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Not surprisingly, the present government is rapidly politicizing artificial intelligence. We don't have to look far for disastrous results.Original article: https://mises.org/mises-wire/ai-creative-destruction-and-politicization-economic-change
Not surprisingly, the present government is rapidly politicizing artificial intelligence. We don't have to look far for disastrous results.Original article: https://mises.org/mises-wire/ai-creative-destruction-and-politicization-economic-change
Trump and the CEOs go to China NVIDIA CEO joins Trump in China despite 'awkward' politics US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough Empty Waymos invade Atlanta neighborhood, circle cul-de-sac for hours with no passengers The Class of 2026 is cooked Chinese AI groups pull ahead of US rivals in video generation race Google Weighs Using SpaceX to Launch Orbital Data Centers What smart people are saying about OpenAI's new $10 billion company to help businesses deploy AI Bitcoin trader recovers $400,000 using Claude AI after getting 'stoned' and losing wallet password 11 years ago — bot tried 3.5 trillion passwords before decrypting an old wallet backup Your Mattress Got Worse on Purpose Host: Leo Laporte Guests: Harper Reed and Amy Webb Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: threatlocker.com/twit scribe.how/twit shopify.com/twit box.com/AI NetSuite.com/TWIT
Trump and the CEOs go to China NVIDIA CEO joins Trump in China despite 'awkward' politics US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough Empty Waymos invade Atlanta neighborhood, circle cul-de-sac for hours with no passengers The Class of 2026 is cooked Chinese AI groups pull ahead of US rivals in video generation race Google Weighs Using SpaceX to Launch Orbital Data Centers What smart people are saying about OpenAI's new $10 billion company to help businesses deploy AI Bitcoin trader recovers $400,000 using Claude AI after getting 'stoned' and losing wallet password 11 years ago — bot tried 3.5 trillion passwords before decrypting an old wallet backup Your Mattress Got Worse on Purpose Host: Leo Laporte Guests: Harper Reed and Amy Webb Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: threatlocker.com/twit scribe.how/twit shopify.com/twit box.com/AI NetSuite.com/TWIT
Is the era of American tech dominance ending? Get an inside look at how China's pragmatic approach to AI, robotics, and hardware is shifting the global balance, and why the US might need a new playbook to keep up. Trump and the CEOs go to China NVIDIA CEO joins Trump in China despite 'awkward' politics US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough Empty Waymos invade Atlanta neighborhood, circle cul-de-sac for hours with no passengers The Class of 2026 is cooked Chinese AI groups pull ahead of US rivals in video generation race Google Weighs Using SpaceX to Launch Orbital Data Centers What smart people are saying about OpenAI's new $10 billion company to help businesses deploy AI Bitcoin trader recovers $400,000 using Claude AI after getting 'stoned' and losing wallet password 11 years ago — bot tried 3.5 trillion passwords before decrypting an old wallet backup Your Mattress Got Worse on Purpose Host: Leo Laporte Guests: Harper Reed and Amy Webb Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: threatlocker.com/twit scribe.how/twit shopify.com/twit box.com/AI NetSuite.com/TWIT
Is the era of American tech dominance ending? Get an inside look at how China's pragmatic approach to AI, robotics, and hardware is shifting the global balance, and why the US might need a new playbook to keep up. Trump and the CEOs go to China NVIDIA CEO joins Trump in China despite 'awkward' politics US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough Empty Waymos invade Atlanta neighborhood, circle cul-de-sac for hours with no passengers The Class of 2026 is cooked Chinese AI groups pull ahead of US rivals in video generation race Google Weighs Using SpaceX to Launch Orbital Data Centers What smart people are saying about OpenAI's new $10 billion company to help businesses deploy AI Bitcoin trader recovers $400,000 using Claude AI after getting 'stoned' and losing wallet password 11 years ago — bot tried 3.5 trillion passwords before decrypting an old wallet backup Your Mattress Got Worse on Purpose Host: Leo Laporte Guests: Harper Reed and Amy Webb Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: threatlocker.com/twit scribe.how/twit shopify.com/twit box.com/AI NetSuite.com/TWIT
Is the era of American tech dominance ending? Get an inside look at how China's pragmatic approach to AI, robotics, and hardware is shifting the global balance, and why the US might need a new playbook to keep up. Trump and the CEOs go to China NVIDIA CEO joins Trump in China despite 'awkward' politics US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough Empty Waymos invade Atlanta neighborhood, circle cul-de-sac for hours with no passengers The Class of 2026 is cooked Chinese AI groups pull ahead of US rivals in video generation race Google Weighs Using SpaceX to Launch Orbital Data Centers What smart people are saying about OpenAI's new $10 billion company to help businesses deploy AI Bitcoin trader recovers $400,000 using Claude AI after getting 'stoned' and losing wallet password 11 years ago — bot tried 3.5 trillion passwords before decrypting an old wallet backup Your Mattress Got Worse on Purpose Host: Leo Laporte Guests: Harper Reed and Amy Webb Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: threatlocker.com/twit scribe.how/twit shopify.com/twit box.com/AI NetSuite.com/TWIT
Is the era of American tech dominance ending? Get an inside look at how China's pragmatic approach to AI, robotics, and hardware is shifting the global balance, and why the US might need a new playbook to keep up. Trump and the CEOs go to China NVIDIA CEO joins Trump in China despite 'awkward' politics US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthrough Empty Waymos invade Atlanta neighborhood, circle cul-de-sac for hours with no passengers The Class of 2026 is cooked Chinese AI groups pull ahead of US rivals in video generation race Google Weighs Using SpaceX to Launch Orbital Data Centers What smart people are saying about OpenAI's new $10 billion company to help businesses deploy AI Bitcoin trader recovers $400,000 using Claude AI after getting 'stoned' and losing wallet password 11 years ago — bot tried 3.5 trillion passwords before decrypting an old wallet backup Your Mattress Got Worse on Purpose Host: Leo Laporte Guests: Harper Reed and Amy Webb Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: threatlocker.com/twit scribe.how/twit shopify.com/twit box.com/AI NetSuite.com/TWIT
In this episode of The Sound of Economics, host Rebecca Christie talks about sustainable finance with Bruegel's Silvia Merler and Dirk Schoenmaker. How will markets adjust to the European Union's new disclosure framework, watered down by an 'omnibus' simplification package. Is it really simpler? Who is using the new disclosures and how could clearer rules attract more investment? How can the EU manage the creative destruction of transition and minimise the risk of stranded assets? They also discuss how United States asset managers invest and how they cast their governance votes. Should the European Central Bank offer a separate interest rate for finance linked to the energy transition? How do green bonds, sustainability-linked bonds and transition finance work in the market? For sustainable finance to reach its potential, the EU will need to improve its capital markets generally and find ways to make its disclosure framework more practical and internationally viable.Relevant research: Merler, S. (2025) ‘How to improve the European Union's sustainable finance framework', Policy Brief 05/2025, Bruegel. Merler, S. (2025a) 'Streamlining or hollowing out? The implications of the Omnibus package for sustainable finance', First Glance, 03 March, Bruegel. Schoenmaker, D. (2026) 'Risks for Europe of US dominance of global asset management', Policy Brief 07/2026, Bruegel.
