What is money and who rules the world? | Yanis Varoufakis | Escaped Sapiens #46
The Escaped Sapiens Podcast
What Is Money? And Who Holds Power in the World?
I want to ask you what money is and who, who holds power in the world. What's money? The best definition of money I've come across is by Karl Marx. He defined money as the alienated ability of humankind. It's a bit like light. For centuries, there were deep divisions between scientists on whether it's a stream of particles or a wave. So you had huge disagreements. Newton thought it was particles, Maxson thought it was waves,. the market was particles, the people thought it wasn't waves.
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