18th century Europe isn't a good benchmark for our living standards
March 06, 2025
Wealth InequalityEnough is EnoughTax Wealth Not WorkEconomics of CovidRich get RicherPoor get PoorerEconomics ExplainedTax the RichEnd AusterityBillionairePoverty
so the average person now under the
system<00:00:03.120> of<00:00:03.560> capitalism<00:00:04.560> uh<00:00:04.680> has<00:00:04.799> a<00:00:04.960> living
system of capitalism uh has a living
standard<00:00:06.040> which<00:00:06.319> exceeds<00:00:07.279> that<00:00:07.560> of<00:00:07.720> an<00:00:08.000> 18th
century Monarch uh and therefore hence
why<00:00:11.639> I<00:00:11.759> say<00:00:11.920> to<00:00:12.040> you<00:00:12.160> that<00:00:12.320> capitalism<00:00:13.160> is<00:00:13.320> a
why I say to you that capitalism is a
Force<00:00:13.920> for<00:00:14.200> good<00:00:14.480> my<00:00:14.639> friends<00:00:15.320> what<00:00:15.480> we<00:00:15.639> need
the heating on which I don't know
whether<00:00:31.039> that<00:00:31.119> was<00:00:31.240> a<00:00:31.359> problem<00:00:31.560> for<00:00:31.679> an<00:00:31.800> 18th
whether that was a problem for an 18th
century<00:00:32.439> monac<00:00:32.800> or<00:00:32.920> not<00:00:33.160> watch<00:00:33.440> my<00:00:33.600> videos
century monac or not watch my videos
from<00:00:34.079> 2020<00:00:34.640> where<00:00:34.760> I<00:00:34.920> predicted<00:00:35.640> an<00:00:35.800> explosion
from 2020 where I predicted an explosion
in<00:00:36.320> inflation<00:00:37.079> an<00:00:37.280> explosion<00:00:37.640> in<00:00:37.840> equality<00:00:38.399> a
those predictions were good is because
it's<00:00:43.120> the<00:00:43.280> same<00:00:43.520> reason<00:00:43.960> I've<00:00:44.079> got<00:00:44.200> a<00:00:44.320> track
predictions for 15 years because I'm
good<00:00:48.120> at<00:00:48.280> this<00:00:48.800> and<00:00:48.920> I<00:00:49.039> could<00:00:49.320> go<00:00:50.320> I<00:00:50.440> could<00:00:50.640> go
good at this and I could go I could go
and<00:00:51.000> I<00:00:51.120> could<00:00:51.360> get<00:00:51.520> paid<00:00:51.760> 22<00:00:51.960> million<00:00:52.440> a<00:00:52.559> year
working for any Investment Bank in
Canary<00:00:55.600> WARF<00:00:55.879> in<00:00:55.960> the<00:00:56.079> city<00:00:56.760> and<00:00:56.920> I<00:00:57.120> cannot
if that is the economic system that you
build<00:01:03.120> you<00:01:03.359> cannot<00:01:03.680> be<00:01:03.920> surprised<00:01:04.720> when<00:01:04.960> all
of the economists are wrong about
everything<00:01:07.960> all<00:01:08.119> of<00:01:08.240> the<00:01:08.360> good<00:01:08.520> Traders<00:01:09.080> know
inequality is destroying the economy and
they<00:01:11.560> don't<00:01:11.759> say<00:01:11.960> anything<00:01:12.280> because<00:01:12.400> they<00:01:12.520> get
they don't say anything because they get
paid<00:01:12.920> millions<00:01:13.240> of<00:01:13.360> pounds<00:01:13.560> a<00:01:13.680> year<00:01:13.799> notzi