Coding Capital [Katharina Pistor]

Coding Capital [Katharina Pistor]

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the role of law in creating wealth, emphasizing that legal systems are social resources used to code capital and create private wealth. Lawyers, as 'masters of the code,' help clients navigate legal frameworks to protect and grow their wealth, often leading to inequality. The video also highlights how legal loopholes are exploited for tax evasion and the dynamic nature of legal rules in economic contexts.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of legal institutions in the context of wealth creation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do lawyers contribute to the creation of private wealth according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the legal system act as a social resource?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of exempting capital coders from other rules?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the relationship between the rules of the game and the existence of assets like intellectual property rights.

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