This content was created by Capitalism.com. This content was uploaded by Capitalism.com. This is a YouTube video titled "Why 340 Million People Innovate for the World #podcast #american #capitalism" featuring Ryan Daniel Moran discussing the importance of rule of law in fostering innovation and entrepreneurship in the United States, contrasting it with the situation in China.
When someone asks me, what's your biggest issue? My biggest policy has been rule of law in China. Obviously, your company can be taken by the government. You say certain things. Your social credibility, like, there's a lot more that can happen to you by going against your government. And I think that one of the factors that makes us successful here is that we have clear rules of engagement. They're not perfect, but they're free enough. That it creates rich soil for great ideas means that capitalists and entrepreneurs get to keep playing with reliable rules, which has been part of the explosion. This tiny little nation of 340 million people, we innovate for the world. As an American and as a human, I just hope we really treasure that. And no matter what color, political party or whatever, we as entrepreneurs and capitalists, do our best to maintain that to the extent that we can.
