Posts Tagged ‘Governance’

Sentences (#84)


The reason neocameralism makes sense is that joint-stock companies basically work.

(Read the whole thing — of course.)

December 12, 2016admin 13 Comments »
FILED UNDER :Political economy

The Deal

NRx repudiates public politics. Turn that around, and it’s the thesis: Politics happens in private.

Specifically — as a political philosophy — NRx advocates the privatization of government. It makes a public case for that, in the abstract, but only for purposes of informational and theoretical optimization. It is not, ever, doing politics in public, but only thinking about it under conditions of minimal intelligence security. Concrete execution of political strategy occurs through private deals.

The currency of such deals was formalized by Mencius Moldbug, as primary (or fungible sovereign) property. It corresponds to the conversion — whether notional or actual — of hard power into business assets. This conversion is what ‘formalism’ means. It’s an important contribution to political philosophy, and political economy, but it’s also a negotiating position.

Cries for (public) Action! will always be with us, at least until things are radically sorted out. They should be ignored. No public action is serious.

The serious thing is the deal, which substitutes for any semblance of revolution, and also for regime perpetuation. Shadow NRx — which acts outside the sphere of public visibility — is a political vulture fund. This blog does not want to know who, or what, it is. Its deep secrecy is the same as its reality. Our concern is restricted to the way it necessarily acts, in compliance with an absolute principle. We ask only: What does the deal have to be like?

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January 23, 2016admin 50 Comments »
FILED UNDER :Neoreaction

Lynch Law

This is insanely great (second only to NeoCam for absolute attractiveness, and arguably more suitable under predominant rough-and-ready social conditions). First, a little scene-setting:

There is, to the best of my knowledge, no single right and proper method to construct a gallows. A few elements are common to just about every design, but the grim carpenters’ flourishes of the scaffold reflect the tastes of the community and the eye of the builders. There is always a raised platform; there are always stairs leading to the platform, usually thirteen; there is always a crossbeam around which to string the noose; and there is always a trapdoor to launch the condemned into the hereafter. Beyond that, the timbers of the frame are a matter of discretion. Supporting braces and thick beams are common for permanent installations. Temporary gallows will often rely on a nock rather than a full cleat to hold the bitter end of the killing rope. A shoreside hanging can even rely on a high tide and the scuttling claws of the merciless deep to clean up the turgid mess left by a dead man dancing. …

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December 7, 2015admin 18 Comments »

Quote note (#200)

Crypto-core of the XS Moldbug:

Internal security can be defined as the protection of the shareholders’ property against all internal threats — including both residents and employees, up to and certainly including the chief executive. If the shareholders cannot dismiss the CEO of the realm by voting according to proper corporate procedures, a total security failure has occurred.

The standard Patchwork remedy for this problem is the cryptographic chain of command. Ultimately, power over the realm truly rests with the shareholders, because they use a secret sharing or similar cryptographic algorithm to maintain control over its root keys. Authority is then delegated to the board (if any), the CEO and other officers, and thence down into the military or other security forces. At the leaves of the tree are computerized weapons, which will not fire without cryptographic authorization.

Thus, any fragment of the security force which remains loyal to the shareholders can use its operational weapons to defeat any coalition of disloyal, and hence disarmed, employees and/or residents. Ouch! Taste the pain, traitors. (Needless to say, the dependence of this design on 21st-century technology is ample explanation of why history has not bequeathed us anything like the joint-stock realm. It was simply not implementable — any more than our ancestors could build a suspension bridge out of limestone blocks.)

(Emphasis in original.)

Crypto-sovereignty is huge (and on the to-do list here). ‘Formalism’ is a place-holder for crypto-architecture. ‘Sovereignty’ means keys.

November 17, 2015admin 27 Comments »
FILED UNDER :Neoreaction
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Beyond IP Addresses?

The technical competence required to evaluate this (MegaNet) initiative far exceeds my capabilities (that’s what you lot are for).

(a) If doable, it’s huge.
(b) It seems to follow the grain of The Process (and cross-link not only to Bitcoin, but also to Urbit).

