HOW do we fix Wealth Inequality? FIXING THE ECONOMY PT.2
I'm Gary Stevenson former trader and people's economist
this is Gary's Economics, today we're gonna talk about "how do we fix the economy"
OK hopefully by now you've watched my videos you understand that wealth inequality is
destroying the economy making housing unaffordable, making jobs bad and wages low
you understand if we change that we can make the economy a lot better, and you're on board
so what do we do well the way i see it it's basically a three-stage process
the end goal is we wanna force powerful people like politicians to make change, to change the tax
system so that it's fair so that super rich pay their fair share of tax, more than the rest of us
but we're not going to be able to do that until we build a movement and we build awareness
so for me it's a three-stage process first we put awareness and understanding
then we build a movement and then we force powerful people to make change
stage one of the process is we need to convince as many people as possible that wealth inequality
is a problem, you know a lot of the media will tell you that wealth inequality yeah
it's a problem but we need it to have a strong economy - nothing could be further from the truth
if you look at me, my personal story i came from nothing i made millions of pounds by understanding
one thing, wealth inequality is destroying the economy, i'm not just saying that I've been
betting on it for 10 years and I've been right for 10 years, if we don't fix wealth inequality it means
unaffordable housing, bad jobs and no financial security for your kids and your grandkids
if we do fix wealth inequality we could have an economy that is so much better
wages that are higher, housing that is affordable now look it's not going to be easy there's a lot
of millionaires and billionaires out there that don't want you to hear this message
they're doing very well the way things are and they don't want things to change
some of them own newspapers some of them put a lot of money into
paying economists and think tanks to tell you that inequality is important for the economy
that is not true! look I've got no reason to tell you this message
i'm a wealthy person, i don't benefit from it but i made my money by understanding and
betting on the true fact that if we don't fix wealth inequality the economy will be weaker
and weaker for future generations, so number one spread that message
help ordinary people to understand we need to fix wealth inequality
if we want to make the economy better and make sure they understand that
that's not about taxing doctors and lawyers it's about taxing the super wealthy families
that get richer and richer every generation by taking money from the rest of us
that's number one: awareness and understanding number two is building a movement
look if you understand that wealth inequality is a problem, then you like me
are gonna want to change the tax system that at the moment
taxes millionaires and billionaires often lower rates than cleaners
but we are not going to be able to make that change happen unless
we have a powerful and big movement, look i'm out here everyday making videos on Youtube
but i'm not gonna be able to make change happen unless i have a big following and
a lot of people are seeing it and not just me but other people are on board
saying the same message, doing the same thing so what i need you to do for me now
is to share this video around but not just that, talk to your friends, talk to your family
read my website www.wealtheconomics.org look at my other videos
educate the people around you, ordinary people who are getting hurt by this system
you know it's our children who will suffer if we don't fix this, ordinary people's children
so tell your friends, tell your work colleagues - let them know
look i come from an ordinary background i can see my sister, my friends
what's happening to their families losing their houses not getting their financial security
tell everyone you know that we need to fix wealth inequality
that's the only way we can fix the economy politicians keep saying they're going to
make things better but they don't do it because they don't address wealth inequality
so tell your friends, tell your family, tell your work colleagues, share my videos with them
say look this guy he comes from an ordinary background he's made money
understanding this and if they're confused send me a message
look i'm out there on all the socials Facebook, Twitter, Youtube ... Instagram
all @garyseconomics, send me messages about what people don't understand
so that i can address them in videos share the stuff i do so that
we can get more people on board hopefully if we keep building that
we can get a big movement that will grow and then we can use that to
force people to make change, so look that's the way it's going to work
first we build the understanding secondly we build the movement
and then we can start forcing politicians to do something
so for now, watch my videos, try and understand what i'm saying
if you've got questions message me on my socials share them with people around you
if you know people who can share them to a big audience, get them on board
and put them in touch with me hopefully we can spread this message
to more and more people ordinary people who are not being represented
so they can fight back to build a better future for our kids
so that's it, three stage message understand what i'm saying
spread it as much as you can and then we can make change happen
Thank you (yeah we're good?)