The Negative Externalities of Markets

In the U.S., economic form in this country is not governed by capital, it only exists because of the Treasury's promise to bail out banks and auto industry. To call it capitalism points in the wrong direction, it should be called something like treasureism, really. Even within a co-operation, even within co-operism, they're going to be regulated forms of exchange. And that's because there is no space, there is no economic space that is not regulated. It's how we regulated that matters.

Play episode from 27:11

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app