**Note: In the first half of the episode, there is an abrupt break in the conversation where we briefly discussed this clip of Martyred IRGC General Hajizadeh. Sorry for the confusion!** Arash Joblaghi returns to the show (after a very long hiatus!) to discuss some of the broader historical trends that the Ramadan War demonstrated about the future (and present) of military conflict. Check out his earlier episode of the podcast, "The Meaning of Missiles" Watch the video edition on The East is a Podcast YouTube channel Consider supporting the show www.patreon.com/east_podcast
We end Season 10 with an intimate interview between the Nobel Prize winning economist Philippe Aghion and Will Hutton. They delve into the concept of "creative destruction," a term coined by economist Joseph Schumpeter, which highlights the dual nature of innovation in driving economic growth while simultaneously rendering older methods and certain industries and jobs obsolete. Aghion believes that for an economy to thrive creative destruction is key. They talk about certain countries such as Finland where creative destruction is allowed and supported to thrive by the Government. Aghion is Professor of Economics at the LSE. In the We Society podcast, join acclaimed journalist and Academy president Will Hutton, as he invites guests from the world of social science to explore the stories behind the news and hear their solutions to society's most pressing problems.Don't want to miss an episode? Follow the show on your favourite podcast platform and you can email us on wesociety@acss.org.uk and tell us who we should be speaking to. The We Society podcast is brought to you by the Academy of Social Sciences in association with the Nuffield Foundation and the Leverhulme Trust. Producer: Emily Uchida FinchAssistant Producer: Emily GilbertA Whistledown Production for the Academy of Social Sciences
The Nobel Prize in Economics 2025 recognized research showing that long-term growth depends on a relentless cycle of innovation replacing the old and creating the new. In a world marked by uncertainty, fragmentation and technological disruption, this insight feels more relevant than ever. Can the principles of creative renewal be turned into practical strategies for growth? Speakers: Saadia Zahidi, Managing Director, World Economic Forum Peter Howitt, Professor Emeritus, Brown University Philippe Aghion, Professor of Economics, INSEAD This is the full audio from a session at the Annual Meeting 2026 in Davos. Watch it here: https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2026/sessions/return-of-creative-destruction/ Check out all our podcasts on wef.ch/podcasts: YouTube: https://www.youtube.com/@wef Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552
Send us Fan MailJustin Gillam is a member of the Chicago area-based Americana band, the Mudflapps. He also studied literature and is an avid painter. He is also a brilliant solo artist and lyricist. Gillam's lyrics are about the human condition--the idea that to build something beautiful and worthwhile also requires a willingness to destroy what is there. In other words, creativity is not just about creating, but destruction of that which inhibits growth and expression. Gillam's own personal life serves as a model. His songs have a lot to do with vulnerability, lost loves, death of loves. But he is not a morose human being. Far from it. He surveys life with a cautious, but whimsical eye. His story of spending $90 to see Kris Christopherson and Merle Haggard perform for 45 minutes is both funny, but insightful. He may have been cheated on the show, but he was able to ingest the depth and songwriting sincerity of both of his idols during that brief concert. Gillam is a damn fine songwriter in the way he brings honesty and uniqueness to his songs. He is an excellent model to study and many more temples are out there to build and destroy. His website is www.justingillam.com.https://www.themudflapps.com/Support the showWe are always grateful to have you listening to STRUNG OUT. Here are some important links:SUPPORT THE SHOW:https://www.buymeacoffee.com/MartyfineaKMARTIN'S WEBSITE:http://www.MARTINMcCORMACK.COM (note---you can get my weekly bulletin when you sign up on the list!)MARTIN'S MUSIC: Music | Martin Laurence McCormack (bandcamp.com)Martin McCormack | SpotifyMARTIN'S YOUTUBE CHANNELMartin McCormack - YouTubeFACEBOOKFacebook...
Brian is joined by Christopher Smitherman to talk about the latest on the Cincinnati Police Chief debacle and his proposed charter amendment. Jack Atherton joins to talk AI and Creative Destruction. Donovan O'Neil breaks down a variety of tax issues on this Tax Day plus Judge Napolitano dives into the topic of American heresy.See omnystudio.com/listener for privacy information.
My guest today is Alan Waxman, co-founder and CEO of Sixth Street, a $130B global investment firm. Private credit is one of the most discussed topics in markets right now, and there is a lot to make sense of. The current discourse is almost entirely focused on symptoms. Alan Waxman has spent the time diagnosing the root cause. Alan thinks about the financial system the way a historian would, studying the incentives, guardrails, and market structure that determine how things play out. In this conversation, he traces the evolution of American finance from the 1929 crash through Glass-Steagall, the GFC, and Basel III to explain how we arrived at what he calls the factory model, the industrialization of liability-gathering and asset deployment that he believes is the root cause of everything happening in private markets today. This is my second conversation with Alan, our first one is one of my favorites from last year. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Ramp. Ramp's mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to ramp.com/invest to sign up for free and get a $250 welcome bonus. ----- This episode is brought to you by Vanta. Trusted by thousands of businesses, Vanta continuously monitors your security posture and streamlines audits so you can win enterprise deals and build customer trust without the traditional overhead. Visit vanta.com/invest. ----- This episode is brought to you by WorkOS. WorkOS is a developer platform that enables SaaS companies to quickly add enterprise features to their applications. Visit WorkOS.com to transform your application into an enterprise-ready solution in minutes, not months. ----- Rogo is the AI platform for finance. They're building agents for Wall Street that are trained to understand how bankers and investors actually do work: from diligence and modeling, to turning analysis into deliverables. To learn more, visit rogo.ai/invest. ----- This episode is brought to you by Ridgeline. Ridgeline has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Visit ridgelineapps.com. ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Timestamps (00:00:00) Welcome to Invest Like The Best (00:02:43) Intro: Alan Waxman (00:04:35) Financial System Guardrails & Incentives (00:05:56) System 1: Pre-1933 to 1999 (00:07:39) Glass-Steagall Legislation (00:10:46) Deregulation & Rise of System 2 (00:12:27) Leverage, GFC, and System 2's Collapse (00:14:25) Basel III, Dodd-Frank, and System 3 (00:15:32) Why System 3 Could Be the Best Ever (00:19:04) Behavioral Shifts Starting in 2018 (00:19:52) The Factory Model (00:24:33) Acceleration of Factory Model (00:28:25) FRE Multiples and GP Incentives (00:34:59) Wealth Channel & Asset-Liability Mismatches (00:36:15) Why This Won't be the Next GFC (00:45:31) AI, Creative Destruction & Opportunity (00:49:35) Alan's One-Sheet Brain System (00:55:01) Lessons by Decade: Hui (00:59:28) Face the Tiger
// GUEST // X: https://x.com/toouufii Website: https://www.hypercycle.ai // SPONSORS // Blockware Solutions: https://mining.blockwaresolutions.com/breedlove Performance Lab Supplements: https://www.performancelab.com/breedlove The Farm at Okefenokee: https://okefarm.com/ // PRODUCTS I ENDORSE // Protect your mobile phone from SIM swap attacks: https://www.efani.com/breedlove Lineage Provisions (use discount code BREEDLOVE): https://lineageprovisions.com/?ref=breedlove_22 Colorado Craft Beef (use discount code BREEDLOVE): https://coloradocraftbeef.com/ Salt of the Earth Electrolytes: http://drinksote.com/breedlove Jawzrsize (code RobertBreedlove for 20% off): https://jawzrsize.com Efani — Protect Yourself From SIM Swaps: https://www.efani.com/breedlove // UNLOCK THE WISDOM OF THE WORLD'S BEST NON-FICTION BOOKS // https://course.breedlove.io/ // SUBSCRIBE TO THE CLIPS CHANNEL // https://www.youtube.com/@robertbreedloveclips2996/videos // TIMESTAMPS // 0:00 – WiM Episode Trailer 1:25 – Podcast Begins 12:10 – Defining Intelligence: What Does AGI Actually Mean? 19:00 – Mine Bitcoin with Blockware Solutions 20:26 – Bitcoin as the Heart of a Global Organism 36:00 – The Internet of AI: Decentralization by Construct 45:48 – Performance Lab Supplements 47:20 – Why the Centralized AGI Threat Is Already Behind Us 1:00:00 – Consciousness, Extension, and Who Owns Your Brain 1:07:51 – The Farm at Okefenokee 1:09:21 – Job Destruction, Creative Destruction, and the Economy of Agents 1:25:00 – Incentives, Human Nature, and Collaborative Civilization 1:33:08 – Protect Yourself From SIM Swaps 1:34:14 – Unlock the Wisdom of the Best Non-Fiction Books // 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 RSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL // Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: https://strike.me/breedlove22 Paypal: https://www.paypal.com/paypalme/RBreedlove Venmo: https://account.venmo.com/u/Robert-Breedlove-2 // SOCIAL // Breedlove X: https://x.com/Breedlove22 WiM? X: https://x.com/WhatisMoneyShow Linkedin: https://www.linkedin.com/in/breedlove22/ Instagram: https://www.instagram.com/breedlove_22/ TikTok: https://www.tiktok.com/@breedlove22 Substack: https://breedlove22.substack.com/ All My Current Work: https://linktr.ee/robertbreedlove
How did an industry survive a technology that should have made it obsolete? Aled Maclean-Jones explains to EconTalk's Russ Roberts how Japanese quartz watches nearly wiped out Swiss watchmaking with cheaper, more accurate alternatives--and how the Swiss redefined the value of a watch to recover market dominance. Maclean-Jones discusses the Japanese innovations that led to the Swiss industry's collapse; the brilliant decision by a pair of Swiss mavericks to change the narrative around mechanical watches; and the consolidation and standardization of Swiss watchmaking undertaken by Swatch founder Nicolas Hayek.
Our podcast explores the strategic necessity of cannibalizing current profits to survive industry shifts, a process defined as Strategic Renewal. We discussed how Strategic Inertia—fueled by cognitive biases and legacy investments—often traps established companies. We concluded that to avoid obsolescence, leaders must overcome the Performance Paradox (temporary profit dips) and embrace Creative Destruction, trading short-term pain for long-term competitive survival. Mayank JHA, Thanh Nguyen & Rishab Richie Poojary Let's go 1v25 by Setuniman -- https://freesound.org/s/715598/ -- License: Attribution NonCommercial 4.0 L'article Corporate Entrepreneurship MBA – Season 2- E1 – Corporate Entrepreneurship & AI est apparu en premier sur La 1ère chaine académique de podcasts sur l'entrepreneuriat.
