The richest one percent of Americans now owns 16 times the wealth of the bottom 50 percent. That disparity has brought to light questions about the need for billionaires – and their need for even more money. Correspondent Mark Whitaker talks with activist-filmmaker Abigail Disney and entrepreneur Vivek Ramaswamy about whether acquiring a billion or more dollars is a valued goal; and with professor Ingrid Robeyns, who proposes the concept of “limitarianism” – determining a moral limit to how much wealth one can accumulate.
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Interesting
Then give away all of your money babes 😅
Yes there needs to be limits through a tax structure that doesn't favor the super wealthy. Thank you Republicans for trickle down economics. One of the biggest scams ever perpetrated on the American public.
I don't see any problem with billionares. The problem I see here is government/social programs are jealous and can't get that kind of big money for their orograms. So they make stuff up about wealthy people.
Just asking for a friend… what hypothetically would happen if the 745 billionaires were to just happen to up and disappear… more specifically im asking what would happen to they're mass amount of wealth?
Nobody needs a Billion dollars. The distribution of wealth is ridiculous thanks to capitalism.
Too bad that so many poor had to die, and are still dying daily today. Because no one is stopping these evil one percent locusts.
TAX TIME
Imagine if those trillions went into building the country, ozone, housing for vets and homeless people, cleaning up the planet, Health care…. human evolution…
Of course there should be income limits. It's unconscionable that a few people hoard all the wealth while there are veterans, disabled, women, and children living on the streets and in cars in this country. https://www.youtube.com/watch?v=HmlX3fLQrEc
Corporate greed….
Wake up america
Yes.
If she feels so bad than why doesn't she give all of her money away and live in poverty!?🤔
Please make an update!
I believe most people can find the peak of happiness with 60k an year.
And i see the cap on something about 350k-400k on banks.
its not even a moral matter. its necessary to have limits, with everything, because too much of anything is not good, and money is no exception… even if you’ve earned it
No
Nobody needs 1 billion. Life is not a monopoly game.
Brokies complaining
If the super rich arent stealing the money then whats wrong with that?
Limitarianism is stupiddd
she seems to be missing one very important point……, there is this very significant 'middle'…., that may not have billions…., but are extremely comfortable, and can afford very nice things, who have no interest in seeing things change. They like their place on the 'food chain'. They have their own feelings of superiority.
oil steel and railroads.
What is happening is basically globalization. in the 50s and 60s when the middle class in America was booming, china for example had half a billion people basically starving. So we allowed the companies to export the jobs, we allowed drugs to enter our country we allowed crime to explode. Tell me as a business owner would you setup a factory lets say in crime and drug ridden neighborhoods? Where you going to get the employees? Then you have politicians like AOC refusing to allow Amazon to build a HQ in "her district" which would have at the very least raise some out of poverty. There are a lot of things that people like Abigail don't take into account.
i hate rich indians!!!!!!!!!
japan will retake the kurils skahalin and vladivosotk south korea will take north kkorea.
The system is working just fine. There’s just more and more extremely poor people migrating into the USA. That’s not our problem, you came poor you’re going to start poor in America but you at least have the best shot.
iad vocate for limtiairnism .
ridgeayw vna fleet macarthutr!!!!!!!!!!!!!!!! jp morgan carnegie rockckefeller oil steel and railways.
the tlaiban needs an army navy air froces and marines…..
talivan neneds and airi oforce an army navy ari force and marines.
A lot of rich people say how bad wealth is but they would never put their money where their mouth is…
yes billion is too much.
ai busses wont come for another 5 years and subways wont come for another 2 years.
bridges and dams subways and tunnels highways and railways……………. we need everything railways steel and oil.
yes impose limitarnianism help the poor!!!!!!!!!!!!bridige and dams sbuways an utnenl highways railways. super mario land. harry potter.
i live in a Country (Brazil) where those kinds of wealth that billionaries have are simply incomprehensible. the only thing i don't agree with the professor, is humans should be physically obligated to meet moral wealth standards, that should be physically impossible to hoard that much wealth, that, NO, you shouldn't be able to do "whatever you want" if your demand is stupid. a wealth limit of $2 million USD is more than enough to anyone to live a confortable life, without shoving arrogance in the face of others. and we need not only limits on how much you can save, but how much you can spend per month. $10 thousand USD per month is also more than enough, and i am being generous here.
Most of the crap that goes into our environment comes from China India it's not from America I can tell you that
You know what's interesting is I wonder if they're willing to do a worldwide perspective.
You know honestly I don't think there's anything wrong with having money but it really depends on how you use it.
For my for example my fiance he's managed to save 50,000 now living in California that's peanuts because the cost of living is atrocious
He needs to live with his parents because they have severe health issues and he's the only one who can take care of them
Part of me doesn't understand why our government locally isn't willing to solve these problems
Easily and homelessness if politicians actually work together and stopped abusing all the taxes they take.
It end the trafficking of children and drugs and pornography
Problem is nobody gives a damn and the people against the stuff they're told to be quiet and stuffed under a rock
We have the ability to change California and every Democratic state that suffers but nobody wants to because money and evil and power go together
There's always a need for money but again how you use it is what matters
Socialism doesn't work capitalism does work but you need to have a charitable heart as well.
You need to make sure that your employees are secure. Employees that don't have to worry about making a decent living they work better
Took a class in business ethics according to the Bible it was amazing
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