This is how I'm going to vote
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- Опубликовано: 15 июн 2024
- There's an election coming up, and the tories are going to lose. But don't get too excited, because I don't have much hope in Labour either. Here are my thoughts.
I mention a previous video, Inflation WILL Fall This Week, which you can watch here - • Inflation WILL Fall Th...
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Performed by Gary Stevenson
@garyseconomics
The problem is that people don't realise what 'tax the rich' means. Many of them with well paid jobs and owning their own home think it applies to them. They're not rich just better off than most. The rich are on a different scale.
I get this all the time mate from people I talk to. They think they are well off and 'rich' but they aren't even the wealthiest person in the room. Comes as a shock to them when you start talking real numbers - eg, passive income of the rich each year in the tens of millions, etc. They really can't comprehend what real weath is.
Same with inheritance tax.
The problem is that the vast, vast majority of "tax the rich" policies end up hurting the well-off-but-not rich way more than they hurt the actually rich.
@@PragmaticAntithesis That’s because the well-off-but-not-rich can’t afford to buy politicians. The actually rich can (and do).
@@PragmaticAntithesisif it doesn't tax the rich, then it wasn't really a tax the rich policy!
I am 74 years old and have followed you Gary for a while now. I totally agree with you. Politicians these days are only interested in their careers and ruling elites look down on the rest of us. We value you as a decent, honest human being and support you all the way
I'm 70. I will be fighting for this cause until I die. I hope to see some concrete results before then.
Politicians work for big money and lobbies, not for people like us
The thing is that the average Joe is also interested only in his career or financial well being. I don't know if things were different in the past but nowadays people don't really have a community to care about, a higher purpose to live for or anything that goes beyond their individual self. As a result of this hyper individualistic society, we are taught from a very young age to compete with each other, as opposed to collaborating. If you look at highly "successful" people, most of them got to the top by stepping on everything and everyone that stood in the way of their goals, not by caring about those around them.
71 here EX life long Labour voter, it's good to see that we have good people coming up behind us.
It gets harder not to 'pick a side' the older and more experienced you get because the 'traits' of the parties and those who support them become more obvious.
Don't let it depress you, stay determined to make a difference.
PS for the first time in my life I shall NOT be voting for the party formerly known as the Labour party, I shall be voting Green in this election and in however many elections I may have left.
We understand that the greens can't possibly win the election, but by voting for them we CAN reduce Tory Starmers majority, and anything that weakens that tyrant is fine by me.
Green is the new RED.
@@corvus1238
Just turned 71 and I 100% agree with you comrade.
Please don’t give up Gary, your message is being spread. It takes time to open people’s eyes to the truth.❤
It takes time? People have been trying to hammer this home for over 50 years. The socialist party, of which I am a member (voting for TUSC - Trade Union and Socialist Coalition) have been fighting to change things for 50 or 60 years, with Peter Taaffe being at the forefront, and yet nothing has changed.
@@RugbyPass81 Because things didn't get bad until 2007 honestly, it took time for people to fully realize the Iron Ladye's and that Asshole actors in America were just con artists.
I'm old enough to remember the last labour government. A change was coming, Blair was going to make things better. Now, many people think he got away with being a war criminal.
100%
They inherited everything in their favour to keep the myths of Neo-liberalism going apace ... until the wheels came off. Even then, that was perhaps a bit of an unfortunate circumstance as Tories would have done no different re' bank regulation. Indeed Rishi just deregulated everything Brown brought in in the aftermath didn't he?
Now we will have red Tories, again ... f me it's like a broken record as my best years have long been wasted on this shit show...
“I don’t think politicians are going to save us, I think we have to save us…” you nailed the problem right there Gary, it’s really up to us to get more people engaged. Politicians are populists, they follow the winds of opinion we need work together to change the prevailing wind.
Exactly. If whoever is the Prime Minister affects the life of yourself and your family then you’ve got bigger problems!
@@RussellTurnerare you trying to say the government doesn't change anything?
@@markwelch3564 It does if you choose to live your life like a dead fish being carried down stream. Then it matters a lot.
@@RussellTurner pretty sure it affects everyone. Tax policy is everyone's business for starters!
starts with a decent education and high literacy levels. People need to learn to educate themselves because school has failed at least one generation.
Rich people won't legislate to make themselves poorer
Or their mates
They will if there is a reason to do it.
They will if the people demand it.
*they will if they have no choice.* but we need to get together and make that a reality.
They will have to if the poor people stop believing the bullshit and vote in their own interests.
You're a legend and give me faith that there are good people out there fighting the good fight. Genuinely inspiring mate
It will not change a thing? You can't reanimate a corpse?!
First time viewer impressed with how switched on this young man is. I think he’s hitting all the right notes to build the widest possible coalition. Respect
don't be impressed. This is my first video of him too. He keeps complaining about inequality yet I bet he was an ardent supporter of lockdown and quantitative easing which is the primary source of wealth inequality in western nations.
He's thick AF
Hi Gary, I’m a 25 year old who studied politics for a degree and am going Oxford uni on an access scheme. I’m from a low income background and have seen my community decimated over 14 years with everyone suffering so much while the rich are so cynical and sadistic about the poor
Your videos (and book) have been the best education i’ve ever received and I’m SO GRATEFUL for your work and videos on inequality, WE LOVE YOU, take your needed break and we’ll always behind you, keep going ❤️❤
You wouldn't be poor if hadn't studied for a useless degree and racked up so much debt, you've been conned
1950s America didn't have high taxes on the rich. In fact due to all of the tax writeoffs it had one of the lowest tax rates ever. Yet a milkman could raise a family of 5.
The problem is failed companies being bailed out, the problem is printing paper dollars into existence, the problem is more and more people yet not enough houses. You're not going to be able to tax the rich. The second a country puts a wealth tax into effect, any person with an ounce of sense will move his or her assets to another country. And like the 1950s have shown, you don't need socialism to have a rich and vibrant middle class. You simply need to have less government, less spending and stop printing money.
@@chickenbroski99 okay, one more reason that we can set a 91% tax rate for the rich as in the 1950ies US, if they can do write offs anyway. It's still a good first step and as you say: it won't hurt the rich anyway.
@@moloids Well you would need to implement the same set of writeoffs you had in the 50s to achieve the same effect. You would do much better simply implementing a 10-15% sales tax.
Remember the truth may not always be intuitive or emotionally thrilling, but it is the truth. Behaving like an angry child is unlikely to lead to the outcomes you desire. You need to be logical.
@@moloids You could analyse where the money went in 2008 and 2020 and have the government seize those companies, liquidate them and return the funds to the taxpaying citizens.
Then return to a flat 10-15% sales tax. You are not going to fix this by 'taxing the rich' though. They will probably outsmart you. You need to take their assets back and then implement a system that rewards innovation and risk taking.
The longer I live the more I honestly believe that change is only ever going to come by way of a good old-fashioned revolution.
Watching Gary in action is a good way to see empathy in action.
I’m only 42 but reached this point years ago tbh. Can’t be arsed with voting (aside from a brief period between Sept 2015 and Dec 2019), but get out in the streets and I’ll be right there with you. It’s the only way working people can make them stop and take notice.
Hah, _only_ revolution? You forget disasters and calamities!
*_; P_*
I once saw somewhere (or maybe it was Gary that said this) that foreign investors are so happy buying London property because they know their investments are safe as the UK has historically never had a revolution and likely never will
Mate. No one else is fighting for us. It is a marathon not a sprint. Keep doing what you are doing and change will happen. Thank you for all your efforts.
How is this man a studio ghibli fan? Bruh, when we doing a spirited away watch along video?
Yours is a lifetime goal Gary, don't give up, you can do this. We support you 💪🏻💪🏻💪🏻💪🏻💪🏻
Yes indeed. I have to think about my three children and I’m very lucky to be about to provide some money towards their being able to buy a house. This is really not the case for the vast majority of kids these days.
Everytime Gary uploads it feels like group therapy.
WEALTH TAX NOW
Him and Gareth Southgate give me hope - two decent and underappreciated people help keeping me sane :)
Every time Gary uploads a video he gets money.
Wealth tax = give government more money to piss up the wall.
You lot have no clue XD
@@warrenchu5752 HOW ABOUT THIS MATE ...
WEALTH TAX NOW
REDUCE INCOME TAX NOW
How about this ?
@@billykotsos4642 you are still trying to fund a broken system. How about we cut government by 75% and totally REMOVE income tax.
You want to attract wealth? You act like dubai and singapore.
The neverending tax burden is the issue. The ones funded by the taxes are the issue. How they get the tax means nothing when they spend it on war and authoritarianism
Thanks for everything so far Gary.
Changing from Conservative to Labour is like changing from Coke to Pepsi.
I’m so riled up by my neighbours who think they’re “rich”. They have a German car on finance and live off credit card debt. So many people who are like this and think they’re “rich”. They have no idea what real wealth means. Rishi Sunak is what you call wealthy
Thats because he's using the wrong rhetoric. He needs to change his rhetoric from "taxing the rich" to "closing opportunistic tax relief loopholes for the MEGA wealthy". The UK already taxes its "rich" far too much, the 1-0.1 percenters lose most of their income to NI and IT. Its the mega wealthy individuals and entities that exploit the legal system that need to be plugged up, unfortunately they're both bears and bulls. They'll fund any party, tory or not, to keep those very loopholes wide open.
Rishi is married to a billionaire. I think he knows what really rich is.