The end of the year is fast approaching and The FarrCast is here for insight into what comes next! Michael Farr welcomes Dr. Jeffrey Lacker, former President of the Richmond Federal Reserve for a wide ranging conversation over a double segment. Kenny Polcari explains why he thinks any pullback is likely to be shortlived and Dan Mahaffee gives us the latest from DC.It's The FarrCast! Wall Street, Washington, and The World!
Future Tech and Economic Shifts: Colleague Jim McTague predicts "creative destruction" where old industries fade, expressing bullishness on solar power due to data center demands and envisioning self-driving cars and useful humanoid robots revolutionizing daily life, with rate cuts expected in 2026 as consumers rebuild savings after a period of spending. 1890 ERIE PA
Is Solana the next evolution of Bitcoin's corporate playbook? Lance Roberts and DeFi Development Corp. CFA, Parket White, explore how digital assets like Solana, stablecoins, and tokenized treasuries are reshaping balance sheet strategy for companies and investors alike. 0:19 - INTRO 2:11 - Digital Asset Strategy & Solana - the upside potential 3:36 - The MicroStrategy Idea - holding Bitcoin (instead of Gold) 6:31 - Treasury Vehicle Advantages - access Taxation of Cryptocurrency 9:11 - Disadvantages & Risks of Cryptocurrency - liquidity issues & Michael Saylor's view: Shifting to preferred stocks 12:56 - The Problem for Bitcoin - betting on debasement & limited supply vs fractionalization 15:14 - Fiat Currency, Inflation, & Distribution 16:02 - Proximity to the Money Spiggot 18:10 - Stablecoin, Coinbase, Solana, & Treasury Business - Solana actually generates yield; proof of work vs mining 19:05 - THe Meaning & Mechanism of Staking: Inflation rewards & transaction fees; staking & un-staking 22:48 - How payouts are made 24:54 - Solana Crypto network: usability, growth, tokenized assets, and upside potential - Legacy payment systems will be moving to the chain 28:02 - Key metric is Solana-per-share 30:21 - Stripe & other adopters of blockchain assets - what about the need for major banks? 31:25 - The whole point of cybercurrency is to get around major money center banks - What's the risk in this gameplan? 34:33 - The Conspiracy Theory: Major banks' influence on SEC to create regulatory legislation against cybercurrencies 35:34 - The Politics behind Crypto 37:17 - Tether - Largest cyrpto holder, 5th largest holder of treasuries 38:18 - The Creative Destruction of Capitalism 39:50 - Three Things About Digital Asset Treasuries - know what you own, management team, track record of execution; treasury #DFDV
Join us as we talk to Kurt Avery, founder of Sawyer Products, about building a successful, state-of-the-art business committed to "Business as Mission." Discover how their revolutionary water filters and insect repellents have become tools for global change.What you'll learn:Life-Changing Technology: How Sawyer's compact water filters, which can last 10-20 years, are ending waterborne diseases and leading to medical clinics closing in places like Nairobi slums.Mission-Driven Profit: Kurt shares his principle of running a highly profitable business and giving away more than 90% of the net profit to charitable work.The Business Strategy: Get key insights into Kurt's philosophy, including the game-changing concept of "Creative Destruction"—learning to predict market changes 3-5 years ahead.Mass Distribution Ready: Hear about Sawyer's newest products and technology, including QR codes and AI training, ready to reach 30 million people annually.Key Take-Way:Learn how to build a great company that pursues profit ethically while simultaneously fulfilling a global mission "to the glory of God"Check out Sawyer Products below:WebsiteLinkedInInstagramYouTube
Aaron Benanav discusses the second part of his ‘Beyond Capitalism' essay series in the New Left Review. In this part he lays out the institutional design of his proposal of a multi-criterial economy. Shownotes Aaron at Cornell University: https://cals.cornell.edu/people/aaron-benanav Aaron's personal website: https://www.aaronbenanav.com/ Access to Aaron's paywalled publications: https://www.aaronbenanav.com/papers Mailing List to join the Movement for Multi-Dimensional Economics: https://docs.google.com/forms/d/e/1FAIpQLSeUF7MZ2jQJXY_wHKn5xSIo-_L0tkMO-SG079sa5lGhRJTgqg/viewform Benanav, A. (2025). Beyond Capitalism—1. New Left Review, Issue 153, 65–128. https://newleftreview.org/issues/ii153/articles/aaron-benanav-beyond-capitalism-1 Benanav, A. (2025). Beyond Capitalism—2. New Left Review, Issue 154, 97–143. https://newleftreview.org/issues/ii154/articles/aaron-benanav-beyond-capitalism-2 Benanv, A. (2020). Automation and the Future of Work. Verso. https://www.versobooks.com/products/2682-automation-and-the-future-of-work on economic stagnation, see especially chapter 3, “In the Shadow of Stagnation”. on Marx's concept of the Value-Form: https://www.marxists.org/archive/marx/works/1867-c1/appendix.htm Moore, J.W. & Patel, R. (2020). A History of the World in Seven Cheap Things. A Guide to Capitalism, Nature, and the Future of the Planet. Verso. https://www.versobooks.com/products/817-a-history-of-the-world-in-seven-cheap-things on the abstract domination of capitalism: Postone, M. (1993). Time, Labor and Social Domination. A Reinterpretation of Marx's Critical Theory. Cambridge University Press. https://files.libcom.org/files/Moishe%20Postone%20-%20Time,%20Labor,%20and%20Social%20Domination.pdf Mau, S. (2023). Mute Compulsion. A Marxist Theory of the Economic Power of Capital. Verso. https://www.versobooks.com/products/2759-mute-compulsion Leipold, B. (2024). Citizen Marx. Republicanism and the Formation of Karl Marx's Social and Political Thought. Princeton University Press. https://press.princeton.edu/books/hardcover/9780691205236/citizen-marx on GDP (Gross Domestic Product): https://en.wikipedia.org/wiki/Gross_domestic_product on the Five-Year Plans in the Soviet Union: https://en.wikipedia.org/wiki/Five-year_plans_of_the_Soviet_Union Katsenelinboigen, A. (1977). Coloured Markets in the Soviet Union. Soviet Studies. Vol. 29, No.1. 62-85. https://www.jstor.org/stable/150728 Uvalić, M. (2018). The Rise and Fall of Market Socialism in Yugoslavia. https://www.researchgate.net/publication/331223694_The_Rise_and_Fall_of_Market_Socialism_in_Yugoslavia on Friedrich Hayek: https://en.wikipedia.org/wiki/Friedrich_Hayek Hayek, F. A. (1945). The Use of Knowledge in Society. The American Economic Review, 35(4), 519–530. https://www.jstor.org/stable/1809376 on the Pareto Optimum: https://en.wikipedia.org/wiki/Pareto_efficiency on Rational Choice Theory: https://en.wikipedia.org/wiki/Rational_choice_model on Behavioral Economics: https://en.wikipedia.org/wiki/Behavioral_economics on Otto Neurath: https://en.wikipedia.org/wiki/Otto_Neurath on Neurath's technocratic tendencies: https://jacobin.com/2023/02/technocratic-socialism-otto-neurath-utopianism-capitalism on Joseph Raz: https://en.wikipedia.org/wiki/Joseph_Raz on Utilitarianism: https://en.wikipedia.org/wiki/Utilitarianism on the Capability Approach by Amartya Sen and Martha Nussbaum: https://en.wikipedia.org/wiki/Capability_approach on the Human Development Index (HDI): https://hdr.undp.org/data-center/human-development-index#/indicies/HDI on the Sustainability Development Goals (SDGs): https://sdgs.un.org/goals on Multi-Objective Optimization: https://en.wikipedia.org/wiki/Multi-objective_optimization Saros, D. E. (2014). Information Technology and Socialist Construction. The End of Capital and the Transition to Socialism. Routledge. https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and-the-Transition-to-Socialism/Saros/p/book/9780415742924 