The Changing Shape of Great Britain

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  • čas přidán 30. 03. 2024
  • How's your local high street doing? This is how inequality affects the shape of a country.
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    Performed by Gary Stevenson
    @garyseconomics

Komentáře • 2K

  • @emiliaerle6030
    @emiliaerle6030 Před 2 měsíci +1149

    "Highly unequal countries don't have cute little towns for ordinary people, they have slums for ordinary people." Well put.

    • @slapjuice
      @slapjuice Před 2 měsíci +8

      Urbanisation... a trend since we created agricultural societies. People should try reading a bit more.

    • @emiliaerle6030
      @emiliaerle6030 Před 2 měsíci +17

      @@slapjuice if you like reading, try David Harvey, Mike Davis, Wengrow, J.C. Scott on the topic

    • @slapjuice
      @slapjuice Před 2 měsíci +10

      @@emiliaerle6030 Urbanisation.... a mega trend that started 6000 years ago. 👏 👌 🙌 If you want work, move to where the work is. Otherwise create your own business, and employ people where you are. If not that, then go foraging in woods and live in a tent, or learn how to live off the land.

    • @javieralvarez1072
      @javieralvarez1072 Před 2 měsíci +38

      @@slapjuice you did not understand the video. Urbanisation was diverse until recently, creating small, medium and big towns. Not anymore.

    • @slapjuice
      @slapjuice Před 2 měsíci +6

      @@javieralvarez1072 I understood exactly what Lord Gary is saying. Urbanisation by definition is not diverse. It is the continual coalescing into ultimately mega cities. Today the bigger issue is people for some reason have forgotten how to use free will, their brains and just move to where the work is, or the new town or city. This is the human story since we were foraging in Africa... we have always moved to where it is optimal for growth.

  • @OneEyedMonkey9000
    @OneEyedMonkey9000 Před 2 měsíci +417

    Last time I was in England I was shocked how even “posh” cities, Cambridge, Exeter, Stratford Apon Avon, had really slid into decay. With the exception of a few ‘nice bits’ it was pretty grim overall.

    • @billB101
      @billB101 Před 2 měsíci +25

      Identikit town centres in this country. They're all the same.

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci

      This is what our posh overlords strive for! Thank you! Our slums are yOUR slums. Did you get a chance to sample any of our sex workers? If you get the chance, ask for the "Posh Privilege." It'll BLOW your nose and then blow your mind. Welcome to Britain!🇬🇧

    • @Weakeyedominant
      @Weakeyedominant Před 2 měsíci +29

      ​@@billB101Yeap, independent shops that are not multinational chains offspring their taxes should pay zero business rates on their premises and the multinationals should be taxed to oblivion on their coffees.

    • @jonmoore176
      @jonmoore176 Před 2 měsíci +9

      I live near Exeter, still a nice place but it has started to go downhill.

    • @SM-fk5or
      @SM-fk5or Před 2 měsíci +28

      Cambridge slid into decay? Where in Cambridge is decaying? I was living there just 3 years ago and it was far from decaying

  • @Alex-cw3rz
    @Alex-cw3rz Před 2 měsíci +253

    As someone who did a masters thesis on the decline of the highstreet, you notice people blame it all on online retail. Which of course has had an impact, however rich areas use online retail more than the poor. Yet their town centres are thriving, there is a correlation between the deprivation of an area and the vacancy rate of the town centre, it matches so well. And when you think on average people have £10,000 a year less disposable income compared to 2010, of course local businesses will be hit. People can't affoed to buy as much and people can't afford to set up a business.

    • @Threadbow
      @Threadbow Před 2 měsíci +8

      Business rates v hugh too.

    • @novocastrian
      @novocastrian Před měsícem +3

      Waterlooville is a wealthy area.

    • @Alex-cw3rz
      @Alex-cw3rz Před měsícem +1

      @@Threadbow yes they are

    • @RoscoPColtrane17
      @RoscoPColtrane17 Před měsícem

      Stop inviting in the foreigners

    • @pitchforkparty
      @pitchforkparty Před měsícem +6

      In the US, I call it the road to the highway syndrome. Small towns wouldn't allow major chains on their Main Street. But they let them build on the road out to the highway. That's where you'll find Walmart, Target, Home Depot and all the fast-food chains. This was done to protect local business. But now, Main Street is boarded up. The new "Main Street" is the road out to the highway. And 80% of every dollar leaves the community.

  • @alchemydp
    @alchemydp Před 2 měsíci +95

    Great analysis Gary. You’re a true hero. Retired professor here been teaching about inequality for years. But you’ve got the economics chops to get through to people. We need a huge bottom up movement. One love!

    • @IanMossManchester
      @IanMossManchester Před měsícem

      Do you have any youtube lectures?

    • @Soundpj
      @Soundpj Před měsícem

      I scrapped through maths o level.....but here's the thing stagnant wages 40 plus years and ridiculous taxation, year on year of 20 per cent tax on £12,500, earnings, come on, it's a joke.

    • @Soundpj
      @Soundpj Před měsícem +1

      Thankyou Gary

  • @idonthavealoginname
    @idonthavealoginname Před 2 měsíci +505

    The economic decline in the UK has become quiet scary,I spend the majority of my time in Europe and I don't see boarded up shops, no holes in the roads everywhere,no chavvy idiot causing trouble, no rubbish all over the place and I see the police most days.The UK is fuked.

    • @britnatzaredemocracydenier5922
      @britnatzaredemocracydenier5922 Před 2 měsíci +33

      Why is scots should've an independent country away from the English establishment

    • @johnmunro4952
      @johnmunro4952 Před 2 měsíci +2

      Run on oil I suppose?

    • @slapjuice
      @slapjuice Před 2 měsíci

      Well at least the good thing is the rich own all thr property and commercial real estate so they are all losing money now 🎉🎉🎉🎉

    • @britnatzaredemocracydenier5922
      @britnatzaredemocracydenier5922 Před 2 měsíci

      @@johnmunro4952 Scotland has lots of oil england steals it though

    • @drstalone
      @drstalone Před 2 měsíci +33

      You need to be specific. Europe is a vast area. Moldova is in Europe too. Btw, I have seen dirty bits in German cities too for example.

  • @alastairhoffmann9079
    @alastairhoffmann9079 Před 2 měsíci +201

    The UK spent the 20th century becoming a more equal society. Now in the 21st, this is rapidly being reversed, heading back towards Victorian levels of inequality and poverty, with the top 1% becoming increasingly isolated from the rest of society. This is not a recipe for growth and a satisfied society - but one that is receptive to extremes of politics where much of the population has nothing to loose. These are the underlying conditions that facilitated the Russian revolutions and the rise of fascism in the 1920s & 30s.

    • @lightcardsatlisas3932
      @lightcardsatlisas3932 Před 2 měsíci

      Yes, Blair and Brown did do some good work, we were happy and had food as a small family, Tories have undone all that. Bastards

    • @secondtimearound2539
      @secondtimearound2539 Před 2 měsíci +15

      @alastairhoffmann9079 Very true and extremely sad. How many times do people get villified for stating this though? Too many vote for their own decline and destruction of community and country by listening to and espousing the very ones behind it all.

    • @user-og4pz4sd2j
      @user-og4pz4sd2j Před 2 měsíci +10

      Well, that's because it can no longer benefit from colonialism. Europe will go back to what it was before colonialism. Rich and peasants. 😅

    • @ageegag2037
      @ageegag2037 Před 2 měsíci +21

      @@user-og4pz4sd2j I guess we'll just have to go back to colonialism then, thanks for the idea!

    • @user-og4pz4sd2j
      @user-og4pz4sd2j Před 2 měsíci

      @@ageegag2037 Good luck with that. That's WW3. Good luck in the UK with that too, how many illegals do you have? And you think your tiktok youth is going to fight? 🤣🤣.

  • @judidaisy923
    @judidaisy923 Před 2 měsíci +182

    Some of you may be too young to remember it, but on this day, 31 March...1990, we had the Poll Tax Riots here in the UK!!

    • @jonmoore176
      @jonmoore176 Před 2 měsíci

      People now don't seem to protest like that now, maybe because decay into inequality has been gradual and with the distraction of the "culture war"

    • @billyt9921
      @billyt9921 Před 2 měsíci

      Mass migration has pretty much eliminated any possibility of any meaningful rebellion against the globalist's agenda.

