That's Debatable: Is It Time to Redistribute the World's Wealth?

That's Debatable: Is It Time to Redistribute the World's Wealth?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video is a debate on whether it's time to redistribute wealth, highlighting that 44% of the world's wealth is owned by the richest 1%. The debate features two teams: Larry Summers and Allison Schrager against the motion, and Yanis Varoufakis and Robert Reich for it. Arguments against focus on the inefficiency of wealth taxes, while arguments for emphasize the need for fairer distribution to support democracy. The discussion includes various tools for redistribution and stresses the importance of building from the middle class without envy.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Justice Brandeis suggest about wealth and democracy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the proposed alternative to redistributing wealth according to the text?

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