About this episode

The episode revisits the themes of George Bailey and the Miracle of Kingship from 'It’s a Wonderful Life' in relation to the mission of EXIT.

Last Christmas, I wrote an article titled George Bailey and the Miracle of Kingship : It’s my take on it’s a Wonderful Life, which is my favorite Christmas movie, and it’s one that many of you seemed to get a lot out of. EXIT is a fraternity dedicated to shorting managerial systems and building the human institutions that come next. Learn more here: In the process of writing it, talking about it, hearing your comments, and developing thoughts at EXIT over the last year, a lot of the ideas that we drew out of this movie feel increasingly relevant to the mission of Exit, so I thought I’d revisit it. So, like I did for The Feudal Instinct , this will be a “director’s cut.” I’m going to read the article, but I’m also going to add some elaboration and commentary of things we’ve been developing since last year. So here goes: [This post assumes you’ve seen It’s a Wonderful Life. If you haven’t, definitely watch it tonight.] Mr. Potter is basically right about George Bailey. You can’t run a lending business like a charity ward, particularly one owned by other people for whom you act as a fiduciary agent. If George Bailey gave away money to anyone who asked, he would bankrupt the building…

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