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This Is Why The Rich Get Richer

March 17, 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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okay<00:00:00.560> welcome<00:00:00.840> back<00:00:00.960> to<00:00:01.120> Gary's<00:00:01.520> economics

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okay welcome back to Gary's economics

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okay welcome back to Gary's economics today<00:00:02.919> we<00:00:03.040> are<00:00:03.159> going<00:00:03.280> to<00:00:03.520> explain<00:00:04.319> why<00:00:04.759> the

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today we are going to explain why the

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today we are going to explain why the rich<00:00:05.200> get

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richer<00:00:09.160> all<00:00:09.280> right<00:00:09.400> so<00:00:09.559> I<00:00:09.639> was<00:00:09.800> talking<00:00:10.120> the

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richer all right so I was talking the

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richer all right so I was talking the other<00:00:10.519> day<00:00:10.759> to<00:00:11.759> a<00:00:11.920> good<00:00:12.120> friend<00:00:12.360> of<00:00:12.519> mine<00:00:12.920> a<00:00:13.200> a

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other day to a good friend of mine a a

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other day to a good friend of mine a a Dutch<00:00:13.799> guy<00:00:13.960> who<00:00:14.120> I<00:00:14.320> studied<00:00:14.799> economics<00:00:15.360> with

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Dutch guy who I studied economics with

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Dutch guy who I studied economics with um<00:00:16.480> back<00:00:16.640> at<00:00:16.760> Oxford<00:00:17.199> when<00:00:17.279> I<00:00:17.400> was<00:00:17.600> doing<00:00:17.880> my

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um back at Oxford when I was doing my

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um back at Oxford when I was doing my masters<00:00:18.400> in<00:00:18.560> 17<00:00:18.920> to<00:00:19.080> 19<00:00:19.760> and<00:00:20.039> um<00:00:20.560> when<00:00:20.720> I<00:00:20.800> was<00:00:20.960> at

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masters in 17 to 19 and um when I was at

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masters in 17 to 19 and um when I was at Oxford<00:00:21.640> I<00:00:21.760> was<00:00:22.199> very<00:00:22.519> adamant<00:00:23.480> very<00:00:23.720> adamant

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Oxford I was very adamant very adamant

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Oxford I was very adamant very adamant that<00:00:24.359> the<00:00:24.519> Eon<00:00:24.960> the<00:00:25.240> economy<00:00:25.599> would<00:00:25.760> get<00:00:25.920> worse

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that the Eon the economy would get worse

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that the Eon the economy would get worse and<00:00:26.199> worse<00:00:26.400> for<00:00:26.519> ordinary<00:00:26.880> people<00:00:27.119> living

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and worse for ordinary people living

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and worse for ordinary people living standards<00:00:27.720> would<00:00:27.840> fall<00:00:28.640> because<00:00:29.000> inequality

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standards would fall because inequality

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standards would fall because inequality was<00:00:29.560> increasing<00:00:30.119> and<00:00:30.480> increasing<00:00:31.480> now<00:00:31.800> this

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was increasing and increasing now this

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was increasing and increasing now this is<00:00:32.160> not<00:00:32.360> a<00:00:32.640> popular<00:00:33.160> idea<00:00:33.840> in<00:00:34.160> modern

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is not a popular idea in modern

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is not a popular idea in modern University<00:00:35.960> academic<00:00:36.440> economics<00:00:37.239> and<00:00:37.559> this

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University academic economics and this

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University academic economics and this guy<00:00:38.079> sort<00:00:38.280> of<00:00:38.399> was<00:00:38.680> quite<00:00:38.960> skeptical<00:00:39.559> at<00:00:39.680> the

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guy sort of was quite skeptical at the

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guy sort of was quite skeptical at the time<00:00:40.960> but<00:00:41.120> it's<00:00:41.280> obviously<00:00:41.640> been<00:00:42.200> five<00:00:42.399> or<00:00:42.559> six

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time but it's obviously been five or six

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time but it's obviously been five or six years<00:00:43.039> since<00:00:43.360> then<00:00:43.719> and<00:00:44.440> he<00:00:44.680> and<00:00:44.960> I<00:00:45.239> and<00:00:45.440> you

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years since then and he and I and you

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years since then and he and I and you have<00:00:46.000> seen<00:00:46.280> inequality<00:00:47.000> inequality

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have seen inequality inequality

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have seen inequality inequality massively<00:00:48.079> increase<00:00:48.440> and<00:00:48.559> living<00:00:48.800> standards

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massively increase and living standards

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massively increase and living standards massively<00:00:49.640> decrease<00:00:50.520> and<00:00:50.680> he's<00:00:51.039> got<00:00:51.399> started

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massively decrease and he's got started

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massively decrease and he's got started to<00:00:51.879> be<00:00:52.079> convinced<00:00:53.000> that<00:00:53.160> I'm<00:00:53.359> correct<00:00:54.120> which

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to be convinced that I'm correct which

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to be convinced that I'm correct which um<00:00:55.480> if<00:00:55.559> you<00:00:55.680> stick<00:00:55.920> with<00:00:56.039> my<00:00:56.160> channel<00:00:56.359> for<00:00:56.520> long

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um if you stick with my channel for long

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um if you stick with my channel for long enough<00:00:56.960> and<00:00:57.079> keep<00:00:57.239> seeing<00:00:57.480> my<00:00:57.640> predictions<00:00:58.239> be

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enough and keep seeing my predictions be

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enough and keep seeing my predictions be right<00:00:58.760> hopefully<00:00:59.079> you'll<00:00:59.280> be<00:00:59.440> too<00:01:00.199> so<00:01:00.399> he

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right hopefully you'll be too so he

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right hopefully you'll be too so he messaged<00:01:00.840> me<00:01:00.960> the<00:01:01.039> other<00:01:01.199> day<00:01:01.320> and<00:01:01.399> he<00:01:01.480> was

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messaged me the other day and he was

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messaged me the other day and he was like<00:01:01.920> look<00:01:02.559> I<00:01:02.680> think<00:01:02.800> you're<00:01:03.280> right

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like look I think you're right

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like look I think you're right inequality<00:01:04.799> is<00:01:04.960> just<00:01:05.199> destroying<00:01:05.640> the

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inequality is just destroying the

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inequality is just destroying the economy<00:01:06.560> um<00:01:07.200> I<00:01:07.280> think<00:01:07.439> it's

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economy um I think it's

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economy um I think it's important<00:01:09.159> we<00:01:09.280> need<00:01:09.400> to<00:01:09.479> do<00:01:09.600> something<00:01:09.840> about

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important we need to do something about

