Hes ready to lead journey this week on d. W. Ah, ah britain. The early 1980 s driven by growing unemployment, working people from all over the country took to the streets. They started in liverpool and marched on london. The situation was explosive. The working class, which had been born during the Industrial Revolution was taking a stand to defend its rights with what hes saying that there was, i should wait for you in this case. When you say jobs wife, same brave home, destroyed by the policy that this voucher government margaret, such as economic model was born out of the 1929 crisis. Now, following the upheavals of the previous decade, choate was reviving it because only this was on the saw exactly what happened in the 1900 seventys. Optimism of the economic miracle years i subsided. The same Time Economics seriously. Milton friedman was from high up, put forward a counter theory, the less date, the better this classroom, new development and theories lead to a paradigm high believed that a big state was a threat to freedom. He valued freedom even above equality. And i think that that value meant that he constructed a sort of theory of how the economy should work, which we now call less a fair or the washington consensus, or that sort of very liberal tradition of Economic Policy making that we should let markets do their business and let individuals make their choices. His famous book, the road to serfdom, had a big influence on Margaret Thatcher as well as a finish that she took off as this Prime Minister in may, 979. She implemented hyatt principles, comp, privatization, and to return to a pre world war to minimal state to redone. Shes a very big figure in british history because she was really the 1st person who told britain after many decades of decline, that actually britain shouldnt accept that it will forever be declining. It can turn it around. And then she, you know, in a very tough way said that some hard medicine had to be taken. Some difficult decisions had to be taken by industry about taxation about government spending. And so the 1st country to introduce the welfare states also became the 1st to try to replicate it some 50 years later. To do this that she had to 1st strike a blow to the trade unions in her eyes. They represented a form of socialism. When she planned to close 20 mines, which were deemed profitable, 80000. 00 minus, went on strike. The longest strike in british history. It lasted from 1984 to 1995. Using all her power, thatcher, crushed at the tragic results. 3 did 20000 injured, 11300 arrested, a 100 year old Workers Trade Union culture was being suffocated. And the people simply shrugged. Under mrs. Thatcher, the welfare state was regarded as some getting something for nothing. It was regarded as a disincentive to works or if he were given benefits, you would not be not be interested in working so, so she reset everything really. The biggest thing she did and the most kind of unnoticed, almost because it was and its kind of people didnt kind of put it all together. Was to privatize massive corporations which had been state run. It was always sold in a way that made it seem. Am that it wasnt quite giving it all away. Oh she did, they cancel housing. She did it with the utilities. She did it with british gas. She did a verb, telecoms and for local council, she, again, part of the state in Less Government met lower taxes and less money for Public Services. That she began drastically lowering the tax rate for those with the highest incomes. And for companies, inequality increased almost immediately. If you look at the sort of a, a measure of inequality of britain over the 1980s, it was one of the most sharp increases inequality anywhere on the planet in there. So these were savage policies when you get to the end of that. And she introduces this thing called the poll tax, which effectively makes it even more ex, senses for poor people to have houses. The sachi governments poll tax called for a per capita housing tax, a tax per individual, regardless of income, and no longer her household. Thus it resembled the english pole tax of the middle ages, basically taking money from, from the poor and giving it to the rich. It was the opposite of robin hood. It was so obvious to people that they were gonna get enormous bills and and thats why the pose as moving took house off across the country and in many places since nobody, even instigating a be amazed people suddenly can say and they put aide what people do in those situations and have done so at history, again is not going to pay it, and the slogan became, am, cant pay, wont pay. Ah, with no self proclaimed leader like todays yellow vests in france, the pole tax revolt by past party politics, massive demonstrations like the one in Trafalgar Square in march 1990 turned into riots. Government realized belatedly, that they, they had taken a step too far and that they needed to kind of her back down. And of course, it also played into the whole politics within the conservative party about Margaret Thatcher, who sort of had outlived her purpose. I think the poll tax protest to succeeded with the trade unions had failed. In the end, they brought down the fetch government. But the legacy of factions, neo liberality, ology, something she shared with Ronald Reagan left a lasting mark on the nations political life. In germany to neo liberals promised an ex make up suite and prosperity. On november, the 9th 1989, the berlin wall felt the liberation of the people in the ged out was followed by re unification. Something that was widespread celebration in rainy construction. In a few hours, a dream will become reality. Now, after more than 40 bitter years of division, german drummed our fatherland, his re united i am. In the midst of all this euphoria, the governments of the east and west still had to find some common ground. Have your mac and i and then we are creasing and economic and monetary union. When you decide youre feeling today by this means we will introduce the Deutsche Mark that into east germany knowing full well that its economy was no competitor. Certainly the did a on this congruence vague walk, this monetary union, imposed by the west wood to the detriment of the east, which had to adapt quickly to a market economy. When by fritz wiser, the creditor known marked to the r sturgeon, virgin, for example, the traditional markets, the east German Economy kilometers from one day to the next day. And if west germany, farms are allowed to buy off from the small east german for then it is clear, of course that the west germany is accumulating much greater prosperity than east germany or to our storage land. During his election campaign, helmut kohl had promised east germans that the market economy would bring them prosperity to finance the re unification he introduced in your tax each day he bought a gig, rob sanford resident, that i can sort of who has all is against it. Then argued that such a solidarity surcharge was needed to bring the budget back into some sort of order in the medium term in order to bring an the new solidarity tax. All sali was paid by all germans based on income. It was seen differently in the west than in the east. Many west general felt that they were carrying the burden of re unification. While in the east, people were grappling with an entirely new social system in the mid 19 eighties, neoliberalism and privatization also too called in france. Unemployment and poverty skyrocketed with societies. Inequality is becoming increasingly pronounced. French people were going hungry, but it wasnt the government who came to the rescue. Rather an actor who went by the name of kalu stepped in. He created aristo sticker or restaurants of the heart. A french charity, which distributed food to those in need. For the shallow hewn for me all dress, if i like russia is all these Unemployed People with families, no Homeless People go, we prefer to get on groceries instead of prepared food, eating here with the family, with shame here if you pick up groceries and no one knows it was a donation. Awful. Let me. In 1990 the Social Security contributions of the work as an employers was no longer enough to cover Social Security and Unemployment Benefits. So who Prime Minister michelle ra car, a socialist created a new tax . The c s g. This is very clear mean to focus on this so. So celsius g was introduced in 1993 and as a type of income tax is proportional. A non progressive the tax rate remains the same regardless of income level. It is a tax id, i think of it, but it goes into the coffers of the Social Security system and not into the state covers be brought to the to you if the school is own reorganized, so to speak, in order to be able to finance an ever larger part of Social Security through tax the situation and not only through Social Security contribution, its on pal equity. Thats also, sir, its meant that the financing, the Social Security was moving away from the model that had been in place since the 2nd world war 5 years later as you pay plan was intended to push this change even further. We love, was it the like was it . Yes. Fraud is at a crossroads. Love. Yes. France to day has only the choice between change who decline bigler. Ah ah, the will cause rebelled. Seeing the plan is a diminishment of their social rights within 24 hours. 2000000 people were out on the streets, something not seen since may. 1968. The unions brought france to a standstill, forcing the government to dropped as you pay plan, which would have also raised the retirement age for civil servants. 30 years later, the retirement age is still a contentious topic. Oh my god, im, im just being fleeced. I get 1009. 00 to 2. 00 euros pension and i pay 550. 00 euros rent. Ill starve to death. And i worked 40 years in a hospital with an almost though i have been working since i was 15 years old. I will be 62. 00 and of k contributions for 47 years. 15 years weve been retired. There hasnt been a dime of increase. And today you want to saddle us with a Social Security tax as a married couple get used to our complaints until were dead. I am a widow. Please dont cut what little money our poor husband slave so hard for in 42 years of hard work. But never been a drainage study. Ive earned my retirement fear and square, dont destroy the system. With the signing of the master treaty in 1992, the welfare state was further eroded. The treaty enabled the Free Movement of goods, people and cat, who was in the European Union, a win for the ideology, thatcher and reagan such arizona reagan is almost a, such are ism, reagan resumes. So i mean, the regulations, the fleming softener board in curbing government protectionism fair, but the market sorted out the only the Companies Growth is eggplant, benefits, key york, that makes for high profits, which have helped some emerging markets, prosper me you and allow developing countries to come industrialized and grow. A comment also has drawbacks you designed especially when it comes to taxes that mom at your tax age. Now playing almost dominant ra hip on the weakening capital taxation net, fibral, it deprives countries of any ability to collect their taxes on the campus. Regardless of their social monthly design book, is that what they can . Gus . One more, theyre so scared to shakopee on january 1st, 2002, the euro was launched. One single currency which immediately facilitated the Free Movement of capital with the exception of britain, which didnt adopt the euro Member States gave up the prerogative of controlling their own currency within the common market. No provisions were made for protecting