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Troy's avatar

This is a good post under which to shill Contingentative Capitocracy. Capitocracy is where the government becomes a corporation of shareholders who hold and trade stateshares. One share equals one vote. There are also privileges given only to those who own enough stateshares (eg owning a vehicle can require you to collateralize 100 stateshares first, owning a jet a 1000, a tank 10000, etc). Also, promotions in the state (military, bureaucracy etc), would require a certain amount of stateshares by the official to be locked away first. This ensures everyone in the state is sufficiently invested into the state such that their incentives align. Optimally, the stateshare requirements for each level of official position would be calibrated such that everyone in the state would care more about the marketprice of the stateshare (and therefore their own (non-liquid) net worth) than about their own income or rent from their respective positions.

The 'Contingentative' part of Contingentative Capitocracy extends this concept not just to the state officials (where every official must be invested into the state before their induction into said state) but to everyone in the entire country (the geographic area where the state has the monopoly on force). This includes citizens, residents, immigrants, tourists, foreign diplomats, etc. The held stateshares must be locked away (collateralized) to above a certain minimum number depending on the privileges that person wants to have access to. Optimally, everyone in the country would have enough stateshares invested in the state which rules them such that every person within the borders would care more about the market price of the stateshare (and therefore their own (non-liquid) net worth) than about their own personal/private property such as corporate stocks, land, intellectual property, etc.

Under this system, the government will become a for-profit that seeks to return a dividend to its shareholders. How the government gets a revenue can be from taxes like we're familiar with, or through foreign efforts that are profitable ;)

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Morris39's avatar

'The opposing faction now mainly retains control l sorts,.... and of professions like construction, engineering, and the military wherein they still proudly apply professional norms of factional neutrality.'Where empirical demonstration is necessary, coincidence?'The main thing I can see that could derail this fast strong train is factional infighting'There is a non-PC term for this, something about firing squad geometry.

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