on Neoclassical Economics: https://en.wikipedia.org/wiki/Neoclassical_economics on Citizen Assemblies and Sortition: https://www.sortitionfoundation.org/ on John Stuart Mill: https://en.wikipedia.org/wiki/John_Stuart_Mill Mill, J. S. (2011). On Liberty. Cambridge University Press. https://www.cambridge.org/core/books/on-liberty/62EC27F1E66E2BCBA29DDCD5294B3DE0 McCabe, H. (2021). John Stuart Mill, Socialist. McGill-Queen's University Press. https://www.mqup.ca/john-stuart-mill--socialist-products-9780228005742.php on Degrowth: https://degrowth.info/ on Nick Land and Right Accelerationism: https://youtu.be/lrOVKHg_PJQ?si=Q4oFbaM1p4fhcWP0 on Left Accelerationism: https://criticallegalthinking.com/2013/05/14/accelerate-manifesto-for-an-accelerationist-politics/ Devine, P. (2002). Participatory Planning through Negotiated Coordination. Science & Society, Vol. 66, No. 1, 72-85. https://guilfordjournals.com/doi/abs/10.1521/siso.66.1.72.21001?journalCode=siso on Oskar R. Lange: https://en.wikipedia.org/wiki/Oskar_R._Lange on Lange's neoclassical approach to Socialism: https://jacobin.com/2022/10/oskar-lange-neoclassical-marxism-limits-of-capitalism-economic-theory Kowalik, T. (1990). Lange-Lerner Mechanism. In: Eatwell, J., Milgate, M., Newman, P. (eds). Problems of the Planned Economy. Palgrave Macmillan. https://link.springer.com/chapter/10.1007/978-1-349-20863-0_21 on Joseph Schumpeters concept of Creative Destruction: https://en.wikipedia.org/wiki/Creative_destruction Shaikh, A. (2016). Capitalism. Competition, Conflict, Crises. Oxford Academic. https://academic.oup.com/book/1464 Kornai, J. (1980). “Hard” and “Soft” Budget Constraint. Acta Oeconomica, 25(3/4), 231–245. https://www.jstor.org/stable/40728773 on the Cobb-Douglas Production Function: https://en.wikipedia.org/wiki/Cobb%E2%80%93Douglas_production_function on Adam Smith: https://en.wikipedia.org/wiki/Adam_Smith Lutosch, H. (2025). Embracing the Small Stuff. Caring for Children in a Liberated Society. In: Groos, J., & Sorg, C. (Eds.). (2025). Creative Construction. Democratic Planning in the 21st Century and Beyond. Bristol University Press. https://bristoluniversitypress.co.uk/creative-construction Hahnel, R. (2021). Democratic Economic Planning. Routledge. https://www.routledge.com/Democratic-Economic-Planning/Hahnel/p/book/9781032003320 Cockshott, P. & Cottrell, A. (1993). Towards a New Socialism. Spokesman. https://users.wfu.edu/cottrell/socialism_book/new_socialism.pdf on Universal Basic Services (UBS): https://en.wikipedia.org/wiki/Universal_basic_services https://autonomy.work/ubs-hub/ Fraser, N. & Sorg, C. (2025). Socialism, Planning and the Relativity of Dirt. In: Groos, J., & Sorg, C. (Eds.). (2025). Creative Construction. Democratic Planning in the 21st Century and Beyond. Bristol University Press. https://bristoluniversitypress.co.uk/creative-construction on Milton Friedman: https://en.wikipedia.org/wiki/Milton_Friedman on John Maynard Keynes: https://en.wikipedia.org/wiki/John_Maynard_Keynes Aaron on what to learn from radical Keynesianism for a transitionary Program: Benanav, A. & Henwood, D. (2025). Behind the News. Beyond the Capitalist Economy w/ Aaron Benanav. https://open.spotify.com/episode/2diIiFkkM4x7MoZhi9e0tx on Socializing Finance: McCarthy, M. A. (2025). The Master's Tools. How Finance Wrecked Democracy (And a Radical Plan to Rebuild It). Verso. https://www.versobooks.com/products/755-the-master-s-tools Future Histories Episodes on Related Topics S3E47 | Jason W. Moore on Socialism in the Web of Life https://www.futurehistories.today/episoden-blog/s03/e47-jason-w-moore-on-socialism-in-the-web-of-life/ S03E29 | Nancy Fraser on Alternatives to Capitalism https://www.futurehistories.today/episoden-blog/s03/e29-nancy-fraser-on-alternatives-to-capitalism/ S03E04 | Tim Platenkamp on Republican Socialism, General Planning and Parametric Control https://www.futurehistories.today/episoden-blog/s03/e04-tim-platenkamp-on-republican-socialism-general-planning-and-parametric-control/ S02E33 | Pat Devine on Negotiated Coordination https://www.futurehistories.today/episoden-blog/s02/e33-pat-devine-on-negotiated-coordination/ S03E10 | Aaron Benanav on Associational Socialism and Democratic Planning https://www.futurehistories.today/episoden-blog/s02/e10-aaron-benanav-on-associational-socialism-and-democratic-planning/ S01E32 | Daniel E. Saros on Digital Socialism and the Abolition of Capital (Part 2) https://www.futurehistories.today/episoden-blog/s01/e32-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-2/ S02E31 | Daniel E. Saros on Digital Socialism and the Abolition of Capital (Part 1) https://www.futurehistories.today/episoden-blog/s01/e31-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-1/ --- If you are interested in democratic economic planning, these resources might be of help: Democratic planning – an information website https://www.democratic-planning.com/ Sorg, C. & Groos, J. (eds.)(2025). Rethinking Economic Planning. Competition & Change Special Issue Volume 29 Issue 1. https://journals.sagepub.com/toc/ccha/29/1 Groos, J. & Sorg, C. (2025). Creative Construction - Democratic Planning in the 21st Century and Beyond. Bristol University Press. [for a review copy, please contact: amber.lanfranchi[at]bristol.ac.uk] https://bristoluniversitypress.co.uk/creative-construction International Network for Democratic Economic Planning https://www.indep.network/ Democratic Planning Research Platform: https://www.planningresearch.net/ --- Future Histories Contact & Support If you like Future Histories, please consider supporting us on Patreon: https://www.patreon.com/join/FutureHistories Contact: office@futurehistories.today Twitter: https://twitter.com/FutureHpodcast Instagram: https://www.instagram.com/futurehpodcast/ Mastodon: https://mstdn.social/@FutureHistories English webpage: https://futurehistories-international.com Episode Keywords #AaronBenanav, #JanGroos, #Interview, #FutureHistories, #FutureHistoriesInternational, #futurehistoriesinternational, #Transition, #DemocraticPlanning, #Keynes, #Efficiency, #Economics, #NeoclassicalEconomics, #NeoclassicalSocialism, #OttoNeurath, #DemocraticEconomicPlanning, #Capitalism, #Economics, #Socialism, #Socialisation, #Investment, #Degrowth, #UniversalBasicServices, #CareWork
On this week's episode of Educational Insights, Trey Booth talks through why innovation can be disruptive, but it's also a long-term engine for job creation. While new technologies can feel threatening in the moment, history shows they consistently spark new industries, new opportunities, and greater economic growth than they displace. Tune in to learn how […] The post Creative Destruction first appeared on Fi Plan Partners.
The corporate world serves up fresh surprises as 2025 winds down to its final months. "If the society is not willing to destroy, it cannot create." In this episode of HR Bandit, Ankita and Apoorva explore how this Nobel Prize-winning philosophy is reshaping our world of work. From Spotify deciding that "one CEO isn't enough" with their controversial dual-CEO announcement, to Microsoft Teams' new feature that feels like "a digital version of peeking over their cubicle wall," October served up fascinating developments in workplace evolution. Join us as we unpack why some founders are choosing two successors instead of one, debate whether "visibility equals productivity," and explore why your life might be better than Queen Victoria's. Plus, catch updates on JP Morgan's custom-scented headquarters and Meta's revolving door of AI talent. Remember: "technology doesn't define culture — it exposes it."
