While the majority of Americans live paycheck-to-paycheck and one emergency away from financial peril, a new study shows that the 500 richest people in the world gained a combined $1.2 trillion in wealth in 2019. In the U.S., the richest 0.1% now control a bigger share of the pie than at any time since the beginning of the Great Depression.
But what happens when the very people hoarding this wealth at the expense of democracy, the environment and an equitable society, re-brand themselves as the people who will fix society’s problems? What happens when the arsonists pose as the firefighters?
Anand Giridharadas has been studying these questions and he joins Michael Moore to name names and discuss what to do about it.
Rumble Reads:
Anand’s book, “Winners Take All” is here:
https://www.penguinrandomhouse.com/books/539747/winners-take-all-by-anand-giridharadas/9780451493248
Follow Anand here:
https://twitter.com/AnandWrites
The Jamie Dimon “60 Minutes” episode that Michael and Anand ridicule is here:
https://www.cbsnews.com/video/jamie-dimon-jp-morgan-chase-ceo-the-60-minutes-interview-2019-11-10/
The new survey about the wealthiest people in the world is here: