We're now seeing these companies become so big that they are effectively their own jurisdictions. Are effectively a form of a country. I think amazon actually passed walmort recently in terms of the number of people they employ, and it's almost a million people. That is not a trivial number of people. And then you could also talk about the market cap, or the sheer number of resources that those companies have. But the idea of skall here, these companies are already bigger than many countries around the world. Enter another one hour discussion about monopolies and what we should do about them. Just ketting, i think we should wrap it up here.
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