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Racism makes our economy worse — and not just in ways that harm people of color, says public policy expert Heather C. McGhee. From her research and travels across the US, McGhee shares startling insights into how racism fuels bad policymaking and drains our economic potential — and offers a crucial rethink on what we can do to create a more prosperous nation for all. “Our fates are linked,” she says. “It costs us so much to remain divided.”
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JellyfishJelly
May 8, 2020 at 9:25 pm
Racism didn’t cause 2009 crisis and covid didn’t cause 2020 crisis. There are macroeconomic indicators that more-or-less predicted previous recessions and predicted the upcoming one even before any signs of pandemic showed up. (eg. Treasury yield curve 2-year/10-year differential inverted in august 2019)
Racism and now opening economy are divides that are being amplified by media so both sides can blame the situation on “the wrong half” in some way, ignoring the true causes, mechanisms behind them and those who will actually profit.
The deflationary spiral must be horrible, except it never happened. Sure deflation would slow down the economy, by allowing people to work less than 3 jobs and start saving to buy that house instead of living in constant debt. Instead banks just create money devaluing currency (affecting those who cannot hedge and keep most assets in cash / checking account) and pouring the value into mortgages with interest rates lower than inflation making it reasonable for people to take the mortgage (but actually only to those who can pay for it upfront and keep some reserve) and keeping property prices high by all the unreasonable demand. What about those who unreasonably take the mortgage? They just bought an overpriced house. They’ll have to work harder, hoping they can pay for it, risking to loose it all.
Now I’d rather give deflationary spiral a try. With cryptocurrencies it’s much easier to hedge small amounts while keeping them liquid. Hopefully we’ll see wider adoption soon pushing out “tools for economic regulation”, surveillance and 3% surcharge many don’t even know they pay.
BloodOfYeshuaMessiah
May 8, 2020 at 9:47 pm
*”You want to stop racism…stop seeing everything in the universe through the lens of race.”* Morgan Freeman
Black Cat
May 8, 2020 at 11:16 pm
@Just Me Yeah hollywood has an agenda. We better not trust that Morgan Freeman quote then.
Galadriel Woods
May 9, 2020 at 12:00 am
Greatest response to the myth of racism was the response from Lil Wayne when mainstream sports and news fools tried to race bait him. He schooled them about how when he was 12 years old he accidentally shot himself and that “black cops blacker than me” called him a drug dealer while stepping over him bleeding out on the floor. It was the WHITE cop that scooped him up, rushed him to a hospital, and stayed with him until the doctor told him Lil Wayne would be alright.
Joe Cope
May 9, 2020 at 12:03 am
@Naci Rema But jim crow laws gave you the head start and left us to fight for crumbs. Look at any situation in history where there was poverty and tell me what comes with it. GTFOH
Solitary Reaper
May 9, 2020 at 1:01 am
@Right Wing Lutheran Cowgirl hahaha spot on, girl
daxter956
May 9, 2020 at 1:04 am
@Right Wing Lutheran Cowgirl So what, you’re an assimilated model minority asian, you’re the exact outcome that white supremacists want
Lisa Love Ministries
May 8, 2020 at 10:05 pm
🙏🕊LORD help us sin less and love more, give the lost spiritual eyes to see you and spiritual ears to hear you, your will be done in Jesus name amen.
1 Timothy 2:1-6
Amachtinger
May 8, 2020 at 10:11 pm
And so do race baiters.
Mike Smith
May 9, 2020 at 12:02 am
I look forward to your TED talk.
Paridae Vision
May 8, 2020 at 10:14 pm
Racism has always been mainly a tool of the “elite”, to divide and conquer. Their main target for several decades now has been white people…That’s an obvious fact. Actually the “elite” are children of Satan, and their target is the children of God…That’s the only two races there’s ever been in this world. Skin color is about ethnicity, not “race”.
Kimberyote3
May 8, 2020 at 10:28 pm
Which god or gods, homie??
Paridae Vision
May 8, 2020 at 10:50 pm
@Kimberyote3 Our Creator, God of Abraham, Isaac and Jacob, who came in the flesh in Jesus -Christ, his Son. (God of the Bible).
Kimberyote3
May 8, 2020 at 11:41 pm
@Paridae Vision You did all of the research? There are 9,999 other gods that are out there. No one can be sure w/o researching, right??
Paridae Vision
May 9, 2020 at 12:23 am
@Kimberyote3 Research and also working with the spirit (Holy Spirit is the right one according to the Bible), because no one in the flesh can fully comprehend spiritual matters with his brain only…Yes, I know for sure the God of the Bible is my Creator, and the Creator of all things. The “gods” you are refering to, are Satan and the fallen angels. They are ruling this world, but not fully yet,….coming very soon unrestrained for a little while. It will be fascism with false promises of being immortal, enlightened…I hope many people do open their eyes and come back to our Father through Jesus-Christ.
Thomas Miller
May 8, 2020 at 10:15 pm
She is an awesome speaker!
Sumaya Karimi
May 8, 2020 at 10:40 pm
love you girl. I Love you.
Fabio Fernandes
May 8, 2020 at 10:42 pm
Hi. Any non-bullshit topic on the pipeline? Or is it time to hit that unsubscribe button already? 🙂
neomcghee
May 8, 2020 at 10:59 pm
Heather, our last names are spelled the same!
Adena
May 8, 2020 at 11:12 pm
Good talk, thank you.
Sasha Townsend - Tulsa
May 8, 2020 at 11:13 pm
❤️ “It costs so much to remain divided.” Amen, sister. Thank you. 🙏
Shaquatta Edgar
May 8, 2020 at 11:18 pm
“It costs us to remain divided.” This is so true.
dennis blaul
May 8, 2020 at 11:24 pm
Who comes on air and like “by the way I’m a racist definitely am a racist. Lol”
Mike Smith
May 8, 2020 at 11:56 pm
The first step to fixing a problem is realizing you have a problem.
Invox
May 8, 2020 at 11:29 pm
I wanna see a Native American talking about this. They were mistreated in THEIR OWN COUNTRY and to this day… NO one cares.
I wanna see the next US President to be a descendant of these true “Americans”… Cuz let’s face it, everyone else is an Immigrant there.
Ginger
May 8, 2020 at 11:37 pm
I’ve experienced racism and still do, but I’m white so it doesn’t count. If I’m hurt, it just doesn’t count and that’s the truth. Double standards exist.
Joe Cope
May 8, 2020 at 11:49 pm
How ginger i would like to know?
Joe Cope
May 8, 2020 at 11:57 pm
Energys have a way of speaking you dont know…. people can feel when there’s tention? Its in your body language.
Have you ever had someone forcefully try to speak to you and you pick up on there vibe and its not a good one. Thats whats mainly happens with ( SOME NOT ALL) whites vs black and browns. Pretty simple because you guys where taught on the pretense of minorities being bad or beneath you instead of judging each individual.
Mohammed Alfaki
May 8, 2020 at 11:39 pm
🙌
Stefan Nikola
May 8, 2020 at 11:55 pm
I’ve experienced prejudice against my Italian ethnicity for my whole life.
Joe Cope
May 8, 2020 at 11:57 pm
But were laws put in place so you dont excell?
Il Dotten
May 9, 2020 at 12:16 am
@Joe Cope Where are the laws that prevent blacks from excelling?
Stefan Nikola
May 9, 2020 at 12:16 am
@Joe Cope – No, no laws were put into place. It’s still prejudice and discrimination, just not institutional prejudice or institutional discrimination. I know for a fact that the American Psychological Association and the police discriminate against Italians, and it is clearly institutional prejudice and institutional discrimination. Try as you may, it’s just not all about racism. It’s not all about black versus white. There is prejudice and discrimination that hinders, impedes, and ruins lives without racism. That’s my point.
Galadriel Woods
May 9, 2020 at 12:00 am
Nice try. I’d rather listen to Lil Wayne when it comes to the myth of racism
Galadriel Woods
May 9, 2020 at 12:03 am
Viv *
May 9, 2020 at 12:13 am
She is such a great speaker!!!! I can only dream to be able to give a speech like that
Danky Skull
May 9, 2020 at 12:25 am
The only racism I’ve seen in over 40 years is ani-white racism.
bravojr
May 9, 2020 at 12:32 am
Not having racism has a cost of the entirety of culture.
Flutter shy Bunnies
May 9, 2020 at 12:47 am
I was a minority in my neighborhood so yes racism to any race is not okay. Period it’s very hurtful. Even to whites FYI.
Miguel Mendoza
May 9, 2020 at 12:50 am
Awesome !
JT
May 9, 2020 at 1:13 am
So this will be a talk about hating whites right?
Bryanbobber
May 9, 2020 at 1:25 am
Hard to believe this is still even a thing.
Alika Andrade
May 9, 2020 at 8:59 am
All the white people on here tired of hearing about racism 🤦🏽♂️ I can’t believe you don’t see the irony and ignorance in that emotion you’re feeling. The inability people have to step outside their own experiences and to be willing to try to understand situations which do not affect them ASTOUNDS me. People are still talking about racism because it STILL disproportionately punishes colored people.
People not liking white people is not the same as racism. The racism that my white ancestors have perpetrated on the rest of the world was based in a real and documented belief in their own racial superiority, believing they had a right to take what they wanted because of it. When people don’t like white people, it is distrust of an historically and provably untrustworthy people who took (and still take) advantage of other people groups based on the belief that their way of life is superior. That is not racism. That is racism backfiring. That’s what she’s talking about. If you’re tIReD of hearing about racism, then participate in routing it out so that it is no longer perpetrated on people of color and so that our descendants don’t have to bear the consequences of our refusal to accept our responsibilities. Damn.
Victor Stewart
May 9, 2020 at 9:10 am
Wash your hair, Medusa…
Jose Colon
May 9, 2020 at 9:30 am
I am a SON of GOD Not from time and FALLEN Man
Wood Work
May 9, 2020 at 9:59 am
Does that mean Clinton allowed all blacks to get a house when they couldn’t afford it. Shouldn’t been allowed to go on for so long
Wood Work
May 9, 2020 at 10:02 am
Your wrong, your against whites being prejudiced but not blacks being prejudiced
ХОРОШО
May 9, 2020 at 10:02 am
The pool was destroyed not because of racist policy, but on the contrary, because the non-racist court desided it’s for everyone.
Akoh Godwin Jesse
May 9, 2020 at 1:53 pm
It was destroyed because of the racist policy
RJ D
May 9, 2020 at 10:09 am
The problem is not race the problem is that everyone thinks multiple races exist. We have made laws in the USA to guarantee that division continue. We are taught from birth that there are difference races and yet DNA has proven that their is only one race the human race. By the way Heather Main is not the whitest state in the Union Vermont is. On the mainland The District of Columbia is the blackest, New York-Newark-Jersey City the Asian Americans and Alaska has the most American Indians, who cares regardless if you are born here or moved here and become a citizen you are a US Citizen plus nothing minus nothing. This is not a black and white issue the Asian Americans born in this country have been attacked by both Black and White people stabbed and beaten, Asian Americans that have never been to Asia. Yes we have a problem and regardless if you want to accept it or not you are part of the problem. You are almost out you still have one foot in. It is unfortunate that we will never talk or have an opportunity to do so, if we did I might be able to set you free so that the limits that only exist in your mind could be dissolved and you could find your way out of the cave you are now in. Nice Talk it is just not exactly.
MrXelium
May 9, 2020 at 10:19 am
Being racist is a human inherent character trait. It goes very deep and will always be a thing on this planet. There’s nothing that they can done about that.
You would have to genetically modify babies and remove their racism gene for it to change.
I always firmly believed that most people are racists. Racism has many forms, many faces. That’s just the way things are.
So instead of going with the age old mantra ‘racism’ is bad yada yada yada, we have to learn how to work with it not necessarily against it.
Illuminated
May 9, 2020 at 10:31 am
Generally when people call someone racist, all they’re really doing is attempting to censor their speech because they can’t deal with their argument.
And generally calling someone racist is it self racist because the term is generally only used to bludgeon and silence white people.
Gzpo
May 9, 2020 at 11:42 am
Well done. Thank you for presenting and representing The True American Dream. 💖😎
peppa and friends
May 9, 2020 at 9:44 pm
This might seem weird, but english people aren’t really patriotic. A flag on the side of a house is about as much as you’re gonna get.
NoOrigin
May 9, 2020 at 12:35 pm
You are but a fetus in our universe.
Akoh Godwin Jesse
May 9, 2020 at 1:55 pm
So much division, destruction and crisis JUST BECAUSE OF COLOUR
Wooden Hope
May 9, 2020 at 3:26 pm
My favourite speech about racism so far, thank you
Crazeee Nigrifagritard
May 9, 2020 at 3:48 pm
I have tried to fight systemic racism by promoting the n-word changing into a less racist definition. Even my family does not support this. It seems obvious to me that if the n-word meant human we’d all be better off, but everyone wants a racist n-word. Very disappointing.
