2min chapter

The Jordan Harbinger Show cover image

613: Ray Dalio | Why Nations Succeed and Fail

The Jordan Harbinger Show

CHAPTER

The Biggest Challenge for Leaders Is to Develop a Capitalist System

The biggest challenge for leaders is to develop a capitalist system that is both good at growing the pie and limiting inequalities within the system. You will get the best talent if you can draw from the largest population, he says. And it also makes it sense of fair and equality to produce equality, which then makes the system stable. This goes back to in all societies. If you go back to china, ind the mar cracy, some would say, began with confucius and maritocracy and exams and how they did it.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode