back to indexMagatte Wade: Africa, Capitalism, Communism, and the Future of Humanity | Lex Fridman Podcast #311
Chapters
0:0 Introduction
0:40 Africa
29:33 Magatte's story
58:21 Corruption
79:46 Advice for young people
100:46 Identity
121:43 BLM
139:2 CRT and racism
169:16 African geopolitics
177:47 Overpopulation
196:33 Loss
00:00:09.360 |
If you have economic power, no one messes with you. 00:00:15.840 |
And when they do, they're gonna have to pay consequences. 00:00:18.640 |
- The following is a conversation with Magat Wade, 00:00:42.940 |
You have lived and traveled across the world. 00:00:45.480 |
So let me ask you, what is the soul of Senegal? 00:01:02.840 |
Wolof is a main indigenous language of Senegal. 00:01:07.840 |
That is what us, the people of Senegal, are known for. 00:01:32.920 |
make you feel like you're the only person in the world 00:01:35.320 |
and that we've been waiting for you our whole life. 00:01:39.360 |
- So that's for people in Senegal, people in Africa, 00:01:57.920 |
this understanding that especially the foreigner, 00:02:01.960 |
because the foreigner is coming from somewhere else. 00:02:03.760 |
So if someone has taken the time and the energy, 00:02:07.040 |
whether in a forced manner or because it's a choice 00:02:11.160 |
to travel so far to come to a place that's not theirs 00:02:14.840 |
to start with, that's probably foreigners again, 00:02:28.360 |
And I think this goes with the other way around. 00:02:45.560 |
So no, we don't have a fear towards a foreigner. 00:02:56.840 |
I mean, it's interesting how these kind of cultures emerge 00:02:59.120 |
'cause the Slavic countries are sometimes colder. 00:03:09.360 |
One of the reasons I fell in love with this place 00:03:11.160 |
when I showed up is there's that same hospitality 00:03:22.040 |
There's a hesitation to open up, to be fragile, 00:03:31.320 |
what I can gain from you kind of calculation. 00:03:35.760 |
And I wonder how those kinds of dynamics emerge 00:03:45.040 |
just radiate without knowing kindness from strangers. 00:03:59.520 |
then we went to New York, then we came to Austin. 00:04:06.360 |
but what I found in Austin, people just hang. 00:04:16.680 |
it's a destination for people who want to come and perform. 00:04:21.320 |
I think maybe the early San Francisco people, 00:04:30.520 |
and success comes in, then you attract a different breed. 00:04:47.240 |
And that's one of my worries about Austin too. 00:05:04.320 |
This is the early days of Silicon Valley in Austin. 00:05:07.120 |
And so you get a chance to build on top of this culture 00:05:11.600 |
that's already been here, of the weirdos, the artists, 00:05:31.760 |
And then you get a chance to build totally new ideas, 00:05:35.440 |
totally revolutionary ideas and make them a reality 00:05:40.320 |
I think Elon represents that with all the people 00:05:44.400 |
that kind of try to do the cutting edge stuff 00:05:58.120 |
Versus San Francisco, there's a cynicism a bit. 00:06:03.120 |
And also some of the interaction with strangers, 00:06:08.200 |
Like how good is this going to be for my career? 00:06:12.080 |
How can hanging out with this person can advance me? 00:06:14.560 |
You go to a party, you're seizing, they're seizing up. 00:06:22.520 |
And so this is what I would not wanna see here in Austin. 00:06:30.120 |
I really would like to see Austin not go the way 00:06:39.720 |
That's the one word you go with a French accent. 00:06:45.800 |
But you know, so now that you find that cute, 00:06:50.360 |
you're gonna have to forgive me when I mess up my English 00:06:55.240 |
So I always try to make sure people know that. 00:06:58.200 |
But you know, Lex, this is why I am very interested 00:07:05.480 |
because I wanna help her with what she's doing. 00:07:10.680 |
and her project, you know, with the housing project 00:07:16.800 |
that's affordable for people of all walks of lives. 00:07:20.480 |
If we can accomplish making sure that all walks of lives, 00:07:24.120 |
doesn't matter how little or big you're making money-wise, 00:07:32.080 |
then I think Austin stands a chance to really show the world 00:07:51.920 |
I absolutely would not wanna see Austin go away 00:07:58.640 |
that true diversity, not like the fluff, fluff, crap 00:08:03.680 |
because San Francisco likes to pride itself in, 00:08:09.280 |
But I'm like, if diversity for you means gender, 00:08:18.200 |
and you think check, check, check, check, check, 00:08:24.240 |
And that's the other problem I have with that place. 00:08:33.760 |
but everybody's also, there is this invisible, 00:08:43.360 |
that they all seem to have to stay on script. 00:08:46.080 |
- Yeah, there's a feeling like you're following 00:08:48.600 |
a certain kind of script that's very kind of shallow. 00:08:51.720 |
And there is a bit of a categorization going on. 00:08:55.800 |
And let's put this into a simple math equation 00:08:58.480 |
of what comes out, as opposed to just the free, open 00:09:01.560 |
embrace of people, the weirdos, the characters, 00:09:05.960 |
the interesting, the full, deep sense of diversity. 00:09:37.400 |
trying to increase how much it costs to live in Austin. 00:09:54.760 |
It's like to resist the force of the increasing price 00:10:05.160 |
And then in the same way, protecting the ability 00:10:15.400 |
when they don't get any money in their pocket. 00:10:49.960 |
But at least that's a word that people can understand. 00:10:52.120 |
We gotta stand for the lesser fortunate among us. 00:10:56.040 |
maybe oftentimes use the word, maybe the underdogs, 00:11:04.560 |
you're promoting policies that are actually gonna backfire 00:11:19.880 |
at the end of the day, it's the good old supply 00:11:35.160 |
remains lower than the demand of people who need, 00:11:38.800 |
especially affordable housing, housing altogether, 00:11:41.680 |
what's gonna happen is, scarcity, prices go up, 00:11:52.680 |
in the name of we care, don't engage their mind. 00:11:55.600 |
And a friend of mine said this, and he said it so well, 00:11:58.040 |
he said, "Having a heart for the poor, that's easy. 00:12:03.040 |
"Having a mind for the poor, that's the challenge." 00:12:06.440 |
And oftentimes, we all have a heart for the poor, 00:12:10.120 |
but when it comes then to, then what do we do 00:12:20.920 |
then that's where everything starts falling apart. 00:12:24.840 |
then they start pushing for policies, housing policies, 00:12:28.560 |
making it super hard for you to even renovate 00:12:30.840 |
or add one more story to your home or anything like that. 00:12:33.800 |
By doing that, you're messing up with the supply, 00:12:47.160 |
are going back to where all of this is taking place, 00:12:49.360 |
and they're going back to the regulation side. 00:12:51.280 |
And just like, I'm sure we'll talk about it here, 00:12:55.080 |
why is Africa the poorest region in the world? 00:13:07.000 |
for someone to build one more story to their home, 00:13:20.200 |
and among them, especially the lesser fortunate among us, 00:13:22.960 |
then we're starting to see a winning proposal, aren't we? 00:13:27.440 |
then all of a sudden you're pricing them out of a market. 00:13:30.400 |
So oftentimes when I see problems of this nature, 00:13:33.560 |
you can betcha that regulations and senseless laws 00:13:37.120 |
are the heart of it, and that's what they're tackling. 00:13:45.560 |
with people not understanding economic econ 101. 00:13:55.240 |
the fascinating way those kinds of things develop, 00:14:07.000 |
Africa is almost talked about like it's one country, 00:14:16.720 |
and in what ways is it many, many, many communities, 00:14:20.120 |
just from your perspective, in Senegal and beyond? 00:14:40.240 |
the foundation and the birth of the human race. 00:14:44.280 |
So from that standpoint, at the most basic level, 00:14:59.880 |
and eventually we started, we went for survival, 00:15:04.280 |
and some going up north, some going this way, that way, 00:15:22.680 |
I think at the National Geographic did that so well 00:15:30.280 |
But yeah, so at the very basic, most basic level, 00:15:40.800 |
especially here, I will group it into Black Africa, 00:15:50.560 |
of having gone through this terrible, horrible period 00:15:55.560 |
the whole continent being enslaved and colonized, 00:16:08.920 |
comes from esclav, slave, slavs, les slavs, right? 00:16:15.000 |
So the first slaves were actually people looking more 00:16:19.320 |
So, but we don't necessarily remember all of that 00:16:25.280 |
the closest to us in history of a big mass of people 00:16:42.000 |
but it certainly does for the former Soviet Union, 00:16:45.840 |
the countries that made up the former Soviet Union. 00:16:55.440 |
and empires using Africa, does that permeate the culture? 00:17:25.760 |
this is in Senegal, we call it the door of no return. 00:17:29.000 |
There is this one door, you're there in the slave house. 00:17:34.560 |
That's going to be the last time they see back home. 00:17:56.760 |
- Is there a resentment, because you mentioned hospitality. 00:18:00.920 |
- Is there a kind of resentment of the foreigner 00:18:07.080 |
There's many resources, there's powerful cultures. 00:18:14.080 |
- That's a way to see geopolitics in this modern world. 00:18:31.240 |
meaning like you have so many white people who can show up 00:18:38.720 |
And they think that in a way we're all still servants. 00:18:50.240 |
- And that can, the entitlement can take different forms. 00:19:04.760 |
You're going to be, you know, Lex, you're all composed. 00:19:06.680 |
So don't go there and make a fool of yourself. 00:19:17.840 |
So resentment, there's a dance between hospitality 00:19:22.640 |
So when you come in, you're you, you live your life. 00:19:26.800 |
And you treat me decently like you would treat a friend, 00:19:32.200 |
well, you and your ancestors have enslaved me. 00:19:38.200 |
Sometimes I'm in this country where I feel like that's, 00:19:45.480 |
Now, if you come, you have this nasty attitude. 00:19:48.560 |
You think you're still serving servants around. 00:20:10.520 |
when we have to be reminded of even the world, 00:20:14.640 |
you know, like all of these places that seem to constitute. 00:20:22.120 |
when I say they, it's primarily my Pan-African friends. 00:20:29.280 |
So the Pan-African movement goes way back when. 00:20:35.480 |
We're talking about, you know, way back when, 00:20:39.680 |
started in the '30s, going on all the way from there. 00:20:54.240 |
away from the colonies, because at that point, 00:20:56.640 |
there were still colonies, and dreaming up all of that. 00:20:59.440 |
So we're talking about people like Kwame Nkrumah of Ghana. 00:21:02.560 |
We're talking about Julius Nyerere of Tanzania, 00:21:06.920 |
and other people like that, Bandia of Malawi. 00:21:09.520 |
So anyway, so, and the African youth of today, 00:21:12.960 |
we're still hanging on to some of these ideas 00:21:16.840 |
and on some of these dreams of a reunited Africa. 00:21:19.880 |
So when you were talking about what seems to unite you, 00:21:25.200 |
meaning like we all feel like we're part of the same family. 00:21:31.640 |
there is definitely what we call a Pan-African movement. 00:21:34.400 |
And I very much myself, consider myself one of them. 00:21:38.360 |
I don't agree all the time with where we wanna go 00:21:41.280 |
and how we wanna go there, but not where we wanna go. 00:21:54.480 |
so this Pan-African, especially the Pan-African youth, 00:21:59.880 |
it's the youth in general in Africa, World Bank, UN, 00:22:03.920 |
all of these organizations that they tend to qualify 00:22:09.640 |
And it's not always a correct way to describe them, 00:22:14.480 |
And from that place, there is tons of resentment, 00:22:19.480 |
because for the longest time, these groups, organizations, 00:22:32.640 |
You see, when you go to a place like Senegal, 00:22:37.760 |
but we were one people, one group, one kingdom. 00:22:46.240 |
have you looked at how straight some of these borders are? 00:22:53.040 |
- No fancy robot, especially this one, it looks so cute. 00:22:56.640 |
So they have continued deciding what it would be 00:23:01.640 |
to be us, to live on our land, and how do we even progress? 00:23:12.000 |
They get to decide which type of even economic development 00:23:20.520 |
So from that standpoint, yes, there's a lot of resentment, 00:23:25.760 |
- Yeah, and it's interesting that the invader 00:23:33.320 |
I've seen that in Ukraine, in the invasion of Ukraine, 00:23:41.760 |
But the invasion really forced everyone to think 00:23:51.240 |
it allowed it to look at its history and its future. 00:24:00.600 |
And this is our war to find our own identity. 00:24:09.400 |
as one continent, had to find multiple times its identity 00:24:26.920 |
So we'll talk about the fascinating geopolitics 00:24:37.560 |
you talk about this question, this fascinating question, 00:24:47.960 |
