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This episode originally aired on February 3, 2025. Get new episodes early at patreon.com/CurrentAffairs!
Rob Larson is Current Affairs' In-House Economist. He is also the author of Mastering the Universe: The Obscene Wealth of the Ruling Class, What They Do with Their Money, and Why You Should Hate Them Even More. Rob covers the grotesque contrast between the lives of the rich and poor in this country, and the outsized power that the super-rich have over our lives. He shows how our country's wealth is squandered and outlines strategies for ending the plutocracy.
Rob and Nathan's article on the Wall Street Journal's Mansion section is here. This interview pairs well with Michael Mechanic's episode about his book Jackpot.
This book is not just for ogling the velvet lives of the ruling class, although there’s plenty of room for that. It’s about taking the rich out of the cockpit of society and putting a democratic system in their place. Because beyond their multiple gigantic homes and private jet miles, the control of the ruling class over the rest of us is pretty stunning, not to mention utterly grossly undeserved... To achieve anything, important labor and environmental movements require a good understanding of what’s going on—including the shifting strategies of the owning class and their corporate property. The point of this book is not just to study the rich, but to learn their vulnerabilities, and to help build the growing movements that could put some limits back on the power of the ruling class that owns our economy and runs the government. — Rob Larson, Mastering the Universe