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Valuetainment

Episode 223: 10 Reasons To Love Capitalism

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 4 December 2018

⏱️ 24 minutes

🧾️ Download transcript

Summary

Patrick Bet-David covers 10 reasons why he loves capitalism and why it's the best form of economy. Subscribe to Valuetainment: http://bit.ly/2aPEwD4 --- Support this podcast: https://podcasters.spotify.com/pod/show/valuetainment/support

Transcript

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0:00.0

30 seconds.

0:01.0

One time for the underdder.

0:03.0

Ignition sequence star.

0:07.0

Let me see you put them up.

0:09.0

Reach the sky, touch the stars up above because it's one time for the underdog one time for the underdog

0:17.0

I'm Pato Badevie host of Aitamen and today we're going to talk about ten reasons why I love

0:21.4

entrepreneurship and capitalism yes I said it I love

0:25.5

capitalism but it's going to be a complete different approach than you've ever

0:29.1

heard in your life. You will never look at capitalism the same way ever again after this

0:34.4

podcast. So first of all before I get into telling you all these great things

0:37.2

about capitalism I want you to know that it is very naive to think that any

0:40.3

system is perfect. I think a lot of times when people want to bash

0:44.2

something they're expecting a hundred percent of people to do it right. For example

0:48.1

there's a lot of bad teachers in the world, a lot of bad parents, bad CEOs, bad bosses, bad journalists, bad bloggers, bad

0:56.8

YouTube channels.

0:58.0

There's a lot of anything that's bad that they abuse the power.

1:01.6

They're also bad capitalists, but all of these guys give an opportunity

1:06.7

for somebody who's a good parent, good CEO, good boss, good capitalist, good journalist, to become a hero where somebody says, oh my gosh, look at the

1:15.5

way this guy does it. So I'm not here to be naive and tell you all the great things about

1:18.6

capitalism, because I read all the negative stuff about capitalism. Here's an article.

1:23.0

Top 10 reasons why capitalism sucks. People are unhappy.

1:27.5

Competition, destruction, adverse selection, you know externalities, monopolies know free writing pointless cause under consumption

...

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