there's a landlord tax the the  one percent in their day were the landlords you   have to tax away the land rent and make that  the public uh tax base not income not taxes on   consumer goods not taxes on capital because you  want good capital investment you want fortunes to   00:45:07 be made in a good way that add to the economy's  productivity you don't want them to be made in   a predatory bad way uh the whole fight to tax  economic rent and to even recognize that most   income is unearned when you talk about the uh  income disparity almost all this disparity is   unearned income it's economic rent it's not  income that's made by increasing uh production   00:45:33 it's not income that's made by increasing living  standards it's just predatory rent seeking from   special privileges that the wealthy have gained  from government and today it's not the landlord   class anymore as it was in the 19th century it's  the financial class and the raw materials class   uh and uh without dealing uh with this uh  cl structure i don't uh the system is going   00:45:57 to shrink and shrink and we've seen this before  we saw it in rome the same kind of polarization   and concentration of wealth in the roman empire  well the last stage of that is feudalism so we're   back to what rosa luxemburg said the choice is  between socialism and barbarism basically and uh   there's no other way to do it you can't  solve the problems within the existing system   00:46:23 because it's controlled already by the one  percent