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Notes -
No, I don't think institutions are "perfectly stable" — practically the opposite — but that they are indeed "practically invincible" against takeover by human forces. There aren't "literally 0 remaining possibilities," there's one and only one inevitable possibility — that they eventually collapse utterly. But there's a lot of ruin in a nation, the market can remain irrational…, et cetera, et cetera, so I expect them to keep the plates spinning for at least a generation or two. It's why many of the people in circles on the right I interact with have given up on any politics other than "Benedict Option" style 'have a bunch of kids and pass on as much of our values and knowledge to them as we can, in hopes that they'll do the same, and their kids the same, until, eventually after the collapse has finished and the depths of the new dark age are here, our descendants are better prepared for the task of rebuilding.
Except that I expect the regime to increasingly resemble a star entering it's red giant days, expanding and engulfing more and more around it as it dies, consuming more and more civilizational "seed corn" to prop itself up. Thus, when it goes, even if our species manages to survive the resulting conflicts at all, I expect the collapse to do so much damage to civilizational infrastructure both tangible and intangible, to knock the planet so far back that, due to the Industrial Revolution being a once-per-planet event (due to depletion of the non-renewable "low-hanging fruit" resources accessible at positive EROI with 1500s technology), we will simply never recover. That, as someone on a podcast recently put it, the machines in The Matrix were right that the late 90's were the absolute peak of human civilization — and that we have no hope whatsoever of attaining such heights ever again. That there's nothing in the future to look forward to, only irreversible decline into a Dark Age that only ends with humanity's eventual extinction.
(Of course, I've encountered some people on the far-right who think this is a great outcome, because 1500s technology and economies cannot support much Progressivism, and therefore giving up for all time things like electricity, running water, medicine that works, having less than 90% of your population engaged in back-breaking farm labor, etc. is a small price to pay to "own the libs" forever, but I don't agree with them.)
Toby Ord takes an axe to this argument in The Precipice; I'll summarise with some of my own points as well.
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