Maher defends capitalism as better than 'reverse,' calls out Mamdani's socialist beliefs [FOX News]
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Source: FOX News
Comedian Bill Maher called out New York City Mayor Zohran Mamdani during his "Club Random" podcast Monday, saying that capitalism was "still better than the reverse," pointing to the mayor's democratic socialist beliefs. "I mean, you know, Jack Welch famously was the head of RCA for the longest time, and he's known as 'Chainsaw Jack,' I think," Maher said, speaking to actor Rob Riggle about capitalism. "He would every year fire the bottom 10% performing in the company. That was the mantra. You know, that was the operating procedure." "And so, even if you didn't do a terrible job, you know, it was always a game of musical chairs," Maher continued. "And there was nine seats and 10 people every year. I mean, that's — you wonder why people have heart attacks at 59. I mean, that's why." Welch was the CEO of General Electric (GE), which ultimately acquired RCA in the 1980s. Maher went on to say that capitalism was "terrible," but still better than the reverse. "Because that's wha
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