{"id":68648,"date":"2024-06-16T18:54:21","date_gmt":"2024-06-16T23:54:21","guid":{"rendered":"https:\/\/olduvai.ca\/?p=68648"},"modified":"2024-06-16T18:54:21","modified_gmt":"2024-06-16T23:54:21","slug":"the-crises-and-sacrifices-yet-to-come","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=68648","title":{"rendered":"The Crises and Sacrifices Yet to Come"},"content":{"rendered":"<div class=\"post-header\">\n<h3 class=\"post-title unpublished\"><a href=\"https:\/\/charleshughsmith.substack.com\/p\/the-crises-and-sacrifices-yet-to\">The Crises and Sacrifices Yet to Come<\/a><\/h3>\n<p class=\"subtitle\"><strong>The timing of finally embracing risk and sacrifice as the only option left is exquisitely sensitive: finally caving in a moment too late leads to the system collapsing beyond recovery.<\/strong><\/p>\n<\/div>\n<div>\n<div class=\"available-content\">\n<div class=\"body markup\" dir=\"auto\">\n<p><strong>The sense that we&#8217;re approaching a tipping point into a crisis with no easy resolution is pervasive<\/strong>, a sense that beneath the veneer of normalcy (the Federal Reserve will lower interest rates and that will fix everything), we sense the precariousness of this brittle normalcy.<\/p>\n<p><strong>While many are uneasily scanning the horizon for geopolitical crises, others see the crisis emerging here at home<\/strong>, possibly a political crisis or a financial crisis that ensnares us all.<\/p>\n<p><strong>Few look at the decay of our social order as the source of crisis.<\/strong>\u00a0Few seem to notice that corruption has become so normalized that we don&#8217;t even recognize the ubiquity and depth of our corruption; we tell ourselves that this isn&#8217;t corruption, it&#8217;s just healthy self-interest, the &#8220;invisible hand&#8221; of the market magically organizing our economy to optimize efficiency and productivity. This provides cover for our worship of self-interest, a polite phrase for limitless greed.<\/p>\n<p><strong>While the media glorifies illusions of salvation and grandeur (AI!), few look at what&#8217;s been lost in the decay of our social order<\/strong>, a list that starts with\u00a0<em>sacrifice for the common good<\/em>\u00a0and\u00a0<em>civic virtue<\/em>.<\/p>\n<p><em><strong>The American Dream<\/strong><\/em><strong>\u00a0has a peculiarly truncated vision of\u00a0<\/strong><em><strong>sacrifice<\/strong><\/em>: we make individual sacrifices to advance our personal goals, but sacrifices for the common good are not part of the Dream: sacrifices for the sake of our fellow citizens are at best unnecessary and at worst a waste of money, something only chumps fall for.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<div class=\"captioned-image-container\">\n<figure>\n<div class=\"image2-inset\"><picture><source srcset=\"https:\/\/substackcdn.com\/image\/fetch\/w_424,c_limit,f_webp,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcfc2f7f-c62f-4e5b-8ae9-829aa3c47150_550x485.png 424w, https:\/\/substackcdn.com\/image\/fetch\/w_848,c_limit,f_webp,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcfc2f7f-c62f-4e5b-8ae9-829aa3c47150_550x485.png 848w, https:\/\/substackcdn.com\/image\/fetch\/w_1272,c_limit,f_webp,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcfc2f7f-c62f-4e5b-8ae9-829aa3c47150_550x485.png 1272w, https:\/\/substackcdn.com\/image\/fetch\/w_1456,c_limit,f_webp,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbcfc2f7f-c62f-4e5b-8ae9-829aa3c47150_550x485.png 1456w\" type=\"image\/webp\" sizes=\"100vw\" \/><\/picture><\/div>\n<\/figure>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Crises and Sacrifices Yet to Come The timing of finally embracing risk and sacrifice as the only option left is exquisitely sensitive: finally caving in a moment too late leads to the system collapsing beyond recovery. The sense that we&#8217;re approaching a tipping point into a crisis with no easy resolution is pervasive, a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[24078,1769,180,1385,690,15198],"class_list":["post-68648","post","type-post","status-publish","format-standard","hentry","category-economics","tag-charles-hugh-smith-2","tag-corruption","tag-crises","tag-greed","tag-risk","tag-sacrifice"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/68648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=68648"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/68648\/revisions"}],"predecessor-version":[{"id":68649,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/68648\/revisions\/68649"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}