Category: Economics, Finance, and Political Economy

  • The Limits of Markets: Kin.

    Markets either facilitate our families, tribes, and nations, or they prey upon our families tribes and nations. Markets and the consumption they provide us, do not create limitless goods. At some point we are no longer advancing our kin, but instead, preventing a future for them. There is no incentive for good families to cooperate and refrain from parasitism if they sacrifice their lineage for others. Either cooperation is mutually beneficial and mutually non-sacrificial, or it is just theft by other means.

  • Markets Preserve Asymmetry of Merit, and Remove Asymmetries of Non.

    Markets are simply the only means of preserving asymmetry and removing asymmetry of power and information. Courts are the only means of preserving asymmetry of warranty of performance. I don’t think markets are subordinate to hierarchy in any sense other than I think that they themselves prohibit hierarchy by permitting the meritocratic rise and fall of the classes by means of DEMONSTRATED ACTIONS. I don’t think a market for commons divided by the classes of production is a hierarchy, it is just a means of recognizing the forms of production that the meritocratic families have managed to produce and hold onto: families, business, enterprises, territories, and monarchy. The fact that there is greater SCALE OF MERIT in each class is simply a fact of the market operating to ensure that we demonstrate the greatest rotation and maintain the families businesses, enterprises, and institutions, with the greatest merit.

  • Markets Preserve Asymmetry of Merit, and Remove Asymmetries of Non.

    Markets are simply the only means of preserving asymmetry and removing asymmetry of power and information. Courts are the only means of preserving asymmetry of warranty of performance. I don’t think markets are subordinate to hierarchy in any sense other than I think that they themselves prohibit hierarchy by permitting the meritocratic rise and fall of the classes by means of DEMONSTRATED ACTIONS. I don’t think a market for commons divided by the classes of production is a hierarchy, it is just a means of recognizing the forms of production that the meritocratic families have managed to produce and hold onto: families, business, enterprises, territories, and monarchy. The fact that there is greater SCALE OF MERIT in each class is simply a fact of the market operating to ensure that we demonstrate the greatest rotation and maintain the families businesses, enterprises, and institutions, with the greatest merit.

  • The Evolution of Slaveries

    THE EVOLUTION OF SLAVERY Slavery exists wherever exit, and return to subsistence, is practically impossible. Slavery: violence slave Serfdom: land slave Employee: wage slave Consumer: credit slave Citizen: tax slave The only freedom is food, water, and shelter, self-sufficiency, with participation in the market purely voluntary. And only commissions on transactions payment for the commons. Yet all of us must be paid for policing of the commons if we police it – dividends. With self-sufficiency and payment for commons we gain liberty. All else is slavery. Roughly speaking each person could take 10k in dividends at present. Between self-sufficiency and 10k in dividends on our continuous investment in the commons, we would possess liberty. Otherwise we’re just farmed.

  • The Evolution of Slaveries

    THE EVOLUTION OF SLAVERY Slavery exists wherever exit, and return to subsistence, is practically impossible. Slavery: violence slave Serfdom: land slave Employee: wage slave Consumer: credit slave Citizen: tax slave The only freedom is food, water, and shelter, self-sufficiency, with participation in the market purely voluntary. And only commissions on transactions payment for the commons. Yet all of us must be paid for policing of the commons if we police it – dividends. With self-sufficiency and payment for commons we gain liberty. All else is slavery. Roughly speaking each person could take 10k in dividends at present. Between self-sufficiency and 10k in dividends on our continuous investment in the commons, we would possess liberty. Otherwise we’re just farmed.

  • Nature cannot conduct ‘accounting’, only immediate exchanges. We have memories.

    Nature cannot conduct ‘accounting’, only immediate exchanges. We have memories. We can conduct debt and credit exchanges.


    Source date (UTC): 2016-11-25 10:15:00 UTC

  • In The End, It’s Pretty Simple

    MORITZ BIERLING NAILS IT: —“It’s rather simple really. Once you see costs beyond prices, and returns beyond profit, what we previously thought to be simply parasitic extraction is revealed as payment for participation in the market created by the aristocracy and maintained by the militia. It’s all about the accounting.”— Moritz Bierling

  • In The End, It’s Pretty Simple

    MORITZ BIERLING NAILS IT: —“It’s rather simple really. Once you see costs beyond prices, and returns beyond profit, what we previously thought to be simply parasitic extraction is revealed as payment for participation in the market created by the aristocracy and maintained by the militia. It’s all about the accounting.”— Moritz Bierling

  • Different Economies

    As far as I can tell, pretty much anyone with christian ethics, with an IQ over 85, can contribute to society if we assist them by providing an economy that allocates work to them. But the idea that we need a MONOPOLY form of economy, instead of different ECONOMIES for each class, is rather stupid in retrospect.

    The laboring classes clearly don’t benefit from a market economy the same way that the middle, upper middle, upper, and elite classes do. It’s not clear at all that the Upper and Elite classes actually participate in the market economy, or merely exploit positions that assist them in collecting rents on the distsribution of fiat currency (shares in the productivity of the labor, working, middle, and managerial classes). Under the monarchies we did not try to create ‘one way’ of organizing society. In part because they had no alternative. But as long as the government doesn’t institutionalize involuntary transfers, there is no reason why we can’t end this enligthenment era fantasy of making the entirty of society operate like its middle class. It isnt.
  • Different Economies

    As far as I can tell, pretty much anyone with christian ethics, with an IQ over 85, can contribute to society if we assist them by providing an economy that allocates work to them. But the idea that we need a MONOPOLY form of economy, instead of different ECONOMIES for each class, is rather stupid in retrospect.

    The laboring classes clearly don’t benefit from a market economy the same way that the middle, upper middle, upper, and elite classes do. It’s not clear at all that the Upper and Elite classes actually participate in the market economy, or merely exploit positions that assist them in collecting rents on the distsribution of fiat currency (shares in the productivity of the labor, working, middle, and managerial classes). Under the monarchies we did not try to create ‘one way’ of organizing society. In part because they had no alternative. But as long as the government doesn’t institutionalize involuntary transfers, there is no reason why we can’t end this enligthenment era fantasy of making the entirty of society operate like its middle class. It isnt.