we need leaders who can inspire people to take on incredible challenges
great man theory BS. In the 60s we had the profits from postwar economic expansion and a propaganda war/arms race to win against the Soviets. Now we have no such profits, and in fact profits are shrinking across the board, so our society’s major institutions are clinging to them as tightly as possible.
There are, but the rate of their increase declines year over year, causing firms to cling to them with ever more self-sabotaging tactics. Then there’s a crisis, and a collapse - there’s a whole book about this, I highly recommend it.
great man theory BS. In the 60s we had the profits from postwar economic expansion and a propaganda war/arms race to win against the Soviets. Now we have no such profits, and in fact profits are shrinking across the board, so our society’s major institutions are clinging to them as tightly as possible.
There are tons of profits. They are just in the hands of people like Musk/Bezos.
There are, but the rate of their increase declines year over year, causing firms to cling to them with ever more self-sabotaging tactics. Then there’s a crisis, and a collapse - there’s a whole book about this, I highly recommend it.
Again, just not true. From before the pandemic (2019) to now, profits have increased by about 25 percent.
“rate of profit” is not the same thing as “profit”. You would know this if you read the book.