105 - The Rentier Economy

The David McWilliams Podcast

David McWilliams

News & Politics

4.6 • 643 Ratings

🗓️ 28 January 2021

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ireland, like many economies is hostage to the rentiers, companies that sidle up to governments to get a licence to provide some product or service that the government used to provide. This is a licence to print money, because the rentier company has a monopoly to hoover up rent rather than make anything. They dominate the property market, utilities and have led to the infantilization of the public sector. At every stage prices rises because these are the opposite of competitive companies. Given that rentiers drive up property prices, sanctioned by government, is it any surprise the young are voting radical?

Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0	How did the dog sneak out?
0:02.4	When did that parcel vanish?
0:04.8	Who was outside last night?
0:07.4	Arlo doesn't miss a thing.
0:09.8	From 4K cameras to powerful AI detection,
0:13.5	Arlo makes a watched over space, a safer space.
0:17.6	Arlo, 10 years of innovation in one powerful security system.
0:25.8	Find out more and get conditions at arlo.com.
0:33.6	What in the world is happening on Wall Street?
0:36.0	Economic indicators.
0:37.6	Who knows where this is going to end up?
0:39.6	To understand the economy, you have to understand human nature.
0:45.6	This podcast is powered by ACAST.
0:52.4	You got to have a day or be, if you want to be with me.
0:58.3	Go for it.
0:59.4	But the rent, ho!
1:02.2	Hey, nothing going on with the rent, Johnny, boy.
1:04.1	Hey, that's the truth.
1:05.5	The truth, my man.
1:07.1	Anyway, how are you doing?
1:08.1	It is the podcast.
1:09.6	It is the Thursday podcast.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from David McWilliams, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of David McWilliams and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.