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Given how important economic thinking is in cryptocurrencies and the world economic system in general, I think this article is very relevant and insightful. I think this is also important, because it also suggests to interpret the overarching “tokenize and economisize everything” mantra in crypto& Blockchain as a continuation of this belief system.

What do you all think?

Here is also a 2007 paper on it: The Religion of the Market

  • lemming-TLDR-bot@reddthat.comB
    3·
    1 year ago

    tldr

    • “The Market as God” article from The Atlantic discusses how capitalism has become a religion for some people
    • Argues that beliefs in unfettered markets and efficiency have replaced traditional religious values and principles
    • Questions if this shift towards market worship results in moral sacrifices and negative consequences on society and individuals
    • Raises concerns about social inequality and the commodification of human life
    • Suggests potential need for alternative value systems or a balanced approach between economic and ethical considerations