this post was submitted on 21 Sep 2023
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How is it that free market's modus operandi seem to be attempting suicide every few years?
It's not free enough!!!!
No joke, though, there are people who think that letting things hit the wall as fast and hard as possible is desirable. It's called accelerationism.
I'm torn about this cause on one hand it would show the problems before they have a chance to set in, but on the other it would probably end in authoritarianism if it led to governmental collapse.
The accelerationists do tend to have quite an overlap with various flavours of authoritarianism. One has to wonder about their motives.
Because boom and bust cycles are how wealth flows upward.