member countries. Text systems, local, so it would be n s n. Okay, do something venue. The construction of the European Union should have been accompanied by social and fiscal legislation. That did not happen them. Work was only done on trade regulations to combat statement. Our belief will and remove restrictions on the movement of goods vote no thought at all was given to the impact this might have on corporate structures law. But if a company has a space thick in which it can move freely and can locate its production in a country where employees cost less. Sure, and there are fewer Social Security contributions and non wage labor costs. The, im wondering then it will set up its production there. That was, if there are no taxes on intellectual property in another country, its, thats a bits Holding Company there presented it as a result in the e. U has created a new set of structures for corporations, including internationally operating french corporation, underwood p, compete, they will profit a rental astronaut to keep friends attractive to its own professionals. The government began granting special fiscal dispensations. This led to a boon in tax exemptions. Ah, liberality developers on prism pre so shoot to fit, do politicians are becoming increasingly powerless due to the Strong Influence of you legislation. So no one of the few ways to respond to the demand for tax cuts i did is to give tax, great elders, its easy to do because if its just passing through and thats how its being done. Got dickens that is a Political Tool to serve tax cutting interests to the problem. Unfortunately, category is that only a few benefits which will be sent to the general public. Kiki does not benefit if you are the intelligent on cissy stay. Systems are very complex and lead to great justices lives, understand how tax expenditure amounts to a 100000000000 euros. So me as one parliamentarian puts it in a nutshell, me behind every tax li park looks a dog l. Yeah, shell, the old principal of fair taxation. A legacy of the french revolution began to disappear. Meanwhile, the quest, a tax optimization, opened up new horizons for some legacy blacks. Ellison fragment that ever rules are complicated to you. They are varies, and they are global at the same time, do accordingly. And there are many who take advantage of the situation. This is legal means assume they are not tax of eater esl filled up. The tax optimizations have been only ensures that they pay as little taxes. When t countries support multinational corporations playing labor markets off against each other, the global north against the south. The so lame remaining competitive in germany with the Unemployment Rate after reunification was 12 percent. Chancellor schroeder government introduced measures targeting Unemployment Benefits and labor cars. When in 2005, the hots for reforms were announced, the middle class understood it too could be threatened with poverty the only hip at all for the huts, fee of our misty for the of its laws. The real threat of hearts fought was not for the unemployed ocean. Rather, the threat lane consequences for the labor market to such really fluent as a result of hearts for a low wage sector established itself in germany, especially in saxony. Im holding the strategy of the State Government at the time. Belief was to sell saxony hung up the low wage state. Look here, people work here for less money to get. We then have hourly wages here are for euro 6 euros are zix. These were considered completely normal. For that was the real consequence of hearts fork of an outfit of it, he spread in saxony, unhappy wiping out the last vestiges of the east germans social model. The reduction of labor costs had the poor 1st dish no did origin of child and were glad is not only the german social democracy that is dotted social cost is the creed, the skin. It also applies to the party socially in so in other words, that the social Democratic Party in france is in our feet. It is just as true of the spanish socialist workers, party awareness. It is also true of the italian communist, whoever you look on monday. At one point they fallen for the dilution of neoliberalism dom written thus abandoned the thinking of the social democrats and socialists of game awe with the decline of social democracy. The idea of using taxation to redistribute wealth and thus reduced in a qualities, was gradually fighting in 2005 europe. Since were asked to vote on a common european constitution, vote is in denmark, the netherlands and france rejected it. Ah, it is. But what is the peoples vote worth when the market is focused on the movement of goods and capital . Barely 2 years later, the treaty of lisbon was signed a new copy of the treaty that was rejected by voters. This fudging of the democratic process would have consequences by 2019 the yellow vests. Im convinced that Representative Democracy wasnt really working. Mm vote on a new e u. Treaty that is inclusive and most importantly does not distort the outcome of the vote. A new constitution that also allows for referendums, no more invisible nps, they should talk with the citizens, one term only abolish the constitutional monarchy. The yellow vests revived political debate from crisis to crisis. The link between taxation and politics became more and more clear. That financial crisis of 2009 duco may declare that there is globalization without regulation. Santiago, rather, there is globalization, thanks to the regular, really good as deregulation had arousing effect on markets, starting with the Real Estate Market in the 2 thousands banks with the backing of their governments drove citizens into debt for home ownership, with adjustable rate mortgages. To ready to go to meet all gender. As the number of loans exploded, Interest Rates rose, benefiting th