In this podcast, Parikshit Ghosh (Member of the I4I Editorial Board & Associate Professor, Delhi School of Economics) speaks with Debraj Ray (Julius Silver Professor, Faculty of Arts and Science, and Professor of Economics, New York University) on the rise of Trump and how it relates to the upsurge of inequality in the US and the ‘American dream’ narrative; implications of the process of automation for the relative shares of capital and labour as factors of production; the idea of committing a share of gross domestic product for the provision of a universal basic income; and the challenges involved in addressing inequality of wealth.