Wealth and Social Responsibility
Webcast Q&A: Sunday, 22 May 2011, Question 6
I answered a question on wealth and social responsibility on Philosophy in Action Radio on 22 May 2011. You can listen to or download the podcast segment below – or check out the whole episode.
Doesn't greater wealth entail greater responsibility? If you have amassed a great fortune, don't you also have to shoulder a greater responsibility to society and your fellow man than others? After all, success in business doesn't occur in a vacuum: it always depends on the community to some extent. People like Michael Bloomberg or George Lucas know that they would not be where they are today without some pretty significant assistance from others. So shouldn't they assume more responsibility for their fellow man than others?
My Answer, In Brief: The person who has amassed much wealth has done so by offering people much-valued products and services in voluntary trades. He does not become the keeper of humanity thereby.
- Download: MP3 Segment
- Duration: 3:20
You can automatically download that and other podcasts by subscribing to Philosophy in Action's Podcast RSS Feed:
- Please, read (or re-read) Atlas Shrugged!
Support Philosophy in Action
Remember, Philosophy in Action Radio is available to anyone, free of charge. That's because our goal is to spread rational principles for real life far and wide, as we do every week to thousands of listeners. We love doing that, but each episode requires our time, effort, and money. So if you enjoy and value our work, please contribute to our tip jar. We suggest $5 per episode or $20 per month, but any amount is appreciated. You can send your contribution via Dwolla, PayPal, or US Mail.
Thank you, if you've contributed to Philosophy in Action! You make our work possible every week, and we're so grateful for that!
If you enjoy Philosophy in Action, please help us spread the word about it! Tell your friends about upcoming broadcasts by forwarding our newsletter. Link to episodes or segments from our topics archive. Share our blog posts, podcasts, and events on Facebook and Twitter. Rate and review the podcast in iTunes (M4A and MP3). We appreciate any and all of that!
About Philosophy in Action Radio
I'm Dr. Diana Hsieh. I'm a philosopher specializing the application of rational principles to the challenges of real life. I received my Ph.D in philosophy from the University of Colorado at Boulder in 2009. My dissertation defended moral responsibility and moral judgment against the doubts raised by Thomas Nagel's "problem of moral luck."
My radio show, Philosophy in Action Radio, broadcasts live over the internet on Sunday mornings and Wednesday evenings. On Sunday mornings, I answer four meaty questions applying rational principles to the challenges of real life in a live hour-long show. Greg Perkins of Objectivist Answers co-hosts the show. On Wednesday evenings, I interview an expert guest about a topic of practical importance.
If you join us for the live broadcasts, you can ask follow-up questions and make comments in the text-based chat. Otherwise, you can listen to the podcast by subscribing to our Podcast RSS Feed. You can also peruse the show archives, where episodes and questions are sorted by date and by topic.
I can be reached via e-mail to email@example.com.