Debunking Economics - the podcast Why we are getting poorer (with Cahal Moran)
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Apr 30, 2025 
In this insightful discussion, Cahal Moran, author of 'Why We're Getting Poorer' and voice of YouTube's Unlearning Economics, dives into the troubling reality of growing wealth inequality amidst rising billionaires. He challenges conventional economic teachings, critiquing trickle-down theories and advocating for public investment in education and housing. Moran highlights the dangers of wealth concentration among the elite and urges for democratic reforms to empower local decision-making. His perspectives on economic realities will leave you questioning the status quo.
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Need for Government Deficits
- Government deficits are necessary for economic growth and fiat money creation.
- Cutting health, education, housing weakens society and economic foundations.
Billionaire Monopoly Concerns
- Billionaire wealth often stems from monopolistic control, squeezing out competitors.
- This concentrated power harms workers, consumers, and economic diversity.
Privatization Harms Public Assets
- Government downsizing fosters private takeovers that prioritize profit over maintenance.
- Public infrastructure suffers without state stewardship, harming society long-term.
