Andrew Sullivan
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Podcast Appearances
I do think that the fact that they are that much wealthier than they used to be.
And that people are struggling and also that social media allows gossip and paranoia and conspiracies to have great attraction they might otherwise have been.
But I do think the notion that there is a group of people, we see this in California with this proposed tax on billionaires.
5% tax on billionaires.
The money they do have is so ridiculous.
and so out of proportion to anything any individual could ever possibly spend.
I'm a right-winger.
I've always been a classical economist.
I do think there comes a point at which if a superclass becomes too powerful, a democracy can...
Bring them to heel.
And someone's going to have to do that.
It had to happen in the early 20th century.
It's going to happen now, I think.
The question is whether you do that with the least damage to our capitalist system.
But, you know, we've had people in the past, but have we ever had people with the kind of power of Musk and Thiel really in the middle of the federal government the way they have been?
And when you can't afford your hospital bills and you're reading stories like this.
It's infuriating.
Well, I think you have to move tax rates for the upper middle and top up.
I'm sorry.
I think we're going to have to do that.