4.8 • 3.4K Ratings
🗓️ 19 June 2019
⏱️ 69 minutes
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Mike Ruge joins Breht to discuss "Team Human" by Douglas Rushkoff.
The text we used as the foundation for this discussion can be found here: https://rushkoff.com/books/team-human-book/
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0:00.0 | Technology is not driving itself. It doesn't want anything. Rather, there is a market expressing |
0:06.4 | itself through technology. An operating system beneath our various computer interfaces and platforms |
0:12.4 | that is often unrecognized by the developers themselves. This operating system is called capitalism, |
0:18.4 | and it drives the anti-human agenda in our society at least as much as any technology. |
0:24.1 | Commerce is not the problem. People in businesses can transact in ways that make everyone more |
0:29.2 | prosperous. If anything, capitalism as it's currently being executed is the enemy of commerce, |
0:35.2 | extracting value from marketplaces and delivering it to remote shareholders. The very purpose of |
0:40.9 | the capitalist operating system is to prevent widespread prosperity. What we now think of as capitalism |
0:48.1 | was born in the late middle ages in the midst of a period of organic economic growth. Soldiers had |
0:54.1 | just returned from the crusades, having opened up new trade routes and bringing back innovations from |
0:58.8 | foreign lands. One of them, from the Morish Bizarre, was the concept of quote-unquote market money. |
1:05.1 | Until this point, European markets operated mostly through barter, the direct exchange of goods. |
1:10.8 | Gold coins, like the Florian, were just too scarce and valuable to be spent on bread. |
1:16.0 | Anyone who had gold, and most peasants, did not, hoarded it. Market money let regular people |
1:22.2 | sell their goods to one another. It was often issued in the morning, like chips at the beginning of |
1:26.6 | a poker game, and then cashed out at the close of trading. Each unit of currency might represent |
1:32.8 | a loaf of bread or a head of lettuce, and would be used as credit by the seller of those items as |
1:38.2 | a way of priming the pump for the day's trade. So the baker could go out early and buy the things he |
1:43.3 | needed, using coupons good for a loaf of bread. Those coupons would slowly make their way back |
1:48.8 | to the baker, who would exchange them for loaves of bread. The moors also invented grain receipts. |
1:54.5 | A farmer could bring a hundred pounds of grain to the grain store and leave with the receipt. |
1:58.6 | It would be perforated into ten pound increments, so that the farmer could tear off a portion |
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