The Capitalist Club that Keeps you Poor! | Faiza Shaheen

Video Description

https://www.patreon.com/TheTeawithMyriamFrancois?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink&fbclid=PAZXh0bgNhZW0CMTEAAabkrbubUPKErSGVFGL5bzjQytkb9HanzeLQBUi8U-mU6g5aVSTqE5ej7sQ_aem_SO9ihK10zUz3TdyPOD2ngA We’re told inequality is acceptable — as long as anyone can make it to the top. But what happens when the ladder is broken, and most people never even get on it? How did we end up with an economy that no longer works for ordinary people — yet works perfectly for the wealthy? And when did democracy get hijacked, with left-wing parties serving corporations, instead of the voters who put them in power? In this episode of The Tea, Dr. Faiza Shaheen, economist and executive director of Tax Justice UK, examines who benefits from an economy in which the wealthiest 1% now hold more wealth than the bottom 90% combined. And why taxing the ultra-rich is now a democratic necessity. As elites gather in Davos claiming to tackle inequality, Oxfam warns that billionaire wealth is accelerating at record speed. This isn’t a contradiction — it’s the outcome of a system designed to concentrate wealth, protect billionaire power, and turn working people against each other, while wealth is funnelled relentlessly upward. We discuss: ⚡ Why meritocracy is modern capitalism’s most successful gaslight ⚡ How trickle-down economics funnels wealth upward — every time ⚡ Davos: Why elites refuse to tax themselves ⚡ The myth that “the rich will leave” — and who actually is leaving ⚡ Why we need a “wealth tax” ⚡ Islamophobia and the Labour Party: “They think we are stupid” ⚡ How rising inequality drives more state surveillance With UK billionaire wealth rising by £35 million a day, executive pay ratios at 386:1, and 22% of the population living in poverty, Faiza argues that change never comes from the top — it comes from collective power refusing to know its place. 👉 Subscribe for fearless, independent conversations 🎧 Listen wherever you get your podcasts #TheTeaWithMyriamFrancois #FaizaShaheen #Inequality #Meritocracy #TaxTheRich #makethempay #abolishbillionaires #Davos #WealthTax #UKPolitics #USPolitics #CostOfLiving #Capitalism #TaxJusticeUK AUDIO CREDITS Presenter–Producer: Dr. Myriam François Guest: Faiza Shaheen Senior Producer: Sara Farolfi Producer: Nadège Bizimungu Assistant Producer: Poppy Jacobs Research: Maryam Abada and Martha Missingham Video Editor: Max Bubnov An MPWR Productions show. 🎥 Click to watch. Subscribe for new episodes. ❤️ Support independent journalism that tells hard truths. 00:00:00 - The Myth of Meritocracy and Wealth Inequality 00:01:21 - Britain’s Strategy of Horizontal Infighting 00:02:15 - Introducing Dr. Faiza Shaheen 00:03:16 - Living Inequality: From Working Class to Oxford 00:05:02 - Capturing the Labor Party: Why Shaheen was Excluded 00:10:08 - The Climate of Fear and Islamophobia in UK Politics 00:18:38 - Hierarchy of Racism and the Complacency of the Left 00:21:02 - Davos and the "Capitalist Club" 00:27:52 - Debunking the Myths of Taxing the Ultra-Rich 00:36:35 - The Economic Problem of Wealth Hoarding 00:44:53 - Economics 101: Re-evaluating the "Magic Money Tree" 00:51:25 - Flatlining Opportunity and Building Grassroots Power Disclaimer: The views and opinions expressed by the guest(s) on The Tea YouTube series and podcast are their own and do not reflect those of MPWR Productions or its licensees. The appearance of this YouTube programme and podcast on social media platforms does not imply endorsement by MPWR Productions. MPWR Productions disclaims any liability for damages arising from the use of the podcast and its recordings to the fullest extent permissible by law. This video is intended for informational and commentary purposes only and reflects the personal opinions of the guest and creators. The inclusion of public figures or journalists is based on publicly available information and does not imply guilt or wrongdoing. The views in this video do not establish a professional relationship with viewers and do not constitute legal, professional, or personal advice. Viewer discretion is advised.