new rulers
Stop using old rulers to measure new things
new rulers
Stop using old rulers to measure new things
Capitalism is not simply a system of market exchange - it is a system that measures and reduces the value of Life including human labour, living ecosystems, relationships and life-force.
Peter Zeihan, geopolitical strategist and one of my favorite thinkers, has recently raised the point that the underpinnings of the economy have broken apart. Indeed, what happens when our measurements of the economy (inflation) are no longer accurate, and our tools for controlling the economy (interest rates) no longer work?
When measurements
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