Paul Mason: The financial market, which actually exists, is rigged and unfree. We have seen in three boom and bust cycles that crucial information is hoarded to the benefit of some and the destruction of others. A complex financial market forms the basis for lower risk, higher velocity capitalism. Complexity mitigates risk; regulatory intervention can only have a negative effect on the efficiency of the market. Ein Rand specifically added to this theory, which is an emotional commitment to amorality and inequality.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode