We don't want to live in a world where wealth is hoarded in so few hands, while so much poverty increases. What we what is needed is market democracy to apply the same constraints that were once put on monarchs and feudals to the market. We could steer and try to place citizen pressure on governments to reach the type of global agreement that is needed for social justice.
Reportedly the planet's richest person, multibillionaire Elon Musk is currently seeking to buy the World's online public square, Twitter. Should billionaires be able to buy so much influence? For this week's Sunday Debate we revisit a discussion from 2021 investigating just that, when we invited Professor Linsey McGoey of Essex University and Ryan Bourne of the Cato Institute go head to head on whether society should tolerate the existence of billionaires. The debate was chaired by Economics Editor at BBC Newsnight, Ben Chu.
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