, 168 00:07:09,840 --> 00:07:17,919 French and the Dutch Republic mainly. 169 00:07:14,880 --> 00:07:21,599 Okay. to to provide 170 00:07:17,919 --> 00:07:24,639 textiles, luxury goods to 171 00:07:21,599 --> 00:07:28,560 um Spain, right? So how this was 172 00:07:24,639 --> 00:07:31,680 accomplished was first industry. 173 00:07:28,560 --> 00:07:34,479 So the Spanish because they were so 174 00:07:31,680 --> 00:07:36,560 wealthy didn't want to work and their 175 00:07:34,479 --> 00:07:39,840 people didn't have to work either. Okay? 176 00:07:36,560 --> 00:07:42,160 So but they wanted to buy clothes, nice 177 00:07:39,840 --> 00:07:44,960 clothes. So what happened was they got 178 00:07:42,160 --> 00:07:47,759 other nations to be the factories 179 00:07:44,960 --> 00:07:49,280 including Britain, the Dutch Republic 180 00:07:47,759 --> 00:07:53,120 and France. Okay, that's the first 181 00:07:49,280 --> 00:07:57,599 thing. Second thing that happened was 182 00:07:53,120 --> 00:07:59,840 trade. Okay, so the Spanish um did 183 00:07:57,599 --> 00:08:02,000 engage in trade, but now that they're so 184 00:07:59,840 --> 00:08:04,960 wealthy, they could just hire the Dutch 185 00:08:02,000 --> 00:08:07,360 to do it. Okay. Now, the Dutch were 186 00:08:04,960 --> 00:08:10,560 responsible for going to the East Indies 187 00:08:07,360 --> 00:08:14,240 and bringing back uh the spices because 188 00:08:10,560 --> 00:08:16,240 it's a very dangerous job, right? You 189 00:08:14,240 --> 00:08:19,680 could you could get sick, you could die 190 00:08:16,240 --> 00:08:22,720 along the way. Um you could also lose a 191 00:08:19,680 --> 00:08:24,720 lot of money. Okay? And the reason why 192 00:08:22,720 --> 00:08:27,039 the Dutch agreed to this is that the 193 00:08:24,720 --> 00:08:29,280 Dutch was basically a colony of the 194 00:08:27,039 --> 00:08:30,800 Spanish. So, the Spanish had an empire 195 00:08:29,280 --> 00:08:32,399 and the Dutch were part of this empire. 196 00:08:30,800 --> 00:08:34,399 So they just made the Dutch gold do it 197 00:08:32,399 --> 00:08:36,320 for them. Okay. But the third thing that 198 00:08:34,399 --> 00:08:38,640 happened 199 00:08:36,320 --> 00:08:41,919 um was piracy. 200 00:08:38,640 --> 00:08:44,959 Okay. So all this silver was being 201 00:08:41,919 --> 00:08:49,920 transported from the new world back to 202 00:08:44,959 --> 00:08:53,839 Spain. And what the uh English [snorts] 203 00:08:49,920 --> 00:08:56,800 realized is hey we engage in piracy and 204 00:08:53,839 --> 00:08:59,800 steal this silver for ourselves. 205 00:08:56,800 --> 00:08:59,800 Okay. 206 00:09:00,160 --> 00:09:05,360 All right. So now the English became 207 00:09:03,519 --> 00:09:07,279 very wealthy because of piracy. Okay. 208 00:09:05,360 --> 00:09:09,680 And the most famous pirate of this time 209 00:09:07,279 --> 00:09:11,440 of course was surf as Drake and he 210 00:09:09,680 --> 00:09:13,200 worked directly under the monarch 211 00:09:11,440 --> 00:09:16,399 Elizabeth the first. Okay. [snorts] So 212 00:09:13,200 --> 00:09:22,240 this was a state sponsored piracy that 213 00:09:16,399 --> 00:09:26,480 made um Britain very wealthy. Okay. So 214 00:09:22,240 --> 00:09:28,880 now you have this divergence where okay 215 00:09:26,480 --> 00:09:31,680 you have the Spanish empire 216 00:09:28,880 --> 00:09:37,040 and because of 217 00:09:31,680 --> 00:09:39,519 their wealth they became u lazy, 218 00:09:37,040 --> 00:09:42,320 insular 219 00:09:39,519 --> 00:09:44,800 and arrogant or the word we use is 220 00:09:42,320 --> 00:09:46,560 hubris. 221 00:09:44,800 --> 00:09:49,440 Okay, [snorts] lazy is you just make 222 00:09:46,560 --> 00:09:51,760 others do it for you. Okay, insular just 223 00:09:49,440 --> 00:09:53,519 means that now, as we discussed last 224 00:09:51,760 --> 00:09:55,200 class, the Spanish aren't concerned 225 00:09:53,519 --> 00:09:57,519 about other nations. They think they're 226 00:09:55,200 --> 00:10:00,320 invincible, so they engage in court 227 00:09:57,519 --> 00:10:02,560 politics. Okay, they're all infighting 228 00:10:00,320 --> 00:10:04,880 for the throne. The last thing is 229 00:10:02,560 --> 00:10:08,800 arrogant, hubris, which basically means 230 00:10:04,880 --> 00:10:10,720 that you believe you are invincible. You 231 00:10:08,800 --> 00:10:12,720 can do whatever you want and therefore 232 00:10:10,720 --> 00:10:14,880 you start all these wars against 233 00:10:12,720 --> 00:10:16,880 everyone everywhere. you overextend 234 00:10:14,880 --> 00:10:19,920 yourself and you don't really understand 235 00:10:16,880 --> 00:10:23,040 your limitations as an empire. So very 236 00:10:19,920 --> 00:10:25,680 quickly, even though Spain becomes very 237 00:10:23,040 --> 00:10:28,320 wealthy very fast, they also go bankrupt 238 00:10:25,680 --> 00:10:29,760 very fast because they're fighting too 239 00:10:28,320 --> 00:10:31,760 many wars, they're spending too much 240 00:10:29,760 --> 00:10:33,279 money that they don't have. Okay? And 241 00:10:31,760 --> 00:10:36,720 they're too corrupt. Okay? Does that 242 00:10:33,279 --> 00:10:39,600 make sense? now and what and because of 243 00:10:36,720 --> 00:10:42,959 this what's happening is that the uh 244 00:10:39,600 --> 00:10:45,200 British uh England 245 00:10:42,959 --> 00:10:47,760 the Dutch 246 00:10:45,200 --> 00:10:51,600 and the French 247 00:10:47,760 --> 00:10:53,440 they are slowly becoming a much more um 248 00:10:51,600 --> 00:10:57,519 energetic 249 00:10:53,440 --> 00:11:00,000 open and cohesive society 250 00:10:57,519 --> 00:11:01,040 cohesion. Okay. [snorts] 251 00:11:00,000 --> 00:11:02,640 And now that you have this 252 00:11:01,040 --> 00:11:06,240 differentiation, what's going to happen 253 00:11:02,640 --> 00:11:13,040 is that the religion is going to change. 254 00:11:06,240 --> 00:11:15,120 Okay? So, um, Spain remains Catholic 255 00:11:13,040 --> 00:11:18,959 and it's going to fight to control the 256 00:11:15,120 --> 00:11:22,160 Vatican. And this, um, okay, so that's 257 00:11:18,959 --> 00:11:24,320 what Spain does. Now Britain and the 258 00:11:22,160 --> 00:11:29,120 Dutch need to differentiate themselves 259 00:11:24,320 --> 00:11:32,997 from Spain and so they become Protestant 260 00:11:29,120 --> 00:11:34,160 or we call Calvinist. 