
Saved by Ian Vanagas
The Inward Draw of Capitalism
Saved by Ian Vanagas
The emergence of capital has at least three notable effects. Firstly, the more capital we succeed in creating — the process is risky, remember, and we can’t guarantee we will create any — the more specialized we are likely to individually become, meaning the less our understanding of supply and demand helpfully extends beyond our own circumstances
... See moreThe problem at the end of the Reagan cycle is that capital has successfully expanded, but is no longer able to drive the economy, and has left a large part of society increasingly unequal.
This is the belief that every year, the economy—and each individual company in it—should get bigger and bigger.