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I have a feeling western society (on an abstract level) is trying hard to give people something to lose, thereby creating loss aversion. Be it straight-up capit
by tommiegannert 3y ago
I have a feeling western society (on an abstract level) is trying hard to give people something to lose, thereby creating loss aversion. Be it straight-up capitalism, or caring for a family, or protecting the nation state. We seem hell-bent on keeping people living in fear, because so many things have already been built by the society, that it wants to protect them using its people. This leads me to...
When you have nothing to lose, taking risk is not risky. As societies progress, they probably meet an apex where the will to progress further is completely offset by the fear of losing what you already have. The sceptic in me feels this is the inevitable cycle of empires, but I'm sure the world has also seen many inflection points that turned out to be a "fake-out," and some new invention gives new hope for the future, again shifting the fear balance.
- poisonborz 3y agoThis scale is not true, nor on an individual nor societal level. Having more makes people bolder in general. See how billionares or VC take huge bets, or how Germany threw all its gains into WWI.