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This week, Riley, Milo, Hussein, and Alice join special guest and friend of the show Jathan Sadowski (@jathansadowski) of the This Machine Kills podcast (@machinekillspod) to discuss microfinance. Despite the Nobel Prizes involved, it turns out it’s just app-connected loan sharking in many ways. We also discuss a mental health app that provides crowdsourced therapy. Is it licensed? Hey, that’s just a technicality.

Comments

Ian Priest

The Loooooove gap is a little ol' place where we can get together

Anonymous

Debt is the way to expand the economy without taking money from anyone that doesn't need to go into debt, it's the way you increase the speed of money without taxing any capital, it's the way you create money without a central bank deciding to, if you aren't in debt and you don't have capital you are already looked at as being an outlier, and microlending is just how you dig for the dregs of what money is available when you really need to keep money flowing but you also need to maintain the absolute supremacist of landlordism in an economy, and this economy is self sustaining because people in debt are disciplined and psychologically stunted by the stress of it, students with debts are less likely to protest, people with debt are less likely to call for a reduction on the amount of work, so from the top this is a self regulating system in all the ways that matter to landlords and capitalists.

Anonymous

i should note that two weeks after i wrote this comment (for anyone trawling through the archives) the pm has defended slashing taxation for the very rich and paying for the entire cut by public borrowing which has caused masses of inflation. i will be more responsible in future, didn't know that was a live lathe of heaven, etc