American reacts to: How the US Is Destroying Young People’s Future

[@anglosaxon5874]

A lot of this has to do with really bad employment laws in America. Americans live to work, whilst the rest of the west work to live.

[@Be-Es---___]

Bad law, due to the fact of less trade unions. You know, those socialists. 😅

[@Why-D]

@anglosaxon5874 and most of those protection laws in other countries are considered as human rights. And it works. There is hardly any other country in the world, without mandatory paid vacation or (paid) maternity leave before the birth.

[@lifth13]

@@Be-Es---___ Thats wrong. Unions here in europe (i'm german) are contributing to the same problem thats described in the video. They work in favor of those, who have established their position and are in a job. But all those protections that unions are fighting and standing for, are at the same time making it harder and harder to get into a good job. Its a zero-sum game between the people inside and outside of jobs. Unions help the ones inside and the youth starts outside.

[@mbwahaha]

@@lifth13 There are good and bad things about unions, but in my opinion, they hurt the employer and the country by making the market less dynamic and less productive. In my job, there are several unions, none of those have helped me when i asked, they are a bit like a mafia.

[@Zirion123]

​@@mbwahahaAll jobs have unions here in Norway and we have higher gdp per capita and higher human development then the usa, so yes it works here because ppl and workplaces dont hate Unions. Its the mindset and culture thats the problem in the US.

[@ingmo9]

Am an old women in Sweden. Stumbled into your channel. So like your approach on differnt sides on how life is lived in different corners on our globe. ❤

[@Spiklething]

You are only as old as you feel 🙂

[@ingmo9]

@@Spiklething ❤️

[@ryanwuzer]

thank you very much, that's awesome

[@jeroenweesie4510]

My fellow Europeans, do not react as if this is an American phenomenon, there are strong similarities to what is happening in most of Europe as well!

[@Be-Es---___]

You are absolutely right. The only difference is that on the law side, there is some buffer. But that is melting away.

[@dzzope]

100% However, Europeans I feel are more open to what works being an option. IMO, too much power and money is being concentrated in too few and that's how empires fall. People get desperate and do desperate things, like climb in an overloaded boat, or join a group fighting for something because they are angry and desperate. Spread the wealth.. That mean clothes and chocolate and coffee and all the other things should be slavery free and everyone paid a fair wage.. slavery so stockholders can have bigger dividends.. WTF are we doing?

[@beckysam3913]

yes, its happening, esp in health sector for decades, profiting while not giving service back whle clinic ceo make millions on back of mandatory health insurance money and on us nurses. if people do not defend while free market and cooperate capitalism exploit people, we will face world war 3 in europe, europeans do not joke, if you put pressure on us, we defend and history books show how we do it.

[@dudoklasovity2093]

it's not EU has strict employment laws and vacation, basic benefits like insurance are embedded in LAW. This is totally absent in USA. The employment law in USA is a joke (and a bad one).

[@lbergen001]

​@@dudoklasovity2093agree 💯. In most European countries, the taxes are progressive, education is free/affordable, healthcare is for everybody. All focus on social (not socialism, bc that's something else!) societies.

[@alwynemcintyre2184]

If you're not in a union, join one

[@Nils.Minimalist]

As a german i've been in a union for almost 2 decades ... that's pretty normal here ... we're just annoying "space Karen" (E. Musk) here in germany with our unions 😂

[@maximilianhindenburg3168]

Elon Moschuss ​@@Nils.Minimalist

[@fredrik3685]

Team up!

[@robwhythe793]

Fabulous, thought-provoking talk. But you know how those who don't like it will defend themselves against it? Call it socialism. For those of us watching America from outside it seems a very strange place. Good to know that at least one of you can see that too. Keep learning... 😵‍💫

[@DangerousDave1982]

I've always thought that if I was American I would move to a country with actual healthcare for starters. The idea of working 3 jobs to pay rent would be enough to make me swim to the EU.

[@gerardflynn7382]

I am glad that I am in the EU. The US seems to be going backwards in time.

[@MetalGuitarTimo]

uhm... its not much different here. lower income than our parents, rising house prices and so on

[@gamingtonight1526]

I would be concerned, because when America collapses in 10 years, it will take the world down with it.

[@Fuxy22]

EU ain't any better mate, house prices are pretty high even in Europe and the UK is in pretty much the same boat as the US at least in London.

[@frea2191]

True... the US are the perfect example for what happens if capitalisim stays unregulated for too long... EU has its own problems thou... ironcially overregulation of pretty much everything

[@JohnDoe-xz1mw]

@@Fuxy22 yeah things are pretty shitty here currently but saying its not any better than in the us is like saying we are standing out in the rain getting wet while the americans are leonardo di caprio being pushed of the clearly big enough door to drown ...its the same...there are levels, just becaue both are shitty situation it does not make them equal.

[@sharonmartin4036]

People laugh when they are uncomfortable, or when they fail to understand. Most of the laughter here is uncomfortable laughter, and rightly so. It's not a comfortable subject because it is true. Looking forward to part 2.

[@burningsheep4473]

Yeah, it's worthwhile keeping in mind that people can have all kinds of reasons for laughing. When listening to Comedians people often seem to have difficulty when it gets more serious and so just keep laughing when it might not be appropriate. Sometimes it's just reliefed laughter that somebody has finally said "it".

[@sharonmartin4036]

@@burningsheep4473 Very true.

[@carolinegrant7788]

In Scotland all education is free - for all age groups. We have the best educated population in Europe & in the top 4 of the very best in the world. Over 40% of adults between 16 - 64 have completed some form of tertiary education. It is totally possible for any country to do this - it is a political choice. The population of the USA are brainwashed - from childhood - to believe that USA is the best Country in the world - & for some that is true but for the great majority it is sadly lacking in caring .

[@Maisiewuppp]

You said it very well.

[@Mike-lb1hx]

Doesn't Scotland have a greater inequality of access to Uni than England? Scotland also runs a substantially higher deficit than the rest of the UK so you can argue Scotland's free education is reliant on English taxpayers willingness to pay for it

[@daviddowsett1658]

@@Mike-lb1hx Sting ... I'm from England, but I can guess the SNP response would be, then let us leave, we can then join the EU and we will be taking the North Sea oil with us and you can move your Nueclear Sub base from our land ... Thank you very much.

[@Lysandra-8]

​@@daviddowsett1658Great answer 😂 I'm sure the EU would be happy to welcome them

[@TerenceSquires]

@@Mike-lb1hx 100% true and deliberately overlooked.

[@trailerman2]

Ryan a lot of your viewers appreciate your soap box !!

[@alanpotter8680]

I certainly do.. It's a reaction video, after all.

[@Peter_Cetera]

I already hear the right-wingers screaming: "Scott is a commie! Lock him up!"

[@shanegates678]

It's sad people on the right don't know that a spoonful of socialism is what they need and actually want.

[@Bramfly]

Really becoming a global citizen Ryan, great to witness your journey

[@davidmalarkey1302]

He's a citizen of his bubble and he never leaves.

[@sunseeker9581]

​​@@davidmalarkey1302 yet you continue to watch. Most people live in a bubble.

[@jeroenweesie4510]

People should not only read Adam Smith's Wealth of Nations, but also his "Moral Sentiments'. A society without a moral foundation collapses.

[@torstenkersten8566]

12:36 chanel bags I think when I hear this my brain comes up with what a good public and tuition free education is worth. Germany after 1945 ... all it had left was her human resources and the state of their skills and education. I am convinced the latter was a fundamental part of Gs past 79 years 'success story'. I still struggle to understand how the USA ticks ... it's so different from the peace of mind I am used to here ...

[@Lysandra-8]

💯

[@menschin2]

I've seen this video. I like the gentleman. He can explain things in a reasonably entertaining way.

[@Aquarium-Downunder]

Minimum wage in Australia, As of 1 July 2023, the minimum wage is $23.23 per hour, or $882.80 per 38-hour week. You like to punch numbers to show how things 30% are cheaper in the US, but we get paid over 300% more and work less hours. You can buy a nice house for under 2 years income in Australia, in my town you can buy a house for 6 months income within 5km of the beach.

[@psyckwhoever4197]

"This is too much for me" is hard to hear. Thank you for doing this!

[@winterlinde5395]

I’m here for your soap box talks 👍🏻😃

[@straticfox4600]

The problem is even in a free market monopolies will always form regardless as large companies get bigger and bigger and can undercut any competition. Irrespective of the fact that no market can be or ever has been truly free.

[@Mike-lb1hx]

For higher education the UK does a degree in 3 years. If you reduced the holidays to a "mere" 7 weeks a year you can do that in 2. If you worked hard at Uni as you do in a job you could easily do a degree in 18 months. Even if you pay the same in tuition costs you have saved the living costs for 18 months in the UK and 30 months in the US while extending the career. The same idea applies for Masters and Phds

[@missgranger5362]

Hi Ryan, I love your content, I hope you will visit our European countries someday. Love from France!

[@dudoklasovity2093]

I think the absolutely WORST aspect of life in America is the working "culture". Many companies automatically expect employees work overtime every single day without extra pay and the government lets them get away with it. This is reason why I am leaving USA, it's just not a good balanced life here.

[@alanpotter8680]

And that is why I keep telling these whiney EU fellows of mine that we are nowhere near to what's happening in the US. When I was working for a company they didn't let me work overtime, even though I could from time to time. No. They made sure I left work on time, otherwise they have to pay me or be fined thousands of euros (if caught). Now that I own my business, I'm required by law to send my monthly employment plan for each of my employers to the employment office/agency and they DO check on workers every now and then.

