Thursday Countries never recover from a socialism that is allowed to run its course, i.e., until it has squandered the capital accumulated in the prior period. Compounding this problem is that the human capital also vanishes – for sunnier (saner) climes. The gene pool is weakened as only the old, apathetic and party apparatchiks are left. Lacking capital, intellect and … [Read more...]
Social Collapse
Wednesday Society evolved from tribalism. The process was simple, though unique to one place and time. Basic trading between tribes had always occurred. It was the emergence of money, with its unique property of being a store of stable value over time, which took trading to a much more sophisticated and complex level by allowing for the accumulation of … [Read more...]
Circulating Gold, With and Without
Thursday With circulating Gold came increased trade. Increased trade lead to greater prosperity and the need for more sophisticated language. The combination of increased wealth and more sophisticated language lead to the development of the arts – literature, painting, architecture, poetry, music, theatre etc. That in turn lead to even more sophisticated language and … [Read more...]