Try free for 30 days

  • Inequality and the Collapse of Privilege

  • An Of Two Minds Essential, Volume 2
  • By: Charles Hugh Smith
  • Narrated by: Leslie James
  • Length: 3 hrs and 22 mins

1 credit a month to use on any title, yours to keep (you’ll use your first credit on this title).
Stream or download thousands of included titles.
Access to exclusive deals and discounts.
$16.45 a month after 30 day trial. Cancel anytime.
Inequality and the Collapse of Privilege cover art

Inequality and the Collapse of Privilege

By: Charles Hugh Smith
Narrated by: Leslie James
Try for $0.00

$16.45 per month after 30 days. Cancel anytime.

Buy Now for $16.99

Buy Now for $16.99

Pay using voucher balance (if applicable) then card ending in
By confirming your purchase, you agree to Audible's Conditions Of Use and Privacy Notice and authorise Audible to charge your designated credit card or another available credit card on file.

Publisher's Summary

Inequality is rising globally, and rising inequality is destabilizing. A status quo of increasing inequality self-destructs. To avoid this fate, we must answer this question: Why is the gulf between the wealthy and everyone else widening so dramatically?

The answer boils down to one word: privilege.

What is privilege? There are many types of privilege, but they all share two characteristics: Privilege delivers benefits, wealth, and power that are unearned. Privilege is destabilizing for many reasons: The dead weight of privilege reduces productivity, generates perverse incentives, and fuels social injustice. Innovation and competition are threats to privileged monopolies and are therefore suppressed.

The only way to foster sustainable stability is to eradicate privilege. We have a moral imperative to eradicate privilege: Privilege is immoral, as rising inequality is the only possible output of privilege. Privilege is exploitive, parasitic, predatory, and destructive to the society and economy and generates inequality by its very nature. Stripped to its essence, privilege is nothing but institutionalized racketeering.

The only way to reverse rising inequality is to eradicate its source: privilege.

©2016 Charles Hugh Smith (P)2018 SpokenTome.Media

What listeners say about Inequality and the Collapse of Privilege

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.