Jeff Bezos says he gets why socialism is surging—but politicians blaming ‘greedy landlords’ have housing all wrong
Source: Fortune ·
A record 43% of Americans now view socialism favorably. The Amazon founder blames government policy for the housing crunch and holds up Austin, where rents have fallen, as proof that building more works.
From the source
Jeff Bezos says he understands why socialism is gaining traction in America. The affordability crisis is real, especially when it comes to housing. But the Amazon and Blue Origin founder argues that some politicians are blaming the wrong culprit. In an interview with Fox News’ Bret Baier that aired Wednesday on Special Report, Bezos said government intervention has often been counterproductive in housing, while some politicians point fingers at “greedy landlords” instead of addressing what he called a basic supply-and-demand problem. “It’s econ 101,” he said. In the same interview, Bezos predicted AI could usher in a three-day workweek, as Fortune reported. He has also argued that raising taxes on billionaires won’t fix affordability. Americans are growing more receptive to socialism, even as their views of big business sour. Capitalism still has broader appeal, with 55% of Americans viewing it positively, according to a Gallup poll released in September. But a record 43% now view…