All societies have created hierarchies from the beginning of recorded time Since we humans are merely animals who have attained a level of consciousness we behave like animals who also are biologically observed to have hierarchies
But since we are conscious animals we develop a sense of right and wrong That leads to laws and a judicial system It's all well and good to this point in evolution
In any animal society human or otherwise there is always the biological innate demand for survival In this context any human society equates this survival to money But this survival tool becomes so twisted and obfuscated that it renders over timelines what we have today which is an ever increasing wealth gap And this becomes even more unmanageable in a society due to greed and power
We are fast approaching the societal inflection point of self imposed criticality by creating a currency crisis of the West's own making by ushering in a fiat currency system in 1971 when the US dollar went off a gold standard which had restrained government spending in excess The global economy will implode in the near future(2026?) and those societies like China with 70K tonnes of gold will survive better than others But this should be not surprising It has happened over and over again in society after society in the timeline of history
Irresponsible governments who don't learn this important fiscal lesson will continue to disrupt and eventually destroy the very societies they lead, whether democratic or not And the people they govern will pay the price in what is written about slavery without chains and the servitude it creates Of course even if restraints are imposed on the government there is always the avarice, greed, and desire for power that is innate human ego desires that trap the conscious human animals that we are on the material plane and prevents us from achieving our spiritual potential which truly separates us from unconscious animals
I remember when I was newly married and complained to my husband that I realized that, because of my asthma, I would always be a slave to the system. How else would I ever get healthcare for my meds?
I always assumed I would not have an inheritance. My parents were tricked into a reverse mortgage. When my father's heart and dementia made them need to downsize, they were left with less than half of the sale of my childhood home. That was last year. This year the rent at their senior living went up and my mother lives in fear of running out of money. My father's health continues to decline.
Thank you for sharing your experience, it means a lot.
We experienced something similar with my grandmother-in-law. She passed away a few years back in the middle of COVID. As it all went down, and we had no option but to go with a senior facility, it was a massive challenge to try and protect her from having everything she owned, including her home, from being liquidated to pay for the exorbitant costs.
The idea that people can work their entire lives, produce so much for society, just to end up with nothing at the end because it all got gobbled up by this industry or another is wild to me.
Sorry I've been in abstentia from these teachings. Tis the season. Grr.
Anyway, good stats here, & all good points. Some people will point to the folks who managed to make their way out of the morass, such as Steve Jobs. They are unicorns, being held up to us as carrots. Most of us will only know the stick.
You're definitely on to something. I've been on the receiving end of this madness, in that my inheritance got sucked into the black hole during the financial crash's fallout. It really is disheartening when locally-founded financial institutions get sucked into playing with the big boys. It's like letting a 15 year old who's never played cards in their life sit at the poker table in a Monte Carlo casino.
In many ways the system you describe bears remarkable resemblance to indentured servitude. During the 17th and 18th centuries, many immigrants from the British Isles were either debtors who sold themselves into indenturement to settle the debt, or petty criminals who were sold largely to get rid of a social problem. Their labor was owned for a set number of years, with a promise of freedom at the end. But too often the conditions were so brutal, that the individual under contract died before ever attaining freedom.
I don't know that I would completely dismiss socioeconomic class out of hand in this analysis. Class definitely plays a part, but it's so subtle that it's easy to overlook. Is there an inherited aspect to this? I think there is, and the clearest marker of it is elite education in tech and financial fields. There is also the issue of sex/gender. Friends in the mental health field have been telling me that the single largest group in the newly homeless is the single/divorced/widowed woman over 60. And to that end, I would also take a look at the fields being downgraded from professional status for the purposes of financial aid: teaching, nursing, behavioral and mental health professions, and (rather surprisingly) engineers and architects. There are a lot of intertwining issues here, and lots of thread ends to disentangle.
All societies have created hierarchies from the beginning of recorded time Since we humans are merely animals who have attained a level of consciousness we behave like animals who also are biologically observed to have hierarchies
But since we are conscious animals we develop a sense of right and wrong That leads to laws and a judicial system It's all well and good to this point in evolution
In any animal society human or otherwise there is always the biological innate demand for survival In this context any human society equates this survival to money But this survival tool becomes so twisted and obfuscated that it renders over timelines what we have today which is an ever increasing wealth gap And this becomes even more unmanageable in a society due to greed and power
We are fast approaching the societal inflection point of self imposed criticality by creating a currency crisis of the West's own making by ushering in a fiat currency system in 1971 when the US dollar went off a gold standard which had restrained government spending in excess The global economy will implode in the near future(2026?) and those societies like China with 70K tonnes of gold will survive better than others But this should be not surprising It has happened over and over again in society after society in the timeline of history
Irresponsible governments who don't learn this important fiscal lesson will continue to disrupt and eventually destroy the very societies they lead, whether democratic or not And the people they govern will pay the price in what is written about slavery without chains and the servitude it creates Of course even if restraints are imposed on the government there is always the avarice, greed, and desire for power that is innate human ego desires that trap the conscious human animals that we are on the material plane and prevents us from achieving our spiritual potential which truly separates us from unconscious animals
Thank you. This resonated with me.
I remember when I was newly married and complained to my husband that I realized that, because of my asthma, I would always be a slave to the system. How else would I ever get healthcare for my meds?
I always assumed I would not have an inheritance. My parents were tricked into a reverse mortgage. When my father's heart and dementia made them need to downsize, they were left with less than half of the sale of my childhood home. That was last year. This year the rent at their senior living went up and my mother lives in fear of running out of money. My father's health continues to decline.
I look forward to the rest of your series.
Thank you for sharing your experience, it means a lot.
We experienced something similar with my grandmother-in-law. She passed away a few years back in the middle of COVID. As it all went down, and we had no option but to go with a senior facility, it was a massive challenge to try and protect her from having everything she owned, including her home, from being liquidated to pay for the exorbitant costs.
The idea that people can work their entire lives, produce so much for society, just to end up with nothing at the end because it all got gobbled up by this industry or another is wild to me.
Sorry I've been in abstentia from these teachings. Tis the season. Grr.
Anyway, good stats here, & all good points. Some people will point to the folks who managed to make their way out of the morass, such as Steve Jobs. They are unicorns, being held up to us as carrots. Most of us will only know the stick.
You're definitely on to something. I've been on the receiving end of this madness, in that my inheritance got sucked into the black hole during the financial crash's fallout. It really is disheartening when locally-founded financial institutions get sucked into playing with the big boys. It's like letting a 15 year old who's never played cards in their life sit at the poker table in a Monte Carlo casino.
In many ways the system you describe bears remarkable resemblance to indentured servitude. During the 17th and 18th centuries, many immigrants from the British Isles were either debtors who sold themselves into indenturement to settle the debt, or petty criminals who were sold largely to get rid of a social problem. Their labor was owned for a set number of years, with a promise of freedom at the end. But too often the conditions were so brutal, that the individual under contract died before ever attaining freedom.
I don't know that I would completely dismiss socioeconomic class out of hand in this analysis. Class definitely plays a part, but it's so subtle that it's easy to overlook. Is there an inherited aspect to this? I think there is, and the clearest marker of it is elite education in tech and financial fields. There is also the issue of sex/gender. Friends in the mental health field have been telling me that the single largest group in the newly homeless is the single/divorced/widowed woman over 60. And to that end, I would also take a look at the fields being downgraded from professional status for the purposes of financial aid: teaching, nursing, behavioral and mental health professions, and (rather surprisingly) engineers and architects. There are a lot of intertwining issues here, and lots of thread ends to disentangle.
Hello Lukium,
This is a great analysis. I learned a lot. Thank you.
I notice though that you don't mention AI generating unemployment ( perhaps you get to that later).
I appreciate our work. Suzanne
We have a whole section about AI in part 2.
I'm really curious what everyone will think about it.