June 07, 2023

#325 Wealth Distribution Disparity Full Show

3 hours 9 minutes

And Another Thing With Dave, by Dave Smith

#AATWD

In this episode, full 3 hr show on wealth distribution. We cover a lot of ground.

The conversation began with a discussion of education reform, leading to the conclusion that free college should be the second half of the new deal. The speaker then discussed the attempted coup in the US government, citing General Smudley Butler's book War is a Racket. The speaker then provided evidence as to why free college is an economically beneficial plan, as it pays for itself. This is due to the fact that a college graduate makes twice as much as a high school graduate and pays more taxes over their lifetime. This figure has not changed significantly since the speaker's time in college. The speaker then mentioned the issue of stagnating wages, which affects the ability of the system to remain profitable under capitalism.

This conversation was about investing in the future of our society, both on a personal and a larger scale. It was suggested that the state should fund education in areas that are beneficial to society, such as technology or engineering, instead of allowing people to pursue a degree in something like pottery. It was also suggested that people should be encouraged to pursue something that they love and that feeds their soul, as it will lead to happier people and a better society. This was exemplified by the analogy of pottery, in which if someone has a creative mindset and is passionate about something, they should follow it even if it is not in the realm of technology or engineering.

The conversation discusses the idea of pursuing a career in the arts and making a living doing something one loves. It is pointed out that this is a rare exception and most artists have multiple jobs. Apprenticeship programs are suggested as a way to gain employment and gain skills needed to become a master in their trade. It is also mentioned that this would require a shift in mentality away from a scarcity mindset, and that the U.S. has the resources needed to make any changes they desire.

The speaker discussed the immense wealth the US currently has and how it could be used to end world hunger with only 2 billion dollars a year, but due to the lack of political will, it is not being utilized. The speaker then addressed the issue of prison labor and how it is currently being utilized, but not in a way that helps prisoners upon their release. They argued that jails should be seen as correctional facilities and that prisoners who engage in labor while incarcerated should be given job training and job placement upon their release. They lamented the idolization of the rich and called for a shift in focus in society.

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