AI Bubbles, Bailouts, and Vulture Capitalism with Grace Blakeley (BONUS)
Description
In this bonus episode, Grace Blakeley and Reed Galen discuss the current economic landscape shaped by AI and wealth inequality. They explore how the top 10% of wealth holders are driving consumer spending, the implications of potential bailouts for the wealthy, and the moral hazards present in the financial system.
The discussion also touches on the political ramifications of economic crises, the historical context of financial bailouts, and the need for organized resistance against systemic injustices. They emphasize the importance of collective action and the role of ideology in shaping economic systems, ultimately calling for a more equitable future.
Follow Grace on Substack https://substack.com/@graceblakeley
Buy Grace's Book, Vulture Capitalism
Follow Reed on Social Media https://linktr.ee/reedgalen
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