Krystal and Kyle Kulinski of the Krystal Kyle and Friends podcast talk to journalist Peter Goodman about today’s billionaires who speak in grand terms at Davos forums while rigging the economy
For the past several decades, world leaders, CEOs, tech titans, billionaires, philanthropists, and celebrities have descended upon Davos, Switzerland with the goal of “improving the state of the world.” Anand Giridharadas, author of Winners Take All: The Elite Charade of Changing the World, says they are part of the problem.
Trade wasn’t working for everyone.
Dynamic scheduling, underpaid, contractors, fight minimum wage, more flexible labor, tax cults for the wealthy anti-inheritance taxes, evade existing taxes, rewards offshoring, expresses no loyalty to communities. (5 min)
I don’t think arsonist need to attend at a firefighter’s convention.
Poor people are very accessible. They want someone to bear witness. They don’t have publicists.
You can’t understand inequality without understanding rich people and the systems they use to justify themselves (10 min)
Today’s elites are among the most socially away, yet also predatory
I don’t think we have free markets, we have a capitalism of monopoly, and rent seeking
Jane Meyer’s Dark Money: how we got here.
Business didn’t have power (Nixon started the EPA) and worked to understand it. They used an alliance with evangelicals and philanthropy to build power.
History is life a mob boss: we can do this the easy way or we can do this the hard way. It can go down like the civil war or women’s suffrage.
82% of new money was in the 1 percent’s hands.
It’s going to require many to become traitor’s to their class. If Gates devoted as much to pushing an estate tax, he could have a bigger impact.
I think things are changing. There aren’t going to be as many Goldman Sachs and McKinsey people in the next administration.