Threading this a little further, similar to how artificial controls create the boom/bust market cycle, similar artificial controls (think government/religion) create the cycle you describe, I think.

If we are always thinking critically about our actions, and teaching future generations to do the same, extending time horizons, etc., then that boom/bust cycle could be muted or prevented, provided external controls on thought are minimal.

Just my thoughts. I think your cycle doesn't have to be a given.

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Thanks for sharing! Thats a refreshing new perspective for me. I'll go ahead and put my black pill away.