Luke Burgis | Layer Zero
Bankless
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Mimetic Desire and Economic Cycles
This chapter explores the interplay between mimetic desire and economic growth, emphasizing how competition for limited resources can become a challenge in stagnating markets. The discussion highlights the cyclical nature of economies, where periods of contraction can inspire innovation amidst fear and scarcity. It also examines the societal implications of these dynamics, including potential scapegoating and the need for new rituals to address underlying historical cycles.
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