Rethink: Inheritance, debt, and world views
At the end of June I joined a twitter thread started by George Soros where he referenced a short podcast essay he made about rethinking debt. Inheritance is also a key part of systemic racism, allowing those whose wealth was gained off the (often whipped) backs of others to be perpetuated intergenerationally. So much of failed economic policy is tied to counterproductive cultural entitlements. — Russell McOrmond (@russellmcormond) June 30, 2020 While the thread was short, it touched upon some interesting ideas I wanted to expand upon. Read outside your echo chamber One person suggested that my comment came from within an echo chamber. In fact, what I wrote is what it sounds like when someone of European descent (ancestors primarily indigenous to Ireland) finally exits the Eurocentric echo chamber. Persons of European descent often imply that economic discussions are linear thinking between the theories of two Europeans: Scottish Adam Smith (Capitalism, 1700's) and German ...