So everything has been running in successively more nested layers of virtual machine, ever since the Magna Carta. What we need is for someone to start a "rust for civilization" project.
Further thought: could the thing that's happening be that money is getting less real? So it takes more of it to "push the string."
To me it seems that heavy redistribution, with high taxes and a basic income, could help make money more real.
One has to trust the opportunity landscape has shifted due to the Internet, and now capital accumulation is not a requirement for innovation. Otherwise it looks really scary to tamp down on the idea of capital accumulation. Especially to the bankers, who might be out of a job.
Further thought: could the thing that's happening be that money is getting less real? So it takes more of it to "push the string."
To me it seems that heavy redistribution, with high taxes and a basic income, could help make money more real.
One has to trust the opportunity landscape has shifted due to the Internet, and now capital accumulation is not a requirement for innovation. Otherwise it looks really scary to tamp down on the idea of capital accumulation. Especially to the bankers, who might be out of a job.