5.1.2-Markets in Everything (and Market 'fascism')

Markets Preserve Asymmetry of Merit, and Remove Asymmetries of Non.

Markets are simply the only means of preserving asymmetry and removing asymmetry of power and information. Courts are the only means of preserving asymmetry of warranty of performance.

I don’t think markets are subordinate to hierarchy in any sense other than I think that they themselves prohibit hierarchy by permitting the meritocratic rise and fall of the classes by means of DEMONSTRATED ACTIONS.

I don’t think a market for commons divided by the classes of production is a hierarchy, it is just a means of recognizing the forms of production that the meritocratic families have managed to produce and hold onto: families, business, enterprises, territories, and monarchy.

The fact that there is greater SCALE OF MERIT in each class is simply a fact of the market operating to ensure that we demonstrate the greatest rotation and maintain the families businesses, enterprises, and institutions, with the greatest merit.

3.6-Politics · 5.1.2-Markets in Everything (and Market 'fascism') · Uncategorized

More on Market Fascism

What’s the difference between MARKET FASCISM and the Status Quo?

There are two differences:

1) Since markets regulated by natural law are the only POSSIBLE means of preserving sovereignty, and voluntary cooperation free of parasitism, then any attempt to perpetuate an alternative is an act of attempted fraud.

So the difference is that under Market Fascism, there is no tolerance for criticism of the sovereign market order just as no tolerance for cannibalism, murder, theft, fraud, and conspiracy. Becuase tolerance for such crimes itself a crime. You may only propose exchanges.

You can use the court to pursue an involuntary imposition of costs that violates natural law. But you may not propose an imposition of costs that violates natural law.

In other words, you must constrain yourself to function within the markets in word and deed.

2) Since you must fully account for the consequences of any action, the externalities produced by your action must not privatize the commons or socialize your losses. This means that you must be more careful in profiting from the ignorance of your fellow citizen shareholders.

In other words your opportunity to profit from arbitrage is limited.

These are simple, but far reaching demands.