Here's the thing about globalisation in decline: when governments start handing out special favors and protection to certain players, they're basically creating economic rents. And once rents enter the system, they corrupt the whole market mechanism. The winners aren't the most innovative or efficient anymore—they're the ones with best connections. That's when innovation stalls, competition weakens, and countries start losing their edge. Businesses stop hustling. Citizens lose the drive to build something real. It's a slow spiral downward, and honestly, it's the exact opposite of how open, meritocratic markets should function.
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MetaMisfit
· 01-18 11:39
It's the same old relationship network logic; I've seen through it long ago.
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ReverseTradingGuru
· 01-18 05:11
This is the process of the rise of crony capitalism. In plain terms, it is bad money driving out good money.
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AirdropBuffet
· 01-15 17:19
ngl That's why some projects raise the most funds during a bear market... It all comes down to productivity.
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BlockDetective
· 01-15 17:18
Honestly, that's why I am so optimistic about Web3... The traditional financial system has long been messed up by vested interests, and the retreat of globalization is only accelerating this process. In contrast, the transparent mechanisms on the blockchain can actually save the day.
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TokenEconomist
· 01-15 17:17
actually this is just rent-seeking theory dressed up as macro commentary. the real problem? misaligned incentives baked into the protocol itself—whether we're talking governments or defi
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metaverse_hermit
· 01-15 17:16
NGL, this is the true portrayal of crony capitalism—those connected get the meat while we drink the soup...
Here's the thing about globalisation in decline: when governments start handing out special favors and protection to certain players, they're basically creating economic rents. And once rents enter the system, they corrupt the whole market mechanism. The winners aren't the most innovative or efficient anymore—they're the ones with best connections. That's when innovation stalls, competition weakens, and countries start losing their edge. Businesses stop hustling. Citizens lose the drive to build something real. It's a slow spiral downward, and honestly, it's the exact opposite of how open, meritocratic markets should function.