You see many countries in the world that really struggle 00:24:56.880 |
because some have natural resources, some don't. 00:25:04.960 |
Some have sort of authoritarian regimes, some don't. 00:25:09.960 |
And some have democracies and all that kind of stuff. 00:25:27.440 |
despite all the differences that you talked about. 00:25:29.880 |
And I think then this is where it becomes very important 00:25:33.320 |
that we are very clear about the question you asked me. 00:25:37.320 |
You said, what does it take to make a country prosperous? 00:25:46.960 |
sometimes it has nothing to do with maybe how 00:25:50.080 |
you conduct yourself, otherwise, socially speaking. 00:26:02.080 |
all the way you approach the other aspects of your life, 00:26:04.560 |
maybe you're running a very communist lifestyle, 00:26:16.560 |
I just want to make sure that we are clear on that, 00:26:18.480 |
because some people might be somewhere and be like, 00:26:21.320 |
"Well, because I know what I'm gonna talk to you about next." 00:26:25.000 |
And some people are gonna sit there and be like, 00:26:40.480 |
what are we gonna be to be a prosperous nation? 00:26:43.080 |
Meaning we are a middle to high income nation. 00:26:46.760 |
I'm not talking about what are the rights of your women 00:26:56.680 |
- Economic, fundamentally economic prosperity. 00:27:03.080 |
I've seen people push back on all types of things, 00:27:17.400 |
then what I have come to find is that at the root of that 00:27:25.480 |
and what I call the toolkit of the entrepreneur. 00:27:37.920 |
that which will allow entrepreneurs and business people 00:27:42.920 |
to create value, and create value entrepreneurially. 00:27:48.960 |
We're not talking about rent-seeking or anything like that. 00:28:00.640 |
So when it comes to that, we have found that, 00:28:07.440 |
that started the same, we're talking the same people, 00:28:10.320 |
East Germany, West Germany, South Korea, North Korea, 00:28:36.840 |
And at the same time, very different nations. 00:28:50.440 |
So it seems to me like whenever we're looking at prosperity, 00:28:58.800 |
they might be running, whatever other operating software 00:29:17.800 |
we know that such countries will create prosperity. 00:29:21.440 |
- So what are the aspects of the operating systems 00:29:33.560 |
And maybe here, let me just maybe illustrate it 00:29:37.440 |
with my own story and then I can take you back to- 00:29:45.240 |
- It's just because it started with me coming here. 00:29:47.920 |
and now it looks like we know you for 12 years. 00:29:53.720 |
So this is where this question, even when you ask me, 00:30:00.600 |
That question, Lex, I had it when I was seven or so. 00:30:11.080 |
For the first time of my life, I left my country, 00:30:13.160 |
I left my continent, and I was headed to Europe 00:30:27.040 |
So many people have to, coming from poorer places, 00:30:37.200 |
Here you were in Senegal, minding your own business, 00:30:41.720 |
you know, just being a happy, free-range kid that I was. 00:30:45.400 |
- Yeah, so you were always a troublemaker, not just now. 00:30:53.320 |
like, and you're all put together, like, front. 00:30:55.680 |
I know there's a lot of troublemaking behind you. 00:30:57.880 |
- I'm desperately trying to keep it together. 00:31:18.200 |
Grandma has to, you know, make the charcoal catch 00:31:25.600 |
And then she puts a pot of water on it, it boils. 00:31:37.640 |
And then there, finally, I can proceed to take my shower. 00:31:40.680 |
Here, I'm in Germany in the middle of the winter, 00:31:43.720 |
and my mom's like, "My God, time for your shower." 00:31:50.840 |
She's like, "Oh, you silly, come on, just jump in." 00:32:00.880 |
- I've been cheated out of life, my whole life. 00:32:04.840 |
And then I'm like, "Oh, and all of these roads, 00:32:13.440 |
"I always have to wash off when I go back home, 00:32:15.920 |
"and your shoes get ruined most of the time." 00:32:22.280 |
and it was just like, "Wow, how come they have this, 00:32:34.760 |
"How come life is so easy here, and back home it's not?" 00:32:43.280 |
Sometimes I get, you know, just having traveled 00:32:50.720 |
it just, I'll just get emotional just looking 00:32:58.200 |
first of all, in Ukraine, you currently can't fly, right? 00:33:03.240 |
Just even the transportation, you said roads. 00:33:06.440 |
Yeah, the quality of roads in the United States is amazing. 00:33:21.280 |
in many parts of the world, the roads are even worse. 00:33:24.720 |
- And outdoor, you know, having an indoor toilet 00:33:35.440 |
Do we have some great roads now in many parts of Africa? 00:33:48.720 |
But definitely more today than in my time growing up. 00:33:58.200 |
that just birthed six unicorns last year alone? 00:34:03.440 |
Do we have the African youth out there being so amazing 00:34:18.520 |
And those people still are getting all of that accomplished, 00:34:59.200 |
I knew instinctively that, of course we are amazing too. 00:35:02.760 |
But so this, and then, so eventually the question became, 00:35:06.320 |
how, so I went from, how come they have this and we don't, 00:35:09.440 |
to the country as I'm growing up and researching, 00:35:23.080 |
how come some countries like the United States, 00:35:56.120 |
are still peddling the IQ fury, according to which, 00:36:02.960 |
You know, your skin color goes with a gene sequence 00:36:21.680 |
you guys don't have adequate level of education. 00:36:25.440 |
And I say, you know, maybe you gotta go say that 00:36:29.360 |
to most of the street sellers you go see in Senegal. 00:36:49.640 |
and any that you think you might be able to use. 00:36:53.360 |
Whether we're talking about an ironing board, 00:37:22.480 |
- So that's just at scale, wasted human potential. 00:37:30.840 |
the wasted human potential has to do now with the system, 00:37:39.200 |
- Something about sort of the things that limit 00:38:01.440 |
Others, oh, well, maybe I give you some shoes 00:38:03.840 |
and maybe something's gonna change, whatever. 00:38:06.040 |
And then, so I heard all of this nonsense, Lex. 00:38:24.000 |
some people call those places God-forsaken land. 00:38:28.120 |
That's also the type of critic you always have to hear 00:38:34.480 |
whole countries from, you know, one person a few years ago, 00:38:50.200 |
I'm hearing all of these reasons thrown at me. 00:38:55.480 |
Because then how come then, if my parents move, 00:39:00.280 |
as it is usually anyone else who moves from a poorer nation 00:39:11.720 |
So I'm starting to think this has nothing to do 00:39:24.240 |
Maybe we're talking about something that has to do 00:39:30.240 |
So this little thing is starting to be in my mind. 00:39:43.200 |
to have many different ideologies face each other. 00:39:54.360 |
It cannot be, no, no, no, it's the same people. 00:40:34.800 |
but people getting together in the back of a napkin, 00:40:40.360 |
And then they go out and they talk to some investors 00:40:49.840 |
this whole ecosystem of what they call of entrepreneurship. 00:40:53.040 |
And then eventually this concept of entrepreneurship 00:40:55.000 |
being this idea of creating something out of nothing. 00:41:00.840 |
And at some point I become an entrepreneur myself. 00:41:03.120 |
And the way I became an entrepreneur was not like, 00:41:11.320 |
with people who have a problem with entrepreneurs 00:41:15.240 |
Most entrepreneurs do not start a business to become rich. 00:41:22.760 |
because they have found, identified a problem 00:41:37.640 |
the failure in entrepreneurship is humongous. 00:41:40.520 |
It's kamikaze path to take the entrepreneurship path. 00:41:48.840 |
as soon as I was about to sign my first term sheet. 00:42:12.320 |
You just want to go meet him and join him in death. 00:42:17.440 |
Because of the same reason why I started my company. 00:42:25.840 |
we're talking about some of the most vulnerable women 00:42:45.040 |
and all that had made it through the marketing, 00:42:46.920 |
but it is more cool to drink those beverages. 00:42:49.600 |
Now there is no more market for the hibiscus. 00:42:52.280 |
And with that goes the livelihoods of these women. 00:43:06.120 |
part of my cultural identity, for Christ's sake. 00:43:22.880 |
because what they used to make, no one needs anymore. 00:43:30.880 |
And the company was created just because of that. 00:43:40.720 |
this very important aspect of my cultural identity, 00:43:44.160 |
and at the same time, put these women back to work. 00:43:48.440 |
- And maybe it's more difficult to put into words, 00:44:09.440 |
- And sometimes it's hard to convert that into words. 00:44:37.040 |
Why did you get to have the opportunities that you have? 00:44:42.040 |
What makes you different from, let's say, even your cousin 00:44:52.480 |
When you're trapped in these countries that go nowhere, 00:45:20.520 |
And by the end of the month, I had decided I'm letting go. 00:45:33.920 |
and I talked to the one who, we're talking back then, 00:45:43.520 |
And I told the representative of all of them, 00:45:51.160 |
And just looking at her, I knew I was going through some pain 00:45:54.920 |
but this woman has probably gone through 10 times, 00:46:00.320 |
but you could tell this woman probably lost a child 00:46:14.440 |
- You can see the pain, yet she's so, so dignified. 00:46:19.840 |
And that already kind of made me like, my God, stop crying. 00:46:44.760 |
"but where your husband is, where your beloved is, 00:46:48.120 |
"there's absolutely nothing that you can do for him. 00:47:09.080 |
"You put that aside, there's a job to do here." 00:47:13.240 |
And I went back and I fought with everything that I had. 00:47:16.880 |
And this company that I started in my kitchen 00:47:23.720 |
With at some point, Roger Enrico, the chairman of PepsiCo, 00:47:34.480 |
So the reason why I tell this story for me is important, 00:48:05.080 |
But it's like, just like the leg up I got in my life, 00:48:09.240 |
- What are the things you're fighting against in Africa 00:48:32.360 |
So the one in Africa was about the whole supply chain. 00:48:35.920 |
And the one in America was research and development, 00:48:53.760 |
oh, we have this one-stop shop for business registration. 00:48:57.560 |
very quickly you can set up an LLC in the US. 00:49:04.040 |
less than, today it's super fast, 20 minutes online, done. 00:49:07.880 |
Back then it was less than a few hours to get it done. 00:49:16.600 |
three, two to 350, depending which state you are. 00:49:19.360 |
- So LLC, starting a basic company takes almost no time. 00:49:25.760 |
- You don't have to know a guy that knows a guy 00:49:29.200 |
that slips some money to the politician and so on. 00:49:33.280 |
- No, none of that stuff, none of that stuff. 00:49:42.680 |
Okay, Lex, I don't know if you have employees on payroll 00:49:59.060 |
you know, like governmental agencies, to do one step? 00:50:14.040 |
like, you know, like the pension part of the salary 00:50:25.400 |
This one is for their health, you know, care, whatever. 00:50:52.160 |
- And that's not just cumbersome sort of physically, 00:50:57.360 |
But there's a feeling like the system around you, 00:51:03.780 |
It's a feeling like the system doesn't want you to succeed 00:51:07.240 |
versus a system that does want you to succeed. 00:51:13.920 |
If you make less than a million bucks in revenues a year, 00:51:17.640 |
you know, all you do, five minutes it takes you, 00:51:19.840 |
you're filing, you know, your state, your franchise tax. 00:51:27.120 |
It's below that number, tell them what it is. 00:51:42.600 |
- For the listener, my guy was holding up a zero. 00:51:52.760 |
And then, oh, let me walk you through what happened to me 00:51:55.600 |
when we had to try to get the electricity hooked up 00:52:00.840 |
So we go, they say, "Oh, first you have to apply." 00:52:03.360 |
You know, like you normally, you have to apply. 00:52:10.080 |
this was like, you know, you go to the office and you pay. 00:52:16.560 |
And when I say we wait, I'm not talking about 00:52:20.440 |
A month, two months, three months, four months, five months, 00:52:25.040 |
you go, you send your assistant, she goes, she comes back. 00:52:38.260 |
and I'm just like going on and on and on and on 00:52:49.120 |
We already pre-sold some of these products to our customers. 00:52:59.520 |
I look over there, I see a pile of paper this high. 00:53:03.920 |
We're talking about maybe hundreds of applications. 00:53:07.280 |
Each one of them is a single, single, single sheet. 00:53:22.440 |
He's like, "Each of these applications needs one of those. 00:53:37.500 |
And I agreed with him, it was not on his level. 00:53:44.060 |
and at that point what I did was not threaten him 00:53:54.020 |
and that, by the way, happens even at the passport office. 00:54:02.060 |
It's your right as a citizen to have a passport. 00:54:09.180 |
