COMMON SHAREHOLDERS ARE NOT OWNERS OF ORGANIZATIONS Ownership: control. Ownership (control) of WHAT? Ownership denies others use, consumption, transfer, and fruits. So what ownership do shares actually convey? RESIDUAL FRUITS. Shareholdership in practice provides a limited ownership to residual capital.
Source: Original Site Post
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Actually, Bad Ideas Can Crowd Out Good Ideas, and Cause Tragedy, for Centuries.
–“BAD IDEAS, HOWEVER SACRED, CANNOT SURVIVE THE COMPANY OF GOOD ONES FOREVER.”— Sam Harris This statement is demonstrably false, primarily because the market for comforting falsehoods, is greater than the market for uncomfortable truths; and because the market for gossip that justifies one’s priors is greater than the market for uncomfortable truths that contradict one’s priors. Those are two empirically demonstrable statements that have been the subject of not insignificant study and debate. We could, instead say, that in the market for weapons of argument, usable on those subjects of argument – rather than gossip and propaganda – that more truthful (and therefore scientific) arguments defeat the less truthful (rational, reasonable, pseudo-rational, pseudoscientific, and supernatural). The problem we face is the difference in the scale and distribution of gossip, propaganda, justification and critical argument. Falsehood is a cheaper product than truth. In other words, as intellectuals we cannot for a moment cast ourselves as ‘average persons’. A third of the electorate (market for political choice) is fully committed to the dysgenic and feminine reproductive strategy (the left) and a third fully committed to the eugenic and masculine reproductive strategy (the right), and the third in the middle is not only uncommitted, but unconcerned, and largely uninformed, and demonstrably persuaded by what they empathize with, obtain information from friends (gossip), are exposed to the media (propaganda), and lack the general knowledge to engage in argument. (See The Myth of the Rational Voter). Imagining that the way you think is somehow average rather than one of a host of possible outliers, is merely demonstration of the various cognitive social biases wherein we attribute to others in general what applies to us in particular. Curt Doolittle The Propertarian Institute Kiev, Ukraine
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Actually, Bad Ideas Can Crowd Out Good Ideas, and Cause Tragedy, for Centuries.
–“BAD IDEAS, HOWEVER SACRED, CANNOT SURVIVE THE COMPANY OF GOOD ONES FOREVER.”— Sam Harris This statement is demonstrably false, primarily because the market for comforting falsehoods, is greater than the market for uncomfortable truths; and because the market for gossip that justifies one’s priors is greater than the market for uncomfortable truths that contradict one’s priors. Those are two empirically demonstrable statements that have been the subject of not insignificant study and debate. We could, instead say, that in the market for weapons of argument, usable on those subjects of argument – rather than gossip and propaganda – that more truthful (and therefore scientific) arguments defeat the less truthful (rational, reasonable, pseudo-rational, pseudoscientific, and supernatural). The problem we face is the difference in the scale and distribution of gossip, propaganda, justification and critical argument. Falsehood is a cheaper product than truth. In other words, as intellectuals we cannot for a moment cast ourselves as ‘average persons’. A third of the electorate (market for political choice) is fully committed to the dysgenic and feminine reproductive strategy (the left) and a third fully committed to the eugenic and masculine reproductive strategy (the right), and the third in the middle is not only uncommitted, but unconcerned, and largely uninformed, and demonstrably persuaded by what they empathize with, obtain information from friends (gossip), are exposed to the media (propaganda), and lack the general knowledge to engage in argument. (See The Myth of the Rational Voter). Imagining that the way you think is somehow average rather than one of a host of possible outliers, is merely demonstration of the various cognitive social biases wherein we attribute to others in general what applies to us in particular. Curt Doolittle The Propertarian Institute Kiev, Ukraine
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The Layer Cake of Social Order
THE LAYER CAKE OF SOCIAL ORDER
- REPUTATION
(…)
Weapon: Ostracization (death sentence)
Records: Memory of Locals - RELIGION
Religion evolved to provide understanding of the word, virtues to imitate, and general prohibitions, across clans, tribes, and conquered nations, so that people could cooperate more easily and retaliate (feud) less frequently.
Weapon: ostracization (deprivation from opportunity)
Records: memory of locals, religious registries and ceremonies. - LAW
Law evolved to standardize punishments across clans, tribes, and conquered nations, to keep the peace, preserve productivity, preserve taxation, and legitimize (provide value by) rule.
Weapon: violence, deprivation
Records: written ledgers of crimes and punishments. - CREDIT
Credit rule evolved to increase productivity by the promise of consumption in the present, such that the primary form of social punishment was loss of consumption, status, and signaling.
