The problem with Democracy isn't democracy per se. It's democracy combined with fiat money. Whenever systems get large a larger portion becomes rent seeking. And when there are a lot of rent seekers, systemic reform becomes extremely hard.

Every form of government has weaknesses. But it's fiat money that amplifies those weaknesses into critical flaws.

Reply to this note

Please Login to reply.

Discussion

I don’t know… even absent a money printer the idea that a mob can vote to rob me is some bullshit

I'm all for a democracy... with skin in the game. A random selection for a single term as a representative, and you must have served in the military for alteast five years. Oh, and if you run a deficit the citizens get to coat you in honey and tie you to a tree in the woods for a night.

Term limits would also help.

Fiat money is certainly the leading factor in every corrupt government system it seems; but democracy is just as bad a governing strategy as any, arguably worse than most.

I zapped some sats to your profile for this 🤙

The problem is the state. We don't need it.

💯🎯

Nah I think democracy is pretty broken too in and of itself

Nah, the problem with democracy is definitely the democracy part.

Having been around military for years they are some of the worst and stupid; CIA coolaid drinking rent seekers. Even some that lost ppl in Iraq invasion still don't get the scsm.