In our new book, Capital Evolution: The New American Economy we argue that capitalism’s next chapter won’t be written by policymakers alone.
Seth Levine shares investing life savings in Foundry only to face failure by May 2007, his wife’s belief that saved everything, and building $4 billion firm.
Dynamic Capitalism, Finding Alpha in the AI Cycle, Are Bubbles a Feature or a Bug, and Why the Future for America Is Still Bright (Seth Levine)
Seth Levine and Elizabeth McBride argue for an alternative model that recognizes the increasing influence of business in society and the need for companies to consider stakeholders beyond just shareholders.
Seth Levine talks about his book “Capital Evolution – The New American Economy.” We examine how capitalism must adapt to address inequality, trust, and long-term value creation. Seth is a co-founder and Managing Director of Foundry, a venture capital firm focused on building enduring technology companies.
Seth Levine, Managing Director at Foundry Group and co-author of Capital Evolution, joins Between Two COOs to talk about how the American economy is changing – and what that means for the people actually running companies
It is an article of faith among founders that start-up ventures need to pivot to remain successful. And on the 250th anniversary of the Declaration of Independence, the focus is on what some see as the ultimate start-up: the United States of America. Is this a moment for the world’s most powerful economic engine to pivot to a better form of capitalism?
From a macro-view, experts differ on what lies ahead for the US economy. Most would agree it is not working for everyone and that corporate and elected leaders would benefit us all by taking a fresh look at stubborn challenges. That’s where Capital Evolution: The New American Economy, the latest thought-provoking book by venture capitalist Seth Levine and finance journalist Elizabeth MacBride, squarely lands.
Proposing a more sensible & sane approach to capitalism
Business overtook government. Now what? The future of capitalism isn’t left or right — it’s forward.
Confidence in capitalism has wavered, but our next guest on The Reboot Chronicles, Seth Levine, brings a fresh and reassuring perspective.
Excerpt from Capital Evolution
Gresham Harkless welcomes Elizabeth MacBride, an author, entrepreneur, and award-winning business journalist specializing in finance, technology, and international business. Elizabeth discusses her latest work, Capital Evolution, which serves as a call to action to embrace change and ensure capitalism remains a dynamic force for progress.
Elizabeth MacBride explores how the evolution of capitalism in America has led to systemic inequalities, discusses the impact of shareholder primacy and neoliberalism, and highlights the need for reforms that restore the middle class, promote shared ownership, and address challenges like CEO pay, and environmental externalities.
In our book, Capital Evolution: The New American Economy, we observe and argue for a new movement to restore the United States economy to a more sustainable, equitable version of capitalism.
We’re living in an economy where disparities are only widening, and the gap between everyday working people and billionaires has become a vast, seemingly unbridgeable chasm. How did we get here? And how can we make capitalism work for all?
If it feels like corporations have more influence than elected officials right now… you’re not imagining it. Authors Seth Levine and Elizabeth MacBride unpack their new book, Capital Evolution: The New American Economy — and the argument that we’re living through a major transition in American capitalism. They break down how the last 50 years of “shareholder-first” thinking helped concentrate wealth and opportunity, why we’re now in a messy in-between era, and what they believe could come next: a more “dynamic capitalism” that still values markets, but expands ownership and opportunity, encourages longer-term thinking, and redefines the relationship between business, government, and the public.
This episode explores explores the intersection of technology, capitalism, and the future of work. Seth Levine shares insights from his latest book, Capital Evolution, examining how AI, innovation, and ownership models can drive a more inclusive and dynamic form of capitalism — one that rebuilds the middle class, empowers employees, and strengthens community.
How America lost its balance-and how it might find it again
In this episode of Outsider Inc., host Ian Hathaway sits down with Seth Levine, co-founder and longtime partner at Foundry, to explore a two-decade journey at the center of entrepreneurship, venture capital, and ecosystem building outside traditional power centers. Levine reflects on helping build Foundry into a top-tier venture firm based in Boulder, his belief in entrepreneurship as a driver of economic mobility, and the lessons behind his new book Capital Evolution. He also discusses backing overlooked founders, the philosophy of “give first,” winding down Foundry by design, and his latest chapter launching Good Bread, a lending platform that expands access to capital for small business owners traditionally shut out of the financial system.
In this episode, Shubha Chakravarthy speaks with Elizabeth MacBride and Seth Levine to explore:
– Why this moment in fundraising feels broken and why it is actually something else entirely
– The subtle signal investors are responding to now that most founders are not even naming
– How capital concentration quietly reshapes who gets funded and who never gets a second look
– Why ownership has become more than a compensation issue and what it reveals about long-term company strength
And much more.
