Sapiens: A Brief History of Humankind by Yuval Noah Harari - Animated Book Summary
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Detailed Step by Step animated book summary of Sapiens: A Brief History of Humankind by Yuval Noah Harari.
Main Ideas of Sapiens: A Brief History of Humankind by Yuval Noah Harari:
Idea 1. Introduction to 'Sapiens' and Yuval Noah Harari.
Idea 2. Cognitive Revolution (70,000 years ago).
Idea 3. Development of Myths and Shared Beliefs.
Idea 4. Agricultural Revolution (10,000 years ago).
Idea 5. Economics and the Rise of Money.
Idea 6. Empires, Culture, and the Unification of Humankind.
Idea 7. Science, Empire, and Capitalism.
Idea 8. Scientific Revolution (16th century onward).
Idea 9. Inequality Among Humans.
Idea 10. Human Happiness.
Idea 11. The Future of Sapiens.
Idea 12. Closing Thoughts.
DISCLAIMER: All information and data on this video are for informational purposes only. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
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The exchange value of any commodity is directly related to the socially necessary labor involved in its production. More socially necessary labor = greater exchange value. Money is universal exchange value and, as such, permitted trade more sophisticated and complex than simple barter. Silver and gold became money because these are two commodities that (if pure or alloyed at a standard rate with baser metals such as copper to improve durability), as metallic elements, are globally uniform, easily rendered into comparable units of value based on weight, durable, not subject to spoilage, and densely concentrated with exchange value due to the high amounts of labor involved in their production. Paper money has virtually no intrinsic value. It was issued as a substitute to facilitate the ease of trade. Until recently (1971) it was a promissory note that could be exchanged for gold or silver (real value) by the state issuing it. That's now gone.