6 Jul 2025

Does the world need billionaires?

From Sunday Morning, 11:35 am on 6 July 2025

Should tax rules prevent billionaires from amassing fortunes? Jessica Flanigan says ‘no’. Flanigan is a professor of philosophy, politics, economics and law at Richmond University in Virginia, and recently wrote an essay entitled Wealth Without Limits: in Defense of Billionaires. 

She joins Jim to explain why she thinks billionaires generally do more good for society than public officials could do with an increased tax-take from them.  

Dictionary definition of billionaire

Photo: Nick Youngson