Why billionaires and ultra-millionaires are a danger to free enterprise

egberto

6 years ago

Call: (646) 716-5812 – Facebook Live: PDRLive Live stream: BlogTalkRadio Radio Show Date: February 18th, 2019

It does not matter how benevolent the wealthy, an economy with billionaires & ultra-millionaires destroy opportunities for the masses by design.

You can also find previous episodes on YouTube here

Support Politics Done Right: Become a Patron now (http://patreon.com/politicsdoneright).

Many people those of us who rail against the ultra-rich, the billionaires, the millionaires, as having some sort of wealth envy. That could not be further from the truth.

The reality is that we feel compelled to dispel the myth that under our current system all have the same opportunity to succeed, the same access to success. The reality is the vast majority of people will be held below their potential, not because of their desire, aptitude, intellect, or ambition, but because under our system most must be chosen.

The absolute meritocracy is a figment of our imagination in the aggregate.

Topics:

CommonDreams: The New Green Deal is a 14-page document that exists about 40,000 feet up in terms of abstraction. It will not be passed by this Congress. That’s not just because of the political divide but also because it is not legislation: It’s a set of broad ideas — good ones, from my perspective — to reduce carbon emissions while creating good jobs through investment in green industry.