Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
The Case Against Extreme Wealth | Ingrid Robeyns | TMR
Posted
April 4, 2024
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April 4, 2024
11,941
637
148
6.57%
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53:22Now PlayingLive-streamed on March 25, 2024
Ingrid Robeyns, humanities professor at the Utrech University in The Netherlands, discusses her recent book Limitarianism: The Case Against Extreme Wealth.
Professor Ingrid Robeyns then joins, diving right into the concept of “limitarianism” as a political belief that emphasizes the central importance of limiting wealth inequality and concentration in a functioning society, with the extreme stratification seen in the West (and particularly in the US) pushing severe social and political ills with little to no moral grounding. Expanding on the former, Professor Robeyns dives into the problems that arise in the relationship between money and politics under extreme inequality, with various factors, from campaign finance to political lobbying, giving a very wealthy few immense political power, before she, Sam, and Emma explore how extreme wealth concentration can give these same individuals the freedom to dictate social programs and overtake the public sphere to the detriment of everyone else, and the environment. After briefly touching on the particular role capitalism’s ills play within these issues, Ingrid walks Sam and Emma through the moral philosophical grounding of “limitarianism” as a refutation of modern society’s supposed meritocracy, bringing into question the role of the individual in coming out the victor of countless natural and social lotteries. Next, Professor Robeyns tackles the role of wealth inequality in creating an inequality division between capital and labor, allowing the former to dictate the rules of the latter, and parses through what solutions are needed – particularly in terms of welfare, social and housing programs, and unionization – to rebalance that dichotomy, before wrapping up the interview looking at the importance of taking fiscal action against tax havens and unregulated free trade, and why changing the public perception on wealth is so necessary in this battle.
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