Astral Codex Ten

Great Recession

2 min read

Great Recession

Article

Great Recession is a recurring concept in the Astral Codex Ten archive, appearing 2 times across 2 issues between May 04, 2021 and December 31, 2025. The archive places it in contexts such as “Some progressives formed anti-inequality think tanks after the Great Recession”; “a lot of people thought the Great Recession heralded the end of capitalism”. It most often appears alongside China, Japan, Mexico.

Metadata

  • Category: Concepts
  • Mention count: 2
  • Issue count: 2
  • First seen: May 04, 2021
  • Last seen: December 31, 2025

Appears In

Source Context

Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.

Book Review: A Brief History Of Neoliberalism
May 04, 2021 · Original source
This seems like a kind of conspiratorial take on “businesses did not like anti-business policies, and lobbied to change them”. Also, I wonder if any movement could survive this level of critique. Some progressives formed anti-inequality think tanks after the Great Recession? Guess progressivism is a sham astroturf movement that merely used the Great Recession as an excuse to push their class war agenda!
Highlights From The Comments On Vibecession
December 31, 2025 · Original source
In 2008, a lot of people thought the Great Recession heralded the end of capitalism - either to be replaced with something better, or at least to degenerate into some obviously feudal dystopia that would end the charade and get everyone to finally agree that the system was rotten.
But actually, capitalism shrugged off the Great Recession just fine, and continued exactly as before. That must have been a bitter pill to a lot of budding socialists. I wonder if something about the situation broke people’s brains.