The UK government will be forced to raise taxes in October to avoid financial instability. Who they choose to tax at this next Budget will beat a path for other Western governments facing the same problems. Here's what they're planning – and why it could be the beginning of the end for the middle class.

Other episodes mentioned by Gary:

'The Squeeze out' AKA Why Labour is crushing your living standards https://open.spotify.com/episode/2yO2SJstjBX2lpW7Jn0AO6?si=b84234841c8b42ca

What's in this episode:

(00:00) Intro

(00:47) Why this year's UK Budget matters

(02:10) What they will announce

(02:50) Governments going bankrupt

(08:25) Do they have other options?

(10:48) Tax the rich or tax the middle class

(11:15) Rich vs middle class vs working class

(12:29) Do not trust the rich

(13:13) My message to middle class people

(15:04) What I mean by "tax the rich"

(16:09) The rich are WINNING

Alt right political movements have proven they take power using social media. Gary walks us through how we can use their rulebook to get what we want in our countries.

Chapters:

(00:00) Introduction

(02:26) Social media's power in politics

(05:05) The WWF model

(07:01) Economic inequality

(08:08) Build a platform

(17:49) The power of social content creation

(26:12) Use the traditional media

(30:36) You have to focus your message

(35:00) Be disciplined

(37:13) Challenges from elite institutions

(41:27) Take a strategic approach

(45:43) Balancing advocacy and content creation

(48:20) What you can do – and what I'm planning

Why are house prices in the UK so high? Here's how we can make housing affordable for ordinary people again.

What I discuss in this episode:

(00:00) Intro

(01:26) Why every city in the world has a housing crisis

(04:00) Understand that housing is an asset like shares, bonds, commodities

(07:40) Economists miss why assets are going up11:55 How rich people push up asset prices (and house prices)

(14:15) Wages do not control house prices

(16:33) Should we just build more housing?

(18:33) Inequality is reshaping our cities and creating slums

(21:27) Why we can't get growth

(24:13) The problem is inequality

(25:09) Cutting red tape and Grenfell Tower

(26:06) The rich always decide – we need to reduce their wealth

The UK's political and economic situation is grim, caused by growing wealth inequality and mass impoverishment. Gary has one message for the Labour government: a wealth tax could start to reverse the situation – and prevent the collapse of our society. He also has message for anyone tempted to vote for Reform (spoiler: stopping immigration won't fix the problem).

In this first episode after a three month break, Gary brings us up to speed on everything that's happened in UK economy – and what we need to achieve in the coming months.

Chapters:

(00:00) intro

(00:40) Wealth taxes are coming

(02:41) Economic and political situation

(08:12) The death of centrism and far-right doom loop

(12:06) My message to the Labour government

(15:12) We can win

(17:32) It's an international issue

(18:50) Gary talks to Reform voters

(20:43) Working class vs middle class

(22:16) If you are rich listen to this

(24:05) What's next on the channel?

In this last video before a break, Gary asks: just how close we are to convincing the government to tax the rich more? And reveals whether he's inviting Labour onto the channel or not. And discusses why the press have been attacking him. And explains where he's going exactly.

The world just went totally mad. Here's what it means.

Ha-Joon Chang is best selling author of '23 Things They Don't Tell You About Capitalism'. If you want to understand how our economic system is failing us, this is the economist to study.

In the past, some countries – like South Korea, Britain and the US – have used tariffs to protect and foster nascent industries, and grow rich from the results. Can America's current experiment with protectionism work out the same way?

Full conversation with Ha-Joon Chang out this Sunday.

Behind the dry statistics of the Spring Statement is a bleak reality. The Labour government is doing austerity 2.0 in the UK. Here's why – and what you can do about it.

We've been approached by some Labour MPs who want to come on the channel – should we let them? Let us know in the comments.