"Capitalism, then, is by nature a form or method of economic change and not only never is but never can be stationary." - Austrian Economist Joseph Schumpeter (1950) The 2025 Nobel Prize in Economics was recently awarded to Joel Mokyr, an economic historian at Northwestern University, Philippe Aghion, who is affiliated with universities in France and the U.K., and Peter Howitt, a professor of economics at Brown University. Philippe Aghion and Peter Howitt worked together for decades to develop and publish a model that makes it possible to better understand business growth - but not just any growth. The growth fueled by Creative Destruction. Creative Destruction was first described by Austrian economist Joseph Schumpeter in 1942 in response to ideas from Karl Marx's Communist Manifesto. In fact, Marx thought, and Schumpeter agreed, that it would lead to the end of capitalism… they just didn't agree on why. In this episode of the Art of Supply podcast, Kelly Barner covers: What Creative Destruction is, and why it is no ordinary form of growth How the idea is connected to the potential end of capitalism Why it is so fascinating that this idea is being highlighted at this moment in time, with the rise of AI right before us. Links: Kelly Barner on LinkedIn Art of Supply LinkedIn newsletter Art of Supply on AOP Subscribe to This Week in Procurement
We shouldn't fear progress. It brings countless benefits. Just think about how much easier it is to make plans with a friend today than 30 years ago—you can send a quick text and meet up in minutes, instead of calling a landline and hoping they're home to answer.Yet in the headlines, progress is often framed as a threat—from manufacturing jobs moving overseas to warnings that AI will cause mass layoffs. What's often forgotten is that new industries rise to take their place. New jobs emerge. Entrepreneurs adapt and create.This continual cycle of innovation and renewal—what economist Joseph Schumpeter called creative destruction—was recently spotlighted by the Nobel Prize in Economics awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their work on sustained growth through innovation. For great analyses of the prize, check out Brian Albrecht's commentary and Justin Callais's deep dive. In today's episode of This Week's Economy, we'll explore creative destruction, how governments often try to protect us from it, and why it's best left to run its course. You can catch the full episode on YouTube, Apple Podcast, or Spotify.Visit: VanceGinn.comSubscribe: VanceGinn.Substack.com
Aaron Benanav discusses the first part of his ‘Beyond Capitalism' essay series in the New Left Review. In this part he lays the groundwork for his proposal of a multi-criterial economy. SASE - Society for the Advancement of Socio-Economics: https://sase.org/ SASE Network I: Alternatives to Capitalism (including CfP): https://sase.org/networks/i-alternatives-to-capitalism/ Shownotes Aaron at Cornell University: https://cals.cornell.edu/people/aaron-benanav Aaron's personal website: https://www.aaronbenanav.com/ Access to Aaron's paywalled publications: https://www.aaronbenanav.com/papers Mailing List to join the Movement for Multi-Dimensional Economics: https://docs.google.com/forms/d/e/1FAIpQLSeUF7MZ2jQJXY_wHKn5xSIo-_L0tkMO-SG079sa5lGhRJTgqg/viewform Benanav, A. (2025). Beyond Capitalism—1. New Left Review, Issue 153, 65–128. https://newleftreview.org/issues/ii153/articles/aaron-benanav-beyond-capitalism-1 Benanav, A. (2025). Beyond Capitalism—2. New Left Review, Issue 154, 97–143. https://newleftreview.org/issues/ii154/articles/aaron-benanav-beyond-capitalism-2 Benanv, A. (2020). Automation and the Future of Work. Verso. https://www.versobooks.com/products/2682-automation-and-the-future-of-work on economic stagnation, see especially chapter 3, “In the Shadow of Stagnation”. on Marx's concept of the Value-Form: https://www.marxists.org/archive/marx/works/1867-c1/appendix.htm Moore, J.W. & Patel, R. (2020). A History of the World in Seven Cheap Things. A Guide to Capitalism, Nature, and the Future of the Planet. Verso. https://www.versobooks.com/products/817-a-history-of-the-world-in-seven-cheap-things on the abstract domination of capitalism: Postone, M. (1993). Time, Labor and Social Domination. A Reinterpretation of Marx's Critical Theory. Cambridge University Press. https://files.libcom.org/files/Moishe%20Postone%20-%20Time,%20Labor,%20and%20Social%20Domination.pdf Mau, S. (2023). Mute Compulsion. A Marxist Theory of the Economic Power of Capital. Verso. https://www.versobooks.com/products/2759-mute-compulsion Leipold, B. (2024). Citizen Marx. Republicanism and the Formation of Karl Marx's Social and Political Thought. Princeton University Press. https://press.princeton.edu/books/hardcover/9780691205236/citizen-marx on GDP (Gross Domestic Product): https://en.wikipedia.org/wiki/Gross_domestic_product on the Five-Year Plans in the Soviet Union: https://en.wikipedia.org/wiki/Five-year_plans_of_the_Soviet_Union Katsenelinboigen, A. (1977). Coloured Markets in the Soviet Union. Soviet Studies. Vol. 29, No.1. 62-85. https://www.jstor.org/stable/150728 Uvalić, M. (2018). The Rise and Fall of Market Socialism in Yugoslavia. https://www.researchgate.net/publication/331223694_The_Rise_and_Fall_of_Market_Socialism_in_Yugoslavia on Friedrich Hayek: https://en.wikipedia.org/wiki/Friedrich_Hayek Hayek, F. A. (1945). The Use of Knowledge in Society. The American Economic Review, 35(4), 519–530. https://www.jstor.org/stable/1809376 on the Pareto Optimum: https://en.wikipedia.org/wiki/Pareto_efficiency on Rational Choice Theory: https://en.wikipedia.org/wiki/Rational_choice_model on Behavioral Economics: https://en.wikipedia.org/wiki/Behavioral_economics on Otto Neurath: https://en.wikipedia.org/wiki/Otto_Neurath on Neurath's technocratic tendencies: https://jacobin.com/2023/02/technocratic-socialism-otto-neurath-utopianism-capitalism on Joseph Raz: https://en.wikipedia.org/wiki/Joseph_Raz on Utilitarianism: https://en.wikipedia.org/wiki/Utilitarianism on the Capability Approach by Amartya Sen and Martha Nussbaum: https://en.wikipedia.org/wiki/Capability_approach on the Human Development Index (HDI): https://hdr.undp.org/data-center/human-development-index#/indicies/HDI on the Sustainability Development Goals (SDGs): https://sdgs.un.org/goals on Multi-Objective Optimization: https://en.wikipedia.org/wiki/Multi-objective_optimization Saros, D. E. (2014). Information Technology and Socialist Construction. The End of Capital and the Transition to Socialism. Routledge. https://www.routledge.com/Information-Technology-and-Socialist-Construction-The-End-of-Capital-and-the-Transition-to-Socialism/Saros/p/book/9780415742924 on Neoclassical Economics: https://en.wikipedia.org/wiki/Neoclassical_economics on Citizen Assemblies and Sortition: https://www.sortitionfoundation.org/ on John Stuart Mill: https://en.wikipedia.org/wiki/John_Stuart_Mill Mill, J. S. (2011). On Liberty. Cambridge University Press. https://www.cambridge.org/core/books/on-liberty/62EC27F1E66E2BCBA29DDCD5294B3DE0 McCabe, H. (2021). John Stuart Mill, Socialist. McGill-Queen's University Press. https://www.mqup.ca/john-stuart-mill--socialist-products-9780228005742.php on Degrowth: https://degrowth.info/ on Nick Land and Right Accelerationism: https://youtu.be/lrOVKHg_PJQ?si=Q4oFbaM1p4fhcWP0 on Left Accelerationism: https://criticallegalthinking.com/2013/05/14/accelerate-manifesto-for-an-accelerationist-politics/ Devine, P. (2002). Participatory Planning through Negotiated Coordination. Science & Society, Vol. 66, No. 1, 72-85. https://guilfordjournals.com/doi/abs/10.1521/siso.66.1.72.21001?journalCode=siso on Oskar R. Lange: https://en.wikipedia.org/wiki/Oskar_R._Lange on Lange's neoclassical approach to Socialism: https://jacobin.com/2022/10/oskar-lange-neoclassical-marxism-limits-of-capitalism-economic-theory Kowalik, T. (1990). Lange-Lerner Mechanism. In: Eatwell, J., Milgate, M., Newman, P. (eds). Problems of the Planned Economy. Palgrave Macmillan. https://link.springer.com/chapter/10.1007/978-1-349-20863-0_21 on Joseph Schumpeters concept of Creative Destruction: https://en.wikipedia.org/wiki/Creative_destruction Shaikh, A. (2016). Capitalism. Competition, Conflict, Crises. Oxford Academic. https://academic.oup.com/book/1464 Kornai, J. (1980). “Hard” and “Soft” Budget Constraint. Acta Oeconomica, 25(3/4), 231–245. https://www.jstor.org/stable/40728773 on the Cobb-Douglas Production Function: https://en.wikipedia.org/wiki/Cobb%E2%80%93Douglas_production_function on Adam Smith: https://en.wikipedia.org/wiki/Adam_Smith Lutosch, H. (2025). Embracing the Small Stuff. Caring for Children in a Liberated Society. In: Groos, J., & Sorg, C. (Eds.). (2025). Creative Construction. Democratic Planning in the 21st Century and Beyond. Bristol University Press. https://bristoluniversitypress.co.uk/creative-construction Hahnel, R. (2021). Democratic Economic Planning. Routledge. https://www.routledge.com/Democratic-Economic-Planning/Hahnel/p/book/9781032003320 Cockshott, P. & Cottrell, A. (1993). Towards a New Socialism. Spokesman. https://users.wfu.edu/cottrell/socialism_book/new_socialism.pdf on Universal Basic Services (UBS): https://en.wikipedia.org/wiki/Universal_basic_services https://autonomy.work/ubs-hub/ Fraser, N. & Sorg, C. (2025). Socialism, Planning and the Relativity of Dirt. In: Groos, J., & Sorg, C. (Eds.). (2025). Creative Construction. Democratic Planning in the 21st Century and Beyond. Bristol University Press. https://bristoluniversitypress.co.uk/creative-construction on Milton Friedman: https://en.wikipedia.org/wiki/Milton_Friedman on John Maynard Keynes: https://en.wikipedia.org/wiki/John_Maynard_Keynes Aaron on what to learn from radical Keynesianism for a transitionary Program: Benanav, A. & Henwood, D. (2025). Behind the News. Beyond the Capitalist Economy w/ Aaron Benanav. https://open.spotify.com/episode/2diIiFkkM4x7MoZhi9e0tx on Socializing Finance: McCarthy, M. A. (2025). The Master's Tools. How Finance Wrecked Democracy (And a Radical Plan to Rebuild It). Verso. https://www.versobooks.com/products/755-the-master-s-tools Future Histories Episodes on Related Topics S3E47 | Jason W. Moore on Socialism in the Web of Life https://www.futurehistories.today/episoden-blog/s03/e47-jason-w-moore-on-socialism-in-the-web-of-life/ S03E29 | Nancy Fraser on Alternatives to Capitalism https://www.futurehistories.today/episoden-blog/s03/e29-nancy-fraser-on-alternatives-to-capitalism/ S03E04 | Tim Platenkamp on Republican Socialism, General Planning and Parametric Control https://www.futurehistories.today/episoden-blog/s03/e04-tim-platenkamp-on-republican-socialism-general-planning-and-parametric-control/ S02E33 | Pat Devine on Negotiated Coordination https://www.futurehistories.today/episoden-blog/s02/e33-pat-devine-on-negotiated-coordination/ S03E10 | Aaron Benanav on Associational Socialism and Democratic Planning https://www.futurehistories.today/episoden-blog/s02/e10-aaron-benanav-on-associational-socialism-and-democratic-planning/ S01E32 | Daniel E. Saros on Digital Socialism and the Abolition of Capital (Part 2) https://www.futurehistories.today/episoden-blog/s01/e32-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-2/ S02E31 | Daniel E. Saros on Digital Socialism and the Abolition of Capital (Part 1) https://www.futurehistories.today/episoden-blog/s01/e31-daniel-e-saros-on-digital-socialism-and-the-abolition-of-capital-part-1/ --- If you are interested in democratic economic planning, these resources might be of help: Democratic planning – an information website https://www.democratic-planning.com/ Sorg, C. & Groos, J. (eds.)(2025). Rethinking Economic Planning. Competition & Change Special Issue Volume 29 Issue 1. https://journals.sagepub.com/toc/ccha/29/1 Groos, J. & Sorg, C. (2025). Creative Construction - Democratic Planning in the 21st Century and Beyond. Bristol University Press. [for a review copy, please contact: amber.lanfranchi[at]bristol.ac.uk] https://bristoluniversitypress.co.uk/creative-construction International Network for Democratic Economic Planning https://www.indep.network/ Democratic Planning Research Platform: https://www.planningresearch.net/ --- Future Histories Contact & Support If you like Future Histories, please consider supporting us on Patreon: https://www.patreon.com/join/FutureHistories Contact: office@futurehistories.today Twitter: https://twitter.com/FutureHpodcast Instagram: https://www.instagram.com/futurehpodcast/ Mastodon: https://mstdn.social/@FutureHistories English webpage: https://futurehistories-international.com Episode Keywords #AaronBenanav, #JanGroos, #Interview, #FutureHistories, #FutureHistoriesInternational, #futurehistoriesinternational, #Transition, #DemocraticPlanning, #Keynes, #Efficiency, #Economics, #NeoclassicalEconomics, #NeoclassicalSocialism, #OttoNeurath, #DemocraticEconomicPlanning, #Capitalism, #Economics, #Socialism, #Socialisation, #Investment, #Degrowth, #UniversalBasicServices, #CareWork
Creative destruction is a way of explaining how new ideas destroy the old in an economy. In an ideal world, these changes make us all healthier and wealthier, right? Right?! With AI promising to upend the economy, we speak with Avi Goldfarb from the U of T's Creative Destruction Lab about how to prepare for it. We also look at why more First Nations are getting into the housing business and why cheap eats are so hard to find at the airport.We'd love to hear from you! Complete our listener survey here.
Canada's Aritzia is now as valuable as The Gap or Levi's… But it's doing it with mirrorless dressing rooms.Strava sued Garmin as the running app preps to IPO… It's social networks vs. satellite networks.The Nobel Prize in Economics goes to “Creative Destruction”... so we read the paper from the 3 professors.Plus, it's International Day of Failure… which we epically failed at.$ATZAF $GRMNNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This episode launches Season 5 of Global Health Matters, which will explore the future of global health. In a time of turbulence, transition and transformation, we need diverse voices to help shape what comes next. In this episode, host Garry Aslanyan speaks with two thought leaders: Paola Abril Campos Rivera, Research Professor of health policy at Tecnológico de Monterrey in Mexico, and Catherine Kyobutungi, Executive Director of the African Population and Health Research Center in Kenya. Together, they explore how global health is being reshaped amid shifting geopolitics, declining aid and the rapid rise of new technologies.Related episode documents, transcripts and other information can be found on our website.Subscribe to the Global Health Matters podcast newsletter. Follow us for updates:@TDRnews on XTDR on LinkedIn@ghm_podcast on Instagram@ghm-podcast.bsky.social on Bluesky Disclaimer: The views, information, or opinions expressed during the Global Health Matters podcast series are solely those of the individuals involved and do not necessarily represent those of TDR or the World Health Organization. All content © 2025 Global Health Matters.
Interview: Dr Eric Topol (Part 2) In the second half of our conversation, Dr Eric Topol discusses AI's promise in reducing clinician burnout, forecasting disease, and reshaping prevention. He also reflects on 13 years since The Creative Destruction of Medicine, shares his favourite transformative tools, and offers advice for clinicians seeking creative careersAustralian CDC – the data angle Australia is finally moving ahead with its own Centre for Disease Control, promising better national coordination and public health data sharing. But will it deliver transparency and timely insights—or just more bureaucracy?AI & Fertility – SpermSearchAI delivers first UAE pregnancy An AI tool developed in Australia, by NeoGenix Biosciences, has achieved its first pregnancy in the UAE. The technology speeds up and improves IVF outcomes, showing how Australian health innovation is going global.US Information Blocking Enforcement The US Department of Health and Human Services will finally enforce penalties for health providers and IT vendors who block patient access to their own records. A big step for patient rights, and a reminder of how far Australia still has to go.Apple's Health Tech Push Apple's new Watch Series 11 now measures blood pressure and the latest AirPods can track heart rate. These updates blur the line between wellness gadgets and medical devices, raising big questions about accuracy, equity, and data overload.Eli Lilly's AI Drug Discovery Giveaway Pharma giant Eli Lilly is making its drug discovery language models publicly available through “Lilly TuneLab.” It's part open-science, part strategic play—accelerating research while still funnelling insights back to Lilly.Australian Robotics – Abi the Care Robot Melbourne startup Andromeda has raised $23m to scale Abi, a friendly robot designed for aged care and children's hospitals. Founder Grace Brown, just 25, has quickly become one of Australia's standout young innovators.Resources:Dr Eric Topol's book SuperAgers LinkDr Eric Topol's podcast & substack Ground Truths LinkMedicine and the Machine podcast with Dr Abraham Verghese and Dr Eric Topol LinkBook recommendation: The AI Valley, Gary Rivlin LinkRecommended FREE course: AI in Healthcare from RCSI LinkRecommended FREE course: Patient Insights Masterclass by Savvy Corporate LinkVisit Pulse+IT.news to subscribe to breaking digital news, weekly newsletters and a rich treasure trove of archival material. People in the know, get their news from Pulse+IT – Your leading voice in digital health news.Follow us on LinkedIn Louise | George | Pulse+ITFollow us on BlueSky Louise | George | Pulse+ITSend us your questions pulsepod@pulseit.newsProduction by Octopod Productions | Ivan Juric
In this episode of YourForest, Matthew Kristoff and guest Shauna Matcovich explore the world of forest finance and the critical role of private capital in funding sustainable forestry. Shauna, a forester and founding director of The ForestLink, discusses the need to link the intrinsic values of a forest - such as its biodiversity and ecosystem health - to a monetary economy in order to drive conservation. The conversation highlights how private investment can be a powerful lever for change and a way to create a more resilient and sustainable forest industry.
