The Escaped Sapiens Podcast cover image

What is money and who rules the world? | Yanis Varoufakis | Escaped Sapiens #46

The Escaped Sapiens Podcast

NOTE

The Central Role of Banking in Capitalism

Finance is the key to capitalism, with bankers as the providers of liquidity. They extract value from the future to fund present production, making them rich. However, they can push the system to its limits, causing broken promises and debt accumulation.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner