The Strategy Skills Podcast: Strategy | Leadership | Critical Thinking | Problem-Solving

618: Rethinking Capitalism, Innovation, AI, and the American Dream (with Elizabeth McBride and Seth Levine)

25 snips
Jan 12, 2026
Elizabeth McBride, a journalist and author focused on finance and women's rights, and Seth Levine, a venture capital partner, discuss their book, Capital Evolution. They explore why young people lean toward socialism, sharing insights from a World Bank event that spotlighted the urgency of entrepreneurship. They argue that capitalism, while flawed, must evolve, and they highlight the importance of job creation amid AI's disruptive potential. The conversation underscores the need for nuanced dialogue around business, community, and the American Dream.
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ANECDOTE

Young Consultant Prefers Socialism

  • A young IT consultant at the World Bank told Elizabeth she believes socialism is the right answer for the U.S.
  • The exchange highlighted how many young people are genuinely disillusioned with capitalism.
INSIGHT

Youth Disillusionment Is Politically Material

  • Nearly half of people under forty now don't think capitalism works, which is reshaping political choices.
  • Seth Levine warns that socialism has never successfully delivered long-term prosperity where tried.
INSIGHT

Give People A Stake In The System

  • People without a stake in markets become receptive to alternatives like socialism.
  • Seth Levine argues expanding ownership and stakes in the system can reduce disillusionment.
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