Everybody Can Be Wealthy - Akira the Don, Naval Ravikant

Overall capitalism is intrinsic to the human species

Capitalism is not something we invented

Capitalism is not even something we discovered

It is innate to us in every exchange that we have

When you and I exchange information, I want some information back from you I

give you information

You give me information

If we weren’t having a good information exchange you go talk to somebody else

So, the notion of exchange and keeping track of credits and debits

This is built into us as flexible social animals

We are the only animals in the Animal Kingdom that cooperate across genetic

boundaries

Most animals don’t even cooperate

But when they do, they cooperate only in packs where they call and walk

together and they share blood So they have some shared interest

Humans don’t have that Humans don’t have that

I can cooperate with you guys

One of you is a Serbian and the other one is a Persian by origin I’m Indian by

origin

We have very little blood in common basically none

But we still cooperate

And what lets us cooperate

It’s because we can keep track of debits and credits

Who put in how much work?

Who contributed how much?

That’s all free market

capitalism is

So, I strongly believe that it is innate to the human species

And we are going to create more and more wealth and abundance for everybody

Everybody can be wealthy

Everybody can be retired

Everybody can be successful

It is merely a question of education and desire You have to want it

Everybody can be wealthy

Everybody can be retired

Everybody can be successful

It is merely a question of education and desire You have to want it

If you don’t want it that’s fine then you opt out of the game

But don’t try and put down the people who are playing the game

Who are playing the game?

Because that’s the game that keeps you in a comfortable warm bed at night

That’s the game that keeps a roof over your head

That’s a game that keeps your supermarket stocked

That’s the game that keeps the iPhone buzzing in your pocket

It is a beautiful game that is worth playing ethically rationally morally

socially for the human race And it’s gonna continue to make us all richer and

richer

Until we have massive wealth creation for anybody who wants it

The US is a very popular country for immigrants because the American dream

Anyone can come here be poor and then work really hard and make money and get

wealthy

The definition of wealth is different for different people

A a first world citizens definition of wealth might be

I’ll have to make millions of dollars and I’m completely done

Whereas to a third-world poor immigrant just entering the country

And we were poor immigrants who came here when I was fairly young

Wealth may just be a much lower number

It may just be that I don’t have to work a manual labor job for the rest of my

life that I don’t want to work But groups that despise it will essentially

bring the entire group down to that level

If you get too many takers and not enough makers your society falls apart

Everybody can be wealthy

Everybody can be retired

Everybody can be successful

It is merely a question of education and desire You have to want it

Everybody can be wealthy

Everybody can be retired

Everybody can be successful

It is merely a question of education and desire

You have to want it

You live in a communist country look at Venezuela right

They were so busy taking and dividing and reallocating

That people are literally starving in the streets

And losing kilograms of body weight every year just through shear starvation

Another way to think about it imagine an organism that has too many parasites

You actually need some small number of parasites to stay healthy

And you need a lot of symbiosis like all the mitochondria in all of our cells

that help us respirate and burn oxygen

These are symbiotes that help us survive

We couldn’t survive without them

But to me those are partners in the wealth creation that creates the human body

But if you were just full with parasites that were purely parasitical you would

die You would die

Any organism can only withstand a small number of parasites And when the

parasitic element gets too far out of control you die

Everybody can be wealthy

Everybody can be retired

Everybody can be successful

It is merely a question of education and desire You have to want it

Everybody can be wealthy

Everybody can be retired

Everybody can be successful

It is merely a question of education and desire You have to want it

I’m talking about ethical wealth

I’m not talking about monopolies

I’m not talking about crony capitalism

I’m not talking miss pressed externalities like the environment

I’m talking about free minds and free markets

Small scale exchange between humans as voluntary

And doesn’t have an outsized impact on others

But I think that kind of wealth creation if a society does not respect it If a

group does not respect it

That society will plunge into ruin and darkness