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RE: Socialism v Capitalism – isn’t it about time we changed the record?
A very interesting post; can you explain to me how all of the innovation the world has enjoyed which progressively increased the standard of living for everyone has been bad? How much of that innovation happened under authoritarian socialist societies? Nations that encouraged individual creativity, and industry have flourished creating great societies. When group think has been encouraged the world has witnessed the worst forms of oppression. We should encourage those who are disadvantaged to invest in their human capital and increase their self worth instead of working towards dragging all of society to the same miserable place.
Hmmmm not sure how to unpack your questions. I'm not advocating for a socialist society. In fact, I'm pro free market. What I am more excited is the elimination of bureaucrats from both the public and private sphere. Those two groups have led us to have capitalism and socialism run a muck. What I want is a system that we can TRUST and that doesn't get corrupted by semi erudite bureaucrats
Apologies for hitting the wrong reply button I was directing my comments against gansta. However I agree wih you except for the fact I don't believe auotmation will fix the bureaucratic problems. Nor do I think we can build a system we can trust. Nor do I want to trust bureaucrats or machines. I do agree the machine running a smart contract is more trust worthy.