What Capitalism Gets Right – And Governments Get Wrong @TED #ted #shorts
51,111 views ・ 2023-04-17
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Most new ideas are bad.
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There’s a reason people haven’t done it before.
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Just like most mutations are
evolutionary dead ends.
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The thing about capitalism is
that it is an emergent system.
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Like all evolutionary mechanisms,
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powered by mutations.
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And in this case, what the
mutations are
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are very weird people
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trying new stuff.
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And when we need really big
progress, big new stuff,
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that means we need really, really weird people.
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I'm not saying that every weirdo has
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a brilliant apocalypse-averting idea
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that also happens to be
a viable commercial enterprise.
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The way forward is to figure out what the public
and private sector can each do best
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and help them figure out how to stay in their lane.
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Weirdos trying stuff and sometimes
being allowed to fail at it
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are our best hope as a species.
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