Thought this was a good talk. Seems like it'd be good to clip this and spread it to normies. Poor, working class guy who became an investor/gambler at Citibank just after the 2008 financial crisis and talks about how mainstream economists and papers like The Guardian can be wrong economically over and over and they don't even know or remember that their predictions are wrong! Overall interesting conversation though.

Has good commentary on the housing crisis, COVID, Ukraine, etc. all being massive funnels for wealth upward and the rich are all buying actual physical assets with the money they're being given while the poor and working have been fucked by it. Wish normies would get it, that given small taxes to the workers and then big tax cuts to the rich makes the workers poorer than they were before because money isn't resources, it's access to resources and the rich keep winning with inflation while we keep getting poorer.

  • Awoo [she/her]
    ·
    2 years ago

    Aaron is odd, I don't really get him? He's obviously a passionate man but he also strikes me as someone that is eager to get into the "in crowd".

    Here in the UK we have your usual class stuff, but there's also like a privileged group of people who aren't really bougies but are in a certain circle where they have greater privileges than the rest of the population and a certain amount of limited access to powerful people. Media, aristocracy, entertainers and bougies mix together at a certain level, an "allies" group.

    He feels to me like someone who covets becoming a member of that group.

    It's a prestige thing. Becoming prestigious is a vane thing to target in Britain, and even if you don't achieve socialism at least you can be this important prestigious figure in its history of Britain. Prestige journalism, prestige MPs, prestige entertainment figures, all of these are a thing.

    He strikes me as a person that wants prestige, and he seems to glorify a lot of people who have some amount of prestige already.

    I think he does some good work and he's better than some of the others at Novara, but I do think the left has to outgrow them eventually or they'll hold it back.