It’s the parallel economy, stupid!

There’s a lot of fuss these days about American polarization. Sometimes it takes the form of people advocating national divorce or dire warnings of impending civil war.

National divorce seems impractical and America is too fat for civil war. A better proof that the country is already fragmenting is the talk of the “parallel economy”. We’ve come a long way since that 2016 moment of self-awareness about the need to break out of our echo chamber. By 2020 it seemed everyone wanted theirs. Now we redecorate the walls of the echo chamber. Adding some throw pillows. But as corporations wake up and go all-in on DEI (Diversity, Equity and Inclusion) and ESG (Environmental, Social and Governance) and the Great Reset – a huge market, including average Americans, is being eliminated. or outright pushed out. While Big Tech and Big Government and Big Pharma increasingly operate in lockstep to censor any dissent, dissent, atheism or pushback, the free market is moving forward.

A recent ad for Jeremy’s Razors, a shaving company launched by a conservative website Daily Wire, was clear about his intentions. “Friends don’t let friends shave with a wake-up razor,” their copy reads. It ends with a call to action: “We can’t build a parallel economy overnight—it will take time. But with your commitment, it will happen. And Razor is just the beginning. Shortly thereafter the Daily Wire Announced move to put $100 million into children’s entertainment.

Also Read :  More Investors Looking at HSAs as a Way to Save for Retirement

Peter Thiel seems to be single-handedly funding the right-wing parallel economy — to the extent that pundits joke about clamoring for “Thiel bucks” as the gravy train rolls by. Not only does the billionaire entrepreneur invest in politicians like JD Vance and the Black Masters, he’s backing the “FemTech” corporation “28” and the video platform Rumble, to name a few ventures.

Rumble has also acquired a stake in the aptly named payments processor Parallel Economy, and the company is building its own servers. These guys are literally building their own internet and payment processor. But what would matter?

“Create your own Twitter,” sneered left-wing activists and journalists as high-profile trolls like Alex Jones and Milo Yiannopoulos were banned from social media platforms. The right-wing social media site, Parlor, did just that. They built their network only to distance themselves from the Apple and Google App Stores and their hosting services, which were canceled by Amazon Web Services after the January 6 storm at the Capitol. Even Angela Merkel believed that Twitter went too far in banning Donald Trump. When Germans tell you to calm down with authoritarian behavior, it’s time to listen.

Also Read :  Here's Why Oriental Food Industries Holdings Berhad (KLSE:OFI) Has Caught The Eye Of Investors

It’s not just provocateurs like Jones or Yiannopoulos. Or former presidents like Donald Trump. There are many voices silenced and demonetized and you’ve probably never heard of them. It’s left-wing political commentators like Lee Camp who made their entire life’s work disappear from YouTube. Or feminists like Meghan Murphy who was permanently banned from Twitter for referring to Jessica Yaniv, a trans woman, as “them”. Or evolutionary biologist Colin Wright, who recently shut down his PayPal and Etsy account that “promotes, supports, or glorifies hatred or violence toward protected groups.” Their merchandise featured male and female symbols with the slogan “Reality’s Last Stand”.

Perhaps the most striking example of overreach occurred during the truckers’ protests in Canada, when Justin Trudeau froze activists’ bank accounts and blocked crowdfunding platforms supporting them. Trudeau also allowed financial institutions to cut off services to personal and business accounts that may have been participating in the blockade.

This is why we must unite. If there’s one thing we all have in common, it’s that people on both the left and the right are deplatformed, censored, and demonetized for “wrong thinking.” When they say “build your own internet,” they don’t really mean it.

Also Read :  Poor report cards at U.S. companies fan recession fears

Long before conservatives were decrying Big Tech censorship, adult film stars like Cherie DeVille warned us that financial institutions, particularly Visa and MasterCard, wielded too much power. Deville has written extensively about the hoops his industry has had to jump through to stay one step ahead of payment processors, and why decrees by companies like MasterCard should scare everyone.

Wake up, sheep. The frog is boiled, tough and rubbery. The moment is long gone when the average person has the luxury of being in the dark about what is going on. There will be times when you want to buy a gun, or fund a protest, or speak your mind — and suddenly you may find that not only have you been booted from Twitter, but you’ve accessed your PayPal funds. can’t On this point, porn stars were Cassandras — and we failed to heed their warning.

We’ll have to wait and see if the overtone window shifts far enough to the left and drives out enough consumers that the parallel economy becomes mainstream — or if it shifts enough that those who invest in it reap its rewards. Spend their thiel bucks?

This article was originally published the viewerNovember 2022 World Edition of



Source

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button