21min chapter

The Great Simplification with Nate Hagens cover image

Michael Every: "The Many -Isms of the Metacrisis”

The Great Simplification with Nate Hagens

CHAPTER

Economic Factors and Social Instability

The chapter delves into the impact of economic factors like interest rates, AI, and wealth inequality on different societal segments, debating the potential breaking point in wealth disparity and consequent social instability. It analyzes the vulnerabilities of the middle class to economic shifts and contrasts pre-1980 economic models with the neoliberal approach, emphasizing the role of morality in economic decision-making. The discussion advocates for a balanced approach integrating market dynamics with societal well-being to address current meta crises and highlights the need for individual consciousness towards sustainable choices.

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