I totally agree with your sentiments, however Rishi isn't an example of what you're thinking. Rishi has wealth and doesn't need to take out credit agreements to purchase cars pal! The scenario that you describe is the gullible "keeping up with the Jones's" type who tend to have a low to ok income, and have monthly payments to pay off their BMW/Audi/Rangey car loans.
I wouldn't be "riled up" by idiots like this. As the saying goes "there's one born every minute" and it's their cash they're flushing down the toilet.
The rich stay rich by pretending to be poor & the poor stay poor by pretending to be rich .
Sounds like a Deano. Does he have a huge TV hanging on the wall and order a lot of Pizzas ?
Hi Gary, take care of your mental health. Enjoy your holiday and come back swinging. There will be some people who stumble upon your videos and their eyes will be opened. Please keep going
Please keep this momentum up. This channel and you are awesome. You speak so much truth. This country needs you, thanks for everything you are doing 👍
Gary you are a G!! I can see the frustration in your face, but just know it’s times like this that the people need your voice the most!! Enjoy your holiday, but know we are just getting started, this is gonna be a snowball effect. Momentum!
Standing right beside xxx
Look after your mental health,
Keep going Gary Thank you so much x
👍🏼🤝🤝🤝
You wont get the inequality sorted until the politicians have a desire to do it. We, the people, need to rise up.
Okay, then off you go!
The cultural nucleus of the British is not 'good' and it will show in the results.
They would sooner become fascists and vote for populists like "reform" than anything else.
incentive too
Empty words, be fucking reasonable
I keep saying to people that I'm not telling them to start a revolution BUT we need to be talking openly about it. Spread the word
Happy holidays Gary. Great video. Appreciate the time and effort.
Thank you Gary. You speak for me! You explain so clearly about Financial Inequality that I finally understand how we ‘got to here’ with things as they are I’m 71, my husband is 77, and it’s taken this long - and meeting you through James O’Brien - to find a shred of hope that things can get better! We are another two people that you’ve reached to spread the word about lobbying for Taxing the Rich - in its real sense! Enjoy your well deserved holiday, thanks again, Susan
On ITV debate, the labour representative actually got challenged by someone about inequality and if they would tax the ultra-wealthy to fund their tax cuts, she just kept silent and just ignored that it was a thing so I reckon there are some ultra-wealthy individuals which are financing the labour party.
Starmer isnt exactly poor and will do anything to get elected, and I fear that includes bowing to wealthy donors. He has said nothing about working people, I think he will bring more of the same.
Labour can't afford to be attacked by the press right now, they're sticking to the script.
@@tonychorley4936 Have you not listened to what Gary is saying? Kier starmer is not rich, certainly not in any bracket that would be effected by the taxes that gary is suggesting.
Aren't the ultra rich routinely financing both sides so they can continue their machinations regardless of who wins? Elections are a puton show for us plebs, so that we can continue believing that we have more of a say than the odd shooting in the foot / brexit.
@bill why can't he afford it? If not now, after 14 disastrous years of tories, when?
Gary, you are planting gardens under whose shade you might not sit. You are keeping alive the idea that there is an alternative, and what we do is a choice. We can choose to do differently. Thank you for what you do.
Love this turn of phrase, but sadly I think the pending climate catastrophe means none of us and none of our children will be sitting in that shade.
What choice?
@@janejenkins5137
Don’t you make choices in your day to day life?
Everything you do is a question of choice isn’t it?
Couldn’t put it better
Thank you Gary as well as everyone else involved. It's definitely a marathon, we're on pace!
got my dad your book for fathers day, hopefully i get a chance to read it after he has. I hope that the money goes towards you championing this fight for change. Keep doing what you're doing, Gary, we are behind you, and more people are going to follow soon.
Have an amazing break Gary, truly well deserved. We can see the frustration in you in the video and it's a tough watch, but look at how far this message and this channel has come since it started. As more people join and more people understand, our voice will get louder and louder and we will challenge the status quote and we will win. Because we have to. Keep fighting and keep doing the hard work you're doing. Much love to all the team 💪🏼👊🏼❤
I lived in Switzerland for a few years, they have annual tax on wealth, it helps them have a overall low tax rate and a high living standard. Tax 1% on assets over £10m is a brilliant idea. I was always worried you said tax the rich, but had no suggestion on what to do. Well done to the GreenParty and Gary!
Switzerland is that way because of the Swiss. Living standards are high, because the people like it that way.
Don't forget, health insurance, pension and women's voting rights are fresh concepts in that country.
Also, they could pull all their stunts in the past because people/other states let them.
@The wealth tax is not really high, and it shows now, with inequality slowly creeping up. Especially with the massiv costs for child care and ever increasing health insurance premiums.
