Democracy is a Form of Government Where Power Originates With the Citizens Fact
Democracy is a form of government where power originates with the citizens, the citizens then either rule directly or delegate power to representatives.
Competition is the concept of competing. Humans are social creatures, thriving on competition and cooperation, from sports, to games, to markets, to mating, to viruses, to the animal kingdom, to systems in entropy striving to conserve energy, the universe is a system of competition and collaboration.
Democracy is a form of government where power originates with the citizens, the citizens then either rule directly or delegate power to representatives.
It isn’t true that everyone acts out of self interest, but generally people tend to act in accord with their perceived self interest and “moral sentiments.”
Despite two parties dominating politics due to a majority being needed to win elections, the United States doesn’t officially have a two-party system. Parties aren’t even mentioned in the Constitution.
As Mises said, “all action is human action”. In other words, although we form groups that can indirectly act through consensus, groups themselves aren’t physical entities (and thus they can’t act directly).
All collectives are comprised of individuals, and all individuals comprise collectives; thus we can never fully consider collectives without considering individuals, or vice versa.
We present an essay on the purpose of the laws and government to better understand how liberty, rights, equality, and justice are inseparable in nature and in civil society.
In 1602, the Dutch East India Company (VOC) became the first publicly traded company when it sold shares on its own Amsterdam Stock Exchange (the first stock market).
Game theory involves games, but it isn’t the study of games. It is the study of mathematical models of conflict and cooperation regarding decision making.
For a given market, the choice always boils down to state intervention vs. the free-market, there is no third option (unless you count mixed-markets).
Andrew Carnegie, John D. Rockefeller, and other Barons of Industry freely gave away most of their fortunes to charitable and philanthropic causes.
Nicola Tesla and Thomas Edison were rivals, not enemies. Tesla and Edison butted heads publicly, but generally respected each other.
Adam Smith can be considered the father of modern economics due to his influential works which explore the mechanics of morality, markets, and capitalism in an industrialized society.
Collective intelligence is the wisdom of crowds, or the intelligence of groups, the intelligence that arises from cooperation, competition, and other group dynamics.
A person can be a “lone genius”, but as an essay called “Deconstructing the Lone Genius Myth” points out, genius is in many ways a collective process.
Game theory is “the science of strategy,” a branch of mathematics that studies the strategy, rules, and statistics of decision making games and applies it to other fields.
MOBA means Multiplayer Online Battle Arena. It’s a sub-genre of Real Time Strategy (RTS) focused on team-based player-versus-player (PVP) competition.
The term eSports describes competitive video gaming as a sport. eSports typically involve team-based gaming as a spectator sport with ranked matches.
Wolfenstein 3D (1992) popularized the First Person Shooter (FPS) genre, building on mechanics of earlier 3D maze games like Maze War (1974), Spasim (1974), and MIDI Maze (1987).
Humans are born both selfish and compassionate; we are hardwired to show compassion to our group and fear to those outside it. It’s genetic self-interest.
Humans are hardwired to be social beings. We naturally cooperate, care, and compete. From quarks, to cells, to plants, to animals, cooperation is in our DNA.
Money can buy happiness in some ways, and cause unhappiness in others, studies have shown that different types of wealth and income affect happiness and unhappiness in a variety of ways.
The 1969 film Easy Rider inspired the culture and fashion of the South Bronx gangs who went on to create hip hop as an alternative to gang violence.
The 1969 film Easy Rider inspired the culture and fashion of the South Bronx gangs who went on to create hip hop as an alternative to gang violence.
“Survival of the fittest” means that those who are best adapted to their environment thrive and tend to be favored by evolution due to “natural selection”. It does not mean that “only the most physically strong or mentally strong thrive”.
Computer Space became the first mass produced arcade video game in 1971. It was released the year before it’s creators formed Atari and created Pong
Competitive sports became popular in the United States from 1850 – 1950 because of lighting technology, mass media, and developing labor and education laws.
Pro wrestling is planned, scripted, and rehearsed, but much of a given match involves the real and spontaneous execution of well-practiced moves and routines.
We explain Marx’s conflict theory and other conflict theories to show how tension between social, political, material, and other forces manifest.
We describe a “purple strategy” modeled off purple state politics, for the Defense of Western Liberal Democracy and Republicanism.
We discuss the importance of individualism and the complexities involved in balancing the spirit of Individualism with collective responsibility.
The United States can be thought of as a union of diverse and sovereign regions, of sovereign people, who agree on the basic principles of democracy, republicanism, federalism, and liberalism in general.
We explain how experience and social interactions shape our frame of reference and create ideological bubbles, and how this creates confirmation bias and “bubble filters” that reinforce these bubbles.
In general, four powers have ruled over the citizens of a nation in any era, these are Barons, Churches, Kings, and Citizens themselves.
Populism is a broad term that generally describes popular sentiment felt by the working class against the elites. It can look like social conservative nativist right-wing populism or social liberal progressive left-wing populism.
In modern history political factions have often been represented by a color, we look at political color to understand color politics.
Below we explain how currency gets into circulation via the Treasury, Federal Reserve, and banks, and the role Congress, banks, businesses, and you play in the process.
We explain the Financial Crisis / Great Recession of 2007 – 2009 that began with the 2006 housing bubble, led to a recession in the U.S. by December 2007, and became a global crisis by 2009.
Below we present an annotated version of Andrew Carnegie’s 1889 essay Wealth (better known as the Gospel of Wealth).
Social Contract Theory is the theory of why people form governments based on how people lived in a State of Nature before government.
Collectivism describes ideology (political or otherwise) that favors the collective, like-wise Individualism describes ideology that favors the individual.
We explain Adam Smith as a Moral Philosopher, and explore how his Theory of Moral Sentiments connects to his economic theory from The Wealth of Nations.
“The invisible hand” is a term used by Adam Smith to describe the theory that self-interest leads to social and economic benefits in a free-market.
Below we present an annotated version of Andrew Carnegie’s 1889 essay Wealth (better known as the Gospel of Wealth).
We explain Oscar Wilde’s The Soul of Man Under Socialism to illustrate his prophetic take on non-authoritative individualist socialism.
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