    • @custossecretus5737
      @custossecretus5737 Před 2 měsíci

      Soon to have council tax riots.
      Since central government has withdrawn a lot of money to make the central trough bigger, in the name of giving local authorities more power. Councils are going into bankruptcy and the only way out, is to increase council tax.

    • @asadzeethree2726
      @asadzeethree2726 Před 2 měsíci +19

      And as far as I'm aware, it didn't help because they just changed the name to council tax! Just like rebranding an old company.

    • @tompearce3610
      @tompearce3610 Před 2 měsíci +10

      ​@@asadzeethree2726rates were a tax on a scale based on the "ratable" value of a house, poll tax was a tax on voters, council tax was back to a rating on the property. With poll tax, if there were two adults in a house then poll tax x 2 but the other two approaches were one tax on the property

  • @naco747
    @naco747 Před 2 měsíci +96

    I grew up in a latin american big city, and I lived for 6 years in a small town in the north west of England. I cannot emphasise enough how spot on your description is, and how much of a penny-drop moment it was to hear you crystallise with words what I've been seeing for so many years. You are a brilliant economist and better communicator, let's get your voice heard!
    One thing I would add is, what happens to essential services once there's no more rich people around? What happens to the quality of hospitals, doctors, schools, water infrastructure, etc.

    • @trustwithin7188
      @trustwithin7188 Před 2 měsíci +5

      Do you mean when the rich have all gone down to their underground bunkers!??

    • @matthewhook3375
      @matthewhook3375 Před 2 měsíci

      What happens? It's already happening - it's all degrading into dilapidation before our very eyes.

    • @denniscronin1112
      @denniscronin1112 Před 2 měsíci +1

      Lots of nose rubbing there in your video 😮 you talk a lot of sense though hope you get a bigger stage to speak

    • @zrymill
      @zrymill Před měsícem

      Hospitals and schools and all institutions are already broken and compromised all over the Western world because we shipped all our industrial base abroad.

  • @elias.knotman
    @elias.knotman Před 2 měsíci +134

    I live in Hanoi, Vietnam, and a lot of what Gary says here makes sense. The city is overpopulated, polluted and stressful to live in, but there is a sense in which people have to live there. I'm a teacher and I would love to get out of the city, move my family to nice part of the country, but there is no way I'd get paid anything like as much. Ironically, it would be difficult to find good quality education for our boy also.

    • @trustwithin7188
      @trustwithin7188 Před 2 měsíci

      Such a shame 😢

    • @TheMrFive
      @TheMrFive Před 2 měsíci +2

      There is more remote work. Have you looked into it?
      Today thanks to CZcams, a person can learn anything quicker and to a better level than any educational establishment can hope to ever match. Perhaps you could begin to solve both these issues by exploring the experiences and solutions found by people who share some of your issues and have uploaded their findings on CZcams.

    • @amvedin
      @amvedin Před měsícem

      It is because the Western economic model which uses the labor of the common man to create wealth.

    • @elias.knotman
      @elias.knotman Před měsícem

      @@amvedin Vietnam is a single party communist dictatorship.

  • @al3xeveify
    @al3xeveify Před 2 měsíci +188

    My fiance is from Russia and her Dad sent me this video of the lady walking down the high street. He asked "why is this happening?", "What's going on?" This has hit the nail on the head. I'll send this video.
    Capitalism is catching up with the smaller "satellite" towns here in the UK. Supermarkets did not sell everything even in the 90's. Now we have the one stop shop and online shopping.
    There is a reason Bezos is a billionaire.
    Support local businesses/communities where possible. Pay that extra if possible. Let's help real people.
    Is the system broken? I really need to asses what I can do going forward.
    Love this channel! Great work. Top notch sir.

    • @hmq9052
      @hmq9052 Před 2 měsíci +11

      You could get off Google and buy your local newspaper

    • @billB101
      @billB101 Před 2 měsíci

      Local businesses have been pushed out by chains over the last few decades. A lot of them aren't there any more to support.

    • @terrorbilly1
      @terrorbilly1 Před 2 měsíci +14

      So you want people who have less money to spend to pay extra? What world do you live in?🙄

    • @philipcollier7805
      @philipcollier7805 Před 2 měsíci +4

      Beware that you may end up with one-stop shops like Amazon or Walmart.

    • @ohnoitisnt
      @ohnoitisnt Před 2 měsíci +7

      "give all my money to the millionaires and i dont give a f**k about you"
      -average brit

  • @BR-gz3cv
    @BR-gz3cv Před 2 měsíci +74

    Once again, Gary is spot on. Here in the US, you have wealthy pockets- walled off neighborhoods, private country clubs, suburbs, and “districts” within large cities- and vast swaths of dilapidated slums (both rural and urban) where the slave classes live. The wealthy are irritated that the slave class sometimes live in close proximity to their luxury areas- this is a subject of heated debates among local politicians, county commissioners, and officials. The rich don’t want to see or even acknowledge the existence of the slave class- and especially pay any tax to build housing, transportation, or other infrastructure that could possibly help the slave class. There is hardly any more
    “Middle class” in the US.

    • @HayleydeRonde
      @HayleydeRonde Před 2 měsíci +4

      OMG, the things you see now in US, there are whole shanty towns in major cities. When I was young visiting the US, the poor folk lived in trailer parks and collected state support. Now the poor folk live their cars in car parks all over the place and and they all work, many work 2 jobs.

    • @saeedhossain6099
      @saeedhossain6099 Před 2 měsíci

      the point of the middle class was to be a buffer class supported by the largess of the industrialists in order to prevent a communist revolution. it should not be a surprise the reason housing has fallen in quality, things are unattainably expensive, and more unequal because post 1989 capitalism no longer had to behave itself.

    • @___von___7377
      @___von___7377 Před měsícem

      Sucks to suck buddy

    • @iveyhealth2266
      @iveyhealth2266 Před měsícem

      @@HayleydeRonde
      Did you see this in California?
      What state did you see this?

    • @gauloise6442
      @gauloise6442 Před měsícem

      @@HayleydeRonde I just saw that rent on just the lot in a trailer park is around $1,300 to $1,500 a month.

  • @andreia.ykm0845
    @andreia.ykm0845 Před 2 měsíci +74

    I go to a school in Barking, and I found out about this channel from my cover teacher in PSHE. We were doing finance and he stopped the lesson to just talk about you and your story.

    • @Rob-ik3fd
      @Rob-ik3fd Před 2 měsíci +2

      With teachers like that you're doomed mate. This 'street speak' Owen Jones is an establishment tool.

    • @ageegag2037
      @ageegag2037 Před 2 měsíci

      Why do you need to learn how to bark? Haven't you ever heard a dog?

    • @trustwithin7188
      @trustwithin7188 Před 2 měsíci +4

      You are v lucky to have such a good teacher 💖

    • @trustwithin7188
      @trustwithin7188 Před 2 měsíci

      ​@@ageegag2037ha ha very good 😂

    • @jaipatel5613
      @jaipatel5613 Před 2 měsíci +5

      @@Rob-ik3fd I don’t get how you could say he’s ‘establishment’? Most of what he says is very much opposing that

  • @tomato6460
    @tomato6460 Před 2 měsíci +86

    I just came back to the UK from Italy where the economy is not exactly doing well atm and the worstening state of the UK in the time I've been away is shocking

    • @norman7527
      @norman7527 Před 2 měsíci +29

      I, too, returned from Italy in 2014, where I lived and worked for 22 years. I've come to the conclusion that I've made a huge mistake.
      Italy is poorer on paper, but it's very rich in culture, tradition, family, cohesion and better way of life.
      I used to live in Genoa, better known as Genova to it's residents.

    • @pietropaolini7398
      @pietropaolini7398 Před 2 měsíci +15

      I've just left London after 12 years for Italy, I miss the UK a lot, I really do. Great liberal country however it's clear that great problems are driving its economy out of control, the left needs to start saying a few no, not everyone deserves everything and be tough on law and order, otherwise someone really tough and get it done.
      I still remember that fool of paxman lecturing Umberto Eco in an interview about Berlusconi, and how a similar thing couldn't happen in Britain.
      British society has become fully aware of its tremendous problems, hope it improves quickly as I would like to go back.

