Billionaire BlackRock CEO: 'Doesn't matter' who wins US election; Trump & Kamala benefit Wall Street
Geopolitical Economy Report
00:00
Oligarchy and Wealth Inequality in U.S. Politics
This chapter examines the influence of oligarchy in U.S. politics, focusing on statements from Joe Biden's 2019 campaign that indicate a lack of significant change regardless of election outcomes. It highlights the growing wealth inequality exacerbated by neoliberal policies, noting the disconnect between worker productivity and stagnant wages, alongside the rising costs of essential services. Additionally, it discusses the current housing crisis, attributing it to market manipulation by wealthy investors and corporations like Blackstone, and emphasizes the financial burdens placed on average households.
Transcript
Play full episode
