RE: Unfairness of tax cuts for the rich explained in beer

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Unfairness of tax cuts for the rich explained in beer

in politics •  7 years ago  (edited)

Maggie Thatcher put it best where she said you “would have the poor be poorer so that the rich also have less”:

https://www.armstrongeconomics.com/world-news/monetary-reform/thatchers-last-stand-against-socialism/

I don’t disagree that the Agricultural and Industrial Age economies required high concentrations of fixed capital investment, and thus capitalists. The Coasian Theory of the Firm is that the capitalist and managers (i.e. the corporation) exists to keep everything glued together because individuals wouldn’t be able to do it. But my entire thesis since 2013 is that the Knowledge Age disintermediates this and devalues the informational value of fungible finance:

https://steemit.com/cryptocurrency/@anonymint/bitcoin-rises-because-land-is-becoming-worthless

https://bitcointalk.org/index.php?topic=355212.0 (c.f. Rise of Knowledge, Demise of Finance essay)

https://steemit.com/science/@anonymint/the-golden-knowledge-age-is-rising

https://steemit.com/philosophy/@anonymint/geographical-cultural-ethos-science-is-dead-part-2 (c.f. discussion of Rifkin’s Zero Marginal Cost Society)

So where we are headed, maybe the aspects you hate about reality will change. But your rationalization of the “unfairness” of capital concentration belies a correct understanding of political-economic reality.

Read this very important post from the bottom backwards. It is demonstrative of those like presumably you (although I don’t really know you well) who swallow the blue pill and live in some fantasy bubble. I’m trying not to be condescending nor ridicule anyone. I’m just trying to draw our attention to reality and away from the fantasy bubble which is our demise.

And the Asians don’t have this problem many Westerners have with an incorrect philosophical understanding. And thus we’re headed to abject failure and they’re headed up to replace us as the economic center of the world.

Westerners are essentially blaming physics and nature for being the reality that they are.

I wrote:

Also I observe Synth and Skycoin pitching the concept of a mesh network, but mesh networks lack liveness because they violate fundamental principles of distribution of resources in nature due to physics:

https://www.corbettreport.com/interview-1356-ray-vahey-presents-bitchute/#comment-50338
https://web.archive.org/web/20130401040049/http://forum.bittorrent.org/viewtopic.php?id=28
https://www.corbettreport.com/interview-1356-ray-vahey-presents-bitchute/#comment-50556

Jordan Peterson explained why the uber successful achieve. You don’t realize the insane number of hours they work and stress they deal with. At age 53, I’m still working 16+ hours a day, 7 days a week, 365 days a year, year-after-year. Can you keep up me?

If you steal from me, then you destroy yourself.

Here’s more for your edification. Dig into all the links and dig into the links on those posts linked and you shall find.

P.S. I have native Cherokee native ancestry in addition to my European lineage. And I have dabbled in my Indian culture. But that is irrelevant.

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