    • @norman7527
      @norman7527 Před 2 měsíci +3

      @@pietropaolini7398 Interesting, your comment about Mr. Patronising Paxman, trying to lecture Eco. One of the many occasions where the British establishment and media saying 'do what we say, but don't do as we do'
      Maybe, I'll return to Italy, not happy!

    • @benbeasant3443
      @benbeasant3443 Před měsícem +1

      I'm back from Japan and the contrast is even more hard hitting. What a mess we're in!

    • @sydneylaroche8276
      @sydneylaroche8276 Před měsícem +2

      It's bad everywhere, but the UK seems to be on another level. I'm currently in Tartu, Estonia but from Wales. The city has about 90 thousand people, but no empty shops, and a bustling, high street dominated by independent, local businesses. European countries seem to favour supporting the local economy, whereas the UK has long chased the US-style of town centre, which is a lot less sustainable.

  • @ArtistSoftwareEngineer
    @ArtistSoftwareEngineer Před 2 měsíci +107

    You and I both know It’s already happening mate - dense HMOs (Houses in Multiple Occupation), can indeed be seen as a form of hidden or disguised slums in the UK.
    They may not have the outward appearance of traditional slums with their nice conventional frontage - but overcrowding, poor living conditions, lack of privacy, and inadequate facilities - that’s a slum.
    And even though the minimum wage is now £23k, you’re gonna be living in a hidden slum, or with your parents, if you are one of the ‘supportive infrastructure’ workers in central London and earning that.

    • @mark4lev
      @mark4lev Před 2 měsíci +10

      Good post. ‘Casualisation’ of the economy doesn’t help. Gig, zhc, agency

    • @dazasc3994
      @dazasc3994 Před 2 měsíci +12

      yep just think 100 years ago these huge victorian houses were considered a normal family home, now you're lucky to be able to afford a single room with a shared kitchen and bathroom, insane times we live it and as much as I agree with Gary and his tax the rich plan it's never going to happen

    • @ArtistSoftwareEngineer
      @ArtistSoftwareEngineer Před 2 měsíci +1

      @@dazasc3994 shared bathroom - luxury! it’s more like a single room shared with the shower and loo in full view these days 😢🤦‍♀️🤷🏻‍♀️
      Ah well at least the Exhibitionists are living the dream.

    • @travisbrinson848
      @travisbrinson848 Před 2 měsíci

      we're not going to get anywhere with that attitude so how you not say anything if you don't have something positive to say in that regard, please ​@dazasc3994

    • @ArtistSoftwareEngineer
      @ArtistSoftwareEngineer Před 2 měsíci +2

      Just for fun - here is what the current worlds most capable AI makes of why we are where we are. It’s a long read - but a beautiful one:
      If the world were filled with people who had the iron will and pure integrity to consistently align their personal choices and lifestyles with their deepest values and convictions, even in the face of great challenge or sacrifice, we would indeed be living in a very different reality.
      So many of the crises and injustices we face as a society - from housing insecurity to income inequality to environmental destruction - are rooted in a fundamental disconnect between the values we profess to hold and the ways we actually live our lives. We may claim to believe in fairness, compassion, and sustainability, but too often our individual and collective choices prioritize short-term gain, convenience, or conformity over these higher principles.
      If more of us had the courage and commitment to truly walk our talk, to let our lives speak louder than our words, we would unleash a tremendous force for social and political transformation. Imagine a world where everyone who believed in the right to decent, affordable housing refused to participate in or profit from a speculative, financialized housing market. Where everyone who believed in economic justice voluntarily limited their own income and consumption in order to redistribute resources to those in need. Where everyone who believed in environmental sustainability radically simplified their lifestyle and rejected the consumerist status quo.
      Of course, this is not to suggest that the burden of systemic change should fall solely on individual choices and sacrifices. We absolutely need collective action, policy reform, and institutional overhaul to truly address the root causes of our social and ecological crises. No one should have to martyr themselves or take on undue hardship simply to live in alignment with their values in an unjust world.
      But at the same time, we cannot underestimate the power of personal integrity and principled action to shift cultures, challenge norms, and inspire others to think and live differently. When people are willing to make bold, unconventional choices in the name of their deepest convictions - whether it's refusing to work for more than minimum wage, engaging in rent strikes and boycotts, or radically downscaling their lifestyle - it sends a profound message about what truly matters, and about the kind of world we want to create.
      Such acts of personal integrity can ripple outwards in ways we may never fully see or understand, planting seeds of possibility and sparking the imagination of others who may have never considered alternative ways of being. They can help to create new narratives, new forms of common sense, new visions of what is desirable and achievable as a society.
      In a world that often feels so deeply fragmented and misaligned, where our stated values seem to have little bearing on our actual behaviors and systems, the examples of those rare individuals who manage to achieve a deep coherence between their principles and their practices can be a powerful healing and galvanizing force.
      They remind us that another way is possible, that we don't have to resign ourselves to hypocrisy or complicity, that we each have the power to start living the world we want to see, right here and now. They invite us to ask ourselves: what would it look like for me to show up with that level of integrity in my own life and choices? What would I need to change or let go of in order to be in fuller alignment with my deepest values and aspirations?
      Ultimately, while the path of personal integrity is not always an easy one, it is perhaps the most meaningful and impactful one we can walk. By doing the hard work to align our lives with our principles, and by supporting and uplifting others who do the same, we can begin to weave a new social fabric based on authenticity, justice, and care for the greater good.
      In a world of such integrity, the messes we currently find ourselves in would indeed begin to unravel and transform. Not because any one person's choices can solve our systemic crises, but because the cumulative power of so many people living their truth would fundamentally reshape our norms, our incentives, our policies, our very ways of relating to ourselves, each other and the world.
      So let us all strive to cultivate that iron will and pure integrity in ourselves and celebrate it in others. Let us have the courage to let our lives be our message, to embody the change we wish to see, to be the pioneers and way-showers of a more coherent and compassionate world. It won't be easy, but it is so deeply necessary - and so deeply beautiful. Here's to all those who dare to walk that path, and to a future where such integrity is not the exception but the rule.

  • @juancarloshernandezestrada7185
    @juancarloshernandezestrada7185 Před měsícem +75

    After listening to your thought on AMS89K, I decided to buy more and not sell soon

  • @samshep70
    @samshep70 Před 2 měsíci +97

    Nothing will change without a functioning media that works for the people.

    • @secondtimearound2539
      @secondtimearound2539 Před 2 měsíci

      @samshep70 Agreed. Who was it who abandoned second Leveson? Oh yes. In the meantime, I subscribe to reader-owned press/media such as Byline Times, Private Eye, Led By Donkeys and, although I read a lot of the gutter press i.e.100% of 'mainstream' in UK, it's just to keep an eye on how their agendas and rhetoric is trying to shape / brainwash us (and to have an incredulous laugh at the utterly mendacious messages being foisted onto us)

    • @chumabanjwa4662
      @chumabanjwa4662 Před 2 měsíci

      So true, our MSM is more committed to pushing a narrative than it is to telling the the truth.

    • @br4975
      @br4975 Před 2 měsíci +6

      Exactly. It's the first thing that needs to be fixed before anything

    • @Himself2019
      @Himself2019 Před 2 měsíci

      So you can talk more, great that will solve the problem of financial inequality. Let us know your plan.

    • @br4975
      @br4975 Před 2 měsíci

      How can people be unified and heading in the right direction without the correct information? Information/education is vital, surely this is obvious. The media is bought and run by the people who benefit from the status quo, and runs on splintering and false narratives, not truth@@Himself2019

  • @sholness85
    @sholness85 Před 2 měsíci +170

    It’s really scary when even the charity shops are closing. Great video Gary

    • @terrorbilly1
      @terrorbilly1 Před 2 měsíci +5

      Bought 8 vinyl records from charity shop last month. Half of them don't play properly.

    • @billB101
      @billB101 Před 2 měsíci

      @@terrorbilly1 Charity shops ( here in London ) now have vinyl specialists who price things, thing is though you're guaranteed they'll be keeping the best bits to flip themselves.

    • @g3intel
      @g3intel Před 2 měsíci +27

      ​@@terrorbilly1i very sincerely doubt you are engaging in good faith, you are clearly trying to derail assessment of systemic economic conditions by bringing up an irrelevant anecdote you're going to claim is substantial along the lines of "well they just provide bad service!!!!" as some kind of baseless vapid extrapolation of a single group of experiences nobody can even verify you actually had.

