The rich having more power is definitely a property of steem. We could discuss if that is a bad thing and how it can be fixed but that would probably mean ditching proof of stake.
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The rich having more power is definitely a property of steem. We could discuss if that is a bad thing and how it can be fixed but that would probably mean ditching proof of stake.
the problem is that we keep trying to use capitalism to fix the faults of capitalism. There is no "good" network we could make that functions on these ideals
Check out abundance societies, they are not capitalism.
I was talking about steem, but alright it sounds interesting
alright are you talking about post scarcity? I was hoping it would be something different but that's all that came up.
Steem is not capitalism. In capitalism, rewards would be given directly from the consumer to the authors. That is not the case here.
capitalism is private ownership of capital. I'm not talking about your special brand of "ultra-super free market consumer orientated trickle-down capitalism"
Yeah, but the rewards pool does not function as privately owned capital.
steem power
I understand your point, but it is still not the same. He doesn't have to give away his wealth in order to spend reward pool money. The reward pool is owned by the Steem community and distributed according to a set of unnatural rules.
"The reward pool is owned by the Steem community and distributed according to a set of unnatural rules."
capitalism itself is an unnatural rule. Private property can only exist through force
"He doesn't have to give away his wealth in order to spend reward pool money."
that has nothing to do with capitalism. Its just investment capital, the most destructive form.
" He doesn't have to give away his wealth in order to spend reward pool money"
actually they lose the opportunity to use it on themselves, so even if its not relevant its still wrong