hence the invention of the government bond. instead of reigning in a mandate of heaven through taxation, the central government prostates itself before and infinite God and claims the right to be sued. this was an incredible divine weapon
chinese people tend not to trust each other outside their personal circles because there is no higher power that is universally believed in like the debt/credit protocol. anyone outside the guanxi circle can stab u in the back and not feel bad
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strange isn’t it? the same mechanism that prevents someone from being kicked of their house is also what creates large scale social distrust. a flexible protocol is no different than the whimsy of a philosopher king
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the only thing that can allow for large scale coordination under such mutual suspicion... is the animating power of greed.
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