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"The macro crisis tells us in no uncertain terms that we've got to shed the stale economic logic of the 20th century. Economies are powered by capital. Whitney, Bernanke, and the bankers of the universe are right about one thing: we've got to recapitalize a starving economy. But they're getting the bigger picture wrong: to power a wave of new industrial revolutions, we've got to seed it with newer, more valuable kinds of capital entirely."
Thought-provoking…
