How to challenge political spin with straight talk — Richard Denniss, Joelle Gergis, Yanis Varoufakis, Tom Keneally with Natasha Mitchell
Big Ideas
00:00
The Market Is Usurped
The concept of the market being all-seeing and outside of individual control is highlighted. The idea that consulting scientists to predict market behavior is irrational is discussed, with a reminder that the market is essentially a human construct. The notion that markets have been usurped and are no longer traditional entities tied to capitalism is presented, with the evolution of power from land ownership to control over machines and networks in the transition to capitalism emphasized.
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