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RE: Community-ism: New Economic Model

While I believe your view of the future is, as usual, reasonably accurate, I have to disagree about some of the fundamental (theoretical) causes underlying your arguments here. For starters Capitalism at its most basic level is about one thing; Property Rights. That is to say the right of ownership in an asset/property and to control its usage. In America this is set forth in legal terms according to ch. 5 of John Locke’s “Second Treatise on Government”.

As to the causal source for the many iniquities we seen in capitalistic systems today, and I cannot argue that they don’t exist, I would say that it is not a fundamental flaw in the system but rather a failure in the fundamental ethical guidance governing the application and practice of the system. As Locke pointed out at the end of that chapter in his book we have an ethical (he said moral which is a philosophical mistake) obligation to take only what we need from a property and no more. This has always been the one point of property right that has always been ignored.

It is also worth noting that who controls property right is the critical distinction between capitalist and socialist systems. In the former it is the individual in the latter it is the state and in that case people (as the most basic means of production) are also property of the state (and that is slavery!).

One of my key arguments is that we make a critical mistake in regards to the concept of success. The most common practice is to think of personal, business and community success as distinctly separate things. The mistake is that they are dynamically interlinked but we so often fail to recognize this. To put it simply the dynamic has two possible states, Symbiotic or Parasitic. If anything whatsoever is parasitic in the pursuit of success within the sphere of any one of the three core elements, individual, economic enterprise or community, then the whole dynamic follows suit and must inevitably lead to a catastrophic collapse. And it is sound, logical and definitive ethical principles which determine the state of the dynamic.

I really love the title you chose for this post. Community-ism is such a perfect description for our current state of affairs. I think it all comes down to a choice each of us has to make regarding self-interest. Do we take the “me first” stance of self-serving self-interest or a communally focused position that acknowledges “my best interests are derived from the satisfaction of the needs of my community”.

The first position can only lead to a parasitic success dynamic while the second promotes a symbiotic one. This is not an altruistic stance but rather one in which the individual, economic enterprise and community benefit in a proportional manner Also this view of success allows for each individual to define success on their own terms without regard to anyone elses definition or expectations. Not everyone is naturally geared to the accumulation of wealth, at least not to the same degree.

I suspect that as we move forward we will discover, as you so often point out, that the crypto metaverse will do a great deal to balance out much of the iniquity in income/standard of living and free massive segments of the global population from the worst impacts of negative human nature (there are both negative and positive aspects in all of us). This means we will eventually see a decline in tyranny, oppression and even economic exclusion. What I do not believe we will ever see is everyone becoming massively wealthy because everyone's needs are different and every individual will define success in different ways. Having said that I believe there is hope for the future and crypto will definitely change things.

Blessed be.