Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Why Are Taxes So High?" video.

Absolutely correct. The best economists I have discovered are poor kids who had the talent, and the luck to make it, but didn't forget where they came from. Gary Stevenson, Michael Hudson, and Mark Blyth have all focused on wealth inequality, because they realised that people like them were no longer coming through the system. And they all have a strong sense of economic history being a series of struggles between the asset wealthy and the state for control of the economy, and the people suffering the collateral damage of that struggle. And as technology advanced, it became harder for the state to control the asset wealthy over time. It's been a constant tug of war since antiquity. And the asset wealthy feel they have won the battle. That's why they are undermining democracy. This was only extended to the masses by the state, as a tool to counterbalance the power of the asset wealthy. But, the asset wealthy have broken the power of the state, persuading the masses that they should look to the asset wealthy for protection. That's like cattle looking to the cattle farmer, the abattoir owner, and the supermarket for protection. That protection is only ever contingent on how the asset wealthy can benefit from it. We saw that through Covid, and looking back through British economic history, the same indifference together with indoctrination runs through. And the social darwinism. We're at a tipping point, because of the harm done by capitalism to the planet we depend on for survival. And unless we start taking a wider view, a more collective view, we're in danger of leaving nothing for our descendants - no money, no property, no future. It's that simple.
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That's not true. Just go and look up documentaries what's it like to live in Mumbai, if you're not wealthy. That's what is going to be like in the future. The idea that "it couldn't happen here" is ahistorical. That's what it used to be like here in the UK, if you were poor, even through industrialisation. Why do you think that the British people after World War II gave both the Conservatives and the Liberals ‐ the two main parties of the day ‐ the Order of Boot in the 1945 general election? It was because things were so bad in the Interwar Years, and workers paid the price of economic mismanagement and ideology divorced from reality. Right from the Spanish Flu, Britain's war debts to the Americans, the totally avoidable Gold Standard crisis, and economic malaise and underinvestment for workers and infrastructure, only interrupted by World War II. And that was with an empire. People should go and read William Beveridge's report to reacquaint themselves with how bad it can get. Then they might understand why Brtish citizens go homeless, and their children die because of habitation not fit for humans to live in. And why this government of landlords voted a bill down that would make renting out such properties illegal.
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