Politics
Trump Far Right and Far Left Unite on Socialism Through AI Bailouts
Raging Moderates
American Pride CRUMBLES as the Country Turns 250 Under Trump
What was said
"Whenever you have the far left and the far right agreeing on anything, you know, it's a really bad fucking idea. They both come together on antisemitism, bad idea. They both come together being anti-vaccine, bad idea. They both come together on socialism. The far right believes it makes sense to take, make an investment in Intel. That's socialism."
Scott Galloway argues that Trump's proposals for government equity stakes in AI companies represent socialism embraced by the far right, similar to investments in Intel and US Steel. He warns this represents cronyism where gains are privatized but losses are socialized through taxpayer bailouts. Galloway predicts this will become a massive debt-fueled burden on future generations.
Verification status
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- Programme
- Raging Moderates
- Episode
- American Pride CRUMBLES as the Country Turns 250 Under Trump
- Clip time
- 34:51
- Original source
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Raging Moderates