AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
#284 – Saifedean Ammous: Bitcoin, Anarchy, and Austrian Economics
Lex Fridman Podcast
Capitalism in Markets Is What Allows for the Scaling of the Market Economy
Capitalism in markets is not something that you need a central planner or a government officer to make happen. It's just our cognitive capacity allows us to develop tools that we can use for production. That's what humans have been doing since they started making spears to hunt. We're constantly accumulating capital and trading with one another. This is just a naturally emergent thing. Money is what makes it enormously powerful. money is what allows it to scale really.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode