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Centuries Collide TBN Version

Cody Crouch: One Percenters | Centuries Collide

December 4, 2024 | S2:E8

Cody Crouch: One Percenters | Centuries Collide
Host Cody Crouch takes us on an unforgettable ride through the moments that made the U.S.A. the country it is today.
#AmericanHistory #WorldHistory #History #Culture #Government #Economy #inActive #CodyCrouch #Money #Documentary

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Centuries Collide TBN Version | Cody Crouch: One Percenters | Centuries Collide | December 4, 2024
  • ♪♪
  • 00:00:00.356 --> 00:00:01.791
  • - i am cody crouch. on my new show, centuries collide
  • 00:00:01.791 --> 00:00:04.260
  • American history,
  • 00:00:04.260 --> 00:00:05.462
  • I'm traveling across the united states uncovering
  • 00:00:05.462 --> 00:00:08.765
  • The incredibly true history of what makes our
  • 00:00:08.765 --> 00:00:11.401
  • Nation so great.
  • 00:00:11.401 --> 00:00:13.536
  • We're recreating some of american history's
  • 00:00:13.536 --> 00:00:15.305
  • Greatest moments, exactly how they happened.
  • 00:00:15.305 --> 00:00:17.974
  • - didn't you think the rock would be bigger?
  • 00:00:17.974 --> 00:00:20.276
  • - welcome to the craziest, strangestm most
  • 00:00:20.276 --> 00:00:22.846
  • Whatever-est crash course on american history.
  • 00:00:22.846 --> 00:00:25.949
  • Buckle up.
  • 00:00:25.949 --> 00:00:26.983
  • It's time for centuries collide.
  • 00:00:26.983 --> 00:00:29.752
  • This is atlantic city, the town made famous by
  • 00:00:30.787 --> 00:00:33.289
  • The boardwalk, park place, and the game monopoly,
  • 00:00:33.289 --> 00:00:37.127
  • Where everyone tries to become a real estate
  • 00:00:37.127 --> 00:00:39.195
  • Tycoon and put everyone else out of business.
  • 00:00:39.195 --> 00:00:41.431
  • - yeah. yeah.
  • 00:00:41.431 --> 00:00:42.565
  • - just like an actual time in history where a few
  • 00:00:42.565 --> 00:00:44.434
  • High rollers sat down and they played their own
  • 00:00:44.434 --> 00:00:47.337
  • Game with monopoly, except that one wasn't a
  • 00:00:47.337 --> 00:00:49.806
  • Board game. it was the american economy.
  • 00:00:49.806 --> 00:00:54.711
  • ♪♪
  • 00:00:54.711 --> 00:00:59.549
  • As the 1800s came to a close, we moved away
  • 00:00:59.549 --> 00:01:02.418
  • From small family farms.
  • 00:01:02.418 --> 00:01:04.087
  • Americans moved on up and into the urban sprawl of
  • 00:01:04.087 --> 00:01:08.458
  • Industrialization and into a shiny new version
  • 00:01:08.458 --> 00:01:11.394
  • Of the american dream, and then came the tycoons
  • 00:01:11.394 --> 00:01:15.231
  • And the tariffs, the capital and chump change,
  • 00:01:15.231 --> 00:01:18.101
  • The type of stuff monopolies are made of.
  • 00:01:18.101 --> 00:01:20.703
  • Not the board game, but the illegal corporations
  • 00:01:20.703 --> 00:01:23.373
  • Owned by the rich and powerful, the dreaded 1%.
  • 00:01:23.373 --> 00:01:28.344
  • So today we're going to roll back time and meet
  • 00:01:28.344 --> 00:01:30.280
  • These notorious one percenters who invented
  • 00:01:30.280 --> 00:01:32.682
  • The game that we now call commerce.
  • 00:01:32.682 --> 00:01:35.518
  • Buckle up.
  • 00:01:35.518 --> 00:01:37.120
  • It's time for centuries collide.
  • 00:01:37.120 --> 00:01:39.255
  • ♪♪
  • 00:01:39.255 --> 00:01:59.576
  • From the end of
  • 00:01:59.576 --> 00:02:00.710
  • The civil war to the beginning of the
  • 00:02:00.710 --> 00:02:01.978
  • 20th century,
  • 00:02:01.978 --> 00:02:03.746
  • These were game-changing years for the
  • 00:02:03.746 --> 00:02:05.648
  • Entire world.
  • 00:02:05.648 --> 00:02:07.350
  • But what did the american economy look like in
  • 00:02:07.350 --> 00:02:09.686
  • The 1800s?
  • 00:02:09.686 --> 00:02:10.887
  • It looked a lot like this.
  • 00:02:10.887 --> 00:02:13.056
  • Think brick and mortar etsy shops, family farms
  • 00:02:13.056 --> 00:02:16.092
  • And farmer's markets.
  • 00:02:16.092 --> 00:02:17.660
  • Once upon a time, this was about the only work
  • 00:02:17.660 --> 00:02:20.163
  • Options americans had.
  • 00:02:20.163 --> 00:02:21.798
  • - can i interest you in some farm?
  • 00:02:21.798 --> 00:02:23.600
  • Fresh, homegrown cheese?
  • 00:02:23.600 --> 00:02:25.368
  • I milked a cow myself. or some leather goods.
  • 00:02:25.368 --> 00:02:28.838
  • I personally skinned and killed the cow, not in
  • 00:02:28.838 --> 00:02:32.175
  • That order. or perhaps a gluten-free
  • 00:02:32.175 --> 00:02:34.744
  • Whoopie cushion.
  • 00:02:34.744 --> 00:02:37.113
  • It's made from the finest of pig lung. [flatulence]
  • 00:02:37.113 --> 00:02:39.382
  • - cousins of cousins and all of their cousins all
  • 00:02:39.382 --> 00:02:41.751
  • Lived close to form farming communities who
  • 00:02:41.751 --> 00:02:44.988
  • Relied on each other to survive.
  • 00:02:44.988 --> 00:02:47.123
  • People hit the sack when the sun went down and
  • 00:02:47.123 --> 00:02:49.259
  • Started the day by rooster.
  • 00:02:49.259 --> 00:02:51.561
  • [rooster crows] - early to bed
  • 00:02:51.561 --> 00:02:52.795
  • And early to rise and makes a man healthy, wealthy,
  • 00:02:52.795 --> 00:02:55.632
  • And wise. - unless the crops fail or
  • 00:02:55.632 --> 00:02:59.235
  • They raise tariffs. - or you lose status and
  • 00:02:59.235 --> 00:03:03.139
  • Power because you're just a simple farmer and don't
  • 00:03:03.139 --> 00:03:05.208
  • Control social, economic, and political
  • 00:03:05.208 --> 00:03:06.976
  • Systems anymore.
  • 00:03:06.976 --> 00:03:08.978
  • - curse you, industrialization!
  • 00:03:08.978 --> 00:03:12.949
  • - in the mid 1800s, europe created
  • 00:03:12.949 --> 00:03:14.984
  • The first wave of industrialization.
  • 00:03:14.984 --> 00:03:17.754
  • This brought machine labor to the farm.
  • 00:03:17.754 --> 00:03:21.491
  • Centuries old family farms just couldn't
  • 00:03:21.491 --> 00:03:23.760
  • Compete with big ag.
  • 00:03:23.760 --> 00:03:26.596
  • Sound familiar?
  • 00:03:26.596 --> 00:03:27.563
  • And this was like way back then.
  • 00:03:27.563 --> 00:03:31.534
  • Pretty soon the same exact thing started
  • 00:03:32.468 --> 00:03:34.337
  • Happening in america.
  • 00:03:34.337 --> 00:03:36.372
  • [blows whistle] - lunch break!
  • 00:03:36.372 --> 00:03:41.477
  • You ever think about life back on the farm?
  • 00:03:42.445 --> 00:03:45.315
  • - no. i don't remember that at all.
  • 00:03:45.315 --> 00:03:47.250
  • - me too.
  • 00:03:47.250 --> 00:03:49.252
  • [blows whistle] - back to work!
  • 00:03:49.252 --> 00:03:51.788
  • - americans moved to the big city to find new
  • 00:03:51.788 --> 00:03:54.724
  • Types of work and this changed american
  • 00:03:54.724 --> 00:03:57.427
  • Life forever.
  • 00:03:57.427 --> 00:03:59.829
  • We traded animals and soil for factory floors
  • 00:03:59.829 --> 00:04:03.266
  • And steam-powered machines.
  • 00:04:03.266 --> 00:04:05.034
  • Work was hard.
  • 00:04:05.034 --> 00:04:06.602
  • Hours were long.
  • 00:04:06.602 --> 00:04:08.071
  • No such thing as hump day, and nobody was working
  • 00:04:08.071 --> 00:04:11.107
  • For the weekend.
  • 00:04:11.107 --> 00:04:12.475
  • - what on earth is a weekend?
  • 00:04:12.475 --> 00:04:16.079
  • - i don't know.
  • 00:04:16.079 --> 00:04:18.981
  • - but here's the silver lining.
  • 00:04:18.981 --> 00:04:20.650
  • Wealth began to emerge across the board. instead
  • 00:04:20.650 --> 00:04:24.520
  • Of selling what you grew or what made, never
  • 00:04:24.520 --> 00:04:27.290
  • Really sure of your profits,
  • 00:04:27.290 --> 00:04:29.258
  • The new game for the 99% was industrialized wage
  • 00:04:29.258 --> 00:04:32.628
  • Labor, aka, hourly wages like we have today.
  • 00:04:32.628 --> 00:04:38.101
  • [blows whistle] - payday!
  • 00:04:38.101 --> 00:04:41.537
  • - what is that?
  • 00:04:41.537 --> 00:04:42.839
  • - it's called a paycheck.
  • 00:04:42.839 --> 00:04:45.007
  • - you mean i get one of these for every hour
  • 00:04:45.007 --> 00:04:47.443
  • I do this, even if all the work ain't done yet?
  • 00:04:47.443 --> 00:04:50.346
  • I don't get it.
  • 00:04:50.346 --> 00:04:52.448
  • - you'll get one every other tuesday.
  • 00:04:52.448 --> 00:04:54.817
  • - i'm in. - this new economy, cities
  • 00:04:54.817 --> 00:04:58.621
  • Boomed. economic gain was the new name of the game
  • 00:04:58.621 --> 00:05:02.024
  • In america.
  • 00:05:02.024 --> 00:05:04.827
  • ♪♪
  • 00:05:04.827 --> 00:05:11.968
  • Americans of all classes could now participate in
  • 00:05:11.968 --> 00:05:14.003
  • The crazy, risk-filled art of making money.
  • 00:05:14.003 --> 00:05:18.007
  • Anyone could roll the dice and they did.
  • 00:05:18.007 --> 00:05:21.210
  • Let me set up the game for you.
  • 00:05:21.210 --> 00:05:24.380
  • In appalachia, there was coal-to-power trains in
  • 00:05:24.480 --> 00:05:26.349
  • The emerging electric grid. in the north, there
  • 00:05:26.349 --> 00:05:28.584
  • Was iron for building trains and skyscrapers.
  • 00:05:28.584 --> 00:05:32.388
  • Back east there was oil to fuel the economy and
  • 00:05:32.388 --> 00:05:35.491
  • As always out west the promise of gold.
  • 00:05:35.491 --> 00:05:39.028
  • ♪♪ [applause]
  • 00:05:39.028 --> 00:05:46.102
  • - thank you, thank you, thank you.
  • 00:05:46.102 --> 00:05:48.204
  • Oh, i'll kiss that baby afterwards.
  • 00:05:48.204 --> 00:05:50.706
  • Hello and welcome to the capitalist game. [dinging]
  • 00:05:50.706 --> 00:05:52.942
  • It is now time to meet our four clever and
  • 00:05:52.942 --> 00:05:55.244
  • Confident tycoons as they try to dominate the
  • 00:05:55.244 --> 00:05:57.280
  • Nation's economy and become the richest man
  • 00:05:57.280 --> 00:05:59.982
  • In america.
  • 00:05:59.982 --> 00:06:01.384
  • Here they are.
  • 00:06:01.384 --> 00:06:03.152
  • - so what were the rules to this new game?
  • 00:06:03.152 --> 00:06:05.188
  • Well, as it turns out, there were hardly any.
  • 00:06:05.188 --> 00:06:10.493
  • - our first contestant today is tycoon number one,
  • 00:06:10.493 --> 00:06:12.829
  • Step on up.
  • 00:06:12.829 --> 00:06:13.996
  • He is a self-made shipping magnate.
