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It's a swinging pendulum for sure. Crony capitalism is at one end. Is it end state, that's another question. Can you swing it back the other way? Certainly
by boringg 4y ago
It's a swinging pendulum for sure. Crony capitalism is at one end. Is it end state, that's another question. Can you swing it back the other way? Certainly but you need some kind of counter force.
- Retric 4y agoI think a lot of societal dysfunction eventually gets cleared up as they eventually lose a war. China’s history for example is arguably that cycle on repeat.
- boringg 4y agoYes - normally some kind of major shock to the system is responsible - war, revolution etc. A lot of the democratic institutions of the US were built after the war to prevent the prior issues. Sadly those memories are fading and the institutions are eroding as a result - leading back to the cycle you speak of.