Should Billionaires Exist?

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Billionaires and wealth inequality are linked in certain ways, but one does not necessarily cause the other. Some people come at it from the perspective of, these people are actually doing society a service. There's many different types of rich people, including in the ways in which they use their wealth.

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.

Love this episode? Give it a review at https://ratethispodcast.com/learn