“The new tech sector had a libertarian ethos about it. They didn’t care about the government and its bureaucrats. They didn’t have lobbyists in Washington. They were the new technologies of freedom and didn’t care much about the old analogue world of command and control. They would usher in a new age of people power.”

I was there. It was glorious. And now…

“Here we sit a quarter-century later with documented evidence that the opposite happened. The private sector collects the data that the government buys and uses as a tool of control. What is shared and how many people see it is a matter of algorithms agreed upon by a combination of government agencies, university centers, various nonprofits, and the companies themselves. The whole thing has become an oppressive blob.”

The good news: Bitcoin gives us a way out and way back. Many just don’t know it yet.

https://brownstone.org/articles/how-did-american-capitalism-mutate-into-american-corporatism/