Tyler Durden's picture

Submitted by Ben Hunt of Epsilon Theory

The Panopticon: a new mode of obtaining power of mind over mind, in a quantity hitherto without example.

    – Jeremy Bentham, founder of modern utilitarianism (1748 – 1832)

But the guilty person is only one of the targets of punishment. For punishment is directed above all at others, at all the potentially guilty.

    – Michel Foucault, “Discipline and Punish: The Birth of the Prison”

Visibility is a trap.

    – Michel Foucault, “Discipline and Punish: The Birth of the Prison”

There is little doubt that hedge funds have entered a new era of transparency and public openness – a transformation that I believe will benefit investors, the public, and regulators… One immediate benefit of this requirement to your industry should be that transparency will enable you to shed the secretive, “shadowy” reputation that some would say has unfairly surrounded you.

    – Mary Jo White, SEC Chair, speech to Managed Funds Association, October 18, 2013

The advance of civilization is nothing but an exercise in the limiting of privacy.

    – Isaac Asimov, “Foundation’s Edge”

Whatever games are played with us, we must play no games with ourselves, but deal in our privacy with the last honesty and truth.

    – Ralph Waldo Emerson (1803-1882)


In 1791, Jeremy Bentham published a book describing what was clearly a revolutionary design for prisons, factories, schools, hospitals – any institutional building where a few administer instruction, discipline, or care to the many. This design, what Bentham called a Panopticon, was trumpeted as “Morals reformed — health preserved — industry invigorated — instruction diffused — public burdens lightened — Economy seated, as it were, upon a rock — the Gordian knot of the poorlaw not cut, but untied — all by a simple idea in Architecture!” No shrinking violet here, but the booming, confident voice of the father of utilitarianism, a man who wrote 30,000,000 words in a lifetime of social activism.

A Panopticon has a large circular watchtower in the middle of a larger circle of cells or offices or classrooms or whatever functional task space is appropriate for the building at hand. The outer circle of cells has inner walls and doors made of transparent windows, and the reverse is true of the central watchtower, which is completely opaque as seen from the outside. From the watchtower you can see perfectly into every cell, but from a cell you can see nothing in the watchtower. Importantly, any occupant of a cell can see pretty much every other occupant of every other cell.

The beauty of the Panopticon, per Bentham, was that the occupants of each cell would soon come to police themselves. That is, the only thing necessary to create the perception of being watched and monitored and punished for bad behavior was the constant possibility of being watched and monitored and punished for bad behavior, together with the communal witnessing of your fellow prisoners behaving as if they were watched and monitored and punished for bad behavior. It’s not  necessary for a guard or overseer to watch each prisoner at all times; what’s necessary is for each prisoner to live in a perfectly transparent cell, so that each prisoner thinks that he is being watched at all times. As Bentham wrote, the Panopticon design was a means of controlling the minds of prisoners or workers through mental force, as opposed to the traditional goal in 18th century prisons and workhouses of controlling bodies through brute force. Just like the warden in Cool Hand Luke, just like Dick Clark with American Bandstand, Bentham understood the enormous power of the crowd seeing the crowd. What he added to the calculus of social control was the important catalyst of transparency.

Thinking of transparency and openness as an instrument of social mind control is a hard pill to swallow in an era of social media and reality TV. So many of us embrace personal openness and the sharing of our thoughts…so many of us, as Christopher Hitchens ruefully noted about himself, run towards a camera instead of run away…that it seems almost un-American, rather impolite, and certainly anti-modern to maintain privacy and secrecy in our social relationships. We live in an age where transparency is lauded as a personal virtue and touted as a hallmark of liberty, where public confession is a celebrated ritual and a trusty engine of popular  entertainment, where our employers expect as a matter of course that our private lives will merge with our business lives to allow constant access and attention. We live in an age where government requires disclosure of private investment strategies and holdings under the guise of “risk management”, where failure to disclose a private opinion on public securities can be a crime, where – as Dave Egger’s chillingly writes in The Circle – “Secrets are Lies”, “Sharing is Caring”, and “Privacy is Theft”.

Transparency has nothing to do with freedom and everything to do with control, and the more “radical” the transparency the more effective the controlthe more willingly and completely we police ourselves in our own corporate or social Panopticons. This was Michel Foucault’s argument in his classic post-modern critique Discipline and Punish: The Birth of the Prison, which – just because it was written in an intentionally impenetrable post-modernist style, and just because Foucault himself was a self-righteous, preening academic bully as only a French public intellectual can be – doesn’t make it wrong. The human animal conforms when it observes and is observed by a crowd, at first for fear of discipline but ultimately because that discipline is internalized as belief and expectation.

