jimbocoin on Nostr: That is an accurate description of the status quo, often called “crony ...
That is an accurate description of the status quo, often called “crony capitalism”.
It’s a real shame that the accumulation of property (capitalism) is so often mixed up with the inexcusable act of taking property from its rightful owner by threat of force (the State).
The heart of the trouble is the fiat monetary system, which allows some to print money that everyone else has to work for. Those at the helm of the money printer bite and scratch, blackmail and extort to keep their favored positions.
Once we separate money and State, the ability to coerce will evaporate, leaving peaceful, cooperating people to flourish.
Published at
2023-09-01 15:08:51Event JSON
{
"id": "4b3b2b0efbf94f9ff4dcdb7006308e035b1a34fe93415658abe25cd10df9b28d",
"pubkey": "6140478c9ae12f1d0b540e7c57806649327a91b040b07f7ba3dedc357cab0da5",
"created_at": 1693580931,
"kind": 1,
"tags": [
[
"e",
"bd570f9b0866a83d01a96e7bc522907182ab33fc87981d45c5fec8441dd98999",
""
],
[
"e",
"a55bb63f68482cf97bc4c659e558ebb329fe2507e3e49a23a9e0603a66ec179d"
],
[
"p",
"2f3391fe9799eaa8f59401cc059b447f4922da54d3723a77944f30be809acd4d"
]
],
"content": "That is an accurate description of the status quo, often called “crony capitalism”.\n\nIt’s a real shame that the accumulation of property (capitalism) is so often mixed up with the inexcusable act of taking property from its rightful owner by threat of force (the State).\n\nThe heart of the trouble is the fiat monetary system, which allows some to print money that everyone else has to work for. Those at the helm of the money printer bite and scratch, blackmail and extort to keep their favored positions.\n\nOnce we separate money and State, the ability to coerce will evaporate, leaving peaceful, cooperating people to flourish.",
"sig": "6e6cd196e3e0e330ff0b0bf02c06c40ef1d5ffbe4b45b6d3f3bd6cbb90cdaa06462141a38d5d8f6d7848e12436803f65982485eb1c917a67542a73959f9deee4"
}