Robert Reich: Should We Abolish Billionaires?


“Robert Reich: Should We Abolish Billionaires?”
“Robert Reich
Am 01.07.2019 veröffentlicht
Former Secretary of Labor explains why need to reform our economy to combat inequality.
Watch More: Everything You Need to Know About the New Economy ►► ”
“”America now has more billionaires than at any time in history, while most Americans are struggling to make ends meet”

“About 60% of all the wealth in America today is now inherited. America is creating a new aristocracy of people who never worked a day in their lives.”

There are basically only 4 ways to accumulate a billion dollars, and none of them is a product of so-called free market capitalism.

1. “to exploit a monopoly”.

2. “to get insider information unavailable to other investors”.

3. “to pay off politicians.”

4. “to get the money from rich parents or relatives.””

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