At the same time there is no capital gains tax, one pays I think 5% on your initial investment, then when you sell, the banks/providers skimm of a certain low single digit %.
Hence if you have money, you can really make some dosh.
its such a no-brainer it is insane that it doesnt exist everywhere. 5% would still be too low
Doesn't cost of living is so high in Switzerland?
@@CB-sf9mx Swiss wealth tax is between 0.13. -1.1% depending on the Canton.
I think for the UK a progressive wealth tax starting at 500k would be fine. Start at 0.13% and if above 10 million go to 5%.
However before that the evaluation system for housing needs to be reformed and adjusted.
@@FreaksSpeaks yes.
But if you are half way skilled you should be able to earn 8-10k a month to compensate for that.
If you are around minimum wage up to 5k you might struggle to save significantly.
A major downside is, that Switzerland calculates their inflation too low, so after a couple of years, you feel it.
Gary, I've been a fan of you and your ideas since your first appearance on Novara popped into my feed a year and some ago, I don't agree with Novara on absolutely everything, but I do with you. You really helped me better understand how our economy works, and you explain it in a way that it's a bit of a revelation when it clicks. I've shared you with friends who have gone on to listen, and share with others.
You have worked immensely hard and clearly care passionately about this, which speaks volumes about your character. Thank you for continuing to push your message.
Fantastic video, mate. You laugh because you know what a joke politics is. Same bullsh*t here in the US. I agree with just about everything you’ve said
MP's saying 'Taxing the rich is not a vote winner' = those that fund me and my fellow MP's would not like that and it might affect my wealth too. Keep at it Gary you make very good points and thanks for all your work. 😎👍
Thanks for caring Gary. I know it's a hard fight, but it is worth doing and hopefully the message gets out to enough people. Keep up the good work.
Keep going Garry, you're an inspiration - commitment and clarity to a noble cause! Felt it when you had to pause for a moment in the video.
We will be with you Gary, appreciate all you do!!
I’m 72 and have been following you for years. I have spread the word about you to my children and their spouses. I support you and your vision. I would say keep going. Leading is never easy and will exhaust you, but do not be overcome you are doing good things. Have a good holiday. Steve
I agree my wife children and grandchildren follow your forthright explanation thank you ps I am 77😊
Sending love to all those fighting for the compassionate recognition of the suffering of ordinary folks. Enjoy your holiday Gary, prepping for the marathon. I will keep sharing your videos 👏🏻
*ordinary folks*
What does is actually mean?
What we need is a change from the first past the post system to proportional representation.
In the last election 3.7 million people voted Lib Dem but they only won 11 seats. Only 1.2 million people voted SNP but they won 48 seats. The Greens got just shy of a million votes but only got 1 seat.
There would be much less tactical voting in a proportional system meaning the smaller parties would naturally get a bigger vote share. In time this would break down the dominance of the two major parties or at the very least make all parties think about their policies in a different way
My new favourite channel! Just bought your book.
You know... I was very strongly considering voting for the Greens but the thing that put me off was that I wasn't sure if their policies on economics would make things better.
I'm sold. TAX THE RICH.
The greens have made Scotland 🏴 worse off
@@lesleyrobertson5465 Scotland is not comparable to the UK as Scotland is not a currency issuer, it is a currency user therefore has to stick very closely to the budget it is given.
@@GuybrushThreepwood79 The amount of people in Scotland who don't understand this baffles me, it's like being given insufficient pocket money by your parent to buy your lunch and wondering why you end up starving.
@@MacCraig8 exactly. Also, Scotland has very limited powers over tax.
Sadly from what I'm seeing, they're losing a chunk of support because they're proposing raising NI on £50k+ earners.
Totally will be with you , keep up the amazing work - educate and empower!
I've been leafleting for the greens in my constituency where they have no chance of winning, it's about making a stance and sending a message
Brave & stunning 😂 you know all those leaflets have gone straight in the bin, how’s that going to impact you carbon footprint?!? Better go and pay penance by taking a knee & throwing some orange powder around in your Greta shrine 🤡
We would all get cold and hungry if the greens got in power.
Allahu Akbar
Gary, I just wanted to encourage you with all that you're doing. I can see that this is a long slog, you're doing great things with your reach, don't get down hearted! Simply do what you can with what you have, and when all is said and done you can look back and be proud in all that you have helped achieve.... Keep up the fight mate, we're all beside you, cheering you on!
1) Thank you 2) Enjoy your holiday 3) reflect on having over 12 million views and a quarter of a million subscribers. Brilliant progress - loads more to come. You have moved past the inflection point on the "hockey stick" style charts - this is where the explosive growth starts.
