Comments by "gerhard7" (@gerhard7323) on "You have to tax wealth to grow an economy" video.

Is it better to have 50 people earning and spending £20k or 1 person earning and spending £1m in an economy? Up to a point it depends on what the person earning £1m in the economy does with their surplus cash, but by and large one can expect them to invest it in the financial rather than the REAL economy and in assets like property. The latter invariably pushes up buying/rental costs for the 50 people earning £20k and ensures they have less money to spend in the REAL economy. Ultimately these are self-serving political and social choices our politicians are making NOT sound economic ones and this begs the question as to why whilst great minds might think alike fools seldom differ.
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Basically we are seeing a deliberate, sustained and significant upward wealth transfer courtesy of our political and financial classes and it's been happening right under our very noses for decades largely unopposed. Margaret Thatcher dismantled the unions and then Tony Blair dismantled the Labour Party effectively neutralizing the prospect of any future meaningful opposition or voice for those dispossessed.
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There was a mighty good reason why Corbyn was effectively taken out the game with a confected charge of antisemitism by the British political establishment. He was planning to make fundamental changes as to the way the UK economy was being run and there was no way 'some' were going to let those changes happen. Furthermore had he, a lifelong Eurosceptic, not dithered over the Brexit question and presented the electorate with a dog's dinner of a policy the Red Wall seats wouldn't have collapsed to Johnson's Tories.
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