The next capitalist revolution

What we need is a revolution in how people think about complex systems.<p>People nowadays throw ideas around thinking they have a good understanding of how systems operate or should operate, when in fact most are clueless and fail to realize their ignorance.<p>Society, economy, biological organisms, climate, cognition, etc are all complex systems, and no single person can claim to understand how they work, or the types of laws&#x2F;rules we should adopt to govern their behavior.<p>Not all is lost though, as we have slowly started to augment our cognitive power, by means of computation, and in the process have improved our capabilities to analyze and understand these ever evolving systems.<p>I for one, have began to fight my ignorance by studying more books on complex systems. Here&#x27;s a good one I&#x27;ve discovered recently: &quot;Scale&quot; by Geoffrey West.<p>Also, a useful collection of resources, courtesy of Santa Fe Institute: <a href="https:&#x2F;&#x2F;www.complexityexplorer.org&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.complexityexplorer.org&#x2F;</a> (HINT: Go to explore -&gt; browse section)<p>... and bonus, one of the most underrated channels on YouTube, <i>Complexity Labs</i>: <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;channel&#x2F;UCutCcajxhR33k9UR-DdLsAQ" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;channel&#x2F;UCutCcajxhR33k9UR-DdLsAQ</a>

My takeaway from this article was mainly about how much competition should be fostered within the system.<p>One interesting thing about the neoliberal era, it seems, is that the things in it seem to be simultaneously very big and very small.<p>There are some very big things -- cyberpunk-style megacorps that literally have free rein to make and remake entire markets and populations -- and at the same time very small things -- gig workers, freelancers, contractors, and other kinds of &quot;entrepreneurs&quot; that are out on their own in a dog-eat-dog world of hustle.<p>I think the question is less about whether we should have more competition, and more about whether this can be done safely. As it stands, you basically have two choices, modeled after the above: to become a cog in a machine (or a machine-in-the-making), or be completely out on your own.<p>Can something <i>sustainably</i> exist in the middle, and without being consumed by the big thing or becoming the big thing?

None of this matters, not one iota. The world is choking in the filth we are creating, all while people like this pontificate about the next generation of the system that positively reinforces the creation of filth.

&gt; Ronald Reagan fostered competition across much of the American economy.<p>How did he do that?

Serious questions: who&#x27;s working on innovating economic systems that take us out of capitalism?<p>Forget competition... What about market-wide transparent collaboration?

“Neither Hayek, nor Habermas”

Capitalism is literally the private ownership of the means of production, aka simple freedom. We in the US have never lived with anything but crony capitalism. Capitalism is the only process so far that creates wealth for everyone. If people are unhappy with our current form of capitalism they can look directly to the Marxist policies our government has tilted towards the last century that are supported by both the &#x27;right&#x27; and the &#x27;left&#x27;.

This is one of those really tough areas where the problems are so significant and comprehensive that the approach people want to take immediately gets into their worldview and belief system. And no one readily changes their worldview, so its difficult to have productive discussions about such things.<p>Nevertheless I will state my worldview and hopefully mention a few specifics that might be anchor points for an attempted discussion.<p>Technology _alone_ cannot solve our societal problems, but I believe that there is great opportunity to address them by better incorporating the right technologies into society.<p>And I believe that peer-to-peer distributed (and so decentralized) technologies offer quite a lot of promise. Starting with the idea that over-centralization, whether it stems from a more socialist traditional system or a more capitalist traditional system, is one of the main problems, and technologies that are inherently decentralized can address that.<p>Well, maybe I will just start with a few premises. I would like to suggest that we should re-evaluate all of our societal structures in a technological context. I think that we can usefully think of them all as types of (mostly primitive) technologies.<p>For example, I suggest that money is in fact a technology. It is probably the most fundamental technology of society. I think that although an over-reliance on traditional money obviously causes problems, the answer is not to simply de-emphasize its use in society, although that can help in certain contexts. I believe that we should upgrade the technology of money and in doing so we can improve the functioning of society.<p>I also believe that government is another type of fundamental technology for society. It should also have its technology upgraded.<p>Another idea I have is that there is a fundamental interaction between money and government which we normally refer to as &quot;corruption&quot; with the idea that this is an abnormal state for the relationship. However I believe that the close relation between money and government in their present primitive forms is a core structural element, i.e. corruption is structurally guaranteed.<p>I realize that convincing people of these views would require quite extensive prose. But it is unlikely that those with different worldviews would be convinced and I am tired of writing this answer so unfortunately I am not going to try right here. However at least I have explained some of my viewpoint.<p>Anyway, I think that Ethereum and related or similar technologies are moral causes because they allow us the possibility of upgrading core technologies used in society. We can upgrade money with cryptocurrency. We can upgrade government using something like Ethereum-based decentralized autonomous organizations. I think that you need to upgrade money _and_ government at the same time and be sure that your system considers them as closely related so that you can handle &quot;corruption&quot; in a structural way.

&gt; Ronald Reagan fostered competition across much of the American economy. &gt; A similar transformation is needed today.<p>Reaganomics is the cause, not solution to, today’s capitalism crisis.