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Chrystia Freeland: The rise of the new global super-rich

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Technology is advancing in leaps and bounds — and so is economic inequality, says writer Chrystia Freeland. In an impassioned talk, she charts the rise of a new class of plutocrats (those who are extremely powerful because they are extremely wealthy), and suggests that globalization and new technology are actually fueling, rather than closing, the global income gap. Freeland lays out three problems with plutocracy ... and one glimmer of hope. TEDTalks is a daily video podcast of the best talks and performances from the TED Conference, where the world's leading thinkers and doers give the talk of their lives in 18 minutes (or less). Look for talks on Technology, Entertainment and Design -- plus science, business, global issues, the arts and much more. Find closed captions and translated subtitles in many languages at http://www.ted.com/translate Follow TED news on Twitter: http://www.twitter.com/tednews Like TED on Facebook: https://www.facebook.com/TED Subscribe to our channel: http://www.youtube.com/user/TEDtalksDirector
Категория: Наука и техника
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Текстовые комментарии (1159)
LAUCH3D (8 дней назад)
lel lel lel this is common sense at its finest. A pareto distribution with blackswans is something universal. It applys to every information network system. From the largescale structure of the universe (galaxy super clusters) down to Youtube (Pewdipie 62Million Followers), google search terms, facebook and even to your brain there are synapses-nodes representing a big part of all the other cells. You can take it from the rich, give it to the poors and after x transactions its the same as before. Taleb is right with economists, they are Itellectual yet idiots allways looking for false causes. Bullshit....and Buffet is the top? Whats with Rothshild take a calculator. There are Trillionairs in the world.
Olfersisapotato (10 дней назад)
There is no middle class
Olfersisapotato (10 дней назад)
Hey I have an idea! Let's cut all their heads off.
Olfersisapotato (10 дней назад)
Welp it's time to start the purge.
El temeroso (15 дней назад)
I wonder why she didn't mention the 0.1% George Soros that funds her and his Canadian puppet, Justin Trudeau/Peter Pan?🤔
GoodTimeTraveler (1 месяц назад)
It appears those who agree with the speaker are the most financially illiterate. The very wealthy do not have billions in cash - they own company stock worth billions. THAT is the source of their wealth - the value placed on their stocks. In fact in many cases the stocks alone account for about 99% of their wealth. Company stock = wealth. Will leftist speakers like Freeland _ever_ admit or even _mention_ these facts??
Tudval Stone (1 месяц назад)
In Canada they tax you like you're rich when you make $80k a year, so no chance to get rich through honest work. But the government is always cozy with the banking elites, so anything else is just talk.
Steve Fortuna (2 месяца назад)
Hi Alphas. Just to remind you, there are tens of millions of Deltas and Epsilons out there, getting more and more desperate every day. You can't kill them all. You can't dupe them forever. You can't convince all of them when their children are starving that it's all their fault. Pretty soon, the armed and desperate are going to figure out where the money is hidden and will knocking on your door. STOP lobbying for more advantages. STOP buying politicians to pave the road for you to keep more of your stolen wealth. STOP polluting the environment, breaking unions, stealing from the common coffers and START paying your fair share of taxes. Otherwise, the last two words you will hear when a revolver is pressed against your head won't be "happy birthday'. We're seeing more and more mass shootings and 'deaths of desperation'. Sooner or later, in this land of more guns than people, these desperate folks you hate and want to destroy will be taking out the .001% before they go out in a blaze of glory.
Dana White's double chin (2 месяца назад)
is she reading from a telepromter?
Anugrah Pachori (2 месяца назад)
Instead of growing ourselves to a point where we are equally skilled and able to make our own billions, we want the wealth earned by the 1% to be shared. Bad idea.
We Deserve Better (1 месяц назад)
They _obtained_ it. Whether or not they "earned" it is completely subjective.
Arne J (2 месяца назад)
Excellent speech and content.I do prefer also to see that concrete solutions are offered eg to correct income inequality , crooked judicial and political systems and guaranteed health care, education, workers rights , infrastructure standards, access to media that represents what is really going on in the world and a voting system that represents what the majority of the people want. Instead we have corporate media ,crooked governments who advocate war with bought politicians who are not looking after the needs of the people.I have always stated that the US especially is a dictatorship where the 1% keep the minions poor and uneducated .We are there now.Is it time for pitchforks???
Ahmad Jan (3 месяца назад)
surging income inequality is result of natural selection on the process . 40% of Fortune 500 companies were funded by the immigrants or the children of immigrants . While natives enjoying their privileges living their home land , immigrants were working hard and achieved big. The challenges humanity facing today precipitates the next stage of human evolution, and visionary , daring and hard working people will lead the way and others will vanish soon. Living in same land, breathing same air and education is available for all of us, and we complain somebody is getting ahead ? nonsense.
The Watchful Hunter (3 месяца назад)
Will the people organize and focus on a goal of action? Or will we continue to cry and pout? We need direct internet bill voting to make government law.
Haji Sohail (4 месяца назад)
parnt
keepit1oo (4 месяца назад)
Keep the content coming!! If you get the opportunity check out my channel and stay blessed!!!
Zhang SongQuan (4 месяца назад)
TPP, " globalism " are signs of insidious force pushing this all over the world.
Serge Vivier (4 месяца назад)
Freeland does not promote peace, she wants a war
Serge Vivier (4 месяца назад)
Freeland is a war monger who sells weapon to Saudi Arabia the most anti democratic country , Weapons used against Yemen Civilians and she support the civil war in Ukraine by providing advisors and weapon to the Kiev regime that killed at least 5000 east Ukrainian. Freeland will go to war if it benefits the OIL and weapons industries.
Matthew Middleton (4 месяца назад)
i love my totally hopeless life
Matthew Middleton (4 месяца назад)
no wonder teens are killing themselves in droves
Andrew Williams (5 месяцев назад)
i guess you are a globalist on a FLAT EARTH, YOU SUCK BIG GLOBALBALLS
Gregory Thompson (5 месяцев назад)
too much mic. i can hear you opening and closing your mouth and its annoying lol
ungratefulmetalpansy (5 месяцев назад)
Good God she's built sturdy. She could carry quintuplets!
Holion 7296 (5 месяцев назад)
i use travel agent everyyear
J N S (5 месяцев назад)
She left out one of the biggest problems in the world; The False Flag Attack
Prashant Sharma (5 месяцев назад)
The best form of slavery is that in which the slaves don't even know that they are enslaved.
Marci124 (6 месяцев назад)
She'd know about the super rich, she's all buddy-buddy with Soros!
Jason P (6 месяцев назад)
She sounds like the left's Sarah Palin.
Brother Vespasian (6 месяцев назад)
"Meritocratic Plutocracy"? Kind of a contradiction in terms.
Shubham Gawde (7 месяцев назад)
Good one! Thanks Ted.
psysword (8 месяцев назад)
and speaks like a lefty pro tax Jew too
psysword (8 месяцев назад)
what else can a Jew say?
Z Patten (10 месяцев назад)
Educational arms race... twattle. Religious corporatism is designed to create and protect an elite. The golden dawn of the golden man, of the golden age, of the golden rule... He who has the gold makes the rule.
rodrigo mendonça (10 месяцев назад)
Stop the SC , if you are uncomfortable, go start a business with scale and become super rich
Abhishek Mallik (10 месяцев назад)
Somebody tell her, 90% of millionaires in the US are the first generation. All she is spreading is Pessimism
Jason Chatham (11 месяцев назад)
she's thick... I like it. good call on the red dress girl ;-)
Dave man (11 месяцев назад)
not only she is stupid and wrong she is also ugly
shastabolicious (1 год назад)
We've all heard these stats a hundred times.
LORD ROTHSCHILD (1 год назад)
You suck, and will be expelled from Canada.
Toxodeth (1 год назад)
excellent talk, she is incredible beautiful for me.
