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Home / Video / Steve & Friends with guest Phil Dobbie. Episode #13

Steve & Friends with guest Phil Dobbie. Episode #13

Summary:
Phil Dobbie is a podcaster, radio broadcaster, writer, marketing expert, humourist (debatable) and Dad. He shares a birthday with Donald Trump. He also the host of the weekly podcast Debunking Economics with Steve Keen. Phil talks to Steve about the lies and misunderstands of the economics profession.

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Phil Dobbie is a podcaster, radio broadcaster, writer, marketing expert, humourist (debatable) and Dad. He shares a birthday with Donald Trump.



He also the host of the weekly podcast Debunking Economics with Steve Keen. Phil talks to Steve about the lies and misunderstands of the economics profession.
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

9 comments

  1. Isn’t the most likely early consequence of extreme climate change an increased suffering of people in poor countries and poor people in richer countries? That is to say a much amplified version of the inequality trends playing out in the world today.

    • Absolutely true. Global famines will occur more and more frequently, and poor people, especially those who rely on imported food will die because food prices will soar. Even poor people who do not rely on imports may not be able to survive. During the Irish potato famine, the British insisted that Ireland continue to export food to Britain at the same rate instead of using some of the food to feed the Irish. There was enough food for the Irish and British to survive if only British leaders had permitted it. The Irish were so weak with hunger and had such inferior weaponry that they couldn't rise against their oppressors. In the future, military powers could demand that poor countries surrender their domestically grown food in much the same way. Sea levels will rise. Intense UV light will cause cancer and burn skin. Heatwaves will be incompatible with life, and there won't be enough fuel for air conditioning for everyone. It will be an unjust nightmare. What Steve is saying is that in countries that go to a degrowth, rationed economy will have to reduce the consumption of the wealthy, and the wealthy will resist that. I hope that nations will band together in a degrowth, equitable global economy in which all people consume only what they need, but that would take more international cooperation than ever before. Is it even possible?

  2. p.s. the glorious military you praise as the ultimate cutting edge human organizers… is this the same military we used in Vietnam, Afghanistan, etc? Wtf are you talking about?

  3. 25:04 – Phil is wrong, or talking bullshit.

    Australian government wasn't going to build anything "alongside" existing infrastructure at all.

    Initially when NBN was put out for tender (07-08) it was in fact FTTN. They didn't get any good offers, because Telstra itself knew the copper network existing in the ground was "5 minutes to midnight" (direct quote from the CEO).

    Given there was no good options [Labor] government decided to build the damn thing themselves. They put together a panel of industry experts who came back and said: no point in going FTTN (and rightly so) you might as well go with FTTP and build for the future, split GPON architecture was decided on, etc, etc.

    At that point Government paid Telstra for access to the existing CAN infrastructure, to "avoid retrenching as much as possible" (which is why i say Phil is talking bullshit). They also paid Optus to decommission their hybrid fibre coax (poorly maintained) so they could get those people onto fibre.

    2011-13 happens, the rollout of FTTP is slow (as any sane person would expect), and also had complicated cryptic metrics being reported on. The opposition government [LNP] capitalized on that + other things at the time (e.g. refugee policy, increase to public debt post GFC, etc) to paint the Labor government as incompetent.

    This wouldn't be such an issue, but Australia has the most concentrated media in the developed world. Most of the outlets are all owned and operated by allies and friends of the then opposition LNP government, coverage was, and still to this day is extremely biased. But discussing how the media nexus in Australia is structured is another conversation, i digress.

    So in the above situation, the LNP use their media platform connections and come out saying they're going to make the NBN "sooner, cheaper, more affordable" with their plan (multi-technology mix, technology agnostic, look at us we're so "free" on technology choice la la la).

    The public (ignorant and stupid as they are) trust blindly, meanwhile all the tech savvy people, the network engineers, sys admins, myself included are screaming *NO!*. There were also a few traitors Renai Lemai (tech journo) and Simon Hackett former founder of internode (then iinet, now merged with TPG) came out to bat for the LNP plan.

    The public buys it, the LNP get elected, the plan to rollout 96% FTTP to the country gets scrapped over the following years (2013-15) for the horrific joke we have now.

    The irony? The whole point of FTTN is to avoid having to trench / run cable the full way to a premises. To date NBNco the GBE in charge of deploying / installing NBN, has purchased – 61,000,000 meters of copper…

    They didn't deliver it sooner, it wasn't cheaper (cost blow out by an extra $20-something billion), and it's certainly not as affordable as i've seen internet in other countries (e.g. singapore), probably in part because of all the extra maintenance costs incurred.

  4. what a horrible show. From Phil dobbie being a supply side nut job to sanderson calling for rule by military junta.

  5. Steve? I am old.I am diving headlong into my grave.By the time i hit the dirt? There will be little left of me than bones.All else will be given to the living.I would hope that your bones aspire to the same?

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