Everyone’s Talking About This Jeff Bezos Interview

Added: 2026-05-24

[00:00:00]Anyway, now let's look at uh some real evil.

[00:00:04]>> These days, it feels almost impossible to pick up a newspaper without reading a headline about wealth in America, uh about the billionaire class, >> um about wealth inequality and policy and and everything else. Uh and it's taken a a uniquely critical turn, I think. And I'm so curious before we even get into everything else, what you think about that right now.

[00:00:28]Well, well, first of all, Adru, I I'm glad you're asking the question. I think it's a really important topic. Uh, and I think it's an important one to discuss because I see the same thing you do. You know, you see in a bunch of headlines, you see it in a bunch of places. And I've been thinking I have been thinking about like what is what is driving this?

[00:00:47]It does seem different from 10 years ago. and uh and and I think I think what's going on is that it's kind of a tale of two economies. So you have a bunch of people in this country who are doing really well, but you also have a bunch of people in this country who are struggling, struggling with pay rent, groceries. And so what's you know what's happening here is uh politicians are using the kind of age-old technique. So there's this tale of two economies and they're using this age-old technique of you know picking a villain and pointing fingers.

[00:01:27]But the problem is that doesn't solve anything. And so like if you want to help the the the group of people who are struggling, you have to figure out real root causes and solutions. And that takes skill. You know, it's like the way we if we have a problem at Amazon, you know, the way we would fix it is we would go in and we do the five W's and we try to get to a root cause. We try to find a root fix. Is this what unfettered profit does to your body? You don't stay human. I don't know what the going on with this guy, but yes, everybody knows the most oppressed person after Twitch streamers, of course, is the billionaire. Number one, Twitch streamers. Number two, billionaires.

[00:02:06]Twitch streamers basically also billionaires in many ways in trapped inside of billions of of mines having permanent occupation. Um, oh, by the way, Jeff Bezos is a is a big advocate of this whole like let's cut taxes for people making less than $100,000 a year method, which is insane. And of course, the reason why it's insane is because that's how everything gets funded. The point shouldn't be to to further erode the government coffers. It should be to make Jeff Bezos pay a uh comparable amount of his, you know, yearly growth of of of um not income necessarily because these guys also pay themselves like a dollar, but his u yearly net worth growth in wealth. Yes, the United States is the most progressive tax system in the world. The top 1% pay 40% of taxes. The bottom 50% pay 3% of taxes. We can make it even more progressive by zeroing out taxes on the bottom half. It's a small amount of the total tax revenue, but very meaningful to people in this group. The bottom 50% pay 3% of taxes. Okay, I'm willing to entertain that if the top 1% pay literally more than 40%. How about that?

[00:03:19]Get the top 1% to pay 100% of the taxes.

[00:03:27]Reactions from Zoron and Tommy Styer. I know a few teachers in Queens who would beg to differ. Yeah. Bezos on CNBC. You could double the taxes I pay and it's not going to help teachers in Queens. I promise you.

[00:03:38]>> Yeah. Tommy Styer, billionaire says, "This is [ __ ] Promise you tax billionaires invest in schools."

[00:03:42]>> And then when we fix it at the root, you're fixing it forever. It's a real solution. And what we don't do because it doesn't work is just point fingers and blame people. Might feel good for 10 seconds, but doesn't accomplish anything. And so what could you really do? So like I you know you do you have a plan?

[00:04:02]>> Well, I have some ideas. I have some places to start. So you know if I you know I started thinking about this and doing some research. A nurse in Queens who makes $75,000 a year pays 12 more than $12,000 a year in taxes.

[00:04:23]Does that really make sense? So people talk about, you know, making the tax system more progressive. How about we start by having the nurse and >> this is genuinely a distraction.

[00:04:35]It is a way to just say there's no increase of taxes, right? You will never have an increase in taxes, which means he's never getting his taxes increased.

