Billionaire Leon Cooperman choked up several times while discussing capitalism and expressing his concern that progressives "don't get it."

Billionaire Leon Cooperman was on the verge of tears while speaking about his concern about “the lefties” and their progressive outlook on capitalism.

“I’ve lived the American dream. I’m trying to convince people like [Senators] Elizabeth Warren, Bernie Sanders and AOC (Rep. Alexandria Ocasio-Cortez)—don’t move away from capitalism. Capitalism is the best system,” Cooperman said on CNBC’s Squawk Box on Friday while holding back tears. “I get choked up when I talk about it because basically, my father came to America at the age of 12 as a plumber’s apprentice. No education.”

“I went to public school in the Bronx, high school in the Bronx, college in the Bronx. I started my career in Wall Street the day after I got my MBA from Columbia. I had no money. I couldn’t afford a vacation. I made a lot of money. I’m giving it all back,” Cooperman said before co-anchor Rebecca Quick stepped in as he choked up.

“Giving it all back?” Give me a fucking break, asshole.

  • TokenBoomer @beehaw.org
    1·
    1 year ago

    You have such a limited understanding of everything you profess to know about. It’s disheartening. Read Marx. Read Kropotkin. Read Lenin. Read Mao. These people aren’t the demons capitalist want you to see them as. They weren’t perfect either. But reading The NY Times, Washington Post, Forbes, and Wall Street Journal aren’t gonna give you the full understanding of economics. Socialism can work, but capitalism won’t let it.

    • realitista
      1·
      1 year ago

      Read my post. I never made any of them out to be demons. I’m pretty far left on the spectrum myself.

      My only argument with any of those philosophies is that they are so hard to implement in the world that we live in. That if we try, I don’t believe we will end up anywhere near what they wanted, and that we will end with something a lot worse than what we have now, something much more like fascism.

      History bears this out pretty well. Now I know you will say “but those weren’t real Marxist Leninist implementations”. No, but they espoused to be in the beginning and degraded into something pretty close to fascism.

      That is my concern. Not that I think the original ideas are evil incarnate.