[@fishtigua]

I like it when Scott is on the Bill Maher show, he doesn't hold back. Where I live, a tiny condo is now £450k and they've stopped building new ones.

[@alanpotter8680]

Easy solution. People should stop buying in those expensive parts of town and chose something else. Here, where I live properties went up some 300-600%+ (South Athens, Greece) in the past few years, just because they are building this new mega project, the Athens Riviera park. If we sell our house now, we can buy a nice-sized island. You know? We tried selling it. There are no buyers. The prices are all fake.

[@fishtigua]

@@alanpotter8680 Like many Greeks, I too live on a small island. We keep losing too many families.

[@sventer198]

Ryan, this is not just an American issue. Although it most certainly is seen at its worst in the USA, all across the world .this has been happening, even in Australia. Tertiary institutions worldwide need to hear this! Not that they would listen, because the idea is that only the elite get in and get the tops jobs, after all. If they cannot do it with money, they do it with ever higher GLA expectations, or by narrowing the hoop you have to jump through to complete your qualification to such an extent that only the hand-picked few get into certain professions. It is a nightmare. And do not even get me going on how they are still making us write exams across the board whenresearch has shown that is the worst possible way to test knowledge 🤦🏻‍♀️

[@hazeform7689]

ryan i tell what i call the wages V wealth gab: exploitation and modern slavery. and To clarify you are not a capitalist...you just live in a capitalistic society. Capitalists are those who have the money

[@jakubosiejewski9859]

You can support free market and not want the economy dictate policies.

[@hazeform7689]

@@jakubosiejewski9859 Not without an absolute ban on lobbying in any form and an absolute ban on additional income or part-time jobs for politicians... In addition, your electoral system would have to be fundamentally reformed because it is undemocratically opaque and very easy to manipulate

[@davidmalarkey1302]

This is a sad indictment of American society today.America is of the most divided and decisive countries on the planet. The average American is amongst the most willfully ignorant people on the planet. Americans taxes fund the military and that's it nothing to benefit American citizens. The election in November could see the end of democracy and America become a dictatorship. So much for the land of the free.

[@MaryRaine929]

💰Money is power and greed is human. In a 100% free market economy, power will always go to where the money is and the rich will grab more and more of it. That is why a market economy must be regulated at least a little by the state in order to prevent a constant redistribution of wealth from the bottom to the top. Unregulated, free capitalism inevitably turns into predatory capitalism through greed and hopefully nobody believes in the so-called „trickle-down-effect“ anymore. This was an outright lie to keep the masses quiet.

[@Dave1507]

I think you'd have to be a capitalist to be wanting that money in the first place. You don't turn capitalist only when you surpass a certain threshold.

[@Fuxy22]

Its funny because most people think the same way and can't help but agree... people are selfish. That's why this sh*t needs to be kept in check.

[@tonybennett4159]

Ryan, I feel for you, but even though the US is a particularly bad case, other countries are not so far behind. Here in the UK we have the same problem of upward movement of money, of increased child poverty, of more people needing to access food banks etc. Infrastructure has also been allowed to crumble and even our beloved NHS is in danger of being turned over to the private sector. I'm in the much reviled group of baby boomers but hate what our country has become. As a single junior school teacher in the 70s I could easily afford my zone 2 London flat, now two such teachers couldn't, they'd fall well short. This appals me. I'm convinced that the troubles began with Reaganomics and Thatcherism. As there were still decent people around, their neo-liberal, union busting policies showed their true colours rather slowly but as the years went by and more unscrupulous people moved into positions of power, the so-called trickle down idea turned into a welling up then an absolute gushing upward of money into the hands of fewer and fewer people. The English speaking world, in thrall to Wall Street and The City followed suit all too readily. Even the (in name only) socialist parties, Blair's New Labour and now Starmer's brand of authoritarian Labour have been singing from the same hymn sheet giving us virtually no chance of a change of direction.

[@beckysam3913]

US citizen have different mentalitly, while they can be generous and donate to their liking, they do not want a system where they would pay into a system, that distributes back to society as a service, no one wants to pay tax money to fund streets, bridges, clinics, colleges, universities and abolish tuition fees and fund public transit, people dont fund other peoples lifestandard and that includes education, healthcare, child upbringing, and walkable cities. the citizens are too individualistic, made profiting to center life philosophy, love winning, love competing even if it means there will be wounded. while that behavior lead to extrem rich and extrem poor, social injustice and suffering, it will in the end be more costly to manage societies need. in USA being a millionaire means nothing when inflation is high, its also a bad sign bc economy is heading negatively. we in europe have not the perfect system, but we are aware of extremes forms of society that existed on european grounds, what factors led to wars, end of monarchies, end of dictators and to what unwanted outcomes social justice can lead and that it will be more costly for all and no one wants civil war in the end. countries that exploit and pressure their people to the brink of collapse will be gone in 100 years, like china, majority of african countries and USA. european countries may have damages but solidarity, socialistic system and empathy outweighs greed, exploitation and corruption.

