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The Ben Shapiro Show

Ep. 2431 - Billionaires Aren't The Problem

21 May 2026

Transcription

Chapter 1: What is the main topic discussed in this episode?

0.031 - 11.142 Unknown

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11.162 - 25.235 Jeff Bezos

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25.575 - 28.198 Unknown

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28.418 - 29.599 Jeff Bezos

ZipRecruiter.

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30.254 - 47.96 Ben Shapiro

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47.98 - 66.51 Ben Shapiro

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66.611 - 82.239 Ben Shapiro

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82.5 - 101.758 Ben Shapiro

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102.119 - 120.1 Ben Shapiro

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Chapter 2: What controversial views does the host express about free markets?

623.406 - 638.584 Ben Shapiro

The question is why even the poor people in the United States are, by any historical marker, very, very rich. That is the real question. Okay, so of course, Bezos is getting ripped up. The idea is that Bezos somehow doesn't pay taxes. That, of course, is silly. He pays a lot of money in taxes.

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641.686 - 670.41 Jeff Bezos

These people sometimes say that I don't pay taxes. That's not true. I pay billions of dollars in taxes. And again, if people want me to pay more billions, then let's have that debate. But don't pretend that that's going to solve the problem. You could double the taxes I pay, and it's not going to help that teacher in Queens. I promise you. So you can't connect those two things. Not logically.

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670.39 - 692.771 Jeff Bezos

You know, there are more examples. Why is rent expensive? Why is rent so expensive? I recently saw somebody blamed it on Airbnb. Okay, Airbnb is not the cause of expensive rent. In fact, it's been almost, let me finish here, one sec. It's already been outlawed in New York City and rents are still very high. So we know Airbnb isn't causing high rents.

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693.272 - 696.735 Jeff Bezos

What's really causing high rent is government intervention.

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698.167 - 715.178 Ben Shapiro

Okay, that's the point. That's the point, is government intervention is causing the unaffordability problem. It is not free markets that cause things to be less affordable. Free markets, they make things. All things that the free market engages in become cheaper and better over time because of competition. That is a reality.

715.359 - 734.872 Ben Shapiro

And companies that engage in those businesses ends up contributing more to society than charity. And one of the big lies that's told is that if Jeff Bezos gives a billion dollars to charity, that is somehow better than what Amazon does. That is not true. It is not true. Amazon employs 1.5 million people. Here's Bezos talking about the realities of business.

736.915 - 755.815 Jeff Bezos

If I do my job right. Right. The value to society and civilization from my for-profit companies will be much, much larger than the good that I do with my charitable giving.

758.039 - 776.048 Ben Shapiro

OK, again, he is right about that. And Bezos points out very obviously the economy is also not a fixed pie. The basic premise of all socialist economics is that the economy is a fixed pie. You have basically a certain number of dollars that are made every year and they need to be divided somehow. And the government should decide the fairest distribution of those dollars. That is not true.

776.789 - 784.502 Ben Shapiro

As he points out, when you have economic growth, when you have productivity increases, when you have innovation, the economy gets bigger over time.

Chapter 3: How does Jeff Bezos defend billionaires and capitalism?

1351.981 - 1369.821 Ben Shapiro

God, she's an idiot. She's an author. She's a moron. First of all, who do you think provides all the investment capital that gets companies started? Who do you think actually is investing in all of these startups that generate the employment? Is Jeff Bezos the bad guy? Amazon directly employs 1.6 million people globally.

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1370.682 - 1391.378 Ben Shapiro

People who are using Amazon as a way of selling product, that's another 2 million jobs. Elon Musk, the big baddie here, his global workforce is 150,000 people. Mark Zuckerberg's Facebook, his meta, has 70,000 employees. And the notion that you kill private property and modern finance and somehow the economy gets better is absolute stupidity.

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1391.858 - 1411.864 Ben Shapiro

But it is part and parcel of a lie that is being sold to you that if only you hand more power to centralized government, if you hand more power to Bernie Sanders or you hand more power to Tucker Carlson or if you hand more power to people who want control over the economy, they'll bring you back to some placid agrarian past in which you can fish in the evening times and write poetry in the morning.

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1412.283 - 1432.056 Ben Shapiro

It's just trash. It's stupid. All right, coming up, Bernie Sanders rips into Jeff Bezos and also self-driving cars, plus the United States targeting Raul Castro and much more first. Now, time really starts to move quickly when you become a parent. Like, it moves really, really fast. My three-year-old just became three. I mean, it feels like just yesterday, he was born with another one coming.

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1432.417 - 1446.907 Ben Shapiro

And as time moves faster, you start thinking about darker things like mortality, but this is why financial planning actually matters. Not because anybody enjoys thinking about insurance, but because once you have people who depend on you, creating a real safety net becomes part of the job. This is why platforms like PolicyGenius exist.

1447.248 - 1458.086 Ben Shapiro

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1458.427 - 1472.85 Ben Shapiro

Their licensed team helps people compare policies clearly, understand coverage amounts and pricing, handle paperwork, and find coverage that actually fits their family's needs and long-term goals. And honestly... Clarity matters with financial planning. Most people are not looking to become insurance experts. They just want confidence.

1472.87 - 1488.313 Ben Shapiro

Their family would be protected if something unexpected happened. Policy Genius also has thousands of five-star reviews from people who found policies that worked for them without turning the process into a second full-time job. Because as life grows, responsibilities grow with it. Protect your family with a policy that grows with your life.

