CHUCK COLLINS on Wealth Hoarding and Capitalist Capture /340
In an increasingly unequal and precarious world, how might we come to combat disconnection and disillusionment? In this episode, guest Cuck Collins dives deeply into the world of wealth hoarding and staggering inequality. Recognizing the complexity of these issues, Ayana and Chuck engage deeply with questions of philanthrocapitalism, tax spending, the wealth defense industry, and power inequities across society.
Chuck explains that as wealth concentrates in fewer and fewer hands it perpetuates and increases anti-democratic values and economic instability, leading to uncertain and uneven futures. This growing inequality is deeply intertwined with the capitalist extraction that has led to the climate crisis. As the fossil fuel industry has worked to shape public response to the climate crisis through denial, doubt, and delay, it is clear that the politics of our times are ensnared within corporate interest and greed.
At the same time, the climate crisis calls us to reckon with our value systems and to question the cultural conditionings by which we have been surrounded. It is delusional to think that even the wealthiest among us will be able to escape climate crisis entirely. Instead of relying on broken and untrustworthy systems, how can we seed a new economy of solidarity as we work to live within Earth’s boundaries?
Chuck Collins, co-editor, Inequality.org at the Institute for Policy Studies and author of numerous books including Born on Third Base, The Wealth Hoarders, and Economic Apartheid in America. Altar to an Erupting Sun is his first novel.
Music by Vide Geiger, Sean Smith, and The Ascent of Everest. Visit our website at forthewild.world for the full episode description, references, and action points.
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