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RE: The Moment Steemit Abandons Sound Economic Principle, Steemit is Dead: Observations of a Grumpy Anarcho-Capitalist.
My worry with all capitalistic structures is the lopsided power which is eventually created through the concentration and hoarding of wealth. Without the voluntarism from those with controlling interest, the system will devolve. So just as the new, the powerless, and the poor shouldn’t raise pitchforks against the powerful whales and demand “free money,” the powerful should have a vested interest in helping the minnows succeed and keep the structure growing, flowing, and thriving. Whenever either side reacts with ill intention to hoard or steal, the structure is put into jeopardy.
Stealing is always wrong. Even if it is labeled as being for “the greater good.” The imbalance and suffering seen in the world today as far as money is concerned is largely the result of state interference. There will always be bad actors. This is a fact of life. What is absurd is opening seats of vast power to bad actors created by artificial, violence-backed monopolies.
You raise a good point, though. It is ultimately a philosophical revolution that is required. I in no way support the crony capitalism of statism. Only the right of each individual to nature-conferred self-ownership and legitimately acquired property. In a word: non-aggression. Beyond non-aggression nobody owes anyone anything.
I agree that nobody owes anyone anything by nature or default. But I think that can be a vast oversimplification when dealing with complex systems and all the mutual dependencies the individual actors in those systems possess. As long as we are acting in a system, one persons actions affects the other in a positive or negative way. Hoarding can be just as damaging to a system as stealing. I like to follow the simple adage “give honor where honor is due.”
I think the Steemit community is so great because this is the general attitude. Helping great content creators move up, regardless of their rep or steem power. As the platform grows, I think the bigger risk is the over commercilization and centralization of power, than the minnows demanding free steem power. As I look at the trending page, that seems to be the case somewhat already.
Stealing is always wrong. The system is what is causing these “complexities,” thus the system is what needs to be looked at, in my opinion. And not people and their legitimate property.
I agree with you about Steemit. Once mainstream adoption an commercialization hits, it will lose a lot of the freedom which draws people to it.