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The Prof G Pod with Scott Galloway

The Economy Is Rigged for Billionaires — ft. Gary Stevenson

The Prof G Pod with Scott Galloway

Vox Media Podcast Network

Careers, Entrepreneurship, Business

4.45.3K Ratings

🗓️ 7 May 2026

⏱️ 67 minutes

🧾️ Download transcript

Summary

Gary Stevenson, former trader turned economist and inequality activist, joins Scott to discuss why wealth inequality is accelerating across the West. They unpack the rise of the billionaire class, why the middle class is shrinking, and whether wealth taxes, estate taxes, and stricter tax enforcement could reverse the trend. Gary argues that modern economies increasingly reward ownership over work — and warns that younger generations are on track to become poorer than their parents. Also, friendly reminder that we're live on Substack. Subscribe at profgmedia.com to get ad-free versions of all our podcasts, the full archive of Scott’s newsletters, and exclusive content including deep dives, livestream conversations, and subscriber Q&As. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:12.0

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0:14.0

Support for this show comes from Odu.

0:18.0

Running a business is hard enough, so why make it harder with a dozen different

0:22.6

apps that don't talk to each other? Introducing Odu, it's the only business software you'll

0:28.1

ever need. It's an all-in-one fully integrated platform that makes your work easier, CRM, accounting,

0:35.3

inventory, e-commerce, and more. And the best part, O-DU replaces multiple expensive platforms for a fraction of the cost.

0:42.9

That's why over thousands of businesses have made the switch.

0:46.2

So why not you?

0:47.4

Try O-D-O-F-Free at O-D-O-D-O-O-O-com.

0:55.7

Once upon a mundane morning, Barb's day got busy without warning.

1:00.2

A realtor in need of an open-house sign.

1:02.5

No, 50 of them.

1:03.9

And designed before nine.

1:05.3

My head hurts.

1:06.6

Any mighty tools to help with this plight?

1:08.7

Aha!

1:09.4

Barb made her move.

1:10.7

She opened Canada and got in the groove.

1:12.9

Well, creating Canva sheets.

1:14.9

Create 50 signs fit for suburban streets.

...

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