We do not understand what makes for US dollar hegemony, why it is difficult to break, how to break it and why AND also why the US also needs the world not dependent on the dollar. Lets dive in.
Mar 22, 2023·edited Mar 22, 2023Liked by Rahul Deodhar
Over the past century, two impulses have dominated global thinking. Control and the financialization of executive thinking. Both are reductive forms of thinking as people and the institutions of society are exploited for their financial value. In other words, they are costs that need to be minimized. This push to centralize all aspects of life on our planet, regardless of reason, is a form of mental and moral weakness. What these global leaders do not understand because of their isolation from real life is that people and society never stand still, but are always adapting to life situations at the micro-level. Of course the children who are our leaders are incapable of understanding this.
Over the past century, two impulses have dominated global thinking. Control and the financialization of executive thinking. Both are reductive forms of thinking as people and the institutions of society are exploited for their financial value. In other words, they are costs that need to be minimized. This push to centralize all aspects of life on our planet, regardless of reason, is a form of mental and moral weakness. What these global leaders do not understand because of their isolation from real life is that people and society never stand still, but are always adapting to life situations at the micro-level. Of course the children who are our leaders are incapable of understanding this.