Squawk Pod Capitalism’s New Low in America 9/8/25
Sep 8, 2025
Vivek Ramaswamy, an Ohio gubernatorial candidate and entrepreneur, joins former FDA Commissioner Scott Gottlieb for a riveting discussion on the alarming decline in American support for capitalism. They dissect the rise of socialist sentiments and tackle the national affordability crisis. Gottlieb also sheds light on vaccine access issues, influenced by current political dynamics. Together, they explore the challenges of housing affordability and the pressing need for innovative solutions to elevate the American economic landscape.
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Capitalism's Popularity Has Slipped
- Americans' positive view of capitalism has fallen to its lowest level since 2010, signaling broad discontent.
- Rick Scott and Vivek Ramaswamy argue the gap reflects opportunity failures, not the system itself.
Personal Story Of Upward Mobility
- Rick Scott recounts rising from public housing to business and political success under capitalism.
- He uses his life story to illustrate that capitalism enables upward mobility.
Make Everyone A Capitalist
- Teach financial literacy early and expand equity ownership to make more citizens stakeholders.
- Implement programs that let children start accumulating compound-interest assets toward adulthood.