Not generate wealth, redistribute wealth
No communist regime has ever generated health, they've hampered wealth production and stolen what was produced before them.
Steal is a much better word.
Good catch. All their schemes, hypercapitalism and usury included, are to distort the flow of accurate economic information so they can skim off the top of other people’s societies. They generate no wealth. The bureaucracy, be it the politburo or wall street, is overhead which is meant to help coordinate the production of wealth. It’s the achilles heel of every complex society.
In the case of wall street it could work if they didn't also control enough politicians to organise bailouts.
I'm interested to see how blockchain DAOs work out. They might end up being a more intervention-proof market.
Yeah, wall street could work if it was a bunch of christian europeans.
Not so fast italians. Lol jk. But kinda .
DAOs will work if you can keep them exclusive to a single relatively homogeneous genetic group of non-retards. You can’t trust foreigners.
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