A mature economic condition where rentier and asset behavior outcompete productive work, forcing stagnation or war-reset.
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financialism
A mature economic condition where rentier and asset behavior outcompete productive work, forcing stagnation or war-reset.
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Key Notes
All societies eventually collapse because of three boundary conditions: financialism, rat utopia, and elite overproduction.
Financialism begins when lending, investing, and rent seeking become more profitable than entrepreneurship or producing real goods.
War functions as a reset for financialized societies because destruction forces rebuilding and creates room for production again.
Timestamped Evidence
"...The second reason is rat utopia. And the third reason is financialism. All right. So, let me explain the first, financialism. What do I..."
"...societies done in order to get out of this situation where financialism has destroyed your society? Make war, guys. Do you understand? When you..."
"I'm creating wealth for the society. Right? You can also do that by building a factory. But over time, what happens is you eventually..."
"Does that make sense? So, the example is, okay, there are five restaurants in Beijing. They're obviously trying to compete against each other for..."
"Right now in the West, it's the same thing as well. And at that point, you have no choice but to start a war..."
"...into the promised land through his peer faith as well as financialism okay so in the french revolution you had rose pier who said..."
"...to do so you must demonstrate courage um you must demonstrate financialism the best way to do that is to prove yourself to god..."
Relevant Lectures And Readings
History is not a cycle, and it is not a line moving politely toward truth.
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