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The Sharyl Attkisson Podcast

263. Titans of Capital: How Concentrated Wealth Threatens Humanity

The Sharyl Attkisson Podcast

Sharyl Attkisson

News

4.81.7K Ratings

🗓️ 17 November 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

Sharyl speaks with author Peter Phillips about how 117 "Titans of Capital" are managing the wealth of the world’s super-rich and impacting everyone else in ways we may not like.

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Transcript

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0:00.0

Hi everybody, Cheryl Ackison here.

0:09.0

Welcome to another edition of the Cheryl Ackison podcast.

0:12.8

Today, Titans of Capital, how concentrated wealth threatens humanity.

0:19.9

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0:42.7

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0:46.7

I'm going to read the description of this book from its publicity because I think it says quite well what we're going to talk about today.

0:55.5

Titans of Capital is a book by political sociologist Peter Phillips. He's former director of Project Censored. As an aside,

1:03.0

this is a project I heartily support that has to do with getting information out there in the

1:08.3

public domain that is largely censored on basic media.

1:12.6

Anyway, Titans of Capital shows how fewer and larger investment companies now manage the wealth of the world super rich

1:20.6

to the detriment of everyone else in the global environment.

1:24.6

Phillips, says the description, takes us deep into the world of the transnational

1:29.5

finance companies whose outsize influence undermines everything from our environment to our

1:35.5

democracy to our basic human rights. Titans of Capital offers precise and staggering figures

1:41.4

for just how much wealth these firms control and how they invested in

1:46.3

projects that enriched the few at the expense of the many. Phillips examines the networks,

...

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