The Money with Katie Show cover image

The Money with Katie Show

Is This Simple Idea the Solution for America's Wealth Inequality?

Mar 19, 2025
Join Matt Bruenig, founder of the People's Policy Project and a former National Labor Relations Board lawyer, as he tackles America's wealth inequality. He introduces the intriguing concept of social wealth funds, where every citizen receives shares that yield dividends, inspired by models from Norway and Alaska. The conversation explores the moral implications of wealth distribution and innovative policies like universal dividends. Bruenig emphasizes the need for a solidarity economy to foster fairness and economic stability for all.
01:29:53

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Social wealth funds can effectively redistribute national wealth to citizens, ensuring a fairer economic stake for all individuals.
  • Successful models like the Alaska Permanent Fund demonstrate how public ownership of wealth can improve quality of life through regular dividends.

Deep dives

Setting Up Recurring Investments

Regular investing can be streamlined using financial apps that allow users to set up automatic monthly contributions to stocks and ETFs. This approach simplifies the investment process, making it easier for individuals to maintain consistency in their investment habits. The ability to establish a schedule for recurring investments minimizes the chances of forgetting to contribute, ensuring ongoing participation in the market. By adopting such a tactic, even those with busy lives will find it more feasible to build their investment portfolios steadily over time.

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