How Depressing!

[WBA123]

There are some economists and accountants namely Richard Murphy that have tried to debunk him, but (and i say from my own point of view) they are well rooted into the their economic models that anything going against it will be debunked, despite it being broken and not really working. Gary at least is owning up to this to say something fundamentally is wrong. I can see that something is wrong, sure you do too Matt. What the answer is, i don’t know. But we can’t have a minority of the global population hoarding all the wealth. This cannot be ignored nor be said it’s irrelevant.

I agree with Matt here, he is usually debunked. I appreciate his views come from a good place, but his economic thinking process is deeply flawed.

Equally, I agree companies like Starbucks and Amazon should be paying corporation tax in this country and its quite scandalous they're not doing this.

[regis80]

I agree with Matt here, he is usually debunked. I appreciate his views come from a good place, but his economic thinking process is deeply flawed.

Equally, I agree companies like Starbucks and Amazon should be paying corporation tax in this country and its quite scandalous they're not doing this.

That’s fair 123. My point is (and i might be saying this without having watched where he’s debunked) that a lot of these ‘academics’ if you like believe in economic models, rules, MMT and all of that. Which I do understand a little about but by no means an expert. It could well be tied to how far Capitalism has gone and not worked, where transfer of wealth just goes one way. Those experts will always debunk the likes of Gary with their counter arguments.. but these experts do always get it wrong too. Take for instance a simple scenario of someone being highly intelligent in Business studies, who has a masters/phd. My lecturer back at Uni for example.. they are so ingrained in their theories that they wouldn’t know how to actually run a business - fact. Running a business isn’t about how much theory you know, it’s the practicality. Many business owners here will probably agree with me. I grew up studying business studies at college and Uni and read a lot of Richard Branson back in the late 90s. He didn’t go to Uni but he’s successful. Because let’s face it, being in business you don’t play by the rules or follow the rule book - you do what you need to do. Back to these debunkers, they can keep arguing with Gary but they don’t offer any solutions (maybe) and are not wise enough to realise they are or could be wrong because they just go by the theories etc and will always fall back on it to protect themselves. That’s just my take on it. Just ask yourself (others too), who is buying up all the property in the UK? Private equities. And then which party currently not in government sides with them?