[hoops8]

“Things like limited liability and corporate personhood not only allow for incredible economic growth through financial innovation…”

“Nonsense layered on nonsense layered on nonsense enables people to trade goods and services!”

Because we did not have those natural abilities before these laws.

The past literally happened. But similar to how America decided they were not British anymore, there’s little natural reason to LARP 1900’s capitalists except to kowtow to politically approved assessment of our agency.

Maybe it made sense when the average person could not read or write, but we’re a bit beyond that point.

[annowiki]

> “Nonsense layered on nonsense layered on nonsense enables people to trade goods and services!”

We traded before the invention of currency, too, but not very much because it wasn't very efficient.

We started companies before the invention of financing, too, but not as many because it was hard to fund a company unless you were rich.

So no, fictitious legal frameworks for economics are not nonsense, they are innovations, and allow for more economic growth and prosperity. They are "financial technology" in a very real sense.

[hoops8]

As I said, they made sense in the past. We’ve also moved on from social constructs before. Our biology pushes us to forget the past innately; we need to update our cognitive software.

Economics is a meta-analysis of natural human behavior. It’ll be true that we behave that way without the analysis. The value in that analysis is for behavioral management, not people.

We need not empower “economists” politically, or enable protectionism as a result of their insights, which enriches a minority unfairly, and provides them means of to participate in political corruption (see Yellen getting money from banks and being all anti crypto).

We absolutely have no natural or legal obligation to capitalism, as we’re actually a socialist system, where negotiations make the decisions; it’s just they’re gated and flow to industrialists.

We moved on from rotary phones and horse n buggy as science and technical discovery enabled it. We can certainly move on from favoring ephemeral currency being our economic motivator.

This forum is all “disrupt!” and I keep seeing the same few coming out on top. Keep disrupting.