Post by the Scribe on Apr 24, 2021 11:04:18 GMT
18 APR 2021 RHJ/VIEWPOINTS PRODUCER FEATURE SEGMENTS, VIEWPOINTS PODCAST
21-16 Segment 2: The Growing Wealth Of The Billionaire Class
Facebook founder & CEO, Mark Zuckerberg added 41 billion dollars to his wealth over the past year. That’s nothing compared to what Tesla founder & CEO, Elon Musk raked in: 157 billion. The majority of humans on the planet can’t even fathom earning that amount of money in a lifetime. Yet, for many in the top .01 percent, it’s a never-ending cycle of stockpiling and building their massive wealth. As the rich get richer and keep taking up a bigger piece of the pie, what’s left for the rest of us? How can leaders and laws slow this extreme wealth inequality?
GUEST:
Chuck Collins, director, Program on Inequality, Institute for Policy Studies, author, The Wealth Hoarders: How Billionaires Pay Millions to Hide Trillions. ips-dc.org/ips-authors/chuck-collins/
LINKS FOR MORE INFORMATION:
Inequity.org: Updates: Billionaire Wealth, U.S. Job Losses and Pandemic Profiteers inequality.org/great-divide/updates-billionaire-pandemic/
Forbes: The World’s Billionaires Have Gotten $1.9 Trillion Richer In 2020 www.forbes.com/sites/chasewithorn/2020/12/16/the-worlds-billionaires-have-gotten-19-trillion-richer-in-2020/?sh=5efbd7d27386
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TAGGED AMAZON, BILL GATES, BILLIONAIRE CLASS, BILLIONAIRES, CHUCK COLLINS, CORRUPTION, ELON MUSK, GENERATIONAL WEALTH, GOVERNMENT, JEFF BEZOS, LAW, MARTY PETERSON, PERSONAL FINANCE, PROFIT, THE WEALTH HOARDERS, ULTRA-RICH, ULTRA-WEALTHY, VIEWPOINTS RADIO, WAGE GAP, WEALTH INEQUALITY