World Socialist Radio – The Socialist Party of Great Britain

World Socialist Radio – The Socialist Party of Great Britain
Skip to content
World Socialist Radio
Official podcast of The Socialist Party of Great Britain. We have one single aim: the establishment of a society in which all productive resources – land, water, factories, transport, etc. – are taken into common ownership, and in which the sole motive for production is the fulfilment of human needs and wants.
Listen On
Apple Podcasts
Listen On
Spotify
Listen On
Castbox
Listen in
Castro
Listen On
Listen On
Overcast
Listen On
Pocket Casts
Listen On
Podcast Addict
Listen On
TuneIn
Listen On
YouTube
Available on
Podbean
Listen On
Player
FM
The Closed World of Billionaire Power
by
The Socialist Party of Great Britain
This episode argues that a small global elite of billionaires effectively operates within a “closed world” of power, where wealth translates into disproportionate influence over politics, economies, and decision-making. Rather than governments or democratic institutions being in control, real power lies with those who own and control major corporations and financial systems, allowing them to shape policies and outcomes in their own interests. This concentration of power is presented as a structural feature of capitalism, not an accident.
It also suggests that this system perpetuates inequality and limits meaningful change, since those at the top benefit from maintaining the status quo. Even when reforms are proposed, they tend to leave underlying power relations intact. Only a fundamental transformation of ownership and control, away from private wealth and toward common ownership, can break this closed circle of elite power.
Taken from the April 2026 edition of
The Socialist Standard.
World Socialist Radio is the official podcast of The Socialist Party of Great Britain. We have one single aim: the establishment of a society in which all productive resources – land, water, factories, transport, etc. – are taken into common ownership, and in which the sole motive for production is the fulfilment of human needs and wants.
To read more news, views, and analysis please visit:
worldsocialism.org/spgb
or, for a free three-issue subscription to The Socialist Standard:
spgb.net/podcast
Featuring music: ‘Pushing P (Instrumental)’ by Tiga Maine x Deejay Boe. Source: Free Music Archive, licensed under Creative Commons CC BY 4.0
Search Episodes
Episode play icon
The Closed World of Billionaire Power
Episode Description
Episode play icon
Agency and Responsibility
Episode Description
Episode play icon
Zackonomics — How Green Can You Be?
Episode Description
Episode play icon
Peter Mandelson: Arch Labour Party Careerist
Episode Description
Episode play icon
Myths of Race and Nation
Episode Description
Episode play icon
Big Red Button
Episode Description
Episode play icon
State and Repression
Episode Description
Episode play icon
Ending The Money System Can Save The Planet
Episode Description
Episode play icon
Human Factories
Episode Description
Episode play icon
Venezuela: Another Failure of Capitalism
Episode Description
Search Results placeholder
Live Forum Topics
Our 2026 local election campaign in London
The Reformation and the Rise of the Nation State
White House sends delegation to deliver war ultimatum to Cuba
Artificial Intelligence and “Consciousness”
Trump as president again?
Review of the book ‘Make Capitalism History’
Capitalism´s future and Iran
Russian Tensions
April 2026 Socialist Standard No. 1460
Socialism or Your Money Back Blog
George and the dragon
Socialist Sonnet No. 232
Lose leaders
Guns or Butter
Today's take-away
Africa’s Socialist Banner
Africa: A Marxian Analysis
Southern Africa - severe drought warning
Kenya: Soaking the Poor
Zimbabwe: Shock horror, government losing out on taxes.
IMF still forcing austerity on Africans
Mouvement Socialiste Mondial
Les troubles en Iran (1980)
L'Iran dans la ligne de mire
Les principes du socialisme
« Taxer les riches » ?
« Un autre monde est possible » (1998)
Movimento Socialista Mondiale
Stranieri nel nostro mondo d'origine
Violenza e guerra: sono inevitabili? Una visione a lungo termine
Che cosa significa “post-scarsità”?
“Il socialismo non può funzionare, i socialisti si dimenticano sempre della natura umana”
Turismo cosmetico