[@schtreg9140]

Ngl the fact that you NEED comedy for people to pay attention to a speech about their children's future portrays some much deeper issues about American society. And I guarantee you these people forgot about the lecture 5 min after it was over.

[@Lysandra-8]

Political cabaret is also very popular in Germany. We have some really good TV shows and people watch them regularly. If that's the format in which you can say these things and get attention, why not?

[@schtreg9140]

@@Lysandra-8 The problem isn't the format itself. The problem is that you need the format for people to pay attention. Political cabaret in Europe had a different tradition/role and was a way to criticize the ruling class indirectly through humour without repercussions. It's the evolution of the jester. What Ryan said was right tho. You NEED to pack political messages with humour/entertainment for them to get traction in large parts of American society. This marriage of the entertainment industry with politics isn't the same as political cabaret. The worst aspects of it brought us characters like Donald Trump.

[@rickb06]

You don't talk too much, everything you said added value and emotional context. I enjoyed your commentary, and i wholeheartedly agree. I'd prefer if the elite and our government fixed the many glaring issues BEFORE the revolution breaks out, we don't know unequivocally who will win, if something urgently and dramatically doesnt surface soon, we're doomed to a literal war.

[@ce17ec]

The emotions you showed, listening to him and the laughing of the audience was very real and very justly! I agree totally to that. When you continue with these KZbin reactions, the risk is that you loose your trust in the US totally capitalistic system and become more and more open for social-democratic ideas. You even would want to leave the US one day, but sheer up, we will welcome you and your family in the old continent ....

[@Mike-lb1hx]

Almost everyone is worse off from higher home prices, sure my house is worth more nominally but if house prices were lower I could afford a nicer house If I sell my house I have to buy another one and pay the agent involved in the sale more. This is true in the US, the UK, etc In the UK prices are kept artificially high by planning laws

[@aspenbackwoods1192]

It was a competitive economy, but now we'll see the winners, there's no need to compete anymore, good luck to the winners!

[@palantir135]

It’s called greed.

[@franciscardon223]

It's a wake up / a electro shock how the sociaty is suffering in the USA

[@Aios_Blaise]

@18:15 Legendary status indeed. Dont know if you already reacted to Sir ken Robinson "schools kill creativity" and " how to escape the death valley". In said videos, he explores the way we made the educational system and it's eye opening. It is already 17 years old, so odds are you know about it.

[@Aios_Blaise]

Also, great video. Wouldn't have minded to watch the entire 50 min reaction 😎

[@frankripley6401]

I think one reason that this is perceived as such an injustice is that in the USA you conflate what is in the rest of the world a state retirement pension ( basic income paid as a result of a working lifetime’s contributions into a fund) with Social Security, which is what most understand to be payments to those in need & no or insufficient income to survive. Two different things. Obviously the more you put in, the bigger the pension payment out. In most parts, pension age is increasing with increased life expectancy; social security payments are not age dependant.

[@0KiteEatingTree0]

We have the same in the UK Highly recommend checking out Gary’s Economics Wealth inequality is the biggest thing those in power and many economists won’t even think about.

[@Tacko14]

I don’t like how he says ‘Do WE love OUR children?’ Same as all those blaming the boomers, same as BP wanting us to feel guilty over over our personal carbon footprint. I’m genX, I didn’t cause any of this. Nor my parents. We just took a dayjob and tried to make a living like anyone else. It may have been easier in our day, granted. But we were never in any position to dictate, change or fight any policy. Blame those that were. Politicians and lobbyists for corporate big boys. They did it. They never loved your children, children are future workforce and customers to be conned. And I for one never voted for that lot.

[@Why-D]

And besides the low minimum wage, those who may get a tip, get even less. Unforetunately, many people even in Europe think of that "US way of life", the market will regulate everything and everything should be privatized. Even for cities they thought about big car centric roads and putting outlet stores on the outskirts. At least that has been changed and at least in Germany the majority of education and study is given in public school and universities fro free (for the pupil / student).

[@mjb7015]

Do you own a factory, employing staff to produce goods? No? Then you're not a capitalist. You're a consumer.

[@Burglar-King]

When he said “ We are public servants not effing Chanel back (sic)”. I think he meant bag. He is talking about being treated as a commodity. “Chanel handbags are often considered a good investment due to their reputation for timeless design, craftsmanship, and exclusivity. Many Chanel bags, particularly limited editions or those with iconic features like the Classic Flap Bag, have seen price increases over time.” (Quora. Is a Chanel bag worth its price). I’m from U.K. but the same thing is happening all over the world. It’s a huge statement to unpack and really wasn’t funny in any way.

