Re:How Western Civilisation Could Collapse
by jokethrowaway on Thursday April 08, 2021 @03:55PM
(#26743012)
It's debatable whether people with a smartphone will ever violently rebel, like they did in the past. The middle class has too much to lose and they're slave to their mortgage and their daily job.
What's more likely to happen is that they'll get comparatively poorer over time, even if their life gets better because of capitalism driven technology development.
The question is how little will people own in the future, especially with political consensus shifting towards redistributive practices.
The Great Reset's "You'll own nothing and be happy" is basically inching closer and closer to financial slavery.
I agree with you that the article's comparisons with history are not the most apt.
Modern empires work in different manners though: the USA has power and can sustain debt at the level it's doing it, just because of the strength of the dollar.
Once the yuan will take the dollar's spot, the unraveling could happen relatively quickly for the states.
What's more likely to happen is that they'll get comparatively poorer over time, even if their life gets better because of capitalism driven technology development. The question is how little will people own in the future, especially with political consensus shifting towards redistributive practices.
The Great Reset's "You'll own nothing and be happy" is basically inching closer and closer to financial slavery.
I agree with you that the article's comparisons with history are not the most apt.
Modern empires work in different manners though: the USA has power and can sustain debt at the level it's doing it, just because of the strength of the dollar. Once the yuan will take the dollar's spot, the unraveling could happen relatively quickly for the states.