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important we need to do something about it<00:01:10.960> but<00:01:11.119> he<00:01:11.280> asked<00:01:11.600> me<00:01:12.600> why<00:01:13.000> is<00:01:13.200> it<00:01:14.200> that

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it but he asked me why is it that

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it but he asked me why is it that suddenly<00:01:15.600> now<00:01:16.280> in<00:01:16.439> the<00:01:16.640> last<00:01:17.520> 20<00:01:17.880> years<00:01:18.080> 10

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suddenly now in the last 20 years 10

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suddenly now in the last 20 years 10 years<00:01:18.479> especially<00:01:18.840> the<00:01:18.960> last<00:01:19.200> 5<00:01:19.400> years<00:01:19.640> why<00:01:19.759> is

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years especially the last 5 years why is

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years especially the last 5 years why is inequality<00:01:20.960> increasing<00:01:22.200> now<00:01:23.200> what<00:01:23.320> is

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inequality increasing now what is

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inequality increasing now what is actually<00:01:24.560> causing<00:01:25.200> the<00:01:25.360> increase<00:01:26.159> inequality

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actually causing the increase inequality

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actually causing the increase inequality uh<00:01:27.280> and<00:01:27.360> I<00:01:27.479> thought<00:01:27.600> that<00:01:27.720> was<00:01:27.799> a<00:01:27.920> really

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uh and I thought that was a really

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uh and I thought that was a really interesting<00:01:28.479> question<00:01:28.799> something<00:01:29.079> that<00:01:29.200> was

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interesting question something that was

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interesting question something that was worth<00:01:30.240> discussing<00:01:30.720> and<00:01:30.880> explaining<00:01:31.320> on<00:01:31.439> the

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worth discussing and explaining on the

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worth discussing and explaining on the channel<00:01:32.360> so<00:01:32.520> I<00:01:32.600> think<00:01:32.759> the<00:01:32.880> first<00:01:33.079> thing<00:01:33.200> you

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channel so I think the first thing you

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channel so I think the first thing you need<00:01:33.479> to<00:01:33.920> know<00:01:34.920> in<00:01:35.079> order<00:01:35.280> to<00:01:35.439> answer<00:01:35.720> that

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need to know in order to answer that

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need to know in order to answer that question<00:01:36.840> is<00:01:37.000> that<00:01:37.119> for<00:01:37.280> the<00:01:37.479> vast<00:01:37.880> majority

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question is that for the vast majority

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question is that for the vast majority of<00:01:39.119> human<00:01:39.479> history<00:01:40.159> at<00:01:40.280> least<00:01:40.479> in<00:01:40.600> the<00:01:40.840> last

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of human history at least in the last

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of human history at least in the last 2,000<00:01:42.399> years<00:01:43.399> human<00:01:43.759> societies<00:01:44.240> have<00:01:44.399> been

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2,000 years human societies have been

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2,000 years human societies have been extremely<00:01:44.960> unequal<00:01:45.439> and<00:01:45.560> living<00:01:45.880> standards

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extremely unequal and living standards

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extremely unequal and living standards have<00:01:46.399> been<00:01:46.520> in<00:01:46.680> most<00:01:46.920> cases<00:01:47.280> very<00:01:47.479> very<00:01:47.680> low<00:01:48.520> it

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have been in most cases very very low it

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have been in most cases very very low it was<00:01:48.799> only<00:01:49.119> really<00:01:49.560> after<00:01:49.960> the<00:01:50.119> second<00:01:50.399> world

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was only really after the second world

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was only really after the second world war<00:01:51.640> that<00:01:51.880> inequality<00:01:52.439> decreased

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war that inequality decreased

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war that inequality decreased significantly<00:01:54.040> in<00:01:54.280> parts<00:01:54.520> of<00:01:54.640> the<00:01:54.840> world<00:01:55.840> here

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significantly in parts of the world here

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significantly in parts of the world here in<00:01:56.520> the<00:01:56.640> UK<00:01:57.000> in<00:01:57.159> Western<00:01:57.520> Europe<00:01:58.000> North

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in the UK in Western Europe North

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in the UK in Western Europe North America<00:01:58.920> places<00:01:59.200> like<00:01:59.399> Japan

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America places like Japan

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America places like Japan but<00:02:01.079> of<00:02:01.159> course<00:02:01.320> in<00:02:01.439> the<00:02:01.520> rest<00:02:01.640> of<00:02:01.719> the<00:02:01.799> world

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but of course in the rest of the world

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but of course in the rest of the world inequality<00:02:02.520> stayed<00:02:02.880> very<00:02:03.119> high<00:02:03.399> and<00:02:03.520> living

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inequality stayed very high and living

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inequality stayed very high and living stand<00:02:04.079> stayed<00:02:04.320> very<00:02:04.479> low<00:02:05.280> but<00:02:05.399> if<00:02:05.520> you<00:02:05.640> go<00:02:05.840> back

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stand stayed very low but if you go back

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stand stayed very low but if you go back and<00:02:06.159> look<00:02:06.439> before<00:02:06.759> World<00:02:07.000> War<00:02:07.200> II<00:02:08.119> basically

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and look before World War II basically

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and look before World War II basically most<00:02:09.160> of<00:02:09.520> history<00:02:09.879> is<00:02:10.200> extremely<00:02:10.759> unequal

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most of history is extremely unequal

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most of history is extremely unequal societies<00:02:11.959> so<00:02:12.160> I<00:02:12.280> think<00:02:12.920> in<00:02:13.040> order<00:02:13.280> to<00:02:13.440> answer

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societies so I think in order to answer

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societies so I think in order to answer the<00:02:13.920> question<00:02:14.599> why<00:02:14.760> is<00:02:14.920> inequality<00:02:15.440> Rising

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the question why is inequality Rising

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the question why is inequality Rising now<00:02:17.239> you<00:02:17.480> first<00:02:17.720> need<00:02:17.879> to<00:02:18.440> understand<00:02:18.840> that

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now you first need to understand that

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now you first need to understand that really<00:02:20.959> it<00:02:21.120> is<00:02:21.319> the<00:02:21.560> last<00:02:22.360> 70<00:02:23.000> years<00:02:24.000> that<00:02:24.120> are

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really it is the last 70 years that are

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really it is the last 70 years that are the<00:02:24.560> exception<00:02:25.560> what<00:02:25.760> we<00:02:25.959> have<00:02:26.319> had<00:02:26.800> is<00:02:27.599> an

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the exception what we have had is an

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the exception what we have had is an exceptional<00:02:28.519> period<00:02:29.280> only<00:02:29.519> in<00:02:29.879> C<00:02:30.160> places

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exceptional period only in C places

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exceptional period only in C places which<00:02:30.840> is<00:02:31.120> that<00:02:31.680> Western<00:02:32.040> Europe<00:02:32.319> North

