The First Shall Be Last

How is it that the first will be last and the last shall be first? 
Is it a universal principle? 
And to what does it apply? 
I think I see an application in the stories that we tell. 
If you'd like to hear me think outloud about it for five minutes go here:
https://youtu.be/5oIdaZUa5Ac
Or listen to The Trackless Path Podcast