Most of this lecture is merely a convoluted parallel construction of a fact which is already quite obvious, that if you want to make a profit you should avoid competition.

He claims that "the amount of value that you produce", and "the amount of that value that you can capture" are independent variables, but then spends the rest of his lecture treating them as strongly anti-correlated.

He touches briefly on the corrolary that capitalism does not actually reward people for the value they create, and seems to think of this as something of a problem, but I think that should be the focus of his lecture. If he really wants to convince the students of something that they didn't already believe, the talk should be titled "value is for losers".