TED: What capitalism gets right -- and governments get wrong | Katherine Mangu-Ward

The video discusses the benefits and challenges of capitalism, highlighting its role in reducing poverty and increasing life expectancy. It contrasts capitalism's innovation with government intervention, using GM and Facebook as case studies. The speaker emphasizes the importance of allowing market dynamics to function without excessive government interference, advocating for a balance between public and private sectors to foster innovation and growth.

What new insight or understanding did you gain from this video?