Finance & Fury Podcast

Welcome to Finance and Fury, the Furious Friday edition. This episode – be looking at the weird combination between socialism and billionaires that is emerging – especially focusing on why billionaires are increasingly becoming in favour of socialism? Or additional government controls over economic function Interesting development - Wouldn’t think that these two worlds would collide – the only time I could think of socialism being used in the same sentence is to take away the billionaires money – which is has been – but why would some billionaires be in favour of this? technically – if a country was truly socialist – they wouldn’t have any wealth – or would they? In this episode – try to puzzle this out further to make sense of it and to see why they might be in favour of it - To start with – look at the concept of Socialism for the rich and capitalism for the poor  This is a classical political-economic argument which states that in advanced capitalist societies – the more advanced the country the more th