TED: Why do we blame individuals for economic crises? | Liene Ozoliņa

The video explores the impact of the 2008 financial crisis on Latvia, focusing on austerity measures and their effects on society. It highlights the paradox of individual responsibility in unemployment programs and critiques neoliberal policies. Personal stories illustrate the crisis's impact, emphasizing the need for compassionate social policies to address inequality.

What was the narrator's initial reaction to the graffiti they saw in Riga?

• They reported it to the authorities.

• They took a photo and shared it on social media.

• They were stopped in their tracks and pondered its meaning.

• They ignored it and continued walking.

How did the Latvian society react to the austerity measures compared to Greece?

• They sought international intervention.

• They formed a new political party.

• They accepted the measures quietly.

• They protested violently like in Greece.

How did the austerity measures affect the Latvian economy?

• It grew by 25%.

• It remained stable.

• It shrank by 25%.

• It became the fastest growing in Europe.

What was the main focus of the seminars attended by the unemployed in Latvia?

• Networking with potential employers.

• Focusing on personal strengths and weaknesses.

• Discussing political reforms.

• Learning new technical skills.

What was the main message of the social programs during the crisis?

• To rely on state support.

• To focus on community building.

• To take personal responsibility for unemployment.

• To protest against the government.

What did Jonathan perceive the crisis as?

• An opportunity for self-reflection.

• A personal failure.

• A chance to emigrate.

• A reason to protest.

What book did Ivers bring to the unemployment office?

• A history of Latvia.

• A novel about the financial crisis.

• A guide to starting a business.

• A book on stress management.

What is the 'neoliberal center state' as described in the transcript?

• A state that prioritizes education reform.

• A state that equally supports all citizens.

• A state that favors the wealthy while neglecting the poor.

• A state that focuses on environmental policies.

What does the narrator suggest is a consequence of high economic inequality?

• Higher employment rates.

• More mental and physical health problems.

• Lower levels of anxiety.

• Increased social trust.

What does the narrator argue is needed in social policies?

• Promotion of social justice and equality.

• Increased emphasis on individual responsibility.

• Stricter immigration controls.

• More focus on moral education.