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The Sunday Debate: Abolish Billionaires

Intelligence Squared

You Don't Need to Be a Millionaire to Influence Politicians

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i spent a fair bit of time with politicians when i was in the u k. And believe me, you don't need to be a millionaire to get their attention. They're incredibly cheap dates. I just can't think of any instance through history where somebody has had such a fall from grace that we've seen a fundamental change in economic policy. Even if you were to have the sort of wealth tax that the professor has advocate, a lot of these people would still be extremely rich. But let me give you an example of how they're unable to control democracy in the way that they would like. That is mayor bloomberg's presidential campaign. He had endless funds to plough into it

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