Should billionaires exist? According to the new AppleTV series “Loot,” no.
However, the show is missing a key point when it comes to the situation.
Entrepreneurs have to provide value to their customers, strive to innovate and keep their customers happy.
And in a free market, they have to continuously produce value for consumers or risk losing it all.
As long as their wealth is accumulated by serving customers, billionaires should be celebrated not condemned.
Written by Abby Richardson & Sean W. Malone
Narrated by Matt Tabor
Produced and Edited by Michael Ozias
Assistant Edited by Abby Richardson
https://www.cnbc.com/2020/08/27/25percent-of-us-malls-are-set-to-shut-within-5-years-what-comes-next.html#:~:text=Giving them a new life won't be easy,-Published Thu%2C Aug&text=Coresight Research estimates 25%25 of,demise that was already underway.
About Foundation for Econ. Education
FEE focuses on introducing freedom as a life philosophy to newcomers in the youth audience, striving to bring about a world in which the economic, ethical, and legal principles of a free society are familiar and credible to the rising generation.