Ep 4. Why Billionaires Won't Save Us
- December 1, 2019
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(154)
Patriot Act with Hasan Minhaj Season 5 Episode 4 is titled "Why Billionaires Won't Save Us." In this episode, Hasan Minhaj delves into the world of billionaires and their impact on society. He explores the idea that billionaires often portray themselves as heroes and saviors, but in reality, they may not always have the best interests of the public at heart.
Hasan starts by reviewing some of the pledges that billionaires have made, including Bill Gates' commitment to eliminate malaria and Mark Zuckerberg's promise to donate 99% of his Facebook shares to philanthropic causes. However, he also points out that even with these pledges, there are still major issues that these billionaires aren't addressing, such as income inequality and systemic poverty.
Next, Hasan looks at the ways in which billionaires have actually contributed to societal problems. For example, the rise of the gig economy and the increased use of automation have led to widespread job loss and economic instability for many people. He argues that these trends are often perpetuated by billionaires who prioritize their own profit margins over the well-being of their employees and the broader society.
Hasan then explores the role that tax policies play in exacerbating these issues. He points out that many billionaires use legal loopholes and offshore tax havens to avoid paying their fair share of taxes, which ultimately harms the working class. He also argues that billionaires who publicly tout their philanthropic efforts are often using those donations as a way to avoid paying taxes, rather than truly altruistic motives.
Throughout the episode, Hasan challenges the idea that billionaires are the key to solving society's problems. He argues that instead of relying on the super-rich to fix things, we need to prioritize policies and initiatives that benefit the majority of people, rather than benefiting a select few at the top.
In conclusion, "Why Billionaires Won't Save Us" is a thought-provoking episode that challenges the notion that billionaires are the heroes and saviors of society. Hasan's insights into the ways in which billionaires contribute to problems rather than fixing them are sure to inspire discussion and debate among viewers.