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RobSFO 1 month ago
@nat brunell , FYI: Most of the questions you asked have been thoroughly explored by Ayn Rand (in the 1960-70s so lacking Bitcoin context of course). @Jeff Booth does a great job at bridging these ideas to the modern world but a study of the philosophical roots can help to really grasp the fundamentals. Here's a quick non-exhaustive list of references for you to check out if you want to go deeper on the topics: QUICK REFERENCE LIST: INFLATION, RESONANCE & DEFLATION (Q1, Q6) ---------------------------------------- 1. Inflation - Its Cause and Cure (Ayn Rand Letter, Vol III No 10, 1974) Excerpts: Full: https://estore.aynrand.org/the-ayn-rand-letter-vol-iii-nos-1-12-1974.html 2. Let Us Shrug Off the Myth of Inflation (Ayn Rand Letter, 1974) Excerpts: Full: https://estore.aynrand.org/the-ayn-rand-letter-vol-iii-nos-1-12-1974.html WHAT IS CAPITALISM? MISCONCEPTIONS (Q2) -------------------------------------- 1. What Is Capitalism? (Capitalism: The Unknown Ideal, Ch 1, 1966) Excerpts: Full book: https://aynrand.org/novels/capitalism-the-unknown-ideal/ REGULATION, GREED & CORPORATE HARM (Q3,Q4,Q7) --------------------------------------------- 1. The Anatomy of the State (Ayn Rand Column, 1973) Full essay: https://ari.aynrand.org/issues/government-and-business/the-anatomy-of-the-state/ Context: 2. America's Persecuted Minority: Big Business (Capitalism: The Unknown Ideal, Ch 2, 1966) Excerpts: Full book: https://aynrand.org/novels/capitalism-the-unknown-ideal/ 3. The New Fascism: Rule by Consensus (Capitalism: The Unknown Ideal, Appendix, 1966) Excerpts: https://aynrandlexicon.com/lexicon/fascism.html Full book: https://aynrand.org/novels/capitalism-the-unknown-ideal/ 4. The Nature of Government (Virtue of Selfishness, Ch 1, 1964) Full essay: https://ari.aynrand.org/issues/government-and-business/the-nature-of-government/ Lexicon: DECLINING QUALITY & CORPORATE BLAME (Q5) ---------------------------------------- 1. The Moratorium on Brains (A Nation's Unity / Ayn Rand Column, 1963) Full essay: https://ari.aynrand.org/issues/culture-and-society/the-moratorium-on-brains/ Context: SELF-INTEREST, PROFITS & MARKETS (Q6) ------------------------------------- 1. The Virtue of Selfishness (title essay, Virtue of Selfishness, 1964) Excerpts: Full book: https://aynrand.org/novels/the-virtue-of-selfishness/ MONOPOLIES & PATENTS (Q8) ------------------------- 1. Patents and Copyrights (Capitalism: The Unknown Ideal, Appendix, 1966) Full essay: https://ari.aynrand.org/issues/intellectual-property/patents-and-copyrights/ Lexicon: WEALTH CONCENTRATION & MONEY (Q9,Q10) ------------------------------------- 1. The Roots of Money (Ayn Rand Letter, Vol I No 23, 1972) Excerpts: Full: https://estore.aynrand.org/the-ayn-rand-letter-vol-i-nos-13-26-1971-72.html 2. Don't Let It Go (Voice of Reason, 1989 posthumous, orig 1970s) Excerpts: Full book: https://aynrand.org/novels/the-voice-of-reason/ UBI, WELFARE & MINIMAL GOV (Q11,Q12) ------------------------------------ 1. The Question of Scholarships (Ayn Rand Letter, Vol I No 3, 1971) Full essay: https://ari.aynrand.org/issues/education/the-question-of-scholarships/ Context: https://aynrandlexicon.com/lexicon/scholarships.html

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So your answer to debate the cons of for profit capitalism is for me to re read pro capitalism books? Surely you can see the irony in that. I would not approach a subject where I am not well informed of both sides.