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Crypto, Traders and Unfettered Financial Markets with Stephen Diehl

Life Itself Podcast

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Is This the End of Capitalism?

Mabe: Unregulated markets have a desabilizing effect, i think, on our being and on our character. We want markets to be like natural selection - if the sharks eat the minnows, that's good for the sharks. Mabe: If everybody did that as a whole society, we're heading toward extinction. That doesn't seem healthy in the long run. And even for those partaking in it, as you said, unless you're incredibly short term, it's corrosive in the longrun.

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