Asmongold: $2,000,000 Amouranth: $15,000,000 Me: -$6,000

@DeenanTheKemon1

Ай бұрын

Me - $72

@fdosufsachsen1727

Ай бұрын

you forgot about 25 mil of asmon ;)

@gingerbread_GB

Ай бұрын

Need to add at least one zero there for Asmongold.

@DGen7

Ай бұрын

How old are you

@AfkWent2Dab

Ай бұрын

Me 0.68 cents

100% no one would care how rich someone was long as their needs are met with out to much struggle. You can own 50 houses long as I have one.

@ghostblackmormor8120

Ай бұрын

Yeah the problem is not there being people too rich, the problem is us being too poor, if we could live without struggle we wouldn't care if they needed to invent new numbers to classify the rich.

@jotv7224

Ай бұрын

yes. I think what happens with people is they get to stressed covering basic needs-- which are greater than they were 100 years ago. after their needs there is not much to save or to explore life , have hobbies, travel, take care of their health, it turns into a feeling of being enslaved. You can't make enough progress fast enough for the effort you are putting in. it goes against the function of the brain its not a reward its a punishment just to stay afloat. This can't exist. If teenagers who live at home can work- then thats where the current pay system makes sense but to pay an adult minimum wage and not offer full time work or hell even to pay them anything less than $20 an hour is not going to cut it for people. there are to many taxes and taxes exist everywhere they just aren't labled as such. when you see corporations making record profits. when you see the system create these necessities for people just to fit in and get respected its a tax raised gas prices , raised food prices, hell even soap and deoderant went up- these are taxes.. dental not being covered is a damn tax. people dont get hired when they can't afford to take care of health issues.. to take care of your health everything effective in place comes at high cost. everything else is like a punishment. people need a living wage. Something that gets them a decent apartment that has adequate space privacy and safety. they need adequate health care. They need food. They need clothing. they need phones, transportation(public transport doesn't work in the current system, it works in major us cities like nyc it doesnt work in rural areas it is bad it is slow its a time tax on working people and those trying to get started. design small towns different or people need money for their own cars to get working ) and access to internet is important phone is important. this isnt even all the necessary things some people need to get working and start making progress in life but they are things when people struggle just to afford these something happens to their brain imo and its not good. giving people this won't make them lazy it will motivate most people. and for the few who decide the little they get to sustain is enough -LET THEM BE. people are not inherently lazy as many say. they need purpose they naturally will want more once they have the basics of what they need and don't have to struggle week after week just to maintain that basic shell of security. this level of struggle and stress is damaging to the brain and eliminating that from society will do nothing but help it i dont have an idea of a perfect system. even in what i mention you will still have wealth inequality. but the main difference is no one will struggle pay check to pay check for very basic needs. they can make better choices. it goes from surviving to living. let people live. the more people you meet and truely get to know their story. there are so many people making minimum wage , paying off school debts and they are super smart and hard working people. something is off. people are not valued they are treated like cannon fodder. People simply are not valued to exist. we are seen and treated like an expendable problem.

@robinheinemann1740

Ай бұрын

This isn't quite true there are always plenty of jealous people who are already mad at you if they have a house and you have a house and a dog house for your pet in your garden because that slightly more is enough for them to be jealous of.

@9re9or9

Ай бұрын

The only way elites can feel like gods, is if they are absurdly more rich and powerful than the common folk. This is their dream, to feel superior than others. Equality destroys their dream, thats why the world is made unfair.

@thebenc1537

Ай бұрын

America's poor are the richest poor people the world has ever seen.

Keep in mind that someone who makes 100K a year for decades can still go broke with just one medical injury. My former employer's daughter got hit by a distracted driver as a pedestrian at 40 miles an hour and suffered a catastrophic brain injury. Insurance does not cover much for TBI. It has drained their life savings, but they are still facing millions more in costs. They installed a hyperberic chamber in the house because it cost them less than 4 months of being treated with the one at the hospital. They were being charged about 35k per month and insurance does not cover anything. The medical profiteering is evil to the core.

@martinsch

Ай бұрын

Yep that's a horrible thing. The reason why it doesn't change is because people who vote, on average, think that they will never get into such a situation. And the people in power already have enough income and/or (usually "and") insurance to cover the cost of any medical injury imaginable. That sums up very well why capitalism is nothing to be proud of.

@jirivlk9862

Ай бұрын

What the hell man, that sucks, I feel so sorry for people like these

@RandoomDude

Ай бұрын

its not medical profiteering its medical regulation, you are not making money through ingenuity you are making it because the alternative is illegal so you become a state enforced monopoly, in this case moving to another country might have made sense cost wise.

@gwTheo

Ай бұрын

let me shorten this for you. "rich people can go broke with one medical injury, for example someone's child getting a catastrophic brain injury can make a rich person broke, but the distinct difference for someone making 100k a year for decades vs someone making 50k a year for decades is a brain injury makes one broke and a bone fracture makes the other broke" see the difference? stupid ass comparison is what keeps us in this situation. a broken bone wont make someone making 100k a year go broke unless they're making severely bad decisions but a broken bone for someone who makes just enough to meet the minimum required to meet ends meet.

@Eneeki

Ай бұрын

@@RandoomDude It took 3 years of legal battles just to get her out of the hospital's system money meat grinder. They were denying her access to a neurologist while trying to take guardianship from her parents. And very few states have a standard of care for TBI & those that do are woefully outdated. Big pharma can not profit if they recover.

I do landscaping in a very affluent area. Multi million dollar vacation homes, empty 99.9% of the year, yet owned by millionaires. We charge 10k a summer for our service, and our clients pay it no problem. These people are paying 10,000 dollars a summer to have a perfectly cut lawn/hedges, that they never see, never visit, don't even care about. I have been in this area for 2 summers and I have only met 2 of our clients, because the rest of the time they are not in the state. Thesr homes would blow your mind btw, tennis courts, hot tubs, pools, firepits with cobble walkways, expensive security systems. Etc. I make 20 dollars an hour and I'm struggling. I'm always broke. I'm always tired. I feel guilty for not providing enough for my 2 little girls. The system is Broken. And I'm ready to Snap.

@crystallaner230

Ай бұрын

I live in a "resort" trailer park. I'm a full timer but the other 80% don't even visit except for 3 months a year, if they come at all. They pay $1200 a year to have the place, plus upkeep. Blows my mind that people do this. So poorer people have that same waste mindset as well.

@logan_sunday

Ай бұрын

Might not be my place, but dont feel guilty for not providing enough for your daughters. You work hard, and clearly love them. Youre good, you got this. I have two boys and feel exactly the same sometimes.

@TrackMediaOnly

Ай бұрын

I don't how you feel about it, but that is why I hate that first video. It does nothing but point people to them without any of the context of what is making the situation. It felt intended only to drive more hate rather than get down to the problems. Edit: One other thing. Not to sound dismissive or to preach, but as that second video pointed out the greatest thing you will ever give them is being a great parent and being there for them.

@xomox5316

Ай бұрын

I used to cut lawns professionally, I never felt envy over the super rich and they homes they had I set it as a personal goal to get there one day. And I did retired early at 42 the system is not broken you are just not playing it well work smart understand the idea of supply and demand develop the skills/services that have high demand/skill cap and you will do well. Lets be real anyone can cut lawns, you dont deserve a penny more neither did I when I cut lawns I understood this and adjusted you decide to cry about it.

@mrsoisauce9017

Ай бұрын

Yeah, there’s a very good reason for this. Houses in modern day are viewed as an investment, so if you own a bunch of property, it goes up in value, and you get that money. These multi-millionaires are paying these large sums of money for houses they will never even see a single day in their lives because it quite literally makes them more money to do so. It’s a fucked system to be working like that, but that’s how it is

Idc how rich people get, i dont feel envy like that, but when the average person literally has to work most of their life just to pay for rent and food and a basic lifestyle and then have nothing left to save for anything, something is wildly wrong. I aint talking about homeless, drug addicts, or disabled people, im talking NORMAL working people with a normal job, you cant build a life with a job anymore

@vKross

Ай бұрын

If you calculate the salary back then in relativity to rent, taxes, food, etc. to today's money, it'd be an average income of 171k, we currently have an average income of 77k, that is NOT EVEN HALF, for at least the same amount of work, and more psychological pressure on most people.

@DeenanTheKemon1

Ай бұрын

I'm ready to Snap idgaf anymore. I've been working hard my entire life and I have Nothing to show for it. Nothing. Bad choices, sure, but a solid work ethic and a reliable attitude should count for SOMETHING and it simply doesn't anymore. I'm tired of getting jobs that just work me into the ground until I quit or get canned. Hard work is no longer being rewarded it is being blatantly taken advantage of. I'm exhausted, I'm stressed out, and I feel as though I have been personally betrayed by my own country. I am sick of having nothing. No amount of work seems to change it. And I am ready to fucking snap.

@TheMrFellaTV

Ай бұрын

Finite world it's crazy that people actualy belived that ownership and how it's used wouldn't effect them Short term thinking has finaly caught up

@maladyofdeath

Ай бұрын

Try working 60 hour weeks and still only being able to afford rent, bus, bills, and groceries. I'm so sick of it, 60 hours a week and can't save anything. Rent is insanely high, every year costs go up but I don't get raises. Everything is a lie and I'm done. Life is miserable. People tell me I just need to get a third job, I'm just too tired.

@BigGainer98

Ай бұрын

This is why leaving the US is the answer

i dont think most people would care about wealth inequality if forming families, buying a home, owning a car, and retiring was something they could theoretically do if they work hard and are honest actors. the problem is when you have people who "do everything right" and still end up working until theyre 80, lose their home due to foreclosure and get divorced because they cant pay for diapers. people that that happens to can get extremely bitter extremely quickly, and right or wrong, their anger will go somewhere. those who took your labor, paid you 10% of what you produced and used the other 90% to buy their 7th yacht are a pretty likely target. in fact for most of human history the elites of the society knew perfectly well not to flaunt their wealth too unabashedly, because they knew ho hopelessly outnumbered they were. if a ship is sinking and the elites toss their population overboard to save themselves, dont be mad when the ship finally sinks and the people in the water pull you down with them. always remember, the french elites were throwing dinner parties and gallant balls while the bastille was being stormed. when it becomes clear your leaders no longer can solve even the most basic of social problems, their right to rule starts coming into question.

@YoY664

Ай бұрын

this is true.

@l33tninja1

Ай бұрын

Thats why their trying to divide everyone so much with things like racism, sexism, transgender and so many other things. They want us to weaken each other while they put things in to place to surpress and control the survivors. AI and robotics are just the newest weapons.

@YoMamaIsSweet

Ай бұрын

Love this

@ianashmore9910

Ай бұрын

If they could do those things, then there probably isn't massive inequality.

@ZhangYating

Ай бұрын

Yes this is the beginning of the fall of all empires. I hope the United States can make changes before there is no return. But people always fail to learn lessons from history, so I am very pessimistic

What is even funnier is how wealthy people talk about how AI will make it so no one has to work any more in the near future. Yet not a single one is coming up with a plan to get life's necessities to the non wealthy average person.

@RealAndyOriginal

Ай бұрын

Yes and AI is going to be even more of a problem because its going to replace more and more jobs over time.

@MIDO44444

Ай бұрын

My conspiracy is that AI will be more of a harming force than good, replacing people and increasing the amount of people without jobs to the point society either snaps into chaos or we get a system of universal basic income but how fast this goes I cant say and again this is literally based on my feelings I cant back it up

@GM_Neo

Ай бұрын

Its actually already a harmful force, like a bramble choking the life out of the internet and poisoning people who touch it

@GM_Neo

Ай бұрын

Its already become a harming force, like a bramble choking the life out of the internet and poisoning the people who touch it

@TheMrJeffYT

Ай бұрын

Why would the wealth care about the poor? You're basicly asking for a kind dictator. If you want to solve any of you have to give power to the people The scary scary socialism

Literally, the health care thing hit me hard. I purposely only go to the doctor when I feel like I’m dying. It’s just too expensive. $300 to get my blood drawn is ridiculous. $128 for a checkup, just for the doctor to tell me something I already know. Healthcare in this country sucks. I’m not even poor, I’m middle class. I feel like I’m stuck, no matter how much I work or learn. I can’t climb any more.

@jonathanstone4878

Ай бұрын

A lot of it is no central body or open billing systems. When you get a bill for $300 to draw blood, you're paying the phlebotomist, the lab tech, for media replacement, the cost of the machines that analyze your blood, the janitor that cleans the place, the rent for the building, the secretary's pay, property taxes, etc... It may look simple, but there are a ton of costs involved. The way they do it in many EU countries is to charge +60% in taxes with no deductions. And they STILL are having issues. Look at France, Canada, Finland, and UK. Most people are not willing to lose most of their salaries for things they may not need.

@drake9634

Ай бұрын

My mother had eye surgery in both eyes, it would cost 10k+ in USA, 5k and something for each eye. Did it for free here in Brazil. (As it was not a medical emergency she had to wait a little but hey, nothing is perfect)

@hata6290

Ай бұрын

this why im moving to europe bruh

@ManCheat2

Ай бұрын

Healthcare sucks in every country.

@ManCheat2

Ай бұрын

@@hata6290 Europe sucks.

heck yeah, american dream right?!

@TheGanemi

Ай бұрын

Like george carlin said. You need to be asleep to believe in it

@carlizancho2

Ай бұрын

@SPONGUTTP2024_6 Is this true? I'm a little scared

@VygoLive

Ай бұрын

@@carlizancho2 its not

@alex8official

Ай бұрын

vygo

@IamKivv

Ай бұрын

​@@carlizancho2It's a bot dude you ain't gonn die don't listen to em

The first part is funny because any emergency is gonna be a lot more than $500

@Poooppoop22

Ай бұрын

Facts I have 2k saved It’s not a lot but is crazy people don’t even have 500. Tbf I don’t buy anything except rent Wi-Fi food and ffxiv sub

@IceBioshock

Ай бұрын

the only emergency that could possibly happen in germany, where you actually need a lot of money quickly and cannot do without is a funeral if somebody of your family suddenly dies - thats around 8k for a proper funeral - if you get em cremated and go on the low side its still 3k, but most people want a proper burial - so 8k my dudez - thats a lot and you need to have that money around 2-3 days after your loved one died - max 1 week, but thats already stretching it

@tomlxyz

Ай бұрын

It does show how severe the problem is. Only $500 and most people already dont have it

@banhammer3904

Ай бұрын

Well, if you had the $500, you could go on a mean bender instead of having an emergency.

@IceBioshock

Ай бұрын

@@banhammer3904 thats actually one of the problems here in germany my dude!! there are so many people that just go out and spend hundreds in a fkin bar and get blacked out drunk, thats stupid you cant save money if the money ur supposed to save is being spend towards a pub

I've been rich and I've been poor ... I don't think rich people can comprehend how difficult the struggle is. It's not about having to work, it's about having to work and knowing you'll still be broke no matter what you do. Not having any money for retirement, a car repair, sending your kids to school or paying rent. It's an endless hole that feels impossible to dig yourself out of. My recommendation for kids nowadays is skip college unless you know exactly what you want to do and you need a degree. And I'm not talking about being a social worker or some low paying job. Take courses at a community college while working part time, then transfer to a state school where tuition is less expensive, and live at home or get multiple roommates. Start investing when you're 18, even if it's only $10 a week. Before you pay rent, food, car, etc *PAY YOURSELF FIRST* (from Rich Dad Poor Dad).

@beloved-child

28 күн бұрын

I agree with everything you said...but that rich dad poor dad book is borderline scam. All that preachy financial philosophy crap to end up with "so....I got into real estate" Hardly different from "I worked so hard...... To network upper management connections into my ez do nothing bs 6 figure salary job...AND SO CAN YOU!"

@charliedallachie3539

14 күн бұрын

Great advice

@EldenLord00

9 күн бұрын

Exactly. I don’t understand the 4 year university that charges a crap ton for tuition. When community colleges are just as good if not better than universities.

I disagree with the sentiment that “rich” people shouldn’t be obliged to help poor people, especially when large enterprises or very wealthy individuals deliberately take advantage of lower social classes or design their products to be addictive (gambling, social media, high sugar foods etc to name some) That’s the whole point of how the tax system works, the more you earn the more you should have to contribute to society. The problem is how disproportionate the contribution is from each social class. People have obscene amounts of wealth while others are homeless, eating out of garbage bins. It’s not an easy system to fix but it should be fixed as it benefits us all as a species and it would contribute massively to our success as a whole.

@LuisFlores-mc2tc

17 күн бұрын

The taxes are spent horribly

@charliedallachie3539

14 күн бұрын

Yep, most people can live fine with a few million….theres no reason they can hoard 500+ million and pay the same taxes we all do. However if they do something useful like start a company or produce jobs that’s what tax deductions are for. Theres just too many loopholes and many are greedy using that money to buy mansions and super yachts etc

Its literally RENT!. All these apartments stacked around here going for $1800 1BR but jobs are only paying $16/hr. Do the math. Light bill, water bill, car payments, food, smartphone, wifi, home supplies. Its a huge finesse. And if you're a gamer with all that baggage, goodluck trying to save up for a gaming pc.😢

@GabrielBacon

Ай бұрын

Pay 2600 for a 3br and get 2 roommates. Boom, you just reduced your rent by $1,000

@milhouse8166

Ай бұрын

​@@GabrielBacon You are a GENIUS. Like seriously how did you get so smart??? 😮

@matthewharrington420

Ай бұрын

@@GabrielBaconwhat if your roommates are a 6 and a 7 year old? What then?

@atticusseverus

Ай бұрын

Or just another upgrade for that pc.

@Anudorini-Talah

Ай бұрын

My friend once said: and? Just eat bread for a month

Most people don’t care about money so long as they have enough of it to live a happy and fulfilling life

@chrismartino3519

Ай бұрын

i think I'm disagreeing with that.

@Keklmaololhehe

Ай бұрын

@@chrismartino3519some people are content with having food, water, and a place to sleep.

@googleisevil8958

Ай бұрын

@@chrismartino3519 I doubt the Amish are too concerned with money.

@chrismartino3519

Ай бұрын

@@googleisevil8958 you'd be wrong

@chrismartino3519

Ай бұрын

@@Keklmaololhehe content is not the right word.

No government official should make more than the average income of the state they represent

@finallychangedit4926

Ай бұрын

ive said literally this for 30 yrs XD. i think any politician should make the minimum wage of the state they represent.

@wesleywalker4162

Ай бұрын

Politicians should make a good wage. We want normal people to run for office, not just the rich and corrupt who don't need the pay.

@finallychangedit4926

Ай бұрын

@@wesleywalker4162 whats wrong with minimum wage...everything is comped for them, security, housing, food, school....wtf do they need 6 figures for?

@sweepauto

Ай бұрын

That and they should also receive the average level of healthcare insurance from the state they represent

@xplosive213

Ай бұрын

What a way to represent

Thanks for the shout-out and the thoughtful viewing. You got a smart crowd

@outsomnia

Ай бұрын

The legend himself! Thanks for this eye opening video and thanks for reminding me that i should study my ass off to make it as high as possible while i'm young. otherwise i might get stuck in a low income bracket and politicians will make it even worse in the future in fear of lobbyists and companies.

@Shahzad-Khan

Ай бұрын

You know what the elites say “you’ll own nothing and be happy.”

@axmaticvod

Ай бұрын

Smart crowd is overstating it

@JasonSchwartz51580

Ай бұрын

Woah, Woah... Calm down now, let's just calm down. "Smart" is a strong word.

