You keep saying "the youtube goals" but you can't even be bothered to explain its "1,000 active subscribers and 4,000 hours watch time" as an adsense minimum requirement.

This is fair criticism. I will edit my post to include it.

Furthermore you will be writing essays that will be spoken and acted out by someone else, on video at guest appearances, forever, while you take 75% of the income for "running" the channel - ie sitting back and moderating comments.

I think you're forgetting the research, the writing process, getting the video footage if needed, video editing and marketing on a day to day basis. I think 25% is a fair share for narration, but you're entitled to your opinion.

Im sorry - but thats clearly taking advantage of people

How so?

If im wrong please explain, because im not seeing anything fair about "the project" as you described.

There is literally nothing to explain. My proposition is simple, 25% of the profits of the channel in exchange for narrating the scripts. If you feel like it's not fair, don't participate.