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A modern state is a fragile equilibrium of individual interests. It holds together as long as it delivers predictable benefits; it loses legitimacy when it fails to do so.

Economic crises break the anesthesia of prosperity and reveal what usually remains hidden: under scarcity, survival displaces abstraction, fear replaces trust, and rational individual actions push the system toward collective failure.

This is not an accident, but a structural outcome.

Read the full post to understand how states corrode, adapt, and transform.

Animal Spirits.
Jan 14
at
5:50 PM

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