Sep 05, 2016 12:48pm
WHY IS IT THAT WE DON”T MIX ECONOMIES?
- Military (Slavery) – labor dependent
- Communist (Serfdom) – skill dependent
- Democratic Socialist (freedom) – mentally dependent
- Capitalist (liberty) – capital dependent
If nations are smaller there are more ‘top slots’ but each having less free capital for use in corruption available.
All era’s face information problems when they scale.
This is ours.
The answer is always the same: information and institutions.