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Free speech is the bedrock of democracy, and free speech is what allows atrocities

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to be called out and for people
to be aware of them. That's why

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the Germans wanted to shut down the
price immediately. So you know, anyway,

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I think we should do everything we
can to preserve free speech, and

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when we lose free speech, I
think we lose democracy. One of the

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other things we were talking about earlier
to touch back on it was the DEI

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of it, and one of the
things that you know, you and I

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had been discussing a little bit offline
is the fact that di I effectively is

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a conspiracy theory in which there is
a cadre of powerful people who are at

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the top and they control everything else
that's happening. And because those powerful people

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are at the top, they are
exploiting everybody else and they have to be

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taken down more than one peg.
And you know that conspiracy theory matches very

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aligns very closely with anti Semitic conspiracy
theory. I think the CI is very

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extremely anti Semitic. It's cool,
so yeah, absolutely, uh, And

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it's just it's just generally anti meritocratic, so which I think is very dangerous.

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You want to have a I think
society where you succeed based on your

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skills and hard work. That's it. And it doesn't matter about your race,

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gender, creed, religion, nothing, you know, just are you

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good at your job, do you
work hard? Are you do you have

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high integrity? Nothing will that's it
stops there. And it seems it seems

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as though, you know, in
our society right now, there's an objection

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to that. But that objection,
it seems to me, can only be

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this crazy. Yeah, it can
only be sustained if you are tastically acknowledging

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that you will not succeed in the
meritocracy. The people who are pushing this

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the hardest yet frankly, yeah,
I mean it's it's it's essentially making the

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argument I'm not succeeding. The reason
I'm not succeeding is because no one can

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succeed. And so it's an argument
to a certain extent of the unsuccessful or

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people who feel as though they are
they deserve more. And you know,

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one of the one of the things
that occurs to me is that I'm not

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sure that anybody quote unquote deserves anything
other than what your hard work and innovation

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bring you in life. Right.
I think the EI also for those who

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were promoted based on these skills and
merit and hard work, it undermines the

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credibility of their promotion or their status. Was it real or was it the

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EI? You know, and it's
it takes away the respect that they deserve.

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One of the things about meritocracy that
I think people forget is that it's

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the only system ever devised that has
positive externalities. Any other sort of system

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that you create is going to have
negative externalities because you're literally just cronying with

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X group and whatever that group is, that group is going to get the

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benefits, and if you're not part
of that group, then you get screwed.

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And meritocracy is the idea that the
people who are going to succeed are

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people who innately are capable of creating
for everyone else. I mean, you

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mentioned earlier how many employees you have, and people will talk about your level

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of personal wealth, but that level
of personal wealth is largely stockholding, and

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that stock is it was almost entirely
stock. Yeah, exactly. I mean

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it's like you're sitting on like a
giant It's I mean, you are,

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but not like that. Yeah,
it's just it's just when I created the

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companies, I felt that it was
important. Now, in my first company,

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I didn't have any money. My
first Internet company, I just had

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one hundred thousand, all the student
debt. But for that was a company

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the very early days of the Internet
called zip too, but for old companies.

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Subsequently, I basically doubled down.
I took the money that from from

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Zip to invested it in x dot
com PayPal, and then I took the

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PayPal money invested that in in creating
Teslin SpaceX. Because I didn't feel like

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I didn't feel right that I should
ask investors to invest if I wasn't prepared

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to invest my own money. I
think the whole other people's money thing is

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not right. You know, you
want to you want to have you want

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to have skin the and put your
capital where you're off the capital of the

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company you're creating therewith investors capital.
And as a result of that, I

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own a lot of shares in the
company, and the company as the better

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the company does, the more valuable
the shares are. But that's because the

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pie has grown, and so you
have to say, like, what's that.

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The root of a lot of the
the negativity is an axiomatic flaw that

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the pie is static, that it's
a zero sum game, that if someone

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else succeeds, it's because they took
more than their fair share of this fixed

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pie. But it's not a fixed
pie. Obviously, the there's a lot

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of that wants a pie pie.
But obviously the economic pie has grown considerably

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from from what it was in the
past. The output of goodness of so

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as the productivity per person is dramatically
greater than it has been in the past.

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So when you when you create a
new company and you and you both

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create new products and services, you
are you are growing the groups, You're

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growing the you know, the bundle
as they say pie again, of you're

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growing the amount of goods and services
available to two people. So it's not

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you've not taken anything away from anyone. You've created something new and you've you've

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given people new products and services they
didn't have before. You know, like

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we didn't used to have an iPhone, We didn't used to have computers,

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when you used to have cars or
be able to fly in our planes,

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wouldn't used to have many of the
life saving medicines that we have today.

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These are all new things. I'm
sure you realized how good I look,

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how well I feel. Well.
The very video you're watching right now was

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Poland a few days ago. Most people

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and spice. This is one of
the I think there's the fundamental distinction between

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innovators and business people and people in
the free market and the political class.

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The political class operates almost solely on
the basis that the pie is fixed,

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because if the pie is fixed,
then the way that you get elected is

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by promising more of that pie to
such and such a person, or you

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promise that by seizing money from the
private sector, you're personally going to grow

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the pie. And it seems to
me if the first mark of a politician

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you shouldn't listen to is I can
fix all of your problems, and that

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basically rolls out nearly everybody, because
it seems like everyone in the political classes

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into the I can fix all of
your problems when it seems like what I

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actually need is people who are entrepreneurial
and innovative to solve this problem in front

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of um. Means that we can
then move on to the next problem that's

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in front of them. Yeah,
basically, the reality is that when that

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is that the government is really just
a corporation in the limit, government is

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the ultimate corporation. It's not different
from a corporation. It's just the ultimate

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corporation. And it's a corporation that
is monopoly. And and also it can't

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go bankrupt unless the country goes bankrupt, and it has a monopoly on violence.

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So how much do you want to
how much more do you want to

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give to the world's biggest corporations that
it has a monopoly in violence? Probably

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not, probably less. And I
mean I feel like it's said countries like

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East and West Germany or North and
South Korea, cases where there's just an

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oboritrary line that's been drawn. They
could to be one country arbitrary line is

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drawn because of a war. What
is the productivity difference from one to the

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other. You know, West Germany
had a productivity five times greater than the

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East Germany. Uh that that's just
because and it's not like West Germany was

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just the sort of bastion of capitalism. They're like half socialist. So even

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with if you're so, what that
means is if they have socialists on the

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other side is one hundredent socialist communist, then you really have something like a

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ten to one difference in productivity if
something is done by the government or done

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by the private sector. That's why
you But I'm not someone who says abolish

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the government. I just say let's
have the government do the least amount,

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because the less the government does,
the more the economy will prosper, because

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anything done by the government is going
to be five timetime five to ten times

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less efficient. But like think of
the d MB, I'm trying not to

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Yes, if we're going to get
out of DEI, what's the best way

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to get out of DEI? Well, I think DI is starting to fade.

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First of all, d I is
actually illegal because it discriminates on the

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basis of race, sex, sexual
preference and all other things that is actually

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illegal. So somehow you know it's
gone. They've managed to get this illegal

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thing in place. But now we're
starting you see a large number of lawsuits

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saying no, actually, the law
says you cannot discriminate on the basis of

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sex as you know, sexual identity
and race. You know. So I

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think, well, I think the
I is on this last legs is gonna

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it's gonna be a roup because it's
illegal. Actually,