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WiM054 - The Vervaeke Series | Episode 5 | A Psychotechnological Theory of Money
The "What is Money?" Show
Is Capital Consumption a Good Argument?
A, yes, it sounds like you're happy with my proposal. That specific instance of your argument is a consumerist, a mentality that is plugging into and exasperating a biological predisposition towards hyperbolic discount samla,. discon absolutey weak. And i would add to it. So it's that is inducing us into capital consumption more than it is capital accumulation, which unwinds civilization. Wi, again, another metric for how civilized we are, how much capital have we accumulated? You can think if capital is like a buffer against risk or uncertainty, if things go wrong, we have resources to draw upon and survivea so it's drawing down stock of
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