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RE: Critical Analysis of Steem and Why I'm Invested

in #steemit6 years ago (edited)

I agree that only the most ruthless can get more and that is what capitalism is all about […]

I want to refer you back to my reply to your other comment wherein I am trying to make a distinction between the benefits of bottom-up free markets and the undesirable ruthlessness required by a top-down power vacuums. The difference is that a power vacuum means that in order to maintain top-down control, the participants must use that top-down control is ways that are deleterious to the group outcome. IOW the incentives are not aligned between group optimization and organizational control of the system. Precisely in game theory this is known as a Prisoner’s dilemma.

it takes hard work, it takes luck, maybe skills, and some make a lot of money and some are very poor and I believe that is better than socialism

That isn’t top-down ruthlessness. You’re describing the attributes of the beneficial bottom-up free market which produces optimal group outcomes. When the free market fails it is because there’s some top-down power vacuum interfering. But over a long enough time horizon, the free market disintermediates that power vacuum and optimal outcomes ultimately prevail.

The free market is not a Prisoner’s dilemma. The free market anneals (over sufficient time) to maximum entropy (i.e. maximum diversity and uncertainty) per the Second Law of Thermodynamics and thus is not deleterious.

can you start your own social network if you haven't already

I have been working on the design for it for a long time…

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The people that tend to say they dislike top-down power may include Bernie Sanders, Hillary Clinton, Obama, to name a few.

There are Steem Meets. People are growing on Steemit. They begin as small fish. They become bigger fish. They influence people in China even. The opportunities are there. It is better than Facebook in so many ways. I use Steemit as a place to save my stuff because Facebook was deleting my stuff. YouTube removed thousands of my videos. Twitter said I was Russian.

The people that tend to say they dislike top-down power may include Bernie Sanders, Hillary Clinton, Obama, to name a few.

That’s a lie and a deception. Anyone who is for democracy is inherently for big government and for cartels and corruption.

We live in a world with governments. The problem with it is within each person. Within each of us, we can be good or bad. Naturally, we can choose to be bad. I don't like death either but it is what it is. In order to make the world better, we have to take gradual steps towards better ideas, step by step, thing by thing.

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