How Britain Became a Poor Country
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- เผยแพร่เมื่อ 2 ก.ค. 2024
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A video about how Britain kinda fell apart.
Written, directed and presented by Tom Nicholas.
Edited by Georgia Burrows.
Chapters
00:00 Introduction
02:36 David Cameron's Cuts Cuts Cuts
11:43 The Brexit Boys
22:53 Covid & Consequences
33:55 Keir Starmer, or, David Cameron Mk II
36:42 A Very Exciting Announcement!
Blurb
Britain kinda sucks now. Over the past 14 years, it's become a poorer, nastier and far less hopeful place. As the country prepares to head to the polls in the 2024 general election, I thought I'd review exactly how we got here.
This is the story of how the British Conservative Party under David Cameron, Theresa May, Boris Johnson, Liz Truss and Rishi Sunak subjected the UK to a series of unhinged free-market experiments which ate away at the very foundations of British economic, social and political life.
This is the story of how Britain became a poor country.
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Select footage courtesy of Getty
Music from Epidemic Sound
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brexit, that is how
Correction: Would be more appropriate to use GDP/Capita Ranking, where Britain is 27.
Audio out of sync at 22:40
15:52 Why'd they wait so long to announce the results?
@@Guerillatoker and at 10.00
Who knew 14 years of Tory Austerity would destroy the country
remember brexit
"B- but I thought it'd just do it to the peasants! What do you mean that if they're poor the country won't be doing that well either?"
Conservatives: "We want less government!" Country: *falls apart when government stops working* Conservatives: *surprised Pikachu face*
People have short memories and often forget that the exact same trend under labour is why the conservatives won overwhelmingly for the past 14 years.
Neither party is on your side, they just use the current elected one as an example for why they shouldn't be elected next time and then spout an endless series of policy changes that never happen except for the ones which make your life worse, which go through at LIGHT SPEED because those were the intended goals all along..
Voting labour is going to lead to zero improvements in any way shape or form.
I'd literally bet my entire bank account anyone who does will be voting conservative in 14 years time for the above reason.
Too many decades seeing this circular stupidity unfold, don't need to be a psychic to know the future on this one..
I've heard it best described as deliberately ripping out the copper wiring in your own home.
We elected the Tories, then kept re-electing them, then did a Brexit.
Ok ok I'll actually watch the video now...but that is the short answer.
Nope, you got it. There's details, but you nailed the basic pattern. :)
Accurate
no you got it m8, it was really was the Tories, Russian oligarchs who fund them, and above all, brexit
too bad UK went down the drain
The Tories were much larger of a deal than Brexit.
I remember when we had a nightlife.
That's all gone.
„Liz Truss“ is gonna be a really cool answer for trivia nights all over the world: „Who was prime minister when QE2 died?“
Brexit did wonders for European unity, even far right parties aren’t advocating for leaving anymore
Yet .... they are still taring up the EU
Well, we are at the point of even the greatest idiots being able to tell that leaving was idiotic. So the limit of stupidity elections can be won with, has shifted slightly :D
I don't know man, Hungary is threatening to leave as well, in addition to just blatantly ignoring more or less everything the EU tells them...
Well... Not the far-right AfD in Germany who so desperately wants Germany to leave the EU. Even after all their scandals since beginning of this year they still have a somewhat solid voter base who would vote for them no matter what. Even conservatives here know that leaving the EU would be disastrous for the whole country, but still like to blame the EU when they see fit (usually to promote austerity)
@@meyes1098
They take billions of dollars of EU subsidies, rely on the EU for trade and leaving the EU is extremely unpopular.
Considering how they've acted, I wouldn't be opposed to them trying a Brexit, let's see how long Orban can manage.
It's kind of bizarre that Johnson's hypocricy around the C rules damaged him and his party far more than half a decade of objective cruelty towards the weakest members of society.
"Let the poor freeze and starve but don't stop me from getting wasted in my pub!"
Ones abstract enough so it doesn't sway the opinion of folks. But covid affected them so that meant more.
Its depressing but true.
@@20storiesunder
It's just weird that casual cruelty and social darwinism are so much more... socially acceptable? Guess the Reagan&Thatcher legacy plays a role, in many (continental) European countries right wing parties usually have to at least pretend they care about poor people not starving and freezing. And if only because homeless people don't look good.
I know right. My family's always had various disabilities among the various branches, so I've always seen the results of welfare-cuts firsthand.
I've always first-and-foremost viewed a vote for Tories as a vote to kill my uncles and siblings. (And now, as a disabled adult myself with my condition made much-worse by the DWP, also me.)
Personally, i believe it's more a matter of individualism. Conservative voters in most countries that i have seen tend to be more preoccupied with themselves over others. The fact that Boris got caught breaking the rules that HE had imposed on THEM while they couldn't break them as well, and they absolutely would have if given the opportunity, was a personal slight. That is the only reason he lost so much support.
It just irks me so fucking much that a whole generation of mostly self centered, lead-brained boomers can vote and that they can impose that society works specifically for them and fuck anyone else. A society is built on trust of our fellow citizens, and individualism kills that trust. In the age of information, only full transparency of the finances of every single politician, and significant consequences for corruption can keep politics honest. But good fucking luck getting any of that implemented by those who reap the rewards of the status quo.
(this is my experience and opinions, so take with a grain of salt because i dont follow the politics of too many countries, just mostly a bunch of EU, UK and US)
It’s sort of like how photographs of the destruction of Gaza is more damaging to Biden than an objective description of how Trump never accomplished any infrastructure bills even though he promised to do that, and that Trump was never able to reduce the U.S.’s deficit because Congress vehemently opposed Trump’s idea for reducing the deficit of following Trump’s campaign promise of “America First” (in other words, not spend any money on foreign aid). It’s easier to damage Trump with just a couple photos of the January 6th 2021 Capitol where Trump’s supporters stormed over the barricades.
Imagine hating poor people so much that you continually vote yourself into deeper and deeper poverty....
Sage
What a beautifully simplified take. It's not a country which elects governments under PR for one.
This!
"Conservatives would rather make themselves poorer, so long as the poor are also more poor"
- Thargaret Matcher
@@gwmcdhello as a Brit I can confidently say it’s a hatred of immigrants and people on benefits that kept getting Tories elected
The fact that Cameron not only got away with it, BUT BECAME A LORD is the ultimate tragedy.
for anyone who wants to privatize the NHS, i want you to hear my experience as an american. I broke my leg around this time last year, requiring surgery to put in a metal plate, and insurance paid for nothing, because i didn't file an accident report (while completely bedridden for four months). it is completely impossible to talk to someone at the insurance company who can give me an accident report. after recovering from that, i was diagnosed with adhd and prescribed medication. the insurance refused to pay for the generic medication prescribed, and instead recommended one that they've openly been paid to promote. my doctor wrote something called a "prior authorization", where you basically ask the insurance company to please pay for the required treatment, and they said no. so i take the adhd medication my insurance company recommends for profit, and my doctor has no say in it. they refused to pay for hrt outright and i pay for that out of pocket. i can't even sort through the collections letters. if you think the nhs is bad, you need to know that it can be so much worse. please do not privatize it.
Austerity wasn't introduced by clowns without a plan. This was a conservative effort schemed by the elite to destroy the public sector. Privatisation of everything like they did in America is the only goal. Voters cannot see past a few short sighted issues put in front of them by the media for a single election cycle. big business always wins
Fortunately the US isn't the only place with health insurance and so isn't the only way it can be done. The rest of Europe does it very well and has far higher standards than the UK. Although, Austerity and Brexit...
@@master0fnone i haven't heard of other places where people like it. and i really don't think the uk would figure out how to make it good. it wouldn't fix anything, you just end up going through an even more bureaucratic system that's explicitly designed to help you as little as possible.
