Podcasts · Naval

Labor and Capital Are Old Leverage

· 4:42 · Episode 21

Episode Labor and Capital Are Old Leverage

0:00 4:42

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

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