1488.593 - 1507.26 Ben Shapiro

With Policy Genius, you can see if you can find 20-year life insurance policies starting at just $276 a year for a million dollars in coverage. Head on over to policygenius.com slash Shapiro to compare life insurance quotes from top companies, see how much you could save. That's policygenius.com. slash Shapiro. Also, online shopping has created one of the weirdest modern rituals.

Chapter 4: What are the implications of the recent polling on economic fairness?

1633.016 - 1659.522 Jeff Bezos

That's over if Bezos gets his way. So this is a revolution coming, which happens to be the most consequential transformation of society in world history. We are not prepared for it. We are looking at a moment where there are driverless vehicles all over the country. And if we don't figure this one out, we're going to lose millions of decent paying jobs in transportation.

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1661.223 - 1677.508 Ben Shapiro

Okay, again, the Luddite anti-tech nonsense that he is spouting, the idea that all the jobs go away, this is the same crap that was being promoted by literal Luddites back in the 19th century, people who wrecked machines because they were afraid the Industrial Revolution would impoverish the workers and destroy jobs. It turns out it did precisely the opposite.

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1678.189 - 1698.832 Ben Shapiro

If Bernie Sanders had been an adult, he was around when we made the transition from the horse to the horseless carriage, but if he had been an adult then, he would have been railing on behalf of the wheelwrights. This is nonsense. It is nonsense. And this idea that we all as consumers are supposed to pay more money to subsidize industries that are being technologically advanced.

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1699.253 - 1718.327 Ben Shapiro

Or by the way, that tens of thousands of Americans should die every year in car crashes, which could be prevented by automated vehicles. I know there's this big push against automated vehicles right now. Again, it's the left. It's also the woke right. It's an absurdity. Automated vehicles will make sure your parents don't die in a car crash or you. That is what they're going to do.

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1718.367 - 1734.818 Ben Shapiro

They're going to save time and they're going to save money. And that will be a good thing. Think about the tech that you use in your life. Think about the tech that you use every single day. Do you think your parents' life was better off when they couldn't use a computer to do research, when they didn't have connections to the internet?

1735.186 - 1755.231 Ben Shapiro

And what you actually had to do was go down to like a filing cabinet in the New York City Public Library to look up a basic fact and take five hours from your day to do it. It's all ridiculous. But again, this is the push. The push is that markets are bad. Innovation is bad. Tech is bad. And certainly the easiest way to attack innovation and tech, because most people think they're good.

1755.512 - 1765.851 Ben Shapiro

The best way to attack that is to attack the people who get rich off of doing those things. So Bernie, here he was in March, attacking the billionaires who he says are pushing AI to become richer and more powerful.

1767.35 - 1791.278 Jeff Bezos

a technology which in many respects will be able to do anything that a human being can do and do it better. And what people have got to ask themselves is who's pushing this revolution? And the answer is, not surprisingly, the wealthiest people in the world, Mr. Musk, Mr. Bezos, Mr. Ellison, Mr. Zuckerberg. Why are they doing it? You think they're doing it to improve life for working people?

1791.438 - 1794.522 Jeff Bezos

I don't think so. They're doing it to become even richer and more powerful.

Chapter 5: How does government intervention affect economic issues?

2771.007 - 2791.938 Ben Shapiro

Private property and free markets and your capacity to earn, to make your economic life better, that of your kids, that is a good thing. That is a good thing. And people who preach the opposite are happy to make your life worse for their own political and financial gain. Okay, now, look at the Democratic Party. The Democratic Party is steering directly into all of this.

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2791.958 - 2805.161 Ben Shapiro

They are steering more and more into deep and abiding socialism and racism and antisemitism. It really is amazing. So there's a brand new poll out that New York Times-Siena poll. And it shows that voters actually would like the Democrats to move more to the center.

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2806.904 - 2827.8 Ben Shapiro

According to that same poll, in order to win the next presidential election, do you think the Democratic candidate needs to move the party to the left, move the party to the center, or not move it in either direction? In general, 52% say move to the center. On crime, 50% say move to the center. On immigration, 46% say move to the center. On economic issues, 42% say move to the center.

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2827.88 - 2848.823 Ben Shapiro

Only 36% say move further to the left. On trans issues, 38% say move to the center. The only area where Americans think the Democrats should move to the left is on healthcare. And the reason for that is because the government has so heavily regulated and subsidized healthcare that no one knows what the hell is going on and people prefer simplicity to confusion. It really is about that.

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2848.843 - 2860.914 Ben Shapiro

So naturally, what does that mean? Well, it means that Democrats are doing the same routine as the woke right. They are completely captured. Democrats have decided to move left on all these issues by embracing some of the worst people in America as their candidates.

2860.934 - 2875.787 Ben Shapiro

This includes Graham Plattner, the Senate main Democratic candidate, an awful human being, truly an awful person who's being touted as some sort of possible presidential candidate by the Democrats. They cannot disconnect from the heroine of left-wing politics. It's crazy.

2876.898 - 2890.384 Ben Shapiro

This is a clip of Graham Plattner a couple of years ago saying that the murdered Navy SEAL, Chris Kyle, of American Sniper, racked up kills by shooting civilians.

2893.182 - 2914.212 Jeff Bezos

his stories about how many people he was shooting, certainly tracked with the behavior we witnessed and people I knew witness down to gov center, which is it's relatively easy to get high numbers like that if you're if you're a little less discriminating your fire than say a more professional unit would be, I almost felt like there was like a

2914.192 - 2933.095 Jeff Bezos

like a weird practical joke being played on me by the war that like all the, all these years later, I'm like having to like, people are telling me like, Oh, look how great this, this guy is. These guys are amazing heroes, this whole incredible thing, the, the paragon of leadership. And I'm just sitting there like, am I living in like a alternate reality?

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