Go offline with the Player FM app!
Gary Stevenson on taxing the rich and why you're getting poorer
Manage episode 469917354 series 2738259
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.
102 episodes
Manage episode 469917354 series 2738259
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.
102 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.