Debunking Economics - the podcast cover image

Why we are getting poorer (with Cahal Moran)

Debunking Economics - the podcast

00:00

Wealth Concentration and Its Impacts

This chapter examines the consequences of wealth concentration among billionaires like Elon Musk and Jeff Bezos on the economy and society. It critiques the failure of regulatory frameworks in managing their power, discusses the implications of privatization on public services, and explores the concept of democratizing corporations through worker and consumer empowerment. The dialogue highlights the need for government intervention to address monopolistic practices and ensure equitable access to essential services.

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