Overall capitalism is intrinsic to the human species
Capitalism is not something we invented
Capitalism is not even something we discovered
It is innate to us in every exchange that we have
When you and I exchange information, I want some information back from you I give you information
You give me information
If we weren't having a good information exchange you go talk to somebody else
So, the notion of exchange and keeping track of credits and debits
This is built into us as flexible social animals
We are the only animals in the Animal Kingdom that cooperate across genetic boundaries
Most animals don’t even cooperate
But when they do, they cooperate only in packs where they call and walk together and they share blood So they have some shared interest
Humans don't have that Humans don't have that
I can cooperate with you guys
One of you is a Serbian and the other one is a Persian by origin I’m Indian by origin
We have very little blood in common basically none
But we still cooperate
And what lets us cooperate
It's because we can keep track of debits and credits
Who put in how much work? Who contributed how much? That's all free market capitalism is
So, I strongly believe that it is innate to the human species
And we are going to create more and more wealth and abundance for everybody
Everybody can be wealthy
Everybody can be retired
Everybody can be successful
It is merely a question of education and desire You have to want it
Everybody can be wealthy
Everybody can be retired
Everybody can be successful
It is merely a question of education and desire You have to want it
If you don’t want it that's fine then you opt out of the game
But don't try and put down the people who are playing the game
Who are playing the game?
Because that's the game that keeps you in a comfortable warm bed at night That's the game that keeps a roof over your head
That's a game that keeps your supermarket stocked
That's the game that keeps the iPhone buzzing in your pocket
It is a beautiful game that is worth playing ethically rationally morally socially for the human race And it's gonna continue to make us all richer and richer
Until we have massive wealth creation for anybody who wants it
The US is a very popular country for immigrants because the American dream
Anyone can come here be poor and then work really hard and make money and get wealthy
The definition of wealth is different for different people
A a first world citizens definition of wealth might be
I'll have to make millions of dollars and I’m completely done
Whereas to a third-world poor immigrant just entering the country
And we were poor immigrants who came here when I was fairly young
Wealth may just be a much lower number
It may just be that I don't have to work a manual labor job for the rest of my life that I don't want to work But groups that despise it will essentially bring the entire group down to that level
If you get too many takers and not enough makers your society falls apart
Everybody can be wealthy
Everybody can be retired
Everybody can be successful
It is merely a question of education and desire You have to want it
Everybody can be wealthy
Everybody can be retired
Everybody can be successful
It is merely a question of education and desire
You have to want it
You live in a communist country look at Venezuela right
They were so busy taking and dividing and reallocating
That people are literally starving in the streets
And losing kilograms of body weight every year just through shear starvation
Another way to think about it imagine an organism that has too many parasites You actually need some small number of parasites to stay healthy
And you need a lot of symbiosis like all the mitochondria in all of our cells that help us respirate and burn oxygen
These are symbiotes that help us survive
We couldn’t survive without them
But to me those are partners in the wealth creation that creates the human body But if you were just full with parasites that were purely parasitical you would die You would die
Any organism can only withstand a small number of parasites And when the parasitic element gets too far out of control you die
Everybody can be wealthy
Everybody can be retired
Everybody can be successful
It is merely a question of education and desire You have to want it
Everybody can be wealthy
Everybody can be retired
Everybody can be successful
It is merely a question of education and desire You have to want it
I’m talking about ethical wealth
I’m not talking about monopolies
I’m not talking about crony capitalism
I’m not talking miss pressed externalities like the environment
I'm talking about free minds and free markets
Small scale exchange between humans as voluntary
And doesn't have an outsized impact on others
But I think that kind of wealth creation if a society does not respect it If a group does not respect it
That society will plunge into ruin and darkness