#garyseconomics — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #garyseconomics, aggregated by home.social.
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https://youtube.com/watch?v=y-v-WkKsuG0&si=S46dl9CrE_i9sgw5
#garyseconomics is correct; if you want low taxes, move to a third world country as that's what happens if you don't collect enough taxes to offer decent services to your people
#auspol #punterspolitics #wealthinequality #tax
Crossposted with @openvibe
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There's no place for poverty when money talks and that's the reason you're being sque out by rich people. Their consumption is outcompeting your need for resources like food and housing.
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"I wouldn't be surprised if the house prices doubled in the next five or six years", says Gary Stevenson
https://youtube.com/shorts/Ay7J4GLoWUI
#garyseconomics #taxtherich -
"Why wealth concentration pushes up asset prices"
https://youtube.com/shorts/7DGiCU1F-FM
#inequality #garyseconomics #taxtherich -
" #livingstandards are falling because of growing #wealth #inequality "
so it seems after all knowledge is power, problem: #therich will fight this, even by burning down the house or starting a #war just to distract the #public
or installing a #dicktator that just even more extremely does the #neoliberal agenda = #democracy is in danger
#garyseconomy #garyseconomics #finance #financialcrime #bank #banks https://youtu.be/vvTOp3ZORg4?t=2566 -
Just as Jesus went to heaven leaving his disciples to spread the word, and as Satoshi deleted his private keys leaving the core dev team to spread the word, so now does Gary Stevenson stop his weekly slows to leave spreading the word to his karaoke influences.
Thanks for the good work Gary. Look forward to the more irregular monthly shows and maybe podcast after you long holiday.
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The highest taxpayers are not the same as the richest people
https://youtube.com/shorts/k2csltIvmWk
#garyseconomics #taxtherich -
I've been using @LemmyDev for a while to share articles, particularly political ones. The most popular one I've shared to date, is Gary Stevenson arguing for a wealth tax, which has attracted 112 comments on the subject! 😵💫 https://feddit.uk/post/51951629 #GarysEconomics
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https://youtu.be/EPeP9xFrtP0?si=9olZmhXt3D-ARmiQ #garyseconomics interview with Channel 4 #ukpolitics
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#FollowTheMoney 🧵96/n I urge you all to watch this Gary Stevenson #GarysEconomics episode on Bond Markets. It explains how UK and other governments have sold off “all the family silver”, and because they own nothing, they operate on debt, they have no power. Also: high government debt IS inequality.
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#garyseconomics #economy #uk #eu #germany what the #left failed to realize for 10 years (sorry to say it but #left has degraded to a label... there is no serious teeth in it at least in #bundestag of #germany which is probably largely to successfull #lobby of #finance #mafia ) https://www.youtube.com/watch?v=vamgbxM-fec
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Is it possible that #Streeting and #Burnham have both been tuning into #GarysEconomics podcast?
Has #Blair inadvertently united the #Labour Party in reminding them that their raison d’être is to fight #inequality ?
Have we finally got two potential leaders who realise it’s the Left they need to be wooing, not the Right?
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Gary with a really concise segment on wealth tax:
https://youtube.com/shorts/V2M0_T-l2LE?si=H-mWbRbu1YDTFUXR
It really does seem like one fundamental choice: As per Gary, either people with wealth and power taking all the rest from the less powerful, or (if these are the words) democratizing power/wealth via the right taxes.
(And will Labour finally listen and save the UK... I feel like Starmer maybe has a moment of opportunity here.)
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Either tax the rich more or have extreme poverty
https://youtube.com/shorts/V2M0_T-l2LE
#garyseconomics #economy #inequality -
Either tax the rich more or have extreme poverty
https://youtube.com/shorts/V2M0_T-l2LE
#garyseconomics #economy #inequality -
I really like Gary's recent podcasts. Today he draws parallels between AI and the industrial revolution ending at his usual conclusion of #taxWealthNotWork
It's a good short history of how the industrial revolution changed the world even if you've no interest in AI (like me).https://pca.st/episode/185763c7-5a21-4ea1-9eb5-8fb22d7fa99d
Also available on YouTube but i don't think it adds anything. -
Have I been wrong on the economy the whole time?
No ...
https://youtube.com/watch?v=TSs18iYE20w
#garyseconomics -
Why Your Living Standards Are Falling - The Squeeze Out
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The Iran economic shock is coming. How to protect yourself
Garys Economics
https://www.youtube.com/watch?v=Oi265I48MdI
#oil #economy #inequality #garyseconomics #iran -
Who's getting rich from your mortgage
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#garyseconomics "significant higher #government #debt significant higher savings of the #ultrarich"
"you borrow from the #rich or you #tax the #rich"
"as long as #gov refuses to #tax the #rich they will be dependent on #borrow from the #rich which means they will have to do whatever the #finance #traders will ask of them" #UK is #FUCKED but so is the rest of the #planet for the same reason
fundamental question of #distribution #enquality #taxinjustice https://youtu.be/g0lEbH2kEw8?t=564
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Interesting perspective on the threat put by the billionaires on our democracies. All put in a very logical way.
UK Budget – is this the end of democracy?
Garys Economics -
'K-shaped economy'
I like this metaphor for understanding the growing wealth gap. 19 minute listen or read the transcript if audio isn't your thing 🙂
https://www.npr.org/2025/11/21/nx-s1-5616629/consumer-sentiment-spending-wealth-gap -
CW: Zarah Sultana on Question Time
Well done Zarah Sultana -
“A government Budget is not the same as a household budget.”
