Economics, Democracy, & The New World Order | Danny Quah | TEDxKL

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  • čas přidán 1. 04. 2015
  • The west historically have been dominating the global economy. With the rise of China and Asia, how would the world change with the new center of economy being a non Western and European focus.
    Danny Quah is Professor of Economics and International Development at the London School of Economics and Political Science, and Director of the Southeast Asia Centre at LSE’s new Institute of Global Affairs. He had previously served as LSE’s Head of Department for Economics and Council Member on Malaysia’s National Economic Advisory Council.
    Quah is Tan Chin Tuan Visiting Professor at the National University of Singapore, and lectures regularly at Peking University. He studied at Princeton, Minnesota, and Harvard, and was Assistant Professor in the Economics Department at MIT before joining LSE.
    Quah gave the third LSE-NUS lecture in 2013, a TEDxLSE lecture in 2012, and the Inaugural LSE Big Questions Lecture in 2011. His current research focuses on the shifting global economy and the rise of the east.
    This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at ted.com/tedx

Komentáře • 248

  • @michaeljohnson1117
    @michaeljohnson1117 Před 4 lety +127

    Funny how forcing rural people to denounce their ancestral belief and stop living off the land and start working in factory's is considered "bringing them out of poverty".

    • @sirloksley7772
      @sirloksley7772 Před 3 lety +3

      They make more dollars.

    • @denasedaghat1122
      @denasedaghat1122 Před 3 lety +1

      Exactly

    • @simonkaung3382
      @simonkaung3382 Před 3 lety

      I sincerely urge you to visit China and see for yourself and perhaps interview the people there before coming to a conclusion.

    • @cinnamongirl5410
      @cinnamongirl5410 Před 3 lety +4

      @@simonkaung3382 how many days a month are the workers allowed to leave the facility and visit their family

    • @misskathy4931
      @misskathy4931 Před 3 lety +4

      @@cinnamongirl5410 they are slaves...no freedom

  • @Nativegirl1985
    @Nativegirl1985 Před 3 lety +100

    I DO NOT WANT A SYSTEM!! I WANT TO REFORM SOCIETY TO LOVE ONE ANOTHER AND TREAT OTHERS AS THEY WANT TO BE TREATED! WHO'S WITH ME? 💪🏽💪🏼💪🏿🔥♥️

    • @Nativegirl1985
      @Nativegirl1985 Před 3 lety +2

      @Jude Richards 👏😂 nice

    • @jawz2005
      @jawz2005 Před 3 lety +6

      @@Nativegirl1985 unfortunately we are ruled by elites who want nothing to do with equality

    • @Nativegirl1985
      @Nativegirl1985 Před 3 lety +2

      @@jawz2005 unless we all just stop working, reject the system of money, and grow our own food. So far, I'm halfway there 😜 a better world is possible, if you're brave enough.

    • @denasedaghat1122
      @denasedaghat1122 Před 3 lety +1

      Unfortunately there's not up to us to decide.

    • @Nativegirl1985
      @Nativegirl1985 Před 3 lety +2

      @@denasedaghat1122 if we COLLECTIVELY refuse this system, we can create a better one.

  • @michaeljohnson1117
    @michaeljohnson1117 Před 4 lety +18

    The whole problem is that any group thinks it is the one who should "run the world". No matter how many are in a group, you only get to " run" yourselves. No matter what part of the world you are in, the people who live there should run that part of the world and only that part, it is no one groups job to decide how the rest of the world should be.

  • @tot3mpted
    @tot3mpted Před 4 lety +46

    everything he says is coming into fruition

    • @ssallyj
      @ssallyj Před 3 lety +6

      Bet at the time and possibly even now would have been ridiculed.
      So many people are brainwashed and so readily buy the 'sugar coated Sales Pitch'.
      Wake up people.
      We are all dangerously close to enslavement and poverty.

