Chapter 27: Finance and Industrialization

Published: Aug. 27, 2019, 5 a.m.

b'Going back to the 1600s, the development of modern financial systems transformed life on planet earth. Debt markets and stock markets helped industrialization spread and remain ever-growing. They\\u2019ve also created a new phenomenon: The boom-and-bust cycle. And it seems that we, as a species, have decided that the key benefits of financial modernization \\u2013 technological progress and mostly continuous economic growth \\u2013 outweigh the anxieties and the risks of it.Support the podcast on Patreon: https://www.patreon.com/indrevpod

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