261 00:11:32,997 --> 00:11:36,480 [clears throat] 262 00:11:34,160 --> 00:11:38,959 Okay. So imag so Catholic is really 263 00:11:36,480 --> 00:11:41,120 about obeying authority but the 264 00:11:38,959 --> 00:11:43,519 Protestant the Calvinist religion 265 00:11:41,120 --> 00:11:47,279 insists on hard work on energy on 266 00:11:43,519 --> 00:11:50,320 obtaining wealth. Okay. The problem 267 00:11:47,279 --> 00:11:54,240 though is that 268 00:11:50,320 --> 00:11:57,519 um the Spanish are too powerful and the 269 00:11:54,240 --> 00:12:00,640 French some of them are Calvinist but 270 00:11:57,519 --> 00:12:06,480 most are Catholic. Okay. So what's going 271 00:12:00,640 --> 00:12:09,839 to happen is that the English and the 272 00:12:06,480 --> 00:12:13,040 Dutch are going to decide to join 273 00:12:09,839 --> 00:12:14,959 forces. Okay. So I want to show very 274 00:12:13,040 --> 00:12:17,040 quickly show you the difference between 275 00:12:14,959 --> 00:12:21,200 the Catholic religion and the Protestant 276 00:12:17,040 --> 00:12:24,480 religion. Okay. So these are the Spanish 277 00:12:21,200 --> 00:12:27,760 and as you can see there's a lot of 278 00:12:24,480 --> 00:12:30,240 trade going between the new world and 279 00:12:27,760 --> 00:12:33,279 Spain. Why is this the case? Because 280 00:12:30,240 --> 00:12:36,320 Spain is extracting resources 281 00:12:33,279 --> 00:12:40,880 from the new world primarily silver. 282 00:12:36,320 --> 00:12:43,920 Okay. Um the French are also engaged in 283 00:12:40,880 --> 00:12:47,040 trade as well. So they're what what they 284 00:12:43,920 --> 00:12:49,600 really want is fur from North America. 285 00:12:47,040 --> 00:12:52,480 So fur is a cuz you're a luxury at that 286 00:12:49,600 --> 00:12:55,440 time. But as you can see from this map 287 00:12:52,480 --> 00:12:59,680 the people that are really engaged in 288 00:12:55,440 --> 00:13:02,959 trade enga engaged in piracy in trade in 289 00:12:59,680 --> 00:13:05,839 shipping are the British okay and the 290 00:13:02,959 --> 00:13:09,839 Dutch. And the reason why is that 291 00:13:05,839 --> 00:13:12,560 they're poor. Okay? And so through this 292 00:13:09,839 --> 00:13:15,040 hard work, they become very wealthy very 293 00:13:12,560 --> 00:13:18,320 quickly. In fact, the Dutch in fact 294 00:13:15,040 --> 00:13:20,480 become the wealthiest nation in the 295 00:13:18,320 --> 00:13:23,680 world per capita. You have this 296 00:13:20,480 --> 00:13:26,720 burgeoning of the middle class. And so 297 00:13:23,680 --> 00:13:30,160 what happens now is that the spa the 298 00:13:26,720 --> 00:13:33,279 Spanish and the Dutch come into conflict 299 00:13:30,160 --> 00:13:37,200 because remember the Dutch are a colony 300 00:13:33,279 --> 00:13:39,120 of the Spanish and so the the Spaniards 301 00:13:37,200 --> 00:13:40,800 want the Dutch pay more taxes and the 302 00:13:39,120 --> 00:13:43,040 Dutch want to be more independent. So 303 00:13:40,800 --> 00:13:44,880 this starts a series of wars. Okay, in 304 00:13:43,040 --> 00:13:46,880 fact an entire series of wars starts 305 00:13:44,880 --> 00:13:49,880 throughout Europe called the 30 years 306 00:13:46,880 --> 00:13:49,880 war. 307 00:13:50,480 --> 00:13:55,200 Okay. So, ostensibly it's a it's a 308 00:13:53,920 --> 00:13:56,959 religious conflict between the 309 00:13:55,200 --> 00:13:59,279 Protestants and the Catholics. But there 310 00:13:56,959 --> 00:14:01,519 are lots of underlying re there are 311 00:13:59,279 --> 00:14:03,839 other underlying factors as well. Okay. 312 00:14:01,519 --> 00:14:07,360 Another factor is the Spaniards want to 313 00:14:03,839 --> 00:14:09,279 exert control over the Dutch. Okay. And 314 00:14:07,360 --> 00:14:11,600 so there's lots of different reasons but 315 00:14:09,279 --> 00:14:13,680 but the main thing you need to know is 316 00:14:11,600 --> 00:14:15,839 that millions and millions of people 317 00:14:13,680 --> 00:14:18,880 die. In fact, it is the deadliest war in 318 00:14:15,839 --> 00:14:23,279 Europe right before 319 00:14:18,880 --> 00:14:26,399 up until the World War I. Okay? And so 320 00:14:23,279 --> 00:14:28,160 this creates anxiety in Europe because 321 00:14:26,399 --> 00:14:30,399 if there's all this war and you're 322 00:14:28,160 --> 00:14:33,839 joining all this wealth, how do you keep 323 00:14:30,399 --> 00:14:35,519 this wealth secure, right? You you're a 324 00:14:33,839 --> 00:14:37,519 merchant, you became very wealthy 325 00:14:35,519 --> 00:14:38,880 through trade by going to East Indies 326 00:14:37,519 --> 00:14:42,000 and getting spices and come back to 327 00:14:38,880 --> 00:14:43,360 Europe and selling them. But if the 328 00:14:42,000 --> 00:14:46,000 Spanish or the French are going to send 329 00:14:43,360 --> 00:14:49,360 an army and steal everything, 330 00:14:46,000 --> 00:14:50,800 how do you keep your gold safe? Okay. 331 00:14:49,360 --> 00:14:53,760 So, what's going to happen is this. 332 00:14:50,800 --> 00:14:56,240 What's going to happen is that the 333 00:14:53,760 --> 00:15:00,560 British and the Dutch are going to 334 00:14:56,240 --> 00:15:03,279 decide to get married. 335 00:15:00,560 --> 00:15:05,839 Okay, this is what we call the Glorious 336 00:15:03,279 --> 00:15:07,680 Revolution. [snorts] 337 00:15:05,839 --> 00:15:09,805 1688 Glorious Revolution. So, let's talk 338 00:15:07,680 --> 00:15:11,825 about the Glorious Revolution. 339 00:15:09,805 --> 00:15:11,825 >> [clears throat] 340 00:15:15,440 --> 00:15:20,320 >> In the glorious revolution, what happens 341 00:15:17,120 --> 00:15:25,760 is that the British nobility 342 00:15:20,320 --> 00:15:28,240 invite Will Orange who is um a leader of 343 00:15:25,760 --> 00:15:34,079 the Dutch Republic to come and become 344 00:15:28,240 --> 00:15:36,000 the monarch of Britain. Okay. And so you 345 00:15:34,079 --> 00:15:40,000 you're like, okay, why would they do 346 00:15:36,000 --> 00:15:42,160 that? Why would they um betray their own 347 00:15:40,000 --> 00:15:46,560 king I 348 00:15:42,160 --> 00:15:49,279 install a um for monarch William orange? 349 00:15:46,560 --> 00:15:50,639 Okay. And so the thing you need to 350 00:15:49,279 --> 00:15:53,519 understand is that throughout British 351 00:15:50,639 --> 00:15:55,680 history what makes Britain unique is 352 00:15:53,519 --> 00:15:58,320 that the monarch has always been 353 00:15:55,680 --> 00:16:00,079 conflict with the nobility. Okay. The 354 00:15:58,320 --> 00:16:02,160 king has always been conflict with the 355 00:16:00,079 --> 00:16:04,560 oligarchs 356 00:16:02,160 --> 00:16:08,399 and this is this is a continuous 357 00:16:04,560 --> 00:16:11,920 pattern. So ostensibly the reason is 358 00:16:08,399 --> 00:16:14,320 religious because chi was Catholic and 359 00:16:11,920 --> 00:16:17,120 uh Britain is a protestant country but 360 00:16:14,320 --> 00:16:20,399 the real reason is the nobility want to 361 00:16:17,120 --> 00:16:22,800 exert authority over the country. Okay. 362 00:16:20,399 --> 00:16:26,839 So in this agreement what would happen 363 00:16:22,800 --> 00:16:26,839 is that parliament 364 00:16:27,040 --> 00:16:35,680 becomes the sovereign state. Okay. it 365 00:16:31,120 --> 00:16:38,160 becomes the de facto power in uh England 366 00:16:35,680 --> 00:16:40,320 and the king with orange agrees to be 367 00:16:38,160 --> 00:16:42,480 the puppet or the figurehead but the 368 00:16:40,320 --> 00:16:46,091 real power is in parliament and so this 369 00:16:42,480 --> 00:16:48,111 creates the idea of national sovereignty 370 00:16:46,091 --> 00:16:48,111 [snorts] 371 00:16:50,000 --> 00:16:54,880 okay what people don't appreciate is 372 00:16:52,480 --> 00:16:58,480 that the real reason why they want to do 373 00:16:54,880 --> 00:17:00,560 that is they want to protect capital 374 00:16:58,480 --> 00:17:03,360 okay 375 00:17:00,560 --> 00:17:07,000 capital, 376 00:17:03,360 --> 00:17:07,000 okay, or transnational. 