capitalism: everyone on the record — The Minutes https://minutesof.com/on/capitalism/ Everyone on the record about capitalism: 23 verbatim quotes from 4 people, April 2017 to May 2026, in one chronology, each with a timestamp and a link to… en Sun, 30 Aug 2026 22:32:51 +0000 Bill Gurley: Gurley lists specific metrics showing technology and capitalism drove massive human progress sinc https://minutesof.com/q/2aca191f-f082-4a44-81a0-b321f9ba5eb1/ https://minutesof.com/q/2aca191f-f082-4a44-81a0-b321f9ba5eb1/ “All those things happened because of technology, innovation, and capitalism, which is exactly what Leo the thirteenth was warning against.” — Bill Gurley, All-In Podcast Fri, 29 May 2026 22:47:49 +0000 capitalism David Friedberg: Friedberg frames the anti-capitalism argument as compounding advantages eventually making it https://minutesof.com/q/47f97036-0d34-42a8-a1e7-b274edeb26f6/ https://minutesof.com/q/47f97036-0d34-42a8-a1e7-b274edeb26f6/ “The problem with compounding in any is it eventually eats all of the whatever is in the system or it makes it hard for others to compete in that system or participate effectively in that system. And that's the argument that's being made today against capitalism.” — David Friedberg, All-In Podcast Tue, 12 May 2026 21:17:30 +0000 capitalism Bill Gurley: Gurley states capitalism and democracy corrupt each other over time through prolonged commingling https://minutesof.com/q/1fae7a7f-fcef-425f-a897-db976affd607/ https://minutesof.com/q/1fae7a7f-fcef-425f-a897-db976affd607/ “capitalism and democracy corrupt each other over time. Like at the starting state, everything's fine. But as they get to commingle for a really, really, really long period of time” — Bill Gurley, Tetragrammaton with Rick Rubin Thu, 12 Feb 2026 16:34:22 +0000 capitalism Bill Gurley: Gurley states capitalism and democracy corrupt each other over time as they commingle. https://minutesof.com/q/7326d4bb-2116-4a3f-a8cb-19023bd7d129/ https://minutesof.com/q/7326d4bb-2116-4a3f-a8cb-19023bd7d129/ “I made up this statement once that capitalism and democracy corrupt each other over time. Like at the starting state, everything's fine.” — Bill Gurley, Tetragrammaton with Rick Rubin Thu, 12 Feb 2026 16:34:22 +0000 capitalism Bill Gurley: Gurley argues capitalism and democracy corrupt each other over time, with most broken industries https://minutesof.com/q/71229363-71be-4b54-a271-59a7ce8e8e4f/ https://minutesof.com/q/71229363-71be-4b54-a271-59a7ce8e8e4f/ “No, I think it's gotten worse over time. I made up this statement once that capitalism and democracy corrupt each other over time. Like at the starting state, everything's fine.” — Bill Gurley, Tetragrammaton with Rick Rubin Thu, 12 Feb 2026 16:34:22 +0000 capitalism Bill Gurley: Gurley argues invisible hand capitalism with hyper competition is actively happening in China des https://minutesof.com/q/1948c3cb-c870-4afe-94f8-2523e15bb7e8/ https://minutesof.com/q/1948c3cb-c870-4afe-94f8-2523e15bb7e8/ “So I think the thing that a lot of people in Silicon Valley love about capitalism is this notion of the invisible hand and competition that leads to innovation and best practice, and the winners rise up and they're better for it. That is happening there.” — Bill Gurley, Tim Ferriss Wed, 17 Dec 2025 16:45:52 +0000 capitalism Brad Gerstner: Gerstner asserts less than half of people under 40 believe in capitalism. https://minutesof.com/q/2d3530cc-cd1c-49a0-8714-940b604b1fd8/ https://minutesof.com/q/2d3530cc-cd1c-49a0-8714-940b604b1fd8/ “There's a reason less than half of people under the age of 40 believe in capitalism, Ed.” — Brad Gerstner, Prof G Markets Thu, 04 Dec 2025 14:00:48 +0000 capitalism Brad Gerstner: Gerstner says 70% of Americans don't participate in market upside and less than half under 40 f https://minutesof.com/q/45f71de1-1ce4-4740-8c70-802b437ee5bd/ https://minutesof.com/q/45f71de1-1ce4-4740-8c70-802b437ee5bd/ “They don't have accounts that compound. They feel left out. They feel left behind. Less than half of people under the age of 40 have a favorable view of capitalism.” — Brad Gerstner, Bloomberg Live Thu, 05 Jun 2025 09:44:40 +0000 capitalism Brad Gerstner: Gerstner says less than half of under-40s believe in capitalism, making private accounts critic https://minutesof.com/q/a706399d-3e9b-43b9-aad2-423f40f48177/ https://minutesof.com/q/a706399d-3e9b-43b9-aad2-423f40f48177/ “Less than half of people under the age of 40 believe in it. Okay? Gallup, Pew, Axios, we have all the data.” — Brad Gerstner, Milken Institute Wed, 12 Feb 2025 20:55:21 +0000 capitalism Brad Gerstner: Gerstner says less than half of Americans under 40 believe in capitalism, prompting his proposa https://minutesof.com/q/2aac0e85-848b-45cb-9fd7-3e0e731cea05/ https://minutesof.com/q/2aac0e85-848b-45cb-9fd7-3e0e731cea05/ “Okay? He said the Marxists are going to hate this because every child from birth is going to be aligned with capital Right?” — Brad Gerstner, Hoover Institution Tue, 10 Dec 2024 20:07:35 +0000 capitalism Brad Gerstner: Gerstner claims all human GDP growth occurred after America's founding and wealth of nations pu https://minutesof.com/q/20238ddb-9934-4ffb-8be8-5c8775fdad9a/ https://minutesof.com/q/20238ddb-9934-4ffb-8be8-5c8775fdad9a/ “So we have two thousand years, you have no GDP growth. And it all happens to magically line up with, you know, the founding of America, the wealth of nations, limited government, entrepreneurialism, etcetera.” — Brad Gerstner, Hoover Institution Tue, 10 Dec 2024 20:07:35 +0000 capitalism Brad Gerstner: Gerstner says US GDP per capita is 100x Nicaragua's today versus equal 100 years ago. https://minutesof.com/q/9d6d7990-c199-4dc4-8fa5-e27d4c52bca4/ https://minutesof.com/q/9d6d7990-c199-4dc4-8fa5-e27d4c52bca4/ “The today, the GDP per capita of The United States to Nicaragua is a 100 x. Why? Right? We're living at a time where I think there's a lot of controversy about capitalism.” — Brad Gerstner, Summit Tue, 01 Oct 2024 18:01:32 +0000 capitalism Bill Gurley: Gurley argues Deng Xiaoping brought 500 million people out of poverty through capitalism, more th https://minutesof.com/q/c329b652-6d91-4ff3-af2a-6d587ac14427/ https://minutesof.com/q/c329b652-6d91-4ff3-af2a-6d587ac14427/ “No other human being, not not the most no, no, you know, not Mother Teresa, not like no altruist, no socialist has come anywhere close to this number that was done merely by unleashing the human potential that was latent inside of China by allowing for idea sharing and commerce” — Bill Gurley, Bg2 Pod Thu, 25 Jan 2024 16:05:50 +0000 capitalism Bill Gurley: Gurley argues Deng Xiaoping brought 500 million people out of poverty through capitalism, more th https://minutesof.com/q/ec27e8c3-9042-4449-984e-0ab902fca18e/ https://minutesof.com/q/ec27e8c3-9042-4449-984e-0ab902fca18e/ “Ding Xiaoping, who brought capitalism to China and brought 500,000,000, 500,000,000 people out of poverty.” — Bill Gurley, Bg2 Pod Thu, 25 Jan 2024 16:05:50 +0000 capitalism Brad Gerstner: Gerstner says the accounts would grow to $12,000 by age 10, giving kids ownership stakes in maj https://minutesof.com/q/8aaa9960-8612-4278-ba3f-9e55b74014f5/ https://minutesof.com/q/8aaa9960-8612-4278-ba3f-9e55b74014f5/ “At 10 years old, you'll have $12,000 in that account. You see that you own a little bit of Tesla, of of Microsoft, of UnitedHealthcare.” — Brad Gerstner, CNBC Television Wed, 08 Nov 2023 15:50:49 +0000 capitalism Brad Gerstner: Gerstner cites that 44% of Americans aged 18-29 believe socialism is superior to capitalism. https://minutesof.com/q/1be213de-3f77-4536-94a0-99cf393eb02b/ https://minutesof.com/q/1be213de-3f77-4536-94a0-99cf393eb02b/ “Joe, among the age group 18 29, 44% of that group believe socialism is a superior form of organizing government than capitalism.” — Brad Gerstner, Joe Lonsdale Wed, 25 Oct 2023 18:32:55 +0000 capitalism Brad Gerstner: Gerstner warns AI and ML will increase productivity but concentrate wealth distribution even mo https://minutesof.com/q/823c7162-0b03-49aa-a59b-2ff282b08a9c/ https://minutesof.com/q/823c7162-0b03-49aa-a59b-2ff282b08a9c/ “Global wealth, as measured by the mountain of labor and capital that exists in the world, the conveniences that will be available to people will be better than they've ever been before, but the distribution of those will be way more concentrated” — Brad Gerstner, Invest Like the Best Tue, 27 Oct 2020 09:30:00 +0000 capitalism Brad Gerstner: Gerstner predicts global wealth will increase but distribution will become more concentrated du https://minutesof.com/q/5efd8221-e7b8-46b2-972a-8c2d0e9de083/ https://minutesof.com/q/5efd8221-e7b8-46b2-972a-8c2d0e9de083/ “Global wealth, as measured by the mountain of labor and capital that exists in the world, the conveniences that will be available to people will be better than they've ever been before, but the distribution of those will be way more concentrated as we've already seen.” — Brad Gerstner, Invest Like the Best Tue, 27 Oct 2020 09:30:00 +0000 capitalism Brad Gerstner: Gerstner argues backlash against capitalism stems from technology revolution displacing human l https://minutesof.com/q/947329e8-4130-4bf5-ab5b-9a62051076ea/ https://minutesof.com/q/947329e8-4130-4bf5-ab5b-9a62051076ea/ “I would argue that's not really a feature of capitalism so much as it's a feature of a technology revolution.” — Brad Gerstner, Invest Like the Best Tue, 27 Oct 2020 09:30:00 +0000 capitalism Stanley Druckenmiller: Let's just take poverty in The United States. It was 26% a few decades ago. It was 16% https://minutesof.com/q/210dfc69-b305-42f4-b9cd-7d76ef71ed16/ https://minutesof.com/q/210dfc69-b305-42f4-b9cd-7d76ef71ed16/ “Let's just take poverty in The United States. It was 26% a few decades ago. It was 16% in the financial crisis, and it's 13% now. It's at an all time low.” — Stanley Druckenmiller, Bloomberg Television Mon, 06 Jan 2020 18:44:41 +0000 capitalism Stanley Druckenmiller: Druckenmiller argues that for every billionaire created, 400,000 people exited extreme https://minutesof.com/q/34e9616a-d454-4673-904e-a0acb8516308/ https://minutesof.com/q/34e9616a-d454-4673-904e-a0acb8516308/ “And with regard to all this other talk about billionaires and so forth. So during that same period, you've created 2,500 billionaires, but you've brought a billion people out of poverty.” — Stanley Druckenmiller, Bloomberg Television Thu, 19 Dec 2019 02:48:34 +0000 capitalism Stanley Druckenmiller: So 1,000,000,000 people have been lifted out of extreme poverty in the last twenty year https://minutesof.com/q/1c26dbd2-bdf2-4937-a590-b8084fb716b6/ https://minutesof.com/q/1c26dbd2-bdf2-4937-a590-b8084fb716b6/ “So 1,000,000,000 people have been lifted out of extreme poverty in the last twenty years. Why? Because obviously India and China adopted a free market model.” — Stanley Druckenmiller, Bloomberg Television Thu, 19 Dec 2019 02:48:34 +0000 capitalism Bill Gurley: Gurley argues the most regulated US industries like finance, telecom, and healthcare become the l https://minutesof.com/q/1d20d24a-3406-4520-80a8-3ae6099e3062/ https://minutesof.com/q/1d20d24a-3406-4520-80a8-3ae6099e3062/ “what happens is capitalism and democracy evolve over time, especially in The US federal system. The most regulated industries become the ones that are least capitalistic. And so finance, telecom, healthcare are completely,” — Bill Gurley, This Week in Startups Fri, 07 Apr 2017 23:27:51 +0000 capitalism