@bashvash

Ай бұрын

No need to lie. No smart crowd here.

"The money is theoretical" I hear this a lot when people are downplaying how wealthy a billionaire is to me. Funny thing is, that theoretical money seems to spend ok. One of the reasons they want to keep it as theoretical as possible is the concept of "realized gains"

@smoothduck7151

Ай бұрын

It’s so frustrating man

@onba7726

Ай бұрын

The thing I don't think you understand in that is that if the stock market crashes most that 'money' stops existing. It's not cash, land, gold, or anything physical. It only has value because someone in the world wants it, and if that stopped most rich wouldn't be rich. They would even have problems selling that valuable property because who could buy it at it's actual value? It's a house of cards.

@midnull6009

Ай бұрын

Ah, autocorrect.

@Granger744

Ай бұрын

@@onba7726 yep, there's ~$2 trillion USD in cash but the US GDP is ~$25 trillion

@electricpaper269

28 күн бұрын

The vast majority of the wealth isn’t “spent”, it is invested into producing goods and services everyone else consumes. Invested wealth isn’t hoarded consumption. Taxing and redistributing invested welath doesn’t increase everyone else’s consumption, it destroys it.

"just pull yourself up by your bootstraps and work two jobs" mfs be real quiet right now

@chriskirk9708

Ай бұрын

remind everyone that France always kills its leadership when this stuff happens.

@ovxk1014

Ай бұрын

In 10 years when the last of The old people die off we won't have to hear that phrase no more

@breakupgoogle

Ай бұрын

The creature from jeckel island

@shaggysweetness

Ай бұрын

@@ovxk1014 Yeah we'll just hear whining and entitlement slogans then

@oilslicknl

Ай бұрын

"Pulling yourself up by the bootstraps" is a far more enticing prospect when you can provide for a small family and purchase a decent home. When you and your partner have decent jobs and still spent half your paychecks on rentz groceries and gas, the enthausiasm for work deminishes quite rapidly. People who say these things expect the same principles to work in an economy that is vastly different from their time. Its utterly detached from reality.

Wealth inequality isn't necessarily the problem, it's the erosion of the middle class. Wealth doesn't need to be evenly distributed as long as people on the bottom 99% are able to at least live comfortably and afford basic necessities.

@TheMrJeffYT

Ай бұрын

Wealth inequality is the problem, because when a few people own most things then you don't own anything, we live in a finante world. You don't have to equaly distribue everything but the reality is most people advocate against such concepts

@jhhwild

Ай бұрын

@@TheMrJeffYT Some people can own most things as long as most people can live comfortable lives. If wealth inequality gets to the point where too many people are unable to live comfortably then it becomes a problem and we might be heading in that direction if we aren't careful.

@TheMrJeffYT

Ай бұрын

@@jhhwild It's already there you and I don't experince it as much, but there are milions of other people who do. The problem is people don't advocate for change ahead of time and by the time reality catched up to them they have no say on the matter. The idea that some peopel can own most things is "kind dictator" mentality. That just simply doesn't exists

@jhhwild

Ай бұрын

@@TheMrJeffYT But people who are already happy and living comfortable lives don't feel the need to advocate for change because it's not a problem for them. In order for it not to be a problem they need to be kept happy and comfortable. If the middle class erodes and nobody is able to afford anything except the super wealthy then there might be a revolution. People are fine with other people being rich as long as they're happy with where they are at. I expect inequality in a free society where people can make their own choices. It's when too many people are unhappy when it becomes a problem, that's why I said the erosion of the middle class is the problem. Also it depends on who owns what, just because someone has a lot of money and owns a lot doesn't mean they are inevitably going to be a dictator. And I'm not advocating for extremes, I'm just saying a majority of people need to be kept happy and comfortable.

@TheMrJeffYT

Ай бұрын

@@jhhwild What are you saying is not releftive in reality, you can't give most of the power at the hands of very few and think there won't be a problem. You wish for a reality that simply doesn't exist and will not exist.

People always conflate "Household Income" with "Individual Income". Over 70% of households have more than 1 income. So the stats for how much money individuals in the lower and middle classes make is actually much lower (i.e. husband and wife combined make $120k but individually the husband makes $70k and the wife $50k, etc.)

I can't be the only one who see's the irony in watching a multimillionaire earn probably around at least $15,000 USD, by watching a 6 minute video that a random kid put together about wealth inequality.

@yiturlye

Ай бұрын

f

@6ic6ic6ic

Ай бұрын

You're all poor just like him. Hes comfortably poor and you are uncomfortably poor. That's the point. Theres no difference between him and you on that chart.

@slick3996

Ай бұрын

@@6ic6ic6ic there is 0 logic behind your statement besides being pretentious just for the sake of it

@UKickMeDog

Ай бұрын

No you're just missing the trees for the forest

@thomasthetankengine4834

Ай бұрын

@@6ic6ic6ic Not even remotely the same. The difference between living poor and being poor are opportunities. Asmongold doesen't have to worry when a sudden expense comes up. Asmon doesen't have to worry about how he is going to retire, or that a medical bill with bankrupt him. Asmon can grab a ticket and go anywhere in the world whenever he needs to. Even if he doesen't use most of his money, and he does use some, making/investing in companies like Starforge and OTK, he still has a financial safety net. The majority of worries in those people's lives are just abscent from his, as such he has more time, more energy, less stress. Even living as Asmon does, just by the virtue of having money to spare, he lives a completely different life. That's the point.

I think the biggest problem with wealth inequality isn't who has the money, it's who can make new businesses, and who has the will to do so. Because the really rich people don't have that money in a bank somewhere, they have businesses, stocks, and investments that make them more money. The internet has helped as more people find new ways to make businesses, but there is still a LOT of red tape keeping people from being independent from the major corporations. If there were more small businesses the wealth would shift away from the large corpos and there would be a better chance for the lower class to move up.

@DrawinskyMoon

Ай бұрын

If it wasn’t so hard to get a business going without so many regulations

@SherrifOfNottingham

25 күн бұрын

@@DrawinskyMoon The problem is people talk about regulations being the problem, but the easiest solution to the problem of small business being crushed by these elites is to HAVE regulations to protect small business. It's just that those elites are the ones making the regulations designed to crush those small businesses. People like to see regulations as a universal bad, but the reality is regulations can be a good thing too, it's the specifics of the regulations that are important.

The sad part is if you took ALL of Elon's net worth (~185b), liquidated it, and dispersed it evenly to everyone in the US (~350m?), we would only get ~$528.57 and then everyone employed by him would become unemployed.... doesn't stretch out very far

@FantomMisfit

Ай бұрын

That's almost 2 weeks pay for me ill take it

@beloved-child

27 күн бұрын

@@FantomMisfit you make 260 a week? Minimum wage less than 20 hours?

@FantomMisfit

27 күн бұрын

@beloved-child 300 a week 1200 a month. Pay is very low in my state Edit: I did say almost

@the_expidition427

26 күн бұрын

The money concentrated are what make things happen

In France in 1789, the top 10% of society controlled 90% of the wealth, and paid 10% of the taxes taxes, while the other 90% controlled 10% of the wealth, and paid 90% of the taxes.

@chrismartino3519

Ай бұрын

let them eat cake

@tatersncorn

Ай бұрын

It's either reform or revolution, baby

@kukuki5000

Ай бұрын

So it is fair? Who uses tax money - everyone, roads, schools, police, etc. So if 10% pays 10% taxes and 90% pays 90% that looks fair.

@Tespri

Ай бұрын

Wealth isn't fixed

@budgetking2591

Ай бұрын

@@kukuki5000 No, you forget the fact that the 90% only owned 10% of the wealth, so ofcourse its not fair if they pay 90% of taxes, luckely the revolution also didnt agree, they cut the kings head off.

So some fun facts, in 1950 the top tax bracket was 91%, today it’s 37… The average income was 3,300 a year and the average home costs 7,400, so just over twice your income. Today the average income is between 60-75,000 a year depending in where you look, and the average home is 350,000-490,000 depending in the source so 6-8x’s your income. The CEO pay rate was roughly 20x’s average in the 50’s, 40x’s average in the 80’s, 120x’s average in 2000, and 250x’s average today. When people say back in my day we used to xyz, well F them, because you could work at a Kroger and feed a family of 3 and pay for college.

@gildias2556

Ай бұрын

Well to be fair I bought my home under trump only for 150k. Very nice decent space. now under Biden my home would cost 400k Maybe we need to think about who we are putting in charge of the economy for this next election....

@vKross

Ай бұрын

yeah the average income back then, in today's money would be 171k whilst we are currently making 77k on average, so not even half the money they made, this is calculated with taxes, rent prices, food prices, etc. included, so we work the same, for less than half of what they used to pay, it just sounds bigger, but isn't.

@JonLaRue

Ай бұрын

@@gildias2556 you got some false associations tied to the person in office and the price of real estate.

@s.muller8688

Ай бұрын

@@vKross this has been shown over and over again, the same people who deny it will keep ignoring it, the people who see it are not capable or willing of changing a damn thing about it. The appeal to authority in many is simply too high.

@N0stalgicLeaf

Ай бұрын

@@JonLaRue Correlation may not exactly be causation but you are talking about political actors setting policies that affect every aspect of your life. If you don't think everything has gotten more expensive in the last 4 years, brother your eyes aren't open.

The problem with rich people is that they dont stop being greedy.

@MsFallenPrime

Ай бұрын

If only poor people didn't waste all their money and instead start to invest in compounding returns too.

@roastbeef4918

Ай бұрын

@@MsFallenPrime spoken like an entitled woman who gets special hiring treatment.

@daMillenialTrucker

Ай бұрын

​@@MsFallenPrime not everybody comes from positive circumstances that allows them to build their self worth or even give them the mental capacity to feel like they should chase increased self worth. Regardless this country is cooked and apparently so is 70% of its citizens, gg's

@MsFallenPrime

Ай бұрын

@@roastbeef4918 On the other hand, I'm a proud white man.