Politicians won't save us, we will save us 👏👏
Unfortunately you’re right about the election results. Here in Australia we finally got a labour govt and they have done F’all about living standards and housing too
I was just looking at tax receipts and the treasury brought in over 800 billion last year, which even adjusting for inflation, is significantly more than the previous Labour government (450bn in 2000, and 670bn in 2010 adjusted for inflation). Corporate tax receipts have increased by a similar percentage, despite the high profile tax dodging of mega-corporations, so we can't even say that business isn't paying its share. So to what extent is this an issue of a lack of funding, and to what extent is it an issue with what they choose to spend those tax receipts on?
The problem seems to be that the country owns nothing and so is forced to rent at a huge markup, things that we used to own. Instead of giving people a council house, we now pay out huge money to private landlords. Instead of paying to process asylum seekers, we now have to house them in expensive hotels. Instead of the NHS being able to provide services, we now have to pay a private hospital to do it. Instead of owning the water, rail, electricity infrastructure, we have to pay private companies for the privilege to use it, while they pay out dividends to their shareholders and we pick up the bill when things go wrong. This is a deliberate ideological choice on the part of the Tory party (and New Labour) under their dogma that the private sector is always more efficient. Well I think that has been thoroughly disproven now.
It's not even that they're doing nothing to decrease inequality, it's that they're actively doing everything they can to increase it and hand huge sums of public money to private companies.
Fully agree - I have thought for some time that taxing, housing, etc isn't actually the issue - it's just that all income/assets streams are going straight back to the same group of people who have zero accountability and think they're too far above us all to have to worry about whether we all starve or freeze to death.
I think the left is so naturally accommodating and empathetic that it's difficult to get organised under a banner enough to bring about real change, which sadly the right is expert at doing.
Taxing the rich is the banner that the left needs to unite under and shout about.
This is a great question...the corporate tax receipts may have increase, but so too have corporate profits.
Crucially, the richest corporations and individuals who pay less than 1% tax are using their gains to acquire more and more assets - such as the corporations responsible for the privatisation you mention and those buying up the housing stock
We worked in the Nationalised industries (Gas and Electricity retail, And power stations) Before and after privatisation ....We warned At the time...not just from our own job perspective (We mostly got made redundant) ....but AS to How WE saw the Whole Emphasis CHANGE almost overnight, from Customer Service/Concern and interest that the Customer got best value/deals on costs.....to Make AS MUCH profit As possible....Even IF stitching up the customer. We ALL ended up with the Very OPPOSITE of WHAT was promised with Privatisation I.e....Lower bills/costs....Improvement in service/ more INVESTMENTS in the Service.....And where once these Services were a modest part of our Financial outgoings, they are Now a HUGE part! Selling off Public Housing fits in there too.....ALL Tory policies....ALL a BIG Con......
It was ASSET STRIPPING of What WE owned....to Sell off mainly to Foreign investors.....And Enrich the (Rich) Shareholders.....
Great points.
To what extent do those receipts get spent on paying down the national debt- or just the interest on the national debt?
Need to keep pushing for proportional representation across all of parliament. This will make politics better reflect the makeup of society.
I think the Lib Dems have proportional representation in their manifesto. Probably a couple of other parties have, too.
It's maybe not the most pressing problem in our country, but it certainly needs to be done.
The problem with that is how do you do it fairly. You still need local MPs representing what matters to their areas. So do you give a seat to the top 2 or 3 per area and double or triple the number of MPs then weigh their votes?
And nationally do MPs whose party got more votes overall get a higher weighting for their votes? In which case high population areas MPs have more power and the needs and wants of rural communities go completely ignored.
As someone that doesn't live in a major city proportional representation just makes me feel like my voice would be heard even less not more because the MPs that come say third in London areas would have more votes than my local MP that came first in my area.
@@paulc5389how is "having more people than one candidate per seat" going to make minority groups less likely to be represented?
@@windwaker0rules not groups areas. Because it would be proportional. Different areas have different needs and those needs shouldn't be any less important just because less people live there. Whoever comes third or fourth in a major city seat shouldn't have more power than someone that came first in a rural seat. If that were the case no one is going to give a shit about rural communities in elections when coming fourth in a city wins you more voting power than coming first in a rural seat.
Leveling up already didn't happen. Lower population areas already need their voices heard more not less because no one cares about their votes. I don't want elections basically decided by the major cities particularly London. The needs of someone that lives in London obviously matter but they don't matter any less or more than mine.
@@paulc5389 well it doesn't sound like you dont like representative democracy where everyone voice counts instead it sounds like you want a kind of dictatorship light where a few people get more say and the rest are just slaves to my voice.
Another fantastic Video Gary. Keep fighting! Keep spreading the word.
Gary, keep rocking my man. You support the common man like myself in understanding seemingly complex things in such a down to earth way. Your delivery and honesty is second to none. Thank YOU for helping me to understand just enough about the economy to feel informed, guided and confident in my thoughts. You know.. friends say to me "no point in a wasted vote" but I too will vote Green because I cannot vote for someone or a party I do not believe in, period. I also believe there's no such thing as a wasted vote - you have to be true to your own values.