In this conversation, Seth Levine and Elizabeth McBride discuss their new book, ‘Capital Evolution,’ which explores the shifting landscape of American capitalism. They delve into the challenges posed by neoliberal capitalism, the consequences of prioritizing shareholder value, and the need for a more inclusive economic model. The authors advocate for ‘dynamic capitalism,’ which emphasizes the importance of meritocracy, economic mobility, and the role of businesses in society. They also touch on the impact of AI on the workforce and the necessity for government reform to restore balance in power dynamics.
For decades, the American economy has run on an operating system built for another era—one shaped by deregulation, globalization, and shareholder primacy. That model powered remarkable growth, but in 2025, it no longer fits the world we live in. Economic anxiety is rising even when the data looks strong. Trust in institutions keeps eroding. Innovation accelerates, yet its benefits are unevenly shared.
One of the key features of capitalism is its capacity for evolution. Seeing the signs of strain that our current iteration of capitalism is creating everywhere around us, Seth Levine and Elizabeth MacBride believe it is time for another evolution and demonstrate how, working together, we can create an economy that works for everyone.
Seth Levine is a longtime venture capitalist and global advocate for entrepreneurship. He serves as a partner at Foundry, a Boulder Colorado venture capital firm he cofounded in 2006 that now manages nearly four billion dollars in assets.
“I ultimately believe in the long run that technology, humans, human ingenuity, will solve many of these problems, but we need to be deliberate about it. And we talk about the environment in the book, and we also talk about the middle class in the book, as kind of the same, same sort of actors in our economy, which are, these are things that we extract from under oursort of neoliberal form of capitalism.”
Venture capitalist and author Seth Levine breaks down “dynamic capitalism,” entrepreneurship and his new book, “Capital Evolution.”
In this episode of The Bear Roars, Dan sits back down with Seth Levine—Founding Partner at Foundry Group—for part two of their conversation, diving deep into the experiences that shaped his path from telecom dealmaker to one of Colorado’s most influential venture capitalists.
The American economy is a numbers game and those numbers are becoming more and more unfair. “30 years ago, if you were born in the bottom 25th percentile of wealth, you had about a 25% chance of dying in the top 25th percentile.” notes the venture capitalist Seth Levine. “Today you’ve got a 5% chance.” So what to do? What Levine wants is more rather than less capitalism. As he argues in his new co-authored (with Elizabeth MacBride) book, Capital Evolution, “if we want more people to have a stake in the economy, more people have to have a stake in the economy.” Thus the case for what he calls stakeholder capitalism. Only capitalism can save capitalism, Levine argues. Whether that’s Davos-style tautology or the way to right the wrongs of American capitalism is a more complicated question.
In this urgent and hopeful work, Levine and MacBride deliver a bold reassessment of capitalism in America, not as something to discard, but to reimagine. They argue that capitalism itself isn’t broken-it’s just the outdated version we’ve been practicing that’s no longer serving us.
In this episode of Conscious Millionaire, Seth Levine joins JV Crum to discuss the future of capitalism
In this episode of Trend Following Radio, we discuss American on the precipice, the messy middle of capitalism, immigration and border policy, diversity, merit, and DEI, and governance, safety, and the rule of law.
Elizabeth MacBride and Seth Levine join us for a conversation that reaches far beyond the pages of Capital Evolution. Their work explores how economic renewal is unfolding at the ground level, through entrepreneurs, community builders, and innovators who often go unseen in traditional narratives.
Meet Seth Levine, co-founder of Foundry Group and longtime venture investor. He shares the story behind building a $4B platform, why the firm chose not to raise future funds, and how he’s thinking about the next chapter of his life and work. We explore the ideas behind his new book, Capital Evolution, from capitalism as a social compact to declining mobility to how regulation, opportunity, and community shape the future.
In a story that uses Armenia as a case study, Elizabeth MacBride argues today’s most important strategic actors are business leaders.
This week, Seth Levine joins Scott “Shalom” Klein to discuss small business.
In this episode I am continuing to look at pathways to save us from the slow motion economic collapse of late stage capitalism. Today we’ll be talking to an author who has a roadmap to a new system the calls Dynamic Capitalism. Let’s see if we can find a Rational View to a solution. A passionate advocate for entrepreneurship and long-time venture capitalist, Seth Levine, works with venture funds and companies around the globe.
American capitalism is at a crossroads. Economic anxiety, political polarisation and the thinning of the middle class have made this unavoidable. Capital Evolution addresses this moment directly. Seth Levine and Elizabeth MacBride ask what form of capitalism can still offer a fair chance to most people, and what kind of economic model the United States is now drifting toward.
In this episode of the Startup Istanbul Podcast, Burak Buyukdemir speaks with Seth Levine and Elizabeth MacBride, authors of Capital Evolution and The New Builders. Together, they explore one of the most urgent questions in today’s economy: Is the American Dream still real — or has upward mobility collapsed?
For venture capitalist Seth Levine, the next era of capitalism won’t be defined by what we take away – but by what we rebalance.