Everyday MBA Capital Evolution and the New American Economy
Jan 31, 2026
Seth Levine, co-founder and managing director of Foundry and co-author of Capital Evolution, discusses how capitalism must change to boost mobility and shared ownership. He covers expanding access to capital and ownership, leaders' roles in rebuilding trust and long-term thinking, venture capital’s responsibilities, and practical steps to grow more capitalists and prepare for AI.
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Neoliberalism Has Hollowed Economic Mobility
- The current neoliberal model centered on shareholder primacy has eroded economic dynamism and mobility.
- Seth Levine argues capitalism must evolve to restore opportunity and rebuild the American dream.
Ownership Drives Broader Economic Health
- Income gains since 1970 skew heavily to executives while middle-class growth stagnated.
- Levine says expanding ownership and participation is essential to improve overall economic performance.
Adopt Four Pillars For Durable Capitalism
- Adopt four pillars of 'dynamic capitalism': longer time horizons, more ownership, limited government role, and respect for rule of law.
- Use these pillars to guide corporate decisions toward durability and trust-building.
