Scott Galloway

There'd just be some damage.

And one of his key insights, I thought, was smaller intervention early on, almost like preventive medicine.

And I thought that was really, really interesting.

Your thoughts?

I think the purpose of an economy is to create a middle class.

That's the whole point.

And in order to have a robust middle class, you have to have incentives for people to work hard, take risks, make sacrifices, innovate.

And one of the ways you create incentives is by having exceptionally wealthy people and billionaires.

And there's nothing wrong with that.

The question is at some point when those billionaires garner so much political power and can engage in regulatory capture where they garner 10, 20, 30, 50% of all wealth now controlled by 26 families,

There's just no doubt about it.

It's not a growth agenda.

It's a transfer of wealth from lower middle-income homes to the top 0.1%.

And that erodes the middle class.

It erodes faith in America.

And for the first time in the history of America, a 30-year-old isn't doing as well as his or her parents were at 30, which to me means America isn't working.

And what's so disappointing about that is if you said that we're true in Europe, the politicians could blame it on a lack of growth

over-regulation, a lack of technology investments, a lack of entrepreneurial risk-taking, the rise of China.

We have no excuse in the United States.

Prosperity is here in terms of wealth creation.