On Thu, Feb 17, 2011 at 2:24 PM, Douglas Rushkoff <[email protected]> wrote:
Most simply, p2p currencies were made illegal because the people were getting wealthy. There was a new middle class actually creating and exchanging value, and the aristocracy had to stop this before they lost their artificial hold on power. So they made money illegal, and chartered monopolies to do all the business (in return for passive returns).
Capitalism is all about "private property," true enough, but it's mainly property in controlling access to natural opportunities so as to extract rents from them. "Competition is Theft" http://c4ss.org/content/3853 "Yes, the Rent Really is Too Damn High" http://c4ss.org/content/4480 -- Kevin Carson Center for a Stateless Society http://c4ss.org Mutualist Blog: Free Market Anti-Capitalism http://mutualist.blogspot.com The Homebrew Industrial Revolution: A Low-Overhead Manifesto http://homebrewindustrialrevolution.wordpress.com Organization Theory: A Libertarian Perspective http://mutualist.blogspot.com/2005/12/studies-in-anarchist-theory-of.html