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Londinium Chronicles Part 3 Audio Sept 28.mp3 HEADLINE: How to Move the Billionaires: War, Leveling, and the Failure of Reform SPEAKERS: Germanicus and Gaius 200 WORD SUMMARY: The speakers address the internal crisis within "Fortress America": the modern-

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Manage episode 508982307 series 96788
Content provided by Audioboom and John Batchelor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom and John Batchelor 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://player.fm/legal.
Londinium Chronicles Part 3 Audio Sept 28.mp3 HEADLINE: How to Move the Billionaires: War, Leveling, and the Failure of Reform SPEAKERS: Germanicus and Gaius
200 WORD SUMMARY: The speakers address the internal crisis within "Fortress America": the modern-day Palatine Hill, represented by the billionaires who are untouchable and above the law. Gaius cites economist Thomas Piketty, highlighting the "gigantic" wealth amassed by the super-rich. Germanicus asserts that the only guaranteed pathway to practical leveling—bringing the super-rich back down—is through war, whether external conflict or civil war. He explains that upheaval is necessary because the rate of return on investments consistently outpaces inflation, creating extraordinary wealth imbalance. World War II and the Great Depression were instruments of leveling in the US, creating the middle class and a more cohesive society. Today, US society is highly bifurcated, with the top 7-8% of the population holding 60% of the nation's wealth. Germanicus suggests that the populares committed to radical change are not the conventional "socialist" progressives (who are "parasites" of the state), but groups motivated by non-material goals. Both speakers emphatically agree that the problem of wealth inequality and the power of the Palatine will not be solved by reforms, calling reform a "misdirection." They conclude that maintaining the "status quo" means they are deeply "in trouble."
1790 SULLA'S PROSCRIPTIONS
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51239 episodes

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Manage episode 508982307 series 96788
Content provided by Audioboom and John Batchelor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom and John Batchelor 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://player.fm/legal.
Londinium Chronicles Part 3 Audio Sept 28.mp3 HEADLINE: How to Move the Billionaires: War, Leveling, and the Failure of Reform SPEAKERS: Germanicus and Gaius
200 WORD SUMMARY: The speakers address the internal crisis within "Fortress America": the modern-day Palatine Hill, represented by the billionaires who are untouchable and above the law. Gaius cites economist Thomas Piketty, highlighting the "gigantic" wealth amassed by the super-rich. Germanicus asserts that the only guaranteed pathway to practical leveling—bringing the super-rich back down—is through war, whether external conflict or civil war. He explains that upheaval is necessary because the rate of return on investments consistently outpaces inflation, creating extraordinary wealth imbalance. World War II and the Great Depression were instruments of leveling in the US, creating the middle class and a more cohesive society. Today, US society is highly bifurcated, with the top 7-8% of the population holding 60% of the nation's wealth. Germanicus suggests that the populares committed to radical change are not the conventional "socialist" progressives (who are "parasites" of the state), but groups motivated by non-material goals. Both speakers emphatically agree that the problem of wealth inequality and the power of the Palatine will not be solved by reforms, calling reform a "misdirection." They conclude that maintaining the "status quo" means they are deeply "in trouble."
1790 SULLA'S PROSCRIPTIONS
  continue reading

51239 episodes

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