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Loss aversion among the oligarch & owner classes will always result in fascism eventually, as enemies are created within or without to satisfy the will to power
by WealthVsSurvive 6y ago
Loss aversion among the oligarch & owner classes will always result in fascism eventually, as enemies are created within or without to satisfy the will to power, which is itself the will to live: I am that I am. All of this has happened before, and unless we end it, all of this will happen again, assuming we have the opportunity to even try again. The violence of this loss aversion turned inwards is what destroys societies and makes them vulnerable to foreign invasion through more concrete material means of productions. In short: wealth inequality is fundamentally destructive to civilizations.