What Eric Ries thinks about capitalism

@eric-ries · 24 positions · On ppll ↗

Author of The Lean Startup and Incorruptible, and founder of the Long-Term Stock Exchange, who advises companies on corporate governance and mission protection.

Eric Ries did not write this page.

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Only Eric Ries on capitalism. See everyone on capitalism

1 dated position, 2026, in their own words. Our reading of what Eric Ries has said — not written or endorsed by them.

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1. 10 May 2026

   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