My take on this is that once an economic model begins to fail, the society that is based on it will inevitably also fail. Eventually wars breakout (usually reso

My take on this is that once an economic model begins to fail, the society that is based on it will inevitably also fail. Eventually wars breakout (usually resource wars), and a new dominant player emerges and their economic model gets implemented until it fails. Usually what causes the failure is that the economic model has reached it's growth or sustainability limit. I actually think company life cycles are very analogous and can teach us much about societies and their growth and decline but on a faster timeline. Companies operate very much like mini-societies with their own culture, beliefs and ingrained practices. They have business models which are constantly evolving. Most if not all of them grow and eventually decline if they fail to adapt. I'm of the opinion we are experiencing this now with whatever economic model we have in developed nations. It's a never ending cycle, at least until the human species evolves or is eradicated.