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Gary on PoliticsJOE

February 18, 2024
Wealth Inequality Enough is Enough Tax Wealth Not Work Economics of Covid Rich get Richer Poor get Poorer Economics Explained Tax the Rich End Austerity Billionaire Poverty
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as<00:00:00.080> soon<00:00:00.199> as<00:00:00.280> you<00:00:00.680> understand<00:00:01.040> that<00:00:01.160> all<00:00:01.319> the

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as soon as you understand that all the

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as soon as you understand that all the best<00:00:01.680> economists<00:00:02.360> are<00:00:02.520> paid<00:00:02.679> £2<00:00:02.879> million<00:00:03.360> a

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best economists are paid £2 million a

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best economists are paid £2 million a year<00:00:03.800> to<00:00:03.919> shut<00:00:04.120> the<00:00:04.480> up<00:00:04.600> and<00:00:04.759> bet<00:00:04.920> on<00:00:05.040> it<00:00:05.240> what

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year to shut the up and bet on it what

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year to shut the up and bet on it what do<00:00:05.400> you<00:00:05.480> think<00:00:05.600> is<00:00:05.680> going<00:00:05.799> to<00:00:05.879> happen<00:00:06.040> to<00:00:06.160> the

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do you think is going to happen to the

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do you think is going to happen to the economy<00:00:06.680> wealth<00:00:06.879> of<00:00:06.960> the<00:00:07.040> rich<00:00:07.240> is<00:00:07.439> exploding

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economy wealth of the rich is exploding

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economy wealth of the rich is exploding at<00:00:08.519> the<00:00:08.599> same<00:00:08.800> time<00:00:08.960> that<00:00:09.120> wealth<00:00:09.280> of<00:00:09.320> the

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at the same time that wealth of the

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at the same time that wealth of the middle<00:00:09.639> class<00:00:09.840> is<00:00:09.960> collapsing<00:00:10.679> and<00:00:10.800> wealth<00:00:11.000> of

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middle class is collapsing and wealth of

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middle class is collapsing and wealth of government<00:00:11.440> is<00:00:11.599> collapsing<00:00:12.200> do<00:00:12.320> you<00:00:12.400> not

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government is collapsing do you not

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government is collapsing do you not think<00:00:12.679> these<00:00:12.799> two<00:00:12.960> things<00:00:13.080> are<00:00:13.320> fing

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think these two things are fing

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think these two things are fing connected<00:00:14.240> we<00:00:14.360> can<00:00:14.519> fix<00:00:14.839> this<00:00:15.360> you<00:00:15.440> know

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connected we can fix this you know

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connected we can fix this you know inequality<00:00:16.160> doesn't<00:00:16.440> just<00:00:16.600> have<00:00:16.720> to<00:00:16.840> go<00:00:17.000> up

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inequality doesn't just have to go up

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inequality doesn't just have to go up forever<00:00:17.680> you<00:00:17.800> know<00:00:17.960> the<00:00:18.080> last<00:00:18.279> time

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forever you know the last time

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forever you know the last time inequality<00:00:18.960> really<00:00:19.199> significantly

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inequality really significantly

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inequality really significantly decreased<00:00:20.080> in<00:00:20.199> this<00:00:20.359> country<00:00:20.880> and<00:00:21.039> across

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decreased in this country and across

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decreased in this country and across Europe<00:00:21.560> was<00:00:21.680> after<00:00:21.880> the<00:00:21.960> second<00:00:22.199> world<00:00:22.400> war

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Europe was after the second world war

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Europe was after the second world war that<00:00:22.800> happened<00:00:23.080> because<00:00:23.320> people<00:00:23.760> fought<00:00:24.000> and

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that happened because people fought and

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that happened because people fought and demanded<00:00:24.519> it<00:00:24.720> if<00:00:24.840> you<00:00:25.039> do<00:00:25.240> not<00:00:25.480> fix<00:00:25.760> inequality

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demanded it if you do not fix inequality

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demanded it if you do not fix inequality youring<00:00:27.039> kids<00:00:27.320> lives<00:00:27.480> will<00:00:27.599> be<00:00:27.760> sh<00:00:28.119> and<00:00:28.199> it<00:00:28.279> can

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youring kids lives will be sh and it can

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youring kids lives will be sh and it can get<00:00:28.640> much<00:00:28.840> worse<00:00:29.119> than<00:00:29.279> this<00:00:29.519> right<00:00:30.000> go<00:00:30.160> look

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get much worse than this right go look

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get much worse than this right go look at<00:00:30.480> what<00:00:30.960> average<00:00:31.279> living<00:00:31.480> standards<00:00:31.840> are

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at what average living standards are

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at what average living standards are like<00:00:32.119> in<00:00:32.279> really<00:00:32.520> unequal<00:00:32.960> countries<00:00:33.520> go<00:00:33.640> to

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like in really unequal countries go to

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like in really unequal countries go to Mumbai<00:00:34.480> go<00:00:34.600> to<00:00:34.760> South<00:00:35.079> powera<00:00:35.440> go<00:00:35.559> to

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Mumbai go to South powera go to

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Mumbai go to South powera go to Johannesburg<00:00:36.440> you<00:00:36.559> know<00:00:36.960> and<00:00:37.079> if<00:00:37.200> you<00:00:37.360> think

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Johannesburg you know and if you think

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Johannesburg you know and if you think that<00:00:37.879> can't<00:00:38.079> happen<00:00:38.280> in<00:00:38.399> this<00:00:38.559> country<00:00:39.200> you

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that can't happen in this country you

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that can't happen in this country you know<00:00:39.480> reading<00:00:39.920> Charles<00:00:40.200> Dickens