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which is that Western Europe North

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which is that Western Europe North America<00:02:33.680> Japan<00:02:34.040> Australia<00:02:34.440> a<00:02:34.480> few<00:02:34.680> other

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America Japan Australia a few other

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America Japan Australia a few other places<00:02:35.920> have<00:02:36.120> had<00:02:36.360> historically<00:02:37.000> very<00:02:37.280> un

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places have had historically very un

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places have had historically very un very<00:02:38.120> equal<00:02:38.800> low<00:02:39.080> inequality<00:02:39.640> societies<00:02:40.000> for

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very equal low inequality societies for

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very equal low inequality societies for 70<00:02:40.480> years<00:02:40.720> and<00:02:40.879> very<00:02:41.120> high<00:02:41.280> living<00:02:41.840> standards

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70 years and very high living standards

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70 years and very high living standards that's<00:02:43.040> not<00:02:43.239> normal<00:02:43.920> that<00:02:44.120> didn't

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that's not normal that didn't

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that's not normal that didn't exist<00:02:46.280> almost<00:02:46.640> ever<00:02:46.959> basically<00:02:47.560> it<00:02:47.640> was<00:02:47.800> a

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exist almost ever basically it was a

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exist almost ever basically it was a specific<00:02:49.040> period<00:02:50.040> so<00:02:50.239> the<00:02:50.360> reason<00:02:50.599> that<00:02:50.720> I

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specific period so the reason that I

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specific period so the reason that I mentioned<00:02:51.200> that<00:02:51.400> is<00:02:52.319> it's<00:02:52.560> not<00:02:52.800> actually

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mentioned that is it's not actually

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mentioned that is it's not actually something<00:02:55.360> unusual<00:02:56.000> that<00:02:56.120> is<00:02:56.280> happening<00:02:56.720> now

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something unusual that is happening now

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something unusual that is happening now that<00:02:57.480> inequality<00:02:58.239> is<00:02:58.800> becoming<00:02:59.239> very<00:02:59.440> large

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that inequality is becoming very large

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that inequality is becoming very large this<00:03:00.000> is<00:03:00.480> actually<00:03:01.480> the

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this is actually the

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this is actually the norm<00:03:03.159> so<00:03:03.360> I<00:03:03.480> think<00:03:04.200> if<00:03:04.319> we<00:03:04.480> look<00:03:04.640> at<00:03:04.840> human

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norm so I think if we look at human

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norm so I think if we look at human history<00:03:05.680> we<00:03:05.840> kind<00:03:05.959> of<00:03:06.080> have<00:03:06.239> to<00:03:06.440> accept<00:03:06.920> that

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history we kind of have to accept that

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history we kind of have to accept that human<00:03:08.519> societies<00:03:09.519> tend<00:03:10.040> towards<00:03:11.040> very<00:03:11.239> high

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human societies tend towards very high

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human societies tend towards very high levels<00:03:11.640> of<00:03:11.760> inequality<00:03:12.760> and<00:03:12.920> we<00:03:13.080> have<00:03:13.840> a<00:03:14.000> few

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levels of inequality and we have a few

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levels of inequality and we have a few examples<00:03:15.040> in<00:03:15.159> the<00:03:15.280> last<00:03:15.440> 70<00:03:15.799> years<00:03:16.040> of<00:03:16.159> places

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examples in the last 70 years of places

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examples in the last 70 years of places where<00:03:16.640> that<00:03:16.799> didn't<00:03:17.200> happen<00:03:18.200> so<00:03:18.480> let's

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where that didn't happen so let's

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where that didn't happen so let's discuss<00:03:19.959> why<00:03:20.120> it<00:03:20.239> happens<00:03:20.640> why<00:03:20.760> the

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discuss why it happens why the

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discuss why it happens why the inequality<00:03:21.280> grows<00:03:22.239> in<00:03:22.400> the<00:03:22.599> context<00:03:23.040> of<00:03:23.519> this

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inequality grows in the context of this

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inequality grows in the context of this basically<00:03:24.799> always

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basically always

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basically always happens<00:03:26.920> and<00:03:27.040> what<00:03:27.159> I<00:03:27.239> said<00:03:27.400> to<00:03:27.519> my<00:03:27.680> friend<00:03:27.959> was

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happens and what I said to my friend was

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happens and what I said to my friend was really<00:03:29.799> really<00:03:30.000> it's<00:03:30.159> very<00:03:30.360> simple<00:03:30.760> so<00:03:31.400> you

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really really it's very simple so you

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really really it's very simple so you can<00:03:31.720> look<00:03:31.840> at<00:03:31.959> it<00:03:32.080> in<00:03:32.200> the<00:03:32.439> very<00:03:32.959> specific<00:03:33.519> case

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can look at it in the very specific case

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can look at it in the very specific case which<00:03:34.200> is<00:03:34.480> in<00:03:34.720> our<00:03:35.080> societies<00:03:36.000> that<00:03:36.120> we<00:03:36.239> live

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which is in our societies that we live

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which is in our societies that we live in<00:03:36.560> now<00:03:37.360> what<00:03:37.519> happens<00:03:37.920> is<00:03:38.120> you<00:03:38.239> go<00:03:38.400> to<00:03:38.599> work

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in now what happens is you go to work

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in now what happens is you go to work you<00:03:39.080> get<00:03:39.239> paid<00:03:39.480> your<00:03:39.680> 30<00:03:39.959> 40<00:03:40.200> Grand<00:03:40.439> a<00:03:40.599> year<00:03:41.080> you

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you get paid your 30 40 Grand a year you

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you get paid your 30 40 Grand a year you spend<00:03:41.680> almost<00:03:42.040> all<00:03:42.200> of<00:03:42.319> it<00:03:42.439> on<00:03:42.599> rent<00:03:42.959> mortgage

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spend almost all of it on rent mortgage

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spend almost all of it on rent mortgage food<00:03:43.760> bills<00:03:44.439> and<00:03:44.560> it<00:03:44.720> goes<00:03:45.000> towards<00:03:45.840> the

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food bills and it goes towards the

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food bills and it goes towards the owners<00:03:46.239> of<00:03:46.360> the<00:03:46.480> properties<00:03:47.120> the<00:03:47.200> owners<00:03:47.480> of

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owners of the properties the owners of

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owners of the properties the owners of the<00:03:47.760> debt<00:03:48.560> the<00:03:48.680> owners<00:03:49.040> of<00:03:49.799> the<00:03:50.799> production<00:03:51.519> of

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the debt the owners of the production of

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the debt the owners of the production of the<00:03:51.879> things<00:03:52.079> that<00:03:52.239> you<00:03:52.519> need<00:03:53.519> which<00:03:53.640> is

