Blackstone CEO: Capitalism is improving the standard of living

Blackstone CEO Stephen Schwarzman on the debate over capitalism versus socialism and the importance of improving the U.S. educational system.

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[Pperez]

This country is the best and so is capitalism i am a hispanic male i didnt finish i school and i am paying for it. But my niece went to a trade school for sterile processing tech in the medical field and she grew up poor too becuase she lives with me i work hard i live pay check to pay check but two weeks ago she got a job working at the hospital and now she is so happy with her job and she grew up with nothing. Next week she is getting a new car for herself she hasn't moved out yet but she can now save to do so she did all this by finishing school and trying hard she is proof that it doesn't matter if you grow up poor with no money if you don't try you will be poor the rest of your life.

[Stephen-zqwf]

Not sure Why we even ask these CEO's .. They are Highly Paid to Talk the Corp Line / Max ROI of their Investors .. and frankly Do Not Care about anything else

[ilovecoffee]

He is literally advocating for Socialism while praising Capitalism. How ironic. The education has been decreasing precisely because of government intervention over the years.

[Robert-vjvi]

"Income insufficiency"

Excellent.

[b_uppy]

Capitalism provides motive for everyday activities with complementary benefits, that are much broader in scope than totalitarian Communism can do. The will to do better for oneself is encouraged, education is pursued with purpose and will. It is primary instinct to survive and thrive is used to best purposes. The will to do better for oneself is encouraged. Education is pursued with purpose and will. The USSR was dirty and the people always fighting to get basics such as food from the government was a constant. Soviets were without the needed motivation to go beyond, ahem, "adequacy".

[yz]

We don't live in a capitalist society, what we have is a state social capitalism

[MarcoPolo-lbup]

Capitalism is improving the standard of living for millionaires.

[DaveSquibbSr]

It's the liberal takeover of our schools that has damaged our education system, before the liberal takeover we had one of the best education systems in the world.

[rudai]

Capitalism is good for some things, socialism is good for other things (healthcare for instance).

[clifrisner]

This guy needs to insert foot Immediately into his mouth. 🙋🏻‍♂️🏁🏃‍♂️God bless

[MrfuckinBeilke]

Capitalism is working great if you ignore all the facts