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RE: Cryptoeconomics: A Brief Discussion
Steemit-Economics: 1) The more steem you have - the more people hope you click them rich. 2) The more people hope you click them rich - the faster you get even richer.
Capitalism in a nutshell. Maybe even a hint of societie's future.
not sure it actually works like that.
Brave New World is an excellent book, but it's hardly a capitalist society. Like 1984, it's a dystopian future based on central planning, which entails communal ownership and the overbearing bureaucracy that entails.
As capitalism in a nutshell is about the private ownership of property and labour, coupled with voluntary association, Steemit is more capitalist than Huxley or Orwell's visions.