    • @misskathy4931
      @misskathy4931 Před 3 lety +4

      New world order is not the answer to happiness. It's slavery. It's been tried several xs in ancient history that ended in destruction and death. Why? Because man gets corrupted with power over others. We knew man would try this one last time. 1/3 will die according to ancients. We just don't learn. Nothing new under the sun

    • @ChillCat665
      @ChillCat665 Před 9 měsíci

      China won't overtake America if Trump or Vivek or both are elected. The new world order is supposed to be a conspiracy theory but now we are seeing it unfold as CONSPIRACY FACT. The new world order wants you to own NOTHING AND EAT CRICKETS and one of the leaders is clause schwab but that is just who we have identified

    • @ChillCat665
      @ChillCat665 Před 9 měsíci

      This guy tries to say china is a liberal Democracy but the sad fact is real liberal Democracy is pushing for world totalitarian government

  • @md.jahangiralam1509
    @md.jahangiralam1509 Před rokem +1

    I am really grateful to be a fair listener........

  • @douglaspalenschat7451
    @douglaspalenschat7451 Před 3 lety +67

    “Let me tell you how to think.” He lost me right there.
    🤓

    • @EchadLevShtim
      @EchadLevShtim Před 3 lety

      Oh, we can't have smart getting in the way of the NWO plan. Tisk Tisk

    • @misskathy4931
      @misskathy4931 Před 3 lety +1

      Group think. "Just be nice little slaves...and give us your children"

  • @KampGallery
    @KampGallery Před 7 lety +23

    This talk is full of many "inconvenient truths" for us "Westerners" yet at the same time a remarkably transparent reading on the ambitions of the Chinese Communist Party. What is so frightening is how thoroughly convinced the professor is of his convictions that democracy is a sham. And to those who have an appreciation for the ironies of history, how closely this agenda echoes that of Japanese imperialist theory of the 1920's and 30's. And of course delivered in Kuala Lumpur. How did that work out for you in the 1940's professor? Too bad you can't ask your great grandfather because he'd set you straight.

  • @greatidea7808
    @greatidea7808 Před 4 lety +27

    After about 2 minutes in, I knew where this was going.

    • @gillwil
      @gillwil Před 4 lety

      I got as far as 2:33 marker..lol

  • @donfox1036
    @donfox1036 Před 6 lety +12

    Clearly democracy is not the only way. It is just the way most people want. But establishing a working democracy and maintaining it is a complicated business. It tends to look a lot like herding cats. This is because each of us thinks we know more than the next person how to proceed. We must all learn what Oliver Cromwell saw, when he said, “ In the bowels of Christ, think ye not that ye could be wrong?” Disregarding the Christian terminology, we must learn how to protect and help the poor and weak to be respected as human beings. In other words, focus on kindness, not on ego.

    • @meredithbrown4213
      @meredithbrown4213 Před 6 lety +1

      Thank you. You seem to be one of the only humans left who are able to see both sides of the argument. This is a key reason why democracies are so tricky...most people cannot compromise, their egos overshadow movement toward a greater good.

  • @mantonio121773
    @mantonio121773 Před 7 lety +20

    11:50 most important part.

    • @aguuaaa
      @aguuaaa Před 6 lety +11

      yeah, thats the part where he implies that it doesn't matter if a goverment massacre their ppl in an everlasting dictatorship as long as your country its growing 10%+
      can't believe TED invited this kind of facists

  • @mikecarbajal9699
    @mikecarbajal9699 Před 7 lety +9

    I love how free market capitalism means the government subsidizing the mortgage market. Free markets were first blamed for discriminating against low income borrowers so the government subsidized the sub prime market only to watch it collapse. Then they blame banks for preying on the people the banks were previously accused of discriminating against. The government, not the free market, failed.

    • @disgny
      @disgny Před 6 lety +2

      Mike; Since those with the Money control the "Governments", their Non-Free "Market" is not going to help most people much at all. The System works like Evolution in Reverse : it rewards thieves and swindlers, whether in government OR "Business".

    • @joshuajames2425
      @joshuajames2425 Před 4 lety

      The US has nothing even close to resembling a free market, when we did tho we the most prosperous country the world has and had ever seen

  • @bradmitchell1835
    @bradmitchell1835 Před 5 lety +11

    But those are not the only options. What the world needs now is not liberal democracy but social democracy, a system which is built upon the building of strong local communities of people who create the liberating structures. No top-down strategy is this ,but a bottom-up strategy that brings peoples' needs into the same sphere as their abilities and finds solutions for the differences.

