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What Replaces Capitalism? | Grace Blakeley meets Paul Mason

Summary:
An excellent video on how Labour will redistribute wealth in the UK. Workers will get a share of company profits up to £500 and then after that the government well take the rest to reinvest into the UK economy. Paul Mason says it will make entrepreneurs invest in high tech industries instead of low track ones like cleaning services because it's easy money. Everyone benefits, workers get a cut of the profits, society benefits from higher skilled jobs, and entrepreneurs get to do more interesting work. [embedded content] At The World Transformed 2018 Grace Blakeley talks to Paul Mason about the consequences of Labour's first steps towards moving beyond capitalism.

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An excellent video on how Labour will redistribute wealth in the UK. Workers will get a share of company profits up to £500 and then after that the government well take the rest to reinvest into the UK economy. Paul Mason says it will make entrepreneurs invest in high tech industries instead of low track ones like cleaning services because it's easy money. Everyone benefits, workers get a cut of the profits, society benefits from higher skilled jobs, and entrepreneurs get to do more interesting work.


At The World Transformed 2018 Grace Blakeley talks to Paul Mason about the consequences of Labour's first steps towards moving beyond capitalism.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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