Tom Bilyeu
👤 SpeakerAppearances Over Time
Podcast Appearances
What they're talking about is getting rid of private property.
So you can't own the property yourself.
You can do something with it if you've got the right approvals and all of that.
But it's not owned by you.
It's owned by the government.
Now, do things get better or worse when the government takes it over?
Worse always and forever because there's no money signal price signal there's no competition and so there's no one forcing you to get better when you only have one department of water and power in your town they're going to be ass when you only have one internet service provider they're going to be ass.
when the government runs something, it's just going to be ass, like by definition.
As a quick reminder, the rate of retirement from the United States government is bottlenecked by how fast we can move files into a mine where the files are stored.
In the age of AI and computers, we still physically move the files into a mine shaft.
Okay, that's real.
I'm not making that up.
So that's what happens when the government runs something.
Democratic socialism is socialism.
Social democracy, which is what I think you're getting at.
He said democratic socialism.
He said democratic socialism, not social democracy.
So social democracy is ultra high tax across everyone.
It's the Nordic model.
Okay, copy.