capitalism

9 statements across 8 episodes · 3 bullish · 5 bearish · 5 people on the record · first statement Jan 2, 2019 by Larry Summers · across every show →

Everything said about capitalism, oldest first

Jan 2, 2019 negative
Opinion
Summers: Piketty's theory on capitalism and wealth growth is unconvincing
“I don't find his theory of the contradictions implicit in capitalism. And his theory of where the well, why wealth is rising at this rate to be a terribly convincing one.”
Larry Summers Jan 2, 2019 ▶ 1:58 a16z Podcast | The Two Big Problems With Thomas Piketty’s “Capital in the Twenty-First Century”
Jan 2, 2019 positive
Opinion
Summers: Technology and globalization, not capitalism, drive inequality
“So I think it is much better to analyze Inequality in terms of the fundamental forces of technology and globalization than it is in terms of any kind of inherent cultural contradiction of capitalism.”
Larry Summers Jan 2, 2019 ▶ 6:54 a16z Podcast | The Two Big Problems With Thomas Piketty’s “Capital in the Twenty-First Century”
Jan 2, 2019 negative
Insight
Markoff: The AI community prioritizes replicating human capabilities to eliminate labor
“I think that the AI community has a set of values that, that are about building systems that basically replicate human capabilities. That's their value set. And oftentimes, you know, in a, in an economic system where you can take labor out of the equation, tha…”
John Markoff Jan 2, 2019 ▶ 8:04 a16z Podcast | Talking Humans and Machines with NYT’s John Markoff
Jan 2, 2019 positive
Insight
Janah: The internet economy resolves capitalism's asymmetric labor and capital mobility
“The biggest problem with capitalism is that money can move freely across borders, but people cannot, and the internet economy completely turns out on its head”
Laila Janah Jan 2, 2019 ▶ 31:56 a16z Podcast | Connecting People with Digital Work, the Gig Economy, and More
Nov 16, 2022
Insight
Srinivasan: Capitalism and democracy are conflict resolution tools, not social foundations
“Both capitalism and democracy, by the way, are tools. They're conflict resolution tools, you know. Democracy is elections. Capitalism is markets. But like, within a family, or even within a company or a community, Not everything is an election or an auction. M…”
Balaji Srinivasan Nov 16, 2022 ▶ 2:08:44 The Network State with Balaji Srinivasan
Oct 21, 2023 positive
Assertion Not checkable as stated
Andreessen: Capitalism has lifted people out of poverty for 500 years
“Capitalism and free markets are the machine that has lifted people out of poverty for, you know, 500 years.”
Marc Andreessen Oct 21, 2023 ▶ 2:57 Why It's Time to Be A Techno-Optimist
Mar 13, 2024 bearish
Opinion
Andreessen: The EU is determined to place blanket bans on capitalism
“The EU seems absolutely determined to ban everything to sort of put a blanket ban on capitalism and within that ban AI and ban energy.”
Marc Andreessen Mar 13, 2024 ▶ 16:17 America Needs More Techno-Optimism, with Marc Andreessen and Tyler Cowen
Jul 16, 2024 negative
Opinion
Andreessen: Capitalist flaws are ten times worse under communism
“Any criticism that can be leveled against the capitalist society or economy you can just 10 X it. And you know, whatever it is, whether it's environmental damage or quality of life or whatever, it's just worse under communism.”
Marc Andreessen Jul 16, 2024 ▶ 17:48 Trump Vs. Biden: Tech Policy
Nov 19, 2025 negative
Assertion Partly supported
Andreessen: 1980s US Economics Textbooks Claimed Communism Was Superior to Capitalism
“American, common American undergraduate textbooks, economics textbooks, into the 19 eighties would stated as fact that communism was the superior economic system to capitalism, and they would have these charts of projected growth rates, and they would show tha…”
Marc Andreessen Nov 19, 2025 ▶ 58:39 Ben Horowitz & Marc Andreessen: Why Silicon Valley Turned Against Defense (And How We're Fixing It)
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