augustinecarrasco on Nostr: As our monetary system stands today, there’s definitely some common ground amongst ...
As our monetary system stands today, there’s definitely some common ground amongst the left and the right, wherein both parties simply want a fair estimation of value (i.e., true capitalism).
Under a predictable and fixed monetary system, big corporations focus not on finding ways to cheat the system, but rather on producing value for society.
Unfortunately, under current ‘crapitalism,’ we can never truly know how someone got a billion dollars. Did they give society a billion dollars worth of value? Or did they rig the fiat system in some way? /3
Long gone are the days when smart people focused more on producing actual value and less on producing money—and I mean literally producing ‘money.’
To steal an analogy, imagining the system as a soccer game, we have rigged it so much that not only are we able to score goals by actually playing the game, but we are now also able to score free points by digging them off the ground.
The skilled players that once played the beautiful game are now focused on the more efficient ways of scoring points: digging holes.
To bring this back to my main point, the leftists may not necessarily be against capitalism. Perhaps, unknowingly, they are simply against a currently rigged system under the guise of ‘capitalism.’
A system deliberately designed with an inherent inbalance whereby scoring points is easy for the top 1% and not so much for the rest of us.
A system wherein the rational thing to do is no longer to produce value because what we get in exchange for value is proliferated pieces of paper.
Under a predictable and fixed monetary system, big corporations focus not on finding ways to cheat the system, but rather on producing value for society.
Unfortunately, under current ‘crapitalism,’ we can never truly know how someone got a billion dollars. Did they give society a billion dollars worth of value? Or did they rig the fiat system in some way? /3
Long gone are the days when smart people focused more on producing actual value and less on producing money—and I mean literally producing ‘money.’
To steal an analogy, imagining the system as a soccer game, we have rigged it so much that not only are we able to score goals by actually playing the game, but we are now also able to score free points by digging them off the ground.
The skilled players that once played the beautiful game are now focused on the more efficient ways of scoring points: digging holes.
To bring this back to my main point, the leftists may not necessarily be against capitalism. Perhaps, unknowingly, they are simply against a currently rigged system under the guise of ‘capitalism.’
A system deliberately designed with an inherent inbalance whereby scoring points is easy for the top 1% and not so much for the rest of us.
A system wherein the rational thing to do is no longer to produce value because what we get in exchange for value is proliferated pieces of paper.