model
The illusion of freedom can extract more value than direct slavery because people work harder when they believe they control their lives or own equity.
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Equity
The illusion of freedom can extract more value than direct slavery because people work harder when they believe they control their lives or own equity.
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Key Notes
model
Dutch equity shares turned war finance into self-interest: investing in the company gave ordinary people a reason to support the anti-Spanish struggle.
Timestamped Evidence
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"...all the time, okay? over their lives. Another safe freedom is equity, right? Equity. So think of a company where I might give you..."
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"...to do that is to incentivize them by giving them shares, equity, in a company."
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"...create a middle class in Holland. So the first issue is equity, okay? But also, if you think about it, this is actually a..."
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"...today we have two bubbles. We have something called the private equity bubble, private credit bubble, okay, where private banks lend money to private..."
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"...that I am now part of a greater good I have equity in this game therefore I will defend this nation with my life..."
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"...of our lives we have the freedom of choice that with equity in society we can vote for leaders when in reality it's a..."
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"...young children with multiculturalism, with woke politics, with DEI, diversity, inclusion, equity, these ideas. So, these ideas, globalism, liberalism, and multiculturalism are cancers on..."
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"...Saudi Arabia, so friendly that when Jared Kushner started a private equity fund, Saudi Arabia invested $2 billion, okay? So for Jared Kushner, these..."
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"...after Jared Kushner left office, Jared Kushner set up a private equity fund. And MBS and the Saudi government invested $2 billion into the..."
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Relevant Lectures And Readings
Reading
The Dutch Golden Age begins with a poisoned Spanish windfall and ends with Vermeer exposing cracks in the respectable household.
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