[Script Info] Title: [Events] Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text Dialogue: 0,0:00:00.96,0:00:02.64,Default,,0000,0000,0000,,Do you feel trapped Dialogue: 0,0:00:02.67,0:00:05.06,Default,,0000,0000,0000,,in a broken economic model? Dialogue: 0,0:00:05.08,0:00:07.73,Default,,0000,0000,0000,,A model that's trashing the living world Dialogue: 0,0:00:07.75,0:00:11.73,Default,,0000,0000,0000,,and threatens the lives\Nof our descendants? Dialogue: 0,0:00:11.75,0:00:15.68,Default,,0000,0000,0000,,A model that excludes billions of people Dialogue: 0,0:00:15.71,0:00:19.68,Default,,0000,0000,0000,,while making a handful unimaginably rich? Dialogue: 0,0:00:19.71,0:00:22.85,Default,,0000,0000,0000,,That sorts us into winners and losers, Dialogue: 0,0:00:22.88,0:00:27.39,Default,,0000,0000,0000,,and then blames the losers\Nfor their misfortune? Dialogue: 0,0:00:27.42,0:00:29.98,Default,,0000,0000,0000,,Welcome to neoliberalism, Dialogue: 0,0:00:30.00,0:00:33.48,Default,,0000,0000,0000,,the zombie doctrine\Nthat never seems to die, Dialogue: 0,0:00:33.50,0:00:37.35,Default,,0000,0000,0000,,however comprehensively it is discredited. Dialogue: 0,0:00:37.38,0:00:42.89,Default,,0000,0000,0000,,Now you might have imagined\Nthat the financial crisis of 2008 Dialogue: 0,0:00:42.92,0:00:45.93,Default,,0000,0000,0000,,would have led to the collapse\Nof neoliberalism. Dialogue: 0,0:00:45.96,0:00:49.52,Default,,0000,0000,0000,,After all, it exposed\Nits central features, Dialogue: 0,0:00:49.54,0:00:54.27,Default,,0000,0000,0000,,which were deregulating\Nbusiness and finance, Dialogue: 0,0:00:54.29,0:00:56.81,Default,,0000,0000,0000,,tearing down public protections, Dialogue: 0,0:00:56.83,0:00:59.98,Default,,0000,0000,0000,,throwing us into extreme\Ncompetition with each other, Dialogue: 0,0:01:00.00,0:01:03.64,Default,,0000,0000,0000,,as, well, just a little bit flawed. Dialogue: 0,0:01:03.67,0:01:06.88,Default,,0000,0000,0000,,And intellectually, it did collapse. Dialogue: 0,0:01:07.79,0:01:12.14,Default,,0000,0000,0000,,But still, it dominates our lives. Dialogue: 0,0:01:12.17,0:01:13.98,Default,,0000,0000,0000,,Why? Dialogue: 0,0:01:14.00,0:01:18.14,Default,,0000,0000,0000,,Well, I believe the answer\Nis that we have not yet produced Dialogue: 0,0:01:18.17,0:01:21.92,Default,,0000,0000,0000,,a new story with which to replace it. Dialogue: 0,0:01:23.12,0:01:27.14,Default,,0000,0000,0000,,Stories are the means\Nby which we navigate the world. Dialogue: 0,0:01:27.17,0:01:32.10,Default,,0000,0000,0000,,They allow us to interpret\Nits complex and contradictory signals. Dialogue: 0,0:01:32.12,0:01:35.81,Default,,0000,0000,0000,,When we want to make sense of something, Dialogue: 0,0:01:35.83,0:01:40.06,Default,,0000,0000,0000,,the sense we seek is not scientific sense Dialogue: 0,0:01:40.08,0:01:42.98,Default,,0000,0000,0000,,but narrative fidelity. Dialogue: 0,0:01:43.00,0:01:46.18,Default,,0000,0000,0000,,Does what we are hearing reflect the way Dialogue: 0,0:01:46.21,0:01:50.35,Default,,0000,0000,0000,,that we expect humans\Nand the world to behave? Dialogue: 0,0:01:50.38,0:01:52.48,Default,,0000,0000,0000,,Does it hang together? Dialogue: 