  • 00:06:13.996 --> 00:06:16.232
  • But don't think jeff bezos. this poor kid from
  • 00:06:16.232 --> 00:06:18.434
  • Staten island followed in his ferry boat captain
  • 00:06:18.434 --> 00:06:20.336
  • Father's footsteps and bought his first boat
  • 00:06:20.336 --> 00:06:22.638
  • With a hundred dollar loan when he was just
  • 00:06:22.638 --> 00:06:24.207
  • A teenager,
  • 00:06:24.207 --> 00:06:25.208
  • Cornelius vanderbilt.
  • 00:06:25.208 --> 00:06:27.176
  • - and when i say hardly any, i'm talking an
  • 00:06:27.176 --> 00:06:29.278
  • Unregulated stock market,
  • 00:06:29.278 --> 00:06:30.947
  • Loads of money, corrupt entrepreneurs.
  • 00:06:30.947 --> 00:06:33.749
  • I mean, what could go wrong?
  • 00:06:33.749 --> 00:06:36.252
  • Now, when vanderbilt first entered the game,
  • 00:06:36.252 --> 00:06:38.921
  • He only had one homemade wooden boat.
  • 00:06:38.921 --> 00:06:41.824
  • But in just a few short years, he controlled a
  • 00:06:41.824 --> 00:06:44.527
  • Fleet of sailing ships that ferried cargo and
  • 00:06:44.527 --> 00:06:47.396
  • Passengers from state to state.
  • 00:06:47.396 --> 00:06:48.931
  • Vanderbilt's next move was to go from regional
  • 00:06:48.931 --> 00:06:51.234
  • Steamboats on rivers and stuff to ocean-going
  • 00:06:51.234 --> 00:06:54.370
  • Steamships out on the big blue.
  • 00:06:54.370 --> 00:06:57.139
  • This dude was so full of ships that he left his
  • 00:06:57.139 --> 00:06:59.542
  • Competitors drowning in his one-percenter wake.
  • 00:06:59.542 --> 00:07:03.145
  • But then vanderbilt saw the future, a new wave of
  • 00:07:03.145 --> 00:07:06.516
  • Transportation that actually had nothing to
  • 00:07:06.516 --> 00:07:09.051
  • Do with waves.
  • 00:07:09.051 --> 00:07:10.887
  • Trains.
  • 00:07:10.887 --> 00:07:12.054
  • - give me some of that choo-choo action. hoo hoo!
  • 00:07:12.054 --> 00:07:14.490
  • - and let's begin.
  • 00:07:14.490 --> 00:07:16.859
  • - vanderbilt landed in railway transportation,
  • 00:07:16.859 --> 00:07:19.362
  • And so did a whole lot of other shady
  • 00:07:19.362 --> 00:07:20.930
  • Wall street players.
  • 00:07:20.930 --> 00:07:22.598
  • Competition was intense.
  • 00:07:22.598 --> 00:07:25.568
  • - roll 'em, boys.
  • 00:07:25.568 --> 00:07:27.637
  • - yes.
  • 00:07:27.637 --> 00:07:29.338
  • Some for me.
  • 00:07:29.338 --> 00:07:30.773
  • None for you.
  • 00:07:30.773 --> 00:07:32.308
  • More for me.
  • 00:07:32.308 --> 00:07:33.576
  • None more for you. [laughter]
  • 00:07:33.576 --> 00:07:36.412
  • - in the end, vanderbilt was victorious, but the
  • 00:07:36.412 --> 00:07:38.848
  • Financial schemes and weaponry that they
  • 00:07:38.848 --> 00:07:41.250
  • Created along the way ruined thousands of investors.
  • 00:07:41.250 --> 00:07:45.621
  • At this stage in the game in 1866, vanderbilt's net
  • 00:07:45.621 --> 00:07:48.958
  • Worth is nearly $30 million.
  • 00:07:48.958 --> 00:07:52.328
  • - you gentlemen want some of this?
  • 00:07:52.328 --> 00:07:54.297
  • Too bad it's all mine.
  • 00:07:54.297 --> 00:07:57.066
  • - he is officially the richest man in america.
  • 00:07:57.066 --> 00:08:01.337
  • - congratulations.
  • 00:08:01.337 --> 00:08:02.438
  • You are the richest man in america.
  • 00:08:02.438 --> 00:08:06.142
  • [giddy laugher]
  • 00:08:06.142 --> 00:08:08.945
  • - by now, vanderbilt was 72 years old, but still
  • 00:08:08.945 --> 00:08:12.081
  • In the game.
  • 00:08:12.081 --> 00:08:13.049
  • And again, this not so spring chicken saw
  • 00:08:13.049 --> 00:08:16.252
  • The future.
  • 00:08:16.252 --> 00:08:17.620
  • - i'm going to control america's entire
  • 00:08:17.620 --> 00:08:19.956
  • Transportation network.
  • 00:08:19.956 --> 00:08:21.824
  • - bold move, commodore.
  • 00:08:21.824 --> 00:08:22.458
  • Bold move.
  • 00:08:22.458 --> 00:08:24.093
  • - new york city was the country's largest and
  • 00:08:24.093 --> 00:08:25.962
  • Busiest port with only one rail bridge in and out.
  • 00:08:25.962 --> 00:08:30.700
  • And guess who on that bridge?
  • 00:08:30.700 --> 00:08:33.603
  • - i want to hear you say it.
  • 00:08:33.603 --> 00:08:36.973
  • - together: cornelius vanderbilt.
  • 00:08:36.973 --> 00:08:41.377
  • - way before aol took over time warner, or
  • 00:08:41.377 --> 00:08:44.180
  • Facebook took over instagram, whatsapp,
  • 00:08:44.180 --> 00:08:47.016
  • Oculus, and all the other ones,
  • 00:08:47.016 --> 00:08:48.951
  • Vanderbilt basically invented the move, the
  • 00:08:48.951 --> 00:08:52.688
  • Hostile takeover, like a hundred years ago.
  • 00:08:52.688 --> 00:08:56.092
  • And here's how he did it.
  • 00:08:56.092 --> 00:08:57.893
  • Vanderbilt closes this bridge he owns and blocks
  • 00:08:57.893 --> 00:09:00.596
  • All cargo coming into new york city.
  • 00:09:00.596 --> 00:09:03.366
  • His rivals lost millions of dollars.
  • 00:09:03.366 --> 00:09:06.702
  • So what they had to do was quickly sell off
  • 00:09:06.702 --> 00:09:09.005
  • Their stock.
  • 00:09:09.005 --> 00:09:10.373
  • Wall street gets a wind of it, and the stock
  • 00:09:10.373 --> 00:09:12.675
  • Market goes into a free fall.
  • 00:09:12.675 --> 00:09:14.877
  • Horrible news for the rest of the united states.
  • 00:09:14.877 --> 00:09:17.680
  • But great news for vanderbilt.
  • 00:09:17.680 --> 00:09:19.782
  • - is this where i stand?
  • 00:09:19.782 --> 00:09:21.217
  • Oh, just exactly right there.
  • 00:09:21.217 --> 00:09:23.119
  • It's perfect.
  • 00:09:23.119 --> 00:09:24.020
  • - what do i win?
  • 00:09:24.020 --> 00:09:25.921
  • - you didn't win.
  • 00:09:25.921 --> 00:09:28.491
  • - oh! [giddy laugher]
  • 00:09:28.491 --> 00:09:29.959
  • - what happens when you own half the nation's
  • 00:09:29.959 --> 00:09:33.462
  • Rail lines, the only cargo bridge, and then
  • 00:09:33.462 --> 00:09:36.666
  • You decide to build grand central station just to
  • 00:09:36.666 --> 00:09:39.969
  • Bring together three other rail lines that you
  • 00:09:39.969 --> 00:09:42.271
  • Also happen to own?
  • 00:09:42.271 --> 00:09:44.440
  • But the other 99% of people start to wonder.
  • 00:09:44.440 --> 00:09:49.378
  • ♪♪
  • 00:09:49.378 --> 00:09:52.581
  • But here's the thing, cornelius the commodore
  • 00:09:52.581 --> 00:09:54.383
  • Vanderbilt wasn't the only guy in the game with
  • 00:09:54.383 --> 00:09:57.620
  • Monopoly money.
  • 00:09:57.620 --> 00:09:59.789
  • - thank you, cornelius.
  • 00:09:59.789 --> 00:10:00.956
  • And now it's time for contestant number two.
  • 00:10:00.956 --> 00:10:03.859
  • He is going to give vanderbilt a run for
  • 00:10:03.859 --> 00:10:05.828
  • His money.
  • 00:10:05.828 --> 00:10:07.029
  • He always wanted to be in the music biz. meet high
  • 00:10:07.029 --> 00:10:09.231
  • School dropout, jd rockefeller.
  • 00:10:09.231 --> 00:10:11.834
  • - i like to play and i play to win.
  • 00:10:11.834 --> 00:10:14.470
  • Step aside boys.
  • 00:10:14.470 --> 00:10:15.571
  • Jd's about to rock you fellas.
  • 00:10:15.571 --> 00:10:20.276
  • - let's play. - with no high school diploma,
  • 00:10:20.276 --> 00:10:23.212
  • One college level business class, and a bookkeeping job
  • 00:10:23.212 --> 00:10:26.348
  • Under his belt,
  • 00:10:26.348 --> 00:10:27.483
  • Jd rockefeller rolled the dice on some pretty basic
  • 00:10:27.483 --> 00:10:30.553
  • Everyday enterprises like meat, hay, and grains.
  • 00:10:30.553 --> 00:10:35.024
  • But it didn't take long for jd to realize that
  • 00:10:35.024 --> 00:10:37.326
  • The future was an oil production.
  • 00:10:37.326 --> 00:10:39.261
  • He built his first oil refinery at the age of 24.
  • 00:10:39.261 --> 00:10:43.299
  • - i don't know how much money i have, but i know
  • 00:10:43.299 --> 00:10:45.868
  • It's a lot.
  • 00:10:45.868 --> 00:10:47.470
  • - actual quote.
  • 00:10:47.470 --> 00:10:49.138
  • - but hold the roll.
  • 00:10:49.138 --> 00:10:52.274
  • Only a few years later, jd rockefeller was on the
  • 00:10:52.274 --> 00:10:53.743
  • Verge of bankruptcy.
  • 00:10:53.743 --> 00:10:56.078
  • And guess who comes knocking on
  • 00:10:56.078 --> 00:10:57.313
  • Rockefeller's door?
  • 00:10:57.313 --> 00:11:00.049
  • - i'm still in the game, boys.
  • 00:11:00.049 --> 00:11:02.318
  • - how is this even possible?
  • 00:11:02.318 --> 00:11:04.320
  • - you give me cheap oil, and i'll give you
  • 00:11:04.320 --> 00:11:06.889
  • Cheap shipping.
  • 00:11:06.889 --> 00:11:09.058
  • - how about an exclusive contract?
  • 00:11:09.058 --> 00:11:13.162
  • - yeah, it was vanderbilt himself, the
  • 00:11:13.262 --> 00:11:15.831
  • Commodore older than ever, but not about to
  • 00:11:15.831 --> 00:11:19.168
  • Turn in his token.
  • 00:11:19.168 --> 00:11:20.970
  • - and here's the roll.
  • 00:11:20.970 --> 00:11:23.606
  • Oh, would you look at that?
  • 00:11:23.706 --> 00:11:25.040
  • That's a pretty good number right there.
  • 00:11:25.040 --> 00:11:30.679
  • Say that sounds like a direct quote from me.
  • 00:11:31.680 --> 00:11:35.484
  • Because it is. - the only problem,
  • 00:11:35.484 --> 00:11:39.321
  • Jd rockefeller didn't produce that much oil
  • 00:11:39.321 --> 00:11:41.690
  • Yet, but our little son of a snake oil salesman
  • 00:11:41.690 --> 00:11:45.127
  • Wasn't about to under deliver.
  • 00:11:45.127 --> 00:11:47.129
  • He set out to see if he could find more oil and
  • 00:11:47.129 --> 00:11:49.198
  • He struck gold.
  • 00:11:49.198 --> 00:11:52.668
  • Black gold.
  • 00:11:52.668 --> 00:11:54.203
  • - there you go.
  • 00:11:54.203 --> 00:11:56.472
  • - on fire.
  • 00:11:56.472 --> 00:11:57.706
  • Hot dog. i think i'll drill another and maybe another.
  • 00:11:57.706 --> 00:12:00.910
  • And i hear there's oil down here by this cow.
  • 00:12:00.910 --> 00:12:04.213
  • That's right.
  • 00:12:04.213 --> 00:12:05.848
  • - in a very strategic move, rockefeller changed
  • 00:12:05.848 --> 00:12:08.284
  • His game to oil refining.
  • 00:12:08.284 --> 00:12:10.853
  • Others did the time consuming and
  • 00:12:10.853 --> 00:12:12.321
  • Unpredictable drilling.
