This episode will feature Carl Rhodes, Dean and Professor of Organization Studies at the University of Technology Sydney Business School.
Economic inequality is a growing scourge on today’s world. At the apex of this massively unfair system are the global billionaires – an ultra-elite social class who have sequestered the world’s wealth while others languish in poverty and hunger. The immense social and political power billionaires possess cannot be explained by their wealth alone. Coupled with the financial resources billionaires command is a set of inter-connected myths that portray them as a ‘force for good’. This paper will review the myths of the good billionaire and how they serve to vanquish the democratic promise of shared prosperity and human flourishing. The paper will also discuss how undermining the myth can lead to a new moral and political vision for a future where the wealth created by human activity is shared by the many rather than hoarded by the few.
