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I don't think it's accurate to say that anyone messed up with Smith or Marx. Smith didn't anticipate modern finance capitalism and his musings apply perfectly well to earlier iterations of capitalism - though he'd probably have had a stroke if you showed him the finance economy. Marx didn't anticipate capitalism's resilience but he had very little to do with the ideologies built on his work let alone their implementations (or attempts thereof).

That said, "I have a bigger stick" wasn't all we had before the present systems. I'm not a primitivist but I think it's a thought-terminating cliché to just look at what we have now and what came immediately before and decide that the local plateau is the best we can have.

Humanity invests a ton of resources in enforcing the status quo of power dynamics - both through overt force (be it military violence or the mere threat of violence necessary to assert contracts and claims to private property) and through more subtle means (e.g. narrative framing in education, news media and entertainment). Maintaining these systems takes immense resources and effort. But in moments of crisis our cooperative human nature can shine through until order is restored and we are ushered back into learned helplessness and mutual distrust as "the authorities" take over.

The problem isn't that the systems "allow corruption". The systems are inherently bad and corrupting. We build hierarchies of absolute power and then try to come up with solutions for the problems those hierarchies cause in the first place.

The problem isn't who rules. The problem is having rulers. Quoth Bakunin: "the people will feel no better if the stick with which they are being beaten is labelled the 'peoples stick'. [..] not even the reddest republic - can ever give the people what they really want."



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