(FB 1541951913 Timestamp)
THE EXPERIMENT IS OVER AND THE JURY IS IN
The jury is in.
Monarchs produce better commons. the fewer the people in politics the better. The more powerful the law in resisting the king, a government, or each other, and the more powerful the militia in resisting all above, the better.
Liberalism in the sense of rule of law won.
Monarchy in the sense of production of commons won.
Fascism in the sense of state nationalism, ethnocentrism, state capitalism, and intolerance for competition on other than economic means, won.
Why? it’s the optimum decision making structure because it is the optimum means of accommodating differences in knowledge and incentives.