
Why we are getting poorer (with Cahal Moran)
Debunking Economics - the podcast
00:00
Wealth Inequality and Economic Discourse
This chapter examines the growing wealth inequality and its impact on the middle and lower classes, contrasting the financial strain they face with the rising affluence of the wealthy. The discussion also challenges conventional economic theories, such as trickle-down economics, while exploring the housing market's transformation into a speculative asset. Additionally, the speakers emphasize the importance of government intervention and public investment in addressing economic disparities and supporting societal well-being.
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