[@Maggie-xu4qn]

I like you commenting on Ted talk, so much better than silly KZbinrs. Its thought provoking and thats what it is about

[@Dean-xj9ww]

There’s a book I read many moons ago… The Ingenuity Gap by Thomas Homer Dixon. There’s tons of stuff that’s still relevant. On page 595 there’s a graph that shows the gap in wealth. This has been going on for ages where the rich get richer and the poor get poorer.

[@angulion]

TED and the less official TEDx has many very very fascinating and interesting speeches. I can highly recommend anyone to take a look or two or many there. This seems to be a fantastic speech, amongst many I recall, one would be someone giving a speech that was studying the brain, and while studying having herself a seizure/clog/something and trying to analyze and record as much of it when it happened to her..

[@BenjaminVestergaard]

Every good teacher has an amount of humour and self irony... even when asked questions they don't know how to answer. When I asked why electrons doesn't travel in time if their speed is the same as light, but I don't dissolve no matter what direction I move... he just smiled and said "that's way beyond what I should be teaching"... now I just know that moving keeps you young... Because he didn't pretend to know one bit more than he was supposed to I now know more than him. But damn, quantum theory is indeed a whole different book than general relativity.

[@jennybertenshaw7694]

I think this was discussed over 20 yrs ago...Where the wealth of the USA was shown to be levelling up It was likened to a block of high rise apartments where those at the top were gathering in almost 80% of the available money How those seen as middle incomes were losing every year by at least 20% So thus losing the middle class-s Those at the bottom of the block ,ie the poor were growing yearly So that now our young have almost zero chance of owning their own homes, or achieving even the middle incomes we had ie the rich gotten richer and the poor got poorer back to the middle ages

[@stevehartley7504]

Its breaking down because wages are going down in real terms! Benefits for workers are a means to bring their wages up to livable!!!! Wages should be livable at source!!!!! Companies make hideous amounts of profit yet keep wages low by having to subsidise the workers. This is done through taxes nobody likes paying, so the middle incomers hate the poor who have to rely on benefits!!!! All the while th hyper rich control the wealth through lobbying to restrict access to benefits!!! This sounds good to those who vote, the middle class!!! Cheaper to buy a congressman etc than pay a decent wage!!!

[@RBB52]

One thing to remember is that the current seniors paid into Social Security in good faith during their working life. The reason the government now has to put extra money into Social Security is because they, the government, regularly raided the fund over the last 50 years or so basically stealing the pension fund. In Canada we had a similar situation with our Canada Pension Plan. Because of this, seniors receiving CPP benefits, are getting about one third of the money they should be receiving. So, no the young are not really paying for a wealth transfer to seniors, they are paying for the historical theft by their government. In Canada, the seniors are paying for the theft by their government through significantly lower pensions.

[@sophiastorm8616]

How do you control the monopolistic corporations in a capitalist economy? With safeguard rules. With the law Of course, that would imply, honest politicians, no corruption between capital and politics, and that, well.... that is, quite a conundrum

[@dorisschneider-coutandin9965]

The audience laughing at pretty serious information (however "jokingly" Scott Galloway might bring it across) makes me realise how much out of touch people in the USA are, how little they know, or care?, about other countries and their systems (education, finances, commerce, etc.). Every laugh is one person not caring, or not enough caring, or not believing that the USA have barked up the wrong tree for decades now. Sorry for being harsh, I'm German! Also - the truth hurts, and Mr. Galloway presents much truth.

[@DerFoerderator]

Also german I think the audience laugh because its not funny but to counter the desperation and the dead inside them.

[@Lysandra-8]

Also German here, I laugh when watching “extra3”, “heute show” and “die anstalt”. Laughing sometimes helps to bear the bitter truth

[@NapiRockAndRoll]

Don't expect any change if you keep voting on the two main parties. They are both on the right side of the spectrum and well paid by the corporations not to make any citizen-friendly law.

[@irenestahl1598]

Its interesting to hear your thoughts about the ted!

[@Phiyedough]

I don't agree with him about social security. If you pay for a private or state pension you are entitled to benefit from that money when you retire. In UK we had the situation where the state pensions were initially paid out for people who never paid in. They were using tax payments from working people to pay pensions for retired people. That way you end up with a scheme that is never adequately funded, especially when medical technology advances result in increased life expectancy. The state pension should be the same for everyone though, high earners can pay in to a private / company pension as required.

[@erikwsince1981]

The issue is not so much the Social Security wealth transfer that Scott talks about, as much as it is the S&P500 wealth transfer. That is the real deal wealth transfer that is destroying the middle class the world over.