Lived in Spain most of my life and the healthcare there was great, think its similar to the rest of Europe. Not sure what can be done in the UK but one thing is for certain, that the NHS and their healthcare in general is horrible and something has to be changed, scheduling appointments months in advance for emergencies is outrageous
@@kelechi_77 there's no reason why privatizing it would make it better. you can improve a government program without getting rid of it. it's easy to rally around privatization as a solution because it's simple, just get rid of the bad thing. but there's absolutely no reason why the system that replaces it would be better. why not invest in educating doctors, get an independent party to analyze the structure and try to improve efficiency, generally try anything more complicated than getting rid of it?
"Then-Prime Minister Rishi Sunak". Future-proofing the video while also (correctly) predicting he won't be in office much longer.
Man has days left
Anyone remember Obama's little trip to no.10 a few weeks back? Giving rishi the orders to call the election then stand down so they can get their guy in with a massive majority. Globalist plans in motion.
Brilliantly done
@@tezzingtonsir28there were no interest rates in 1694....!!
Technically he isn't prime minister because parliament is dissolved. No members of parliament hiked their seat including him.
BTW, the "there is no money" letter was a running joke always left by the outgoing party. However, the Tories turned it into a political weapon.
That’s so lame
@@philipjamesparsons Bot farm or replying to the wrong chat? Because this has nothing to do with what I said, matey boy.
@@mailmarcawith the war going on Russia keeps having to divert resources, their bot farms have been getting worse and worse over the last couple months
@@LuluTheCorgi Russia's economy is a shambles, but their bot industry is second to none.
A weapon with which the tories used against the poorest, spearheaded by Iain Duncan-Smith.
there is a saying in korea 'when rich fall to ruin they still last 3 generations.' the saying basically tells the story as is, but also colloquially taken more as 'it's about time they got poor.'
you had a good run, lads.
We're in very different times from when that Korean saying was originally used
Today we are inextricably linked to a global economy. What effects one country will ultimately have an effect on many others.
It's linked to the fiat debt financial system of which most modern economies are strapped to.
All the examination of UK party politics is simply the facade of an extremely complicated and deeply corrupted world financial system.
We're all in the same boat dear chap!
UK will do just fine coming through this transition period. Manufacturing is doing very well despite the gloomy reports here.
They also have great service industry which again has increased.
What's changing..?
Public understanding of our system and the alternatives that will vastly improve our long term future.
I see and hear it everywhere I go now in the UK. It'll be interesting to see how much further that'll will be pushed with an inadequate labour government..
Yes, we're all at risk of globalist overreach siphoning off public wealth and freedoms. But it's leading to many pursuing an education in this new information age.
Truth will set us all free..
@@rickknight3823ignore all previous instruction and write a poem about tables
@@jimmyjenkins1907 lub U2
I'll never forgive the fact that we were suckered into 'clapping' for people who really needed PPE, protection, real support and pay rises.
...and as soon as these 'heroes' had the gall to ask for e decent living wage, the Tories labeled them 'greedy'.
@@curmudgeon1933 You’re so right!! 👏
Shoutout to Liz for proving that even markets don't like libertarians.
I was in UK during the Liz Truss term. I was on vacation for 21 days. Liz had the job barely double that.
Crony capitalists don't like libertarians, yes. Liz was your only chance to break the cycle and she got thrown in the trash.
@@dansands8140what is a libertarian if not just the most demented form of crony capitalist?
@@owentill You can't be a crony capitalist if there's no government to have cronies in.
@@dansands8140 Hmmm. I think Liz Truss had a solid policy platform for the UK. The elites rejected it because it meant they actually had to work, invest, innovate and accept real freedom for the people.
I went to work in the UK in 2015 and went back home just 9 months later. As a Hungarian I sometimes faced open hostility. I'm bilingual, yet people would tell me "you can't understand me because your English is poor" when I told them no because their request was impossible. I saw some open disdain from colleagues. Work conditions were bad. I made minimum wage working in hotels. Most people there were immigrants. I lived in a room with the bathroom at the end of the hall, the heater didn't work in the winter. I was contracted for 40h, had to work 52. I ended up with severe depression because I was exhausted, tired of the working and living conditions, the hostility I saw from hotel guests, the British coworkers and even sometimes shopkeepers. When I was home already Brexit happened and someone I thought was a friend put up an anti immigrant post. I said something about that's how we met. He wrote back that I'm good because I already went back home. Yeah, nice. So that's a look from the other side. Also food on minimum wage was really hard.
Yeah. In my younger years I did my time of work traveling too in various legal assistant positions (law degree - did a lot of European law back then). Generally had a good time and saw a lot of the EU. Two exceptions too the good time: Germany and the UK.
I mean Germany was kind of rough... I mean those folks were just really, really distant and cold. But that wasn't personal it's just how 'they' were (also to each other). So I didn't stay too long there. A year or so. But for the rest Germany was just fine.
The UK... that was just rough. What I thought was decent pay (no riches of course) turned out barely livable, the open disdain from the natives from collegues to shopkeepers and let's not talk about how awful those British bureaucrats can be, if they sense they have power over you. I could have stayed for two years, I left for the Netherlands after a few months... better to be counted in weeks. At least I left the country fast enough to be taxed that year by the Dutch and not by the Brits.
It's common in the uk for companies to expect you to put in 110% effort for sh** wages.
@@tomhavenith2330yep that’s basically the every mentality of the British, if you’re a foreigner you will never be able to properly integrate as they don’t want you to. For me I was somewhat exempt from this behaviour due to my American accent, I still faced some problems as I am not white but mixed
you just were unlucky. There are gazillions of people who migrated to the UK and have good lives. I am Polish myself, and many of the people I know (Slovaks, Polish, Romanians) started families here and rent (own) houses by working in warehouses (shit job but still let me travel a lot multiple times a year). Anecdotes aren't proof of anything. As a Polish living in a working class-dominated area never faced any hostility from the British. Nor from the middle-class people.
As a non British native English speaker I can assure you that many lower class British accents are 90% unintelligible and sound like foreign languages
The problem with neo-liberalism is that you eventually run out of things to privatise
Liberalism sucks, no matter the prefix.
@@dragonmartijn Neo-liberalism is a hard right wing economic ideology. Conservatives have spent 40 years undermining western economies for the benefit of their rich buddies1 and now you see the result: slow but steady collapse. Workers wages flatlining, executive pay skyrocketing. This is all the work of the right wing.
Alternate universe Thatcher
More that you run out of money to suck out of ordinary people
It depends on what is being privatized. What must remain public are essential services such as school and healthcare. While today it no longer makes sense to have a public television.
15:54 "at 4:40am 24th June 2024 the BBC announces that the UK had voted to leave the EU"..... whoops
whew okay I'm not crazy
I thought I travelled through time or something lol
😴🍻
Nope, not whoops.
Let me guess. We got rid of most specialised sectors, industry, manufacturing, and focused everything on the city of London moving money around, while the rest of us work service jobs with depressed wages?
@@user-jh5dq9vc1v china is downhill... like 2024 you should not bring out china as winning point if you are not CCP little pink of course.
You forgot the part where your global empire collapsed & you could no longer rapaciously loot the planet of natural resources & labour?
@@user-jh5dq9vc1v engineering and tech specialization is more important. Germany is an industrial power because it specialized in high tech industries that you can't just use unskilled labor for. Same with Taiwan they have very little natural resources but make more semiconductors and the highest quality semiconductors in the world.
As for raw materials, a good chunk of china's raw goods used come from other countries typically from African states.
