Great Houses
This episode explores trust through the lens of two Substack articles: one critiquing African funeral traditions for keeping people poor, and another on how to become trustworthy. Gregory Treat uses cryptocurrency concepts — proof of work and token burning — as an extended metaphor to argue that what looks like "wasted" wealth in kinship rituals is actually a conversion into social currency on a different ledger. Central to the discussion is the distinction between traders' games (short-term, transactional, frictionless) and farmers' games (long-term, consistent, relationship-based). Gregory argues that modern financialism has tried to convert everything into traders' games, but many of life's most important things — parenting, marriage, elder care, community — only work as farmers' games, sustained by multi-generational family structures.
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