Hang in there Gary, we appreciate you and we are heading in the right direction. We are only going to get louder.
With you all the way, Gary. You're right when you say it is difficult, tiring and frustrating. Glad you won't give up - we need loud voices like you, many many more of them. Love what you are doing. Thank you.
Love the calm arm folding and delivery ❤
Love the work you are doing for the people 👏👏👏
It's not just the living standards, although that is a huge part. It's also about the lies, the corruption, the lack of accountability, the destruction of public services etc. I'm not part of the footballification process: I'm a floating voter but I realise that in a FPTP system, I have to vote *against* the party I really don't want rather than be able to vote for what I do want. Therefore I will be voting tactically to get rid of the Tories even if I'm not overly enthusiastic about Labour. I will expect Labour to be better but given the state of the country's economy, I'm under no illusions that it's going to take years to fix. I will be letting the Labour candidate in my area know that my vote is tactical, then press him for PR once he gets in. Then maybe sometime in the future I can vote for a party I want, rather than against the one I don't.
My thoughts exactly.
Hardly a wealth of choice, is it?
@@johnwright9372 When has it ever been? There's never a wealth of choice in a FPTP 2 party system. Which is why the PR debate needs to happen.
Given that he’s going to win anyway I’d vote independent. The last thing we want is a massive labour victory and sir kid thinking his austerity military stance on Gaza is what won the election, and he’s selling our NHS, Wes and sir kid have already taken the money. Barb
@@mikeharvey9811 Owned by the israeli zionists the same as the tories, either one is a bad choice, vote workers party or independant to get PR, it won't happen otherwise.
We need you to get a TV debate with potential Chancellor's for next government , so you can illustrate their detrimental ideas & promote your own superior economic ideas
Love to you all always
He wants to "tax the rich" which is just a method of rich people handing other rich people their money to spend
I the biased presenters allow him to say what he wants and not allow him to be talked over or out.
@warrenchu5752 so deeply insightful.
Thank you so much for everything you do Gary. If there is any hope to be found for our society, you are such a large source of it.
Glad to see your channel growing!
Could tell it was going to be a pessimistic video when I saw no plate of biscuits on the table.
🤣
@@garyseconomics I'll vote for you if you give me what I want:
1) To sustain a free market You must tax the extreme concentration of Wealth and then give it evenly to everybody , again and again, so that the market can have customers (i.e. humans with money to spend).
2) Do not let foreign entities extract profit from our markets. We must extract profits from their markets. The profits they make must stay here in the country.
biscuit crew!
Reporting from Australia, we switched to Labor in 2022 after nine years of the Liberal/National Coalition (the centre right equivalent of the Tories). Apart from winding back the most agrresively regressive tax policy in memory that they inherited from the LIbs, the Labor party have shown themselves to be feckless, cowardly and fully committed neoliberals, putting cartel business interests ahead of the public and environmental good. An example.....unemployed singles still get 23 GBP (44 AUD) per day to live on if they are required to search for work.
Even though the political landscape has change dramatically and the libs essentially can't win because they've become a Right wing party that alienates inner city ''small-l liberals', Labor cannot bring themselves to shift left.
I urge people in the UK, DO NOT VOTE FOR LABOUR - VOTE FOR AN ECONOMICALLY PROGRESSIVE PARTY. The win is in the bag, don't be scared. Be bold. Demand change! Have the difficult conversations with friends and family. Avoid social issues and culture wars. The vast majority of people would like a 'fair go' for all but live in quiet resignation because our political classes are cynical, corrupt and lack imagination.
Thanks Gary! Strength to you! Peace and love to you all!
What is the issue exactly with unemploymed looking for work being given money to live off? The conditions?
Capital C conservatives would deny them food water and shelter for being work shy; while true red communists would provide that 60AUD to all, regardless of availability of productive labour.
So.... Why the complaint?
@@Hevliknexactly it's hardly alot of money is it. If it's anything like the UK it's quite hard to get disability benefits. Alot of these people that are "available" for work probably aren't. They get let down by the system and then survive on a tuppence because they have no choice.
They are two completely different parties from different countries.
@Hevlikn I assume the complaint is about how insufficient the amount is. When the cost of living has become a crisis, and the housing market is completely broken due to excessive corporate investment, and public housing is practically unavailable, and our current choice of economic system aims to maintain 5% unemployment, then it's arguably inhumane to continually refuse increases to the JobSeeker payment. Some would say any payment at all is generous, but I would argue those people are sociopaths. If there was the political will, we could easily provide food and shelter for all.
