An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Easier said than done. All we have in the West is a kind of fluid class system and that is cemented firmly in place even the US where it is not even acknowledge.
Hysteresis and path-dependence in social systems is based on habits (individual) and customs (social), which crystalize into tradition that gets concretized in institutional arrangements, forming the basis of a culture. Hence, cultural change is difficult to bring about owing to cognitive-affective drag.
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Their caste system needs to collapse.
Their caste system needs to collapse
Easier said than done. All we have in the West is a kind of fluid class system and that is cemented firmly in place even the US where it is not even acknowledge.
Hysteresis and path-dependence in social systems is based on habits (individual) and customs (social), which crystalize into tradition that gets concretized in institutional arrangements, forming the basis of a culture. Hence, cultural change is difficult to bring about owing to cognitive-affective drag.
The Indian health system consists of "Here's a bit of food. Eat."
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