As wealth is sucked out of real economies and shifted into the speculative economy, people’s behavior and activities can’t help but become more market-based and less social. We begin to act more in accordance with John Nash’s selfish and calculation competitors, confirming and reinforcing our dog-eat-dog behaviors. The problem is, because it’s actually against our nature to behave this way, we’re not too good at it. We end up struggling against one another while getting fleeced by more skilled and structurally favored competition from distant and abstracted banks and corporations. Worse, we begin to feel as though any activity not in some way tied to the corporate sphere is not really happening.
Posted on: Sat, 22 Jun 2013 16:32:24 +0000
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