The quote I heard - A billionaire, a worker, and an immigrant approach a table with 1000 cookies. The billionaire takes 999 cookies and tells the worker, "watch out, that immigrant wants to steal cookie."
That bailout destroyed neo-liberalism politically-wise but not policy-wise. Politicians can no longer get elected on a neo-liberal economics platform. So, they've turned to racism, xenophobia, homophobia, and sexism for political support. The rhetoric is Fascist, but the policy is neo-liberal.
It doesn't hurt to amplify the message. Whoever could be persuaded by stumbling upon a video like this. We need more class consciousness to apply pressure on the elites. I think there's plenty of people out there who are angry at the system and don't understand why and need to find the information.
If you look at how Luigi Mangione is treated, you will see how scared the rich really are. They want to set an example to deter the next attack, but when people are pushed, they will eventually push back.
The whole point of our skyrocketing inequality is that the billionaire class are expecting democracy to collapse, and they think their extreme wealth will set them up as the new royalty.
Well Jeff and Elon think they are going to set up mars as the planet of heavy industry and ship all the poor people there while they turn earth into their nature preserve, anyone remember the whole Mars colony garbage?
Scarborough and Brzezinski are each paid several millions a year, and their net worth must be many, many millions. The expression on Scarborough's face here is probably quite similar to how Louis XVI looked when he was told that the peasants had besieged the Bastille. Scarborough, Brzezinski and all the other established media talking heads are members of the elite class; they simply cannot be objective and rational when discussing how to deal with income inequality.
Rutger Bregman is my hero. He told it to the billionaires at Davos and to Tucker at FOX News. Who didn't air the episode, because he got called Tucker out on how he made his money and Tucker started cursing and yelling. That was just awesome. Absolute king Rutger Bregman. You should watch it. Tucker never got slapped that hard before.
I mean he definitely has a few good insights at times but he is a freaking shameless Zionist. But as Sam says, you know things are bad when even a guy like him is speaking out.
@@Joey-ct8bm A few years back, I remember viewing a few interviews or discussions with him. Made an impression on me at the time. Here's a little more about him: "Rutger Bregman (1988) is a Dutch historian and best selling author. His books Humankind (2020) and Utopia for Realists (2017) were both Sunday Times and New York Times best sellers."
The Beatles wrote "Tax Man" in protest of having to pay 90% taxes on their record sales. Paul McCartney was still able to afford a Rolls-Royce with that 10%. MOST Americans don't have a net worth comparable to the original price of that car, without even adjusting for inflation.
they didn't pay 90% on all their earnings just on the amount above a threshold of say 10 million pounds .. just like our tax rates are progressive with earnings ..
Not a great example. They weren’t exploiting anyone. They were some of the most creative people in history making money on selling their own music. This is after already receiving low royalties because of a relatively bad record deal. They were justified in not wanting to pay a 95% super tax. The problem we have is super wealthy not even paying 40% in their income and basically existing in a world where their real net worth skyrockets and then they borrow against it for whatever they want and never end up paying real taxes on their wealth.
@@Guitarman6689 Buddy, they had all that financial pressure without exploiting anyone and COULD STILL AFFORD RIDICULOUSLY EXPENSIVE LUXURY CARS. My entire point is that even when HONEST people who don't exploit anyone make enough money for the government to take 95% of it, those people can STILL afford luxuries with pricetags that would be life-changing for the average working man. If even the most honest, hardworking, and decent people among the wealthy can afford such luxuries AFTER the government takes a lion's share, then the ultrawealthy REALLY have no excuse.
They only paid a 90% tax rate on income above a certain amount, I'm sure several million dollars a year. They would have paid lower rates on the rest of their income. That's why they're called marginal tax rates. We desperately need them back.
@@JetBlastoff-y6hYes, exactly. The wealthy do not need more money. The US tax policy is killing the economy because it takes a large percentage from people who need it, while taking a much smaller percentage from those who do not need it.
I mean he's a Zionist and basically right-winger so maybe but Scott Galloway does have some awareness and appreciation of the plight of normal people at least.
Which a lot of the media mocked. A decade and a half later, Luigi pops up and delivers his version of justice. This time, instead of mockery, you get pearl clutching.
Even just taking overseas tax evasion into account, having that money back in the U.S. in circulation...It would be the greatest economic boom since the New Deal. And all it would take is a few slain dragons.
Rutger Bregman is my hero. He told it to the billionaires at Davos and to Tucker at FOX News. Who didn't air the episode, because he got called Tucker out on how he made his money and Tucker started cursing and yelling. That was just awesome. Rutger recorded it though and put it on the internet. After that Tucker apologized for cursing, but not to Rutger. Absolute King G Rutger Bregman. Saying it at Davos is like stepping into the ring with Mike Tyson in his prime.
A billionaire isn't going to buy 1,000 Frigidaire washers and dryers, creating all the jobs associated with it. He is going to invest in the stock market, driving up the price of stocks as we see daily. Take half that money and return it to the economy in the form of higher salaries and better social programs and that money will buy washers, dryers, refrigerators, automobiles, clothing, food, you name it and above all it will create demand that means jobs.
“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it. Life, liberty, and property do not exist because men have made laws.” - Frederic Bastiat
That's exactly what the US needs. "Liberté, égalité, fraternité ou la mort". "liberty, equality, brotherhood or death" The slogan of the French revolution and motto the French flag. The French flag left the death part out though.
Rutger Bregman is my hero. He told it to the billionaires at Davos and to Tucker at FOX News. Who didn't air the episode because he got called Tucker out on how he made his money and Tucker started cursing and yelling. That was just awesome. You should watch it. Tucker never got slapped that hard before.
Love the message but don't fall in love with the messenger. Not too long ago folks were loving Chamath Palihapitiya for saying reckless banks shouldn't get bailed out, then he turned around to shill crypto and meme stocks. Not saying Scott is a grifter, but I'm sure if he truly believes what he's saying he'd agree that the powerful don't need your benefit of the doubt.
Galloway has echoed Zionist talking points. While we can agree with him on his domestic economic policy, he can't seem to look at Israel and Palestine with the same lens.
That is one of the most eloquent approaches I have ever heard to income inequality. No one can argue that without mental gymnastics that would make Simone Biles blush.
You can't tax the rich into returning some of our money. In the final chapter of his book, "Poverty, by America," Matthew Desmond makes the point that, instead of talking about wealth redistribution or Marxism (Heaven forbid!), the rich just need to pay the taxes they currently owe. That would resolve many problems. But they won't do it. So we have to do what we have to do.
Every extra dollar given to someone who has more wealth than they can spend destroys the multiplier effect. The multiplier effect. From what I learned in my macro economics class in college, the multiplier effect is ESSENTIAL for a healthy economy for the vast majority of people. That is what keeps the economy going.
During the election cycle I heard an absolutely chilling statement by some businesses guy on CNBC regarding tRump and authoritarianism, when questioned this guy actually said, “we don’t need democracy to make money”. Unbelievable!
Scott Galloway said that message of inequality on Real Time with Bill Maher years ago. That would've been helpful during the 2024 campaign, but Scott was promoting his book about masculinity last year.
If people inherit wealth, say over $50M, they should have the option of: 1) 99% tax over that amount, 2) taking it all, BUT they can not donate to politicians or run for office AND they can ONLY invest in a business THEY own and operate, NOT any other business.
i would say if you make that much money it their responsibility to make sure their carbon foot print is low and reduce the amount of resources that consume.
He's been on Morning Joe several times conveying similar messages. He hosts a couple of fairly popular podcasts. He gave a Ted Talk last year that has about 7 million views on youtube. He was portrayed in the Apple+ TV series WeCrashed. He has written several books, some of them bestsellers. He's not some sort of obscure person with no media presence, and he has been very consistent and very vocal about income inequality for years now. It may well be that you, specifically, will never see him again but I'm pretty sure that those who are interested in seeing him again will have no trouble doing so.
Regarding tax rate - play the whole clip from Scott Galloway, he talks about that! How little the super rich pay in % of taxes versus the middle class/poor working class
I had ads for Scott a few years back, and he seemed like a "finance bro" or of that ilk. Maybe he is, but he can see reality and is human. A high bar nowadays. It just shows that what billionaires are doing is actually against their best interest "long" term.
