The royal family is a perpetual corporation, the kingdom is the property of this corporation, and the whole thing is a sort of real-estate venture on… - Curtis Yarvin

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The royal family is a perpetual corporation, the kingdom is the property of this corporation, and the whole thing is a sort of real-estate venture on a grand scale. Why does the family own the corporation and the corporation own the kingdom? Because it does. Property is historically arbitrary.

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About Curtis Yarvin

Curtis Yarvin (born June 25, 1973), also known under his pen name Mencius Moldbug, is an American computer scientist and quintessential political theorist of the neoreactionary movement. He is also creator of the Urbit computing platform and, currently, authors primarily the Gray Mirror blog.

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Alternative Names: Mencius Moldbug Curtis Guy Yarvin Moldbug
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Additional quotes by Curtis Yarvin

The New York Times could print nothing but lies for a year, and it would still be the most powerful institution in the world.

Objectively, an agency is official if it controls government decisions, or the government controls its decisions. A classic Orwellian state-controlled press is easy to recognize, even if the control path is informal—such as a financial subsidy. What about the other direction: a press-controlled state? ‘‘‘In the modern regime, government literally leaks power into journalism, by tolerating leaks: nominally unauthorized, but objectively permitted, disclosures of confidential information to the legitimate press. Leaking is both subsidy and control.’’’ … On Wall Street, selective disclosure of material nonpublic information is a crime… If the government enforced this standard on its own employees, journalism as we know it could not exist. … Putting these camouflaged agencies together, we see a Department of Reality which is unquestionably the center of power in our regime. No other agency can withstand it—certainly, no elected politician can withstand it. Sovereignty equals unaccountability, and our Reality Department is accountable to no one.

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The way to do political, rather than cosmopolitical, economy is straightforward: consolidate the national balance sheet, treating the entire nation as a single corporation. Current account deficits then appear as losses. The notorious decay of nations which run a chronic trade deficit appears as a parallel with the notorious decay of corporations which run at a chronic loss.
Similarly, the old mercantilist strategy of accumulating precious metals—much mocked by Adam Smith—appears as no more than the accumulation of retained earnings by a profitable polity.

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