even the pace it's supposed to go, let alone faster. 00:54:17.420 |
I talked to him about all the things I was trying to do. 00:54:19.820 |
I explained to him why I'm here, why I'm trying to do this. 00:54:28.360 |
"You could be back in America, living your life, 00:54:32.700 |
So that, I think, gained a lot of his respect. 00:54:40.900 |
"or anything like that, but I beg you, I beg of you. 00:55:00.840 |
"we need long cable lines to get it all done. 00:55:05.340 |
"But the truck is, I don't know where the truck was 00:55:10.600 |
"So I go to the mayor of a town with whom I'm quite friends 00:55:13.140 |
"because I know people, but it shouldn't be this way. 00:55:20.420 |
And I said, "Mayor, he happens to have the same name as me. 00:55:22.740 |
"First, last name, same, but except he's the ugly one, 00:55:41.900 |
"Okay, you can take the truck from the city hall. 00:55:45.420 |
"I'll tell the guys that they can allow you to have it. 00:55:47.740 |
"And then they come and then you guys can do this." 00:55:52.580 |
I thought I was done, Lex, but I was not done 00:55:54.900 |
because now the electricity company, by the way, 00:55:59.260 |
They've been sitting on our money for nine months by now. 00:56:06.420 |
you know, like one of the super, super professional ladders 00:56:08.420 |
that normally the electricity companies have. 00:56:26.820 |
"And that's how I got my electricity hooked up. 00:56:30.820 |
"Otherwise I probably would still be waiting." 00:56:33.460 |
So, Lex, you add all of these things together. 00:56:36.480 |
And also the fact that in my country, by the way, 00:56:41.420 |
Basically, you are married to employees for good or for bad. 00:56:45.720 |
"Oh no, you're not married for good or for bad, 00:56:47.680 |
"except that it will just cost you a lot of time and money 00:56:57.980 |
The head of the ILO, I had an argument with him at the UN. 00:57:01.420 |
And I said to him, "Listen, and you listen to me very well. 00:57:04.820 |
"The reason if you want to protect employees, 00:57:13.920 |
"A, you know better of a human being than I am 00:57:21.260 |
"But last time I checked, Google, for example, 00:57:24.980 |
"is not offering their employees chef-cooked meals, 00:57:34.340 |
"having some babysitters, or having childcare on site, 00:57:48.100 |
It happened because there are enough jobs created around 00:57:55.180 |
and employers have to fall all over themselves 00:58:08.820 |
do you know what we have to show for all of these, 00:58:12.660 |
the most protected employee on paper in the world? 00:58:15.780 |
Well, we're one of the 25 poorest countries in the world. 00:58:33.740 |
which is, for somebody who grew up in the Soviet Union, 00:58:37.240 |
at least echoes some of the same sounds I heard 00:59:03.300 |
To what degree is there corruption in Senegal and Africa? 00:59:13.100 |
- So when you said to which degrees there is corruption, 00:59:16.100 |
I will respond to you the same I respond to people. 00:59:28.880 |
it's because we are misguided with corruption. 00:59:33.300 |
We think corruption is the root cause of problems, 00:59:50.860 |
meaning, let me give you an example of senseless laws. 00:59:56.020 |
Every time I have to import something in my country, 00:59:59.140 |
I have a business, we're making lip balms in this case, 01:00:04.100 |
Some ingredients I'm able to find in the country 01:00:09.160 |
at the standard that I need in order to remain competitive. 01:00:19.600 |
you know, they don't just put anybody on the shelves. 01:00:22.620 |
But the thing is, it means that on the other end, 01:00:28.160 |
So out of those, some, we have seven ingredients, 01:01:00.040 |
They reveal that something is broken about the laws. 01:01:11.120 |
laws that slow down the entrepreneurial momentum. 01:01:28.400 |
if let's say my product normally cost a dollar, 01:01:41.000 |
it's now at 140 because of a tariff I left behind. 01:01:47.240 |
do you know how much it's gonna add to my final cost 01:01:55.400 |
because of that 40 cents extra you took from me. 01:02:10.000 |
They say, "Oh, you dirty, greedy business people, 01:02:13.760 |
"and it's all about profit, profit, profit, profit." 01:02:16.360 |
You know, I belong to this organization called, 01:02:20.600 |
I'm a board member on the Conscious Capitalism. 01:02:25.280 |
of purpose-driven businesses and entrepreneurs. 01:02:31.120 |
we start our businesses because we see something 01:02:40.640 |
all of these companies that are beloved in the US 01:02:44.840 |
We believe that the end goal of business is purpose. 01:02:58.600 |
And the best way for people to think of profits 01:03:04.080 |
Lex, if I asked you, what's your goal in the world? 01:03:10.960 |
You're gonna talk to me about what you're doing right now 01:03:21.360 |
You're not gonna say, "Well, my biggest goal in the world 01:03:24.120 |
"is to produce as many red blood cells as I can." 01:03:27.320 |
Except you need to produce those, otherwise, no Lex. 01:03:36.520 |
So people need to stop with this whole profit, non-profit. 01:03:41.520 |
Yeah, 1% of us in this world are psychopaths. 01:03:50.120 |
Yeah, so we have 1% of us who are psychopaths for sure. 01:04:00.000 |
So here, you charge me 40% tariff, which is outrageous. 01:04:05.000 |
Then you're forcing me to sell it for $1.60 more 01:04:10.880 |
for that nonsense because she's an American woman 01:04:14.160 |
and she doesn't have that nonsense put on her. 01:04:16.280 |
So now I'm on this market competing against this woman, 01:04:23.720 |
mine costs $1.60 more simply because of some stupid rules 01:04:27.080 |
from back home, then guess who is gonna stay in business 01:04:44.040 |
Between us, maybe we'll have this English thing figured out. 01:04:50.760 |
the idea of conscious capitalism is the thing 01:04:53.600 |
that in large part enables this level playing field. 01:05:11.080 |
then that's where, for people who might make sense, 01:05:21.200 |
"What I give you, maybe it's 10% of the price or 5%. 01:05:24.400 |
"It's surely not 40%, but you are happy with it. 01:05:31.200 |
And me, I'm like, "Hey, I saved myself money. 01:05:40.800 |
or even the 10% that I just left behind or nothing, 01:05:45.720 |
Because who has the business of fooling around 01:05:48.680 |
No, you do that when it actually makes sense to do that. 01:05:55.440 |
In my case, because I'm around saying the things 01:06:03.680 |
So what I had to do was go to the, ask again, mayor. 01:06:09.200 |
Mayor, whenever he sees me, he's like, "Now what?" 01:06:23.640 |
"because I got to explain to them what's going on here." 01:06:27.880 |
but I think they're not always maybe understanding, 01:06:41.440 |
And I saw him going through binders and binders 01:06:44.280 |
in his office because he's going to try to go 01:06:46.840 |
and look where in the law can we find something 01:07:05.600 |
there is a special term for it, it's French, it's technical. 01:07:08.280 |
"We can allow you to bring your raw material, 01:07:10.840 |
"but you have to tell us exactly how much you're bringing. 01:07:24.120 |
So there, it means I have to give them my recipe. 01:07:27.040 |
Imagine Coca-Cola being asked to give their secret sauce 01:07:36.280 |
let alone, even in business, you don't do that. 01:07:39.960 |
But here, you're asked to be putting it in front 01:07:42.440 |
of some people you don't know where it's going to go 01:07:48.640 |
"of candelilla wax, X amount of coconut oil, okay." 01:08:00.400 |
because again, we don't want her to buffer over there. 01:08:11.040 |
they start a business and they compete with you, 01:08:19.440 |
So when it can come in, you don't have to pay that tax. 01:08:24.000 |
one year to make this product and get it out. 01:08:30.520 |
you're going to pay the taxes that we held up. 01:08:33.160 |
- So you're basically forced by these senseless laws 01:08:40.680 |
- Backward corruption, all of this is so cumbersome 01:08:43.720 |
because it means more paperwork, paperwork everywhere, 01:09:13.280 |
So it means that every day I'm trying to do business, 01:09:17.920 |
and/or maybe even put in jail, depending on what it is. 01:09:24.840 |
because it seems like there's two ways to change this, 01:09:28.680 |
become president or gain power in the country 01:09:46.560 |
and through that method, create a huge amount of pressure 01:09:50.880 |
- You're totally getting it with your last part 01:10:00.440 |
because they get so disgusted by what they're seeing. 01:10:03.440 |
And they think the answer is to go for politics. 01:10:13.480 |
People thinking that presidents have all of this power. 01:10:15.960 |
Do you know who has the least power in government? 01:10:20.560 |
Your best bet, if you insist on going into politics, 01:10:25.360 |
That's where all the skeletons are buried and hidden. 01:10:28.320 |
And that's where you can make the most impact, local level. 01:10:32.120 |
I know it's not exciting, but that's where it's at. 01:10:34.600 |
So if you must go into politics, but there's another way. 01:10:41.880 |
I preach, when I'm here talking to you about this, 01:10:45.360 |
I am sharing with people that is which I found. 01:10:59.200 |
compared to the doing business environment of Senegal. 01:11:07.480 |
But when I started to put two and two together, 01:11:09.680 |
I'm like, you're poor because you have no money, 01:11:12.040 |
at least not enough money to take care of your basic needs. 01:11:14.720 |
You have no money because you have no source of income. 01:11:17.720 |
Where does a source of income come from for most of us? 01:11:23.520 |
And then some people sometimes at my UC Berkeley class, 01:11:26.200 |
they say, "Oh no, it comes from government too." 01:11:29.080 |
I'm like, I would like to think that even if you work 01:11:31.000 |
for government, you're going to be paid something, right? 01:11:33.320 |
And then even before I can say something, they're like, 01:11:42.240 |
employers, employees, we go back to the private sector 01:11:45.280 |
for most of it, from where this whole thing is created." 01:11:47.920 |
So it's clear, you're poor because you have no money, 01:11:55.280 |
We're talking about, so where do jobs come from? 01:12:01.520 |
Then don't you think that we should make it easy, 01:12:06.480 |
that we should have friendly doing business environment? 01:12:29.200 |
through regulation, the ones that are already there. 01:12:38.400 |
- Yes, it's about what I mean by doing business environment 01:12:42.000 |
is all the things that you and I talked about earlier. 01:12:45.320 |
Even the access of electricity is part of doing business. 01:12:48.560 |
But doing business, so basically when I've discovered 01:12:51.600 |
all of that, when I put all of those dots together, 01:13:01.400 |
One is a good seed, right, that has good attributes, 01:13:14.200 |
All of those good nutrients that you're going to put in it. 01:13:19.960 |
The climate in general, is it going to be cold? 01:13:25.120 |
in the middle of Siberia, last time I checked. 01:13:28.480 |
You know, Mohammed Yunus, the Nobel Laureate for Peace, 01:13:51.400 |
So you see that tiny pot you put around the bonsai tree? 01:13:57.920 |
by giving me such a hostile business environment 01:14:02.000 |
that basically were put together by the set of laws 01:14:05.400 |
that you have put, that basically I have to jump through 01:14:08.960 |
as a business person, practicing business in my country. 01:14:12.800 |
If you turn that environment into a friendly environment 01:14:33.600 |
You have to hire a CPA, which costs more money. 01:14:39.880 |
It's in our country, you know, they don't say, 01:14:51.360 |
"but bottom line is, we're gonna make mistakes. 01:14:53.640 |
"This thing is so complicated, we're gonna make mistakes. 01:15:04.520 |
where up till a threshold, you owe me nothing, 01:15:07.360 |
go online, five minutes, fill out your taxes, 01:15:10.360 |
you're compliant, keep building your business, 01:15:28.240 |
"and I live in the middle of nowhere, Senegal, 01:15:31.320 |
"I've got this great idea for this really hot, 01:15:33.400 |
"nice hot sauce that I know the Americans are gonna love. 01:15:47.160 |
You don't have to even have the ability to sell yourself, 01:16:06.960 |
and you can be a dreamer in a rural little village, 01:16:16.760 |
And it doesn't have to be the next Steve Jobs. 01:16:23.600 |
You create local heroes because representation matters. 01:16:39.280 |
So Lex, once I found out that basically at the end of the day 01:16:48.960 |
whether it's the Dream Business Index ranking 01:16:56.040 |
when you look at all of those indexes and others, 01:17:11.040 |
So it is telling you that Scandinavian nations, 01:17:14.440 |
that socialist Americans tend to love so much 01:17:48.920 |
it's almost like its own little widget within it. 01:17:53.240 |
you wanna exercise at whatever level you want to. 01:18:03.440 |
there is no other pathway that we know of at this point. 01:18:07.560 |
And you know what made me super excited about that 01:18:16.520 |
I have to tell you, when I found that answer, 01:18:32.640 |
And you go around and you go to the so-called specialists, 01:18:39.040 |
going around trying to get help for your ailment. 01:18:45.560 |
Here they tell you things that you can't tell why, 01:18:51.800 |
and it's going on for years after year after year. 01:18:54.200 |
And finally you meet this one person and boom, it's there. 01:19:02.720 |
but also this whole new world that comes with it. 01:19:16.120 |
I'm going to have a lot of work to do, but there's hope. 01:19:23.800 |
for a lot of people in that part of the world. 01:19:25.720 |
And those beacons are actually really necessary. 01:19:28.240 |
So not only is there hope, but you can become, 01:19:32.520 |
I mean, the beacon for your people, your home, 01:19:37.520 |
this power that you see, that you feel all around 01:19:45.840 |
Is there a device you can give to people that, 01:19:51.240 |
to young girls and boys dreaming somewhere in Africa 01:19:59.800 |
And by the way, I want to say there are bigger beacons, 01:20:05.160 |
I just happen to be someone who has the chance 01:20:10.400 |
And one of my goals is to open the same doors 01:20:14.520 |
that were open for me, because together, our voice, 01:20:21.280 |
And so bigger beacons, better beacons out there. 01:20:34.280 |
and it's almost to a point of self-destructing my own health, 01:20:44.440 |
so it is my moral duty to try to take it around. 01:20:49.040 |
when I listen to you, I feel like I'm talking to a priest. 01:20:52.720 |
And I'm like, because the gospel, I receive the gospel. 01:21:09.320 |
it's because of racism, it's because of imperialism, 01:21:12.040 |
it's because they're stealing raw material, blah, blah, blah. 01:21:15.360 |
Is any of those guilty to some level of where we are today? 01:21:26.280 |
Is that the only reason or the overwhelming reasons? 01:21:43.240 |
to A, get the right diagnosis as to why we are where we are. 01:21:59.000 |
oh, we're having Ebola is coming, all of that stuff. 01:22:01.160 |
Even when they were talking about the monkeypox, 01:22:08.000 |
Well, even in the many newspapers you pull out, 01:22:10.200 |
it's black people with monkeypox on their skin. 01:22:19.240 |
when it's right now happening to white people? 01:22:44.680 |
So when we're talking, I know we're talking about, 01:22:47.120 |
you know, repopulation, you know, is important. 01:22:52.560 |
Maybe you'll get me going about climate change, 01:23:03.280 |
despite its riches, starting with its young people, 01:23:06.080 |
all the natural resources, diversity in land, 01:23:10.880 |
everything that make for great ingredient for awesomeness. 01:23:18.680 |
People need to know that the reason why that is, 01:23:34.360 |
we are 54 countries, 55 depending on how you count, 01:23:37.560 |
yet we almost, for a tiny minority of these countries, 01:23:42.560 |
we almost all lack one of the most crucial freedoms 01:24:06.680 |
It doesn't have to be for profit all the time, right? 01:24:13.000 |
and go and do something, criticize by creating. 01:24:19.640 |
They're not sitting around waiting or complaining usually, 01:24:29.560 |
of four fathers before slavery ever happened, 01:24:35.680 |
You see, when we talk about the story of black people 01:24:43.080 |
I noticed that unconsciously, it starts with slavery. 01:25:07.720 |
This is a place where we do not understand our history. 01:25:15.320 |
because it happens to be the most over-regulated region 01:25:26.320 |
so that we can become beacons of free markets. 01:25:39.120 |
those guys had to become serious about the free markets. 01:25:49.080 |
And he looked around and he realized at some point, 01:25:56.600 |
making his country one of the most free market countries 01:26:08.520 |
the world, and with all the lies that were told 01:26:11.720 |
to the world coming from the Soviet Union, Stalin, 01:26:15.440 |
while they were starving and dying over there, 01:26:17.800 |
but oh no, I mean, Durante was telling the world that, 01:26:24.520 |
And getting political prices based on this stuff. 01:26:31.960 |
This crash that you had in the stock market is proof. 01:26:41.200 |
You guys always have your big ups and downs." 01:26:49.400 |
that supposedly the communism was doing just fine. 01:26:52.200 |
And you're at the point where the free market concept 01:26:59.560 |
who kind of helped bring that idea back to life, right? 01:27:06.920 |
And so for me, we gotta make a new commitment 01:27:13.040 |
if we wanna go anywhere, if we wanna go anywhere. 01:27:15.680 |
- And the timing is perfect because the young people, 01:27:18.720 |
there is a kind of freedom for the revolutionary 01:27:36.520 |
- No, you said there's something revolutionary in that. 01:27:48.760 |
and I am willing to give the benefits of a doubt 01:27:55.800 |
because they had to witness some of the horrors 01:28:02.080 |
- There's a revolutionary spirit behind that. 01:28:12.760 |
But that's what they went for in 1789 in France, 01:28:16.800 |
And then Marx and Engels, they're promoting these ideas 01:28:20.920 |
that usually for them justifies violent revolution. 01:28:33.480 |
therefore we need to push for equal outcomes. 01:28:37.040 |
Equal rights is right, but equal outcomes is not, right? 01:28:39.800 |
But I am with them for all the way to equal rights, 01:28:50.280 |
with violent revolution, that people get killed, 01:28:53.200 |
you know, people get put in gulags and people get, 01:28:57.600 |
So what you just said here just gives me goosebumps 01:28:59.880 |
because there is revolution in the free markets, 01:29:04.800 |
The revolution that comes from people creating, 01:29:07.280 |
criticizing by creating, it's one of the best forms 01:29:10.560 |
If you ask me, that's the most sexy way of revolution. 01:29:23.320 |
it's in writing, I love nothing more than to fry 01:29:30.920 |
- Well, in terms of sexy, there is power in that message 01:29:35.680 |
of the oppressor, the abuser, the enemy that has abused 01:29:44.320 |
And there's power in the message of that violence. 01:30:01.720 |
It's the people who are in charge of committing 01:30:04.600 |
that violence, it does something to their head. 01:30:07.800 |
The first person you kill, the second person you kill, 01:30:27.520 |
you lose the plot somehow because of the violence. 01:30:38.800 |
until the robots take over, is that the economic freedom, 01:30:46.880 |
and allowing anyone from your country to dream 01:30:51.880 |
and to make that dream a reality by creating it 01:31:04.640 |
the message is very clear, is what we talked about today. 01:31:07.680 |
The reason why Africa is the poorest region in the world 01:31:09.680 |
is because it happens to be the most overregulated region 01:31:13.240 |
in the world, and for some people who might be put off by it 01:31:18.160 |
because they're like, "Oh, she's talking about laissez-faire!" 01:31:20.680 |
No, let me put it maybe in a way that you can understand. 01:31:28.280 |
for any person in Africa, for any entrepreneur in Africa 01:31:36.360 |
If your answer is yes, which I would hope it is, 01:31:39.200 |
then you have a moral obligation to work with me 01:31:54.840 |
and I've yet to find somebody who claims to say no. 01:31:57.280 |
If you say no, then we have a whole nother problem. 01:31:59.480 |
I'm not even talking to you at that point anymore. 01:32:05.560 |
and some reality that the Scandinavian countries 01:32:21.240 |
should be as free as the Scandinavian countries. 01:32:58.600 |
my job and my goal is for every single African, 01:33:21.240 |
The time for catch up is gone, but guess what? 01:33:43.800 |
they don't necessarily work along these lines. 01:33:46.440 |
They're still, it's not, when you go to universities, 01:33:51.280 |
I will ask you, MIT, the MIT Econ Department, 01:34:14.360 |
- In MIT, the spirit of the entrepreneur burns bright. 01:34:27.960 |
- No, I get that, but then we cannot be stifling 01:34:30.840 |
their efforts by putting these artificially made 01:34:43.160 |
The advice I give to them is, each one of them, 01:34:47.120 |
they have to pay attention to this discourse we just had. 01:34:59.880 |
But I had to have my own intellectual journey. 01:35:08.080 |
having to build these companies on two separate continents 01:35:12.600 |
and having to, I had front row seat of the differences. 01:35:17.160 |
At first, I thought it was this way just because we're poor 01:35:20.080 |
and therefore we messed up and therefore it's like this. 01:35:22.680 |
But eventually I learned that, no, we're poor 01:35:33.520 |
And so, it's important for people to know that. 01:35:43.560 |
Facts will empower you and they will even furthermore, 01:36:13.720 |
We don't have to do entrepreneurship the same way 01:36:16.240 |
maybe it was done 50 years ago, 100 years ago 01:36:20.360 |
we were maybe less enlightened because of our times. 01:36:30.400 |
Build back new or whatever they're calling it, 01:37:31.000 |
Math is universal so it belongs to all of us. 01:37:36.080 |
- In the space of economics, in the space of ideas. 01:37:56.840 |
Because at some point, the solution is not going to come. 01:38:01.400 |
It's not, it's going to come from the wisdom of a crowd. 01:38:08.640 |
and that's also why I believe in the free markets. 01:38:16.640 |
that has the level of intel that street level people have. 01:38:24.760 |
There's just something at the bottom of a pyramid 01:38:31.440 |
- I think the cynicism, the idea that people are dumb 01:38:41.160 |
You know, this kind of anecdotally people are like, 01:38:42.920 |
yeah, everyone's stupid and people say that jokingly. 01:38:49.680 |
They have the capacity for kindness, for love, 01:38:53.280 |
for innovation, for brilliance in all kinds of dimensions. 01:39:07.440 |
and people interact, they get excited about shit together 01:39:18.520 |
at the core, I think, is the idea that people are dumb. 01:39:24.120 |
We'll come up with the rules and the regulations 01:39:26.240 |
'cause people are too dumb to manage things themselves. 01:39:35.800 |
is much lesser than the wise sages sitting at the top. 01:39:43.640 |
to corrupting of just the human mind of the leaders. 01:39:54.560 |
- For people to have a freedom to enterprise. 01:39:56.480 |
And look, Lex, when we allow for that to happen, 01:40:10.400 |
you have places where people are into guitar strings, 01:40:16.840 |
And others, it's all about these best cupcakes. 01:40:19.840 |
And others, it's all about this new crypto thing over here. 01:40:23.560 |
And others, like hair, best, you know, weight. 01:40:27.560 |
When you allow us, because seven billion geniuses, 01:40:33.560 |
each one of us, I believe, came to this world 01:40:36.800 |
with something, something that only he or her possesses. 01:40:43.080 |
and it is their contribution to the human problem. 01:40:52.040 |
just like it did for the entirety of the human species. 01:41:13.720 |
when you think about yourself, when you listen, 01:41:16.480 |
when everything gets quiet and you listen to your heart, 01:41:25.160 |
because it's been a long time I haven't asked myself. 01:41:44.680 |
I think who I am today has been for sure shaped by, 01:42:30.280 |
I have to say that what I enjoy from my Senegalese roots 01:42:35.280 |
are our commitment to peace, love, and tolerance, 01:42:58.720 |
tell an older person, especially not my parents 01:43:11.480 |
because that's the most disrespectful thing you can think of, 01:43:36.320 |
So the reverence is for the idea of wisdom, of tradition. 01:43:42.600 |
And again, so that is something that I really enjoy, 01:43:47.000 |
especially and something I'm very attached to, to this day. 01:44:14.120 |
I mean, la dentelle, the laces, all of that, super, 01:44:26.040 |
I mean, there's something to be said about all of that, 01:44:29.480 |
And I love also, even when I talk about fineness, 01:44:32.680 |
it's like a meal is not about like this big thing 01:44:36.040 |
but smaller portions, enjoy what you're eating 01:45:11.120 |
It doesn't matter how busy I am, but we're doing it. 01:45:13.840 |
- Actually, to push back a little bit, it's interesting, 01:45:22.960 |
'cause on the way to Ukraine, I traveled to Paris. 01:45:25.440 |
I stayed in Paris and I wasn't able to enjoy the fineness 01:45:30.440 |
because it was almost a distraction from the humanity 01:45:36.360 |
because there's such a focus on the art of it all 01:45:39.160 |
that you lose the basic connection to humanity. 01:45:45.240 |
- I think some of the lack of connection over humanity 01:45:48.720 |
was the fact that while I did know how to speak French 01:45:51.720 |
for a long time, I forgot most of the language. 01:45:59.600 |
There is a bit of a barrier in French culture 01:46:12.200 |
