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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A king does not nec. have to be the current king's son, as long as there are clear succession rules/competition from a larger aristo class. The church/'superstate', king's ministers, & lower nobles all can provide buttressing for the king.
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Another excellent point - royal succession isn't locked into primogeniture.
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Replying to @CovfefeAnon @MartianOrthodox and
If succession isn't clearly laid out, you get competing factions promoting different candidates. This often results in candidates incentivizing support by giving away sovereignty (lands, offices, tax rights, etc.) and outright wars of succession when stakes are high.
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Plus it shifts the competition back to "better at gaining power" compared to "better at exercising power" but that kind of selection can work when the selectors are cohesive and don't defect for personal gain.
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