So many of my friends in the liberty community have adopted a doom and gloom, hopeless outlook. They imagine that the end of the corecive enterprise is impossible, that too many people not only accept coercive enterprises, they embrace them. Yes, I believe that is true. I believe that most people, 90 percent or more, WANT coercive enterprises, even if they don’t want the particular one that they are now embroiled in.
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But, that being said, and acknowledged, there is STILL no need to believe that the end of the coercive enterprise model is not possible. Take this story right here, the story of Vladimir Putin declaring that “We believe that the G20 will take a leading role in shaping international regulations in this area, improving international financial systems so all economies can benefit from it, including in the developing world remains high on the G20 agenda.”
What Putin is specifically talking about is Blockchain technology, which, if anyone is unfamiliar with it, is a way to share information in a decentralized manner. It’s the technology that made Bitcoin possible. The powers that be recognize the fundamental threat of a technology like this, even as they see usefulness in harnessing a technology like this to more efficiently exchange data within their coercive enterprise systems.
The threat of a technology like this goes far beyond what it actually does, enables decentralizd networks to effectively share and preserve data, but also what this type of technology will do to the mindsets of those who come to understand and utilize such technologies. Blockchain illustraates the efficiency of Ludwig Von Mises’ Human Action. There is little central planning and little need for central planning.
This, in part, is why governments are so keen to attempt to apply central controls to a decentralized system. It’s about more than preventing the unregulated, untracable emergence of decentralized networks, it’s about combatting the emergence of a narrative that WILL change minds, that centralized systems, such as coercive enterprises, may be fast becoming outmoded, and that decentralized systems, like models of governance built around free associations, ARE not only possible BUT more effective at meeting the needs of the people these systems serve.
Don’t get ready just yet to forgo paying taxes to your coercive enterprise without facing the possibility of violent repurcisions, but don’t lose hope, don’t despair, technology, both new and even ancient technologies, is tilting the balance of power AWAY from centralized governance models and TOWARDS decentralized FREE ASSOCIATION models. The end of the state, coercive enterprise, will not come with bang, but a whimper, to borrow a phrase from T.S Eliot’s poem, The Hollow Men- “This is the way the world ends
Not with a bang but a whimper.”
There will be no major revolutions, no sudden upheavals of armed peeople throwing off their shackles, rather it will be the slow undoing of the state by systems that outperform it, with little battles along the way as the state attempts, like Putin is trying to do at the G20, to block the flow of information that is revealing, more and more, the power of decentralization over centralized systems.
Read the article this editorial is based on here: