Neoliberalism is broken. The economic model of the last thirty years. It worked for a bit, dragged the bottom two thirds of the world’s population up the income scale dramatically, facilitated the tech revolution. But it’s stopped working.
To me…we all draw our satisfaction from what we ourselves have been able to do with our lives. And if somebody, some government or someone else is just giving to me, I’m not going to be a happy person.
I think one first step is to distinguish between traditional banking, which sells money it has (or it can borrow very quickly, whatever) and finance, which sells something it does not have. And in that selling what it does not have lies its creativity. It has to invent instruments. And secondly—and they go together—it has to invade other sectors. Because it itself does not have what it needs to produce.
I enjoy clean air and clean water as much as the most rabid environmental person. I just think we can have the products of society, as well as having these things. Progress is a good thing. I’m just simply a realist. And I’m just trying to enjoy life, enjoy family, enjoy friends, and contribute to society as best I can. And I think providing energy, I think providing the metals that society consumes, that people have in their their iPads, in their iPods, in their iPhones… I think that’s an honorable thing to do. What else would you do? You know, why fight that?