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The Social Currency
- Why We Ought to Rethink Money | The Intersection of Bartering, Cryptocurrency, & Financing
- Narrated by: Carl Hughes
- Length: 4 hrs and 33 mins
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Publisher's summary
While watching the popular TV show Money Heist, in Episode 8, Season 2, right at the 40-minute mark, Cecil (CJ) John, the author, had an epiphany. The premise of the show was that a “bunch of losers” broke into the Royal Mint of Spain, seizing hostages with a singular strategy: Stay in the mint for as long as they could so that they could print as many unmarked euros as possible, effectively minting their own money.
The Social Currency addresses the idea that money is a social construct, and therefore so is poverty. The book showcases several communities that confronted their financial disadvantages by creating their own currency. These economic activists challenged the idea that money, by definition, had to be created and controlled by the government, locally instituting the printing of money in the process. Some examples of alternative currencies are the Brixton pound (B£) and blockchain’s bitcoin. Today, you can exchange the Brixton pound one for one against the pound sterling.
In 2017, the bitcoin cryptocurrency that the anonymous Satoshi Nakomoto reserved for himself, was worth $22 billion. It is time for the community to be actively involved in the process of minting money.
Money is a social construct and a medium for the exchange of value, and the essence of morality is the transaction. CJ traces the history of trade from bartering, standardized metal coins, through to government-controlled fiat, and today’s cryptocurrency. Interestingly, today we refer to blockchain as the Internet of value.
The dominant morality in any given moment arises from an oscillation of power between what the German philosopher Friedrich Nietzsche referred to as the Masters and the Herd or the oppressor vs. the oppressed. Absolute power corrupts, and it is time to challenge the idea that government-controlled money, and the “Masters” that support it, are suitable for the wider society. It’s time to confront the notion that money in its current state is appropriate for Herd’s social and fiscal interests.
Minorities, women, and even the disadvantaged among Whites struggle to raise valuable capital to develop their goods and services. The Social Currency concludes with a proposed strategy and technology infrastructure to alleviate poverty, the intersection of bartering, cryptocurrency, and financing. CJ will present the architecture that will realize innovations such as blockchain decentralized data so that the consumer not only controls but leverages their medical, academic, social media records, and more. Decentralized identities will allow consumers to seamlessly and secure the exchange of value across national borders.
Finally, the book will address how to comply with some of the regulatory hurdles necessary for the proper implementation of blockchain secure tokens offerings.
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- By Tristan on 01-18-16
By: John Kay
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System Error
- Where Big Tech Went Wrong and How We Can Reboot
- By: Rob Reich, Mehran Sahami, Jeremy M. Weinstein
- Narrated by: Kaleo Griffith
- Length: 11 hrs and 28 mins
- Unabridged
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In no more than the blink of an eye, a naïve optimism about technology’s liberating potential has given way to a dystopian obsession with biased algorithms, surveillance capitalism, and job-displacing robots. System Error exposes the root of our current predicament - how big tech’s relentless focus on optimization is driving a future that reinforces discrimination, erodes privacy, displaces workers, and pollutes the information we get- and outlines steps we can take to change course, renew our democracy, and save ourselves.
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Excellent on tech. Weak on political speech.
- By Kindle Customer on 11-05-21
By: Rob Reich, and others
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How the Other Half Banks
- Exclusion, Exploitation, and the Threat to Democracy
- By: Mehrsa Baradaran
- Narrated by: Priya Ayyar
- Length: 9 hrs and 36 mins
- Unabridged
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The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s.
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The Borrowers at the Fringe
- By Darwin8u on 09-13-16
By: Mehrsa Baradaran
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The Entrepreneurial State
- Debunking Public vs. Private Sector Myths
- By: Mariana Mazzucato
- Narrated by: Callie Beaulieu
- Length: 9 hrs and 33 mins
- Unabridged
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In this sharp and controversial international best seller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: The state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.
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Myth Breaker-a new model for innovation
- By Carl A. Gallozzi on 12-12-20
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The Mystery of Capital
- Why Capitalism Triumphs in the West and Fails Everywhere Else
- By: Hernando de Soto
- Narrated by: Bob Souer
- Length: 6 hrs and 52 mins
- Unabridged
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"The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail?
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Good global perspective on Capitalism
- By Nellie boi on 05-29-21
By: Hernando de Soto
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A Capitalism for the People
- Recapturing the Lost Genius of American Prosperity
- By: Luigi Zingales
- Narrated by: Jonathan Davis
- Length: 11 hrs and 20 mins
- Unabridged
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Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.
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Enjoyable but a tad predictable.
- By Kevin on 12-24-12
By: Luigi Zingales
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Red Flags
- Why Xi's China Is in Jeopardy
- By: George Magnus
- Narrated by: Derek Perkins
- Length: 9 hrs and 59 mins
- Unabridged
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Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. George Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.
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A pessimistic vision with western liberal bias
- By Jeronimo L. Jimenez on 10-23-20
By: George Magnus
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The Zero Marginal Cost Society
- The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism
- By: Jeremy Rifkin
- Narrated by: David Cochran Heath
- Length: 14 hrs and 15 mins
- Unabridged
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In this provocative new book, Rifkin argues that the coming together of the Communication Internet with the fledgling Energy Internet and Logistics Internet in a seamless twenty-first-century intelligent infrastructure—the Internet of Things—is boosting productivity to the point where the marginal cost of producing many goods and services is nearly zero, making them essentially free.
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Not a convincing argument-just stories & ideology
- By Pierre Parent on 07-26-17
By: Jeremy Rifkin
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The Great Reversal
- How America Gave Up on Free Markets
- By: Thomas Philippon
- Narrated by: Walter Dixon
- Length: 10 hrs and 1 min
- Unabridged
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Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.
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Eye-opening, but better as a book - a must-READ
- By Ash on 11-29-19
By: Thomas Philippon
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Postcapitalism
- A Guide to Our Future
- By: Paul Mason
- Narrated by: Gildart Jackson
- Length: 13 hrs and 42 mins
- Unabridged
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Over the past two centuries or so, capitalism has undergone profound changes - economic cycles that veer from boom to bust - from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new.
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some good ideas...
- By "ge-ko" on 06-19-16
By: Paul Mason
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The Sovereign Individual
- Mastering the Transition to the Information Age
- By: James Dale Davidson, Peter Thiel - preface, William Rees-Mogg
- Narrated by: Michael David Axtell
- Length: 19 hrs and 20 mins
- Unabridged
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Two renowned investment advisors and authors of the best seller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization.
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Unfortunately distopian for mosty of humanity
- By Phil on 09-29-20
By: James Dale Davidson, and others
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Who Controls the Internet
- Illusions of a Borderless World
- By: Jack Goldsmith, Tim Wu
- Narrated by: Bob Loza
- Length: 6 hrs and 24 mins
- Unabridged
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Is the Internet erasing national borders? Who's really in control of what's happening on the Net--Internet engineers, rogue programmers, the United Nations, or powerful countries?In this provocative new book, Jack Goldsmith and Tim Wu tell the fascinating story of the Internet's challenge to governmental rule in the 1990s, and the ensuing battles with governments around the world.
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Mostly delves into questions of law
- By Amazon Customer on 05-07-11
By: Jack Goldsmith, and others
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Money
- The Unauthorized Biography
- By: Felix Martin
- Narrated by: Nicholas Guy Smith
- Length: 12 hrs and 37 mins
- Unabridged
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From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind’s greatest inventions.
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Difficult to imagine how it could be worse
- By J. M. Batista on 09-19-17
By: Felix Martin