0,0:01:52.50,0:01:54.14,Default,,0000,0000,0000,,Does it progress Dialogue: 0,0:01:54.17,0:01:56.92,Default,,0000,0000,0000,,as a story should progress? Dialogue: 0,0:01:58.46,0:02:01.52,Default,,0000,0000,0000,,Now, we are creatures of narrative, Dialogue: 0,0:02:01.54,0:02:07.56,Default,,0000,0000,0000,,and a string of facts and figures,\Nhowever important facts and figures are -- Dialogue: 0,0:02:07.58,0:02:10.77,Default,,0000,0000,0000,,and, you know, I'm an empiricist,\NI believe in facts and figures -- Dialogue: 0,0:02:10.79,0:02:17.00,Default,,0000,0000,0000,,but those facts and figures have no power\Nto displace a persuasive story. Dialogue: 0,0:02:17.83,0:02:20.96,Default,,0000,0000,0000,,The only thing that can replace a story Dialogue: 0,0:02:22.58,0:02:24.27,Default,,0000,0000,0000,,is a story. Dialogue: 0,0:02:24.29,0:02:26.77,Default,,0000,0000,0000,,You cannot take away someone's story Dialogue: 0,0:02:26.79,0:02:29.85,Default,,0000,0000,0000,,without giving them a new one. Dialogue: 0,0:02:29.88,0:02:34.31,Default,,0000,0000,0000,,And it's not just stories in general\Nthat we are attuned to, Dialogue: 0,0:02:34.33,0:02:37.85,Default,,0000,0000,0000,,but particular narrative structures. Dialogue: 0,0:02:37.88,0:02:43.27,Default,,0000,0000,0000,,There are a number of basic plots\Nthat we use again and again, Dialogue: 0,0:02:43.29,0:02:47.89,Default,,0000,0000,0000,,and in politics there is one basic plot Dialogue: 0,0:02:47.92,0:02:52.10,Default,,0000,0000,0000,,which turns out to be\Ntremendously powerful, Dialogue: 0,0:02:52.12,0:02:55.08,Default,,0000,0000,0000,,and I call this "the restoration story." Dialogue: 0,0:02:56.00,0:02:57.33,Default,,0000,0000,0000,,It goes as follows. Dialogue: 0,0:02:59.00,0:03:01.52,Default,,0000,0000,0000,,Disorder afflicts the land, Dialogue: 0,0:03:01.54,0:03:05.23,Default,,0000,0000,0000,,caused by powerful and nefarious forces Dialogue: 0,0:03:05.25,0:03:08.18,Default,,0000,0000,0000,,working against the interests of humanity. Dialogue: 0,0:03:08.21,0:03:12.10,Default,,0000,0000,0000,,But the hero will revolt\Nagainst this disorder, Dialogue: 0,0:03:12.12,0:03:14.27,Default,,0000,0000,0000,,fight those powerful forces, Dialogue: 0,0:03:14.29,0:03:17.02,Default,,0000,0000,0000,,against the odds overthrow them Dialogue: 0,0:03:17.04,0:03:20.08,Default,,0000,0000,0000,,and restore harmony to the land. Dialogue: 0,0:03:21.17,0:03:22.96,Default,,0000,0000,0000,,You've heard this story before. Dialogue: 0,0:03:23.75,0:03:25.35,Default,,0000,0000,0000,,It's the Bible story. Dialogue: 0,0:03:25.38,0:03:27.48,Default,,0000,0000,0000,,It's the "Harry Potter" story. Dialogue: 0,0:03:27.50,0:03:29.98,Default,,0000,0000,0000,,It's the "Lord of the Rings" story. Dialogue: 0,0:03:30.00,0:03:31.83,Default,,0000,0000,0000,,It's the "Narnia" story. Dialogue: 0,0:03:32.58,0:03:34.98,Default,,0000,0000,0000,,But it's also the story Dialogue: 0,0:03:35.00,0:03:40.35,Default,,0000,0000,0000,,that has accompanied almost every\Npolitical and religious transformation Dialogue: 0,0:03:40.38,0:03:42.10,Default,,0000,0000,0000,,going back millennia. Dialogue: 0,0:03:42.12,0:03:44.89,Default,,0000,0000,0000,,In