Look at a map of Africa. It’s no miracle that so many of the borders are straight lines, and it’s no coincidence that these random straight lines have caused untold political complexities. In that way, African nations are like money: a fiction imposed on the entire globe by a few decision-makers.In short, money is a collective fiction, a cultural technology used for the … [Read more...] about Capitalism Misallocates Resources. Web 3 Tech Can Help
capitalism
New Money and Contemporary Capitalism With Brett King and Patrick Murck
With the advent of cryptocurrency and related technologies, and with the failure of the existing banking-centric monetary architecture to address inequities and avoid financial crises, the one thing people tend to agree on is that our system of money needs an overhaul, specifically an upgrade to meet the needs of the digital economy.This episode is sponsored by Quantstamp and … [Read more...] about New Money and Contemporary Capitalism With Brett King and Patrick Murck