Bhaskar Sunkara
speaker
1,609 appearances
1 recordings
1 series
first heard Dec 2022
last heard Dec 2022
Bhaskar Sunkara’s voice in public audio — every appearance, attributed to the second.
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Appearances
spirals.
One reason why our welfare states are getting more and more expensive is in part just because our population is aging.
But many of the same people who say we can't afford more in our welfare states because, you know, we're already spending so much on Social Security and all these other entitlements are the same people.
Also for one, you know, closing borders so immigrants can't come in to help build the economy and to fill gaps in the economy.
and also who aren't for things that'll make it easier to have kids.
You know, I'm 33 years old.
I have a lot of friends who have been putting off having kids until they save up X amount of dollars, even though they have someone they could, you know...
raise children with because they can't afford the cost of childcare.
Their job probably won't give them more than four or six weeks of family leave or whatever else.
This is not the case in other countries.
So I think there's all sorts of benefits from having a bigger welfare state.
But yes, there are costs and there are going to be certain trade-offs.
It's not a magical thing where you could just have everything without trade-offs.
In theory, yes, of course.
So one would be if you tax the rich so much, they change their consumption patterns, and that has negative impacts on the economy as a whole.
You would have to kind of really model it out, but there would be a certain point in which the consumption changes might have net detrimental effects.
I think that's more unlikely.
And the more likely scenario is you tax corporations and other...
wealthy, you know, people in society to the point that they have potentially less money for productive investment, because you're in a capitalist society, so you're relying on capitalists to invest.
So you kind of don't want to be in the worst of both worlds, where you've gone too far for capitalism, but not far enough for socialism.
Showing 1081–1100 of 1,609 · page 55 of 81
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