In the circuit shown the voltage at the non-inverting terminal (Vn) is a unit step (Vin(t)=0 for t<0; Vin(t)=1, for t≥0).
As shown, R1=R2, so the voltage at the inverting terminal (Vp) is Vout/2; i.e., there is a voltage divider between Vout and Vp.
For t<0, Vp=Vn=Vout=0.
Note: in the real world this would not happen because any small disturbance, or noise, in the circuit starts the positive feedback cycle describe below.
Immediateyl after the step input on Vn (red), the output starts to go down (yellow).
This causes the input on Vp (blue) to decrease.
This increases the difference between Vp and Vn (negative feedback)
* To reiterate: the important point is that with positive feedback Vout changes to increase the difference between Vp and Vn
Vout and Vp continue to decrease, but Vout drops more quickly as the difference between Vp and Vn increases.
There is no equilibrium, Vout decreases until it reaches its minimum possible value (-10V in this case).