Smash Notes
Why Doesn’t Koch Like the Word, “capitalism”
at 1:31:31
Answer
Because the word assumes that what his company is after is a system where certain people have a lot of capital. His company is after a system where everyone has the opportunity to realize their potential, including those who start with nothing. He feels that businesses should only profit to the extent of them helping improve people’s lives.
Where this answer comes from
- Show
- The Tim Ferriss Show
- Episode
- #381: Charles Koch — CEO of Koch Industries
- Date
People
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