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#138 – Yaron Brook: Ayn Rand and the Philosophy of Objectivism
Lex Fridman Podcast
What Is Capitalism and What Do You Need Government For?
I have a pretty open mind, which sometimes can be painful on the internet because people mock me or if I say something nuanced about communism, people immediately put you in a bin. But let me nevertheless go into that direction with you. Let's talk about capitalism a little bit. How does objectivism compare relate to the idea of capitalism? Well, first we have to define what capitalism is - and Ray Dalio has no clue what capitalism is. So when he says there are real problems today in capitalism, he's not talking about capitalism. And I agree with many of the problems, but there's nothing to do with capitalism.
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