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The Money with Katie Show

Is This Simple Idea the Solution for America's Wealth Inequality?

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.81.3K Ratings

🗓️ 19 March 2025

⏱️ 90 minutes

🧾️ Download transcript

Summary

It’s easy to point out that wealth inequality in America is a problem. It’s much harder to identify realistic fixes. But what if there were a simple, elegant solution? In today’s episode, I’m speaking with Matt Bruenig, a former National Labor Relations Board lawyer and policy expert who’s one of the brightest minds in this space. This conversation will get you thinking differently (and bigger) about money, the economy, and wealth—and why a solidarity economy is stronger for everyone. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/social-wealth-funds. Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Here's the truth about AI. AI is only as powerful as the platform it's built into. Service Now puts AI to work for people across your business, removing friction and frustration for your employees, supercharging productivity for your developers, providing intelligent tools for your service agents to make customers happier, all built into a single platform you can

0:22.0

use right now. That's why the world works with ServiceNow. Visit ServiceNow.com

0:27.9

slash UK slash AI for people. These things do exist already. They are effective where they do exist,

0:37.4

and I'm just basically saying let's copy that and scale it up. These things do exist already. They are effective where they do exist.

0:41.2

And I'm just basically saying, let's copy that and scale it up.

0:42.6

We've got it in Norway.

0:43.7

We've got it in Alaska.

0:45.1

You can go see.

0:48.1

You can go to Alaska, visit people, talk to people.

0:50.1

You know, it's not a leap into the unknown.

0:51.1

It's known.

0:52.7

We know how this is going to work. One valid critique of producing a show about the economy, culture, and money in the midst of what I would argue is general institutional breakdown, is that the result can end up being sort of a bummer.

1:10.2

I mean, privatization, child care deserts, climate change.

1:15.9

Ew. Gross.

1:17.8

In other words, it's easy to see and discuss our challenges,

1:22.4

but practical solutions can be harder to come by.

1:25.7

That is why I am thrilled about today's conversation with

1:29.3

Matt Brunig, a former National Labor Relations Board lawyer and policy analyst at Demos

1:36.0

Think Tank, whose areas of expertise span inequality, poverty, welfare systems, labor law, and more.

1:44.3

Now he's the founder of the People's Policy Project, a think tank he founded in 2017.

1:50.5

Its primary mission is to publish ideas and analysis that assist in developing economic systems that serve the many, not the few.

2:08.2

Music systems that serve the many, not the few. So welcome back to The Money with Katie Show.

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