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Farewell to Modernism

On Human Devolution in the Twenty-First Century


Rajani Kanth

Farewell to Modernism: On Human Devolution in the Twenty-First Century is an original, pathbreaking, revolutionary, and totalizing critique of received Modernist ideas, including Modernist Utopianism. In that vein, it unseats virtually every dearly held myth of EuroModernist discourse. It offers a new episteme based on our true ontic nature – our anthropic species-being – as an offset and correction to all brands of EuroModernist idylls, be they of Left or Right, that have repeatedly brought the world to the brink of annihilation. In sum, this book argues that neither philosophy nor social science are tenable without a true, realist anthropology of the human species that sets limits to both political idealism and social engineering.
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9 The Bail-In


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The Bail-In

So you’ve barely finished congratulating yourself, for surviving the Crash of 2008. Alas, that’s no cause for euphoria. Yes, it’s our big, bold, Banks, again. Here’s the story. They have your deposits, on their books, of about 1+ Tril. Their outstanding derivative bets likely exceed 500+Tril (leveraged at about 60 to 1). Globally, 1.2+ Quadrillion of such bets abound, whereas the combined value of All global financial assets: stocks, bonds, and deposits stand at 167+ Tril (and recall World GDP is only about 70+ Tril).

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