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Gary Stevenson on taxing the rich and why you're getting poorer

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Manage episode 469917354 series 2738259
Content provided by Channel 4 News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Channel 4 News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Why are the rich getting even wealthier while the middle and working classes continue to struggle? Former top trader Gary Stevenson - the star behind popular YouTube channel Gary’s Economics - breaks down how wealth inequality is driving down living standards for the middle and working classes on this episode of Ways to Change the World.

He tells Krishnan Guru-Murthy how the rich grow their wealth through passive income and investments, while ordinary people fall into debt, and argues that low interest rates, tax policies, and government responses to crises like 2008 and COVID-19 have mainly benefited the wealthy, deepening the financial divide. And finally, he urges people to educate themselves and push for change before inequality spirals further out of control.

Produced by Silvia Maresca.

  continue reading

102 episodes

Artwork
iconShare
 
Manage episode 469917354 series 2738259
Content provided by Channel 4 News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Channel 4 News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Why are the rich getting even wealthier while the middle and working classes continue to struggle? Former top trader Gary Stevenson - the star behind popular YouTube channel Gary’s Economics - breaks down how wealth inequality is driving down living standards for the middle and working classes on this episode of Ways to Change the World.

He tells Krishnan Guru-Murthy how the rich grow their wealth through passive income and investments, while ordinary people fall into debt, and argues that low interest rates, tax policies, and government responses to crises like 2008 and COVID-19 have mainly benefited the wealthy, deepening the financial divide. And finally, he urges people to educate themselves and push for change before inequality spirals further out of control.

Produced by Silvia Maresca.

  continue reading

102 episodes

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