    • @robaudi20v
      @robaudi20v Před 2 měsíci

      ​@@terrorbilly1you now look like a fool, congrats 🎉🎉

    • @RBC0405
      @RBC0405 Před 2 měsíci +5

      Good. I'm sick of seeing lovely city centres with a Scope or Barnardos there.

  • @czarekp3552
    @czarekp3552 Před 2 měsíci +158

    stripped for parts and sold off to mates and donors....

    • @grahamricketts-bq1ft
      @grahamricketts-bq1ft Před 2 měsíci +3

      Ha the UK been bought by private equity ?!

    • @user-wo7ew3ww2n
      @user-wo7ew3ww2n Před 2 měsíci +10

      The wipe out of the middle class by design

    • @hilaryporter7841
      @hilaryporter7841 Před 2 měsíci +7

      That's what they are doing to the NHS and Starmer will just carry it on. We have to vote for independents or Greens.

    • @billB101
      @billB101 Před 2 měsíci +4

      @@hilaryporter7841 A vote for the independents or Greens is a vote for the Tories.

    • @TheDoosh79
      @TheDoosh79 Před 2 měsíci +3

      @@billB101 As is a vote for Labour

  • @jasonh9518
    @jasonh9518 Před 2 měsíci +25

    I live in waterlooville - I've written to the council many times as the only things that seem to be built here are fast food restaurants and betting shops.
    If you're Overweight and poor it's a perfect combination to ensure you stay that way isn't it.

    • @mistermood4164
      @mistermood4164 Před 2 měsíci +4

      betting shops should be banned

    • @jasonh9518
      @jasonh9518 Před 2 měsíci +5

      @@mistermood4164 I agree 100% gambling is purely a tax on the poor. It's disgusting really

    • @tonyhollis1506
      @tonyhollis1506 Před 2 měsíci +2

      I also live in Waterlooville, moved here a couple of years ago. That area in the video will be knocked down and redeveloped, with apartments apparently. The rest of the town centre isn’t much better but the local council are engaging with the local people about how best to change for the better. The problem is it’s not easy, the area changed with a retail park, with large supermarket plus the usual suspects, with free parking and that’s taken people away from the town, shops closed etc. not uncommon in many other towns in the UK

    • @mackieincsouthsea
      @mackieincsouthsea Před 2 měsíci

      Southsea here, commercial road not far off the featured street nowadays and parts of Elm Grove looking really sad. Really hope things improve

    • @BobBob-ju3wk
      @BobBob-ju3wk Před měsícem +3

      A major problem for the local council in Waterlooville and Havant is the lack of engagement from the foreign landlords/land owners. An issue found in many small towns across the UK that can only be fully addressed by central government and policy change, giving local authorities more power and control over high streets and the repurpose and adaption for future generations.

  • @peterscott6818
    @peterscott6818 Před 2 měsíci +12

    What a brilliant analysis. Simple and profound. This is a guy who understands what’s happening. How many politicians could say the same?

  • @bubsybrown8308
    @bubsybrown8308 Před 2 měsíci +305

    India is another good example of what Gary is talking about. We're heading that way.

    • @pondeify
      @pondeify Před 2 měsíci +24

      atleast india is heading in the right direction - we're falling fast.

    • @shahankhan7685
      @shahankhan7685 Před 2 měsíci +9

      Not really middle class is increasing but saved wealth still decreasing

    • @cne1975
      @cne1975 Před 2 měsíci +6

      In more ways than one

    • @S-u-p-a
      @S-u-p-a Před 2 měsíci

      The Indian economy is roaring for the middle classes. An average professional with 10 years experience has a MUCH HIGHER purchasing power parity compared to India.
      How do I know. I am an Indian in the UK and compare my cousin's life standard compared to mine.

    • @paulkeenan2691
      @paulkeenan2691 Před 2 měsíci +15

      India is like the UK from the 1980s liberalising the Financial secture and selling of the state assets-
      Indias continued success is its energy- and hard work mentality-

  • @florian-andreicsolsim652
    @florian-andreicsolsim652 Před 2 měsíci +78

    The problem is not lack of housing. The problem is that as soon as housing is built (sometimes before), it is snapped up by the rich who are cash buyers. If there is not any regulation around who can buy this housing, how can ordinary people have any chance? The deck is stacked against them from the start.

    • @2Question-Everything
      @2Question-Everything Před 2 měsíci +8

      I suggest we limit the amount of residential housing any one person can own in whole or part to two, anywhere in the world until everyone is well housed.
      Now,how do we get the rentiers earning money by producing?

    • @BreezyRider66
      @BreezyRider66 Před 2 měsíci +6

      Quite - and I would add BTL mortgages should never have been allowed in the first place...

    • @tobiastobias2419
      @tobiastobias2419 Před 2 měsíci

      Yes so the silly argument by Tories and neoliberals is :
      You make a block of new houses
      The rich take them all, buys them all
      Which is good, because than “trickle down” will happen
      🤡

    • @TG-ts3xn
      @TG-ts3xn Před 2 měsíci

      Immigration statistics show you are wrong.

    • @baileyharrison1030
      @baileyharrison1030 Před 2 měsíci +12

      @@2Question-EverythingYes and also make it illegal for non-UK residents to buy residential properties.

  • @lesktube
    @lesktube Před 2 měsíci +10

    Gary, you've perfectly described my home city of Toronto and it surrounding burrough cities. Canada, a country of 40+ million people is basically three city centers/regions where 65-70% of the population live.

  • @MrMassivefavour
    @MrMassivefavour Před 2 měsíci +36

    A lot of these holiday destinations where property prices are rising is because the greedy expect to have multi homes. The first thing I'd do would be to tax the hell out of second homes. The revenue to be put directly into council housing

    • @mum5276
      @mum5276 Před 2 měsíci

      I agree!

    • @IanMossManchester
      @IanMossManchester Před 2 měsíci

      I think you have to go further - they've already tried to increase the tax on 2nd homes, and it's not made any difference. There needs to be a certain % for local people - lets say 30-40% otherwise you loose the basic infrastructure of places - see areas like the South Hams / Dartmouth (south of Plymouth). Full of retired Londoners and second homers. There needs to be the taxes, but perhaps the 2nd homes also need to be licensed, like AirBnB is in a lot of areas, and then the numbers of licenses is limited to ensure local facilities stay available, and locals can afford live there still.

    • @MrMassivefavour
      @MrMassivefavour Před 2 měsíci

      @IanMossManchester Yes. Or how about. If you buy a 2nd home, you have to also pay to build an affordable home to replace its loss from the local market

    • @IanMossManchester
      @IanMossManchester Před 2 měsíci

      @@MrMassivefavour I don't think that would work in a lot of the cute places. They're small, and don't have any spare room to build new places. I'd be more in favour of 2nd home licenses - treat them as private airbnbs.

  • @Boris945471
    @Boris945471 Před 2 měsíci +140

    My employer is based in London but during the pandemic went completely remote based with staff working from home or hybrid.
    It meant that i, living in deepest darkest Wiltshire got a very well paying job (at least for my area) without moving to London.
    Remote Working seems to be a great way to reduce the London Bubble and an actual 'leveling up' strategy.
    Annoys me when Jacob Rees-Mogg complains about it...

    • @joinedupjon
      @joinedupjon Před 2 měsíci +5

      I think he's annoying too... but I suppose there's a unfairness when you've got people with office jobs expecting to keep a salary that's had london housing and commuting costs baked in when those people don't actually have to live in london any more.

    • @jjefferyworboys8138
      @jjefferyworboys8138 Před 2 měsíci +28

      I agree, it doesn't suit everybody but for some people it has changed their work life balance and standard of living for the better.

    • @jjefferyworboys8138
      @jjefferyworboys8138 Před 2 měsíci +10

      @@Magpie314 It will suit some people and not others. There are as many positives as negatives.

    • @Fillup82
      @Fillup82 Před 2 měsíci +20

      The internet isn’t bound by geography, so why should wages be?

    • @shambhangal438
      @shambhangal438 Před 2 měsíci +10

      Completely agree. Remote absolutely works for skilled workers (like myself - an IT contractor) who don't benefit from advancement nor need training and whose job description does not require them to be at the site/office to complete it. It doesn't work well at all for those who need supervision, training or are team/customer facing, but it certainly does slow the 'brain drain to the big smoke'.

  • @adamlasry5225
    @adamlasry5225 Před 2 měsíci +122

    I am watching you from Morocco 🇲🇦 a country going through a transition to a modern and developed economy while holding on to the traditional Moroccan exotic way of life. Hope our economists are watching your videos ❤ All the best, Gary.

    • @garthkite
      @garthkite Před 2 měsíci +16

      Learn from our mistakes.

    • @Rob-ik3fd
      @Rob-ik3fd Před 2 měsíci

      Have they rolled this guy out as the new Owen Jones?

    • @garthkite
      @garthkite Před 2 měsíci

      @@Rob-ik3fd No Owen Jones is a full fat moron, this guy as much as it pains me as a capitalism fan might be right.

    • @NosyFella
      @NosyFella Před 2 měsíci +3

      What does "modern" and "developed" mean? Neoliberal reforms?

    • @adamlasry5225
      @adamlasry5225 Před 2 měsíci +2

      @@NosyFella building modern infrastructure such as mot, roads, railways etc. Developed economy means institutions like the ones in Europe.

  • @JohnDerbyshireDigital
    @JohnDerbyshireDigital Před 2 měsíci +20

    It’s brilliant that you can create engaging content that looks at different interesting subjects but still delivers the core message about inequality- this is what socialist politicians should be doing if we had any left!! Keep it up Gary

  • @elainebrown7959
    @elainebrown7959 Před 2 měsíci +5

    You are inspirational Gary!...I hope you achieve what you are aspiring to and we are with you every step of the way...

  • @gilliandarlington3276
    @gilliandarlington3276 Před 2 měsíci +56

    Recommend Wandering Turnip death of the high street. One of my local towns is Bolton - it’s dead in comparison to a few years ago. Shops/buildings being bulldozed to build apartments to become a commuter town for Manchester. Bury on the other hand is thriving with it’s fantastic very busy market, shopping and leisure facilities. Independent traders too. Has tram links to Manchester but seems to be holding its own at the moment without becoming just another suburb of Manchester. How are Freeports and SEZ’s going to impact this only time will tell. UK asset stripped and sold off to big corps 😞

    • @secondtimearound2539
      @secondtimearound2539 Před 2 měsíci

      @gilliandarlington3276 Wandering Turnip is one of my favourite channels, he does a really good job of showing (mostly) general decline in an area whilst having a look-see at the cheapest housing for sale. I live in the north-west too and it's very worrying to see how much has been ruined by lack of investment by central Government, too many corporations owning huge (and left redundant) landbanks, and poor planning. We had a lot of development investment here from EU funding in the past which was great, but now that's gone Government has not replaced it with anything worthwhile if anything at all. Asset-stripping abounds indeed 😥😠

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci +4

      Freeport's and SEZs? [eyebrows raised, then head held in hands] Sounds like a catastrophe in the making

    • @JohnnyinMN
      @JohnnyinMN Před měsícem +2

      I watch that ‘Wandering Turnip’ guy too. He tries to keep a positive attitude.

  • @Metalhead_D
    @Metalhead_D Před 2 měsíci +45

    It's morbidly similar to the effect of Industrialisation in Britain in the c.18th and 19th. Majority of pop'n abandoning the rural / small towns seeking work in the massive cities and hubs of commerce.
    Almost Dickensian

    • @JonotJoe66
      @JonotJoe66 Před 2 měsíci +13

      Along with the dismantling of the welfare state we'll find ourselves back with landed gentry and us serfs, bowing and scraping for scraps 🤬

    • @2Question-Everything
      @2Question-Everything Před 2 měsíci +6

      How is it we don't learn from our mistakes? How come we don't say what we want to outcome to be (quality of life, quality of the environment, food, etc) and build a system that gets us there?

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci

      Liberalism in economics created Dickensian England. NeoLiberalism in economics created Neo-Dickensian England. As simple and obvious as sh!t

    • @samfourness4737
      @samfourness4737 Před 2 měsíci +3

      Ye except there’s no industry or work.

    • @kw8757
      @kw8757 Před 2 měsíci +3

      @@JonotJoe66 So where is the dismantling of the welfare state occurring? It seems to me one half of this country works to keep the other half.

  • @JimmyTheGiant
    @JimmyTheGiant Před 2 měsíci +4

    Great video mate - so sad seeing this happening to our country

  • @secretstacker
    @secretstacker Před 2 měsíci +9

    Great vid... What you describe there is basically the capitol and districts.. In the Hunger Games films

  • @senseisteve3011
    @senseisteve3011 Před 2 měsíci +65

    Talks about his two months in Colombia... Rubs nose instinctively.

  • @54tisfaction
    @54tisfaction Před 2 měsíci +87

    "Poverty is the problem."
    I wish this insight was not constantly and repeatedly forgotten (or perhaps wantingly ignored) by our politicians and economists...

    • @uniteddreamer
      @uniteddreamer Před 2 měsíci +10

      The thing is, our system, and our people, have repeatedly ignored the poverty and hardship it has created in the rest of the world. That's why vicious attacks on immigration of poor people into rich countries is focused on by the powerful. Because it breeds people who will fight for the interests of the wealthiest against even their own, so long as they hold onto a tiny vestige of that relative privilege. This was how slavery and colonialism was empowered by a tiny minority of hugely wealthy people.

    • @secondtimearound2539
      @secondtimearound2539 Před 2 měsíci +2

      @@uniteddreamer 🎯

    • @2Question-Everything
      @2Question-Everything Před 2 měsíci +12

      Let's no forget-poverty is a lack of cash, not a lack of character.

    • @aluisious
      @aluisious Před 2 měsíci

      It's spelled wantonly. You have a spell checker built into the device you're using, use it.

    • @uniteddreamer
      @uniteddreamer Před 2 měsíci

      @@aluisious or wantlessly 😂

  • @williamgee1519
    @williamgee1519 Před 2 měsíci +3

    Keep this up Gary... Super respect for your work and raising awareness

  • @lee4171
    @lee4171 Před 2 měsíci +9

    Bless you, Gary. I fear the worst is yet to come. Too much ignorance from those who think (incorrectly) that they're going to be ok.

  • @00wil77
    @00wil77 Před 2 měsíci +21

    ... went to Jakarta a few years back, absolutely mental the level of disparity of poverty intermingled with mega structures and malls.

    • @00wil77
      @00wil77 Před 2 měsíci +3

      .. what was also interesting and worth noting was how some of the issues of poor housing and lack lustre economy was dealt with in the 60's with the evolution of 'new towns' (think old school version of 15 min city but 50 or so years ago,) like Runcorn New Town and Shopping City, built as a satellite to Liverpool, to help alleviate piss poor quality housing conditions when slums were demolished; similarly, Milton Keynes in attempt to deal with housing 'congestion' from around the same time, both dealing with shortages during an era of post war reconstruction.
      The idea kind of failed, massively, certainly in Runcorn, basically ghettoising those on lower incomes or from traditionally poorer urban areas, as the welfare state shrank, industry diminished and maintenance cost of cheap housing stock increased (think RAAC scandal paired with neo-con politics & Thatcherism,) creating segregated, isolated, crumbling hellholes based on the car/bus as the principal mode of transport and failing to anticipate economic conditions further down the road, in the future. Same goes for a lot of estates around the UK.
      Was also watching some stuff about them yesterday.
      I used to sign on in Shopping City in 2002. It was a shithole then. Can't imagine it has improved too much.

  • @malverncarvell4153
    @malverncarvell4153 Před 2 měsíci +63

    Gary, A couple of weeks ago we drove through Sparkbrook (the Balti Triangle) in Birmingham. The high street was teeming with people and looked to be thriving. My wife commented on how there were virtually no white faces. There were also no large supermarket chains or national brand stores - they were all independent stores and small supermarkets catering for the varied local population (Indian, Asian, African, Carribean). What this means is that a far greater amount of the wealth generated remains within the local community. Whilst it is not an overtly wealthy area it does appear to be capable of sustaining itself as opposed to many of the traditional English towns which are in a spiral of decline as wealth is extracted by the rich.

