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Scott Galloway

πŸ‘€ Speaker
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90528 total appearances
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Appearances Over Time

Podcast Appearances

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

That to me doesn't say that the markets are working as they are intended.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

So I 100% agree with your point.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

I have some other stuff in here that we could get into, but maybe I'll just...

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

pause there and see if you have any reactions.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

One of the greatest features of Americans is their optimism.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

Americans think they're going to be rich.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

It enables them or encourages them to take risks, to move, to quit their jobs, go to where they think their human capital will be better used, do startups.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

It encourages them to make crazy investments.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

As a result, we have one of the most impressive economy in history.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

There's a real upside to that optimism.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

The downside is that everybody believes their lottery ticket is gonna be a winner.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

And you end up with a trillionaire while 40% of American households have medical or dental debt.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

And it just strikes me that we've created this false flag or this false argument that you can't have this type of economic growth while having universal healthcare.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

Sure you can.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

But you have to fund it.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

And this rooting on, I think I can understand rooting on SpaceX.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

I can understand rooting on someone who makes extraordinary wealth.

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

I guess what I would ask is, should that person be taxed at a progressive tax rate?

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

And do we want a world in which so many people are having a difficult time making ends meet?

Prof G Markets
SpaceX IPO Takes Off β€” And Elon Is Now A Trillionaire

And one person who, if they stack dollar bills or $100 bills, gets a third of the way to the moon.