Macro thinkers tend to assume there are 3 basic ways to solve problems: institutions, markets, and organized military conflict (war). No, there are 4. The fourth way is extended chaos, allowing the natural dynamics to play out and create a new default equilibrium condition.
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So chaos rules at below dunbar scale. My point is that markets are either institutions or chaos. My four ways will be: institutions, faith/ideology, war, and chaos. Yes, I am Hararian.
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Not chaos. Graeberian credit entanglement.
End of conversation
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