377 00:17:08,240 --> 00:17:14,959 So, the idea is that not only does one 378 00:17:12,160 --> 00:17:17,199 of the orange come over, but most of 379 00:17:14,959 --> 00:17:18,799 Dutch wealth come over because remember 380 00:17:17,199 --> 00:17:19,839 at this time the Dutch have a huge 381 00:17:18,799 --> 00:17:22,240 problem. They're constantly being 382 00:17:19,839 --> 00:17:25,520 invaded by Spain. So, what you do is you 383 00:17:22,240 --> 00:17:29,440 take all the gold in the Dutch Republic 384 00:17:25,520 --> 00:17:33,960 and you transfer over it to England. 385 00:17:29,440 --> 00:17:33,960 Okay. And so in 1694 386 00:17:34,080 --> 00:17:37,320 they creat 387 00:17:43,280 --> 00:17:50,240 the idea is this. The idea is that if 388 00:17:46,960 --> 00:17:52,559 you buy the Bank of England that gold is 389 00:17:50,240 --> 00:17:54,400 yours. Okay? 390 00:17:52,559 --> 00:17:59,360 But the Bank of England will always be 391 00:17:54,400 --> 00:18:00,720 guaranteed by Parliament. 392 00:17:59,360 --> 00:18:02,240 All right. So this is a very important 393 00:18:00,720 --> 00:18:04,400 idea guys. I I need you to understand 394 00:18:02,240 --> 00:18:07,440 this for the rest of the semester. Okay. 395 00:18:04,400 --> 00:18:09,679 So before you're a king and you you need 396 00:18:07,440 --> 00:18:11,840 to go fight a war, you bore money from 397 00:18:09,679 --> 00:18:15,120 bankers and merchants, right? The 398 00:18:11,840 --> 00:18:17,840 problem though is that one you could 399 00:18:15,120 --> 00:18:21,360 lose the war in which case oops. Second 400 00:18:17,840 --> 00:18:23,280 is that um you could die in which case 401 00:18:21,360 --> 00:18:25,120 oops. And the third and the third 402 00:18:23,280 --> 00:18:26,799 problem is that you could just say I'm 403 00:18:25,120 --> 00:18:30,000 king. I'm not going to give you back 404 00:18:26,799 --> 00:18:31,600 your money. Okay. And so these merchants 405 00:18:30,000 --> 00:18:34,480 would have no choice but to try to 406 00:18:31,600 --> 00:18:36,160 create a revolution. Okay. But but as a 407 00:18:34,480 --> 00:18:38,400 merchant, as a capitalist, you don't 408 00:18:36,160 --> 00:18:41,520 want to go through this process. And so 409 00:18:38,400 --> 00:18:43,919 the Bank of England, it's really 410 00:18:41,520 --> 00:18:46,880 important because 411 00:18:43,919 --> 00:18:50,559 now you are lending money not to the 412 00:18:46,880 --> 00:18:54,559 king but to the nation. 413 00:18:50,559 --> 00:18:57,120 Okay. What this means is that the nation 414 00:18:54,559 --> 00:19:01,919 has to pay you back. 415 00:18:57,120 --> 00:19:04,000 So even though the king dies, the people 416 00:19:01,919 --> 00:19:05,679 are liable for the debt. Okay? Does that 417 00:19:04,000 --> 00:19:08,160 make sense? 418 00:19:05,679 --> 00:19:11,760 All right. So now if you're a merchant, 419 00:19:08,160 --> 00:19:15,039 you feel safe. I can now put my money in 420 00:19:11,760 --> 00:19:18,160 the Bank of England. It's my money. 421 00:19:15,039 --> 00:19:22,400 If I lend it to the nation, I'm always 422 00:19:18,160 --> 00:19:24,320 guaranteed that they'll pay me back. 423 00:19:22,400 --> 00:19:26,559 Okay? 424 00:19:24,320 --> 00:19:29,200 And England is safe because unlike the 425 00:19:26,559 --> 00:19:30,799 Dutch Republic, England is an island and 426 00:19:29,200 --> 00:19:34,080 therefore it's protected by the Royal 427 00:19:30,799 --> 00:19:36,400 Navy. It's impossible for the French, 428 00:19:34,080 --> 00:19:38,320 the Hapsburg Empire or the Spanish to 429 00:19:36,400 --> 00:19:40,799 invade England. They they never able to 430 00:19:38,320 --> 00:19:44,640 conquer England and so it makes England 431 00:19:40,799 --> 00:19:49,200 safe. Okay. All right. So now the 432 00:19:44,640 --> 00:19:51,600 question is why would the Dutch why 433 00:19:49,200 --> 00:19:54,400 would they put their money in England? 434 00:19:51,600 --> 00:19:56,720 Because remember at this time they just 435 00:19:54,400 --> 00:19:58,720 screw you over. Okay. So the way the way 436 00:19:56,720 --> 00:20:01,120 around this is you have some old 437 00:19:58,720 --> 00:20:03,440 techniques, you have inner marriage, 438 00:20:01,120 --> 00:20:05,760 right? 439 00:20:03,440 --> 00:20:09,600 And you have religion or we call secret 440 00:20:05,760 --> 00:20:12,600 societies because remember both [snorts] 441 00:20:09,600 --> 00:20:12,600 um 442 00:20:12,960 --> 00:20:18,240 both um the Dutch Republic and England 443 00:20:15,919 --> 00:20:20,880 are Calvinists. Okay. And the major 444 00:20:18,240 --> 00:20:24,200 society that facilitated trade of course 445 00:20:20,880 --> 00:20:24,200 were were the Freemasons. 446 00:20:26,559 --> 00:20:32,000 But during this time these two were 447 00:20:29,600 --> 00:20:33,039 really between aristocrats and the Bank 448 00:20:32,000 --> 00:20:35,039 of England was trying to get as much 449 00:20:33,039 --> 00:20:38,080 money as possible. Right? So what they 450 00:20:35,039 --> 00:20:39,600 started to develop was a uh new concept. 451 00:20:38,080 --> 00:20:44,440 It's not a new concept but they really 452 00:20:39,600 --> 00:20:44,440 systemized it. It's called contract law. 453 00:20:45,440 --> 00:20:50,640 All right. So there's a famous British 454 00:20:47,679 --> 00:20:53,039 philosopher named John Loach 455 00:20:50,640 --> 00:20:55,840 and he said that what is government for? 456 00:20:53,039 --> 00:20:59,600 Government is provides the alienable 457 00:20:55,840 --> 00:21:02,320 right to life, liberty and the pursuit 458 00:20:59,600 --> 00:21:04,480 of property. All right. What that means 459 00:21:02,320 --> 00:21:06,400 is a government ensures you three 460 00:21:04,480 --> 00:21:08,880 rights. We will protect your safety. 461 00:21:06,400 --> 00:21:10,400 We'll make sure you won't die. 462 00:21:08,880 --> 00:21:12,480 Okay. We will make sure you have the 463 00:21:10,400 --> 00:21:14,320 right to do whatever you want, liberty. 464 00:21:12,480 --> 00:21:17,120 And also we will protect your private 465 00:21:14,320 --> 00:21:17,120 property. 466 00:21:18,960 --> 00:21:26,000 Okay. The entire purpose of parliament 467 00:21:23,840 --> 00:21:27,919 and the courts, okay, the judicial 468 00:21:26,000 --> 00:21:29,840 system is to ensure that your private 469 00:21:27,919 --> 00:21:33,280 property is protected no matter where 470 00:21:29,840 --> 00:21:35,039 your private property came from. Okay? 471 00:21:33,280 --> 00:21:37,120 It doesn't matter. They don't care what 472 00:21:35,039 --> 00:21:38,799 the origin of private property is. Okay? 473 00:21:37,120 --> 00:21:40,799 So, like if you're French and you killed 474 00:21:38,799 --> 00:21:44,000 a million people to steal a million 475 00:21:40,799 --> 00:21:45,280 gold, they don't care. It's yours. It's 476 00:21:44,000 --> 00:21:48,720 private. 