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RE: How Steemit Turned Me Away from Libertarianism and Freedom/Free Market Principles
I agree with kafka, i think it is a really messed up business model.
If i understand the revenue side of it, it isn't so much about subjective value exchange as it is about investment and generating traffic.
There are several social constructs that lead me to believe it is more a social system than a free market system.
(Incentives are screwed up)
I hear you. But the market is just a group of people. So social systems dictate the markets.
I do my best to avoid the assumption that markets should be dictated by social systems.
What that leads to is problems in social objectivity. There really are no solutions to problems in social objectivity, at least none that i have found.
I can’t really argue that. I haven’t found a solution myself.