The Economy of Losses: How Corruption Learned to Deceive Reality

The economy of losses is not a mistake.
It’s not a disease.
It’s a system.

Its core principle is brutally simple:
the worse the result, the greater the profit.

In this system, failure is not a disgrace — it’s a strategy.
Bankruptcy is not defeat — it’s financial success.
The deeper the hole, the easier it is to bury billions of taxpayer money into it.

How to Steal from a Deficit

Where there are still dreams of profit, labor is required. Risk. Responsibility.
Where losses reign, there are no risks at all.
There are only guarantees: funding, subsidies, bailouts, debt write-offs.

Corrupt actors quickly grasped this magic: why invent, produce, and sell when you can simply manufacture losses — and demand endless funds to "fix" them?

Success is hard to fake. Success is audited.
Failure? Failure demands urgent rescue.
Failure opens the floodgates of emergency funding.

It’s not an art to build a working factory.
The real art is to build a factory that never functions — but continues to receive “rescue” money year after year.

The State as a Factory of Catastrophes

The modern state no longer builds reality. It manufactures simulations.
It simulates battles with crises it created itself.
It launches reforms that will demand even more reforms in a year.
It initiates projects that are forever "in development."

Every failure does not destroy corruption — it nourishes it.
Every deficit is a new feeding trough.
Every disaster is a new funding program.
Every crisis is an excuse for yet another financial injection.

The treasury has long ceased to be a development fund.
It has become a venture capitalist investing in failure.

The Inverted Ethics of Failure

In the economy of losses, the honest entrepreneur is the system’s enemy.
He produces real value. He shatters the narrative of eternal helplessness.
He demonstrates that results are possible — and thus threatens everyone who lives by orchestrating infinite failure.

In this new morality, victory is dangerous.
True heroes are those who convincingly explain why they failed, and why they urgently need another few billion to "succeed next time."

The State Machine of Parasitism

Today, every new bailout feeds the endless cycle of self-cannibalization:

• rescuing sunken banks;

• recapitalizing dead enterprises;

• supporting reforms that produce new disasters;

• subsidizing the clean-up of previous subsidy failures.

No one is incentivized to solve problems.
Everyone is incentivized to perpetuate them indefinitely.

The worse the situation, the louder the cries:
"We cannot let this collapse!"
"We must support this strategic project!"

Failure has become the nation’s primary export product.
It is sold at press conferences.
It is glorified on television.
It is institutionalized through ministries, committees, and "task forces."

Each crisis spawns jobs for unemployed bureaucrats, fresh budgets for new "solutions," and even bigger opportunities for skimming public funds.

The Symphony of Loss

The economy of losses is not a glitch in the system.
It is the system.

Here, failure is not an accident.
Failure is the result.

Here, the state no longer fights for success.
The state fights for the perpetual right to devour public money without producing anything except documents explaining why success was "impossible this time."

And most importantly:
no one here intends to fix anything.
Because anyone who fixes the failure destroys the most profitable business model of our age.

🔔 Conclusion:

In the economy of losses, the only profitable industry is failure itself.
The only valuable skill is the ability to elegantly justify catastrophe.
And the only eternal government program is the endless battle for the right to continue losing.

Welcome to the eternal carnival of losses.
Your ticket has long been paid for — with your taxes.