Crazeee Nigrifagritard
May 9, 2020 at 4:16 pm
loved it
The Fortress of The Moles
May 9, 2020 at 9:31 pm
I did as well.
Nikolas Schmid
May 9, 2020 at 4:48 pm
The US real estate crisis WAS a crisis of overfinanced loans. US property markets are know for low equity rates and few regulations regarding the financing. Thats why other markets (i.e. Germany) with stricter regulations which reguire more equity and income are more stable. I’m really annoyed by these non real estate amateurs talking about it as if they would have a clue. No matter what race, all Americans (white/black/latin/asian/… ) overfinance and consume more than they can afford in case of unplanned negative ecomic impacts…
The Write In President
May 9, 2020 at 5:28 pm
An Ugly Old Farmer to woo me…
There are many things we can say are troubling and disconcerting, but it does not mean that we the people can not listen to OLD SONGS on our Radio Cell Phone Apps that allow the 1920’s – 1930’s – 1940’s – on and on to the 1990’s and REMEMBER whom “we were” long before the GREAT NUCLEAR HYDROGEN WARS of 1845 to 1945 and even in these DAYS where the W.H.O. (COVID19) Trillion Watt Lazers burn homes and “people alive” in their cars… PROJECT BLUE BEAM is nothing more then these INTERNDEMENSIONAL “Beings” known as INTERNATIONALIST “Global Citizens” from Other Realms and Other Dimensions “taking over” all that is good, and decent, and kind…
FREE MASON Lodge members are Only “Traitors” doing Treachery – Sedition – Treason to our STATES FLAGS and States Constitutions where this UNITED NATIONS of Demolay – Jobs Daughters – Shriners – Rainbow Girls – FREE MASON – Eastern Stars, and all the other LABELS and Titles “THEY LIVE” so choose to give “too themselves” as in Your Majesty, and Your Excellency that is Proven in any COURT OF LAW that all U.N. FLAGS are against we the “human populations” of this world and realm… In a world such as this where the RACKA have their 5G “Eugenics Weapons” of SELF ISOLATION and STAY AT HOME Mandates that are 100% Illegal under “any and all” /_ CONSTITUTIONAL Nations` this is the time that we the “Human Populations” regardless of Eye Colour – Hair Color – Skin Tones can see the EVIL Wicked “Profane” known as these FREE MASON Lodge Members!!!
In all this, we must never forget we are Natural Born CITIZENS, and CORPORATION FLAGS as People an Persons with our own Mitigation……, and Mandates to say: Since you do not Uphold our CONSTITUTIONAL “Rights” and Protections as our “Fellow Citizens” be you in The Police, The Military and all you’m G4S Privateer “Paramilitary” Contractors for this {NEWS} World Order, we say, we do not OBEY – COMPLY – SUBMIT for if our COUNTRIES CONSTITUTIONS can be so “easily” thrown away by our “Presidential” DICTATORS, and Kings and Queens of Malfeasance RED Crosses and Red Crescents and even them FAKE JEWS these TALMUD ZIONIST “Jesuits” them Jews whom are NOT Jews “as expressed” in the BOOK OF REVELATION from the Holy Bible, then we the people whom are “of and for” OUR WORLD REPUBLIC CONSTITUTION Coalition are all that remain to Propel and Restrict You “The Governed” by we the Citizen GOVERNMENT` from Our Public Schools, Parks, and Hospitals!!!
As living breathing “beings” just as you FLESH and BLOOD and BONES men “be you” Male and Female we the MANKIND of Man and “Wombman” shall and will decimate your 5G Death Towers, your Potions and Poisons called Medications and “Vaccines” as the REAL Drug Dealers of this world, and we have plenty of Empty County and “Provisional Jails” to throw you away into from now on…. Therefore, do not think we are not ORGANIZED in a “Decentralized Way” as the Rag Tag Rebellion` for you all LIVE OFF of OUR “Welfare” known as Taxes – Tithes – Tribute, than we shall and will “so pay unto” Caesar What is Caesars, and Pay unto God what is Gods’ and Then We The People CAN and shall have honor, respect, and The Ability to “help one another” for our God of Pak-Toe too defeat all of you’m whom belong to The Racka you “Incubus and Succubus” Android Holographic Hologram TV Talking Heads known as Machine People!!!
