Ep 13: The ultimate vote is Economic. NOT Democratic.

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Player FM과 저희 커뮤니티의 Aleks Svetski 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.

People always refer to the morality of “democracy”, and it being the mechanism of rule that's the fairest & most just - but it’s just NOT true.

Democracy will always devolve into authoritarianism because it’s just another form of collectivism requiring you to give up your personal agency to an external authority.

A truly FREE society is one where economics rules, and the ability to cast your vote live at all times is the only way we can have a truly open, functional, liberty-centric society.

This might sound like blasphemy to some, but in order to make sense of this statement, one has to understand what economics actually measures.

Economics is the study of the allocation of resources (primarily time & energy) by individual participants in a society.

This is the free-market, and more broadly, free-society form of organisation & convergence that does not require a central authority to decree what should happen, how & when (which is often inefficient & inaccurate).

Economic decisions are real, live, functional votes in a free society. It’s representative of your choice here & now, and is more powerful than any other force in the world, especially a “democratic” one.

Thanks for listening guys.

Remember to subscribe, share, and follow me on twitter & medium @AleksSvetski

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