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Therefore, Trump does not represent the transition to the new era. He is instead the first tremor who appeared decisive to his supporters and frightening to his opponents. Trump is the first indicator of a struggle between two classes. But while the ascending class has not yet reached its limit, the descending class is continually bleeding power. T
... See moreGeorge Friedman • The Storm Before the Calm: America's Discord, the Coming Crisis of the 2020s, and the Triumph Beyond
Friends with Benefits (FWB) • A Political History of DAOs
The current era has not merely reterritorialized cores and peripheries away from groups of nations to those within and across nations but has also respatialized this division beyond geography (e.g., cyber-divisions and groupings).
Prasenjit Duara • The Crisis of Global Modernity: Asian Traditions and a Sustainable Future (Asian Connections)
The likelihood would clearly rise in the presence of new social stressors. We’ve already mentioned one possible stressor: a financial crash and follow-on recession, accompanied by elevated unemployment and either deflation or “stagflation.”
Neil Howe • The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End
The truth is that the story of the “tragedy of the commons”, commonly used to justify the need for capitalist markets and push for neoliberal economic policy, was one made up by the conservative American ecologist Garrett James Hardin.8 Hardin later retracted his original thesis in response to evidence of historical and existing commons, stating th
... See moreJoshua Dávila • Blockchain Radicals: How Capitalism Ruined Crypto and How to Fix It
One result is little planning and wretched execution—as both Trump and Biden have demonstrated on trade, immigration, pandemic response, and foreign policy. Another is the willingness of both parties, when in power, to eke out near-term economic gains by means of fiscal and monetary stimulus—until stimulus must be withdrawn, and then everybody suff
... See moreNeil Howe • The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End
Friends with Benefits (FWB) • A Political History of DAOs
As we move from the 1950s to the 1970s and then to 2008, we notice a problem. A perfectly good idea morphed into another good idea, spread beyond housing, and then culminated in uncontrolled insanity. By 2008, no one, including the management of Fannie Mae and Freddie Mac or the Department of Housing and Urban Development, had any idea of the fragi
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