While I am for a capitalistic free and fair market, look what power and greed lead to (Amazon, Walmart, investment firms, Airlines, legal, and anything else “Big 4” or “Big 6”). One may argue that “large companies have the manpower to innovate” true, but so does an open source platform… probably more efficient and less bureaucratic that way as well. Or “big companies do work in bulk thus making products cheaper or more efficiently” true, though that comes with a price. The price being push out the small guys because the big company can do it cheaper. But when does this “cost and resource saving” efficiency cut into quality? All for an extra raise for the few within the company?
Decentralization would allow for EVERYONE to compete fairly without one single entity holding controls
Open source allows for EVERYONE to help improve and reduces back end fuckery with transparency.
I believe this is why some governments HATE crypto. I also believe that this is the way of the future. Disagree?? State your objections.
There has never been a "free and fair" market. Not for a single minute has the market ever been free. It may have existed in some border towns briefly, but "the market" as we call it has never existed as free in this country, nor any other country, ever.
It is a myth.
In a truly Free Market, you can apply any Economic Design Pattern you want. You can apply a Socialist Design (all workers share in a companies decisions). You can apply a Communist Design (all workers share in the companies decisions and get equal share of the profits, no matter the job). You can apply a Capitalist Design (increase capital for the sake of increasing capital more, i.e. growth in perpetuity). You can apply a Stable Design (only buy and retain enough capital to keep you happy).
These are not mutually exclusive (for the most part). For example, you can have a Capitalist Communist Design, where you grow in perpetuity and all workers share equal profits and have equal say in the decisions.
In all cases, in a truly Free Market, the Market will decide if your business can survive. The problem with every single one of those design patterns is when you try to force the Market to be any one of them. That is no longer a Free Market.
There are about five million things in our market that make it not free. For example, every single Regulation in place is designed to keep the Market from being free. A great many were put in to "limit" the powers of the Monopoly, but what they really did was prevent anyone else from infringing on their Market dominance. The amount of fuckery is legend. "Bulk Buying" which seems so logical and fair and ubiquitous is another example. Bulk buying ensures that the very rich remain the very rich. No one can compete against someone else getting half price on everything. There are so many more examples.
It is a step in the right direction, but its implementation is non-trivial.
I agree this helps as well.
These are insufficient however. We can't compete with what is in place. It simply isn't possible. The next part of my report will make that perfectly clear. It will be coming out very soon. (Part 1 here).
The path to victory is to expose the whole fraud of the system. We must obliterate what is in place. We must build a new system along side it so that when the entire fraud (and downright murderous crimes) is exposed, the transition won't cause complete chaos.
"Yes, this whole thing is completely evil, but look, we have another way."