so would recently me having a lot of
conversations with my friends and
colleagues about politics due to the
movie Argo or election and all this
stuff prompted me to want to do a video
blog about politics but in a different
way I want you to think about it this
way right I mean many of us like sports
I don’t know about you maybe you watched
you Olympics and if you watch the
Olympics we like to see the fastest
runner right the perfect dive or the
gymnastics the perfect score of a 10
right we just love to beat prior best
who got a better score who did it better
we like breaking records right and in
business we also like to see who does it
better faster bigger because there’s
innovation competition so let’s look at
the three forms of economy in a way of
Olympics if this was the Olympics how do
the three forms of economy look for
Olympics let’s take a look at this here
together so we have capitalism we have
socialism we have communism right excuse
my handwriting but we have capitalism
socialism communism I’ve lived in a
couple of these but what does this have
to do with Olympics well let’s take a
look at this if capitalism was to be the
Olympics this is what it would look like
you have the first place second place
third place if the philosophy of
socialism was to be used in Olympics it
would look something like this there
would only be a first and a second and
everything pretty much drops but third
goes up a little bit and if there was
communism it would kind of just look
like this everybody’s at the same place
right so when you look at this you
wonder you ask the question which of
these creates the most innovation growth
I want you to think about somebody like
Sam Walton think about somebody like a
Ray Kroc or Steve Jobs or Bill Gates are
they good for the economy are they bad
for the economy well let’s take it to a
whole different level which one of these
economies would they have become who
they are today what what would have
happened to Steve Jobs Sam Walton Ray
Kroc or even Bill Gates if they were
born and lived in Yugoslavia or Russia
or Iran and they never left would you
and I know about them would the world be
better off without Walmart without Apple
without Microsoft without McDonald’s I
don’t know I want to hear from you on
what your thoughts are about the three
different forms of economy and which one
of them creates the most innovation that
leads to better economy in that nation please share
conversations with my friends and
colleagues about politics due to the
movie Argo or election and all this
stuff prompted me to want to do a video
blog about politics but in a different
way I want you to think about it this
way right I mean many of us like sports
I don’t know about you maybe you watched
you Olympics and if you watch the
Olympics we like to see the fastest
runner right the perfect dive or the
gymnastics the perfect score of a 10
right we just love to beat prior best
who got a better score who did it better
we like breaking records right and in
business we also like to see who does it
better faster bigger because there’s
innovation competition so let’s look at
the three forms of economy in a way of
Olympics if this was the Olympics how do
the three forms of economy look for
Olympics let’s take a look at this here
together so we have capitalism we have
socialism we have communism right excuse
my handwriting but we have capitalism
socialism communism I’ve lived in a
couple of these but what does this have
to do with Olympics well let’s take a
look at this if capitalism was to be the
Olympics this is what it would look like
you have the first place second place
third place if the philosophy of
socialism was to be used in Olympics it
would look something like this there
would only be a first and a second and
everything pretty much drops but third
goes up a little bit and if there was
communism it would kind of just look
like this everybody’s at the same place
right so when you look at this you
wonder you ask the question which of
these creates the most innovation growth
I want you to think about somebody like
Sam Walton think about somebody like a
Ray Kroc or Steve Jobs or Bill Gates are
they good for the economy are they bad
for the economy well let’s take it to a
whole different level which one of these
economies would they have become who
they are today what what would have
happened to Steve Jobs Sam Walton Ray
Kroc or even Bill Gates if they were
born and lived in Yugoslavia or Russia
or Iran and they never left would you
and I know about them would the world be
better off without Walmart without Apple
without Microsoft without McDonald’s I
don’t know I want to hear from you on
what your thoughts are about the three
different forms of economy and which one
of them creates the most innovation that
leads to better economy in that nation please share
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