Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

2023-Part 2-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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The Pain of Free Market Capitalism

Free market capitalism automatically creates GDP per capita that grows and helps everybody, including the people at the bottom. But there's a lot of pain in that free market capitalism to the Portuguese workers in the Texasville Company in New Bedford. We do have government safety nets to take some of the pain out. The two aren't compatible politically over time.

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