What do we think of this Gary Stevenson then?

Can’t make my mind up. Really think he communicates stuff to the layperson quite well, and find him really engaging, but do wonder about the holes in his story stuff, and slightly suspicious that I didn’t know who he was a month ago and now can’t scroll anywhere without seeing him.

Prepared to give him the benefit of the doubt, and fully expecting the media to go to any lengths to discredit him over coming months.

1 Like

He’s been grinding on youtube for a good while, and the basic premise of a banker admitting the system bets on worsening inequality and the only route of improvement is effective wealth redistribution is very appealing.
I just dont find him that magnetic a speaker really.

By being white, successful and pretty authentic seeming he does seem to get listened to by the right wing echo chambers though which is good.

15 Likes

Saw him last month on his book tour. He speaks very well and very passionately about the need for a new sort of economic policy, specifically taxing the very rich.

I haven’t yet been able to work out where his ambitions lie: he wants to appear as completely apolitical but I wonder if he is heading towards some sort of advisory role.

1 Like

Don’t trust him cheers

1 Like

Tentative fan waiting for the other shoe to drop

13 Likes

He’s been kicking about on YouTube for ages. Not really got any strong opinions on him, but I suppose it makes a change someone communicating this stuff the way he does.

1 Like

I work with a lot of young lads who are sort of ambiently right wing, have no interest in politics and spend all their dinners scrolling tiktok, and they’ve been talking about him positively recently.

can’t see how it’s bad to have people putting out left wing stuff and managing to get it out into the mainstream of the algorithm.

33 Likes

Anyone taking about inequality and having any kind of cut through to folks not already aware of the terrifying unfairness of the system is valuable atm. Even if he’s on a grift it’s good to have a grifter getting paid for saying the right things for once.

19 Likes

Saw one or two reels and he seemed like he knows what he’s on about, but I have no way of knowing for sure as I know very little about economics and I’m thick

All for it though for the reasons above

His dad played for Rangers so marked down for that

6 Likes

something I’ve posted on here since I don’t know when is creating a left wing populism around taxing wealth & not wages - ie taxing capital & not labour.

This shift to me made sense even in the old industrial-model national economies where increased output was directly linked to increased ‘manpower’ ie increased employment & therefore increased gross tax contributions, because Reagan/Thatcher/‘Trickle-down’ models had long skewed that relationship & were increasing profit for the wealthy and with it wealth inequality - already embedded across at least two or three generations since the early 80s - something needed to act as a dampener on that.

but it makes vastly more sense in our digitised, automated economy where increased output and profit is more likely linked to software changes and/or acquisition of platform/codes/technological advantages rather than industrial modes of production. You can literally have company of a dozen people being worth billions (instagram when Meta bought it for instance.)

I think he’s on it and it’s good to see … but there are two snags in my eyes;

  1. He’s not really radical enough in making the case for a full transfer of how we tax in the digital economy. The stuff that’s breaking through is mainly about banks and money markets & trading rather than the economy as a whole - not enough about coming technologies likely to put a lot of people out of work and make the super-wealthy even wealthier. It plays a bit into the hands of the 'this is just the ‘politics of envy’ -brigade
  2. With that there is also an element of what he says that unfortunately feeds into the general ‘anti-tax’ individualist sort talking points on the right. Like, yes, it is unfair that wages are being taxed at the levels they are compared to how poorly wealth is but it isn’t ‘tax’ that is bad - it’s the system that needs to move the tax burden to a proper redistribution.

Obviously his arguments are more sophisticated and grounded in experience than this post gives credit for but these things in the media tend to get boiled down to flavourless gruel. Would be good to see a proper meaty discussion of how the economy has changed & a whole new tax model is needed in order to serve us for the next 50-100 years rather than having the same guff of ‘taxing the super rich’ being argued down as stifling wealth creation and investment and all that bollocks

Listened to his book and it was alright, bit concerning just how similar to ‘Industry’ his life and colleagues were. Enjoyable that he worked out how to beat his rivals in a game of bluff by not concentrating on the mathematical odds but on the characters around the table, and winning this tournament as a student got his foot in the door at a firm. Some good tales but got a tad boring once he gets to the trading big leagues. Seems an alright bloke to me.

My pal showed me his videos a few months ago and told me he’s gonna get big, and now he has! Wonder how he knew

1 Like

Been around for what feels like ages he seems alright and knowing and having worked in the industry I’m surprised more people haven’t jumped ship and done this rather than opening a dog groomers.

Can’t get beyond Screen Rots description of how he sounds like someone at a Bristol afters holding the joint that you want.

7 Likes

ha was gonna say their ep on him was very good

1 Like

Eats big dinners

8 Likes

Not really seen much of him. Someone talking about wealth redistribution and inequality and alternative ways of doing things is good. I’m probably not the audience for “tax rich people more and spend money on stuff” videos though

2 Likes

I remember someone posting his videos on here about two years ago. I’m also all for more evidence and analysis about financial markets. I’m not sure what he’s arguing/showing that we don’t already know or that hasn’t already been argued. But if it makes it more accessible and credible for some people then sure why not.

Some of his points seem a bit simplistic though. I saw a video of him arguing that property rights should expire after 100 years or something like that. It’s a bit like hey guys I’ve just had this amazing idea … what if we just got rid of capitalism?

Also I think we should be slightly suspicious of anyone who has a book to sell

3 Likes