Scott Galloway
๐ค SpeakerAppearances Over Time
Podcast Appearances
You know, did it work?
It was a catastrophe.
And then obviously, you know, after that, you don't need me to tell you, obviously, Brexit, you know, I don't think you'll find many economists who think that that was
wise or at least a wisely implemented economic policy.
But you know what is happening now in the UK is happening all around the world.
I did a video a couple of weeks ago which looked at the share of seats in parliament going to the main two political parties.
So you will be aware that across the world we have had for a long time essentially two-party politics with a big centre-left party and a big centre-right party.
And since 2008, the financial crisis, that has basically ended.
And you can look all across Europe and you see these parties used to take something like 80 or 90% of the seats, depending on what country you look in.
And now they're down to 30 or 40 or 50% of the seats.
And in many cases, it's not even the same two parties because they've collapsed.
And what that is, essentially...
is the Western world, across the Western world, and it's definitely happening in the US, it's the Western world that has seen living standards consistently fall since 2008 and has not been given a solution by any major political party, which is turning in on itself and saying, well, what the fuck do we do?
What the fuck do we do?
And every country is trying to figure out how to stop living standards from falling.
You know, and the UK settled on Brexit, which was, to be quite honest, a shit answer.
You know, the US is looking at Trump.
That's not going to work either.
You know, I'm out here making a pitch.
I think unless you stop aggressive increasing inequality, you are going to see living standards collapse everywhere.