Needs No Introduction

COVID, inequality and the billionaire space-race

Informações:

Sinopsis

In the sixth episode, Linda McQuaig and Ian Thomson discuss the rising fortunes of the billionaire class amid shrinking incomes and opportunities for the vast majority before and during the pandemic. In speaking about the impacts of billionaires on our democratic systems, McQuaig says, “this accumulation of wealth in the hands of billionaires... It’s not just that it’s tremendously unfair, which of course it is, it’s that it gives them so much political power that they get to effectively control the world… The wealthy corporate elite now has so much power that it can effectively block any kind of collective action. And that’s exactly what they’re doing. The reason that there isn’t progress on climate change isn’t that the public is resistant. The public would actually like there to be action on climate change. It’s the immensely powerful interests in the fossil fuel industries that are single-handedly blocking that.... it’s not just unfair they have all that money; it’s detrimental to the survival of the huma