Success Story with Scott D. Clary

Lessons - Why Woke Capitalism Is a $21 Billion Scam | Vivek Ramaswamy - Biotech Billionaire & Author

Oct 18, 2025
Vivek Ramaswamy, a biotech billionaire and author known for his critiques of 'woke' culture, dives deep into the transformation of wokeness from social awareness to a corporate tool post-2008. He highlights how this shift led to a $21 billion 'woke industrial complex' that undermines freedom. Vivek discusses the dangers of corporate virtue signaling, citing examples from major companies like Goldman Sachs and Nike, and asserts that this trend erodes American solidarity by eliminating neutral spaces for citizens to unite.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

Wokeness Became The New System

  • Wokeness shifted from challenging power to becoming a new system aligned with corporate interests.
  • After 2008, corporations adopted woke values to regain legitimacy while preserving their power.
ANECDOTE

Arranged Marriage Of Banks And Woke Millennials

  • Vivek describes an "arranged marriage" between big banks and woke millennials after 2008 that birthed woke capitalism.
  • He calls the relationship mutual prostitution where each side secretly scorns the other while benefiting.
INSIGHT

The Woke Industrial Complex

  • The alliance formed a hybrid "woke industrial complex" combining corporate and governmental power.
  • This hybrid wields more threat to liberty than big government or big business alone, Ramaswamy argues.
Get the Snipd Podcast app to discover more snips from this episode
Get the app