USA Today Episodes Around July 17, 2024
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13:17Now PlayingWould putting a limit on extreme wealth solve power imbalances? | The Excerpt
Jul 17, 2024·2.3K views
July 17, 2024
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13:17Now PlayingForbes maintains a real-time billionaires list. All ten of the richest people on the list have each amassed fortunes greater than $130 billion. While some have pledged to give most of their wealth to charity, that still puts them in an enormous position of undemocratic, unvarnished power. The average CEO now brings in over 300 times the average worker’s pay according to the Economic Policy Institute. All of which begs the question, should this level of unbridled wealth even exist? In her new book, “Limitarianism, The Case against Extreme Wealth," Ingrid Robeyns argues strongly that it shouldn’t. She joins The Excerpt to discuss how more people need to have this conversation about capping extreme wealth.
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