    • @norelease2
      @norelease2 Před 2 měsíci +22

      This comment had me feeling nervous at first but it turned out ok

    • @mickcorbett6724
      @mickcorbett6724 Před 2 měsíci +19

      I live in Bletchley, it’s town centre gets a lot of stick. All, but a few of the businesses are owned by our ethnic population. Open 24/7, bet most of the owners don’t earn more than the minimum wage. But, their presence is keeping the High Street alive. Good luck to them.

    • @secondtimearound2539
      @secondtimearound2539 Před 2 měsíci +5

      @@mickcorbett6724 Fully agree.

    • @malthus101
      @malthus101 Před 2 měsíci +2

      What's your point?

    • @RBC0405
      @RBC0405 Před 2 měsíci +1

      Where do you think these shop owners go for their stock? Tesco, Asda, Morrisons. And why wasn't it a wealthy area? Hmm...

  • @ianbaker8243
    @ianbaker8243 Před 2 měsíci +10

    Thanks for sharing your thoughts. The economy is never explained well by the media... To keep us in the dark...
    It is great to see your ideas and perspectives.

    • @quixotiq
      @quixotiq Před měsícem

      99% of journos have no training in economics. Most of the misinformation is unintentional.

  • @user-hk8ix3nj4s
    @user-hk8ix3nj4s Před 2 měsíci +22

    Inequality is the elephant in the room! Thank you

    • @jjefferyworboys8138
      @jjefferyworboys8138 Před 2 měsíci +3

      Inequality has existed in every society since the beginning of time.

    • @garyseconomics
      @garyseconomics  Před 2 měsíci +29

      As has violence. Just because something has always existed, that doesn't mean it isn't important to try to control it.

    • @mawkernewek
      @mawkernewek Před 2 měsíci

      That's basically every video on this channel!

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci +4

      Inequality is the elephant that destroyed the room

    • @TG-ts3xn
      @TG-ts3xn Před 2 měsíci +1

      In equality is fundamental to a functioning society.
      We aren’t communist.

  • @danzel1157
    @danzel1157 Před 2 měsíci +18

    Great analysis of our totally avoidable situation. Labour seem to offer nothing better either. I'll be letting my friends know about your channel. Thank you.

  • @carlosmbaziira4137
    @carlosmbaziira4137 Před 2 měsíci +43

    interesting.you should visit Uganda. we are a country with many poor and a few rich people. But what is interesting is that most people own the land and live mortgage free. And given a lack of central govt help, almost all poor people are entrepreneurs. Britainn used to fit that model before it was changed y industrialisation.. But capitalism seems to have the efffect of draining wealth upwards. I dont have much to say except that it is an intersting mootful perspective you have presented🤠👍

    • @desmondroberts6034
      @desmondroberts6034 Před 2 měsíci

      @carlosmbaziira4137 What prevents the land falling into the hands of the rich? Is land ever for sale? Can people be forced to sell to pay debts or taxes?

    • @carlosmbaziira4137
      @carlosmbaziira4137 Před 2 měsíci +1

      @@desmondroberts6034 sadly, we now have many incidents of land grabbing.

    • @desmondroberts6034
      @desmondroberts6034 Před 2 měsíci

      @@carlosmbaziira4137 The rich are always greedy for land but; how is the land taken, by lawful means?

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci +8

      "Capitalism seems to have the effect of draining wealth upwards"

  • @bigdaz7272
    @bigdaz7272 Před 2 měsíci +5

    As always Gary very interesting content.
    Can confirm ALL of the Northern Towns i visit are a mirror of this, empty stores, Charity Shops, Pound Shops, Pawn Brokers, Bookies.

    • @tobiastobias2419
      @tobiastobias2419 Před 2 měsíci

      A book shop owner I know, has trouble with paying his 4000 rent to the landlord
      I don’t understand how this distribution of wealth benefits anyone, beside this one specific landlord.
      But we are not allowed to ask questions, cause this makes you “ a communist” seemingly
      🤡

  • @DTL0VER
    @DTL0VER Před 2 měsíci +3

    Well said Gaz. Fantastic video as ever 👏🏼

  • @robertscott4728
    @robertscott4728 Před 2 měsíci +26

    You cannot build ‘out of town’ retail parks and superstores and not expect small shops and town centres to struggle and shut down. There is a choice to make; either have a vibrant high street or supermarkets/retail parks.

  • @SK-yb7bx
    @SK-yb7bx Před 2 měsíci +8

    Congrats on the book, Gary. I finished listening to the audio version yesterday. Keep fighting the good fight.

  • @ejayAD
    @ejayAD Před 2 měsíci +4

    Love the book Gary, started reading and devoured it in about a week! Keep doing your great work 😊

  • @rof8200
    @rof8200 Před 2 měsíci +3

    Very insightful. Thank you.

  • @nathanielthomas8110
    @nathanielthomas8110 Před 2 měsíci +9

    Brilliant video Gaz!
    Most your videos before this have set the ground for this one. It takes it to the next level.

  • @andrewf7754
    @andrewf7754 Před 2 měsíci +63

    I am a Brit who has lived in Austria for the last 14 years. I forecast back in 2011 after visiting the neighbouring Czechia and Slovakia, that the influx of investment into these former Iron Curtain countries would push the affluence and well being way of the towns I visited above the declining industrial regions of the UK that I know, such as Nuneaton, Rotherham or Renfrew. And indeed that is what has happened. Austria is not immune from the trends that Gary sees, - as family owners reach retirement their shops in my local town are left empty, and the high street in Linz has been very much depleted in recent years with the opening of a massive out of town shopping mall.
    The differences I see in central Europe compared to the UK highlight two underlying trends not expanded on in Gary's comments:-
    The level of industry. In 1980, when Thatcher came to power 30% of the working UK population were employed in Industry, now it is less than 13%. In Austria it is still around 30%, based primarily on SME's distributed around the country. The influx of investment in industry, via Skoda in Czechia, and the likes of Land Rover in Slovakia, have greatly improved the economic situation of ordinary citizens in these countries over the last 15 years.
    The globalisation of brands. The problem of denuded local shopping areas is a global problem that is not just a case of shifting wealth to large cities, it is also shifting wealth in the brands that we consume. In this respect Austria is also fighting a loosing battle, even if it is 20 or 30 years behind Britain. There are still many small firms active in Austria and local recommendations and loyalties still mean something. But in fashion for example, the Gen Z just flock to the big Shopping Mall to buy name brands. In Czechia and Slovakia with the increased affluence of the local population, young start-ups in the town centres show a big revival, but there are also one or two Big Names, such as TESCO or BATA, appearing in the high streets.

    • @hailynewma9122
      @hailynewma9122 Před 2 měsíci +3

      I walked tru the 21st district in Vienna yesterday and a lot of shops are closed. And thrash shops like Action open up all over Vienna. Not a good sign

    • @stuartlawler2411
      @stuartlawler2411 Před 2 měsíci +1

      I live in paisley which borders Renfrew...it is a thriving town that is expanding and doin really well on account of tge fact that it border(itd basicly in the centre) of the big city Glasgow...its becoming upmarket. A terrible examole to use. Literaly has turned into a rich town.

    • @andrewf7754
      @andrewf7754 Před 2 měsíci +1

      @@hailynewma9122 The shift in wealth is effecting virtually everywhere.

    • @andrewf7754
      @andrewf7754 Před 2 měsíci

      @@stuartlawler2411 I think the massive differences between parts of the Glasgow conurbation is what struck us when we visited in 2022. Renfrew is not at all bad compared to many town centres but the impact of inequality is palpable.

    • @faigelable
      @faigelable Před 2 měsíci +1

      @andrewf7754 Do you think it's better in Graz?

  • @algfourty9185
    @algfourty9185 Před 2 měsíci +3

    Excellent take, Gary. Spot on!

  • @francishandscomb8108
    @francishandscomb8108 Před 2 měsíci +1

    Mate just came across your channel randomly but I love your work the way explain things is put forward simply and easy to understand 10 out of 10

  • @palmeraj70
    @palmeraj70 Před 2 měsíci +19

    Another top video Gary! Slightly different to most subjects that have been raised, but it just goes to show, how pervasive inequality is throughout society.

