[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I am a capitalist,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and after a 30-year career in capitalism
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,spanning three dozen companies
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,generating tens of billions\Nof dollars in market value,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I'm not just in the top one percent,\NI'm in the top 0.1 percent of all earners.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Today, I have come to share\Nthe secrets of our success,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because rich capitalists like me\Nhave never been richer.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So the question is, how do we do it?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,How do we manage to grab
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,an ever-increasing share\Nof the economic pie every year?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Is it that rich people are smarter\Nthan we were 30 years ago?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Is it that we're working harder\Nthan we once did?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Are we taller, better looking?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Sadly, no.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It all comes down to just one thing:
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,economics.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Because, here's the dirty secret.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,There was a time in which\Nthe economics profession
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,worked in the public interest for everyone
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but in the neoliberal era,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,today,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,they work only for big corporations
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and billionaires,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and that is creating\Na little bit of a problem.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We could choose to enact economic policies
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that raise taxes on the rich,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,regulate powerful corporations,\Nor raise wages for workers.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We have done it before.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But neoliberal economists would warn
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that all of these policies\Nwould be a terrible mistake,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because raising taxes\Nalways kills economic growth,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and and any form of government regulation
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is inefficient,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and raising wages always kills jobs.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Well, as a consequence of that thinking,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,over the last 30 years, in the USA alone,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the top one percent has grown\N21 trillion dollars richer
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,while the bottom 50 percent\Nhave grown 900 billion dollars poorer,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a pattern of widening inequality\Nthat has largely repeated itself
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,across the world.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And yet, as middle class families\Nstruggle to get by
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,on wages that have not budged\Nin about 40 years,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,neoliberal economists continue to warn\Nthat the only reasonable response
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to the painful dislocations\Nof austerity and globalization
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is even more austerity and globalization.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So, what is a society to do?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Well, it's super-clear to me\Nwhat we need to do.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We need a new economics.