A trend that is sweeping neoliberal nations, 30-60 years if not longer of managed decline and rot, vote centre left out of want of change, no change comes, swing far right. Your liberal leader has just that kind of politics and did it from inside the party, and will likely sweep the next election.
Keep going mate, don't give up hope. Thank you for all your hard work.
Enjoy your holiday Gary. We know it's tough to break the billionaires'cartel' but don't ever think you're not making a difference. There are a lot of us coming along with you and sharing the channel and doing what we can. Keep up your amazing work! We only lose when we give up. 💪👊
Thank You, Gary... I have been campaigning for our NHS since 1979/80... 3rd March Tory Reform Bill, aided and abetted by the Lie-Dems and Liebour... was a very, very similar feeling to the one you are expressing... But, We must continue to Fight, We Shall Overcome... Gary thanks for the encouragement and you refreshing spirit... I am 70ys and welcome your insights and thoughtfulness sometime we all simply need to be Encouraged... breathe in and Breathe out and keep the faith, run the race and always remember that Injustice Anywhere is a Threat to Justice Everywhere... Thanks Gary & Team.
A "public" school background tory-boy told me that he felt that corporation tax should be abolished because it was just penalising companies for doing well. This is how they think
because it trickles down. LOOOOOOOOOOOOL
Brainless. Tories are almost all stupid and don't think. The first thing a business considers is if it can make money. Tax rates don't matter within reason.
There is a genuine case for this. Maybe don’t abolish but it should be changed. Corporation tax works really well with the bigger companies but smaller companies are hit hard by it and makes it harder to grow which would be good for the economy in the long run IMO.
I agree with him. We shouldn't tax income from doing work, whether it's companies or personal income. We should instead tax income from ownership of assets we all need access to, like land and resources.
For example retail brands can seem big and doing well but are paying so much of their income on rent.
I'm not public school or tory.
He s right. Taxes on production is a penalty on production. The West has been punishing production and rewarding failure and you wonder why standards of living are falling. Well, the answer is right there.
Ive , very sadly, only just found Gary, from a James O'Brien interview. Going to buy his book for more in depth views but basically,hes articulating a very similar philosophy that I've had for around 25 years.
Thanks Gary for fighting for justice for the masses, I personally think we are a long,long way from achieving such aims but please continue your hard work and dedication.
Keep up the good work Gary. Enjoy your holiday
If you go to work to survive, you need to be pushing this issue, keep going, Gary. If we don't get this sorted out we will be devastated
Commenting for the algorithm. As someone who immigrated to the UK, fully embraced UK culture, and has added significantly to the economy - it pains me to see that once again politicians paint immigrants as the reason living standards have fallen.
Keep doing what you do Gary! ultimately a well informed population is the only thing that can solve sociatal challenges.
They are pointing at illegal immigration actually.
Mass import of low skilled labour keeps wages low. Simple.
@@warrenchu5752immigrants don't keep wages low. Companies do. And govts let them get away with it
@@fullmooneve1651 you dont understand supply and demand at the most basic level.
Why do companies outsource labour to china? Drum roll...
@@warrenchu5752 no one can deny immigration has been poorly handled. And we should absolutely fix it someday. But like the videos explain - the root cause of our problems is wealth inequality. Poor immigration policy is a small issue to fixate on.
@@norafreeman1326 taking in unlimited working age men has many effects. Cost to taxpayer in housing, food and healthcare. Whilst also keeping wages low and inflation high.
This literally exacerbates wealth disparity.
I agree with most of what Gary says. The one thing nobody talks about is the consistent government job expansion. Creating more jobs through government increases tax and also takes away from private businesses.
Seeing how far you’ve got to go means that you’re looking at the horizon - which means you can reach it. Please don’t stop 👌🏽
So much good stuff this week Gary. Im going to share this one and start talking about this. 1% is a great start. No one in their right mind can see that the super rich cant afford that. And yes the two main parties are so frustrating in their messaging Keep up the good work. Enjoy your holliday x
1% of what? Tell us Gary!
Keep going gary!
Awesome seeing you here! Good lad
I have been voting for greens for the last 10 years, and because the system doesn't want them in, they get no traction, no publicity. But despite that their proportion of votes for council places, and actual politicians in parliament have increased, and continue to increase
Cheers Gal. Keep going. Your arguments follows such clear logic, they cannot be denied by any party truly interested in improving the lives of everyone in the UK and beyond.
Spot on about inequalty. Starmer will do nothing, lib dems wont.
Most people are depressed, not excited. My portillo moment would be streeting losing his seat to an independent which is pretty bad for someone who has supported labour since i first voted in the 70s.
I agree. I am disappointed by Labour's clear intention for inaction. I will use SwapMyVote to vote Green.
I'd love to see Starmer lose his seat but Streeting would definitely be good too.
