Custom Designed on Nostr: Centralized vs decentralized capitalism. As G. K. Chesterton put it, "The problem ...
Centralized vs decentralized capitalism. As G. K. Chesterton put it, "The problem with capitalism is that there are too few capitalists."
Capital is naturally centralized with new tech, like steam looms, computers, or space flight. But as tech matures, I can buy an automatic loom for my workshop for a few hundred $$, I have a powerful computer on my lap and another in my pocket, and in a few decades if civilization doesn't collapse again families will be able to buy a used spaceship and go on a tour of the solar system.
Capitalism stays unnaturally centralized when globalists convince people that it is too inconvenient to own anything (and thus be responisble for it).
Capital is naturally centralized with new tech, like steam looms, computers, or space flight. But as tech matures, I can buy an automatic loom for my workshop for a few hundred $$, I have a powerful computer on my lap and another in my pocket, and in a few decades if civilization doesn't collapse again families will be able to buy a used spaceship and go on a tour of the solar system.
Capitalism stays unnaturally centralized when globalists convince people that it is too inconvenient to own anything (and thus be responisble for it).