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RE: So I finally made it to steemit

in #hello7 years ago

I think that " theoretically " the same things you hope to accomplish with restrictions, could be accomplished by the free market, voluntarily. The only problem is that the government created and partially subsidized corperations have a massively disproportionate amount of wealth and resources to compete with currently (walmart,amazon). I think decentralized eccommerce and people leaving the usd, could eventually correct that. I definitely don't see it happening overnight though. As far as representatives, i think block chain is the exact science of representation and could replace those people if properly implemented. Structure is definitely a necissary part of civilization. No doubt.

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Interesting, so if I'm reading between the lines here, using a blockchain to implement secure verification and transactions to institute a direct democracy? That is actually something I could really get behind. If I'm off-base, please elaborate.

As far as the free market, I feel it's a solution that would ultimately result in a greater shift of power to existing corporations. Without minimum wage, why should I believe that the largest hiring companies won't continually hire cheaper labor as they eliminate the competition that might hire at better rates?

That said, I think this stems from the human desire to make purchases for as cheap as possible. If you could curb the penny-pinching aspect of our culture, perhaps not impossible, then I could see the free market working. As it stands, people are too short-sighted to see the harm that can be brought by buying the cheapest option they can find, empowering corporations to cut corners and underpay workers and suppliers.