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the things that you need which is

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the things that you need which is essentially<00:03:54.200> rich<00:03:54.439> people<00:03:54.799> so<00:03:54.959> you<00:03:55.079> go<00:03:55.239> to

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essentially rich people so you go to

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essentially rich people so you go to work<00:03:55.680> you<00:03:55.799> make<00:03:56.000> 40<00:03:56.280> Grand<00:03:56.640> you<00:03:56.799> give<00:03:56.920> it<00:03:57.040> all

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work you make 40 Grand you give it all

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work you make 40 Grand you give it all to<00:03:57.439> rich<00:03:57.680> people<00:03:58.239> they<00:03:58.400> use<00:03:58.560> that<00:03:58.680> to<00:03:58.799> buy<00:03:58.920> the

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to rich people they use that to buy the

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to rich people they use that to buy the rest<00:03:59.120> of<00:03:59.239> the<00:03:59.360> assets

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rest of the assets

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rest of the assets it's<00:04:00.920> a<00:04:01.200> relatively<00:04:01.640> simple<00:04:01.920> Dynamic<00:04:02.319> I've

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it's a relatively simple Dynamic I've

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it's a relatively simple Dynamic I've spoken<00:04:02.760> about<00:04:02.879> it<00:04:03.000> a<00:04:03.079> lot<00:04:03.239> on<00:04:03.319> the<00:04:03.599> channel<00:04:04.599> but

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spoken about it a lot on the channel but

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spoken about it a lot on the channel but this<00:04:04.840> is<00:04:04.959> the<00:04:05.200> specific<00:04:05.680> case<00:04:06.640> I<00:04:06.760> think<00:04:07.040> what

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this is the specific case I think what

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this is the specific case I think what this<00:04:07.680> is<00:04:08.680> is<00:04:08.840> a<00:04:09.079> specific<00:04:09.640> example<00:04:10.319> of

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this is is a specific example of

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this is is a specific example of basically<00:04:11.360> a<00:04:11.480> more<00:04:11.760> General<00:04:12.159> concept<00:04:12.680> which

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basically a more General concept which

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basically a more General concept which is<00:04:13.720> when<00:04:14.680> power<00:04:15.239> is<00:04:15.400> unequally<00:04:16.320> distributed

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is when power is unequally distributed

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is when power is unequally distributed people<00:04:17.600> who<00:04:17.840> have<00:04:18.120> a<00:04:18.239> lot<00:04:18.400> of<00:04:18.680> power<00:04:19.239> which<00:04:19.400> in

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people who have a lot of power which in

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people who have a lot of power which in our<00:04:19.799> society<00:04:20.519> basically<00:04:20.840> means<00:04:21.120> rich<00:04:21.400> people

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our society basically means rich people

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our society basically means rich people can<00:04:22.600> use<00:04:22.960> that<00:04:23.199> power<00:04:23.759> to<00:04:24.080> dispossess<00:04:25.080> the

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can use that power to dispossess the

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can use that power to dispossess the less<00:04:26.360> powerful<00:04:27.360> so<00:04:27.520> in<00:04:27.639> our<00:04:27.880> society<00:04:28.199> that

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less powerful so in our society that

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less powerful so in our society that means<00:04:28.600> rich<00:04:28.840> people<00:04:29.759> use<00:04:30.600> your<00:04:30.840> salary<00:04:31.199> which

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means rich people use your salary which

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means rich people use your salary which you've<00:04:31.520> paid<00:04:31.720> to<00:04:31.840> them<00:04:32.120> they<00:04:32.240> give<00:04:32.360> it<00:04:32.479> to

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you've paid to them they give it to

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you've paid to them they give it to their<00:04:32.800> kids<00:04:33.360> they<00:04:33.560> buy<00:04:33.960> their<00:04:34.120> kids<00:04:34.320> buy<00:04:34.560> your

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their kids they buy their kids buy your

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their kids they buy their kids buy your house<00:04:35.520> your<00:04:35.759> kids<00:04:36.080> don't<00:04:36.320> have<00:04:36.440> a<00:04:36.720> house<00:04:37.720> but

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house your kids don't have a house but

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house your kids don't have a house but you<00:04:37.960> know<00:04:38.120> this<00:04:38.240> could<00:04:38.400> manifest<00:04:39.199> differently

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you know this could manifest differently

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you know this could manifest differently in<00:04:39.880> different<00:04:40.160> ways<00:04:40.440> this<00:04:40.520> is<00:04:40.680> simply<00:04:41.639> a

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in different ways this is simply a

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in different ways this is simply a specific<00:04:42.280> case<00:04:42.479> of<00:04:42.600> the<00:04:42.759> general<00:04:43.160> rule<00:04:43.560> that

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specific case of the general rule that

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specific case of the general rule that when<00:04:44.000> power<00:04:44.280> is<00:04:44.759> unequal<00:04:45.759> the<00:04:45.919> powerful<00:04:46.440> can

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when power is unequal the powerful can

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when power is unequal the powerful can can<00:04:46.840> dispossess<00:04:47.360> the<00:04:47.440> weak<00:04:48.280> and<00:04:48.440> this<00:04:48.639> leads

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can dispossess the weak and this leads

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can dispossess the weak and this leads very<00:04:49.240> naturally<00:04:49.639> to<00:04:49.800> an<00:04:50.000> accumulation<00:04:50.919> of

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very naturally to an accumulation of

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very naturally to an accumulation of power<00:04:51.639> I'm<00:04:51.919> powerful<00:04:52.560> you're<00:04:52.840> not<00:04:53.360> I<00:04:53.520> use<00:04:53.759> that

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power I'm powerful you're not I use that

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power I'm powerful you're not I use that power<00:04:54.199> to<00:04:54.360> take<00:04:54.560> your<00:04:54.800> stuff<00:04:55.440> and<00:04:56.440> you<00:04:56.560> can<00:04:56.680> see

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power to take your stuff and you can see

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power to take your stuff and you can see this<00:04:57.039> happen<00:04:57.320> if<00:04:57.440> you<00:04:57.520> look<00:04:57.720> throughout<00:04:58.039> sort

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this happen if you look throughout sort

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this happen if you look throughout sort of<00:04:58.360> the<00:04:58.479> history<00:04:58.759> of<00:04:59.120> medieval<00:04:59.840> Europe<00:05:00.199> what

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of the history of medieval Europe what

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of the history of medieval Europe what you<00:05:00.400> saw<00:05:00.680> was<00:05:01.520> for<00:05:01.680> a<00:05:01.800> period<00:05:02.080> there<00:05:02.160> was<00:05:02.320> lots

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you saw was for a period there was lots