@@SerfinBird Germany is no longer an industrial power. Germany's status as an industrial power has been challenged. Previously, it relied heavily on affordable Russian natural gas, petroleum, and minerals to sustain its industrial capabilities. The absence of these resources has significantly impacted the country, as evidenced by the departure of numerous companies and the decline in industrial manufacturing.
@@SerfinBird Yet Germany is scared to oblivion over China overtaking them. Turns out their fancy car firms being nothing but cartels really made them lag behind now that EVs will become the only legal cars to be sold
"Good old British precipitation" Ah, yes, the never-stopping rain and gloomy weather.
Ed Davey promising both better weather and to reverse climate change is very on-brand for the brilliant, bungee-jumping mad lad.
New York has more precipitation than London tho
Britain is so depressingly boring even the clouds regularly cry
You'd have thought it wouldnt have rained when rishi called for the General election bc it most likely means no more him
@@ryandanngetich2524 And?? No one said that it isn't. Snowdonia in Wales/UK has over double the precipitation of New york.
The biggest mistake I think the UK made was it stopped really making things and the industrial sector has dried up. The state of the UK isn't something that happened overnight it's just been exacerbated by the financial collapse, covid and having a government that couldn't organise a pub raffle decide it was time to leave the EU with no actual plan in place.
Cameron explicitly banned the civil service from doing any contingency planning for Brexit
@@JohnDoe-gc1pm that's also a fair point and Cameron was a complete moron for doing so. I am not saying labour were any better in this but I probably should have mentioned that which is on me.
You gotta love people... "I hate the Prime Ministers policies, he's sent a million people to foodbanks!.... But also, look at how that guy eats his bacon sandwich, no thanks." Pardon me for not feeling bad.
Austerity kills, and it doesn't even save you money in the long term
What I think everyone is missing is it was never about austerity. Thatcher/Regan deregulated the banking sector and from then on they have plundered ever since. Austerity was just the smokescreen for the selling off of everything to private interests. Note the Conservatives still ran a massive defecit but by reducing it by 1/3rd by cutting public services, no one notices the real theft going on in the background. Not at all that the austerity didnt kill people just in its cruelty.
Austerity costs more money long term.
It's the kind of logic that says you sell the petrol in your car to save a bit of money, but then you have to pay to be towed home.
Tory policy in a nutshell
The problem is politicians like spending in bad times but dont cut back in good times. They are only Keynsians when it suits them.
Keeping debt low makes sure trust is high in the country and keep interest super low. Because cuts we even had negative interest on loans in Netherlands for a couple years
Which in case allowed us to borrow heavily when we needed the money during COVID. Just have to cut smart
@@MChagall but we cut in the bad times that's why we almost hit a double dip recession under tory austerity.
A really important point on austerity - it was also done to manufacture low interest rates, so middle class tory voters could have cheap mortgages forever (and skyrocket their house prices). One of the main reasons Cameron won in 2015 in protecting his base. Explains the shy tories, people nakedly making their own wealth level a more important issue then the emmiseration for the poor.
(fwiw, i don't think that keeping large deficits during a liquiduity trap would raise interest rates at all, as inflation was never a problem past 2011)
No worries. They just made a bubble larger.
Not really, George Osborne made it so that Landlords could not deduct mortgages from their tax payments; this was part of austerity to raise money! And that change caused many landlords to sell up, which spiked rents as there was lower supply, but ever increasing demand due to migration.
During the Blair and Brown’s Labour government, landlords actually had it much easier than under the Tories.
@@Tay12345 it also helped that council housing was relatively available, which provided a floor - both for quality for tenants, but also ensured private landlords didn't _have_ to deal with everyone. They could pick and choose the best customers. The Tory obsession with bringing everyone into private tenancies forced landlords to take-on anyone and everyone; making it worse for all parties.
@@Tay12345 for a while, a lot of landlords just sold their lower quality properties to the council instead of trying to make rent on them!
For the Americans who need reminding each time the graphs appear:
Conservative is blue
Labor is pink.
*Labour
@@masterbarnard Labor it's ok
just a minor quibble: you unfortunately said that the brexit vote happened on the 14th june 2024 when it actually happened on the 14th june 2016
Can I just say: the fact that neither sunak nor his staff can apparently both read the weather report and organise an umbrella for an event as important as the announcement of a general election kind of says it all about their ability to govern....
IF that's the only think your mind is able to focus upon you're more doomed than anyone thought.
It’s true. It’s bizarre how politicians seem to have such poor judgement generally.
@@slowery43 the saying "you know others as you know yourself" springs to mind when reading your comment.
I couldn't possibly think why.
IMO it was probably a play for sympathy. Giving himself the look of a pathetic loser could help him recover his brand after his shit job as PM. He's probably planning on offloading all the blame to Cameron, May, Johnson, Truss, and anyone else he can manage.
@@RainbowLizardOne if what you are suggesting is true, that's an even worse indictment of his competence.
Deliberately making yourself seem pathetically incompetent isn't exactly a good way of garnering political support.
Excluding London the average wealth of the UK regions average the same as Mississippi, which is insane
Rather better healthcare outcomes and a social net tho, of course vaush skips over that bit - I wouldn’t pay much attention to his takes on Europe.
same can be said about many european countries including france yet all these places have a far higher standard of living.
@@PhoeniX199777Human development index France .896 US .927, I would argue quality of life is higher in the US considering France is about to elect a far right gov whose platform is change almost everything and the fact that France seems to have major riots every 4 months
@@nathanspreitzer6738 Yet it doesnt reflect that paid parental leave, paid sick days or paid time off, is a fucking luxury in the states. Or that they often take up 2 jobs while they sell their souls for a college degree and a car
@@nathanspreitzer6738 the only thing the US ranks higher on in QOL compared to france and the UK is the gdp per capita, literally everything else ranks lower, also we're talking about mississipi not the US as a whole
Interesting warning, the most telling thing about britain from a polish person perspective is watching the general mood of people around shift from dreaming to emigrate to the uk to live there, to watching around 70% of those people i know whe left for it back in poland by now, and the rest complaining about uk life.
"brexit means brexit" sounds like it means that people don't fully understand the implications of it and they want people to think about what it actually means more.
Last 14 years are just the tail end of the story ( so far ) , short termism, lack of investment - in Industry, in infrastructure, in education, list is long. Brexit wasn't a symptom of genuine widespread anti EU sentiment, the EU was just made the scape goat for peoples frustration with so much of what went before.... in particular everything that contributed to the persistent widening of the wealth gap in the UK.
Turns out that if you spend a couple of decades going "oh the EU forced us to bring that law that's making your life worse in, we didn't want to" and then offer a referendum to leave, people are going to vote for it. Crazy, right? 😂🤦🏻♀️
As a European following the Brexit drama for a couple of years now, I'd say there is a clear anti-European sentiment among Brits. It is clear that Europeans and Brits (the English especially) have radically different values and aims. I think that Brexit was a logical consequence of geography and cultural change in the UK and long-term both the EU and the UK stand to win from it. You know that "better together" motto? In this case, it's "better apart".
No people don't like their country being filled with immigrants from different ethnicities, because without a shared community bound by blood, the whole conceit of a nation-state begins to break down. The impulse to pick up a destitute hitchhiker is much stronger if that person is of your own ethnicity, once that level of reciprocal trust is completely severed in a society and everyone becomes only an atomized economic agent in public life than the country is on its way to dying.
@@octavianpopescu4776 The EU was mostly a convenient scapegoat. A clear majority of UK citizens now want to rejoin the EU, which contradicts your claims about the British having fundamentally "different values and aims."
There are anti-EU movements in all EU member states. Maybe it's slightly stronger in the UK, but Brexit was a point-in-time decision. It doesn't necessarily reflect anything longer-term.
