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Victor continues his series on socialism by digging into the arguments powerful politicians make against billionaires. He lays out two arguments against billionaires and examines the appeal of those arguments. Victor then makes the case that in a free market people become wealthy by creating value for other people and that you don't lose your property rights by acquiring more property.
Parental pause point questions:
1. What's your reaction to hearing people attack billionaires? (3:15)
2. What's appealing about the arguments against billionaires? (7:54)
3. Have you ever felt that what you earned was unfair because you worked harder than someone who made more than you? (13:33)
4. In a free market, how do you become rich? (23:53)
5. Have your thoughts on billionaires changed after this episode? If so, how? (31:13)
By Victor Joecks5
1212 ratings
Victor continues his series on socialism by digging into the arguments powerful politicians make against billionaires. He lays out two arguments against billionaires and examines the appeal of those arguments. Victor then makes the case that in a free market people become wealthy by creating value for other people and that you don't lose your property rights by acquiring more property.
Parental pause point questions:
1. What's your reaction to hearing people attack billionaires? (3:15)
2. What's appealing about the arguments against billionaires? (7:54)
3. Have you ever felt that what you earned was unfair because you worked harder than someone who made more than you? (13:33)
4. In a free market, how do you become rich? (23:53)
5. Have your thoughts on billionaires changed after this episode? If so, how? (31:13)