Lock-ins set us up for collision courses

Deregulation and the financialization of capital since the 1980s have run their course for 40 years and now we continue to see one financial crisis after another. This is nothing new throughout human history. We have seen this play out over and over again. The difference was that we saw these play out over 500-year cycles and now we are seeing multiple collapses in less than a couple decades. Money, like most concepts, is just an invention of our imagination. A promise that we can all agree upon. It is no different than these symbols on this page. When we put them on paper, it means something because we all agree it does. We can imagine different things. But the power lies not in just those that maintain the illusion of control but with the power of lock-in. The longer we hold on to the systems of old, we harder it will be to change things. This is why we continue our reliance on things such as oil and gas products, even though we know they pollute the planet.