3min chapter

Capitalisn't cover image

Is Technological Progress Good For Everyone? With Daron Acemoglu

Capitalisn't

CHAPTER

Ferdinand De Lessa and the Suez Canal

Bethany Johnson: In your new book, you tell the story of Ferdinand de Lessa. She says he was a visionary who became hubristic as his success grew. You say we're living in an age where visionaries are more dangerous than fraudsters. Why? Because they have self confidence and their influence over society grows because of it.Johnson: We can't take Elon Musk's vision at face value; that doesn't mean small cadre should decide our future.

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