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The Jordan B. Peterson Podcast cover image

410. Discussing Impact Investment and ESG's with a BlackRock Executive | Terrence Keeley

The Jordan B. Peterson Podcast

NOTE

The Three Pillars of Societal Good and the Importance of Balance

Societies thrive when they have the three primary pillars of societal good in balance: markets for driving prosperity, good government through the state, and a thriving community or civic society. If any of these pillars are too strong or missing, societies tend towards crony capitalism or inefficiencies. Markets need to be both creative and destructive for efficiency, leading to disruptions like Uber, which despite negatively impacting some, vastly expanded the market for livery driving worldwide. The optimal balance requires markets, an efficient state, and a thriving community with NGOs and non-profits.

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