And if you don't, there's a bit of a barrier. 01:46:24.120 |
or I would even say if a group of Spanish people. 01:46:27.520 |
And I think this is maybe the other side of it 01:46:35.200 |
And I think maybe that's what you're sensing there. 01:46:40.320 |
which is what you call the, you don't sing the music, 01:46:45.440 |
But I was speaking here from the standpoint of you're in. 01:46:54.960 |
Ukraine, I should say some of the best steak and meat 01:47:22.080 |
No, did you go to some Michelin star restaurant? 01:47:29.640 |
I'll take you to the countryside or any French home. 01:47:44.040 |
but because that way you get a chance to really 01:47:52.920 |
but it's because you went to the Michelin places 01:47:55.840 |
- I'm sure the warmth of the people is there. 01:48:10.200 |
- Well, I would imagine on your way to the Ukraine, 01:48:28.040 |
it's the freedom and the entrepreneurial mindset. 01:48:35.880 |
to the United States and I started becoming successful 01:49:13.520 |
- So even in France, that entrepreneurial spirit 01:49:19.560 |
Do you have some entrepreneurial people in France? 01:49:21.520 |
Yeah, but to the level that you have it in the US? 01:49:25.000 |
It's just, I mean, in France, it's still very much, 01:49:28.120 |
you're born in this area, you go to school in that area, 01:49:31.040 |
your parents live around, eventually you'll marry 01:49:35.080 |
or maybe go to where your spouse's parents are, 01:49:40.720 |
and you're not going to do like the Americans, 01:49:42.640 |
two years later, I sell my house, I go somewhere else. 01:49:51.000 |
and you have nothing to back you up or whatever? 01:49:53.400 |
Oh, and even this idea of going and fundraising, 01:49:57.760 |
this venture cap, especially back in the days, 01:49:59.720 |
venture cap, all of that, it's very American. 01:50:02.040 |
We take it for granted, but it's very American. 01:50:09.480 |
I would never in France have been able to raise, 01:50:13.400 |
at some point it was $32 million for my first business, 01:50:16.040 |
never would have been able to do that in France. 01:50:18.400 |
And it doesn't mean that French people are bad people 01:50:20.760 |
It's just something that's just not so in the culture. 01:50:24.560 |
Just like this whole concept of philanthropy, 01:50:27.120 |
it's not that the French people don't do philanthropy, 01:50:29.200 |
but philanthropy in America is very different 01:50:42.440 |
So at some point my husband and I just felt like 01:50:46.000 |
that we're maybe some drug dealers or something. 01:50:47.840 |
So we just stopped because it just was not flowing anymore. 01:50:51.000 |
And so, yes, in America, I found this entrepreneurial spirit, 01:50:56.000 |
but then I was able to link it with something 01:51:06.920 |
you have what we call the Mouride, I'm a Mouride. 01:51:09.680 |
So what it is, is one of the four brotherhoods in Senegal, 01:51:17.320 |
And us, it's all about entrepreneurship as well. 01:51:20.560 |
I mean, of course there's a whole religious part, 01:51:23.800 |
but our mantra is pray as if you will die tomorrow 01:51:30.480 |
And the way we say, the way somebody will say 01:51:33.360 |
that somebody passed away, we say, somebody has retired. 01:51:40.760 |
So I think it's funny because in that community, 01:51:48.880 |
left to our own devices, we're entrepreneurial. 01:51:52.440 |
But then what happens is the minute people start going to, 01:51:55.480 |
they're being educated through the education system, 01:51:59.880 |
but tend to breed more like over French bureaucrat mindset, 01:52:03.360 |
then you can see all the entrepreneurial mindset 01:52:15.240 |
where America tells me, reinforces that side of my roots 01:52:22.920 |
that side of my roots, if that makes any sense. 01:52:27.240 |
that's what brings out the heart of a cheetah, 01:52:30.160 |
which I think is a beautiful, beautiful thing 01:52:39.760 |
It makes me want to really think about who I am, 01:52:54.240 |
- Because at the end, we are, at the end we are. 01:53:05.480 |
it's at the end of the day, I am very clear about it. 01:53:20.000 |
I know this sounds so cliche, but for me, it's so true, 01:53:27.600 |
when I was about to leave Senegal for the first time 01:53:30.040 |
and to go to Europe to be reunited with my parents, 01:53:37.480 |
and I was going to be, things were stable for them. 01:53:40.880 |
Now they're like, it's time to be reunited with her. 01:53:43.760 |
They brought me over, but before I left Senegal, 01:53:47.760 |
She, actually, she lowered herself down to my level 01:53:50.160 |
and she said, "Magat, you're about to go to this place 01:54:02.200 |
And you're going to realize that all the kids 01:54:03.600 |
are going to school and you've never been to school 01:54:05.720 |
because, you know, I was, like I said, a free-range kid 01:54:09.680 |
And she said, "But I don't want for any of that," 01:54:14.800 |
"I don't want for any of that to intimidate you." 01:54:18.480 |
She said, "You can be impressed by some of it if you want, 01:54:23.320 |
And she said, "Because the fact that they might be different 01:54:25.760 |
from you, yeah, they're going to have a different skin color 01:54:32.880 |
And she said, "This language you're going to speak, 01:54:37.440 |
but it is still a language that humans speak. 01:54:41.080 |
You're human, they're human, therefore you can speak it." 01:54:49.680 |
You're a little human, so you'll be just fine. 01:54:58.580 |
And I think when you internalize that so early on, 01:55:10.280 |
And I would have no problem going to Russia, for example. 01:55:25.600 |
Right, that girl, I don't know what she was thinking. 01:55:30.960 |
is I feel like I can go anywhere in the world, 01:55:34.320 |
including some of the most unfriendly places in the world 01:55:38.440 |
to someone like me, because there are places like that. 01:55:41.500 |
And yet I know, I know that somehow, somewhere, 01:55:56.380 |
But you had this amazing family who had a business, 01:56:02.360 |
a family business in Indiana, Columbus, Indiana. 01:56:08.720 |
I owe them everything that I have in this country, 01:56:23.720 |
where they have more churches and cows than people." 01:56:44.600 |
I didn't even come from the same faith as they are from. 01:56:57.600 |
They were like, "We need, we are in serious needs 01:57:05.800 |
like 2%, and come up with marketing, all of that. 01:57:13.160 |
At some point, they look at me and they're like, 01:57:25.600 |
Because really, they're like my parents to this day. 01:57:29.240 |
And they said, "But there's so much more for you. 01:57:33.720 |
So we want you to go and find out what it is." 01:57:38.040 |
because something was brewing up in San Francisco 01:57:43.580 |
Because, you know, the man who would become my husband, 01:57:47.440 |
we went to the same business school in France, 01:57:53.440 |
And it just looked like there was something there. 01:57:55.160 |
And Scarol was like, "You got to go to San Francisco 01:57:59.200 |
So I went and I left my heart in San Francisco. 01:58:00.560 |
I came back and I'm like, "Okay, I'm leaving. 01:58:08.920 |
This is what I'm saying, especially in these times 01:58:11.160 |
when this country loves to dwell on, you know, 01:58:16.600 |
Here are people with a completely different skin color 01:58:18.520 |
than mine, completely different faith than mine, 01:58:20.800 |
yet embraced me, protected me, paid for my visa, 01:58:25.800 |
you know, for my lawyer, for my H-1B, everything, 01:58:42.240 |
Everywhere I go, regardless of the hostility around me, 01:58:45.560 |
you betcha that there's always, always going to be somebody 01:58:50.080 |
who shows up for you, and somebody who is at the extremes, 01:58:54.040 |
at the antipodes of where you are and who you are. 01:59:04.560 |
the internalizing of this idea that we're all just human, 01:59:13.080 |
I've seen it a lot where people internalize that, 01:59:17.800 |
and they're able to walk lightly amidst hate. 01:59:29.560 |
that they build resentment, and it paralyzes them. 01:59:49.920 |
is especially in these times we're walking in, 02:00:14.760 |
In the face of fear, can you show up with curiosity? 02:00:22.920 |
I'm gonna engage with love, even if I'm scared to death, 02:00:30.680 |
In the face of just like, you know, judgment or whatever, 02:00:36.800 |
And I had just found that when you try to do that, 02:00:40.920 |
you engage very different parts of your brain. 02:00:44.080 |
That's proven, by the way, by a brain scientist. 02:00:48.840 |
that you're engaging very different parts of your soul. 02:00:51.400 |
And so I try myself, I'm not always good at it, 02:01:04.600 |
But there is, you know, when you go to Ukraine, 02:01:12.480 |
but when you lose your family, when you lose your home, 02:01:18.040 |
Even if you know it, you're not supposed to have it. 02:01:36.400 |
But it is about trying, and I mean the word trying. 02:01:45.720 |
you see in this country from your perspective 02:01:50.600 |
What do you think about the Black Lives Matter movement 02:02:07.760 |
and maybe even throughout the history of the world? 02:02:10.360 |
- Well, Black Lives Matter has been a very hard one for me. 02:02:27.640 |
But I know in this case why they say Black Lives Matter, 02:02:36.280 |
that Black Lives Matter, I have a big problem 02:02:39.440 |
with the organization and what it stands for. 02:02:51.320 |
yet you are self-proclaimed Marxist socialists, 02:03:01.720 |
I pause and then I'm like, have we learned nothing? 02:03:32.840 |
who would go on to really cement this concept 02:03:37.840 |
of African emancipation and African liberation. 02:03:56.480 |
for Africa and its future, especially sub-Saharan Africa. 02:04:02.480 |
In Manchester, UK, people like Blaise Diagne of my country, 02:04:14.280 |
and others and others from different parts of the continent 02:04:19.520 |
got together with Marcus Garvey and W.E.B. Dubois. 02:04:24.520 |
And I say Dubois because that's how we say it in French. 02:04:31.280 |
And Americans would say, so for Americans listening, 02:04:40.720 |
So all of those people got together in the UK 02:04:50.360 |
big top African-American intellectuals of their times. 02:04:53.960 |
W.E.B. Dubois had so many things happen to him, 02:05:09.680 |
and some of their body parts being shown in store windows. 02:05:13.840 |
I mean, just for a second, we put ourselves in his shoes. 02:05:20.400 |
And that's when he started to become radicalized. 02:05:28.640 |
And eventually, little by little, things going through. 02:05:36.560 |
they're very much on the Marxist-Socialist train. 02:05:43.000 |
it's the political movements that are just using- 02:05:46.320 |
- Yeah, because what happened back in those days, 02:05:53.800 |
the communist-socialists were fighting for equal rights. 02:05:57.360 |
They were fighting for the rights of black people 02:06:44.520 |
Of course, you're gonna say, "I side with you." 02:06:50.200 |
Especially if this is all happening at a time 02:07:03.440 |
they're meeting with Garvey, with W.E.B. Dubois. 02:07:07.800 |
And that's where, this meeting is very important. 02:07:22.400 |
of African emancipation and African liberation. 02:07:28.320 |
Then later, so that's how all of these movements 02:07:33.160 |
And from there, Gandhi was already making some progress 02:07:36.120 |
with India, getting them out of British rule and all of that. 02:07:49.000 |
and Krumah with them, with the British as well, 02:08:02.400 |
Then from there, it's what we call the independences. 02:08:17.000 |
We're like at this time now with the middle of a Cold War. 02:08:24.680 |
Because people today ask me, "Why do you think?" 02:08:30.480 |
"If you have no economic freedom, you're gonna be poor." 02:08:44.240 |
It's pretty well recorded by someone like George Aite. 02:08:50.640 |
And then slavery happened, colonialism happened, 02:08:54.720 |
Late '50s, early '60s for most sub-Saharan African countries. 02:08:58.840 |
So there, what you have is, but then what happened there? 02:09:02.680 |
So I told you in '45, fifth Pan-African Congress in the UK 02:09:09.880 |
Under the leadership, because he was the wise, 02:09:19.880 |
and he's coming with all of his ideas and everything. 02:09:26.160 |
We're starting to make progress with the independences. 02:09:44.040 |
Black African-American intellectuals of their time 02:09:48.600 |
who were very socialist Marxist by that time. 02:09:57.160 |
because I reckon that there's still neo-colonism going on. 02:10:01.200 |
So now this is happening, we're becoming free. 02:10:07.800 |
That now most of these liberators of their nations 02:10:22.280 |
So as these African nations become independent 02:10:25.960 |
with their first independent governments and presidents, 02:10:53.000 |
there should be no colonialism or anything like that. 02:11:06.000 |
The economic system they were using is capitalism. 02:11:08.320 |
And these are represented by the Western nations 02:11:16.200 |
socialism, communism, various forms of statism. 02:11:21.400 |
So, and we also have, it's also not, so two things there. 02:11:28.280 |
remember the free market concept was almost dead. 02:11:34.040 |
So almost every intellectual at that time was social Marxist 02:11:43.240 |
So you're in a world where it was a normal thing. 02:11:52.360 |
if these two forces are fighting one another, 02:11:54.200 |
it turns out that the one representing capitalism 02:12:00.000 |
but isn't it you who enslaved us and colonized us? 02:12:03.800 |
And you're fighting with the people who represent, 02:12:10.360 |
who had been fighting for equal rights for us, 02:12:17.800 |
Because while yes, there were maybe good things 02:12:20.840 |
to agree on with Marxist socialist of the times, 02:12:24.440 |
especially equal rights for all people and all of that, 02:12:29.960 |
among the only things we should have agreed upon. 02:12:32.080 |
There are violent revolution tendencies, no way. 02:12:35.640 |
When it comes to the economic nonsense, no way. 02:12:39.480 |
We should not have thrown the baby out with the bathwater, 02:12:44.360 |
So then we became free, all of these nations, 02:13:09.880 |
And on top of that, something else that the French don't know 02:13:13.320 |
that people don't know is France with its colonies said, 02:13:16.560 |
"You cannot not do, you have to keep the French civil law." 02:13:21.560 |
So we're talking about the Napoleonic civil code. 02:13:32.800 |
So the reason why I go back to BLM is while I have 02:13:43.640 |
for people like Ruma, for people like Nyerere, 02:13:45.960 |
for people, all of those people of those times, 02:13:50.600 |
while I have so much love, compassion for them, 02:13:57.560 |
because I got the benefit of 60 some years time 02:14:06.080 |
and see what worked, what didn't work, what happened. 02:14:08.880 |
We have had the 60 years to look back and to reflect. 02:14:12.680 |
So yes, I can understand why they did what they did. 02:14:23.440 |
or at least some part of a fight was the same fight as them 02:14:37.960 |
because that mistake was tolerable 60 some years ago. 02:14:50.960 |
about black lives mattering and saying in the same sentence 02:14:55.880 |
and we're gonna be socialist Marx, Marxist socialist. 02:14:59.840 |
- So the BLM movement is too deeply integrated 02:15:03.520 |
with the ideas of Marxism. - With those ideologies. 02:15:06.280 |
Yeah, they're anti-free market, anti-capitalist. 02:15:10.920 |
And we do know that you have to have free markets 02:15:21.880 |
If you have economic power, no one messes with you. 02:15:28.360 |
And when they do, they're gonna have to pay consequences. 02:15:37.200 |
you're gonna have to be serious about black prosperity. 02:15:44.880 |
We as a group have to be a critical mass of prosperity 02:15:52.560 |
And because we're talking critical mass of prosperity 02:15:56.600 |
it means black people everywhere in the world. 02:16:06.120 |
So you're gonna be serious about black lives mattering 02:16:11.400 |
the 1 billion people in Africa that are black 02:16:14.040 |
and for them to have access to the free markets 02:16:23.200 |
- And the resources of the young people, the young minds. 02:16:29.040 |
young minds can finally manifest their greatness 02:16:44.200 |
The colonizer, Singapore did it, we can do it. 02:16:47.800 |
Mali rich, Nigeria rich, functioning as well. 02:16:51.800 |
Malawi rich, Tanzania rich, Uganda rich, Zimbabwe rich, 02:17:02.120 |
As prosperous if not more prosperous than Switzerland 02:17:06.120 |
or Singapore or the US or the Lichtenstein or Luxembourg, 02:17:19.120 |
having a very different relationship with us. 02:17:22.480 |
That's the only time we will command any type of respect. 02:17:29.920 |
our common psyche will change even about black people. 02:17:52.760 |
for us to respect people because they're people. 02:17:55.400 |
It would be nice, but let us not kid ourselves. 02:18:00.800 |
And someone said, "Nice people will make it to heaven, 02:18:06.760 |
- It's interesting that pity does not ever turn into respect. 02:18:21.880 |
just like all of us humans have to inhale oxygen 02:18:55.320 |
when we were siding with the Marxist-Socialists 02:18:58.320 |
because they're the ones who've been fighting 02:19:11.000 |
as you travel through America, feel the burn of hatred? 02:19:16.000 |
You've spoken about the revolutions that have been fought 02:19:38.480 |
that needs to be fought at the forefront of culture 02:19:55.280 |
Some people, it's about various forms of ableism. 02:20:21.480 |
Whether they're African-Americans or African-immigrant, 02:20:27.360 |
You have African-Americans like Oprah and others, 02:20:46.160 |
And that's what I love about the human spirit. 02:20:52.240 |
if you don't allow yourself to be beaten down 02:21:03.840 |
And some among us need a little bit more help 02:21:13.000 |
It might be harder for you if you're somewhere 02:21:15.320 |
in a city, you know, in a city, Black America. 02:21:20.320 |
Maybe the environment might be a little bit tougher 02:21:52.160 |
that I don't become or stay a victim of racism 02:22:30.960 |
But this idea that every walking person on earth 02:23:32.960 |
"that they're really the oppressors and blah, blah, blah, 02:23:37.800 |
You're not changing anything when you're doing that. 02:23:57.680 |
because that's something I spent years of my life on. 02:24:03.960 |
started with the days of Philando Castile, Eric Garner, 02:24:12.400 |
when we had this horrendous, horrendous situation 02:24:22.520 |
and people left to die in the most inhumane way 02:24:25.000 |
for the rest of us to watch from the social media. 02:24:38.720 |
of understanding what discrimination is and bias is. 02:24:42.160 |
And in a way, that's the reason why I started this company 02:24:51.240 |
I needed to understand what discrimination was, 02:24:58.800 |
Is it true that it could be that you're racist 02:25:03.800 |
just because of the skin color you happen to be born in? 02:25:13.840 |
at some point, when those killings were happening, 02:25:35.160 |
How much discrimination am I operating under in the system? 02:25:39.760 |
- You need to understand the full characteristics of, 02:25:54.960 |
and then eventually, I understood that discrimination, 02:26:09.440 |
and I spent time with a world of brain scientists, 02:26:27.920 |
of this team of scientists at the University of, 02:26:41.840 |
and it was saying something that I could relate to it. 02:26:48.960 |
and this part comes from the evolutionary biologists people, 02:26:51.960 |
they, in a way, tell you that right around age three, 02:27:15.320 |
where you have to, in order for you to survive, 02:27:29.640 |
in order for you to go from this state of dependency 02:27:31.840 |
to the next stage, and more, and more, and more, 02:27:48.800 |
Failure, and you need to be able to do so ever so quickly, 02:27:56.640 |
means that you might not be alive the next second. 02:28:07.560 |
your brain is gonna be your best ally for that. 02:28:13.240 |
and what the brain is gonna do is it's gonna help you, 02:28:18.400 |
it works with, it's all wired for efficiency. 02:28:22.560 |
And the way it goes for efficiency is through automation, 02:28:29.280 |
and you probably know these things way better than me, 02:28:36.760 |
It's almost like this, okay, got it, stored, stored, right? 02:28:40.280 |
And then it adds maybe some little levels of complexity 02:28:50.520 |
what you have is these neurons in the back of your head 02:28:56.640 |
So, and every time neurons have created pathway 02:28:59.880 |
among themselves, because basically they're attached, 02:29:05.760 |
in the world of bias, science of bias, it's a habit. 02:29:10.760 |
In general, it's a habit when they form two pathways, 02:29:15.680 |
So if we're willing to talk about unconscious bias, 02:29:24.280 |
there's no world in which you or I could ever be equal 02:29:31.000 |
you're a woman, I'm a man, this, this, and that, 02:29:33.800 |
that people like that, again, 1% of psychopaths 02:29:39.920 |
Unfortunately, by the time they do nasty things, 02:29:41.920 |
it's pretty horrible and that's what all we hear about. 02:29:46.280 |
Remember when I told you that most of us are good people, 02:29:51.360 |
That's why I have compassion for human nature. 02:29:54.120 |
So, but really, in the morning when I wake up, 02:29:57.280 |
do you really think that I'm waking up and thinking, 02:30:04.800 |
I'm sure there are some women who feel like that, 02:30:06.240 |
but I'm not one of them and I do think a majority of us 02:30:10.120 |
But in the morning I'm waking up, I'm just like, 02:30:22.680 |
- It's a lot going on and so you're using these kind of, 02:30:27.000 |
the brain has a bunch of simplifications it's built up 02:30:30.280 |
and it uses those simplifications to get through the day. 02:30:34.560 |
So then here you are needing to make sense of a world 02:30:37.960 |
and then the brain is your best ally in that. 02:30:39.960 |
The way it's going to do it is for efficiency, 02:30:43.400 |
So every time it thinks it's figured something out, 02:30:54.720 |
you come up with the information that black man 02:31:03.240 |
Whether it's like, oh my God, I'm walking in the dark alley, 02:31:13.000 |
So the best way to think about it is the brain is a hardware 02:31:16.640 |
and the software it runs on is, what do you call it? 02:31:28.320 |
telling you that damsels are to be saved by the prince 02:31:30.920 |
and all of that stuff and girls wear pink and whatever. 02:31:38.120 |
they're talking to you about the blood diamonds 02:31:44.920 |
because of resource extraction, the diamonds, 02:31:59.840 |
All of us are, because even some black people 02:32:02.400 |
who are gonna claim, but this is not what they registered. 02:32:06.680 |
So the truth, so then when I learned all of this, 02:32:08.600 |
I'm like, wow, this concept of if you've got a brain, 02:32:11.360 |
you've got biases, it comes with a territory. 02:32:19.880 |
that function of a brain and that we should transcend it. 02:32:50.960 |
because bears over there start running and running fast. 02:32:57.160 |
We have kept this tendency to go for fear of flight. 02:33:05.600 |
courtesan done by the stress, you know, stress triggers. 02:33:08.440 |
But back in the days, we have a stress trigger, we run 02:33:23.360 |
And so then you realize there's this whole thing 02:33:25.840 |
that is now what you understand is that this problem 02:33:29.120 |
is not about anti-racism BS, but it is about, 02:33:32.760 |
can each one of us do the work where the work is needed, 02:33:52.240 |
with a simple categorization of black and white. 02:34:01.000 |
and me and my friend back then built, you know, 02:34:03.160 |
this practice of undoing your habit of unconscious bias, 02:34:11.400 |
"Wow, I discovered that my bias is against larger people." 02:34:24.480 |
No, we heard things and you know, and you don't judge. 02:34:29.800 |
And so, and you see, it's at every level, you know, 02:34:32.800 |
like, I don't know, like there's even this one friend, 02:34:36.960 |
the whole dating thing, I absolutely didn't want to have, 02:34:40.480 |
Because she went, her mind was into some stereotypes 02:34:54.240 |
this, basically, at this level, what you're doing is, 02:34:58.800 |
you're learning to spot the biases in our culture, 02:35:02.080 |
because that's where the cultural imprint comes from. 02:35:04.440 |
You're watching this movie and you're realizing, 02:35:05.960 |
just like I said, "Wow, gee, I realized, once again, 02:35:08.360 |
the black person is portrayed like the thug of a movie." 02:35:16.720 |
And you're seeing it everywhere, even the NPR. 02:35:18.800 |
NPR is happening, like you're listening to something 02:35:20.960 |
like NPR, you've got to be more liberal than that. 02:35:23.640 |
And this gentleman is asking these two candidates, 02:35:26.200 |
one of them is a woman, political candidates, 02:35:33.720 |
He said, "How do you balance your race with family? 02:35:46.120 |
But you see, but because now my mind is kind of trained 02:36:14.000 |
but not let that lead to kind of fear and paralysis. 02:36:18.520 |
You should almost, I mean, that's where humor is, 02:36:30.880 |
it's a cultural imprint because it's part of culture. 02:36:36.640 |
where the gender roles were stronger than in other places. 02:36:48.320 |
or we might not, but we have to acknowledge it. 02:36:50.360 |
And not get, you know, make it part of humor, 02:36:53.040 |
make fun of yourself, you know, all that kind of stuff. 02:36:56.360 |
And so Lex, that's why this first step is bias awareness. 02:37:03.080 |
Or it's, you know, and it's about, it's in you. 02:37:17.400 |
You're like, gee, wow, I wonder how I would feel 02:37:28.680 |
