Once upon a time, the economy:
"In every crisis, the people pay the price while the system restarts to continue feeding the same old beneficiaries."
The concept of 'theft' that is implicit in capital itself, which, when concentrated in few hands, becomes an unequal structure that perpetuates a cycle of oppression, even though it is disguised as 'progress.' The economy, as we know it, is built on the idea of accumulation and exchange of value, but that accumulation often comes at the expense of the majority, especially when we talk about economic crises.
In times of crisis, although the elites and banks may experience some temporary losses, it is the citizens who truly bear the weight. The people are the ones who see their money lose value, how jobs become precarious, how public services are cut, and, above all, how their quality of life deteriorates while the major economic players continue to be the main beneficiaries. The rich, in general, have protection mechanisms to save themselves, whether through the diversification of their investments or their power to influence political decisions that allow them to maintain their status.
It is as if we are trapped in a game where the rules are made to favor a few, and the rest, the citizens, are mere pawns on a chessboard that we do not control. Most of the time, crises are not accidents, but strategic moments to restart the system, to 'cleanse' the mistakes made by the system itself and, at the same time, increase control over the masses. And the cruelest paradox is that, in this restart, the people pay the price while the powerful have the opportunity to accumulate even more wealth.
I want us to think about who the real villain in all this is. It is not just the central bank, nor the large corporations, nor the politicians who implement policies that favor these actors. The real villain is the system itself, a system that is designed to concentrate power and wealth in few hands, regardless of the human cost that entails. The banking system, in its most abstract form, is just a mechanism within a much larger structure of control and inequality. At the end of the day, capital itself is a form of 'institutionalized theft,' in which the value generated by people accumulates in the pockets of a few, while the masses remain trapped in a wheel that does not seem to stop.
Capitalism, in its rawest form, is based on exploitation. And the crisis is just a reminder that, although they sell us the idea that we all lose a little, those who really come out worse are the most vulnerable. Citizens are the ones who suffer devaluation, unemployment, hunger, and poverty. The rich may lose money, but they always have ways to recover. They are not only the direct beneficiaries of the system but also those who have the power to create crises and then profit from them.
So, although on the surface it may seem that crises are a kind of 'adjustment' for the big players, what really happens is that the rules of the game are reconfigured, but ordinary people continue to be the ones who truly pay the price. And that is the cycle that keeps us trapped: crises are not moments for the system to change, but rather for it to strengthen, leaving the people in the same place, only with more uncertainty and hopelessness.
The real villain is not just a person or an entity, but the system itself that has created this false sense of equity while continuing to exploit the same old beneficiaries. And, sadly, it seems that history repeats itself over and over again.
Crypto Madam ✨