Simon Sinek

Your go-to is we follow the law? Like that's what you're going to stick with? What about ethics? What about civic responsibility? What about maybe it's okay to lose a little margin to be good for society, but you're gonna go with, until they change the laws, we're just gonna follow the laws. Like what a low bar to go through life, right?

Your go-to is we follow the law? Like that's what you're going to stick with? What about ethics? What about civic responsibility? What about maybe it's okay to lose a little margin to be good for society, but you're gonna go with, until they change the laws, we're just gonna follow the laws. Like what a low bar to go through life, right?

I mean, can you imagine cheating on your girlfriend and she brings it up to you, be like, it's not against the law. Right. Can't cheat on your wife. That's against the law. Yeah, yeah. We would be together. Cheat on your girlfriend. Not against the law. Right. We didn't sign a marriage contract yet. I don't owe you anything.

I mean, can you imagine cheating on your girlfriend and she brings it up to you, be like, it's not against the law. Right. Can't cheat on your wife. That's against the law. Yeah, yeah. We would be together. Cheat on your girlfriend. Not against the law. Right. We didn't sign a marriage contract yet. I don't owe you anything.

Low bar.

Low bar.

Low bar. Right. And so I think the rise, Adam Smith capitalism, which is the capitalism that made America great. It is not really existent anymore.

Low bar. Right. And so I think the rise, Adam Smith capitalism, which is the capitalism that made America great. It is not really existent anymore.

We have a Jack Welch, Milton Friedman capitalism, where we prioritize the shareholder over the customer and the employee, where we prioritize the quarter over the survival of the business, where short-termism became everything and shareholder supremacy became everything. We started using people to manage the books. We use mass layoffs. to meet our quarterly or annual projections.

We have a Jack Welch, Milton Friedman capitalism, where we prioritize the shareholder over the customer and the employee, where we prioritize the quarter over the survival of the business, where short-termism became everything and shareholder supremacy became everything. We started using people to manage the books. We use mass layoffs. to meet our quarterly or annual projections.

We're profitable, just not as profitable as we promised Wall Street, so you get to lose your job. Sorry, nothing personal, it's just business. And so capitalism is very broken. And I think the danger is that people are trying to throw the baby out with the bathwater. They're trying to throw out all capitalism because the system that we're in really is screwed up. But capitalism is awesome.

We're profitable, just not as profitable as we promised Wall Street, so you get to lose your job. Sorry, nothing personal, it's just business. And so capitalism is very broken. And I think the danger is that people are trying to throw the baby out with the bathwater. They're trying to throw out all capitalism because the system that we're in really is screwed up. But capitalism is awesome.

This version of capitalism is terrible. This version of capitalism is run by finance bros who speak in tongues that I definitely can't understand them. And by the way, I don't think they can understand me sells most of the time. And the stock market, the stock market was invented so that the average working American could partake in the wealth of a nation.

This version of capitalism is terrible. This version of capitalism is run by finance bros who speak in tongues that I definitely can't understand them. And by the way, I don't think they can understand me sells most of the time. And the stock market, the stock market was invented so that the average working American could partake in the wealth of a nation.

And the stock market exists for the middle class. The middle class is barely in the stock market anymore. It is now the playground of the 1%. And they are using our national institutions for their own personal gain. And then, I mean, just talk to any finance bro talk to any of them and you say, what societal good are you doing? What contribution are you making to society?

And the stock market exists for the middle class. The middle class is barely in the stock market anymore. It is now the playground of the 1%. And they are using our national institutions for their own personal gain. And then, I mean, just talk to any finance bro talk to any of them and you say, what societal good are you doing? What contribution are you making to society?

They all say the same nonsense. We're contributing to the economy and we're helping provide jobs. Then why are you okay with mass layoffs if you care so much about job production? You care so much about job production, why aren't you fighting tooth and nail to make layoffs only a last resort, not a first line of defense? Right? It's all rationalizing. It's just personal profit. That's all it is.

They all say the same nonsense. We're contributing to the economy and we're helping provide jobs. Then why are you okay with mass layoffs if you care so much about job production? You care so much about job production, why aren't you fighting tooth and nail to make layoffs only a last resort, not a first line of defense? Right? It's all rationalizing. It's just personal profit. That's all it is.

And last line of defense, not first, not first. Layoffs, I'm not against them as long as they're existential. How many CEOs of public companies who missed their quarterly results? They're profitable. It's not like they're losing money. They promised X percent and they made X minus 4%. And they're getting battered by the analyst class whose bonuses depend on not the success of your company.

And last line of defense, not first, not first. Layoffs, I'm not against them as long as they're existential. How many CEOs of public companies who missed their quarterly results? They're profitable. It's not like they're losing money. They promised X percent and they made X minus 4%. And they're getting battered by the analyst class whose bonuses depend on not the success of your company.