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RE: Adsactly Education - The Marriage of Democracy and Capitalism

in #education7 years ago

I agree that the future looks bleak. Except for one thing. I really believe that crypto might be the great equalizer here. Not that crypto doesn't produce big time capitalists that will bull what ever market they can, but I think that normal, every day people can have a MUCH larger impact on the capitalist side of the equation than ever before.

I do not know, or even have a very good guess on the Democracy side. Will we see elections (free and fair) run off the blockchain? That could have a very positive impact. Will some countries slide into oligarchy or even worse? I think that possibility exists.

Interesting times we live in. Thanks for a thoughtful comment.

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Thank you sir your for these nice words. Cryptocurrencies have potential to free people from the clutches of wealthy maggots but this feat is not easy to achieve. Wealthy people won't let cryptos to flourish. Many rules, regulations and laws will be formed to control or even destroy this enemy.
As far as democracy is concerned, over population and automation is rendering people jobless. These jobless population is becoming burden on this earth (in their view). So, they won't allow democracy to run as it should run. Definitely, we are not living in democratic countries. This is oligarchy in disguise of democracy.