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22min chapter
The Relationship of Money and Culture | Bitcoin is Venice Series | Episode 4 (WiM384)
The "What is Money?" Show
The Subjective Nature of Capital
This chapter explores the subjective nature of capital and its relationship to assets. It discusses how the value of certain assets can change depending on the situation and gives examples such as livestock, oil, and a railway trail transformed into a cycle path. The chapter also touches on the concept of objective value and the influence of Marx's economic theories.
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