20:30 Kahneman got it wrong. There’s nothing irrational about believing that wealth has a purpose beyond consooming. In fact, most wealth is reinvested in growing more wealth. Obsession with consooming and “happiness” is a manufactured idea by the Managerial State and its agents.
Thank really enjoyed the conversation. Now that Silicon Valley has gone full political, I guess this means if you take investment, it comes with a political direction, make sure you vote how your investors want you too.
44:30 The Great Stagnation is our version of the Brezhnev Stagnation. Capitalism doesn’t have “stages”. Capitalism is universal and eternal human nature. The cause of the Great Stagnation / Slow Cancellation of the Future is caused by the Managerial Revolution as a form of soft communism. Or like the institutional economics people behind “Risk Society”. We’re stagnating because of a lack of capitalism, not because of some imaginary “mature markets” of capitalism.
16:40 Academia and Journalism aka The Cathedral as Curtis Yarvin (aka Mencius Moldbug) called them. The true villains of society.
20:30 Kahneman got it wrong. There’s nothing irrational about believing that wealth has a purpose beyond consooming. In fact, most wealth is reinvested in growing more wealth. Obsession with consooming and “happiness” is a manufactured idea by the Managerial State and its agents.
Thank really enjoyed the conversation.
Now that Silicon Valley has gone full political, I guess this means if you take investment, it comes with a political direction, make sure you vote how your investors want you too.
18:00 Neuroticism of status anxiety and reputation risk is a point that isn’t emphasized enough.
Nate is Great.
44:30 The Great Stagnation is our version of the Brezhnev Stagnation. Capitalism doesn’t have “stages”. Capitalism is universal and eternal human nature. The cause of the Great Stagnation / Slow Cancellation of the Future is caused by the Managerial Revolution as a form of soft communism. Or like the institutional economics people behind “Risk Society”. We’re stagnating because of a lack of capitalism, not because of some imaginary “mature markets” of capitalism.
so much sense
Nice episode. Not a genius so I'll have to miss the second hour. Cheers.
If I could choose to remove 5 words from thid world it would be :
Like
Right
Just
Skibbidi
Rizz
Well done getting Nate Silver on. They were so stupid pushing him to one side.
Nate is an insightful man with a terrible beard.