477 00:21:45,280 --> 00:21:51,280 Okay. If if if it's if it's and they 478 00:21:48,720 --> 00:21:54,600 believe that this private property comes 479 00:21:51,280 --> 00:21:54,600 from God. 480 00:21:55,039 --> 00:22:01,440 All right. This is yours because God 481 00:21:58,320 --> 00:22:04,320 willed it to be yours and we England 482 00:22:01,440 --> 00:22:07,280 must protect it 483 00:22:04,320 --> 00:22:10,480 and they will do so through Parliament 484 00:22:07,280 --> 00:22:14,080 and through the court system. 485 00:22:10,480 --> 00:22:16,240 Okay? Does that make sense? So now 486 00:22:14,080 --> 00:22:20,080 if you're wealthy 487 00:22:16,240 --> 00:22:23,360 in Europe, you're now encouraged to go 488 00:22:20,080 --> 00:22:27,760 invest in England. Okay? And this 489 00:22:23,360 --> 00:22:30,320 creates a concept that today we call 490 00:22:27,760 --> 00:22:33,120 offshore 491 00:22:30,320 --> 00:22:35,200 financial center 492 00:22:33,120 --> 00:22:37,760 or 493 00:22:35,200 --> 00:22:40,080 OFC. Okay? So think of like Dubai or 494 00:22:37,760 --> 00:22:42,559 Hong Kong where they don't care where 495 00:22:40,080 --> 00:22:44,559 the money comes from. Okay, their legal 496 00:22:42,559 --> 00:22:47,760 system, the financial system system will 497 00:22:44,559 --> 00:22:49,919 help protect this money. Okay, also 498 00:22:47,760 --> 00:22:53,520 Switzerland. Okay, so Switzerland is a 499 00:22:49,919 --> 00:22:57,360 classic example. But England create this 500 00:22:53,520 --> 00:23:03,520 and they based their entire nation 501 00:22:57,360 --> 00:23:05,520 around this idea. Okay. Now the first 502 00:23:03,520 --> 00:23:09,200 major test 503 00:23:05,520 --> 00:23:12,240 to the system was Napoleon 504 00:23:09,200 --> 00:23:15,120 because Napoleon was about to conquer 505 00:23:12,240 --> 00:23:19,280 Europe and England couldn't have that 506 00:23:15,120 --> 00:23:21,120 because if um Napoleon conquers Europe 507 00:23:19,280 --> 00:23:22,880 then Napoleon could control all the 508 00:23:21,120 --> 00:23:25,120 wealth of Europe. He could make sure 509 00:23:22,880 --> 00:23:27,039 that no wealth is transferred over to 510 00:23:25,120 --> 00:23:29,919 England. He he basically blockade 511 00:23:27,039 --> 00:23:33,360 England. So what Britain did was they 512 00:23:29,919 --> 00:23:36,000 financed seven wars against Napoleon and 513 00:23:33,360 --> 00:23:38,320 they lost six of these wars and they won 514 00:23:36,000 --> 00:23:42,799 the last war which quit the British 515 00:23:38,320 --> 00:23:45,360 Empire. Okay. So now Britain is a global 516 00:23:42,799 --> 00:23:49,600 financial empire. Okay. So this is a 517 00:23:45,360 --> 00:23:52,559 East India company. Okay. And the East 518 00:23:49,600 --> 00:23:55,120 Indian company uh it's based in Britain 519 00:23:52,559 --> 00:23:57,679 and like the Bank of England is private 520 00:23:55,120 --> 00:24:02,720 and what it does is it primarily engages 521 00:23:57,679 --> 00:24:05,200 in trade it with India as well as the 522 00:24:02,720 --> 00:24:09,840 East Indies. Okay. 523 00:24:05,200 --> 00:24:12,320 Um so what England will do is they will 524 00:24:09,840 --> 00:24:15,679 colonize India and steal all the wealth 525 00:24:12,320 --> 00:24:18,320 of India primarily by de-industrializing 526 00:24:15,679 --> 00:24:24,400 India. So India had textile factories 527 00:24:18,320 --> 00:24:28,320 but England uh through a lot of um um 528 00:24:24,400 --> 00:24:29,520 policies just bankrupt the India textile 529 00:24:28,320 --> 00:24:31,360 industry and transferred over to 530 00:24:29,520 --> 00:24:32,799 England. Okay. So now what's going to 531 00:24:31,360 --> 00:24:36,960 happen is this what's going to happen is 532 00:24:32,799 --> 00:24:40,000 that uh resources from England sorry 533 00:24:36,960 --> 00:24:41,279 resources from India okay agricultural 534 00:24:40,000 --> 00:24:43,120 products resources are going to transfer 535 00:24:41,279 --> 00:24:46,799 over to England. England is is going to 536 00:24:43,120 --> 00:24:50,000 with its factories make goods for India. 537 00:24:46,799 --> 00:24:53,679 So basically the entire deal is 538 00:24:50,000 --> 00:24:56,799 we Britain give you India $10 and India 539 00:24:53,679 --> 00:24:59,840 you give $1,000. Okay. So every so 540 00:24:56,799 --> 00:25:01,279 basically we give you a dollar for the 541 00:24:59,840 --> 00:25:04,480 goods you give us and and then you pay 542 00:25:01,279 --> 00:25:07,440 us $1,000 for the goods we give you. 543 00:25:04,480 --> 00:25:10,880 Okay. So very quickly this backup 544 00:25:07,440 --> 00:25:13,360 England but not only uh sorry this sorry 545 00:25:10,880 --> 00:25:16,320 this back to India. Okay but not only 546 00:25:13,360 --> 00:25:21,679 that but you also have China as well and 547 00:25:16,320 --> 00:25:25,440 the same idea was the opium went into 548 00:25:21,679 --> 00:25:28,880 uh China and then silver and money went 549 00:25:25,440 --> 00:25:30,559 back to England. 550 00:25:28,880 --> 00:25:34,799 Okay. 551 00:25:30,559 --> 00:25:38,559 And then this money was allowed to go 552 00:25:34,799 --> 00:25:40,960 over to the United States. The United 553 00:25:38,559 --> 00:25:45,600 States industrialized very quickly 554 00:25:40,960 --> 00:25:51,360 because of this policy. Now the question 555 00:25:45,600 --> 00:25:53,760 is how was England able to do this? How 556 00:25:51,360 --> 00:25:55,840 is England able to create a system in 557 00:25:53,760 --> 00:25:59,200 which India and China basically 558 00:25:55,840 --> 00:26:03,279 voluntarily gave up its wealth? And the 559 00:25:59,200 --> 00:26:05,600 answer is England simply game that 560 00:26:03,279 --> 00:26:07,120 incentivize the local elites to 561 00:26:05,600 --> 00:26:08,640 cooperate 562 00:26:07,120 --> 00:26:14,159 with 563 00:26:08,640 --> 00:26:17,600 um England. Okay. So this is the way um 564 00:26:14,159 --> 00:26:20,600 this is what happened. So this is a map 565 00:26:17,600 --> 00:26:20,600 of 566 00:26:22,720 --> 00:26:29,919 uh the British Empire. Okay. So let's 567 00:26:24,960 --> 00:26:29,919 look at India and China. 568 00:26:30,640 --> 00:26:35,840 The local elites had to help the British 569 00:26:33,360 --> 00:26:38,559 do this. Okay, the local elites had to 570 00:26:35,840 --> 00:26:40,799 help the British steal. The question 571 00:26:38,559 --> 00:26:44,000 then is why would the local elites do 572 00:26:40,799 --> 00:26:45,919 that? Okay, and the reason why is 573 00:26:44,000 --> 00:26:47,360 remember from last class, the local 574 00:26:45,919 --> 00:26:49,840 local elites are in conflict with each 575 00:26:47,360 --> 00:26:55,039 other anyway. Okay? And what they're 576 00:26:49,840 --> 00:26:58,080 looking for is more power. And so what 577 00:26:55,039 --> 00:27:02,960 England said to local leads is if you 578 00:26:58,080 --> 00:27:05,120 help us, we will help you steal the gold 579 00:27:02,960 --> 00:27:07,360 from this country. 