Every Entrepreneur Should Hear This Podcast
Capitalism.com with Ryan Daniel Moran
Capitalism.com
4.8 • 793 Ratings
🗓️ 4 November 2024
⏱️ 31 minutes
🧾️ Download transcript
Summary
The world is getting better whether we see it or not. When we do some digging, you'll find that the world continues to expand, and capitalism is the driver for that expansion.
If you want to be part of the expansion, head to https://capitalism.com/playbook to download the Free Playbook to start on your own road to $1M and beyond.
To get on the waitlist for the Capitalism Accelerator, head to https://capitalism.com/launch
Connect with me on Instagram at https://instagram.com/ryandanielmoran
Timestamps:
(0:00) - Is the world better or worse than 4 years ago?
(3:30) - Your reality is what you see
(7:30) - The reality of “Late Stage Capitalism”
(11:00) - Creating more than you extract
Transcript
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| 0:00.0 | Is life better today than it was four years ago? At the last presidential debate, |
| 0:09.3 | Vice President Kamala Harris was asked if the average American was better off four years ago |
| 0:15.1 | than they are today. Now, true to any politician, she didn't answer the question. She provided some canned answer about her plan to help the middle class and Donald Trump was preparing his favorite Haitian dog recipe. I kind of got mad at this answer from Kamala. And I know every politician has their canned responses, but it sent me down a rabbit hole because I wanted to answer |
| 0:38.2 | this question for myself. I looked at this and said, does anyone remember four years ago? |
| 0:44.7 | Does anyone remember the year that was 2020? In case you forgot, 2020, not a fun year. One out of five |
| 0:53.9 | stars would not recommend. In 2020, most of us were |
| 0:58.1 | concerned about things like hyperinflation. We were concerned about government overreach. |
| 1:04.0 | We were concerned about the pandemic spreading. We were concerned about what the vaccine would |
| 1:09.8 | do and what the long-term consequences would be. |
| 1:12.8 | There were very serious concerns in 2020, so much so that I have peers who were preparing for |
| 1:19.2 | civil war, for civil unrest, who are stocking up food for years, and preparing for what they |
| 1:25.8 | called the fourth turning or the undoing of America. |
| 1:29.0 | Yet despite all of the warnings and concerns about hyperinflation or even civil war, |
| 1:35.0 | we as a society have continued to move forward over the last four years. |
| 1:39.5 | And there have been incredible innovations at a record pace in things like artificial intelligence, self-driving |
| 1:46.9 | cars, healthcare, even space travel. Since just the year 2020, the stock market is up almost |
| 1:55.5 | double. GDP has expanded despite the fact that we've gone through two recessions, and there are more |
| 2:02.5 | opportunities to start businesses for entrepreneurs than ever. I'm thinking about things like |
| 2:07.0 | TikTok shop and all the opportunities with AI, and heck, even OnlyFans. Now, this is not unique to the |
| 2:13.8 | last four years. If we look at Donald Trump's term from 2016 to 2020, we were |
| 2:20.3 | riddled with uncertainty and political division, and yet we as a society continue to expand by |
| 2:26.7 | almost every objective measure. So let's look at the last eight years so that we can cover |
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