Tell me your thoughts on the video. Is Monarchy as is claimed in the video the key to lower time preference in societies?
And democracy necessarily the incentive to high time preference?
Ice Man said:Do you have a video on what "Time Preference" means first?
Zelcorpion said:Monarchy has more problems long-term than democracy. Sooner or later you end up being led by the moronic grand-grand-son of the genius king.
Democracy can be good or bad depending, but I would count a Republic as superior.
Even more superior would be a meritocracy that tests for psychopathy and has usury-free money creating enshrined in the constitution as the first amendment.
Also never forget that a monarchy encompasses a large aristocracy class, a moronic class system and other wonderful gimmicks. Plus - try to tell Mr. Highborn that he is a moron and lazy fool, when he is given the general position as his birthright. That is why Napoleon wiped the floor with the aristocratic military leaders that led most European armies.
infowarrior1 said:I agree with you on the ascension of the hierarchy through merit. And I can't think of a better example but Genghis Khan who appointed commoners like Subutai simply on the basis of merit and loyalty as one of his top Generals. Who on a simple scouting mission utterly defeated the western nomads and the armies of Eastern Europe.
So how are the best men going to end up in power without being overtaken by power-hungry psychopaths and incompetents?
Pride male said:Only a dictator can save the Western world now. Like an Augustus, Julius Caesar, Mussolini type.
Pride male said:^Equality can be achieved...in a hunter gatherer society.