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-----------------Support the channel----------- Patreon:   / thedissenter   PayPal: paypal.me/thedissenter PayPal Subscription 1 Dollar: https://tinyurl.com/yb3acuuy PayPal Subscription 3 Dollars: https://tinyurl.com/ybn6bg9l PayPal Subscription 5 Dollars: https://tinyurl.com/ycmr9gpz PayPal Subscription 10 Dollars: https://tinyurl.com/y9r3fc9m PayPal Subscription 20 Dollars: https://tinyurl.com/y95uvkao -----------------Follow me on-------------------- Facebook:   / thedissenteryt   Twitter:   / thedissenteryt   Anchor (podcast): https://anchor.fm/thedissenter This show is sponsored by Enlites, Learning & Development done differently. Check the website here: http://enlites.com/ RECORDED ON JANUARY 11th 2022. Dr. Andrew Sayer is Emeritus Professor of Social Theory and Political Economy at Lancaster University. He is known for significant contributions to methodology and theory in the social sciences. He is the author of multiple books, including Why We Can't Afford the Rich. In this episode, we focus on Why We Can’t Afford the Rich. We start by talking about economic inequality, and how it got worse since the rise of neoliberalism. We define who are the “rich”, and go through how they took control of the economy, how much they really contribute to it, how they spend their money, and how they influence politics. We talk about the concept of a “moral economy”, and earned income and meritocracy. We ask if capitalism itself is the problem, and go through some of the potential solutions for economic inequality. Time Links: 00:00 Intro 00:41 How bad is inequality today? 03:29 The rise of neoliberalism 13:50 Who are the rich? 15:56 How the rich took control over the economy 19:31 How much do the rich really contribute to the economy? 26:32 Should we care about how they spend their money? 31:56 Dependence 35:52 How the rich influence politics 41:42 Tax havens 45:18 When the rich get richer during economic crises 48:03 Moral economy 50:19 Earned income, and meritocracy 58:00 Is capitalism the problem? 1:02:52 How to tackle economic inequality 1:07:39 Follow Dr. Sayer’ work! -- Follow Dr. Sayer’s work: Faculty page: https://bit.ly/3jp6oAR Works on ResearchGate: https://bit.ly/3eEdHS1 Why We Can’t Afford the Rich: https://amzn.to/3kAjxGq -- A HUGE THANK YOU TO MY PATRONS/SUPPORTERS: KARIN LIETZCKE, ANN BLANCHETTE, PER HELGE LARSEN, LAU GUERREIRO, JERRY MULLER, HANS FREDRIK SUNDE, BERNARDO SEIXAS, HERBERT GINTIS, RUTGER VOS, RICARDO VLADIMIRO, CRAIG HEALY, OLAF ALEX, PHILIP KURIAN, JONATHAN VISSER, JAKOB KLINKBY, ADAM KESSEL, MATTHEW WHITINGBIRD, ARNAUD WOLFF, TIM HOLLOSY, HENRIK AHLENIUS, JOHN CONNORS, PAULINA BARREN, FILIP FORS CONNOLLY, DAN DEMETRIOU, ROBERT WINDHAGER, RUI INACIO, ARTHUR KOH, ZOOP, MARCO NEVES, COLIN HOLBROOK, SUSAN PINKER, PABLO SANTURBANO, SIMON COLUMBUS, PHIL KAVANAGH, JORGE ESPINHA, CORY CLARK, MARK BLYTH, ROBERTO INGUANZO, MIKKEL STORMYR, ERIC NEURMANN, SAMUEL ANDREEFF, FRANCIS FORDE, TIAGO NUNES, BERNARD HUGUENEY, ALEXANDER DANNBAUER, FERGAL CUSSEN, YEVHEN BODRENKO, HAL HERZOG, NUNO MACHADO, DON ROSS, JONATHAN LEIBRANT, JOÃO LINHARES, OZLEM BULUT, NATHAN NGUYEN, STANTON T, SAMUEL CORREA, ERIK HAINES, MARK SMITH, J.W., JOÃO EIRA, TOM HUMMEL, SARDUS FRANCE, DAVID SLOAN WILSON, YACILA DEZA-ARAUJO, IDAN SOLON, ROMAIN ROCH, DMITRY GRIGORYEV, TOM ROTH, DIEGO LONDOÑO CORREA, YANICK PUNTER, ADANER USMANI, CHARLOTTE BLEASE, NICOLE BARBARO, ADAM HUNT, PAWEL OSTASZEWSKI, AL ORTIZ, NELLEKE BAK, KATHRINE AND PATRICK TOBIN, GUY MADISON, GARY G HELLMANN, SAIMA AFZAL, ADRIAN JAEGGI, NICK GOLDEN, PAULO TOLENTINO, JOÃO BARBOSA, JULIAN PRICE, EDWARD HALL, HEDIN BRØNNER, DOUGLAS P. FRY, FRANCA BORTOLOTTI, GABRIEL PONS CORTÈS, URSULA LITZCKE, DENISE COOK, SCOTT, ZACHARY FISH, TIM DUFFY, AND TRADERINNYC! A SPECIAL THANKS TO MY PRODUCERS, YZAR WEHBE, JIM FRANK, ŁUKASZ STAFINIAK, IAN GILLIGAN, LUIS CAYETANO, TOM VANEGDOM, CURTIS DIXON, BENEDIKT MUELLER, VEGA GIDEY, THOMAS TRUMBLE, AND NUNO ELDER! AND TO MY EXECUTIVE PRODUCERS, MICHAL RUSIECKI, ROSEY, JAMES PRATT, MATTHEW LAVENDER, SERGIU CODREANU, AND BOGDAN KANIVETS! And check out my playlists on: PSYCHOLOGY: https://tinyurl.com/ybalf8km PHILOSOPHY: https://tinyurl.com/yb6a7d3p ANTHROPOLOGY: https://tinyurl.com/y8b42r7g #TheDissenter #AndrewSayer #WhyWeCantAffordtheRich