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RE: Economics, System D, and the Blockchain

in #money8 years ago

Wow. Pretty intense economic stuff. Should this really be in the #introduceyourself category? I am all about fair economics myself. I believe in distributism practiced in the Middle Ages. With the banks in charge and crony capitalism rampant we seem to get stuck with crooks like the Clintons or callous b-stards like Trump.

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Maybe this shouldn't be in #introduceyourself. But it is only my second post on steemit. I suspect there were crooks and b-stards in power all over the place in the Middle Ages, thought their reach was limited by the technology of the day, so it mattered less.

Despite whatever physical limitations they might have had and however blatantly corrupt and ridiculously discredited our (US) political system is now, it was way worse back then. Now we have corporate/power interests using statesmen (Clintons, Bushs, Trumps etc) like invading soldiers which earn their keep by pushing bigotry and corruption down the legislative channels, and down the throats of the people. The establishment media tells us what to do and how to feel about whatever new policy or trade bill (TPP?), determined by the instructions of their corporate backers.
Phew sorry for that - but the connection I wanted to make was that in the Medieval Ages the ruling elite used the church as a mix between law and the media to persuade everyone the royal family had some bs "Divine right to rule". The mini-elite lords and landowners were given a handshake and endorsing smile from the king, their friend, or from another high-status friend and just like how lobbyists magically ensure that favourable bills get passed on the blessing of Mr CEO, the mini-elites suddenly become more valued and autonomous in their society.

At least now, we have the internet and our freedom of speech to complain about it and possibly create change without fear of lashes or an execution for treason.

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