Replying to Avatar Hodler

I have done some research into 'left #libertarianism' or 'anarcho-communism' in the recent weeks. Watched some pods and debates and had some conversations with nostr:nprofile1qqs0he0gpmydkhzrncjc94ten5j79l5tjk93ah6etgtn4cwg4t6xqacpz3mhxw309ucnydewxqhrqt338g6rsd3e9uq3zamnwvaz7tmwdaehgu3wwa5kuef0enhhdw on #Nostr (thank you for that).

I never researched it, because it sounded like a massive contradiction. However, I was genuinely interested and willing to change my view if I found good arguments. If I wasn't open minded, I would have never found the #Bitcoin and #Anarcho-Capitalist rabbit hole. They look unworkable on the surface too.

What I failed to find is a decentralised mechanism that manages society and makes it work. Society is a complex system, so managing it by central planning or 'because it would be more fair' won't work. If the incentives aren't allighned with the system, it will corrupt, be ineffective or not work at all.

Decentralised mechanisms are language, sound money, capitalism, ect. They let people interact without any central authority, and are MUCH, MUCH, MUCH more efficient and scalable than any central planner.

The reason that I am such a believer in Anarcho-Capitalism, is because it's build on a decentralised mechanism, capitalism. As you can see in the short video below, this mechanism is able to manage the action of thousands of humans, without the need for any central planning, creating something that no team led by a central planner could ever make.

For left libertarianism I really don't see any mechanism like that, which makes me conclude that libertarian socialism is pretty much like statist socialism: Their intentions are good, but they don't understand economics and incentives.

And the road to hell is paved by good intentions.......

Did I miss something? Shill me the mechanism that makes it work. I am really happy to be proven wrong and change my mind.

https://youtu.be/67tHtpac5ws

Its almost as if complex ecosystems are self regulating thorough positive and negative feedback loops.... 🤔

Even a complete collapse could be considered regulatory if a system has gone so far out of balance it needs replacing with something that fits the niche better.

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100% agree on this one.

This thesis is supported by theory (#AustrianEconomics)

And in practice (Countries with more economic freedom have better living standards, higher life expectancy, more happiness)