The parallel economy refers to new technologies and social media platforms that value free speech and other conservative values. Consumers are adopting the parallel economy because it aligns with their political values.
People are driven by their values and belief system. So why would someone with conservative values be interested in the parallel economy, and how did the parallel economy begin? We’ll answer these questions and more.
How Parallel Economies Started
Here are several pivotal moments in the development of the parallel economy.
Big Tech censorship of republican leaders is a major concern for conservative social media users. Censorship became a significant talking point after the 2016 election when shadow banning increased. Twitter has banned Republican senators, governors, and even satirical accounts in the name of fact-checking and stopping the spread of disinformation.
In response to Big Tech censorship, John Matze Jr. created a new social media app called Parler to give everyone a platform for free speech. After the U.S. Capitol riot in January 2021, the App Store and Google Play store removed Parler. While the app is once again available for iPhone and Android, the initial removal of Parler led more consumers with conservative values to step away from traditional Big Tech platforms.
After the 2020 election, social media giants including Twitter and Facebook banned Donald Trump from using their platforms. The public outcry following Trump’s ban ended up being one of the primary triggers that led conservatives to leave traditional media for the developing parallel economy.
Parallel Economy Examples
A parallel economy is any technology or platform that separates itself from mainstream media and takes a definitive stance on political issues to attract consumers with those same values.
Examples of parallel economies include:
Companies in the traditional economy include:
Join the Parallel Economy
To join the parallel economy, find an app that focuses on conservative values and acts as a replacement for Big Tech media.
The future of parallel economies is uncertain. The emerging platforms may fail if skeptics prevent a large-scale migration away from Big Tech. On the other hand, the parallel economy could take over traditional platforms and create a medium for conservatives to better connect with other conservatives and stop censorship.
Republican leaders have encouraged anyone with conservative values to break up Big Tech companies and boycott monopolies and big businesses. You can support anti-censorship companies that believe in free discourse by deleting your current social media accounts and transitioning to the parallel economy.
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