To be clear, I’m not saying that transparency is a bad thing for the society or institutions that enforce it. I simply want to call it by its proper name…an extremely powerful instrument of social control, not a “benefit” for the watched. Firms like Bridgewater that famously require a culture of transparency are, I believe, far more efficient and robust than their competitors that don’t. To take a trivial example apropos in mid-March, do you think that a lot of time is wasted at Bridgewater during work hours by employees sending around NCAA tournament brackets? Yeah, right. Not because there’s some “rule” against researching your NCAA bracket while at work, but because it would be unthinkable (and I mean that in a purely literal sense of the word) to do so within the glass walls of an effective Panopticon. A Panopticon crushes any sense of complacency in its residents, and that’s a really big plus for a modern institution. For the residents themselves, of course, that lack  of complacency may manifest itself as a wee bit of constant stress. Or to take an example from the investment industry as a whole, SEC Chair Mary Jo White is absolutely right when she says that transparency is good for regulators. Heck, it’s great for regulators. But she’s entirely disingenuous when she touts the removal
of secrecy as a good thing for private investment funds.

What’s my investment point in this little diatribe? As investors in highly regulated public markets we are all operating within a Panopticon of sorts. Some of us more obviously than others, but we’re all similarly situated to a rough degree. It’s critical to understand the dynamics of the crowd watching the crowd within a regulatory environment of forced transparency so that we can have a realistic notion of what’s possible and what’s not as we try to achieve our personal or institutional investment goals.

Capturing alpha in an investment strategy requires private information. To the degree that forced regulatory transparency and Big Data technology reduce private information by turning it into common knowledge, there is less alpha in markets. That’s a cold, hard fact. Finding alpha has never been easy. It’s always been the rarest thing in the investing world, but now it’s truly an endangered species, particularly in the stock-picking world of fundamental analysis of public companies. We have moved from a regulatory environment where illegal private information was pretty much defined as stealing the orange growers’ crop report from the USDA a la Trading Places (Mortimer Duke: “Turn those machines back on!”), to an environment where the mere existence of market-beating investment returns is treated as prima facie evidence that you must have been doing something illegal to generate those returns. Professional investors today are scared to death of private information on public companies. It’s never been more expensive or difficult to acquire, and the regulatory assumption is that – if it works – then it must have been illegally obtained. No wonder, then, that so many hedge fund giants accustomed to investing on the basis of private information are sailing as fast as they can for the safe harbor of advocacy and activism, where a large position and a board seat or two may cost you dearly in terms of liquidity but allows you to legally obtain and act on private information as a company insider. And even if you don’t reach the promised land of board membership and true insider status, at least you can talk up your own book with incessant public statements about your “investment thesis” without drawing regulatory scrutiny. All of the big boys play the Common Knowledge game today, because that’s how they adapt to a Panopticon. They make themselves more visible to the crowd and make more public statements because they can create, for a while at least, their own investing reality. They know that if they speak loudly enough and long enough, enough of us little guys will  follow their lead on the stock. It’s what little guys DO.

Wow, that’s a pretty bleak assessment, Ben. Isn ’t there some hope for alpha still out there in the world, even for the little guys? Sure. It’s in your neighborhood. It’s in your family business. It’s in whatever you know really well, some endeavor that by dint of education or experience you happen to have private information about. That’s where you’ll find alpha. Remember Peter Lynch and “buy what you know”? There’s a lot of wisdom in that, so long as you keep in mind that in Lynch’s day you could know an Apple or a Microsoft in a way that is impossible and/or illegal today. In today’s public markets I think it’s still possible to find managers with private information, but you have to look in the cracks and crevices of the market, in relatively small niches where the traders and investors that I refer to as beautiful parasites still live. These managers tend to be relatively small, and they are almost always superb game-players, able to generate alpha by, as Keynes put it, “guessing better than the crowd how the crowd will behave.”

And remember, too, that finding alpha isn’t the only reason to invest in public markets. Liquidity is important. Tagging along with broad-based economic growth through a broad-based capital market is important. But most of all diversification is important. Harry Markowitz, the father of Modern Portfolio Theory, always bristles at that label, saying that there’s nothing modern about it at all. He’s exactly right. Portfolio theory is an old, wonderful idea. You can dress it up in scientific finery as MPT does, and there’s definitely a role for that, but there’s also a very real danger that the arcane language and self-appointed priesthood of modern economic science gets in the way of a personal appreciation of the very real benefits of a diversified portfolio. I’ve written recently about applying the Adaptive Investing lens to questions of diversification, and I’m going to continue focusing on that in the future. Because while alpha in public markets may be rare and getting rarer as private information vanishes before the onslaught of forced transparency, diversification is still there for the taking. And that’s an opportunity I’m happy to use my media microphone to encourage.

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Skateboarder's picture

Mandatory listening for the thread, inspired by Bentham, Foucault, and surveillance itself.

ISIS - Panopticon

One of the greatest albums ever made. Listen to 'In Fiction' and 'Wills Dissolve' at the least.

p.s. WB, you should make a faceturd one too. ;-)

VD's picture

one point the author of this piece appears to miss is that the core concept of the Panopticon is that the guards themselves are being watched <-> it's a 2-way system actually... also, in Foucaltian terms it's the more advanced mental control that is CLINICAL vs brutal or violent (e.g. public beheadings, witches burned at the stake, etc) CLEAN and COMPLETE that both prisoner and guard after while forget they are even performing their respective roles, yet the project is at work....

W74's picture

But what if....the other prisoners become guards? 

As in, all policing all? 

This concept is widely used in the military, especially in training when Privates police other Privates.  If one fucks up then there is the potential for mass punishment.  So to avoid collective punishment the Prisoners ensure the proper behavior of the other Prisoners and this occurs whether the Wardens (who are often drunk or asleep) are actually watching or not.

TheGoldMyth's picture

VD..a load of crap with some truthful trace element only......this does not take into account, 'Stockholm Syndrome with added Stanford University Prison Experiment... Or SS with added SUPE  In any case.....

The author talks as though he has just discovered the invention of the wheel or the like. Or discovered the difference between wet and dry.

Here is a very old allegory from the east transported by G I Gurdjieff/.

"There is an Eastern tale which speaks about a very rich magician who had a great many sheep. But at the same time this magician was very mean. He did not want to hire shepherds, nor did he want to erect a fence about the pasture where his sheep were grazing. The sheep consequently often wandered into the forest, fell into ravines, and so on, and above all they ran away, for they knew that the magician wanted their flesh and skins and this they did not like.

At last the magician found a remedy. He hypnotized his sheep and suggested to them first of all that they were immortal and that no harm was being done to them when they were skinned, that, on the contrary, it would be very good for them and even pleasant; secondly he suggested that the magician was a good master who loved his flock so much that he was ready to do anything in the world for them; and in the third place he suggested to them that if anything at all were going to happen to them it was not going to happen just then, at any rate not that day, and therefore they had no need to think about it. Further the magician suggested to his sheep that they were not sheep at all; to some of them he suggested that they were lions, to others that they were eagles, to others that they were men, and to others that they were magicians.

And after this all his cares and worries about the sheep came to an end. They never ran away again but quietly awaited the time when the magician would require their flesh and skins.

This tale is a very good illustration of man’s position.

fxrxexexdxoxmx's picture

Mr Banzai,

You are a very gifted and impressive artitist. Thank you very much for sharing your talent on ZeroHedge.

Best to you and yours,

freedom x

TheGoldMyth's picture

Mr Banza's interpretive rendition would be more accurate if it showed apes in the watch tower built with rubble and rocks wiith the scientists and intelligent people who invented the technology in jail instead of the apes.

TheGoldMyth's picture

A recipe for a new 'dark ages'. We are allready at that divide. Those who actually think, or even more dangerous are those who have a conscience, will become extinct at the hands of those crying out......"she's a witch"!! etc.. Nothing new under the sun.

doctor10's picture

"Civilization is the progress toward a society of privacy. The savage’s whole existence is public, ruled by the laws of his tribe. Civilization is the process of setting man free from men."

Ayn Rand

0b1knob's picture


How unique is you browser agent string?  

Carl Popper's picture

I had a score of 21.92. I was off the charts. It was unique among 3941453 browser agent strings? There was not another one like it.


I am the easiest fucker in the world to track.  Gonna have to do something about it. 

rubiconsolutions's picture

Here's a good article for when someone says to you - "if you aren't doing something wrong what do you have to hide?"

Deconstructing the Cliché

Before we get to the core of this issue, we really should deconstruct this dirty slogan we opened with. Consider the implications of the words if you have nothing to hide:

  • First of all, it is an accusation and an insult, implying that you are engaging in evil.
  • Secondly, it is a threat to turn you in to the authorities.
  • Thirdly, it implies that the entity you are hiding from is supremely righteous and morally superior.

Fundamentally, this slogan is a weapon. It is used to intimidate and confuse you; to force you to bow down to authority; to be as cowardly and compliant as the person using it.

The users of such slogans are angry that you are showing them up in courage. They want you to be in the center of the enforcer’s gun-sites, just like they are.

Now, as to the party that these people think we shouldn’t be hiding from… do they mean governments? If so, they are slandering themselves, since they almost certainly complain about governments endlessly.

The idea that a government is somehow morally superior to us is ridiculous. By any objective standard they are far worse than an average working guy. Pretending that our overlords are righteous is a superstition of the basest kind.

UselessEater's picture

as we move closer to the Technocracy dream.... what we're not doing wrong today can be deemed wrong tomorrow and our digital footprints and personal data are wide open to gov/corp and increasingly so on an international scale. With, for one eg, the OECD taking FATCA to a global scale for all nationalities one can summise that control and maximum financial extraction from the 99% will ensure we're crominalised one way or another in the future. Getting neighbours to recognise this clear and present risk just puts one in the cross-hairs as well-stated in your post:

The users of such slogans are angry that you are showing them up in courage. They want you to be in the center of the enforcer’s gun-sites, just like they are.

Now, as to the party that these people think we shouldn’t be hiding from… do they mean governments? If so, they are slandering themselves, since they almost certainly complain about governments endlessly.

kchrisc's picture

"I have nothing to hide but my guillotine(s)."

A morally superior government would, morally speaking, not be able to spy on us or need to for that matter.


"I think, therefore I guillotine."


Seasmoke's picture

M.Y.T.H. is
Belief in the game controls that keeps us in a box of fear
We never listen
Voice inside so drowned out......

Carl Popper's picture

I had always thought that once everyone was wearing Google glass with facial recognition systems that could pull up all publicly available data on anyone we look at that we would all have to be more careful about our behavior.

It Makes dating less risky but at the same time every girl you meet at the bar will have your entire history in front of her before you even get a chance to introduce yourself.

Too much transparency will cause a great deal of social conformancy.

Pure Evil's picture

And you'll also have her entire history.

You'll know whether she's a boozy slut that puts out on the first date or some religious fanatic that won't put out even after you get married.

You'll know exactly the type of men she goes to bed with and whether you fit her sexual dossier. That way you won't have to waste a night of black and blue ball tango trying to carve your notch on her headboard.

Full information is a two way Google glass street when it comes to sexual relations.

UselessEater's picture

and all of this incredibly invasive and titillating data encourages further social decline and obessession with the trivial distracting people from social values and standards that are worth defending and real issues of the day; e.g. many years ago I learnt a prim and proper teacher who's intellect I respected was cheating on her spouse - its seemed so improbable that focusing in class became a challenge; this data diminshes people and our thinking ability along with it.

zionhead's picture

SF they're BANNING glassholes from entering BARS.

You walk into a bar with a google glasshole on your face and your going to get punched out.

I know that pussys call this fight club, but the fact is nobody here can take a punch.

This is bullshit club,

Anyway even in SF they're BANNING glassholes from entering BARS.


There is an outfit in ISRAEL that is selling even a more powerful device than GOOGLE's, its a real ZIO- data collection device to be warn by ZIO-COPS(PIGS) world wide

Pure Evil's picture

So one bar in SF banned Google glass, big deal.

Just like homosexuality has been accepted so will Google glass and any other data collection mechanism.

Currently any smartphone is just a data collection mechanism and currently nobody seems to be able to live without them.

Nobody thinks twice about bringing them into bars and they have cameras and microphones which make them one step under Google glass.

I remember going to an after work get together and they had one asshole taking pictures of everyone and I kept telling the dipshit to stop pointing his camera in my direction because I didn't want to end up on his Facebook page. But it seems no one else gave a shit.

It's all in the advertising (brainwashing).

UselessEater's picture

yep gossiping and snooping was once upon a time a character flaw.... now its social innovation and connectedness; no one seems to worry until your boss tells you to sack someone 'cause they saw something bad on their FB page then everyone gets upset about their rights to privacy from their boss not the invasive socially accepted

zionhead's picture

Well outside they're COOL, but inside the NSA(GOOGLE) they're called 'data acquisition' devices,...


"You can keep you 'Google Glass', Glass-Hole, but if you don't take it off your face, I'm going to shove it up your asshole".


Every time somebody points a camera at me I always give them the bird.


