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How Rentier Capitalism is Destroying Democracy and Equality | The Lost Dollar Business Club Ep 610

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Contenuto fornito da David and Steven The Two Old Guys and Steven The Two Old Guys. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da David and Steven The Two Old Guys and Steven The Two Old Guys o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

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This week on The Lost Dollar Business Club Ep 610
In this insightful summary of Guy Standing's book, The Corruption of Capitalism, we dive into the core issues of modern-day capitalism. Standing argues that what we have today is not a free market, but a system dominated by rentier income and asset ownership—where wealth is concentrated in the hands of the few who profit not from labor or productive investments, but from owning assets like land, intellectual property, and financial instruments.
He critiques the idea of trickle-down economics, showing how it has failed to close the growing gap between the rich and the working class, leading to greater inequality and eroding the foundations of meritocracy. As Standing points out, mainstream politicians often misunderstand the real roots of the problem. Instead of a true free market, we live under a system where the wealthy use their power to shape laws that favor them, widening the divide.
At the heart of this system is the rise of the precariat—a class of workers trapped in low-wage, unstable jobs, and an unpredictable future. While the elite benefit from corporate bailouts and capital accumulation, the precariat faces growing insecurity. Standing's solutions include implementing basic income to provide economic security and rethinking intellectual property laws that unfairly favor the wealthy. Through these reforms, he envisions a fairer, more balanced economy where ownership no longer trumps labor.
🔍 Want to learn how we can fix the economy? Watch to uncover the path toward economic justice and equality!
#capitalism #GuyStanding #Precariat #economicinequality #basicincome #RentierCapitalism #TrickleDownEconomics #wealthgap #meritocracy #freemarket #laborrights #politicalreforms #universalbasicincome #financialjustice #EconomicFairness #lostdollarbusinessclub #lostandfound #businessnews #business #globaleconomy #globalnews #twooldfartsmakingnoises #2ofentertainment
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https://2oldfarts.vip/
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https://2ofcorp.com

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https://linktr.ee/tofentertainment
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https://2oldfarts.vip/

  continue reading

486 episodi

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iconCondividi
 
Manage episode 442503970 series 3375175
Contenuto fornito da David and Steven The Two Old Guys and Steven The Two Old Guys. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da David and Steven The Two Old Guys and Steven The Two Old Guys o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Send us a text

This week on The Lost Dollar Business Club Ep 610
In this insightful summary of Guy Standing's book, The Corruption of Capitalism, we dive into the core issues of modern-day capitalism. Standing argues that what we have today is not a free market, but a system dominated by rentier income and asset ownership—where wealth is concentrated in the hands of the few who profit not from labor or productive investments, but from owning assets like land, intellectual property, and financial instruments.
He critiques the idea of trickle-down economics, showing how it has failed to close the growing gap between the rich and the working class, leading to greater inequality and eroding the foundations of meritocracy. As Standing points out, mainstream politicians often misunderstand the real roots of the problem. Instead of a true free market, we live under a system where the wealthy use their power to shape laws that favor them, widening the divide.
At the heart of this system is the rise of the precariat—a class of workers trapped in low-wage, unstable jobs, and an unpredictable future. While the elite benefit from corporate bailouts and capital accumulation, the precariat faces growing insecurity. Standing's solutions include implementing basic income to provide economic security and rethinking intellectual property laws that unfairly favor the wealthy. Through these reforms, he envisions a fairer, more balanced economy where ownership no longer trumps labor.
🔍 Want to learn how we can fix the economy? Watch to uncover the path toward economic justice and equality!
#capitalism #GuyStanding #Precariat #economicinequality #basicincome #RentierCapitalism #TrickleDownEconomics #wealthgap #meritocracy #freemarket #laborrights #politicalreforms #universalbasicincome #financialjustice #EconomicFairness #lostdollarbusinessclub #lostandfound #businessnews #business #globaleconomy #globalnews #twooldfartsmakingnoises #2ofentertainment
Our Merch
https://2oldfarts.vip/
Our Social
https://linktr.ee/tofentertainment
Our Show Agenda
https://2ofcorp.com

Our Media
https://linktr.ee/tofentertainment
Our Merch
https://2oldfarts.vip/

  continue reading

486 episodi

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