'Davos Man' - The Billionaires Who Own the World - with NYT correspondent Peter S. Goodman
02/09/22 • 49 min
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Class is in session – In this two-part episode, the Filmmaker and the Advocate sit down with New York Times correspondent and author of powerful new book Davos Man: How the Billionaires Devoured the World, Peter S. Goodman, to learn about the handful of billionaires that are dramatically re-structuring the world as we know it.
In the two years since the pandemic began, the ten richest people on the planet have more than doubled their wealth, even while homelessness and housing inadequacy have increased at a rapid rate. And this isn’t just about housing, these people impact systems all over the world – health care, public health, sovereign debt, the list goes on. These billionaires hide behind a cosmic lie – that by giving them tax breaks and advantages everyone will reap the benefits – while creating the problems they are claiming to solve.
Goodman’s must-read new book, Davos Man, unpacks that cosmic lie by exploring who these people are and how they have manipulated laws and policies to uphold and perpetuate a system that proves, year after year, to primarily benefit the ultra-wealthy.
Class is in session – In this two-part episode, the Filmmaker and the Advocate sit down with New York Times correspondent and author of powerful new book Davos Man: How the Billionaires Devoured the World, Peter S. Goodman, to learn about the handful of billionaires that are dramatically re-structuring the world as we know it.
In the two years since the pandemic began, the ten richest people on the planet have more than doubled their wealth, even while homelessness and housing inadequacy have increased at a rapid rate. And this isn’t just about housing, these people impact systems all over the world – health care, public health, sovereign debt, the list goes on. These billionaires hide behind a cosmic lie – that by giving them tax breaks and advantages everyone will reap the benefits – while creating the problems they are claiming to solve.
Goodman’s must-read new book, Davos Man, unpacks that cosmic lie by exploring who these people are and how they have manipulated laws and policies to uphold and perpetuate a system that proves, year after year, to primarily benefit the ultra-wealthy.
Previous Episode
Evergrande - Can China's Communist Party Save Capitalism?
Did you know that real estate constitutes a whopping one-third of China’s massive economy? The property sector has been used to drive growth and most household wealth is held in real estate. As a result, for years developers like Evergrande have had access to cheap money, enabling them to become small Empires.
Recognizing that the situation was out of control, President Xi Jinping has used his "common prosperity" to establish new policies to limit the use of property as a financial tool. This latest round of policies has landed China’s second-largest property developer in a world of trouble. Now the world’s most indebted property developer, Evergrande is in debt to the tune of $310 billion and has yet to build over a million flats that have already been paid for.
Dexter Roberts, author of The Myth of Chinese Capitalism and former China bureau chief and Asia News Editor at Bloomberg Businessweek sits down with Fredrik and Leilani to delve into how Evergrande got to this point. Will the government bail the company out to prevent broader economic downturn? Or will Xi Jinping make an example of Evergrande to show that houses are for living in, not for speculation?
Next Episode
The Pandemic Cash Cow - Peter S. Goodman Part 2
1 RecommendationsIt’s no secret that big medicine is big business, but the pandemic has made the intellectual property of pharmaceutical companies one of the most valuable assets in the world. From vaccine politics to surprise billing and revenue-based medical care, privatization of healthcare around the world has enabled financial actors to exploit the global health crisis to turn a bigger profit.
This week we pick back up on Fredrik and Leilani’s discussion with Peter S. Goodman and dive into how the world's wealthiest have used the medical system during the pandemic as a cash cow, structuring our hospitals, senior homes, hospices, and pharmacies for revenue first and public health last.
Be sure to check out Goodman’s vital new book, Davos Man: How the Billionaires Devoured the World, available online and in stores now!
Produced by WG Film
Edited by Alexander Jemtrell
Music by Florencia Di Concilio
Social Media & Support - Kirsten McRae, Aune Nuyttens,
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