England had property-rights based monarchy. It’s basically gone now. So pace Mencius Moldbug, it can’t be especially good a system—else it would not have died.
England was never a ‘corporate’ monarchy in the sense of a limited-liability joint-stock company with numeric shares, voting rights, etc. I never said it was, though, but that it was ‘property-rights based’, which it was—the whole country and all legal privileges were property which the king could and did rent and sell away.
This is one of the major topics of Nick Szabo’s blog Unenumerated. If you have the time, I strongly recommend reading it all. It’s up there with Overcoming Bias in my books.
England had property-rights based monarchy. It’s basically gone now. So pace Mencius Moldbug, it can’t be especially good a system—else it would not have died.
I don’t understand this. England never was a corporate monarchy, though.
England was never a ‘corporate’ monarchy in the sense of a limited-liability joint-stock company with numeric shares, voting rights, etc. I never said it was, though, but that it was ‘property-rights based’, which it was—the whole country and all legal privileges were property which the king could and did rent and sell away.
This is one of the major topics of Nick Szabo’s blog Unenumerated. If you have the time, I strongly recommend reading it all. It’s up there with Overcoming Bias in my books.