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528. Yuval Noah Harari Thinks Life is Meaningless and Amazing

Freakonomics Radio

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Trust is the Currency of Society

Money is fundamentally a social construct rooted in trust between individuals, challenging the perception of money as inherently evil or solely a capitalist tool. This perspective highlights that without collective trust, facilitated by government and societal frameworks, a free market cannot exist; instead, it would lead to chaos. Recognizing money as a fictional idea underlines the need for mutual agreement on its value and role in society, suggesting that our acceptance of money is part of an unconscious social contract.

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