5min chapter

The Ownership Economy cover image

Episode 001 - Cryptoeconomics, Economic Democracy, and Networked Governance in Web3 with Nathan Schneider

The Ownership Economy

CHAPTER

How Does Crypto Really Supercharge Investor Power?

Co-operatives were created not by wealthy investors, but by factory workers. They drew on older practices of community power and resilience into a modern framework. Now the crypto economy has kind of both of these tendencies. In some ways, it kind of supercharges investor power even more than in the world outside. But at the same time, it opens up possibilities for or participant power.

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