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Peter Georgescu

Peter Georgescu

Author

Jun 3, 2025

20:02
the
20:03
short-term benefit of an interest of the shareholder, maximize the short-term value for shareholders.
20:12
And that became a version of capitalism, if you will, which unfortunately morphed into a cancer that really created the enormous problem for this nation.
20:28
It created a level of inequality from the most democratic, from the most, if you will, equalitarian nation in the history of the world, we became the most unequal.
20:45
financially, economically, nation in the developed world, with our, if you will, the ability to propel yourselves in a societal sense, the mobility, social mobility of our nation becomes one of the worst in the developed world, from the best to the worst.
21:08
And that's why I wrote that book that you pointed out, defining the problems that in essence we had to America.
21:16
Two Americas.

21 MINS LATER

42:18
What are some of the policies or the reforms that you think could get us back on the right track? And is it voluntary? Is it up to businesses? Do we need to have more in the way of regulation? What are some things you think could work?

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