Oren Cass
speaker
818 appearances
4 recordings
3 series
first heard Nov 2025
last heard 3 Jun
Oren Cass’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in Feb 2026 with 2.
Appearances
Yeah, it's a great question.
And the way I understand it is not quite that it's a perversion.
And I think it's also important to say at the end of the day, the folks doing a lot of this stuff on Wall Street, it's also in a lot of companies that are even operating companies.
Increasingly, they try to suck money out for shareholders rather than build up companies.
It's not like they're doing anything illegal.
They're not even lying about it.
It's not a scam.
They are operating in the system as we have constructed it.
And so the core of the problem in my mind is that the entire premise of capitalism, you go all the way back to Adam Smith and all the way back to the invisible hand.
The core of your critique is the entire system of capitalism?
No, exactly the opposite.
I think that the entire system of capitalism – well, this is a good point, right?
A lot of people say, well, this is the problem.
Capitalism is just broken and can't
work.
I feel exactly the opposite.
I think that the basic premise of capitalism, the idea that you want to have a system where – people are always going to pursue their self-interest, right?
So the question is can you have a system in which people pursuing their self-interest also serves the public interest so that the things that generate the most profit for you also turn out to be good for other people?
And if you go all the way back to Adam Smith and the invisible hand, this is actually exactly what he was describing.
The invisible hand has become this like – it's a bad metaphor because it sounds like this magical force.
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