Crypto currencies based on the Block-chain technology e.g., BItcoin and the P2P networking are like Stirnerism in economy and finance!

 

The crypto-currencies are recognised as a double-edged blade for economy; it will stimulate economy with its innovative force whereas it also disturbs economy by challenging the already established stable system.  A famous astrologist has warned that these crypto-currencies will face a huge catastrophic shock in their market. 

It might be called an anarchist revolution in the world economic and financial systems. In particular, Stirnerism can be explained as the blockchain P2P network like Bitcoin. 

 

Frankly speaking, Stirnerist socio-political structure can be compared to the network of the blockchain like the one used in the cryptocurrencies such as Bitcoin.  This network system does not have any central server monitoring the entire system as a control tower.  

Instead, each individual computer calculates and verifies the interactions and actions among the community utilising this network system.  This is called the peer to peer (P2P) network where their application architecture is distributed among these individual computers.  These individual computers participate in their tasks and workloads as the peers.  The privilege and the equipment are equally distributed among these peers, and there is no authorities overriding their rules of activities. 

Like this P2P network, Stirnerian socioeconomic model requires the high competency level of all individuals participating in its socioeconomics. Like the P2P computer network system, all the participants must have a reasonably high specification level to cooperatively sustain the entire network structure. Each individual must be knowledgeable about the fair judgement and aware of their self-responsibility of contributing to their public goods and services (I.e., the free ride must be prevented with the best effort).  

 

The P2P network system of both the blockchain and Stirnerism face the identical characteristics of their challenges. This P2P system still need to tackle issues of managing of data serving and access authentication.  Establishing an centralised system is efficient to store and serve the collectively used data, services, and public goods because maintenance can be concentrated on the limited places.  By contrast, the P2P network requires all agents to share the same responsibility of maintaining, managing, and updating their quality of what required to prop up this whole entire system.  

 

In the past when the information technology is not developed as much as nowadays, there has no civilisation having succeeded in establishing such an individualist mutualist anarchist society like Stirnerism even for a short time period.  This is simply because it was unimaginable.  By contrast, Stirnerism has become imaginable to establish to the certain extend by comparing the socio-politics with the hard scientific technology since the introduction of the blockchain and its P2P network. 

There is an expectation that engineers and scientists develop the current P2P network system to transform it to the more efficient and manageable alternative. This innovation expected in the future will be beneficial to continue this currently ongoing revolution of decentralising the structure of both the information technologies and political science.

Stirnerism: The most theoretically completed but the least feasible political philosophy

 

Max Stirner is a political philosopher who invented the idea and the logical construction of individualistic anarchism. This essay comprehensively refers to his political philosophy as Stirnerism. Stirnerism is a unique theory which challenges not only the other non-anarchist political theories but also all the existing anarchist theories. At the same time, Stirnerism seems to be the most theoretically completed but the least feasible political philosophy to implement in real.

In terms of the mainstream political analyses, the establishment of anarchist state falls into either the communism rejecting the private property right and the monetary economy or the survivalist capitalism where none provides the re-distribution of the wealth even when the monopoly oppresses the mass. By means of the feasible policy implementation, it is more likely to end up with resulting in such a state. Stirnerism attempting both protecting the private property right and preventing the wealth monopoly by few.

Stirnerism claims for relinquishing not only the hereditary monarchy and aristocracy but also the nation state itself as well as the entire legal system propping up it. This is the characteristics shared with the other forms of anarchism.  In contrast to other forms of anarchism, Stirnerism distinguishes itself from the contemporary anarchism by insisting on preserving the private property right for each individual and the market economy as a form of their freedom of exchange and choice. It appears each individual's own right to materially deserve her/himself and their own natural desire and own freedom of choice as one of its fundamental principles. Stirnerism regards that the existence of nation state government hinders individual freedom and right instead of protecting them.

 Stirnerism also claims for preventing the monopoly by few hijacking the pure free market economy to protect majority individuals' right to enjoy their freedom and right. In another word, it insists on discouraging another form of government, such as a monopolistic corporation and an organised criminal faction, monopolising both economy and society. This is what John Maynard Keynes thought of with the government positive intervention by reforming its governance instead of abolishing it. By means of economic and social policy, Stirnerism and Keynesian share the similar quality despite their complete characteristic difference. 