[00:04:46]He knows, look, billionaires, they're not the smartest, but they obviously uh exercise their self-interest quite a bit. and they're smart enough to recognize that right now there is tremendous appetite to not only tax these guys but maybe even punish them, right? And to be fair, taking chipping away at their net worth even a little bit is the biggest punishment of all time. It's you might as well throw them in prison at that point from their perspective. So they recognize that there is a real appetite for this and people are saying it, right? People are demanding it and some politicians like Bernie Sanders are leaning into those demands. So what do you do? You pull off the the rip cord and you lean into how about no taxes for people making less than $100,000. How about that? Don't you think that's a better way to help the working class? No. The best way to help the working class would be to tax you, [ __ ] We arrived at this problem because we have been slowly but surely chipping away at taxes. Of course Elon Musk and you know Elon Musk is in agreement with Jeff Bezos. That's your boss, bro. I know.

[00:05:55]>> Queens not pay taxes. Why is somebody at all? Why is some Why is a nurse in Queens who makes $75,000 a year paying more than $1,000 a month in taxes?

[00:06:08]>> That's $1,000 a month that could help with rent or groceries or anything. And so and and by the way, do you know what that all adds up to? the the the bottom half of income earners in this country pay only 3% of the taxes.

[00:06:24]>> It's only 3%. We can find 3%. So we don't have it's it's it's a small amount of money for the government. You know that >> and really it's and the more I thought about it to me it's kind of absurd that we're doing this. You know we shouldn't be asking this nurse in Queens to send money to Washington. They should be sending her an apology. It really makes no sense.

[00:06:49]>> Okay. But then on the other end, the question is, should you be paying higher taxes to pay for the 3% component part of this that you think is going to need need to be paid for, if not more than that, given the debts we have?

[00:07:04]>> The it's certainly a perfectly valid policy debate, >> right, >> to say, do we want an even more progressive tax system? So, you know, the kind of the line that gets uh quoted all the time is, you know, the wealthy should pay their fair share, >> right?

[00:07:21]>> And we can argue about what the fair share is. That's a policy debate. That's okay.

[00:07:27]>> But the vilification is the thing that's just the distraction.

[00:07:31]>> And and and by the way, if you really are being honest about it, we don't have a revenue problem in this country. We already have the most progressive tax system in the world. Uh the top 1% of taxpayers pay 40% of all the tax revenue. The bottom half pay only 3%. We have already and and I think it should be zero. I don't think it should be 3%.

[00:07:53]I think it should be zero. So we'd be making more progressive that way. We actually have >> Yeah. It's not even sneaky. He's just straight up saying there's no world where taxes get increased for people like myself. But he also knows that there is unlimited appetite by Americans to cut taxes even further, which of course once again is the neverending cycle of destroying the existing social safety nets. And lo and behold, the destruction of social safety nets in the state comes along with wonderful new profit opportunities. It comes along with privatization. So you advocate for more tax cuts. Not only does this benefit you personally, right? Even if you're not getting any tax cuts as a billionaire, you've gotten the unlimited tax cuts, which by the way, for Jeff Bezos, I mean, what the can you tax?

[00:08:40]Let's be real. I mean, he doesn't. His W2 form is like 70 grand, okay? He doesn't actually make money off income.

[00:08:47]That's not a thing. He has assets. He has ownership over Amazon. And then he leverages he uses that asset as leverage to go and get incredibly cheap loans that he never actually ever has to pay.

[00:09:03]Right? And every now and then you can get a maybe a a modicum of a payout when he has to pay the interest on the loans that he's taken, right? Obviously you can't default, right? So because if he does default then you know they can seize his assets. It's never going to happen. So every now and then he'll like liquidate something and in that process then he pays a little bit of tax but that tax is obviously still a lower percentage than the tax he would pay for straight income. There is that part too and ultimately it's nothing is nothing in the grand scheme of things. It's nothing. This process is called buy borrow die. What did this guy say? How do people listen to you and think you have a clue? What do you think his contribution to society is compared to yours? Well, my contribution to society is certainly not in the negative. I think Jeff Bezos's contributions are fairly negative. We got to unban guys like this. These guys are brilliant.

[00:10:01]You're you're licking billionaire bean, dude. You're licking his bald head right now and his balls and his ass. Jeff Bezos is nothing without all the labor that allowed him to become a billionaire. There is no value without labor. Jeff Bezos was unbelievably and immensely lucky at numerous points in his life. I'm sure he worked hard. But you know who else works hard? A teacher, a nurse. Probably a lot harder than Jeff Bezos ever did. Jeff Bezos does not work a billion times or 20 billion times harder than the average teacher or the average nurse does. He was, however, 20 billion times luckier than the average teacher or the average nurse. making the right decisions, being at the right place in the right time, being born into the right family. These are all unbelievably important factors in this in the success that people arrive at.

[00:10:53]Like he got a loan from his parents is worth $100,000 to start his business, right? That's fortune. That's that's incredibly lucky. But what he made with that, I think is is far luckier cuz there are probably a lot of people who are who who have that level of of affluence in their family and don't become one of the richest people on the planet. I'm not discounting that, but I'm just saying that's not where the luck ends, right? Fortunate enough to be able to be born into a family that could give that could loan him 500 grand in today's money. That's immensely fortunate. That's unbelievably fortunate. The the point of the the thesis here is not to say, you know, it's just luck. Who cares? It's to show you that meritocracy is simply a lie that people like Jeff Bezos and those who benefit from the system tell the working class. So they also feel like there he deserves to to have this level of wealth and power uh consolidated in the hands of the few instead of harnessing the potential of those who weren't so fortunate giving them a real opportunity to make world changing technological improvements discovery of novel chemical compounds and the like.

[00:12:09]We just keep them poor and broke and destitute and we tell them, "Ah, well, if you're poor, sorry. I guess you didn't work hard enough or smart enough." But I do really think some people like being cattle. And let's be real, it can be rewarding. Their ignorance is bliss at the end of the day. Cuz once you see it, once you see this system's design, it's very hard to unsee it. It's very hard to go back to it. And one of the craziest parts about it is I think these guys like Jeff Bezos, they see it. They've taken the red pill. They know they know how vicious this system is, but they're at the tippy top and they benefit from it.

[00:12:46]And they know that in order to continue benefiting from it, they have to make sure that the masses are never conscious. They're never conscious of their class position. They're never conscious of the fact that these guys have designed the system in this way and want to maintain it. And the maintenance of this system is violence. There's no difference between if you're a workingclass, regular, stiff, everyday, everyday man working tirelessly to make ends meet. And you look at the systems design and you say, well, you know, these guys did work hard. They did work smart. They deserve it. And maybe one day if I work hard and smart, I will get there or at least have a comfortable nest egg. The guys that think that way, the guys that engage in feelalty for billionaires, millionaires, capitalism in general, they're in a way no different than the peasant that actually thinks that God did ordain the king, that God actually is responsible for why the king remains the king. No difference whatsoever. And I'm sure at the time when the peasantry was toiling the lands, there were probably plenty of people who would tell on their fellow peasants, their fellow serfs. Tell on the lord. Tell them, "My lordship, they're stealing the grain. My lordship, they're taking it away from you. You must punish them, me lord." That's what you behave like when you tell me Jeff Bezos's contributions to society are immense. Me lordship protects me. He has my best interest in mind. He protects.

[00:14:19]And if he takes away more of my grain, it's for the overall good. This year, he took even less than last year. It's an objective improvement. How dare you speak out against our Lord? That's it.

[00:14:34]That's what you're doing. I wonder what the medieval peasantry equivalent of don't tread on me guys was. You know, the libertarians, the freethinkers, I'm not sheep. the guys who uh in this day and age will be like, "I'm not cheap, but these billionaires, I mean, they worked real hard. What's the alternative? Communism? That's terrifying." What would be the uh what would be the alternative in medieval peasantry? Tavern owners, the merkantile class. Like, what is the equivalent of a of a rallying cry for a surf or a peasant that thought that they were actually freethinkers, but they were still servants? If we pray to our Lord, one day our Lord will yield tremendous bounty, right? We must give more back to our Lord. Our lordship protects us.

[00:15:26]Would you defy God?

[00:15:29]>> A spending problem. And it and that's a skills issue. I mean, let me give you an example. The New York City school system, right?

[00:15:38]They spend $44,000 per student.

[00:15:44]44,000. That's 30% more per student than other big cities like Chicago, LA, and Boston. And it's three times more than Miami, and Houston. And by the way, New York City doesn't get better outcomes.

