Chapter 27: Finance and Industrialization

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’ve 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 – technological progress and mostly continuous economic growth – outweigh the anxieties and the risks of it.Support the podcast on Patreon: https://www.patreon.com/indrevpod

Om Podcasten

The story of how a primate species created a world full of skyscrapers, airplanes, nuclear weapons, and vaccines. From the mass production of cotton weaving in the first industrial revolution of the 18th Century, to the digital revolution of today, this podcast will explore the ways our world has rapidly changed.