"Upstream" with Erik Torenberg cover image

E63: Balaji Srinivasan and Glen Weyl on Decentralized Governance, Politics, and History

"Upstream" with Erik Torenberg

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Rethinking Political Economy Models and Decentralized Governance

The chapter explores the need to replace the standard political economy model with a more nuanced approach that focuses on the relationships individuals have with each other in a network. It discusses the challenges posed by traditional market mechanisms and emphasizes the importance of considering social relations in decision-making processes. The conversation also delves into concepts like quadratic voting, decentralized governance, and the potential impact of advancements in technology on the future landscape of governance and society.

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