The digital revolution will reinvigorate the West, lifting us out of our big-government-induced stupor. The West arose because Europe, unlike the empires of the Ming, the Mughals or the Ottomans, was never politically centralised. Europe progressed because no oligarchy could ever impose its idea of what progress should look like. Since the Treaty of Rome, Europe has stagnated because a centralised elite is trying to run a whole continent on the basis of blueprints.
Maths and technology are about to do to the grand planners in the West what the collapse of Communism did to the socialist planners in the old Soviet bloc. We are about to be set free not only from the grand plans, but from the conceit of the grand planners.
I agree that it\’s a possible outcome.
But sadly it\’s not an assured one.
The trick will be to ensure that there is a market in everything. Yes, including tax rates, tax systems, systems of governance. There must be exit, at least the possibility of it, for anyone from any of these.
Above all, the fight is against those who would impose one system upon the entire world. Any system at all: whether it be about the legality of drugs (currently covered by a UN treaty) or who is allowed to have what money in which bank. For monopoly is the very antithesis of markets.