Just want to say blackrock does traditional investing... Blackstone buys residential homes to rent for profit... Two different companies two different mentalities.
Right on bro - well said dude!!! Throughout history there have been many revolutions/turning points nearly always based on income inequality underlying the problem.
Notice how many US billionaires immigrated to the US. The US does a lot more than other countries to protect billionaires and their interests than common citizens. Add to that the US militarized police force and surveillance. There’s a reason Luigi was arrested so quickly while ordinary people become cold cases.
You would think these tech bros would understand good game design. You can’t have the 1% so far ahead in the power scaling or it destroys the multiplayer community
Capital gains taxes should be at least double the current laughable 15%. Investment income being taxed at a much lower rate than wages is open class warfare. That would be a good quick and easy start. Bush dropped them to that because it would "increase investment", which is basically a non-sequitur since the tax only applies to investments that made money. "I'm not going to invest in anything because the capital gains tax rate is too high. I'll just not invest in anything and let inflation steadily eat away at my money!" ~said no one ever *edit* I should have clarified this should apply only to gains past a certain number. Let's say $5 million, so it doesn't burn retirees, normal people selling homes, small business owners etc.
That would hurt the middle class more than the wealthy, since it also applies to retirement portfolios and home sales. They need to specifically target the borrowing against assets loophole that they use.
Bread and circuses. Revolution is dangerous even if your side wins, so even if your life isn't the greatest, as long as it's decently comfortable most people won't take the risk. The reason things are starting to get heated now is because 'decently comfortable' is slipping out of reach for even the relatively well-off members of the working class.
Steinbeck quote Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.
If we drilled for oil the way we do taxes, we would only drill in the places where there was barely any oil and completely avoid all the large oil deposits and then we would wonder why we had an oil deficit. It's not fair to punish the oil rich lands for their success.
Well that's never going to happen. The politicians and law makers serve the interests of the billionaires and millionaires i.e., the top 1%. There is no way they are going to implement a law that will harm their donor class, the donors just will not allow it. So you can forget about taxing rich people more, the rich know how to protect their interests and wealth.
They don't have to protect themselves. The police will protect the billionaires, CEOs and punish anyone who goes after them. Just ask Luigi Mangioni who will fester away in jail for the next 100 years.
Rich guys in the past had a better less anxiety filled rich experience than those today. It’s an easier ride when everyone else isn’t targeting you 😂 What’s wild is, knowing all of this you all still poo poo reparations. Talk about money going back into the economy! But even that show guest likely draws the line there
Progressive taxing began under FDR during the Depression. Each subsequent President since has chipped away at the rates until we ended up where we are here in 2025.
If taxes were used for the advancement of humanity - education, healthcare (physical AND mental), infrastructure, end of hunger, rainy day savings, savings and distribution for the elderly, et al - people could still become "wealthy", but the definition of that would no longer be based on have and have not. The definition of wealth would then be based on stability and longevity, and EVERYONE that wanted to participate could then be "wealthy".
Business schools used to use the book richest man in Babylon to show that it is unsustainable to have so much money in the hands of so few people. I guess they must have stopped that requirement to read the book "Richest Man in Babylon"
The quote I heard - A billionaire, a worker, and an immigrant approach a table with 1000 cookies. The billionaire takes 999 cookies and tells the worker, "watch out, that immigrant wants to steal cookie."
That's MAGA in a nutshell, sucking up to the billionaires who are stealing their money while blaming it on immigrants who have nothing.
In 2008 We bailed out the banks and we never bailed out the people. It’s as simple as that.
That bailout destroyed neo-liberalism politically-wise but not policy-wise. Politicians can no longer get elected on a neo-liberal economics platform. So, they've turned to racism, xenophobia, homophobia, and sexism for political support. The rhetoric is Fascist, but the policy is neo-liberal.
Biden tried to bail out the people during the pandemic and the people didn’t want it. The people are too dumb, its never going to change
2008 was a snapshot in time. This has been going on since the Reagan era and it’s a snowball hurtling down the mountain.
