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Getting richer and richer. we'll just raise taxes on who work. >> i think you know and i cover microsoft for a long time. the biggest problem with regulating tech and industry. the government is totally clueless. by the time they decide to do something, the industry is so far ahead of them that they don't know. instagram and we talked about it on the show all the time. you get senator blumenthal with all due respect of the one exchange and facebook, have you guys cancelled finster. it's the thing that their kids have their private account. it's not a policy or a feature. senator blumenthal was

We are looking at five companies essentially dominating everything now. >> can i just really quickly jump in? one of the greatest stories i used to tell is a bunch of hippies from berkeley, they go to bill gates garage and they create microsoft and i would only say only in america microsoft is a monopoly, it's one of those powerful companies in the world because of a monopoly. it's crushing, by the way, it's not microsoft's fault. microsoft has the law on their side. they are crushing a thousand new microsof every single day because congress protects them and won't break them into a billion pi...

Experience. let's speak practically, if you are a real person living in this system because by the way france has capitalism and germany and denmark and they all have different outcomes. we have a lot of choice. it's not all or nothing. the question becomes practical if you are a new mother today with a business idea that could become a $30 million business but you can't get child care to get it off the ground in the first few years because this country like any others does not afford you that. is that capitalism? if you a person working at ibm because you have a business idea but you can't qu...

Calendar product but you can't get it off the ground because microsoft is going to murder your company, is that capitalism? >> the third one that you mentioned, i am not saying the first two are not problems but capitalism has thrived to spikes those challenges and limitations. it's the third one that you bring up. if you are innovative if you are smart and smart and if you have a good product than microsoft or amazon, you name the monopoly, they'll murder your company in the crib. by the way, instead of having that $300 million that's going to employ 300 people, they'll keep crushing you and ...