The case for taxing wealth, argument by argument.
This video features an interview with economist Ha-Joon Chang, who discusses his upbringing in rapidly industrialising South Korea and how witnessing its economic "miracle" alongside stark inequalities and political repression inspired his study of economics. He also touches upon the dangers of unchecked growth and deregulation, drawing parallels to current UK housing issues.
Mentions Elon Musk, Margaret Thatcher
“It's all about stopping the economy from getting worse. It's about taxing wealth and not work.”
“I always talk about how it's not even necessarily just about what rates we tax income. You know, we have these very, very wealthy families- That's right, we hav”
“in the 1960s and '70s, Britain was one of the most equal countries in the world, you know? People don't often realise it. The country was growing faster than wh”
“I think this crisis of wealth inequality will get worse. I think it's, it's really going to... It's already decimated the working classes in the West. I think i”