Scott Galloway is a bestselling author and professor of marketing at NYU Stern.
The following is a recent blog post, republished with permission, that originally ran on his blog, No Mercy / No Malice.
In it, Galloway discusses the impact Elon Musk has on cryptocurrency, the auto industry, and the free market.
I often write about platforms (iOS, Amazon Marketplace, etc.) as they are a source of value creation and power. The platform of unprecedented wealth creation is the free market of capitalism. The global adoption of markets has corresponded with the greatest expansion of prosperity in human history. But similar to tech platforms, free markets are neither naturally occurring nor immune to collapse. The free market can fail.
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