Abdul El-Sayed: I’m Not a Socialist; ‘I’m a Capitalist Who Just Understands Capitalism’

EXCERPT:

EL-SAYED: “I’m not. I’m a capitalist who just understands capitalism. No, look, you know the term capitalism, it was coined by a guy named Adam Smith. And Adam Smith said there is no market without rules. He also said that the biggest danger to capitalism was not government regulation, it was monopoly. And you think about all the stuff you got to buy, right? Chances are, almost everybody who’s listening has got a phone in their pocket. That phone is probably made by one of two manufacturers. Got one of three carriers.”