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There's also fatal flaws at the heart of capitalism and a centrally controlled currency whose value is manipulated at will completely outside a citizen's power
by emptysongglass 5y ago
There's also fatal flaws at the heart of capitalism and a centrally controlled currency whose value is manipulated at will completely outside a citizen's power to control.
These fatal flaws have not prevented capitalism from blooming all over the world.
Lest you think I'm some species of these crypto libertarians, I believe it's an imperfect solution to hand humans more greed levers to go about life dictating their actions by perverse incentives.
The solution for me looks more like a free net whose power is contributed by a mass group of volunteers. But who then will run the datacenters? With what materials will they build them and who will freely give it to them?
Capitalism needs to be ripped up from its roots before we can have a hope of a free in all senses world for all. Until then, maybe we first take control of the machinery by replacing the currency with which the state does its business of violence.
- lapinot 5y ago> Capitalism needs to be ripped up from its roots before we can have a hope of a free in all senses world for all. Until then, maybe we first take control of the machinery by replacing the currency with which the state does its business of violence. I agreed up until your last sentence: is the state the bigger problem (versus multi-billion corps and capitalists)? is currency the main lever of states (versus diplomacy, infrastructures, military, etc)?
- nathias 5y agoLet's just say that the geostrategically important states that tried to move away from the dollar got freedomed very quick.