Glen Weyl: Radical Markets
Abstract
Glen Weyl presents a new way to structure markets so that it is not dominated by inequality and massive powerful monopolistic organizations.
Commentary
Honestly this talk was so mind bending that I didn’t really take good notes (because I was too busy being mind warped), so you’ll have to read his book. Both of their books and articles.
Notes
Market Topia
Ideas
Henry George
Continue to develop as mechanism design
Reshaping the world
Common ownership self assess tax
7% or so on average
And stand ready to sell the asset at the price
$24,000 for every family
Quadratic voting
Pool of vote tokens
But extremists can’t dominate
Cost is square of vote
Visas between individual program
Stake in seeing more migration
Stake in migrants
Dismembering the Octopus
Data as Labor
Treat our data as labor
Is the world ready?
RadicalxChange
Who owns the future
Jaron Lanier
Taking victory seriously, not literally
No democratic layer, identity layer, payment layer,
Rule of private property but not democratic governance
Individuals need to form into intermediate layers
We need bubble to get collective organization
What gives you the bell curve
