General Intellect Unit cover image

008 - Red Plenty, Part 1

General Intellect Unit

00:00

The Economics of Capitalism

Vitalovich comes back into the equation in 1960 where he's presenting at a conference for technologists cyberneticians and economists. He is accused of trying to just reconstruct some of the elements of capitalism that would be uh would be dangerous to the society by introducing a price driven system. His rebuttal says there are prices and they measure opportunity costs but like these ode values are not are not market prices.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app