Governments Are Going To Have To Compete
To say we live in interesting times is an understatement.
There is a lot going on. To start, we are in the middle of a major technological boom that is going to radically alter society. While we cannot know exactly what will be the winner, we can see how things are changing before our eyes.
At the same time, governments are starting to really lose the confidence of the general public. The political spectrum is so divided that we are likely to see violence in many areas. Governments along with their crony institutions (mainstream media, CDC, Big Pharma, etc...) are starting to be question. What use to be the domain of conspiracy theorists is now starting to spread to the masses.
We are likely entering a period where the next 10 years sees a massive collapse in the confidence in government. Much of this is tied to the economics. As I wrote the other day, the EU is just about cooked. This is going to send shockwaves through the entire global economy.
Unfortunately, this is probably the first of a number of epicenters that implode. In many ways, the debt gig is up.
This will also have a profound effect on how people relate to governments. Due to technology, we are likely to see a shift which will surprise many.
Free Agent Populations
Anyone who watches professional sports knows how teams behave when a top-notch player reaches free agency. All that are interested court the player. It is similar to a college recruiting trip.
The red carpet is rolled out. Agents are bombarded with phone calls. The offers come flying in. A bidding frenzy starts to take place.
We know all the power resides in the hands of the player. If he is that talented, most teams want him. Thus, the selection is putting the ball entirely in his court.
It is a situation that could be repeated with populations. We could see "free agency" enter here.
There is no doubt that many developed countries are facing demographic issues. This means they are facing an aging population followed by a likely decline in numbers. Global decrease in birthrates has all but ensured the demise of many countries. Even if they wanted to stimulate more births, the population is such there aren't enough women (of reproductive age) to pop out enough kids.
In other words, that train has passed.
Which means the only option is immigration.
Traditionally, this was the arena of refugees and migrant workers. While some higher end individuals fell in this category, it was often on a short term basis. The lower middle class and below is where we found the mobility.
This is something that could be extended to include most everyone. We are going to see changes that will likely make governments desperate.
Remote Work
At the core of this is remote work. Technology is allowing anyone who looks at a screen tied to the cloud the option of working from anywhere with an Internet connection. Basically, with the addition of something like Starlink, this means anywhere in the world in a few years.
This is revolutionary.
Suddenly a bunch of middle-to-upper middle class workers can relocated to a country during their working years. We saw, in the past, retirees often leave a country for lower cost of living areas. Now, we could see this taking place on a bigger scale.
Keep in mind all those countries that have a large population today but are facing a decline. That likely equates to a reduction in the economy, something that governments cannot afford.
In short, they need to attract people.
There is another wild card in all this. We could see second world countries start to accelerate the process.
Let us say an El Salvador decided it wanted to attract 250K people making $60K or more a year. This is a reasonable number considering its proximity to the US along with its climate.
The path would simply include investing in infrastructure, policing, and other services that are required for the standard of living these people are accustomed to. Of course, the appeal is the lower cost of living along with a potential reduction in government intrusion.
If the country does not offer this, it will not meet the hypothetical objective.
Now consider this across the entire world.
Let The Competition Begin
It will only take a few nations to start the process before all you know what breaks loose.
Never before has migration been so easy. In the next few years, technology will advance it to the point whereby people can basically be operating from anywhere.
Historically, the migration of populations typically followed the jobs. People moved for employment. This is not going to be a consideration. As more engage in remote work (digital if you will), the need to be in a specic geographic location will dwindle. This could really take on new meaning if the network-state ideas starts to take root.
All of this means governments (politicians mostly) will have to compete. No longer can they operate in a tyrannical fashion since people are going to depart. Those facing existing demographic issues will be confronted with a multiplying factor. The first wave will be a brain-drain since the educated and affluent are always the early ones to leave.
This will only spread to the other levels of society.
In the end, the shift in power will be stark. It is unlikely that many are looking at things from this perspective.
Nevertheless, it is a probable outcome within the next 20 years.
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One of the kids books that I read my son has this as something it talks about and the concept of polycentric law, where governments will have to compete for your business as a citizen. It’s remarkable to think about and once the trend takes hold, there’s little going to hold it back from spreading across the entire globe. Definitely some interesting stuff! Much better to think about than the WEF horse shit lol.