580 00:27:05,120 --> 00:27:08,960 Okay? Do you understand? 581 00:27:07,360 --> 00:27:11,919 Before 582 00:27:08,960 --> 00:27:13,279 if you were an elite and you lost a war 583 00:27:11,919 --> 00:27:16,000 or other people didn't like you, they 584 00:27:13,279 --> 00:27:18,000 could kill you. But now if you help the 585 00:27:16,000 --> 00:27:21,200 British, you can transfer your wealth 586 00:27:18,000 --> 00:27:23,200 and your children abroad. 587 00:27:21,200 --> 00:27:27,039 Okay? Does that make sense? 588 00:27:23,200 --> 00:27:28,960 So now what's going to happen is that 589 00:27:27,039 --> 00:27:31,840 the elite are going to be able to send 590 00:27:28,960 --> 00:27:35,799 their children and their wealth to the 591 00:27:31,840 --> 00:27:35,799 British Empire. Okay. 592 00:27:43,600 --> 00:27:47,760 Okay. And there are certain mechanisms 593 00:27:46,159 --> 00:27:49,919 that allow them to accomplish this. The 594 00:27:47,760 --> 00:27:54,640 first mechanism 595 00:27:49,919 --> 00:27:56,240 is of course um finance. 596 00:27:54,640 --> 00:27:57,919 Okay. 597 00:27:56,240 --> 00:27:59,919 So, 598 00:27:57,919 --> 00:28:02,880 not only are you allowed to transfer 599 00:27:59,919 --> 00:28:05,120 your capital to 600 00:28:02,880 --> 00:28:07,679 uh the United Kingdom and its colonies, 601 00:28:05,120 --> 00:28:10,480 but they will disguise it for you. This 602 00:28:07,679 --> 00:28:13,880 is what we call money laundering. Okay? 603 00:28:10,480 --> 00:28:13,880 Money laundering. 604 00:28:15,279 --> 00:28:19,679 So when you steal from your people, not 605 00:28:17,760 --> 00:28:22,000 only will Britain allow you to do this, 606 00:28:19,679 --> 00:28:23,840 but they will discuss it for you, okay? 607 00:28:22,000 --> 00:28:27,039 Through their offshore financial 608 00:28:23,840 --> 00:28:29,679 centers, including Hong Kong, Singapore, 609 00:28:27,039 --> 00:28:32,080 their lawyers will pretend that this 610 00:28:29,679 --> 00:28:33,919 money came from not from drugs, not from 611 00:28:32,080 --> 00:28:38,000 gambling, not from prostitution, but 612 00:28:33,919 --> 00:28:39,360 from restaurants, from 613 00:28:38,000 --> 00:28:40,640 real estate. Who cares? Okay? But 614 00:28:39,360 --> 00:28:42,480 they'll clean up for you. Okay? We call 615 00:28:40,640 --> 00:28:45,360 this money laundering. And then they 616 00:28:42,480 --> 00:28:46,880 will help you send it overseas where it 617 00:28:45,360 --> 00:28:48,320 becomes legitimate. Okay. So now you 618 00:28:46,880 --> 00:28:53,559 have real estate investments in 619 00:28:48,320 --> 00:28:53,559 Australia or Canada. Okay. 620 00:28:54,159 --> 00:29:00,480 All right. So this is a global money 621 00:28:57,279 --> 00:29:04,080 laundering system that encourages the 622 00:29:00,480 --> 00:29:06,240 local elites to be corrupt. Okay. It 623 00:29:04,080 --> 00:29:07,760 protects them in the corruption and 624 00:29:06,240 --> 00:29:09,525 incentivizes them in the corruption. 625 00:29:07,760 --> 00:29:09,679 Okay? Does it make sense? 626 00:29:09,525 --> 00:29:11,919 >> [snorts] 627 00:29:09,679 --> 00:29:15,520 >> The second thing that allows this to 628 00:29:11,919 --> 00:29:18,320 happen is schooling. 629 00:29:15,520 --> 00:29:21,520 Okay. So what do I mean by that? The 630 00:29:18,320 --> 00:29:24,399 British when they conquered India and um 631 00:29:21,520 --> 00:29:27,200 China what they were trying to do is try 632 00:29:24,399 --> 00:29:30,399 to brainwash indoctrinite. So they set 633 00:29:27,200 --> 00:29:32,320 up these schools right 634 00:29:30,399 --> 00:29:33,840 and when you went to these schools what 635 00:29:32,320 --> 00:29:36,480 what what did you learn? You learn 636 00:29:33,840 --> 00:29:39,279 English. But when you learn English what 637 00:29:36,480 --> 00:29:41,760 do you learn? You learn that British 638 00:29:39,279 --> 00:29:44,480 culture is superior to your local 639 00:29:41,760 --> 00:29:45,679 culture. Right? When you're learning 640 00:29:44,480 --> 00:29:47,360 English, you're learning about 641 00:29:45,679 --> 00:29:48,720 Shakespeare. You're learning about 642 00:29:47,360 --> 00:29:50,720 British philosophy. You're learning 643 00:29:48,720 --> 00:29:53,120 British history. And as a result, you 644 00:29:50,720 --> 00:29:54,720 slowly come to believe that the British 645 00:29:53,120 --> 00:29:57,679 are superior to us. And therefore, I 646 00:29:54,720 --> 00:30:00,880 should try my best to be British. 647 00:29:57,679 --> 00:30:04,880 Okay? And also, what's really important 648 00:30:00,880 --> 00:30:07,120 is that the schooling system allows for 649 00:30:04,880 --> 00:30:10,080 mobility. 650 00:30:07,120 --> 00:30:13,919 Okay. [snorts] So, if you are a really 651 00:30:10,080 --> 00:30:16,880 smart person in China, 652 00:30:13,919 --> 00:30:19,279 well, there's really little mobility for 653 00:30:16,880 --> 00:30:20,720 you in China. But if you go for the 654 00:30:19,279 --> 00:30:22,399 British system, you might win a 655 00:30:20,720 --> 00:30:24,720 scholarship to go study at Oxford or 656 00:30:22,399 --> 00:30:27,960 Cambridge. Okay? You even might become a 657 00:30:24,720 --> 00:30:27,960 world scholar. 658 00:30:28,320 --> 00:30:35,600 So, a world scholar, it's a basically a 659 00:30:32,080 --> 00:30:39,840 secret society. Okay guys, but the idea 660 00:30:35,600 --> 00:30:41,760 is that all over the British Empire, the 661 00:30:39,840 --> 00:30:43,840 very best students will be selected to 662 00:30:41,760 --> 00:30:47,440 go to Oxford where they become best 663 00:30:43,840 --> 00:30:48,640 friends. Okay, and their mission will be 664 00:30:47,440 --> 00:30:52,080 to spread the power of the British 665 00:30:48,640 --> 00:30:55,679 Empire all around the world 666 00:30:52,080 --> 00:30:58,399 and it works really well. Okay, this is 667 00:30:55,679 --> 00:31:00,559 an indoctrination system for local 668 00:30:58,399 --> 00:31:01,760 elites and it it works really well 669 00:31:00,559 --> 00:31:03,840 because remember if you're a really 670 00:31:01,760 --> 00:31:05,360 smart person, 671 00:31:03,840 --> 00:31:08,320 the British offer you more opportunities 672 00:31:05,360 --> 00:31:10,640 for mobility than your own country 673 00:31:08,320 --> 00:31:13,039 because in your own country the system 674 00:31:10,640 --> 00:31:14,799 is very hierarchal. It's static. There's 675 00:31:13,039 --> 00:31:16,320 really no mobility, right? [snorts] But 676 00:31:14,799 --> 00:31:17,360 if you're really smart and you obey the 677 00:31:16,320 --> 00:31:19,039 British and you believe that the British 678 00:31:17,360 --> 00:31:20,559 culture is the very best in the world, 679 00:31:19,039 --> 00:31:21,919 you might become a world scholar and 680 00:31:20,559 --> 00:31:24,000 then you become part of the British 681 00:31:21,919 --> 00:31:28,000 Empire. Okay? 682 00:31:24,000 --> 00:31:29,279 And that's how the British were able to 683 00:31:28,000 --> 00:31:33,360 conquer the world. And the third