Derek Thompson

speaker

564 appearances 2 recordings 1 series first heard Jul 2026 last heard 24 Jul

Derek Thompson’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

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

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The Prof G Pod with Scott Galloway · Inside the Anti-Social Century — with Derek Thompson · 23 Jul 2026 podcast

Well, that speaks of a world where you want incredibly ample research budgets for scientists to discover truths about the cosmos and the human body.

But then you also want private equity, excuse me, not private equity, private enterprise unleashed in a way that allows them to build products off of that set of knowledge.

I think capitalism is good, but I also tend to want higher taxes on the rich than most people who might call themselves a capitalist.

And I want more of that distributed to the low income and especially the children, maybe than most people who call themselves a capitalist because

because I think it's a moral horror that you have millions of children living in poverty in the richest country in the history of the world.

So I think there's lots of ways to balance deep care for the poor with an appreciation for the fact

that many things that are necessary and important, like say houses, are not going to be built exclusively by the federal government.

There's no space in the budget for that.

Look at our deficits, look at our interest rates.

The year is not 1933, the unemployment rate isn't 35%, and we don't have basically a balanced budget.

And so if all of our ideas are simply gonna try to recapitulate, like an FDR approach to the economy of moving everything into the public sector,

that completely misunderstands the macroeconomic and financial realities of 2026 by mistaking them for the very, very different realities of a broken, broken economy in the 1930s where you had all of this lax labor market that could be deployed to, you know, build theaters and bridges.

So I, in some ways,

I am someone who believes in free enterprise and also believes that one of the biggest problems with government today is the lack of urgency around helping the poor.

Look at their business regulations.

It's quite easy to start a business in a lot of those Nordic companies, in a lot of those Nordic countries.

And so from a pure Marxist standpoint, they're doing a very bad job of making it difficult for some free enterprise to get off the ground.

Yeah, this is good.

This is good.

Let me say first, just to put a bit of a bow on the last answer that you gave about capitalism and socialism.

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