Talking About Capitalism With JP Sears Over Wine #WednesdayWithWyan

Capitalism.com with Ryan Daniel Moran

Capitalism.com

Entrepreneur, Amazon, Lifestyledesign, Investing, Startup, Ryandanielmoran, Finance, Cashflow, Freedomfastlane, Lifestyle, Business, Passiveincome, Financialfreedom, Entrepreneurship

4.8 • 793 Ratings

🗓️ 8 May 2019

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today’s episode tackles the question why is Capitalism the #1 solution to the world’s problems?

Tune in for what drives people to the marketplace, what happens when governments intervene and the white was better than the moldy red this week, or was it…

Key Takeaways

[:40] JP asks Ryan and Clement permission to ask Ryan a question, it is granted.

[1:04] Capitalism is the #1 solution to the world’s problems, explain.

[2:07] The scale of incentive is important for generating desired outcomes.

[3:10] Force incentive vs choice incentive.

[4:27] Let’s agree to agree.

Mentioned in this episode

Grant Cardone

Aubrey Marcus interviews Daniel Moran

Transcript

Click on a timestamp to play from that location

0:00.0	Grant Cardone said, if you're not a millionaire in capitalism, what the hell is wrong with you?
0:05.9	And you should be ashamed of yourself.
0:07.7	10x, baby.
0:08.4	So in like a sentence or two or three, simply stated, why is capitalism the number one solution to the world's problems in your opinion.
0:31.2	Hey, capitalists. It's time to crack open your favorite beverage. I like Zivia.
0:36.3	This is Wednesday with Wyand on capitalism.com.
0:44.6	Clement, I have a question for Ryan. Do I have your permission to ask Ryan?
0:51.0	Absolutely. Thank you for that permission. Ryan, do I have your permission to ask you the question that Clement just gave me permission to ask you. Permission granted.
0:55.1	So I was listening to your podcast today with Aubrey Marcus.
1:00.6	You were on the Aubrey Marcus podcast.
1:03.1	Praise the Lord.
1:04.3	He's an awesome podcast.
1:06.8	Love Aubrey Marcus and on Aubrey's podcast. and you've said at other places like capitalism is the number one solution to the world's problems.
1:19.1	I might be paraphrasing.
1:20.9	In a nutshell, Einstein once said, Joseph Campbell once said that Einstein once said, if you can't explain something
1:29.3	simply, then you're a freaking idiot. And Grant Cardone said, if you're not a millionaire in capitalism,
1:40.8	what the hell is wrong with you? And you should be ashamed of yourself.
1:44.3	10x, baby.
1:45.2	According to Joseph Campbell.
1:46.8	So in like a sentence or two or three,
1:51.7	simply stated, why is capitalism the number one solution to the world's problems in your opinion?
1:57.6	Because it's the only solution that incentivizes the best solutions and naturally allows
	...

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