Pre-modern: history will repeat itself
Modernity - future will be different than the past
Post-modernity – there will be many versions of the truth and multiple conflicting “authorities”
Second modernity (Gross) - the future is uncertain and it will be different in ways we can’t even predict
Retro-modernity – only versions of the future that contain recognizable components of the present are feasible
Turnover time of physical assets
People are able to embrace the familiar