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The Jordan Harbinger Show

1217: Evan Osnos | The Haves and Have-Yachts of American Oligarchy

The Jordan Harbinger Show

Jordan Harbinger

Social Sciences, Self-improvement, Entrepreneurship, Talk Radio, Business, Science, Education

4.8 β€’ 12.1K Ratings

πŸ—“οΈ 2 October 2025

⏱️ 78 minutes

🧾️ Download transcript

Summary

Money and power are merging on the high seas. The New Yorker's Evan Osnos exposes how super yachts became the new seat of American oligarchy.

Full show notes and resources can be found here: jordanharbinger.com/1217

What We Discuss with Evan Osnos:

  • Billionaire political donations increased 200x in 20 years ($25M to $3B in 2024), marking America's shift from democracy to oligarchy β€” where economic and political power fuse.
  • Super yachts are floating power centers β€” not just status symbols but boardrooms, tax havens, and networking hubs where billion-dollar deals happen beyond public scrutiny and regulation.
  • Each super yacht pollutes like 1,500 cars running continuously, costs 10 percent of its purchase price annually to maintain, and creates toxic work environments for crew in legal gray zones.
  • The ultra-wealthy face insatiable desire β€” where 50-meter boats become "embarrassing," half-billion-dollar yachts are "quite nice," and satisfaction remains perpetually out of reach.
  • History shows extreme inequality resolves through crisis β€” war, revolution, or pandemic. But we can prevent these outcomes by making systems less advantageous to the few and more inclusive to all. Support politicians who limit campaign finance influence. Vote with your wallet. Build communities that value contribution over consumption. Small actions compound: we shape culture by what we celebrate and reject.
  • And much more...

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Transcript

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0:00.0

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1:05.3

Coming up next on the Jordan Harbinger Show. As one guy said to me, he says it's the best way to absorb excess capital.

1:12.7

It's become the new arms race.

1:14.9

And, you know, it used to be that a 50-meter boat was a nice boat.

1:18.6

And he says, now it's a little bit embarrassing.

1:21.0

And he said, the half-billion dollar boat is, in his words, quite nice.

1:25.3

It's become the new arena for seeing how power is exhibited and

1:31.4

transacted and the games that go on. Welcome to the show. I'm Jordan Harbinger. On the Jordan

1:39.8

Harbinger show, we decode the stories, secrets and skills of the world's most fascinating people

1:43.6

and turn their wisdom into practical advice that you can use to impact your own life and those around you.

1:48.9

Our mission is to help you become a better-informed, more critical thinker through long-form conversations with a variety of amazing folks, from spies to CEOs, athletes, authors, thinkers, and performers, even the occasional organized crime figure, former jihadi, drug trafficker, hostage negotiator, or music mogul. And if you're new to the show or you want to tell your friends about it, I suggest our episode starter packs. And these are collections of our favorite episodes on topics like persuasion and negotiation, psychology and geopolitics, disinformation, China, North Korea, crime and cults, and more. That'll help new listeners get a taste of everything we do here on the show.

2:20.0

Just visit jordanharbinger.com slash start, or search for us in your Spotify app to get started.

2:25.4

From Wall Street to Washington, the United States is starting to look less like a democracy

2:29.2

and more like an oligarchy, where wealth buys influence, power floats on the open sea,

2:33.9

literally, because nothing says I've power floats on the open sea, literally,

2:34.8

because nothing says I've arrived quite like a super yacht. Those floating palaces selling faster

2:40.1

than ever, with waiting lists that stretch for years and features that make luxury hotels

2:44.3

look modest. These boats are not just toys, they're boardrooms, safe havens from paparazzi,

2:49.2

and billion-dollar networking hubs, where one good

2:51.8

deal can pay for the whole vessel. Presidents, billionaires, and celebrities all mingle on these decks,

...

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