Scott Galloway pt. 2: Why Young Americans Feel Hopeless: Structural Change, Policy Reform, and Real Solutions

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.7 • 5.1K Ratings

🗓️ 10 December 2025

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Welcome back to Impact Theory with Tom Bilyeu! In this thought-provoking episode, Tom Bilyeu sits down with Scott Galloway for a no-holds-barred conversation on the state of America’s economy, generational divides, and the future of capitalism. Together, they dive into the hard questions: Why are Boomers thriving while younger generations struggle to get ahead? What’s fueling the rise of cronyism and political polarization—and why does class mobility feel increasingly impossible? Scott Galloway shares sharp insights on topics like entitlements, tax policy, and structural barriers facing young Americans—from housing affordability and stagnating wages to the corrosive effects of monopolies and regulatory capture. The pair debate solutions ranging from progressive taxation and the need for genuine competition to massive investments in housing, education, and healthcare. But the discussion isn’t just about economics. Tom Bilyeu and Scott Galloway also unpack the psychological side of money, the shifting expectations around masculinity, relationships, and what it means for young men navigating today’s world. Throughout, they challenge each other—and listeners—to think critically about what kind of future we’re building. If you’re curious about how we got here and what can be done to move the needle, this episode is a must-listen. Let’s get into it! Business Wars: Follow Business Wars on the Wondery App or wherever you get your podcasts. Quince: Go to https://quince.com/IMPACTPOD for free shipping on your order and 365-day returns. Linkedin: Post your job free at https://linkedin.com/impacttheory HomeServe: Help protect your home systems – and your wallet – with HomeServe against covered repairs. Plans start at just $4.99 a month at https://homeserve.com Netsuite: Right now, get our free business guide, Demystifying AI, at https://NetSuite.com/Theory Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Raycon: Up to 20% off during this holiday season at https://buyraycon.com/IMPACTTHEORYBC Connectteam: 14 day free trial at https://connecteam.cc/46GxoTF ButcherBox: New users will receive their choice between filet mignon, ribeye or NY Strip in every box for a year + $20 off! at https://butcherbox.com/impact Incogni: Take your personal data back with Incogni! Use code IMPACT at the link below and get 60% off an annual plan: https://incogni.com/impact Cape: 33% off with code IMPACT33 at https://cape.co/impact True Classic: Upgrade your wardrobe at https://trueclassic.com/impact Bevel Health: 1st month FREE at https://bevel.health/impact with code IMPACT What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER: https://tombilyeu.com/zero-to-founder?utm_campaign=Podcast%20Offer&utm_source=podca[%E2%80%A6]d%20end%20of%20show&utm_content=podcast%20ad%20end%20of%20show SCALING a business: see if you qualify here.: https://tombilyeu.com/call Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here.: https://tombilyeu.com/ ********************************************************************** If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. ********************************************************************** FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	T'was the holidays at Starbucks red aprons tied up, warm wishes and names written on festive red cups.
0:09.0	The chocolatey mousse latte is here to cozy things up, topped with mokker cream moose for a finishing touch.
0:16.0	Two lattes in hand, one for you and one for me, because together truly is the best place to be.
0:24.0	The holidays are served now at Starbucks.
0:27.4	Subject to availability while stocks last.
0:30.7	Welcome back to part two of this incredible conversation.
0:34.2	Without further ado, here we go.
0:36.9	Talk to me about Trump. Give me a report card.
0:39.4	So people may have thought they were voting for one thing. What have they actually gotten?
0:43.7	I think many people, certainly people on the right are going to be surprised to hear you say
0:47.6	that Trump is more socialist than Mom Donnie. So give us the litany of receipts there. What is Trump getting wrong, certainly? And then if
0:58.5	you think that he's gotten anything right, I'll take that as well. Trump's instincts are often
1:02.1	very strong. It's just his execution. I think he recognized before other people the asymmetric
1:10.1	trade relationship with China.
1:11.6	I think you got to give them credit for that.
1:13.6	I think they were taking advantage of stealing our IP and then selling it back to us less expensive and gutting our manufacturing sector.
1:19.6	I think you saw that.
1:21.6	I think that he saw immigration as a big problem.
1:28.3	You know, the vice president, her big thing was supposed to be enforcing the border.
1:31.3	She didn't agree with you.
1:32.3	When a quarter of a million people can come over in December of 23 by just raising their hand
1:37.3	and saying asylum, they had to say asylum, and then boom, they were in.
	...

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