Susan Lawens (1 год назад)
Great video! I guess the only thing that puzzles me is that it is a commercial to buy gold and silver from their company. With currency???? Sounds super, I guess, if their only goal is to collapse the system, but be left holding the bag with our useless currency, out of the kindness of their hearts. Or can you buy the gold and silver with bitcoin?
Leonard Rockstein (1 год назад)
Chrystia Freeland is a weak disgusting traitor to the Canadian people and should be tried for treason
David Battle (1 год назад)
People need to focus on becoming co-owners of businesses instead of employees. The stock market is a thing ya know.
sibir82 (1 год назад)
С таким то дедушкой конечно в министры? МДя.... "еще плодоносить способно брюхо которое вынашивало гада"
todaystarr (1 год назад)
She is a flake. Pardon me, a snow flake. She's Canadian socialist with nothing new to say.
awuma (1 год назад)
Canada's new Foreign Affairs Minister.
Redpulsar2011 (1 год назад)
bla bla bla!
agent (1 год назад)
it Did Not work=out WELL for EVERYONE - only for the 1% Chrystia Freeland is so wrong ! all it was is a wealth transfer - meanwhile most of the population are poor I do not know why the audience clapped ? ignorance ? gullible ? she suckered them into believing her lies.
Tekin Sal (1 год назад)
We're taught that feudalism ended 200+ years ago and humanity gained democracy, freedom. But the empirical fact is, since then the feudals have only been pondering "where did we go wrong?" scheming and establishing elaborate ways to ensure something like French Revolution never happens again.
Elpidio Valdez (1 год назад)
The crybaby, that can't negotiate a deal even if her life depended on it 😰someone nock her up and keep her busy racing babies, what nature made females good for 😱
Steve RX4 (1 год назад)
knock raising
meerkat1954 (1 год назад)
Meanwhile, Chrystia is working her heart out to sign a trade deal designed to allow rich corporations to sue the public (i.e. the poor). She was so upset it was blocked by Belgium that she was basically crying today. What a disgusting hypocrite.
Ron Peters (1 год назад)
This the woman who is now trying to force corporatist "free trade" agreements - which allow corporations to overrule sovereign democratic decision-making - on the peoples of Europe and Canada!
Serge Vivier (4 месяца назад)
Bingo
David Menlo (4 месяца назад)
Ron Peters Proof?
123 123 (7 месяцев назад)
I disagree. The new trade agreements give governments the full right to regulate in the public's interest. The investor dispute system with CETA is also opt-in.
In other words, she is a walking contradiction.  This "presentation" proves that TED is a joke, when it comes to politics.
SpoonieSensei (1 год назад)
i'm not quite sure where i stand on chrystia freeland, but i've said for a LONG time now that we "need a new new deal." we do. and much more.
Bill Edmonds (1 год назад)
Nice speech. Now try to reconcile that with her championing the TPP, which would make her nightmare scenario even worse.
Please America we need to do something now! This endless bulldozing of our Liberty and Money we made to the government. This ignorance in the way the majority either just dont care or use the government as your example? I do not need credit you dont either for that matter it has enslaved and corrupted ourselves government thinks its OK to lie right to our faces? How is one evil lesser then another? Evil is Evil! This is ridiculous I cannot stand it here in this blind to the facts country. We have no one to blame but us the 99% We are the government they work for us is it really that hard to get involved? Is it not your duty as a US citizen? Time to end the BS or it will end a large portion of us. Stand up put an end to thievery, inefficiency, and bring back our freedom. The worst part of all this seems that somehow a currency that has nothing real backing it should be controlled by us. It does not matter how we close the gap it just has to be done. The present economy cannot last it will fail soon. Also to all who think Edward is a traitor shame on you. He gave all he had to fill us in on how your rights are snatched away daily. IT IS OUR GOVT WE ARE THE BOSSES WE HAVE TO TAKE THE RAP WE THE PEOPLE HAVE TO FIX IT!
Amins19 (1 год назад)
2:50 JOHN CENA in glasses
paolomath (1 год назад)
She starts off with a false statement. While in developed countries inequality is indeed increasing, globally this is not the case. And there are a few TED talks that precisely explain this.