@roastbeef4918

Ай бұрын

@@MsFallenPrime 😂

As a Chinese national who graduated from Cornell University and hails from a family whose wealth surpasses the top 1% of US standards, I swiftly returned to China upon graduation, alarmed by the rapid deterioration of safety in America. I've often pondered why affluent individuals in China don't adopt the facade of left-wing liberalism. Perhaps it's because the Chinese people have firsthand experience with genuine communist movements, comprehending that true leftist ideologies entail the confiscation and elimination of wealth, rather than merely serving as self-congratulatory slogans for the affluent.

@aliceyingshan2725

3 күн бұрын

In a country if you make the wrong move, you can go from level 5000 out the gate of the womb to -5000, there's a lot of stakes in the game and everybody knows it. If the game's setup is somewhat believable that anyone can make it from -5000 to 5000 if they just work hard enough within multiple generations, there's at least some room for hope that if you die trying your family line might make it.

another thing is it's fucking expensive being poor. not being able to buy in bulk, always have to loan for bigger expenses.

@Tespri

Ай бұрын

you think rich people buy things in bulk? XD

@levikirkland54

Ай бұрын

Take a credit score for example. You have higher interest rates the poorer you are.

@milhouse8166

Ай бұрын

​@@Tesprithat's just one example, but usually when you can afford the better "thing" it actually saves you money in the long run.

@marinacroy1338

Ай бұрын

If I have less than $1500 in the bank, my bank charges me monthly fees. If I have more than $1500, no monthly fees. Its literally a charge for being poor. Plus, paying rent for a studio apartment in my area is about $1700/month. My parents monthly mortage payment and bills on a 4 bedroom house is $700. And its not like its paid off, they still owe quite a bit on it cause they refinanced during an emergency a few years ago. Make it make sense.

@vKross

Ай бұрын

@@milhouse8166 Was always told that with work equipment, and it's true for most things, you just gotta do a little research and evaluate how much you use something, and if that amount justifies a expensive option, or if you are better of with a cheap option, as cheap options CAN be good enough.

the problem is modern monetary policy, a fiat currency backed by debt and the federal reserve which is neither federal nor a reserve

@TheMrFellaTV

Ай бұрын

The problem at it's fundimental stage is private ownership over the means of production

@Sleeptastic

Ай бұрын

@@TheMrFellaTV Everyone being enslaved by the government is a worse problem than wealth inequality

@JasonSchwartz51580

Ай бұрын

Best Comment.

@cavalieroutdoors6036

Ай бұрын

​@@TheMrFellaTVthen explain to me in detail why the Soviet Union fell, China is still lagging very far behind any country that has allowed private ownership of 'the means of production' and only started to dig it's way out when it reversed course on that, and why Venezuela and Cuba are stuck in the 1990s and 1940s respectively if private ownership is so terrible. I will wait.

@TheMrFellaTV

Ай бұрын

@@cavalieroutdoors6036 Dis*co*rd?

I just don't see how Asmond could watch these two videos back to back and come off the second video saying 'Things are pretty good now' Feels almost like willful ignorance.

@inuendo6365

Ай бұрын

It's the same attitude most working US adults have. Doesn't matter political party, location or type of job, as long as the false narrative that "the US is the best" and the individual is "free" to succeed or fail, hardly anyone does anything

@Antspray1

Ай бұрын

He has money of course everything is great right now for him. It's been a long time since he had to experience being broke.

@siema14123

Ай бұрын

Theres no way you think todays times are bad compared to WW1 and WW2 buddy. Black people were walking on a leash, poor people were walking on a leash, women were literally objects, police was fake. You could get drafted and die in some random war at any time. Its not comparable

@SarcasticData

Ай бұрын

He has the luxury of being too rich to care. He's immune to the struggles 98% of people have and that forms a bias that distorts common sense.

@siema14123

Ай бұрын

what he meant is that its wayyy beter than it was before, but still not perfect, a lot of room to improve, but overall its not bad

The average annual income in the US is like $78k, but when you ignore the top 1000 people, that number becomes like $36k

South Koreans protest like crazy. There’s a place in Seoul that’s kinda like Times Square where different groups protest several times a week

@npcimknot958

Ай бұрын

Ya like non stop. Seems uselsss

@henrycrystal9740

Ай бұрын

that sounds so sad and so funny at the same time

@abdelarch8038

Ай бұрын

France has regular car burnings but the latest one was flat out ignored

@TimesUp8888

Ай бұрын

Sounds super fun.

@Merkdawgm16

Ай бұрын

They have been having protests for decades. Nothing new in South Korea.

Chuck Schumer himself talked about literally forwarding citizenship towards illegal immigrants as to boost American prospects as we are in decline with families, so instead of tackling issues with no one being able to afford homes, vehicles, children and more. We’ll just mass import, that seems to be the solution. I have no care for income inequality IF I could afford those things, I don’t need to be rich. I don’t need to have luxuries, but those aren’t supposed to be luxuries. The “American dream” is dead and we’re just constantly decaying away

@americancapitalist9094

Ай бұрын

Gotta wonder how all this ends. Especially with the drastic increase in illegal immigration of people who don’t care about our culture, customs and laws.

@TrackMediaOnly

Ай бұрын

I'd say it is less not tackling it and more causing the issues and then replacing the populace when enough try to push back on that narrative. Many of them purposely killed the American dream and don't like to be opposed on that.

The main reason why those protests are more common in the West is individualism. If you almost everone don't want you to disrupt society, you are less likely to protest. And i don't think those protests are because of Christianity when most of those protesting hate Christianity.

people are always willing to get a job and work hard, but it's more about how there aren't enough opportunities and how the upper 0.1% is gatekeeping a lot of those opportunities. The stock market is growing but the job market is not great... government really need to regulate these mega companies from gatekeeping resources and stealing away opportunities.

I’m a disabled USAF vet on pension, I get about $1100 a month for breaking my back falling with a box of potatoes. Yeah I was a cook, nothing special. The VA won’t cover shit for medical, told me a torn rotator cuff from SIRVA wasn’t service connected so no coverage. I wouldn’t treat my worst enemy as badly as my government has treated me.

@gambeanoo

Ай бұрын

People got to eat man, appreciate your service 🫡

@dustinliam7878

Ай бұрын

Exactly why it's a terrible idea to ask the government to redistribute wealth in a "fair" manner.

@ShiftyRightNow

Ай бұрын

Your injuries are NEVER service related 🙄 ffs I was blown up in a IED attack and have been told my bad back and shrapnel in my hip are not covered because I'm actively working (my own company lmao). Whatever..

@urduib

Ай бұрын

When American politicians use my country Denmark to say we are socialist and have high taxes. Always remember that 90% % of taxes goes directly back to the citizens through social security education and free healthcare. (The correct term is actually capitalist socialist country) Makes me so mad hearing about your situation. Also mind-blowing that Israel have free healthcare and education paid for with American tax dollars.

@encompassthyeclipse7278

Ай бұрын

@@ShiftyRightNow that’s criminal that they didn’t retire you man, I’m so sorry. Should have gotten tax exemption and everything in my opinion at 100%. Thank you for your sacrifices, brother.

A huge event transfer was covid.... which was what the poor masses screamed for. Then realize most of the top 10 wealthiest counties are around DC

@Justdont693

Ай бұрын

That was a big one. The reality tho. this has been happening for the past 70 years. Look up “purchasing power of the American dollar chart” Straight down for 60 years. If anyone can show me where on that chart any party has done ANYTHING positive to change that graph. I will vote for that party.

@bullseyebulldog8001

Ай бұрын

The black swan event

@breakupgoogle

Ай бұрын

It was called the cares act. Only thomas massie tried to stop it

@ah5836

Ай бұрын

yes. Covid lockdowns were the single greatest transfer of wealth from the poor to the rich in the history of Earth.

I can answer the S.Korea part. S.Korea is very hemogenous. People have a strong sense of social conformity. So protesting happens publically but its very organized and a very public social event, like a concert would be, and not destructive or intrusive to others not involved. The focus is the message while respecting other citizens not involved. Compared to the West were everyone protesting has a personal individualistic mindset to why they are protestest and often its for someone who they don't identify with and tainted by people wanting to "Virtue signal". Blocking traffic, throwing stuff screaming at everyone. And People wonder why their movement gets little sympathy. The best example of mass protest in S.Korea is the one when we ousted President Park Guen Hae. Literally we removed a president just by protesting. Although millions of angry people in every city all over Korea were protesting, no one got hurt including the police. People actually brought food for the police and respected they are just doing a job. In the end, the police left people alone and people kept angry aggressive protesters from taking over and keeping them in check. It was sucessful and our president got removed. Just watch the videos on youtube and the scale will amaze folks how big it was.

No one would care about the wealth distribution being so fucky IF people at the low end could support a family, pay their bills on top and not be one 500$ car repair away from being homeless.

Nothing is going to be done. Everyone is going to keep going to their two 40 hour a week jobs. Coming home, eating McDonald's and sitting on their fat asses until its time to go to bed and do it all over again. They will watch videos on wealth inequality and say what needs to be done while waiting for someone else to do something about it.

@ivansalamon7028

Ай бұрын

Until us plebs are so existentially fed up and down in the gutter that action has to be taken. I think it's going to happen. Just not how or when.

@RedEverything

Ай бұрын

Not all of us are NPCs / Normies

@horuslupercal392

Ай бұрын

That's until the McDonald's goes away or until they can't afford to eat. People are 3 square meals away from atrocity.

