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38 sats \ 4 replies \ @Satosora 31 Jan \ on: Capitalism, Emotions, and Ayn Rand's Contradiction (WSJ, Rainer Zitelmann) BooksAndArticles
I remember when I was reading Atlas Shrugged on a plane, an older gentleman was kind enough to tell me that this is not how the world works.
Bitcoin will change that.
Did he elaborate?
Did he say the world runs on 5 year plans?
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Economic growth depends upon the ability of governments to exert and project power.
In this way they capture and control resources and markets.
It is in this way that powerful empires emerge.
US wealth today is largely based upon its military power and its domination and control of the global banking monetary system and the major global regulatory institutions and protocols- eg SWIFT, IMF, World Bank, BIS.
Without a government in sync with its merchants and exerting its power projection in their favour there has never been a powerful and wealthy empire.
Libertarians ignore this reality.
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I've found a lot of people have an opinion on it who've never read it
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