[00:16:00]So what this Listen, let me let me just say if if if we ran Amazon the way New York City runs their school system, right?

[00:16:09]>> Your packages would take six weeks to arrive, we'd have to charge you a $100 delivery fee and then when the package did finally arrive, it'd have the wrong item in it anyway.

[00:16:19]>> We can't. That's a skills issue, Andrew.

[00:16:21]It's It's not about It's just competence. I mentioned my optimism a minute ago and we should definitely talk about that because I think there's so many people who are afraid that AI is going to take their job. I think that there's going to be a labor shortage.

[00:16:35]>> Dog, first of all, capitalism necessitates that cities do run like businesses and that's unironically the problem. Except if USPS didn't exist, the last mile delivery wouldn't exist, which Jeff Bezos relies on because private delivery services don't have any obligation to deliver to routes that are hard to track. USPS, on the other hand, is not a profitable business. It's not supposed to be profitable at all, as a matter of fact, because it's supposed to work. That's why all these [ __ ] rely on the US Postal Service for their last mile delivery. UPS ain't going up the mountain. USPS is Yeah. through rain or snow. The US Postal Service is one of the best examples of a government provided service that simply has to work. it it can't exist as a profitable entity because many of the routes that they go down where they deliver medicine for example no private company would ever do it because it's not profitable and remember these demons want to take that away too. They want to take that away too so they can privatize that too so they can make more money off that.

[00:17:54]And who gives a if poor people living in rural areas don't have anything any service to deliver them these goods that they need to survive? It doesn't matter because these guys don't give a they only care about profit. It's that simple. The government has an obligation to take care of its citizens. At least in theory. And even in a capitalist government like the one that we live under, like the one that we exist under, there are still certain institutions that just have to work. The US Postal Service is one of those institutions.

[00:18:26]One example I can use is Walmart, this behemoth that relies heavily on government subsidies, both uh tax breaks and tax benefits that they receive. Uh and then also on top of that, welfare and food assistance that they rely on that their own employees that they underpay can still use at Walmart. Now, when Walmart comes into town in places that are forgotten, people celebrate.

[00:18:53]They're like, "Oh, the price of food is going to be cheaper. This is going to be more cost-effective." But what ends up happening is Walmart ends up sucking up the entire consumer base, and it kills all the local businesses in the neighborhood, all the mom and pop shops that have been around for 20, 30, 40 years. But eventually, Walmart, when it's no longer as profitable, will just off. So then, what do you do? You lived in a town your whole life and your parents lived there before you. There was a local grocery store that made things work. Wasn't the cheapest, but you knew the ger, right? It was a small business. But then Walmart came around and knocked that business out uh because the business could not compete with the prices of Walmart. But when Walmart becomes unprofitable, they off now your town is a food desert. Now your town doesn't have any options whatsoever. Now you have to go to the town over to a dollar store or another Walmart. Now you're spending more money on gas. Now there is an invisible cost, an additional cost. It's hurting your wallet all the same. Even if the food prices were more costly in the local ger that you could go to. Now you're paying even more money to go to the Walmart.

[00:20:09]That's a town over. Now you're spending more time on travel. These are the invisible ways that poor people get [ __ ] over because of capitalism, because of the interests of profits.

[00:20:21]That's how it works. But because it's a part of the system's design and because many people have decided that it's the best possible system, it's the only system that we can exist under. It's everything that we've ever known. And once again, like I said, because of the invisibility of it all, the invisibility of that cruelty, you seek out other reasons as to why you're experiencing this economic struggle. And then a guy that wears a red tie and a suit on the TV says, "It's actually because we're taking all this money that exists out there in the ether and we're spending it on scary brown people. We're spending it on transgenders." And then the other side who you may have trusted at some point in time is telling you, well, things aren't that bad. Things aren't that bad. We don't have to like, you know, we'll we'll maybe improve a little bit, but obviously we can't go after Walmart. We can't tell you the truth about what happened and why you're currently struggling. So, we'll just tell you the other side is evil and bad and leave it at that. A lot of people look at that and go, "Okay, both of these guys, my life sucks. It's dog.

