Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Are the UK’s politicians frightened to stand up to wealth?" video.

  1. I think you are obsessed with it, because you're ignoring a very simple fact, that the wealth of the middle class is disappearrung, because the value of their wages and their home is being encoded by how neoliberalism works. It's a parasite, whose mode of survival is to transfer wealth to those who control the financial system. And the middle class no longer do that, and the assets they do own are in real purchasing power being devalued. Most of them have only their jobs, their houses, and their pensions, to counterbalance the puke of debt they took on to pay for it, and the hope they can repay all that debt is disappearing everyday. Why do you thing social mobility is disappearing even for the middle classes? And AI will drive that reality home, because it's the white collar jobs that the aspirational middle classes want that will be targeted by it. So, your confirmation bias is blinding you to the reality of the economic apartheid that is a feature of Neoliberalism and not a bug. The wealth illusion for the middle classes is going to be a painful wake-up call, because it is. The only assets growing in real terms are debt-based assets. And it is the owners of debt who are the real winners, and not the middle class who will lose what they have as much as the working class has already. When AI kicks in within the next generation, if neoliberalism hasn't been moved away from, they will be poorer too. That's the irony. There will be even less social mobility. And what if the middle classes then?
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  5. I think it needs to be said, that the transfer of wealth to the asset wealthy from everyone else is a feature of Neoliberalism and not a bug. And it's time that our class-obsessed society realised that. Any economy that chooses debt to drive the economy increases wealth inequality every year. The emergence of populism is the response to that fact, and once people wake up to the reality that there are no political parties in the UK that have realised that neoliberalism is no longer economically tenable - and that includes Reform UK - the UK economy will continue to impoverish everyone who isn't asset wealthy. And that includes homeowners too, who are trapped in the illusion of nominally increasing house prices making them think they are building real savings, when their spending power is being eroded by the purchasing power of their money being eroded. The fact that their are anti-MMT bots on this channel, is proof that the wealthy are scared that people will wake up to that reality. The truth is that every 50 or 60 years or so, the economic system reaches its structural limits, and this is happening now. The bots are proof that the rich who fund them are running scared. And they should be, because the political horses they have backed so far will accelerate the break-up with neoliberalism within the next generation. They hope this dysfunctional economy can continue, but it can't. And not letting it evolve to a fairer and more sustainable model will cause more damage. And that will be true, even if Reform UK - who is yet another neoliberal mouthpiece - get into power. The economic model doesn't work anymore and is economically unsustainable. Until that nettle is grasped, the pain will continue.
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