Subnostr

I am not often hyped about self sustainability. I'd rather use the market to get things I can't produce very well and produce by using my unique abilities. It is called specialization.

The problem is when the centrally planned providers are controlled by insane people. Then it is more than sane to invest your capital to production capacity and become independent of the central planners. The paradox is that because I can't build lightweight nuclear reactor, I need to build renewables, which is what the central planners wanted to push towards anyway.

By accepting the central planners are insane and taking production in your own hands, you do what they want. This has quite the Scanner Darkly vibes...

sorry for the bird app reference, I don't know how to copy a thread very well.

at least giving a preview.

https://twitter.com/energybants/status/1775015586176663641?t=UmSyO6Q_fSKxrQS6r3CwDA&s=19

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Discussion

mister_monster 1y ago

If you specialize in something that has elastic demand while consuming inelastic goods you put yourself at the mercy of the producers of those goods, or whoever controls their flow.

Look at states. States often specialize with regard to exports. But the most successful states diversify; they attempt to accomplish food security. The specializers are at the mercy of those that can sustain themselves.

Self sustainability is very important, markets are also very important. At the very least you should be capable of providing the basic things you need to stay alive.

It's amazing, once you understand capital and wealth creation, and you see that you can create real wealth yourself, for yourself, using mud, without any middleman or government taxing you, without a counterparty, you'll realize you didn't quite understand it as well as you thought. You experience feeling numinous and epiphany at the same time.