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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historical solutions via greg, but surely something better can be done today. relax the constraints of hereditary rule so there can be selection for ability, whichever way you choose to implement it.https://westhunt.wordpress.com/2017/10/08/biopolitics/ …
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Replying to @_JeanLeon @JimDMiller and
Just like Scott Alexander, I do not get the NRX "reactionary" label Just say: the people are dumb, democracy sucks, we want cryptographic corporate cyber technocracy because this is what you want, nothing like Moldbug's "patchwork" ever existed in history. why all the feudal
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Replying to @saucersused @_JeanLeon and
Isn't that what we are getting? The Si valley oligarchs are, they believe, self-evidently smarter than us dumb poor schmucks so they've hijacked democracy, created a puppet show for the peons, and established a credentialed clerisy to administer their decisions.
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Replying to @yeahokaywhatevr @_JeanLeon and
Foolish in the extreme to see this as SV making moves rather than tech getting cordecypted by the same people who control the press and academia and the bureaucracy. The SV ethic is dead because the place is run by progressives that they couldn't kick out of their companies.
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Replying to @CovfefeAnon @yeahokaywhatevr and
LOL. What makes you think that Silicon Valley is secretly on "your side", but the poor, helpless and naive multi billionaires can do nothing and are completely powerless? What makes you think there was ever any "ethic" than


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Replying to @saucersused @CovfefeAnon and
For big tech billionaires who have from the beginning sought to build oligopolies, the woke culture war is a welcome distraction and division of the 99%. Any "Silicon Valley ethic" they paid lip service to was only to excite nerds until they could be replaced with H1Bs.
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Folk Marxism is the result of having absorbed the narrative that there's a natural, inevitable proletarian revolution and come to a contorted interpretation of everything to preserve this belief. There isn't some inevitable uprising against "the 1%" that's being kept down.
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