Youtube comments of Gilded Chalice (@GetGwapThisYear).
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 @chrisspencer6502 these men are lost, and their logic and reasoning is deeply flawed. Unfortunately, their lack of maturity means they find role models like Tate and Peterson, who are equally mentally and emotionally stunted, but because they present their views in an easily digestible way, that sounds plausible, itâs gobbled up and perpetuated.
The reality is, perfectly masculine men can, and do, move with the times, respect women and children, and prosper without developing a victim mentality.
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I believe that everything, including meaning, is a man-made concept. We exist to do the same as any other creature in existence - survive to maturity, reproduce, raise offspring, die.
Weâve become so far removed from our instincts, because modern human survival is centred around the exchange of labour for money to purchase necessities and luxuries, thatâs all we know. Because we are so far removed from those instincts, and have been conditioned so far from our nature, we struggle to articulate what we intrinsically know. It just seems too simple an explanation, yet is a level of freedom so out of reach for the majority, so we embellish it.
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Iâm not up on US politics but, optics aside, are there any tangible differences between Harris and Trump on a policy level?
In the most recent UK election, there wasnât any tangible difference between the Conservatives and Labour, despite broad historical differences, so it was safe to vote for a third option socialist party like the Greens, without having to worry about negative blowback.
All that to say, does Jill Stein really pose a threat to the Democrats, or is it all perception? And does it really matter if both main parties are committed to genocide, neoliberal fiscal policy, and widespread racist policy, despite performative identity politics?
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 @PersonPersons-kh3bg this is extremely narrow in scope though mate.
I like to see it explained like this; For every 1 pensioner you need 5 people working and paying tax to keep the wheels turning as they are, as in to cover that pensioners state pension and fund the NHS for the increased use by the elderly.
We have around 2 million new pensioners every year but far less than 10 million young people entering the workforce. So unless governments get serious about reducing inequality and building more homes, young people will not be having families until later in life, if at all, and eventually the pension pot will run dry and life expectancy will start decreasing, living standards will worsen more rapidly, and we will all get poorer faster.
Theyâve created an environment where weâre dependent on immigration for our workforce, but obviously those people need somewhere to live. So yes, homes are being impacted, but thatâs about it.
Everything else is scapegoating nonsense. The UK fertility rate has been lower than replacement since the 1980s, which means unless old people want to forego their state pensions, or work longer and harder to fund the generations that come after them, weâre gonna have to firm it and vote accordingly.
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Good video, useful for a jumping off point for further reading anyway.
Although, Iâd like to suggest your summary of public ownership of utilities is skewed, and seems guided by some bias. Natural monopolies (water, gas etc.) belong in public ownership. Here in the UK (used in your example) weâve seen profit extracted since privatisation and ZERO investment. Meaning the system is now completely obsolete, and even dangerous. Our waterways are polluted and there is real support, across the political spectrum, for nationalisation.
Although government ownership might be a semi-accurate description, itâs an oversimplification. Costs are generally regulated as the purpose is not profit generation, but maintenance and reliability for the public, who fund the service via taxes and fares/subscriptions.
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Iâve watched a lot of these videos of Jane Elliottâs sessions, and itâs always white women who seek to equate racism to the discrimination theyâve experienced.
Now, I appreciate that all women experience far more discrimination and marginalisation than white men, so they may be able to draw certain parallels; however, theyâre also the most sceptical of the assertions of other white women regarding their stories of harassment or sexual impropriety. I wonder if this is their own plight of indoctrination by the white male oriented societies in the west, and if they are all (those who share this attitude, not all women do, obviously) suffering from a shared Stockholm syndrome? Almost like theyâve accepted the bad, as theyâve been granted some station above the âotherâ and seek to retain what little theyâve been granted.
If so, it becomes a two-fold battle, to prevent any and all progress being sabotaged by a group who could otherwise be allies.
Iâm not asserting that Iâm right, Iâm just forming the thought. Open to any discussion.
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This is mostly nonsense, Roger.
Lack of regulation leads to the absolute opposite, which we are seeing play out in real time. All of our so-called regulators are asleep on the job, and weâve got privately owned natural monopolies making obscene profits, while pumping actual shit into our rivers and waterways.
