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Joined 3 years ago
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Cake day: June 30th, 2023

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  • I’d argue not really designed at all. Capitalism occurred rather organically. The incentive structure underlying it is emergent. It was more successful at self reinforcement than all other models. The problem is that there hasn’t been a ton design to tweak the system to align it to societal goals. This means the self reinforcement continues whether it makes the world better or not. You need design to mold the self perpetuating system into having an incentive structure that aligns with societal goals.

    The current state is due to lack of design, not based on design.



  • I’d argue the checks and balances worked, the electorate failed. Trump tried to overturn and election and the checks and balances held. That should have been political suicide. He should have not even won a school board seat after that, but the electorate failed and reinstated him. You cannot build enough checks and balances into representative government to save the electorate from repeated mistakes. The checks are there to ensure someone must show their true intents to the electorate before they make a choice.