Science & Technology
Do You Agree With Scott Galloway? Watch His Full TED Talk To Hear His Case @TED #tedtalk #shorts
Serial entrepreneur Scott Galloway helms the popular Prof G Pod and Pivot, podcasts brimming with insights on the latest business trends, as well as the No Mercy / No Malice newsletter. He is a professor at NYU’s Stern School of Business, has served on the boards of brands including The New York Times Company and…
@djimiwreybigsby5263
May 15, 2024 at 12:08 pm
Too bad his message isn’t reaching our legislators; American government is now a full on criminal enterprise
@gezusmofo
May 15, 2024 at 12:15 pm
I think the meaning of that last part isn’t clear and can mislead people.
When you say that bailing out the “baby boomer owner of a restaurant” is bad, what is meant is bailing out the owner of say a chain of restaurants, who perhaps doesn’t work or even if they do makes infinitely more money just by owning things, bailing them out just on the financial side while neglecting staff and small business owners that do have to work for a living and make most if not all of their money through labor rather than just owning things.
As it stands, it sounds like singling out people based on their generation, like let the baby boomer who runs a restaurant drown to let someone younger open theirs. That’s a very counterproductive and divisive message, I don’t think this is how it’s meant but this is how it can come off.
@pipik7457
May 15, 2024 at 1:33 pm
Rewatch it pls
@xensonar9652
May 15, 2024 at 5:30 pm
He means let them fail instead of bailing them out. Let new ones rise. Natural selection.
@sy4z117
May 15, 2024 at 7:39 pm
@@pipik7457 heeeyyy! Long time no see Sandro
@starspaceschool587
May 16, 2024 at 11:26 am
If there wasn’t a lockdown then there wasn’t a need to bail out a business forced to close. The answer to a government caused problem is less government not more
@Wooster77
May 15, 2024 at 12:45 pm
You could pledge to donate any of your unfairly gained wealth to charity or gift it to the irs. Will you, that’s what I thought.
@pizza87760
May 15, 2024 at 11:41 pm
That would only work if ALL wealthy boomers joined in. A single donation won’t move the pendulum an inch.
@brambledemon1232
May 15, 2024 at 1:32 pm
It doesn’t matter whether he’s right. The Boomers have the vote.
@user-wr3jh7ov3h
May 15, 2024 at 2:22 pm
This. Ideally, you shouldn’t really get to vote once you hit retirement age. When you’re 70, 80 or 90, you shouldn’t have a say on how the economy of the future will be ran. You’re not part of that future.
@JRGUSC
May 15, 2024 at 4:07 pm
@@user-wr3jh7ov3hWhile on the surface I would most certainly agree with you, that goes back to the same basics of marginalizing people who have a voice. Our Founders specifically wanted ALL Americans to have the ability to vote for representation. By omitting people you and I think are causing functional problems in our society, we are directly going against the very ideology that founded this country. A democratic republic is a very messy thing. As the saying goes: “We have the worst form of government, except for everyone else.”.
@user-wr3jh7ov3h
May 15, 2024 at 4:12 pm
@@JRGUSC I doubt the founding fathers wrote the constitution with the idea that demographics would invert and 70+ year olds would hold all the power. Besides, they also probably didn’t expect anything they wrote to hold 400 years, and they even gave room for alterations through amendements because they knew not everything would hold over centuries to come.
@ELDTAdventures-tp9jy
May 16, 2024 at 11:42 am
@@user-wr3jh7ov3h if you are lucky to live that long, you will find old age happens in a blink of an eye . . .
@ELDTAdventures-tp9jy
May 16, 2024 at 11:44 am
They exercise their right to vote. Take notes, my friend . . .
@luke-space
May 15, 2024 at 2:03 pm
How to tell me you’re rich without telling me you’re rich
@eltullis
May 15, 2024 at 2:14 pm
Speculation of the stock not based on profit should be illegal. Ban 🦄
@sonyavincent7450
May 15, 2024 at 3:33 pm
Gosh. He’s so intense and important. I feel compelled ro listen.
@sdcragg
May 15, 2024 at 6:51 pm
Yes. He’s talking facts. It’s not possible not to agree with facts
@Plasmabro
May 15, 2024 at 8:31 pm
He’s correct up until to the end. The solution isnt new ownership, it’s abolishing the current system of ownership altogether or else the new owners will simply gain the power overtime to re-create the legislative conditions leading to the current bailouts. This is a natural product of the system.
