What would the enlightenment look like if it took game theory into account? That's what I want to build.
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Replying to @RokoMijic @RokoMijicUK
Capitalism with taxes on negative externalities and government subsidies to pay for public goods.
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Replying to @JimDMiller @RokoMijicUK
Great idea except now the parasites have a goal of "take over the institution you've created to determine what has negative and positive externalities". A King naturally wants to subsidize positive externalities and tax negative ones because it maximizes the value of his realm.
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Replying to @CovfefeAnon @JimDMiller
Strongly agree with the first part. King is wrong IMO. Crypto/AI much more likely to be viable for that role.
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The least you can say for monarchy is that the incentives are aligned. There aren't any national externalities to a King because he owns the realm. If you're going to substitute some kind of crypto enabled replacement you need to replicate that aspect.
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Replying to @CovfefeAnon @RokoMijicUK
How do you solve the King has only one son and he is an idiot/psychopath problem?
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Then the realm is in for hard times and if it's weak enough for long enough there will be a different royal family. The difference of course is that democratic governance isn't solveable for producing positive outcomes at all - it's always a race to manufacture consent cheaply.
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