Pluralistic Capital Allocation Using Blockchain Tools

* Article: Beyond Narrow Optimization. Reimagining Capital in the Networked Age. Benjamin Life. Sep 03, 2025

URL = https://omniharmonic.substack.com/p/beyond-narrow-optimization?

Description

"This essay argues that by developing pluralistic capital allocation systems, we can transcend the limitations of narrow financial optimization while preserving the coordinative efficiency that markets provide. By expanding what we measure, value, and incentivize, we can build economic systems that optimize for human flourishing and ecological sustainability rather than extraction and accumulation."

Contextual Quote

"What we need is neither unfettered markets nor hegemonic state control, but a new economic theory of value—a regenerative cryptoeconomic framework that leverages decentralized technologies to create pluralistic economic structures. Such structures would enable communities to define, measure, and exchange diverse forms of value without relying on either corrupted state power or extractive market mechanisms. By creating economic infrastructure that can recognize and incentivize contributions to social cohesion, ecological health, and human flourishing, we can build systems that generate and equitably distribute real value rather than extracting and concentrating financial wealth."

- Benjamin Life [1]