Capitalism is a vibes-based system. Sure, we all know about Keynes's "Animal Spirits" that see "bulls" and "bears" vying to set the market's future, but beyond that, there's just a hell of a lot of narrative.
--
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