thing, 684 00:31:29,279 --> 00:31:36,320 of course, is the navy. 685 00:31:33,360 --> 00:31:38,640 Basically, the navy ensured that Britain 686 00:31:36,320 --> 00:31:39,919 was the greatest military power in the 687 00:31:38,640 --> 00:31:41,360 world. If they didn't like you, they 688 00:31:39,919 --> 00:31:42,799 would come and destroy you. Okay? That's 689 00:31:41,360 --> 00:31:44,320 what happened to China during the open 690 00:31:42,799 --> 00:31:48,640 wars. There's nothing that could destroy 691 00:31:44,320 --> 00:31:51,039 the navy. And so these three things okay 692 00:31:48,640 --> 00:31:53,360 finance the bank of England basically 693 00:31:51,039 --> 00:31:56,000 schooling or the idea of soft power 694 00:31:53,360 --> 00:31:58,320 British culture English okay and the 695 00:31:56,000 --> 00:32:00,640 third thing is the navy created really 696 00:31:58,320 --> 00:32:05,679 the world's first great world empire so 697 00:32:00,640 --> 00:32:10,320 as you can see Britain spread all around 698 00:32:05,679 --> 00:32:12,000 the world okay and this and so even 699 00:32:10,320 --> 00:32:14,320 though 700 00:32:12,000 --> 00:32:16,480 the British Empire is no longer around 701 00:32:14,320 --> 00:32:20,320 it's now the American empire higher even 702 00:32:16,480 --> 00:32:22,559 though the opium trade has stopped. 703 00:32:20,320 --> 00:32:26,240 What's important for us to understand is 704 00:32:22,559 --> 00:32:27,840 the game is still being played today. 705 00:32:26,240 --> 00:32:30,000 Okay. 706 00:32:27,840 --> 00:32:34,559 So let let me give you an example of 707 00:32:30,000 --> 00:32:38,080 this. This is a drug trade in the world. 708 00:32:34,559 --> 00:32:39,600 Okay. And as you can see the drug trade, 709 00:32:38,080 --> 00:32:40,799 okay, primary cocaine. We're talking 710 00:32:39,600 --> 00:32:41,919 about cocaine. There are other types of 711 00:32:40,799 --> 00:32:44,720 drugs as well, but let's focus on 712 00:32:41,919 --> 00:32:46,320 cocaine. You can see it's a global 713 00:32:44,720 --> 00:32:48,399 network. 714 00:32:46,320 --> 00:32:51,760 Um 715 00:32:48,399 --> 00:32:53,919 just like a lot of cocaine is produced 716 00:32:51,760 --> 00:32:57,279 in 717 00:32:53,919 --> 00:33:00,480 Colombia and South America 718 00:32:57,279 --> 00:33:04,799 and then it just travels all around the 719 00:33:00,480 --> 00:33:08,399 world. It's a very sophisticated 720 00:33:04,799 --> 00:33:10,000 system of trade. Okay. But what you need 721 00:33:08,399 --> 00:33:11,840 you you need to understand is none of 722 00:33:10,000 --> 00:33:16,559 this would be possible without the 723 00:33:11,840 --> 00:33:19,279 British financial and legal system. 724 00:33:16,559 --> 00:33:21,039 Okay? Because like why are they why are 725 00:33:19,279 --> 00:33:23,840 people taking such a risk and selling 726 00:33:21,039 --> 00:33:26,799 drugs? Because it's so lucrative. It's 727 00:33:23,840 --> 00:33:30,480 so profitable. But you can only have 728 00:33:26,799 --> 00:33:32,640 this market if it's being protected by a 729 00:33:30,480 --> 00:33:35,039 legal and financial system. Okay? People 730 00:33:32,640 --> 00:33:36,399 only participate in this trade. It's 731 00:33:35,039 --> 00:33:38,399 dangerous. But they only participate 732 00:33:36,399 --> 00:33:40,320 participate in this trade if they can be 733 00:33:38,399 --> 00:33:42,240 guaranteed that they can make a lot of 734 00:33:40,320 --> 00:33:44,720 money then and they can use this money 735 00:33:42,240 --> 00:33:49,840 and protect this money. Okay. So what 736 00:33:44,720 --> 00:33:51,600 protects this money of course is the 737 00:33:49,840 --> 00:33:53,200 offshore 738 00:33:51,600 --> 00:33:57,039 financial 739 00:33:53,200 --> 00:33:59,679 centers. Okay. So the green areas in the 740 00:33:57,039 --> 00:34:01,760 world in which you can place your money. 741 00:33:59,679 --> 00:34:03,519 They won't ask where the money came 742 00:34:01,760 --> 00:34:05,679 from. They don't care where the money 743 00:34:03,519 --> 00:34:07,360 came from and they will clean it up for 744 00:34:05,679 --> 00:34:09,200 you. Okay? Money laundering. They will 745 00:34:07,360 --> 00:34:11,839 use their sophisticated legal and 746 00:34:09,200 --> 00:34:13,440 financial systems to clean up your money 747 00:34:11,839 --> 00:34:16,399 and then they will help you invest it 748 00:34:13,440 --> 00:34:18,560 elsewhere. Okay? Does it make sense? So 749 00:34:16,399 --> 00:34:20,159 this is So guess what? Look at this 750 00:34:18,560 --> 00:34:24,800 guys. 751 00:34:20,159 --> 00:34:26,480 Where are the major um global financial 752 00:34:24,800 --> 00:34:30,480 offshore centers? Well, they're in the 753 00:34:26,480 --> 00:34:35,040 Caribbean. Okay? They're in Panama. 754 00:34:30,480 --> 00:34:38,399 They are in uh northern Europe. They are 755 00:34:35,040 --> 00:34:42,159 in the Middle East. They are in 756 00:34:38,399 --> 00:34:45,200 Southeast Asia. Hong Kong, Singapore, 757 00:34:42,159 --> 00:34:48,480 Japan. Guess what guys? This used to be 758 00:34:45,200 --> 00:34:50,720 the former British Empire. 759 00:34:48,480 --> 00:34:53,839 Okay. So the British Empire is still 760 00:34:50,720 --> 00:34:56,960 around today, but they they transform 761 00:34:53,839 --> 00:34:59,680 from one that is overt and that is that 762 00:34:56,960 --> 00:35:03,599 uses military power in order to control 763 00:34:59,680 --> 00:35:05,920 the world to one that is covert, that is 764 00:35:03,599 --> 00:35:08,400 secret, and that uses financial and 765 00:35:05,920 --> 00:35:10,720 legal means in order to control the 766 00:35:08,400 --> 00:35:14,240 world. Okay? And it's still the game 767 00:35:10,720 --> 00:35:16,240 that we play today. 768 00:35:14,240 --> 00:35:18,400 All right? Now [clears throat] 769 00:35:16,240 --> 00:35:20,160 um there's a question that someone asked 770 00:35:18,400 --> 00:35:22,640 me. Okay, it's a very good question. The 771 00:35:20,160 --> 00:35:24,800 question is this. If offshore financial 772 00:35:22,640 --> 00:35:28,480 centers like Hong Kong and Dubai are so 773 00:35:24,800 --> 00:35:33,040 profitable and it's such easy money, why 774 00:35:28,480 --> 00:35:34,960 doesn't everyone do it right and and the 775 00:35:33,040 --> 00:35:36,480 it's it's the it's a it's a good 776 00:35:34,960 --> 00:35:39,599 question, okay? And the logic is very 777 00:35:36,480 --> 00:35:42,000 simple. We know that gambling, 778 00:35:39,599 --> 00:35:44,240 prostitution, human trafficking, 779 00:35:42,000 --> 00:35:46,560 slavery, all profitable. Why does 780 00:35:44,240 --> 00:35:49,560 everyone do it? Because it's immoral. 