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Economics is politics by other means
Theoretically we could have created a society in which all this excess energy was converted to a lifestyle wherein humans simply get to enjoy being humans - but I say theoretically because it would have been (and was) outcompeted by societies who prefer guns.
It's a huge disaster - such a big proportion of the modern world no longer has access to the myths of a good life as offered by their individual cultures, much less the environment that actually leads to happy, healthy humans.
you are the media you consume.
Austerity can only be implemented in the shadow of a concentration camp.
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