Obviously democracy is not working, is failing catastrophically. The productive are outvoted by the gimmedats, in large part non asian minorities and white sluts. Moldbug’s solution is simple: Dictatorship, evolving into Monarchy. The dictator, he hopes and expects, will fire all government employees, except for military, police, and some tax collectors. What use are all the rest of them to a strong dictator?
A good government is a stationary bandit, since a stationary bandit has an incentive to shear the sheep, rather than flay them. A bad government is a mobile bandit, and the government service in democracies increasingly approximate mobile bandits. Each bureaucrat seeks to increase his power and wealth, even if the total burden is well above the Laffer limit.
The trouble is that a dictator is not necessarily a stationary bandit: A secure dictator, for example a martial and charismatic monarch of a long established dynasty, is a stationary bandit. Unfortunately, not only are long established dynasties in short supply, but when you have one, the legitimate heir to the throne is seldom martial and charismatic. Read the rest of this entry »