/biz/ - Business & Finance

/XMR/ general weekly book club - WEEK 5 being late edition

This is the fifth week of the book club, with chapter 10 of the book "The Sovereign Individual" by Sir William Rees-Mogg and James Dale Davidson.

Now a brief (but not comprehensive enough) description of the chapter:

>Chapter 10: The twilight of democracy
>It is no secret that democracy has been relatively rare and, fleeting in the history of governments. In those times, ancient and modem, where democracy has prevailed, it has depended for its success upon megapolitical conditions that reinforced the military power and importance of the masses.
Getting close to the end of the book, the authors choose to tackle the (non)issue of what future governance might look like. Building on previous chapters, modern democracy arose as the most efficient manner of extracting the most amount of resources out of its citizens. The rise of mass-democracy was no doubt a megapolicial phenomena as well, that is bound to be altered to skew towards market choice. This was hinted at previously with the "governments for customers", however now the dichotomy between economic and political choice becomes clear. And to ultimately answer the question, the book poses the example that a customer shopping for a new pair of jeans does not care if the seller is a LLC, publicly trader or held by insiders, he only cares about how it'll serve him for what cost. The authors expect the same to happen with people "shopping for sovereignties"

Questions:
1. This chapter says a neo-luddite reaction will include proposing "stakeholder capitalism". I'd argue that this is clear that such sentiments are rising among "leftist politics" with UBI or on the more extreme spectrum accelerationism (both sides). Is this happening, or just a momentary trend. If the rising political solution is increasingly non-political, will there be a violent infliction point of this trend when it comes to fully embrace the new dynamics of the world?