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Intelligence Squared

Debate: Abolish Billionaires

Jul 23, 2021
Linsey McGoey, a sociology professor known for her insightful books on economic disparities, argues against the existence of billionaires, stressing their role in exacerbating inequality. Ryan Bourne, an economics expert from the Cato Institute, defends billionaires, highlighting their potential for innovation and philanthropy. They debate the societal impact of wealth concentration, the complexities of wealth taxation, and the influence of billionaire philanthropy on democracy and global health. The discussion culminates in a live audience vote revealing differing views on abolishing billionaires.
58:14

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