Just like throwing rock, shit, and piss at the Google-Shuttle Bus, people need to be doing more to Educate the Kids that the NSA/GOOGLE "SPYNET" Ain't FUcking COOL.

PeeramidIdeologies's picture

@Zionhead - I'm sure you saw the movie Fight Club, wherein an underground "fight club" was instigated by a disalusioned individual who was, for all intent of purpose, simply looking for a hug. Life imitates art. Here.

This article on the other hand, is another great piece drawn up by the prescient Mr. Hunt! The word "transparency" is being thrown around like it's good for your health, but make no mistake about it, it is a tool of manipulation, as is hacking/spying, as is the flow of most of the information one can find these days.

It is an interesting metric to gauge the consistency of the plot. Watching the neo-cons flailing about on the world stage these days looks almost dangerous. Is it just me, or do they seem a step behind, their actions completely reactionary and extraneous. A classic example of a cornered animal.

It will be interesting to see which geopolitical situation requires America's "diplomatic" abilities next. Chinese food anyone?

zionhead's picture

Chinese are some of the most private people on earth, and would never allow the kind of invasive spying that the hair-lip west tolerates.

Just saying.

Funny the NEO-CON's talk about MORALITY, and then want everyone's daughter to be a PORN-STAR.

This would NEVER happen in ASIA, you did that in ASIA you would be a dead man, if guy destroyed a girls life in ASIA, the family would find that GUY put him through a meat grinder and then kill his family.


If a cop took somebody's child (CSD) in ASIA the whole village would kill that cop, ...

Things that the HAIR-LIP USA man tolerate, is NOT accepted in the REAL WORLD.

Ralph Spoilsport's picture

Who would want to live in a world where everyone is wearing g00gle glass? I would go to war to prevent that the same way I would start burning down churches/mosques/synagogues to prevent a theocracy in the US.

Pure Evil's picture

Nobody seems to be complaining about everyone with a smartphone. Google glass is just one more step in the direction of full surveillance.

Currently the price is rather high to make it seem luxurious, something everyone wants but only a few of the cool people can afford like celebrities, in the same way everyone wanted flatscreen tv's even though when they first came out they cost thousands of dollars.

When they suck as much as they can out the assholes that can actually afford the thousands of dollars, just like Apple does for its iPhones, they'll drop the price to get the proles to stampede the barricades just like it was Black Friday.

When the price drops you can bet the sheeple will be lining up to buy them with limited editions of gold tinted versions. Or you'll be encouraged to get Google glass with Transitions lenses to protect your precious corneas, blah, blah, blah.

PeeramidIdeologies's picture

Technology has already failed us six ways from Sunday, but we will spend every last dollar in an attempt to make it our saviour. Brilliant.

Disclaimer; This was submitted from an iPhone 10 000 with constant retina verification.

Oxbo Rene's picture

Within our dataset of several million visitors, only one in 5,145 browsers have the same fingerprint as yours.

Pure Evil's picture

Don't let it go to your head, it still means you can be fingerprinted.

Just because they've only seen a little over 5000 people with your set up doesn't mean you're not being tracked and fingerprinted by someone somewhere.

Don't believe me, read this.

IridiumRebel's picture

Did a test with my mic for my Mac. You could hear my wife two rooms over as if she was next to the CPU. I've since covered it with duct tape. This will get worse and we have a small window to reverse things. It can be done nonviolently.....I hope.

Ralph Spoilsport's picture

IR, try this:

Go to System Preferences and select 'Sound'

Select 'Input'

Change the setting from 'Internal Microphone' to 'Line In'

If theres nothing plugged into the Input Port, the Mac can't hear anything.

IridiumRebel's picture

Thanks but the duct tape works good without all the button pushing. I appreciate it.

Carl Popper's picture

It is a simple matter for the NSA or any hacker to change it back to "internal microphone" if your computer is hacked.  I don't think that will protect you.  

Ralph Spoilsport's picture

You're probably right although it isn't a simple matter and not just any hacker can do that. I go in and unplug the connector for the camera and microphone just to make sure. If they are going to to that extreme to listen to you, you have bigger problems than your computer.

zionhead's picture

Go to the system panel, and click  drivers and DISABLE all microphone devices, and cameras.

Once the drivers are out, .. its pretty much impossible to find the device, unless the CIA/NSA wants you so bad they can download a BIOS to run your deactivated device.

Once the device-driver is gone, there is no way to acess, the problem is simply what you describe even on a mac is that the sound drivers are still there.

