Oddbean new post about login | logout Why don't we make buildings like this anymore 😭 https://i.nostr.build/ZHqnkFsiaClQDyHx.jpg
Because the measurement stick for money is broken (fiat). Who in their right mind would fund a project that will take 20-100 years to complete when there is no certainty about the value of the money over that timeframe. #bitcoinfixesthis
I’ve been thinking about this lately, especially on my holiday through Indonesia where they have some amazing buildings. At first I thought the saying that gets rinsed over “wtf happened in 1971” but then thinking about it more I feel like it’s to do with all the regulations put in place with buildings. Basically gets put in the to hard basket and people just build a lot of pre approved plans, thoughts?
High time preference
How is the Meme Pool looking 👀 I have a theory about high time preference in relation to me my body @ who is @Kajoozie Maflingo in a relationship with @thePR0M3TH3AN ✝️ 🥩 🍊 no @Russo no or @TheRupertDamnit THATS IT. Which is you is a BIOLOGICAL WOMAN https://image.nostr.build/a4f296f84a661feeea44820c3506c19aaf22221e0986d52f725c265e8e1f80f8.jpg
we don't know how
Come to Italy if you want to enjoy certain wonders 🇮🇹🫂🎨
Many of these buildings took a very long time to construct? Regulations nowadays would prohibit this?
Takes too long
We actually do. They were all rebuilt after the Berlin wall fell. What you are looking at is not older than 30 years.
This is how the church in the background, Frauenkirche, looked like after ww2 https://i.huffpost.com/gadgets/slideshows/402854/slide_402854_5000364_free.jpg
watch humans turn into soulless robots: https://m.primal.net/KkrR.mov
Good time created weak men... Which went on a fiat standard.
you should check out Jon Levi on YouTube... he has your answers. https://youtube.com/@jonlevichannel
The gold standard days... Soon to be the Bitcoin standard and we can do more of this again!
I agree with the Thesis of @saifedean, the answer is FIAT
Hmm maybe, maybe not. Who funded these buildings in the past? Some were the state, some by wealthy folks. Let’s take the government out the equation as they’re broke. Why hasn’t say Elon Musk built a classically solid looking structure? It’s not due to debt or lack of capital. Quite the opposite, he could draw on huge pools of capital. Blaming everything bad on fiat is easy enough but I’ve yet to find the argument compelling. What is stopping any number of ultra wealthy folks building such a structure. It’s not as if building things like this stopped in 1971. The trend was already well set. Skilled labour would be a factor, not too many stone masons about. What am I missing in this theory?
Massive theological/philosophical shifts. Architecture is a good berometer of what a peoples believes to be true of the world. Post 1920s architecture became increasingly statist, anti-theistic, and anti-human. Post-industrialism also saw an increasing loss of craftsmanship and skills over the course of the past 200 years. We simply don't know HOW to make buildings like this anymore. Add a century of fiat and high time preference to that backdrop. There is a slow but present resurgence of excellent architecture, though. New Urbanism and New Traditional Architecture are two movements happening in Europe and America right now. Not the caliber of architecture you picture here, but a welcomed development nonetheless. Check out newtrad.org Here is an example of New Urbanism woodburymoscow.com
Hmm... Good analysis. The men in gray have convinced us to forget art to save time. I've been thinking about this for years now but had no idea about any of this: newtrad.org! Yay! This brightened my day.
Well, broken money, of course. But, also The metric system. Seriously. https://fountain.fm/episode/zYLm28BLz8YHVS2yDeSY
I think about this constantly. One of the greatest signs something is wrong with our culture. We have lost touch with the….nameless thing
ouuuuu I love it!!
High time preference and buzzing notifications
When money constantly loses its value, people just want to get paid and move on to the next project. They are less likely to create beautiful, detailed, long-lasting art and architecture. https://m.primal.net/KlKb.png
there are conspiracy theories https://m.primal.net/KlLC.png
We can’t afford it thanks to abandoning the gold standard.
Developers typically build on borrowed money. Debasement robs savers, but it does so to reward borrowers, who pay off their debts with less value than their original liability was worth. If anything leaving gold should have helped. More likely it's due to excess government spending and central planning distorting the economy with misallocation of resources. Which, in fairness, did also lead to abandoning the gold standard.
When you can no longer sense the cosmic divine, you mimic and recreate the cold and empty spaces that make up the reality to which you have surrendered.
Usary
Collectivism
That would take soul, talent, and money. Everything now is a fucking piece of plastic
