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#70 | 2025-10-10 15:40:43 UTC
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StJohn Piano
Borges: the backlash against the plutocracy/billionaire oligopoly StJohn: We're definitely "pyramidising" - i.e. the pyramid …

Bozeman, Montana is about as far away from the US urban / coastal cultures as you can get. Nonetheless, urban people displace Bozeman people, not the other way around. I find myself concluding, yet again, that owning a house is no protection against the economic currents of our time. Economic networks are the powerhouse. People hooked into an expanding network simply displace those who are not. So one’s focus must always be one’s network. (Even if you acquire a house, your neighborhood is displaced and restructured, and your kids grow up in the new environment, and themselves are obligated to leave - so you only put off the defeat for one generation.) I think we could think of the phenomenon today as “internal colonization” by different networks. The focus is now Montana instead of the Congo. A model: Networks process transactions. Skills are valuable economically if they allow you to help a network process more transactions.