Game Theory #6: The World's Bank

The podcast examines the historical roots of global wealth inequality, arguing that current economic systems incentivize corruption and exploit developing nations. It traces how the British Empire established a model of financial dominance through mechanisms like offshore banking, money laundering, and indoctrination via schooling, which incentivized local elites to cooperate in extracting wealth from their countries. This system, the podcast contends, has evolved into a covert form of control, now perpetuated by American financial and legal institutions. The discussion highlights the drug trade as an example of how this system operates, with profits protected by offshore financial centers. The professor asserts that the over-financialization and corruption resulting from this model are ultimately self-destructive for Western societies, leading to inequality and moral decay.