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generativenoise | 3 months ago
To me the most wild thing about our current circumstance is the abstraction away from the real with financialization. Pretending that money basically has unlimited optionality and liquidity in the future without having to manage, maintain and develop the resources, capabilities, infrastructure, and environment for the long future not just the next few quarters.
Especially when it comes to investing for retirement. So much people are delegating their excess to grow the "market" which by in large is destroying the foundations for that very retirement by chasing maximal growth of money while destroying the underlying systems (healthcare, housing, social and environmental stability).
Maybe this is the best we can do due to adversarial constraints and the current system state. But that is a pretty depressing thought.
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