fact, we could go as far as to say Dialogue: 0,0:03:44.92,0:03:50.10,Default,,0000,0000,0000,,that without a powerful\Nnew restoration story, Dialogue: 0,0:03:50.12,0:03:53.06,Default,,0000,0000,0000,,a political and religious transformation Dialogue: 0,0:03:53.08,0:03:54.79,Default,,0000,0000,0000,,might not be able to happen. Dialogue: 0,0:03:55.62,0:03:57.12,Default,,0000,0000,0000,,It's that important. Dialogue: 0,0:03:58.25,0:04:03.18,Default,,0000,0000,0000,,After laissez-faire economics\Ntriggered the Great Depression, Dialogue: 0,0:04:03.21,0:04:08.64,Default,,0000,0000,0000,,John Maynard Keynes\Nsat down to write a new economics, Dialogue: 0,0:04:08.67,0:04:12.56,Default,,0000,0000,0000,,and what he did was to tell\Na restoration story, Dialogue: 0,0:04:12.58,0:04:14.25,Default,,0000,0000,0000,,and it went something like this. Dialogue: 0,0:04:15.75,0:04:18.18,Default,,0000,0000,0000,,Disorder afflicts the land! Dialogue: 0,0:04:18.21,0:04:19.48,Default,,0000,0000,0000,,(Laughter) Dialogue: 0,0:04:19.50,0:04:24.18,Default,,0000,0000,0000,,Caused by the powerful and nefarious\Nforces of the economic elite, Dialogue: 0,0:04:24.21,0:04:27.12,Default,,0000,0000,0000,,which have captured the world's wealth. Dialogue: 0,0:04:27.83,0:04:30.18,Default,,0000,0000,0000,,But the hero of the story, Dialogue: 0,0:04:30.21,0:04:35.89,Default,,0000,0000,0000,,the enabling state, supported\Nby working class and middle class people, Dialogue: 0,0:04:35.92,0:04:37.98,Default,,0000,0000,0000,,will contest that disorder, Dialogue: 0,0:04:38.00,0:04:42.56,Default,,0000,0000,0000,,will fight those powerful forces\Nby redistributing wealth, Dialogue: 0,0:04:42.58,0:04:46.27,Default,,0000,0000,0000,,and through spending\Npublic money on public goods Dialogue: 0,0:04:46.29,0:04:49.43,Default,,0000,0000,0000,,will generate income and jobs, Dialogue: 0,0:04:49.46,0:04:53.10,Default,,0000,0000,0000,,restoring harmony to the land. Dialogue: 0,0:04:53.12,0:04:55.48,Default,,0000,0000,0000,,Now like all good restoration stories, Dialogue: 0,0:04:55.50,0:04:59.02,Default,,0000,0000,0000,,this one resonated\Nacross the political spectrum. Dialogue: 0,0:04:59.04,0:05:02.93,Default,,0000,0000,0000,,Democrats and Republicans,\Nlabor and conservatives, Dialogue: 0,0:05:02.96,0:05:06.67,Default,,0000,0000,0000,,left and right all became,\Nbroadly, Keynesian. Dialogue: 0,0:05:07.71,0:05:10.23,Default,,0000,0000,0000,,Then, when Keynesianism ran into trouble Dialogue: 0,0:05:10.25,0:05:12.31,Default,,0000,0000,0000,,in the 1970s, Dialogue: 0,0:05:12.33,0:05:16.68,Default,,0000,0000,0000,,the neoliberals, people like\NFriedrich Hayek and Milton Friedman, Dialogue: 0,0:05:16.71,0:05:20.06,Default,,0000,0000,0000,,came forward with\Ntheir new restoration story, Dialogue: 0,0:05:20.08,0:05:21.62,Default,,0000,0000,0000,,and it went something like this. Dialogue: 0,0:05:22.92,0:05:24.52,Default,,0000,0000,0000,,You'll never guess what's coming. Dialogue: 0,0:05:24.54,0:05:25.81,Default,,0000,0000,0000,,(Laughter) Dialogue: 0,0:05:25.83,0:05:28.64,Default,,0000,0000,0000,,Disorder afflicts the land! Dialogue: 0,0:05:28.67,0:05:33.18,Default,,0000,0000,0000,,Caused by the powerful\Nand nefarious forces Dialogue: 0,0:05:33.21,0:05:35.68,Default,,0000,0000,0000,,of the overmighty state, Dialogue: 0,0:05:35.71,0:05:40.43,Default,,0000,0000,0000,,whose collectivizing tendencies\Ncrush freedom and individualism Dialogue: 0,0:05:40.46,0:05:42.10,Default,,0000,0000,0000,,and opportunity. Dialogue: 0,0:05:42.12,0:05:45.31,Default,,0000,0000,0000,,But the hero of the story,\Nthe entrepreneur, Dialogue: 0,0:05:45.33,0:05:48.60,Default,,0000,0000,0000,,will fight those powerful forces, Dialogue: 0,0:05:48.62,0:05:50.31,Default,,0000,0000,0000,,roll back the state, Dialogue: 0,0:05:50.33,0:05:53.60,Default,,0000,0000,0000,,and through creating\Nwealth and opportunity, Dialogue: 0,0:05:53.62,0:05:56.89,Default,,0000,0000,0000,,restore harmony to the land. Dialogue: 0,0:05:56.92,0:06:01.52,Default,,0000,0000,0000,,And that story also resonated\Nacross the political spectrum. Dialogue: 0,0:06:01.54,0:06:04.60,Default,,0000,0000,0000,,Republicans and Democrats,\Nconservatives and labor, Dialogue: 0,0:06:04.62,0:06:08.08,Default,,0000,0000,0000,,they all became, broadly, neoliberal. Dialogue: 0,0:06:10.58,0:06:12.17,Default,,0000,0000,0000,,Opposite stories Dialogue: 0,0:06:13.33,0:06:16.54,Default,,0000,0000,0000,,with an identical narrative structure. Dialogue: 0,0:06:17.92,0:06:20.89,Default,,0000,0000,0000,,Then, in 2008, Dialogue: 0,0:06:20.92,0:06:23.23,Default,,0000,0000,0000,,the neoliberal story fell apart, Dialogue: 0,0:06:23.25,0:06:25.71,Default,,0000,0000,0000,,and its opponents came forward with ... Dialogue: 0,0:06:29.08,0:06:30.64,Default,,0000,0000,0000,,nothing. Dialogue: 0,0:06:30.67,0:06:33.43,Default,,0000,0000,0000,,No new restoration story! Dialogue: 0,0:06:33.46,0:06:36.93,Default,,0000,0000,0000,,The best they had to offer\Nwas a watered-down neoliberalism Dialogue: 0,0:06:36.96,0:06:39.54,Default,,0000,0000,0000,,or a microwaved Keynesianism. Dialogue: 0,0:06:41.12,0:06:44.52,Default,,0000,0000,0000,,And that is why we're stuck. Dialogue: 0,0:06:44.54,0:06:46.64,Default,,0000,0000,0000,,Without that new story, Dialogue: 0,0:06:46.67,0:06:49.93,Default,,0000,0000,0000,,we are stuck with the old failed story Dialogue: 0,0:06:49.96,0:06:51.62,Default,,0000,0000,0000,,that keeps on failing. Dialogue: 0,0:06:52.83,0:06:56.48,Default,,0000,0000,0000,,Despair is the state we fall into Dialogue: 0,0:06:56.50,0:06:59.48,Default,,0000,0000,0000,,when our imagination fails. Dialogue: 0,0:06:59.50,0:07:03.64,Default,,0000,0000,0000,,When we have no story\Nthat explains the present Dialogue: 0,0:07:03.67,0:07:06.06,Default,,0000,0000,0000,,and describes the future, Dialogue: 0,0:07:06.08,0:07:09.06,Default,,0000,0000,0000,,hope evaporates. Dialogue: 0,0:07:09.08,0:07:12.06,Default,,0000,0000,0000,,Political failure is at heart Dialogue: 0,0:07:12.08,0:07:14.88,Default,,0000,0000,0000,,a failure of imagination. Dialogue: 0,0:07:15.79,0:07:18.85,Default,,0000,0000,0000,,Without a restoration story Dialogue: 0,0:07:18.88,0:07:21.77,Default,,0000,0000,0000,,that can tell us where we need to go, Dialogue: 0,0:07:21.79,0:07:23.85,Default,,0000,0000,0000,,nothing is going to change, Dialogue: 