
Episode 0022 - CEOs Large Corporations & Income Inequality
About this episode
Inequality between the richest 1% of Americans and everybody else has been growing for decades, and many people are very concerned about this disparity and prescribe various measures in an effort to remedy it. Most of these prescriptions involve some government intervention like raising taxes on "the rich" so they can pay their "fair share". The problem is that these policy prescriptions will end up making things worse for everybody. Maybe it would be better to understand what is causing the inequality in the first place before we start needlessly wrecking people's lives to try and solve a problem that most people don't fully understand. Join me today as we break down an interview on the Mehdi Hasan Show where he discusses the richest 10 individuals in the World and how their wealth doubled during the pandemic "at the expense of the rest of us".
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