@Max_Ohm

Ай бұрын

@@horuslupercal392 lol I don't think people are even one meal away from atrocities if you take a look at New York City

@googleisevil8958

Ай бұрын

The real problem is that people will then put their hopes and dreams into politicans who'll say nice things and make big promises then never deliever or fold when they get into office. It happens all the time and people don't seem to have enough energy to actually hold their politicians accountable. Instead all you hear these days is "Vote for me and not the other guy! He's Racist, homophobic, transphobic, etc." Social issues have been hijacked and used as a distraction to get idiots to vote for politicans who'll sign bills into law recognizing 56 genders but won't do a damn thing to fix problems we're having with wealth in this country.

i make decent money. cant get approved for a mortgage on a median priced house. the system is so fucked

@Gunnumn

Ай бұрын

You can always take advantage of first time gome buyers programs if your credit is really good. Its different in most states but i live in Massachusetts, the most taxed state in the country, fronted me 15k for a down payment for a condo. My credit was 810 and the grant was 0% interest. I also locked my condo at 6% interest so its probably much higher now. Anyway, even if the times seem bad, build credit and pay bills and i gurentee that in time you'll land. Just dont rent, thats the scam in my opinion.

@pokemonfan2630

Ай бұрын

​@@Gunnumn the government owns you and your house

@laugh_n_share_life

Ай бұрын

@@DJPoopMusic well done, damn

@Intestinal_Gases

Ай бұрын

So if you get mortgage the system is good right?

@vexdestiny1994

Ай бұрын

​@@DJPoopMusicbro what do you do for a living lol I need to know

Asmon - your take on "Christian's being in a victim mindset" - is completely wrong. In fact - it completely dismantles the victim mindset, because we believe in the sovereignty of God. Which means, there are not victims, in the same way you described your understanding.

A Christian culture is not one steeped in victim hood what supports that? It also doesn’t promote virtue signaling, it’s literally the opposite. We are taught that if you want social gain for good deeds you are not rewarded by God as you have already received your reward.

@tesladrew2608

Ай бұрын

I think he meant that view that people are naturally evil or something, I don't remember where he said that

@tesladrew2608

Ай бұрын

Also the church I went to absolutely had a victim complex, acting like christians are being persecuted here lol

I liked this, but the discussion about luxury beliefs is more nuanced than presented, which is ironic considering how the opposing side is presented. The big problem there is legitimate issues being co-opted by the privileged ruining the original message by taking the issue to the worst possible extreme. Defund the police wasn't originally about having fewer police officers, but redirecting funds to social service programs so police wouldn't be the only option for dealing with mental health issues, but the message got co-opted by idiots and here we are. Same with the Palestinian rights protestors. There's a lot of complexity to this issue, but people like to be presented with simple answers for complicated problems.

@unpopular7230

Ай бұрын

That's why these conversations frustrate me when it's someone who has a leaning. There's practically no nuance as long as their core beliefs are highlighted. The best convos are with someone who is actively trying to get to the bottom of it rather then saying, "I'm going to agree with this"

@rachelnoll6656

Ай бұрын

I am from Washington state. Defunding the police to fund social services is a BAD IDEA. We tried it. Don’t do it. Crime has gone up more than 25% statewide. Where I live specifically… 89% of the county is safer than where I live. We are #8 out of all states for crime. If I call the police, no one comes unless someone is SHOT. If you want more social workers, fund that, but don’t DEFUND THE POLICE! Give them more money!

@TrackMediaOnly

Ай бұрын

You are wrong on that, it wasn't co-opted. Some later wanted to change a unpopular narrative and said that wasn't what was meant while other that were the first to push for it didn't care. Many specifically said they wanted fewer police officers when other started saying that isn't what was meant. They were saying that all the police did was oppress minorities. You might mean/want something different, but don't expect others are saying the same thing. Especially when they go as far as to say that is what they meant.

@mizark3

Ай бұрын

@@rachelnoll6656 Umm we can pretend we tried it (also from Washington), but we have far far far far far too many homeless to even think we gave an honest effort. It was partially sandbagged by the corrupt Seattle Police Union, and we got 0 meaningful social aid for homeless shelters or other forms of housing. It's like an alcoholic going into a bar saying: "if I drink enough to puke, them I'm staying sober", it is a false effort being put forth, then throwing our hands and saying "well I guess we tried".

@ssShockRyder

Ай бұрын

If the police department has 90 officers all being paid 100k a year and a equipment cost of 1 million thats 10 million a year If we are to remove some funding by 10% and transfer it to another group . we are now 1 million short on the year and the only way to make that up would be to remove 10 officers . You now have 80 officers . How could defunding mean anything else ? You can't pay them less not when you expect them to risk life on every domestic call or traffic stop . sure you might be able to get rid of some gear but not enough you would still need to get rid of a min of 8 officers and then really penny pinch on gas and parts for the patrol cars , and all the other little things used on a daily shift . I just can't see how anyone with a working mind can't see that defunding would mean less . I live in a high crime area i can't think of a single thing a social worker would be able to do without also having police there to protect them so then instead of 2-6 officer on a call you have 2-6 officers and 1-2 social workers ? nothing about that says less funding in fact it says more funding .

I'm French, and I'm astonished by how much money the rich have in America: according to this chart, to be in the top 5% in the USA your net worth needs to be around 2.5 million dollars...guess what, that's how much money you need to be in the top 1% in France, in Germany, in Spain, in Italy...and those aren't poor countries, as you know (although they do lag behind America for sure, proportionally) And yet, at the same time, the median net worth in America is inferior to all the countries I just mentioned. There's something really really wrong here.

@Arizona-ex5yt

Ай бұрын

Your country will be Muslim majority in 40 yrs. Then you'll see what real poverty looks like.

@jensenraylight8011

Ай бұрын

tbh, it's not about Wealth inequality in US, it's more about Anti Competitive. because it's not like Jeff Bezos or Bill Gates had $1 Trillion in their Apple Pay, in japan, there are ton of Subcultures thriving, and some people can make enough money for a living from creating a Niche Food, Clothing, Electronics alone, catering to the locals and build a strong fanbase. there are Millions of Niche can coexist alongside the giant, but in US, the trend is more toward Consolidation, the Big eat the Small, if there are a strong Small player emerge, they will get Eaten by the Big companies in no time therefore the chance for you to create the next Amazon, Windows, Instagram, Google, is close to zero., the chance for you to be a "self made" success is lower than the chance of you to win a lottery, now, the only options is to leech the big companies and earn from their droplets meaning that the wealth is accumulated by only a handful of companies, instead of distributed to Millions of Companies

@zomberkay

Ай бұрын

Are you from Paris?

@valaquenta220

Ай бұрын

@@zomberkay I'm from Lyon !

@iRunKids

Ай бұрын

It used to be the opposite but our corrupt politicians hollowed out the middle class via deindustrialization, offshoring, and destroying the value of our currency (inflation via monetary expansion). When your entire economy is held up by the government’s money printer then the people who get the newly minted bills first become the winners and everyone else loses.

This video is blantly wrong about Christianity. God(and Bible)preaches to love oneself because God has forgiven them for their sins. True Christianity is about loving oneself and others,and following in Christ footsteps. It is not about self victimizing rather it is about staying strong in hardships and having a hope for the future.

As a data scientist, only thing I can say is: while this problem is definitely true and real, the graph he conjured up is hilariously scaled to make the problem look a hundred orders of magnitude worse than it actually is. Irregular step sizes for medians as well as using medians of miniscule sample sizes (especially those of plucked out of a set of existing outliers) is nothing but a trick designed to make a whacky stretch of the graph's y-scale. In fact, would argue that any wealth graph with a step size anywhere near that small should be a cumulative distribution graph. I don't see a world where this could be seen as anything but deceptive.

@quest4rings400

Ай бұрын

Interesting if u could create your own version of the graphs that would be amazing.

@jonathanstone4878

Ай бұрын

Not to mention liquifying assets is stupid as a metric. Who's going to buy their panting's and exotic cars if all the rich are losing their money? Elon cashed in some of his stocks and Tesla prices dipped hard. If he tried to sell out it would collapse the company and millions of investors would sue him for losses.

One problem, the tech billionaires net worth is not exactly liquid nor would they be anywhere close to the top if they just started dumping their stock on the open market. A.The stock price would hard crash. B. The investors would sue. B.

*We could have stayed in Los Angeles, CA, but my Best Friend and I decided to move back to Japan and get full-time jobs. We were able to be promoted to Retail Store Managers in four years in our town. We put our income together to buy a nice two bedroom House for ourselves. Now we’re housemates working to pay off our home and being Writers / Musicians KZreadrs on the side.* *We would NEVER be able to achieve this in the USA, as much as we like it there.*

@jessepaynter3752

Ай бұрын

Have you considered not working retail? It's the worste paid job type. Respectfully try anything else.

@UpYourArsenal

Ай бұрын

You would be more successful in the USA if you could be bothered to actually try. Your post states you were too lazy to succeed even in Japan, sharing a house with a friend is not success

@GUOMENTAREVIEWS

Ай бұрын

Why are you writing bold?

@MelRetro

Ай бұрын

@@jessepaynter3752 It's retail in Japan. I'm a Store Manager for a Garden Store and Rina is a Store Manager for a Beach Store. It's bearable in Japan. 🇯🇵

@MelRetro

Ай бұрын

@@RinaRetro We stick together, we'll be fine like always. ❤

US printing on average $ 7 650 000 000 per DAY (!!!!!) for the last 4 years. This affect in a really bad way not only americans (inflation and other shet) but people all over the world. You need to stop guys.

@tesladrew2608

Ай бұрын

How do you even track that lol

@yalmeme

Ай бұрын

@@tesladrew2608 the increase in the national debt over the past 4 years, divided by 1460 days. this is not 100% accurate, but it shows the general situation well.

@tesladrew2608

Ай бұрын

@@yalmeme how much did it print during Trump's admin

@echochamberdweller8403

18 күн бұрын

35 trillion in debt which is 267k per tax payer and politicians still running on social justice issues.

The kind of "activist" behavior that's popped up has come alongside an increasing number of people labeling themselves as agnostic or atheist, so I doubt the victim mentality has anything to do with Christianity.

