Disintermediated Value Exchange

The Vicar of Wakefield , Schopenhaer. And a Schumpeterian Insight on the iron law of oligarchy.

Times were in “CRYPTO LAND” that people would talk of the “Byzantine Generals Dilemma” Lord Acton boiled it all down to the problem which would have to be resolved ultimately would be “ The People Versus The Banks”

What has this got to do with The Vicar of Wakefield and Schumpeter?

THEIR LORDSHIPS ON ARTICLE 50

.“Bring then above all ignorance, to which add confidence, audacity, and effrontery; as for diffidence, equity, moderation, and shame, you will please leave them at home; they are not merely needless, they are encumbrances.´´

Lucian. Rhetoriticians Vade Vecum.

Stratagem XXXVI Schopenhaers art of being right.

You may also puzzle and bewilder your opponent by mere bombast; and the trick is possible, because a man generally supposes that there must be some meaning in words:

Gewohnlich glaubt der Mensch, wenn er nur Worte hort,
Es musse sich dabei doch auch was denken lassen.

If he is secretly conscious of his own weakness, and accustomed to hear much that he does not understand, and to make as though he did, you can easily impose upon him by some serious fooling that sounds very deep or learned, and deprives him of hearing, sight, and thought; and by giving out that it is the most indisputable proof of what you assert. It is a well-known fact that in recent times some philosophers have practised this trick on the whole of the public with the most brilliant success. But since present examples are odious, we may refer to The Vicar of Wakefield for an old one.

I would have all men kings. I would be a king myself. We have all naturally an equal right to the throne: we are all originally equal.

The generality of mankind … have unanimously created one king, whose election at once diminishes the number of tyrants, and puts tyranny at the greatest distance from the greatest number of people. Now the great who were tyrants themselves before the election of one tyrant, are naturally averse to a power raised over them … It is the interest of the great, therefore, to diminish kingly power as much as possible; because whatever they take from that, is naturally restored to themselves; and all they have to do in the state is to undermine the single tyrant, by which they resume their primeval authority.

He goes on to say that this undermining, this ambition, is facilitated by the accumulation of wealth, and that the state is set up in such a way as to concentrate wealth in the hands of a few at the expense of the many, and power solely in the hands of the wealthy at the expense of the qualified.

”There is no Science, the Study of which is more useful and commendable than the Knowledge of the true Interest of one’s Country; and perhaps there is no Kind of Learning more abstruse and intricate, more difficult to acquire in any Degree of Perfection than This, and therefore none more generally neglected. Hence it is, that we every Day find Men in Conversation contending warmly on some Point in Politicks, which, altho’ it may nearly concern them both, neither of them understand any more than they do each other.
Thus much by way of Apology for this present Enquiry into the Nature and Necessity of a Paper Currency. And if any Thing I shall say, may be a Means of fixing a Subject that is now the chief Concern of my Countrymen, in a clearer Light, I shall have the Satisfaction of thinking my Time and Pains well employed.
To proceed, then,
There is a certain proportionate Quantity of Money requisite to carry on the Trade of a Country freely and currently; More than which would be of no Advantage in Trade, and Less, if much less, exceedingly detrimental to it.
This leads us to the following general Considerations.”
http://founders.archives.gov/documents/Franklin/01-01-02-0041

And that is basically that

“Nature rejects the monarch, not the man; The subject, not the citizen; for kings And subjects, mutual foes, forever play A losing game into each other’s hands, Whose stakes are vice and misery. The man Of virtuous soul commands not, nor obeys. Power, like a desolating pestilence, Pollutes whate’er it touches; and obedience, Bane of all genius, virtue, freedom, truth, Makes slaves of men, and of the human frame A mechanized automaton. Nature! -no! Kings, priests and statesmen blast the human flower Even in its tender bud; their influence darts Like subtle poison through the bloodless veins Of desolate society. The child, Ere he can lisp his mother’s sacred name, Swells with the unnatural pride of crime, and lifts His baby-sword even in a hero’s mood. This infant arm becomes the bloodiest scourge Of devastated earth; whilst specious names, Learnt in soft childhood’s unsuspecting hour, Serve as the sophisms with which manhood dims Bright reason’s ray and sanctifies the sword Upraised to shed a brother’s innocent blood. Let priest-led slaves cease to proclaim that man Inherits vice and misery, when force And falsehood hang even o’er the cradled babe, Stifling with rudest grasp all natural good. 44 1v ‘War is the statesman’s game, the priest’s delight, The lawyer’s jest, the hired assassin’s trade, And to those royal murderers whose mean thrones Are bought by crimes of treachery and gore, The bread they eat, the staff on which they lean. Guards, garbed in blood-red livery, surround Their palaces, participate the crimes That force defends and from a nation’s rage Secures the crown, which all the curses reach That famine, frenzy, woe and penury breathe. These are the hired bravos who defend The tyrant’s throne -the bullies of his fear; These are the sinks and channels of worst vice, The refuse of society, the dregs Of all that is most vile”;
Shelly, Queen Mab.
https://off-guardian.org/2020/03/08/keep-it-simple-and-question-propaganda-technology-and-coronavirus/#comment-124818

9/11 in Academia Film.

In the Ebb and flow of divide and rule manipulation through “Belief Systems”

is the ever present theme.

I think this may well be the last post I will make here The Vicar of wakefield tells us all we need to know.

In the Control of oil this statement by John Blair

Page 400

“In contrast, by merely establishing the rules and conditions for the automatic operation of the market mechanism the competitive approach operates at the margin. Once an antitrust action is instituted, the relationship between the agency staff and the defendant companies is one of adversaries. Instead of mutual understanding, the prevailing attitude is one of antagonism. In such a climate influence and cor¬ ruption do not thrive. And this is the fundamental reason why in the long run the antitrust approach offers greater protection to the public interest than any conceivable form of regulation. In mutual dislike rather than in mutual understanding there is strength. Moreover, by making an industry’s behavior depend on the judgment and actions of many buyers and sellers, the competitive approach minimizes the harm that can be done by any small group of individuals, thereby making influence and corruption more cumbersome, expensive, and of most importance, ineffective.”

And Schumpeter?

See his quote here.

https://longhairedmusings.wordpress.com/2016/01/06/the-iron-law-of-oligarchy/

Schumpeter’s competing elites model of democracy serves double duty in demonstrating both the Political Theater of FAUX electoral political democracy and also in the behind closed doors machinations of the powerful list found in magazines like Forbes. ´´( quotes from Roy Madron​, Super Competent Democracies).

‘Democracy is that institutional arrangement for arriving at political
decisions in which individuals acquire the power to decide by means of a
competitive struggle for the people’s vote’.” Joseph Schumpeter, Quoted
from Roy Madron, Super Competent Democracies who in turn Cites.
“Participation, and Democratic Theory” by Carole Pateman. Dr Pateman
says that, Schumpeter and his followers: … set the current
Anglo-American political system as our democratic ideal (with) a
‘democratic theory’ that in many respects bears a strange resemblance to
the anti-democratic arguments of the last (i.e. 19th) century. No
longer is democratic theory centred on the participation of ‘the
people’; in the contemporary theory of democracy it is the participation
of the minority elite that is crucial and the non-participation of
the apathetic, ordinary man lacking in the feelings of political efficacy,
that is regarded as the main bulwark against instability.”