Billionaires have become a uniquely destructive force to both democracy and the planet, says author Chuck Collins. Collins' new book, "Burned by Billionaires: How Concentrated Wealth and Power Are Ruining Our Lives and Planet," argues that the rise of the billionaire class has profoundly damaging impacts on ordinary Americans’ lives and on the functioning of democracy. Collins is a senior scholar at the Institute for Policy Studies, where he co-edits Inequality.org, and is the author of several books on inequality and wealth, including Wealth and Our Commonwealth, co-authored with Bill Gates, Sr. Host: Anne KimGuest: Chuck CollinsChapters00:00 The Rise of the Billionaire Class02:59 Impact of Billionaires on the Planet05:41 Billionaires and the Housing Crisis08:38 Billionaire Influence on the Economy11:28 Billionaires and Political Power14:08 Proposed Solutions to Wealth Inequality16:58 Grassroots Movements and Citizen ActionSubscribe to the Washington Monthly's podcast:https://youtube.com/playlist?list=PLonp7h9esu5hYFpElBTi8uC8HT5bSqpFQ&si=VMM10M3WJpqDN3RqRead the Washington Monthly:www.washingtonmonthly.comSubscribe to the Washington Monthly's PolicyFix playlist:https://youtube.com/playlist?list=PLonp7h9esu5j_rTTHx-0Vv_T_AyQqoRaO&si=AANgMFJ6G2_cOUM4
