If the far left’s failure mode is not understanding self-interest, the far right’s failure mode is not understanding other-interest.That is to say: we know the far left doesn’t viscerally get the idea of capitalism, of building products, of sometimes just not having the money to do something. The far left fantasy is of total independence from needing to work at all. They don’t understand economic scarcity.But the far right similarly doesn’t get the idea of diplomacy, of building coalitions, of sometimes jus ...

Communism shatters economic relations, but ultranationalism breaks diplomatic relations. ...

You're right that everyone's share can increase in absolute terms.But the West's living standards are entirely dependent upon continued absolute dominance, because it's propped up by the issuance of the global reserve currency, namely the dollar.https://t.co/LRHxlQCnGdpr337h4m (@pr337h4m):@balajis interpreting that chart this way is zero-sum thinking ...

(1) The fundamental issue is that 1950-1990 was not the normal way things are supposed to be, but actually an extraordinarily unusual period historically. That was peak Westernization and peak centralization:(2) As the center of mass of the world economy returns to Eurasia, where it was for thousands of years, the relative strength of the West has declined.(3) In isolation this wouldn't necessarily be bad, as a decline in relative terms could still of course be combined with an ascent in absolute terms. It' ...

If a car is headed downhill, and swerves left, and then right, and then further left, and further to the right, it doesn't actually arrest the descent. However, all the swerving may make the car crash faster.The G7 is like that car. It's the descending world. https://t.co/nAN6ntxgPGRay Dalio (@RayDalio):History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:1) The empire can no longer borrow the money to repay its debts2) It prints a lot of ne ...

RT Cory Levy (@cory)inspiring to see what @balajis has built at the Network School https://t.co/LsH6eqoGCr ...

Software Development & Problem Solving - Software development addresses problems created by software itself [1] - Fixing bugs on GitHub exemplifies using software to solve software-related issues [1] Engineering & Crisis Management - The idea that engineering cannot solve crises it creates is considered flawed [1]

Climate Change & Growth - The report suggests that "degrowth" was not the solution, but rather exponential growth is needed [1] - RMI (Rocky Mountain Institute) provides a source of climate hope [1] - The report is linked to a team at RMI [1]

Technological change > climate change. https://t.co/D9a7wGZrIn ...

Geographic Shifts in Finance - Traditional financial centers like NYC, London, and Tokyo are declining in importance due to factors like Fintech legislation and socio-economic issues [1] - Miami, Dubai, and Singapore are emerging as alternative financial hubs [1] - London has seen an outflow of over 250,000 (250 thousand+) British residents to Dubai [1] - Thousands of Chinese expats have relocated from China to Singapore [1] - New York is potentially losing financiers to Miami, accelerating an existing trend [1]