@stanleyclark923

Ай бұрын

Asmon just like dumping on religion and he's too cowardly to pick a different one. Of course it has nothing whatsoever to do with Christianity.

“That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.”

@tesladrew2608

Ай бұрын

Easy for a bunch of rebels to justify

@the_expidition427

26 күн бұрын

Always will be

The problem with very rich people is that money becomes leverage. Thus, a rich person can strengthen his position through lobbying, laws, and regulations and earn even more money. One option to make more money is to cut costs. People can be paid less, people can be forced to purchase certain goods. Also, if you are rich, then you don’t have to pay taxes, and, as a result, society will not receive repairs to roads, schools, and hospitals. How can a very rich person not pay taxes? Easily. Very specific forms of company registration easily allow this to be done. If you compare your tax burden and Elon Musk's as a percentage of income, you will find out that you pay much more as a percentage.

@_B_B_B

Ай бұрын

Do you know exactly the difference between income, profit and total enterprise value? It is clear that taxes should be imposed not just on property, but on the income of companies and personal income. The problem is that most of Musk's income will become funds, trusts and companies specially registered so that he will not pay tax on the income. Formally, he will have no income. It is also important to understand that the concentration of money and power leads to the monopolization of markets, the formation of cartels and the like. A simple example. In the USA, a chicken egg must be washed, dried, and transported in a refrigerator. It should also be on the store shelf in the refrigerator. In the European Union, eggs do not need to be washed. No need for refrigerators. Why is this so in the USA? Because large companies pushed through regulations. This leads to the fact that they destroyed competition at the legislative level. Now, in order to start producing eggs, you need to organize a very complex technological process, which costs a lot of money. This means that new competitors are unlikely to appear in this market due to the high entry level. Small producers will simply be destroyed because they will not be able to afford such costs. Accordingly, a small group of large companies provided themselves with minimal competition in the market. The consumer now pays more because there are additional costs. Also, large companies easily receive tax exemptions, market protection, and so on. It is worth looking at the bans on importing cars into the United States and the duties on these cars.

@TheMrFellaTV

Ай бұрын

You blame to much on regulation and not enough on how ownership works Regulation that gives the power to the workers in form of unions is good and ones that ensure you won't be exploited But if someone own the company they can just go around regulations or make their own regulation that will benefit them

@finallychangedit4926

Ай бұрын

@@_B_B_B well said. i agree.

@_B_B_B

Ай бұрын

@@TheMrFellaTV There are problems in the USA. Two party system, electors, legalized lobbying. This is corrupting democracy. It is worth paying attention to the experience of Switzerland. How many direct federal referendums have been held in the United States? There are hundreds in Switzerland. The law is directly approved (or not approved) by the people. Federal governance. High degree of decentralization. High quality of life. Excellent social guarantees for the poor. Excellent affordable medicine. One of the best public transport systems in the world. And broad firearms rights. And no school shootings. Switzerland.

I already believed this to be the case for a long time but didn't have a way to express it, and "Luxury Beliefs" encapsulates it perfectly

Luxury beliefs stem from people who have never faced any sort of adversity. These are the people who are completely liberated from every form of physical and psychological stress. Their parents raised them and allowed them to do whatever they wanted and gave them everything they wanted.

If you and your spouse aren't making $150,000-$200,000 a year collectively, you probably aren't getting any sleep at night. It's messed up, any 40 hour work week should give you the opportunity to live comfortably.

@GabrielBacon

Ай бұрын

If you spend 40 hours working and generate $1,600 for the company, how can they possibly pay you $150,000?

@Devoted96

Ай бұрын

Dude... I live in San Diego... I make 180k and my wife makes 100k. After taxes it's nothing. A single family home priced at around 800k is roughly 7k a month including property taxes, etc. My wife and I don't make enough to afford it... If one of us lost our job we'd be fucked. You need to make imo 500k+ in San Diego to be truly financially stable.

@Xamdify

Ай бұрын

⁠​⁠​⁠@@GabrielBaconif you look at corporate America you will see that the huge middle management group is generating negative value to the company compared to their income… workers are the income generators not management, most companies in my country try to keep their management layer small to keep costs down.

@saltycarl6581

Ай бұрын

@@Devoted96 born and raised in CA, as soon as i get the money for the condo my exwife and i bought im leaving. shes stuck here because she works for the state and its too good to give up. if you were making even half of that before 2020 you messed up, we bought our condo in 2020 for 265000. its worth 430000 now and every single day in 2020 i was looking at condos and bidding.

@knuteknoll6747

Ай бұрын

@@FirewynnTVwhy is your tax return so high though? Thats money that you cant use for investments, or make interest on it

Way off on the Christian stuff, best example I can give you is Central and Eastern Europe where none of this flies. In the US people are simply just not getting punished for doing dumb stuff. They lead lives where they don't ever have to think about consequences. Also very warped perspective on freedom of speech in USA, where you get censored or slandered for saying anything that goes against established political viewpoints, both by the government, by media and by corporations - this is not actually a thing in the rest of world, not even in Western Europe.

To be fair, I live outside of Philadelphia and pretty much everyone I know makes over $100,000 a year. In my area that is sort of lower middle class. 95% of people if they just worked a lot would be doing just fine financially. The only factor that I think could change this is a medical emergency, that can definitely bankrupt a family. I just paid the hospital $49,000 to have my daughter's appendix removed, it was a 15-minute surgery and we were only in the hospital for a day and a half. That is criminal.

@EldenLord00

9 күн бұрын

No insurance ?

Your Christian take is WAY off. If that was the case, self victimhood would not be an issue now that the country is less "Christian". We have hundreds of years proving that is not the case. Society as a whole was far more behaved the further back you go, which is even pointed out in the video on how protest have evolved. Just look at how language and clothes have changed in the last 50 years... what was acceptable in public 50 years ago, or 100 years ago, versus today where we are a day away from complete anarchy. Now that society is was less "religious" and protesting is way less sincere, but more a job or propaganda gig by corporations and governments... ie less moral or ethical, we see more victimhood... which let's be honest, even that is BS. People just want to do what they want to do without consequences and it goes no deeper than that. AND without discipline, they "become a victim" to everything they have to do or are being told to do by parent, or society, or the government, or the police.....

Imagine if the concept of 'old money' could be solved. It's almost as if the entire economy system would suddenly return to trickle down economics. Oh wait, everyone who can solve it is on the right payroll.

@Erowens98

Ай бұрын

Old money itself isn't necessary a problem either. Funnily enough, in Europe where income inequality is among the lowest in the world, old money makes up a much larger portion of the wealthy than in the US. The problem is giving old money more political power than average citizens. In the US, the ability for the wealthy to influence politicians is much higher than in Europe.

@fdosufsachsen1727

Ай бұрын

it was solved till the 60s... and you would kow but your capitalism drestroyed all your schools :D

@TheMrFellaTV

Ай бұрын

@@fdosufsachsen1727 What do you mean defunding schools and privating everything would end up badly for us the people

@nilloc93

Ай бұрын

most generational wealth families lose it within 3 generations. Also what is wrong with 'old money' why can't family lines attempt to secure a better future for themselves?

@JasonSchwartz51580

Ай бұрын

@@nilloc93 Because "envy" that's why.

The system is rigged to keep poor people poor and rich people rich. I am sure everyone knows that. Still, there are pathways to move from one economic tier to a higher one. No, it's not easy or fair. Infact, if you grew up in lower class on government assistance you could spend your whole life just making it to lower middle class if even that. My sister and I grew up in a single mother house hold on welfare. Now, she owns a house and is a executive at a small company. And she did it the hard way of working multiple kobs while doing community college. I cheated, joined the military and would be living debt free if not for my wife's student loans. Neither one of us are rich but we are living better than our childhood. I also grew up around a lot of people who complained about how unfair life is. They are still poor. The system is not fair. Life isn't fair. Do something about it.

@Birdzlitlehelpr

Ай бұрын

Yes, in fact it's so rigged that a foreigner from Africa would absolutely never become the wealthiest man in the united states. In fact that would just be ludicrous, and this person would certainly never own tesla, spaceX, and neuralink...

@GordyKrunch

Ай бұрын

GFY

@atorres11720

Ай бұрын

How is joining the military cheating? That's harder than anything else said.

@Isythos

Ай бұрын

Yes you can do something. But you got lucky someone could do what you did and end up with nothing. You sound exactly like the pull yourself up by your bootstrap lot. This is a country wide problem problem that needs to be fixed. I’ve got mine does that mean we shouldn’t fix it ?

@Tespri

Ай бұрын

Objectively false. Social mobility is higher know than ever in history of humanity.

lets say 5 trillion dollars were evenly distributed among the ~340 million American people. Everyone gets 14705 dollars. Most people would lifestyle inflate and be back where they started.

For the Christianity segment, what has happened is a lot of “prosperity preaching” where the biggest “victim” gets the most reward. The Bible has taught me that a lot of things are out of my hands. Yet, I still have autonomy of my life and need to own it.

@SarcasticData

Ай бұрын

You don't need religion to understand that some things are out of your control. It's not a hard concept to grasp.

@tesladrew2608

Ай бұрын

​@@SarcasticDatalol this

i live below poverty level. i have a lot of chronic illness that doest get covered by insurance for treatments, so i basically am doomed to waste away since i am too ill to hold a job. it sucks going from top 3% of most intelligent grads in hs and college, getting ill at 20, then getting NO HELP. disability only pay us like 950$/month, have to live in rundown apartments "for disabled people" (no they do NOT keep them to code). i get under 100$ in foodstamps. it's horrific that the usa doesn't at least attempt to take care of its people and help them get a foot up out of poverty.

@finallychangedit4926

Ай бұрын

mexico doesnt give any gov assistance at all. if you dont work, you dont eat.

@NicholasAdamDemonte

Ай бұрын

Can you elaborate as to what your illness is?