Well the WEF is destined to fail like all marxist organizations.
The business cycle has been under attack for hundreds of years and keeps winning. Schwab and co will get run over by it like everyone in the past did.
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There is chronic division amongst people and politics. I can't help but wonder if COVID had a cognitive impairment. We recently had an incident where a school principal thought the Government was trying to take over and set traps around his home and lured young police members to his remote property and ambushed them.
The world is going insane, economic times are hard but they aren't burn down Rome hard yet.
Tyranny is running full force, especially in your neck of the woods. It is absolutely insane.
I have a feeling this politicians are not going to like what happens when people wake up as to what is going on. Once it gets out, they are going to be in trouble.
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It's been going on for years, people don't budge. Interest rates spiralling out of control and housing still a core issue with all these cartels land banking in a nation that's virtually empty. Makes no sense
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attention economy stronk
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Going to be a radical shift.
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Everything you said is true, the government would soon battle technological advancement to the point that they might not even earn support anymore from masses.
However if everyone can have a skill to be independent, such time is just by the corner and with this there will be less of curruption despite it's a doom time.
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Atlas Shrugged. It's pretty amazing how some of the Star Trek and old Sci-fi movies had some of today's tech in them. Ayn Rand is looking like she's getting some of the evils of today's governments right. Like all things, it seems simple in hindsight. But writing about this stuff in the mid-1900's is pretty nuts.
The world keeps changing. It's kind of scary to think of the incredible changes in just our lifetimes. From switchboards to half the world running around with more computing power than it took for NASA to put someone on the moon, all in the palm of their hand. In another 40-50 years, what "unbelievable" things will our kids be telling their kids about?
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Yeah. With the pace of technological advancement, it is hard to comprehend where things will be in 50 years. I was born more than a half century ago and the change in the first 30 years of my like in terms of society was huge.
I believe we are in the same type of jump period. The next 20 years will see a massive shift within society.
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Agreed. The question is whether it will be forward, or backward. I feel like there's a legitimate chance there could be a major world war that could set everything back a long way...
I thought population explosion is THE threat. For governments to compete and the reduction in government intrusion, that's my ideal world. I think if that will happen, it would greatly reduce the socioeconomic unrest.
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Total bullshit. Look at fertility rates around the world.
This is not 2010. That was a concern a decade ago. Now it is disproven.
Both China and India, the two largest populations, are below replacement rate.
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Disproven and yet it appears that many still hold to such a narrative.
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When the rate of globalization starts speeding up, governments would finally accept that they've lost control. The trust in governments have declined a lot over the past few years. People are just sick and tired of them.
I think it will still take some time before it happens but I do think it's moving that way. A lot of digital services make things a lot easier but I think we need VR/AR to increase the digitalization of things. As of right now, we don't get out of the house as much but we still have to interact with it to a degree.
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Some of that seems based on the assumption that the ruling class cares about the fate of the nation they serve instead of caring about personal gains while their power lasts. The only policies being thrown around are con schemes to stay in power a bit longer so more of the real wealth could be drained. Buying votes with worthless stuff making it more worthless in the process.
Then again, that logical conclusion about the competition (smart players would start their late game early) should at some point come to be accurate. The question is how far do we go before that (how smart are the players that be)?
Who are the smart players?
Those who believe they can deny/eliminate the business cycle? They have been wrong for centuries.
It is why Schwab and the WEF will fail miserably. They will be run over by it completely.
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No, surely not those. Those are the greedy ones. Unfortunately, I used smart players mostly in a hypothetical sense. If any, I'd look for them somewhere in developing countries. Those that haven't yet been softened by the "good times". But mostly what we find there is corruption, too.
Paradoxically, it is the developed countries that pave the way to disaster by resorting to stimies / UBI programs. They would attract people, perhaps, some quantity but definitely not the quality that is needed for good old work. Again, they are not buying workers, they are competing for short-sighted voters. Which are the majority of the world's population. And I am not talking only about low education, illiteracy, and stuff. People who consider themselves smart still fall for this.
Everything you said is true, great post! Keep up the great work.
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