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Despatch: Could trillionaires actually save the world?

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Content provided by CapX. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CapX or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

As Elon Musk edges toward an eye-watering new milestone, the idea of a trillionaire sparks more fear than fascination on the left. But what if extreme wealth could accelerate progress rather than hoard it? In this essay, James Price, Senior Fellow at the Adam Smith Institute, argues that visionaries like Musk and other billionaire entrepreneurs reinvest their fortunes in projects that governments could never deliver—from AI-driven education to medical breakthroughs and space exploration. The result, he suggests, is a private sector more capable of solving humanity’s biggest problems than any public institution.


Despatch brings you the best of CapX — the sharpest writing from the UK’s most insightful daily newsletter.

Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

277 episodes

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iconShare
 
Manage episode 519850658 series 1412131
Content provided by CapX. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CapX or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

As Elon Musk edges toward an eye-watering new milestone, the idea of a trillionaire sparks more fear than fascination on the left. But what if extreme wealth could accelerate progress rather than hoard it? In this essay, James Price, Senior Fellow at the Adam Smith Institute, argues that visionaries like Musk and other billionaire entrepreneurs reinvest their fortunes in projects that governments could never deliver—from AI-driven education to medical breakthroughs and space exploration. The result, he suggests, is a private sector more capable of solving humanity’s biggest problems than any public institution.


Despatch brings you the best of CapX — the sharpest writing from the UK’s most insightful daily newsletter.

Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

277 episodes

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