@finallychangedit4926

Ай бұрын

@@NicholasAdamDemonte an iq higher than my bodyweight?

@spiculicious

Ай бұрын

but i'd say my ncs/POTS is the worst which makes me forever dizzy and faint. like actual fainting spells and lots of stuff that triggers that. it's also hard to know how i'll feel from minute to minute. sometimes i can seem "more fine" and then have a bad faint which makes me ill rest of the day. some days i am bedbound. hope that answers your question a bit for a couple my illnesses. (oops i just accidentally deleted most the text, oh well. just touching on one illness lmao)

@TheMrJeffYT

Ай бұрын

I wander if you vote rep then

The predominant religion of north america is "american Christianity", not Christianity. This is a different brand of Christianity compared to Christians in the east.

@GordyKrunch

Ай бұрын

Most people who call themselves Christian aren't saved, inside AND outside America.

I like how 25 seconds into the video and Asmond already became Thanos.

People don't realise how much damage is done when you allow all these people to live to ridiculous ages. They are contributing nothing, costing a fortune, and hoarding wealth. Then, because they own most property, it inflates the cost of living for others. We need an age limit.

This is how the system was intended shh go back to your distractions

@johnny2598

Ай бұрын

More alien news

@promethiac2641

Ай бұрын

It's all about leverage and compromise...

People could deal with inflating prices on consumer goods, or with higher prices of housing (Rent/Property Values), but we cant deal with both.

This guy has the same idea as me, he calls them luxury beliefs, I call them the results of extreme privilege.

The fact that there's no money for ordinary hard-working people to buy a house and support a small family anymore shows there is something absolutely rotten in the core of our political system.

I really disagree with the decriminalizing drug take. The way it was implemented does not accurately represent the core beliefs of the idea. The core idea of decriminalizing drugs was to give people help through court ordered and government funded rehab facilities rather then sending people to jail over drug related charges. The idea is that if we help people rather then force them into the criminal process then we would have far less repeat offenders. The way it has been implemented by taking away the police’s ability to arrest or detain someone who is suspected of being under the influence only furthers the issue of addiction. We were supposed to help people not turn a blind eye to them. The way it was implemented seems to only serve as a means of delegitimizing the actual argument that might save lives and solve problems.

@VanLee-nf6tk

Ай бұрын

You know the old saying of the horse and the lake... Some people just don't want the help either way. They see the current implementation as a free pass

@SarcasticData

Ай бұрын

To be fair, a lot of the opposing views were misrepresented so they could be easily knocked down to make their point seem stronger.

@S.Senara

Ай бұрын

@@VanLee-nf6tk yes but there is a difference between leading a horse to water vs a drug addict to needles.

@youngbouyoub2696

Ай бұрын

@@SarcasticData Most of that video was anecdotal

24:32 That is beyond the pale of ignorance. There are hardworking Christians and Christians who are slackers. There are hardworking non-believers and non-believers who are slackers. I was with you up until you began to make generalized statements.

You said that the billionaire's money is theoretical. Bro, all money is theoretical. It only has value because you believe it has value. There is no intrinsic value to money in a fiat system

@cosmodradek

20 күн бұрын

In any system whatsoever. Gold has just so much intrinsic value as a piece of paper does. Which is zero.

@a.nonimus6705

16 күн бұрын

@@cosmodradek Gold has value. It's used as a conductor in electronics. It has literal tangible value. What are you talking about?

@cosmodradek

15 күн бұрын

@@a.nonimus6705 Value is a quantity, not a physical property. It is not tangible by definition. Gold has utility just like a lot of other things, including paper money. Oxygen is good for me because it is needed for me to breathe. It is absolutely useful, but it has no economic value whatsoever.

@a.nonimus6705

15 күн бұрын

@@cosmodradek The term value, in economics, is a measure of benefit provided by particular goods and services. Is there a benefit in gold? Yes, there is a tangible benefit, it is used to make electronics. Therefore, by virtue of it providing benefit, it has value. I think you should go study economics before talking about economics.

Americans have a really strange idea of what wealth is. Wealth is not a finite amount shared between a population. Just because someone has billions doesn't mean everyone else has less. Usually it's actually the opposite.

@SarcasticData

Ай бұрын

You must not understand the concept of money and what it represents. Wealth is 'shared' (if you want to call it that) between a population and there's even a word for that: Economy. If money was not a finite amount, and it was instead infinite, then it wouldn't have any value and wouldn't be a currency.

@tannakaobi1

Ай бұрын

@@SarcasticData Wealth and money are not the same thing and you proved my point!

well buffet and some places do have billions in cash but they keep it in high yeild accounts till they find something to buy

Lol Asmongold defending the Billionaires now that he's a millionaire ahha

@user-ve2bp8or2x

Ай бұрын

"rich people help poor people buy giving them a job" my high light hahah

@LaFonteCheVi

Ай бұрын

Wealth disparity is a problem. But the bloodlust and envy a lot of people show the wealthy out of spite is a problem too. And history is fully of examples of how spectacularly wrong things go when the population tears them down. The uncomfortable truth is that around 80% of all value within society is created by only 20% of people. Most people are low-value and unimportant.

@tomh1727

Ай бұрын

@@LaFonteCheVi yeah, sadly people are more likely to drag each other down than the opposite cause of envy and greed

@rupik4358

Ай бұрын

It's cute, he thinks trickle down works when every single study and observation of it over the last 50 years shows it doesn't. It's what actually lead to this problem.

@googleisevil8958

Ай бұрын

@@user-ve2bp8or2x In an ideal society, yes the rich has a duty to the poor in providing them with stable employement and helping to pay for new businesses. 100 years ago, many oil and steel tycoons invested heavily in real estate which built up cities like New York. The problem or rather problems is that the rich are able to easily move their money with the push of a button and have no incentives to invest in their own communities anymore. They buddy up with politicians and pay for what they want, leaving most people to suffer. Often time their interests aren't even in the country as they could be focused more on global trade or markets which is why you see our government taking so much about Ukraine or Israel. Because the country's elite make a lot of money from golbal trade but forget about the people at home, be it on purpose or by accident. Do they know what's going on at home? Probably not. It could be will ignorance or more than likely just them wanting to pass the buck off to someone else. The issue this happens is usually do to these people not seeing what's going on first hand. Even then it takes more then a few millionaires to fix this kind of mess.

This guy was on a podcast with Jordan Peterson’s daughter. I don’t trust anyone who goes near those grifters

In Russia we have freedom of speech. Except Religious and political matters.

0:30 Your asking for a Purge, that's a rich persons gain.

@boy_with_sleeveless_jacket7951

Ай бұрын

I'm pretty sure he was joking

@kronos6460

Ай бұрын

This happen in the 1340's with the Black Death. So many people died there was a shortage of peasant labour so they could demand higher wages and life got much better for the average person. In 1349 they actually passed a maximum wage in England to stop it lol This directly led to the peasant revolt of 1381. This is why mass immigration is a terrible thing from an economic perspective for the average person as it drives down wages, makes the rich, richer and creates more demand for a finite supply of natural resources.

@StealthXD1

Ай бұрын

@@kronos6460 Or the more recent example of women going to work which doubled the labor pool rapidly and then people wonder why wages plummeted as a result. Basic economics of supply and demand.

@SirRivelion

Ай бұрын

@@StealthXD1 And they still want a "provider husband", while earning the same or more.

@StealthXD1

Ай бұрын

@@SirRivelion I don't believe that's entirely true, that's just clout chasing women on the internet. There's probably some truth to it but I think the internet exaggerates it.

Working, worked all my life. 50 years. Very little saved in those years. I tried

@rockbandandghmaster

Ай бұрын

You had a chance in your younger years. The economy was pretty decent in the 80's and 90's. Even the early 2000's up to 2008.

@philip9823

Ай бұрын

What will you do now?

@memebump7612

Ай бұрын

Good thing things are so fair now though. Lol.

@bashvash

Ай бұрын

​@rockbandandghmaster what kind of response is this dude? Shameless.

@the_expidition427

26 күн бұрын

The economy will always be agnostic to a persons situation

He's missing a lot of the hedge fund managers like Larry Fink, who only have "a few million" on paper, but are actually managing wealth funds worth TRILLIONS. If you used the same wealth calculation on Larry Fink's holdings that you do with Elon Musk, he'd dwarf all the other known billionaires combined.

Asmongold sitting on a pile of money: "Things are pretty fair nowadays" As he said himself "people's ideologies align pretty accurately with their coping mechanisms"

@MercurialStatic

26 күн бұрын

Asmon projecting his own biases onto the world in order to justify his own behavior? Never. To be fair, he’s more adjusted than a lot of millionaires. That’s not saying much though.

@jackmiddleton2080

26 күн бұрын

@@MercurialStatic True. Asmongold is that uncle/grandad that dies and everyone actually gets an inheritance. Doesn't care about materialism enough to spend it and isn't greedy enough to risk it and lose it. He is ultimately a lottery winner though.

My ex grew up very affluent, raised by a prominent surgeon and went on to be a pretty high earner as an engineer. I grew up middle-upper middle class but due to my toxic family, ended up being raised by the state and lived in group homes and mental hospitals in my teen years. After getting out I experienced homelessness and currently live in poverty. Since my closest friends were raised in poverty and I experienced it first hand, I made a comment to him how I believed poor people and mentally unstable people should not have children. He began spewing vitriol at me about how I believe in eugenics and I'm a terrible person (later realized he was a covert narcissist) I realized then that this person who pretended to be "for the people" only had beliefs that luxury could afford and did a lot of virtue signaling. Many of my friends who grew up along side me would say the same thing. ETA: his whole family participated in this virtue signaling - one of his sisters became a staunch "activist" and in my heart of hearts I know it's to make herself feel better about their position in life. They didn't genuinely care about people - they cared about looking like they did.

