As I go about packing and running errands for my flight, I'm going to do "one [non-expert] hot take that I think various niche mutuals won't like"-per-like. So, surfacing my subjective, socially-obscured beliefs — or pissing off people who otherwise like me.https://twitter.com/vgr/status/1205357296714280962 …
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💥 (wannabe) Ƀreaker of (the Bad) Loops 💫 Retweeted Venkatesh Rao
P.S. I'm deliberately bad at following directions and like to be fashionably late (except when it comes to being anywhere, physically — then I'm approximately one hour early without notifying the person I'm meeting.)https://twitter.com/vgr/status/1206611824566652929 …
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1/ Markets are remarkably good tools for solving collective action problems. Not because they are God-like computational tools for doing sound resource allocation — holy hell, they are not — but because they're a socially-comprehensible means of muddling along.
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2/ Federalism is good, actually. Not so much because it affords us with laboratories of Democracy but because it creates more near-decomposable governance... ...in theory.
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3/ Financial markets are claim entanglement engines. This has socio-economic pros and cons but I think at least since Reagan it's been a corrupting force that selects for oligarchy. A lot of people are really big fans of oligarchy.
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4/ The people who prefer equity to equality and the people who would believe caste systems are good, actually, are the same people. America is currently polarized along an equity-v-caste-systems divide. It has been since day 0, but the stakes are currently higher.
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Replying to @generativist
wait, equity == caste or equity v caste? Either you've got a typo somewhere or I'm really misunderstanding?
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💥 (wannabe) Ƀreaker of (the Bad) Loops 💫 Retweeted 💥 (wannabe) Ƀreaker of (the Bad) Loops 💫
Leaving this here,https://twitter.com/generativist/status/1210647356359753729 …
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