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The rich aren’t just rich — they’re scared. Scared of losing face. Scared of taxes. Scared of change. In this video, I explore how the wealthy protect their status by opposing reform, hoarding money, and resisting innovation. And the cost to the rest of us? Enormous. TRANSCRIPT A transcript for this video is available at: https://www.taxresearch.org.uk IF YOU WANT TO WRITE TO YOUR MP ABOUT ISSUES IN THIS VIDEO If you want to write a letter to your MP on the issues raised in this blog post, there is a ChatGPT prompt to assist you in doing so, with full instructions, here. https://www.taxresearch.org.uk/Blog/2... HOW TO SUPPORT US Please consider donating: https://ko-fi.com/taxresearch ABOUT RICHARD MURPHY Richard Murphy is Emeritus Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best-known book is ‘The Joy of Tax’. This video was edited by Thomas Murphy. RICHARD MURPHY ON BLUESKY: https://bsky.app/profile/richardjmurp... OR ON MY BLOG: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION: • Welcome to my channel - Richard J Murphy -... PLAYLISTS: The Wealth Series • The Wealth Series Ecenomics • Ecenomics Britain • Britain Tax • Tax MMT • MMT Money • Money Climate Change • Climate Change USA • USA Labour • Labour The Trump Administration • The Trump Administration #WealthAndWorry #WealthParadox #StatusAnxiety #ImposterSyndrome #FearOfLosingWealth #ObsessionWithStatus #FightAgainstTax #AntiRegulation #WealthHoarding #DeadMoney #OffshoreAccounts #SafeInvestments #OldMoneyVsNewMoney #Inequality #EconomicStagnation #HoardedWealth #LackOfProductivity #SocialDivision #WealthPreservation #WealthDoesNotEqualHappiness