Lack of regulation in the workplace would see people rendered destitute and probably dead were their job to become surplus to requirements. The alternative is plummeting salaries to reach profit margins with constricted revenues.
You are right about the artificial inflation of the housing market, thanks to ridiculous help to buy schemes, but itâs all in the name of buying votes. Wages have been stagnant for almost 30 years in the UK, while asset prices have risen about 300% in that time, so your assertion of acquiring wealth is misplaced optimism, and completely at odds with reality.
The social contract has been broken for millennials and Gen Z and we are sick and tired of the golden generations, who had life very easy by comparison, telling us weâre just pessimistic. You wouldnât last 5 minutes with the level of stress and pressure those of us that donât come from money have had our entire lives.
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 @asdfbeau Yes, you're right about the demand for products, but products haven't been a significant contributor to our economy, globally, for decades now. We've been centred around financial services for a long time now, and I don't really see that changing. The way we've cut ourselves off from the rest of the world post-Brexit though, has the potential to open the door for more domestic competition - if there was sufficient funds in circulation for new entrants that is.
The part regarding British wealth is inaccurate and irrelevant though, because that's literally the topic of discussion. The wealth is there, the jobs and workforce is there, but the distribution isn't, because asset prices have been artifically inflated (see Help 2 Buy and other stupid schemes) while wages have been forcefully suppressed because the Bank of England's only controls against inflation are to increase interest rates or tell everyone not to ask for pay rises. They don't measure inflation again asset prices, which is the most significant driver at the moment, and has been for some time.
Same can be said for your last paragraph - irrelevant and uninformed, I'm afraid.
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 @PersonPersons-kh3bg Iâve no doubt we agree why people arenât having kids - wages are criminally low, and asset prices are criminally high, but you are completely clueless on the contributing factors that perpetuate the problem, and what can be done about it.
Successive governments have committed to multi-locking pensions, for people who are currently the most entitled generations to have ever lived. State pensions are not something you pay into to benefit from, they are paid by working people. It sounds like youâre suggesting we just forego the state pension system, which obviously isnât going to happen overnight.
Rents are high because that same generation was told that property is the safest investment. It is, because shelter is pretty much a basic human need, but itâs like profiteering on food and water, and immoral in my opinion.
Yes, the number of people coming in impacts demand for housing, but low wages arenât the fault of anyone but the government who allows it. Countries with far greater populations and workplace competition than us have much higher wages and better quality of life.
During Covid, huge amounts of money was pumped into the economy which has ultimately pooled at the top. Those people put their money to work by buying assets, which drives up prices and pushes out those at the bottom.
Youâre looking for someone to blame and have decided to scapegoat migrants because you apparently canât be bothered to take the thought process to its final and obvious conclusion. Itâs lazy and incorrect.
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 @stonboy much of what we are experiencing is self-inflicted. The country has selected successive governments with no vision or desire to direct money to the right place in order to allow for growing populations. This is likely a political literacy issue, but the impact is far greater than any purported âinflux.â The domestic population, if you like, has been reproducing below replacement rate since the 80s, so without migration weâd be in serious trouble. You seem to be falling foul of the same sensationalisation as everyone else. If you looked at the actual numbers and not the falsified ones, then determined the reason weâre so dependent on foreign workers, youâd maybe broaden your scope. Some resistance to integration can occur of course, but itâs not helped by attitudes like yours and others, who have an innate disdain for âothersâ and treat them as such. The entitlement of white Brits is honestly an incredible trait, that is never borne out in their qualities or abilities, but remains undefeated in its ignorance and audacity. Extending an olive branch between communities makes a huge difference but Brits refuse to learn and accept, despite have no discernible culture or traditions of our own anymore. Weâve become a diluted mini-America, and the boomers and Gen-X wholeheartedly embraced it.
Itâs easy to keep whinging about immigration and blaming all our problems in the number people coming in, but when it barely keeps up with the rate of those leaving and dying, it just sounds silly. We need more homes, we need more public spending, and we need more wealth equality, or opportunities to increase incomes at least. The people of this country never vote for anyone that actually wants to improve their lives, just whoever wants to worsen the lives of others more than theirs.
