Radical Markets
* Book: Radical Markets. By Eric Posner & Glen Weyl.
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Description
Simon de la Rouviere:
The book "explores the ways in which our current systems are inept at producing outcomes for collective good.
In the chapters they argue:
- New forms of property rights [Common Ownership Self-assessed Tax] that reduces the negative effects of monopolistic control on property.
- New voting systems that reduces the tyranny of the majority and allows minorities a greater voice.
- New migration proposals that allows any citizen to sponsor a migrant.
- New ways at looking at anti-trust in the economy and reducing its negative effects.
- New ways to think about our data that the tech giants collect, and finding ways to price this “labor” we are giving freely to machine learning AIs.
It’s a highly recommended read. Besides backing up the ideas with proper rigour, I found the vision the most enticing: looking at ways to change & add markets that reduce negative externalities and optimally produces collective good outcomes. The best decision for the individual is also the best decision for the whole." (https://medium.com/@simondlr/radical-markets-in-the-arts-13c27d3b7283)