781 00:35:46,560 --> 00:35:49,560 Okay? 782 00:35:49,760 --> 00:35:55,680 As a society, you need morality in 783 00:35:53,359 --> 00:35:58,240 create energy, 784 00:35:55,680 --> 00:36:01,280 openness, and cohesion, 785 00:35:58,240 --> 00:36:03,760 right? People want to feel as though 786 00:36:01,280 --> 00:36:05,599 they're part of something good that 787 00:36:03,760 --> 00:36:08,400 they're that we're serving for a higher 788 00:36:05,599 --> 00:36:10,640 cause. And if you're all about slavery 789 00:36:08,400 --> 00:36:12,560 or prostitution or gambling or money 790 00:36:10,640 --> 00:36:14,160 laundering, people won't feel good about 791 00:36:12,560 --> 00:36:15,760 themselves. In fact, the souls become 792 00:36:14,160 --> 00:36:17,440 corrupted. Okay, so the classic example 793 00:36:15,760 --> 00:36:19,520 is like Hong Kong, right? Have you guys 794 00:36:17,440 --> 00:36:20,880 been to Hong Kong? One of the wealthiest 795 00:36:19,520 --> 00:36:23,200 cities in the world, right? Lots and 796 00:36:20,880 --> 00:36:25,440 lots of skyscrapers. But guess what? The 797 00:36:23,200 --> 00:36:27,280 people there are disgusting. They're 798 00:36:25,440 --> 00:36:29,040 depraved. They're unethical. They're 799 00:36:27,280 --> 00:36:30,880 disgusting. There's actually no culture 800 00:36:29,040 --> 00:36:33,040 to the place. There's no morality to the 801 00:36:30,880 --> 00:36:35,119 place. It's actually disgusting. Okay? I 802 00:36:33,040 --> 00:36:37,440 don't want to live there. 803 00:36:35,119 --> 00:36:41,119 And if you live there, guess what? Your 804 00:36:37,440 --> 00:36:43,200 soul is going to become corrupted. So 805 00:36:41,119 --> 00:36:46,160 this is almost you would say this is a 806 00:36:43,200 --> 00:36:48,880 demonic system. 807 00:36:46,160 --> 00:36:50,960 This system is not only evil but it 808 00:36:48,880 --> 00:36:54,240 facilitates evil. It is the work of 809 00:36:50,960 --> 00:36:58,720 Satan. Okay. But unfortunately this is a 810 00:36:54,240 --> 00:37:01,760 system that we live in today. 811 00:36:58,720 --> 00:37:03,839 Um, so even though everyone will say 812 00:37:01,760 --> 00:37:07,119 this isn't demonic, it really it's 813 00:37:03,839 --> 00:37:10,480 really underpins the world today because 814 00:37:07,119 --> 00:37:13,760 if you think about it, okay, okay, all 815 00:37:10,480 --> 00:37:16,240 this corrupt money from China, 816 00:37:13,760 --> 00:37:18,560 uh, India, 817 00:37:16,240 --> 00:37:20,800 uh, Malaysia, they go to these places. 818 00:37:18,560 --> 00:37:23,839 But then this money then goes goes 819 00:37:20,800 --> 00:37:27,920 where? It goes over to Australia to 820 00:37:23,839 --> 00:37:30,160 invest in real estate. Okay, 821 00:37:27,920 --> 00:37:33,040 do you guys know what 822 00:37:30,160 --> 00:37:34,800 the biggest industry in Australia is? 823 00:37:33,040 --> 00:37:37,680 It's banking. 824 00:37:34,800 --> 00:37:39,920 Okay, banking. Which means that 825 00:37:37,680 --> 00:37:41,359 Australia also engages in money 826 00:37:39,920 --> 00:37:43,599 laundering, but they clean it up. So 827 00:37:41,359 --> 00:37:45,839 people aren't aware of this. Do you 828 00:37:43,599 --> 00:37:50,560 understand? But same happens in Canada 829 00:37:45,839 --> 00:37:54,400 as well. Canada, United States as well. 830 00:37:50,560 --> 00:37:56,720 So this entire world it's based on 831 00:37:54,400 --> 00:37:58,800 stealing from the third world and 832 00:37:56,720 --> 00:38:00,960 transferring this money to the first 833 00:37:58,800 --> 00:38:02,720 world. That's all it is. Okay? It's that 834 00:38:00,960 --> 00:38:05,200 complicated. 835 00:38:02,720 --> 00:38:08,880 But this has led to a huge problem. The 836 00:38:05,200 --> 00:38:11,880 problem is what we call over 837 00:38:08,880 --> 00:38:11,880 financialization. 838 00:38:12,720 --> 00:38:17,359 But over financialization, 839 00:38:15,680 --> 00:38:20,560 it's a very similar concept where 840 00:38:17,359 --> 00:38:24,160 there's too much money. So people become 841 00:38:20,560 --> 00:38:26,640 corrupt, lazy, arrogant, and insular. 842 00:38:24,160 --> 00:38:30,800 And that's what's happening in Canada, 843 00:38:26,640 --> 00:38:32,560 in United States, in Britain, in 844 00:38:30,800 --> 00:38:37,839 Australia. 845 00:38:32,560 --> 00:38:40,480 Okay? And so really, an empire 846 00:38:37,839 --> 00:38:42,960 must collapse at some point. So the 847 00:38:40,480 --> 00:38:45,200 British, the western world, they are a 848 00:38:42,960 --> 00:38:47,520 victim of their own success. Okay? So 849 00:38:45,200 --> 00:38:49,680 they stole all this money from the rest 850 00:38:47,520 --> 00:38:51,920 of the world. But this money has made 851 00:38:49,680 --> 00:38:54,079 the past made their people lazy, 852 00:38:51,920 --> 00:38:56,480 corrupt, and arrogant. And that's why 853 00:38:54,079 --> 00:39:02,560 we're seeing so much conflict right now 854 00:38:56,480 --> 00:39:07,040 in the western world because this um 855 00:39:02,560 --> 00:39:09,599 um money has created a lot of inequality 856 00:39:07,040 --> 00:39:13,280 in the world in the western world right 857 00:39:09,599 --> 00:39:16,000 where maybe 1% of all the money 9% have 858 00:39:13,280 --> 00:39:19,359 very little to get by on but you also 859 00:39:16,000 --> 00:39:22,000 have a lot of corruption where the 860 00:39:19,359 --> 00:39:24,320 political system no longer serves the 861 00:39:22,000 --> 00:39:28,000 interest of the people. They only serve 862 00:39:24,320 --> 00:39:31,440 the interests of the rich. Okay? And 863 00:39:28,000 --> 00:39:34,400 then you will also have immorality 864 00:39:31,440 --> 00:39:35,680 where nowadays people only concerned 865 00:39:34,400 --> 00:39:39,119 about making money. They don't want to 866 00:39:35,680 --> 00:39:41,680 contribute to the community. Okay. So 867 00:39:39,119 --> 00:39:43,280 yes, we can say that the western world 868 00:39:41,680 --> 00:39:45,280 it's evil because they've stolen all 869 00:39:43,280 --> 00:39:46,880 this money. But really what what's 870 00:39:45,280 --> 00:39:48,240 happened is that they've corrupt 871 00:39:46,880 --> 00:39:49,839 corrupted and destroyed themselves 872 00:39:48,240 --> 00:39:52,079 because this model has been too 873 00:39:49,839 --> 00:39:55,280 successful for them. Okay. And that's 874 00:39:52,079 --> 00:39:57,599 why we're seeing so much chaos in the 875 00:39:55,280 --> 00:40:00,240 world today. So, we are really at a game 876 00:39:57,599 --> 00:40:02,079 reset or a game's end and a new game is 877 00:40:00,240 --> 00:40:05,680 about to emerge because this game right 878 00:40:02,079 --> 00:40:08,920 now is not sustainable. Okay. All right. 879 00:40:05,680 --> 00:40:08,920 Any questions? 880 00:40:10,880 --> 00:40:16,320 Yeah. [clears throat] 881 00:40:13,119 --> 00:40:18,400 So if the success of western world leads 882 00:40:16,320 --> 00:40:22,000 to the corruption and you know the fall 883 00:40:18,400 --> 00:40:24,000 of western world can we generalize that 884 00:40:22,000 --> 00:40:28,520 you know after success people will fall 885 00:40:24,000 --> 00:40:28,520 then what's the meaning of success 886 00:40:30,960 --> 00:40:38,480 okay that's um a great question okay so 887 00:40:35,599 --> 00:40:41,839 if you know that 888 00:40:38,480 --> 00:40:46,000 you become successful you will not be 889 00:40:41,839 --> 00:40:50,800 happy. Why do people um go and succeed? 