meta_pixel
Tapesearch Logo
Log in
Success Story with Scott D. Clary

Lessons - Why Woke Capitalism Is a $21 Billion Scam | Vivek Ramaswamy - Biotech Billionaire & Author

Success Story with Scott D. Clary

Success Story Media

Business, How To, Careers, Self-improvement, Education, Entrepreneurship

4.61.9K Ratings

🗓️ 18 October 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory  

 

In this "Lessons" episode, Vivek Ramaswamy, biotech billionaire and author, dissects how wokeness transformed from a movement of social awareness into a dominant cultural and corporate system. He explains how the 2008 financial crisis gave rise to “woke capitalism,” where corporations used moral posturing to protect their power and profits. Vivek reveals how this alliance between Wall Street and social activism created a $21 billion “woke industrial complex” that threatens liberty and unity. Learn how virtue signaling replaced genuine courage, why corporate hypocrisy corrodes trust, and why separating capitalism from democracy may be crucial to preserving American freedom.

 

➡️ Show Links

https://successstorypodcast.com  

YouTube: https://youtu.be/RsXdhoHAyao 

Apple: https://podcasts.apple.com/us/podcast/vivek-ramaswamy-entrepreneur-author-wokeness-corporate/id1484783544 

Spotify: https://open.spotify.com/episode/5qbBUEtDLx7KMnMDyYGN8d 

 

➡️ Watch the Podcast on YouTube

https://www.youtube.com/c/scottdclary 

 

Transcript

Click on a timestamp to play from that location

0:00.0

In this Lessons episode, explore how wokeness evolved from social awareness into a powerful cultural system.

0:06.0

Discover how the 2008 financial crisis merged activism with corporate interest to form woke capitalism,

0:12.0

understand how virtue signaling and hypocrisy divide society and weaken shared spaces,

0:17.0

and uncover why separating capitalism from democracy may be key to preserving American freedom.

0:29.6

How did wokeness get to this point where it started in, it started with, in theory, a good, you good you know there was there was good thought behind

0:41.5

why we should be woke why we should be more accepting why we should do all of these things to

0:46.0

perhaps get rid of some latent ideologies that are not so great that we see in society

0:51.9

how has it got to the point where it's almost gone to the other

0:55.5

end of the spectrum? And now what you're stating is that it's actually negatively impacting

1:02.1

society to a point. Yeah. Look, I think that when wokeness was born, it was about challenging

1:09.9

the system, about standing up to the system.

1:11.8

And agree or not, there's something about that that I respect for somebody who has the courage to stand up to what the prevailing system is.

1:21.4

Okay.

1:22.5

But today, I think a couple decades later, wokeism is no longer about challenging the system.

1:29.7

Wokism has become the system.

1:32.2

And I think that the untold story of how that took place actually traces back to the 2008

1:39.2

financial crisis when corporations were the bad guys.

1:42.9

The old left wanted to take money from the wealthy corporations

1:46.2

and redistributed to poor people. Agree or not, that's what the old left had to say. But there

1:50.8

was the beginning of this new woke movement that began to say, actually, the real injustice in

1:56.5

society wasn't poverty per se. It wasn't economic injustice per se. No, it was racial injustice and

2:08.5

misogyny and bigotry. And after 08, that actually presented the opportunity of a generation

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Success Story Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Success Story Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.