@agamersinsanity

Ай бұрын

I hope life will turn around for you.. But yeah some people doesn't really care about others even if they pretend to do it. It usually shines through to some degree or you get the feeling they don't really care. And I agree poor and mentally unstable shouldn't have kids because the kid will suffer in poverty and will most likely be bullied by the classmates. On the other hand the parent being mentally unstable could make the kid suffer even more with child neglect or any other kind of abuse. I won't say everyone would do it, but there is still a possibility.

@z0n3h

Ай бұрын

The problem is legislation of what you're talking about. So if you say poor people can't have kids, how poor is the cutoff? Mentally unstable people, how do you define mentally unstable? Because you can hire people to bully people so they go insane and then force them into a mental hospital and as soon as you're there you're banned from having kids. As soon as you try to control that part of society, you're accepting all the exploiting that the ruling class will do with those rules. So you can throw a whistleblower from a big company into a mental institution and they are banned from having kids. Just because they exposed the wrong people. That's why this stuff shouldn't be regulated like that. Because it will be used against you if you're on the wrong side of history.

@francestaylor9156

Ай бұрын

Virtue signaling is done in all forms. It was very prevalent in the 80s and 90s amongst Christians which is why so many people left the church. The virtue signaling, the purity spirals, the savior complex. Being an activist doesn't mean shit if you're not actually volunteering to do something like working at a soup kitchen or a food bank.

@francestaylor9156

Ай бұрын

I grew up lower middle class and then got into poverty after dad rolled out. I was lucky enough to have inherited a high IQ from him so I was able to use that to get out of poverty. I'm glad they don't have rules like you said here in the states. What you're talking about is a caste system like they have in India. The people at the bottom have no way out. They're not allowed in polite society. They are considered scum. And because of that, they act the way they are treated.

People who dont have problems tend to make their own.

christianity has nothing to do with it, quite the opposite the OG activists were mainly Christian (or started by Christian), these new activists are mainly secular

"Christian guilt" comes from nominal Christianity, which is effectively dead. Christianity itself doesn't promote self-victimhood.

The average American today (and any Euro for that matter) is orders of magnitude more poorer then previous generations. Think about it, the entire muscle car boom of the 1960's was driven by the youth market. Auto Executives realized that 16-17 year old's buying new cars wanted to have fast cars with lots of power. Most muscle cars were bought by people under 25. Anything older then that thought they were gimmicky and impractical. America was SO prosperous in the 1960's that a 16 or 17 year old could work for a minimum wage 40 hours a week for a 3 months during the summer and have enough money to put a down payment on or outright buy a brand new muscle car like a Camaro, Charger, Mustang or GTO. That was the life boomers lived. A few months of waging was enough to buy a brand new car that was very cool and fast. the entire auto industry had to change factories and production and logistics because of the immense buying power of literal fucking teenagers. Can you imagine that today? Can you image if people under 24 made so much money and spent so much money that massive fucking industries like the automotive industry would change their entire strategies, multimillion dollar CEOs would attending business meetings of the highest degrees to formulate a new plan going forward because of this new founded market demand? its unfathomable . Most young people today can barely afford a used car, let alone something brand new.

@patrick8734

Ай бұрын

my 2011 rusted out, 180 000 miles Jetta cost me 5000$ and that's an excellent price where I live. It's insane tbh, and only getting worse.

@RoboWarriorGhosT

Ай бұрын

Good copy pasta

@Arizona-ex5yt

Ай бұрын

Not true. My grandfather grew up in the great depression. You don't know what true, desperate poverty is. People don't starve anymore in the Western World. Most poor people are actually overweight or obese.

@laillahilaallah001

Ай бұрын

@@Arizona-ex5yt yeah in the grest depression. Im talking about the 1960's to 1980's

@Intestinal_Gases

Ай бұрын

There is no Soviet Union anywhere so there is nobody to compete with in the standart of living. Humanity still does not understand what they lost with that country. And what disasters still lie ahead of us.

This all began with Ronald Reagan. Go look at his election speeches, and find a chart that shows the GINI index over the past 100 years (if possible). If a GINI coefficient is 1, 1 person owns all wealth in the country. If it’s 0, wealth is distributed equally among everyone. Since his time the GINI coefficient has risen by ~0.1 (it’s a lot)

@ah5836

Ай бұрын

It was around this time when new technology was enabling efficient global corporate operations, and all political parties were happy making money replacing U.S. workers with foreign workers. This growing wealth inequality was inevitable regardless of who was president in the 80's.

@Mega-mangX

Ай бұрын

It's true. Especially with no fault divorce passed during his presidency. Asking Americans to know American history is too much though... It's why our education system is so dumbed down. Daddy government hopes you don't learn from past mistakes and pay til you die.

@lomborg4876

Ай бұрын

@@ah5836it’s not a problem in Europe

@LaFonteCheVi

Ай бұрын

"This all began with Ronald Reagan." Completely and utterly untrue. The ground was laid long before Reagan.

@LaFonteCheVi

Ай бұрын

@@lomborg4876 Also not true. Wealth disparity is a massive growing problem in Europe as well. The only difference is the disparity is between the government and people rather than businesses and people.

As someone who participated in Hong Kong's Yellow Umbrella Movement, it's offensive how those college students pretend they're fighting for injustice

I have a friend that I don't get to talk too much anymore, he went to UCLA as a freshman last semester, he went in just a normal dude from Oklahoma, he came back addicted to drugs and women, and now wants to grow weed instead of become a professional musician. He was one of the best in our country and best in state for his instrument for a bit, The woke dream destroys lives. Its really sad.

It’s true most of the ultra rich hold their wealth in stock, but it’s also true they underpay employees. Just look at the increase in cost of living vs. increase in wages over the past 70 years. You can literally see the gap form with Reagan when he legalized stock buybacks, which is when a company uses their profits to reduce the number of shares and artificially increase the stock price. They used to have to use those profits to either: reinvest in the company, pay employees more, or distribute as dividends. Now CEOs use that money to make themselves more rich.

Decriminalizing drugs isn't a "luxury belief". If anything is a "luxury belief" it's believing the war on drugs has produced anything but negative effects.

@ActuallyPrimerino

Ай бұрын

yeah he even said himself the "drug trade" not the actual drugs but the war going on with drugs

@milhouse8166

Ай бұрын

Now Imagine if there was never a war on drugs. Where would we be in your opinion? The reason I ask is because I feel that even though it didn't "win" it still reduced a lot of harm.

@user-rg9he8vq3u

Ай бұрын

@@milhouse8166 The point is that if something isn't banned and criminalized, it can be controlled, meaning you can make less harmfull drugs easier to acquire then more dangerous ones, offer more help for people who suffer from addictions, and doing so also reduce a ton the income of the "drug trade", killing the cartels without even having to fight them... In a way, it's kind of similar to the period of the prohibition, where the actual consumation of alcool didn't really go down, but crime took massive proportions because of the money it allowed them to make.

@IncognitoActivado

Ай бұрын

True.

@aaronhumphrey3514

Ай бұрын

@@milhouse8166 You would be wrong. Without the war on drugs many of the nastiest drugs of today, such as crack and meth, wouldn't even exist and countries like Mexico and Columbia would likely be much safer places to live.

I think people who wear helmets protecting our country should get paid more then people wearing helmets protecting a football.

bro's not even a minute into the video "we need a civil war" I love this guy man

Hasan sweating rn. Regretting his whole “eat the rich” position

@croper0

Ай бұрын

the luxury beliefs video is literally all his beliefs im crying

"I don't think that its really a bad thing that people can make a lot of money, the real problem is that other people don't have any money" Where do you think the people making a lot of money are getting it from? The two things are correlated. Why is there this disconnect between the rich wanting infinite growth in their wealth and that somehow not negatively impacting the rest of society, they make that money off the backs of the 90%. The 90% are generating that wealth for them and the rich are constantly finding new and inventive ways to take more and more of it for themselves.

@AimbotFreak

Ай бұрын

Because money isn't a finite resource. The American "poor" outside of those with mental issues literally get themselves in tens of thousands of debt before the age of 25 and they don't do it out of necessity either. Americans overspend and get themselves into multiple credit card debt for "luxury" reasons.

@redmagelala

Ай бұрын

Are you saying the rich stole from the poor?

@aceacemania

Ай бұрын

I agree with everything you've laid out. That being said, I think you're misunderstanding Asmon's point. I'm just extrapolating, but I think what he's getting at is the government has to have avenues to redistribute the wealth better towards the tail end of the graph. The working class are being ab*sed into that position because the elite are exploiting the loopholes placed by the government. There are states where "tipped service workers" are only entitled to about $3 per hour. That is legal, because technically speaking, their salary will come from tips. It is there, and the ones higher up the ladder are taking advantage of it. To a degree, you cannot blame the owners of the business for taking every inch that the government allows them to. Is it morally bad? Yes. Is it illegal? No. Therein lies the problem. And if you look at it further, the ones paying for the tips to allow these people survive does not come from higher ups. It comes most likely from people a bit higher up the ladder, or is in the same rung as them. It is an ouroboros to keep those below where they are.

@boad8270

Ай бұрын

@@redmagelala are you saying they havent been doing that since the start of human civilization?

@boad8270

Ай бұрын

@@AimbotFreak yeah but you think thats a coincidence? Consumer society was purposefully set up by corpos so people will waste their money on their garbage, but yeah it is weird how americans do that

It's simple. If you live beneath your means and save up, invest it, you come out ahead. When you have a high standard of living everything costs more. You don't need to live in the heart of the city to have a social life that probably costs probably 10's of thousands to maintain

"Why aren't the wealthy doing more to help the bottom 50%" Because you don't get to be a multi billionaire by helping people. You get to be a multi billionaire by deliberately not-seeing the preventable suffering of people in your society. It is impossible to be both a good person, AND a person who has more personal financial power than some small countries.

"ppl wil just come and take your shit" lmfao