This video is about why today’s staggering inequality and obscene billionaire wealth are way way worse than we think - and why there's a reckoning a-comingI’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.Support Barry’s EconomicsHelp us stay independent and keep making videos like this.- https://www.buymeacoffee.com/barryseconomics- https://ko-fi.com/barryseconomics- https://www.patreon.com/barryseconomicsFollow or Subscribe for future episodes!More about me: https://barryferns.co.uk/You can also follow me on Tiktok: ⁠tiktok.com/@barryseconomics⁠Instagram: ⁠instagram.com/barryseconomics⁠Twitter: ⁠twitter.com/barryseconomics⁠Substack: ⁠https://substack.com/@barryseconomics⁠Reddit: ⁠https://www.reddit.com/user/barryferns/⁠

If you’re new to this, check out Garys Economics first – his channel gives the structural and financial perspective. This one adds the lived, social and emotional side.If you want to watch my standup comedy you check out my other channel: https://www.youtube.com/@mrbarryferns?sub_confirmation=1 To learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/Research Mentioned in this VideoIn this video I talk about the “Smoky Room Experiment” — a psychology study by John Darley & Bibb Latané (1968). It showed how people are far less likely to act in an emergency if others in the room don’t react — something called the bystander effect.I think it’s a really powerful way of understanding how society can “normalise” things like inequality — even when the harm is right in front of us.If you want to read more about it, here’s a good explainer: https://www.simplypsychology.org/bystander-effect.html?utm_source=chatgpt.comAnd for the full academic reference: Darley, J. M., & Latané, B. (1968). Bystander intervention in emergencies: Diffusion of responsibility. Journal of Personality and Social Psychology, 8(4), 377–383.

The Billionaire MeToo Movement is on its way - Barry's Economics

Barry's Economics