Bizable https://GoBizable.comUntie your business exposure from your personal exposure with BiZABLE. Schedule your FREE consultation at GoBizAble.com today. Renue Healthcare https://Renue.Healthcare/Todd Register today to Join the Renue Healthcare Webinar Thursday September 11th at 11:00 PST. Visit https://joinstemcelltalks.com or call 602-428-4000. Bulwark Capital https://KnowYourRiskPodcast.comBe confident in your portfolio with Bulwark! Schedule your free Know Your Risk Portfolio review. Go to KnowYourRiskPodcast.com today. Alan's Soaps https://www.AlansArtisanSoaps.comUse coupon code TODD to save an additional 10% off the bundle price.Bonefrog https://BonefrogCoffee.com/toddThe new GOLDEN AGE is here! Use code TODD at checkout to receive 10% off your first purchase and 15% on subscriptions.LISTEN and SUBSCRIBE at:The Todd Herman Show - Podcast - Apple PodcastsThe Todd Herman Show | Podcast on SpotifyWATCH and SUBSCRIBE at: Todd Herman - The Todd Herman Show - YouTubeCreatively Destroy the US Healthcare Bureaucracy // Answers No One Wants: The Joe Biden Edition // Pastors, Cocaine Jokes and Confronting Pastoral Heresies Episode Links:Secretary Kennedy just DESTROYED Ron Wyden: Wyden: "I hope you tell the American people how many preventable child deaths are an acceptable sacrifice."RFK: "You've sat in that chair for 25 years while the chronic disease in our children went up to 76% and you said nothing"Medical Doctor who's President of the Nevada State Medical Association says American Health Insurance companies are now denying removing stillbirths from patients and denying their hospital staysWe are reorganizing the entire organ procurement industry so that the sanctity of life can never be violated again.WTF?! Top Biden staffer Andrew Bates just REFUSED to answer whether or not Biden actually ran the White House. This is NOT a difficult question.. The fact he didn't answer confirms what we all knew: it sure as hell wasn't Biden running the showPastor Steven Furtick EXPOSED for Comparing Worship to "Snorting"
In this episode of YourForest, Matthew Kristoff discusses the future of forestry with Dr. Gary Bull, a leading expert in forestry economics, policy, and sustainability. Dr. Bull, a Professor Emeritus at the University of British Columbia, explores the evolving relationship between forest management, biodiversity, and the forest industry. He emphasizes shifting from timber-focused practices to integrating non-timber values like carbon storage, biodiversity, and ecosystem health. With decades of global experience, Dr. Bull advocates for rethinking forestry to create a more sustainable future.
The very nature of a fallen world is that organizations are in decline. But throughout Scripture—both Old Testament and New—God lifts up individuals and groups to be fresh pockets of greatness for His purposes. And He does this in the midst of broad decline. Join Kevin as we explore God's appointment of Christians to be a fresh pocket of greatness in their families, their workplaces, and their neighborhoods—and most importantly on behalf of His Kingdom! // Download this episode's Application & Action questions and PDF transcript at whitestone.org.
Fernando Nikolić is the VP of Marketing & Communications at Blockstream, and founder of the media research firm Bitcoin Perception, where he tracks and analyzes the mainstream media's coverage of Bitcoin and how that influences its adoption.› https://x.com/basedlayer› https://bitcoinperception.comPARTNERS
// SPONSORS //iCoin: https://icointechnology.com/breedloveCowbolt: https://cowbolt.com/Heart and Soil Supplements (use discount code BREEDLOVE): https://heartandsoil.co/Blockware Solutions: https://mining.blockwaresolutions.com/breedloveIn Wolf's Clothing: https://wolfnyc.com/Onramp: https://onrampbitcoin.com/?grsf=breedloveMindlab Pro: https://www.mindlabpro.com/breedloveCoinbits: https://coinbits.app/breedloveThe Farm at Okefenokee: https://okefarm.com/Orange-Pill App: https://www.orangepillapp.com/ // PRODUCTS I ENDORSE //Protect your mobile phone from SIM swap attacks: https://www.efani.com/breedloveLineage Provisions (use discount code BREEDLOVE): https://lineageprovisions.com/?ref=breedlove_22Colorado Craft Beef (use discount code BREEDLOVE): https://coloradocraftbeef.com/Salt of the Earth Electrolytes: http://drinksote.com/breedloveJawzrsize (code RobertBreedlove for 20% off): https://jawzrsize.com // SUBSCRIBE TO THE CLIPS CHANNEL //https://www.youtube.com/@robertbreedloveclips2996/videos // TIMESTAMPS //0:00 – WiM Episode Trailer1:05 – Why Collaboration Has Explosive Upside12:53 – Collective Culture vs Rule of Law15:26 – iCoin Bitcoin Wallet16:56 – Cowbolt: Settle in Bitcoin18:12 – Leverage and Liquidation Risk20:13 – Linear vs Super-Linear Growth: Bitcoin, Phones & Metcalfe's Law29:56 – Centralized vs Decentralized Planning32:12 – Heart and Soil Supplements33:12 – Mine Bitcoin with Blockware Solutions34:38 – Creative Destruction and the Nature of Time53:29 – Technology is at its Best when Invisible 54:31 – Helping Lightning Startups with In Wolf's Clothing55:24 – Onramp Bitcoin Custody56:46 – Taleb's Take on Bitcoin57:57 – The Internet as a Living System1:05:03 – The Golden Rule Applied to Economics1:15:14 – Mind Lab Pro Supplements1:16:24 – Buy Bitcoin with Coinbits1:17:35 – Time Is the Judge of All Things1:25:00 – Self-Reinforcing Systems and Feedback Loops1:29:50 – The Farm at Okefenokee1:31:00 – Orange Pill App: Find, Chat, and Meet with Bitcoiners1:31:24 – Time Is Volatility1:40:38 – A Riskless Life Isn't Ethical1:45:50 – “When You're Finished Changing, You're Finished”1:50:48 – How to Connect with WiM // PODCAST //Podcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsERSS Feed: https://feeds.simplecast.com/MLdpYXYI // SUPPORT THIS CHANNEL //Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2 // SOCIAL //Breedlove X: https://x.com/Breedlove22WiM? X: https://x.com/WhatisMoneyShowLinkedin: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22Substack: https://breedlove22.substack.com/All My Current Work: https://linktr.ee/robertbreedlove
From declining enrollments and skyrocketing tuition to the stifling of intellectual diversity, Richard Vedder's Let Colleges Fail exposes how centralized control, administrative bloat, and ideological orthodoxy have corroded our college campuses. But rather than lament, Vedder's book proposes market-oriented reforms that could revive academic freedom and restore genuine competition in the world of ideas.Can higher education be saved from the grip of bureaucracy and groupthink? What policies might unleash its true potential? Don't miss this urgent conversation between Cato research fellow Andrew Gillen and Vedder about tackling the rot and dysfunction plaguing American higher education. Hosted on Acast. See acast.com/privacy for more information.
Debt-Driven Reality: Understanding CRE's Structural Fragility Cracks Beneath the Surface In this episode of The Real Estate Market Watch, I sit down with Jon Winick, CEO of Clark Street Capital, to explore the increasingly fragile foundation of the commercial real estate (CRE) market. Winick draws on decades of experience in loan portfolio sales, banking, CMBS investing, and student housing to deliver a sobering, detail-rich assessment of what's coming next — and what's already hiding in plain sight. The Fed, Interest Rates, and the “Nuclear Option” Trump vs. Powell: Market Implications Winick opens with a sharp critique of political interference in Federal Reserve policy. While the idea of firing Fed Chair Jerome Powell may feel remote, he warns that even sustained political pressure has consequences. Removing Powell — the so-called "nuclear option" — would spark chaos in capital markets, undermining global confidence in the U.S. dollar and Treasury markets. “You cannot find an industry in which debt matters more than commercial real estate,” Winick says. A destabilized bond market affects CRE indirectly but profoundly by tightening liquidity and depressing investor confidence. CRE's Dependency on Debt: Liquidity as Lifeblood Why CRE Suffers When Capital Tightens With rates elevated and uncertainty rising, Winick highlights the outsized role debt plays in CRE. Unlike most industries, capital structure is everything in real estate. Higher interest rates are more than a cost issue—they erode the viability of deals outright. His analogy lands hard: “Low rates are like tequila on a first date. High rates are like a glass of warm milk.” Banking Behavior: The Art of Delay Defaults, Loan Maturities, and Creative Accounting Despite rising delinquencies in CMBS, bank-reported CRE loan delinquencies remain surprisingly low. Why? Banks, Winick argues, are benefiting from regulatory changes that let them defer the recognition of problem loans. “The delinquencies that you're seeing in CMBS and bank loans will inevitably converge. Banks have been able to use some new rules to hide problem loans. And eventually that [runway] runs out.” he says. Bank defaults may not be catastrophic, but their opacity clouds the picture for investors trying to assess real risk. Creative Destruction Denied Why Bailouts Delay the Inevitable Winick argues the post-COVID economy is still “wrapped up by actual or indirect fraud.” From subsidized mortgages to suspended student loan collections, unsustainable federal programs have kept weak assets and businesses afloat. He makes a provocative case for embracing creative destruction. “We've basically decided as a society that we won't let businesses fail… but that's ultimately bad economics.” Policy, Regulation, and the Supply-Demand Trap Deregulation and its Unintended Consequences Dodd-Frank's unintended effect was to choke off consumer credit, particularly in regions with few lenders. Winick compares Puerto Rico, with just three banks, to Iowa, with the same size population as Puerto Rico, with 246. The result? Higher interest rates, limited options, and an underfinanced economy. He calls for “smart, effective regulation,” warning that over-regulation concentrates power while under-regulation invites asset bubbles. The Signals to Watch Now What CRE Investors Should Be Monitoring Winick identifies several canaries in the coal mine for CRE investors: Widening CMBS credit spreads: These are leading indicators of borrowing cost pressures. Corporate bankruptcies and retail closures: Especially among large tenants like Walgreens or government departments exiting leases. Shifts in political winds: Regulatory reversals could radically alter CRE's operating environment. Strategy: What Should CRE Investors Be Doing? Be Patient, but Be Realistic For investors sitting on cash, Winick's advice is pragmatic: “Be patient… [but] waiting for a home run often means you miss out on a lot of great opportunities.” He urges caution and downside awareness in every negotiation, pointing out that real movement in the market won't occur until lenders are forced to act or borrowers are out of options. Final Thought: The Bond Vigilantes Will Win A System Bound by Market Forces Winick closes with a sharp reminder that the bond market, not politicians, sets the true limits: “The bond vigilantes always get their way.” In a world dependent on debt, real estate investors should watch not just interest rates — but who controls the levers behind them. *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing. With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection. Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000
#INTEL: CREATIVE DESTRUCTION. #SCALAREPORT: CHRIS RIEGEL CEO, SCALA.COM@STRATACACHE. 1958
July 14th 1789 was a bad day for Chefs & Cooks… This day is called Bastille Day… The beginning of the French Revolution… Not only was this a political revolution but it also started a Culinary Revolution when all these chefs woke up the next day and realized – they were suddenly unemployed… OUT of WORK because their bosses had been arrested or decapitated in the Guillotine… WOW!
