Societies are hierarchal structures with a small number of people at the top and which gradually expand downward before narrowing in again at the base. What is misunderstood is who it is that occupies the apex.
The entrepreneur is the modern world’s equivalent of the superstar hunter of the ancient tribe. Those hunters were the individuals whose wisdom, experience, bravery and fleetness of foot and mind were the building blocks of the tribe. No hunter equalled no dinner. In society, the entrepreneur performs the same function; no entrepreneur equals no innovation, wealth creation or jobs – equals no economy equals no dinner. It is not that society would be worse off without entrepreneurs, and the investors who back them, it is that society would not exist without them.
That is the missing link in the socialist narrative. It is the entrepreneur who lifted humanity from lowly tribes to the status of sophisticated society. It is the entrepreneur who stands at the summit of society. Underneath the entrepreneurs are the producers; those people who create the goods and services that are needed and wanted by society in general. From the ploughman to the plumber, from the banker to the pancake cook, from the healer to the housewife, these people compose the second tier of our societies.
Those first two layers constitute the entirety of the economy, which is the backbone of any society. Tumbling away beneath them on the scale of social importance are the people who sit around and produce nothing of value. In Australia they are known colloquially as dole-bludgers. Each society has their own pejorative to describe these people.
Underneath even the dole-bludger, at the base of this structure, are the criminals, public servants and politicians who not only produce nothing of value, but who help themselves to the wealth created at the top two layers of the edifice.
Oddly enough, this order is almost the reverse of how the structure is usually perceived.
Why is this worthy of note? Because right now in the early part of 2022, the prevailing narrative is about a ‘Great Reset’ – a scheme to dismantle the current ‘system’ and to ‘Build Back Better’.
As a starting point, it needs to be pointed out that the free market is not a system; it is the absence of a system. That is why, when permitted, it worked so brilliantly. A free market is the ultimate democracy – the aggregation of every single voice on the planet. When that is replaced with a system, any system, then wealth creation is reduced inversely proportional to the effectiveness of the system’s rules and regulations. Top down control at a Stalinesque level equals starvation on a grand scale.
The voice of the marketplace participants and the free spirit of the entrepreneurs and their investors is muted to the degree of the top-down control.
So, what is the point of this ramble? Right at this moment in time, some of those who languish indolently at bottom of the real social structure are seriously proposing that they be put in formal charge of re-ordering society – putting in a new system. One that involves complete control.
Some people are fearful that we will all end up as slaves.
If this group of grasping, pompous ne’er-do-wells, manages to take control of society – to push the entrepreneur off his perch – then the world economy will collapse, utterly, within six months. Who will grow the food? Despite seventy years of five-year-plans, the U.S.S.R. could not grasp how to grow corn in sufficient quantities to feed ‘their’ population. Growing corn requires soil, sun and water and not a whole lot of I.Q. It was beyond the Central Committee of the U.S.S.R. To joke about ‘I wonder which ingredient was missing?’ is to miss the point. The point is that no amount of I.Q. at the top of this inverted structure can compensate for the abolition of the voice of the marketplace participants. Without the natural supply and demand dynamic of the free market (all voices), we are left with no voices – just a system. We can have a market, or we can have a system, we cannot have both. Market destruction means food shortages, hunger, sickness, wars and, ultimately, complete collapse.
If the bottom-of-the-pile succeed in usurping the entrepreneur, there will be consequences (N.B. the word ‘consequence’; it comes from the Latin: ‘in sequence’ – if you do this then that will happen.) Without the entrepreneur, there will be no jobs, no food, no production and no wealth creation. Absent the entrepreneur, there can exist only poverty and a rapid reversion to tribal status and wars. Survival will not include those at the bottom of the real structure who, through their own hubris, have elevated themselves to a position of importance. They will be killed off by the real producers who they will have reduced to starvation overnight.
It should not need to be stated, but it does: an individual’s level of importance to the social structure is not preceded by a dollar sign, except where the money is used to finance the entrepreneur. The billionaires who waffle on about Build Back Better and who wish, via the usurpation of political power, to knock the entrepreneur off his perch will be its first victims.
Reality remains reality – even when it is misunderstood, denied or perverted. A reversion of the natural order will destroy society. That process has been in motion since WW1. It is now speeding up.
But don’t fear it; prepare for it. Stock up with basic dried and tinned foods and store as much money as you can put away. Hide it away and tell no one. It is unlikely that supply lines will come together again for a long time.
Over and above the complicated shenanigans and lies of the present day, the root cause of the chaotic decline, visible now to even the more occluded, is the absence of circulating money. A Society is a melding of the tribes by the presence of mutual trust. Only the widespread use of honest money can bring about mutual trust. The miracle is that Western Civilization has lasted as long as it has since our idiotic governments withdrew gold.