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keccers
@keccers.eth
They know, too. That’s why this book is able to exist
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kenny 🎩 pfp
kenny 🎩
@kenny
it's almost like there are natural forces at play undermining the wealthy which can help curb inequality without the need for government regulation (which paradoxically helps entrench wealth since it becomes captured by the people it's supposed to regulate)
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keccers
@keccers.eth
No. As the book demonstrates they make new stories for themselves that justifies an ever increasing hoard. Your reg capture argument is special nonsense. Juries can be biased. Does that mean we shouldn’t have trials? Equivalent logic there
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kenny 🎩
@kenny
juries have an expiration date bureaucracies do not I'm not saying all human organizations are corrupt, I'm saying that, given enough time, they will inevitably become corrupt (if they have any sort of power worth capturing)
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keccers
@keccers.eth
Yes and guess what that same logic applies to private institutions. And a corrupt state can be voted out. A corrupt monopoly can’t. Institutional decay is an argument for participatory politics not abolishment of the civic institutions
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kenny 🎩 pfp
kenny 🎩
@kenny
private institutions don't have the power of violence ok, they get corrupted, then what? they try to convince you to give them your money harder? you have free will to avoid interacting with a corrupt monopoly a thoroughly corrupt state can remove your right to vote and throw you in prison voluntary civic institutions are fine, mandatory civic institutions tend toward dystopia
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