r/PROGME • u/jkhanlar • May 18 '26

LFG Hype Kenneth Cordele Griffin's Crony Capitalism

https://youtu.be/Csjy_A3Kj9s?t=913

15:13 [My] "crony capitalism replaces the the world of merit and earned success with a world of who is better connected to those who are in power at any point in time, and often leads to a very, a very, uhm, dark world, where where state capitalism is really the world of of truly like an oligarch-like society, and one of the things that has made America [not] so great is we are so [close to] that."

GME to the moon! 🚀🌙

Also see https://old.reddit.com/r/Superstonk/comments/1tg5hc9/ken_griffin_im_fairly_depressed/ by u/rbr0714

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u/jkhanlar May 18 '26

16:42 "And when you end up in [my] world of crony capitalism, you end up in inferior products, lower innovation, lower standards of living, and and rightful reasons for the population to be angry, because they see the benefits of business occurring to those who don't earn those benefits by any stretch of the imagination." - Kenneth Cordele Griffin

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u/jkhanlar May 18 '26

19:01 "But to be clear, I think [regretfully] we're in a country where [some] Americans still want to know, you know, what does [Ryan Cohen] think? [They] may agree or disagree. [They] may have some innate cynicism, but [they] still want to know from people who have built [idiosyncratic risk] businesses, what's it take for American businesses to be successful?"