“Davos Man”: How Billionaires Devour the World & Fuel Global Inequality, Prolonging the Pandemic

Democracy Now! – Jan 21, 2022

As many of the world’s wealthiest people wrap up virtual talks today at the World Economic Forum based in Davos, Switzerland, Oxfam reports the incomes of 99% of the world’s population dropped during the pandemic while the world’s 10 richest men saw their wealth double. Meanwhile, vaccine profits have minted at least nine new billionaires at Moderna, BioNTech and China’s CanSino, amassing a combined new wealth of over $19 billion. To discuss the rise of billionaires and the policies that got us here, we speak with New York Times global correspondent Peter Goodman, author of the new book “Davos Man: How the Billionaires Devoured the World.” Goodman says billionaires’ championing of “stakeholder capitalism” is ruining U.S. democracy, and attributes the Omicron variant to “our unwillingness to challenge patents.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s