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
5 Millionaire HABITS You Can COPY FOR SUCCESS | Kevin O'Leary
Hi there. As is usually the case, this week’s episode of Ask Mr. Wonderful was inspired by a question. This one from Zoe—really intriguing, loved that name by the way. Zoe writes, “I watched your Ask Mr. Wonderful episode when you explained how you made …
How Short Your Life REALLY Is
For the past month or so, I’ve been thinking a lot about life. And when people say that, they usually mean what they want to do in life; whether that be their career or relationships, or entertainment or leisure? But I’ve been thinking differently. Of cou…
How to get ahead of 99% of people
If you want an extraordinary life, you can’t live like an ordinary person. Matt Graham said, “the people that criticize you for being exceptional are those that have already accepted the fact that they’re going to be mediocre.” A YouTuber with a million s…
Why you will NEVER retire
What’s up, Graham? It’s guys here. So if you want to quit your job, stop working, and build wealth, there’s a strategy that allows you to live completely off your investments for the rest of your life without ever having to worry about money ever again. T…
Example reflecting quadrilateral over x axis
We’re asked to plot the image of quadrilateral ABCD. So that’s this blue quadrilateral here under a reflection across the x-axis. So that’s the x-axis, and we have our little tool here on Khan Academy where we can construct a quadrilateral, and we need to…
How Society Is Making Us More Scared Than Ever
Once upon a time, there was a wild pig and a sea cow. The two were best friends who enjoyed racing against each other. One day, the sea cow got injured and couldn’t race any longer, so the wild pig carried him down to the sea, where they could race foreve…