Capitalism does not distribute abundance. It sustains value by distributing differential (as inequitable) access.
Tag: housing
Australia’s housing crisis is not a collection of separate failures. It is what happens when finance, construction, wages, planning, and social policy move at different speeds while remaining inseparably connected.
Categories
pay the piper: hidden tariff
Every system sends the bill somewhere else until there’s nowhere left to send it.
Categories
Wealth: Breaking the Future
Hyman Minsky, an economist who studied the fragility and collapse of financial systems, showed how finance is not neutral but recursive: price rises create collateral, collateral expands credit, and credit drives prices higher still. This acceleration does not move toward equilibrium but toward a critical inflection where reversal cascades through the system. Housing markets in […]
Daedelus Kite 