0,0:07:23.88,0:07:26.68,Default,,0000,0000,0000,,but with such a restoration story, Dialogue: 0,0:07:26.71,0:07:29.58,Default,,0000,0000,0000,,almost everything can change. Dialogue: 0,0:07:30.92,0:07:33.64,Default,,0000,0000,0000,,The story we need to tell Dialogue: 0,0:07:33.67,0:07:37.31,Default,,0000,0000,0000,,is a story which will appeal\Nto as wide a range of people as possible, Dialogue: 0,0:07:37.33,0:07:39.81,Default,,0000,0000,0000,,crossing political fault lines. Dialogue: 0,0:07:39.83,0:07:43.39,Default,,0000,0000,0000,,It should resonate\Nwith deep needs and desires. Dialogue: 0,0:07:43.42,0:07:46.60,Default,,0000,0000,0000,,It should be simple and intelligible, Dialogue: 0,0:07:46.62,0:07:49.39,Default,,0000,0000,0000,,and it should be grounded in reality. Dialogue: 0,0:07:49.42,0:07:53.75,Default,,0000,0000,0000,,Now, I admit that all of this sounds\Nlike a bit of a tall order. Dialogue: 0,0:07:54.54,0:07:56.39,Default,,0000,0000,0000,,But I believe that in Western nations, Dialogue: 0,0:07:56.42,0:07:59.77,Default,,0000,0000,0000,,there is actually a story like this Dialogue: 0,0:07:59.79,0:08:01.12,Default,,0000,0000,0000,,waiting to be told. Dialogue: 0,0:08:02.83,0:08:04.14,Default,,0000,0000,0000,,Over the past few years, Dialogue: 0,0:08:04.17,0:08:07.60,Default,,0000,0000,0000,,there's been a fascinating\Nconvergence of findings Dialogue: 0,0:08:07.62,0:08:09.27,Default,,0000,0000,0000,,in several different sciences, Dialogue: 0,0:08:09.29,0:08:14.35,Default,,0000,0000,0000,,in psychology and anthropology\Nand neuroscience and evolutionary biology, Dialogue: 0,0:08:14.38,0:08:18.06,Default,,0000,0000,0000,,and they all tell us\Nsomething pretty amazing: Dialogue: 0,0:08:18.08,0:08:23.35,Default,,0000,0000,0000,,that human beings have got\Nthis massive capacity for altruism. Dialogue: 0,0:08:23.38,0:08:27.39,Default,,0000,0000,0000,,Sure, we all have a bit of selfishness\Nand greed inside us, Dialogue: 0,0:08:27.42,0:08:31.75,Default,,0000,0000,0000,,but in most people,\Nthose are not our dominant values. Dialogue: 0,0:08:32.42,0:08:36.64,Default,,0000,0000,0000,,And we also turn out to be\Nthe supreme cooperators. Dialogue: 0,0:08:36.67,0:08:38.77,Default,,0000,0000,0000,,We survived the African savannas, Dialogue: 0,0:08:38.79,0:08:44.39,Default,,0000,0000,0000,,despite being weaker and slower\Nthan our predators and most of our prey, Dialogue: 0,0:08:44.42,0:08:49.68,Default,,0000,0000,0000,,by an amazing ability\Nto engage in mutual aid, Dialogue: 0,0:08:49.71,0:08:54.89,Default,,0000,0000,0000,,and that urge to cooperate\Nhas been hardwired into our minds Dialogue: 0,0:08:54.92,0:08:56.93,Default,,0000,0000,0000,,through natural selection. Dialogue: 0,0:08:56.96,0:09:01.81,Default,,0000,0000,0000,,These are the central,\Ncrucial facts about humankind: Dialogue: 0,0:09:01.83,0:09:05.62,Default,,0000,0000,0000,,our amazing altruism and cooperation. Dialogue: 0,0:09:06.71,0:09:10.35,Default,,0000,0000,0000,,But something has gone horribly wrong. Dialogue: 0,0:09:10.38,0:09:12.60,Default,,0000,0000,0000,,Disorder afflicts the land. Dialogue: 0,0:09:12.62,0:09:15.23,Default,,0000,0000,0000,,(Laughter) Dialogue: 0,0:09:15.25,0:09:18.31,Default,,0000,0000,0000,,Our good nature has been thwarted\Nby several forces, Dialogue: 0,0:09:18.33,0:09:22.60,Default,,0000,0000,0000,,but I think the most powerful of them\Nis the dominant political narrative Dialogue: 0,0:09:22.62,0:09:24.35,Default,,0000,0000,0000,,of our times, Dialogue: 0,0:09:24.38,0:09:30.64,Default,,0000,0000,0000,,which tells us that we should live\Nin extreme individualism Dialogue: 0,0:09:30.67,0:09:33.18,Default,,0000,0000,0000,,and competition with each other. Dialogue: 0,0:09:33.21,0:09:38.81,Default,,0000,0000,0000,,It pushes us to fight each other,\Nto fear and mistrust each other. Dialogue: 0,0:09:38.83,0:09:40.52,Default,,0000,0000,0000,,It atomizes society. Dialogue: 0,0:09:40.54,0:09:46.02,Default,,0000,0000,0000,,It weakens the social bonds\Nthat make our lives worth living. Dialogue: 0,0:09:46.04,0:09:49.02,Default,,0000,0000,0000,,And into that vacuum Dialogue: 0,0:09:49.04,0:09:54.14,Default,,0000,0000,0000,,grow these violent, intolerant forces. Dialogue: 0,0:09:54.17,0:09:56.29,Default,,0000,0000,0000,,We are a society of altruists, Dialogue: 0,0:09:58.04,0:10:00.23,Default,,0000,0000,0000,,but we are governed by psychopaths. Dialogue: 0,0:10:00.25,0:10:04.67,Default,,0000,0000,0000,,(Applause) Dialogue: 0,0:10:09.12,0:10:10.98,Default,,0000,0000,0000,,But it doesn't have to be like this. Dialogue: 0,0:10:11.00,0:10:12.31,Default,,0000,0000,0000,,It really doesn't, Dialogue: 0,0:10:12.33,0:10:16.77,Default,,0000,0000,0000,,because we have this incredible capacity\Nfor togetherness and belonging, Dialogue: 0,0:10:16.79,0:10:18.73,Default,,0000,0000,0000,,and by invoking that capacity, Dialogue: 0,0:10:18.75,0:10:23.89,Default,,0000,0000,0000,,we can recover those amazing\Ncomponents of our humanity: Dialogue: 0,0:10:23.92,0:10:27.06,Default,,0000,0000,0000,,our altruism and cooperation. Dialogue: 0,0:10:27.08,0:10:32.23,Default,,0000,0000,0000,,Where there is atomization,\Nwe can build a thriving civic life Dialogue: 0,0:10:32.25,0:10:35.23,Default,,0000,0000,0000,,with a rich participatory culture. Dialogue: 0,0:10:35.25,0:10:39.31,Default,,0000,0000,0000,,Where we find ourselves crushed\Nbetween market and state, Dialogue: 0,0:10:39.33,0:10:45.18,Default,,0000,0000,0000,,we can build an economics\Nthat respects both people and planet. Dialogue: 0,0:10:45.21,0:10:50.56,Default,,0000,0000,0000,,And we can create this economics\Naround that great neglected sphere, Dialogue: 0,0:10:50.58,0:10:51.93,Default,,0000,0000,0000,,the commons. Dialogue: 0,0:10:51.96,0:10:56.39,Default,,0000,0000,0000,,The commons is neither market nor state,\Ncapitalism nor communism, Dialogue: 0,0:10:56.42,0:10:58.81,Default,,0000,0000,0000,,but it consists of three main elements: Dialogue: 0,0:10:58.83,0:11:00.68,Default,,0000,0000,0000,,a particular resource; Dialogue: 0,0:11:00.71,0:11:03.89,Default,,0000,0000,0000,,a particular community\Nthat manages that resource; Dialogue: 0,0:11:03.92,0:11:09.14,Default,,0000,0000,0000,,and the rules and negotiations\Nthe community develops to manage it. Dialogue: 0,0:11:09.17,0:11:13.43,Default,,0000,0000,0000,,Think of community broadband\Nor community energy