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Cake day: July 5th, 2023

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  • that’s what the rich will become in the next theoretical cycle of civilization.

    On the surface, it sounds plausible. But if you dig into how the resources you mentioned are produced, the ones which would allow them to become kings, there’s a plot hole. The production can only be done in centralized factories where many workers labour. And the inputs for those factories are done in other factories where many workers labour. As long as such resources are required to maintain these fiefdoms, the rulers power would be constrained by labour power. And we know from history that when enough workers are out of a job, when enough live in poverty, workers organize to stop working and take over the factories. Then they start producing for themselves, instead of the rulers. Then the rulers end up with no guns or other technology needed to enforce their power. What’s worse for the prospects of the future would-be-kings, is that the theory which tells workers how to organize and what to do in such cases has been written, and tested, and it works. And so I think we’re likely gonna see more of that instead of new monarchies formed by former capitalist elites.









  • Capitalism does not require democracy. In fact democracy stands in the way of the incentives people who own significant capital have. Soooo, if democracy stands in the way of profit growth… it might have to go. 🥹 It happens gradually. We say there’s got to be a limit. They say OK and negotiate where the limit is. Sometime later they ask to renegotiate the limit a bit in their favour. We say, not a big deal, fine. Rinse and repeat until the limit has changed enough for them not to have to ask. They just try doing it without us noticing. Then at some point we start noticing. By then our democratic power is eroded to the point where shifting the limit in our favour is extremely difficult.