The God That Failed

Recommended by Olivier Janssens, and 1 others. See all reviews

Ranked #25 in Libertarianism, Ranked #37 in Democracysee more rankings.

The core of this book is a systematic treatment of the historic transformation of the West from monarchy to democracy. Revisionist in nature, it reaches the conclusion that monarchy is a lesser evil than democracy, but outlines deficiencies in both. Its methodology is axiomatic-deductive, allowing the writer to derive economic and sociological theorems, and then apply them to interpret historical events.

A compelling chapter on time preference describes the progress of civilization as lowering time preferences as capital structure is built, and explains how the interaction between...

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Olivier Janssens @zndtoshi Of course I did, great book. There's a difference between "1 person 1 vote" versus Stakeholder Voting. There's always a form of "voting" going on (even when voting with your feet). In this case, miners/stakers need to make the final decision, but it should be an informed decision (Source)

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