Abdul El-Sayed: “The biggest threat to capitalism was never the idea of government regulation. It was always monopoly.”

“You've got to be thinking about a solution in the right way when it comes to the question of socialism. I'm not a socialist. I'm just a capitalist who understands how capitalism works. The biggest threat to capitalism was never the idea of government regulation. It was always monopoly. I want you to think about the stuff that you have to buy, whether it's your groceries and the number of stores you can go to, or it's buying a flight to see your grandmother, or it's picking a phone or a phone provider.” (23:33–23:39)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.