The Types of Billionaires

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i want to get into the types of billionaires in a minute, because it's not just self made pass down. There also a third kind of millionaire, which you could call a cleptocrat,. And there's research to show how those different types of millionaires impact the level of wealth in equality in a particular place. I think one thing that we shouldn't discount is that by bazos and some of these other people being successful, they're also in ring the next generation of like, innovators and people who want to go create something valuable in the world. i don't want less of that.

Wealth inequality has been increasing for decades, and recently, there has been a heightened focus on billionaires as we debate what to do about the concentration of large swaths of wealth in a few hands.

In this episode, Steph and Cal discuss whether or not billionaires should exist, common proposals for dealing with billionaires, and a few policy proposals for how we can start thinking about tackling wealth inequality.

Whether you find yourself saying, "billionaires are evil and don't deserve all that money", "billionaires deserve what they have earned", or "I don't care about billionaires, but I care about a world with more equality of opportunity," this episode is for you.

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