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2 sats \ 12 replies \ @OT 8 Nov \ parent \ on: Peter Thiel: Capitalism Isn’t Working for Young People econ
Why are Chinese people still trying to get their capital (and themselves) out of China? Where are they going? The West.
Sure individual freedoms are much greater in the west but in the contest of empires that is less important than overall capacity to project power.
You make the classic westerners error of perception, thinking that individual freedoms are more important and valuable than collective strength.
We forget after our 500 years of global domination that individual 'rights' and freedoms are largely only possible from a position of collective strength.
Suffer 100 years of subjugation and humiliation and you may change your perspective.
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you could always change your handle to doompillsatoshi
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Just being realistic.
Am not here for the Libertarian circle jerking echo chamber - but rather to raise and explore challenging ideas.
If you can't handle it and have to respond by trying to shoot the messenger that's your fear and your problem, not mine.
If you cannot respond to the issues raised am really not interested in inane personal attacks, scapegoating and gaslighting avoidance of the issues.
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Am not here for the Libertarian circle jerking echo chamber
Sorry to inform you, but when you use Bitcoin, that makes you an active participant in THE libertarian circle jerking echo chamber. Unless you plan to donate your BTC to the state, you've tacitly surrendered to libertarian economic philosophy by placing your own wealth outside the reach of collectivism.
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^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Witness above one and all, the 'Libertarian' dictating to others what they must be doing when they adopt Bitcoin.
Anyone else see the gigantic Hypocrisy?
Bitcoin is itself a collective monetary system, as you say outside of the state but nonetheless a collective monetary system, as all monetary systems are.
Long live the collective!
People working together is what makes life worthwhile!
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Yes, because cooperation can exist outside of the state. So what's the point of statism if we can work together without the state?
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There are many cases where state led cooperation is simply essential or at least superior.
Like the supply of rare earths for example.
Like the provision of rule of law and property rights.
Nation states have unique powers and mandates to organise certain things because it advances the interests of their citizens in a way that free markets cannot.
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The state does not care about property rights. The whole use case of a state is to violate property rights.
Nation states have unique powers and mandates to organise certain things because it advances the interests of their citizens in a way that free markets cannot.
The state's definition of the "interests" of citizens is not how citizens would define their own interests. The free market allows them to pursue what they decide is important. The state exists to override public opinion with violence.