8 Comments
Oct 10Liked by Peter Joseph

By the toxic and destructive nature of the capitalist structure, it may not sound so hyperbolic to say that competition is the road to human extinction.

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It is, coupled with the fact that the system cannot find environmental balance.

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How do we exit from the slavery ?

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👏🏾OK, 👏🏾That 👏🏾part👏🏾

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Nothing…the whole mess will destroy itself.

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👏🏾PERIOD👏🏾

👏🏾PE👏🏾RI👏🏾OT👏🏾

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It is self-evident that trade creates monopolies; mathematics explains why it is so.

https://www.scientificamerican.com/article/is-inequality-inevitable/

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Things that worked for eons in indigenous / tribal societies, such as the free exchange of goods and services, should work similarly well in a larger context, given the right level of transparency and awareness.

If the following factors were taken into consideration, this analysis might sound quite differently, and the solutions would be more apparent:

- Deep transparency of each product (and it's ingredients) and how they were produced (a public platform on which each barcode, product and entity/corporation (and their actions and behaviors) can be observed/analyzed/rated/judged by the public and investigative journalists), and clarity about the true pricing / externalities of a product - ultimately people choose/vote with their money;

- Wisely implemented Pygouvian taxes (higher public awareness about how the profits are being capitalized and externalities socialised);

- Factors of disruption - as right now most giant monopolies are being disrupted and outpaced by smaller entities (especially if those monopolies wouldn't have the lobbying (/laws/systems) advantage);

- A radically different system of patents - making all patents publicly usable, allowing any entity to use a patent if it pays a certain minimal royalty, or something along those lines...

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