You have stated that American capitalism has grown so large that it has essentially eaten our democracy. What do you mean by that?
Co-founder & CEO at Lossdog
The concentration of wealth at the top has created corporate mega-caps like Nvidia and Apple that are larger than the gross domestic products of entire nations combined. Macroeconomic news, geopolitical conflicts, and political elections no longer move the markets because these corporate giants dominate all global capital flows. Capitalism has grown so massive that political democracy has become secondary to capital preservation. While the system remains resilient, the staggering top-heaviness of wealth poses a profound long-term risk.
This answer is part of a full interview with Tom Sosnoff, Co-founder & CEO at Lossdog.
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