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by lanevorockz 1624 days ago
Cronyism is indeed the disease and there is a solution on automation and transparency. Big Government is not the solutions and it will only make all the problems worse. I really don't understand why so many smart people think that solution for the whole world is to sit down and vote money into existence.

I will never work because it just can't work, everyone is different and has different priorities. A better world can only be built from the bottom up, just look at craft beer and how independent people were able to retake one of the most monopolistic industries in the world.

2 comments

How exactly would automation assist in making an economic system more democratic and beneficial to the general population? Greater automation would simply push people further away from any wealth generated, creating more powerful cronies, and continuing the trend of low paid, low quality, serf like jobs in the service industry.
That is a problem that needs cracking but you are starting to see the solution emerging on the crypto and DeFi work.
What solution?

The DeFi space is a lot worse than the traditional economy by just about any measure right now: inequality, theft, fraud, instability, market manipulation, etc are all way worse.

Have you considered the possibility that those “so many smart people” understand these things better than you? Have you considered the possibility that the craft beer industry can’t work or isn’t feasible to occur in other sectors?