Today we’re tackling our second non-negotiable pillar of establishing a Civilian Labor Corps, and the timing couldn’t be more critical. You may have picked up on chatter in the wind about the impending job apocalypse at the hands of artificial intelligence (AI). I’m here to tell you that this is real. It is coming faster and more furiously than you realize, and we are wholly unprepared. This episode breaks down the speed and totality of what’s coming in the AI revolution and speaks to how prominent economists from history through today would manage the impending employment crisis. Chapters Prologue: 00:00:43 Introduction: Storm Clouds. 00:03:52 Chapter One: The Coming AI Job Apocalypse. 00:06:52 Chapter Two: Full Employment. 00:20:55 Chapter Three: Breaking from Neoliberal Thinking. 00:28:34 Bring It Home, Max. 00:37:26 Post Show Musings: 00:42:23 Outro: 01:10:58 Watch YouTube Video: Unpacking the Ceasefire Agreement: Shades of the Iran Hostage Deal. https://youtu.be/Bnfzl1xWumc Resources Goldman Sachs: What to expect from AI in 2025: hybrid workers, robotics, expert models Levy Institute: Working Paper No. 542 Keynes’s Approach to Full Employment: Aggregate or Targeted Demand? Fisher Phillips: U.S. House Delivers Sweeping AI Report: 10 Biggest Takeaways for Employers 118th Congress: Bipartisan House Task Force on Artificial Intelligence Congressional Budget Office: Artificial Intelligence and Its Potential Effects on the Economy and the Federal Budget Congressional Research Service: The Macroeconomic Effects of Artificial Intelligence Convin: Is AI a Threat to the BPO Industry? AI in BPO Industry Explained UNFTR Episode Resources Housing First: Non-Negotiable #1. The U.S. Economy: Have we reached a boiling point? Has “Creative Destruction” Reached Silicon Valley? The Capitalism Trap. Modern Monetary Theory. Can we afford it? Yes. Yes, we can. F*ck Milton Friedman. The Chicago school of economics. Book Love Abhijit V. Banerjee and Esther Duflo: Good Economics for Hard Times Kurt Vonnegut: Player Piano -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Buy yourself some Unf*cking Coffee at shop.unftr.com. Check out the UNFTR Pod Love playlist on Spotify: spoti.fi/3yzIlUP. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility. Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99. Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, "Unf*cking the Republic."Support the show: https://www.buymeacoffee.com/unftrSee omnystudio.com/listener for privacy information.
Despite recent Federal Reserve rate cuts, these accounts still provide yields around 4%, significantly outperforming the average savings rate of 0.43%.Today's Stocks & Topics: ADBE - Adobe Inc., O - Realty Income Corp., HIG - Hartford Financial Services Group Inc., Is a High-Yield Savings Account Still Worth It?, Restricted Stock Units (RSUs), Debt Ceiling, CCJ - Cameco Corp., UEC - Uranium Energy Corp., MRO - Melrose Industries PLC, STAG - STAG Industrial Inc., UFPI - UFP Industries Inc., Creative Destruction.Our Sponsors:* Check out Fabric: https://fabric.com/INVESTTALK* Check out Indochino: https://indochino.com/INVEST* Check out ShipStation: https://shipstation.com/INVEST* Check out Trust & Will: https://trustandwill.com/INVESTAdvertising Inquiries: https://redcircle.com/brands
Are bailouts the new “trickle-down” economics? Have government debt and deficits caused capitalism's collapse—thus ending the American Dream?Ruchir Sharma is a well-known columnist for the Financial Times, the author of bestselling books Breakout Nations and The Rise and Fall of Nations, and an investment banker who worked as Morgan Stanley's head of emerging markets for 25 years. His new book, What Went Wrong With Capitalism, traces the roots of current disaffection with our capitalist economy to unabashed stimulus and too much government intervention. Take an example: Sharma writes that the United States federal government has introduced 3,000 new regulations in the last twenty years, and withdrawn just 20 over the same span. He likens the Federal Reserve's constant bailouts—under chairs appointed by presidents from both parties—to the opioid crisis, in which the solution created more problems than the pain it was designed to treat.Sharma joins Bethany and Luigi to explain how constant government intervention leads to inefficient “zombie” firms, higher property prices, housing shortages, massive inequality, and a historic government debt and deficit crisis. Together, they discuss the first step to a cure—a correct diagnosis of the problem—and how to approach the treatment without exacerbating the problems. In the process, they leave us with a renewed understanding of how “pro-business is not the same as pro-capitalism,” a distinction that Sharma says “continues to elude us.”Episode Notes:Link to submit papers for the Stigler Center 2025 Antitrust ConferenceRevisit “Is the Federal Reserve an Engine of Inequality?”, our previous episode on modern monetary theory or the claim that debt doesn't matter.Revisit “Capitalism After the Crisis,” Luigi's article for Foreign Affairs (2009), where he outlines the tensions between a pro-capitalism and a pro-business agenda. Also, check out ProMarket.org, our publication at the Stigler Center that he founded in 2016, with the mission of shedding light on this tension and how to ameliorate it.
And hope for tomorrowAkimbo is a weekly podcast created by Seth Godin. He's the bestselling author of 20 books and a long-time entrepreneur, freelancer and teacher.You can find out more about Seth by reading his daily blog at seths.blog and about the podcast at akimbo.link.To submit a question and to see the show notes, please visit akimbo.link and press the appropriate button. Hosted on Acast. See acast.com/privacy for more information.
In Episode 393 of Hidden Forces, Demetri Kofinas speaks with Herman Mark Schwartz, a professor in the Politics department of the University of Virginia and the author of three books on economic development, globalization, and the geopolitics of the subprime mortgage crisis. Demetri and Mark discuss an article that he recently co-authored in American Affairs about AI's potential to create a new growth wave of creative destruction that could rival or surpass those of previous innovation cycles, with enormous implications for business, society, and the role of government in the economy. They discuss what these so-called “Schumpeterian” growth waves typically look like, how they create complex interactions across all facets of the economy, and how they ultimately exhaust themselves, making room for the birth of a new innovation cycle. In the second hour, Mark and Demetri apply this framework to the growth wave that we have been living through for more or less the last 50 years and which now appears to be in the late stages of endogenous decay. They examine three scenarios for what might come next. The first is an extension of the current wave, the second is a new paradigm driven by AI as the key general-purpose technology, and the third is neither an extension of the current wave nor a transition to a new paradigm, but rather a series of crises characterized by commodity shortages, energy insecurity, political polarization, and global conflict. You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at HiddenForces.io/subscribe. If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe. If you enjoyed listening to today's episode of Hidden Forces, you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts & Spotify Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe and Support the Podcast at https://hiddenforces.io Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 12/02/2024
Episode 4059: Creative Destruction And Overriding The System
David is joined again today by Michael Matheson Miller of the Acton Institute, and they continue their robust talk about what markets can do, what they cannot do, what the moral implications of these things are, and much more. The theology is thick (the corrupting impact of sin), the controversy is real (is creative destruction a “tension” or an “evolution”), and the clarity is infectious (mistakes of the moment are repudiated). As all the talks with Miller have been, this is an all-time Capital Record best!