Should Millionaires Exist?

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The real question is, should we re structure the incentives in society to reward people for the value that they're drivinga anwe can talk about the different types of millionaires in a minute. But i think it's ridiculous when people like burney sanders and elizabeth warren say things like, llionaires should not exist. It just doesn't actually solve the problem. And i don't personally trust the government to actually take that money and allocate it efficiently.

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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