We are living in a new Gilded Age-and, like then, the backlash is building
Self-reinforcing collective beliefs drive market behavior, can cause overshoots, and shift power dynamics between dominant firms and ecosystem-based competitors.
The Human Story Behind the 1929 Crash of Wall Street
The 1929 crash, driven by leverage and speculation, caused massive financial losses and lasting generational psychological trauma with parallels to modern tech-driven market risks.