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Progressive Pockets: a podcast about the untapped power of our wallets to build the world we want - 32. Is it ethical to be a billionaire?

32. Is it ethical to be a billionaire?

04/11/22 • 11 min

1 Listener

Progressive Pockets: a podcast about the untapped power of our wallets to build the world we want

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Here’s today’s listener letter:
A friend and I recently got into a debate about whether or not there’s such a thing as an ethical billionaire? What do you think? I don’t think Billionaires should exist but my friend says that innovators should be incentivized to improve the world.
Links from today's discussion:
Walmart and McDonald’s employees are

https://www.washingtonpost.com/business/2020/11/18/food-stamps-medicaid-mcdonalds-walmart-bernie-sanders/

Wealth Hoarding in America

https://fortune.com/2020/07/14/billionaires-philanthropy-coronavirus-crisis/

America’s billionaires have a hoarding problem

https://fortune.com/2020/07/14/billionaires-philanthropy-coronavirus-crisis/

Support the show

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Send us a text

Here’s today’s listener letter:
A friend and I recently got into a debate about whether or not there’s such a thing as an ethical billionaire? What do you think? I don’t think Billionaires should exist but my friend says that innovators should be incentivized to improve the world.
Links from today's discussion:
Walmart and McDonald’s employees are

https://www.washingtonpost.com/business/2020/11/18/food-stamps-medicaid-mcdonalds-walmart-bernie-sanders/

Wealth Hoarding in America

https://fortune.com/2020/07/14/billionaires-philanthropy-coronavirus-crisis/

America’s billionaires have a hoarding problem

https://fortune.com/2020/07/14/billionaires-philanthropy-coronavirus-crisis/

Support the show

Previous Episode

undefined - 31. Banking till death do us part

31. Banking till death do us part

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Here’s today’s listener letter: A few recent episodes of the show have made it clear to me that I want my money to be put into banks with community minded values, however, I am stuck. My money is currently at a very large and very shady national bank along with my wife’s money and she does not agree that we should move it to a values aligned bank. How can I convince her to move our money?
Links from today's conversation:
mightydeposits.com
renegadecapitalpodcast.com

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Next Episode

undefined - 33. What should I pay my first employee?

33. What should I pay my first employee?

Send us a text

Here’s today’s letter:
I’m finally doing it! I’m starting my own business. Things are going better than expected and I’ll need to hire people soon. What should I pay?
Link from today's discussion:
https://livingwage.mit.edu/

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