3 ms·
> but to call America a Ponzi scheme is essentially meaningless Calling one specific economically advanced civilization a ponzi scheme because it has radically
by enragedcacti 4y ago
> but to call America a Ponzi scheme is essentially meaningless
Calling one specific economically advanced civilization a ponzi scheme because it has radically different and unsustainable development policy is far from meaningless given there are obvious models outside of the US that we could transition to.
> You might as well call civilization itself a Ponzi scheme that requires new members when they turn 18 to participate while old members at 65 cash out.
You might as well call all investments a ponzi scheme if our only requirement is that some people are buying in while others are exiting. The interesting aspect of an investment (or civilization/development policy) is how sustainable it is and how transparent it is about its sustainability.
> Outlining why civilization was a mistake is interesting, but not sure what good can come out of it
Strong Towns doesn't advocate that civilization was a mistake, and the good that can come of their work is not continuing to double down on unsustainable development practices.