Technological Indigestion

“We think of capitalism as being locked in an ideological battle with socialism, but we never really saw that capitalism might be defeated by its own child — technology.”

Eric Weinstein via Andrew Yang & Vox
Stay Tuned with Preet – Mueller Speaks & The Underdog (with Andrew Yang)

There were several statements from Andrew Yang in the episode that were quoteworthy. The Vox article is quite quoteworthy as well.

“The greatest danger,” he told me, is that, “the truly rich are increasingly separated from the lives of the rest of us so that they become largely insensitive to the concerns of those who still earn by the hour.” If that happens, he warns, “they will probably not anticipate many of the changes, and we will see the beginning stirrings of revolution as the cost for this insensitivity.”

Why capitalism won’t survive without socialism

As I pointed out in the article Authoritarianism vs. Humanism and Delusion of Money, socialism and capitalism were never really in opposition anywhere aside from inside the minds of Marxists and robber barons.


The opposing force for Authoritarianism is deeper than socialism, which is why acceptance of socialism as the good is irrelevant in the long run. Authoritarianism is the godhead. The worship of absolute authority over all things living. What opposes it is just as strong, but largely unvoiced. It is an expression of the value of each human life. It is at its core humanism, the valuing of the human over the spiritual or supernatural. The movement that was spawned with the enlightenment and has been forgotten by most people today. Authoritarianism vs. Humanism


Capitalism and socialism are not in opposition. Capitalism and socialism can be present in the same mixed system because they deal with different parts of human interaction. Profit is not evil. Profit, when properly managed, is the reward for the entrepreneurial spirit. Profit, when held as an inviolable sacrement, leads to worship of the wealthy, what Objectivism has turned into over the last half-century. The Trump administration is laboring under this delusion of money. This holy profit-taking. Trump has started beating the drum of red baiting. He is promoting the same old schtick that Nixon and McCarthy did so well with two generations ago. I’ve said this from the moment that he announced his candidacy and he’s proven it daily since the broken system we live in delivered him into office. Trump believes in the zero-sum game and is right now rigging it to favor the wealthy who currently own our country. Delusion of Money

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