“Taxation has its limitations as a method of achieving better economic distribution since for this purpose it is essentially remedial. We must also take a positive approach by finding new ways to spread ownership of future capital growth more broadly in our society.” WayWisdomPurposePoliticsGrowthEconomyEconomicAchieveFindingsApproachMethodSpreadLimitationLiberalismOur SocietyOwnershipNew WaysDistributionTaxation Book:The second American revolution: some personal observations Source: The second American revolution: some personal observations
“I believe that our society's "mistake-phobia" is crippling, a problem that begins in most elementary schools, where we learn to learn what we are taught rather than to form our own goals and to figure out how to achieve them. We are fed with facts and tested and those who make the fewest mistakes are considered to be the smart ones, so we learn that it is embarrassing to not know and to make mistakes. Our education system spends virtually no time on how to learn from mistakes, yet this is critical to real learning.” KnowsLifeBelieveRealFactsProblemSchoolFormI BelieveGoalGrowthMistakeAchieveFiguresTaughtSmartPersonal GrowthInvestingCriticalMaking MistakesOur SocietyFedsEmbarrassingTestedLearning From MistakesEducation SystemElementary SchoolPhobia Author:Ray Dalio
“One of the greatest sources of problems in our society arises from people having loads of wrong theories in their heads - often theories that are critical of others - that they won't test by speaking to the relevant people about them. Instead, they talk behind people's backs, which leads to pervasive misinformation.” PeopleLifeProblemGrowthBehindsTheorySourceTestsPersonal GrowthInvestingCriticalAriseOur SocietyRelevantLoadMisinformation Author:Ray Dalio
“We fought hard for socialism in a devastating war of independence and reunification. To build an affluent and prosperous society, we chose the path of a socialist market economy. We have achieved strong economic growth, and yet the sense of solidarity in our society has not been lost. This is very important to people.” PeopleImportantWarHardLostStrongGrowthEconomyPathEconomicIndependenceSocialismOur SocietySocialistSolidarityProsperousEconomic GrowthMarket EconomyAffluentReunification Author:Nguyen Minh Triet
“The romance of circumvention is one of the most destructive forces at work in our society. The American Idol freeway to greatness, Instagramming one's way into popular consciousness with selfies of our ass folds beneath short shorts, human growth hormone and performance-enhancing drugs for athletes, Adderall for the idle mind, reality television that sacrifices our dignity for fifteen lousy minutes.” WayMindHumansRealityRomanceForceGrowthConsciousnessSacrificeMinutesGreatnessTelevisionDrugDignityPerformancesAthleteAssDestructiveOur SocietyIdolsFifteenIdleFoldsHormonesShortsAmerican IdolFreewaysReality TelevisionPerformance Enhancing DrugsGrowth HormonesShort ShortsAdderall Author:Daniel Gillies
“If you ask an economist what’s driven economic growth, it’s been major advances in things that mattered - the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that.” IfsProblemAsksGrowthEconomicMajorsMassDrivenOrganizedOur SocietyEconomistFarmingEconomic GrowthManufacturingMechanization Author:Larry Page