100%
That has nothing to do with what is going on now. Literally nothing.
You don't water the fruits of the plant, you water the roots.
I like that, goes with how absurd the trickle down theory is. Got soak the dirt and sell the fruit,
It doesn't hurt to amplify the message. Whoever could be persuaded by stumbling upon a video like this. We need more class consciousness to apply pressure on the elites. I think there's plenty of people out there who are angry at the system and don't understand why and need to find the information.
Check out your local Marxist-Leninist reading group, seriously
Expose the Oligarchy! People before profits!
This is a good quote
If you look at how Luigi Mangione is treated, you will see how scared the rich really are. They want to set an example to deter the next attack, but when people are pushed, they will eventually push back.
The whole point of our skyrocketing inequality is that the billionaire class are expecting democracy to collapse, and they think their extreme wealth will set them up as the new royalty.
Excellent point. They are fueling the collapse and their wealth simultaneously.
Bingo
They apparently forgot they're just mortal humans like the rest of us. Guess they're going to find out the hard way.
Well Jeff and Elon think they are going to set up mars as the planet of heavy industry and ship all the poor people there while they turn earth into their nature preserve, anyone remember the whole Mars colony garbage?
A people who continue to vote for corrupt politicians, thieves, imposters and traitors are not victims but accomplices. George Orwell
Joe Scarborough has the Tucker Carlson confused look on his face, iu love it
More -stipated than -fused.
From these two comments I must conclude that being confuses means your buttcheeks are fused together. 😂
Scarborough and Brzezinski are each paid several millions a year, and their net worth must be many, many millions. The expression on Scarborough's face here is probably quite similar to how Louis XVI looked when he was told that the peasants had besieged the Bastille. Scarborough, Brzezinski and all the other established media talking heads are members of the elite class; they simply cannot be objective and rational when discussing how to deal with income inequality.
Props to scott galloway for speaking out.
He's been saying much the same thing for years.
Rutger Bregman is my hero. He told it to the billionaires at Davos and to Tucker at FOX News. Who didn't air the episode, because he got called Tucker out on how he made his money and Tucker started cursing and yelling. That was just awesome. Absolute king Rutger Bregman. You should watch it. Tucker never got slapped that hard before.
I mean he definitely has a few good insights at times but he is a freaking shameless Zionist.
But as Sam says, you know things are bad when even a guy like him is speaking out.
@@Joey-ct8bm A few years back, I remember viewing a few interviews or discussions with him. Made an impression on me at the time.
Here's a little more about him: "Rutger Bregman (1988) is a Dutch historian and best selling author. His books Humankind (2020) and Utopia for Realists (2017) were both Sunday Times and New York Times best sellers."
CEO to worker pay ratio 🇺🇸:
1965 : 20.4
1975 : 26.6
1985 : 50.5
1995 : 118.8
2005 : 318.4
2012 : 371.7
2021 : 389
His name is Scott Galloway. and he's been awesome for years.
He's a Zionist. This does not make what he said here untrue, but let focus on the rhetoric, not the guy.
His podcast The Prof G Pod is great
unfortunately he's very pro-Israel
He's been pretty awful on Israel/Palestine, unfortunately
@@a.a9021 yeah he doesn't support terrorism. Go be a queer for Palestine and see what they do to you
My husband was financial executive, now passed. He, many times, said the same thing as Scott Galloway.
I'm sorry for your loss. Sounds like you had a decent guy.
But I’ll bet your husband never turned down his executive pay.
@@seanm3226 The problem is the system, not individual people.
Sorry he's gone. People like that are so important to a better future.
Ur husband partook in the system.
You guys are usually in the know, Scott Galloway has been banging this drum and speaking out about inequaity for years. His Ted Talk went megaviral
The Beatles wrote "Tax Man" in protest of having to pay 90% taxes on their record sales. Paul McCartney was still able to afford a Rolls-Royce with that 10%. MOST Americans don't have a net worth comparable to the original price of that car, without even adjusting for inflation.
they didn't pay 90% on all their earnings just on the amount above a threshold of say 10 million pounds .. just like our tax rates are progressive with earnings ..
Not a great example. They weren’t exploiting anyone. They were some of the most creative people in history making money on selling their own music. This is after already receiving low royalties because of a relatively bad record deal. They were justified in not wanting to pay a 95% super tax. The problem we have is super wealthy not even paying 40% in their income and basically existing in a world where their real net worth skyrockets and then they borrow against it for whatever they want and never end up paying real taxes on their wealth.
@@Guitarman6689 Buddy, they had all that financial pressure without exploiting anyone and COULD STILL AFFORD RIDICULOUSLY EXPENSIVE LUXURY CARS. My entire point is that even when HONEST people who don't exploit anyone make enough money for the government to take 95% of it, those people can STILL afford luxuries with pricetags that would be life-changing for the average working man. If even the most honest, hardworking, and decent people among the wealthy can afford such luxuries AFTER the government takes a lion's share, then the ultrawealthy REALLY have no excuse.
They only paid a 90% tax rate on income above a certain amount, I'm sure several million dollars a year. They would have paid lower rates on the rest of their income. That's why they're called marginal tax rates. We desperately need them back.
True wealth is a collective outcome absconded. So, centuries of blood and bullshit. ...Welcome to the Pyramids.
galloway is a good guy , he’s really pushing the message about the wealth disparity
Joe's face was hilarious.
And infuriatingly stupid
all puckered and screwed up
Joe's face has always been funny.
Have called him gumby on initiated look at him.
When you give a billionaire $10, he puts it in his pocket and forgets he has it.
Same with $100, $1000, $10,000, etc.
The money never ends up back in the economy.
If they drop $100 it's not even worth picking up, since they have made more money in the time it would of taken them to pick it up.
@@JetBlastoff-y6hYes, exactly. The wealthy do not need more money. The US tax policy is killing the economy because it takes a large percentage from people who need it, while taking a much smaller percentage from those who do not need it.
I feel like Galloway won't be showing up on JRE any time soon.
Im sure Bezos is lobbying an episode. Cant be left behind Musk and Zuckerberg
He was on Theo Vons pod not long ago
I mean he's a Zionist and basically right-winger so maybe but Scott Galloway does have some awareness and appreciation of the plight of normal people at least.
No but at this point I guess bezos is going on next 😂
@@scythermantis I only know about his thoughts on income inequality. What makes him a right-winger?
Galloway is right about these mini-rebellions. The first one was Occupy Wall Street.
Which a lot of the media mocked. A decade and a half later, Luigi pops up and delivers his version of justice. This time, instead of mockery, you get pearl clutching.
@@dbadbtThey mock every sincere movement. Thats their role.
Which had a lot of children of the CEOs involved. They saw the hypocrisy of the ruling class.
There will be follow-ups
We need a wealth cap!
It’s called taxes.
@ sure, but I mean a tax bracket at 100%
isn't that the big pointy one with the 'D' on the front?
The American Oligarks are setting up the economy with conditions that eventually lead to the great depression.
It’s how they get richer
Oligarchs are setting up conditions that lead to a Revolution.
Not to mention WW3.
The Great Depression nearly triggered a second revolution. Maybe this time we’ll get it right.
Imagine what would happen to the economy when 330 million Americans suddenly get spending money
Even just taking overseas tax evasion into account, having that money back in the U.S. in circulation...It would be the greatest economic boom since the New Deal. And all it would take is a few slain dragons.
Inflation
@@1848revolt😂
Yeah but that's a lot of money that we wealthy don't think they deserve. It should be ours and it will be.
Losers. 😂
@1848revolt gotta take money out of the economy by taxing the rich, which would keep inflation down because there would be less supply of dollars
Please get Scott Galloway on the Pod. He’s a freaking G!
He would be fun
Rutger Bregman is my hero. He told it to the billionaires at Davos and to Tucker at FOX News. Who didn't air the episode, because he got called Tucker out on how he made his money and Tucker started cursing and yelling. That was just awesome. Rutger recorded it though and put it on the internet. After that Tucker apologized for cursing, but not to Rutger. Absolute King G Rutger Bregman. Saying it at Davos is like stepping into the ring with Mike Tyson in his prime.