@starspaceschool587
May 16, 2024 at 11:27 am
The systems without private property have all been significantly worse
@Plasmabro
May 16, 2024 at 2:17 pm
@@starspaceschool587 there hasn’t been one on a large scale. What I assume you’re referring to has the exact same problem I mentioned here: they just created new owners in the state.
@starspaceschool587
May 16, 2024 at 3:13 pm
@@Plasmabro Thats called state of nature, we swapped to civilized society almost immediately.
@TheFifthHorseman_
May 16, 2024 at 7:13 pm
@@PlasmabroAh yes, “true communism has never been tried”. It’s unimplementable. The reason ot always failed is that humans are not a hive mind and will abuse the system to get ahead of others.
@thatcanada
May 15, 2024 at 10:18 pm
I agree with him on a great many things, but he is wrong about the economics of not letting the economy implode while fighting a pandemic.
@adisage
May 16, 2024 at 5:31 am
I’d like to hear a case for what you’re saying
@MrGamerCaptain
May 16, 2024 at 8:47 am
yea. i feel like many of the young generation know this, if not at least feel the lack of opportunities. It makes it hard ot want to continue effort and life
@loveulez
May 16, 2024 at 9:44 am
It’s a casino the rich always win. They get richer and buy assets. Assets go ip in value, wages at best stagnate. System destroys all.
@starspaceschool587
May 16, 2024 at 11:25 am
I agree with his problem statement. I disagree with his solution. He proposed more taxes and more spending. The exact thing that caused the problem he’s talking about.
@ELDTAdventures-tp9jy
May 16, 2024 at 11:39 am
Inflation, a byproduct of the current extreme government spending, is the fairest tax, said Ben Franklin. Fair or not, we are all burned by inflation, no matter your generation. Galloway is currently promoting unabashed Socialism, the greatest destroyer of wealth in human history.
@xrunner55
May 16, 2024 at 12:02 pm
I agree with the diagnostic but not the solution.
@gavdaswav
May 16, 2024 at 12:36 pm
He is 100% correct
@thomassloan1997
May 16, 2024 at 2:27 pm
Most of that money went directly to corporations. Not to people. 100s of billions almost a trillion and only like 5% went to regular people. Disgusting.
@kty3727
May 19, 2024 at 6:56 am
The increases in stock values of those corporations in turn disproportionately benefit boomers
@BTrain-is8ch
May 20, 2024 at 8:31 am
You’re missing the point. The existence of the money in the first place is the problem not where it went. As he said, disruption is part of the cycle.
@S888A-KenObi
May 16, 2024 at 6:37 pm
Oligarchi-klepto-corporatocracy gift wrapped in toilet paper thin outer shell of a “Democratic Republic” and a bow of mutant capitalism on top. “WE LIVE IN THE GREATEST COUNTRY ON EARTH” 🙄
@khetto1
May 17, 2024 at 8:30 pm
Where is better then?
@S888A-KenObi
May 18, 2024 at 4:57 pm
@@khetto1 more like when. It’ll get worse before it gets better. It must fail first.
@khetto1
May 18, 2024 at 5:41 pm
@@S888A-KenObi lol so what is your desired end state? What type of government would be put in place? Or lack of government if that’s what you’re getting at.
@khetto1
May 20, 2024 at 4:56 pm
@@S888A-KenObi so just complaining for change without any idea whether change is worse. Got it. You should travel a bit and see why we can still be considered great even with our flaws.
@MrPimpgoldy
May 16, 2024 at 8:57 pm
Definitely He needs hair transplant as soon as possible
@danetastic1
May 17, 2024 at 5:29 pm
Makes me want to move away from pre-tax retirement and just pay up now. Paying taxes at future rates seems risky given all the debt we’ll have to pay back.
@danhutson8990
May 19, 2024 at 3:46 pm
Spoken like a true politician.
Who has to pay for my wealth? Future generations…
Ok Bernie, thanks for the pep talk
@JayCeeKay
May 20, 2024 at 9:12 am
Cannot help but agree and its not just the US its global. It does make you question why there are so many corporate tax dodgers – we know it, they know it, yet those down the chain get hammered and blocked unless you are extremely lucky. Also a certain amount of arrogance and isn’t it easy to spout a sicial conscience when you are well set up and can boast about profiteering on a pandemic? How much are these people willing to give up of their abundance in order to put things right? Do -(ACT) instead of telling us what we know and experience daily? What difference would it make if they all gave up 5% and started paying taxes as we do? I hear it said “we worked hard for it” tell that to mothers and fathers holding down two and three jobs just to feed their children and clearly these locusts scooped up from covid without lifting a finger!