The 1930s and today share fundamental structural similarities: technology-driven labor disruption, severe financial crises and high financialization, climate disruption, pandemics, inequality comparable to the Gilded Age, and loss of confidence in the system leading to proliferation of alternative political ideologies.
causalpending
Speaker
Victor JvetsayEvidence Quote
“Whenever we have a severe disruption, certain elements are present. First of all, you can always see significant rise of some form of technological disintermediation... Secondly, what you see is severe financial crisises of some form and a high degree of financialization. The third thing you frequently see is impact of climate or some form of climate change... All of them come together in 1930s as well as today.”
Created: 8/11/2026, 6:33:00 AM
My Notes
Loading notes...