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22min chapter
Austrian Economics and Complex Systems with Rahim Taghizadegan (WiM376)
The "What is Money?" Show
The Impact of Technological Innovation
This chapter explores the rapid social change driven by technological innovation, particularly in the lives of the younger generation. It questions the factors that contribute to success in a changing world and the role of money in exacerbating economic change. The speakers discuss the process of creative destruction and its impact on individuals, as well as the susceptibility of those negatively affected by capitalism to false ideologies.
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