[@Dqtube]

I think you might also like @supertanskiii last rant about the situation in the UK after this one.

[@nickmasuen1859]

Social Security was the "cornerstone" of President Franklin D. Roosevelt attempt to get the United States out of the Great Depression. He announced his intention of it to Congress on June 8th, 1934 and it was signed into law on Aug 14th, 1935.

[@lipgloss202]

Fantastic video.

[@stevefoulston]

Midnight Oil - Read About It (1982) The rich get richer, the poor get the picture. Peace out.

[@keyboardoracle1044]

Because you have 2 economic right wing political parties in a 2 party system. Regular people will always loose in this system.

[@HanneMary]

There’re a lot of videos especially about how the influencing to buy stuff is keeping people poor. Just had to think about a fiction podcast where a money museum was opened and someone held a saying if you feel the need after you talked about how the world is so awful and feel about your wealth hand money to the next homeless person you see, it will do the world some good. If laws keep getting made so 10% of people have as much as the other 90% in the society you can see the next wars coming (not to mention climate catastrophe etc.) also asterisk it was mentioned that people should pay the same amount of taxes on shareholder money, you can better believe that never happened.

[@cindz4618]

Sam Bankman Fried ( FTX) look into it. Parents and him worked/ studied and parents still working in Standford Univ. The mother was on the ethics committee and with crypto their son stole peoples pensions etc. Billions world- wide.The parents also benefitted.

[@Smo1k]

Scott for president? I'm in! SCOTT FOR PRESIDENT!

[@LuLa-hu7gx]

In Germany its the same with the pension. The more you earn, the more you can put in and the more you'll get.

[@fredrik3685]

Many brilliant talents are never found if only the elite can get higher education.

[@dresdyn100]

Ironically despite all this, the US doesn't even rank in the top 10 of successful capitalist countries of the world when measured against numerous metrics the main one being economic freedom i.e. This is what Scott's talk boils down to with regards to opportunity. In all cases, the countries that do land in the top 10 have free or very inexpensive higher education and very effective and robust social safety nets. Most countries with effective social security systems base it on your income, that is, the more money you have the less you get.

[@Junebug1357]

How Social Security taxes are calculated is even more messed up. Taxpayers pay 6.2% of their wages into Social Security up until they earn $168,600. After that amount, they don't have to pay any more. So when you look at social security as a percentage of income, the percentage starts going down for people making more than that. Personally, I think they should continue to pay that same amount regardless of their income. Everyone paying in the same percentage seems fair. It might even help with the whole "depletion of funds" that's going to hit someday. I'm in Gen X. We've been told for years that I should only expect 70% of what I'm entitled to due to the social security fund running out of money. So in that sense, it's a tax on the young. We pay into it but we're not going to get as much out of it (if anything). So we need to be saving up for all of our retirement ourselves and not be "lazy" and rely on handouts such as social security. My parents exist on social security. Despite my college degree, I don't foresee my financial situation ever being better than theirs unless something drastically changes.

[@aiynar-1]

A new ryan video posted 9 mins ago? Sweet! edit: yeah about the laughing reminding you of a black mirror episode... most of the people he's talking to are of the demographic he's accusing.

[@gerbentvandeveen]

In Bunschoten-Spakenburg, Netherlands. Do we have the same problem? The average house prices here are between €500D and €1.35M. My current home is 450 yards from the historic center of Spakenburg and the UNESCO harbour. I bought my first house when I was 22. Really in the center of Spakenburg. But now I need something for disability,for my wife's health. And then €450/530D comes first. With a renovation of more than €100D. If I do it myself. There have to be in the small Netherlands. About 100,000 homes are built every year. But the law and regulations. Make that almost impossible. Greetings from Spakenburg, Netherlands.

[@burningsheep4473]

I don't think I have ever heard anybody call themselves a "Capitalist". Not around here anyway. We all know that we are living in capitalism and that it generates a lot of wealth, but perhaps there is just more of an awareness of its shortcomings.

[@VV33Dy]

No Ryan, they are laughing because he actually made a joke/took a shot at LVMH while meaningfully adding it into his speech. They understood it since those people are usually educated and therefore laughed at the intended joke. I wouldnt say its ouf of place. As for the joke: LVMH (Louis Vuitton Conglomerate) is famous for having very limited runs of their lines, therefore creating an artificial scarcity and thus a cult following as well. The comparison is then made with Universities who apply the same model. Thats the joke. They werent laughing about the prices going up, but that universities follow a shitty ass business tactic thats fit for a design brand with 0 value to society. Maybe not the funniest but i snickered as well since its an unexpected and well hidden bit.

[@sharonmartin4036]

They laughed because it is an uncomfortable subject and ANY levity is doubly welcome to alleviate that discomfort. I sincerely doubt that most of them "got the joke".

