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Rethinking Capitalism with the Blockchain | Kary Bheemaiah | TEDxIHEParis 

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Capitalism is a cultural concept as much as it is an economic one. In his talk, Kary explains how capitalism has evolved over time and how we have blindly ended up outsourcing trust to the financial system at the expense of clarity. Moving forward, Kary believes we need to delve further to find the right questions to ask and the right kind of interactions to have to bring back transparency and reduce inequalities in today’s society. And this is where the Blockchain comes in.
Curious by nature, a news addict by habit and a tech fan by default, Kary Bheemaiah has had a varied career, as a marine engineer, a legionnaire in the French Foreign Legion, a business professional and now as a researcher. He writes and teaches on subjects related to Blockchain, complexity economics and the effects of technological change on society. He is currently the head of research at Uchange.co, a mentor at StartupBootCamp, a Research Associate with Cambridge University and a visiting lecturer at ESCP Europe and Grenoble School of Management. His first book, “The Blockchain Alternative: Rethinking Macroeconomic Policy and Economic Theory”, was published in March 2017.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx

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20 июн 2017

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Комментарии : 62   
@onebitstory
@onebitstory 5 лет назад
Finally someone adding far more to Block Chain than regular speakers do....!!
@tedxiheparis3491
@tedxiheparis3491 7 лет назад
Great talk! Such an honor having you as a speaker!
@TortugaLanguageProductions
@TortugaLanguageProductions 6 лет назад
amazing TED Talk...Rethinking Capitalism with the Blockchain | Kary Bheemaiah | TEDxIHEParis
@zambarano444
@zambarano444 2 года назад
Always thank you-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MIGHTYPROMINERS🛑COM for the profit on my 2.7 bitcoin I invested with you it is a simple concept that seems complicated if not well explained. At its core, mining is the process of verifying a transaction so that it is added to the public ledger known as blockchain. Transactions are added in blocks. All you need to verify a Bitcoin transaction is an internet enabled computer with a software program linked to the blockchain.
@Kinbyrne
@Kinbyrne 7 лет назад
Great simplification of the complex system of trade and capitalism
@antestarcevic8089
@antestarcevic8089 6 лет назад
For the first time in human history we have a chance to create a transparent monetary system! And we actually don't need banks any more.
@kryptobraty
@kryptobraty 4 года назад
Yep. The playing field has now been leveled.
@maricarmencalledemiguel7396
@maricarmencalledemiguel7396 3 года назад
What do you think, that the biggest banks are not into cryptocurrencies?
@davinderarora3938
@davinderarora3938 5 лет назад
Great Message and correct intentions. Can Block chain use below moral principals in framework ? 1. One should always be ready to accept truth and to renounce untruth. 2. All acts should be performed after deliberating what is right and wrong. 3. The prime objective of new Society is to do well to the world, that is, to promote physical, spiritual and social good of everyone. 4. Our/Every one conduct towards all should be guided by love, righteousness and justice. 5. We should dispel ignorance and promote knowledge 6. No one should be content with promoting his/her good only; on the contrary, one should look for his/her good in promoting the good of all. 7. One should regard oneself under restriction to follow the rules of society calculated to promote the well-being of all, while in following the rules of individual welfare all should be free.
@shivanjaydj5565
@shivanjaydj5565 3 года назад
Interesting comment bro . It would be amazing if the world pulls this off
@TheSebastian1332
@TheSebastian1332 3 года назад
@@shivanjaydj5565 We will
@sacundai5371
@sacundai5371 2 года назад
Oh to dream.. 🤔
@imanbenetlewis6365
@imanbenetlewis6365 2 года назад
excellently articulated. the context of the blockchain conversation is so necessary for proper understanding of what’s possible moving forward
@mokhdummushrafi5207
@mokhdummushrafi5207 6 лет назад
Wonderful analysis as to conflict and capitalism. Wonderful analysis as to transparency and capitalism. Thanks for this insightful focus. I was wondering what would be the future of economy and culture of mankind in future. You have focused feeble though light on same. Let us all think together and advance ahead towards a truly comfortable and trust based automation age. We have to dig out reality deeper and deeper to bring a happy and meaningful society where abundance and balance of proportion will have full play in defining our unique individual life in the days to come. Thank you.
@quandovoceleroscomentarios9622
Very interesting! Glad he participated!
@TortugaLanguageProductions
@TortugaLanguageProductions 6 лет назад
thanks for posting..Rethinking Capitalism with the Blockchain | Kary Bheemaiah | TEDxIHEParis!!!!
@user-de6py1yf4y
@user-de6py1yf4y 6 лет назад
It's great!
@AK-hk3hs
@AK-hk3hs 3 года назад
Well done....Bravo
@djjazzek
@djjazzek 2 года назад
Awesome job, he did really to make it sound like capitalism is still the path forward while explaining the next iteration of governance we want. One day the world will be able to see what it means to be economically efficient on all fronts (resources, environment, etc.) without the fascism that comes from authority.
@echinech1665
@echinech1665 2 года назад
Damn right ❤️❤️❤️
@lawrenceofamerica2865
@lawrenceofamerica2865 6 лет назад
Debt paradigm started in 1913 under President Woodrow Wilson when he created the Federal reserve which is neither Federal and it has no reserves.
@growwithbooks3219
@growwithbooks3219 3 года назад
underrated tedtalk.
@atreyjohnn395
@atreyjohnn395 2 года назад
The trading system is a set of certain algorithms trading instructions--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------and action of the trader, on the basis of the technical analysis. In each trading system, the conditions for entry/exit time intervals, money management, and risk management are clearly defined. Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character. I have been trading forex for 6 months now and never have! regretted going into it, my only regret is not going through the right way as I lost a lot before l was directed to the best trading agent in the market, MIGHTYPROMINERS🎡COM grew my account drastically with my initial investment of $4500 to $32000 in a week.
@Rhythm369
@Rhythm369 3 года назад
👌👌👌
@evaleong7626
@evaleong7626 4 года назад
There is probably nothing wrong with capitalism... It is the PEOPLE that implements capitalism...
@mokhdummushrafi5207
@mokhdummushrafi5207 6 лет назад
Mr. kary, is it possible to innovate a theory of impersonal governance to permanently terminate all sources of conflict and can eradicate politics from human culture. Do not you think that abundance of all and politics do not go together. Do not you think that public transparency can ensure impersonal governance with dependable automation device like block chain? I will look forward to knowing from you an insightful account in these respects. I have deep faith in your insight. Thank you
@sacundai5371
@sacundai5371 2 года назад
Beautiful ;-p
@marjitsingh6752
@marjitsingh6752 Год назад
He is Kariappa Bheemaiah a Rimcollian.
@atlien991
@atlien991 6 лет назад
Pleasing presentation but quite a bit of incorrect information in here regarding the history of capitalism. Great explanation of Blockchain
@yuricastellobranco
@yuricastellobranco 6 лет назад
atlien991 why?
@SunilKumar-ws3ll
@SunilKumar-ws3ll 5 лет назад
Couldn't have been explained better, issues of conflicts get get reduced to negligible
@behzadutube
@behzadutube 6 лет назад
Well...the oil embargo was after the Arab-israeli war not after Iran-Iraq war!! and it was in early 70s not 80s...
@MrTiddles666
@MrTiddles666 6 лет назад
Is he proposing that blockchain will be a solution to the problem of business cycles in capitalism? Business cycles happen because at some point investors lose trust that their investments will be profitable in the uncertain future. Will ensuring the transparency of bank transactions change this? Maybe banks would be forced to invest less recklessly being under more public scrutiny, but essentially we know what banks invest in already. And we don't seem to care a whole lot if banks are invested heavily in, using the fossil fuel industry and climate change as an example, unsustainable business that is destroying our planet, destabilising our food and water supply, flooding our homes, and causing/exacerbating geo-political tensions which could lead to future wars. As long as our money is safe we turn a blind eye. The fundamental problem is that a bank's condition of existence is one of trying to survive in a competitive market by trying any means of making profit. This results in control over money lending centralised in few hands and unsurprisingly those few hands exploit that power and gain for themselves at the expense of society. Changing this could be possible if banks are controlled by those they are supposedly providing a public service for. Us. That could ensure a condition of existence of being a public service accountable to all members of society, not just a private profit machine.
@deepseadarew6012
@deepseadarew6012 3 года назад
What’s happening is block chain is being used to replace the banks through Decentralized Finance (DeFi). Everything a bank does can be automated on the block chain.
@Raymint
@Raymint 4 года назад
Man, I love planet Earth!
@constitutionalcarrot3720
@constitutionalcarrot3720 4 года назад
Could blockchain not enhance the efficiency and operation of totalitarian regimes that suppress capitalism and democracy? I’ll not go into a diatribe, but just think about why China, Russia and Iran would be so interested.
@anmolpatel793
@anmolpatel793 3 года назад
China is more capitalist than communist
@JohnStark3D
@JohnStark3D 6 лет назад
Its a evolution to anarco capitalism
@kazelpeters1995
@kazelpeters1995 3 года назад
Those scammer they promise to make yo $50,000 profit within the space of 7 days with just $500 to invest and end up not even refunding your capital but Felix is a man of integrity, with $3,000, he will tell you he can only make profit within the range of $13,000 and he actually delivers.
@WindTunnelRacing
@WindTunnelRacing 3 года назад
2:30 - 4:30 he Explains, actually pretty well in a simple manner, WHY Capitalism is the Greatest Thing to happen in the History of the World. Unlike all these TED Talks to Hate Capitalism.
@SkyPilot54
@SkyPilot54 6 лет назад
Perception of an outsider -
@lastmanstanding5423
@lastmanstanding5423 3 года назад
2:03 - your lack of training in economics is painfully obvious bro. 2:35 - licences = capitalism ??? HAHAHAHhahahahaHAHAHAhaha ahahah HAHAHA
@joecaldor
@joecaldor 6 лет назад
Not a good grasp of capitalism and free markets
@yuricastellobranco
@yuricastellobranco 6 лет назад
joecaldor why?
@GiovanniSestili
@GiovanniSestili 6 лет назад
Because he mistakes capitalism with governments...
@zambarano444
@zambarano444 2 года назад
Always thank you-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MIGHTYPROMINERS🛑COM for the profit on my 2.7 bitcoin I invested with you it is a simple concept that seems complicated if not well explained. At its core, mining is the process of verifying a transaction so that it is added to the public ledger known as blockchain. Transactions are added in blocks. All you need to verify a Bitcoin transaction is an internet enabled computer with a software program linked to the blockchain.
@atreyjohnn395
@atreyjohnn395 2 года назад
The trading system is a set of certain algorithms trading instructions--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------and action of the trader, on the basis of the technical analysis. In each trading system, the conditions for entry/exit time intervals, money management, and risk management are clearly defined. Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character. I have been trading forex for 6 months now and never have! regretted going into it, my only regret is not going through the right way as I lost a lot before l was directed to the best trading agent in the market, MIGHTYPROMINERS🎡COM grew my account drastically with my initial investment of $4500 to $32000 in a week.
@zambarano444
@zambarano444 2 года назад
Always thank you-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- MIGHTYPROMINERS🛑COM for the profit on my 2.7 bitcoin I invested with you it is a simple concept that seems complicated if not well explained. At its core, mining is the process of verifying a transaction so that it is added to the public ledger known as blockchain. Transactions are added in blocks. All you need to verify a Bitcoin transaction is an internet enabled computer with a software program linked to the blockchain.
@atreyjohnn395
@atreyjohnn395 2 года назад
The trading system is a set of certain algorithms trading instructions--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------and action of the trader, on the basis of the technical analysis. In each trading system, the conditions for entry/exit time intervals, money management, and risk management are clearly defined. Trading systems allow you to limit the factor of emotional influence on decision-making, as well as to give the trade a certain degree of systemic character. I have been trading forex for 6 months now and never have! regretted going into it, my only regret is not going through the right way as I lost a lot before l was directed to the best trading agent in the market, MIGHTYPROMINERS🎡COM grew my account drastically with my initial investment of $4500 to $32000 in a week.
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