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Growth won't save us

February 12, 2025
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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growth<00:00:00.520> is<00:00:00.719> the<00:00:00.880> number<00:00:01.120> one<00:00:01.319> priority<00:00:02.159> of

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growth is the number one priority of

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growth is the number one priority of this<00:00:02.840> government<00:00:03.320> it<00:00:03.360> has<00:00:03.520> become<00:00:03.840> basically

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this government it has become basically

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this government it has become basically a<00:00:04.680> mantra<00:00:05.279> basically<00:00:05.920> a<00:00:06.120> prayer<00:00:06.720> which<00:00:06.879> is

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a mantra basically a prayer which is

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a mantra basically a prayer which is don't<00:00:07.319> worry<00:00:07.600> about<00:00:08.080> anything<00:00:08.360> else<00:00:08.760> just

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don't worry about anything else just

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don't worry about anything else just grow<00:00:09.639> just<00:00:09.880> grow<00:00:10.280> it's<00:00:10.519> basically<00:00:10.800> reached

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grow just grow it's basically reached

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grow just grow it's basically reached the<00:00:11.160> point<00:00:11.360> where<00:00:11.559> growth<00:00:11.840> has<00:00:12.000> become

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the point where growth has become

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the point where growth has become essentially<00:00:12.679> a<00:00:12.840> code<00:00:13.160> word<00:00:13.519> from<00:00:13.679> the<00:00:13.839> very

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essentially a code word from the very

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essentially a code word from the very rich<00:00:14.440> which<00:00:14.599> is<00:00:15.080> I'm<00:00:15.240> an<00:00:15.400> idiot<00:00:15.839> I<00:00:16.000> don't

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rich which is I'm an idiot I don't

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rich which is I'm an idiot I don't understand<00:00:16.480> this<00:00:16.720> problem<00:00:17.240> I<00:00:17.359> have<00:00:17.480> no<00:00:17.680> real

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understand this problem I have no real

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understand this problem I have no real solutions<00:00:18.680> but<00:00:19.039> just<00:00:20.640> grow<00:00:21.439> we<00:00:21.640> hear

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solutions but just grow we hear

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solutions but just grow we hear these<00:00:22.160> kinds<00:00:22.359> of<00:00:22.519> arguments<00:00:23.119> the<00:00:23.320> problem

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these kinds of arguments the problem

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these kinds of arguments the problem with<00:00:23.760> Britain<00:00:24.199> is<00:00:24.760> we're<00:00:24.960> just<00:00:25.160> not

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with Britain is we're just not

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with Britain is we're just not productive<00:00:25.880> enough<00:00:26.279> if<00:00:26.439> the<00:00:26.599> fundamental

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productive enough if the fundamental

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productive enough if the fundamental problem<00:00:27.640> is<00:00:27.760> a<00:00:27.880> lack<00:00:28.039> of<00:00:28.240> productivity<00:00:29.240> why<00:00:30.000> Is

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problem is a lack of productivity why Is

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problem is a lack of productivity why Is wealth<00:00:30.519> of<00:00:30.720> the<00:00:30.920> richest<00:00:31.480> people<00:00:31.720> in<00:00:31.800> the

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wealth of the richest people in the

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wealth of the richest people in the country<00:00:32.800> the<00:00:32.960> richest<00:00:33.239> people<00:00:33.399> in<00:00:33.480> the<00:00:33.559> world

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country the richest people in the world

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country the richest people in the world Millionaires<00:00:34.160> and<00:00:34.239> billionaires<00:00:35.000> why<00:00:35.160> are

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Millionaires and billionaires why are

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Millionaires and billionaires why are these<00:00:35.760> people's<00:00:36.200> wealth<00:00:36.840> exploding<00:00:37.760> through

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these people's wealth exploding through

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these people's wealth exploding through the<00:00:38.120> ceiling<00:00:38.960> I<00:00:39.120> always<00:00:39.399> remember<00:00:40.079> in<00:00:40.200> the

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the ceiling I always remember in the

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the ceiling I always remember in the middle<00:00:40.559> of<00:00:40.719> the<00:00:40.920> depth<00:00:41.200> of<00:00:41.320> the<00:00:41.399> cost<00:00:41.600> of

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middle of the depth of the cost of

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middle of the depth of the cost of living<00:00:41.920> crisis<00:00:42.239> the<00:00:42.360> financial<00:00:42.719> times<00:00:42.960> had<00:00:43.120> an

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living crisis the financial times had an

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living crisis the financial times had an article<00:00:43.920> and<00:00:44.079> the<00:00:44.239> headline<00:00:44.760> was<00:00:45.160> will<00:00:45.559> the

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article and the headline was will the

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article and the headline was will the Boom<00:00:46.320> in<00:00:46.559> luxury<00:00:47.280> goods<00:00:47.760> ever<00:00:48.039> stop<00:00:48.640> if<00:00:48.760> you

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Boom in luxury goods ever stop if you

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Boom in luxury goods ever stop if you live<00:00:49.039> in<00:00:49.160> a<00:00:49.440> country<00:00:49.760> and<00:00:49.879> a<00:00:50.000> world<00:00:50.320> where

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live in a country and a world where

