Money, Coercion, and Government Policy with Noam Chomsky (WiM127)

Noam Chomsky joins for me for a conversation on money, government policy, the proper role of coercion in civilization, and the consequences of neoliberalism.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTNoam’s Website: http://www.chomsky.info/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 What is Money? And What is the Proper Role of Government in Money?00:05:30 The Rise of Neoliberalism and Class Warfare00:12:25 Financialization and the Bailout Economy00:15:45 The Gold Standard Constrained Government Optionality00:18:40 “Redlines” Laid Out by the Current US Republican Party00:24:00 What Options Were Made Available by Abolishing the Gold Standard?00:27:54 The Role of Inflation in Driving Wealth Disparity00:33:00 Abolishing the Gold Standard and the Decoupling of Productivity and Wages00:36:15 Who Bears the Costs of Limited Liability Incorporation?00:39:30 Libertarian Perspective on Government Intervention and Unemployment00:44:19 A Monopoly on Money Effectuates Limited Liability for Government?00:49:30 Neoliberalism and a One-Sided Class War00:51:35 NYDIG00:52:43 What is the Proper Role of Coercion in Civilized Society?00:57:00 The Decrying of Democracy01:00:43 Do Free Markets Manifests What People Want?01:04:44 The Integrity of Private Property Rights Prevents Cost Externalization?01:07:53 The Proper Role of Market and State in Anarcho-Syndicalism01:10:39 Is Democracy Intrinsic to the Free Market?01:13:38 The Impact of Government Policy on EntrepreneurshipSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack