There are many checks and balances along that way. It's not as simple as just taking capital from one part of the world, the wealthy, and then redistributing it. We have a government who spends a lot of money like obscene amounts money on things that they're not necessarily accountable for. And until we can have what i would think of is like, effective ways to allicate capital and measure our elected officials against that, i wouldn't want them to have another two trillion dollars.
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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