Capitalism gives rise to wealth but also destroys wealth because change is constant and things move in cycles.
Topic brief
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Cycles
Capitalism gives rise to wealth but also destroys wealth because change is constant and things move in cycles.
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Key Notes
The Bronze Age Collapse is framed as traumatic for Europe but not unique in human history; Jiang compares it to the rise and collapse of Maya civilization from about 200 AD through 1200 AD.
Timestamped Evidence
"...the way it is. Change is a constant. Things move in cycles. Capitalism gives rise to wealth, but it also destroys wealth. That's just..."
"Any questions so far? Are we clear? Alright. So, one thing that you have made, that you have made notice in this class is..."
"Okay? In the year 900, its civilization was over the place, in Central America. But then, after the Mayas, after 900, it went all..."
Relevant Lectures And Readings
Bronze begins as a weapon, becomes status, hardens into currency, and then teaches the world the dangerous rhythm of capital: rapid growth, total interconnection, elite consolidation, and sudden collapse.
The Bronze Age Collapse is not treated as a freak disaster.
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