Do Rich People CAUSE Populism? Interview with Mark Blyth | The Mindful Wealth Podcast

We have the honor today of having Mark Blyth with us: economist, professor at Brown University, who writes the book “Angrynomics”. Mark has always been interested in the economy and economics, so it means that today we talk about economic things, that are going on in the world today.

If you know Mark Blyth, you know that he often said that capitalism has its own 3 versions, each of which has bugs that bring it down, in this episode Mark breaks those three out and talks about this in a nutshell.

We talked about rich and poor mindset, outlined patrimonialism, myths of the stocks market, money, and economics, technological and cultural parts of economics.

The question mostly is - Do rich people cause populism? Heritage used to win over hard work and motivation. What's changed now, in the world of opportunities.

0:00 - Intro
1:05 - Mark Blyth
3:29 - 3 Versions of Capitalism
9:11 - Disconnect between Local Democracies and Global Capital
18:36 - Space of MMT
23:34 - Inflation
26:00 - Role of the Media
28:51 - True Wealth
35:44 - Class-Based Analysis
41:48 - Pursuing Wealth in Environment
44:56 - To Audience
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