Labor and Capital Are Old Leverage

Naval

• Episode: Labor and Capital Are Old Leverage
• Website: Naval
• Feed URL: https://naval.libsyn.com/rss
• Duration: 00:04:42
• Published: 2019-04-15 13:06

Wealth requires leverage. Labor and capital are older forms of leverage that everyone is fighting over.

• Our brains aren't evolved to comprehend new forms of leverage 0:00

• Society overvalues labor leverage 1:08

• You want the minimum amount of labor that allows you to use the other forms of leverage 1:56

• Capital has been the dominant form of leverage in the last century 2:40

• You need specific knowledge and accountability to obtain capital 4:52

Transcript: http://nav.al/labor-capital