This is Karl Polanyi’s “final disembedding," the economy untethered from the social body that created it . We've bifurcated into the "real" (labor) economy and the asset economy, and it's not going great for the labor economy.
Will Manidis
Will ManidisSep 23, 2025
2028 will be won by whoever recognizes first that there is not a single economic indicator that even slightly correlates with how the average american family experiences the economy, and optimizing for the former at the cost of the latter will destroy you
We should take a beat to reflect on the moral basis of economics, and the human condition.
Like the Pope did here . Why are we building what we're building? Cui bono? To whose benefit?
Pope Leo XIV
Pope Leo XIVNov 7, 20:50
The world needs honest and courageous entrepreneurs and communicators who care for the common good. We sometimes hear the saying: “Business is business!” In reality, it is not so. No one is absorbed by an organization to the point of becoming a mere cog or a simple function. Nor can there be true humanism without a critical sense, without the courage to ask questions: "Where are we going? For whom and for what are we working? How are we making the world a better place?"
I'm not a decel. The ChatGPT's out of the bag; there's no putting the tech toothpaste back in the tube. But at the very least, if you're gaining wealth by trading or building in the asset economy, you should be able to answer the above questions plausibly. Or at all.
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