capitalism

“The problem with the kind of control economy is that you invest money according to how good people's reasons are, rather than according to how good the results are.”

“I think you can trace almost Every major problem that we have in the world today to the fact that capitalism has a very short term outlook. So it maximizes for what is good today, not what is great 10 years from now.”

“I do think either accidentally or deliberately our system has evolved to one in which the people who should be taking the really big risks and then reaping the really big rewards, it's turned into a system where those people can reap the really big rewards, bu…”

“It is inevitable and it is actually ideal that there are some level of inequality. In the world. It's not only inevitable, it's ideal. The opposite of that is, is a nightmare, but it's also the case that you do not want a third of society waking up every morni…”

“And by and large, what you have to do in capitalism is put up with a never ending chain of uncertainty and volatility and things you didn't see coming. And so it's never fun to deal with that. A recession, a job loss or stock market goes down. It's never, it's…”