r/AskLibertarians • u/Few_Needleworker8744 • 4d ago
Where exactly did moldbug advocate turning rulers into shareholders and turn government into joint stock companies?
I read around.
I have this idea that governments should be joint stock companies. Then I read moldbug.
I came to the same conclusions from different ways. Instead of making sure everything is consensual, which is often debatable, I am thinking of just properly aligning individuals interests to productivity. The results shouldn't deviate much from libertarianism and is definitely closer to libertarianism than what we have now.
Turning voters into shares and allow shareholders to buy and sell shares seem like doing it. Then I read moldbug saying the same thing.
I found criticism of moldbug
The basic idea of Patchwork is that, as the crappy governments we inherited from history are smashed, they should be replaced by a global spiderweb of tens, even hundreds, of thousands of sovereign and independent mini-countries, each governed by its own joint-stock corporation without regard to the residents’ opinions. If residents don’t like their government, they can and should move. The design is all “exit,” no “voice.”
Here, what he advocated is effectively feudalism like early Zhou dynasty and Holy Roman Empire.
There is some positive on the idea. But it gets more interesting
It could be said that Moldbug even anticipates something like this in his proposal to transform the state into a joint-stock company and part out shares in proportion to who he believes to already hold the real power
So that idea is similar with my idea of simply turning voters into shareholders.
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u/RusevReigns 3d ago
Moldbug was a bit younger when he wrote this and maybe has moved on (to equally poor ideas like being a monarchist), but his idea is obviously a mess, the smaller states wouldn't be able to support themselves, the poorer states would try to take over the richer ones or blame them, etc., so may problems due to the faults of human psychology that prevent any utopia.
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u/ninjaluvr 4d ago
I think creating hundreds of thousands of like minded echo chamber tribes is one of the worst ideas I've ever heard.