@paninid@mastodon.world
Modern markets discovered something darker: you don't even need traditional debt. Just price stability itself beyond reach. Embed the chains in housing prices, childcare costs, health insurance deductibles.
Make precarity the baseline. Make #security the #luxury good.
The Medici principle was that โthe poor should neither freeze nor starve, but they should always fear they might.โ
(5/6)
@paninid@mastodon.world
Modern #markets went further. They ensured you'd never quite afford to be fully human: always one payment away from losing what little stability you'd rented.
The system begins consuming itself: asset holders extracting from a shrinking base of consumers who can no longer afford to reproduce.
When a species accepts that its own continuation is economically irrational, what happens next?
We're about to find out.
https://www.linkedin.com/posts/jatinmodi_marriage-home-children-lifes-milestones-activity-7360316536747651072-wMhD (6/6)