Chris Anderson

So let me before we go into the other details on it, let me pick up that specific point, because there is

I'm sure that some people watching this, maybe probably older people would say, are you sure it's really this intentional thing as opposed to a consequence of just cultural cycles?

So there's this quote, um, that you will know by, um, Michael Knopf that, you know, hard times create strong men, strong men create good times, good times create weak men, weak men create hard times that there's, there's an argument that we've been through so much prosperity, um,

that baby boomers raised a generation of kids who just grew up too comfortable.

And that is where part of the problem is.

You are powerfully arguing a different case.

Is there any truth to that argument?

I mean, one of the most powerful aspects of the talk, and there are so many powerful aspects, was your juxtaposition of different stats.

So Harvard, this explosive growth in the endowment and, you know, no more students being admitted.

You immediately know when you just put those numbers together that there's something very, very wrong with that picture.

So powerful.

I thought your line about just showing...

You know, minimum wage has just not remotely caught up with the way at which capital is growing.

And I wonder whether one, you know, there's almost like some political ideas that we could push out there that said things like that a society is not operating justly if

The rate, its minimum wage rate is growing slower than the rate at which capital is appreciating.

It shouldn't be linked to inflation or even wages.

It should be linked to the rate at which capital is appreciating in that society.

Otherwise, inequality is absolutely bound to increase.

And I'm curious which others of those have landed, like with Social Security, for example.

I understand why people have pushed back.