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25min chapter
E63: Balaji Srinivasan and Glen Weyl on Decentralized Governance, Politics, and History
"Upstream" with Erik Torenberg
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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