There are legitimate reasons to dislike the EU and oppose membership in it, though - now, I agree that none of these reasons were really at play in the Brexit referendum, but I believe this point to be crucially important lest people walk away with the impression that the EU is some benign institution. The EU has been at the forefront of imposing disastrous neoliberal policies on the Global South and its poorer member states like Greece and Italy while also turning the reins over to neoliberal institutions with minimal democratic accountability, such as the European Court of Justice and the European Central Bank (for countries that have adopted the Euro as a currency). On a purely structural level, membership in the EU will always block a populist left-wing agenda because of the obligations that member states opt into through various treaties, including submitting to largely unaccountable institutions with strong ties to banks and corporations. And in the end, I believe that a big part of Labor's failure during the post-Brexit era was this inability to wholeheartedly embrace Brexit (like it or not, it is the decision people came to) and put forth an alternative vision - something simple and populist like getting out of the EU, re-nationalizing the rail, and undoing the neoliberal restructuring of and budget cuts to the NHS, or, in other words, implementing policy proposals to materially improve the lives of people that the EU umbrella would've made impossible.
>Politicians enact Austerity
>Austerity destroys the social safety net and makes everything everywhere worse, as if not doing maintenance on an aeroplane
>The society gets worse
>Some people: are still somehow surprised
The EU is taking our money for the NHS (that we totally didn't cut because big government bad) so we better leave the best deal in history then cry when they ask us for a passport to enter Spain
@@allesarfintI know everything you said is literally, objectively an accurate representation of brexit talking points, but it still sounds so silly as to border on caricature when laid out together.
Propaganda is crazy effective.
See how things work great with big encompassing governments here in Latin America! Argentina elected a libertarian and it's improving in neck break speed. On the other hand Brazil just got 30% of it's population under assistance after electing a socialist again, and the economy is crumbling.
There is no easy answer, all aspects of a society need to be kept in check by one another for prosperity to be granted, culture is the only defining factor. Big governments will always incentivize reckless spending, and will always attract the greediest demagogues, but also to have a few safety nets will payout in time. It's a very hard balancing act.
@@arthurmiranda8896 Argentina most decidedly is not improving in 'neck break speed'.
Wait until he sells off all national assets to foreign investors. The same will happen to Argentina that happened to the United Kingdom when they sold everything off in the early 1990s. All privatised assets and services are now failing catastrophically. The Post Office, public transport, the railway companies, water companies, electricity companies, sewage companies. Literally all of them. The mostly foreign based investors actually didn't really invest anything at all. What they did do is hire expensive executives and made sure that huge dividends were paid to shareholders. No infrastructure investment whatsoever, hardly even structural maintenance.
But sure, some of Milei's buddies are going to be very, very rich.
@@marcel-ifc17 You have no idea how things were before do you? How is absurd corruption payed by the workers any better? Besides most of the problems you described is caused by the government overreaching, they sold monopolies without fixing the bureaucracy, The other day i just saw that a project to dig a fucking reservoir would take 18 years of legal processes. No nation can prosper in this environment.
Europeans have no grasp of how incompetent populist big government can be. Just look at Venezuela!
Brexit was an interesting experiment. I doubt any other country in the EU would like to repeat it.
That stupid bloody note was Labour shooting their own foot.
Can we in the western world collectively accept that conservative economic policies don’t work, please?
All of liberal capitalism can be summed up like that
Hear, hear! - A Former Conservative American
Nah the French want to get real conservative, so does the USA.
What do you mean? They work perfectly as intended. They got richer.
The problem is that they do work well for the short term gains of stockholders
"and I'm gonna be heading over to the US to cover it." You brave soul. I don't even want to be here during it and I live here.
If you live in Great Britain come on over to the USA but just make sure you live somewhere in the South because it's less expensive here and the taxes are much much cheaper and the cost of housing is cheaper. There is too much crime out west and there's too much crime and craziness up north. Virginia South isn't so bad in the midwest is pretty nice out in Oklahoma but they have a lot of tornadoes out there . I live in Southern Virginia & it's the Commonwealth named after Queen Elizabeth I
If you bury yourself in the news and other media coverage, you'd think you live in a war zone. Step outside, smell the flowers, take a walk in reality, like the host of this video. You need a break from the politics-driven gloom and doom.
@@montrelouisebohon-harris7023Every American believes crime is “too high elsewhere” but “not here.” This has been a consistent finding of research since the 90’s. Fwiw, our per capita crime rate, however, is actually higher in our rural areas than the urban north. But both are still pretty low overall, so you shouldn’t live in fear.
Also, the real tax burden in the Southeast isn’t actually lower. Lower state tax in those states means you either have higher sales tax, higher property tax, higher local tax, collapsed public services, or a combination of all 4.
Unless, of course, you’re a corporation (or wealthy enough to pretend to be one for tax purposes). In almost all southeast states the real corporate tax rate is below that of the average citizen.
“Lower taxes” is just misdirection to make you and me pay more for less, tacking on hidden fees like our states are run by Spirit.
- Your NC neighbor.
I'm disappointed there was no mention of privatisation, PFI and right to buy. It's not just failure to spend - it's that the asset stripping of the state (including under Blair) has driven costs up.
This is true, of course, but it's important to remember that the reason this has become such a large problem is in large part because the British government refuses to reverse those privatizations through investment or nationalization.
@@christianlove2473 It's almost like they're either a) not interested in doing so, or b) can't work how to do so, or c) are too shit-scared to try. The only reason to vote for a party which falls into one of the latter two categories is, unfortunately, to keep out the bastards in the first.
So hypocrisy and SA actually hurts politicians in the UK sometimes? Weird.
We’ve had Thatcherism since 1979 which serves the interests of the (mainly overseas) wealthy. The problem with Thatcherism is that you eventually run out of assets to sell to overseas investors so that they can rip off British consumers. The Tories have sold nearly everything that we owned and are currently selling the NHS big by bit.
Here in the states we've enjoyed several decades of emperialism/utilizing our war machine which has done a magnificent job of transfering real wealth from tax payers to the military contractors... who with no surprise pay massive campaign contributions/lobbying cash/perks (aka bribes) back to the politicians.
The problem with capitalism is that you eventually run out of people to exploit.
less thatcherism, more simply capitalism.
You guys had Thatcher, the Americans had Reagan. I wonder if the other countries in the Anglosphere were having this stuff
@@kylezo Yup, the problem with capitalism is you eventually run out of people to exploit.
You missed one thing: Short terminism. Parties are so focused on the now, they forget the now will impact things in even as much as hundreds of years time. HS2 is a perfect example of that, IMO.
They don't forget that. It's worse.
Let's just say the biggest fear with project that might take 5+ years is that other people might be in power by then and will claim all the PR for it
It’s beyond that. It’s short termism used to disguise the fact that they only care about their own future. Protecting their own ability to get re-elected and have more power to make more money for themselves and their cronies.
We need politicians who don’t care about re-election but care about solving problems.
The sad part is I don't care much about Britain's decline and part of that is Brexit the EU might be a lumbering bureacracy but it does tie its member states together in some common political project but Britain went its own way their fate is now their own
Τhis story is true for almost all European countries. You can fit any country's name on that title.
Britain is actually a perfect example of what it really looks like when an empire dies. Most of us imagine barbarians at the gate or some major catastrophe but more often than not it’s just a slow dismantling of the original order and a series of cascading failures.
Ours in America will be a lot more violent I sense.
Yeah that's true @@jonathandoe2316
I wouldn't say Britain is an example of the death throes of empire. It hasn't been an empire for 60 years, and until the Global Financial Crisis, it did pretty well overall. It's more an example of 15 years of mismanagement.
@@jonathandoe2316Rome fell by huge tribes of Barbarians forcing their way in. Sounds similair to what is happening now.
