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In exchange the United States act like the world's rent-a-cop, keeping shipping lanes open and getting rid of those who stand in the way of global commerce (som

In exchange the United States act like the world's rent-a-cop, keeping shipping lanes open and getting rid of those who stand in the way of global commerce (sometimes violently). Inflation on the reserve currency is more or less a tax in exchange for these services. Who benefits the most? Pretty sure the answer isn't the common people of (insert any country name here, including the United States).

bergstromm466 6y ago
> In exchange the United States act like the world's rent-a-cop, keeping shipping lanes open and getting rid of those who stand in the way of global commerce (sometimes violently) "sometimes violently" is a bit of an understatement. With the use of our current system we are literally making the world uninhabitable for human existence. We are systemically destroying mother earth's carrying capacity through ecological destruction, not to mention the misery caused by Magical Voluntarism and labour rights abuses the world over. I'm still finding ways to describe the issues with our economic system and it's apparatus, and the meaningful changes proposed by one of the projects I follow, in a way that acknowledges that in a way we are all victims to this current system (including neo-Imperialist USA), as today's money does not respect the law of requisite variety [1]. My above critique might sound anti-American, but America (together with other formal colonial powers in the Global North) is just the most powerful player in a game with outdated, harmful and inadequate economic models and governance systems. It's a painful era where we are using inadequate wealth acknowledgement systems, where the old Platform Capitalism paradigm is breaking down and showing it's flaws, and where the potentiality for Protocol Cooperativism is starting to emerge. Money is an information technology created by humans, operating a set of protocols. Tomorrow's world is governed by the practice of Commons-based peer production that is not subject to the contrived scarcity of today's value regime and system, where a neoliberal Intellectual Property system blocks innovation and monopolizes knowledge and information [2]. [1] http://eric.harris-braun.com/blog/2007/05/14/id-53 http://eric.harris-braun.com/blog/2007/05/14/id-53, especially: "When I’m talking with free-market business people my elevator pitch [for community currencies supported by the MetaCurrency Project's Holochain pattern] is about allowing the power of competition and the marketplace to work on the currency system itself. [...] When I’m talking with engineers and information-theory folks my elevator pitch is about Ashby’s Law of Requisite Variety and questions of the insufficient information carrying capacity of the monetary system to handle the control problems posed by the modern economy. When I’m talking with computer geeks my elevator pitch is about cc as a peer-to-peer distributed information system and about “pushing the intelligence to the edges” as in Reed’s Law." [2] https://c4ss.org/content/52947 https://c4ss.org/content/52947 and https://www.resilience.org/stories/2017-08-03/book-day-corruption-capitalism-guy-standing/ https://www.resilience.org/stories/2017-08-03/book-day-corru...
true_religion 6y ago
I have a really hard time naming any law that benefited the common people the most. Usually a good law will end up expanding the number of people who are elite, but still give marginal benefit to the commoner. For example, statutory jurisprudence as opposed to rule by nobility, let people who were only good at trading become part of the elite. Previously you had to also have a private army, in order to be elite.
- pm90 6y ago
  Labor laws greatly expanded protections for the commoners, as did Social Security and other welfare programs.
  - bergstromm466 6y ago
    > commoners When you use the word 'commoners', is this akin to the word consumers, in contrast to producers - who make and invent the things commoners/consumers buy and use? I'm asking because this definition comes up from Wikipedia: "Commoner: The common people, also known as the common man, commoners, or the masses, are the ordinary people in a community or nation who lack any significant social status, especially those who are members of neither royalty, nobility, the clergy, nor any member of the aristocracy." > Labor laws greatly expanded protections for the commoners, as did Social Security and other welfare programs. Many argue those post-war gains are being wiped out [1] [1] https://www.weforum.org/agenda/2016/11/precariat-global-class-rise-of-populism/ https://www.weforum.org/agenda/2016/11/precariat-global-clas... or video: https://www.youtube.com/watch?v=nnYhZCUYOxs https://www.youtube.com/watch?v=nnYhZCUYOxs

bergstromm466 6y ago

> In exchange the United States act like the world's rent-a-cop, keeping shipping lanes open and getting rid of those who stand in the way of global commerce (sometimes violently) "sometimes violently" is a bit of an understatement. With the use of our current system we are literally making the world uninhabitable for human existence. We are systemically destroying mother earth's carrying capacity through ecological destruction, not to mention the misery caused by Magical Voluntarism and labour rights abuses the world over. I'm still finding ways to describe the issues with our economic system and it's apparatus, and the meaningful changes proposed by one of the projects I follow, in a way that acknowledges that in a way we are all victims to this current system (including neo-Imperialist USA), as today's money does not respect the law of requisite variety [1]. My above critique might sound anti-American, but America (together with other formal colonial powers in the Global North) is just the most powerful player in a game with outdated, harmful and inadequate economic models and governance systems. It's a painful era where we are using inadequate wealth acknowledgement systems, where the old Platform Capitalism paradigm is breaking down and showing it's flaws, and where the potentiality for Protocol Cooperativism is starting to emerge. Money is an information technology created by humans, operating a set of protocols. Tomorrow's world is governed by the practice of Commons-based peer production that is not subject to the contrived scarcity of today's value regime and system, where a neoliberal Intellectual Property system blocks innovation and monopolizes knowledge and information [2]. [1] http://eric.harris-braun.com/blog/2007/05/14/id-53 http://eric.harris-braun.com/blog/2007/05/14/id-53, especially: "When I’m talking with free-market business people my elevator pitch [for community currencies supported by the MetaCurrency Project's Holochain pattern] is about allowing the power of competition and the marketplace to work on the currency system itself. [...] When I’m talking with engineers and information-theory folks my elevator pitch is about Ashby’s Law of Requisite Variety and questions of the insufficient information carrying capacity of the monetary system to handle the control problems posed by the modern economy. When I’m talking with computer geeks my elevator pitch is about cc as a peer-to-peer distributed information system and about “pushing the intelligence to the edges” as in Reed’s Law." [2] https://c4ss.org/content/52947 https://c4ss.org/content/52947 and https://www.resilience.org/stories/2017-08-03/book-day-corruption-capitalism-guy-standing/ https://www.resilience.org/stories/2017-08-03/book-day-corru...

true_religion 6y ago

I have a really hard time naming any law that benefited the common people the most. Usually a good law will end up expanding the number of people who are elite, but still give marginal benefit to the commoner. For example, statutory jurisprudence as opposed to rule by nobility, let people who were only good at trading become part of the elite. Previously you had to also have a private army, in order to be elite.

pm90 6y ago
Labor laws greatly expanded protections for the commoners, as did Social Security and other welfare programs.
- bergstromm466 6y ago
  > commoners When you use the word 'commoners', is this akin to the word consumers, in contrast to producers - who make and invent the things commoners/consumers buy and use? I'm asking because this definition comes up from Wikipedia: "Commoner: The common people, also known as the common man, commoners, or the masses, are the ordinary people in a community or nation who lack any significant social status, especially those who are members of neither royalty, nobility, the clergy, nor any member of the aristocracy." > Labor laws greatly expanded protections for the commoners, as did Social Security and other welfare programs. Many argue those post-war gains are being wiped out [1] [1] https://www.weforum.org/agenda/2016/11/precariat-global-class-rise-of-populism/ https://www.weforum.org/agenda/2016/11/precariat-global-clas... or video: https://www.youtube.com/watch?v=nnYhZCUYOxs https://www.youtube.com/watch?v=nnYhZCUYOxs