2024, A Year of No Significance
Looking back, 2024 may well be viewed as insignificant compared to what lies ahead.
That 2024 could be a year of no significance does not compute given that what’s being touted as the most important election in American history is 2024’s landmark event, but in the focus of the longer lens of history, it may not matter as much as we expect.
If the election wasn’t enough, the all-time stock market highs are the cherries on top.
The issue here isn’t the people or the politics or the policies; it’s the system itself reaching its limits, having exhausted all potential for the scale of change needed to stave off collapse. To better understand this historical context, we turn to Ray Huang’s meticulous study of Chinese history, 1587, A Year of No Significance: The Ming Dynasty in Decline:
“The year 1587 may seem to be insignificant; nevertheless, it is evident by that time the limit for the Ming dynasty had already been reached. It no longer mattered whether the ruler was conscientious or irresponsible, whether his chief counselor was enterprising or conformist, whether the generals were resourceful or incompetent, whether the civil officials were honest or corrupt, or whether the leading thinkers were radicals or conservatives–i
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.