Money, Coercion, and Government Policy with Noam Chomsky (WiM127)
Noam Chomsky joins for me for a conversation on money, government policy, the proper role of coercion in civilization, and the consequences of neoliberalism.
Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/
GUEST
Noam’s Website: http://www.chomsky.info/
PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:
OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 What is Money? And What is the Proper Role of Government in Money?
00:05:30 The Rise of Neoliberalism and Class Warfare
00:12:25 Financialization and the Bailout Economy
00:15:45 The Gold Standard Constrained Government Optionality
00:18:40 “Redlines” Laid Out by the Current US Republican Party
00:24:00 What Options Were Made Available by Abolishing the Gold Standard?
00:27:54 The Role of Inflation in Driving Wealth Disparity
00:33:00 Abolishing the Gold Standard and the Decoupling of Productivity and Wages
00:36:15 Who Bears the Costs of Limited Liability Incorporation?
00:39:30 Libertarian Perspective on Government Intervention and Unemployment
00:44:19 A Monopoly on Money Effectuates Limited Liability for Government?
00:49:30 Neoliberalism and a One-Sided Class War
00:51:35 NYDIG
00:52:43 What is the Proper Role of Coercion in Civilized Society?
00:57:00 The Decrying of Democracy
01:00:43 Do Free Markets Manifests What People Want?
01:04:44 The Integrity of Private Property Rights Prevents Cost Externalization?
01:07:53 The Proper Role of Market and State in Anarcho-Syndicalism
01:10:39 Is Democracy Intrinsic to the Free Market?
01:13:38 The Impact of Government Policy on Entrepreneurship
SOCIAL
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WRITTEN WORK
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