  • @rgaleny
    @rgaleny Před 5 lety +5

    what culture should we make? will everyone aspire to be a consumer.? how should we live? what are our economic ends in social utility?

  • @agitacademy
    @agitacademy Před 3 lety +5

    That is why President Donald Trump is the best of both worlds..
    Cos, in nutshell , it's all about a better life for the majority

  • @jf7333
    @jf7333 Před 8 lety +21

    I just love the last part where he said that ASEAN+China+Japan are the majority of the world and any significant decision must be made by us.

    • @Nempty94
      @Nempty94 Před 8 lety +1

      +jf7333 global first past the post imminent

    • @lordmike9384
      @lordmike9384 Před 4 lety

      If the world ever agrees to global elections of any kind an electoral college will even the global ballot box.

    • @ssellesvalls
      @ssellesvalls Před 4 lety +1

      Propaganda

  • @ramyth1946
    @ramyth1946 Před 9 lety +6

    I define economics as O.E.C3.D3. (Organization for Economic Crises, Chaoses, Catastrophies Disasters, Dichotamy and Delusion as history has proved in the 1930s, 1990s and 2008 and forseen to repeat with cosmic rhythm in the years to come.

  • @noeu8414
    @noeu8414 Před 4 lety +9

    Deception sugar coated

  • @CarlosHernandezIsava
    @CarlosHernandezIsava Před 5 lety +34

    shameless State propaganda.

  • @mohithardikar5575
    @mohithardikar5575 Před 7 lety +4

    I partly agree with him. I come from India , the worlds largest democracy and a nation where ' liberalism ' is exercised quite heavily and I personally believe that actually hinders our economy . The issue is that the majority of people are illiterate and so the lack of a central authoritarian structure results is massive instability in a variety of socio-economic issues. For example , say the government wants to build a dam which will displace a community of 50 people . The media will rush to them , bring them in the spotlight and thanks to the public pressure , the project is canned. Now , answering the needs of 50 people resulted in the loss of billions . And that is the curse of a liberal democracy. And so , I believe that developing nations need to be a bit more centralised and authoritarian while growing ( And foreign investors will love that too , won't they )

    • @mroanderson8971
      @mroanderson8971 Před 7 lety +2

      This is something I can agree with however I think the issue lies not with the form of government but the media. Referring to your example of a socio-ecenomic issue where 50 people are to be removed from a village and the project is stopped due to social pressure therefore causing a lot more people to die as a result. The main question is where does this pressure come from? Well it comes from the media (doesn't matter the form of government the media is always more powerful).
      My point being that in a democracy the side the media want to win will always win, just as in dictatorship if the media are to gain from the dictators rule then that dictator will stay in power because of media support. The media own the governments because they control the people. So no matter the form of government the changes that need to be made in order for any economy to experience its full potential cant be made unless the media want those changes to be made which they don't because they don't want anyone else to get wealthier as the more wealthy people there are in the world the less wealthy they become themselves. So because a lot of people are minimally educated they will believe what the media are telling them and hence the cycle continues. Until the problem of the global media corruption is resolved the worlds nations will never know their full potential economically. I also believe the media are the reason we will never achieve world peace but that's another matter.

  • @waqasaps
    @waqasaps Před 6 lety +5

    The proposal in the end was a mind opener. Great speech ! Loved it

  • @cayetanosoler3432
    @cayetanosoler3432 Před 4 lety +3

    Half of the worlds wealth off of labour didnt disappear .Working and middle class money transferred into the top 1 % .....just look a the wealth figures .

  • @kanikahasija3537
    @kanikahasija3537 Před 4 lety +1

    In global economy people now are understanding the back logs. By giving work to much skilled foreign labor what will happen to native ones? Unemployment. Over population and lots of other issues are major concerns too and now covid-19. Globalization is not bad per se. If globalization is limited till exchange of technology and investments rather than labor.

  • @chickensoup9869
    @chickensoup9869 Před rokem +1

    It is not a prediction. It is a well laid out plan.

  • @learn_techie
    @learn_techie Před 7 lety +1

    where i can find his lectures ??

  • @jameskelly6479
    @jameskelly6479 Před 4 lety +10

    This Pied Piper plays with forked tongue.

  • @user-vx9wk5fd4h
    @user-vx9wk5fd4h Před 7 lety +11

    Lee Kuan Yew said democracy is a tool for destroying economic development, what is your comments?

    • @nicomartinez6589
      @nicomartinez6589 Před 7 lety +9

      Economic development is not exclusive to a singular political ideology. Singapore and China have impressive growth, but Danny Quah forgets that East Asia is more than China; democratic societies such as India and S. Korea have also shown significant economic growth. So I would not attribute economic success in Singapore and China to the structure of their respective governments, instead, economic growth there is resulting from the policies of their governments, which can be replicated regardless of structure.

    • @yub2.045
      @yub2.045 Před 4 lety

      Looking at what they did to the Middle East of spreading democracy, YES, absolutely
      It only made us here develop slower, people don't know what they're doing, and generally the countries which were forced to be democratic became ruined

    • @Louis13XIII
      @Louis13XIII Před 3 lety

      Lee Kuan Yew suffered of terrible illnesses for years before tragically dying.

  • @nikolasb6929
    @nikolasb6929 Před 3 lety +5

    How much do you guys think China paid him? I will acknowledge that the US and much of the West have a lot of issues and that the current neoliberal system is pretty bad but that doesn’t mean a one party state with limited freedoms is somehow the best way to go. Also, the economic growth of China is less due to some magical economic system and more due to the opening up of trade. I assure you once China becomes rich enough and stops growing very fast, the cracks in the system will start to show and it will be like the west is today.

  • @michiganbogie
    @michiganbogie Před 8 lety +6

    I want a copy of his map, "THE WORLD ACCORDING TO AMERICANS". Seriously....anyone know how to get one? Sometimes only humor will educate.

  • @armandos.rodriguez6608

    I keep updating,my info file,very interesting.

  • @wardrone8
    @wardrone8 Před 8 měsíci

    SOLUTION: No confidence vote should be constitutional against all laws and elected/appointed members able to be activated by any citizen or party members

  • @truezyf
    @truezyf Před 6 lety +6

    great speech.
    "we (gov) can't serve u well, our GDP growth this year may be.......1% perhaps? but don't worry, u get the vote!"

  • @ldf4064
    @ldf4064 Před 4 lety +1

    How about we decide about our own lives. Liberal Democracy and Centralized Decision-making are opposites, so to suggest some grouping of people on the other side of the world must decide for Africa is just another form of Colonialism. Been there, done that.

  • @george6696
    @george6696 Před 4 měsíci +1

    Let the Asian countries decide how they want the country, not the American and their western alliance,

  • @kenmetcalfe4513
    @kenmetcalfe4513 Před 4 lety +14

    This is a joke of a ted talk

  • @nicolasjacobs176
    @nicolasjacobs176 Před 4 lety +12

    Name one system that practices meritocracy

    • @itsallsausagetome4059
      @itsallsausagetome4059 Před 4 lety +2

      right now the Chinese officials are clearly chosen based on merits.

    • @wasiullahahmed977
      @wasiullahahmed977 Před 4 lety

      Islamism always practice meritocracy

    • @misskathy4931
      @misskathy4931 Před 3 lety +1

      Trump wanted that for USA, but globalist want power and enslavement, redistribution of wealth, where no one owns anything...just be good little slaves and be quiet

  • @SafetyMentalst
    @SafetyMentalst Před 3 měsíci +1

    Quantum computing for our nation
    All along with artificial intelligence
    Will it be way to much information
    A new world order to be of relevance
    Good or bad is to be its application

  • @jasontrofern4018
    @jasontrofern4018 Před rokem +1

    This guy does not know that China is a Communist dictatorship in its government, but has allowed a lot of Capitalism in its economy. Just because there is a form of Capitalism there does not make China a liberal democracy. Nonsense.

  • @brandongooden85
    @brandongooden85 Před 4 lety +3

    sure feels like America is becoming more like china to me

  • @donaldjtaylor5312
    @donaldjtaylor5312 Před 2 lety

    A,I shud pay income tax. Say 1 A,I replaced 500 worker's that are no longer pay income tax or spend muny in society. If A,I is taxed like Medical Marijuana industry in the United States. Because No Tax is No Social Services. A,I is ripping off Society.

  • @mementocatharsis9372
    @mementocatharsis9372 Před 4 lety +8

    Until you've been shown the fallacies of your culture, well, I don't have time for you. This guy is smart but if you read the comments you will find many cultural fallacies that he is not aware of speaking himself.

  • @tingless
    @tingless Před 5 lety +3

    He should join as one of the delegates for ASEAN like omg.

  • @chrise8442
    @chrise8442 Před 5 lety +1

    Global open boarders but a global economy based on a gold silver standard.

    • @bertbert1162
      @bertbert1162 Před 4 lety

      Chris E it’s going to be backed by a new stable coin, check out the XRPL ledger or the company Ripple I yoinks this will be happening soon.

  • @rkara2
    @rkara2 Před 5 lety +1

    Sociopolitical or economic responses are tribal responses or the feeling of separation, otherness or relatedness.
    In reality there is only one response or one event, culture or the Heart. In science it's called zero-point energy, spiritually it's called God.
    We as humankind (humans and non-humans) have to surrender ourselves to culture or God in order to 'serve' one another or these apparent tribal agreements or responses that are arising before us.
    So rather than sitting there feeling as if you have to sort the situation out sociopolitically or economically. You can in that moment "turn" the four faculties or surrender them to culture or God himself. And allow him to sort it out.
    !DA

  • @inachu
    @inachu Před 3 lety +2

    Cure to covid-19 is magnesium and vitamin d. Must take both together or it does not work.

    • @marlonbrando223
      @marlonbrando223 Před 3 lety +1

      So the cure for that virus... is a..
      Well balanced diet?! Haha, Wait till the WHO finds out about this!!

    • @misskathy4931
      @misskathy4931 Před 3 lety

      My family Dr just told me that. Then 1 wk later my obgyn Dr tells me same thing. I was in hospital last week and staff told me that ppl die of other illnessess and it gets labeled c19.

    • @misskathy4931
      @misskathy4931 Před 3 lety

      @@marlonbrando223 they already know...just want you to be afraid

    • @misskathy4931
      @misskathy4931 Před 3 lety

      My brother takes all that and didn't get c19 . He was living with 5 ppl that got it

  • @bluesquare23
    @bluesquare23 Před 8 lety +2

    Shouldn't we decide the way the world ought to be run together? I understand the point he is making and I think this goes very deep into the Asian vales debate. But I don't think a liberal democratic economic order is a terrible thing. It's just needs to be balanced.

  • @MrHarveyrex23
    @MrHarveyrex23 Před 4 lety

    Produce, consume, and waste. Too many landfills of wasted old obsolete consumer goods and products. Let alone all the wasted disposed unsold foods in grocery stores. Corporate planned and intrinsic obsolescence, market inefficiency, and artificial corporate controlled scarcity.

  • @barbarahren5208
    @barbarahren5208 Před 4 lety +4

    Why everyone wants to sell us idea, that economic system can not be seperaret by political system?

  • @jamesflange
    @jamesflange Před 4 lety

    Are global imbalances a result of a world savings glut and manipulation by Chinese authorities or a U.S. mortgage market so awash with cash that you could get a 100 percent mortgage with no income, no job and no assets?

  • @andreasskouris9191
    @andreasskouris9191 Před 5 lety +3

    thats asian Deil Degrasse Tyson without a mustache

  • @michah7214
    @michah7214 Před 3 lety +1

    ok, democracy doesn't mean any nation has rights over any other nation. Having the most people doesn't at all mean you get to tell other countries what to do or to run them. That's not democracy, that 's imperialism. SO think guy is CREEPY

  • @johnthompson6550
    @johnthompson6550 Před 6 lety +4

    TED IS A GOOD FOREMAT BUT LETS CRAZY PEOPLE ENTERTAIN AND WASTE THE TIME OF OTHERS.