A billionaire isn't going to buy 1,000 Frigidaire washers and dryers, creating all the jobs associated with it. He is going to invest in the stock market, driving up the price of stocks as we see daily.
Take half that money and return it to the economy in the form of higher salaries and better social programs and that money will buy washers, dryers, refrigerators, automobiles, clothing, food, you name it and above all it will create demand that means jobs.
Yeah, I've always argued that a million dollar boat brings in less positives to the economy than a million one dollar kids toy boats
They accidentally let Scott on air to tell the truth. Their gob got smacked.
“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it. Life, liberty, and property do not exist because men have made laws.” - Frederic Bastiat
Just pointing out that Scott Galloway looks healthy and emotionally stable. You know, just in case...
I'm genuinely surprised they did not cut his mic halfway through that moment of honesty, that was too real for corpomedia
They knew what they were getting. He's not saying anything he hasn't said before
Did anyone not read about the French revolution?
EXACTLY. I've been saying this for years.
That's exactly what the US needs. "Liberté, égalité, fraternité ou la mort". "liberty, equality, brotherhood or death" The slogan of the French revolution and motto the French flag. The French flag left the death part out though.
They will be living it in three years
I think the billionaire oligarchy are saying “let them eat cake” and we’re pretty fed up.
The New deal passed because of things like Blair Mountain and the Haymarket Affair. It wasn't just people sitting around crying with signs
Yep. It was actual street battles
Americans these days are too weak to stand for what's right. They'll sit on their ass until everything burns down.
We need more Scott Galloway!!!
OMG- so much truth from Galloway says MSNBC or other legacy media millionaires.
We really don’t. He’s another business mindset hack who has benefitted from the policies he now claims to abhor
Rutger Bregman is my hero. He told it to the billionaires at Davos and to Tucker at FOX News. Who didn't air the episode because he got called Tucker out on how he made his money and Tucker started cursing and yelling. That was just awesome. You should watch it. Tucker never got slapped that hard before.
Love the message but don't fall in love with the messenger. Not too long ago folks were loving Chamath Palihapitiya for saying reckless banks shouldn't get bailed out, then he turned around to shill crypto and meme stocks. Not saying Scott is a grifter, but I'm sure if he truly believes what he's saying he'd agree that the powerful don't need your benefit of the doubt.
Galloway has echoed Zionist talking points. While we can agree with him on his domestic economic policy, he can't seem to look at Israel and Palestine with the same lens.
He ain't wrong.
1% of the population hold 40% of the wealth in the US.
no it's 20% .. the next 9% holds 60% ....
It's time we take it back
That is one of the most eloquent approaches I have ever heard to income inequality. No one can argue that without mental gymnastics that would make Simone Biles blush.
I now call him "Morning Joke"
My favorite Mornin' Joe, EVER.
Scott Galloway consistently nails it.
An economy that depends on consumer spending, has to have consumer who can spend more than the basics.
You can't tax the rich into returning some of our money. In the final chapter of his book, "Poverty, by America," Matthew Desmond makes the point that, instead of talking about wealth redistribution or Marxism (Heaven forbid!), the rich just need to pay the taxes they currently owe. That would resolve many problems. But they won't do it. So we have to do what we have to do.
Every extra dollar given to someone who has more wealth than they can spend destroys the multiplier effect.
The multiplier effect.
From what I learned in my macro economics class in college, the multiplier effect is ESSENTIAL for a healthy economy for the vast majority of people. That is what keeps the economy going.
They dont want a fair economy they want everything to themselves
During the election cycle I heard an absolutely chilling statement by some businesses guy on CNBC regarding tRump and authoritarianism, when questioned this guy actually said, “we don’t need democracy to make money”. Unbelievable!
That is true. Slavery did make money for the slaveowners.
That republican side of Joe popped out lol
He should be the president.
A Democracy can NOT sustain sn Oligarchy.
Then we will do away with democracy.
Scott Galloway said that message of inequality on Real Time with Bill Maher years ago. That would've been helpful during the 2024 campaign, but Scott was promoting his book about masculinity last year.
Warren Buffet has been saying the same thing for decades.
If people inherit wealth, say over $50M, they should have the option of: 1) 99% tax over that amount, 2) taking it all, BUT they can not donate to politicians or run for office AND they can ONLY invest in a business THEY own and operate, NOT any other business.
i would say if you make that much money it their responsibility to make sure their carbon foot print is low and reduce the amount of resources that consume.
Nah. Option 2 is still dog shit.
Being poor will make you crazy, crazy people create choas.
Truth speaker. Prob never see him again….
He's been saying this stuff. He was blackballed for a long time from MSNBC
He's been on Morning Joe several times conveying similar messages. He hosts a couple of fairly popular podcasts. He gave a Ted Talk last year that has about 7 million views on youtube. He was portrayed in the Apple+ TV series WeCrashed. He has written several books, some of them bestsellers. He's not some sort of obscure person with no media presence, and he has been very consistent and very vocal about income inequality for years now. It may well be that you, specifically, will never see him again but I'm pretty sure that those who are interested in seeing him again will have no trouble doing so.
Oops, the casting director f’ed up @MSNBC. Hear pin drop…thanks Scott Galloway.
um....really? America is in for two years of full on grift and complete incompetence at the federal level.
Where you getting 2 years from?
It's permanent, bro.
Regarding tax rate - play the whole clip from Scott Galloway, he talks about that! How little the super rich pay in % of taxes versus the middle class/poor working class
This program has gotten so better than Breaking Points with Krystal and insufferable Saagar
Saager really has become insufferable ever sense he left The Hill
@AlsadsajsAlsadsajs-vl7th I thought he and Krystal Ball were both insufferable....him way worse of course. She's now 2nd fiddle to Kyle Kulinski.
Exactly .
Scott Galloway has BEEN on this for a while. He’s the man. He should run for office. He’s been an exceptional voice for left wing politics.
I had ads for Scott a few years back, and he seemed like a "finance bro" or of that ilk. Maybe he is, but he can see reality and is human. A high bar nowadays.
It just shows that what billionaires are doing is actually against their best interest "long" term.
Tax the billionaires already!
We gave the keys to the treasury to a bunch of money addicts.
People need to understand we should use the economy as an avenue to improve everyone's lives.
Good forbid we help other people!! What happened to everyone?
Just want to say blackrock does traditional investing...
Blackstone buys residential homes to rent for profit... Two different companies two different mentalities.
Did you see Scarborough's face? Hew looked like he was about to blow a gasket! 😂
He was wrong about one point. This isn't the first time. It's the second. It's been going on for 30 years now; Gen X is, once again, forgotten.
I seriously thought he was standing in a mausoleum for a minute.
Right on bro - well said dude!!!
Throughout history there have been many revolutions/turning points nearly always based on income inequality underlying the problem.
Notice how many US billionaires immigrated to the US. The US does a lot more than other countries to protect billionaires and their interests than common citizens. Add to that the US militarized police force and surveillance. There’s a reason Luigi was arrested so quickly while ordinary people become cold cases.
I can't remember when I first listened to Scott Galloway, but I was always impressed with what he had to say.
His Full description is Excellent 👌
Robber Barons are the worst.
He did speak absolutely the truth. Hopelessness breads anti business and government actions.
"breeds"
What? A literal limit to sustainable greed???
You would think these tech bros would understand good game design. You can’t have the 1% so far ahead in the power scaling or it destroys the multiplayer community
Why can’t the rich just share? Aren’t we taught that as kids?
The rich teach their children to steal because they are better than everyone else.
Speaking the truth enough is enough
Capital gains taxes should be at least double the current laughable 15%. Investment income being taxed at a much lower rate than wages is open class warfare. That would be a good quick and easy start. Bush dropped them to that because it would "increase investment", which is basically a non-sequitur since the tax only applies to investments that made money.
"I'm not going to invest in anything because the capital gains tax rate is too high. I'll just not invest in anything and let inflation steadily eat away at my money!"
~said no one ever
*edit* I should have clarified this should apply only to gains past a certain number. Let's say $5 million, so it doesn't burn retirees, normal people selling homes, small business owners etc.
That would hurt the middle class more than the wealthy, since it also applies to retirement portfolios and home sales. They need to specifically target the borrowing against assets loophole that they use.
