Maybe we are starting to see now that “wealth” (capital) that is unused, though possessed by people, isn’t actually wealth, but wealth witheld.
In other words, it is controlled scarcity.
That is the fundamental mechanism needed for profit, colonialism, slavery, wars, in fact every kind of inhumanity which always resulted, with planetary pollution, and loss of resources as a further effect.
As long as profit is a thing, it can never be changed. We will feed on one another, and our environment, until extinction.
Things like Covid, and wars, as long as profit is practiced, just push us closer to that end, by transferring yet more “Wealth” away from those needing it most.
It has happened for all of our known history, and we’ve always thought it is the only way to be, and maybe it was, until about 120 years ago.
Then, we saw the first ambition to put the energy of the sun directly to our use, in the earlier efforts of one technologist, Nikolai Tesla.
If he had succeeded, we would have had something like the internet, and free power for all people, ever since then.
Free power, is free money; money-as-sunlight, as we can see with the working example that is Bitcoin, rather than money-as-debt, which we’ve always known.
So, things are different now, at last.
It no longer is truly a zero-sum game.
Now, there is physical energy from the only source of it in our local universe, being wound directly into our economy, and the control of scarcity, by scarcity enforcement, is no longer possible.
Now, money, in the form of wealth created from an extraterrestrial source, the true creative source of all wealth, can be freely issued, additionally to, and as an alternative to traditional “wealth” which is possessed and witheld.
Ironically, even Bitcoiners, who have invested in Bitcoin, don’t seem to have recognised this yet, using it as just another instrument of scarcity control, with those who colonised it first thinking they stand to gain the most, but they will see the reality, one way or another, sooner or later, it is the very first form of money-as-sunlight.
That is the real thing of value, far more than any amount of capital it might represent, is the amount of solar power utilised, now enough to supply several countries.
The growth of that phenomenon can’t be contained, solar power is effectively infinitely scaleable, it can be expanded without limit, that is the true bubble bursting.
It leads very soon to the de-valuation of all capital, which as understood, is the very mechanism used to enforce scarcity.
We are standing in a growing free money-fall, but we are yet to realise it, and really make use of it.
The way to make best use of it would be to take it to its conclusion without further delay, by writing off the debt of all humanity, as an iou, representing the energy debt to our planet, from which we have always extracted energy, using the mechanism of money-as-debt.
Those who have gained most by scarcity control could do that tomorrow, if they chose, but they are still busy trying to close the door to infinite wealth behind them, since they were first in.
If they could do that, they could claim the moral high ground, those instrumental in finally leading humanity out of the darkness of scarcity control, taking us from stage zero of the Kardashev scale, to stage one.
