2min chapter

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734: Scott Galloway | Course Correcting an America Adrift

The Jordan Harbinger Show

CHAPTER

In a Healthy Capitalist Economy, the Capital Is at Risk

In a healthy capitalist economy, the capital is at risk. America used to be the best place to get rich. It's become the best place for people to stay rich. We're protecting and rewarding existing shareholders while diminishing opportunities for future innovators. That's the opposite of capitalism. When you have capitalism on the way up and you have socialism on the way down, you don't have either of those things. You have cronyism.

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