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Terence Tao: The role of small organizations in society has shrunk significantly

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Re: Terence Tao: The role of small organizations in society has shrunk significantly

#411
post #215

Earlier quoted context omitted.

Like rock paper scissors, there are multiple dimensions to power and the state doesn’t always possess all of them. Media being the most obvious one (fourth estate). Federal bank another. As the split of government and parliament.

The media has died though, ‘no one’ watches the MSM under 30, everyone is online in their safe space.

YouTube has gone mainstream.

Re: Terence Tao: The role of small organizations in society has shrunk significantly

#412
post #253

Earlier quoted context omitted.

I would compare "larger businesses" with "socialistic planning system" while "smaller businesses" with "free market economy". There are examples when centralized planning got good results - NASA's Apollo project is an example. There are also examples when market economy - eventually, in the long term, not short - prevailed: the Cold War is an example here. It's also quite possible the analogy is flawed though.

It is also very hard to separate “socialist planning system” from “Russian Empire”. It isn’t like things were going swimmingly in Tsarist Russia and then they reentered a golden age in the 90s. If anything this socialist system brought them to the height of their power and influence.

"Socialist planning system" can also be - approximately, of course - compared to modern, 2020-s Russia, and modern China (PRC, not Taiwan). The renaissance of economy by the end of 1990-s was significantly assisted by moving towards "free market economy".

I would argue that "socialist planning system" had its successes, but in the long run didn't survive the competition, at least in the case of the USSR.

Re: Terence Tao: The role of small organizations in society has shrunk significantly

#413

Earlier quoted context omitted.

The media has died though, ‘no one’ watches the MSM under 30, everyone is online in their safe space.

YouTube has gone mainstream.

As youtubers are getting more and more attention than the old medias, that may be an area where small groups are striving against large ones (so going against Terence's theory).

Re: Terence Tao: The role of small organizations in society has shrunk significantly

#414

Earlier quoted context omitted.

Isn't this part of why crypto has been so successful — at least outside the U.S. where the fiat currency isn't as stable?

I think it's part of the reason Bitcoin has been successful - it's a store of value that governments/banks can't inflate away, similar to gold. But crypto has also made US dollar stable coins popular, which are arguably better than holding some hyper inflating currency like the Argentinian Peso, but the holders of those stablecoins are still "taxed" when the US government/banks inflate the currency (and are worse off…

I agree with your first and second sentences completely -- but as to the "holy grail"...

Isn't Bitcoin (or Ethereum, or Solana, or whatever your L1 favorite is) itself the "internet-native stable coin" we want, except for their lack of stability? In other words, if we didn't have a need to exchange into local currency, what remaining need would there be except for lower price volatility?

Re: Terence Tao: The role of small organizations in society has shrunk significantly

#416
post #40

In the early 1800's Alexis de Tocqueville attributed a lot of American success to its small organizations/associations: "There is nothing, according to me, that deserves more to attract our regard than the intellectual and moral associations of America.... In democratic countries the science of association is the mother science; the progress of all the others depends on the progress of that one." [0] https://press.uc…

see also

https://news.ycombinator.com/item?id=25723851

https://news.ycombinator.com/item?id=25386501

Re: Terence Tao: The role of small organizations in society has shrunk significantly

#418
I love the observation that by the minimization of influence of smaller organizations leads people to feel like they are on their own. We are so inundated with information about large organizations through most internet media streams that small scale organizations seem too small potatoes to be worth our time or notice.

Re: Terence Tao: The role of small organizations in society has shrunk significantly

#420
post #40

In the early 1800's Alexis de Tocqueville attributed a lot of American success to its small organizations/associations: "There is nothing, according to me, that deserves more to attract our regard than the intellectual and moral associations of America.... In democratic countries the science of association is the mother science; the progress of all the others depends on the progress of that one." [0] https://press.uc…

It would be remiss to overlook the role of the church in 19th century American society. There was something of a religious revival. And the nature of a single congregation is that it never grew past the limits of a small, personable organization. While there was a flourishing of denominations, there was nothing akin to outright sectarian conflict or violence. So there was this small, personable network of congregations in intimate contact with each other that spread throughout the entire country, with small nodes every few miles or so at least.
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