Thursday, February 17, 2011

Techno-socialist vision of the future

I've developed my own socioeconomic viewpoint when I was homeless reading Atlas Shrugged, and I'd like to share it now.

In 2006, I wish I called it publicly with Peter Schiff, but the world economy is kind of fucked. Not for the vast reasons people speculate on it. It's because of ass-holes like me that automate. I love to build machines and write software to do stuff for me, and I'm not alone.

I'm a capitalist now because capitalism is the fastest way to innovate and optimize the total human system. Fundamentally, we each create a debt when born. We need so much food, so much protection, so much water, etc. Socialism is faulty on this front simply because the technology does not provide for everyone's needs to be covered very well. Over time, as capitalistic societies create technology, we converge to socialism.

We are in that process now.

Right now, technology has made us extremely productive and we are leaving people behind. Unemployment is going to get severely worse because the structure of the work is changing faster than people can adapt.

The society is going to change into morlocks and eloi.

How will this function under a democracy? Well, it will in the worst possible way.

To be continued...

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