Mike | Abundance on Warpcast

0xen 🎩 pfp

public ledgers, open source, DAOs, CC0 are all far left coded ideals. curious how the more right leaning crypto space squares these bedrock concepts.

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Dan Romero pfp

Generate revenue.

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0xen 🎩 pfp

strange bedfellows innit

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DAOs or user-owned networks are like cooperatives. Cooperatives can earn revenue. The distinction of capitalism’s versus socialism’s “revenue” is the profit incentive and who gets the profit. Especially because they also have the power over how the company is run (and in oligarchies, how the country is run) Don’t let anyone tell you that money, markets, or income has to be absent from leftist ideology; it’s a big tent. Leftist conception of these things, which as you mention is very much coded in line with the web3 we’re building, is about equitable distribution of surplus revenue and democratic control of the organizations. I don’t think people on the right understand the bogeyman they think they’re fighting. Red scare propaganda and garbage propaganda like “The Little Black Book of Communism” built a wall of bias that even Gorbachev couldn’t tear down.

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danny iskandar pfp

Thought the major of distinction is private property, and hence roll over to revenue. In China the gov could just take control of ‘private property’ if they want to without challenge?

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Two common conflations here, on top of the conflation of all leftism with state communism. 1. Private property ≠ personal property. It is specifically referring to the ownership of companies and things like being a landlord. It’s not about your primary residence, car, or your toothbrush. Nor the business that you are the sole employee of (referred to as artisan). Only stocks, factories etc. 2. They are not in most conceptions owned by the state, but by the workers. A soviet is a workers’ council and each Soviet is part of broader legislative bodies. Contrary to the way things devolved under Stalin, there is a lot of democratic underpinnings to socialism/communism.

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Mike | Abundance pfp

Mike | Abundance

"democratic" as in mob rule, maybe..

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You’re gonna have to decide whether it was a bureaucratic authoritarian nightmare or a pure democratic “mob rule” free for all.

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