[@VV33Dy]

@@sharonmartin4036 i think its fair to say that if a guy from europe whos third language is english, has no university degree and 0 interest in fashion got the joke, then highly educated people who get to sit at ted talks definitely got the joke

[@sharonmartin4036]

@@VV33Dy You make a very good point, however I am Scottish/English, and I heard both the tone of the laughter and the relatively poor quantity of the laughter, and I still stand by what I said. You may be right but I just don't think they all got it.

[@VV33Dy]

@@sharonmartin4036 oh wow, what a measured response. chapeau

[@sharonmartin4036]

@@VV33Dy 🙂🎩

[@cizlerable]

The thing is wealth transfer to social security helps a lot of people and has a minor effect relatively on wealth disparity to just taxation policy. The argument is not wrong that social security could be better, it's just politically unhelpful. It will be used to destroy social security all together in stead of going for the stated goal of the video which is decreasing wealth and income inequality between young and old. Tax the rich. Higher income scales, wealth tax, tax income from investment more.

[@erceas1692]

I have a big crush on this guy...

[@jagjay8033]

im 55 in the uk when i got my first job in 1988 i was getting £22.50 a week for 40 hours the average house cost £77.000 that is over 45x what i earned in a year

[@dougm659]

£22.50 a week…wtf were you doing for that pittance? You sure you didn’t mean £22.50 a day?

[@jagjay8033]

@@dougm659 i was working as a apprentice joiner in a factory making windows and doors for 3 years then went on to be a plasterers apprentice making £50 a week and was a plasterer for 25 years now im a hgv driver making £350 a day

[@charlyquinn]

They find it funny because 1) it's true, so dark humor in that case. 2) that's how some people cope with devastating news

[@Smo1k]

11:49: Public servants capable of living inside a hour drive from the service that someone needs (not wants, needs like a heart attack): 0.4%

[@xlerb_again_to_music7908]

Found Gary Stevenson's channel yet? He's a Citibank top trader who quit about 10 years ago and now reports on why this is all happening - from the inside. It's almost as if this is all deliberate...

[@LuciusFaith]

i think minimum wage here after taxes for free healthcare and so that people can get paid to go to school. is 11 dollars! AFTER TAXES!

[@Spiderboydk]

The laughing might be nervous laughing to diffuse awkwardness.

[@RickTheClipper]

The best advertise to migrate into the EU

[@KennethCarroll-d6i]

Greed greed and more fucking greed god bless America

[@lgvrsfft]

regarding the stock market, yes everybody "can" participate, but most cannot, because you need free income to do so. If you are living paycheck to paycheck you cannot participate in the stock market. Conversely the more free capital or income you have, the more you can invest and increase your capital even further without doing anything. it is inherently designed to keep poor people poor and make rich people richer. I honestly dont understand why people, who are generally not actually profiting from late-stage capitalism but are just wealthy enough to save a few hundred bucks a month or pay off their single family home, would call themselves capitalists. I mean especially in the US most people are one big hospital bill away from homelessness

[@Smo1k]

There is only one important comment to make, and this is here; The world of banking has dislodged itself from the actual world.

[@toniheikkila5607]

"The poor are getting poorer, while the rich are getting richer..." Maybe thats Ryan starting to put things together 🙂

[@rogerk6180]

Reaganomics baby..... Americans sweetheart 😮..

[@shanegates678]

That is the last breath of capitalism. Trickle down clamped shut from greed. Social democracy and semi planned ecconomy is the last reasonable option for the US.

[@angulion]

Laughter can often also be covering up nervousness, like knowing the dude is right and knowing you are part of the problem. Hahah.. Corporate profits vs wages.. For already a long time I have found that it should be criminal for a hedge-fund/investor to buy a functioning, profitable business, then hike prices to max, screwing over customers and employees and ruining the business in the process, just to get 1-2 quarters of huge profits, bury the now dead business. Then move on to the next business, rinse & repeat. It is by nature something very parasitic. Evil. Capitalism is good, but it has to be regulated to work. There are says: "Money flows to money", "Rich eat the poor" and so on.. this is the problem but now at a big scale when say 30-50 corporations owns *everything* and can pick the prices and wages for all. Not being from the USA myself, but from Europe, one of the biggest problems I see is that USA does not have a real democracy. In my country we have like 7 healthy parties. In USA you have 2, with bribery being legalized (lobbying), both are owned by corporations and will do their bidding, not the peoples. You *really* need more parties, direct voting, even somewhat decent and sane, people running for president and so on. You whole system seems totally out of whack. no sane person should want to vote for Trump or Biden and still people do. The whole systems makes people extremely divided and it really does not seem healthy. Great speaker.

[@margaretnicol3423]

At least this helps the students: ''To date, the Biden-Harris Administration has cancelled $153bn (£122bn) in debt for 4.3 million people.''

