
Sign up to save your podcasts
Or
Why are the rich getting even wealthier while the middle and working classes continue to struggle? Former top trader Gary Stevenson - the star behind popular YouTube channel Gary’s Economics - breaks down how wealth inequality is driving down living standards for the middle and working classes on this episode of Ways to Change the World.
He tells Krishnan Guru-Murthy how the rich grow their wealth through passive income and investments, while ordinary people fall into debt, and argues that low interest rates, tax policies, and government responses to crises like 2008 and COVID-19 have mainly benefited the wealthy, deepening the financial divide. And finally, he urges people to educate themselves and push for change before inequality spirals further out of control.
Produced by Silvia Maresca.
4.6
4848 ratings
Why are the rich getting even wealthier while the middle and working classes continue to struggle? Former top trader Gary Stevenson - the star behind popular YouTube channel Gary’s Economics - breaks down how wealth inequality is driving down living standards for the middle and working classes on this episode of Ways to Change the World.
He tells Krishnan Guru-Murthy how the rich grow their wealth through passive income and investments, while ordinary people fall into debt, and argues that low interest rates, tax policies, and government responses to crises like 2008 and COVID-19 have mainly benefited the wealthy, deepening the financial divide. And finally, he urges people to educate themselves and push for change before inequality spirals further out of control.
Produced by Silvia Maresca.
2,053 Listeners
14 Listeners
13 Listeners
73 Listeners
143 Listeners
295 Listeners
1,345 Listeners
319 Listeners
36 Listeners
3,362 Listeners
104 Listeners
968 Listeners
933 Listeners
409 Listeners
318 Listeners
38 Listeners
115 Listeners