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Capitalism is great and all. But capitalism's natural base, propertied high-caste men, make up only up only 30% of the electorate in the U.S. (and that percenta
by devalier 11y ago
Capitalism is great and all. But capitalism's natural base, propertied high-caste men, make up only up only 30% of the electorate in the U.S. (and that percentage is falling). So how can democracy protect capitalism? Power is real, and power abhors a vacuum. Either you have it or someone else does. The hard problem is how to get a power structure that preserves liberty and free markets. I've never seen a good Randian or libertarian solution to this problem. I don't agree with Moldbug's solution, but at least he shocked me out of believing that democracy was the answer, and got me thinking about a lot of alternative possibilities.
I also think that American's get in a trap where we think that tyranny==dictatorship. The left is power hungry and totalitarian. But it has no desire for a dictatorship. The tyranny is the distributed tyranny, peer-to-peer tyranny, of a thousand different bureaucracies, SJW's, judges, civil service agencies, etc, all with their petty fiefdoms creating problems.