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
The Declaration of Independence | Period 3: 1754-1800 | AP US History | Khan Academy
On July 4th, 1776, the delegates to the Second Continental Congress approved the Declaration of Independence, and we know parts of it very well. For example, “We hold these truths to be self-evident, that all men are created equal.” The Declaration of Ind…
Ionic solids | Intermolecular forces and properties | AP Chemistry | Khan Academy
Let’s talk a little bit about ionic solids, which you can imagine are solids formed by ions. So let’s think a little bit about these ions. For example, we could look at group one elements here, especially things like lithium, sodium, or potassium. In many…
How to Build An MVP | Startup School
[Music] All right, uh today I’d like to talk to you about how to build an MVP or a minimum viable product. So if you haven’t seen this before, this is a meme that we love to talk about when trying to help founders with their MVP. It’s called the midwit me…
Graphical impact of cost changes on marginal and average costs
In the last video, we numerically studied how changes in productivity or cost might affect your marginal cost, your average variable cost, your average fixed cost, or your average total cost. In this video, we’re going to think about it visually. So, we …
Make Luck Your Destiny
I think it’s pretty interesting that the first three kinds of luck that you described, there are very common clichés for them that everybody knows. And then for that last kind of luck, that comes to you out of the unique way that you act, there’s no real …
Tips From an Ultramarathoner for Common Trail Injuries | Get Out: A Guide to Adventure
I’m Scott Jurek, and I’m an ultra-marathoner. Today, we’re gonna be talking about injury prevention. I love pushing myself to the edge, and when I’m injured, I’m not able to train; I’m not able to race. Thus, avoiding injuries — but then once they do occu…