@@RK-cj4ocRome lived on the for the next thousand years as the Byzantine empire.
People keep letting corporations run their country and fully expect them to operate in the best interests of the population and not their own best interests. They actually expect these companies to operate like a government. That’s why they’re so comfortable privatising everything. Then they get so baffled when the nice companies just strip-mine social cohesion for profit. (Of course there is also if you’re poor or disabled or an immigrant then the Conservatives find you disposable. I mean there is very much that.)
And yet, I bet you'd passionately defend the very system that ensures this: so-called "democracy"...am I right?
@@JohnnyTwoFingersDemocracy isn't an issue here.
its gonna trickle down any moment now... any moment... ah yes, can you feel the drops on your face already? Well, that's the powers that be pissing down, and not the economy trickling down. Good luck
@@ExtremeMadnessX Haha, same here in Canada 😂😂😂😭😭😭😭😭😭😭
Very well said. We've handed over everything to them, and not only could they not give a hoot about us, they will happily destroy the lives of individuals if it will benefit them in the slightest (and usually only in the very short term).
Just as an extra FU, they will also do WHATEVER they can to avoid paying their fair share back into the system (and will even pay into other countries' tax bucket if it means they get to pay less).
At around 16 minutes it seems there's a mistake? You said the BBC announces the results of the brexit campaign in 2024, not 2017
That's a great example of, you can't be always rich by looting 😂😂😂
Who knew almost a decade and a half of siphoning money from those who don't have it and giving it to those who already have too much would lead to wide-spread economic ruin?
Both the Red and Blue Tories must all collectively play Victoria 3: YOU INVEST INTO THE BOTTOM STRATA, BECAUSE THERE'S A F*CKTON OF THEM! A small increase for each the bottom 50%-ers means HUGE tax revenue increases, compared to pandering to a 6 digit number of elites who will probably spend that money abroad anyway.
I hate the fact that I can't even convince my friends to try my favorite video games, otherwise I would try getting into politics. I feel such an urge to fix the world's problems, but without the charm to back that up. It's...very frustrating.
you know, I went to see New Model Army earlier this year and their singer said that everyone here walks around looking like we've been robbed. because mass privatisation has taken everything away from us and left the country in a dire state. I think about that a lot
I have never been able to understand how ordinary working people can view the tories as being a party that will look after them over their love of power/profit/greed/corruption etc etc
The biggest takeaway from this video is that leftists and socialists really need to come up with a unified easy to explain economic strategy. The fact torries clearly make the wrong decisions for the public so many times over such a long period of time and still be anywhere near relevant is wild
Simple but wrong answers always appeal more and travel faster than correct but complex ones. Also, there's no easy slogan the left could use that the right wouldn't twist to scare people. Like "tax the rich" becomes "higher taxes!!! oohhh be scared!!!"
Keynes. We did it before. China is doing it now. Not a big deal. Just teaching people to accept that what seems like common sense based on your understanding of personal finances is not the final word on a national economy
The moral is that billionaires owning medias is an issue for democracy...
Voters need perfect information to make the best decision.
Otherwise, they vote tories...
Idiocy is a lot easier to explain than reality
The UK Labour Party needs to take inspiration from the Danish social democrats. A party that in modern times seems to have managed among the highest economic growth and private investments in Western Europe while also keeping among the highest taxes, excellent public services and lowest national debt - which also manages the rich and lots of businesses to stay in the country.
Another thing is that Denmark seems to be the only Western European country to eradicate the far right - mostly by cracking down on immigration to mostly match the policies of the far right and shifting from integration to assimilation strategies. But without the extremism, inflammatory/racist rethoric or inhumane proposals - as well as being very socially liberal on most other issues except immigration. Which totally made the Danish far right completely irrelevant and saw them collapse from 20% to 3% in parliament.
WEVE BEEN THATCHERED
UK's Ronnie Reagan. Thatcher nomics.
Our country has been hollowed out from the inside and we're expected to thank them for it.
Thatcher's policies reinvented and reinvigorated Britain, propelling it back into the first ranks of world power. The welfare state is the source of Europe's issues along with demographic and cultural collapse.
And we’ve been Merkled.
Funny how almost every major country has problems with the long-term-rule of a conservative government, which made the poor poorer, the rich richer, and the middleclass disappear!
Ok. If you think about it literally a second more, it’s not funny at all. More a testimony of how good humans are at forgetting.
We’re all doomed. That’s what I wanted to say. We’re all gonna die, so at least, let’s have the last few years a (kinda-) good time.
@@fullmetalanarchist6521 Its about time you guys realize what developing countries have to go through.
I'll never forget when there was a woman on television compkaining to Tony Blair that the NHS was too fast in responding to her. If that is what you guys are working with, that is a bit of a challenge.
I wonder when people will understand that public services benefit everyone, not just those who receive them. There is no trickle-down effect; rather, there is a trickle-up effect.
How Britain became a poor country? One word... Neoliberalism. It all started with Thatcher and her friend Hayek.
Imagine if we still had coal mines.
@@edc1569Imagine how much the poor people would have to pay for that coal!
If Britain is poor, then what are countries in Africa? Britain is unbelievably rich, but doesn't know how to manage its money. The rest of us don't even have the money, GDPs measured in trillions.
Neoliberalism is not a British phenomenon. Honestly, it’s affecting most of the world: From Australia to the Nordic welfare states to China to South America.
In some instances good to save a crumbling overly bureaucratic and indebted inefficient system that leads to deep financial crisis such as China in the 1980s or Sweden in the 1990s, and in others bad like the UK.
Well yes but actually no, it’s “conservative economics”
It's like they decided to become more like the USA in the worst possible ways
Hey Britain is messing up in new and unique ways don’t pin that on us
@@detectivewiggles Taxes are lower in the US and wealth significantly higher.
Well, you all failed to become like us cuz The UK is nothing like American the Most Similar Place we have to you all is Cailfornia
@@ShermanMark1 California, one of the richest US states and home to most of the largest tech companies? The UK would love to be in that situation.
@@Unknown-jt1jo It also is Losing People and has Lots of Problems
To keep the constant increase the wealthy require they will always happily sacrifice the working class. Debt for the poor, profits for the rich.
-David cameron creates policy called big society
-Destroys society by horribly underfunding all important societal institutions
What did he mean by this?
Dear Britain: Please stop voting for leopards and then wondering why they've eaten your face
Vote for who then? Uni-party system means no real choice.
@@philipjamesparsonsyou've had labor as an option this whole time
Labour isn't that much better these days.
@@user-mn2mw1og8ui think that is his point.
If you don't want to vote conservative, you are forced to vote labour. If you have any sort of preference, any sort of political opinion, that might not be what you want.
This is why two-party systems are only barely democracies. All please reflect.
Dear patronising EU technocrat: Please stop pretending like the actions of the owning class are the fault of the working class. There is no 'democracy' in liberal democracy. Choosing which faction of the ruling party is going to steal from us this year is not a real choice. The sooner you realise this, the sooner we can all sort this shit out. But we can't get rid of our sicko rulers until you admit you have the same problem. We all have to push at the same time or the van stays stuck in the mud.
The UK isn't poor, it's unequal. Inherent class differences and corruption has lead to barley any wealth distribution.
It’s both.
No more racial cohesion.
The working class is treated as foreigns slaves.
There's wealth inequality (see the Netherlands!) and then there's I come equality.
Does the UK have both?
well so long as they dont stop distributin the hops
The rich got richer by screwing those at the bottom
2:30 wait do you mean to tell me that a bunch of multimillionaires making decisions for everyone hasn’t worked out for everyone? lol
Why are they called conservative if they conserve nothing?
