We're the only animals who cooperate across genetic boundaries, because we can track credits and debits in voluntary exchanges.
- Capitalism is intrinsic to the human species: 0:00
- Too many takers and not enough makers will plunge a society into ruin: 1:48
Show notes and transcript: http://startupboy.com/2019/03/05/capitalism-intrinsic
Once you’ve been in a good relationship with somebody for a while, life gets a lot easier because you know that person’s got your back.
We all know compounding is a powerful force, but there are nuances.
When you can’t walk away from a negotiation, improve your leverage by turning short-term relationships into long-term relationships.