Because the dominant narrative is that it is the financial world that makes the real economy possible rather than the other way round. In the long run, we're all dead. John Maynard Keynes
Because the dominant narrative is that it is the financial world that makes the real economy possible rather than the other way round.
Given current events I cannot imagine a better environment to change the narrative with ET leading the way. Please do not wait until people are too busy fighting each other for enough food to survive because they will then be too desperate to listen.
Is there an ET "working group" focusing on this? In the end, might makes right. Nothing has changed since the caveman.
A pleasure I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude
But IMHO they are not the same: assets are nationalised while creditors are bailed out. Of course, they can take place at the same time. A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith