The Right Is Turning Against the Rich | The Week
Scott Galloway and Ed Elson discuss wealth concentration, shifting Republican economic trust, and how China's long-term infrastructure strategy is pulling ahead of the US in AI and energy.
The gist
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Billionaire wealth has grown from 10% of total population income in the 1980s to 100% today, making wealth taxes more politically viable.
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Trump's approval on the economy among white working-class voters fell from 65-30% in 2018 to nearly 50-50 today, opening space for populist economic messaging.
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China adds electricity generation equal to Germany's entire grid every year, mostly solar and wind, giving it a real edge in building AI infrastructure.
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Galloway argues China's renewable energy dominance came from a multi-decade strategy to avoid oil dependency, not a recent policy shift.
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Not Keeping Score
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