"A false theory of culture is worse than a false theory of the heavens. The planets stick to their orbits no matter what we think, but culture becomes what we believe it is. Conditioned by the prophets of data and nostalgia to imagine no further than the evidence of the past, we forget that people … Continue reading Our Cults Become Our Culture
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Geriatric and/or Managerial Socialism
"Letting firms fail, and share prices fall to their market level, also provides younger generations with the same opportunities that we, Gen X and boomers, were given: a chance to buy Amazon at 50x (vs. 100x) earnings and Brooklyn real estate at $300 (vs. $1,000) per square foot. Just as we pretend our service men … Continue reading Geriatric and/or Managerial Socialism
