Pretty simple. Replace Profit with Quality of Life metrics. But the Elite (those who own the most land, spectrum, mining rights, licenses, monopolies, shares, overseas tax avoiding shell companies etc) cant do it cause…
Financilization of the economy, is when the finance sector(real estate,stock market,banks,insurance) grows faster than all other sectors of the economy. Cycle ends in 2 ways valuations reset after a bust or debt is…
Pretty simple. Replace Profit with Quality of Life metrics. But the Elite (those who own the most land, spectrum, mining rights, licenses, monopolies, shares, overseas tax avoiding shell companies etc) cant do it cause…
Financilization of the economy, is when the finance sector(real estate,stock market,banks,insurance) grows faster than all other sectors of the economy. Cycle ends in 2 ways valuations reset after a bust or debt is…