Re:The Ethereum merge is done
by mort96 on Friday September 16, 2022 @06:01AM
(#32864208)
51% of people being able to enslave the other 49% of people is terrible, and there absolutely should be measures in a democracy to protect minorities against majorities.
But what's usually left out when people bring out that argument, is that the alternative is worse. If the 51% can enslave the 49% in a democracy, then the 1% can enslave the 99% in a system where people vote with their money. In both versions, you need to protect groups with less power, but democracies distribute power much, much better than "capitalocracies" where 1 dollar = 1 vote.
Re:The Ethereum merge is done
by MrMan on Friday September 16, 2022 @10:35PM
(#32874273)
Well the course we are on will result in the poor 99 percent murderinging the 1 percent which I am curious about, and my tone is neutral and I am steelmanning the 1 percent
But what's usually left out when people bring out that argument, is that the alternative is worse. If the 51% can enslave the 49% in a democracy, then the 1% can enslave the 99% in a system where people vote with their money. In both versions, you need to protect groups with less power, but democracies distribute power much, much better than "capitalocracies" where 1 dollar = 1 vote.