Charles Hugh Smith-The Master Narrative Nobody Dares Admit: Centralization Has Failed
I’m amazed at how fast this global meltdown & awakening is occurring………. TL
All centralized systems, open and shadow alike, act as heavy taxes on the society and economy. This is why they cannot compete with the forces of networked decentralization.
What's the key driver of this master narrative? Technology, specifically, the Internet.Gatekeepers and centralized authority are no match for decentralized knowledge and decision-making. Once a people don't need to rely on a centralized authority to tell them what to do, the centralized authority becomes a costly impediment, a tax on the entire society and economy.
Centralization itself is the disease, and devolving power to decentralized nodes based on the transparent power of the Web is the cure.
Centralized authorities face an impossible double-bind:
The highly centralized Elites controlling China are engaged in a desperate campaign to constrain the Web in China to what they deem supportive of their regime. You can't fool Mother Nature for long, and the Chinese are trying to tame forces akin to Nature.
Here in the U.S., our Central State and Financial Elites are also desperately trying to maintain their control, even as their control strangles the economy and social innovation.Being controlled by five "too big to fail" banks and six media corporations is like being dominated by the buggy-whip industry and the horse-manure-collection industry.
The way forward is to dismantle the five banks and six media companies and allow 500 banks to compete in a transparent market but be unable to buy other banks or other companies. If there are 500 banks that are forced to compete in a transparent marketplace, it will be very difficult for those corporations to purchase the political power the TBTF banks own.
The Federal Reserve is the ultimate centralized horse-manure-collection industry.