According to Kim Dotcom, the key to a safer, more secure and decentralized Internet will lie within blockchain technology, or a version of Bitcoin’s original concept. He has spent two years working on the program, and basically turning the Internet into a encrypted, decentralized smartphone app. In general terms, here’s how it works: […] “If you have 100 million smartphones that have the MegaNet app installed, we’ll have more online storage capacity, bandwidth and calculating power than the top 10 largest websites in the world combined,” Dotcom claims. “Over the years with these new devices and capacity, especially mobile bandwidth capacity, there will be no limitations. We are going to use very long keys, systems that will not be reverse engineered or cracked by any supercomputer. […] … Dotcom says it will use a faster version of blockchain technology to exchange data globally. There will be no IP addresses within MegaNet, like the current Internet IpV4 protocol uses for enhanced user security. Yet, it will use the current Internet protocol initially as a “dumb pipe” to get the ball rolling. He and his staff are working on a new type of encryption that will work regardless of how MegaNet is accessed. Bandwidth would come from Wi-Fi use and when the phone is idle, so no charges would come through an IP.

Another source.

Pirate credentials.

November 3, 2015admin 13 Comments »
FILED UNDER :Technology
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Quote note (#188)

The model of algorithmic governance, lucidly outlined (from 2013):

The industrial revolution allowed us, for the first time, to start replacing human labor with machines on a large scale, and now we have advanced digitized factories and robotic arms that produce complex goods like automobiles all on their own. But this is only automating the bottom; removing the need for rank and file manual laborers, and replacing them with a smaller number of professionals to maintain the robots, while the management of the company remains untouched. The question is, can we approach the problem from the other direction: even if we still need human beings to perform certain specialized tasks, can we remove the management from the equation instead?

Most companies have some kind of mission statement; often it’s about making money for shareholders; at other times, it includes some moral imperative to do with the particular product that they are creating, and other goals like helping communities sometimes enter the mix, at least in theory. Right now, that mission statement exists only insofar as the board of directors, and ultimately the shareholders, interpret it. But what if, with the power of modern information technology, we can encode the mission statement into code; that is, create an inviolable contract that generates revenue, pays people to perform some function, and finds hardware for itself to run on, all without any need for top-down human direction?

(This isn’t the argument, merely the concept.)

The whole series (by Vitalik Buterin), parts 1, 2, 3. (A fourth part was promised, but I’ve not been able to find any trace of it.)

September 30, 2015admin 5 Comments »
FILED UNDER :Political economy

Quote note (#150)

The greatest obstacle to territorial innovation in the United States is status quo bias:

… the state of California happens to be really big. Clocking in at just under forty million inhabitants makes it the most populous U.S. state by a healthy margin. It has over ½ the population of Turkey, is on par with Poland, and eclipses Canada. You can’t drive its north-south length without blocking out at least twelve hours from your schedule. […] Pristine governance however, doesn’t seem to be its strong suit. The Golden State came in at 30th in the most recent 24/7 Wall Street survey of the best and worst-run states, up from 2013’s last place finish. Cali sports a solid 7.0% unemployment rate as of December according to BLS, which is good for 49th in the country. It ranks 35th in terms of poverty rates and dead-last when geographically adjusted. This is hardly a bulletproof case for carving up California like a piece of meat, but it seems like a damn good start.

February 23, 2015admin 11 Comments »
FILED UNDER :Political economy

Trust Webs

The systems of governance native to the Internet Epoch are going to emerge out of this. Anybody who is trying to build institutions today, of whatever kind*, would be wise to immerse themselves in the way this stuff works. It will take time to shape the order of the world, but it isn’t going away. The same can very much not be said for the nation states of the Gutenberg Era, whose recession is already unmistakable.

Virtually speaking, there is nothing serious left for the Westphalian state to do. Of course, anybody expecting these relics to die tidily is almost certainly deluding themselves. Making the Westphalian order set the world to the torch. Its unmaking is unlikely to be much easier.


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February 11, 2015admin 28 Comments »
FILED UNDER :Political economy
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