Aristotle Stagirus (1 год назад)
We are approaching a time when within a couple decades, probably around 2030, give or take, automated systems will be able to do virtually anything Humans can do, only better, faster, with less errors, costing less money and so on. Who will own those automated systems? If we don't think about how we will manage this ahead of time we can end up with an extreme crisis that could plunge us into WWIII and/or give rise to a true total global dictatorship and/or cause the total extinction of the Human Race. We must figure out how society is going to adjust to not needing the majority of the worker class performing the work it has been doing. If we don't figure out how to adapt, the consequences will likely be very bad.
DON W (2 года назад)
She is a Lost stupid P.O.S.
Dallas Segno (2 года назад)
feudalism used to be the everyday before say... the last hundred or so years... get over it.
rpsxnu (2 года назад)
Good points, horrible conclusion. We need governments to dissolve so that power goes back to the masses (as well as end wars), and maybe an awesome spreadsheet to implement universal income.
Paul Mularz (2 года назад)
we should have a 4 day work week. Better life / work balance. Slaving away just to work is going to be a thing of the past as we evolve. Years from now, generations will be amazed that we spent 5 days per week at a job and only 2 days of free time. Think outside of the box... I mean... afterall the norm used to be six 12 hour days... and that changed. 3 or 4 day work weeks is the future, if we are to positively evolve as humans
Brendan (1 год назад)
You can already work 3 or 4 days as a nurse. Sure they're 12 hour shifts, but you have less days.
Paul Mularz (2 года назад)
wages should not be taxed in the USA....Never meant to be that way.
Aasim Baksh (2 месяца назад)
A land value tax.
l (3 месяца назад)
Yourtube User ...said the capitalist.
Yourtube User (8 месяцев назад)
+buren You'd like to think it's nonsense, buren... because you don't know any other existence.... besides being a slave. Go ahead and keep taking cheap swipes at others (A E) but don't go thinking you know what you're talking about. You're just another sheep who doesn't WANT to think of alternatives to your pathetic reality.
thereignbeau (1 год назад)
A E What a nonsense.
Brendan (1 год назад)
What do you suggest then?
Creation Founder (2 года назад)
Lets make everybody super wealthy and rich for popping out of the womb. I am going to punish the super wealthy and rich.
Carolyn Fry (2 года назад)
The wold as a village of 100
J. Hile (2 года назад)
I cant even pay attention because they have the dang eq super boosted on the high end who was the sound man that day??? every single 's' hurts my ears
Paul Charles (2 года назад)
Absolutely brilliant and riveting delivery!!!
Carlos Spicyweiner (2 года назад)
Chrystia Freeland is a phony whom has been purchased by the rich. She might have use to believe in what she is saying here, as I once believed in her foolishly, but ever since she got a position in government, making the big bucks from the wealthy, she has signed the TPP with the dirty lying Liberals in Canada, and she no longer makes these videos, nor speaks publicly about these issues. Who can blame her tho? Thats capitalism in a nutshell.
Carlos Spicyweiner (1 год назад)
Booby Bobby - You couldnt be further from the truth.
Bobby Bobby (1 год назад)
+Carlos Spicyweiner You are a lumpen.
Carlos Spicyweiner (1 год назад)
Like I said in my first posting, last sentence, "Thats capitalism in a nutshell"~!
thomas yang (1 год назад)
everybody will be same as her if offered same position and money. sad
Bobby Bobby (1 год назад)
What are you going to do about it? I am guessing nothing.
Rod Dines (2 года назад)
Oh how I wish we had more politicians like you!
Ma Chongo (2 года назад)
Are her shoes nailed to the floor ?
Tim Liu (2 года назад)
what a boat load of crap? so this is our Minister of International Trade? nice
Clark Magnuson (2 года назад)
Inequality is good. Big government is bad. The exact opposite of what Karl Marx said in 1859.
Clark Magnuson (2 года назад)
+Cyber Kurajber How about Stalin with that White Sea canal project? Big gov knows best.
l (2 года назад)
+Clark Magnuson Have you read Marx?
