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Supply Shock

On the Margin: Are You Ready For The 1st Turning? | Michael Millerman

Nov 27, 2024
Michael Millerman, an academic specializing in political science and philosophy, dives into Peter Thiel’s philosophical framework and the effects of 9/11 on Western ideals. The conversation explores the rise of Bitcoin as a decentralized force in a multipolar world and critiques the decline of liberalism. They discuss the societal implications of scapegoating in politics, particularly around figures like Trump, and reflect on the philosophical underpinnings of the Great Awakening. Millerman urges a new intellectual curiosity in navigating our complex political landscape.
56:46

Podcast summary created with Snipd AI

Quick takeaways

  • The evolving economic landscape reveals a shift where labor increasingly gains power over historically dominant monopolistic corporations, marking a major ideological transformation.
  • An understanding of political philosophy is crucial for navigating and capitalizing on current societal shifts and emerging economic frameworks.

Deep dives

Incumbents Crumbling Under Pressure

Major monopolistic corporations that have historically exerted significant power over individuals and regulations are now facing considerable backlash. This shift signifies a changing dynamic where labor is gaining influence over capital, contrasting with prior economic conditions. The traditional macroeconomic structures that once seemed stable are disintegrating, suggesting a shift in both power and economic ideologies. This evolving landscape presents opportunities for new economic frameworks and practices that challenge the old guard.

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