Johnny Exodice
We Are Biological my Humans, and these “Doppelgangers” are Machines, so treat them as such, and these USELESS “Citizens” shall no longer hinder, or hurt, or harm WE THE PEOPLE anymore…
The Commander~
Go download THE BOOK OF RIDDLES at mewe.com/i/johnnyexodice to know whom you are!!!
[///|||\]
++++++++++++++++++++++++
Imarginacion 🇲🇽 Mx
May 9, 2020 at 6:31 pm
saludenme y los saludo
Peter Robles
May 9, 2020 at 8:18 pm
Who sent you
IndianaParkWars Productions
May 9, 2020 at 9:14 pm
God I’m sick of all these ignorant people in the comments. Whenever a TED Talk has race or gender in the title, it gets disliked and people in the comments feel so attacked, even though no one’s attacking you… I guarantee half of the negativity in the comments are from people who don’t watch the video, look at the title, and say “A black woman talking about racism? I’m not racist just because I’m white! Why are white people always being attacked?”
Just put your judgments aside and watch the talk; it’s informative and interesting.
Jr Beans
May 9, 2020 at 9:51 pm
Ted talks is just woke bullshit nowadays
Xavier Maximin
May 9, 2020 at 11:10 pm
just obvious!
saucybantz
May 9, 2020 at 11:13 pm
Never heard such a strong and compelling argument against affirmative action, tribal registration, and college admission diversity preference. Everyone is the same, and classifying a person as a member of a group instead of as an individual is wrong.
Ron Tailwind
May 9, 2020 at 11:43 pm
Worst is racism on your own race, Im talking about darkskin vs lightskin, texmex vs calmex. Someone is manipulating these issues, so that we cant unite as a Americans
Jack Sparks
May 10, 2020 at 8:18 pm
Wait, TexMex vs CalMex is a thing? They’re not even real Mexicans.
yuting zhang
May 10, 2020 at 1:27 am
如果有字幕就更好了
replica
May 10, 2020 at 4:22 am
dividing people into races defy the very idea of humanity
(a human brain not allowed to be human will never function)
replica
May 10, 2020 at 4:23 am
tressure
what make sense is human rated
(to believe in humanity)
replica
May 10, 2020 at 4:43 am
(where cociousness is an echo of our senses, the ego is the smallest universe possible)
replica
May 10, 2020 at 6:30 am
to be a human being is to identefy with humanity
stockswithleah
May 10, 2020 at 5:44 am
Timely video given today’s current events.
Northern Aboriginal
May 10, 2020 at 5:44 am
Massive YAWN! We done this already. Catch up.
YoshiPeach Mario
May 10, 2020 at 7:01 am
Racism doesn’t seem to be harming the Chinese or Indian economies
Siem Reaper
May 10, 2020 at 8:50 am
Wallstreet was blind as a covid bat to the color of discrimination
johnson acevedo
May 10, 2020 at 11:03 am
111
Ar Or
May 10, 2020 at 11:54 am
I am not going to waste 15 mins listening to a BLACK woman.
Ben Dover
May 10, 2020 at 1:06 pm
Anyone remember watching this at school?
Frank Maskil
May 10, 2020 at 3:36 pm
Good sense in this. Not common sense. Common sense sucks!
Enlightened Beings
May 10, 2020 at 3:47 pm
great speech…
#EnlightenedBeings
Chuck Kady
May 10, 2020 at 5:15 pm
Yes and here’s the beginning of the deep state going down
Rafael Monteiro
May 10, 2020 at 5:20 pm
very rarely have I seen someone talk so eloquently about a subject she so clearly dominates. A delight to hear
منو عات
May 10, 2020 at 6:41 pm
no translator so des like 👎
BTS BITCHES TWATS SHITHOLES
May 10, 2020 at 8:13 pm
Hahaha Hahaa!
Mr. Franil
May 10, 2020 at 10:07 pm
Hey Ted. Your cool Man….Keep it up.. Pa Kadyot naman. Done to You already.
Mariane Thomson
May 10, 2020 at 10:15 pm
I like that she stopped whenever she said something, seeing how all of her phrases were loaded with thought and hope and history. It made her all the easier to listen to.
Willie Lugo
May 10, 2020 at 11:34 pm
I’m from Tuscaloosa, Alabama 👋🏼