Is capitalism still working, or is it due for an upgrade?

 

In this must-watch episode, authors Seth Levine and Elizabeth McBride discuss insights from their book Capital Evolution, sharing what they learned from interviewing top CEOs, including Jamie Dimon, Dan Schulman (PayPal), Peter Stavros (KKR), and others who are helping to reshape the social contract of business.

 

They explore:

• Why Jamie Dimon led 200 top CEOs to declare that companies should serve more than just shareholders.
  
  

"If you ask Jamie Dimon, are you a capitalist? Because we asked him that, he said, I'm a rapacious capitalist." – Seth Levine

• Why the old model of shareholder primacy is failing
  
  

• How economic mobility has collapsed:
  
  

"50 years ago, if you were born in the bottom 25th percentile of wealth, you had about a 25% chance of dying in the top 25th... Today, it's about 5%."

• Why ownership, not just wages, is key to the next phase of capitalism:
  
  

"Ownership is a key to this new future that we see."

• How businesses, not just governments, must now lead on economic reform:
  
  

"We believe in this current environment that businesses have the largest power and some responsibility to reshape the norms."

 

🎙️ Featuring stories from PayPal, KKR, Apollo, and others, this conversation is packed with ideas for business leaders, investors, and citizens alike.

 

📘 Pre-order the book: https://thecapitalevolution.com

🎥 Hosted by Kris Safarova at StrategyTraining.com

 

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