[00:21:25]Barely making ends meet. It I'm not voting." Then there are others who hear the other guy with the red tie over the blue tie and they go, "You know, that's a convincing argument. I am a little scared of brown people. They got salsa hips. They dance. I feel like my wife is quite fond of that Mario Lopez guy, and it's causing a lot of sexual frustration within me, sexual anxiety within me, and that's now translating to my lifelong loyalty to the reactionary cause. I'm obviously, you know, joking. It's not that simple. But I was just thinking like what's what's a Latino guy that someone in West Virginia would see on television and be frustrated by? And I feel like Mario Lopez is is is that guy.

[00:22:07]You know what I mean? New research suggests that the company makes its communities operates uh makes the communities it operates in poorer even taken into account its famous low prices. Walmart imposes in the form of not only lower earnings but also higher employment in the wider community outweigh the savings it provides for shoppers. on the net. They conclude Walmart makes the place it operates in poorer than they would be had it never shown up at all. Sometimes consumer prices are an incomplete, even misleading signal of economic well-being. Yeah, Amazon works in an identical manner to Walmart. Both of these behemoths are obviously massive jobs providers, some of the biggest uh hiring bodies in the United States of America. I think Walmart might be the biggest or maybe it's the US military, one of the two. I think Walmart literally might be the biggest. And they operate in the exact same way. They operate with predatory pricing where they price out all the competition and destroy it with one interest in mind and that is to become a monopoly. A a monopoly in a locality or a monopoly altogether. And once you're a monopoly, there are no more market factors that you have to abide by. You can raise the prices, you can lower the service, you can cut jobs, and you can cut tail at the end of the day if it's no longer profitable anyway. You can just close up shop and leave these communities behind.

[00:23:25]Destitute. No more jobs in the community. And worse, no more markets in the community. No more grocery stores.

[00:23:31]Yeah, this is true as well. When Amazon pays poverty v wages, it forces their workers to rely on social safety nets, putting more of a financial burden on taxpayers, all while Amazon profits. We don't talk enough about how much taxpayers are forced to subsidize corporate profits in this country. It's true. Walmart employees needing food stamps and using EBT at Walmart is no less than company script. Yeah. So there is a difference there though. It's instead of a company town and a company store, you now have the government subsidizing it. So at least there's like one other middleman. So there's plausible deniability and and that separation that separation causes you to feel like you have some choice in the matter. And that separation makes it a lot harder to revolt. I've talked about the difference between uh neoliberal societies and societies that we would consider authoritarian, right? China versus the United States of America.

[00:24:26]Control still exists in both of these societies. Authoritarianism still exists in both of these societies, but the methods are different. The USSR had a very different, much more hands-on approach to controlling certain behaviors. But that hands-on approach is everpresent, and that's why, you know, it exists. And that's why when it's failing, you know who to blame and you know where to revolt. Societies like China or even the USSR have to be far more responsive to the needs of the masses for this reason because they don't have the same um they they don't have the same like neutralizing effect that the the fallacy of choice provides for people in neoliberal societies. When the system has to constantly at gunpoint reinforce its uh its its power upon the people, the people know that there is a a main governing body that is an everpresent force upon them. That's the distinction between a company store that uses company script and and company tokens that leads to revolution or leads to rebellion internally versus the Walmart system that currently engages in the exact same process but they use the government instead. Does that make sense? That's why the Ford factory towns failed. That's why company towns fail usually because people know people know directly uh who is responsible and then they fight back. Whereas the welfare state under capitalism hides the the collaborative nature between capital and the state. And as long as the state is responsible, you can throw a sequence of distractions in front of the public to say, "Oh, well, it's a Democrat that's at fault because they're gay and transgender." Or Democrats can turn around and say, "Look, these companies are still good, but you know, maybe uh maybe the Republicans are the real villains here, so you should vote for us." Neither neither party is effectively changing the reality for you. Neither party is actually punishing the corporations for engaging in this kind of cruelty, for robbing you blind, for forcing you to work in shittier conditions overall. Every now and then, of course, you get some technological improvements that make you feel like your life is improved. When in fact, if there are certain markers for happiness, like financial security, there's a certain marker for financial security.

