Taking the Power Back

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* Article: Taking the Power Back. By Ziri Rideaux and Brendan Miller. Part of the Decentralised Futures Nesta Innovation Foundation, 2020

URL = https://www.nesta.org.uk/report/taking-power-back

Description

Ziri Rideaux and Brendan Miller offer a vision in which decentralised autonomous organisations (DAOs) replace both corporations and governments as the preferred type of human organisation. Like Bauwens, they see moderm representative democracy and nation states as being incapable of solving various problems, which instead require global collective action, and envisage what a global direct democracy platform might look like.

In 5 to 10 years, organic, decentralised autonomous organisations (DAOs) more aptly called Coorganisms, will increasingly outcompete corporations and representative governments as the preferred way to organise human endeavors, because they solve collective action problems better. This will lead to a renaissance of the democratic commons, by restoring ownership and control to the people, and usher in new forms of global stewardship.

Taking the Power Back is an essay that is a part of the Decentralised Futures report from the Nesta Innovation Foundation.