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RE: Fraternity! The Markets Are Not Free!

in #politics6 years ago (edited)

underlying impulse behind socialism is a desire for equality and human rights. In that sense I am a socialist too!

That exactly is the idea of socialism. But it will be never achieved until there are middlemen who will decide on fair distribution of wealth and human rights. Blockchain can do it. You may say then, I’m a voluntaryist too, because I believe in freedom with a little help of technology ;)

And BTW, capitalism does not serve liberty. It’s a matrix propaganda story. Capitalism is an exploitative socio-economic order. Small part of people has freedom at the expense of the vast majority. You see, this kind of order…

https://steemit.com/economy/@lighteye/rich-and-poor-growing-gap

…cannot be sustained without the massive military/police apparatus — that is — a mechanism of oppression. It is not liberty.

I’m very glad that we tried to define what we are talking about @mjhomb. It always brings a constructive discussion :)

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Re the distribution of wealth that is where fraternity comes in. Our economy should flow in a spirit of brotherhood and interdependence.

Capitalism is viewed as freedom misapplied to the economic sphere. Free markets leads to an exploitative social order run by big gorillas, law of the jungle. The economy then starts to dominate political sphere too, like you say, military, police, ever bigger gorillas!

That's the social threefolding take on it that I have been reading about lately.

Thanks and I agree, terms are so important!

Every system dependent on humans is prone to corruption, @mjhomb. Call it whatever you want, it will fail. Blockchain is long awaited fix.

And I have one little reservation to the blockchain, having read the wonderful treasury of wisdom titled: “Murphy’s Law”:

It is impossible to make anything foolproof because fools are so ingenious.

True. Blockchain will be a test of their ingeniosity. 😄