[00:26:54]If it's like home ownership for example, you are further away from that marker of financial security than than the generations prior to you. But you got porn on your phone, you got gambling apps, okay? You got they've they've even commodified uh hope at this point. You can just literally turn uh a a opportunity at upward social mobility into a process where they can extract more value from you. So you got the bread sometimes and the circuses all the time and it keeps you in a drunken stouper. All the while these people that have designed society this way or at least benefit from it get to laugh themselves the bank. They get to go on television. It's part of the part of the the um the success of capitalism has created a reality where these guys don't even have to be philanthropists any longer. Like at least back in the day, robber barons had a sense of shame, if you will, where where they knew that they had to be philanthropists to a certain degree.

[00:27:59]>> Uh as a result, so let's go there then.

[00:28:02]I wanted to stay in space, but let's go to that because >> we can come back. We could be in space, too. Whatever you want.

[00:28:08]>> No, no, but that's No, but that's fascinating because I don't know if you saw Eric Schmidt gave a commencement address over the weekend. Yeah.

[00:28:14]>> And the students were booing because they every time he mentioned AI They will booing because I think they're deeply fearful and worried about whether they're going to have a job.

[00:28:24]>> Yeah. Well, and the reason they're afraid of that is because all these smart people keep saying that. So, there are so many smart people and they are smart and they are saying, "Oh my god, you know, there going to be no more radiologists because, you know, AI can read X-rays better than a radiologist can." And there going to be no more software engineers because AI can program better than a software engineer can. these people are wrong. So, what's really going to happen is that it's going to elevate all of these people and they're going to it's like it's it's like you've been digging. Let's say you're a software engineer, right?

[00:28:58]>> What it's the the analogy I can give you is you've been uh digging out a basement for your house with a shovel and somebody's about to hand you a bulldozer, you're you're so you should be so happy.

[00:29:14]If you're digging the basement to your house and somebody says, "Hey, how about this?

[00:29:18]>> I have a tool here that's gonna and there what's really gonna happen is we're gonna have so much productivity in our economy that uh for example, this is this just one effect. A lot of people who have uh two earner income households, >> right, >> one of the people is going to drop out of the workforce. That's why we're going to have a labor shortage. people because of the uh productivity gains, you're going to be able to afford things. We're going to have I I predict we'll actually have deflation of certain core uh assuming we let this technology play out and don't, you know, hamstring it with regulation too early.

[00:29:56]>> Oh, thank God. I mean, hopefully not.

[00:29:59]That would be terrifying. Yeah, regulation is is uh always hampering innovation, you know. Just let it let it uh run its course. This is also the point of billionaires promoting lowering tax for the poor, a band-aid to ass wage uh revolt. Yeah. No, they they just don't want you to even believe there is an opportunity or any value in increasing taxes for them or increasing taxes at all. They're fine if you pay no tax. They don't give a [ __ ] Oh, okay.

[00:30:27]The government services are worse off.

[00:30:29]When is the last time this motherucker used a government service? You know what I mean? beyond like roads and and if it gets to that they'll go and yell at the government to fix it and then the government will fix it, right? He's already doing AI podcast. Wait, what?

[00:30:43]Amazon premium Alexa service can now generate custom podcast on demand. Turn any topic you're curious into a podcast episode ready in minutes. Wait, what?

[00:30:55]The rise and fall of Rome, the podcast what the Dude, that's crazy, dude. You know what's really funny? I just never stopped thinking about the fact that all of the things that AI is doing are things that we were supposed to do. It's not doing any of the things that we're supposed to lighten the burden of the labor force. All the route tasks, all the menial labor you have to do. And then when you go home on your on your journey home, if you're lucky enough to, you know, ride a bus, if there's any public transit whatsoever, in your car when you're driving back, you listen to a AI podcast. We are literally serving the machines at that point. What the Google Notebook LLM has been doing fake podcast for a year now.

[00:31:49]I don't understand it. It doesn't make any sense. Amazon AI podcast example here.

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[00:33:34]Oh my god.

[00:33:36]Oh god. We're so cooked, dude.