  • @tonyh.anderson2658
    @tonyh.anderson2658 Před 4 lety

    Keep America great! Dont hate.

  • @andreaspapadakis2602
    @andreaspapadakis2602 Před 4 lety

    i argued many times that that was not the end of history just for us humans but for every intelligent civilisation in the multiverse..once you discover the neoliberal market perfection to everything ,there is no possible alternative that can lead you faster to the worst nightmarish dystopia imaginable..what sort of intelligence wouldnt be happy ever after with that?

  • @letitrest4662
    @letitrest4662 Před 2 lety +1

    HELLO Washington D.C.! How's your New World Order look now ? This is what happens when you trust bankers, with the country's future. Yours truly, A thirty year activist.

  • @arrow1042
    @arrow1042 Před 3 lety

    I don't understand the sense of any of this. Sorry i might be so naive...but all i know is that what humankind needs are only food, shelter,respect and freedom. Which i believe has always been with us but being deprived of bec of this "order" that they say.

  • @taraharrison8381
    @taraharrison8381 Před 4 lety +1

    Define merit

  • @dsjoakim35
    @dsjoakim35 Před 6 lety +3

    Intro volume: 45000. Talk volume: 2.

  • @bicyclist2
    @bicyclist2 Před 4 lety +1

    I agree.

  • @miriambourke4505
    @miriambourke4505 Před 3 lety

    this guy speaks sence. now we live in a different world with covid 19

    • @kjm4243
      @kjm4243 Před rokem

      You mean "cents" lol

  • @davidchung4651
    @davidchung4651 Před 2 lety

    strange opions

  • @aguuaaa
    @aguuaaa Před 6 lety +4

    this guys contradicts himself so much.

  • @dman030
    @dman030 Před 6 lety +3

    Boy....TEDx really became a commie sounding board.

  • @TheyMadeMonsters
    @TheyMadeMonsters Před 3 lety

    CoOl ViD..! 👍

  • @Lgp2324
    @Lgp2324 Před 4 lety +2

    Vote Biden if u want this

  • @alxbog86
    @alxbog86 Před 3 lety +2

    TED and Bill Gates 🔎👁😂😂😂

  • @jm-ib6wu
    @jm-ib6wu Před 4 lety

    Not true now with covid 19....

  • @taraharrison8381
    @taraharrison8381 Před 4 lety

    Maybe each cultural pocket 1 vote?
    Why did this come up on my suggestions. *Sigh.*

  • @simplyfacts123
    @simplyfacts123 Před 3 lety

    XRP

  • @merc9nine
    @merc9nine Před 7 lety +1

    that was an adorable notion

  • @00godlovesus
    @00godlovesus Před 5 lety +1

    :)

  • @patriciocarvajal5192
    @patriciocarvajal5192 Před 4 lety +3

    What a BS

  • @BrassyTack
    @BrassyTack Před 7 lety +30

    What a waste of time!!

  • @jeppenielsen8225
    @jeppenielsen8225 Před 4 lety

    What horrible intro music :D

  • @kanikahasija3537
    @kanikahasija3537 Před 4 lety

    You are trying to explain communists are far better than democracy. So I know what propaganda you are trying to say.

  • @zhengyangwu8289
    @zhengyangwu8289 Před 2 lety

    I wonder if this professor has learnt something new since 2016, like that he has been fooled all the time?

  • @JohnBoy
    @JohnBoy Před 4 lety +2

    BS

  • @abdirahman6734
    @abdirahman6734 Před 6 lety

    Professor learn the people how to become rich and designed what they needs to do

  • @TheyMadeMonsters
    @TheyMadeMonsters Před 3 lety

    Amein & HalleluYah!

  • @MYC_ODD_APP
    @MYC_ODD_APP Před 3 lety +1

    Fascism

  • @meganh9460
    @meganh9460 Před 4 lety

    Peter Zeihan is better .

  • @nicolasjacobs176
    @nicolasjacobs176 Před 4 lety

    Capitalism is as close as you can get.

  • @ifeonenko
    @ifeonenko Před rokem

    Xi Jinping propaganda in it's best )))