Chicago Cubs co-owner - People on the left think wealth is FINITE episode artwork

EPISODE · May 14, 2026 · 5 MIN

Chicago Cubs co-owner - People on the left think wealth is FINITE

from Today Explained · host Today Explained

The Core ArgumentFixed-Pie Fallacy: Ricketts argued that progressive politicians view the economy as a fixed pie where one person's gain is automatically another person's loss.Wealth Creation: He countered this view by stating that entrepreneurs and small business owners create entirely new wealth and expand the economy, rather than just taking it from others.Targeting Rhetoric: His remarks were a direct response to recent high-profile commentary from progressive figures, including Representative Alexandria Ocasio-Cortez, regarding billionaires and wealth accumulation.Become a supporter of this podcast: https://www.spreaker.com/podcast/today-explained--6659607/support.Don’t miss our latest episodes! follow us to stay updates with fresh news everyday. Let’s keep the support our podcast to serve update news entire the world!

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Chicago Cubs co-owner - People on the left think wealth is FINITE

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