M/1_LP
@MI_Investments
Family Office ~ Macroeconomics, Bubbles, Volatility, Forensics & Tail Risk.
Not political. #Veritas#
6.6K Following 5.1K Followers
"Why? Lack of values, purpose, and identity. With eroded traditional sources of identity and purpose (family, nation, vocation, faith), huge groups fill the void by claiming victim status or becoming advocates for other designated supposed victims. Responsibility is externalized: the system - capitalism, democracy, natives, “the West,” or some oppressor always explains their personal or collective shortfalls. This produces victimhood culture, beliefs of shared grievance, and alliances with radicals who offer belonging through struggle rather than responsibility, competence, or reform."
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