Intro to Economic Life 9: Ouroboros Capitalism

Self-harm and contradiction in our economic superorganism

In Part 8 I introduced the fable of the Blind Men and the Elephant to illustrate how we struggle to see the different components of our economic system fitting together. The image of the blindfolded people is powerful, but it falls short in one important respect: the elephant they are touching is separate from them, but when we touch our economy we’re t…