An ongoing court case centering on encryption has thrown light upon the total incompetence
of those in power. And this is not just about the USA and its legal system, it calls into
question the fitness for purpose of every government currently in place.
First, understand that without privacy, there can be no private property...
Now you understand why MA says we may descend into a 600 year Dark Age, if we don't find some way to overthrow the current political structure.
I don't mean to be rude but what would be a better political structure than the one we currently have? I know there are multiple forms that are better, but which ones specifically would be actually viable in a real-world scenario?
You could argue that anarchy, in the without rulers sense, would be good, but at the same time it would hold back technological progress.
The solution is to minimize the size of government, no matter what form politics takes.
I believe the key to doing that lies in a technological solution that will empower the Knowledge Age. The government can't muck with taxing microtransactions, for then they would tax everyone, not just the middle class. The current political structure is sustained by stealing from the middle class to subsidize the unproductive class, and pile on debt since real estate is the primary driver of the economy (and incomes). We need to make high tech work the primary driver of the economy and end the fixed capital investment Industrial Age. The person who invents this technology will be a $100 billionaire and eclipse Bill Gates et al.
Read
my latest posts in the
Economic Devastation thread.
This is a very interesting theory.
My question to you is, what do you propose that this new technology would be? Would it revolve around creating more autonomous systems for the average jobs, which would force people into higher education jobs in order to make more money than the status quo?
And since this new technology would have to be developed in the Knowledge Age, how would the inventor be respected and how would he be allowed to make money off of it? I
believe you're implying a way to share knowledge that respects the creators of that information, but would a lot of it not be ripped off?