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The David McWilliams Podcast

Power and Plutocracy: Have we Reached Peak Billionaire?

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 5 November 2024

⏱️ 35 minutes

🧾️ Download transcript

Summary

In this episode, we delve into the essence of power ahead of the American election. What happens when the warrior, priestly, and merchant castes converge—and who ends up on top? We explore how the modern United States exemplifies this ancient struggle through its billionaires, technocrats, and military-industrial complex. With billionaires investing nearly $700 million into the election, we ask: does this solidify their dominance, or could we be nearing a tipping point, a "peak billionaire" era? From McKinley's front-porch politics to Roosevelt's crackdown on the robber barons, history has lessons for today's plutocrats. Could the pendulum swing against them again?


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Transcript

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0:00.0

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0:02.5

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0:04.9

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0:08.3

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0:12.6

How did the dog sneak out?

0:15.2

When did that parcel vanish?

0:17.7

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0:20.2

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0:38.6

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0:45.1

To understand the economy, you have to understand human nature.

0:51.5

This podcast is powered by ACAST.

0:57.2

How are you doing there?

0:58.4

It is time for the podcast.

1:01.6

Just going to say, John, the podcast that makes economics comprehensible, a little bit more...

1:06.2

Reasonable.

1:07.1

Reasonable.

1:08.5

Less arcy.

1:09.9

Anyway, how are you head? I'm good. I'm good. I'm still on my sugarboats since Halloween, actually.

1:14.8

Well, I can tell you, John, John came in here this afternoon and I was eating forlornly, barnbrack, lots of butter, surrounded by...

...

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