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
Elli Sharef at Female Founders Conference 2014
Awesome! Hi everyone! I’m Kat Metallic, YCS Director of Outreach. I’m so super thrilled to see you all here. The next speaker that we have is Le Chef. Le is the founder of Higher Art, a tool that makes finding a job and recruiting employees less painful. …
The Secret Culture of Orcas | Podcast | Overheard at National Geographic
We’re up there just about the time that the polar night occurs, so that means it’s going to be dark essentially 24 hours a day. The sun never gets above the mountain peaks, so the light levels are extremely low. You’re in a boat in these little coves or, …
Charlie Munger: How Our Simple Method Effortlessly Beats The Market
If you’re a young investor and you can sort of stand back and value stocks as businesses and invest when things are very cheap no matter what anybody is saying on television or what you’re reading, and perhaps if you wish sell when people get terribly ent…
What Lies Beneath London’s Liverpool Rail Station? | National Geographic
[Music] People are surprised about what lies beneath London, especially when they find human remains. The Liverpool Street Station is one of the most important for archaeology because we’re right in the heart of the ancient city here. The cemetery was in …
Why OpenAI's o1 Is A Huge Deal | YC Decoded
Open AI’s newest model is finally here. It’s called 01, and it’s much better for questions around mathematics and coding, and scores big on many of the toughest benchmarks out there. So, what’s the secret to why it works? Let’s take a look. Inside OpenAI…
Dogecoin Is Out Of Control
What’s up, Steph? It’s Graham here, and on July 20th, 2020, at 6:50 p.m., I bought 217,391 Dogecoin at a price of 0.0046 cents a piece for a total of a $1,000 investment. Well, today, the time I’m making this video, that one thousand dollar investment ha…