
Sign up to save your podcasts
Or
If you’re a crypto-phobe, or simply bored by fintech and all those “coins,” don’t let it stop you from listening to this episode. Rohan Grey places these topics within the context of our history, political economy, the law, MMT, policy, and today’s progressive movement. The fact that technology changes the world is nothing new. It affects everything.
You can look across history and say, look, it mattered when we created the written word and stopped building societies around oral communities where they passed things down through word of mouth. It matters when we had the printing press and created a system by which information could be developed, stored, mass-transmitted to large numbers of people. It mattered when we built the telegraph in the 19th century and started to connect the Atlantic to the new world and to be able to send wires across the world in a matter of minutes that used to take months to send through ship messages … So if you start from that point of view and look at that long history of different kinds of technology, obviously law and money play a big role in. It matters who funds these things.Once again, technology is changing the landscape. Railroad and oil barons are being replaced by the Elon Musks of the world. There’s a blockchain consortium in Congress, ensuring that their needs are met. The conversation around defining money and establishing the boundaries of public digital financial infrastructure reflects the ideologies and the interests of all kinds of people. Who will protect our privacy?
When seeking a force powerful enough to transform society, we turn to the working class. It, like everything else, is undergoing a transformation.
While there’s plenty of discussion about bitcoin and financial technology, Steve and Rohan constantly bring it back to MMT and the progressive movement. The questions we face as leftists are far-reaching and consequential. It’s not too soon to begin asking them.
Rohan Grey is an Assistant Professor of Law at Willamette University in Salem, Oregon, the founder and president of the Modern Money Network, and a research scholar at the Global Institute for Sustainable Prosperity.
https://modernmoneynetwork.org/
@rohangrey on Twitter
4.9
141141 ratings
If you’re a crypto-phobe, or simply bored by fintech and all those “coins,” don’t let it stop you from listening to this episode. Rohan Grey places these topics within the context of our history, political economy, the law, MMT, policy, and today’s progressive movement. The fact that technology changes the world is nothing new. It affects everything.
You can look across history and say, look, it mattered when we created the written word and stopped building societies around oral communities where they passed things down through word of mouth. It matters when we had the printing press and created a system by which information could be developed, stored, mass-transmitted to large numbers of people. It mattered when we built the telegraph in the 19th century and started to connect the Atlantic to the new world and to be able to send wires across the world in a matter of minutes that used to take months to send through ship messages … So if you start from that point of view and look at that long history of different kinds of technology, obviously law and money play a big role in. It matters who funds these things.Once again, technology is changing the landscape. Railroad and oil barons are being replaced by the Elon Musks of the world. There’s a blockchain consortium in Congress, ensuring that their needs are met. The conversation around defining money and establishing the boundaries of public digital financial infrastructure reflects the ideologies and the interests of all kinds of people. Who will protect our privacy?
When seeking a force powerful enough to transform society, we turn to the working class. It, like everything else, is undergoing a transformation.
While there’s plenty of discussion about bitcoin and financial technology, Steve and Rohan constantly bring it back to MMT and the progressive movement. The questions we face as leftists are far-reaching and consequential. It’s not too soon to begin asking them.
Rohan Grey is an Assistant Professor of Law at Willamette University in Salem, Oregon, the founder and president of the Modern Money Network, and a research scholar at the Global Institute for Sustainable Prosperity.
https://modernmoneynetwork.org/
@rohangrey on Twitter
1,397 Listeners
1,191 Listeners
307 Listeners
1,478 Listeners
1,524 Listeners
1,964 Listeners
1,781 Listeners
3,881 Listeners
738 Listeners
4,420 Listeners
43 Listeners
2,682 Listeners
529 Listeners
524 Listeners
246 Listeners