Good this is being analysed, at last. A point maybe missed though, also by Hwang, is that underlying it all, is the drive for profit.
That is what needs to be removed, for all other things to fall into place.
Financial bubbles are only possible in a closed zero-sum economy.
Open the economy to free money, sourced by sun energy, distributed to all via the markets, and all is solved with not a single bullet fired.
That might sound crazy, but it is much closer than we might think, massive stimulus already happened, briefly, when the markets became donation arenas, briefly, and we saw a tiny recovery reflex in the environment.
And, people still need to eat.
So they will demand more free money, and we’ll see more of the effects of it, and at some point it will be realised there is an instant donation source, the sun, which can fund all things. By writing an IOU to our planet, for the debt which is actually owed to it, we can commute all debt to something repayable by the sun.
At some point, very soon, it has to be accepted, that is the only way out.
Anyone who still anticipates any kind of “future struggle” for the internet still hasn’t figured that out.