Clark Magnuson (2 года назад)
+chris You see something good in Marx?
l (2 года назад)
Sure... Marx never wrote anything about the *withering away of the state*. You clearly have read Marx... Seriously though, capitalism and the modern nation state are one and the same thing.
Hope Hurteau (2 года назад)
we myswell just have totalitarianism if our democracy is just an illusion.
soenekken (2 года назад)
tax tax tax, governments want to tax everything and everybody to give to the lazy so that they get more votes. This is a translation of what this "null" is saying.
Olfersisapotato (10 дней назад)
soenekken their now taxing food.... I mean come on! The one thing you didn't tax and now you're taxing it! The only place not taxing food is food pantrys.
Kenneth Sumerford (2 года назад)
This video has a lot of good info. The US unemployment rate is more than 20 percent and the US middle class is trending toward 50% of the population, not 65%. Most of modern technology is destroying jobs. And foreign imports are hurting US jobs including IT. In 1975 a typical mfr plant might have 2,000 workers. By 1990, the same production could be made by less than 200 workers or about 10%.
Olfersisapotato (10 дней назад)
Kenneth Sumerford what middle class? If anything theres only 20 percent middle class. Most of the numbers are actually the bottom class or poverty.
l (2 года назад)
+Clark Magnuson Get laid.
Clark Magnuson (2 года назад)
+Daniel Daniel It works at universities. The people are taxed, the children are brainwashed with Marxism, the kids grow up and vote for more taxes. ...... what do you mean doesn't working? If not for Islamist killing us off for being financially, militarily and morally weak and not reproducing, the socialism could go on forever.
David de Lancey (2 года назад)
+Clark Magnuson Karl Marx?? Snopes?? NPR?? do tell what is it that you trust?? Fox News??? I suppose you think evolution is the work of the devil and that being Gay is a Sin??
Clark Magnuson (2 года назад)
+David de Lancey Only a left winger trusts wikipedia, npr, snopes, and Karl Marx.
Connected-A51 (2 года назад)
Most likely China has no rich people just only think if China are so rich why a 130 million unit or condominium etc. are empty so its more likely rich with debt : ) ?
Connected-A51 (2 года назад)
Most likely China has no rich people just only think if China are so rich why a 130 million unit or condominium etc. are empty : ) ?
Connected-A51 (2 года назад)
Most likely China has no rich people just only think if China are so rich why a 130 million unit or condominium etc. are empty?
Connected-A51 (2 года назад)
Most likely China has no rich people just only think if China are so rich why a 130 million unit or condominium etc. are empty?
Nicolas Martin (2 года назад)
It is simply false that economic inequality is "surging." It has barely changed in the US in the past 50 years. https://www.aei.org/publication/the-imaginary-hobgoblin-of-rising-income-inequality-2/
Nicolas Martin (2 года назад)
+David de Lancey Explaining income inequality by household demographics https://www.aei.org/publication/explaining-income-inequality-by-household-demographics/
Nicolas Martin (2 года назад)
+Nicolas Martin "Nearly 63% of US households in the bottom fifth of Americans by income had no earners for the entire year in 2014. In contrast, only 4.1% of the households in the top fifth had no earners in 2014, providing more evidence of the strong relationship between household income and income earners per household."
Nicolas Martin (2 года назад)
+David de Lancey No, I refer to an economist who provides the Census Bureau data that you don’t refute. The data are right here: https://www.census.gov/content/dam/Census/library/publications/2015/demo/p60-252.pdf Unlike individual inequality, household inequality has increased over that time because of the increase in single-parent families, but that is hardly the fault of the affluent. https://www.aei.org/publication/explaining-income-inequality-by-household-demographics-update-for-2014/
David de Lancey (2 года назад)
+Nicolas Martin And he quotes a conservative think tank. Nice going there.
Preben Soe (2 года назад)
Chop off their heads like a good french descendant
TheGtoXed (2 года назад)
rich fucks need to die
StartabandRoxy (2 года назад)
Does she condemn Clinton/Bush/Obama who had no problem at all with NAFTA and destroying the middle class. Chrystia Freeland is a Harvard grad and Rhodes scholar - just the very same group of elites which produces your average war monger and tyrannical western leader. If she isn't out to sell more (of the same) propaganda I'll eat my shoe laces. 'Caring for the poor' appears to be the way up the political ladder. I cannot trust her from her personality and background. A white liberal in general is something to distrust, more than a white conservative quite often.
Bane (2 года назад)
+StartabandRoxy I agree !! And the best part was when she said that globalization took a lot of poor people out of poverty straight to the middle class :D Who is she referring to ?? Vietnam and indonesian people who work for 1 dollar a day ?
StartabandRoxy (2 года назад)
+Kenneth Sumerford Lucky them.
Kenneth Sumerford (2 года назад)
+StartabandRoxy Yes the percent of Harvard grads of those who graduated from Harvard during the last 25 years is probably less than 5 percent unemployed.
StartabandRoxy (2 года назад)
Do you mean the percent of unemployed Harvard grads?
Kenneth Sumerford (2 года назад)
+StartabandRoxy With more than 92 million citizens without a full-time job (20 hours a week does not count) the REAL unemployment rate is at least 20 percent. The official govt figure is adapted for economic and political reasons. A 5% rate "justifies" bringing foreign workers into the US. If you have a degree from Harvard, Yale, MIT or a similar university, then your rate is probably less than 4 percent. (:>)
falconeaterf15 (2 года назад)
A new "new deal". Newsflash, you are not the president of the United States, and if you were, you would be beholden to the billionaires who supported your campaign anyway. Thanks for the into to political science lecture, but you have no solution other than we need a new, new deal. Your a politician in Canada with no power, not POTAS. Why don't you spend your energy on things that matter in Canada? As a member of the lower middle class, my main impediment to higher consumption is the cost of government which is always taking more of my money, and providing less. So what's the new deal, or is it just the Canadian chattering classes new topic.
Kempton Lam (2 года назад)
9:00 Amazon, Apple, Google, Starbucks, ... working the international tax system in order to lower their taxes Interesting note: As of November 2015, Prime Minister Justin Trudeau has appointed Ms. Chrystia Freeland as our new Minister of International Trade.
Emil Weston (2 года назад)
+Stacy Clarkson that had to be the most asinine comment here.. Smh
Meshak VB (2 года назад)
"We need a new New Deal", I like this. Bernie Sanders is going to give it to use, Mrs. Freeland, so keep an eye out for that ;-)
l (2 года назад)
+C C.B You have no problem with corporate welfare, so what exactly are you complaining about? What's good for the goose isn't good for the gander, or what?
FireDunebuggy (2 года назад)
+Bigbadd Woofe *Exactly. Feel the BERN Mrs. Freeland!*
KIDWITDEGUN (2 года назад)
What this socialist propaganda leave out is the source of state corruption and central banking as the main source of the inequality. Get rid of the state and move to an anarchic order of private law! Not only is inequality likely to get better but at least inquality will be earned.
Kelly Jackson (2 года назад)
Somebody needs to give her a pair of maracas, she's already  got the right dress for a salsa!
Rouven Ben Pinchus (2 года назад)
So she offers no actual solutions and had many of her facts wrong. Well done!
guystoners (3 года назад)
Canada and the US have the richest and second richest middle class in the world.  I bet she loves Harper and wants to learn from him since we are the world wide winners.  PS we have many, many rich and we need them to support the richest middle class in the world  - the anti-rich politicians just market to the stupid
guystoners (1 год назад)
holy crap you guys are dimwits - google richest middle class in the world.  It's Canada (was until Justin became in charge) #1 and US #2 - that's the statistics...  I know what she said but she is completely wrong.  Otherwise capitalist nations like Canada and the US would not have the richest middle class in the world.  sorry but you guy don't understand the big picture.  The pie isn't fixed in size so... go ahead and split it evenly but by doing that... there is no pie.  Look at Justin Trudeau's dad's love for Mao Zedong - pie was split evenly... meaning people starved to death.  Of course Mao was very fat and had everything.. communism is capitalism for the government elite
FireDunebuggy (2 года назад)
+guystoners *No. The US have no middle class whatsoever anymore. Only the upper middle class is left. And since 2008 the super rich 0.1% are doing the best to get rid of them too.*
+guystoners What a bunch of BS. Same old tired trickle-down lie. Go away please.
