FinTech Dystopia

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Book •
Drawing on more than a decade of research and hundreds of conversations with policymakers, journalists, and regulators, Allen explains how fintech and crypto have failed to deliver on their promises and why so much of Silicon Valley’s power comes from manipulating the law rather than from real innovation.

She also explores how the spread of tech-driven finance connects to the biggest issues of our time, from inequality to political influence.

Written as a serial for readers outside the academic or policy worlds, invites you to grab a drink, settle in, and learn how Silicon Valley is reshaping money, power, and the everyday economy and what we can do about it.

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Mentioned by Jake as the new book by Hilary Allen, a law professor at the American University Washington College of Law.
Hilary Allen, "Fintech Dystopia: A Summer Beach Read about Silicon Valley Ruining Things" (2025)

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