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ID: 28998
Channel 4 News
@channel4news.bsky.social
Jul 8, 05:38 AM
“If we don't get wealth taxes… Labour will lose the next election.” Economist Gary Stevenson tells Krishnan Guru-Murthy that tackling wealth inequality is essential if Labour wants to stay in power.
🎤 Whisper Transcript (en)
⏱ 87s
"If we don't get wealth taxes or some serious movement on wealth taxes from Burnham when he comes in he will lose the next election. There is always, there are always richer people and there are always poorer people and the truth is richer people are obviously richer and more powerful than poorer people. So if we if we create a very individualized society where everybody fights what they can get over time wealth will accumulate and concentrate more and more and more amongst the rich for the simple reason that I pay my rent to the rich so they'll get richer and richer. If we fight this as individuals we will lose and that is why the vast majority of human history is extreme inequality and the vast majority of the current world is extreme inequality but we have done it and I'll tell you what amazes me most about what my grandparents you know our grandparents generation did they moved from that extreme inequality extreme poverty to the middle-class society working-class society of the late 20th century with no historical precedent. So don't sit here and tell me it's impossible it is possible we have done it we can do it. But it's a perpetual struggle What is the answer do you think it's sort of it's a new political movement do you think it's pushing the Labour Party until they give in? If we don't get wealth taxes or some serious movement on wealth taxes from Burnham when he comes in he will lose the next election and I'll bet any money on that I will bet you any money on that and listen I'm a tired man right now because I'm working incredibly hard to get him to do that and if he doesn't it will be Farage. Farage will come in he will cut taxes on the super rich living standards will fall he will fail on the economy and I will still be here."
💬 Discussion
Channel 4 News
@channel4news.bsky.social
· Jul 6, 03:45 PM
“If we don't get wealth taxes… Labour will lose the next election.” Economist Gary Stevenson tells Krishnan Guru-Murthy that tackling wealth inequality is essential if Labour wants to stay in power.
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<span class="text-xs font-bold text-slate-300">KS_1968</span>
<span class="text-[10px] text-slate-500">@karenroberts.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 03:56 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">That would be this Gary Stevenson?</p>
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<span class="text-xs font-bold text-slate-300">Sweet Bird of Truth</span>
<span class="text-[10px] text-slate-500">@sweetbirdoftruth.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 04:05 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">What relevance are his earnings 15 years ago to what he&#39;s saying here?</p>
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&lt;span class=&quot;text-xs font-bold text-slate-300&quot;&gt;KS_1968&lt;/span&gt;
&lt;span class=&quot;text-[10px] text-slate-500&quot;&gt;@karenroberts.bsky.social&lt;/span&gt;
&lt;span class=&quot;text-[9px] text-slate-600&quot;&gt;· Jul 6, 04:50 PM&lt;/span&gt;
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&lt;p class=&quot;text-xs text-slate-350 leading-relaxed break-words&quot;&gt;Its not a gotcha. Its just pointed out he made money from the very thing he says he&amp;#39;s against and yet has never given the money to the poor he bet on. Just continues to make a living from them. #fuckinghypocrite&lt;/p&gt;
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&amp;lt;span class=&amp;quot;text-xs font-bold text-slate-300&amp;quot;&amp;gt;Sweet Bird of Truth&amp;lt;/span&amp;gt;
&amp;lt;span class=&amp;quot;text-[10px] text-slate-500&amp;quot;&amp;gt;@sweetbirdoftruth.bsky.social&amp;lt;/span&amp;gt;
&amp;lt;span class=&amp;quot;text-[9px] text-slate-600&amp;quot;&amp;gt;· Jul 6, 05:55 PM&amp;lt;/span&amp;gt;
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&amp;lt;p class=&amp;quot;text-xs text-slate-350 leading-relaxed break-words&amp;quot;&amp;gt;&amp;amp;amp;quot;The right looks for converts; the left looks for traitors.&amp;amp;amp;quot;&amp;lt;/p&amp;gt;
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<span class="text-xs font-bold text-slate-300">John Berry he/him</span>
<span class="text-[10px] text-slate-500">@thejohnberry.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 05:06 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">I don&#39;t know how anyone called Karen can go on the Internet any more 😂</p>
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<span class="text-xs font-bold text-slate-300">Justin Beaver</span>
<span class="text-[10px] text-slate-500">@rothrock.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 04:00 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">Yes he says that in every interview he ever has it’s not really a gotcha</p>
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<span class="text-xs font-bold text-slate-300">Bestie</span>
<span class="text-[10px] text-slate-500">@bestieuk.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 04:37 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">Wealth taxes don’t work. Gary is a moron.</p>
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<span class="text-xs font-bold text-slate-300">Rotorbabe Recordings</span>
<span class="text-[10px] text-slate-500">@rotorbabe25.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 04:32 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">He could be right.</p>
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<span class="text-xs font-bold text-slate-300">John Berry he/him</span>
<span class="text-[10px] text-slate-500">@thejohnberry.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 05:07 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">Actually he didn't need the first part of that sentence. Labour absolutely will lose the next election.
This won't just be because they won't do anything about wealth inequality, electoral reform etc.</p>
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<span class="text-xs font-bold text-slate-300">Channel 4 News</span>
<span class="text-[10px] text-slate-500">@channel4news.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 03:53 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">Watch the full conversation on The Fourcast now:
youtu.be/EPeP9xFrtP0</p>
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<span class="text-xs font-bold text-slate-300">CapriPAN</span>
<span class="text-[10px] text-slate-500">@capripan.bsky.social</span>
<span class="text-[9px] text-slate-600">· Jul 6, 04:32 PM</span>
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<p class="text-xs text-slate-350 leading-relaxed break-words">Already suffering from Burnham Boredom</p>
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