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Neoliberalism overwhelmingly rewards self interested behaviour, explicitly at the expense of cooperative and altruistic counterparts, which iteratively nurtures
by 1ncorrect 4y ago
Neoliberalism overwhelmingly rewards self interested behaviour, explicitly at the expense of cooperative and altruistic counterparts, which iteratively nurtures disproportionate sociopathic tendencies in those who thrive in the system. It’s often posited that the solution is to replace it wholesale with something else entirely, but I’ve argued for some time that it’s best to be subjected to a counterbalance in the form of a competing system that rewards cooperation and altruism at least equally.
My thesis is neoliberalism, in the way it rewards self interested behaviour closely aligns with valuing optimisation, which in turn requires quantifiable resources with which to precisely measure performance, namely those intrinsically finite. Long story short, this boils down to basically energy and time, a lay explanation I’ve used is anything that intersects with E=mc^2.
An example of a resource that’s abundant, or at least not intrinsically finite, is information. The way this is currently incorporated into our value systems is through artificial scarcity constructs, namely copyright and patents. These mechanisms incentivise locking them up as tightly as possible, manifesting as greater sociopathy.
An alternate would directly value the breadth and depth of an idea’s use, the scarce component being the links between the ideas, and amplify the incentive for the idea to be used and made as widely available as possible, rewarding collaboration and altruism. I see it as basically Page Rank applied to the current scope of copyright and patents. Funding for payments would be an additional or modified source currently used by entities who hold sovereignty over their currency, and I’d argue would require much less abstraction from the realised value than existing debt and interest mechanisms.