  • 00:12:12.321 --> 00:12:13.856
  • And then all of them brought their oil to him
  • 00:12:13.856 --> 00:12:16.659
  • And standard oil was born.
  • 00:12:16.659 --> 00:12:19.295
  • Never heard of standard oil?
  • 00:12:19.295 --> 00:12:20.830
  • Well, i bet you have, except under its later
  • 00:12:20.830 --> 00:12:24.066
  • De-monopolized names like exxon,
  • 00:12:24.066 --> 00:12:27.970
  • Bp, mobil and chevron.
  • 00:12:27.970 --> 00:12:36.679
  • At the ripe old age of 33 years old,
  • 00:12:37.513 --> 00:12:41.050
  • Rockefeller owned 90% of the us oil market,
  • 00:12:41.050 --> 00:12:45.187
  • But he was known to play a pretty dirty game.
  • 00:12:45.187 --> 00:12:48.023
  • He once struck a deal with vanderbilt's rival
  • 00:12:48.023 --> 00:12:50.626
  • Andrew carnegie.
  • 00:12:50.626 --> 00:12:53.128
  • Rockefeller wanted to cut out the railroad middleman.
  • 00:12:53.128 --> 00:12:56.432
  • Why pay someone else to transport your oil
  • 00:12:56.432 --> 00:12:58.667
  • When you could just dig a trench,
  • 00:12:58.667 --> 00:13:00.269
  • Put a pipe in the ground and pipe your oil
  • 00:13:00.269 --> 00:13:02.271
  • From point a to point b?
  • 00:13:02.271 --> 00:13:04.273
  • And so the game was forever changed
  • 00:13:04.273 --> 00:13:06.909
  • With a single invention.
  • 00:13:06.909 --> 00:13:09.612
  • Pipelines. standard oil workers worked around the
  • 00:13:09.612 --> 00:13:13.015
  • Clock to create an oil pipeline between
  • 00:13:13.015 --> 00:13:15.718
  • Ohio and pennsylvania.
  • 00:13:15.718 --> 00:13:18.287
  • Guess what didn't matter anymore?
  • 00:13:18.287 --> 00:13:20.155
  • That's right, railroads.
  • 00:13:20.155 --> 00:13:23.492
  • Sorry vanderbilt.
  • 00:13:23.492 --> 00:13:25.127
  • This innovation cut out rail altogether and
  • 00:13:25.127 --> 00:13:28.330
  • Immediately bankrupted 89 of our country's 364
  • 00:13:28.330 --> 00:13:32.368
  • Railroad companies and caused the very first
  • 00:13:32.368 --> 00:13:35.905
  • Major stock market crash america had ever seen.
  • 00:13:35.905 --> 00:13:40.442
  • Rockefeller was winning big time,
  • 00:13:40.442 --> 00:13:42.878
  • But guess who was losing the most?
  • 00:13:42.878 --> 00:13:45.314
  • - hello boss lady.
  • 00:13:45.314 --> 00:13:46.649
  • I'm here to collect my paycheck.
  • 00:13:46.649 --> 00:13:48.450
  • - no paychecks today. we're bankrupt.
  • 00:13:48.450 --> 00:13:52.021
  • - where did all the money go?
  • 00:13:52.021 --> 00:13:54.123
  • - the one percenters.
  • 00:13:54.123 --> 00:13:56.458
  • - this was a devastating blow to the average
  • 00:13:56.458 --> 00:13:58.961
  • Everyday worker.
  • 00:13:58.961 --> 00:14:00.496
  • But like the 2020 pandemic,
  • 00:14:00.496 --> 00:14:02.865
  • The wealthy one percenters weren't really
  • 00:14:02.865 --> 00:14:05.367
  • Affected that much.
  • 00:14:05.367 --> 00:14:07.036
  • Rockefeller was now worth the equivalent of
  • 00:14:07.036 --> 00:14:09.104
  • 225 billion in today's dollars.
  • 00:14:09.104 --> 00:14:12.775
  • - not just the richest man in america,
  • 00:14:12.775 --> 00:14:14.877
  • The richest man in the world.
  • 00:14:14.877 --> 00:14:16.812
  • Bring it in.
  • 00:14:16.812 --> 00:14:19.114
  • [applause]
  • 00:14:19.114 --> 00:14:20.649
  • Congratulations rockefeller.
  • 00:14:20.649 --> 00:14:23.218
  • Now it's time to introduce tycoon number three.
  • 00:14:23.218 --> 00:14:26.188
  • Come on up.
  • 00:14:26.188 --> 00:14:27.823
  • Welcome the telegram delivery boy with little
  • 00:14:27.823 --> 00:14:30.159
  • To no education, who memorized the addresses
  • 00:14:30.159 --> 00:14:32.661
  • Of new york's rich and powerful for later reference.
  • 00:14:32.661 --> 00:14:35.431
  • Andrew carnegie.
  • 00:14:35.431 --> 00:14:38.000
  • - no man becomes rich unless he enriches others.
  • 00:14:38.000 --> 00:14:42.471
  • - actual quote.
  • 00:14:42.471 --> 00:14:44.573
  • - like our other tycoons,
  • 00:14:44.573 --> 00:14:46.342
  • Andrew carnegie also came from a poor family.
  • 00:14:46.342 --> 00:14:49.378
  • He worked his way up from a telegram delivery boy
  • 00:14:49.378 --> 00:14:52.648
  • To the personal secretary of a rail magnet to the
  • 00:14:52.648 --> 00:14:55.684
  • Superintendent of his own rail company.
  • 00:14:55.684 --> 00:14:59.121
  • But from the beginning, he always invested;
  • 00:14:59.121 --> 00:15:02.658
  • First in sleeping cars, then bridges, and then oil.
  • 00:15:02.658 --> 00:15:06.328
  • Carnegie had the midas monopoly touch and
  • 00:15:06.328 --> 00:15:09.131
  • Carnegie saw some big problems with the way his
  • 00:15:09.131 --> 00:15:12.201
  • Fellow tycoons were playing their game.
  • 00:15:12.201 --> 00:15:14.837
  • At the time, almost every bridge was made of wood,
  • 00:15:14.837 --> 00:15:18.340
  • But with carnegie steel, they'd be much stronger
  • 00:15:18.340 --> 00:15:21.110
  • And last much longer.
  • 00:15:21.110 --> 00:15:22.745
  • Some of these guys had been in the game so long
  • 00:15:22.745 --> 00:15:26.048
  • That they didn't seem to see the problem.