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live in a country and a world where living<00:00:50.760> standards<00:00:51.160> of<00:00:51.360> ordinary<00:00:51.760> people<00:00:51.960> are

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living standards of ordinary people are

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living standards of ordinary people are collapsing<00:00:52.800> and<00:00:52.960> living<00:00:53.239> standards<00:00:53.680> of<00:00:53.800> the

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collapsing and living standards of the

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collapsing and living standards of the riches<00:00:54.320> are<00:00:54.640> exploding<00:00:55.600> through<00:00:55.879> the<00:00:55.960> room

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riches are exploding through the room

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riches are exploding through the room stock<00:00:56.719> markets<00:00:57.039> are<00:00:57.280> exploding<00:00:57.760> to<00:00:57.920> new

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stock markets are exploding to new

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stock markets are exploding to new alltime<00:00:58.519> highs<00:00:59.000> the<00:00:59.120> gold<00:00:59.399> price<00:01:00.000> massive<00:01:00.239> new

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alltime highs the gold price massive new

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alltime highs the gold price massive new Ori<00:01:00.960> yesterday<00:01:01.559> do<00:01:01.719> you<00:01:01.920> really<00:01:02.160> think<00:01:02.359> the

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Ori yesterday do you really think the

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Ori yesterday do you really think the problem<00:01:02.760> is<00:01:03.000> productivity<00:01:03.519> growth<00:01:03.960> do<00:01:04.040> you

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problem is productivity growth do you

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problem is productivity growth do you not<00:01:04.320> think<00:01:04.439> there<00:01:04.559> might<00:01:04.760> be<00:01:04.839> a<00:01:04.960> deeper

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not think there might be a deeper

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not think there might be a deeper problem<00:01:05.479> with<00:01:05.600> inequality<00:01:06.439> it's<00:01:06.720> very<00:01:07.040> very

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problem with inequality it's very very

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problem with inequality it's very very important<00:01:08.040> that<00:01:08.200> that<00:01:08.360> people<00:01:08.560> like<00:01:08.720> you

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important that that people like you

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important that that people like you understand<00:01:09.360> inequality<00:01:09.880> is<00:01:10.000> growing<00:01:10.799> and

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understand inequality is growing and

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understand inequality is growing and inequality<00:01:11.680> is<00:01:11.759> growing<00:01:12.000> very<00:01:12.159> quickly<00:01:12.720> and

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inequality is growing very quickly and

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inequality is growing very quickly and when<00:01:13.000> inequality<00:01:13.439> grows<00:01:13.759> quickly<00:01:14.040> living

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when inequality grows quickly living

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when inequality grows quickly living standards<00:01:14.560> for<00:01:14.680> the<00:01:14.759> rich<00:01:14.920> increase<00:01:15.280> and

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standards for the rich increase and

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standards for the rich increase and living<00:01:15.600> standards<00:01:16.000> for<00:01:16.200> for<00:01:16.320> the<00:01:16.400> poor<00:01:16.600> fult

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living standards for for the poor fult

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living standards for for the poor fult people<00:01:17.200> like<00:01:17.400> our<00:01:17.759> are<00:01:17.920> very<00:01:18.119> wealthy

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people like our are very wealthy

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people like our are very wealthy politicians<00:01:19.080> they're<00:01:19.280> not<00:01:19.360> going<00:01:19.479> to<00:01:19.560> do

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politicians they're not going to do

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politicians they're not going to do anything<00:01:19.920> about<00:01:20.119> it<00:01:20.520> it<00:01:20.680> has<00:01:20.799> to<00:01:20.960> be<00:01:21.439> you<00:01:21.720> it

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anything about it it has to be you it

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anything about it it has to be you it has<00:01:22.000> to<00:01:22.119> be<00:01:22.280> me<00:01:22.880> we<00:01:23.040> have<00:01:23.119> to<00:01:23.240> scream<00:01:23.520> at<00:01:23.640> these

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has to be me we have to scream at these

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has to be me we have to scream at these politicians<00:01:24.240> and<00:01:24.360> say<00:01:24.600> the<00:01:24.759> problem<00:01:25.280> is<00:01:25.479> not

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politicians and say the problem is not

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politicians and say the problem is not economic<00:01:26.280> growth<00:01:26.880> the<00:01:27.079> problem<00:01:27.400> is<00:01:27.640> growth<00:01:27.960> of

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economic growth the problem is growth of

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economic growth the problem is growth of inequality<00:01:28.600> of<00:01:28.759> wealth<00:01:29.079> if<00:01:29.159> you<00:01:29.240> don't<00:01:29.439> fix<00:01:29.680> it

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inequality of wealth if you don't fix it

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inequality of wealth if you don't fix it our<00:01:30.119> living<00:01:30.320> stands<00:01:30.600> will<00:01:30.759> collapse<00:01:31.439> it's<00:01:31.600> not

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our living stands will collapse it's not

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our living stands will collapse it's not growth<00:01:32.159> it's<00:01:32.280> inequality<00:01:32.880> stupid<00:01:33.360> we<00:01:33.479> have<00:01:33.560> to

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growth it's inequality stupid we have to

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growth it's inequality stupid we have to fix<00:01:33.920> it<00:01:34.280> thank<00:01:34.439> you