cooperatives Dialogue: 0,0:11:13.46,0:11:16.64,Default,,0000,0000,0000,,or the shared land\Nfor growing fruit and vegetables Dialogue: 0,0:11:16.67,0:11:19.43,Default,,0000,0000,0000,,that in Britain we call allotments. Dialogue: 0,0:11:19.46,0:11:22.48,Default,,0000,0000,0000,,A common can't be sold,\Nit can't be given away, Dialogue: 0,0:11:22.50,0:11:27.08,Default,,0000,0000,0000,,and its benefits are shared equally\Namong the members of the community. Dialogue: 0,0:11:28.00,0:11:31.64,Default,,0000,0000,0000,,Where we have been ignored and exploited, Dialogue: 0,0:11:31.67,0:11:33.60,Default,,0000,0000,0000,,we can revive our politics. Dialogue: 0,0:11:33.62,0:11:38.14,Default,,0000,0000,0000,,We can recover democracy\Nfrom the people who have captured it. Dialogue: 0,0:11:38.17,0:11:41.52,Default,,0000,0000,0000,,We can use new rules\Nand methods of elections Dialogue: 0,0:11:41.54,0:11:47.68,Default,,0000,0000,0000,,to ensure that financial power\Nnever trumps democratic power again. Dialogue: 0,0:11:47.71,0:11:50.88,Default,,0000,0000,0000,,(Applause) Dialogue: 0,0:11:54.42,0:11:59.39,Default,,0000,0000,0000,,Representative democracy should\Nbe tempered by participatory democracy Dialogue: 0,0:11:59.42,0:12:02.27,Default,,0000,0000,0000,,so that we can refine\Nour political choices, Dialogue: 0,0:12:02.29,0:12:07.43,Default,,0000,0000,0000,,and that choice should be exercised\Nas much as possible at the local level. Dialogue: 0,0:12:07.46,0:12:12.92,Default,,0000,0000,0000,,If something can be decided locally,\Nit shouldn't be determined nationally. Dialogue: 0,0:12:14.12,0:12:18.71,Default,,0000,0000,0000,,And I call all this\Nthe politics of belonging. Dialogue: 0,0:12:19.36,0:12:22.98,Default,,0000,0000,0000,,Now, I think this has got\Nthe potential to appeal Dialogue: 0,0:12:23.00,0:12:25.64,Default,,0000,0000,0000,,across quite a wide range of people, Dialogue: 0,0:12:25.67,0:12:29.27,Default,,0000,0000,0000,,and the reason for this\Nis that among the very few values Dialogue: 0,0:12:29.29,0:12:32.31,Default,,0000,0000,0000,,that both left and right share Dialogue: 0,0:12:32.33,0:12:35.68,Default,,0000,0000,0000,,are belonging and community. Dialogue: 0,0:12:35.71,0:12:38.18,Default,,0000,0000,0000,,And we might mean\Nslightly different things by them, Dialogue: 0,0:12:38.21,0:12:41.23,Default,,0000,0000,0000,,but at least we start\Nwith some language in common. Dialogue: 0,0:12:41.25,0:12:46.35,Default,,0000,0000,0000,,In fact, you can see a lot of politics\Nas being a search for belonging. Dialogue: 0,0:12:46.38,0:12:49.56,Default,,0000,0000,0000,,Even fascists seek community, Dialogue: 0,0:12:49.58,0:12:52.64,Default,,0000,0000,0000,,albeit a frighteningly\Nhomogenous community Dialogue: 0,0:12:52.67,0:12:55.31,Default,,0000,0000,0000,,where everyone looks the same\Nand wears the same uniform Dialogue: 0,0:12:55.33,0:12:57.89,Default,,0000,0000,0000,,and chants the same slogans. Dialogue: 0,0:12:57.92,0:13:02.35,Default,,0000,0000,0000,,What we need to create\Nis a community based on bridging networks, Dialogue: 0,0:13:02.38,0:13:03.85,Default,,0000,0000,0000,,not bonding networks. Dialogue: 0,0:13:03.88,0:13:08.27,Default,,0000,0000,0000,,Now