Peter Philips Interview Episode 504

Matt Crawford speaks with author Peter Philips about his book, Titans of Capital: How Concentrated Wealth Threatens Humanity. In Titans of Capital, Peter Phillips, a political sociologist, poses three key research questions: To what extent do the wealthy influence—or even dominate—decision making that affects all of us in society? Who are the most powerful people? And how does the accumulation of capital work? 117 people are in charge of asset management companies that control 50 trillion dollars. Those investments shape the world, and when that capital shores up practices detrimental to society and the health of the planet we should all have something to say about it.