Weapon: deprivation of consumption, status, and signaling.
Records: written and electronic records of creditworthiness. - DIGITAL REPUTATION
(…)
Weapon:
Records: - DIGITAL PRIOR RESTRAINT (?)
(…)
Weapon:
Records:
- REPUTATION
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The Layer Cake of Social Order
THE LAYER CAKE OF SOCIAL ORDER
- REPUTATION
(…)
Weapon: Ostracization (death sentence)
Records: Memory of Locals - RELIGION
Religion evolved to provide understanding of the word, virtues to imitate, and general prohibitions, across clans, tribes, and conquered nations, so that people could cooperate more easily and retaliate (feud) less frequently.
Weapon: ostracization (deprivation from opportunity)
Records: memory of locals, religious registries and ceremonies. - LAW
Law evolved to standardize punishments across clans, tribes, and conquered nations, to keep the peace, preserve productivity, preserve taxation, and legitimize (provide value by) rule.
Weapon: violence, deprivation
Records: written ledgers of crimes and punishments. - CREDIT
Credit rule evolved to increase productivity by the promise of consumption in the present, such that the primary form of social punishment was loss of consumption, status, and signaling.
Weapon: deprivation of consumption, status, and signaling.
Records: written and electronic records of creditworthiness. - DIGITAL REPUTATION
(…)
Weapon:
Records: - DIGITAL PRIOR RESTRAINT (?)
(…)
Weapon:
Records:
- REPUTATION
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Duchesne’s New Book is Out!!
JUST GOT AN EMAIL FROM RICARDO DUCHESNE New book is available today! Of course, I”m going to recommend it to everyone even before I read it myself. 😉 But I will read it myself as soon as I can get my greedy hands on it.
Faustian Man in a Multicultural Age
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Duchesne’s New Book is Out!!
JUST GOT AN EMAIL FROM RICARDO DUCHESNE New book is available today! Of course, I”m going to recommend it to everyone even before I read it myself. 😉 But I will read it myself as soon as I can get my greedy hands on it.
Faustian Man in a Multicultural Age
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We’re Creating the Anti-Cosmopolitan Inquisition
WE’RE THE INQUISITION They don’t understand. We’re the inquisition. Our purpose, our function, is to issue verdicts. Once issued, moral men have moral license to commit acts of force, violence, and heady murder. Many branches of Literary philosophy bring you inspiration. They suggest candidate goods. We practice law. Natural Law. We decide only what is bad. We do not choose what is good. Anything not bad is a candidate good. And by our judgements we can license restitution, retaliation, punishment, and death. Truth is enough. With sovereignty, truth, and violence we built the west, and with sovereignty, truth and violence we can restore the west. The most frightening consequence of natural law, is if an individual takes action for which he is not capable of paying restitution from his assets, then his life, property, (and that of his kin) is the only form of restitution possible. The identifying characteristic of the 20th century is the use of political action, the consequences for which individuals cannot pay restitution – except with their lives. We are going to take a lot of life and property with our judgements.
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We’re Creating the Anti-Cosmopolitan Inquisition
WE’RE THE INQUISITION They don’t understand. We’re the inquisition. Our purpose, our function, is to issue verdicts. Once issued, moral men have moral license to commit acts of force, violence, and heady murder. Many branches of Literary philosophy bring you inspiration. They suggest candidate goods. We practice law. Natural Law. We decide only what is bad. We do not choose what is good. Anything not bad is a candidate good. And by our judgements we can license restitution, retaliation, punishment, and death. Truth is enough. With sovereignty, truth, and violence we built the west, and with sovereignty, truth and violence we can restore the west. The most frightening consequence of natural law, is if an individual takes action for which he is not capable of paying restitution from his assets, then his life, property, (and that of his kin) is the only form of restitution possible. The identifying characteristic of the 20th century is the use of political action, the consequences for which individuals cannot pay restitution – except with their lives. We are going to take a lot of life and property with our judgements.
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The Four Horsemen of the Reconstruction
Mar 10, 2017 10:17am THE FOUR HORSEMEN OF THE RECONSTRUCTION 1) Jordan Peterson: Meaning (Opportunity generation) 2) Jonathan Haidt: Causation (Moral division of labor) 3) Curt Doolittle: Decidability (Natural Law) 4) Taleb: Measurement (‘Science’) FYI: Let’s take notice that I have the lousy job of saying ‘no’ – no one is ever going to like me for that. Haidt has the better job of saying ‘why’. Peterson has the best job of saying ‘how’. And Taleb has the hard job of trying to quantify the information necessary to change categorical state when we lack the data that will be produced by AI’s necessary to develop a testable unit of measure.