all of a sudden, something else starts to click. 02:37:31.240 |
And then from there, you go on to making connection. 02:37:51.520 |
And she had an issue with women wearing the hijab. 02:38:03.160 |
how come you're accepting this demeaning of yourself, 02:38:06.280 |
not understanding everything else that comes with it? 02:38:09.600 |
But through, as she understood that she even had that bias, 02:38:13.560 |
then she went on through all the different processes, 02:38:15.960 |
and then eventually, when comes the next step, 02:38:18.200 |
cultural immersion, she started going to the mosque 02:38:28.920 |
And she started understanding very different things. 02:38:40.760 |
This is where, that's it, your bias can go home now, 02:38:53.720 |
we don't want to be told we're part of a problem. 02:38:55.800 |
So, but I still reckon that it is the type of mindfulness, 02:38:59.200 |
type of practice that's going to need to happen. 02:39:04.160 |
It is not, and it happens, everybody at their own pace. 02:39:11.440 |
to the racism, the question you were asking me. 02:39:18.520 |
Is it going to stop me from doing anything I want to do? 02:39:22.960 |
But this is where, for anybody who is serious 02:39:49.040 |
So this is why I have so much respect for Van Jones. 02:39:54.160 |
although I disagree with him on so many things, 02:40:11.640 |
and those folks then went on to combine forces. 02:40:15.520 |
Furthermore, no regard given to their political belongings. 02:40:20.520 |
They said, if the issue is criminal justice reform, 02:40:25.800 |
then anybody who stands for it has to come together. 02:40:32.160 |
what they're doing, criminal justice reform, in my mind, 02:40:37.120 |
is a valid action to fight racism in my mind. 02:40:49.520 |
And also when you have people like Bishop Omar 02:40:52.720 |
and the people, he passed away, unfortunately, 02:40:57.920 |
who was in jail for having killed his cousin. 02:41:10.400 |
who was really on the wrong side of the equation. 02:41:25.280 |
it's not about the anti-racism crap of Kandil D'Angelo, 02:41:50.160 |
And they will tell you, we have to change the culture. 02:41:57.600 |
What these people are doing is what we need to do. 02:42:06.440 |
And what we have to do is to try to pull them up. 02:42:15.320 |
but how much progress have they made from the bottom 02:42:34.240 |
This whole concept of personal responsibility, 02:42:40.320 |
it also needs to be matched up with real actions. 02:42:43.760 |
And that's what the people like Anton Luckey, 02:42:54.840 |
And then people like Anton Luckey and his team 02:42:57.400 |
are giving them the tools to live the gang life, 02:43:01.120 |
to be better people, to go for a life of redemption. 02:43:13.640 |
this is why, how I would love to see people do anti-racism 02:43:30.840 |
And when they tell you we want school choice, 02:43:38.840 |
- Yes, so help them make sure that they can take their kids 02:43:50.440 |
How could you not support black moms in this country 02:43:55.160 |
to take their kids to safety when it comes to education? 02:44:00.840 |
And not like some, yeah, let's go to some classrooms 02:44:13.280 |
As a black person, I don't want you to do any of that crap. 02:44:26.480 |
that's the only way for you to be part of a racism battle 02:44:30.440 |
if that's what you think is the most important battle 02:44:35.400 |
And so for me, I'm keeping my head very straight. 02:44:37.640 |
It's about what enables black people to thrive. 02:44:42.640 |
I don't need for you to be an activist on my behalf. 02:44:50.400 |
you're doing exactly what you've been doing to us 02:44:56.920 |
because that's what anti-racism is, white savior complex. 02:45:08.400 |
If it is not, if it is, at least in the African side 02:45:14.760 |
turn me into somebody who's waiting for handouts. 02:45:17.560 |
So if people, I would encourage people to really, 02:45:26.440 |
for the love of God and everything that's out there 02:45:31.480 |
It's about, think about what's gonna enable people. 02:45:42.240 |
- Yeah, give them the freedom to spread their wings. 02:45:50.680 |
When you're putting your stupid signs on the lawn 02:45:55.960 |
And when you're buying one more anti-racism book 02:45:58.440 |
or as a company, you know, financing one more DEI, 02:46:06.920 |
- Yeah, so you do think that the efforts of diversity, 02:46:11.920 |
equity and inclusion are often not effective? 02:46:29.680 |
that people have developed an enlightenment about this. 02:46:37.560 |
But let us not keep going for the easy perceived solution 02:46:44.120 |
Again, they've done this to us, the poor people of Africa. 02:46:55.760 |
a social entrepreneurship on you, Tom's Shoes. 02:46:59.960 |
Buy one pair of shoes and we give one pair of shoes 02:47:06.080 |
You know, in the town where we operate in Senegal, 02:47:33.160 |
the Tom's Shoes truck shows up with bunch of free shoes? 02:47:46.720 |
'Cause Tom's Shoes dumping all of his shoes on them. 02:47:54.960 |
who depended on these adults working in these places, 02:48:05.760 |
to make money through their wages, buy them shoes. 02:48:19.080 |
And you still have foreign aid business going on. 02:48:24.400 |
And then the social entrepreneurs came in place. 02:48:27.440 |
But I'm like, "The only person for this is business is good 02:48:29.720 |
"is for Blake McCarthy, the founder of Tom's Shoes. 02:48:32.600 |
"But other than that, I'm not sure really seeing 02:48:41.080 |
we got a challenge to have a mind for the poor 02:49:02.800 |
To have a heart for the lesser fortunate among us, 02:49:12.600 |
But to have a mind for them, that's the challenge. 02:49:19.520 |
- As if we were not already asking difficult questions. 02:49:30.000 |
He met with the president of Vladimir Putin on June 3rd. 02:49:35.200 |
I think primarily was to discuss food security. 02:49:46.840 |
So broadly speaking, what do you think about this? 02:49:58.280 |
with the rest of the world and its current conflict 02:50:09.560 |
when it was time to vote, some of them abstained, 02:50:17.880 |
especially as represented by the African Union, 02:50:20.200 |
because not all countries fall in this along the same lines, 02:50:27.160 |
For the longest time, the West tries to tell us what to do. 02:50:37.520 |
meaning there's definitely a rift, major one, 02:50:44.400 |
as represented by Europe and America primarily, 02:51:03.240 |
It's like, don't tell us what to do, as usual. 02:51:07.240 |
You always rope us in with, when it makes sense for you, 02:51:38.720 |
And I think this is a situation where the African Union 02:51:56.560 |
Maybe for once, we have to watch out for ourselves. 02:51:59.480 |
- Yeah, there's a sense in which this is the embodiment 02:52:04.480 |
sort of abstaining from a vote on the war in Ukraine 02:52:18.440 |
It's saying, we're not going to let this particular empire 02:52:36.640 |
It's almost like, no, we're not touching this. 02:52:47.800 |
And when it's all over and they go back to spreading, 02:52:54.480 |
They go back to exchanging and sharing between themselves 02:53:03.120 |
We're not there when the goodies are being shared. 02:53:07.640 |
So I think it's definitely one of those situations. 02:53:25.320 |
I would like to see our African leaders also, 02:53:30.520 |
but this is a place where I'm also tempted to say, 02:53:36.720 |
Yes to the reasons you're advancing right now. 02:53:42.440 |
We don't want to be always siding because we're tired. 02:53:57.280 |
And then when it's time to go and share the goodies, 02:54:01.160 |
And you actually go for policies that go against us. 02:54:06.400 |
I would like to still see us do the right thing. 02:54:09.800 |
In my case, I was not very happy to see us going 02:54:21.280 |
Cereals, you know, oh, please let the cereals make it. 02:54:39.320 |
having to do that with a non-African president, 02:54:44.320 |
I'm sorry, but for me, it's too close to begging. 02:54:50.560 |
because in some sense, sort of the flip side of that 02:55:01.720 |
we're willing to sit down at the table with America, 02:55:05.400 |
with European leaders, with Russian leaders, with China. 02:55:27.000 |
because what's in that game played by leaders, 02:55:31.160 |
the people that hurt, people of Ukraine hurt, 02:55:37.280 |
- People of Russia can hurt, people of China, 02:55:52.920 |
- Well, but except in this case, yes to all of that. 02:56:03.920 |
that are supposed to come to Africa full of cereals 02:56:08.160 |
it's just like, look, Africa has the highest land 02:56:14.920 |
- We have a larger surface, such surface in the world. 02:56:23.520 |
that we don't necessarily have on the ground? 02:56:34.520 |
you know, just like how the rest of the world, 02:56:36.480 |
when COVID happened and China had to close off 02:56:47.000 |
we're too dependent on China for a lot of what we need. 02:56:50.600 |
So we're gonna have to bring back some production 02:56:53.040 |
to the US, the Europeans are doing the same, all of that. 02:56:56.240 |
This should have been a time for African leaders 02:57:10.160 |
can we work on coming up with different things? 02:57:14.520 |
but if I knew that that was happening at the same time 02:57:17.520 |
that we're saying, oh, well, let the cereals come in, 02:57:20.240 |
maybe I would be a little bit easier with it. 02:57:26.920 |
are we gonna keep going from one masa to another masa? 02:57:37.000 |
it's possible that the 21st century is defined by Africa. 02:57:41.800 |
- And the young people, the huge number of young people, 02:57:52.560 |
And I don't mean sort of in the next 10 years, 02:57:57.400 |
So some people are concerned about overpopulation, 02:58:18.200 |
- What's your, in Africa, is it the center of this? 02:58:36.760 |
- There is a reason, Lex, why I say I'm haunted, 02:58:47.360 |
and that I have such a strong sense of urgency 02:58:50.280 |
to the point that literally it is affecting me. 02:59:01.360 |
and the rate at which it's growing demographic-wise 02:59:31.360 |
get to partake means you have to send more foreign aid, 02:59:38.520 |
I mean, charity organizations sending stuff our way, 02:59:55.360 |
I could see why some people might be worried about that. 02:59:58.160 |
Although, humans should never be seen as parasites, 03:00:21.800 |
And what partaking means is that people get included 03:00:24.960 |
and are part of the systems that allow for human flourishing. 03:00:42.600 |
where people, where the flourishing can start to take place. 03:00:46.960 |
The wealth that people will need to flourish, 03:00:58.360 |
And you will make it happen for you and also for me. 03:01:04.880 |
I realize how stupid the rest of the world is, 03:01:07.600 |
if they're not supporting what I'm trying to talk about. 03:01:15.960 |
you're selfish, maybe engage your selfishness. 03:01:26.120 |
with a piece of solution to the human problem. 03:01:32.920 |
hold something for me, because I'm part of humanity. 03:01:40.840 |
that might take my wife out, the wife I haven't met yet. 03:01:59.000 |
comes straight back to serve me and the love of my life. 03:02:06.760 |
'Cause it becomes a very good proposition at that point. 03:02:16.560 |
The future is African, whether we want it or not. 03:02:31.360 |
They stay in poverty because they belong to nations 03:02:36.240 |
the importance of common law versus civil law. 03:02:40.120 |
Because they're trapped in countries that don't understand 03:02:49.960 |
So you can unleash the genuineness, the awesomeness, 03:02:53.960 |
the ingenuity, the industrious side of your young people, 03:03:04.080 |
And with it, the respect that comes from that. 03:03:08.920 |
And this is why I feel so, so, so restless about this 03:03:16.480 |
George Hayete is one of the few Africans that I knew 03:03:38.440 |
That's why being here talking with you today, 03:03:44.160 |
People ask, if someone like you could say, what can I do? 03:03:52.880 |
By just allowing me to take this message to one more person. 03:03:59.600 |
the change is gonna happen somewhere down the line. 03:04:07.240 |
of all those people in Africa building cool stuff, 03:04:19.160 |
I'm the head of the Africa Center for Prosperity 03:04:26.080 |
working on taking down barriers of entry for entrepreneurs 03:04:28.920 |
around the world in their respective countries. 03:04:32.640 |
I basically, obviously all the think tanks we have 03:04:37.280 |
in Africa right now, free market think tanks. 03:04:41.160 |
And we wanna promote more of them to come up. 03:04:43.880 |
And these are local solutions by local people 03:04:50.200 |
And so there, so we're working on reforms primarily 03:04:55.200 |
and making people understand the free markets 03:05:10.920 |
because you know how they fix a bad law most of the time. 03:05:14.720 |
put other laws to kind of undo the law from before, 03:05:20.360 |
where you should have one thing and it's clear, 03:05:22.520 |
