2min chapter

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Escape Fantasies of the Tech Billionaires - Twitter Spaces w/ Adrienne Gibbs

Team Human

CHAPTER

How Does That Square With Gdp?

GDP has to grow because some twelfth century european monarchs were trying to stop the rise of the merchant class in the market place, who were using pur te pur currencies. They outlawed them and came up with central currency, so they could lend it to people to transact and then collect interest on it. This economic system served colonialism. It doesn't work in a civilization's middle age. You end up with perversions like bit coin, which is literally, we are going to burn the planet in order to convert carbon into a digital symbol system right where we are delivering planet to a digital symbol that's bizarre. The only reason the economy has to grow is to satisfy the underlying

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