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Never learning to solve for money is one kind of tragedy. Never being able to stop solving for money is a different kind of tragedy. It’s not about when you have enough. It’s about when you’ve had enough.
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I’m mostly still a shameless neoliberal shill scheming to make cosmopolitan globalism great again, but one shift in cultural attitudes I vibe with strongly is general exhaustion with solving for money. It was insane for 4 decades.
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I think the wealthy still don’t viscerally appreciate why deep inequality is a problem. With enough persistent inequality people start checking out of the money game. Participate in the least effort way to meet a minimum and walk off the playing field.
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That’s why they trot out irrelevant arguments like material standards being better for all etc. An unequal economy is like a sports league where one team always wins because they get to rollover win margin from the last game. The game gets boring to play or watch.
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Hustle theater takes 2 sides — a preacher side selling winning formulas and a hungry audience itching to play. Feels like preachers are preaching hard as ever but the audience is kinda wandering off.
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It will be interesting to see how a world with weak money works. It’s like when religion got weak and people largely stopped solving for an afterlife. And the world does didn’t fall apart.
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The pandemic was the first big lesson in a long time that there are limits to solving problems by solving for money. Some problems are too big to financialize.
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The “burnout wave” going on is about a lot of people deciding to stop solving for money. They’ve had enough. What happens when you stop solving for money? You fuck around and find out.
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Replying to
You once proclaimed that money is the thing that it makes the most sense to solve for. Was it the overwhelming and all-flattening success of financializtion that killed it?
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