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you saw was for a period there was lots of<00:05:02.680> small<00:05:03.000> states<00:05:03.600> and<00:05:03.720> then<00:05:03.919> when<00:05:04.520> certain

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of small states and then when certain

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of small states and then when certain kingdoms<00:05:05.479> became<00:05:05.800> powerful<00:05:06.160> they<00:05:06.280> used<00:05:06.560> that

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kingdoms became powerful they used that

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kingdoms became powerful they used that power<00:05:06.919> to<00:05:07.240> take<00:05:07.440> the<00:05:07.680> kingdoms<00:05:08.240> around<00:05:08.600> them

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power to take the kingdoms around them

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power to take the kingdoms around them it's<00:05:09.360> another<00:05:10.320> example<00:05:10.680> of<00:05:10.880> this<00:05:11.000> you

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it's another example of this you

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it's another example of this you know<00:05:13.000> this<00:05:13.120> is<00:05:13.360> why<00:05:13.639> human<00:05:13.960> history<00:05:14.320> tends

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know this is why human history tends

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know this is why human history tends towards<00:05:15.000> high<00:05:15.120> levels<00:05:15.360> of<00:05:15.440> inequality

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towards high levels of inequality

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towards high levels of inequality because<00:05:16.280> once<00:05:16.440> you<00:05:16.639> have<00:05:16.880> inequality<00:05:17.840> then

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because once you have inequality then

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because once you have inequality then the<00:05:18.120> rich<00:05:18.400> can<00:05:18.520> use<00:05:18.759> their<00:05:18.960> power<00:05:19.160> to

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the rich can use their power to

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the rich can use their power to dispossess<00:05:20.240> the<00:05:20.400> weak<00:05:20.960> and<00:05:21.840> that's<00:05:22.000> all<00:05:22.160> of

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dispossess the weak and that's all of

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dispossess the weak and that's all of history<00:05:22.840> that's<00:05:23.000> all<00:05:23.160> of<00:05:23.280> history<00:05:23.600> that<00:05:23.720> that

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history that's all of history that that

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history that's all of history that that is<00:05:23.919> what<00:05:24.039> happens<00:05:24.280> in<00:05:24.400> human<00:05:24.680> societies<00:05:25.160> if

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is what happens in human societies if

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is what happens in human societies if you<00:05:25.360> look<00:05:25.479> at<00:05:25.600> the<00:05:25.680> history<00:05:25.880> of<00:05:26.000> human

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you look at the history of human

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you look at the history of human societies<00:05:27.000> human<00:05:27.280> societies<00:05:27.759> have<00:05:27.919> always

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societies human societies have always

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societies human societies have always been<00:05:28.280> very<00:05:28.479> unequal<00:05:29.080> except<00:05:29.400> for<00:05:29.759> War<00:05:30.360> one

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been very unequal except for War one

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been very unequal except for War one period<00:05:30.919> in<00:05:31.520> time<00:05:32.520> 70<00:05:32.960> years<00:05:33.160> after<00:05:33.360> the<00:05:33.440> second

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period in time 70 years after the second

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period in time 70 years after the second world<00:05:33.919> war<00:05:34.280> when<00:05:34.479> a<00:05:34.639> lot<00:05:34.800> of<00:05:35.120> societies

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world war when a lot of societies

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world war when a lot of societies suddenly<00:05:36.160> became<00:05:36.479> much<00:05:36.639> more<00:05:37.319> equal<00:05:38.319> why<00:05:38.560> was

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suddenly became much more equal why was

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suddenly became much more equal why was that<00:05:39.800> I<00:05:39.880> think<00:05:40.199> you<00:05:40.560> the<00:05:40.720> best<00:05:41.000> clue<00:05:41.440> I<00:05:41.600> always

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that I think you the best clue I always

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that I think you the best clue I always remember<00:05:42.880> there's<00:05:43.039> a<00:05:43.199> song<00:05:43.520> by<00:05:43.639> The<00:05:43.759> Beatles

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remember there's a song by The Beatles

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remember there's a song by The Beatles I'm<00:05:44.680> a<00:05:44.800> big<00:05:44.960> fan<00:05:45.080> of<00:05:45.160> The<00:05:45.240> Beatles<00:05:45.680> first<00:05:45.840> time

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I'm a big fan of The Beatles first time

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I'm a big fan of The Beatles first time I<00:05:46.080> mention<00:05:46.319> that<00:05:46.400> on<00:05:46.479> the<00:05:46.600> channel<00:05:47.560> called<00:05:47.840> tax

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I mention that on the channel called tax

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I mention that on the channel called tax man<00:05:49.000> yeah<00:05:49.160> one<00:05:49.240> of<00:05:49.319> the<00:05:49.400> opening<00:05:49.639> lines<00:05:49.840> of<00:05:49.919> the

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man yeah one of the opening lines of the

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man yeah one of the opening lines of the song<00:05:50.199> it's<00:05:50.360> written<00:05:50.600> from<00:05:50.720> the<00:05:50.880> perspective

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song it's written from the perspective

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song it's written from the perspective of<00:05:51.360> the<00:05:51.479> tax<00:05:51.759> man<00:05:52.120> which<00:05:52.240> says<00:05:52.639> one<00:05:52.840> for<00:05:53.039> you<00:05:53.240> 19

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of the tax man which says one for you 19

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of the tax man which says one for you 19 for<00:05:53.880> me<00:05:54.199> and<00:05:54.479> this<00:05:54.680> is<00:05:54.919> because<00:05:55.240> the<00:05:55.400> Beatles

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for me and this is because the Beatles

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for me and this is because the Beatles at<00:05:56.120> the<00:05:56.919> peak<00:05:57.199> of<00:05:57.360> their<00:05:57.520> success<00:05:57.840> were<00:05:58.000> paying

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at the peak of their success were paying

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at the peak of their success were paying 95%<00:05:59.240> top<00:05:59.440> in<00:05:59.639> income<00:05:59.880> tax<00:06:00.080> rate<00:06:00.240> in<00:06:00.319> the<00:06:00.400> UK<00:06:01.280> now

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95% top in income tax rate in the UK now

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95% top in income tax rate in the UK now I'm<00:06:02.319> not<00:06:02.520> advocating<00:06:02.919> for<00:06:03.120> a<00:06:03.600> 95%<00:06:04.319> top<00:06:04.520> income

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I'm not advocating for a 95% top income

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I'm not advocating for a 95% top income tax<00:06:05.120> rate<00:06:05.800> uh<00:06:05.919> the<00:06:06.000> top<00:06:06.160> inheritance<00:06:06.599> tax<00:06:06.759> rate

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tax rate uh the top inheritance tax rate

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tax rate uh the top inheritance tax rate at<00:06:07.000> the<00:06:07.080> time<00:06:07.240> was<00:06:07.440> was<00:06:07.680> 90%<00:06:08.680> during<00:06:09.039> that

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at the time was was 90% during that

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at the time was was 90% during that period<00:06:10.400> up<00:06:10.560> until<00:06:10.840> the<00:06:10.919> 80s<00:06:11.840> specifically<00:06:12.840> we

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period up until the 80s specifically we

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period up until the 80s specifically we had<00:06:13.400> in<00:06:13.759> Western<00:06:14.160> Europe<00:06:14.479> and<00:06:14.800> also<00:06:15.280> In

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had in Western Europe and also In

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had in Western Europe and also In America<00:06:16.039> which<00:06:16.160> has<00:06:16.280> a<00:06:16.400> reputation<00:06:16.759> as<00:06:16.840> a<00:06:16.919> low

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America which has a reputation as a low

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America which has a reputation as a low tax<00:06:17.360> Society<00:06:18.160> up<00:06:18.319> until<00:06:18.560> the<00:06:18.639> 80s<00:06:19.080> we<00:06:19.240> had

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tax Society up until the 80s we had

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tax Society up until the 80s we had extremely<00:06:20.199> high<00:06:20.400> tax<00:06:20.639> rates<00:06:21.199> on<00:06:21.360> the<00:06:21.520> very

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extremely high tax rates on the very

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extremely high tax rates on the very rich<00:06:22.759> um<00:06:23.759> and<00:06:23.919> that<00:06:24.080> basically<00:06:24.880> prevented<00:06:25.880> the

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rich um and that basically prevented the

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rich um and that basically prevented the rich<00:06:26.440> from<00:06:27.000> rapidly

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rich from rapidly

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rich from rapidly accumulating<00:06:29.599> wealth<00:06:29.840> of<00:06:30.160> of<00:06:30.319> the<00:06:30.440> rest<00:06:30.599> of

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accumulating wealth of of the rest of

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accumulating wealth of of the rest of their<00:06:31.919> countries<00:06:32.919> that<00:06:33.000> is<00:06:33.160> the<00:06:33.560> exception

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their countries that is the exception

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their countries that is the exception that<00:06:34.680> is<00:06:34.840> the<00:06:35.280> exception<00:06:36.280> if<00:06:36.479> you<00:06:37.000> have

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that is the exception if you have

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that is the exception if you have systems<00:06:37.919> that<00:06:38.160> prevent<00:06:38.599> the<00:06:38.800> rich<00:06:39.479> and<00:06:39.639> the

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systems that prevent the rich and the

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systems that prevent the rich and the powerful<00:06:40.240> from<00:06:40.440> taking<00:06:40.800> the<00:06:40.919> wealth<00:06:41.120> and

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powerful from taking the wealth and

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powerful from taking the wealth and power<00:06:42.319> of<00:06:42.520> the<00:06:43.120> poor<00:06:44.120> then<00:06:44.240> you<00:06:44.360> can<00:06:44.520> prevent

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power of the poor then you can prevent

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power of the poor then you can prevent it<00:06:46.639> if<00:06:46.759> you<00:06:46.840> don't<00:06:47.039> have<00:06:47.199> those<00:06:47.319> systems<00:06:47.639> you

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it if you don't have those systems you

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it if you don't have those systems you can't<00:06:47.960> prevent<00:06:48.240> it<00:06:48.720> so<00:06:49.720> the<00:06:49.919> reason<00:06:50.520> that

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can't prevent it so the reason that

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can't prevent it so the reason that inequality<00:06:52.120> is<00:06:52.280> increasing<00:06:52.960> is<00:06:53.199> that<00:06:54.199> the

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inequality is increasing is that the

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inequality is increasing is that the rich<00:06:54.520> are<00:06:54.720> very<00:06:54.960> powerful<00:06:55.720> and<00:06:55.879> they<00:06:56.000> can<00:06:56.680> they

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rich are very powerful and they can they

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rich are very powerful and they can they can<00:06:56.960> use<00:06:57.160> the<00:06:57.280> income<00:06:57.599> that<00:06:57.680> they<00:06:57.800> get<00:06:57.960> from

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can use the income that they get from

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can use the income that they get from you<00:06:58.199> to<00:06:58.360> take<00:06:58.520> the<00:06:58.639> rest<00:06:58.759> of<00:06:58.879> the<00:06:59.039> stuff<00:06:59.360> and

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you to take the rest of the stuff and

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you to take the rest of the stuff and this<00:07:00.039> is<00:07:00.759> always<00:07:01.120> the<00:07:01.240> way<00:07:01.360> it<00:07:01.520> has<00:07:01.680> been<00:07:02.000> and

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this is always the way it has been and

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this is always the way it has been and it's<00:07:02.280> always<00:07:02.560> the<00:07:02.680> way<00:07:02.800> it<00:07:02.879> will

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it's always the way it will

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it's always the way it will be<00:07:05.120> but<00:07:05.240> I<00:07:05.319> don't<00:07:05.440> want<00:07:05.560> to<00:07:05.680> be<00:07:05.919> excessively

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be but I don't want to be excessively

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be but I don't want to be excessively fatalistic<00:07:07.039> here<00:07:07.199> cuz<00:07:07.319> I<00:07:07.400> see<00:07:07.639> people<00:07:07.840> in<00:07:07.919> the

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fatalistic here cuz I see people in the

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fatalistic here cuz I see people in the comments<00:07:08.280> all<00:07:08.440> the<00:07:08.560> time<00:07:08.720> saying<00:07:08.960> it<00:07:09.080> was

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comments all the time saying it was

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comments all the time saying it was always<00:07:09.440> like<00:07:09.599> that<00:07:09.720> it<00:07:09.840> was<00:07:09.960> always<00:07:10.240> like<00:07:10.440> that

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always like that it was always like that

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always like that it was always like that listen<00:07:11.639> we<00:07:11.759> had<00:07:11.879> 70<00:07:12.240> years<00:07:12.479> when<00:07:12.599> it<00:07:12.680> was<00:07:12.800> not

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listen we had 70 years when it was not

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listen we had 70 years when it was not like<00:07:13.199> that<00:07:13.759> we<00:07:13.879> had<00:07:14.039> 70<00:07:14.360> years<00:07:14.560> when

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like that we had 70 years when

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like that we had 70 years when inequality<00:07:15.280> was<00:07:15.560> unusually<00:07:16.000> low<00:07:16.800> in<00:07:16.919> a<00:07:17.039> lot<00:07:17.160> of

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inequality was unusually low in a lot of

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inequality was unusually low in a lot of countries<00:07:17.840> especially<00:07:18.520> you<00:07:18.639> know<00:07:19.039> most<00:07:19.240> of

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countries especially you know most of

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countries especially you know most of the<00:07:19.440> countries<00:07:19.680> of<00:07:19.840> Western<00:07:20.160> Europe<00:07:21.039> and<00:07:21.199> that

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the countries of Western Europe and that

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the countries of Western Europe and that was<00:07:21.479> 70<00:07:21.840> years<00:07:22.120> in<00:07:22.560> which<00:07:23.560> postmen<00:07:24.319> and

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was 70 years in which postmen and

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was 70 years in which postmen and cleaners<00:07:25.479> and<00:07:25.720> hairdressers<00:07:26.400> could<00:07:26.599> buy

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cleaners and hairdressers could buy

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cleaners and hairdressers could buy houses<00:07:27.560> and<00:07:27.720> go<00:07:27.879> on<00:07:28.039> holidays<00:07:28.759> and<00:07:29.520> raise

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houses and go on holidays and raise

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houses and go on holidays and raise families<00:07:30.160> and<00:07:30.319> afford<00:07:30.680> space<00:07:31.360> this<00:07:31.479> is<00:07:31.599> not

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families and afford space this is not

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families and afford space this is not the<00:07:31.919> norm<00:07:32.720> this<00:07:32.840> is<00:07:33.120> this<00:07:33.240> is<00:07:33.400> not<00:07:34.000> the<00:07:34.120> norm

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the norm this is this is not the norm

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the norm this is this is not the norm but<00:07:34.879> we<00:07:35.039> had<00:07:35.280> that<00:07:35.520> because<00:07:35.759> we<00:07:36.000> had<00:07:36.759> very<00:07:36.960> high

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but we had that because we had very high

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but we had that because we had very high rates<00:07:37.360> attack<00:07:37.840> on<00:07:38.720> wealthier<00:07:39.280> people<00:07:40.280> listen

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rates attack on wealthier people listen

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rates attack on wealthier people listen you<00:07:41.000> you<00:07:41.120> need<00:07:41.479> that<00:07:41.960> you<00:07:42.160> if<00:07:42.319> you<00:07:42.560> you<00:07:42.720> need<00:07:42.960> to

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you you need that you if you you need to

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you you need that you if you you need to have<00:07:44.039> structures<00:07:44.560> in<00:07:44.759> place<00:07:45.080> in<00:07:45.240> your<00:07:45.520> economy

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have structures in place in your economy

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have structures in place in your economy that<00:07:46.520> prevent<00:07:47.520> the<00:07:47.680> rich<00:07:48.159> from<00:07:48.400> taking<00:07:48.759> all<00:07:48.919> of

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that prevent the rich from taking all of

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that prevent the rich from taking all of the<00:07:49.240> wealth<00:07:50.039> if<00:07:50.120> you<00:07:50.280> don't<00:07:50.520> have<00:07:50.759> that

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the wealth if you don't have that

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the wealth if you don't have that history<00:07:51.520> teaches<00:07:51.879> us<00:07:52.280> the<00:07:52.440> rich<00:07:52.680> get<00:07:52.840> all<00:07:52.960> of

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history teaches us the rich get all of

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history teaches us the rich get all of the<00:07:53.159> wealth<00:07:53.919> and<00:07:54.080> once<00:07:54.319> the<00:07:54.440> rich<00:07:54.680> have<00:07:54.879> all<00:07:55.000> of

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the wealth and once the rich have all of

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the wealth and once the rich have all of the<00:07:55.280> wealth<00:07:56.240> not<00:07:56.479> just<00:07:56.680> history<00:07:57.120> but<00:07:57.720> the

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the wealth not just history but the

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the wealth not just history but the present<00:07:58.280> World<00:07:58.560> shows<00:07:58.919> us

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present World shows us

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present World shows us ordinary<00:08:00.560> people<00:08:00.800> end<00:08:01.000> up<00:08:01.120> with<00:08:01.360> very<00:08:01.919> poor

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ordinary people end up with very poor

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ordinary people end up with very poor living<00:08:02.560> conditions<00:08:02.800> you<00:08:02.879> know<00:08:03.000> if<00:08:03.080> you<00:08:03.199> go<00:08:03.319> to

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living conditions you know if you go to

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living conditions you know if you go to countries<00:08:04.400> that<00:08:04.520> are<00:08:04.759> very<00:08:05.319> unequal<00:08:06.319> if<00:08:06.440> you

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countries that are very unequal if you

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countries that are very unequal if you go<00:08:06.720> to<00:08:06.960> I<00:08:07.039> mean<00:08:07.199> it's<00:08:07.360> it's<00:08:07.560> most<00:08:07.720> of<00:08:07.840> the<00:08:07.919> world

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go to I mean it's it's most of the world

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go to I mean it's it's most of the world to<00:08:08.240> be<00:08:08.319> honest<00:08:08.520> you<00:08:08.599> go<00:08:08.720> to<00:08:08.879> place<00:08:09.120> like<00:08:09.800> India

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to be honest you go to place like India

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to be honest you go to place like India South<00:08:11.360> Africa<00:08:12.360> you<00:08:12.479> know<00:08:12.599> almost<00:08:12.879> anywhere<00:08:13.120> in

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South Africa you know almost anywhere in

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South Africa you know almost anywhere in Latin<00:08:13.479> America<00:08:14.120> very<00:08:14.319> unequal<00:08:15.039> societies

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Latin America very unequal societies

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Latin America very unequal societies lead<00:08:16.280> to<00:08:16.400> very<00:08:16.560> poor<00:08:16.759> living<00:08:16.960> standards<00:08:17.680> um

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lead to very poor living standards um

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lead to very poor living standards um this<00:08:18.360> is<00:08:18.520> the<00:08:18.720> norm<00:08:19.720> we<00:08:19.919> prevented<00:08:20.280> it<00:08:20.639> before

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this is the norm we prevented it before

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this is the norm we prevented it before um<00:08:21.800> we<00:08:22.000> prevented<00:08:22.400> it<00:08:22.720> by<00:08:23.080> leving<00:08:23.639> very<00:08:23.879> high

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um we prevented it by leving very high

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um we prevented it by leving very high tax<00:08:24.319> rates<00:08:24.720> on<00:08:24.840> the<00:08:25.039> very<00:08:25.240> very<00:08:25.440> rich

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tax rates on the very very rich

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tax rates on the very very rich so<00:08:27.440> you<00:08:27.560> know<00:08:27.720> I<00:08:27.840> know<00:08:28.000> I<00:08:28.159> see<00:08:28.759> people<00:08:29.000> in<00:08:29.080> the

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so you know I know I see people in the

