Wealth InequalityEnough is EnoughTax Wealth Not WorkEconomics of CovidRich get RicherPoor get PoorerEconomics ExplainedTax the RichEnd AusterityBillionairePoverty
>> Because the people who own the machines
are<00:00:07.759> going<00:00:07.839> to<00:00:07.919> use<00:00:08.080> the<00:00:08.240> machines<00:00:08.559> to<00:00:08.800> replace
are going to use the machines to replace
people<00:00:09.280> and<00:00:09.519> then<00:00:09.679> and<00:00:09.840> then,<00:00:10.080> you<00:00:10.240> know,<00:00:10.800> then
people and then and then, you know, then
you<00:00:11.120> won't<00:00:11.280> have<00:00:11.679> job.<00:00:12.000> You<00:00:12.160> know,<00:00:12.400> loads<00:00:12.719> of
you won't have job. You know, loads of
people<00:00:13.040> are<00:00:13.200> probably<00:00:13.360> going<00:00:13.440> to<00:00:13.519> lose<00:00:13.759> their
people are probably going to lose their
jobs.<00:00:14.160> It's<00:00:14.320> just<00:00:14.480> going<00:00:14.559> to<00:00:14.639> drive<00:00:14.799> wages
down. Um, but it's super interesting,
right?<00:00:17.279> Because<00:00:17.680> you<00:00:17.920> have<00:00:18.080> this<00:00:18.320> with<00:00:18.480> a<00:00:18.640> lot
it does it in such a way that it only
benefits<00:00:24.480> the<00:00:24.640> owners<00:00:24.880> of<00:00:25.039> the<00:00:25.199> machines<00:00:25.840> and
benefits the owners of the machines and
it<00:00:26.240> hurts<00:00:26.400> the<00:00:26.640> workers.<00:00:27.039> But,<00:00:27.279> you<00:00:27.439> know,<00:00:27.519> if
it hurts the workers. But, you know, if
if<00:00:28.480> we<00:00:28.720> owned<00:00:29.199> if<00:00:29.359> we<00:00:29.599> if<00:00:29.760> we<00:00:29.920> each<00:00:30.160> had<00:00:30.320> the<00:00:30.560> I'm
if we owned if we if we each had the I'm
going<00:00:30.800> to<00:00:30.880> get<00:00:30.960> called<00:00:31.119> a<00:00:31.279> communist<00:00:31.599> again.
going to get called a communist again.
If<00:00:32.239> we<00:00:32.559> had<00:00:32.880> ownership<00:00:33.280> of<00:00:33.440> these<00:00:33.680> resources,
If we had ownership of these resources,
ordinary<00:00:34.960> people,<00:00:35.520> then<00:00:35.680> we<00:00:35.840> could<00:00:35.920> use<00:00:36.079> them
ordinary people, then we could use them
to<00:00:36.320> our<00:00:36.480> benefit.<00:00:36.880> But<00:00:36.960> the<00:00:37.120> truth<00:00:37.280> is,<00:00:37.520> the
to our benefit. But the truth is, the
people<00:00:37.840> who<00:00:38.079> own<00:00:38.239> these<00:00:38.399> things<00:00:38.640> are<00:00:38.879> going<00:00:38.960> to
people who own these things are going to
use<00:00:39.200> these<00:00:39.440> things<00:00:40.000> to<00:00:40.239> drive<00:00:40.399> your<00:00:40.640> wages
use these things to drive your wages
down<00:00:41.120> to<00:00:41.280> take<00:00:41.440> your<00:00:41.600> job.<00:00:41.840> And<00:00:42.079> that's<00:00:42.480> going
down to take your job. And that's going
to<00:00:42.719> be<00:00:42.800> worse.<00:00:43.040> It's<00:00:43.200> going<00:00:43.280> to<00:00:43.360> be<00:00:43.440> bad<00:00:43.600> for
tech's going to make the world a better
place."<00:00:50.640> as<00:00:50.879> if<00:00:51.039> all<00:00:51.280> of<00:00:51.440> those<00:00:51.600> generations
fighting and fighting for a better share
didn't<00:00:57.120> happen.<00:00:57.440> You<00:00:57.520> know,<00:00:57.840> you<00:00:58.000> don't<00:00:58.160> fight
didn't happen. You know, you don't fight
for<00:00:58.399> your<00:00:58.559> share,<00:00:58.879> you<00:00:58.960> won't<00:00:59.120> get<00:00:59.199> your
for your share, you won't get your
share.<00:00:59.600> Go<00:00:59.760> look<00:00:59.840> at<00:00:59.920> what<00:01:00.079> life<00:01:00.239> is<00:01:00.399> like<00:01:00.719> in
share. Go look at what life is like in
Nigeria<00:01:01.600> and<00:01:01.920> Brazil<00:01:02.399> and<00:01:02.800> India<00:01:03.199> for<00:01:03.520> new
Nigeria and Brazil and India for new
people.<00:01:04.239> Yeah,<00:01:04.400> that<00:01:04.559> will<00:01:04.720> happen<00:01:04.879> here<00:01:05.280> if
people. Yeah, that will happen here if
we<00:01:05.680> don't<00:01:05.840> fight.<00:01:06.080> Um<00:01:06.320> yeah,<00:01:06.560> it's<00:01:06.720> not<00:01:06.880> just
we don't fight. Um yeah, it's not just
technology<00:01:07.520> won't<00:01:07.760> fix<00:01:07.920> It's<00:01:08.159> not<00:01:08.240> Star<00:01:08.479> Trek.