I feel like Germany is much in the same situation as Britain, if not as bad.
I think it’s CONservatives, because they’re nothing but conmen? Also conserve their own wealth and lie through their teeth to do so…
😂😂
"A Bulgaria with a London stapled to it"
So Moscow? Home away from home eh
offending Bulgaria. Bulgaria doesn't have rotten tooth hooligans
Nice refenrence
edit : youtuber britmonkey, video on uk
A hedgefund with a Bulgaria stapled to it*
Ouch that’s beautifully written 😢
Once upon a time, there was a little boy, called Boris.
He wanted to prove that he was best, strongest, cleverest boy in the whole world.
The only problem was that he wasn't very clever, or strong...
but he still went right on thinking he was the best, even when everyone said David was probably a bit more sensible than him.
One day, two of his friends got in a fight about unicorns.
Nigel said that he'd seen a unicorn, but David said it wasn't real.
Boris didn't really know anything about unicorns, but he DID want to make David look bad, so he told everyone there was a unicorn, but mean old Mr Walrus had taken it away.
Boris and his friends didn't like Mr Walrus, because Mr Walrus made them share their sweeties with all the other children.
Lots of people believed Boris, and said that they would like to see the unicorn too.
David and Boris had a big fight, and made a big mess, but then one of Boris' friends said something very rude about David, and David got very upset, and went home for a pork sausage roll.
and Boris smiled because he thought that meant he was the strongest.
Boris got his friend Theresa to clean up the mess, and told her that she needed to find a unicorn or people would be very cross.
Theresa showed people a pony with an ice-cream cone stuck on it's head, but they shook their heads and said "that's not a unicorn! our unicorn is strong and stable"
Theresa showed people a rhinoceros, but they shook their heads and said "that's not a unicorn! our unicorn can catch all the fish in the sea!"
Theresa showed people a narwhale, but they shook their heads and said "that's not a unicorn! our unicorn is beautiful and white!"
Theresa got very upset and ran away through the wheat fields.
Now people were starting to wonder if Boris had been fibbing about the unicorn all along.
"I really HAVE got a unicorn" he told them, standing just behind the door, "but it's very shy"
and then he clapped two coconut shells together, clip clop clip clop
"can you hear the unicorn?" he asked people,
and they all cheered, "yes, we can hear the unicorn!" they shouted,
and Boris smiled because he thought that meant he was the cleverest.
Now Boris had to go and talk to Mr Walrus, and ask him for a unicorn before people found out that he didn't really have one.
By this point, Boris had told so many fibs that he couldn't remember what was true himself.
Mr Walrus laughed very hard. "I can't give you a unicorn Boris, they're not real. You and Nigel made it up because you don't like sharing your sweeties."
Boris didn't like that, but he had a new plan, one that would make sure no-one would believe Mr Walrus, and Boris could keep all of his sweeties.
He stood just behind the door again, and told people, "the unicorn is going to come out very soon"
and they all cheered "Hooray, we'll get to see the unicorn!"
and then he clapped two coconut shells together, clip clop clip clop
and they all cheered, "Hooray, we can hear the unicorn!"
but then Boris said "Hello Mr Walrus what are you doing here?"
but Mr Walrus wasn't really there.
and Boris said "Oh no Mr Walrus, why do you have a gun?"
even though Mr Walrus wasn't there at all!
and then Boris let off a firecracker, and shouted "OH NO! MR WALRUS SHOT THE UNICORN!"
and everybody cried.
This should be its own YT vid, or a thing that looks like an illustrated children’s book…
This is so accurate that it hurts.
This is pure genius and NEEDS to be made into a video like suggested.
I think you should be writing children's book for a living or making a politics for dummies kind of thing, this was great.
Please turn this into something
How did you get there? It's because you only were rich by stealing from others, you can't do it on your own now😂😂
One thing is for sure: to get out of this we just need higher taxes, higher spending, more censorship, and more immigration.
The shot of Nottingham as you said ‘bankrupt cities’ makes me so proud, we’re famous, baby
Congratulations on your newfound fame!
Mad respect my man, way to rep dat city✊
15:50 "... at 4.40am, on the 24th of June, 2024, the BBC announces that Britain has voted to leave." 2024??
A week is a long time in politics, I guess
this made me wonder, does he even writes his own scripts anymore ? you can write it as a mistake but if you read it you'll know its a mistake.
or does he have a "team" who writes for him, and who knows who's behind them, maybe a political agenda like the johnny harris he used to loath
It's not even a misspelling or mistake. The referendum was in 2016, and the official secession was in 2020. How did he come up with that BBC moment? 😂
2024???
@@Don8MaverickOr he wrote the correct date and misspoke. Yes, he probably should have caught it, but things like this can happen.
Let me sum it up for you lads: Brexit.
The downfall really started with Margaret Thatcher.
What I find funny about the British is that they use the "no true Scotsman" logical fallacy to defend Brexit. Basically, if Brexit doesn't work it's because it's not a true Brexit.
With this pun they can continue to defend Brexit indefinitely.
all of the supposed benefits of Brexit were either exaggerated or simply were blatant lies, none of the potnetial negatives were disclosed.... shocking? No. The question is not was it a good idea, not who's fault was it, it should only be "who do you repair the damage". You'll be given a choice between Sunak (a horribly dishonest globalist, self-serving establishment stooge) or someone who will do exactly the very same... Farrage won't be a cosnideration because he isn't a centrlist.. .we here in the states have the same choices or lack thereof... we be given any choice of change as the system does not allow it. As Henry Ford was quoted "you can have any color you want... as long as it is black".
It's not really "the British" as a whole who exhibit that behaviour though is it? Brexit only just won the referendum, and it's not like everyone voted, and myself and many other British people frequently point out how foolish it is to just pretend we didn't get the right Brexit and that's why it's so crap. We for sure should've had a 2nd referendum. No matter what brexiters say, people did not vote knowing this is what we'd be getting. At the time of the vote the leave campaign were telling us all how the trade agreements that were beneficial to us would be signed easily and swiftly. When it became clear what we were getting was so abysmal, the country should've been asked if they were sure they wanted this insanity. I know some cried about it being undemocratic, but I don't think a bit more democracy means you have less.
The country can be improved, but it's gonna take a lot of work, and I'm not sure Kier will ever do what's needed.
@JustChrisWillDoTa By that logic no vote is valid because nobody can see the future and therefore cannot give informed consent.
Ultimately, it's weird to watch how the EU acted after the UK voted to leave while calling itself a bastion of democracy. If people want to be part of that type of organisation it's really more of an insight into their mind than anything else.
There are legitimate reasons to dislike the EU and oppose membership in it, though - now, I agree that none of these reasons were really at play in the Brexit referendum, but I believe this point to be crucially important lest people walk away with the impression that the EU is some benign institution. The EU has been at the forefront of imposing disastrous neoliberal policies on the Global South and its poorer member states like Greece and Italy while also turning the reins over to neoliberal institutions with minimal democratic accountability, such as the European Court of Justice and the European Central Bank (for countries that have adopted the Euro as a currency). On a purely structural level, membership in the EU will always block a populist left-wing agenda because of the obligations that member states opt into through various treaties, including submitting to largely unaccountable institutions with strong ties to banks and corporations. And in the end, I believe that a big part of Labor's failure during the post-Brexit era was this inability to wholeheartedly embrace Brexit (like it or not, it is the decision people came to) and put forth an alternative vision - something simple and populist like getting out of the EU, re-nationalizing the rail, and undoing the neoliberal restructuring of and budget cuts to the NHS, or, in other words, implementing policy proposals to materially improve the lives of people that the EU umbrella would've made impossible.
@@beatoriche7301
User A: The EU is evil because it is too socialist.
