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HankP's avatar

On Martin Sandbu's article -

The world just went through a few years of experiencing what happens when you only value efficiency and you totally devalue redundancy. Our inflationary episode was largely caused by supply chain problems, which is short for "we cut away so much fat that there's only one source in the world we rely on for our raw materials/supplies/sub-assemblies/etc. and we can't operate if something happens to them".

Maybe a little more redundancy isn't a bad idea in a world that keeps throwing up various types of natural and man made crises.

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Alex Tolley's avatar

Fascism and poverty.

As with so many movements, fascism was started by the well-off and then ginned up the general resentments against "others" to build the movement.

There have been groups opposed to each other throughout history. Race, religion, something else. Any social/economic stress can be used to allow a group permission to act out their anger or resentments. Fascism is a branch of authoritarian rule that in effect states that the natural order of things is for a social pyramid with a single leader at the top. As that has been the social state for most of history, is it any wonder why it is so easy to get a population to support it?

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