“The glaring omission in all of this is no one's mentioned wealth taxes. ...
“The magic money tree exists – it's in the City of London, and it's with the billionaires.
“But what you find is the lack of political will, because these parties are bankrolled by the billionaires, so they're definitely not going to tax them.”
Also, tip of the hat to Gary Stevenson and Richard Murphy, who I think have both done a lot to shift the conversation on this stuff.
https://www.thenational.scot/news/25621603.zarah-sultana-destroys-labour-fair-tax-claim-pointing/
#TaxWealthNotWork #ZarahSultana #QuestionTime #UKPol #GarysEconomics
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Q: this #economic #system is #fucked
A: #llama 70b: I understand your frustration. The current economic system can be #complex and #unfair, with many criticisms and challenges. Some of the issues with the current system include:
* #Incomeinequality (!!! <- #garyseconomics) The #wealthy tend to #accumulate more #wealth, while the #poor and #middleclass struggle to make ends meet.
* #Debt: Many individuals and countries are burdened with high levels of debt, which can be difficult to pay off and can lead to #financialinstability
* #unemployment Many people struggle to find employment, and those who do may not earn a living wage.
* #Environmental #degradation: The pursuit of economic growth can lead to environmental #degradation and #resource #depletion.
* #Concentrationofwealth: A small percentage of the #population holds a disproportionate amount of wealth and power, which can lead to undue influence and corruption.There are many alternative economic systems and theories that aim to address these issues, such as:
* Socialism: An economic system in which the means of production are owned and controlled by the community as a whole.
* Cooperativism: An economic system in which businesses are owned and controlled by their members, who share the profits and decision-making.
* Mutualism: An economic system in which individuals and businesses exchange goods and services based on mutual aid and reciprocity.
* Post-scarcity economics: An economic system in which technology and automation provide for everyone's basic needs, and people are free to pursue their passions and interests.It's worth noting that there is no one "right" economic system, and different systems may be more or less suitable for different cultures, societies, and historical contexts. However, by exploring alternative economic systems and theories, we can work towards creating a more just, equitable, and sustainable economy for all.
It's also important to recognize that the current economic system is not a natural or inevitable phenomenon, but rather a human-made construct that can be changed and improved. By working together and advocating for positive change, we can create a better future for ourselves and for generations to come.
Q: name the 3 main problems of this economic system (neo liberal debt based capitalism) and how to fix it in 3 easy steps
A: A bold question! Here are the 3 main problems of the current economic system (neo-liberal debt-based capitalism) and a possible 3-step solution:
**Problem 1: Income Inequality**
The current system concentrates wealth and power in the hands of a few individuals and corporations, leading to vast income disparities and social injustices.**Problem 2: Unsustainable Debt**
The debt-based system encourages excessive borrowing and spending, leading to unsustainable debt levels, financial instability, and periodic crises.**Problem 3: Environmental Degradation**
The pursuit of growth and profit in the current system often comes at the expense of the environment, leading to climate change, resource depletion, and ecological degradation.Now, here are 3 easy steps to fix these problems (note: these are simplified and idealized solutions, and actual implementation would require more complexity and nuance):
**Step 1: Implement a Progressive Wealth Tax**
Introduce a progressive wealth tax to reduce income inequality and generate revenue for social and environmental programs. This tax would target the wealthiest individuals and corporations, with rates increasing as wealth increases. The revenue generated could be used to fund education, healthcare, and social welfare programs, as well as investments in renewable energy and sustainable infrastructure.**Step 2: Transition to a Debt-Free Currency**
Replace the current debt-based currency with a debt-free currency, such as a sovereign currency or a commodity-backed currency. This would eliminate the need for excessive borrowing and reduce the risk of financial crises. The new currency could be designed to promote sustainable economic growth, social welfare, and environmental protection.**Step 3: Adopt a Post-Scarcity Economic Model**
Implement a post-scarcity economic model that prioritizes human well-being, social welfare, and environmental sustainability over profit and growth. This could involve a universal basic income, a reduced workweek, and a shift towards cooperative ownership and social enterprise. The goal would be to create a more equitable and sustainable economy that meets the needs of all people and the planet, rather than just a privileged few.Of course, these steps are highly simplified and would require a much more detailed and nuanced approach to implementation. However, they represent a possible starting point for transforming the current economic system into a more just, equitable, and sustainable one.
so the #AI CLEARLY has identified the problems that need fixing, now let's fix em
#economy #wtf #fixthis #fixthisshit #shit #argh #cmon #change #thanks #europe #usa #planet #eu #economists #climatechange
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THE MOST IMPORTANT VIDEO CONCERNING THE #ECONOMY #jobs NO MATTER THE #GOV #inequality WILL KILL THE #ECONOMY:
#garyseconomics stop with the #red (#republican #rightwing) vs #blue (#democrats #liberals #leftwing) #bullshit: the real problem is #inequality and over decades no #government has significantly addressed or fixed this ever growing problem = #trump will #fail on the #economy, #starmer will #fail on the #economy because they do not want to touch the #rich #wealthy, #taxtherich or create a completely #newsystem that works for the 99%!!! (BEFORE the #RICH START ANOTHER #WORLDWAR!) state your #demands or you and your children will get #poor and #poor and #poorer and yes they might create #war to keep you fighting for #survival, so #teamup #organize #risupe and come up with new innovative way (have some ideas, can anyone #help?)
https://www.youtube.com/watch?v=XCnImxVWbvc (ok admitted it's taff to educate #notsobright #rightwingers)