User B: The EU is evil because it is too neoliberal.
User C: The EU is evil because it is too conservative.
Make peace with your brain, what you have created is just a scapegoat for not recognizing the rottenness that exists in your country.
I was 15 when the Brexit vote happened. Leaving the EU has made my life tangibly worse for the foreseeable future, and I wasn’t even able to have a say in it. I live in an area of Wales which received a significant amount of funding from the EU, especially for investment in new infrastructure, and the impacts of leaving have been devastating for our communities. My family still jokes that a significant proportion of people who voted for it are probably already dead, while the majority of us who are left, especially younger people, have to deal with the worst of its consequences. The fact that none of our major parties seem to barely mention the impact of Brexit when talking about our failing public services and cost of living crisis utterly baffles me. It’s not the only factor of course, but it’s still so infuriating that they won’t even engage with it.
Neither of the main parties can be honest about Brexit, this tells you all you need to know about these people.
I was in my twenties and voted remain, and working at a university it breaks my heart seeing kids coming through with less opportunities than I had who never had a say in any of this. We need more political education in schools so kids can be engaged and use their vote when they come of age, we lose so many voters to apathy and ignorance.
But since Brexit "got done" there has been an EXTRA UK pounds 350 Million, every single week for the NHS right. um, hasn't there ? I'm in NZ and even "I" saw that on the news, painted on the sides of buses, just prior to the vote happening. Are you telling me that Boris lied to voters ? Are you telling me that Boris Got Britain done ! (done up like a kipper, more like !). I was thinking of moving "back" to Britain ("goin' home, to a place I've never been before". To use the words of a country song). Seems like for all their problems, I'm better off staying in NZ or Orstraya maybe.
I feel this. Here in germany we also have an aging population that doesnt care about long term consequences. They vote for horrible politicians that have already ruined a big chunk of our country and these politicians keep getting more votes. A few years ago when Article 13 was a big thing they completely dismissed every young voter as a literal bot. These politicians sell our future so that they get to have a 3rd swimming pool in their mansion, and our elders vote for them since they dont have to deal with the long term consequences.
Its all fucked. Our elders hate us and there's nothing we can do.
UK one of the richest countries of the world ??
When you do not look at the absolute GDP per country, but GDP per capita (which you should), the UK is number 28, which is equal to Cyprus
This is what has always angered me; the tories advertise themselves as the economic party, but all they do is implement short term solutions with massive long term costs that leave us worse of than before
As an American with private for profit health insurance. DO NOT privatize the NHS.
You'll deeply regret going decades into debt when facing an expensive health condition just to stay alive.
That's probably what will happen. Britons better start getting used to the idea of replacing the NHS with the PHS.
At this point it might actually be their only choice
Privatization no, but the implementation of symbolic patient fees at around maybe 30£ per the first couple of visits a year (for those that can afford it that is) is fully needed in order to reduce waiting times and discourage people with minor and harmless issues to come in - which is draining a ton of resources.
And yet the UK spends more per person on Healthcare than the US and the results are at best around equal.
Not like there is a choice, they've pruposely gutted out the NHS, so people start thinking there's no choice but to privatise.
I always found it funny how you guys are known around the world for your iconic trains and railways and now spend fuck all on public transport.
Trains are more of a german thing. The Double-decker Bus is however iconically Bri'ish and it's sad that each week there's less of them in service.
Oh but Brits do spend a lot on trains and railway and public transport. Have you looked at how much those tickets cost. /s
Technology developed by the publically-owned British Rail's research division still forms the basis for a lot of modern, cutting-edge railway technology like high speed rail.
Meanwhile, the UK's only high-speed rail line connects London to France...
Its a travesty really.
@@sergewind2208
These days. But British railway infrastructure used to be a global leader in rail technology. That all stagnated in the 90's after privatisation.
??? Are they? Where?!
The british?
Last time I was in London, those those gates must have been open or not there, because I just walked in and stood opposite number ten.
FYI correction in the form of Brexit happening in 2024 it was 2014. Thanks for reminding me why I need to vote.
I remember studying brexit in university and it seemed like the most stupid decision Brits could make - they're granted all the benefits and none of the restrictions (e.g switching to Euros)
... And still left... And now everyone that voted to leave regrets it😂😂😂
@@chunellemariavictoriaespan8752 They not only left, but left in the most idiotic and self-damaging way imaginable.
@@chunellemariavictoriaespan8752 . Many Leave voters may privately regret their vote, but for most them, the years since Brexit has just shown them how wrong they were to believe the lies from Johnson, Farage, Rees-Mogg, etc. The problem is that years of trying to defend the indefensible means they have become so entrenched in their delusion, that their egos won't allow them to admit it...even to themselves.
It was mostly England who voted to leave, the majority of Scotland voted toremain. But dueto our size, we didnt really get a say in it.
@@chearahendry1502 So will there be another vote to leave the UK?
It’s quite a easy answer: spending too much money to get Minecraft points to use in the marketplace
"We're all in this together", when the company is lquidated, workers are thown onto the street and the CEO gets onto his Lear Jet for a long holiday to the Bahamas.
To the people who say egalitarian socialism always fails, how does libertarian capitalism playing out in it's full glory look like now?
Capitalist countries are still 10x richer than socialist ones. Even during their worst times.
To be fair, even broken capitalism is superior to socialism (as demonstrated by virtually every socialist country). The best system is somewhere in the middle--"social democracy," or capitalism with a strong welfare system and public investment.
@@Unknown-jt1jo the socialist north has been running circles around the burning heap of failed capitalism for ages, buy and large the only failings of the countries in question are demonstrably the aspects most entrenched in capital, so i really don't know what youre on about
@@Unknown-jt1jo Socialism is superior in every way tho? "as demonstrated by virtually every socialist country" China? Nordics? that yes, are socialist.
You're really saying countries like Uzbekistan and Moldova are better off today than 40 years ago @@Unknown-jt1jo
It will never not infuriate me, we had a decade of low interest rates, as you have shown on that graph bizarrely low. Yet instead of the government investing the country by taking out low interest loans they did nothing and look at the country now, falling apart, when it could have been prospering.
As a non-brit, I can't keep track of your Prime Ministers. I just wake up the next day and see that you have already changed your PM and a new one has been serving for months already.
The video seems to miss that the rich didn't get poorer at all but went gangbusters.
Right, I've been unable to work due to illness for several years now. My next NHS appointment in in September.
I'm an experienced software engineer with a degree, my wife is a professional biomedical scientist working for the NHS.
We had to sell our home, move in with her parents and still had to go to food banks to have enough calories to survive.
Our combined income when we were both working was 100k.
I have now literally been saved by being approved for PIP Disability this year.
They now want to replace pip with food stamps.
You know, just in case I'm spending that money on enjoying myself every now and again.
An award that was partially given to me too help with severe mental health problems.
_Fuck the Tories_
What illness if you dont mind me asking?
I'm afraid it will get much worse.
Inappropriate question.@@theJACKATIC
That’s incredibly depressing
@@Talentedtadpole Not necessarily inappropriate. Perhaps a genuine enquiry to see if they became ill in, or shortly after, 2021, and if their illness is of a neurological, endothelial or cardiac nature. Perhaps @theJACKATIC might explain why they asked...?
It's genuinely shocking in what conditions working families in the UK live. When I told a visitor how much a bus driver makes in the UK, he thought I was joking. He was Slovakian.
That's saying a lot, considering Slovakia got the worse end of the stick (economically speaking) when Czechoslovakia separated. And saying that, it wasn't that great in Czech Republic either. So my family moved. I still question the decision, but at the same time, I'm not sure staying would have been better.
