Tom Bilyeu interviews Hasan Piker, a prominent voice on the American left, to discuss why young people are turning to socialism. Hasan argues that capitalism is failing the average person, leading them to seek alternatives that address material inequalities and the cost of living crisis. They debate the inherent contradictions of capitalism, wealth inequality, and the role of banking and money printing in creating economic problems, particularly the unaffordability of housing. They also touch on corporate consolidation, government intervention, labor unions, and potential solutions like public housing initiatives, with differing views on the effectiveness of government control versus private market solutions.
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