GiarkReleos (2 года назад)
+guystoners did you understand?? no you did not, too many big words.
terbospeed (3 года назад)
Intriguing presentation, quite telling, though the words 'greed', 'avarice', and 'cupidity' are curiously absent. Taking into consideration that democide (death by government) could be the greatest killer in our century, clearly all blame and accountability are being shifted, but our attention is also obviously being distracted from this fact.
Stacy Clarkson (3 года назад)
Expecting everyone to do the same is like,expecting all students to have the same grades.....The rich create jobs,I wish we had more rich..
Stacy Clarkson (2 года назад)
Could you explain ,what you mean...!!!
FillyNilly (2 года назад)
+Stacy Clarkson My guess is that alot have been there and done that in your case.
Stacy Clarkson (3 года назад)
I just point out those repeating patterns...  :) I read much...That old saying... Been there done that,applies to me....
FrakU2 (3 года назад)
+Stacy Clarkson After reading your thread I see that you haven't looked into or even thought about your argument(s). Leave your ideology behind and investigate. Look a little deeper! And don't try to avoid learning something new by attacking me. You have homework to do Stacy...
Pale Moon (3 года назад)
why is it a problem that the rich getting richer?  we should get concentrate on elevating the poor.
StartabandRoxy (2 года назад)
+Tom van Oosten Even the super wealthy Queen gets paid by her subjects. You think she's going to take less?? She was dipping into the pensions when even aged people couldn't afford heat!
Tom van Oosten (3 года назад)
because its narrowly related: the ultra rich get more and more power and change the world the way they like it > rake in more and more money. Whereas job opportunities for the middle class disappear. The easiest way to elevate the poor is too redistribute more off the wealth by taxing the rich. Income tax is way too flat in the US!
drditup (3 года назад)
And as long as a majority of people care more about kim kardashian or honey boo boo than their personal economy or education, this won't change.  Remember for every rich person on the planet there are a thousand poor people who took the same risk but failed.
Hugh Pearson (3 года назад)
The  combined net worth of the 400 richest is....$2 Trillion. Only an optimistic fool would believe that taking money from the 'rich' will solve your 18,000,000,000,000  debt!  Besides... you only get that $2 trillion...ONCE.  after that they give up, flee, or have a breakdown.  2 Chron 7:14
Hugh Pearson (3 года назад)
She's sort of RIGHT.....but I'll cut my hand off and give it to her on a plate IF she has howled against Demobrat George Soros and his open society Tyranny!
Orionsbelt31 (3 года назад)
+Hugh Pearson and Tom Steyer ...
Neko c (3 года назад)
amy poehler is that you?
Ouwe Hand (3 года назад)
This is real bullshit, she does not talk about inflation or the federal reserve, rich getting richer because government intervention, and not by less government intervention, small medium companies have to obey every year newer and more stupid regulation, but big corporations have special deals with government to have no regulation so they can have their monopolies... and then this lady blames the free market for creating plutocrats? I think its other way around, more government is Plutocracy. Look at 2008 crisis, banks don't care, they know goverments save them if it go's wrong and that creates moral hazard.. people don't even care where to put their money in what bank, because banks are all the same. You have to blame both the democrats and republicans for this mess, both party are socialist fascist's!
Sean Hunt (3 года назад)
Wow.  I like to feel that I'm a somewhat educated person.  Ms. Freeland must have had a great view of my scalp as she talked over it.  However, I'm not sure this wasn't intended.  It's easy to convince someone you know what your talking about when you use a lot of jargon.  The talk could have used a little less jargon and more charts and graphs to help us understand.
Scott Robinson (3 года назад)
Great Video :)  !!!

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