How capitalism is supposed to work?

Thanks to Herb for sending me this clip from CNBC. The news anchor literally can’t believe what Chamath is saying. But there is so much sense in what he saying.  You can feel the old world thinking (pre-Covid19) talking out of the news anchor’s mouth.

Ironically if you put aside the new normal, big companies being bought by others is the way capitalism works. Its super clear capitalism has been warped to such an extent in favor of the 1% of billionaires.

So much for the American dream.

Author: Ianforrester

Senior firestarter at BBC R&D, emergent technology expert and serial social geek event organiser.