“Capital Evolution offers a timely and clear examination of the shifting landscape of American capitalism, blending rigorous research with compelling storytelling. By exploring the rise of populism, growing economic inequality, and the erosion of public trust in institutions, the authors make a powerful case for what they call ‘Dynamic Capitalism’—a more inclusive, values-driven approach to business. This book is a call for action and essential reading for policymakers, CEOs, and anyone seeking to understand—and help shape—a more human version of capitalism.”
—Dina Sherif, Executive Director, MIT Kuo Sharper Center for Prosperity and Entrepreneurship, and Senior Lecturer, MIT Sloan School of Management
“Levine and MacBride offer an important intellectual framing for our times. They show how entrepreneurial dynamism combined with a long-term value orientation can deliver a broadly prosperous American economy that works for everyone—something we all need! Thought-provoking!”
—Reid Hoffman, Cofounder, Manas AI and LinkedIn, and Partner, Greylock
“Economic opportunity is a bedrock of our democracy—and business, government, and societal leaders must work collaboratively to ensure a more balanced economy. Capital Evolution outlines a new way of thinking about our economy that could define American capitalism for generations to come. Seth and Elizabeth share invaluable insights for Americans looking to help protect our opportunity economy.”
—Isabel Guzman, 27th Administrator, US Small Business Administration
“When you think about how much society has changed over the past 50 years, it’s hard to believe the prevailing model of capitalism has largely stayed the same. In Capital Evolution, Elizabeth MacBride and Seth Levine probe the frontier where new models are emerging. While not all these approaches will succeed, some will, and our world may be a better place when they do.”
—Seth Goldman, Cofounder, Just Ice Tea, Honest Tea, and PLNT Burger, and Chair of the Board, Beyond Meat
“Capital Evolution offers a vision for achieving economic growth while revitalizing the middle class, promoting equity, protecting the planet, and overcoming political polarization.”
—Suzanne DiBianca, Chief Impact Officer, Salesforce
“At PayPal I learned firsthand that the invisible hand of the market doesn't work for everyone. For too long, we've overlooked the plight of the working class and the result has been a society that is completely out of balance. In Capital Evolution, Seth and Elizabeth tell the compelling story of how and why capitalism needs to change. This is an important book for anyone who cares about the future of our economy and our democracy.”
—Dan Schulman, former CEO, PayPal
“In Capital Evolution Seth Levine and Elizabeth MacBride explore the long strange trip by which America has arrived at such a bewildering and precarious stage in its history. And having documented that journey, they go on to present a vision of an alternative economic future—Dynamic Capitalism—and the political and economic building blocks required to achieve it. Their insights, observations, and recommendations are not only fascinating and provocative but amount to an urgent must-read blueprint for restoring faith in business-centered capitalism—and even American democracy itself.”
—John R. Dearie, President, Center for American Entrepreneurship
“Tectonic shifts are reshaping capitalism. Capital Evolution brilliantly navigates this new world of complex change with fresh insight and sharp storytelling that is both pragmatic and optimistic. Levine and MacBride have written a blueprint for a more inclusive, resilient capitalism. Practical and forward thinking, this is essential reading.”
—David Smick, Global Macroeconomic Strategist and New York Times Bestselling Author, The World Is Curved
“Capital Evolution is a clarion call for us to join the movement to reimagine capitalism—interrogating our past, confronting our present realities, and putting forward new forms and alternatives to our current form of capitalism. Levine and MacBride nuance the ways that capital has shaped our American society and call us to be intentional about our individual role in shaping, evolving, and reforming capitalism versus succumbing to its ‘invisible hand.’”
—Nate Wong, Partner, The Bridgespan Group
“Over the past few centuries, capitalism has evolved to become the best economic system and wealth creation engine in the world. Seth and Elizabeth masterfully break down what is needed for its next evolution in this nuanced and timely book.”
—Javier Saade, Managing Partner, Impact Master Holdings
“A courageous and compelling road map for how capitalism can evolve to meet today’s challenges and shape a more resilient future. Levine and MacBride trace the roots and failures of neoliberalism—rising inequality, a decimated middle class, and deepening political divides—while presenting a hopeful alternative: dynamic capitalism. Defined as a renewed social consensus that prioritizes inclusivity, adaptability, and shared prosperity, this new framework centers long-ignored externalities like climate and equity as core business strategies. I finished the book feeling curious, excited, and ready to roll up my sleeves.”
—Kate Williams, CEO, 1% for the Planet
“An important and courageous book . . . MacBride and Levine have captured a burgeoning movement among elite finance professionals. The authors offer a slew of possible financial solutions to aiding and sustaining the rapidly diminishing American middle class."
—Pia Sawhney, Cofounder and Partner Emeritus, Armory Square Ventures