  • 00:15:26.048 --> 00:15:28.784
  • - oh, and we landed. pull that yellow card.
  • 00:15:28.784 --> 00:15:31.787
  • - i don't think it's for me.
  • 00:15:31.787 --> 00:15:33.655
  • - oh, hold on. lemme read that.
  • 00:15:33.655 --> 00:15:35.424
  • Oh, cornelius, you're dead.
  • 00:15:35.424 --> 00:15:38.427
  • - sorry buddy. you're out of the game.
  • 00:15:38.427 --> 00:15:42.197
  • - where am i going?
  • 00:15:42.731 --> 00:15:44.066
  • - let's just go this way,
  • 00:15:44.066 --> 00:15:45.267
  • - this way?
  • 00:15:45.267 --> 00:15:46.468
  • - everybody wanted carnegie steel and not just for
  • 00:15:46.468 --> 00:15:49.104
  • Railroads, but for buildings and warehouses,
  • 00:15:49.104 --> 00:15:52.508
  • Skyscrapers.
  • 00:15:52.508 --> 00:15:54.443
  • Urban america was exploding and
  • 00:15:54.443 --> 00:15:56.578
  • Everyone needed steel.
  • 00:15:56.578 --> 00:15:58.814
  • The steel needed to be transported on rail.
  • 00:15:58.814 --> 00:16:01.250
  • So the steel bearing carnegie and
  • 00:16:01.250 --> 00:16:02.918
  • The rail magnets worked secret handshake deals,
  • 00:16:02.918 --> 00:16:06.055
  • Which is totally illegal, by the way,
  • 00:16:06.055 --> 00:16:08.824
  • Instead of free market competition, which is legal.
  • 00:16:08.824 --> 00:16:12.294
  • But in 1890, the sherman antitrust act is passed
  • 00:16:12.294 --> 00:16:17.866
  • And it's a total game changer.
  • 00:16:17.866 --> 00:16:21.470
  • - the sherman antitrust act of 1890,
  • 00:16:21.470 --> 00:16:25.274
  • One of my favorite recipes.
  • 00:16:25.274 --> 00:16:27.176
  • It's soft and moist, and it has a special
  • 00:16:27.176 --> 00:16:29.912
  • Ingredient that makes monopolizing illegal.
  • 00:16:29.912 --> 00:16:33.949
  • Let's see how those boys liked it.
  • 00:16:33.949 --> 00:16:40.656
  • - no, i can't keep it down!
  • 00:16:41.390 --> 00:16:43.125
  • - yeah, i don't know if i can--
  • 00:16:43.125 --> 00:16:44.093
  • - shut up and eat the cake, jd.
  • 00:16:44.093 --> 00:16:46.161
  • - ladies and gentlemen, antitrust.
  • 00:16:46.161 --> 00:16:48.797
  • - antitrust works for uncle sam.
  • 00:16:48.797 --> 00:16:50.866
  • That's right. 99% of us citizens rely on me to defend
  • 00:16:50.866 --> 00:16:55.637
  • Them against monopolizing tycoons who, bless their
  • 00:16:55.637 --> 00:16:59.074
  • Poor little capitalist hearts, prey on good
  • 00:16:59.074 --> 00:17:02.211
  • American citizens. price gouging, supply and
  • 00:17:02.211 --> 00:17:05.347
  • Demand, stock market manipulation,
  • 00:17:05.347 --> 00:17:07.483
  • Anything any demand in industry will do to harm
  • 00:17:07.483 --> 00:17:10.752
  • Honest and hardworking citizens and taxpayers,
  • 00:17:10.752 --> 00:17:14.223
  • Well, antitrust has something special for them.
  • 00:17:14.223 --> 00:17:16.959
  • Just ask bill gates. isn't that right, eddie?
  • 00:17:16.959 --> 00:17:19.161
  • - that's right. - back to you, cody.
  • 00:17:19.161 --> 00:17:22.431
  • - moral of the story...
  • 00:17:22.431 --> 00:17:23.899
  • You really don't want to mess with
  • 00:17:23.899 --> 00:17:25.701
  • Sherman antitrust laws.
  • 00:17:25.701 --> 00:17:33.442
  • - and now, our fourth and final tycoon.
  • 00:17:34.343 --> 00:17:38.814
  • - now, our last tycoon actually came from wealth.
  • 00:17:38.814 --> 00:17:41.150
  • He followed his dad in the banking business.
  • 00:17:41.150 --> 00:17:43.118
  • His uncle wrote jingle bells and founded
  • 00:17:43.118 --> 00:17:45.053
  • Yale university.
  • 00:17:45.053 --> 00:17:46.555
  • And unlike jeff bezos does not like to be
  • 00:17:46.555 --> 00:17:48.590
  • Photographed. jp morgan!
  • 00:17:48.590 --> 00:17:51.727
  • - well, alright.
  • 00:17:51.727 --> 00:17:53.328
  • - before long, morgan became the most powerful
  • 00:17:53.328 --> 00:17:56.031
  • Banker in his era.
  • 00:17:56.031 --> 00:17:58.033
  • The united states had no central bank at the time.
  • 00:17:58.033 --> 00:18:01.136
  • It was actually jp morgan who bailed out
  • 00:18:01.136 --> 00:18:03.505
  • Uncle sam twice.
  • 00:18:03.505 --> 00:18:06.708
  • He supplied the gold to the us treasury
  • 00:18:06.708 --> 00:18:10.012
  • When they ran out.
  • 00:18:10.012 --> 00:18:11.813
  • So how did the average everyday american
  • 00:18:11.813 --> 00:18:14.750
  • Feel about this?
  • 00:18:14.750 --> 00:18:17.786
  • - yes, yes, yes! - we're saved!
  • 00:18:17.786 --> 00:18:22.457
  • - then it dawned on them this was way too much
  • 00:18:22.457 --> 00:18:25.561
  • Financial power for one man.
  • 00:18:25.561 --> 00:18:27.896
  • - that's a lot of power for one person to have.
  • 00:18:27.896 --> 00:18:31.667
  • Gives me bill gates and mark zuckerberg vibes.
  • 00:18:31.667 --> 00:18:36.071
  • - this was way too much financial power for one guy,
  • 00:18:36.071 --> 00:18:39.107
  • One chubby, bald, mustached,
  • 00:18:39.107 --> 00:18:41.243
  • Top hat and bow tie wearing dude.
  • 00:18:41.243 --> 00:18:43.712
  • That's gotta be a coincidence, right?