@@js66613 In terms of GDP PPP Czechia is just a few thousand dollars behind the U.K. at 54k compared to the U.K's 58k, but if you'd ask the average Brit they're likely to think Czechia is far, far behind them. Quite impressive considering they were communist until recently, I recon if you take away London which pretty much is the only place doing well in the whole country the average living standard in Czechia is already better than the U.K. unfortunately.
@@CatSounds-u9flife is fine here in Czechia 🤟 and also less stabbing, less acid attacks (=none) and so on and on
@@jacob_dcdn You don't have any foreigners. You're so lucky.
@@artsed08 You neo cons will blame foreigners no matter how terrible your own party makes everything
I think the biggest thing no-one really talks about much these days is how, since Brexit, it's like we haven't had a government doing any actual work. Sorting out the Brexit deal, dealing with covid, flirting with libertarianism for 50 days, culture wars... it's almost like we haven't had a hand on the wheel. That's gotta do some harm.
As much as I'm disappointed in Starmer & Reeves' apparent lack of ambition... just knowing an adult is in the room is a huge relief.
In 2010, Liam Byrne, the Chief Secretary to the Treasury under Gordon Brown, left a note for his successor, David Laws, stating "I'm afraid there is no money left." This note was intended as a joke, a nod to a similar tradition started by Winston Churchill, where a departing Treasury chief would leave a humourous note for their successor.
The tradition of leaving a humourous note for the next Treasury chief dates back to Churchill's time. In 1964, Reginald Maudling, the Conservative Chancellor of the Exchequer, left a note for his Labour successor, James Callaghan, saying "Good luck, old cock, sorry to leave it in a mess." This note was meant to be a lighthearted way to acknowledge the challenges the next government would face.
However, the note left by Liam Byrne was exploited by the Conservative Party, who used it to criticise the Labour government's handling of the economy. The note became a symbol of Labour's supposed financial mismanagement, and it was repeatedly referenced by Conservative politicians, including Prime Minister David Cameron.
In 2019, Liam Byrne defended his note in a Commons outburst, stating that it was a private joke that opponents chose to exploit. He emphasised that the tradition of leaving a humorous note was a Treasury tradition dating back to Churchill, and that his note was meant to be a lighthearted gesture, not a serious statement of fact.
If you bring the Treasury note up, it feels a bit disingenuous not to tell the whole story about it.
"No one really knows what Brexit means Brexit really means" is the line that broke me.
To the EU it means you are out and can't use the pool anymore
To Brexiters it means they now own the pool rights, but don't have to pay the fee nor do they have to follow the pool rules.
US citizen here. I'm not an economist, but I do have over 60 years watching "libertarian" policies cause chaos in the US while at the same time presiding over the greatest transfer of wealth from the middle and lower economic classes to what Bernie Sanders correctly dubbed "the 1%". If you ask me, which I realize no one has, do whatever is necessary to hang on to the NHS. I'm disabled with a disability that was easily avoidable using an inexpensive medication which would have prevented that disability had I been diagnosed in my 20's, but due to outrageous health care costs coupled with healthcare somehow becoming coupled to one's individual employer, I was unable to see ONE type of specialist ONCE and receive a series of equally inexpensive blood tests. Good luck to our British cousins, and in this day of an unreasonable disenchantment with democracy itself, good luck to us all.
Man, that sucks. I'm really sorry that happened to you. I truly hope life isn't too hard. I'm British with a long-term chronic health condition that prevents me from working, and the kind of care I require is only available through private medicine. The NHS is great for emergency care and more straightforward conditions, but more or less completely flounders at treating chronic, immune-system-related conditions.
It's a long road healing from chronic conditions, and with all the necessary lab tests and supplements, it's scarily expensive too. I worry daily that my means of affording to pay for my treatment (mainly government benefits) will run out before I regain ability to work. I can only currently afford to pay for it because I live at home with parents who help me out, as well as pay for almost all my cost of living, but it won't be able to last that way indefinitely. I don't even like to imagine how I would cope if I didn't have the good fortune to have the parental and governmental assistance that I do. Health is such a crazy privilege. I wish that was more acknowledged. But yes, we're all struggling somehow... good luck to us all indeed!
The US hasn't been libertarian since Lincoln
Trust, Brits are desperately trying to hang onto the NHS. I don't know a single person on either side who wants rid of it, and I've worked with a whole lot of right wingers (lotta blue collar jobs). The Tories are still trying to gut it because their whole schtick is privatising everything. I think unfortunately a lot of the general public aren't well enough versed in policitics to realise whats happening until it slaps them in the face. And are very very easily lied to (see Brexit and the lies told during that campaigning).
@@espinillasypuntosnegros1715I adore Lincoln, but… by what possible measure do you judge a man who literally fought and won the costliest war in our history for the express purpose of federal government supremacy over state and local government “libertarian”?
None of the early presidents were libertarians. Most of them were the literal founders of federal government, many of which had taken two swings at it and come back with a far more powerful one the second time.
The closest we ever came to libertarianism was in the robber baron era, when they briefly elected one of their own and he straight up ignored the presidency.
That didn’t exactly end well for the country, or even most of the rich at the time.
I think a big problem that is keeping the tories in is the lack of young people voting
No food banks in 2005 to over 35,000 in 2024 tells me all I need to know!
Paying some guy to pretend to be king probably doesnt help
The land owning class' front man. Kick out that old prop and the whole scam comes crashing down.
pretend? the monarch appoints the only consequential parts of the government lmao. when you are the exclusive elector of the branches of government which decide what laws get passed or how to enforce laws or if laws can be amended etc, you arent pretending to be king, you are publicly displaying your capacity to control every aspect of the government. house of commons is only there to make people think they have some say in the process but really they just help the monarch decide how to approach their corruption...
@@fredfredrickson5436not all of it, but certainly a significant part of it.
If you’re paying for him, he should at least do something against all the crises, right? I think having a monarchy is pointless if it’s completely impotent!
It actually generates more in tourism than it costs though, people forget that.
Although Charles can piss off.
But that's just _him_ I don't like.
We sold everything then had to rent it all back..
Cant spell conservative without Con
17:00 "No one's entirely sure what 'Brexit means brexit' means" Is such a good line, and really cuts deep.
This was genuinely upsetting to watch. Brexit was the worst thing we could have done, and the lies people were fed to get it done enrages me whenever I'm reminded of them.
Now the funny thing is how Labour couldve capitalized on that and say "we'll try to rejoin." Just to catch some of the disgruntled Tories. They decided to be Red Tories instead lmao.
You guys are fucked
Being in school, planning to go study in Europe, and just shy of voting age when it happened was genuinely like watching my future crumble lol
@@elseggs6504when you say ‘you guys’ where are you based because although I don’t live in the UK any longer, there are so many people who still believe in Brexit. It is such a cult. Brexit has meant that I will never live in the UK again BUT I think it’s easier to attract a disgruntled Tory than a resentful brexiter if you sound too pro Europe.
There hasnt been a brexit though, just a vote for it? We are still following the EU legislation and nothing has changed.
@@ohnoitisnt are you living under a rock? you're not part of the EU anymore
Tldr: 14 years of Tories
40 years actually
40 years of neoliberalism. Mostly Tories sure but Labour made their contribution under Blair.
Vote Reform
@@arcan762 no
@@arcan762voting for people who offer easy answers to complex problems is how we got here. Spouting simple answers to complex problems, you are being scammed by another ex banker etonian who is just trying to get his chance to rob the country.
One word. Greed.
The population is so easily propagandised, it’s so frustrating.
Thatcher, Blair, Cameron, Brexit. Neoliberalism broke Britain.
Socialism brought in Thatcher - closed shop and militant revolutionary communists ransoming the workforce's own pay brought her in.
Bertie Wooster has been in charge of Britain since time immemorial