In the case of the mac you have to go to the driver folder and delete the sound drive files.


FYI, on my laptops that's what I do, drivers are removed and deactivated, on desktops all mic's & cam's are external, so you can just unplug them.

On PHONES your truly fucked cuz they don't let you modify the system at all, I know somebody here will say they can modify ANDROID, but I would NEVER use a phone or any device from GOOGLE in the first place, now even when you turn off the wifi they can still use it,... so you never want any google device to even know your wifi passwords, that's why I only connect google devices via PHYSICAL CABLE, that way when I'm done they can't call home to mother.

GOOGLE&MICROSOFT never give them your wifi paswords, they keep them forever, only connect your computers to the internet via physica cable, or have a special bullshit router just for feed spynet shit.

But 'smart phones' are really fucked they're on all the time listening and watching you, and sending the shit home.

Ralph Spoilsport's picture

There is no 'drivers' folder on a Mac. On OS X 10.6 go to System\Library\Extensions\.

zionhead's picture

That be the 'drivers' folder on a mac bitch, delete it all :)

Delete all the spyware,.. cam's mic's .... no need for that shit, if there are no driver's then the NSA has no ability to use your MAC as an acquisition device.

A Lunatic's picture

Sooner or later the only way out will be to:


A) Destroy the entire electrical grid

B) Live like animals underground 

C) Find a balance between good and evil

D) If you can't beat 'em join 'em

E) Off yourself

zionhead's picture

Leave before they go full nazi retard.

In 1938 smart folks left Europe, those that stayed died.

Same now, ... those that stay in the USA will have your choices given, but if you leave, then you live. If you stay then you die.

IndyPat's picture

Ahem..ah..where y gonna run to, exactly?
It's sorta a global thing, for those paying attention.
Oh, I know. Other nations get pissy over the spying thing, but that's just haters hating the players, not the game. They want these toys just as bad and they want the control.
Run to the Congo if you want, but sooner or later some Gates Foundation fuck will be there to give you your vaccine...enjoy.
Note also that those that stayed, died like bitches. Just marched obediently into the lime covered pit. 50 able bodied people vs 2 or 3 with machine guns. Bowed and scraped right up to the point the bullet pierced their skull.
If you know your likely to die, why not have the stones to at least resist.

zionhead's picture

The world is full of good places.

Even Africa has places where 'GATES FOUNDATION' assholes fear to go.


If your not rich, then I suggest Mexico or Alaska,... if you got some money, then south-america, or asia, and yes Africa is great, Kenya at 6,000 feet equatorial has 70F year round,... The world is full of good places to live.

If your young make as much as you can as quick as you can and run for your life and never look back.

Most of the world doesn't have FREE INFINITE FIAT to feed the US-COP's with GOOGLE SPYNET TOOLS.

The world has more good places than bad places, ... its just that most of you only see bullshit TV, go travel and see the real world.

The USA is a prison, how can anybody who lives in a prison talk about freedom, and even worse when they SAY its the same everywhere else,... NO IT IS NOT.

The WORLD is not a prison, only USA & ISRAEL ( occupied Palestine ) are prisons.

kchrisc's picture

"Sooner or later the only way out will be to:.."

Yes and no. Authority relies on one and only one tenet, the willingness of the victim of authority to OBEY--Obedience. The fence is literally in one's mind.

The fall of the Berlin Wall illustrates well that without obedience there is no authority.

The East Berliners were under the belief that the wall was being opened because of an errant comment by an East German crat. They marched to the wall in mass and the soldiers were confused and terrified to shoot and so the East Germans obliterated the wall. Granted, they didn't disobey, but act on incorrect information, but the effect was the same--the destruction of authority.


The Four Rs
Rejection: Quit paying, quit obeying, quit playing
Revolution: It is inevitable, so prepare, as they are.
Retribution: Is there really any place for these sociopaths and criminals in a restored civil and Constitutional society?!
Restoration: Restore the Constitutional republic.

jack stephan's picture

That picture looks far too intense, but I like the article. This is a good one. Save it.

ken's picture



tradewithdave's picture

In light of the blockchain's public record of all transactions, what might the implications be to "preference falsification" in the "participatory panopticon."  If your social media doesn't match your transactional record, then Houston may have a problem... with you. 

The IMF referred to "the way out" as an Enhanced & Consolidated Multilateral Surveillance Network.

Is there a relationship between triple-entry accounting and Isaiah Berlin 3.0 "Three concepts of liberty"?


TN Jed's picture

Thought it said Panopticoin at first and thought yeah that figures.