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MainContent Politics as Persuasion

Back to episode — Episode 3056 CWSA 12/28/25

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n and idiots have something to talk about. Fairness is not something you want. You want meritocracy. That's not fairness because some people have more merit. Some people will thrive in a meritocracy, some people won't. It's not exactly fair but it's just a good system for everyone. So this system where they just take your money if you're very successful, it's just a terrible idea. So here's what…

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of what his true motives are, all that, and that's valid. Those are valid criticisms. But in terms of a strategy I think it was very good for Bill Gates to try to reframe himself as a person who's doing the things that are even too hard for the government to do. So there's my idea.

If you say billionaires, if you live in California, we need you to step up and make it cheaper to do health care, cheaper to do education, cheaper to do transportation, and you have to show us that you've allocated some new money, not money you've already allocated, but you've allocated some new money into projects that have a good chance of lowering our costs. Wouldn't they stay? You know under those conditions if you were a billionaire and you thought, huh, okay, I wasn't planning on being forced to invest in these areas but nobody can complain if I do. And if I found a way to make transportation or shelter or something cheaper, the government would work with me, maybe even help me with some, possibly the state would have to agree to remove some regulations.

So suppose the billionaires say yes we will invest in affordability but you have to remove these roadblocks. One roadblock would be over taxation I guess and the other one would be over regulation. What do you think? Now I don't know if anything like that could happen but it would be way better for the billionaires to have at least one proposal. And I would be surprised if you couldn't get both Democrats and Republican billionaires to agree with that. You could probably get even somebody like a Tom Steyer to agree.

I just want to see your reaction to that. Is that the best idea you've ever heard? Because the one thing we know is that the billionaires by and large would be way way better at identifying ways to improve affordability than it would be the government. And it would satisfy Chamath's view that they should be more prominently involved in helping the public which I agree with.

All right. Did you know according to Elon Musk that electric semis will be a way better idea than diesel? Here again is exactly my point. If Elon Musk did not exist would you know that you could make an electric semi that would be way more practical and affordable than the current technology? You wouldn't even know that, right? Yeah. Tom Steyer isn't a Republican. That's my point. My point is that both Democrats and Republicans would probably like the idea of working on affordability. So that's another example of if you didn't have a billionaire who was interested in the public good. And by the way Musk usually starts there. He starts with what would be a public good and then can I fix that? Everything from space to electric cars to solar power. He always starts with what's good for the public and then can I make that thing. So electric semis would be right in that area.

Well you all know who Bill Ackman is, right? He's a well-known investor and he's talking about the widespread fraud in so many government programs and he had a suggestion for a way to audit. Now the idea of auditing of course is not new but apparently it doesn't work b

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ecause the fraud still exists. So his suggestion for auditing is that first of all you have to severely use the DOJ to severely punish anybody who got caught with fraud. So you've got some disincentive for fraud. That of course I think we all agree with. But then he says that there should be a federal internal audit system where private citizens would get a bounty. They'd be bounty hunters who fin…

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