Episode
What capitalism gets right -- and governments get wrong | Katherine Mangu-Ward
12:15
Published: Fri Sep 02 2022
Description
Is capitalism a good thing? Journalist Katherine Mangu-Ward makes the case that "weirdos" left alone to innovate and explore far-out ideas in a free market system are our best hope for the future. She asks us to reconsider our qualms about capitalism, failure and corporate death, analyzing the recent history of General Motors and Facebook to illustrate why we're better off with a lot less government intervention.
Chapters
The speaker argues that many criticisms of capitalism are actually criticisms of government and highlights the remarkable gains in life expectancy and access to basic necessities that have occurred as a result of capitalism.
00:00 - 03:41 (03:41)
Summary
The speaker argues that many criticisms of capitalism are actually criticisms of government and highlights the remarkable gains in life expectancy and access to basic necessities that have occurred as a result of capitalism. They also mention exciting developments in areas such as cryptocurrencies, geoengineering, and plant-based meat.
EpisodeWhat capitalism gets right -- and governments get wrong | Katherine Mangu-Ward
PodcastTED Talks Daily
To achieve big progress, we need really weird people who can challenge the status quo and change the way we think about things.
03:41 - 10:23 (06:41)
Summary
To achieve big progress, we need really weird people who can challenge the status quo and change the way we think about things. However, as companies get comfortable, they lose their innovative edge and become less adaptable to change.
EpisodeWhat capitalism gets right -- and governments get wrong | Katherine Mangu-Ward
PodcastTED Talks Daily
This podcast explores the potential strengths of the public and private sectors and encourages them to stay in their lanes, while warning against government collaboration with business that could adversely affect the engine of the market.
10:25 - 12:02 (01:36)
Summary
This podcast explores the potential strengths of the public and private sectors and encourages them to stay in their lanes, while warning against government collaboration with business that could adversely affect the engine of the market. The second half of the episode discusses the link between mental, physical, and spiritual health and the potential for integrating the whole mind in major breakthroughs.