rpietila, I moved our discussion about theory of change activism in money systems, and username18333 on the applicability of his Great Empire of Hyperaccelerated Redistribution Theft™ anti-money altcoin, to the Economic Devastation thread which is more apropos.

Even Karl Marx understood that the system of social structure was a result of (and not the cause of) the mode of production driven by technology (a.k.a. "natural science"). He eloquently stated that the mode of production shifted over time due to changes in the underlying technological "forces of" production. He explained that what he meant by capitalism is the "modern bourgeois society" which he certainly meant those who could aggregate more capital in the power-law distribution simply because they had more capital.

Karl Marx did not state that the reason for this rise of monetary capitalists is because the Industrial Age can be financed with usury because industry (e.g. factories) require high fixed capital investments, with amortized rates of return. And thus industrial society can not produce without concentration of monetary capital. And thus capitalists are then able to capture the government and write off usury defaults to the public backstop, because in an industrial society production is too big to fail because it does not incorporate Taleb's anti-fragility thus investments in production overcommit to egregious estimation errors because there is a contagion effect of increasing debt to stimulate demand and production. In short, the entire industrial system is doomed to corruption by its very technological nature regardless what social structure is attempted to build on top of it.

Whereas, in the opening post of the Economic Devastation thread, CoinCube has cited my writings on the theory that the Knowledge Age inverts the control over capital, because knowledge creation (not preexisting knowledge consumption per se, although learning is diversified especially if autodidactic undirected and thus a form of innovative knowledge creation) spawns chaotically and unpredictably, thus can not be control by monetary capital. It is the changes in technology which have enabled individuals to directly "sell" (trade) their knowledge creation into the market of demand for knowledge creation, and stepping out from under the control and reason for existance of the corporation in the Theory of the Firm, that is destroying the utility of excessive quantities of stored monetary capital, because it is implausible to convert these large stores of capital to efficient production of knowledge. This is the why the old world industrial capitalists are creating a new world order of totalitarian control in order to try to hang on to their power which is being fundamentally eroded by technological shift to the Knowledge Age.

I believe I am the progenitor of the concept and term Knowledge Age in this context.

I have argued to rpietila that the technological struts (e.g. anonymous internet and anonymous money for trading and including micropayments scaling which Monero can't do) have to be in place before the change will occur and that his religious activism is counter-productive.

I have argued that username18333 makes the same mistake that all communists and socialists do, in that they can think by force of destroying freedom by stealing from some to give to others that they can change the underlying forces of production. One day I will need to take the time to read all of Marx to understand how he ostensibly transitioned from a correct statement of reality in the Preface to such a horrific killing field of Communism.

P.S. I am the former AnonyMint, the creator of this Dark Enlightenment thread.