yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Society Needs THESE Two Things in Order to be Successful


less than 1m read
·Nov 8, 2024

History has shown that there are only two things a society needs in order to be successful. The first is the ability to provide a good education to most people that teaches them skills and civility so they can be productive. In other words, the development of human capital. From the start, this teaching typically comes from parents and teachers who instill good values and principles to be productive with others.

The second is an environment that gives people the resources so that they can be productive. At its best, that environment provides financial capital that comes from investors, banks, and capital markets to invest in those who are capable of being productive. This environment must be a civil place to live, work, and raise one's families. Ideally, one in which there are many exciting people doing many exciting things, so that it is a creatively stimulating environment.

In other words, having the right people in the right environment that supports productive creativity throughout the life cycle is what it takes.

More Articles

View All
Warren Buffett's 3 New Stocks for 2022!
Well, it’s that time again. 13F season is upon us, which means we get to glimpse inside the buys themselves of the world’s, uh, biggest and most successful investors. Today, we’re kicking things off with the granddaddy himself, Mr. Warren Buffett. So, th…
The Untold Truth About Money: How to Build Wealth From Nothing.
Narrator: Let this circle represent $1,000,000. This is what ten million dollars would look like. This is what one hundred million dollars would look like, and this is what 1 billion dollars would look like. Jeff Bezos, the founder of Amazon, has a net w…
How Hot Can It Get?
Hey, Vsauce. Michael here. And my tea is quite hot, but it’s not the hottest thing in the universe. So what is? I mean, we know that there is an absolute zero, but is there an absolute hot? A point at which something is so hot it can’t get any hotter. We…
If Your Life is Falling Apart Do These 15 Things (Powerful)
Okay, so shit hit the fan, and now we’re here. Maybe it was your fault. Maybe the world screwed you over. But we need to figure a way out of this. And even better, to turn things around. By the end of this video, not only will we come up with a solution t…
Before You Visit Angkor Wat, Here's What You Need to Know | National Geographic
Eager to experience a spectacular sunrise at Cambodia’s ancient Angkor Wat? Here’s everything you need to know to get to this iconic site and make the most of your visit. Angkor Wat is actually just one of over a thousand temples that make up the ancient…
Kieran Snyder of Textio at the Seattle Female Founders Conference
To our next speaker, Sharon Schneider, who is the founder and CEO of Textio. Oh, so I actually started hearing about Textio last year from a number of YC alumni who used and loved Textio. They use Textio to analyze their job postings. So, Textio is used …