🔥
10d (edited) • 📚 Resources & Learning
📢 New Lesson: 8. Public Money → Private Gain
Today we’re releasing Lesson 8 in the billionaire–climate series:
Public Money → Private Gain — how subsidies, tax breaks, and bailouts quietly fuel billionaire wealth.
Most people imagine billionaires as “self-made,” but the data shows that modern wealth depends heavily on government support — not just during crises, but constantly.
This lesson brings the unseen flows of public → private wealth into full view.
🔥 What you’ll learn today
In this lesson, we explore how public resources are used to stabilise, expand, and amplify private wealth:
1. Subsidies
Direct support to industries like:
- fossil fuels
- aviation
- agriculture
- shipping
- banking
These reduce corporate operating costs by billions every year.
2. Tax Breaks & Incentives
Programmes designed to “stimulate growth” often end up:
- boosting shareholder returns
- reducing corporate tax burdens
- undermining public budgets
3. Bailouts
When corporations take risks and fail, governments step in to rescue:
- banks
- airlines
- auto companies
- energy providers
Losses are socialised.
Profits remain private.
4. Public Infrastructure
Roads, ports, research funding, internet infrastructure, legal systems, education, healthcare — all form the foundation on which billionaires build their fortunes.
5. Welfare Top-Ups for Low Wages
When companies pay wages too low to live on, taxpayers fill the gap through:
- housing support
- food support
- child tax credits
- healthcare subsidies
Companies save money.
The public pays instead.
đź’¬ Your Activity for Today
Question:
Where do you see public money supporting private companies in your country, city, or daily life?
You might think of:
- subsidies for fossil fuels
- government handouts to failing companies
- infrastructure built for corporations
- low-wage employers whose workers need state support
- industries that receive constant bailouts
- special tax deals for big business
Even one example helps others recognise how widespread the public→private flow really is.
🌱 Tomorrow’s Drop
0
0 comments
📢 New Lesson: 8. Public Money → Private Gain
powered by
skool.com/has2bgreen-3767
Learn, act, and lead on climate change: from basics to advocacy to real-world action. A global hub for solutions, stories, and change-makers.
Suggested communities
Powered by