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so you know I know I see people in the comments<00:08:29.560> all<00:08:29.680> the<00:08:29.840> time<00:08:30.240> accusing<00:08:30.599> me<00:08:30.879> of

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comments all the time accusing me of

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comments all the time accusing me of being<00:08:31.199> a<00:08:31.319> communist<00:08:31.759> because<00:08:31.919> I<00:08:32.000> want<00:08:32.159> High

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being a communist because I want High

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being a communist because I want High tax<00:08:32.519> rates<00:08:32.680> on<00:08:32.800> the<00:08:32.919> rich<00:08:33.880> listen<00:08:34.120> I'm<00:08:34.240> a

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tax rates on the rich listen I'm a

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tax rates on the rich listen I'm a Trader<00:08:34.760> in<00:08:34.880> my<00:08:34.959> heart<00:08:35.120> of<00:08:35.279> hearts<00:08:35.599> I<00:08:35.680> made<00:08:35.880> a

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Trader in my heart of hearts I made a

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Trader in my heart of hearts I made a lot<00:08:36.039> of<00:08:36.120> money<00:08:36.279> betting<00:08:36.560> on<00:08:36.719> this<00:08:37.320> um<00:08:37.959> I'm

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lot of money betting on this um I'm

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lot of money betting on this um I'm still<00:08:38.279> betting<00:08:38.519> on<00:08:38.640> it<00:08:38.800> now<00:08:39.440> my<00:08:39.599> firm<00:08:39.880> belief

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still betting on it now my firm belief

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still betting on it now my firm belief is<00:08:40.640> that<00:08:41.640> if<00:08:41.719> you<00:08:41.839> don't<00:08:42.080> tax<00:08:42.399> rich<00:08:43.000> people

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is that if you don't tax rich people

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is that if you don't tax rich people living<00:08:44.320> standards<00:08:44.720> collapse<00:08:45.120> for<00:08:45.320> ordinary

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living standards collapse for ordinary

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living standards collapse for ordinary people<00:08:47.000> um<00:08:47.480> it's<00:08:47.680> happening<00:08:48.080> now<00:08:48.600> it<00:08:48.680> will

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people um it's happening now it will

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people um it's happening now it will continue<00:08:49.200> to<00:08:49.519> happen<00:08:50.519> we<00:08:50.640> can<00:08:50.839> reverse<00:08:51.240> it<00:08:51.880> but

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continue to happen we can reverse it but

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continue to happen we can reverse it but we<00:08:52.160> need<00:08:52.360> to<00:08:52.519> tax<00:08:52.800> the<00:08:52.920> rich<00:08:53.160> and<00:08:53.480> I'm<00:08:53.560> not<00:08:53.680> I'm

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we need to tax the rich and I'm not I'm

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we need to tax the rich and I'm not I'm not<00:08:53.959> talking<00:08:54.240> about<00:08:55.080> you<00:08:55.320> Dave<00:08:55.600> in<00:08:55.760> the

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not talking about you Dave in the

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not talking about you Dave in the comments<00:08:56.240> who's<00:08:56.480> an<00:08:56.680> accountant<00:08:57.000> making<00:08:57.279> 60

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comments who's an accountant making 60

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comments who's an accountant making 60 Grand<00:08:58.000> I'm<00:08:58.120> talking<00:08:58.320> about<00:08:58.560> families<00:08:58.959> with

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Grand I'm talking about families with

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Grand I'm talking about families with with<00:08:59.480> 10<00:08:59.680> million1<00:09:00.560> million<00:09:00.800> p<00:09:01.000> in<00:09:01.160> assets<00:09:01.680> if

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with 10 million1 million p in assets if

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with 10 million1 million p in assets if you<00:09:01.880> don't<00:09:02.040> tax<00:09:02.360> them<00:09:02.720> they'll<00:09:02.959> take

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you don't tax them they'll take

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you don't tax them they'll take everything<00:09:03.800> that<00:09:03.920> includes<00:09:04.480> all<00:09:04.640> of<00:09:04.760> your

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everything that includes all of your

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everything that includes all of your assets<00:09:05.480> your<00:09:05.640> kids<00:09:05.800> will<00:09:05.959> be<00:09:06.120> poor<00:09:06.480> your

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assets your kids will be poor your

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assets your kids will be poor your grandkids<00:09:07.000> will<00:09:07.079> be<00:09:07.240> poor<00:09:07.680> you<00:09:07.839> w<00:09:08.000> Inn

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grandkids will be poor you w Inn

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grandkids will be poor you w Inn anything<00:09:08.920> you<00:09:09.040> need<00:09:09.240> to<00:09:09.399> protect<00:09:09.680> yourself

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anything you need to protect yourself

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anything you need to protect yourself from<00:09:10.200> the<00:09:10.360> people<00:09:10.560> who<00:09:10.640> are<00:09:10.760> taking<00:09:10.959> your

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from the people who are taking your

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from the people who are taking your assets<00:09:11.440> that<00:09:11.600> is<00:09:11.680> the<00:09:11.839> rich<00:09:12.440> we're<00:09:12.640> fighting

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assets that is the rich we're fighting

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assets that is the rich we're fighting against<00:09:13.279> it<00:09:13.720> support<00:09:14.040> the<00:09:14.200> channel<00:09:15.000> educate

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against it support the channel educate

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against it support the channel educate yourself<00:09:15.720> educate<00:09:16.040> your<00:09:16.160> friends<00:09:16.519> educate

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yourself educate your friends educate

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yourself educate your friends educate your<00:09:17.079> family<00:09:18.079> if<00:09:18.279> enough<00:09:18.480> people<00:09:18.640> say<00:09:18.839> no<00:09:19.000> we

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your family if enough people say no we

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your family if enough people say no we can<00:09:19.240> change<00:09:19.519> it<00:09:19.680> just<00:09:19.800> like<00:09:19.959> we<00:09:20.040> changed<00:09:20.320> it

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can change it just like we changed it

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can change it just like we changed it after<00:09:20.600> World<00:09:20.800> War<00:09:20.959> II<00:09:21.320> but<00:09:21.440> it<00:09:21.519> needs<00:09:21.920> enough

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after World War II but it needs enough

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after World War II but it needs enough people<00:09:22.560> to<00:09:22.720> step<00:09:22.920> forward<00:09:23.160> and<00:09:23.320> push<00:09:23.560> back<00:09:24.560> I'm

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people to step forward and push back I'm

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people to step forward and push back I'm pushing<00:09:25.200> I<00:09:25.279> hope<00:09:25.440> you'll<00:09:25.600> push<00:09:25.800> too<00:09:26.160> thank<00:09:26.279> you

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pushing I hope you'll push too thank you

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pushing I hope you'll push too thank you very<00:09:26.680> much