In his mind, the end goal is social ownership of workplaces and thats it.

Like look, this is what a bit does, imagine the good when its full commie

Blockchains could solve a lot of govt corruption and stuff

main reason being you cant change the record unless u undo time

the good ones at least

Democratizing the workplaces, huh

No more bosses?

Correct

I can't imagine that going very well

already happened via steem cuz we have voting

Because the most effective person isnt the person people would like

Workers have a stake in the compnay and they form comitees to make decisions.

no 3rd party either you can earn

Like someone who will work you to the bone

Most of the workers in any company aren't educated about what helps the company

You want the guy whos easy on everyone

Give alot of benefits

Like dems and the US

it's a democractized workplace inside the crypto / bitcoin economy

I should also remind everyone here that this actually did happen once in a small republic immediately after world war two

For instance, the boss is chosen because he knows about financial decisions, and how the value of the company matters

They formed comitees to vote on things and even held a council of elected representatives to make changes for the country.

This country is currently known as the Democratic Peoples Republic of Korea

Oh jesus

if that works for the company but the thing is capatlism needs room to work

Well atleast the name was true at first

so obviously capatlism didnt have enough room to work

in NK

Dude look at singapore

In history we have a saying: "If a country has democratic or peoples republic of in its name, it is neither"

They started of dirt poor

And are one of the smallest countries in the world

they have strong position in trade

But in less than a quarter century, they're one of the best countries on the planet

Authoritarian yes

nothing wrong with that but it's a result of debt boom peroid

But still really really rich

With high standards of living

just like USA and canada etc

They had full free market with minimal taxes

they used debt to boom the country