The Dissenter

#1096 Cahal Moran (Unlearning Economics): Why We’re Getting Poorer

May 12, 2025
Cahal Moran, Visiting Fellow at the London School of Economics and creator of the YouTube channel Unlearning Economics, dives into pressing economic issues. He critiques austerity measures, arguing they worsen inequality. The conversation highlights the disparity in power between billionaires and millionaires, emphasizing the need for fair taxation and Universal Basic Income. Moran also explores systemic challenges in housing and landownership, calling for community-driven solutions to promote equity and address economic crises.
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ANECDOTE

Pandemic Revealed True Essential Workers

  • The COVID-19 pandemic revealed who the essential workers truly are: bus drivers, farmers, nurses, and others producing fundamental goods and services.
  • These essential workers are often paid less than average despite their critical roles in society.
INSIGHT

Billionaires' Power Outstrips Millionaires'

  • Billionaires wield immense power over industries and politics, far beyond the influence millionaires have.
  • This vast control enables them to dominate multiple sectors and political processes.
INSIGHT

Billionaires Indicate Policy Failure

  • Every billionaire signals a policy failure in the economic system and calls for redistributing wealth to benefit the average person.
  • The winner-takes-all dynamics favor a few while many talented creators earn very little.
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