The real question becomes what is driving this current system and why have socialism and even communism proven to be little more than the loyal opposition to capitalism?
It goes to the nature of our reality as goal oriented creatures in a cyclical and reciprocal reality. Markets need money to circulate, but we see it as the signal to extract from the noise of society and the economy. Requiring ever more to be added and ever more corrosive ways to store what has been extracted.
Econ 101 says money is both medium of exchange and store of value, but a medium is dynamic, while a store is static. Blood is a medium, while fat is a store. Roads are a medium, while parking lots are a store.
As the value circulation and distribution mechanism of society, finance is analogous to the body’s circulation system. Much as government, as the executive and regulatory function, is analogous to the central nervous system.
There was a time when government was private, but when monarchs lost sight of the function they served to society, in order to be served by it, they were usurped. It is a two way street. Banking is now having its; ”Let them eat cake.” moment.
Here is an essay I wrote;
Here is a link to the Public Banking Institute;
These processes take time and it is safe to say the younger generations are not going to even be able to support a system that is burying them in debt. The future we have been borrowing against will arrive.