To accomplish these Stirnerist attempts, the existence of the cooperative which is sustained by each individual's voluntary contribution to a public administration. The efficient and fair administration of public goods and services will be the key to accomplish Stirnerian deal which is identical to Keynesian policy. Stirnerism replaces nation state government with an alternative operatable form of governance without a nation state, which is the spontaneously established cooperative by the voluntary union of individuals.

This problem which this public sector model based on the cooperative faces is that it requires the high competency level of all individuals participating in its socioeconomics. Like the P2P computer network system, all the participants must have a reasonably high specification level to cooperatively sustain the entire network structure. Each individual must be knowledgeable about the fair judgement and aware of their self-responsibility of contributing to their public goods and services (I.e., the free ride must be prevented with the best effort).  

Instead of one or few authorities commanding the majority to do what they have got to do in their daily life, the majority mass have a lot of responsibilities as an exchange for their freedom and right.  These mass individual must be enlightened enough to look after themselves and be knowledgable and responsible about forming a contract with the other individuals.  In another word, individuals have to be aware of themselves as social beings who are responsible enough to accomplish their social duty as their exchange for living there with their autonomic freedom and right. 

Overall, having taken these issues into consideration, Stirnerism sounds really ideal whilst it also sounds a lot of works to implement in real. More than the other political philosophical theories, it requires almost all individuals participating together to be enlightened enough to understand  and fulfil the required specification necessary for Stirnerian P2P style social contacts.  Perhaps, some future technological advancements may provide individuals with the solution to enable it to be feasible. Hence, it is still challenging to put Stirnerism into practice in real world even though it is still a very attractive as well as interesting theory worth considering for its implementation.

ETH plunging

I have once though that the depreciation of ETH has been caused by the entire crypto market situation. But, as I suspected the faster depreciation rate of ETH, I had a quick research on the endogenous cause of ETH depreciation. 

I found out that the ICO (Initial Coin Offering) demand has substantially dropped this year so that Ethereum's demand itself is now experiencing a massive fall out. 

By referring to a certain YouTuber's advice in his channel, I switched the majority of my ETHs to BTCs as there is still a growth expectation of the blockchain business and the crypto currency technology. 

I left only a few ETHs in case Ethereum may recover to the certain extend. However, I suspect the entire alternative (crypto) coins including ETH and the other emerging crypto currencies will keep facing a plunge at least for a few days. 

 

Tolerating Uselessness

The article entitled "Useless" was posted last time. Its attempt was to prove the uselessness should not treated as a sin and it can actually be a virtue with reference to Taoist teaching. This is an emerging crisis labelling individuals to ostracise them with the useless label, which Prof. Yuval Harari has warned of in his book "21 lessons for the 21st century". Taoism is indeed innovative enough to appreciate the uselessness and the lack of the conformity required for industrial socioeconomic structures. This project is designed to be a salvation for individuals labelled as useless as well as non-conforming. 

The current socioeconomic structure has become more capital intensive than the past. Employees and clients tend to require individuals to be equipped with multiple high skill-sets demanding money and time as well as their talents including efforts, innate abilities, and fortune to be in a right environment to achieve it. It has become materially more convenient with remarkably rapid technological innovations deriving the microeconomic advantages for firms and fortunate talented individuals. By contrast, the rest majority individuals are less likely to enjoy their microeconomic advantages while losing the equality of the opportunity to increase their income, seek better employment, and drastically improve their lifestyle.

The emerging crisis of labelling individuals as useless does not only take place in Capitalism but also in Socialism which regards highly of bearing social responsibility for all individuals. As a matter of fact, Socialism insists on participating in increasing the productivity and individuals' conformity to achieve it more than Capitalism because its productivity is demanded for deserving the whole society. Therefore, the problem of the social exclusion can be intensive in Socialism where none can be free to isolate themselves from conforming to their society. 

Almost all the political and moral philosophies having existed in the world regard of uselessness as the negative characteristic of individuals. They also insist that individuals should bear their responsibility for being non-conformists themselves without seeking supports from other individuals and society. These philosophies affirm there is a socioeconomic model with its standard which individuals are ought to comply with to achieve what they regard highly of. 

By contrast, Taoism is extremely unique as a political and moral philosophy adapting a tolerant perspective in its political and moral philosophy. The element of these academic subjects is intensively the Yang 陽 (light) kind claming for consistency, good-will, order, and perfection. When individuals and their society too much cling to accomplishing what these academic subjects insist on, it disturbs the balanced harmony of the natural world because the Yang 陽 element becomes excess. In order to maintain the balance, it requires to accept the Ying 陰 (shadow) element representing ambiguity, necessary-evil, passiveness, and, most importantly, tolerance. 

Perhaps, the socioeconomics had better focus more than usefulness for achieving their material prosperity and the philosophical and moral perfection. It had better re-evaluating the importance of slowing down the unbalanced growth among individuals and their living environments as well as tolerating the imperfection of how individuals and their society shape themselves. Instead of expecting all individuals to comply with their standard, the socioeconomic should rather take account of the factor that there are individuals unable to either be useful for the society standard or conforming to the social structure. 

All individuals are endowed with something necessary to be born in this terrestrial world by birth although nobody can be sure what it really is. It is extremely arrogant to judge an individual as no worth to live in the world as though someone were pretending to be the creator often called God pleaching. Uselessness in the terrestrial world has the use which is unable to be known by means of the mainstream terrestrial human standard. There are still several matters in this terrestrial world nature which human individuals do not yet know. 

On the other hand, there is an advantage for individuals to be useless. It means that they are less likely to be exploited than those who are treated as useful. Taoism refers to a tree with a distorted shape having survived without being chipped off as a resource. The existence of a tree is already helping to supply oxygen by its photosynthesis and taking a part of the dynamic natural environment. Furthermore, as explained in Taoism, this distorted shape can be comfortable to lean onto to be relaxed with. Judging from this story, an individual labelled as useless and/or non-conforming should be proud of her/himself instead of feeling miserable or giving up her/his life.

Having considered these matters, the tolerance seems to be the key to accept individuals labelled as useless. Instead of either abandoning them being excluded from the society mainstream or forcing them to conform to the socioeconomic standard, it might be feasible not to artificially fix the problem so promptly. As Taoism teaches, individuals had better lean how to be passive to the freely flowing spontaneous natural flow of how their surrounding environment changes. Moreover, everyone should be proud of themselves without being either arrogant or miserable. All in all, useless is just one shape existing in the natural world so that it has its own freedom to exist.

Light Opposition: Buddha was born on the full moon day

Buddha was born on a day of the full Moon which means Moon forms the opposition to Sun according to the astrological aspect. Whereas people usually have some romantic soft mood of the full Moon, it is the hard aspect by means of the astrology. Well, the story of individuals born on the day of the full Moon explains the hard life of Buddha.

In terms of the astrological aspect characteristics, Sun and Moon are so called "Lights" which indicate the core personality of an individual through their life. Sun represents the  entire life plans and values of an individual and their surrounding world social environments. Moon represents various internal characteristics and qualities of an individual such as mentality and innate personality originally endowed by birth. When these Lights from the soft aspect together, what the world environments and society and their own mind are in the harmony. By contrast, when these Lights from he hard aspect together, their mind faces the challenges from the world environments and society. 

In particular, one of the major hard aspects, the opposition, enhances this challenging life situation because it is literally opposing to their mind and innate personality. This challenge works as a good element training and improving this individual with this aspect if s/he is well-aware of her/himself. Furthermore, this aspect, the opposition, is in fact the best aspect to clearly and intensively pointing out the quality of the opposing sign from another. When Lights from the opposition together, it enables this individual's mind to become sensitive to feel something questioning and needing to change in their life and terrestrial world clearly and intensively. In another word, it is the best at enlightening their mind in the world.

These individuals with their natal Lights opposition tend to have a dynamic lifestyle with various challenges coming from both their internal mindset as well as their surrounding external factors. Many of them tend to relocate their place of living and seek challenges drastically reforming their life. It is really convincing that Buddha was born with this hard aspect of his natal Lights, and this is indeed an encouraging story for those endowed with this Lights' opposition aspect including myself.

In conclusion, the natal hard aspect especially of Lights (Sun and Moon) seems to enable these saints to realise something deep in their own life as well as their terrestrial world they have been dispatched to. This indicates that those individuals endowed with the hard natal aspect by birth are capable to challenge and overcome from various hardships and enlighten not only themselves but also the others with a brand-new innovative perspective. Hence, we should feel positive about our life facing hardships explained by the astrological hard aspect.

Long life

 The life expectancy of human individuals in the world has significantly extended so these individuals will eventually tend to live up to 100 years old or beyond unless there is any unexpected accident threatening their life happening before then. At the same time, more individuals nowadays tend to complain about their lack of opportunities for increasing their income gain, improving their career path, and offering a reasonably satisfactory future for the next generation. Mediocrity, misery, and hopelessness are haunting their life even longer than the past. Have these individuals become happier with their longer life expectancy? Let's consider it. 

Focusing on the retiring age, many countries used to set it as 60 years old while some countries have extended it to 65 or even 70. Up to the middle of the last century, many workers died off before turning to be 70 years old, so they claimed to spare their leisure time left before their death after their retirement. By contrast, their time left left after their retirement is almost 3 decades which are way too long to spare for their joblessness. The pension scheme is no longe sustainable to prop up the budget for looking after these jobless elder individuals. The budget incapability is derived from not only the increasing elderly population but also the shrinking fertility rate of the newer generations. 

The technological development is so superb nowadays that many firms and a few fortunate elite individuals enjoy their microeconomic advantages. At the same time, the entire world economy is shifting toward the capital intensive rather than the labour intensive which implies that the labour demand i.e., employment is shrinking. Furthermore, the opportunity of improving their income and career path requires more demanding skill-sets and merit for firms to hire them with a reasonable wage. Recently, the certain degree of the equality of outcome for individuals is more essential to accomplish the equality of opportunity than it used to be.  However, the socioeconomic policies of the current world are still neither competent nor generous enough to offer such an opportunity for majority individuals. 

The fertility rate is dropping down in majority of developed countries. Even though these residents enjoy their surrounding physical resources of their national economy, the distribution of their access is restricted. The main cause is that the inequality of their disposable income and their social mobility opportunity is expanding due to the shrinking macroeconomic market multiplier. Therefore, their desperation for their future prevents them from bearing their offspring, and they struggle to escape from their own mediocrity and desperation. 

In addition to the physical life expectancy expansion, the psychological feeling of life has become longer for the majority world citizens lacking the opportunity to access the lucrative lifestyle. These individual citizens may find their life is indeed longer than the minority elites enjoying their lucrative lifestyle. They feel like spending longer time to pass when human individuals spend their time spend as boring, miserable, and/or painful than when they spend it exciting, attractive, and/or pleasantly instead. Therefore, the tittle is simply "Long life" to think of what the "long" of the "long" life implies. 

Economic policies should exist to make the majority individuals happy while ensuring that even the least fortunate members of their society enjoy the basic civil cultural standard of living. It is not a matter of different economic policy perspectives. Regardless of supporting the market economy or the collectivist economy, the objective taking the whole environments where individuals cooperate to cohabit in a civic society into consideration must exist. Otherwise, there is no raison d'etre of the study of economics. 

In addition, everyone must be proactive enough to adjust themselves to the new paradigm of this world without being restrained by the obsolete norms and values. Many individuals still believe in or are forced to adapt to these obsolete norms and values having existed in the early past of the last century. Neither company nor government will guarantee their job and income security due to the aforementioned factors. So, they must not be reactive to what their belonging institutes such as companies and government direct them. Instead, they has better continuously look for a better opportunity for a new employment, going back to schooling, or sparing some free time to re-think of their own life philosophy. 

In liberal-democratic countries, the majority individual citizens still have their own responsibility of electing their own governmental party allowing the elite bureaucrats ignoring these previously mentioned factors. Perhaps, they are still enlightened enough to understand their own life situation well. It is often important to be more egoistic to protect themselves to realise such factors. When a person cannot make her/himself happy, this person cannot deserve the others well.  They key is the positive energy flow of one person energising her/him to enable her/him to entertain and help the others.

The government and the corporations taking the initiative in the market economy take an advantage of it by forsaking the majority citizens. Thus, these individual citizens are ought to be angry and more selfish to insist on their needs and wants without being restraint by the altruistic norms and values. In addition, they should be egoistic also to be honest for themselves without compromising their own desires and dreams even if the others disagree or become excessively being worried about this attitude. Hence, the most ostensible, practical, and simple answer to solve this problem is to "Live your own life" regardless of its physical or psychological length of life.