The Prof G Pod with Scott Galloway Conversation with Mathias Döpfner — Protecting Democracy Through Trade
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Sep 14, 2023 Mathias Döpfner, CEO of Axel Springer and author of "The Trade Trap: How to Stop Doing Business with Dictators," dives into critical discussions around the current geopolitical landscape and the challenges posed by corporate power on democracy. He argues for new trade practices emphasizing human rights and critiques media partisanship while reflecting on the implications of authoritarian regimes. Döpfner also touches on the evolving nature of journalism amidst technological change and the importance of prioritizing family in a competitive world.
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Google's Monopoly and Potential Tax Cut
- Google's dominance in search, like Microsoft's in operating systems, raises monopoly concerns.
- Breaking up such monopolies could be the largest corporate tax cut in history, fostering competition and lowering prices.
Declining Purchasing Power of Young People
- Young people's declining purchasing power compared to their parents is a major problem.
- Lowering costs, especially for essentials like housing and education, is crucial.
Microsoft vs. Google Lobbying
- Microsoft's antitrust case led them to avoid political lobbying, while Google actively engages in it.
- This lobbying creates an imbalance, hindering antitrust efforts.