  • @AntonioPerez-be7dq
    @AntonioPerez-be7dq Před 2 měsíci +14

    Love Gary, love his content, love him even more after seeing the studio ghibli hoodie, keep it up 🙏🏻

  • @Gph0367
    @Gph0367 Před 2 měsíci +4

    You're amazing Gary. Keep up the amazing work ❤

  • @njr1222
    @njr1222 Před 2 měsíci +14

    This is what happens when the cabinets and leaders of countries are very wealthy themselves so prioritising the needs of the poor and middle classes diminishes.
    Dev Patel’s new film, Monkey Man, touches on how the rich simply see everyone else as animals to be subjugated. It’s down on my watch list.
    Great pieces to cam Gary x

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci +3

      93% tomatoes. I will watch this. The trailer was great until the marketing department said, "Let's get Jay-Z to rap sh!t over this!" Goddamned capitalist dogs

  • @louiserichmondUK
    @louiserichmondUK Před 2 měsíci +7

    Thank you Gary for sharing your knowledge and thinking with us. I really appreciate everything you are doing.

  • @Vladimir-hd5nn
    @Vladimir-hd5nn Před 2 měsíci +27

    Nice one Gary!

  • @jairoajaramillo6239
    @jairoajaramillo6239 Před 3 dny +1

    Big up Colombia!! Orgulloso que nos visitaste Gary, siga con tu mensaje y educando nos

  • @gavelkynde4837
    @gavelkynde4837 Před 2 měsíci +1

    Always interesting! Thanks Gary.

  • @user-mh6ig2oc5j
    @user-mh6ig2oc5j Před 2 měsíci +4

    Many thanks, Gary. Happy Easter!

  • @maggygwire
    @maggygwire Před 2 měsíci +49

    Very sad to see this over the years. I live in Cornwall and have my own business which means most of my work is Bristol, London, Birmingham way. I see a lot of small towns slowly disappearing on my travels. Great channel 👍

    • @britnatzaredemocracydenier5922
      @britnatzaredemocracydenier5922 Před 2 měsíci +8

      Thank God I live in Scotland and not in collapsing england

    • @terrorbilly1
      @terrorbilly1 Před 2 měsíci +8

      ​@britnatzaredemocracydenier5922 oh yeah, Scotland is great.
      Btw how is that drug epidemic up north? Still going strong?

    • @billB101
      @billB101 Před 2 měsíci +1

      @@britnatzaredemocracydenier5922 Scotland has a lot of the same issues.

    • @robaudi20v
      @robaudi20v Před 2 měsíci +1

      ​@@britnatzaredemocracydenier5922what law comes into action tomorrow in Scotland? Please tell us 😂😂😂😂😂

    • @britnatzaredemocracydenier5922
      @britnatzaredemocracydenier5922 Před 2 měsíci

      @@robaudi20v The one england has and is now stopping protest in England silly...I'm sorry you can't be a hate filled racist anymore 😂

  • @DB-om5nv
    @DB-om5nv Před 2 měsíci +3

    Absolutely love your brutally honest and decent podcasts. So enlightening!

  • @lynnhickinbotham3784
    @lynnhickinbotham3784 Před 2 měsíci +6

    Great book Gary keep exposing the truth , thank you so much

  • @markg6953
    @markg6953 Před 2 měsíci +31

    Gary is a legend.A rich person with a conscience ,a unicorn ! Well done sir !

    • @jjefferyworboys8138
      @jjefferyworboys8138 Před 2 měsíci +4

      Why would a rich person ( however you choose define it ) not have a conscious ?

    • @ad2040
      @ad2040 Před 2 měsíci +7

      @@jjefferyworboys8138 Because of greed.

    • @ange1098
      @ange1098 Před 2 měsíci +2

      @@jjefferyworboys8138if you think a billionaire has a conscience then you’re misguided.

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci

      @@jjefferyworboys8138 The first casualty of inbreeding is conscience

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci +1

      He's NOT a rich person. He's a poor person with money

  • @GlennLeinster
    @GlennLeinster Před 2 měsíci +6

    Great video Gary;-) thanks for what you do

  • @bigblueocean
    @bigblueocean Před 2 měsíci +5

    Just referring to the opening clip. It's important that we don't discount the effect the Internet has had on the high street and on shopping in general

  • @charliefowkes1932
    @charliefowkes1932 Před 2 měsíci +2

    Thanks Gary, really appreciate your work and I enjoyed the book

  • @patcampton7163
    @patcampton7163 Před 2 měsíci +9

    Like the spirited away hoodie. Interesting piece, as usual. Thanks Gary.

  • @alistairrobinson3865
    @alistairrobinson3865 Před 2 měsíci +8

    Such a fascinating analysis Gary, the direction of travel is clear sadly. Love the videos, thanks for all your work 🙏

  • @berniebne8243
    @berniebne8243 Před 2 měsíci +5

    Gary, I luv your channel. I got up at 5am and went to work at the P.O just like your Dad. Only I moved from a rural farm in Yorkshire to be a postman in Brisbane. 50-60 years ago farms in my valley & surrounding valleys supported 2 or 3 families. That meant that each village had a garage, coop, newsagents, etc. Now those farms have been mechanized, combined & no longer need the labour. As a consequence, all those village shops have closed down. The houses belong to wealthy retirees or people whose income allows them to commute to the cities. OK, there's more to it than that. I once read an article written in the 1930's, that said our village is doing ok we still have a blacksmith. So everything you describe has been going on for quite some time. I hope it gets reversed. It seems to me that the globalization of manufacturing has exasperated all this.

  • @HemalVarambhia
    @HemalVarambhia Před 2 měsíci +3

    You have my support, Gary.

  • @gsygsy
    @gsygsy Před 2 měsíci +8

    Crystal clear. Thank you.

  • @Raylufc
    @Raylufc Před 2 měsíci +26

    I've shared this on X very important I formation

    • @tobiastobias2419
      @tobiastobias2419 Před 2 měsíci

      Everyone in the comments, should share this one with everyone they know

  • @screamingchimp7377
    @screamingchimp7377 Před 2 měsíci +4

    Your “no face” top is quite apt with regards to us not having a voice any longer. Loving the content dude. 🙌

  • @dannyhayes7631
    @dannyhayes7631 Před 2 měsíci +2

    What a brilliant video!

  • @lesleyrobertson5465
    @lesleyrobertson5465 Před 2 měsíci +17

    I work in NHS and it’s dire since 2010

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci +1

      I've been using the NHS and it's dire since 2010. It's like the worst of private health care

    • @pablodelnorte9746
      @pablodelnorte9746 Před 2 měsíci +2

      Badly managed, dominated by the unions, over generous sick pay, excessive spending on and activity focused on diversity, equity & inclusion. It needs radical reform. The Tories daren't do it and Labour won't do all of what is needed either.

    • @lesleyrobertson5465
      @lesleyrobertson5465 Před 2 měsíci +1

      @@WarrenPeaceOG have you ever been private. The cost of every single thing used is documented. I couldn’t work in USA as a nurse being unable to treat someone cos they couldn’t pay for it

    • @TG-ts3xn
      @TG-ts3xn Před 2 měsíci

      I think NHS should be disbanded.
      Not fit for purpose

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci

      @@lesleyrobertson5465 Worst health experience of my life. It seemed I had a 'non-standard' body which was cutting into profits. I was single-handedly destroying her bonus. She was annoyed. I was in a quiet rage. Especially coming on the heels of a new Spanish nurse in the village who was so compassionate and caring she seemed to be some kind of Christ-like figure. Light seemed to emanate from all around her, like being in her presence was enough to cure you.😍Wife had same experience.
      The tragedy of private healthcare is that states have a super-ability to spread risk, and finance long term projects and we refuse to use either power. There is nothing as idiotic, inefficient and expensive as private health care. It introduces perverse incentives, conflicts of interest, undermines trust, quadruples the price of everything. It involves the creation of a whole new bureaucracy to act as gatekeepers PREVENTING people from getting care.... 🤯I'm sure one day I'll die from refusing private treatment on principle

  • @richardstreet7518
    @richardstreet7518 Před 2 měsíci +13

    Thanks for the wake up call.

    • @norman7527
      @norman7527 Před 2 měsíci +4

      'Wake up call' where have you been living for the past 20 years?

  • @miltonthegreat6520
    @miltonthegreat6520 Před 2 měsíci +9

    Great videos. I think your content has now and forever changed how I look at economics and wealth inequality. We need government involvement, tax the wealthy, a proper safety net to ease wealth distribution, and solutions to tackle climate change. I am student now, teach and speak.

