Patreon Preview 178. Fleshing out Fintech as a Systemic Phenomenon

Published: July 24, 2022, 9:04 p.m.

b'Now it\\u2019s time to get into the real analysis of fintech as laid out by Saule Omarova\\u2019s work. We walk through the dominant regulatory approach to financial markets that came from the New Deal; how the 1980s is the true origin of the fintech revolution; how the secondary financial markets have taken over the whole system; how new technologies focused on making micro-level transactions faster, easier, cheaper have led to making macro-level systems more unstable, unrestrained, and untethered from reality.\\n\\nThe paper we discuss:\\n\\u2022\\u2022\\u2022 New Tech v. New Deal: Fintech as a Systemic Phenomenon | Saule T. Omarova https://scholarship.law.cornell.edu/cgi/viewcontent.cgi?article=2800&context=facpub\\n\\nSubscribe to hear more analysis and commentary in our premium episodes every week! patreon.com/thismachinekills \\n\\nGrab TMK gear: bonfire.com/store/this-machine-kills-podcast/ \\n\\nHosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl)'