Ghost of Truth on Nostr: Etatism: Self-generated Entropy Will Bring Down The Leviathan Human economic activity ...
Etatism: Self-generated Entropy Will Bring Down The Leviathan
Human economic activity is primarily aimed at eliminating the scarcity of resources. At its root there is a dramatic psychodynamic process at work, a desire to reduce volatility and uncertainty, a rebellion against our 'human condition'. This Camusian revolt is intrinsic to us, it makes us forced and active participants in the evolutionary process.
To this end, we optimize our processes on free markets without coercion in accordance with our own objectives in order to reduce the fog of uncertainty as far as possible by collectively anticipating the future. Just think of the pioneering invention of insurance systems or futures markets! In this way, we collectively increase prosperity, welfare, our sense of security and at the same time our social and intergenerational ties on the basis of individual decisions. We are trying to control time and space by implementing these first principles of reason and work.
The state, the coercive monopolist in the postmodern age, reduces our potential to fulfill these processes optimally with each individual intervention in their complexity. This parasitic caste that dominates the public sphere, dominant narratives via media control and gets his hands on crucial economic sectors like energy production (and distribution which really is a problem that evokes gov overreach at a new level) has developed a business model of disrupting collective action in the space of freedom in order to offer solutions that the collective has to pay for in order to keep the damage this intervention has caused (allocation and the information problem) under control.
The state operates like a protection racketeer, initially causing considerable damage to those it 'protects'. The entire modern welfare system works according to this principle: compulsory taxes are increased to such an extent that economic activities are more and more unprofitable for many people, small businesses go out of business and the herd of those dependent on the state continues to grow meanwhile the cooperation between the state and big businesses is growing.
We see this in the flood of regulations that are always an expression of the final phase of a state, a nation or a civilization, namely when regulatory mania, pure fear of losing control, replaces traditions and learned morals and norms of behaviour. At this point, bureaucracies are unstoppable in their growth, we are heading for the collapse of several social systems.
The more energy this bureaucratic complex draws from the free market system and the productive sector of society, the greater the danger of a sudden increase in entropy and volatility when the giant collapses under its weight. And the monster is eating its and our lunch faster by the day.
#freedom #socialism #bitcoin #mises
#bureaucracy #usa #eu
Human economic activity is primarily aimed at eliminating the scarcity of resources. At its root there is a dramatic psychodynamic process at work, a desire to reduce volatility and uncertainty, a rebellion against our 'human condition'. This Camusian revolt is intrinsic to us, it makes us forced and active participants in the evolutionary process.
To this end, we optimize our processes on free markets without coercion in accordance with our own objectives in order to reduce the fog of uncertainty as far as possible by collectively anticipating the future. Just think of the pioneering invention of insurance systems or futures markets! In this way, we collectively increase prosperity, welfare, our sense of security and at the same time our social and intergenerational ties on the basis of individual decisions. We are trying to control time and space by implementing these first principles of reason and work.
The state, the coercive monopolist in the postmodern age, reduces our potential to fulfill these processes optimally with each individual intervention in their complexity. This parasitic caste that dominates the public sphere, dominant narratives via media control and gets his hands on crucial economic sectors like energy production (and distribution which really is a problem that evokes gov overreach at a new level) has developed a business model of disrupting collective action in the space of freedom in order to offer solutions that the collective has to pay for in order to keep the damage this intervention has caused (allocation and the information problem) under control.
The state operates like a protection racketeer, initially causing considerable damage to those it 'protects'. The entire modern welfare system works according to this principle: compulsory taxes are increased to such an extent that economic activities are more and more unprofitable for many people, small businesses go out of business and the herd of those dependent on the state continues to grow meanwhile the cooperation between the state and big businesses is growing.
We see this in the flood of regulations that are always an expression of the final phase of a state, a nation or a civilization, namely when regulatory mania, pure fear of losing control, replaces traditions and learned morals and norms of behaviour. At this point, bureaucracies are unstoppable in their growth, we are heading for the collapse of several social systems.
The more energy this bureaucratic complex draws from the free market system and the productive sector of society, the greater the danger of a sudden increase in entropy and volatility when the giant collapses under its weight. And the monster is eating its and our lunch faster by the day.
#freedom #socialism #bitcoin #mises
#bureaucracy #usa #eu