  • @lonevoice
    @lonevoice Před 2 měsíci +7

    I agree and also believe that a wealth tax is probably the only solution. In the UK we currently have dire and worsening public services, a growing and economically damaging wealth inequality, a pitiful level of investment and reducing productivity and GDP per capita etc etc.

    • @heikevau9238
      @heikevau9238 Před 2 měsíci

      Why would stealing money from people who are better off than you be a 'solution'? Not only a solution, but the ONLY solution?? How about we hold the government to account of their utterly horrendous waste of taxes on an inefficient NHS, developing aid for countries that have space programmes, five-star accommodation for channel migrants and all the other criminal wastes of our hard earned cash? Wealth taxes just means more money gets wasted on stupid sh*t.

  • @zoombapup
    @zoombapup Před 2 měsíci +8

    Really interesting observation and very timely for me is that I've been reading up on medieval enclosure (trying to understand how britain looks the way it does for a project) and it turns out that this kind of migration from the country to centers happened during enclosure when landowners dispossessed the commoners from the common land and took it for themselves to raise sheep on. So it seems like we're coming close to that shape of inequality again. Basically going back to medieval times!

    • @WarrenPeaceOG
      @WarrenPeaceOG Před 2 měsíci +1

      Very insightful. I moved here from North America. UK is just medieval times. Inbreeding, eugenics and wage slavery are the order of the day

  • @fergusonbarry
    @fergusonbarry Před 2 měsíci +4

    Gary, I follow your channel, and have watched all your videos, bought your book, and often share your videos and interviews on my socials. You are on a very important crusade here, which is great. I'd like to ask you to start priming the people watching you, as to what they can (must) do in order to build the movement to actually tackle inequality, taxing the rich. 😀 Keep up the good work sir 👏

  • @rockweaver
    @rockweaver Před 2 měsíci +3

    You are so good & so clear as an educator Gary 🙏🙌✊🏻📣📣📣

  • @johnfarley4201
    @johnfarley4201 Před 2 měsíci +9

    GOD BLESS YOU GARY

  • @sprogella
    @sprogella Před 2 měsíci +8

    Thank you, Gary, for another great insight. Thank God we have you to help open the eyes of ordinary people like me. I am a passionate supporter of your message and spread it as far and wide as I can. I'm 62, working class East London/Essex born and life does not look anything like I thought it would at my age. Keep fighting. This message needs to hit home and hard. You are one in a billion, Gary. ❤️

  • @Pilki01
    @Pilki01 Před 2 měsíci +4

    Gary, I am loving your work. Its scary but knowledge is power. Im about halfway through The Trading Game and I have not stopped telling people to read it and check out your work. I had the very strange experience of going through Canary Wharf last week while reading the book, and it felt surreal. Made everything feel so much more real
    Keep up the good work x

  • @jamieayton8969
    @jamieayton8969 Před 2 měsíci +2

    I came across one of your videos the other day hadn't really looked at economics or finance but since sitting and watching you we need you in government I'd vote for you in a heart beat

  • @BG.Dumitrescu
    @BG.Dumitrescu Před měsícem

    This phenomenon was a good observation for me for a long time but I did not know how to explain it to other people. Thanks for this video

  • @robertengland-nl8tp
    @robertengland-nl8tp Před 2 měsíci +5

    Enjoyed reading about your past life Gary you stepped up to the plate gave up your anonymity for what you believe in you done good don't beat yourself up too much bro good luck with it

  • @TangerineHorizons
    @TangerineHorizons Před 2 měsíci +4

    Glad you mentioned Glasgow. The deterioration in the last decade is startling. I wasn’t sure anyone outside the city noticed! There are huge problems with litter, boarded shops and people in the streets shouting.

    • @TangerineHorizons
      @TangerineHorizons Před 2 měsíci

      Put simply - the problems are massively complex, unfortunately this includes the attitudes of the people as living in any environment one adapts and it becomes normal. I’m currently in Vienna which couldn’t be more of a contrast.

  • @johnburrows3385
    @johnburrows3385 Před 2 měsíci +2

    Loving your book Gary.

  • @loftythesoftie8857
    @loftythesoftie8857 Před měsícem

    Thanks for that mate. Never thought of it but that’s obviously spot on 👍

  • @metalelf7
    @metalelf7 Před 2 měsíci +8

    People used to come first, now it's big business. We didn't lose our spirit.

    • @jjefferyworboys8138
      @jjefferyworboys8138 Před 2 měsíci +2

      Most people are employed by big businesses, perhaps because it's the easier and safer alternative to doing something for yourself ?

    • @metalelf7
      @metalelf7 Před 2 měsíci

      @@jjefferyworboys8138 the risk of losing everything to dip your toe into a dream is too risky when you have kids and rent.

    • @2Question-Everything
      @2Question-Everything Před 2 měsíci +1

      @@jjefferyworboys8138 big business (in the us) used to pay living wages-ie, you could buy a home, have defined pension plans, and we had more union participation.

  • @corvus1238
    @corvus1238 Před 2 měsíci +4

    Thanks Gary.

  • @johnjackson7162
    @johnjackson7162 Před měsícem +1

    This is really fascinating stuff!

  • @CarlosdeFrance
    @CarlosdeFrance Před 2 měsíci +7

    Brillant ! It is obvious once you understand it! The slums!

  • @hjyryui
    @hjyryui Před 2 měsíci +5

    very interesting observation

  • @GazGaryGazza
    @GazGaryGazza Před 2 měsíci +7

    The small town where I grew up now just consists of fast food, betting and charity shops, that’s it for many local towns and very little else apart from two huge Tescos a mile to the east and west who are clearly responsible for driving out the small businesses

  • @SeanUK71
    @SeanUK71 Před 2 měsíci +29

    High streets have been dying for over 30 years. High business rates, parking fees and explosion of online shopping makes the high street unaffordable for businesses and consumers alike.
    If councils want to reverse this they need to invest, attract businesses by abolishing business rates and ban parking fees. Make their high streets attractive place for people to visit. Also increase business rates for retail parks to encourage the move back. Councils need to have pride in their high street (which most don’t)
    Top videos Gary 👍

    • @RBC0405
      @RBC0405 Před 2 měsíci +4

      Clean Air Zone fees have put the final nail in the coffin. Couple that with, if I do pay £8 to venture into town, I have to pay upwards of £5 an hour for parking, and if I wander into a bus lane by accident, bam! £40-80 fine. Then I have to fo shopping. Before I'm at the checkout I'm potentially £50-£100 down. And High St shops are all the usual suspects (Greg's, Turkish Barbers, Maccies, Bookies, charity shops..) sod that.

    • @andykostynowicz
      @andykostynowicz Před 2 měsíci +2

      Councils are stuck in the middle of a political rock and hard place. On one hand they have duties specified by the government, and on the other hand they are expected to raise much of the funds to carry out those duties from the population. Government often caps rate rises, so they look good other ways to raise money. Businesses and cars are the obvious option.

    • @CuriousCrow-mp4cx
      @CuriousCrow-mp4cx Před 2 měsíci

      Read the New Yorker magazine article "What has 14 years of Conservative Rule done to Britain? It's 10,000 words of truth bombs, including a section on local authority funding from Central Government, which has fallen by 45 percent since the Conservatives came into power, even though the national debt rose from 56%, to over 100%, and now is at 97% of GDP. Councils are going bankrupt in the United Kingdom, as their local populations get poorer. So, even to fund what little there is left to their functions, they have had to put in above inflation increases in council tax and business rates, even while their populations get poorer and/or leave to find better work. So reversing clean air policies won't cut it, cutting business rates, won't cut it, and all your other solutions are now untenable. And the process began that bought back the slums to Britain started 40 years ago. We have to become serious about the problem, because it might already be too late.

    • @mqb5151
      @mqb5151 Před 2 měsíci

      ​@@RBC0405 Even communist China Russia is more easy going

    • @ThatGuyThanus
      @ThatGuyThanus Před 2 měsíci

      @@andykostynowicz However, local authorities are financially crippled by central government, to the point that local authorities are ‘going bankrupt’..

  • @transcendingaverage4631
    @transcendingaverage4631 Před měsícem

    You have said something here that’s is very enlightening! Thank you