Clown comment 30% is insane
Scott Galloway is no stranger to Morning Joe & MSNBC. I love listening to him speak.
Joe couldn’t believe what he was hearing
I have never been able to figure why the poor have not revolted by now!
The billionaires are smart. They get the idiots to focus on trans water polo players while the rich rob them blind.
Edward Bernays’s book “Propaganda” explains why, actually
what do you suggest ??
Bread and circuses. Revolution is dangerous even if your side wins, so even if your life isn't the greatest, as long as it's decently comfortable most people won't take the risk. The reason things are starting to get heated now is because 'decently comfortable' is slipping out of reach for even the relatively well-off members of the working class.
Steinbeck quote
Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.
"I am going to go buy an island, we can go there on my 500 million dollar yacht".
What Uber wealth has bought with its tax cuts is tax policies and regulatory frameworks: politicians and government.
Scott Galloway has been talking about this for a while , mind you he is worth $100 million himself
If we drilled for oil the way we do taxes, we would only drill in the places where there was barely any oil and completely avoid all the large oil deposits and then we would wonder why we had an oil deficit. It's not fair to punish the oil rich lands for their success.
They are not successful. They are taking more than their share. They are not paying their fair share of taxes.
Well that's never going to happen. The politicians and law makers serve the interests of the billionaires and millionaires i.e., the top 1%. There is no way they are going to implement a law that will harm their donor class, the donors just will not allow it. So you can forget about taxing rich people more, the rich know how to protect their interests and wealth.
Sure, but can they protect *themselves*? The cast of Mario will answer that soon enough!
it's the top 10% ... they have 80% of the wealth ...
They don't have to protect themselves. The police will protect the billionaires, CEOs and punish anyone who goes after them. Just ask Luigi Mangioni who will fester away in jail for the next 100 years.
Do they really not know who Scott Galloway is? He's pretty well-known
yes where have they been ?? in what bubble do they bathe in ?
Warren Buffet just said that “the people” can’t take this till 2025.
Galloway has barely gotten started in that clip you played. His entire "rant" is worth watching and re-watching
Mr.Joe in the morning doesn't look happy, eehhh why did we invite this guy?
I am familiar with Scott's work and life philosophy . Seeing him issue that diatribe was so satisfying to my soul.
5:00 money is like manure, works best when spread around the field.
Ive been saying that for more than a decade. Thanks for catching up Galloway.
God, what a great statement! How the hell did he get on the corporate media?!?!
He was on Morning Joe before and knocked it out of the park.
Wow I did not expect that
Right on comrade!
As an early econo professor said to our class “Taxes function as anti-guillotine insurance for the rich”
Am I the only person who notices scarborough throwing up in his mouth?
Rich guys in the past had a better less anxiety filled rich experience than those today. It’s an easier ride when everyone else isn’t targeting you 😂 What’s wild is, knowing all
of this you all still poo poo reparations. Talk about money going back into the economy! But even that show guest likely draws the line there
Progressive taxing began under FDR during the Depression. Each subsequent President since has chipped away at the rates until we ended up where we are here in 2025.
If taxes were used for the advancement of humanity - education, healthcare (physical AND mental), infrastructure, end of hunger, rainy day savings, savings and distribution for the elderly, et al - people could still become "wealthy", but the definition of that would no longer be based on have and have not. The definition of wealth would then be based on stability and longevity, and EVERYONE that wanted to participate could then be "wealthy".
Joe is thinking 💭" am i next?" 😂😂😂😂
Business schools used to use the book richest man in Babylon to show that it is unsustainable to have so much money in the hands of so few people. I guess they must have stopped that requirement to read the book "Richest Man in Babylon"
He speaks the truth!
He's right too... #1 problem hurting all Americans that aren't billionaires.
Surprised Joe Scarborough didn't interrupt this guy and start uelling at this guy like scarborough yells at the people who used tobe his viewers!!!
You guys have been on fire lately! Fast and funny and informative
It’s helpful these dark days
First, that was a beautiful rant and Sam,Thank you for not being click bait.
Joe's not listening.
Let her talk.