890 00:40:46,000 --> 00:40:53,760 And okay, this is a really um hard 891 00:40:50,800 --> 00:40:54,960 question to answer. Okay, so let me 892 00:40:53,760 --> 00:40:57,520 explain different layers. Okay, the 893 00:40:54,960 --> 00:40:59,280 first layer is this. 894 00:40:57,520 --> 00:41:01,359 Why 895 00:40:59,280 --> 00:41:03,040 people know that wealth doesn't lead to 896 00:41:01,359 --> 00:41:06,720 happiness, right? What leads to 897 00:41:03,040 --> 00:41:10,079 happiness is family, love, community, 898 00:41:06,720 --> 00:41:12,000 meaning, purpose, generosity. Okay, 899 00:41:10,079 --> 00:41:13,680 that's what leads to happiness. The 900 00:41:12,000 --> 00:41:15,599 happiest people in the world tend to be 901 00:41:13,680 --> 00:41:17,839 religious. They tend to have families 902 00:41:15,599 --> 00:41:19,920 and they tend to be very kindhearted 903 00:41:17,839 --> 00:41:22,160 people. 904 00:41:19,920 --> 00:41:26,079 So why do why do we have rich people? 905 00:41:22,160 --> 00:41:28,480 Because a game is structured 906 00:41:26,079 --> 00:41:32,000 so that everyone is forced to play. 907 00:41:28,480 --> 00:41:34,640 Okay? Meaning that 908 00:41:32,000 --> 00:41:36,880 um we only care about people like Ellen 909 00:41:34,640 --> 00:41:40,480 Musk or Jeff Bezos or Mark Zuckerberg. 910 00:41:36,880 --> 00:41:42,960 We we worship the rich. Okay. Um, and we 911 00:41:40,480 --> 00:41:44,960 hate the poor. So, if you're homeless, 912 00:41:42,960 --> 00:41:48,720 we think it's because you deserve it. 913 00:41:44,960 --> 00:41:50,880 Because you're lazy, it's because you 914 00:41:48,720 --> 00:41:52,560 refuse to work. Okay. So, the game is 915 00:41:50,880 --> 00:41:54,720 set up so that we're focused on making 916 00:41:52,560 --> 00:41:57,040 money. Then the question then is why do 917 00:41:54,720 --> 00:41:59,599 you have this stupid game? And the 918 00:41:57,040 --> 00:42:03,119 answer, unfortunately, is that what we 919 00:41:59,599 --> 00:42:05,119 figured out is that this game in the 920 00:42:03,119 --> 00:42:06,079 short term, in the short term, not the 921 00:42:05,119 --> 00:42:08,400 long term, okay? We're talking like 922 00:42:06,079 --> 00:42:11,920 decades, not centuries. In the short 923 00:42:08,400 --> 00:42:14,640 term, it's what makes your people the 924 00:42:11,920 --> 00:42:17,280 most energetic, open, cohesive, and the 925 00:42:14,640 --> 00:42:18,560 most likely to win against other nation 926 00:42:17,280 --> 00:42:21,119 states. Okay? Does that make sense? So, 927 00:42:18,560 --> 00:42:22,240 in the long term, you get destroyed. 928 00:42:21,119 --> 00:42:24,640 Your people are destroyed. You're 929 00:42:22,240 --> 00:42:26,079 corrupt. You're corrupted by this game. 930 00:42:24,640 --> 00:42:29,200 But in the short term, it allows you to 931 00:42:26,079 --> 00:42:30,800 defeat other players. Okay? That's how 932 00:42:29,200 --> 00:42:32,960 the British were able to create the 933 00:42:30,800 --> 00:42:34,880 empire because they defeated the French, 934 00:42:32,960 --> 00:42:37,680 they defeat the Germans, they defeat the 935 00:42:34,880 --> 00:42:40,640 Russians. Okay? And that forces the 936 00:42:37,680 --> 00:42:45,359 other players to play this game as well 937 00:42:40,640 --> 00:42:47,920 because in the short term this game 938 00:42:45,359 --> 00:42:49,760 it um this game gives you huge 939 00:42:47,920 --> 00:42:52,560 advantages. Okay. So think of it's a 940 00:42:49,760 --> 00:42:56,880 zero sum game. Think of a Olympic game 941 00:42:52,560 --> 00:43:00,800 where okay, Evan's going and competing 942 00:42:56,880 --> 00:43:02,079 in the 100 meter sprint and we know you 943 00:43:00,800 --> 00:43:04,560 shouldn't do drugs because drugs will 944 00:43:02,079 --> 00:43:06,480 destroy your body, right? And you could 945 00:43:04,560 --> 00:43:07,760 have a heart attack when you're 40. But 946 00:43:06,480 --> 00:43:09,920 they're like, "No, no, no. I really want 947 00:43:07,760 --> 00:43:12,079 to win this game." So they So one guy 948 00:43:09,920 --> 00:43:13,599 uses a drug and he wins. And the other 949 00:43:12,079 --> 00:43:16,720 players know about this and now they're 950 00:43:13,599 --> 00:43:19,440 forced to also use the same tactic. 951 00:43:16,720 --> 00:43:24,160 Okay? Do do you understand? So it's it's 952 00:43:19,440 --> 00:43:27,920 a really unfortunate system in that this 953 00:43:24,160 --> 00:43:29,839 system can only lead to the unhappiness, 954 00:43:27,920 --> 00:43:34,319 corruption, 955 00:43:29,839 --> 00:43:35,680 uh and immorality of people. But 956 00:43:34,319 --> 00:43:37,839 people are too concerned about 957 00:43:35,680 --> 00:43:40,640 short-term rewards. Okay? If you don't 958 00:43:37,839 --> 00:43:42,960 play this game, then you get eliminated. 959 00:43:40,640 --> 00:43:47,119 Okay? what I'll discuss in next class, 960 00:43:42,960 --> 00:43:50,160 okay, is uh the American Empire and how 961 00:43:47,119 --> 00:43:51,920 the American Empire changed this game, 962 00:43:50,160 --> 00:43:54,160 right? So, what the American Empire will 963 00:43:51,920 --> 00:43:55,760 do is it will add US dollars to this 964 00:43:54,160 --> 00:43:57,680 game. And it's important because it 965 00:43:55,760 --> 00:44:01,760 makes the game universal now as well as 966 00:43:57,680 --> 00:44:04,480 easier to play. Okay? And then we'll 967 00:44:01,760 --> 00:44:07,760 look at how the system capitalism 968 00:44:04,480 --> 00:44:13,040 conquered the world. Okay? So, so it's a 969 00:44:07,760 --> 00:44:16,240 great question, but the reality is that 970 00:44:13,040 --> 00:44:18,240 um if you cheat, if you do bad things, 971 00:44:16,240 --> 00:44:21,119 in the short term, you will win out even 972 00:44:18,240 --> 00:44:22,880 though in the long term it will lead to 973 00:44:21,119 --> 00:44:25,839 severe consequences for you and your 974 00:44:22,880 --> 00:44:27,599 people. Okay, does it make sense? Okay. 975 00:44:25,839 --> 00:44:29,359 I mean, and it's also the same thing as 976 00:44:27,599 --> 00:44:31,599 like you [snorts] know rich people, 977 00:44:29,359 --> 00:44:32,880 right? Rich people to get rich, they 978 00:44:31,599 --> 00:44:34,480 will sacrifice their children's 979 00:44:32,880 --> 00:44:36,400 happiness. They will sacrifice their own 980 00:44:34,480 --> 00:44:39,200 happiness. 981 00:44:36,400 --> 00:44:41,520 But but they think that this will lead 982 00:44:39,200 --> 00:44:44,560 to happiness in the future. It won't, 983 00:44:41,520 --> 00:44:47,920 but but they believe it. Okay. So that's 984 00:44:44,560 --> 00:44:48,800 the great tragedy of this game. Does 985 00:44:47,920 --> 00:44:53,319 that make sense? 986 00:44:48,800 --> 00:44:53,319 >> Okay. Good. Any more questions? 987 00:44:53,520 --> 00:44:58,599 Okay. Good. So we'll continue this next 988 00:44:55,280 --> 00:44:58,599 class. Okay. 69108

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