[ExI] Monetary Evolution Now! was REVOLUTION NOW!

Amon Zero amon at doctrinezero.com
Thu Nov 10 10:09:46 UTC 2011


On 10 November 2011 10:03, Giulio Prisco <giulio at gmail.com> wrote:

> Just posted on Amon's blog:
>
> Capitalism can be good:
>
> Smart and hard working baker Joe knows how to make good bread. He
> finds a capitalist partner and opens a bakery. At the beginning he
> works in the bakery himself with his family, then he hires some
> workers. Then he opens a few other bakeries, treats and pays his
> workers well, and continues to make good bread and sell it at
> reasonable prices. Everyone wins, Joe and his family, the workers, the
> investors, and the rest of us who can eat good bread.
>
> And capitalism can be bad:
>
> Finance shark Jim bribes his buddies in government to pass regulations
> that put Joe (and all other small bakers) out of business. Then he
> opens a chain of bakeries that produce tasteless and toxic bread and
> sell it at outrageous prices. Of course, he continues to bribe his
> buddies in government to protect his monopoly. After a few years he is
> a billionaire who scams financial markets to bring entire currencies
> and economies down. He owns banks protected by the government and
> bailed out with citizen’s money when he needs. Every few years he (and
> his buddies in government) engineer a financial crisis to force people
> out of their homes and buy them back cheap. Everybody loses but Jim
> and his buddies.
>
> I suggest that we forget the terms “capitalism” or “anti-capitalism”,
> and just build a system where Joe’s methods work and Jim’s methods
> don’t.
>


My response there (re-posting because it not only includes another lame
joke FTW, but sums up the essence of what I'm getting at):

"Yes, well said Giulio!

Now, we know of several possible solutions to this dilemma already. I
mentioned Socialism, Communism, Fascism, & Technocracy in the original blog
post. Libertarianism wasn't mentioned, but also seems to qualify. I myself
proposed a form of radical democracy (if we want to call it that).

I'm inclined to think that we should set issues of solutions to one side,
just for a moment, and try to identify the meme which these various groups
hold in common: A diagnosis of a problem within society. I would argue that
such problems represent imbalances, but it occurs just now that this sounds
like the Medieval medical theory of "humours" applied to the "body of
society".

So we could call it "Humourism"!   ;-)
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