@good.politics: 💸 Abdul El Sayed on why he calls himself a capitalist: "I'm a capitalist who just understands capitalism. The term capitalism was coined by a guy named Adam Smith. And Adam Smith said there is no market without morals. He also said that the biggest danger to capitalism was not government regulation. It was monopoly. We've got monopolies and oligopolies up and down our economy. It is anti-capitalist." — @Abdul El-Sayed, Democratic Senate nominee in Michigan on the @stephenasmith show #abdulelsayed #stephenasmith #capitalism #adamsmith #michigan

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Tuesday 15 September 2026 12:07:21 GMT
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metalgear961
Vinny C :
Capitalism mixed with socialism makes for the best results. See the Nordics
2026-09-15 18:05:44
3529
mocag75
MocaG :
Stephen didnt understand any of that
2026-09-15 14:57:27
7922
averageg0lfer
averageg0lfer :
That’s one of the best answers I’ve ever heard of politician give in my 50+ years on this planet.
2026-09-15 15:24:50
2582
user2084917585822
Heathen4Life :
When capitalism creates monopolies and those monopolies own the government we don’t live is a capitalist system we live in a monopolist nation
2026-09-15 13:48:06
3702
masturvader1
Masturvader :
Capitalism needs to be heavily regulated for it to work.
2026-09-15 13:45:57
1085
malea1022
malea12345 :
In a true capitalist society local small businesses would thrive.
2026-09-15 16:35:45
703
pinhead865
I’m all over the Internet :
This guys helps me understand capitalism better than the government
2026-09-17 09:29:50
328
rodgerrabbit4
rodgerrabbit :
best defence of capitalism ive ever heard
2026-09-17 14:22:14
279
fladawg62
James :
Capitalism is fine so long as it's held in check. If you allow capitalism to run amok it will consume itself and everyone in it's way.
2026-09-15 13:54:18
572
josegonzalezcarro
josegonzalezcarro :
That guy is more inteligent that 99% of the present politicians.
2026-09-17 14:39:10
78
cringey_daddy
cringey dad :
Damn, that was the single best answer calling out what is wrong with present day capitalism.
2026-10-07 04:29:44
3
argentinosaurus.x
St. Peter :
Capitalism… mixed with socialism/democratic socialism actually tend to be some of the most successful and productive societies. They also tend to be the happiest country’s in the world.
2026-09-15 17:55:28
94
chuy.gomez89
Chuy Gomez :
true capitalism doesn't do bailouts, it's the free market talking, they shouldn't be subsidized or propped up
2026-09-15 12:18:17
169
donkeykongchamp
DonkeyKongChamp :
Unregulated capitalism leads to Oligarchy!
2026-09-15 17:58:03
90
nasty2ss1le
Steve :
Finally a guy who can think bigger picture
2026-09-15 13:21:25
80
fittzman
Fittzman :
that was a hell of an answer, an amazing well defined answer.
2026-09-16 15:22:28
70
pjoz1
jonesy :
if capitalism was so good, America wouldn't have banned Huawei, XPeng etc etc
2026-09-17 09:53:46
8
shitten.aa
shitten.aa :
As someone with a finance and Econ degree, he gets it. I’m sold
2026-09-25 18:25:30
5
jonpacific
Jon Pacific :
Back when I was a kid, most of my friend’s parents owned small businesses (and they all had vacation homes). They slowly all got gobbled up by big companies. If you want to MAGA, start there.
2026-09-15 23:23:19
13
ancaprisun
AnCaprisun :
1) Adam Smith did not coin the term capitalism. 2) Monopolys are created through government regulations, there are no natural Monopolys
2026-09-17 13:42:16
13
bigc1874
BigC1874 :
It’s also important to note that all the “socialist” countries like Norway are actually just capitalist countries with a better social safety net. Very few people want actual communism, just more checks and balances on capitalism, so we have less enshitification, better health outcomes & lower crime due to less abject poverty.
2026-09-17 12:54:07
34
lordcarlyle
Carlyle :
Imagine your health insurance company owns the pharmacy you get your meds from, and owns the manufacturer that makes those meds, but those meds aren’t covered by your insurance….
2026-09-15 16:34:21
62
bigalcrawdaddy
bigalcrawdaddy :
This guy is too frigin smart to be in politics. 🥰
2026-09-17 08:29:47
10
soggywhitebread78
SoggyWhiteBread :
The people being the loudest about Capitalism vs. Communism have no idea what either means 🙄
2026-09-17 22:39:52
6
darkknyo
darkknyo :
Pure capitalism doesn’t need government to bail out big corporations or give corporations tax breaks. Yet in the US, because politicians are paid for, Republicans have twisted the meaning of capitalism to mean tax breaks for the rich, deregulation and when big corporations screw up, just bail them out by borrowing to increase national debt.
2026-09-17 10:32:30
8
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