a bonding network brings together\Npeople from a homogenous group, Dialogue: 0,0:13:08.29,0:13:12.81,Default,,0000,0000,0000,,whereas a bridging network brings together\Npeople from different groups. Dialogue: 0,0:13:12.83,0:13:14.81,Default,,0000,0000,0000,,And my belief is that if we create Dialogue: 0,0:13:14.83,0:13:19.52,Default,,0000,0000,0000,,sufficiently rich and vibrant\Nbridging communities, Dialogue: 0,0:13:19.54,0:13:24.48,Default,,0000,0000,0000,,we can thwart the urge\Nfor people to burrow into the security Dialogue: 0,0:13:24.50,0:13:26.98,Default,,0000,0000,0000,,of a homogenous bonding community Dialogue: 0,0:13:27.00,0:13:29.46,Default,,0000,0000,0000,,defending themselves against the other. Dialogue: 0,0:13:31.58,0:13:33.56,Default,,0000,0000,0000,,So in summary, Dialogue: 0,0:13:33.58,0:13:36.75,Default,,0000,0000,0000,,our new story could go\Nsomething like this. Dialogue: 0,0:13:38.67,0:13:41.06,Default,,0000,0000,0000,,Disorder afflicts the land! Dialogue: 0,0:13:41.08,0:13:42.10,Default,,0000,0000,0000,,(Laughter) Dialogue: 0,0:13:42.12,0:13:44.48,Default,,0000,0000,0000,,Caused by the powerful\Nand nefarious forces Dialogue: 0,0:13:44.50,0:13:48.52,Default,,0000,0000,0000,,of people who say\Nthere's no such thing as society, Dialogue: 0,0:13:48.54,0:13:51.89,Default,,0000,0000,0000,,who tell us that\Nour highest purpose in life Dialogue: 0,0:13:51.92,0:13:55.38,Default,,0000,0000,0000,,is to fight like stray dogs\Nover a dustbin. Dialogue: 0,0:13:56.71,0:13:59.73,Default,,0000,0000,0000,,But the heroes of the story, us, Dialogue: 0,0:13:59.75,0:14:02.43,Default,,0000,0000,0000,,we'll revolt against this disorder. Dialogue: 0,0:14:02.46,0:14:08.06,Default,,0000,0000,0000,,We will fight those nefarious forces\Nby building rich, engaging, Dialogue: 0,0:14:08.08,0:14:10.77,Default,,0000,0000,0000,,inclusive and generous communities, Dialogue: 0,0:14:10.79,0:14:12.39,Default,,0000,0000,0000,,and, in doing so, Dialogue: 0,0:14:12.42,0:14:15.10,Default,,0000,0000,0000,,we will restore harmony to the land. Dialogue: 0,0:14:15.12,0:14:18.75,Default,,0000,0000,0000,,(Applause) Dialogue: 0,0:14:22.62,0:14:26.18,Default,,0000,0000,0000,,Now whether or not\Nyou feel this is the right story, Dialogue: 0,0:14:26.21,0:14:28.60,Default,,0000,0000,0000,,I hope you'll agree that we need one. Dialogue: 0,0:14:28.62,0:14:30.98,Default,,0000,0000,0000,,We need a new restoration story, Dialogue: 0,0:14:31.00,0:14:35.10,Default,,0000,0000,0000,,which is going to guide us\Nout of the mess we're in, Dialogue: 0,0:14:35.12,0:14:39.88,Default,,0000,0000,0000,,which tells us why we're in the mess\Nand tells us how to get out of that mess. Dialogue: 0,0:14:40.54,0:14:43.64,Default,,0000,0000,0000,,And that story, if we tell it right, Dialogue: 0,0:14:43.67,0:14:47.88,Default,,0000,0000,0000,,will infect the minds of people\Nacross the political spectrum. Dialogue: 0,0:14:48.67,0:14:54.43,Default,,0000,0000,0000,,Our task is to tell the story\Nthat lights the path to a better world. Dialogue: 0,0:14:54.46,0:14:55.73,Default,,0000,0000,0000,,Thank you. Dialogue: 0,0:14:55.75,0:14:59.38,Default,,0000,0000,0000,,(Applause)