you have a hundred and they go against each other 03:05:26.240 |
So we have piecemeal legislation, but happening, 03:05:28.960 |
our teams are doing really amazing, fantastic work, 03:05:37.160 |
I mean, people are doing amazing work, amazing work, 03:05:48.120 |
And right now I'm working on one of my most craziest projects, 03:05:53.040 |
something bold, radical, crazy for some people, 03:06:09.600 |
some of the most radical free market zones in the world, 03:06:19.080 |
So here, what I'm working on is this concept of, 03:06:37.560 |
okay, if piecemeal legislation takes forever, 03:06:51.160 |
to set the right environment for business to prop up 03:07:12.320 |
is this concept of a startup cities and to say, 03:07:24.760 |
and I like to call them also common law zones, 03:07:27.800 |
where we basically try to have within the country 03:07:35.160 |
I'm not talking about family law or any of that stuff, 03:07:37.240 |
no one is touching your culture or anything like that, 03:07:47.400 |
in terms of what constitutes a great business environment 03:08:04.640 |
rather unoccupied plot of land within a country 03:08:16.040 |
they're like, maybe they decided maybe Sharia law 03:08:20.680 |
And they said, they looked around and were like, 03:08:22.360 |
wow, but common law, especially British common law 03:08:26.640 |
So at that point, they decided for business only, 03:08:38.480 |
so they hired a retired British common law judges 03:08:40.760 |
to educate the law and train the people under there. 03:08:44.160 |
And I'm oversimplifying, but at the end of the day, 03:08:53.080 |
international financial centers of the world. 03:09:18.200 |
maybe we wanna attract more medical research, right? 03:09:27.680 |
we wanna be more about religious this or whatever. 03:09:32.760 |
And just kind of give the basics, the grounds, 03:09:36.760 |
and then watch the magic happen on it, right? 03:09:43.520 |
And the hope there, because some people are like, 03:09:50.280 |
it's more or less the story of the Asian tigers. 03:09:59.680 |
economically speaking, because some people might say, 03:10:01.440 |
well, you don't want China, we're developing, you see. 03:10:05.400 |
Even then I say, and it's okay, you can always do better. 03:10:10.400 |
But we cannot deny the magic that they have accomplished. 03:10:15.680 |
What they have accomplished is nothing short of a miracle. 03:10:27.600 |
- Yes, does something like that happen without problems? 03:10:33.800 |
just actually gets to learn from lessons, from lessons. 03:10:41.880 |
And people are like, oh, but you guys are crazy. 03:10:56.640 |
but each time you're going higher, up higher, 03:11:04.040 |
And before you know it, you're doing all types of things. 03:11:07.560 |
I tell people, listen, all I need is one success story. 03:11:20.520 |
But this is hard because it's the first time. 03:11:24.040 |
So, but the good news is there are many groups 03:11:28.440 |
There are some groups in Zambia, there's a zone there, 03:11:32.440 |
folks are doing something like this in Nigeria. 03:11:39.480 |
I cannot disclose the name of the country yet, 03:12:03.240 |
- It's the continent where everything started. 03:12:05.640 |
And I think it's the continent where we have, 03:12:08.520 |
that continent has to finally, finally, finally thrive. 03:12:36.720 |
I'm so proud of them and the young people especially. 03:12:48.080 |
They said, "You know, we've seen poverty other places, 03:12:51.280 |
"but here, it is just, maybe somebody doesn't have money, 03:13:00.920 |
- So everything else we can handle and we will handle. 03:13:13.520 |
You know, you were telling me what makes you different? 03:13:21.720 |
Rwandans, for example, never dance with their hips. 03:13:24.560 |
They dance more like, you know, with this part of a body. 03:13:30.000 |
- Us, it's hips all over the place all the time. 03:13:32.240 |
And it's, you know, more jumping, stuff like that. 03:13:34.640 |
In Rwanda, you feel it's more like, you know, 03:13:36.360 |
I mean, they remind me more of, you know, the ballet thing. 03:13:47.920 |
Us, we are the West Africans, we like to be loud. 03:13:50.120 |
We're almost like the Italians of the continent. 03:13:53.760 |
And then the Rwandans are more like, you know, 03:13:58.440 |
I mean, we're so different from one group to another. 03:14:00.800 |
Then you go to the Congo and you see these guys, 03:14:02.880 |
they're so crazy, the way they dress, I mean, 03:14:04.480 |
les sapeurs, so we are a very different bunch. 03:14:26.800 |
I will say that there's nothing wrong with the seed. 03:14:38.600 |
We need to be the tallest trees in the forest 03:14:46.680 |
- And that can be fixed, and that's the beauty of it. 03:14:48.160 |
And that's why I am so, I'm almost dizzy with, 03:15:00.680 |
And we know that there's an unfailing recipe. 03:15:09.080 |
One missing ingredient, which is a free markets. 03:15:13.560 |
As we go around and talk and people start to understand 03:15:49.800 |
that the right thing is done, is to get this message out. 03:15:54.800 |
And then let my people do with it what they wanna do. 03:15:58.400 |
- Yeah, the scale of impact is just boundless. 03:16:02.880 |
sometimes we think about individual problems, 03:16:05.680 |
We look up to certain individuals like the, I don't know, 03:16:09.000 |
Steve Jobs and Elon Musk, but it's so much more powerful 03:16:17.160 |
to millions, to hundreds of millions of people 03:16:30.160 |
it's unimaginable the kind of impact it would have. 03:16:38.920 |
in your personal life story, you lost your husband. 03:16:57.960 |
- I think for me, when my husband passed away, 03:17:06.240 |
maybe my friends could see what was going on, 03:17:11.840 |
But on the surface, I looked like I was fine. 03:17:43.520 |
you know, sometimes whatever it takes to keep you around, 03:17:48.280 |
who feel like they can't just push one more push, 03:18:06.320 |
My duty was in this case, I think, stronger than my pain. 03:18:11.400 |
I don't know how that was possible, but it was. 03:18:13.760 |
And I just pushed my grief under the rug for years. 03:18:22.800 |
I would travel, I would do three states in three days, 03:18:31.880 |
with our distributors, 'cause it was beverage, 03:18:34.400 |
and just keep going and have all of this energy 03:18:47.920 |
and you're about to sink and they throw you that round thing, 03:19:23.560 |
And at some point I went into really, really deep depression 03:19:29.640 |
even darker than the one I think I came from. 03:19:35.200 |
on this company and now some other things was happening. 03:19:37.960 |
And around that time, it's also when I was discovering 03:20:02.320 |
I tried to address it to realize that many of these people 03:20:09.080 |
than accept for a moment that maybe capitalism 03:20:14.760 |
when many of them were involved in capitalism. 03:20:21.320 |
At some point I was, yeah, so many things were happening 03:20:26.560 |
around that time that basically shook up everything for me. 03:20:31.560 |
One is hard to talk about because it's very personal 03:20:35.640 |
and the person that I was having a problem with 03:20:41.760 |
And I'm one to always say, leave the dead alone. 03:20:51.080 |
with somebody who was like a father figure for me, 03:21:04.920 |
And then you're confused and then you become confused. 03:21:08.920 |
And then at some point you lose 90% of your friends 03:21:13.160 |
because of ideologically speaking, it doesn't work anymore. 03:21:16.160 |
Then you just wonder, have I been asleep this whole time? 03:21:45.560 |
or even believing it because they're like, you? 03:22:21.480 |
But you know, Michael, the reason why I have such love, 03:22:28.600 |
is because actually it's one of those relationships 03:22:54.320 |
as many, especially women, African women entrepreneurs, 03:23:04.560 |
Bring back to the world some really cool aspects 03:23:07.400 |
of our culture built into a really cool brand, 03:23:12.840 |
Because the more I could promote women like that 03:23:17.480 |
and the more my dream and vision for a respected Africa, 03:23:24.680 |
And around me, this was also part of the whole crisis 03:23:32.000 |
Everybody was like, "Well, we should be just doing grants." 03:23:36.480 |
And I knew that my people didn't need grants. 03:23:47.680 |
I wanted someone who could work with me on my accounting. 03:23:51.040 |
I wanted somebody who could help me brainstorm 03:23:55.840 |
I wanted somebody, or I needed to raise money 03:24:03.320 |
to help me take the juices from my grandma's recipe 03:24:18.840 |
I didn't want you to give me some crap for free, 03:24:24.840 |
with all the things that business building needs. 03:24:32.120 |
And so Michael, somebody found out about what I was doing, 03:24:37.760 |
they would write a lot about me and everything. 03:24:49.880 |
They want for people, everybody to get this choice, 03:24:52.640 |
this ability to be able to get to a point in their life 03:24:59.040 |
Michael is the only one who can say that last name, 03:25:03.480 |
you're basically doing what you're supposed to do, 03:25:16.880 |
okay, so we, he finds me, his people find me. 03:25:23.200 |
where it was all about accelerating women entrepreneurs. 03:25:30.400 |
That's when actually all of this stuff that I noticed, 03:25:35.760 |
to start my business, over there's 20 minutes, 03:25:37.440 |
here it's free, over there's thousands of dollars, 03:25:42.400 |
we're poor, that's why everything is so messed up. 03:25:45.360 |
Whoa, these people are introducing me to concepts, 03:25:48.000 |
I'm like, first of all, I'm like, oh, really? 03:25:58.880 |
And I'm starting to discover this whole other body of work, 03:26:02.000 |
what the free market's like, this thing that I was sensing, 03:26:11.000 |
and that they called it the free markets over here, 03:26:18.480 |
with the ideas that I was fed with before that. 03:26:25.680 |
the evidence combined with my lived experience, 03:26:30.720 |
So I basically started understanding these ideas 03:26:34.080 |
from the most visceral part of my body, of my being. 03:26:41.080 |
So Michael, Michael helped me find the solution, 03:26:45.440 |
the answer to my lifelong little girl's question 03:27:01.560 |
the greatest, biggest sense of liberation came upon me. 03:27:12.440 |
True liberation, the liberation that comes from a peer, 03:27:25.320 |
understand, in your own deep knowing or feeling that 03:27:30.320 |
they're not, what they're saying is not true. 03:27:38.640 |
And when I discovered that, my whole life changed. 03:27:55.720 |
'cause I was like, yes, you helped liberate us, 03:28:03.360 |
And then eventually you have to engage empathy and love. 03:28:10.160 |
and try to understand the time at which they were living. 03:28:17.120 |
That's how I understood I was able to go beyond 03:28:28.600 |
Just really, you have to try to walk in their shoes. 03:28:31.760 |
And from there, finally separate the baby with a bathwater 03:28:40.680 |
but I have no patience for the BLM organizers, founders, 03:28:46.440 |
but the founders told us what they stand for. 03:28:48.800 |
And I say, guys, don't make that same mistake again. 03:28:54.720 |
The liberators of Africa, they have an excuse. 03:29:01.120 |
It was so easy back then to conflate everything. 03:29:08.360 |
cannot with a straight face embrace Marxist socialist ideas, 03:29:22.480 |
And I will hold your feet up to the fire on that one. 03:29:32.480 |
Because we have an entire population to help rise 03:29:47.320 |
- And those ideas give you hope for the place you love, 03:29:57.240 |
the new centers of culture and fashion are in Dakar. 03:30:13.600 |
- So you see that future, you see that future clearly. 03:30:20.080 |
And it's also beautiful to see that the space 03:30:28.800 |
- At the intersection, Michael and I would spend hours 03:30:37.240 |
And then hours, every single day for months, Lex. 03:30:47.320 |
love is not about looking each other in the eyes, 03:30:53.120 |
it's this vision, what we know to be possible and true. 03:31:04.880 |
Every time I get on a plane, it's a miracle of engineering. 03:31:24.760 |
So that's why, and when it works in great tandem 03:31:35.160 |
- Well, Guy, you're one of the most incredible people 03:31:44.600 |
Thank you for the fire that burns within you. 03:31:46.840 |
And it's just the passion you have for a place 03:31:49.080 |
that's going to, I think, define the future of humanity. 03:31:55.320 |
And sometimes I hope this fire doesn't consume me. 03:32:04.640 |
I know you don't do a lot of these, you know, 03:32:06.600 |
I am, it's, this type of interviews, maybe, I don't know. 03:32:11.640 |
- You mean fun, inspiring, powerful interviews? 03:32:24.520 |
- I think you need to work on your unconscious bias. 03:32:38.760 |
please check out our sponsors in the description. 03:32:52.160 |
Thank you for listening, and hope to see you next time.