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Special - The LA Fires and Lifeboat Capitalism w/ Hamilton Nolan

American Prestige

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Wealth and Crisis: The Inequality of Lifeboat Capitalism

This chapter explores the responses of affluent Palisades residents during a crisis, emphasizing their concerns for safety and inclination to hire private services like firefighters. It critically examines the implications of privatization and inequality in American capitalism, revealing how the wealthy prioritize individual solutions over public welfare amidst pressing challenges such as climate change.

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