  • 00:18:43.712 --> 00:18:50.752
  • - enter william jennings bryan,
  • 00:18:51.553 --> 00:18:53.722
  • A politician going after the monopolies of
  • 00:18:53.722 --> 00:18:56.358
  • Morgan, carnegie and rockefeller.
  • 00:18:56.358 --> 00:18:58.961
  • - uh-oh, looks like our tycoons have a problem.
  • 00:18:58.961 --> 00:19:01.730
  • - okay, tycoons,
  • 00:19:01.730 --> 00:19:03.131
  • The only solution is to buy the presidency.
  • 00:19:03.131 --> 00:19:06.568
  • - well, how much is that going to cost?
  • 00:19:06.568 --> 00:19:08.303
  • - just all of your integrity.
  • 00:19:08.303 --> 00:19:10.005
  • - that's it? i'm in.
  • 00:19:10.005 --> 00:19:12.140
  • - me too. - me three.
  • 00:19:12.140 --> 00:19:13.408
  • - hey, aren't you dead?
  • 00:19:13.408 --> 00:19:15.377
  • - i'm with you in spirit.
  • 00:19:15.377 --> 00:19:17.279
  • - with a combined net worth of a trillion dollars,
  • 00:19:17.279 --> 00:19:20.549
  • Why not?
  • 00:19:20.549 --> 00:19:22.517
  • Well, because that's not democracy.
  • 00:19:22.517 --> 00:19:24.953
  • And anti-monopoly bryan was playing the game
  • 00:19:24.953 --> 00:19:27.222
  • For the common man.
  • 00:19:27.222 --> 00:19:29.124
  • You know, us 99 percenters.
  • 00:19:29.124 --> 00:19:32.461
  • The three big tycoons threw their weight
  • 00:19:32.461 --> 00:19:34.863
  • Behind president mckinley's second term.
  • 00:19:34.863 --> 00:19:37.466
  • And bryan toured the country.
  • 00:19:37.466 --> 00:19:39.901
  • He made over 500 speeches to crowds from coast to
  • 00:19:39.901 --> 00:19:42.571
  • Coast, but in spite of all his efforts on behalf of
  • 00:19:42.571 --> 00:19:45.707
  • The common man, mckinley still won.
  • 00:19:45.707 --> 00:19:49.411
  • And after the election, our tycoons did not
  • 00:19:49.411 --> 00:19:51.747
  • Remain chummy for long.
  • 00:19:51.747 --> 00:19:53.448
  • It was back to the same raging rival shenanigans.
  • 00:19:53.448 --> 00:19:57.352
  • - mama needs a new pair of shoes!
  • 00:19:57.352 --> 00:20:00.889
  • - rockefeller was racing carnegie
  • 00:20:00.889 --> 00:20:02.658
  • For an iron deposit.
  • 00:20:02.658 --> 00:20:04.559
  • So carnegie decides to buy out rockefeller.
  • 00:20:04.559 --> 00:20:08.163
  • Meanwhile, jp morgan was going after carnegie steel.
  • 00:20:08.163 --> 00:20:12.701
  • So who won?
  • 00:20:12.701 --> 00:20:16.705
  • Well, in a way, they all did.
  • 00:20:17.472 --> 00:20:19.808
  • You see in 1901, andrew carnegie was playing golf
  • 00:20:19.808 --> 00:20:23.812
  • Like a typical one percenter.
  • 00:20:23.812 --> 00:20:25.681
  • And his right hand man, charles schwab,
  • 00:20:25.681 --> 00:20:28.583
  • Another famous financial name was his
  • 00:20:28.583 --> 00:20:30.585
  • Caddy for the day.
  • 00:20:30.585 --> 00:20:32.387
  • But caddy schwab had a little side gig
  • 00:20:32.387 --> 00:20:34.990
  • In the works.
  • 00:20:34.990 --> 00:20:36.258
  • He was scheming with jp morgan to buy out carnegie.
  • 00:20:36.258 --> 00:20:39.628
  • So he teed up the question.
  • 00:20:39.628 --> 00:20:42.030
  • Suppose morgan wanted to buy your company,
  • 00:20:42.030 --> 00:20:45.500
  • What would be your price?
  • 00:20:45.500 --> 00:20:47.269
  • That's like someone asking to buy google or
  • 00:20:47.269 --> 00:20:49.371
  • Microsoft or amazon.
  • 00:20:49.371 --> 00:20:52.174
  • Carnegie wrote down an amount he thought morgan
  • 00:20:52.174 --> 00:20:54.476
  • Would never agree to.
  • 00:20:54.476 --> 00:20:56.478
  • - congratulations mr. carnegie,
  • 00:20:56.478 --> 00:20:58.447
  • You are the current winner of the capitalist
  • 00:20:58.447 --> 00:21:00.015
  • Game and the richest man in the world!
  • 00:21:00.015 --> 00:21:03.652
  • - jp morgan got what he wanted,
  • 00:21:03.652 --> 00:21:05.387
  • The largest corporation in the world.
  • 00:21:05.387 --> 00:21:07.489
  • And carnegie got what he wanted.
  • 00:21:07.489 --> 00:21:09.958
  • Finally, beating rockefeller,
  • 00:21:09.958 --> 00:21:12.127
  • Not to mention a sales price equivalent
  • 00:21:12.127 --> 00:21:14.663
  • To $13 billion today.
  • 00:21:14.663 --> 00:21:17.132
  • - hold up players. the game's not over yet.
  • 00:21:17.132 --> 00:21:19.201
  • There's one more mystery tycoon that wants
  • 00:21:19.201 --> 00:21:21.103
  • A piece of the action.
  • 00:21:21.103 --> 00:21:22.738
  • - nah, nah, this game's over. i won already.
  • 00:21:22.738 --> 00:21:25.774
  • - bring him in. i'd like to meet him.
  • 00:21:25.774 --> 00:21:27.676
  • - no one's going to beat me. i'll tell you that.
  • 00:21:27.676 --> 00:21:29.511
  • - he's a trust busting self-made cowboy soldier
  • 00:21:29.511 --> 00:21:31.980
  • With a nobel peace prize and
  • 00:21:31.980 --> 00:21:33.382
  • A degree from harvard.
  • 00:21:33.382 --> 00:21:34.716
  • He's big on wildlife conservation and free
  • 00:21:34.716 --> 00:21:37.052
  • National parks for everyone.
  • 00:21:37.052 --> 00:21:38.487
  • And he's homeschooled.
