Finance & Fury Podcast

Welcome to Finance and Fury, the Furious Friday edition.   Last week – went through the rise in billionaires in favour of additional socialist policies – went through why I think this is the case - I think that most of the billionaire class are in favour of calling for socialism due to it giving governments more control over the economy – and hence increases their political influence over the economy to benefit themselves Not true socialism – but a socialism lite version to help create additional barries to entry and to help monopolies the markets further More political power – greater ability for lobbyist to influence policy at the state and federal levels – hence additional benefits for the companies that they control through gaining additional corporate welfare Plus – the policies that will be recommended in the form of what those on the left want – like additional taxes will unlikely affect them – at least proportionately when compared to others – Taxes – they can move their wealth (or move away themse