Could the end of Western fiscal life be down to pioneers who take risks being replaced by settlers who don't ("Is it safe?" Marathon Man).
Is financial evolution reflected in refinement of risk taking, from crude, generalized chance taking at the start of some business venture, to one where only minor risk taking, takes over (The odds are always in favour of the house or in this case, bank / lender).
I remember in The UK Freddie Laker setting up a cheap airline company that British Airways, who had the monopoly in the industry, finally broke and removed as a threat but this opened the gateway to Ryan Air, Easy Jet and Virgin Atlantic to come in and do the same. This is my best example of this kind of pioneering and how it is taken down by the bigger companies, who want a big profit and why The UK has a monopolies commission, to allow the growth of small businesses. America used to be more free in this respect but I suspect that China is now taking over the market as it has less restrictions and more room for development (Cheaper market as low labour costs - no union hold / safety standards for its workers). It happened to Rome and other empires, and I see it happening here - crushing restrictions stopping growth as a natural result of economic and social development.
In my own life I have ideas that have never got off the ground for this reason and I dare say others will have their own experiences of this problem.