The Black Death Killed Feudalism. What Does COVID-19 Mean For Capitalism?
You pay little attention to the systems of your body — circulatory, digestive, pulmonary — unless something goes wrong.
These automatic systems ordinarily go about their business, like unseen clockwork, while you think about a vexing problem at work, drink your morning cup of coffee, walk up and downstairs, and head out to your car to begin your morning commute. If you had to focus your attention on breathing, pushing blood through your veins, and metabolizing food, you’d have no time or energy to do anything else. The body abhors the micromanaging of the mind.
The same applies to the world’s markets. They whir away in the background of your life, providing loans to your business, coffee beans to your nearby supermarket, labor to build your house, gas to fill your car.