Radically True Money | Principles of Bitcoin Series | Episode 3 (WiM256)
The "What is Money?" Show
00:00
Ray's Formula for the Idea of Meritocracy
In an unfree market, you have top down, unnatural, despotic, traditional org chart. This would be much more like the idea of meritocratic organization. And what is the best and most useful idea demanded by consumers in the marketplace? That is the thing that wins. So that is free market capitalism in kind of a nutshell.
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