Should we ban billionaires?

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Manage episode 247909700 series 1301456
By BBC and BBC World Service. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Excluding dictators and royalty, there are around 2,000 people in the world who are billionaires. Some inherit wealth while others might build fortunes through inventions, businesses or investments. Some say individuals holding onto extreme amounts of money is wasteful because it could be diverted to other areas that would benefit more people such as education and healthcare. Others reason than some billionaires should keep what they have because they drive economic growth and inspire others to innovate. Are billionaires the right focus or should attention move to the systems and processes that enable them to make and keep huge amounts of money? Experts: Dr Paul Segal Roxanne Roberts Caroline Freund Will Wilkinson Presenter: Celia Hatton Producer: Charmaine Cozier Researcher: Diane Richardson (Photo: Billionaire Kylie Jenner arrives at the 2019 Met Gala in New York City. Credit: Karwai Tang/Getty Images)

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