  • 00:21:38.487 --> 00:21:41.890
  • It was me. [crowd gasps]
  • 00:21:41.890 --> 00:21:46.128
  • - vice president theodore "teddy" roosevelt was
  • 00:21:46.128 --> 00:21:48.897
  • A man of honor who couldn't be bought.
  • 00:21:48.897 --> 00:21:52.200
  • - no man is above the law.
  • 00:21:52.200 --> 00:21:56.071
  • Actual quote by me.
  • 00:21:56.071 --> 00:21:59.875
  • - and when mckinley was assassinated
  • 00:22:00.709 --> 00:22:02.377
  • A few months into his second term,
  • 00:22:02.377 --> 00:22:04.179
  • The tycoons had to deal with
  • 00:22:04.179 --> 00:22:06.748
  • President teddy roosevelt.
  • 00:22:06.748 --> 00:22:10.419
  • President roosevelt took the antitrust act and
  • 00:22:10.419 --> 00:22:13.088
  • Went after our one percenters.
  • 00:22:13.088 --> 00:22:19.594
  • - well, it took me a while to get the recipe right.
  • 00:22:20.662 --> 00:22:22.631
  • It was a little tricky, but i finally got it.
  • 00:22:22.631 --> 00:22:25.100
  • - what kind of pie is it?
  • 00:22:25.100 --> 00:22:26.835
  • - it looks cherry. - apple would be nice.
  • 00:22:26.835 --> 00:22:28.937
  • - no. humble pie.
  • 00:22:28.937 --> 00:22:30.672
  • - oh, no thanks. i'm actually watching my figure.
  • 00:22:30.672 --> 00:22:33.909
  • - the roosevelt administration sued jp morgan
  • 00:22:33.909 --> 00:22:37.179
  • Personally and then went after standard oil.
  • 00:22:37.179 --> 00:22:40.415
  • The tycoons were shocked, but roosevelt still
  • 00:22:40.415 --> 00:22:43.618
  • Had another move.
  • 00:22:43.618 --> 00:22:45.187
  • And this one changed the game for everyone.
  • 00:22:45.187 --> 00:22:48.290
  • - hello boss lady.
  • 00:22:48.290 --> 00:22:49.558
  • I'm here to collect my paycheck.
  • 00:22:49.558 --> 00:22:51.460
  • - great, here it is.
  • 00:22:51.460 --> 00:22:53.228
  • - i'm in the money!
  • 00:22:53.228 --> 00:22:57.766
  • What happened?
  • 00:22:57.766 --> 00:22:59.167
  • - income tax.
  • 00:22:59.167 --> 00:23:01.470
  • - so is it really the 1% versus the 99%?
  • 00:23:01.470 --> 00:23:05.307
  • Yes and no.
  • 00:23:05.307 --> 00:23:07.542
  • Today there are people very eager to tell you
  • 00:23:07.542 --> 00:23:09.711
  • The evils of capitalism.
  • 00:23:09.711 --> 00:23:12.080
  • But if you look throughout history,
  • 00:23:12.080 --> 00:23:13.815
  • There just aren't any other sustainable
  • 00:23:13.815 --> 00:23:16.351
  • Economic models that have created more wealth and
  • 00:23:16.351 --> 00:23:19.421
  • Lifted more everyday people out of poverty.
  • 00:23:19.421 --> 00:23:22.257
  • I mean, seriously.
  • 00:23:22.257 --> 00:23:24.125
  • How many people do you know that are begging to
  • 00:23:24.125 --> 00:23:25.827
  • Live in communist china?
  • 00:23:25.827 --> 00:23:28.830
  • While it's easy to point out the flaws of the 1%,
  • 00:23:28.830 --> 00:23:32.234
  • They're also capable of doing a lot of good.
  • 00:23:32.234 --> 00:23:35.370
  • - you can't give away money if you don't got any.
  • 00:23:35.370 --> 00:23:39.207
  • - take the guys that we've talked about today,
  • 00:23:39.207 --> 00:23:40.742
  • For example. at the time of his death,
  • 00:23:40.742 --> 00:23:42.811
  • Carnegie gave away $4.4 billion dollars.
  • 00:23:42.811 --> 00:23:46.181
  • - we got carnegie hall, carnegie schools,
  • 00:23:46.181 --> 00:23:49.150
  • Carnegie statues, carnegie libraries
  • 00:23:49.150 --> 00:23:52.521
  • In multiple locations, and we're expanding.
  • 00:23:52.521 --> 00:23:55.690
  • - carnegie's foundation model was followed by
  • 00:23:55.690 --> 00:23:58.393
  • Everyone, including rockefeller and jp morgan.
  • 00:23:58.393 --> 00:24:01.663
  • Together, they created centers of art in
  • 00:24:01.663 --> 00:24:04.533
  • Education like the rockefeller center,
  • 00:24:04.533 --> 00:24:07.335
  • The university of chicago and the met.
  • 00:24:07.335 --> 00:24:10.171
  • Together, they gave away the combined equivalent
  • 00:24:10.171 --> 00:24:13.041
  • Of $20 billion dollars today.
  • 00:24:13.041 --> 00:24:16.478
  • - it's not for us.
  • 00:24:16.478 --> 00:24:17.812
  • It's for the good of the world.
  • 00:24:17.812 --> 00:24:19.281
  • It's not about us, guys.
  • 00:24:19.281 --> 00:24:21.182
  • - that's still good though.
  • 00:24:21.182 --> 00:24:23.218
  • - alright, our names do go on the building, right?
  • 00:24:23.218 --> 00:24:26.621
  • - let's sum it up.
  • 00:24:26.621 --> 00:24:27.856
  • Unchecked monopolies... bad.
  • 00:24:27.856 --> 00:24:30.225
  • Better systems for the 1% and the 99% to
  • 00:24:30.225 --> 00:24:33.094
  • Lift everyone up... good.
  • 00:24:33.094 --> 00:24:36.998
  • That's way easier said than done,
  • 00:24:36.998 --> 00:24:38.767
  • And there's really no perfect game.
  • 00:24:38.767 --> 00:24:41.136
  • But maybe, just maybe, if we all work together,
  • 00:24:41.136 --> 00:24:45.040
  • We can always make this free market capitalist game
  • 00:24:45.040 --> 00:24:48.944
  • Fun for everyone,
  • 00:24:48.944 --> 00:24:51.413
  • You know, the 100 percenters.
  • 00:24:51.413 --> 00:24:54.916
  • We'll see you next time.
  • 00:24:54.916 --> 00:24:54.916