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Mike Moschos's avatar

American history has one of the best and most effective actually small "p" populist movement in history that not only won, it radically changed the country and restructured its system's decision making architecture in ways that lasted for hundreds of years.

I decided to revisit the period of American history known as the 'Bank War'. After having read five books on it, in order to find out what it was really about I had to pay to access a wide partisan range of papers from the time and then also look through us state level legislative records, and there's something telling about that.

The 'Bank War' and the extended war over the decades that followed was about capital formation, banking and finance regulations, and development economics. California was very close to having a development economics program applied to it that was almost the same as the one that has been applied to the Congo for the past fifty years. Complete with "regulatory harmonization", strict and nonnegotiable economic/legal structures that asserted the concepts of comparative advantage and a highly precise American continental division of labor. Well, we've seen the results for each.

Thanks to the actual small "p" populist Jacksonians, the United States once had genuinely democratic governance structures, however imperfect and limited, fundamentally based around decentralized and publicly accessible mass-member parties. The Democratic Party, as a small "d" democratic institution, and the Republican Party, as a small "r" republican institution, were honest in their naming and functioned within a politically, economically, governmentally, financially, and scientifically decentralized system. These parties, while far from flawless, allowed for real representation, meaningful participation, and a level of public accountability in political, economic, governmental, financial, and scientific decision making.

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Aladdin Sane's avatar

That was really encouraging. I like the hope in the human spirit that you illustrate.

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Michael Woudenberg's avatar

Great post. I love that Trump is breaking the system and the screams of protest are the music of dying fraud, waste, and abuse. You are right, it's not created for efficiency or to serve. It's there to enrich, employ, and obscure graft.

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ric leczel's avatar

Gen-X has always hated the man. the trouble has always been who is the man to hate. as teenagers, it was local cop Officer Adams. as adults, the same people that cruised the same streets and cursed the same cop are now somehow on the other side? cursing me for being the man?

when i managed people and systems (and cared about both) when something broke, i asked myself - system problem or people problem?

people problem easy - coach them up or coach them out.

system problem hard - repair the system or rip it out and get a new one.

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Grant Smith's avatar

If you take neofedual reviews latest at face value and apply to your thesis here, Trump adapted to go faster than any other president and accelerate the looting amassing a 40B+ fortune from $TRUMP.

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ric leczel's avatar

that's going to marinate a minute in my mind. please expand . . .

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Grant Smith's avatar

This is the article: https://neofeudalreview.substack.com/p/trump-20-has-already-stolen-more

I see the narrative behind the setup for both articles to be consistent with a sharp divergence when Trump wins the 2024 election. Even then, there are strong parallels. You both say he's working around and exploit the system with your position being that the overall angle is service to the American people and NLF's being that he was forced by both carrot and stick into abandoning that pursuit for unmitigated self-enrichment.

I think Beer's "purpose of a system is what it does" is central to the point each of you are trying to make with the only difference being how you're both describing exactly what is happening at the moment. What exactly is the system doing right now? You offer competing explanation despite seeming to share many priors. I don't know that I'm articulating this very clearly, but I'm confident you'll have a good sense of the point I'm trying to make just by reading NLF's article.

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the long warred's avatar

Subscribed

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ric leczel's avatar

i sincerely appreciate the support!

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