korrents

capitalism

Markets as a system rather than a market: what it is for, what it costs, and what people mean when they say they are retiring from it.

What people on korrents have said about capitalism, newest first — 6 positions from 5 people.

FilterEveryone, all time
Who Everyone PGPaul Graham 2 BSBalaji Srinivasan 1 DHDavid Heinemeier Hansson 1 EREric Ries 1 JMJavier Milei 1
When All time Past 1 yearPast 3 yearsPast 5 years
  1. PG

    Paul Graham quoted

    Our readingThe way to win at capitalism is to make customers' lives better rather than to squeeze them, because creating new things returns 10x where squeezing returns 2x at best.

    Their wordsThe way to win at capitalism is to focus on what it actually does (make customers' lives better) rather than the socialist caricature of it (squeeze every penny out of them). The latter gets you 2x returns at best, whereas making new things for people can get you 10x.

    ↗@paulg on Xx.com

    Interesting
  2. 4 weeks earlier
  3. DH

    David Heinemeier Hansson quoted

    Our readingRetirement, when it comes, will be a retirement from customers and commerce, not from building and sharing things.

    Their wordsBut I've also realized at some point when I retire, it will actually be a retirement from capitalism. It'll be a retirement from customers and the economic exchange.

    ↗DHH: How to Build a Profitable Company Without Losing Controlyoutube.com 12th of 15 in this recording

    Interesting
  4. 2 weeks earlier
  5. BS

    Balaji Srinivasan quoted

    Our readingThe primary global political axis has shifted from capitalism-versus-communism to ethnomasochism-versus-ethnonationalism.

    Their wordsThe primary axis is no longer the politico-economic axis of capitalism-vs-communism, but the ethno-cultural axis of ethnomasochism-vs-ethnonationalism.

    ↗The Network Statethenetworkstate.com 11th of 25 in this piece

    Interesting
  6. 2 months earlier
  7. ER

    Eric Ries quoted

    Our readingShareholder primacy is about forty years old rather than a natural law, and for centuries before it a corporation existed to pursue a specific beneficial purpose.

    Their wordsthis idea is old enough that we now have a generation of people who have been raised as if this was a natural law. This is how capitalism has always been. But that's wrong. For the vast majority of the time, for hundreds of years, we have had joint stock corporations. Only the last 40 have we had this idea.

    ↗How Anthropic, Costco, and Patagonia all build incorruptible companies | Eric Riesyoutube.com 15th of 24 in this recording

    Interesting
  8. 2 years earlier
  9. JM

    Javier Milei quoted

    Our readingFree-enterprise capitalism is not the cause of poverty but the only tool there is for ending hunger and poverty anywhere on earth.

    Their wordsLa conclusión es obvia: lejos de ser la causa de nuestros problemas, el capitalismo de libre empresa, como sistema económico, es la única herramienta que tenemos para terminar con el hambre, la pobreza y la indigencia, a lo largo y a lo ancho de todo el planeta.

    ↗Palabras del Presidente Javier Milei en la 54ª Reunión Anual del Foro Económico Mundial, Davos, 17 de enero de 2024casarosada.gob.ar

    Interesting
  10. 4 months earlier
  11. PG

    Paul Graham quoted

    Our readingSuperlinear returns are a feature of the world rather than an artifact of capitalism, and the same pattern runs through fame, power, knowledge and benefit to humanity.

    Their wordsBut superlinear returns for performance are a feature of the world, not an artifact of rules we've invented. We see the same pattern in fame, power, military victories, knowledge, and even benefit to humanity. In all of these, the rich get richer.

    ↗Superlinear Returnspaulgraham.com 2nd of 7 in this piece

    Interesting