Lib Dems at least nominally support electoral reform
Lib Dem’s also have some ok ideas on capital gains tax. It’s a step in the right direction at least
@@arp_909 Main issue with LDs is I don't trust them. Half the party quit 2010-2012 and it wasn't the bad half
Gary you are "The big voice in the room". That voice can only grow. That should be the name of an electronic magazine for reducing the wealth gap, 'The Big Voice In The Room'. We would all subcribe, we could all pay our union fees.
At this end of the day, this election is between capitalists and capitalists. Thank you for the video, Garry.
Spot on! It's always the same problem
Gary, you epitomise the lyrics of the Idles' song "Mother":
The best way to scare a Tory is to read and get rich.
I posted my vote yesterday before watching this, and like you, am in a safe Labour seat, but voted Green, because they're the only people promising to do anything about this mess.
You've got all my respect, and you're doing fantastic work.
A very good description of Rupert Murdoch.
Keep going Gary! You've got our support.
I’ve seen the green party’s manifesto and I have to say it’s absolutely fantastic. The thing that really stands out to me is ending right to buy totally. That policy and its surrounding policies are a huge part of why the housing crisis has gotten so bad. I don’t understand their stance against HS2 and Nuclear Energy, but the rest of it I can generally get behind.
Unfortunately, the FPTP means it’ll probably be a wasted vote, so I think for the sake of increasing the possibility of PR coming in, I’ll be voting for the Lib Dem’s; If we can get them in opposition, we’ll be one step closer to curing the rot that started in the 1980s.
Clown
Ed Davey was the minister in charge under the coalition when the PO horizon scandal broke, he did nothing about it. Know your enemy.
You and I, sir, think in the exact same ways. All we are going to see change is the colour of ties worn in interviews.
I'm voting with my feet, I am leaving the UK permanently. This country is utterly destroyed and there's no way I am sticking around to live in the wreckage.
“It’s hard when you realise how far you’ve come and how much further you’ve got to go”. Oof, I really felt that. It’s obviously not on the same level, at all, but as someone who’s been saving for 10 years to try and put together a deposit on a house and still has a way to go…that hit hard. Like you say, it’s a marathon, not a sprint. Hopefully we both get there! I hope you have a great holiday, Gary! Thanks so much for all you do. Enjoy your holiday and come back stronger to continue the fight. I’m so grateful for all the work you and your colleagues and allies do.
Gary has no chocolate biscuits.. austerity has began to bite even for the comparatively well-off.
Hopefully this change post-election and he can splurge on chocolate HobNobs.
Remember everyone, you're voting for your MP, not for the prime minister. Take a look at who your MP candidates are, their record and manifesto, their chances at winning, and their potential influence on parliament and the country. There are some really good and some really bad Labour MPs.
"equality" and numerous other "buzz" words and then the switch off moment was "the greens" 🤣
This channel will go big. Keep going for the long term. The most important and insightful channel out there right now.
I'm in since your channel began and def in for the next few years. Following, sharing, doing! 🙏
Dont give up Gary, your work is too important. Such change takes time, you'r helping to make progress. But yeh we all need to be louder
I stood for a town council seat at an election this year. I embraced (and continue to embrace) your message. I took your message campaigning with me.
I'll continue to fight.
Tax the rich or your kids will be poor.
I'm sure the rich will sit and wait to be taxed more instead of moving to a more favourable country.
Thanks Gary. Have a good holiday. Relax and come back refreshed. The work you do is so important.
The struggle is real, and eternal.
Solidarity brother ✊
Thank you for this video! This is so true!
Keep smashing it Gary.
Generally, you are spot on about what we need to do to improve living standards. The reason for Labour's position is Rupert Murdoch. We need a combination of Proportional Representation, Press Reform, Lords Reform, Ministerial code of conduct, and devolution. If we stop the lying from the press and politicians, make them accountable for their lies, we would be able to get wealth taxes in purely based on majority rules.
Sadly we don't have democracy in this country.
I favour Sortition
It's almost like we need....Reform
@@quillo2747 If Reform wasn't a the name of a retrograde bunch of bigots sure
"politics is the shadow cast on society by big business"
John Dewey iirc.
John Dewey, iirc.
Never give up, Gary!
Thank *YOU* for all your hard work! You certainly deserve a good break after a very busy year. I keep sharing your videos and will definitely continue to do so.
The Green Party's tax intentions are massively better than the other parties (1% annual wealth tax on assets above £10m and 2% on assets above £1bn. Capital Gains Tax would be aligned with workers' income tax. for those that weren't fully aware). I really wish they could form a coalition government with one of the big two parties, gain important ministerial experience, and go from strength to strength.
I want a radical centrist party, and the Greens really seem to be that
Keep going Gary, you have momemtum, I am telling lots of people, it will grow.