Itâs counterproductive, itâs hateful, and unless we learn from it, our lives will get shittier and shittier until were expire.
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The low productivity argument is complete bull, but agree with the rest of it. Productivity is a deliberately ambiguous metric, because positive productivity - that is supply that exceeds demand, has a deflationary impact on the profits of capitalism. This is the supply of, and access to, housing is deliberately constrained and costs are artificially inflated via stupid schemes.
Thatcher sold off our industry, and all of our public assets to the US and others via FDI, which skyrocketed under her government. We remain simply an offshore labour force for the US, who pays virtually no tax and lobbies for the suppression of our incomes so maximise the wealth they can extract. The same way they do the rest of the world. If we resist, or sought greater trade with one of their rivals, this would become blatantly obvious.
We need government spending in training and housing regulation, and renationalising of our infrastructure and supporting functions. If not, weâll continue down this road until the American empire falls.
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 @davidd4365 no, the government has not spent âbeyond its means,â because thatâs an arbitrary concept as far as a fiat currency goes. Taxes regulate supply of a fiat currency, which is where the value is derived from (controlling circulation). As Gary has mentioned before, the money flows upwards, there is no trickle down, that is why taxing the rich is the only answer.
Redistribution will only occur by mandating maximum levels of salary disparity between upper level and those below, and raising minimum wage.
This education is only beneficial up to a point, because no one that will hear this will ever have the power or influence to change it, so the necessary next step is to provide education on understanding markets. Without that, this is just mental masturbation.
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 @ricardokowalski1579 no, it isnât. Governments do not spend taxpayer money. They create money to spend, then regulate the supply via taxation. That is the sole purpose of taxation.
Your follow-up question is equally stupid. Impoverished people do not have savings, therefore the value is not undermined.
The only way you stimulate growth in an economy is via spending. Thatâs an indisputable fact. If you squeeze the poorest to where they are dependent on debt (credit cards etc.) to afford the essentials, you enrich others at their expense.
The only rectification is government spending on public services, such as state owned transit systems or healthcare. This way you create non-profit generating institutions that serve the public and through which you can extract the excess currency in circulation whilst also reducing prices. The private sectorâs only aim is to generate profit, often at the expense of maintenance, improvement, and wage growth.
Obviously, we know America will never create nationalised infrastructure for its citizens because nobody there gives a shit, and theyâre all in it for their own gain, so the best you can hope for is a progressive taxation system that removes most of the excess from the top earners. QT is a means to avoid this whilst still removing currency. Itâs ineffective, which is why itâs been done so many times in the last few years and we end up back here again shortly after.
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 @Redf322 maybe, but the idea behind it might have been to keep us mutually invested in each otherâs quality of life, long-term. Thatâs just a guess though.
For example, we know that an overwhelming number of pensioners voted in favour of Brexit and have been voting for Tories for 14 or more years. Had they known where their pensions were coming from, they have might have been less inclined to wreak havoc on the country, the economy, and younger generations.
As it stands, those in work now have had wage growth suppressed by the BOE with below inflation pay rises since 2008, house prices have been artificially inflated, but pensioners have still been granted the triple lock.
I donât agree with what Starmerâs done with the winter fuel allowance, mostly because itâs unnecessary, but aside from that, Iâve very little sympathy for those among the pensioners who think of no one but themselves.
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Appreciate all you do, Gary. Loved the book and love following your stuff.
The thing for me is, itâs all well and good (and necessary) providing the public with the knowledge and understanding of why weâre skint and getting poorer, but when we canât do much about it, I donât know if itâs very empowering. Itâs like getting a terminal prognosis with no end date. You know whatâs happening, but not what you can do about it, or how long youâve got to do it.
If you could, itâd be appreciated if you could breakdown some of the jargon used by the jumped up finance bros mugging off desperate people. I know you donât give out advice or whatever because of the bad experience you had with your pals, but understanding some of the terminology I think would help. Breaking down what feeds these people are watching, and how they pick their trades/investments.
For me, the interest isnât in even pursuing it for gain, but more so to know if someoneâs bullshitting me.
All that said, enjoy your holiday, you deserve it. Take care.
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