[@Mike-zx1kx]

The most absurd part are that USA do not need to invent the deep dish here. They can just pick a nation, may I recommend a Scandinavian one, and copy their entire system and then get ALL citizens covered WHILE saving a huge sum of money. No doubt that would mean that a lot of sales persons in drug companies would be laid of together with a lot of the administration in health insurance companies but they all have qualifications other industries can use and thus turn these unproductive "leech" jobs to someone that actually add value to USA and it´s GDP. Same with the lack of transition to an emission free energy production and usage. Also here USA seem stuck in the 60´s BOTH US parties support subsidising fossil fuels in USA thus effectively preventing a free market making it possible for the otherwise cheaper emission free solutions, like windmills, to become a true part of a transitioning. US media normally loves to bring articles about the highest and fastest etc. But I have yet to met an American that have heard of the worlds largest transition project away from fossil/nuclear fuel, the "North Sea Summit Agreement" That were signed in Jan. 2023 and will transition 220 (!) million Europeans to emission free energy. It will be done with offshore windmill parks in the North Sea. On top, inside same project, the worlds largest green hydrogen production. Hydrogen are made of electricity and water and when burned it only emits.....wait for it......water! A small one digit percentage of the hydrogen will be used to ensure emission free energy when the wind does not blow while rest will be sold on the open market for cars/trucks/trains/ships AND planes. Both the 4 stroke liquid hydrogen engine works as a gasoline one and the hydrogen jet engine have been in use for decades, just not for planes. NOTHING but US politicians and their fossil fuel subsidising prevents USA from making a simple scaled copy/paste of this project since USA have same optimal conditions for offshore windmill parks. Our atmospheric carbon content SHOULD be 220 PPM and now have passed insane 420 PPM. WE are OUT OF TIME: Darwin said survival of the fittest! In USA that have been perceived as the "strongest" but that were not at all what he meant. He meant survival of the most adaptable. USA are not adapting to our scientific knowledge. It have never been a winning strategy to put your head in the sand when your house (our planet) are on fire!

[@jackie_v8]

23:59 keep talking and btw. im a dane. but i just love it what can i say..

[@lost_espandrillo]

Oh Ryan, it´s the first time, i consider you thinking european. All the suggestions this guy makes are more or less realized in Europe, you call it socialisme (as a no-go) we call it a normative goal. Never the less the selfish "the winner gets it all" and "the fittest survives" ideology it´s infiltrating the European thinking, especially in economic respects. But as it is, it works slowly. I hope that free thinking, and thinking with european routes will decrise this developement. Please, Ryan, come to Europe and have a look!

[@carlossaraiva8213]

Ruan, what you want, that more benign form of capitalism you want, it exists and it has a name, it is called SOCIAL-DEMOCRACY and it is a form of SOCIALISM. Socialism, it works. Very, very well.

[@torstenkersten8566]

uhm ... Germany here. None of us here would agree on your statement that social democracy were a form of socialism. We define it still as capitalism, but the form where capitalism is a bit more 'tamed' and not out of control. Germany defines her model as 'Ordoliberalism'. There are huge differences between both concepts so I felt this point needed to be made. ;-)

[@nicosteffen364]

could you adjust the volume a bit? Its hard to listen to you when its loud enough to hear him. Not using Headphones!

[@hanterjider4329]

America is the best 😂😂😂😂😂😂😂😂😂😂😂

[@kevindahlenburg6014]

You will own nothing, eat the bugs and be happy

[@a_lethe_ion]

im not a capitalist bc infinite growth isnt just untenable, its impossible. ressources have to come somewhere and atm theyre extracted from the flesh and blood of the poor wordwide

[@bar-d1423]

As a former teacher I always knew I was hitting a nerve with the boys when they laughed. You’ll see this with your own son one day.

[@Steve-gx9ot]

Lets tell younger people to be kazy and see how their kids wont help when over60

[@rekleif]

Greed is the root of so much suffering, and it´s not necessary for these people to hold this much wealth. The myth of trickle down economy is clearly not working, right? Greed is one of the ugliest thing to observe. There are kids in Africa who cant afford the 5$ per semester, but the boss needs that new yacht really bad so to hell with the kids mining kobolt in Africa. When did it become ok to pay the ones doing the actual hard physical job 3-5$ a day?..... This world is not fair and I believe only God can fix this mess.....

[@almostyummymummy]

Just gotten around to watching this. Don't ever feel sorry for the views you have here. You've expressed them very well. It's been quite refreshing, to say the least, to see/hear/witness. It's been incredibly disheartening and more than a little painful to watch the nation of yours get to this point in its existence. And in such a short time.

[@gamingtonight1526]

It's nervous laughter because of what they're hearing, Ryan! Be more sophisticated in your thinking, please.