John Brodix Merryman Jr.
1 min readDec 2, 2021

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To what extent is socialism the loyal opposition to capitalism? A bone thrown to the masses.

The difference between capitalism and a market economy is that markets need money to circulate, while the premise of capitalism is that it is a commodity to mine from the economy.

We are linear, goal oriented organisms in a cyclical, circular, feedback generated reality.

Since money functions as a social contract and accounting device, to enable mass societies, by tracking all the promises and obligations, storing the assets requires generating the debt to back them, this creates that centripetal feedback loop, as the asset is pulling to the middle, while the debts are pushed to the edges. The Ancients devised debt jubilees as a circuit breaker, but we lack that basic perspective.

Then government has become the debtor of last resort, to continue the process. The capital markets couldn't function, without the government siphoning up trillions in excess investment money. The wars are just a way t make it go away, so more can be borrowed. That's why they don't care if they lose. The secret sauce of capitalism is public debt backing private wealth.

The medium has become the message. The tool has become the god.

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John Brodix Merryman Jr.
John Brodix Merryman Jr.

Written by John Brodix Merryman Jr.

Having an affair with life. It's complicated.

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