The Revolt Against The Rich, with Anand Giridharadas and Anne McElvoy

Intelligence Squared

Arts, News, Society & Culture, News Commentary

4.2 • 1.1K Ratings

🗓️ 14 June 2019

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Thought-leaders, change agents, the new philanthropists. These are some of the terms used to describe rich and powerful figures who talk publicly and enthusiastically about their efforts to build a better world. But to Anand Giridharadas — Editor-at-Large at TIME magazine and author of Winners Take All: The Elite Charade of Changing the World — the global elite actually have very little interest in changing a system that has been rigged to keep power and wealth in the hands of the select few. Giridharadas came to the Intelligence Squared stage to explain what he calls the charade whereby wealthy CEOs, political leaders and do-gooder celebrities fight for equality and justice any way they can – except in ways that threaten the social order and their position at its pinnacle. He showed how they rebrand themselves as saviours of the poor, while doing nothing that will address the devastating effects of today’s unparalleled wealth and income inequality. Why, Giridharadas asked, should the world’s problems be solved by an unelected elite who dodge taxes and lobby governments to entrench their own power, rather than by public institutions supported by the taxpayer? And what needs to be done to make our institutions more robust and democratic so that they can take on the gruelling task of truly changing the world? Support this show http://supporter.acast.com/intelligencesquared. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:00.0	Hello and welcome to this week's Intelligence Squared Podcast with me Farra Gisat and me Daniel Ben Corin.
1:05.0	This week we had an event on the revolt against the rich.
1:08.0	Daniel produced the event. Daniel what happened?
1:10.0	So this week we have Anand Girodaradas. He has a new book out called Winners Take Or the Elite
1:16.0	Chirade of Changing the World and it's about how global elites have the appearance of trying
1:20.8	to make things better for the world, but actually have very
1:24.2	little interest in changing a system which benefits them.
1:27.0	And of course Annand himself has an interesting background, he's now editor at
1:30.3	large at Time magazine, but used to work at McKinsey.
1:33.2	Yeah, so he's very familiar with this whole world that he's exploring of ultra-rich kind of professionals,
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