Bethany McLean

speaker

391 appearances 2 recordings 1 series first heard Jul 2026 last heard 2 Aug

Bethany McLean’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.

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Motley Fool Hidden Gems Investing · Part 2: Your Index Fund Is a Bet on AI — Whether You Know It or Not · 2 Aug 2026 podcast

And while there are understandable reasons for why it happened that way, it still was capitalism for the least well-off and socialism for the most well-off.

And I worry more and more that the most privileged in our society are finding ways to make sure

that they have to be bailed out because if they're not, the whole system collapses.

I also think that this increase in income and wealth inequality is just not a great thing for the structure of our society.

Back in the 1950s, when a similar thing was happening, there was a movement in corporate America to say, let's take less, just to make sure that the system continues to work.

And you don't see anybody doing that today and saying,

Let me take less because I am invested in our American system and I want this to continue to work.

And I understand that the way forces are going means that I can earn a billion or a trillion dollars.

But that's not stable for the country and the society that made all of this possible for me.

You just don't see that kind of of of long term thinking.

And that's what I mean about the the capitalist breaking capitalism or in some of the terrible private equity deals.

We've seen like this hospital deal steward that I mentioned where the private equity firm Cerberus made hundreds of millions of dollars and

hospitals that needy patients depended on ended up bankrupt.

That's just, it's not a great outcome in the micro and it's not a great outcome in the macro because you don't need many examples of that for people to say the system doesn't work for me.

And we don't want people saying that.

We want our country to be stable and I think we want, I think we want, we want our system to be stable.

So I think that's one of the biggest risks that I see.

And I worry a lot about private credit in this respect because I do think that if there are problems in private credit, the government will have to bail it out again.

And I think once again, there will be a reason for doing that.

It might even be a correct reason that the outcome would be worse if the government didn't step in.

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